← VINCE HOLDING 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:
Equity in net income of equity method investment, net of distributions — — — — — — — ($121k) $2.7m $2.0m
Net Income (Loss) Attributable to Parent $5.1m ($162.7m) $58.6m ($2.0m) $30.4m ($65.6m) ($12.7m) ($38.3m) $25.4m ($19.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — $58.6m $58.6m ($2.0m) $30.4m ($65.6m) ($12.7m) ($38.3m) $25.4m ($19.0m)
Depreciation, Depletion and Amortization $8.3m $8.7m $10.1m $11.3m $9.6m $6.9m $6.5m $8.3m $4.9m $4.0m
Amortization of Debt Issuance Costs — $1.2m $1.2m $660k $554k $674k $788k $1.3m $758k $312k
Amortization of Intangible Assets $598k $598k $599k $2.5m $1.6m $656k $656k $149k $149k —
Depreciation $6.4m $7.1m $8.5m $8.6m $7.9m $6.0m $5.6m $7.1m $4.7m $3.9m
Amortization of deferred financing costs $483k $1.2m $660k $554k $674k $788k $1.3m $758k $312k $366k
Deferred Income Tax Expense (Benefit) $2.7m $93.4m ($379k) ($94k) $101k $1.7m $4.4m $2.9m ($4.0m) ($4.3m)
Deferred income taxes $93.4m ($379k) $176k $101k $1.7m $4.4m $2.9m ($4.0m) ($4.3m) $5k
Share-based Payment Arrangement, Noncash Expense $1.3m $1.3m $1.1m $1.3m $2.0m $1.3m $2.1m $2.1m $1.5m $1.6m
Payment, Tax Withholding, Share-based Payment Arrangement — — — $321k $321k $222k $69k $213k $142k $264k
Goodwill and Intangible Asset Impairment $53.1m $53.1m — $19.5m $19.5m $13.8m — — — —
Goodwill, Impairment Loss $0 $22.3m $0 $0 $2.1m $9.5m $0 $0 $0 $32.0m
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — $1.7m $1.7m — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — — $1.7m $1.7m — —
Operating Lease, Impairment Loss — — — $177k $177k $8.6m — — — —
Impairment of goodwill — — — — — — — $0 $32.0m $0
Share-based compensation expense $1.3m $1.1m $1.3m $2.0m $1.3m $2.1m $2.1m $1.5m $1.6m $426k
Gain (Loss) on Extinguishment of Debt — — ($816k) ($816k) — ($1.5m) ($1.5m) ($3.1m) ($3.1m) —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $2.1m $5.1m ($293k) ($293k) ($128k) ($12k) ($12k) ($121k) ($260k) ($88k)
Gain (Loss) on Disposition of Intangible Assets — — — — — — $1.6m $1.6m $32.8m —
Income (Loss) from Equity Method Investments — — — — — — — $1.5m $1.5m $712k
Income Tax Expense (Benefit) $3.2m $93.7m ($572k) $156k $98k $1.9m $4.6m $3.0m ($3.5m) ($3.6m)
Operating Lease, Expense — — $27.7m $27.7m $29.2m — — — — —
Other Nonoperating Income (Expense) ($329k) ($329k) $81.9m ($237k) $55.8m $2.3m — — — —
Loss on debt extinguishment — — $816k $816k — $1.5m $1.5m $3.1m $3.1m —
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions — — — — — — — $121k $121k ($2.7m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $15.4m $2.8m $10.4m $10.9m ($5.3m) $1.8m $10.3m $11.5m ($31.2m) $376k
Accounts Receivable, Credit Loss Expense (Reversal) — — — — — — $424k $424k $104k $9k
Goodwill $63.7m $41.4m $41.4m $43.6m $41.4m $32.0m $32.0m $32.0m $32.0m $0
Inventory Write-down $16.3m $839k — — — — — — — —
Payments of Financing Costs — $555k $555k $2.5m $13k $715k $2.2m $1.1m $3.3m $332k
Allowance for doubtful accounts — — — — — — $424k $104k $9k $6.5m
Gain on sale of intangible assets — — — — — — ($1.6m) ($32.8m) ($32.8m) —
Gain on sale of subsidiary — — — — — — — — ($7.6m) $0
Capitalized PIK Interest due to loan with former related party — — — — $348k $2.3m $2.9m $4.0m $4.5m $1.0m
Receivables, net ($936k) ($10.3m) ($8.1m) ($2.6m) $6.6m $2.2m $8.8m ($42k) ($11.7m) ($4.7m)
