Envista Holdings Corporation(NYSE:NVST)

Envista Holdings Corporation, together with its subsidiaries, develops, manufactures, and markets dental products in the United States and internationally. The company operates in two segments, Specialty Products & Technologies and Equipment & Consumables. The company's Specialty Products & Technolo...
Website: http://www.envistaco.com
Founded: 2018
IPO Price: $22 (Sep 18, 2019)
Full Time Employees: 12,500
CEO: Amir A. Aghdaei
Sector: Healthcare
Industry: Medical Instruments & Supplies
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-10-02 | 2020-07-03 | 2020-04-03 | 2019-12-31 | 2019-09-27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
sales | 705,500,000 | 750,600,000 | 669,900,000 | 682,100,000 | 616,900,000 | 652,900,000 | 601,000,000 | 633,100,000 | 623,600,000 | 645,600,000 | 631,300,000 | 662,400,000 | 627,200,000 | 660,800,000 | 631,100,000 | 645,800,000 | 631,400,000 | 651,800,000 | 607,300,000 | 740,100,000 | 709,200,000 | 732,300,000 | 640,500,000 | 362,000,000 | 547,200,000 | 659,300,000 | |
cost of sales | 315,400,000 | 340,000,000 | 299,700,000 | 312,200,000 | 280,900,000 | 280,400,000 | 283,700,000 | 306,500,000 | 267,300,000 | 309,700,000 | 268,000,000 | 283,800,000 | 264,500,000 | 294,600,000 | 266,400,000 | 276,000,000 | 257,300,000 | 308,600,000 | 251,000,000 | 328,200,000 | 311,900,000 | 343,800,000 | 299,800,000 | 211,500,000 | 268,800,000 | -292,300,000 | |
gross profit | 390,100,000 | 410,600,000 | 370,200,000 | 369,900,000 | 336,000,000 | 372,500,000 | 317,300,000 | 326,600,000 | 356,300,000 | 335,900,000 | 363,300,000 | 378,600,000 | 362,700,000 | 366,200,000 | 364,700,000 | 369,800,000 | 374,100,000 | 343,200,000 | 356,300,000 | 411,900,000 | 397,300,000 | 388,500,000 | 340,700,000 | 150,500,000 | 278,400,000 | 367,000,000 | |
yoy | 16.10% | 10.23% | 16.67% | 13.26% | -5.70% | 10.90% | -12.66% | -13.73% | -1.76% | -8.27% | -0.38% | 2.38% | -3.05% | 6.70% | 2.36% | -10.22% | -5.84% | -11.66% | 4.58% | 173.69% | 42.71% | -7.17% | |||||
qoq | -4.99% | 10.91% | 0.08% | 10.09% | -9.80% | 17.40% | -2.85% | -8.34% | 6.07% | -7.54% | -4.04% | 4.38% | -0.96% | 0.41% | -1.38% | -1.15% | 9.00% | -3.68% | -13.50% | 3.67% | 2.27% | 14.03% | 126.38% | -45.94% | |||
operating expenses: | |||||||||||||||||||||||||||
selling, general and administrative | 297,600,000 | 305,200,000 | 284,400,000 | 295,300,000 | 271,700,000 | 299,700,000 | 270,900,000 | 302,500,000 | 284,900,000 | 260,200,000 | 257,700,000 | 272,900,000 | 266,100,000 | 253,600,000 | 264,200,000 | 279,500,000 | 258,200,000 | 272,300,000 | 250,600,000 | 283,100,000 | 258,900,000 | 264,600,000 | 248,800,000 | 241,900,000 | 268,700,000 | ||
research and development | 30,000,000 | 32,100,000 | 28,300,000 | 28,300,000 | 25,300,000 | 26,700,000 | 25,500,000 | 23,600,000 | 23,300,000 | 20,200,000 | 22,300,000 | 26,800,000 | 24,500,000 | 24,600,000 | 26,000,000 | 25,100,000 | 24,400,000 | 24,800,000 | 24,000,000 | 30,300,000 | 30,100,000 | 27,100,000 | 22,500,000 | 16,500,000 | 34,700,000 | ||
operating profit | 62,500,000 | 73,300,000 | 57,500,000 | 46,300,000 | 39,000,000 | 46,100,000 | 20,900,000 | -1,153,300,000 | 48,100,000 | -202,800,000 | 83,300,000 | 78,900,000 | 72,100,000 | 88,000,000 | 74,500,000 | 65,200,000 | 91,500,000 | 46,100,000 | 81,700,000 | 98,500,000 | 108,300,000 | 96,800,000 | 69,400,000 | -107,900,000 | -25,000,000 | 78,700,000 | |
yoy | 60.26% | 59.00% | 175.12% | -104.01% | -18.92% | -122.73% | -74.91% | -1561.72% | -33.29% | -330.45% | 11.81% | 21.01% | -21.20% | 90.89% | -8.81% | -33.81% | -15.51% | -52.38% | 17.72% | -191.29% | -533.20% | -11.82% | |||||
qoq | -14.73% | 27.48% | 24.19% | 18.72% | -15.40% | 120.57% | -101.81% | -2497.71% | -123.72% | -343.46% | 5.58% | 9.43% | -18.07% | 18.12% | 14.26% | -28.74% | 98.48% | -43.57% | -17.06% | -9.05% | 11.88% | 39.48% | -164.32% | 331.60% | |||
nonoperating income: | |||||||||||||||||||||||||||
other expense | -2,900,000 | ||||||||||||||||||||||||||
interest expense | -7,400,000 | -10,300,000 | -9,000,000 | -8,000,000 | -9,300,000 | -9,900,000 | -11,900,000 | -11,700,000 | -12,900,000 | -13,900,000 | -15,400,000 | -17,400,000 | -16,700,000 | -14,500,000 | -11,600,000 | -6,400,000 | -5,900,000 | -10,500,000 | -12,000,000 | -13,600,000 | -18,000,000 | -21,300,000 | -23,400,000 | -14,500,000 | -3,300,000 | -200,000 | |
income before income taxes | 52,200,000 | 57,600,000 | 49,900,000 | 40,700,000 | 29,000,000 | 36,500,000 | 9,600,000 | -1,166,100,000 | 35,300,000 | -215,000,000 | 35,800,000 | 68,600,000 | 55,700,000 | 75,700,000 | 63,200,000 | 59,100,000 | 85,900,000 | 37,200,000 | 69,900,000 | 85,200,000 | 90,600,000 | 74,200,000 | 46,200,000 | -122,300,000 | -28,200,000 | ||
income tax expense | 13,500,000 | 24,700,000 | 80,200,000 | 14,300,000 | 11,000,000 | 35,300,000 | 1,400,000 | -14,500,000 | 11,700,000 | 2,400,000 | 14,300,000 | 16,700,000 | 11,900,000 | 2,200,000 | 13,600,000 | 14,600,000 | 15,500,000 | -5,300,000 | -10,300,000 | -4,900,000 | 18,900,000 | -34,200,000 | 10,600,000 | -28,800,000 | -11,000,000 | ||
