FARM · As filed with the SEC
Farmer Brothers cash flow statement, 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 STATEMENTS OF CASH FLOWS · USD thousands
| USD thousands | FY2025 Year ended Jun 30, 2025 | FY2024 Year ended Jun 30, 2024 | FY2023 Year ended Jun 30, 2023 | FY2022 Year ended Jun 30, 2022 | FY2021 Year ended Jun 30, 2021 | FY2020 Year ended Jun 30, 2020 | FY2019 Year ended Jun 30, 2019 | FY2018 Year ended Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net loss | (14,516) | (3,875) | (79,180) | (15,661) | (41,651) | (37,087) | (73,595) | (18,280) |
| Net cash provided by (used in) operating activities | ||||||||
| Depreciation and amortization | 11,448 | 11,588 | 22,168 | 23,810 | 27,625 | 29,896 | 31,065 | 30,464 |
| Gain on settlement related to Boyd's acquisition | — | 0 | (1,917) | 0 | — | — | — | — |
| Impairment of fixed assets | — | — | 0 | 0 | — | — | — | — |
| Deferred income taxes | — | 0 | (735) | (425) | 13,404 | (300) | 41,654 | 17,154 |
| Postretirement benefits and pension settlement cost | 7,726 | — | 0 | 0 | — | — | — | — |
| Net losses (gains) on disposal of assets | 2,547 | (18,091) | 22,275 | (2,905) | (21,077) | (5,760) | 10,948 | 0 |
| Net gain from sale of Torrance Facility | — | — | — | — | — | — | 0 | — |
| Net (gains) losses from sales of assets | — | — | — | — | (593) | (25,237) | 466 | (995) |
| Net losses on derivative instruments | 3,498 | 113 | 7,504 | (21,620) | 5,016 | (1,082) | (18,901) | (7,782) |
| Other assets | — | — | — | — | 11,249 | 990 | 114 | 685 |
| Share-based compensation expense | 1,999 | 3,806 | 8,311 | 6,501 | 4,580 | 4,309 | 3,674 | 3,822 |
| Provision for credit losses | 356 | 748 | 743 | (353) | (877) | 1,379 | 1,363 | 137 |
| Impairment of goodwill and intangible assets | — | — | — | — | 0 | 42,030 | 0 | 3,820 |
| Impairment losses on fixed assets | — | — | — | — | 1,243 | 0 | 0 | (500) |
| Restructuring and other transition expenses, net of payments | — | — | — | — | 0 | 0 | 1,172 | (1,185) |
| Interest on sale-leaseback financing obligation | — | — | — | — | — | — | 0 | 0 |
| Change in operating assets and liabilities: | ||||||||
| Accounts receivable, net | 10,833 | 10,448 | (939) | (6,260) | — | — | — | — |
| Inventories | 7,391 | (7,954) | 19,785 | (22,828) | (9,383) | 19,530 | 16,192 | (15,513) |
| Income tax receivable | — | — | — | — | — | — | — | 13 |
| Derivative assets, net | (6,035) | 565 | (6,235) | 19,554 | (3,250) | 9,818 | 9,196 | 1,982 |
| Restricted cash | — | — | — | — | — | — | — | 0 |
| Purchases of trading securities | — | — | — | — | — | — | — | 0 |
| Proceeds from sales of trading securities | — | — | — | — | — | — | — | 375 |
| Accounts receivable | — | — | — | — | 1,438 | 12,893 | 2,757 | (4,628) |
| Other assets | 1,589 | 2,335 | (945) | 2,652 | — | — | — | — |
| Accounts payable | (10,724) | (11,777) | 7,087 | 7,111 | 7,790 | (35,784) | 16,546 | 3,864 |
| Accrued expenses and other | (15) | (2,053) | (4,802) | (1,030) | 3,000 | (14,140) | (7,201) | 1,766 |
| Accrued postretirement benefits | — | — | — | — | — | — | — | (1,924) |
| Other long-term liabilities | — | — | — | — | — | — | — | (4,420) |
| Net cash provided by (used in) operating activities | 16,097 | (14,147) | (6,880) | (11,454) | (1,486) | 1,455 | 35,450 | 8,855 |
| Cash flows from investing activities: | ||||||||
| Acquisitions of businesses, net of cash acquired | — | — | — | — | — | 0 | 0 | (39,608) |
| Purchases of property, plant and equipment | — | — | — | — | — | — | (34,760) | (35,443) |
| Purchases of assets for construction of New Facility | — | — | — | — | — | — | 0 | (1,577) |
| Sale of business | — | — | 92,226 | — | — | — | — | — |
| Sale of business | — | (1,214) | — | — | — | — | — | — |
| Sale of business | (800) | — | — | — | — | — | — | — |
| Purchases of property, plant and equipment | (9,591) | (13,843) | (15,016) | (15,163) | (15,117) | (17,560) | — | — |
| Purchases of assets for construction of New Facility | — | — | — | — | — | 0 | — | — |
| Proceeds from sales of property, plant and equipment | 4,489 | 29,780 | 11,235 | 9,118 | 4,421 | 39,477 | 2,399 | 1,988 |
