FLEXSTEEL INDUSTRIES INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $500.1m $468.8m $489.2m $443.6m $366.9m $478.9m $544.3m $393.7m $412.8m $441.1m
Cost of Revenue $386.4m $360.1m $391.0m $373.6m $313.9m $382.2m $471.6m $322.7m $325.5m $343.1m
Gross Profit $113.7m $108.7m $98.2m $69.9m $53.1m $96.7m $72.7m $70.9m $87.2m $97.9m
Operating Income (Loss) $38.1m $37.3m $24.5m ($43.2m) ($34.4m) $31.2m $6.6m $10.5m $17.1m $26.6m
Additional Financial Items
Gains (Losses) on Sales of Investment Real Estate $753k
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($32.4m) $33.4m $2.2m $6.7m $15.3m $24.0m
Interest and Other Income ($72k) $322k $621k
Investment Income, Interest $421k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $5.9m $9.2m $15.6m $27.0m
Net Income (Loss) Attributable to Parent $24.2m $23.8m $17.7m ($32.6m) ($26.8m) $23.0m $1.9m $14.8m $10.5m $20.2m
Earnings Per Share, Basic $3.19 $3.06 $2.25 ($4.13) ($3.37) $3.20 $0.29 $2.83 $2.04 $3.84
Earnings Per Share, Diluted $3.12 $3.02 $2.23 ($4.13) ($3.37) $3.09 $0.28 $2.74 $1.91 $3.55
Common Stock, Dividends, Per Share, Declared $0.72 $0.80 $0.88 $0.88 $0.71 $0.45 $0.60 $0.60 $0.60 $0.71
Weighted Average Number of Shares Outstanding, Basic 7.6m 7.8m 7.8m 7.9m 8.0m 7.2m 6.3m 5.2m 5.2m 5.2m
Weighted Average Number of Shares Outstanding, Diluted 7.8m 7.9m 7.9m 7.9m 8.0m 7.5m 6.5m 5.4m 5.5m 5.7m
Selling, General and Administrative Expense $77.9m $72.6m $71.9m $81.3m $72.4m $68.0m $66.7m $62.8m $70.4m $66.7m
Other Nonoperating Income (Expense) $546k $638k $267k ($714k) ($1.3m) ($1.5m) $351k
Environmental Remediation Expense $3.6m
Interest Expense $69k $835k $1.3m $1.6m $70k
Nonoperating Income (Expense) $546k
Operating Lease, Expense $3.2m $3.2m
Other General Expense $347k
Research and Development Expense $4.2m $3.7m $3.9m $4.4m $4.0m $1.9m $2.9m $2.1m $2.1m $2.1m
Restructuring and Related Cost, Incurred Cost $1.4m $1.4m
Restructuring Costs $37.5m $3.5m $730k $3.0m
Share-based Payment Arrangement, Expensed and Capitalized, Amount $4.6m $3.7m $1.0m $3.2m $4.6m $3.9m
Income Tax Expense (Benefit) $13.7m $13.8m $7.5m ($10.0m) ($6.9m) $8.4m $4.0m ($5.6m) $5.0m $6.8m