FS Bancorp, Inc. (FSBW)
FS Bancorp, Inc. functions as the holding company for 1st Security Bank of Washington, delivering a comprehensive suite of banking and financial services. These offerings cater to families, local and regional businesses, and specialized industry sectors. The company operates through two main divisions: Commercial and Consumer Banking, and Home Lending. Its deposit portfolio includes checking, money market, and savings accounts, alongside certificates of deposit. For lending, FS Bancorp provides diverse options such as first and second mortgages for one-to-four-family residences, home equity loans, non-mortgage commercial business loans, commercial real estate and construction/development financing, and a variety of consumer loans including personal lines of credit, credit cards, auto, direct home improvement, deposit-secured, and recreational vehicle loans. As of December 31, 2021, the company maintained 21 full-service bank branches and 10 home loan production offices, strategically situated in suburban communities across the greater Puget Sound area (including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, Thurston, and Lewis counties), with an additional loan production office serving the Tri-Cities market. Established in 1936, FS Bancorp, Inc. is headquartered in Mountlake Terrace, Washington.
Sector: Savings Institutions, Not Federally Chartered
Industry: Banks - Regional
FS Bancorp, Inc.
NASDAQ:FSBWFinancial Services · Banks - Regional
-1.06%$43.88
AH Close$43.88+0.00%vs close
AH Close$43.88+0.00%vs close
Mkt Cap$344.99M
Float6.74M
O/S7.86M
Inst Own62.2%
SI2.1%
Div Yield2.62%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$217.51M
Net Income$33.35M
Total Assets$3.2B
Free Cash Flow$51.94M
Debt & Equity
Debt 31%
Equity 69%
Total Debt$141.08M
Total Equity$307.69M
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitJul 15, 20211 share → 2
Balance Sheet Details
Assets$3.2B
Liabilities$2.89B
Accounts Receivable$14.61M
Accounts Payable$0
Inventory$0
PP&E (Net)$44.06M
Goodwill$3.59M
Intangible Assets$10.52M
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 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2007-12-31 | 2006-12-31 |
| Revenue | $217.51M | $203.71M | $185.26M | $134.08M | $131.08M | $142.13M | $109.59M | $79.03M | $66.54M | $59.23M | $47.75M | $33.5M | $28.79M | $23.24M | $17.85M | $19.99M | $19.56M | $20.98M | $21.86M |
| YoY Growth | 6.8% | 10.0% | 38.2% | 2.3% | -7.8% | 29.7% | 38.7% | 18.8% | 12.3% | 24.0% | 42.6% | 16.3% | 23.9% | 30.2% | -10.7% | 2.2% | -6.8% | -4.0% | - |
| Cost of Revenue | $72.76M | $67.24M | $48.66M | $20.63M | $10.22M | $27.75M | $22.2M | $11.77M | $5.68M | $6.56M | $5.91M | $4.5M | $4.35M | $5.28M | $5.38M | $7.37M | $11.59M | $7.52M | $5.78M |
| Gross Profit | $144.75M | $136.47M | $136.59M | $113.45M | $120.86M | $114.38M | $87.39M | $67.26M | $60.86M | $52.67M | $41.84M | $28.99M | $24.45M | $17.96M | $12.48M | $12.63M | $7.97M | $13.46M | $16.08M |
