← TWIN DISC 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 | ($13.1m) |
($6.3m)
+51.97%
|
$9.5m
+251.38%
|
$10.7m
+12.02%
|
($39.8m)
-473.06%
|
($29.7m)
+25.36%
|
$8.1m
+127.24%
|
$10.4m
+28.23%
|
$11.0m
+5.86%
|
($1.9m)
-117.24%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | $9.3m |
$10.5m
+13.10%
|
($39.8m)
-478.31%
|
($29.7m)
+25.36%
|
$8.1m
+127.24%
|
$10.4m
+28.23%
|
$11.0m
+5.86%
|
($1.9m)
-117.24%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($13.0m) | ($6.1m) | $9.6m | $10.8m | ($39.6m) | ($29.5m) | $8.4m | $10.7m | $11.2m | ($1.6m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $91k | $179k | $119k | $123k | $246k | $200k | $311k | $297k | $258k | $295k | — | |
| Depreciation, Depletion and Amortization | $8.8m | $7.0m | $6.5m | $9.3m | $11.9m | $11.2m | $9.5m | $9.4m | $10.0m | $14.9m | $14.9m | |
| Amortization of Intangible Assets | $165k | $168k | $149k | $2.7m | $4.5m | $3.4m | $3.2m | $3.0m | $3.3m | $4.0m | — | |
| Depreciation | $8.7m | $6.8m | $6.3m | $6.7m | $7.4m | $7.9m | $6.4m | $6.4m | $6.7m | $10.0m | $6.7m | |
| Deferred Income Tax Expense (Benefit) | ($12.2m) | ($4.2m) | $3.0m | $6.8m | ($8.1m) | $17.7m | ($849k) | ($634k) | ($560k) | ($1.6m) | ($23.9m) | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $190k | $140k | $422k | $1.0m | $913k | $224k | $487k | $463k | $1.8m | $1.3m | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $27.6m | $0 | — | — | — | — | — | |
| Goodwill, Impairment Loss | $7.6m | $2.5m | — | $0 | $25.4m | — | — | — | — | — | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $2.2m | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | $1.3m | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | $2.2m | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | — | ($8.1m) | — | |
| Other Nonoperating Income (Expense) | ($420k) | ($320k) | ($282k) | ($2.1m) | ($1.7m) | ($3.4m) | $1.3m | $658k | $1.6m | ($5.5m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($18.4m) | $5.9m | $13.8m | ($11.2m) | ($13.1m) | $7.8m | $8.4m | $8.4m | ($9.5m) | $2.0m | ($2.0m) | |
| Increase (Decrease) in Inventories | ($10.1m) | ($624k) | $17.5m | $27.7m | ($6.8m) | ($9.1m) | $18.6m | $2.8m | ($6.0m) | $9.7m | ($9.7m) | |
| Inventory Write-down | — | — | — | — | — | — | — | — | — | $1.6m | — | |
| Increase (Decrease) in Accounts Payable | ($6.3m) | $6.0m | $6.8m | ($1.0m) | ($3.3m) | $4.6m | ($638k) | $7.1m | ($5.2m) | $2.4m | $2.4m | |
| Other Operating Income (Expense), Net | — | — | — | $1.6m | — | — | $3.3m | $4.1m | $0 | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $3.4m |
$3.2m
-6.28%
|
$6.5m
+104.88%
|
($5.5m)
-183.87%
|
$9.1m
+266.97%
|
$6.5m
-28.41%
|
($8.3m)
-227.33%
|
$22.9m
+375.48%
|
$33.7m
+47.24%
|
$24.0m
-28.88%
|
$18.8m
-21.66%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.2m | $3.1m | $6.3m | $12.0m | $10.7m | $4.5m | $4.7m | $7.9m | $8.7m | $15.2m | ($18.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $60.2m | — | — | — | — | — | — | ($890k) | |
| Payments for (Proceeds from) Other Investing Activities | $270k | $126k | $128k | $233k | $159k | $133k | ($675k) | ($333k) | $184k | $653k | — | |
| Net Cash Provided by (Used in) Investing Activities | $1.1m | ($3.0m) | ($6.3m) | ($66.9m) | ($10.1m) | ($2.7m) | $5.9m | ($408k) | ($32.1m) | ($32.9m) | ($19.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $8.2m | $0 | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $2.0m | — | — | — | — | — | — | — | $1.7m | $2.3m | ($2.3m) | |
| Proceeds from Issuance of Common Stock | — | — | — | $32.2m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($8.1m) |
($2.4m)
+69.71%
|
($2.1m)
+15.40%
|
$69.2m
+3447.53%
|
($1.1m)
-101.53%
|
($4.3m)
-309.19%
|
$4.1m
+193.91%
|
($19.5m)
-581.28%
|
$2.8m
+114.12%
|
($965k)
-135.04%
|
($1.5m)
-56.99%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.1m) | $400k | $663k | $401k | ($1.7m) | $1.7m | $181k | $742k | $6.8m | ($4.0m) | $14.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($192k) | ($109k) | $304k | $1.9m | $1.9m | $2.4m | $2.3m | $2.2m | $1.4m | $2.2m | — | |
| Income Taxes Paid, Net | — | — | ($7k) | $1.9m | $3.5m | $3.3m | $3.2m | $3.6m | $1.7m | $3.8m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($320k) | ($318k) | ($198k) | ($681k) | ($570k) | ($2.1m) | ($714k) | $373k | ($377k) | ($4.8m) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $3.1m | $4.3m | $91k | $98k | — | |
| Gain (Loss) on Disposition of Business | — | — | — | $768k | — | — | — | — | — | — | — | |
| Goodwill | $5.1m | $2.6m | $2.7m | $26.0m | $0 | $0 | $0 | $0 | — | $2.9m | $0 | |
| Income Tax Expense (Benefit) | ($12.3m) | ($3.4m) | $4.8m | $3.7m | ($4.2m) | $19.7m | $1.8m | $3.8m | $4.1m | $3.4m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.4m | $2.6m | — | |
| Investment Income, Interest | $147k | $72k | $55k | $43k | $78k | $19k | $28k | $33k | $64k | $67k | — | |
| Proceeds from Stock Options Exercised | $12k | — | $29k | $36k | — | — | — | — | — | — | — | |
| Restructuring Costs | $354k | $92k | $238k | — | $2.3m | $6.6m | ($1.3m) | $137k | ($82k) | $39k | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $240.7m | $302.7m | $246.8m | $218.6m | $242.9m | $277.0m | $295.1m | $340.7m | — |