Income Statement

1 Year	11%
3 Years	-4%
5 Years	-2%

78.6M

Gross Proft

1 Year	-6%
3 Years	-18%
5 Years	-13%

-81.3M

Operating Income

1 Year	-32%
3 Years	-67%
5 Years	-45%

-53M

Net Income

1 Year	17%
3 Years	31%
5 Years	N/A

Currency: USD

	Dec-2021	Sep-2021	Jun-2021	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020	Dec-2019	Sep-2019	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017	Mar-2017	Dec-2016	Sep-2016	Jun-2016	Mar-2016	Dec-2015	Sep-2015	Jun-2015
Revenue
Revenue	650 +3%	629 +2%	618 +4%	595 +2%	585 +0%	582 -2%	591 -5%	623 0%	626 -2%	639 -6%	682 -3%	706 -3%	728 +79%	408 -20%	507 -16%	603 -14%	704 +7%	660 -1%	665 -4%	691 -3%	710 -41%	1 202 -1%	1 211 0%	1 214 +2%	1 189 +0%	1 184 0%	1 189 N/A

Gross Profit
Cost of Revenue	(571)	(563)	(536)	(515)	(501)	(491)	(516)	(537)	(541)	(544)	(554)	(570)	(585)	(274)	(387)	(470)	(553)	(553)	(520)	(538)	(555)	(994)	(1 008)	(1 010)	(993)	(962)	(977)
Gross Profit	79 +18%	66 -18%	81 +1%	80 -4%	84 -8%	91 +21%	75 -13%	87 +1%	85 -10%	95 -26%	129 -6%	136 -5%	143 +7%	133 +11%	120 -10%	133 -12%	151 +42%	106 -26%	145 -5%	153 -2%	156 -25%	207 +2%	203 -1%	204 +4%	196 -12%	223 +5%	212 N/A

Operating Income
Operating Expenses	(160)	(159)	(155)	(146)	(145)	(141)	(143)	(145)	(144)	(149)	(150)	(160)	(161)	(114)	(123)	(130)	(164)	(164)	(169)	(173)	(168)	(216)	(216)	(217)	(210)	(191)	(181)
Selling, General & Administrative	(160)	(159)	(155)	(146)	(145)	(141)	(143)	(142)	(144)	(152)	(153)	(163)	(161)	(127)	(135)	(142)	(164)	(164)	(169)	(173)	(168)	(216)	(216)	(217)	(210)	(191)	(181)
Other Operating Expenses	0	0	0	0	0	0	0	(3)	0	3	3	3	0	13	13	13	0	0	0	0	0	0	0	0	0	0	0
Operating Income	(81) +12%	(93) -25%	(74) -12%	(66) -7%	(62) -23%	(50) +27%	(68) -16%	(59) -1%	(58) -8%	(54) -154%	(21) +12%	(24) -39%	(17) N/A	19 N/A	(3) N/A	4 N/A	(13) +78%	(58) -140%	(24) -19%	(20) -62%	(13) -44%	(9) +35%	(13) -6%	(13) +11%	(14) N/A	32 +3%	31 N/A

Pre-Tax Income
Interest Income Expense	(12)	(12)	(12)	(10)	(8)	(6)	(4)	(4)	(4)	(5)	(5)	(5)	(5)	(4)	(4)	(3)	(3)	(2)	(2)	(2)	(2)	(1)	(1)	0	0	0	0
Non-Reccuring Items	41	41	41	46	0	0	0	0	(3)	(3)	(3)	0	0	(3)	(16)	(16)	0	(13)	0	0	0	0	0	0	0	(10)	(11)
Total Other Income	(1)	9	8	7	5	2	(0)	(1)	(2)	(2)	(2)	(3)	(3)	(6)	(5)	(5)	(4)	(5)	(5)	(7)	(7)	(4)	(6)	(4)	(4)	(3)	(2)
Pre-Tax Income	(54) +2%	(55) -48%	(37) -51%	(25) +62%	(64) -18%	(55) +25%	(73) -14%	(64) +5%	(67) -6%	(63) -105%	(31) +2%	(32) -25%	(25) N/A	7 N/A	(27) -36%	(20) -3%	(19) +75%	(78) -148%	(31) -8%	(29) -38%	(21) -54%	(14) +30%	(20) -19%	(16) +7%	(18) N/A	19 +3%	18 N/A

