LSI Industries Inc. (LYTS) Financial Statements (2023 and Earlier)

Company Profile

Business Address 10000 ALLIANCE RD
CINCINNATI, OH 45242
State of Incorp. OH
Fiscal Year End June 30
Industry (SIC) 364 - Electric Lighting And Wiring Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9142,2823,5179663,1783,03933,835
Cash and cash equivalents9142,2823,5179663,1783,03933,835
Receivables70,36258,96040,61255,61052,39349,65546,975
Inventory, net of allowances, customer advances and progress billings71,95458,94138,75243,51250,99450,00844,141
Inventory71,95458,94138,75243,51250,99450,00844,141
Assets held-for-sale, not part of disposal group   7,512 1,463 
Other undisclosed current assets3,4134,8252,9773,3803,5162,9642,792
Total current assets:146,643125,00885,858110,980110,081107,129127,743
Noncurrent Assets
Operating lease, right-of-use asset10,18511,5798,663
Property, plant and equipment95,87795,23892,80731,97643,70347,35447,462
Intangible assets, net (including goodwill)114,748116,56140,33343,02065,94796,70716,094
Goodwill44,38843,78810,37310,37330,53858,53810,508
Intangible assets, net (excluding goodwill)70,36072,77329,96032,64735,40938,1695,586
Other noncurrent assets3,2793,12110,87415,1249,7865,4904,261
Other undisclosed noncurrent assets(67,263)(64,686)(66,272)    
Total noncurrent assets:156,826161,81386,40590,120119,436149,55167,817
TOTAL ASSETS:303,469286,821172,263201,100229,517256,680195,560
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities64,22070,89534,64939,87542,19945,42539,233
Accounts payable36,73732,97714,21618,66417,92719,35613,892
Accrued liabilities27,48337,91820,43321,21124,27226,06925,341
Debt3,571      
Total current liabilities:67,79170,89534,64939,87542,19945,42539,233
Noncurrent Liabilities
Long-term debt and lease obligation93,85280,58910,77639,54145,36049,698 
Long-term debt, excluding current maturities83,03068,178 39,54145,36049,698 
Finance lease, liability1,3861,5211,755
Operating lease, liability9,43610,8909,021
Liabilities, other than long-term debt2,9404,1671,1381,7472,7071,479807
Other liabilities2,9404,1671,1381,7472,7071,479807
Total noncurrent liabilities:96,79284,75611,91441,28848,06751,177807
Total liabilities:164,583155,65146,56381,16390,26696,60240,040
Stockholders' equity
Stockholders' equity attributable to parent, including:138,886131,170125,700119,937139,251160,078155,520
Common stock136,707132,526127,713125,729124,104120,259113,653
Treasury stock, value    (2,110)(2,457)(2,168)
Deferred compensation equity    (2,133)  
Accumulated other comprehensive income (loss)1449(93)16   
Retained earnings (accumulated deficit)2,165(1,405)(1,920)(5,808)15,12439,81941,867
Other undisclosed stockholders' equity attributable to parent    4,2662,4572,168
Total stockholders' equity:138,886131,170125,700119,937139,251160,078155,520
TOTAL LIABILITIES AND EQUITY:303,469286,821172,263201,100229,517256,680195,560

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues386,759315,612305,558328,852342,023331,392322,196
Revenue, net 331,392322,196
Cost of revenue
(Cost of Goods and Services Sold)
(295,812)(236,637)(230,944)(253,621)(252,789)(248,012)(238,525)
Other undisclosed gross profit7(1)(1,084)(1,518) (1,503) 
Gross profit:90,95478,97473,53073,71389,23481,87783,671
Operating expenses(78,936)(70,918)(68,783)(92,635)(107,750)(77,998)(69,715)
Other undisclosed operating income (loss)(10)(26)8,329(968)(3,136)(270) 
Operating income (loss):12,0088,03013,076(19,890)(21,652)3,60913,956
Nonoperating income (expense)(157)173(510)(100)399184
Investment income, nonoperating1719338399184
Other nonoperating income (expense)(174)154(513)(138)   
Interest and debt expense(929)(287)(873)(2,278)(1,719)(620)(36)
Income (loss) from continuing operations before income taxes:10,9227,91611,693(22,268)(23,332)3,08014,004
Income tax expense (benefit)(3,014)(2,048)(2,101)5,9293,791(80)(4,522)
Net income (loss) available to common stockholders, diluted:7,9085,8689,592(16,339)(19,541)3,0009,482

Comprehensive Income ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net income (loss):7,9085,8689,592(16,339)(19,541)3,0009,482
Comprehensive income (loss):7,9085,8689,592(16,339)(19,541)3,0009,482
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(40)142(109)16   
Comprehensive income (loss), net of tax, attributable to parent:7,8686,0109,483(16,323)(19,541)3,0009,482

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.

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: