MYERS INDUSTRIES INC
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
View on SEC.govAbout this filing
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.
FY2023 · Filed Mar 5, 2024
MYE$27.97-1.0%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
Consolidated Statements of Financial Position
As of December 31, 2023 and 2022
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current Assets | ||
| Cash | $30,290 | $23,139 |
| Trade accounts receivable, less allowances of $4,189 and $3,259, respectively | 113,907 | 126,184 |
| Other accounts receivable, net | 14,726 | 7,532 |
| Inventories, net | 90,844 | 93,351 |
| Prepaid expenses and other current assets | 6,854 | 7,001 |
| Total Current Assets | 256,621 | 257,207 |
| Property, plant, and equipment, net | 107,933 | 101,566 |
| Right of use asset - operating leases | 27,989 | 28,908 |
| Goodwill | 95,392 | 95,157 |
| Intangible assets, net | 45,129 | 51,752 |
| Deferred income taxes | 209 | 129 |
| Other | 8,358 | 7,915 |
| Total Assets | $541,631 | $542,634 |
| Liabilities and Shareholders’ Equity | ||
| Current Liabilities | ||
| Accounts payable | $79,050 | $73,536 |
| Accrued employee compensation | 17,104 | 24,664 |
| Income taxes payable | 4,253 | 2,054 |
| Accrued taxes payable, other than income taxes | 2,582 | 3,169 |
| Accrued interest | 1,112 | 1,264 |
| Other current liabilities | 28,472 | 26,380 |
| Operating lease liability - short-term | 5,943 | 6,177 |
| Finance lease liability - short-term | 593 | 518 |
| Long-term debt - current portion | 25,998 | — |
| Total Current Liabilities | 165,107 | 137,762 |
| Long-term debt | 31,989 | 93,962 |
| Operating lease liability - long-term | 22,352 | 22,786 |
| Finance lease liability - long-term | 8,615 | 8,919 |
| Other liabilities | 12,108 | 15,270 |
| Deferred income taxes | 8,660 | 7,508 |
| Total Liabilities | 248,831 | 286,207 |
| Shareholders’ Equity | ||
| Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding) | — | — |
| Common Shares, without par value (authorized 60,000,000 shares; outstanding 36,848,465 and 36,500,020; net of treasury shares of 5,703,992 and 6,052,437, respectively) | 22,608 | 22,332 |
| Additional paid-in capital | 322,526 | 315,865 |
| Accumulated other comprehensive loss | (16,815) | (17,793) |
| Retained deficit | (35,519) | (63,977) |
| Total Shareholders’ Equity | 292,800 | 256,427 |
| Total Liabilities and Shareholders’ Equity | $541,631 | $542,634 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.