VALHI INC /DE/ (VHI)
Valhi, Inc. is a diversified enterprise operating in three core sectors: chemicals, component manufacturing, and property management and development. Its global reach encompasses the Asia Pacific region, Europe, and North America. The chemicals division specializes in the production and global distribution of titanium dioxide (TiO2) pigments. These white inorganic pigments are critical raw materials for industries manufacturing paints, plastics, decorative laminates, and paper products, marketed under the KRONOS brand through a network of agents and distributors. In its component products segment, Valhi manufactures various mechanical and electrical locking devices, including cabinet locks and other security mechanisms. These are vital for applications such as vehicle ignition systems, postal boxes, office furniture (e.g., file cabinets, desk drawers), tool storage, vending and cash containment machines, advanced inventory and access control systems (like secure narcotics boxes), medical cabinetry, electronic circuit panels, general storage, and gas station security. This segment also produces specialized stainless steel marine components, such as exhaust systems, gauges, throttle controls, wake enhancement devices, trim tabs, and associated hardware, primarily for high-performance and ski/wakeboard boats. Valhi's real estate management and development segment provides utility services to industrial and municipal customers. It also maintains a portfolio of owned real properties and undertakes land development for commercial, industrial, and residential purposes. Additionally, this segment manages marketable securities and other financial investments. Established in 1932 and headquartered in Dallas, Texas, Valhi, Inc. operates as a subsidiary of Contran Corporation.
Sector: Industrial Inorganic Chemicals
Industry: Chemicals
Valhi, Inc.
NYSE:VHIBasic Materials · Chemicals
-0.07%$14.32
AH Close$14.32+0.00%vs close
AH Close$14.32+0.00%vs close
Mkt Cap$405.56M
Float2.4M
O/S28.32M
Inst Own4.2%
SI2.8%
Div Yield2.23%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.08B
Net Income-$57.6M
Total Assets$2.63B
Free Cash Flow-$82.1M
Debt & Equity
Debt 37%
Equity 63%
Total Debt$611.6M
Total Equity$1.02B
Shares Outstanding
Short Interest
Split History2 splits · 1 reverse
- 1:12Reverse splitJun 2, 202012 shares → 1
- 3:1Forward splitMay 11, 20121 share → 3
Balance Sheet Details
Assets$2.63B
Liabilities$1.27B
Accounts Receivable$318.9M
Accounts Payable$232.7M
Inventory$659.8M
PP&E (Net)$771.5M
Goodwill$382.3M
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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $2.08B | $2.1B | $1.92B | $2.22B | $2.3B | $1.85B | $1.9B | $1.82B | $1.88B | $1.57B | $1.53B | $1.86B | $1.86B | $2.09B | $2.11B | $1.34B | $1.34B | $1.58B | $1.56B | $1.68B | $1.53B | $1.36B | $1.26B | $1.14B | $1.06B | $1.19B | $1.15B | $1.06B | $1.09B | $1.19B | $1.96B | $832.7M | $781.1M | $811.8M | $765.7M | $1.67B | $2.27B | $2.25B | $1.38B |
| YoY Growth | -1.3% | 9.5% | -13.5% | -3.2% | 24.1% | -2.5% | 4.3% | -3.2% | 20.0% | 2.2% | -17.7% | -0.1% | -10.7% | -1.2% | 57.4% | 0.0% | -15.0% | 1.0% | -6.7% | 9.6% | 12.1% | 8.3% | 10.5% | 7.6% | -11.1% | 4.1% | 8.1% | -3.1% | -8.2% | -39.3% | 135.5% | 6.6% | -3.8% | 6.0% | -54.2% | -26.4% | 0.8% | 62.9% | - |
| Cost of Revenue | $1.78B | $1.68B | $1.68B | $1.73B | $1.72B | $1.44B | $1.46B | $1.21B | $1.28B | $1.27B | $1.31B | $1.46B | $1.73B | $1.51B | $1.33B | $1.14B | $1.14B | $1.24B | $1.21B | $1.14B | $1.04B | $1.04B | $935.62M | $857.43M | $774.98M | $753.3M | $775.6M | $677.7M | $742.1M | $839.4M | $1.33B | $603.8M | $567.4M | $606.5M | $581.6M | $1.03B | $1.41B | $1.42B | $1.03B |
| Gross Profit | $295.4M | $424.5M | $245.2M | $490.4M | $580.2M | $412.1M | $434.6M | $609.2M | $602M | $292.1M | $222.9M | $402.8M | $134.2M | $575.2M | $785.4M | $206.1M | $206.1M | $338.9M | $356.8M | $536.8M | $486.47M | $327.42M | $324.07M | $282.57M | $284.49M | $438.58M | $369.6M | $381.7M | $351M | $351.4M | $628M | $228.9M | $213.7M | $205.3M | $184.1M | $643.7M | $859.9M | $836.9M | $350.5M |
| Gross Margin | 14.2% | 20.2% | 12.8% | 22.1% | 25.3% | 22.3% | 22.9% | 33.5% | 32.0% | 18.6% | 14.5% | 21.6% | 7.2% | 27.6% | 37.2% | 15.4% | 15.4% | 21.5% | 22.8% | 32.0% | 31.8% | 24.0% | 25.7% | 24.8% | 26.9% | 36.8% | 32.3% | 36.0% | 32.1% | 29.5% | 32.0% | 27.5% | 27.4% | 25.3% | 24.0% | 38.5% | 37.9% | 37.2% | 25.3% |
