LIFETIME BRANDS, INC
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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.
Sep 30, 2026 · Filed Nov 5, 2026
LCUT$7.98+6.6%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 (unaudited) –
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| OPERATING ACTIVITIES | ||
| Net income (loss) | $10,642 | $(45,089) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization | 16,235 | 16,533 |
| Goodwill impairment | — | 33,237 |
| Non-cash restructuring charges | 296 | — |
| Amortization of financing costs | 1,828 | 2,077 |
| Gain on disposition of fixed assets | — | (94) |
| Mark to market (gain) loss on interest rate derivatives | (465) | 755 |
| Operating leases, net | (658) | (1,734) |
| Provision for doubtful accounts | 71 | 1,129 |
| Stock compensation expense | 2,893 | 3,100 |
| Loss on extinguishment of debt | 2,456 | — |
| Changes in operating assets and liabilities | ||
| Accounts receivable | 7,261 | 29,010 |
| Inventory | (20,911) | (15,912) |
| Prepaid expenses, other current assets and other assets | 753 | (224) |
| Accounts payable, accrued expenses and other liabilities | 31,645 | (15,843) |
| Income taxes receivable | 1,572 | (2,215) |
| Income taxes payable | 3,179 | (860) |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 56,797 | 3,870 |
| INVESTING ACTIVITIES | ||
| Purchases of property and equipment | (8,670) | (3,221) |
| Net proceeds from sale of property | — | 94 |
| NET CASH USED IN INVESTING ACTIVITIES | (8,670) | (3,127) |
| FINANCING ACTIVITIES | ||
| Proceeds from revolving credit facility | 269,389 | 236,941 |
| Repayments of revolving credit facility | (233,287) | (219,726) |
| Proceeds from term loan | 60,000 | — |
| Repayments of term loan | (135,000) | (5,625) |
| Payment of financing costs | (4,653) | — |
| Payments for finance lease obligations | (36) | (33) |
| Payments of tax withholding for stock based compensation | (183) | (416) |
| Proceeds from the exercise of stock options | 294 | — |
| Cash dividends paid | (2,936) | (2,858) |
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | (46,412) | 8,283 |
| Effect of foreign exchange on cash | (48) | 170 |
| INCREASE IN CASH AND CASH EQUIVALENTS | 1,667 | 9,196 |
| Cash and cash equivalents at beginning of period | 4,267 | 2,929 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | $5,934 | $12,125 |
- 6 -
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.