← LITTELFUSE INC /DE
| 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 From Continuing Operations | — | — | — | — | — | — | $373.3m | $259.5m | $100.2m | ($71.7m) | |
| Net Income (Loss) Attributable to Parent | $104.5m | — | — | — | — | — | $373.3m | $259.5m | $100.2m | ($71.7m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | $373.3m | $259.5m | $100.2m | ($71.7m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $104.5m | $119.5m | $164.6m | $139.1m | $130.0m | — | — | — | — | — | |
| Amortization | — | — | — | — | — | — | — | — | $62.1m | $59.8m | |
| Amortization Cash Flow | — | — | — | — | — | — | $55.7m | $65.8m | $62.1m | $59.8m | |
| Amortization of Intangible Assets | $19.3m | $24.7m | $52.2m | $40.0m | $40.0m | — | $55.7m | $65.8m | $62.1m | $59.8m | |
| Amortization of intangibles | $11.9m | $24.7m | $52.2m | $40.0m | $40.0m | — | $42.7m | $65.8m | $62.1m | $59.8m | |
| Depreciation | $33.8m | $38.3m | $51.0m | $52.5m | $56.1m | — | $65.0m | $71.6m | $68.3m | $74.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $120.7m | $137.4m | $130.5m | $134.7m | |
| Depreciation, Depletion and Amortization | $53.1m | $63.0m | $103.2m | $92.5m | $96.2m | — | $120.7m | $137.4m | $68.3m | $74.9m | |
| Deferred Income Tax | — | — | — | — | — | — | ($22.4m) | $46k | ($2.8m) | $3.3m | |
| Deferred Income Tax Expense (Benefit) | ($5.3m) | $17.1m | ($4.7m) | ($1.1m) | ($3.2m) | — | ($22.4m) | $46k | ($2.8m) | $3.3m | |
| Deferred Tax | — | — | — | — | — | — | ($22.4m) | $46k | ($2.8m) | $3.3m | |
| Deferred income taxes | $11.5m | $17.1m | ($4.7m) | ($1.1m) | ($3.2m) | — | ($8.0m) | $46k | ($2.8m) | $3.3m | |
| Asset Impairment Charge | — | — | — | — | — | — | $4.5m | $4.9m | $93.5m | $302.1m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($1.4m) | — | — | — | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | $14.8m | — | $0 | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $33.8m | — | $0 | $0 | $44.8m | $301.2m | |
| Impairment charges | $14.8m | $0 | $2.2m | $322k | $36.1m | — | $0 | $4.9m | $93.5m | $302.1m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | $2.9m | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $6.0m | — | — | — | — | — | — | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | $12.6m | $13.0m | $41.7m | — | $10.0m | $16.5m | $108.4m | $320.1m | |
| Share-based Payment Arrangement, Expense | $12.8m | $17.3m | $28.2m | $19.9m | $19.1m | — | $24.6m | $25.7m | $27.4m | $28.6m | |
| Share-based Payment Arrangement, Noncash Expense | $12.0m | $16.3m | $27.4m | $19.0m | $18.1m | — | $23.6m | $23.9m | $26.0m | $27.3m | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($813k) | ($3.6m) | $9.6m | $6.2m | $4.8m | — | $15.4m | $832k | $10.8m | $5.8m | |
| Income (Loss) from Equity Method Investments | — | — | $700k | $600k | $0 | — | $1.3m | $500k | ($600k) | ($1.0m) | |
| Income Tax Expense (Benefit) | $18.8m | $84.5m | $40.4m | $26.8m | $31.3m | — | $69.7m | $69.1m | $51.7m | $75.3m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $38.7m | $34.3m | |
| Operating Lease, Expense | — | — | — | $10.1m | $10.4m | — | $16.4m | $18.3m | $19.7m | $21.2m | |
| Other Nonoperating Income (Expense) | $1.7m | $1.3m | $1.6m | $583k | $5.1m | — | ($7.2m) | $19.9m | $22.6m | $17.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts payable | $2.6m | $6.5m | $13.7m | ($22.6m) | $28.8m | — | $40.5m | ($36.3m) | $16.3m | $11.3m | |
