COUSINS PROPERTIES INC (CUZ)
Cousins Properties functions as a self-governing and fully integrated Real Estate Investment Trust (REIT) based in Atlanta, Georgia. Operating via its partnership, Cousins Properties LP, the firm primarily focuses on investing in prestigious Class A office buildings situated across vibrant, rapidly expanding Sun Belt regions. Since its inception in 1958, Cousins has consistently delivered shareholder value through its profound expertise in the development, procurement, leasing, and administration of premium real estate holdings. Its overarching strategic plan is built upon a straightforward model emphasizing iconic "trophy" assets and astute opportunistic investments.
Sector: Real Estate Investment Trusts
Industry: REIT - Office
Cousins Properties Incorporated
NYSE:CUZReal Estate · REIT - Office
+1.07%$29.18
AH Close$29.18+0.00%vs close
AH Close$29.18+0.00%vs close
Mkt Cap$4.8B
Float151.17M
O/S164.6M
Inst Own-
SI9.0%
Div Yield4.39%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$993.82M
Net Income$40.5M
Total Assets$8.89B
Free Cash Flow$135.04M
Debt & Equity
Debt 44%
Equity 56%
Total Debt$3.68B
Total Equity$4.68B
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:4Reverse splitJun 17, 20194 shares → 1
Balance Sheet Details
Assets$8.89B
Liabilities$4.19B
Accounts Receivable$286.86M
Accounts Payable$0
Inventory$0
PP&E (Net)$53.93M
Goodwill$0
Intangible Assets$164.74M
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 | $993.82M | $856.76M | $802.87M | $762.29M | $755.07M | $740.34M | $657.51M | $475.21M | $466.19M | $259.21M | $381.64M | $361.38M | $210.74M | $148.28M | $178.46M | $228.51M | $224.88M | $214.65M | $165.38M | $169.86M | $155.74M | $136.81M | $189.6M | $199.8M | $177.7M | $144.63M | $97.82M | $98.31M | $86M | $58.53M | $41.04M | $31.11M | $24.6M | $28.1M | $21.1M | $24.1M | $23.5M | $19.7M | $19M | $55.9M |
| YoY Growth | 16.0% | 6.7% | 5.3% | 1.0% | 2.0% | 12.6% | 38.4% | 1.9% | 79.8% | -32.1% | 5.6% | 71.5% | 42.1% | -16.9% | -21.9% | 1.6% | 4.8% | 29.8% | -2.6% | 9.1% | 13.8% | -27.8% | -5.1% | 12.4% | 22.9% | 47.8% | -0.5% | 14.3% | 46.9% | 42.6% | 31.9% | 26.4% | -12.5% | 33.2% | -12.4% | 2.6% | 19.3% | 3.7% | -66.0% | - |
| Cost of Revenue | $730.4M | $280.66M | $266.43M | $258.37M | $259.46M | $250.85M | $222.15M | $164.68M | $163.88M | $96.91M | $156.16M | $155.93M | $90.5M | $56.35M | $77.88M | $96.69M | $66.56M | $67.71M | $7.68M | $32.15M | $25.81M | $12.01M | $10.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $263.42M | $576.1M | $536.44M | $503.92M | $495.61M | $489.49M | $435.37M | $310.53M | $302.3M | $162.3M | $225.49M | $205.45M | $120.24M | $91.93M | $100.58M | $131.82M | $158.32M | $146.94M | $157.7M | $137.71M | $129.93M | $124.8M | $179.58M | $199.8M | $177.7M | $144.63M | $97.82M | $98.31M | $86M | $58.53M | $41.04M | $31.11M | $24.6M | $28.1M | $21.1M | $24.1M | $23.5M | $19.7M | $19M | $55.9M |
| Gross Margin | 26.5% | 67.2% | 66.8% | 66.1% | 65.6% | 66.1% | 66.2% | 65.3% | 64.8% | 62.6% | 59.1% | 56.9% | 57.1% | 62.0% | 56.4% | 57.7% | 70.4% | 68.5% | 95.4% | 81.1% | 83.4% | 91.2% | 94.7% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 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 | $40.44M | $36.57M | $32.33M | $28.32M | $29.32M | $27.03M | $37.01M | $22.04M | $27.52M | $25.59M | $17.1M | $19.78M | $21.94M | $23.21M | $30.57M | $52.5M | $83.36M | $42.17M | $57.81M | $58.59M | $40.7M | $33.7M | $29.61M | $27.67M | $27.01M | $18.45M | $14.96M | $13.09M | $12.72M | $9.08M | $7.65M | $7.54M | $7.3M | $0 | $0 | $4.5M | $5.2M | $0 | $0 | $0 |
