QuadGraphics Inc
For the period ended Sep 30, 2024. Filed Oct 30, 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 Oct 30, 2024
QUAD$7.40-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
| (UNAUDITED)September 30, 2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $12.5 | $52.9 |
| Receivables, less allowances for credit losses of $21.3 million at September 30, 2024, and $25.7 million at December 31, 2023 | 305.6 | 316.2 |
| Inventories | 201.7 | 178.8 |
| Prepaid expenses and other current assets | 72.1 | 39.8 |
| Total current assets | 591.9 | 587.7 |
| Property, plant and equipment—net | 512.7 | 620.6 |
| Operating lease right-of-use assets—net | 82.7 | 96.6 |
| Goodwill | 100.3 | 103.0 |
| Other intangible assets—net | 10.6 | 21.8 |
| Other long-term assets | 90.6 | 80.0 |
| Total assets | $1,388.8 | $1,509.7 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Accounts payable | $336.6 | $373.6 |
| Other current liabilities | 259.9 | 237.6 |
| Short-term debt and current portion of long-term debt | 77.2 | 151.7 |
| Current portion of finance lease obligations | 0.8 | 2.5 |
| Current portion of operating lease obligations | 23.6 | 25.4 |
| Total current liabilities | 698.1 | 790.8 |
| Long-term debt | 423.4 | 362.5 |
| Finance lease obligations | 1.4 | 6.0 |
| Operating lease obligations | 66.1 | 77.2 |
| Deferred income taxes | 4.0 | 5.1 |
| Other long-term liabilities | 144.9 | 148.6 |
| Total liabilities | 1,337.9 | 1,390.2 |
| Commitments and contingencies (Note 7) | ||
| Shareholders’ equity | ||
| Preferred stock | — | — |
| Common stock, Class A | 1.0 | 1.0 |
| Common stock, Class B | 0.4 | 0.4 |
| Common stock, Class C | — | — |
| Additional paid-in capital | 841.3 | 842.7 |
| Treasury stock, at cost | (27.9) | (33.1) |
| Accumulated deficit | (637.2) | (573.9) |
| Accumulated other comprehensive loss | (126.7) | (117.6) |
| Total shareholders’ equity | 50.9 | 119.5 |
| Total liabilities and shareholders’ equity | $1,388.8 | $1,509.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.