Net Income
Tax Provision	1	0	1	1	1	(5)	(4)	(2)	(2)	7	8	6	6	(6)	5	1	3	26	8	7	5	4	9	8	7	(7)	(8)
Income from Continuing Operations	(53)	(54)	(36)	(23)	(64)	(59)	(77)	(66)	(69)	(56)	(23)	(25)	(19)	1	(21)	(19)	(16)	(51)	(23)	(22)	(16)	(9)	(11)	(9)	(10)	12	10
Net Income (Common)	(53) +3%	(54) -49%	(36) -57%	(23) +64%	(64) -13%	(56) +26%	(76) -38%	(55) +6%	(59) +71%	(204) -24%	(165) +2%	(169) -4%	(163) -1 183%	(13) +68%	(39) +11%	(44) -6%	(42) -53%	(27) N/A	1 -73%	2 -76%	9 N/A	(11) +4%	(11) -16%	(10) N/A	30 -29%	42 +97%	21 N/A

Balance Sheet

517M

Assets

1 Year	5%
3 Years	-10%
5 Years	-11%

318M

Liabilities

1 Year	17%
3 Years	0%
5 Years	2%

199M

Equity

1 Year	-11%
3 Years	-20%
5 Years	-20%

Currency: USD

	Dec-2021	Sep-2021	Jun-2021	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020	Dec-2019	Sep-2019	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017	Mar-2017	Dec-2016	Sep-2016	Jun-2016	Mar-2016	Dec-2015	Sep-2015	Jun-2015	Dec-2014
Assets
Cash & Cash Equivalents	10	15	15	17	14	22	34	32	27	67	45	75	174	39	29	29	40	44	39	33	31	32	102	0	0	0	0	0
Cash	10	15	15	0	14	22	34	32	27	67	45	75	174	39	29	29	40	44	39	33	31	32	102	0	0	0	0	0
Cash Equivalents	0	0	0	17	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 Receivables	53	48	59	58	43	44	46	41	37	44	67	62	40	117	100	88	56	89	99	99	78	90	112	101	72	89	97	82
Accounts Receivables	49	43	50	49	34	39	41	36	29	39	61	57	33	111	93	82	48	81	90	89	71	81	102	98	67	86	93	78
Other Receivables	4	4	9	8	9	5	5	5	8	5	6	5	7	6	6	6	8	9	9	10	8	10	10	3	5	3	4	4
Inventory	146	129	124	125	123	130	122	119	112	112	136	145	140	267	246	236	117	265	281	287	272	250	244	240	253	235	240	224
Other Current Assets	16	20	15	13	31	33	12	12	10	10	16	17	18	23	25	34	177	22	25	20	24	28	28	30	32	42	40	40
Total Current Assets	225	211	212	212	210	229	214	204	186	232	263	298	371	445	399	387	390	419	444	439	405	400	485	371	357	365	377	346
PP&E Net	249	253	257	252	255	251	272	275	283	288	299	302	296	399	406	416	311	421	442	441	445	440	442	433	435	428	429	423
PP&E Gross	249	253	257	252	255	251	272	275	283	288	299	302	296	399	406	416	311	421	442	441	445	0	0	0	0	0	0	423
Accumulated Depreciation	343	334	328	344	337	334	333	323	318	338	335	328	319	425	416	411	296	392	360	349	337	0	0	0	0	0	0	286
Intangible Assets	12	14	16	17	19	21	22	24	25	27	29	30	32	55	57	59	39	62	76	43	43	43	43	43	43	42	42	41
Note Receivable	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	1	0
Other Long-Term Assets	31	16	14	11	9	8	7	8	8	8	9	9	9	11	11	12	151	13	12	12	12	8	17	35	37	34	33	15
Total Assets	517 +5%	494 -1%	499 +1%	493 0%	494 -3%	509 -1%	516 +1%	511 +2%	502 -10%	555 -7%	600 -6%	639 -10%	708 -22%	911 +4%	874 +0%	873 -2%	890 -3%	915 -6%	974 +4%	935 +3%	904 +1%	891 -10%	986 +12%	882 +1%	871 +0%	870 -1%	882 +7%	825 N/A

Liabilities
Accounts Payable	86	89	83	82	79	78	84	72	71	72	79	79	100	128	128	115	94	122	135	113	123	120	129	115	118	0	0	114
Accrued Liabilities	46	42	38	31	18	35	31	28	17	33	32	30	25	42	36	34	14	35	34	35	23	26	23	10	25	0	0	11
Short-Term Debt	5	6	6	8	6	6	4	0	0	0	0	0	25	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Portion of Long-Term Debt	106	67	4	4	3	2	1	0	0	4	4	4	4	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	18	0	0	0	17	0	0	0	17	1	1	1	44	1	1	0	17	20	21	21	20	1	1	22
Total Current Liabilities	243	205	131	125	122	121	120	100	105	109	115	113	171	171	165	150	151	157	169	148	163	166	173	145	162	171	173	147
Long-Term Debt	1	1	50	41	71	62	63	73	43	68	69	70	71	95	70	91	85	96	91	73	21	10	100	0	10	10	10	10
Deferred Income Tax	1	2	2	2	2	2	3	3	2	2	3	2	2	7	5	4	2	6	16	14	8	3	0	1	2	0	0	26
Other Liabilities	73	84	85	76	75	78	79	80	84	70	74	77	74	81	83	85	102	86	85	87	88	88	117	72	72	74	72	67
Total Liabilities	318 +9%	291 +9%	267 +10%	243 -10%	271 +3%	264 0%	264 +4%	255 +9%	234 -6%	249 -4%	260 -1%	262 -17%	317 -10%	354 +10%	322 -2%	330 -3%	340 -2%	346 -4%	362 +12%	322 +15%	281 +5%	267 -32%	390 +78%	219 -11%	247 -3%	254 +0%	254 +2%	250 N/A

