Summit Materials, Inc(NYSE:SUM)
Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates through three segments: West, East, and Cement. The company's products include agg...
Website: http://summit-materials.com
Founded: 2009
Full Time Employees: 6,000
Sector: Basic Materials
Industry: Building Materials
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At a glance:
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Quarterly
Annual
| Unit: USD | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2022-01-01 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-02 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-12-29 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-10-01 | 2016-07-02 | 2016-04-02 | 2016-01-02 | 2015-09-26 | 2015-06-27 | 2015-03-28 |
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revenue: | |||||||||||||||||||||||||||||||||||||||
product | 1,013,646,000 | 993,741,000 | 728,694,000 | 528,000,000 | 641,778,000 | 595,714,000 | 372,172,000 | 447,784,000 | 587,138,000 | 542,939,000 | 355,669,000 | 479,313,000 | 561,938,000 | 527,800,000 | 354,234,000 | 490,208,000 | 540,904,000 | 488,260,000 | 305,307,000 | 430,463,000 | 554,721,000 | 467,637,000 | 271,641,000 | 370,563,000 | 512,822,000 | 459,967,000 | 256,807,000 | 272,074,750 | 465,556,000 | 397,726,000 | 225,017,000 | 226,919,750 | 386,236,000 | 341,341,000 | 180,102,000 | 295,633,000 | 338,020,000 | 261,270,000 | 148,920,000 |
service | 98,200,000 | 81,730,000 | 44,535,000 | 85,133,000 | 100,182,000 | 84,659,000 | 35,098,000 | 63,878,000 | 98,871,000 | 88,979,000 | 36,826,000 | 74,113,000 | 100,321,000 | 90,730,000 | 44,247,000 | 81,654,000 | 104,342,000 | 86,980,000 | 37,099,000 | 75,796,000 | 111,126,000 | 84,954,000 | 34,309,000 | 74,527,000 | 112,195,000 | 89,268,000 | 33,109,000 | 55,875,000 | 108,831,000 | 80,642,000 | 34,027,000 | 48,301,500 | 93,974,000 | 71,295,000 | 27,937,000 | 63,899,000 | 88,266,000 | 67,739,000 | 26,219,000 |
net revenue | 1,111,846,000 | 1,075,471,000 | 773,229,000 | 613,133,000 | 741,960,000 | 680,373,000 | 407,270,000 | 511,662,000 | 686,009,000 | 631,918,000 | 392,495,000 | 553,426,000 | 662,259,000 | 618,530,000 | 398,481,000 | 571,862,000 | 645,246,000 | 575,240,000 | 342,406,000 | 506,259,000 | 665,847,000 | 552,591,000 | 305,950,000 | 445,090,000 | 625,017,000 | 549,235,000 | 289,916,000 | 440,610,000 | 574,387,000 | 478,368,000 | 259,044,000 | 275,221,250 | 480,210,000 | 412,636,000 | 208,039,000 | 359,532,000 | 426,286,000 | 329,009,000 | 175,139,000 |
delivery and subcontract revenue | 59,291,000 | 42,791,000 | 31,786,000 | 47,000,000 | 52,837,000 | 48,777,000 | 28,118,000 | 40,612,000 | 66,738,000 | 54,636,000 | 28,452,000 | 43,242,000 | 54,981,000 | 49,387,000 | 29,363,000 | 52,771,000 | 64,373,000 | 55,769,000 | 24,784,000 | 50,269,000 | 66,235,000 | 48,300,000 | 26,689,000 | 45,940,000 | 69,644,000 | 51,655,000 | 24,505,000 | 49,414,000 | 59,794,000 | 45,725,000 | 25,233,000 | 25,551,250 | 49,227,000 | 32,638,000 | 20,340,000 | 41,930,000 | 45,619,000 | 35,934,000 | 18,848,000 |
total revenue | 1,171,137,000 | 1,118,262,000 | 805,015,000 | 660,133,000 | 794,797,000 | 729,150,000 | 435,388,000 | 552,274,000 | 752,747,000 | 686,554,000 | 420,947,000 | 596,668,000 | 717,240,000 | 667,917,000 | 427,844,000 | 624,633,000 | 709,619,000 | 631,009,000 | 367,190,000 | 556,528,000 | 732,082,000 | 600,891,000 | 332,639,000 | 491,030,000 | 694,661,000 | 600,890,000 | 314,421,000 | 490,024,000 | 634,181,000 | 524,093,000 | 284,277,000 | 422,973,000 | 529,437,000 | 445,274,000 | 228,379,000 | 401,462,000 | 471,905,000 | 364,943,000 | 193,987,000 |
yoy | 47.35% | 53.37% | 84.90% | 19.53% | 5.59% | 6.20% | 3.43% | -7.44% | 4.95% | 2.79% | -1.61% | -4.48% | 1.07% | 5.85% | 16.52% | 12.24% | -3.07% | 5.01% | 10.39% | 13.34% | 5.39% | 0.00% | 5.79% | 0.21% | 9.54% | 14.65% | 10.60% | 15.85% | 19.78% | 17.70% | 24.48% | 5.36% | 12.19% | 22.01% | 17.73% | ||||
qoq | 4.73% | 38.91% | 21.95% | -16.94% | 9.00% | 67.47% | -21.16% | -26.63% | 9.64% | 63.10% | -29.45% | -16.81% | 7.38% | 56.11% | -31.50% | -11.98% | 12.46% | 71.85% | -34.02% | -23.98% | 21.83% | 80.64% | -32.26% | -29.31% | 15.61% | 91.11% | -35.84% | -22.73% | 21.01% | 84.36% | -32.79% | -20.11% | 18.90% | 94.97% | -43.11% | -14.93% | 29.31% | 88.13% | |
cost of revenue | |||||||||||||||||||||||||||||||||||||||
net cost of revenue | 729,019,000 | 707,218,000 | 592,225,000 | 425,809,000 | 490,322,000 | 443,626,000 | 325,919,000 | 350,044,000 | 468,198,000 | 429,569,000 | 324,928,000 | 391,822,000 | 431,955,000 | 418,329,000 | 317,331,000 | 365,908,000 | 404,631,000 | 354,389,000 | 261,371,000 | 320,587,000 | 416,744,000 | 357,193,000 | 240,315,000 | 299,243,000 | 402,159,000 | 359,277,000 | 223,356,000 | 208,067,250 | 349,751,000 | 290,179,000 | 192,339,000 | 173,940,500 | 286,652,000 | 252,562,000 | 156,548,000 | 228,877,000 | 266,780,000 | 213,236,000 | 139,421,000 |
delivery and subcontract cost | 59,291,000 | 42,791,000 | 31,786,000 | 47,000,000 | 52,837,000 | 48,777,000 | 28,118,000 | 40,612,000 | 66,738,000 | 54,636,000 | 28,452,000 | 43,242,000 | 54,981,000 | 49,387,000 | 29,363,000 | 52,771,000 | 64,373,000 | 55,769,000 | 24,784,000 | 50,269,000 | 66,235,000 | 48,300,000 | 26,689,000 | 45,940,000 | 69,644,000 | 51,655,000 | 24,505,000 | 32,688,000 | 59,794,000 | 45,725,000 | 25,233,000 | 25,551,250 | 49,227,000 | 32,638,000 | 20,340,000 | 41,930,000 | 45,619,000 | 35,934,000 | 18,848,000 |
