Atkore Inc
For the period ended Dec 29, 2023. Filed Feb 1, 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.
Dec 29, 2023 · Filed Feb 1, 2024
ATKR$94.96+0.0%Stored close · as of Oct 16, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Three months ended | |||
|---|---|---|---|
| (in thousands) | Note | December 29, 2023 | December 30, 2022 |
| Operating activities: | |||
| Net income | $138,381 | $173,492 | |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 29,020 | 25,967 | |
| Deferred income taxes | 6 | (1,668) | 3,275 |
| Stock-based compensation | 4,757 | 5,270 | |
| Amortization of right-of-use assets | 6,140 | 3,538 | |
| Other non-cash adjustments to net income | 2,074 | 1,410 | |
| Changes in operating assets and liabilities, net of effects from acquisitions | |||
| Accounts receivable | 43,837 | 26,841 | |
| Inventories | 2,015 | 11,565 | |
| Prepaid expenses and other current assets | (9,140) | (6,930) | |
| Accounts payable | (42,014) | (48,826) | |
| Accrued and other liabilities | (15,946) | (36,070) | |
| Income taxes | (260) | 38,787 | |
| Other, net | 910 | 532 | |
| Net cash provided by operating activities | 158,106 | 198,851 | |
| Investing activities: | |||
| Capital expenditures | (44,331) | (35,006) | |
| Acquisition of businesses, net of cash acquired | 3 | (5,973) | (82,181) |
| Net cash used in investing activities | (50,304) | (117,187) | |
| Financing activities: | |||
| Issuance of common stock, net of shares withheld for tax | (21,299) | (14,775) | |
| Repurchase of common stock | (96,428) | (150,056) | |
| Finance lease payments | (427) | — | |
| Net cash used for financing activities | (118,154) | (164,831) | |
| Effects of foreign exchange rate changes on cash and cash equivalents | 3,160 | 2,243 | |
| Decrease in cash and cash equivalents | (7,192) | (80,924) | |
| Cash and cash equivalents at beginning of period | 388,114 | 388,751 | |
| Cash and cash equivalents at end of period | $380,922 | $307,827 | |
| Supplementary Cash Flow information | |||
| Capital expenditures, not yet paid | $5,030 | $7,227 | |
| Operating lease right-of-use assets obtained in exchange for lease liabilities | $24,752 | $1,181 | |
| Acquisitions of businesses, not yet paid | $— | $14,125 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.