Insteel Industries, Inc. (IIIN) financial statements (2022 and earlier)

Company profile

Business Address 1373 BOGGS DR
MOUNT AIRY, NC 27030
State of Incorp. NC
Fiscal Year End September 30
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)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments63,02089,88468,68838,18143,94132,10558,873
Cash and cash equivalents63,02089,88468,68838,18143,94132,10558,873
Receivables73,56267,91753,81744,18251,48440,28447,389
Inventory, net of allowances, customer advances and progress billings81,55879,04968,96370,85194,15781,85371,186
Inventory81,55879,04968,96370,85194,15781,85371,186
Other current assets8,66410,0565,5707,3705,8955,9493,039
Total current assets:226,804246,906197,038160,584195,477160,191180,487
Noncurrent Assets
Property, plant and equipment103,442105,624101,392104,960106,14898,67088,193
Intangible assets, net (including goodwill)17,20517,41318,31216,90317,99614,87816,028
Goodwill9,7459,7459,7458,2938,2936,9656,965
Intangible assets, net (excluding goodwill)7,4607,6688,5678,6109,7037,9139,063
Other noncurrent assets21,32820,76721,16010,5629,9139,3348,184
Other undisclosed noncurrent assets      (275)
Total noncurrent assets:141,975143,804140,864132,425134,057122,882112,130
Other undisclosed assets      275
TOTAL ASSETS:368,779390,710337,902293,009329,534283,073292,892
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities62,57468,84953,67828,41371,98842,31853,783
Accounts payable35,36949,44338,96121,59560,05933,65142,759
Accrued liabilities27,20519,40614,7176,81811,9298,66711,024
Total current liabilities:62,57468,84953,67828,41371,98842,31853,783
Noncurrent Liabilities
Liabilities, other than long-term debt20,18519,82319,42118,57915,88117,37914,543
Other liabilities20,18519,82319,42118,57915,88117,37914,543
Total noncurrent liabilities:20,18519,82319,42118,57915,88117,37914,543
Total liabilities:82,75988,67273,09946,99287,86959,69768,326
Stockholders' equity
Stockholders' equity attributable to parent286,020302,038264,803246,017241,665223,376224,566
Common stock19,41419,40819,30419,26119,22319,04118,976
Additional paid in capital78,94578,68876,38774,63272,85269,81767,817
Accumulated other comprehensive loss(2,442)(2,442)(1,956)(2,248)(1,494)(1,333)(1,541)
Retained earnings190,103206,384171,068154,372151,084135,851139,314
Total stockholders' equity:286,020302,038264,803246,017241,665223,376224,566
TOTAL LIABILITIES AND EQUITY:368,779390,710337,902293,009329,534283,073292,892

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

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues649,455590,601472,618455,713453,217388,871418,547
Revenue, net388,871418,547
Cost of revenue
(Cost of Goods and Services Sold)
(505,394)(469,053)(416,831)(425,652)(382,410)(329,090)(333,359)
Gross profit:144,061121,54855,78730,06170,80759,78185,188
Operating expenses(38,374)(35,256)(33,238)(24,504)(28,304)(25,672)(28,723)
Operating income:105,68786,29222,5495,55742,50334,10956,465
Nonoperating income (expense)(66)(93)1,7272,066241195(17)
Investment income, nonoperating3021473293515248166
Other nonoperating income (expense)(96)(114)1,2541,773(274)(53)(183)
Interest and debt expense(93)(96)(106)(168)(114)(136)(158)
Income from continuing operations before income taxes:105,52886,10324,1707,45542,63034,16856,290
Income tax expense(23,932)(19,493)(5,161)(1,857)(6,364)(11,620)(19,045)
Net income available to common stockholders, diluted:81,59666,61019,0095,59836,26622,54837,245

Comprehensive Income ($ in thousands)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income:81,59666,61019,0095,59836,26622,54837,245
Other comprehensive income (loss) 154(93)239(44)(127)605
Other undisclosed comprehensive income154      
Comprehensive income:81,75066,76418,9165,83736,22222,42137,850
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(640)(640)385(993)183335 
Comprehensive income, net of tax, attributable to parent:81,11066,12419,3014,84436,40522,75637,850

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: