← NATIONAL PRESTO INDUSTRIES 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 earnings | $44.6m |
$53.0m
+18.84%
|
$39.9m
-24.58%
|
$42.2m
+5.71%
|
$47.0m
+11.22%
|
$25.7m
-45.37%
|
$20.7m
-19.31%
|
$34.6m
+66.96%
|
$41.5m
+19.97%
|
$33.1m
-20.20%
|
— | |
| Net Income (Loss) Attributable to Parent | $44.6m |
$53.0m
+18.84%
|
$39.9m
-24.58%
|
$42.2m
+5.71%
|
$47.0m
+11.22%
|
$25.7m
-45.37%
|
$20.7m
-19.31%
|
$34.6m
+66.96%
|
$41.5m
+19.97%
|
$33.1m
-20.20%
|
— | |
| Depreciation, Depletion and Amortization | $8.9m | $9.8m | $6.2m | $3.7m | $3.0m | $3.0m | $3.0m | $6.0m | — | — | $5.2m | |
| Amortization of Intangible Assets | $721k | $2.6m | $2.2m | $83k | $221k | $214k | $582k | $1.6m | $1.5m | $1.5m | — | |
| Depreciation | $14.0m | $7.3m | $4.1m | $3.6m | $2.8m | $2.8m | $2.8m | $4.4m | $3.5m | $3.6m | $3.7m | |
| Intangibles amortization | $721k | $2.6m | $2.2m | $83k | $221k | $214k | $582k | $1.6m | $1.5m | $1.5m | — | |
| Deferred Income Tax Expense (Benefit) | $6.4m | ($4.0m) | ($121k) | ($224k) | ($1.7m) | ($1.6m) | ($2.3m) | ($1.2m) | ($4.5m) | $7.7m | $7.7m | |
| Share-based Payment Arrangement, Expense | $391k | $545k | $469k | $830k | $366k | $469k | $476k | $512k | $575k | $575k | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($434k) | ($248k) | ($163k) | ($322k) | — | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | $5.3m | $0 | $0 | — | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $3.8m | $0 | $0 | $0 | $2.7m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | $0 | — | — | $0 | $0 | $1.5m | $0 | $0 | $0 | — | |
| Loss on impairment of vendor deposit | — | — | — | — | — | — | — | $0 | $0 | $2.7m | — | |
| Other Nonoperating Income (Expense) | $810k | $3.6m | $4.4m | $5.9m | $3.8m | $2.4m | $3.8m | $7.4m | $5.5m | $1.9m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $13.5m | ($1.8m) | ($11.5m) | ($10.9m) | $12.2m | ($1.1m) | $12.9m | ($20.3m) | $13.3m | $22.9m | ($1.7m) | |
| Provision for doubtful notes and accounts receivable | — | — | — | $7k | $0 | $7.7m | $0 | $285k | ($285k) | $66k | — | |
| Accounts receivable, net | ($13.5m) | $1.8m | $11.5m | $10.9m | ($12.2m) | $1.1m | ($12.9m) | $20.3m | ($13.3m) | ($22.9m) | ($1.7m) | |
| Increase (Decrease) in Inventories | $7.5m | $8.7m | ($6.8m) | $34.2m | $7.0m | $10.1m | $5.6m | $38.6m | $87.6m | $29.0m | ($25.3m) | |
| Inventories | ($7.5m) | ($8.7m) | $6.8m | ($34.2m) | ($7.0m) | ($10.1m) | ($5.6m) | ($38.6m) | ($87.6m) | ($29.0m) | ($25.3m) | |
| Accounts payable and accrued liabilities | $12.1m | ($11.5m) | $6.1m | ($11.6m) | $15.7m | ($1.2m) | ($676k) | $18.3m | $390k | $1.7m | ($2.9m) | |
| Other assets and current assets | $5.1m | ($806k) | $4.1m | ($2.8m) | ($5.7m) | $9.7m | $147k | $2.1m | $2.1m | ($28k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $66.4m |
$24.3m
-63.42%
|
$76.2m
+214.06%
|
$9.6m
-87.43%
|
$41.0m
+327.56%
|
$34.7m
-15.34%
|
$8.8m
-74.72%
|
$45.4m
+417.67%
|
($53.4m)
-217.71%
|
($9.1m)
+82.90%
|
$9.8m
+206.71%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $7.0m | $7.4m | $8.7m | $3.1m | $2.6m | $2.9m | $1.0m | $1.8m | $7.5m | $27.0m | ($6.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $3k | $1k | $1k | $767k | ($2k) | ($493k) | ($463k) | $7k | $0 | ($13k) | ($899k) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | $0 | $0 | — | $0 | $0 | $0 | — | |
| Marketable securities purchased | ($86.1m) | ($192.6m) | ($163.3m) | ($105.4m) | ($48.0m) | ($3.9m) | ($20.0m) | ($47.7m) | ($5.4m) | $0 | — | |
