Company: ASGN
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000890564-25-000008
Chunk: 65

Company: ASGN Inc
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 65
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 Accounts receivable87.0 111.0 (116.3)Prepaid expenses and income taxes(8.0)3.3 2.0 Accounts payable(6.6)(2.4)7.6 Accrued payroll(17.1)(49.4)11.3 Payroll tax deferral and other(9.2)(6.4)(45.3)Net cash provided by operating activities400.0 456.9 307.8 Cash Flows from Investing Activities   Cash paid for property and equipment(35.3)(39.9)(37.5)Cash paid for acquisitions, net of cash acquired— — (484.6)Cash received from sale of business— — 9.8 Other— (0.6)2.3 Net cash used in investing activities(35.3)(40.5)(510.0)Cash Flows from Financing Activities   Proceeds from long-term debt— 571.8 94.0 Principal payments of long-term debt(5.0)(596.6)(62.5)Proceeds from employee stock purchase plan17.2 18.9 18.9 Repurchase of common stock(327.2)(273.1)(281.4)Payment of employment taxes related to release of restricted stock awards(15.8)(18.3)(16.6)Debt issuance or amendment costs— (8.6)(0.8)Other(2.4)(5.0)(8.1)Net cash used in financing activities(333.2)(310.9)(256.5)Effect of exchange rate changes on cash and cash equivalents(2.2)0.1 (0.6)Net Increase (Decrease) in Cash and Cash Equivalents29.3 105.6 (459.3)Cash and Cash Equivalents at Beginning of Year175.9 70.3 529.6 Cash and Cash Equivalents at End of Year$205.2 $175.9 $70.3 Supplemental Disclosure of Cash Flow InformationCash paid for —Income taxes$33.5 $44.8 $54.5 Interest$62.6 $62.1 $43.7 

See notes to consolidated financial statements.

24

ASGN INCORPORATED AND SUBSIDI