Lindsay Corporation (NYSE:LNN) Q3 2018 Earnings Conference Call - Final Transcript

Jun 28, 2018 • 11:00 am ET

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Lindsay Corporation (NYSE:LNN) Q3 2018 Earnings Conference Call - Final Transcript

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Presentation
Executive
Brian Ketcham

compared to $121.6 million at the end of the prior fiscal year.

Cash was utilized in the quarter to fund working capital increases in support of sales growth as well as capital expenditures and dividend payments. No share repurchases were made during the quarter, however, a total of $63.7 million remains available under our share repurchase authorization. The strength of our balance sheet continues to position us to pursue growth initiatives, both organic and through acquisitions and other initiatives to drive improved returns for shareholders.

At this time, I'd like to turn the call over to the operator to take your questions.