HIGHWOODS PROPERTIES, INC. (HIW)
Highwoods Properties, Inc., based in Raleigh, operates as an S&P MidCap 400 Index constituent. This publicly listed Real Estate Investment Trust (REIT), whose shares trade on the NYSE under the ticker HIW, focuses exclusively on office properties. Highwoods is a comprehensively integrated company, handling all aspects of its real estate portfolio from initial acquisition and development to leasing and day-to-day management. Its holdings are strategically concentrated in the prime business districts of several major U.S. cities, specifically Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, its headquarters city of Raleigh, Richmond, and Tampa.
Sector: Real Estate Investment Trusts
Industry: REIT - Office
Highwoods Properties, Inc.
NYSE:HIWReal Estate · REIT - Office
AHAfter hours-1.80%$31.62
Prev close$30.81+4.51%Close$32.20-1.80%Now$31.62
Close$32.20+4.51%
Mkt Cap$3.55B
Float108.84M
O/S110.32M
VOL1.18M sh
$ Vol$37.65M
RVOL0.96×
Inst Own-
SI11.0%
Div Yield6.25%
Dilution
Financials Summary
Revenue$806.11M
Net Income$159.61M
Total Assets$6.27B
Free Cash Flow$166.56M
Debt & Equity
Debt 60%
Equity 39%
Preferred 0%
Total Debt$3.64B
Total Equity$2.38B
Preferred Stock$26.69M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HIW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$6.27B
Liabilities$3.84B
Accounts Receivable$358.51M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$244.26M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue | $806.11M | $825.86M | $834M | $828.93M | $768.01M | $736.9M | $735.98M | $720.03M | $702.74M | $665.63M | $604.67M | $608.47M | $556.81M | $516.1M | $482.85M | $463.32M | $454.03M | $461M | $437.06M | $416.8M | $410.7M | $464.72M | $422.06M | $454.22M | $540.62M | $566.43M | $584.93M | $514.19M | $274.47M | $137.93M | $73.5M | $19.4M |
| YoY Growth | -2.4% | -1.0% | 0.6% | 7.9% | 4.2% | 0.1% | 2.2% | 2.5% | 5.6% | 10.1% | -0.6% | 9.3% | 7.9% | 6.9% | 4.2% | 2.0% | -1.5% | 5.5% | 4.9% | 1.5% | -11.6% | 10.1% | -7.1% | -16.0% | -4.6% | -3.2% | 13.8% | 87.3% | 99.0% | 87.7% | 278.9% | - |
| Cost of Revenue | $261.37M | $272.17M | $268.78M | $259.81M | $236.44M | $231.82M | $248.51M | $242.41M | $236.89M | $231.09M | $215.94M | $225.5M | $203.34M | $187.43M | $176.15M | $164.39M | $164.25M | $165.73M | $157.26M | $153.59M | $17.81M | $168.43M | $147.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $544.74M | $553.69M | $565.22M | $569.12M | $531.57M | $505.07M | $487.47M | $477.62M | $465.85M | $434.55M | $388.73M | $382.96M | $353.47M | $328.67M | $306.7M | $298.93M | $289.77M | $295.27M | $279.8M | $263.21M | $392.89M | $296.29M | $274.68M | $454.22M | $540.62M | $566.43M | $584.93M | $514.19M | $274.47M | $137.93M | $73.5M | $19.4M |
| Gross Margin | 67.6% | 67.0% | 67.8% | 68.7% | 69.2% | 68.5% | 66.2% | 66.3% | 66.3% | 65.3% | 64.3% | 62.9% | 63.5% | 63.7% | 63.5% | 64.5% | 63.8% | 64.0% | 64.0% | 63.1% | 95.7% | 63.8% | 65.1% | 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 | $1 | $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 | $40.31M | $41.9M | $42.86M | $42.27M | $40.55M | $41.03M | $44.07M | $40.01M | $39.65M | $38.15M | $37.64M | $36.22M | $37.19M | $37.38M | $35.73M | $32.95M | $36.68M | $38.04M | $41.57M | $37.31M | $33.06M | $41.76M | $24.82M | $24.58M | $21.4M | $21.86M | $22.34M | $20.78M | $10.22M | $5.67M | $2.7M | $800K |
