DIXIE GROUP INC
For the period ended Dec 28, 2024. Filed Apr 8, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 8, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
Index to Annual Report
on Form 10-K for
Year Ended December 28, 2024
| PART I | Page | |
|---|---|---|
| Item 1. | Business | 4 |
| Item 1A. | Risk Factors | 6 |
| Item 1B. | Unresolved Staff Comments | 11 |
| Item 1C. | Cybersecurity | 11 |
| Item 2. | Properties | 12 |
| Item 3. | Legal Proceedings | 12 |
| Item 4. | Mine Safety Disclosures | 13 |
| Executive Officers of the Registrant | 13 | |
| PART II | ||
| Item 5. | Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 14 |
| Item 6. | Reserved | 15 |
| Item 7. | Management's Discussion and Analysis of Financial Condition and Results of Operations | 15 |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk | 22 |
| Item 8. | Financial Statements and Supplementary Data | 22 |
| Item 9. | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 22 |
| Item 9A. | Controls and Procedures | 22 |
| Item 9B. | Other Information | 23 |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 21 |
| PART III | ||
| Item 10. | Directors, Executive Officers and Corporate Governance | 24 |
| Item 11. | Executive Compensation | 24 |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 24 |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence | 25 |
| Item 14. | Principal Accounting Fees and Services | 25 |
| PART IV | ||
| Item 15. | Exhibits and Financial Statement Schedules | 25 |
| Signatures | 26 | |
| CONSOLIDATED FINANCIAL STATEMENTS | ||
| Report of Independent Registered Public Accounting Firm | 29 | |
| Consolidated Balance Sheets - December 28, 2024 and December 30, 2023 | 31 | |
| Consolidated Statements of Operations - Years ended December 28, 2024 and December 30, 2023 | 32 | |
| Consolidated Statements of Comprehensive Income (Loss) - Years ended December 28, 2024 and December 30, 2023 | 33 | |
| Consolidated Statements of Cash Flows - Years ended December 28, 2024 and December 30, 2023 | 34 | |
| Consolidated Statements of Stockholders' Equity - December 28, 2024 and December 30, 2023 | 35 | |
| Notes to Consolidated Financial Statements | 35 | |
| Exhibit Index | 63 | |
Table of Contents 2
FORWARD-LOOKING INFORMATION
This Report contains statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include the use of terms or phrases such as "expects," "estimates," "projects," "believes," "anticipates," "intends," and similar terms and phrases. Such forward-looking statements relate to, among other matters, our future financial performance, business prospects, growth strategies or liquidity. The following important factors may affect our future results and could cause those results to differ materially from our historical results; these factors include, in addition to those "Risk Factors" detailed in Item 1A of this report, and described elsewhere in this document, the cost and availability of capital, raw material and transportation costs related to petroleum price levels, the cost and availability of energy supplies, the loss of a significant customer or group of customers, the ability to attract, develop and retain qualified personnel, materially adverse changes in economic conditions generally in carpet, rug and floorcovering markets we serve and other risks detailed from time to time in our filings with the Securities and Exchange Commission.
Table of Contents 3
Part I
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.