Knowles Corp (KN)
Knowles Corporation is a leading provider of specialized electronic components, offering an array of micro-acoustic microphones, sophisticated balanced armature speakers, comprehensive audio solutions, high-performance capacitors, and advanced radio frequency products. These precision technologies serve diverse industries, including consumer electronics, medical technology (medtech), defense, electric vehicles, industrial applications, and communications. The company operates through two distinct segments. Its Audio segment is dedicated to engineering and manufacturing innovative audio components, such as microphones, balanced armature speakers, and audio processors. These are integral to applications across mobile devices, hearing health solutions, True Wireless Stereo (TWS) products, the Internet of Things (IoT), and computing platforms. Concurrently, the Precision Devices (PD) segment focuses on the development and delivery of high-specification capacitor products and RF solutions. These critical components find use in demanding applications like power supplies, medical implants, satellite communications, radar systems, and general communications equipment. Knowles distributes its offerings directly to original equipment manufacturers (OEMs), their contract manufacturers, and suppliers, as well as through an established network of distributors. With a global footprint spanning Asia, the United States, Europe, and other parts of the Americas, the company, established in 1946, maintains its headquarters in Itasca, Illinois.
Sector: Household Audio & Video Equipment
Industry: Hardware, Equipment & Parts
Knowles Corporation
NYSE:KNTechnology · Hardware, Equipment & Parts
-3.62%$32.17
AH Close$32.17+0.00%vs close
AH Close$32.17+0.00%vs close
Mkt Cap$2.75B
Float83.42M
O/S85.41M
Inst Own101.6%
SI5.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$593.2M
Net Income$44.2M
Total Assets$1.05B
Free Cash Flow$81.9M
Debt & Equity
Debt 16%
Equity 84%
Total Debt$150.3M
Total Equity$775.8M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.05B
Liabilities$275.3M
Accounts Receivable$102.8M
Accounts Payable$42.9M
Inventory$124.6M
PP&E (Net)$159.3M
Goodwill$270.3M
Intangible Assets$141.1M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $593.2M | $553.5M | $456.8M | $478.8M | $868.1M | $764.3M | $854.8M | $826.9M | $744.2M | $755.7M | $849.6M | $1.14B | $1.21B | $1.12B | $983.32M |
| YoY Growth | 7.2% | 21.2% | -4.6% | -44.8% | 13.6% | -10.6% | 3.4% | 11.1% | -1.5% | -11.1% | -25.6% | -6.1% | 8.7% | 13.7% | - |
| Cost of Revenue | $348.7M | $332.3M | $256.7M | $251.8M | $526.6M | $505M | $531.2M | $510.4M | $460.1M | $476.2M | $534.6M | $927.9M | $824.97M | $710.62M | $605.3M |
| Gross Profit | $244.5M | $221.2M | $200.1M | $227M | $341.5M | $259.3M | $323.6M | $316.5M | $284.1M | $279.5M | $315M | $213.4M | $389.84M | $407.37M | $378.02M |
| Gross Margin | 41.2% | 40.0% | 43.8% | 47.4% | 39.3% | 33.9% | 37.9% | 38.3% | 38.2% | 37.0% | 37.1% | 18.7% | 32.1% | 36.4% | 38.4% |
