PATK Stock Cash Flow Statements

Patrick Industries Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Patrick Industries Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2024-12-31	2024-09-29	2023-12-31	2023-10-01	2022-12-31	2022-09-25	2021-12-31	2021-09-26	2020-12-31	2020-09-27	2020-06-28	2020-03-29	2019-12-31	2019-09-29	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-07-01	2018-04-01	2017-12-31	2017-09-24	2017-06-25	2017-03-26	2016-12-31	2016-09-25	2016-06-26	2016-03-27	2015-12-31	2015-09-27	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-07-01	2012-04-01	2011-12-31	2011-09-25	2011-06-26	2011-03-27	2010-12-31	2010-09-26	2010-06-27	2010-03-28

cash flows from operating activities
net income	14,558,000	40,866,000	30,817,000	39,550,000	40,180,000	58,819,000	61,020,000	57,397,000	37,824,000	37,336,000	714,000	21,187,000	19,984,000	21,317,000	27,416,000	20,849,000	26,970,000	27,934,000	34,860,000	30,068,000	29,046,000	17,945,000	21,260,000	17,467,000	14,816,000	12,025,000	16,703,000	12,033,000	12,036,000	8,960,000	7,557,000	6,019,000	3,217,000	6,554,000	13,313,000	5,011,000		4,536,000	3,697,000	-1,235,000	-939,000	-629,000	1,884,000	910,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	42,543,000	42,186,000	36,567,000	36,484,000	34,501,000	33,281,000	28,510,000	27,583,000	20,315,000	18,266,000	17,514,000	17,175,000	16,346,000	16,202,000	14,704,000	15,543,000	15,159,000	14,454,000	14,114,000	11,325,000	9,025,000	8,738,000	8,361,000	7,417,000
stock-based compensation expense	2,408,000	4,625,000	5,754,000	5,729,000	6,155,000	5,352,000	5,580,000	6,971,000	4,783,000	4,830,000	2,036,000	4,311,000	3,397,000	3,867,000	4,225,000	3,947,000	3,070,000	3,542,000	3,673,000	3,696,000	2,661,000	2,633,000	2,678,000	2,439,000	1,672,000	1,665,000	1,632,000	1,501,000	1,240,000	1,232,000	332,000	263,000	226,000	235,000	221,000	120,000	86,000	87,000	87,000	73,000	66,000	66,000	51,000	27,000
deferred income taxes					-9,355,000		-10,483,000	-1,994,000	12,148,000	3,289,000			6,387,000	-1,025,000	-1,050,000	1,281,000	1,847,000	-68,000	-2,430,000	1,410,000	-2,729,000	-2,093,000	-2,559,000	904,000	1,371,000	-28,000	-2,153,000	250,000	880,000	-2,145,000	-1,541,000	3,357,000
amortization of deferred debt financing costs
gain on sale of property, plant and equipment
other	-1,959,000	916,000					7,554,000	0	470,000	505,000	2,266,000	750,000	-1,896,000	1,045,000	-577,000	-233,000															-6,000	-6,000			149,000	-6,000					18,000	21,000	50,000	16,000
change in operating assets and liabilities, net of acquisitions of businesses:
trade and other receivables	77,874,000	-1,938,000	77,037,000	-35,057,000	118,255,000	69,884,000	128,200,000	-25,925,000
inventories	-4,666,000	-25,473,000	7,547,000	37,194,000	73,195,000	4,929,000	-105,001,000	-72,818,000	-21,669,000	-5,702,000	11,028,000	-18,211,000	10,598,000	-4,615,000	12,475,000	1,224,000	13,330,000	-3,660,000	-1,021,000	-8,557,000	-15,177,000	-14,661,000	-32,000	-5,400,000	-2,778,000	-8,704,000	684,000	-1,663,000	6,737,000	-3,566,000	681,000	-5,363,000	-4,321,000	-4,233,000	-4,472,000	-1,156,000	-1,349,000			-612,000	3,472,000	484,000	-3,031,000	-2,881,000
prepaid expenses and other assets	-3,676,000	-2,071,000	-13,029,000	1,986,000	-10,935,000	17,595,000	-12,521,000	-4,591,000	-26,201,000	8,879,000	5,259,000	9,649,000	-17,188,000	1,951,000	-2,848,000	5,216,000	-2,645,000	-1,684,000	3,847,000	2,136,000	-5,360,000	-4,030,000	-1,515,000	3,305,000
accounts payable, accrued liabilities and other	-23,532,000	-7,579,000	-28,735,000	28,547,000	-70,413,000	-35,514,000	3,039,000	80,412,000	-31,671,000	27,367,000	-17,978,000	43,033,000	-19,276,000	581,000	-12,800,000	32,574,000	-42,394,000	-3,820,000	-9,098,000	34,231,000	3,767,000	8,898,000	1,627,000	16,016,000