| Accrued liabilities and income taxes | $6.5m | $7.6m | $29.3m | ($54.2m) | $6.8m | — | $30.8m | ($61.0m) | ($34.6m) | $4.1m | |
| Beginning Cash Position | — | — | — | — | — | — | $482.8m | $564.9m | $557.1m | $726.4m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $310.2m | ($185.7m) | ($112.4m) | ($149.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($636.4m) | ($284.3m) | ($65.8m) | ($468.9m) | |
| Change In Account Payable | — | — | — | — | — | — | ($22.4m) | ($36.3m) | $16.3m | $11.3m | |
| Change In Accrued Expense | — | — | — | — | — | — | ($9.5m) | ($61.0m) | ($34.6m) | $4.1m | |
| Change In Inventory | — | — | — | — | — | — | ($89.2m) | $82.5m | $47.1m | $40.2m | |
| Change In Payable | — | — | — | — | — | — | ($22.4m) | ($36.3m) | $16.3m | $11.3m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($31.9m) | ($97.3m) | ($18.3m) | $15.4m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($2.0m) | $14.4m | $16.8m | $7.7m | |
| Change In Receivables | — | — | — | — | — | — | ($19.3m) | $24.5m | ($15.3m) | ($36.4m) | |
| Change In Working Capital | — | — | — | — | — | — | ($142.5m) | $24.1m | $30.3m | $26.9m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($19.3m) | $24.5m | ($15.3m) | ($36.4m) | |
| Changes In Cash | — | — | — | — | — | — | $93.5m | ($12.7m) | $189.4m | ($184.4m) | |
| Deferred revenue | $0 | $0 | $4.0m | ($318k) | ($593k) | — | ($2.6m) | $1.8m | ($2.0m) | $2.4m | |
| End Cash Position | — | — | — | — | — | — | $564.9m | $557.1m | $726.4m | $565.1m | |
| Financing Cash Flow | — | — | — | — | — | — | $310.2m | ($185.7m) | ($112.4m) | ($149.3m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($472k) | ($2.4m) | $863k | ($5.2m) | $14.9m | — | ($24.4m) | ($12.3m) | $9.2m | ($16.6m) | |
| Free Cash Flow | — | — | — | — | — | — | $315.4m | $371.2m | $291.7m | $366.1m | |
| Gain (Loss) on Sale of Derivatives | — | — | — | — | $200k | — | — | — | — | — | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $14.0m | $291k | ($112k) | $3.6m | |
| Goodwill | $403.5m | $453.4m | $826.7m | $820.6m | $816.8m | — | $1.2b | $1.3b | $1.2b | $1.2b | |
| Increase (Decrease) in Accounts Payable | $19.2m | $6.5m | $13.7m | ($22.6m) | $28.8m | — | ($22.4m) | ($36.3m) | $16.3m | $11.3m | |
| Increase (Decrease) in Accounts Receivable | $25.2m | $11.1m | $3.5m | ($28.5m) | $25.6m | — | $19.3m | ($24.5m) | $15.3m | $36.4m | |
| Increase (Decrease) in Inventories | ($8.5m) | $20.2m | $34.0m | ($22.1m) | $12.4m | — | $89.2m | ($82.5m) | ($47.1m) | ($40.2m) | |
| Inventories | ($3.6m) | ($20.2m) | ($34.0m) | $22.1m | ($12.4m) | — | ($104.6m) | $82.5m | $47.1m | $40.2m | |
| Inventory Write-down | — | — | — | — | — | — | — | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($636.4m) | ($284.3m) | ($65.8m) | ($468.9m) | |
| Loss (gain) on investments and other assets | — | $0 | ($670k) | $4.9m | ($4.7m) | — | ($8.9m) | $291k | ($112k) | $3.6m | |
| Net (loss) income | $82.5m | $119.5m | $164.6m | $139.1m | $130.0m | — | $283.8m | $259.5m | $100.2m | ($71.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($532.7m) | ($198.8m) | $0 | ($407.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($103.7m) | ($85.4m) | ($65.0m) | ($61.8m) | |