net income | 38,700,000 | 32,900,000 | -30,300,000 | 26,400,000 | 18,000,000 | 1,200,000 | 8,200,000 | -1,151,600,000 | 23,600,000 | -217,400,000 | 21,500,000 | 51,900,000 | 43,800,000 | 73,500,000 | 47,600,000 | 47,100,000 | 74,900,000 | 85,800,000 | 92,900,000 | 90,100,000 | 71,700,000 | 108,400,000 | 35,600,000 | -93,500,000 | -17,200,000 | ||
yoy | 115.00% | 2641.67% | -469.51% | -102.29% | -23.73% | -100.55% | -61.86% | -2318.88% | -46.12% | -395.78% | -54.83% | 10.19% | -41.52% | -14.34% | -48.76% | -47.72% | 4.46% | -20.85% | 160.96% | -196.36% | -516.86% | ||||||
qoq | 17.63% | -208.58% | -214.77% | 46.67% | 1400.00% | -85.37% | -100.71% | -4979.66% | -110.86% | -1111.16% | -58.57% | 18.49% | -40.41% | 54.41% | 1.06% | -37.12% | -12.70% | -7.64% | 3.11% | 25.66% | -33.86% | 204.49% | -138.07% | 443.60% | |||
earnings per share: | |||||||||||||||||||||||||||
earnings - basic | 0.24 | 0.2 | -0.18 | 0.1 | -6.69 | 0.14 | -1.31 | 0.13 | 0.32 | 0.27 | 0.45 | 0.29 | 0.29 | 0.46 | 0.53 | 0.58 | |||||||||||
earnings - diluted | 0.23 | 0.2 | -0.18 | 0.16 | 0.1 | -6.69 | 0.14 | -1.26 | 0.12 | 0.29 | 0.25 | 0.42 | 0.27 | 0.26 | 0.42 | 0.49 | 0.52 | ||||||||||
average common stock and common equivalent shares outstanding: | |||||||||||||||||||||||||||
basic | 163.9 | -1.2 | 166.1 | 169 | 172.4 | 0.1 | 172.2 | 172.1 | 171.9 | 1.6 | 168.2 | 164 | 163.6 | 0.2 | 163.1 | 162.9 | 162.2 | 0.1 | 161.5 | 161.2 | 160.5 | 0.2 | 159.7 | 130.6 | |||
diluted | 166.4 | -1.1 | 166.1 | 169.9 | 173.6 | 0.1 | 172.9 | 172.1 | 173.4 | -9.4 | 175.2 | 176.3 | 177.4 | -0.8 | 176.9 | 178.5 | 179.8 | 0.1 | 178.1 | 178.4 | 175.9 | 4.7 | 163.9 | 130.6 | |||
goodwill and intangible asset impairment | 1,153,800,000 | ||||||||||||||||||||||||||
other income | 775,000 | 1,400,000 | 2,400,000 | -700,000 | 300,000 | 600,000 | -1,100,000 | 100,000 | 1,700,000 | -32,100,000 | 7,100,000 | 300,000 | 2,200,000 | 300,000 | 300,000 | 300,000 | 1,600,000 | 200,000 | 300,000 | 300,000 | -1,300,000 | 200,000 | 100,000 | 100,000 | 200,000 | ||
earnings- basic | 0.16 | ||||||||||||||||||||||||||
earnings earnings - basic | -1.628 | 0.05 | |||||||||||||||||||||||||
earnings earnings - diluted | -1.628 | 0.05 | |||||||||||||||||||||||||
income from continuing operations, net of tax | -217,400,000 | 21,500,000 | 51,900,000 | 43,800,000 | 73,500,000 | 49,600,000 | 44,500,000 | 70,400,000 | |||||||||||||||||||
income from discontinued operations, net of tax | -2,000,000 | 2,600,000 | 4,500,000 | 43,300,000 | 12,700,000 | ||||||||||||||||||||||
earnings from continuing operations - basic | -1.31 | 0.13 | 0.32 | 0.27 | 0.45 | 0.3 | 0.27 | 0.43 | 0.26 | 0.5 | |||||||||||||||||
earnings from continuing operations - diluted | -1.26 | 0.12 | 0.29 | 0.25 | 0.42 | 0.28 | 0.25 | 0.39 | 0.23 | 0.45 | |||||||||||||||||
earnings from discontinued operations - basic | -0.01 | 0.02 | 0.03 | 0.27 | 0.08 | ||||||||||||||||||||||
earnings from discontinued operations - diluted | 0.008 | -0.01 | 0.01 | 0.03 | 0.24 | 0.07 | |||||||||||||||||||||
* earnings per share is computed independently for earnings per share from continuing operations and earnings per share from discontinued operations. the sum of earnings per share from continuing operations and earnings per share from discontinued operations does not equal earnings per share due to rounding. | |||||||||||||||||||||||||||
income from continuing operations | 55,250,000 | 80,200,000 | |||||||||||||||||||||||||
earnings per share: | |||||||||||||||||||||||||||
basic | 0.56 | 0.45 | 0.68 | 0.22 | |||||||||||||||||||||||
diluted | 0.51 | 0.41 | 0.67 | 0.22 | |||||||||||||||||||||||
earnings per share: | |||||||||||||||||||||||||||
basic and diluted | -0.59 | -0.11 | |||||||||||||||||||||||||
average common stock and common equivalent shares outstanding: | |||||||||||||||||||||||||||
basic and diluted | 159.5 | 159.2 | |||||||||||||||||||||||||
operating costs: | |||||||||||||||||||||||||||
selling, general and administrative expenses | -252,000,000 | ||||||||||||||||||||||||||
research and development expenses | -36,300,000 | ||||||||||||||||||||||||||
earnings before income taxes | 78,700,000 | ||||||||||||||||||||||||||
income taxes | -16,600,000 | ||||||||||||||||||||||||||
net earnings | 62,100,000 | ||||||||||||||||||||||||||
net earnings per share: | |||||||||||||||||||||||||||
basic | 0.48 | ||||||||||||||||||||||||||
diluted | 0.48 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-10-02 | 2020-07-03 | 2020-04-03 | 2019-12-31 | 2019-09-27 |
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assets | |||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||
cash and cash equivalents | 1,082,800,000 | 1,211,700,000 | 1,133,900,000 | 1,110,600,000 | 1,077,300,000 | 1,069,100,000 | 991,300,000 | 1,036,200,000 | 948,500,000 | 940,000,000 | 824,200,000 | 651,700,000 | 585,200,000 | 606,900,000 | 568,500,000 | 523,100,000 | 1,078,300,000 | 1,073,600,000 | 638,800,000 | 553,900,000 | |||||||
trade accounts receivable, less allowance for credit losses of 23.7 and 22.5, respectively | 436,600,000 | ||||||||||||||||||||||||||
