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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

MERIT MEDICAL SYSTEMS INC (MMSI)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Net income  74.548.5-9.85.542.027.520.123.8
Depreciation and amortization  81.884.194.192.169.553.643.837.4
Asset impairment charges  2.34.436.625.60.81.00.10.1
Stock-based compensation  18.016.114.39.46.14.12.52.2
Tax benefit from stock-based compensation        -0.7-2.1
Deferred taxes  -14.9-4.6-11.3-12.42.1-1.3-1.03.5
Change in working capital   [+]-58.75.048.9-43.0-28.6-23.7-11.72.2
Other operating activities  11.2-6.2-7.50.7-5.41.60.52.3
Cash from operations  114.3147.2165.377.886.562.753.669.5
   
Capital expenditures   [+]-45.0-27.9-46.0-78.2-63.3-38.6-32.8-51.0
Purchases of intangible assets  -3.2-2.8-3.3-3.3-3.0-2.6-2.2-2.0
Acquisitions  -8.3-7.2-11.0-53.9-301.8-105.6-125.2-12.4
Other cash from investing  -1.0-0.31.5 -10.8 1.12.0
Cash from investing  -57.4-37.2-58.7-134.5-378.8-146.8-159.1-62.0
   
Issuance of common stock, net  20.121.36.66.3215.0143.85.36.7
Option exercises  19.020.25.54.88.55.60.7 
Financing costs     -1.5 -0.4-1.9 
Other cash from financing  -61.4-99.5-96.930.6121.8-42.2114.5-16.9
Cash from financing  -60.3-98.4-95.733.5328.396.5121.1-10.2
   
Free cash flow  69.3119.3119.3-0.423.224.120.818.5
        Per share (diluted)  $1.20$2.08$2.15($0.01)$0.43$0.48$0.46$0.42
   
Cash paid for interest  6.35.310.112.410.37.78.96.3
Cash paid for income taxes  17.18.88.912.18.76.02.33.4

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