SAFE BULKERS, INC. (SB)
Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years. This fleet was comprised of 12 Panamax, 7 Kamsarmax, 15 Post-Panamax, and 6 Capesize class ships. Safe Bulkers, Inc. was established in 2007 and is headquartered in Monaco.
Sector: Deep Sea Foreign Transportation of Freight
Industry: Marine Shipping
Safe Bulkers, Inc.
NYSE:SBIndustrials · Marine Shipping
PrePre-market+0.98%$7.18
Close$7.110.00%AH$7.11+0.98%Now$7.18
Close$7.11+0.71%AH$7.11+0.98%since
Mkt Cap$809.36M
Float51.41M
O/S113.83M
PM VOL992 sh
$ Vol≈$7K
RVOL0.14×
Inst Own35.2%
SI6.6%
EarningsNov 25 · in 2w
Div Yield3.31%
Dilution
Financials Summary
Revenue$275.74M
Net Income$38.56M
Total Assets$1.4B
Free Cash Flow$60.3M
Debt & Equity
Debt 39%
Equity 61%
Total Debt$540.14M
Total Equity$830.71M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.4B
Liabilities$572.48M
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$1.19B
Goodwill$0
Intangible Assets$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $275.74M | $307.63M | $284.4M | $349.72M | $329.03M | $198.16M | $197.76M | $193.19M | $148.03M | $109.77M | $127.32M | $154.09M | $186.72M | $184.3M | $168.91M | $157.02M | $164.61M | $200.77M | $165.85M | $95.31M |
| YoY Growth | -10.4% | 8.2% | -18.7% | 6.3% | 66.0% | 0.2% | 2.4% | 30.5% | 34.9% | -13.8% | -17.4% | -17.5% | 1.3% | 9.1% | 7.6% | -4.6% | -18.0% | 21.1% | 74.0% | - |
| Cost of Revenue | $176.68M | $167.46M | $165M | $139.7M | $134.17M | $165.94M | $132.59M | $117.96M | $108.15M | $106.68M | $120.46M | $113.15M | $89.56M | $74.08M | $51.48M | $43.41M | $34.1M | $28.5M | $22.19M | $0 |
| Gross Profit | $99.06M | $140.17M | $119.41M | $210.02M | $194.87M | $32.22M | $65.17M | $75.23M | $39.88M | $3.09M | $6.86M | $40.95M | $97.16M | $110.22M | $117.43M | $113.61M | $130.51M | $172.27M | $143.66M | $95.31M |
| Gross Margin | 35.9% | 45.6% | 42.0% | 60.1% | 59.2% | 16.3% | 33.0% | 38.9% | 26.9% | 2.8% | 5.4% | 26.6% | 52.0% | 59.8% | 69.5% | 72.4% | 79.3% | 85.8% | 86.6% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $29.85M | $27.04M | $23.76M | $21.8M | $22.5M | $21.5M | $20.64M | $19.24M | $16.12M | $15.38M | $14.62M | $13.33M | $11.36M | $9.95M | $8.49M | $7.02M | $7.05M | $8.61M | $25.09M | $1.01M |
| Other | $0 | $1.26M | $1.87M | $3.57M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.43M | -$4M | $0 | $0 | -$212K | $0 | $0 | $0 | $0 | $11.81M |
| Total Operating Expenses | $29.85M | $28.3M | $25.63M | $25.37M | $22.5M | $21.5M | $20.64M | $19.24M | $16.12M | $15.38M | $16.05M | $17.33M | $11.36M | $9.95M | $8.7M | $7.02M | $7.05M | $8.61M | $25.09M | $12.82M |
| Operating Income (EBIT) | $69.21M | $111.87M | $93.77M | $184.65M | $172.37M | $10.72M | $44.53M | $55.99M | $23.76M | -$12.29M | -$9.19M | $23.61M | $85.8M | $100.27M | $108.73M | $106.59M | $123.46M | $163.66M | $118.56M | $108.13M |
| Operating Margin | 25.1% | 36.4% | 33.0% | 52.8% | 52.4% | 5.4% | 22.5% | 29.0% | 16.1% | -11.2% | -7.2% | 15.3% | 45.9% | 54.4% | 64.4% | 67.9% | 75.0% | 81.5% | 71.5% | 113.4% |
