Texas Pacific Land Corp (TPL)
Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.
Sector: Oil Royalty Traders
Industry: Oil & Gas Exploration & Production
Texas Pacific Land Corporation
NYSE:TPLEnergy · Oil & Gas Exploration & Production
+1.38%$338.26
AH Close$338.26+0.00%vs close
AH Close$338.26+0.00%vs close
Mkt Cap$23.33B
Float55.29M
O/S68.97M
Inst Own58.6%
SI7.7%
Div Yield0.69%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$798.19M
Net Income$481.38M
Total Assets$1.62B
Free Cash Flow$486.38M
Debt & Equity
Debt 2%
Equity 98%
Total Debt$32.35M
Total Equity$1.46B
Shares Outstanding
Short Interest
Split History3 splits
- 3:1Forward splitDec 23, 20251 share → 3
- 3:1Forward splitMar 27, 20241 share → 3
- 5:1Forward splitJul 13, 20071 share → 5
Balance Sheet Details
Assets$1.62B
Liabilities$164.37M
Accounts Receivable$164.91M
Accounts Payable$48.49M
Inventory$0
PP&E (Net)$178.22M
Goodwill$0
Intangible Assets$32.85M
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 | $798.19M | $705.82M | $631.6M | $667.42M | $450.96M | $302.55M | $490.5M | $300.22M | $132.33M | $59.91M | $79.41M | $55.2M | $44.11M | $32.59M | $33.42M | $20.07M | $13.08M | $19.3M | $15.47M | $22.46M | $15.41M | $29.14M | $9.95M | $9.12M | $13.43M | $7.8M | $5.92M | $10.48M | $13.08M | $8.58M | $6.44M | $9.1M | $5.3M | $4.3M | $4.9M | $5.6M | $5.4M | $4.9M | $5.4M | $6.2M |
| YoY Growth | 13.1% | 11.8% | -5.4% | 48.0% | 49.1% | -38.3% | 63.4% | 126.9% | 120.9% | -24.6% | 43.9% | 25.1% | 35.4% | -2.5% | 66.6% | 53.4% | -32.2% | 24.8% | -31.1% | 45.8% | -47.1% | 192.8% | 9.1% | -32.1% | 72.2% | 31.6% | -43.5% | -19.8% | 52.4% | 33.2% | -29.2% | 71.7% | 23.3% | -12.2% | -12.5% | 3.7% | 10.2% | -9.3% | -12.9% | - |
| Cost of Revenue | $116.06M | $71.29M | $48.32M | $32.89M | $29.49M | $32.6M | $29.71M | $13.75M | $867K | $43K | $36K | $20K | $16K | $17K | $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 |
| Gross Profit | $682.13M | $634.54M | $583.27M | $634.53M | $421.47M | $269.95M | $460.78M | $286.47M | $131.46M | $59.87M | $79.38M | $55.18M | $44.09M | $32.57M | $33.42M | $20.07M | $13.08M | $19.3M | $15.47M | $22.46M | $15.41M | $29.14M | $9.95M | $9.12M | $13.43M | $7.8M | $5.92M | $10.48M | $13.08M | $8.58M | $6.44M | $9.1M | $5.3M | $4.3M | $4.9M | $5.6M | $5.4M | $4.9M | $5.4M | $6.2M |
| Gross Margin | 85.5% | 89.9% | 92.3% | 95.1% | 93.5% | 89.2% | 93.9% | 95.4% | 99.3% | 99.9% | 100.0% | 100.0% | 100.0% | 99.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 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 | $1 | $1 | $1 | $1 | $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 | $81.7M | $34.48M | $89.83M | $63.49M | $58.93M | $52.7M | $59.01M | $25.64M | $8.52M | $3.02M | $2.64M | $2.07M | $2.53M | $2.32M | $2.58M | $2.88M | $2.44M | $2.78M | $580K | $555K | $487K | $443K | $406K | $445K | $531K | $469K | $414K | $399K | $491K | $431K | $456K | $500K | $900K | $900K | $400K | $400K | $0 | $0 | $0 | $0 |
| Other | $8.26M | $60.92M | $7.38M | $8.73M | $144K | $0 | $0 | $0 | $3.17M | $1.79M | $1.48M | $1.7M | $1.43M | $950K | $980K | $791K | $654K | $935K | $3.38M | $5.59M | $2.75M | $2.93M | $1.95M | $1.58M | $2.85M | $1.99M | $1.31M | $1.24M | $2.75M | $2.01M | $1.23M | -$1.8M | -$1.7M | -$1.6M | -$1.6M | -$1.5M | -$1.4M | -$1.3M | -$1.3M | -$1.3M |
