COGNEX CORP (CGNX)
Cognex Corporation specializes in machine vision technology, offering solutions that interpret and process visual data to streamline and automate production and logistics operations globally. Their advanced vision systems enable the automated manufacturing and tracking of individual components or finished goods, such as mobile devices, pharmaceutical containers, and automotive parts. This is achieved by precisely locating, recognizing, examining, and gauging items throughout their journey from production to delivery. The company provides a comprehensive software portfolio, including VisionPro, a collection of patented tools for sophisticated development; QuickBuild, an intuitive platform enabling users to create vision applications via a graphical, flowchart interface; and its specialized deep learning vision software. Beyond software, their offerings encompass robust vision sensors for tasks like ensuring component presence and accurate sizing, alongside the versatile In-Sight series of integrated vision systems and sensors. These tools support a variety of critical inspection functions, such as pinpointing part locations, confirming identities, precise dimensioning, validating assembly, and guiding robotics. Another key product is DataMan, their line of image-based barcode readers and verification systems. Cognex serves a diverse clientele across various sectors, including consumer electronics, automotive manufacturing, general consumer goods, food and beverage processing, pharmaceuticals, and medical device production. Their products are distributed directly and through a global network of partners and system integrators. Established in 1981, Cognex Corporation maintains its headquarters in Natick, Massachusetts.
Sector: Industrial Instruments For Measurement, Display, and Control
Industry: Hardware, Equipment & Parts
Cognex Corporation
NASDAQ:CGNXTechnology · Hardware, Equipment & Parts
+0.60%$47.78
CLOSED · Nov 6Prev close$47.49+0.60%Close$47.780.00%AH close$47.78
AH$47.78+0.00%vs close
Mkt Cap$8.05B
Float158.47M
O/S168.38M
VOL3.79M sh
$ Vol$181.96M
RVOL1.78×
Inst Own-
SI4.1%
Div Yield0.71%
Dilution
Financials Summary
Revenue$994.36M
Net Income$114.44M
Total Assets$2.02B
Free Cash Flow$236.77M
Debt & Equity
Debt 5%
Equity 95%
Total Debt$76.59M
Total Equity$1.49B
Shares Outstanding
Short Interest
Split History2 splits
- 2:1Forward splitDec 4, 20171 share → 2
- 2:1Forward splitSep 17, 20131 share → 2
Balance Sheet Details
Assets$2.02B
Liabilities$524.65M
Accounts Receivable$163.69M
Accounts Payable$50.2M
Inventory$137.89M
PP&E (Net)$158.32M
Goodwill$386.28M
Intangible Assets$81.1M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 |
| Revenue | $994.36M | $914.51M | $837.55M | $1.01B | $1.04B | $811.02M | $725.63M | $806.34M | $766.08M | $529.51M | $450.56M | $426.45M | $307.65M | $324.28M | $321.91M | $290.69M | $175.73M | $242.68M | $225.68M | $238.32M | $216.88M | $201.96M | $150.09M | $114.11M | $140.73M | $250.73M | $152.1M | $121.8M | $155.3M | $122.8M | $104.5M | $62.5M | $43.4M | $28.6M | $31.5M | $23.6M | $15.9M |
| YoY Growth | 8.7% | 9.2% | -16.8% | -3.0% | 27.9% | 11.8% | -10.0% | 5.3% | 44.7% | 17.5% | 5.7% | 38.6% | -5.1% | 0.7% | 10.7% | 65.4% | -27.6% | 7.5% | -5.3% | 9.9% | 7.4% | 34.6% | 31.5% | -18.9% | -43.9% | 64.8% | 24.9% | -21.6% | 26.5% | 17.5% | 67.2% | 44.0% | 51.7% | -9.2% | 33.5% | 48.4% | - |
| Cost of Revenue | $328.97M | $288.72M | $236.31M | $284.19M | $277.27M | $206.42M | $189.75M | $206.05M | $187.29M | $131.07M | $102.57M | $94.07M | $62.89M | $79.5M | $77.92M | $77.59M | $56.39M | $68.43M | $64.35M | $64.84M | $62.9M | $57.37M | $50.14M | $39.86M | $62.34M | $53.79M | $35.9M | $28.6M | $36.5M | $33.8M | $19.3M | $12.1M | $9M | $5.6M | $5.2M | $3.8M | $3.6M |
| Gross Profit | $665.39M | $625.79M | $601.24M | $721.9M | $759.83M | $604.6M | $535.87M | $600.29M | $578.79M | $398.44M | $347.99M | $332.38M | $244.76M | $244.78M | $244M | $213.1M | $119.34M | $174.25M | $161.33M | $173.48M | $153.98M | $144.59M | $99.95M | $74.25M | $78.38M | $196.94M | $116.2M | $93.2M | $118.8M | $89M | $85.2M | $50.4M | $34.4M | $23M | $26.3M | $19.8M | $12.3M |