| Other | $0 | $365.05M | $314.9M | $295.59M | $288.09M | $462.46M | $398.36M | -$4.34M | -$5.32M | -$9.15M | -$4.43M | -$7.2M | -$8.91M | -$11.17M | $50.17M | $59.11M | $59.24M | $58.97M | $98.64M | $121.69M | $103.65M | $86.42M | $110.66M | $116.13M | $99.21M | $82.48M | $54.14M | $50.88M | $44.84M | $33.6M | $21.59M | $15.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $40.44M | $401.61M | $347.23M | $323.91M | $317.41M | $489.49M | $435.37M | $203.42M | $224.27M | $123.54M | $152.51M | $159.8M | $98.22M | $66.77M | $80.75M | $116.78M | $152.34M | $95.1M | $156.45M | $180.28M | $144.36M | $120.12M | $140.26M | $143.8M | $126.22M | $100.93M | $69.1M | $63.97M | $57.56M | $42.68M | $29.23M | $22.9M | -$8M | -$11.2M | -$10.6M | -$2.8M | -$2.9M | -$8.6M | -$6.7M | -$12.4M |
| Operating Income (EBIT) | $222.97M | $174.49M | $189.21M | $180.01M | $178.2M | $0 | $136.1M | $67.68M | $78.03M | $38.76M | $72.97M | $45.65M | $22.03M | $25.16M | $19.84M | $20.21M | $15.71M | $29.51M | -$156.45M | -$180.28M | -$144.36M | -$120.12M | -$140.26M | -$143.8M | -$126.22M | -$100.93M | -$69.1M | -$63.97M | -$57.56M | -$42.68M | -$29.23M | -$22.9M | $8M | $11.2M | $10.6M | $2.8M | $2.9M | $8.6M | $6.7M | $12.4M |
| Operating Margin | 22.4% | 20.4% | 23.6% | 23.6% | 23.6% | - | 20.7% | 14.2% | 16.7% | 15.0% | 19.1% | 12.6% | 10.5% | 17.0% | 11.1% | 8.8% | 7.0% | 13.7% | -94.6% | -106.1% | -92.7% | -87.8% | -74.0% | -72.0% | -71.0% | -69.8% | -70.6% | -65.1% | -66.9% | -72.9% | -71.2% | -73.6% | 32.5% | 39.9% | 50.2% | 11.6% | 12.3% | 43.7% | 35.3% | 22.2% |
| Interest Expense | $159.34M | $122.48M | $105.46M | $72.54M | $67.03M | $60.6M | $53.96M | $39.43M | $33.52M | $26.65M | $22.73M | $20.98M | $21.71M | $23.93M | $27.78M | $37.18M | $41.39M | $33.15M | $8.82M | $11.12M | $9.09M | $14.62M | $22.58M | $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 | $0 | $0 | $3.02M | $4.16M | $6.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$181.72M | -$127.91M | -$105.4M | -$12.57M | $100.8M | $238.11M | -$111.96M | $0 | -$38.25M | -$65.5M | $61.05M | -$5.75M | -$26.55M | -$28.54M | -$140.06M | -$10.57M | -$20.74M | -$14.73M | -$2.7M | -$8.11M | $4.87M | -$14.62M | $100.99M | -$167.21M | $42.78M | $31.42M | $19.04M | $6.87M | -$116.5M | -$82.9M | $13.43M | $12.17M | -$23.4M | -$23.2M | -$22.4M | -$11.4M | $12.3M | -$18.1M | $4.4M | -$26.2M |
| Income Before Tax (EBT) | $41.25M | $46.58M | $83.82M | $167.44M | $279M | $238.11M | $29.26M | $63.1M | $39.78M | -$26.73M | $37.52M | $8.03M | -$16.59M | -$12.51M | -$116.72M | -$34.52M | -$66.19M | -$5.74M | $116K | -$21.54M | $2.29M | $2.06M | $43.26M | $45.24M | $46.76M | $49.56M | $47.76M | $41.21M | $29.78M | $26.51M | $25.23M | $20.37M | $9.2M | $16.1M | $9.3M | $15.5M | $15.2M | $10.2M | $11.1M | $42.1M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$16.06M | -$176.49M | -$105.84M | -$88M | -$20K | -$23K | $91K | -$186K | -$1.08M | $4.34M | -$8.77M | -$4.42M | -$4.19M | -$7.76M | -$2.74M | -$2.6M | -$1.53M | -$555K | -$1.11M | -$2.44M | -$148K | -$1.53M | -$1.7M | -$747K | -$166K | -$800K | $400K | $200K | -$2.3M | $0 | $500K | $0 | $12.5M |
| Net Income | $40.5M | $45.96M | $82.96M | $166.79M | $278.59M | $237.28M | $101.57M | $79.16M | $216.28M | $79.11M | $125.52M | $52M | $121.76M | $45.73M | -$128.43M | -$14.57M | $27.3M | $22.55M | $32.92M | $232.69M | $49.74M | $407.78M | $242.16M | $47.87M | $70.81M | $62.04M | $104.08M | $45.3M | $37.28M | $41.02M | $26.34M | $26.89M | $11.9M | $15.7M | $9.1M | $17.8M | $15.2M | $9.7M | $11.1M | $29.6M |
| Net Income Margin | 4.1% | 5.4% | 10.3% | 21.9% | 36.9% | 32.0% | 15.4% | 16.7% | 46.4% | 30.5% | 32.9% | 14.4% | 57.8% | 30.8% | -72.0% | -6.4% | 12.1% | 10.5% | 19.9% | 137.0% | 31.9% | 298.1% | 127.7% | 24.0% | 39.9% | 42.9% | 106.4% | 46.1% | 43.3% | 70.1% | 64.2% | 86.5% | 48.4% | 55.9% | 43.1% | 73.9% | 64.7% | 49.2% | 58.4% | 53.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 0.24 | 0.30 | 0.55 | 1.86 | 1.41 | 1.16 | 0.79 | 0.75 | 2.08 | 1.24 | 2.32 | 0.88 | 3.04 | 1.28 | -4.96 | -0.57 | 0.88 | 0.60 | 1.36 | 17.16 | 2.76 | 32.64 | 19.76 | 3.88 | 5.76 | 5.12 | 8.64 | 3.81 | 3.40 | 3.84 | 2.51 | 2.59 | 1.64 | 2.28 | 1.40 | 2.76 | 2.32 | 1.48 | 1.72 | 6.92 |
