Company: THRM
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023344
Chunk: 262

Company: Gentherm Inc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 262
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 721

    771

    Impairment of goodwill

    —

    19,509

    —

    Other

    (1,156
    )

    2,920

    721

    Changes in assets and liabilities:

    Accounts receivable, net

    (12,077
    )

    (4,195
    )

    (44,221
    )

    Inventory

    (34,195
    )

    6,907

    (40,322
    )

    Other assets

    (44,696
    )

    (26,179
    )

    (11,906
    )

    Accounts payable

    16,222

    31,029

    28,314

    Other liabilities

    39,279

    (8,160
    )

    (8,736
    )

    Net cash provided by operating activities

    109,646

    119,265

    14,947

    Investing Activities:

    Purchases of property and equipment

    (73,314
    )

    (37,602
    )

    (39,703
    )

    Proceeds from the sale of property and equipment

    7,862

    391

    248

    Acquisition of businesses, net of cash acquired

    —

    —

    (205,487
    )

    Proceeds from deferred purchase price of factored receivables

    12,876

    13,903

    5,538

    Cost of technology investments

    (955
    )

    (815
    )

    (495
    )

    Net cash used in investing activities

    (53,531
    )

    (24,123
    )

    (239,899
    )

    Financing Activities:

    Borrowings on debt

    68,000

    60,000

    207,000

    Repayments of debt

    (70,615
    )

    (72,280
    )

    (13,272
    )

    Proceeds from the exercise of Common Stock options

    5,791

    263

    1,670

    Taxes withheld and paid on employees' share-based payment awards

    (3,296
    )

    (2,940
    )

    (5,471
    )

    Cash paid for the repurchase of