KIRBY CORP (KEX)
Kirby Corporation is a leading operator of domestic tank barges within the United States. Its Marine Transportation division specializes in moving bulk liquid products, providing comprehensive marine transport and towing services. These operations cover an extensive network, including the Mississippi River System, the Gulf Intracoastal Waterway, all three U.S. coastlines, and extend to Alaska and Hawaii. The company transports a wide array of materials, such as petrochemicals, various black and refined petroleum products, and agricultural chemicals, primarily via tank barge. This segment also manages offshore dry-bulk barges and their accompanying tugboat units, facilitating the coastal transport of dry-bulk commodities across the U.S. As of December 31, 2021, Kirby's substantial fleet consisted of 1,025 inland tank barges, approximately 255 inland towboats, 31 coastal tank barges, 29 coastal tugboats, 4 offshore dry-bulk cargo barges, 4 offshore tugboats, and a single docking tugboat. The Distribution and Services segment focuses on providing critical support and equipment solutions. This includes selling aftermarket services and authentic replacement parts for a diverse range of machinery, such as engines, transmissions, reduction gears, electric motors, drives, controls, electrical distribution and control systems, energy storage battery systems, and related oilfield service equipment. A key offering is the rebuilding of essential components like diesel engines, transmissions, and reduction gears, along with other related equipment used across various sectors including oilfield services, marine, power generation, on-highway transportation, and other industrial applications. Additionally, this division rents out vital equipment, including generators, industrial compressors, high-capacity lift trucks, and refrigeration trailers. Kirby further extends its capabilities by manufacturing and remanufacturing oilfield service equipment, notably pressure pumping units, as well as producing electric power generation equipment, specialized electrical distribution and control systems, and robust energy storage/battery systems tailored for oilfield clients. Kirby Corporation serves a broad clientele, encompassing both various private businesses and the United States government. Established in 1921, the company was initially known as Kirby Exploration Company, Inc., before its renaming to Kirby Corporation in 1990. Its corporate headquarters are located in Houston, Texas.
Sector: Water Transportation
Industry: Marine Shipping
Kirby Corporation
NYSE:KEXIndustrials · Marine Shipping
+1.25%$133.15
AH Close$133.15+0.00%vs close
AH Close$133.15+0.00%vs close
Mkt Cap$7.03B
Float52.38M
O/S52.8M
Inst Own100.8%
SI4.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.36B
Net Income$354.57M
Total Assets$6.04B
Free Cash Flow$405.73M
Debt & Equity
Debt 28%
Equity 72%
Total Debt$1.3B
Total Equity$3.38B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitJun 1, 20061 share → 2
Balance Sheet Details
Assets$6.04B
Liabilities$2.65B
Accounts Receivable$543.12M
Accounts Payable$218.61M
Inventory$398.03M
PP&E (Net)$4.29B
Goodwill$438.75M
Intangible Assets$30.16M
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 | $3.36B | $3.27B | $3.09B | $2.78B | $2.25B | $2.17B | $2.84B | $2.97B | $2.21B | $1.77B | $2.15B | $2.57B | $2.24B | $2.11B | $1.85B | $1.11B | $1.08B | $1.36B | $1.17B | $984.22M | $795.72M | $675.32M | $613.47M | $535.4M | $566.88M | $512.64M | $365.6M | $327.08M | $335.2M | $320.02M | $318.23M | $356.35M | $378.6M | $269.5M | $189M | $175.8M | $141.3M | $97.9M | $47.6M | $60.7M |
| YoY Growth | 3.0% | 5.6% | 11.0% | 24.0% | 3.5% | -23.5% | -4.5% | 34.2% | 25.1% | -17.5% | -16.3% | 14.5% | 6.1% | 14.2% | 66.8% | 2.5% | -20.4% | 16.0% | 19.1% | 23.7% | 17.8% | 10.1% | 14.6% | -5.6% | 10.6% | 40.2% | 11.8% | -2.4% | 4.7% | 0.6% | -10.7% | -5.9% | 40.5% | 42.6% | 7.5% | 24.4% | 44.3% | 105.7% | -21.6% | - |
| Cost of Revenue | $2.48B | $2.44B | $2.39B | $2.26B | $1.87B | $1.73B | $2.25B | $2.39B | $1.76B | $1.33B | $1.55B | $1.86B | $1.61B | $1.55B | $1.35B | $778.53M | $637.83M | $843.31M | $735.43M | $631.33M | $515.25M | $430.27M | $395.04M | $334.15M | $351.15M | $315.44M | $233.08M | $212.24M | $218.1M | $206.47M | $248.01M | $297.15M | $204.7M | $178.3M | $0 | $0 | $0 | $0 | $28.7M | $32.9M |
