TITAN INTERNATIONAL INC (TWI)
Based in Quincy, Illinois, Titan International, Inc., along with its various subsidiaries, is a prominent global manufacturer and distributor of specialized wheels, tires, and undercarriage systems. These essential components are engineered for off-highway vehicles and are supplied to customers across an extensive international footprint, encompassing North America, Europe, Latin America, the Commonwealth of Independent States region, the Middle East, Africa, and Russia. The company's operations are divided into three primary market segments: Agricultural, Earthmoving/Construction, and Consumer. Within the agricultural sector, Titan provides a comprehensive range of rims, wheels, tires, and undercarriage solutions tailored for a wide array of farm machinery, including tractors, combines, skidders, plows, planters, and irrigation equipment. Expanding beyond agriculture, Titan's product offerings also include heavy-duty rims, wheels, tires, and undercarriage systems for a diverse range of industrial off-the-road applications. These serve the earthmoving, mining, military, construction, and forestry industries, supporting vehicles such as skid steers, aerial lifts, cranes, graders, scrapers, various types of dump trucks, backhoe loaders, excavators, and more. Furthermore, the company supplies bias and light truck tires, in addition to products specifically designed for ATVs, turf care, and golf cart applications. Its specialized offerings also encompass train brakes. Titan employs a multi-faceted sales and distribution strategy. It directly serves original equipment manufacturers (OEMs) and also reaches the aftermarket through a robust network of independent distributors, equipment dealers, and its own established distribution centers. The company boasts a long-standing history, having been established in 1890.
Sector: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Industry: Agricultural - Machinery
Titan International, Inc.
NYSE:TWIIndustrials · Agricultural - Machinery
-1.46%$6.76
AH Close$6.76+0.00%vs close
AH Close$6.76+0.00%vs close
Mkt Cap$436.31M
Float61.14M
O/S64.54M
Inst Own86.7%
SI3.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.83B
Net Income-$63.49M
Total Assets$1.67B
Free Cash Flow-$24.59M
Debt & Equity
Debt 58%
Equity 42%
Total Debt$710.79M
Total Equity$514.38M
Shares Outstanding
Short Interest
Split History1 split
- 1.3:1Forward splitAug 18, 20081 share → 1.3
Balance Sheet Details
Assets$1.67B
Liabilities$1.15B
Accounts Receivable$249.92M
Accounts Payable$251.72M
Inventory$470.55M
PP&E (Net)$568.13M
Goodwill$29.56M
Intangible Assets$22.23M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $1.83B | $1.85B | $1.82B | $2.17B | $1.78B | $1.26B | $1.45B | $1.6B | $1.47B | $1.27B | $1.39B | $1.9B | $2.16B | $1.82B | $1.49B | $881.59M | $727.6M | $1.04B | $837.02M | $679.45M | $470.13M | $510.57M | $491.67M | $462.82M | $457.48M | $543.07M | $588M | $660.8M | $690.1M | $634.6M | $623.2M | $407M | $150.4M | $113.2M | $100.1M |
| YoY Growth | -0.9% | 1.3% | -16.0% | 21.9% | 41.4% | -13.1% | -9.6% | 9.1% | 16.1% | -9.3% | -26.4% | -12.4% | 18.8% | 22.4% | 68.7% | 21.2% | -29.8% | 23.9% | 23.2% | 44.5% | -7.9% | 3.8% | 6.2% | 1.2% | -15.8% | -7.6% | -11.0% | -4.2% | 8.7% | 1.8% | 53.1% | 170.6% | 32.9% | 13.1% | - |
| Cost of Revenue | $1.59B | $1.59B | $1.52B | $1.81B | $1.54B | $1.14B | $1.32B | $1.4B | $1.31B | $1.12B | $1.26B | $1.75B | $1.87B | $1.53B | $1.25B | $767.66M | $671.63M | $896.99M | $752.89M | $606.68M | $405.92M | $431.07M | $461.97M | $433.08M | $436.92M | $465.7M | $487.7M | $534.9M | $553.2M | $498.9M | $484.1M | $321.2M | $119.8M | $92.3M | $85.6M |
| Gross Profit | $242.35M | $257.8M | $305.85M | $360.71M | $237.54M | $114.32M | $129M | $198.27M | $158.28M | $142.48M | $137.81M | $140.64M | $295.19M | $294.14M | $232.11M | $113.93M | $55.97M | $139.71M | $84.13M | $72.78M | $64.21M | $79.5M | $29.7M | $29.74M | $20.55M | $77.37M | $100.3M | $125.9M | $136.9M | $135.7M | $139.1M | $85.8M | $30.6M | $20.9M | $14.5M |
| Gross Margin | 13.3% | 14.0% | 16.8% | 16.6% | 13.3% | 9.1% | 8.9% | 12.4% | 10.8% | 11.3% | 9.9% | 7.4% | 13.6% | 16.2% | 15.6% | 12.9% | 7.7% | 13.5% | 10.1% | 10.7% | 13.7% | 15.6% | 6.0% | 6.4% | 4.5% | 14.2% | 17.1% | 19.1% | 19.8% | 21.4% | 22.3% | 21.1% | 20.3% | 18.5% | 14.5% |
| Research and Development | $18.32M | $16.52M | $12.54M | $10.4M | $10.1M | $9.01M | $9.86M | $11.15M | $10.3M | $9.97M | $11.16M | $14.01M | $11.16M | $7.15M | $4.23M | $6.32M | $8.85M | $0 | $0 | $0 | $837K | $1.88M | $2.75M | $3.51M | $3.09M | $4.7M | $6.3M | $7.1M | $6.8M | $2.7M | $2.1M | $2.1M | $0 | $0 | $0 |
| Selling, General, and Administrative | $201.62M | $191.79M | $134.94M | $132.79M | $131.77M | $130.94M | $137.7M | $134.79M | $150.68M | $144.99M | $140.39M | $173.61M | $167.37M | $126.16M | $95.71M | $66.83M | $54.31M | $57.15M | $53.14M | $42.14M | $31.43M | $36.04M | $43.17M | $40.32M | $44.16M | $44.09M | $51.6M | $52.9M | $45.5M | $43.7M | $40.6M | $28.3M | $12.1M | $8.6M | $8.2M |
| Other | $1.65M | $16.3M | $9.64M | $11.71M | $10.49M | $9.71M | $9.88M | $19.2M | $11.14M | $12.47M | $11.06M | -$18.05M | $7.01M | $6.82M | $0 | $0 | $0 | $0 | $6.16M | $8.63M | $19.94M | $8.26M | $0 | $0 | $6.76M | $37.22M | $38.6M | $34.7M | $30.9M | $28M | $23.4M | $17.4M | $5.3M | $3.4M | $2.9M |
| Total Operating Expenses | $221.59M | $224.62M | $157.12M | $154.91M | $152.37M | $149.67M | $157.44M | $156.02M | $171.46M | $163.81M | $162.09M | $201.7M | $192.79M | $145.56M | $99.94M | $73.14M | $63.16M | $66.39M | $59.29M | $50.77M | $52.21M | $46.18M | $45.92M | $43.83M | $54.02M | $86.01M | $96.5M | $94.7M | $83.2M | $74.4M | $66.1M | $47.8M | $17.4M | $12M | $11.1M |
| Operating Income (EBIT) | $20.76M | $33.18M | $148.73M | $205.8M | $85.17M | -$35.35M | -$28.43M | $42.24M | -$13.18M | -$21.33M | -$24.28M | -$97.63M | $102.39M | $174.71M | $132.17M | $40.78M | -$18.89M | $73.32M | $24.84M | $22.01M | $12M | $33.32M | -$16.22M | -$14.09M | -$33.47M | -$8.65M | $3.8M | $31.2M | $53.7M | $61.3M | $73M | $38M | $13.2M | $8.9M | $3.4M |
| Operating Margin | 1.1% | 1.8% | 8.2% | 9.5% | 4.8% | -2.8% | -2.0% | 2.6% | -0.9% | -1.7% | -1.7% | -5.2% | 4.7% | 9.6% | 8.9% | 4.6% | -2.6% | 7.1% | 3.0% | 3.2% | 2.6% | 6.5% | -3.3% | -3.0% | -7.3% | -1.6% | 0.6% | 4.7% | 7.8% | 9.7% | 11.7% | 9.3% | 8.8% | 7.9% | 3.4% |
| Interest Expense | $38.71M | $36.43M | $18.79M | $32.15M | $32.22M | $30.55M | $33.14M | $30.46M | $30.23M | $32.54M | $34.03M | $36.56M | $48.02M | $27.66M | $25.26M | $26.67M | $16.25M | $15.12M | $18.71M | $17M | $8.62M | $16.16M | $20.23M | $20.57M | $20.92M | $22.56M | $0 | $18.3M | $0 | $10.7M | $12M | $8.5M | $3.2M | $2.8M | $3.4M |
| Interest Income | $10.7M | $11.02M | $0 | $2.35M | $0 | $0 | $1.13M | $2.11M | $3.36M | $3.21M | $2.67M | $3.04M | $3.4M | $859K | $556K | $394K | $0 | $0 | $2.72M | $1.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$32.06M | -$24.91M | -$38.98M | -$3.45M | -$34.13M | -$22.78M | -$19.61M | -$22.44M | -$39.69M | -$14.07M | -$27.73M | -$54.62M | -$47.66M | $5.87M | -$36.28M | -$40.13M | -$13.11M | -$50.31M | -$28.72M | -$13.44M | -$14.88M | -$18.11M | -$17.45M | -$30.21M | -$12.92M | $17.35M | -$22.2M | -$18M | -$13.2M | -$4.3M | -$9.7M | -$7.9M | -$3M | -$2.4M | -$6.9M |
| Income Before Tax (EBT) | -$11.3M | $8.27M | $109.75M | $202.35M | $51.04M | -$58.13M | -$48.04M | $19.81M | -$52.88M | -$32.86M | -$52.01M | -$152.24M | $54.73M | $180.57M | $95.89M | $649K | -$32M | $23.01M | $3.88M | $8.57M | -$2.88M | $15.21M | -$33.67M | -$44.29M | -$50.74M | $8.7M | -$18.4M | $13.2M | $40.5M | $57M | $63.3M | $30.1M | $10.2M | $6.5M | -$3.5M |
| Income Tax Expense | $49.89M | $11.86M | $26.04M | $23.17M | $1.15M | $6.95M | $3.48M | $6.76M | $11.2M | $3.28M | $38.28M | -$21.82M | $25.05M | $86.61M | $37.76M | $291K | -$7.36M | $9.67M | $3.36M | $3.43M | -$13.93M | $4.11M | $2.99M | -$8.42M | -$13.34M | $4.18M | -$7M | $5M | $15.4M | $21.6M | $25.3M | $11.6M | $3.8M | $2.4M | $100K |
