Company: ACEL
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001698991-25-000011
Chunk: 47

Company: Accel Entertainment, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 16
Chunk 47
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681 2,144 Investment in equity interest(5,000)— — Proceeds from the settlement of convertible notes— 32,065 — Advances against a portion of the purchase price on pending business acquisition— (4,600)— Business and asset acquisitions, net of cash acquired(53,592)(7,195)(144,028)Net cash used in investing activities(124,151)(59,793)(189,263)Cash flows from financing activities:Proceeds from debt 175,000 169,000 240,000 Payments on debt(123,000)(169,000)(44,625)Payments for debt issuance costs— (300)— Payments for repurchase of common shares(25,495)(30,072)(79,002)Payments on interest rate caplets(985)(965)(873)Proceeds from exercise of stock-based awards289 375 366 Payments on consideration payable(588)(3,178)(9,197)Payments on finance lease obligation(221)(17)— Tax withholding on stock-based payments(2,349)(1,082)(78)Net cash provided by (used in) financing activities$22,651 $(35,239)$106,591 Net increase in cash and cash equivalents19,694 37,498 25,327 Cash and cash equivalents:Beginning of year261,611 224,113 198,786 End of year$281,305 $261,611 $224,113 

F-7

ACCEL ENTERTAINMENT, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS - (Continued)(in thousands)Year Ended December 31,202420232022Supplemental disclosures of cash flow information:Cash payments for:Interest, net$32,767 $30,248 $19,942 Income taxes$22,306 $11,741 $7,662 Supplemental schedules of noncash investing and financing activities:Purchases of property and equipment in accounts payable and accrued liabilities$13,446 $14,923 $9,763 Deferred premium on interest rate caplets$1,076 $2,059 $3,025 Fair value of treasury stock issued in business combination$40,472 $— $5,584 Acquisition of businesses and assets:Total identifiable net assets acquired$110,472 $7,195