inventories | 300,300,000 | 288,100,000 | 290,800,000 | 281,900,000 | 261,300,000 | 241,000,000 | 265,600,000 | 263,800,000 | 267,400,000 | 258,800,000 | 278,800,000 | 297,000,000 | 307,200,000 | 300,800,000 | 291,300,000 | 286,000,000 | 280,400,000 | 263,800,000 | 274,300,000 | 311,500,000 | 283,200,000 | 266,900,000 | 257,500,000 | 280,800,000 | 312,300,000 | 277,900,000 | |
prepaid expenses and other current assets | 99,400,000 | 97,200,000 | 117,700,000 | 119,600,000 | 118,000,000 | 115,200,000 | 148,000,000 | 141,300,000 | 143,000,000 | 137,400,000 | 120,600,000 | 125,000,000 | 120,100,000 | 123,400,000 | 114,000,000 | 202,300,000 | 197,400,000 | 154,300,000 | 77,900,000 | 81,300,000 | 80,800,000 | 73,700,000 | 92,500,000 | 108,100,000 | 82,400,000 | 69,200,000 | 50,500,000 |
total current assets | 1,919,100,000 | 2,026,600,000 | 1,948,300,000 | 1,934,900,000 | 1,849,700,000 | 1,788,300,000 | 1,797,000,000 | 1,821,900,000 | 1,771,900,000 | 1,743,700,000 | 1,640,700,000 | 1,488,900,000 | 1,414,300,000 | 1,424,600,000 | 1,366,000,000 | 1,388,300,000 | 1,908,900,000 | 1,835,800,000 | 1,766,400,000 | 1,301,700,000 | 1,163,300,000 | 1,590,500,000 | 1,416,200,000 | 1,517,700,000 | 1,114,200,000 | 1,001,900,000 | 978,500,000 |
property, plant and equipment | 298,700,000 | 296,800,000 | 288,400,000 | 287,000,000 | 279,700,000 | 277,000,000 | 291,500,000 | 290,800,000 | 306,200,000 | 309,600,000 | 304,000,000 | 300,100,000 | 297,600,000 | 293,600,000 | 277,200,000 | 264,100,000 | 264,200,000 | 264,100,000 | 266,100,000 | 303,900,000 | 295,700,000 | 303,000,000 | 296,800,000 | 294,300,000 | 289,500,000 | 290,300,000 | |
operating lease right-of-use assets | 143,600,000 | 142,100,000 | 148,000,000 | 141,900,000 | 138,700,000 | 142,800,000 | 141,700,000 | 125,000,000 | 125,300,000 | 125,100,000 | 126,600,000 | 129,600,000 | 132,900,000 | 131,800,000 | 132,100,000 | 130,500,000 | 127,000,000 | 128,100,000 | 150,800,000 | 153,900,000 | 155,500,000 | 165,300,000 | 177,100,000 | 188,900,000 | 193,100,000 | 200,100,000 | |
other long-term assets | 223,800,000 | 228,100,000 | 249,300,000 | 264,900,000 | 244,700,000 | 230,600,000 | 250,600,000 | 218,600,000 | 174,400,000 | 180,500,000 | 152,900,000 | 151,700,000 | 158,300,000 | 153,700,000 | 173,200,000 | 212,400,000 | 174,900,000 | 167,800,000 | 174,100,000 | 147,000,000 | 127,000,000 | 127,300,000 | 72,700,000 | 75,200,000 | 93,000,000 | 74,400,000 | 282,500,000 |
goodwill | 2,359,800,000 | 2,358,200,000 | 2,362,700,000 | 2,369,600,000 | 2,303,400,000 | 2,261,900,000 | 2,333,800,000 | 2,283,700,000 | 3,259,800,000 | 3,292,200,000 | 3,458,200,000 | 3,493,800,000 | 3,506,400,000 | 3,496,600,000 | 3,399,600,000 | 3,389,700,000 | 3,090,500,000 | 3,132,000,000 | 3,145,800,000 | 3,381,900,000 | 3,372,800,000 | 3,430,700,000 | 3,380,400,000 | 3,333,800,000 | 3,292,500,000 | 3,306,000,000 | 3,283,200,000 |
other intangible assets | 633,000,000 | 627,200,000 | 645,800,000 | 666,100,000 | 650,200,000 | 649,900,000 | 696,100,000 | 698,100,000 | 918,700,000 | 954,000,000 | 1,001,400,000 | 1,043,100,000 | 1,065,500,000 | 1,086,700,000 | 1,063,800,000 | 1,076,000,000 | 1,006,800,000 | 1,046,400,000 | 1,058,800,000 | 1,192,900,000 | 1,207,600,000 | 1,259,200,000 | 1,262,500,000 | 1,255,300,000 | 1,258,600,000 | 1,285,600,000 | 1,291,100,000 |
total assets | 5,578,000,000 | 5,679,000,000 | 5,642,500,000 | 5,664,400,000 | 5,466,400,000 | 5,350,500,000 | 5,510,700,000 | 5,438,100,000 | 6,556,300,000 | 6,605,100,000 | 6,683,800,000 | 6,607,200,000 | 6,575,000,000 | 6,587,000,000 | 6,411,900,000 | 6,461,000,000 | 6,572,300,000 | 6,574,200,000 | 6,562,000,000 | 6,481,300,000 | 6,321,900,000 | 6,876,000,000 | 6,605,700,000 | 6,665,200,000 | 6,240,900,000 | 6,158,300,000 | 6,118,400,000 |
liabilities and equity | |||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||
trade accounts payable | 170,000,000 | 191,600,000 | 156,000,000 | 171,800,000 | 163,500,000 | 174,600,000 | 172,100,000 | 172,400,000 | 174,700,000 | 179,500,000 | 168,600,000 | 176,800,000 | 186,800,000 | 228,300,000 | 190,000,000 | 182,700,000 | 180,600,000 | 185,800,000 | 171,000,000 | 209,400,000 | 204,600,000 | 235,100,000 | 161,100,000 | 130,900,000 | 194,800,000 | 208,000,000 | 181,400,000 |
accrued expenses and other liabilities | 577,900,000 | 622,000,000 | 626,500,000 | 586,000,000 | 558,800,000 | 553,600,000 | 541,400,000 | 498,800,000 | 458,600,000 | 455,700,000 | 433,700,000 | 434,000,000 | 423,600,000 | 471,400,000 | 462,500,000 | 539,400,000 | 541,400,000 | 562,300,000 | 509,900,000 | 504,800,000 | 488,000,000 | 530,300,000 | 485,900,000 | 419,400,000 | 383,900,000 | 470,600,000 | 571,800,000 |
operating lease liabilities | 38,700,000 | 39,000,000 | 39,200,000 | 36,100,000 | 34,800,000 | 34,500,000 | 36,200,000 | 34,500,000 | 32,500,000 | 30,300,000 | 29,400,000 | 28,500,000 | 28,400,000 | 27,000,000 | 26,500,000 | 23,800,000 | 23,500,000 | 23,700,000 | 24,500,000 | 27,500,000 | 27,300,000 | 32,500,000 | 28,100,000 | 26,400,000 | 26,700,000 | 26,700,000 | |
