GRACO INC
For the period ended Mar 29, 2024. Filed Apr 24, 2024.
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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.
Mar 29, 2024 · Filed Apr 24, 2024
GGG$69.70-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| Three Months Ended | ||
|---|---|---|
| March 29,2024 | March 31,2023 | |
| Cash Flows From Operating Activities | ||
| Net Earnings | $122,199 | $129,166 |
| Adjustments to reconcile net earnings to net cashprovided by operating activities | ||
| Depreciation and amortization | 19,516 | 17,987 |
| Deferred income taxes | 6,041 | 230 |
| Share-based compensation | 10,549 | 8,914 |
| Change in | ||
| Accounts receivable | 28,828 | (8,519) |
| Inventories | (23,242) | (18,959) |
| Trade accounts payable | 8,038 | (3,802) |
| Salaries and incentives | (23,186) | (21,303) |
| Retirement benefits and deferred compensation | 1,813 | 1,156 |
| Other accrued liabilities | (24,103) | (10,787) |
| Other | (7,530) | (3,254) |
| Net cash provided by operating activities | 118,923 | 90,829 |
| Cash Flows From Investing Activities | ||
| Property, plant and equipment additions | (37,192) | (38,290) |
| Other | 5,572 | (352) |
| Net cash used in investing activities | (31,620) | (38,642) |
| Cash Flows From Financing Activities | ||
| Borrowings on short-term lines of credit, net | 233 | 20,721 |
| Payments of debt issuance costs | — | (6) |
| Common stock issued | 45,368 | 31,026 |
| Common stock repurchased | — | (7,766) |
| Taxes paid related to net share settlement of equity awards | (4,611) | (1,225) |
| Cash dividends paid | (42,854) | (39,431) |
| Net cash (used in) provided by financing activities | (1,864) | 3,319 |
| Effect of exchange rate changes on cash | (662) | 611 |
| Net increase in cash and cash equivalents | 84,777 | 56,117 |
| Cash and Cash Equivalents | ||
| Beginning of year | 537,951 | 339,196 |
| End of period | $622,728 | $395,313 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.