| Net proceeds related to stock-based award activities | ($20.5m) | $2.4m | $18.9m | $7.8m | $18.7m | — | $13.4m | $7.9m | $5.7m | $22.6m | |
| Operating Expenses | $282.5m | $288.0m | $427.5m | $348.7m | $338.8m | — | $506.1m | $539.4m | $628.8m | $868.5m | |
| Operating Gains Losses | — | — | — | — | — | — | $14.0m | $291k | ($112k) | $3.6m | |
| Other | ($162k) | ($1.6m) | ($903k) | $0 | ($18.2m) | — | ($390k) | ($151k) | ($741k) | ($4.5m) | |
| Other Non Cash Items | — | — | — | — | — | — | $48.4m | $7.3m | ($9.9m) | $7.6m | |
| Payments of senior notes payable | — | — | — | — | $0 | — | ($25.0m) | ($121.3m) | $0 | ($50.0m) | |
| Payments of term loan | ($89.7m) | ($7.2m) | ($42.5m) | ($10.0m) | ($145.0m) | — | ($2.6m) | ($7.5m) | ($7.5m) | ($15.0m) | |
| Pension And Employee Benefit Expense | — | — | — | — | — | $19.9m | $0 | $0 | — | — | |
| Pension Cost (Reversal of Cost) | — | $2.2m | $2.7m | $2.5m | $3.9m | — | $3.7m | $4.5m | $5.3m | $5.5m | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | — | — | — | $0 | $0 | — | — | |
| Prepaid expenses and other assets | $5.2m | $19.8m | ($7.3m) | $10.6m | $6.8m | — | ($14.2m) | $14.4m | $16.8m | $7.7m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | ($862k) | $7.9m | $5.7m | $22.6m | |
| Proceeds from Stock Options Exercised | $20.5m | — | — | — | — | — | — | — | — | — | |
| Purchase Of Business | — | — | — | — | — | — | ($532.7m) | ($198.8m) | $0 | ($407.7m) | |
| Purchase Of PPE | $46.2m | $65.9m | $74.8m | $61.9m | $56.2m | $90.6m | ($104.3m) | ($86.2m) | ($75.9m) | ($67.6m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($40.9m) | ($27.6m) | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.7b | $1.5b | $1.4b | — | $2.5b | $2.4b | $2.2b | $2.4b | |
| Sale Of PPE | — | — | — | — | — | — | $676k | $832k | $10.8m | $5.8m | |
| Stock-based compensation | $10.3m | $16.3m | $27.4m | $19.0m | $18.1m | — | $19.6m | $23.9m | $26.0m | $27.3m | |
| Trade receivables | ($14.4m) | ($11.1m) | ($3.5m) | $28.5m | ($25.6m) | — | ($10.2m) | $24.5m | ($15.3m) | ($36.4m) | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | $4.7m | — | ($14.0m) | ($291k) | $112k | ($3.6m) | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | $25k | ($238k) | ($260k) | ($236k) | — | $820k | $266k | ($299k) | ($12k) | |
| Net Cash Provided by (Used in) Operating Activities | $180.1m | $269.2m | $331.8m | $245.3m | $258.0m | $373.3m | $419.7m | $457.4m | $367.6m | $433.8m | |
| Cash flows from investing activities: | |||||||||||
| Capital expenditures, not yet paid | — | $0 | $0 | $11.1m | $6.1m | — | $11.9m | $9.2m | $11.7m | $9.3m | |
| Payments to Acquire Property, Plant, and Equipment | $46.2m | $65.9m | $74.8m | $61.9m | $56.2m | — | $104.3m | $86.2m | $75.9m | $67.6m | |
| Acquisitions of businesses, net of cash acquired | ($4.6m) | ($38.5m) | ($318.5m) | ($775k) | $0 | — | ($423.6m) | ($198.8m) | $0 | ($407.7m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $471.1m | $38.5m | $318.5m | $775k | $0 | — | $532.7m | $198.8m | $0 | $407.7m | |
| Net Other Investing Changes | — | — | — | — | — | — | ($62k) | ($151k) | ($741k) | $689k | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | $62k | $151k | $741k | ($689k) | |
| Net Cash Provided by (Used in) Investing Activities | ($511.2m) | ($96.1m) | ($382.2m) | ($56.5m) | ($51.4m) | — | ($636.4m) | ($284.3m) | ($65.8m) | ($468.9m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | $0 | $400.0m | $0 | $0 | — | |
