← Fabrinet
| 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 | $61.9m | $97.1m | $84.2m | $121.0m | $113.5m | $148.3m | $200.4m | $247.9m | $296.2m | $332.5m | |
| Depreciation and amortization | $17.4m | $23.8m | $29.1m | $29.9m | $30.9m | $36.3m | $38.7m | $43.8m | $49.0m | $53.4m | |
| Amortization of Debt Issuance Costs and Discounts | $758k | $1.4m | $994k | — | $26k | $32k | $32k | $31k | — | — | |
| Amortization of Intangible Assets | $100k | $1.2m | $1.7m | $1.2m | $1.3m | $1.5m | $1.6m | $1.3m | $1.0m | $900k | |
| Depreciation | $17.3m | $22.5m | $27.4m | $28.7m | $29.7m | $34.7m | $37.2m | $42.5m | $48.2m | $52.5m | |
| Deferred Income Tax Expense (Benefit) | $922k | $443k | ($1.6m) | $894k | ($511k) | ($4.2m) | ($158k) | ($2.9m) | $3.2m | ($5.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.9m | $26.5m | $22.6m | $17.2m | $22.2m | $25.5m | $28.0m | $28.1m | $28.4m | $33.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.5m | $1.4m | $5.5m | $10.6m | $4.9m | $11.6m | $20.8m | $18.2m | $13.2m | $21.3m | |
| Goodwill, Impairment Loss | — | — | — | — | $3.5m | $0 | $0 | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | ($447k) | ($149k) | — | $0 | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $73k | $30k | ($18k) | $4k | ($329k) | ($13k) | $101k | $1.5m | ($62k) | ($70k) | |
| Income Tax Expense (Benefit) | $6.3m | $6.7m | $3.9m | $5.3m | $5.8m | $2.1m | $6.6m | $12.2m | $15.2m | $22.7m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $124k | $0 | |
| Other Nonoperating Income (Expense) | $376k | $509k | $473k | $868k | $1.1m | ($3.5m) | ($1.6m) | ($159k) | $287k | ($178k) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $61.0m | $64.1m | ($17.9m) | $13.5m | $12.3m | $63.8m | $104.0m | $76.9m | $61.3m | $165.7m | |
| Increase (Decrease) in Inventories | $50.6m | $53.8m | $19.4m | $44.0m | $16.2m | $112.3m | $135.0m | ($37.4m) | ($56.4m) | $117.8m | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | $187k | ($13k) | ($92k) | $1k | — | |
| Equipment Expense | $600k | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.9m) | ($1.1m) | ($6.6m) | $1.4m | ($3.8m) | $508k | $2.3m | ($1.2m) | $382k | ($9.3m) | |
| Goodwill | — | $3.8m | $3.8m | $3.7m | — | — | — | — | — | — | |
| Inventory Write-down | $200k | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | $5.9m | $1.4m | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | $200k | $100k | $400k | — | ($100k) | — | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $2.2m | $0 | $0 | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $1.6b | $1.6b | $1.9b | $2.3b | $2.6b | $2.9b | $3.4b | |
| Stock or Unit Option Plan Expense | $16k | — | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($1.9m) | ($1.9m) | ($4.2m) | $7.0m | $399k | ($536k) | ($2.8m) | $175k | ($849k) | $5.0m | |
| Net Cash Provided by (Used in) Operating Activities | $47.1m | $70.9m | $138.1m | $147.4m | $150.7m | $118.7m | $124.2m | $213.3m | $413.1m | $328.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $40.6m | $68.3m | $33.8m | $18.7m | $42.3m | $42.5m | $89.6m | $61.4m | $47.5m | $121.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $9.9m | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($39.6m) | ($90.6m) | ($58.6m) | ($98.1m) | ($71.2m) | ($5.4m) | ($135.5m) | ($98.7m) | ($169.8m) | ($286.3m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $50.0m | — | — | — | $60.9m | $0 | $0 | — | — | — | |
| Repayments of Long-term Debt | $6.0m | $18.1m | $11.2m | $3.2m | $70.1m | $12.2m | $12.2m | $15.2m | $12.2m | — | |
| Payments for Repurchase of Common Stock | — | — | $42.4m | $5.4m | $20.7m | $18.8m | $59.9m | $47.6m | $39.5m | $125.7m | |
| Net Cash Provided by (Used in) Financing Activities | $22.9m | $13.4m | ($54.1m) | ($23.2m) | ($35.3m) | ($42.8m) | ($92.9m) | ($81.0m) | ($64.9m) | ($147.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($521k) | $523k | ($1.0m) | $704k | $484k | ($178k) | ($527k) | ($606k) | $63k | $1.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $137.1m | $161.4m | $188.2m | $232.8m | $303.1m | $198.4m | $231.4m | $410.0m | $306.4m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $2.2m | $2.6m | $1.7m | $2.4m | $2.2m | $2.4m | $312k | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.