← RICHARDSON ELECTRONICS, LTD.
| 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 | ($6.8m) | ($6.9m) | $3.8m | ($7.3m) | ($1.8m) | $1.7m | $17.9m | $22.3m | $61k | ($1.1m) | — | |
| Depreciation, Depletion and Amortization | $2.4m | $2.7m | $3.0m | $3.2m | $3.4m | $3.4m | $3.4m | $3.7m | $4.3m | $4.0m | $3.8m | |
| Amortization of Intangible Assets | $400k | $400k | $400k | $300k | $300k | $200k | $200k | $300k | — | — | — | |
| Depreciation | $2.0m | $2.4m | $1.7m | $2.9m | $3.1m | $3.2m | $3.2m | $3.4m | $4.0m | $3.8m | $3.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $3.4m | $3.7m | $4.3m | $4.0m | $3.8m | |
| Deferred Income Tax Expense (Benefit) | $88k | ($109k) | $326k | $329k | $8k | ($120k) | $57k | ($16k) | $1.0m | ($3.3m) | $1.1m | |
| Deferred Income Tax | — | — | — | — | — | — | ($4.0m) | ($138k) | ($1.0m) | ($3.3m) | $1.1m | |
| Deferred Tax | — | — | — | — | — | — | ($4.0m) | ($138k) | ($1.0m) | ($3.3m) | $1.1m | |
| Share-based Payment Arrangement, Noncash Expense | $548k | $437k | $533k | $697k | $683k | $675k | $654k | $936k | $1.3m | $1.5m | $1.6m | |
| Goodwill, Impairment Loss | — | — | — | $6.3m | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | — | |
| Nonoperating Income (Expense) | $333k | ($354k) | $231k | $465k | $443k | ($579k) | ($198k) | $47k | ($191k) | $932k | — | |
| Other Nonoperating Income (Expense) | ($17k) | $24k | $23k | $9k | $51k | $104k | ($5k) | $30k | ($39k) | $44k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($16.5m) | ($35.1m) | $1.5m | $4.8m | ($11.7m) | |
| Increase (Decrease) in Accounts Receivable | $3.5m | ($4.2m) | $1.8m | $2.0m | ($3.9m) | $4.2m | $6.2m | $363k | ($5.3m) | ($130k) | ($8.9m) | |
| Change In Receivables | — | — | — | — | — | — | ($6.2m) | ($363k) | $5.3m | $130k | ($8.9m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($6.2m) | ($363k) | $5.3m | $130k | ($8.9m) | |
| Increase (Decrease) in Inventories | $5.2m | ($2.4m) | $8.2m | $4.2m | $5.5m | $4.9m | $20.6m | $30.5m | ($66k) | ($206k) | $742k | |
| Inventory Write-down | $700k | — | — | — | — | — | — | — | — | — | — | |
| Change In Inventory | — | — | — | — | — | — | ($20.6m) | ($30.5m) | $66k | $206k | $742k | |
| Increase (Decrease) in Accounts Payable | ($899k) | $1.0m | $3.5m | ($2.4m) | $631k | ($565k) | $7.7m | ($439k) | ($8.1m) | $5.5m | ($1.9m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $10.1m | ($4.4m) | ($4.7m) | $4.3m | ($1.9m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $2.4m | ($4.0m) | $3.4m | ($1.2m) | $1.1m | |
| Net Cash Provided by (Used in) Operating Activities | ($13.6m) |
$1.8m
+113.32%
|
$3.0m
+63.18%
|
($2.6m)
-186.82%
|
$1.9m
+175.03%
|
$832k
-56.73%
|
$1.9m
+129.69%
|
($8.2m)
-529.04%
|
$6.5m
+179.57%
|
$10.6m
+61.74%
|
$762k
-92.78%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $244k | — | $276k | ($23k) | ($3k) | ($13k) | ($20k) | $7k | ($70k) | ($16k) | ($861k) | |
| Capital Expenditure | $4.8m | $5.2m | $5.2m | $3.9m | $1.8m | $2.6m | ($3.1m) | ($7.4m) | ($4.0m) | ($2.8m) | ($4.4m) | |
| Gain (Loss) on Sale of Investments | ($1k) | $6k | $183k | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $12.2m | — | — | — | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $20k | $12k | $3k | — | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | — | $194k | — | $6.8m | $1.3m | |
| Net Cash Provided by (Used in) Investing Activities | $8.2m | ($3.8m) | $4.2m | ($11.9m) | ($9.8m) | $13.4m | ($8.1m) | ($2.2m) | ($4.0m) | $4.0m | ($3.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $3.7m | $1.0m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $3.7m | $1.0m | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | $0 | ($3.7m) | ($1.0m) | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | $0 | ($3.7m) | ($1.0m) | $0 | |
| Payments for Repurchase of Common Stock | $5.0m | — | — | — | — | — | — | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $3.1m | $3.0m | $3.0m | $3.1m | $3.1m | $3.1m | $3.2m | $3.3m | $3.4m | $3.4m | ($3.4m) | |
| Proceeds from Issuance of Common Stock | $142k | $30k | $97k | $259k | $59k | $289k | $3.0m | $3.8m | $591k | $320k | $993k | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($3.2m) | ($3.3m) | ($3.4m) | ($3.4m) | ($3.4m) | |