| Long Term Debt Issuance | — | — | — | — | — | $0 | $400.0m | $0 | $0 | — | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $369.7m | ($131.5m) | ($10.2m) | ($67.8m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $369.7m | ($131.5m) | ($10.2m) | ($67.8m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | — | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | — | — | — | — | |
| Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($30.3m) | ($131.5m) | ($10.2m) | ($67.8m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($30.3m) | ($131.5m) | ($10.2m) | ($67.8m) | |
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | — | — | |
| Repayments of other debts | — | — | — | — | $0 | — | ($1.6m) | ($2.7m) | ($2.7m) | ($2.8m) | |
| Short Term Debt Payments | — | — | — | — | — | ($30.0m) | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($40.9m) | ($27.6m) | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($40.9m) | ($27.6m) | |
| Payments for Repurchase of Common Stock | — | — | $63.6m | $99.4m | $22.9m | — | $0 | — | $40.9m | $27.6m | |
| Purchases of common stock | ($31.3m) | $0 | ($63.6m) | ($99.4m) | ($22.9m) | — | $0 | $0 | ($40.9m) | ($27.6m) | |
| Cash dividends paid | ($24) | ($32) | ($40) | ($45) | ($47) | — | ($50) | ($62) | ($67) | ($72) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($55.9m) | ($62.2m) | ($67.1m) | ($72.0m) | |
| Dividends paid | $28 | $32 | $40 | $45 | $47 | — | $56 | $62 | $67 | $72 | |
| Net Other Financing Charges | — | — | — | — | — | — | ($2.7m) | — | — | ($4.5m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($903k) | $0 | — | — | — | — | — | ($4.5m) | |
| Net Cash Provided by (Used in) Financing Activities | $284.2m | ($24.7m) | $121.9m | ($146.3m) | ($67.8m) | — | $310.2m | ($185.7m) | ($112.4m) | ($149.3m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($11.4m) | $4.8m | ($20.1m) | $23.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($1.2m) | $17.6m | — | ($11.4m) | $4.8m | ($20.1m) | $23.0m | |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | — | $6.2m | ($11.4m) | ($1.2m) | $17.6m | — | ($9.9m) | $4.8m | ($20.1m) | $23.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $41.4m | $156.4m | — | $82.1m | ($7.8m) | $169.3m | ($161.3m) | |
| (Decrease) increase in cash, cash equivalents, and restricted cash | — | $154.6m | $60.1m | $41.4m | $156.4m | — | ($204.7m) | ($7.8m) | $169.3m | ($161.3m) | |
| Cash and cash equivalents | $328.8m | $429.7m | $489.7m | $531.1m | $687.5m | — | $478.5m | $555.5m | $724.9m | $563.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $531.1m | $687.5m | — | $564.9m | $557.1m | $726.4m | $565.1m | |
| Cash, cash equivalents, and restricted cash at beginning of period | — | $429.7m | $489.7m | $531.1m | $687.5m | — | $482.8m | $557.1m | $726.4m | $565.1m | |
| Restricted cash included in other long-term assets | — | — | — | $0 | $0 | — | $1.6m | $1.6m | $1.5m | $1.7m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $82.1m | ($7.8m) | $169.3m | ($161.3m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $10.6m | $18.5m | $21.2m | $20.1m | — | $25.4m | $37.2m | $36.2m | $34.4m | |
| Income Taxes Paid, Net | — | $18.1m | $41.9m | $40.5m | $27.6m | — | $93.6m | $73.9m | $83.8m | $81.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.