Kimball International, Inc. (KBAL) Financial Statements (2024 and earlier)

Company Profile

Business Address 1600 ROYAL ST
JASPER, IN 47546-2256
State of Incorp. IN
Fiscal Year End June 30
Industry (SIC) 251 - Household Furniture (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2023
MRQ
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,93424,33697,092106,26787,27098,565
Cash and cash equivalents10,93424,33691,79873,19652,66362,882
Short-term investments   5,29433,07134,60735,683
Receivables79,30158,70868,36563,12060,98453,909
Inventory, net of allowances, customer advances and progress billings97,96954,29149,85746,81239,50938,062
Inventory97,96954,29149,85746,81239,50938,062
Disposal group, including discontinued operation   2152812814,223
Other undisclosed current assets30,93722,01216,86913,10518,5238,050
Total current assets:219,141159,347232,398229,585206,567202,809
Noncurrent Assets
Operating lease, right-of-use asset12,83914,65416,461
Property, plant and equipment96,97090,62392,04190,67184,48780,069
Intangible assets, net (including goodwill)102,611146,44025,10923,26821,4312,932
Goodwill47,84481,96211,16011,1608,824 
Intangible assets, net (excluding goodwill)54,76764,47813,94912,10812,6072,932
Deferred income tax assets14,47216,3687,485
Other noncurrent assets15,24517,16312,77312,42012,76713,450
Deferred tax assets, net8,7224,91614,487
Total noncurrent assets:242,137285,248153,869135,081123,601110,938
TOTAL ASSETS:461,278444,595386,267364,666330,168313,747
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities141,93884,18484,759108,448100,17096,044
Interest and dividends payable3,6233,5323,4543,0382,6622,296
Taxes payable7,266     
Employee-related liabilities19,025     
Accounts payable70,93641,53740,22947,91648,21444,730
Accrued liabilities41,08839,11541,07657,49449,29449,018
Deferred revenue29,70624,43819,649
Debt 33302725233,779
Customer advances and deposits21,25320,516
Contract with customer, liability24,611
Other undisclosed current liabilities(20,195)6,5904,886   
Total current liabilities:151,482115,242109,321133,084121,446120,339
Noncurrent Liabilities
Long-term debt and lease obligation80,19652,61516,719136161184
Long-term debt, excluding current maturities68,04640,079109136161184
Liabilities, other than long-term debt16,06437,06815,43114,95615,53717,020
Other liabilities12,90416,87815,43114,95615,53717,020
Operating lease, liability12,15012,53616,610
Business combination, contingent consideration, liability 3,16020,190    
Total noncurrent liabilities:96,26089,68332,15015,09215,69817,204
Total liabilities:247,742204,925141,471148,176137,144137,543
Equity
Equity, attributable to parent, including:213,536239,670244,796216,490193,024176,204
Treasury stock, value(68,518)(68,793)(68,286)(68,559)(62,769)(60,796)
Additional paid in capital6,3045,2983,7703,5701,8812,971
Accumulated other comprehensive income3,7661,9802,1371,9371,8161,115
Retained earnings269,833299,034305,024277,391249,945230,763
Other undisclosed equity, attributable to parent2,1512,1512,1512,1512,1512,151
Total equity:213,536239,670244,796216,490193,024176,204
TOTAL LIABILITIES AND EQUITY:461,278444,595386,267364,666330,168313,747

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

3/31/2023
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
Revenues665,877569,008727,859768,070685,600669,934
Revenue, net685,600669,934
Cost of revenue
(Cost of Goods and Services Sold)
(454,571)(386,580)(477,098)(513,518)(464,154)(446,629)
Gross profit:211,306182,428250,761254,552221,446223,305
Operating expenses(246,898)(192,507)(196,374)(205,077)(170,383)(166,642)
Other operating income, net 4,523     
Other undisclosed operating income17,03011,600    
Operating income (loss):(14,039)1,52154,38749,47551,06356,663
Nonoperating income (expense)(3,381)3,0891,7432,3692,0681,392
Investment income, nonoperating1293361,6411,9311,642536
Other nonoperating income (expense)(2,027)3,206181438426856
Interest and debt expense(1,483)(453)(79)(174)(221)(37)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  45379 (585) 
Income (loss) from continuing operations before equity method investments, income taxes:(18,903)4,61056,13051,67052,32558,018
Other undisclosed income from continuing operations before income taxes1,483     
Income (loss) from continuing operations before income taxes:(17,420)4,61056,13051,67052,32558,018
Income tax expense (benefit)1,7062,806(15,076)(12,326)(17,886)(20,512)
Income (loss) from continuing operations:(15,714)7,41641,05439,34434,43937,506
Income (loss) before gain (loss) on sale of properties:(15,714)7,41641,05439,34434,43937,506
Net income (loss) available to common stockholders, diluted:(15,714)7,41641,05439,34434,43937,506

Comprehensive Income ($ in thousands)

3/31/2023
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
Net income (loss):(15,714)7,41641,05439,34434,43937,506
Other comprehensive income (loss)1,786(157)200121411(196)
Comprehensive income (loss), net of tax, attributable to parent:(13,928)7,25941,25439,46534,85037,310

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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