SCANSOURCE INC
For the period ended Jun 30, 2024. Filed Aug 27, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Aug 27, 2024
SCSC$45.43+3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share information)
| June 30,2024 | June 30,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $185,460 | $36,178 |
| Accounts receivable, less allowance of $20,684 at June 30, 2024and $15,480 at June 30, 2023 | 581,523 | 753,236 |
| Inventories | 512,634 | 757,574 |
| Prepaid expenses and other current assets | 125,082 | 110,087 |
| Total current assets | 1,404,699 | 1,657,075 |
| Property and equipment, net | 33,501 | 37,379 |
| Goodwill | 206,301 | 216,706 |
| Identifiable intangible assets, net | 37,634 | 68,495 |
| Deferred income taxes | 19,902 | 17,764 |
| Other non-current assets | 76,995 | 70,750 |
| Total assets | $1,779,032 | $2,068,169 |
| Liabilities and Shareholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $587,984 | $691,119 |
| Accrued expenses and other current liabilities | 65,616 | 78,892 |
| Income taxes payable | 7,895 | 9,875 |
| Current portion of long-term debt | 7,857 | 6,915 |
| Total current liabilities | 669,352 | 786,801 |
| Deferred income taxes | — | 3,816 |
| Long-term debt, net of current portion | 136,149 | 144,006 |
| Borrowings under revolving credit facility | 50 | 178,980 |
| Other long-term liabilities | 49,226 | 49,268 |
| Total liabilities | 854,777 | 1,162,871 |
| Commitments and contingencies | ||
| Shareholders’ equity: | ||
| Preferred stock, no par value; 3,000,000 shares authorized, none issued | — | — |
| Common stock, no par value; 45,000,000 shares authorized, 24,243,848 and 24,844,203 shares issued and outstanding at June 30, 2024 and June 30, 2023, respectively | 26,370 | 58,241 |
| Retained earnings | 1,013,738 | 936,678 |
| Accumulated other comprehensive loss | (115,853) | (89,621) |
| Total shareholders’ equity | 924,255 | 905,298 |
| Total liabilities and shareholders’ equity | $1,779,032 | $2,068,169 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.