CURTISS WRIGHT CORP
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
CW$482.03+4.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except per share data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $443,850 | $406,867 |
| Receivables, net | 857,614 | 732,678 |
| Inventories, net | 582,584 | 510,033 |
| Other current assets | 68,035 | 67,502 |
| Total current assets | 1,952,083 | 1,717,080 |
| Property, plant, and equipment, net | 330,292 | 332,796 |
| Goodwill | 1,583,448 | 1,558,826 |
| Other intangible assets, net | 532,397 | 557,612 |
| Operating lease right-of-use assets, net | 156,613 | 141,435 |
| Prepaid pension asset | 279,212 | 261,869 |
| Other assets | 51,693 | 51,351 |
| Total assets | $4,885,738 | $4,620,969 |
| Liabilities | ||
| Current liabilities: | ||
| Current portion of long-term debt | $90,000 | $— |
| Accounts payable | 222,542 | 243,833 |
| Accrued expenses | 194,414 | 188,039 |
| Deferred revenue | 392,330 | 303,872 |
| Other current liabilities | 87,369 | 70,800 |
| Total current liabilities | 986,655 | 806,544 |
| Long-term debt | 959,302 | 1,050,362 |
| Deferred tax liabilities, net | 124,186 | 132,319 |
| Accrued pension and other postretirement benefit costs | 68,159 | 66,875 |
| Long-term operating lease liability | 134,866 | 118,611 |
| Long-term portion of environmental reserves | 14,661 | 12,784 |
| Other liabilities | 107,490 | 105,061 |
| Total liabilities | 2,395,319 | 2,292,556 |
| Contingencies and commitments (Note 13) | ||
| Stockholders’ equity | ||
| Common stock, $1 par value, 100,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 49,187,378 shares issued as of September 30, 2024 and December 31, 2023; outstanding shares were 37,960,122 as of September 30, 2024 and 38,202,754 as of December 31, 2023 | 49,187 | 49,187 |
| Additional paid in capital | 144,394 | 140,182 |
| Retained earnings | 3,751,183 | 3,487,751 |
| Accumulated other comprehensive loss | (203,428) | (213,223) |
| Common treasury stock, at cost (11,227,256 shares as of September 30, 2024 and 10,984,624 shares as of December 31, 2023) | (1,250,917) | (1,135,484) |
| Total stockholders’ equity | 2,490,419 | 2,328,413 |
| Total liabilities and stockholders’ equity | $4,885,738 | $4,620,969 |
| See notes to condensed consolidated financial statements | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.