SAFETY INSURANCE GROUP INC (SAFT)
Safety Insurance Group, Inc. (SAFT) is a U.S.-based insurance provider offering a diverse range of personal and commercial coverage. The company's private passenger automobile policies furnish protection against third-party bodily injury and property damage liability, no-fault personal injury benefits for policyholders and their passengers, and physical damage insurance for the insured's own vehicle, covering impacts and other specific risks. Furthermore, it underwrites commercial automobile policies, designed for business-use vehicles ranging from passenger cars to trucks, tractors, and trailers, covering both individual units and entire fleets. For property owners, Safety Insurance offers homeowner policies that safeguard houses, condominiums, and apartments against damage to the structure and its contents from various perils, alongside liability coverage stemming from property ownership or occupation. The firm also extends its offerings to business owners policies, catering to diverse commercial operations such as apartment complexes, residential condominium associations, dining establishments, office condominiums, processing and service businesses, specialized trade contractors, and wholesalers. Beyond standard coverage, the company provides personal umbrella policies, which offer additional liability protection extending beyond the limits of individual automobile, watercraft, and homeowner insurance. It also underwrites commercial umbrella policies and dwelling fire insurance specifically for properties not occupied by their owners. Complementing these, Safety Insurance includes inland marine coverage as an option within its homeowner and business owner policies, and furnishes insurance for small to medium-sized recreational watercraft. The distribution of all its insurance products is managed through a network of independent agents. Established in 1979 and headquartered in Boston, Massachusetts, the company was formerly known as Safety Holdings Inc. before officially changing its name to Safety Insurance Group, Inc. in April 2002.
Sector: Fire, Marine & Casualty Insurance
Industry: Insurance - Property & Casualty
Safety Insurance Group, Inc.
NASDAQ:SAFTFinancial Services · Insurance - Property & Casualty
-0.09%$104.27
Prev close$104.36-0.09%Close$104.270.00%AH close$104.27
AH$104.27+0.00%vs close
Mkt Cap$1.53B
Float14.36M
O/S14.68M
Inst Own85.2%
SI2.5%
Div Yield3.53%
Dilution
Financials Summary
Revenue$1.25B
Net Income$99.25M
Total Assets$2.47B
Free Cash Flow$191.99M
Debt & Equity
Debt 6%
Equity 94%
Total Debt$61.86M
Total Equity$892.31M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SAFT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.47B
Liabilities$1.58B
Accounts Receivable$495.5M
Accounts Payable$95.64M
Inventory$0
PP&E (Net)$18.94M
Goodwill$17.09M
Intangible Assets$118.57M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $1.25B | $1.11B | $925.95M | $785.06M | $864.72M | $840.4M | $875.82M | $834.91M | $843.66M | $827.35M | $803.58M | $795.96M | $760.95M | $725.34M | $682.11M | $612.72M | $591.95M | $641M | $670.08M | $680.71M | $671.46M | $636.44M | $591.79M | $529.29M | $103.8M | $417.57M | $341.15M | $287.29M |
