Hayward Holdings Inc
For the period ended Mar 30, 2024. Filed May 2, 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.
Mar 30, 2024 · Filed May 2, 2024
HAYW$16.61-1.7%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 Balance Sheets
Unaudited Condensed Consolidated Balance Sheets
(Dollars in thousands, except per share data)
| March 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $115,873 | $178,097 |
| Short-term investments | — | 25,000 |
| Accounts receivable, net of allowances of $2,990 and $2,870, respectively | 351,330 | 270,875 |
| Inventories, net | 220,856 | 215,180 |
| Prepaid expenses | 10,876 | 14,331 |
| Income tax receivable | 5,839 | 9,994 |
| Other current assets | 15,873 | 11,264 |
| Total current assets | 720,647 | 724,741 |
| Property, plant, and equipment, net of accumulated depreciation of $99,509 and $95,917, respectively | 159,976 | 158,979 |
| Goodwill | 932,575 | 935,013 |
| Trademark | 736,000 | 736,000 |
| Customer relationships, net | 200,001 | 206,308 |
| Other intangibles, net | 91,160 | 94,082 |
| Other non-current assets | 87,306 | 91,161 |
| Total assets | $2,927,665 | $2,946,284 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Current portion of long-term debt | $15,585 | $15,088 |
| Accounts payable | 75,881 | 68,943 |
| Accrued expenses and other liabilities | 122,575 | 155,543 |
| Income taxes payable | — | 109 |
| Total current liabilities | 214,041 | 239,683 |
| Long-term debt, net | 1,078,266 | 1,079,280 |
| Deferred tax liabilities, net | 248,485 | 248,967 |
| Other non-current liabilities | 66,381 | 66,896 |
| Total liabilities | 1,607,173 | 1,634,826 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value, 100,000,000 authorized, no shares issued or outstanding as of March 30, 2024 and December 31, 2023 | — | — |
| Common stock $0.001 par value, 750,000,000 authorized; 243,382,758 issued and 214,716,389 outstanding at March 30, 2024; 242,832,045 issued and 214,165,676 outstanding at December 31, 2023 | 244 | 243 |
| Additional paid-in capital | 1,083,676 | 1,080,894 |
| Common stock in treasury; 28,666,369 and 28,666,369 at March 30, 2024 and December 31, 2023, respectively | (358,110) | (357,755) |
| Retained earnings | 590,749 | 580,909 |
| Accumulated other comprehensive income | 3,933 | 7,167 |
| Total stockholders’ equity | 1,320,492 | 1,311,458 |
| Total liabilities, redeemable stock, and stockholders’ equity | $2,927,665 | $2,946,284 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.