← Kimball Electronics, 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 | $22.3m | $34.2m | $16.8m | $31.6m | $18.2m | $56.8m | $31.3m | $55.8m | $20.5m | $17.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $22.3m | $34.2m | $16.7m | $31.5m | $18.2m | $56.7m | $31.2m | $55.7m | $20.5m | $17.0m | |
| Depreciation, Depletion and Amortization | $19.9m | $23.9m | $26.4m | $28.9m | $30.9m | $34.0m | $29.4m | $32.4m | $38.0m | $37.0m | |
| Amortization of Intangible Assets | $883k | $924k | $899k | $2.6m | $3.2m | $3.3m | $3.4m | $3.5m | $2.3m | $1.0m | |
| Depreciation | $19.5m | $23.0m | $25.5m | $26.3m | $27.7m | $30.7m | $26.0m | $28.9m | $35.7m | $36.0m | |
| Deferred Income Tax Expense (Benefit) | ($489k) | ($884k) | $2.5m | ($1.7m) | $177k | ($6.1m) | $1.0m | ($152k) | ($10.3m) | $870k | |
| Share-based Payment Arrangement, Noncash Expense | $3.4m | $3.5m | $5.3m | $5.7m | $4.0m | $3.9m | $6.2m | $6.9m | $7.2m | $6.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $897k | $709k | $1.5m | $1.8m | $1.0m | $771k | $1.6m | $1.4m | $1.5m | $1.0m | |
| Share-based Payment Arrangement, Expense | $3.4m | $3.5m | $5.3m | $5.7m | $4.0m | $3.9m | $6.2m | $6.9m | $7.2m | $6.5m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $7.9m | $0 | $0 | $0 | $5.8m | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | $0 | $0 | $0 | $0 | — | — | |
| Restructuring Costs and Asset Impairment Charges | $0 | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $145k | $33k | $7k | $4k | ($69k) | ($66k) | ($90k) | $23k | $15k | $1.1m | |
| Income Tax Expense (Benefit) | $5.7m | $10.1m | $28.0m | $6.9m | $7.0m | $13.3m | $12.5m | $18.9m | $4.7m | $9.2m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | $3.1m | ($1.9m) | ($5.3m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | $3.5m | $8.5m | $55.8m | $35.1m | $15.1m | ($18.6m) | $203.2m | $50.2m | ($64.2m) | ($74.6m) | |
| Increase (Decrease) in Accounts Payable | $8.3m | $9.5m | $33.3m | $8.0m | $3.6m | $14.6m | $96.8m | $20.4m | ($102.6m) | ($2.8m) | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | — | $2.4m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | ($2.2m) | $200k | $500k | ($100k) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $701k | $680k | $614k | |
| Goodwill | $6.2m | $6.2m | $6.2m | $18.1m | $12.0m | $12.0m | $12.0m | $12.0m | $6.2m | $6.2m | |
| Investment Income, Interest | $79k | $64k | $73k | $62k | $60k | $102k | $81k | $153k | $638k | $771k | |
| Derivative, Gain (Loss) on Derivative, Net | ($3.2m) | ($29k) | ($872k) | $3.8m | $1.6m | ($2.2m) | ($922k) | $6.7m | $7.6m | ($4.0m) | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($2.4m) | $174k | ($1.5m) | $857k | $86k | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $36.8m | $46.8m | $40.2m | ($6.7m) | $72.8m | $130.1m | ($83.2m) | ($13.8m) | $73.2m | $183.9m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $33.7m | $33.3m | $25.9m | $24.7m | $38.4m | $38.4m | $74.0m | $89.4m | $46.1m | $33.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $2.1m | $0 | $43.9m | $0 | $0 | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | ($100k) | ($211k) | ($44k) | $13k | ($109k) | ($43k) | $540k | $95k | ($20k) | ($85k) | |
| Net Cash Provided by (Used in) Investing Activities | ($42.6m) | ($35.7m) | ($26.2m) | ($68.7m) | ($38.5m) | ($38.8m) | ($74.8m) | ($90.5m) | ($46.5m) | ($14.7m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $12.6m | $22.3m | $9.6m | $23.4m | $8.8m | $3.0m | $9.0m | $0 | $2.8m | $12.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($4.3m) | ($22.0m) | ($12.6m) | $79.4m | ($17.9m) | ($53.1m) | $103.7m | $99.2m | $9.0m | ($160.9m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $15.7m | $41.5m | ($56.6m) | ($6.0m) | $34.9m | $10.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | ($678k) | $3.2m | $49.9m | $43.9m | $78.8m | $89.5m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | $2.3m | $15.3m | $19.4m | $18.1m | |
| Income Taxes Paid, Net | $9.0m | $5.9m | $14.7m | $10.2m | $9.1m | $13.4m | $14.3m | $13.7m | $27.3m | $12.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.