| YoY Growth | 13.0% | 19.8% | 17.9% | -9.2% | 2.9% | -4.0% | 4.9% | -1.0% | 2.0% | 3.0% | 1.0% | 4.6% | 4.9% | 6.3% | 11.3% | 3.5% | -7.7% | -4.3% | -1.6% | 1.4% | 5.5% | 7.5% | 11.8% | 409.9% | -75.1% | 22.4% | 18.7% | - |
| Cost of Revenue | $797.18M | $716.64M | $642.3M | $491.98M | $461.73M | $404.56M | $509.85M | $485.51M | $503.89M | $493.43M | $612.57M | $476.37M | $447.75M | $422.22M | $466.64M | $360.85M | $346.3M | $369.82M | $545.15M | $516.13M | $532.26M | $570.14M | $551.61M | $504.04M | $75.56M | $275.14M | $225.24M | $188.91M |
| Gross Profit | $456.89M | $393.1M | $283.64M | $293.08M | $402.99M | $435.85M | $365.97M | $349.39M | $339.78M | $333.91M | $191.01M | $319.59M | $313.2M | $303.12M | $215.47M | $251.87M | $245.65M | $271.18M | $124.93M | $164.59M | $139.19M | $66.3M | $40.19M | $25.25M | $28.24M | $142.43M | $115.91M | $98.38M |
| Gross Margin | 36.4% | 35.4% | 30.6% | 37.3% | 46.6% | 51.9% | 41.8% | 41.8% | 40.3% | 40.4% | 23.8% | 40.2% | 41.2% | 41.8% | 31.6% | 41.1% | 41.5% | 42.3% | 18.6% | 24.2% | 20.7% | 10.4% | 6.8% | 4.8% | 27.2% | 34.1% | 34.0% | 34.2% |
| Research and Development | $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 |
| Selling, General, and Administrative | $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 |
| Other | $330.21M | $303.23M | $259.22M | $233.5M | $238.72M | $261.07M | $242.29M | $239.82M | $246.44M | $229.92M | $211.64M | $218.24M | $209.85M | $200.23M | $179.25M | $172.91M | $171.26M | $173.07M | $83K | $86K | $948K | $672K | $646K | $13.5M | $35.51M | $114.9M | $90.94M | $76.19M |
| Total Operating Expenses | $330.21M | $303.23M | $259.22M | $233.5M | $238.72M | $261.07M | $242.29M | $239.82M | $246.44M | $229.92M | $211.64M | $218.24M | $209.85M | $200.23M | $179.25M | $172.91M | $171.26M | $173.07M | $83K | $86K | $948K | $672K | $646K | $13.5M | $35.51M | $114.9M | $90.94M | $76.19M |
| Operating Income (EBIT) | $126.68M | $89.87M | $24.42M | $59.58M | $164.27M | $174.77M | $123.68M | $109.58M | $93.33M | $103.99M | -$20.63M | $101.36M | $103.36M | $102.9M | $36.22M | $78.96M | $74.39M | $98.11M | $124.85M | $164.5M | $138.25M | $65.63M | $39.54M | $11.74M | -$7.27M | $27.53M | $24.96M | $22.19M |
| Operating Margin | 10.1% | 8.1% | 2.6% | 7.6% | 19.0% | 20.8% | 14.1% | 13.1% | 11.1% | 12.6% | -2.6% | 12.7% | 13.6% | 14.2% | 5.3% | 12.9% | 12.6% | 15.3% | 18.6% | 24.2% | 20.6% | 10.3% | 6.7% | 2.2% | -7.0% | 6.6% | 7.3% | 7.7% |
| Interest Expense | $1.53M | $509K | $818K | $524K | $522K | $440K | $90K | $90K | $90K | $90K | $90K | $90K | $89K | $88K | $88K | $88K | $135K | $81K | $83K | $86K | $948K | $672K | $646K | $7.25M | $1.82M | $1.07M | $1.42M | $1.72M |
| Interest Income | $88.3M | $78.22M | $73.52M | $62.15M | $57.84M | $0 | $0 | $63.08M | $58.5M | $17.7M | $60.37M | $62.78M | $64M | $61.4M | $59.09M | $61.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.33M | -$6.63M | -$10.71M | -$8.02M | -$18.04M | -$15.67M | -$21.47M | -$21.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $126.68M | $89.87M | $24.42M | $59.58M | $164.27M | $174.77M | $123.68M | $104.25M | $86.7M | $93.28M | -$28.64M | $83.32M | $87.69M | $81.42M | $14.27M | $78.96M | $74.39M | $98.11M | $124.85M | $164.5M | $138.25M | $65.63M | $39.54M | $11.74M | -$7.27M | $27.53M | $24.96M | $22.19M |
