Haynes International, Inc. (HAYN) Financial Statements (2024 and earlier)

Company Profile

Business Address 1020 WEST PARK AVE
KOKOMO, IN 46904
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12,93116,85911,5278,4409,43812,202
Cash and cash equivalents12,93116,85911,5278,4409,43812,202
Receivables91,182101,88192,13994,91279,57477,352
Inventory, net of allowances, customer advances and progress billings411,697397,481390,535357,556344,088292,097
Inventory411,697397,481390,535357,556344,088292,097
Other current assets3,2453,6584,3283,5144,5955,176
Total current assets:519,055519,879498,529464,422437,695386,827
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   5,643  
Operating lease, right-of-use asset   1,085  
Intangible assets, net (including goodwill)10,5399,7279,8179,6989,82810,053
Goodwill4,7894,7894,7894,7894,7894,789
Intangible assets, net (excluding goodwill)5,7504,9385,0284,9095,0395,264
Deferred income tax assets6,7645,8585,6325,68012,07712,311
Other undisclosed noncurrent assets151,852152,200151,824145,767154,924156,322
Total noncurrent assets:169,155167,785167,273167,873176,829178,686
TOTAL ASSETS:688,210687,664665,802632,295614,524565,513
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities73,21169,31380,46885,63989,61371,884
Taxes payable3,7251,751385
Employee-related liabilities7,7343,5543,554
Accounts payable56,14551,16763,25554,88666,43750,046
Accrued liabilities17,06618,14617,21319,29417,87117,899
Deferred revenue2,5002,5002,5002,5002,5002,500
Debt     46,50021,500
Other undisclosed current liabilities3,9844,0485,951(7,260)  
Total current liabilities:79,69575,86188,91980,879138,61395,884
Noncurrent Liabilities
Long-term debt and lease obligation98,665108,00088,02582,416764846
Long-term debt, excluding current maturities98,665108,00088,02574,721  
Finance lease, liability   7,119  
Liabilities, other than long-term debt89,04290,68492,27885,082113,540115,858
Deferred revenue5,9546,5797,2047,8298,4549,079
Asset retirement obligations 341341341 496496
Deferred income tax liabilities3,3153,2853,2633,1033,3613,425
Liability, pension and other postretirement and postemployment benefits79,06279,99380,90074,150101,229102,858
Operating lease, liability370486570576764846
Other undisclosed noncurrent liabilities7,3077,3607,4368,4307,5347,615
Total noncurrent liabilities:195,014206,044187,739175,928121,838124,319
Total liabilities:274,709281,905276,658256,807260,451220,203
Equity
Equity, attributable to parent413,501405,759389,144375,488354,073345,310
Common stock131313131313
Treasury stock, value(15,591)(15,591)(15,504)(14,666)(14,218)(14,218)
Additional paid in capital276,831275,962270,340266,193265,154264,098
Accumulated other comprehensive income (loss)(3,202)(4,139)(5,681)(11,092)(18,371)(13,202)
Retained earnings155,450149,514139,976135,040121,495108,619
Total equity:413,501405,759389,144375,488354,073345,310
TOTAL LIABILITIES AND EQUITY:688,210687,664665,802632,295614,524565,513

Income Statement (P&L) ($ in thousands)

9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
Revenues143,901152,786132,673143,810130,165117,056
Cost of revenue
(Cost of Goods and Services Sold)
(117,839)(121,908)(109,635)(111,889)(96,943)(93,643)
Gross profit:26,06230,87823,03831,92133,22223,413
Operating expenses(12,840)(13,749)(11,925)(13,114)(12,804)(12,726)
Operating income:13,22217,12911,11318,80720,41810,687
Nonoperating income
(Investment Income, Nonoperating)
17106316
Interest and debt expense(2,156)(1,865)(1,501)(917)(750)(514)
Income from continuing operations before equity method investments, income taxes:11,08315,2749,61817,89319,66910,179
Other undisclosed income from continuing operations before income taxes3663653661,3911,0881,088
Income from continuing operations before income taxes:11,44915,6399,98419,28420,75711,267
Income tax expense(2,690)(3,290)(2,245)(2,948)(5,149)(2,783)
Income from continuing operations:8,75912,3497,73916,33615,6088,484
Income before gain (loss) on sale of properties:16,33615,6088,484
Net income attributable to parent:8,75912,3497,73916,33615,6088,484
Other undisclosed net loss available to common stockholders, basic(68)(97)(59)(140)(154)(84)
Net income available to common stockholders, diluted:8,69112,2527,68016,19615,4548,400

Comprehensive Income ($ in thousands)

9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
3/31/2022
Q2
Net income:8,75912,3497,73916,33615,6088,484
Comprehensive income:8,75912,3497,73916,33615,6088,484
Other undisclosed comprehensive income (loss), net of tax, attributable to parent9371,5425,4117,279(5,169)(1,430)
Comprehensive income, net of tax, attributable to parent:9,69613,89113,15023,61510,4397,054

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.

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