For the year ending 2025-12-31, GLDD had $3,145K increase in cash & cash equivalents over the period. $99,460K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Contract revenues | 888,277 |
| Direct contract cost | 502,597 |
| Plant expenses excluding depreciation expense | 138,773 |
| Depreciation expense | 43,422 |
| General and administrative expenses | 77,970 |
| Other (gains) losses | 2,273 |
| Interest expense | 17,312 |
| Loss on extinguishment of debt | -10,822 |
| Interest income | 561 |
| Other (income) expense | 105 |
| Income tax provision | 26,851 |
| Net income | 73,469 |
| Depreciation and amortization | 43,422 |
| Deferred income taxes | 25,182 |
| Gain on sale of assets | 2,273 |
| Amortization of capitalized contract costs | 17,492 |
| Amortization of deferred financing fees | 3,060 |
| Loss on extinguishment of debt | -10,822 |
| Share-based compensation expense | 11,470 |
| Accounts receivable | -47,861 |
| Contract revenues in excess of billings | 6,913 |
| Inventories | 436 |
| Prepaid expenses and other current assets | 9,810 |
| Accounts payable and accrued expenses | 14,172 |
| Billings in excess of contract revenues | 8,984 |
| Other noncurrent assets and liabilities | -10,176 |
| Cash provided by operating activities | 246,678 |
| Purchases of property and equipment | 147,218 |
| Proceeds from dispositions of property and equipment | 2,609 |
| Cash used in investing activities | -144,609 |
| Deferred financing fees | 2,168 |
| Payment for extinguishment of debt | 3,111 |
| Taxes paid on settlement of vested share awards | 1,206 |
| Exercise of options and purchases from employee stock plans | 1,180 |
| Borrowings under revolving loans | 271,000 |
| Repayments of second lien term loan | 100,000 |
| Repayments of revolving loans | 251,000 |
| Repurchases of common stock | 11,594 |
| Payments on finance lease obligations | 2,025 |
| Cash (used in) provided by financing activities | -98,924 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 3,145 |
| Cash, cash equivalents and restricted cash at beginning of period | 10,216 |
| Cash, cash equivalents and restricted cash at end of period | 13,361 |
Great Lakes Dredge & Dock CORP (GLDD)
Great Lakes Dredge & Dock CORP (GLDD)