← TRIMAS 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), Including Portion Attributable to Noncontrolling Interest | ($39.8m) | $31.0m | $83.3m | $98.6m | ($79.8m) | $57.3m | $66.2m | $40.4m | $24.2m | $120.1m | — | |
| Depreciation, Depletion and Amortization | $24.4m | $46.9m | $44.0m | $43.5m | $49.8m | $53.5m | $53.2m | $57.6m | $64.9m | $39.7m | $53.3m | |
| Amortization of Debt Issuance Costs and Discounts | $1.4m | $1.3m | $1.3m | $1.1m | $1.1m | $960k | $910k | $930k | $960k | $950k | — | |
| Amortization of Intangible Assets | $20.5m | $19.9m | $19.4m | $18.6m | $20.8m | $21.6m | $19.1m | $18.2m | $16.8m | $17.3m | — | |
| Depreciation | $24.4m | $26.9m | $24.6m | $24.9m | $29.0m | $31.9m | $34.1m | $39.4m | $48.1m | $39.7m | $39.2m | |
| Amortization Cash Flow | — | — | — | — | — | — | $19.1m | $18.2m | $16.8m | $17.3m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $19.1m | $18.2m | $16.8m | $17.3m | $14.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $53.2m | $57.6m | $64.9m | $57.0m | $53.3m | |
| Deferred Income Tax Expense (Benefit) | ($32.2m) | $15.3m | $6.4m | $4.4m | ($31.7m) | $1.5m | ($1.4m) | ($1.9m) | ($2.5m) | ($41.8m) | ($37.9m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($1.4m) | ($1.7m) | ($3.2m) | ($37.4m) | ($37.9m) | |
| Deferred Tax | — | — | — | — | — | — | ($1.4m) | ($1.7m) | ($3.2m) | ($37.4m) | ($37.9m) | |
| Share-based Payment Arrangement, Noncash Expense | $6.9m | $6.8m | $7.2m | $6.5m | $8.2m | $9.5m | $9.8m | $9.7m | $7.0m | $11.5m | $11.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.6m | $510k | $2.4m | $3.3m | $2.6m | $5.2m | $2.4m | $2.7m | $1.8m | $2.0m | — | |
| Goodwill and Intangible Asset Impairment | $98.9m | $0 | $0 | — | $134.6m | $0 | $0 | $1.1m | $230k | $0 | — | |
| Goodwill, Impairment Loss | $60.2m | — | — | — | $126.8m | — | — | — | — | — | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $1.1m | $230k | $0 | $0 | |
| Nonoperating Income (Expense) | ($14.2m) | ($22.3m) | ($16.1m) | ($13.0m) | ($14.4m) | ($26.0m) | ($11.4m) | ($14.8m) | ($17.1m) | ($17.0m) | — | |
| Other Nonoperating Income (Expense) | ($510k) | ($1.2m) | ($2.2m) | $990k | $240k | ($950k) | $2.7m | $1.1m | $2.4m | $990k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($31.0m) | ($22.4m) | ($34.6m) | $5.7m | $155.4m | |
| Change In Receivables | — | — | — | — | — | — | ($6.7m) | ($5.5m) | ($20.5m) | $1.8m | ($17.3m) | |
| Increase (Decrease) in Inventories | ($5.2m) | ($4.3m) | $18.7m | ($740k) | ($4.0m) | $960k | $7.0m | $7.1m | $21.2m | $4.3m | ($21.1m) | |
| Change In Inventory | — | — | — | — | — | — | ($7.0m) | ($7.1m) | ($21.2m) | ($4.3m) | ($21.1m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($29.1m) | ($14.5m) | $560k | ($2.4m) | $174.3m | |
| Net Cash Provided by (Used in) Operating Activities | $80.5m |
$120.1m
+49.20%
|
$129.3m
+7.71%
|
$75.6m
-41.54%
|
$127.4m
+68.53%
|
$134.2m
+5.34%
|
$72.6m
-45.93%
|
$88.2m
+21.48%
|
$63.8m
-27.65%
|
$117.5m
+84.15%
|
$20.1m
-82.88%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($1.9m) | ($1.1m) | ($250k) | ($150k) | ($1.3m) | ($130k) | $21.9m | ($180k) | $1.0m | $4.7m | ($1.0b) | |
| Capital Expenditure | $31.3m | $36.8m | $25.1m | $29.7m | $40.5m | $45.1m | ($46.0m) | ($54.2m) | ($51.0m) | ($48.4m) | ($31.5m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | $67.1m | $193.5m | $34.3m | $64.1m | $77.3m | $0 | $37.7m | ($570k) | |
| Net Cash Provided by (Used in) Investing Activities | ($31.1m) | ($32.4m) | ($24.8m) | $29.1m | ($232.1m) | ($79.2m) | ($55.0m) | ($134.4m) | ($47.0m) | ($64.0m) | $1.4b | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $13.8m | $257.9m | $0 | $0 | — | — | — | — | — | — | ($476.8m) | |
| Gain (Loss) on Extinguishment of Debt | $0 | ($6.6m) | $0 | — | — | ($10.5m) | $0 | $0 | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $12.0m | $118.0m | $308.9m | $356.3m | $448.4m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $12.0m | $118.0m | $308.9m | $356.3m | $448.4m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($12.0m) | ($117.4m) | ($307.6m) | ($289.9m) | ($476.8m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | $560k | $1.4m | $66.5m | ($28.4m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $0 | $560k | $1.4m | $66.5m | ($28.4m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($48.6m) | $0 | $560k | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($12.0m) | ($117.4m) | ($307.6m) | ($289.9m) | ($476.8m) | |
| Short Term Debt Issuance | — | — | — | — | — | $0 | $12.0m | $118.0m | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($48.6m) | ($12.0m) | ($117.4m) | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | $12.1m | $36.7m | $39.4m | $19.1m | $36.9m | $18.8m | $19.3m | $103.3m | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($6.9m) | ($6.7m) | ($6.6m) | ($6.6m) | ($6.3m) | |
