GRC: the cash flow

MyFinsight

For the year ending 2025-12-31, GRC had $10,870K increase in cash & cash equivalents over the period. $88,852K in free cash flow.

Cash Flow	2025-12-31
Net sales	682,389
Cost of material	329,137
Labor	85,362
Overhead	58,743
Selling	48,212
General and administrative	53,204
Amortization expense	12,368
Operating income	95,363
Interest expense	23,396
Other income (expense)	-2,803
Income before income taxes	69,164
Income taxes	16,147
Net income	53,017
Depreciation and amortization	27,709
Lifo expense	4,396
Pension expense	2,738
Contributions to pension plan	2,700
Stock based compensation	3,579
Amortization of debt issuance fees	1,181
Deferred income tax charge (benefit)	10,341
Gain on sale of property, plant, and equipment	843
Other	351
Accounts receivable, net	-877
Inventories, net	-1,179
Accounts payable	452
Commissions payable	193
Deferred revenue and customer deposits	678
Accrued expenses and other	4,240
Income taxes	-3,875
Benefit obligations	2,715
Net cash provided by operating activities	106,228
Capital additions	17,376
Proceeds from sale of property, plant, and equipment	1,861
Other	-172
Net cash used for investing activities	-15,343
Cash dividends	19,588
Treasury share repurchases	1,152
Proceeds from bank borrowings	0
Payments to banks for borrowings	60,000
Debt issuance fees	0
Other	-118
Net cash used for financing activities	-80,858
Effect of exchange rate changes on cash	843
Net increase (decrease) in cash and cash equivalents	10,870
Beginning of year	24,213
End of period	35,083

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