| Gross Profit | $883.42M | $825.2M | $700.06M | $522.37M | $379.98M | $440.67M | $588.72M | $584.78M | $453.44M | $445.09M | $592.93M | $702.12M | $628.95M | $557.85M | $495.95M | $331.02M | $444.32M | $516.84M | $437.2M | $352.88M | $280.47M | $245.05M | $218.43M | $201.26M | $215.73M | $197.21M | $132.53M | $114.84M | $117.1M | $113.55M | $70.22M | $59.19M | $173.9M | $91.2M | $0 | $0 | $0 | $0 | $18.9M | $27.8M |
| Gross Margin | 26.3% | 25.3% | 22.6% | 18.8% | 16.9% | 20.3% | 20.7% | 19.7% | 20.5% | 25.1% | 27.6% | 27.4% | 28.1% | 26.4% | 26.8% | 29.8% | 41.1% | 38.0% | 37.3% | 35.9% | 35.2% | 36.3% | 35.6% | 37.6% | 38.1% | 38.5% | 36.2% | 35.1% | 34.9% | 35.5% | 22.1% | 16.6% | 45.9% | 33.8% | - | - | - | - | 39.7% | 45.8% |
| 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 | $356.31M | $337.1M | $335.21M | $302.69M | $266.91M | $258.27M | $277.39M | $304.4M | $220.45M | $174.86M | $193.24M | $210.42M | $177.77M | $178.48M | $170.39M | $117.69M | $121.4M | $142.17M | $121.95M | $107.73M | $88.65M | $82.92M | $73.15M | $66.86M | $69.72M | $60.78M | $42.83M | $39.47M | $40.3M | $40.41M | $41.44M | $48.05M | $88.8M | $32.8M | $23.1M | $18.3M | $15.2M | $0 | $6.3M | $8.6M |
| Other | $35.62M | $89.01M | $29.76M | $26.79M | $371.2M | $603.16M | $69.31M | $125.09M | $139.36M | $22.86M | $19.03M | $15.9M | $15.01M | $14.53M | $13.22M | $13.29M | $106.89M | $104.18M | $94.46M | $75.79M | $67.31M | $69.07M | $66.57M | $73.73M | $61.55M | $58.63M | $44.36M | $43.36M | $34.64M | $22.46M | $2.31M | $315.99M | $16.6M | $12.5M | -$165.2M | -$150.4M | -$125M | -$85.7M | $5.1M | $18M |
| Total Operating Expenses | $391.93M | $426.1M | $364.97M | $329.48M | $638.11M | $861.43M | $346.69M | $429.49M | $359.81M | $197.72M | $212.26M | $226.31M | $192.77M | $193.02M | $183.6M | $130.98M | $228.29M | $246.35M | $216.41M | $183.51M | $155.96M | $151.99M | $139.72M | $140.59M | $131.27M | $119.41M | $87.19M | $82.83M | $74.94M | $62.87M | $43.75M | $364.04M | $105.4M | $45.3M | -$142.1M | -$132.1M | -$109.8M | -$85.7M | $11.4M | $26.6M |
| Operating Income (EBIT) | $491.5M | $399.1M | $335.09M | $192.89M | -$258.13M | -$420.76M | $242.03M | $155.29M | $93.63M | $247.37M | $380.66M | $475.81M | $436.18M | $364.83M | $312.34M | $200.04M | $216.03M | $270.5M | $220.79M | $169.37M | $124.5M | $93.06M | $78.71M | $60.67M | $84.46M | $77.8M | $45.34M | $32M | $42.16M | $50.68M | $26.47M | -$304.84M | $68.5M | $45.9M | $331.1M | $307.9M | $251.1M | $183.6M | $7.5M | $1.2M |
| Operating Margin | 14.6% | 12.2% | 10.8% | 6.9% | -11.5% | -19.4% | 8.5% | 5.2% | 4.2% | 14.0% | 17.7% | 18.5% | 19.5% | 17.3% | 16.9% | 18.0% | 20.0% | 19.9% | 18.8% | 17.2% | 15.6% | 13.8% | 12.8% | 11.3% | 14.9% | 15.2% | 12.4% | 9.8% | 12.6% | 15.8% | 8.3% | -85.5% | 18.1% | 17.0% | 175.2% | 175.1% | 177.7% | 187.5% | 15.8% | 2.0% |
| Interest Expense | $46.33M | $49.13M | $52.01M | $44.59M | $42.47M | $48.74M | $55.99M | $46.86M | $21.47M | $17.69M | $18.74M | $21.46M | $27.87M | $24.39M | $17.9M | $10.96M | $11.08M | $14.06M | $20.28M | $0 | $0 | $0 | $0 | $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 | $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 Income (Expense) | -$20.08M | -$36.33M | -$40.97M | -$27.91M | -$32.47M | -$40.59M | -$52.21M | -$41.13M | -$20.61M | -$19.62M | -$18.95M | -$21.42M | -$27.5M | -$24.31M | -$17.6M | -$10.4M | -$10.47M | -$14.58M | -$20.96M | -$15.17M | -$13.38M | -$13.15M | -$12.72M | -$15.18M | -$17.33M | -$19.99M | -$9.95M | -$14.99M | -$5.66M | -$16.62M | -$12.12M | $331.69M | -$33.2M | -$27.2M | -$313.2M | -$288.8M | -$239.9M | -$173.5M | -$500K | -$28M |
| Income Before Tax (EBT) | $471.41M | $362.76M | $294.13M | $164.97M | -$290.6M | -$461.35M | $189.82M | $114.16M | $73.01M | $227.75M | $361.71M | $454.39M | $408.68M | $340.53M | $294.75M | $189.64M | $205.56M | $255.92M | $200.55M | $154.2M | $111.12M | $79.91M | $66M | $45.49M | $67.13M | $57.81M | $35.39M | $17.02M | $36.5M | $34.06M | $14.35M | $26.84M | $35.3M | $18.7M | $17.9M | $19.1M | $11.2M | $10.1M | $7M | -$26.8M |
| Income Tax Expense | $116M | $75.87M | $71.22M | $42.21M | -$43.83M | -$189.76M | $46.8M | $35.08M | -$240.89M | $84.94M | $133.74M | $169.78M | $152.38M | $127.91M | $109.25M | $72.26M | $78.02M | $97.44M | $76.49M | $58.75M | $42.34M | $30.36M | $25.08M | $18.05M | $27.52M | $23.7M | $13.95M | $6.91M | $13.8M | $12.86M | $7.39M | $10.19M | $12.5M | $5.1M | $4.6M | $5.6M | $2.3M | $2.4M | $3.3M | -$400K |
