← LINDSAY 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 earnings | $20.3m |
$23.2m
+14.37%
|
$20.3m
-12.52%
|
$2.2m
-89.29%
|
$38.6m
+1678.50%
|
$42.6m
+10.21%
|
$65.5m
+53.78%
|
$72.4m
+10.55%
|
$66.3m
-8.46%
|
$74.1m
+11.76%
|
— | |
| Net Income (Loss) Attributable to Parent | $20.3m |
$23.2m
+14.37%
|
$20.3m
-12.52%
|
$2.2m
-89.29%
|
$38.6m
+1678.50%
|
$42.6m
+10.21%
|
$65.5m
+53.78%
|
$72.4m
+10.55%
|
$66.3m
-8.46%
|
$74.1m
+11.76%
|
— | |
| Depreciation and amortization | $16.9m | $16.7m | $16.5m | $14.0m | $19.4m | $19.2m | $20.2m | $19.3m | $21.2m | $20.9m | $22.2m | |
| Amortization of Intangible Assets | $4.7m | $4.4m | $4.0m | $2.9m | $2.5m | $2.2m | $2.0m | $2.0m | $2.9m | $2.2m | — | |
| Depreciation | $12.2m | $12.2m | $12.5m | $11.1m | $11.6m | $12.7m | $13.5m | $13.9m | $14.8m | $20.9m | $22.2m | |
| Deferred Income Tax Expense (Benefit) | ($5.8m) | ($903k) | ($50k) | ($5.7m) | $1.4m | $1.9m | ($2.1m) | $0 | ($3.9m) | ($1.4m) | $6.5m | |
| Share-based Payment Arrangement, Noncash Expense | $3.1m | $3.6m | $3.9m | $4.2m | $5.6m | $6.2m | $5.5m | $6.5m | $6.4m | — | $7.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $712k | $635k | $833k | $1.1m | $1.1m | $1.3m | $1.2m | $2.5m | $1.6m | — | — | |
| Share-based Payment Arrangement, Expense | $3.1m | $3.6m | $3.9m | $4.4m | $5.8m | $6.5m | $5.7m | $6.7m | $6.5m | — | $7.0m | |
| Share-based compensation expense | $3.1m | $3.6m | $3.9m | $4.2m | $5.6m | $6.2m | $5.5m | $6.5m | $6.4m | $8.1m | $7.0m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | — | $907k | ($1.7m) | ($1.6m) | ($2.6m) | ($53k) | ($3.1m) | ($804k) | $487k | $574k | — | |
| Purchase of equity method investment | — | — | — | — | — | — | — | $0 | $0 | ($5.8m) | — | |
| Nonoperating Income (Expense) | — | — | — | — | ($5.4m) | ($3.7m) | ($6.8m) | ($1.8m) | $2.4m | $6.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $4.7m | ($8.0m) | $3.7m | $8.0m | $9.5m | $11.5m | $47.5m | $4.9m | ($23.5m) | — | $14.3m | |
| Provision for uncollectible accounts receivable | ($843k) | ($574k) | ($2.6m) | ($496k) | $589k | $771k | $903k | $881k | $694k | $1.7m | — | |
| Receivables | ($4.7m) | $8.0m | ($3.7m) | ($8.0m) | ($9.5m) | ($11.5m) | ($47.5m) | ($4.9m) | $23.5m | $3.4m | $14.3m | |
| Increase (Decrease) in Inventories | ($1.3m) | $10.1m | $8.2m | $16.2m | $14.0m | $38.2m | $53.8m | ($41.0m) | $765k | — | $9.1m | |
| Inventories | $1.3m | ($10.1m) | ($8.2m) | ($16.2m) | ($14.0m) | ($38.2m) | ($53.8m) | $41.0m | ($765k) | $19.1m | $9.1m | |
| Increase (Decrease) in Accounts Payable | ($7.1m) | $4.1m | $159k | $2.1m | ($691k) | $18.0m | $13.8m | ($15.3m) | ($6.0m) | $11.1m | $8.9m | |
| Other current assets | ($1.0m) | $4.6m | ($1.1m) | $173k | ($6.6m) | ($8.1m) | $1.2m | $4.7m | ($9.5m) | ($784k) | ($5.4m) | |
| Other current liabilities | ($283k) | ($717k) | $3.7m | $2.6m | $16.7m | $18.4m | $186k | ($9.1m) | ($8.2m) | ($4.4m) | ($17.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $33.1m |
