Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 626M | 1.1B | 396M | -104M |
| Net income | 434M | 531M | 581M | 225M |
| Depreciation | 194M | 154M | 148M | 150M |
| Deferred taxes | 13M | — | — | — |
| StockBased compensation | 14M | 10M | 11M | 25M |
| Other non cash items | 8M | 7M | — | -14M |
| Accounts receivable | -2M | 21M | -51M | -312M |
| Accounts payable | 14M | 11M | -140M | 274M |
| Other assets liabilities | -49M | 331M | -153M | -452M |
| Investing activities | -753M | -231M | -126M | -182M |
| Capital expenditures | — | — | 1M | 1M |
| Net intangibles | — | — | — | — |
| Net acquisitions | -741M | -231M | -128M | -179M |
| Purchase of investments | — | 0 | 0 | -5M |
| Sale of investments | — | — | — | — |
| Other investing activity | -12M | — | 1M | 1M |
| Financing activities | 350M | 369M | -73M | -246M |
| Long term debt issuance | 1.7B | 665M | 244M | 1.5B |
| Long term debt payments | -1.3B | -250M | -259M | -2.4B |
| Short term debt issuance | — | — | — | 0 |
| Common stock issuance | — | 0 | 0 | 664M |
| Common stock repurchase | — | — | — | — |
| Common dividends | — | — | — | — |
| Other financing charges | -41M | -46M | -58M | -73M |
| End cash position | 8M | 1M | 177M | 1M |
| Income tax paid | 143M | 116M | 147M | 55M |
| Interest paid | 197M | 105M | 74M | 126M |
| Free cash flow | 586M | 1.0B | 376M | -51M |