GoDaddy Inc
For the period ended Sep 30, 2024. Filed Oct 31, 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.
Sep 30, 2024 · Filed Oct 31, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity (Deficit)
Consolidated Statements of Stockholders' Equity (Deficit) (unaudited)
| Class A Common Stock · Class B Common Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Income · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · 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(1) | (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 |
| Net income | — | — | — | — | — | 146.3 | — | 146.3 |
| Equity-based compensation, including amounts capitalized | — | — | — | — | 76.8 | — | — | 76.8 |
| Stock option exercises | 46 | — | — | — | 1.8 | — | — | 1.8 |
| Repurchases of Class A common stock(1)(2) | (2,058) | — | — | — | — | (502.8) | — | (502.8) |
| Issuance of Class A common stock under 2015 Employee Stock Purchase Plan (ESPP) | 249 | — | — | — | 19.5 | — | — | 19.5 |
| Impact of derivatives, net | — | — | — | — | — | — | (5.5) | (5.5) |
| Change in foreign currency translation adjustment | — | — | — | — | — | — | 6.3 | 6.3 |
| Vesting of restricted stock units and other | 789 | — | — | — | (0.1) | (0.1) | — | (0.2) |
| Balance at June 30, 2024 | 141,455 | 0.1 | — | — | 2,443.9 | (2,422.8) | 135.8 | 157.0 |
| Net income | — | — | — | — | — | 190.5 | — | 190.5 |
| Equity-based compensation, including amounts capitalized | — | — | — | — | 74.9 | — | — | 74.9 |
| Stock option exercises | 29 | — | — | — | 0.5 | — | — | 0.5 |
| Repurchases of Class A common stock(1)(2) | (1,876) | — | — | — | — | (20.3) | — | (20.3) |
| Impact of derivatives, net | — | — | — | — | — | — | (52.2) | (52.2) |
| Change in foreign currency translation adjustment | — | — | — | — | — | — | 6.6 | 6.6 |
| Class A Common Stock · Class B Common Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Income · Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Vesting of restricted stock units and other | 741 | — | — | — | (0.3) | — | — | (0.3) |
| Balance at September 30, 2024 | 140,349 | $0.1 | $— | $— | $2,519.0 | $(2,252.6) | $90.2 | $356.7 |
(1)Includes a 1% excise tax on shares repurchased, net of the fair market value of new share issuances, of $1.4 million, $1.3 million, and $(0.5) million, for the three months ended September 30, 2024, June 30, 2024, and March 31, 2024, respectively.
(2)During the three months ended June 30, 2024, we entered into accelerated share repurchase agreements (ASRs) to repurchase shares of our Class A common stock, pursuant to which, an upfront payment of $245.0 million was made. No shares were initially received in connection with these ASRs. During the three months ended September 30, 2024, as further discussed in Note 4, the ASRs were settled in full with the delivery of 1,353 shares of Class A common stock for $188.9 million and a return of $56.1 million in cash of the upfront payment.
| 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) |
| Net income | — | — | — | — | — | 82.9 | — | 0.2 | 83.1 |
| Equity-based compensation, including amounts capitalized | — | — | — | — | 78.0 | — | — | — | 78.0 |
| Stock option exercises | 115 | — | — | — | 1.6 | — | — | (0.1) | 1.5 |
| Repurchases of Class A common stock(1) | (7,019) | (0.1) | — | — | — | (511.5) | — | — | (511.6) |
| Issuance of Class A common stock under ESPP | 299 | — | — | — | 18.2 | — | — | — | 18.2 |
| Impact of derivatives, net | — | — | — | — | — | — | 17.8 | — | 17.8 |
| Change in foreign currency translation adjustment | — | — | — | — | — | — | 3.9 | — | 3.9 |
| Vesting of restricted stock units and other | 784 | — | — | — | (0.1) | 0.1 | — | 0.1 | 0.1 |
| Balance at June 30, 2023 | 148,293 | 0.1 | 307 | — | 2,088.2 | (2,917.8) | 162.4 | 2.6 | (664.5) |
| Class A Common Stock · Class B Common Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Non-ControllingInterests · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||
| Net income | — | — | — | — | — | 130.7 | — | 0.3 | 131.0 |
| Equity-based compensation, including amounts capitalized | — | — | — | — | 76.7 | — | — | — | 76.7 |
| Stock option exercises | 59 | — | — | — | 4.9 | — | — | — | 4.9 |
| Repurchases of Class A common stock(1) | (7,166) | — | — | — | — | (528.2) | — | — | (528.2) |
| Impact of derivatives, net | — | — | — | — | — | — | 16.5 | — | 16.5 |
| Change in foreign currency translation adjustment | — | — | — | — | — | — | (9.9) | — | (9.9) |
| Vesting of restricted stock units and other | 803 | — | — | — | 0.2 | — | (0.1) | — | 0.1 |
| Balance at September 30, 2023 | 141,989 | $0.1 | 307 | $— | $2,170.0 | $(3,315.3) | $168.9 | $2.9 | $(973.4) |
(1)Includes a 1% excise tax on shares repurchased, net of the fair market value of new share issuances, of $4.6 million.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.