10-Q
Quarterly Report
AdvanSix Inc.
ASIX
NYSE
CIK: 1673985
File #: 1-37774
Balance Sheet
37 line items · 2 periods
XBRL
| Item | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 17,298,000 | 29,768,000 |
Accounts and other receivables – net | 149,058,000 | 165,393,000 |
Inventories – net | 213,434,000 | 211,831,000 |
Taxes receivable | 375,000 | 1,434,000 |
Other current assets | 15,608,000 | 11,378,000 |
Total current assets | 395,773,000 | 419,804,000 |
Property, plant and equipment – net | 892,574,000 | 852,642,000 |
Operating lease right-of-use assets | 90,740,000 | 95,805,000 |
Goodwill | 56,192,000 | 56,192,000 |
Intangible assets | 43,906,000 | 46,193,000 |
Other assets | 31,050,000 | 25,384,000 |
Total assets | 1,510,235,000 | 1,496,020,000 |
LIABILITIES | ||
Current liabilities: | ||
Accounts payable | 207,272,000 | 259,068,000 |
Accrued liabilities | 55,783,000 | 44,086,000 |
Income taxes payable | 435,000 | 8,033,000 |
Operating lease liabilities – short-term | 30,135,000 | 32,053,000 |
Deferred income and customer advances | 1,517,000 | 15,678,000 |
Total current liabilities | 295,142,000 | 358,918,000 |
Deferred income taxes | 154,690,000 | 151,059,000 |
Operating lease liabilities – long-term | 60,793,000 | 63,961,000 |
Line of credit – long-term | 215,000,000 | 170,000,000 |
Postretirement benefit obligations | 7,048,000 | 3,660,000 |
Other liabilities | 11,154,000 | 9,185,000 |
Total liabilities | 743,827,000 | 756,783,000 |
STOCKHOLDERS' EQUITY | ||
Common stock, par value $0.01; 200,000,000 shares authorized; 32,982,868 shares issued and 26,730,739 outstanding at September 30, 2024; 32,598,946 shares issued and 26,750,471 outstanding at December 31, 2023 | 330,000 | 326,000 |
Preferred stock, par value $0.01; 50,000,000 shares authorized and 0 shares issued and outstanding at September 30, 2024 and December 31, 2023 | 0 | 0 |
Treasury stock at par (6,252,129 shares at September 30, 2024; 5,848,475 shares at December 31, 2023) | 63,000 | 58,000 |
Additional paid-in capital | 134,735,000 | 138,046,000 |
Retained earnings | 635,609,000 | 605,067,000 |
Accumulated other comprehensive loss | (4,203,000) | (4,144,000) |
Total stockholders' equity | 766,408,000 | 739,237,000 |
Total liabilities and stockholders' equity | 1,510,235,000 | 1,496,020,000 |