MIDDLEBY Corp
For the period ended Dec 28, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
MIDD$138.00+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
DECEMBER 28, 2024 AND DECEMBER 30, 2023
(amounts in thousands, except share data)
| ASSETS | Dec 28, 2024 | Dec 30, 2023 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $689,533 | $247,496 |
| Accounts receivable, net of reserve for doubtful accounts of $24,597 and $23,464 | 643,355 | 644,576 |
| Inventories, net | 841,567 | 935,867 |
| Prepaid expenses and other | 131,566 | 112,690 |
| Prepaid taxes | 24,022 | 25,230 |
| Total current assets | 2,330,043 | 1,965,859 |
| Property, plant and equipment, net of accumulated depreciation of $377,408 and $339,528 | 525,965 | 510,898 |
| Goodwill | 2,518,222 | 2,486,310 |
| Other intangibles, net of amortization of $633,842 and $574,079 | 1,611,037 | 1,693,076 |
| Long-term deferred tax assets | 6,281 | 7,945 |
| Pension benefits assets | 91,207 | 38,535 |
| Other assets | 200,396 | 204,069 |
| Total assets | $7,283,151 | $6,906,692 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Current maturities of long-term debt | $43,949 | $44,822 |
| Accounts payable | 208,908 | 227,080 |
| Accrued expenses | 576,465 | 579,192 |
| Total current liabilities | 829,322 | 851,094 |
| Long-term debt | 2,351,118 | 2,380,373 |
| Long-term deferred tax liability | 252,062 | 216,143 |
| Accrued pension benefits | 9,573 | 12,128 |
| Other non-current liabilities | 202,645 | 197,065 |
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued | — | — |
| Common stock, $0.01 par value; 64,264,828 and 63,942,340 shares issued in 2024 and 2023, respectively | 148 | 148 |
| Paid-in capital | 520,177 | 479,216 |
| Treasury stock, at cost; 10,574,619 and 10,338,922 shares in 2024 and 2023, respectively | (940,691) | (906,031) |
| Retained earnings | 4,328,187 | 3,899,754 |
| Accumulated other comprehensive loss | (269,390) | (223,198) |
| Total stockholders' equity | 3,638,431 | 3,249,889 |
| Total liabilities and stockholders' equity | $7,283,151 | $6,906,692 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.