Welcome to our dedicated page for Flexsteel Inds SEC filings (Ticker: FLXS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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Flexsteel Industries operates a single reportable segment selling residential furniture across the U.S. The company tested and documented controls over inventory valuation and lease right-of-use assets. Management recorded a $14.1 million pre-tax non-cash impairment on the Mexicali, Mexico manufacturing facility lease right-of-use asset and completed several property disposals, recording pre-tax gains of $0.7 million and $3.7 million on ancillary building sales. The company holds 3,207,158 treasury shares at a cost of $71.7 million and has $30 million remaining under its December 2024 repurchase authorization. Customer deposits were $0.25 million at June 30, 2025 versus $0.14 million a year earlier. The credit agreement provides an $85 million revolving line (plus up to $5 million in letters of credit), contains customary covenants including a fixed coverage ratio >=1.00, and management reported covenant compliance as of June 30, 2025.
Flexsteel Industries (FLXS) director Michael Scott Culbreth reported a sale of 700 shares on 08/21/2025. After the transaction, he beneficially owned 12,052.023 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/22/2025. The filing reports a non-derivative disposition at a $0 price field (standard reporting format when price not reported on form), and indicates the reporting person is a director.
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