NuVasive Inc
F:NK8
Cash Flow Statement
Cash Flow Statement
NuVasive Inc
| Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
| Net Income |
(7)
|
(2)
|
7
|
(12)
|
(10)
|
(19)
|
(18)
|
32
|
47
|
62
|
65
|
25
|
50
|
41
|
36
|
57
|
33
|
63
|
80
|
41
|
41
|
23
|
13
|
49
|
52
|
48
|
65
|
61
|
(4)
|
(9)
|
(37)
|
(50)
|
2
|
(26)
|
(64)
|
(37)
|
(40)
|
(20)
|
40
|
20
|
28
|
|
| Depreciation & Amortization |
57
|
60
|
63
|
64
|
64
|
63
|
66
|
67
|
67
|
68
|
66
|
71
|
80
|
91
|
103
|
111
|
115
|
118
|
121
|
124
|
127
|
129
|
130
|
132
|
133
|
135
|
136
|
137
|
138
|
141
|
141
|
142
|
145
|
147
|
150
|
150
|
149
|
148
|
147
|
144
|
140
|
|
| Change in Deffered Taxes |
0
|
0
|
(11)
|
0
|
0
|
0
|
(23)
|
(12)
|
(3)
|
14
|
35
|
26
|
30
|
23
|
26
|
26
|
9
|
(3)
|
(13)
|
(27)
|
(16)
|
(18)
|
(11)
|
3
|
1
|
8
|
6
|
13
|
(6)
|
(10)
|
(18)
|
(31)
|
(15)
|
(17)
|
(4)
|
(5)
|
(7)
|
(4)
|
(11)
|
(12)
|
(11)
|
|
| Stock-Based Compensation |
27
|
30
|
33
|
34
|
34
|
34
|
34
|
34
|
31
|
29
|
26
|
23
|
25
|
25
|
27
|
29
|
30
|
22
|
22
|
20
|
18
|
29
|
26
|
27
|
27
|
24
|
30
|
22
|
20
|
20
|
18
|
29
|
29
|
26
|
25
|
24
|
27
|
26
|
29
|
29
|
29
|
|
| Other Non-Cash Items |
64
|
66
|
63
|
66
|
76
|
84
|
76
|
80
|
71
|
67
|
71
|
87
|
90
|
91
|
97
|
76
|
75
|
66
|
65
|
78
|
83
|
99
|
98
|
89
|
82
|
82
|
80
|
79
|
121
|
135
|
152
|
169
|
126
|
126
|
150
|
109
|
129
|
125
|
55
|
75
|
52
|
|
| Cash Taxes Paid |
0
|
0
|
3
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
36
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
12
|
0
|
0
|
|
| Cash Interest Paid |
0
|
0
|
12
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
20
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
9
|
0
|
0
|
|
| Change in Working Capital |
(22)
|
(28)
|
(25)
|
(10)
|
(5)
|
6
|
15
|
(48)
|
(80)
|
(144)
|
(148)
|
(88)
|
(95)
|
(108)
|
(104)
|
(142)
|
(109)
|
(65)
|
(76)
|
(31)
|
(47)
|
(24)
|
(9)
|
(65)
|
(33)
|
(43)
|
(52)
|
(74)
|
(75)
|
(68)
|
(51)
|
(18)
|
(25)
|
(12)
|
(49)
|
(60)
|
(61)
|
(89)
|
(63)
|
(62)
|
(71)
|
|
| Cash from Operating Activities |
97
N/A
|
101
+4%
|
97
-3%
|
97
-1%
|
113
+17%
|
124
+9%
|
116
-7%
|
118
+2%
|
102
-13%
|
67
-35%
|
89
+32%
|
120
+35%
|
154
+28%
|
137
-11%
|
158
+16%
|
127
-20%
|
123
-3%
|
179
+45%
|
177
-1%
|
185
+5%
|
187
+1%
|
209
+12%
|
219
+5%
|
207
-5%
|
235
+14%
|
229
-3%
|
235
+3%
|
216
-8%
|
175
-19%
|
188
+7%
|
186
-1%
|
212
+14%
|
232
+9%
|
217
-6%
|
182
-16%
|
157
-14%
|
171
+9%
|
160
-7%
|
169
+6%
|
165
-3%
|
140
-15%
|
|
| Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditures |
(44)
|
(44)
|
(48)
|
(52)
|
(54)
|
(55)
|
(58)
|
(103)
|
(102)
|
(101)
|
(108)
|
(69)
|
(90)
|
(99)
|
(94)
|
(111)
|
(106)
|
(114)
|
(113)
|
(109)
|
(103)
|
(99)
|
(110)
|
(119)
|
(121)
|
(125)
|
(130)
|
(120)
|
(113)
|
(110)
|
(110)
|
(105)
|
(110)
|
(115)
|
(112)
|
(119)
|
(127)
|
(133)
|
(139)
|
(141)
|
(143)
|
|
| Other Items |
(19)
|
28
|
(17)
|
(42)
|
(43)
|
(64)
|
(46)
|
(36)
|
(17)
|
59
|
100
|
(72)
|
(82)
|
(179)
|
(211)
|
(42)
|
(47)
|
(63)
|
(62)
|
(112)
|
(100)
|
(53)
|
(52)
|
0
|
(4)
|
(3)
|
(4)
|
0
|
(130)
|
(207)
|
(172)
|
(149)
|
(65)
|
11
|
(24)
|
(48)
|
(7)
|
(7)
|
(16)
|
(15)
|
(13)
|
|
