← MOTORCAR PARTS OF AMERICA INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — ($4.2m) ($49.2m) ($19.5m) $12.4m
Net Income (Loss) Attributable to Parent $37.6m $16.3m ($7.8m) ($7.3m) $21.5m $7.4m ($4.2m) ($49.2m) ($19.5m) $12.4m
Depreciation $3.1m $3.8m $6.1m $7.8m $9.6m $11.3m $11.0m $10.5m $9.9m $9.5m
Amortization of Debt Issuance Costs $716k $1.1m $951k $819k $859k $623k $663k $2.2m $2.2m $2.5m
Amortization of Intangible Assets $613k $710k $1.2m $1.8m $1.6m $1.5m $1.5m $1.1m $477k $335k
Amortization Cash Flow — — — — — — $1.5m $1.1m $477k $335k
Amortization Of Intangibles — — — — — — $1.5m $1.1m $477k $335k
Depreciation Amortization Depletion — — — — — — $12.4m $11.6m $10.4m $9.8m
Deferred Income Tax Expense (Benefit) $6.5m $3.1m ($3.1m) ($10.3m) ($433k) ($7.4m) ($5.2m) $29.6m ($1.8m) $548k
Deferred Income Tax — — — — — — ($5.2m) $29.6m ($1.8m) $548k
Deferred Tax — — — — — — ($5.2m) $29.6m ($1.8m) $548k
Share-based Payment Arrangement, Noncash Expense $3.4m $3.8m $5.6m $4.1m $5.2m $7.3m $4.7m $4.7m $3.9m $5.6m
Payment, Tax Withholding, Share-based Payment Arrangement $1.1m $596k $322k $1.1m $350k $1.7m $969k $279k $890k $2.1m
Goodwill, Impairment Loss $0 $0 $0 — — $0 $0 $0 $0 $0
Impairment of Intangible Assets, Finite-lived — — — — — $0 $0 $0 $0 $0
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss — — — $96k $521k $163k ($181k) $347k $105k $252k
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss — — — $193k $10k $0 ($15k) $74k $8k $27k
Gain (Loss) on Extinguishment of Debt — — — — — — — ($168k) $0 $0
Gain (Loss) on Disposition of Property Plant Equipment ($13k) ($161k) ($41k) ($15k) ($29k) ($36k) ($17k) ($9k) ($5k) ($43k)
Income Tax Expense (Benefit) $17.3m $17.9m $268k ($1.0m) $9.4m $5.8m $1.1m $36.2m $3.8m $7.9m
Other Nonoperating Income (Expense) — — — — — — — ($59.2m) ($55.6m) ($45.6m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $18.1m ($10.9m) ($10.2m) $38.1m ($28.4m) $24.1m $37.2m ($22.7m) ($2.4m) $21.6m
Increase (Decrease) in Inventories — — $76.2m $6.1m $73.6m $95.5m ($10.4m) $53.6m ($19.6m) $48.6m
Increase (Decrease) in Other Operating Assets $3.3m $384k $299k $1.1m ($523k) ($122k) ($435k) $601k $1.5m ($327k)
Proceeds from Stock Options Exercised $1.7m $481k $257k $457k $719k $499k $940k $0 $0 $101k
Foreign Currency Transaction Gain (Loss), Unrealized — — — ($818k) $17.6m $1.7m $9.3m $3.8m ($15.9m) $8.9m
General and Administrative Expense $31.1m $35.5m $46.0m $71.4m $53.8m $57.5m $54.8m $57.8m $64.0m $63.3m
Goodwill $2.6m $2.6m $3.2m $3.2m $3.2m $3.2m $3.2m $3.2m $3.2m $3.2m
Inventory Write-down $3.9m $8.5m $11.2m $13.4m $12.8m $13.5m $18.9m $16.2m $15.0m $9.9m
Marketable Securities, Unrealized Gain (Loss) — — — — — — — $273k $97k $225k
Operating Expenses $47.1m $56.2m $73.5m $101.7m $62.8m $89.2m $77.5m $86.4m $113.9m $94.1m
Payments of Financing Costs $433k $462k $1.8m $973k $0 $1.2m $1.7m $4.0m $15k $0
Unrealized Gain (Loss) on Investments — — $89k — — — — — — —
Beginning Cash Position — — — — — — $23.0m $11.6m $14.0m $9.4m
Cash Flow From Continuing Financing Activities — — — — — — $14.3m ($36.4m) ($44.7m) ($11.0m)
Cash Flow From Continuing Investing Activities — — — — — — ($4.2m) ($479k) ($4.5m) ($3.6m)
Change In Account Payable — — — — — — ($23.8m) $47.3m ($13.3m) $27.4m
Change In Accrued Expense — — — — — — ($201k) $222k ($3.7m) ($4.6m)
Change In Inventory — — — — — — $8.9m ($57.3m) $21.3m ($46.5m)
Change In Other Current Assets — — — — — — $435k ($601k) ($1.5m) $327k
Change In Other Current Liabilities — — — — — — ($8.0m) ($10.0m) ($12.8m) ($9.0m)
Change In Other Working Capital — — — — — — $17.7m $14.7m $29.4m $29.7m
Change In Payable — — — — — — ($23.8m) $47.3m ($13.3m) $27.4m
Change In Payables And Accrued Expense — — — — — — ($24.0m) $47.5m ($17.0m) $22.8m
Change In Prepaid Assets — — — — — — ($2.9m) $3.1m ($2.3m) ($1.4m)
