← VIRCO MFG CORPORATION

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $22.8m ($3.2m) ($1.6m) $2.4m ($2.2m) ($15.1m) $16.5m $21.9m $21.6m $2.6m
Depreciation, Depletion and Amortization $5.0m $5.5m $5.8m $5.8m $5.1m $4.6m $4.5m $5.1m $5.7m $6.1m
Amortization of Debt Issuance Costs and Discounts — — — — $0 $116k $122k $115k $72k $139k
Deferred Income Tax Expense (Benefit) ($18.1m) $5.8m $419k $209k ($742k) $11.3m ($8.7m) $800k $230k $563k
Share-based Payment Arrangement, Noncash Expense $609k $830k $908k $924k $1.0m $1.0m $612k $595k $395k $208k
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — — $110k $412k $0
Share-based Payment Arrangement, Expense — — — — — — $612k $595k $395k $208k
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $2k $16k $1k ($34k) $7k $0 $634k $493k $1.8m $197k
Gain (Loss) on Disposition of Property Plant Equipment $2k $16k $1k ($34k) $7k $0 $2k ($4k) $1.8m $197k
Income Tax Expense (Benefit) ($18.0m) $5.6m $497k $345k ($744k) $11.4m ($8.5m) $7.3m $6.8m $895k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($14k) $1.5m $1.9m ($1.4m) ($2.0m) $8.1m $720k $4.7m ($10.2m) $639k
Increase (Decrease) in Inventories $1.7m $6.9m $5.2m ($4.0m) ($5.1m) $9.1m $20.0m ($9.0m) ($2.7m) $1.1m
Asset Retirement Obligation, Accretion Expense $9k $5k $9k $7k $6k $6k $7k $7k $33k $60k
Gain (Loss) on Investments — — — — — — $194k $1.1m $1.4m $239k
Payments of Financing Costs — — $249k $125k $0 $169k $200k $175k $50k $20k
Unrealized Gain (Loss) on Investments — — — — — — — $1.1m $1.4m $239k
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment $0 $0 ($538k) $0 $0 ($298k) ($70k) ($375k) $0 ($26k)
Net Cash Provided by (Used in) Operating Activities $5.9m $1.7m $2.4m $9.8m $7.8m ($401k) ($3.8m) $27.0m $33.1m ($841k)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $4.4m $6.2m $5.4m $4.2m $2.2m $3.0m $3.3m $5.2m $6.3m $5.9m
Net Cash Provided by (Used in) Investing Activities ($4.5m) ($13.3m) ($5.4m) ($4.3m) ($2.1m) ($2.4m) ($3.3m) ($4.8m) ($5.6m) ($5.7m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $37.4m $36.7m $54.7m $39.8m $32.2m $29.8m $49.6m $42.0m $23.2m $0
Repayments of Long-term Debt $38.6m $25.1m $50.0m $44.5m $38.5m $25.7m $42.3m $59.4m $23.4m $258k
Payments for Repurchase of Common Stock $264k $339k $265k $246k $156k $176k $213k $110k $3.8m $4.0m
Dividends paid — — $930k $0 — — — $327k $1.5m $1.6m
Net Cash Provided by (Used in) Financing Activities ($1.4m) $11.3m $3.3m ($5.1m) ($6.4m) $3.7m $6.8m ($18.0m) ($6.0m) ($5.9m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($27k) ($254k) $204k $412k ($748k) $957k ($302k) $4.2m $21.6m ($12.4m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — $1.4m $1.1m $5.3m $26.9m $14.4m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $1.5m $2.2m $2.5m $1.5m $1.2m $2.0m $2.7m $349k $300k
Income Taxes Paid, Net $49k $46k $96k $81k ($309k) $37k $67k $6.3m $10.7m $108k

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