MONRO INC
For the period ended Sep 28, 2024. Filed Oct 30, 2024.
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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 Oct 30, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (thousands, except footnotes) (unaudited) | September 28, 2024 | March 30, 2024 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and equivalents | $20,859 | $6,561 |
| Accounts receivable | 13,119 | 11,738 |
| Federal and state income taxes receivable | 1,556 | — |
| Inventory | 161,983 | 154,085 |
| Other current assets | 69,321 | 80,905 |
| Total current assets | 266,838 | 253,289 |
| Property and equipment, net | 272,523 | 280,154 |
| Finance lease and financing obligation assets, net | 178,789 | 180,803 |
| Operating lease assets, net | 195,300 | 202,718 |
| Goodwill | 736,435 | 736,435 |
| Intangible assets, net | 11,778 | 13,298 |
| Assets held for sale | 1,078 | 6,961 |
| Other non-current assets | 18,559 | 19,156 |
| Total assets | $1,681,300 | $1,692,814 |
| Liabilities and shareholders' equity | ||
| Current liabilities | ||
| Current portion of finance leases and financing obligations | $39,179 | $38,233 |
| Current portion of operating lease liabilities | 39,757 | 39,442 |
| Accounts payable | 298,923 | 251,940 |
| Federal and state income taxes payable | — | 880 |
| Accrued payroll, payroll taxes and other payroll benefits | 20,042 | 21,205 |
| Accrued insurance | 59,147 | 55,547 |
| Deferred revenue | 14,823 | 15,155 |
| Other current liabilities | 29,695 | 32,754 |
| Total current liabilities | 501,566 | 455,156 |
| Long-term debt | 62,000 | 102,000 |
| Long-term finance leases and financing obligations | 241,203 | 249,484 |
| Long-term operating lease liabilities | 173,734 | 181,852 |
| Other long-term liabilities | 10,462 | 10,553 |
| Long-term deferred income tax liabilities | 40,364 | 36,962 |
| Long-term income taxes payable | 32 | 32 |
| Total liabilities | 1,029,361 | 1,036,039 |
| Shareholders' equity: | ||
| Class C Convertible Preferred stock | 29 | 29 |
| Common stock | 401 | 400 |
| Treasury stock | (250,111) | (250,115) |
| Additional paid-in capital | 255,715 | 254,484 |
| Accumulated other comprehensive loss | (3,383) | (3,451) |
| Retained earnings | 649,288 | 655,428 |
| Total shareholders' equity | 651,939 | 656,775 |
| Total liabilities and shareholders' equity | $1,681,300 | $1,692,814 |
Class C Convertible Preferred stock Authorized 150,000 shares, $1.50 par value, one preferred stock share to 61.275 common stock shares conversion value,19,664 shares issued and outstanding as of September 28, 2024 and March 30, 2024
Common stock Authorized 65,000,000 shares, $0.01 par value;40,054,071 shares issued as of September 28, 2024 and 40,017,264 shares issued as of March 30, 2024
Treasury stock 10,104,688 shares as of September 28, 2024 and March 30, 2024, at cost
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.