| Gross Margin | 66.5% | 67.0% | 73.7% | 84.6% | 92.2% | 80.5% | 79.7% | 85.1% | 91.5% | 88.9% | 87.6% | 86.6% | 84.9% | 77.3% | 69.9% | 63.2% | 40.8% | 64.2% | 73.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $58.56M | $58.41M | $57.36M | $49.75M | $50.99M | $39.45M | $34.85M | $29.8M | $27.85M | $23.18M | $17.75M | $14.84M | $11.61M | $9.03M | $6.24M | $10.67M | $11.37M | $15.18M | $12.52M |
| Other | $41.45M | $36.48M | $33.96M | $26.71M | $22.45M | $25.07M | $24.41M | $8.89M | $12.43M | $13.39M | $10.35M | $7.68M | $6.9M | $5.73M | $4.69M | $359K | $1.17M | $2.14M | $1.74M |
| Total Operating Expenses | $100M | $94.88M | $91.32M | $76.47M | $73.44M | $64.53M | $59.26M | $38.69M | $40.28M | $36.57M | $28.1M | $22.52M | $18.51M | $14.76M | $10.93M | $11.03M | $12.54M | $17.32M | $14.26M |
| Operating Income (EBIT) | $44.74M | $41.58M | $45.27M | $36.99M | $47.42M | $49.85M | $28.13M | $28.57M | $20.58M | $16.1M | $13.75M | $6.47M | $5.94M | $3.2M | $1.54M | $1.6M | -$4.57M | -$3.86M | $1.82M |
| Operating Margin | 20.6% | 20.4% | 24.4% | 27.6% | 36.2% | 35.1% | 25.7% | 36.1% | 30.9% | 27.2% | 28.8% | 19.3% | 20.6% | 13.8% | 8.7% | 8.0% | -23.4% | -18.4% | 8.3% |
| Interest Expense | $66.84M | $61.73M | $43.89M | $14.41M | $9.72M | $14.72M | $19.32M | $10.23M | $4.93M | $4.16M | $3.66M | $2.7M | $2.18M | $2.36M | $3.01M | $3.89M | $4.52M | $6.94M | $5.54M |
| Interest Income | $197.25M | $184.84M | $167.19M | $118.69M | $96.37M | $88.84M | $89.63M | $62.33M | $46.18M | $38.02M | $31.71M | $24.84M | $21.73M | $18.79M | $16.48M | $17.33M | $16.4M | $17.62M | $16.95M |
| Other Income (Expense) | -$3.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $41.12M | $41.58M | $45.27M | $36.99M | $47.42M | $49.85M | $28.13M | $28.57M | $20.58M | $16.1M | $13.75M | $6.47M | $5.94M | $3.2M | $1.54M | $1.6M | -$4.57M | -$3.86M | $1.82M |
| Income Tax Expense | $7.77M | $6.56M | $9.22M | $7.34M | $10.01M | $10.59M | $5.41M | $4.22M | $6.49M | $5.6M | $4.87M | $1.93M | $2.02M | -$2.1M | $0 | $0 | $0 | $272K | $573K |
| Net Income | $33.35M | $35.02M | $36.05M | $29.65M | $37.41M | $39.26M | $22.72M | $24.35M | $14.09M | $10.5M | $8.88M | $4.54M | $3.92M | $5.29M | $1.54M | $1.6M | -$4.57M | -$4.13M | $1.25M |
| Net Income Margin | 15.3% | 17.2% | 19.5% | 22.1% | 28.5% | 27.6% | 20.7% | 30.8% | 21.2% | 17.7% | 18.6% | 13.6% | 13.6% | 22.8% | 8.7% | 8.0% | -23.4% | -19.7% | 5.7% |
| Supplementary Data | |||||||||||||||||||
| EPS | 4.34 | 4.48 | 4.63 | 3.75 | 4.42 | 4.57 | 2.57 | 3.29 | 2.28 | 1.82 | 1.49 | 0.76 | 0.65 | 0.88 | 0.24 | 0.25 | -0.71 | -0.64 | 0.19 |
| Diluted EPS | 4.28 | 4.36 | 4.56 | 3.70 | 4.32 | 4.49 | 2.50 | 3.15 | 2.14 | 1.76 | 1.47 | 0.76 | 0.65 | 0.88 | 0.24 | 0.25 | -0.71 | -0.64 | 0.19 |
| Weighted Average OS | 7.52M | 7.70M | 7.79M | 7.91M | 8.46M | 8.55M | 8.83M | 7.40M | 6.19M | 5.78M | 5.96M | 5.97M | 6.08M | 6.01M | 6.48M | 6.48M | 6.48M | 6.48M | 6.48M |
| EBITDA | $56.68M | $52.15M | $57.92M | $50.99M | $62.6M | $63.47M | $40.16M | $33.83M | $24.52M | $21.31M | $16.18M | $9.2M | $8.16M | $4.17M | $2.39M | $2.51M | -$3.57M | -$3.06M | $2.47M |
