Company: DXPE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001020710-25-000036
Chunk: 59

Company: DXP ENTERPRISES INC
Filing Date: 2025-03-10
Form: 10-K
Item: Item 8
Chunk 59
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872)  Payment for acquisition contingent consideration liability (5,000)(5,673)(469)  Preferred stock dividends paid(90)(90)(90)  Payment for employee taxes withheld from stock awards(1,826)(527)(292)  Principal payments on finance leases(4,216)(2,347)— Net cash provided by financing activities$56,803 $43,579 $44,312 Effect of foreign currency on cash(2,122)(60)253 Net change in cash and restricted cash(24,800)127,094 (2,963)Cash and restricted cash at beginning of year173,211 46,117 49,080 Cash and restricted cash at end of year$148,411 $173,211 $46,117 Supplemental cash flow information (Note 15)

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

51

DXP ENTERPRISES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EQUITY

(in thousands) Series A preferred StockSeries B preferred StockCommon StockPaid-in CapitalRetained earningsAccum Other Comp LossTreasury stockNon controlling interestTotal equityBalance at December 31, 2021$1 $15 $195 $206,772 $202,484 $(29,282)$(33,511)$53 $346,727 Preferred dividends paid— — — — (90)— — — (90)Compensation expense for restricted stock— — — 1,850 — — — — 1,850 Tax related items for share based awards— — — (292)— — — — (292)Issuance of shares of common stock— — 150 5,607 — — — — 5,757 Currency translation adjustment— — — — — (2,393)— — (2,393)Repurchases of shares— — — — — — (34,269)— (34,269)Net income (loss)— — — — 48,155 — — (53)48,102 Balance at December 31, 2022$1 $15 $345 $213,937 $250,