COLUMBUS MCKINNON CORP
For the period ended Mar 31, 2026. Filed Jun 8, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Jun 8, 2026
CMCO$20.32+3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| Year ended March 31, | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| Operating activities: · (In thousands) | |||
| Net income (loss) attributable to the Company | $(229,535) | $(5,138) | $46,625 |
| Adjustments to reconcile net income to net cash provided by (used for) operating activities: | |||
| Depreciation and amortization | 77,038 | 48,187 | 45,945 |
| Deferred income taxes and related valuation allowance | (10,711) | (20,256) | (15,285) |
| Net gain from sale of business | (103,306) | — | — |
| Net loss (gain) on sale of real estate, investments and other | (2,551) | (972) | (1,431) |
| Stock-based compensation | 9,569 | 6,256 | 12,039 |
| Amortization of deferred financing costs | 3,549 | 2,487 | 2,349 |
| Loss (gain) on hedging instruments | 1,720 | (382) | (1,366) |
| Impairment of Goodwill - Precision Conveyance | 200,000 | — | — |
| Cost of debt refinancing and repricing | 24,185 | — | 958 |
| Impairment of operating lease | — | 3,911 | — |
| Loss on disposals and impairments of fixed assets | — | 2,533 | — |
| Non-cash pension settlement expense (See Note 13) | — | 23,634 | 4,984 |
| Non-cash lease expense | 9,978 | 10,105 | 9,735 |
| Changes in operating assets and liabilities, net of effects of business acquisitions and divestitures: | |||
| Trade accounts receivable | (10,675) | 4,482 | (14,428) |
| Inventories | 15,268 | (13,042) | (1,314) |
| Prepaid expenses and other | 9,864 | (20,998) | (8,555) |
| Other assets | 2,003 | 3,498 | 537 |
| Trade accounts payable | (2,646) | 11,144 | 4,748 |
| Accrued liabilities | (129,800) | (250) | (9,583) |
| Non-current liabilities | (10,161) | (9,587) | (8,760) |
| Net cash provided by (used for) operating activities | (146,211) | 45,612 | 67,198 |
| Investing activities: | |||
| Proceeds from sales of marketable securities | 3,535 | 5,057 | 3,526 |
| Purchases of marketable securities | (3,174) | (3,676) | (4,076) |
| Capital expenditures | (17,859) | (21,411) | (24,813) |
| Proceeds from sale of buildings, net of transaction costs | 3,257 | — | — |
| Dividend received from equity method investment | — | — | 144 |
| Proceeds from sale of fixed assets | — | 139 | — |
| Net proceeds from the sales of businesses | 183,976 | — | |
| Purchase of businesses, net of cash and restricted cash acquired (See Note 3) | (2,627,389) | — | (108,145) |
| Net cash provided by (used for) investing activities | (2,457,654) | (19,891) | (133,364) |
| Financing activities: | |||
| Proceeds from issuance of common stock | 30 | 371 | 1,600 |
| Proceeds from issuance of preferred stock, net of expenses | 780,978 | — | — |
| Fees paid for debt repricing | — | (169) | (958) |
| Purchases of treasury stock | — | (10,000) | — |
| Repayment of debt | (616,177) | (60,670) | (60,604) |
| Payment to former owners of montratec (see Note 3) | — | (6,711) | — |
| Fees paid for borrowing on long-term debt | (91,004) | — | (2,859) |
| Proceeds from issuance of long-term debt | 2,590,000 | — | 120,000 |
| Cash inflows from hedging activities | 23,165 | 23,608 | 24,057 |
| Cash outflows from hedging activities | (24,809) | (23,134) | (22,687) |
| Payment of dividends | (8,037) | (8,042) | (8,044) |
| Other | (732) | (2,000) | (2,304) |
| Net cash provided by (used for) financing activities | 2,653,414 | (86,747) | 48,201 |
| Effect of exchange rate changes on cash | (6,459) | 583 | (1,085) |
| Net change in cash and cash equivalents | 43,090 | (60,443) | (19,050) |
| Cash, cash equivalents, and restricted cash at beginning of year | 53,933 | 114,376 | 133,426 |
| Cash, cash equivalents, and restricted cash at end of year | $97,023 | $53,933 | $114,376 |
| Year ended March 31, | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| Supplementary cash flows data: | |||
| Interest paid | $45,630 | $30,054 | $34,983 |
| Income taxes paid, net of refunds | $45,850 | $20,520 | $28,369 |
| Property, plant and equipment purchases included in trade accounts payable | $2,398 | $318 | $690 |
| Restricted cash presented in Other assets | $461 | $250 | $250 |
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