← UNIFIRST 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 | $125.0m | $70.2m | $163.9m | $179.1m | $135.8m | $151.1m | $103.4m | $103.7m | $145.5m | $148.3m | — | |
| Depreciation, Depletion and Amortization | $81.6m | $88.9m | $96.7m | $103.3m | $104.7m | $106.0m | $108.8m | $121.2m | $141.4m | $140.4m | $142.2m | |
| Amortization of Debt Issuance Costs and Discounts | $184k | $112k | $112k | $112k | $112k | $147k | $164k | — | — | — | — | |
| Amortization of Intangible Assets | $8.6m | $12.8m | $13.3m | — | — | — | — | $14.7m | $18.8m | $17.0m | — | |
| Depreciation | $73.0m | $76.1m | $83.4m | $103.3m | $104.7m | $106.0m | $108.8m | $121.2m | $141.4m | $140.4m | $142.2m | |
| Deferred Income Tax Expense (Benefit) | $12.0m | ($737k) | ($9.0m) | $8.7m | ($12.4m) | ($1.1m) | $17.7m | $22.7m | $5.7m | $2.9m | ($5.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $5.6m | $12.5m | $4.6m | $5.8m | $6.0m | $7.0m | $9.1m | $9.1m | $9.8m | $12.2m | $12.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $6.0m | $2.4m | $3.2m | $2.8m | $3.7m | $4.1m | $4.1m | $2.9m | $3.2m | $4.5m | — | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Nonoperating Income (Expense) | $2.2m | $4.8m | $4.9m | $5.9m | $5.2m | $1.0m | ($26k) | $5.2m | $5.8m | $10.9m | — | |
| Other Nonoperating Income (Expense) | — | $571k | ($673k) | ($3.2m) | ($1.2m) | ($1.5m) | ($2.9m) | ($1.5m) | ($1.4m) | $1.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | ($1.5m) | ($1.9m) | $11.1m | $10.7m | $5.1m | $37.2m | $8.1m | ($4.0m) | $8.5m | ($12.3m) | $1.4m | |
| Increase (Decrease) in Accounts Payable | $49k | $9.6m | $4.6m | $3.4m | ($10.7m) | $15.1m | ($927k) | $10.1m | ($4.1m) | $2.3m | $13.1m | |
| Net Cash Provided by (Used in) Operating Activities | $207.6m |
$218.3m
+5.12%
|
$230.1m
+5.41%
|
$282.1m
+22.63%
|
$286.7m
+1.61%
|
$212.3m
-25.95%
|
$122.6m
-42.23%
|
$215.8m
+75.92%
|
$295.3m
+36.85%
|
$296.9m
+0.54%
|
$239.7m
-19.24%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $98.2m | $108.6m | $112.7m | $119.8m | $116.7m | $133.6m | $144.3m | $172.0m | $160.4m | $154.3m | ($151.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | $567k | $232k | — | — | — | — | $762k | $561k | ($2.1m) | $783k | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | $762k | $561k | $2.1m | $783k | |
| Cash, Cash Equivalents, and Short-term Investments | — | $349.8m | $270.5m | $385.3m | $474.8m | $512.9m | — | — | — | — | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | $117.0m | $24.6m | $20.4m | ($11.3m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $16.6m | $125.5m | $42.7m | $4.9m | $41.2m | $8.4m | $44.2m | $306.2m | $203k | $11.9m | ($22.3m) | |
| Payments for (Proceeds from) Other Investing Activities | ($149k) | ($98k) | $263k | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($114.7m) | ($233.0m) | ($153.9m) | ($124.3m) | ($157.6m) | ($141.5m) | ($186.5m) | ($487.6m) | ($162.2m) | ($155.0m) | ($178.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $1.3m | $0 | $0 | — | — | — | — | — | — | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | — | — | — | — | — | — | — | — | $0 | |
| Payments for Repurchase of Common Stock | $0 | $0 | $146.0m | $30.5m | $21.7m | $11.2m | $44.4m | $0 | $23.8m | $70.9m | — | |
| Dividends paid | $2.9m | $2.9m | $4.2m | $8.3m | $15.7m | $18.1m | $20.8m | $22.1m | $23.3m | $24.6m | ($25.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($5.6m) |
($2.2m)
+61.34%
|
($152.9m)
-6909.53%
|
($41.5m)
+72.87%
|
($41.1m)
+0.94%
|
($34.3m)
+16.66%
|
($69.4m)
-102.71%
|
($25.8m)
+62.79%
|
($50.4m)
-94.90%
|
($101.2m)
-100.86%
|
($110.7m)
-9.46%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $87.2m | ($14.0m) | ($79.2m) | $114.8m | $89.5m | $38.0m | ($136.5m) | ($297.0m) | $82.1m | $41.9m | $162.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $763k | $801k | $538k | $750k | $637k | $685k | $838k | $1.3m | $1.2m | $1.1m | — | |
| Income Taxes Paid, Net | $73.7m | $62.2m | $28.4m | $28.4m | $58.4m | $56.4m | $24.6m | $8.5m | $33.7m | $37.2m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $826k | $853k | $935k | $865k | $929k | $985k | $970k | $923k | $976k | $875k | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($332k) | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $21.1m | $21.1m | — | — | — | — | — | — | |
| Goodwill | $320.6m | $376.1m | $397.4m | $401.2m | $424.8m | $429.5m | $457.3m | $647.9m | $648.9m | $657.7m | — | |
| Income Tax Expense (Benefit) | $78.3m | $44.9m | $23.4m | $58.8m | $42.1m | $45.8m | $30.9m | $35.2m | $43.9m | $47.1m | — | |
| Investment Income, Interest | $3.5m | — | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | $15.2m | $16.2m | $18.3m | $18.4m | $21.8m | $22.7m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $215k | $180k | $46k | $153k | $151k | ($34k) | — | — | — | — | — | |
| Payments of Financing Costs | $813k | $0 | $0 | — | — | $822k | $0 | $851k | $0 | $1.2m | — | |
| Pension Cost (Reversal of Cost) | $2.4m | $2.5m | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $5.3m | $3.1m | $461k | $51k | $73k | $4k | — | — | — | $4k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.