← LATTICE SEMICONDUCTOR 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), Including Portion Attributable to Noncontrolling Interest | ($54.1m) | ($70.6m) | ($26.3m) | $43.5m | $47.4m | $47.4m | $178.9m | $259.1m | $61.1m | $3.1m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $61.8m | $57.9m | $39.3m | $33.1m | $11.8m | $25.1m | $13.8m | $17.3m | $19.3m | $19.9m | $43.6m | |
| Depreciation | $18.4m | $16.3m | $13.4m | $11.6m | $11.8m | $25.1m | $13.8m | $17.3m | $19.3m | $19.9m | $43.6m | |
| Amortization of Debt Issuance Costs | $1.4m | $2.0m | $2.2m | $1.7m | $400k | — | $310k | $266k | $266k | $264k | — | |
| Amortization of Intangible Assets | $34.3m | $31.9m | $18.0m | $13.6m | $4.6m | — | — | $4.6m | $4.7m | $2.2m | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | $695k | — | $841k | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | $90k | $7k | ($90k) | ($317k) | ($83k) | — | ($1.4m) | ($58.6m) | ($12.1m) | $5.2m | $4.2m | |
| Share-based Payment Arrangement, Noncash Expense | $16.2m | $12.5m | $13.6m | $18.9m | $40.4m | — | $55.5m | $70.2m | $53.0m | $115.6m | $143.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $10.1m | $27.0m | — | $54.9m | $52.1m | $33.6m | $23.3m | — | |
| Share-based Payment Arrangement, Expense | $16.2m | $12.5m | $13.6m | $18.9m | $40.4m | — | $55.5m | $70.2m | $53.0m | $115.6m | $143.6m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | $2.0m | — | — | |
| Goodwill and Intangible Asset Impairment | $7.9m | $32.4m | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | $0 | — | $0 | $0 | $8.4m | |
| Impairment of Intangible Assets, Finite-lived | — | $32.4m | $12.5m | $0 | $0 | — | $0 | $0 | $13.9m | $0 | — | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | ($79k) | ($252k) | $18k | — | — | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | $977k | $0 | — | $1.1m | $0 | $384k | — | — | |
| Income (Loss) from Equity Method Investments | ($1.5m) | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $4.3m | ($3.3m) | ($249k) | ($2.2m) | ($208k) | — | ($1.1m) | $545k | ($2.2m) | ($751k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $11.4m | ($44.6m) | $4.0m | $4.0m | ($336k) | — | $14.2m | $10.4m | ($23.3m) | $21.2m | ($34.4m) | |
| Increase (Decrease) in Inventories | $3.3m | $902k | ($13.2m) | ($12.1m) | $9.6m | — | $42.8m | ($11.5m) | $4.6m | ($14.2m) | ($6.7m) | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | ($16.8m) | — | $7.4m | ($7.5m) | $2.3m | $19.7m | $47.1m | |
| Net Cash Provided by (Used in) Operating Activities | $41.7m |
$38.5m
-7.72%
|
$51.5m
+33.61%
|
$124.1m
+141.24%
|
$91.7m
-26.14%
|
$91.7m
0.00%
|
$238.8m
+160.46%
|
$269.6m
+12.89%
|
$140.9m
-47.74%
|
$175.1m
+24.30%
|
$223.6m
+27.70%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $16.7m | $12.9m | $8.4m | $15.6m | $12.1m | $12.1m | $23.3m | $20.1m | $21.0m | $42.5m | ($80.2m) | |
| Property, plant and equipment acquisitions funded by liabilities | $16.7m | $12.9m | $8.4m | $15.6m | $12.1m | — | $23.3m | $20.1m | $21.0m | $42.5m | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | $4.6m | $0 | $0 | — | — | — | — | — | — | — | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | $100k | — | — | — | — | — | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $14.9m | $12.7m | $5.0m | $9.7m | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | — | — | — | $0 | $0 | — | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $9.0m | $8.5m | $8.1m | $9.6m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($17.4m) | ($8.3m) | ($21.1m) | ($15.5m) | ($20.9m) | ($20.9m) | ($34.9m) | ($33.2m) | ($37.7m) | ($62.3m) | ($81.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | $35.4m | $43.8m | $321.4m | $26.2m | — | $178.8m | $130.0m | $0 | $0 | $0 | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($2.2m) | $0 | — | — | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | $148.6m | $0 | $0 | — | $0 | |
| Payments for Repurchase of Common Stock | $0 | $0 | — | $0 | $15.0m | $15.0m | $110.1m | $80.0m | $67.0m | $100.0m | — | |
| Proceeds from Issuance of Common Stock | $7.6m | $6.1m | $29.3m | $17.2m | $10.1m | $10.1m | $7.2m | $8.4m | $6.2m | $7.6m | $8.5m | |
| Net Cash Provided by (Used in) Financing Activities | ($1.1m) |
($32.6m)
-2832.64%
|
($16.8m)
+48.36%
|
($109.9m)
-552.65%
|
($8.1m)
+92.63%
|
($8.1m)
0.00%
|
($188.1m)
-2221.59%
|
($253.7m)
-34.90%
|
($94.5m)
+62.77%
|
($115.7m)
-22.48%
|
($95.6m)
+17.40%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($31.0m) | $263k | $12.2m | ($970k) | $64.3m | $64.3m | $14.2m | ($17.4m) | $8.0m | ($2.4m) | $173.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $118.1m | — | — | — | — | — | — | $173.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.2m) | $2.6m | ($1.3m) | $341k | — | $1.5m | ($75k) | ($26k) | ($749k) | — | ($102k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $6.8m | $0 | $18.6m | $11.0m | $3.7m | $3.7m | $4.0m | $3.2m | $0 | $0 | — | |
| Income Taxes Paid, Net | $9.4m | $2.4m | $3.1m | $3.4m | $1.9m | $1.9m | $4.6m | $15.8m | $8.6m | $7.8m | — | |
| Non-cash transactions: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | ($597k) | $75k | $178k | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | $2.6m | ($1.5m) | $0 | $0 | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Derivatives | $184k | $77k | $53k | — | — | — | — | — | — | — | — | |
| Goodwill | $269.8m | $267.5m | $267.5m | $267.5m | $267.5m | — | $315.4m | $315.4m | $315.4m | $315.4m | $8.4m | |
| Income Tax Expense (Benefit) | $9.9m | $849k | $2.4m | $1.6m | $1.1m | — | $3.2m | ($44.2m) | ($24.9m) | $10.3m | — | |
| Operating Expenses | — | — | — | $179.4m | $192.9m | — | $264.7m | $302.4m | $305.9m | $345.7m | — | |
| Operating Lease, Expense | — | — | — | $1.9m | $1.6m | — | $1.1m | $1.0m | $977k | $1.2m | — | |
| Operating Cash Flow | ($22.9m) |
$38.5m
+268.29%
|
$51.5m
+33.61%
|
$124.1m
+141.24%
|
— | $91.7m |
$238.8m
+160.46%
|
$269.6m
+12.89%
|
$140.9m
-47.74%
|
$175.1m
+24.30%
|
$223.6m
+27.70%
|
|
| Cash Flow From Continuing Operating Activities | ($22.9m) | $38.5m | $51.5m | $124.1m | — | $91.7m | $238.8m | $269.6m | $140.9m | $175.1m | $223.6m |