| Diluted EPS | 0.24 | 0.30 | 0.55 | 1.86 | 1.41 | 1.16 | 0.78 | 0.74 | 2.08 | 1.24 | 2.32 | 0.88 | 3.04 | 1.28 | -4.96 | -0.57 | 0.88 | 0.60 | 1.32 | 16.56 | 2.68 | 31.36 | 19.32 | 3.84 | 5.64 | 5.00 | 8.48 | 3.76 | 3.36 | 3.80 | 2.51 | 2.59 | 1.64 | 2.28 | 1.40 | 2.76 | 2.32 | 1.48 | 1.72 | 6.92 |
| Weighted Average OS | 167.92M | 153.41M | 151.71M | 150.11M | 148.67M | 148.28M | 128.06M | 105.08M | 103.90M | 63.47M | 53.96M | 51.05M | 36.06M | 26.03M | 25.91M | 25.36M | 16.37M | 12.80M | 12.93M | 12.66M | 12.50M | 12.25M | 12.21M | 12.34M | 12.29M | 12.12M | 12.03M | 11.85M | 10.97M | 10.68M | 10.51M | 10.40M | 7.26M | 6.89M | 6.50M | 6.45M | 6.55M | 6.55M | 6.45M | 4.28M |
| EBITDA | $456.61M | $534.1M | $504.18M | $535.57M | $634.12M | $587.37M | $463.8M | $301.58M | $270.05M | $146.25M | $163.83M | $178.47M | $81.59M | $66.43M | -$36.44M | $38.86M | $71.54M | $101.34M | $41.2M | $33.27M | $51.1M | $53.92M | $61.35M | $252.23M | $53.12M | $48.68M | $45.58M | $49.52M | $166.3M | $129.4M | $16.32M | $11.95M | $35.8M | $41.6M | $33.9M | $28.8M | $27.4M | $28.3M | $25.7M | $68.3M |
| EBITDA Margin | 45.9% | 62.3% | 62.8% | 70.3% | 84.0% | 79.3% | 70.5% | 63.5% | 57.9% | 56.4% | 42.9% | 49.4% | 38.7% | 44.8% | -20.4% | 17.0% | 31.8% | 47.2% | 24.9% | 19.6% | 32.8% | 39.4% | 32.4% | 126.2% | 29.9% | 33.7% | 46.6% | 50.4% | 193.4% | 221.1% | 39.8% | 38.4% | 145.5% | 148.0% | 160.7% | 119.5% | 116.6% | 143.7% | 135.3% | 122.2% |
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 | 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 |
| Assets | ||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $5.72M | $7.35M | $6.05M | $5.14M | $8.94M | $4.29M | $15.6M | $2.55M | $148.93M | $35.69M | $2M | $0 | $975K | $176.89M | $4.86M | $7.6M | $9.46M | $82.96M | $17.82M | $11.54M | $9.34M | $89.49M | $13.06M | $9.47M | $10.56M | $1.7M | $1.47M | $1.35M | $32.69M | $1.6M | $1.55M | $3.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $209.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.3M | $1.9M | $2.5M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $5.72M | $7.35M | $6.05M | $5.14M | $8.94M | $4.29M | $15.6M | $2.55M | $148.93M | $35.69M | $2M | $0 | $975K | $176.89M | $4.86M | $7.6M | $9.46M | $82.96M | $227.3M | $11.54M | $9.34M | $89.49M | $13.06M | $9.47M | $10.56M | $1.7M | $1.47M | $1.35M | $32.69M | $1.6M | $1.55M | $3.41M | $1.3M | $1.9M | $2.5M | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $286.86M | $243.57M | $220.48M | $192.7M | $167.42M | $158.59M | $125.99M | $96.94M | $72.58M | $67.15M | $78.09M | $68.67M | $51.75M | $49.35M | $48.5M | $48.4M | $49.68M | $51.27M | $44.41M | $32.14M | $40.01M | $24.96M | $19.85M | $50.61M | $39.92M | $40.64M | $37.3M | $39.47M | $38.46M | $56.5M | $53.87M | $52.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $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 |
| Other Current Assets | $0 | $0 | $0 | $0 | -$5.77M | $121.5M | $356.66M | -$4.94M | $52.91M | $7.2M | $7.14M | $1.61M | $23.76M | $2.67M | $2.76M | $15.52M | $3.58M | $3.64M | $3.59M | -$43.68M | -$49.35M | -$114.45M | -$32.91M | -$60.08M | -$50.48M | -$42.34M | -$38.78M | -$40.82M | -$71.16M | -$58.09M | -$55.42M | -$55.98M | -$1.3M | -$1.9M | -$2.5M | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $292.58M | $250.92M | $226.53M | $197.84M | $177.59M | $290.47M | $504.18M | $99.63M | $278.32M | $118.47M | $91.64M | $73.71M | $80.09M | $230.96M | $58.29M | $71.52M | $62.73M | $137.87M | $65.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $53.93M | $20.52M | $21.17M | $19.91M | $19.51M | $22.98M | $17.79M | $14.94M | $12.24M | $15.77M | $13.52M | $10.59M | $8.74M | $4.81M | $4.74M | $1.09B | $1.24B | $1.27B | $1.16B | $903.24M | $887.81M | $675.45M | $878.76M | $965.2M | $939.77M | $884.45M | $732.85M | $438.63M | $416M | $357.3M | $219.86M | $137.13M | $98.8M | $64.5M | $63.6M | $63.7M | $59.2M | $0 | $0 | $0 |