| Net Income | $354.57M | $286.71M | $222.94M | $122.29M | -$246.95M | -$272.55M | $142.35M | $78.45M | $313.19M | $141.41M | $226.68M | $282.01M | $253.06M | $209.44M | $183.03M | $116.25M | $125.94M | $157.17M | $123.34M | $95.45M | $68.78M | $49.54M | $40.92M | $27.45M | $39.6M | $34.11M | $21.44M | $10.11M | $21.7M | $27.23M | $9.38M | $16.65M | $22.8M | $700K | $13.3M | $15.4M | $8.9M | $24.7M | $3M | -$26.4M |
| Net Income Margin | 10.5% | 8.8% | 7.2% | 4.4% | -11.0% | -12.6% | 5.0% | 2.6% | 14.1% | 8.0% | 10.6% | 11.0% | 11.3% | 9.9% | 9.9% | 10.5% | 11.6% | 11.6% | 10.5% | 9.7% | 8.6% | 7.3% | 6.7% | 5.1% | 7.0% | 6.7% | 5.9% | 3.1% | 6.5% | 8.5% | 2.9% | 4.7% | 6.0% | 0.3% | 7.0% | 8.8% | 6.3% | 25.2% | 6.3% | -43.5% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 6.37 | 4.95 | 3.74 | 2.04 | -4.11 | -4.55 | 2.38 | 1.31 | 5.62 | 2.63 | 4.12 | 4.95 | 4.46 | 3.75 | 3.35 | 2.16 | 2.34 | 2.94 | 2.33 | 1.82 | 1.37 | 1.01 | 0.85 | 0.57 | 0.83 | 0.70 | 0.51 | 0.23 | 0.45 | 0.54 | 0.17 | 0.30 | 0.43 | 0.01 | 0.31 | 0.34 | 0.20 | 0.52 | 0.06 | -0.55 |
| Diluted EPS | 6.33 | 4.91 | 3.72 | 2.03 | -4.11 | -4.55 | 2.37 | 1.31 | 5.62 | 2.62 | 4.11 | 4.93 | 4.44 | 3.73 | 3.33 | 2.15 | 2.34 | 2.91 | 2.29 | 1.79 | 1.33 | 0.99 | 0.84 | 0.56 | 0.82 | 0.70 | 0.51 | 0.23 | 0.44 | 0.53 | 0.17 | 0.29 | 0.43 | 0.01 | 0.30 | 0.34 | 0.20 | 0.52 | 0.06 | -0.55 |
| Weighted Average OS | 55.69M | 57.95M | 59.53M | 60.04M | 60.05M | 59.91M | 59.75M | 59.56M | 55.31M | 53.45M | 54.73M | 56.67M | 56.35M | 55.47M | 54.19M | 53.33M | 53.19M | 53.40M | 52.98M | 52.45M | 50.21M | 49.05M | 48.42M | 48.15M | 48.00M | 48.73M | 42.46M | 43.95M | 48.76M | 51.74M | 43.90M | 45.40M | 53.02M | 46.67M | 43.61M | 45.29M | 45.64M | 47.50M | 47.27M | 48.00M |
| EBITDA | $781.87M | $652.21M | $586.25M | $411.01M | -$34.41M | -$192.69M | $465.45M | $385.99M | $297.37M | $446.35M | $572.69M | $645.16M | $600.99M | $510.06M | $438.68M | $295.9M | $310.61M | $361.18M | $301.03M | $233.77M | $181.91M | $148.18M | $132.04M | $106.18M | -$193.48M | -$168.78M | $81.12M | $76.02M | $84.6M | -$126.33M | -$210M | -$271.01M | $96.6M | $67.3M | $346.1M | $321.7M | $262.7M | $183.6M | $14M | $22.2M |
| EBITDA Margin | 23.2% | 20.0% | 19.0% | 14.8% | -1.5% | -8.9% | 16.4% | 13.0% | 13.4% | 25.2% | 26.7% | 25.1% | 26.8% | 24.1% | 23.7% | 26.7% | 28.7% | 26.6% | 25.7% | 23.8% | 22.9% | 21.9% | 21.5% | 19.8% | -34.1% | -32.9% | 22.2% | 23.2% | 25.2% | -39.5% | -66.0% | -76.1% | 25.5% | 25.0% | 183.1% | 183.0% | 185.9% | 187.5% | 29.4% | 36.6% |
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 | $78.78M | $74.44M | $32.58M | $80.58M | $34.81M | $80.34M | $24.74M | $7.8M | $20.1M | $5.63M | $5.88M | $24.3M | $4.02M | $11.06M | $16.25M | $195.6M | $97.84M | $8.65M | $5.12M | $2.65M | $17.84M | $629K | $4.06M | $1.43M | $1.85M | $4.66M | $3.57M | $861K | $2M | $1.54M | $1.46M | $11.84M | $14.9M | $7.3M | $0 | $0 | $0 | $0 | $3.7M | $9.1M |
| 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 | $13.09M | $20.8M | $0 | $18.2M | $15.69M | $173.28M | $0 | $0 | $26.6M | $69.9M | $75.3M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $78.78M | $74.44M | $32.58M | $80.58M | $34.81M | $80.34M | $24.74M | $7.8M | $20.1M | $5.63M | $5.88M | $24.3M | $4.02M | $11.06M | $16.25M | $195.6M | $97.84M | $8.65M | $5.12M | $2.65M | $17.84M | $629K | $4.06M | $1.43M | $1.85M | $4.66M | $16.66M | $21.66M | $2M | $19.74M | $17.15M | $185.12M | $14.9M | $7.3M | $26.6M | $69.9M | $75.3M | $0 | $3.7M | $9.1M |
| Accounts Receivable | $543.12M | $536.75M | $578.72M | $597.96M | $567.92M | $600.18M | $483.35M | $521.88M | $558.45M | $392.5M | $393.37M | $532.92M | $354.6M | $356.26M | $335.15M | $167.97M | $140.04M | $200.19M | $183.59M | $183.66M | $126.7M | $106.32M | $97.93M | $85.96M | $84.84M | $87.4M | $78.39M | $70.5M | $84.6M | $79.87M | $65.75M | $82.78M | $35.1M | $48.8M | $36.4M | $0 | $0 | $0 | $7.9M | $10.8M |
| Inventory | $398.03M | $393.9M | $454.39M | $461.85M | $331.35M | $309.68M | $351.4M | $507.44M | $315.73M | $185.4M | $184.51M | $192.35M | $135.89M | $177.4M | $130.13M | $38.82M | $39.79M | $48.52M | $53.38M | $41.78M | $18.97M | $15.43M | $13.99M | $15.55M | $15.11M | $15.65M | $13.13M | $14.18M | $14.88M | $16.36M | $9.55M | $8.27M | $100K | $7.7M | $0 | $0 | $0 | $0 | $1.7M | $2.9M |