| Gross Margin | 66.9% | 68.4% | 71.8% | 71.8% | 73.3% | 74.5% | 73.8% | 74.4% | 75.6% | 75.2% | 77.2% | 77.9% | 79.6% | 75.5% | 75.8% | 73.3% | 67.9% | 71.8% | 71.5% | 72.8% | 71.0% | 71.6% | 66.6% | 65.1% | 55.7% | 78.5% | 76.4% | 76.5% | 76.5% | 72.5% | 81.5% | 80.6% | 79.3% | 80.4% | 83.5% | 83.9% | 77.4% |
| Research and Development | $138.97M | $139.81M | $139.4M | $141.13M | $135.37M | $130.98M | $119.43M | $116.44M | $99.2M | $78.27M | $69.79M | $55.83M | $44.31M | $41.55M | $40.95M | $33.08M | $31.13M | $36.26M | $33.38M | $32.33M | $27.64M | $27.06M | $24.72M | $25.63M | $30.09M | $33.34M | $27.7M | $24.7M | $22.5M | $19.4M | $13.2M | $9.9M | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $363.86M | $370.91M | $339.14M | $312.11M | $309.35M | $267.59M | $273.84M | $262.7M | $220.73M | $166.11M | $156.67M | $148.7M | $123.51M | $119.83M | $117.69M | $104.23M | $96.35M | $112.63M | $99.81M | $96.67M | $82.33M | $70.67M | $55.72M | $58.03M | $61.59M | $61.91M | $43.7M | $38M | $35.8M | $26.3M | $24M | $16.8M | $18.4M | $15.2M | $13.1M | $10.5M | $7.4M |
| Other | $0 | $0 | -$8M | $22.44M | $0 | $35.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $75K | $4.53M | $258K | $0 | $0 | $0 | $0 | $0 | $0 | $14.04M | $11.99M | $9.3M | $8.7M | $5.8M | $5.1M | $3.2M | $1.8M | $1.3M | $900K | $700K | $500K | $400K |
| Total Operating Expenses | $502.83M | $510.73M | $470.54M | $475.68M | $444.73M | $434.07M | $393.27M | $379.14M | $319.93M | $244.38M | $226.47M | $204.53M | $167.82M | $161.38M | $158.64M | $137.39M | $132.01M | $149.15M | $133.2M | $129.01M | $109.97M | $97.74M | $80.44M | $83.66M | $105.72M | $107.25M | $80.7M | $71.4M | $64.1M | $50.8M | $40.4M | $28.5M | $19.7M | $16.1M | $13.8M | $11M | $7.8M |
| Operating Income (EBIT) | $162.57M | $115.06M | $130.7M | $246.23M | $315.1M | $170.53M | $142.6M | $221.14M | $258.86M | $154.07M | $121.52M | $127.85M | $76.94M | $83.41M | $85.36M | $75.71M | -$12.67M | $25.1M | $28.14M | $44.47M | $44M | $46.85M | $19.51M | -$9.41M | -$27.34M | $89.69M | $35.5M | $21.8M | $54.7M | $38.2M | $44.8M | $21.9M | $14.7M | $6.9M | $12.5M | $8.8M | $4.5M |
| Operating Margin | 16.3% | 12.6% | 15.6% | 24.5% | 30.4% | 21.0% | 19.7% | 27.4% | 33.8% | 29.1% | 27.0% | 30.0% | 25.0% | 25.7% | 26.5% | 26.0% | -7.2% | 10.3% | 12.5% | 18.7% | 20.3% | 23.2% | 13.0% | -8.2% | -19.4% | 35.8% | 23.3% | 17.9% | 35.2% | 31.1% | 42.9% | 35.0% | 33.9% | 24.1% | 39.7% | 37.3% | 28.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.9M | $1.42M | $2.19M | $7.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $20.24M | $16.42M | $4.65M | $4.47M | $3.8M | $16.38M | $20.39M | $13.43M | $7.6M | $8.01M | $5.44M | $3.9M | $1.52M | $3.22M | $1.76M | $390K | $2.29M | $10.26M | $7.99M | $6.1M | $4.24M | $6.31M | $3.74M | $1.2M | $11.67M | $10.53M | $7.3M | $5.5M | $3.6M | $5.5M | -$7.2M | $1.4M | $1.3M | $1.5M | $1.5M | $1.2M | $700K |
| Income Before Tax (EBT) | $182.8M | $131.49M | $135.35M | $250.69M | $318.9M | $186.91M | $162.99M | $234.57M | $266.46M | $162.08M | $126.96M | $131.76M | $78.46M | $86.63M | $87.12M | $76.1M | -$10.38M | $35.37M | $36.12M | $50.58M | $48.25M | $53.16M | $23.25M | -$8.2M | -$15.67M | $100.22M | $42.8M | $27.3M | $58.3M | $43.7M | $37.6M | $23.3M | $16M | $8.4M | $14M | $10M | $5.2M |
| Income Tax Expense | $68.36M | $25.32M | $22.11M | $35.17M | $39.02M | $10.72M | -$40.87M | $15.31M | $89.75M | $18.13M | $19.3M | $20.91M | $11.27M | $18.53M | $17.25M | $14.72M | -$5.51M | $4.87M | $8.57M | $10.55M | $12.54M | $15.42M | $7.3M | -$2.18M | -$4.54M | $32.07M | $12.4M | $7.1M | $17.8M | $13.3M | $14.6M | $7.2M | $4.9M | $2.3M | $4.5M | $3.5M | $1.5M |
