← BIRKS GROUP 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 $5.4m $4.9m $11.7m ($18.7m) ($12.8m) ($5.8m) $1.3m ($7.4m) ($4.6m) ($12.8m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — ($16.8m) ($18.3m) ($12.2m) ($5.8m) $1.3m — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — $28.5m ($381k) ($552k) — — — — —
Depreciation, Depletion and Amortization $5.3m $5.1m $2.5m $3.9m $4.8m $5.5m $5.8m $5.7m $6.6m $7.7m
Depreciation, Depletion and Amortization, Nonproduction $5.3m $5.1m $2.5m $3.9m $4.8m $5.5m $5.8m $5.7m $6.6m $7.7m
Amortization of Debt Issuance Costs and Discounts $973k $947k $232k $332k $288k $282k $250k $190k $214k $134k
Deferred Income Tax Expense (Benefit) $1.6m $550k ($2.6m) ($4.8m) ($3.2m) ($1.6m) $1.8m ($1.9m) ($1.3m) $3.1m
Deferred Other Tax Expense (Benefit) ($1.6m) ($5.9m) $2.6m $4.8m $3.2m $1.6m ($1.8m) $1.9m $1.3m $3.1m
Share-based Payment Arrangement, Noncash Expense — — — — — — $359k $232k $26k $222k
Share-based Payment Arrangement, Expense — — — — — — $800k — — —
Financing Interest Expense — — — — — — — — — $8.1m
Gain (Loss) on Disposition of Assets $3.2m — — — — — — — — —
Income (Loss) from Equity Method Investments — — — — — — — $2.0m $2.2m $2.4m
Income Tax Expense (Benefit) $50k ($5.3m) $0 $0 $0 $0 $0 $0 $0 $0
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $6.7m ($5.2m) ($101k) $6.7m $10.4m ($4.1m) ($18.9m) $9.4m $10.7m $17.2m
Increase (Decrease) in Accounts Payable $2.7m $838k $599k $5.6m $18.7m ($10.6m) ($9.7m) $9.0m $5.5m $15.3m
Accounts Receivable, Credit Loss Expense (Reversal) — — — — — $546k $303k $538k $555k $122k
Proceeds from Stock Options Exercised — — — — — $876k $348k $422k $0 $23k
Accrued capital expenditures $6.5m $5.1m $5.1m $11.6m $5.8m $3.0m $4.6m $8.4m $6.3m $7.0m
Gain (Loss) on Termination of Lease — — — — — — — — ($31k) —
Operating Expenses $93.9m $100.1m $57.2m $72.2m $71.0m $59.2m $71.8m $71.8m $72.3m $71.8m
Payments of Financing Costs $444k $1.2m — — — — — — — —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — $29.9m — $0 — — — — —
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax — — ($1.4m) ($381k) ($552k) — — — — —
Net Cash Provided by (Used in) Operating Activities $4.7m $7.3m ($29.3m) ($4.7m) ($4.4m) ($1.7m) $18.6m ($6.9m) ($170k) ($1.9m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $6.5m $5.1m $5.1m $11.6m $5.8m $3.0m $4.6m $8.4m $6.3m $7.0m
Payments for (Proceeds from) Other Investing Activities $37k $12k — — — — — — — —
Net Cash Provided by (Used in) Investing Activities — ($5.1m) $98.9m ($13.6m) ($6.4m) ($3.0m) ($5.8m) ($9.4m) ($7.2m) ($7.5m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $2.5m — $3.0m $12.5m $0 $10.0m $428k $2.7m $1.6m $0
Repayments of Long-term Debt $3.0m $8.8m $5.8m $3.1m $831k — $2.8m $2.1m $2.0m $1.9m
Proceeds from (Payments for) Other Financing Activities ($25k) ($50k) ($142k) ($109k) ($127k) — — — — —
Net Cash Provided by (Used in) Financing Activities ($2.1m) ($2.6m) ($70.5m) $18.5m $10.2m $6.0m ($12.6m) $15.6m $7.9m $9.2m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — — — $1.8m $1.5m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $8.5m $3.6m $3.7m $3.8m $3.8m $3.5m $5.1m $7.8m $8.5m

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