SiteOne Landscape Supply Inc
For the period ended Sep 29, 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 29, 2024 · Filed Oct 30, 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
Consolidated Balance Sheets (Unaudited)
(In millions, except share and per share data)
| Assets | September 29, 2024 | December 31, 2023 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $85.5 | $82.5 |
| Accounts receivable, net of allowance for doubtful accounts of $25.8 and $27.3, respectively | 574.9 | 490.6 |
| Inventory, net | 884.9 | 771.2 |
| Income tax receivable | 4.0 | — |
| Prepaid expenses and other current assets | 91.4 | 61.0 |
| Total current assets | 1,640.7 | 1,405.3 |
| Property and equipment, net (Note 5) | 288.4 | 249.4 |
| Operating lease right-of-use assets, net (Note 7) | 419.9 | 388.9 |
| Goodwill (Note 6) | 509.9 | 485.5 |
| Intangible assets, net (Note 6) | 268.3 | 280.8 |
| Deferred tax assets | 7.2 | 5.3 |
| Other assets | 11.8 | 13.7 |
| Total assets | $3,146.2 | $2,828.9 |
| Liabilities, Redeemable Non-controlling Interest, and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $327.8 | $270.8 |
| Current portion of finance leases (Note 7) | 28.1 | 21.8 |
| Current portion of operating leases (Note 7) | 86.1 | 83.6 |
| Accrued compensation | 67.5 | 74.2 |
| Long-term debt, current portion (Note 9) | 4.7 | 5.3 |
| Income tax payable | — | 8.0 |
| Accrued liabilities | 134.8 | 114.6 |
| Total current liabilities | 649.0 | 578.3 |
| Other long-term liabilities | 10.5 | 11.5 |
| Finance leases, less current portion (Note 7) | 96.1 | 69.8 |
| Operating leases, less current portion (Note 7) | 342.2 | 313.3 |
| Deferred tax liabilities | — | 2.3 |
| Long-term debt, less current portion (Note 9) | 405.9 | 367.6 |
| Total liabilities | 1,503.7 | 1,342.8 |
| Commitments and contingencies (Note 11) | ||
| Redeemable non-controlling interest | 19.2 | — |
| Stockholders' equity: | ||
| Common stock, par value $0.01; 1,000,000,000 shares authorized; 45,583,961 and 45,404,091 shares issued, and 45,118,918 and 45,082,070 shares outstanding at September 29, 2024 and December 31, 2023, respectively | 0.5 | 0.5 |
| Additional paid-in capital | 620.9 | 601.8 |
| Retained earnings | 1,061.6 | 916.3 |
| Accumulated other comprehensive income (loss) | (1.4) | 4.2 |
| Treasury stock, at cost, 465,043 and 322,021 shares at September 29, 2024 and December 31, 2023, respectively | (58.3) | (36.7) |
| Total stockholders' equity | 1,623.3 | 1,486.1 |
| Total liabilities, redeemable non-controlling interest, and stockholders' equity | $3,146.2 | $2,828.9 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.