total cost of revenue | 788,310,000 | 750,009,000 | 624,011,000 | 472,809,000 | 543,159,000 | 492,403,000 | 354,037,000 | 390,656,000 | 534,936,000 | 484,205,000 | 353,380,000 | 435,064,000 | 486,936,000 | 467,716,000 | 346,694,000 | 418,679,000 | 469,004,000 | 410,158,000 | 286,155,000 | 370,856,000 | 482,979,000 | 405,493,000 | 267,004,000 | 345,183,000 | 471,803,000 | 410,932,000 | 247,861,000 | 240,755,250 | 409,545,000 | 335,904,000 | 217,572,000 | 274,103,000 | 335,879,000 | 285,200,000 | 176,888,000 | 270,807,000 | 312,399,000 | 249,170,000 | 158,269,000 |
general and administrative expenses | 78,916,000 | 83,875,000 | 68,526,000 | 59,626,000 | 50,895,000 | 55,550,000 | 46,362,000 | 50,684,000 | 39,959,000 | 47,651,000 | 51,924,000 | 50,274,000 | 47,364,000 | 47,448,000 | 51,642,000 | 91,264,000 | 81,499,000 | 66,544,000 | 70,224,000 | 72,011,000 | 62,344,000 | 60,961,000 | 67,610,000 | 62,634,000 | 59,457,000 | 61,657,000 | 69,861,000 | 66,941,000 | 59,175,000 | 58,086,000 | 58,468,000 | 58,654,000 | 64,194,000 | 75,644,000 | 45,370,000 | 28,285,000 | 42,539,000 | 39,711,000 | 67,234,000 |
depreciation, depletion, amortization and accretion | 99,159,000 | 104,397,000 | 95,971,000 | 54,417,000 | 57,452,000 | 54,787,000 | 50,894,000 | 49,967,000 | 52,133,000 | 47,157,000 | 51,193,000 | 55,715,000 | 59,082,000 | 58,233,000 | 56,336,000 | 57,560,000 | 58,054,000 | 53,928,000 | 51,778,000 | 52,962,000 | 55,127,000 | 53,625,000 | 55,388,000 | 54,247,000 | 53,974,000 | 49,731,000 | 46,958,000 | 45,762,000 | 48,969,000 | 45,039,000 | 39,748,000 | 40,105,000 | 39,427,000 | 37,408,000 | 32,360,000 | 32,905,000 | 33,306,000 | 27,386,000 | 26,126,000 |
transaction and integration costs | 13,656,000 | 10,265,000 | 62,208,000 | ||||||||||||||||||||||||||||||||||||
gain on sale of property, plant and equipment | -3,555,000 | -3,180,000 | -848,000 | -2,503,000 | -2,134,000 | -3,223,000 | -430,000 | -4,077,000 | -1,343,000 | -3,695,000 | -1,255,000 | -1,569,000 | -1,159,000 | -1,403,000 | -1,769,000 | ||||||||||||||||||||||||
operating income | 194,651,000 | 172,896,000 | -44,853,000 | 68,489,000 | 127,983,000 | 129,633,000 | -15,475,000 | 65,044,000 | 127,062,000 | 111,236,000 | -34,295,000 | 57,184,000 | 125,017,000 | 95,923,000 | -25,059,000 | 66,216,000 | 100,617,000 | 100,060,000 | -41,720,000 | 59,926,000 | 130,881,000 | 80,422,000 | -57,671,000 | 28,545,000 | 108,167,000 | 77,279,000 | -51,525,000 | 57,306,000 | 113,911,000 | 82,444,000 | -32,784,000 | 48,604,000 | 88,253,000 | 46,732,000 | -29,555,000 | 67,990,000 | 83,357,000 | 42,300,000 | -59,006,000 |
yoy | 52.09% | 33.37% | 189.84% | 5.30% | 0.72% | 16.54% | -54.88% | 13.75% | 1.64% | 15.96% | 36.86% | -13.64% | 24.25% | -4.13% | -39.94% | 10.50% | -23.12% | 24.42% | -27.66% | 109.94% | 21.00% | 4.07% | 11.93% | -50.19% | -5.04% | -6.26% | 57.17% | 17.90% | 29.07% | 76.42% | 10.93% | -28.51% | 5.87% | 10.48% | -49.91% | ||||
qoq | 12.58% | -485.47% | -165.49% | -46.49% | -1.27% | -937.69% | -123.79% | -48.81% | 14.23% | -424.35% | -159.97% | -54.26% | 30.33% | -482.79% | -137.84% | -34.19% | 0.56% | -339.84% | -169.62% | -54.21% | 62.74% | -239.45% | -302.04% | -73.61% | 39.97% | -249.98% | -189.91% | -49.69% | 38.17% | -351.48% | -167.45% | -44.93% | 88.85% | -258.12% | -143.47% | -18.44% | 97.06% | -171.69% | |
operating margin % | 16.62% | 15.46% | -5.57% | 10.38% | 16.10% | 17.78% | -3.55% | 11.78% | 16.88% | 16.20% | -8.15% | 9.58% | 17.43% | 14.36% | -5.86% | 10.60% | 14.18% | 15.86% | -11.36% | 10.77% | 17.88% | 13.38% | -17.34% | 5.81% | 15.57% | 12.86% | -16.39% | 11.69% | 17.96% | 15.73% | -11.53% | 11.49% | 16.67% | 10.50% | -12.94% | 16.94% | 17.66% | 11.59% | -30.42% |
interest expense | 50,916,000 | 52,849,000 | 51,892,000 | 30,820,000 | 28,013,000 | 27,902,000 | 27,420,000 | 24,241,000 | 21,980,000 | 20,599,000 | 20,149,000 | 19,704,000 | 24,134,000 | 24,216,000 | 24,186,000 | 25,546,000 | 24,623,000 | 25,608,000 | 27,818,000 | 28,086,000 | 28,917,000 | 29,401,000 | 30,105,000 | 29,932,000 | 28,889,000 | 28,943,000 | 28,784,000 | 28,673,000 | 28,921,000 | 25,986,000 | 24,969,000 | 25,069,000 | 25,273,000 | 25,617,000 | 21,577,000 | 22,398,000 | 20,727,000 | 17,395,000 | 24,109,000 |
loss on debt financings | 7,157,000 | 5,453,000 | 493,000 | 6,016,000 | 4,064,000 | 14,565,000 | 149,000 | 4,625,000 | 190,000 | 7,318,000 | 32,641,000 | 30,873,000 | 799,000 | ||||||||||||||||||||||||||
tax receivable agreement benefit | |||||||||||||||||||||||||||||||||||||||
gain on sale of businesses | 7,083,000 | -3,758,000 | -14,985,000 | -14,205,000 | -4,692,000 | 113,000 | 236,000 | ||||||||||||||||||||||||||||||||
other income | -9,224,000 | -8,086,000 | -8,878,000 | -6,563,000 | -3,583,000 | -5,478,000 | -5,710,000 | -5,368,000 | -3,283,000 | -977,000 | -696,000 | -6,317,000 | -1,137,000 | -4,695,000 | -1,229,000 | -1,226,000 | -1,616,000 | -3,623,000 | -1,875,000 | -3,676,000 | -2,803,000 | -2,985,500 | -3,371,000 | -916,000 | -7,655,000 | -1,340,000 | -2,716,000 | -590,000 | -657,000 | -66,000 | 565,000 | 666,000 | -432,000 | -1,747,000 | -1,171,000 | 102,000 | 391,000 | ||