| Income Tax Expense | $27.43M | $19.13M | $5.54M | $13.02M | $33.56M | $36.56M | $24.08M | $21.06M | $24.31M | $28.7M | -$14.79M | $23.96M | $26.34M | $23.35M | $571K | $22.62M | $20.24M | $27.85M | $37.43M | $52.56M | $43.06M | $20.64M | $11.06M | $1.28M | $0 | $8.26M | $0 | $0 |
| Net Income | $99.25M | $70.73M | $18.88M | $46.56M | $130.71M | $138.21M | $99.6M | $83.19M | $62.39M | $64.58M | -$13.85M | $59.35M | $61.35M | $58.07M | $13.7M | $56.34M | $54.15M | $70.26M | $87.41M | $111.94M | $95.18M | $44.99M | $28.48M | $9.24M | $111.64M | $19.27M | $16.3M | $14.41M |
| Net Income Margin | 7.9% | 6.4% | 2.0% | 5.9% | 15.1% | 16.4% | 11.4% | 10.0% | 7.4% | 7.8% | -1.7% | 7.5% | 8.1% | 8.0% | 2.0% | 9.2% | 9.1% | 11.0% | 13.0% | 16.4% | 14.2% | 7.1% | 4.8% | 1.7% | 107.6% | 4.6% | 4.8% | 5.0% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 6.72 | 4.79 | 1.28 | 3.17 | 8.85 | 9.25 | 6.52 | 5.52 | 4.13 | 4.29 | -0.93 | 3.93 | 4.00 | 3.80 | 0.90 | 3.74 | 3.49 | 4.38 | 5.46 | 7.07 | 6.11 | 2.94 | 1.87 | 1.44 | 122.57 | 22.50 | 19.95 | 18.47 |
| Diluted EPS | 6.70 | 4.78 | 1.28 | 3.15 | 8.80 | 9.18 | 6.46 | 5.46 | 4.10 | 4.27 | -0.93 | 3.91 | 3.98 | 3.80 | 0.90 | 3.74 | 3.48 | 4.36 | 5.43 | 6.99 | 5.97 | 2.90 | 1.86 | 1.38 | 122.57 | 22.50 | 19.95 | 18.47 |
| Weighted Average OS | 14.71M | 14.69M | 14.66M | 14.61M | 14.83M | 15.00M | 15.20M | 15.08M | 15.01M | 14.95M | 14.87M | 15.11M | 15.35M | 15.29M | 15.17M | 15.07M | 15.53M | 16.05M | 16.02M | 15.84M | 15.58M | 15.32M | 15.26M | 6.43M | 910,800 | 856,800 | 816,800 | 780,300 |
| EBITDA | $134.99M | $99.84M | $32.19M | $66.72M | $171.69M | $182.74M | $129.26M | $109.81M | $91.83M | $97.75M | -$24.65M | $96.53M | $100.1M | $95.83M | $27.91M | $91.58M | $86.58M | $109.44M | $134.97M | $173.08M | $147.51M | $74.34M | $47.67M | $23.75M | -$5.45M | $30.49M | $26.38M | $23.91M |
| EBITDA Margin | 10.8% | 9.0% | 3.5% | 8.5% | 19.9% | 21.7% | 14.8% | 13.2% | 10.9% | 11.8% | -3.1% | 12.1% | 13.2% | 13.2% | 4.1% | 14.9% | 14.6% | 17.1% | 20.1% | 25.4% | 22.0% | 11.7% | 8.1% | 4.5% | -5.2% | 7.3% | 7.7% | 8.3% |
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 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $73.9M | $58.97M | $38.15M | $25.3M | $63.6M | $53.77M | $44.41M | $37.58M | $41.71M | $20.05M | $47.49M | $42.45M | $55.88M | $35.38M | $37.89M | $40.29M | $74.47M | $60.45M | $46.31M | $26.28M | $163.03M | $155.67M | $26.28M | $34.78M | $0 | $0 | $0 | $0 |
| Short-Term Investments | $700.02M | $553.39M | $1.05B | $1.05B | $1.22B | $1.26B | $1.23B | $1.16B | $1.17B | $1.15B | $1.08B | $1.14B | $1.1B | $1.17B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $773.93M | $612.36M | $1.09B | $1.08B | $1.28B | $1.31B | $1.27B | $1.2B | $1.21B | $1.17B | $1.13B | $1.18B | $1.16B | $1.2B | $37.89M | $40.29M | $74.47M | $60.45M | $46.31M | $26.28M | $163.03M | $155.67M | $26.28M | $34.78M | $0 | $0 | $0 | $0 |
