FRIEDMAN INDUSTRIES INC (FRD)
FRIEDMAN INDUSTRIES INC (FRD)
| Cash Flow | 2026-03-31 |
|---|---|
| Net earnings | 19,533 |
| Depreciation and amortization | 3,824 |
| Deferred taxes | 1,283 |
| Compensation expense for restricted stock | 683 |
| Change in post-retirement benefits | -19 |
| Change in cash surrender value of officers life insurance | 15 |
| Loss (gain) recognized on open derivatives not designated for hedge accounting | -622 |
| Gain on disposal of property, plant and equipment | 0 |
| Amortization of right-of-use asset | -80 |
| Gain on fair value adjustment to contingent consideration | 1,420 |
| Accounts receivable | 19,326 |
| Inventories | 23,912 |
| Other current assets | 826 |
| Accounts payable and accrued expenses | 22,187 |
| Income taxes payable | -647 |
| Employee compensation and related expenses | 6,463 |
| Net cash provided by (used in) operating activities | 8,540 |
| Cash paid for century business combination | 45,597 |
| Purchase of property, plant and equipment | 7,161 |
| Proceeds from sale of assets | 0 |
| Deposit on steel processing equipment | 0 |
| Net cash used in investing activities | -52,758 |
| Debt issuance cost | 395 |
| Cash dividends paid | 1,132 |
| Cash paid for principal portion of finance lease | 0 |
| Cash paid for share repurchases | 10 |
| Borrowings on asset based lending facility | 779,678 |
| Repayments on asset based lending facility | 734,841 |
| Net cash provided by financing activities | 43,300 |
| Decrease in cash and restricted cash | -918 |
| Cash and restricted cash at beginning of period | 4,148 |
| Cash and restricted cash at end of period | 3,230 |