← RICHARDSON ELECTRONICS, LTD.

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 From Continuing Operations — — — — — — $17.9m $22.3m $61k ($1.1m)
Net Income (Loss) Attributable to Parent ($6.8m) ($6.9m) $3.8m ($7.3m) ($1.8m) $1.7m $17.9m $22.3m $61k ($1.1m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — $1.7m $17.9m $22.3m $61k ($1.1m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($6.8m) ($6.9m) $2.3m ($7.3m) ($1.8m) — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — $1.5m — — — — — — —
Depreciation, Depletion and Amortization $2.4m $2.7m $3.0m $3.2m $3.4m $3.4m $3.4m $3.7m $4.3m $4.0m
Amortization of Intangible Assets $400k $400k $400k $300k $300k $200k $200k $300k — —
Depreciation $2.0m $2.4m $1.7m $2.9m $3.1m $3.2m $3.2m $3.4m $4.0m $3.8m
Depreciation Amortization Depletion — — — — — — $3.4m $3.7m $4.3m $4.0m
Deferred Income Tax Expense (Benefit) $88k ($109k) $326k $329k $8k ($120k) $57k ($16k) $1.0m ($3.3m)
Deferred Income Tax — — — — — — ($4.0m) ($138k) ($1.0m) ($3.3m)
Deferred Tax — — — — — — ($4.0m) ($138k) ($1.0m) ($3.3m)
Share-based Payment Arrangement, Noncash Expense $548k $437k $533k $697k $683k $675k $654k $936k $1.3m $1.5m
Goodwill, Impairment Loss — — — $6.3m — — — — — —
Impairment of Intangible Assets, Finite-lived — — — — $0 $0 $0 $0 $0 —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $244k — $276k ($23k) ($3k) ($13k) ($20k) $7k ($70k) ($16k)
Gain (Loss) on Disposition of Assets — — — — — — — — — $3.6m
Income Tax Expense (Benefit) $546k $812k $1.5m $1.0m $624k $653k ($2.2m) $2.7m $96k ($388k)
Operating Lease, Expense — — — — $2.0m $1.9m $1.8m $1.7m — —
Other Nonoperating Income (Expense) ($17k) $24k $23k $9k $51k $104k ($5k) $30k ($39k) $44k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $3.5m ($4.2m) $1.8m $2.0m ($3.9m) $4.2m $6.2m $363k ($5.3m) ($130k)
Increase (Decrease) in Inventories $5.2m ($2.4m) $8.2m $4.2m $5.5m $4.9m $20.6m $30.5m ($66k) ($206k)
Increase (Decrease) in Accounts Payable ($899k) $1.0m $3.5m ($2.4m) $631k ($565k) $7.7m ($439k) ($8.1m) $5.5m
Foreign Currency Transaction Gain (Loss), before Tax ($212k) ($612k) ($224k) ($84k) $15k ($759k) ($273k) ($278k) ($436k) $496k
Goodwill $6.3m $6.3m $6.3m — — — — — — —
Inventory Write-down $700k — — — — — — — — —
Nonoperating Income (Expense) $333k ($354k) $231k $465k $443k ($579k) ($198k) $47k ($191k) $932k
Proceeds from Stock Options Exercised $100k $100k — $300k $100k $300k $3.0m $3.8m $600k —
Beginning Cash Position — — — — — — $43.3m $35.5m $25.0m $24.3m
Cash Flow From Continuing Financing Activities — — — — — — ($352k) $389k ($2.9m) ($3.2m)
Cash Flow From Continuing Investing Activities — — — — — — ($8.1m) ($2.2m) ($4.0m) $4.0m
Change In Account Payable — — — — — — $7.7m ($439k) ($8.1m) $5.5m
Change In Accrued Expense — — — — — — $2.4m ($4.0m) $3.4m ($1.2m)
Change In Inventory — — — — — — ($20.6m) ($30.5m) $66k $206k
Change In Other Working Capital — — — — — — $358k $725k $577k $326k
Change In Payable — — — — — — $7.7m ($439k) ($8.1m) $5.5m
Change In Payables And Accrued Expense — — — — — — $10.1m ($4.4m) ($4.7m) $4.3m
Change In Prepaid Assets — — — — — — ($228k) ($519k) $250k ($180k)
Change In Receivables — — — — — — ($6.2m) ($363k) $5.3m $130k
Change In Working Capital — — — — — — ($16.5m) ($35.1m) $1.5m $4.8m
Changes In Account Receivables — — — — — — ($6.2m) ($363k) $5.3m $130k
Changes In Cash — — — — — — ($6.6m) ($10.0m) ($422k) $11.3m
