← LAKELAND INDUSTRIES INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $3.9m $440k $1.5m $3.3m $35.1m $11.4m $1.9m $5.4m ($18.1m) ($25.3m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — $35.1m $11.4m $1.9m $5.4m ($18.1m) ($25.3m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $3.9m $440k — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $0 — — — — — — — —
Depreciation, Depletion and Amortization $1.2m $775k $965k $1.6m $2.0m $1.9m $1.5m $2.1m $2.6m $2.8m
Depreciation $1.1m $775k — — — — — $2.1m $3.3m $5.1m
Amortization of Intangible Assets — — — — — — — $423k $997k $2.2m
Other Depreciation and Amortization — — — — — — — — $1.0m $2.2m
Deferred Income Tax Expense (Benefit) $734k $6.0m $290k $1.3m $3.1m $659k $78k ($819k) ($4.2m) $4.6m
Share-based Payment Arrangement, Noncash Expense $276k $424k $744k ($403k) $1.7m $1.7m $1.5m $1.4m $1.6m $3.4m
Payment, Tax Withholding, Share-based Payment Arrangement $21k $376k $26k $24k $116k $622k $842k $420k — —
Share-based Payment Arrangement, Expense $276k $425k $744k ($403k) — — — — — —
Goodwill and Intangible Asset Impairment — — — — — — — — ($10.5m) ($2.6m)
Goodwill, Impairment Loss — $0 — — — — — — $10.5m $2.6m
Gain (Loss) on Disposition of Property Plant Equipment ($138k) ($3k) ($18k) ($19k) $7k $39k $6k $3.8m ($61k) ($113k)
Income Tax Expense (Benefit) $2.4m $7.9m $2.0m $2.5m $8.8m $4.8m $3.6m $3.9m ($281k) $7.6m
Operating Lease, Expense — — — $957k $102k — — — — —
Other Nonoperating Income (Expense) $46k $29k $41k ($7k) $50k $121k — — $198k ($40k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($896k) $3.1m $2.5m $1.4m ($4.0m) $6.7m $2.3m $853k $2.8m $2.7m
Increase (Decrease) in Inventories ($5.5m) $7.1m ($152k) $2.2m $547k ($4.4m) $9.7m ($7.7m) $14.2m ($1.8m)
Increase (Decrease) in Accounts Payable $585k $2.0m ($372k) $1.1m $191k ($1.5m) $36k $417k $6.0m ($1.1m)
Proceeds from Stock Options Exercised $41k $0 — — — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax — $1.1m ($500k) ($400k) — — — — — $1.3m
Foreign Currency Transaction Gain (Loss), Realized — — — — $100k $300k $900k — — —
Goodwill $871k $871k $871k $871k $871k — — $13.7m $16.2m $15.3m
Operating Costs and Expenses — — — — — — — — $4.1m $4.8m
Operating Expenses $24.8m $27.7m $30.3m $32.0m $35.4m $34.9m $40.3m $45.2m $67.4m $77.0m
Provision for Loan, Lease, and Other Losses $0 $0 — — — — — — — —
Revenue from Contract with Customer, Including Assessed Tax — — — — — — — — $167.2m $192.6m
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $0 $0 — — — — — — — —
Other Operating Income (Expense), Net — — — — — — ($33k) $3.4m — —
Net Cash Provided by (Used in) Operating Activities $11.5m $648k $1.8m $3.6m $40.7m $12.8m ($5.5m) $10.9m ($15.9m) ($15.8m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $413k $905k $3.1m $1.0m $1.7m $801k $2.0m $2.1m $1.5m $671k
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — — $45.1m $6.2m
Payments to Acquire Investments — — — — — — — — $1.1m $0
Net Cash Provided by (Used in) Investing Activities ($413k) ($905k) ($3.1m) ($1.0m) ($1.7m) ($3.6m) ($14.8m) ($5.1m) ($47.7m) ($1.2m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — $1.6m $0 — — — — — — —
Repayments of Long-term Debt $25k $854k $151k $0 — — — — — $3.2m
Proceeds from Issuance of Common Stock — $10.1m $0 — — — — — — —
Payments of Ordinary Dividends, Common Stock — — — — — — — — $887k $1.2m
Payments of Dividends — — — — — — — — $887k $1.2m
Net Cash Provided by (Used in) Financing Activities — $5.6m ($1.6m) ($688k) ($1.3m) ($9.8m) ($5.9m) ($3.5m) $56.6m $12.5m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($73k) $101k — ($94k) $263k $727k ($2.0m) ($1.8m) ($711k) ($532k)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($73k) $101k — ($94k) $263k $123k ($28.1m) $583k ($7.7m) ($5.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $24.6m $25.2m $17.5m $12.5m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $620k $163k $125k $116k $23k $15k $37k $63k $1.6m $2.1m
Income Taxes Paid, Net $1.6m $1.3m $1.7m $1.7m $3.6m $5.3m $3.2m $2.2m $3.2m $3.0m

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