| Interest Expense | $33.8M | $34.95M | $27.94M | $20.5M | $18.41M | $23.6M | $29.37M | $28.48M | $25.68M | $24.37M | $14.69M | $10.94M | $10.34M | $10.3M | $5.84M | $6.42M | $10.45M | $16.39M | $8.22M | $6.14M |
| Interest Income | $5.12M | $3.4M | $2.5M | $783K | $69K | $604K | $1.56M | $929K | $8.45M | $515K | $86K | $821K | $1.01M | $1.12M | $1.05M | $2.63M | $2.16M | $1.49M | $1.29M | $775K |
| Other Income (Expense) | -$30.64M | -$14.5M | -$16.42M | -$12.09M | $1.98M | -$23.62M | -$28.49M | -$28.31M | -$108.44M | -$43.67M | -$38.75M | -$8.98M | -$2.54M | -$4.15M | -$19M | $3.06M | $41.95M | -$44.45M | $90.64M | -$5.54M |
| Income Before Tax (EBT) | $38.56M | $97.38M | $77.35M | $172.55M | $174.35M | -$12.9M | $16.04M | $27.68M | -$84.68M | -$55.97M | -$47.94M | $14.63M | $83.26M | $96.12M | $89.73M | $109.65M | $165.41M | $119.21M | $209.2M | $102.59M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.9M |
| Net Income | $38.56M | $97.38M | $77.35M | $172.55M | $174.35M | -$12.9M | $16.04M | $27.68M | -$84.68M | -$55.97M | -$47.94M | $14.63M | $83.26M | $96.12M | $89.73M | $109.65M | $165.41M | $119.21M | $209.2M | $97.22M |
| Net Income Margin | 14.0% | 31.7% | 27.2% | 49.3% | 53.0% | -6.5% | 8.1% | 14.3% | -57.2% | -51.0% | -37.7% | 9.5% | 44.6% | 52.2% | 53.1% | 69.8% | 100.5% | 59.4% | 126.1% | 102.0% |
| Supplementary Data | ||||||||||||||||||||
| EPS | 0.30 | 0.83 | 0.61 | 1.36 | 1.44 | -0.25 | 0.04 | 0.27 | -0.84 | -0.66 | -0.57 | 0.06 | 1.05 | 1.27 | 1.29 | 1.73 | 3.03 | 2.19 | 3.84 | 1.78 |
| Diluted EPS | 0.30 | 0.83 | 0.61 | 1.36 | 1.44 | -0.25 | 0.04 | 0.27 | -0.84 | -0.66 | -0.57 | 0.06 | 1.05 | 1.27 | 1.29 | 1.73 | 3.03 | 2.19 | 3.84 | 1.78 |
| Weighted Average OS | 103.04M | 107.58M | 113.62M | 120.65M | 113.72M | 102.62M | 101.69M | 101.60M | 100.93M | 84.53M | 83.48M | 83.45M | 77.50M | 75.47M | 69.46M | 63.30M | 54.51M | 54.50M | 54.50M | 54.50M |
| EBITDA | $132.25M | $190.46M | $159.42M | $242.57M | $245.13M | $64.96M | $95.72M | $104.23M | -$7.57M | $17.89M | $13.87M | $68.66M | $130.99M | $138.67M | $119.21M | $135.74M | $189.86M | $146.35M | $227.17M | $92.22M |
| EBITDA Margin | 48.0% | 61.9% | 56.1% | 69.4% | 74.5% | 32.8% | 48.4% | 54.0% | -5.1% | 16.3% | 10.9% | 44.6% | 70.2% | 75.2% | 70.6% | 86.4% | 115.3% | 72.9% | 137.0% | 96.8% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | ||||||||||||||||||||
| Current Assets | ||||||||||||||||||||
| Cash and Cash Equivalents | $153.15M | $84.08M | $50.21M | $50.19M | $101M | $93.44M | $78.94M | $52.19M | $47.86M | $82.81M | $195.25M | $118.25M | $71.42M | $125.52M | $28.12M | $65.33M | $24.83M | $60.33M | $0 | $0 |
| Short-Term Investments | $0 | $44.34M | $39.73M | $64.19M | $1.08M | $11.78M | $27.44M | $29.89M | $12.22M | $12M | $1.5M | $0 | $50M | $0 | $0 | $35.08M | $57.89M | $21.27M | $0 | $0 |
| Cash and Short-Term Investments | $153.15M | $128.42M | $89.94M | $114.38M | $102.08M | $105.22M | $106.38M | $82.08M | $60.08M | $94.81M | $196.75M | $118.25M | $121.42M | $125.52M | $28.12M | $100.42M | $82.71M | $81.61M | $0 | $72K |
| Accounts Receivable | $0 | $15.08M | $9.28M | $7.16M | $8.75M | $5.49M | $16.07M | $12.22M | $13.05M | $9M | $7.57M | $4.74M | $36.37M | $37.05M | $5.57M | $1.28M | $1.91M | $640K | $98.09M | $1.45M |