$39.4m
+19.28%
|
$33.9m
-13.98%
|
$3.8m
-88.81%
|
$46.0m
+1112.38%
|
$44.0m
-4.49%
|
$3.0m
-93.07%
|
$119.7m
+3827.40%
|
$95.8m
-20.00%
|
$132.9m
+38.79%
|
$94.7m
-28.78%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | $1.2m | — | — | — | — | — | ($377k) | |
| Payments to Acquire Property, Plant, and Equipment | $11.5m | $8.9m | $11.1m | $23.2m | $21.4m | $26.5m | $15.6m | $18.8m | $29.0m | ($42.5m) | ($49.8m) | |
| Purchases of marketable securities available-for-sale | — | — | $0 | $0 | ($28.0m) | ($19.4m) | ($18.5m) | ($4.9m) | ($18.8m) | ($14.7m) | — | |
| Proceeds from maturities of marketable securities available-for-sale | — | — | $0 | $0 | $8.5m | $18.8m | $26.0m | $11.0m | $24.6m | $15.0m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $3.0m | $0 | $0 | $30.8m | $0 | — | $2k | |
| Payments for (Proceeds from) Other Investing Activities | ($1.1m) | ($233k) | ($82k) | ($57k) | $0 | $577k | $855k | $3.9m | $2.8m | — | — | |
| Other investing activities, net | $1.1m | $233k | $82k | $57k | $0 | ($577k) | ($855k) | ($3.9m) | ($2.8m) | ($1.3m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($9.9m) | ($10.0m) | $18.1m | ($21.2m) | ($38.5m) | ($27.6m) | ($8.9m) | ($47.4m) | ($25.9m) | ($48.6m) | ($38.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $193k | $197k | $201k | $205k | $227k | $195k | $218k | $222k | — | — | ($219k) | |
| Principal payments on long-term debt | ($193k) | ($197k) | ($201k) | ($205k) | ($227k) | ($195k) | ($218k) | ($222k) | — | — | — | |
| Common stock withheld for payroll tax obligations | ($712k) | ($635k) | ($833k) | ($1.1m) | ($1.1m) | ($1.3m) | ($1.2m) | ($2.5m) | ($1.6m) | ($1.4m) | — | |
| Payments for Repurchase of Common Stock | $48.3m | — | — | — | — | — | — | — | $22.5m | — | — | |
| Dividends paid | $12 | $12 | $13 | $13 | $14 | $14 | $15 | $15 | $15 | ($16) | ($15.5m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | $370k | — | — | |
| Other financing activities, net | — | — | — | — | — | — | $194k | $222k | $370k | $372k | — | |
| Net Cash Provided by (Used in) Financing Activities | ($61.4m) |
($10.3m)
+83.21%
|
($11.3m)
-9.22%
|
($14.6m)
-30.13%
|
($13.4m)
+8.22%
|
($11.7m)
+13.19%
|
($12.7m)
-8.80%
|
($17.3m)
-36.30%
|
($38.6m)
-123.37%
|
($26.9m)
+30.51%
|
($104.9m)
-290.53%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($33.6m) | ($5.8m) | $5.7m | ($22.1m) | $55.7m | $30.1m | — | $147.4m | |
| Cash and cash equivalents, beginning of period | $139.1m | $101.2m | $121.6m | $127.2m | $121.4m | $127.1m | $105.0m | $160.8m | $190.9m | $250.6m | — | |
| Effect of exchange rate changes on cash and cash equivalents | $297k | $1.2m | ($1.6m) | ($1.5m) | $117k | $1.0m | ($3.5m) | $716k | ($1.1m) | $2.2m | $7.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Gain (Loss) on Disposition of Business | — | — | ($4.1m) | ($301k) | $0 | $1.1m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $9.0m | $12.5m | $13.6m | ($65k) | $10.2m | $7.8m | $22.4m | $28.0m | $12.8m | $20.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $3.2m | $1.8m | — | |
