| Apr'20 | Jan'20 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||||
Net (loss) earnings | |||||||||||||||||
-1,800 | -1,200 | 8,200 | -1,300 | 5,900 | 3,000 | 400 | 4,000 | 12,500 | 11,400 | 15,000 | 10,800 | 15,000 | 11,200 | 22,200 | 17,800 | 14,800 | 14,200 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | |||||||||||||||||
Share-based compensation expense | |||||||||||||||||
3,300 | 3,200 | 3,000 | 3,100 | 3,000 | 2,600 | 2,500 | 2,800 | 2,600 | 2,100 | 2,300 | 2,500 | 1,300 | 2,300 | 2,500 | 2,400 | 2,500 | 2,100 |
Depreciation | |||||||||||||||||
6,200 | 5,200 | 4,800 | 4,600 | 4,300 | 9,800 | 10,000 | 5,500 | 5,600 | 4,900 | 6,300 | 2,100 | 5,400 | 3,100 | 2,600 | 2,800 | 1,900 | 2,500 |
Amortization of intangible assets | |||||||||||||||||
4,400 | 4,500 | 4,300 | 4,100 | 3,600 | 3,700 | 3,700 | 4,100 | 4,200 | 4,200 | 4,300 | 3,600 | 1,300 | 1,300 | 1,300 | 1,300 | 1,400 | 1,500 |
Deferred taxes | |||||||||||||||||
-200 | 500 | - | -3,100 | -100 | -2,500 | - | -2,900 | -1,200 | -9,900 | - | 900 | 1,700 | 5,200 | - | -8,100 | 7,900 | 1,200 |
Income from equity method investments | |||||||||||||||||
-1,400 | 700 | -1,600 | -1,000 | -500 | 800 | 700 | 0 | 3,900 | -700 | -1,700 | 2,600 | 300 | 100 | -500 | -800 | 500 | -800 |
Amortization of deferred loan costs | |||||||||||||||||
600 | 600 | 600 | 600 | 600 | 600 | 600 | 500 | 600 | 600 | 1,200 | 600 | 0 | 0 | - | - | - | - |
Other, net | |||||||||||||||||
-200 | 0 | 200 | 400 | -1,300 | -100 | -1,300 | 600 | 0 | 0 | -1,200 | 0 | -400 | -200 | -100 | -600 | 600 | -600 |
Changes in assets and liabilities, net of effects of acquisition: | |||||||||||||||||
Accounts receivable | |||||||||||||||||
3,800 | -18,500 | 10,300 | 4,300 | -8,800 | -20,600 | 23,500 | 1,900 | -800 | -33,600 | 30,300 | -6,900 | 9,600 | -9,900 | 13,400 | -9,900 | -3,900 | 5,000 |
Inventories | |||||||||||||||||
13,100 | 21,100 | -15,100 | -200 | 4,400 | 22,000 | -10,400 | 1,800 | 1,400 | 9,600 | -19,900 | 8,900 | 8,500 | 6,700 | 900 | 11,100 | 7,800 | 3,700 |
Prepaid expenses and other assets | |||||||||||||||||
9,600 | -3,700 | 400 | -2,200 | 1,200 | -3,700 | 800 | -1,500 | -1,300 | 0 | 2,700 | -400 | 5,400 | 2,400 | 1,300 | -500 | 700 | -600 |
Accounts payable | |||||||||||||||||
5,600 | 15,400 | -4,700 | -1,600 | -2,200 | -500 | 7,900 | 4,500 | -8,700 | 1,500 | -5,800 | 3,400 | 9,200 | -1,900 | -400 | 2,200 | -4,500 | 800 |
Accrued liabilities and other current and long-term operating liabilities | |||||||||||||||||
5,700 | -4,800 | 11,400 | 3,900 | -7,500 | 3,100 | -3,200 | -1,000 | -7,100 | 1,100 | 18,600 | 7,100 | 4,800 | -2,400 | 3,000 | 6,700 | 2,000 | -8,900 |
Deferred revenues | |||||||||||||||||
2,000 | -800 | -3,300 | 0 | -500 | -1,400 | 2,300 | 500 | 100 | -500 | 400 | 0 | -1,500 | -500 | 0 | 2,000 | 500 | -600 |
Net cash provided by operating activities | |||||||||||||||||
900 | 23,000 | 22,900 | 16,100 | 12,900 | 20,000 | 18,500 | 21,300 | 5,400 | 40,100 | 15,400 | 26,800 | 13,800 | 19,200 | 19,800 | 27,500 | 20,800 | 6,100 |
Cash flows from investing activities: | |||||||||||||||||
Purchases of property, plant and equipment | |||||||||||||||||
6,100 | 8,100 | 6,500 | 5,700 | 4,200 | 3,400 | 5,100 | 8,400 | 4,300 | 2,600 | 12,600 | 900 | 1,700 | 5,000 | 4,700 | 5,100 | 8,600 | 10,500 |