| Net Income | $114.44M | $106.17M | $113.23M | $215.53M | $279.88M | $176.19M | $203.87M | $219.27M | $176.71M | $143.69M | $187.07M | $121.48M | $73.57M | $68.1M | $69.87M | $61.38M | -$4.87M | $27.27M | $26.9M | $39.85M | $35.7M | $37.74M | $15.95M | -$6.03M | -$11.13M | $68.15M | $30.4M | $20.2M | $40.5M | $30.4M | $23M | $16.1M | $11.1M | $6.1M | $9.5M | $6.5M | $3.7M |
| Net Income Margin | 11.5% | 11.6% | 13.5% | 21.4% | 27.0% | 21.7% | 28.1% | 27.2% | 23.1% | 27.1% | 41.5% | 28.5% | 23.9% | 21.0% | 21.7% | 21.1% | -2.8% | 11.2% | 11.9% | 16.7% | 16.5% | 18.7% | 10.6% | -5.3% | -7.9% | 27.2% | 20.0% | 16.6% | 26.1% | 24.8% | 22.0% | 25.8% | 25.6% | 21.3% | 30.2% | 27.5% | 23.3% |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| EPS | 0.68 | 0.62 | 0.66 | 1.24 | 1.59 | 1.02 | 1.19 | 1.27 | 1.02 | 0.88 | 1.09 | 0.70 | 0.43 | 0.40 | 0.42 | 0.39 | -0.03 | 0.17 | 0.16 | 0.22 | 0.19 | 0.21 | 0.09 | -0.03 | -0.06 | 0.40 | 0.19 | 0.12 | 0.25 | 0.17 | 0.14 | 0.11 | 0.08 | 0.04 | 0.07 | 0.05 | 0.03 |
| Diluted EPS | 0.68 | 0.62 | 0.65 | 1.23 | 1.56 | 1.00 | 1.16 | 1.24 | 0.99 | 0.86 | 1.07 | 0.68 | 0.42 | 0.39 | 0.41 | 0.38 | -0.03 | 0.17 | 0.15 | 0.21 | 0.19 | 0.20 | 0.09 | -0.03 | -0.06 | 0.37 | 0.17 | 0.12 | 0.23 | 0.17 | 0.14 | 0.11 | 0.08 | 0.04 | 0.07 | 0.05 | 0.03 |
| Weighted Average OS | 168.05M | 171.44M | 172.25M | 173.41M | 176.46M | 173.49M | 171.19M | 172.33M | 173.29M | 170.68M | 172.59M | 173.72M | 173.89M | 171.33M | 167.44M | 159.70M | 158.63M | 165.75M | 174.90M | 182.24M | 186.84M | 181.92M | 172.69M | 174.01M | 174.56M | 172.17M | 163.73M | 163.91M | 165.31M | 175.26M | 167.81M | 148.60M | 134.55M | 135.56M | 140.74M | 136.84M | 113.85M |
| EBITDA | $213.59M | $164.18M | $144.58M | $288.29M | $339.18M | $232.53M | $167.5M | $242.69M | $275.85M | $169.13M | $135.64M | $140.32M | $88.04M | $94.27M | $95.11M | $85.6M | $1.44M | $36.74M | $39.49M | $56.14M | $55.43M | $56.82M | $29.67M | $116K | -$13.8M | $101.68M | $44.8M | $30.5M | $60.5M | $43.3M | $48M | $23.7M | $16M | $7.8M | $13.2M | $9.3M | $4.9M |
| EBITDA Margin | 21.5% | 18.0% | 17.3% | 28.7% | 32.7% | 28.7% | 23.1% | 30.1% | 36.0% | 31.9% | 30.1% | 32.9% | 28.6% | 29.1% | 29.5% | 29.4% | 0.8% | 15.1% | 17.5% | 23.6% | 25.6% | 28.1% | 19.8% | 0.1% | -9.8% | 40.6% | 29.5% | 25.0% | 39.0% | 35.3% | 45.9% | 37.9% | 36.9% | 27.3% | 41.9% | 39.4% | 30.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 |
| Assets | |||||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $262.93M | $186.09M | $202.66M | $181.37M | $186.16M | $269.07M | $171.43M | $108.21M | $106.58M | $79.64M | $51.98M | $55.69M | $40.64M | $45.16M | $38.1M | $33.2M | $119.83M | $127.14M | $104.14M | $87.36M | $72.86M | $54.27M | $76.23M | $60.86M | $31.66M | $42.92M | $48.7M | $27.8M | $38.2M | $48.4M | $23.9M | $56.3M | $21.8M | $14.4M | $13.4M | $4.1M | $6M |
| Short-Term Investments | $74.04M | $59.96M | $129.39M | $218.76M | $137.46M | $103.24M | $240.47M | $427.35M | $297.96M | $341.19M | $296.47M | $90.46M | $184.82M | $105.11M | $144.43M | $147.82M | $55.56M | $52.56M | $113.18M | $128.32M | $169.16M | $180.41M | $56.41M | $75.77M | $78.51M | $85.43M | $62.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $336.96M | $246.05M | $332.05M | $400.13M | $323.62M | $372.31M | $411.9M | $535.56M | $404.54M | $420.83M | $348.44M | $146.15M | $225.47M | $150.26M | $182.53M | $181.03M | $175.39M | $179.7M | $217.32M | $215.68M | $242.01M | $234.68M | $132.63M | $136.63M | $110.17M | $128.35M | $111.6M | $27.8M | $38.2M | $48.4M | $23.9M | $56.3M | $21.8M | $14.4M | $13.4M | $4.1M | $6M |
| Accounts Receivable | $163.69M | $146.41M | $116.57M | $127.6M | $134.34M | $131.33M | $108.23M | $127.48M | $126.84M | $57.66M | $42.85M | $50.94M | $53.02M | $42.39M | $48.21M | $45.9M | $30.96M | $30.51M | $38.92M | $40.05M | $42.05M | $33.82M | $26.7M | $18.98M | $17.06M | $47.03M | $29.4M | $25.9M | $28.8M | $22.2M | $24.3M | $9.2M | $7.4M | $3.5M | $4.2M | $2.7M | $1.7M |
