WEYCO GROUP INC
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 13, 2026
WEYS$60.68-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| | | | | | | |
|---|---|---|---|---|---|---|
| · · 2025 · · 2024 | ||||||
| · · (Dollars in thousands) | ||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: · · · · | ||||||
| Net earnings | | $23,078 | | $30,320 | ||
| Adjustments to reconcile net earnings to net cash provided by operating activities - | | | | | ||
| Depreciation | | 2,619 | | 2,483 | ||
| Amortization | | 262 | | 264 | ||
| Bad debt expense | | 78 | | 110 | ||
| Deferred income taxes | | 327 | | 1,057 | ||
| Net foreign currency transaction losses (gains) | | 13 | | (12) | ||
| Share-based compensation expense | | 1,683 | | 1,450 | ||
| Pension expense | | 291 | | 962 | ||
| Impairment of trademark | | | — | | | 300 |
| Loss on disposal of fixed assets | | | 67 | | | 36 |
| Increase in cash surrender value of life insurance | | (841) | | (738) | ||
| Changes in operating assets and liabilities - | | | | | ||
| Accounts receivable | | (1,513) | | 1,780 | ||
| Inventories | | 8,057 | | 821 | ||
| Prepaid expenses and other assets | | 384 | | 3,250 | ||
| Accounts payable | | 2,850 | | (419) | ||
| Accrued liabilities and other | | (1,817) | | (3,078) | ||
| Accrued income taxes | | 1,716 | | (857) | ||
| Net cash provided by operating activities | | 37,254 | | 37,729 | ||
| | | | | | | |
| CASH FLOWS FROM INVESTING ACTIVITIES: | | | | | ||
| Proceeds from maturities of marketable securities | | 1,125 | | 215 | ||
| Proceeds from sale of marketable securities | | | 384 | | | — |
| Purchases of property, plant and equipment | | (1,751) | | (1,386) | ||
| Net cash used for investing activities | | (242) | | (1,171) | ||
| | | | | | | |
| CASH FLOWS FROM FINANCING ACTIVITIES: | | | | | ||
| Cash dividends paid | | (7,732) | | (9,688) | ||
| Prefunded dividend | | — | | (21,579) | ||
| Shares purchased and retired | | (5,268) | | (586) | ||
| Net proceeds from stock options exercised | | 5 | | | 51 | |
| Taxes paid related to the net share settlement of equity awards | | (231) | | | (419) | |
| Net cash used for financing activities | | (13,226) | | (32,221) | ||
| | | | | | | |
| Effect of exchange rate changes on cash and cash equivalents | | 1,257 | | (2,686) | ||
| | | | | | | |
| Net increase in cash and cash equivalents | | $25,043 | | $1,651 | ||
| | | | | | | |
| CASH AND CASH EQUIVALENTS at beginning of year | | 70,963 | | | 69,312 | |
| | | | | | | |
| CASH AND CASH EQUIVALENTS at end of year | | $96,006 | | $70,963 | ||
| | | | | | | |
| SUPPLEMENTAL CASH FLOW INFORMATION: | | | | | ||
| Income taxes paid, net of refunds | | $6,855 | | $9,401 | ||
| Interest paid | | $2 | | $15 | ||
| | | | | | ||
| NON-CASH FINANCING ACTIVITY: | | | | | | |
| Settlement of dividend payable with prefunded dividend | | $21,579 | | $— | ||
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