| Goodwill | $0 | $1.67M | $1.67M | $1.67M | $1.67M | $1.67M | $1.67M | $1.67M | $1.67M | $1.67M | $3.65M | $3.87M | $4.13M | $4.75M | $5.16M | $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 |
| Intangible Assets | $164.74M | $170.31M | $108.99M | $134.57M | $166.88M | $187.49M | $255.97M | $144.21M | $184.53M | $243.85M | $120.97M | $159.38M | $166.84M | $28.53M | $20.56M | $0 | $0 | $0 | $11.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $8.24B | $185.48M | $143.83M | $112.84M | $77.81M | $125.48M | $133.88M | $161.91M | $101.41M | $179.4M | $102.58M | $100.5M | $107.08M | $97.87M | $166.46M | $167.11M | $146.15M | $200.85M | $209.48M | $181.92M | $217.23M | $199.23M | $185.22M | $185.52M | $185.4M | $175.47M | $151.74M | $264.65M | $120.2M | $132.26M | $137.26M | $130.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax 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 | $0 | $0 | $0 |
| Other Long-Term Assets | $140.17M | $8.17B | $7.13B | $7.07B | $6.87B | $6.48B | $6.24B | $3.72B | $3.63B | $3.61B | $2.26B | $2.32B | $1.91B | $757.32M | $980.34M | $44.26M | $47.35M | $83.33M | $59.41M | -$1.09B | -$1.11B | -$874.68M | -$1.06B | -$1.15B | -$1.13B | -$1.06B | -$884.59M | -$703.27M | -$536.2M | -$489.56M | -$357.12M | -$267.97M | -$98.8M | -$64.5M | -$63.6M | -$63.7M | -$59.2M | $0 | $0 | $0 |
| Total Long-Term Assets | $8.6B | $8.55B | $7.41B | $7.34B | $7.13B | $6.82B | $6.65B | $4.05B | $3.93B | $4.05B | $2.5B | $2.59B | $2.19B | $893.28M | $1.18B | $1.3B | $1.43B | $1.56B | $1.44B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.2B | $1.19B | $1.03B | $1.14B | $1.25B | $1.22B | $1.12B | $932.92M | $752.86M | $617.7M | $556.6M | $418.01M | $330.82M | $319.7M | $195.8M | $169.4M | $168.4M | $157.2M | $149.4M | $145.4M | $145.2M |
| Total Assets | $8.89B | $8.8B | $7.63B | $7.54B | $7.31B | $7.11B | $7.15B | $4.15B | $4.2B | $4.17B | $2.6B | $2.67B | $2.27B | $1.12B | $1.24B | $1.37B | $1.49B | $1.69B | $1.51B | $1.2B | $1.19B | $1.03B | $1.14B | $1.25B | $1.22B | $1.12B | $932.92M | $752.86M | $617.7M | $556.6M | $418.01M | $330.82M | $319.7M | $195.8M | $169.4M | $168.4M | $157.2M | $149.4M | $145.4M | $145.2M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $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 |
| Short-Term Debt | $870.13M | $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 | $9.1M | $34.7M | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $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 |
| Current Unearned Revenue | $0 | $319.08M | $216.62M | $161.8M | $111.69M | $92.8M | $85.7M | $41.27M | $37.38M | $33.3M | $29.79M | $23.28M | $25.75M | $11.89M | $17.34M | $4.22M | $4.45M | $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 | $0 | $337.25M | $299.77M | $271.1M | $224.52M | $198.87M | $231.13M | $110.16M | $137.91M | $109.28M | $73.09M | $76.24M | $76.67M | $34.75M | $29.68M | $32.39M | $56.58M | $65.03M | $57.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.1M | -$34.7M | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $870.13M | $656.33M | $516.38M | $432.9M | $336.21M | $291.67M | $316.83M | $151.43M | $175.29M | $142.58M | $102.87M | $99.52M | $102.42M | $46.64M | $47.02M | $36.6M | $61.03M | $65.03M | $57.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $2.64B | $3.1B | $2.46B | $2.33B | $2.24B | $2.16B | $2.22B | $1.06B | $1.09B | $1.38B | $718.81M | $792.34M | $630.09M | $425.41M | $539.44M | $509.51M | $590.21M | $942.24M | $676.19M | $315.15M | $467.52M | $302.29M | $497.98M | $669.79M | $585.27M | $485.08M | $312.26M | $198.86M | $226.3M | $231.8M | $113.43M | $41.8M | $35.2M | $0 | $0 | $34.3M | $25.7M | $11.9M | $0 | $12.7M |
| Long-Term Unearned Revenue | $343.64M | $0 | $0 | $0 | $74.52M | $62.32M | $52.27M | $41.27M | $37.38M | $33.3M | $29.79M | $23.28M | $25.75M | $11.89M | $17.34M | $0 | $4.45M | $171.84M | $171.93M | $156.17M | $8.5M | $3.5M | $9.06M | $103.57M | $107.68M | $111.86M | $115.58M | $120.04M | $0 | $0 | $0 | $1.34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $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 |
