Integer holdings corporation (ITGR)
CashFlow / Quarterly
Apr'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

31,100

11,024

30,586

33,057

21,669

25,745

114,079

20,022

8,118

54,338

13,690

2,990

-4,339

7,933

11,458

-770

-12,660

-24,907

22

9,283

8,008

14,176

14,012

12,348

14,922

9,781

11,071

9,752

5,663

-5,556

-7,561

3,851

4,467

5,639

6,989

8,550

11,944

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

19,494

20,498

18,862

18,877

19,658

20,541

19,856

22,257

26,334

28,212

25,119

24,859

24,606

23,110

22,366

22,635

22,413

17,691

8,747

9,016

9,178

9,254

9,382

9,309

9,252

9,308

8,805

9,089

8,764

12,298

11,966

10,985

11,119

9,166

9,161

9,139

8,840

Debt related charges included in interest expense

1,023

2,492

1,604

1,902

1,774

1,937

42,090

2,212

2,871

2,061

2,609

2,804

3,437

1,891

1,806

1,808

1,773

5,952

4,981

194

193

193

193

195

192

195

284

128

5,759

3,549

3,049

3,003

2,956

2,961

2,814

2,855

2,759

Stock-based compensation

1,738

2,400

1,461

2,720

2,713

2,786

1,577

2,885

3,222

4,785

1,945

3,281

4,669

1,229

2,217

2,127

2,835

332

3,072

3,719

2,253

2,655

3,802

3,552

3,177

2,688

4,066

4,916

2,431

1,897

3,474

3,346

2,187

3,279

3,008

3,048

2,747

Non-cash charges related to customer bankruptcy

628

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash lease expense

1,930

-

-

-

1,864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash (gain) loss on equity investments

1,925

191

986

-1,611

-41

4,580

280

-4,207

4,970

868

992

-4,427

-398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-317

4,549

Deferred income taxes

61

-9,199

40

-1,222

96

-5,827

58,059

5,713

3,181

-52,391

-4,374

-694

-1,753

5,169

-8,743

-1,331

-2,445

-6,684

-1,698

-1,348

-568

3,531

-1,345

-1,065

-590

1,341

-287

-1,698

-29,212

2,729

2,959

-78

123

5,502

856

1,381

1,037

Other non-cash gains

1,085

-1,250

777

-764

1,075

-623

-1,536

2,430

-123

13,943

-291

-5,441

-1,101

7,154

-2,046

-3,414

3,522

-456

1,530

-1,070

1,089

-10,405

3,295

212

3,684

439

-460

1,206

-930

7,838

3,009

-224

165

504

-1,535

527

-172

Changes in operating assets and liabilities, net of acquisition:
Accounts receivable

8,165

-22,986

-583

-379

30,924

-14,094

-6,501

12,314

-1,008

20,639

7,645

-2,387

8,700

14,679

-652

11,998

-23,856

13,711

-13,704

10,620

-14,311

3,271

-2,281

7,349

3,392

-17,280

-8,129

14,133

3,897

-3,961

10,655

-1,465

13,605

3,048

-7,923

8,221

10,131

Inventories

4,365

-12,291

11,413

5,766

-8,612

-3,594

-1,260

9,506

11,442

-19,273

10,808

3,495

5,956

-32,180

-13,909

9,475

14,444

-9,240

24,141

2,105

8,746

-385

5,062

2,567

-518

-4,491

33

3,893

12,073

2,716

195

2,660

1,910

-11,455

7,881

5,001

712

Prepaid expenses and other assets

13,350

20,231

-2,113

-1,324

14,266

-3,372

-1,849

-496

-2,810

3,606

-5,945

-662

-1,853

-817

1,539

4,534

-1,410

490

49

2,382

-1,060

3,258

-46

1,633

-1,564

1,363

-1,171

241

-80

127

-842

310

-848

906

-313

-83

80

Accounts payable

18,458

-15,873

1,471

878

15,411

-10,582

1,590

-13,568

22,466

-8,018

-2,468

2,227

13,146

-6,012

-7,959

10,931

1,913

-218

4,195

-110

-738

341

795

557

-2,663

8,527

-6,521

-187

-512

2,500

508

-2,209

4,958

2,024

-3,357

-2,620

8,189

Accrued expenses and other liabilities

-18,108

6,244

-395

7,301

-15,894

3,148

-10,975

2,102

-6,031

10,786

3,976

-4,186

4,401

-8,285

-1,785

-11,709

7,844

-22,782

1,416

5,375

-12,614

4,841

5,340

7,766

-16,733

556

6,121

6,067

-13,920

1,773

8,355

4,065

-12,734

-2,698

3,834

2,535

7

Income taxes payable

4,963

-9,124

1,278

1,329

1,555

-8,353

11,109

-979

-1,568

-423

11,117

-2,163

5,762

-14,393

3,617

2,798

885

-8,832

-228

3,071

-3,917

-2,121

2,018

-1,386

4,438

-12,889

-8,558

-11,492

30,252

-2,965

253

2,716

1,016

-2,426

-1,466

555

4,783

Net cash provided by operating activities

32,397

53,381

44,427

56,316

11,234

46,563

53,517

21,097

46,122

33,787

38,405

38,540

38,625

33,733

38,045

3,896

29,858

-18,506

8,491

15,163

7,331

26,593

28,167

19,515

7,001

40,680

24,708

-1,038

-7,595

25,287

16,004

23,950

-410

31,452

20,659

12,804

25,006

Cash flows from investing activities:
Proceeds from sale of orthopaedic product lines

