← KEY TRONIC CORP

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 $6.5m $5.6m ($1.3m) ($8.0m) $4.8m $4.3m $3.4m $5.2m ($2.8m) ($8.3m)
Depreciation, Depletion and Amortization $6.2m $7.2m $7.8m $7.3m $5.6m $6.9m $7.6m $9.5m $11.0m $9.6m
Amortization of Deferred Charges — — — — — $276k $301k $328k $97k $0
Amortization of Debt Issuance Costs — $17k $30k $30k $30k $95k $143k $154k $339k $1.6m
Amortization of Intangible Assets $1.1m $1.1m $1.1m $600k — — — — — —
Depreciation $6.2m $7.2m $7.8m $7.3m $5.6m $6.9m $5k $4.7m $5.3m $5.2m
Deferred Income Tax Expense (Benefit) ($1.3m) ($471k) ($1.6m) ($1.1m) ($958k) ($942k) $481k ($2.0m) ($4.1m) ($6.6m)
Share-based Payment Arrangement, Noncash Expense $764k $692k $447k $436k $266k $192k $293k $254k ($444k) $218k
Payment, Tax Withholding, Share-based Payment Arrangement — $122k $0 $0 — ($43k) $0 — — —
Share-based Payment Arrangement, Expense $800k $700k $400k $400k $300k $200k $300k $300k — —
Goodwill and Intangible Asset Impairment — — — $12.4m $0 $0 — — — —
Goodwill, Impairment Loss — — — $10.0m — — — — — —
Impairment of Intangible Assets, Finite-lived — — — $2.5m — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $0 ($101k) ($20k) ($3k) ($207k) $0 ($12k) — — —
Gain (Loss) on Disposition of Assets — — — — — — — $21k $32k $42k
Income Tax Expense (Benefit) $1.6m $1.6m ($117k) ($758k) ($439k) $1.6m $314k $1.1m ($2.4m) ($3.6m)
Interest Expense Nonoperating — — — — — — — — $11.9m $12.5m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $16.2m ($4.9m) ($589k) $1.4m $14.7m $23.1m ($19.4m) ($17.4m) ($32.5m) ($7.7m)
Increase (Decrease) in Accounts Payable ($2.6m) ($5.9m) $23.3m ($2.6m) $6.6m $12.6m $28.6m ($5.5m) ($36.5m) ($15.7m)
Goodwill $10.0m $10.0m $10.0m $0 — — — — — —
Insured Event, Gain (Loss) — — — — — — — $4.3m $431k $0
Inventory Write-down $757k $496k $31k $91k $136k $753k $950k $427k $322k $98k
Operating Expenses $28.4m $28.8m $33.1m $40.6m $28.4m $32.5m $34.4m $31.1m $33.1m $35.9m
Payments of Financing Costs $113k $221k $21k $15k $84k $617k $118k $245k $807k $3.0m
Proceeds from Stock Options Exercised $0 $0 — — — — — — — —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — — — — — — $1.8m
Net Cash Provided by (Used in) Operating Activities $4.6m $9.4m $11.5m $919k ($31.0m) ($15.1m) ($4.9m) ($11.3m) $13.8m $18.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $13.3m $9.3m $4.5m $8.4m $8.6m $10.6m $6.8m $9.8m $4.0m $4.1m
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($5.7m) ($8.5m) ($3.5m) ($1.9m) ($3.6m) ($10.6m) ($8.1m) ($4.5m) ($2.1m) ($4.2m)
Cash flows from financing activities:
Repayments of Long-term Debt $5.0m $5.4m $5.9m $5.9m $7.1m $11.7m $2.1m $2.4m $3.0m $4.8m
Net Cash Provided by (Used in) Financing Activities $1.7m ($1.6m) ($8.0m) $1.2m $34.5m $28.6m $11.2m $17.7m ($10.5m) ($18.1m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $646k ($645k) ($30k) $258k ($48k) $2.9m ($1.8m) $1.9m $1.1m ($3.4m)
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $2.8m $2.5m $3.8m $5.1m $802k $10.3m $11.1m
Income Taxes Paid, Net $813k $1.8m $304k ($511k) $683k $2.0m $1.3m $1.4m $2.4m $989k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.