| Research and Development | $0 | $0 | $0 | $16M | $17M | $16M | $17M | $16M | $19M | $13M | $16M | $19M | $18M | $19M | $0 | $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 | $312.3M | $258.8M | $289.2M | $317.9M | $328.9M | $303.7M | $310.7M | $324.5M | $269.4M | $260.2M | $269.7M | $276.1M | $375.1M | $273.3M | $278.6M | $227.6M | $227.6M | $238.5M | $238.4M | $229.42M | $219.64M | $208.1M | $229.75M | $191.35M | $195.17M | $201.73M | $189M | $212.1M | $227.1M | $211.7M | $330.6M | $119.5M | $113.1M | $114.5M | $101.1M | $318.1M | $431.2M | $411.4M | $340.8M |
| Other | $0 | $0 | $0 | -$29.9M | -$34M | -$36.1M | $0 | $2.8M | $2.3M | $1.5M | $2.7M | $1.6M | $1.2M | $2.1M | $3.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71.09M | $64.7M | $59M | $62.3M | $69.9M | $93.9M | $29.6M | $25.6M | $27.6M | $29.4M | $85.6M | $101.4M | $85.9M | $11.1M |
| Total Operating Expenses | $312.3M | $258.8M | $289.2M | $304M | $311.9M | $283.6M | $327.7M | -$370.7M | -$362.9M | -$81.2M | $5.4M | $276.1M | $138.7M | $273.3M | $281.7M | $227.6M | $227.6M | $238.5M | $238.4M | $229.42M | $219.64M | $208.1M | $229.75M | $191.35M | $195.17M | $272.82M | $253.7M | $271.1M | $289.4M | $281.6M | $424.5M | $149.1M | $138.7M | $142.1M | $130.5M | $403.7M | $532.6M | $497.3M | $351.9M |
| Operating Income (EBIT) | -$16.9M | $165.7M | -$44M | $186.4M | $268.3M | $128.5M | $106.9M | $370.7M | $2.24B | $66.2M | -$14.8M | $168.7M | $1.75B | $372.5M | $531.8M | -$21.5M | -$21.5M | $100.4M | $118.4M | $307.39M | $266.83M | $119.32M | $94.33M | $91.22M | $89.33M | $165.76M | $115.9M | $110.6M | $61.6M | $69.8M | $203.5M | $79.8M | $75M | $63.2M | $53.6M | $240M | $327.3M | $339.6M | -$1.4M |
| Operating Margin | -0.8% | 7.9% | -2.3% | 8.4% | 11.7% | 6.9% | 5.6% | 20.4% | 119.0% | 4.2% | -1.0% | 9.1% | 93.9% | 17.8% | 25.2% | -1.6% | -1.6% | 6.4% | 7.6% | 18.3% | 17.4% | 8.7% | 7.5% | 8.0% | 8.4% | 13.9% | 10.1% | 10.4% | 5.6% | 5.9% | 10.4% | 9.6% | 9.6% | 7.8% | 7.0% | 14.4% | 14.4% | 15.1% | -0.1% |
| Interest Expense | $57.1M | $49.9M | $28.3M | $27.9M | $32.5M | $36.2M | $40.8M | $55.7M | $58.9M | $58.1M | $53.6M | $56.7M | $56.1M | $56.3M | $61.9M | $66.7M | $66.7M | $68.7M | $64.4M | $67.61M | $69.19M | $62.9M | $58.53M | $60.16M | $62.28M | $70.35M | $0 | $91.2M | $0 | $100.2M | $126.2M | $35.3M | $38.6M | $51.5M | $72.2M | $190.6M | $153.4M | $105.9M | $0 |
| Interest Income | $16.5M | $21.8M | $21M | $10.9M | $4M | $4.8M | $10.9M | $26.1M | $29.4M | $26.7M | $26.4M | $26.6M | $26.4M | $28.4M | $29.2M | $26.3M | $26.3M | $31.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$26.1M | $78.5M | $24.5M | -$16.5M | -$10.5M | -$27.9M | -$2.2M | -$30.7M | -$22.8M | -$26.6M | -$59.3M | -$56.7M | $6M | -$71.1M | -$61.9M | -$3.5M | -$67.4M | -$78.8M | -$64.4M | $104.96M | -$69.19M | -$86.63M | -$73.39M | -$92.99M | $83.13M | $5.77M | -$139.8M | $307.4M | -$6.9M | -$59.9M | -$66.1M | -$50.6M | -$169.5M | -$98.6M | -$14M | -$83.6M | -$109.5M | -$117.1M | $87.2M |
| Income Before Tax (EBT) | -$43M | $244.2M | -$19.5M | $169.9M | $257.8M | $100.6M | $104.7M | $236.2M | $291.8M | $3M | -$73.8M | $112M | -$217.9M | $301.4M | $469.9M | -$88.9M | -$88.9M | $21.6M | $54M | $217.47M | $197.64M | $78.1M | $27.81M | -$1.25M | $172.46M | $171.53M | -$23.9M | $418M | $54.7M | $7.7M | $109.6M | $29.2M | -$94.5M | -$35.4M | $39.6M | $156.4M | $217.8M | $222.5M | $85.8M |
| Income Tax Expense | $11.9M | $82.9M | -$24.6M | $36.8M | $60.1M | $15.9M | $26.5M | -$30.7M | -$120M | $6M | $97.3M | $32.5M | -$91M | $104.8M | $174.9M | -$50.8M | -$50.8M | $16.7M | $103.2M | $63.84M | $104.16M | -$288.06M | -$11.09M | -$6.13M | $53.18M | $94.44M | -$71.3M | $192.2M | $27.6M | $3.5M | $41.1M | $9.5M | -$30.4M | -$13.2M | $19.6M | $82.7M | $115.5M | $141.9M | $67.6M |
| Net Income | -$57.6M | $108M | -$9.9M | $87.2M | $127.2M | $55.2M | $49.2M | $262.2M | $207.5M | -$15.9M | -$133.6M | $53.8M | -$98M | $159.8M | $217.5M | -$34.2M | -$34.2M | -$800K | -$45.7M | $141.68M | $81.45M | $312.39M | $39.49M | $1.24M | $93.2M | $76.61M | $49.4M | $219.6M | $56.4M | $42M | $68.5M | $11.6M | -$79.1M | -$98.3M | $20M | $73.7M | $102.3M | $80.6M | $18.2M |
