7Baggers
Quarterly
Annual
    Unit: USD2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 
      
    		                   
      operating activities:
    		                   
      net income
    		54,285,000 18,124,000 28,363,000 50,110,000 49,187,000 25,719,000 42,643,000 34,875,000 16,273,000 -25,836,000 -4,776,000 27,476,000 35,818,000 16,707,000 38,541,000 21,769,000 22,657,000 10,183,000 -64,359,000 
      adjustments to reconcile net income to net cash flows from operating activities:
    		                   
      depreciation
    		24,866,000 24,332,000  22,030,000 22,332,000 21,773,000  21,486,000 20,016,000 22,002,000  17,084,000 16,478,000 15,202,000  13,253,000    
      amortization of intangibles
    		8,567,000 8,723,000  9,840,000 9,872,000 10,164,000  11,578,000 11,620,000 11,837,000  12,522,000 12,564,000 12,880,000  12,483,000    
      non-cash interest expense
    		406,000 406,000 411,000 412,000 412,000 412,000 411,000 412,000 412,000 412,000 1,444,000 1,821,000 1,219,000 1,154,000 1,170,000 350,000 1,123,000 467,000 467,000 
      non-cash lease expense
    		27,000 2,000 11,000 -18,000 -36,000 -48,000 -63,000 -66,000 -66,000 -56,000 -57,000 -150,000 -29,000 -39,000      
      deferred income tax benefit
    		-2,574,000 -193,000  -2,567,000 -1,525,000 -8,192,000   -1,039,000 1,504,000  6,388,000 10,751,000 4,381,000  8,675,000   -6,062,000 
      non-cash compensation expense
    		4,716,000 4,890,000 5,239,000 5,998,000 6,264,000 8,422,000 4,910,000 930,000 6,877,000 5,801,000 7,962,000 7,777,000 7,803,000 3,970,000 2,978,000 9,341,000 7,053,000 2,878,000 98,414,000 
      loss on disposition of property, plant and equipment
    		32,000 1,414,000 -115,000 -49,000 -87,000 2,185,000 1,942,000 95,000           510,000 
      gain on sale of business
    		  702,000 -90,000 215,000 -38,515,000              
      changes in certain assets and liabilities:
    		                   
      trade receivables
    		-102,331,000 16,242,000 18,528,000 68,573,000 -101,980,000 21,151,000 14,527,000 79,827,000 -84,455,000 21,869,000 11,854,000 70,172,000 -108,628,000 18,057,000 12,799,000 38,162,000 -87,385,000 29,652,000 8,729,000 
      inventories
    		34,573,000 -33,073,000 -19,507,000 11,742,000 22,356,000 -62,127,000 64,000 29,744,000 69,858,000 -20,978,000 24,115,000 -22,958,000 -10,101,000 -88,515,000 -16,097,000 -6,294,000 -347,000 -36,081,000 557,000 
      prepaid expenses and other currents assets
    		-13,724,000 -5,838,000  -678,000 -7,303,000 -2,031,000  9,515,000 -1,599,000 -16,711,000  945,000 -5,347,000 -3,330,000  796,000    
      accounts payable
    		11,779,000 -5,515,000 -9,140,000 7,562,000 7,453,000 -9,319,000 11,288,000 -4,394,000 2,673,000 13,029,000 -36,658,000 -7,701,000 11,607,000 606,000 9,160,000 -1,328,000 13,336,000 -5,097,000 8,392,000 
      accrued expenses and interest
    		27,022,000 -17,770,000 9,436,000 20,731,000 -21,731,000 15,448,000 29,219,000 -19,333,000 15,361,000 -7,831,000 2,388,000 18,561,000 -10,668,000 -11,626,000 10,078,000 13,339,000 -1,970,000 -6,537,000 11,256,000 
      other assets and liabilities
    		-590,000 1,821,000 748,000 1,479,000 -235,000 -1,330,000 -812,000 1,098,000 553,000 1,033,000 -5,000 1,414,000 1,203,000 -85,000 -642,000 785,000 1,010,000 106,000 -589,000 
      net cash from operating activities
    		47,054,000 13,565,000 60,498,000 195,075,000 -14,806,000 -16,288,000 132,499,000 166,901,000 56,733,000 6,409,000 40,135,000 133,243,000 -36,923,000 -30,620,000 88,951,000 111,773,000 -13,160,000 20,115,000 87,075,000 
      capex
    		-46,401,000 -21,596,000 -22,714,000 -17,554,000 -19,198,000 -17,681,000 -34,486,000 -6,775,000 -16,956,000 -30,328,000 -31,447,000 -25,496,000 -48,662,000 -65,333,000 -59,082,000 -44,042,000 -44,974,000 -27,021,000 -40,826,000 
      free cash flows
    		653,000 -8,031,000 37,784,000 177,521,000 -34,004,000 -33,969,000 98,013,000 160,126,000 39,777,000 -23,919,000 8,688,000 107,747,000 -85,585,000 -95,953,000 29,869,000 67,731,000 -58,134,000 -6,906,000 46,249,000 
      investing activities:
    		                   
