Waterstone Financial, Inc. (WSBF)
Waterstone Financial, Inc. functions as a bank holding company, with its principal operations conducted through its subsidiary, WaterStone Bank SSB. It offers a broad spectrum of financial services to customers situated in southeastern Wisconsin, USA. The firm's activities are structured into two key segments: Community Banking and Mortgage Banking. The Community Banking division caters to both individual and commercial clients with a suite of banking solutions. This encompasses diverse deposit and transactional offerings, such as checking accounts, digital banking and bill payment facilities, funds transfer services, and various credit, debit, and prepaid card options. Furthermore, it provides savings and investment vehicles, including savings accounts, money market deposits, individual retirement accounts, and certificates of deposit. Its lending portfolio extends to residential mortgages, home equity loans and lines of credit, personal and installment credit, real estate financing, and commercial loans and lines of credit. Additionally, the segment offers fixed and variable annuities, insurance policies, and trust and investment management accounts. Its deposit types span interest-bearing and non-interest-bearing transaction accounts, demand accounts, and time deposits. Beyond this, loan products encompass secured and unsecured lines of credit, commercial real estate construction financing, term loans for operational capital and inventory, and personal term loans, complemented by various investment services. The Mortgage Banking division focuses on originating residential mortgage loans, predominantly for sale within the secondary market. The company also maintains an investment portfolio containing a mix of securities, such as mortgage-backed securities, bonds from government-sponsored and private enterprises, collateralized mortgage and municipal obligations, and other debt instruments. Its operational footprint includes 14 full-service banking offices, a single drive-through facility, and 14 automated teller machines, strategically placed across Milwaukee, Washington, and Waukesha Counties in Wisconsin. Founded in 1921 and headquartered in Wauwatosa, Wisconsin, the firm was formerly known as Wauwatosa Holdings, Inc., adopting its current name, Waterstone Financial, Inc., in August 2008.
Sector: Savings Institution, Federally Chartered
Industry: Banks - Regional
Waterstone Financial, Inc.
NASDAQ:WSBFFinancial Services · Banks - Regional
-0.60%$19.95
AH Close$19.95+0.00%vs close
AH Close$19.95+0.00%vs close
Mkt Cap$358.64M
Float17.2M
O/S17.98M
Inst Own54.3%
SI2.2%
Div Yield3.31%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$201.61M
Net Income$26.4M
Total Assets$2.26B
Free Cash Flow$17.86M
Debt & Equity
Debt 54%
Equity 46%
Total Debt$412.26M
Total Equity$349.39M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WSBF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.26B
Liabilities$1.91B
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$18.86M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2005-06-30 | 2004-06-30 | 2003-06-30 | 2002-06-30 | 2001-06-30 |