| Net Income Margin | -2.8% | 5.1% | -0.5% | 3.9% | 5.5% | 3.0% | 2.6% | 14.4% | 11.0% | -1.0% | -8.7% | 2.9% | -5.3% | 7.7% | 10.3% | -2.5% | -2.5% | -0.1% | -2.9% | 8.5% | 5.3% | 22.9% | 3.1% | 0.1% | 8.8% | 6.4% | 4.3% | 20.7% | 5.2% | 3.5% | 3.5% | 1.4% | -10.1% | -12.1% | 2.6% | 4.4% | 4.5% | 3.6% | 1.3% |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| EPS | -2.02 | 3.79 | -0.42 | 3.16 | 4.46 | 1.94 | 2.74 | 9.20 | 7.32 | -0.56 | -4.73 | 1.92 | -3.48 | 5.64 | 7.68 | -1.20 | -1.20 | -0.03 | -1.59 | 4.88 | 2.76 | 7.63 | 1.31 | 0.04 | 3.23 | 2.68 | 1.72 | 7.64 | 1.96 | 1.48 | 2.40 | 0.40 | -2.76 | -3.44 | 0.72 | 2.60 | 3.60 | 2.80 | 0.64 |
| Diluted EPS | -2.02 | 3.79 | -0.42 | 3.16 | 4.46 | 1.94 | 2.74 | 9.20 | 7.32 | -0.56 | -4.69 | 1.92 | -3.44 | 5.64 | 7.68 | -1.20 | -1.20 | -0.03 | -1.59 | 4.80 | 2.76 | 7.60 | 1.32 | 0.04 | 3.23 | 2.64 | 1.72 | 7.56 | 1.96 | 1.48 | 2.40 | 0.40 | -2.76 | -3.44 | 0.72 | 2.60 | 3.60 | 2.80 | 0.64 |
| Weighted Average OS | 28.50M | 28.50M | 28.50M | 28.50M | 28.50M | 28.50M | 28.51M | 28.50M | 28.50M | 28.50M | 28.26M | 28.50M | 28.16M | 28.50M | 28.51M | 28.58M | 28.57M | 28.60M | 28.67M | 29.02M | 29.55M | 30.05M | 29.88M | 28.84M | 28.79M | 28.78M | 28.76M | 28.75M | 28.78M | 28.45M | 28.54M | 28.58M | 28.66M | 28.58M | 27.78M | 28.35M | 28.42M | 28.79M | 28.44M |
| EBITDA | $80.5M | $360.8M | $62.9M | $256.3M | $349.6M | $205.3M | $189.9M | $350.3M | $412.1M | $166.5M | -$14.8M | $205.1M | -$126.9M | $427.1M | $595.6M | $212.8M | $45.2M | $156.4M | $184.7M | $379.9M | $341.36M | $197.67M | $174.17M | $153.52M | $163.82M | $236.85M | $180.6M | $169.6M | $123.9M | $125M | $211.6M | $109.4M | $100.6M | $90.8M | $83M | $325.6M | $428.7M | $425.5M | $9.7M |
| EBITDA Margin | 3.9% | 17.1% | 3.3% | 11.5% | 15.2% | 11.1% | 10.0% | 19.2% | 21.9% | 10.6% | -1.0% | 11.0% | -6.8% | 20.5% | 28.2% | 15.9% | 3.4% | 9.9% | 11.8% | 22.7% | 22.3% | 14.5% | 13.8% | 13.5% | 15.5% | 19.9% | 15.8% | 16.0% | 11.3% | 10.5% | 10.8% | 13.1% | 12.9% | 11.2% | 10.8% | 19.5% | 18.9% | 18.9% | 0.7% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $222.6M | $348.3M | $407M | $478.5M | $698.4M | $518.6M | $523.8M | $499.8M | $435.7M | $159.8M | $202.3M | $255.8M | $142.8M | $366.9M | $96.4M | $68.7M | $68.7M | $37M | $138.3M | $189.15M | $274.96M | $267.83M | $103.39M | $94.68M | $154.41M | $135.02M | $175M | $224.6M | $360.4M | $255.7M | $170.9M | $170.7M | $22.2M | $44.5M | $11.3M | $462M | $244.3M | $231.1M | $195.8M |
| Short-Term Investments | $2.9M | $1.9M | $56.1M | $75.1M | $2.6M | $4.4M | $2.1M | $2.5M | $3M | $4.4M | $2M | $2.7M | $3.8M | $900K | $22.5M | $6.1M | $6.1M | $8.8M | $7.2M | $12.63M | $11.76M | $9.45M | $6.15M | $9.72M | $18.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $225.5M | $350.2M | $463.1M | $553.6M | $701M | $523M | $525.9M | $502.3M | $438.7M | $164.2M | $204.3M | $258.5M | $146.6M | $367.8M | $118.9M | $74.8M | $74.8M | $45.8M | $145.5M | $201.78M | $286.72M | $277.27M | $109.54M | $104.4M | $172.88M | $135.02M | $175M | $224.6M | $360.4M | $255.7M | $170.9M | $170.7M | $22.2M | $44.5M | $11.3M | $462M | $244.3M | $231.1M | $195.8M |
| Accounts Receivable | $318.9M | $327.8M | $340.4M | $281.9M | $403.7M | $342.3M | $329.2M | $337.6M | $365.8M | $236.1M | $246.6M | $303.9M | $303.3M | $302.5M | $316M | $262.6M | $222.9M | $205.2M | $253.7M | $230.95M | $220.29M | $226.75M | $222.66M | $174.57M | $163.15M | $183.88M | $202.2M | $196M | $174.4M | $178.7M | $232.4M | $207.6M | $61.4M | $57.2M | $59.8M | $209.8M | $365.7M | $304.9M | $292.1M |
| Inventory | $659.8M | $685.8M | $596.1M | $640.8M | $458.7M | $538.2M | $522.1M | $515.8M | $398.4M | $360.6M | $405.2M | $443M | $430.6M | $650.3M | $464.5M | $312M | $312M | $408.5M | $337.9M | $309.03M | $283.16M | $263.41M | $293.11M | $239.53M | $262.73M | $242.99M | $219.6M | $246.3M | $204.7M | $251.6M | $518.3M | $498.1M | $276.1M | $265.3M | $261.3M | $457.2M | $480.6M | $415.5M | $421.8M |
| Other Current Assets | $54.9M | $89.9M | $75.8M | $113.2M | $52.6M | $13.9M | $48.2M | $94.3M | $59.3M | $67.1M | $40.1M | $43.2M | $68.5M | $42.8M | $39.5M | $19.7M | $23.3M | $21.5M | $17.6M | $10.61M | $16.51M | $9.71M | $33.78M | $69.76M | $79.82M | $97.95M | $41.3M | $8.6M | $11.2M | $151.7M | $10M | $59.7M | $34.7M | $137.6M | $164.1M | $120M | $159.6M | $14.8M | $15.5M |
