Meridian bioscience inc (VIVO)
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'11Dec'10Sep'10Jun'10Mar'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net earnings

21,368

19,103

24,382

25,713

27,459

25,653

23,849

24,141

17,556

21,580

21,557

21,322

29,836

29,615

32,229

35,205

35,553

36,532

35,540

35,255

34,988

35,218

34,743

35,711

37,035

36,984

38,032

37,455

35,890

35,267

33,371

31,508

29,750

27,384

26,831

25,443

25,031

23,751

26,647

0

0

0

Non-cash items included in net earnings:
Depreciation of property, plant and equipment

5,310

5,398

5,433

5,155

4,817

4,598

4,491

4,407

4,424

4,410

4,342

4,321

4,306

4,119

3,937

3,756

3,423

3,439

3,470

3,474

3,599

3,562

3,523

3,466

3,444

3,427

3,354

3,352

3,396

3,402

3,490

3,515

3,429

3,438

3,380

3,322

3,285

3,187

3,104

0

0

0

Amortization of intangible assets

6,322

5,424

4,531

3,479

3,208

3,324

3,433

3,665

3,755

3,746

3,776

3,699

3,832

3,270

2,690

2,273

1,610

1,667

1,748

1,799

1,897

1,982

2,039

2,103

2,146

2,215

2,269

2,272

2,267

2,225

2,165

2,133

2,183

2,246

2,321

2,298

2,048

1,781

1,581

0

0

0

Amortization of deferred instrument costs

-

-

-

-

-

-

764

808

873

916

972

1,007

1,047

1,067

1,091

1,132

1,181

1,277

1,391

1,509

1,592

1,659

1,702

1,679

1,647

1,586

1,529

1,486

1,341

1,174

942

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation

2,642

2,369

3,251

3,248

3,795

3,313

3,402

3,372

2,996

3,256

3,381

3,148

2,981

3,184

2,911

3,302

3,660

3,507

3,324

3,571

3,354

3,334

3,557

3,180

3,086

3,007

2,502

2,301

2,239

2,154

1,987

2,193

2,501

2,516

2,504

2,592

2,269

2,274

1,866

0

0

0

Deferred income taxes

516

-494

-817

-1,081

599

1,420

-300

393

-2,084

-2,241

1,474

1,530

2,055

1,425

-233

-605

-171

211

-122

28

-366

-333

-140

-905

-1,576

-1,394

-1,823

-1,313

-880

-905

-1,448

-1,087

-744

-942

-1,218

-1,502

-173

-512

12

0

0

0

Change in accrued contingent consideration

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Losses on dispositions of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-30

-186

-378

-391

-359

-642

-431

-419

-446

-18

-19

-30

-26

0

0

0

Change in the following:
Accounts receivable

6,313

2,081

2,314

3,381

1,213

1,141

4,447

975

5,098

6,391

1,211

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-498

-352

-3,841

-2,909

-2,060

-1,174

1,142

4,550

1,151

-1,283

-3,467

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

1,052

1,149

2,044

-580

145

-775

-323

3,034

705

-1,718

-1,225

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

573

1,102

-2,315

-546

-889

-1,272

4,124

5,384

4,010

-923

-3,151

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

1,085

338

1,793

1,881

1,359

-30

-524

-1,406

-1,305

69

-384

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in current assets, net of acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,236

6,074

12,143

6,079

-877

1,782

-1,750

1,528

7,165

10,619

7,117

3,486

1,505

-602

-9,183

-1,234

21,324

16,781

11,204

10,762

-9,898

-7,643

-1,489

2,429

0

0

0

Change in current liabilities, net of acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,310

1,375

3,826

3,238

-1,145

515

-2,316

-5,996

-2,337

642

-915

2,669

6,641

3,129

4,818

3,216

-593

710

1,155

-570

-1,003

-387

-684

5,775

0

0

0

Other, net

-218

548

542

-1,187

-582

-721

-810

-241

-163

518

721

970

1,050

436

183

234

71

-406

-205

-456

-934

-140

-356

221

213

80

640

2,083

2,561

3,373

2,870

1,109

471

1,413

648

697

1,789

-471

157

0

0

0

Unrealized loss on auction-rate securities and rights, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by operating activities

