BG Foods Inc

For the period ended Mar 30, 2024. Filed May 8, 2024.

About 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.

Mar 30, 2024 · Filed May 8, 2024

BGS$2.66+6.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets


· March 30, · December 30,
· 2024 · 2023
Assets
Current assets:
Cash and cash equivalents	$42,460	$41,094
Trade accounts receivable, net	136,011	143,015
Inventories	560,589	568,980
Prepaid expenses and other current assets	42,962	41,747
Income tax receivable	3,299	7,988
Total current assets	785,321	802,824

Property, plant and equipment, net of accumulated depreciation of $438,888 and $426,084 as of March 30, 2024 and December 30, 2023, respectively	296,004	302,288
Operating lease right-of-use assets	66,361	70,046
Finance lease right-of-use assets	1,568	1,832
Goodwill	548,661	619,399
Other intangible assets, net	1,622,335	1,627,836
Other assets	24,307	23,484
Deferred income taxes	15,967	15,581
Total assets	$3,360,524	$3,463,290

Liabilities and Stockholders’ Equity
Current liabilities:
Trade accounts payable	$132,907	$123,778
Accrued expenses	55,379	83,217
Current portion of operating lease liabilities	17,223	16,939
Current portion of finance lease liabilities	1,076	1,070
Current portion of long-term debt	22,000	22,000
Income tax payable	630	475
Dividends payable	15,020	14,939
Total current liabilities	244,235	262,418

Long-term debt, net of current portion	2,014,153	2,023,088
Deferred income taxes	249,176	267,053
Long-term operating lease liabilities, net of current portion	49,860	53,724
Long-term finance lease liabilities, net of current portion	455	726
Other liabilities	21,425	20,818
Total liabilities	2,579,304	2,627,827
Commitments and contingencies (Note 12)

Stockholders’ equity:
Preferred stock, $0.01 par value per share. Authorized 1,000,000 shares; no shares issued or outstanding	—	—
Common stock, $0.01 par value per share. Authorized 125,000,000 shares; 79,051,492 and 78,624,419 shares issued and outstanding as of March 30, 2024 and December 30, 2023, respectively	791	786
Additional paid-in capital	32,894	46,990
Accumulated other comprehensive income	2,684	2,597
Retained earnings	744,851	785,090
Total stockholders’ equity	781,220	835,463
Total liabilities and stockholders’ equity	$3,360,524	$3,463,290

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.