MGRC: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net income	106,479	64,181
Depreciation and amortization	79,717	52,739
Deferred income taxes	-22,918	-12,764
Provision for credit losses	1,266	826
Share-based compensation	8,088	5,322
Gain on sale of used rental equipment	30,188	16,674
Foreign currency exchange (gain)	54	86
Amortization of debt issuance costs	204	45
Accounts receivable	23,270	15,285
Inventories	-882	-2,007
Prepaid expenses and other assets	1,884	5,270
Accounts payable	-8,041	-8,402
Accrued liabilities	-1,854	2,403
Deferred income	20,502	15,124
Net cash provided by operating activities	174,765	109,694
Purchases of rental equipment	91,516	50,230
Purchases of property, plant and equipment	33,235	21,621
Cash paid for acquisition of businesses	21,947	21,947
Proceeds from sales of used rental equipment	58,647	32,200
Net cash used in investing activities	-88,051	-61,598
Net payments under bank lines of credit	-40,612	-17,730
Principal payment of term note agreement	73,000	-
Borrowings under series g senior notes	75,000	-
Taxes paid related to net share settlement of stock awards	5,693	5,684
Payment of dividends	35,960	24,020
Net cash used in financing activities	-80,265	-47,434
Net increase in cash	6,449	662
Cash and cash equivalents at beginning of period	807	-
Cash and cash equivalents at end of period	7,256	-

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

MGRC: the cashflow