Financial Statements

Lannett Company, Inc. (LCI)

$0.6855

0.00 (0.00%)

Cash Flow Statement

All numbers are in thousands
Year XLSX
2022
XLSX
2021
XLSX
2020
XLSX
2019
XLSX
2018
Operating Cash Flow -7,12560,851116,014176,310118,523
Net Income -231,620-363,475-33,366-272,10728,690
Depreciation & Amortization 34,26747,82456,30955,59455,115
Deferred income taxes -117,890-8,585-87,24230,690
Stock-based compensation 8,4109,03710,2169,0279,896
Change in working capital 29,053-16,62438,70173,430-65,748
Other non-cash items 152,765266,19952,739397,60859,880
Investing Cash Flow 2,075-14,801-40,000-7,290-51,176
Investments in PPE -10,489-14,915-47,130-27,340-71,354
Investment purchases -----63,643
Sales/Maturities of investments ----94,047
Other Investing Activites 12,5641147,13020,050-10,226
Financing Cash Flow -519-92,172-71,922-127,257-86,205
Debt repayment --437,926-146,700-126,743-85,705
Dividends payments --356,225-86,250--90,347
Common Stock Repurchased -828-1,047-1,909-592-4,642
Common Stock Issuance 3096649981,1804,142
Other Financing Activites -702,362161,939-1,10290,347
Accounts receivables 42,59326,85439,06484,949-48,585
Accounts payables 152-2,95019,042-43,274-4,953
Inventory 1,1928,9941,104-2,336-19,031
Other working capital -14,884-49,522-20,50934,0916,821
Cash at beginning of period 98,286144,329140,24998,586117,737
Cash at end of period 92,85498,286144,329140,24998,586
Capital Expenditure -10,489-14,915-47,130-27,340-71,354
Effect of forex changes on cash 13779-12-100-293
Net cash flow / Change in cash -5,432-46,0434,08041,663-19,151
Free Cash Flow -17,61445,93668,884148,97047,169

Lannett Company, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Lannett Company, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.