Compass Diversified Holdings
For the period ended Mar 31, 2026. Filed May 6, 2026.
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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, 2026 · Filed May 6, 2026
CODI$11.93+0.6%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
| COMPASS DIVERSIFIED HOLDINGS | ||
|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
| (Unaudited) | ||
| Three months ended March 31, | ||
| (in thousands) | 2026 | 2025 |
| Cash flows from operating activities: | ||
| Net loss | $(30,674) | $(49,710) |
| Gain on sale of discontinued operations | 157 | 44 |
| Loss from continuing operations | (30,831) | (49,754) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
| Depreciation expense | 11,902 | 12,301 |
| Amortization expense - intangibles | 22,844 | 23,351 |
| Amortization of debt issuance costs | 2,047 | 1,125 |
| Impairment expense | 20,500 | — |
| Noncontrolling stockholder stock based compensation | 2,559 | 4,012 |
| Provision for receivable and inventory reserves | 447 | (26) |
| Deferred income taxes | (3,543) | (6,874) |
| Gain on sale-leaseback | (10,383) | — |
| Other | 652 | (912) |
| Changes in operating assets and liabilities, net of acquisitions: | ||
| Accounts receivable | (2,913) | 7,940 |
| Inventories | 7,202 | (27,839) |
| Other current and non-current assets | 13,035 | 5,768 |
| Accounts payable and accrued expenses | (9,604) | 1,560 |
| Cash provided by (used in) operating activities | 23,914 | (29,348) |
| Cash flows from investing activities: | ||
| Acquisitions, net of cash acquired | — | 495 |
| Purchases of property and equipment | (5,107) | (13,100) |
| Proceeds from sale of businesses | 157 | 44 |
| Other investing activities | 11,176 | (361) |
| Cash provided by (used in) investing activities | 6,226 | (12,922) |
| COMPASS DIVERSIFIED HOLDINGS | ||
|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
| (Unaudited) | ||
| Three months ended March 31, | ||
| (in thousands) | 2026 | 2025 |
| Cash flows from financing activities: | ||
| Proceeds and expenses from issuance of Trust common shares, net | — | (35) |
| Proceeds and expenses from issuance of Trust preferred shares, net | — | 58,137 |
| Borrowings - revolving credit facility | 24,000 | 50,000 |
| Repayments - revolving credit facility | (24,000) | (160,000) |
| Borrowings - term loan | — | 200,000 |
| Principal payments - term loan | (18,500) | (3,750) |
| Subsidiary financing arrangements - borrowings | — | 24,007 |
| Subsidiary financing arrangements - repayments | — | (8,361) |
| Distributions paid - common shares | — | (18,809) |
| Distributions paid - preferred shares | (9,714) | (8,434) |
| Net proceeds provided by noncontrolling shareholders | 4,875 | 1,362 |
| Purchase of noncontrolling interest | (9,456) | (4,665) |
| Debt issuance costs | — | (1,199) |
| Other | (14) | (13) |
| Net cash provided by (used in) financing activities | (32,809) | 128,240 |
| Foreign currency impact on cash | (163) | 606 |
| Net (decrease) increase in cash and cash equivalents | (2,832) | 86,576 |
| Cash and cash equivalents — beginning of period | 68,015 | 59,659 |
| Cash and cash equivalents — end of period (1) | $65,183 | $146,235 |
| Supplemental Cash Flow Disclosure: | ||
| Non-cash financing activities (2) | $— | $3,730 |
(1) Includes cash from assets held for sale of $4.4 million at March 31, 2026.
(2)Represents the non-cash settlement of subsidiary financing arrangements.
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