EASTERN CO
For the period ended Oct 3, 2026. Filed Nov 10, 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.
Oct 3, 2026 · Filed Nov 10, 2026
EML$29.48+8.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Nine Months Ended | ||
|---|---|---|
| October 3, 2026 | September 27, 2025 | |
| Operating Activities | ||
| Net income | $9,735,348 | $5,962,793 |
| Less: Income from discontinued operations | - | 1,180,739 |
| Income from continuing operations | $9,735,348 | $4,782,054 |
| Adjustments to reconcile net income to net cash provided | ||
| by operating activities: | ||
| Depreciation and amortization | 5,107,307 | 4,846,679 |
| Bargain purchase gain | (6,529,299) | - |
| Reduction in carrying amount of ROU assets | 1,508,382 | 2,200,274 |
| Unrecognized pension and postretirement benefit | (1,312,423) | (689,806) |
| (Gain) loss on sale of equipment | (40,278) | 176,254 |
| Provision for doubtful accounts | 100,512 | 17,000 |
| Stock compensation expense | 517,917 | 599,372 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (10,664,033) | 8,050,261 |
| Inventories | 239,037 | (722,705) |
| Prepaid expenses and other | (3,823,040) | (387,479) |
| Other assets | (193,514) | 214,725 |
| Accounts payable | 11,656,678 | (3,274,997) |
| Accrued compensation | 1,594,761 | (906,067) |
| Operating lease liability | (1,508,382) | (2,200,274) |
| Other accrued expenses | 2,495,315 | (7,683,977) |
| Net cash provided by operating activities | 8,884,288 | 5,021,314 |
| Investing Activities | ||
| Marketable securities | (239,650) | 2,222,059 |
| Acquisition | (8,041,927) | (421,039) |
| Payments received from notes receivable | 5,000 | 14,545 |
| Proceeds from sale of equipment | 4,000 | 800 |
| Proceeds from sale of discontinued operations | - | 1,593,646 |
| Purchases of property, plant, and equipment | (2,373,431) | (1,643,885) |
| Net cash (used in) provided by investing activities | (10,646,008) | 1,766,126 |
| Financing Activities | ||
| Proceeds from long-term debt | 8,000,000 | - |
| Proceeds from promissory note | 785,000 | - |
| Principal payments on long-term debt | (3,015,894) | (7,044,065) |
| Financing leases, net | (676,126) | (592,699) |
| Purchase common stock for treasury | (827,873) | (2,975,152) |
| Dividends paid | (1,989,055) | (2,016,239) |
| Net cash provided by (used in) financing activities | 2,276,052 | (12,628,155) |
| Effect of exchange rate changes on cash | (23,742) | 225,126 |
| Net change in cash and cash equivalents | 490,590 | (5,615,589) |
| Cash and cash equivalents at beginning of period | 7,412,019 | 14,843,529 |
| Cash and cash equivalents at end of period | $7,902,609 | $9,227,940 |
| Supplemental disclosure of cash flow information: | ||
| Interest | $1,836,971 | $2,110,688 |
| Income taxes | 2,350,764 | 2,078,175 |
| Non-cash investing and financing activities | ||
| Right of use asset | 3,824,571 | 4,552,886 |
| Lease liability | 3,708,022 | 4,016,861 |
| See accompanying notes. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.