← LINDBLAD EXPEDITIONS HOLDINGS, 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 | $4.9m |
($8.7m)
-278.06%
|
$11.4m
+231.07%
|
$16.4m
+44.05%
|
($98.7m)
-703.79%
|
($119.2m)
-20.73%
|
($111.4m)
+6.56%
|
($45.6m)
+59.05%
|
($31.2m)
+31.64%
|
($29.7m)
+4.68%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | $13.7m |
($100.4m)
-833.21%
|
($124.7m)
-24.12%
|
($116.1m)
+6.91%
|
($50.0m)
+56.93%
|
($35.8m)
+28.34%
|
($34.6m)
+3.27%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $5.1m | ($7.5m) | $11.6m | $18.7m | ($100.1m) | ($119.2m) | ($108.2m) | ($40.9m) | ($28.2m) | ($24.2m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $195k | $1.1m | $200k | $2.4m | ($1.4m) | $38k | $3.2m | $4.7m | $3.0m | $5.5m | — | |
| Depreciation, Depletion and Amortization | $17.1m | $15.8m | $19.0m | $25.8m | $32.1m | $39.5m | $44.0m | $46.7m | $52.6m | $62.8m | $71.3m | |
| Amortization of Debt Issuance Costs | — | — | — | $1.9m | $2.1m | $3.1m | $2.7m | $3.4m | $3.7m | $3.3m | — | |
| Amortization of Debt Issuance Costs and Discounts | $1.1m | $2.2m | $1.9m | $1.9m | $2.1m | $3.2m | $2.7m | $3.4m | $3.7m | $3.3m | — | |
| Amortization of Intangible Assets | $1.3m | $1.6m | $1.6m | $1.6m | $1.6m | $1.9m | $2.0m | $1.8m | $2.1m | $2.6m | — | |
| Depreciation | $18.4m | $17.4m | $20.8m | $24.2m | $30.5m | $37.6m | $41.0m | $44.9m | $50.5m | $60.2m | $68.7m | |
| Deferred Income Tax Expense (Benefit) | ($3.3m) | $8.3m | ($139k) | $1.5m | ($9.8m) | ($2.1m) | $5.4m | $2.7m | $1.8m | ($1.3m) | ($1.5m) | |
| Deferred Other Tax Expense (Benefit) | — | $1.8m | — | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $5.4m | $10.6m | $4.4m | $3.6m | $2.4m | $5.6m | $7.0m | $13.9m | $9.8m | $13.5m | $8.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $5.0m | $4.5m | $1.8m | $405k | $2.2m | $1.1m | $1.1m | $3.0m | $1.5m | — | |
| Share-based Payment Arrangement, Expense | $5.4m | — | — | — | — | — | — | — | — | — | $8.0m | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | — | — | — | — | $7.1m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Nonoperating Income (Expense) | ($12.1m) | ($8.3m) | ($13.2m) | ($12.3m) | ($21.5m) | ($10.4m) | ($39.0m) | ($48.3m) | ($46.6m) | ($67.2m) | — | |
| Other Nonoperating Income (Expense) | ($1.2m) | ($133k) | ($165k) | ($66k) | ($83k) | $15.5m | ($307k) | ($4.1m) | $159k | $409k | — | |
| Net Cash Provided by (Used in) Operating Activities | $31.4m |
$52.9m
+68.38%
|
$56.4m
+6.50%
|
$62.6m
+11.05%
|
($92.3m)
-247.42%
|
$32.5m
+135.22%
|
($2.2m)
-106.78%
|
$25.4m
+1254.83%
|
$92.4m
+263.02%
|
$111.6m
+20.82%
|
$142.5m
+27.69%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $75.9m | $80.5m | $54.3m | $96.0m | $155.5m | $96.7m | $38.2m | $30.0m | $33.5m | $47.7m | ($33.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | ($129k) | — | $0 | $0 | $0 | — | — | — | $852k | |
| Payments to Acquire Investments | — | — | — | — | — | — | $15.0m | — | — | — | ($15.0m) | |
| Restricted Cash and Investments, Current | $9.0m | $7.1m | $8.8m | $7.7m | $17.0m | $21.9m | $28.8m | $30.5m | $32.2m | $33.0m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $9.9m | — | — | — | — | $18.0m | $0 | $0 | $10.6m | $19.5m | ($3.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($86.4m) | ($78.5m) | ($54.3m) | ($100.1m) | ($155.5m) | ($114.7m) | ($49.6m) | ($14.8m) | ($44.1m) | ($67.3m) | ($37.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | — | ($23.5m) | — | |
| Repayments of Long-term Debt | $1.8m | $1.8m | $171.6m | $2.0m | $2.8m | $6.0m | $352.9m | $205.7m | $49k | $635.0m | ($635.0m) | |
| Proceeds from Issuance of Long-term Debt | — | — | $200.0m | $30.5m | $268.3m | $61.7m | $360.0m | $275.0m | $0 | $675.0m | $675.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($16.4m) |
($13.4m)
+18.09%
|
$16.5m
+223.35%
|
$24.6m
+48.96%
|
$343.0m
+1293.77%
|
$50.4m
-85.30%
|
($4.9m)
-109.66%
|
$60.7m
+1345.72%
|
($19.8m)
-132.57%
|
$29.6m
+249.58%
|
$12.5m
-57.76%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($70.9m) | ($40.9m) | $18.7m | ($12.9m) | $95.3m | ($31.8m) | ($56.7m) | $71.3m | $28.8m | $73.6m | $364.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $10.5m | $13.4m | $14.3m | $16.3m | $18.3m | $25.8m | $43.7m | $49.4m | $50.8m | — | |
| Income Taxes Paid, Net | — | — | $522k | $1.2m | $700k | $98k | $309k | $711k | $319k | $3.2m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($720k) | $1.1m | ($2.2m) | $94k | ($4.8m) | ($1.3m) | ($1.2m) | $751k | ($1.1m) | $1.1m | — | |
| Gain (Loss) on Disposition of Assets | ($83k) | $454k | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $51.9m | $60.5m | $62.9m | $62.7m | $45.5m | $65.4m | $96.3m | $118.4m | $139.9m | $130.0m | — | |
| Goodwill | $22.1m | $22.1m | $22.1m | $22.1m | $22.1m | $42.0m | $42.0m | $42.0m | $59.0m | $60.6m | $7.1m | |
| Income Tax Expense (Benefit) | ($3.2m) | $10.0m | $616k | $2.2m | ($9.8m) | ($2.0m) | $6.1m | $3.1m | $3.1m | $2.5m | — | |
| Operating Expenses | $109.4m | $120.2m | $130.7m | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $1.7m | $1.8m | $2.0m | $2.3m | $2.7m | $2.6m | $3.1m | — | |
| Payments of Financing Costs | — | — | $6.5m | $2.4m | $7.0m | $3.1m | $10.9m | $7.5m | $21k | $13.2m | — | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | — | — | — | $4.3m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | $0 | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $309.7m | $343.1m | — | $147.1m | $421.5m | $569.5m | $644.7m | $771.0m | — |