Company: NGVT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001653477-25-000091
Chunk: 14

Company: Ingevity Corp
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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 and liabilities, net1.5 0.6 Net cash provided by (used in) operating activities$25.4 $(12.1)Cash provided by (used in) investing activities:Capital expenditures$(10.0)$(16.6)Proceeds from disposition of assets3.6 — Other investing activities, net(5.1)0.3 Net cash provided by (used in) investing activities$(11.5)$(16.3)Cash provided by (used in) financing activities:Proceeds from revolving credit facility and other borrowings$92.3 $81.4 Payments on revolving credit facility and other borrowings(100.3)(55.0)Finance lease obligations, net(0.4)(0.4)Tax payments related to withholdings on vested equity awards(2.6)(2.6)Net cash provided by (used in) financing activities$(11.0)$23.4 Increase (decrease) in cash, cash equivalents, and restricted cash2.9 (5.0)Effect of exchange rate changes on cash1.4 (1.8)Change in cash, cash equivalents, and restricted cash4.3 (6.8)Cash, cash equivalents, and restricted cash at beginning of period86.6 111.9 Cash, cash equivalents, and restricted cash at end of period(1)$90.9 $105.1 (1)Includes restricted cash of $19.4 million and $16.6 million and cash and cash equivalents of $71.5 million and $88.5 million at March 31, 2025 and 2024, respectively. Restricted cash is included within "Prepaid and other current assets" and "Restricted investment" within the condensed consolidated balance sheets.Supplemental cash flow information:Cash paid for interest, net of capitalized interest$14.6 $17.0 Cash paid for income taxes, net of refunds4.4 2.9 Purchases of property, plant, and equipment in accounts payable2.9 2.7 Leased assets obtained in exchange for new operating lease liabilities— 0.4 

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

6

INGEVITY CORPORATIONNotes to the Condensed Consolidated Financial StatementsMarch 31, 2025(Unaudited)

Note 1: Background

Description of Business