Latham Group, Inc. (SWIM)
Latham Group, Inc. (SWIM)
| Cash Flow | 2026-03-28 | 2025-12-31 | 2025-09-27 | 2025-06-28 |
|---|---|---|---|---|
| Net sales | 117,315 | 99,950 | 161,903 | NaN |
| Other cost of sales | 75,619 | 67,311 | 100,328 | NaN |
| Other selling, general and administrative expense | 30,550 | 24,651 | 24,516 | NaN |
| Depreciation | 5,682 | 5,922 | 5,452 | NaN |
| Amortization | 7,385 | 7,454 | 7,429 | NaN |
| Stock-based compensation expense | 1,104 | 3,915 | 1,980 | NaN |
| Strategic initiative costs | 450 | 560 | 684 | NaN |
| Acquisition and integration related costs | 3,126 | 496 | 6 | NaN |
| Restructuring charges | 0 | 363 | 0 | NaN |
| Interest expense, net | 4,756 | 6,218 | 6,067 | NaN |
| Odessa fire | NaN | 0 | NaN | NaN |
| Other expense (income), net | -818 | 1,305 | 5,542 | NaN |
| Earnings from equity method investment | 835 | 2,471 | 4,192 | NaN |
| Income tax benefit | -2,806 | -6,153 | 7,466 | NaN |
| Distributions received from equity method investment | NaN | 1,816 | 1,816 | 0 |
| Net loss | -8,534 | -7,011 | 8,117 | 10,018 |
| Depreciation and amortization | 13,067 | 13,376 | 12,881 | 25,097 |
| Gain on insurance proceeds received for capital | NaN | 0 | NaN | NaN |
| Unrealized foreign currency loss (gain) | -848 | 1,253 | -1,181 | 4,059 |
| Amortization of deferred financing costs and debt discount | 430 | 430 | 430 | 860 |
| Non-cash lease expense | 1,855 | 2,047 | 1,886 | 3,569 |
| Change in fair value of interest rate swap | 841 | -107 | -9 | -601 |
| Deferred income taxes | NaN | 2,405 | NaN | NaN |
| Stock-based compensation expense | 1,104 | 3,915 | 1,980 | 3,352 |
| Bad debt expense | -815 | -113 | -251 | -1,372 |
| Other non-cash, net | -62 | 4 | 19 | -674 |
| Provision on liability for uncertain tax positions | NaN | 0 | NaN | NaN |
| Earnings from equity method investment | 835 | 2,471 | 1,310 | 1,441 |
| Trade receivables | 49,505 | -41,129 | -7,095 | 57,447 |
| Inventories | 9,630 | 4,491 | -8,231 | 900 |
| Prepaid expenses and other current assets | 836 | 827 | -1,911 | 2,706 |
| Income tax receivable | 3,025 | 2,611 | 679 | 4,924 |
| Other assets | 120 | 3 | 90 | 151 |
| Accounts payable | 9,708 | -10,493 | 3,227 | 13,069 |
| Accrued expenses and other current liabilities | -2,279 | -12,744 | 4,321 | 2,351 |
| Other long-term liabilities | -4 | -121 | -212 | -240 |
| Net cash used in operating activities | -47,720 | 23,309 | 51,026 | -10,905 |
| Purchases of property and equipment | 10,500 | 9,225 | 5,816 | 10,344 |
| Deposit on property purchases | NaN | 12,000 | NaN | NaN |
| Capital reimbursed from insurance proceeds | NaN | 0 | NaN | NaN |
| Acquisition of business, net of cash acquired | 14,399 | 0 | 0 | 4,934 |
| Net cash used in investing activities | -24,899 | -21,225 | -5,816 | -15,278 |
| Payments on revolving credit facilities | NaN | 0 | 0 | 25,000 |
| Payments on long-term debt borrowings | NaN | 1,625 | 812 | 813 |
| Proceeds from borrowings on revolving credit facility | 31,000 | 0 | 0 | 25,000 |
| Repayments of finance lease obligations | 216 | 207 | 212 | 404 |
| Common stock withheld for taxes on restricted stock units | 2,382 | 223 | 314 | 2,363 |
| Net cash provided by financing activities | 28,402 | -2,055 | -1,338 | -3,580 |
| Effect of exchange rate changes on cash | 655 | 496 | -297 | 308 |
| Net decrease in cash | -43,562 | 525 | 43,575 | -29,455 |
| Cash at beginning of period | 71,043 | 70,518 | 56,398 | NaN |
| Cash at end of period | 27,481 | 71,043 | 70,518 | NaN |