| Other | $294.95M | $299.05M | $299.41M | $287.61M | $259.25M | $241.59M | $254.5M | $229.96M | $227.83M | $220.14M | $201.92M | $196.02M | $176.96M | $156.32M | $143.02M | $135.79M | $131.05M | $126.77M | $280.23M | $271.13M | $269M | $302.12M | $276.61M | $272.75M | $254.6M | $257.35M | $264.08M | $225.25M | $114.06M | $51.74M | -$30.8M | -$8.5M |
| Total Operating Expenses | $335.26M | $340.95M | $342.27M | $329.88M | $299.81M | $282.62M | $298.57M | $269.96M | $267.48M | $258.29M | $239.56M | $232.25M | $214.15M | $193.69M | $178.75M | $168.74M | $167.73M | $164.81M | $321.8M | $308.44M | $302.07M | $343.88M | $301.42M | $297.33M | $276.01M | $279.21M | $286.42M | $246.03M | $124.28M | $57.41M | -$28.1M | -$7.7M |
| Operating Income (EBIT) | $209.48M | $212.74M | $222.95M | $239.25M | $231.76M | $222.46M | $188.9M | $207.66M | $198.37M | $176.26M | $149.17M | $150.72M | $53.21M | $46.21M | $39.35M | $130.19M | $35.17M | $130.46M | $115.26M | $108.36M | $108.63M | $120.84M | $120.64M | $156.89M | $264.61M | $287.22M | $298.51M | $268.16M | $150.19M | $80.52M | $101.6M | $27.1M |
| Operating Margin | 26.0% | 25.8% | 26.7% | 28.9% | 30.2% | 30.2% | 25.7% | 28.8% | 28.2% | 26.5% | 24.7% | 24.8% | 9.6% | 9.0% | 8.1% | 28.1% | 7.7% | 28.3% | 26.4% | 26.0% | 26.5% | 26.0% | 28.6% | 34.5% | 48.9% | 50.7% | 51.0% | 52.2% | 54.7% | 58.4% | 138.2% | 139.7% |
| Interest Expense | $152.43M | $147.2M | $136.71M | $105.39M | $85.85M | $80.96M | $81.65M | $71.42M | $69.11M | $76.65M | $86.05M | $85.13M | $92.7M | $96.11M | $96M | $93.37M | $86.87M | $98.49M | $100.34M | $0 | $591K | $120.03M | $114.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.34M | $1.97M | $2.74M | $6.6M | $7.35M | $7.39M | $6.36M | $8.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$46.83M | -$108.49M | -$71.62M | -$75.29M | $91.55M | $135.46M | -$47.21M | -$30.03M | -$6.71M | -$53.71M | -$68.73M | -$37.1M | -$78.86M | -$84.25M | -$80.54M | -$66.1M | -$73.2M | -$98.47M | $35.35M | -$54.62M | -$88.13M | -$79.27M | -$64.95M | -$63.43M | $69.05M | $66.56M | $0 | $0 | $0 | $0 | -$101.6M | $0 |
| Income Before Tax (EBT) | $162.65M | $104.25M | $151.33M | $163.96M | $323.31M | $357.91M | $141.68M | $177.63M | $191.66M | $122.55M | $85.52M | $115.59M | $62.72M | $50.72M | $44.5M | -$485K | -$11K | $31.99M | $90.75M | $53.74M | $8.06M | $41.58M | $55.7M | $164.96M | $280.78M | $291.88M | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $83.98M | -$317.31M | $79.57M | $92.3M | $32.23M | $72.27M | $100.25M | $61.69M | $83.2M | $98.47M | $72.5M | $65.78M | $49.82M | $95.85M | $82.32M | $81.65M | $133.4M | $153.73M | $160.42M | $142.51M | $78.52M | $41.2M | $78.5M | $21.5M |
| Net Income | $159.61M | $102.25M | $148.72M | $159.06M | $313.28M | $347.4M | $136.92M | $171.84M | $185.37M | $524.29M | $97.08M | $110.96M | $125.46M | $79.59M | $45.13M | $68.5M | $58.49M | $31.99M | $90.75M | $53.74M | $62.46M | $41.58M | $55.7M | $93.46M | $131.21M | $133.49M | $138.09M | $125.65M | $71.68M | $39.32M | $23.1M | $5.6M |
| Net Income Margin | 19.8% | 12.4% | 17.8% | 19.2% | 40.8% | 47.1% | 18.6% | 23.9% | 26.4% | 78.8% | 16.1% | 18.2% | 22.5% | 15.4% | 9.3% | 14.8% | 12.9% | 6.9% | 20.8% | 12.9% | 15.2% | 8.9% | 13.2% | 20.6% | 24.3% | 23.6% | 23.6% | 24.4% | 26.1% | 28.5% | 31.4% | 28.9% |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| EPS | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 | 3.32 | 0.52 | 1.66 | 1.78 | 5.30 | 1.00 | 1.20 | 1.44 | 1.02 | 0.54 | 0.86 | 0.76 | 0.37 | 1.33 | 0.64 | 0.58 | 0.20 | 0.22 | 0.93 | 1.47 | 1.50 | 1.72 | 1.74 | 1.51 | 1.51 | 1.49 | 0.63 |
