Distribution Solutions Group Inc
For the period ended Mar 31, 2024. Filed May 2, 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.
Mar 31, 2024 · Filed May 2, 2024
DSGR$34.97+0.1%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 March 31,
Condensed Consolidated Balance Sheets
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $73,097 | $83,931 |
| Restricted cash | 12,505 | 15,695 |
| Accounts receivable, less allowances of $1,819 and $2,120, respectively | 221,253 | 213,448 |
| Inventories | 313,820 | 315,984 |
| Prepaid expenses and other current assets | 34,382 | 28,272 |
| Total current assets | 655,057 | 657,330 |
| Property, plant and equipment, net | 111,371 | 113,811 |
| Rental equipment, net | 23,709 | 24,575 |
| Goodwill | 402,009 | 399,925 |
| Deferred tax asset, net | 78 | 95 |
| Intangible assets, net | 246,761 | 253,834 |
| Cash value of life insurance | 19,150 | 18,493 |
| Right of use operating lease assets | 79,024 | 76,340 |
| Other assets | 5,964 | 5,928 |
| Total assets | $1,543,123 | $1,550,331 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $101,719 | $98,674 |
| Current portion of long-term debt | 30,250 | 32,551 |
| Current portion of lease liabilities | 14,638 | 13,549 |
| Accrued expenses and other current liabilities | 93,883 | 97,241 |
| Total current liabilities | 240,490 | 242,015 |
| Long-term debt, less current portion, net | 535,736 | 535,881 |
| Lease liabilities | 69,323 | 67,065 |
| Deferred tax liability, net | 17,150 | 18,326 |
| Other liabilities | 25,766 | 25,443 |
| Total liabilities | 888,465 | 888,730 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity: | ||
| Preferred stock, $1 par value: | ||
| Authorized - 500,000 shares, issued and outstanding — None | — | — |
| Common stock, $1 par value: | ||
| Authorized - 70,000,000 sharesIssued - 47,597,864 and 47,535,618 shares, respectivelyOutstanding - 46,806,573 and 46,758,359 shares, respectively | 46,806 | 46,758 |
| Capital in excess of par value | 672,974 | 671,154 |
| Retained deficit | (39,931) | (34,707) |
| Treasury stock – 791,291 and 777,259 shares, respectively | (16,883) | (16,434) |
| Accumulated other comprehensive income (loss) | (8,308) | (5,170) |
| Total stockholders’ equity | 654,658 | 661,601 |
| Total liabilities and stockholders’ equity | $1,543,123 | $1,550,331 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.