| Other Current Assets | $57.94M | $63.47M | $69.48M | $71.37M | $0 | $0 | $0 | $0 | $0 | $13.6M | $11.72M | $10.56M | $9.46M | $12.3M | $14.19M | $6.42M | $7.47M | $10M | $6.53M | $5.08M | $3.77M | $2.17M | $2.62M | $3.75M | $3.11M | $3.72M | $4.96M | $1.19M | $26.94M | $600K | $677K | $14.98M | $4.7M | $4.7M | $0 | $0 | $0 | $0 | $300K | $400K |
| Total Current Assets | $1.08B | $1.07B | $1.14B | $1.21B | $1B | $1.05B | $917.58M | $1.1B | $957.08M | $646.55M | $640.78M | $803.15M | $544.01M | $596.26M | $529.33M | $425.92M | $300.1M | $279.51M | $267.34M | $249.59M | $186.28M | $139.65M | $131.78M | $119.47M | $113.99M | $118.47M | $122.82M | $112.36M | $135.8M | $129.88M | $105.1M | $291.15M | $54.8M | $68.5M | $63M | $69.9M | $75.3M | $0 | $13.6M | $23.2M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $4.29B | $4.18B | $4.01B | $3.79B | $3.85B | $4.09B | $3.94B | $3.54B | $2.96B | $2.92B | $2.78B | $2.59B | $2.37B | $2.32B | $1.82B | $1.12B | $1.09B | $990.93M | $906.1M | $766.61M | $642.38M | $574.21M | $536.51M | $486.85M | $466.24M | $453.81M | $451.85M | $256.9M | $272.38M | $318.72M | $322.33M | $330.76M | $235.9M | $237.6M | $129.6M | $106.4M | $100.3M | $0 | $34M | $73.8M |
| Goodwill | $438.75M | $438.75M | $438.75M | $438.75M | $438.75M | $657.8M | $953.83M | $953.83M | $935.13M | $598.13M | $586.72M | $591.4M | $591.4M | $596.03M | $483.47M | $228.87M | $228.87M | $230.77M | $229.29M | $223.43M | $160.64M | $160.64M | $156.73M | $156.73M | $156.73M | $162.6M | $161.09M | $5.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $30.16M | $34.41M | $42.93M | $51.46M | $60.07M | $68.98M | $210.68M | $224.2M | $232.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.65M | $8.32M | $3.6M | $9.28M | $16.1M | $16.1M | $0 | $0 | $700K | $0 | $300K | $200K |
| Long-Term Investments | $3.19M | $2.9M | $2.58M | $2.17M | $2.13M | $2.69M | $2.02M | $2.5M | $1.89M | $2.62M | $2.09M | $2.54M | $2.16M | $1.81M | $3.68M | $3.34M | $3.05M | $2.06M | $1.92M | $3.48M | $11.87M | $12.21M | $9.16M | $10.24M | $13.44M | $12.78M | $14.94M | $12.79M | $61.58M | $57.25M | $56.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $28.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.6M | $0 | $0 | $0 | $12.3M | $0 | $6.42M | $7.47M | $50.24M | $30.51M | $5.08M | $12.9M | $13.9M | $2.62M | $0 | $0 | $0 | $0 | $0 | $0 | $45.9M | $43.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $166.75M | $125.38M | $89.46M | $62.81M | $48M | $55.35M | $58.23M | $54.78M | $41.25M | $121.21M | $143.72M | $155.31M | $174.15M | $131.57M | $121.76M | $12.23M | $11.42M | $73.07M | $56.33M | $48.76M | $37.29M | $31.87M | $20.78M | $18.47M | $4.82M | $1.61M | $2.69M | $2.88M | $41.55M | -$35.55M | -$33.34M | $36.28M | $139.6M | $124.2M | $93.4M | $77.4M | $70.7M | $171.6M | $34.1M | $31.9M |
| Total Long-Term Assets | $4.96B | $4.78B | $4.59B | $4.34B | $4.4B | $4.88B | $5.16B | $4.78B | $4.17B | $3.66B | $3.51B | $3.34B | $3.14B | $3.06B | $2.43B | $1.37B | $1.34B | $1.3B | $1.19B | $1.05B | $852.18M | $778.93M | $723.18M | $672.29M | $641.22M | $630.8M | $630.57M | $277.94M | $382.16M | $394.64M | $392.98M | $376.32M | $391.6M | $377.9M | $223M | $183.8M | $171.7M | $171.6M | $68.4M | $105.9M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.98M | $0 | $0 | $0 | $0 | $0 | $0 | -$50.24M | -$30.51M | -$24.62M | -$12.9M | -$13.9M | $0 | $0 | -$744K | -$2.73M | $0 | $0 | -$3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $6.04B | $5.85B | $5.72B | $5.55B | $5.4B | $5.92B | $6.08B | $5.87B | $5.13B | $4.3B | $4.16B | $4.14B | $3.68B | $3.65B | $2.96B | $1.79B | $1.64B | $1.53B | $1.43B | $1.27B | $1.03B | $904.67M | $854.96M | $791.76M | $754.47M | $746.54M | $753.4M | $390.3M | $517.96M | $524.53M | $498.08M | $667.47M | $446.4M | $446.4M | $286M | $253.7M | $247M | $171.6M | $82M | $129.1M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $218.61M | $251.35M | $269.38M | $278.08M | $199.09M | $162.51M | $206.78M | $278.06M | $222M | $134.57M | $132.8M | $222.02M | $177.38M | $156.76M | $158.85M | $71.35M | $52.09M | $78.02M | $100.91M | $88.21M | $68.89M | $41.92M | $41.58M | $37.51M | $35.38M | $35.88M | $29.91M | $12.92M | $26.7M | $30.52M | $21.69M | $15.77M | $11.4M | $11.4M | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $53.12M | $8.23M | $8.07M | $3.29M | $1.93M | $40K | $16K | $19K | $3K | $0 | $0 | $116.7M | $0 | $65M | $39.01M | $128K | $35K | $1.24M | $1.37M | $844K | $4K | $1.3M | $225K | $336K | $335K | $5.33M | $5.33M | $5.33M | $5.3M | $5.33M | $5.68M | $10.96M | $11M | $11M | $1M | $0 | $0 | $0 | $1.7M | $2M |
