Daktronics Inc. (DAKT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
PO BOX 5128 BROOKINGS, SD 57006 |
| State of Incorp. | SD |
| Fiscal Year End | April 30 |
| Industry (SIC) | 399 - Miscellaneous Manufacturing Industries (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 1/31/2025 MRQ | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 81,299 | 24,516 | 21,163 | 77,590 | 40,398 | 35,383 | |||
| Cash and cash equivalent | 81,299 | 23,982 | 17,143 | 77,590 | 40,398 | 35,383 | |||
| Short-term investments | 534 | 4,020 | |||||||
| Restricted cash and investments | 379 | 708 | 865 | 2,812 | 14 | 359 | |||
| Receivables | 117,932 | 111,520 | 104,500 | 70,001 | 76,644 | 68,874 | |||
| Inventory, net of allowances, customer advances and progress billings | 138,008 | 149,448 | 134,392 | 74,356 | 86,803 | 78,832 | |||
| Inventory | 138,008 | 149,448 | 134,392 | 74,356 | 86,803 | 78,832 | |||
| Contract with customer, asset, after allowance for credit loss | 55,800 | 46,789 | 41,687 | 32,799 | 35,467 | 33,704 | |||
| Asset, held-for-sale, not part of disposal group | 1,817 | 1,858 | |||||||
| Other undisclosed current assets | 8,531 | 9,676 | 14,963 | 7,445 | 10,859 | 34,663 | |||
| Total current assets: | 401,949 | 342,657 | 317,570 | 265,003 | 252,002 | 253,673 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 71,752 | 72,147 | 66,765 | 58,682 | 67,484 | 65,314 | |||
| Long-term investments and receivables | 2,375 | 12,198 | 18,406 | 21,522 | 18,371 | 1,214 | |||
| Long-term investments | 1,813 | 11,934 | 16,916 | 19,887 | 17,257 | ||||
| Accounts and financing receivable, after allowance for credit loss | 562 | 264 | 1,490 | 1,635 | 1,114 | 1,214 | |||
| Intangible assets, net (including goodwill) | 4,066 | 4,375 | 9,399 | 10,497 | 11,097 | 7,889 | |||
| Goodwill | 3,226 | 3,239 | 7,927 | 8,414 | 7,743 | 7,889 | |||
| Intangible assets, net (excluding goodwill) | 840 | 1,136 | 1,472 | 2,083 | 3,354 | ||||
| Deferred costs | 1,357 | ||||||||
| Deferred income tax assets | 25,862 | 16,867 | 13,331 | 11,944 | 13,271 | ✕ | |||
| Other undisclosed noncurrent assets | 21,880 | 19,860 | 15,405 | 7,516 | 9,069 | 21,126 | |||
| Total noncurrent assets: | 125,935 | 125,447 | 123,306 | 110,161 | 120,649 | 95,543 | |||
| TOTAL ASSETS: | 527,884 | 468,104 | 440,876 | 375,164 | 372,651 | 349,216 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 103,785 | 103,527 | 111,680 | 71,661 | 85,304 | 77,402 | |||
| Taxes payable | ✕ | ✕ | ✕ | 408 | 738 | 844 | 468 | ||
| Accounts payable | 60,757 | 67,522 | 76,313 | 40,251 | 47,834 | 44,873 | |||
| Accrued liabilities | 43,028 | 36,005 | 34,959 | 30,672 | 36,626 | 32,061 | |||
| Deferred revenue | 65,524 | 91,549 | 90,393 | 64,495 | 50,897 | ✕ | |||
| Debt | 1,500 | ||||||||
| Provision for loss on contracts | 42 | 2,353 | |||||||
| Due to related parties | ✕ | ✕ | 296 | ||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 47,178 | ||
| Other undisclosed current liabilities | 21,487 | 15,087 | 11,325 | 10,464 | 9,722 | 7,139 | |||
| Total current liabilities: | 192,296 | 210,163 | 213,694 | 146,620 | 145,965 | 134,072 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 53,164 | 17,750 | |||||||
| Long-term debt, excluding current maturities | 53,164 | 17,750 | |||||||
| Liabilities, other than long-term debt | 43,632 | 39,313 | 35,618 | 34,990 | 49,706 | 27,481 | |||
| Accounts payable and accrued liabilities | 21,388 | 20,313 | 17,734 | 16,044 | 15,860 | 14,978 | |||
