← Silicon Motion Technology 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 From Continuing Operations — — — — — — $172.5m $52.9m $89.2m $122.6m
Net Income (Loss) Attributable to Parent $110.9m $75.0m $98.1m $64.4m $79.7m $200.0m $172.5m $52.9m $89.2m $122.6m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $98.1m $64.4m $79.7m $200.0m $172.5m $52.9m $89.2m $122.6m
Depreciation, Depletion and Amortization $9.5m $10.6m $11.8m $12.4m $13.6m $17.2m $18.9m $21.8m $25.3m $30.2m
Amortization of Intangible Assets $2.1m $2.5m $3.0m $766k $0 $0 — — — —
Depreciation Amortization Depletion — — — — — — $18.9m $21.8m $25.3m $30.2m
Deferred Income Tax Expense (Benefit) ($3.4m) $581k ($1.7m) $1.1m ($667k) ($1.7m) ($2.5m) $428k ($422k) ($173k)
Deferred Income Tax — — — — — — ($2.5m) $428k ($422k) ($173k)
Deferred Tax — — — — — — ($2.5m) $428k ($422k) ($173k)
Share-based Payment Arrangement, Noncash Expense $17.4m $15.5m $20.8m $14.6m $14.6m $19.5m $26.7m $17.5m $17.0m $26.3m
Share-based Payment Arrangement, Expense — — — — — — — — $154.8m $203.3m
Goodwill and Intangible Asset Impairment — — $4.1m $16.0m $17.5m $0 — — — —
Goodwill, Impairment Loss $0 $10.3m — $15.7m $17.5m — $0 — — —
Impairment of Intangible Assets, Finite-lived — — $3.4m $255k — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0 $0 — — — — — — — —
Asset Impairment Charge — — — — — $0 $0 — — —
Equity Method Investment, Realized Gain (Loss) on Disposal — — ($473k) — — — — — $58k $21.1m
Gain (Loss) on Disposition of Assets — $1.9m — — — — — — — —
Gain (Loss) on Disposition of Other Assets — $1.9m — — — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment ($33k) ($4k) ($66k) ($22k) ($143k) ($208k) ($7k) $215k ($7k) ($108k)
Income Tax Expense (Benefit) $27.7m $24.0m $11.8m $7.7m $5.8m $47.3m $40.1m $8.2m $18.2m $17.5m
Interest Expense Nonoperating — — — — — — — — $0 —
Other Nonoperating Income (Expense) $42k ($19k) $58k $103k ($36k) ($77k) $1k $8k $0 $18k
Changes in operating assets and liabilities:
Non-cash transactions:
Additional Financial Items
Increase (Decrease) in Inventories $24.8m $22.3m ($12.7m) $10.2m $21.7m $78.1m $102.8m ($72.1m) ($4.9m) $215.2m
Foreign Currency Transaction Gain (Loss), before Tax ($692k) ($157k) ($615k) $148k $619k $193k ($4.9m) $914k $1.4m ($2.1m)
Gain (Loss) on Termination of Lease — — — — — — — ($230k) $0 $0
Gain (Loss) Related to Litigation Settlement — — — — — — ($390k) ($1.3m) ($1.2m) $0
General and Administrative Expense $17.1m $16.9m $17.6m $17.9m $15.6m $21.8m $31.4m $27.9m $31.4m $37.4m
Goodwill $68.7m $59.0m $58.3m $17.5m $0 — — — — —
Inventory Write-down $3.0m $698k $2.1m $9.1m $6.9m $5.7m $15.8m $7.9m $6.1m $1.4m
Nonoperating Income (Expense) $1.4m $3.7m $5.0m $19.9m $5.1m $1.4m ($1.3m) $21.2m $16.5m $47.1m
Operating Expenses $137.3m $155.8m $156.0m $170.0m $179.7m $214.9m $251.9m $230.5m $277.9m $334.5m
Proceeds from Stock Options Exercised $93k $380k $0 $0 — — — — — —
Unrealized Gain (Loss) on Investments — — — — — — $896k $8.0m $543k $18.4m
Beginning Cash Position — — — — — — $415.5m $287.1m $369.0m $334.3m
Cash Flow From Continuing Financing Activities — — — — — — ($183.1m) ($16.7m) ($67.3m) ($91.5m)
Cash Flow From Continuing Investing Activities — — — — — — ($32.9m) ($49.1m) ($44.1m) ($27.4m)
Change In Account Payable — — — — — — ($44.7m) $19.6m ($37.8m) $17.0m
Change In Accrued Expense — — — — — — $676k ($1.6m) $12.8m $107.9m
Change In Income Tax Payable — — — — — — ($2.1m) ($34.6m) $5.6m $9.3m
Change In Inventory — — — — — — ($102.8m) $72.1m $4.9m ($215.2m)
Change In Other Current Assets — — — — — — ($673k) ($7k) ($951k) ($20k)
Change In Other Current Liabilities — — — — — — $12.6m $4.1m $3.0m ($6.3m)
Change In Payable — — — — — — ($46.8m) ($15.0m) ($32.2m) $26.3m
Change In Payables And Accrued Expense — — — — — — ($46.2m) ($16.6m) ($19.5m) $134.2m
Change In Prepaid Assets — — — — — — $3.6m ($6.6m) ($1.8m) ($13.1m)
Change In Receivables — — — — — — $2.5m $11.4m ($39.0m) $22.2m
Change In Tax Payable — — — — — — ($2.1m) ($34.6m) $5.6m $9.3m
