Shift4 Payments Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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 30, 2024 · Filed Nov 12, 2024
FOUR$43.73-2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders’ Equity
(Unaudited) (in millions, except share amounts)
| Class ACommon Stock · Class BCommon Stock · Class CCommon Stock · AdditionalPaid-InCapital · Treasury Stock · RetainedDeficit · Accumulated Other Comprehensive Income · NoncontrollingInterests · TotalEquity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount | |||||||||||||
| Balances at December 31, 2023 | 60,664,171 | $— | 23,831,883 | $— | 1,694,915 | $— | $985.9 | — | $— | $(346.7) | $14.1 | $215.1 | $868.4 |
| Net income | — | — | — | — | — | — | — | — | — | 20.6 | — | 7.9 | 28.5 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | (0.3) | (0.3) |
| Equity-based compensation | — | — | — | — | — | — | 22.8 | — | — | — | — | — | 22.8 |
| Vesting of restricted stock units, net of tax withholding | 151,053 | — | — | — | — | — | (11.6) | — | — | — | — | 2.5 | (9.1) |
| Other comprehensive loss | — | — | — | — | — | — | — | — | — | — | (10.6) | (3.9) | (14.5) |
| Balances at March 31, 2024 | 60,815,224 | — | 23,831,883 | — | 1,694,915 | — | 997.1 | — | — | (326.1) | 3.5 | 221.3 | 895.8 |
| Net income | — | — | — | — | — | — | — | — | — | 39.2 | — | 15.3 | 54.5 |
| Recognition of Vectron noncontrolling interest | — | — | — | — | — | — | — | — | — | — | — | 25.9 | 25.9 |
| Repurchases of Class A common stock to treasury stock | — | — | — | — | — | — | (1.0) | (230,400) | (15.9) | — | — | 1.0 | (15.9) |
| Issuance of Class A common stock, net of tax withholding | 1,230,309 | — | — | — | — | — | 1.6 | — | — | — | — | 0.4 | 2.0 |
| Retirement of treasury stock | (230,400) | — | — | — | — | — | (5.0) | 230,400 | 15.9 | (10.9) | — | — | — |
| Exchange of shares held by Rook | 109,976 | — | (80,915) | — | (29,061) | — | 0.1 | — | — | — | — | (0.1) | — |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | (1.7) | (1.7) |
| Equity-based compensation | — | — | — | — | — | — | 14.3 | — | — | — | — | — | 14.3 |
| Vesting of restricted stock units, net of tax withholding | 42,139 | — | — | — | — | — | (1.4) | — | — | — | — | (0.7) | (2.1) |
| Other comprehensive loss | — | — | — | — | — | — | — | — | — | — | (10.6) | (3.4) | (14.0) |
| Balances at June 30, 2024 | 61,967,248 | — | 23,750,968 | — | 1,665,854 | — | 1,005.7 | — | — | (297.8) | (7.1) | 258.0 | 958.8 |
| Net income | — | — | — | — | — | — | — | — | — | 53.8 | — | 18.4 | 72.2 |
| Purchases of shares of Vectron common stock, net of foreign currency translation | — | — | — | — | — | — | — | — | — | — | — | (0.1) | (0.1) |
| Repurchases of Class A common stock to treasury stock | — | — | — | — | — | — | 3.5 | (298,488) | (20.0) | — | — | (3.5) | (20.0) |
| Issuance of Class A common stock, net of tax withholding | 1,203,807 | — | — | — | — | — | — | — | — | — | — | — | — |
| Retirement of treasury stock | (298,488) | — | — | — | — | — | (6.5) | 298,488 | 20.0 | (13.5) | — | — | — |
| Exchange of shares held by Rook | 3,980,024 | — | (3,949,940) | — | (30,084) | — | 38.9 | — | — | — | — | (38.9) | — |
| Equity impact of tax receivable agreement for exchanges, net of deferred taxes arising from changes in ownership | — | — | — | — | — | — | (2.2) | — | — | — | — | — | (2.2) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | (4.6) | (4.6) |
| Equity-based compensation | — | — | — | — | — | — | 14.3 | — | — | — | — | — | 14.3 |
| Vesting of restricted stock units, net of tax withholding | 89,735 | — | — | — | — | — | (5.0) | — | — | — | — | (1.4) | (6.4) |
