Kontoor Brands Inc
For the period ended Dec 28, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
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 2024 | December 2023 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $334,066 | $215,050 |
| Accounts receivable, net | 243,660 | 217,673 |
| Inventories | 390,209 | 500,353 |
| Prepaid expenses and other current assets | 96,346 | 110,808 |
| Total current assets | 1,064,281 | 1,043,884 |
| Property, plant and equipment, net | 103,300 | 112,045 |
| Operating lease assets | 47,171 | 54,812 |
| Intangible assets, net | 11,232 | 12,497 |
| Goodwill | 208,787 | 209,862 |
| Deferred income tax assets | 76,065 | 75,081 |
| Other assets | 139,703 | 137,258 |
| TOTAL ASSETS | $1,650,539 | $1,645,439 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Current portion of long-term debt | $— | $20,000 |
| Accounts payable | 179,680 | 180,220 |
| Accrued and other current liabilities | 193,335 | 171,414 |
| Operating lease liabilities, current | 20,890 | 21,003 |
| Total current liabilities | 393,905 | 392,637 |
| Operating lease liabilities, noncurrent | 29,955 | 36,753 |
| Deferred income tax liabilities | 5,722 | 5,611 |
| Other liabilities | 80,587 | 74,604 |
| Long-term debt | 740,315 | 763,921 |
| Total liabilities | 1,250,484 | 1,273,526 |
| Commitments and contingencies | ||
| Equity | ||
| Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at December 2024 and 2023 | — | — |
| Common Stock, no par value; shares authorized, 600,000,000; outstanding shares of 55,310,671 at December 2024 and 55,720,251 at December 2023 | — | — |
| Additional paid-in capital | 316,746 | 273,197 |
| Retained earnings | 199,959 | 166,567 |
| Accumulated other comprehensive loss | (116,650) | (67,851) |
| Total equity | 400,055 | 371,913 |
| TOTAL LIABILITIES AND EQUITY | $1,650,539 | $1,645,439 |
46 Kontoor Brands, Inc. 2024 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.