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)

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,72312,93116,85911,5278,4409,438
Cash and cash equivalents10,72312,93116,85911,5278,4409,438
Receivables108,66491,182101,88192,13994,91279,574
Inventory, net of allowances, customer advances and progress billings414,077411,697397,481390,535357,556344,088
Inventory414,077411,697397,481390,535357,556344,088
Other current assets5,7023,2453,6584,3283,5144,595
Total current assets:539,166519,055519,879498,529464,422437,695
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 5,230   5,643 
Operating lease, right-of-use asset 1,067   1,085 
Intangible assets, net (including goodwill)10,44410,5399,7279,8179,6989,828
Goodwill4,7894,7894,7894,7894,7894,789
Intangible assets, net (excluding goodwill)5,6555,7504,9385,0284,9095,039
Deferred income tax assets3,6086,7645,8585,6325,68012,077
Other undisclosed noncurrent assets146,766151,852152,200151,824145,767154,924
Total noncurrent assets:167,115169,155167,785167,273167,873176,829
TOTAL ASSETS:706,281688,210687,664665,802632,295614,524
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities71,01373,21169,31380,46885,63989,613
Taxes payable3,7251,751
Employee-related liabilities7,7343,554
Accounts payable52,81256,14551,16763,25554,88666,437
Accrued liabilities18,20117,06618,14617,21319,29417,871
Deferred revenue2,5002,5002,5002,5002,5002,500
Debt      46,500
Other undisclosed current liabilities3,2763,9844,0485,951(7,260) 
Total current liabilities:76,78979,69575,86188,91980,879138,613
Noncurrent Liabilities
Long-term debt and lease obligation121,65998,665108,00088,02582,416764
Long-term debt, excluding current maturities114,84398,665108,00088,02574,721 
Finance lease, liability 6,816   7,119 
Liabilities, other than long-term debt64,07489,04290,68492,27885,082113,540
Deferred revenue5,3295,9546,5797,2047,8298,454
Asset retirement obligations 341341341 496
Deferred income tax liabilities3,6863,3153,2853,2633,1033,361
Liability, pension and other postretirement and postemployment benefits54,69779,06279,99380,90074,150101,229
Operating lease, liability362370486570576764
Other undisclosed noncurrent liabilities9,4357,3077,3607,4368,4307,534
Total noncurrent liabilities:195,168195,014206,044187,739175,928121,838
Total liabilities:271,957274,709281,905276,658256,807260,451
Equity
Equity, attributable to parent434,324413,501405,759389,144375,488354,073
Common stock131313131313
Treasury stock, value(15,600)(15,591)(15,591)(15,504)(14,666)(14,218)
Additional paid in capital277,713276,831275,962270,340266,193265,154
Accumulated other comprehensive income (loss)6,373(3,202)(4,139)(5,681)(11,092)(18,371)
Retained earnings165,825155,450149,514139,976135,040121,495
Total equity:434,324413,501405,759389,144375,488354,073
TOTAL LIABILITIES AND EQUITY:706,281688,210687,664665,802632,295614,524

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

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
Revenues160,596143,901152,786132,673143,810130,165
Cost of revenue
(Cost of Goods and Services Sold)
(130,814)(117,839)(121,908)(109,635)(111,889)(96,943)
Gross profit:29,78226,06230,87823,03831,92133,222
Operating expenses(13,640)(12,840)(13,749)(11,925)(13,114)(12,804)
Operating income:16,14213,22217,12911,11318,80720,418
Nonoperating income
(Investment Income, Nonoperating)
231710631
Interest and debt expense(2,072)(2,156)(1,865)(1,501)(917)(750)
Income from continuing operations before equity method investments, income taxes:14,09311,08315,2749,61817,89319,669
Other undisclosed income from continuing operations before income taxes7373663653661,3911,088
Income from continuing operations before income taxes:14,83011,44915,6399,98419,28420,757
Income tax expense(1,702)(2,690)(3,290)(2,245)(2,948)(5,149)
Income from continuing operations:13,1288,75912,3497,73916,33615,608
Income before gain (loss) on sale of properties:16,33615,608
Net income attributable to parent:13,1288,75912,3497,73916,33615,608
Other undisclosed net loss available to common stockholders, basic(103)(68)(97)(59)(140)(154)
Net income available to common stockholders, diluted:13,0258,69112,2527,68016,19615,454

Comprehensive Income ($ in thousands)

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
Net income:13,1288,75912,3497,73916,33615,608
Comprehensive income:13,1288,75912,3497,73916,33615,608
Other undisclosed comprehensive income (loss), net of tax, attributable to parent9,5759371,5425,4117,279(5,169)
Comprehensive income, net of tax, attributable to parent:22,7039,69613,89113,15023,61510,439

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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