← Clearfield, 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 | $8.0m |
$3.8m
-51.98%
|
$4.3m
+11.09%
|
$4.6m
+6.82%
|
$7.3m
+59.72%
|
$20.3m
+178.72%
|
$49.4m
+142.84%
|
$32.5m
-34.09%
|
($12.5m)
-138.28%
|
($8.1m)
+35.36%
|
— | |
| Depreciation, Depletion and Amortization | $1.4m | $1.6m | $2.0m | $2.2m | $2.4m | $2.3m | $3.4m | $6.1m | $7.4m | $6.1m | $6.1m | |
| Amortization of Intangible Assets | — | — | $299k | $473k | $478k | $602k | $766k | $1.1m | $1.6m | $219k | — | |
| Depreciation | $1.4m | $1.6m | $1.7m | $1.7m | $1.9m | $1.7m | $2.6m | $4.9m | $5.8m | $3.9m | $5.8m | |
| Deferred Income Tax Expense (Benefit) | $2.3m | $32k | ($339k) | ($3k) | ($280k) | ($187k) | ($334k) | ($1.9m) | ($4.1m) | $2.3m | ($3.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $1.4m | $2.3m | $2.0m | $1.7m | $774k | $1.3m | $2.3m | $3.6m | $4.6m | $4.6m | $4.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $438k | $953k | $489k | $553k | $176k | $462k | $1.4m | $1.2m | $493k | $494k | — | |
| Share-based Payment Arrangement, Expense | $1.4m | $2.3m | $2.0m | $1.7m | $774k | $1.3m | $2.3m | $3.6m | $4.6m | $4.6m | $4.8m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $2.0m | ($762k) | $5.6m | ($3.5m) | $1.4m | $9.2m | $24.2m | ($26.3m) | ($7.8m) | $3.5m | ($5.1m) | |
| Increase (Decrease) in Inventories | $1.2m | $80k | ($1.2m) | ($1.0m) | $5.4m | $13.1m | $43.7m | $15.1m | ($32.0m) | ($13.6m) | $7.2m | |
| Net Cash Provided by (Used in) Operating Activities | $11.6m |
$6.3m
-45.48%
|
$4.5m
-27.79%
|
$14.7m
+223.97%
|
$6.7m
-54.82%
|
$10.9m
+63.81%
|
$1.0m
-90.82%
|
$20.0m
+1899.00%
|
$22.2m
+11.06%
|
$2.9m
-86.96%
|
$11.5m
+296.10%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.6m | $2.0m | $1.1m | $2.5m | $1.8m | $2.0m | $8.5m | $7.7m | $9.6m | $4.7m | ($4.1m) | |
| Payments to Acquire Investments | $8.1m | $17.6m | $7.3m | $20.3m | $34.1m | $24.8m | $248k | $210.9m | $159.4m | $119.1m | ($110.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $16.2m | $0 | $0 | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($1.6m) | ($11.5m) | ($12.6m) | ($13.0m) | ($41k) | ($13.6m) | ($8.2m) | ($112.2m) | ($6.9m) | ($1.8m) | ($15.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | $2.2m | $0 | $0 | |
| Payments for Repurchase of Common Stock | $334k | $3.6m | $1.8m | — | $429k | $0 | $0 | $0 | $33.4m | $16.7m | — | |
| Proceeds from Issuance of Common Stock | $254k | $335k | $298k | $314k | $349k | $384k | $544k | $130.3m | $0 | $0 | $513k | |
| Net Cash Provided by (Used in) Financing Activities | $32k |
($4.2m)
-13351.40%
|
($1.9m)
+54.49%
|
($237k)
+87.72%
|
($247k)
-4.25%
|
($536k)
-117.42%
|
$10.7m
+2086.26%
|
$113.4m
+964.44%
|
($36.9m)
-132.54%
|
$3.0m
+108.13%
|
($14.7m)
-589.53%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $6.4m | ($3.2m) | $3.4m | $21.2m | ($21.7m) | $6.3m | $20.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | $0 | $0 | $119k | $463k | $394k | $0 | — | |
| Income Taxes Paid, Net | $1.1m | $1.5m | $720k | $1.7m | $1.4m | $5.5m | $13.7m | $13.0m | $159k | $1.7m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | — | — | $1.2m | $3.9m | ($3.9m) | — | |
| Gain (Loss) on Disposition of Assets | ($12k) | ($35k) | $18k | — | ($6k) | $0 | ($13k) | $3k | $10k | $284k | — | |
| Goodwill | $2.6m | $2.6m | $4.7m | $4.7m | $4.7m | $4.7m | $6.4m | $6.5m | $6.6m | $4.7m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $1.2m | $3.9m | $6.3m | — | |
| Income Tax Expense (Benefit) | $2.9m | $1.7m | $1.3m | $1.4m | $1.9m | $5.4m | $14.5m | $9.1m | ($3.8m) | $2.4m | — | |
| Investment Income, Interest | $157k | $274k | $457k | $738k | $771k | $500k | $328k | $5.2m | $7.5m | $6.5m | — | |
| Operating Lease, Expense | — | — | — | — | $1.1m | $1.2m | $2.8m | $4.3m | $4.6m | $3.7m | — | |
| Proceeds from Stock Options Exercised | $549k | $29k | $24k | $3k | $10k | — | — | — | — | — | — |