net cash from operating activities	102,651,000	51,532,000	114,842,000	115,479,000	181,930,000	155,512,000	104,713,000	68,672,000	47,395,000	73,386,000	26,208,000	13,164,000	70,377,000	28,219,000	65,930,000	27,884,000	72,600,000	36,196,000	65,409,000	25,808,000	67,350,000	13,142,000	30,316,000	-10,907,000	47,414,000	32,455,000	3,325,000	13,953,000	40,290,000	-2,023,000	13,895,000	1,139,000	6,367,000	315,000	12,546,000	1,769,000	2,289,000			1,003,000	7,659,000	3,637,000	-1,386,000	-2,151,000
cash flows from investing activities
purchases of property, plant and equipment		-17,853,000		-10,939,000
proceeds from sale of property, plant and equipment		178,000				145,000		28,000
business acquisitions, net of cash acquired	-181,000	-80,839,000	150,000	828,000	-96,011,000	-2,499,000	-210,426,000	-45,041,000	-182,613,000	-99,544,000	443,000	-24,281,000	-33,603,000	-21,104,000	-24,000	-1,222,000
other investing activities		-74,000															-5,191,000	5,045,000	86,000	-6,000	-2,000	-8,000	-7,000	-6,000	-6,000	-8,000	-7,000	-6,000	-7,000
net cash from investing activities	-27,448,000	-98,588,000	-11,082,000	-9,916,000	-112,583,000	-21,324,000	-231,018,000	-62,823,000	-192,460,000	-110,407,000	-3,177,000	-31,840,000	-39,144,000	-25,002,000	-5,211,000	-9,855,000	-60,370,000	-32,577,000	-174,915,000	-103,508,000	-162,808,000	-17,995,000	-78,744,000	-13,590,000	-31,272,000	-49,839,000	-33,763,000	-39,124,000	-4,239,000	-79,404,000	-1,714,000	-833,000	-22,734,000	-8,594,000	-1,362,000	-4,532,000	-1,852,000			-177,000	-423,000	-3,800,000	3,655,000	1,755,000
cash flows from financing activities
term debt repayments	-127,188,000	0	-1,875,000	-1,875,000	-3,750,000	-1,875,000	-3,750,000	-1,875,000	-2,500,000	-1,250,000			-2,500,000	0	-2,500,000	-1,250,000	-1,250,000	-1,250,000	-1,250,000	-3,941,000	-7,883,000	-3,942,000			-7,882,000	-2,679,000
borrowings on revolver		280,361,000		117,380,000		107,520,000		455,000		176,000	1,302,000	6,720,000		259,166,000	175,771,000	213,523,000	256,929,000	171,677,000	451,800,000	331,058,000	320,388,000	126,632,000	161,093,000	65,717,000	159,670,000	55,086,000	95,073,000	112,424,000
repayments on revolver	-429,969,000	-210,361,000	-91,246,000	-227,378,000	-190,745,000	-247,520,000	-407,025,000	0	-91,079,000	-176,000	-1,302,000	-6,720,000	-4,669,000	-466,165,000	-218,772,000	-220,855,000	-228,597,000	-152,576,000	-335,500,000	-389,855,000	-218,495,000	-123,053,000	-108,941,000	-126,371,000	-159,490,000	-62,268,000	-72,857,000	-74,731,000
stock repurchases under buyback program			-6,578,000	-454,000	-30,133,000	-6,599,000	-16,995,000	-10,395,000	-2,820,000	-4,736,000	0	-15,550,000	-232,000				-32,539,000	-20,943,000	-40,615,000	-13,470,000					-547,000	0	-1,802,000	-2,865,000	-16,987,000	0
cash dividends paid to shareholders	-13,116,000	-12,024,000	-11,880,000	-9,753,000	-9,862,000	-7,341,000	-7,537,000	-6,426,000	-6,365,000	-5,658,000	-5,770,000	-5,837,000
taxes paid for share-based payment arrangements	-218,000	-2,233,000	-3,370,000	-1,177,000	-191,000	-1,000	-2,916,000	-13,000
payment of contingent consideration from business acquisitions	-57,000
proceeds from exercise of common stock options	0	0	0	270,000	0	14,000	48,000	325,000
other financing activities	204,000	-6,000	-68,000	-7,000									1,000	-1,000	4,000	3,000	2,000	-41,000	27,000	-1,000	-59,000	-2,000			38,000	-11,000	-24,000	-27,000	-25,000
net cash from financing activities	-94,248,000	55,702,000	-108,801,000	-123,024,000	-99,769,000	-157,944,000	204,272,000	-19,369,000	127,485,000	-11,694,000	-6,492,000	-26,191,000	-8,555,000	89,923,000	-45,601,000	-16,470,000	-5,641,000	-3,417,000	109,539,000	75,004,000	91,854,000	-382,000	49,115,000	28,967,000	-11,170,000	18,826,000	19,814,000	35,743,000	-37,374,000	76,231,000	-8,258,000	715,000	15,913,000	7,772,000	-11,033,000	3,457,000	-127,000	-5,126,000	-296,000	2,067,000	-6,182,000	714,000	-2,071,000	490,000
net increase in cash and cash equivalents	-19,045,000	8,646,000
cash and cash equivalents at beginning of year	0	0	0	0	0	0	0	0	0	0	0	139,390,000	0	0	0	6,895,000	0	0	0	2,767,000	0	0	0	6,449,000	0	0	0	87,000	0	0	0	434,000	0	0	0	550,000	0	0	0	1,957,000	0	0	0	60,000
