MGP INGREDIENTS INC
Cash Flow Statement
| Line Item | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $20.6M | $31.1M | $13.2M | $32.1M | $31.1M | $22.5M | $23.8M | $25.6M |
| Depreciation & Amortization | $5.3M | $5.8M | $5.8M | $5.3M | $5.2M | $5.2M | $5.3M | $5.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | $518.0K | $517.0K | $518.0K | $517.0K |
| Stock-Based Compensation | $1.1M | $5.0M | $2.0M | $2.4M | $1.2M | $2.4M | $955.0K | $758.0K |
| Net Cash from Operating Activities | $24.6M | $35.2M | $28.4M | $15.1M | $5.0M | $16.7M | $29.2M | $20.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $27.0M | $13.2M | $12.0M | $13.8M | $16.2M | $16.1M | $11.1M | $7.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-27.3M | $-12.6M | $-11.1M | $-118.6M | $-16.9M | $-16.0M | $-12.3M | $-7.5M |
| Financing Activities | ||||||||
| Dividends Paid | $2.7M | $2.7M | $2.7M | $2.7M | $2.7M | $2.7M | $2.7M | $2.7M |
| Stock Repurchases | $7.0M | $0 | $0 | $0 | $801.0K | $1.0K | $1.0K | $-1.0K |
| Net Cash from Financing Activities | $3.8M | $-32.3M | $-11.3M | $93.7M | $-4.3M | $-3.5M | $-3.7M | $-3.5M |
| Net Change in Cash | $1.1M | $-9.6M | $6.1M | $-9.8M | $-16.2M | $-2.8M | $13.3M | $10.1M |
| Free Cash Flow | $-2.4M | $22.0M | $16.4M | $1.3M | $-11.2M | $577.0K | $18.1M | $13.3M |