      purchases of property, plant and equipment
    		-46,401,000 -21,596,000 -22,714,000 -17,554,000 -19,198,000 -17,681,000 -34,486,000 -6,775,000 -16,956,000 -30,328,000 -31,447,000 -25,496,000 -48,662,000 -65,333,000 -59,082,000 -44,042,000 -44,974,000 -27,021,000 -40,826,000 
      proceeds from disposition of fixed assets
    		31,000 254,000  63,000 141,000 122,000  74,000 34,000 65,000  120,000 465,000 32,000  6,000    
      divestiture, net of cash disposed
    		  0 0 -1,306,000 133,089,000              
      acquisitions, net of cash acquired
    		-7,150,000 -11,000,000 -9,000    0 0   -21,452,000 0 4,375,000 -91,310,000      
      net cash from investing activities
    		-53,520,000 -32,342,000 -22,575,000 -23,453,000 -20,363,000 115,530,000 -34,457,000 -6,701,000 -17,083,000 -30,263,000 -54,367,000 -25,376,000 -43,822,000 -156,611,000 -59,074,000 -44,036,000 -44,959,000 -27,004,000 -40,796,000 
      financing activities:
    		                   
      payments on 2024 term loan facility
    		0 -1,100,000                  
      payments on term loan agreement
    		   -1,500,000 -1,500,000 -1,500,000              
      principal payments of finance lease obligations
    		-839,000 -865,000  -711,000                
      exercise of vested stock options
    		7,900,000 11,672,000 1,434,000 790,000 15,390,000 3,238,000 3,843,000 9,210,000   0 1,072,000 1,613,000 3,310,000 1,374,000 1,661,000 589,000 2,364,000  
      cash paid for shares withheld for taxes
    		-483,000 -4,941,000 -361,000 -652,000 -379,000 -3,822,000 -147,000 -921,000 0 -460,000 0 0        
      purchases of treasury stock
    		  -67,508,000 -50,000,000 -24,994,000 -100,000,000 -60,010,000 -48,000,000 0 -7,488,000 -23,015,000         
      excise taxes for share repurchase
    		-1,527,000 -1,880,000                  
      net cash from financing activities
    		5,051,000 2,886,000 -220,846,000 -52,073,000 -12,191,000 -102,797,000 -64,325,000 -41,862,000 -256,000 -10,098,000 -24,572,000 25,942,000 40,501,000 2,751,000 195,000 1,410,000 -598,000 1,911,000 -46,378,000 
      net decrease in cash and cash equivalents
    		     -3,555,000              
      cash and cash equivalents – beginning of period
    		0 164,025,000  0 0 278,314,000  0 0 120,817,000  0 0 250,536,000  0    
      cash and cash equivalents – end of period
    		-1,415,000 148,134,000  119,549,000 -47,360,000 274,759,000  118,338,000 39,394,000 86,865,000  133,809,000 -40,244,000 66,056,000  69,147,000    
      supplemental cash flow disclosure:
    		                   
      cash paid for interest, net of amounts capitalized
    		8,573,000 8,907,000 14,389,000 11,388,000 16,106,000 7,349,000 8,212,000 9,905,000 10,591,000 13,020,000 4,630,000 4,477,000 3,010,000 2,782,000 2,248,000 6,226,000 2,798,000 5,847,000 5,869,000 
      cash paid for income taxes
    		35,925,000 613,000 17,529,000 23,318,000 45,669,000 1,351,000 13,477,000 6,044,000 14,847,000 112,000 4,941,000 124,000 5,613,000 -129,000 2,162,000 117,000   832,000 
      supplemental non-cash investing and financing disclosure:
    		                   
