← CSW INDUSTRIALS, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $96.6m | $102.5m | $137.5m | $112.8m | |
| Net Income (Loss) Attributable to Parent | $11.1m | ($11.9m) | $45.6m | $45.9m | $40.3m | $66.4m | $96.4m | $101.6m | $136.7m | $112.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $67.3m | $96.6m | $102.5m | $137.5m | $112.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $32.7m | $46.1m | $44.8m | $40.3m | $67.3m | $96.6m | — | $137.5m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | ($44.6m) | ($478k) | $1.1m | $0 | $0 | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | $934k | $139k | $891k | $832k | $802k | |
| Depreciation, Depletion and Amortization | $15.8m | $14.9m | $13.8m | $14.8m | $23.0m | $36.4m | $35.0m | $38.3m | $42.2m | $15.9m | |
| Amortization of Deferred Charges | — | — | — | — | — | — | — | — | $28.8m | $1.1m | |
| Amortization of Intangible Assets | $7.7m | $7.1m | $6.2m | $6.7m | $10.5m | $24.8m | $22.1m | $22.9m | $26.3m | $47.3m | |
| Depreciation | $7.9m | $7.7m | $7.4m | $7.9m | $9.2m | $11.6m | $12.8m | $14.0m | $14.2m | $15.9m | |
| Amortization Cash Flow | — | — | — | — | — | — | $22.7m | $22.9m | $28.0m | $51.2m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $22.7m | $22.9m | $28.0m | $51.2m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $35.6m | $36.9m | $42.2m | $67.1m | |
| Deferred Income Tax Expense (Benefit) | $2.1m | $1.9m | $481k | $351k | ($1.1m) | ($1.9m) | ($6.2m) | ($2.4m) | ($6.6m) | ($4.8m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($6.0m) | ($2.5m) | ($6.9m) | ($6.0m) | |
| Deferred Tax | — | — | — | — | — | — | ($6.0m) | ($2.5m) | ($6.9m) | ($6.0m) | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | $9.4m | $8.1m | |
| Share-based Payment Arrangement, Expense | $2.8m | $3.7m | $3.9m | $5.1m | $5.1m | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.5m | |
| Impairment of Intangible Assets (Excluding Goodwill) | $3.0m | $0 | $0 | $951k | $0 | $0 | $156k | $1.6m | $0 | $15.6m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $2.8m | $69k | — | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $156k | $1.6m | $0 | $15.6m | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($221k) | $70k | $4.3m | $833k | $23k | $85k | ($104k) | $2.7m | ($35k) | ($756k) | |
| Income Tax Expense (Benefit) | $10.5m | $15.6m | $15.4m | $12.8m | $10.8m | $24.1m | $29.3m | $37.9m | $42.6m | $32.7m | |
| Other Nonoperating Income (Expense) | $1.8m | ($150k) | $2.4m | ($7.1m) | ($6.0m) | ($466k) | $42k | ($5.9m) | ($862k) | ($737k) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $5.8m | $2.7m | $3.8m | $8.0m | $7.2m | $26.7m | ($1.1m) | $17.9m | $9.1m | $27.1m | |
| Increase (Decrease) in Inventories | $36k | ($992k) | $5.5m | $1.7m | $3.4m | $49.4m | $11.4m | ($10.4m) | $35.7m | $36.8m | |
| Goodwill | $80.9m | $81.8m | $86.3m | $91.7m | $218.8m | $224.7m | $242.7m | $247.2m | $264.1m | $632.6m | |
| Payments of Financing Costs | $0 | $421k | $0 | $0 | $148k | $2.3m | $710k | — | $0 | $5.3m | |
| Pension Cost (Reversal of Cost) | ($1.1m) | ($1.1m) | ($416k) | ($121k) | $163k | $31k | $150k | — | $66k | $67k | |
| Proceeds from Contributed Capital | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $2.2m | $328k | $0 | $0 | $1.3m | $1.3m | $272k | $0 | $0 | — | |
| Beginning Cash Position | — | — | — | — | — | — | $16.6m | $18.5m | $22.2m | $225.8m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($49.3m) | ($117.0m) | $138.0m | $701.5m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($69.7m) | ($42.5m) | ($102.2m) | ($1.0b) | |
| Change In Account Payable | — | — | — | — | — | — | ($7.0m) | $12.3m | $21.7m | $10.7m | |
| Change In Inventory | — | — | — | — | — | — | ($11.4m) | $10.4m | ($35.7m) | ($36.8m) | |
| Change In Other Current Assets | — | — | — | — | — | — | $458k | $1.1m | $1.4m | $782k | |
| Change In Other Working Capital | — | — | — | — | — | — | ($219k) | $557k | ($2.0m) | ($5.7m) | |
| Change In Payable | — | — | — | — | — | — | ($7.0m) | $12.3m | $21.7m | $10.7m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($7.0m) | $12.3m | $21.7m | $10.7m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($1.3m) | $4.6m | ($1.4m) | ($5.2m) | |
| Change In Receivables | — | — | — | — | — | — | $1.1m | ($17.9m) | ($9.1m) | ($27.1m) | |
| Change In Working Capital | — | — | — | — | — | — | ($18.4m) | $11.1m | ($25.1m) | ($63.2m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $1.1m | ($17.9m) | ($9.1m) | ($27.1m) | |
| Changes In Cash | — | — | — | — | — | — | $2.4m | $4.8m | $204.2m | ($191.9m) | |
| End Cash Position | — | — | — | — | — | — | $18.5m | $22.2m | $225.8m | $33.8m | |
| Financing Cash Flow | — | — | — | — | — | — | ($49.3m) | ($117.0m) | $138.0m | $701.5m | |
