ROPER TECHNOLOGIES, INC. ROP Cash Flow

Roper technologies, inc. (ROP)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Cash flows from operating activities:
Net earnings
1,767,900	944,400	971,800	658,600	696,067	646,033	538,293	483,360	427,247	322,580	239,481	281,874	245,705
Adjustments to reconcile net earnings to cash flows from operating activities:
Depreciation and amortization of property, plant and equipment
49,200	49,500	49,500	37,300	38,185	40,890	37,756	37,888	36,780	36,728	34,163	33,900	31,805
Amortization of intangible assets
366,800	317,500	295,500	203,200	166,076	156,394	151,434	116,860	103,363	86,293	69,285	66,941	59,386
Amortization of deferred financing costs
7,300	6,300	7,200	5,600	4,136	4,003	3,918	2,399	2,362	2,362	2,573	2,267	1,989
Non-cash stock compensation
104,500	133,800	83,100	78,800	61,766	63,027	53,133	40,773	31,730	25,150	27,476	30,905	20,688
Gain (Loss) on Extinguishment of Debt
0	-15,900	0	-900	-	-	-	-	-	-	-	-	-
Gain on disposal of a business
-	-	-	-	70,860	0	0	-	-	-	-	-	-
Gain on sale of assets
0	0	9,400	0	0	-	-	-	-	-	-	-	-
Gain on disposal of business, net of associated income tax
687,300	0	0	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of acquired businesses:
Accounts receivable
46,700	83,500	6,700	20,700	-52,597	404	-32,800	16,455	-33,333	-9,697	26,978	14,609	-21,243
Unbilled receivables
12,000	14,000	13,500	1,200	21,844	10,305	14,754	5,122	11,759	-16,115	4,015	-950	-30,971
Inventories
17,300	21,800	15,300	-6,300	1,150	-6,349	12,687	-18,361	-23,033	-5,687	31,081	-8,728	-489
Accounts payable and accrued liabilities
-12,200	68,800	73,300	20,200	-8,392	7,747	23,305	9,209	24,347	52,540	-58,801	9,209	14,219
Deferred revenue
108,800	86,600	74,900	25,200	8,239	-28,202	-	-	-	-	-	-	-
Income taxes, excluding tax associated with gain on disposal of business
-105,400	-67,600	-257,000	-47,600	3,069	-46,619	-6,427	-15,988	14,526	10,123	-6,225	-2,675	21,508
Cash tax paid for gain on disposal of business
39,400	0	0	-	-	-	-	-	-	-	-	-	-
Other, net
22,400	5,800	18,900	2,800	-936	-1,528	4,218	-6,567	5,870	-4,737	-2,527	7,086	1,210
Cash provided by operating activities
1,461,800	1,430,100	1,234,500	963,800	928,825	840,441	802,553	677,852	601,618	499,540	367,499	434,438	343,807
Cash flows from (used in) investing activities:
Acquisitions of businesses, net of cash acquired
2,387,300	1,275,800	153,700	3,721,800	1,762,883	305,379	1,074,413	1,467,772	233,594	536,413	354,561	704,764	106,942
Capital expenditures
52,700	49,100	48,800	37,300	36,260	37,644	42,528	38,405	40,702	28,591	25,885	30,047	30,107
Capitalized software expenditures
10,200	9,500	10,800	2,800	2,439	2,588	-	-	-	-	-	-	-
Proceeds from disposal of businesses
1,156,800	0	0	-	105,624	0	0	-	-	-	-	-	-
Proceeds from sale of assets
0	0	10,600	-900	-1,126	-1,506	-2,174	-1,315	-1,990	6,068	11,218	1,746	1,347
Other, net
2,600	700	6,900	-8,100	3,500	4,000	1,096	683	3,443	4,338	4,964	6,229	6,686
Cash provided by (used in) investing activities