| EBITDA Margin | 26.1% | 25.6% | 31.3% | 38.0% | 47.8% | 44.7% | 36.6% | 42.8% | 36.8% | 36.0% | 33.9% | 27.5% | 28.3% | 17.9% | 13.4% | 12.5% | -18.3% | -14.6% | 11.3% |
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 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2007-12-31 | 2006-12-31 |
| Assets | |||||||||||||||||||
| Current Assets | |||||||||||||||||||
| Cash and Cash Equivalents | $13.5M | $33.36M | $89.86M | $46.15M | $37.03M | $103.85M | $66.68M | $54.85M | $37.02M | $51.7M | $36.88M | $20.1M | $41.09M | $9.41M | $19.25M | $35.25M | $28.53M | $5.9M | $7.16M |
| Short-Term Investments | $288.67M | $167.39M | $104.36M | $229.25M | $271.36M | $178.02M | $126.06M | $97.2M | $82.48M | $81.88M | $55.22M | $48.74M | $56.24M | $43.31M | $26.9M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $302.17M | $200.75M | $194.22M | $275.4M | $308.39M | $281.87M | $192.74M | $152.06M | $119.5M | $133.58M | $92.09M | $68.84M | $97.32M | $52.73M | $46.15M | $35.25M | $28.53M | $5.9M | $7.16M |
| Accounts Receivable | $14.61M | $13.88M | $14.01M | $11.14M | $7.59M | $7.03M | $5.91M | $5.76M | $3.57M | $2.52M | $2.11M | $1.56M | $1.26M | $1.22M | $1.02M | $914K | $952K | $1.08M | $1.11M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $316.79M | $214.63M | $208.23M | $286.55M | $315.99M | $288.9M | $198.65M | $157.82M | $123.07M | $136.1M | $94.2M | $70.4M | $98.58M | $53.95M | $47.17M | $36.16M | $29.49M | $6.98M | $8.27M |
| Long-Term Assets | |||||||||||||||||||
| Property, Plant & Equipment Net | $44.06M | $35.13M | $37.2M | $31.34M | $31.15M | $32.29M | $33.79M | $29.11M | $15.46M | $16.01M | $13.86M | $13.58M | $13.82M | $12.66M | $9.85M | $9.25M | $9.72M | $11.3M | $8.96M |
| Goodwill | $3.59M | $3.59M | $3.59M | $2.31M | $2.31M | $2.31M | $2.31M | $2.31M | $2.31M | $2.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $10.52M | $22.91M | $34.52M | $21.39M | $21.03M | $17.35M | $17.02M | $16.65M | $8.11M | $10.18M | $5.81M | $3.06M | $2.09M | $1.06M | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2.62B | $2.65B | $2.62B | $2.22B | $1.86B | $1.72B | $1.41B | $1.36B | $815.02M | $645.87M | $547.46M | $413.16M | $292.27M | $283.82M | $217.13M | $238.46M | $232.04M | $242.43M | $233.58M |
| Deferred Tax Assets | $6.99M | $7.06M | $6.72M | $6.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $816K | $1.93M | $0 | $0 | $0 | $0 | $425K |
| Other Long-Term Assets | $191.72M | $93.82M | $58.23M | $65.22M | $54.06M | $53.46M | $55.25M | $52.04M | $17.81M | $17.45M | $16.23M | $9.55M | $11.61M | $6.67M | $9.64M | $8.46M | $10.59M | $2.36M | $5.16M |
| Total Long-Term Assets | $2.88B | $2.81B | $2.76B | $2.35B | $1.97B | $1.82B | $1.51B | $1.46B | $858.71M | $691.82M | $583.36M | $439.35M | $320.6M | $305.08M | $236.62M | $256.17M | $252.35M | $256.09M | $248.12M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.2B | $3.03B | $2.97B | $2.63B | $2.29B | $2.11B | $1.71B | $1.62B | $981.78M | $827.93M | $677.56M | $509.75M | $419.19M | $359.03M | $283.79M | $292.33M | $281.84M | $263.07M | $256.39M |