| Cash from Investing Activities |
(62)
N/A
|
(16)
+74%
|
(65)
-306%
|
(93)
-45%
|
(97)
-4%
|
(120)
-24%
|
(105)
+12%
|
(139)
-33%
|
(119)
+14%
|
(43)
+64%
|
(8)
+82%
|
(141)
-1 777%
|
(172)
-22%
|
(278)
-62%
|
(305)
-10%
|
(153)
+50%
|
(153)
-1%
|
(177)
-15%
|
(175)
+1%
|
(220)
-26%
|
(203)
+8%
|
(152)
+25%
|
(161)
-6%
|
(119)
+27%
|
(124)
-5%
|
(129)
-3%
|
(135)
-5%
|
(124)
+8%
|
(243)
-95%
|
(317)
-30%
|
(282)
+11%
|
(254)
+10%
|
(174)
+31%
|
(104)
+40%
|
(136)
-31%
|
(168)
-23%
|
(133)
+20%
|
(140)
-5%
|
(155)
-11%
|
(156)
-1%
|
(156)
+0%
|
|
| Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
| Net Issuance of Common Stock |
5
|
5
|
8
|
17
|
19
|
20
|
20
|
(19)
|
(30)
|
(39)
|
(45)
|
17
|
19
|
26
|
30
|
(13)
|
(4)
|
(4)
|
(2)
|
6
|
7
|
7
|
5
|
(1)
|
(6)
|
(7)
|
(8)
|
(32)
|
19
|
20
|
19
|
51
|
(3)
|
(2)
|
(3)
|
(8)
|
(1)
|
(1)
|
0
|
3
|
2
|
|
| Net Issuance of Debt |
(74)
|
(74)
|
(74)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
179
|
179
|
179
|
84
|
(96)
|
(76)
|
(119)
|
(63)
|
(8)
|
(46)
|
(35)
|
0
|
(55)
|
(37)
|
(5)
|
0
|
359
|
727
|
726
|
726
|
(283)
|
(650)
|
(650)
|
(649)
|
(0)
|
0
|
0
|
0
|
0
|
(100)
|
|
| Other |
(26)
|
(22)
|
13
|
12
|
11
|
7
|
11
|
19
|
21
|
26
|
15
|
6
|
4
|
(2)
|
(2)
|
(1)
|
(22)
|
(22)
|
(22)
|
(31)
|
(10)
|
(20)
|
(20)
|
(11)
|
(10)
|
1
|
1
|
(0)
|
(9)
|
(9)
|
(9)
|
(8)
|
(0)
|
(1)
|
(1)
|
(8)
|
(8)
|
(8)
|
(9)
|
(33)
|
(33)
|
|
| Cash from Financing Activities |
(96)
N/A
|
(92)
+4%
|
(53)
+43%
|
29
N/A
|
30
+3%
|
27
-13%
|
30
+14%
|
1
-98%
|
(9)
N/A
|
(12)
-36%
|
(30)
-148%
|
202
N/A
|
202
N/A
|
203
+1%
|
111
-45%
|
(110)
N/A
|
(102)
+7%
|
(144)
-42%
|
(87)
+40%
|
(33)
+62%
|
(50)
-51%
|
(48)
+4%
|
(15)
+69%
|
(67)
-358%
|
(53)
+21%
|
(11)
+78%
|
(7)
+42%
|
328
N/A
|
736
+125%
|
737
+0%
|
737
0%
|
(239)
N/A
|
(653)
-173%
|
(653)
0%
|
(653)
0%
|
(16)
+98%
|
(10)
+40%
|
(10)
+2%
|
(9)
+10%
|
(31)
-258%
|
(131)
-324%
|
|
| Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
| Effect of Foreign Exchange Rates |
(1)
|
(0)
|
(1)
|
(0)
|
1
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
1
|
(1)
|
(1)
|
(0)
|
0
|
2
|
2
|
(0)
|
(1)
|
(1)
|
(2)
|
(0)
|
(1)
|
0
|
(2)
|
(1)
|
2
|
3
|
3
|
2
|
(0)
|
(4)
|
(2)
|
(6)
|
(7)
|
(3)
|
(2)
|
2
|
|
| Net Change in Cash |
(62)
N/A
|
(7)
+89%
|
(21)
-190%
|
32
N/A
|
48
+48%
|
30
-37%
|
40
+32%
|
(22)
N/A
|
(28)
-25%
|
11
N/A
|
50
+372%
|
182
+263%
|
184
+1%
|
63
-66%
|
(37)
N/A
|
(136)
-268%
|
(132)
+3%
|
(142)
-7%
|
(83)
+42%
|
(66)
+21%
|
(66)
0%
|
8
N/A
|
42
+419%
|
20
-53%
|
58
+197%
|
88
+51%
|
94
+7%
|
418
+343%
|
668
+60%
|
610
-9%
|
644
+6%
|
(278)
N/A
|
(593)
-113%
|
(540)
+9%
|
(611)
-13%
|
(28)
+95%
|
22
N/A
|
3
-87%
|
3
-12%
|
(24)
N/A
|
(145)
-502%
|
|
| Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
| Free Cash Flow |
53
N/A
|
57
+8%
|
50
-13%
|
45
-10%
|
59
+32%
|
69
+16%
|
57
-17%
|
15
-74%
|
0
N/A
|
(34)
N/A
|
(19)
+44%
|
51
N/A
|
64
+25%
|
38
-41%
|
64
+70%
|
16
-74%
|
17
+4%
|
65
+284%
|
65
-1%
|
77
+19%
|
84
+9%
|
109
+30%
|
110
+0%
|
89
-19%
|
115
+29%
|
104
-9%
|
105
+1%
|
96
-9%
|
62
-35%
|
78
+25%
|
76
-2%
|
107
+40%
|
123
+14%
|
103
-16%
|
70
-32%
|
38
-46%
|
44
+18%
|
27
-39%
|
30
+10%
|
23
-22%
|
(3)
N/A
|
|