| Revenue | $201.61M | $199.38M | $176.97M | $171.06M | $268.47M | $317.86M | $207.2M | $188.53M | $188.45M | $187.23M | $166.44M | $148.2M | $150.66M | $161.05M | $122.58M | $128.93M | $111.81M | $112.37M | $103.82M | $97.43M | $88.62M | $40.56M | $36.33M | $38.03M | $44.89M | $51.69M |
| YoY Growth | 1.1% | 12.7% | 3.5% | -36.3% | -15.5% | 53.4% | 9.9% | 0.0% | 0.7% | 12.5% | 12.3% | -1.6% | -6.4% | 31.4% | -4.9% | 15.3% | -0.5% | 8.2% | 6.6% | 9.9% | 118.5% | 11.7% | -4.5% | -15.3% | -13.2% | - |
| Cost of Revenue | $57.98M | $66.83M | $49.65M | $14.26M | $10.38M | $31.32M | $26.64M | $18.46M | $15.2M | $20.67M | $25.08M | $23.48M | $28.19M | $36.2M | $54.91M | $66.1M | $81.26M | $100.66M | $73.83M | $55.98M | $88.62M | $37.31M | $33.29M | $35.04M | $42.75M | $50.01M |
| Gross Profit | $143.63M | $132.55M | $127.32M | $156.8M | $258.09M | $286.53M | $180.56M | $170.06M | $173.25M | $166.55M | $141.35M | $124.72M | $122.47M | $124.85M | $67.67M | $62.83M | $30.54M | $11.71M | $29.99M | $41.45M | $0 | $3.26M | $3.04M | $2.99M | $2.14M | $1.69M |
| Gross Margin | 71.2% | 66.5% | 71.9% | 91.7% | 96.1% | 90.1% | 87.1% | 90.2% | 91.9% | 89.0% | 84.9% | 84.2% | 81.3% | 77.5% | 55.2% | 48.7% | 27.3% | 10.4% | 28.9% | 42.5% | - | 8.0% | 8.4% | 7.9% | 4.8% | 3.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $5.71M | $84.63M | $87.88M | $103.54M | $138.64M | $142.74M | $106.96M | $103.52M | $101.98M | $99.26M | $87.17M | $75.21M | $75.44M | $70.82M | $45.51M | $42.84M | $20.32M | $20.3M | $16.64M | $17.58M | $36.5M | $11.43M | $10.76M | $0 | $0 | $0 |
| Other | $104.47M | $23.91M | $28.41M | $28.78M | $27.34M | $35.68M | $26.02M | $26.27M | $26.84M | $25.3M | $28.36M | $29.61M | $23.71M | $31.32M | $29.07M | $21.79M | $21.67M | $15.55M | $12.04M | $11.12M | -$18.25M | -$24.81M | -$23.18M | -$13.85M | -$13.51M | -$6.38M |
| Total Operating Expenses | $110.18M | $108.55M | $116.28M | $132.32M | $165.98M | $178.41M | $132.99M | $129.78M | $128.82M | $124.56M | $115.53M | $104.82M | $99.14M | $102.14M | $74.58M | $64.63M | $41.99M | $35.86M | $28.68M | $28.7M | $18.25M | -$13.38M | -$12.41M | -$13.85M | -$13.51M | -$6.38M |
| Operating Income (EBIT) | $33.45M | $24M | $11.03M | $24.48M | $92.11M | $108.12M | $47.57M | $40.28M | $44.43M | $41.99M | $25.82M | $19.91M | $23.33M | $22.71M | -$6.91M | -$1.8M | -$11.44M | -$24.15M | $1.3M | $12.75M | $8.37M | $16.64M | $15.45M | $16.85M | $15.65M | $8.07M |
| Operating Margin | 16.6% | 12.0% | 6.2% | 14.3% | 34.3% | 34.0% | 23.0% | 21.4% | 23.6% | 22.4% | 15.5% | 13.4% | 15.5% | 14.1% | -5.6% | -1.4% | -10.2% | -21.5% | 1.3% | 13.1% | 9.4% | 41.0% | 42.5% | 44.3% | 34.9% | 15.6% |
| Interest Expense | $59.37M | $67M | $48.99M | $13.29M | $14.37M | $24.98M | $27.54M | $19.52M | $16.36M | $20.29M | $23.12M | $22.33M | $23.66M | $27.9M | $32.84M | $40.27M | $54.58M | $63.03M | $62.13M | $53.78M | $4.92M | $36.07M | $32.43M | $34.52M | $41.41M | $49.13M |
| Interest Income | $116.11M | $113.17M | $99.21M | $70.25M | $69.88M | $78.48M | $79.74M | $73.7M | $67.09M | $63.74M | $61.96M | $63.63M | $62.86M | $69.85M | $79.35M | $89.93M | $98.49M | $104.08M | $96.97M | $92.23M | $0 | $74.21M | $66.09M | $66.45M | $98.84M | $68.03M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $33.45M | $24M | $11.03M | $24.48M | $92.11M | $108.12M | $47.57M | $40.28M | $44.43M | $41.99M | $25.82M | $19.91M | $23.33M | $22.71M | -$6.91M | -$1.8M | -$11.44M | -$24.15M | $1.3M | $12.75M | $8.37M | $16.64M | $15.45M | $16.85M | $15.65M | $8.07M |
