← COHU 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 $3.0m $32.8m ($32.2m) ($69.7m) ($13.8m) $167.3m $96.8m $28.2m ($69.8m) ($74.3m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — ($32.4m) ($69.7m) ($13.8m) $167.3m — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $3.3m $33.1m ($32.5m) ($69.0m) ($13.8m) $167.3m $96.8m — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($221k) ($278k) $119k ($697k) $42k $0 $0 — — —
Net Income (Loss) Attributable to Noncontrolling Interest — — ($243k) $8k $0 $0 — — — —
Depreciation, Depletion and Amortization $10.4m $9.2m $26.0m $58.9m $52.7m $48.6m $46.0m $49.7m $52.5m $50.7m
Amortization of Debt Issuance Costs — — $300k $1.1m $1.2m $600k $300k $100k $8k $400k
Amortization of Debt Issuance Costs and Discounts — — $0 $1.1m $1.2m $643k $315k $146k $8k $422k
Amortization of Intangible Assets $6.9m $4.2m $17.2m $39.6m $38.7m $35.4m $33.2m $36.4m $39.1m $37.5m
Capitalized Computer Software, Amortization — — — — $1.2m $1.6m $2.1m $2.8m $2.8m $2.8m
Depreciation $3.5m $5.0m $8.8m $19.3m $14.0m $13.2m $12.8m $13.4m $13.4m $13.2m
Deferred Income Tax Expense (Benefit) ($1.1m) ($3.8m) ($8.2m) ($5.4m) ($5.3m) $953k ($3.5m) ($4.8m) ($3.7m) ($1.8m)
Share-based Payment Arrangement, Noncash Expense $7.1m $7.0m $18.3m — — — $14.9m $17.2m $20.7m $23.0m
Share-based Payment Arrangement, Expense $7.1m $7.0m $10.1m $14.1m $14.2m $13.8m $14.9m $17.2m $20.7m $23.0m
Equity Method Investment, Other than Temporary Impairment — — — — — — $0 $0 $903k $0
Gain (Loss) on Sale of Assets and Asset Impairment Charges ($31k) $42k ($293k) ($173k) $4.2m ($1k) $203k $4k $176k $141k
Goodwill, Impairment Loss — — — $715k — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — $11.2m $100k $0 $0 — —
Operating Lease, Impairment Loss — — — $200k — — — — — —
Gain (Loss) on Disposition of Business — — — — — $70.8m $0 $0 — —
Gain (Loss) on Disposition of Property Plant Equipment — — $293k $173k $4.5m $0 $0 ($4k) ($176k) ($141k)
Gain (Loss) on Extinguishment of Debt — — $0 $0 $268k ($3.4m) ($312k) ($369k) ($241k) $0
Income Tax Expense (Benefit) $2.7m $2.2m $631k ($3.1m) $666k $25.0m $29.9m $17.7m $4.9m $11.9m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $4.6m $3.3m ($5.8m) ($21.1m) $20.2m $59.1m ($12.5m) ($61.9m) ($34.9m) $14.5m
Increase (Decrease) in Inventories ($4.6m) $12.2m ($2.0m) ($26k) $15.0m $35.9m $18.5m ($12.8m) ($6.4m) ($4.3m)
Increase (Decrease) in Accounts Payable $5.7m $4.2m ($7.1m) ($3.1m) $15.1m $17.3m ($33.1m) ($21.4m) ($3.6m) $10.3m
Deconsolidation, Gain (Loss), Amount — — — $149k $0 $0 — — — —
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — — — $70.8m $0 $0 — —
Foreign Currency Transaction Gain (Loss), before Tax — — $1.7m $43k ($3.2m) $411k $1.6m ($5.2m) ($2.4m) ($783k)
Foreign Currency Transaction Gain (Loss), Realized $2.6m $3.0m $1.7m — ($3.2m) $400k $1.6m $5.2m ($2.4m) ($800k)
Goodwill $58.8m $65.6m $242.1m $238.7m $252.3m $219.8m $213.5m $241.7m $234.6m $283.0m
Inventory Write-down — — $9.4m — — — — — — —
Pension Expense (Reversal of Expense), Noncash — — — — — — — — — ($2.2m)
Revenue from Contract with Customer, Including Assessed Tax — — $451.8m $583.3m $636.0m $887.2m $812.8m $636.3m $401.8m $453.0m
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — ($278k) — ($1.1m) — — — — — —
Net Cash Provided by (Used in) Operating Activities $24.5m $39.8m $34.4m $17.3m $49.7m $97.7m $112.9m $101.5m $2.8m $31.7m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.5m $6.1m $5.0m $18.0m $18.7m $12.0m $14.8m $16.1m $10.6m $21.0m
Payments to Acquire Businesses, Net of Cash Acquired — $11.7m — — $0 — — — — —
Net Cash Provided by (Used in) Investing Activities ($32.9m) ($7.0m) ($322.3m) ($16.5m) ($18.4m) $39.9m ($67.9m) ($30.2m) $21.9m ($257.0m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — $348.2m — $0 — — — — —
Repayments of Long-term Debt — $1.6m $2.3m $3.8m $41.1m $206.1m $38.2m $38.8m $31.3m $1.7m
Proceeds from Issuance of Common Stock — — — — — $223.1m $0 $0 — —
Payments for Repurchase of Common Stock — — — — — $7.3m $50.7m $23.6m $27.0m $8.6m
Payments of Ordinary Dividends, Common Stock $6.4m $6.6m $6.9m $9.8m $5.0m $0 $0 — — —
Dividends Payable $1.6m $1.7m $2.4m $2.5m $0 — — — — —
Net Cash Provided by (Used in) Financing Activities ($6.7m) $2.1m $322.1m ($8.2m) ($38.1m) $6.7m ($91.1m) ($68.1m) ($59.0m) $246.3m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($4.2m) $3.4m ($3.6m) ($1.5m) $129k ($3.5m) ($1.8m) $60k ($4.8m) ($355k)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($4.2m) $3.4m ($3.6m) ($1.5m) ($6.6m) $140.8m ($47.9m) $3.2m ($39.1m) $20.6m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $242.3m $245.5m $206.4m $227.1m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $5.0m $14.8m $16.3m $6.3m $3.4m $3.4m $803k $536k
Income Taxes Paid, Net $6.8m $7.1m $6.2m $14.9m $5.8m $22.7m $23.1m $44.3m $24.9m ($2.8m)

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