Blue Bird Corp
For the period ended Jun 27, 2026. Filed Aug 5, 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.
Jun 27, 2026 · Filed Aug 5, 2026
BLBD$57.34-4.9%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
| Nine Months Ended | ||
|---|---|---|
| (in thousands of dollars) | June 27, 2026 | June 28, 2025 |
| Cash flows from operating activities | ||
| Net income | $245,312 | $91,223 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization expense | 16,791 | 11,671 |
| Non-cash interest expense | 236 | 249 |
| Share-based compensation expense | 5,564 | 12,910 |
| Equity in net income of non-consolidated affiliates | (2,224) | (2,975) |
| Loss on disposal of fixed assets | 52 | 316 |
| Deferred income tax expense (benefit) | 95 | (5,442) |
| Amortization of deferred actuarial pension losses | 315 | 209 |
| Pension plan settlement loss (Note 14) | 19,562 | — |
| Gain from acquisition of joint venture (Note 13) | (160,522) | — |
| Changes in assets and liabilities: | ||
| Accounts receivable | (32,848) | 37,991 |
| Inventories | (17,894) | (23,244) |
| Other assets | (3,097) | (8,709) |
| Accounts payable | 7,663 | 7,305 |
| Accrued expenses, pension and other liabilities | 36,372 | (10,408) |
| Total adjustments | $(129,935) | $19,873 |
| Total cash provided by operating activities | $115,377 | $111,096 |
| Cash flows from investing activities | ||
| Cash paid for fixed assets | $(22,695) | $(18,215) |
| Equity investment in affiliates (Note 11) | (190) | (850) |
| Business acquisition, net of cash acquired (Note 13) | (49,641) | — |
| Total cash used in investing activities | $(72,526) | $(19,065) |
| Cash flows from financing activities | ||
| Term loan repayments | $(3,750) | $(3,750) |
| Repayment of Micro Bird debt (Note 4) | (129,618) | — |
| Principal payments on finance leases | (231) | (981) |
| Repurchase of common stock in connection with repurchase programs (Note 12) | (19,948) | (38,993) |
| Repurchase of common stock in connection with stock award exercises | (2,574) | (4,412) |
| Cash received from stock option exercises | 781 | 1,484 |
| Total cash used in financing activities | $(155,340) | $(46,652) |
| Change in cash and cash equivalents | (112,489) | 45,379 |
| Cash and cash equivalents at beginning of period | 229,313 | 127,687 |
| Cash and cash equivalents at end of period | $116,824 | $173,066 |
| Nine Months Ended | ||
|---|---|---|
| (in thousands of dollars) | June 27, 2026 | June 28, 2025 |
| Supplemental disclosures of cash flow information | ||
| Cash paid or received during the period: | ||
| Interest paid | $4,989 | $5,710 |
| Interest received | (5,018) | (4,132) |
| Income tax paid, net of tax refunds | 16,728 | 43,594 |
| Non-cash investing and financing activities: | ||
| Changes in accounts payable for capital additions to property, plant and equipment | $2,402 | $1,573 |
| Right-of-use assets obtained in exchange for operating lease obligations | 3,713 | — |
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