MILLER INDUSTRIES INC TN

For the period ended Dec 31, 2024. Filed Mar 5, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 5, 2025

MLR$48.62+5.0%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


· December 31, 2024 · December 31, 2023
(in thousands, except share and per share amounts) · · · ·
ASSETS
CURRENT ASSETS:
Cash and temporary investments	$24,337	$29,909
Accounts receivable, net of allowance for credit losses of $1,850 and $1,527 as of December 31, 2024 and December 31, 2023, respectively	313,413	286,138
Inventories, net	186,169	189,807
Prepaid expenses	5,847	4,617
Total current assets	529,766	510,471
NON-CURRENT ASSETS:
Property, plant and equipment, net	115,979	115,072
Right-of-use assets – operating leases	545	826
Goodwill	19,998	20,022
Other assets	727	819
TOTAL ASSETS	$667,015	$647,210

LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$145,853	$191,782
Accrued liabilities	50,620	40,793
Income taxes payable	1,082	1,819
Current portion of operating lease obligation	318	320
Total current liabilities	197,873	234,714
NON-CURRENT LIABILITIES:
Long-term obligations	65,000	60,000
Non-current portion of operating lease obligation	227	506
Deferred income tax liabilities	2,885	4,070
TOTAL LIABILITIES	265,985	299,290

COMMITMENTS AND CONTINGENCIES (Note 10)

SHAREHOLDERS’ EQUITY:
Preferred stock, $0.01 par value per share:
Authorized – 5,000,000 shares, Issued – none	—	—
Common stock, $0.01 par value per share:
Authorized – 100,000,000 shares, Issued – 11,439,292 and 11,445,640 shares as of December 31, 2024 and December 31, 2023, respectively	114	114
Additional paid-in capital	153,704	153,574
Retained earnings	254,938	200,165
Accumulated other comprehensive loss	(7,726)	(5,933)
TOTAL SHAREHOLDERS’ EQUITY	401,030	347,920
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$667,015	$647,210


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PART II	ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

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.