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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 $16.2m $4.0m $13.5m $4.0m $27.2m $33.8m $28.5m $8.8m $15.3m $9.0m
Depreciation and amortization $2.9m $2.4m $2.3m $2.0m $2.3m $2.4m $3.0m $2.6m $3.9m $4.2m
Amortization of Intangible Assets $1.2m $832k $747k $352k $332k $358k $804k $545k $532k $470k
Depreciation $1.7m $1.6m $1.6m $1.7m $1.9m $2.1m $2.2m $2.1m $3.4m $3.8m
Deferred Income Tax Expense (Benefit) ($9.5m) $4.9m $2.3m ($16.3m) $8.7m $3.5m $2.0m $1.5m ($4.5m) $1.8m
Share-based Payment Arrangement, Noncash Expense $2.4m $2.3m $3.3m $5.3m $8.8m $14.2m $15.1m $11.4m $8.2m $6.5m
Share-based Payment Arrangement, Expense $2.4m $2.3m $3.3m $5.3m $8.8m $14.2m $15.1m $11.4m $8.2m $6.5m
Goodwill, Impairment Loss — — — — — — — — $0 $0
Income Tax Expense (Benefit) ($8.6m) $5.6m $3.1m ($15.3m) $9.4m $5.9m $5.7m $5.6m ($215k) $4.6m
Other Nonoperating Income (Expense) ($160k) ($10k) $228k ($1.8m) ($1.7m) $123k $2.9m — — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($174k) ($3.4m) $220k $5.2m $7.0m $14.4m $20.6m ($1.6m) $3.8m $8.7m
Increase (Decrease) in Inventories ($445k) $230k $6.3m $5.9m ($1.5m) $4.5m ($12.7m) ($7.8m) ($12.3m) ($9.3m)
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — — — — — ($882k) $0
Gain (Loss) on Termination of Lease — — — — — $743k $743k — — —
General and Administrative Expense $6.4m $8.9m $10.3m $11.8m $14.2m $15.9m $17.5m $16.5m $17.7m $15.8m
Goodwill $36.2m $36.2m $36.2m $36.2m $36.2m $37.6m $37.6m $37.6m $37.6m $37.6m
Inventory Write-down $2.2m $1.9m $1.9m $4.5m $4.2m $1.7m — $1.1m $4.8m $3.3m
Marketable Securities, Unrealized Gain (Loss) $349k $17k $12k $32k — ($1.4m) ($5.4m) $218k $882k $0
Operating Expenses $80.6m $88.2m $94.2m $104.5m $111.5m $131.4m $147.5m $143.9m $141.0m $145.6m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $1.0m $1.6m ($245k) — — — — — — —
Net Cash Provided by (Used in) Operating Activities $18.3m $17.8m $25.6m $23.2m $38.5m $47.3m $8.3m $14.9m $35.3m $29.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.5m $1.6m $1.3m $1.9m $1.5m $1.2m $1.5m $6.0m $24.3m $6.5m
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 — — — — — — — —
Net Cash Provided by (Used in) Investing Activities $14.1m $8.4m ($1.1m) $29.6m ($139.3m) $42.6m ($19.7m) $20.0m $17.8m ($1.5m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $0 — — — $85.4m $0 $0 — — —
Payments for Repurchase of Common Stock $29.4m $25.6m $14.3m $8.0m $0 $41.9m $38.1m $18.3m $14.3m $30.6m
Dividends paid — — $5.8m $6.7m $8.4m $10.9m $11.6m $11.4m $10.9m $10.9m
Net Cash Provided by (Used in) Financing Activities ($27.0m) ($26.3m) ($17.2m) ($14.5m) $77.1m ($51.5m) ($48.6m) ($28.9m) ($24.9m) ($41.3m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $7.3m $38.3m ($23.7m) $38.5m ($60.0m) $6.0m $28.2m ($13.5m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $31.5m $69.8m $46.0m $84.5m $24.5m $30.5m $58.7m $45.3m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $297k $267k $205k $204k $455k $0 $0 — —
Income Taxes Paid, Net $612k $741k $933k $1.1m $835k $1.6m $4.0m $4.2m $5.8m $3.8m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.