End Cash Position — — — — — — $35.5m $25.0m $24.3m $35.9m
Financing Cash Flow — — — — — — ($352k) $389k ($2.9m) ($3.2m)
Free Cash Flow — — — — — — ($1.2m) ($15.6m) $2.5m $7.7m
Gain Loss On Sale Of PPE — — — — — — — ($7k) $70k $16k
Investing Cash Flow — — — — — — ($8.1m) ($2.2m) ($4.0m) $4.0m
Issuance Of Capital Stock — — — — — — $3.0m $3.8m $591k $320k
Net Foreign Currency Exchange Gain Loss — — — — — — — ($406k) ($304k) ($1.0m)
Net PPE Purchase And Sale — — — — — — $0 $194k $0 $7k
Operating Gains Losses — — — — — — $20k ($413k) ($234k) $4.1m
Provisionand Write Offof Assets — — — — — — $462k $466k $606k $550k
Sale Of PPE — — — — — — $0 $194k $0 $7k
Stock Based Compensation — — — — — — $654k $936k $1.3m $1.5m
Net Cash Provided by (Used in) Operating Activities ($13.6m) $1.8m $3.0m ($2.6m) $1.9m $832k $1.9m ($8.2m) $6.5m $10.6m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($3.1m) ($7.4m) ($4.0m) ($2.8m)
Capital Expenditure Reported $4.8m $5.2m $5.2m $3.9m $1.8m $2.6m ($3.1m) ($7.4m) ($4.0m) ($2.8m)
Payments to Acquire Businesses, Net of Cash Acquired $12.2m — — — — — — — — —
Net Investment Purchase And Sale — — — — — — ($5.0m) $5.0m $0 $0
Purchase Of Investment — — — — — — ($5.0m) $0 $0 —
Gain (Loss) on Sale of Investments ($1k) $6k $183k — — — — — — —
Sale Of Investment — — — — — — $0 $5.0m $0 $0
Payments for (Proceeds from) Other Investing Activities $20k $12k $3k — — — — — — —
Net Other Investing Changes — — — — — — — $194k — $6.8m
Net Cash Provided by (Used in) Investing Activities $8.2m ($3.8m) $4.2m ($11.9m) ($9.8m) $13.4m ($8.1m) ($2.2m) ($4.0m) $4.0m
Cash flows from financing activities:
Issuance Of Debt — — — — — — $0 $0 $3.7m $1.0m
Long Term Debt Issuance — — — — — — $0 $0 $3.7m $1.0m
Net Issuance Payments Of Debt — — — — — — $0 $0 $0 $0
Net Long Term Debt Issuance — — — — — — $0 $0 $0 $0
Long Term Debt Payments — — — — — — $0 $0 ($3.7m) ($1.0m)
Repayment Of Debt — — — — — — $0 $0 ($3.7m) ($1.0m)
Proceeds from Issuance of Common Stock $142k $30k $97k $259k $59k $289k $3.0m $3.8m $591k $320k
Common Stock Issuance — — — — — — $3.0m $3.8m $591k $320k
Net Common Stock Issuance — — — — — — $3.0m $3.8m $591k $320k
Payments for Repurchase of Common Stock $5.0m — — — — — — — — —
Payments of Ordinary Dividends, Common Stock $3.1m $3.0m $3.0m $3.1m $3.1m $3.1m $3.2m $3.3m $3.4m $3.4m
Cash Dividends Paid — — — — — — ($3.2m) ($3.3m) ($3.4m) ($3.4m)
Common Stock Dividend Paid — — — — — — ($3.2m) ($3.3m) ($3.4m) ($3.4m)
Proceeds from (Payments for) Other Financing Activities ($4k) — — — — — — ($69k) ($120k) ($159k)
Net Other Financing Charges — — — — — — ($151k) ($69k) ($120k) ($159k)
Net Cash Provided by (Used in) Financing Activities ($8.0m) ($3.0m) ($3.0m) ($2.8m) ($3.2m) ($3.0m) ($352k) $389k ($2.9m) ($3.2m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — ($148k) $985k ($1.2m) ($423k) $1.6m ($1.3m) ($520k) ($296k) $309k
Effect Of Exchange Rate Changes — — — — — — ($1.3m) ($520k) ($296k) $309k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — ($148k) $985k ($1.2m) ($11.5m) $12.8m ($7.8m) ($10.5m) ($718k) $11.6m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — $30.5m $43.3m $35.5m $25.0m $24.3m $35.9m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($7.8m) ($10.5m) ($718k) $11.6m
Income Taxes Paid, Net $700k $400k $500k $300k $1.0m $100k $1.5m $4.8m $0 $1.8m

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