← LINDSAY 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 earnings $20.3m $23.2m $20.3m $2.2m $38.6m $42.6m $65.5m $72.4m $66.3m $74.1m
Net Income (Loss) Attributable to Parent $20.3m $23.2m $20.3m $2.2m $38.6m $42.6m $65.5m $72.4m $66.3m $74.1m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — $2.2m $38.6m $42.6m $65.5m $72.4m $66.3m —
Depreciation and amortization $16.9m $16.7m $16.5m $14.0m $19.4m $19.2m $20.2m $19.3m $21.2m $20.9m
Amortization of Intangible Assets $4.7m $4.4m $4.0m $2.9m $2.5m $2.2m $2.0m $2.0m $2.9m $2.2m
Depreciation $12.2m $12.2m $12.5m $11.1m $11.6m $12.7m $13.5m $13.9m $14.8m $20.9m
Deferred Income Tax Expense (Benefit) ($5.8m) ($903k) ($50k) ($5.7m) $1.4m $1.9m ($2.1m) $0 ($3.9m) —
Deferred income taxes ($5.8m) ($903k) ($50k) ($5.7m) $1.4m $1.9m ($2.1m) $0 ($3.9m) ($1.4m)
Share-based Payment Arrangement, Noncash Expense $3.1m $3.6m $3.9m $4.2m $5.6m $6.2m $5.5m $6.5m $6.4m —
Payment, Tax Withholding, Share-based Payment Arrangement $712k $635k $833k $1.1m $1.1m $1.3m $1.2m $2.5m $1.6m —
Share-based Payment Arrangement, Expense $3.1m $3.6m $3.9m $4.4m $5.8m $6.5m $5.7m $6.7m $6.5m —
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Share-based compensation expense $3.1m $3.6m $3.9m $4.2m $5.6m $6.2m $5.5m $6.5m $6.4m $8.1m
Gain (Loss) on Disposition of Business — — ($4.1m) ($301k) $0 $1.1m — — — —
Gain (Loss) on Disposition of Property Plant Equipment — — — — $1.2m — — — — —
Income Tax Expense (Benefit) $9.0m $12.5m $13.6m ($65k) $10.2m $7.8m $22.4m $28.0m $12.8m $20.5m
Interest Expense Nonoperating — — — — — — — — $3.2m $1.8m
Operating Lease, Expense — — — — $0 $0 $0 $0 $0 $0
Other Nonoperating Income (Expense) — $907k ($1.7m) ($1.6m) ($2.6m) ($53k) ($3.1m) ($804k) $487k $574k
Purchase of equity method investment — — — — — — — $0 $0 ($5.8m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $4.7m ($8.0m) $3.7m $8.0m $9.5m $11.5m $47.5m $4.9m ($23.5m) —
Increase (Decrease) in Inventories ($1.3m) $10.1m $8.2m $16.2m $14.0m $38.2m $53.8m ($41.0m) $765k —
Increase (Decrease) in Accounts Payable ($7.1m) $4.1m $159k $2.1m ($691k) $18.0m $13.8m ($15.3m) ($6.0m) —
Foreign Currency Transaction Gain (Loss), before Tax — — — — ($1.1m) $1.9m ($2.3m) ($1.1m) $971k $718k
General and Administrative Expense $56.4m $47.0m $56.0m $63.7m $52.9m $51.9m $55.5m $56.4m $57.4m $63.0m
Goodwill $76.8m $77.1m $64.7m $64.4m $68.0m $68.0m $67.1m $83.1m $84.2m $84.5m
Investment Income, Interest $645k $1.2m $1.6m $2.4m $2.0m $1.1m $622k $2.8m $5.2m $7.7m
Nonoperating Income (Expense) — — — — ($5.4m) ($3.7m) ($6.8m) ($1.8m) $2.4m $6.5m
Operating Expenses $114.2m $104.8m $112.9m $108.5m $98.3m $96.1m $104.5m $110.8m $114.4m $122.7m
Proceeds from Stock Options Exercised $113k $3.0m $2.8m $177k $1.5m $4.0m $2.9m $32k $479k —
Unrealized Gain (Loss) on Derivatives — — — — — — — $100k $100k —
Provision for uncollectible accounts receivable ($843k) ($574k) ($2.6m) ($496k) $589k $771k $903k $881k $694k $1.7m
Foreign currency transaction (gain) loss — — $808k $709k $1.1m ($1.9m) $2.3m $1.1m ($971k) ($718k)
Other, net $89k $626k $2.9m $981k $1.4m $259k $695k $1.6m $450k ($2.7m)
Receivables ($4.7m) $8.0m ($3.7m) ($8.0m) ($9.5m) ($11.5m) ($47.5m) ($4.9m) $23.5m $3.4m
Inventories $1.3m ($10.1m) ($8.2m) ($16.2m) ($14.0m) ($38.2m) ($53.8m) $41.0m ($765k) $19.1m
Other current assets ($1.0m) $4.6m ($1.1m) $173k ($6.6m) ($8.1m) $1.2m $4.7m ($9.5m) ($784k)
Accounts payable ($7.1m) $4.1m $159k $2.1m ($691k) $18.0m $13.8m ($15.3m) ($6.0m) $11.1m
