← FLEXSTEEL 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 | $24.2m |
$23.8m
-1.86%
|
$17.7m
-25.73%
|
($32.6m)
-284.56%
|
($26.8m)
+17.67%
|
$23.0m
+185.86%
|
$1.9m
-91.96%
|
$14.8m
+697.52%
|
$10.5m
-28.76%
|
$20.2m
+91.43%
|
— | |
| Depreciation | $7.6m | $7.9m | $7.4m | $7.4m | $8.4m | $5.2m | $5.2m | $4.6m | $4.0m | $3.7m | $3.6m | |
| Deferred Income Tax Expense (Benefit) | $2.7m | $1.6m | $286k | ($6.1m) | $5.5m | $2.1m | — | ($7.2m) | ($1.5m) | ($3.8m) | $3.0m | |
| Deferred Other Tax Expense (Benefit) | $2.7m | $1.6m | $286k | ($6.1m) | $5.5m | $2.1m | — | ($7.2m) | ($1.5m) | ($3.8m) | — | |
| Share-based Payment Arrangement, Noncash Expense | $1.5m | $1.6m | $501k | $1.4m | $4.9m | $3.7m | $1.0m | $3.2m | $4.6m | $3.9m | $4.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $552k | $210k | $558k | $1.4m | $628k | $951k | $1.7m | $2.8m | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | $4.6m | $3.7m | $1.0m | $3.2m | $4.6m | $3.9m | $4.3m | |
| Operating Lease, Impairment Loss | — | — | — | — | $2.9m | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | $546k | $638k | $267k | $714k | $1.3m | $1.5m | $351k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($584k) | ($2.4m) | ($1.2m) | ($3.1m) | ($4.4m) | $25.2m | ($15.1m) | ($3.3m) | $5.9m | ($9.3m) | ($3.1m) | |
| Increase (Decrease) in Inventories | ($27.9m) | $13.5m | ($3.2m) | ($2.5m) | ($23.1m) | $90.6m | ($19.9m) | ($19.1m) | ($25.5m) | ($7.4m) | $6.6m | |
| Net Cash Provided by (Used in) Operating Activities | $54.4m |
$26.4m
-51.46%
|
$27.3m
+3.43%
|
$6.7m
-75.40%
|
$18.3m
+172.37%
|
($32.7m)
-278.77%
|
$8.0m
+124.45%
|
$23.0m
+187.61%
|
$31.9m
+38.69%
|
$37.0m
+15.98%
|
$42.8m
+15.80%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $7.4m | $13.5m | $29.4m | $21.3m | $3.7m | $2.6m | $3.9m | $4.8m | $4.8m | $3.3m | ($4.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | $1.8m | ($71k) | ($19.0m) | ($5.9m) | ($1.8m) | ($313k) | ($2.8m) | $11.5m | ($3.6m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $34k | $512k | $1.8m | $71k | $19.2m | $5.9m | $1.4m | ($313k) | $3.3m | $11.5m | ($3.6m) | |
| Payments to Acquire Investments | $3.1m | $30.5m | $42.2m | $13.0m | $1.7m | $47k | — | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($4.7m) | ($29.7m) | ($21.4m) | ($5.2m) | $16.8m | $16.1m | ($1.9m) | ($4.5m) | ($593k) | $9.4m | ($95k) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Common Stock | $1.6m | $1.1m | $233k | $81k | $21k | $94k | $117k | — | $88k | $141k | $70k | |
| Dividends paid | $5.5m | $6.1m | $6.7m | $6.9m | $7.0m | $2.6m | $3.9m | $3.2m | $3.2m | $3.6m | ($4.2m) | |
| Dividends Payable, Current | $1.4m | $1.6m | $1.7m | $1.8m | $567k | $1.2m | $972k | $988k | $973k | $1.3m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($14.2m) |
($4.6m)
+67.40%
|
($7.1m)
-52.86%
|
($7.0m)
+0.25%
|
($9.1m)
-29.45%
|
($30.2m)
-231.34%
|
($5.2m)
+82.68%
|
($17.4m)
-231.58%
|
($29.9m)
-72.22%
|
($11.2m)
+62.65%
|
($8.1m)
+27.66%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $2.2m | $3.4m | $4.8m | $40.0m | $57.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | $82k | $10k | $743k | $1.1m | $1.7m | $107k | — | |
| Income Taxes Paid, Net | $10.1m | $9.8m | $8.5m | $1.2m | ($4.3m) | ($5.6m) | ($823k) | $4.1m | $4.3m | $9.4m | — | |
| Additional Financial Items | ||||||||||||
| Environmental Remediation Expense | — | — | $3.6m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | $19.0m | $5.9m | $1.8m | $313k | $2.8m | $9.4m | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | — | $8.7m | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | — | — | — | — | $753k | — | |
| Income Tax Expense (Benefit) | $13.7m | $13.8m | $7.5m | ($10.0m) | ($6.9m) | $8.4m | $4.0m | ($5.6m) | $5.0m | $6.8m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | — | $421k | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $3.2m | $3.2m | — | — | — | |
| Pension Cost (Reversal of Cost) | $100k | $200k | $200k | $0 | — | — | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | $37.5m | $3.5m | $730k | — | $3.0m | — | — |