Company: DXPE
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001020710-25-000092
Chunk: 30

Company: DXP ENTERPRISES INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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365)(896)Net cash used in financing activities$(7,083)$(18,146)Effect of foreign currency on cash47 (111)Net change in cash and restricted cash(34,128)(33,423)Cash and restricted cash at beginning of period148,411 173,211 Cash and restricted cash at end of period$114,283 $139,788 Supplemental cash flow information (Note 14)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

5

DXP ENTERPRISES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY

(in thousands) (unaudited)

Series A preferred stockSeries B preferred stockCommon stockPaid-in capitalRetained earningsAccum other comp lossTreasury StockTotal equityBalance at December 31, 2024$1 $15 $204 $219,511 $389,670 $(33,610)$(153,003)$422,788 Preferred dividends paid— — — — (23)— — (23)Compensation expense for restricted stock— — — 1,317 — — — 1,317 Tax related items for share based awards— — — (126)— — — (126)Currency translation adjustment— — — — — 86 — 86 Excise tax on share repurchases— — — — — — 28 28 Net income— — — — 20,589 — — 20,589 Balance at March 31, 2025$1 $15 $204 $220,702 $410,236 $(33,524)$(152,975)$444,659 

Series A preferred stockSeries B preferred stockCommon stockPaid-in capitalRetained earningsAccum other comp lossTreasury StockTotal equityBalance at December 31, 2023$1 $15 $345 $216,482 $319,271 $(31,240)$(123,995)$380,879 Preferred dividends paid— — — — (23)— — (23)Compensation expense for restricted stock— — — 864 — — — 864 Tax related items for share based awards— —