| Inventory | $137.89M | $157.53M | $162.28M | $122.48M | $113.1M | $60.83M | $60.26M | $83.28M | $67.92M | $26.98M | $37.33M | $35.54M | $25.69M | $26.18M | $28.1M | $22.72M | $16.83M | $25.06M | $27.46M | $30.58M | $18.82M | $20.09M | $15.52M | $18.95M | $23.08M | $27.66M | $10.9M | $10.8M | $7.8M | $7M | $12.6M | $4.4M | $3M | $1.6M | $1.1M | $900K | $900K |
| Other Current Assets | $58.7M | $63.38M | $68.1M | $67.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38.8M | $7.61M | $6.37M | $6.88M | $6.3M | $7.69M | $10.23M | $7.5M | $8.64M | $7.67M | $9.5M | $8.22M | $9.97M | $12.18M | $16.69M | $116.9M | $142.8M | $149.2M | $91.8M | $75M | $27.8M | $25.2M | $25.5M | $20.7M | $17.5M | $8.3M |
| Total Current Assets | $697.25M | $613.37M | $679M | $717.7M | $639.8M | $601.69M | $607.23M | $780.33M | $629.99M | $526.34M | $444.49M | $271.91M | $332.05M | $239.6M | $285.35M | $279M | $249.35M | $264.42M | $307.68M | $313.08M | $326.65M | $312.96M | $197.6M | $193.79M | $172.57M | $219.74M | $268.8M | $207.3M | $224M | $169.4M | $135.8M | $97.7M | $57.4M | $45M | $39.4M | $25.2M | $16.9M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $158.32M | $165.77M | $180.96M | $117.4M | $100.7M | $101.75M | $106.97M | $91.4M | $78.05M | $53.99M | $53.28M | $47.91M | $37.14M | $34.82M | $31.74M | $29.6M | $28.58M | $27.76M | $26.68M | $26.03M | $24.18M | $24M | $24.98M | $27.41M | $31.21M | $34.01M | $31.6M | $34.3M | $33M | $28.3M | $22.1M | $14.5M | $3.1M | $2.6M | $2M | $1.7M | $1.1M |
| Goodwill | $386.28M | $384.94M | $393.18M | $242.63M | $241.71M | $244.08M | $243.44M | $113.21M | $113.21M | $95.28M | $81.45M | $81.69M | $81.69M | $81.69M | $82.03M | $82.2M | $82.6M | $80.77M | $86.46M | $83.32M | $0 | $0 | $7.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $81.1M | $90.68M | $112.95M | $12.41M | $11.89M | $15.55M | $39.49M | $10.11M | $13.19M | $8.31M | $6.32M | $10.7M | $14.72M | $14.77M | $18.91M | $23.13M | $28.34M | $31.28M | $39.72M | $44.99M | $129.86M | $14.54M | $8.58M | $4.66M | $1.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $305.34M | $340.9M | $244.23M | $454.12M | $583.75M | $395.13M | $433.45M | $262.04M | $423.44M | $324.33M | $273.09M | $400.85M | $229.66M | $238.25M | $174.91M | $102.06M | $26.63M | $41.39M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $383.27M | $392.17M | $400.4M | $407.24M | $418.57M | $434.7M | $449.52M | $28.66M | $27.39M | $28.02M | $19.41M | $14.45M | $12.31M | $15.65M | $15.92M | $15.55M | $14.64M | $17.67M | $19.75M | $9M | $10.23M | $21.52M | $19.43M | $16.61M | $12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $4.99M | $5.03M | $7.09M | $6.64M | $7.24M | $7.79M | $5.83M | $3.92M | $2.49M | $2.32M | $2.61M | $1.5M | $2.14M | $2.83M | $3.03M | $1.56M | $9.72M | $10.75M | $59.25M | $52.23M | $73.65M | $160.3M | $174.72M | $143.04M | $191.12M | $182.39M | $14.4M | $6.3M | $4.8M | $3.6M | $4.3M | $600K | $300K | $400K | $300K | $900K | $200K |
| Total Long-Term Assets | $1.32B | $1.38B | $1.34B | $1.24B | $1.36B | $1.2B | $1.28B | $509.34M | $657.76M | $512.26M | $443.26M | $549.82M | $377.65M | $388.01M | $326.54M | $254.1M | $190.51M | $209.62M | $231.87M | $215.57M | $237.91M | $220.35M | $234.94M | $191.71M | $234.33M | $216.4M | $46M | $40.6M | $37.8M | $31.9M | $26.4M | $15.1M | $3.4M | $3M | $2.3M | $2.6M | $1.3M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.02B | $1.99B | $2.02B | $1.96B | $2B | $1.8B | $1.89B | $1.29B | $1.29B | $1.04B | $887.76M | $821.73M | $709.7M | $627.61M | $611.88M | $533.1M | $439.87M | $474.05M | $539.55M | $528.65M | $564.56M | $533.31M | $432.53M | $385.5M | $406.9M | $436.14M | $314.8M | $247.9M | $261.8M | $201.3M | $162.2M | $112.8M | $60.8M | $48M | $41.7M | $27.8M | $18.2M |
| Liabilities | |||||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||||