      capital expenditures in accounts payable at end of period
    		2,808,000 4,825,000 2,302,000 2,944,000 2,101,000 2,603,000 -6,596,000 1,315,000 -3,291,000 16,275,000 5,241,000 12,345,000 6,228,000 5,748,000 12,397,000 -640,000 385,000 4,035,000 -2,969,000 
      right-of-use operating and finance lease assets obtained in exchange for lease liabilities
    		24,770,000 7,090,000 13,557,000 8,985,000 194,000 2,460,000 1,002,000 389,000 471,000 1,968,000 14,695,000 8,497,000 1,293,000 8,915,000      
      net increase in cash and cash equivalents
    		 -15,891,000 -182,923,000 119,549,000   33,717,000 118,338,000 39,394,000 -33,952,000 -38,804,000 133,809,000 -40,244,000 -184,480,000 30,072,000 69,147,000 -58,717,000 -4,978,000 -99,000 
      depreciation expense
    		                 11,627,000  
      amortization expense
    		                 12,643,000  
      deferred income tax expense
    		                   
      bad debt provision
    		              71,000 116,000   -10,000 
      loss on extinguishment of debt
    		                  49,000 
      changes in operating assets and liabilities:
    		                   
      prepaid expenses and other current assets
    		                 -2,846,000 5,165,000 
      proceeds from sale of property, plant and equipment
    		                 17,000 30,000 
      purchases of intangible assets
    		                   
      proceeds under revolving credit facility
    		      0 0   0 0       0 
      payments under revolving credit facility
    		      0 0   0        -44,000,000 
      payments of term loan agreement
    		                   
      proceeds from 2022 term loan agreement
    		          0         
      payments on 2022 term loan agreement
    		      -1,500,000 -1,500,000 -1,500,000 -1,500,000          
      payments of debt issuance costs related to 2022 term loan agreement
    		                   
      proceeds from 2024 term loan facility
    		                   
      payments of debt issuance costs related to 2024 revolving credit facility
    		                   
      repayments of finance lease obligations
    		     -713,000 -661,000 -651,000 -657,000 -650,000 -1,557,000 -1,066,000 -683,000 -559,000      
      payments of intex contingent consideration
    		                   
      cash and cash equivalents at beginning of period
    		                 215,012,000  
      cash and cash equivalents at end of period
    		                 210,034,000  
      fair value adjustment for contingent consideration
    		       0 0 400,000          
      payments of financing fees related to term loan agreement
    		                   
      payments of initial public offering related costs
    		                 -210,000  
      deferred income tax provision
    		                 2,908,000  
      payment of debt issuance costs
    		               0    
      repayments of term loan agreement
    		                   
      gain on disposition of property, plant and equipment
    		         -66,000        212,000  
      proceeds from initial public offering, net of related costs
    		                  -2,163,000 
      proceeds from 2025 senior notes
    		                  0 
      redemption of 2021 and 2025 senior notes
    		                   
      payments of debt extinguishment costs related to 2021 and 2025 senior notes
    		                   
      payments on long-term debt obligations
    		                  0 
      payments of debt issuance costs related to 2025 senior notes
    		                   
      redemption of capital contributions prior to initial public offering
    		                   
      capital contributions prior to initial public offering
    		                   
      property, plant and equipment acquired under finance lease obligations
    		                   
      gain on disposition of property
    		           -108,000 407,000 18,000  326,000    
      proceeds from long-term debt
    		                   
      proceeds (repayments) of finance lease obligations
    		              -1,178,000 -251,000 -249,000 -243,000 -206,000 
      payments of ultralox contingent consideration
    		                   
      acquisition, net of cash acquired
    		                   
      redemption of senior notes
    		                   
      payments of debt extinguishment costs
    		                   
      redemption of capital contributions
    		                   
      capital contribution from members
    		                   
      property, plant and equipment acquired under finance leases
    		               30,000 205,000 334,000  
      payments of ipo related costs
    		                   
      cash paid for income taxes, net of refunds
    		                 -56,000  
      non-cash equity contribution
    		                   
      payments of contingent consideration
    		                   
      capital contributions
    		                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.