| Diluted EPS | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 | 3.32 | 0.51 | 1.62 | 1.78 | 5.30 | 1.00 | 1.19 | 1.44 | 1.02 | 0.54 | 0.86 | 0.76 | 0.37 | 1.31 | 0.62 | 0.58 | 0.20 | 0.22 | 0.93 | 1.46 | 1.50 | 1.71 | 1.74 | 1.50 | 1.51 | 1.48 | 0.63 |
| Weighted Average OS | 108.45M | 106.17M | 105.53M | 105.12M | 104.23M | 103.88M | 103.69M | 103.44M | 102.68M | 98.44M | 94.40M | 90.74M | 85.33M | 75.81M | 72.28M | 71.58M | 67.97M | 59.32M | 56.44M | 54.49M | 53.73M | 53.63M | 53.62M | 52.90M | 53.95M | 59.22M | 61.34M | 54.79M | 38.77M | 26.11M | 15.50M | 8.89M |
| EBITDA | $610.04M | $550.5M | $587.45M | $556.95M | $668.42M | $680.46M | $477.83M | $479.01M | $488.6M | $419.33M | $387.53M | $311.61M | $317.24M | $294.75M | $269.54M | $235.01M | $167.32M | $238.02M | $177.57M | $151.4M | $216.93M | $484.13M | $534.29M | $888.4M | $335.83M | $347.83M | $413.68M | $362.46M | $199.98M | $104.52M | $114.3M | $30.4M |
| EBITDA Margin | 75.7% | 66.7% | 70.4% | 67.2% | 87.0% | 92.3% | 64.9% | 66.5% | 69.5% | 63.0% | 64.1% | 51.2% | 57.0% | 57.1% | 55.8% | 50.7% | 36.9% | 51.6% | 40.6% | 36.3% | 52.8% | 104.2% | 126.6% | 195.6% | 62.1% | 61.4% | 70.7% | 70.5% | 72.9% | 75.8% | 155.5% | 156.7% |
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 | $27.36M | $22.41M | $25.12M | $21.36M | $23.15M | $109.32M | $9.51M | $3.77M | $3.27M | $49.49M | $5.04M | $8.83M | $10.18M | $13.78M | $11.19M | $14.21M | $23.7M | $13.76M | $3.14M | $16.69M | $1.21M | $24.48M | $18.56M | $11.02M | $576K | $104.78M | $34.5M | $31.45M | $10.15M | $11.07M | $6.8M | $0 |
| 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 | $27.36M | $22.41M | $25.12M | $21.36M | $23.15M | $109.32M | $9.51M | $3.77M | $3.27M | $49.49M | $5.04M | $8.83M | $10.18M | $13.78M | $11.19M | $14.21M | $23.7M | $13.76M | $3.14M | $16.69M | $1.21M | $24.48M | $18.56M | $11.02M | $576K | $104.78M | $34.5M | $31.45M | $10.15M | $11.07M | $6.8M | $0 |
| Accounts Receivable | $358.51M | $337.14M | $343.54M | $319.15M | $283.55M | $283.17M | $258.02M | $251.64M | $231.54M | $199.03M | $177.37M | $192.07M | $152.44M | $165.54M | $154.7M | $114.15M | $106.81M | $103.67M | $103.17M | $91.71M | $24.2M | $23.87M | $69.02M | $48.78M | $72.74M | $63.3M | $58.8M | $55.14M | $30.73M | $15.22M | $0 | $500K |
| Inventory | $0 | $55.41M | $0 | $0 | $0 | $0 | $0 | $6.37M | $85.1M | $29.14M | $240.95M | $14.64M | $14.17M | $19.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$12.23M | $83.99M | $71.57M | $70.28M | $86.6M | $154.17M | $26.03M | -$5.6M | $113.6M | $69.58M | $0 | $14.6M | $40.85M | $64.13M | $68.09M | $4.4M | $6.84M | $2.26M | $15.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $373.64M | $498.95M | $440.23M | $410.79M | $393.34M | $546.66M | $293.55M | $290.63M | $348.48M | $318.1M | $468.87M | $266.67M | $242.77M | $243.51M | $229.44M | $192.01M | $175.3M | $160.33M | $26.66M | $40.04M | $25.41M | $39.91M | $36.39M | $24.59M | $73.31M | $168.08M | $93.29M | $86.59M | $40.88M | $26.29M | $6.8M | $500K |
| Long-Term Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $4.9B | $4.82B | $4.29B | $4.43B | $4.04B | $3.96B | $3.93B | $3.69B | $3.17B | $3.2B | $2.58B | $2.72B | $2.52B | $2.55B | $2.62B | $2.62B | $2.55B | $2.51B | $2.98B | $3.05B | $3.13B | $3.36B | $3.26B | $3.72B | $4.06B | $2.61B | $1.38B | $593.1M | $208M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $244.