← TREDEGAR CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $24.5m |
$38.3m
+56.34%
|
$24.8m
-35.06%
|
$48.3m
+94.26%
|
($75.4m)
-256.33%
|
$57.8m
+176.65%
|
$28.5m
-50.79%
|
($105.9m)
-472.18%
|
($64.6m)
+39.03%
|
$33.5m
+151.85%
|
— | |
| Depreciation | $28.5m | $34.1m | $29.8m | $30.7m | $28.9m | $22.1m | $23.9m | $25.8m | $23.7m | $20.0m | $19.8m | |
| Amortization of identifiable intangibles | $4.0m | $6.2m | $4.0m | $13.6m | $3.0m | $1.7m | $2.5m | $1.9m | $1.9m | $1.8m | — | |
| Deferred income taxes | ($3.7m) | ($36.4m) | $8.6m | $5.9m | ($16.9m) | ($4.9m) | $544k | ($56.1m) | ($8.2m) | $6.2m | $7.0m | |
| Stock-based compensation expense | — | — | — | $7.3m | $5.4m | $5.2m | $3.6m | $2.0m | $2.5m | $1.8m | $1.1m | |
| Goodwill impairment | — | — | $46.8m | $0 | $13.7m | $0 | $0 | $34.9m | $13.3m | $0 | $843k | |
| Production equipment asset impairment | — | — | — | — | — | — | — | $0 | $0 | $843k | — | |
| Impairment of Richmond, Virginia Technical Center assets | — | — | — | — | — | $0 | $0 | $3.5m | $0 | $0 | — | |
| Accounts and other receivables | $92k | ($10.6m) | ($11.9m) | $16.5m | ($335k) | ($17.0m) | $18.6m | $17.4m | ($14.8m) | ($17.0m) | — | |
| Inventories | $1.1m | ($9.1m) | ($9.6m) | $11.3m | ($4.4m) | ($23.1m) | ($37.8m) | $47.6m | ($6.9m) | ($13.6m) | ($21.4m) | |
| Accounts payable and accrued expenses | $161k | $21.1m | $5.6m | ($2.9m) | $4.0m | $19.8m | ($14.9m) | ($25.2m) | $10.0m | $13.6m | — | |
| Accrued pension and postretirement benefits | $11.0m | $10.2m | $10.4m | ($9.6m) | $14.7m | $14.2m | $14.6m | $10.8m | $217k | $161k | — | |
| Net cash provided by (used in) operating activities | $48.9m |
$88.2m
+80.50%
|
$97.8m
+10.86%
|
$115.9m
+18.48%
|
$74.4m
-35.81%
|
$70.6m
-5.10%
|
($20.8m)
-129.53%
|
$24.0m
+215.12%
|
$25.5m
+6.31%
|
$33.0m
+29.28%
|
$43.5m
+31.93%
|
|
| Capital expenditures | ($45.5m) | ($44.4m) | ($40.8m) | ($50.9m) | ($23.4m) | ($27.4m) | ($36.9m) | ($26.4m) | ($14.3m) | ($17.2m) | ($20.9m) | |
| Net cash provided by (used in) investing activities | ($42.0m) | ($125.6m) | ($34.1m) | ($39.9m) | $32.9m | $24.4m | ($35.5m) | ($26.2m) | $40.5m | ($5.5m) | ($20.3m) | |
| Borrowings | $96.8m | $190.8m | $76.8m | $65.5m | $162.2m | $75.5m | $313.5m | $116.1m | $615.2m | $123.4m | — | |
| Debt financing costs | ($2.6m) | $0 | $0 | ($1.8m) | ($693k) | $0 | ($1.2m) | ($4.0m) | ($587k) | ($1.3m) | — | |
| Dividends paid | ($14.5m) | ($14.5m) | ($14.6m) | ($15.3m) | ($216.0m) | ($16.2m) | ($17.0m) | ($8.9m) | $0 | $0 | ($16.6m) | |
| Net cash provided by (used in) financing activities: | ($23.7m) |
$43.2m
+281.75%
|
($64.1m)
-248.48%
|
