COMPASS MINERALS INTERNATIONAL INC
For the period ended Dec 31, 2023. Filed Feb 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.
Dec 31, 2023 · Filed Feb 8, 2024
CMP$22.91+0.9%Stored close · as of Nov 6, 2026
Contents
Consolidated Balance Sheets as of December 31, 2023 (unaudited) and September 30, 2023
CONSOLIDATED BALANCE SHEETS
(in millions, except share data)
| (Unaudited) | ||
|---|---|---|
| December 31,2023 | September 30,2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $38.3 | $38.7 |
| Receivables, less allowance for doubtful accounts of $2.6 at December 31, 2023 and $2.3 at September 30, 2023 | 168.6 | 129.5 |
| Inventories | 392.5 | 392.2 |
| Other | 28.4 | 33.4 |
| Total current assets | 627.8 | 593.8 |
| Property, plant and equipment, net | 803.0 | 852.2 |
| Intangible assets, net | 119.5 | 120.0 |
| Goodwill | 97.2 | 96.8 |
| Other | 157.8 | 155.2 |
| Total assets | $1,805.3 | $1,818.0 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $5.0 | $5.0 |
| Accounts payable | 85.9 | 116.8 |
| Accrued salaries and wages | 19.5 | 25.7 |
| Income taxes payable | 2.1 | 16.5 |
| Accrued interest | 4.4 | 12.9 |
| Accrued expenses and other current liabilities | 87.4 | 98.9 |
| Total current liabilities | 204.3 | 275.8 |
| Long-term debt, net of current portion | 908.7 | 800.3 |
| Deferred income taxes, net | 60.7 | 58.5 |
| Other noncurrent liabilities | 171.8 | 166.2 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Common stock: $0.01 par value, 200,000,000 authorized shares; 42,197,964 issued shares at December 31, 2023 and September 30, 2023 | 0.4 | 0.4 |
| Additional paid-in capital | 424.8 | 413.1 |
| Treasury stock, at cost — 976,106 shares at December 31, 2023 and 1,038,168 shares at September 30, 2023 | (9.3) | (8.7) |
| Retained earnings | 135.6 | 217.1 |
| Accumulated other comprehensive loss | (91.7) | (104.7) |
| Total stockholders’ equity | 459.8 | 517.2 |
| Total liabilities and stockholders’ equity | $1,805.3 | $1,818.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.