| Inventory | $0 | $14.88M | $16.65M | $17.32M | $8.65M | $12.04M | $9.27M | $4.14M | $4.23M | $5.17M | $5.17M | $11.19M | $12.6M | $5.9M | $2.65M | $1.42M | $1.25M | $1.19M | $792K | $633K |
| Other Current Assets | $47.45M | $7.01M | $30.85M | $18.84M | $4.63M | $11.99M | $4.27M | $2.82M | $1.73M | $2.02M | $33.67M | $2.17M | $2.79M | $3.45M | $1.61M | $1.16M | $19.78M | $4.65M | $0 | $279.87M |
| Total Current Assets | $200.6M | $165.39M | $146.72M | $157.7M | $124.12M | $134.73M | $135.99M | $101.26M | $79.09M | $111.01M | $243.16M | $136.34M | $173.19M | $171.92M | $37.96M | $104.28M | $105.65M | $88.09M | $98.88M | $282.02M |
| Long-Term Assets | ||||||||||||||||||||
| Property, Plant & Equipment Net | $1.19B | $1.23B | $1.18B | $1.08B | $952.81M | $951.29M | $964M | $963.89M | $946.53M | $1.05B | $1.06B | $1.03B | $931.5M | $849.9M | $777.66M | $640.26M | $467.51M | $387.3M | $255.07M | $253.45M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $9.68M | $8.15M | $11.61M | $10.28M | $16.41M | $18.88M | $14.16M | $11.02M | $9.48M | $11.02M | $8.94M | $5.17M | $2.19M | $53.92M | $55.42M | $59.91M | $54.89M | $6.13M | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $23K | $36K | $268K | $536K | $980K | $722K | $498K | $35K | $0 | $0 | $1.02M | $6.15M | $5.35M | $6.47M | $6.23M | $930K | $677K | $773K | $53.71M | $314K |
| Total Long-Term Assets | $1.2B | $1.24B | $1.19B | $1.09B | $970.2M | $970.89M | $978.65M | $974.94M | $956.01M | $1.06B | $1.07B | $1.05B | $939.03M | $910.29M | $839.31M | $701.1M | $523.08M | $394.2M | $308.77M | $253.76M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.4B | $1.4B | $1.34B | $1.25B | $1.09B | $1.11B | $1.11B | $1.08B | $1.04B | $1.17B | $1.31B | $1.18B | $1.11B | $1.08B | $877.27M | $805.37M | $628.72M | $482.28M | $407.66M | $535.78M |
| Liabilities | ||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||
| Accounts Payable | $0 | $9.9M | $10.44M | $10.49M | $9.98M | $13.48M | $12.97M | $6.13M | $4.14M | $5.39M | $5.28M | $3.01M | $4.11M | $3.06M | $1.18M | $1.47M | $2.67M | $1.57M | $1.2M | $1.05M |
| Short-Term Debt | $42.37M | $58.19M | $25.53M | $43.56M | $61.86M | $75.78M | $64.05M | $36.19M | $25.59M | $12.18M | $77.47M | $17.12M | $35.19M | $19.2M | $18.49M | $27.67M | $15.74M | $54.81M | $16.62M | $8.27M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $121K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $6.54M | $10.85M | $9.52M | $11.01M | $6.22M | $3.04M | $5.41M | $3.54M | $2.04M | $1.96M | $3.6M | $13.11M | $18.2M | $23.21M | $0 | $0 | $0 | $0 | $1.94M |
| Other Current Liabilities | $26.69M | $11.84M | $8.91M | $27.75M | $5.84M | $9.23M | $6.59M | $6.88M | $3.67M | $4.17M | $21.03M | $4.98M | $4.9M | $7.03M | $8.79M | $23.84M | $47.14M | $14.48M | $26.16M | $161.01M |
| Total Current Liabilities | $69.06M | $86.47M | $55.73M | $91.32M | $88.69M | $104.72M | $86.78M | $54.61M | $36.93M | $23.78M | $105.73M | $28.72M | $57.3M | $47.49M | $51.67M | $52.98M | $65.55M | $70.86M | $43.98M | $172.28M |
| Long-Term Liabilities | ||||||||||||||||||||