| Total Operating Expenses | $89.97M | $95.4M | $97.22M | $72.22M | $59.08M | $52.7M | $59.01M | $25.64M | $11.69M | $4.81M | $4.12M | $3.77M | $3.96M | $3.27M | $3.56M | $3.67M | $3.09M | $3.72M | $3.96M | $6.14M | $3.23M | $3.37M | $2.36M | $2.03M | $3.39M | $2.46M | $1.72M | $1.64M | $3.24M | $2.44M | $1.69M | -$1.3M | -$800K | -$700K | -$1.2M | -$1.1M | -$1.4M | -$1.3M | -$1.3M | -$1.3M |
| Operating Income (EBIT) | $592.16M | $539.14M | $486.05M | $562.31M | $362.39M | $217.25M | $401.77M | $260.83M | $119.78M | $55.06M | $75.26M | $51.42M | $40.13M | $29.3M | $30.74M | $16.4M | $9.99M | $15.58M | $11.51M | $16.32M | $12.17M | $25.77M | $7.6M | $7.09M | $10.04M | $5.34M | $4.2M | $8.84M | $9.83M | $6.14M | $4.75M | $10.4M | $6.1M | $5M | $6.1M | $6.7M | $6.8M | $6.2M | $6.7M | $7.5M |
| Operating Margin | 74.2% | 76.4% | 77.0% | 84.3% | 80.4% | 71.8% | 81.9% | 86.9% | 90.5% | 91.9% | 94.8% | 93.1% | 91.0% | 89.9% | 92.0% | 81.7% | 76.4% | 80.7% | 74.4% | 72.6% | 79.0% | 88.4% | 76.3% | 77.8% | 74.8% | 68.5% | 70.9% | 84.4% | 75.2% | 71.5% | 73.8% | 114.3% | 115.1% | 116.3% | 124.5% | 119.6% | 125.9% | 126.5% | 124.1% | 121.0% |
| Interest Expense | $690K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $898K | $0 | $1.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $17.97M | $32.14M | $28.63M | $6.21M | $0 | $0 | $0 | $0 | $84K | $29K | $27K | $15K | $12K | $19K | $898K | $26K | $1.27M | $1.59M | $1.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $18.17M | $39.68M | $31.51M | $6.55M | $624K | $2.4M | $2.68M | $916K | $114K | $29K | $27K | $15K | $12K | $19K | $19K | $26K | $53K | $229K | $370K | $561K | $246K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$52K | -$3.1M | -$2.5M | -$2.3M | -$2.8M | -$2.6M | -$2.8M | -$2.5M | -$2.6M | -$2.6M |
| Income Before Tax (EBT) | $610.33M | $578.82M | $517.56M | $568.86M | $363.02M | $219.66M | $402.25M | $261.75M | $119.86M | $55.09M | $75.28M | $51.43M | $40.14M | $29.32M | $30.76M | $16.42M | $10.04M | $15.8M | $11.88M | $16.88M | $12.17M | $25.77M | $7.6M | $7.09M | $10.04M | $5.34M | $4.2M | $8.84M | $9.83M | $6.14M | $4.75M | $7.3M | $3.6M | $2.7M | $3.3M | $4.1M | $4M | $3.7M | $4.1M | $4.9M |
| Income Tax Expense | $128.95M | $124.86M | $111.92M | $122.49M | $93.04M | $43.61M | $83.53M | $52.01M | $43.5M | $17.85M | $25.24M | $16.67M | $12.92M | $9.68M | $10.16M | $5.12M | $3.13M | $4.87M | $3.63M | $5.31M | $3.66M | $8.36M | $2.27M | $2.19M | $3.16M | $1.58M | $1.26M | $2.81M | $3.12M | $1.87M | $1.42M | $2.3M | $1.1M | $700K | $1M | $1.3M | $1.2M | $1.4M | $1.4M | $1.8M |
| Net Income | $481.38M | $453.96M | $405.64M | $446.36M | $269.98M | $176.05M | $318.73M | $209.74M | $76.36M | $37.24M | $50.04M | $34.77M | $27.22M | $19.65M | $20.59M | $11.31M | $6.91M | $10.94M | $8.25M | $11.57M | $8.51M | $17.41M | $5.33M | $4.9M | $6.89M | $3.76M | $2.94M | $6.03M | $6.71M | $4.26M | $3.33M | $5M | $1.7M | $2M | $2.3M | $2.8M | $2.8M | $2.3M | $2.7M | $3.1M |
