← MasterCraft Boat Holdings, 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 $10.2m $19.6m $39.7m $21.4m ($24.0m) $56.2m $58.2m $68.9m $7.8m $7.0m
Net Income (Loss) Available to Common Stockholders, Basic $10.2m $19.6m $39.7m $21.4m ($24.0m) $56.2m $58.2m $68.9m $7.8m $7.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — $19.6m $39.7m $21.4m ($24.0m) $56.2m $58.2m — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — $2.3m $29.7m $90.5m $8.7m $10.7m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — $2.3m $29.7m $21.5m $922k $3.7m
Depreciation, Depletion and Amortization $3.4m $3.2m $5.1m $7.8m $10.5m $11.6m $13.6m $10.6m $11.2m $9.6m
Amortization of Debt Issuance Costs $85k $361k $496k $553k $600k $600k $200k $200k $300k $500k
Amortization of Debt Issuance Costs and Discounts — $361k $496k $553k $572k $570k $235k — — —
Amortization of Intangible Assets $221k $107k $1.6m $3.5m $3.9m $3.9m $4.0m $2.0m $1.8m $1.8m
Depreciation $3.2m $3.1m $3.5m $4.3m $6.6m $7.7m $9.6m $8.6m $9.4m $7.8m
Deferred Income Tax Expense (Benefit) ($3.9m) $4.5m $557k ($6.7m) ($9.8m) $839k ($6.4m) $9.1m ($6.2m) ($330k)
Share-based Payment Arrangement, Noncash Expense $13.7m $711k $1.2m $1.7m $1.1m $3.0m $3.5m $3.7m $2.6m $2.9m
Payment, Tax Withholding, Share-based Payment Arrangement — $4k $78k $148k — — — — — —
Share-based Payment Arrangement, Expense — — — — $1.1m $3.0m $3.5m $3.7m $2.6m $2.9m
Goodwill and Intangible Asset Impairment — — — $31.0m $56.4m — — — — —
Goodwill, Impairment Loss — — $0 $28.0m $44.4m $0 $1.1m $0 — —
Impairment of Intangible Assets (Excluding Goodwill) — — — — $12.0m — $18.5m — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0 $0 $0 $3.0m — $0 — — — —
Gain (Loss) on Disposition of Property Plant Equipment ($1k) ($10k) ($5.3m) ($10k) ($14.2m) ($27.9m) ($15.8m) ($30.3m) ($16.4m) ($9.2m)
Gain (Loss) on Extinguishment of Debt ($716k) — — — — ($733k) — $0 — —
Income Tax Expense (Benefit) $8.3m $11.7m $12.9m $5.4m ($7.6m) $15.7m $18.2m $27.1m $1.4m $2.8m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $286k $551k $211k $1.8m ($6.3m) $5.9m $13.7m ($10.3m) $428k ($4.8m)
Increase (Decrease) in Inventories $2.1m ($1.2m) $2.8m $449k ($4.8m) $28.6m $25.3m ($868k) ($10.5m) ($6.6m)
Increase (Decrease) in Accounts Payable ($1.7m) ($2.1m) $2.8m ($3.0m) ($6.9m) $13.4m $3.7m ($3.3m) ($8.0m) ($2.0m)
General and Administrative Expense $29.2m $20.5m $19.8m $27.7m $25.6m $37.0m $41.0m $37.0m $34.4m $32.1m
Goodwill $29.6m $29.6m $65.8m $74.0m $29.6m $29.6m $28.5m $28.5m $28.5m $28.5m
Inventory Write-down $359k $399k $281k $109k — — — — — —
Operating Expenses $39.1m $30.0m $34.4m $79.9m $101.9m $54.0m $84.5m $52.8m $59.5m $45.6m
Unrealized Gain (Loss) on Derivatives — — $435k ($474k) — — — — — —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — — — $2.3m $29.7m $22.5m $922k $3.7m
Net Cash Provided by (Used in) Operating Activities $30.7m $26.2m $49.4m $55.9m $30.2m $68.5m $73.3m $134.2m $12.5m $35.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.8m $4.1m $5.3m $14.1m $14.2m $27.9m $15.8m $30.3m $16.4m $9.2m
Payments to Acquire Businesses, Net of Cash Acquired — — $80.5m $81.7m — — — — — —
Payments for (Proceeds from) Other Investing Activities — — — — — — — — ($5k) $0
Net Cash Provided by (Used in) Investing Activities ($3.8m) ($4.1m) ($85.7m) ($95.8m) ($14.2m) ($27.8m) ($15.8m) ($121.4m) ($1.8m) $46.0m
Cash flows from financing activities:
Payments for Repurchase of Common Stock $4.5m — — — — $0 $25.5m $22.9m $16.3m $9.8m
Payments of Ordinary Dividends, Common Stock $79.9m — — — — — — — — —
Proceeds from (Payments for) Other Financing Activities — — — — ($792k) ($1.5m) ($358k) ($1.2m) ($2.4m) ($830k)
Net Cash Provided by (Used in) Financing Activities ($28.0m) ($18.1m) $40.2m $37.8m ($5.5m) ($17.8m) ($62.5m) ($27.1m) ($23.1m) ($60.1m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $5.8m $16.3m $39.3m $34.2m $19.8m $7.4m $28.9m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $2.0m $3.0m $5.5m $4.8m $2.9m $1.2m $2.4m $3.0m $746k
Income Taxes Paid, Net $9.6m $6.5m $13.5m $12.4m $6.1m $9.2m $18.8m $10.1m $11.6m $284k

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