Company: ASTE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000792987-25-000013
Chunk: 7

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 7
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 activities:Depreciation and amortization26.8 25.6 27.9 Provision for credit losses0.6 1.6 1.2 Provision for warranties18.6 17.6 12.6 Deferred compensation benefit(0.1)(0.1)(0.9)Share-based compensation5.0 4.1 6.8 Deferred tax benefit(6.8)(6.4)(17.1)Gain on disposition of property and equipment, net(1.1)(3.1)(0.7)Goodwill impairment20.2 — — Other impairment charges— 1.2 3.5 Amortization of debt issuance costs0.3 0.3 — Distributions to deferred compensation programs' participants(1.1)(1.8)(1.0)Change in operating assets and liabilities, excluding the effects of acquisitions:(Purchase) sale of trading securities, net(1.5)(0.3)0.7 Receivables and other contract assets(20.6)20.5 (28.0)Inventories27.4 (63.0)(96.4)Prepaid expenses(3.5)2.2 (2.8)Other assets(0.9)(12.8)(16.2)Accounts payable(35.9)7.7 25.5 Accrued loss reserves(0.9)1.4 (0.1)Accrued employee related liabilities(5.4)8.7 4.3 Other accrued liabilities(2.0)(0.8)2.6 Accrued product warranty(18.9)(13.1)(11.1)Customer deposits7.6 1.0 9.9 Income taxes payable/prepaid11.1 3.6 6.0 Net cash provided by (used in) operating activities23.0 27.8 (73.9)Cash flows from investing activities:Acquisitions, net of cash acquired— — (17.8)Expenditures for property and equipment(20.5)(34.1)(40.7)Proceeds from sale of property and equipment2.3 20.3 5.7 Proceeds from insurance0.4 — — Purchase of investments(1.1)(1