| Net Income Margin | 60.3% | 64.3% | 64.2% | 66.9% | 59.9% | 58.2% | 65.0% | 69.9% | 57.7% | 62.2% | 63.0% | 63.0% | 61.7% | 60.3% | 61.6% | 56.4% | 52.8% | 56.7% | 53.3% | 51.5% | 55.2% | 59.8% | 53.6% | 53.7% | 51.3% | 48.2% | 49.6% | 57.6% | 51.3% | 49.7% | 51.7% | 54.9% | 32.1% | 46.5% | 46.9% | 50.0% | 51.9% | 46.9% | 50.0% | 50.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 6.98 | 6.57 | 5.86 | 6.42 | 3.87 | 2.52 | 4.57 | 2.99 | 1.38 | 0.59 | 0.68 | 0.46 | 0.35 | 0.73 | 0.25 | 0.13 | 0.08 | 0.12 | 0.09 | 0.12 | 0.09 | 0.18 | 0.05 | 0.05 | 0.06 | 0.03 | 0.02 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
| Diluted EPS | 6.97 | 6.57 | 5.86 | 6.42 | 3.87 | 2.52 | 4.57 | 2.99 | 1.38 | 0.59 | 0.68 | 0.46 | 0.35 | 0.73 | 0.25 | 0.13 | 0.08 | 0.12 | 0.09 | 0.12 | 0.09 | 0.18 | 0.05 | 0.05 | 0.06 | 0.03 | 0.02 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
| Weighted Average OS | 68.95M | 69.06M | 69.18M | 69.53M | 69.77M | 69.81M | 69.81M | 70.09M | 70.69M | 71.90M | 73.78M | 75.58M | 77.41M | 26.82M | 252.10M | 261.36M | 270.48M | 279.57M | 284.48M | 289.24M | 293.16M | 297.94M | 307.51M | 316.56M | 333.21M | 345.13M | 357.30M | 366.88M | 378.83M | 397.60M | 408.71M | 427.21M | 441.34M | 450.00M | 470.45M | 478.48M | 490.90M | 492.85M | 499.31M | 510.36M |
| EBITDA | $673.55M | $603.98M | $500.81M | $577.68M | $378.65M | $231.66M | $408.48M | $263.42M | $145.35M | $55.1M | $75.29M | $51.44M | $40.15M | $29.32M | $30.75M | $16.41M | $10.03M | $15.61M | $11.54M | $16.35M | $12.2M | $25.81M | $7.65M | $7.14M | $10.1M | $5.39M | $4.25M | $8.9M | $9.88M | $6.15M | $4.76M | $10.4M | $6.1M | $5M | $6.1M | $6.7M | $6.8M | $6.2M | $6.7M | $7.5M |
| EBITDA Margin | 84.4% | 85.6% | 79.3% | 86.6% | 84.0% | 76.6% | 83.3% | 87.7% | 109.8% | 92.0% | 94.8% | 93.2% | 91.0% | 90.0% | 92.0% | 81.8% | 76.7% | 80.9% | 74.6% | 72.8% | 79.2% | 88.6% | 76.8% | 78.3% | 75.2% | 69.1% | 71.7% | 84.9% | 75.6% | 71.7% | 74.0% | 114.3% | 115.1% | 116.3% | 124.5% | 119.6% | 125.9% | 126.5% | 124.1% | 121.0% |
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 | $144.81M | $369.83M | $725.17M | $510.83M | $428.24M | $281.05M | $303.64M | $119.65M | $79.58M | $49.42M | $45.01M | $26.81M | $13.24M | $8.42M | $13.03M | $7.15M | $8.15M | $9.65M | $10.15M | $8.52M | $227K | $343K | $163K | $148K | $85K | $264K | $223K | $147K | $113K | $145K | $73K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.4M | $5.6M | $4.35M | $3.2M | $2.5M | $1.35M | $1.65M | $2.45M | $1.8M | $1.65M | $2.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $144.81M | $369.83M | $725.17M | $510.83M | $428.24M | $281.05M | $303.64M | $119.65M | $79.58M | $49.42M | $45.01M | $26.81M | $13.24M | $8.42M | $13.03M | $7.15M | $8.15M | $9.65M | $10.15M | $8.52M | $9.63M | $5.94M | $4.51M | $3.35M | $2.59M | $1.61M | $1.87M | $2.6M | $1.91M | $1.79M | $3.