Company: ASTE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000792987-25-000013
Chunk: 6

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 6
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6 7.5 Other expenses, net:Interest expense(10.7)(8.9)(2.5)Interest income2.0 2.1 1.0 Other (expenses) income, net(0.6)1.0 (1.6)Income before income taxes13.9 42.8 4.4 Income tax provision9.8 9.1 5.0 Net income (loss)4.1 33.7 (0.6)Net loss (income) attributable to noncontrolling interest0.2 (0.2)0.5 Net income (loss) attributable to controlling interest$4.3 $33.5 $(0.1)Per share data:Earnings per common share - Basic$0.19 $1.47 $— Earnings per common share - Diluted$0.19 $1.47 $— Weighted average shares outstanding - Basic22,799,071 22,719,900 22,790,717 Weighted average shares outstanding - Diluted22,853,451 22,781,369 22,790,717 

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

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ASTEC INDUSTRIES, INC.

Consolidated Statements of Comprehensive (Loss) Income

(In millions)

Years Ended December 31, 202420232022Net income (loss)$4.1 $33.7 $(0.6)Other comprehensive (loss) income:Foreign currency translation adjustments(13.3)2.1 (7.7)Other comprehensive (loss) income(13.3)2.1 (7.7)Comprehensive loss (income) attributable to noncontrolling interest0.5 (0.3)0.5 Comprehensive (loss) income attributable to controlling interest$(8.7)$35.5 $(7.8)

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

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ASTEC INDUSTRIES, INC.

Consolidated Statements of Cash Flows

(In millions)

Years Ended December 31, 202420232022Cash flows from operating activitiesNet income (loss)$4.1 $33.7 $(0.6)Adjustments to reconcile net income (loss) to net cash provided by (used in) operating