GORMAN RUPP CO
For the period ended Sep 30, 2025. Filed Oct 27, 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.
Sep 30, 2025 · Filed Oct 27, 2025
GRC$70.19-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| (Dollars in thousands) | 2025 | 2024 |
| Cash flows from operating activities: | ||
| Net income | $39,269 | $29,138 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 20,820 | 20,973 |
| LIFO expense | 4,266 | 3,445 |
| Pension expense | 2,076 | 1,989 |
| Stock based compensation | 2,850 | 3,025 |
| Contributions to pension plans | (2,113) | (4,510) |
| Amortization of debt issuance fees | 886 | 6,110 |
| Gain on sale of property, plant, and equipment | (23) | (1,021) |
| Other | 270 | 296 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (3,085) | 1,426 |
| Inventories, net | 2,662 | (921) |
| Accounts payable | 7,926 | 2,885 |
| Commissions payable | 65 | (3,875) |
| Deferred revenue and customer deposits | 610 | (2,833) |
| Income taxes | 4,152 | 670 |
| Accrued expenses and other | 2,137 | (1,894) |
| Benefit obligations | 8,462 | 5,671 |
| Net cash provided by operating activities | 91,230 | 60,574 |
| Cash flows from investing activities: | ||
| Capital additions | (12,533) | (10,309) |
| Proceeds from sale of property, plant, and equipment | 60 | 2,278 |
| Other | 25 | - |
| Net cash used for investing activities | (12,448) | (8,031) |
| Cash flows from financing activities: | ||
| Cash dividends | (14,586) | (14,157) |
| Treasury share repurchases | (1,152) | (267) |
| Proceeds from bank borrowings | - | 400,000 |
| Payments to banks for borrowings | (45,000) | (428,375) |
| Debt issuance fees | - | (746) |
| Other | (90) | (86) |
| Net cash used for financing activities | (60,828) | (43,631) |
| Effect of exchange rate changes on cash | 770 | 271 |
| Net increase in cash and cash equivalents | 18,724 | 9,183 |
| Cash and cash equivalents: | ||
| Beginning of period | 24,213 | 30,518 |
| End of period | $42,937 | $39,701 |
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