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $164.91M | $126.67M | $128.97M | $103.98M | $95.22M | $48.22M | $62.99M | $48.75M | $17.77M | $6.65M | $3.93M | $4.14M | $7.61M | $11.07M | $13.15M | $2.16M | $1.63M | $18.83M | $21.17M | $21.96M | $20.2M | $22.25M | $10.5M | $11.92M | $11.42M | $8.59M | $8.39M | $11.01M | $9.31M | $5.07M | $3.93M | $5.8M | $5.1M | $6.2M | $7.2M | $7.9M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $109.7M | $109.07M | $108.54M | $107.08M | $10.49M | $1.11M | $1.11M | $1.11M | $1.13M | $1.13M | $1.13M | $1.13M | $58K | $0 | $982K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $9.61M | $6.86M | $8.32M | -$95.93M | -$106.02M | -$106.56M | -$107.08M | -$6.69M | -$1.11M | -$1.11M | -$1.11M | -$1.13M | -$1.13M | -$1.13M | -$1.13M | $73K | $73K | $80K | $82K | -$30.48M | -$30.05M | -$28.34M | -$15.01M | -$15.27M | -$14.16M | -$10.21M | -$10.31M | -$13.6M | -$11.22M | -$6.86M | -$7.07M | -$5.8M | -$5.1M | -$6.2M | -$7.2M | -$7.9M | $0 | $0 | $0 | $0 |
| Total Current Assets | $319.32M | $503.37M | $862.46M | $633.4M | $526.51M | $332.53M | $366.64M | $181.59M | $98.56M | $55.97M | $48.94M | $31.77M | $20.85M | $19.91M | $26.18M | $9.45M | $9.85M | $11.89M | $31.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $178.22M | $556.14M | $138.06M | $133.03M | $125.94M | $127.39M | $120.48M | $89.11M | $19.52M | $1.17M | $261K | $89K | $81K | $66K | $48K | $1.2M | $1.2M | $1.24M | $1.19M | $1.89M | $1.93M | $1.6M | $2.32M | $2.57M | $2.66M | $4.11M | $4.72M | $4.55M | $4.61M | $6.2M | $6.9M | $6.8M | $5.9M | $5.6M | $5.6M | $5.8M | $0 | $0 | $0 | $0 |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $32.85M | $35.19M | $21.02M | $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 Investments | $1.07B | $432.4M | $46.61M | $45.02M | $44.39M | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.99M | $3.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $23.74M | -$279.08M | $88.24M | $65.97M | $67.22M | $111.72M | $111.06M | $14.38M | -$5.03M | $1.44M | $1.24M | $1.24M | $1.42M | $1.21M | $1.21M | $14.34M | $15.73M | $17.66M | $0 | -$1.89M | -$1.93M | -$1.6M | -$2.32M | -$2.57M | -$2.66M | -$4.11M | -$4.72M | -$4.55M | -$4.61M | -$6.2M | -$6.9M | -$6.8M | -$5.9M | -$5.6M | -$5.6M | -$5.8M | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $1.3B | $744.65M | $293.93M | $244.03M | $237.55M | $239.1M | $231.54M | $103.48M | $21.48M | $6.49M | $1.5M | $1.33M | $1.5M | $1.27M | $1.26M | $15.54M | $16.93M | $18.9M | $1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $145K | $92K | $1.66M | $1.36M | $987K | $890K | $964K | $1.01M | $892K | $705K | $844K | $685K | $48K | $2.4M | $2.3M | $2.4M | $2.6M | $2.6M | $0 | $0 | $0 | $0 |
| Total Assets | $1.62B | $1.25B | $1.16B | $877.43M | $764.06M | $571.63M | $598.18M | $285.07M | $127.46M | $62.45M | $50.44M | $33.1M | $22.36M | $21.19M | $27.43M | $24.99M | $26.79M | $30.79M | $32.66M | $32.47M | $32.3M | $31.15M | $18.32M | $18.74M | $17.63M | $15.33M | $15.88M | $18.86M | $16.67M | $13.71M | $13.9M | $15M | $13.3M | $14.2M | $15.4M | $16.3M | $19.5M | $20.1M | $20.9M | $23.4M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $48.49M | $26.96M | $22.5M | $23.44M | $17.91M | $13.32M | $19.19M | $10.51M | $5.61M | $827K | $869K | $829K | $862K | $1.08M | $1.08M | $976K | $753K | $787K | $1.14M | $654K | $365K | $563K | $31K | $10K | $8K | $52K | $81K | $9K | $93K | $70K | $55K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $3.72M | $8.42M | $15.56M | $11.21M | $29.08M | $4.05M | $5.27M | $1.61M | $1.28M | $2.23M | $802K | $566K | $513K | $350K | $1.48M | $237K | $264K | $202K | $75K | $272K | $55K | $43K | $240K | $156K | $21K | $104K | $27K | $365K | $67K | $126K | $258K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $20.64M | $25.01M | $21.71M | $20.45M | $22.