| Common Stock Issuance | — | — | — | — | — | — | $3.0m | $3.8m | $591k | $320k | $993k | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $3.0m | $3.8m | $591k | $320k | $993k | |
| Cash Dividends Paid | — | — | — | — | — | — | ($3.2m) | ($3.3m) | ($3.4m) | ($3.4m) | ($3.4m) | |
| Proceeds from (Payments for) Other Financing Activities | ($4k) | — | — | — | — | — | — | ($69k) | ($120k) | ($159k) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($151k) | ($69k) | ($120k) | ($159k) | ($98k) | |
| Net Cash Provided by (Used in) Financing Activities | ($8.0m) |
($3.0m)
+62.28%
|
($3.0m)
+1.67%
|
($2.8m)
+4.54%
|
($3.2m)
-13.88%
|
($3.0m)
+6.05%
|
($352k)
+88.32%
|
$389k
+210.51%
|
($2.9m)
-846.79%
|
($3.2m)
-11.74%
|
($2.5m)
+21.63%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($148k) | $985k | ($1.2m) | ($11.5m) | $12.8m | ($7.8m) | ($10.5m) | ($718k) | $11.6m | $31.8m | |
| Beginning Cash Position | — | — | — | — | — | — | $43.3m | $35.5m | $25.0m | $24.3m | $35.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $30.5m | $43.3m | $35.5m | $25.0m | $24.3m | $35.9m | $31.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($148k) | $985k | ($1.2m) | ($423k) | $1.6m | ($1.3m) | ($520k) | ($296k) | $309k | $743k | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($1.3m) | ($520k) | ($296k) | $309k | $743k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $700k | $400k | $500k | $300k | $1.0m | $100k | $1.5m | $4.8m | $0 | $1.8m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($212k) | ($612k) | ($224k) | ($84k) | $15k | ($759k) | ($273k) | ($278k) | ($436k) | $496k | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | — | $3.6m | — | |
| Goodwill | $6.3m | $6.3m | $6.3m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($6.8m) | ($6.9m) | $2.3m | ($7.3m) | ($1.8m) | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $1.5m | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $546k | $812k | $1.5m | $1.0m | $624k | $653k | ($2.2m) | $2.7m | $96k | ($388k) | — | |
| Operating Lease, Expense | — | — | — | — | $2.0m | $1.9m | $1.8m | $1.7m | — | — | — | |
| Proceeds from Stock Options Exercised | $100k | $100k | — | $300k | $100k | $300k | $3.0m | $3.8m | $600k | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($352k) | $389k | ($2.9m) | ($3.2m) | ($2.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($8.1m) | ($2.2m) | ($4.0m) | $4.0m | ($3.1m) | |
| Change In Account Payable | — | — | — | — | — | — | $7.7m | ($439k) | ($8.1m) | $5.5m | ($1.9m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($7.8m) | ($10.5m) | ($718k) | $11.6m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $358k | $725k | $577k | $326k | ($554k) | |
| Change In Payable | — | — | — | — | — | — | $7.7m | ($439k) | ($8.1m) | $5.5m | ($1.9m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($228k) | ($519k) | $250k | ($180k) | ($2.3m) | |
| Changes In Cash | — | — | — | — | — | — | ($6.6m) | ($10.0m) | ($422k) | $11.3m | ($4.9m) | |
| End Cash Position | — | — | — | — | — | — | $35.5m | $25.0m | $24.3m | $35.9m | $31.8m | |
| Financing Cash Flow | — | — | — | — | — | — | ($352k) |
$389k
+210.51%
|
($2.9m)
-846.79%
|
($3.2m)
-11.74%
|
($2.5m)
+21.63%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($1.2m) | ($15.6m) | $2.5m | $7.7m | ($3.6m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | — | ($7k) | $70k | $16k | $10k | |
| Investing Cash Flow | — | — | — | — | — | — | ($8.1m) | ($2.2m) | ($4.0m) | $4.0m | ($3.1m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | — | ($406k) | ($304k) | ($1.0m) | ($24k) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($5.0m) | $5.0m | $0 | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $0 | $194k | $0 | $7k | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | $20k | ($413k) | ($234k) | $4.1m | ($861k) | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $462k | $466k | $606k | $550k | $499k | |
| Purchase Of Investment | — | — | — | — | — | — | ($5.0m) | $0 | $0 | — | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $5.0m | $0 | $0 | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $0 | $194k | $0 | $7k | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $654k | $936k | $1.3m | $1.5m | $1.6m |