| Income Tax Expense | $7.04M | $5.31M | $1.66M | $4.99M | $21.32M | $26.97M | $11.67M | $9.53M | $18.47M | $16.46M | $9.25M | $7.17M | $8.62M | -$12.2M | $562K | $52K | -$1.31M | $2.3M | -$254K | $4.7M | $2.94M | $7.52M | $4.86M | $5.74M | $4.82M | $2.74M |
| Net Income | $26.4M | $18.69M | $9.38M | $19.49M | $70.79M | $81.14M | $35.9M | $30.75M | $25.96M | $25.53M | $16.57M | $12.73M | $14.71M | $34.91M | -$7.47M | -$1.85M | -$10.14M | -$26.45M | $1.56M | $8.05M | $5.43M | $9.12M | $10.58M | $11.11M | $10.84M | $5.33M |
| Net Income Margin | 13.1% | 9.4% | 5.3% | 11.4% | 26.4% | 25.5% | 17.3% | 16.3% | 13.8% | 13.6% | 10.0% | 8.6% | 9.8% | 21.7% | -6.1% | -1.4% | -9.1% | -23.5% | 1.5% | 8.3% | 6.1% | 22.5% | 29.1% | 29.2% | 24.1% | 10.3% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 1.48 | 1.01 | 0.47 | 0.89 | 2.98 | 3.32 | 1.38 | 1.12 | 0.95 | 0.94 | 0.57 | 0.38 | 0.43 | 1.02 | -0.22 | -0.05 | -0.26 | -0.79 | 0.05 | 0.22 | 0.15 | 0.25 | 0.29 | 0.30 | 0.29 | 0.14 |
| Diluted EPS | 1.48 | 1.01 | 0.46 | 0.89 | 2.96 | 3.30 | 1.37 | 1.11 | 0.93 | 0.93 | 0.56 | 0.38 | 0.43 | 1.02 | -0.22 | -0.05 | -0.26 | -0.79 | 0.05 | 0.22 | 0.15 | 0.25 | 0.29 | 0.30 | 0.29 | 0.14 |
| Weighted Average OS | 17.84M | 18.56M | 20.16M | 21.88M | 23.74M | 24.46M | 26.02M | 27.36M | 27.47M | 27.04M | 29.16M | 33.41M | 34.19M | 34.08M | 33.94M | 33.80M | 33.66M | 33.53M | 34.64M | 36.30M | 36.36M | 37.01M | 37.01M | 37.01M | 37.01M | 37.01M |
| EBITDA | $35.99M | $26.48M | $14.33M | $28.51M | $98.16M | $113.72M | $52.27M | $45.01M | $46.59M | $45.21M | $29.42M | $23.64M | $27.17M | $25.18M | -$5.06M | $57K | -$9.47M | -$21.72M | $4.97M | $16.32M | $10.17M | $18.29M | $16.99M | $16.85M | $15.65M | $8.07M |
| EBITDA Margin | 17.9% | 13.3% | 8.1% | 16.7% | 36.6% | 35.8% | 25.2% | 23.9% | 24.7% | 24.1% | 17.7% | 15.9% | 18.0% | 15.6% | -4.1% | 0.0% | -8.5% | -19.3% | 4.8% | 16.8% | 11.5% | 45.1% | 46.8% | 44.3% | 34.9% | 15.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2005-06-30 | 2004-06-30 | 2003-06-30 | 2002-06-30 | 2001-06-30 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $63.85M | $35.46M | $30.67M | $35.96M | $362.74M | $75.92M | $61.6M | $61M | $31.57M | $20.39M | $80.17M | $151.55M | $429.08M | $42.89M | $72.34M | $65.91M | $61.49M | $14.85M | $6.05M | $54.35M | $8.76M | $20.47M | $19.39M | $28.77M | $38.95M | $36.06M |
| Short-Term Investments | $170.37M | $155.78M | $204.91M | $196.59M | $179.02M | $159.62M | $178.48M | $185.72M | $199.71M | $226.79M | $269.66M | $273.44M | $213.42M | $205.02M | $206.