← PARK OHIO HOLDINGS 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 | $31.7m | $28.6m | $53.6m | $38.6m | ($4.5m) | ($24.8m) | ($14.2m) | $7.8m | $31.8m | $23.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $32.2m | $29.5m | $55.2m | $39.7m | ($4.8m) | ($26.0m) | ($12.9m) | $6.8m | $29.1m | $20.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($500k) | ($100k) | $10.1m | $34.0m | $42.2m | $24.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($500k) | ($100k) | $11.4m | $33.0m | $39.5m | $21.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | ($24.3m) | ($26.2m) | ($10.4m) | ($1.0m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $500k | $900k | $1.6m | $1.1m | ($300k) | ($1.2m) | $1.3m | ($1.0m) | ($2.7m) | ($3.8m) | |
| Depreciation, Depletion and Amortization | $29.5m | $31.5m | $36.3m | $34.2m | $35.8m | $38.7m | $30.2m | $31.7m | $33.6m | $33.0m | |
| Amortization of Intangible Assets | $6.1m | $6.6m | $6.9m | $6.5m | $6.2m | $6.9m | $6.6m | $6.7m | $6.8m | $6.9m | |
| Depreciation | $23.4m | $24.9m | $29.4m | $27.7m | $29.6m | $31.8m | $23.6m | $25.0m | $26.8m | $26.1m | |
| Deferred Income Tax Expense (Benefit) | $2.8m | ($4.4m) | $600k | $1.4m | $6.2m | ($9.3m) | ($8.3m) | ($7.2m) | ($14.6m) | ($13.9m) | |
| Share-based Payment Arrangement, Noncash Expense | $10.6m | $8.6m | $8.3m | $4.1m | $6.1m | $6.5m | $7.2m | $6.5m | $5.6m | $5.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $2.4m | $3.1m | $2.9m | $1.2m | $3.0m | $1.6m | $2.0m | $2.6m | $1.8m | |
| Share-based Payment Arrangement, Expense | — | — | — | $0 | $0 | $0 | $0 | $0 | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $4.6m | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $0 | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | $1.9m | $0 | $0 | $14.7m | $2.4m | $800k | $2.5m | $0 | |
| Gain (Loss) on Extinguishment of Debt | $0 | ($11.0m) | $0 | $0 | — | — | — | $0 | $0 | ($2.0m) | |
| Income Tax Expense (Benefit) | $8.8m | $18.2m | $16.6m | $15.2m | ($2.5m) | ($6.5m) | ($700k) | $8.5m | $4.9m | $2.8m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $47.4m | $47.5m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($13.7m) | $25.1m | $11.9m | ($6.5m) | ($16.7m) | $8.4m | $23.2m | $14.1m | ($12.1m) | $4.9m | |
| Increase (Decrease) in Inventories | ($8.6m) | $19.0m | $29.4m | $7.2m | ($18.5m) | $71.2m | $56.0m | $1.3m | $14.8m | ($2.8m) | |
| Gain (Loss) Related to Litigation Settlement | — | $3.3m | $0 | $0 | — | — | — | — | — | — | |
| Goodwill | $86.6m | $100.2m | $103.4m | $108.4m | $110.9m | $106.0m | $108.9m | $110.2m | $111.7m | $115.8m | |
| Proceeds from Stock Options Exercised | $500k | $700k | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $72.9m | $46.7m | $54.8m | $63.7m | $69.3m | ($43.3m) | ($26.6m) | $53.4m | $35.0m | $42.3m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $28.5m | $27.9m | $45.1m | $40.1m | $26.3m | $31.1m | $26.9m | $28.2m | $31.4m | $40.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $23.4m | $39.7m | $46.9m | $8.1m | $0 | $5.4m | $23.3m | $1.2m | $11.0m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($51.9m) | ($67.6m) | ($89.2m) | ($48.2m) | ($24.9m) | ($16.2m) | ($40.7m) | ($11.9m) | ($30.9m) | ($40.3m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $34.9m | $350.0m | $0 | $1.4m | $5.5m | $2.3m | $3.5m | $4.3m | $5.8m | $800k | |
| Repayments of Long-term Debt | $4.5m | $31.3m | $15.5m | $10.3m | $13.0m | $6.3m | $3.6m | $7.2m | $7.5m | $2.1m | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | $0 | $0 | $30.4m | $0 | |
| Payments for Repurchase of Common Stock | $1.9m | $4.2m | $9.0m | $900k | $7.5m | $2.5m | $0 | $0 | — | — | |
| Dividends paid | $6.2m | $6.9m | $6.4m | $7.0m | $3.2m | $7.0m | $7.0m | $7.4m | $7.2m | $7.8m | |
| Proceeds from (Payments for) Other Financing Activities | $500k | $700k | $0 | $0 | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($17.2m) | $33.7m | $9.4m | ($15.3m) | ($47.3m) | $59.9m | $84.6m | ($36.6m) | $1.6m | ($11.1m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.5m) | $5.7m | ($2.1m) | $100k | $1.9m | ($1.3m) | ($4.0m) | $900k | ($2.2m) | $1.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.5m) | $5.7m | ($2.1m) | $300k | ($1.0m) | ($900k) | $4.1m | ($3.4m) | ($1.7m) | ($8.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $56.0m | $55.0m | $54.1m | $58.2m | $54.8m | $53.1m | $44.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $25.9m | $29.9m | $33.0m | $31.5m | $28.3m | $28.8m | $34.5m | $47.6m | $47.0m | $40.3m | |
| Income Taxes Paid, Net | $8.7m | $11.3m | $21.0m | $12.3m | $5.5m | ($1.0m) | $10.7m | $7.3m | $14.5m | $24.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.