total current liabilities | 786,600,000 | 852,600,000 | 821,700,000 | 793,900,000 | 873,300,000 | 878,700,000 | 865,500,000 | 821,400,000 | 781,300,000 | 780,800,000 | 746,800,000 | 1,150,800,000 | 1,149,600,000 | 1,236,700,000 | 1,258,300,000 | 1,256,200,000 | 1,255,700,000 | 1,208,200,000 | 1,269,200,000 | 1,163,200,000 | 1,136,300,000 | 1,684,700,000 | 678,900,000 | 830,200,000 | 608,900,000 | 709,200,000 | 760,700,000 |
other long-term liabilities | 161,400,000 | 161,400,000 | 169,700,000 | 171,400,000 | 147,500,000 | 139,800,000 | 149,700,000 | 147,500,000 | 136,700,000 | 142,400,000 | 150,500,000 | 153,000,000 | 151,300,000 | 151,300,000 | 220,700,000 | 201,300,000 | 288,200,000 | 304,200,000 | 318,200,000 | 415,300,000 | 403,600,000 | 408,800,000 | 445,000,000 | 440,900,000 | 419,500,000 | 399,300,000 | 539,200,000 |
long-term debt | 1,439,100,000 | 1,448,300,000 | 1,445,400,000 | 1,445,100,000 | 1,295,800,000 | 1,278,300,000 | 1,305,600,000 | 1,388,700,000 | 1,390,500,000 | 1,398,100,000 | 1,381,000,000 | 875,600,000 | 873,800,000 | 870,700,000 | 851,600,000 | 864,100,000 | 876,900,000 | 883,400,000 | 887,800,000 | 893,200,000 | 892,200,000 | 907,700,000 | 1,755,500,000 | 1,722,200,000 | 1,546,700,000 | 1,321,000,000 | 1,304,500,000 |
commitments and contingencies | |||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||
preferred stock, 0.01 par value... | |||||||||||||||||||||||||||
common stock, 0.01 par value... | 1,800,000 | 1,800,000 | 1,800,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | ||||||||||||||||||
treasury stock | -273,500,000 | -224,500,000 | -199,000,000 | -156,500,000 | -73,100,000 | ||||||||||||||||||||||
additional paid-in capital | 3,896,000,000 | 3,882,600,000 | 3,871,800,000 | 3,860,300,000 | 3,850,000,000 | 3,791,600,000 | 3,783,000,000 | 3,773,400,000 | 3,767,400,000 | 3,758,200,000 | 3,749,700,000 | 3,719,200,000 | 3,712,800,000 | 3,699,000,000 | 3,689,600,000 | 3,678,400,000 | 3,667,900,000 | 3,732,600,000 | 3,716,600,000 | 3,707,600,000 | 3,691,100,000 | 3,684,400,000 | 3,674,200,000 | 3,665,900,000 | 3,596,100,000 | 3,589,700,000 | 3,613,600,000 |
accumulated deficit | -401,700,000 | -440,400,000 | -473,300,000 | -443,000,000 | -469,400,000 | ||||||||||||||||||||||
accumulated other comprehensive loss | -143,100,000 | -113,200,000 | -113,100,000 | -123,500,000 | -273,100,000 | -371,100,000 | -223,600,000 | -301,600,000 | -283,600,000 | -217,200,000 | -306,800,000 | -236,900,000 | -210,600,000 | -225,100,000 | -391,200,000 | -274,300,000 | -201,800,000 | -143,500,000 | -152,600,000 | -128,900,000 | -143,900,000 | -91,800,000 | -136,200,000 | -156,500,000 | -189,900,000 | -144,200,000 | -140,900,000 |
total stockholders’ equity | 3,079,500,000 | 3,106,300,000 | 3,088,200,000 | 3,139,000,000 | 3,036,100,000 | 2,934,800,000 | 3,072,500,000 | 2,976,700,000 | 4,140,300,000 | 4,173,900,000 | 4,293,200,000 | 4,311,000,000 | 4,279,000,000 | 4,206,900,000 | 3,957,900,000 | 4,016,000,000 | 4,030,900,000 | 4,058,000,000 | 3,947,100,000 | 3,868,900,000 | 3,747,300,000 | 3,721,000,000 | 3,559,800,000 | 3,495,900,000 | |||
total liabilities and stockholders’ equity | 5,578,000,000 | 5,679,000,000 | 5,642,500,000 | 5,664,400,000 | 5,466,400,000 | 5,350,500,000 | 5,510,700,000 | 5,438,100,000 | 6,556,300,000 | 6,605,100,000 | 6,683,800,000 | 6,607,200,000 | 6,575,000,000 | 6,587,000,000 | 6,411,900,000 | 6,461,000,000 | 6,572,300,000 | 6,574,200,000 | 6,562,000,000 | 6,481,300,000 | 6,321,900,000 | 6,876,000,000 | 6,605,700,000 | 6,665,200,000 | |||
trade accounts receivable, less allowance for credit losses of 22.5 and 26.6, respectively | 429,600,000 | ||||||||||||||||||||||||||
short-term debt | 116,200,000 | 116,000,000 | 115,800,000 | 115,700,000 | 115,500,000 | 115,300,000 | 115,100,000 | 511,500,000 | 510,800,000 | 510,000,000 | 579,300,000 | 508,600,000 | 507,800,000 | 432,400,000 | 426,700,000 | 421,500,000 | 416,400,000 | 886,800,000 | 3,800,000 | 253,500,000 | 3,500,000 | 3,900,000 | 7,500,000 | ||||
trade accounts receivable, less allowance for credit losses of 21.8 and 26.6, respectively | 405,900,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 23.1 and 26.6, respectively | 422,800,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 26.6 and 26.6, respectively | 393,100,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 26.6 and 17.3, respectively | 363,000,000 | ||||||||||||||||||||||||||
accumulated (deficit) earnings | -487,400,000 | -488,600,000 | -496,800,000 | ||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 28.0 and 17.3, respectively | 392,100,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 27.7 and 17.3, respectively | 380,600,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 19.8 and 17.3, respectively | 413,000,000 | ||||||||||||||||||||||||||
retained earnings | 654,800,000 | 631,200,000 | 848,600,000 | 827,100,000 | 775,200,000 | 731,400,000 | 657,900,000 | 610,300,000 | 563,200,000 | 466,900,000 | 381,100,000 | 288,200,000 | 198,100,000 | 126,400,000 | 18,000,000 | 75,900,000 | 93,100,000 | 37,000,000 | |||||||||
trade accounts receivable, less allowance for credit losses of 17.3 and 16.2, respectively | 407,500,000 | ||||||||||||||||||||||||||
