TORO CO
For the period ended Aug 2, 2024. Filed Sep 5, 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.
Aug 2, 2024 · Filed Sep 5, 2024
TTC$106.85-1.0%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 (Unaudited)
(Dollars in millions, except per share data)
| August 2, 2024 | August 4, 2023 | October 31, 2023 | |
|---|---|---|---|
| ASSETS | |||
| Cash and cash equivalents | $221.1 | $147.9 | $193.1 |
| Receivables, net | 532.3 | 390.7 | 407.4 |
| Inventories, net | 1,082.0 | 1,112.7 | 1,087.8 |
| Prepaid expenses and other current assets | 78.5 | 80.5 | 110.5 |
| Total current assets | 1,913.9 | 1,731.8 | 1,798.8 |
| Property, plant, and equipment, net | 635.7 | 625.0 | 641.7 |
| Goodwill | 450.2 | 451.3 | 450.8 |
| Other intangible assets, net | 512.4 | 549.2 | 540.1 |
| Right-of-use assets | 113.2 | 116.6 | 125.3 |
| Investment in finance affiliate | 46.4 | 48.5 | 50.6 |
| Deferred income taxes | 38.3 | 41.7 | 14.2 |
| Other assets | 21.3 | 21.8 | 22.8 |
| Total assets | $3,731.4 | $3,585.9 | $3,644.3 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | |||
| Current portion of long-term debt | $25.3 | $— | $— |
| Accounts payable | 437.8 | 407.4 | 430.0 |
| Accrued liabilities | 501.6 | 482.3 | 499.1 |
| Short-term lease liabilities | 19.7 | 17.8 | 19.5 |
| Total current liabilities | 984.4 | 907.5 | 948.6 |
| Long-term debt, less current portion | 966.6 | 1,061.3 | 1,031.5 |
| Long-term lease liabilities | 99.1 | 101.2 | 112.1 |
| Deferred income taxes | 0.4 | 0.1 | 0.4 |
| Other long-term liabilities | 44.5 | 38.7 | 40.8 |
| Stockholders’ equity: | |||
| Preferred stock, par value $1.00 per share, authorized 1,000,000 voting and 850,000 non-voting shares, none issued and outstanding | — | — | — |
| Common stock, par value $1.00 per share, authorized 175,000,000 shares; issued and outstanding 103,062,017 shares as of August 2, 2024, 103,834,891 shares as of August 4, 2023, and 103,843,485 shares as of October 31, 2023 | 103.1 | 103.8 | 103.8 |
| Retained earnings | 1,576.2 | 1,403.9 | 1,444.1 |
| Accumulated other comprehensive loss | (42.9) | (30.6) | (37.0) |
| Total stockholders’ equity | 1,636.4 | 1,477.1 | 1,510.9 |
| Total liabilities and stockholders’ equity | $3,731.4 | $3,585.9 | $3,644.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.