Company: KEQU
Filing Date: 2025-07-02
Form Type: 10-K
Source: 0000055529-25-000026
Chunk: 156

Company: KEWAUNEE SCIENTIFIC CORP /DE/
Filing Date: 2025-07-02
Form: 10-K
Item: Item 1A
Chunk 156
---
766 LIABILITIES AND STOCKHOLDERS' EQUITYCurrent LiabilitiesShort-term borrowings$986 $3,099 Current portion of financing liability788 713 Current portion of term loan2,903 — Current portion of financing lease liabilities96 111 Current portion of operating lease liabilities3,275 2,123 Accounts payable27,033 23,262 Employee compensation and amounts withheld9,209 6,041 Deferred revenue6,073 4,374 Other accrued expenses3,349 1,057 Total Current Liabilities53,712 40,780 Long-term portion of financing liability26,632 27,420 Long-term portion of seller note23,537 — Long-term portion of term loan10,412 — Long-term portion of financing lease liabilities149 235 Long-term portion of operating lease liabilities8,797 5,434 Accrued pension and deferred compensation costs3,708 3,008 Deferred income taxes1,098 1,218 Other non-current liabilities364 462 Total Liabilities128,409 78,557 Commitments and Contingencies (Note 12)Stockholders' EquityCommon stock, $2.50 par value, Authorized—5,000 shares;Issued— 2,941 shares (2025); 2,909 shares (2024)Outstanding— 2,839 shares (2025); 2,839 shares (2024)7,353 7,273 Additional paid-in capital5,635 5,406 Retained earnings58,919 47,514 Accumulated other comprehensive loss(3,803)(3,382)Common stock in treasury, at cost: 103 shares (2025); 70 shares (2024)(3,647)(2,051)Total Kewaunee Scientific Corporation Stockholders' Equity64,457 54,760 Non-controlling interest1,788 1,449 Total Stockholders' Equity66,245 56,209 Total Liabilities and Stockholders' Equity$194,654 $134,766 

The accompanying Notes are an integral part of these Consolidated Financial Statements.

27

CONSOLIDATED STATEMENTS OF CASH FLOWS

Years Ended April 30Kewaunee Scientific Corporation$ in thousands20252024Cash Flows from Operating ActivitiesNet earnings