ENERPAC TOOL GROUP CORP
For the period ended May 31, 2025. Filed Jun 27, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
May 31, 2025 · Filed Jun 27, 2025
EPAC$39.76-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(In thousands)
| Nine Months Ended | ||
|---|---|---|
| May 31, 2025 | May 31, 2024 | |
| Operating Activities | ||
| Net earnings | $64,668 | $61,333 |
| Less: Earnings from discontinued operations, net of income taxes | — | 2,535 |
| Net earnings from continuing operations | 64,668 | 58,798 |
| Adjustments to reconcile net earnings to net cash provided by operating activities - continuing operations: | ||
| Impairment & divestiture charges | — | 147 |
| Depreciation and amortization | 10,706 | 9,970 |
| Stock-based compensation expense | 9,525 | 8,299 |
| Benefit for deferred income taxes | 3,782 | (4,297) |
| Amortization of debt issuance costs | 440 | 438 |
| Receivable reserve | — | 147 |
| Other non-cash (income) expenses | 1,059 | 3,300 |
| Changes in components of working capital and other, excluding acquisitions and divestitures: | ||
| Accounts receivable | (3,971) | (10,450) |
| Inventories | (13,058) | (3,769) |
| Trade accounts payable | (973) | (8,972) |
| Prepaid expenses and other assets | (9,189) | (5,568) |
| Income tax accounts | (6,594) | 8,305 |
| Accrued compensation and benefits | 1,830 | (8,542) |
| Other accrued liabilities | (2,195) | (8,262) |
| Cash provided by operating activities - continuing operations | 56,030 | 39,544 |
| Cash used in operating activities - discontinued operations | — | (2,586) |
| Cash provided by operating activities | 56,030 | 36,958 |
| Investing Activities | ||
| Capital expenditures | (16,360) | (4,970) |
| Cash paid for business acquisitions, net of cash acquired | (26,744) | — |
| Working capital adjustment from sale of business assets | — | (1,133) |
| Purchase of business assets | — | (1,402) |
| Cash used in investing activities - continuing operations | (43,104) | (7,505) |
| Cash used in investing activities | (43,104) | (7,505) |
| Financing Activities | ||
| Borrowings on revolving credit facility | 14,421 | 48,000 |
| Principal repayments on revolving credit facility | (14,421) | (64,000) |
| Principal repayments on term loan | (3,750) | (2,500) |
| Purchase of treasury shares | (28,594) | (32,691) |
| Taxes paid related to the net share settlement of equity awards | (7,409) | (3,235) |
| Stock option exercises & other | 1,949 | 5,200 |
| Payment of cash dividend | (2,167) | (2,178) |
| Cash used in financing activities - continuing operations | (39,971) | (51,404) |
| Cash used in financing activities | (39,971) | (51,404) |
| Effect of exchange rate changes on cash | 457 | (102) |
| Net decrease in cash and cash equivalents | (26,588) | (22,053) |
| Cash and cash equivalents - beginning of period | 167,094 | 154,415 |
| Cash and cash equivalents - end of period | $140,506 | $132,362 |
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