Company: MRCY
Filing Date: 2025-08-11
Form Type: 10-K
Source: 0001049521-25-000024
Chunk: 92

Company: MERCURY SYSTEMS INC
Filing Date: 2025-08-11
Form: 10-K
Item: Item 8
Chunk 92
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301 400 Other non-cash items(3,577)452 (1,146)Cash settlement for termination of interest rate swap— 7,403 5,995 Changes in operating assets and liabilities:Accounts receivable, unbilled receivables, and costs in excess of billings29,950 76,458 (58,718)Inventory(17,087)130 (64,061)Prepaid income taxes(575)— 7,433 Prepaid expenses and other current assets5,538 (1,693)2,942 Other non-current assets8,217 148 3,769 Accounts payable, accrued expenses and accrued compensation8,103 741 (16,732)Deferred revenues and customer advances49,890 17,307 40,701 Income taxes payable(3,813)(11,217)9,907 Other non-current liabilities(12,122)(5,049)(4,509)Net cash provided by (used in) operating activities138,851 60,382 (21,254)Cash flows from investing activities:Purchases of property and equipment(19,803)(34,291)(38,796)Acquisition of assets and businesses, net of cash acquired(4,543)— — Proceeds from sale of manufacturing operations to Cicor Group6,246 — — Other investing activities4,600 — 235 Net cash used in investing activities(13,500)(34,291)(38,561)Cash flows from financing activities:Proceeds from employee stock plans3,661 4,642 5,492 Borrowings under credit facilities— 105,000 140,000 Payments under credit facilities— (25,000)(80,000)Payments for retirement of common stock— (31)(63)Payments of deferred financing and offering costs(2,249)(1,931)— Net cash provided by financing activities1,412 82,680 65,429 Effect of exchange rate changes on cash and cash equivalents1,815 187 295 Net increase in cash and cash equivalents128,578 108,958 5,909 Cash and cash equivalents at beginning of year180,521 71,563 65,654 Cash and cash equivalents at end of year$309,099 $180,521 $71,563 Cash paid (received) during the period for: