Ecovyst Inc
For the period ended Sep 30, 2024. Filed Nov 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.
Sep 30, 2024 · Filed Nov 1, 2024
ECVT$10.65-1.0%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
| Nine months endedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net income | $23,767 | $41,225 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation | 56,225 | 51,920 |
| Amortization | 10,559 | 10,536 |
| Amortization of deferred financing costs and original issue discount | 1,320 | 1,548 |
| Debt extinguishment costs | 90 | — |
| Foreign currency exchange loss (gain) | 531 | (41) |
| Deferred income tax benefit | (4,450) | (1,011) |
| Net loss on asset disposals | 832 | 3,326 |
| Stock compensation | 10,460 | 12,547 |
| Equity in net income from affiliated companies | (2,543) | (16,305) |
| Dividends received from affiliated companies | 33,000 | 10,000 |
| Other, net | (7,859) | (5,270) |
| Working capital changes that provided (used) cash: | ||
| Receivables | 7,588 | (8,939) |
| Inventories | (7,404) | (3,909) |
| Prepaids and other current assets | (8,266) | 856 |
| Accounts payable | (5,806) | (3,694) |
| Accrued liabilities | (1,649) | (19,383) |
| Net cash provided by operating activities | 106,395 | 73,406 |
| Cash flows from investing activities: | ||
| Purchases of property, plant and equipment | (51,725) | (53,642) |
| Investment in non-marketable equity securities | (4,500) | — |
| Net cash used in investing activities | (56,225) | (53,642) |
| Cash flows from financing activities: | ||
| Draw down of revolving credit facilities | — | 14,500 |
| Repayments of revolving credit facilities | — | (14,500) |
| Issuance of long-term debt, net of original issue discount and financing fees | 870,817 | — |
| Repayments of long-term debt | (877,500) | (6,750) |
| Repurchases of common shares | (5,010) | (78,717) |
| Tax withholdings on equity award vesting | (1,218) | (3,372) |
| Repayment of financing obligation | (2,354) | (2,087) |
| Other, net | 153 | 457 |
| Net cash used in financing activities | (15,112) | (90,469) |
| Effect of exchange rate changes on cash and cash equivalents | 51 | (1,898) |
| Net change in cash and cash equivalents | 35,109 | (72,603) |
| Cash and cash equivalents at beginning of period | 88,365 | 110,920 |
| Cash and cash equivalents at end of period | $123,474 | $38,317 |
For supplemental cash flow disclosures, see Note 20.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.