Equity
Common 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	0	0
Retained Earnings	356	330	301	281	308	276	264	258	245	220	188	203	186	15	23	34	32	11	8	2	10	14	6	0	0	0	0	0
Additional Paid In Capital	678	678	678	677	677	677	677	677	677	678	678	678	679	677	675	674	674	676	674	673	673	670	651	0	0	0	0	0
Unrealized Security Profit/Loss	0	0	0	1	1	1	0	1	1	0	0	0	1	0	1	0	1	1	0	0	1	0	0	1	2	3	1	2
Treasury Stock	85	86	86	86	87	87	88	88	89	89	89	39	40	40	40	40	40	40	14	5	0	0	0	0	0	0	0	0
Other Equity	38	58	58	59	58	68	73	75	74	63	61	59	62	65	61	57	52	55	55	58	60	59	60	663	622	612	626	574
Total Equity	199 -2%	203 -13%	233 -7%	250 +12%	223 -9%	245 -3%	252 -2%	256 -5%	268 -12%	307 -10%	340 -10%	378 -3%	391 -30%	557 +1%	552 +2%	543 -1%	550 -3%	569 -7%	612 0%	613 -2%	624 0%	625 +5%	596 -10%	663 +6%	624 +1%	615 -2%	628 +9%	575 N/A

Total Liabilities & Equity	517 +5%	494 -1%	499 +1%	493 0%	494 -3%	509 -1%	516 +1%	511 +2%	502 -10%	555 -7%	600 -6%	639 -10%	708 -22%	911 +4%	874 +0%	873 -2%	890 -3%	915 -6%	974 +4%	935 +3%	904 +1%	891 -10%	986 +12%	882 +1%	871 +0%	870 -1%	882 +7%	825 N/A

Shares Outstanding
Common Shares Outstanding	21.8M	21.7M	21.7M	21.7M	21.6M	21.6M	21.6M	21.6M	21.5M	21.5M	21.5M	25.9M	25.8M	25.8M	25.8M	25.7M	25.7M	25.7M	27.4M	27.8M	27.9M	27.8M	27.7M	27.7M	27.9M	27.7M	27.7M	27.7M

Cash Flow Statement

-70.3M

Operating Cash Flow

1 Year	-149%
3 Years	N/A
5 Years	N/A

-20.6M

Capital Expenditures

1 Year	10%
3 Years	16%
5 Years	11%

-90.9M

Free Cash Flow

1 Year	-78%
3 Years	N/A
5 Years	N/A

Currency: USD

	Dec-2021	Sep-2021	Jun-2021	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020	Dec-2019	Sep-2019	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017	Mar-2017	Dec-2016	Sep-2016	Jun-2016	Mar-2016	Dec-2015	Sep-2015	Jun-2015	Mar-2015
Operating Cash Flow
Net Income	(53)	(54)	(36)	(23)	(64)	(56)	(76)	(55)	(59)	(204)	(165)	(169)	(163)	(13)	(39)	(44)	(42)	(27)	1	2	9	(11)	(11)	(10)	30	42	21	8
Depreciation & Amortization	43	49	50	47	48	48	49	50	51	48	49	53	55	61	83	81	79	72	49	47	47	44	42	40	38	38	46	62
Change in Deffered Taxes	(1)	(1)	(2)	(2)	(2)	4	1	1	1	(3)	2	2	2	4	(9)	(7)	(3)	(8)	5	(1)	(5)	(14)	(16)	(12)	(56)	(47)	(46)	(15)
Other Non-Cash Items	(41)	(48)	(45)	(45)	4	3	9	11	11	169	163	164	166	10	23	22	23	30	20	23	18	6	0	(4)	(4)	9	22	29
Cash Taxes Paid	1	0	(0)	(0)	0	0	0	1	1	1	1	1	(1)	(1)	(2)	(5)	(3)	(3)	5	8	8	8	1	0	0	0	0	0
Cash Interest Paid	9	10	10	9	6	4	3	3	3	4	4	4	3	3	3	3	3	2	2	2	2	1	1	0	0	0	0	0
Change in Working Capital	(18)	2	(20)	(16)	(15)	(18)	37	33	(10)	33	(45)	(46)	2	(28)	20	41	6	(22)	(35)	(21)	(15)	39	47	43	44	10	6	(106)
Cash from Operating Activities	(70) -34%	(53) +1%	(53) -36%	(39) -38%	(28) -38%	(21) N/A	21 -48%	40 N/A	(6) N/A	43 +946%	4 +11%	4 -94%	63 +81%	35 -56%	78 -15%	92 +46%	63 +40%	45 +14%	40 -21%	50 -7%	54 -17%	65 +5%	62 +7%	58 +10%	53 +1%	52 +7%	49 N/A	(22) N/A

