← Sleep Number 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 loss | $65.1m | $69.5m | $81.8m | $81.8m | $139.2m | $153.7m | ($15.3m) | ($20.3m) | ($20.3m) | ($132.0m) | — | |
| Net Income (Loss) Attributable to Parent | $51.4m |
$65.1m
+26.57%
|
$69.5m
+6.86%
|
$81.8m
+17.70%
|
$139.2m
+70.06%
|
$36.6m
-73.70%
|
$36.6m
0.00%
|
($15.3m)
-141.76%
|
($20.3m)
-33.01%
|
($132.0m)
-548.95%
|
— | |
| Depreciation, Depletion and Amortization | $57.2m | $61.3m | $62.0m | $61.9m | $61.6m | $61.6m | $67.4m | $74.0m | $66.4m | $55.6m | $53.1m | |
| Amortization of Intangible Assets | $2.5m | $3.0m | $2.0m | $2.0m | — | — | — | — | — | — | — | |
| Depreciation | $47.6m | $61.3m | $62.0m | $61.9m | $61.6m | $61.6m | $60.4m | $71.0m | $65.0m | $53.0m | $53.0m | |
| Deferred Income Tax Expense (Benefit) | ($1.6m) | $2.0m | $7.4m | ($1.0m) | ($3.6m) | ($8.6m) | ($8.6m) | ($12.3m) | ($13.3m) | $33.2m | $34.5m | |
| Deferred income taxes | $2.0m | $7.4m | ($1.0m) | ($1.0m) | ($3.6m) | $446k | ($12.3m) | ($13.3m) | ($13.3m) | $33.2m | $34.5m | |
| Share-based Payment Arrangement, Noncash Expense | $12.0m | $15.8m | $11.4m | $16.7m | $21.8m | $13.2m | $13.2m | $14.9m | $11.4m | $6.3m | $5.2m | |
| Share-based Payment Arrangement, Expense | $12.0m | $15.8m | $11.4m | $16.7m | $21.8m | $13.2m | $13.2m | $14.9m | $11.4m | $6.3m | $5.2m | |
| Stock-based compensation | $15.8m | $11.4m | $16.7m | $16.7m | $21.8m | $23.2m | $14.9m | $11.4m | $11.4m | $6.3m | $5.2m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($27k) | ($249k) | $51k | $430k | ($247k) | $247k | ($291k) | ($2.9m) | ($4.3m) | ($16.2m) | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | $17.7m | $17.7m | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | $15.7m | $15.7m | $18.1m | $50.7m | — | |
| Loss on impairment of strategic investment asset | $249k | ($51k) | ($430k) | ($430k) | $247k | $37k | $2.9m | $4.3m | $4.3m | $16.2m | — | |
| Loss on disposal and impairment of leased assets | — | — | — | — | — | — | $2.9m | $4.3m | $4.3m | $20.3m | — | |
| Nonoperating Income (Expense) | ($717k) | ($877k) | ($5.9m) | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($9.3m) | ($393k) | $5.5m | ($4.8m) | $11.9m | $287k | $287k | $854k | ($9.3m) | ($2.0m) | ($3.8m) | |
| Accounts receivable | $393k | ($5.5m) | $4.8m | $4.8m | ($11.9m) | $6.2m | ($854k) | $9.3m | $9.3m | $2.0m | ($3.8m) | |
| Increase (Decrease) in Inventories | ($11.6m) | $9.3m | $584k | $2.2m | ($5.7m) | $11.6m | $11.6m | $1.4m | ($12.3m) | ($11.4m) | $14.0m | |
| Inventory Write-down | — | — | — | — | — | — | — | — | $9.6m | $9.6m | — | |
| Inventory obsolescence write off | — | — | — | — | — | — | $0 | $0 | $0 | $9.6m | — | |
| Inventories | ($9.3m) | ($584k) | ($2.2m) | ($2.2m) | $5.7m | ($24.3m) | ($1.4m) | $12.3m | $12.3m | $11.4m | $14.0m | |
| Increase (Decrease) in Accounts Payable | ($5.0m) | $21.8m | ($9.9m) | $10.7m | ($16.8m) | ($4.7m) | ($4.7m) | ($28.9m) | ($15.9m) | $22.7m | $17.7m | |
| Accounts payable | $21.8m | ($9.9m) | $10.7m | $10.7m | ($16.8m) | $54.4m | ($28.9m) | ($15.9m) | ($15.9m) | $22.7m | $17.7m | |
| Accrued compensation and benefits | $15.4m | ($6.9m) | $12.9m | $12.9m | $36.8m | ($24.8m) | ($2.9m) | $2.8m | $2.8m | ($16.1m) | — | |
| Prepaid expenses and other assets | ($12.4m) | $5.6m | ($14.0m) | ($14.0m) | ($13.7m) | ($13.8m) | ($5.2m) | ($10.9m) | ($10.9m) | $9.9m | — | |
| Net Cash Provided by (Used in) Operating Activities | $151.6m |
$172.6m
+13.82%
|
$131.5m
-23.79%
|
$189.2m
+43.80%
|
$279.7m
+47.84%
|
$279.7m
0.00%
|
$36.1m
-87.08%
|
($9.0m)
-124.98%
|
$27.1m
+400.65%
|
($3.3m)
-112.10%
|
($8.4m)
-156.11%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $57.9m | $59.8m | $45.5m | $59.2m | $37.1m | $37.1m | $69.5m | $57.1m | $23.5m | $14.4m | ($15.2m) | |