cash and cash equivalents at end of period		8,646,000		-17,461,000		-23,756,000		-13,520,000		-48,715,000	16,539,000	94,523,000		93,140,000	15,118,000	8,454,000		202,000	33,000	71,000		-5,235,000	687,000	10,919,000		1,442,000	-10,624,000	10,659,000		-5,196,000	3,923,000	1,455,000		-507,000	151,000	1,244,000		-466,000	-4,144,000	4,850,000		551,000	198,000	154,000
amortization deferred debt financing costs
(gain) loss on sale of property, plant and equipment			343,000	142,000	153,000	-165,000
loss on extinguishment of debt
change in operating assets and liabilities, net of business acquisitions:
purchases of property, plant, and equipment
proceeds from sale of property, plant, and equipment
purchase of intangible assets and other investing activities
term debt borrowings							0	0					0				0	0							0
borrowing on revolver
repayment of convertible notes
proceeds from senior notes offering							0	0
repayment of senior notes
payment of deferred financing costs									0	0			-5,000	-6,938,000	-23,000	-253,000					-2,000	0	-15,000	-980,000	-37,000				-92,000	-276,000
cash and cash equivalents at end of year
repayments of convertible notes			0	0
payment of contingent consideration from a business acquisition				-30,000		0		-600,000	0	0	0	-2,000,000	0	0	0	-4,416,000
amortization of convertible notes debt discount			249,000	249,000	452,000	475,000	2,459,000	1,885,000	1,885,000	1,797,000	1,782,000	1,723,000	1,898,000	1,741,000	1,711,000	1,671,000	1,390,000	1,630,000
proceeds from sale of property, equipment, facility and other
proceeds from convertible notes offering																	0	0
purchase of convertible notes hedges																	0	0
proceeds from sale of warrants																	0	0	0	18,147,000
increase in cash and cash equivalents					-30,422,000	-23,756,000	77,967,000	-13,520,000	-17,580,000	-48,715,000	16,539,000	-44,867,000	22,678,000	93,140,000	15,118,000	1,559,000			33,000	-2,696,000	-3,604,000	-5,235,000	687,000	4,470,000	4,972,000	1,442,000	-10,624,000	10,572,000	-1,323,000	-5,196,000	3,923,000	1,021,000	-454,000	-507,000	151,000	694,000	310,000			2,893,000	1,054,000	551,000	198,000	94,000
other non-cash items				655,000		850,000		-248,000										-2,197,000	762,000	-1,304,000	-77,000	159,000	281,000	59,000	557,000	106,000	85,000	105,000	-470,000
purchases of intangible assets
payment of deferred financing costs and other								-840,000				-57,000
decrease in cash and cash equivalents
proceeds from sale of property and equipment and other investing activities
purchases of intangible assets and other investing activities
capital expenditures					-16,446,000	-18,970,000	-20,649,000	-17,810,000	-9,941,000	-10,854,000	-3,725,000	-7,580,000	-5,434,000	-4,050,000	-8,172,000	-10,005,000	-8,413,000	-12,006,000	-6,426,000	-7,641,000	-9,259,000	-4,464,000	-5,290,000	-3,484,000	-4,540,000	-4,796,000	-3,157,000	-2,913,000	-3,227,000	-1,496,000	-2,216,000	-1,308,000	-2,614,000	-3,088,000	-1,358,000	-835,000	-793,000			-194,000	-291,000	-198,000	-616,000	-251,000
free cash flows					165,484,000	136,542,000	84,064,000	50,862,000	37,454,000	62,532,000	22,483,000	5,584,000	64,943,000	24,169,000	57,758,000	17,879,000	64,187,000	24,190,000	58,983,000	18,167,000	58,091,000	8,678,000	25,026,000	-14,391,000	42,874,000	27,659,000	168,000	11,040,000	37,063,000	-3,519,000	11,679,000	-169,000	3,753,000	-2,773,000	11,188,000	934,000	1,496,000			809,000	7,368,000	3,439,000	-2,002,000	-2,402,000
trade receivables										-23,181,000	10,933,000	-66,453,000	50,127,000	-12,845,000	22,674,000	-54,188,000	55,412,000	65,000	19,083,000	-48,443,000	45,002,000	-4,447,000	215,000	-53,114,000	38,531,000	18,809,000	-20,868,000	-25,148,000	26,665,000	-5,094,000	992,000	-15,097,000	15,381,000	-4,126,000	4,973,000	-15,194,000	8,713,000			-15,614,000	10,139,000	6,904,000	-4,275,000	-9,312,000
supplemental cash flow information:
increase in accrued capital expenditures