common stock - 0.01 par value... | 1,700,000 | 1,700,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | |||||||||
trade accounts receivable, less allowance for credit losses of 16.0 and 16.2, respectively | 417,100,000 | 401,800,000 | |||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 16.3 and 16.2, respectively | 415,200,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 16.2 and 20.7, respectively | 393,500,000 | ||||||||||||||||||||||||||
assets held for sale | 4,100,000 | 10,200,000 | |||||||||||||||||||||||||
liabilities held for sale | 1,700,000 | 2,400,000 | |||||||||||||||||||||||||
total envista stockholders’ equity | 4,206,900,000 | 3,957,900,000 | 4,016,000,000 | 4,030,900,000 | 4,057,600,000 | 3,946,700,000 | 3,868,500,000 | 3,746,900,000 | 3,720,600,000 | 3,557,600,000 | 3,493,400,000 | ||||||||||||||||
noncontrolling interests | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 2,200,000 | 2,500,000 | 2,600,000 | 2,600,000 | 2,700,000 | |||||||||||||||||
trade accounts receivable, less allowance for credit losses of 16.8 and 20.7, respectively | 392,200,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 19.6 and 20.7, respectively | 372,800,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 20.3 and 20.7, respectively | 342,600,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 20.7 and 30.5, respectively | 331,900,000 | ||||||||||||||||||||||||||
current assets held for sale | 12,200,000 | 468,000,000 | |||||||||||||||||||||||||
noncurrent assets held for sale | |||||||||||||||||||||||||||
current liabilities held for sale | 4,000,000 | 137,100,000 | |||||||||||||||||||||||||
noncurrent liabilities held for sale | |||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 25.2 and 30.5, respectively | 307,400,000 | ||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at october 1, 2021 and december 31, 2020 | |||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 32.8 and 37.1, respectively | 355,000,000 | ||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at july 2, 2021 and december 31, 2020 | |||||||||||||||||||||||||||
cash and equivalents | 441,200,000 | 888,900,000 | 700,800,000 | 822,400,000 | 353,600,000 | 211,200,000 | 193,200,000 | ||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 34.9 and 37.1, respectively | 358,100,000 | ||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at april 2, 2021 and december 31, 2020 | |||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 37.1 and 22.8, respectively | 361,000,000 | ||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at december 31, 2020 and december 31, 2019 | |||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 35.8 and 22.8, respectively | 365,400,000 | ||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at october 2, 2020 and december 31, 2019 | |||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 30.6 and 22.8, respectively | 306,400,000 | ||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at july 3, 2020 and december 31, 2019 | |||||||||||||||||||||||||||
(accumulated deficit) retained earnings | -17,600,000 | ||||||||||||||||||||||||||
trade accounts receivable, less allowance for credit losses of 26.6 and 22.8, respectively | 365,900,000 | ||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at april 3, 2020 and december 31, 2019 | |||||||||||||||||||||||||||
total envista equity | 3,483,700,000 | 3,540,200,000 | 3,511,300,000 | ||||||||||||||||||||||||
total equity | 3,486,300,000 | 3,542,800,000 | 3,514,000,000 | ||||||||||||||||||||||||
total liabilities and equity | 6,240,900,000 | 6,158,300,000 | 6,118,400,000 | ||||||||||||||||||||||||
trade accounts receivable, less allowance for doubtful accounts of 22.8 and 17.9, respectively | 443,600,000 | ||||||||||||||||||||||||||
preferred stock, no par value, 15.0 million shares authorized; no shares issued or outstanding at december 31, 2019 and december 31, 2018 | |||||||||||||||||||||||||||
former parent investment | |||||||||||||||||||||||||||
trade accounts receivable | 456,400,000 | ||||||||||||||||||||||||||
inventories: | |||||||||||||||||||||||||||
finished goods | 176,500,000 | ||||||||||||||||||||||||||
work in process | 31,700,000 | ||||||||||||||||||||||||||
raw materials | 70,200,000 | ||||||||||||||||||||||||||
total inventories | 278,400,000 | ||||||||||||||||||||||||||
property, plant and equipment, net of accumulated depreciation | 283,100,000 | ||||||||||||||||||||||||||
preferred stock, without par value, 15.0 million shares authorized; no shares issued or outstanding at september 27, 2019 and december 31, 2018 | |||||||||||||||||||||||||||
net parent investment |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-10-02 | 2020-07-03 | 2020-04-03 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||
net income | -30,300,000 | 26,400,000 | 18,000,000 | 1,200,000 | 8,200,000 | -1,151,600,000 | 23,600,000 | -217,400,000 | 21,500,000 | 51,900,000 | 43,800,000 | 73,500,000 | 47,600,000 | 47,100,000 | 74,900,000 | 85,800,000 | 92,900,000 | 90,100,000 | 71,700,000 | 108,400,000 | 35,600,000 | -93,500,000 | -17,200,000 |
noncash items: | |||||||||||||||||||||||