Sale of available-for-sale securities | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 8,600 |
Acquisitions of businesses, net of cash acquired | |||||||||||||||||
0 | 1,200 | 0 | 69,500 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Investments in privately-held companies | |||||||||||||||||
600 | 1,300 | - | 3,600 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | -700 | - | - | - | 0 |
Net cash used in investing activities | |||||||||||||||||
-6,700 | -10,600 | -6,800 | -78,800 | -4,200 | -3,400 | -9,900 | -8,400 | -4,300 | -2,600 | -8,400 | -276,900 | -2,400 | -4,300 | -4,700 | -6,400 | -8,600 | -1,900 |
Cash flows from financing activities: | |||||||||||||||||
Net transfers from parent | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -11,200 | 12,700 | 1,800 | - | - | - | - |
Net transfers from parent | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -36,700 | 0 | -9,500 | 9,500 |
Borrowings under credit agreements | |||||||||||||||||
20,500 | 3,000 | 6,400 | 72,000 | 3,000 | 4,000 | 0 | 0 | 8,000 | 2,000 | 5,000 | 538,000 | 206,000 | 0 | - | - | - | - |
Repayments of borrowing under credit agreements | |||||||||||||||||
18,700 | 17,800 | 21,300 | 13,700 | 33,000 | 19,000 | 10,000 | 18,000 | 46,000 | 32,000 | 21,000 | 230,200 | 3,800 | 0 | - | - | - | - |
Proceeds from exercise of stock options | |||||||||||||||||
400 | 1,100 | 600 | 100 | 100 | 0 | 300 | 1,300 | 400 | 1,800 | 0 | 2,200 | 600 | 0 | - | - | - | - |
Proceeds from shares issued under employee stock purchase plan | |||||||||||||||||
0 | 1,800 | 0 | 1,900 | 0 | 1,900 | 0 | 1,900 | 0 | 1,400 | - | - | - | - | - | - | - | - |
Excess tax benefits from share-based compensation | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 2,400 | 0 | 0 | 0 | - | - | - | - |
Other financing activities | |||||||||||||||||
0 | -100 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in financing activities | |||||||||||||||||
-100 | -12,000 | -14,800 | 60,300 | -32,500 | -13,100 | -8,900 | -14,800 | -39,900 | -26,800 | -12,600 | 259,800 | 14,300 | 1,800 | -12,700 | -25,100 | -8,500 | 9,500 |
Effects of exchange rate changes on cash and cash equivalents and restricted cash | |||||||||||||||||
100 | -300 | 0 | -100 | -200 | -400 | 0 | -700 | 100 | 100 | 200 | 0 | 0 | 700 | 0 | 0 | -300 | 400 |
Net increase in cash and cash equivalents and restricted cash | |||||||||||||||||
-5,800 | 100 | 1,300 | -2,500 | -24,000 | 3,100 | -300 | -2,600 | -38,700 | 10,800 | -5,400 | 9,700 | 25,700 | 17,400 | 2,400 | -4,000 | 3,400 | 14,100 |
Supplemental cash flow information: | |||||||||||||||||
Cash paid for interest | |||||||||||||||||
4,200 | 5,000 | 6,200 | 4,600 | 6,100 | 3,000 | 4,700 | 4,700 | 4,900 | 5,000 | 5,400 | 3,500 | 900 | 0 | - | - | - | - |
Cash paid for income tax | |||||||||||||||||
5,900 | 500 | 4,400 | 3,500 | -300 | 600 | 1,200 | 700 | 11,700 | 200 | 3,400 | 2,600 | 0 | 0 | - | - | - | - |
Supplemental non-cash activities: | |||||||||||||||||
Purchases of property, plant and equipment financed through accounts payable | |||||||||||||||||
100 | 800 | 1,600 | -400 | -1,200 | 1,800 | -500 | -3,000 | 3,500 | 2,000 | 2,600 | -1,200 | -1,000 | 3,600 | -500 | 0 | 0 | 3,600 |
Transfers of property, plant and equipment from Varian Medical Systems, Inc. | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |