CHESAPEAKE UTILITIES CORP (CPK)
Chesapeake Utilities Corporation (CPK) operates as a diversified energy enterprise, delivering a range of energy solutions to its customers. The company's operations are distinctly divided into two primary segments: Regulated Energy and Unregulated Energy. The Regulated Energy division manages essential utility services, which include the distribution of natural gas across central and southern Delaware, Maryland's eastern shore, and various parts of Florida. This segment also handles the regulated transmission of natural gas throughout the Delmarva Peninsula and within Florida, in addition to providing regulated electricity distribution services in specific regions of northeast and northwest Florida. Conversely, the Unregulated Energy segment encompasses a broader array of activities. These include propane distribution across the Mid-Atlantic region, North Carolina, South Carolina, and Florida, along with unregulated natural gas transmission and supply services in central and eastern Ohio. This segment is also involved in generating electricity and steam, as well as offering specialized transportation and pipeline solutions for compressed natural gas (CNG), liquefied natural gas (LNG), and renewable natural gas (RNG), primarily serving utilities and other pipeline operators in the eastern U.S. Furthermore, it delivers additional non-regulated energy solutions, such as sales of energy-related merchandise, heating, ventilation, and air conditioning (HVAC) services, and plumbing and electrical repair services. Established in 1859, Chesapeake Utilities Corporation maintains its corporate headquarters in Dover, Delaware.
Sector: Natural Gas Transmisison & Distribution
Industry: Regulated Gas
Chesapeake Utilities Corporation
NYSE:CPKUtilities · Regulated Gas
+0.48%$134.93
AH Close$134.93+0.00%vs close
AH Close$134.93+0.00%vs close
Mkt Cap$3.41B
Float23.74M
O/S25.25M
Inst Own88.1%
Div Yield2.10%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$930M
Net Income$140.3M
Total Assets$4.04B
Free Cash Flow-$214.9M
Debt & Equity
Debt 51%
Equity 49%
Total Debt$1.64B
Total Equity$1.6B
Shares Outstanding
Short Interest
Split History1 split
- 1.5:1Forward splitSep 9, 20141 share → 1.5
Balance Sheet Details
Assets$4.04B
Liabilities$2.44B
Accounts Receivable$151.6M
Accounts Payable$115.2M
Inventory$26.7M
PP&E (Net)$3.13B
Goodwill$507.5M
Intangible Assets$13.2M
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 | FY 1988 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1988-12-31 | 1987-12-31 | 1986-12-31 |
| Revenue | $930M | $787.2M | $670.6M | $680.7M | $569.97M | $488.2M | $479.61M | $717.49M | $617.58M | $498.86M | $459.24M | $498.83M | $444.31M | $392.5M | $418.03M | $427.55M | $268.79M | $291.44M | $258.29M | $231.2M | $229.63M | $177.96M | $162.3M | $142.23M | $330.32M | $335.41M | $230.9M | $183.6M | $122.8M | $119.3M | $104M | $98.6M | $85.9M | $75.9M | $69.8M | $86.6M | $80.2M | $58.6M | $55.8M | $49.7M |
| YoY Growth | 18.1% | 17.4% | -1.5% | 19.4% | 16.7% | 1.8% | -33.2% | 16.2% | 23.8% | 8.6% | -7.9% | 12.3% | 13.2% | -6.1% | -2.2% | 59.1% | -7.8% | 12.8% | 11.7% | 0.7% | 29.0% | 9.6% | 14.1% | -56.9% | -1.5% | 45.3% | 25.8% | 49.5% | 2.9% | 14.7% | 5.5% | 14.8% | 13.2% | 8.7% | -19.4% | 8.0% | 36.9% | 5.0% | 12.3% | - |
| Cost of Revenue | $635.9M | $452.4M | $415.3M | $443.2M | $352.04M | $295.58M | $308.02M | $563.57M | $478.19M | $368M | $339.41M | $390.02M | $343.8M | $303.17M | $246.9M | $260.98M | $161.75M | $0 | $0 | $0 | $0 | $0 | $0 | $74.15M | $266.36M | $273.64M | $176.7M | $136M | $77.8M | $72.5M | $58.5M | $59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $294.1M | $334.8M | $255.3M | $237.5M | $217.93M | $192.62M | $171.58M | $153.92M | $139.4M | $130.85M | $119.84M | $108.81M | $100.51M | $89.33M | $171.13M | $166.57M | $107.04M | $291.44M | $258.29M | $231.2M | $229.63M | $177.96M | $162.3M | $68.08M | $63.97M | $61.77M | $54.2M | $47.6M | $45M | $46.8M | $45.5M | $39.6M | $85.9M | $75.9M | $69.8M | $86.6M | $80.2M | $58.6M | $55.8M | $49.7M |
| Gross Margin | 31.6% | 42.5% | 38.1% | 34.9% | 38.2% | 39.5% | 35.8% | 21.5% | 22.6% | 26.2% | 26.1% | 21.8% | 22.6% | 22.8% | 40.9% | 39.0% | 39.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 47.9% | 19.4% | 18.4% | 23.5% | 25.9% | 36.6% | 39.2% | 43.8% | 40.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21K | $698K | $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 |
| Other | $36.5M | $106.6M | $104.5M | $94.6M | $86.82M | $79.89M | $65.3M | -$615K | -$765K | -$441K | $293K | $101K | $372K | $271K | $117.42M | $114.64M | $73.3M | $262.96M | $230.17M | $208.27M | $208.1M | $157.99M | $140.72M | $54.24M | $48.42M | $45.75M | $39.3M | $35.9M | $33.2M | $33.6M | $32M | $29.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $36.5M | $106.6M | $104.5M | $94.6M | $86.82M | $79.89M | $65.3M | $59.43M | $53.68M | $46.89M | $43.58M | $39.66M | $37.78M | $32.7M | $117.42M | $114.64M | $73.3M | $262.96M | $230.17M | $208.27M | $208.1M | $157.99M | $140.72M | $54.24M | $48.42M | $45.75M | $39.3M | $35.9M | $33.2M | $33.6M | $32M | $29.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Income (EBIT) | $257.6M | $228.2M | $150.8M | $142.9M | $131.11M | $112.72M | $106.28M | $94.62M | $85.84M | $84.1M | $77.76M | $62.28M | $62.73M | $56.63M | $53.7M | $51.93M | $33.74M | $28.48M | $28.11M | $22.93M | $21.53M | $19.97M | $21.58M | $13.83M | $15.55M | $16.03M | $14.9M | $11.7M | $11.8M | $13.2M | $13.5M | $9.8M | $85.9M | $75.9M | $69.8M | $86.6M | $80.2M | $58.6M | $55.8M | $49.7M |
| Operating Margin | 27.7% | 29.0% | 22.5% | 21.0% | 23.0% | 23.1% | 22.2% | 13.2% | 13.9% | 16.9% | 16.9% | 12.5% | 14.1% | 14.4% | 12.8% | 12.1% | 12.6% | 9.8% | 10.9% | 9.9% | 9.4% | 11.2% | 13.3% | 9.7% | 4.7% | 4.8% | 6.5% | 6.4% | 9.6% | 11.1% | 13.0% | 9.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Interest Expense | $72.8M | $68.4M | $36.95M | $24.36M | $20.14M | $21.77M | $22.22M | $16.15M | $12.64M | $10.64M | $10.01M | $9.48M | $8.23M | $8.75M | $9M | $9.15M | $7.09M | $6.16M | $6.59M | $5.78M | $5.13M | $5.27M | $5.71M | $5.06M | $5.28M | $4.51M | $0 | $3.4M | $0 | $2.7M | $2.7M | $2.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $115K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $238K | $456K | $220K | $0 | $200K | $0 | $200K | $100K | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$64.6M | -$66.4M | -$35.5M | -$19.3M | -$18.41M | -$18.54M | -$24.07M | -$16.75M | -$17.3M | -$12.97M | -$9.71M | -$2.24M | -$7.86M | -$8.48M | -$8.09M | -$8.95M | -$6.92M | -$6.05M | -$6.3M | -$5.18M | -$4.36M | -$4.72M | -$5.47M | -$1.69M | -$3.64M | -$4.04M | -$2.4M | -$3.2M | -$2.5M | -$1.5M | -$1.9M | -$2.8M | -$85.9M | -$75.9M | -$69.8M | -$86.6M | -$80.2M | -$58.6M | -$55.8M | -$49.7M |
| Income Before Tax (EBT) | $193M | $161.8M | $115.3M | $123.6M | $112.7M | $94.18M | $82.21M | $77.57M | $72.43M | $73.02M | $68.05M | $60.04M | $54.87M | $48.16M | $45.61M | $42.98M | $26.82M | $22.42M | $21.82M | $17.34M | $16.78M | $15.25M | $16.11M | $9.3M | $10.97M | $11.99M | $12.5M | $8.5M | $9M | $10.8M | $11.2M | $7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax Expense | $52.7M | $43.2M | $28.1M | $33.8M | $29.23M | $23.54M | $21.11M | $20.99M | $14.31M | $28.34M | $26.91M | $23.95M | $22.09M | $19.3M | $17.99M | $16.92M | $10.92M | $8.82M | $8.6M | $6.84M | $6.31M | $5.7M | $6.03M | $3.65M | $4.25M | $4.5M | $4.2M | $3.2M | $3.3M | $3.9M | $4M | $2.5M | -$4M | -$3.6M | -$2.5M | -$3.1M | -$3.6M | -$2.8M | -$3.3M | -$2.5M |
| Net Income | $140.3M | $118.6M | $87.2M | $89.8M | $83.47M | $71.5M | $65.15M | $56.58M | $58.12M | $44.67M | $41.14M | $36.09M | $32.79M | $28.86M | $27.62M | $26.06M | $15.9M | $13.61M | $13.2M | $10.51M | $10.47M | $9.43M | $9.29M | $3.73M | $6.72M | $7.49M | $8.3M | $5.3M | $5.7M | $6.9M | $7.2M | $4.5M | $4M | $3.6M | $2.5M | $3.1M | $3.6M | $2.8M | $3.3M | $2.5M |
| Net Income Margin | 15.1% | 15.1% | 13.0% | 13.2% | 14.6% | 14.6% | 13.6% | 7.9% | 9.4% | 9.0% | 9.0% | 7.2% | 7.4% | 7.4% | 6.6% | 6.1% | 5.9% | 4.7% | 5.1% | 4.5% | 4.6% | 5.3% | 5.7% | 2.6% | 2.0% | 2.2% | 3.6% | 2.9% | 4.6% | 5.8% | 6.9% | 4.6% | 4.7% | 4.7% | 3.6% | 3.6% | 4.5% | 4.8% | 5.9% | 5.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 6.00 | 5.28 | 4.75 | 5.07 | 4.75 | 4.27 | 3.64 | 3.46 | 3.56 | 2.87 | 2.73 | 2.48 | 2.27 | 2.01 | 1.93 | 1.83 | 1.45 | 1.33 | 1.31 | 1.16 | 1.19 | 1.11 | 1.11 | 0.91 | 0.83 | 0.95 | 1.07 | 0.70 | 0.79 | 1.05 | 1.17 | 0.82 | 0.75 | 0.68 | 0.49 | 0.61 | 0.73 | 0.71 | 0.94 | 0.71 |
| Diluted EPS | 5.97 | 5.26 | 4.73 | 5.04 | 4.73 | 4.25 | 3.63 | 3.45 | 3.55 | 2.86 | 2.72 | 2.47 | 2.26 | 1.99 | 1.91 | 1.82 | 1.43 | 1.32 | 1.29 | 1.15 | 1.18 | 1.09 | 1.09 | 0.91 | 0.82 | 0.93 | 1.05 | 0.69 | 0.78 | 1.03 | 1.13 | 0.80 | 0.73 | 0.68 | 0.49 | 0.61 | 0.73 | 0.71 | 0.94 | 0.71 |
| Weighted Average OS | 23.39M | 22.47M | 18.37M | 17.72M | 17.56M | 16.71M | 16.40M | 16.37M | 16.34M | 15.57M | 15.09M | 14.55M | 14.43M | 14.38M | 14.33M | 14.21M | 10.97M | 10.22M | 10.11M | 9.05M | 8.77M | 8.52M | 8.40M | 8.16M | 8.03M | 7.86M | 7.73M | 7.57M | 7.50M | 7.41M | 6.51M | 5.49M | 5.36M | 5.29M | 5.14M | 5.11M | 4.91M | 3.93M | 3.51M | 3.54M |
| EBITDA | $373.4M | $311.7M | $229.63M | $227.92M | $205.72M | $183.66M | $159.09M | $143.57M | $129.8M | $125.35M | $113.72M | $102.84M | $92.82M | $84.96M | $79.88M | $76.02M | $48.28M | $39.83M | $40.51M | $34.68M | $32.19M | $30.41M | $32.08M | $27.03M | $25.32M | $24.07M | $22.4M | $18.5M | $17.7M | $20.2M | $20.4M | $15.7M | $85.9M | $75.9M | $69.8M | $86.6M | $80.2M | $58.6M | $55.8M | $49.7M |
| EBITDA Margin | 40.2% | 39.6% | 34.2% | 33.5% | 36.1% | 37.6% | 33.2% | 20.0% | 21.0% | 25.1% | 24.8% | 20.6% | 20.9% | 21.6% | 19.1% | 17.8% | 18.0% | 13.7% | 15.7% | 15.0% | 14.0% | 17.1% | 19.8% | 19.0% | 7.7% | 7.2% | 9.7% | 10.1% | 14.4% | 16.9% | 19.6% | 15.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.8M | $7.9M | $4.9M | $6.2M | $4.98M | $3.5M | $6.99M | $6.09M | $5.61M | $4.18M | $2.85M | $4.57M | $3.36M | $3.36M | $2.64M | $1.64M | $2.83M | $1.61M | $2.59M | $4.49M | $2.49M | $1.61M | $3.11M | $2.46M | $1.19M | $4.61M | $2.4M | $2.6M | $600K | $2M | $1M | $400K |
| Short-Term Investments | $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 |
| Cash and Short-Term Investments | $1.8M | $7.9M | $4.9M | $6.2M | $4.98M | $3.5M | $6.99M | $6.09M | $5.61M | $4.18M | $2.85M | $4.57M | $3.36M | $3.36M | $2.64M | $1.64M | $2.83M | $1.61M | $2.59M | $4.49M | $2.49M | $1.61M | $3.11M | $2.46M | $1.19M | $4.61M | $2.4M | $2.6M | $600K | $2M | $1M | $400K |
| Accounts Receivable | $151.6M | $121.3M | $108.21M | $94.63M | $98.45M | $91.3M | $90.46M | $76.48M | $114.28M | $102.68M | $78.41M | $85.72M | $91.81M | $70.18M | $94.01M | $109.8M | $85.48M | $65.52M | $78.72M | $46.05M | $57.01M | $37.66M | $30.69M | $24.05M | $21.94M | $39.21M | $21.8M | $15.2M | $13.9M | $13.4M | $12.9M | $9.3M |
| Inventory | $26.7M | $26.9M | $29.23M | $26.26M | $20.99M | $11.45M | $11.89M | $16.92M | $20.35M | $11.03M | $10.42M | $10.95M | $15.34M | $13.45M | $14.51M | $11.96M | $11.05M | $7.19M | $8.91M | $8.75M | $7.87M | $5.71M | $4.48M | $6.22M | $5.24M | $7.18M | $5.2M | $3.5M | $3.7M | $3.3M | $2.2M | $2.2M |
| Other Current Assets | $32.7M | $27.1M | $23.26M | $44.65M | $25.1M | $14.49M | $8.02M | $81.97M | $19.48M | $10.99M | $9.46M | $10.22M | $4.68M | $3.87M | $6.49M | $4.13M | $5.23M | $7.03M | $11.69M | $8.52M | $10.75M | $8.13M | $8.61M | $10.5M | $12.78M | $10.84M | $5.6M | $5.3M | $5.9M | $6.9M | $4.9M | $5.7M |
| Total Current Assets | $237M | $204.3M | $185.7M | $193.98M | $170.34M | $136.43M | $134.83M | $191.54M | $178.59M | $141.15M | $112.54M | $122.37M | $126.41M | $100.6M | $127.76M | $137.23M | $116.58M | $95.52M | $111.45M | $77.48M | $88.77M | $59.95M | $46.89M | $43.22M | $41.15M | $61.83M | $35M | $26.6M | $24.1M | $25.6M | $21M | $17.6M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $3.13B | $2.75B | $2.47B | $1.82B | $1.76B | $1.61B | $1.48B | $1.38B | $1.13B | $986.66M | $854.95M | $689.76M | $631.25M | $541.78M | $487.7M | $462.76M | $436.43M | $280.67M | $260.42M | $240.83M | $201.5M | $177.05M | $167.87M | $154.78M | $150.26M | $131.47M | $117.7M | $104.3M | $99.5M | $90.6M | $81.7M | $75.3M |
| Goodwill | $507.5M | $507.7M | $508.17M | $46.21M | $44.71M | $38.73M | $32.67M | $25.84M | $22.1M | $15.07M | $14.55M | $4.95M | $4.35M | $4.09M | $4.09M | $35.61M | $34.09M | $674K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $13.2M | $15M | $16.86M | $17.86M | $13.19M | $8.29M | $8.13M | $6.21M | $4.69M | $1.84M | $2.22M | $2.4M | $2.98M | $2.8M | $3.13M | $3.46M | $3.95M | $164K | $78.72M | $46.05M | $57.01M | $37.66M | $30.69M | $24.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.3M |
| Long-Term Investments | $20.1M | $14.4M | $12.28M | $10.58M | $12.1M | $10.78M | $9.23M | $6.71M | $6.76M | $4.9M | $3.64M | $3.68M | $3.1M | $4.17M | $3.92M | $4.04M | $1.96M | -$37.71B | -$28.79B | $0 | -$1.15B | -$4.21B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $47.8M | $0 | $0 | $256.17M | $0 | $205.39M | $0 | $156.82M | $135.85M | $222.89M | $193.43M | $832K | $142.6M | $125.2M | $115.62M | $80.03M | $66.92M | $37.72B | $28.8B | $0 | $1.15B | $4.21B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $88.7M | $89.2M | $112.88M | -$134.65M | $119.52M | -$79.5M | $122.99M | -$77.41M | -$56.58M | -$143.31M | -$112.75M | $80.47M | -$73.16M | -$44.89M | -$33.16M | -$52.13M | -$42.83M | $2.13M | $2.65M | $5.82M | $2.65M | $1.6M | $5.42M | $10.15M | $18.73M | $17.41M | $14.3M | $14.3M | $13.8M | $14.9M | $16.1M | $13.5M |
| Total Long-Term Assets | $3.81B | $3.37B | $3.12B | $2.02B | $1.94B | $1.8B | $1.65B | $1.5B | $1.24B | $1.09B | $956.05M | $782.1M | $711.11M | $633.15M | $581.31M | $533.76M | $500.53M | $290.27M | $270.11M | $247.51M | $207.21M | $181.99M | $174.27M | $167.72M | $168.98M | $148.87M | $132M | $118.6M | $113.3M | $105.5M | $97.8M | $90.7M |
| 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 |
| Total Assets | $4.04B | $3.58B | $3.3B | $2.22B | $2.11B | $1.93B | $1.78B | $1.69B | $1.42B | $1.23B | $1.07B | $904.47M | $837.52M | $733.75M | $709.07M | $670.99M | $617.1M | $385.79M | $381.56M | $324.99M | $295.98M | $241.94M | $221.16M | $210.94M | $210.13M | $210.7M | $167M | $145.2M | $137.4M | $131.1M | $118.8M | $108.3M |
| Liabilities | ||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Accounts Payable | $115.2M | $78.3M | $77.48M | $61.5M | $52.63M | $60.25M | $54.07M | $98.68M | $74.69M | $56.94M | $39.3M | $44.61M | $53.48M | $41.99M | $55.58M | $65.54M | $51.95M | $40.2M | $54.89M | $33.87M | $45.65M | $33.5M | $22M | $21.14M | $14.55M | $33.65M | $16.8M | $11.1M | $16.4M | $14.4M | $11.2M | $7.4M |
