ICHOR HOLDINGS LTD
For the period ended Dec 27, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
ICHR$35.27+2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(in thousands)
| Year Ended | |||
|---|---|---|---|
| December 27,2024 | December 29,2023 | December 30,2022 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $(20,820) | $(42,985) | $72,804 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation and amortization | 30,744 | 34,577 | 35,100 |
| Share-based compensation | 15,576 | 17,338 | 13,924 |
| Deferred income taxes | (782) | 9,314 | (3,215) |
| Amortization of debt issuance costs | 465 | 465 | 465 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable, net | (19,898) | 69,600 | 6,669 |
| Inventories | (4,217) | 37,775 | (47,527) |
| Prepaid expenses and other assets | 2,343 | 10,204 | 4,508 |
| Accounts payable | 29,110 | (50,974) | (50,175) |
| Accrued liabilities | 929 | (9,766) | 3,648 |
| Other liabilities | (5,570) | (17,916) | (4,748) |
| Net cash provided by operating activities | 27,880 | 57,632 | 31,453 |
| Cash flows from investing activities: | |||
| Capital expenditures | (17,636) | (15,496) | (29,433) |
| Cash paid for acquisitions, net of cash acquired | — | — | 500 |
| Net cash used in investing activities | (17,636) | (15,496) | (28,933) |
| Cash flows from financing activities: | |||
| Issuance of ordinary shares, net of fees | 136,738 | — | — |
| Issuance of ordinary shares under share-based compensation plans | 7,800 | 7,521 | 3,768 |
| Employees' taxes paid upon vesting of restricted share units | (5,443) | (3,672) | (2,813) |
| Borrowings on revolving credit facility | — | — | 25,000 |
| Repayments on revolving credit facility | (115,000) | (45,000) | (10,000) |
| Repayments on term loan | (5,625) | (7,500) | (7,500) |
| Net cash provided by (used in) financing activities | 18,470 | (48,651) | 8,455 |
| Net increase (decrease) in cash | 28,714 | (6,515) | 10,975 |
| Cash at beginning of period | 79,955 | 86,470 | 75,495 |
| Cash at end of period | $108,669 | $79,955 | $86,470 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid during the period for interest | $11,650 | $20,368 | $10,590 |
| Cash paid during the period for taxes, net of refunds | $3,333 | $3,877 | $3,285 |
| Supplemental disclosures of non-cash activities: | |||
| Capital expenditures included in accounts payable | $4,961 | $625 | $1,543 |
| Right-of-use assets obtained in exchange for new operating lease liabilities, including those acquired through acquisitions | $16,418 | $4,789 | $17,889 |
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