| Total Current Assets | $1.26B | $1.45B | $1.48B | $1.59B | $1.67B | $1.45B | $1.43B | $1.41B | $1.26B | $837.4M | $896.2M | $1.06B | $949M | $1.36B | $944.2M | $648.2M | $648.2M | $696.4M | $770.9M | $779.36M | $816.65M | $799.09M | $674.19M | $604.13M | $689.84M | $667.11M | $638.1M | $675.5M | $750.7M | $837.7M | $931.6M | $936.1M | $394.4M | $504.6M | $496.5M | $1.25B | $1.25B | $966.3M | $925.2M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $771.5M | $744M | $559.4M | $545.3M | $583.5M | $616.5M | $592M | $563.5M | $588.7M | $654.5M | $665.7M | $733.6M | $796.4M | $763.1M | $723.8M | $680.6M | $680.6M | $641M | $681.3M | $611.32M | $576.36M | $652.79M | $638.16M | $564.13M | $518.26M | $537.55M | $565.4M | $527.3M | $541.7M | $690.2M | $874.7M | $807.7M | $203.3M | $188.3M | $194.4M | $963.1M | $925.1M | $831.9M | $929.5M |
| Goodwill | $382.3M | $382.3M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $379.7M | $400.1M | $396.9M | $396.9M | $396.8M | $406.8M | $385.19M | $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 | $42.9M | $53.2M | $58.3M | $64.7M | $65.9M | $2.1M | $1.4M | $1.4M | $2M | $2.7M | $3.92M | $365.21M | $357.24M | $381.4M | $369.41M | $349.06M | $359.42M | $356.5M | $259.3M | $256.5M | $258.4M | $252.8M | $248.1M | $0 | $0 | $0 | $229.3M | $237.9M | $245.4M | $306.7M |
| Long-Term Investments | $6.1M | $5.7M | $115.8M | $114.1M | $105.2M | $106.2M | $96.4M | $86.1M | $342.2M | $332.4M | $337.8M | $344.6M | $355.6M | $382.9M | $459.8M | $395.6M | $395.6M | $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 | $35.2M | $53.8M | $67M | $40.5M | $86.8M | $120.2M | $106M | $101M | $119.8M | $1.2M | $1.3M | $164.4M | $149.2M | $120.3M | $132.7M | $185.5M | $185.5M | $166.4M | $168.7M | $264.38M | $213.73M | $239.52M | $7.03M | $1.93M | $3.82M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $178.1M | $160.7M | $139.7M | $166.6M | $176.8M | $213.3M | $194.9M | $170.5M | $214.9M | $195.1M | $203.5M | $224.6M | $272.6M | $95.2M | $175.3M | $102.1M | $102.1M | $486.8M | $572.6M | $760.56M | $606.42M | $550.88M | $510.25M | $535.18M | $592.88M | $692.75M | $675.2M | $780.1M | $629.2M | $358.7M | $513.1M | $488.8M | $306.2M | $384.1M | $486.2M | $803.8M | $684.9M | $247.6M | $249.1M |
| Total Long-Term Assets | $1.37B | $1.35B | $1.26B | $1.25B | $1.33B | $1.44B | $1.37B | $1.3B | $1.65B | $1.61B | $1.64B | $1.91B | $2.02B | $1.81B | $1.89B | $1.76B | $1.76B | $1.69B | $1.83B | $2.03B | $1.76B | $1.8B | $1.54B | $1.47B | $1.46B | $1.59B | $1.6B | $1.57B | $1.43B | $1.31B | $1.64B | $1.54B | $509.5M | $572.4M | $680.6M | $2B | $1.85B | $1.32B | $1.49B |
| 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 | $0 | $0 | $0 | $0 |
| Total Assets | $2.63B | $2.8B | $2.74B | $2.84B | $3.01B | $2.89B | $2.79B | $2.71B | $2.91B | $2.44B | $2.54B | $2.97B | $2.97B | $3.17B | $2.84B | $2.41B | $2.41B | $2.39B | $2.6B | $2.8B | $2.58B | $2.6B | $2.21B | $2.07B | $2.15B | $2.26B | $2.24B | $2.24B | $2.18B | $2.15B | $2.57B | $2.48B | $903.9M | $1.08B | $1.18B | $3.25B | $3.1B | $2.29B | $2.41B |
| Liabilities | |||||||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $232.7M | $250M | $258.6M | $199.4M | $152.7M | $117.6M | $144.7M | $111.5M | $132.3M | $107.5M | $104.8M | $136.2M | $184.7M | $169.6M | $217.7M | $159.8M | $150.6M | $146.8M | $115.6M | $101.75M | $105.65M | $109.16M | $118.78M | $108.97M | $114.47M | $81.57M | $71M | $67.6M | $71.6M | $75.3M | $403.3M | $424.7M | $223.5M | $251.1M | $249.5M | $462.3M | $523.9M | $0 | $0 |
| Short-Term Debt | $5M | $79M | $700K | $1.8M | $3.1M | $2.4M | $4.9M | $2.9M | $1.6M | $7.3M | $9.5M | $9.3M | $10.7M | $29.6M | $19M | $2.5M | $2.5M | $9.4M | $16.8M | $1.24M | $1.61M | $14.41M | $5.39M | $4.13M | $111.17M | $104.32M | $84.9M | $101.8M | $90.8M | $274.3M | $209.7M | $187.5M | $133.8M | $232.5M | $121.4M | $325.1M | $628.1M | $295.3M | $324.8M |
