Livanova plc (LIVN)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Oct'15Sep'15Jul'15Apr'15
Operating Activities:
Net Income (Loss) Attributable to Parent

-102,744

-155,176

-222,507

-261,802

-217,521

-189,399

-90,526

-55,519

-23,087

-25,089

56,800

27,401

-11,140

-62,789

-75,023

-73,453

-69,991

-19,099

-

0

0

0

Non-cash items included in net income (loss):
Amortization

41,326

40,375

38,832

37,129

37,708

37,194

38,488

41,395

43,269

45,881

46,997

46,422

44,272

45,511

0

0

0

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Stock-based compensation

34,724

32,553

29,663

28,299

27,115

26,923

26,197

24,718

21,898

19,062

18,246

17,326

17,297

19,569

27,817

38,729

37,146

33,523

0

-

0

0

Depreciation

29,566

30,317

30,882

31,409

31,959

32,746

34,153

35,680

36,610

37,054

37,539

38,367

37,715

39,852

0

0

0

-

-

-

-

-

Deferred tax benefit

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Remeasurement of contingent consideration to fair value

-51,154

-26,277

-107,984

-69,244

-92,135

-95,050

4,510

610

-4,676

-9,272

-43,757

-33,657

-33,511

-26,711

-51,854

-51,226

-38,484

-36,992

0

-

0

0

Impairment of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Impairment of property, plant and equipment

-

-

-

-

-

-

-

-

-

-5,979

-10,552

-10,552

-10,621

-5,971

0

0

0

-

-

-

0

0

Amortization of income taxes payable on inter-company transfers of property

-

-

-

-

-

13,370

12,108

19,180

27,250

31,784

32,669

35,066

28,963

25,952

0

0

0

-

-

-

-

-

Losses from equity method investments

-

-

-

-

-

-

-

-

-20,094

-21,606

-23,302

-34,841

-22,980

-22,612

0

0

-6,025

-

-

-

0

0

Gain on acquisitions

-

-

-

-

-

11,484

11,484

11,484

50,912

39,428

0

0

0

-

-

-

-

-

-

-

-

-

Other

-2,358

-5,412

-4,290

-4,115

-8,786

-2,791

-2,320

-4,940

-5,925

-5,240

-4,825

-7,169

-5,557

-10,217

-18,345

-14,869

-13,237

-10,492

0

-

0

0

Changes in operating assets and liabilities:
Accounts receivable, net

-11,951

5,321

3,892

895

-19,136

-21,181

-679

11,223

46,398

48,934

24,515

5,186

1,433

16,448

32,075

38,480

24,292

19,604

0

-

0

0

Inventories, net

14,829

10,608

21,206

13,646

12,634

10,647

-10,571

-2,829

-5,318

-7,187

4,910

4,959

-11,467

-26,703

-58,689

-61,768

-47,126

-33,233

0

-

0

0

Other current and non-current assets

4,426

2,103

-10,395

-4,326

19,675

12,989

5,091

8,062

13,563

6,180

24,687

31,592

28,280

32,686

33,789

25,990

24,104

11,715

0

-

0

0

Accounts payable and accrued current and non-current liabilities

0

-

-

-

-

4,526

35,375

14,856

8,266

7,522

17,796

3,829

7,205

1,645

-94,050

-48,521

-29,058

-22,435

0

-

0

0

Litigation provision liability, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (gain) loss in foreign currency transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

Restructuring reserve

-2,284

-6,747

-630

747

693

6,504

-1,436

-3,144

-6,955

-14,557

-15,309

-15,527

-16,303

12,405

10,241

12,083

17,291

-4,720

0

-

0

0

Net cash (used in) provided by operating activities

-199,161

-91,142

-73,118

54,532

102,070

120,489

117,273

108,315

78,525

91,339

114,468

109,127

113,758

90,151

21,321

-15,443

312

6,885

-

0

0

0

Investing Activities:
Investing Activities:
Purchases of property, plant and equipment

