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Midas Edge

Latham Group Inc

For the period ended Sep 28, 2024. Filed Nov 6, 2024.

View on SEC.gov

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 6, 2024

SWIM$8.28-1.4%Stored close · as of Nov 10, 2026

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

See the whole filing, with its images and exhibits
Contents

Condensed Consolidated Statements of Stockholders’ Equity

(in thousands, except share amounts)

​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · ​ · ​ · ​ · ​ · Accumulated · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · Other · ​ · Total
​ · ​ · ​ · ​ · ​ · ​ · ​ · Paid-in · ​ · Accumulated · ​ · Comprehensive · ​ · Stockholders'
​ · ​ · Shares · ​ · Amount · ​ · Capital · ​ · Deficit · ​ · Loss · ​ · Equity
Balances at December 31, 2022114,667,975​$11​$440,880​$(54,568)​$(3,533)​$382,790
Net loss—​—​—​(14,368)​—​(14,368)
Foreign currency translation adjustments—​—​—​—​(144)​(144)
Issuance of common stock upon release of restricted stock units​22,078​​—​​—​​—​​—​​—
Stock-based compensation expense—​—​6,769​—​—​6,769
Balances at April 1, 2023114,690,053​$11​$447,649​$(68,936)​$(3,677)​$375,047
​​​​​​​​​​​​​​​​​​
Net income—​—​—​5,715​—​5,715
Foreign currency translation adjustments—​—​—​—​(329)​(329)
Repurchase and retirement of common stock under repurchase program(54,271)​—​—​—​—​—
Issuance of common stock upon release of restricted stock units​98,974​​—​​—​​—​​—​​—
Stock-based compensation expense​—​​—​​5,764​​—​​—​​5,764
Balances at July 1, 2023114,734,756​$11​$453,413​$(63,221)​$(4,006)​$386,197
​​​​​​​​​​​​​​​​​​
Net income—​—​—​6,153​—​6,153
Foreign currency translation adjustments—​—​—​—​(2,007)​(2,007)
Retirement of restricted stock​(101,179)​​—​​—​​—​​—​​—
Issuance of common stock​122,368​​—​​—​​—​​—​​—
Stock-based compensation expense​—​​—​​2,354​​—​​—​​2,354
Balances at September 30, 2023114,755,945​$11​$455,767​$(57,068)​$(6,013)​$392,697

Condensed Consolidated Statements of Stockholders’ Equity

(in thousands, except share amounts)

​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · ​ · ​ · ​ · ​ · Accumulated · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · Other · ​ · Total
​ · ​ · ​ · ​ · ​ · ​ · ​ · Paid-in · ​ · Accumulated · ​ · Comprehensive · ​ · Stockholders'
​ · ​ · Shares · ​ · Amount · ​ · Capital · ​ · Deficit · ​ · Loss · ​ · Equity
Balances at December 31, 2023114,871,782​$11​$459,684​$(56,956)​$(3,539)​$399,200
Net loss—​—​—​(7,864)​—​(7,864)
Foreign currency translation adjustments—​—​—​—​(811)​(811)
Issuance of common stock upon release of restricted stock units​517,907​​—​​—​​—​​—​​—
Stock-based compensation expense—​—​1,243​—​—​1,243
Balances at March 30, 2024115,389,689​$11​$460,927​$(64,820)​$(4,350)​$391,768
​​​​​​​​​​​​​​​​​​
Net income—​—​—​13,279​—​13,279
Foreign currency translation adjustments—​—​—​—​983​983
Issuance of common stock upon release of restricted stock units​187,414​​1​​—​​—​​—​​1
Stock-based compensation expense​—​​—​​2,100​​—​​—​​2,100
Balances at June 29, 2024115,577,103​$12​$463,027​$(51,541)​$(3,367)​$408,131
Net income—​—​—​5,896​—​5,896
Foreign currency translation adjustments—​—​—​—​776​776
Issuance of common stock upon release of restricted stock units​15,762​​—​​—​​—​​—​​—
Stock-based compensation expense​—​​—​​1,844​​—​​—​​1,844
Balances at September 28, 2024115,592,865​$12​$464,871​$(45,645)​$(2,591)​$416,647
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.