income from operations before taxes | 138,719,000 | 131,891,000 | -78,335,000 | 68,300,000 | 256,633,000 | 107,209,000 | -37,678,000 | 41,838,000 | 112,480,000 | 246,713,000 | -39,543,000 | 55,268,000 | 95,891,000 | 76,166,000 | -28,688,000 | 49,458,000 | 73,156,000 | 76,068,000 | -69,627,000 | 19,226,000 | 103,839,000 | -99,538,000 | 24,871,000 | 94,757,000 | 49,103,000 | -72,654,000 | 245,072,000 | -401,509,000 | 55,523,000 | -57,286,000 | 8,041,000 | 62,415,000 | 20,449,000 | -50,700,000 | |||||
income tax expense | 33,541,000 | 25,816,000 | 64,915,000 | 23,908,000 | 22,481,000 | 11,512,000 | 24,829,000 | 53,947,000 | 8,568,000 | 45,602,000 | |||||||||||||||||||||||||||||
net income | 105,178,000 | 106,075,000 | -67,270,000 | 3,385,000 | 232,725,000 | 84,728,000 | -31,212,000 | 30,326,000 | 87,651,000 | 192,766,000 | -34,800,000 | 44,390,000 | 75,378,000 | 57,758,000 | -23,245,000 | 36,310,000 | 92,769,000 | 58,887,000 | -46,726,000 | 36,397,000 | 58,237,000 | 37,990,000 | -71,501,000 | -18,627,000 | 73,992,000 | 36,913,000 | -55,948,000 | 46,722,000 | 82,075,000 | 52,088,000 | -55,108,000 | 10,019,250 | 61,106,000 | 21,505,000 | -42,534,000 | 47,416,000 | 33,872,000 | 33,000 | -79,837,000 |
yoy | -54.81% | 25.19% | 115.53% | -88.84% | 165.51% | -56.05% | -10.31% | -31.68% | 16.28% | 233.75% | 49.71% | 22.25% | -18.75% | -1.92% | -50.25% | -0.24% | 59.30% | 55.01% | -34.65% | -295.40% | -21.29% | 2.92% | 27.80% | -139.87% | -9.85% | -29.13% | 1.52% | 366.32% | 34.32% | 142.21% | 29.56% | -78.87% | 80.40% | 65066.67% | -46.72% | ||||
qoq | -0.85% | -257.69% | -2087.30% | -98.55% | 174.67% | -371.46% | -202.92% | -65.40% | -54.53% | -653.93% | -178.40% | -41.11% | 30.51% | -348.47% | -164.02% | -60.86% | 57.54% | -226.03% | -228.38% | -37.50% | 53.30% | -153.13% | 283.86% | -125.17% | 100.45% | -165.98% | -219.75% | -43.07% | 57.57% | -194.52% | -650.02% | -83.60% | 184.15% | -150.56% | -189.70% | 39.99% | 102542.42% | -100.04% | |
net income margin % | 8.98% | 9.49% | -8.36% | 0.51% | 29.28% | 11.62% | -7.17% | 5.49% | 11.64% | 28.08% | -8.27% | 7.44% | 10.51% | 8.65% | -5.43% | 5.81% | 13.07% | 9.33% | -12.73% | 6.54% | 7.95% | 6.32% | -21.50% | -3.79% | 10.65% | 6.14% | -17.79% | 9.53% | 12.94% | 9.94% | -19.39% | 2.37% | 11.54% | 4.83% | -18.62% | 11.81% | 7.18% | 0.01% | -41.16% |
net income attributable to noncontrolling interest in summit holdings | -404,000 | 407,000 | 2,680,000 | 1,091,000 | |||||||||||||||||||||||||||||||||||
net income attributable to summit inc. | 105,178,000 | 106,075,000 | -66,866,000 | 2,978,000 | 230,045,000 | 83,637,000 | -30,804,000 | 29,835,000 | 86,489,000 | 190,113,000 | -34,292,000 | 43,838,000 | 74,204,000 | 56,659,000 | -22,517,000 | 35,152,000 | 90,730,000 | 57,064,000 | -44,979,000 | 35,671,000 | 55,757,000 | 36,410,000 | -68,772,000 | -19,163,000 | 71,289,000 | 35,509,000 | -53,729,000 | 19,152,000 | 79,052,000 | 50,000,000 | -52,444,000 | 9,268,250 | 44,820,000 | 13,371,000 | -10,151,000 | ||||
earnings per share of class a common stock: | |||||||||||||||||||||||||||||||||||||||
basic | 0.6 | 0.6 | 0.02 | 1.93 | 0.7 | 0.22 | 0.73 | 1.61 | 0.37 | 0.63 | 0.48 | 0.31 | 0.79 | 0.5 | 0.32 | 0.5 | |||||||||||||||||||||||
diluted | 0.6 | 0.6 | 0.02 | 1.92 | 0.7 | 0.23 | 0.73 | 1.6 | 0.36 | 0.62 | 0.48 | 0.3 | 0.79 | 0.5 | 0.31 | 0.48 | |||||||||||||||||||||||
weighted-average shares of class a common stock: | |||||||||||||||||||||||||||||||||||||||
basic | 175,635,388 | 175,550,487 | 167,511,575 | 119,045,393 | 119,013,331 | 118,931,914 | 118,679,656 | 119,894,444 | 117,917,058 | 118,242,880 | 118,937,466 | 117,650,080 | 118,473,530 | 117,637,036 | 115,664,725 | 114,227,192 | 114,116,564 | 114,111,204 | 113,602,110 | 112,204,067 | 112,179,137 | 112,070,009 | 111,811,679 | 111,380,175 | 111,641,344 | 111,564,190 | 110,659,098 | 108,024,055 | 106,898,512 | 105,171,661 | 73,297,795 | 61,607,457 | 49,746,971 | 38,231,689 | 37,920,452 | 26,584,738 | 26,584,738 | ||
diluted | 176,287,257 | 176,132,001 | 167,511,575 | 119,774,766 | 119,725,693 | 119,393,709 | 118,679,656 | 120,628,459 | 118,404,098 | 118,681,507 | 118,937,466 | 118,741,932 | 119,291,646 | 118,585,398 | 115,411,204 | 114,631,768 | 114,472,171 | 114,137,857 | 113,602,110 | 112,684,718 | 115,505,122 | 112,182,555 | 111,811,679 | 112,316,646 | 111,940,067 | 112,583,321 | 110,659,098 | 109,303,412 | 107,908,888 | 105,171,661 | 73,444,105 | 62,758,217 | 49,746,971 | 88,336,574 | 37,963,930 | 26,584,738 | 26,584,738 | ||
income tax benefit | -11,065,000 | -6,466,000 | -4,743,000 | 10,878,000 | 20,513,000 | 18,408,000 | -5,443,000 | 17,181,000 | -22,901,000 | 16,707,000 | -28,037,000 | 43,498,000 | 20,765,000 | 12,190,000 | -16,706,000 | 3,435,000 | -2,178,000 | 2,614,000 | 1,309,000 | -1,056,000 | -8,166,000 | -5,795,000 | -2,655,000 | -5,345,000 | -4,468,000 | ||||||||||||||
loss per share of class a common stock: | |||||||||||||||||||||||||||||||||||||||
basic | -0.4 | -0.26 | -0.29 | -0.19 | -0.4 | -0.62 | -0.49 | -0.5 | |||||||||||||||||||||||||||||||
diluted | -0.4 | -0.26 | -0.29 | -0.2 | -0.4 | -0.62 | -0.49 | -0.5 | |||||||||||||||||||||||||||||||
transaction costs | 4,879,500 | 17,442,000 | 379,250 | 445,000 | 319,000 | 753,000 | 773,000 | 751,000 | 390,000 | 308,000 | 421,000 | 1,260,000 | 1,291,000 | 1,266,000 | 1,259,000 | 2,581,000 | 2,620,000 | 1,273,000 | 1,507,000 | 1,684,000 | 290,000 | 3,316,000 | 1,475,000 | 304,000 | 6,376,000 | 1,364,000 | |||||||||||||
tax receivable agreement (benefit) expense | -9,102,000 | -153,080,000 | |||||||||||||||||||||||||||||||||||||
