BG Foods Inc

For the period ended Jun 29, 2024. Filed Aug 6, 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.

Jun 29, 2024 · Filed Aug 6, 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


· June 29, · December 30,
· 2024 · 2023
Assets
Current assets:
Cash and cash equivalents	$40,323	$41,094
Trade accounts receivable, net	142,252	143,015
Inventories	559,594	568,980
Prepaid expenses and other current assets	42,803	41,747
Income tax receivable	11,604	7,988
Total current assets	796,576	802,824

Property, plant and equipment, net of accumulated depreciation of $446,027 and $426,084 as of June 29, 2024 and December 30, 2023, respectively	287,395	302,288
Operating lease right-of-use assets	64,140	70,046
Finance lease right-of-use assets	1,303	1,832
Goodwill	548,589	619,399
Other intangible assets, net	1,617,047	1,627,836
Other assets	24,768	23,484
Deferred income taxes	11,731	15,581
Total assets	$3,351,549	$3,463,290

Liabilities and Stockholders’ Equity
Current liabilities:
Trade accounts payable	$126,210	$123,778
Accrued expenses	64,166	83,217
Current portion of operating lease liabilities	17,841	16,939
Current portion of finance lease liabilities	1,082	1,070
Current portion of long-term debt	265,392	22,000
Income tax payable	240	475
Dividends payable	15,041	14,939
Total current liabilities	489,972	262,418

Long-term debt, net of current portion	1,779,034	2,023,088
Deferred income taxes	248,909	267,053
Long-term operating lease liabilities, net of current portion	46,517	53,724
Long-term finance lease liabilities, net of current portion	183	726
Other liabilities	21,923	20,818
Total liabilities	2,586,538	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; 79,163,886 and 78,624,419 shares issued and outstanding as of June 29, 2024 and December 30, 2023, respectively	792	786
Additional paid-in capital	21,288	46,990
Accumulated other comprehensive (loss) income	(5,858)	2,597
Retained earnings	748,789	785,090
Total stockholders’ equity	765,011	835,463
Total liabilities and stockholders’ equity	$3,351,549	$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.