Company: ASTE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000792987-25-000013
Chunk: 8

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 8
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.0)(1.0)Sale of investments0.9 1.9 0.6 Net cash used in investing activities(18.0)(12.9)(53.2)

(Continued)

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ASTEC INDUSTRIES, INC.

Consolidated Statements of Cash Flows (Continued)

(In millions)

Years Ended December 31,  202420232022Cash flows from financing activities:Payment of dividends(11.9)(11.8)(11.2)Proceeds from borrowings on credit facilities and bank loans215.6 240.6 223.0 Repayments of borrowings on credit facilities and bank loans(179.2)(245.8)(138.5)Payment of debt issuance costs— — (1.5)Sale of Company stock by deferred compensation programs, net0.4 0.3 0.2 Withholding tax paid upon vesting of share-based compensation awards(0.5)(1.6)(1.8)Repurchase of Company stock— — (10.1)Net cash provided by (used in) financing activities24.4 (18.3)60.1 Effect of exchange rates on cash(1.8)0.6 (1.4)Increase (decrease) in cash and cash equivalents and restricted cash27.6 (2.8)(68.4)Cash, cash equivalents and restricted cash, beginning of period63.2 66.0 134.4 Cash, cash equivalents and restricted cash, end of period$90.8 $63.2 $66.0 Supplemental Cash Flow InformationCash paid during the year for:Interest$8.5 $7.0 $1.1 Income taxes paid, net$8.2 $13.8 $17.7 Supplemental disclosures of non-cash itemsNon-cash investing activities:Capital expenditures in accounts payable$1.0 $1.5 $1.5 Non-cash financing activities:Additions to right-of-use assets and lease liabilities$2.4 $0.8 $7.3 

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

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ASTEC INDUSTRIES, INC.

Consolidated Statements of Equity

(In millions, except share and per share data)

Common Stock SharesCommon Stock