Other current liabilities ($283k) ($717k) $3.7m $2.6m $16.7m $18.4m $186k ($9.1m) ($8.2m) ($4.4m)
Other noncurrent assets and liabilities $12.0m ($5.9m) ($1.9m) $4.8m ($6.8m) ($2.5m) ($3.8m) $1.6m $6.6m $4.6m
Proceeds from sale of assets held-for-sale — — $0 $0 $4.0m $0 $0 — — —
Purchases of marketable securities available-for-sale — — $0 $0 ($28.0m) ($19.4m) ($18.5m) ($4.9m) ($18.8m) ($14.7m)
Proceeds from maturities of marketable securities available-for-sale — — $0 $0 $8.5m $18.8m $26.0m $11.0m $24.6m $15.0m
Proceeds from settlement of net investment hedge $3.4m $2.1m $2.3m $2.3m $1.5m — — $0 $0 $835k
Payments for settlement of net investment hedge ($2.9m) ($3.5m) ($3.1m) ($327k) $0 — — $0 $0 ($98k)
Repurchase of common shares ($48.3m) — — — — — $0 $0 ($22.5m) ($11.5m)
Proceeds from exercise of stock options $113k $3.0m $2.8m $177k $1.5m $4.0m $2.9m $32k $479k $1.5m
Common stock withheld for payroll tax obligations ($712k) ($635k) ($833k) ($1.1m) ($1.1m) ($1.3m) ($1.2m) ($2.5m) ($1.6m) ($1.4m)
Proceeds from employee stock purchase plan — — — — $0 $0 $412k $444k — —
Issuance of notes receivable from sale of business — — $0 $5.6m $0 $2.1m $0 $0 — —
Earn-out liability related to business acquisition — — $0 $0 $1.2m $0 $0 — — —
Holdback related to business acquisition — — $0 $0 $300k $0 $0 — — —
Net Cash Provided by (Used in) Operating Activities $33.1m $39.4m $33.9m $3.8m $46.0m $44.0m $3.0m $119.7m $95.8m $132.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $11.5m $8.9m $11.1m $23.2m $21.4m $26.5m $15.6m $18.8m $29.0m ($42.5m)
Payments to Acquire Businesses, Net of Cash Acquired — — — — $3.0m $0 $0 $30.8m $0 —
Acquisition of business, net of cash acquired — — $0 $0 ($3.0m) $0 $0 ($30.8m) $0 $0
Payments for (Proceeds from) Other Investing Activities ($1.1m) ($233k) ($82k) ($57k) $0 $577k $855k $3.9m $2.8m —
Other investing activities, net $1.1m $233k $82k $57k $0 ($577k) ($855k) ($3.9m) ($2.8m) ($1.3m)
Net Cash Provided by (Used in) Investing Activities ($9.9m) ($10.0m) $18.1m ($21.2m) ($38.5m) ($27.6m) ($8.9m) ($47.4m) ($25.9m) ($48.6m)
Cash flows from financing activities:
Repayments of Long-term Debt $193k $197k $201k $205k $227k $195k $218k $222k — —
Principal payments on long-term debt ($193k) ($197k) ($201k) ($205k) ($227k) ($195k) ($218k) ($222k) — —
Payments for Repurchase of Common Stock $48.3m — — — — — — — $22.5m —
Dividends paid $12 $12 $13 $13 $14 $14 $15 $15 $15 ($16)
Proceeds from (Payments for) Other Financing Activities — — — — — — — — $370k —
Other financing activities, net — — — — — — $194k $222k $370k $372k
Net Cash Provided by (Used in) Financing Activities ($61.4m) ($10.3m) ($11.3m) ($14.6m) ($13.4m) ($11.7m) ($12.7m) ($17.3m) ($38.6m) ($26.9m)
Effect of exchange rate changes on cash and cash equivalents $297k $1.2m ($1.6m) ($1.5m) $117k $1.0m ($3.5m) $716k ($1.1m) $2.2m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($33.6m) ($5.8m) $5.7m ($22.1m) $55.7m $30.1m —
Net change in cash and cash equivalents ($37.8m) $20.4m $39.2m ($33.6m) ($5.8m) $5.7m ($22.1m) $55.7m $30.1m $59.7m
Cash and cash equivalents, beginning of period $139.1m $101.2m $121.6m $127.2m $121.4m $127.1m $105.0m $160.8m $190.9m $250.6m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $4.7m $4.7m $4.6m $4.7m $4.7m $4.6m $3.8m $3.9m $3.3m $1.8m
Income Taxes Paid, Net $18.4m $16.2m $11.2m $7.9m $7.3m $6.8m $15.7m $20.3m $22.3m $20.8m

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