← ASTEC INDUSTRIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $55.2m | $37.8m | ($60.4m) | $22.3m | $46.9m | $17.8m | ($100k) | $33.5m | $4.3m | $38.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $55.0m | $37.6m | ($60.7m) | $22.2m | $46.9m | $17.9m | ($600k) | $33.7m | $4.1m | $38.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($171k) | ($205k) | ($295k) | ($132k) | $0 | $100k | ($500k) | $200k | ($200k) | $0 | |
| Depreciation, Depletion and Amortization | $24.8m | $25.8m | $27.9m | $26.2m | $26.9m | $30.2m | $27.9m | $25.6m | $26.8m | $36.3m | |
| Amortization | $4.0m | $4.5m | $5.5m | $4.8m | $6.1m | $10.1m | — | — | — | — | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | $0 | $0 | $300k | $300k | $1.2m | |
| Amortization of Intangible Assets | $3.6m | $4.1m | $5.1m | $4.4m | $6.1m | $10.1m | $8.5m | $5.5m | $4.8m | $13.6m | |
| Depreciation | $20.8m | $21.3m | $22.4m | $21.4m | $20.8m | $20.1m | $19.4m | $20.1m | $22.0m | $22.7m | |
| Deferred Income Tax Expense (Benefit) | ($3.5m) | ($291k) | ($25.4m) | $1.7m | $8.6m | ($1.3m) | ($17.1m) | ($6.4m) | ($7.0m) | $400k | |
| Share-based Payment Arrangement, Noncash Expense | $2.9m | $3.1m | $2.2m | $2.6m | $5.1m | $6.0m | $6.8m | $4.1m | $5.0m | $7.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.0m | $507k | $432k | $355k | $800k | $3.5m | $1.8m | $1.6m | $500k | $700k | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $5.1m | $6.0m | $6.8m | $4.1m | $5.0m | $7.1m | |
| Goodwill, Impairment Loss | — | — | $11.2m | $0 | $1.6m | $0 | $0 | $0 | $20.2m | $0 | |
| Restructuring Costs and Asset Impairment Charges | — | — | $13.1m | $250k | $4.4m | $200k | $3.5m | $1.2m | $8.4m | ($400k) | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | $6.2m | $600k | $700k | $3.1m | $1.1m | $200k | |
| Gain (Loss) on Disposition of Business | — | — | — | — | $1.6m | $0 | $0 | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $224k | $388k | $71k | ($255k) | $6.2m | $600k | $700k | $3.1m | $1.1m | $200k | |
| Income Tax Expense (Benefit) | $32.1m | $19.6m | ($25.2m) | $3.0m | ($1.2m) | ($1.4m) | $5.0m | $9.1m | $9.8m | $14.3m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $10.7m | $18.5m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | $0 | $200k | $100k | ($600k) | $2.4m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | ($30.8m) | $19.6m | ($30.8m) | ($61.3m) | ($44.7m) | $53.8m | $96.4m | $63.0m | ($27.4m) | ($11.8m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $431k | $539k | ($618k) | ($1.1m) | ($1.3m) | ($900k) | — | — | — | |
| Gain (Loss) on Investments | — | ($96k) | ($228k) | $202k | $0 | ($300k) | ($900k) | $200k | $0 | $300k | |
| General and Administrative Expense | — | — | — | — | — | — | — | — | $80.4m | $97.8m | |
| Goodwill | $40.8m | $45.7m | $32.7m | $33.2m | $38.7m | $38.6m | $45.2m | $46.3m | $25.0m | $111.8m | |
| Investment Income, Interest | $806k | $1.3m | $952k | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | $529k | $1.2m | $536k | $305k | $2.6m | ($5.0m) | ($1.6m) | $1.0m | ($600k) | $2.4m | |
| Operating Expenses | $153.1m | $160.8m | $180.8m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $134.8m | $41.9m | ($29.8m) | $112.4m | $141.5m | $7.4m | ($73.9m) | $27.8m | $23.0m | $61.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $27.4m | $20.0m | $27.4m | $23.4m | $15.4m | $20.1m | $40.7m | $34.1m | $20.5m | $40.7m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $39.8m | $26.4m | $0 | $0 | $32.5m | ($100k) | $17.8m | $0 | $0 | $248.7m | |
| Payments to Acquire Investments | — | — | — | — | — | $1.0m | $1.0m | $1.0m | $1.1m | $900k | |
| Net Cash Provided by (Used in) Investing Activities | — | ($46.9m) | ($27.4m) | ($21.5m) | ($20.9m) | ($18.4m) | ($53.2m) | ($12.9m) | ($18.0m) | ($287.8m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | $0 | $0 | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | $24.1m | $0 | $0 | — | $10.1m | $0 | $0 | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | ($106k) | — | — | — | — | — | — | — | — | |
| Dividends paid | $9.2m | $9.2m | $9.6m | $9.9m | $10.0m | $10.2m | $11.2m | $11.8m | $11.9m | $11.9m | |
| Net Cash Provided by (Used in) Financing Activities | — | ($16.8m) | $22.7m | ($68.1m) | ($10.4m) | ($12.1m) | $60.1m | ($18.3m) | $24.4m | $206.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($250k) | $1.7m | ($1.9m) | $227k | ($500k) | ($1.1m) | ($1.4m) | $600k | ($1.8m) | $1.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($20.1m) | ($36.5m) | $23.0m | $109.7m | ($24.2m) | ($68.4m) | ($2.8m) | $27.6m | ($18.8m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($20.1m) | ($36.5m) | $48.9m | $158.6m | $134.4m | $66.0m | $63.2m | $90.8m | $72.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $588k | $856k | $1.8m | $300k | $300k | $1.1m | $7.0m | $8.5m | $16.1m | |
| Income Taxes Paid, Net | $28.5m | $26.9m | $8.5m | ($11.3m) | ($20.2m) | $10.0m | $17.7m | $13.8m | $8.2m | $19.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.