| Other Long-Term Liabilities | $168.93M | $129.98M | $58.8M | $69.43M | $10.37M | $36.53M | $72.16M | $69.88M | $73.61M | $100.56M | $60.43M | $78.73M | $55.96M | -$2.65M | -$5.67M | $18.03M | $3.01M | $10.43M | $6M | -$471.31M | -$476.02M | -$305.79M | -$507.04M | -$773.36M | -$692.95M | -$596.94M | -$427.83M | -$318.9M | -$226.3M | -$231.8M | -$113.43M | -$43.14M | -$35.2M | $0 | $0 | -$34.3M | -$25.7M | -$11.9M | $0 | -$12.7M |
| Total Long-Term Liabilities | $3.32B | $3.28B | $2.57B | $2.46B | $2.38B | $2.32B | $2.41B | $1.17B | $1.2B | $1.51B | $809.03M | $894.36M | $711.81M | $434.65M | $551.12M | $527.54M | $597.67M | $1.12B | $854.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $526.85M | $531.81M | $347.23M | $542.29M | $812.23M | $727.13M | $630.52M | $463.51M | $355.93M | $247M | $257.4M | $136.49M | $54.29M | $45.5M | $19.7M | $55.3M | $53.1M | $49.3M | $40.4M | $32.3M | $73.2M |
| Total Liabilities | $4.19B | $3.93B | $3.09B | $2.89B | $2.71B | $2.61B | $2.72B | $1.33B | $1.38B | $1.66B | $911.9M | $993.87M | $814.23M | $481.29M | $598.14M | $564.14M | $658.7M | $1.19B | $911.33M | $526.85M | $531.81M | $347.23M | $542.29M | $812.23M | $727.13M | $630.52M | $463.51M | $355.93M | $247M | $257.4M | $136.49M | $54.29M | $45.5M | $19.7M | $55.3M | $53.1M | $49.3M | $40.4M | $32.3M | $73.2M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $1.72M | $1.72M | $6.87M | $6.87M | $0 | $0 | $94.78M | $169.6M | $169.6M | $169.6M | $169.6M | $169.6M | $200M | $200M | $200M | $200M | $100M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $167.98M | $167.66M | $154.34M | $154.02M | $151.27M | $151.15M | $149.35M | $107.68M | $430.35M | $403.75M | $220.26M | $220.08M | $193.24M | $107.66M | $107.27M | $106.96M | $103.35M | $54.92M | $54.85M | $54.44M | $53.36M | $52.78M | $51.53M | $50.84M | $50.11M | $49.36M | $48.41M | $31.89M | $31.47M | $28.92M | $28.22M | $27.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$1.46B | -$1.28B | -$1.13B | -$1.01B | -$985.34M | -$1.08B | -$1.14B | -$1.13B | -$1.12B | -$1.21B | -$124.44M | -$180.76M | -$164.72M | -$260.1M | -$274.18M | -$114.2M | -$51.4M | -$22.23M | $40.29M | $99.4M | $130.56M | $170.08M | $199.41M | $131.87M | $157.34M | $155.12M | $153.4M | $103.2M | $105M | $105.3M | $96.2M | $97.54M | $95.7M | $100.9M | $107.5M | $108.8M | $101.3M | $101.9M | $107M | $74M |
| Comprehensive Income & Other | $0 | -$105K | $2.19M | $1.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.52M | -$16.6M | -$4.3M | $0 | $0 | $0 | -$5.8M | -$2.65M | -$3.58M | -$4.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $5.97B | $5.96B | $5.5B | $5.48B | $5.4B | $5.39B | $5.35B | $3.79B | $3.46B | $3.27B | $1.59B | $1.63B | $1.43B | $772.79M | $770.6M | $767.31M | $735.46M | $434.03M | $457.37M | $472.08M | $448.36M | $436.89M | $327.85M | $226.17M | $255.22M | $249.98M | $235.91M | $244.78M | $234.23M | $164.98M | $153.25M | $147.5M | $174.9M | $75.2M | $6.6M | $6.5M | $6.6M | $7.1M | $6.1M | -$2M |
| Total Equity | $4.68B | $4.85B | $4.52B | $4.63B | $4.57B | $4.47B | $4.36B | $2.77B | $2.77B | $2.46B | $1.68B | $1.67B | $1.46B | $620.34M | $603.69M | $760.08M | $787.41M | $466.72M | $552.5M | $625.91M | $632.28M | $659.75M | $578.78M | $408.88M | $462.67M | $454.47M | $437.72M | $379.87M | $370.7M | $299.2M | $277.68M | $272.9M | $270.6M | $176.1M | $114.1M | $115.3M | $107.9M | $109M | $113.1M | $72M |