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $834K | $755K | $767K | $438K | $414K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $23.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$834K | $4.28M | $4.73M | $5.14M | $5.96M | -$925K | -$420K | -$606K | -$272K | -$166K | -$28K | -$155K | -$108K | -$374K | -$160K | -$196K | -$313K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $72.6M | $60.4M | $63.06M | $56.81M | $67.54M | $39.55M | $24.46M | $12.11M | $6.46M | $3.06M | $1.67M | $1.39M | $1.38M | $1.42M | $2.56M | $6.25M | $6.51M | $6.57M | $7.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $16.18M | $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 Unearned Revenue | $41.18M | $6.8M | $6.33M | $4.49M | $3.81M | $4M | $17.38M | $13.37M | $8.36M | $11.78M | $2.58M | $3.94M | $1.38M | $1.02M | $834K | $0 | $0 | $0 | $414K | $415K | $408K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $69.9M | $47.4M | $42.37M | $41.15M | $38.95M | $38.73M | $40.83M | $14.9M | $114K | $0 | $163K | $293K | $1.67M | $2.27M | $2.95M | $0 | $0 | $0 | $5.96M | $6.41M | $6.81M | $7.84M | $4.06M | $4.59M | $4.4M | $3.91M | $4.02M | $4.84M | $4.29M | $3.39M | $3.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$51.66M | $504K | $274K | $131K | $611K | $2.15M | $0 | $0 | $0 | $0 | $333K | $754K | $0 | $874K | $540K | $436K | $572K | $692K | -$6.21M | -$6.82M | -$7.22M | -$7.84M | -$4.06M | -$4.59M | -$4.4M | -$3.91M | -$4.02M | -$4.84M | -$4.29M | -$3.39M | -$3.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $91.77M | $55.16M | $50.14M | $47.73M | $44.81M | $46.9M | $61.58M | $28.27M | $8.48M | $11.78M | $3.08M | $4.99M | $3.05M | $4.17M | $4.33M | $436K | $572K | $692K | $171K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $246K | $822K | $55K | $43K | $240K | $156K | $21K | $104K | $27K | -$4.83M | -$4.34M | -$3.4M | -$3.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $164.37M | $115.56M | $113.2M | $104.54M | $112.35M | $86.45M | $86.04M | $40.38M | $48.27M | $14.83M | $4.75M | $6.38M | $4.43M | $5.59M | $6.89M | $6.69M | $7.08M | $7.26M | $7.77M | $8.03M | $7.69M | $8.44M | $4.33M | $4.75M | $4.43M | $4.06M | $4.13M | $5.21M | $4.45M | $3.58M | $3.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 | $691K | $231K | $78K | $78K | $78K | $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 |
| Retained Earnings | $1.6B | $1.28B | $1.17B | $866.14M | $668.03M | $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 | $16.1M | $17.6M |
| Comprehensive Income & Other | $4.15M | $3.58M | $1.83M | $2.52M | -$1.01M | -$2.69M | -$1.46M | -$1.08M | -$804K | -$960K | -$1.25M | -$1.35M | -$622K | -$954K | -$834K | -$516K | -$488K | -$629K | -$258K | -$337K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$137.19M | -$145.36M | -$128.55M | -$93.33M | -$16.4M | $485.18M | $512.14M | $244.69M | $79.19M | $47.62M | $45.69M | $26.72M | $17.93M | $15.6M | $20.55M | $18.3M | $19.7M | $23.52M | $24.89M | $24.44M | $24.61M | $22.71M | $13.99M | $13.98M | $13.2M | $11.27M | $11.75M | $13.64M | $12.22M | $10.13M | $10.29M | $10.9M | $9.2M | $10.9M | $11.7M | $13M | $15.2M | $15.5M | $0 | $0 |
