BG Foods Inc

For the period ended Sep 28, 2024. Filed Nov 5, 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.

Sep 28, 2024 · Filed Nov 5, 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


· September 28, · December 30,
· 2024 · 2023
Assets
Current assets:
Cash and cash equivalents	$54,694	$41,094
Trade accounts receivable, net	159,986	143,015
Inventories	618,093	568,980
Prepaid expenses and other current assets	41,916	41,747
Income tax receivable	7,818	7,988
Total current assets	882,507	802,824

Property, plant and equipment, net of accumulated depreciation of $454,761 and $426,084 as of September 28, 2024 and December 30, 2023, respectively	278,310	302,288
Operating lease right-of-use assets	59,753	70,046
Finance lease right-of-use assets	1,038	1,832
Goodwill	548,675	619,399
Other intangible assets, net	1,612,146	1,627,836
Other assets	25,011	23,484
Deferred income taxes	10,975	15,581
Total assets	$3,418,415	$3,463,290

Liabilities and Stockholders’ Equity
Current liabilities:
Trade accounts payable	$175,739	$123,778
Accrued expenses	60,545	83,217
Current portion of operating lease liabilities	18,085	16,939
Current portion of finance lease liabilities	996	1,070
Current portion of long-term debt	265,392	22,000
Income tax payable	1,834	475
Dividends payable	15,041	14,939
Total current liabilities	537,632	262,418

Long-term debt, net of current portion	1,813,961	2,023,088
Deferred income taxes	247,175	267,053
Long-term operating lease liabilities, net of current portion	41,910	53,724
Long-term finance lease liabilities, net of current portion	—	726
Other liabilities	22,430	20,818
Total liabilities	2,663,108	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 September 28, 2024 and December 30, 2023, respectively	792	786
Additional paid-in capital	8,368	46,990
Accumulated other comprehensive (loss) income	(10,106)	2,597
Retained earnings	756,253	785,090
Total stockholders’ equity	755,307	835,463
Total liabilities and stockholders’ equity	$3,418,415	$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.