tax receivable agreement expense | 238,500 | 954,000 | -219,724,000 | 489,215,000 | 1,525,000 | ||||||||||||||||||||||||||||||||||
net income attributable to summit holdings | -408,000 | 491,000 | 1,162,000 | 2,653,000 | -508,000 | 552,000 | 1,174,000 | 1,099,000 | -728,000 | 1,158,000 | 2,039,000 | 1,823,000 | -1,747,000 | 726,000 | 2,480,000 | 1,580,000 | -2,729,000 | 536,000 | 2,703,000 | 1,404,000 | -2,219,000 | 618,500 | 2,964,000 | 2,076,000 | -2,566,000 | 736,750 | 16,194,000 | 8,090,000 | -21,337,000 | 23,962,000 | 19,109,000 | 225,000 | -67,704,000 | ||||||
(gain) loss on sale of businesses | -43,593,250 | -4,115,000 | -156,053,000 | ||||||||||||||||||||||||||||||||||||
gain on sale of business | -15,668,000 | -12,108,000 | |||||||||||||||||||||||||||||||||||||
other (income) loss | -4,889,000 | ||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -6,333,250 | -19,613,000 | -120,581,750 | -483,584,000 | |||||||||||||||||||||||||||||||||||
other loss (income) | 89,000 | ||||||||||||||||||||||||||||||||||||||
income from operation before taxes | 54,697,000 | ||||||||||||||||||||||||||||||||||||||
income per share of class a common stock: | |||||||||||||||||||||||||||||||||||||||
basic | 0.32 | -0.18 | 0.64 | 0.32 | 0.18 | 0.73 | 0.47 | ||||||||||||||||||||||||||||||||
diluted | 0.32 | -0.17 | 0.64 | 0.32 | 0.178 | 0.72 | 0.46 | ||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interest in subsidiaries | -6,750 | 59,000 | 12,000 | -98,000 | 14,250 | 92,000 | 44,000 | -79,000 | 91,000 | 52,000 | 13,000 | -1,982,000 | |||||||||||||||||||||||||||
income from continuing operations | 6,049,000 | 61,106,000 | 21,505,000 | 45,816,000 | 33,815,000 | -725,000 | -79,837,000 | ||||||||||||||||||||||||||||||||
income from discontinued operations | -203,750 | -57,000 | -758,000 | ||||||||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||
basic | -0.07 | 0.61 | 0.22 | -0.42 | 0.59 | 0.39 | -0.01 | -0.38 | |||||||||||||||||||||||||||||||
diluted | 0.12 | 0.61 | 0.21 | -0.42 | 0.38 | 0.39 | -0.01 | -0.38 | |||||||||||||||||||||||||||||||
net income attributable to summit materials, inc. | -21,118,000 | 23,363,000 | 14,711,000 | -205,000 | |||||||||||||||||||||||||||||||||||
income from continuing operations before taxes | 40,021,000 | 31,160,000 | -6,070,000 | -84,305,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-01 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2020-01-02 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-12-29 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-10-01 | 2016-07-02 | 2016-04-02 | 2015-09-26 | 2015-06-27 | 2015-03-28 | 2015-01-02 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 737,541,000 | 538,708,000 | 498,110,000 | 374,162,000 | 197,475,000 | 230,010,000 | 379,457,000 | 520,451,000 | 471,666,000 | 465,315,000 | 287,392,000 | 258,083,000 | 469,097,000 | 359,741,000 | 380,961,000 | 288,757,000 | 253,407,000 | 199,114,000 | 418,181,000 | 311,319,000 | 182,589,000 | 67,658,000 | 64,837,000 | 128,508,000 | 64,930,000 | 50,404,000 | 178,293,000 | 383,556,000 | 287,082,000 | 353,063,000 | 156,107,000 | 143,392,000 | 31,643,000 | 9,168,000 | 92,244,000 | 18,987,000 | 186,405,000 | ||
restricted cash | 800,000,000 | ||||||||||||||||||||||||||||||||||||||
accounts receivable | 570,917,000 | 550,093,000 | 454,650,000 | 287,252,000 | 375,929,000 | 370,504,000 | 236,569,000 | 256,669,000 | 363,956,000 | 327,266,000 | 239,839,000 | 333,351,000 | 316,615,000 | 250,058,000 | 287,226,000 | 309,377,000 | 280,863,000 | 231,215,000 | 254,696,000 | 253,256,000 | 337,060,000 | 294,604,000 | 195,411,000 | 214,518,000 | 301,670,000 | 268,819,000 | 180,099,000 | 198,330,000 | 295,491,000 | 247,546,000 | 154,844,000 | 162,377,000 | 247,175,000 | 213,048,000 | 132,513,000 | 205,939,000 | 164,059,000 | 109,941,000 | 145,544,000 |
costs and estimated earnings in excess of billings | 35,263,000 | 33,948,000 | 11,681,000 | 10,289,000 | 40,985,000 | 35,315,000 | 14,387,000 | 6,510,000 | 33,568,000 | 37,813,000 | 12,723,000 | 34,181,000 | 28,717,000 | 17,124,000 | 7,600,000 | 44,001,000 | 43,604,000 | 11,319,000 | 8,666,000 | 13,088,000 | 49,715,000 | 45,371,000 | 17,079,000 | 18,602,000 | 47,629,000 | 44,481,000 | 12,668,000 | 9,512,000 | 39,316,000 | 29,212,000 | 14,926,000 | 7,450,000 | 39,052,000 | 29,026,000 | 7,797,000 | 34,175,000 | 24,721,000 | 11,836,000 | 5,690,000 |
inventories | 345,215,000 | 349,099,000 | 338,501,000 | 241,350,000 | 243,136,000 | 246,275,000 | 234,564,000 | 212,491,000 | 202,783,000 | 209,875,000 | 187,009,000 | 195,312,000 | 198,217,000 | 210,934,000 | 180,760,000 | 209,774,000 | 231,942,000 | 231,413,000 | 200,308,000 | 204,787,000 | 197,015,000 | 208,136,000 | 214,038,000 | 213,851,000 | 229,761,000 | 245,238,000 | 226,750,000 | 184,439,000 | 181,784,000 | 182,886,000 | 186,998,000 | 157,679,000 | 164,875,000 | 174,739,000 | 171,991,000 | 138,036,000 | 128,417,000 | 133,307,000 | 130,082,000 |
other current assets | 24,964,000 | 28,461,000 | 40,644,000 | 17,937,000 | 17,976,000 | 22,336,000 | 24,608,000 | 20,787,000 | 20,132,000 | 14,393,000 | 14,305,000 | 13,855,000 | 15,271,000 | 20,578,000 | 13,063,000 | 13,632,000 | 12,168,000 | 15,195,000 | 11,428,000 | 13,831,000 | 12,037,000 | 12,618,000 | 19,245,000 | 16,061,000 | 15,690,000 | 12,381,000 | 13,742,000 | 7,764,000 | 11,669,000 | 12,352,000 | 12,038,000 | 12,800,000 | 8,353,000 | 8,040,000 | 15,003,000 | 21,762,000 | 19,853,000 | 17,476,000 | 4,807,000 |
current assets held for sale | 1,495,000 | 446,000 | 1,375,000 | 1,134,000 | 1,702,000 | 1,862,000 | 1,305,000 | 1,468,000 | 1,205,000 | 1,799,000 | 36,572,000 | ||||||||||||||||||||||||||||
total current assets | 1,715,395,000 | 1,500,755,000 | 1,344,961,000 | 1,732,124,000 | 877,203,000 | 906,302,000 | 890,890,000 | 1,018,376,000 | 1,093,310,000 | 1,056,461,000 | 777,840,000 | 834,782,000 | 1,027,917,000 | 858,435,000 | 869,610,000 | 865,541,000 | 821,984,000 | 688,256,000 | 893,279,000 | 796,281,000 | 778,416,000 | 628,387,000 | 510,610,000 | 591,540,000 | 659,680,000 | 621,323,000 | 611,552,000 | 783,601,000 | 815,342,000 | 825,059,000 | 524,913,000 | 483,698,000 | 491,098,000 | 434,021,000 | 419,548,000 | 418,899,000 | 349,620,000 | 587,540,000 | 472,528,000 |
property, plant and equipment | 4,293,472,000 | 4,354,088,000 | 4,417,355,000 | 1,976,820,000 | 1,974,532,000 | 1,979,986,000 | 1,867,412,000 | 1,813,702,000 | 1,768,394,000 | 1,785,844,000 | 1,766,594,000 | 1,841,139,000 | 1,865,841,000 | 1,897,117,000 | 1,842,908,000 | 1,763,066,000 | 1,752,221,000 | 1,768,703,000 | 1,850,169,000 | 1,747,449,000 | 1,762,307,000 | 1,788,664,000 | 1,799,941,000 | 1,780,132,000 | 1,751,810,000 | 1,733,653,000 | 1,672,880,000 | 1,615,424,000 | 1,620,123,000 | 1,555,816,000 | 1,528,259,000 | 1,446,452,000 | 1,456,491,000 | 1,439,194,000 | 1,397,702,000 | 1,276,227,000 | 985,081,000 | 948,129,000 | 1,269,006,000 |
goodwill | 2,069,495,000 | 2,093,010,000 | 1,990,482,000 | 1,224,861,000 | 1,241,472,000 | 1,228,468,000 | 1,159,525,000 | 1,132,546,000 | 1,131,764,000 | 1,144,282,000 | 1,146,276,000 | 1,174,855,000 | 1,176,351,000 | 1,201,426,000 | 1,163,750,000 | 1,303,086,000 | 1,196,999,000 | 1,195,557,000 | 1,201,291,000 | 1,199,699,000 | 1,198,496,000 | 1,198,177,000 | 1,195,262,000 | 1,192,028,000 | 1,147,588,000 | 1,114,967,000 | 1,109,448,000 | 1,036,320,000 | 1,012,771,000 | 918,511,000 | 848,034,000 | 782,212,000 | 760,448,000 | 757,658,000 | 735,746,000 | 567,836,000 | 418,659,000 | 415,582,000 | 596,397,000 |
intangible assets, less accumulated amortization | 157,269,000 | 168,282,000 | 179,587,000 | 68,814,000 | 69,714,000 | 70,485,000 | 67,253,000 | 68,375,000 | 67,015,000 | 70,338,000 | 71,409,000 | 71,486,000 | 37,923,000 | 38,644,000 | 22,793,000 | 24,446,000 | 17,653,000 | 18,051,000 | 18,892,000 | 16,294,000 | 16,621,000 | 16,995,000 | 17,344,000 | 17,685,000 | 25,205,000 | 25,582,000 | 14,521,000 | 15,481,000 | 16,257,000 | 16,891,000 | |||||||||
deferred tax assets, less valuation allowance | 113,362,000 | 126,817,000 | 144,467,000 | 151,099,000 | 161,942,000 | 211,372,000 | 210,389,000 | 226,722,000 | 240,565,000 | 241,900,000 | 221,512,000 | 237,922,000 | 193,632,000 | 237,089,000 | 253,104,000 | 267,532,000 | 287,606,000 | 297,729,000 | 477,493,000 | ||||||||||||||||||||
operating lease right-of-use assets | 83,012,000 | 89,360,000 | 89,251,000 | 36,553,000 | 38,380,000 | 36,013,000 | 36,638,000 | 37,889,000 | 31,057,000 | 31,407,000 | 28,766,000 | 27,339,000 | 28,164,000 | 28,796,000 | 30,150,000 | 28,551,000 | 30,347,000 | 30,527,000 | 28,543,000 | 32,777,000 | 33,045,000 | 34,101,000 | 34,403,000 | ||||||||||||||||
other assets | 108,543,000 | 108,497,000 | 108,264,000 | 59,134,000 | 51,201,000 | 48,187,000 | 45,523,000 | 44,809,000 | 42,078,000 | 42,492,000 | 43,200,000 | 57,807,000 | 55,981,000 | 53,432,000 | 58,745,000 | 52,103,000 | 49,511,000 | 48,510,000 | 55,000,000 | 55,519,000 | 51,772,000 | 50,785,000 | 49,990,000 | 50,084,000 | 50,832,000 | 50,413,000 | 48,350,000 | 51,063,000 | 50,068,000 | 48,438,000 | 52,972,000 | 51,115,000 | 47,796,000 | 46,040,000 | 46,531,000 | 51,798,000 | 45,875,000 | 50,112,000 | 43,243,000 |
total assets | 8,427,186,000 | 8,313,992,000 | 8,129,900,000 | 5,149,582,000 | 4,364,964,000 | 4,395,487,000 | 4,214,940,000 | 4,255,692,000 | 4,284,955,000 | 4,290,803,000 | 4,143,245,000 | 4,216,649,000 | 4,452,385,000 | 4,351,257,000 | 4,239,125,000 | 4,292,170,000 | 4,111,218,000 | 3,992,268,000 | 4,308,011,000 | 4,067,556,000 | 4,042,114,000 | 3,954,856,000 | 3,861,361,000 | 3,857,641,000 | 3,896,334,000 | 3,824,256,000 | 3,756,580,000 | 3,787,333,000 | 3,992,792,000 | 3,365,168,000 | 2,971,863,000 | 2,781,466,000 | 2,781,038,000 | 2,702,495,000 | 2,614,048,000 | 2,330,241,000 | 1,815,492,000 | 2,018,254,000 | 2,396,179,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||
current portion of debt | 10,100,000 | 7,575,000 | 7,575,000 | 3,822,000 | 3,822,000 | 5,096,000 | 5,096,000 | 5,096,000 | 6,354,000 | 6,354,000 | 6,354,000 | 6,354,000 | 6,354,000 | 6,354,000 | 6,354,000 | 7,942,000 | 7,942,000 | 7,942,000 | 6,354,000 | 7,942,000 | 6,354,000 | 4,765,000 | 4,765,000 | 6,354,000 | 4,765,000 | 6,354,000 | 6,354,000 | 4,765,000 | 6,500,000 | 6,500,000 | 6,500,000 | 6,500,000 | 6,500,000 | 20,500,000 | 6,500,000 | 68,125,000 | 71,275,000 | 5,275,000 | 6,500,000 |
current portion of acquisition-related liabilities | 8,996,000 | 8,987,000 | 8,993,000 | 7,007,000 | 7,028,000 | 7,243,000 | 7,243,000 | 13,718,000 | 12,215,000 | 12,846,000 | 13,078,000 | 12,809,000 | 13,519,000 | 13,372,000 | 13,110,000 | 31,968,000 | 31,483,000 | 30,923,000 | 10,265,000 | 32,700,000 | 34,398,000 | 35,470,000 | 37,422,000 | 34,270,000 | 14,148,000 | 15,634,000 | 37,101,000 | 14,087,000 | 25,153,000 | 17,721,000 | 17,852,000 | 24,162,000 | 21,907,000 | 17,731,000 | 17,797,000 | 20,191,000 | 22,395,000 | 24,851,000 | 20,584,000 |