| Total Equity | $1.46B | $1.13B | $1.04B | $772.89M | $651.71M | $485.18M | $512.14M | $244.69M | $79.19M | $47.62M | $45.69M | $26.72M | $17.93M | $15.6M | $20.55M | $18.3M | $19.7M | $23.52M | $24.89M | $24.44M | $24.61M | $22.71M | $13.99M | $13.98M | $13.2M | $11.27M | $11.75M | $13.64M | $12.22M | $10.13M | $10.29M | $10.9M | $9.2M | $10.9M | $11.7M | $13M | $15.2M | $15.5M | $16.1M | $17.6M |
| Minority Interest | $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 |
| Total Liabilities and Equity | $1.62B | $1.25B | $1.16B | $877.43M | $764.06M | $571.63M | $598.18M | $285.07M | $127.46M | $62.45M | $50.44M | $33.1M | $22.36M | $21.19M | $27.43M | $24.99M | $26.79M | $30.79M | $32.66M | $32.47M | $32.3M | $31.15M | $18.32M | $18.74M | $17.63M | $15.33M | $15.88M | $18.86M | $16.67M | $13.71M | $13.9M | $10.9M | $9.2M | $10.9M | $11.7M | $13M | $15.2M | $15.5M | $16.1M | $17.6M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $32.35M | $453K | $1.17M | $1.96M | $1.45M | $2.03M | $3.37M | $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 |
| Net Debt | -$112.46M | -$369.38M | -$724M | -$508.88M | -$426.8M | -$279.02M | -$300.28M | -$119.65M | -$79.58M | -$49.42M | -$45.01M | -$26.81M | -$13.24M | -$8.42M | -$13.03M | -$7.15M | -$8.15M | -$9.65M | -$10.15M | -$8.52M | -$9.63M | -$343K | -$163K | -$148K | -$85K | -$264K | -$223K | -$147K | -$113K | -$145K | -$73K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | $481.38M | $453.96M | $405.64M | $446.36M | $269.98M | $176.05M | $318.73M | $209.74M | $97.23M | $42.27M | $50.04M | $34.77M | $27.22M | $19.65M | $20.59M | $11.31M | $6.91M | $10.94M | $8.25M | $11.57M | $8.51M | $17.41M | $5.33M | $4.9M | $6.89M | $3.76M | $2.94M | $6.03M | $6.7M | $4.3M | $3.3M | $5M | $2.5M | $2M | $2.3M | $2.8M |
| Depreciation & Amortization | $62.53M | $25.16M | $14.76M | $15.38M | $16.26M | $14.39M | $8.91M | $2.58M | $376K | $43K | $25K | $20K | $16K | $17K | $13K | $15K | $42K | $37K | $36K | $37K | $29K | $38K | $51K | $50K | $52K | $44K | $48K | $60K | $49K | $16K | $11K | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $6.55M | $4.6M | $1.4M | $1.26M | $220K | -$2.1M | $25.92M | $14.79M | $1.1M | -$1.26M | -$130K | -$1.38M | -$601K | -$679K | -$1.33M | -$445K | -$414K | -$824K | -$444K | -$400K | -$1.03M | $3.78M | -$527K | $184K | $497K | -$116K | -$819K | $549K | $903K | $94K | -$472K | $700K | -$200K | -$300K | -$500K | -$900K |
| Stock-Based Compensation | $15.13M | $12.5M | $10.34M | $8.43M | $28K | $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 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$52.93M | -$610K | -$24.46M | -$13.83M | -$47.6M | $27.61M | -$9.79M | -$29M | -$7.63M | -$1.33M | -$1.14M | $3.65M | $3.24M | $2.08M | $3.35M | $851K | $1.48M | $2.34M | $801K | -$1.53M | $3.17M | -$11.75M | $1.42M | -$599K | -$2.63M | -$159K | $2.3M | -$1.5M | -$2.8M | -$1.8M | $1.8M | -$500K | $1M | $1M | $1.5M | $2.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | -$6.29M | $7.96M | $4.78M | $4.94M | -$89K | -$270K | $2.55M | -$345K | $405K | -$23K | $70K | $0 | $0 | $476K | $186K | $265K | $531K | $21K | $3K | -$44K | -$29K | $100K | -$100K | $0 | $0 | $0 | $100K | $100K | -$100K | $0 | $0 |
