For the quarter ending 2025-12-31, AIT had -$12,730K decrease in cash & cash equivalents over the period. $93,382K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 95,349 | 100,807 | 392,988 |
| Depreciation and amortization of property | 6,590 | 6,486 | 24,899 |
| Other operating liabilities | - | - | 11,942 |
| Amortization of intangibles | 10,126 | 10,203 | 35,581 |
| Other operating assets | - | - | 11,448 |
| (recovery of) provision for losses on accounts receivable | 1,431 | -1,671 | 5,978 |
| Inventories | - | - | -29,181 |
| Amortization of stock appreciation rights | 1,393 | 1,494 | 4,713 |
| Accounts receivable | - | - | 4,918 |
| Other share-based compensation expense | 1,449 | 1,831 | 7,289 |
| Accounts payable | - | - | 2,169 |
| Changes in operating assets and liabilities, net of acquisitions | 25,646 | 584 | - |
| Deferred income taxes | - | - | -6,362 |
| Other, net | -8,967 | -751 | -373 |
| Life insurance proceeds | - | - | 0 |
| Net cash provided by operating activities | 99,659 | 119,317 | 492,385 |
| Net cash paid for acquisitions, net of cash acquired | 145 | 2,280 | 293,406 |
| Capital expenditures | 6,277 | 7,301 | 27,187 |
| Proceeds from property sales | 607 | 35 | 1,841 |
| Net cash used in investing activities | -5,815 | -9,546 | -318,752 |
| Long-term debt repayments | 0 | 0 | 25,106 |
| Interest rate swap settlement receipts | -2,385 | -2,698 | -12,095 |
| Payment of debt issuance costs | 1,611 | - | - |
| Purchases of treasury shares | 90,226 | 53,175 | 152,837 |
| Dividends paid | 17,340 | 17,383 | 63,702 |
| Acquisition holdback payments | 0 | 1,210 | 1,210 |
| Repayments under revolving credit facility | - | - | 0 |
| Exercise of stock appreciation rights and options | - | - | 0 |
| Borrowings under revolving credit facility | - | - | 0 |
| Exercise of stock appreciation rights and options | 1 | - | - |
| Taxes paid for shares withheld | 1,696 | 9,495 | 14,847 |
| Net cash used in financing activities | -108,489 | -78,565 | -245,607 |
| Effect of exchange rate changes on cash | 1,915 | -907 | -226 |
| Increase (decrease) in cash and cash equivalents | -12,730 | 30,299 | -72,200 |
| Cash and cash equivalents at beginning of period | 418,716 | 388,417 | - |
| Cash and cash equivalents at end of period | 405,986 | 418,716 | - |
APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)