| Accounts Payable | $50.2M | $38.05M | $21.45M | $27.1M | $44.05M | $16.27M | $17.87M | $16.23M | $23.46M | $9.83M | $7.86M | $17.22M | $9.49M | $6.82M | $7.1M | $7.15M | $4.96M | $6.78M | $7.25M | $6.46M | $7.12M | $5.56M | $5.55M | $3.5M | $4.36M | $10.13M | $4.2M | $2.5M | $3.3M | $3.7M | $2.8M | $1.3M | $400K | $300K | $300K | $300K | $200K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $9.14M | $25.68M | $16.91M | $18.13M | $8.58M | $9.38M | $30.33M | $5.06M | $11.5M | $5.19M | $985K | $3.2M | $2.63M | $4.41M | $4.24M | $7.77M | $2K | $2.99M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $21.09M | $25.04M | $31.52M | $40.79M | $35.74M | $21.27M | $14.43M | $9.85M | $9.42M | $8.21M | $11.57M | $14.6M | $15.94M | $12.69M | $13.46M | $10.16M | $14.91M | $19.43M | $13.29M | $6.88M | $5.3M | $5.71M | $5.7M | $3.86M | $3.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $51.89M | $34.32M | $27.72M | $49.4M | $50.92M | $41.23M | $10.86M | $11.27M | $14.98M | $9.84M | $7.42M | $19.51M | $6.74M | $5.74M | $5.66M | $0 | $0 | $0 | $0 | $842K | $2.14M | $3.44M | $3.93M | $3.66M | $2.94M | $41.7M | $33.3M | $20.4M | $21.1M | $12.9M | $13.6M | $7.9M | $5.3M | $6.6M | $5M | $3.6M | $3.6M |
| Total Current Liabilities | $183.55M | $169.38M | $151.88M | $187.71M | $188.59M | $132.3M | $120.48M | $91.36M | $112.64M | $65.77M | $53.69M | $80.67M | $61.02M | $50.1M | $54.1M | $54.43M | $38.68M | $51.05M | $43.87M | $46.43M | $58.04M | $70.5M | $47.29M | $30.98M | $28.86M | $51.83M | $37.5M | $22.9M | $24.4M | $16.6M | $16.4M | $9.2M | $5.7M | $6.9M | $5.3M | $3.9M | $3.8M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $274.78M | $243.52M | $273.56M | $265.83M | $308.55M | $329.21M | $343.91M | $8.07M | $6.8M | $5.36M | $5.15M | $4.62M | $4.76M | $5.22M | $4.8M | $5.36M | $6.74M | $9.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $400K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.45M | $1.08M | $18.64M | $34.91M | $58.64M | $58.87M | $53.52M | $54.98M | $72.64M | $4.87M | $3.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.31M | $8.37M | $0 | $0 | $252K | $0 | $0 | $365K | $700K | $2.1M | $1.3M | $1.6M | $1.9M | $0 | $0 | $0 | -$100K | $100K | $100K |
| Total Long-Term Liabilities | $341.1M | $305.96M | $361.18M | $332.04M | $384.98M | $406.2M | $409.75M | $63.05M | $79.44M | $10.23M | $8.4M | $4.62M | $4.76M | $5.22M | $4.8M | $5.36M | $6.74M | $9.92M | $19.31M | $8.37M | $0 | $0 | $252K | $0 | $0 | $365K | $700K | $2.1M | $1.3M | $2M | $1.9M | $0 | $0 | $0 | -$100K | $100K | $100K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.62M | -$4.76M | $0 | -$4.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $524.65M | $475.35M | $513.06M | $519.75M | $573.57M | $538.5M | $530.23M | $154.4M | $192.52M | $76M | $62.09M | $85.3M | $65.79M | $55.32M | $58.9M | $59.79M | $45.42M | $60.97M | $63.18M | $54.8M | $58.04M | $70.5M | $47.54M | $30.98M | $28.86M | $52.19M | $38.2M | $25M | $25.7M | $18.6M | $18.3M | $9.2M | $5.7M | $6.9M | $5.2M | $4M | $3.9M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $334K | $341K | $343K | $345K | $351K | $352K | $345K | $342K | $347K | $172K | $170K | $173K | $174K | $86K | $84K | $82K | $79K | $79K | $87K | $89K | $94K | $92K | $96K | $94K | $93K | $92K | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $406.36M | $499.3M | $512.54M | $528.18M | $562.88M | $487.91M | $753.27M | $646.21M | $668.27M | $643.83M | $566.61M | $523.95M | $462.13M | $436.47M | $434.58M | $379.83M | $328.46M | $345.23M | $337.23M | $329.25M | $304.45M | $283.71M | $258.72M | $248.01M | $254.04M | $265.16M | $197M | $166.6M | $146.4M | $105.8M | $73.5M | $50.5M | $34.4M | $23.3M | $17.2M | $7.7M | $1.2M |
| Comprehensive Income & Other | -$53.5M | -$72.78M | -$45.34M | -$69.3M | -$47.94M | -$33.8M | -$37.27M | -$40.5M | -$34.6M | -$56.43M | -$52.12M | -$39.4M | -$29.83M | -$29.52M | -$17.35M | -$9.22M | -$3.36M | -$5.51M | -$1.9M | -$10.63M | -$14.06M | -$13.86M | -$11.06M | -$5.87M | -$6.34M | -$2.45M | $500K | -$19.2M | -$13M | -$9.7M | -$5.4M | -$5.6M | -$4M | -$2.7M | -$1.9M | -$2.4M | -$1.9M |
