Company: NGVT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001653477-25-000108
Chunk: 14

Company: Ingevity Corp
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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6 Strategic investments85.3 87.3 Other assets77.5 79.3 Total Assets$1,877.7 $2,022.6 LiabilitiesAccounts payable$101.5 $94.5 Accrued expenses150.8 58.1 Accrued payroll and employee benefits25.5 27.7 Current operating lease liabilities14.8 16.9 Notes payable and current maturities of long-term debt94.7 61.3 Income taxes payable5.8 5.6 Current liabilities393.1 264.1 Long-term debt including finance lease obligations1,235.6 1,339.7 Noncurrent operating lease liabilities30.4 36.8 Deferred income taxes57.1 56.2 Other liabilities40.8 130.6 Total Liabilities1,757.0 1,827.4 Commitments and contingencies (Note 13)EquityPreferred stock (par value $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding at 2025 and 2024, respectively)— — Common stock (par value $0.01 per share; 300,000,000 shares authorized; 43,799,949 and 43,630,211 issued and 36,465,192 and 36,350,425 outstanding at 2025 and 2024, respectively)0.4 0.4 Additional paid-in capital185.3 176.8 Retained earnings446.0 572.0 Accumulated other comprehensive income (loss)4.2 (41.4)Treasury stock, common stock, at cost (7,334,757 shares - 2025 and 7,279,786 shares - 2024)(515.2)(512.6)Total Equity120.7 195.2 Total Liabilities and Equity$1,877.7 $2,022.6 

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

5

INGEVITY CORPORATION

Condensed Consolidated Statements of Cash Flows (Unaudited)Six Months Ended June 30,In millions20252024Cash provided by (used in) operating activities:Net income (loss)$(126.0)$(339.7)Adjustments to reconcile net income (loss) to