| Proceeds from sales of property and equipment | $36k | $272k | $2.6m | $2.6m | $55k | $257k | $21k | $156k | $156k | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($44.3m) | ($56.6m) | ($45.2m) | ($56.6m) | ($39.0m) | ($39.0m) | ($70.6m) | ($58.4m) | ($26.3m) | ($17.7m) | ($18.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Net increase (decrease) in short-term borrowings | $28.1m | $182.3m | $26.4m | $26.4m | ($11.6m) | $145.5m | $73.5m | ($673k) | ($673k) | $28.1m | — | |
| Debt issuance costs | ($12k) | ($1.0m) | ($1.0m) | ($1.0m) | ($312k) | ($2.8m) | ($2.0m) | $0 | $0 | ($6.1m) | — | |
| Payments for Repurchase of Common Stock | $126.7m | $155.2m | $272.4m | $165.1m | $235.6m | $64.2m | $64.2m | $3.7m | $768k | $1.2m | — | |
| Proceeds from Issuance of Common Stock | $2.3m | $3.2m | $2.8m | $7.2m | $9.6m | $9.6m | $1.1m | $428k | $0 | $0 | $0 | |
| Repurchases of common stock | ($155.2m) | ($272.4m) | ($165.1m) | $165.1m | ($235.6m) | ($382.4m) | ($3.7m) | ($768k) | $768k | ($1.2m) | — | |
| Proceeds from (Payments for) Other Financing Activities | $5.9m | $28.1m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($94.7m) |
($123.9m)
-30.90%
|
($88.3m)
+28.72%
|
($132.6m)
-50.06%
|
($238.0m)
-79.54%
|
($238.0m)
0.00%
|
$33.9m
+114.23%
|
$68.1m
+101.13%
|
($1.4m)
-102.12%
|
$20.7m
+1537.40%
|
$26.7m
+29.05%
|
|
| Net (decrease) increase in cash and cash equivalents | ($11.1m) | ($2.0m) | ($19k) | ($19k) | $2.6m | ($1.9m) | $747k | ($589k) | ($589k) | ($257k) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($9.4m) | ($11.1m) | ($2.0m) | ($19k) | $2.6m | $2.6m | ($597k) | $747k | ($589k) | ($257k) | $1.5m | |
| Cash and cash equivalents, at beginning of period | $11.6m | $1.6m | $1.6m | $1.6m | $4.2m | $2.4m | $2.5m | $1.9m | $1.9m | $1.7m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $1.6m | $1.6m | $1.6m | $4.2m | $1.8m | $1.8m | $2.5m | $1.9m | $1.7m | $1.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $753k | $753k | $5.1m | $10.7m | $9.1m | $16.9m | $16.9m | $40.6m | $45.1m | $50.6m | — | |
| Income Taxes Paid, Net | ($653k) | $22.8m | $15.0m | $17.2m | $38.7m | $38.7m | $19.8m | $13.7m | $4.0m | $8.6m | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $109.7m | $127.3m | $119.4m | $138.0m | $159.0m | $153.3m | $153.3m | $146.6m | $150.0m | $130.7m | — | |
| Goodwill | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $27.9m | |
| Income Tax Expense (Benefit) | $24.5m | $26.0m | $17.0m | $18.7m | $36.8m | $12.3m | $12.3m | ($4.5m) | ($5.2m) | $36.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | $48.4m | $48.4m | $49.4m | — | |
| Operating Expenses | $733.5m | $805.4m | $835.5m | $939.8m | $971.1m | $1.1b | $1.1b | $1.1b | $979.9m | $879.5m | — | |
| Proceeds from Stock Options Exercised | — | — | — | $9.6m | $9.6m | — | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | — | — | $13.5m | $13.5m | $14.9m | $19.8m | — | |
| Income taxes | $1.7m | ($6.6m) | $3.1m | $3.1m | $1.1m | ($3.1m) | ($6.0m) | $4.0m | $4.0m | ($4.4m) | — | |
| Customer prepayments | $1.6m | ($701k) | $7.2m | $7.2m | $37.8m | $57.5m | ($24.0m) | ($2.2m) | $2.2m | ($7.4m) | — | |
| Other taxes and withholding | ($893k) | $707k | $725k | $725k | $111k | $1.8m | ($519k) | ($2.5m) | ($2.5m) | ($2.8m) | — | |
| Other accruals and liabilities | $9.9m | $5.1m | $7.0m | $7.0m | $21.3m | $8.3m | ($3.4m) | ($18.2m) | ($18.2m) | ($27.7m) | — | |
| Issuance of notes receivable | — | — | — | — | — | $0 | ($1.3m) | ($2.9m) | ($2.9m) | $0 | — | |
| Payment to secure contractual rights | — | — | — | — | $0 | ($1.2m) | $0 | $0 | $0 | ($3.3m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.