depreciation | 10,100,000 | 10,800,000 | 9,100,000 | 9,200,000 | 10,500,000 | 11,600,000 | 9,500,000 | 9,200,000 | 8,900,000 | 9,400,000 | 8,500,000 | 7,900,000 | 7,800,000 | 8,300,000 | 7,800,000 | 11,400,000 | 9,500,000 | 9,600,000 | 10,300,000 | 10,900,000 | 11,900,000 | 10,100,000 | 9,500,000 |
amortization | 19,100,000 | 19,000,000 | 18,800,000 | 18,600,000 | 18,700,000 | 22,400,000 | 22,600,000 | 23,700,000 | 23,900,000 | 24,100,000 | 27,900,000 | 27,800,000 | 27,900,000 | 26,800,000 | 23,500,000 | 20,200,000 | 20,600,000 | 21,000,000 | 21,000,000 | 22,200,000 | 22,700,000 | 22,800,000 | 22,500,000 |
allowance for credit losses | 2,000,000 | 2,700,000 | 1,300,000 | 1,900,000 | 2,200,000 | 9,300,000 | 4,500,000 | 3,600,000 | 300,000 | 1,200,000 | 2,000,000 | 1,000,000 | 200,000 | 1,900,000 | 1,700,000 | 1,400,000 | 600,000 | 700,000 | 2,900,000 | ||||
stock-based compensation expense | 10,400,000 | 9,700,000 | 7,100,000 | 9,200,000 | 9,800,000 | 5,300,000 | 11,000,000 | 4,500,000 | 6,000,000 | 5,200,000 | 15,000,000 | 7,400,000 | 7,300,000 | 8,300,000 | 7,500,000 | 6,600,000 | 7,300,000 | 7,900,000 | 6,400,000 | 5,900,000 | 5,000,000 | 5,700,000 | 6,000,000 |
gain on investments in rabbi trust | -1,400,000 | ||||||||||||||||||||||
loss on equity investments | |||||||||||||||||||||||
loss on sale of property, plant and equipment | 0 | ||||||||||||||||||||||
goodwill and intangible asset impairments | 0 | 0 | |||||||||||||||||||||
fixed assets impairments and other charges | 800,000 | 0 | 0 | ||||||||||||||||||||
non-cash operating lease costs | 8,600,000 | 8,800,000 | 8,400,000 | 8,300,000 | 8,100,000 | ||||||||||||||||||
amortization of debt discount and issuance costs | 1,000,000 | 1,100,000 | 1,100,000 | 1,200,000 | 1,400,000 | 1,100,000 | 1,200,000 | 1,200,000 | 1,300,000 | 1,100,000 | 1,000,000 | 1,100,000 | 1,000,000 | 1,000,000 | 1,000,000 | 5,700,000 | 5,600,000 | 5,800,000 | 6,200,000 | 5,400,000 | 5,300,000 | ||
deferred income taxes | 26,300,000 | 17,800,000 | -700,000 | ||||||||||||||||||||
change in trade accounts receivable | 13,600,000 | -15,900,000 | -21,300,000 | 10,900,000 | -6,000,000 | 21,400,000 | -16,300,000 | 16,000,000 | -9,000,000 | -15,500,000 | -8,500,000 | 5,500,000 | -19,900,000 | -40,400,000 | -16,200,000 | -28,100,000 | -13,600,000 | 3,600,000 | -5,100,000 | 7,600,000 | -61,800,000 | 53,100,000 | 73,000,000 |
change in inventories | -11,100,000 | -13,400,000 | -10,100,000 | 15,200,000 | -600,000 | 1,200,000 | -12,200,000 | 25,700,000 | 13,300,000 | 3,200,000 | -7,100,000 | -4,000,000 | -6,400,000 | -9,200,000 | -20,300,000 | 1,100,000 | -19,200,000 | -27,500,000 | -20,400,000 | -4,900,000 | 26,200,000 | 27,300,000 | -36,700,000 |
change in trade accounts payable | -15,900,000 | 5,100,000 | -15,100,000 | 6,300,000 | -2,500,000 | -2,300,000 | -2,700,000 | 6,900,000 | -6,100,000 | -9,000,000 | -38,100,000 | 33,200,000 | 5,400,000 | 8,400,000 | -2,500,000 | 19,600,000 | -16,400,000 | 4,100,000 | -27,600,000 | 70,900,000 | 27,800,000 | -66,400,000 | -10,700,000 |
change in prepaid expenses and other assets | 5,800,000 | 3,500,000 | -7,800,000 | 6,200,000 | -9,200,000 | 100,000 | -3,800,000 | -2,100,000 | 6,500,000 | -2,400,000 | 1,300,000 | 10,000,000 | -4,300,000 | -600,000 | -16,800,000 | 11,900,000 | -16,200,000 | 700,000 | -7,900,000 | 31,300,000 | -30,800,000 | -14,400,000 | 11,400,000 |
change in accrued expenses and other liabilities | 50,500,000 | 43,700,000 | 800,000 | 35,000,000 | 42,800,000 | 52,400,000 | 4,300,000 | 14,100,000 | 1,100,000 | 14,100,000 | -41,300,000 | -23,300,000 | -28,800,000 | -29,400,000 | -51,500,000 | 53,000,000 | 15,500,000 | 3,700,000 | -37,900,000 | 10,800,000 | 90,000,000 | 28,000,000 | -118,800,000 |
change in operating lease liabilities | -10,600,000 | -11,400,000 | -10,800,000 | -11,300,000 | -11,400,000 | -10,800,000 | -9,300,000 | -8,900,000 | -8,800,000 | -8,500,000 | -8,300,000 | -8,200,000 | -7,900,000 | -7,500,000 | -8,000,000 | -8,400,000 | -8,400,000 | -8,600,000 | -12,100,000 | -9,500,000 | -9,100,000 | -9,000,000 | -9,100,000 |
net cash from operating activities | 78,700,000 | 88,700,000 | 300,000 | 132,400,000 | 70,700,000 | 93,100,000 | 40,300,000 | 102,000,000 | 95,500,000 | 75,100,000 | 3,100,000 | 110,300,000 | 46,700,000 | 22,200,000 | 3,500,000 | 136,000,000 | 88,300,000 | 120,700,000 | 16,600,000 | 193,400,000 | 148,100,000 | 4,700,000 | -62,300,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 78,700,000 | 88,700,000 | 300,000 | 132,400,000 | 70,700,000 | 93,100,000 | 40,300,000 | 102,000,000 | 95,500,000 | 75,100,000 | 3,100,000 | 110,300,000 | 46,700,000 | 22,200,000 | 3,500,000 | 136,000,000 | 88,300,000 | 120,700,000 | 16,600,000 | 193,400,000 | 148,100,000 | 4,700,000 | -62,300,000 |
cash flows from investing activities: | |||||||||||||||||||||||
payments for additions to property, plant and equipment | -10,800,000 | -12,300,000 | -5,900,000 | -8,600,000 | -7,400,000 | -6,800,000 | -11,000,000 | -8,200,000 | -18,400,000 | -14,100,000 | -17,500,000 | -16,900,000 | -26,900,000 | -12,100,000 | -19,800,000 | -8,700,000 | -17,500,000 | -20,200,000 | -8,300,000 | -13,100,000 | -13,200,000 | -7,800,000 | -13,600,000 |
purchases of investments held in rabbi trust | -8,600,000 | -300,000 | -700,000 | -200,000 | |||||||||||||||||||
proceeds from sale of investments held in rabbi trust | 9,000,000 | 200,000 | 700,000 | 500,000 | |||||||||||||||||||
proceeds from sales of property, plant and equipment | 0 | 0 | 500,000 | 1,700,000 | 0 | ||||||||||||||||||
proceeds from sale of equity investment | 0 | 0 | 0 | 0 | |||||||||||||||||||
all other investing activities | 700,000 | -4,700,000 | -3,400,000 | -1,700,000 | 600,000 | 500,000 | 300,000 | -11,000,000 | -7,700,000 | 600,000 | -4,500,000 | -100,000 | -4,900,000 | -8,500,000 | -5,100,000 | -13,100,000 | 2,800,000 | 2,900,000 | 2,800,000 | 2,700,000 | 3,600,000 | 3,900,000 | 3,800,000 |
net cash from investing activities | -9,700,000 | -17,100,000 | -8,800,000 | -7,400,000 | -30,600,000 | -5,900,000 | -10,700,000 | -12,600,000 | -25,000,000 | -2,800,000 | -22,000,000 | -1,100,000 | -69,700,000 | -591,600,000 | 5,100,000 | -3,100,000 | -17,300,000 | -5,500,000 | -5,100,000 | -9,600,000 | -3,000,000 | -51,400,000 | |
cash flows from financing activities: | |||||||||||||||||||||||
proceeds from stock option exercises | 1,000,000 | 700,000 | 800,000 | 400,000 | 100,000 | 600,000 | 1,300,000 | 3,800,000 | 1,600,000 | 1,300,000 | 4,600,000 | 1,900,000 | 4,500,000 | 2,300,000 | 13,100,000 | 3,500,000 | 2,200,000 | 8,500,000 | 5,300,000 | 5,100,000 | 3,700,000 | 1,700,000 | 3,300,000 |
cash paid for treasury stock | -42,000,000 | -85,700,000 | -14,600,000 | ||||||||||||||||||||
tax withholding payment related to net settlement of equity awards | -700,000 | -500,000 | -3,800,000 | -1,300,000 | -600,000 | -100,000 | -3,300,000 | -100,000 | -1,400,000 | -300,000 | -6,100,000 | -200,000 | -800,000 | -500,000 | -7,600,000 | ||||||||
repayment of convertible notes due 2025 | 0 | ||||||||||||||||||||||
repayment of borrowings | 0 | 0 | 0 | -500,000 | 0 | -100,000 | -100,000 | -475,500,000 | 0 | -100,000 | |||||||||||||
proceeds from revolving line of credit | 0 | 0 | 0 | 0 | |||||||||||||||||||
all other financing activities | 0 | 0 | -200,000 | -600,000 | -100,000 | -1,400,000 | -1,700,000 | -6,400,000 | 0 | 1,000,000 | -1,300,000 | 1,700,000 | -6,600,000 | 5,500,000 | |||||||||
net cash from financing activities | -41,700,000 | -86,400,000 | -17,600,000 | -900,000 | -100,500,000 | 300,000 | -2,600,000 | 3,300,000 | 114,500,000 | 2,600,000 | -1,500,000 | -68,300,000 | 73,700,000 | 1,800,000 | 5,300,000 | 1,800,000 | -4,300,000 | 6,500,000 | -469,600,000 | 258,500,000 | |||
effect of exchange rate changes on cash and cash equivalents | -4,000,000 | 48,100,000 | 34,300,000 | -46,300,000 | 15,500,000 | 200,000 | -18,500,000 | 23,100,000 | -12,500,000 | -8,400,000 | -1,300,000 | -2,500,000 | -5,300,000 | 12,400,000 | -9,200,000 | 8,400,000 | 4,000,000 | ||||||
net change in cash and cash equivalents | 23,300,000 | 33,300,000 | 8,200,000 | 77,800,000 | -44,900,000 | 87,700,000 | 8,500,000 | 115,800,000 | 172,500,000 | 66,500,000 | -21,700,000 | 38,400,000 | 45,400,000 | -555,200,000 | 4,700,000 | 434,800,000 | 84,900,000 | ||||||
beginning balance of cash and cash equivalents | 0 | 0 | 1,069,100,000 | 0 | 0 | 0 | 940,000,000 | 0 | 0 | 0 | 606,900,000 | 0 | 0 | 0 | 1,073,600,000 | 0 | 0 | ||||||
ending balance of cash and cash equivalents | 23,300,000 | 33,300,000 | 1,077,300,000 | 77,800,000 | -44,900,000 | 87,700,000 | 948,500,000 | 115,800,000 | 172,500,000 | 66,500,000 | 585,200,000 | 38,400,000 | 45,400,000 | -555,200,000 | 1,078,300,000 | 434,800,000 | 84,900,000 | ||||||
supplemental data: | |||||||||||||||||||||||
cash paid for interest | 4,000,000 | 9,700,000 | 13,400,000 | 9,300,000 | 15,900,000 | 12,800,000 | 16,700,000 | 15,300,000 | 12,600,000 | 21,000,000 | 14,300,000 | 17,300,000 | 7,300,000 | 11,000,000 | 2,800,000 | 11,600,000 | 10,500,000 | 22,400,000 | 17,500,000 | 13,900,000 | 2,900,000 | ||
cash paid for taxes | 20,900,000 | 16,400,000 | 5,200,000 | 3,100,000 | 13,900,000 | 12,100,000 | 3,800,000 | 49,100,000 | 16,000,000 | 26,900,000 | 6,600,000 | 39,000,000 | 14,100,000 | 45,400,000 | 5,700,000 | 6,300,000 | 8,100,000 | 3,600,000 | 10,600,000 | ||||
rou assets obtained in exchange for operating lease obligations | 15,600,000 | 7,800,000 | 1,200,000 | 10,300,000 | 25,000,000 | 8,000,000 | 11,500,000 | 3,200,000 | 6,800,000 | 4,500,000 | 7,600,000 | 6,400,000 | 7,100,000 | 8,200,000 | 2,600,000 | 12,100,000 | 11,700,000 | 3,500,000 | 800,000 | ||||
restructuring charges | 0 | 200,000 | -200,000 | 600,000 | -100,000 | 700,000 | 100,000 | -800,000 | 1,700,000 | 5,700,000 | -1,900,000 | 10,500,000 | 0 | 0 | 2,100,000 | ||||||||
loss on investments in rabbi trust | 600,000 | ||||||||||||||||||||||
treasury stock purchases in accrued liabilities | 4,300,000 | ||||||||||||||||||||||
gain on equity investments | -100,000 | -600,000 | 0 | ||||||||||||||||||||
gain on sale of property, plant and equipment | -3,400,000 | -800,000 | 0 | 0 | |||||||||||||||||||
gain on sale of kavo treatment unit and instrument business | 0 | 0 | -2,900,000 | -6,000,000 | |||||||||||||||||||