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $234.22M | $191.24M | $235.84M | $232.55M | $541.76M | $235.54M | $240.07M | $246.72M | $231.28M | $247.18M | $349.83M | $425M | $642.49M | $247.91M | $278.86M | $65.91M | $61.49M | $14.85M | $6.05M | $54.35M | $8.76M | $20.47M | $19.39M | $28.77M | $38.95M | $36.06M |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.15M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $234.22M | $191.24M | $235.84M | $292.33M | $586.9M | $293.09M | $271.29M | $269.19M | $251.36M | $272.13M | $373.59M | $448.14M | $674.88M | $275.1M | $287.21M | $77.34M | $78.34M | $29.76M | $6.05M | $54.35M | $8.76M | $27.91M | $26.75M | $28.77M | $38.95M | $36.06M |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $18.86M | $19.39M | $20M | $21.11M | $22.27M | $23.72M | $25.03M | $24.52M | $22.94M | $23.66M | $25.33M | $25.56M | $27.09M | $26.93M | $27.36M | $28.2M | $29.14M | $30.56M | $32.02M | $32.63M | $25.02M | $24.02M | $15.89M | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $732K | $1.81M | $3.44M | $1.55M | $5.98M | $0 | $109K | $888K | $2.26M | $1.42M | $2.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.86B | $1.85B | $1.81B | $1.62B | $1.5B | $1.76B | $1.6B | $1.51B | $1.43B | $1.39B | $1.27B | $1.2B | $1.17B | $1.24B | $1.28B | $1.58B | $1.64B | $1.74B | $1.59B | $1.49B | $1.43B | $1.3B | $1.16B | $90.45M | $41.73M | $924.33M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $142.82M | $147.24M | $145.09M | $91.18M | $102.38M | $103.48M | $104.27M | $114.15M | $104.46M | $107.73M | $98.55M | $108.32M | $79.63M | $122.8M | $123.12M | $124.22M | $116.15M | $87.71M | $80.03M | $73.07M | $52.35M | $36.65M | $34.3M | $0 | $0 | $18.22M |
| Total Long-Term Assets | $2.03B | $2.02B | $1.98B | $1.74B | $1.63B | $1.89B | $1.73B | $1.65B | $1.56B | $1.52B | $1.39B | $1.34B | $1.27B | $1.39B | $1.43B | $1.73B | $1.79B | $1.86B | $1.7B | $1.59B | $1.5B | $1.36B | $1.21B | $90.45M | $41.73M | $942.55M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $985.67M | $921.76M | $0 |
| Total Assets | $2.26B | $2.21B | $2.21B | $2.03B | $2.22B | $2.18B | $2B | $1.92B | $1.81B | $1.79B | $1.76B | $1.78B | $1.95B | $1.66B | $1.71B | $1.81B | $1.87B | $1.89B | $1.71B | $1.65B | $1.51B | $1.39B | $1.24B | $1.1B | $1B | $978.62M |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $222.26M | $296.52M | $309M | $185.7M | $7.13M | $38.07M | $13.56M | $5.05M | $46.28M | $157.16M | $91.2M | $84M | $105.2M | $129.89M | $138.28M | $22.96M | $73.9M | $4.1M | $53.48M | $41.22M | $87.21M | $35M | $25M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.45M | $0 | $0 | $13.97M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.44B | $1.36B | $1.19B | $1.2B | $1.23B | $1.18B | $1.07B | $1.04B | $967.38M | $949.41M | $893.36M | $863.96M | $1.24B | $939.51M | $1.05B | $1.15B | $1.16B | $1.2B | $994.53M | $1.04B | $1.05B | $1.13B | $1.04B | $0 | $0 | $863.21M |
| Total Current Liabilities | $1.66B | $1.66B | $1.5B | $1.39B | $1.24B | $1.22B | $1.08B | $1.04B | $1.01B | $1.11B | $984.56M | $947.96M | $1.35B | $1.07B | $1.19B | $1.17B | $1.24B | $1.2B | $1.05B | $1.08B | $1.13B | $1.17B | $1.06B | $0 | $0 | $863.21M |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $190M | $150M | $155M | $200M | $470M | $470M | $470M | $430M | $340M | $230M | $350M | $350M | $350M | $350M | $350M | $436.38M | $434.63M | $483.76M | $422M | $292.78M | $114M | $58.16M | $35M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $60.59M | $64.06M | $212.66M | $75.39M | $72.57M | $78.53M | $51.32M | $42.16M | $40.63M | $43.36M | $36.23M | $35.18M | $32.63M | $39.04M | $6.91M | $31.88M | $26.25M | $30.41M | $38.36M | $36.98M | $32.71M | $24.37M | $21.7M | $80.81M | $57.05M | $22.71M |