Change In Working Capital — — — — — — ($131.0m) $64.4m ($53.4m) ($78.2m)
Changes In Account Receivables — — — — — — $2.5m $11.4m ($39.0m) $22.2m
Changes In Cash — — — — — — ($132.1m) $83.3m ($34.2m) ($57.6m)
End Cash Position — — — — — — $287.1m $369.0m $334.3m $277.1m
Financing Cash Flow — — — — — — ($183.1m) ($16.7m) ($67.3m) ($91.5m)
Free Cash Flow — — — — — — $51.0m $98.8m $32.7m $6.3m
Gain Loss On Investment Securities — — — — — — — — ($58k) ($21.1m)
Gain Loss On Sale Of Business — — — — — $0 $0 $230k — —
Gain Loss On Sale Of PPE — — — — — — $7k ($215k) $7k $108k
Investing Cash Flow — — — — — — ($32.9m) ($49.1m) ($44.1m) ($27.4m)
Net PPE Purchase And Sale — — — — — — ($32.9m) ($49.1m) ($44.3m) ($55.0m)
Operating Gains Losses — — — — — — $163k ($215k) ($51k) ($21.0m)
Pension And Employee Benefit Expense — — — — — $0 $156k $0 $0 —
Purchase Of PPE $12.2m $11.7m $74.9m $11.0m $19.5m $24.7m ($32.9m) ($50.3m) ($44.4m) ($55.1m)
Repurchase Of Capital Stock — — — — — — ($133.2m) $0 $0 ($24.3m)
Sale Of PPE — — — — — — $0 $1.2m $3k $87k
Stock Based Compensation — — — — — — $26.7m $17.5m $17.0m $26.3m
Unrealized Gain Loss On Investment Securities — — — — — — ($896k) ($8.0m) ($543k) ($18.4m)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment — — — — — — ($156k) $0 $0 —
Net Cash Provided by (Used in) Operating Activities $125.6m $103.9m $108.2m $77.7m $117.2m $174.7m $83.9m $149.1m $77.1m $61.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $12.2m $11.7m $74.9m $11.0m $19.5m $24.7m $32.9m $50.3m $44.4m $55.1m
Property, plant and equipment acquisitions funded by liabilities $12.2m $11.7m $74.9m $11.0m $19.5m $24.7m $32.9m $50.3m $44.4m $55.1m
Payments to Acquire Businesses, Net of Cash Acquired — $2.9m — — — — — — — —
Net Investment Purchase And Sale — — — — — — $0 $0 $259k $27.6m
Purchase Of Investment — — — — — — $0 $0 ($4.2m) $0
Gain (Loss) on Sale of Investments $2k $103k $134k $48k $169k — — — — —
Sale Of Investment — — — — — — $0 $0 $4.4m $27.6m
Net Cash Provided by (Used in) Investing Activities — — ($79.6m) $34.7m ($21.5m) ($28.2m) ($32.9m) ($49.1m) ($44.1m) ($27.4m)
Cash flows from financing activities:
Issuance Of Debt — — — — — $0 $40.0m $0 $0 —
Long Term Debt Issuance — — — — — $0 $40.0m $0 $0 —
Net Issuance Payments Of Debt — — — — — $0 $0 $0 $0 —
Net Long Term Debt Issuance — — — — — $0 $0 $0 $0 —
Net Short Term Debt Issuance — — — — — $0 $0 $0 — —
Short Term Debt Issuance — — — — — $0 $40.0m $0 — —
Long Term Debt Payments — — — — — $0 ($40.0m) $0 $0 —
Repayment Of Debt — — — — — $0 ($40.0m) $0 $0 —
Short Term Debt Payments — — — — — $0 ($40.0m) $0 — —
Net Common Stock Issuance — — — — — — ($133.2m) $0 $0 ($24.3m)
Payments for Repurchase of Common Stock — — $33.5m $26.2m $25.0m $45.7m $133.2m $0 $0 $24.3m
Common Stock Payments — — — — — — ($133.2m) $0 $0 ($24.3m)
Dividends paid $23 $32 $43 $44 $49 $54 $50 $17 $67 $67
Dividends Payable, Current $21 $32 $33 $37 $37 $52 $1 $51 $51 $51
Dividends Payable — — — — $37 $52 $0 $50 $51 $50
Cash Dividends Paid — — — — — — ($49.9m) ($16.7m) ($67.3m) ($67.2m)
Common Stock Dividend Paid — — — — — — ($49.9m) ($16.7m) ($67.3m) ($67.2m)
Net Cash Provided by (Used in) Financing Activities — — ($101.8m) ($70.3m) ($73.9m) ($99.7m) ($183.1m) ($16.7m) ($67.3m) ($91.5m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $2.8m ($1.2m) ($977k) ($812k) ($487k) $3.7m ($1.4m) ($408k) $303k
Effect Of Exchange Rate Changes — — — — — — $3.7m ($1.4m) ($408k) $303k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $381.5m $307.1m $348.3m $369.2m $415.5m $287.1m $369.0m $334.3m $277.1m
Restricted Cash and Investments, Current $44.4m $19.5m $19.2m $24.1m $24.1m $48.5m $49.5m $49.7m $54.6m $71.3m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($132.1m) $83.3m ($34.2m) ($57.6m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — — $0 $71k $0 $0 —
Income Taxes Paid, Net — — — — — — $34.0m $36.3m $10.1m $16.7m

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