| Long-Term Debt | $497.77M | $478.45M | $482.39M | $370.81M | $315.8M | $531.88M | $537M | $538.51M | $541.82M | $569.78M | $569.4M | $452.45M | $473.11M | $596.47M | $465.81M | $467.07M | $420.99M | $413.48M | $306.27M | $134.46M |
| Long-Term Unearned Revenue | $0 | $2.62M | $3.25M | $7.33M | $7.99M | $3.54M | $648K | $253K | $0 | $0 | $0 | $0 | $196K | $3.42M | $17.82M | $31.4M | $29.45M | $11.77M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $5.64M | $3.93M | $5.93M | $4.55M | $2.6M | $2.64M | $274K | $0 | $0 | $1.66M | $360K | $1.06M | $3.27M | $8.98M | $10.13M | $9.79M | $15.51M | $21.72M | $3.01M | $0 |
| Total Long-Term Liabilities | $503.42M | $485.01M | $491.57M | $382.69M | $326.39M | $538.05M | $537.92M | $538.76M | $541.82M | $571.44M | $569.76M | $453.51M | $476.58M | $608.86M | $493.76M | $508.26M | $465.95M | $446.96M | $309.27M | $134.46M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $572.48M | $571.48M | $547.3M | $474M | $415.08M | $642.77M | $624.7M | $593.37M | $578.75M | $595.22M | $675.49M | $482.23M | $533.88M | $656.36M | $545.43M | $561.24M | $531.5M | $517.83M | $353.26M | $306.73M |
| Stockholders' Equity | ||||||||||||||||||||
| Preferred Stock | $0 | $40K | $40K | $40K | $55K | $18.17M | $17.25M | $17.05M | $59K | $70K | $71K | $71K | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $105K | $112K | $119K | $122K | $102K | $104K | $103K | $102K | $99K | $83K | $83K | $83K | $77K | $71K | $66K | $55K | $55K | $0 | $0 |
| Retained Earnings | $0 | $507.34M | $439.46M | $392.79M | $253.86M | $90.31M | $115.62M | $111.28M | $95.11M | $194.25M | $264.26M | $329.74M | $341.02M | $275.51M | $216.85M | $168.9M | $97.07M | -$35.63M | $54.4M | $229.05M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $830.71M | $324.18M | $352.94M | $379.01M | $425.26M | $372.45M | $374.22M | $371.45M | $361.14M | $384.19M | $369.8M | $370.27M | $237.23M | $150.27M | $114.92M | $75.17M | $90K | $30K | $0 | $0 |
| Total Equity | $830.71M | $831.62M | $792.51M | $771.92M | $679.24M | $462.86M | $489.94M | $482.83M | $456.35M | $578.54M | $634.15M | $700.1M | $578.34M | $425.86M | $331.84M | $244.13M | $97.22M | -$35.55M | $54.4M | $229.05M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.4B | $1.4B | $1.34B | $1.25B | $1.09B | $1.11B | $1.11B | $1.08B | $1.04B | $1.17B | $1.31B | $1.18B | $1.11B | $1.08B | $877.27M | $805.37M | $628.72M | $482.28M | $407.66M | $535.78M |
| Supplementary Data | ||||||||||||||||||||
| Total Debt | $540.14M | $536.64M | $507.92M | $414.36M | $377.65M | $607.67M | $601.05M | $574.69M | $567.4M | $581.96M | $646.87M | $469.57M | $508.3M | $615.67M | $484.29M | $494.74M | $436.74M | $468.29M | $322.89M | $142.73M |
| Net Debt | $387M | $452.56M | $457.71M | $364.18M | $276.65M | $514.23M | $522.11M | $522.5M | $519.54M | $499.14M | $451.62M | $351.32M | $436.87M | $490.14M | $456.17M | $429.41M | $411.91M | $407.96M | $322.89M | $142.73M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | ||||||||||||||||||||
| Net Income | $38.56M | $97.38M | $77.35M | $172.55M | $174.35M | -$12.9M | $16.04M | $27.68M | -$84.68M | -$55.97M | -$47.94M | $14.63M | $83.26M | $96.12M | $89.73M | $109.65M | $165.41M | $119.21M | $211.68M | $97.22M |
