← MATERION 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 Income (Loss) Attributable to Parent | $25.7m | $11.5m | $20.8m | $50.7m | $15.5m | $72.5m | $86.0m | $95.7m | $5.9m | $74.8m | |
| Depreciation, Depletion and Amortization | $45.7m | $42.8m | $35.5m | $41.1m | $42.4m | $44.1m | $53.4m | $61.6m | $68.7m | $69.1m | |
| Amortization of Debt Issuance Costs | $666k | $919k | $1.0m | $962k | $790k | $967k | $1.7m | $1.7m | $1.7m | $1.9m | |
| Amortization of Intangible Assets | $4.5m | $4.6m | $2.3m | $1.4m | $2.4m | $6.0m | $12.4m | $12.9m | $12.1m | $11.0m | |
| Capitalized Computer Software, Amortization | $2.4m | $2.4m | $2.6m | $2.4m | $1.8m | $1.8m | $1.8m | $1.8m | $1.6m | — | |
| Depreciation | $45.7m | $42.8m | $33.3m | $30.3m | $30.9m | $31.4m | $35.2m | $41.6m | $45.1m | $45.2m | |
| Deferred Income Tax Expense (Benefit) | ($9.0m) | $20.3m | ($1.3m) | $2.6m | ($9.8m) | ($13.0m) | $1.7m | ($7.0m) | ($16.6m) | ($5.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $3.2m | $5.0m | $5.3m | $7.2m | $5.5m | $6.5m | $8.8m | $10.1m | $10.6m | $10.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $4.5m | $3.2m | $4.8m | $2.2m | $3.3m | $3.6m | $5.2m | $7.6m | $2.6m | |
| Share-based Payment Arrangement, Expense | $6.7m | $7.7m | $11.4m | $11.1m | $5.7m | $7.3m | $9.0m | $10.5m | $10.6m | $11.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $11.6m | $9.1m | $0 | $0 | $0 | $56.1m | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $648k | $1.1m | ($518k) | ($344k) | ($466k) | $282k | ($14k) | ($20k) | ($1.2m) | ($282k) | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | ($6.4m) | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | — | — | ($6.4m) | $0 | |
| Income Tax Expense (Benefit) | ($425k) | $24.9m | ($4.5m) | $11.3m | ($7.2m) | $4.9m | $17.1m | $12.1m | $9.0m | $6.7m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $34.8m | $30.7m | |
| Other Nonoperating Income (Expense) | — | — | ($42.7m) | ($3.4m) | $3.9m | $5.1m | $5.2m | $2.7m | $2.4m | $2.4m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $4.1m | $18.5m | $7.2m | $23.9m | $707k | $30.5m | $4.4m | ($23.4m) | $3.7m | $25.8m | |
| Increase (Decrease) in Inventories | ($10.8m) | $9.5m | ($4.2m) | ($24.0m) | $1.3m | $43.5m | $64.0m | $18.7m | $468k | $13.3m | |
| Asset Retirement Obligation, Accretion Expense | $49k | $83k | $89k | — | $137k | $134k | $198k | $185k | $198k | $199k | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.5m) | $722k | ($1.5m) | ($666k) | $2.6m | ($1.6m) | $679k | ($218k) | $26k | ($301k) | |
| Gain (Loss) on Sale of Financing Receivable | — | — | — | — | — | — | — | — | — | ($600k) | |
| Gain (Loss) Related to Litigation Settlement | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $87.0m | $90.7m | $90.7m | $79.0m | $144.9m | $318.6m | $319.5m | $320.9m | $263.7m | $280.7m | |
| Payments of Financing Costs | $1.0m | $300k | $0 | $2.1m | $0 | $7.4m | $0 | $0 | $156k | $2.9m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | ($41.4m) | ($3.3m) | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | ($3.3m) | ($94k) | $0 | $551k | ($142k) | $0 | ($230k) | |
| Derivative, Gain (Loss) on Derivative, Net | — | ($300k) | ($700k) | $959k | $2.6m | ($3.1m) | ($552k) | ($4.2m) | ($4.2m) | ($3.1m) | |
| Other Operating Income (Expense), Net | ($13.9m) | ($12.8m) | ($15.3m) | ($11.8m) | ($8.5m) | ($16.7m) | ($24.2m) | ($23.3m) | ($17.7m) | ($26.7m) | |
| Net Cash Provided by (Used in) Operating Activities | $67.2m | $67.8m | $76.4m | $99.2m | $101.1m | $90.2m | $116.0m | $144.4m | $87.8m | $103.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $27.2m | $27.5m | $27.7m | $24.3m | $67.3m | $102.9m | $77.6m | $110.5m | $68.6m | $53.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $1.8m | $16.5m | $0 | $0 | $130.7m | $392.2m | $3.0m | $0 | $0 | $19.5m | |
| Payments for (Proceeds from) Other Investing Activities | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($37.4m) | ($43.4m) | ($33.8m) | ($26.5m) | ($194.7m) | ($494.3m) | ($79.7m) | ($119.2m) | ($79.6m) | ($98.1m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $10.0m | $55.0m | $0 | $0 | $34.0m | — | — | — | — | — | |
| Repayments of Long-term Debt | $10.7m | $55.8m | $777k | $823k | $20.6m | $2.1m | — | — | — | — | |
| Payments for Repurchase of Common Stock | $3.8m | $1.1m | $422k | $199k | $6.8m | $0 | $0 | $0 | $0 | $7.8m | |
| Payments of Ordinary Dividends, Common Stock | $7.5m | $7.9m | $8.4m | $8.9m | $9.3m | $9.7m | $10.2m | $10.6m | $11.1m | $11.5m | |
| Net Cash Provided by (Used in) Financing Activities | ($22.1m) | ($15.4m) | ($13.6m) | ($18.1m) | ($7.1m) | $393.0m | ($35.6m) | ($24.9m) | ($4.2m) | ($9.8m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | ($2.0m) | ($149k) | ($607k) | $1.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $24.2m | $31.5m | $41.8m | $70.6m | ($99.1m) | ($11.4m) | ($1.4m) | $193k | $3.4m | ($3.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $13.1m | $13.3m | $16.7m | $13.7m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | $3.0m | $8.1m | — | — | — | — | — | — | — | $7.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.