| Total Long-Term Liabilities | $250.59M | $214.06M | $367.65M | $275.39M | $542.57M | $548.52M | $521.32M | $472.16M | $380.63M | $273.36M | $386.24M | $385.18M | $382.63M | $389.04M | $356.91M | $468.26M | $460.88M | $514.17M | $460.36M | $329.76M | $146.71M | $85.95M | $56.7M | $0 | $0 | $22.71M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.91B | $1.87B | $1.87B | $1.66B | $1.78B | $1.77B | $1.6B | $1.52B | $1.39B | $1.38B | $1.37B | $1.33B | $1.73B | $1.46B | $1.55B | $1.64B | $1.7B | $1.71B | $1.51B | $1.41B | $1.28B | $1.25B | $1.12B | $0 | $0 | $885.91M |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $184K | $193K | $203K | $222K | $248K | $251K | $271K | $285K | $295K | $294K | $294K | $344K | $341K | $341K | $340K | $340K | $340K | $340K | $340K | $337K | $337K | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $292.96M | $277.2M | $269.61M | $274.25M | $273.4M | $245.29M | $197.39M | $187.15M | $183.36M | $184.56M | $168.09M | $157.3M | $151.19M | $136.49M | $101.57M | $109.05M | $110.9M | $119.92M | $146.37M | $144.81M | $136.76M | $134.04M | $124.93M | $0 | $0 | $0 |
| Comprehensive Income & Other | -$12.27M | -$18.79M | -$17.79M | -$19.48M | -$1.14M | $2.33M | $642K | -$2.36M | -$477K | -$378K | $582K | $1.25M | -$1.43M | $2.29M | $1.39M | $1.56M | -$2M | -$6.45M | -$5.93M | -$8.06M | -$9.26M | $0 | -$2.13M | $0 | $0 | $0 |
| Other Stockholders' Equity | $56.25M | $61.75M | $74.25M | $96.02M | $159.13M | $167.58M | $196.02M | $212.24M | $228.45M | $225.83M | $223.55M | $292.59M | $62.94M | $65.81M | $64.46M | $62.83M | $57.35M | $51.01M | $55.11M | $96.13M | $94.6M | -$627K | -$2.13M | $114.6M | $103.51M | $92.7M |
| Total Equity | $349.39M | $339.13M | $344.06M | $370.49M | $432.77M | $413.12M | $393.69M | $399.68M | $412.1M | $410.69M | $391.93M | $450.24M | $214.47M | $202.63M | $166.37M | $172.22M | $168.59M | $171.27M | $201.82M | $241.27M | $231.7M | $133.42M | $122.8M | $114.6M | $103.51M | $92.7M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.26B | $2.21B | $2.21B | $2.03B | $2.22B | $2.18B | $2B | $1.92B | $1.81B | $1.79B | $1.76B | $1.78B | $1.95B | $1.66B | $1.71B | $1.81B | $1.87B | $1.89B | $1.71B | $1.65B | $1.51B | $1.39B | $1.24B | $114.6M | $103.51M | $978.62M |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $412.26M | $446.52M | $466.05M | $386.78M | $477.13M | $508.07M | $483.56M | $435.05M | $386.29M | $387.15M | $441.2M | $434M | $455.2M | $479.89M | $488.28M | $459.34M | $508.53M | $487.86M | $475.48M | $334M | $201.21M | $96.58M | $60M | $0 | $0 | $0 |
| Net Debt | $348.41M | $411.06M | $435.39M | $350.82M | $114.39M | $432.15M | $421.97M | $374.05M | $354.71M | $366.77M | $361.03M | $282.45M | $26.12M | $437M | $415.94M | $393.43M | $447.04M | $473.01M | $469.43M | $279.65M | $192.45M | $76.11M | $40.61M | -$28.77M | -$38.95M | -$36.06M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2005-06-30 | 2004-06-30 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $26.4M | $18.69M | $9.38M | $19.49M | $70.79M | $81.14M | $35.9M | $30.75M | $25.96M | $25.53M | $16.57M | $12.73M | $14.71M | $34.91M | -$7.47M | -$1.85M | -$10.14M | -$26.45M | $1.56M | $8.05M | $5.43M | $9.12M | $10.58M |