| Liabilities | |||||||||||||||||||
| Current Liabilities | |||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $5.89M | $1.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.75B | $2.34B | $2.52B | $2.13B | $1.92B | $1.67B | $1.39B | $1.27B | $829.84M | $712.59M | $485.18M | $420.44M | $336.88M | $288.95M | $246.42M | $243.96M | $230.99M | $208.86M | $204.82M |
| Total Current Liabilities | $2.75B | $2.34B | $2.52B | $2.13B | $1.92B | $1.67B | $1.39B | $1.27B | $829.84M | $712.59M | $485.18M | $420.44M | $336.88M | $288.95M | $246.42M | $243.96M | $230.99M | $208.86M | $204.82M |
| Long-Term Liabilities | |||||||||||||||||||
| Long-Term Debt | $129.31M | $349.4M | $53.42M | $235.99M | $91.92M | $112.53M | $94.75M | $147.01M | $17.37M | $22.5M | $108.57M | $17.03M | $16.66M | $6.84M | $8.9M | $21.9M | $25.9M | $19.8M | $13.4M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $1.18M | $58K | $1.97M | $361K | $607K | $1.16M | $1.29M | $809K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $39.04M | $125.59M | $31M | $25.24M | $91.4M | $18.47M | $20.01M | $11.96M | $10.64M | $7.18M | $5.63M | $3.33M | $3.34M | $1.71M | $1.68M | $1.64M | $2.71M | $3.39M |
| Total Long-Term Liabilities | $135.19M | $393.99M | $185.86M | $273.46M | $123.14M | $209.16M | $120.41M | $167.39M | $29.94M | $34.3M | $117.04M | $23.47M | $20M | $10.18M | $10.61M | $23.58M | $27.54M | $22.51M | $16.79M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.89B | $2.73B | $2.71B | $2.4B | $2.04B | $1.88B | $1.51B | $1.44B | $859.78M | $746.89M | $602.22M | $443.92M | $356.87M | $299.13M | $257.03M | $267.54M | $258.52M | $231.38M | $221.61M |
| Stockholders' Equity | |||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $75K | $78K | $78K | $77K | $82K | $85K | $44K | $45K | $37K | $31K | $32K | $32K | $32K | $32K | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $280.2M | $257.11M | $230.35M | $202.06M | $179.22M | $146.41M | $110.72M | $90.85M | $68.42M | $55.58M | $46.17M | $38.13M | $35.22M | $31.75M | $26.45M | $24.91M | $23.3M | $31.68M | $35.81M |
| Comprehensive Income & Other | -$15.83M | -$17.14M | -$23.31M | -$25.63M | $252K | $2.53M | $788K | -$1.48M | -$475K | -$536K | $78K | $117K | -$898K | $597K | $316K | -$111K | $11K | $6K | -$1.03M |
| Other Stockholders' Equity | $27.42M | $38.58M | $34.06M | $29.55M | $68.21M | $83.52M | $89.48M | $89.14M | $53.54M | $25.42M | $29.13M | $27.68M | $27.07M | $28.12M | $316K | -$111K | $11K | $6K | -$1.03M |
| Total Equity | $307.69M | $295.77M | $264.49M | $231.7M | $247.51M | $230.01M | $200.24M | $180.04M | $122M | $81.03M | $75.34M | $65.84M | $62.31M | $59.9M | $26.77M | $24.8M | $23.32M | $31.69M | $34.78M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.2B | $3.03B | $2.97B | $2.63B | $2.29B | $2.11B | $1.71B | $1.62B | $981.78M | $827.93M | $677.56M | $509.75M | $419.19M | $359.03M | $283.79M | $292.33M | $281.84M | $263.07M | $256.39M |
| Supplementary Data | |||||||||||||||||||
