| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 169,566 | 107,073 |
| Depreciation and amortization | 90,350 | 59,865 |
| Stock-based compensation expense | 16,868 | 10,949 |
| Loss on extinguishment of debt | -8,859 | -8,053 |
| Gain on sale of real estate | 19,716 | - |
| Other non-cash items | -9,860 | -6,514 |
| Accounts receivable, net | 145,752 | 168,012 |
| Inventories, net | -33,176 | -62,977 |
| Prepaid expenses and other assets | -11,069 | 4,899 |
| Accounts payable, trade | 24,333 | 33,012 |
| Accrued expenses and other liabilities | 53,491 | 39,405 |
| Net cash flows provided by operating activities | 252,104 | 154,937 |
| Capital expenditures | 38,071 | 21,774 |
| Acquisitions of businesses | 102,990 | 98,187 |
| Proceeds from sale of real estate | 22,674 | - |
| Other investing activities | 3,249 | 3,389 |
| Net cash flows used in investing activities | -121,636 | -123,350 |
| Vesting of stock-based awards, net of shares tendered for payment of taxes | -5,242 | -4,858 |
| Proceeds from revolving credit facility | 0 | 0 |
| Repayments under revolving credit facility | 19,261 | 19,261 |
| Proceeds from term loan borrowings | 391,000 | 391,000 |
| Repayments under term loan and other borrowings | 282,535 | 281,525 |
| Proceeds from issuance of convertible notes | 448,500 | 448,500 |
| Repurchase of convertible notes | 368,920 | 368,920 |
| Purchases of convertible note hedge contracts | 67,574 | 67,574 |
| Proceeds from issuance of warrants concurrent with note hedge contracts | 27,600 | 27,600 |
| Payment of dividends | 86,215 | 58,388 |
| Payment of debt issuance costs | - | 4,821 |
| Payments for repurchase of common stock | 128,571 | 66,338 |
| Partial unwind of convertible note hedge and warrants | - | 1,378 |
| Other financing activities | -4,998 | -895 |
| Net cash flows used in financing activities | -96,216 | -4,102 |
| Effect of exchange rate changes on cash and cash equivalents | -287 | -1,310 |
| Net increase in cash and cash equivalents | 33,965 | 26,175 |
| Cash and cash equivalents at beginning of period | 165,756 | - |
| Cash and cash equivalents at end of period | 199,721 | - |
LCI INDUSTRIES (LCII)
LCI INDUSTRIES (LCII)