| Accounts Receivable | $495.5M | $464.21M | $390.45M | $308.01M | $298.02M | $300.48M | $329.85M | $190.06M | $190.65M | $0 | $178.57M | $175.53M | $169.3M | $165.75M | $154.14M | $145.73M | $137.24M | $138.79M | $156.34M | $158.19M | $154.42M | $253.6M | $256.67M | $231.1M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $82.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$1.12B | $0 | $0 | $0 | -$1.63B | -$1.64B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.31B | $0 | $1.51B | $1.41B | $1.6B | $0 | $0 | $227.64M | $232.36M | $187.7M | $226.06M | $217.99M | $225.18M | $201.13M | $192.03M | $186.02M | $211.71M | $199.24M | $202.65M | $184.47M | $317.45M | $160.43M | $160.43M | $34.78M | $0 | $0 | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $18.94M | $20.27M | $31.48M | $41.46M | $50.56M | $53.11M | $54.01M | $15.58M | $9.87M | $8.95M | $8.42M | $8.29M | $10.66M | $9.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$11K | $642K | $0 | $0 | $0 | $0 |
| Goodwill | $17.09M | $17.09M | $17.09M | $17.09M | $0 | $0 | $0 | -$82.1M | -$75.12M | -$74.08M | -$73.37M | -$68.94M | -$67.37M | -$68.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $118.57M | $7.73M | $99.47M | $83.44M | $73.02M | $0 | $0 | $73.36M | $72.2M | $71M | $68.94M | $67.33M | $63.39M | $60.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $325K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $991.69M | $1.36B | $407.21M | $386.65M | $386.45M | $1.49B | $1.44B | $1.31B | $1.28B | $1.26B | $1.19B | $1.24B | $1.2B | $1.19B | $1.1B | $1.08B | $1.03B | $928.21M | $1.01B | $940.61M | $714.54M | $664.6M | $673.64M | $603.89M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $4.12M | $0 | $12.15M | $21.07M | $0 | $0 | $0 | $8.75M | $2.92M | $3.08M | $4.43M | $1.61M | $3.98M | $8.2M | $3.01M | $3.64M | $8.34M | $18.99M | $13.39M | $16.87M | $18.12M | $12.68M | -$1.93M | $6.25M | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $11.59M | -$1.41B | $13.51M | $10.93M | $3.67M | -$1.55B | -$1.49B | -$1.03B | -$1.03B | -$998.32M | -$931.89M | -$1.05B | -$1.01B | -$1.01B | -$932.28M | -$1.08B | -$1.03B | -$928.21M | -$1.01B | -$940.61M | -$714.54M | -$664.6M | -$673.64M | -$610.13M | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $1.16B | $0 | $580.91M | $560.65M | $513.7M | $0 | $0 | $295.24M | $267.87M | $269.99M | $268.37M | $201.47M | $197.7M | $184.86M | $171.78M | $3.64M | $8.34M | $18.99M | $13.39M | $16.87M | $18.12M | $12.68M | -$1.94M | $967K | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $2.27B | $0 | $0 | $0 | $2.05B | $2.02B | $1.33B | $1.31B | $1.3B | $1.21B | $1.26B | $1.2B | $1.19B | $1.11B | $1.25B | $1.21B | $1.22B | $1.23B | $1.15B | $922.11M | $1.03B | $917.81M | $942.85M | $859.17M | $833.34M | $770.01M | $734.65M |
| Total Assets | $2.47B | $2.27B | $2.09B | $1.97B | $2.12B | $2.05B | $2.02B | $1.86B | $1.81B | $1.76B | $1.7B | $1.68B | $1.63B | $1.57B | $1.47B | $1.44B | $1.43B | $1.44B | $1.45B | $1.36B | $1.26B | $1.21B | $1.08B | $978.6M | $836.49M | $833.34M | $770.01M | $734.65M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $95.64M | $96.35M | $80.18M | $85.32M | $85.79M | $87.72M | $87.93M | $84.12M | $74.5M | $80.31M | $65.27M | $73.52M | $73.6M | $72.51M | $57.37M | $5.57M | $64.54M | $8.29M | $60.69M | $48.67M | $44.37M | $40.17M | $82.83M | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $50M | $30M | $30M | $35M | $30M | $30M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17.92M | $16.28M | $19.82M | $16.83M | $20.05M | $19.39M | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $1.01M | $0 | $1.73M | $0 | $0 | $0 | $6.09M | $0 | $1.11M | $0 | $265K | $0 | $0 | $0 | $0 | $3.92M | $0 | $120K | $0 | $0 | $3.51M | $800K | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $654.8M | $0 | $528.15M | $433.38M | $413.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $761.74M | -$134.31M | $603.08M | $549.6M | $585.89M | -$124.87M | -$94.3M | -$95.36M | -$78.69M | -$86.98M | -$73.88M | -$78.37M | -$86.93M | -$75.14M | -$57.37M | -$59.81M | -$68.46M | -$59.4M | -$78.73M | -$64.94M | -$64.2M | -$60.52M | -$102.88M | -$108.09M | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $1.57B | $0 | $1.24B | $1.11B | $1.13B | $0 | $0 | $80.64M | $63.62M | $69.89M | $58.15M | $67.48M | $70.49M | $73.66M | $55.12M | $57.88M | $68.2M | $70.1M | $63.41M | $65.53M | $62.49M | $881.1M | $788.3M | $713.3M | $0 | $0 | $0 | $0 |
| 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 | $19.96M | $19.96M | $19.96M | $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 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $15.24M | $17.61M | $5.72M | $20.36M | $2.92M | $40.18M | $38.73M | $1.61M | $0 | $8.2M | $3.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | -$15.73M | $26.71M | $30.85M | $16.22M | -$48.61M | -$39.72M | $0 | $1.1B | $0 | $0 | $965.56M | $0 | -$8.2M | -$3.01M | $0 | $0 | $0 | $0 | -$39K | -$266K | -$20.44M | -$20.62M | -$19.96M | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $11.86M | $0 | $46.47M | $54.19M | $58.57M | $0 | $0 | $6.09M | $2.92M | $1.11M | $4.43M | $1.61M | $3.98M | $8.2M | $3.01M | $0 | $803.49M | $0 | $876.87M | $39K | $266K | $20M | $20M | $20M | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $1.44B | $0 | $0 | $0 | $1.17B | $1.21B | $1.05B | $1.04B | $1.02B | $996.79M | $898.35M | $855.79M | $798.13M | $758.12M | $728.09M | -$64.29M | $764.35M | -$63.29M | $793.83M | $806.97M | $11K | -$24K | $44K | $727.51M | $620.39M | $594.9M | $563.5M |
| Total Liabilities | $1.58B | $1.44B | $1.29B | $1.16B | $1.19B | $1.17B | $1.21B | $1.14B | $1.11B | $1.09B | $1.06B | $967.44M | $930.27M | $879.99M | $816.25M | $785.98M | $807.4M | $834.45M | $876.99M | $859.4M | $869.73M | $901.11M | $808.28M | $733.34M | $727.51M | $620.39M | $594.9M | $563.5M |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $157K | $0 | $285K | $0 | $0 | $379K | $28K | $134K | $0 | $0 | $0 | $0 | $0 | $22.4M | $9.81M | $0 | $0 | $0 | $0 |
| Common Stock | $181K | $180K | $179K | $179K | $178K | $178K | $177K | $176K | $175K | $174K | $174K | $173K | $172K | $170K | $169K | $168K | $166K | $165K | $162K | $161K | $158K | $155K | $153K | $153K | $0 | $0 | $0 | $0 |
