Sonos Inc
For the period ended Dec 30, 2023. Filed Feb 7, 2024.
View on SEC.govAbout this filing
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.
Dec 30, 2023 · Filed Feb 7, 2024
SONO$16.89-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed consolidated statements of stockholders' equity
(unaudited, in thousands, except share amounts)
| Three Months Ended | ||
|---|---|---|
| December 30,2023 | December 31,2022 | |
| Total stockholders' equity, beginning balances | $518,657 | $560,513 |
| Common stock | ||
| Beginning balances | $130 | $130 |
| Issuance of common stock pursuant to equity incentive plans | 1 | 2 |
| Retirement of treasury stock | (4) | (2) |
| Ending balances | $127 | $130 |
| Additional paid-in capital | ||
| Beginning balances | $607,345 | $617,390 |
| Issuance of common stock pursuant to equity incentive plans | 3,537 | 8,101 |
| Retirement of treasury stock | (60,954) | (39,266) |
| Stock-based compensation expense | 19,358 | 20,195 |
| Ending balances | $569,286 | $606,420 |
| Treasury stock | ||
| Beginning balances | $(72,586) | $(50,896) |
| Retirement of treasury stock | 60,959 | 39,268 |
| Repurchase of common stock | (23,484) | (15,043) |
| Repurchase of common stock related to shares withheld for tax in connection with vesting of stock awards | (3,745) | (8,376) |
| Ending balances | $(38,856) | $(35,047) |
| Retained earnings (accumulated deficit) | ||
| Beginning balances | $(12,788) | $(2,514) |
| Net income | 80,947 | 75,188 |
| Ending balances | $68,159 | $72,674 |
| Accumulated other comprehensive loss | ||
| Beginning balances | $(3,444) | $(3,597) |
| Change in foreign currency translation adjustment | (863) | (7,226) |
| Ending balances | $(4,307) | $(10,823) |
| Total stockholders' equity, ending balances | $594,409 | $633,354 |
| Common stock shares: | ||
| Beginning balances | 130,399,940 | 129,823,663 |
| Issuance of common stock pursuant to equity incentive plans | 1,268,520 | 1,973,506 |
| Retirement of treasury stock | (4,424,500) | (2,293,416) |
| Ending balances | 127,243,960 | 129,503,753 |
| Treasury stock shares: | ||
| Beginning balances | (5,286,024) | (3,154,940) |
| Retirement of treasury stock | 4,424,500 | 2,293,416 |
| Repurchase of common stock | (1,478,597) | (849,806) |
| Repurchase of common stock related to shares withheld for tax in connection with vesting of stock awards | (332,550) | (470,585) |
| Ending balances | (2,672,671) | (2,181,915) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.