Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 702

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 4
Chunk 702
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We believe the discussion of these items provides enhanced information to investors by disclosing their impact on the overall trend which provides a clearer comparative view of the KPI, as applicable.  For discussion of the impact of foreign exchange rates on KPIs, the Company calculates the impact as the difference between the current period KPI calculated at the current period exchange rate as compared to the KPI calculated at the historical exchange rate for the prior period.  For discussion of the impact of acquisitions, we isolate the effect on the KPI amount that would have existed regardless of our acquisition.  Sales resulting from synergies between the acquisition and existing operations of the Company are considered organic growth for the purposes of our discussion.

Unless otherwise noted, references to years are to fiscal years.

Consolidated Results from Continuing Operations (in thousands):

      2025 

      2024 

      2023 

      Net sales 
      
     $
     790,107

     $
     720,635

     $
     741,048

      Gross profit margin 

     39.9
     %

     39.1
     %

     38.5%

      Restructuring costs 

     6,903

     8,206

     3,831

      Acquisition related expenses 

     21,434

     2,622

     557

      Other operating (income) expense, net 

     -

     110

     (611)

      (Gain) loss on sale of business 

     -

     (274
     )

     (62,105)

      Income from operations 

     93,549

     101,738

     171,089

      Backlog (realizable within 1 year) 
      
     $
     245,596

     $
     185,296

     $
     274,902

      2025 

      2024 

      2023 

      Net sales 
      
     $
     790,107

     $
     720,635

     $
     741,048

      Components of change in sales: 

      Effect of acquisitions 

     123,636

     40,427

     1,919

      Effect of exchange rates 

     (343
     )

     (1,842
     )

     (23,902)

      Effect of business divestitures 

     -

     (21,259
     )

     (11,