payments related to vesting of stock-based awards, net of shares tendered for taxes									-831,000	-50,000	-113,000	-2,747,000	-21,000	-56,000	-81,000	-3,222,000	-39,000	-71,000	-2,000	-2,586,000
proceeds from sale of property, equipment and other investing activities										-9,000	105,000	21,000		152,000	2,985,000	1,372,000
proceeds from issuance of senior notes
proceeds from exercise of stock options										0							0				0	0	922,000	4,000
proceeds from public offering of common stock, net of expenses
benefit from bad debts
business acquisitions																		-25,616,000	-168,575,000	-95,861,000	-154,590,000	-13,657,000	-73,500,000	-10,104,000	-26,764,000	-45,075,000	-30,621,000	-36,384,000	-1,008,000	-78,655,000			-20,039,000	-5,532,000	0	-3,691,000	-1,101,000
payment of deferred financing/debt issuance costs																		-216,000	-1,902,000	-5,367,000											-46,000	-50,000	-244,000	0	0	-13,000	-54,000			-617,000	-352,000	-15,000
non-cash interest expense																				1,246,000
proceeds from convertible note offering																				172,500,000
purchase of convertible note hedges																				-31,481,000
realization of excess tax benefit on stock-based compensation																										48,000	266,000	942,000	67,000	-135,000
proceeds from sale of property and equipment																						134,000	53,000	4,000		40,000	22,000	179,000		83,000		481,000
payments related to vesting of share-based awards, net of shares tendered for tax																						-17,000	0	-3,025,000
proceeds from equity offering of common stock, net of expenses																						0	0	93,622,000
proceeds from sale of property, equipment and facility																																								24,000				4,026,000
depreciation																										2,873,000	2,677,000	2,444,000	2,192,000	1,977,000	1,202,000	1,288,000	1,362,000	812,000	777,000	1,112,000	1,039,000	1,008,000	1,023,000	1,017,000	1,063,000	1,104,000	1,096,000	1,143,000
amortization of intangible assets																										3,687,000	3,225,000	2,768,000	2,792,000	2,354,000	521,000	519,000	531,000	342,000	334,000	316,000	291,000	195,000	171,000	172,000	187,000	125,000	126,000	126,000
deferred financing cost amortization																										162,000	146,000	145,000
loss on sale of fixed assets
change in operating assets and liabilities, net of effects of acquisitions:
prepaid expenses and other																										-296,000	-934,000	2,617,000	-2,579,000	-366,000	-411,000	1,130,000	-42,000	49,000	-253,000	199,000	-460,000	32,000	48,000	467,000	-368,000	-129,000	-270,000	460,000
accounts payable and accrued liabilities																										2,225,000	2,213,000	18,938,000	-10,126,000	-5,524,000	4,907,000	8,951,000	-9,119,000	808,000	4,000,000	9,499,000	-9,036,000	2,429,000	-6,395,000	15,469,000	-6,084,000	-4,787,000	3,014,000	9,170,000
payments on deferred compensation obligations																										-75,000	-88,000	-75,000	-89,000	-81,000	-108,000	-92,000	-109,000	-92,000	-104,000	-87,000	-118,000			-115,000	-109,000	-114,000	-92,000	-106,000
proceeds from exercise of stock options, including tax benefit																										2,000			0	1,845,000			215,000	105,000					12,000	9,000
(gain) loss on sale of fixed assets																											3,000	38,000
payment of deferred fnancing costs
change in operating assets and liabilities, net of the effects of acquisitions:
borrowings on revolver and term loan																														77,500,000
payments on term loan
deferred compensation expense																															58,000	59,000	19,000	58,000	59,000	58,000	46,000	59,000	59,000	58,000	45,000	59,000	58,000	64,000
increase in cash surrender value of life insurance																																					-156,000	45,000			-124,000	45,000
deferred financing amortization																															109,000	86,000	104,000	144,000	145,000	150,000	161,000	149,000	336,000	349,000	418,000	375,000	375,000	367,000
payments on capital lease obligations
