Primo Water Corporation (PRMW) financial statements (2021 and earlier)
Company profile
| Business Address |
101 NORTH CHERRY STREET WINSTON-SALEM, NC 27101 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 5141 - Groceries, General Line (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2 | 4 | 4 | 7 | 6 | 6 | 5 | ||
| Cash and cash equivalents | 2 | 4 | 4 | 7 | 6 | 6 | 5 | ||
| Receivables | 27 | 25 | 21 | 19 | 24 | 23 | 23 | ||
| Inventory, net of allowances, customer advances and progress billings | 12 | 14 | 14 | 10 | 10 | 8 | 6 | ||
| Inventory | 12 | 14 | 14 | 10 | 10 | 8 | 6 | ||
| Other undisclosed current assets | 7 | 7 | 8 | 7 | 4 | 10 | 6 | ||
| Total current assets: | 48 | 50 | 47 | 43 | 43 | 46 | 39 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5 | 4 | 4 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 108 | 104 | 100 | 96 | 93 | 101 | 100 | ||
| Long-term investments and receivables | 7 | ||||||||
| Long-term investments | 7 | ||||||||
| Intangible assets, net (including goodwill) | 169 | 168 | 169 | 170 | 172 | 235 | 236 | ||
| Goodwill | 95 | 92 | 92 | 92 | 92 | 93 | 93 | ||
| Intangible assets, net (excluding goodwill) | 74 | 76 | 77 | 79 | 80 | 142 | 143 | ||
| Disposal group, including discontinued operation, noncurrent assets | 5 | 5 | 5 | ||||||
| Other noncurrent assets | 1 | 1 | 1 | 1 | 1 | 0 | 1 | ||
| Other undisclosed noncurrent assets | 9 | 9 | 5 | 5 | 5 | 4 | 5 | ||
| Total noncurrent assets: | 292 | 284 | 284 | 277 | 275 | 340 | 348 | ||
| TOTAL ASSETS: | 340 | 334 | 331 | 320 | 318 | 387 | 388 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 32 | 30 | 29 | 29 | 27 | 24 | 26 | ||
| Accounts payable | 32 | 30 | 29 | 25 | 27 | 24 | 26 | ||
| Accrued liabilities | 1 | ||||||||
| Employee-related liabilities | 2 | ||||||||
| Taxes payable | 1 | ||||||||
| Interest and dividends payable | 0 | ||||||||
| Debt | 12 | 12 | 11 | 11 | 11 | 11 | 4 | ||
| Due to related parties | 3 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | 1 | |||||
| Other liabilities | 1 | ||||||||
| Other undisclosed current liabilities | 9 | 9 | 8 | 0 | 8 | 9 | 8 | ||
| Total current liabilities: | 52 | 50 | 48 | 45 | 46 | 44 | 38 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 8 | 7 | 5 | 179 | 178 | 188 | 275 | ||
| Finance lease, liability | 5 | 5 | 2 | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 3 | 2 | 2 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 179 | 178 | 188 | 275 | |||||
| Liabilities, other than long-term debt | 1 | 1 | 1 | 2 | 7 | ||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 2 | 7 | ||||
| Disposal group, including discontinued operation, liabilities | 1 | 1 | 1 | ||||||
| Other undisclosed noncurrent liabilities | 183 | 184 | 186 | 1 | 1 | 2 | 2 | ||
| Total noncurrent liabilities: | 191 | 191 | 192 | 181 | 180 | 192 | 284 | ||
| Total liabilities: | 243 | 241 | 240 | 226 | 226 | 236 | 321 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 97 | 93 | 90 | 94 | 92 | 151 | 66 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 425 | 424 | 422 | 425 | 423 | 424 | 321 | ||
| Accumulated other comprehensive loss | (1) | (2) | (1) | (2) | (1) | (1) | (1) | ||
| Accumulated deficit | (327) | (329) | (330) | (329) | (330) | (272) | (273) | ||
| Warrants and rights outstanding | 19 | ||||||||
| Total stockholders' equity: | 97 | 93 | 90 | 94 | 92 | 151 | 66 | ||
| TOTAL LIABILITIES AND EQUITY: | 340 | 334 | 331 | 320 | 318 | 387 | 388 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 87 | 79 | 70 | 71 | 82 | 76 | 74 | |
| Cost of revenue | (73) | (66) | (58) | (52) | (65) | (59) | (60) | |
| Cost of goods and services sold | (65) | (58) | (52) | (51) | (58) | (53) | (53) | |
| Gross profit: | 14 | 13 | 12 | 19 | 17 | 16 | 14 | |
| Operating expenses | (8) | (9) | (10) | (15) | (75) | (10) | (9) | |
| Operating income (loss): | 6 | 4 | 1 | 4 | (58) | 7 | 5 | |
| Interest and debt expense | (3) | (3) | (3) | (3) | (2) | (11) | (5) | |
| Income (loss) from continuing operations before income taxes: | 3 | 1 | (1) | 2 | (61) | (4) | (1) | |
| Income tax benefit | 2 | 5 | 2 | |||||
| Net income (loss) available to common stockholders, diluted: | 3 | 1 | (1) | 2 | (58) | 0 | 1 | |
Comprehensive Income ($ in millions)
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3 | 1 | (1) | 2 | (58) | 0 | 1 | |
| Comprehensive income (loss): | 3 | 1 | (1) | 2 | (58) | 0 | 1 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (0) | 0 | (0) | 0 | (0) | (0) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 3 | 0 | (1) | 1 | (58) | 0 | 1 | |
Statements sources
The financial statements are based on the company's filings with the 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.