| Common Stock Payments | — | — | — | — | — | — | ($36.9m) | ($18.8m) | ($19.3m) | ($103.3m) | ($174.5m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($36.9m) | ($18.8m) | ($19.3m) | ($103.3m) | ($174.5m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($36.9m) | ($18.8m) | ($19.3m) | ($103.3m) | ($174.5m) | |
| Dividends paid | — | — | — | — | — | $1.7m | $6.9m | $6.7m | $6.6m | $6.6m | ($6.3m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($6.9m) | ($6.7m) | ($6.6m) | ($6.6m) | ($6.3m) | |
| Proceeds from (Payments for) Other Financing Activities | — | ($310k) | $0 | $0 | $0 | — | — | ($3.3m) | ($2.3m) | $290k | — | |
| Net Other Financing Charges | — | — | — | — | — | ($13.6m) | — | ($3.3m) | ($2.3m) | ($970k) | $260k | |
| Net Cash Provided by (Used in) Financing Activities | ($48.1m) |
($80.8m)
-68.07%
|
($23.9m)
+70.37%
|
($40.4m)
-68.52%
|
$6.1m
+115.21%
|
$11.8m
+91.37%
|
($46.2m)
-493.02%
|
($30.9m)
+33.00%
|
($28.6m)
+7.43%
|
($46.5m)
-62.19%
|
($213.6m)
-359.89%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($98.5m) | $66.8m | ($28.6m) | ($77.2m) | ($11.8m) | $7.0m | $1.2b | |
| Beginning Cash Position | — | — | — | — | — | — | $140.7m | $112.1m | $34.9m | $23.1m | $30.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $74.0m | $140.7m | $112.1m | $34.9m | $23.1m | $30.0m | $1.2b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $11.8m | $9.4m | $13.8m | $12.4m | $13.2m | $13.3m | $13.0m | $14.3m | $18.7m | $18.8m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | ($1.9m) | ($1.1m) | ($250k) | ($150k) | ($1.3m) | ($130k) | $21.9m | ($180k) | $1.0m | $4.5m | — | |
| Goodwill | $315.1m | $319.4m | $316.6m | $334.6m | $304.0m | $315.5m | $339.8m | $363.8m | $356.4m | $300.3m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $31.0m | — | $61.9m | ($79.8m) | $57.3m | — | — | — | $72.3m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($39.8m) | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $0 | — | $36.7m | $0 | $0 | — | — | — | $47.8m | — | |
| Income Tax Expense (Benefit) | ($18.4m) | $35.2m | $22.7m | $16.3m | ($22.9m) | $11.8m | $21.5m | $10.2m | $5.8m | ($48.0m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $19.6m | $18.0m | — | |
| Proceeds from Stock Options Exercised | $160k | — | — | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($46.2m) | ($30.9m) | ($28.6m) | ($46.5m) | ($213.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($55.0m) | ($134.4m) | ($47.0m) | ($64.0m) | $1.4b | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($28.6m) | ($77.2m) | ($11.8m) | $7.0m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $5.6m | — | $8.8m | $6.5m | $6.5m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $6.1m | $4.8m | ($2.3m) | $4.0m | $12.9m | |
| Changes In Cash | — | — | — | — | — | — | ($28.6m) | ($77.2m) | ($11.8m) | $7.0m | $1.2b | |
| End Cash Position | — | — | — | — | — | — | $112.1m | $34.9m | $23.1m | $30.0m | $1.2b | |
| Financing Cash Flow | — | — | — | — | — | — | ($46.2m) |
($30.9m)
+33.00%
|
($28.6m)
+7.43%
|
($46.5m)
-62.19%
|
($213.6m)
-359.89%
|
|
| Free Cash Flow | — | — | — | — | — | — | $26.6m | $34.0m | $12.8m | $69.1m | ($11.4m) | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $20.1m | $16.8m | $11.9m | $10.6m | $35.4m | |
| Investing Cash Flow | — | — | — | — | — | — | ($55.0m) | ($134.4m) | ($47.0m) | ($64.0m) | $1.4b | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($64.1m) | ($77.3m) | $0 | ($37.7m) | $1.4b | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $26.2m | ($3.4m) | $0 | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $28.8m | $480k | $4.0m | $22.0m | $22.0m | |
| Operating Gains Losses | — | — | — | — | — | — | ($21.9m) | $180k | ($1.0m) | ($4.5m) | ($1.0b) | |
| Other Non Cash Items | — | — | — | — | — | — | ($2.3m) | $850k | $7.3m | ($33.8m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | ($2.4m) | ($2.7m) | ($1.8m) | ($2.0m) | ($4.6m) | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $0 | $2.5m | ($1.0m) | ($1.2m) | ($160k) | |
| Purchase Of Business | — | — | — | — | — | — | ($64.1m) | ($77.3m) | $0 | ($37.7m) | ($570k) | |
| Purchase Of Investment | — | — | — | — | — | — | — | ($3.4m) | ($3.8m) | $0 | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $26.2m | $0 | $3.8m | $0 | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $28.8m | $480k | $4.0m | $22.0m | $22.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $9.8m | $9.7m | $7.0m | $11.5m | $11.9m |