LCI INDUSTRIES
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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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.
Sep 30, 2026 · Filed Nov 5, 2026
LCII$97.98-3.1%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
| LCI INDUSTRIES | ||
|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
| (Unaudited) | ||
| Nine Months Ended September 30, | ||
| (In thousands) | 2026 | 2025 |
| Cash flows from operating activities: | ||
| Net income | $180,175 | $169,566 |
| Adjustments to reconcile net income to cash flows provided by operating activities: | ||
| Depreciation and amortization | 89,598 | 90,350 |
| Stock-based compensation expense | 17,030 | 16,868 |
| Loss on extinguishment of debt | — | 8,859 |
| Gain on sale of real estate | (2,235) | (19,716) |
| Other non-cash items | 6,839 | 9,860 |
| Changes in assets and liabilities, net of acquisitions of businesses: | ||
| Accounts receivable, net | (144,308) | (145,752) |
| Inventories, net | 60,987 | 33,176 |
| Prepaid expenses and other assets | 1,567 | 11,069 |
| Accounts payable, trade | (3,360) | 24,333 |
| Accrued expenses and other liabilities | 30,982 | 53,491 |
| Net cash flows provided by operating activities | 237,275 | 252,104 |
| Cash flows from investing activities: | ||
| Capital expenditures | (41,877) | (38,071) |
| Acquisition of businesses | — | (102,990) |
| Proceeds from sale of real estate | 3,681 | 22,674 |
| Other investing activities | 7,701 | (3,249) |
| Net cash flows used in investing activities | (30,495) | (121,636) |
| Cash flows from financing activities: | ||
| Vesting of stock-based awards, net of shares tendered for payment of taxes | (6,718) | (5,242) |
| Repayments under revolving credit facility | — | (19,261) |
| Proceeds from term loan borrowings | — | 391,000 |
| Repayments under term loan and other borrowings | (3,225) | (282,535) |
| Proceeds from issuance of convertible notes | — | 448,500 |
| Repurchase of convertible notes | (92,000) | (368,920) |
| Purchases of convertible note hedge contracts | — | (67,574) |
| Proceeds from issuance of warrants concurrent with note hedge contracts | — | 27,600 |
| Payment of dividends | (83,838) | (86,215) |
| Repurchases of common stock | — | (128,571) |
| Other financing activities | — | (4,998) |
| Net cash flows used in financing activities | (185,781) | (96,216) |
| Effect of exchange rate changes on cash and cash equivalents | 2,004 | (287) |
| Net increase in cash and cash equivalents | 23,003 | 33,965 |
| Cash and cash equivalents at beginning of period | 222,615 | 165,756 |
| Cash and cash equivalents at end of period | $245,618 | $199,721 |
| LCI INDUSTRIES | ||
|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
| (Unaudited) | ||
| Nine Months Ended September 30, | ||
| (In thousands) | 2026 | 2025 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid during the period for: | ||
| Interest | $33,619 | $28,739 |
| Income taxes | $60,769 | $33,187 |
| Non-cash investing and financing activities: | ||
| Purchase of property and equipment in accrued expenses | $427 | $302 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.