WEYCO GROUP INC

For the period ended Dec 31, 2024. Filed Mar 14, 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 14, 2025

WEYS$60.76+0.1%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

At December 31, 2024 and 2023


· · 2024 · · 2023
· · (In thousands, except par value and share data)
ASSETS: · ·
Cash and cash equivalents	$70,963	$69,312
Marketable securities, at amortized cost	852	215
Accounts receivable, less allowances of $2,140 and $2,510, respectively	37,464	39,275
Income tax receivable	1,086	245
Inventories	74,012	74,890
Prefunded dividend	21,579	2,352
Prepaid expenses and other current assets	3,435	3,820
Total current assets	209,391	190,109

Marketable securities, at amortized cost	5,529	6,354
Deferred income tax benefits	1,037	1,096
Property, plant and equipment, net	28,180	29,504
Operating lease right-of-use assets	10,504	12,520
Goodwill	12,317	12,317
Trademarks	32,868	33,168
Other assets	24,260	24,274
Total assets	$324,086	$309,342

LIABILITIES AND EQUITY:
Accounts payable	$8,378	$8,845
Dividend payable	21,579	2,352
Operating lease liabilities	4,033	3,979
Accrued liabilities:
Accrued compensation and employee benefits	6,942	7,071
Sales and advertising allowances	2,256	2,533
Taxes other than income taxes	930	1,012
Other	3,145	3,830
Total current liabilities	47,263	29,622

Deferred income tax liabilities	13,922	11,819
Long-term pension liability	9,888	13,412
Operating lease liabilities	7,034	9,531
Other long-term liabilities	394	465
Total liabilities	78,501	64,849

Commitments and contingencies (Note 15)

Common stock, $1.00 par value, authorized 24,000,000 shares in 2024 and 2023, issued and outstanding 9,642,630 shares in 2024 and 9,496,729 shares in 2023	9,643	9,497
Capital in excess of par value	72,577	71,661
Reinvested earnings	181,299	180,646
Accumulated other comprehensive loss	(17,934)	(17,311)
Total equity	245,585	244,493
Total liabilities and equity	$324,086	$309,342

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.