Company: UFPT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001171843-25-005268
Chunk: 42

Company: UFP TECHNOLOGIES INC
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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,875

			Deferred income taxes

			5,409

			3,296

			Non-qualified deferred compensation plan

			6,522

			6,193

			Lease liabilities

			12,749

			12,432

			Other liabilities

			4,168

			11,144

			Total liabilities

			249,168

			286,235

			Commitments and contingencies

			Stockholders’ equity:

			Preferred stock, $.01 par value, 1,000,000 shares authorized; no shares issued

			-

			-

			Common stock, $.01 par value, 20,000,000 shares authorized; 7,740,685 and 7,711,126 shares issued and outstanding, respectively, at June 30, 2025; 7,706,344 and 7,676,785 shares issued and outstanding, respectively, at December 31, 2024

			77

			77

			Additional paid-in capital

			41,682

			40,934

			Retained earnings

			340,865

			306,501

			Accumulated other comprehensive income (loss)

			3,454

			(4,165
			)

			Treasury stock at cost, 29,559 shares at June 30, 2025 and 29,559 shares at December 31, 2024

			(587
			)

			(587
			)

			Total stockholders’ equity

			385,491

			342,760

			Total liabilities and stockholders' equity

			$
			634,659

			$
			628,995

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

3

Condensed Consolidated Statements of Comprehensive Income

(In thousands, except per share data)

(Unaudited)

			Three Months Ended 

			Six Months Ended 

			June 30,

			June 30,

			2025

			2024

			2025

			2024

			Net sales

			$
			151,176

			$
			110,177

			$
			299,324

			$
			215,186