FARM · As filed with the SEC
Farmer Brothers balance sheet, by fiscal year
The statement as Farmer Brothers presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | FY2025 Jun 30, 2025 | FY2024 Jun 30, 2024 | FY2023 Jun 30, 2023 | FY2022 Jun 30, 2022 | FY2021 Jun 30, 2021 | FY2020 Jun 30, 2020 | FY2019 Jun 30, 2019 | FY2018 Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 6,796 | 5,830 | 5,244 | 9,819 | 10,263 | 60,013 | 6,983 | 2,438 |
| Short-term investments | — | — | — | — | — | — | — | 0 |
| Restricted cash | 178 | 175 | 175 | 175 | 175 | — | — | — |
| Accounts and notes receivable, net of allowance for credit losses of $650 and $710, respectively | 24,758 | 35,147 | 45,129 | 46,935 | 40,321 | 40,882 | 55,155 | 58,498 |
| Inventories | 49,839 | 57,230 | 49,276 | 99,618 | 76,791 | 67,408 | 87,910 | 104,431 |
| Income tax receivable | — | — | — | — | 0 | 831 | 1,191 | 305 |
| Short-term derivative assets | 0 | 11 | 68 | 3,022 | 4,351 | 165 | 1,865 | — |
| Prepaid expenses | 3,975 | 4,236 | 5,334 | 4,491 | 5,594 | 7,414 | 6,804 | 7,842 |
| Current assets, discontinued operations | — | — | 0 | — | — | — | — | — |
| Assets held for sale | 0 | 352 | 7,770 | 1,032 | 1,591 | — | — | — |
| Total current assets | 85,546 | 102,981 | 112,996 | 165,092 | 139,086 | 176,713 | 159,908 | 173,514 |
| Property, plant and equipment, net | 27,845 | 34,002 | 33,782 | 138,150 | 150,091 | 165,633 | 189,458 | 186,589 |
| Goodwill | — | — | — | — | — | 0 | 36,224 | 36,224 |
| Intangible assets, net | 9,033 | 11,233 | 13,493 | 15,863 | 18,252 | 20,662 | 28,878 | 31,515 |
| Right-of-use operating lease assets | 38,347 | 35,241 | 24,593 | 27,957 | 26,254 | 21,117 | — | — |
| Other assets | 461 | 1,756 | 2,917 | 3,009 | 4,323 | 8,564 | 9,468 | 8,381 |
| Long-term derivative assets | — | — | — | — | — | 10 | 674 | — |
| Deferred income taxes | — | — | — | — | — | — | 0 | 39,308 |
| Noncurrent assets, discontinued operations | — | — | 0 | — | — | — | — | — |
| Total assets | 161,232 | 185,213 | 187,781 | 350,071 | 338,006 | 392,699 | 424,610 | 475,531 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | 37,669 | 48,478 | 60,088 | 52,877 | 45,703 | 36,987 | 72,771 | 56,603 |
| Accrued payroll expenses | 12,692 | 10,782 | 10,082 | 14,761 | 15,345 | 9,394 | 14,518 | 17,918 |
| Short-term borrowings under revolving credit facility | — | — | — | — | — | — | 0 | 89,787 |
| Short-term obligations under capital leases | — | — | — | — | — | — | 34 | 190 |
| Right-of-use operating lease liabilities - current | 16,773 | 14,046 | 8,040 | 7,721 | 6,262 | 5,854 | — | — |
| Term loan - current | — | — | 0 | 3,800 | 950 | — | — | — |
| Short-term derivative liability | 0 | 730 | 2,636 | 2,349 | 1,555 | 5,255 | 1,474 | 3,300 |
| Other current liabilities | 3,893 | 2,997 | 4,519 | 6,095 | 6,425 | 6,802 | 7,309 | 10,659 |
| Total current liabilities | 71,027 | 77,033 | 85,365 | 87,603 | 76,240 | 64,292 | 96,106 | 178,457 |
| Long-term borrowings under revolving credit facility | 14,300 | 23,300 | 23,021 | 63,000 | 88,778 | 122,000 | 92,000 | — |
| Loans Payable, Noncurrent | — | — | 0 | 40,123 | 44,328 | — | — | — |
| Accrued pension liabilities | 7,322 | 12,287 | 19,761 | 28,540 | 39,229 | 58,772 | 47,216 | 40,380 |
| Accrued postretirement benefits | 0 | 789 | 763 | 787 | 960 | 9,993 | 23,024 | 20,473 |
| Accrued workers’ compensation liabilities | 2,619 | 2,378 | 3,065 | 3,169 | 3,649 | 4,569 | 4,747 | 5,354 |
| Right-of-use operating lease liabilities | 22,195 | 21,766 | 17,157 | 20,762 | 20,049 | 15,628 | — | — |
| Other long-term liabilities | 221 | 2,111 | 537 | 1,339 | 5,092 | 5,532 | 4,023 | 1,812 |
| Total liabilities | 117,684 | 139,664 | 149,669 | 245,323 | 233,047 | 280,786 | 267,116 | 246,476 |
| Commitments and contingencies (Note 18) | — | — | — | — | — | — | — | 0 |
| Stockholders’ equity: | ||||||||
| Preferred stock, $1.00 par value, 500,000 shares authorized; Series A Convertible Participating Cumulative Perpetual Preferred Stock, 21,000 shares authorized; no shares issued and outstanding as of June 30, 2023 and 14,700 shares issued and outstanding as of June 30, 2022; liquidation preference of $17,346 as of June 30, 2022 | — | — | 0 | 15 | 15 | 15 | 15 | 15 |
| Common stock, $1.00 par value, 50,000,000 shares authorized; 21,560,985 and 21,264,327 shares issued and outstanding at June 30, 2025 and 2024, respectively | 21,561 | 21,265 | 20,144 | 18,466 | 17,853 | 17,348 | 17,042 | 16,952 |
| Additional paid-in capital | 81,666 | 79,963 | 77,278 | 71,997 | 66,109 | 62,043 | 57,912 | 55,965 |
| Accumulated deficit | (44,870) | (30,354) | (26,479) | 52,701 | 66,311 | 108,536 | 146,177 | 220,307 |
| Unearned ESOP shares | — | — | — | — | — | — | 0 | (2,145) |
| Accumulated other comprehensive loss | — | — | (32,831) | (38,431) | (45,329) | (76,029) | (63,652) | (62,039) |
| Accumulated other comprehensive loss | (14,809) | (25,325) | — | — | — | — | — | — |
| Total stockholders’ equity | 43,548 | 45,549 | 38,112 | 104,748 | 104,959 | 111,913 | 157,494 | 229,055 |
| Total liabilities and stockholders’ equity | 161,232 | 185,213 | 187,781 | 350,071 | 338,006 | 392,699 | 424,610 | 475,531 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.