| Current Income Tax Payable | $14.4M | $22.5M | $15.7M | $13.3M | $12.3M | $15.7M | $10.2M | $9.1M | $25.1M | $5.1M | $5.7M | $7.8M | $8.9M | $23.1M | $26.5M | $3.9M | $3.9M | $2.9M | $1.5M | $1.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $25.9M | $28.2M | $88.8M | $110.7M | $125.8M | $20.1M | $10.3M | $28.3M | $28.3M | $32M | $21.8M | $19.8M | $36.9M | $5.4M | $3.5M | $3.9M | $3.9M | $133.1M | $136.5M | $121.94M | $133.74M | $155.29M | $134.03M | $153.09M | $168.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $133.3M | $38.7M | $39.9M | $106.5M | $107.2M | $90.5M | $35.1M | $135M | $107.5M | $151.3M | $74.6M | $73.6M | $115.2M | $68.3M | $97.1M | $79.2M | $102.7M | $94.8M | $114.6M | $99.57M | $138.08M | $89.43M | $38.5M | $32.09M | $49.55M | $49.66M | $196.3M | $183.2M | $161.7M | $214.1M | $49.3M | $44M | $7.5M | $5.4M | $7.2M | $34.2M | $32.9M | $583.8M | $566.7M |
| Total Current Liabilities | $449.3M | $643.8M | $507.1M | $492.8M | $463.5M | $318.1M | $322.5M | $351M | $331.1M | $294.1M | $286.6M | $331.2M | $394.7M | $398.5M | $415.6M | $299.2M | $299.2M | $294.2M | $297.7M | $253.26M | $279.44M | $311.66M | $292.76M | $294.66M | $441.68M | $397.98M | $352.2M | $352.6M | $324.1M | $563.7M | $662.3M | $656.2M | $364.8M | $489M | $378.1M | $821.6M | $1.18B | $879.1M | $891.5M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $590.9M | $484.4M | $545.8M | $557.7M | $649.9M | $786.2M | $789.4M | $797.5M | $1.04B | $889.3M | $951M | $919.7M | $741.8M | $880.5M | $717.4M | $988.4M | $988.4M | $911M | $889.8M | $785.35M | $715.82M | $769.52M | $632.53M | $605.74M | $497.21M | $595.35M | $609.3M | $630.6M | $1.01B | $844.5M | $1.08B | $1.09B | $302.5M | $288.7M | $352.7M | $1.71B | $1.01B | $622M | $374.9M |
| Long-Term Unearned Revenue | $2.9M | $11.8M | $15.5M | $25.9M | $81.6M | $58.9M | $47.4M | $15.8M | $15.7M | $12.6M | $20.2M | $18.9M | $1.3M | $1M | $1.1M | $194.2M | $193.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $55.8M | $57.7M | $31.8M | $63.8M | $49.7M | $36.4M | $51.7M | $60.3M | $199.7M | $310.7M | $353.9M | $446.9M | $480.9M | $484.2M | $457.2M | $360.7M | $360.7M | $346.6M | $402.8M | $479.16M | $400.96M | $161.76M | $301.65M | $255.74M | $268.47M | $294.37M | $266.8M | $353.7M | $207.4M | $178M | $239.4M | $226.8M | $1.7M | $10.8M | $48.6M | $252.7M | $199.1M | $112.9M | $124.7M |
| Other Long-Term Liabilities | $154M | $206.3M | $356.7M | $371.3M | $586.3M | $664M | $581.1M | $515.1M | $569.3M | $489M | $431.7M | $470.7M | $405.5M | $344M | $254.8M | $69.4M | $255.1M | $295.5M | $303.8M | $296.48M | $261.51M | $208.86M | $224.56M | $183.05M | $171M | $184.6M | $216.7M | $215.1M | $253.3M | $254.7M | $308.8M | $310.2M | $27.4M | $29.4M | $12.2M | $147.8M | $171.7M | $366.6M | $733.6M |
| Total Long-Term Liabilities | $819.3M | $777.3M | $968.4M | $1.04B | $1.38B | $1.56B | $1.49B | $1.37B | $1.81B | $1.7B | $1.72B | $1.82B | $1.58B | $1.68B | $1.43B | $1.61B | $1.61B | $1.55B | $1.6B | $1.56B | $1.38B | $1.14B | $1.16B | $1.04B | $936.69M | $1.07B | $1.09B | $1.2B | $1.47B | $1.28B | $1.63B | $1.62B | $331.6M | $328.9M | $413.5M | $2.12B | $1.38B | $1.1B | $1.23B |
| 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 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.27B | $1.42B | $1.48B | $1.53B | $1.85B | $1.88B | $1.81B | $1.72B | $2.14B | $2B | $2.01B | $2.15B | $1.97B | $2.08B | $1.84B | $1.91B | $1.91B | $1.85B | $1.89B | $1.81B | $1.66B | $1.45B | $1.45B | $1.34B | $1.38B | $1.47B | $1.45B | $1.55B | $1.79B | $1.84B | $2.29B | $2.28B | $696.4M | $817.9M | $791.6M | $2.94B | $2.56B | $1.98B | $2.12B |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $667.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $300K | $300K | $300K | $300K | $300K | $300K | $300K | $3.6M | $3.6M | $3.6M | $3.6M | $3.6M | $3.6M | $3.6M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M | $1.19M | $1.21M | $1.24M | $1.34M | $1.26M | $1.26M | $1.26M | $1.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $508M | $574.7M | $461.1M | $482.3M | $401.1M | $282.9M | $239.4M | $220.3M | -$17.9M | -$198.5M | -$155.6M | $4.9M | -$39.6M | $75.4M | -$19.4M | -$197.7M | -$197.7M | -$109.8M | -$74.1M | $839.19M | $786.27M | $864.82M | $639.46M | $629.77M | $656.41M | $591.03M | $538.7M | $512.5M | $316M | $282.8M | $263.8M | $209.1M | $222.8M | $307.6M | $428.6M | $426.6M | $0 | $0 | $0 |
| Comprehensive Income & Other | -$105.8M | -$159.2M | -$145.5M | -$143.9M | -$191.3M | -$219.4M | -$220.7M | -$206.2M | -$179M | -$221.9M | -$197M | -$148.6M | -$8M | -$42M | -$23.3M | -$3.2M | -$3.2M | -$51M | $51.5M | -$43.1M | -$62.75M | $76.15M | $22.4M | $11.71M | -$4.67M | $67.25M | $81.2M | -$158.9M | -$130.7M | -$163.4M | -$315.8M | -$242.7M | -$218.3M | -$197.2M | -$183.1M | -$302.9M | $0 | $0 | $0 |