| Other Stockholders' Equity | $1.09B | $1.02B | $991.87M | $909.87M | $866.86M | $773.94M | $602.1M | $488.71M | $426.74M | $318.6M | $258.88M | $212.32M | $181.61M | $135.73M | $118.31M | $93.4M | $65.91M | $67.77M | $139.05M | $144.51M | $201.97M | $179M | $126.17M | $106.42M | $123.91M | $118.69M | $79.5M | $56.3M | $89.7M | $76.9M | $70.4M | $53.1M | $20.7M | $17.8M | $19.3M | $16.1M | $13.1M |
| Total Equity | $1.49B | $1.52B | $1.5B | $1.44B | $1.43B | $1.26B | $1.36B | $1.14B | $1.1B | $962.6M | $825.67M | $736.44M | $643.91M | $572.28M | $552.98M | $473.31M | $394.45M | $413.07M | $476.37M | $473.85M | $506.52M | $462.81M | $384.99M | $354.52M | $378.04M | $383.95M | $276.6M | $222.9M | $236.1M | $182.7M | $143.9M | $103.6M | $55.1M | $41.1M | $36.5M | $23.8M | $14.3M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.02B | $1.99B | $2.02B | $1.96B | $2B | $1.8B | $1.89B | $1.29B | $1.29B | $1.04B | $887.76M | $821.73M | $709.7M | $627.61M | $611.88M | $533.1M | $439.87M | $474.05M | $539.55M | $528.65M | $564.56M | $533.31M | $432.53M | $385.5M | $406.9M | $436.14M | $314.8M | $247.9M | $261.8M | $201.3M | $162.2M | $112.8M | $60.8M | $48M | $41.7M | $27.8M | $18.2M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Total Debt | $76.59M | $70.22M | $78.6M | $39.75M | $25.58M | $26.23M | $17.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$186.34M | -$115.88M | -$124.05M | -$141.62M | -$160.58M | -$242.84M | -$153.46M | -$108.21M | -$106.58M | -$79.64M | -$51.98M | -$55.69M | -$40.64M | -$45.16M | -$38.1M | -$33.2M | -$119.83M | -$127.14M | -$104.14M | -$87.36M | -$72.86M | -$54.27M | -$76.23M | -$60.86M | -$31.66M | -$42.92M | -$48.7M | -$27.8M | -$38.2M | -$48.4M | -$23.9M | -$56.3M | -$21.8M | -$14.4M | -$13.4M | -$4.1M | -$6M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | $114.44M | $106.17M | $113.23M | $215.53M | $279.88M | $176.19M | $203.87M | $219.27M | $177.18M | $149.83M | $108.89M | $121.48M | $73.57M | $68.1M | $69.87M | $61.38M | -$4.87M | $27.27M | $26.9M | $39.85M | $35.7M | $37.74M | $15.95M | -$6.03M | -$11.13M | $68.15M | $30.4M | $20.2M | $40.5M | $30.4M | $23M | $16.1M | $11.1M | $6.1M | $9.5M | $6.5M | $3.7M |
| Depreciation & Amortization | $30.79M | $32.69M | $21.88M | $19.62M | $20.28M | $26.5M | $24.9M | $21.55M | $16.99M | $15.07M | $14.12M | $12.47M | $11.1M | $10.86M | $9.76M | $9.81M | $9.58M | $11.38M | $11.36M | $11.67M | $11.43M | $9.97M | $10.16M | $9.52M | $13.54M | $11.99M | $9.3M | $8.7M | $5.8M | $5.1M | $3.2M | $1.8M | $1.3M | $900K | $700K | $500K | $400K |
| Deferred Income Tax | $40.15M | -$21.51M | -$19.78M | -$27.34M | -$3.12M | -$3.35M | -$94.87M | -$413K | $1.79M | -$1.91M | -$11.37M | -$10.23M | -$5.42M | -$3.17M | $1.03M | $1.03M | $1.99M | -$441K | -$9.9M | -$45K | -$3M | -$2.57M | -$432K | -$2.2M | -$7.84M | -$533K | -$7M | -$1.3M | -$2.6M | -$400K | -$1.3M | -$400K | $0 | -$300K | $0 | $0 | $0 |
| Stock-Based Compensation | $48.52M | $52.44M | $54.77M | $54.51M | $43.77M | $42.66M | $45.59M | $41.09M | $31.94M | $20.56M | $20.17M | $15.16M | $10.62M | $8.52M | $8.07M | $3.03M | $9.22M | $10.23M | $11.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$15.23M | -$32.13M | $23.09M | $5.26M | -$2.87M | -$22.13M | $20.34M | -$1.87M | -$55.19M | -$13.25M | -$3.95M | -$915K | -$11.31M | $5.04M | -$2.03M | -$14.54M | -$287K | $8.55M | $3.2M | $0 | $0 | $0 | $0 | $0 | $27.82M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $4.86M | $2.5M | $3.77M | -$48.93M | -$54.92M | -$10.32M | $17.84M | -$16.95M | -$37.09M | $10.41M | -$9.46M | -$11.75M | $666K | $1.87M | -$5.74M | -$7.7M | $5.14M | -$959K | $124K | -$10.18M | $1.05M | -$3.64M | $5.83M | $5.01M | -$12.89M | -$17.9M | -$400K | -$3.6M | -$900K | $2.5M | -$7.7M | -$1.5M | -$1.3M | -$600K | -$100K | $100K | $300K |
| Accounts Payable | $11.71M | $18.35M | -$13.74M | -$17.28M | $27.83M | -$1.69M | $1.63M | -$7.25M | $12.32M | $2.09M | -$8.87M | $10.9M | $13.56M | $1.39M | -$118K | $6.43M | -$14.35M | -$1.93M | $5.89M | $0 | $0 | $0 | $0 | $0 | -$5.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $405K | -$13.57M | -$80.84M | -$12.58M | -$4.05M | $2.78M | $31.86M | -$31.58M | $76.56M | $876K | $9.28M | $17.71M | -$254K | $4.41M | $4.38M | $14.13M | -$600K | -$2.08M | -$3.85M | -$5.03M | -$10.43M | $10.1M | -$5.88M | -$1.95M | -$14.68M | -$8.58M | $13.5M | $4.2M | -$600K | $6.8M | -$14.2M | $1.8M | -$5.1M | $1.1M | -$200K | -$1.4M | $0 |
