PC CONNECTION INC
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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FY2024 · Filed Feb 24, 2025
CNXN$80.09+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · · December 31, | |||||||
| · 2024 · 2023 | |||||||
| ASSETS | | | | | | | |
| Current Assets: | | | | | | | |
| Cash and cash equivalents | | $178,318 | | $144,954 | | ||
| Short-term investments | | | 264,295 | | | 152,232 | |
| Accounts receivable, net | | 611,433 | | 606,834 | | ||
| Inventories, net | | 95,054 | | 124,179 | | ||
| Income taxes receivable | | | 2,394 | | | 4,348 | |
| Prepaid expenses and other current assets | | 15,356 | | 16,092 | | ||
| Total current assets | | 1,166,850 | | 1,048,639 | | ||
| Property and equipment, net | | 52,520 | | 56,658 | | ||
| Right-of-use assets | | | 3,077 | | | 4,340 | |
| Goodwill | | 73,602 | | 73,602 | | ||
| Intangibles, net | | 2,209 | | 3,428 | | ||
| Other assets | | 1,096 | | 1,714 | | ||
| Total Assets | | $1,299,354 | | $1,188,381 | | ||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | | | | | | |
| Current Liabilities: | | | | | | | |
| Accounts payable | | $300,242 | | $263,682 | | ||
| Accrued payroll | | 23,330 | | 20,440 | | ||
| Accrued expenses and other liabilities | | 47,633 | | 43,843 | | ||
| Total current liabilities | | 371,205 | | 327,965 | | ||
| Deferred income taxes | | 15,091 | | 15,844 | | ||
| Non-current operating lease liabilities | | | 1,552 | | | 3,181 | |
| Other liabilities | | 516 | | 624 | | ||
| Total Liabilities | | 388,364 | | 347,614 | | ||
| Stockholders’ Equity: | | | | | | | |
| Common Stock, $.01 par value, 100,000 shares authorized, 29,390 and 29,262 issued, 26,300 and 26,360 outstanding at December 31, 2024 and 2023, respectively | | | 294 | | | 293 | |
| Additional paid-in capital | | 137,036 | | 130,878 | | ||
| Retained earnings | | 837,466 | | 760,898 | | ||
| Accumulated other comprehensive income | | | 174 | | | 81 | |
| Treasury stock at cost, 3,090 and 2,902 shares at December 31, 2024 and 2023, respectively | | | (63,980) | | | (51,383) | |
| Total Stockholders’ Equity | | 910,990 | | 840,767 | | ||
| Total Liabilities and Stockholders’ Equity | | $1,299,354 | | $1,188,381 | | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.