10-Q
Quarterly Report
AdvanSix Inc.
ASIX
NYSE
CIK: 1673985
File #: 1-37774
Balance Sheet
36 line items · 2 periods
XBRL
| Item | Mar 31, 2025 | Dec 31, 2024 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 8,344,000 | 19,564,000 |
Accounts and other receivables – net | 179,336,000 | 145,673,000 |
Inventories – net | 222,857,000 | 212,386,000 |
Taxes receivable | 55,000 | 503,000 |
Other current assets | 7,590,000 | 8,990,000 |
Total current assets | 418,182,000 | 387,116,000 |
Property, plant and equipment – net | 926,006,000 | 917,858,000 |
Operating lease right-of-use assets | 144,844,000 | 153,438,000 |
Goodwill | 56,192,000 | 56,192,000 |
Intangible assets | 42,382,000 | 43,144,000 |
Other assets | 38,368,000 | 37,172,000 |
Total assets | 1,625,974,000 | 1,594,920,000 |
LIABILITIES | ||
Current liabilities: | ||
Accounts payable | 238,906,000 | 228,761,000 |
Accrued liabilities | 42,775,000 | 47,264,000 |
Income taxes payable | 2,590,000 | 1,047,000 |
Operating lease liabilities – short-term | 40,093,000 | 42,493,000 |
Deferred income and customer advances | 26,582,000 | 37,538,000 |
Total current liabilities | 350,946,000 | 357,103,000 |
Deferred income taxes | 149,346,000 | 145,299,000 |
Operating lease liabilities – long-term | 105,437,000 | 111,400,000 |
Line of credit – long-term | 215,000,000 | 195,000,000 |
Other liabilities | 10,877,000 | 11,468,000 |
Total liabilities | 831,606,000 | 820,270,000 |
STOCKHOLDERS' EQUITY | ||
Common stock, par value $0.01; 200,000,000 shares authorized; 33,113,379 shares issued and 26,807,818 outstanding at March 31, 2025; 32,989,165 shares issued and 26,737,036 outstanding at December 31, 2024 | 331,000 | 330,000 |
Preferred stock, par value $0.01; 50,000,000 shares authorized and 0 shares issued and outstanding at March 31, 2025 and December 31, 2024 | 0 | 0 |
Treasury stock at par (6,305,561 shares at March 31, 2025; 6,252,129 shares at December 31, 2024) | 63,000 | 63,000 |
Additional paid-in capital | 137,677,000 | 136,872,000 |
Retained earnings | 650,435,000 | 631,541,000 |
Accumulated other comprehensive income | 5,988,000 | 5,970,000 |
Total stockholders' equity | 794,368,000 | 774,650,000 |
Total liabilities and stockholders' equity | 1,625,974,000 | 1,594,920,000 |