| Depreciation & Amortization | $59.88M | $58.13M | $54.13M | $49.52M | $52.36M | $54.27M | $50.31M | $48.07M | $51.42M | $49.48M | $47.13M | $43.08M | $37.39M | $32.25M | $23.64M | $19.67M | $14M | $10.74M | $9.75M | $9.73M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $111K | $179K | $81.93M | $19.52M | $22.22M | -$2.14M | -$6.33M | -$2.8M | $0 | -$15.2M | -$3.73M | $6.57M | $0 | $0 |
| Stock-Based Compensation | $0 | $150K | $144K | $120K | $120K | $0 | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $120K | $60K | $30K | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||
| Accounts Receivable | $3.29M | -$5.71M | -$1.98M | $1.65M | -$3.46M | $10.97M | -$4.22M | -$534K | -$2.37M | -$1.7M | -$2.01M | $42K | $675K | $303K | -$4.26M | $620K | -$1.38M | $1.19M | -$272K | $1.01M |
| Inventory | -$7.96M | $928K | -$683K | -$13.18M | $3.9M | -$3.53M | -$5.54M | $88K | $947K | $238K | $4.34M | -$2.59M | -$6.7M | -$3.25M | -$1.24M | -$172K | -$56K | -$397K | -$159K | -$297K |
| Accounts Payable | $3.52M | -$1.12M | $385K | $505K | -$3.99M | $2.45M | $5.04M | $2.63M | -$486K | -$1.68M | $1.73M | -$997K | $950K | $1.88M | -$287K | -$1.2M | $1.09M | $373K | $0 | $0 |
| Other Working Capital | -$3.25M | -$4.08M | -$1.79M | $1.95M | $10.25M | $8.59M | -$5.71M | $5.42M | -$516K | $410K | -$3.19M | -$10.27M | -$10.03M | -$20.79M | -$1.43M | $9.22M | $16.57M | $101.78M | $7.73M | $974K |
| Total Working Capital Change | -$4.4M | -$9.98M | -$4.07M | -$9.07M | $6.7M | $18.48M | -$10.42M | $7.61M | -$2.43M | -$2.73M | $879K | -$13.81M | -$15.1M | -$21.85M | -$7.22M | $8.47M | $16.23M | $102.94M | $7.29M | $1.69M |
| Other Non-Cash Items | $8.26M | -$15.22M | -$5.35M | $4.88M | -$16.32M | $3.54M | $2.12M | $1.79M | $2.83M | $3.06M | $3.11M | $1.84M | $1.25M | $1.23M | $916K | -$4.57M | $19.37M | $20.1M | $49.78M | -$121.45M |
| Net Cash from Operating | $102.29M | $130.46M | $122.21M | $218M | $217.2M | $63.38M | $58.28M | $85.45M | $49.2M | $13.5M | $25.52M | $43.73M | $100.59M | $105.06M | $107.19M | $118.15M | $211.34M | $259.6M | $278.51M | -$12.81M |
| Investing Activities | ||||||||||||||||||||
| Capital Expenditures | -$41.99M | -$144.78M | -$209.1M | -$183.28M | -$109.23M | -$50.44M | -$39.24M | -$45.93M | -$59.94M | -$58.37M | -$123.54M | -$146.3M | -$118.89M | -$136.84M | -$160.97M | -$192.42M | -$131.47M | -$89.57M | $0 | $0 |
| Acquisitions | $23.39M | $0 | $0 | $16.93M | $0 | $0 | -$2.46M | $0 | $21.94M | $91.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$123.51M | -$81.99M | -$52.87M | -$79.82M | -$2.31M | -$93.79M | -$84.97M | -$60.8M | -$37.63M | -$51.45M | -$1.5M | $0 | $0 | $0 | $0 | $0 | -$50M | $0 | $0 | $0 |
| Sales of Investments | $151.81M | $77.03M | $79.47M | $16.76M | $13.01M | $109.45M | $87.42M | $43.06M | $37.48M | $39.45M | $0 | $50M | $0 | $0 | $35.08M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $78M | $30.77M | $4K | $107.08M | $0 | $2.46M | -$17.74M | -$38K | $21K | -$57.14M | $29.29M | $18.55M | -$21.3M | $0 | $60.71M | -$10.39M | -$58.65M | $88.42M | -$33.84M |