| Short-Term Debt | $295M | $222M | $198.36M | $223.64M | $239.6M | $189.24M | $292.97M | $306.39M | $260.39M | $221.97M | $182.55M | $97.34M | $117.02M | $69.39M | $42.9M | $73.17M | $65.32M | $39.66M | $53.32M | $35.21M | $40.41M | $7.61M | $7.18M | $14.84M | $44.79M | $28.07M | $25.7M | $12.1M | $8.2M | $12.8M | $5.7M | $9.3M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $24.25B | $1.98B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $45.1M | $45.7M | $46.43M | $37.15M | $36.49M | $33.3M | $30.94M | $34.16M | $34.75M | $29.24M | $27.17M | $25.2M | $26.14M | $29.27M | $30.92M | $26.32M | $24.96M | $9.53B | $10.04B | -$13.83M | $5.14B | $2.65M | $2.29M | -$6.28M | -$34.39M | -$18.37M | $0 | -$5.8M | $0 | -$7.4M | $0 | -$5M |
| Other Current Liabilities | $74.6M | $40M | $30.62M | $20.28M | $18.52M | $20.41M | $24.07M | $96.01M | $25.84M | $12.56M | $17.81M | $15.19M | $12.68M | $9.34M | $15.08M | $17.29M | $24.93M | $21.89M | $2M | $16.54M | $526K | $5.96M | $0 | $0 | $0 | $0 | $0 | $0 | $400K | $3M | $0 | $0 |
| Total Current Liabilities | $529.9M | $419.4M | $386.38M | $369.02M | $376.39M | $329.03M | $423.32M | $528.23M | $413M | $334.05M | $279.59M | $194.24M | $221.94M | $162.17M | $157.5M | $197.64M | $170.6M | $105.05M | $141.06M | $90.46M | $102.49M | $51.37M | $38.65M | $44.54M | $69.74M | $71.42M | $49.8M | $29.5M | $26.7M | $31.4M | $22.6M | $21M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | $1.33B | $1.26B | $1.19B | $578.39M | $549.9M | $508.5M | $440.17M | $316.02M | $197.4M | $136.95M | $149.01M | $158.49M | $117.59M | $101.91M | $110.28M | $89.64M | $98.81M | $86.42M | $63.26M | $71.05M | $58.99M | $66.19M | $69.42M | $73.41M | $48.41M | $50.92M | $33.8M | $37.6M | $38.2M | $29M | $29.8M | $24.3M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $170.68M | $75.89M | $76.55M | $78.45M | $74.07M | $86.2M | $66.96M | $57.02M | $54.87M | $0 | $0 | $0 | $0 | -$2.68B | $0 | $0 | -$64.08M | -$66.02M | $0 | -$51M | $0 | -$38.8M | -$38.8M | -$49.2M |
| Long-Term Deferred Tax Liabilities | $361.1M | $296.1M | $259.08M | $256.17M | $233.55M | $205.39M | $180.66M | $159.79M | $141.81M | $227.64M | $196.03M | $164.06M | $142.67M | $125.32M | $115.8M | $80.27M | $67.12M | $37.96M | $29.07M | $26.85M | $24.62M | $23.79M | $20.08M | $17.81M | $16.34M | $15.74M | $14.6M | $14.1M | $12.3M | $10.7M | $10M | $9.7M |
| Other Long-Term Liabilities | $210.2M | $200.9M | $215.51M | $166.27M | $172.32M | $182.61M | $167.58M | $169.88M | $318.25M | $312.13M | $280.68M | $91.19M | $76.54M | $87.76M | $17.92M | $42.35M | $37.77M | $33.29M | -$92.33M | -$97.9M | -$83.61M | $46.42M | -$89.5M | -$91.22M | $8.86M | $8.64M | -$48.4M | $7.7M | -$50.5M | $12.9M | $14.2M | $0 |
| Total Long-Term Liabilities | $1.91B | $1.77B | $1.67B | $1.01B | $964.35M | $906.37M | $798.3M | $647M | $518.14M | $449.08M | $430.86M | $409.91M | $336.81M | $314.98M | $310.79M | $247.11M | $236.72M | $280.94M | $211.84M | $219.71M | $189.97M | -$2.48B | $198.59M | $190.39M | $73.6M | $75.3M | $57M | $59.4M | $60.3M | $52.6M | $54M | $34M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$123.27M | -$90.92M | -$96.33M | -$81.23M | $2.59B | -$89.01M | -$90.67M | -$57K | $8K | $0 | -$100K | $100K | -$100K | -$100K | $16.2M |
| Total Liabilities | $2.44B | $2.19B | $2.06B | $1.38B | $1.34B | $1.24B | $1.22B | $1.18B | $931.14M | $783.13M | $710.45M | $604.15M | $558.75M | $477.15M | $468.29M | $444.75M | $407.32M | $262.72M | $261.98M | $213.84M | $211.22M | $163.98M | $148.23M | $144.25M | $143.28M | $146.73M | $106.8M | $88.8M | $87.1M | $83.9M | $76.5M | $71.2M |
| 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 |
| Common Stock | $11.6M | $11.1M | $10.82M | $8.63M | $8.59M | $8.5M | $7.98M | $7.97M | $7.96M | $7.93M | $7.43M | $7.1M | $4.69M | $4.67M | $4.66M | $4.63M | $4.57M | $3.32M | $3.3M | $3.25M | $2.86M | $2.81M | $2.75M | $2.69M | $2.64M | $2.58M | $2.5M | $2.5M | $2.2M | $1.8M | $1.8M | $1.8M |
