← DULUTH HOLDINGS 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 (Loss) Attributable to Parent $21.3m $23.4m $23.2m $18.9m $13.6m $29.7m $2.3m ($9.9m) — ($16.4m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $21.5m $23.6m $23.2m $18.5m $13.4m $29.6m $2.2m ($9.9m) — ($16.2m)
Net Income (Loss) Attributable to Noncontrolling Interest $214k $276k $9k ($422k) ($197k) ($152k) ($58k) ($17k) — $139k
Depreciation and amortization $4.7m $7.3m $12.6m $22.1m $28.5m $29.2m $30.8m $32.2m $32.3m $25.5m
Depreciation, Depletion and Amortization, Nonproduction $4.7m $7.3m $12.6m $22.1m $28.5m $29.2m $30.8m $32.2m — $25.5m
Amortization of Intangible Assets $100k $100k $100k $100k $200k $200k $200k $200k — —
Depreciation $4.7m $7.3m $12.6m $22.1m $24.2m $25.1m $26.7m $28.0m $32.3m $21.9m
Deferred Income Tax Expense (Benefit) $1.5m $533k $8.0m ($1.2m) ($255k) ($5.5m) ($1.4m) ($2.3m) — $962k
Share-based Payment Arrangement, Noncash Expense $1.2m $1.6m $1.7m $647k $1.6m $2.2m $2.7m $4.2m — $2.5m
Payment, Tax Withholding, Share-based Payment Arrangement — $57k $35k $315k $221k $374k $457k $279k — $590k
Goodwill, Impairment Loss $0 $0 $0 — — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($3k) $2k $162k — $324k $398k $1.4m $130k $473k $170k
Gain (Loss) on Disposition of Property Plant Equipment $3k ($2k) ($162k) — ($324k) ($398k) ($1.4m) ($130k) $473k ($170k)
Income Tax Expense (Benefit) $13.5m $11.9m $8.4m $5.4m $4.6m $9.9m $708k ($2.9m) — $1.2m
Other Nonoperating Income (Expense) $247k $421k $383k $291k $65k $55k $376k $923k — $295k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — — ($1.5m) $1.4m $3.2m $586k ($86k) — ($1.3m)
Increase (Decrease) in Inventories $14.4m $17.6m $11.0m $50.2m $1.2m ($26.4m) $32.2m ($29.2m) — ($35.2m)
Increase (Decrease) in Other Operating Assets — — — — ($606k) $845k $365k ($58k) — $138k
Accrued capital expenditures $28.7m $46.5m $53.0m $24.4m $11.7m $10.4m $27.1m $49.1m — $7.6m
Goodwill $402k $402k $402k — $402k $402k $402k $402k — —
Operating Cash Flow $20.3m $29.9m $31.1m $6.7m $50.8m $92.0m ($1.4m) $38.7m ($16.9m) $24.2m
Cash Flow From Continuing Operating Activities $20.3m $29.9m $31.1m $6.7m $50.8m $92.0m ($1.4m) $38.7m ($16.9m) $24.2m
Net Cash Provided by (Used in) Operating Activities $20.3m $29.9m $31.1m $6.7m $50.8m $92.0m ($1.4m) $38.7m ($16.9m) $24.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $28.7m $46.5m $53.0m $24.4m $11.7m $10.4m $27.1m $49.1m $8.3m $7.6m
Net Cash Provided by (Used in) Investing Activities ($30.3m) ($55.8m) ($53.7m) ($30.7m) ($12.1m) ($10.2m) ($26.9m) ($48.7m) ($8.1m) ($7.4m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — $800k — — — — — — — —
Repayments of Long-term Debt $4.2m $54k $416k $495k $483k $623k $692k $767k — $930k
Proceeds from Noncontrolling Interests $744k $794k — — — — — — — —
Proceeds from (Payments for) Other Financing Activities — $64k $270k $407k $106k $442k $616k $542k — $279k
Net Cash Provided by (Used in) Financing Activities ($3.7m) $4.8m $18.6m $21.5m $6.4m ($51.4m) ($3.2m) ($3.3m) ($3.8m) ($3.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $3.1m $589k $46.6m $77.1m $45.5m $32.2m — $16.3m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $1.8m $5.8m $4.6m $6.4m $3.7m $3.7m $4.2m — $5.2m
Income Taxes Paid, Net $6.7m $9.0m $10.3m $562k $830k $16.2m $7.2m $2.0m $125k $170k

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