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 Investments | $5.54B | $485.73M | $343.24M | $269.22M | $7.38M | $27.1M | $26.3M | $23.59M | $23.9M | $18.85M | $20.68M | $27.07M | $29.9M | $66.8M | $100.37M | $63.61M | $66.08M | $67.72M | $58.05M | $60.36M | $69.25M | $72.61M | $74.67M | $79.5M | $84.18M | $105.98M | $54.07M | $31.51M | $9.07M | $2.41M | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.68B | $4.62B | $4.56B | $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 | -$5.32B | $5.03B | $5.22B | $487.66M | $477.64M | $345.84M | $391.01M | $4.36B | $4.25B | $4.22B | $309.91M | $541.39M | $332.58M | $463.09M | $133.34M | $94.53M | $91.48M | $97.5M | -$2.62B | -$2.55B | -$2.51B | -$2.98B | -$3.05B | -$3.13B | -$3.45B | -$3.36B | -$3.78B | -$4.09B | -$2.62B | -$1.38B | -$593.1M | -$208M |
| Total Long-Term Assets | $471.58M | $5.52B | $5.56B | $5.65B | $5.3B | $4.66B | $4.84B | $4.38B | $4.28B | $4.24B | $4.02B | $3.74B | $3.56B | $3.11B | $2.95B | $2.68B | $2.71B | $2.79B | $58.05M | $60.36M | $69.25M | $72.61M | $74.67M | $79.5M | $3.45B | $3.36B | $3.78B | $4.09B | $2.62B | $1.38B | $593.1M | $208M |
| Other Assets | $5.43B | $13.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.84B | $2.74B | $2.81B | $3.13B | $3.22B | $3.29B | $128.61M | $171.46M | $146.53M | $140.78M | $57.7M | $36.87M | $21.2M | $16.3M |
| Total Assets | $6.27B | $6.03B | $6B | $6.06B | $5.7B | $5.21B | $5.14B | $4.68B | $4.62B | $4.56B | $4.49B | $4B | $3.81B | $3.35B | $3.18B | $2.87B | $2.89B | $2.95B | $2.93B | $2.84B | $2.91B | $3.24B | $3.33B | $3.4B | $3.65B | $3.7B | $4.02B | $4.31B | $2.72B | $1.44B | $621.1M | $224.8M |
| Liabilities | ||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Accounts Payable | $0 | $204.18M | $187.33M | $273.18M | $263.32M | $239.4M | $252.46M | $218.92M | $228.22M | $313.88M | $233.99M | $231.48M | $218.96M | $172.15M | $148.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21K | $0 | $0 | $0 |
| Short-Term Debt | $8.8M | $9.23M | $6.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.9B | $1.52B | $1.47B | $1.64B | $1.64B | $0 | $0 | $65.31M | $125.78M | $0 | $77.69M | $75.17M | $0 | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | -$263.32M | $0 | $0 | -$4.39B | -$4.05B | -$4.01B | $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 | $89.08M | -$446K | $0 | $294.98M | $0 | $0 | -$31.08M | -$34.12M | -$42.47M | -$37.59M | $6.15M | -$51.35M | $0 | $214K | $106.72M | $117.33M | $101.44M | -$1.64B | $0 | $0 | -$65.31M | -$125.78M | $0 | -$77.69M | -$75.17M | $0 | $0 | -$55.12M | -$27.6M | -$11.1M | $0 |
| Total Current Liabilities | $8.8M | $304.55M | $193.83M | $273.18M | $294.98M | $239.4M | $252.46M | $218.92M | $228.22M | $313.88M | $248.11M | $237.63M | $218.96M | $172.15M | $2.05B | $1.63B | $1.59B | $1.74B | $262.9M | $272M | $255.8M | $298.9M | $353.4M | $309.2M | $323.4M | $323.1M | $357.6M | $409.6M | $342.3M | $117.2M | $84.6M | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | $3.59B | $3.29B | $3.21B | $3.2B | $2.79B | $2.47B | $2.54B | $2.09B | $2.01B | $1.95B | $2.49B | $2.07B | $1.97B | $1.87B | $1.9B | $0 | $0 | $0 | $1.64B | $1.47B | $1.51B | $1.57B | $1.84B | $1.53B | $1.72B | $1.59B | $1.77B | $2.01B | $978.56M | $555.88M | $182.7M | $66.9M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.3B | $2.24B | $2.26B | $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 | $0 | $0 | $0 | $25.65M | $31.73M | $38.15M | $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 | $200.79M | $95.58M | $108.35M | $28.01M | $0 | $28.48M | $34.3M | $0 | $0 | $0 | $7.8M | $0 | $67.59M | $17.57M | -$1.9B | $33.11M | $0 | $0 | -$1.68B | -$1.47B | -$1.54B | -$1.64B | -$1.84B | -$1.53B | -$1.72B | -$1.59B | -$1.77B | -$2.01B | -$978.56M | -$555.88M | -$182.7M | -$66.9M |
