← MARINEMAX INC
| 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 | $22.6m | $23.5m | $39.3m | $36.0m | $74.6m | $155.0m | $198.0m | $109.3m | $38.1m | ($31.6m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $39.3m | $36.0m | $74.6m | $155.0m | $198.0m | $109.5m | $38.7m | ($30.8m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $196k | $672k | $865k | |
| Depreciation, Depletion and Amortization | $8.0m | $9.4m | $10.7m | $11.6m | $12.8m | $15.6m | $19.4m | $41.0m | $44.5m | $49.3m | |
| Depreciation | $8.0m | $9.4m | $10.7m | $11.6m | $12.8m | $15.6m | $19.4m | $32.3m | $35.7m | $39.1m | |
| Deferred Income Tax Expense (Benefit) | $11.6m | $12.3m | $5.7m | $4.4m | $3.1m | $4.7m | $1.8m | $23.1m | $4.0m | ($13.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $4.2m | $6.2m | $6.2m | $6.5m | $7.5m | $9.7m | $16.0m | $21.7m | $24.0m | $19.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $80k | $369k | $510k | $1.5m | $1.7m | $2.2m | $4.6m | $3.0m | $5.2m | $4.6m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | $21.7m | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | — | $67.4m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $69.1m | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($51k) | ($306k) | ($330k) | ($956k) | ($366k) | $350k | $108k | $354k | ($432k) | ($205k) | |
| Income Tax Expense (Benefit) | $12.2m | $14.3m | $14.0m | $13.0m | $22.8m | $50.8m | $63.9m | $38.0m | $15.6m | ($6.4m) | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | $10.3m | $11.1m | $11.8m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $5.4m | ($266k) | $11.3m | $5.1m | ($2.6m) | $627k | $563k | $31.0m | $20.4m | $3.6m | |
| Increase (Decrease) in Inventories | $32.4m | $57.1m | ($26.8m) | $84.3m | ($179.5m) | ($139.8m) | $198.0m | $351.8m | $91.0m | ($35.5m) | |
| Increase (Decrease) in Accounts Payable | ($4.3m) | $16.8m | ($3.3m) | $8.7m | $2.9m | ($16.1m) | $7.4m | $24.0m | ($17.6m) | $1.7m | |
| Accrued capital expenditures | $12.9m | $14.4m | $13.8m | $17.1m | $12.8m | $26.1m | $58.5m | $65.4m | $60.4m | $60.9m | |
| Goodwill | $9.9m | $25.9m | $27.4m | — | — | $195.6m | $235.6m | $559.8m | $592.3m | $526.9m | |
| Net Cash Provided by (Used in) Operating Activities | $22.9m | $4.7m | $70.4m | ($12.4m) | $304.7m | $373.9m | $76.6m | ($222.2m) | ($25.7m) | $72.8m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $12.9m | $14.4m | $13.8m | $17.1m | $12.8m | $26.1m | $58.5m | $65.4m | $60.4m | $60.9m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $17.1m | $18.7m | $10.5m | $40.7m | $19.8m | $134.2m | $83.2m | $516.8m | $22.0m | $10.5m | |
| Payments to Acquire Investments | — | — | — | — | — | $2.2m | $1.8m | $2.5m | — | $493k | |
| Net Cash Provided by (Used in) Investing Activities | ($29.7m) | ($32.1m) | ($23.3m) | ($56.3m) | ($30.1m) | ($161.1m) | ($140.5m) | ($576.4m) | ($81.3m) | ($55.6m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $7.4m | $46.4m | — | $400.0m | — | $36.5m | |
| Repayments of Long-term Debt | — | — | — | — | $41k | $2.4m | $2.9m | $25.3m | $33.8m | $34.2m | |
| Net Cash Provided by (Used in) Financing Activities | $12.9m | $30.7m | ($40.2m) | $58.6m | ($158.1m) | ($145.7m) | $73.1m | $770.4m | $128.5m | ($72.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($10.3m) | $117.0m | $66.7m | $6.1m | ($26.8m) | $22.9m | ($54.0m) | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $12.0m | $13.7m | $13.1m | $4.5m | $2.6m | $52.0m | $79.3m | $77.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.