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

124

2,531

1,518

0

1,460

1,768

0

0

0

0

-

-

-

-

Acquisition of property, plant and equipment

14,925

23,494

9,198

8,059

7,447

11,568

14,116

8,265

10,959

13,242

11,621

9,651

12,787

11,664

16,566

11,634

18,768

13,309

9,133

6,794

15,380

8,798

4,057

5,998

5,974

3,905

3,396

4,812

6,745

7,424

9,464

14,345

9,836

4,266

6,700

5,476

6,047

Purchase of intangible asset

3,500

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property, plant and equipment

52

23

0

3

2

13

406

62

898

-

-

-

459

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of equity investments

0

0

90

285

42

0

399

831

0

0

819

237

260

98

719

1,550

648

0

1,800

2,500

2,000

2,058

-4,756

450

0

1,804

641

477

810

234

1,653

0

0

-

-

-

-

Proceeds from sale of cost method investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-10,365

Acquisitions, net

5,219

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

17,224

66,493

0

0

0

Other investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

318

967

-285

732

-41

-691

0

-

-

-

-

546

224

-22

-8

-298

-30

-27

-38

24

-19

1,831

98

Net cash used in investing activities

-23,592

-38,480

-9,288

-3,607

-7,487

-12,485

568,250

-9,034

-10,061

-13,234

-12,439

-9,675

-12,588

-12,415

-17,603

-14,151

-19,131

-436,684

-10,892

-8,603

-17,380

-11,053

-15,102

-6,324

-3,443

-4,437

-4,261

-3,807

-5,779

-7,360

-11,087

-14,318

-27,022

-70,571

-6,731

-7,307

4,220

Cash flows from financing activities:
Principal payments of long-term debt

9,375

14,375

16,375

50,375

30,375

-38,625

595,032

25,030

50,032

6,032

37,687

39,688

79,151

17,250

12,250

9,250

7,250

1,224,675

2,500

2,500

2,500

2,500

2,500

2,500

2,500

12,500

237,000

3,000

205,782

8,000

6,000

8,000

10,000

10,000

10,000

20,000

0

Proceeds from senior secured revolving line of credit

25,000

-

-

-

15,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

0

0

-

0

0

50,000

0

0

2,000

55,000

1,749,750

0

0

0

-

-

-

-

0

210,000

7,000

208,000

0

0

0

10,000

45,000

0

0

0

Proceeds from the exercise of stock options

2,201

588

1,054

262

1,338

652

8,132

2,619

1,006

2,250

8,349

1,276

7,449

2,098

113

610

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

932

849

4,207

2,573

352

1,908

3,445

6,594

3,634

1,394

1,185

207

653

180

223

148

285

1,559

409

Payment of debt issuance and redemption costs

-

-

-

-

-

-

-

-

-

571

0

0

1,789

396

0

0

781

45,933

0

0

0

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

Distribution of cash and cash equivalents to Nuvectra Corporation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

76,256

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from (Payments for) Other Financing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

6,249

0

0

-3,983

-122

253

284

-855

404

70

479

-1,608

246

361

-607

-81

-705

106

0

-118

-396

-2

-12

-1,090

Purchase of non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,818

9,875

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax withholdings related to net share settlements of restricted stock unit awards

2,664

322

838

0

2,123

2,461

362

18

2,188

-1

76

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

15,162

-15,494

-36,159

-50,113

-16,160

-32,184

-618,373

-23,309

-51,214

-20,352

-29,414

-38,412

-23,491

-13,281

-12,137

-6,640

-40,088

469,740

-1,315

-1,367

852

477

-2,078

-113

-663

-5,765

-25,702

4,787

3,322

-8,498

-5,241

-7,820

105

34,653

-9,717

-20,567

-681

Effect of foreign currency exchange rates on cash and cash equivalents

-243

-591

-183

-212

382

794

-573

1,818

545

258

552

1,199

219

-916

100

-638

1,006

-666

-28

126

-608

-775

-598

-210

-35

14

44

98

-88

12

34

-213

353

-653

474

334

250

Net increase (decrease) in cash and cash equivalents

23,724

-1,184

-1,203

2,384

-12,031

2,688

2,821

-9,428

-14,608

459

-2,896

-8,348

2,765

7,121

8,405

-17,533

-28,355

13,884

-3,744

5,319

-9,805

15,242

10,389

12,868

2,860

30,492

-5,211

40

-10,140

9,441

-290

1,599

-26,974

-5,119

4,685

-14,736

28,795

Property, plant and equipment purchases included in accounts payable

-

-

-

-

-

-

-417

995

2,007

-

1,581

1,582

3,243

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-