UNIFIRST CORP

For the period ended Nov 30, 2024. Filed Jan 10, 2025.

About 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.

Nov 30, 2024 · Filed Jan 10, 2025

UNF$238.12+1.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets as of

Consolidated Balance Sheets

(In thousands, except share and par value data)	November 30, 2024	August 31, 2024
Assets
Current assets:
Cash and cash equivalents	$166,246	$161,571
Short-term investments	14,734	13,505
Receivables, less reserves of $7,805 and $7,916	281,542	278,851
Inventories	155,098	156,908
Rental merchandise in service	234,353	237,969
Prepaid taxes	7,608	14,893
Prepaid expenses and other current assets	56,816	51,979
Total current assets	916,397	915,676
Property, plant and equipment, net	802,571	801,612
Goodwill	649,890	648,850
Customer contracts, net	83,557	85,990
Other intangible assets, net	30,873	34,009
Deferred income taxes	804	833
Operating lease right-of-use assets, net	64,921	66,682
Other assets	152,739	142,761
Total assets	$2,701,752	$2,696,413
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable	$86,468	$92,509
Accrued liabilities	156,445	170,240
Accrued taxes	—	447
Operating lease liabilities, current	17,985	18,241
Total current liabilities	260,898	281,437
Accrued liabilities	122,597	123,401
Accrued and deferred income taxes	135,105	132,496
Operating lease liabilities	49,505	50,568
Total liabilities	568,105	587,902
Commitments and contingencies (Note 12)
Shareholders’ equity:
Preferred Stock, $1.00 par value; 2,000,000 shares authorized; no shares issued and outstanding	—	—
Common Stock, $0.10 par value; 30,000,000 shares authorized; 15,030,634 and 15,000,552 shares issued and outstanding as of November 30, 2024 and August 31, 2024, respectively	1,503	1,500
Class B Common Stock, $0.10 par value; 20,000,000 shares authorized; 3,558,435 and 3,590,295 shares issued and outstanding as of November 30, 2024 and August 31, 2024, respectively	356	359
Capital surplus	104,108	104,791
Retained earnings	2,056,219	2,025,505
Accumulated other comprehensive loss	(28,539)	(23,644)
Total shareholders’ equity	2,133,647	2,108,511
Total liabilities and shareholders’ equity	$2,701,752	$2,696,413

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.