SPS COMMERCE INC
For the period ended Sep 30, 2024. Filed Oct 24, 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 Oct 24, 2024
SPSC$80.92-0.1%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
| Common Stock · Treasury Stock · AdditionalPaid-inCapital · RetainedEarnings · Accumulated Other Comprehensive Loss · TotalStockholders'Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in thousands, except shares) (unaudited) · Shares · Amount · Shares · Amount | ||||||||
| Balances, June 30, 2023 | 36,646,819 | $39 | 2,151,098 | $(128,892) | $508,484 | $223,192 | $(1,842) | $600,981 |
| Stock-based compensation | — | — | — | — | 10,780 | — | — | 10,780 |
| Shares issued pursuant to stock awards | 45,952 | — | — | — | 705 | — | — | 705 |
| Employee stock purchase plan activity | 3,159 | — | — | — | 344 | — | — | 344 |
| Net income | — | — | — | — | — | 16,842 | — | 16,842 |
| Foreign currency translation adjustments | — | — | — | — | — | — | (2,966) | (2,966) |
| Unrealized gain on investments, net of tax | — | — | — | — | — | — | 570 | 570 |
| Reclassification of gain on investments into earnings, net of tax | — | — | — | — | — | — | (412) | (412) |
| Balances, September 30, 2023 | 36,695,930 | $39 | 2,151,098 | $(128,892) | $520,313 | $240,034 | $(4,650) | $626,844 |
| Balances, June 30, 2024 | 37,086,627 | $39 | 2,333,099 | $(162,187) | $574,842 | $295,080 | $(4,353) | $703,421 |
| Stock-based compensation | — | — | — | — | 9,996 | — | — | 9,996 |
| Shares issued pursuant to stock awards | 72,852 | — | — | — | 1,884 | — | — | 1,884 |
| Employee stock purchase plan activity | 2,833 | — | — | — | 453 | — | — | 453 |
| Repurchases of common stock, net of costs | (456) | — | 456 | (84) | — | — | — | (84) |
| Reissuances of treasury stock | 404,587 | — | (404,587) | 62,523 | 24,544 | — | — | 87,067 |
| Net income | — | — | — | — | — | 23,460 | — | 23,460 |
| Foreign currency translation adjustments | — | — | — | — | — | — | 3,332 | 3,332 |
| Unrealized gain on investments, net of tax | — | — | — | — | — | — | 84 | 84 |
| Reclassification of gain on investments into earnings, net of tax | — | — | — | — | — | — | (248) | (248) |
| Balances, September 30, 2024 | 37,566,443 | $39 | 1,928,968 | $(99,748) | $611,719 | $318,540 | $(1,185) | $829,365 |
| SPS COMMERCE, INC. | 5 | Form 10-Q for the Quarterly Period ended September 30, 2024 |
|---|
| Common Stock · Treasury Stock · AdditionalPaid-inCapital · RetainedEarnings · Accumulated Other Comprehensive Gain (Loss) · TotalStockholders'Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in thousands, except shares) (unaudited) · Shares · Amount · Shares · Amount | ||||||||
| Balances, December 31, 2022 | 36,158,046 | $38 | 2,151,098 | $(128,892) | $476,117 | $193,221 | $(3,411) | $537,073 |
| Stock-based compensation | — | — | — | — | 34,192 | — | — | 34,192 |
| Shares issued pursuant to stock awards | 496,500 | 1 | — | — | 5,523 | — | — | 5,524 |
| Employee stock purchase plan activity | 41,384 | — | — | — | 4,481 | — | — | 4,481 |
| Net income | — | — | — | — | — | 46,813 | — | 46,813 |
| Foreign currency translation adjustments | — | — | — | — | — | — | (1,446) | (1,446) |
| Unrealized gain on investments, net of tax | — | — | — | — | — | — | 1,376 | 1,376 |
| Reclassification of gain on investments into earnings, net of tax | — | — | — | — | — | — | (1,169) | (1,169) |
| Balances, September 30, 2023 | 36,695,930 | $39 | 2,151,098 | $(128,892) | $520,313 | $240,034 | $(4,650) | $626,844 |
| Balances, December 31, 2023 | 36,820,048 | $39 | 2,151,098 | $(128,892) | $537,061 | $259,045 | $222 | $667,475 |
| Stock-based compensation | — | — | — | — | 40,075 | — | — | 40,075 |
| Shares issued pursuant to stock awards | 488,849 | — | — | — | 4,198 | — | — | 4,198 |
| Employee stock purchase plan activity | 35,416 | — | — | — | 5,672 | — | — | 5,672 |
| Repurchases of common stock, net of costs | (205,331) | — | 205,331 | (37,567) | — | — | — | (37,567) |
| Reissuances of treasury stock | 427,461 | — | (427,461) | 66,711 | 24,713 | — | — | 91,424 |
| Net income | — | — | — | — | — | 59,495 | — | 59,495 |
| Foreign currency translation adjustments | — | — | — | — | — | — | (886) | (886) |
| Unrealized gain on investments, net of tax | — | — | — | — | — | — | 1,089 | 1,089 |
| Reclassification of gain on investments into earnings, net of tax | — | — | — | — | — | — | (1,610) | (1,610) |
| Balances, September 30, 2024 | 37,566,443 | $39 | 1,928,968 | $(99,748) | $611,719 | $318,540 | $(1,185) | $829,365 |
See accompanying notes to these condensed consolidated financial statements..
| SPS COMMERCE, INC. | 6 | Form 10-Q for the Quarterly Period ended September 30, 2024 |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.