Invacare corporation (IVC)
CashFlow / TTM
Mar'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 and Cash Equivalents, Period Increase (Decrease) [Abstract]
Operating Activities
Net Income (Loss) Attributable to Parent

-38,709

-53,327

-35,889

-39,874

-43,700

-43,922

-60,339

-66,904

-73,869

-76,541

-76,519

-62,948

-51,020

-42,856

-28,145

-30,915

-27,552

-26,190

-32,646

-39,953

-45,348

-56,070

-52,455

-21,257

-20,106

33,051

31,528

18,291

28,775

1,827

-25,908

-15,972

-3,334

-4,113

0

0

0

Adjustments to reconcile net loss to net cash used by operating activities:
Gain on sale of business

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

24

-17,045

260

260

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

Depreciation and amortization

15,072

15,563

15,377

15,665

15,343

15,556

15,652

15,019

15,149

14,631

14,682

14,678

14,575

14,635

15,535

15,024

16,504

18,204

18,112

23,169

26,787

30,941

34,962

36,081

37,448

36,789

37,764

38,074

37,809

38,593

40,393

40,198

39,720

38,883

0

0

0

Amortization operating lease right of use assets

8,692

8,927

6,927

4,655

2,172

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for losses on trade and installment receivables

699

955

1,345

1,795

2,013

2,029

2,462

2,258

2,067

2,042

1,898

1,392

1,188

1,059

259

216

529

754

928

1,337

1,384

1,775

2,219

3,229

3,584

3,689

4,087

3,954

4,507

5,179

6,746

6,928

9,508

11,460

0

0

0

Benefit for deferred income taxes

-919

-830

-2,820

-2,636

-2,468

-2,800

-3,776

-3,739

-3,645

-4,370

396

307

202

901

65

3,250

3,477

3,588

383

-2,181

-2,591

-2,387

-229

2,147

2,437

2,017

6,386

4,085

4,141

4,316

-6,559

-6,856

-7,278

-7,552

0

0

0

Provision for other deferred liabilities

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for other deferred liabilities

-

-

-

-

-

-

-

-

-

-

-

-

1,200

996

585

485

235

266

1,970

1,109

1,362

1,393

-625

25

-92

-146

458

708

1,006

1,139

1,834

1,725

2,202

2,676

0

0

0

Provision for equity compensation

10,880

11,110

7,057

6,643

4,947

5,283

4,817

5,644

8,275

7,347

7,989

7,515

5,643

6,894

6,250

6,131

5,691

4,013

4,519

5,063

5,338

5,626

0

0

0

-

-

-

-

6,545

6,854

6,752

6,762

6,640

0

0

0

Allocated Share-based Compensation Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Loss on disposals of property and equipment

-129

-182

-1,092

-1,031

-947

-928

-22

-25

61

87

87

88

-41

-51

-4,221

-4,219

-5,165

-5,135

-1,861

-1,956

-980

-1,074

-279

-613

-663

-666

-658

-264

-280

-201

-165

-130

-58

-209

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-668

-402

-402

-402

-1,070

0

0

0

-

-

-

-

-

-

-

-

-24,200

0

0

0

Impairment of an intangible asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,041

9,609

2,686

2,161

1,523

0

0

0

-

-

-

-

-

-

-

-

Amortization of convertible debt discount

11,958

12,325

12,449

12,623

11,921

11,608

11,305

11,010

9,848

8,811

7,739

6,684

6,539

5,454

4,017

2,630

1,269

796

773

752

731

710

690

671

651

633

615

599

588

577

508

714

1,113

1,565

0

0

0

Amortization of debt fees

2,244

2,384

2,480

2,468

2,484

2,489

2,492

2,481

2,319

2,220

2,153

2,067

2,133

1,991

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on Convertible Debt Derivatives

