← VIRCO MFG CORPORATION
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $22.8m |
($3.2m)
-114.10%
|
($1.6m)
+49.70%
|
$2.4m
+247.58%
|
($2.2m)
-193.70%
|
($15.1m)
-578.14%
|
$16.5m
+209.32%
|
$21.9m
+32.41%
|
$21.6m
-1.21%
|
$2.6m
-88.14%
|
— | |
| Depreciation, Depletion and Amortization | $5.0m | $5.5m | $5.8m | $5.8m | $5.1m | $4.6m | $4.5m | $5.1m | $5.7m | $6.1m | $6.1m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | $0 | $116k | $122k | $115k | $72k | $139k | — | |
| Deferred Income Tax Expense (Benefit) | ($18.1m) | $5.8m | $419k | $209k | ($742k) | $11.3m | ($8.7m) | $800k | $230k | $563k | $537k | |
| Share-based Payment Arrangement, Noncash Expense | $609k | $830k | $908k | $924k | $1.0m | $1.0m | $612k | $595k | $395k | $208k | $192k | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $110k | $412k | $0 | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | $612k | $595k | $395k | $208k | $192k | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($14k) | $1.5m | $1.9m | ($1.4m) | ($2.0m) | $8.1m | $720k | $4.7m | ($10.2m) | $639k | ($2.8m) | |
| Increase (Decrease) in Inventories | $1.7m | $6.9m | $5.2m | ($4.0m) | ($5.1m) | $9.1m | $20.0m | ($9.0m) | ($2.7m) | $1.1m | $5.7m | |
| Net Cash Provided by (Used in) Operating Activities | $5.9m |
$1.7m
-71.31%
|
$2.4m
+40.49%
|
$9.8m
+312.99%
|
$7.8m
-20.08%
|
($401k)
-105.14%
|
($3.8m)
-844.64%
|
$27.0m
+811.72%
|
$33.1m
+22.88%
|
($841k)
-102.54%
|
$8.8m
+1150.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.4m | $6.2m | $5.4m | $4.2m | $2.2m | $3.0m | $3.3m | $5.2m | $6.3m | $5.9m | ($4.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $2k | $16k | $1k | ($34k) | $7k | $0 | $634k | $493k | $1.8m | $197k | ($762k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $2k | $16k | $1k | ($34k) | $7k | $0 | $2k | ($4k) | $1.8m | $197k | ($762k) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | $194k | $1.1m | $1.4m | $239k | ($239k) | |
| Net Cash Provided by (Used in) Investing Activities | ($4.5m) | ($13.3m) | ($5.4m) | ($4.3m) | ($2.1m) | ($2.4m) | ($3.3m) | ($4.8m) | ($5.6m) | ($5.7m) | ($4.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $38.6m | $25.1m | $50.0m | $44.5m | $38.5m | $25.7m | $42.3m | $59.4m | $23.4m | $258k | ($260k) | |
| Proceeds from Issuance of Long-term Debt | $37.4m | $36.7m | $54.7m | $39.8m | $32.2m | $29.8m | $49.6m | $42.0m | $23.2m | $0 | $0 | |
| Payments for Repurchase of Common Stock | $264k | $339k | $265k | $246k | $156k | $176k | $213k | $110k | $3.8m | $4.0m | — | |
| Dividends paid | — | — | $930k | $0 | — | — | — | $327k | $1.5m | $1.6m | ($1.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($1.4m) |
$11.3m
+899.08%
|
$3.3m
-70.97%
|
($5.1m)
-254.73%
|
($6.4m)
-26.00%
|
$3.7m
+158.16%
|
$6.8m
+82.84%
|
($18.0m)
-363.60%
|
($6.0m)
+66.70%
|
($5.9m)
+2.17%
|
($2.0m)
+65.03%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($27k) | ($254k) | $204k | $412k | ($748k) | $957k | ($302k) | $4.2m | $21.6m | ($12.4m) | $3.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $1.4m | $1.1m | $5.3m | $26.9m | $14.4m | $3.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $1.5m | $2.2m | $2.5m | $1.5m | $1.2m | $2.0m | $2.7m | $349k | $300k | — | |
| Income Taxes Paid, Net | $49k | $46k | $96k | $81k | ($309k) | $37k | $67k | $6.3m | $10.7m | $108k | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $9k | $5k | $9k | $7k | $6k | $6k | $7k | $7k | $33k | $60k | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | $0 | $0 | ($538k) | $0 | $0 | ($298k) | ($70k) | ($375k) | $0 | ($26k) | — | |
| Income Tax Expense (Benefit) | ($18.0m) | $5.6m | $497k | $345k | ($744k) | $11.4m | ($8.5m) | $7.3m | $6.8m | $895k | — | |
| Payments of Financing Costs | — | — | $249k | $125k | $0 | $169k | $200k | $175k | $50k | $20k | — |