accounts payable | 274,957,000 | 282,091,000 | 290,914,000 | 123,621,000 | 173,127,000 | 171,221,000 | 138,961,000 | 104,031,000 | 166,592,000 | 167,643,000 | 146,292,000 | 155,919,000 | 152,285,000 | 150,243,000 | 128,232,000 | 149,475,000 | 138,330,000 | 122,350,000 | 120,813,000 | 116,359,000 | 152,232,000 | 131,391,000 | 101,843,000 | 107,702,000 | 140,174,000 | 144,284,000 | 110,348,000 | 98,744,000 | 134,925,000 | 116,817,000 | 105,390,000 | 81,565,000 | 113,329,000 | 103,624,000 | 91,560,000 | 113,226,000 | 90,822,000 | 70,840,000 | 81,397,000 |
accrued expenses | 226,310,000 | 250,355,000 | 191,776,000 | 171,691,000 | 147,619,000 | 148,660,000 | 97,478,000 | 119,967,000 | 123,985,000 | 133,810,000 | 113,569,000 | 137,378,000 | 150,154,000 | 130,338,000 | 147,476,000 | 144,064,000 | 138,001,000 | 102,460,000 | 160,570,000 | 120,005,000 | 118,003,000 | 113,996,000 | 96,476,000 | 100,491,000 | 114,257,000 | 118,494,000 | 112,329,000 | 116,629,000 | 130,502,000 | 119,260,000 | 100,720,000 | 111,605,000 | 108,711,000 | 106,960,000 | 78,963,000 | 90,880,000 | 90,778,000 | 81,612,000 | 92,942,000 |
current operating lease liabilities | 17,134,000 | 17,217,000 | 16,745,000 | 8,596,000 | 8,745,000 | 7,707,000 | 7,515,000 | 7,296,000 | 6,481,000 | 6,504,000 | 5,934,000 | 6,818,000 | 7,019,000 | 7,480,000 | 6,497,000 | 8,193,000 | 8,382,000 | 8,131,000 | 8,188,000 | 8,427,000 | 8,609,000 | 8,470,000 | 8,098,000 | ||||||||||||||||
billings in excess of costs and estimated earnings | 15,334,000 | 7,635,000 | 6,005,000 | 8,228,000 | 8,539,000 | 7,054,000 | 4,233,000 | 5,739,000 | 7,143,000 | 5,805,000 | 6,734,000 | 11,631,000 | 12,524,000 | 13,930,000 | 7,401,000 | 14,225,000 | 12,556,000 | 14,022,000 | 16,499,000 | 13,864,000 | 12,476,000 | 10,733,000 | 10,656,000 | 11,840,000 | 13,072,000 | 14,724,000 | 15,131,000 | 15,750,000 | 18,043,000 | 16,873,000 | 12,860,000 | 15,456,000 | 16,869,000 | 9,695,000 | 10,667,000 | 11,005,000 | 8,341,000 | 8,309,000 | 13,081,000 |
total current liabilities | 552,831,000 | 573,860,000 | 522,008,000 | 322,965,000 | 348,880,000 | 346,981,000 | 260,526,000 | 255,847,000 | 322,770,000 | 332,962,000 | 305,071,000 | 330,909,000 | 341,855,000 | 321,717,000 | 309,070,000 | 355,867,000 | 336,694,000 | 285,828,000 | 322,689,000 | 299,297,000 | 332,072,000 | 304,825,000 | 259,260,000 | 260,657,000 | 286,416,000 | 299,490,000 | 281,263,000 | 249,975,000 | 315,123,000 | 277,171,000 | 243,322,000 | 239,288,000 | 267,316,000 | 258,510,000 | 205,487,000 | 303,427,000 | 283,611,000 | 190,887,000 | 214,504,000 |
long-term debt | 2,776,918,000 | 2,771,463,000 | 2,772,709,000 | 2,283,639,000 | 1,488,069,000 | 1,487,289,000 | 1,487,783,000 | 1,488,569,000 | 1,492,429,000 | 1,516,705,000 | 1,590,050,000 | 1,591,989,000 | 1,890,697,000 | 1,891,522,000 | 1,591,019,000 | 1,893,212,000 | 1,849,520,000 | 1,850,289,000 | 1,892,347,000 | 1,851,057,000 | 1,853,414,000 | 1,854,189,000 | 1,855,346,000 | 1,807,502,000 | 1,808,190,000 | 1,807,290,000 | 1,808,535,000 | 1,810,833,000 | 1,807,064,000 | 1,807,713,000 | 1,513,057,000 | 1,514,456,000 | 1,515,381,000 | 1,516,733,000 | 1,517,680,000 | 1,148,068,000 | 755,972,000 | 1,057,418,000 | 1,273,652,000 |
acquisition-related liabilities | 21,230,000 | 21,217,000 | 20,655,000 | 28,021,000 | 27,633,000 | 23,503,000 | 22,939,000 | 29,051,000 | 23,953,000 | 23,849,000 | 22,928,000 | 33,223,000 | 32,815,000 | 31,015,000 | 33,369,000 | 12,876,000 | 13,157,000 | 13,024,000 | 12,246,000 | 19,801,000 | 40,662,000 | 40,088,000 | 38,908,000 | 49,468,000 | 29,129,000 | 28,904,000 | 28,894,000 | 58,135,000 | 36,326,000 | 38,039,000 | 33,715,000 | 32,664,000 | 31,473,000 | 32,533,000 | 32,175,000 | 41,978,000 | 42,869,000 | 44,245,000 | 39,977,000 |
tax receivable agreement liability | 47,667,000 | 47,667,000 | 44,267,000 | 41,276,000 | 52,143,000 | 322,624,000 | 322,624,000 | 327,812,000 | 327,501,000 | 327,501,000 | 326,548,000 | 330,871,000 | 328,812,000 | 325,832,000 | 326,548,000 | 327,957,000 | 327,957,000 | 327,957,000 | 321,680,000 | 326,965,000 | 310,098,000 | 309,733,000 | 309,733,000 | 309,674,000 | 333,152,000 | 333,028,000 | 332,162,000 | 331,340,000 | 548,885,000 | ||||||||||
deferred tax liabilities | 206,168,000 | 189,138,000 | 205,669,000 | ||||||||||||||||||||||||||||||||||||
noncurrent operating lease liabilities | 75,287,000 | 77,326,000 | 78,618,000 | 33,230,000 | 34,838,000 | 33,563,000 | 34,315,000 | 35,737,000 | 29,945,000 | 30,186,000 | 28,017,000 | 21,596,000 | 22,316,000 | 22,246,000 | 28,880,000 | 21,327,000 | 22,978,000 | 23,280,000 | 21,500,000 | 25,381,000 | 25,329,000 | 26,614,000 | 27,200,000 | ||||||||||||||||
other noncurrent liabilities | 300,459,000 | 300,577,000 | 267,337,000 | 123,871,000 | 105,668,000 | 107,563,000 | 106,807,000 | 106,686,000 | 117,133,000 | 118,798,000 | 121,103,000 | 136,297,000 | 140,968,000 | 144,365,000 | 127,027,000 | 111,435,000 | 99,049,000 | 96,031,000 | 121,281,000 | 100,282,000 | 93,761,000 | 96,636,000 | 92,439,000 | 88,195,000 | 80,577,000 | 77,773,000 | 70,379,000 | 65,329,000 | 68,030,000 | 129,296,000 | 134,049,000 | 135,019,000 | 121,133,000 | 116,461,000 | 129,050,000 | 114,575,000 | 114,153,000 | 97,433,000 | 100,186,000 |