| Minority Interest | $22.61M | $23.49M | $24.16M | $21.29M | $33.63M | $28.4M | $68.56M | $55.29M | $53.14M | $58.68M | $0 | $0 | $1.57M | $22.61M | $33.7M | $47.06M | $45.44M | $37.54M | $45.78M | $43.98M | $24.18M | $20.02M | $19.35M | $26.96M | $26.82M | $30.77M | $31.69M | $17.07M | $0 | $9K | $3.84M | $3.63M | $3.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.87B | $8.78B | $7.61B | $7.52B | $7.28B | $7.08B | $7.08B | $4.09B | $4.15B | $4.11B | $2.6B | $2.67B | $2.27B | $1.1B | $1.2B | $1.32B | $1.45B | $1.66B | $1.46B | $1.15B | $1.16B | $1.01B | $1.12B | $1.22B | $1.19B | $1.08B | $901.24M | $735.79M | $617.7M | $556.6M | $414.17M | $327.19M | $316.1M | $195.8M | $169.4M | $168.4M | $157.2M | $149.4M | $145.4M | $145.2M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $3.68B | $3.15B | $2.51B | $2.39B | $2.29B | $2.22B | $2.28B | $1.06B | $1.09B | $1.38B | $718.81M | $792.34M | $630.09M | $425.41M | $539.44M | $509.51M | $590.21M | $942.24M | $676.19M | $315.15M | $467.52M | $302.29M | $497.98M | $669.79M | $585.27M | $485.08M | $312.26M | $198.86M | $226.3M | $231.8M | $113.43M | $41.8M | $35.2M | $9.1M | $34.7M | $34.3M | $25.7M | $11.9M | $0 | $12.7M |
| Net Debt | $3.67B | $3.14B | $2.5B | $2.38B | $2.28B | $2.22B | $2.27B | $1.06B | $944.3M | $1.35B | $716.81M | $792.34M | $629.12M | $248.52M | $534.58M | $501.91M | $580.74M | $859.28M | $658.36M | $303.61M | $458.18M | $212.8M | $484.92M | $660.32M | $574.72M | $483.39M | $310.78M | $197.51M | $193.61M | $230.2M | $111.88M | $38.39M | $35.2M | $9.1M | $34.7M | $34.3M | $25.7M | $11.9M | $0 | $12.7M |
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 | -$749K | $45.96M | $83.82M | $167.44M | $279M | $238.11M | $150.42M | $80.77M | $219.96M | $80.1M | $125.63M | $53.01M | $126.83M | $47.92M | -$123.47M | -$12.03M | $29.55M | $22.55M | $32.92M | $250.9M | $49.74M | $203.81M | $40.67M | $43.72M | $47.32M | $62.61M | $104.1M | $45.3M | $37.3M | $41M | $26.3M | $26.9M | $10M | $15.7M | $9.1M | $17.8M | $15.2M |
| Depreciation & Amortization | $415.36M | $365.05M | $314.9M | $295.59M | $288.09M | $288.65M | $257.15M | $181.38M | $196.75M | $145.29M | $135.46M | $141.02M | $76.48M | $52.44M | $54.06M | $59.96M | $55.83M | $53.41M | $40.64M | $43.69M | $39.72M | $37.23M | $52.9M | $54.84M | $45.58M | $31.52M | $16.66M | $15.17M | $14.05M | $7.22M | $4.34M | $3.66M | $3.2M | $2.3M | $2.2M | $1.9M | $1M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$913K | -$171.37M | -$74.73M | $0 | $0 | $0 | -$9.97M | $8.9M | $8.9M | $8.9M | -$9.19M | -$637K | -$2.64M | $1.01M | $3M | $1.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $16.45M | $14.79M | $11.97M | $10.14M | $7.46M | $5.3M | $13.73M | $3.4M | $2.99M | $2.15M | $1.58M | $7.34M | $7.04M | $2.24M | $2.11M | $2.35M | $3.74M | $4.73M | $5.62M | $7.04M | $3.13M | $1.71M | $591K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$8.76M | -$2.13M | $0 | $1.72M | $5.5M | -$2.44M | -$10.08M | -$6.05M | $11.46M | $2.16M | -$10.94M | -$644K | -$9.62M | -$851K | $0 | $0 | $0 | $0 | -$8.27M | $11.47M | -$17.05M | -$2.99M | $4.87M | -$2.63M | $1.99M | -$2.78M | -$1.9M | -$2M | $8.8M | -$3.4M | -$1M | -$600K | $2.7M | -$200K | $0 | $400K | $600K |
| Inventory | $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 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10.88M | -$10.88M | $290K | $0 | $7.92M | $4.21M | $1.89M | -$1.65M | -$6.32M | $3.56M | -$5.16M | $2.69M | $2.7M | $15.4M | -$7.4M | $10.4M | $100K | $2.5M | -$1.1M | $900K | $100K | -$3M | $200K |
| Other Working Capital | -$3.68M | $24.2M | $748K | -$9.17M | $10.23M | -$5.34M | $54.57M | -$5.62M | $5.87M | -$18.59M | -$6.47M | $8.38M | $15.21M | $3.91M | $10.73M | $14.19M | -$14.71M | $0 | $351K | -$15.68M | $15.16M | $4.64M | $0 | -$928K | $3.17M | $91K | -$800K | -$13.4M | -$1.4M | -$7M | $900K | -$1.9M | $1.6M | $700K | $100K | -$2.6M | $800K |
| Total Working Capital Change | -$12.44M | $22.07M | $748K | -$7.45M | $15.73M | -$7.78M | $44.49M | -$5.62M | $5.87M | -$18.59M | -$6.47M | $8.38M | $15.21M | $3.91M | -$157K | $3.31M | -$14.42M | $7.52M | -$351K | $15.68M | -$15.16M | -$4.64M | -$1.45M | $928K | -$3.17M | -$91K | $803K | $13.42M | -$3.9M | $6.96M | -$956K | $1.94M | $3.2M | $1.4M | $200K | -$5.2M | $1.6M |
