← Koppers Holdings 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 | $29.3m | $29.1m | $23.4m | $66.6m | $122.0m | $85.2m | $63.4m | $89.2m | $52.4m | $56.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $27.7m | $30.5m | $29.2m | $67.4m | $121.0m | $84.9m | $63.2m | $89.8m | $48.6m | $56.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $28.7m | $29.9m | $23.0m | $66.7m | $89.1m | $85.4m | $64.0m | $89.2m | $52.4m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $27.1m | $31.3m | $28.8m | $67.5m | $89.1m | $85.1m | $63.8m | $89.8m | $48.6m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $600k | ($800k) | $400k | ($100k) | ($3.9m) | ($200k) | ($600k) | $0 | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $600k | ($800k) | $400k | ($100k) | ($3.9m) | $100k | $600k | $0 | $0 | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($1.6m) | $1.4m | $5.8m | $800k | ($1.0m) | ($300k) | ($200k) | $600k | ($3.8m) | $0 | |
| Depreciation and amortization | $52.9m | $49.8m | $50.8m | $55.1m | $54.1m | $57.7m | $56.1m | $57.0m | $67.5m | $73.6m | |
| Amortization of Intangible Assets | $14.8m | $14.6m | $19.2m | $20.7m | $19.8m | $18.3m | $14.9m | $14.5m | $15.8m | $16.0m | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | $300k | $1.2m | |
| Depreciation | $52.9m | $49.8m | $50.8m | $55.1m | $33.7m | $39.4m | $41.2m | $42.5m | $51.7m | $57.6m | |
| Deferred Income Tax Expense (Benefit) | ($1.3m) | $1.6m | $9.1m | ($10.9m) | $8.4m | $16.9m | $2.6m | $5.7m | $2.8m | $11.3m | |
| Share-based Payment Arrangement, Noncash Expense | $8.9m | $10.6m | $12.5m | $12.1m | $11.3m | $13.0m | $13.2m | $17.3m | $20.8m | $13.8m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Restructuring Costs and Asset Impairment Charges | $20.1m | $16.2m | $4.0m | $6.0m | $6.5m | $2.2m | $0 | $0 | $16.9m | $51.9m | |
| Gain (Loss) on Disposition of Assets | ($2.1m) | $1.5m | ($8.3m) | $0 | $0 | $31.2m | $2.5m | $1.8m | ($10.7m) | $400k | |
| Gain (Loss) on Disposition of Business | $2.1m | $0 | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Other Assets | ($2.1m) | $0 | $8.3m | $0 | $0 | — | ($2.6m) | ($2.0m) | $10.0m | $1.4m | |
| Gain (Loss) on Extinguishment of Debt | — | ($13.3m) | $0 | $0 | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($1.0m) | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $11.4m | $29.0m | $26.0m | $1.4m | $21.0m | $34.5m | $31.6m | $34.8m | $20.7m | $25.2m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $66.1m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($1.0m) | $0 | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($12.7m) | $16.0m | $7.7m | ($25.4m) | $11.5m | $12.7m | $32.3m | ($14.9m) | ($8.1m) | ($30.9m) | |
| Increase (Decrease) in Inventories | $3.3m | ($700k) | $18.3m | $14.8m | ($8.7m) | $24.3m | $41.8m | $37.2m | $6.3m | ($10.4m) | |
| Increase (Decrease) in Accounts Payable | $5.0m | ($13.6m) | $30.8m | ($3.1m) | ($25.3m) | $20.9m | $32.7m | ($400k) | ($19.4m) | ($57.2m) | |
| Asset Retirement Obligation, Accretion Expense | $7.1m | $2.4m | $1.7m | $1.5m | $1.1m | $1.0m | $1.0m | $1.1m | $1.0m | $1.0m | |
| Foreign Currency Transaction Gain (Loss), Realized | ($1.3m) | $2.3m | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | $22.0m | — | — | — | — | |
| Goodwill | $186.4m | $188.2m | $296.5m | $296.1m | $297.8m | $296.0m | $294.0m | $294.4m | $317.1m | $329.4m | |
| Inventory Write-down | $600k | $400k | $1.0m | $1.0m | $600k | $600k | $1.2m | $600k | $100k | $1.2m | |
| Nonoperating Income (Expense) | $2.9m | $4.0m | $700k | $600k | $2.3m | $3.6m | $2.5m | $400k | $1.3m | $6.6m | |
| Payments of Financing Costs | $1.4m | $11.0m | $2.9m | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $400k | $2.7m | $2.9m | $2.9m | $0 | $2.3m | $0 | $8.8m | $3.9m | $200k | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | ($10.0m) | $0 | $0 | — | $0 | $0 | — | ($4.0m) | ($27.1m) | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | $35.8m | ($300k) | ($600k) | $0 | $0 | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | $100k | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | ($7.1m) | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $119.5m | $101.8m | $78.3m | $115.3m | $127.1m | $103.0m | $102.3m | $146.1m | $119.4m | $122.5m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $49.9m | $67.5m | $109.7m | $37.2m | $69.8m | $125.0m | $105.3m | $120.5m | $77.4m | $55.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | $264.0m | $0 | $0 | — | $14.7m | $0 | $99.3m | $20.7m | |
| Gain (Loss) on Sale of Investments | ($2.1m) | $0 | ($700k) | ($800k) | $0 | — | ($2.6m) | ($2.0m) | $10.0m | ($1.4m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | — | $9.2m | |
| Net Cash Provided by (Used in) Investing Activities | ($53.7m) | ($56.5m) | ($376.4m) | ($33.8m) | $5.6m | ($89.5m) | ($114.8m) | ($116.0m) | ($173.3m) | ($72.7m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $0 | $500.0m | $100.0m | $0 | $0 | — | — | — | — | — | |
| Repayments of Long-term Debt | $31.7m | $546.7m | $20.3m | $29.7m | $70.7m | $10.1m | $2.0m | $501.0m | $5.7m | $4.9m | |
| Proceeds from Issuance of Common Stock | $400k | $2.7m | $2.9m | $4.0m | $1.1m | $2.4m | $1.1m | $9.9m | $5.3m | $1.4m | |
| Payments for Repurchase of Common Stock | $300k | $5.2m | $31.8m | $900k | $1.6m | $11.5m | $23.6m | $20.1m | $50.8m | $38.2m | |
| Proceeds from Noncontrolling Interests | $0 | — | — | — | — | — | — | — | — | — | |
| Dividends paid | $0 | $0 | $0 | — | $0 | $0 | $4.2m | $5.0m | $5.9m | $6.4m | |
| Net Cash Provided by (Used in) Financing Activities | ($62.7m) | ($5.9m) | $282.8m | ($88.7m) | — | ($4.0m) | $4.8m | $2.6m | $35.7m | ($58.5m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($4.1m) | $100k | ($4.4m) | ($7.6m) | $6.2m | $7.0m | ($12.2m) | $33.2m | ($22.6m) | ($5.9m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $38.5m | $45.5m | $33.3m | $66.5m | $43.9m | $38.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $42.7m | $37.6m | $49.8m | $60.9m | $50.1m | $38.1m | $41.3m | $70.0m | $78.5m | $63.5m | |
| Income Taxes Paid, Net | $11.6m | $16.6m | $25.9m | $16.8m | $13.4m | $23.4m | $20.7m | $34.3m | $27.6m | $9.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.