Global Industrial Company (GIC) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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Global Industrial Company cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income from continuing operations → Net cash from operating activities: $47,800,000.00Net income from continuing operations → Operating adjustments reconciliation: $4,600,000.00Accounts payable → Operating adjustments reconciliation: $11,800,000.00Inventories → Operating adjustments reconciliation: $10,500,000.00Income taxes payable → Operating adjustments reconciliation: $6,600,000.00Accrued expenses, other current liabilities and other liabilities → Operating adjustments reconciliation: $3,900,000.00Depreciation and amortization → Operating adjustments reconciliation: $3,900,000.00Stock-based compensation → Operating adjustments reconciliation: $3,100,000.00Net cash provided by operating activities from discontinued operations → Operating adjustments reconciliation: $1,800,000.00Prepaid expenses and other assets → Operating adjustments reconciliation: $1,600,000.00Provision for credit losses → Operating adjustments reconciliation: $1,200,000.00Operating adjustments reconciliation → Accounts receivable: $48,900,000.00Operating adjustments reconciliation → Benefit from deferred taxes: $100,000.00Net cash used in investing activities → investing reconciliation: $1,700,000.00investing reconciliation → Purchases of property, plant and equipment: $1,700,000.00Net cash used in financing activities → financing reconciliation: $26,800,000.00Proceeds from the issuance of common stock from employee stock purchase plan → financing reconciliation: $900,000.00Proceeds from issuance of common stock → financing reconciliation: $400,000.00financing reconciliation → Dividends paid: $21,600,000.00financing reconciliation → Purchase of treasury shares: $5,600,000.00financing reconciliation → Payment of payroll taxes on stock-based compensation through shares withheld: $900,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $67,500,000.00Net cash from operating activities → Cash sources and uses: $47,800,000.00Cash sources and uses → Exchange-rate effect: $100,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $86,700,000.00Cash sources and uses → Net cash used in investing activities: $1,700,000.00Cash sources and uses → Net cash used in financing activities: $26,800,000.00Net cash provided by operating activities from discontinued operations: $1,800,000.00Discontinued operations cash+$1.80 MNet income from continuing operations: $52,400,000.00Continuing ops income (loss)+$52.40 MAccounts receivable: -$48,900,000.00Accounts receivable−$48.90 MInventories: $10,500,000.00Inventories+$10.50 MProvision for credit losses: $1,200,000.00Other credit loss provision+$1.20 MAccrued expenses, other current liabilities and other liabilities: $3,900,000.00Accrued & other liabilities+$3.90 MIncome taxes payable: $6,600,000.00Income taxes payable+$6.60 MDepreciation and amortization: $3,900,000.00Depreciation & amortization+$3.90 MBenefit from deferred taxes: -$100,000.00Deferred income taxes−$100.00 KStock-based compensation: $3,100,000.00Stock-based compensation+$3.10 MAccounts payable: $11,800,000.00Accounts payable+$11.80 MPrepaid expenses and other assets: $1,600,000.00Prepaid & other assets+$1.60 MNet cash from operating activities: $47,800,000.00Operating cash+$47.80 MOperating adjustments reconciliation: $49,000,000.00Payment of payroll taxes on stock-based compensation through shares withheld: -$900,000.00Stock-award tax withholding−$900.00 KProceeds from issuance of common stock: $400,000.00Common stock issued+$400.00 KDividends paid: -$21,600,000.00Dividends paid−$21.60 MProceeds from the issuance of common stock from employee stock purchase plan: $900,000.00Employee stock plan proceeds+$900.00 KPurchase of treasury shares: -$5,600,000.00Common stock repurchases−$5.60 MNet cash used in financing activities: -$26,800,000.00. Cash required to fund net payments.Financing cash−$26.80 Mfinancing reconciliation: $28,100,000.00Acquisition: $0.00Purchases of property, plant and equipment: -$1,700,000.00PP&E purchases−$1.70 MNet cash used in investing activities: -$1,700,000.00. Cash required to fund net payments.Investing cash−$1.70 Minvesting reconciliation: $1,700,000.00Cash sources and uses: $115,300,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $67,500,000.00Beginning cash$67.50 MEnding cash: Cash, cash equivalents, and restricted cash: $86,700,000.00Ending cash$86.70 MExchange-rate effect: -$100,000.00FX effect−$100.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$46.10 MOperating cash − cash spent on PP&ECash flow / Net incomeUnavailableOperating cash flow ÷ net incomeNet cash change+$19.20 MEnding cash − beginning cash
Chart details

Global Industrial Company cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
67,500,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
47,800,000 US dollars. Net cash provided.
Net cash provided by operating activities from discontinued operations
1,800,000 US dollars
Net income from continuing operations
52,400,000 US dollars
Accounts receivable
negative 48,900,000 US dollars
Inventories
10,500,000 US dollars
Provision for credit losses
1,200,000 US dollars
Accrued expenses, other current liabilities and other liabilities
3,900,000 US dollars
Income taxes payable
6,600,000 US dollars
Depreciation and amortization
3,900,000 US dollars
Benefit from deferred taxes
negative 100,000 US dollars
Stock-based compensation
3,100,000 US dollars
Accounts payable
11,800,000 US dollars
Prepaid expenses and other assets
1,600,000 US dollars
Investing activities
negative 1,700,000 US dollars. Net cash used.
Acquisition
0 US dollars
Purchases of property, plant and equipment
negative 1,700,000 US dollars
Financing activities
negative 26,800,000 US dollars. Net cash used.
Payment of payroll taxes on stock-based compensation through shares withheld
negative 900,000 US dollars
Proceeds from issuance of common stock
400,000 US dollars
Dividends paid
negative 21,600,000 US dollars
Proceeds from the issuance of common stock from employee stock purchase plan
900,000 US dollars
Purchase of treasury shares
negative 5,600,000 US dollars
Operating adjustment reconciliation
49,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
28,100,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,700,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 100,000 US dollars
Ending cash on Jun 30, 2026
86,700,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
115,300,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
19,200,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Unavailable. Operating cash flow and reconciliation net income for the same period are required.
Operating cash flow
47,800,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,700,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
46,100,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $47.80M of net income directly to operating cash and $4.60M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 47,800,000 US dollars minus 1,700,000 US dollars equals 46,100,000 US dollars.
Global Industrial Company (GIC) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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