GORMAN RUPP CO
For the period ended Mar 31, 2025. Filed Apr 28, 2025.
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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.
Mar 31, 2025 · Filed Apr 28, 2025
GRC$67.76-0.5%Stored close · as of Nov 6, 2026
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Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Three Months EndedMarch 31, | ||
|---|---|---|
| (Dollars in thousands) | 2025 | 2024 |
| Cash flows from operating activities: | ||
| Net income | $12,128 | $7,884 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 6,963 | 7,065 |
| LIFO expense | 995 | 993 |
| Pension expense | 696 | 663 |
| Stock based compensation | 1,048 | 1,074 |
| Amortization of debt issuance fees | 295 | 767 |
| Other | (489) | 97 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (5,359) | (5,425) |
| Inventories, net | (231) | 1,462 |
| Accounts payable | 2,408 | 4,624 |
| Commissions payable | 2,471 | (1,826) |
| Deferred revenue and customer deposits | (1,548) | (169) |
| Income taxes | 2,608 | 2,406 |
| Accrued expenses and other | 589 | (4,120) |
| Benefit obligations | (1,474) | (4,753) |
| Net cash provided by operating activities | 21,100 | 10,742 |
| Cash flows from investing activities: | ||
| Capital additions | (3,020) | (3,906) |
| Other | 19 | 52 |
| Net cash used for investing activities | (3,001) | (3,854) |
| Cash flows from financing activities: | ||
| Cash dividends | (4,852) | (4,715) |
| Treasury share repurchases | (1,141) | (267) |
| Payments to banks for borrowings | (14,625) | (4,375) |
| Other | (30) | (17) |
| Net cash used for financing activities | (20,648) | (9,374) |
| Effect of exchange rate changes on cash | 176 | (260) |
| Net increase (decrease) in cash and cash equivalents | (2,373) | (2,746) |
| Cash and cash equivalents: | ||
| Beginning of period | 24,213 | 30,518 |
| End of period | $21,840 | $27,772 |
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