Try Alerts Free   |   Login
Technology › Computer Peripheral Equipment, Nec

KTCC Price Correlated With Financials For Key Tronic

Free historical financial statements for Key Tronic Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 44 quarters since 2011. Compare with KTCC stock chart to see long term trends.

KTCC Stock Compared to Quarterly

KTCC Income Statement

Revenue, Net:126206000
Revenue Per Share:11.727
Cost of Goods & Services Sold:114446000
Gross Profit:11760000
Selling, General & Admin Expense:7151000
Research & Development Expense:2348000
Total Operating Expenses:9499000
Operating Income:2261000
Income Taxes:828000
Net Income:968000
Earnings Per Share, Basic:0.09
Shares Outstanding, Basic Avg:10762000

KTCC Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:3629000
Net Cash from Operations:6729000
Net Cash from Operations Per Share:0.6253
Net Cash from Financing Activities:-2767000
Property, Plant & Equipment Purchases:2737000
Net Cash from Investing Activities:-3977000
Net Change in Cash & Equivalents:-15000

KTCC Balance Sheet

Cash and Cash Equivalents:1707000
Inventories:155700000
Total Current Assets:340008000
Property, Plant & Equipment, Net:26012000
Total Assets:406923000
Accounts Payable:121393000
Current Portion of Long-Term Debt:null
Total Short-Term Liabilities:163667000
Total Liabilities:282045000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Morgan Stanley
1,949,894 sh
51,468 sh
3%
$8,599
-$2,127
Dimensional Fund Advisors LP
804,882 sh
7,737 sh
1%
$3,550
-$954
Tieton Capital Management, LLC
750,094 sh
-29,141 sh
-4%
$3,308
-$1,095
Vanguard Group Inc
439,951 sh
3,949 sh
1%
$1,940
-$523
Moors & Cabot, Inc.
187,050 sh
-23,300 sh
-11%
$825
-$363
Ancora Advisors, LLC
98,493 sh
 
$434
Mercer Global Advisors Inc /Adv
65,800 sh
 
$290
Blackrock Inc.
54,416 sh
434 sh
1%
$240
-$65
Geode Capital Management, LLC
52,699 sh
610 sh
1%
$232
-$62
Bridgeway Capital Management Inc
34,800 sh
 
$153
Bank Of New York Mellon Corp
33,071 sh
-7,205 sh
-18%
$146
-$81
Shufro Rose & Co LLC
17,454 sh
-1,981 sh
-10%
$77
-$33
Bank Of America Corp /De/
15,691 sh
15,691 sh
NEW
$69
$69
State Street Corp
13,504 sh
1,755 sh
15%
$60
-$6
James Investment Research Inc
8,684 sh
 
$38
UBS Group Ag
1,656 sh
-1,529 sh
-48%
$7
-$11
Tower Research Capital LLC (Trc)
1,146 sh
303 sh
36%
$5
$1
FMR LLC
746 sh
-254 sh
-25%
$3
-$3
Advisor Group Holdings, Inc.
500 sh
-165 sh
-25%
$2
-$2
Simplex Trading, LLC
24 sh
24 sh
NEW
$0
COMPANY PROFILE
Business

Key Tronic Corporation and subsidiaries (the Company) is engaged in contract manufacturing for original equipment manufacturers (OEMs) and also manufactures keyboards and other input devices. The Company’s headquarters are located in Spokane Valley, Washington with manufacturing operations in Oakdale, Minnesota; Fayetteville, Arkansas; Corinth, Mississippi; and foreign manufacturing operations in Juarez, Mexico; Shanghai, China; and Da Nang, Vietnam.

Due to the COVID-19 pandemic, the Company has seen extreme shifts in demand from its customer base, supply chain and logistics risks. The possibility of future temporary closures, as well as adverse fluctuations in customer demand, freight and expedite costs, precautionary safety expenses and labor shortages, collectability of accounts, and future supply chain disruptions during the rapidly changing COVID-19 environment can materially impact operating results. Additionally, continued adverse macroeconomic conditions and significant currency exchange fluctuations can also materially impact operating results.

Correction of an Immaterial Errors

The Company previously reported as of June 27, 2020 that its inventory balances included finished goods of $15.3 million and work in process of $17.4 million. Such amounts actually related to raw materials. The Company has revised its disclosure of inventory to reflect these costs as raw material costs. There was no change to the total inventory balance. Refer to corrected disclosure in Note 2.

The Company made an out-of-period tax adjustment in fiscal year 2021 in the amount of $0.4 million decreasing the deferred tax asset related to unexercised stock appreciation rights (SARs), to reflect the fact that certain of the unexercised SARs had expired over several different periods prior to fiscal year 2021.

The Company previously excluded the right of use asset amounts as reported as of June 27, 2020 in Note 12. Refer to corrected disclosures in Note 12.

Data imported from Key Tronic Corp SEC filings. Check original filings before making any investment decision.