Change In Receivables — — — — — — ($56.8m) $5.0m ($26.1m) ($33.9m)
Change In Working Capital — — — — — — ($64.6m) $2.4m ($9.0m) ($37.9m)
Changes In Account Receivables — — — — — — ($37.2m) $22.7m $2.4m ($21.6m)
Changes In Cash — — — — — — ($11.6m) $2.3m ($3.6m) $4.6m
End Cash Position — — — — — — $11.6m $14.0m $9.4m $14.7m
Financing Cash Flow — — — — — — $14.3m ($36.4m) ($44.7m) ($11.0m)
Free Cash Flow — — — — — — ($26.0m) $38.2m $40.9m $15.5m
Gain Loss On Investment Securities — — — — — — $181k ($1.4m) ($45k) ($1.4m)
Gain Loss On Sale Of PPE — — — — — — $17k $9k $5k $43k
Investing Cash Flow — — — — — — ($4.2m) ($479k) ($4.5m) ($3.6m)
Net Foreign Currency Exchange Gain Loss — — — — — — ($7.9m) ($3.7m) $18.2m ($9.9m)
Net PPE Purchase And Sale — — — — — — ($4.2m) ($1.0m) ($4.5m) ($3.7m)
Operating Gains Losses — — — — — — ($7.7m) ($4.9m) $18.1m ($11.2m)
Other Non Cash Items — — — — — — $21.8m $27.5m $26.8m $29.3m
Proceeds From Stock Option Exercised — — — — — — $940k $0 $0 $101k
Provisionand Write Offof Assets — — — — — — $21.1m $17.6m $16.6m $10.6m
Purchase Of PPE $4.9m $9.9m $11.1m $14.2m $13.9m $7.5m ($4.2m) ($1.0m) ($4.6m) ($3.7m)
Repurchase Of Capital Stock — — — — — — $0 $0 ($4.8m) ($11.4m)
Sale Of PPE — — — — — — $0 $0 $49k $0
Stock Based Compensation — — — — — — $4.7m $4.7m $3.9m $5.6m
Net Cash Provided by (Used in) Operating Activities ($5.3m) ($13.9m) ($40.3m) $18.8m $56.1m ($44.9m) ($21.8m) $39.2m $45.5m $19.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $4.9m $9.9m $11.1m $14.2m $13.9m $7.5m $4.2m $1.0m $4.6m $3.7m
Payments to Acquire Businesses, Net of Cash Acquired — — $11.1m $0 $0 — — — — —
Net Investment Purchase And Sale — — — — — — $10k $521k $60k $106k
Gain (Loss) on Sale of Investments $0 — — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($5.7m) ($15.3m) ($22.6m) ($11.6m) ($14.2m) ($7.9m) ($4.2m) ($479k) ($4.5m) ($3.6m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 $0 $13.6m $0 $0 — — — — —
Issuance Of Debt — — — — — — $97.0m $82.0m $541.4m $730.8m
Long Term Debt Issuance — — — — — $0 $32.0m $0 $0 —
Net Issuance Payments Of Debt — — — — — — $16.1m ($32.2m) ($38.9m) $2.4m
Net Long Term Debt Issuance — — — — — — $25.9m ($15.0m) ($1.7m) ($1.5m)
Net Short Term Debt Issuance — — — — — — ($9.8m) ($17.2m) ($37.2m) $3.9m
Short Term Debt Issuance — — — — — — $65.0m $82.0m $541.4m $730.8m
Repayments of Long-term Debt $3.1m $3.1m $2.7m $3.8m $71.8m — — — — —
Long Term Debt Payments — — — — — — ($6.1m) ($15.0m) ($1.7m) ($1.5m)
Repayment Of Debt — — — — — — ($80.9m) ($114.2m) ($580.3m) ($728.4m)
Short Term Debt Payments — — — — — — ($74.8m) ($99.2m) ($578.6m) ($726.9m)
Proceeds from Issuance of Common Stock $0 — — — — — — — — —
Net Common Stock Issuance — — — — — — $0 $0 ($4.8m) ($11.4m)
Payments for Repurchase of Common Stock $2.0m $9.3m $4.1m $0 $1.1m $1.9m $0 $0 $4.8m $11.4m
Common Stock Payments — — — — — — $0 $0 ($4.8m) ($11.4m)
Net Other Financing Charges — — — — — — ($2.7m) ($4.3m) ($905k) ($2.1m)
Net Cash Provided by (Used in) Financing Activities ($1.8m) $33.1m $59.9m $32.2m ($76.6m) $60.2m $14.3m ($36.4m) ($44.7m) ($11.0m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($136k) $351k $599k $78k $217k $124k ($898k) $633k
Effect Of Exchange Rate Changes — — — — — — $217k $124k ($898k) $633k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($3.1m) $39.7m ($34.1m) $7.5m ($11.4m) $2.4m ($4.5m) $5.2m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $9.9m $49.6m $15.5m $23.0m $11.6m $14.0m $9.4m $14.7m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($11.4m) $2.4m ($4.5m) $5.2m
Interest Paid, Excluding Capitalized Interest, Operating Activities $11.7m $13.6m $21.1m $23.6m $14.1m $14.0m $37.8m $53.8m $48.7m $39.8m
Income Taxes Paid, Net $12.4m $19.7m $3.6m $1.5m $3.0m $6.7m $14.2m $9.6m $5.9m $8.1m

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