MEI: the cash flow

MyFinsight

Cash Flow	2026-05-02
Net income (loss)	-35,700
Depreciation and amortization	58,800
Stock-based compensation expense	8,500
Amortization of debt issuance costs	1,600
Partial write-off of unamortized debt issuance costs	600
(gain) loss on sale of property, plant and equipment	400
(gain) loss on sale of business	11,200
Impairment of long-lived assets	1,200
Inventory obsolescence	8,000
Goodwill impairment	0
Change in deferred income taxes	-1,700
Other	900
Accounts receivable, net	12,300
Inventories, net	-7,900
Prepaid expenses and other assets	-4,700
Accounts payable	7,400
Other liabilities	-1,900
Net cash provided (used) by operating activities	38,000
Purchases of property, plant and equipment	22,400
Proceeds from redemption of life insurance	-3,200
Proceeds from settlement of net investment hedge	0
Proceeds from disposition of assets	5,300
Proceeds from sale of business	15,200
Net cash provided (used) by investing activities	1,300
Taxes paid related to net share settlement of equity awards	1,400
Repayments of finance leases	200
Debt issuance costs	1,600
Purchases of common stock	0
Cash dividends	8,300
Purchase of redeemable noncontrolling interest	0
Proceeds from borrowings	88,500
Repayments of borrowings	91,200
Net cash provided (used) by financing activities	-14,200
Effect of foreign currency exchange rate changes on cash and cash equivalents	10,900
Increase (decrease) in cash and cash equivalents	36,000
Cash and cash equivalents at beginning of the year	103,600
Cash and cash equivalents at end of the year	139,600

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