| Retained Earnings | $844.06M | $798.76M | $781.19M | $815.31M | $821.74M | $745.03M | $661.55M | $616.72M | $570.69M | $554M | $531.8M | $587.65M | $567.79M | $543.36M | $518.92M | $535.54M | $506.3M | $476.99M | $432.75M | $366.38M | $268.17M | $182.4M | $144.18M | $120.88M | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | -$17.13M | -$51.05M | -$53.19M | -$80.54M | $24.58M | $53.53M | $28.19M | -$10.71M | $24.27M | $15.84M | $16.46M | $28.71M | $17.2M | $43.36M | $35.62M | $21.97M | $18.87M | -$6.53M | $4.45M | $21K | -$833K | $8.71M | $12.65M | $14.32M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $48.07M | $29.52M | $22.9M | -$3.49M | $105.25M | $139.47M | $146.68M | $101.75M | $130.15M | $116.56M | $112.53M | $120.46M | $127.22M | $150.83M | $137.22M | $117.76M | $113.97M | $126.22M | $137.09M | $129.81M | $119.62M | $122.78M | $123.69M | $124.22M | $108.98M | $212.95M | $175.1M | $171.15M |
| Total Equity | $892.31M | $828.46M | $804.27M | $812M | $927.17M | $884.68M | $808.41M | $718.64M | $701.02M | $670.73M | $644.5M | $708.28M | $695.19M | $694.36M | $656.31M | $653.48M | $620.43M | $603.37M | $570M | $496.35M | $387.95M | $305.33M | $268.02M | $245.25M | $108.98M | $212.95M | $175.1M | $171.15M |
| 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 |
| Total Liabilities and Equity | $2.47B | $2.27B | $2.09B | $1.97B | $2.12B | $2.05B | $2.02B | $1.86B | $1.81B | $1.76B | $1.7B | $1.68B | $1.63B | $1.57B | $1.47B | $1.44B | $1.43B | $1.44B | $1.45B | $1.36B | $1.26B | $1.21B | $1.08B | $978.6M | $836.49M | $833.34M | $770.01M | $734.65M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $61.86M | $45.73M | $49.76M | $58.34M | $57.12M | $61M | $34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17.92M | $16.32M | $20.09M | $37.27M | $40.66M | $39.35M | $0 | $0 | $0 | $0 |
| Net Debt | -$12.04M | -$13.24M | $11.6M | $33.04M | -$6.49M | $7.23M | -$10.41M | -$37.58M | -$41.71M | -$20.05M | -$47.49M | -$42.45M | -$55.88M | -$35.38M | -$37.89M | -$40.29M | -$74.47M | -$60.45M | -$28.39M | -$9.96M | -$142.94M | -$118.4M | $14.38M | $4.57M | $0 | $0 | $0 | $0 |
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 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 2000-12-31 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | $99.25M | $70.73M | $18.88M | $46.56M | $130.71M | $138.21M | $99.6M | $83.19M | $62.39M | $64.58M | -$13.85M | $59.35M | $61.35M | $58.07M | $13.7M | $56.34M | $54.15M | $70.26M | $87.41M | $111.94M | $95.18M | $44.99M | $28.48M | $10.46M | $19.27M |
| Depreciation & Amortization | $6.78M | $9.46M | $6.95M | $6.61M | $6.9M | $7.53M | $5.49M | $5.47M | $5.04M | $4.38M | $3.91M | $13.12M | $12.33M | $14.32M | $13.55M | $12.53M | $12.05M | $11.25M | $10.04M | $8.49M | $8.31M | $8.04M | $7.48M | $4.76M | $1.89M |
| Deferred Income Tax | -$1.93M | $380K | $1.66M | -$8.37M | $5.32M | $5.16M | $4.76M | -$5.6M | $2.08M | $1.68M | $552K | -$602K | $1.9M | $1.02M | -$693K | $3.02M | -$3.02M | $315K | $1.09M | $792K | -$303K | -$1.86M | -$1.51M | -$82K | -$2.22M |
| Stock-Based Compensation | $4.83M | $4.48M | $4.33M | $5.98M | $6.29M | $7.46M | $6.03M | $6.58M | $5.17M | $4.3M | $3.73M | $4.59M | $4.54M | $4.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | -$13.72M | -$81.2M | -$83.52M | -$19.07M | $19.04M | $28.17M | -$14.91M | -$13.64M | $2.41M | -$13.12M | -$44.76M | -$8.81M | -$9.69M | -$15.1M | -$8.42M | -$8.49M | $1.55M | $17.55M | $1.83M | -$7.37M | $14.14M | -$3.41M | -$29.74M | -$16.2M | $0 |