| Free Cash Flow | — | — | — | — | — | — | $107.5m | $147.8m | $152.1m | $132.4m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $104k | ($2.7m) | $35k | $756k | |
| Investing Cash Flow | — | — | — | — | — | — | ($69.7m) | ($42.5m) | ($102.2m) | ($1.0b) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $347.4m | $0 | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($55.9m) | ($29.8m) | ($84.7m) | ($1.0b) | |
| Operating Gains Losses | — | — | — | — | — | — | $254k | ($2.6m) | $101k | $823k | |
| Other Non Cash Items | — | — | — | — | — | — | — | $769k | $2.9m | $1.1m | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $150k | $67k | $66k | $67k | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $1.3m | $272k | $0 | $0 | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $3.5m | $5.0m | $4.1m | $6.5m | |
| Purchase Of Business | — | — | — | — | — | — | ($55.9m) | ($29.8m) | ($84.7m) | ($1.0b) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($39.1m) | ($15.3m) | ($27.7m) | ($132.7m) | |
| Stock Based Compensation | — | — | — | — | — | — | $9.8m | $11.5m | $13.6m | $14.9m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | ($339k) | $0 | $0 | — | $0 | ($453k) | $0 | $0 | — | |
| Net Cash Provided by (Used in) Operating Activities | $39.0m | $43.2m | $59.7m | $69.9m | $66.3m | $69.1m | $121.5m | $164.3m | $168.4m | $149.7m | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($14.0m) | ($16.6m) | ($16.3m) | ($17.3m) | |
| Capital Expenditure Reported | $9.4m | $5.5m | $7.5m | $11.4m | $8.8m | $15.7m | ($14.0m) | ($16.6m) | ($16.3m) | ($17.3m) | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | — | $2.5m | $4.8m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | $1.7m | ($2.5m) | ($4.8m) | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | $0 | ($2.5m) | ($4.8m) | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $1.7m | $0 | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $120k | $2.2m | $1.2m | $217k | |
| Net Cash Provided by (Used in) Investing Activities | — | ($4.5m) | ($3.1m) | ($20.4m) | ($289.9m) | ($51.5m) | ($72.2m) | ($45.5m) | ($102.2m) | ($1.0b) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $143.2m | $112.3m | $32.7m | $1.1b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $143.2m | $112.3m | $32.7m | $1.1b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $225k | ($87.0m) | ($166.0m) | $871.5m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $225k | ($87.0m) | ($166.0m) | $871.5m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $10.4m | $225k | — | — | — | |
| Short Term Debt Issuance | — | — | — | — | — | $94.0m | $143.2m | — | — | — | |
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | — | $7.5m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($143.0m) | ($199.3m) | ($198.7m) | ($234.2m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($143.0m) | ($199.3m) | ($198.7m) | ($234.2m) | |
| Short Term Debt Payments | — | — | — | — | — | ($83.6m) | ($143.0m) | — | — | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | — | — | $347.4m | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $347.4m | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($39.1m) | ($15.3m) | $319.7m | ($132.7m) | |
| Payments for Repurchase of Common Stock | $1.0m | $2.2m | $46.7m | $28.5m | $10.5m | $19.3m | $39.1m | $15.3m | $27.7m | $132.7m | |
| Common Stock Payments | — | — | — | — | — | — | ($39.1m) | ($15.3m) | ($27.7m) | ($132.7m) | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | $6.3m | $3.0m | $0 | $0 | — | |
| Dividends paid | $0 | $0 | — | $8.1m | $8.1m | $9.5m | $10.6m | $11.9m | $14.6m | $18.0m | |
| Cash Dividends Paid | — | — | — | — | — | — | ($10.6m) | ($11.8m) | ($14.6m) | ($18.0m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($10.6m) | ($11.8m) | ($14.6m) | ($18.0m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($160k) | ($3.0m) | ($1.1m) | ($19.3m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | ($57.2m) | $214.0m | ($13.0m) | ($46.8m) | ($114.1m) | $138.0m | $701.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($2.4m) | ($615k) | $1.3m | $1.9m | ($611k) | ($1.1m) | ($499k) | ($100k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($611k) | ($1.1m) | ($499k) | ($100k) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $14.9m | ($8.3m) | ($8.2m) | $6.5m | $1.8m | $3.7m | $203.7m | ($192.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $26.7m | $18.3m | $10.1m | $16.6m | $18.5m | $22.2m | $225.8m | $33.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $1.8m | $3.7m | $203.7m | ($192.0m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $1.3m | $1.2m | $1.9m | $5.0m | $12.5m | $12.3m | $4.8m | $20.9m | |
| Income Taxes Paid, Net | $9.8m | $9.7m | $2.9m | $8.9m | $14.0m | $20.5m | $41.5m | $39.3m | $50.9m | $46.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.