Company: THRM
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023344
Chunk: 151

Company: Gentherm Inc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1B
Chunk 151
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 price of factored receivables

    12,876

    13,903

    5,538

    Cost of technology investments

    (955
    )

    (815
    )

    (495
    )

    Net cash used in investing activities

    (53,531
    )

    (24,123
    )

    (239,899
    )

    Financing Activities:

    Borrowings on debt

    68,000

    60,000

    207,000

    Repayments of debt

    (70,615
    )

    (72,280
    )

    (13,272
    )

    Proceeds from the exercise of Common Stock options

    5,791

    263

    1,670

    Taxes withheld and paid on employees' share-based payment awards

    (3,296
    )

    (2,940
    )

    (5,471
    )

    Cash paid for the repurchase of Common Stock

    (51,585
    )

    (91,094
    )

    —

    Net cash (used in) provided by financing activities

    (51,705
    )

    (106,051
    )

    189,927

    Foreign currency effect

    (19,949
    )

    6,691

    (1,690
    )

    Net decrease in cash and cash equivalents

    (15,539
    )

    (4,218
    )

    (36,715
    )

    Cash and cash equivalents at beginning of period

    149,673

    153,891

    190,606

    Cash and cash equivalents at end of period
     
    $
    134,134

    $
    149,673

    $
    153,891

    Supplemental disclosure of cash flow information:

    Cash paid for taxes
     
    $
    20,837

    $
    23,273

    $
    21,645

    Cash paid for interest

    13,007

    13,242

    6,338

    Non-Cash Investing Activities:

    Period-end balance of accounts payable for property and equipment
     
    $
    5,154

    $
    7,754

    $
    2,526

    Deferred purchase price of receivables factored