| Other Stockholders' Equity | $514.9M | $461.1M | $474.4M | $476M | $428.1M | $399.3M | $400.3M | $411.5M | $438.7M | $395.8M | $420.7M | $469.1M | $637.3M | $654.6M | $675.4M | $625.2M | $625.2M | $577.4M | $691.3M | $26.4M | $8.12M | $123.42M | $18.93M | -$16.28M | -$35.34M | $35.95M | $49.4M | $66M | $68.9M | $21.1M | $10.5M | -$10.7M | -$15.3M | -$48.5M | -$43.1M | -$132M | $287.4M | $310.6M | $285.8M |
| Total Equity | $1.02B | $1.04B | $935.8M | $958.6M | $829.5M | $682.5M | $640M | $635.4M | $424.4M | $200.9M | $268.7M | $477.6M | $601.3M | $733.6M | $657.2M | $428.7M | $428.7M | $468.8M | $618.4M | $866.78M | $795.59M | $989.48M | $659.73M | $614.76M | $622.33M | $628.24M | $589.4M | $578.5M | $384.9M | $303.9M | $274.3M | $198.4M | $207.5M | $259.1M | $385.5M | $294.6M | $287.4M | $310.6M | $285.8M |
| Minority Interest | $340.5M | $343M | $325.7M | $348.2M | $328.9M | $324.4M | $340.1M | $353.6M | $342.3M | $243.5M | $258.2M | $336.3M | $391.5M | $358.1M | $335.8M | $69.7M | $69.7M | $73.3M | $90.5M | $123.7M | $125.05M | $158.24M | $99.79M | $120.85M | $153.15M | $156.28M | $200.8M | $111.7M | $300K | $200K | $3.1M | $2.4M | $0 | $0 | $0 | $13.9M | $247.2M | $0 | $0 |
| Total Liabilities and Equity | $2.29B | $2.46B | $2.41B | $2.49B | $2.68B | $2.56B | $2.45B | $2.36B | $2.57B | $2.2B | $2.28B | $2.63B | $2.58B | $2.81B | $2.5B | $2.34B | $2.34B | $2.32B | $2.51B | $2.68B | $2.45B | $2.44B | $2.11B | $1.95B | $2B | $2.1B | $2.03B | $2.13B | $2.18B | $2.14B | $2.57B | $2.48B | $903.9M | $1.08B | $1.18B | $3.23B | $2.85B | $2.29B | $2.41B |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| Total Debt | $611.6M | $584M | $569M | $580.7M | $672.5M | $814.1M | $822.7M | $800.4M | $1.04B | $965M | $960.5M | $934.1M | $752.5M | $910.1M | $736.4M | $990.9M | $990.9M | $920.4M | $906.6M | $786.59M | $717.43M | $783.94M | $637.92M | $609.87M | $608.39M | $699.68M | $694.2M | $732.4M | $1.1B | $1.12B | $1.29B | $1.27B | $436.3M | $521.2M | $474.1M | $2.04B | $1.64B | $917.3M | $699.7M |
| Net Debt | $389M | $235.7M | $162M | $102.2M | -$25.9M | $295.5M | $298.9M | $300.6M | $607.4M | $805.2M | $758.2M | $678.3M | $609.7M | $543.2M | $640M | $922.2M | $922.2M | $883.4M | $768.3M | $597.43M | $442.47M | $516.11M | $534.53M | $515.19M | $453.98M | $564.66M | $519.2M | $507.8M | $738.5M | $863.1M | $1.12B | $1.1B | $414.1M | $476.7M | $462.8M | $1.58B | $1.39B | $686.2M | $503.9M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||||||||||||||
| Net Income | -$57.6M | $161.3M | -$12.1M | $136.1M | $197.7M | $89M | $78.2M | $301M | $302.6M | -$3M | -$171.1M | $79.5M | -$126.9M | $222.1M | $295M | -$38.1M | -$38.1M | -$800K | -$45.7M | $141.68M | $81.45M | $312.39M | $39.49M | $1.24M | $93.2M | $77.09M | $49.4M | $225.8M | $60.7M | $42M | $68.5M | $11.6M | -$64.1M | -$22.2M | $20M | $73.7M | $102.3M | $80.6M |
| Depreciation & Amortization | $66.4M | $66.7M | $54.1M | $58.5M | $59.3M | $68.5M | $56.8M | $58.4M | $59M | $67.5M | $69.9M | $78.4M | $74.5M | $69.4M | $63.8M | $67.4M | $67.4M | $66.1M | $66.3M | $72.51M | $74.53M | $78.35M | $72.97M | $61.78M | $74.49M | $71.09M | $64.7M | $59M | $62.3M | $69.9M | $93.9M | $29.6M | $25.6M | $27.6M | $29.4M | $85.6M | $101.4M | $85.9M |
| Deferred Income Tax | -$9.5M | $43.5M | -$48.1M | $600K | $12.1M | -$7M | $7.4M | -$73.5M | -$293.2M | -$39.1M | $85.7M | $10M | -$114.8M | $51.5M | $95.3M | -$21.9M | -$21.9M | -$12.4M | $86.4M | $37.29M | $41.6M | -$300.22M | $29.55M | -$9.65M | $7.72M | $42.91M | -$92.8M | $143.1M | -$18.8M | $33.8M | -$11.7M | -$7.3M | -$52.9M | -$27.3M | $2.4M | $0 | -$13.3M | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $37.1M | -$16.7M | -$44.6M | $81.1M | -$64.6M | -$3.1M | $9.7M | -$11.1M | -$47.5M | -$47.4M | $22.2M | -$27.2M | $22.9M | -$6.7M | -$47.9M | $6M | $6M | $15M | $9.1M | $8.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $74.7M | -$41M | $56.7M | -$204.2M | $58.3M | $13.1M | -$8.5M | -$137.3M | -$5.5M | $39.6M | -$8.4M | -$55.1M | $220M | -$184.6M | -$184.3M | $105.2M | $105.2M | -$93M | $3.9M | -$3.84M | -$48.86M | $46.94M | -$20.94M | $45.3M | -$28.62M | -$30.82M | $18.7M | -$51.9M | $20.3M | $6.7M | -$10.4M | -$35.9M | -$10.9M | -$1.3M | -$14.1M | $0 | $0 | $0 |