| Other Working Capital | $23.39M | -$326K | $10.6M | -$10.45M | $26.28M | -$1.22M | $13.06M | -$7.44M | -$2.19M | $1.32M | $1.04M | -$764K | $531K | -$1.56M | $1.29M | -$107K | $1.36M | -$1.05M | $417K | $504K | -$613K | -$565K | -$12K | $285K | -$233K | $525K | -$417K | $299K | -$66K | -$1.8M | $1.8M | -$400K | $1.1M | $900K | $1.5M | $2.3M |
| Total Working Capital Change | -$29.55M | -$936K | -$13.86M | -$24.28M | -$21.32M | $20.11M | $11.23M | -$31.66M | -$4.88M | -$105K | -$367K | $5.44M | $3.43M | $924K | $4.65M | $814K | $2.84M | $1.29M | $1.69M | -$840K | $2.82M | -$11.78M | $1.43M | -$312K | -$2.91M | $337K | $1.98M | -$1.3M | -$2.87M | -$3.6M | $3.6M | -$800K | $2.2M | $1.8M | $3M | $4.6M |
| Other Non-Cash Items | $9.86M | -$4.62M | $0 | $0 | $0 | -$1.42M | -$22M | $0 | $0 | $9K | $126 | $5K | $3K | $2K | -$1K | $3K | $14K | $8K | $0 | $0 | $0 | $716K | $232K | $98K | $1.54M | $0 | $0 | $0 | $7K | $2.48M | -$1.71M | -$1.3M | -$1.4M | -$900K | -$1.5M | -$2.2M |
| Net Cash from Operating | $545.91M | $490.67M | $418.29M | $447.15M | $265.16M | $207.04M | $342.79M | $195.45M | $93.83M | $40.96M | $49.57M | $38.85M | $30.07M | $19.91M | $23.93M | $11.7M | $9.39M | $11.44M | $9.53M | $10.37M | $10.33M | $10.16M | $6.52M | $4.92M | $6.07M | $4.02M | $4.15M | $5.34M | $4.79M | $3.29M | $4.71M | $3.6M | $3.1M | $2.6M | $3.3M | $4.3M |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$59.53M | -$425.27M | -$18.59M | -$20.87M | -$15.55M | -$22.03M | -$37.23M | -$72.18M | -$18.75M | -$977K | -$221K | -$54K | -$55K | -$50K | -$37K | -$28K | -$30K | -$29K | -$27K | -$63K | -$44K | -$33K | -$30K | -$43K | -$152K | -$61K | -$58K | -$56K | -$79K | -$100K | -$19K | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | -$45M | $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 |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$536.32M | -$1.48M | -$41.72M | -$527K | $551K | -$3.97M | -$74.47M | -$9.35M | $27K | $18K | $25K | $21K | $21K | $14K | $17K | $13K | $9K | $14K | $0 | $0 | $0 | $0 | $0 | $0 | $13K | $16K | $16K | $13K | $15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$595.85M | -$471.75M | -$60.31M | -$21.4M | -$15M | -$26M | -$111.69M | -$81.53M | -$18.72M | -$959K | -$196K | -$33K | -$34K | -$37K | -$20K | -$15K | -$21K | -$6K | -$27K | -$63K | -$44K | -$33K | -$30K | -$43K | -$139K | -$45K | -$42K | -$43K | -$64K | -$89K | -$19K | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $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 Repurchases | -$23.18M | -$30.78M | -$44.64M | -$89.53M | -$19.68M | $0 | -$4.35M | -$38.4M | -$34.27M | -$33.09M | -$28.77M | -$22.96M | -$25.22M | -$20.18M | -$16.03M | -$10.72M | -$8.95M | -$10.05M | -$6.18M | -$5.53M | -$5.4M | -$3.74M | -$3.6M | -$3.16M | -$3.95M | -$3.2M | -$3.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$147.8M | -$347.31M | -$99.97M | -$247.28M | -$85.26M | -$77.56M | -$46.55M | -$31.65M | -$10.68M | -$2.51M | -$2.4M | -$2.28M | $0 | -$4.3M | -$2M | -$1.97M | -$1.93M | -$1.88M | -$1.7M | -$5.87M | -$1.2M | -$4.96M | -$1.72M | -$957K | -$1M | -$1.03M | -$1.07M | -$1.1M | -$1.13M | -$1.18M | -$1.2M | -$1.3M | -$1.3M | -$1.3M | -$1.4M | -$1.4M |
