CNXN: the cashflow

MyFinsight

For the quarter ending 2025-09-30, CNXN had $1,101K increase in cash & cash equivalents over the period. $62,279K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income	24,740	38,270
Depreciation and amortization	2,888	5,965
Adjustments to credit losses reserve	175	1,058
Stock-based compensation expense	2,433	4,669
Deferred income taxes	3,185	-
Amortization of discount on short-term investments, net	-60	1,672
Gain on sale of short-term investments	0	76
Loss on disposal of fixed assets	-10	-20
Accounts receivable	-20,158	26,662
Inventories	1,531	38,433
Prepaid expenses and other current assets	712	4,142
Other non-current assets	2,174	1,629
Accounts payable	8,537	3,368
Accrued expenses and other liabilities	6,380	-6,865
Net cash provided by operating activities	64,149	-26,129
Purchases of short-term investments	103,216	52,358
Proceeds from sale of short-term investments	0	108,763
Maturities of short-term investments	51,328	50,000
Purchases of property and equipment	1,870	3,331
Net cash provided by (used in) investing activities	-53,758	103,074
Proceeds from short-term borrowings	0	732
Repayment of short-term borrowings	0	732
Purchase of common stock for treasury shares	5,066	60,464
Payments for excise tax on treasury purchases	0	36
Dividend payments	3,799	7,720
Issuance of stock under employee stock purchase plan	0	619
Payment of payroll taxes on stock-based compensation through shares withheld	425	918
Net cash used in financing activities	-9,290	-68,519
Increase in cash and cash equivalents	1,101	8,426
Cash and cash equivalents at beginning of period	178,318	-
Cash and cash equivalents at end of period	187,845	-

Unit: Thousand (K) dollars