30,495

31,633

35,831

39,547

41,995

39,098

34,783

32,446

30,062

33,533

41,355

43,710

43,894

38,124

37,223

37,617

41,239

38,816

42,809

45,847

44,737

45,002

38,262

35,533

35,612

37,734

44,436

43,072

45,961

45,996

42,446

37,726

30,980

21,354

22,456

22,650

23,447

30,162

29,733

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment

3,227

3,028

3,797

4,175

4,154

4,076

4,201

4,405

4,354

4,309

4,467

4,718

4,753

4,620

4,004

3,518

3,576

4,058

4,613

5,121

5,294

5,738

5,306

5,009

4,399

3,730

3,234

2,738

3,091

2,881

3,530

4,458

5,726

7,632

9,139

7,068

6,219

4,762

3,083

0

0

0

Purchase of equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

400

0

0

0

-

-

-

-

-

-

-

-

Purchase of intangibles and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

1,696

0

0

0

-

-

-

-

1,305

1,305

1,305

1,290

12

0

0

0

-

-

0

0

Purchases of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used for investing activities

-47,882

-47,683

-48,452

-49,414

-4,154

-4,076

-4,201

-4,405

-4,354

-4,309

-4,467

-4,719

-4,651

-66,695

-66,695

-66,359

-65,382

-3,687

-3,626

-3,992

-5,313

-5,796

-7,002

-6,719

-6,099

-5,411

-3,277

-2,758

-3,111

-2,896

-4,435

-5,363

-6,631

-8,522

-9,151

-27,604

-18,480

-17,023

-16,332

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid

-

-

10,612

15,912

21,205

21,183

21,170

21,146

21,128

21,114

24,266

27,406

30,547

33,682

33,649

33,576

33,503

33,434

33,357

33,312

33,264

33,217

32,762

32,318

31,871

23,577

31,354

31,309

31,269

39,075

31,226

31,168

31,101

31,026

30,943

30,895

30,856

30,820

29,985

0

0

0

Payments on term loan

-

-

50,250

51,375

4,500

4,500

4,500

4,500

4,500

4,125

3,750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds and tax benefits from exercises of stock options

-

-

-

-

-

-

-

-

-

-

303

764

828

1,325

2,494

3,993

3,929

3,585

2,614

1,034

1,123

1,101

1,009

1,287

1,237

1,769

2,752

2,247

2,351

1,673

552

2,341

2,850

2,953

3,423

1,717

1,102

1,438

795

0

0

0

Net cash used for financing activities

-

-

15,260

6,556

-27,185

-27,540

-27,593

-25,463

-25,628

-25,237

-27,713

-30,008

-32,701

25,253

27,205

29,518

30,268

-29,849

-30,743

-32,278

-32,141

-32,116

-31,753

-31,031

-30,634

-21,808

-28,602

-29,062

-28,918

-37,402

-30,674

-28,827

-28,251

-28,073

-27,520

-29,178

-29,754

-29,382

-29,190

0

0

0

Effect of Exchange Rate Changes on Cash and Equivalents and Restricted Cash

-723

464

-1,005

-427

-959

-670

-298

99

1,575

1,448

671

467

-743

-828

-480

-948

102

-1,374

-1,514

-2,887

-2,777

-1,303

-742

1,139

740

65

132

1,173

325

1,246

630

-1,161

-140

-33

-38

1,476

372

-738

-362

0

0

0

Net Increase (Decrease) in Cash and Equivalents and Restricted Cash

-17,547

6,034

1,634

-3,738

9,697

6,812

2,691

2,677

1,655

5,435

9,846

9,450

5,799

-4,146

-2,747

-172

6,227

3,906

6,926

6,690

4,506

5,787

-1,235

-1,078

-381

10,580

12,689

12,425

14,257

6,944

7,967

2,375

-4,042

-15,274

-14,253

-32,656

-24,415

-16,981

-16,151

0

0

0