10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTUITIVE SURGICAL INC | |||
Ticker: ISRG Fiscal Year: 2013 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 3, 2014) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating activities: | |||
| Net income | $ 671,000 | 656,600 | 495,100 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 46,000 | 34,700 | 28,700 |
| Amortization of intangible assets | 21,300 | 23,100 | 17,800 |
| Accretion of discounts and amortization of premiums on investments, net | 36,800 | 33,100 | 22,600 |
| Deferred income taxes | (38,500) | (20,800) | 7,100 |
| Income tax benefits from employee stock option plans | 34,500 | 93,900 | 48,600 |
| Excess tax benefit from share-based compensation | (38,000) | (94,200) | (58,800) |
| Share-based compensation expense | 168,900 | 153,300 | 136,400 |
| Changes in operating assets and liabilities, net of effects of acquisition: | |||
| Accounts receivable | 68,900 | (68,900) | (51,100) |
| Inventory | (70,000) | (7,100) | (25,300) |
| Prepaids and other assets | (5,000) | (37,100) | (9,400) |
| Accounts payable | (8,900) | 8,400 | 10,300 |
| Accrued compensation and employee benefits | (33,300) | 21,000 | 19,600 |
| Deferred revenue | 15,200 | 30,500 | 28,100 |
| Other accrued liabilities | 11,100 | (12,300) | 7,900 |
| Net cash provided by operating activities | 880,000 | 814,200 | 677,600 |
| Investing activities: | |||
| Purchase of investments | (1,443,700) | (1,833,900) | (1,532,200) |
| Proceeds from sales of investments | 984,900 | 329,800 | 444,300 |
| Proceeds from maturities of investments | 822,400 | 800,200 | 691,800 |
| Purchase of property, plant and equipment, intellectual property and business | (104,600) | (141,800) | (82,900) |
| Net cash provided by (used in) investing activities | 259,000 | (845,700) | (479,000) |
| Financing activities: | |||
| Proceeds from issuance of common stock, net | 160,600 | 263,300 | 260,600 |
| Excess tax benefit from share-based compensation | 38,000 | 94,200 | 58,800 |
| Repurchase and retirement of common stock | (1,109,200) | (238,300) | (331,800) |
| Net cash (used in) provided by financing activities | (910,600) | 119,200 | (12,400) |
| Effect of exchange rate changes on cash and cash equivalents | 0 | 200 | (200) |
| Net increase in cash and cash equivalents | 228,400 | 87,900 | 186,000 |
| Cash and cash equivalents, beginning of year | 553,700 | 465,800 | |
| Cash and cash equivalents, end of year | 782,100 | 553,700 | 465,800 |
| Supplemental cash flow information: | |||
| Income taxes paid | 194,100 | 226,100 | 152,000 |
| External Links | |
| INTUITIVE SURGICAL INC (ISRG) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |