← Knowles Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($42.3m) |
$68.3m
+261.47%
|
$67.7m
-0.88%
|
$49.1m
-27.47%
|
$6.6m
-86.56%
|
$150.4m
+2178.79%
|
($430.1m)
-385.97%
|
$72.4m
+116.83%
|
($237.8m)
-428.45%
|
$44.2m
+118.59%
|
— | |
| Depreciation, Depletion and Amortization | $73.7m | $57.3m | $52.4m | $54.4m | $60.6m | $62.5m | $53.9m | $46.5m | $50.3m | $36.3m | $37.1m | |
| Amortization of Debt Issuance Costs and Discounts | $5.6m | $7.6m | $7.6m | $8.1m | $8.9m | $8.0m | $700k | $2.0m | $8.1m | $4.8m | — | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | $17.0m | $16.2m | — | |
| Depreciation | $53.0m | $46.5m | $45.9m | $47.4m | $47.6m | $46.6m | $41.7m | $33.0m | $20.6m | $20.1m | $37.1m | |
| Deferred Income Tax Expense (Benefit) | $1.5m | ($27.8m) | $8.8m | ($200k) | ($2.8m) | ($61.1m) | $4.6m | ($41.6m) | $5.9m | $6.5m | $9.7m | |
| Share-based Payment Arrangement, Noncash Expense | $21.5m | $25.1m | $27.0m | $25.2m | $17.3m | $32.1m | $28.6m | $29.0m | $22.8m | $28.4m | $28.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.5m | $5.1m | $4.7m | $6.4m | $6.1m | $7.7m | $6.9m | $6.2m | $6.6m | $7.4m | — | |
| Share-based Payment Arrangement, Expense | $21.5m | $24.7m | $27.0m | $25.2m | $17.3m | $32.1m | $28.6m | $29.0m | $22.2m | $28.4m | $28.5m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($500k) | — | — | — | — | — | — | $0 | $0 | $3.6m | — | |
| Goodwill and Intangible Asset Impairment | $0 | $16.2m | $0 | $0 | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $470.9m | $0 | $262.5m | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | $16.2m | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $5.4m | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $4.1m | ($500k) | ($700k) | ($400k) | ($1.5m) | $3.0m | $500k | ($700k) | ($800k) | ($3.2m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($35.9m) | ($2.4m) | $300k | $17.8m | ($29.0m) | $12.3m | ($11.1m) | ($12.7m) | ($4.0m) | ($1.1m) | ($15.7m) | |
| Increase (Decrease) in Inventories | ($21.9m) | $34.0m | $15.7m | $300k | ($16.7m) | $20.7m | $22.8m | ($11.5m) | ($1.6m) | $5.1m | ($28.0m) | |
| Increase (Decrease) in Accounts Payable | ($26.6m) | $4.9m | ($6.3m) | $12.1m | ($17.5m) | $17.2m | ($41.2m) | $6.2m | $25.0m | ($18.0m) | $8.6m | |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $38.7m | $51.6m | $80.1m | $41.2m | $31.9m | $48.6m | $32.1m | $16.9m | $13.6m | $32.1m | ($40.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $2.0m | $500k | ($200k) | ($200k) | ($300k) | $0 | ($500k) | $10.0m | $1.1m | ($100k) | ($5.7m) | |
| Payments to Acquire Investments | $0 | — | — | — | — | — | — | — | — | — | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $2.5m | $18.0m | $69.3m | $0 | $78.5m | $700k | $136.9m | $0 | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | $5.9m | $69.5m | ($88.0m) | ($110.5m) | ($35.1m) | ($129.6m) | ($32.7m) | ($141.6m) | $45.2m | ($31.6m) | ($40.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $166.5m | $118.5m | $0 | $0 | — | — | — | — | — | — | ($201.2m) | |
| Proceeds from Issuance of Long-term Debt | $0 | — | — | — | — | — | — | — | — | — | $140.0m | |
| Payments for Repurchase of Common Stock | — | — | $0 | $0 | $16.2m | $44.5m | $44.0m | $47.5m | $53.7m | $65.0m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($109.9m) |
($117.9m)
-7.28%
|
($48.6m)
+58.78%
|
($8.5m)
+82.51%
|
($23.9m)
-181.18%
|
($131.4m)
-449.79%
|
($73.2m)
+44.29%
|
$58.2m
+179.51%
|
($132.0m)
-326.80%
|
($158.9m)
-20.38%
|
($117.1m)
+26.31%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($38.2m) | $4.9m | $69.4m | ($78.9m) | ($20.7m) | $39.1m | $42.8m | ($75.9m) | $49.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($100k) | $0 | $300k | $0 | ($1.1m) | ($200k) | ($500k) | $600k | $0 | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $12.2m | $11.3m | $9.0m | $7.5m | $8.1m | $7.4m | $3.6m | $5.4m | $12.0m | $8.3m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $8.4m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | — | $0 | — | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | — | $0 | $0 | ($7.2m) | $0 | — | |
| Gain (Loss) on Disposition of Business | ($25.6m) | $62.3m | $1.6m | $0 | $0 | — | $0 | $0 | ($6.8m) | $2.8m | — | |
| Goodwill | $894.6m | $884.9m | $887.9m | $909.9m | $910.0m | $941.3m | $471.0m | $540.7m | $269.8m | $270.3m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $19.1m | $6.5m | $65.6m | $49.7m | $2.9m | $150.2m | ($430.1m) | $72.4m | $23.4m | $50.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($61.4m) | $61.8m | $2.1m | ($600k) | $3.7m | $200k | $0 | $0 | ($261.2m) | ($6.7m) | — | |
| Income Tax Expense (Benefit) | $11.7m | $12.9m | ($4.5m) | $16.6m | $8.4m | ($45.6m) | $11.9m | ($27.4m) | $11.3m | $13.1m | — | |
| Operating Expenses | $281.5m | $245.8m | $244.8m | $246.8m | $242.0m | $243.7m | $691.1m | $232.3m | $183.0m | $186.0m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($900k) | ($300k) | ($1.1m) | ($700k) | $900k | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $0 | $3.3m | $500k | $9.8m | $1.8m | $25.6m | $7.5m | $1.6m | $5.8m | $6.7m | — | |
| Restructuring Costs | $0 | — | — | — | $0 | $0 | $13.5m | ($1.8m) | $700k | $0 | — |