Company: IPGP
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001111928-25-000132
Chunk: 21

Company: IPG PHOTONICS CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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)Proceeds from short-term investments357,859 633,993 Other52 188 Net cash (used in) provided by investing activities(261,516)308,644 Cash flows from financing activities:Payments for taxes related to net share settlement of equity awards less proceeds from issuance of common stock under employee stock options(4,253)1,792 Purchase of treasury stock net of excise tax, at cost(30,204)(212,020)Net cash used in financing activities(34,457)(210,228)Effect of changes in exchange rates on cash and cash equivalents23,888 (604)Net (decrease) increase in cash and cash equivalents(260,856)205,866 Cash and cash equivalents — Beginning of period620,040 514,674 Cash and cash equivalents — End of period$359,184 $720,540 Supplemental disclosure of cash flow information:Cash paid for interest$8 $94 Cash paid for income taxes$32,918 $34,165 Non-cash transactions:Demonstration units transferred from inventory to other assets$3,874 $2,998 Inventory transferred to machinery and equipment$970 $914 Additions to property, plant and equipment included in accounts payable$1,337 $811 Leased assets obtained in exchange for new operating lease liabilities$4,485 $2,745 

See notes to Condensed Consolidated Financial Statements.

4

IPG PHOTONICS CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF EQUITYThree Months Ended June 30,Common StockTreasury StockAdditional Paid-In CapitalRetained EarningsAccumulated Other Comprehensive (Loss) IncomeTotal Stockholders' Equity(In thousands, except share data)SharesAmountSharesAmountBalance, April 1, 202542,729,426 $6 (14,084,413)$(1,505,216)$1,040,264 $2,617,626 $(92,238)$2,060,442 Vesting of RSUs and PSUs, net of shares withheld for taxes49,195 — — — (944)— — (944)Common stock issued under employee stock purchase plan42,279 — — — 2,467 — — 2,467 Purchased common stock(490,982)— (490,982)(30,309)—