| Current Income Tax Payable | $0 | $61.27M | $1.49M | $30.49M | $44.74M | $44.84M | $39.95M | $41.47M | $22.98M | $18.77M | $17.09M | $17.16M | $15.07M | $13.13M | $4.12M | $3.06M | $5.21M | $4.75M | $9.18M | $6.17M | $7.63M | $7.62M | $6.6M | $1.44M | $3M | $3.39M | $517K | $504K | $4.32M | $4.03M | $4.31M | $3.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $202.16M | $177.22M | $134.58M | $119.31M | $72.77M | $45.41M | $42.98M | $80.12M | $48.35M | $36M | $41.3M | $50.8M | $36.7M | $16.86M | $0 | $11.63M | $12.3M | $0 | $0 | $5.01M | $6.59M | $8.28M | $0 | $0 | $57.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $166.9M | -$35.85M | $161.36M | $149.22M | $196.75M | $192.41M | $0 | $0 | $67.98M | $157.56M | $0 | $55.75M | $86.39M | $39.56M | $114.11M | $0 | $0 | $7.01M | $6.77M | $0 | -$4.96M | $33.71M | -$261K | $1.36M | -$55.55M | $1.1M | $4.07M | $3.88M | $9.41M | $2.46M | $1.63M | $37.65M | $20.9M | $20.9M | $2M | $0 | $0 | $0 | $2.7M | $20M |
| Total Current Liabilities | $706.52M | $734.75M | $675.79M | $642.2M | $543.77M | $466.03M | $514.12M | $607.78M | $480.31M | $358.34M | $361.92M | $594.03M | $345.99M | $355.02M | $358.8M | $160.26M | $137.1M | $173.07M | $191.42M | $166.87M | $139.82M | $104.39M | $98.87M | $91.25M | $97.06M | $97.04M | $91.56M | $65.94M | $95.6M | $89.69M | $69.43M | $67.59M | $43.3M | $43.3M | $3M | $0 | $0 | $0 | $4.4M | $22M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $1.08B | $866.72M | $1.01B | $1.08B | $1.16B | $1.47B | $1.37B | $1.41B | $992.4M | $722.8M | $774.85M | $600M | $749.15M | $1.07B | $763M | $200.01M | $200.2M | $246.06M | $296.01M | $309.52M | $200.03M | $217.44M | $255.04M | $265.67M | $249.4M | $288.04M | $316.27M | $137.55M | $149.49M | $176.62M | $173.55M | $148.53M | $148M | $148M | $79.7M | $68.4M | $77M | $10.9M | $18.8M | $43.8M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $854.41M | $739.47M | $696.56M | $625.88M | $574.15M | $606.84M | $588.2M | $542.78M | $468.45M | $719.06M | $669.81M | $595.77M | $544.11M | $426.1M | $292.36M | $272.6M | $239.04M | $145.57M | $130.9M | $125.94M | $126.75M | $123.33M | $106.13M | $85.77M | $89.54M | $89.14M | $92.79M | $40.05M | $48.4M | $45.9M | $43.62M | $42.59M | $27M | $27M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$159.28M | $9.59M | $15.83M | $23.21M | $71.25M | $131.7M | $95.98M | $94.56M | $72.04M | $76.83M | $66.51M | $87.2M | $21.11M | $94.85M | $147.08M | $2.93M | $3.52M | $67.84M | $39.33M | $58.39M | $31.21M | $35.35M | $19.85M | $23.08M | $14.63M | $6.37M | -$97.07M | $5.72M | $6.21M | $6.57M | $6.16M | $168.36M | $96.1M | $96.2M | $91.7M | $88.2M | $82.1M | $81.6M | $9.1M | $16.9M |
| Total Long-Term Liabilities | $1.95B | $1.76B | $1.86B | $1.87B | $1.97B | $2.37B | $2.19B | $2.05B | $1.53B | $1.52B | $1.51B | $1.28B | $1.31B | $1.59B | $1.2B | $475.54M | $442.76M | $459.48M | $466.25M | $493.86M | $358M | $376.12M | $381.03M | $374.51M | $353.57M | $383.55M | $311.99M | $183.32M | $204.1M | $229.09M | $223.32M | $359.48M | $271.1M | $271.2M | $171.4M | $156.6M | $159.1M | $92.5M | $27.9M | $60.7M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.6M | $3.98M | $0 | $0 | $0 | -$54.98M | $0 | $0 | $50.24M | $30.51M | $0 | $0 | $0 | $0 | $0 | -$116.99M | $0 | $0 | -$168.56M | -$81.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.65B | $2.5B | $2.54B | $2.51B | $2.51B | $2.84B | $2.71B | $2.66B | $2.01B | $1.89B | $1.88B | $1.88B | $1.66B | $1.95B | $1.51B | $635.8M | $579.87M | $682.79M | $688.17M | $660.72M | $497.82M | $480.5M | $479.9M | $465.76M | $333.64M | $480.58M | $403.56M | $80.69M | $218.34M | $318.78M | $292.75M | $427.07M | $314.4M | $314.5M | $174.4M | $156.6M | $159.1M | $92.5M | $32.3M | $82.7M |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $6.55M | $6.55M | $6.55M | $6.55M | $6.55M | $6.55M | $6.55M | $6.55M | $6.55M | $5.98M | $5.98M | $5.98M | $5.98M | $5.98M | $5.93M | $5.73M | $5.73M | $5.73M | $5.73M | $5.73M | $3.09M | $3.09M | $3.09M | $3.09M | $3.09M | $3.09M | $3.09M | $3.09M | $3.09M | $3.09M | $3.09M | $3.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $3.33B | $2.98B | $2.69B | $2.47B | $2.35B | $2.59B | $2.87B | $2.72B | $2.65B | $2.34B | $2.2B | $1.97B | $1.69B | $1.44B | $1.23B | $1.05B | $930.37M | $804.42M | $647.69M | $524.35M | $428.9M | $360.12M | $310.57M | $269.66M | $242.21M | $202.61M | $168.5M | $147.05M | $136.94M | $115.26M | $88.03M | $78.65M | $39.2M | $39.2M | $38.5M | $25.2M | $9.8M | $500K | -$32.9M | -$38.9M |
