← HOOKER FURNISHINGS Corp
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $25.3m |
$28.2m
+11.72%
|
$39.9m
+41.14%
|
$17.1m
-57.16%
|
($10.4m)
-161.03%
|
$11.7m
+212.39%
|
($4.3m)
-136.80%
|
$9.9m
+328.78%
|
($12.5m)
-226.78%
|
($27.0m)
-115.62%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $25.2m |
$28.2m
+11.78%
|
$39.8m
+41.16%
|
$17.0m
-57.29%
|
($10.5m)
-161.55%
|
$11.6m
+210.98%
|
($4.4m)
-138.02%
|
$9.6m
+316.44%
|
($12.7m)
-232.54%
|
($12.9m)
-1.81%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | ($27.1m) | — | |
| Depreciation, Depletion and Amortization | $8.0m | $6.6m | $7.4m | $7.1m | $6.8m | $7.8m | $8.8m | $9.0m | $9.2m | $7.1m | $7.1m | |
| Amortization of Intangible Assets | $3.1m | $2.1m | $2.4m | $2.4m | $2.4m | $2.4m | $3.5m | $3.7m | $3.7m | $2.5m | — | |
| Capitalized Computer Software, Amortization | $973k | $1.2m | $1.2m | $1.1m | $1.1m | $1.1m | $875k | $400k | $51k | $21k | — | |
| Depreciation | $8.0m | $6.6m | $5.0m | $4.7m | $4.4m | $5.4m | $5.3m | $4.9m | $4.4m | $2.7m | $7.1m | |
| Deferred Income Tax Expense (Benefit) | ($2.1m) | $4.0m | ($1.2m) | $1.9m | ($11.3m) | $2.3m | ($3.2m) | $2.5m | ($4.0m) | ($4.3m) | ($7.6m) | |
| Share-based Payment Arrangement, Noncash Expense | $1.2m | $1.2m | $1.3m | $1.3m | $1.7m | ($28k) | $1.2m | $1.7m | $950k | $887k | $685k | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $44.3m | $0 | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $39.6m | $0 | $0 | — | — | $15.6m | $15.6m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $4.8m | $0 | $13k | $0 | $2.8m | $15.6m | — | |
| Other Nonoperating Income (Expense) | $930k | $1.5m | $369k | $458k | $336k | $373k | $416k | $1.7m | $2.9m | $196k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $21.5m | ($4.2m) | $18.0m | ($25.3m) | $323k | ($9.5m) | ($16.8m) | ($11.6m) | $10.2m | ($8.1m) | $1.6m | |
| Increase (Decrease) in Inventories | ($6.0m) | $6.8m | $21.3m | ($12.4m) | ($22.7m) | $4.9m | $47.8m | ($34.8m) | $9.6m | ($17.5m) | $15.9m | |
| Inventory Write-down | — | — | — | — | — | — | $28.8m | $1.8m | $622k | — | — | |
| Increase (Decrease) in Accounts Payable | $4.7m | ($4.6m) | $8.1m | ($15.3m) | $6.7m | ($1.3m) | ($15.8m) | $190k | $3.4m | ($5.8m) | ($6.1m) | |
| Net Cash Provided by (Used in) Operating Activities | $31.2m |
$27.7m
-11.18%
|
$9.7m
-65.18%
|
$41.4m
+328.78%
|
$68.3m
+64.77%
|
$19.2m
-71.86%
|
($21.7m)
-213.06%
|
$55.5m
+355.41%
|
($23.0m)
-141.49%
|
$18.3m
+179.52%
|
$13.5m
-26.26%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.5m | $3.2m | $5.2m | $5.1m | $1.2m | $6.7m | $4.2m | $6.8m | $3.2m | $3.2m | ($2.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $86.1m | $32.8m | $0 | $0 | — | — | $25.3m | $2.4m | $0 | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($88.1m) | ($36.5m) | ($4.5m) | ($4.3m) | ($476k) | ($6.9m) | ($30.0m) | ($8.6m) | ($2.7m) | $2.0m | $2.8m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $12.3m | $6.3m | $17.9m | $5.4m | $30.1m | $0 | $700k | $1.4m | $22.9m | $123.1m | ($129.8m) | |
| Proceeds from Issuance of Long-term Debt | $60.0m | $12.0m | $0 | $0 | — | — | $25.0m | $0 | — | — | $104.6m | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $13.3m | $11.7m | $0 | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $4.9m | $5.8m | $6.7m | $7.2m | $7.8m | $8.8m | $9.6m | $9.7m | $9.9m | $8.8m | ($7.5m) | |
| Net Cash Provided by (Used in) Financing Activities | $42.7m |
($140k)
-100.33%
|
($24.6m)
-17493.57%
|
($12.6m)
+48.93%
|
($38.0m)
-201.91%
|
($8.8m)
+76.77%
|
$1.3m
+114.95%
|
($22.8m)
-1825.25%
|
($11.1m)
+51.01%
|
($27.4m)
-145.71%
|
($30.3m)
-10.75%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $69.4m | $19.0m | $43.2m | $6.3m | $1.1m | $10.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $848k | $1.1m | $1.3m | $993k | $444k | $0 | $642k | $1.4m | $1.3m | $691k | — | |
| Income Taxes Paid, Net | $12.2m | $14.1m | $13.6m | $6.8m | $5.9m | $5.9m | $101k | $23k | ($2.3m) | ($445k) | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | ($520k) | $0 | $0 | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | $72k | ($571k) | $73k | $271k | $0 | $18k | ($94k) | ($35k) | $0 | ($27k) | — | |
| Goodwill | $23.2m | $40.1m | $40.1m | $40.1m | $490k | $490k | $15.0m | $15.0m | $15.0m | $575k | $15.6m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | — | ($12.8m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | ($2.5m) | ($6.3m) | ($14.2m) | — | |
| Income Tax Expense (Benefit) | $13.9m | $17.5m | $11.7m | $4.8m | ($4.1m) | $3.4m | ($1.8m) | $2.6m | ($3.9m) | ($4.3m) | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $4.9m | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | $620.6m | $683.5m | $610.8m | $540.1m | $593.6m | $583.1m | $433.2m | $397.5m | $278.1m | — |