GoDaddy Inc
For the period ended Mar 31, 2024. Filed May 3, 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.
Mar 31, 2024 · Filed May 3, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders' Equity (Deficit
Consolidated Statements of Stockholders' Equity (Deficit) (unaudited)
(In millions, except shares in thousands)
| Class A Common Stock · Class B Common Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Income · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares(1) · Amount | ||||||||
| Balance at December 31, 2023 | 142,051 | $0.1 | 259 | $— | $2,271.6 | $(2,320.7) | $111.2 | $62.2 |
| Net income | — | — | — | — | — | 401.5 | — | 401.5 |
| Equity-based compensation, including amounts capitalized | — | — | — | — | 72.3 | — | — | 72.3 |
| Stock option exercises | 80 | — | — | — | 2.1 | — | — | 2.1 |
| Repurchases of Class A common stock(2) | (1,245) | — | — | — | — | (147.1) | — | (147.1) |
| Impact of derivatives, net | — | — | — | — | — | — | 19.8 | 19.8 |
| Change in foreign currency translation adjustment | — | — | — | — | — | — | 3.8 | 3.8 |
| Vesting of restricted stock units and other | 1,543 | — | (259) | — | (0.1) | 0.1 | 0.2 | 0.2 |
| Balance at March 31, 2024 | 142,429 | $0.1 | — | $— | $2,345.9 | $(2,066.2) | $135.0 | $414.8 |
(1)Substantially all Class B shares were no longer outstanding as of March 31, 2024. See Note 1 for further discussion.
(2)Includes a 1% excise tax on shares repurchased, net of the fair market value of new share issuances, of $0.5 million.
Consolidated Statements of Stockholders' Equity (Deficit) (unaudited) (continued)
(In millions, except shares in thousands)
| Class A Common Stock · Class B Common Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Non-ControllingInterests · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||
| Balance at December 31, 2022 | 153,830 | $0.2 | 312 | $— | $1,912.6 | $(2,422.6) | $178.0 | $2.5 | $(329.3) |
| Net income | — | — | — | — | — | 47.3 | — | 0.1 | 47.4 |
| Equity-based compensation, including amounts capitalized | — | — | — | — | 74.5 | — | — | — | 74.5 |
| Stock option exercises | 132 | — | — | — | 3.2 | — | — | — | 3.2 |
| Repurchases of Class A common stock | (1,553) | — | — | — | — | (113.9) | — | — | (113.9) |
| Impact of derivatives, net | — | — | — | — | — | — | (39.5) | — | (39.5) |
| Change in foreign currency translation adjustment | — | — | — | — | — | — | 2.1 | — | 2.1 |
| Vesting of restricted stock units and other | 1,705 | — | (5) | — | 0.2 | (0.1) | 0.1 | (0.2) | — |
| Balance at March 31, 2023 | 154,114 | $0.2 | 307 | $— | $1,990.5 | $(2,489.3) | $140.7 | $2.4 | $(355.5) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.