total liabilities | 3,980,560,000 | 3,981,248,000 | 3,911,263,000 | 2,833,002,000 | 2,057,231,000 | 2,321,523,000 | 2,234,994,000 | 2,243,702,000 | 2,313,731,000 | 2,350,001,000 | 2,396,748,000 | 2,444,885,000 | 2,757,463,000 | 2,736,697,000 | 2,415,913,000 | 2,722,674,000 | 2,649,355,000 | 2,596,409,000 | 2,691,743,000 | 2,622,783,000 | 2,655,336,000 | 2,632,085,000 | 2,582,886,000 | 2,515,496,000 | 2,537,464,000 | 2,546,485,000 | 2,521,233,000 | 2,515,612,000 | 2,775,428,000 | 2,252,219,000 | 1,924,143,000 | 1,921,427,000 | 1,935,303,000 | 1,924,237,000 | 1,884,392,000 | 1,608,048,000 | 1,196,605,000 | 1,389,983,000 | 1,628,319,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||
class a common stock, par value 0.01 per share... | 1,757,000 | 1,757,000 | 1,755,000 | 1,196,000 | 1,192,000 | 1,190,000 | 1,189,000 | 1,185,000 | 1,165,000 | 1,182,000 | 1,181,000 | 1,186,000 | 1,180,000 | 1,167,000 | 1,188,000 | 1,142,000 | 1,142,000 | 1,142,000 | 1,145,000 | 1,134,000 | 1,124,000 | 1,122,000 | 1,121,000 | 1,117,000 | 1,117,000 | 1,117,000 | 1,116,000 | 1,104,000 | 1,085,000 | 1,076,000 | 1,065,000 | 961,000 | 756,000 | 630,000 | 498,000 | 490,000 | 266,000 | 266,000 | 497,000 |
class b common stock, par value 0.01 per share... | 287,000 | 690,000 | 690,000 | 690,000 | 690,000 | 690,000 | 690,000 | ||||||||||||||||||||||||||||||||
preferred stock, par value 0.01 per share... | |||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 3,419,477,000 | 3,412,879,000 | 3,403,307,000 | 1,421,813,000 | 1,415,320,000 | 1,409,364,000 | 1,403,186,000 | 1,404,122,000 | 1,340,602,000 | 1,336,375,000 | 1,330,548,000 | 1,319,897,000 | 1,313,414,000 | 1,289,267,000 | 1,326,340,000 | 1,257,506,000 | 1,244,163,000 | 1,239,271,000 | 1,264,681,000 | 1,234,020,000 | 1,212,240,000 | 1,205,221,000 | 1,200,503,000 | 1,194,204,000 | 1,188,707,000 | 1,183,071,000 | 1,176,906,000 | 1,154,220,000 | 1,098,151,000 | 1,079,595,000 | 1,068,156,000 | 824,304,000 | 730,201,000 | 681,334,000 | 622,608,000 | 600,204,000 | 457,767,000 | 456,406,000 | 619,003,000 |
accumulated earnings | 1,021,138,000 | 915,960,000 | 809,885,000 | 876,751,000 | 873,773,000 | 643,728,000 | 560,091,000 | 590,895,000 | 620,320,000 | 587,283,000 | 397,170,000 | 435,118,000 | 360,914,000 | 304,255,000 | 478,956,000 | 291,620,000 | 200,890,000 | 143,826,000 | 326,772,000 | 188,805,000 | 153,134,000 | 97,377,000 | 60,967,000 | 129,739,000 | 148,902,000 | 77,613,000 | 42,104,000 | 95,833,000 | 95,636,000 | 16,584,000 | 19,028,000 | 46,259,000 | 1,439,000 | 4,355,000 | 10,870,000 | ||||
accumulated other comprehensive income | 4,254,000 | 2,148,000 | 3,690,000 | 7,275,000 | 3,296,000 | 6,326,000 | 3,245,000 | 3,084,000 | -3,470,000 | 4,193,000 | 8,389,000 | 5,670,000 | 8,866,000 | 6,838,000 | 7,083,000 | 975,000 | -497,000 | -2,645,000 | 5,203,000 | 3,448,000 | 4,938,000 | 5,791,000 | 4,265,000 | 2,681,000 | 6,134,000 | 4,645,000 | 4,823,000 | 7,386,000 | 6,688,000 | 2,273,000 | |||||||||
stockholders’ equity | 4,446,626,000 | 4,332,744,000 | 4,218,637,000 | 2,307,035,000 | 2,293,581,000 | 2,060,608,000 | 1,967,711,000 | 1,999,286,000 | 1,958,617,000 | 1,929,033,000 | 1,737,288,000 | 1,761,871,000 | 1,684,374,000 | 1,601,527,000 | 1,813,567,000 | 1,551,243,000 | 1,445,698,000 | 1,381,594,000 | 1,597,801,000 | 1,427,407,000 | 1,371,436,000 | 1,309,511,000 | 1,266,856,000 | 1,327,741,000 | 1,344,860,000 | 1,266,446,000 | 1,224,949,000 | 1,258,543,000 | 1,201,560,000 | 1,099,528,000 | 1,034,619,000 | 842,044,000 | 774,638,000 | 682,112,000 | 610,267,000 | ||||
noncontrolling interest in summit holdings | 9,545,000 | 14,152,000 | 13,356,000 | 12,235,000 | 12,704,000 | 12,607,000 | 11,769,000 | 9,209,000 | 9,893,000 | 10,548,000 | 13,033,000 | 9,645,000 | 18,253,000 | 16,165,000 | 14,265,000 | 18,467,000 | 17,366,000 | 15,342,000 | 13,260,000 | 11,619,000 | 14,404,000 | 14,010,000 | 11,325,000 | 10,398,000 | 13,178,000 | 14,453,000 | 12,129,000 | 11,821,000 | 16,617,000 | 69,678,000 | 94,819,000 | ||||||||
total stockholders’ equity | 4,446,626,000 | 4,332,744,000 | 4,218,637,000 | 2,316,580,000 | 2,307,733,000 | 2,073,964,000 | 1,979,946,000 | 2,011,990,000 | 1,971,224,000 | 1,940,802,000 | 1,746,497,000 | 1,771,764,000 | 1,694,922,000 | 1,614,560,000 | 1,823,212,000 | 1,569,496,000 | 1,461,863,000 | 1,395,859,000 | 1,616,268,000 | 1,444,773,000 | 1,386,778,000 | 1,322,771,000 | 1,278,475,000 | 1,342,145,000 | 1,358,870,000 | 1,277,771,000 | 1,235,347,000 | 1,271,721,000 | 1,217,364,000 | 1,112,949,000 | 1,047,720,000 | 860,039,000 | 845,735,000 | 778,258,000 | 729,656,000 | ||||
total liabilities and stockholders’ equity | 8,427,186,000 | 8,313,992,000 | 8,129,900,000 | 5,149,582,000 | 4,364,964,000 | 4,395,487,000 | 4,214,940,000 | 4,255,692,000 | 4,284,955,000 | 4,290,803,000 | 4,143,245,000 | 4,216,649,000 | 4,452,385,000 | 4,351,257,000 | 4,239,125,000 | 4,292,170,000 | 4,111,218,000 | 3,992,268,000 | 4,308,011,000 | 4,067,556,000 | 4,042,114,000 | 3,954,856,000 | 3,861,361,000 | 3,857,641,000 | 3,896,334,000 | 3,824,256,000 | 3,756,580,000 | 3,787,333,000 | 3,992,792,000 | 3,365,168,000 | 2,971,863,000 | 2,781,466,000 | 2,781,038,000 | 2,702,495,000 | 2,614,048,000 | ||||
intangible assets | 68,081,000 | 71,384,000 | 69,396,000 | 47,852,000 | 23,498,000 | 18,460,000 | 16,833,000 | 17,989,000 | 15,005,000 | ||||||||||||||||||||||||||||||
