Cash flow of $19.4M compares to $22.8M a year ago as the August IPO of the Fox Factory (FOXF) subsidiary business knocked $7.3M from this year's Q3 result. CODI sold 5.8M shares in the offering, generating net proceeds of $80.9M while still maintaining majority ownership. Fox also paid off $61.5M of debt owed to CODI.
CC tomorrow at 9 ET.
CODI +2% AH.