Company: ASGN
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000890564-25-000039
Chunk: 15

Company: ASGN Inc
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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)Income taxes payable11.7 11.2 Other(13.2)(9.1)Net cash provided by operating activities141.7 164.0 Cash Flows from Investing ActivitiesCash paid for property and equipment(19.3)(16.1)Cash paid for acquisitions, net of cash acquired(306.1)— Other— 0.1 Net cash used in investing activities(325.4)(16.0)Cash Flows from Financing ActivitiesProceeds from long-term debt265.0 — Principal payments of long-term debt(87.5)(2.5)Proceeds from employee stock purchase plan8.7 9.5 Repurchase of common stock(59.9)(187.7)Payment of employment taxes related to release of restricted stock awards(7.0)(10.0)Other(3.0)— Net cash provided by (used) in financing activities116.3 (190.7)Effect of exchange rate changes on cash and cash equivalents1.1 (1.0)Net Decrease in Cash and Cash Equivalents(66.3)(43.7)Cash and Cash Equivalents at Beginning of Year 205.2 175.9 Cash and Cash Equivalents at End of Period$138.9 $132.2 

Supplemental Disclosure of Cash Flow InformationCash paid for —Income taxes$5.0 $13.1 Interest$33.5 $31.8 Operating leases$12.4 $12.2 Noncash transactions —Operating lease right of use assets obtained in exchange for operating lease liabilities$12.4 $7.2 

See notes to condensed consolidated financial statements.

6

ASGN INCORPORATED AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. General

Basis of Presentation — The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and the rules of the Securities and Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to those rules and regulations. The December 31, 2024 balance sheet was derived from audited financial statements. The financial statements include adjustments consisting of normal recurring items, which, in the opinion of management, are necessary