← RESOURCES CONNECTION, 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) Attributable to Parent | $30.4m |
$18.7m
-38.73%
|
$18.8m
+0.94%
|
$31.5m
+67.16%
|
$28.3m
-10.12%
|
$25.2m
-10.80%
|
$67.2m
+166.26%
|
$54.4m
-19.08%
|
$21.0m
-61.31%
|
($191.8m)
-1011.76%
|
— | |
| Depreciation and amortization | $3.6m | $3.5m | $6.4m | $8.5m | $10.8m | $9.1m | $8.5m | $8.6m | $8.4m | $7.7m | $10.3m | |
| Amortization of Debt Issuance Costs | — | ($190k) | — | — | — | — | $91k | $0 | $0 | $0 | — | |
| Amortization of Intangible Assets | $90k | — | $2.3m | $3.8m | $5.7m | $5.2m | $4.9m | $5.0m | $5.4m | $5.9m | — | |
| Depreciation | $3.5m | $3.5m | $4.1m | $4.7m | $5.0m | $3.9m | $3.6m | $3.5m | $3.0m | $1.9m | $6.5m | |
| Deferred Income Tax Expense (Benefit) | ($340k) | $198k | ($3.2m) | $6.5m | $917k | $12.2m | ($11.0m) | ($10.3m) | $532k | ($6.3m) | $303k | |
| Share-based Payment Arrangement, Noncash Expense | $6.3m | $6.1m | $6.0m | $6.6m | $6.1m | $6.6m | $8.2m | $9.5m | $5.7m | $6.8m | $11.6m | |
| Share-based Payment Arrangement, Expense | $6.3m | $6.1m | $6.0m | $6.6m | $6.1m | — | $8.2m | $9.5m | $5.7m | $6.8m | $11.6m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $3.0m | $0 | $194.4m | $906k | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | ($11k) | $138k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $2.7m | $1.5m | $19.4m | $5.7m | ($10.0m) | ($11.4m) | $44.8m | ($13.6m) | ($29.6m) | ($10.4m) | $26.6m | |
| Net Cash Provided by (Used in) Operating Activities | $38.3m |
$28.3m
-26.13%
|
$15.4m
-45.62%
|
$43.6m
+183.81%
|
$49.5m
+13.53%
|
$39.9m
-19.34%
|
$49.4m
+23.79%
|
$81.6m
+65.11%
|
$21.9m
-73.15%
|
$18.9m
-13.78%
|
$1.4m
-92.45%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.4m | $4.8m | $2.2m | $6.9m | $2.3m | $3.8m | $3.0m | $2.0m | $1.1m | $2.7m | ($808k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | ($19k) | ($14k) | ($126k) | ($484k) | ($587k) | ($564k) | ($2.0m) | ($1.1m) | ($2.7m) | $2.5m | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | $0 | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $254k | — | — | — | $7.4m | $23.2m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($2.4m) | $20.4m | ($25.7m) | ($12.9m) | ($26.8m) | ($3.8m) | ($3.0m) | $3.9m | ($8.6m) | ($13.6m) | $1.1m | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $28.1m | $118.9m | $5.1m | $29.9m | $5.0m | — | $19.7m | $15.2m | $8.0m | $13.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $14.1m | $14.2m | $14.3m | $16.2m | $17.6m | $18.2m | $18.6m | $18.8m | $18.8m | $18.6m | ($9.4m) | |
| Dividends Payable, Current | $3.6m | $3.2m | $3.8m | $4.1m | $4.5m | $4.6m | $4.6m | $4.7m | $4.7m | $2.3m | — | |
| Dividends Payable | — | — | $3.8m | — | $4.5m | $4.6m | $4.6m | $4.7m | $4.7m | $2.3m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($32.3m) |
($76.9m)
-138.32%
|
$3.5m
+104.52%
|
($43.6m)
-1355.07%
|
$30.9m
+170.88%
|
($59.5m)
-292.41%
|
($13.4m)
+77.51%
|
($71.9m)
-437.84%
|
($20.7m)
+71.20%
|
($27.7m)
-33.91%
|
($7.5m)
+72.86%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $185k | ($558k) | $963k | ($13.4m) | $52.6m | ($21.2m) | $30.1m | $12.6m | ($7.9m) | ($22.7m) | $82.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $43.0m | $95.6m | $74.4m | $104.5m | $116.8m | $108.9m | $86.1m | $82.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $628k | $1.8m | $2.4m | $2.2m | $1.6m | $1.0m | $962k | $352k | $354k | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $18.0m | $24.6m | ($2.9m) | $11.2m | $2.4m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | — | $3.4m | — | |
| Goodwill | $171.2m | $171.1m | $191.9m | $190.8m | $214.1m | $216.8m | $209.8m | $206.7m | $216.6m | $28.8m | $906k | |
| Income Tax Expense (Benefit) | $23.5m | $15.1m | $10.1m | $16.5m | $6.9m | ($2.5m) | $15.8m | $18.3m | $8.8m | ($4.3m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | ($1.1m) | — | — | |
| Investment Income, Interest | $186k | $144k | $132k | — | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $240k | $210k | $162k | $199k | $195k | $142k | $8k | — | |
| Proceeds from Stock Options Exercised | $5.3m | $3.9m | $6.5m | $19.8m | $5.1m | $1.7m | $13.1m | $10.1m | $465k | $0 | — |