elf Beauty Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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, 2024 · Filed Nov 7, 2024
ELF$118.51-0.7%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
(in thousands)
| Six months ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net income | $66,575 | $86,248 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation, amortization and non-cash lease expense | 23,803 | 12,311 |
| Stock-based compensation expense | 34,612 | 18,417 |
| Amortization of debt issuance costs and discount on debt | 276 | 149 |
| Deferred income taxes | 1,324 | 1,159 |
| Impairment of equity investment | — | 1,720 |
| Other, net | 18 | 221 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (21,221) | (18,812) |
| Inventory | (45,071) | (65,904) |
| Prepaid expenses and other assets | (48,863) | (27,090) |
| Accounts payable and accrued expenses | 5,188 | 45,112 |
| Other liabilities | (4,192) | (2,261) |
| Net cash provided by operating activities | 12,449 | 51,270 |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (2,409) | (1,465) |
| Other, net | (93) | — |
| Net cash used in investing activities | (2,502) | (1,465) |
| Cash flows from financing activities: | ||
| Repayment of long-term debt | (5,375) | (2,500) |
| Debt issuance costs paid | — | (665) |
| Repurchase of common stock | (17,076) | — |
| Proceeds from exercise of stock options | 533 | 750 |
| Other, net | (58) | (405) |
| Net cash used in financing activities | (21,976) | (2,820) |
| Effect of exchange rate changes on cash and cash equivalents | 614 | — |
| Net (decrease) increase in cash and cash equivalents | (11,415) | 46,985 |
| Cash and cash equivalents - beginning of period | 108,183 | 120,778 |
| Cash and cash equivalents - end of period | $96,768 | $167,763 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.