← BASSETT FURNITURE INDUSTRIES 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 | $15.8m |
$18.3m
+15.33%
|
$8.2m
-54.98%
|
($1.9m)
-123.46%
|
($10.4m)
-440.51%
|
$18.0m
+273.13%
|
$65.3m
+262.18%
|
($3.2m)
-104.85%
|
($9.7m)
-205.74%
|
$6.1m
+162.92%
|
— | |
| Depreciation, Depletion and Amortization | $12.2m | $13.3m | $13.2m | $13.5m | $13.5m | $14.6m | $11.3m | $10.1m | $9.9m | $8.8m | $8.8m | |
| Amortization of Intangible Assets | $322k | $322k | $374k | $379k | $379k | $379k | — | $57k | $57k | $58k | — | |
| Depreciation | $12k | $13.6m | $13.7m | $14.2m | $13.1m | $14.2m | $10.0m | $10.1m | $9.9m | $8.7m | $8.8m | |
| Deferred Income Tax Expense (Benefit) | $5.3m | ($302k) | $4.7m | ($2.9m) | $2.5m | $1.5m | ($2.3m) | $831k | ($2.4m) | $912k | ($663k) | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $77k | $641k | $674k | $0 | $228k | $219k | $19k | $109k | $161k | $136k | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $1.9m | $2.0m | $0 | $0 | $5.4m | $0 | $0 | $0 | |
| Restructuring Costs and Asset Impairment Charges | — | $0 | $469k | $4.4m | — | $0 | $0 | $0 | $5.5m | $498k | — | |
| Other Nonoperating Income (Expense) | ($2.1m) | ($2.1m) | ($2.3m) | ($1.7m) | ($750k) | ($1.5m) | ($1.1m) | ($1.9m) | ($744k) | ($994k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($3.2m) | $1.2m | ($1.7m) | $2.6m | $1.5m | $5.7m | ($3.2m) | ($4.1m) | ($555k) | $1.2m | $324k | |
| Increase (Decrease) in Inventories | ($6.7m) | $918k | $6.0m | $2.9m | ($6.5m) | $26.1m | $9.5m | ($17.9m) | ($3.0m) | $9.2m | ($7.6m) | |
| Inventory Write-down | $2.5m | $2.2m | $2.3m | $2.3m | $4.9m | $3.0m | $3.6m | $4.6m | $5.0m | $2.4m | — | |
| Net Cash Provided by (Used in) Operating Activities | $39.1m |
$36.4m
-6.86%
|
$28.7m
-21.12%
|
$9.8m
-65.82%
|
$36.7m
+273.89%
|
$14.6m
-60.29%
|
($3.0m)
-120.39%
|
$18.7m
+730.44%
|
$4.0m
-78.37%
|
$13.5m
+233.11%
|
$8.5m
-37.11%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $21.5m | $15.5m | $18.3m | $17.4m | $6.0m | $10.8m | $21.3m | $17.5m | $5.2m | $4.5m | ($4.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $667k | $4.5m | $2.7m | $1.6m | $2.3m | $382k | $4.6m | $0 | $0 | $0 | $7k | |
| Gain (Loss) on Disposition of Property Plant Equipment | $667k | $1.2m | $234k | ($515k) | $81k | $367k | $4.6m | ($5k) | ($7k) | $0 | $7k | |
| Gain (Loss) on Sale of Investments | — | $4.2m | — | $0 | — | — | — | — | — | — | — | |
| Payments to Acquire Investments | — | — | — | — | $295k | $0 | $0 | — | — | — | ($316k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $655k | $15.6m | $0 | $0 | $0 | $5.6m | $0 | $0 | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $648k | ($216k) | $1.2m | $40k | $1.8m | $972k | $597k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($20.8m) | ($6.1m) | ($30.7m) | ($11.2m) | ($3.7m) | ($11.6m) | $65.8m | ($17.8m) | ($8.8m) | ($2.7m) | ($3.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $6.4m | $83k | $5.9m | $7.3m | $2.2m | $5.6m | $15.1m | $4.2m | $1.4m | $2.1m | — | |
| Proceeds from Issuance of Common Stock | $182k | $168k | $355k | $328k | $285k | $363k | $424k | $318k | $371k | $335k | $343k | |
| Dividends paid | $6.3m | $7.7m | $8.8m | $5.1m | $4.5m | $7.7m | $20.2m | $6.0m | $6.7m | $6.9m | ($6.9m) | |
| Dividends Payable, Current | $3.2m | $3.8m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($19.4m) |
($11.4m)
+40.86%
|
($18.5m)
-61.60%
|
($12.4m)
+32.86%
|
($6.8m)
+45.11%
|
($14.4m)
-111.52%
|
($35.6m)
-146.67%
|
($10.2m)
+71.24%
|
($8.1m)
+20.63%
|
($9.0m)
-11.31%
|
($8.5m)
+6.10%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($13.8m) | $26.1m | ($11.4m) | $27.3m | ($9.2m) | ($12.9m) | $1.7m | $35.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $139k | $88k | $7k | — | — | — | — | — | — | — | |
| Income Taxes Paid, Net | $9.9m | $7.5m | $1.4m | $1.2m | $539k | $3.1m | $20.2m | $263k | $658k | ($379k) | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | $9k | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | — | ($962k) | $0 | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | $0 | $0 | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $1.3m | $37k | $0 | — | — | — | — | |
| Goodwill | $11.6m | $11.9m | $16.0m | $14.1m | $12.1m | $12.1m | $12.8m | $7.2m | $7.2m | $7.2m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $34.9m | ($3.2m) | ($9.7m) | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $25.4m | ($3.2m) | ($9.7m) | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $40.0m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $9.9m | $9.6m | $4.0m | $188k | ($6.4m) | $6.2m | $8.7m | $683k | ($4.7m) | $2.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $52k | — | |
| Investment Income, Interest | — | — | $431k | $568k | $236k | $54k | $302k | $2.5m | $2.7m | $2.0m | — | |
| Proceeds from Stock Options Exercised | $114k | $310k | $27k | $25k | $0 | $42k | $0 | $0 | — | — | — |