Portillos Inc
For the period ended Sep 29, 2024. Filed Nov 5, 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 29, 2024 · Filed Nov 5, 2024
PTLO$6.98+1.3%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 Stockholders' Equity
(In thousands, except share data)
| Three Quarters Ended September 29, 2024 and September 24, 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock · Class B Common Stock | ||||||||
| Shares | Amount | Shares | Amount | Additional Paid-in Capital | (Accumulated Deficit) Retained Earnings | 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 | — | — | — | — | — | 10,635 | 4,536 | 15,171 |
| Equity-based compensation | — | — | — | — | 8,846 | — | 3,198 | 12,044 |
| Activity under equity-based compensation plans | 397,182 | 4 | — | — | 1,688 | — | — | 1,692 |
| Redemption of LLC Units | 6,364,236 | 64 | (6,364,236) | — | (64) | — | — | — |
| Non-controlling interest adjustment | — | — | — | — | 48,063 | — | (48,063) | — |
| 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 September 24, 2023 | 55,182,141 | 552 | 17,472,926 | — | 305,515 | 5,823 | 135,837 | 447,727 |
| Balance at December 31, 2023 | 55,502,375 | 555 | 17,472,926 | — | 308,212 | 13,612 | 137,731 | 460,110 |
| Net income | — | — | — | — | — | 18,252 | 4,395 | 22,647 |
| Equity-based compensation | — | — | — | — | 7,590 | — | 1,633 | 9,223 |
| Activity under equity-based compensation plans | 821,780 | 8 | — | — | 2,690 | — | — | 2,698 |
| Redemption of LLC Interests | 5,899,134 | 59 | (5,899,134) | — | (59) | — | — | — |
| Non-controlling interest adjustment | — | — | — | — | 47,770 | — | (47,770) | — |
| 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 | — | — | — | — | (16,248) | — | — | (16,248) |
| Balance at September 29, 2024 | 62,223,289 | $622 | 11,573,792 | $— | $349,955 | $31,864 | $95,151 | $477,592 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.