MILLER INDUSTRIES INC /TN/

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

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.

Jun 30, 2025 · Filed Aug 6, 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

Condensed Consolidated Balance Sheets


· June 30, 2025 · December 31, 2024
(in thousands, except share and per share amounts) · (Unaudited) · · ·
ASSETS
CURRENT ASSETS:
Cash and temporary investments	$31,821	$24,337
Accounts receivable, net of allowance for credit losses of $1,966 and $1,850 as of June 30, 2025 and December 31, 2024, respectively	270,419	313,413
Inventories, net	165,458	186,169
Prepaid expenses	17,711	5,847
Total current assets	485,409	529,766
NON-CURRENT ASSETS:
Property, plant and equipment, net	115,970	115,979
Right-of-use assets – operating leases	448	545
Goodwill	19,998	19,998
Other assets	1,108	727
TOTAL ASSETS	$622,933	$667,015

LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$98,035	$145,853
Accrued liabilities	46,614	50,620
Income taxes payable	1,390	1,082
Current portion of operating lease obligation	307	318
Total current liabilities	146,346	197,873
NON-CURRENT LIABILITIES:
Long-term obligations	55,000	65,000
Non-current portion of operating lease obligation	141	227
Deferred income tax liabilities	2,852	2,885
TOTAL LIABILITIES	204,339	265,985

COMMITMENTS AND CONTINGENCIES (Note 7)

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 – 11,458,123 and 11,439,292 shares as of June 30, 2025 and December 31, 2024, respectively	115	114
Additional paid-in capital	154,176	153,704
Retained earnings	266,879	254,938
Accumulated other comprehensive loss	(2,576)	(7,726)
TOTAL SHAREHOLDERS’ EQUITY	418,594	401,030
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$622,933	$667,015


4 \| Q2 FY 2025 FORM 10-Q


FINANCIAL STATEMENTS

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.