Company: ICUI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000883984-25-000016
Chunk: 34

Company: ICU MEDICAL INC/DE
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 34
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,476)Balance, March 31, 202524,611 $2,461 $1,416,001 $(60)$674,682 $(105,395)$1,987,689 

 Common StockAdditionalPaid-inCapitalTreasuryStockRetainedEarningsAccumulatedOtherComprehensiveLossSharesAmountTotalBalance, January 1, 202424,144 $2,414 $1,366,493 $(262)$807,846 $(53,081)$2,123,410 Issuance of restricted stock and exercise of stock options378 27 (6,847)6,970 — — 150 Tax withholding payments related to net share settlement of equity awards(110)— — (11,400)— — (11,400)Stock compensation— — 11,598 — — — 11,598 Other comprehensive loss, net of tax— — — — — (16,457)(16,457)Net loss— — — — (39,471)— (39,471)Balance, March 31, 202424,412 $2,441 $1,371,244 $(4,692)$768,375 $(69,538)$2,067,830 

6

ICU MEDICAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

(In thousands) 

 Three months ended March 31, 20252024CASH FLOWS FROM OPERATING ACTIVITIES:  Net loss$(15,476)$(39,471)Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization49,445 55,526 Noncash lease expense4,475 5,341 Provision for doubtful accounts— 549 Provision for warranty, returns and field action3,634 (618)Stock compensation12,179 11,598 Loss (gain) on disposal of property, plant and equipment and other assets1,696 (65)Debt issuance costs amortization1,700 1,708 Change in fair value of contingent earn-out liability— 295 Usage of spare parts5,023 4,201 Other557 2,627 Changes in operating assets and