TNC: the cash flow

MyFinsight

For the year ending 2025-12-31, TNC had $6,600K increase in cash & cash equivalents over the period. $43,300K in free cash flow.

Cash Flow	2025-12-31
Net income	43,800
Depreciation expense	45,000
Amortization expense	13,700
Deferred income tax expense (benefit)	4,200
Share-based compensation expense	10,400
Bad debt and returns expense	7,100
Other, net	-1,300
Receivables	-4,100
Inventories	21,700
Accounts payable	-1,900
Employee compensation and benefits	-13,800
Other assets and liabilities	27,200
Net cash provided by operating activities	65,000
Purchases of property, plant and equipment	21,700
Proceeds from sale of property, plant and equipment	1,500
Purchase of investment	0
Payments made in connection with business acquisition, net of cash acquired	3,200
Investment in leased assets	400
Cash received from leased assets	1,100
Net cash used in investing activities	-22,700
Proceeds from borrowings	85,000
Repayments of borrowings	10,800
Payment of debt financing costs	0
Change in finance lease obligations	0
Proceeds from exercise of stock options, net of employee tax withholdings obligations of 3.1, 3.8 and 1.7, respectively	-2,500
Dividends paid	21,900
Repurchases of common stock	88,500
Net cash used in financing activities	-38,700
Effect of exchange rate changes on cash, cash equivalents and restricted cash	3,000
Net increase (decrease) in cash, cash equivalents and restricted cash	6,600
Cash, cash equivalents and restricted cash at beginning of period	99,800
Cash, cash equivalents and restricted cash at end of period	106,400

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