← LIFETIME BRANDS, 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 $15.7m $2.2m ($1.7m) ($44.4m) ($3.0m) $20.8m ($6.2m) ($8.4m) ($15.2m) ($26.9m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — ($1.7m) ($44.4m) ($3.0m) $20.8m ($6.2m) ($8.4m) ($15.2m) —
Depreciation and amortization $14.1m $14.2m $23.3m $25.1m $24.7m $22.5m $19.5m $19.6m $22.3m $21.8m
Amortization of Debt Issuance Costs $650k $519k $1.5m $1.7m $1.8m $1.7m $1.8m $2.0m $2.9m $2.8m
Amortization of Intangible Assets $6.2m $6.8m $15.3m $16.8m $17.0m $16.2m $14.5m $14.8m $15.6m $17.4m
Depreciation $8.0m $6.6m $8.0m $8.0m $7.4m $6.0m $5.0m $4.7m $6.7m $4.4m
Deferred Income Tax Expense (Benefit) ($2.0m) $1.0m $2.1m ($1.1m) ($1.9m) $1.8m ($3.8m) ($2.1m) ($2.0m) ($4.0m)
Share-based Payment Arrangement, Noncash Expense $2.9m $3.4m $4.1m $5.0m $6.0m $5.2m $3.8m $3.7m $3.9m $3.3m
Payment, Tax Withholding, Share-based Payment Arrangement — $644k $561k $399k $658k $3.2m $1.1m $537k $1.1m $416k
Share-based Payment Arrangement, Expense — — — $5.0m $6.0m $5.2m $3.8m $3.7m $3.9m $3.3m
Equity Method Investment, Other than Temporary Impairment — — $200k — — — — — — —
Goodwill and Intangible Asset Impairment — — — — $20.1m $14.8m $0 $0 — —
Goodwill, Impairment Loss — — $2.2m $43.0m $19.1m — — — — $33.2m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — $1.0m — — — — —
Gain (Loss) on Disposition of Assets ($84k) — — — — — — $0 $0 ($94k)
Gain (Loss) on Disposition of Property Plant Equipment — — — — — — — — — $94k
Gain (Loss) on Extinguishment of Debt ($272k) ($110k) ($66k) $0 $0 — — — — $0
Income (Loss) from Equity Method Investments $748k $407k $660k $467k $1.3m $962k ($9.5m) ($12.7m) ($2.1m) $0
Income Tax Expense (Benefit) $7.0m $9.0m $2.9m $1.1m $9.9m $16.5m $5.7m $6.2m $3.3m ($3.3m)
Interest Expense Nonoperating — — — — — — — — — $20.0m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions $544k $379k $545k $343k $1.3m $807k ($9.5m) ($12.7m) ($2.1m) $0
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $18.0m ($1.5m) ($8.0m) $2.3m $43.8m $5.5m ($33.9m) $15.0m $3.2m $4.9m
Increase (Decrease) in Inventories ($4.5m) ($10.8m) $13.8m $7.5m $29.0m $67.5m ($47.4m) ($35.4m) $14.6m ($11.2m)
Debt and Equity Securities, Gain (Loss) — — — — — — $0 $0 ($14.2m) $0
Debt and Equity Securities, Unrealized Gain (Loss) — — — — — — $0 $0 ($14.2m) $0
Environmental Remediation Expense — — — — — — $5.1m $0 $0 —
Foreign Currency Transaction Gain (Loss), Realized $4.2m ($3.0m) $0 $100k $500k ($1.3m) ($1.5m) ($100k) ($600k) $700k
Goodwill $14.2m $15.8m $91.7m $49.4m $30.3m $30.3m $33.2m $33.2m $33.2m $0
Payments of Financing Costs $30k $31k $11.2m $0 $0 — $1.0m $9.5m $0 $0
Proceeds from Stock Options Exercised $2.4m $2.5m $286k $132k $27k $877k $233k $0 $0 —
Revenue from Contract with Customer, Including Assessed Tax — — $704.5m — — — — — — —
Stock or Unit Option Plan Expense $1.4m $1.1m $700k — — — — — — —
Unrealized Gain (Loss) on Derivatives — — — — ($2.1m) $1.1m $2.0m ($499k) ($466k) ($754k)
Net Cash Provided by (Used in) Operating Activities $29.7m $17.0m $19.2m $29.9m $44.8m $37.0m $24.3m $56.4m $18.6m $7.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.4m $6.3m $7.9m $9.2m $2.1m $4.0m $3.0m $2.8m $2.2m $4.4m
Payments to Acquire Businesses, Net of Cash Acquired — $9.1m $216.5m $0 $0 $178k — — — —
Net Cash Provided by (Used in) Investing Activities ($24.4m) ($15.4m) ($224.2m) ($9.2m) ($2.1m) ($1.1m) ($20.9m) ($2.8m) ($2.2m) ($4.3m)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $86k — — — $0 $0 $6.3m $2.5m $0 $0
Dividends paid $2.4m $2.5m $3.3m $3.6m $3.7m $3.8m $3.8m $3.7m $3.8m $3.8m
Net Cash Provided by (Used in) Financing Activities ($4.2m) ($2.3m) $205.3m ($16.9m) ($18.2m) ($44.0m) ($7.6m) ($61.1m) ($29.5m) ($2.2m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($384k) $376k ($236k) ($64k) $98k $161k ($155k) $23k ($112k) $203k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $752k ($283k) $47k $3.7m $24.6m ($8.0m) ($4.4m) ($7.4m) ($13.3m) $1.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $7.6m $11.4m $36.0m $28.0m $23.6m $16.2m $2.9m $4.3m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $16.3m $18.9m $15.5m $13.7m $15.4m $18.6m $20.0m $17.7m
Income Taxes Paid, Net — — — $2.1m $5.2m $19.0m $9.8m $8.1m $6.0m $3.2m

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