← HAWKINS INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $6.9m | $5.0m | $9.2m | — | $3.0m | $3.5m | $7.6m | $7.2m | $5.1m | $3.9m | |
| Prepaid Expense and Other Assets, Current | $4.2m | $4.1m | $5.2m | — | $5.4m | $6.4m | $6.4m | $6.6m | $7.4m | $8.7m | |
| Cash and cash equivalents | $6.9m | $5.0m | $9.2m | $4.3m | $3.0m | $3.5m | $7.6m | $7.2m | $5.1m | $3.9m | |
| Trade accounts receivables, net | $57.3m | $63.5m | $64.0m | $67.4m | $90.6m | $122.8m | $129.3m | $114.5m | $131.8m | $139.8m | |
| Income taxes receivable | $1.3m | $2.6m | $527k | $0 | $175k | — | — | $0 | $2.9m | $891k | |
| Prepaid expenses and other current assets | $4.2m | $4.1m | $5.2m | $4.9m | $5.4m | $6.4m | $6.4m | $6.6m | $7.4m | $8.7m | |
| Inventory, Net | $51.2m | $59.7m | $60.5m | $54.4m | $63.9m | $95.0m | $88.8m | $74.6m | $83.5m | $78.2m | |
| Assets, Current | $120.9m | $135.0m | $139.4m | — | $163.0m | $227.7m | $232.0m | $202.8m | $230.7m | $231.5m | |
| Total current assets | $120.9m | $135.0m | $139.4m | $131.0m | $163.0m | $227.7m | $232.0m | $202.8m | $230.7m | $231.5m | |
| Property, Plant and Equipment, Net | $121.5m | $123.8m | $118.6m | $126.3m | $144.6m | $161.8m | $185.8m | $208.9m | $225.3m | $266.3m | |
| Goodwill | $97.6m | $58.4m | $58.4m | $58.4m | $70.7m | $77.4m | $77.4m | $103.4m | $135.4m | $223.0m | |
| Intangible Assets, Net (Excluding Goodwill) | $76.9m | $71.2m | $65.7m | — | $76.4m | $80.2m | $73.1m | $116.6m | $150.1m | $232.9m | |
| Intangible assets, net | $76.9m | $71.2m | $65.7m | $60.7m | $76.4m | $80.2m | $73.1m | $116.6m | $150.1m | $232.9m | |
| Operating Lease, Right-of-Use Asset | — | — | $0 | — | $11.6m | $10.6m | $10.2m | $11.7m | $13.4m | $16.8m | |
| Other Assets, Noncurrent | $1.7m | $2.6m | $3.4m | — | $6.2m | $2.8m | $4.7m | $4.9m | $3.7m | $3.0m | |
| Right-of-use assets | — | — | $0 | $9.1m | $11.6m | $10.6m | $10.2m | $11.7m | $13.4m | $16.8m | |
| Other assets | $1.7m | $2.6m | $3.4m | $3.8m | $6.2m | $2.8m | $4.7m | $4.9m | $3.7m | $3.0m | |
| Total other assets | $176.1m | $132.2m | $127.6m | $132.0m | $164.9m | $177.7m | $172.7m | $246.2m | $313.9m | $488.6m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $57.3m | $63.5m | $64.0m | — | $90.6m | $122.8m | $129.3m | $114.5m | $131.8m | $139.8m | |
| Land | $9.1m | $9.5m | $9.1m | $11.0m | $15.2m | $16.6m | $16.3m | $17.9m | $18.7m | $21.2m | |
| Buildings and improvements | $89.8m | $96.1m | $96.4m | $108.2m | $120.4m | $118.4m | $134.9m | $147.7m | $163.9m | $193.2m | |
| Machinery and equipment | $82.9m | $89.3m | $93.2m | $98.2m | $109.4m | $114.8m | $126.0m | $141.3m | $151.0m | $175.5m | |
| Transportation equipment | $24.4m | $26.8m | $29.7m | $32.7m | $37.6m | $44.0m | $56.3m | $67.9m | $78.1m | $89.2m | |
| Office furniture and equipment | $15.3m | $16.4m | $16.4m | $17.1m | $17.8m | $10.3m | $11.2m | $11.9m | $9.3m | $10.5m | |
| Less accumulated depreciation | $100.0m | $114.3m | $126.2m | $140.9m | $155.8m | $142.2m | $158.9m | $177.8m | $195.7m | $223.4m | |
| Deferred compensation plan assets | — | — | — | — | $5.7m | $6.8m | $7.4m | $9.6m | $11.2m | $12.8m | |
| Short-Term Lease Commitment, Amount | — | — | $0 | $1.5m | $1.6m | $1.7m | — | — | $2.9m | $3.0m | |
| Contract with Customer, Liability, Current | — | — | — | — | — | — | — | — | $0 | $1.6m | |
| Accrual for Taxes Other than Income Taxes, Current | — | — | — | — | — | — | — | — | $1.0m | $1.2m | |
| Deferred Compensation Liability, Current | — | — | — | — | — | — | — | — | $538k | $1.3m | |
| Container deposits | $1.2m | $1.2m | $1.3m | $1.4m | $1.5m | $1.6m | — | — | $1.9m | $1.4m | |
| Business Combination, Contingent Consideration, Liability, Current | — | — | — | — | — | — | — | — | $0 | $4.5m | |
| Environmental remediation | — | — | — | — | — | — | $0 | $7.7m | $7.7m | $7.7m | |
| Other current liabilities | $2.0m | $2.9m | $2.4m | $1.7m | $2.2m | $2.6m | $6.6m | $7.8m | $8.7m | $4.2m | |
| Long-term lease liabilities | — | — | $0 | $7.6m | $10.2m | $9.1m | $8.7m | $9.5m | $10.9m | $14.5m | |
