$CMCO

COLUMBUS MCKINNON CORP

CIK:0001005229|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Net sales	$ 531,461	$ 235,920
Cost of products sold	385,192	158,698
Gross profit	146,269	77,222
Selling expenses	54,689	28,531
General and administrative expenses	65,362	30,743
Research and development expenses	8,541	4,821
Net loss (gain) on sales of businesses	566	0
Amortization of other intangibles	34,808	7,635
Operating expenses	163,966	71,730
Income (loss) from operations	(17,697)	5,492
Interest and debt expense	47,610	8,698
Investment (income) loss	(1,692)	(1,049)
Foreign currency exchange (gain) loss	4,023	(342)
Other (income) expense, net	(249)	(177)
Income (loss) before income tax expense (benefit)	(67,389)	(1,638)
Income tax expense (benefit)	21,044	260
Net income (loss)	(88,433)	(1,898)
Net income (loss) attributable to noncontrolling interest	296	0
Net income (loss) attributable to the Company	$ (88,729)	$ (1,898)
Weighted average basic shares outstanding (in shares)	28,793	28,658
Weighted average diluted shares outstanding (in shares)	28,793	28,658
Basic income (loss) per share (in dollars per share)	$ (2.05)	$ (0.07)
Diluted income (loss) per share (in dollars per share)	$ (2.05)	$ (0.07)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
OPERATING ACTIVITIES:
Net income (loss) attributable to the Company	$ (88,729)	$ (1,898)
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
Depreciation and amortization	53,201	12,266
Deferred income taxes and related valuation allowance	2,026	(4,669)
Net loss (gain) on sale of investments and other	(989)	(835)
Stock-based compensation	2,696	1,842
Amortization of deferred financing costs	2,501	622
Loss (gain) on hedging instruments	288	465
Non-cash lease expense	4,056	2,412
Changes in operating assets and liabilities:
Trade accounts receivable	5,508	(8,726)
Inventories	47,666	(9,661)
Prepaid expenses and other	(2,583)	(3,015)
Other assets	4,653	758
Trade accounts payable	(7,954)	(8,203)
Accrued liabilities	6,174	2,902
Non current liabilities	(2,890)	(2,413)
Net cash provided by (used for) operating activities	25,624	(18,153)
INVESTING ACTIVITIES:
Proceeds from sales of marketable securities	973	1,284
Purchases of marketable securities	(657)	(1,299)
Capital expenditures	(5,668)	(3,202)
Net cash provided by (used for) investing activities	(5,352)	(3,217)
FINANCING ACTIVITIES:
Borrowing / (Repayment) of debt	(18,368)	2,225
Cash inflows from hedging activities	5,721	5,832
Cash outflows from hedging activities	(5,995)	(6,275)
Payment of dividends	(2,016)	(2,003)
Other	(567)	(756)
Net cash provided by (used for) financing activities	(21,225)	(977)
Effect of exchange rate changes on cash and cash equivalents	2,796	(2,614)
Net change in cash and cash equivalents	1,843	(24,961)
Cash, cash equivalents, and restricted cash at beginning of year	97,023	53,933
Cash, cash equivalents, and restricted cash at end of period	98,866	28,972
Supplementary cash flow data:
Interest paid	29,532	8,079
Income taxes paid, net of refunds	13,908	6,913
Property, plant and equipment purchases included in trade accounts payable	0	427
Restricted cash presented in Other assets	$ 456	$ 250

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2026	Mar. 31, 2026
Current assets:
Cash and cash equivalents	$ 98,410	$ 96,562
Trade accounts receivable, less allowance for credit losses ($9,256 and $7,200, respectively)	373,194	380,198
Inventories	558,312	609,030
Prepaid expenses and other	92,597	95,071
Total current assets	1,122,513	1,180,861
Property, plant, and equipment, net	391,510	408,508
Goodwill	1,420,552	1,408,640
Other intangibles, net	1,565,527	1,609,662
Marketable securities	10,276	10,223
Deferred taxes on income	2,631	2,064
Other assets	161,252	164,745
Total assets	4,674,261	4,784,703
Current liabilities:
Trade accounts payable	159,894	168,907
Accrued liabilities	247,964	249,009
Current portion of long-term debt and finance lease obligations	154,047	166,418
Total current liabilities	561,905	584,334
Term loan, Senior Secured Notes, AR securitization facility and finance lease obligations	2,222,736	2,226,589
Other non-current liabilities	522,971	525,151
Total liabilities	3,307,612	3,336,074
Shareholders' equity:
Preferred stock:1,000,000 preferred shares authorized and 800,000 preferred shares outstanding for both periods	804,000	789,845
Voting common stock; 100,000,000 shares authorized; 28,833,743 and 28,747,733 shares issued and outstanding	288	287
Treasury stock	(11,000)	(11,000)
Additional paid-in capital	542,663	540,536
Retained earnings	33,219	135,807
Accumulated other comprehensive income (loss)	(2,127)	(6,748)
Equity attributable to shareholders of the Company	1,367,043	1,448,727
Noncontrolling interest	(394)	(98)
Total shareholders' equity	1,366,649	1,448,629
Total liabilities and shareholders' equity	$ 4,674,261	$ 4,784,703