| Marketable securities - maturities and sales | $33.9m | $132.8m | $173.1m | $161.4m | $57.8m | $38.5m | $29.2m | $46.2m | $26.9m | $4.5m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $3.7m | $0 | $0 | $24.7m | $0 | $0 | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($60.8m) | ($2.1m) | $10.8m | $55.2m | $7.2m | $32.5m | ($16.4m) | ($447k) | $15.0m | ($21.9m) | $2.8m | |
| Cash flows from financing activities: | ||||||||||||
| Payments of Ordinary Dividends, Common Stock | $35 | $38 | $42 | $42 | $42 | $44 | $32 | $28 | $32 | $7 | ($7.2m) | |
| Dividends paid | ($35) | ($38) | ($42) | ($42) | ($42) | ($44) | ($32) | ($28) | ($32) | ($7) | ($7.2m) | |
| Proceeds from (Payments for) Other Financing Activities | $217k | ($114k) | ($6k) | ($442k) | ($27k) | $45k | ($36k) | ($40k) | ($17k) | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | ($34.7m) |
($38.0m)
-9.45%
|
($41.5m)
-9.12%
|
($42.0m)
-1.31%
|
($41.7m)
+0.81%
|
($43.5m)
-4.31%
|
($31.4m)
+27.70%
|
($28.0m)
+10.91%
|
($31.5m)
-12.63%
|
$16.6m
+152.65%
|
($7.0m)
-142.45%
|
|
| Net increase (decrease) in cash and cash equivalents | ($29.2m) | ($15.8m) | $45.6m | $22.7m | $6.5m | $23.8m | ($39.1m) | $16.9m | ($70.0m) | ($14.4m) | — | |
| Cash and cash equivalents at beginning of year | $56.2m | $27.0m | $56.8m | $79.6m | $86.0m | $109.8m | $70.7m | $87.7m | $17.7m | $3.3m | $1.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $56.8m | $79.6m | $86.0m | $109.8m | $70.7m | $87.7m | $17.7m | $3.3m | $6.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | — | — | $2k | $832k | — | |
| Income Taxes Paid, Net | $17.3m | $32.8m | $15.0m | $10.2m | $13.8m | $10.1m | $8.2m | $6.8m | $12.0m | $10.2m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | — | $11.4m | ($2.5m) | — | $0 | — | — | $351k | $0 | $253k | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $2.3m | $0 | — | — | — | — | — | — | |
| Goodwill | $11.5m | $11.5m | $11.5m | $15.3m | $15.3m | $15.3m | $18.6m | $19.4m | $19.4m | $19.4m | $2.7m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | $47.0m | $25.7m | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $41.9m | $43.3m | $39.9m | $40.5m | $47.0m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $2.6m | $9.6m | $51k | $1.7m | $0 | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $21.4m | $22.0m | $12.4m | $11.8m | $13.0m | $6.8m | $5.2m | $7.9m | $9.2m | $9.0m | — | |
| Operating Lease, Expense | — | — | — | — | $1.2m | $1.1m | $1.1m | $1.3m | $1.5m | $1.5m | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | — | — | $66k | — | |
| Noncash retirement plan expense | $782k | $675k | $698k | $680k | $721k | $752k | $803k | $863k | $904k | $1.0m | — | |
| Gain on sale of subsidiary | — | ($11.4m) | $2.5m | — | — | $0 | $0 | ($351k) | $0 | ($253k) | — | |
| Federal and state income taxes payable | — | — | — | — | — | ($1.6m) | ($649k) | $2.5m | $1.5m | ($8.6m) | — | |
| Proceeds from notes receivable | — | — | $0 | $2.1m | $0 | $543k | $106k | $627k | $1.0m | $403k | — | |
| Proceeds from sale of subsidiary | — | — | — | — | — | $0 | $0 | $2.0m | $0 | $278k | — | |
| Proceeds from insurance claim | $987k | $2.1m | $2.6m | $807k | $0 | $250k | $0 | $232k | $0 | $0 | — | |
| Proceeds from line of credit | — | — | — | — | — | — | $0 | $0 | $8.0m | $192.6m | — | |
| Payments on line of credit | — | — | — | — | — | — | $0 | $0 | ($8.0m) | ($168.9m) | — | |
| Proceeds from sale of treasury stock | $443k | $519k | $528k | $518k | $528k | $571k | $436k | $429k | $513k | $120k | — | |
| Interest on line of credit | — | — | — | — | — | — | $0 | $0 | $2k | $832k | — |