| Net Income | -$63.49M | -$5.56M | $78.76M | $176.3M | $49.59M | -$60.39M | -$48.42M | $16.09M | -$60.04M | -$33.99M | -$75.63M | -$80.46M | $35.2M | $95.55M | $58.15M | $358K | -$24.64M | $13.34M | -$7.25M | $5.14M | $11.04M | $11.11M | -$36.66M | -$35.88M | -$34.79M | $4.53M | -$11.4M | $8.2M | $25.1M | $35.4M | $38M | $18.5M | $6.4M | $3.5M | -$3.6M |
| Net Income Margin | -3.5% | -0.3% | 4.3% | 8.1% | 2.8% | -4.8% | -3.3% | 1.0% | -4.1% | -2.7% | -5.4% | -4.2% | 1.6% | 5.2% | 3.9% | 0.0% | -3.4% | 1.3% | -0.9% | 0.8% | 2.3% | 2.2% | -7.5% | -7.8% | -7.6% | 0.8% | -1.9% | 1.2% | 3.6% | 5.6% | 6.1% | 4.5% | 4.3% | 3.1% | -3.6% |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EPS | -1.00 | -0.08 | 1.26 | 2.80 | 0.80 | -1.07 | -0.86 | 0.27 | -1.01 | -0.63 | -1.41 | -1.51 | 0.66 | 2.47 | 1.40 | -0.17 | -0.71 | 0.39 | -0.23 | 0.21 | 0.49 | 0.50 | -1.40 | -1.38 | -1.35 | 0.18 | -0.44 | 0.30 | 0.89 | 1.26 | 1.53 | 0.41 | 0.16 | 0.07 | -0.14 |
| Diluted EPS | -1.00 | -0.08 | 1.25 | 2.77 | 0.79 | -1.07 | -0.86 | 0.27 | -1.01 | -0.63 | -1.41 | -1.50 | 0.64 | 2.05 | 1.18 | -0.17 | -0.71 | 0.38 | -0.23 | 0.21 | 0.48 | 0.49 | -1.40 | -1.38 | -1.35 | 0.18 | -0.44 | 0.30 | 0.88 | 1.04 | 1.20 | 0.32 | 0.16 | 0.07 | -0.07 |
| Weighted Average OS | 63.49M | 68.66M | 62.45M | 63.04M | 62.10M | 60.82M | 60.10M | 59.82M | 59.32M | 53.92M | 53.67M | 53.39M | 53.04M | 43.38M | 41.66M | 34.90M | 34.71M | 34.41M | 32.08M | 24.63M | 22.57M | 22.25M | 26.23M | 25.99M | 25.82M | 25.87M | 25.94M | 26.97M | 28.27M | 28.01M | 24.87M | 20.32M | 19.75M | 17.09M | 26.63M |
| EBITDA | $94.52M | $105.4M | $170.97M | $274.9M | $131.25M | $27.08M | $38.34M | $107.88M | $35.8M | $55.83M | $49.53M | -$28.58M | $182.48M | $155.4M | $166.06M | $64.88M | $18.54M | $68.5M | $43.45M | $48.86M | $54.22M | $58.23M | $16.06M | $19.54M | $3.8M | $28.57M | $42.4M | $65.9M | $84.6M | $89.3M | $96.4M | $55.4M | $18.5M | $12.3M | $6.3M |
| EBITDA Margin | 5.2% | 5.7% | 9.4% | 12.7% | 7.4% | 2.2% | 2.6% | 6.7% | 2.4% | 4.4% | 3.6% | -1.5% | 8.4% | 8.5% | 11.2% | 7.4% | 2.5% | 6.6% | 5.2% | 7.2% | 11.5% | 11.4% | 3.3% | 4.2% | 0.8% | 5.3% | 7.2% | 10.0% | 12.3% | 14.1% | 15.5% | 13.6% | 12.3% | 10.9% | 6.3% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $202.88M | $195.97M | $220.25M | $159.58M | $98.11M | $117.43M | $66.8M | $81.69M | $143.57M | $147.83M | $200.19M | $201.45M | $189.36M | $189.11M | $129.17M | $239.5M | $229.18M | $61.66M | $58.33M | $33.41M | $592K | $1.13M | $6.56M | $22.05M | $9.21M | $5.67M | $8.6M | $14.1M | $21.2M | $27.4M | $14.2M | $7.2M | $25.8M | $200K | $3.8M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $202.88M | $195.97M | $220.25M | $159.58M | $98.11M | $117.43M | $66.8M | $81.69M | $143.57M | $197.83M | $200.19M | $201.45M | $189.36M | $189.11M | $129.17M | $239.5M | $229.18M | $61.66M | $58.33M | $33.41M | $592K | $1.13M | $6.56M | $22.05M | $9.21M | $5.67M | $8.6M | $14.1M | $21.2M | $27.4M | $14.2M | $7.2M | $25.8M | $200K | $3.8M |
| Accounts Receivable | $249.92M | $221.8M | $234.4M | $305.94M | $279.65M | $204.67M | $201.29M | $242.89M | $227.38M | $180.28M | $180.56M | $203.09M | $267.83M | $314.93M | $189.53M | $89M | $67.51M | $126.53M | $98.39M | $73.88M | $47.11M | $52.78M | $83.97M | $82.59M | $78.14M | $83.69M | $97.5M | $108.2M | $112.8M | $95.6M | $107.1M | $70.2M | $40.8M | $16.2M | $13.9M |
| Inventory | $470.55M | $437.19M | $365.16M | $397.22M | $392.62M | $293.68M | $333.36M | $395.74M | $339.84M | $269.29M | $269.79M | $331.43M | $384.92M | $366.38M | $190.87M | $127.98M | $110.14M | $147.31M | $128.05M | $154.6M | $122.69M | $84.66M | $112.5M | $109.14M | $116.8M | $160.31M | $133.4M | $154M | $138.4M | $138.8M | $124.9M | $107M | $66.8M | $21.8M | $21.5M |
| Other Current Assets | $37.45M | $32.03M | $8.24M | $23.84M | $25.59M | $26.43M | $35.29M | $7.02M | $34.35M | $44.16M | $32.96M | $45.5M | $64.87M | $65.4M | $37.61M | $12.79M | $20.85M | $21.27M | $32.98M | $38.81M | $27.72M | $11.73M | $58.12M | $12.01M | $21.18M | $35.89M | $39.6M | $35.9M | $26.2M | $22.9M | $18.7M | $8M | $8.3M | $2.5M | $2.8M |
