IDEX CORP DE
For the period ended Mar 31, 2024. Filed Apr 24, 2024.
View on SEC.govAbout this filing
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 31, 2024 · Filed Apr 24, 2024
IEX$236.90+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $121.3 | $139.8 |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | ||
| Depreciation | 16.2 | 12.8 |
| Amortization of intangible assets | 24.6 | 23.6 |
| Share-based compensation expense | 12.5 | 12.8 |
| Deferred income taxes | 0.2 | (0.2) |
| Changes in (net of the effect from acquisitions and foreign currency translation): | ||
| Receivables - net | (12.2) | (0.7) |
| Inventories - net | (9.5) | (23.3) |
| Other current assets | (10.9) | (11.1) |
| Trade accounts payable | 8.9 | 7.6 |
| Deferred revenue | 6.8 | 10.2 |
| Accrued expenses | (1.5) | (24.9) |
| Other - net | 0.2 | 1.3 |
| Net cash flows provided by operating activities | 156.6 | 147.9 |
| Cash flows from investing activities | ||
| Capital expenditures | (20.0) | (26.6) |
| Purchases of marketable securities | — | (3.2) |
| Other - net | — | 0.6 |
| Net cash flows used in investing activities | (20.0) | (29.2) |
| Cash flows from financing activities | ||
| Cash dividends paid to shareholders | (48.5) | (45.5) |
| Proceeds from share issuances, net of shares withheld for taxes | 7.7 | 0.3 |
| Other - net | (0.2) | — |
| Net cash flows used in financing activities | (41.0) | (45.2) |
| Effect of exchange rate changes on cash and cash equivalents | (13.6) | 7.0 |
| Net increase in cash and cash equivalents | 82.0 | 80.5 |
| Cash and cash equivalents at beginning of year | 534.3 | 430.2 |
| Cash and cash equivalents at end of period | $616.3 | $510.7 |
| Supplemental cash flow information | ||
| Cash paid for: | ||
| Interest | $2.4 | $4.1 |
| Income taxes - net | 18.4 | 20.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.