| Comprehensive Income & Other | $86.34M | $71.19M | $35.01M | $16.85M | -$25.97M | -$61.45M | -$37.8M | -$33.51M | -$32.41M | -$51.01M | -$44.69M | -$61.04M | -$16.79M | -$61.13M | -$56.18M | -$33.64M | -$30.47M | -$55.05M | -$22.52M | -$23.09M | -$7.09M | -$7.93M | -$5.95M | -$8.06M | -$3.36M | $0 | -$317K | $338K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $41.02M | $366.89M | $487.22M | $567.6M | $533.34M | $484.37M | $496.14M | $483.05M | $457.34M | $61.1M | $62M | $273.91M | $312.57M | $249.91M | $206.96M | $103.75M | $116.36M | $79.89M | $116.4M | $101.91M | $105.55M | $72.03M | $58.47M | $50.56M | $55.72M | $56.95M | $174.91M | $159.46M | $78.26M | $87.4M | $114.21M | $141.25M | $83.6M | $83.6M | $73.1M | $71.9M | $78.1M | $78.6M | $82.6M | $85.3M |
| Total Equity | $3.38B | $3.35B | $3.19B | $3.04B | $2.89B | $3.08B | $3.37B | $3.21B | $3.11B | $2.41B | $2.27B | $2.25B | $2.01B | $1.69B | $1.44B | $1.16B | $1.05B | $890.05M | $769.83M | $632M | $537.54M | $435.24M | $372.13M | $323.31M | $301.02M | $262.65M | $346.5M | $309.61M | $218.3M | $205.75M | $205.33M | $222.98M | $122.8M | $122.8M | $111.6M | $97.1M | $87.9M | $79.1M | $49.7M | $46.4M |
| Minority Interest | $2.28M | $1.44M | $1.25M | $2.29M | $2.46M | $3.25M | $2.97M | $3.11M | $3.4M | $3.55M | $10.38M | $10.88M | $11.47M | $12.09M | $11.63M | $3.04M | $3.63M | $3.5M | $2.98M | $3.02M | $3.09M | $2.84M | $2.93M | $2.69M | $2.82M | $3.31M | $3.34M | $0 | $0 | $0 | $0 | $17.43M | $9.2M | $9.1M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.03B | $5.85B | $5.72B | $5.55B | $5.4B | $5.92B | $6.08B | $5.87B | $5.12B | $4.3B | $4.15B | $4.13B | $3.67B | $3.64B | $2.95B | $1.79B | $1.63B | $1.57B | $1.46B | $1.29B | $1.04B | $915.74M | $852.03M | $789.07M | $634.66M | $743.23M | $750.06M | $390.3M | $436.63M | $524.53M | $498.08M | $650.05M | $437.2M | $437.3M | $286M | $253.7M | $247M | $171.6M | $82M | $129.1M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $1.3B | $1.06B | $1.19B | $1.26B | $1.36B | $1.66B | $1.54B | $1.41B | $992.41M | $722.8M | $774.85M | $716.7M | $749.15M | $1.14B | $802M | $200.13M | $200.24M | $247.31M | $297.38M | $310.36M | $200.04M | $218.74M | $255.26M | $266M | $249.74M | $293.37M | $321.61M | $142.88M | $154.82M | $181.95M | $179.23M | $159.5M | $159M | $159M | $80.7M | $68.4M | $77M | $10.9M | $20.5M | $45.8M |
| Net Debt | $1.23B | $984.4M | $1.16B | $1.18B | $1.32B | $1.58B | $1.51B | $1.4B | $972.3M | $717.17M | $768.96M | $692.4M | $745.13M | $1.12B | $785.76M | $4.53M | $102.4M | $238.66M | $292.27M | $307.71M | $182.2M | $218.11M | $251.2M | $264.57M | $247.89M | $288.71M | $318.04M | $142.02M | $152.78M | $180.41M | $177.77M | $147.66M | $144.1M | $151.7M | $80.7M | $68.4M | $77M | $10.9M | $16.8M | $36.7M |
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 | $355.42M | $286.9M | $222.87M | $122.76M | -$246.77M | -$271.59M | $143.02M | $79.08M | $310.97M | $142.8M | $227.97M | $284.61M | $256.3M | $212.62M | $185.49M | $117.38M | $127.54M | $157.17M | $123.34M | $94.02M | $66.42M | $49.54M | $41.02M | $27.45M | $39.6M | $34.11M | $21.38M | $6.59M | $21.7M | $24.56M | $9.63M | $16.65M | $22.8M | $13.6M | $13.3M | $13.5M | $8.9M |
| Depreciation & Amortization | $264.13M | $240.32M | $240.12M | $201.44M | $213.72M | $219.92M | $219.63M | $224.97M | $202.88M | $200.92M | $192.24M | $169.31M | $164.44M | $145.15M | $126.03M | $95.3M | $93.97M | $91.2M | $80.92M | $64.4M | $57.41M | $55.12M | $53.33M | $45.51M | $50.24M | $48.2M | $31.28M | $27.38M | -$28.1M | -$28.39M | -$31.73M | -$33.83M | -$28.1M | -$21.4M | $15M | $13.8M | $11.6M |
| Deferred Income Tax | $82.45M | $31.39M | $65.3M | $37.78M | -$44.42M | $25.16M | $46.84M | $34.88M | -$256.26M | $51.3M | $62.76M | $77.98M | $103.06M | $77M | $70M | $34.44M | $42.42M | $0 | $1.65M | -$292K | -$132K | $17.5M | $20.38M | -$1.88M | $2.99M | $194K | -$511K | -$4.97M | $2.8M | $795K | $964K | $1.9M | $5.2M | $1.9M | $2.6M | $3.4M | $0 |
| Stock-Based Compensation | $17.56M | $15.55M | $14.94M | $13.87M | $15.71M | $14.72M | $13.61M | $19.1M | $11.46M | $11.68M | $11.1M | $11.59M | $11.62M | $9.8M | $9.23M | $10.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | $16.58M | $40.46M | -$50.13M | -$31.55M | $29.13M | -$124.94M | $43.08M | -$484.03M | -$569.16M | -$302.11M | -$184.82M | -$320.7M | $2.23M | -$308.99M | -$58.35M | -$17.56M | $59.08M | -$21.28M | $1.87M | -$15.54M | -$20.32M | -$20.69M | -$596K | -$1.09M | $2.26M | -$8.17M | $15.11M | $13.82M | -$5.17M | -$8.08M | -$8.57M | -$4.72M | -$12.8M | -$6.8M | -$2.3M | -$5.8M | -$15.4M |