| Total Current Assets | $985.97M | $912.04M | $876.78M | $909.63M | $813.3M | $658.6M | $651.47M | $779.48M | $783.19M | $726.24M | $710M | $835.93M | $1.01B | $980.77M | $564.59M | $487.94M | $445.22M | $369.2M | $327.76M | $309.93M | $206.17M | $154.67M | $286.95M | $254.57M | $262.72M | $285.56M | $279.1M | $312.2M | $298.6M | $284.7M | $264.9M | $192.4M | $141.7M | $40.7M | $42M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $568.13M | $538.25M | $333.65M | $305.54M | $322.05M | $344.21M | $391.51M | $384.87M | $421.25M | $437.2M | $450.02M | $527.41M | $638.81M | $568.34M | $334.74M | $248.05M | $254.46M | $248.44M | $196.08M | $184.62M | $140.38M | $80.64M | $138.48M | $186.54M | $205.05M | $232.34M | $267M | $284.4M | $210.3M | $205.1M | $178.3M | $143.3M | $90.7M | $27.8M | $24M |
| Goodwill | $29.56M | $29.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $42.08M | $24.94M | $0 | $0 | $0 | $11.7M | $11.7M | $11.7M | $11.7M | $11.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $22.23M | $15.44M | $7.27M | $7.08M | $8.2M | $12.77M | $20.57M | $19.36M | $15.97M | $20.21M | $17.8M | $23.69M | $35.04M | $21.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.82M | $17.84M | $16.98M | $18.92M | $39.1M | $40.8M | $42.5M | $41.2M | $51.2M | $36.4M | $23.1M | $0 | $200K |
| Long-Term Investments | $15.33M | $7.92M | $7.13M | $6.95M | $6.52M | $5.6M | $38.95M | $51.22M | $51.9M | $53.58M | $52.03M | $53.38M | $53.26M | $44.52M | $0 | $0 | $0 | $2.65M | -$25.16M | -$29.23M | -$20.14M | -$6.71M | -$20.34M | -$12.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $10.71M | $41.73M | $38.03M | $38.74M | $16.83M | $2.59M | $2.33M | $2.87M | $3.78M | $4.66M | $5.97M | $15.62M | $2.77M | $8.38M | $26.77M | $12.79M | $7.25M | $7.26M | $25.16M | $29.23M | $20.14M | $6.71M | $20.34M | $12.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $40.71M | $40.02M | $26.39M | $16.7M | $15.77M | $8.12M | $9.47M | $13.46M | $14.02M | $21.06M | $39.37M | $39.69M | $76.44M | $44.55M | $84.18M | $38.69M | $29.53M | $15.53M | $54.95M | $78.88M | $82.5M | $107.15M | $78.83M | $73.05M | $84.2M | $54.83M | $52M | $40.9M | $33.7M | $27.6M | $17.7M | $28.4M | $5.8M | $800K | $800K |
| Total Long-Term Assets | $686.69M | $672.92M | $412.46M | $375M | $369.38M | $373.29M | $462.84M | $471.77M | $506.92M | $536.72M | $565.19M | $659.79M | $813.35M | $711.95M | $445.69M | $299.53M | $291.25M | $285.58M | $262.73M | $275.19M | $234.59M | $199.5M | $236.14M | $277.43M | $306.23M | $306.08M | $358.1M | $366.1M | $286.5M | $273.9M | $247.2M | $208.1M | $119.6M | $28.6M | $25M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 Assets | $1.67B | $1.58B | $1.29B | $1.28B | $1.18B | $1.03B | $1.11B | $1.25B | $1.29B | $1.26B | $1.28B | $1.5B | $1.82B | $1.69B | $1.01B | $787.47M | $736.46M | $654.78M | $590.5M | $585.13M | $440.76M | $354.17M | $523.08M | $532M | $568.95M | $591.64M | $637.2M | $678.3M | $585.1M | $558.6M | $512.1M | $400.5M | $261.3M | $69.3M | $67M |
| Liabilities | |||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||
| Accounts Payable | $251.72M | $219.59M | $201.2M | $263.38M | $278.1M | $167.21M | $158.65M | $212.13M | $195.5M | $148.25M | $123.15M | $146.31M | $176.72M | $180.06M | $76.57M | $35.28M | $24.25M | $65.55M | $43.99M | $25.88M | $24.43M | $26.73M | $51.93M | $49.01M | $54.66M | $53.52M | $51.4M | $66.5M | $70.5M | $60.6M | $58.6M | $36M | $25.3M | $12M | $10.2M |
| Short-Term Debt | $21.18M | $12.48M | $16.91M | $30.86M | $32.5M | $31.12M | $61.25M | $51.88M | $43.65M | $97.41M | $31.22M | $26.23M | $75.06M | $145.8M | $11.72M | $0 | $0 | $25M | $0 | $98K | $11.99M | $217K | $21.16M | $10.62M | $4.3M | $5.38M | $20.2M | $7.9M | $1.1M | $900K | $26.4M | $3.2M | $7.5M | $3.8M | $5.5M |
