TELEFLEX INCORPORATED TFX Cash Flow

Teleflex incorporated (TFX)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Apr'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities of continuing operations:
Net income
551,719	461,466	443,791	271,386	185,515	200,802	67,554	88,045	168,544	152,530	256,251	245,558	227,143	237,841	278,060	272,590	258,011	245,713	195,376	189,481	192,177	188,751	172,872	164,723	159,653	151,748	146,259	121,381	121,645	-189,102	-50,458	-28,323	-36,735	324,967	238,182	216,652	242,691	202,455	0	0	0
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Loss from discontinued operations
504	-515	2,103	2,087	2,096	4,370	1,482	-885	-1,301	-2,733	-2,735	-230	323	190	10,520	9,679	9,296	8,905	-2,800	-2,352	-3,287	-2,709	-1,757	-457	-98	-435	-1,236	-4,786	-8,387	-7,320	120,135	133,800	142,168	205,645	149,073	149,477	174,427	114,783	0	0	0
Depreciation expense
65,285	64,088	63,263	62,933	61,307	60,494	58,624	57,940	57,149	56,497	56,533	55,890	55,993	54,415	52,250	50,237	47,700	46,013	46,833	48,595	49,542	50,207	49,042	46,489	43,795	42,368	40,780	38,932	37,727	36,204	36,141	37,158	38,638	40,336	39,312	40,192	40,279	41,225	0	0	0
Intangible asset amortization expense
151,160	150,000	150,187	149,777	149,435	149,500	146,798	132,433	117,831	98,800	79,981	73,469	66,919	63,491	64,588	63,951	62,997	62,380	59,151	58,650	59,647	60,926	60,589	58,159	54,189	50,608	49,073	47,613	46,192	44,264	42,810	42,461	42,131	42,634	41,063	40,756	41,047	40,765	0	0	0
Deferred financing costs and debt discount amortization expense
4,073	4,307	4,499	4,615	4,735	4,734	4,683	4,618	4,847	5,075	5,874	6,711	7,469	10,440	12,785	15,074	17,123	16,941	16,767	16,602	16,278	15,897	15,523	15,142	15,023	14,959	14,905	14,851	14,636	14,416	14,201	13,982	13,756	13,526	13,389	12,502	10,105	7,750	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-5,593	-5,593	-5,593	-24,843	-19,261	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15,413	0	0	0	-	-	-	-
Gain on sale of assets
0	-	0	0	0	-	-	-	0	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value step up of acquired inventory sold
0	-	-	-	0	-	-	-	-	10,442	10,442	10,442	7,832	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in contingent consideration
-5,644	53,915	46,527	43,815	56,442	52,977	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets
3,936	6,966	6,911	24,156	22,140	19,110	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
24,681	26,940	26,006	24,401	23,432	22,438	21,357	20,610	19,954	19,407	18,850	18,456	17,674	16,871	16,628	15,290	14,072	14,467	13,481	13,627	12,985	12,227	12,570	11,831	12,154	11,871	10,879	10,386	9,695	8,623	8,223	7,570	7,342	4,532	4,054	5,166	5,735	8,521	0	0	0
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	332,128	0	0	0	-	-	-	-	-	-	-	-
Deferred income taxes, net
-170,518	-168,594	-155,724	-16,413	-2,022	-6,097	-17,476	-28,222	-40,213	-41,822	-36,329	-36,833	-33,183	-29,346	-41,152	-56,330	-54,742	-54,413	-33,305	-16,339	-16,583	-14,153	-11,704	-4,020	-6,314	-10,182	-14,049	-21,851	-27,709	-39,980	-38,723	-36,488	-24,946	-14,067	-32,480	-23,486	-12,040	-165	0	0	0
Payments for contingent consideration
-79,928	-26,092	0	0	0	-	-	-	0	-	-	-	-6,643	-6,445	356	-1,041	-4,581	-4,576	-3,008	-3,094	-4,665	-7,418	-7,385	-11,333	-13,820	-12,642	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest benefit on swaps designated as net investment hedges
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-28,479	-5,800	-9,640	-14,284	-7,618	-13,426	-15,838	-18,838	-17,038	-18,469	-11,738	-14,641	-12,900	-13,311	-17,578	-16,444	-19,595	-20,775	-22,987	-13,127	-10,157	-8,968	2,594	4,782	2,991	-1,319	-9,557	-9,248	-7,314	-3,776	-2,880	-6,130	-7,295	-2,701	641	-23,915	-23,922	-24,195	0	0	0
