DOUGLAS DYNAMICS, INC
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $24.3M | $-8.4M | $7.1M | $5.8M | $24.0M | $-13.1M | $11.5M | $13.3M |
| Depreciation & Amortization | $4.4M | $5.3M | $5.5M | $5.4M | $5.4M | $5.4M | $5.3M | $5.2M |
| Depreciation | $2.8M | $2.7M | $2.9M | $2.8M | $2.8M | $2.7M | $2.7M | $2.6M |
| Amortization | $1.6M | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M | $2.6M |
| Stock-Based Compensation | $2.5M | $355.0K | $-3.3M | $0 | $3.3M | $957.0K | $1.2M | $510.0K |
| Net Cash from Operating Activities | $2.5M | $-21.6M | $76.6M | $2.1M | $-9.3M | $-56.9M | $114.5M | $-16.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.7M | $774.0K | $2.9M | $2.7M | $2.8M | $1.5M | $4.4M | $3.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.4M | $-1.3M | $-2.8M | $-2.4M | $-2.5M | $-2.7M | $-3.1M | $-3.3M |
| Financing Activities | ||||||||
| Dividends Paid | $6.9M | $6.8M | $6.8M | $6.9M | $6.9M | $7.0M | $6.8M | $6.8M |
| Stock Repurchases | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing Activities | $1.1M | $767.0K | $-60.8M | $8.1M | $12.3M | $41.9M | $-93.6M | $16.4M |
| Net Change in Cash | $2.2M | $-22.2M | $13.1M | $7.7M | $484.0K | $-17.8M | $17.8M | $-3.2M |
| Free Cash Flow | $836.0K | $-22.4M | $73.7M | $-576.0K | $-12.1M | $-58.4M | $110.1M | $-19.7M |