-1,296,000	-1,335,100	-209,600	-3,752,900	-1,698,332	-348,105	-1,115,863	-1,505,545	-275,749	-563,274	-374,192	-739,294	-142,388
Proceeds from senior notes
1,200,000	1,500,000	0	1,200,000	900,000	0	800,000	900,000	0	0	500,000	500,000	0
Repayments of Senior Debt
0	1,300,000	400,000	0	0	-	500,000	0	0	-	-	-	-
Borrowings (payments) under revolving line of credit, net
-865,000	-405,000	-660,000	1,750,000	180,000	-250,000	150,000	-100,000	230,000	-190,000	139,000	-313,000	206,900
Proceeds from/(payments on) senior unsecured term loan
-	-	-	-	-	-	-	-	-	-	-350,000	350,000	0
Principal payments on convertible notes
-	-	-	4,300	4,006	561	3,702	57,304	26,457	23,411	124,270	-	0
Repayment of borrowings under prior credit facility
-	-	-	-	-	-	-	-	-	-	-	-908,620	0
Principal borrowings/(payments) on term notes under prior credit facility
-	-	-	-	-	-	-	-	-	-	-	-49,125	234,500
Debt issuance costs
12,100	13,900	0	17,300	8,044	0	7,717	12,213	0	0	4,708	10,226	0
Redemption premium for debt extinguishment
0	15,500	0	0	-	-	-	-	-	-	-	-	-
Cash dividends to stockholders
191,700	170,100	142,800	121,100	100,334	79,859	49,092	69,903	42,090	35,706	29,823	25,887	22,954
Stock award tax excess windfall benefit
-	-	-	-	22,228	21,081	11,709	30,747	12,664	6,364	2,813	5,359	7,876
Proceeds from stock-based compensation, net
34,900	10,600	28,500	10,000	18,312	10,463	7,944	37,679	28,167	29,047	10,506	11,037	15,263
Proceeds from issuance of common stock, net of issue costs
-	-	-	-	-	-	-	-	-	-	121,450	-	0
Treasury stock sales
6,800	5,400	4,200	3,300	2,889	2,751	2,449	2,195	2,104	1,697	1,693	1,894	1,763
Redemption premium on convertible debt
-	-	-	14,200	13,126	1,518	9,124	76,641	0	0	-	-	-
Other
4,100	400	100	-1,100	-1,677	-461	1,166	-690	-1,067	-382	-2,258	487	0
Cash used in financing activities
177,000	-388,100	-1,170,000	2,805,300	996,242	-298,104	403,633	853,870	-256,679	167,609	-13,597	187,919	29,548
Effect of foreign currency exchange rate changes on cash
2,500	-13,800	59,200	-37,500	-58,654	-43,522	-1,193	6,312	-1,483	-1,189	9,929	-13,762	8,323
Net increase in cash and cash equivalents
345,300	-306,900	-85,900	-21,300	168,081	150,710	89,130	32,489	67,707	102,686	-10,361	-130,699	239,290
Supplemental disclosures:
Cash paid for:
Interest
171,700	169,000	175,000	104,900	79,225	74,446	94,648	67,804	62,840	64,831	47,867	39,063	50,157
Income taxes, net of refunds received
370,900	321,600	320,200	329,600	280,801	300,969	210,540	188,560	150,550	109,327	103,699	144,258	101,908
Noncash investing activities:
Fair value of assets, including goodwill
2,472,400	1,505,100	177,300	4,433,100	1,876,984	324,717	1,275,827	1,824,453	256,589	687,017	384,055	774,164	112,112
Liabilities assumed
85,100	229,300	23,600	711,300	114,101	19,338	-201,414	-356,681	-22,995	-150,604	-29,494	69,400	-5,170
Cash paid, net of cash acquired
-	-	-	3,721,800	1,762,883	305,379	1,074,413	1,467,772	233,594	536,413	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
2,387,300	1,275,800	153,700	3,721,800	1,762,883	-	-	-	-	-	354,561	704,764	106,942