| Retained Earnings | $626.8M | $550.3M | $488.66M | $445.51M | $393.07M | $342.97M | $300.61M | $261.53M | $229.14M | $192.06M | $166.24M | $142.32M | $124.27M | $106.24M | $91.25M | $76.81M | $63.23M | $56.82M | $51.54M | $46.27M | $42.85M | $39.02M | $36.01M | $32.24M | $34.56M | $33.72M | $31.9M | $28.9M | $28.2M | $26.8M | $23.4M | $19.5M |
| Comprehensive Income & Other | -$2.7M | -$1.7M | -$2.74M | -$1.38M | $1.3M | -$2.87M | -$6.27M | -$6.71M | -$4.27M | -$4.88M | -$5.84M | -$5.68M | -$2.53M | -$5.06M | -$4.53M | -$3.36M | -$2.52M | -$2.2M | $552K | $784K | $216K | $289K | -$67.05M | -$74.35M | -$66.65M | -$61.46M | -$54.4M | $800K | $100K | -$300K | -$500K | -$900K |
| Other Stockholders' Equity | $960.1M | $828.8M | $746.62M | $378.66M | $372.46M | $345.62M | $252.99M | $248.94M | $249.2M | $246.09M | $184.47M | $150.91M | $149.81M | $145.69M | $144.88M | $144.8M | $141.98M | $62.93M | $64.74M | $61.63M | $39.04M | $36.13M | $34.18M | $31.76M | $29.65M | $27.67M | $25.8M | $25M | $19.9M | $18.6M | $17.1M | $15.8M |
| Total Equity | $1.6B | $1.39B | $1.25B | $832.8M | $774.13M | $697.09M | $561.58M | $518.44M | $486.29M | $446.09M | $358.14M | $300.32M | $278.77M | $256.6M | $240.78M | $226.24M | $209.78M | $123.07M | $119.58M | $111.15M | $84.76M | $77.96M | $72.94M | $66.69M | $66.85M | $63.97M | $60.2M | $56.4M | $50.3M | $47.2M | $42.3M | $37.1M |
| 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 |
| Total Liabilities and Equity | $4.04B | $3.58B | $3.3B | $2.22B | $2.11B | $1.93B | $1.78B | $1.69B | $1.42B | $1.23B | $1.07B | $904.47M | $837.52M | $733.75M | $709.07M | $670.99M | $617.1M | $385.79M | $381.56M | $324.99M | $295.98M | $241.94M | $221.16M | $210.94M | $210.13M | $210.7M | $167M | $145.2M | $137.4M | $131.1M | $118.8M | $108.3M |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Total Debt | $1.64B | $1.49B | $1.4B | $814.42M | $798.07M | $707.62M | $743.03M | $622.41M | $457.79M | $358.92M | $331.89M | $255.83M | $234.61M | $171.3M | $153.19M | $162.82M | $164.14M | $126.08M | $116.58M | $106.26M | $99.4M | $73.8M | $76.6M | $88.25M | $93.19M | $78.99M | $59.5M | $49.7M | $46.4M | $41.8M | $35.5M | $33.6M |
| Net Debt | $1.64B | $1.48B | $1.39B | $808.22M | $793.09M | $704.12M | $736.05M | $616.32M | $452.17M | $354.75M | $329.03M | $251.25M | $231.25M | $167.94M | $150.55M | $161.17M | $161.31M | $124.47M | $113.98M | $101.77M | $96.91M | $72.19M | $73.49M | $85.79M | $92.01M | $74.38M | $57.1M | $47.1M | $45.8M | $39.8M | $34.5M | $33.2M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | $140.3M | $118.6M | $87.21M | $89.8M | $83.47M | $71.5M | $65.15M | $56.58M | $58.12M | $44.67M | $41.14M | $36.09M | $32.79M | $28.86M | $27.62M | $26.06M | $15.9M | $13.61M | $13.2M | $10.51M | $10.47M | $9.43M | $9.29M | $3.73M | $6.72M | $7.49M | $8.3M | $5.3M | $5.7M | $6.9M | $7.2M | $4.5M |
| Depreciation & Amortization | $107.6M | $81.5M | $77.44M | $79.92M | $72.89M | $67.72M | $54.65M | $49.34M | $44.72M | $39.49M | $36.95M | $32.89M | $30.09M | $28.06M | $25.27M | $23.89M | $14.38M | $11.24M | $12.4M | $11.35M | $10.27M | $9.89M | $10.5M | $10.42M | $9.09M | $8.04M | $7.5M | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $28.8M | $36.4M | $3.41M | $23.7M | $26.66M | $24.71M | $24.48M | $21.23M | $11.09M | $31.26M | $20.52M | $22.23M | $14.86M | $13.88M | $17.71M | $13.39M | $10.06M | $11.44M | $1.83M | -$409K | $1.51M | $4.21M | $2.4M | $265K | $509K | $2.92M | $400K | $1.7M | $1.4M | $1.8M | $300K | -$700K |
| Stock-Based Compensation | $8.5M | $8.4M | $7.62M | $6.44M | $5.95M | $4.83M | $4.28M | $2.81M | $2.49M | $2.37M | $1.94M | $1.96M | $1.63M | $1.42M | $1.45M | $1.16M | $1.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||
