Atkore Inc. (ATKR) Financial Statements (2024 and earlier)

Company Profile

Business Address 16100 SOUTH LATHROP AVENUE
HARVEY, IL 60426
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments380,922388,114317,809354,342307,827388,751
Cash and cash equivalents380,922388,114317,809354,342307,827388,751
Receivables517,634559,854566,946533,712506,854528,904
Inventory, net of allowances, customer advances and progress billings493,637493,852468,035416,050445,780454,511
Inventory493,637493,852468,035416,050445,780454,511
Other undisclosed current assets105,95196,670130,52295,37963,34280,654
Total current assets:1,498,1441,538,4901,483,3121,399,4831,323,8031,452,820
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization  7,108   5,209
Operating lease, right-of-use asset  117,966   68,715
Property, plant and equipment586,983559,041481,714443,291418,550390,220
Intangible assets, net (including goodwill)694,165705,478723,270735,596750,114672,036
Goodwill312,960311,106312,741310,686323,214289,330
Intangible assets, net (excluding goodwill)381,205394,372410,529424,910426,900382,706
Deferred income tax assets5695469,8602,0255,6839,409
Other noncurrent assets10,70310,7073,3413,3443,4813,476
Other undisclosed noncurrent assets144,828(4,327)95,14895,95069,733(2,889)
Total noncurrent assets:1,437,2481,396,5191,313,3331,280,2061,247,5611,146,176
TOTAL ASSETS:2,935,3922,935,0092,796,6452,679,6892,571,3642,598,996
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities283,402344,632321,951296,848253,694377,688
Taxes payable5,521
Employee-related liabilities61,273
Accounts payable248,261292,734279,524258,051210,850244,100
Accrued liabilities35,14151,89842,42738,79742,84466,794
Deferred revenue131,121121,57696,43169,095111,15499,447
Debt  1,200   1,012
Other liabilities72,95182,16688,40487,39668,32677,781
Other undisclosed current liabilities17,88315,03014,58614,56613,850(54,017)
Total current liabilities:505,357564,604521,372467,905447,024501,911
Noncurrent Liabilities
Long-term debt and lease obligation763,225764,157762,149761,612761,074818,512
Long-term debt, excluding current maturities763,225762,687762,149761,612761,074760,537
Finance lease, liability  1,470   1,374
Liabilities, other than long-term debt35,415138,12929,98829,61031,38928,786
Deferred income tax liabilities21,28422,34616,33516,28316,15215,640
Other liabilities14,13111,73613,65313,32715,23713,146
Operating lease, liability  104,047   56,601
Other undisclosed noncurrent liabilities129,050 81,02981,76756,835 
Total noncurrent liabilities:927,690902,286873,166872,989849,298847,298
Total liabilities:1,433,0471,466,8901,394,5381,340,8941,296,3221,349,209
Equity
Equity, attributable to parent1,502,3451,468,1191,402,1071,338,7951,275,0421,249,787
Common stock370374379390400415
Treasury stock, value   (2,580)(2,580)(2,580)(2,580)
Additional paid in capital490,238506,783503,621497,810490,611500,117
Accumulated other comprehensive loss(24,160)(33,940)(31,623)(36,159)(38,822)(50,146)
Retained earnings1,035,897994,902932,310879,334825,433801,981
Total equity:1,502,3451,468,1191,402,1071,338,7951,275,0421,249,787
TOTAL LIABILITIES AND EQUITY:2,935,3922,935,0092,796,6452,679,6892,571,3642,598,996

Income Statement (P&L) ($ in thousands)

3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
Revenues798,481869,889919,117895,934833,8211,028,986
Cost of revenue
(Cost of Goods and Services Sold)
(507,941)(568,424)(568,316)(543,052)(499,468)(614,508)
Gross profit:290,540301,465350,801352,882334,353414,478
Operating expenses(115,082)(112,034)(118,211)(112,991)(102,773)(117,646)
Other undisclosed operating loss  (1)    
Operating income:175,458189,430232,590239,891231,580296,832
Nonoperating expense
(Other Nonoperating expense)
(12)(381)(3,689)(3,858)(41)(474)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (131)   (71)
Income from continuing operations before equity method investments, income taxes:175,446188,918228,901236,033231,539296,287
Other undisclosed loss from continuing operations before income taxes(7,793)(8,456)(8,682)(8,475)(9,488)(8,928)
Income from continuing operations before income taxes:167,653180,462220,219227,558222,051287,359
Income tax expense(29,272)(39,537)(18,931)(53,364)(48,559)(66,556)
Income from continuing operations:138,381140,925201,288174,194173,492220,803
Income before gain (loss) on sale of properties:220,803
Net income attributable to parent:138,381140,925201,288174,194173,492220,803
Undistributed earnings (loss) allocated to participating securities, basic(2,072)(2,180)(3,086)(2,819)(2,807)(3,458)
Net income available to common stockholders, diluted:136,309138,745198,202171,375170,685217,345

Comprehensive Income ($ in thousands)

3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
Net income:138,381140,925201,288174,194173,492220,803
Comprehensive income:138,381140,925201,288174,194173,492220,803
Other undisclosed comprehensive income (loss), net of tax, attributable to parent9,780(2,317)4,5362,66311,324(11,124)
Comprehensive income, net of tax, attributable to parent:148,161138,608205,824176,857184,816209,679

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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