| Total Debt | $141.08M | $354.96M | $60.27M | $242.46M | $96.71M | $117.7M | $99.96M | $147.01M | $17.37M | $22.5M | $108.57M | $17.03M | $16.66M | $6.84M | $8.9M | $21.9M | $25.9M | $19.8M | $13.4M |
| Net Debt | $127.58M | $321.59M | -$29.59M | $196.31M | $59.68M | $13.85M | $33.28M | $92.16M | -$19.65M | -$29.21M | $71.7M | -$3.06M | -$24.42M | -$2.57M | -$10.35M | -$13.35M | -$2.63M | $13.9M | $6.24M |
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 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2007-12-31 | 2006-12-31 |
| Operating Activities | |||||||||||||||||||
| Net Income | $33.35M | $35.02M | $36.05M | $29.65M | $37.41M | $39.26M | $22.72M | $24.35M | $14.09M | $10.5M | $8.88M | $4.54M | $3.92M | $5.29M | $1.54M | $1.6M | -$4.57M | -$4.13M | $1.25M |
| Depreciation & Amortization | $11.94M | $10.57M | $12.65M | $14M | $15.18M | $13.62M | $12M | $5.26M | $3.94M | $5.21M | $2.43M | $2.73M | $2.22M | $972K | $847K | $907K | $1M | $797K | $652K |
| Deferred Income Tax | -$294K | -$4.3M | -$693K | -$844K | $1.75M | -$2.39M | $988K | $768K | -$718K | $206K | $501K | $1.1M | $1.92M | -$2.23M | $536K | $552K | $0 | -$1.29M | $546K |
| Stock-Based Compensation | $2.25M | $1.81M | $2.01M | $1.97M | $3.22M | $2.33M | $2.38M | $1.98M | $2.06M | $1.61M | $1.4M | $929K | $442K | $285K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||
| Accounts Receivable | -$733K | $124K | -$2.33M | -$3.55M | -$564K | -$1.12M | -$147K | -$2.16M | -$1.04M | -$417K | -$549K | -$297K | -$38K | -$203K | -$106K | $38K | $35K | $32K | -$386K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $1.08M | $2.75M | -$1.4M | $4.74M | -$5.16M | $11.22M | -$7.03M | $810K | $2.45M | -$4.25M | $980K | $2.35M | $83K | $1.59M | -$372K | $244K | -$1.36M | $2.78M | $1.27M |
| Total Working Capital Change | $350K | $2.87M | -$3.73M | $1.19M | -$5.72M | $10.1M | -$7.18M | -$1.35M | $1.41M | -$4.67M | $431K | $2.05M | $45K | $1.38M | -$478K | $282K | -$1.33M | $2.81M | $880K |
| Other Non-Cash Items | $24.72M | $4.85M | $31.38M | $138.93M | $57.17M | -$95.24M | -$21.73M | -$9.57M | -$5.69M | -$9.27M | -$20.7M | -$15.38M | -$2.45M | -$6.46M | $2.82M | $2.03M | $6.06M | $2.15M | -$863K |
| Net Cash from Operating | $72.31M | $50.82M | $77.67M | $184.9M | $109.01M | -$32.32M | $9.18M | $21.44M | $15.08M | $3.59M | -$7.06M | -$4.03M | $6.1M | -$759K | $4.72M | $5.38M | $1.16M | $336K | $2.46M |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | -$20.37M | -$1.64M | -$1.67M | -$1.55M | -$1.98M | -$1.38M | -$2.46M | -$3.8M | -$1.02M | -$3.6M | -$1.51M | -$873K | -$2.07M | -$3.64M | -$1.4M | -$1.6M | -$200K | -$3.1M | -$2.54M |
| Acquisitions | $0 | $0 | $336.16M | $0 | $0 | $0 | $0 | $23.75M | $0 | $180.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$99.62M | -$110.34M | -$76.03M | -$23.97M | -$130.14M | -$106.89M | -$61.28M | -$31.31M | -$47.27M | -$55.81M | -$17.4M | -$22.69M | -$29.31M | -$32M | -$21.55M | -$7.32M | $0 | $0 | $0 |