| Accounts Receivable | -$29.2M | -$13.2M | $982K | -$11.16M | -$1.63M | -$7.43M | $31.74M | -$16.31M | -$19.51M | -$27.01M | $17.1M | $20.68M | -$21.24M | $21.55M | $14.98M | -$20.47M | -$13.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$600K | $3.3M | $293K | -$7.85M | -$9.52M | $1.71M | $8.23M | $2.11M | -$9.04M | -$2.53M | $1.53M | $4.18M | -$4.49M | $603K | -$2.48M | $151K | $2.6M | -$1.73M | $1.19M | $355K | -$5.7M | -$1.74M | -$466K | $312K | $1.12M | -$3.31M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $13.3M | $400K | -$16.8M | $2.72M | $2.19M | $14.53M | -$62.02M | $35.91M | $15.6M | $18.83M | -$10.9M | -$8.05M | $18.82M | -$19.94M | -$9.53M | $17.69M | $13.58M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$23M | $10.4M | $45.55M | -$17.97M | -$18.95M | -$10.93M | -$12.45M | -$11.66M | $3.61M | -$5.82M | -$4.17M | -$31.48M | $946K | -$9.01M | -$2.35M | $212K | -$929K | -$6.36M | -$4.26M | $8.07M | -$4.59M | -$445K | -$1.34M | $5.47M | -$3.01M | -$5.52M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$39.5M | $900K | $30.03M | -$34.25M | -$27.91M | -$2.12M | -$34.51M | $10.04M | -$9.34M | -$16.54M | $3.56M | -$14.67M | -$5.97M | -$6.79M | $615K | -$2.42M | $1.59M | -$8.09M | -$3.07M | $8.42M | -$10.3M | -$2.19M | -$1.8M | $5.78M | -$1.89M | -$8.83M | $100K | -$1.7M | -$500K | -$4.3M | $700K | $2.5M |
| Other Non-Cash Items | -$12M | -$6.4M | -$2.23M | -$6.73M | -$10.54M | -$7.72M | -$11.09M | $6.78M | $3M | $2.12M | $1.04M | $776K | -$469K | $442K | -$1.55M | -$1.07M | $2.57M | $335K | $1.53M | $268K | $11.61M | $12.01M | $16K | $14.62M | $10.11M | $6.78M | $300K | $5.7M | $5.7M | $6.9M | $4.8M | $8.1M |
| Net Cash from Operating | $233.7M | $239.4M | $203.48M | $158.88M | $150.5M | $158.92M | $102.96M | $146.78M | $110.09M | $103.37M | $105.14M | $79.28M | $72.93M | $65.87M | $71.12M | $61.01M | $45.81M | $28.54M | $25.68M | $30.12M | $13.29M | $23.46M | $21.98M | $24.39M | $15.45M | $8.37M | $16.6M | $11M | $12.3M | $11.3M | $13M | $14.4M |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditures | -$448.6M | -$355.3M | -$188.62M | -$128.28M | -$186.92M | -$165.51M | -$184.73M | -$269.77M | -$175.33M | -$169.86M | -$144.62M | -$97.16M | -$97.12M | -$72.01M | -$47.68M | -$45.7M | -$27.02M | -$30.76M | -$31.28M | -$48.85M | -$33.01M | -$17.81M | -$11.79M | -$14.71M | -$29.19M | -$21.82M | -$25.1M | -$12M | -$12.4M | -$14M | -$11.7M | -$10.5M |
| Acquisitions | $12.9M | $600K | -$925.03M | -$11.77M | -$36.37M | -$22.23M | -$23.99M | -$16.65M | -$11.95M | $174K | -$20.93M | $0 | -$20.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$165K | -$1.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$500K | $0 | -$100K | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.3M | $0 | $0 | $0 | $3.52M | $0 | $0 | $0 | $0 | $179K | $0 | $0 | $0 | $0 | $2.2M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $4.8M | $2.26M | $3.59M | $272K | $6.11M | $22.13M | $157K | $379K | -$176K | -$10K | $10.74M | $1.62M | $2.18M | -$154K | -$3.11M | $359K | -$480K | -$23K | -$16K | $240K | $780K | $5.93M | $644K | $0 | $0 | $0 | $0 | $0 | -$100K | -$100K | $100K |
| Net Cash from Investing | -$435.7M | -$349.9M | -$1.11B | -$136.45M | -$223.02M | -$181.63M | -$186.59M | -$286.26M | -$186.9M | -$170.04M | -$165.56M | -$86.59M | -$114.78M | -$69.83M | -$47.84M | -$48.81M | -$23.14M | -$31.24M | -$31.3M | -$48.86M | -$32.77M | -$16.85M | -$5.86M | -$14.06M | -$29.19M | -$21.82M | -$22.9M | -$12.5M | -$12.4M | -$14.1M | -$11.7M | -$10.4M |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Debt Repaid | -$134.2M | -$95.1M | -$605.53M | -$31.9M | -$45.67M | -$36.22M | -$157.71M | -$120.43M | -$57.71M | $9.15M | $10.82M | -$40.01M | -$11.81M | $8.2M | -$19.87M | $35.28M | $14.72M | -$22.3M | -$10.99M | -$7.09M | -$24.81M | $2.62M | $11.38M | $5.01M | -$14.32M | -$19.61M | -$9.9M | -$2.9M | -$1.7M | -$6.5M | -$1.8M | $2.2M |