| Current Income Tax Payable | $0 | $12.14M | $13.76M | $18.55M | $9.27M | $10.07M | $4.91M | $5.54M | $8.37M | $5.83M | $5.88M | $10.92M | $11.74M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $13.43M | $18.68M | $20M | $18.17M | $13.69M | $13.04M | $13.43M | $8.4M | $4.96M | $0 | $0 | $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 Current Liabilities | $85.78M | $86.61M | $91.36M | $85.17M | $91.84M | $86.43M | $54.83M | $75.03M | $74.95M | $82.61M | $81.95M | $74.61M | $89.35M | $74.99M | $68.66M | $57.07M | $37.44M | $46.09M | $32.94M | $36.94M | $11.75M | $12.82M | $29.88M | $24.68M | $23.08M | $40.54M | $36.7M | $67.3M | $43.1M | $42.1M | $28.6M | $33.2M | $18.1M | $6.7M | $5.4M |
| Total Current Liabilities | $428.24M | $387.36M | $372.38M | $446.16M | $450.81M | $329.71M | $327.15M | $375.07M | $372.92M | $366.1M | $270.1M | $301.56M | $386.57M | $461.59M | $175.77M | $92.35M | $70.07M | $136.63M | $87.78M | $62.92M | $48.18M | $39.77M | $102.97M | $84.31M | $82.04M | $99.44M | $108.3M | $141.7M | $114.7M | $103.6M | $113.6M | $72.4M | $50.9M | $22.5M | $21.1M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt | $564.72M | $552.97M | $409.18M | $414.76M | $452.45M | $433.58M | $438.47M | $409.57M | $407.17M | $408.76M | $475.44M | $496.5M | $497.69M | $441.44M | $317.88M | $373.56M | $366.3M | $200M | $200M | $291.27M | $190.46M | $169.69M | $248.4M | $249.12M | $256.62M | $227.97M | $255.5M | $247.6M | $181.7M | $113.1M | $142.3M | $178.3M | $123.6M | $36.7M | $38.1M |
| Long-Term Unearned Revenue | $12.09M | $11.3M | $12.38M | $11.8M | $9.02M | $10.28M | $8.23M | $119.81M | $113.19M | $104.81M | $77.17M | $0 | $0 | $0 | $0 | -$1.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $6.14M | $6.42M | $2.23M | $3.42M | $3.98M | $3.9M | $6.67M | $9.42M | $13.54M | $13.18M | $14.51M | $18.58M | $60.98M | $61.98M | $38.69M | $1.97M | $0 | $0 | $14.04M | $27.92M | $13.58M | $9.16M | $22.8M | $12.01M | $24.16M | $20.75M | $28.4M | $23.4M | $21M | $18.8M | $15.7M | $10.8M | $10.4M | $3.5M | $700K |
| Other Long-Term Liabilities | $28.8M | $27.24M | $19.51M | $22.94M | $27.9M | $61.01M | $77.44M | $67.29M | $73.2M | $184.59M | $169.78M | $87.28M | $77.94M | $105.15M | $81.07M | $41.27M | $38.14M | $38.96M | $16.15M | $15.84M | $20.71M | $28.66M | $36.96M | $42.54M | $20.23M | $14.77M | $16.1M | $18.6M | $19.6M | $21.9M | $24.6M | $31.3M | $9.7M | $0 | $0 |
| Total Long-Term Liabilities | $722.8M | $703.94M | $449.45M | $455.33M | $504.7M | $525.91M | $548.17M | $606.09M | $607.11M | $606.91M | $660.41M | $604.11M | $636.62M | $610.51M | $437.64M | $416.8M | $404.44M | $238.96M | $230.19M | $335.02M | $224.76M | $207.51M | $308.15M | $303.67M | $301.01M | $263.5M | $300M | $289.6M | $222.3M | $153.8M | $182.6M | $220.4M | $143.7M | $40.2M | $38.8M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $1.15B | $1.09B | $821.83M | $901.49M | $955.51M | $855.62M | $875.32M | $981.16M | $980.03M | $973.02M | $930.51M | $905.67M | $1.02B | $1.07B | $613.41M | $509.15M | $474.51M | $375.59M | $317.97M | $397.95M | $272.94M | $247.28M | $411.13M | $387.97M | $383.05M | $362.94M | $408.3M | $431.3M | $337M | $257.4M | $296.2M | $292.8M | $194.6M | $62.7M | $59.9M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $37K | $30K | $30K | $30K | $30K | $30K | $30K | $27K | $27K | $27K | $27K | $27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $100.57M | $164.06M | $169.62M | $90.86M | -$85.44M | -$135.03M | -$74.33M | -$29.05M | -$44.02M | $14.27M | $49.3M | $126.01M | $207.54M | $161.73M | $67.05M | $16.03M | $16.38M | $41.73M | $29.01M | $36.8M | $32.05M | $21.39M | $10.63M | $47.7M | $84M | $119.41M | $116.1M | $128.8M | $121.9M | $98.1M | $64.1M | $27.2M | $9.2M | $3M | $600K |
| Comprehensive Income & Other | -$209.03M | -$285.88M | -$219.04M | -$251.75M | -$246.48M | -$217.25M | -$218.65M | -$203.57M | -$157.08M | -$188.28M | -$187.75M | -$112.63M | -$61.79M | -$56.95M | -$33.58M | -$17.04M | -$28.31M | -$34.76M | -$31.04M | -$11.46M | -$19.75M | -$16.57M | -$20.55M | -$24.97M | -$18.75M | -$11.11M | -$7.3M | -$4.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $413.81M | $332.01M | $297.44M | $290.37M | $314.74M | $314.29M | $309.19M | $308.1M | $364.95M | $275.67M | $295.39M | $377.48M | $590.5M | $458.88M | $329.79M | $262.26M | $245.55M | $237.43M | $243.48M | $150.34M | $135.73M | $85.47M | $101.3M | $96.3M | $101.88M | $109.27M | $112.8M | $118.2M | $126.2M | $203.1M | $151.8M | $80.5M | $57.5M | $3.6M | $6.5M |
