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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (Loss) Income $ (29,655) $ (74,286) $ 103,135
Depreciation and amortization 228,774 235,151 89,698
Amortization of Inventory Step-up 0 26,519 0
Operating Lease, Right-of-Use Asset, Amortization Expense 21,910 23,651 9,594
Provision for doubtful accounts 838 1,036 345
Provision for warranty and returns 21,582 4,902 831
Stock compensation 40,563 36,025 27,341
Loss on Disposition of Property Plant Equipment, net 2,109 2,010 1,652
Bond premium amortization 17 264 655
Debt issuance cost amortization 6,814 6,972 240
Change in fair value of contingent earn-out (16,247) (32,091) 0
Production Related Impairments or Charges 0 0 3,380
Sparepartsusage 17,050 11,924 13,046
Other 8,049 (477) 2,582
Increase (Decrease) in Accounts Receivable 48,635 (19,151) 13,755
Increase (Decrease) in Inventories (6,079) (201,095) 20,815
Increase (Decrease) in Prepaid Expense and Other Assets 11,672 22,903 (7,973)
Increase (Decrease) in Other Operating Assets (24,695) (21,290) (21,038)
Accounts payable (68,301) 37,472 2,347
Accrued liabilities (14,479) (55,834) 6,259
Income taxes, including excess tax benefits and deferred income taxes (82,356) (66,734) 874
Net cash provided by (used in)operating activities 166,201 (62,129) 267,538
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (83,893) (90,311) (68,542)
Proceeds from sale of assets 1,501 989 218
Intangible asset additions (9,777) (9,018) (12,627)
Business acquisitions, net of cash acquired 0 (1,844,164) (14,452)
Payments to Acquire Equity Method Investments 0 0 (3,250)
Purchases of investment securities 0 (3,397) (10,034)
Proceeds from sale of investment securities 4,222 36,433 18,000
Net cash used in by investing activities (87,947) (1,909,468) (90,687)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of long-term debt, net of lender debt issuance costs 0 1,664,362 0
Repayments of Long-term obligations (29,688) (22,375) 0
Payments of Debt Issuance Costs 0 (2,177) 0
Proceeds from exercise of stock options 4,022 8,785 9,372
Payments on finance leases (963) (680) (607)
Payment for Contingent Consideration Liability, Financing Activities 0 0 (17,300)
Purchase of treasury stock (9,350) (10,883) (8,335)
Net cash (used in) provided by financing activities (35,979) 1,637,032 (16,870)
Effect of Exchange Rate on Cash [Abstract]      
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations 3,163 (9,478) (3,251)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 45,438 (344,043) 156,730
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 254,222 208,784 552,827
SUPPLEMENTAL DISCLSOURE OF CASH FLOW INFORMATION      
Cash paid during the year for income taxes 35,809 27,504 19,562
Interest Paid, Excluding Capitalized Interest, Operating Activities 95,913 63,713 858
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING ACTIVITIES      
Accounts payable for property, plant and equipment 6,570 4,854 9,338
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 $ 0 2,589
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