| Research and Development | $40.2M | $37.1M | $31.5M | $81.7M | $92.8M | $92.9M | $96.8M | $100.6M | $93.4M | $92M | $92.8M | $83M | $82.57M | $77.3M | $65.9M |
| Selling, General, and Administrative | $142.8M | $127.4M | $119.2M | $116.7M | $130.5M | $118.5M | $138.7M | $136M | $119.3M | $131.7M | $171.9M | $153.9M | $147.15M | $188.14M | $163.96M |
| Other | -$16.2M | $0 | $0 | -$62.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $166.8M | $164.5M | $150.7M | $136.2M | $223.3M | $211.4M | $235.5M | $236.6M | $212.7M | $223.7M | $264.7M | $236.9M | $229.72M | $265.44M | $229.85M |
| Operating Income (EBIT) | $77.7M | $56.7M | $49.4M | $90.8M | $118.2M | $47.9M | $88.1M | $79.9M | $71.4M | $55.8M | $50.3M | -$23.5M | $160.12M | $141.93M | $148.16M |
| Operating Margin | 13.1% | 10.2% | 10.8% | 19.0% | 13.6% | 6.3% | 10.3% | 9.7% | 9.6% | 7.4% | 5.9% | -2.1% | 13.2% | 12.7% | 15.1% |
| Interest Expense | $9.3M | $20.1M | $7.4M | $4.3M | $14.4M | $17.1M | $15.3M | $16.6M | $20.4M | $19.8M | $12.8M | $6.7M | $42.02M | $56.47M | $39.89M |
| Interest Income | $0 | $3.8M | $2M | $400K | $200K | $700K | $800K | $600K | $200K | $100K | $100K | $100K | $0 | $0 | $0 |
| Other Income (Expense) | -$13.7M | -$22M | -$12.1M | -$3.1M | -$13.6M | -$36.6M | -$21.8M | -$18.8M | -$52M | -$27.7M | -$27.7M | -$31.6M | -$58.61M | -$63.01M | -$42.61M |
| Income Before Tax (EBT) | $64M | $34.7M | $37.3M | $87.7M | $104.6M | $11.3M | $66.3M | $61.1M | $19.4M | $28.1M | $22.6M | -$55.1M | $101.51M | $78.92M | $105.56M |
| Income Tax Expense | $13.1M | $11.3M | -$28.3M | $21.3M | -$45.6M | $8.4M | $16.6M | -$4.5M | $12.9M | $8.3M | $6.1M | $31.9M | -$4.3M | -$181K | $7.1M |
| Net Income | $44.2M | -$239.5M | $72.4M | -$430.1M | $150.4M | $6.6M | $49.1M | $66.1M | $6M | -$16.7M | -$233.8M | -$87M | $105.81M | $79.1M | $98.46M |
| Net Income Margin | 7.5% | -43.3% | 15.8% | -89.8% | 17.3% | 0.9% | 5.7% | 8.0% | 0.8% | -2.2% | -27.5% | -7.6% | 8.7% | 7.1% | 10.0% |
| Supplementary Data | |||||||||||||||
| EPS | 0.51 | -2.69 | 0.80 | -4.69 | 1.63 | 0.03 | 0.54 | 0.75 | 0.76 | -0.48 | -2.69 | -1.02 | 1.24 | 0.93 | 1.16 |
| Diluted EPS | 0.50 | -2.67 | 0.79 | -4.69 | 1.59 | 0.03 | 0.53 | 0.74 | 0.75 | -0.47 | -2.69 | -1.02 | 1.24 | 0.93 | 1.16 |
| Weighted Average OS | 85.80M | 88.90M | 90.90M | 91.70M | 92.30M | 91.70M | 91.16M | 90.05M | 89.33M | 88.67M | 86.80M | 85.05M | 85.03M | 85.03M | 85.03M |
| EBITDA | $109.6M | $92.4M | $70.9M | $145.5M | $181.5M | $89M | $136M | $130.1M | $93.6M | $116.9M | $112.3M | $103.2M | $274.45M | $250.26M | $230.22M |
| EBITDA Margin | 18.5% | 16.7% | 15.5% | 30.4% | 20.9% | 11.6% | 15.9% | 15.7% | 12.6% | 15.5% | 13.2% | 9.0% | 22.6% | 22.4% | 23.4% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $54.2M | $130.1M | $87.3M | $48.2M | $68.9M | $147.8M | $78.4M | $73.5M | $111.7M | $66.2M | $63.3M | $55.2M | $105.59M | $10.3M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $54.2M | $130.1M | $87.3M | $48.2M | $68.9M | $147.8M | $78.4M | $73.5M | $111.7M | $66.2M | $63.3M | $55.2M | $105.59M | $10.3M |
| Accounts Receivable | $102.8M | $105M | $90.7M | $134.7M | $146.6M | $131.4M | $159.6M | $140.3M | $137.7M | $145.1M | $145.2M | $236.3M | $224.56M | $217.46M |
