PATRICK INDUSTRIES INC
For the period ended Sep 28, 2025. Filed Nov 6, 2025.
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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 28, 2025 · Filed Nov 6, 2025
PATK$79.70-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of
CONDENSED CONSOLIDATED BALANCE SHEETS
| (Unaudited) | ||
|---|---|---|
| ($ in thousands) | September 28, 2025 | December 31, 2024 |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $20,698 | $33,561 |
| Trade and other receivables, net | 278,374 | 178,206 |
| Inventories | 599,685 | 551,617 |
| Prepaid expenses and other | 53,135 | 59,233 |
| Total current assets | 951,892 | 822,617 |
| Property, plant and equipment, net | 412,118 | 384,903 |
| Operating lease right-of-use assets | 201,192 | 200,697 |
| Goodwill | 815,121 | 797,236 |
| Intangible assets, net | 753,484 | 802,889 |
| Other non-current assets | 13,368 | 12,612 |
| Total assets | $3,147,175 | $3,020,954 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Current maturities of long-term debt | $6,250 | $6,250 |
| Current operating lease liabilities | 54,643 | 53,697 |
| Accounts payable | 222,037 | 187,915 |
| Accrued liabilities | 124,648 | 105,753 |
| Total current liabilities | 407,578 | 353,615 |
| Long-term debt, less current maturities, net | 1,320,343 | 1,311,684 |
| Long-term operating lease liabilities | 150,985 | 151,026 |
| Deferred tax liabilities, net | 83,140 | 61,346 |
| Other long-term liabilities | 16,623 | 14,917 |
| Total liabilities | 1,978,669 | 1,892,588 |
| Shareholders' equity | ||
| Preferred shares, no par value per share, 1,000,000 shares authorized, none issued and outstanding | — | — |
| Common stock, no par value per share, 60,000,000 shares authorized, 33,276,895 and 33,567,048 issued and outstanding as of September 28, 2025 and December 31, 2024, respectively | 206,324 | 202,353 |
| Accumulated other comprehensive loss | (932) | (926) |
| Retained earnings | 963,114 | 926,939 |
| Total shareholders' equity | 1,168,506 | 1,128,366 |
| Total liabilities and shareholders' equity | $3,147,175 | $3,020,954 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.