| Other Non-Cash Items | -$16.35M | -$47.64M | -$43.06M | -$100.56M | -$200.8M | -$173.19M | -$162.61M | -$29.98M | -$42.55M | -$22.94M | -$102.96M | -$60.01M | -$88.22M | -$1.22M | $114.13M | $17.22M | -$40.44M | -$38.45M | -$69.82M | -$88.39M | -$21.37M | $4.83M | $6.53M | $3.26M | $4.29M | $9.55M | -$29.73M | $15.65M | $10.51M | $1.93M | $8.04M | $3.1M | -$1.3M | -$8M | -$700K | -$5.1M | -$5.8M |
| Net Cash from Operating | $402.27M | $400.23M | $368.36M | $365.17M | $389.48M | $351.09M | $303.18M | $229.03M | $211.65M | $111.28M | $151.66M | $142.4M | $137.34M | $95.32M | $55.58M | $79.7M | $43.16M | $40.57M | $8.37M | $226.28M | $57.08M | $245.95M | $100.9M | $102.75M | $94.02M | $103.59M | $91.83M | $89.54M | $57.95M | $57.1M | $37.72M | $35.61M | $15.1M | $11.4M | $10.8M | $9.4M | $12M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$267.23M | -$252.73M | $0 | -$342.24M | $0 | $0 | $0 | -$231.95M | -$333.36M | -$109.05M | -$184.99M | $0 | $0 | $0 | -$181.91M | -$33.76M | -$53.87M | -$159.13M | -$283.97M | -$460.91M | -$256.43M | -$174.51M | -$109.76M | -$87.99M | -$140.35M | -$215.96M | -$337.96M | -$194.25M | -$80.63M | -$162.15M | -$87.23M | -$53.57M | -$31.4M | -$6M | -$1.4M | -$6.9M | -$21.8M |
| Acquisitions | -$40M | -$47.5M | -$31.39M | -$9.06M | $1.99M | $49.32M | $85.99M | -$50.93M | -$7.57M | $34.66M | -$9.98M | -$18.34M | -$7.34M | $1.63M | $300.68M | $258.76M | -$404K | -$24.6M | $37.95M | $299.39M | $35.76M | $199.98M | $194.02M | $7.43M | $23.5M | $11.94M | $58.77M | $3.94M | $5.97M | $12.8M | $1.86M | $6.36M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$167.22M | $0 | -$47.89M | $0 | $0 | $0 | -$50.93M | -$20.08M | -$26.19M | -$9.98M | $0 | $0 | $0 | -$23.34M | -$26.23M | -$34K | -$49K | -$14.41M | -$23.75M | -$35.43M | -$36.01M | -$34.42M | -$9.48M | -$44.03M | -$36.82M | -$36.2M | -$34.71M | -$8.86M | -$268K | -$9.32M | -$48.88M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | -$56.27M | $0 | $0 | $0 | -$5.07M | $237.88M | $545.53M | $145.46M | $212.58M | $110.77M | $258.38M | -$157.06M | -$157.06M | $11.78M | $62.72M | $14.87M | $88.13M | $29.61M | $2.48M | $28.04M | $5K | $2.92M | $2.74M | $6.26M | $30.53M | $3.47M | $27.7M | $841K | $45.01M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$118.43M | -$837.96M | -$264.35M | $120.97M | -$193.06M | -$181.78M | -$443.41M | -$228.49M | -$118.21M | $15.99M | -$97M | -$655.85M | -$1.37B | -$18.05M | $16.77M | -$14.86M | -$2.81M | -$12.66M | -$2.99M | $275.15M | $11.23M | $378.11M | $96.9M | $7.08M | $37.27M | $7.21M | $150.25M | $94.54M | $24.48M | -$2.82M | $4.48M | $5.54M | -$92.1M | -$600K | -$400K | -$12.7M | $14.7M |
| Net Cash from Investing | -$425.66M | -$1.31B | -$295.74M | -$334.5M | -$191.07M | -$132.46M | -$357.42M | -$284.48M | $112.11M | $460.94M | $38.48M | -$461.62M | -$1.27B | $241.96M | -$44.86M | $26.85M | -$45.35M | -$133.73M | -$248.55M | $178M | -$215.25M | $370.05M | $174.78M | -$82.96M | -$120.69M | -$230.89M | -$158.88M | -$99.96M | -$55.56M | -$124.74M | -$89.37M | -$45.55M | -$123.5M | -$6.6M | -$1.8M | -$19.6M | -$7.1M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | -$246.85M | -$644.54M | $8.27M | -$273.72M | $13.37M | $57.8M | -$210.32M | $31.4M | $145.91M | -$4.7M | $22.85M | -$62.13M | -$226.39M | -$84.22M | $59.54M | $181M | $346.82M | -$276.48M | -$356.33M | $150.41M | -$4.65M | $195.69M | $194.22M | -$84.52M | -$100.19M | -$172.83M | -$113.4M | -$15.18M | $5.5M | -$87.5M | -$71.64M | $66.64M | -$25.8M | $34.2M | -$900K | -$8.6M | $7.9M |
| Common Stock Issuance | $46K | $468M | $443K | $103.63M | $0 | $0 | $0 | $0 | $211.52M | $0 | $8K | $321.85M | $826.23M | $0 | $18K | $0 | $318.41M | $1.16M | $5.55M | $14.66M | $7.55M | $9.12M | $9.85M | $11.31M | $16.41M | $15.02M | $12.65M | $10.96M | $71.8M | $12.1M | $5.85M | $77K | $99.6M | -$100K | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$1.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$13.74M | -$47.79M | -$94.78M | -$74.83M | $0 | $0 | -$191.17M | $0 | -$15.84M | -$21.95M | $0 | $0 | $0 | -$5.54M | -$41.89M | -$12.47M | $0 | -$4.99M | $0 | $0 | $0 | $0 | $0 | $0 | $57.8M | $0 | $0 | -$900K |
