USANA HEALTH SCIENCES INC
For the period ended Sep 28, 2024. Filed Nov 5, 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 5, 2024
USNA$13.10-5.4%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 | ||
|---|---|---|
| September 28,2024 | September 30,2023 | |
| Cash flows from operating activities | ||
| Net earnings | $37,576 | $47,022 |
| Adjustments to reconcile net earnings to net cash provided by (used in) operating activities | ||
| Depreciation and amortization | 10,540 | 9,790 |
| Right-of-use asset amortization | 5,805 | 5,734 |
| (Gain) loss on sale of property and equipment | 1 | 12 |
| Equity-based compensation expense | 10,945 | 10,952 |
| Deferred income taxes | (4,047) | (4,218) |
| Inventory write-down | 1,889 | 3,107 |
| Changes in operating assets and liabilities: | ||
| Inventories | (3,794) | 296 |
| Prepaid expenses and other assets | 1,247 | 5,116 |
| Accounts payable | (3,044) | (2,357) |
| Other liabilities | (1,911) | (30,836) |
| Net cash provided by (used in) operating activities | 55,207 | 44,618 |
| Cash flows from investing activities | ||
| Proceeds from the settlement of net investment hedges | 1,125 | 3,775 |
| Payments for net investment hedge | (870) | (1,271) |
| Proceeds from sale of property and equipment | 64 | 13 |
| Purchases of property and equipment | (8,271) | (7,170) |
| Net cash provided by (used in) investing activities | (7,952) | (4,653) |
| Cash flows from financing activities | ||
| Repurchase of common stock | (9,444) | (11,599) |
| Borrowings on line of credit | 689 | 750 |
| Payments on line of credit | (1,473) | (750) |
| Payments related to tax withholding for net-share settled equity awards | (3,149) | (2,958) |
| Payments for contingent consideration | — | (338) |
| Net cash provided by (used in) financing activities | (13,377) | (14,895) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 617 | (6,567) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 34,495 | 18,503 |
| Cash, cash equivalents, and restricted cash at beginning of period | 333,246 | 291,320 |
| Cash, cash equivalents, and restricted cash at end of period | $367,741 | $309,823 |
| Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | ||
| Cash and cash equivalents | $364,889 | $307,081 |
| Restricted cash included in other assets | 2,852 | 2,742 |
| Total cash, cash equivalents, and restricted cash | $367,741 | $309,823 |
| Supplemental disclosures of cash flow information | ||
| Cash paid during the period for: | ||
| Interest | $73 | $5 |
| Income taxes | 33,265 | 35,958 |
| Cash received during the period for: | ||
| Income tax refund | 7 | 1,164 |
| Non-cash investing and financing activities: | ||
| Right-of-use assets obtained in exchange for lease obligations | 9,915 | 4,963 |
| Accrued purchases of property and equipment | 101 | 1,384 |
| Accrued excise tax for repurchase of common stock | 39 | 58 |
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