$EPAC

ACTUANT CORP

CIK:0000006955|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	May 31, 2026	May 31, 2025	May 31, 2026	May 31, 2025
Income Statement [Abstract]
Net Sales	$ 167,553	$ 158,661	$ 466,568	$ 449,385
Cost of products sold	78,769	78,758	232,787	221,400
Gross profit	88,784	79,903	233,781	227,985
Selling, General and Administrative Expense	45,819	41,125	130,958	124,865
Amortization of intangible assets	1,597	1,235	4,663	3,625
Restructuring Charges	0	5,862	3,283	5,862
Operating profit	41,368	31,681	94,877	93,633
Financing costs, net	2,262	2,395	6,637	7,535
Other expense, net	413	947	1,875	2,184
Income tax (benefit) expense	8,895	6,295	21,127	19,246
Net (loss) earnings	$ 29,798	$ 22,044	$ 65,238	$ 64,668
Earnings (loss) per share
(Loss) Earnings Per Share, Basic	$ 0.58	$ 0.41	$ 1.25	$ 1.19
(Loss) Earnings Per Share, Diluted	$ 0.58	$ 0.41	$ 1.24	$ 1.18
Weighted average common shares outstanding
Weighted average common shares outstanding - basic	51,316	54,051	52,059	54,230
Weighted Average Common Shares outstanding - diluted	51,568	54,417	52,405	54,679
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total	$ 38,693	$ 28,339	$ 86,365	$ 83,914

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	May 31, 2026	May 31, 2025
Operating Activities
Net (loss) earnings	$ 65,238	$ 64,668
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	13,133	10,706
Stock-based compensation expense	9,394	9,525
Provision for deferred income taxes	2,077	3,782
Amortization of debt issuance costs	440	440
Other Noncash Income (Expense)	(1,716)	1,059
Increase in Receivable Reserve	751	0
Changes in components of working capital and other, excluding acquisitions and divestitures:
Accounts receivable	(228)	(3,971)
Inventories	(5,644)	(13,058)
Trade accounts payable	(5,035)	(973)
Prepaid expenses and other assets	(14,140)	(9,189)
Income tax accounts	3,732	(6,594)
Accrued compensation and benefits	(2,084)	1,830
Other accrued liabilities	3,345	(2,195)
Investing Activities
Capital expenditures	(9,241)	(16,360)
Payments to Acquire Businesses, Net of Cash Acquired	0	26,744
Payment for (Proceeds from) Other Investing Activity	2,007	0
Financing Activities
Borrowings on Revolving Credit	14,000	14,421
Principal Repayment on Revolving Credit Facility	(14,000)	(14,421)
Principal repayments on term loan	(5,000)	(3,750)
Cash dividend	(2,119)	(2,167)
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	(121)	457
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(35,878)	(26,588)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	115,680	140,506
Payments for Repurchase of Common Stock	(81,134)	(28,594)
Stock options, taxes paid related to the net share settlement of equity awards and other	(4,570)	(5,460)
Payment for Contingent Consideration Liability, Financing Activities	(949)	0
Cash used in financing activities	(93,772)	(39,971)
Cash Provided by Investing Activities	(11,248)	(43,104)
Cash (Used in) Provided By Operating Activities	$ 69,263	$ 56,030

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2026	Aug. 31, 2025
Assets, Current [Abstract]
Cash and cash equivalents	$ 115,680	$ 151,558
Accounts receivable, net	105,866	106,085
Inventories, net	84,995	78,774
Other current assets	51,975	39,701
Total current assets	358,516	376,118
Property, plant and equipment, net	54,843	53,275
Goodwill	289,516	289,787
Other intangible assets, net	44,412	46,942
Other long-term assets	64,256	61,745
Total assets	811,543	827,867
Current liabilities
Current maturities of long-term debt	38,146	42,944
Trade accounts payable	25,001	28,108
Long-term Debt, Current Maturities	10,000	7,500
Income taxes payable	9,178	5,425
Other current liabilities	51,945	53,125
Total current liabilities	134,270	137,102
Long-term debt, net	174,793	182,168
Deferred Income Taxes	7,223	6,192
Pension and postretirement benefit liabilities	6,349	7,147
Other long-term liabilities	64,880	61,564
Total liabilities	387,515	394,173
Shareholders’ equity
Class A common stock, $0.20 par value per share, authorized 168,000,000 shares, issued 51,129,014 and 52,946,336 shares, respectively	10,226	10,589
Additional paid-in capital	247,909	243,137
Retained earnings	268,620	284,102
Accumulated Other Comprehensive Income (Loss), Net of Tax	(102,727)	(104,134)
Stock held in trust	(4,860)	(3,542)
Deferred compensation liability	4,860	3,542
Total shareholders' equity	424,028	433,694
Total liabilities and shareholders’ equity	$ 811,543	$ 827,867