Kontoor Brands Inc
For the period ended Dec 30, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
KTB$81.98+6.4%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 thousands, except share amounts) | December 2023 | December 2022 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $215,050 | $59,179 |
| Accounts receivable, net | 217,673 | 225,858 |
| Inventories | 500,353 | 596,836 |
| Prepaid expenses and other current assets | 110,808 | 100,396 |
| Total current assets | 1,043,884 | 982,269 |
| Property, plant and equipment, net | 112,045 | 104,465 |
| Operating lease assets | 54,812 | 51,029 |
| Intangible assets, net | 12,497 | 13,361 |
| Goodwill | 209,862 | 209,627 |
| Deferred income tax assets | 75,081 | 67,282 |
| Other assets | 137,258 | 154,228 |
| TOTAL ASSETS | $1,645,439 | $1,582,261 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Short-term borrowings | $— | $7,280 |
| Current portion of long-term debt | 20,000 | 10,000 |
| Accounts payable | 180,220 | 206,262 |
| Accrued liabilities | 171,414 | 196,989 |
| Operating lease liabilities, current | 21,003 | 19,898 |
| Total current liabilities | 392,637 | 440,429 |
| Operating lease liabilities, noncurrent | 36,753 | 31,506 |
| Deferred income tax liabilities | 5,611 | 6,919 |
| Other liabilities | 74,604 | 70,031 |
| Long-term debt | 763,921 | 782,619 |
| Total liabilities | 1,273,526 | 1,331,504 |
| Commitments and contingencies | ||
| Equity | ||
| Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at December 2023 and 2022 | — | — |
| Common Stock, no par value; shares authorized, 600,000,000; outstanding shares of 55,720,251 at December 2023 and 55,516,872 at December 2022 | — | — |
| Additional paid-in capital | 273,197 | 243,696 |
| Retained earnings | 166,567 | 86,726 |
| Accumulated other comprehensive loss | (67,851) | (79,665) |
| Total equity | 371,913 | 250,757 |
| TOTAL LIABILITIES AND EQUITY | $1,645,439 | $1,582,261 |
46 Kontoor Brands, Inc. 2023 Form 10-K
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.