← KEY TRONIC CORP
| 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 | $6.5m |
$5.6m
-14.02%
|
($1.3m)
-123.59%
|
($8.0m)
-502.42%
|
$4.8m
+159.61%
|
$4.3m
-8.76%
|
$3.4m
-22.21%
|
$5.2m
+52.71%
|
($2.8m)
-154.04%
|
($8.3m)
-198.46%
|
— | |
| Depreciation, Depletion and Amortization | $6.2m | $7.2m | $7.8m | $7.3m | $5.6m | $6.9m | $7.6m | $9.5m | $11.0m | $9.6m | $8.8m | |
| Amortization of Deferred Charges | — | — | — | — | — | $276k | $301k | $328k | $97k | $0 | — | |
| Amortization of Debt Issuance Costs | — | $17k | $30k | $30k | $30k | $95k | $143k | $154k | $339k | $1.6m | — | |
| Amortization of Intangible Assets | $1.1m | $1.1m | $1.1m | $600k | — | — | — | — | — | — | — | |
| Depreciation | $6.2m | $7.2m | $7.8m | $7.3m | $5.6m | $6.9m | $5k | $4.7m | $5.3m | $5.2m | $8.8m | |
| Deferred Income Tax Expense (Benefit) | ($1.3m) | ($471k) | ($1.6m) | ($1.1m) | ($958k) | ($942k) | $481k | ($2.0m) | ($4.1m) | ($6.6m) | ($8.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $764k | $692k | $447k | $436k | $266k | $192k | $293k | $254k | ($444k) | $218k | $577k | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $122k | $0 | $0 | — | ($43k) | $0 | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $800k | $700k | $400k | $400k | $300k | $200k | $300k | $300k | — | — | $577k | |
| Goodwill and Intangible Asset Impairment | — | — | — | $12.4m | $0 | $0 | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $10.0m | — | — | — | — | — | — | $98k | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $2.5m | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $16.2m | ($4.9m) | ($589k) | $1.4m | $14.7m | $23.1m | ($19.4m) | ($17.4m) | ($32.5m) | ($7.7m) | $10.5m | |
| Inventory Write-down | $757k | $496k | $31k | $91k | $136k | $753k | $950k | $427k | $322k | $98k | — | |
| Increase (Decrease) in Accounts Payable | ($2.6m) | ($5.9m) | $23.3m | ($2.6m) | $6.6m | $12.6m | $28.6m | ($5.5m) | ($36.5m) | ($15.7m) | $573k | |
| Net Cash Provided by (Used in) Operating Activities | $4.6m |
$9.4m
+105.79%
|
$11.5m
+21.56%
|
$919k
-91.98%
|
($31.0m)
-3473.67%
|
($15.1m)
+51.45%
|
($4.9m)
+67.40%
|
($11.3m)
-130.51%
|
$13.8m
+221.79%
|
$18.9m
+37.41%
|
$18.8m
-0.78%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $13.3m | $9.3m | $4.5m | $8.4m | $8.6m | $10.6m | $6.8m | $9.8m | $4.0m | $4.1m | ($4.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $0 | ($101k) | ($20k) | ($3k) | ($207k) | $0 | ($12k) | — | — | — | ($45k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($5.7m) | ($8.5m) | ($3.5m) | ($1.9m) | ($3.6m) | ($10.6m) | ($8.1m) | ($4.5m) | ($2.1m) | ($4.2m) | ($4.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $5.0m | $5.4m | $5.9m | $5.9m | $7.1m | $11.7m | $2.1m | $2.4m | $3.0m | $4.8m | ($172.5m) | |
| Net Cash Provided by (Used in) Financing Activities | $1.7m |
($1.6m)
-192.26%
|
($8.0m)
-401.25%
|
$1.2m
+115.59%
|
$34.5m
+2667.07%
|
$28.6m
-17.26%
|
$11.2m
-60.83%
|
$17.7m
+58.52%
|
($10.5m)
-159.29%
|
($18.1m)
-72.05%
|
($16.0m)
+11.84%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $646k | ($645k) | ($30k) | $258k | ($48k) | $2.9m | ($1.8m) | $1.9m | $1.1m | ($3.4m) | $431k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $2.8m | $2.5m | $3.8m | $5.1m | $802k | $10.3m | $11.1m | — | |
| Income Taxes Paid, Net | $813k | $1.8m | $304k | ($511k) | $683k | $2.0m | $1.3m | $1.4m | $2.4m | $989k | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | $21k | $32k | $42k | — | |
| Goodwill | $10.0m | $10.0m | $10.0m | $0 | — | — | — | — | — | — | $98k | |
| Income Tax Expense (Benefit) | $1.6m | $1.6m | ($117k) | ($758k) | ($439k) | $1.6m | $314k | $1.1m | ($2.4m) | ($3.6m) | — | |
| Insured Event, Gain (Loss) | — | — | — | — | — | — | — | $4.3m | $431k | $0 | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $11.9m | $12.5m | — | |
| Operating Expenses | $28.4m | $28.8m | $33.1m | $40.6m | $28.4m | $32.5m | $34.4m | $31.1m | $33.1m | $35.9m | — | |
| Payments of Financing Costs | $113k | $221k | $21k | $15k | $84k | $617k | $118k | $245k | $807k | $3.0m | — | |
| Proceeds from Stock Options Exercised | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | — | $1.8m | — |