| Accounts Payable | -$106.3M | -$60.2M | $11.2M | $3.9M | $154.3M | -$32.8M | -$14.6M | $65.7M | $12.9M | -$300K | -$13.9M | -$26.4M | $73.4M | -$44.2M | $96.1M | -$15.1M | $4.3M | $15.6M | -$4.8M | -$6.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$69.7M | -$42.7M | -$40.9M | -$69.9M | $38.2M | $16.3M | $45.9M | $19.7M | $49.2M | $44.9M | $17.6M | -$10.3M | -$12M | $43.2M | -$38.5M | -$26.5M | -$45.9M | $15M | -$30.9M | -$35.92M | $10.32M | -$42.97M | -$3.33M | -$42.75M | $37.01M | $15.55M | -$35.4M | -$54.2M | $32.7M | -$41.8M | -$44.7M | $21.7M | -$26M | -$2.9M | -$14.9M | -$54.4M | -$41.3M | $0 |
| Total Working Capital Change | -$64.2M | -$160.6M | -$17.6M | -$189.1M | $186.2M | -$6.5M | $32.5M | -$63M | $9.1M | $36.8M | $17.5M | -$119M | $304.3M | -$192.3M | -$174.6M | $69.6M | $69.6M | -$47.4M | -$22.7M | -$38.29M | -$38.54M | $3.96M | -$24.27M | $2.55M | $8.38M | -$15.27M | -$16.7M | -$106.1M | $53M | -$35.1M | -$55.1M | -$14.2M | -$36.9M | -$4.2M | -$29M | -$54.4M | -$41.3M | $87.2M |
| Other Non-Cash Items | $29.4M | -$66.9M | $27.6M | $28.8M | $4.4M | $8.2M | $2.3M | $15.9M | -$800K | $4.5M | $10.3M | $10.3M | $8M | -$15.2M | $8.1M | -$5.6M | -$3.8M | -$57.1M | $12M | -$4.88M | -$649K | $500K | -$9.19M | $50.92M | $1.56M | -$12.91M | -$2.6M | $8.8M | -$4.4M | -$29.4M | $78M | $52.1M | $161.1M | $90.5M | $5.6M | $0 | -$42.5M | -$253.7M |
| Net Cash from Operating | -$35.5M | $44M | $3.9M | $34.9M | $459.7M | $152.2M | $177.2M | $165.5M | $259.3M | $79.8M | $22.5M | $67.3M | $117.1M | $71.9M | $292.4M | $76M | $76M | -$24.5M | $63.5M | $86.3M | $104.29M | $142.13M | $108.55M | $106.83M | $158.65M | $162.44M | $151.5M | $17M | $93M | $81.2M | $173.6M | $71.8M | $32.8M | $58.8M | $4.2M | $104.9M | $176.1M | $87.2M |
| Investing Activities | ||||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$46.6M | -$30.9M | -$48.5M | -$67.6M | -$64.1M | -$65.5M | -$59.9M | -$61.4M | -$73.5M | -$60.4M | -$55.9M | -$73M | -$76.1M | -$102.9M | -$155.1M | -$66.9M | -$66.9M | -$84.9M | -$63.8M | -$63.77M | -$62.78M | -$48.52M | -$45.33M | -$45.99M | -$70.82M | -$67.12M | -$120.9M | -$77.2M | -$36.7M | -$75.9M | -$120.5M | -$73.2M | -$40M | -$28M | -$26.8M | $0 | -$153.3M | $0 |
| Acquisitions | $0 | -$156.8M | -$1.7M | -$8.6M | $0 | $4.9M | $2.9M | $61.4M | $73.5M | $60.4M | $55.9M | $73M | $22.1M | $165.6M | -$4.5M | $6.7M | $66.9M | $300K | $600K | -$9.83M | -$7.34M | $2.96M | $0 | -$9.15M | $0 | $0 | $0 | $435.1M | $0 | $0 | $0 | $0 | $0 | $11.1M | $272.8M | $0 | $0 | $0 |
| Purchases of Investments | -$3.1M | -$2.7M | -$66.4M | -$73.6M | -$4M | -$3.4M | -$4.9M | -$4.4M | -$9.7M | -$11.4M | -$13.6M | -$16.3M | -$7.9M | -$11.7M | -$310.1M | -$5.4M | -$5.4M | -$6.1M | -$23.3M | -$90.23M | -$58.1M | -$17.63M | $0 | $0 | $0 | -$84.9M | $0 | -$3.8M | -$19M | -$17M | -$5M | $0 | -$281.8M | -$294.1M | -$201.8M | $0 | -$614M | $0 |
| Sales of Investments | $1.9M | $57M | $85.7M | $2.9M | $5.2M | $4.3M | $4.3M | $18.2M | $9M | $10.7M | $15M | $15.1M | $11.1M | $33.5M | $256M | $9.5M | $28.5M | $7.9M | $28.5M | $42.92M | $38.87M | $2.75M | $0 | $0 | $16.8M | $158K | $6.6M | $6.9M | $6.9M | $0 | $0 | $0 | $381.4M | $280.5M | $197.1M | $0 | $0 | $0 |
| Other Investing Activities | $0 | $8.4M | $1.9M | $200K | $25.5M | $2.7M | $6.9M | -$70.8M | -$73.7M | -$60.9M | -$58.4M | -$53.9M | -$5.4M | $16.4M | -$7.2M | $11.6M | -$67.6M | $22.8M | -$7.4M | $31.4M | $109.72M | $2.36M | $11.57M | -$12M | $225K | $945K | -$16.1M | -$207.5M | $15M | $142.8M | -$15.4M | -$11M | $4.3M | -$8.9M | $21.8M | -$130M | $72.3M | $0 |
| Net Cash from Investing | -$47.8M | -$125M | -$29M | -$146.7M | -$37.4M | -$57M | -$50.7M | -$57M | -$74.4M | -$61.6M | -$57M | -$55.1M | -$56.2M | $100.9M | -$220.9M | -$44.5M | -$44.5M | -$60M | -$65.4M | -$89.51M | $20.37M | -$58.09M | -$33.77M | -$67.14M | -$53.79M | -$150.92M | -$130.4M | $153.5M | -$33.8M | $49.9M | -$140.9M | -$84.2M | $63.9M | -$39.4M | $263.1M | -$130M | -$695M | $0 |
| Financing Activities | ||||||||||||||||||||||||||||||||||||||
