← KULICKE & SOFFA INDUSTRIES 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 | $47.1m | $126.1m | $56.7m | $11.7m | $52.3m | $367.2m | $433.5m | $57.1m | ($69.0m) | $213k | |
| Net Income (Loss) Available to Common Stockholders, Basic | $47.1m | $112.0m | $56.7m | $11.7m | $52.3m | $367.2m | $433.5m | $57.1m | ($69.0m) | $213k | |
| Depreciation, Depletion and Amortization | $16.2m | $16.3m | $19.0m | $20.3m | $19.7m | $19.8m | $21.3m | $28.9m | $24.7m | $18.0m | |
| Depreciation | $9.6m | $9.7m | $11.2m | $12.9m | $12.4m | $13.8m | $16.4m | $22.8m | $19.5m | $14.9m | |
| Amortization | — | $6.6m | $7.8m | $7.4m | $7.4m | $6.0m | $4.9m | $6.1m | $5.2m | — | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | — | $3.0m | |
| Deferred Income Tax Expense (Benefit) | ($15.5m) | ($16.8m) | $22.5m | $8.8m | ($827k) | ($9.8m) | ($8.6m) | ($4.5m) | $11.4m | $2.7m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | — | — | — | — | $28.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | $583k | $1.2m | |
| Share-based Payment Arrangement, Expense | $5.7m | $11.7m | $11.7m | $14.3m | $15.0m | $15.5m | $19.0m | $22.7m | $26.9m | $28.5m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | $0 | $1.3m | $5.0m | ($47k) | ($959k) | |
| Goodwill, Impairment Loss | — | $35.2m | — | — | — | — | — | $9.8m | — | $19.2m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $1.1m | $1.4m | $625k | $210k | $50k | $1.0m | $0 | $0 | $27k | $207k | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | — | $3.2m | |
| Gain (Loss) on Disposition of Property Plant Equipment | $55k | $999k | $676k | ($20k) | ($953k) | ($259k) | $253k | $499k | ($72k) | $196k | |
| Income (Loss) from Equity Method Investments | — | $190k | ($129k) | ($124k) | ($36k) | ($94k) | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $7.6m | ($7.4m) | $120.7m | $22.9m | $12.0m | $47.3m | $43.4m | $15.1m | $10.7m | $20.3m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $89k | $134k | |
| Operating Lease, Expense | — | — | — | — | $6.9m | $7.6m | $8.6m | $10.7m | $10.0m | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Non-cash transactions: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | $16.3m | $47.4m | ($1.6m) | ($24.1m) | $26.2m | $52.7m | $14.9m | $35.8m | $31.5m | $26.1m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | — | ($323k) | $47k | $959k | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($1.3m) | ($1.4m) | $2.0m | $3.3m | ($874k) | $378k | $7.3m | ($85k) | ($1.9m) | $7.7m | |
| Goodwill | $81.3m | $56.3m | $56.5m | $55.7m | $56.7m | $72.9m | $68.1m | $88.7m | $89.7m | $69.5m | |
| Inventory Write-down | $6.7m | $10.9m | $4.9m | $2.7m | $4.2m | ($3.0m) | — | — | $57.3m | — | |
| Investment Income, Interest | $3.3m | $6.5m | $12.0m | $15.1m | $7.5m | $2.3m | $7.1m | $32.9m | $34.2m | $23.8m | |
| Operating Expenses | $234.2m | $269.0m | $242.8m | $233.0m | $239.5m | $284.5m | $278.2m | $319.2m | $361.2m | $281.1m | |
| Proceeds from Stock Options Exercised | $410k | $509k | $55k | $14k | $0 | $0 | — | — | — | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $104.7m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($104k) | ($1.1m) | $1.8m | ($1.2m) | ($796k) | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $68.4m | $136.3m | $123.5m | $66.0m | $94.4m | $300.0m | $390.2m | $173.4m | $31.0m | $113.6m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $6.2m | $25.6m | $20.5m | $11.7m | $11.7m | $22.8m | $23.0m | $44.4m | $16.1m | $17.2m | |
| Property, plant and equipment acquisitions funded by liabilities | $6.2m | $25.6m | $20.5m | $11.7m | $11.7m | $22.8m | $23.0m | $44.4m | $16.1m | $17.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $27.1m | $0 | $0 | — | ($26.3m) | $0 | $36.9m | $0 | — | |
| Net Cash Provided by (Used in) Investing Activities | ($5.2m) | ($145.2m) | ($96.9m) | $47.5m | ($126.0m) | ($81.7m) | $133.8m | ($91.3m) | ($138.5m) | $27.7m | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $14.6m | $18.2m | $90.3m | $99.9m | $54.5m | $10.4m | $281.3m | $69.2m | $150.8m | $97.1m | |
| Payments of Ordinary Dividends, Common Stock | $0 | $0 | $8.2m | $31.6m | $30.2m | $33.5m | $39.4m | $42.0m | $44.2m | $54.1m | |
| Dividends Payable, Current | — | — | $8.1m | $7.6m | $7.4m | $8.7m | $9.7m | $10.7m | $10.8m | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($14.5m) | ($22.7m) | ($99.1m) | ($71.3m) | ($145.8m) | ($44.3m) | ($321.2m) | ($111.9m) | ($196.1m) | ($153.1m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $537k | $76k | $715k | $919k | $1.3m | $594k | ($10.0m) | $3.7m | $1.3m | $405k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $537k | $76k | ($71.8m) | $43.0m | ($176.1m) | $174.7m | $192.7m | ($26.1m) | ($302.3m) | ($11.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $321.1m | $364.2m | $188.1m | $362.8m | $555.5m | $529.4m | $227.1m | $215.7m | |
| Restricted Cash and Investments, Current | — | $530k | $518k | $0 | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $1.6m | $1.7m | $218k | $208k | $142k | $89k | $134k | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $23.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.