EPLUS 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
PLUS$92.11+11.7%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Unaudited Consolidated Balance Sheets as of September 30, 2024, and March 31, 2024
BALANCESHEETS
(in thousands, except per share amounts)
| September 30, 2024 | March 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $187,528 | $253,021 |
| Accounts receivable—trade, net | 587,998 | 644,616 |
| Accounts receivable—other, net | 76,102 | 46,884 |
| Inventories | 93,857 | 139,690 |
| Financing receivables—net, current | 136,357 | 102,600 |
| Deferred costs | 61,874 | 59,449 |
| Other current assets | 58,663 | 27,269 |
| Total current assets | 1,202,379 | 1,273,529 |
| Financing receivables and operating leases—net | 90,561 | 79,435 |
| Deferred tax asset | 5,633 | 5,620 |
| Property, equipment, and other assets—net | 104,081 | 89,289 |
| Goodwill | 203,233 | 161,503 |
| Other intangible assets—net | 94,167 | 44,093 |
| TOTAL ASSETS | $1,700,054 | $1,653,469 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | $281,927 | $315,676 |
| Accounts payable—floor plan | 115,660 | 105,104 |
| Salaries and commissions payable | 45,163 | 43,696 |
| Deferred revenue | 143,334 | 134,596 |
| Non-recourse notes payable—current | 28,970 | 23,288 |
| Other current liabilities | 34,868 | 34,630 |
| Total current liabilities | 649,922 | 656,990 |
| Non-recourse notes payable—long-term | 9,723 | 12,901 |
| Other liabilities | 93,412 | 81,799 |
| TOTAL LIABILITIES | 753,057 | 751,690 |
| COMMITMENTS AND CONTINGENCIES (Note 10) | ||
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding | - | - |
| Common stock, $0.01 per share par value; 50,000 shares authorized; 26,798 outstanding at September 30, 2024, and 26,952 outstanding at March 31, 2024 | 276 | 274 |
| Additional paid-in capital | 187,330 | 180,058 |
| Treasury stock, at cost, 750 shares at September 30, 2024, and 447 shares at March 31, 2024 | (47,461) | (23,811) |
| Retained earnings | 801,627 | 742,978 |
| Accumulated other comprehensive income—foreign currency translation adjustment | 5,225 | 2,280 |
| Total Stockholders’ Equity | 946,997 | 901,779 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $1,700,054 | $1,653,469 |
UNAUDITED CONSOLIDATED
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.