Company profile

Jerald K. Dittmer
Incorporated in
Fiscal year end
Industry (SEC)
IRS number

FLXS stock data

FINRA relative short interest over last month (20 trading days) ?


31 Jan 20
30 Mar 20
30 Jun 20


Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 102.95M 100.35M 100.21M 111.54M
Net income -5.38M 9.55M -19.92M -15.55M
Diluted EPS -0.68 1.17 -2.52 -1.97
Net profit margin -5.23% 9.52% -19.87% -13.94%
Operating income -7.08M 12.68M -26.6M -20.26M
Net change in cash 1.1M 13.99M -6.34M 3.01M
Cash on hand 37.33M 36.24M 22.25M 28.59M
Cost of revenue 86.9M 83.13M 94.86M 90.21M
Annual (USD) Jun 19 Jun 18 Jun 17 Jun 16
Revenue 443.59M 489.18M 468.76M 500.11M
Net income -32.61M 17.67M 23.79M 24.24M
Diluted EPS -4.13 2.23 3.02 3.12
Net profit margin -7.35% 3.61% 5.07% 4.85%
Operating income -43.15M 24.51M 37.26M 38.07M
Net change in cash -5.5M -1.12M -7.91M 35.5M
Cash on hand 22.25M 27.75M 28.87M 36.78M
Cost of revenue 373.65M 390.96M 360.11M 386.41M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
25 Mar 20 Willis Terrence Heath Common Stock Payment of exercise Dispose F 0 244 0 5,741
25 Mar 20 Willis Terrence Heath Common Stock Option exercise Aquire M 0 828 0 5,985
25 Mar 20 Willis Terrence Heath RSU Common Stock Option exercise Dispose M 0 828 0 18,342
9 Mar 20 Dittmer Jerald K Common Stock Buy Aquire P 12.61 2,213 27.91K 8,500
9 Mar 20 Rangen Eric S Common Stock Grant Aquire A 12.54 998 12.51K 20,179
9 Mar 20 Bottie Mary C Common Stock Grant Aquire A 12.54 998 12.51K 14,464
9 Mar 20 Maricich Robert J Common Stock Grant Aquire A 12.54 998 12.51K 21,549
66.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 69 65 +6.2%
Opened positions 10 9 +11.1%
Closed positions 6 13 -53.8%
Increased positions 30 30
Reduced positions 16 13 +23.1%
13F shares
Current Prev Q Change
Total value 140.92M 88.09M +60.0%
Total shares 5.3M 4.7M +12.9%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Royce & Associates 942.1K $18.77M -4.3%
MOFG MidWestOne Financial 771.75K $15.37M +363.1%
Dimensional Fund Advisors 624.99K $12.45M -5.9%
BLK BlackRock 510.01K $10.16M +2.2%
Vanguard 346.23K $6.9M -0.3%
Polar Asset Management Partners 319.41K $6.36M -10.2%
Renaissance Technologies 256.29K $5.11M +13.2%
STT State Street 134.05K $2.7M +1.3%
Geode Capital Management 129.44K $2.58M -15.8%
NTRS Northern Trust 106.51K $2.12M -6.8%
Largest transactions
Shares Bought/sold Change
MOFG MidWestOne Financial 771.75K +605.09K +363.1%
Dean Investment Associates 86.97K +86.97K NEW
Invenomic Capital Management 86.06K +86.06K NEW
Royce & Associates 942.1K -42.14K -4.3%
LSV Asset Management 0 -40.62K EXIT
BK Bank Of New York Mellon 60.62K -40.19K -39.9%
Dimensional Fund Advisors 624.99K -38.85K -5.9%
Polar Asset Management Partners 319.41K -36.18K -10.2%
FMR 10K -33.56K -77.0%
Renaissance Technologies 256.29K +29.88K +13.2%

Financial report summary

Management Discussion
  • Net sales were $102.9 million for the quarter ended December 31, 2019 compared to net sales of $118.4 million in the prior year quarter, a decrease of 13.0%. Residential net sales declined 5.4% when compared to the prior year quarter.  The decline in residential net sales was primarily driven by the implementation of the tariff on furniture imported from China at 10% followed by an increase to 25%, which triggered significant price increases to the market place and led to the contraction of volume.  This was partially offset by increased sales of our ready to assemble furniture through our ecommerce channel. Our ready to assemble furniture line sold primarily through ecommerce grew 30.1% during the quarter ended December 31, 2019 compared to the prior year quarter due to strong holiday sales and promotions.  Contract net sales were down $10.1 million, of which $7.3 million was primarily driven by our decision to exit the commercial office and custom-designed hospitality product lines, coupled with a decline in our healthcare and vehicle products from lower demand.
Content analysis ?
H.S. sophomore Avg
New words: aimed, assemble, attainable, brick, compression, connection, entered, floor, Harrison, holiday, Huntingburg, Iowa, led, LTICP, mature, maturity, mortar, negotiated, numerator, rationalization, ready, reconciliation, RSU, sampling, scheduled, season, shopping, SKU, statute, Tolling, unrecognized, unvested, VAT, weighted
Removed: achieved, approved, award, conducted, contingency, dated, determining, divided, documentation, draft, finalized, fixed, issuable, issue, liquidity, notification, payment, plant, practicable, productivity, receipt, retired, revised, system, target, verification