| Sales of Investments | $73.28M | $119.62M | $17.3M | $21.2M | $29.86M | $50.18M | $34.85M | $34.55M | $46.68M | $27.67M | $10.55M | $31.27M | $14.01M | $16.37M | $2.74M | $158K | $2.32M | $11.28M | $1.51M |
| Other Investing Activities | -$159.72M | -$111.84M | -$198.08M | -$499.73M | -$208.57M | -$212.6M | -$26.3M | -$210.16M | -$167.81M | -$95.36M | -$131.41M | -$107.59M | -$14.36M | -$61.51M | $10.03M | $1.13M | -$21.43M | -$19.93M | -$1.71M |
| Net Cash from Investing | -$206.43M | -$104.2M | $77.67M | -$504.04M | -$310.83M | -$270.69M | -$55.2M | -$186.96M | -$169.41M | $53.26M | -$139.77M | -$99.89M | -$31.73M | -$80.78M | -$10.19M | -$7.63M | -$19.31M | -$11.75M | -$2.73M |
| Financing Activities | |||||||||||||||||||
| Debt Repaid | $178.5M | -$214.06M | $92.78M | -$144M | $83.95M | -$80.94M | $52.54M | -$92.87M | $5.14M | $86.1M | -$91.73M | -$370K | -$9.82M | $2.06M | $13M | $4M | -$16.5M | -$6.4M | -$3M |
| Common Stock Issuance | $1.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.62M | $0 | $0 | $0 | $0 | $31.24M | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$15.42M | -$2.89M | -$578K | -$15.82M | -$14.17M | -$9.8M | -$4.8M | -$251K | -$275K | -$4.9M | -$101K | -$2.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$10.26M | -$8.27M | -$7.76M | -$7.1M | -$4.6M | -$3.57M | -$2.86M | -$1.92M | -$1.33M | -$1.09M | -$826K | -$704K | -$451K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $333.73M | -$183.58M | -$29.96M | $213.01M | $239.46M | $281.24M | $119.22M | $88.68M | $117.92M | $47.24M | $64.74M | $83.57M | $47.93M | $39.9M | $2.46M | $12.97M | $15.73M | $4.05M | -$4M |
| Net Cash from Financing | $130.7M | $19.32M | -$131.08M | $334.09M | $136.74M | $348.81M | $59.02M | $179.39M | $136.79M | -$44.85M | $155.74M | $81.01M | $57.3M | $69.08M | -$10.54M | $8.97M | $32.23M | $10.45M | -$996K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$3.42M | -$34.06M | $24.25M | $14.95M | -$65.08M | $45.8M | $13M | $13.86M | -$17.54M | $12M | $8.9M | -$22.9M | $31.67M | -$12.47M | -$16M | $6.72M | $14.08M | -$968K | -$1.26M |
| Supplementary Data | |||||||||||||||||||
| Operating Cash Flow | $72.31M | $50.82M | $77.67M | $184.9M | $109.01M | -$32.32M | $9.18M | $21.44M | $15.08M | $3.59M | -$7.06M | -$4.03M | $6.1M | -$759K | $4.72M | $5.38M | $1.16M | $336K | $2.46M |
| Capital Expenditure | -$20.37M | -$1.64M | -$1.67M | -$1.55M | -$1.98M | -$1.38M | -$2.46M | -$3.8M | -$1.02M | -$3.6M | -$1.51M | -$873K | -$2.07M | -$3.64M | -$1.4M | -$1.6M | -$200K | -$3.1M | -$2.54M |
| Free Cash Flow | $51.94M | $49.19M | $76M | $183.35M | $107.03M | -$33.7M | $6.71M | $17.64M | $14.07M | -$7K | -$8.57M | -$4.9M | $4.03M | -$4.4M | $3.33M | $3.78M | $958K | -$2.77M | -$75K |
| Cash at Beginning | $31.64M | $65.69M | $41.44M | $26.49M | $91.58M | $45.78M | $32.78M | $18.91M | $36.46M | $24.45M | $15.55M | $38.46M | $6.79M | $19.25M | $35.25M | $28.53M | $14.46M | $6.43M | $7.69M |
| Cash at End | $28.22M | $31.64M | $65.69M | $41.44M | $26.49M | $91.58M | $45.78M | $32.78M | $18.91M | $36.46M | $24.45M | $15.55M | $38.46M | $6.79M | $19.25M | $35.25M | $28.53M | $5.46M | $6.43M |