INTERFACE INC
For the period ended Mar 30, 2025. Filed May 6, 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.
Mar 30, 2025 · Filed May 6, 2025
TILE$31.88-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Cash Flows –
(in thousands)
| THREE MONTHS ENDED | ||
|---|---|---|
| MARCH 30, 2025 | MARCH 31, 2024 | |
| OPERATING ACTIVITIES: | ||
| Net income | $13,002 | $14,179 |
| Adjustments to reconcile net income to cash provided by operating activities: | ||
| Depreciation and amortization | 9,401 | 9,616 |
| Share-based compensation expense | 4,145 | 3,915 |
| Deferred income taxes | (837) | (678) |
| Other | 3,070 | (3,708) |
| Amortization of acquired intangible assets | 1,255 | 1,297 |
| Working capital changes: | ||
| Accounts receivable | 10,675 | 13,837 |
| Inventories | (16,339) | (20,477) |
| Prepaid expenses and other current assets | (3,438) | (2,193) |
| Accounts payable and accrued expenses | (9,195) | (3,169) |
| Cash provided by operating activities | 11,739 | 12,619 |
| INVESTING ACTIVITIES: | ||
| Capital expenditures | (7,467) | (4,033) |
| Proceeds from sale of property, plant and equipment | — | 1,040 |
| Insurance proceeds from property casualty loss | — | 1,000 |
| Cash used in investing activities | (7,467) | (1,993) |
| FINANCING ACTIVITIES: | ||
| Repayments of long-term debt | (122) | (34,783) |
| Borrowing of long-term debt | — | 10,000 |
| Tax withholding payments for share-based compensation | (7,730) | (4,271) |
| Dividends paid | (54) | (6) |
| Finance lease payments | (762) | (716) |
| Cash used in financing activities | (8,668) | (29,776) |
| Net cash used in operating, investing and financing activities | (4,396) | (19,150) |
| Effect of exchange rate changes on cash | 2,927 | (1,574) |
| CASH AND CASH EQUIVALENTS: | ||
| Net decrease | (1,469) | (20,724) |
| Balance, beginning of period | 99,226 | 110,498 |
| Balance, end of period | $97,757 | $89,774 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.