| Deferred revenue | 16,342 | 13,096 | 10,998 | 10,720 | 10,707 | ✕ | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 10,053 | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 533 | ||
| Deferred income tax liabilities | 143 | 195 | 287 | 410 | 452 | ✕ | |||
| Liability for uncertainty in income taxes | 582 | 578 | |||||||
| Other liabilities | 5,759 | 5,709 | 6,599 | 7,816 | 22,105 | 1,339 | |||
| Total noncurrent liabilities: | 96,796 | 57,063 | 35,618 | 34,990 | 49,706 | 27,481 | |||
| Total liabilities: | 289,092 | 267,226 | 249,312 | 181,610 | 195,671 | 161,553 | |||
| Equity | |||||||||
| Equity, attributable to parent | 238,792 | 200,878 | 191,564 | 193,554 | 176,980 | 187,663 | |||
| Common stock | 65,525 | 63,023 | 61,794 | 60,575 | 60,010 | 57,699 | |||
| Treasury stock, value | (10,285) | (10,285) | (10,285) | (7,297) | (7,470) | (1,834) | |||
| Additional paid in capital | 52,046 | 50,259 | 48,372 | 46,595 | 44,627 | 42,561 | |||
| Accumulated other comprehensive loss | (6,525) | (5,529) | (4,925) | (2,335) | (5,277) | (4,356) | |||
| Retained earnings | 138,031 | 103,410 | 96,608 | 96,016 | 85,090 | 93,593 | |||
| Total equity: | 238,792 | 200,878 | 191,564 | 193,554 | 176,980 | 187,663 | |||
| TOTAL LIABILITIES AND EQUITY: | 527,884 | 468,104 | 440,876 | 375,164 | 372,651 | 349,216 | |||
Income Statement (P&L) ($ in thousands)
| 1/31/2025 TTM | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 818,083 | 754,196 | 610,970 | 482,033 | 608,932 | 569,704 | ||
| Cost of revenue | (595,640) | (602,841) | (494,273) | (361,450) | (470,232) | (439,410) | ||
| Gross profit: | 222,443 | 151,355 | 116,697 | 120,583 | 138,700 | 130,294 | ||
| Operating expenses | (135,328) | (129,967) | (112,651) | (103,475) | (138,867) | (135,022) | ||
| Operating income (loss): | 87,115 | 21,388 | 4,046 | 17,108 | (167) | (4,728) | ||
| Nonoperating income (expense) | (16,514) | (8,131) | (2,938) | (2,753) | 264 | (56) | ||
| Investment income, nonoperating | (3,418) | (920) | 171 | 230 | 805 | 1,031 | ||
| Other nonoperating expense | (13,096) | (7,211) | (3,109) | (2,983) | (541) | (1,087) | ||
| Interest and debt expense | (3,353) | (295) | (106) | (160) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 67,248 | 13,257 | 1,108 | 14,060 | (9) | (4,944) | ||
| Loss from equity method investments | (3,764) | (3,332) | (2,970) | (2,370) | (741) | (844) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (9,433) | 3,332 | 2,970 | 2,370 | 741 | 844 | ||
| Income (loss) from continuing operations before income taxes: | 54,051 | 13,257 | 1,108 | 14,060 | (9) | (4,944) | ||
| Income tax expense (benefit) | (19,430) | (6,455) | (516) | (3,134) | 500 | 3,986 | ||
| Income (loss) from continuing operations: | 34,621 | 6,802 | 592 | 10,926 | 491 | (958) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 592 | 10,926 | 491 | (958) | |
| Net income (loss) available to common stockholders, basic: | 34,621 | 6,802 | 592 | 10,926 | 491 | (958) | ||
| Interest on convertible debt | ||||||||
| Net income (loss) available to common stockholders, diluted: | 34,621 | 6,802 | 592 | 10,926 | 491 | (958) | ||
Comprehensive Income ($ in thousands)
| 1/31/2025 TTM | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 34,621 | 6,802 | 592 | 10,926 | 491 | (958) | ||
| Comprehensive income (loss): | 34,621 | 6,802 | 592 | 10,926 | 491 | (958) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (996) | (604) | (2,590) | 2,942 | (921) | (1,642) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 33,625 | 6,198 | (1,998) | 13,868 | (430) | (2,600) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.