-1,470

-1,197

-8,987

-13,067

-11,618

-11,994

-3,247

3,383

4,455

3,657

3,714

-28

-1,565

-1,268

-2,282

-1,090

-604

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Trade receivables

434

-1,474

5,180

94

-3,799

666

-11,563

-6,132

-7,851

-2,395

-1,888

-16,287

-10,762

-10,210

-12,098

-9,005

-11,982

-9,164

-9,245

-4,981

-4,644

-17,211

-16,858

-19,051

-12,537

-9,706

-10,984

-4,446

-7,733

214

5,914

-756

10,893

1,514

0

0

0

Installment sales contracts, net

-447

-434

-617

544

731

603

842

450

628

930

925

411

723

1,236

1,246

354

-11

-283

-641

-285

-265

-15

3,451

4,283

4,003

3,773

465

-879

-2,039

-4,521

-4,352

-2,690

782

3,162

0

0

0

Inventories

-5,124

-6,466

-14,742

-9,354

4,372

11,497

1,733

-18,279

-22,153

-22,263

-7,972

11,251

9,067

9,944

5,692

-6,184

-4,196

-11,610

-2,848

7,184

3,100

9,527

-1,139

-11,687

-22,965

-23,797

-24,915

-16,356

3,666

16,620

25,466

39,039

32,344

16,389

0

0

0

Other current assets

14,291

7,314

1,922

2,043

3,177

873

1,476

413

-1,986

-1,925

-1,663

-2,590

-865

-84

-53

-755

-2,495

-5,283

-4,683

-2,265

8

-1,950

6,340

3,110

2,192

2,070

-1,543

2,381

4,309

6,086

-3,355

-5,808

-1,561

-649

0

0

0

Accounts payable

9,030

-3,603

-4,814

-4,617

-2,937

4,505

18,416

3,439

-3,437

-2,168

-18,122

-12,598

-7,091

-13,648

-818

-12,577

-13,177

-7,240

-12,784

4,251

4,992

8,329

4,509

5,828

3,429

-19,013

-13,959

-25,434

-24,942

2,560

-3,219

-915

14,679

2,299

0

0

0

Accrued expenses

9,283

2,276

-5,054

-11,077

-18,443

-17,158

-17,789

-18,149

-12,898

-5,711

-14,101

-10,210

-10,705

-18,491

-16,228

-14,993

-19,932

-22,003

-10,800

16,060

23,082

34,113

28,759

-4,697

-1,413

1,396

7,908

16,384

17,604

8,549

5,031

4,024

1,797

-4,087

0

0

0

Other long-term liabilities

-784

-978

-565

-400

-1,302

230

105

-921

-220

-2,167

-1,911

-1,014

-3,829

-4,059

-1,496

-13,087

-12,354

-9,843

-24,405

-22,742

-24,150

-25,244

-14,221

-5,644

-2,467

-2,005

-5,935

-2,038

5,502

7,227

7,346

5,631

-2,258

-2,166

0

0

0

Net Cash Provided by (Used in) Operating Activities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Used by Operating Activities

-

-

-

-

-

-

-

0

-20,095

-

-60,595

-53,250

-48,238

-56,613

-19,214

-23,814

-21,292

-5,378

-26,795

-12,604

-6,879

8,892

11,437

26,119

38,337

10,054

34,224

24,579

27,813

62,291

59,312

69,830

89,310

99,078

0

0

0

Investing Activities
Purchases of property and equipment

11,183

10,874

9,186

9,917

9,570

9,823

14,994

13,292

13,600

14,569

10,743

11,852

11,721

10,151

8,423

7,042

6,168

7,522

8,928

9,712

11,519

12,327

12,367

13,390

13,919

14,158

16,402

17,963

19,275

20,091

21,342

21,850

23,488

22,160

0

0

0

Proceeds from sale of property and equipment

57

73

75

67

50

40

196

216

369

369

224

212

48

42

53

48

23,043

23,117

25,605

25,607

2,598

2,521

38

879

882

885

918

119

118

159

115

76

95

64

0

0

0

Proceeds from sale of business

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in other long-term assets

896

781

-400

-131

-92

116

710

430

608

361

234

270

45

167

-1,482

-1,733

-1,508

-15,003

-22,215

-29,160

-34,538

-20,949

-12,135

-6,367

-912

-1,001

-275

537

362

265

-703

-137

529

724

0

0

0

Proceeds from Divestiture of Business, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

