Portillos Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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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.
Jun 30, 2024 · Filed Aug 6, 2024
PTLO$6.98+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders' Equity
(In thousands, except share data)
| Two Quarters Ended June 30, 2024 and June 25, 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock · Class B Common Stock | ||||||||
| Shares | Amount | Shares | Amount | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Non-Controlling Interest | Total Stockholders' Equity | |
| Balance at December 25, 2022 | 48,420,723 | $484 | 23,837,162 | $— | $260,664 | $(4,812) | $176,565 | $432,901 |
| Net income | — | — | — | — | — | 6,274 | 2,351 | 8,625 |
| Equity-based compensation | — | — | — | — | 5,571 | — | 2,149 | 7,720 |
| Activity under equity-based compensation plans | 289,034 | 3 | — | — | 1,288 | — | — | 1,291 |
| Redemption of LLC Units | 6,364,236 | 64 | (6,364,236) | — | (64) | — | — | — |
| Non-controlling interest adjustment | — | — | — | — | 47,845 | — | (47,845) | — |
| Distributions paid to non-controlling interest holders | — | — | — | — | — | — | (399) | (399) |
| Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | (13,682) | — | — | (13,682) |
| Balance at June 25, 2023 | 55,073,993 | 551 | 17,472,926 | — | 301,622 | 1,462 | 132,821 | 436,456 |
| Balance at December 31, 2023 | 55,502,375 | 555 | 17,472,926 | — | 308,212 | 13,612 | 137,731 | 460,110 |
| Net income | — | — | — | — | — | 11,032 | 2,842 | 13,874 |
| Equity-based compensation | — | — | — | — | 4,650 | — | 1,067 | 5,717 |
| Activity under equity-based compensation plans | 405,128 | 4 | — | — | 1,168 | — | — | 1,172 |
| Redemption of LLC Interests | 5,832,371 | 58 | (5,832,371) | — | (58) | — | — | — |
| Non-controlling interest adjustment | — | — | — | — | 46,878 | — | (46,878) | — |
| Distributions paid to non-controlling interest holders | — | — | — | — | — | — | (838) | (838) |
| Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | (15,913) | — | — | (15,913) |
| Balance at June 30, 2024 | 61,739,874 | $617 | 11,640,555 | $— | $344,937 | $24,644 | $93,924 | $464,122 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.