| Total Equity | $514.38M | $496.07M | $467.06M | $381.24M | $229.3M | $179.26M | $234.85M | $279.05M | $320.93M | $289.93M | $344.68M | $503.49M | $798.04M | $620.61M | $396.88M | $278.31M | $261.95M | $279.19M | $272.52M | $187.18M | $167.81M | $106.88M | $111.96M | $144.03M | $185.91M | $228.71M | $228.9M | $247M | $248.1M | $301.2M | $215.9M | $107.7M | $66.7M | $6.6M | $7.1M |
| Minority Interest | $7.24M | -$2.42M | $355K | $1.9M | -$2.13M | -$3M | $4.14M | -$8.95M | -$10.85M | -$3.94M | -$376K | $29.29M | $110.31M | $26.16M | $1.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.67B | $1.59B | $1.29B | $1.28B | $1.18B | $1.03B | $1.11B | $1.26B | $1.3B | $1.26B | $1.28B | $1.41B | $1.82B | $1.69B | $1.01B | $787.47M | $736.46M | $654.78M | $590.5M | $585.13M | $440.76M | $354.17M | $523.08M | $532M | $568.95M | $591.64M | $637.2M | $678.3M | $585.1M | $558.6M | $512.1M | $400.5M | $261.3M | $69.3M | $67M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| Total Debt | $710.79M | $683.46M | $437.26M | $451.88M | $502.48M | $489.37M | $523.81M | $461.46M | $450.82M | $506.17M | $511.63M | $522.74M | $572.75M | $587.24M | $329.6M | $373.56M | $366.3M | $225M | $200M | $291.36M | $202.46M | $169.91M | $269.56M | $259.73M | $260.93M | $233.35M | $275.7M | $255.5M | $182.8M | $114M | $168.7M | $181.5M | $131.1M | $40.5M | $43.6M |
| Net Debt | $507.91M | $487.49M | $217.01M | $292.3M | $404.38M | $371.94M | $457.01M | $379.77M | $307.25M | $358.35M | $311.44M | $321.29M | $383.39M | $398.13M | $200.43M | $134.06M | $137.12M | $163.34M | $141.68M | $257.95M | $201.87M | $168.78M | $263M | $237.69M | $251.71M | $227.68M | $267.1M | $241.4M | $161.6M | $86.6M | $154.5M | $174.3M | $105.3M | $40.3M | $39.8M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | -$61.19M | -$3.59M | $83.71M | $179.19M | $49.89M | -$65.08M | -$51.52M | $13.04M | -$64.08M | -$36.14M | -$90.29M | -$130.43M | $29.69M | $93.96M | $58.14M | $358K | -$24.64M | $13.34M | -$7.25M | $5.14M | $11.04M | $11.11M | -$36.66M | -$35.88M | -$34.79M | $4.53M | -$11.4M | $8.2M | $25.1M | $35.4M | $38M | $18.5M | $6.4M | $4.1M | -$3.6M |
| Depreciation & Amortization | $67.11M | $60.7M | $42.43M | $42.75M | $47.99M | $54.66M | $54.38M | $57.62M | $58.44M | $59.77M | $69.62M | $88.7M | $80.62M | $54.09M | $44.91M | $37.57M | $34.3M | $30.37M | $28.62M | $26.85M | $20.75M | $24.91M | $32.28M | $33.62M | $37.26M | $37.22M | $38.6M | $34.7M | $30.9M | $28M | $23.4M | $17.4M | $5.3M | $3.4M | $2.9M |
| Deferred Income Tax | $30.99M | -$6.36M | -$2.08M | -$55.43M | -$14.18M | -$3.01M | -$2.3M | -$2.29M | $785K | -$680K | $27.97M | -$24.8M | -$4M | $17.17M | -$449K | $1.48M | -$2.95M | $13.99M | $2M | $2.6M | -$14.48M | $0 | $2.45M | $3.51M | -$9.75M | -$2.75M | $0 | $0 | $0 | $0 | $0 | $0 | $3.9M | -$400K | -$600K |
| Stock-Based Compensation | $3.28M | $5.4M | $5.24M | $4.28M | $3.44M | $2.46M | $1.38M | $1.13M | $1.54M | $1.99M | $2.33M | $5.36M | $4.82M | $4.09M | $2.39M | $201K | $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 | -$3.98M | $73.83M | $42.87M | -$27.2M | -$74.74M | -$15.24M | $56.83M | -$36.09M | -$38.48M | $4.01M | $497K | $54.69M | $26.42M | $35.84M | -$105.62M | -$21.49M | $59.02M | -$28.14M | -$24.51M | -$26.77M | $5.67M | -$10.82M | $4.75M | -$600K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$7.12M | $51.48M | $31.64M | -$19.6M | -$112.85M | $37.75M | $63.65M | -$77.92M | -$55.56M | $4.37M | $31.33M | $20.93M | -$30.28M | $23.92M | -$55.61M | -$17.85M | $37.17M | -$19.26M | $26.56M | -$19.51M | $2.21M | -$8.8M | $1.02M | $9.41M | $41.14M | -$36.75M | $10.6M | -$4.3M | $300K | -$26.8M | $7.2M | -$25.5M | -$10.3M | $300K | $4.2M |