| Total Long-Term Liabilities | $3.83B | $3.39B | $3.32B | $3.23B | $2.79B | $2.5B | $2.58B | $2.09B | $2.01B | $1.95B | $2.5B | $2.09B | $1.98B | $1.89B | $31.44M | $33.11M | $37.71M | $34.17M | $1.64B | $1.47B | $1.47B | $1.57B | $1.72B | $1.53B | $1.72B | $1.59B | $1.77B | $2.01B | $978.6M | $555.9M | $182.7M | $66.9M |
| Other Liabilities | $0 | -$95.58M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$70.08M | -$79.7M | -$94.17M | -$113.68M | -$400.67M | -$188.57M | -$203.13M | -$213.26M | -$245.64M | -$279.01M | -$287.22M | -$89.62M | -$73.5M | $0 |
| Total Liabilities | $3.84B | $3.6B | $3.52B | $3.5B | $3.08B | $2.74B | $2.83B | $2.3B | $2.24B | $2.26B | $2.75B | $2.33B | $2.2B | $2.06B | $2.08B | $1.66B | $1.62B | $1.77B | $1.83B | $1.66B | $1.63B | $1.76B | $1.67B | $1.65B | $1.84B | $1.7B | $1.88B | $2.14B | $1.03B | $583.48M | $193.8M | $66.9M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||
| Preferred Stock | $26.69M | $28.81M | $28.81M | $28.82M | $28.82M | $28.83M | $28.86M | $28.88M | $28.89M | $28.92M | $29.05M | $29.06M | $29.08M | $29.08M | $29.08M | $81.59M | $81.59M | $81.59M | $82.94M | $197.44M | $247.44M | $377.44M | $104.94M | $377.44M | $377.44M | $397.5M | $397.5M | $397.5M | $297.5M | $0 | $0 | $0 |
| Common Stock | $1.1M | $1.08M | $1.06M | $1.05M | $1.05M | $1.04M | $1.04M | $1.04M | $1.03M | $1.02M | $961K | $929K | $899K | $803K | $726K | $717K | $713K | $636K | $572K | $562K | $540K | $538K | $535K | $534K | $529K | $581K | $621K | $599K | $468K | $356K | $0 | $0 |
| Retained Earnings | -$870.08M | -$810.61M | -$698.02M | $0 | -$579.62M | $0 | $0 | -$769.3M | -$747.34M | -$749.41M | -$1.02B | -$966.14M | -$920.43M | -$897.42M | -$845.85M | -$761.78M | -$701.93M | -$639.28M | -$561.09M | -$538.1M | -$479.9M | -$419.08M | -$271.97M | -$197.65M | -$135.88M | -$110.21M | -$77.67M | -$48.69M | -$28.63M | -$10.57M | -$1.6M | $600K |
| Comprehensive Income & Other | -$2.49M | -$2.25M | -$2M | -$634.44M | -$973K | -$687.69M | -$832.28M | $9.91M | $7.84M | $4.95M | -$3.81M | -$3.91M | -$2.61M | -$12.63M | -$5.73M | -$3.65M | -$3.81M | -$4.79M | -$938K | -$1.51M | -$2.21M | -$2.81M | -$3.65M | -$9.2M | -$9.44M | -$280.61M | -$238.13M | -$169.27M | -$87.5M | -$43.16M | $0 | $0 |
| Other Stockholders' Equity | $3.25B | $3.17B | $3.13B | $2.48B | $3.06B | $2.34B | $2.15B | $3.01B | $2.97B | $2.88B | $2.62B | $2.49B | $2.4B | $2.06B | $1.83B | $1.84B | $1.83B | $1.74B | $1.58B | $1.65B | $1.66B | $1.79B | $1.76B | $1.75B | $1.74B | $1.9B | $1.97B | $1.94B | $1.43B | $780.56M | $355.4M | $135.6M |
| Total Equity | $2.38B | $2.36B | $2.43B | $2.48B | $2.48B | $2.34B | $2.15B | $2.25B | $2.22B | $2.14B | $1.6B | $1.52B | $1.48B | $1.16B | $982.21M | $1.08B | $1.13B | $1.1B | $1.02B | $1.11B | $1.18B | $1.37B | $1.49B | $1.56B | $1.61B | $1.79B | $1.89B | $1.9B | $1.4B | $770.35M | $353.8M | $136.2M |
| Minority Interest | $56.67M | $70.08M | $54.24M | $88.21M | $134.1M | $134.54M | $155.23M | $123.54M | $161.43M | $162.76M | $144.4M | $148.16M | $127.88M | $129.62M | $115.3M | $125.3M | $134.95M | $71.81M | $70.1M | $79.73M | $94.13M | $113.73M | $165.25M | $188.56M | $203.18M | $213.21M | $245.66M | $279.04M | $287.19M | $89.62M | $73.5M | $16M |
| Total Liabilities and Equity | $6.22B | $5.96B | $5.95B | $5.98B | $5.56B | $5.07B | $4.98B | $4.55B | $4.46B | $4.4B | $4.35B | $3.86B | $3.68B | $3.22B | $3.07B | $2.75B | $2.75B | $2.87B | $2.86B | $2.77B | $2.81B | $3.13B | $3.16B | $3.21B | $3.45B | $3.49B | $3.77B | $4.04B | $2.44B | $1.35B | $547.6M | $203.1M |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Total Debt | $3.64B | $3.29B | $3.21B | $3.2B | $2.79B | $2.47B | $2.54B | $2.09B | $2.01B | $1.95B | $2.5B | $2.08B | $1.97B | $1.87B | $1.9B | $1.52B | $1.47B | $1.64B | $1.68B | $1.5B | $1.51B | $1.64B | $1.56B | $1.53B | $1.72B | $1.59B | $1.77B | $2.01B | $978.56M | $555.88M | $182.7M | $66.9M |
