GLOBAL INDUSTRIAL Co
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
GIC$47.29+2.1%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 as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(in millions, except for share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS: | ||
| Current assets: | ||
| Cash and cash equivalents | $44.6 | $34.4 |
| Accounts receivable, (net of allowance for credit losses of $2.8 and $2.9, respectively) | 126.5 | 130.7 |
| Inventories | 167.1 | 150.8 |
| Prepaid expenses and other current assets | 14.4 | 13.9 |
| Total current assets | 352.6 | 329.8 |
| Property, plant and equipment, net | 19.1 | 20.0 |
| Operating lease right-of-use assets | 72.7 | 84.4 |
| Deferred income taxes | 8.1 | 7.9 |
| Goodwill and intangibles | 65.7 | 69.3 |
| Other assets | 2.5 | 2.0 |
| Total assets | $520.7 | $513.4 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY: | ||
| Current liabilities: | ||
| Accounts payable | $106.5 | $111.0 |
| Accrued expenses and other current liabilities | 47.8 | 49.1 |
| Operating lease liabilities | 14.1 | 14.1 |
| Total current liabilities | 168.4 | $174.2 |
| Operating lease liabilities | 69.0 | 81.4 |
| Other liabilities | 2.2 | 2.6 |
| Total liabilities | 239.6 | 258.2 |
| Commitments and contingencies | ||
| Shareholders’ equity: | ||
| Preferred stock, par value $.01 per share, authorized 25 million shares; issued none | 0.0 | 0.0 |
| Common stock, par value $0.01 per share, authorized 150 million shares; issued 39,178,283 and 39,123,102 shares; outstanding 38,230,328 and 38,074,344 shares | 0.4 | 0.4 |
| Additional paid-in capital | 207.5 | 204.8 |
| Treasury stock at cost —947,955 and 1,048,758 shares | (16.8) | (18.6) |
| Retained earnings | 88.6 | 66.0 |
| Accumulated other comprehensive income | 1.4 | 2.6 |
| Total shareholders’ equity | 281.1 | 255.2 |
| Total liabilities and shareholders’ equity | $520.7 | $513.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.