UNIVERSAL ELECTRONICS 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 $20.4m ($10.3m) $11.9m $38.6m $5.3m $407k ($98.2m) ($24.0m) ($18.6m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $20.4m ($10.3m) $11.9m $3.6m
Net Income (Loss) Attributable to Noncontrolling Interest $30k $0 $0
Depreciation, Depletion and Amortization $27.0m $31.3m $33.6m $31.9m $29.7m $26.7m $24.0m $22.9m $18.1m $14.2m
Amortization of Intangible Assets $6.3m $7.0m $7.2m $7.2m $6.5m $4.0m $4.0m $4.9m $5.2m $5.1m
Depreciation $20.7m $24.4m $26.4m $24.7m $23.2m $22.8m $19.9m $18.0m $12.9m $9.1m
Deferred Income Tax Expense (Benefit) ($1.5m) $5.8m $4.4m ($1.3m) ($945k) ($1.7m) $1.8m ($1.3m) $281k $502k
Share-based Payment Arrangement, Noncash Expense $10.3m $11.9m $8.8m $8.8m $9.1m $10.0m $10.0m $8.8m $6.7m $5.1m
Share-based Payment Arrangement, Expense $10.3m $11.9m $8.8m $8.8m $9.1m $10.0m $10.0m $8.8m $6.7m $5.1m
Goodwill, Impairment Loss $49.1m $0 $0
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss ($200k)
Gain (Loss) on Disposition of Business ($712k) ($6.0m) $0 $0
Gain (Loss) on Disposition of Property Plant Equipment ($40.7m) ($40.4m) ($20.1m) ($21.3m) ($16.9m) ($12.6m) ($14.0m) $0 $0 $312k
Income Tax Expense (Benefit) $4.8m $17.6m $14.2m $6.8m $5.3m $10.8m $11.0m $6.0m $5.4m $6.6m
Other Nonoperating Income (Expense) $840k ($848k) ($4.5m) ($995k) ($1.4m) ($557k) ($955k) ($2.6m) $60k ($4.6m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $14.8m $29.9m $19.9m $1.9m ($28.3m) $15.0m $9.9m ($51.5m) ($6.2m) ($4.6m)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $37.0m $0 $0
Foreign Currency Transaction Gain (Loss), before Tax $1.9m $2.2m ($5.0m) ($870k) ($1.7m) ($4.2m) $218k ($262k) $403k ($5.1m)
Gain (Loss) Related to Litigation Settlement ($4.2m) $0
Goodwill $43.1m $48.7m $48.5m $48.4m $48.6m $48.5m $49.1m $0
Inventory Write-down $3.8m $4.1m $8.7m
Proceeds from Stock Options Exercised $6.2m $1.4m $864k $448k $2.8m $1.0m $0 $0 $0
Gain (Loss) on Derivative Instruments, Net, Pretax ($1.3m) ($3.6m) $545k ($62k) ($310k) $2.9m ($1.3m) ($3.2m) ($727k) ($271k)
Net Cash Provided by (Used in) Operating Activities $49.5m $13.8m $12.9m $85.3m $73.4m $40.3m $10.9m $25.2m $14.8m $23.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $40.7m $40.4m $20.1m $21.3m $16.9m $12.6m $14.0m $8.1m $4.6m $3.9m
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $939k $0 $0
Net Cash Provided by (Used in) Investing Activities ($42.5m) ($51.2m) $23.6m ($24.0m) ($23.7m) ($17.0m) ($21.2m) ($13.9m) ($8.4m) ($6.8m)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $12.6m $39.1m $13.8m $1.9m $17.7m $59.7m $13.0m $1.8m $2.0m $3.1m
Net Cash Provided by (Used in) Financing Activities ($4.4m) $50.4m ($53.3m) ($39.2m) ($66.0m) ($22.0m) $20.5m ($34.8m) ($19.8m) ($16.7m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($803k) $2.8m ($963k) ($843k) $2.4m ($4.3m) ($523k) ($2.6m) $5.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($5.1m) ($803k) ($14.1m) $21.1m ($17.1m) $3.7m $5.9m ($24.0m) ($16.0m) $5.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $53.2m $74.3m $57.2m $60.8m $66.7m $42.8m $26.8m $32.3m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.2m $2.8m $5.0m $4.4m $1.6m $620k $2.2m $7.0m $4.7m $2.0m
Income Taxes Paid, Net $9.9m $8.3m $7.7m $7.3m $12.7m $10.1m $10.9m $13.2m $3.5m $2.6m