Kimball International, Inc. (KBAL) financial statements (2021 and earlier)
Company profile
| Business Address |
1600 ROYAL ST JASPER, IN 47546-2256 |
| State of Incorp. | IN |
| Fiscal Year End | June 30 |
| SIC | 251 - Household Furniture (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 41 | 97 | 106 | 87 | 99 | 48 | 36 | ||
| Cash and cash equivalents | 40 | 92 | 73 | 53 | 63 | 48 | 35 | ||
| Short-term investments | 2 | 5 | 33 | 35 | 36 | 1 | |||
| Receivables | 55 | 68 | 63 | 61 | 54 | 52 | 56 | ||
| Inventory, net of allowances, customer advances and progress billings | 60 | 50 | 47 | 40 | 38 | 41 | 38 | ||
| Inventory | 60 | 50 | 47 | 40 | 38 | 41 | 38 | ||
| Disposal group, including discontinued operation | 0 | 0 | 0 | 4 | 9 | ||||
| Other undisclosed current assets | 18 | 17 | 13 | 19 | 8 | 10 | 22 | ||
| Total current assets: | 174 | 232 | 230 | 207 | 203 | 160 | 152 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 18 | 16 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 90 | 92 | 91 | 84 | 80 | 87 | 97 | ||
| Intangible assets, net (including goodwill) | 151 | 25 | 23 | 21 | 3 | 3 | 3 | ||
| Goodwill | 83 | 11 | 11 | 9 | |||||
| Intangible assets, net (excluding goodwill) | 68 | 14 | 12 | 13 | 3 | 3 | 3 | ||
| Deferred income tax assets | 13 | 7 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 18 | 13 | 12 | 13 | 13 | 11 | 15 | ||
| Deferred tax assets, net | ✕ | ✕ | 9 | 5 | 14 | 13 | |||
| Total noncurrent assets: | 290 | 154 | 135 | 124 | 111 | 114 | 115 | ||
| TOTAL ASSETS: | 464 | 386 | 365 | 330 | 314 | 274 | 266 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 78 | 85 | 108 | 100 | 96 | 88 | 113 | ||
| Accounts payable | 42 | 40 | 48 | 48 | 45 | 42 | 41 | ||
| Accrued liabilities | 32 | 41 | 57 | 49 | 49 | 44 | 45 | ||
| Employee-related liabilities | 22 | ||||||||
| Taxes payable | 3 | ||||||||
| Interest and dividends payable | 4 | 3 | 3 | 3 | 2 | 2 | 2 | ||
| Deferred revenue | 29 | 20 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 41 | 0 | 0 | 0 | 4 | 0 | 0 | ||
| Restructuring reserve | 3 | ||||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | 21 | 21 | 19 | 19 | ||
| Contract with customer, liability | ✕ | ✕ | 25 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 7 | 5 | (27) | ||||||
| Total current liabilities: | 154 | 109 | 133 | 121 | 120 | 107 | 107 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 17 | 17 | 0 | 0 | 0 | 0 | 0 | ||
| Long-term debt, excluding current maturities | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Operating lease, liability | 16 | 17 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 49 | 15 | 15 | 16 | 17 | 17 | 20 | ||
| Liability, pension and other postretirement and postemployment benefits | 2 | ||||||||
| Other liabilities | 17 | 15 | 15 | 16 | 17 | 17 | 17 | ||
| Business combination, contingent consideration, liability | 32 | ||||||||
| Other undisclosed noncurrent liabilities | (2) | ||||||||
| Total noncurrent liabilities: | 66 | 32 | 15 | 16 | 17 | 17 | 17 | ||
| Total liabilities: | 220 | 141 | 148 | 137 | 138 | 124 | 125 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 244 | 245 | 216 | 193 | 176 | 150 | 142 | ||
| Treasury stock, value | (68) | (68) | (69) | (63) | (61) | (62) | |||
| Additional paid in capital | 5 | 4 | 4 | 2 | 3 | 3 | 3 | ||
| Accumulated other comprehensive income | 2 | 2 | 2 | 2 | 1 | 1 | 1 | ||
| Retained earnings | 303 | 305 | 277 | 250 | 231 | 205 | 194 | ||
| Other undisclosed stockholders' equity attributable to parent | 2 | 2 | 2 | 2 | 2 | 2 | (58) | ||
| Total stockholders' equity: | 244 | 245 | 216 | 193 | 176 | 150 | 142 | ||
| TOTAL LIABILITIES AND EQUITY: | 464 | 386 | 365 | 330 | 314 | 274 | 266 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 618 | 728 | 768 | 686 | 670 | 635 | 601 | |
| Revenue, net | ✕ | ✕ | ✕ | 686 | 670 | 635 | 601 | |
| Cost of revenue (Cost of Goods and Services Sold) | (405) | (477) | (514) | (464) | (447) | (431) | (412) | |
| Gross profit: | 213 | 251 | 255 | 221 | 223 | 204 | 189 | |
| Operating expenses | (184) | (196) | (205) | (170) | (167) | (170) | (180) | |
| Other undisclosed operating income | 9 | |||||||
| Operating income: | 29 | 54 | 49 | 51 | 57 | 33 | 17 | |
| Nonoperating income (expense) | 2 | 2 | 2 | 2 | 1 | (0) | 0 | |
| Investment income, nonoperating | 1 | 2 | 2 | 2 | 1 | 0 | 0 | |
| Other nonoperating income (expense) | 0 | 0 | 0 | 0 | 1 | (0) | 0 | |
| Interest and debt expense | (0) | (0) | (0) | (0) | (0) | (0) | (0) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 0 | 0 | (1) | (0) | ||||
| Income from continuing operations before income taxes: | 32 | 56 | 52 | 52 | 58 | 33 | 18 | |
| Income tax expense | (8) | (15) | (12) | (18) | (21) | (12) | (7) | |
| Income from continuing operations: | 23 | 41 | 39 | 34 | 38 | 21 | 11 | |
| Income from discontinued operations | 9 | |||||||
| Net income available to common stockholders, diluted: | 23 | 41 | 39 | 34 | 38 | 21 | 20 | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 23 | 41 | 39 | 34 | 38 | 21 | 20 | |
| Other comprehensive income (loss) | 0 | 0 | 0 | 0 | (0) | 0 | (5) | |
| Comprehensive income, net of tax, attributable to parent: | 23 | 41 | 39 | 35 | 37 | 21 | 16 | |
Statements sources
The financial statements are based on the company's filings with the 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.