SiteOne Landscape Supply Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
SITE$117.44+4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except share and per share data)
| Assets | December 31, 2023 | January 1, 2023 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $82.5 | $29.1 |
| Accounts receivable, net of allowance for doubtful accounts of $27.3 and $21.7, respectively | 490.6 | 455.5 |
| Inventory, net | 771.2 | 767.7 |
| Income tax receivable | — | 10.9 |
| Prepaid expenses and other current assets | 61.0 | 56.1 |
| Total current assets | 1,405.3 | 1,319.3 |
| Property and equipment, net (Note 4) | 249.4 | 188.8 |
| Operating lease right-of-use assets, net (Note 6) | 388.9 | 321.6 |
| Goodwill (Note 5) | 485.5 | 411.9 |
| Intangible assets, net (Note 5) | 280.8 | 276.0 |
| Deferred tax assets (Note 1 and Note 9) | 5.3 | 3.7 |
| Other assets | 13.7 | 12.6 |
| Total assets | $2,828.9 | $2,533.9 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $270.8 | $279.7 |
| Current portion of finance leases (Note 6) | 21.8 | 14.8 |
| Current portion of operating leases (Note 6) | 83.6 | 70.1 |
| Accrued compensation | 74.2 | 81.2 |
| Long-term debt, current portion (Note 8) | 5.3 | 4.0 |
| Income tax payable | 8.0 | — |
| Accrued liabilities | 114.6 | 110.0 |
| Total current liabilities | 578.3 | 559.8 |
| Other long-term liabilities | 11.5 | 12.8 |
| Finance leases, less current portion (Note 6) | 69.8 | 43.9 |
| Operating leases, less current portion (Note 6) | 313.3 | 260.1 |
| Deferred tax liabilities (Note 1 and Note 9) | 2.3 | 7.8 |
| Long-term debt, less current portion (Note 1 and Note 8) | 367.6 | 346.6 |
| Total liabilities | 1,342.8 | 1,231.0 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity (Note 1): | ||
| Common stock, par value $0.01; 1,000,000,000 shares authorized; 45,404,091 and 45,148,312 shares issued, and 45,082,070 and 44,916,291 shares outstanding at December 31, 2023 and January 1, 2023, respectively | 0.5 | 0.5 |
| Additional paid-in capital | 601.8 | 577.1 |
| Retained earnings | 916.3 | 742.9 |
| Accumulated other comprehensive income | 4.2 | 7.7 |
| Treasury stock, at cost, 322,021 and 232,021 shares at December 31, 2023 and January 1, 2023, respectively | (36.7) | (25.3) |
| Total stockholders’ equity | 1,486.1 | 1,302.9 |
| Total liabilities and stockholders’ equity | $2,828.9 | $2,533.9 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.