| Dividends Paid | -$215.8M | -$195.41M | -$194.35M | -$192.28M | -$182.84M | -$176.26M | -$142.94M | -$107.17M | -$99.15M | -$50.55M | -$69.2M | -$61.55M | -$27.19M | -$18.75M | -$18.65M | -$12.18M | -$22.71M | -$77.46M | -$79.42M | -$5.95M | -$77.17M | -$448.28M | -$172.24M | -$73.34M | -$68.59M | -$60.31M | -$53.89M | -$47.06M | -$37.6M | -$31.9M | -$27.69M | -$25.06M | -$17.2M | -$11.5M | -$10.4M | -$10.4M | -$22.7M |
| Other Financing Activities | -$9.34M | -$10.66M | $1.95M | -$48.87M | $1.83M | $3.97M | $1.78M | -$9.03M | -$1.79M | -$478.95M | -$111K | -$6.57M | -$27.73M | -$16.14M | -$15.23M | -$2.54M | -$7.29M | -$35K | $1.2M | -$280M | $0 | $432.52M | $248.87M | $0 | $1K | $0 | $0 | $0 | $6K | -$20K | $0 | $0 | $900K | $0 | $0 | $0 | $18.7M |
| Net Cash from Financing | $21.76M | $906.47M | -$71.72M | -$35.69M | -$194.38M | -$230.09M | $69.16M | -$147.6M | -$169.34M | -$538.54M | -$188.14M | $318.24M | $952.94M | -$165.25M | -$13.46M | -$108.41M | -$71.32M | $158.3M | $246.46M | -$402.08M | $78.02M | -$548.76M | -$278.02M | -$21.24M | $35.53M | $127.53M | $67.17M | -$20.93M | $28.71M | $67.68M | $49.79M | -$18.34M | $109.1M | $20.6M | -$9.5M | -$1.8M | -$12.8M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.19M | $8.75M | $366K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$31.7M | -$31M | -$5.5M | -$6M | -$18M |
| Net Change in Cash | -$1.63M | $1.3M | $902K | -$5.02M | $4.03M | -$11.47M | $14.91M | -$203.05M | $154.42M | $33.68M | $2M | -$975K | -$175.92M | $172.03M | -$2.74M | -$1.86M | -$73.5M | $65.14M | $6.29M | $2.2M | -$80.15M | $76.43M | $6.41M | -$1.08M | $8.86M | $223K | $124K | -$31.35M | $31.1M | $46K | -$1.85M | -$28.28M | -$31M | -$5.6M | -$6M | -$18M | -$25.9M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $402.27M | $400.23M | $368.36M | $365.17M | $389.48M | $351.09M | $303.18M | $229.03M | $211.65M | $111.28M | $151.66M | $142.4M | $137.34M | $95.32M | $55.58M | $79.7M | $43.16M | $40.57M | $8.37M | $226.28M | $57.08M | $245.95M | $100.9M | $102.75M | $94.02M | $103.59M | $91.83M | $89.54M | $57.95M | $57.1M | $37.72M | $35.61M | $15.1M | $11.4M | $10.8M | $9.4M | $12M |
| Capital Expenditure | -$267.23M | -$252.73M | -$279.52M | -$342.24M | $0 | $0 | $0 | -$231.95M | -$333.36M | -$109.05M | -$184.99M | $0 | $0 | $0 | -$181.91M | -$33.76M | -$53.87M | -$159.13M | -$283.97M | -$460.91M | -$256.43M | -$174.51M | -$109.76M | -$87.99M | -$140.35M | -$215.96M | -$337.96M | -$194.25M | -$80.63M | -$162.15M | -$87.23M | -$53.57M | -$31.4M | -$6M | -$1.4M | -$6.9M | -$21.8M |
| Free Cash Flow | $135.04M | $147.5M | $88.84M | $22.93M | $389.48M | $351.09M | $303.18M | -$2.92M | -$121.71M | $2.23M | -$33.33M | $142.4M | $137.34M | $95.32M | -$126.33M | $45.94M | -$10.71M | -$118.56M | -$275.59M | -$234.63M | -$199.35M | $71.44M | -$8.85M | $14.76M | -$46.33M | -$112.37M | -$246.13M | -$104.72M | -$22.68M | -$105.05M | -$49.51M | -$17.97M | -$16.3M | $5.4M | $9.4M | $2.5M | -$9.8M |
| Cash at Beginning | $7.35M | $6.05M | $5.14M | $10.17M | $6.14M | $17.61M | $2.69M | $205.75M | $51.32M | $2M | $0 | $975K | $176.89M | $4.86M | $7.6M | $9.46M | $82.96M | $17.82M | $11.54M | $9.34M | $89.49M | $13.06M | $6.66M | $10.56M | $1.7M | $1.47M | $1.35M | $32.69M | $1.6M | $1.55M | $3.41M | $31.68M | $31M | $5.6M | $6M | $18M | $25.9M |
| Cash at End | $5.72M | $7.35M | $6.05M | $5.14M | $10.17M | $6.14M | $17.61M | $2.69M | $205.75M | $35.69M | $2M | $0 | $975K | $176.89M | $4.86M | $7.6M | $9.46M | $82.96M | $17.82M | $11.54M | $9.34M | $89.49M | $13.06M | $9.47M | $10.56M | $1.7M | $1.47M | $1.35M | $32.69M | $1.6M | $1.55M | $3.41M | $0 | $0 | $0 | $0 | $0 |