Company: NGVC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015486
Chunk: 57

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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(1,800
			
			)

			(1,639
			)

			Non-cash interest expense

			2

			9

			Other

			1

			—

			Changes in operating assets and liabilities:

			(Increase) decrease in:

			Accounts receivable, net

			(368
			)

			1,358

			Merchandise inventory

			(4,102
			)

			1,908

			Prepaid expenses and other assets

			(2,217
			)

			423

			Income tax receivable

			—

			30

			Operating lease assets

			16,787

			16,661

			(Decrease) increase in:

			Operating lease liabilities

			(16,974
			
			)

			(16,768
			
			)

			Accounts payable

			4,650

			3,883

			Accrued expenses

			(465
			)

			(752
			)

			Net cash provided by operating activities

			36,744

			36,847

			Investing activities:

			Acquisition of property and equipment 

			(16,040
			
			)

			(22,183
			
			)

			Acquisition of other intangibles

			(152
			
			)

			(371
			
			)

			Proceeds from sale of property and equipment

			44

			3

			Proceeds from property insurance settlements

			268

			41

			Net cash used in investing activities

			(15,880
			
			)

			(22,510
			
			)

			Financing activities:

			Borrowings under revolving loans

			314,200

			293,800

			Repayments under revolving loans

			(314,200
			
			)

			(282,400
			
			)

			Repayments under term loan

			—

			(4,000
			)

			Finance lease obligation payments

			(1,951
			
			)

			(1,706
			
			)

			Dividends to shareholders

			(5,500
			
			)

			(27,306