Other

0

-

-

-

0

-

-

-

-

87

67

2

-51

-96

-49

-109

-123

-78

-499

-525

-710

-569

-389

-119

60

-65

173

10

284

245

232

202

-168

13

0

0

0

Net Cash Provided (Used) by Investing Activities

396

-11,614

-8,710

-6,183

-5,892

-6,363

-11,975

-13,506

-13,923

-14,648

-10,820

1,917

2,162

3,649

6,990

8,548

32,206

44,376

53,091

67,450

48,197

33,582

22,065

36,846

30,686

175,345

163,170

117,290

115,878

-29,442

-21,721

-64,269

-66,184

-65,263

0

0

0

Financing Activities
Proceeds from revolving lines of credit and long-term borrowings

0

-

-

-

0

-

-

-

-

-

-

-

-

122,025

146,969

195,897

270,564

219,603

248,502

265,606

264,197

255,658

304,097

291,790

299,030

352,455

333,735

364,905

379,756

339,314

343,340

390,651

413,811

450,595

0

0

0

Capital leases payments

16,596

17,196

16,751

2,638

1,966

1,493

1,475

2,029

2,674

16,308

16,189

16,056

16,311

2,830

30,030

79,528

159,721

232,808

265,613

314,245

300,150

286,712

340,121

354,313

371,373

545,874

532,964

510,129

529,716

367,500

384,338

393,020

409,489

454,567

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

2,626

3,540

3,865

4,086

2,676

1,761

1,429

0

17

505

1,363

2,219

2,402

2,232

1,404

595

480

674

644

597

512

0

0

0

-

-

-

-

4,139

0

0

0

Payment of financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

6,125

5,966

6,094

5,125

1,954

1,954

1,391

1,391

0

0

0

0

-

-

-

-

-

-

-

-

24,113

0

0

0

Payments of Ordinary Dividends, Common Stock

1,651

1,645

1,644

1,641

1,635

1,630

1,624

1,619

1,610

1,604

1,595

1,586

1,580

1,583

1,585

1,585

1,592

1,589

1,588

1,586

1,585

1,584

1,582

1,582

1,581

1,581

1,585

1,585

1,580

1,581

1,580

1,581

1,584

1,588

0

0

0

Proceeds from Issuance of Warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

12,376

12,376

12,376

12,376

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

1,286

894

883

883

1,888

2,427

2,459

2,459

2,196

1,276

1,254

1,254

331

5,331

5,298

5,298

5,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

21,548

0

0

0

Net Cash Provided (Used) by Financing Activities

-6,139

-27,941

-19,277

-5,154

-4,273

-2,924

-2,018

-2,809

102,215

88,097

87,222

87,164

-19,785

118,549

116,971

117,131

113,721

-14,346

-18,421

-50,212

-38,334

-32,158

-36,932

-63,461

-73,327

-194,488

-200,814

-146,809

-151,541

-29,768

-42,560

-15,245

-21,701

-47,082

0

0

0

Effect of exchange rate changes on cash

-2,743

-32

-3,628

-2,372

-4,167

-3,911

-1,754

1,035

5,585

4,619

1,730

-1,054

-2,007

-1,406

208

769

-549

-3,528

-3,469

-4,964

-3,626

-1,170

-129

2,050

483

83

763

892

263

786

-1,029

-2,983

-1,389

-271

0

0

0

Cash, Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-59,621

-37,696

-37,684

73,782

52,294

17,537

34,777

-67,868

64,179

104,955

102,634

124,086

21,124

4,406

-330

-642

9,146

-3,559

1,554

-3,821

-9,006

-2,657

-4,048

-7,587

3,867

-5,998

-12,667

36

-13,538

0

0

0