| Inventory | $3.89M | $12.15M | $7.69M | -$127.09M | -$19.25M | $47.08M | $122.77M | -$144.69M | $19.67M | $3.18M | -$7.32M | -$56.47M | $43.27M | -$46.37M | -$26.36M | $973K | $8.72M | $6.21M | -$9.34M | -$5.01M | -$3.54M | $138K | $1.56M | -$444K | $545K | -$955K | $1.05M | $32K | $1.49M | -$2.18M | -$1.29M | -$2.29M | $200K | -$2.3M | $0 | $0 | $0 |
| Accounts Payable | -$18.61M | -$11.16M | -$18.27M | $76M | $15.95M | -$39.8M | -$57.41M | $22.62M | $20.76M | -$1.74M | -$81.81M | $44.65M | $23.09M | -$10.48M | $21.49M | $19.26M | -$25.93M | -$22.89M | $11.74M | $11.28M | $41.38M | $15.84M | -$7.55M | $2.13M | -$528K | $5.02M | $2.68M | -$13.99M | -$3.81M | $6.47M | $5.45M | $1.2M | -$2.6M | $1.2M | $600K | $2.9M | $8.4M |
| Other Working Capital | -$77.76M | $51.61M | $65.62M | -$20.73M | -$9.88M | -$20.61M | -$71.88M | $488.71M | $476.78M | $289.97M | $280.46M | $206.76M | -$12.03M | $241.24M | -$16.4M | -$15.19M | $5.48M | -$16.89M | $17.53M | -$8.19M | -$11.82M | -$3.1M | $17.46M | -$5.17M | $7.19M | $2.16M | -$11.17M | -$27.71M | $5.29M | $3.97M | $7.86M | $8.8M | $17.8M | $12.7M | -$1.7M | -$2.9M | -$7M |
| Total Working Capital Change | -$75.9M | $93.06M | $4.91M | -$103.38M | $15.95M | -$138.27M | $36.57M | -$117.39M | -$51.95M | -$10.7M | $6.5M | -$125.76M | $56.57M | -$124.61M | -$79.62M | -$12.52M | $47.36M | -$54.85M | $21.8M | -$17.46M | $5.7M | -$7.81M | $10.87M | -$4.57M | $9.46M | -$1.95M | $7.68M | -$27.85M | -$2.2M | $183K | $3.45M | $2.98M | $2.6M | $4.8M | -$3.4M | -$5.8M | -$14M |
| Other Non-Cash Items | $26.55M | $89.28M | -$7.91M | $21.65M | $367.39M | $595M | $52.15M | $106.35M | $136.28M | $19.8M | $20.73M | $21.18M | $9.05M | $5.77M | $860K | -$220K | $8.6M | $52.43M | $8.03M | $9.71M | $12.59M | $12.4M | -$13.37M | $6.06M | -$5.36M | $2.74M | $12.54M | $34.29M | $69.3M | $66.92M | $99.36M | $50.67M | $59.1M | $39.5M | -$1M | $4.1M | $9M |
| Net Cash from Operating | $670.2M | $756.49M | $540.23M | $294.13M | $321.58M | $444.94M | $511.81M | $347M | $353.38M | $415.79M | $521.3M | $438.91M | $601.03M | $325.73M | $312M | $245.25M | $319.88M | $245.95M | $235.75M | $150.36M | $141.98M | $126.75M | $112.23M | $72.55M | $96.94M | $83.3M | $72.37M | $35.45M | $63.5M | $64.07M | $81.68M | $38.37M | $61.6M | $38.4M | $26.5M | $29M | $15.5M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$264.47M | -$342.66M | -$401.73M | -$172.61M | -$98.02M | -$148.19M | -$248.16M | -$301.86M | -$177.22M | -$231.07M | -$345.48M | -$355.14M | -$253.23M | -$312.17M | -$226.24M | -$136.84M | -$192.66M | -$173.02M | -$164.08M | -$139.13M | -$122.28M | -$93.6M | -$72.36M | -$47.71M | -$59.16M | -$47.68M | -$12.72M | -$27.45M | -$24.51M | -$37.16M | -$49.5M | -$109.03M | -$64M | -$109M | -$36.3M | -$500K | -$57.4M |
| Acquisitions | $0 | -$77.86M | -$37.5M | -$3.9M | -$9.12M | -$354.97M | -$262.49M | -$533.9M | -$470.1M | -$137.07M | -$41.25M | -$31.8M | -$3.64M | -$380.93M | -$859.51M | $0 | $0 | -$5.48M | -$67.19M | -$143.91M | -$7.5M | -$10.17M | -$37.82M | -$44.82M | $0 | -$7.94M | $0 | $39.99M | $0 | $0 | $0 | $839K | $1.3M | $800K | $0 | $0 | $0 |
| Purchases of 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 | -$789K | -$5.24M | -$9.58M | -$81.06M | -$21.54M | -$16.5M | -$21.5M | -$30.9M | -$51M | -$32.2M |
| Sales of 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 | $13.57M | $6.7M | $1.95M | $1.9M | $6.86M | $50.18M | $22.32M | $12.1M | $22.3M | $27.9M | $55.5M | $36.9M |
| Other Investing Activities | -$87.71M | $20.4M | $26.08M | $36.91M | $51.34M | $17.31M | $57.66M | $53.14M | $54.23M | $18.62M | $24.43M | $10.39M | $33.98M | $19.65M | -$2.98M | $9.72M | $7.39M | $1.98M | $3.37M | -$4.24M | $5.48M | $2.5M | $7.07M | $5.87M | $2.78M | $3.54M | -$230.28M | $49.79M | $2.19M | -$1.85M | -$2.8M | -$5.57M | $1.2M | -$5.4M | $1.1M | -$17.1M | -$9.8M |
