Hayward Holdings Inc
For the period ended Sep 28, 2024. Filed Oct 29, 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 28, 2024 · Filed Oct 29, 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)
| September 28, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $274,184 | $178,097 |
| Short-term investments | — | 25,000 |
| Accounts receivable, net of allowances of $2,881 and $2,870, respectively | 99,932 | 270,875 |
| Inventories, net | 229,363 | 215,180 |
| Prepaid expenses | 15,541 | 14,331 |
| Income tax receivable | 11,634 | 9,994 |
| Other current assets | 18,898 | 11,264 |
| Total current assets | 649,552 | 724,741 |
| Property, plant, and equipment, net of accumulated depreciation of $108,726 and $95,917, respectively | 164,654 | 158,979 |
| Goodwill | 953,175 | 935,013 |
| Trademark | 736,000 | 736,000 |
| Customer relationships, net | 209,836 | 206,308 |
| Other intangibles, net | 92,479 | 94,082 |
| Other non-current assets | 84,168 | 91,161 |
| Total assets | $2,889,864 | $2,946,284 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Current portion of long-term debt | $14,079 | $15,088 |
| Accounts payable | 73,562 | 68,943 |
| Accrued expenses and other liabilities | 159,709 | 155,543 |
| Income taxes payable | 825 | 109 |
| Total current liabilities | 248,175 | 239,683 |
| Long-term debt, net | 959,906 | 1,079,280 |
| Deferred tax liabilities, net | 239,362 | 248,967 |
| Other non-current liabilities | 69,266 | 66,896 |
| Total liabilities | 1,516,709 | 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 September 28, 2024 and December 31, 2023 | — | — |
| Common stock $0.001 par value, 750,000,000 authorized; 244,078,929 issued and 215,412,560 outstanding at September 28, 2024; 242,832,045 issued and 214,165,676 outstanding at December 31, 2023 | 244 | 243 |
| Additional paid-in capital | 1,089,782 | 1,080,894 |
| Common stock in treasury; 28,666,369 and 28,666,369 at September 28, 2024 and December 31, 2023, respectively | (358,125) | (357,755) |
| Retained earnings | 644,831 | 580,909 |
| Accumulated other comprehensive income | (3,577) | 7,167 |
| Total stockholders’ equity | 1,373,155 | 1,311,458 |
| Total liabilities, redeemable stock, and stockholders’ equity | $2,889,864 | $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.