Adjustments for Non-Cash Items (USD, thousands)

Stock-Based Compensation (USD, thousands)

Changes in Working Capital (USD, thousands)

Capital Expenditures (CapEx) (USD, thousands)

Proceeds from / Repayments of Debt (USD, thousands)

Share Repurchases (USD, thousands)

Dividend Payments (USD, thousands)

Net Change in Cash (USD, thousands)

f255ad11ae0909e0c285436ac9e75d6d1fe96059913861003176198178ba568f

Total Revenue (USD, thousands)

Cost of Goods Sold (COGS) (USD, thousands)

SG&A (USD, thousands)

R&D (USD, thousands)

D&A (USD, thousands)

Interest Expense (USD, thousands)

Operating Income (EBIT) (USD, thousands)

Net Income (USD, thousands)

EPS - Basic (USD)

EPS - Diluted (USD)

e2941a30f971fc763f5dd7f2b32239aa99d2d6de996247246080bd79ee29c1c2

Current Assets (USD, thousands)

Cash and Cash Equivalents (USD, thousands)

Accounts Receivable (USD, thousands)

Inventory (USD, thousands)

Non-Current Assets (USD, thousands)

Property, Plant, and Equipment (PP&E) (USD, thousands)

Goodwill (USD, thousands)

Intangible Assets (USD, thousands)

Current Liabilities (USD, thousands)

Accounts Payable (USD, thousands)

Short-term Debt (USD, thousands)

Accrued Expenses (USD, thousands)

Non-Current Liabilities (USD, thousands)

Long-term Debt (USD, thousands)

Lease Liabilities (USD, thousands)

Deferred Tax Liabilities (USD, thousands)

Shareholders' Equity (USD, thousands)

Retained Earnings (USD, thousands)

Common Stock (USD, thousands)

Additional Paid-in Capital (USD, thousands)

1d11b0796749398f8eb630cb49ff14ad1fb8305ed464de484748050733d79971

The surge in **Cash and cash equivalents** during Q3 2024 was primarily driven by a **net cash inflow of $3,631,000** from financing activities. This included **net borrowings on the revolving credit facility of $7,214,000**, which was partially offset by approximately **$3,453,000** in payments on notes payable and finance leases. In addition, there were contributions from operating and investing activities as well as cash management improvements, such as a **$451,000 increase in outstanding checks in excess of cash** that also boosted the ending cash balance.  **[0000029332-24-000064_dxyn-20240928.htm:4]** 

What caused the surge in Cash and cash equivalents in Q3 2024?

The significant drop in **Long-Term Debt, Net** in Q4 2023 was primarily driven by the **sale of the Dyersville facility**. This transaction, combined with **improved operating results**, a **decrease in inventory**, and the **timing of lower cost of expense payments and purchases**, significantly reduced the company's debt levels. These favorable factors, however, were partly offset by costs associated with **facility consolidations**.  **[0000029332-24-000020_dxyn-20231230.htm:58]** **[DXYN_3377085_2]** 

Why did Long-Term Debt, Net drop so significantly in Q4 2023?

The decline in **Prepaid and other current assets** in Q3 2024 was primarily driven by **prepaid sample and marketing expenses**, as these expenses resulted in a reduction of **$3,953 thousand**, with **$2.6 million** used during the first nine months of 2024.  **[0000029332-24-000064_dxyn-20240928.htm:2]** **[0000029332-24-000064_dxyn-20240928.htm:28]** 

What drove the decline in Prepaid and other current assets in Q3 2024?

The sharp increase in **Accounts payable** in Q1 2024 was primarily due to **higher raw material purchases** to replenish inventory and support increased production in anticipation of higher demand, coupled with **quarter-end timing of payments** to suppliers that delayed outflows. This led to an increase of **$7,884,000** from **$13,935,000** at the end of Q4 2023 to **$21,819,000** at the end of Q1 2024.  **[0000029332-24-000036_dxyn-20240330.htm:2]** **[0000029332-24-000032_pressreleaseq12024.htm:3]** **[0000029332-24-000032_pressreleaseq12024.htm:1]** **[0000029332-24-000036_dxyn-20240330.htm:24]** 

What led to the sharp increase in Accounts payable in Q1 2024?

4e03c1a7c806a2dbc5ae0d53a4cf5d7db07afa0e7f96029aeb1ac5c8269b0de7

Cash and cash equivalents (USD, thousands)

Receivables, net of allowances for expected credit losses (USD, thousands)

Inventories, net (USD, thousands)

Prepaid and other current assets (USD, thousands)

TOTAL CURRENT ASSETS (USD, thousands)

PROPERTY, PLANT AND EQUIPMENT, NET (USD, thousands)

OPERATING LEASE RIGHT-OF-USE ASSETS (USD, thousands)

OTHER ASSETS (USD, thousands)

LONG-TERM ASSETS OF DISCONTINUED OPERATIONS (USD, thousands)

TOTAL ASSETS (USD, thousands)

Accounts payable (USD, thousands)

Accrued expenses (USD, thousands)

Current portion of long-term debt (USD, thousands)

Current portion of operating lease liabilities (USD, thousands)

Current liabilities of discontinued operations (USD, thousands)

TOTAL CURRENT LIABILITIES (USD, thousands)

LONG-TERM DEBT, NET (USD, thousands)

OPERATING LEASE LIABILITIES (USD, thousands)

OTHER LONG-TERM LIABILITIES (USD, thousands)

LONG-TERM LIABILITIES OF DISCONTINUED OPERATIONS (USD, thousands)

TOTAL STOCKHOLDERS' EQUITY (USD, thousands)

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (USD, thousands)

81fe354c7af768348afddd396993fab81137dfea0c252441af2898bd56066da1

700532da7fe08c471f5e669afeb51f39e9833c54ea974555ca11a4f1fce40f87

Net Sales (USD, thousands)

Cost of Sales (USD, thousands)

Gross Profit (USD, thousands)

Selling and Administrative Expenses (USD, thousands)

Other Operating (Income) Expense, Net (USD, thousands)

Facility Consolidation and Severance Expenses, Net (USD, thousands)

Operating Income (USD, thousands)

Other (Income) Expense, Net (USD, thousands)

Income (Loss) from Continuing Operations Before Taxes (USD, thousands)

Income Tax Provision (Benefit) (USD, thousands)

Income (Loss) from Continuing Operations (USD, thousands)

Loss from Discontinued Operations, Net of Tax (USD, thousands)

Net Income (Loss) (USD, thousands)

19074a436bb9cdc9181fc7424aabd3baa8cca60af91d3740d2b4919378f1a00c

Residential Floorcovering Products

Other Services

- Commercial Floorcovering Products (Discontinued)

Total Revenue

49819c10d18f8835e2b166dd7d758af3a19c14aa4c49d75dd3f5010344e683d9

Dixie Group Inc (DXYN)

Financials