← SUPERIOR GROUP OF COMPANIES, 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 $14.6m $15.0m $17.0m $12.1m $41.0m $29.4m ($32.0m) $8.8m $12.0m $7.0m
Depreciation and amortization $4.9m $5.7m $7.9m $8.3m $8.1m $9.3m $13.0m $14.0m $13.2m $12.4m
Amortization of Intangible Assets $2.3m $2.4m $3.8m $3.8m $3.8m $4.2m $5.1m $4.6m $3.8m $3.9m
Deferred Income Tax Expense (Benefit) ($1.9m) $4.3m ($625k) ($1.4m) ($5.0m) ($2.7m) ($12.4m) ($1.6m) ($1.6m) ($846k)
Share-based Payment Arrangement, Noncash Expense $1.6m $1.7m $2.3m $1.5m $2.5m $4.0m $4.3m $3.8m $4.3m $5.3m
Payment, Tax Withholding, Share-based Payment Arrangement — $1.2m $17k — $66k $584k $314k $0 $317k $162k
Share-based Payment Arrangement, Expense $1.6m $1.7m $2.3m $1.5m $2.5m $4.0m $4.3m $3.8m $4.3m $5.3m
Goodwill, Impairment Loss — — — — — — $45.9m $0 — —
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — $5.6m $0 $260k $0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — — $5.6m $0 $300k —
Gain (Loss) on Disposition of Property Plant Equipment ($7.4m) $1.0m ($4.9m) $5k $2.2m $0 $3.4m $0 ($4.4m) ($3.9m)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($7.4m) $1.0m ($4.9m) ($9.7m) $2.2m $0 $3.4m $0 ($4.4m) ($3.9m)
Income Tax Expense (Benefit) $5.3m $9.8m $4.4m $3.2m $10.4m $3.7m ($6.1m) $997k $2.3m $1.2m
Operating Lease, Expense — — — — — — — — $5.1m $5.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $7.2m $4.7m $4.9m $17.1m $29.3m $2.6m ($680k) ($1.1m) ($8.0m) $10.8m
Increase (Decrease) in Inventories $5.4m ($4.2m) ($3.5m) $5.0m $16.8m $21.8m $15.9m ($24.7m) $1.0m $2.8m
Increase (Decrease) in Accounts Payable $87k $3.3m — — — — — — — —
Accounts Receivable, Credit Loss Expense (Reversal) $512k $1.0m $867k $1.3m $6.7m $2.3m $2.9m $539k $232k $2.3m
Proceeds from Stock Options Exercised $1.5m $1.9m $727k $283k $1.9m $2.7m $728k $175k $1.1m $240k
Foreign Currency Transaction Gain (Loss), Realized $264k — — — — — — — — —
Goodwill $11.3m $16.0m $34.0m $36.3m $36.1m $39.4m $0 — $2.3m $2.6m
Inventory Write-down — — — — — — $13.6m $2.3m $2.4m $2.3m
Unrealized Gain (Loss) on Derivatives — — — — — — $1.6m ($489k) ($653k) $0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($445k) ($435k) — — — — — — — —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment — — — ($1.1m) — — — — — —
Net Cash Provided by (Used in) Operating Activities $12.0m $22.7m $19.9m $20.0m $41.4m $17.1m ($2.6m) $78.9m $33.4m $19.7m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $7.4m $4.2m $4.9m $9.7m $11.9m $17.7m $11.0m $5.0m $4.4m $3.9m
Payments to Acquire Businesses, Net of Cash Acquired $15.2m $8.0m $85.6m — $0 $16.4m $11.2m $0 $4.0m $0
Net Cash Provided by (Used in) Investing Activities ($22.5m) ($9.4m) ($90.5m) ($9.7m) ($6.6m) ($34.1m) ($17.4m) ($5.5m) ($8.4m) ($3.9m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $125.1m $74.4m $206.0m $165.3m $202.3m $250.6m $332.1m $6.0m — —
Repayments of Long-term Debt $106.8m $77.6m $127.4m $163.6m $234.1m $223.0m $292.8m $67.8m $4.7m $5.6m
Payments for Repurchase of Common Stock $714k — $2.9m $1.7m $500k $0 $0 — $7.4m $10.1m
Dividends paid — — $5.8m $6.0m $6.1m $7.2m $8.7m $9.2m $9.3m $8.9m
Payments of Dividends — — $5.8m $6.0m $6.1m $7.2m $8.7m $9.2m $9.3m $8.9m
Net Cash Provided by (Used in) Financing Activities — ($8.9m) $68.1m ($6.7m) ($38.4m) $21.0m $28.8m ($71.6m) ($24.5m) ($11.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $2.6m $4.5m ($2.8m) $3.7m ($3.9m) $3.8m $8.8m $2.2m ($1.1m) $4.9m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $727k $2.7m $4.0m $1.5m $1.3m $4.8m $9.6m $5.9m $5.7m
Income Taxes Paid, Net — $7.2m $1.1m $7.1m $13.4m $14.6m ($1.3m) ($978k) $2.3m $1.6m

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