Kimball Electronics Inc
For the period ended Dec 31, 2023. Filed Feb 6, 2024.
View on SEC.govAbout 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.
Dec 31, 2023 · Filed Feb 6, 2024
KE$19.83+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets - December 31, 2023 (Unaudited) and June 30, 2023
CONDENSED CONSOLIDATED BALANCE SHEETS
(Amounts in Thousands, Except for Share Data)
| (Unaudited) | ||
|---|---|---|
| December 31,2023 | June 30,2023 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $39,947 | $42,955 |
| Receivables, net of allowances of $222 and $257, respectively | 309,702 | 308,167 |
| Contract assets | 81,891 | 78,798 |
| Inventories | 455,736 | 450,319 |
| Prepaid expenses and other current assets | 43,226 | 49,188 |
| Total current assets | 930,502 | 929,427 |
| Property and Equipment, net of accumulated depreciation of $307,886 and $293,197, respectively | 275,984 | 267,684 |
| Goodwill | 12,011 | 12,011 |
| Other Intangible Assets, net of accumulated amortization of $40,143 and $38,785, respectively | 10,993 | 12,335 |
| Other Assets | 47,544 | 38,262 |
| Total Assets | $1,277,034 | $1,259,719 |
| LIABILITIES AND SHARE OWNERS’ EQUITY | ||
| Current Liabilities: | ||
| Current portion of borrowings under credit facilities | $86,765 | $46,454 |
| Accounts payable | 279,909 | 322,274 |
| Advances from customers | 42,717 | 33,905 |
| Accrued expenses | 63,448 | 72,515 |
| Total current liabilities | 472,839 | 475,148 |
| Other Liabilities: | ||
| Long-term debt under credit facilities, less current portion | 235,000 | 235,000 |
| Long-term income taxes payable | 3,255 | 5,859 |
| Other long-term liabilities | 18,951 | 19,718 |
| Total other liabilities | 257,206 | 260,577 |
| Share Owners’ Equity: | ||
| Preferred stock-no par value | ||
| Shares authorized: 15,000,000Shares issued: None | — | — |
| Common stock-no par value | ||
| Shares authorized: 150,000,000Shares issued: 29,430,000Shares outstanding: 24,865,000 and 24,724,000, respectively | — | — |
| Additional paid-in capital | 316,309 | 315,482 |
| Retained earnings | 315,097 | 296,053 |
| Accumulated other comprehensive loss | (9,641) | (11,046) |
| Treasury stock, at cost: | ||
| Shares: 4,565,000 and 4,706,000, respectively | (74,776) | (76,495) |
| Total Share Owners’ Equity | 546,989 | 523,994 |
| Total Liabilities and Share Owners’ Equity | $1,277,034 | $1,259,719 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.