Advantage Solutions Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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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.
Sep 30, 2024 · Filed Nov 12, 2024
ADV$32.29-2.6%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
| Accumulated | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Additional · Other · Total | |||||||||
| Common Stock · Treasury Stock · Paid-in · Accumulated · Loans to · Comprehensive · Stockholders' | |||||||||
| (in thousands, except share data) | Shares | Amount | Shares | Amount | Capital | Deficit | Topco | Income (Loss) | Equity |
| Balance at July 1, 2024 | 323,020,596 | $32 | 8,875,170 | $(39,724) | $3,452,358 | $(2,420,792) | $(6,707) | $(11,433) | $973,734 |
| Comprehensive loss | |||||||||
| Net loss | — | — | — | — | — | (42,776) | — | — | (42,776) |
| Foreign currency translation adjustments | — | — | — | — | — | — | — | 8,132 | 8,132 |
| Total comprehensive loss | — | — | — | — | — | — | — | — | (34,644) |
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (161) | — | (161) |
| Purchase of treasury stock | (3,524,905) | — | 3,524,905 | (13,292) | — | — | — | — | (13,292) |
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | (178) | — | — | — | (178) |
| Shares issued under 2020 Employee Stock Purchase Plan | 401,854 | — | — | — | 1,123 | — | — | — | 1,123 |
| Payments for taxes related to net share settlement under 2020 Incentive Award Plan | — | — | — | — | (550) | — | — | — | (550) |
| Shares issued under 2020 Incentive Award Plan | 520,538 | — | — | — | — | — | — | — | — |
| Stock-based compensation expense | — | — | — | — | 6,499 | — | — | — | 6,499 |
| Balance at September 30, 2024 | 320,418,083 | $32 | 12,400,075 | $(53,016) | $3,459,252 | $(2,463,568) | $(6,868) | $(3,301) | $932,531 |
| Accumulated · Advantage | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional · Other · Solutions Inc. · Total | |||||||||||
| Common Stock · Treasury Stock · Paid-in · Accumulated · Loans to · Comprehensive · Stockholders' · Noncontrolling · Stockholders' | |||||||||||
| (in thousands, except share data) | Shares | Amount | Shares | Amount | Capital | Deficit | Topco | Income (Loss) | Equity | Interest | Equity |
| Balance at July 1, 2023 | 324,481,143 | $32 | 1,610,014 | $(12,567) | $3,427,490 | $(2,303,458) | $(6,375) | $(13,603) | $1,091,519 | $106,087 | $1,197,606 |
| Comprehensive loss | |||||||||||
| Net (loss) income | — | — | — | — | — | (24,338) | — | — | (24,338) | 1,622 | (22,716) |
| Foreign currency translation adjustments | — | — | — | — | — | — | — | (5,709) | (5,709) | (3,727) | (9,436) |
| Total comprehensive loss | — | — | — | — | — | — | — | — | (30,047) | (2,105) | (32,152) |
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (6) | — | (6) | — | (6) |
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | 209 | — | — | — | 209 | — | 209 |
| Shares issued under 2020 Employee Stock Purchase Plan | 566,464 | — | — | — | 1,055 | — | — | — | 1,055 | — | 1,055 |
| Shares issued under 2020 Incentive Award Plan | 727,030 | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation expense | — | — | — | — | 9,588 | — | — | — | 9,588 | — | 9,588 |
| Balance at September 30, 2023 | 325,774,637 | $32 | 1,610,014 | $(12,567) | $3,438,342 | $(2,327,796) | $(6,381) | $(19,312) | $1,072,318 | $103,982 | $1,176,300 |
| Accumulated · Advantage | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional · Other · Solutions Inc. · Total | |||||||||||