reversal of tax valuation allowance																																		0
gain on sale of fixed assets																															-426,000	-4,000								-24,000	-72,000	26,000	-29,000	-2,791,000
stock warrants revaluation																																	0	-73,000	134,000	1,670,000	775,000			270,000	-69,000	-127,000	-347,000	282,000
decrease in cash surrender value of life insurance																															22,000	23,000				22,000				45,000				45,000
amortization of debt discount																																				49,000
long-term debt payments																																					-100,000
stock repurchases																															-2,511,000	-3,567,000
long-term debt borrowings																																4,382,000				3,430,000
reduction of tax valuation allowance
gain on sale of fixed assets and acquisition of business																																	-1,000	-234,000			19,000
amortization of debt discount and bond costs																																	685,000				50,000	30,000
interest paid-in-kind																																					0	0	4,000	112,000	138,000	148,000	149,000	190,000
amortization of loss on interest rate swap agreements																																					0	0	0	677,000	80,000	79,000	80,000	79,000
change in fair value of derivative financial instruments																																					0			-106,000	-309,000	8,000	-70,000	76,000
proceeds from sale of property, equipment and facilities																																	-24,000	55,000			14,000	18,000			8,000	104,000
long-term debt borrowings (payments)
short-term debt borrowings (payments)
proceeds from life insurance policy loans																																					26,000	-26,000	0	2,762,000
payment on termination of interest rate swap agreements																																					0			-1,137,000
insurance premiums paid																																		-29,000						-7,000	-54,000	-30,000	-7,000	-6,000
short-term debt borrowings
gain on divestitures
proceeds from sale of businesses and related facilities
proceeds from exercise of warrants to purchase common stock																																						0
acquisitions																																									-86,000
borrowings under long-term debt agreements																																								1,050,000
short-term borrowings (payments)																																									-3,750,000	2,000,000	3,000,000	4,500,000
principal payments on long-term debt																																									-2,098,000	-1,292,000	-5,091,000	-4,026,000
see accompanying notes to condensed consolidated financial statements.
restructuring charges
goodwill impairment
intangible assets impairments
fixed asset impairments
adjustment to carrying value of assets held for sale
income taxes receivable
proceeds from life insurance
proceeds from private placement of common stock, net of expenses
proceeds from rights offering, net of expenses
adjustments to reconcile net income to net cash provided by
(used in) operating activities:
change in operating assets and liabilities:
proceeds from sale of american hardwoods operation and facility
acquisition of quality hardwoods																																											0	-2,014,000
gain from divestitures
proceeds from sale of american hardwoods operation
proceeds from sale of aluminum extrusion operation
acquisition of american hardwoods
acquisition of adorn, llc, net of cash acquired
see accompanying notes to consolidated financial statements.
amortization
gain on sale of american hardwoods
decrease (increase) in:
increase in:
short-term debt payments

We provide you with 20 years of cash flow statements for Patrick Industries stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Patrick Industries stock. Explore the full financial landscape of Patrick Industries stock with our expertly curated income statements.

The information provided in this report about Patrick Industries stock 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.