← STRATTEC SECURITY 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 Income (Loss) Attributable to Parent | $9.1m |
$7.2m
-21.34%
|
$12.3m
+70.67%
|
($17.0m)
-238.64%
|
($7.6m)
+55.34%
|
$22.5m
+396.28%
|
$7.0m
-68.79%
|
($6.7m)
-194.85%
|
$16.3m
+344.57%
|
$18.7m
+14.54%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $9.1m |
$7.2m
-20.84%
|
$12.3m
+70.69%
|
($12.7m)
-203.34%
|
($5.9m)
+53.86%
|
$29.9m
+610.45%
|
$8.9m
-70.36%
|
($8.9m)
-201.00%
|
$16.4m
+283.57%
|
$18.9m
+15.16%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $14.1m | $12.1m | $15.6m | ($12.7m) | ($5.9m) | $29.9m | $8.9m | ($8.9m) | $16.4m | $18.9m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.0m | $4.9m | $3.3m | $4.3m | $1.7m | $7.4m | $1.8m | ($2.3m) | $115k | $234k | — | |
| Depreciation, Depletion and Amortization | $10.1m | $11.4m | $14.6m | $17.2m | $19.3m | $19.8m | $19.4m | $17.5m | $16.5m | $14.8m | $15.3m | |
| Depreciation | $10.0m | $11.3m | $14.5m | $17.2m | $19.3m | $19.8m | $19.4m | $17.5m | $16.5m | $14.8m | $15.3m | |
| Amortization of Intangible Assets | $99k | $99k | $41k | — | — | — | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | $3.0m | $1.9m | $1.0m | ($10.1m) | ($3.6m) | $1.5m | ($2.0m) | ($4.9m) | ($4.7m) | ($1.9m) | ($1.9m) | |
| Share-based Payment Arrangement, Noncash Expense | $1.6m | $1.5m | $1.1m | $1.1m | $996k | $972k | $1.1m | $1.5m | $1.5m | $2.7m | $3.5m | |
| Income (Loss) from Equity Method Investments | ($2.2m) | $666k | $4.5m | $2.8m | ($209k) | $2.6m | $181k | $1.6m | ($331k) | — | — | |
| Nonoperating Income (Expense) | — | — | $1.0m | ($337k) | $1.7m | ($1.2m) | $423k | ($2.2m) | $3.0m | $820k | — | |
| Other Nonoperating Income (Expense) | $668k | $2.3m | ($149k) | $79k | $1.1m | $11k | $233k | $255k | $194k | $493k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $3.9m | ($3.2m) | $11.2m | $608k | $7.1m | $16.5m | $9.6m | ($2.9m) | $4.1m | ($16.9m) | $2.2m | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | — | — | — | — | $10.7m | ($7.0m) | |
| Increase (Decrease) in Other Operating Assets | $9.5m | $6.5m | $4.5m | ($5.9m) | $29k | $2.4m | $3.1m | $10.5m | $13.6m | ($12.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $8.2m |
$23.1m
+181.60%
|
$6.9m
-70.01%
|
$29.9m
+331.43%
|
$25.4m
-15.09%
|
$35.1m
+38.26%
|
$10.4m
-70.31%
|
$10.1m
-3.27%
|
$12.3m
+21.50%
|
$71.7m
+484.40%
|
$66.8m
-6.77%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $17k | ($213k) | $28k | ($106k) | ($369k) | ($1.4m) | ($192k) | ($17.4m) | ($9.8m) | ($7.2m) | $2.4m | |
| Payments to Acquire Property, Plant, and Equipment | $23.5m | $37.0m | $24.1m | $17.5m | $12.4m | $8.9m | $14.2m | $17.4m | $9.8m | $7.2m | ($8.9m) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $186k | $265k | |
| Net Cash Provided by (Used in) Investing Activities | ($25.3m) | ($39.5m) | ($23.9m) | ($17.6m) | ($12.3m) | ($9.0m) | ($14.3m) | $8.9m | ($7.8m) | ($7.2m) | ($8.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments of Ordinary Dividends, Common Stock | $1.9m | $2.0m | $2.0m | $2.1m | $1.6m | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $7.2m |
$9.2m
+27.96%
|
$16.4m
+77.66%
|
($12.2m)
-174.28%
|
($9.0m)
+26.15%
|
($22.9m)
-154.52%
|
($1.9m)
+91.73%
|
($7.4m)
-293.02%
|
$72k
+100.97%
|
($4.9m)
-6959.72%
|
($13.4m)
-171.05%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($10.2m) | ($7.1m) | ($271k) | ($281k) | $4.0m | $2.7m | ($5.7m) | $11.8m | $4.8m | $59.2m | $106.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | $139k | $172k | $477k | $526k | $827k | $109k | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $157k | $350k | $1.1m | $1.6m | $976k | $320k | $230k | $890k | $888k | $1.0m | — | |
| Income Taxes Paid, Net | — | — | — | $530k | $2.1m | $5.4m | ($842k) | $2.8m | $3.8m | $14.2m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | ($31.9m) | — | — | — | ($217k) | $0 | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.6m) | ($1.1m) | ($549k) | $397k | $2.0m | ($2.4m) | $237k | ($2.9m) | $2.2m | ($591k) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | $2.6m | $1.1m | $549k | ($397k) | ($2.0m) | $2.4m | ($237k) | $2.9m | ($2.2m) | $591k | — | |
| Gain (Loss) on Sale of Derivatives | ($1.2m) | ($1.6m) | $1.1m | $485k | ($418k) | $164k | $361k | $1.0m | $885k | — | — | |
| Income Tax Expense (Benefit) | $5.1m | $4.3m | $2.1m | ($7.7m) | ($2.3m) | $5.1m | $420k | $1.3m | $3.8m | $5.7m | — | |
| Investment Income, Interest | $25k | $136k | $8k | — | — | — | — | — | — | $2.0m | — | |
| Operating Expenses | $43.9m | $46.5m | $41.2m | $47.2m | $44.1m | $44.7m | $47.1m | $48.2m | $47.7m | $61.8m | — | |
| Operating Lease, Expense | — | — | — | — | $461k | $473k | $484k | $497k | $989k | $951k | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | $31.9m | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | $2.9m | — | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($889k) | $2.0m | ($1.2m) | $39k | ($480k) | $723k | $384k | — | — | $2.3m | — |