| Inventory | $0 | $0 | $124.31M | $0 | $17.33M | $0 | $0 | -$122.35M | -$156.85M | -$94.28M | -$89.91M | -$114.92M | -$109.12M | -$94.61M | -$110.53M | -$133.93M | -$153.09M | -$156.12M | -$144.13M | $2.96M | $1.49M | -$7.64M | $28.69M | $13.71M | $0 |
| Accounts Payable | $3.1M | $16.33M | -$4.84M | -$428K | -$1.92M | -$365K | $4.09M | $9.1M | -$6.03M | $16.02M | -$8.53M | -$18K | $1.09M | $15.14M | -$233K | -$5.63M | $8.76M | $1.09M | $17.69M | -$10.33M | $1.95M | $82.44M | $93.75M | $85.38M | $0 |
| Other Working Capital | $114.53M | $127.05M | -$2.4M | -$15.44M | -$1.23M | -$70.96M | $26.93M | $147M | $168.74M | $117.81M | $167.91M | $150.51M | $154.69M | $127.47M | $136.91M | $128.13M | $143.5M | $129.15M | $139.24M | -$4.88M | -$4.05M | $4.89M | -$31.87M | -$19.11M | $20.04M |
| Total Working Capital Change | $103.9M | $62.17M | $33.55M | -$34.94M | $33.21M | -$43.15M | $16.11M | $20.1M | $8.27M | $26.43M | $24.72M | $26.77M | $36.97M | $32.91M | $17.74M | -$19.92M | $725K | -$8.33M | $14.64M | -$19.62M | $13.53M | $76.29M | $60.82M | $63.78M | $20.04M |
| Other Non-Cash Items | -$18.34M | -$18.55M | -$13.24M | $28.49M | -$41.04M | -$5.74M | -$19.52M | $17.95M | -$900K | -$2.56M | $3.84M | -$1.07M | -$1.68M | $1.02M | -$4.36M | -$872K | $167K | -$678K | $3.63M | -$23K | $305K | -$4K | -$10.09M | $6.19M | $8.79M |
| Net Cash from Operating | $194.5M | $128.69M | $52.11M | $44.33M | $141.39M | $109.46M | $112.46M | $127.69M | $82.04M | $98.82M | $22.89M | $97.57M | $110.86M | $104.35M | $39.94M | $51.11M | $64.07M | $72.81M | $116.83M | $101.23M | $116.42M | $126.18M | $85.19M | $85.38M | $47.78M |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$2.51M | -$4.37M | -$1.78M | -$2.09M | -$8.22M | -$9.95M | -$9.59M | -$11.18M | -$5.96M | -$4.91M | -$4.04M | -$1.76M | -$4.92M | -$4.21M | -$4.38M | -$2.39M | -$335K | -$113.94M | -$8.03M | -$1M | -$766K | -$432K | -$998K | -$716K | -$2.21M |
| Acquisitions | $0 | -$2.06M | -$2.11M | -$17.59M | -$1.53M | -$23.75M | $14.78M | $4.99M | -$18.47M | $49.28M | -$54.54M | $19.1M | $0 | -$5.11M | -$25.74M | $0 | -$18.47M | $21.07M | $67.11M | $0 | $80.71M | $0 | $0 | $63.22M | $0 |
| Purchases of Investments | -$122.07M | -$356.74M | -$161.59M | -$287.49M | -$447.67M | -$278.9M | -$263.25M | -$378.13M | -$240.16M | -$330.52M | -$258.81M | -$266.81M | -$275.31M | -$343M | -$358.14M | -$360.88M | -$206.11M | -$88.97M | -$288.7M | -$357.76M | -$156.94M | -$102.56M | -$281.78M | -$405.07M | -$269.14M |
| Sales of Investments | $20M | $308.63M | $189.75M | $287.18M | $389.91M | $253.33M | $219.88M | $306.31M | $231.19M | $251.18M | $286.7M | $220.05M | $228.93M | $272.76M | $349.64M | $308.84M | $222.95M | $174.02M | $221.92M | $128.35M | $74.93M | $110.81M | $193.54M | $342.13M | $238.33M |
| Other Investing Activities | -$21.12M | $0 | $0 | $0 | $1.53M | $23.75M | -$14.78M | -$4.99M | $18.47M | -$49.28M | $54.54M | -$19.1M | $3K | $5.11M | $25.74M | $9K | $18.47M | -$21.07M | -$67.11M | $23K | -$80.71M | $4K | $35K | -$63.22M | $77K |
| Net Cash from Investing | -$125.71M | -$54.54M | $24.27M | -$19.99M | -$65.99M | -$35.52M | -$52.96M | -$83M | -$14.92M | -$84.25M | $23.84M | -$48.52M | -$51.3M | -$74.44M | -$12.88M | -$54.42M | $16.5M | -$28.88M | -$74.81M | -$230.4M | -$82.77M | $7.82M | -$89.2M | -$63.66M | -$32.95M |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | -$50M | - | $5M | -$5M | - | -$30M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.96M | - | - | $79.54M | $4.62M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $257K | $278K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $647K | $6.16M | $3.07M | $2.13M | $0 | $81.82M | $0 |
| Common Stock Repurchases | -$20M | $0 | -$5.24M | -$14.6M | -$11.56M | -$40M | $0 | $0 | $0 | $0 | $0 | -$23.47M | -$4.8M | $0 | -$43K | -$5.81M | -$42.2M | -$5.93M | -$1.58M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$53.87M | -$53.33M | -$53.29M | -$53.04M | -$54.01M | -$54.58M | -$52.67M | -$48.81M | -$45.46M | -$42.27M | -$41.98M | -$39.3M | -$36.87M | -$33.63M | -$30.32M | -$27.1M | -$24.84M | -$26.02M | -$21.05M | -$13.73M | -$9.41M | -$6.77M | -$5.19M | -$1.5M | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $251K | $279K | $300K | $2.59M | $1.22M | $900K | $57K | $486K | $0 | $0 | $0 | $0 | $34K | $715K | $0 | $279K |
| Net Cash from Financing | -$53.87M | -$53.33M | -$63.53M | -$62.64M | -$65.57M | -$64.57M | -$52.67M | -$48.81M | -$45.46M | -$42.01M | -$41.7M | -$62.47M | -$39.07M | -$32.41M | -$29.46M | -$30.86M | -$66.55M | -$29.8M | -$21.99M | -$7.57M | -$26.29M | -$4.61M | -$4.47M | $776K | -$4.34M |
| Forex Effect | $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 Change in Cash | $14.93M | $20.82M | $12.85M | -$38.3M | $9.83M | $9.36M | $6.83M | -$4.13M | $21.66M | -$27.44M | $5.04M | -$13.42M | $20.49M | -$2.51M | -$2.4M | -$34.18M | $14.02M | $14.14M | $20.03M | -$136.74M | $7.35M | $129.39M | -$8.49M | $22.5M | $10.49M |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | $194.5M | $128.69M | $52.11M | $44.33M | $141.39M | $109.46M | $112.46M | $127.69M | $82.04M | $98.82M | $22.89M | $97.57M | $110.86M | $104.35M | $39.94M | $51.11M | $64.07M | $72.81M | $116.83M | $101.23M | $116.42M | $126.18M | $85.19M | $85.38M | $47.78M |
| Capital Expenditure | -$2.51M | -$4.37M | -$1.78M | -$2.09M | -$8.22M | -$9.95M | -$9.59M | -$11.18M | -$5.96M | -$4.91M | -$4.04M | -$1.76M | -$4.92M | -$4.21M | -$4.38M | -$2.39M | -$335K | -$113.94M | -$8.03M | -$1M | -$766K | -$432K | -$998K | -$716K | -$2.21M |
| Free Cash Flow | $191.99M | $124.32M | $50.33M | $42.23M | $133.17M | $99.51M | $102.86M | $116.51M | $76.08M | $93.91M | $18.85M | $95.81M | $105.94M | $100.14M | $35.57M | $48.71M | $63.73M | -$41.12M | $108.79M | $100.22M | $115.65M | $125.74M | $84.19M | $84.66M | $45.56M |
| Cash at Beginning | $58.97M | $38.15M | $25.3M | $63.6M | $53.77M | $44.41M | $37.58M | $41.71M | $20.05M | $47.49M | $42.45M | $55.88M | $35.38M | $37.89M | $40.29M | $74.47M | $60.45M | $46.31M | $26.28M | $163.03M | $155.67M | $26.28M | $34.78M | $12.28M | $3.19M |
| Cash at End | $73.9M | $58.97M | $38.15M | $25.3M | $63.6M | $53.77M | $44.41M | $37.58M | $41.71M | $20.05M | $47.49M | $42.45M | $55.88M | $35.38M | $37.89M | $40.29M | $74.47M | $60.45M | $46.31M | $26.28M | $163.03M | $155.67M | $26.28M | $34.78M | $13.68M |