← ALEXANDERS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $86.5m |
$80.5m
-6.90%
|
$32.8m
-59.20%
|
$60.1m
+82.91%
|
$41.9m
-30.19%
|
$132.9m
+216.96%
|
$57.6m
-56.64%
|
$102.4m
+77.70%
|
$43.4m
-57.58%
|
$28.2m
-35.03%
|
— | |
| Depreciation, Depletion and Amortization | $36.4m | $38.7m | $38.5m | $36.5m | $35.1m | $34.6m | $31.5m | $34.6m | $37.9m | $38.1m | $37.5m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $31.5m | $34.5m | $37.9m | $38.1m | $37.5m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | $394k | $600k | $450k | $450k | $450k | $450k | $394k | $656k | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $8.0m | $16.8m | ($47.8m) | ($5.5m) | ($45.9m) | |
| Increase (Decrease) in Accounts Receivable | ($958k) | ($363k) | $1.4m | $2.0m | $6.1m | ($1.7m) | ($1.7m) | $572k | ($165k) | ($1.0m) | $1.1m | |
| Change In Receivables | — | — | — | — | — | — | $1.7m | ($572k) | $165k | $1.0m | $1.1m | |
| Increase (Decrease) in Other Operating Assets | $9.9m | $2.6m | $1.2m | ($21.6m) | $28.4m | ($3.1m) | ($2.8m) | ($14.1m) | $149.4m | $2.9m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $2.8m | $14.1m | ($149.4m) | ($2.9m) | ($2.8m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $338k | ($19k) | $115.1m | ($1.5m) | ($19.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $130.8m |
$123.4m
-5.65%
|
$73.5m
-40.42%
|
$126.1m
+71.44%
|
$78.1m
-38.08%
|
$118.5m
+51.75%
|
$102.5m
-13.44%
|
$109.1m
+6.40%
|
$54.1m
-50.41%
|
$73.4m
+35.74%
|
$27.2m
-63.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Marketable Securities, Unrealized Gain (Loss) | — | — | ($12.0m) | ($8.8m) | ($8.6m) | $3.5m | $0 | $0 | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($16.0m) | ($202.0m) | ($1.1m) | ($9.4m) | ($32.5m) | $75.5m | ($279.3m) | $321.8m | ($13.2m) | ($20.8m) | $193.2m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $3.4m | $303.7m | $160.1m | $0 | $50.0m | $68.0m | $0 | $0 | $500.0m | $335.0m | ($333.1m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $500.0m | $78.2m | $0 | $239.7m | $0 | $0 | — | $400.0m | $175.0m | $175.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $400.0m | $175.0m | $175.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $400.0m | $175.0m | $175.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | $0 | ($500.0m) | ($335.0m) | ($333.1m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | $0 | ($100.0m) | ($160.0m) | ($158.1m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | ($100.0m) | ($160.0m) | ($158.1m) | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | $0 | ($500.0m) | ($335.0m) | ($333.1m) | |
| Payments of Ordinary Dividends, Common Stock | $81.8m | $87.0m | $92.1m | $92.1m | $92.2m | $92.2m | $92.3m | $92.3m | $92.4m | $92.4m | ($92.4m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($92.3m) | ($92.3m) | ($92.4m) | ($92.4m) | ($92.4m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($92.3m) | ($92.3m) | ($92.4m) | ($92.4m) | ($92.4m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($46k) | ($104k) | ($7.6m) | ($1.8m) | ($1.8m) | |
| Net Cash Provided by (Used in) Financing Activities | ($85.3m) |
$97.1m
+213.90%
|
($176.2m)
-281.36%
|
($92.1m)
+47.70%
|
$90.3m
+198.00%
|
($160.3m)
-277.52%
|
($92.3m)
+42.41%
|
($92.4m)
-0.12%
|
($200.0m)
-116.42%
|
($254.3m)
-27.12%
|
($252.3m)
+0.77%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $30.0m | $18.6m | ($103.8m) | $24.5m | $135.9m | $33.6m | ($269.0m) | $338.5m | ($159.1m) | ($201.6m) | $358.3m | |
