Company: MWA
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001350593-25-000043
Chunk: 11

Company: Mueller Water Products, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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.9 $(467.5)$(34.8)$731.2 Net income— — 44.3 — 44.3 Dividends declared— (10.0)— — (10.0)Stock-based compensation— 1.9 — — 1.9 Shares retained for employee taxes— (0.2)— — (0.2)Common stock issued— 1.1 — — 1.1 Stock repurchased under buyback program— (10.0)— — (10.0)Other comprehensive loss, net of tax— — — (3.8)(3.8)Balance at March 31, 2024$1.6 $1,214.7 $(423.2)$(38.6)$754.5 Net income— — 47.3 — 47.3 Dividends declared— (9.9)— — (9.9)Stock-based compensation— 2.5 — — 2.5 Common stock issued— 1.0 — — 1.0 Other comprehensive loss, net of tax— — — (3.8)(3.8)Balance at June 30, 2024$1.6 $1,208.3 $(375.9)$(42.4)$791.6 

The accompanying notes are an integral part of the condensed consolidated financial statements.7

MUELLER WATER PRODUCTS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

 Nine months endedJune 30, 20252024 (in millions)Operating activities:Net income$139.1 $105.9 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation28.7 28.8 Amortization5.4 20.4 Non-cash asset impairment1.0 1.4 (Gain) loss on sale of assets(0.1)0.4 Stock-based compensation7.3 7.0 Pension cost 0.4 3.5 Deferred income taxes(6.8)(18.6)Inventory reserve provision3.1 8.4 Other, net0