| Operating Lease, Expense | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | ($1.1m) | $1.9m | ($2.3m) | ($1.1m) | $971k | $718k | — | |
| General and Administrative Expense | $56.4m | $47.0m | $56.0m | $63.7m | $52.9m | $51.9m | $55.5m | $56.4m | $57.4m | $63.0m | — | |
| Goodwill | $76.8m | $77.1m | $64.7m | $64.4m | $68.0m | $68.0m | $67.1m | $83.1m | $84.2m | $84.5m | — | |
| Investment Income, Interest | $645k | $1.2m | $1.6m | $2.4m | $2.0m | $1.1m | $622k | $2.8m | $5.2m | $7.7m | — | |
| Operating Expenses | $114.2m | $104.8m | $112.9m | $108.5m | $98.3m | $96.1m | $104.5m | $110.8m | $114.4m | $122.7m | — | |
| Proceeds from Stock Options Exercised | $113k | $3.0m | $2.8m | $177k | $1.5m | $4.0m | $2.9m | $32k | $479k | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | $100k | $100k | — | — | |
| Foreign currency transaction (gain) loss | — | — | $808k | $709k | $1.1m | ($1.9m) | $2.3m | $1.1m | ($971k) | ($718k) | — | |
| Other, net | $89k | $626k | $2.9m | $981k | $1.4m | $259k | $695k | $1.6m | $450k | ($2.7m) | — | |
| Other noncurrent assets and liabilities | $12.0m | ($5.9m) | ($1.9m) | $4.8m | ($6.8m) | ($2.5m) | ($3.8m) | $1.6m | $6.6m | $4.6m | — | |
| Proceeds from sale of assets held-for-sale | — | — | $0 | $0 | $4.0m | $0 | $0 | — | — | — | — | |
| Proceeds from settlement of net investment hedge | $3.4m | $2.1m | $2.3m | $2.3m | $1.5m | — | — | $0 | $0 | $835k | — | |
| Payments for settlement of net investment hedge | ($2.9m) | ($3.5m) | ($3.1m) | ($327k) | $0 | — | — | $0 | $0 | ($98k) | — | |
| Repurchase of common shares | ($48.3m) | — | — | — | — | — | $0 | $0 | ($22.5m) | ($11.5m) | — | |
| Proceeds from exercise of stock options | $113k | $3.0m | $2.8m | $177k | $1.5m | $4.0m | $2.9m | $32k | $479k | $1.5m | — | |
| Proceeds from employee stock purchase plan | — | — | — | — | $0 | $0 | $412k | $444k | — | — | — | |
| Issuance of notes receivable from sale of business | — | — | $0 | $5.6m | $0 | $2.1m | $0 | $0 | — | — | — | |
| Earn-out liability related to business acquisition | — | — | $0 | $0 | $1.2m | $0 | $0 | — | — | — | — | |
| Holdback related to business acquisition | — | — | $0 | $0 | $300k | $0 | $0 | — | — | — | — | |
| Acquisition of business, net of cash acquired | — | — | $0 | $0 | ($3.0m) | $0 | $0 | ($30.8m) | $0 | $0 | — | |
| Net change in cash and cash equivalents | ($37.8m) | $20.4m | $39.2m | ($33.6m) | ($5.8m) | $5.7m | ($22.1m) | $55.7m | $30.1m | $59.7m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $4.7m | $4.7m | $4.6m | $4.7m | $4.7m | $4.6m | $3.8m | $3.9m | $3.3m | $1.8m | — | |
| Income Taxes Paid, Net | $18.4m | $16.2m | $11.2m | $7.9m | $7.3m | $6.8m | $15.7m | $20.3m | $22.3m | $20.8m | — |