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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ (74,286) $ 103,135 $ 86,870
Depreciation and amortization 235,151 89,698 85,631
Amortization of Inventory Step-up 26,519 0 0
Operating Lease, Right-of-Use Asset, Amortization Expense 23,651 9,594 9,216
Provision for doubtful accounts 1,036 345 7,137
Provision for warranty and returns 4,902 831 (1,576)
Stock compensation 36,025 27,341 23,954
Gain (Loss) on Disposition of Property Plant Equipment 2,010 1,652 (1,789)
Gain (Loss) on Disposition of Business 374 0 0
Bond premium amortization 264 655 231
Debt issuance cost amortization 6,972 240 288
Change in fair value of contingent earn-out (32,091) 0 9,000
Production Related Impairments or Charges 0 3,380 2,626
Sparepartsusage 11,924 13,046 11,191
Other (103) 2,582 6,939
Increase (Decrease) in Accounts Receivable (19,151) 13,755 78,049
Increase (Decrease) in Inventories (201,095) 20,815 19,196
Increase (Decrease) in Prepaid Expense and Other Assets 22,903 (7,973) (4,311)
Increase (Decrease) in Other Operating Assets (21,290) (21,038) (16,069)
Accounts payable 37,472 2,347 (46,415)
Accrued liabilities (55,834) 6,259 (29,379)
Income taxes, including excess tax benefits and deferred income taxes (66,734) 874 (18,037)
Net cash provided by operating activities (62,129) 267,538 222,752
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (90,311) (68,542) (92,005)
Proceeds from Sale of Other Property, Plant, and Equipment 989 218 6,176
Intangible asset additions (9,018) (12,627) (8,385)
Business acquisitions, net of cash acquired (1,844,164) (14,452) 0
Payments to Acquire Equity Method Investments 0 (3,250) 0
Purchases of investment securities (3,397) (10,034) (32,825)
Proceeds from sale of investment securities 36,433 18,000 28,900
Net cash (used in) provided by investing activities (1,909,468) (90,687) (98,139)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of long-term debt, net of lender debt issuance costs 1,664,362 0 0
Repayments of Long-term obligations (22,375) 0 0
Payments of Debt Issuance Costs (2,177) 0 0
Proceeds from Long-term Lines of Credit 0 0 150,000
Repayments of Short-Term Debt 0 0 150,000
Proceeds from exercise of stock options 8,785 9,372 13,193
Finance Lease, Principal Payments (680) (607) (357)
Payment for Contingent Consideration Liability, Financing Activities 0 (17,300) 0
Purchase of treasury stock (10,883) (8,335) (12,876)
Net cash (used in) provided by financing activities 1,637,032 (16,870) (40)
Effect of Exchange Rate on Cash [Abstract]      
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (9,478) (3,251) 2,854
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (344,043) 156,730 127,427
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 208,784 552,827 396,097
SUPPLEMENTAL DISCLSOURE OF CASH FLOW INFORMATION      
Cash paid during the year for income taxes 27,504 19,562 31,628
Interest Paid, Excluding Capitalized Interest, Operating Activities 63,713 858 1,753
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING ACTIVITIES      
Accounts payable for property and equipment 4,854 9,338 2,211
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable   0  
Smiths Medical      
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING ACTIVITIES      
Fair value of assets acquired 1,606,300    
Cash paid for acquisitions, net of cash acquired (1,844,164)    
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable (575,975)    
Contingent consideration (55,158)    
Goodwill, Period Increase (Decrease) 1,462,752    
Liabilities Assumed 593,755    
International Distributor      
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING ACTIVITIES      
Noncash Non-compete agreement with associated contingent earn-out liability $ 0 2,589 $ 0
Foreign Infusion System Supplier      
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING ACTIVITIES      
Fair value of assets acquired   4,592  
Cash paid for acquisitions, net of cash acquired   (14,452)  
Contingent consideration   0  
Goodwill, Period Increase (Decrease)   10,626  
Liabilities Assumed   $ 766