LSB INDUSTRIES, 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 $112.2m ($29.2m) ($72.2m) ($63.4m) ($61.9m) $43.5m $230.3m $27.9m ($19.4m) $24.6m
Net Income (Loss) Available to Common Stockholders, Basic $64.8m ($59.4m) ($102.7m) ($96.4m) ($99.4m) ($220.0m) $230.3m $27.9m ($19.4m) $24.6m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($72.2m) ($63.4m) ($61.9m) $43.5m $230.3m $27.9m ($19.4m) $24.6m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($88.1m) ($30.3m) ($72.2m) ($63.4m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $200.3m $1.1m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $200.3m $1.1m
Depreciation, Depletion and Amortization $59.4m $67.0m $70.3m $68.3m $69.6m $68.7m $66.9m $68.4m $74.3m $81.9m
Amortization $4.9m
Amortization of Debt Issuance Costs and Discounts $3.6m $3.8m $6.1m $2.1m $1.9m $1.6m $1.6m
Deferred Income Tax Expense (Benefit) ($42.0m) ($40.4m) $1.8m ($20.9m) ($4.8m) ($4.3m) $36.9m $5.4m ($6.9m) $7.7m
Share-based Payment Arrangement, Noncash Expense $4.0m $5.2m $8.4m $2.2m $1.8m $5.5m $4.0m $5.4m $6.6m $7.4m
Payment, Tax Withholding, Share-based Payment Arrangement $1.4m $2.0m $949k $326k $4.2m $4.0m $2.7m $2.2m $1.2m
Goodwill, Impairment Loss $1.6m
Gain (Loss) on Disposition of Property Plant Equipment ($355k) $67.0m $70.3m $68.3m ($636k) $68.7m $66.9m $68.4m ($11.7m) ($6.4m)
Gain (Loss) on Extinguishment of Debt ($8.7m) ($6.0m) ($10.3m) ($113k) $8.6m $3.0m ($52k)
Income Tax Expense (Benefit) ($42.0m) ($40.8m) $1.7m ($20.9m) ($4.7m) ($4.6m) $39.2m $6.0m ($6.7m) $7.9m
Operating Lease, Expense $9.8m $10.2m
Other Nonoperating Income (Expense) ($218k) $306k $1.6m ($1.1m) ($10k) ($2.4m) $8.1m $14.6m $10.9m $6.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $6k $6.3m $2.2m ($8.8m) $4.7m $42.9m ($10.2m) ($35.1m) ($1.6m) $18.6m
Increase (Decrease) in Inventories ($1.4m) ($56k) $6.7m ($6.1m) ($3.5m) ($3.3m) $14.3m ($2.8m) ($2.9m) ($6.2m)
Increase (Decrease) in Accounts Payable $16.6m $1.4m $14.2m ($8.0m) ($6.6m) $932k $18.8m ($264k) $13.4m ($15.2m)
Proceeds from Stock Options Exercised $371k $20k
Unrealized Gain (Loss) on Commodity Contracts ($1.6m)
Derivative, Gain (Loss) on Derivative, Net ($3.3m)
Other Operating Income (Expense), Net $872k ($4.6m) $2.0m ($9.9m) ($499k) $97k ($561k) $2.1m ($11.5m) ($5.5m)
Net Cash Provided by (Used in) Operating Activities ($1.7m) ($1.5m) $17.6m $2.1m ($2.5m) $87.6m $345.7m $137.5m $86.6m $95.5m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $212.5m $35.4m $37.0m $36.1m $30.5m $35.1m $45.8m $67.6m $92.3m $77.5m
Payments for (Proceeds from) Other Investing Activities ($3.9m) ($739k) ($389k) ($95k) ($4k) ($434k) ($3.3m) $405k $203k ($620k)
Net Cash Provided by (Used in) Investing Activities ($10.8m) ($25.7m) ($35.9m) ($28.4m) ($34.7m) ($369.7m) $57.4m ($53.1m) ($42.4m)
Cash flows from financing activities:
Dividends Payable $978k $1.3m $1.6m
Net Cash Provided by (Used in) Financing Activities ($2.0m) ($236k) $547k $30.6m $24.4m $12.9m $5.7m ($157.7m) ($114.3m) ($53.9m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($26.4m) ($7.6m) ($3.3m) ($6.5m) $65.9m ($18.4m) $37.3m ($80.8m) ($719k)
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $28.0m $34.3m $35.7m $42.2m $45.7m $43.6m $42.0m $42.9m $34.1m $29.6m
Income Taxes Paid, Net ($2.6m) ($674k) ($1.1m) ($65k) ($312k) ($182k) $1.5m $1.7m $511k $410k