| Other Financing Activities | -$5.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$20.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34K | -$3.51M | -$3.48M | -$3.25M | -$2.7M | -$2M | -$2M | -$1.6M | -$2.1M | -$3.7M |
| Net Cash from Financing | -$176.04M | -$378.09M | -$144.61M | -$336.81M | -$104.95M | -$201.66M | -$50.9M | -$70.05M | -$44.95M | -$35.59M | -$31.17M | -$25.24M | -$25.22M | -$24.48M | -$18.03M | -$12.68M | -$10.88M | -$11.93M | -$7.88M | -$11.41M | -$6.6M | -$8.7M | -$5.32M | -$4.12M | -$4.96M | -$4.24M | -$4.83M | -$4.61M | -$4.61M | -$4.43M | -$3.9M | -$3.3M | -$3.3M | -$2.9M | -$3.5M | -$5.1M |
| 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 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$225.98M | -$359.17M | $213.37M | $88.94M | $145.22M | -$20.62M | $180.2M | $43.87M | $30.16M | $4.41M | $18.2M | $13.58M | $4.81M | -$4.6M | $5.88M | -$1M | -$1.5M | -$499K | $1.63M | -$1.1M | $3.68M | $1.43M | $1.17M | $763K | $971K | -$259K | -$725K | $685K | $118K | -$1.23M | $790K | $300K | -$200K | -$300K | -$200K | -$800K |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $545.91M | $490.67M | $418.29M | $447.15M | $265.16M | $207.04M | $342.79M | $195.45M | $93.83M | $40.96M | $49.57M | $38.85M | $30.07M | $19.91M | $23.93M | $11.7M | $9.39M | $11.44M | $9.53M | $10.37M | $10.33M | $10.16M | $6.52M | $4.92M | $6.07M | $4.02M | $4.15M | $5.34M | $4.79M | $3.29M | $4.71M | $3.6M | $3.1M | $2.6M | $3.3M | $4.3M |
| Capital Expenditure | -$59.53M | -$29.7M | -$15.03M | -$19.21M | -$15.55M | -$5.09M | -$32.21M | -$47.88M | -$18.75M | -$977K | -$221K | -$54K | -$55K | -$50K | -$37K | -$28K | -$30K | -$6K | -$27K | -$63K | -$55K | -$33K | -$30K | -$55K | -$152K | -$61K | -$58K | -$56K | -$79K | -$109K | -$19K | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $486.38M | $460.98M | $403.26M | $427.94M | $249.62M | $201.95M | $310.58M | $147.57M | $75.08M | $39.98M | $49.34M | $38.8M | $30.01M | $19.86M | $23.89M | $11.67M | $9.36M | $11.43M | $9.51M | $10.3M | $10.28M | $10.13M | $6.49M | $4.87M | $5.92M | $3.96M | $4.09M | $5.28M | $4.71M | $3.19M | $4.69M | $3.6M | $3.1M | $2.6M | $3.3M | $4.3M |
| Cash at Beginning | $371.38M | $730.55M | $517.18M | $428.24M | $283.02M | $303.64M | $123.45M | $79.58M | $49.42M | $45.01M | $26.81M | $13.24M | $8.42M | $13.03M | $7.15M | $8.15M | $9.65M | $10.15M | $8.52M | $9.63M | $5.94M | $4.51M | $3.35M | $2.59M | $1.61M | $1.87M | $2.6M | $1.91M | $1.79M | $3.02M | $2.23M | $2M | $2.2M | $2.5M | $2.7M | $3.4M |
| Cash at End | $145.4M | $371.38M | $730.55M | $517.18M | $428.24M | $283.02M | $303.64M | $119.65M | $79.58M | $49.42M | $45.01M | $26.81M | $13.24M | $8.42M | $13.03M | $7.15M | $8.15M | $9.65M | $10.15M | $8.52M | $9.63M | $5.94M | $4.51M | $3.35M | $2.59M | $1.61M | $1.87M | $2.6M | $1.91M | $1.79M | $3.02M | $2.3M | $2M | $2.2M | $2.5M | $2.6M |