27,547

24,691

29,671

35,498

37,083

37,188

33,247

30,496

31,213

32,933

33,438

36,629

37,791

38,362

41,910

31,029

24,194

17,254

0

-

0

0

Acquisitions, net of cash acquired

-

-

-

-

-

279,691

279,863

279,863

91,823

14,194

0

0

0

-

-

-

-

-

-

-

-

-

Purchases of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,229

0

-

0

0

Purchase of investment

5,500

2,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from asset sales

1,995

1,261

853

1,399

14,197

14,220

14,461

13,987

6,058

5,935

0

0

0

-

-

-

-

-

-

-

-

-

Proceeds from sale of cost-method investment

-

-

-

-

-

-

-

-

-

-

-

0

3,192

-

0

0

0

-

-

-

-

-

Loans to investees

-

-

-

-

-

-

-

-

-

7,426

0

0

0

-

-

-

-

-

-

-

-

-

Purchases of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

7,054

14,048

14,023

20,981

13,990

0

-

0

0

Maturities of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

14,051

21,030

14,006

41,013

34,013

0

-

0

0

Other

0

-

-

-

0

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

Net cash used in investing activities

-46,734

-41,290

-43,667

-49,820

-42,845

-120,556

-118,466

-118,311

-126,136

-52,855

-49,950

-56,201

-45,639

-44,516

-38,535

-18,221

7,234

14,985

-

0

0

0

Loans to equity method investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,846

0

0

-

0

0

Financing Activities:
Financing Activities:
Proceeds from long-term debt obligations

357,086

197,160

237,060

157,347

106,543

103,570

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

4,178

5,929

5,262

5,704

4,973

3,665

6,052

6,667

8,332

9,232

7,744

9,021

6,650

0

-

0

0

Proceeds from short term borrowings (maturities greater than 90 days)

46,115

0

0

0

220,000

240,000

240,000

240,000

40,000

20,000

0

0

0

-

-

-

-

-

0

-

0

0

Closing adjustment payment for sale of CRM business

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt obligations

-

-

-

-

-

-

-

-

-

22,755

0

0

0

-

-

-

-

31,968

0

-

0

0

Repayment of trade receivable advances

-

-

-

-

-

-

-

-

-

-

-

-

-

23,779

23,848

21,626

16,076

0

0

-

0

0

Payment of contingent consideration

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares repurchased from employees for minimum tax withholding

6,455

7,064

9,235

13,027

21,136

11,611

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in short-term borrowing, net

-14,726

-1,188

-1,637

-10,419

-35,187

-30,745

-831

7,237

27,646

12,396

49,485

36,495

44,303

33,708

0

0

0

-

-

-

-

-

Debt issuance costs

2,045

3,795

3,795

3,688

1,750

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of short-term borrowing (maturities greater than 90 days)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

Share repurchases under share repurchase program

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,700

0

-

0

0

Other

-70

-207

-219

-323

-213

-268

740

-675

-2,151

-188

-200

1,018

1,226

-247

0

0

-911

-

-

-

0

0

Cash settlement of compensation-based stock units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,092

0

-

0

0

Realized excess tax benefits - stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,662

0

-

0

0

Net cash provided by financing activities

322,085

146,581

114,303

-6,218

-66,806

-42,348

18,384

15,588

44,031

11,294

-65,043

-75,230

-91,660

-118,039

-82,161

-65,341

-45,196

-25,079

-

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-1,143

-216

-2,153

-1,363

-6,607

-3,996

-2,401

-902

5,825

4,048

2,051

1,108

-1,208

-420

648

532

931

-392

-

0

0

0

Net increase in cash and cash equivalents

75,047

13,933

-4,635

-2,869

-14,188

-46,411

14,790

4,690

2,245

53,826

1,526

-21,196

-24,749

-72,824

-98,727

-98,473

-36,719

-3,601

-

0

0

0

Supplementary Disclosures of Cash Flow Information:
Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

816

0

-

0

0

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,062

0

-

0

0

Issuance of shares resulting in stock subscription receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-