| Depreciation & Amortization | $2.55M | $2.47M | $3.3M | $4.03M | $6.05M | $5.61M | $4.7M | $4.73M | $2.16M | $3.21M | $3.6M | $3.73M | $3.84M | $2.47M | $1.85M | $1.86M | $1.97M | $2.43M | $3.67M | $3.57M | $2.11M | $1.66M | $1.54M |
| Deferred Income Tax | $714K | $980K | -$1.07M | -$484K | $1.38M | -$2.62M | $639K | $535K | $3.08M | $1.56M | -$154K | $3.72M | $5.39M | -$16.89M | -$735K | -$9.62M | $479K | $7.56M | -$2.47M | -$1.28M | $0 | -$1.19M | -$133K |
| Stock-Based Compensation | $297K | $316K | $277K | $583K | $745K | $716K | $1.07M | $1.76M | $3.86M | $3.55M | $4.2M | $1.33M | $844K | $451K | $1.79M | $1.92M | $1.65M | $1.61M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$478K | -$432K | -$1.7M | -$1.71M | $944K | $387K | -$7K | -$413K | -$643K | -$173K | -$79K | -$678K | -$3.47M | $612K | $37K | $424K | -$2.94M | -$1.21M | $0 | $0 | $0 | -$230K | $87K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $218K | $727K | $1.25M | $399K | -$178K | -$422K | $164K | $509K | -$30K | -$726K | $42K | $5K | -$120K | -$372K | -$239K | -$1.01M | -$2.47M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $5.92M | -$2.02M | -$3.83M | $4.64M | -$8.93M | $1.48M | -$2.62M | -$2.48M | -$2.06M | $3.45M | $2.48M | -$2.87M | -$7.08M | $3.56M | $369K | $12.03M | $390K | -$6.26M | -$17.04M | $2.53M | $1.73M | $1.27M | $333K |
| Total Working Capital Change | $5.66M | -$1.72M | -$4.27M | $3.33M | -$8.16M | $1.44M | -$2.46M | -$2.38M | -$2.73M | $2.55M | $2.44M | -$3.54M | -$10.67M | $3.8M | $167K | $11.45M | -$5.01M | -$7.46M | -$17.04M | $2.53M | $1.73M | $1.04M | $420K |
| Other Non-Cash Items | -$16.6M | $27.33M | -$35.19M | $179.72M | $71.2M | -$179.88M | -$80.06M | $6.11M | $74.77M | -$60.47M | -$39.64M | -$20.17M | $38.17M | -$32.88M | $39.48M | -$26.5M | -$828K | $46.38M | $14.06M | -$2.75M | $516K | $2.44M | -$1.19M |
| Net Cash from Operating | $19.02M | $48.06M | -$27.58M | $206.66M | $142.01M | -$93.58M | -$40.22M | $41.5M | $107.1M | -$24.06M | -$12.99M | -$2.22M | $52.28M | -$8.14M | $35.09M | -$13.13M | -$11.88M | $24.07M | -$224K | $10.12M | $9.78M | $13.06M | $11.22M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$1.17M | -$1.1M | -$700K | -$701K | -$778K | -$1.23M | -$3.11M | -$3.96M | -$1.58M | -$1.08M | -$2.97M | -$1.95M | -$5.36M | -$1.67M | -$1.02M | -$925K | -$3.82M | -$1.28M | -$2.12M | -$8.61M | -$2.35M | -$5.83M | -$5.09M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$163K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.08M | $847K | $0 | $0 |
| Purchases of Investments | -$50.01M | -$35.39M | -$29.5M | -$90M | -$73.69M | -$29.5M | $0 | $0 | -$22.97M | -$14.5M | -$49.87M | -$102.85M | -$60.8M | -$134.93M | -$99.99M | -$101.66M | -$72.74M | -$47.43M | -$86.08M | -$38.84M | -$56.38M | -$194.39M | -$203.2M |
| Sales of Investments | $42.09M | $31.04M | $24.85M | $50.75M | $49.5M | $50.54M | $8.08M | $10.44M | $16.13M | $14.86M | $10.54M | $17.86M | $7.09M | $85.51M | $62.12M | $61.23M | $83.74M | $16.34M | $23.13M | $41.33M | $16.67M | $46.75M | $58.39M |
| Other Investing Activities | $5.51M | -$18.52M | -$153.87M | -$295.79M | $185.03M | $17.37M | -$6.12M | -$84.75M | -$86.47M | $0 | $26.16M | $11.68M | $83.14M | $142.62M | $100.35M | $127.25M | $62.32M | $0 | -$45.58M | -$69.02M | -$88.13M | $13.74M | $2.4M |