Investing Cash Flow
Capital Expenditures	(21)	(24)	(23)	(22)	(23)	(21)	(24)	(28)	(29)	(34)	(33)	(34)	(35)	(36)	(39)	(42)	(45)	(43)	(42)	(42)	(38)	(56)	(57)	(59)	(62)	(62)	(72)	(94)
Other Items	65	67	67	67	2	2	0	0	(1)	94	96	96	96	0	0	(36)	(36)	(36)	(36)	1	1	4	4	4	3	3	3	5
Cash from Investing Activities	45 +3%	43 -2%	44 -1%	45 N/A	(21) -7%	(20) +21%	(25) +12%	(28) +4%	(29) N/A	60 -4%	62 +0%	62 +2%	61 N/A	(35) +9%	(39) +50%	(78) +3%	(81) -2%	(79) -1%	(78) -87%	(42) -14%	(37) +30%	(52) +2%	(53) +4%	(55) +5%	(58) +1%	(59) +14%	(69) +23%	(89) N/A

Financing Cash Flow
Net Issuance of Common Stock	0	0	0	0	0	(0)	(0)	0	(51)	(51)	(51)	1	(0)	(0)	(26)	(36)	(39)	(39)	(13)	(4)	0	0	0	0	0	0	0	0
Net Issuance of Debt	26	2	(11)	(14)	43	4	1	(2)	(58)	(22)	4	(16)	15	(1)	(21)	18	65	85	(10)	72	10	0	90	(10)	0	0	0	1
Cash Paid for Dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(50)	(50)	(50)	0	0	0	0	0
Other	(4)	(1)	(1)	(8)	(8)	(8)	(8)	(1)	(2)	(2)	(2)	(2)	(1)	(1)	(2)	(2)	(2)	(2)	0	7	54	69	52	7	5	9	27	88
Cash from Financing Activities	22 +1 554%	1 N/A	(12) +47%	(22) N/A	35 N/A	(5) +33%	(7) +87%	(55) +51%	(111) -49%	(75) -54%	(48) -183%	(17) N/A	13 N/A	(2) +96%	(50) -148%	(20) N/A	24 -45%	45 N/A	(23) N/A	25 +75%	15 -26%	20 -79%	93 N/A	(3) N/A	6 -39%	9 -66%	27 -69%	88 N/A

Change in Cash
Effect of Foreign Exchange Rates	0	1	1	1	1	1	(1)	(1)	(0)	(1)	(1)	(2)	(2)	(1)	0	2	2	1	(1)	(0)	(1)	0	0	(0)	(0)	0	0	(0)
Net Change in Cash	(4) +45%	(7) +63%	(20) -28%	(15) -13%	(13) +70%	(44) -289%	(11) +74%	(44) +70%	(147) N/A	27 +60%	17 -64%	47 -65%	135 N/A	(4) +61%	(11) -145%	(4) N/A	8 -26%	11 N/A	(62) N/A	33 +9%	31 -5%	32 -68%	102 N/A	(0) N/A	(0) N/A	2 -66%	7 N/A	(23) N/A

Free Cash Flow
Free Cash Flow	(91) -19%	(76) 0%	(76) -24%	(61) -20%	(51) -22%	(42) -1 126%	(3) N/A	12 N/A	(35) N/A	9 N/A	(29) +2%	(30) N/A	27 N/A	(1) N/A	38 -23%	50 +174%	18 +805%	2 N/A	(3) N/A	8 -52%	16 +84%	9 +78%	5 N/A	(1) +91%	(9) +7%	(10) +58%	(23) +80%	(116) N/A

Price	141.66 USD
Intrinsic Value	126.3 USD

Price	2 359.5 USD
Intrinsic Value	2 352.93 USD

Price	170.16 USD
Intrinsic Value	239.63 USD

Price	267.7 USD
Intrinsic Value	222.85 USD

Price	190.85 USD
Intrinsic Value	208.32 USD

Armstrong Flooring Inc (NYSE:AFI)

Income Statement

Balance Sheet

Cash Flow Statement

See Also

Company

Help

Tools

Stocks