| Common Stock Issuance | $123M | $72.6M | $366.42M | $4.53M | $15.85M | $83.61M | $0 | $0 | $79K | $58.17M | $813K | $0 | $0 | $0 | $0 | $568K | $392K | $29K | $299K | $20.02M | $459K | $268K | $348K | $1.28M | $1.22M | $1.11M | $1M | $600K | $600K | $600K | $300K | $200K |
| Common Stock Repurchases | $0 | $0 | -$28K | $0 | $0 | $0 | -$721K | $0 | $0 | $0 | $0 | -$165K | -$1.34M | -$1.27M | -$1.24M | $0 | $0 | -$118K | $0 | -$435K | $0 | -$193K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$60.7M | -$54.2M | -$40.01M | -$35.15M | -$31.54M | -$27.16M | -$24.69M | -$22.04M | -$19.93M | -$17.48M | -$15.92M | -$13.89M | -$13.08M | -$12.34M | -$11.66M | -$11.01M | -$7.96M | -$7.96M | -$7.03M | -$5.98M | -$5.79M | -$5.56M | -$5.4M | -$5.32M | -$5.22M | -$5.02M | -$4.8M | -$4.3M | -$3.8M | -$3.3M | -$2.8M | -$2.7M |
| Other Financing Activities | -$1M | -$1.5M | -$2.46M | $4.53M | -$1.48M | -$977K | -$692K | -$706K | -$692K | $58.17M | $0 | -$921K | -$8K | $0 | $0 | $0 | $0 | -$537K | -$541K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | -$100K | -$100K | $0 |
| Net Cash from Financing | $195.9M | $113.5M | $906.61M | -$21.21M | $74M | $19.23M | $84.52M | $139.96M | $78.24M | $67.22M | $58.7M | $8.52M | $41.84M | $4.68M | -$22.29M | -$13.37M | -$21.45M | $1.71M | $3.72M | $20.75M | $20.36M | -$8.11M | -$15.47M | -$9.06M | $10.32M | $15.7M | $6.1M | -$700K | -$1.5M | $3.7M | -$800K | -$4.7M |
| 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 | $0 | $0 | $0 | $0 | $100K | $100K | -$100K |
| Net Change in Cash | -$6.1M | $3M | -$1.3M | $1.23M | $1.48M | -$3.49M | $896K | $475K | $1.44M | $1.32M | -$1.72M | $1.22M | -$5K | $724K | $994K | -$1.18M | $1.22M | -$982K | -$1.9M | $2M | $876K | -$1.5M | $650K | $1.27M | -$3.42M | $2.25M | -$200K | -$2.2M | -$1.6M | $1M | $600K | -$800K |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | $233.7M | $239.4M | $203.48M | $158.88M | $150.5M | $158.92M | $102.96M | $146.78M | $110.09M | $103.37M | $105.14M | $79.28M | $72.93M | $65.87M | $71.12M | $61.01M | $45.81M | $28.54M | $25.68M | $30.12M | $13.29M | $23.46M | $21.98M | $24.39M | $15.45M | $8.37M | $16.6M | $11M | $12.3M | $11.3M | $13M | $14.4M |
| Capital Expenditure | -$448.6M | -$355.3M | -$188.62M | -$128.28M | -$186.92M | -$165.51M | -$184.73M | -$269.77M | -$175.33M | -$169.86M | -$144.62M | -$97.16M | -$97.12M | -$72.01M | -$47.68M | -$45.7M | -$27.02M | -$30.76M | -$31.28M | -$48.85M | -$33.01M | -$17.81M | -$11.79M | -$14.71M | -$29.19M | -$21.82M | -$25.1M | -$12M | -$12.4M | -$14M | -$11.7M | -$10.5M |
| Free Cash Flow | -$214.9M | -$115.9M | $14.86M | $30.61M | -$36.42M | -$6.59M | -$81.76M | -$122.99M | -$65.24M | -$66.49M | -$39.48M | -$17.88M | -$24.19M | -$6.13M | $23.44M | $15.3M | $18.79M | -$2.21M | -$5.6M | -$18.73M | -$19.72M | $5.65M | $10.19M | $9.68M | -$13.74M | -$13.45M | -$8.5M | -$1M | -$100K | -$2.7M | $1.3M | $3.9M |
| Cash at Beginning | $7.9M | $4.9M | $6.2M | $4.98M | $3.5M | $6.99M | $6.09M | $5.61M | $4.18M | $2.85M | $4.57M | $3.36M | $3.36M | $2.64M | $1.64M | $2.82M | $1.61M | $2.59M | $4.49M | $2.49M | $1.61M | $3.11M | $2.46M | $1.19M | $4.61M | $2.36M | $2.6M | $4.8M | $2.2M | $1M | $400K | $1.2M |
| Cash at End | $1.8M | $7.9M | $4.9M | $6.2M | $4.98M | $3.5M | $6.99M | $6.09M | $5.61M | $4.18M | $2.85M | $4.57M | $3.36M | $3.36M | $2.64M | $1.64M | $2.83M | $1.61M | $2.59M | $4.49M | $2.49M | $1.61M | $3.11M | $2.46M | $1.19M | $4.61M | $2.4M | $2.6M | $600K | $2M | $1M | $400K |