Dorman Products Inc
For the period ended Sep 28, 2024. Filed Nov 1, 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.
Sep 28, 2024 · Filed Nov 1, 2024
DORM$135.80-0.4%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
| Nine Months Ended | ||
|---|---|---|
| (in thousands) | September 28, 2024 | September 30, 2023 |
| Cash Flows from Operating Activities: | ||
| Net income | $135,491 | $78,975 |
| Adjustments to reconcile net income to cash provided by operating activities: | ||
| Depreciation, amortization and accretion | 43,015 | 40,786 |
| Fair value adjustment to contingent consideration | — | (13,400) |
| Provision for doubtful accounts | 74 | 2,721 |
| Provision for deferred income taxes | 694 | 3,319 |
| Provision for stock-based compensation | 10,547 | 8,407 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (44,304) | (59,786) |
| Inventories | (27,962) | 130,156 |
| Prepaids and other current assets | (4,450) | (6,597) |
| Other assets | (406) | (3,981) |
| Accounts payable | 29,067 | (21,615) |
| Accrued customer rebates and returns | 3,784 | (101) |
| Accrued compensation and other liabilities | 14,072 | (9,774) |
| Cash provided by operating activities | 159,622 | 149,110 |
| Cash Flows from Investing Activities: | ||
| Acquisition, net of cash acquired | — | 67 |
| Property, plant and equipment additions | (31,245) | (32,936) |
| Cash used in investing activities | (31,245) | (32,869) |
| Cash Flows from Financing Activities: | ||
| Payments of revolving credit line | (31,000) | (119,700) |
| Payments of long-term debt | (9,375) | (9,375) |
| Payment of deferred acquisition consideration | (200) | — |
| Proceeds from exercise of stock options | 1,766 | 1,167 |
| Purchase and cancellation of common stock | (79,923) | (1,008) |
| Other stock-related activity | (1,301) | (1,389) |
| Cash used in financing activities | (120,033) | (130,305) |
| Effect of exchange rate changes on Cash and Cash Equivalents | (31) | (17) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 8,313 | (14,081) |
| Cash and Cash Equivalents, Beginning of Period | 36,814 | 46,034 |
| Cash and Cash Equivalents, End of Period | $45,127 | $31,953 |
| Supplemental Cash Flow Information | ||
| Cash paid for interest expense | $26,865 | $38,613 |
| Cash paid for income taxes | $39,761 | $27,242 |
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