| Accounts Payable | $11.3M | -$29.17M | -$62.73M | -$7.75M | $121.19M | $11.94M | -$53.18M | $29.36M | $37.58M | $20.95M | $1.4M | -$23.78M | $9.48M | -$44.54M | $44.99M | $11.04M | -$41.3M | $21.55M | $18.11M | $1.45M | -$2.3M | $4.69M | -$1.34M | -$8.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$21.97M | -$7.67M | $20.5M | $29.48M | -$17.78M | $12.04M | -$15.52M | -$24.74M | $24.12M | -$21.03M | $8.42M | $45.58M | -$41.8M | -$1.93M | $1.58M | $24.35M | $3K | -$1.6M | $18.74M | $9.77M | -$5.2M | -$804K | $10.68M | $14.12M | -$11.07M | $17.95M | -$29.9M | -$2.7M | -$11M | $20M | -$28M | -$18.7M | -$11.9M | -$600K | -$2.3M |
| Total Working Capital Change | -$21.76M | $88.47M | $32.29M | -$25.07M | -$84.17M | $46.49M | $51.78M | -$109.39M | -$32.34M | $8.3M | $41.65M | $97.42M | -$36.18M | $13.29M | -$114.65M | -$3.95M | $54.89M | -$27.44M | $38.89M | -$35.06M | $386K | -$15.74M | $15.11M | $14.54M | $30.07M | -$18.81M | -$19.3M | -$7M | -$10.7M | -$6.8M | -$20.8M | -$44.2M | -$22.2M | -$300K | $1.9M |
| Other Non-Cash Items | $11.6M | -$3.14M | $17.77M | $14.96M | $7.76M | $21.7M | -$8.28M | $3.71M | $34.36M | $10.25M | $12.64M | $77.81M | $41.71M | -$52.43M | $14.09M | $15.06M | $418K | $20.91M | $13.74M | -$646K | $5.2M | -$2.12M | -$5.51M | -$5.34M | $5.09M | -$7.27M | -$4.8M | -$3.2M | -$1.3M | -$2.4M | -$3.1M | -$100K | -$200K | -$500K | $4.4M |
| Net Cash from Operating | $30.03M | $141.49M | $179.35M | $160.68M | $10.73M | $57.23M | $45.44M | -$36.18M | -$1.29M | $43.5M | $63.93M | $114.07M | $116.65M | $130.17M | $4.43M | $50.71M | $72.31M | $51.17M | $75.99M | -$5.54M | $22.9M | $18.15M | $10.38M | $16.91M | $25.76M | -$25.81M | $3.1M | $32.7M | $44M | $54.2M | $37.5M | -$8.4M | -$6.8M | $6.3M | $5M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$54.62M | -$65.62M | -$60.8M | -$46.97M | -$38.8M | -$21.68M | -$36.41M | -$39M | -$32.63M | -$41.95M | -$48.43M | -$58.44M | -$80.13M | -$65.74M | -$35.74M | -$28.85M | -$39.54M | -$79.95M | -$38.05M | -$8.28M | -$6.75M | -$4.33M | -$14.56M | -$9.76M | -$11.87M | -$28.77M | -$51.3M | -$79.6M | -$38.3M | -$36.7M | -$20.1M | -$15.2M | -$5.4M | -$3M | -$5.2M |
| Acquisitions | -$5.67M | -$143.64M | $0 | $9.29M | $0 | $0 | -$71.72M | $0 | $0 | $0 | $0 | -$13.39M | -$103.7M | $780K | -$99.12M | $0 | -$2.4M | $0 | -$8.9M | -$44.64M | -$100M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$9.29M | $0 | $0 | $36.41M | $0 | $0 | -$50M | $0 | $0 | $0 | $0 | -$30M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.5M | $0 | $0 |
| Sales of Investments | $0 | $1.79M | $2.08M | $9.29M | $0 | $32.85M | $19.02M | $0 | $50M | $0 | $0 | $0 | $0 | $0 | $31.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.5M | $0 | $0 | $0 |
| Other Investing Activities | $649K | $5.88M | $1.79M | $930K | $1.2M | $22.05M | -$39.89M | $2.07M | $993K | $2.22M | -$1.51M | $19.31M | -$9.25M | $1.07M | $2.47M | $106K | $1.04M | $104K | $532K | $198K | $30.01M | $42.11M | $410K | $618K | -$4.62M | $95.03M | $15.3M | -$7.1M | -$3.4M | $3.7M | -$17.2M | -$42M | -$3.9M | $100K | $0 |
| Net Cash from Investing | -$59.65M | -$201.6M | -$56.92M | -$36.75M | -$37.6M | $33.22M | -$92.59M | -$36.93M | $18.37M | -$89.73M | -$49.94M | -$52.52M | -$193.08M | -$63.89M | -$130.8M | -$28.75M | -$40.89M | -$79.85M | -$46.42M | -$52.73M | -$76.74M | $37.78M | -$9.52M | -$9.14M | -$16.49M | $66.26M | -$36M | -$86.7M | -$41.7M | -$33M | -$37.3M | -$53.7M | -$12.8M | -$2.9M | -$5.2M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Debt Repaid | -$17.44M | -$142.91M | $20.94M | $35.8M | -$14.97M | $34.75M | -$33.33M | -$18.74M | $22.92M | $5.35M | -$206K | $44.64M | -$15.53M | $3.64M | -$15.96M | $6.17M | -$167.77M | $70K | $10.79M | -$88.91M | -$53.4M | $110.18M | -$7.26M | $3.67M | -$31.91M | $42.17M | -$33.3M | -$56.4M | -$68.1M | -$2.8M | $56.9M | -$26.2M | -$13.1M | $2M | -$2.7M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $1.25M | $1.08M | $561K | $540K | $518K | $145K | $639K | $646K | $588K | $536K | $486K | $418K | $541K | $6.63M | $5.41M | $1.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $64.9M | $17.5M | $32.2M | $0 | $0 |
| Common Stock Repurchases | $0 | -$74.02M | -$32.58M | -$25M | $0 | -$1.25M | -$1.08M | -$561K | -$540K | -$518K | $0 | $15.21M | $0 | $17.52M | $25.87M | -$486K | -$418K | $28M | $0 | $0 | $0 | -$15M | -$244K | -$111K | -$375K | -$640K | -$3.6M | -$9.2M | -$77.1M | -$9.5M | $0 | $0 | $0 | -$5M | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | -$603K | -$1.2M | -$1.2M | -$1.17M | -$1.08M | -$1.08M | -$1.07M | -$1.05M | -$845K | -$809K | -$707K | -$704K | -$585K | -$506K | -$393K | -$358K | -$375K | -$419K | -$416K | -$827K | -$1.24M | -$1.2M | -$1.3M | -$1.4M | -$1.4M | -$1.1M | -$500K | -$100K | $0 | $0 |
| Other Financing Activities | $6K | -$4.34M | -$2.5M | -$511K | -$1.02M | -$3.21M | $0 | $0 | $0 | $0 | $145K | -$672K | $68.19M | -$1.09M | $1.23M | -$4.77M | $0 | $7.67M | $0 | -$2.83M | -$1.24M | $20.01M | -$23.61M | $8.6M | -$36.31M | $1.2M | -$200K | $1.1M | $1.8M | $0 | -$100K | $300K | $0 | $0 | $0 |
| Net Cash from Financing | $17.45M | $64.55M | -$56.02M | -$61.31M | $13.95M | -$38.56M | $32.12M | $17.54M | -$24.08M | -$6.43M | -$726K | -$46.27M | $82.68M | -$4.64M | $16.38M | -$11.64M | $136.1M | $32.01M | -$4.66M | $91.09M | $53.31M | -$61.14M | -$17.02M | $4.41M | -$5.61M | -$42.85M | $28.3M | $47M | -$8.6M | -$8.1M | $6.8M | $43.5M | $45.2M | -$7M | $2.7M |
| Forex Effect | $19.08M | -$28.72M | -$5.74M | -$1.15M | -$6.4M | -$1.25M | $141K | -$6.31M | $2.75M | $295K | -$14.53M | -$3.19M | -$6M | -$1.69M | -$333K | $0 | $0 | $0 | $0 | $0 | $0 | -$216K | $660K | $661K | -$121K | -$542K | -$800K | -$14.2M | -$21.1M | -$27.3M | -$14.2M | $0 | -$25.8M | -$200K | -$3.8M |
| Net Change in Cash | $6.91M | -$24.28M | $60.67M | $61.47M | -$19.32M | $50.63M | -$14.89M | -$61.88M | -$4.26M | -$52.36M | -$1.26M | $12.09M | $246K | $59.94M | -$110.33M | $10.32M | $167.52M | $3.33M | $24.91M | $32.82M | -$538K | -$5.43M | -$15.49M | $12.84M | $3.55M | -$2.94M | -$5.5M | -$21.2M | -$27.4M | -$14.2M | -$7.2M | -$18.6M | -$200K | -$3.8M | -$1.3M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $30.03M | $141.49M | $179.35M | $160.68M | $10.73M | $57.23M | $45.44M | -$36.18M | -$1.29M | $43.5M | $63.93M | $114.07M | $116.65M | $130.17M | $4.43M | $50.71M | $72.31M | $51.17M | $75.99M | -$5.54M | $22.9M | $18.15M | $10.38M | $16.91M | $25.76M | -$25.81M | $3.1M | $32.7M | $44M | $54.2M | $37.5M | -$8.4M | -$6.8M | $6.3M | $5M |
| Capital Expenditure | -$54.62M | -$65.62M | -$60.8M | -$46.97M | -$38.8M | -$21.68M | -$36.41M | -$39M | -$32.63M | -$41.95M | -$48.43M | -$58.44M | -$80.13M | -$65.74M | -$35.74M | -$28.85M | -$39.54M | -$79.95M | -$38.05M | -$8.28M | -$6.75M | -$4.33M | -$14.56M | -$9.76M | -$11.87M | -$28.77M | -$51.3M | -$79.6M | -$38.3M | -$36.7M | -$20.1M | -$15.2M | -$5.4M | -$3M | -$5.2M |
| Free Cash Flow | -$24.59M | $75.86M | $118.55M | $113.7M | -$28.08M | $35.55M | $9.03M | -$75.18M | -$33.91M | $1.55M | $15.5M | $55.63M | $36.52M | $64.43M | -$31.32M | $21.86M | $32.78M | -$28.78M | $37.95M | -$13.82M | $16.15M | $13.82M | -$4.18M | $7.15M | $13.9M | -$54.58M | -$48.2M | -$46.9M | $5.7M | $17.5M | $17.4M | -$23.6M | -$12.2M | $3.3M | -$200K |
| Cash at Beginning | $195.97M | $220.25M | $159.58M | $98.11M | $117.43M | $66.8M | $81.69M | $143.57M | $147.83M | $200.19M | $201.45M | $189.36M | $189.11M | $129.17M | $239.5M | $229.18M | $61.66M | $58.33M | $33.41M | $592K | $1.13M | $6.56M | $22.05M | $9.21M | $5.67M | $8.61M | $14.1M | $21.2M | $27.4M | $14.2M | $7.2M | $25.8M | $200K | $3.8M | $1.3M |
| Cash at End | $202.88M | $195.97M | $220.25M | $159.58M | $98.11M | $117.43M | $66.8M | $81.69M | $143.57M | $147.83M | $200.19M | $201.45M | $189.36M | $189.11M | $129.17M | $239.5M | $229.18M | $61.66M | $58.33M | $33.41M | $592K | $1.13M | $6.56M | $22.05M | $9.21M | $5.67M | $8.6M | $0 | $0 | $0 | $0 | $7.2M | $0 | $0 | $0 |