← LIFETIME BRANDS, 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), Including Portion Attributable to Noncontrolling Interest | $15.7m | $2.2m | ($1.7m) | ($44.4m) | ($3.0m) | $20.8m | ($6.2m) | ($8.4m) | ($15.2m) | ($26.9m) | — | |
| Depreciation and amortization | $14.1m | $14.2m | $23.3m | $25.1m | $24.7m | $22.5m | $19.5m | $19.6m | $22.3m | $21.8m | $21.4m | |
| Amortization of Debt Issuance Costs | $650k | $519k | $1.5m | $1.7m | $1.8m | $1.7m | $1.8m | $2.0m | $2.9m | $2.8m | — | |
| Amortization of Intangible Assets | $6.2m | $6.8m | $15.3m | $16.8m | $17.0m | $16.2m | $14.5m | $14.8m | $15.6m | $17.4m | — | |
| Depreciation | $8.0m | $6.6m | $8.0m | $8.0m | $7.4m | $6.0m | $5.0m | $4.7m | $6.7m | $4.4m | $21.4m | |
| Deferred Income Tax Expense (Benefit) | ($2.0m) | $1.0m | $2.1m | ($1.1m) | ($1.9m) | $1.8m | ($3.8m) | ($2.1m) | ($2.0m) | ($4.0m) | ($4.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $2.9m | $3.4m | $4.1m | $5.0m | $6.0m | $5.2m | $3.8m | $3.7m | $3.9m | $3.3m | $3.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $644k | $561k | $399k | $658k | $3.2m | $1.1m | $537k | $1.1m | $416k | — | |
| Share-based Payment Arrangement, Expense | — | — | — | $5.0m | $6.0m | $5.2m | $3.8m | $3.7m | $3.9m | $3.3m | $3.2m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | $200k | — | — | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $20.1m | $14.8m | $0 | $0 | — | — | — | |
| Goodwill, Impairment Loss | — | — | $2.2m | $43.0m | $19.1m | — | — | — | — | $33.2m | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $1.0m | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $748k | $407k | $660k | $467k | $1.3m | $962k | ($9.5m) | ($12.7m) | ($2.1m) | $0 | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $544k | $379k | $545k | $343k | $1.3m | $807k | ($9.5m) | ($12.7m) | ($2.1m) | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $18.0m | ($1.5m) | ($8.0m) | $2.3m | $43.8m | $5.5m | ($33.9m) | $15.0m | $3.2m | $4.9m | ($26.3m) | |
| Increase (Decrease) in Inventories | ($4.5m) | ($10.8m) | $13.8m | $7.5m | $29.0m | $67.5m | ($47.4m) | ($35.4m) | $14.6m | ($11.2m) | $20.1m | |
| Net Cash Provided by (Used in) Operating Activities | $29.7m |
$17.0m
-42.84%
|
$19.2m
+12.75%
|
$29.9m
+55.79%
|
$44.8m
+50.02%
|
$37.0m
-17.46%
|
$24.3m
-34.25%
|
$56.4m
+132.04%
|
$18.6m
-67.09%
|
$7.6m
-59.03%
|
$27.6m
+262.24%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.4m | $6.3m | $7.9m | $9.2m | $2.1m | $4.0m | $3.0m | $2.8m | $2.2m | $4.4m | ($6.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | — | $94k | ($591k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $9.1m | $216.5m | $0 | $0 | $178k | — | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($24.4m) | ($15.4m) | ($224.2m) | ($9.2m) | ($2.1m) | ($1.1m) | ($20.9m) | ($2.8m) | ($2.2m) | ($4.3m) | ($6.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | — | $0 | $0 | ($14.2m) | $0 | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | — | — | $0 | $0 | ($14.2m) | $0 | — | |
| Gain (Loss) on Extinguishment of Debt | ($272k) | ($110k) | ($66k) | $0 | $0 | — | — | — | — | $0 | — | |
| Payments for Repurchase of Common Stock | $86k | — | — | — | $0 | $0 | $6.3m | $2.5m | $0 | $0 | — | |
| Dividends paid | $2.4m | $2.5m | $3.3m | $3.6m | $3.7m | $3.8m | $3.8m | $3.7m | $3.8m | $3.8m | ($3.8m) | |
| Net Cash Provided by (Used in) Financing Activities | ($4.2m) |
($2.3m)
+44.85%
|
$205.3m
+9037.22%
|
($16.9m)
-108.24%
|
($18.2m)
-7.80%
|
($44.0m)
-141.43%
|
($7.6m)
+82.70%
|
($61.1m)
-701.65%
|
($29.5m)
+51.70%
|
($2.2m)
+92.50%
|
($27.4m)
-1139.95%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $752k | ($283k) | $47k | $3.7m | $24.6m | ($8.0m) | ($4.4m) | ($7.4m) | ($13.3m) | $1.3m | $5.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $7.6m | $11.4m | $36.0m | $28.0m | $23.6m | $16.2m | $2.9m | $4.3m | $5.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($384k) | $376k | ($236k) | ($64k) | $98k | $161k | ($155k) | $23k | ($112k) | $203k | ($23k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $16.3m | $18.9m | $15.5m | $13.7m | $15.4m | $18.6m | $20.0m | $17.7m | — | |
| Income Taxes Paid, Net | — | — | — | $2.1m | $5.2m | $19.0m | $9.8m | $8.1m | $6.0m | $3.2m | — | |
| Additional Financial Items | ||||||||||||
| Environmental Remediation Expense | — | — | — | — | — | — | $5.1m | $0 | $0 | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | $4.2m | ($3.0m) | $0 | $100k | $500k | ($1.3m) | ($1.5m) | ($100k) | ($600k) | $700k | — | |
| Gain (Loss) on Disposition of Assets | ($84k) | — | — | — | — | — | — | $0 | $0 | ($94k) | — | |
| Goodwill | $14.2m | $15.8m | $91.7m | $49.4m | $30.3m | $30.3m | $33.2m | $33.2m | $33.2m | $0 | $0 | |
| Income Tax Expense (Benefit) | $7.0m | $9.0m | $2.9m | $1.1m | $9.9m | $16.5m | $5.7m | $6.2m | $3.3m | ($3.3m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $20.0m | — | |
| Payments of Financing Costs | $30k | $31k | $11.2m | $0 | $0 | — | $1.0m | $9.5m | $0 | $0 | — | |
| Proceeds from Stock Options Exercised | $2.4m | $2.5m | $286k | $132k | $27k | $877k | $233k | $0 | $0 | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $704.5m | — | — | — | — | — | — | — | — | |
| Stock or Unit Option Plan Expense | $1.4m | $1.1m | $700k | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | ($2.1m) | $1.1m | $2.0m | ($499k) | ($466k) | ($754k) | — |