10-K
Annual Report
AdvanSix Inc.
ASIX
NYSE
CIK: 1673985
File #: 1-37774
Balance Sheet
39 line items · 2 periods
XBRL
| Item | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 29,768,000 | 30,985,000 |
Accounts and other receivables – net | 165,393,000 | 175,429,000 |
Inventories – net | 211,831,000 | 215,502,000 |
Taxes receivable | 1,434,000 | 9,771,000 |
Other current assets | 11,378,000 | 9,241,000 |
Total current assets | 419,804,000 | 440,928,000 |
Property, plant and equipment – net | 852,642,000 | 811,065,000 |
Operating lease right-of-use assets | 95,805,000 | 114,688,000 |
Goodwill | 56,192,000 | 56,192,000 |
U.S Amines, Ltd. | — | 38,600,000 |
Revision of Prior Period, Adjustment - U.S Amines, Ltd. | — | (1,671,000) |
Intangible assets | 46,193,000 | 49,242,000 |
Other assets | 25,384,000 | 23,216,000 |
Total assets | 1,496,020,000 | 1,495,331,000 |
LIABILITIES | ||
Current liabilities: | ||
Accounts payable | 259,068,000 | 272,740,000 |
Accrued liabilities | 44,086,000 | 48,820,000 |
Operating lease liabilities – short-term | 32,053,000 | 37,472,000 |
Income taxes payable | 8,033,000 | 30,000 |
Deferred income and customer advances | 15,678,000 | 34,430,000 |
Total current liabilities | 358,918,000 | 393,492,000 |
Deferred income taxes | 151,059,000 | 160,409,000 |
Operating lease liabilities – long-term | 63,961,000 | 77,571,000 |
Line of credit – long-term | 170,000,000 | 115,000,000 |
Postretirement benefit obligations | 3,660,000 | 0 |
Other liabilities | 9,185,000 | 10,679,000 |
Total liabilities | 756,783,000 | 757,151,000 |
STOCKHOLDERS' EQUITY | ||
Common stock, par value $0.01; 200,000,000 shares authorized; 32,598,946 shares issued and 26,750,471 outstanding at December 31, 2023; 31,977,593 shares issued and 27,446,520 outstanding at December 31, 2022 | 326,000 | 320,000 |
Preferred stock, par value $0.01; 50,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2023 and 2022 | 0 | 0 |
Treasury stock at par (5,848,475 shares at December 31, 2023; 4,531,073 shares at December 31, 2022) | 58,000 | 45,000 |
Additional paid-in capital | 138,046,000 | 174,585,000 |
Retained earnings | 605,067,000 | 567,517,000 |
Accumulated other comprehensive loss | (4,144,000) | (4,197,000) |
Total stockholders' equity | 739,237,000 | 738,180,000 |
Total liabilities and stockholders' equity | 1,496,020,000 | 1,495,331,000 |