| Net Cash from Investing | -$352.18M | -$400.13M | -$413.15M | -$139.6M | -$55.79M | -$485.85M | -$453M | -$782.62M | -$593.09M | -$349.52M | -$362.3M | -$376.55M | -$222.89M | -$673.44M | -$1.09B | -$127.12M | -$185.27M | -$176.52M | -$227.9M | -$287.28M | -$124.3M | -$101.28M | -$103.1M | -$86.66M | -$56.38M | -$38.51M | -$236.31M | $63.5M | -$25.66M | -$41.73M | -$83.18M | -$112.98M | -$65.9M | -$112.8M | -$38.2M | -$13.1M | -$62.5M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | -$44.13M | $143.84M | $111.25M | $86.98M | $60M | -$100.02M | $42.38M | -$420.84M | -$256.14M | - | -$60.78M | $108M | $385.96M | -$236M | -$498.52M | $105K | $1.09M | $1.09M | $13.33M | -$107.4M | $18.7M | -$12.4M | $260.74M | -$66.6M | $43.63M | $28.25M | $5.33M | $5.33M | $27.1M | -$2.72M | -$31.16M | -$78.22M | -$11.6M | -$78.2M | -$11.4M | $8.6M | $1.3M |
| Common Stock Issuance | $4.95M | $9.42M | $4.21M | $3.89M | $629K | $353K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.72M | $13.19M | $19.05M | $9.55M | $4.9M | $2.44M | $4.21M | $1.34M | $667K | $3.06M | $1.5M | $1.35M | $233K | $143K | $300K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$354.2M | -$174.57M | -$112.8M | -$22.9M | $0 | $0 | $0 | -$776K | -$2.88M | -$1.83M | -$241.1M | -$15.32M | $0 | $0 | $0 | -$23.79M | -$657K | -$33.38M | $0 | -$4.79M | $0 | $0 | $0 | -$3.93M | -$2.75M | -$15.79M | -$12.36M | -$91.25M | -$11.7M | -$26.33M | -$33.39M | $0 | $0 | $0 | -$500K | -$7.1M | -$900K |
| Dividends Paid | $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 | -$2.3M |
| Other Financing Activities | -$8.57M | -$5.5M | -$4.01M | -$4.13M | -$3.84M | -$3.87M | $498K | $8.07M | -$1.95M | -$11.85M | $5.87M | $5.69M | $779K | $9.42M | $3.87M | $3.53M | $2.32M | $17.62M | $2.24M | $5.93M | -$822K | -$50.86M | $249.34M | -$51.43M | -$1.2M | -$996K | $183.67M | -$6.6M | $0 | $0 | -$6.89M | $0 | $0 | $0 | $0 | $0 | $50M |
| Net Cash from Financing | -$313.69M | -$314.5M | -$175.08M | -$108.76M | -$311.31M | $96.51M | -$41.88M | $423.31M | $254.18M | -$66.52M | -$177.42M | -$42.08M | -$385.18M | $342.52M | $597.39M | -$20.37M | -$45.42M | -$65.9M | -$5.38M | $121.73M | -$472K | -$28.91M | -$6.5M | $13.69M | -$43.37M | -$43.7M | $166.65M | -$100.12M | -$37.3M | -$22.25M | -$8.88M | $78.36M | $11.9M | $78.2M | $10.9M | -$15.7M | $45.5M |
| 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 | $0 | $0 | $0 | $4.3M | $74.4M | $11.7M | -$15.9M | $47M |
| Net Change in Cash | $4.33M | $41.87M | -$48M | $45.76M | -$45.52M | $55.6M | $16.94M | -$12.3M | $14.47M | -$251K | -$18.41M | $20.28M | -$7.04M | -$5.19M | -$179.35M | $97.76M | $89.19M | $3.53M | $2.46M | -$15.19M | $17.21M | -$3.44M | $2.63M | -$418K | -$2.81M | $1.09M | $2.71M | -$1.18M | $499K | $87K | -$10.38M | $3.75M | $11.9M | $78.2M | $10.9M | -$15.7M | $45.5M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $670.2M | $756.49M | $540.23M | $294.13M | $321.58M | $444.94M | $511.81M | $347M | $353.38M | $415.79M | $521.3M | $438.91M | $601.03M | $325.73M | $312M | $245.25M | $319.88M | $245.95M | $235.75M | $150.36M | $141.98M | $126.75M | $112.23M | $72.55M | $96.94M | $83.3M | $72.37M | $35.45M | $63.5M | $64.07M | $81.68M | $38.37M | $61.6M | $38.4M | $26.5M | $29M | $15.5M |
| Capital Expenditure | -$264.47M | -$342.66M | -$401.73M | -$172.61M | -$98.02M | -$148.19M | -$248.16M | -$301.86M | -$177.22M | -$231.07M | -$345.48M | -$355.14M | -$253.23M | -$312.17M | -$226.24M | -$136.84M | -$192.66M | -$173.02M | -$164.08M | -$139.13M | -$122.28M | -$93.6M | -$72.36M | -$47.71M | -$59.16M | -$47.68M | -$12.72M | -$27.45M | -$24.51M | -$37.16M | -$49.5M | -$109.03M | -$64M | -$109M | -$36.3M | -$500K | -$57.4M |
| Free Cash Flow | $405.73M | $413.83M | $138.5M | $121.52M | $223.56M | $296.75M | $263.65M | $45.14M | $176.16M | $184.73M | $175.83M | $83.77M | $347.81M | $13.56M | $85.76M | $108.41M | $127.22M | $72.93M | $71.66M | $11.23M | $19.7M | $33.15M | $39.87M | $24.84M | $37.78M | $35.62M | $59.65M | -$19.4M | $38.99M | $26.91M | $32.17M | -$70.65M | -$2.4M | -$70.6M | -$9.8M | $28.5M | -$41.9M |
| Cash at Beginning | $74.44M | $32.58M | $80.58M | $34.81M | $80.34M | $24.74M | $7.8M | $20.1M | $5.63M | $5.88M | $24.3M | $4.02M | $11.06M | $16.25M | $195.6M | $97.84M | $8.65M | $5.12M | $2.65M | $17.84M | $629K | $4.06M | $1.43M | $1.85M | $4.66M | $3.57M | $861K | $2.04M | $1.54M | $1.46M | $11.84M | $3.55M | $7.3M | $3.5M | $4.3M | $4.1M | $5.6M |
| Cash at End | $78.78M | $74.44M | $32.58M | $80.58M | $34.81M | $80.34M | $24.74M | $7.8M | $20.1M | $5.63M | $5.88M | $24.3M | $4.02M | $11.06M | $16.25M | $195.6M | $97.84M | $8.65M | $5.12M | $2.65M | $17.84M | $629K | $4.06M | $1.43M | $1.85M | $4.66M | $3.57M | $861K | $2.04M | $1.54M | $1.46M | $7.3M | $19.2M | $81.7M | $15.2M | -$11.6M | $51.1M |