Atkore Inc.
For the period ended Jun 27, 2025. Filed Aug 5, 2025.
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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, 2025 · Filed Aug 5, 2025
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
| Nine months ended | |||
|---|---|---|---|
| (in thousands) | Note | June 27, 2025 | June 28, 2024 |
| Operating activities: | |||
| Net income | $39,243 | $399,753 | |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 87,603 | 88,407 | |
| Deferred income taxes | 7 | (38,886) | (1,065) |
| Asset impairment charges | 14 | 127,733 | — |
| Loss on sale of business | 4 | 6,101 | — |
| Stock-based compensation | 21,056 | 14,273 | |
| Amortization of right-of-use assets | 23,494 | 21,200 | |
| (Gain) on disposal of property, plant and equipment | (5) | (621) | |
| Other non-cash adjustments to net income | 10,516 | 4,563 | |
| Changes in operating assets and liabilities, net of effects from acquisitions | |||
| Accounts receivable | (64,497) | 57,721 | |
| Inventories | 801 | (80,674) | |
| Prepaid expenses and other current assets | 1,119 | (11,636) | |
| Accounts payable | (24,080) | (52,093) | |
| Accrued and other liabilities | 9,857 | (60,136) | |
| Income taxes | (12,584) | (32,193) | |
| Other, net | 4,888 | 2,458 | |
| Net cash provided by operating activities | 192,359 | 349,957 | |
| Investing activities: | |||
| Capital expenditures | (84,920) | (105,098) | |
| Proceeds from sale of a business | 4 | 6,711 | — |
| Proceeds from sale of properties and equipment | 7,137 | 457 | |
| Proceeds from insurance claims | 1,770 | — | |
| Acquisition of businesses, net of cash acquired | 3 | — | (6,036) |
| Net cash used in investing activities | (69,302) | (110,677) | |
| Financing activities: | |||
| Payment for debt financing costs and fees | (2,041) | — | |
| Issuance of common stock, net of shares withheld for tax | (5,900) | (18,926) | |
| Repurchase of common stock | (100,026) | (281,019) | |
| Finance lease payments | (2,087) | (1,402) | |
| Dividends paid to shareholders | (33,095) | (23,248) | |
| Net cash used in financing activities | (143,149) | (324,595) | |
| Effects of foreign exchange rate changes on cash and cash equivalents | (276) | 858 | |
| Decrease in cash and cash equivalents | (20,368) | (84,457) | |
| Cash and cash equivalents at beginning of period | 351,385 | 388,114 | |
| Cash and cash equivalents at end of period | $331,017 | $303,657 | |
| Nine months ended | ||
|---|---|---|
| June 27, 2025 | June 28, 2024 | |
| Supplementary Cash Flow Information | ||
| Capital expenditures, not yet paid | $732 | $4,660 |
| Operating lease right-of-use assets obtained in exchange for lease liabilities | $4,986 | $45,453 |
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