| Net Debt | $3.61B | $3.27B | $3.19B | $3.18B | $2.77B | $2.36B | $2.53B | $2.08B | $2.01B | $1.9B | $2.49B | $2.07B | $1.96B | $1.86B | $1.89B | $1.51B | $1.45B | $1.63B | $1.67B | $1.48B | $1.5B | $1.61B | $1.54B | $1.52B | $1.72B | $1.48B | $1.73B | $1.98B | $968.41M | $544.81M | $175.9M | $66.9M |
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 | $74K | $104.25M | $148.72M | $163.96M | $323.31M | $357.91M | $141.68M | $177.63M | $191.66M | $541.14M | $101.26M | $115.97M | $131.1M | $84.23M | $47.97M | $72.3M | $61.69M | $31.99M | $90.75M | $54.24M | $62.46M | $37.28M | $23.81M | $70.67M | $131.93M | $142.91M | $144.06M | $126.39M | $83.3M | $43.93M | $24M | $6.9M |
| Depreciation & Amortization | $294.95M | $299.05M | $299.41M | $287.61M | $259.25M | $241.59M | $254.5M | $229.96M | $227.83M | $220.14M | $216.04M | $196.47M | $183.06M | $158.68M | $143.15M | $136.16M | $116.82M | $112.3M | $109.55M | $103.78M | $110.85M | $115.84M | $111.86M | $108.42M | $124.11M | $122.52M | $115.17M | $94.3M | $49.79M | $24.01M | $12.7M | $3.3M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | -$207.21M | -$34.21M | -$31.01M | -$45.02M | -$425.61M | -$9.73M | -$37.02M | -$54.79M | -$25.23M | $4.46M | -$15.41M | $7.02M | $0 | $0 | -$1.35M | $0 | $0 | -$18.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $8.21M | $8M | $6.98M | $7.55M | $8.65M | $6.21M | $7.18M | $7.47M | $6.69M | $6.25M | $6.88M | $6.94M | $6.9M | $7.61M | $6.09M | $6.57M | $6.57M | $0 | $0 | $3.73M | $0 | $0 | $21.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||
| Accounts Receivable | -$12.53M | -$12.85M | -$25.06M | -$40.38M | -$16.36M | -$36.14M | -$33.1M | -$21.44M | -$37.21M | -$20.84M | -$21.34M | -$24.8M | -$19.17M | -$14.79M | -$8.5M | -$3.29M | $336K | -$1.88M | -$9.09M | -$9.41M | -$17.76M | -$6.89M | -$5.68M | $2.36M | -$13.79M | -$12.66M | -$10.1M | -$20.9M | -$18.8M | -$5M | -$3.3M | -$800K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$70.49M | -$112.61M | -$8.64M | -$219.5M | -$29.65M | -$23.12M | -$72.49M | $1.81B | $1.43B | $1.4B | $1.57B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.33M | $2.14M | $86.1M | $0 |
| Accounts Payable | -$13.98M | $14.04M | $3.87M | $22.22M | $8.19M | -$5.95M | $24.23M | -$7.1M | -$1.52M | -$11.62M | -$8.89M | $8.39M | $15.38M | -$18.37M | $16.7M | $5.01M | $2.96M | -$15.99M | $8.8M | -$2.49M | $4.03M | $940K | -$14.18M | -$12.84M | $10.34M | -$2.12M | -$29.7M | $41.4M | $6.6M | $4.4M | $4.8M | $2.9M |
| Other Working Capital | $2.21M | $2.67M | $1.26M | $1.69M | $1.57M | -$365K | $1.61M | $71.7M | $120.52M | $4.22M | $220.76M | $29.04M | $23.8M | $71.36M | -$1.82B | -$1.44B | -$1.41B | -$1.58B | $285K | $11.91M | $13.73M | $5.95M | $19.86M | $10.48M | $3.45M | $14.78M | $39.8M | -$20.5M | $5.35M | -$2.18M | -$84.6M | $2.1M |
| Total Working Capital Change | -$24.3M | $3.86M | -$19.93M | -$16.47M | -$6.59M | -$42.45M | -$7.26M | -$27.33M | -$30.82M | -$36.88M | -$28.97M | -$17.02M | -$3.11M | -$34.29M | -$5.8M | -$9.8M | -$3.37M | -$24.22M | -$285K | -$11.91M | -$13.73M | -$5.95M | -$19.86M | -$10.48M | -$3.45M | -$14.78M | -$39.75M | $20.47M | -$12.18M | -$634K | $3M | $4.2M |