| Net Cash from Investing | $9.7M | -$71.73M | -$151.73M | -$229.4M | $8.55M | -$34.78M | -$36.78M | -$63.67M | -$38.2M | $21.3M | -$182.18M | -$67.01M | -$100.34M | -$158.15M | -$125.89M | -$131.71M | -$191.86M | -$148.22M | $88.42M | -$33.84M |
| Financing Activities | ||||||||||||||||||||
| Debt Repaid | $10.54M | -$36.16M | -$89.97M | -$61.87M | $265.73M | -$10.4M | -$26.24M | -$7.79M | $7.54M | $84.03M | -$203.24M | $38.73M | $107.37M | -$131.38M | $10.45M | -$23.51M | -$3.96M | -$135.6M | -$142.57M | -$1.93M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $71.16M | -$338K | $0 | $0 | $0 | $16.49M | $446.9M | $0 | $48.26M | $35.24M | $39.64M | $74.97M | $0 | $55K | $0 | $0 |
| Common Stock Repurchases | -$11.01M | -$28.92M | -$26.22M | -$46.37M | -$17.71M | -$6.1M | -$4.15M | -$10.11M | $0 | -$120K | -$590K | -$561K | $0 | $0 | $0 | $0 | $0 | -$21.57M | -$209.35M | $0 |
| Dividends Paid | -$28.61M | -$29.5M | -$30.68M | -$33.63M | -$11.2M | -$11.5M | -$11.49M | -$11.39M | -$12.32M | -$14.05M | -$17.54M | -$25.91M | -$17.74M | -$37.46M | -$41.78M | -$37.82M | -$32.71M | -$209.24M | -$383.85M | $0 |
| Other Financing Activities | -$2.21M | -$3.6M | -$3.93M | -$21.97M | $14.9M | -$1.76M | -$2.05M | -$1.87M | -$1.87M | $14.32M | -$5.02M | -$2.73M | -$772K | -$1.47M | -$5.92M | -$519K | $0 | $11.49M | $83.71M | $44.72M |
| Net Cash from Financing | -$52.37M | -$25.86M | $29.14M | -$40.1M | -$225.9M | -$9.29M | $8.54M | -$15.58M | -$46.7M | -$83.9M | $180.09M | $65.92M | -$38.3M | $127.68M | -$18.51M | $60.14M | -$28.74M | -$83.67M | -$366.92M | $46.64M |
| Forex Effect | -$2.13M | -$371K | $353K | -$709K | -$794K | -$4.8M | $10K | -$119K | $244K | -$25K | $0 | $0 | $0 | $0 | $0 | $326K | $0 | $0 | $0 | $0 |
| Net Change in Cash | $57.5M | $32.5M | -$25K | -$52.21M | -$940K | $14.5M | $30.05M | $6.08M | -$36.3M | -$49.13M | $23.43M | $42.64M | -$38.05M | $74.6M | -$37.21M | $46.9M | -$9.27M | $27.7M | $0 | $0 |
| Supplementary Data | ||||||||||||||||||||
| Operating Cash Flow | $102.29M | $130.46M | $122.21M | $218M | $217.2M | $63.38M | $58.28M | $85.45M | $49.2M | $13.5M | $25.52M | $43.73M | $100.59M | $105.06M | $107.19M | $118.15M | $211.34M | $259.6M | $278.51M | -$12.81M |
| Capital Expenditure | -$41.99M | -$144.78M | -$209.1M | -$183.28M | -$109.23M | -$50.44M | -$39.24M | -$45.93M | -$59.94M | -$58.37M | -$123.54M | -$146.3M | -$118.89M | -$136.84M | -$160.97M | -$192.42M | -$131.47M | -$89.57M | $0 | $0 |
| Free Cash Flow | $60.3M | -$14.32M | -$86.9M | $34.72M | $107.97M | $12.93M | $19.04M | $39.52M | -$10.74M | -$44.87M | -$98.02M | -$102.57M | -$18.3M | -$31.78M | -$53.78M | -$74.27M | $79.86M | $170.03M | $278.51M | -$12.81M |
| Cash at Beginning | $84.08M | $59.06M | $59.09M | $111.25M | $112.19M | $78.94M | $62.59M | $56.51M | $92.81M | $130.74M | $107.31M | $64.67M | $102.72M | $28.12M | $65.33M | $18.43M | $27.7M | $0 | $0 | $0 |
| Cash at End | $141.58M | $91.56M | $59.06M | $59.05M | $111.25M | $93.44M | $92.64M | $62.59M | $56.51M | $81.62M | $130.74M | $107.31M | $64.67M | $102.72M | $28.12M | $65.33M | $18.43M | $27.7M | $0 | $0 |