NEOGEN CORP NEOG Cash Flow

Neogen corp (NEOG)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10
Cash Flows From Operating Activities
Net Income
58,943	59,816	59,591	60,176	61,906	65,414	66,516	63,215	58,160	51,957	45,975	43,973	41,302	39,212	37,183	36,538	36,152	35,272	33,956	33,576	31,696	30,842	29,243	28,031	27,455	27,510	28,038	27,041	26,005	24,616	23,076	22,389	22,365	22,088	22,984	22,795	0	0	0
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization
18,138	18,012	17,788	17,624	17,404	17,387	17,336	17,058	16,682	15,921	15,208	14,691	14,043	13,539	12,953	12,181	11,626	11,159	10,838	10,649	10,391	10,180	9,666	9,180	8,780	8,290	7,814	7,411	6,956	6,553	6,420	6,173	5,877	5,656	5,449	5,329	0	0	0
Share-based compensation
6,201	5,867	5,655	5,543	5,354	5,074	4,939	4,909	5,021	5,193	5,146	5,261	5,393	5,657	5,687	5,468	5,270	5,036	4,840	4,450	4,184	3,950	3,804	3,686	3,555	3,353	3,171	3,064	2,896	2,789	2,537	2,455	2,170	2,069	2,162	2,237	0	0	0
Excess income tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	3,922	3,926	2,978	1,793	2,945	3,493	3,786	3,490	2,475	2,481	3,782	4,037	4,757	5,193	3,720	3,669	3,113	2,265	1,965	2,302	1,829	3,963	4,034	3,393	2,992	0	0	0
Change in operating assets and liabilities, net of business acquisitions:
Accounts receivable
-714	2,893	1,390	4,025	7,118	7,989	11,705	10,233	4,894	2,671	422	-5,035	3,598	6,669	-473	6,002	2,856	4,647	6,198	7,252	4,697	5,692	6,378	10,602	6,856	6,378	4,953	2,674	4,116	5,266	4,955	7,204	5,138	3,923	5,625	903	0	0	0
Inventories
3,930	6,753	9,629	10,437	7,533	6,216	5,311	2,647	1,369	-775	1,336	6,970	6,117	8,606	12,027	9,427	9,280	6,399	-942	-319	2,640	1,877	4,255	3,529	1,291	3,724	5,324	2,082	3,581	758	850	3,093	5,180	5,058	4,080	434	0	0	0
Prepaid expenses and other current assets
5,225	2,867	2,262	3,569	-3,578	-3,616	1,921	2,275	7,221	7,532	2,820	-812	1,420	1,550	1,069	3,836	391	1,962	2,304	-3,264	-265	-818	-285	2,654	1,167	272	465	1,505	1,368	-886	-537	-1,497	-1,732	519	-698	-499	0	0	0
Accounts payable, accruals and other changes
6,295	558	1,735	-1,461	-2,794	2,298	1,965	4,381	-7,551	-7,150	-2,973	-1,691	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net Cash From Operating Activities
81,127	71,731	71,479	63,842	65,520	74,307	66,542	69,131	61,662	58,132	58,669	60,274	52,507	44,019	49,007	35,331	38,333	41,286	39,967	43,792	37,977	34,306	26,585	21,668	23,835	25,956	27,625	26,561	28,930	27,437	25,374	22,277	18,117	15,458	18,644	28,843	0	0	0
Cash Flows For Investing Activities
Purchases of property, equipment and other assets
19,106	20,747	19,212	14,661	16,526	17,257	18,449	20,946	17,873	18,749	15,547	14,578	16,079	12,645	14,847	14,222	13,903	12,729	9,929	9,619	11,057	11,757	12,013	11,543	9,273	10,018	9,015	8,897	8,564	6,886	7,509	12,413	13,263	13,270	13,049	7,796	0	0	0
Proceeds from the sale of marketable securities
348,846	359,094	360,669	339,225	379,251	355,989	328,345	299,751	257,596	208,305	165,612	149,226	137,077	131,332	146,657	147,189	139,312	131,699	99,364	93,662	81,630	81,466	88,421	91,207	93,980	84,969	74,343	67,039	66,442	66,619	74,628	72,270	68,706	66,846	56,146	40,076	0	0	0
Purchases of marketable securities
472,131	466,364	466,207	437,324	422,266	383,964	356,000	361,419	302,986	263,906	214,107	162,755	143,480	135,501	131,067	151,625	152,944	138,092	133,353	105,944	100,761	91,234	82,294	91,691	93,808	90,919	85,091	82,776	73,510	77,514	75,321	71,631	69,901	68,169	74,527	60,315	0	0	0
Business acquisitions, net of cash acquired
-	-	2,185	6,388	0	0	0	-	-	-	-	-	-	-	-	42,491	16,615	15,594	19,680	6,554	6,554	21,699	29,253	39,265	39,265	25,480	23,330	13,318	16,516	13,116	3,201	4,011	813	813	810	0	0	0	0
Net Cash For Investing Activities
-152,092	-129,502	-126,935	-119,148	-65,929	-50,135	-50,775	-83,082	-63,733	-108,410	-98,071	-62,136	-82,385	-46,188	-28,622	-61,149	-44,150	-34,716	-63,598	-28,455	-36,742	-43,224	-35,139	-51,292	-48,366	-41,448	-43,093	-37,952	-32,148	-30,897	-11,403	-15,785	-15,271	-15,406	-32,240	-28,035	0	0	0
Cash Flows From Financing Activities
Exercise of stock options and issuance of employee stock purchase plan shares
31,197	25,979	16,750	17,034	18,097	17,134	30,297	23,261	24,220	27,198	19,051	21,148	19,863	16,097	12,123	12,363	12,093	11,921	9,918	8,558	11,548	11,228	13,978	14,851	13,033	13,818	10,845	9,533	7,385	5,872	7,193	5,797	7,832	7,899	10,729	10,259	0	0	0
Excess income tax benefit from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	3,922	3,926	2,978	1,793	2,945	3,493	3,786	3,490	2,475	2,481	3,782	4,037	4,757	5,193	3,720	3,669	3,113	2,265	1,965	2,302	1,829	3,963	4,034	3,393	2,992	0	0	0
Increase in other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	100	45	188	-155	-87	14	-951	-750	-2,268	-2,328	-1,443	-1,217	0	0	0
Net Cash From Financing Activities
31,197	22,844	13,615	13,899	14,539	16,711	29,874	22,838	24,471	28,644	22,245	25,070	23,789	19,075	13,916	15,308	15,586	15,707	13,408	11,033	13,861	14,900	17,959	19,608	18,326	17,583	14,702	12,491	9,563	7,851	8,544	6,876	9,527	9,605	12,679	12,034	0	0	0
Effect of Exchange Rates on Cash
-3,034	-244	905	21	-2,620	-3,723	-6,872	-3,380	-217	-238	-574	-898	-890	-1,987	-440	-294	-391	43	-908	-984	-888	-537	444	659	620	213	-111	-113	-182	-54	-62	-167	140	234	193	196	0	0	0
Net Increase In Cash and Cash Equivalents
-	0	-40,936	-	-	37,160	38,769	5,507	22,183	-21,872	-17,731	22,310	-6,979	14,919	33,861	-10,804	9,378	22,320	-11,131	25,386	14,208	5,445	9,849	-9,357	-5,585	2,304	-877	987	6,163	4,337	22,453	13,201	12,513	9,891	-724	13,038	0	0	0