| Net Cash from Investing | -$3.58M | -$23.96M | -$159.22M | -$335.74M | $160.06M | $37.19M | -$1.15M | -$78.44M | -$94.88M | -$25.03M | -$16.13M | -$75.25M | $24.07M | $91.53M | $61.45M | $85.89M | $69.49M | -$231.24M | -$110.65M | -$76.24M | -$129.34M | -$139.73M | -$147.49M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | -$40M | $5M | $45M | $270M | - | - | -$40M | -$90M | -$26M | $120M | - | - | $24.69M | - | - | $50.94M | $232K | -$65.25M | -$177M | -$245M | -$70.05M | -$23.16M | -$136.89M |
| Common Stock Issuance | $2.4M | $0 | $0 | $0 | $2.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $98.73M | $0 | $0 |
| Common Stock Repurchases | -$16.21M | -$14.91M | -$26.03M | -$47.83M | -$10.18M | -$36.24M | -$22.77M | -$19.2M | -$2.19M | -$3.86M | -$72.75M | -$141.88M | $0 | $0 | $0 | $0 | $0 | $0 | -$45.26M | $0 | -$8.54M | $0 | $0 |
| Dividends Paid | -$10.77M | -$11.27M | -$15.36M | -$30.26M | -$30.39M | -$31.52M | -$25.96M | -$27.05M | -$26.95M | -$6.92M | -$5.87M | -$5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $74.74M | $169.96M | -$6.29M | -$32.57M | $49.09M | $120.11M | $29.78M | $71.91M | $19.18M | $60.66M | $28.18M | -$10.8M | $306.04M | -$111.05M | -$95.67M | -$17.61M | -$31.01M | $201.36M | -$41.27M | -$9.37M | -$82.65M | $94.58M | $0 |
| Net Cash from Financing | $15.91M | -$20.76M | $176.58M | -$201M | -$20.12M | $76.86M | $29.57M | $74.43M | -$10.83M | -$4.16M | -$43.23M | -$178.88M | $281.35M | -$92.3M | -$91.5M | -$68.55M | -$10.34M | $213.13M | $54.95M | $123.42M | $115.59M | $127.74M | $126.89M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $31.35M | $3.34M | -$10.22M | -$330.08M | $281.95M | $20.47M | -$11.8M | $37.49M | $1.39M | -$53.25M | -$72.35M | -$256.35M | $357.7M | -$8.91M | $5.05M | $4.21M | $47.27M | $5.96M | -$55.92M | $57.31M | $0 | $1.07M | -$9.38M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $19.02M | $48.06M | -$27.58M | $206.66M | $142.01M | -$93.58M | -$40.22M | $41.5M | $107.1M | -$24.06M | -$12.99M | -$2.22M | $52.28M | -$8.14M | $35.09M | -$13.13M | -$11.88M | $24.07M | -$224K | $10.12M | $9.78M | $13.06M | $11.22M |
| Capital Expenditure | -$1.17M | -$1.1M | -$700K | -$701K | -$778K | -$1.23M | -$3.11M | -$3.96M | -$1.58M | -$1.08M | -$2.97M | -$1.95M | -$5.36M | -$1.67M | -$1.02M | -$925K | -$3.82M | -$1.28M | -$2.12M | -$8.61M | -$2.35M | -$5.83M | -$5.09M |
| Free Cash Flow | $17.86M | $46.96M | -$28.28M | $205.96M | $141.23M | -$94.81M | -$43.33M | $37.54M | $105.52M | -$25.15M | -$15.96M | -$4.17M | $46.92M | -$9.81M | $34.07M | -$14.05M | -$15.7M | $22.78M | -$2.35M | $1.51M | $7.43M | $13.06M | $6.14M |
| Cash at Beginning | $39.76M | $36.42M | $46.64M | $376.72M | $94.77M | $74.3M | $86.1M | $48.61M | $47.22M | $100.47M | $172.82M | $429.17M | $71.47M | $80.38M | $75.33M | $71.12M | $23.85M | $17.88M | $73.81M | $16.5M | $0 | $19.39M | $28.77M |
| Cash at End | $71.11M | $39.76M | $36.42M | $46.64M | $376.72M | $94.77M | $74.3M | $86.1M | $48.61M | $47.22M | $100.47M | $172.82M | $429.17M | $71.47M | $80.38M | $75.33M | $71.12M | $23.85M | $17.88M | $73.81M | $0 | $20.47M | $19.39M |