fair value adjustment of acquisition-related inventory | |||||||||||||||||||||||
inducement expense related to exchange of convertible notes | 0 | ||||||||||||||||||||||
acquisitions, net of cash acquired | 0 | 0 | 900,000 | -41,600,000 | |||||||||||||||||||
proceeds from sale of kavo treatment unit and instrument business | 14,100,000 | 31,000,000 | -1,200,000 | 30,000,000 | |||||||||||||||||||
proceeds from the settlement of derivative financial instruments | 500,000 | 100,000 | |||||||||||||||||||||
proceeds from issuance of convertible notes due 2028 | 0 | ||||||||||||||||||||||
debt issuance costs related to issuance of convertible notes due 2028 | -300,000 | ||||||||||||||||||||||
principal paid related to exchange of convertible notes due 2025 | 0 | ||||||||||||||||||||||
proceeds from borrowings | 0 | 0 | 300,000 | 249,800,000 | |||||||||||||||||||
debt issuance costs related to other borrowings | 0 | ||||||||||||||||||||||
repayment of revolving line of credit | -70,000,000 | 0 | |||||||||||||||||||||
impairment charges | 800,000 | 100,000 | -100,000 | 300,000 | 600,000 | 900,000 | 1,000,000 | 3,900,000 | 9,000,000 | 5,300,000 | 2,200,000 | 1,900,000 | 15,500,000 | 6,800,000 | |||||||||
amortization of right-of-use assets | 7,300,000 | 7,100,000 | 6,800,000 | 6,600,000 | 6,500,000 | 6,600,000 | 6,500,000 | 4,800,000 | 6,400,000 | 7,000,000 | 7,000,000 | 7,100,000 | 7,200,000 | 7,400,000 | 7,900,000 | 7,400,000 | 7,800,000 | ||||||
other impairment charges | |||||||||||||||||||||||
change in deferred income taxes | |||||||||||||||||||||||
gain on sale of equity investment | |||||||||||||||||||||||
proceeds from borrowing | 0 | ||||||||||||||||||||||
repayment of borrowing | 0 | ||||||||||||||||||||||
proceeds from issuance of convertible senior notes | 0 | 0 | |||||||||||||||||||||
payment of debt issuance and other deferred financing costs | 0 | 0 | -1,900,000 | -400,000 | 0 | 100,000 | |||||||||||||||||
purchase of capped calls related to issuance of convertible senior notes | 0 | 0 | |||||||||||||||||||||
fair value of acquisition-related inventory | |||||||||||||||||||||||
acquisition, net of cash acquired | -126,400,000 | ||||||||||||||||||||||
net cash from (used) in investing activities | |||||||||||||||||||||||
proceeds from the public offering of common stock, net of issuance costs | |||||||||||||||||||||||
consideration to former parent in connection with the separation | |||||||||||||||||||||||
net transfers to former parent | |||||||||||||||||||||||
effect of exchange rate changes on cash and equivalents | 10,800,000 | -4,000,000 | -15,700,000 | -7,500,000 | -2,400,000 | ||||||||||||||||||
net change in cash and equivalents | -447,700,000 | 188,100,000 | -121,600,000 | 468,800,000 | 142,400,000 | ||||||||||||||||||
beginning balance of cash and equivalents | 888,900,000 | 0 | 0 | 0 | 211,200,000 | ||||||||||||||||||
ending balance of cash and equivalents | 441,200,000 | 188,100,000 | -121,600,000 | 468,800,000 | 353,600,000 | ||||||||||||||||||
assets acquired: | |||||||||||||||||||||||
cash | 2,900,000 | 0 | 2,900,000 | ||||||||||||||||||||
trade accounts receivable | 1,000,000 | 0 | 1,000,000 | ||||||||||||||||||||
inventories | 1,900,000 | 0 | 1,900,000 | ||||||||||||||||||||
prepaid expenses and other current assets | 200,000 | 0 | 200,000 | ||||||||||||||||||||
property, plant and equipment | 500,000 | 0 | 500,000 | ||||||||||||||||||||
goodwill | 25,100,000 | -800,000 | 25,200,000 | ||||||||||||||||||||
other intangible assets | 22,300,000 | 0 | 22,300,000 | ||||||||||||||||||||
total assets acquired | 53,900,000 | -800,000 | 54,000,000 | ||||||||||||||||||||
liabilities assumed: | |||||||||||||||||||||||
trade accounts payable | -100,000 | 0 | -100,000 | ||||||||||||||||||||
accrued expenses and other liabilities | -10,200,000 | 0 | -9,400,000 | ||||||||||||||||||||
total liabilities assumed | -10,300,000 | 0 | -9,500,000 | ||||||||||||||||||||
total net assets acquired | 43,600,000 | -800,000 | 44,500,000 | ||||||||||||||||||||
allowance for doubtful accounts | 8,500,000 | ||||||||||||||||||||||
consideration to danaher in connection with the separation | |||||||||||||||||||||||
net cash from in financing activities | |||||||||||||||||||||||
net cash from (used) in financing activities | |||||||||||||||||||||||
net transfers from former parent | |||||||||||||||||||||||
restructuring and impairment charges | |||||||||||||||||||||||
proceeds from borrowings, net of deferred costs | |||||||||||||||||||||||
payment for purchase of noncontrolling interest and related transactions | |||||||||||||||||||||||
category | |||||||||||||||||||||||
buildings | |||||||||||||||||||||||
leased assets and leasehold improvements | |||||||||||||||||||||||
machinery and equipment | |||||||||||||||||||||||
net earnings | |||||||||||||||||||||||
net proceeds from borrowings | |||||||||||||||||||||||
net transfers to parent | |||||||||||||||||||||||
supplemental disclosures: | |||||||||||||||||||||||
cash income tax payments | |||||||||||||||||||||||
cash interest payments |