| Beginning Cash Position | — | — | — | — | — | — | $483.5m | $214.5m | $553.0m | $393.8m | $390.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $30.0m | $393.3m | $289.5m | $314.0m | $449.9m | $483.5m | $214.5m | $553.0m | $393.8m | $192.2m | $358.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $34.7m | $22.5m | $18.6m | $25.9m | $54.0m | $59.7m | $48.2m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | — | $2.3m | — | — | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | $70.0m | $0 | $54.0m | $0 | $0 | — | |
| General and Administrative Expense | $5.4m | $5.3m | $5.3m | $5.8m | $6.3m | $5.9m | $6.1m | $6.3m | $6.5m | $6.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $86.5m | — | $56.6m | $60.1m | $41.9m | $130.6m | $57.6m | $102.4m | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | ($23.8m) | $0 | $0 | $2.3m | $0 | $0 | — | — | — | |
| Income Tax Expense (Benefit) | $48k | $3k | $4k | — | — | — | — | — | — | — | — | |
| Operating Costs and Expenses | $82.2m | $85.1m | $93.8m | $89.7m | $88.4m | $91.1m | $90.4m | $101.2m | $103.2m | $106.4m | — | |
| Operating Expenses | $121.5m | $125.3m | $132.2m | $126.9m | $127.1m | $130.0m | $126.3m | $140.4m | $144.5m | $148.0m | — | |
| Operating Lease, Expense | — | — | — | — | $746k | $746k | $2.2m | $2.2m | $2.2m | $2.2m | — | |
| Operating Lease, Lease Income | — | — | — | $217.3m | $191.4m | $198.1m | $197.2m | $216.5m | $217.7m | $204.2m | — | |
| Real Estate Tax Expense | — | — | $23.8m | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($92.3m) | ($92.4m) | ($200.0m) | ($254.3m) | ($252.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($279.3m) | $321.8m | ($13.2m) | ($20.8m) | $193.2m | |
| Change In Account Payable | — | — | — | — | — | — | $3.1m | $3.3m | ($13.7m) | ($1.4m) | ($24.4m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($269.0m) | $338.5m | ($159.1m) | ($201.6m) | — | |
| Change In Payable | — | — | — | — | — | — | $3.2m | $3.2m | ($13.6m) | ($2.1m) | ($24.4m) | |
| Changes In Cash | — | — | — | — | — | — | ($269.0m) | $338.5m | ($159.1m) | ($201.6m) | ($32.0m) | |
| End Cash Position | — | — | — | — | — | — | $214.5m | $553.0m | $393.8m | $192.2m | $358.3m | |
| Financing Cash Flow | — | — | — | — | — | — | ($92.3m) |
($92.4m)
-0.12%
|
($200.0m)
-116.42%
|
($254.3m)
-27.12%
|
($252.3m)
+0.77%
|
|
| Free Cash Flow | — | — | — | — | — | — | $102.5m | $109.1m | $54.1m | $73.4m | $27.2m | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($72.3m) | — | ($54.0m) | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($279.3m) | $321.8m | ($13.2m) | ($20.8m) | $193.2m | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($14.4m) | $63.1m | ($19.8m) | ($20.8m) | $193.2m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($264.9m) | $258.7m | $6.6m | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | ($72.3m) | — | ($54.0m) | — | — | — | |
| Other Non Cash Items | — | — | — | — | — | — | $5.0m | $9.0m | $20.1m | $12.2m | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($364.2m) | ($11.3m) | $0 | $0 | $0 | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($14.4m) | ($4.7m) | ($19.8m) | ($20.8m) | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $99.4m | $269.9m | $6.6m | $0 | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | — | $0 | $67.8m | $0 | $0 | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $450k | $450k | $450k | $394k | $656k | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | ($3.5m) | $0 | $0 | — | — | — |