Changes in assets and liabilities, net of effects of acquisitions and disposals:
Accounts receivable
68,836	59,793	34,803	27,273	34,112	23,412	47,297	31,996	33,132	11,039	8,917	-4,279	-18,230	11,029	-13,428	-8,145	-11,736	-398	1,762	9,230	18,478	-9,394	-13,543	-17,430	-21,092	1,294	17,261	7,791	37	2,932	618	19,829	39,734	43,561	42,661	36,175	30,207	50,088	0	0	0
Inventories
46,316	53,170	70,792	56,151	56,430	37,198	21,771	25,193	17,009	22,363	8,232	2,495	-6,190	-6,408	-5,916	-5,240	-1,103	8,371	12,351	16,041	22,636	15,531	8,439	-4,038	2,711	8,931	20,927	34,022	18,035	1,970	-3,211	13,063	20,848	33,819	45,526	34,221	32,513	21,421	0	0	0
Prepaid expenses and other assets
13,096	31,023	17,067	13,121	18,469	10,351	1,912	3,068	1,635	-547	8,806	3,847	1,088	3,613	3,479	3,710	2,020	3,027	-7,145	64	-2,693	-1,422	4,593	3,822	11,518	5,926	5,969	-1,422	-10,972	-9,595	-9,094	-3,710	9,796	8,473	17,133	13,239	6,440	7,865	0	0	0
Accounts payable, accrued expenses and other liabilities
-4,323	36,021	39,454	18,061	98,445	62,404	69,454	70,572	9,120	39,001	22,160	25,463	13,616	15,422	20,128	-651	566	-117	-7,295	8,583	29,766	9,818	14,686	-893	-929	2,001	3,775	6,510	-3,772	155	-11,263	-4,905	-3,535	-1,636	18,594	15,024	15,269	-11,135	0	0	0
Income taxes receivable and payable, net
-5,072	-6,531	-20,781	-23,419	-32,965	-35,740	78,839	102,148	136,915	125,828	9,367	6,055	2,918	11,386	21,786	15,218	-4,181	7,672	-12,688	-10,781	-3,175	-15,040	-6,936	-12,476	-10,460	-7,107	274	-3,683	-17,559	-20,258	-36,730	-36,916	-28,001	-28,809	-2,820	32,075	65,536	24,045	0	0	0
Net cash (used in) provided by operating activities from continuing operations
365,445	437,068	421,309	410,786	408,404	435,086	409,537	410,195	422,209	426,301	428,700	426,792	434,698	410,590	428,284	375,346	327,920	303,446	258,203	279,668	290,681	290,241	304,225	295,217	267,953	231,299	191,358	161,623	173,566	194,618	173,269	145,822	113,413	94,357	100,181	101,871	116,717	143,834	0	0	0
Cash flows from investing activities of continuing operations:
Expenditures for property, plant and equipment
98,885	102,695	108,841	98,898	88,542	80,795	72,677	72,074	73,756	70,903	71,200	70,433	58,207	53,135	51,794	49,662	54,825	61,448	64,917	68,042	69,907	67,571	57,160	57,533	60,054	63,580	73,942	73,398	67,699	65,394	63,366	58,343	52,021	44,582	35,375	30,804	28,484	29,330	0	0	0
Proceeds from sale of assets
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for businesses and intangibles acquired, net of cash acquired
267,597	3,462	99,740	99,600	118,366	121,025	780,123	797,275	796,444	1,768,284	1,010,711	1,004,382	989,564	14,040	44,397	59,366	86,433	93,808	80,693	54,801	24,161	45,777	297,093	300,589	339,499	309,008	0	0	0	-	-	-	-	24,623	30,570	30,571	30,571	82	0	0	0
Proceeds from sales of businesses and assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	376,025	206,512	207,732	258,400	181,550	0	0	0
Investments in affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities from continuing operations
0	-	-	0	0	-	-	-869,349	-870,200	-1,832,855	-1,075,170	-1,062,267	-1,032,489	-56,974	-86,399	-104,635	-139,599	-154,848	-145,202	-121,711	-90,466	-108,137	-349,042	-354,043	-397,994	-372,638	-428,134	-374,724	-369,063	-368,258	228,379	184,021	228,201	306,670	140,567	146,357	199,345	152,138	0	0	0
Cash flows from financing activities of continuing operations:
Proceeds from new borrowings
760,000	275,000	0	0	0	-	-	-	-	2,463,500	1,963,500	1,201,200	1,866,200	671,700	671,700	665,000	258,100	288,100	288,100	288,100	280,000	250,000	0	0	0	-	-	-	-	-	-	-	-	515,000	0	0	0	-	-	-	-
Reduction in borrowings
-	-	-	-	-	128,500	590,500	1,029,803	1,119,825	1,239,576	747,654	286,359	852,807	714,565	714,617	709,255	303,714	303,757	303,720	251,083	480,154	480,102	0	0	0	-	-	-	-	-	-	-	-	455,800	711,600	1,108,200	996,280	716,570	0	0	0
Proceeds and tax benefits from share based compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt extinguishment, issuance and amendment fees
-	-	-	-	-	188	7,738	7,738	7,624	26,664	19,114	19,890	28,072	8,958	0	0	0	-	-	-	-	4,494	0	0	0	-	-	-	-	-	-	-	-	18,518	0	0	0	-	-	-	-
Net proceeds from share based compensation plans and the related tax impacts
15,942	21,206	18,003	20,684	23,497	22,655	19,498	14,066	7,476	5,571	6,160	3,780	5,383	9,068	7,826	6,744	8,463	4,994	6,124	6,697	3,633	4,245	0	0	0	-	-	-	-	8,238	8,793	7,523	28,839	34,009	35,117	33,202	13,751	10,657	0	0	0
Payments for contingent consideration
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in notes payable and current borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-706	0	0	0	-	-	-	-	29,700	0	0	0
Payments for contingent consideration
-	-	-	-	-	73,235	73,242	62,756	347	335	7,394	7,302	7,300	7,282	187	4,172	4,100	8,028	7,974	3,989	3,989	0	591	7,471	9,779	16,958	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
62,945	62,828	62,710	62,574	62,368	62,165	61,858	61,585	61,397	61,237	60,885	60,552	60,068	58,960	58,130	57,296	56,593	56,532	56,466	56,399	56,325	56,258	56,176	56,066	56,004	55,917	55,843	55,777	55,687	55,589	55,519	55,454	55,388	55,136	54,886	54,630	54,390	54,312	0	0	0
Net cash provided by (used in) financing activities from continuing operations
0	-	-	0	0	-	-	121,184	87,283	1,141,259	1,134,613	821,182	913,641	-118,692	-112,571	-107,943	-108,204	-85,583	-84,591	-27,471	-262,333	-287,703	10,783	5,374	233,340	231,170	-77,713	-68,626	-69,083	-65,653	-85,031	-85,689	63,824	-11,106	-167,575	-248,023	-401,731	-335,499	0	0	0
Cash flows from discontinued operations:
Net cash (used in) provided by operating activities
-1,346	2,457	5,644	5,555	6,108	2,292	-5,977	-5,919	-6,356	-6,416	-1,799	-1,888	-2,250	-2,110	-2,133	-2,456	-1,636	-2,636	-3,684	-3,508	-3,635	-3,676	-3,106	-3,421	-3,865	-3,327	-3,489	-1,045	-6,250	-7,799	-34,902	-21,221	-3,750	121	55,591	62,681	74,275	69,268	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,351	-3,229	-3,610	-3,772	-2,875	-3,611	-3,876	-4,527	-4,336	0	0	0
Net cash (used in) provided by discontinued operations
-1,346	2,457	5,644	5,555	6,108	2,292	-5,977	-5,919	-6,356	-6,416	-1,799	-1,888	-2,250	-2,110	-2,133	-2,456	-1,636	-2,636	-3,684	-3,508	-3,635	-3,676	-3,106	-3,421	-3,865	-3,327	-3,489	-1,275	-6,902	-10,150	-38,131	-24,831	-7,522	-2,754	51,976	57,677	68,620	63,804	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-5,292	-3,286	-16,735	-3,503	-23,599	-10,948	1,783	13,979	56,807	61,480	31,770	15,905	-17,029	-27,391	-4,185	-8,832	5,318	-25,249	-34,645	-39,350	-47,137	-19,473	-2,915	12,837	15,661	8,441	9,586	19,429	-12,885	2,394	-15,356	-40,141	-9,293	-11,531	-1,207	20,798	8,628	-4,130	0	0	0
Net increase (decrease) in cash and cash equivalents
135,265	-56,078	-98,732	-42,408	-107,660	23,603	-661,297	-329,910	-310,257	-210,231	518,114	199,724	296,571	205,423	222,996	151,480	83,799	35,130	-9,919	87,628	-112,890	-128,748	-40,055	-44,036	115,095	94,945	-308,392	-263,573	-284,367	-247,049	263,130	179,182	388,623	375,636	123,942	78,680	-8,421	20,147	0	0	0
Settlement and exchange of convertible notes with common or treasury stock
-	-	-	-	-	-	-	-	-	-	53,288	1,072	36,239	35,286	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of treasury stock associated with settlement and exchange of convertible note hedge and warrant agreements
-	-	-	-	-	-	0	0	0	-	127,295	19,512	105,346	86,046	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-