INTERFACE INC
For the period ended Mar 30, 2025. Filed May 6, 2025.
View on SEC.govAbout this filing
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 30, 2025 · Filed May 6, 2025
TILE$31.88-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Condensed Balance Sheets – March , 202 and December
CONSOLIDATED CONDENSED BALANCE SHEETS
(in thousands, except par values)
| MARCH 30, 2025 | DECEMBER 29, 2024 | |
|---|---|---|
| (UNAUDITED) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $97,757 | $99,226 |
| Accounts receivable, net | 162,754 | 171,135 |
| Inventories, net | 281,741 | 260,581 |
| Prepaid expenses and other current assets | 37,185 | 33,355 |
| Total current assets | 579,437 | 564,297 |
| Property, plant and equipment, net | 283,783 | 282,374 |
| Operating lease right-of-use assets | 77,845 | 76,815 |
| Deferred tax asset | 25,033 | 24,624 |
| Goodwill and intangible assets, net | 152,282 | 148,160 |
| Other assets | 73,418 | 74,546 |
| Total assets | $1,191,798 | $1,170,816 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable | $82,958 | $68,943 |
| Accrued expenses | 114,009 | 134,996 |
| Current portion of operating lease liabilities | 12,718 | 12,296 |
| Current portion of long-term debt | 487 | 482 |
| Total current liabilities | 210,172 | 216,717 |
| Long-term debt | 302,390 | 302,275 |
| Operating lease liabilities | 69,160 | 68,092 |
| Deferred income taxes | 32,557 | 31,822 |
| Other long-term liabilities | 64,452 | 62,762 |
| Total liabilities | 678,731 | 681,668 |
| Commitments and contingencies (Note 14) | ||
| Shareholders’ equity | ||
| Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at March 30, 2025 and December 29, 2024 | — | — |
| Common stock, par value $0.10 per share; 120,000 shares authorized; 58,610 and 58,304 shares issued and outstanding at March 30, 2025 and December 29, 2024, respectively | 5,861 | 5,830 |
| Additional paid-in capital | 257,416 | 261,028 |
| Retained earnings | 417,802 | 405,441 |
| Accumulated other comprehensive loss – foreign currency translation | (127,483) | (143,317) |
| Accumulated other comprehensive loss – pension liability | (40,529) | (39,834) |
| Total shareholders’ equity | 513,067 | 489,148 |
| Total liabilities and shareholders’ equity | $1,191,798 | $1,170,816 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.