| Inventory | $124.6M | $118M | $127M | $169.5M | $153.1M | $130.1M | $141.8M | $140.1M | $125.6M | $108.2M | $118.4M | $162M | $149.17M | $133.55M |
| Other Current Assets | $9.8M | $8.3M | $123.8M | $10M | $1M | $10.3M | $8.6M | $11.1M | $19.9M | $10.6M | $9.2M | $20.5M | $22.51M | $15.97M |
| Total Current Assets | $291.4M | $361.4M | $428.8M | $362.4M | $380.3M | $419.6M | $388.4M | $365M | $394.9M | $330.1M | $419.3M | $474M | $501.82M | $377.28M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $159.3M | $138.7M | $156.1M | $174.4M | $218.2M | $214.8M | $240.1M | $211.7M | $183M | $186.2M | $215.3M | $315.9M | $361M | $362.37M |
| Goodwill | $270.3M | $269.8M | $270.5M | $471M | $941.3M | $910M | $909.9M | $887.9M | $884.9M | $894.6M | $925.8M | $914.7M | $961.92M | $946.13M |
| Intangible Assets | $141.1M | $157.4M | $175.6M | $85.1M | $97.3M | $78.7M | $91.7M | $56.7M | $53.5M | $77.4M | $97M | $270.3M | $318.31M | $344.79M |
| Long-Term Investments | $83.4M | $84.6M | $6.2M | $6.3M | $6.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $91.7M | $99.6M | $74.8M | $81.1M | $25.3M | $21.1M | $63.4M | $56M | $15M | $16.3M | $10M | $0 | $0 |
| Other Long-Term Assets | $105.6M | $14.6M | $326M | $9.9M | $10M | $13.9M | $11M | $13.5M | $11.1M | $11.8M | $106M | $13.6M | $27.07M | $13.95M |
| Total Long-Term Assets | $759.7M | $756.8M | $1.03B | $821.5M | $1.35B | $1.24B | $1.27B | $1.23B | $1.19B | $1.19B | $1.36B | $1.52B | $1.67B | $1.67B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.05B | $1.12B | $1.46B | $1.18B | $1.73B | $1.65B | $1.65B | $1.55B | $1.55B | $1.52B | $1.7B | $2B | $2.17B | $2.05B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $42.9M | $58.5M | $35.9M | $41.4M | $90.9M | $70.3M | $87.7M | $77.2M | $85.6M | $71.8M | $77.2M | $172.1M | $143.81M | $171.4M |
| Short-Term Debt | $4.1M | $68.5M | $47.1M | $0 | $0 | $177.9M | $11.7M | $2.4M | $2.5M | $12.1M | $32.9M | $16.2M | $2.23M | $0 |
| Current Income Tax Payable | $0 | $3.7M | $3.1M | $2.5M | $1.7M | $2.7M | $5.9M | $4.3M | $6.6M | $6.8M | $1.5M | $14M | $3.76M | $3.29M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $28.2M | $33.2M | $47.1M | $17.4M | $16.7M | $16M | $14.1M | $17.7M | $25.7M | $23.6M | $32.6M | $47.6M | $25.25M | $24.31M |
| Total Current Liabilities | $105.9M | $197.6M | $164.6M | $99.1M | $166.2M | $297.3M | $151.5M | $141.8M | $151.6M | $149M | $226.9M | $288.6M | $209.97M | $233.42M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $130.1M | $134M | $224.1M | $45M | $70M | $0 | $156.8M | $158.1M | $192.6M | $288.5M | $399.2M | $385M | $0 | $528.81M |
| Long-Term Unearned Revenue | $0 | $0 | $200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $1.1M | $3.6M | $3M | $3.4M | $5.6M | $2M | $14M | $55.9M | $40.1M | $21.7M | $18.4M | $49.2M | $45.89M | $61.84M |
| Other Long-Term Liabilities | $22.1M | $20.8M | $28M | $34.9M | $15M | $27.9M | $19.4M | $20.7M | $54.7M | $34.2M | $81.3M | $33.7M | $24.71M | $32.35M |