($77.3m)
-20.63%
|
($125.6m)
-62.45%
|
($76.8m)
+38.82%
|
$45.4m
+159.06%
|
($4.5m)
-109.88%
|
($65.0m)
-1349.06%
|
($28.2m)
+56.67%
|
($16.6m)
+40.87%
|
|
| Increase (decrease) in cash and cash equivalents | ($14.6m) | $7.0m | ($2.1m) | ($3.0m) | ($19.6m) | $18.7m | ($11.3m) | ($5.8m) | ($6.4m) | ($333k) | — | |
| Cash and cash equivalents at beginning of period | $44.2m | $29.5m | $36.5m | $34.4m | $31.4m | $11.8m | $30.5m | $13.5m | $7.1m | $6.7m | — | |
| Effect of exchange rate changes on cash | $2.2m | $1.2m | ($1.7m) | ($1.6m) | ($1.2m) | $484k | ($371k) | $896k | ($7.4m) | $347k | $830k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Reduction of right-of-use lease asset | — | — | — | — | $2.8m | $2.1m | $2.1m | $2.2m | $2.3m | $2.1m | — | |
| OPEB termination gain | — | — | — | — | — | — | — | $0 | $0 | ($6.3m) | — | |
| Pension settlement loss and (gain) on Other Post-Retirement Benefits termination | — | — | — | — | — | $0 | $0 | $92.3m | $0 | $0 | — | |
| Gain on investment in kaléo | — | — | — | $10.9m | ($60.9m) | $11.9m | $1.4m | ($262k) | ($144k) | $0 | — | |
| (Gain) loss on sale of divested business | — | — | — | — | — | — | $0 | $0 | ($74.9m) | $9.7m | — | |
| Gain on the sale of assets | ($220k) | $553k | ($46k) | ($6.3m) | $0 | — | — | $0 | $0 | ($1.5m) | — | |
| Income taxes recoverable/payable | ($7.1m) | ($24.4m) | $25.0m | $2.6m | $1.6m | $9.0m | ($6.4m) | ($406k) | $137k | $89k | — | |
| Prepaid expenses and other | ($1.9m) | ($784k) | ($1.9m) | $795k | ($2.2m) | $3.6m | ($2.5m) | $1.2m | ($7.2m) | $2.1m | — | |
| Lease liability | — | $0 | $0 | ($2.7m) | ($3.0m) | ($1.9m) | ($2.3m) | ($2.3m) | ($2.7m) | ($2.4m) | — | |
| Pension and postretirement benefit plan contributions | ($8.1m) | ($5.8m) | ($8.9m) | ($8.6m) | ($12.7m) | $5.7m | ($50.7m) | ($28.3m) | ($587k) | ($557k) | — | |
| Other, net | $2.2m | $2.8m | $5.4m | $5.0m | $7.3m | $310k | $870k | $2.8m | $1.8m | $1.8m | — | |
| Proceeds from the sale of kaléo | — | — | — | $0 | $0 | $47.1m | $1.4m | $262k | $144k | $0 | — | |
| Net proceeds on sale of divested business | $0 | $0 | $1.4m | $0 | $56.2m | $0 | $0 | $0 | $54.6m | $9.8m | — | |
| Proceeds from the sale of assets | — | — | — | $10.9m | $0 | $4.7m | $10k | $0 | $83k | $1.9m | — | |
| Repayments of Long-Term Lines of Credit | — | — | — | $125.0m | $70.2m | $136.5m | $249.5m | ($107.7m) | ($679.6m) | ($150.3m) | — | |
| Interest payments | $3.1m | $5.8m | $5.4m | $4.4m | $1.7m | $2.9m | $4.4m | $10.5m | $13.5m | $3.9m | — | |
| Income tax payments, net | $15.4m | $9.2m | ($24.0m) | $2.6m | $1.7m | $4.7m | $10.8m | $2.3m | $12.2m | $3.4m | — |