Company: EME
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000105634-25-000015
Chunk: 90

Company: EMCOR Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 90
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 assets— 2,350 — Non-cash share-based compensation expense19,978 13,739 12,125 Distributions from unconsolidated entities1,554 400 400 Changes in operating assets and liabilities, excluding the effect of businesses acquired:Increase in accounts receivable(311,504)(626,494)(340,091)Decrease (increase) in inventories17,982 (23,442)(31,541)(Increase) decrease in contract assets(13,318)5,733 (44,725)(Decrease) increase in accounts payable(15,362)82,192 111,488 Increase in contract liabilities426,628 489,728 299,897 Increase (decrease) in accrued payroll and benefits and other accrued expenses and liabilities148,490 189,268 (30,025)Changes in other assets and liabilities, net(193)24,868 (4,109)Net cash provided by operating activities1,407,894 899,655 497,933 Cash flows - investing activities:Payments for acquisitions of businesses, net of cash acquired(228,173)(96,491)(98,656)Proceeds from sale or disposal of property, plant, and equipment3,839 13,604 7,145 Purchases of property, plant, and equipment(74,950)(78,404)(49,289)Net cash used in investing activities(299,284)(161,291)(140,800)Cash flows - financing activities:Proceeds from revolving credit facility— 200,000 270,000 Repayments of revolving credit facility— (200,000)(270,000)Repayments of long-term debt and debt issuance costs— (246,171)(13,875)Repayments of finance lease liabilities(2,855)(2,776)(3,551)Dividends paid to stockholders(43,384)(32,684)(27,187)Repurchases of common stock(489,820)(127,713)(660,609)Taxes paid related to net share settlements of equity awards(15,397)(6,060)(7,539)Issuances of common stock under employee stock purchase plan943 9,189 8,177 Payments for contingent consideration arrangements(4,852)(5,839)(5,534)Net cash used in financing activities(555,365)(412,054)(