Quanex Building Products CORP
For the period ended Jan 31, 2025. Filed Mar 11, 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.
Jan 31, 2025 · Filed Mar 11, 2025
NX$21.17-3.2%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 – Three
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| Three Months Ended | ||
|---|---|---|
| January 31, | ||
| 2025 | 2024 | |
| (In thousands) | ||
| Operating activities: | ||
| Net (loss) income | $(14,885) | $6,249 |
| Adjustments to reconcile net income to cash provided by operating activities: | ||
| Depreciation and amortization | 24,740 | 11,152 |
| Stock-based compensation | 902 | 583 |
| Deferred income tax | 2,851 | 1,136 |
| Other, net | 6,173 | 1,790 |
| Changes in assets and liabilities: | ||
| Decrease in accounts receivable | 30,330 | 18,147 |
| Increase in inventory | (8,602) | (8,756) |
| Increase in other current assets | (8,985) | (1,680) |
| Decrease in accounts payable | (16,548) | (19,044) |
| Decrease in accrued liabilities | (22,558) | (7,181) |
| (Decrease) increase in income taxes payable | (5,087) | 264 |
| (Decrease) increase in other long-term liabilities | (247) | 852 |
| Other, net | (594) | 342 |
| Cash (used for) provided by operating activities | (12,510) | 3,854 |
| Investing activities: | ||
| Capital expenditures | (11,624) | (9,580) |
| Proceeds from disposition of capital assets | 169 | 31 |
| Cash used for investing activities | (11,455) | (9,549) |
| Financing activities: | ||
| Borrowings under credit facilities | 45,000 | — |
| Repayments of credit facility borrowings | (56,250) | (5,000) |
| Repayments of other long-term debt | (2,026) | (679) |
| Common stock dividends paid | (3,812) | (2,645) |
| Issuance of common stock | 214 | 400 |
| Payroll tax paid to settle shares forfeited upon vesting of stock | (1,400) | (1,193) |
| Purchase of treasury stock | (3,698) | — |
| Cash used for financing activities | (21,972) | (9,117) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (1,590) | 760 |
| Decrease in cash, cash equivalents and restricted cash | (47,527) | (14,052) |
| Cash, cash equivalents and restricted cash at beginning of period | 102,995 | 58,474 |
| Cash, cash equivalents and restricted cash at end of period | $55,468 | $44,422 |
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