Company: CODI-PB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001345126-25-000015
Chunk: 207

Company: Compass Diversified Holdings
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 207
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,767 $1,289,010 $(18,910)$(386,324)$(5,815)$1,296,793 $266,271 $— $1,563,064 

F-10

COMPASS DIVERSIFIED HOLDINGSCONSOLIDATED STATEMENTS OF CASH FLOWS

Year ended December 31,(in thousands)202420232022Cash flows from operating activities:Net income $47,350 $262,405 $51,438 Income (loss) from discontinued operations, net of income tax(6,905)24,208 25,831 Gain on sale of discontinued operations, net of income tax11,957 283,025 9,393 Income (loss) from continuing operations42,298 (44,828)16,214 Adjustments to reconcile net income to net cash (used in) provided by operating activities:Depreciation expense43,891 45,960 39,475 Amortization expense - intangibles99,760 88,396 77,237 Amortization expense - inventory step-up5,295 1,175 6,113 Amortization of debt issuance costs 4,018 4,038 3,740 Impairment expense8,182 89,400 — Loss on sale of Crosman24,218 — — Loss on debt extinguishment— — 534 Noncontrolling stockholder stock based compensation16,345 9,451 10,519 Provision for receivable and inventory reserves(7,044)(62)(689)Deferred taxes(17,879)(19,800)3,023 Other1,171 1,658 2,342 Changes in operating assets and liabilities, net of acquisitions:Accounts receivable(117,742)(19,941)(43,420)Inventories(229,365)(65,492)(146,220)Other current and non-current assets3,132 (1,945)(12,772)Accounts payable and accrued expenses51,091 (72,903)(7,299)Net cash provided by (used in) operating activities - continuing operations(72,629)15,107 (51,203)Net cash provided by operating activities - discontinued operations4,993 62,973 22,910 Net cash provided by (used in) operating activities(