← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $500.1m |
$468.8m
-6.27%
|
$489.2m
+4.36%
|
$443.6m
-9.32%
|
$366.9m
-17.28%
|
$478.9m
+30.52%
|
$544.3m
+13.65%
|
$393.7m
-27.67%
|
$412.8m
+4.84%
|
$441.1m
+6.86%
|
$458.4m
+3.93%
|
|
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | — | — | — | — | $753k | — | |
| Cost of Revenue | $386.4m |
$360.1m
-6.80%
|
$391.0m
+8.57%
|
$373.6m
-4.43%
|
$313.9m
-16.00%
|
$382.2m
+21.77%
|
$471.6m
+23.39%
|
$322.7m
-31.56%
|
$325.5m
+0.86%
|
$343.1m
+5.41%
|
$352.2m
+2.64%
|
|
| Gross Profit | $113.7m |
$108.7m
-4.44%
|
$98.2m
-9.60%
|
$69.9m
-28.79%
|
$53.1m
-24.14%
|
$96.7m
+82.33%
|
$72.7m
-24.86%
|
$70.9m
-2.38%
|
$87.2m
+22.97%
|
$97.9m
+12.26%
|
$106.3m
+8.48%
|
|
| Research and Development Expense | $4.2m | $3.7m | $3.9m | $4.4m | $4.0m | $1.9m | $2.9m | $2.1m | $2.1m | $2.1m | — | |
| Selling, General and Administrative Expense | $77.9m | $72.6m | $71.9m | $81.3m | $72.4m | $68.0m | $66.7m | $62.8m | $70.4m | $66.7m | $69.8m | |
| Operating Lease, Expense | — | — | — | — | — | — | $3.2m | $3.2m | — | — | — | |
| Restructuring and Related Cost, Incurred Cost | — | — | — | — | $1.4m | $1.4m | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | $37.5m | $3.5m | $730k | — | $3.0m | — | — | |
| Operating Income (Loss) | $38.1m |
$37.3m
-2.11%
|
$24.5m
-34.24%
|
($43.2m)
-276.10%
|
($34.4m)
+20.30%
|
$31.2m
+190.71%
|
$6.6m
-78.79%
|
$10.5m
+59.32%
|
$17.1m
+62.02%
|
$26.6m
+55.83%
|
$36.5m
+37.06%
|
|
| Interest Expense | $69k | — | — | — | — | — | $835k | $1.3m | $1.6m | $70k | $0 | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | — | $421k | — | |
| Other Nonoperating Income (Expense) | — | — | — | $546k | $638k | $267k | ($714k) | ($1.3m) | ($1.5m) | $351k | — | |
| Interest and Other Income | ($72k) | $322k | $621k | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | ($32.4m) | $33.4m | $2.2m | $6.7m | $15.3m | $24.0m | $41.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | $5.9m | $9.2m | $15.6m | $27.0m | $41.6m | |
| Income Tax Expense (Benefit) | $13.7m | $13.8m | $7.5m | ($10.0m) | ($6.9m) | $8.4m | $4.0m | ($5.6m) | $5.0m | $6.8m | $10.5m | |
| 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%
|
$31.1m
+54.40%
|
|
| Earnings Per Share, Basic | $3.19 | $3.06 | $2.25 | ($4.13) | ($3.37) | $3.20 | $0.29 | $2.83 | $2.04 | $3.84 | $5.87 | |
| Earnings Per Share, Diluted | $3.12 | $3.02 | $2.23 | ($4.13) | ($3.37) | $3.09 | $0.28 | $2.74 | $1.91 | $3.55 | $5.48 | |
| Common Stock, Dividends, Per Share, Declared | $0.72 | $0.80 | $0.88 | $0.88 | $0.71 | $0.45 | $0.60 | $0.60 | $0.60 | $0.71 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 7.6m | 7.8m | 7.8m | 7.9m | 8.0m | 7.2m | 6.3m | 5.2m | 5.2m | 5.2m | 5.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 7.8m | 7.9m | 7.9m | 7.9m | 8.0m | 7.5m | 6.5m | 5.4m | 5.5m | 5.7m | 5.7m | |
| Additional Financial Items | ||||||||||||
| Environmental Remediation Expense | — | — | $3.6m | — | — | — | — | — | — | — | — | |
| Other General Expense | — | — | — | — | — | — | — | $347k | — | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | $4.6m | $3.7m | $1.0m | $3.2m | $4.6m | $3.9m | — |