| Total Working Capital Change | $1.75M | -$24.85M | -$67.72M | -$73.53M | -$34.01M | -$31.36M | $71.67M | -$57.64M | -$3.39M | $121K | -$13M | $15.95M | $2.66M | $12.71M | -$3.51M | -$1.67M | -$10.1M | $3.58M | $5.37M | -$15.21M | -$9.38M | $6.46M | -$50K | $3.06M | -$5.24M | -$26.48M | $13.1M | $600K | -$1.5M | $9.3M | -$21.9M | $300K | -$6.4M | $500K | -$300K | -$1.3M | $300K |
| Other Non-Cash Items | $9.87M | $4.13M | $10.53M | $54.63M | $7.26M | $31.76M | $2.15M | -$396K | -$183K | -$1.59M | -$444K | $1.15M | $2.92M | $4.11M | $879K | $2.76M | $6.46M | $6.92M | $3.03M | $12.21M | $364K | $11.57M | $5.33M | $12.08M | $243K | $23.3M | $700K | -$2.7M | -$1.3M | $900K | $18.8M | $1.2M | $1.2M | $0 | $200K | -$200K | $100K |
| Net Cash from Operating | $245.51M | $149.08M | $112.92M | $243.41M | $314.06M | $242.4M | $253.31M | $223.45M | $224.32M | $182.08M | $118.36M | $155.97M | $95.45M | $101.13M | $86.09M | $76.34M | $12.28M | $58.94M | $48.47M | $48.48M | $42.76M | $63.18M | $30.96M | $16.45M | $20.87M | $76.42M | $55.4M | $29.7M | $52.5M | $51.1M | $21.8M | $19M | $7.2M | $7.2M | $10.1M | $5.5M | $4.5M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$8.74M | -$15.04M | -$23.08M | -$19.67M | -$15.46M | -$13.3M | -$21.75M | -$37.09M | -$28.75M | -$12.82M | -$28.7M | -$20.93M | -$13.38M | -$9.88M | -$7.82M | -$5.85M | -$5.47M | -$6.01M | -$4.63M | -$4.22M | -$3.82M | -$3.12M | -$2.46M | -$2.23M | -$4.46M | -$7.75M | -$3.4M | -$7.2M | -$10.9M | -$10.2M | -$10.5M | -$13.1M | -$1.8M | -$1.5M | -$1.1M | -$1.1M | -$1M |
| Acquisitions | $6.7M | -$1.44M | -$257.06M | -$5.05M | $0 | $1M | -$166.91M | -$4.26M | -$24.12M | -$14.29M | -$1.02M | -$673K | $3.75M | $0 | -$315K | $170.95M | -$4.94M | -$1M | -$1M | -$3.19M | -$111.84M | -$123K | -$11.79M | -$349K | -$361K | -$22.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$290.22M | -$850.85M | -$184.06M | -$233.72M | -$668.05M | -$922.87M | -$1.03B | -$782.03M | -$636.86M | -$751.87M | -$686.65M | -$422.63M | -$370.78M | -$460.49M | -$323.95M | -$253.87M | -$33.78M | -$120.62M | -$277.88M | -$481.09M | -$1.44B | -$805.62M | -$165.53M | -$97.72M | -$139.86M | -$134.84M | -$97.8M | -$81.6M | -$94.7M | -$18.8M | -$75.8M | -$19.5M | -$25.1M | -$24.2M | -$2.8M | -$9.1M | -$8.1M |
| Sales of Investments | $320.12M | $828.38M | $496.46M | $253.98M | $430.97M | $1.1B | $1.06B | $812.57M | $584.46M | $657.25M | $601.44M | $339.47M | $296.09M | $431.51M | $241.74M | $82.92M | $43.72M | $189.38M | $292.21M | $541.02M | $1.53B | $716.71M | $149.43M | $139.35M | $106.31M | $67.12M | $55.6M | $89.3M | $40.5M | $0 | $34.2M | $17.1M | $25.5M | $21.1M | $0 | $0 | $0 |
| Other Investing Activities | $156K | -$8K | $0 | $0 | $0 | $0 | $0 | $30.53M | -$291K | -$113K | $104.39M | $673K | -$3.75M | -$28.98M | $315K | -$170.63M | $0 | $2.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.7M | -$1.8M | -$4.1M | -$3.1M | -$400K | -$6.7M | -$200K | $100K | -$100K | $0 | -$200K | $0 |
| Net Cash from Investing | $28.02M | -$38.97M | $32.27M | -$4.45M | -$252.54M | $169.44M | -$157.34M | -$10.83M | -$105.56M | -$121.83M | -$10.55M | -$104.1M | -$88.07M | -$38.85M | -$90.03M | -$176.49M | -$466K | $64.54M | $8.7M | $52.52M | -$21.09M | -$92.15M | -$30.35M | $39.05M | -$38.37M | -$99.41M | -$47.4M | -$3.6M | -$68.2M | -$29.4M | -$58.8M | -$15.7M | -$1.3M | -$4.7M | -$3.9M | -$10.4M | -$9.1M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $300K |
| Common Stock Issuance | -$445K | $0 | $0 | $0 | $0 | $0 | $0 | $26.78M | $54.56M | $43.47M | $27.58M | $16.93M | $27.79M | $0 | $30.86M | $28.38M | $146K | $15.05M | $6.82M | $10.36M | $27.21M | $43.9M | $20.65M | $5M | $4.64M | $17.92M | $13.9M | $4.3M | $5M | $2.5M | $4.4M | $31.4M | $1.6M | $1M | $3.1M | $3M | $7.3M |
| Common Stock Repurchases | -$151.23M | -$67.08M | -$79.79M | -$204.31M | -$161.65M | -$51.04M | -$61.69M | -$203.82M | -$123.72M | -$47.15M | -$126.35M | -$59.67M | -$47.91M | $0 | -$10M | $28.38M | $0 | -$92.97M | -$32.66M | -$86.3M | -$11.69M | $0 | $0 | -$26.43M | $0 | $0 | $0 | -$39.9M | $0 | $0 | $0 | $0 | $0 | -$2.5M | $0 | $0 | -$1M |
| Dividends Paid | -$54.63M | -$52.33M | -$49.08M | -$45.92M | -$43.26M | -$390.51M | -$35.12M | -$31.86M | -$29.04M | -$25.21M | -$18.06M | $0 | $0 | -$66.21M | -$15.11M | -$10.01M | -$11.9M | -$19.28M | -$14.9M | -$15.06M | -$14.96M | -$12.76M | -$5.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$388K | $994K | $3.27M | $9.86M | $63.29M | $124.68M | $64.58M | -$1M | -$1.93M | -$337K | $9.96M | $7.87M | $7.66M | $21.06M | $34.91M | $30.24M | -$472K | $1.67M | $241K | $1.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $0 |
| Net Cash from Financing | -$206.69M | -$118.42M | -$125.61M | -$240.37M | -$141.62M | -$316.87M | -$32.23M | -$209.9M | -$100.12M | -$29.23M | -$106.87M | -$34.87M | -$12.46M | -$45.15M | $9.79M | $20.23M | -$21.3M | -$95.53M | -$40.5M | -$89.58M | $565K | $31.14M | $15.41M | -$21.42M | $4.64M | $17.92M | $13.9M | -$35.5M | $5M | $2.5M | $4.4M | $31.4M | $1.6M | -$1.4M | $3.1M | $3M | $6M |
| Forex Effect | $9.99M | -$8.25M | $1.7M | -$3.37M | -$2.81M | $2.67M | -$523K | -$1.09M | $8.29M | -$3.35M | -$4.67M | -$1.95M | $557K | -$10.07M | -$960K | -$6.71M | $2.17M | -$4.95M | $111K | $3.08M | -$3.65M | $2.12M | -$660K | -$4.88M | $1.6M | -$670K | -$1.1M | -$1M | $600K | $300K | $100K | -$100K | -$5.9M | -$2.5M | -$6.2M | $4.9M | $4.6M |
| Net Change in Cash | $76.83M | -$16.56M | $21.28M | -$4.79M | -$82.91M | $97.64M | $63.22M | $1.63M | $26.94M | $27.67M | -$3.72M | $15.05M | -$4.52M | $7.06M | $4.9M | -$86.63M | -$7.31M | $22.99M | $16.78M | $14.51M | $18.59M | $4.29M | $15.36M | $29.2M | -$11.27M | -$5.74M | $20.9M | -$10.4M | -$10.1M | $24.5M | -$32.5M | $34.6M | $1.6M | -$1.4M | $3.1M | $3M | $6M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $245.51M | $149.08M | $112.92M | $243.41M | $314.06M | $242.4M | $253.31M | $223.45M | $224.32M | $182.08M | $118.36M | $155.97M | $95.45M | $101.13M | $86.09M | $76.34M | $12.28M | $58.94M | $48.47M | $48.48M | $42.76M | $63.18M | $30.96M | $16.45M | $20.87M | $76.42M | $55.4M | $29.7M | $52.5M | $51.1M | $21.8M | $19M | $7.2M | $7.2M | $10.1M | $5.5M | $4.5M |
| Capital Expenditure | -$8.74M | -$15.04M | -$23.08M | -$19.67M | -$15.46M | -$13.3M | -$21.75M | -$37.09M | -$28.75M | -$12.82M | -$28.7M | -$20.93M | -$13.38M | -$9.88M | -$7.82M | -$5.85M | -$5.47M | -$6.01M | -$4.63M | -$4.22M | -$3.82M | -$3.12M | -$2.46M | -$2.23M | -$4.46M | -$7.75M | -$3.4M | -$7.2M | -$10.9M | -$10.2M | -$10.5M | -$13.1M | -$1.8M | -$1.5M | -$1.1M | -$1.1M | -$1M |
| Free Cash Flow | $236.77M | $134.04M | $89.84M | $223.74M | $298.61M | $229.1M | $231.57M | $186.36M | $195.57M | $169.26M | $89.66M | $135.04M | $82.08M | $91.25M | $78.27M | $70.49M | $6.82M | $52.92M | $43.84M | $44.26M | $38.94M | $60.06M | $28.5M | $14.22M | $16.41M | $68.67M | $52M | $22.5M | $41.6M | $40.9M | $11.3M | $5.9M | $5.4M | $5.7M | $9M | $4.4M | $3.5M |
| Cash at Beginning | $186.09M | $202.66M | $181.37M | $186.16M | $269.07M | $171.43M | $108.21M | $106.58M | $79.64M | $51.98M | $55.69M | $40.64M | $45.16M | $38.1M | $33.2M | $119.83M | $127.14M | $104.14M | $87.36M | $72.86M | $54.27M | $49.98M | $60.86M | $31.66M | $42.92M | $48.66M | $27.8M | $38.2M | $48.4M | $23.9M | $56.3M | $21.8M | $14.4M | $13.4M | $4.1M | $6M | $4.6M |
| Cash at End | $262.93M | $186.09M | $202.66M | $181.37M | $186.16M | $269.07M | $171.43M | $108.21M | $106.58M | $79.64M | $51.98M | $55.69M | $40.64M | $45.16M | $38.1M | $33.2M | $119.83M | $127.14M | $104.14M | $87.36M | $72.86M | $54.27M | $76.23M | $60.86M | $31.66M | $42.92M | $48.7M | $27.8M | $38.3M | $48.4M | $23.8M | $56.4M | $16M | $12M | $7.2M | $9M | $10.6M |