| Net cash (used in) provided by investing activities | (5,902) | 14,723 | 88,445 | (6,045) | (10,696) | 21,917 | (32,361) | (74,640) |
| Cash flows from financing activities: | ||||||||
| Proceeds from Credit Facilities | 8,000 | 6,279 | 54,000 | 23,500 | 80,742 | 90,000 | 50,642 | 85,315 |
| Repayments on Credit Facilities | (17,000) | (6,000) | (139,579) | (5,900) | (159,242) | (60,000) | (48,429) | (23,149) |
| Proceeds from sale-leaseback financing obligation | — | — | — | — | — | — | 0 | 0 |
| Proceeds from New Facility lease financing obligation | — | — | — | — | — | — | 0 | 0 |
| Repayments of New Facility lease financing | — | — | — | — | — | — | 0 | 0 |
| Proceeds from issuance of term loan | — | — | 0 | 0 | 47,500 | — | — | — |
| Payment of financing costs | (33) | (76) | (368) | (352) | (6,288) | (418) | (1,049) | (579) |
| Proceeds from stock option exercises | — | — | — | 0 | 0 | 129 | 507 | 1,342 |
| Tax withholding payment - net share settlement of equity awards | — | — | — | — | — | — | 0 | 0 |
| Payments of finance lease obligations | (193) | (193) | (193) | (193) | (105) | (53) | (215) | (947) |
| Net cash (used in) provided by financing activities | (9,226) | 10 | (86,140) | 17,055 | (37,393) | 29,658 | 1,456 | 61,982 |
| Net (decrease) increase in cash and cash equivalents | — | — | — | — | — | — | 4,545 | (3,803) |
| Net increase in cash and cash equivalents and restricted cash | 969 | 586 | (4,575) | (444) | (49,575) | 53,030 | — | — |
| Cash and cash equivalents at beginning of year | — | — | — | — | 60,013 | 6,983 | 2,438 | 6,241 |
| Cash and cash equivalents at end of year | — | — | — | — | — | 60,013 | 6,983 | 2,438 |
| Cash and cash equivalents and restricted cash at beginning of period | 6,005 | 5,419 | 9,994 | 10,438 | 60,013 | 6,983 | — | — |
| Cash and cash equivalents and restricted cash at end of period | 6,974 | 6,005 | 5,419 | 9,994 | 10,438 | — | — | — |
| Supplemental disclosure of cash flow information: | ||||||||
| Cash paid for interest | — | — | — | — | — | — | — | 3,177 |
| Cash paid for interest | 2,358 | 2,803 | 11,760 | 7,503 | 5,703 | 4,426 | 5,512 | — |
| Cash paid for income taxes | 152 | 164 | 177 | 142 | 355 | 21 | 107 | 144 |
| Supplemental disclosure of non-cash investing and financing activities: | ||||||||
| Equipment acquired under capital leases | — | — | — | — | — | — | 0 | 0 |
| Net change in derivative assets and liabilities included in other comprehensive (loss) income, net of tax | — | — | — | — | — | — | (2) | (5,122) |
| Construction-in-progress assets under New Facility lease | — | — | — | — | — | — | — | 0 |
| New Facility lease obligation | — | — | — | — | — | — | — | 0 |
| Non-cash additions to property, plant and equipment | 85 | 167 | 124 | 63 | 95 | 446 | 2,619 | 2,814 |
| Assets held for sale | — | — | — | — | — | — | — | 0 |
| Non-cash portion of earnout receivable recognized—Spice Assets sale | — | — | — | — | — | 0 | 0 | 298 |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 21,407 | 13,508 | 3,517 | 7,684 | — | — | — | — |
| Non-cash issuance of 401(K) common stock | 0 | 595 | 938 | 373 | — | 0 | 0 | 11,756 |
| China Mist Brands, Inc - Earnout Payable | — | — | — | — | — | — | 0 | 0 |
| China Mist Brands, Inc - Networking Capital Payable | — | — | — | — | — | — | 0 | 0 |
| West Coast Coffee, Inc. | — | — | — | — | 0 | 0 | 400 | 0 |
| West Coast Coffee, Inc. | — | — | — | — | — | 0 | 0 | 218 |
| ESOP compensation expense, including reclassifications | — | — | — | — | — | 2,985 | — | — |
| Boyd Coffee | — | — | — | — | 0 | — | 2,277 | 1,056 |
| Non-cash Issuance of 401-K shares of Common Stock | — | — | — | — | 398 | 266 | 37 | — |
| Option costs paid with exercised shares | — | — | — | — | — | — | — | 0 |
| Cumulative preferred dividends, undeclared and unpaid | — | — | — | — | — | — | 534 | 389 |
| Less: Cumulative preferred dividends, undeclared and unpaid | — | — | — | — | 574 | 554 | — | — |
| Cumulative preferred dividends, undeclared and unpaid | — | 0 | 0 | 0 | — | — | — | — |
| Conversion of preferred shares | — | 0 | — | — | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.