| Other Non-Cash Items | $88.37M | -$11.57M | -$41.63M | -$20.87M | -$170.06M | $2.12M | $3.9M | $1.91M | $2.19M | $774K | $3.39M | $1.58M | -$6.71M | $2.4M | -$476K | $708K | $392K | $37.75M | -$38.34M | -$2.96M | -$5.45M | $25.41M | $34.37M | $32.88M | -$5.02M | $5.76M | $13.47M | $22.27M | $9.29M | $4.01M | $3.5M | -$1.2M |
| Net Cash from Operating | $367.31M | $403.58M | $393.56M | $421.78M | $414.56M | $358.16M | $365.8M | $358.63M | $352.53M | $305.81M | $288.88M | $266.91M | $256.44M | $193.42M | $195.4M | $190.54M | $189.12M | $157.82M | $161.66M | $145.53M | $154.13M | $172.58M | $153.25M | $201.49M | $247.56M | $256.4M | $232.95M | $263.43M | $130.19M | $71.32M | $43.2M | $13.2M |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditures | -$200.75M | $0 | -$176.6M | -$264K | $0 | -$2.36M | -$424.22M | -$50.65M | -$1.84M | -$110.25M | -$408.63M | -$163.64M | -$418.8M | -$269.85M | -$184.57M | -$102.72M | -$151.48M | -$231.42M | -$287.49M | -$222.03M | -$167.76M | -$127M | -$203.36M | -$130.87M | -$351.98M | -$423.25M | -$511.06M | -$943.45M | -$465.07M | -$181.44M | -$130.4M | -$17.1M |
| Acquisitions | -$441.52M | -$153.36M | -$18.22M | -$261.77M | -$133.42M | -$2.36M | -$9.98M | -$50.65M | -$10.06M | $343K | $27.06M | -$5.96M | -$33.25M | $8.29M | $20.74M | $11.75M | $89.48M | $92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $729.95M | $0 | $26.35M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$41.51M | $0 | -$180.92M | -$24K | -$84K | -$160.64M | -$126.09M | -$150.31M | -$161.01M | -$185.91M | -$139.09M | $0 | $0 | $0 | -$39.9M | -$2.88M | -$952K | -$12.74M | $0 | $0 | $0 | $0 | -$15.89M | -$12.7M | $0 | -$757.97M | -$701.08M | -$27.65M | -$6.67M | -$1.13M | $0 | $0 |
| Sales of Investments | $227.14M | $0 | $191.72M | $288K | $301K | $484.62M | $133.62M | $90.13M | $132.42M | $686.52M | $74.25M | $0 | $0 | $0 | $4.76M | $15M | $3.96M | $3.21M | $2.92M | $0 | $0 | $1.4M | $0 | $0 | $161.39M | $729.95M | $696.4M | $26.3M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $7.88M | -$149.07M | $8.07M | -$353.03M | -$154.48M | -$208.57M | -$180.74M | -$256.1M | -$244.32M | $313.8M | -$272.58M | -$158.58M | $95.44M | $22.74M | -$16.5M | $684K | -$2.83M | $14.61M | $133.87M | $286.76M | $368.69M | $173.78M | $284.76M | $339.16M | $50.95M | $7.53M | $675.76M | -$121.63M | -$52.55M | -$304.29M | -$5.6M | -$90.8M |
| Net Cash from Investing | -$448.77M | -$302.44M | -$175.96M | -$614.8M | -$287.68M | $110.68M | -$607.41M | -$306.75M | -$256.22M | $203.89M | -$654.16M | -$328.18M | -$356.6M | -$238.81M | -$215.48M | -$78.16M | -$61.82M | -$134.34M | -$150.7M | $64.73M | $200.93M | $48.19M | $65.51M | $195.59M | -$139.65M | $286.21M | $160.03M | -$1.04B | -$524.28M | -$486.87M | -$136M | -$107.9M |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Debt Repaid | -$262.01M | $7.06M | -$17.63M | -$93.56M | $153.78M | -$146.41M | -$421.11M | -$134.06M | $176.55M | $245.99M | -$317.16M | -$119.74M | $261.14M | -$288.34M | -$186.6M | $17.75M | -$31.85M | -$19.04M | -$322.46M | $221.43M | $129.56M | $73.07M | $76.86M | $151.18M | -$128.29M | $179.1M | $184.1M | -$669.68M | $140.2M | -$68.7M | $94.8M | $51.2M |
| Common Stock Issuance | $61.59M | $53.52M | $1.51M | $7.57M | $23.92M | $3.57M | $2.09M | $3.64M | $76.27M | $264.77M | $131.34M | $117.72M | $316.08M | $249.49M | $23.27M | $3M | $150.94M | $209.98M | $7.07M | $42.8M | $1.65M | $3.27M | $0 | $5.61M | $1.42M | $74K | $17.6M | $198.44M | $345.32M | $406.6M | $219.8M | $164.4M |