Inventories ($2.8m) ($11.2m) ($4.3m) $5.3m ($1.8m) ($10.3m) ($11.5m) $31.2m ($376k) ($7.0m)
Prepaid expenses and other current assets $598k ($1.8m) $633k $2.9m $533k $2.7m $1.2m ($655k) $298k $130k
Accounts payable and accrued expenses ($24.4m) ($9.8m) $5.6m $7.6m ($6.6m) $6.0m $2.7m ($24.0m) $19.8m ($5.1m)
Other assets and liabilities ($25k) ($711k) $327k ($3.2m) $4.2m ($5.4m) ($2.1m) ($8.2m) ($242k) ($40k)
Proceeds from sale of intangible assets — — — — — — $4.2m $77.5m $77.5m —
Proceeds from borrowings under the Revolving Credit Facilities ($9.8m) $11.7m $2.1m $310.4m $250.4m $331.5m $402.7m $245.1m $211.2m $219.6m
Repayment of borrowings under the Revolving Credit Facilities ($191.2m) ($409.7m) $409.7m ($301.7m) ($237.7m) ($337.3m) ($378.8m) ($289.4m) ($214.0m) ($220.3m)
Repayment of borrowings under the Third Lien Credit Facility — — — — — — — — ($15.0m) $0
Tax withholdings related to restricted stock vesting — — — ($321k) ($222k) ($69k) ($213k) ($142k) ($264k) $0
Financing fees — ($555k) ($2.5m) ($13k) ($715k) ($2.2m) ($1.1m) ($3.3m) ($332k) ($135k)
Cash payments for interest $3.0m $4.7m $4.5m $4.2m $3.1m $4.5m $3.4m $6.4m $1.8m $2.1m
Cash payments for income taxes, net of refunds $330k ($239k) ($9k) ($13k) ($113k) $74k $165k $752k $25k $1.8m
Deemed contribution in connection with debt extinguishment — — — — — — — — $11.6m $0
Capital expenditures in accounts payable and accrued liabilities $1.1m $20k $41k $494k $92k $232k $19k $117k $782k $10k
(Write-off)/contribution from principal stockholder in accounts receivable — — — — — — — — $614k $0
Deferred financing fees in accrued liabilities — — — — $650k $150k $1.1m $1k $135k $0
Net Cash Provided by (Used in) Operating Activities ($29.7m) ($29.7m) ($40.4m) $2.6m $16.8m ($25.1m) ($221k) ($19.3m) $1.6m $22.1m
Cash flows from investing activities:
Payments for capital expenditures ($14.3m) ($3.4m) ($3.1m) ($4.5m) ($3.5m) ($5.1m) ($2.8m) ($1.5m) ($4.2m) ($4.3m)
Net Cash Provided by (Used in) Investing Activities ($14.3m) ($14.3m) ($3.4m) ($3.7m) ($4.5m) ($3.5m) ($5.1m) $1.5m $75.5m ($4.2m)
Cash flows from financing activities:
Repayments of Long-term Debt — — — — — — — — $15.0m $15.0m
Proceeds from Issuance of Common Stock $63.8m $63.8m $29.0m — — $150k $150k $825k $29k $29k
Proceeds from issuance of common stock, net of certain fees $63.8m $29.0m $29.0m — — $150k $825k $825k $29k $2.0m
Net Cash Provided by (Used in) Financing Activities $58.7m $58.7m $28.2m ($4.7m) ($12.0m) $31.8m $2.5m $17.8m ($77.1m) ($18.4m)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — $2k ($20k) ($7k) ($7k) $2k $2k $1k $11k
(Decrease) increase in cash, cash equivalents, and restricted cash $14.7m ($15.6m) ($5.3m) $305k $3.2m ($2.8m) $18k $101k ($554k) ($120k)
Cash, cash equivalents, and restricted cash, beginning of period $21.0m $5.4m $129k $646k $3.9m $1.1m $1.1m $1.2m $666k $557k
Less: restricted cash at end of period — — $152k $180k $81k $40k $37k $862k $59k $59k
Cash and cash equivalents per balance sheet at end of period $21.0m $5.4m $209k $466k $3.8m $1.1m $1.1m $357k $607k $498k
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $4.7m $4.7m $5.5m $4.2m $3.1m $4.5m $3.4m $6.4m $1.8m
Income Taxes Paid, Net $1.5m $330k ($239k) $27k ($13k) ($113k) $74k $165k $752k $25k

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