← ROCKY 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 | ($2.1m) | $9.6m | $14.6m | $17.5m | $21.0m | $20.6m | $20.5m | $10.4m | $11.4m | $22.3m | — | |
| Amortization of Debt Issuance Costs | — | — | — | — | $0 | $675k | $853k | $853k | $611k | $670k | — | |
| Amortization of Intangible Assets | $132k | $121k | — | $33k | $31k | $2.5m | — | $2.9m | $2.8m | $2.8m | — | |
| Depreciation | $7.6m | $6.4m | $5.3m | $5.0m | $5.2m | $8.8m | $9.2m | $8.1m | $7.5m | $7.1m | $8.1m | |
| Depreciation, Amortization and Accretion, Net | $7.7m | $6.5m | $5.4m | $5.0m | $5.2m | $11.3m | $12.3m | $10.9m | $10.3m | $9.8m | $9.9m | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | $164k | $2.0m | ($2.2m) | ($531k) | $2.6m | $2.3m | $2.3m | |
| Share-based Payment Arrangement, Noncash Expense | $359k | $356k | $588k | $662k | $780k | $1.3m | $1.2m | $1.2m | $1.3m | $1.6m | $1.7m | |
| Share-based Payment Arrangement, Expense | $35k | — | — | — | $780k | $1.3m | $1.2m | $1.2m | $1.3m | $1.6m | $1.7m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | $3.0m | — | — | — | — | — | — | — | $4.0m | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | $4.0m | $0 | — | |
| Nonoperating Income (Expense) | ($558k) | ($2.5m) | ($162k) | $146k | ($205k) | ($10.6m) | ($18.3m) | ($21.2m) | ($17.0m) | ($10.0m) | — | |
| Other Nonoperating Income (Expense) | $59k | $15k | — | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $7.8m | ($4.0m) | $7.2m | $3.9m | $845k | $114.2m | $5.0m | ($60.0m) | ($2.5m) | $14.4m | $8.3m | |
| Increase (Decrease) in Accounts Payable | $2.3m | $1.4m | $61k | $456k | $4.5m | $78.6m | ($45.9m) | ($21.2m) | $7.7m | ($6.0m) | ($3.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $21.3m |
$17.1m
-19.68%
|
$17.6m
+2.70%
|
$18.1m
+2.95%
|
$31.4m
+73.82%
|
($54.9m)
-274.53%
|
$19.1m
+134.85%
|
$73.6m
+284.75%
|
$52.8m
-28.29%
|
$16.3m
-69.11%
|
$24.0m
+47.05%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.9m | $4.3m | $4.2m | $7.7m | $11.7m | $21.1m | $6.7m | $3.9m | $4.7m | $6.6m | ($7.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | ($41k) | $789k | ($231k) | $0 | — | $1.1m | |
| Gain (Loss) on Disposition of Property Plant Equipment | $48k | ($120k) | ($109k) | ($108k) | ($28k) | — | — | — | — | — | $1.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $212.4m | $0 | $0 | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($5.9m) | ($1.6m) | ($4.2m) | ($7.7m) | ($11.7m) | ($233.5m) | ($1.2m) | $13.4m | ($3.0m) | ($6.2m) | ($7.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | $2.4m | $11.2m | $38.4m | $94.3m | $8.4m | ($11.6m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | ($1.1m) | $0 | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | $130.0m | $0 | $0 | $50.0m | $0 | ($791k) | |
| Payments for Repurchase of Common Stock | $2.0m | $688k | $1.3m | $1.5m | $2.9m | $0 | $0 | — | $0 | $201k | — | |
| Payments of Ordinary Dividends, Common Stock | $3.3m | $3.3m | $3.5m | $4.0m | $4.1m | $4.3m | $4.5m | $4.6m | $4.6m | $4.6m | ($4.8m) | |
| Net Cash Provided by (Used in) Financing Activities | ($14.4m) |
($16.3m)
-13.68%
|
($6.9m)
+58.00%
|
($5.0m)
+26.47%
|
($6.9m)
-36.72%
|
$265.9m
+3956.33%
|
($18.1m)
-106.80%
|
($88.2m)
-387.90%
|
($50.6m)
+42.69%
|
($10.9m)
+78.41%
|
($17.0m)
-55.44%
|
|
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $416k | $191k | $120k | $151k | $7.9m | $17.5m | $13.3m | $16.2m | $9.4m | — | |
| Income Taxes Paid, Net | $340k | $1.7m | $3.6m | $5.3m | $4.7m | $8.6m | $1.9m | $6.7m | ($1.9m) | $4.2m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | ($2.1m) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | $1.3m | $0 | — | — | |
| Goodwill | — | — | — | — | — | $50.6m | $50.2m | $47.8m | $47.8m | $47.8m | $0 | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($3.1m) | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($1.5m) | ($225k) | $3.3m | $4.8m | $6.0m | $4.8m | $5.3m | $3.7m | $2.7m | $4.9m | — | |
| Operating Expenses | $79.8m | $68.9m | $69.0m | $75.6m | $77.6m | $158.6m | $181.2m | $143.2m | $147.9m | $160.1m | — | |
| Proceeds from Stock Options Exercised | $0 | $14k | $135k | $444k | $136k | $825k | $461k | $977k | $599k | $808k | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $252.7m | $270.4m | $277.3m | $514.2m | $615.5m | $461.8m | $453.8m | $482.0m | — |