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Investor Presentaiton

Reconciliation of Adjusted Non-GAAP Financial Measures to the GAAP Equivalents Free Cash Flow (in thousands) Cash provided by operating activities Less: Capital expenditures Free cash flow Free Cash Flow (in thousands) Cash provided by operating activities Less: Capital expenditures Free cash flow Current maturities of long-term debt Long-term debt, less current maturities Total Debt Less: cash and cash equivalents Net debt Net leverage American Woodmark 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $ 40,535 $ 58,737 $ 71,778 $ 11,402 22,378 29,133 $ 36,359 $ 33,119 38,659 $ 77,080 $ 86,775 $ 25,531 49,893 51,549 $ 36,882 $ 190,845 $ 177,542 $ 151,763 $ 39,385 40,739 46,318 151,460 $ 136,803 $ 105,445 $ 24,445 $ 196,727 51,582 43,270 (27,137) $ 153,457 2028E 2024-2028E 250,000 $ 1,000,000 100,000 500,000 $ 150,000 $ 500,000 As of As of As of As of As of April 30, 2018 April 30, 2019 April 30, 2020 April 30, 2021 $ 4,143 $ 2,286 $ 2,216 $ 8,322 2,264 $ As of April 30, 2022 April 30, 2023 $ 2,263 809,897 689,205 594,921 513,450 506,732 369,396 814,040 691,491 597,137 521,772 508,996 371,659 (78,410) (57,656) (97,059) (91,071) (22,325) (41,732) $ 735,630 $ 633,835 $ 500,078 $ 430,701 $ 486,671 $ 329,927 4.19 2.59 2.12 1.90 3.53 1.37 31 37
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