Utz Brands Inc
For the period ended Jun 30, 2024. Filed Aug 1, 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.
Jun 30, 2024 · Filed Aug 1, 2024
UTZ$14.240.0%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
CONSOLIDATED STATEMENTS OF EQUITY
For the thirteen and twenty-six weeks ended June 30, 2024 and July 2, 2023
| Class A Common Stock · Class V Common Stock · Additional Paid-in Capital · Accumulated (Deficit) · Accumulated Other Comprehensive Income · Total Stockholders' Equity · Non-controlling Interest · Total Equity | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||||||||||||||
| Balance at January 1, 2023 | 80,882,334 | $8 | 59,349,000 | $6 | $926,919 | $(254,564) | $30,777 | $703,146 | $748,538 | $1,451,684 | ||||||||||||
| Share-based compensation | 130,534 | — | — | 4,634 | — | — | 4,634 | — | 4,634 | |||||||||||||
| Payments of tax withholding requirements for employee stock awards | — | — | (589) | — | — | (589) | — | (589) | ||||||||||||||
| Net loss | — | — | — | (9,127) | — | (9,127) | (5,355) | (14,482) | ||||||||||||||
| Cash dividends declared | — | — | — | (56) | — | (56) | — | (56) | ||||||||||||||
| Other comprehensive loss | — | — | — | — | (5,958) | (5,958) | (4,367) | (10,325) | ||||||||||||||
| Balance at April 2, 2023 | 81,012,868 | $8 | 59,349,000 | $6 | $930,964 | $(263,747) | $24,819 | $692,050 | $738,816 | $1,430,866 | ||||||||||||
| Share-based compensation | 128,549 | — | — | 4,305 | — | — | 4,305 | — | 4,305 | |||||||||||||
| Net loss | — | — | — | (4,124) | — | (4,124) | (4,429) | (8,553) | ||||||||||||||
| Other comprehensive income | — | — | — | — | 5,526 | 5,526 | 4,046 | 9,572 | ||||||||||||||
| Cash dividends declared | — | — | — | (9,240) | — | (9,240) | — | (9,240) | ||||||||||||||
| Distribution to noncontrolling interest | — | — | — | — | — | — | (6,766) | (6,766) | ||||||||||||||
| Balance at July 2, 2023 | 81,141,417 | $8 | 59,349,000 | $6 | $935,269 | $(277,111) | $30,345 | $688,517 | $731,667 | $1,420,184 | ||||||||||||
| Balance at December 31, 2023 | 81,187,977 | $8 | 59,349,000 | $6 | $944,573 | $(298,049) | $22,958 | $669,496 | $714,187 | $1,383,683 | ||||||||||||
| Share-based compensation | 218,850 | — | — | 3,913 | — | — | 3,913 | — | 3,913 | |||||||||||||
| Payments of tax withholding requirements for employee stock awards | — | — | (1,397) | — | — | (1,397) | — | (1,397) | ||||||||||||||
| Deferred tax impact from divestiture | — | — | 3,003 | — | — | 3,003 | 2,135 | 5,138 | ||||||||||||||
| Net (loss) income | — | — | — | (3,990) | — | (3,990) | 6,387 | 2,397 | ||||||||||||||
| Cash dividends declared | — | — | — | (4,803) | — | (4,803) | — | (4,803) | ||||||||||||||
| Distribution to noncontrolling interest | — | — | — | — | — | — | (3,502) | (3,502) | ||||||||||||||
| Other comprehensive income | — | — | — | — | 2,694 | 2,694 | 1,965 | 4,659 | ||||||||||||||
| Balance at March 31, 2024 | 81,406,827 | $8 | 59,349,000 | $6 | $950,092 | $(306,842) | $25,652 | $668,916 | $721,172 | $1,390,088 | ||||||||||||
| Share-based compensation | 123,295 | — | — | 5,261 | — | — | 5,261 | — | 5,261 | |||||||||||||
| Deferred tax impact from divestiture | — | — | (73) | — | — | (73) | 1 | (72) | ||||||||||||||
| Class A Common Stock · Class V Common Stock · Additional Paid-in Capital · Accumulated (Deficit) · Accumulated Other Comprehensive Income · Total Stockholders' Equity · Non-controlling Interest · Total Equity | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||||||||
| Net income | — | — | — | 19,848 | — | 19,848 | 5,599 | 25,447 | ||||||||
| Cash dividends declared | — | — | — | (4,940) | — | (4,940) | — | (4,940) | ||||||||
| Special excess cash dividend | — | — | — | (1,816) | — | (1,816) | — | (1,816) | ||||||||
| Distribution to noncontrolling interest | — | — | — | — | — | — | (3,502) | (3,502) | ||||||||
| Tax distribution | — | — | — | — | — | — | (2,596) | (2,596) | ||||||||
| Other comprehensive loss | — | — | — | — | (1,239) | (1,239) | (903) | (2,142) | ||||||||
| Balance at June 30, 2024 | 81,530,122 | $8 | 59,349,000 | $6 | $955,280 | $(293,750) | $24,413 | $685,957 | $719,771 | $1,405,728 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.