| Other comprehensive income | — | — | — | — | — | — | — | — | — | — | 27.7 | 8.1 | 35.8 |
| Balances at September 30, 2024 | 66,942,326 | $— | 19,801,028 | $— | 1,635,770 | $— | $1,048.7 | — | $— | $(257.5) | $20.6 | $236.0 | $1,047.8 |
| Class ACommon Stock · Class BCommon Stock · Class CCommon Stock · AdditionalPaid-InCapital · Treasury Stock · RetainedDeficit · Accumulated Other Comprehensive Income · NoncontrollingInterests · TotalEquity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount | |||||||||||||
| Balances at December 31, 2022 | 54,153,218 | $— | 25,829,016 | $— | 2,889,811 | $— | $702.6 | — | $— | $(363.6) | $8.3 | $133.3 | $480.6 |
| Net income | — | — | — | — | — | — | — | — | — | 14.8 | — | 5.6 | 20.4 |
| Issuance of Class A common stock and contingent share earnout in connection with an acquisition | 27,780 | — | — | — | — | — | 5.5 | — | — | — | — | 2.1 | 7.6 |
| Exchange of shares held by Rook | 2,465,770 | — | (1,666,665) | — | (799,105) | — | 4.9 | — | — | — | — | (4.9) | — |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | (1.8) | (1.8) |
| Equity-based compensation | — | — | — | — | — | — | 21.9 | — | — | — | — | — | 21.9 |
| Vesting of restricted stock units, net of tax withholding | 123,846 | — | — | — | — | — | (4.7) | — | — | — | — | (0.6) | (5.3) |
| Other comprehensive income | — | — | — | — | — | — | — | — | — | — | 2.1 | 0.9 | 3.0 |
| Balances at March 31, 2023 | 56,770,614 | — | 24,162,351 | — | 2,090,706 | — | 730.2 | — | — | (348.8) | 10.4 | 134.6 | 526.4 |
| Net income | — | — | — | — | — | — | — | — | — | 25.1 | — | 11.7 | 36.8 |
| Issuance of Class A common stock | 295,699 | — | — | — | — | — | 6.4 | — | — | — | — | 4.6 | 11.0 |
| Repurchases of Class A common stock to treasury stock | — | — | — | — | — | — | 22.7 | (1,515,000) | (97.3) | — | — | (22.7) | (97.3) |
| Retirement of treasury stock | (1,515,000) | — | — | — | — | — | (33.4) | 1,515,000 | 97.3 | (63.9) | — | — | — |
| Exchange of shares held by Rook | 661,901 | — | (330,468) | — | (331,433) | — | 1.9 | — | — | — | — | (1.9) | — |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | (0.4) | (0.4) |
| Equity-based compensation | — | — | — | — | — | — | 13.1 | — | — | — | — | — | 13.1 |
| Vesting of restricted stock units, net of tax withholding | 253,919 | — | — | — | — | — | (7.1) | — | — | — | — | (3.2) | (10.3) |
| Other comprehensive loss | — | — | — | — | — | — | — | — | — | — | (0.1) | — | (0.1) |
| Balances at June 30, 2023 | 56,467,133 | — | 23,831,883 | — | 1,759,273 | — | 733.8 | — | — | (387.6) | 10.3 | 122.7 | 479.2 |
| Net income | — | — | — | — | — | — | — | — | — | 32.6 | — | 13.9 | 46.5 |
| Contingent share earnout in connection with an acquisition | — | — | — | — | — | — | 8.1 | — | — | — | — | 5.7 | 13.8 |
| Excise tax | — | — | — | — | — | — | 0.1 | — | — | — | — | — | 0.1 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | (0.5) | (0.5) |
| Equity-based compensation | — | — | — | — | — | — | 12.4 | — | — | — | — | — | 12.4 |
| Vesting of restricted stock units, net of tax withholding | 77,706 | — | — | — | — | — | (5.5) | — | — | — | — | 0.6 | (4.9) |
| Other comprehensive loss | — | — | — | — | — | — | — | — | — | — | (4.0) | (1.6) | (5.6) |
| Balances at September 30, 2023 | 56,544,839 | $— | 23,831,883 | $— | 1,759,273 | $— | $748.9 | — | $— | $(355.0) | $6.3 | $140.8 | $541.0 |
| See accompanying notes to unaudited condensed consolidated financial statements. | |||||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.