| Total Long-Term Liabilities | $169.4M | $164.6M | $264.1M | $91.9M | $108.9M | $54.1M | $222.2M | $244.8M | $299.7M | $357.6M | $514.3M | $473.7M | $70.78M | $623M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $275.3M | $362.2M | $428.7M | $191M | $275.1M | $351.4M | $373.7M | $386.6M | $451.3M | $506.6M | $689.7M | $762.3M | $282.99M | $856.42M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $900K | $900K | $900K | $900K | $900K | $900K | $900K | $1.85B | $1.18B |
| Retained Earnings | -$569.4M | -$613.6M | -$375.8M | -$448.2M | -$18.1M | -$168.5M | -$175.1M | -$224.2M | -$291.9M | -$360.1M | -$317.8M | -$84M | $0 | $0 |
| Comprehensive Income & Other | -$124.7M | -$138.1M | -$129.8M | -$122.1M | -$100.4M | -$100.5M | -$112M | -$111M | -$100M | -$132.1M | -$126.2M | -$53.3M | $1.89B | $1.2B |
| Other Stockholders' Equity | $1.34B | $1.37B | $1.41B | $1.44B | $1.48B | $1.47B | $1.46B | $1.43B | $1.42B | $1.37B | $1.32B | $1.32B | $36.53M | $3.77M |
| Total Equity | $775.8M | $756M | $1.03B | $992.9M | $1.46B | $1.3B | $1.29B | $1.21B | $1.13B | $1.01B | $1.01B | $1.24B | $1.89B | $1.19B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.05B | $1.12B | $1.46B | $1.18B | $1.73B | $1.65B | $1.66B | $1.6B | $1.58B | $1.52B | $1.7B | $2B | $2.17B | $2.04B |
| Supplementary Data | ||||||||||||||
| Total Debt | $150.3M | $213M | $286.7M | $64.5M | $102.4M | $202.1M | $200.5M | $170.6M | $207.4M | $313.8M | $447.5M | $407M | $2.42M | $528.81M |
| Net Debt | $96.1M | $82.9M | $199.4M | $16.3M | $33.5M | $54.3M | $122.1M | $97.1M | $95.7M | $247.6M | $384.2M | $351.8M | -$103.17M | $518.51M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||
| Net Income | $44.2M | $23.4M | $65.6M | -$430.1M | $150.2M | $2.9M | $49.7M | $65.6M | $6.5M | $19.8M | $16.5M | -$87M | $105.81M | $79.1M | $98.46M |
| Depreciation & Amortization | $36.3M | $37.6M | $26.2M | $53.9M | $62.5M | $60.6M | $54.4M | $52.4M | $53.8M | $69M | $76.9M | $151.6M | $130.91M | $114.88M | $84.77M |
| Deferred Income Tax | $8.9M | $9.5M | -$40.3M | $1.6M | -$61.2M | -$2.6M | -$700K | $8.7M | -$30.1M | $4M | -$25M | $1.2M | -$30.04M | -$16.7M | -$12.45M |
| Stock-Based Compensation | $28.4M | $0 | $0 | $28.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.88M |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | $1.1M | $4M | $12.7M | $11.1M | -$12.3M | $29M | -$17.8M | -$300K | $2.4M | $35.9M | $45.2M | -$24.3M | -$6.79M | -$20.93M | -$24.28M |
| Inventory | -$5.1M | $1.6M | $11.5M | -$22.8M | -$20.7M | $16.7M | -$300K | -$15.7M | -$34M | $21.9M | $11.7M | -$18.2M | -$14.14M | -$15.48M | -$14.13M |
| Accounts Payable | -$18M | $25M | $6.2M | -$41.2M | $17.2M | -$17.5M | $12.1M | -$6.3M | $4.9M | -$26.6M | -$42.7M | $38M | -$16.05M | $36.3M | $44M |
| Other Working Capital | $4.3M | -$3.3M | -$4.6M | $5.5M | $2.1M | -$5.5M | -$7.7M | -$38.4M | $27.1M | -$9.5M | -$30.1M | $27.7M | -$6.65M | $12.7M | -$24.37M |
| Total Working Capital Change | -$17.7M | $27.3M | $25.8M | -$47.4M | -$13.7M | $22.7M | -$13.7M | -$60.7M | $400K | $21.7M | -$15.9M | $23.2M | -$43.63M | $12.59M | -$18.77M |
| Other Non-Cash Items | $13.9M | $32.3M | $45.4M | $479.7M | $44.3M | $44.5M | $34.2M | $32.5M | $62.3M | -$7M | $25.9M | $26.5M | $11.24M | -$306K | $29.04M |
