ASTEC INDUSTRIES INC
For the period ended Mar 31, 2025. Filed Apr 29, 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.
Mar 31, 2025 · Filed Apr 29, 2025
ASTE$37.63+5.4%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
(In millions, except share and per share data, unaudited)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $92.6 | $90.8 |
| Investments | 2.8 | 3.0 |
| Trade receivables, contract assets and other receivables, net of allowance for credit losses of $2.1 and $2.3, respectively | 172.6 | 167.2 |
| Inventories | 434.9 | 422.7 |
| Prepaid and refundable income taxes | 4.7 | 9.3 |
| Prepaid expenses and other assets | 29.6 | 29.8 |
| Total current assets | 737.2 | 722.8 |
| Property and equipment, net of accumulated depreciation of $270.3 and $264.4, respectively | 180.5 | 181.9 |
| Investments | 19.3 | 18.9 |
| Goodwill | 25.1 | 25.0 |
| Intangible assets, net of accumulated amortization of $56.5 and $55.3, respectively | 10.5 | 11.2 |
| Deferred income tax assets | 46.6 | 45.8 |
| Other long-term assets | 36.8 | 38.0 |
| Total assets | $1,056.0 | $1,043.6 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | $11.5 | $13.3 |
| Accounts payable | 91.6 | 79.2 |
| Customer deposits | 72.3 | 77.3 |
| Accrued product warranty | 17.8 | 16.1 |
| Accrued employee related liabilities | 38.4 | 38.2 |
| Accrued loss reserves | 1.3 | 1.7 |
| Other current liabilities | 44.1 | 45.9 |
| Total current liabilities | 277.0 | 271.7 |
| Long-term debt | 96.0 | 105.0 |
| Deferred income tax liabilities | 2.3 | 2.4 |
| Other long-term liabilities | 27.6 | 26.9 |
| Total liabilities | 402.9 | 406.0 |
| Commitments and contingencies (Note 7) | ||
| Shareholders' equity: | ||
| Preferred stock – authorized 2,000,000 shares of $1.00 par value; none issued | — | — |
| Common stock – authorized 40,000,000 shares of $0.20 par value; issued and outstanding – 22,840,087 as of March 31, 2025 and 22,803,976 as of December 31, 2024 | 4.6 | 4.6 |
| Additional paid-in capital | 144.0 | 142.9 |
| Accumulated other comprehensive loss | (48.1) | (51.1) |
| Company stock held by deferred compensation programs, at cost | (0.3) | (0.3) |
| Retained earnings | 553.0 | 541.7 |
| Shareholders' equity | 653.2 | 637.8 |
| Noncontrolling interest | (0.1) | (0.2) |
| Total equity | 653.1 | 637.6 |
| Total liabilities and equity | $1,056.0 | $1,043.6 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.