For the quarter ending 2025-09-30, CBZ had -$22,632K decrease in cash & cash equivalents over the period. $22,056K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 30,146 | 164,715 |
| Gain on sale of operations, net of tax | 1,124 | - |
| Depreciation and amortization expense | 24,455 | 49,858 |
| Bad debt expense, net of recoveries | 1,354 | 1,862 |
| Adjustment to contingent purchase price liabilities | 497 | 1,487 |
| Stock-based compensation expense | 7,333 | 12,239 |
| Deferred income taxes | -8,333 | 17,148 |
| Other, net | 2,573 | 2,683 |
| Accounts receivable, net | 43,777 | 143,107 |
| Other assets | 18,612 | 12,459 |
| Accounts payable | -19,686 | 28,848 |
| Income taxes payable | 18,245 | 28,119 |
| Accrued personnel costs | 41,599 | -75,561 |
| Other liabilities | -10,704 | -50,952 |
| Net cash provided by operating activities | 23,966 | 24,880 |
| Business acquisitions and purchases of client lists, net of cash acquired | 0 | 0 |
| Purchases of client fund investments | 16,250 | 19,350 |
| Proceeds from the sales and maturities of client fund investments | 10,000 | 21,645 |
| Proceeds from sales of divested operations | 1,124 | 289 |
| Change in funds held for clients | -2,297 | 2,285 |
| Additions to property and equipment | 1,910 | 13,125 |
| Other, net | -125 | -527 |
| Net cash used in investing activities | -4,614 | -12,299 |
| Proceeds from bank debt | 343,800 | 849,600 |
| Payment of bank debt | 330,700 | 696,800 |
| Deferred financing costs | 0 | 983 |
| Payment for acquisition of treasury stock | 56,433 | 71,321 |
| Indirect repurchase of shares for minimum tax withholding | 39 | 7,758 |
| Changes in client funds obligations | -8,885 | 57,223 |
| Payment of contingent consideration for acquisitions and client lists | 7,061 | 48,764 |
| Other, net | -436 | - |
| Net cash used in financing activities | -41,984 | -33,249 |
| Net decrease in cash, cash equivalents and restricted cash | -22,632 | -20,668 |
| Cash and cash equivalents at beginning of period | 187,170 | - |
| Cash and cash equivalents at end of period | 143,870 | - |
CBIZ, Inc. (CBZ)
CBIZ, Inc. (CBZ)