| Debt Repaid | $35M | -$41.4M | $29.8M | $62M | $102.3M | $58.5M | -$3.7M | $12.6M | -$147.9M | -$3.2M | -$31.5M | -$172.5M | $199.5M | -$186.8M | $207.5M | $46M | $39.8M | -$40.9M | -$6.7M | -$21.12M | -$2.79M | -$103.83M | $36.52M | $40.1M | $47.48M | -$2.98M | $41.3M | $380.9M | -$50.1M | -$55M | $3.6M | -$37.9M | $108.8M | -$40.6M | $1.12B | - | -$618.7M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300K | $337.7M | $337.7M | $0 | $2.4M | $0 | $4.4M | $9.2M | $1.74M | $454K | $0 | $0 | $0 | $110.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$2.9M | -$4M | -$1.5M | -$1M | -$3.1M | $0 | $0 | $0 | $0 | $0 | -$700K | $0 | -$9.5M | -$2M | -$2M | -$1M | -$11.1M | -$43.79M | -$62.06M | $0 | $0 | $0 | $0 | -$19K | $0 | -$3.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$18.8M | $0 |
| Dividends Paid | -$9.1M | -$9.1M | -$9.1M | -$9M | -$9M | -$13.6M | -$27.1M | -$27.1M | -$27.2M | -$27.1M | -$27.1M | -$37.3M | -$67.9M | -$65M | -$53.7M | -$45.5M | -$45.5M | -$45.5M | -$45.6M | -$47.98M | -$48.8M | -$29.8M | -$29.8M | -$27.87M | -$27.82M | -$24.33M | -$23.1M | -$23.1M | -$23.1M | -$23.1M | -$13.8M | -$9.1M | -$5.7M | -$22.8M | -$22.7M | $0 | -$28.5M | $0 |
| Other Financing Activities | -$27M | -$34.6M | -$34.1M | -$39M | -$76.3M | -$49.4M | -$37.6M | -$20.1M | -$27.1M | -$21.6M | -$15M | -$25M | -$18.1M | -$25.8M | -$29.4M | -$15.6M | -$4.9M | -$7.3M | -$8.5M | -$16.97M | -$10.21M | -$4.79M | -$6.67M | -$35.75M | -$9.15M | -$5.67M | -$3M | -$900K | $21.7M | -$75.4M | -$19.7M | $132.5M | -$4.3M | -$3.7M | $861.9M | $259M | -$24.6M | $0 |
| Net Cash from Financing | -$71.1M | -$2.3M | -$75.9M | -$114M | -$189.1M | -$122.5M | -$64.1M | -$59.8M | $93.6M | -$45.5M | -$10.6M | $110.2M | -$286.2M | $96M | -$299.8M | -$4.7M | -$4.7M | -$12.9M | -$56.1M | -$87.55M | -$115.76M | $78.44M | -$71.24M | -$103.07M | -$84.45M | -$27.04M | -$67.4M | -$298.2M | $48.7M | -$43.5M | -$37.1M | $161.3M | -$118.8M | $14.1M | -$282.7M | $259M | $546.8M | $0 |
| Forex Effect | $3.9M | -$100K | $1M | -$5.1M | -$10.6M | $13.8M | -$2.3M | -$14.4M | $14.4M | -$5.3M | -$8.4M | -$9.4M | $1.2M | $1.7M | -$400K | $4.9M | $4.9M | -$3.9M | $7.1M | $4.96M | -$1.76M | $1.96M | $5.18M | $3.65M | -$1.01M | -$2.17M | -$3.4M | -$8.1M | -$3.2M | -$2.8M | $4.6M | -$400K | -$96.7M | -$300K | -$267.3M | $5.8M | $1.8M | $0 |
| Net Change in Cash | -$150.5M | -$83.4M | -$100M | -$230.9M | $222.6M | -$13.5M | $60.1M | $34.3M | $292.9M | -$32.6M | -$53.5M | $113M | -$224.1M | $270.5M | -$228.7M | $31.7M | $31.7M | -$101.3M | -$50.9M | -$85.81M | $7.13M | $164.44M | $8.71M | -$59.73M | $19.4M | -$17.69M | -$49.6M | -$135.8M | $104.7M | $84.8M | $200K | $148.5M | -$118.8M | $33.2M | -$282.7M | $239.7M | $29.7M | $87.2M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | -$35.5M | $44M | $3.9M | $34.9M | $459.7M | $152.2M | $177.2M | $165.5M | $259.3M | $79.8M | $22.5M | $67.3M | $117.1M | $71.9M | $292.4M | $76M | $76M | -$24.5M | $63.5M | $86.3M | $104.29M | $142.13M | $108.55M | $106.83M | $158.65M | $162.44M | $151.5M | $17M | $93M | $81.2M | $173.6M | $71.8M | $32.8M | $58.8M | $4.2M | $104.9M | $176.1M | $87.2M |
| Capital Expenditure | -$46.6M | -$30.9M | -$48.5M | -$67.6M | -$64.1M | -$65.5M | -$59.9M | -$61.4M | -$73.5M | -$60.4M | -$55.9M | -$73M | -$76.1M | -$102.9M | -$155.1M | -$66.9M | -$66.9M | -$84.9M | -$63.8M | -$63.77M | -$62.78M | -$48.52M | -$45.33M | -$45.99M | -$70.82M | -$67.12M | -$120.9M | -$77.2M | -$36.7M | -$75.9M | -$120.5M | -$73.2M | -$40M | -$28M | -$26.8M | $0 | -$153.3M | $0 |
| Free Cash Flow | -$82.1M | $13.1M | -$44.6M | -$32.7M | $395.6M | $86.7M | $117.3M | $104.1M | $185.8M | $19.4M | -$33.4M | -$5.7M | $41M | -$31M | $137.3M | $9.1M | $9.1M | -$109.4M | -$300K | $22.52M | $41.51M | $93.61M | $63.22M | $60.83M | $87.83M | $95.32M | $30.6M | -$60.2M | $56.3M | $5.3M | $53.1M | -$1.4M | -$7.2M | $30.8M | -$22.6M | $104.9M | $22.8M | $87.2M |
| Cash at Beginning | $373.1M | $462M | $562M | $792.9M | $570.3M | $583.8M | $523.7M | $489.4M | $196.5M | $229.1M | $255.8M | $142.8M | $366.9M | $96.4M | $325.1M | $37M | $37M | $138.3M | $189.2M | $274.96M | $267.83M | $103.39M | $94.68M | $154.41M | $135.02M | $152.71M | $224.6M | $360.4M | $255.7M | $170.9M | $170.7M | $22.2M | $44.5M | $11.3M | $26.8M | $222.3M | $214.6M | $0 |
| Cash at End | $222.6M | $378.6M | $462M | $562M | $792.9M | $570.3M | $583.8M | $523.7M | $489.4M | $196.5M | $202.3M | $255.8M | $142.8M | $366.9M | $96.4M | $68.7M | $68.7M | $37M | $138.3M | $189.15M | $274.96M | $267.83M | $103.39M | $94.68M | $154.41M | $135.02M | $175M | $224.6M | $360.4M | $255.7M | $170.9M | $170.7M | -$74.3M | $44.5M | -$255.9M | $462M | $244.3M | $87.2M |