Company: DXPE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001020710-25-000036
Chunk: 58

Company: DXP ENTERPRISES INC
Filing Date: 2025-03-10
Form: 10-K
Item: Item 8
Chunk 58
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,386 21,682 18,915 Amortization of debt issuance costs3,646 2,991 1,842 (Recovery of) provision for credit losses(887)(885)659 Payment of contingent consideration liability in excess of acquisition-date fair value(108)(160)(781)Fair value adjustment on contingent consideration745 1,738 2,311 Loss on debt extinguishment494 1,201 — Restricted stock compensation expense4,714 3,072 1,850 Deferred income taxes(14,990)(9,059)(7,541)Loss on sale of interest in VIE— — 1,193 Changes in operating assets and liabilities, net of effects of businesses acquired:Accounts receivable(12,552)13,293 (93,940)Cost and estimated profits in excess of billings(8,506)(18,720)(6,429)Inventories8,432 (2,026)2,072 Prepaid expenses and other assets7,655 9,666 (11,865)Accounts payable and accrued expenses7,547 10,604 35,965 Billings in excess of costs and estimated profits3,263 (916)6,858 Other long-term liabilities(1,136)(3,494)(2,902)Net cash provided by operating activities$102,211 $106,222 $5,894 CASH FLOWS FROM INVESTING ACTIVITIES:    Purchase of property and equipment(25,068)(12,263)(4,916)  Acquisition of businesses, net of cash acquired(156,624)(10,384)(48,506)Net cash used in investing activities$(181,692)$(22,647)$(53,422)CASH FLOWS FROM FINANCING ACTIVITIES:    Borrowings on asset-backed credit facility6,000 7,870 827,152   Repayments on asset-backed credit facility(6,000)(7,870)(827,152)  Proceeds from debt649,500 550,000 105,000   Principal debt payments (550,249)(429,508)(3,567)  Debt issuance costs(2,309)(12,061)(8,398)  Shares repurchased held in treasury(29,007)(56,215)(47,