| Common Stock · Treasury Stock · Paid-in · Accumulated · Loans to · Comprehensive · Stockholders' · Noncontrolling · Stockholders' | |||||||||||
| (in thousands, except share data) | Shares | Amount | Shares | Amount | Capital | Deficit | Topco | Income (Loss) | Equity | Interest | Equity |
| Balance at January 1, 2024 | 322,235,261 | $32 | 3,600,075 | $(18,949) | $3,449,261 | $(2,314,650) | $(6,387) | $(3,945) | $1,105,362 | $(1,285) | $1,104,077 |
| Comprehensive (loss) income | |||||||||||
| Net (loss) income | — | — | — | — | — | (148,918) | — | — | (148,918) | 2,192 | (146,726) |
| Foreign currency translation adjustments | — | — | — | — | — | — | — | 3,075 | 3,075 | 73 | 3,148 |
| Total comprehensive (loss) income | — | — | — | — | — | — | — | — | (145,843) | 2,265 | (143,578) |
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (481) | — | (481) | — | (481) |
| Purchase of treasury stock | (8,800,000) | — | 8,800,000 | (34,067) | — | — | — | — | (34,067) | — | (34,067) |
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | (658) | — | — | — | (658) | — | (658) |
| Shares issued under 2020 Employee Stock Purchase Plan | 983,808 | — | — | — | 2,294 | — | — | — | 2,294 | — | 2,294 |
| Payments for taxes related to net share settlement under 2020 Incentive Award Plan | — | — | — | — | (11,663) | — | — | — | (11,663) | — | (11,663) |
| Shares issued under 2020 Incentive Award Plan | 5,999,014 | — | — | — | — | — | — | — | — | — | — |
| Sale of a business | — | — | — | — | — | — | — | (2,431) | (2,431) | (980) | (3,411) |
| Stock-based compensation expense | — | — | — | — | 20,018 | — | — | — | 20,018 | — | 20,018 |
| Balance at September 30, 2024 | 320,418,083 | $32 | 12,400,075 | $(53,016) | $3,459,252 | $(2,463,568) | $(6,868) | $(3,301) | $932,531 | $— | $932,531 |
| Accumulated · Advantage | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional · Other · Solutions Inc. · Total | |||||||||||
| Common Stock · Treasury Stock · Paid-in · Accumulated · Loans to · Comprehensive · Stockholders' · Noncontrolling · Stockholders' | |||||||||||
| (in thousands, except share data) | Shares | Amount | Shares | Amount | Capital | Deficit | Topco | Income (Loss) | Equity | Interest | Equity |
| Balance at January 1, 2023 | 319,690,300 | $32 | 1,610,014 | $(12,567) | $3,408,836 | $(2,247,109) | $(6,363) | $(18,849) | $1,123,980 | $101,744 | $1,225,724 |
| Comprehensive (loss) income | |||||||||||
| Net (loss) income | — | — | — | — | — | (80,687) | — | — | (80,687) | 2,280 | (78,407) |
| Foreign currency translation adjustments | — | — | — | — | — | — | — | (463) | (463) | (42) | (505) |
| Total comprehensive (loss) income | — | — | — | — | — | — | — | — | (81,150) | 2,238 | (78,912) |
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (18) | — | (18) | — | (18) |
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | (3,278) | — | — | — | (3,278) | — | (3,278) |
| Shares issued under 2020 Employee Stock Purchase Plan | 1,241,440 | — | — | — | 2,248 | — | — | — | 2,248 | — | 2,248 |
| Payments for taxes related to net share settlement under 2020 Incentive Award Plan | — | — | — | — | (1,277) | — | — | — | (1,277) | — | (1,277) |
| Shares issued under 2020 Incentive Award Plan | 4,842,897 | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation expense | — | — | — | — | 31,813 | — | — | — | 31,813 | — | 31,813 |
| Balance at September 30, 2023 | 325,774,637 | $32 | 1,610,014 | $(12,567) | $3,438,342 | $(2,327,796) | $(6,381) | $(19,312) | $1,072,318 | $103,982 | $1,176,300 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.