| Net Cash from Operating | $114M | $130.1M | $122.7M | $86.3M | $182.1M | $128.1M | $123.9M | $98.5M | $92.9M | $107.5M | $78.4M | $115.5M | $174.29M | $189.56M | $182.93M |
| Investing Activities | |||||||||||||||
| Capital Expenditures | -$32.1M | -$13.6M | -$17.2M | -$32.1M | -$48.6M | -$31.9M | -$41.2M | -$80.1M | -$51.6M | -$38.7M | -$64.6M | -$99.9M | -$105.28M | -$145.65M | -$96.31M |
| Acquisitions | $0 | $58M | -$124.4M | -$600K | -$77.9M | $300K | -$69.3M | -$7.9M | $121.1M | $42.6M | -$34.6M | $300K | $5.16M | $3.95M | $3.57M |
| Purchases of Investments | -$1.6M | -$500K | -$400K | -$400K | -$3.5M | -$3.5M | $0 | $0 | $0 | $0 | $0 | -$8M | $0 | $0 | $0 |
| Sales of Investments | $1.6M | $500K | $400K | $400K | $400K | $0 | $0 | $0 | $0 | $2M | $4M | $14.5M | $0 | $0 | $0 |
| Other Investing Activities | $500K | $800K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8.55M | $26.09M | -$824.29M |
| Net Cash from Investing | -$31.6M | $45.2M | -$141.6M | -$32.7M | -$129.6M | -$35.1M | -$110.5M | -$88M | $69.5M | $5.9M | -$95.2M | -$93.1M | -$108.67M | -$115.6M | -$917.03M |
| Financing Activities | |||||||||||||||
| Debt Repaid | $93.2M | $77.5M | -$110.3M | $29.8M | -$67.7M | $3.4M | $9M | $43.4M | $116.1M | $147.5M | -$28.3M | -$396.7M | $574.07M | $886.83M | -$1.06B |
| Common Stock Issuance | $6.7M | $5.8M | $1.6M | $7.5M | $25.6M | $1.8M | $9.8M | $500K | $3.3M | $39.1M | $0 | $100K | $0 | $0 | $0 |
| Common Stock Repurchases | -$65M | -$53.7M | -$47.5M | -$44M | -$44.5M | -$16.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$1.2M | -$6.6M | -$6.2M | -$6.9M | -$180.2M | -$160.28M | -$9.3M | -$5.7M | -$5.1M | -$1.5M | -$2.2M | -$468.2M | $603.4M | $796.79M | -$303.24M |
| Net Cash from Financing | -$158.9M | -$132M | $58.2M | -$73.2M | -$131.4M | -$23.9M | -$8.5M | -$48.6M | -$117.9M | -$109.9M | $26.1M | -$71.4M | $29.33M | -$90.04M | $759.69M |
| Forex Effect | $600K | -$500K | -$200K | -$1.1M | $0 | $300K | $0 | -$100K | $1M | -$600K | -$1.2M | -$1.4M | $340K | $100K | -$173K |
| Net Change in Cash | -$75.9M | $42.8M | $39.1M | -$20.7M | -$78.9M | $69.4M | $4.9M | -$38.2M | $48.3M | $2.9M | $8.1M | -$50.4M | $95.29M | -$16M | $25.41M |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | $114M | $130.1M | $122.7M | $86.3M | $182.1M | $128.1M | $123.9M | $98.5M | $92.9M | $107.5M | $78.4M | $115.5M | $174.29M | $189.56M | $182.93M |
| Capital Expenditure | -$32.1M | -$13.6M | -$17.2M | -$32.1M | -$48.6M | -$31.9M | -$41.2M | -$80.1M | -$51.6M | -$38.7M | -$63.1M | -$83.9M | -$105.28M | -$145.65M | -$96.31M |
| Free Cash Flow | $81.9M | $116.5M | $105.5M | $54.2M | $133.5M | $96.2M | $82.7M | $18.4M | $41.3M | $68.8M | $15.3M | $31.6M | $69.01M | $43.91M | $86.61M |
| Cash at Beginning | $130.1M | $87.3M | $48.2M | $68.9M | $147.8M | $78.4M | $73.5M | $111.7M | $63.4M | $63.3M | $55.2M | $105.6M | $10.3M | $26.3M | $880K |
| Cash at End | $54.2M | $130.1M | $87.3M | $48.2M | $68.9M | $147.8M | $78.4M | $73.5M | $111.7M | $66.2M | $63.3M | $55.2M | $105.59M | $10.3M | $26.29M |