| Deferred compensation liability | — | — | — | $5.0m | $7.3m | $8.4m | $9.3m | $11.8m | $13.1m | $14.8m | |
| Business Combination, Contingent Consideration, Liability, Noncurrent | — | — | — | — | — | — | — | — | $12.6m | $44.9m | |
| Liabilities, Noncurrent, Total | — | — | — | — | — | — | — | — | $212.5m | $347.4m | |
| Common shares; authorized: 60,000,000 shares of $0.01 par value; 20,752,138 and 20,684,621 shares issued and outstanding for 2026 and 2025, respectively | 529k | 532k | 530k | 526k | 210k | 209k | 209k | 208k | 207k | 208k | |
| Total shareholders’ equity | $217.8m | $202.2m | $217.9m | $233.5m | $265.2m | $302.6m | $350.0m | $406.0m | $460.3m | $534.0m | |
| Assets | $418.6m | $391.0m | $385.6m | — | $472.6m | $567.3m | $590.5m | $657.9m | $769.9m | $986.3m | |
| Total assets | $418.6m | $391.0m | $385.6m | $389.3m | $472.6m | $567.3m | $590.5m | $657.9m | $769.9m | $986.3m | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | $0 | — | $1.6m | $1.7m | — | — | — | $3.0m | |
| Accounts Payable, Current | $29.8m | $33.4m | $29.3m | — | $37.3m | $66.7m | $53.7m | $56.4m | $61.2m | $59.8m | |
| Operating Lease, Liability, Noncurrent | — | — | $0 | — | $10.2m | $9.1m | $8.7m | $9.5m | $10.9m | $14.5m | |
| Dividends Payable, Current | $4 | $5 | — | — | — | — | — | — | — | — | |
| Long-term Debt, Current Maturities | $8.0m | $9.9m | $9.9m | — | $9.9m | $9.9m | $9.9m | $9.9m | $9.9m | — | |
| Long-term Debt, Excluding Current Maturities | $94.6m | $90.8m | $74.7m | $49.8m | $88.8m | $115.6m | $101.7m | $88.8m | $138.9m | $244.0m | |
| Accounts payable — trade | $29.8m | $33.4m | $29.3m | $34.1m | $37.3m | $66.7m | $53.7m | $56.4m | $61.2m | $59.8m | |
| Accrued payroll and employee benefits | $10.0m | $8.4m | $12.5m | $13.5m | $18.0m | $19.0m | $17.3m | $19.5m | $19.7m | $20.1m | |
| Liabilities, Current | $55.7m | $60.6m | $55.4m | — | $70.5m | $101.5m | $90.9m | $103.3m | $107.1m | $104.8m | |
| Total current liabilities | $55.7m | $60.6m | $55.4m | $62.2m | $70.5m | $101.5m | $90.9m | $103.3m | $107.1m | $104.8m | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | $24.4m | $23.4m | $23.8m | $22.4m | $22.4m | $25.1m | |
| Other Liabilities, Noncurrent | $2.5m | $4.4m | $5.7m | — | $1.4m | $2.4m | $2.2m | $1.3m | $1.4m | $1.4m | |
| Pension withdrawal liability | $6.0m | $5.6m | $5.3m | $5.0m | $4.6m | $4.3m | $3.9m | $3.5m | $3.2m | $2.8m | |
| Other long-term liabilities | $2.5m | $4.4m | $5.7m | $6.1m | $1.4m | $2.4m | $2.2m | $1.3m | $1.4m | $1.4m | |
| Deferred Tax Liabilities, Net | $42.0m | $27.4m | $26.7m | — | $24.4m | $23.4m | $23.8m | $22.4m | $22.4m | $25.1m | |
| Liabilities | $200.8m | $188.7m | $167.7m | — | $207.3m | $264.7m | $240.5m | $251.9m | $309.6m | $452.3m | |
| Total liabilities | $200.8m | $188.7m | $167.7m | $155.8m | $207.3m | $264.7m | $240.5m | $251.9m | $309.6m | $452.3m | |
| Commitments and Contingencies | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $529k | $532k | $530k | — | $210k | $209k | $209k | $208k | $207k | $208k | |
| Retained Earnings (Accumulated Deficit) | $165.9m | $147.2m | $164.4m | $182.9m | $213.9m | $254.4m | $302.4m | $364.5m | $434.3m | $500.1m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $298k | $596k | $317k | — | $0 | $1.3m | $2.9m | $3.1m | $1.7m | $981k | |
| Additional Paid in Capital, Common Stock | $51.1m | $53.9m | $52.6m | — | $51.1m | $46.7m | $44.4m | $38.2m | $24.1m | $32.7m | |
| Additional paid-in capital | $51.1m | $53.9m | $52.6m | $50.1m | $51.1m | $46.7m | $44.4m | $38.2m | $24.1m | $32.7m | |
| Accumulated other comprehensive income | $298k | $596k | $317k | ($79k) | $0 | $1.3m | $2.9m | $3.1m | $1.7m | $981k | |
| Stockholders' Equity Attributable to Parent | $217.8m | $202.2m | $217.9m | — | $265.2m | $302.6m | $350.0m | $406.0m | $460.3m | $534.0m | |
| Liabilities and Equity | $418.6m | $391.0m | $385.6m | — | $472.6m | $567.3m | $590.5m | $657.9m | $769.9m | $986.3m | |
| Total liabilities and shareholders’ equity | $418.6m | $391.0m | $385.6m | $389.3m | $472.6m | $567.3m | $590.5m | $657.9m | $769.9m | $986.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.