| Common Stock Repurchases | -$2.13M | -$1.44M | -$173K | -$5.92M | -$1.72M | -$1.16M | -$1.79M | -$1.68M | -$4.01M | -$4.42M | -$3.76M | -$3.6M | -$2.56M | -$2.72M | $0 | $0 | $0 | -$55.79M | -$27.47M | -$26.48M | -$11.32M | -$1.17M | -$19.07M | -$4.41M | -$148.79M | -$101.14M | -$25.5M | $0 | $0 | -$5K | $0 | $0 |
| Dividends Paid | -$216.73M | -$212.35M | -$211.02M | -$210.18M | -$204.18M | -$199.33M | -$196.94M | -$191.3M | -$262.01M | -$166.86M | -$160.34M | -$154.16M | -$145.96M | -$128.65M | -$122.75M | -$121.64M | -$114.43M | -$100.27M | -$103.72M | -$101.78M | -$101.48M | -$101.64M | -$111.8M | -$141.18M | -$142.89M | -$151.89M | -$154.09M | -$136.89M | -$88.4M | -$55.52M | -$29.8M | -$5M |
| Other Financing Activities | -$11.56M | -$13.23M | -$11.21M | -$10.61M | -$16.67M | -$20.31M | -$14.76M | -$9.28M | -$18.71M | -$11.11M | -$10.4M | -$10.56M | $2.35M | -$16.96M | -$12.99M | -$8.77M | -$16.01M | -$9.36M | -$1.42M | $23K | -$876K | -$14.52M | $25.39M | -$1.52M | -$159K | -$2.98M | -$3.9M | $400K | $0 | $0 | -$1.8M | -$7.7M |
| Net Cash from Financing | $90.83M | -$99.04M | -$205.75M | $187.93M | -$284.93M | -$294.34M | $246.21M | -$130.07M | -$142.53M | -$465.24M | $361.48M | $59.91M | $96.57M | $47.99M | $17.07M | -$121.88M | -$117.35M | -$12.86M | -$24.51M | -$194.78M | -$378.33M | -$217.98M | -$211.22M | -$386.63M | -$212.12M | -$472.33M | -$389.93M | $797.95M | $393.17M | $419.78M | $93.4M | $100.5M |
| Forex Effect | $0 | $0 | -$6.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $94.7M |
| Net Change in Cash | $9.37M | $2.11M | $5.46M | -$5.09M | -$158.05M | $174.5M | $4.6M | -$78.19M | -$46.22M | $44.45M | -$3.8M | -$1.35M | -$3.6M | $2.6M | -$3.02M | -$9.49M | $9.94M | $10.62M | -$13.55M | $15.48M | -$23.27M | $2.79M | $7.55M | $10.44M | -$104.2M | $70.28M | $3.05M | $21.3M | -$924K | $4.23M | $600K | $100.5M |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | $367.31M | $403.58M | $393.56M | $421.78M | $414.56M | $358.16M | $365.8M | $358.63M | $352.53M | $305.81M | $288.88M | $266.91M | $256.44M | $193.42M | $195.4M | $190.54M | $189.12M | $157.82M | $161.66M | $145.53M | $154.13M | $172.58M | $153.25M | $201.49M | $247.56M | $256.4M | $232.95M | $263.43M | $130.19M | $71.32M | $43.2M | $13.2M |
| Capital Expenditure | -$200.75M | $0 | -$176.6M | -$264K | $0 | -$2.36M | -$424.22M | -$50.65M | -$1.84M | -$110.25M | -$408.63M | -$163.64M | -$418.8M | -$269.85M | -$184.57M | -$102.72M | -$151.48M | -$231.42M | -$287.49M | -$222.03M | -$167.76M | -$127M | -$203.36M | -$130.87M | -$351.98M | -$423.25M | -$511.06M | -$943.45M | -$465.07M | -$181.44M | -$130.4M | -$17.1M |
| Free Cash Flow | $166.56M | $403.58M | $216.95M | $421.51M | $414.56M | $355.8M | -$58.42M | $307.98M | $350.69M | $195.56M | -$119.75M | $103.27M | -$162.36M | -$76.43M | $10.83M | $87.82M | $37.64M | -$73.6M | -$125.83M | -$76.5M | -$13.63M | $45.59M | -$50.1M | $70.61M | -$104.42M | -$166.84M | -$278.11M | -$680.01M | -$334.87M | -$110.13M | -$87.2M | -$3.9M |
| Cash at Beginning | $33.68M | $31.57M | $26.11M | $31.2M | $189.24M | $14.74M | $10.14M | $88.33M | $49.49M | $5.04M | $8.83M | $10.18M | $13.78M | $11.19M | $14.21M | $23.7M | $13.76M | $3.14M | $16.69M | $1.21M | $24.48M | $21.7M | $11.02M | $576K | $104.78M | $34.5M | $31.45M | $10.15M | $11.07M | $6.84M | $6.3M | $0 |
| Cash at End | $43.05M | $33.68M | $31.57M | $26.11M | $31.2M | $189.24M | $14.74M | $10.14M | $3.27M | $49.49M | $5.04M | $8.83M | $10.18M | $13.78M | $11.19M | $14.21M | $23.7M | $13.76M | $3.14M | $16.69M | $1.21M | $24.48M | $18.56M | $11.02M | $576K | $104.78M | $34.5M | $31.45M | $10.15M | $11.07M | $6.9M | $100.5M |