Utz Brands Inc
For the period ended Sep 29, 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 29, 2024 · Filed Oct 31, 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 thirty-nine weeks ended September 29, 2024 and October 1, 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 | 259,083 | — | — | 8,939 | — | — | 8,939 | — | 8,939 | |||||||||||||
| Payments of tax withholding requirements for employee stock awards | — | — | (589) | — | — | (589) | — | (589) | ||||||||||||||
| Net loss | — | — | — | (13,251) | — | (13,251) | (9,784) | (23,035) | ||||||||||||||
| Cash dividends declared | — | — | — | (9,296) | — | (9,296) | — | (9,296) | ||||||||||||||
| Distribution to noncontrolling interest | — | — | — | — | — | — | (6,766) | (6,766) | ||||||||||||||
| Other comprehensive loss | — | — | — | — | (432) | (432) | (321) | (753) | ||||||||||||||
| 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 | ||||||||||||
| Share-based compensation | — | — | 3,629 | — | — | 3,629 | — | 3,629 | ||||||||||||||
| Net income | — | — | — | 15,993 | — | 15,993 | 222 | 16,215 | ||||||||||||||
| Other comprehensive income | — | — | — | — | 2,337 | 2,337 | 1,710 | 4,047 | ||||||||||||||
| Cash dividends declared | — | — | — | (4,625) | — | (4,625) | — | (4,625) | ||||||||||||||
| Distribution to noncontrolling interest | — | — | — | — | — | — | (3,383) | (3,383) | ||||||||||||||
| Balance at October 1, 2023 | 81,141,417 | $8 | 59,349,000 | $6 | $938,898 | $(265,743) | $32,682 | $705,851 | $730,216 | $1,436,067 | ||||||||||||
| 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 | 342,145 | — | — | 9,174 | — | — | 9,174 | — | 9,174 | |||||||||||||
| Payments of tax withholding requirements for employee stock awards | — | — | (1,397) | — | — | (1,397) | — | (1,397) | ||||||||||||||
| Deferred tax impact from divestiture | — | — | 2,930 | — | — | 2,930 | 2,136 | 5,066 | ||||||||||||||
| Net income | — | — | — | 15,858 | — | 15,858 | 11,986 | 27,844 | ||||||||||||||
| Cash dividends declared | — | — | — | (9,743) | — | (9,743) | — | (9,743) | ||||||||||||||
| Special excess cash dividend | — | — | — | (1,816) | — | (1,816) | — | (1,816) | ||||||||||||||
| Distribution to noncontrolling interest | — | — | — | — | — | — | (7,004) | (7,004) | ||||||||||||||
| Tax distribution | — | — | — | — | — | — | (2,596) | (2,596) | ||||||||||||||
| Other comprehensive income | — | — | — | — | 1,455 | 1,455 | 1,062 | 2,517 | ||||||||||||||
| 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 June 30, 2024 | 81,530,122 | $8 | 59,349,000 | $6 | $955,280 | $(293,750) | $24,413 | $685,957 | $719,771 | $1,405,728 | |||||||||||||||
| Share-based compensation | 7,420 | — | — | 4,602 | — | — | 4,602 | — | 4,602 | ||||||||||||||||
| Class V to Class A Exchange | 1,000,000 | — | (1,000,000) | — | 12,128 | — | — | 12,128 | (12,128) | — | |||||||||||||||
| Deferred tax impact from divestiture | — | — | 50 | — | — | 50 | 36 | 86 | |||||||||||||||||
| Net (loss) income | — | — | — | (2,198) | — | (2,198) | 2,970 | 772 | |||||||||||||||||
| Cash dividends declared | — | — | — | (4,869) | — | (4,869) | — | (4,869) | |||||||||||||||||
| Special excess cash dividend | — | — | — | (933) | — | (933) | — | (933) | |||||||||||||||||
| Distribution to noncontrolling interest | — | — | — | — | — | — | (3,442) | (3,442) | |||||||||||||||||
| Tax distribution | — | — | — | — | — | — | (1,950) | (1,950) | |||||||||||||||||
| Other comprehensive loss | — | — | — | — | (9,054) | (9,054) | (6,417) | (15,471) | |||||||||||||||||
| Balance at September 29, 2024 | 82,537,542 | $8 | 58,349,000 | $6 | $972,060 | $(301,750) | $15,359 | $685,683 | $698,840 | $1,384,523 | |||||||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.