Compass Diversified Holdings (CODIPC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
301 RIVERSIDE AVENUE WESTPORT, CT 06880 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 251 - Household Furniture (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 450 | 61 | 157 | 71 | 100 | 53 | |||
| Cash and cash equivalents | 450 | 61 | 157 | 71 | 100 | 53 | |||
| Receivables | 318 | 341 | 268 | 233 | 191 | 272 | |||
| Inventory, net of allowances, customer advances and progress billings | 740 | 732 | 562 | 363 | 317 | 319 | |||
| Inventory | 740 | 732 | 562 | 363 | 317 | 319 | |||
| Other undisclosed current assets | 95 | 75 | 156 | 42 | 35 | 37 | |||
| Total current assets: | 1,604 | 1,210 | 1,143 | 708 | 644 | 681 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 193 | 205 | 178 | 173 | 146 | 227 | |||
| Intangible assets, net (including goodwill) | 1,825 | 2,261 | 1,688 | 1,603 | 1,000 | 1,452 | |||
| Goodwill | 901 | 1,133 | 815 | 766 | 439 | 654 | |||
| Intangible assets, net (excluding goodwill) | 924 | 1,128 | 873 | 837 | 562 | 799 | |||
| Other noncurrent assets | 134 | 114 | 101 | 12 | |||||
| Other undisclosed noncurrent assets | 195 | 173 | |||||||
| Total noncurrent assets: | 2,213 | 2,639 | 2,001 | 1,890 | 1,248 | 1,691 | |||
| TOTAL ASSETS: | 3,817 | 3,850 | 3,144 | 2,599 | 1,892 | 2,372 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 251 | 286 | 295 | 254 | 179 | 235 | |||
| Accounts payable | 93 | 94 | 120 | 102 | 70 | 108 | |||
| Accrued liabilities | 157 | 192 | 175 | 152 | 109 | 127 | |||
| Debt | 10 | 10 | 5 | ||||||
| Other liabilities | 35 | 38 | 33 | 31 | 23 | 8 | |||
| Due to related parties | ✕ | ✕ | 16 | 12 | 10 | 8 | 11 | ||
| Other undisclosed current liabilities | 16 | 10 | 42 | ||||||
| Total current liabilities: | 312 | 360 | 382 | 295 | 209 | 259 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,662 | 1,824 | 1,285 | 899 | 394 | 1,099 | |||
| Long-term debt, excluding current maturities | 1,662 | 1,824 | 1,285 | 899 | 394 | 1,099 | |||
| Liabilities, other than long-term debt | 323 | 303 | 193 | 184 | 122 | 95 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 75 | ||
| Deferred income tax liabilities | 120 | 157 | 84 | 84 | 33 | ✕ | |||
| Other liabilities | 203 | 147 | 109 | 101 | 89 | 20 | |||
| Total noncurrent liabilities: | 1,985 | 2,128 | 1,478 | 1,084 | 517 | 1,194 | |||
| Total liabilities: | 2,298 | 2,488 | 1,860 | 1,378 | 726 | 1,453 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,327 | 1,137 | 1,112 | 1,100 | 1,115 | 859 | |||
| Common stock | 1,281 | 1,207 | 1,123 | 1,009 | 925 | 925 | |||
| Treasury stock, value | (9) | ||||||||
| Accumulated other comprehensive income (loss) | 0 | (1) | (1) | (1) | (4) | (9) | |||
| Accumulated deficit | (249) | (373) | (314) | (211) | (109) | (249) | |||
| Other undisclosed equity, attributable to parent | 304 | 304 | 304 | 304 | 304 | 193 | |||
| Equity, attributable to noncontrolling interest | 193 | 225 | 175 | 120 | 51 | 60 | |||
| Other undisclosed equity | (3) | ||||||||
| Total equity: | 1,519 | 1,362 | 1,285 | 1,220 | 1,166 | 919 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,817 | 3,850 | 3,144 | 2,599 | 1,892 | 2,372 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,059 | 2,264 | 1,842 | 1,561 | 1,450 | 1,692 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,166) | (1,356) | (1,116) | (998) | (931) | (1,117) | ||
| Gross profit: | 893 | 908 | 726 | 563 | 519 | 574 | ||
| Operating expenses | (803) | (732) | (586) | (468) | (459) | (505) | ||
| Other undisclosed operating loss | ||||||||
| Operating income: | 90 | 176 | 140 | 95 | 60 | 69 | ||
| Nonoperating income (expense) | 2 | (1) | (1) | (3) | (2) | (6) | ||
| Investment income, nonoperating | ||||||||
| Other nonoperating income (expense) | 2 | (1) | (1) | (3) | (2) | (6) | ||
| Interest and debt expense | (105) | (1) | (33) | (46) | (12) | (56) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (2) | (72) | (4) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (13) | 174 | 105 | 44 | (26) | 4 | ||
| Other undisclosed loss from continuing operations before income taxes | (4) | (87) | (62) | |||||
| Income (loss) from continuing operations before income taxes: | (17) | 87 | 43 | 44 | (26) | 4 | ||
| Income tax expense | (21) | (45) | (18) | (17) | (15) | (7) | ||
| Income (loss) from continuing operations: | (39) | 42 | 25 | 27 | (41) | (3) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 54 | 27 | (24) | (2) | |
| Income from discontinued operations | 9 | 29 | 0 | 17 | 1 | |||
| Other undisclosed net income | 301 | 73 | 331 | |||||
| Net income (loss): | 262 | 51 | 127 | 27 | 307 | (2) | ||
| Net loss attributable to noncontrolling interest | (16) | (15) | (12) | (4) | (5) | (4) | ||
| Net income (loss) available to common stockholders, diluted: | 246 | 36 | 115 | 23 | 302 | (6) | ||
Comprehensive Income ($ in millions)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 262 | 51 | 127 | 27 | 307 | (2) | ||
| Other comprehensive income (loss) | 1 | (0) | 0 | 2 | 5 | (6) | ||
| Comprehensive income (loss): | 264 | 51 | 127 | 30 | 312 | (8) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (16) | (15) | (12) | (5) | (5) | (3) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 248 | 36 | 115 | 25 | 307 | (11) | ||
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.