Company: ICUI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000883984-25-000016
Chunk: 35

Company: ICU MEDICAL INC/DE
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 35
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 liabilities, net of amounts acquired: Accounts receivable22,439 13,967 Inventories(8,224)14,164 Prepaid expenses and other current assets(8,464)(5,735)Other assets(6,815)(5,160)Accounts payable32,099 5,313 Accrued liabilities(36,343)(16,503)Income taxes, including excess tax benefits and deferred income taxes(6,598)(1,946)Net cash provided by operating activities51,327 45,791 CASH FLOWS FROM INVESTING ACTIVITIES:  Purchases of property, plant and equipment(14,621)(15,915)Proceeds from sale of assets42 507 Intangible asset additions(2,232)(2,954)Proceeds from sale and maturities of investment securities— 500 Net cash used in investing activities(16,811)(17,862)CASH FLOWS FROM FINANCING ACTIVITIES:  Principal repayments of long-term debt(47,750)(12,750)Proceeds from exercise of stock options133 150 Payments on finance leases(328)(245)Payments of contingent earn-out liability— (2,600)Tax withholding payments related to net share settlement of equity awards(8,391)(11,400)Net cash used in financing activities(56,336)(26,845)Effect of exchange rate changes on cash2,958 (3,883)NET  DECREASE IN CASH AND CASH EQUIVALENTS(18,862)(2,799)CASH AND CASH EQUIVALENTS, beginning of period308,566 254,222 CASH AND CASH EQUIVALENTS, end of period$289,704 $251,423 

The accompanying notes are an integral part of these condensed consolidated financial statements.

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ICU MEDICAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - CONTINUED

(In thousands)

Three months ended March 31,20252024SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES:  Purchases of property, plant, and equipment in accounts payable$10,247 $4,408 

The accompanying notes are an integral part of these condensed consolidated financial statements.

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