ZIFF DAVIS INC
For the period ended Sep 30, 2024. Filed Nov 8, 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.
Sep 30, 2024 · Filed Nov 8, 2024
ZD$51.14+1.1%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)
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(Unaudited, in thousands, except share amounts)
| Three months ended September 30, 2024 | ||||||
|---|---|---|---|---|---|---|
| Common stock · Additional paid-in · Retained · Accumulated other · TotalStockholders’ | ||||||
| Shares | Amount | capital | earnings | comprehensive loss | Equity | |
| Balance, July 1, 2024 | 44,740,322 | $447 | $476,232 | $1,471,543 | $(78,335) | $1,869,887 |
| Net loss | — | — | — | (48,577) | — | (48,577) |
| Other comprehensive income, net of tax expense of $(118) | — | — | — | — | 14,866 | 14,866 |
| Issuance of restricted stock, net | 526 | — | (198) | 88 | — | (110) |
| Issuance of shares under employee stock purchase plan | — | — | — | — | — | — |
| Repurchase and retirement of common stock | (2,000,000) | (20) | (9,250) | (87,650) | — | (96,920) |
| Share-based compensation | — | — | 10,161 | — | — | 10,161 |
| Increase in fair value of conversion feature on 3.625% Convertible Notes, net of tax effect of $1,000 | — | — | 3,001 | — | — | 3,001 |
| Other, net | — | — | 325 | (321) | — | 4 |
| Balance, September 30, 2024 | 42,740,848 | $427 | $480,271 | $1,335,083 | $(63,469) | $1,752,312 |
| Three months ended September 30, 2023 | ||||||
|---|---|---|---|---|---|---|
| Common stock · Additional paid-in · Retained · Accumulated other · TotalStockholders’ | ||||||
| Shares | Amount | capital | earnings | comprehensive loss | Equity | |
| Balance, July 1, 2023 | 46,402,143 | $464 | $448,920 | $1,492,879 | $(79,581) | $1,862,682 |
| Net loss | — | — | — | (30,971) | — | (30,971) |
| Other comprehensive loss, inclusive of tax expense of $(93) | — | — | — | — | (6,532) | (6,532) |
| Issuance of restricted stock, net | 2,041 | — | (265) | 35 | — | (230) |
| Issuance of common stock, net | 186,102 | 2 | 13,420 | — | — | 13,422 |
| Repurchase and retirement of common stock | (605,428) | (6) | (6,035) | (34,978) | — | (41,019) |
| Share-based compensation | — | — | 6,774 | — | — | 6,774 |
| Other, net | — | — | (2) | 14 | — | 12 |
| Balance, September 30, 2023 | 45,984,858 | $460 | $462,812 | $1,426,979 | $(86,113) | $1,804,138 |
-7-
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(Unaudited, in thousands, except share amounts)
| Nine months ended September 30, 2024 | ||||||
|---|---|---|---|---|---|---|
| Common stock · Additional paid-in · Retained · Accumulated other · TotalStockholders’ | ||||||
| Shares | Amount | capital | earnings | comprehensive loss | Equity | |
| Balance, January 1, 2024 | 46,078,464 | $461 | $472,201 | $1,491,956 | $(71,620) | $1,892,998 |
| Net loss | — | — | — | (1,040) | — | (1,040) |
| Other comprehensive income, net of tax expense of $(200) | — | — | — | — | 8,151 | 8,151 |
| Issuance of restricted stock, net | 69,795 | — | (5,450) | 1,502 | — | (3,948) |
| Issuance of shares under employee stock purchase plan | 92,589 | 1 | 4,524 | — | — | 4,525 |
| Repurchase and retirement of common stock | (3,500,000) | (35) | (24,973) | (156,822) | — | (181,830) |
| Share-based compensation | — | — | 30,633 | — | — | 30,633 |
| Increase in fair value of conversion feature on 3.625% Convertible Notes, net of tax effect of $1,000 | — | — | 3,001 | — | — | 3,001 |
| Other, net | — | — | 335 | (513) | — | (178) |
| Balance, September 30, 2024 | 42,740,848 | $427 | $480,271 | $1,335,083 | $(63,469) | $1,752,312 |
| Nine months ended September 30, 2023 | ||||||
|---|---|---|---|---|---|---|
| Common stock · Additional paid-in · Retained · Accumulated other · TotalStockholders’ | ||||||
| Shares | Amount | capital | earnings | comprehensive loss | Equity | |
| Balance, January 1, 2023 | 47,269,446 | $473 | $439,681 | $1,537,830 | $(85,373) | $1,892,611 |
| Net loss | — | — | — | (21,919) | — | (21,919) |
| Other comprehensive loss, inclusive of tax benefit of $37 | — | — | — | — | (740) | (740) |
| Issuance of restricted stock, net | 28,058 | — | (4,031) | 569 | — | (3,462) |
| Issuance of shares under employee stock purchase plan | 87,098 | 1 | 4,724 | — | — | 4,725 |
| Issuance of common stock, net | 186,102 | 2 | 13,420 | — | — | 13,422 |
| Repurchase and retirement of common stock | (1,585,846) | (16) | (15,388) | (89,515) | — | (104,919) |
| Share-based compensation | — | — | 24,393 | — | — | 24,393 |
| Other, net | — | — | 13 | 14 | — | 27 |
| Balance, September 30, 2023 | 45,984,858 | $460 | $462,812 | $1,426,979 | $(86,113) | $1,804,138 |
-8-
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.