BZH · As filed with the SEC
Beazer Homes USA cash flow statement, by fiscal year
The statement as Beazer Homes USA presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands
| USD thousands | FY2025 Year ended Sep 30, 2025 | FY2024 Year ended Sep 30, 2024 | FY2023 Year ended Sep 30, 2023 | FY2022 Year ended Sep 30, 2022 | FY2021 Year ended Sep 30, 2021 | FY2020 Year ended Sep 30, 2020 | FY2019 Year ended Sep 30, 2019 | FY2018 Year ended Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income | 45,588 | 140,175 | 158,611 | 220,704 | 122,021 | 52,226 | (79,520) | (45,375) |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||
| Depreciation and amortization | 19,168 | 14,867 | 12,198 | 13,360 | 13,976 | 15,640 | 14,759 | 13,807 |
| Stock-based compensation expense | 7,338 | 7,391 | 7,275 | 8,478 | 12,167 | 10,036 | 10,526 | 10,258 |
| Inventory impairments and abandonments | — | — | — | — | — | — | — | 6,949 |
| Inventory impairments and abandonments | 12,959 | 1,996 | 641 | 2,963 | 853 | 2,903 | 148,618 | — |
| Model sale-leaseback revenue | (8,799) | — | — | — | — | — | — | — |
| Deferred and other income tax (benefit) expense | (4,738) | 18,910 | 23,936 | 53,267 | 21,501 | 17,664 | (37,245) | 93,935 |
| Write-off of deposit on legacy land investment | — | — | — | — | — | — | 0 | 0 |
| (Gain) loss on disposal of fixed assets | — | (426) | 1,113 | (332) | (392) | (335) | (232) | (351) |
| Change in allowance for doubtful accounts | — | — | — | — | — | — | — | 48 |
| Change in allowance for doubtful accounts | — | — | 0 | (6) | (68) | 54 | (74) | — |
| Equity in income of unconsolidated entities | — | — | — | (521) | (594) | (347) | (403) | (127) |
| Cash distributions of income from unconsolidated entities | — | — | — | 380 | 132 | 306 | 408 | 331 |
| Non-cash loss on extinguishment of debt | — | — | — | — | — | — | — | 3,289 |
| Gain on sale of investment | — | (8,591) | — | — | — | — | — | — |
| (Gain) loss on disposal of fixed assets | (301) | — | — | — | — | — | — | — |
| Gain on sale of investment | 0 | — | — | — | — | — | — | — |
| Loss on extinguishment of debt, net | 0 | 437 | 546 | (309) | 2,025 | 0 | 24,920 | — |
| Changes in operating assets and liabilities: | ||||||||
| Increase in accounts receivable | (12,722) | (19,825) | (9,708) | (10,199) | (5,800) | 6,524 | (1,674) | 11,875 |
| Decrease in income tax receivable | 0 | 0 | 9,987 | 0 | 460 | 315 | 0 | 88 |
| Decrease (increase) in inventory | 2,763 | (282,061) | (14,749) | (231,445) | (147,511) | 154,865 | 42,927 | (95,809) |
| (Increase) decrease in other assets | (9,680) | 341 | (2,784) | (2,620) | (1,922) | 3 | 323 | (1,300) |
| (Decrease) increase in trade accounts payable | (20,908) | 10,133 | 10,615 | 10,250 | 1,199 | 1,040 | 4,720 | 17,492 |
| Increase (decrease) in other liabilities | 1,313 | (20,892) | (19,624) | 17,104 | 13,609 | 28,201 | (14,418) | 15,178 |
| Net cash provided by (used in) operating activities | 31,981 | (137,545) | 178,057 | 81,074 | 31,656 | 289,095 | 113,635 | 30,288 |
| Cash flows from investing activities: | ||||||||
| Capital expenditures | (28,501) | (22,353) | (20,334) | (15,048) | (14,645) | (10,642) | (21,356) | (17,020) |
| Proceeds from sale of fixed assets | — | — | — | 339 | 456 | 478 | 251 | 370 |
| Acquisition, net of cash acquired | — | — | — | — | 0 | 0 | (4,088) | (57,253) |
| Investments in unconsolidated entities | — | — | — | — | — | 0 | 0 | (421) |
| Return of capital from unconsolidated entities | — | — | — | — | 0 | 0 | 68 | 176 |
| Proceeds from sale of fixed assets | 317 | 428 | 445 | — | — | — | — | — |
| Proceeds from maturities of investment securities | 9,556 | — | — | — | — | — | — | — |
| Purchases of investment securities | (1,031) | (8,087) | (9,779) | — | — | — | — | — |
| Other | 0 | 0 | (2) | — | — | — | — | — |
| Net cash used in investing activities | (19,659) | (30,012) | (29,670) | (14,709) | (14,189) | (10,164) | (25,125) | (74,148) |
| Cash flows from financing activities: | ||||||||
| Repayment of debt | 0 | (202,195) | (8,998) | (73,900) | (82,476) | (51,150) | (576,548) | (497,915) |
| Proceeds from issuance of debt | 0 | 250,000 | — | — | 0 | 0 | 500,000 | 400,000 |
| Repayment of borrowings from credit facility | (450,000) | (280,000) | 0 | (195,000) | 0 | (390,000) | (425,000) | (225,000) |
| Borrowings from credit facility | 450,000 | 280,000 | 0 | 195,000 | 0 | 390,000 | 425,000 | 225,000 |
| Debt issuance costs | (230) | (5,653) | (2,575) | 0 | (901) | (202) | (6,137) | (6,272) |
| Repurchase of common stock | (33,077) | (12,928) | 0 | (8,154) | 0 | (3,327) | (34,624) | — |
| Tax payments for stock-based compensation awards | (3,161) | (5,366) | (2,615) | (6,631) | (3,044) | (2,686) | (1,969) | — |
| Stock option exercises and other financing activities | — | — | — | — | — | (1,832) | — | — |
| Stock option exercises and other financing activities | — | — | — | 5 | 569 | — | — | (3,314) |
| Stock option exercises | 107 | 20 | 262 | — | — | — | 314 | — |
| Net cash (used in) provided by financing activities | (36,361) | 23,878 | (13,926) | (88,680) | (85,852) | (59,197) | (118,964) | (107,501) |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | (24,039) | (143,679) | 134,461 | (22,315) | (68,385) | 219,734 | (30,454) | (151,361) |
| Cash, cash equivalents, and restricted cash at beginning of period | 242,610 | 386,289 | 251,828 | 274,143 | 342,528 | 122,794 | 153,248 | 304,609 |
| Cash, cash equivalents, and restricted cash at end of period | 218,571 | 242,610 | 386,289 | 251,828 | 274,143 | 342,528 | 122,794 | 153,248 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.