deferred tax assets | 52,009,000 | 136,986,000 | 204,566,000 | 231,877,000 | 212,333,000 | 225,397,000 | 284,092,000 | ||||||||||||||||||||||||||||||||
noncurrent assets held for sale | 102,182,000 | ||||||||||||||||||||||||||||||||||||||
current liabilities held for sale | 13,110,000 | ||||||||||||||||||||||||||||||||||||||
noncurrent liabilities held for sale | 3,031,000 | ||||||||||||||||||||||||||||||||||||||
noncontrolling interest in consolidated subsidiaries | 1,351,000 | 1,292,000 | 1,280,000 | 1,378,000 | 1,419,000 | 1,327,000 | 1,283,000 | 1,271,000 | 1,219,000 | 1,206,000 | 1,362,000 | ||||||||||||||||||||||||||||
accumulated (deficit) earnings | -33,416,000 | -11,932,000 | |||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -1,186,000 | -2,249,000 | -2,865,000 | -1,981,000 | -1,597,000 | -2,607,000 | 14,000 | -1,050,000 | -2,795,000 | ||||||||||||||||||||||||||||||
noncontrolling interest in summit materials, inc. | 118,106,000 | 117,790,000 | 169,287,000 | 138,233,000 | |||||||||||||||||||||||||||||||||||
liabilities, redeemable noncontrolling interest and stockholders’ equity/partners’ interest | |||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interest | |||||||||||||||||||||||||||||||||||||||
stockholders’ equity/partners’ interest: | 603,132,000 | 448,381,000 | 446,161,000 | 628,265,000 | |||||||||||||||||||||||||||||||||||
partners’ interest | |||||||||||||||||||||||||||||||||||||||
total stockholders’ equity/partners’ interest | 722,193,000 | 618,887,000 | 628,271,000 | 767,860,000 | |||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interest and stockholders’ equity/partners’ interest | 2,330,241,000 | 1,815,492,000 | 2,018,254,000 | 2,396,179,000 | |||||||||||||||||||||||||||||||||||
cash | 12,570,000 | 314,980,000 | |||||||||||||||||||||||||||||||||||||
accumulated deficit | -10,356,000 | -10,151,000 | |||||||||||||||||||||||||||||||||||||
noncontrolling interest in summit inc. | 180,904,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-01 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-12-29 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-10-01 | 2016-07-02 | 2016-04-02 | 2015-09-26 | 2015-06-27 | 2015-03-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||
net income | 105,178,000 | 106,075,000 | -67,270,000 | 3,385,000 | 232,725,000 | 84,728,000 | -31,212,000 | 30,326,000 | 87,651,000 | 192,766,000 | -34,800,000 | 75,378,000 | 57,758,000 | -23,245,000 | 49,351,000 | 92,769,000 | 58,887,000 | -46,726,000 | 36,397,000 | 58,237,000 | 37,990,000 | -71,501,000 | -18,627,000 | 73,992,000 | 36,913,000 | -55,948,000 | 46,722,000 | 82,075,000 | 52,088,000 | -55,108,000 | 6,049,000 | 61,106,000 | 21,505,000 | -42,534,000 | 33,872,000 | 33,000 | -79,837,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
depreciation, depletion, amortization and accretion | 103,548,000 | 100,314,000 | 106,354,000 | 57,856,000 | 58,099,000 | 56,732,000 | 53,927,000 | 52,339,000 | 52,651,000 | 52,673,000 | 54,838,000 | 59,411,000 | 59,323,000 | 59,107,000 | 70,881,000 | 53,119,000 | 56,000,000 | 55,278,000 | 55,865,000 | 56,015,000 | 53,943,000 | 57,039,000 | 55,943,000 | 54,267,000 | 53,003,000 | 45,559,000 | 52,473,000 | 49,853,000 | 47,438,000 | 43,343,000 | 42,607,000 | 41,774,000 | 39,435,000 | 36,817,000 | 33,658,000 | 29,773,000 | 27,358,000 |
share-based compensation expense | 6,729,000 | 7,413,000 | 6,720,000 | 5,210,000 | 5,192,000 | 5,216,000 | 4,708,000 | 3,289,000 | 4,902,000 | 4,734,000 | 5,422,000 | 4,685,000 | 4,827,000 | 5,363,000 | -3,414,000 | 13,322,000 | 4,892,000 | 4,905,000 | 4,979,000 | 4,819,000 | 4,699,000 | 5,906,000 | 5,545,000 | 5,643,000 | 5,683,000 | 8,507,000 | 6,992,000 | 4,724,000 | 4,676,000 | 4,748,000 | 3,817,000 | 16,306,000 | 27,781,000 | 2,036,000 | 1,569,000 | 1,803,000 | 15,217,000 |
net gain on asset and business disposals | 3,527,000 | -6,939,000 | -15,834,000 | -17,469,000 | -2,135,000 | -2,787,000 | -868,000 | -2,023,000 | -5,338,000 | -159,242,000 | -15,660,000 | -905,000 | -2,426,000 | -15,964,000 | |||||||||||||||||||||||
non-cash loss on debt financings | 6,986,000 | 0 | 5,453,000 | 0 | 0 | 0 | 161,000 | -1,948,000 | 0 | 0 | 0 | 2,850,000 | 3,771,000 | 0 | 0 | 85,000 | |||||||||||||||||||||
change in deferred tax asset | 28,079,000 | 22,030,000 | -19,054,000 | 55,602,000 | 14,190,000 | 16,872,000 | -7,522,000 | 11,250,000 | 14,158,000 | 51,930,000 | -7,770,000 | 17,071,000 | 12,888,000 | -10,145,000 | 53,653,000 | -20,793,000 | 16,019,000 | -24,194,000 | -16,724,000 | 45,286,000 | 15,478,000 | -28,028,000 | 44,913,000 | 19,511,000 | 10,439,000 | -17,373,000 | |||||||||||
other | 638,000 | 415,000 | 748,000 | -377,000 | -84,000 | -47,000 | 26,000 | -1,051,000 | -39,000 | -136,000 | -221,000 | -678,000 | -391,000 | 483,000 | -3,009,000 | -484,000 | -367,000 | 1,611,000 | -526,000 | -1,489,000 | -167,000 | 47,000 | 1,145,000 | 711,000 | -1,417,000 | 1,579,000 | -1,504,000 | -1,565,000 | -73,000 | 783,000 | -311,000 | -1,100,000 | -1,000 | 130,000 | -1,049,000 | 405,000 | 780,000 |
decrease (increase) in operating assets, net of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||||
accounts receivable | -24,574,000 | -93,452,000 | -11,127,000 | 81,125,000 | -6,230,000 | -121,533,000 | 20,414,000 | 107,473,000 | -38,927,000 | -93,633,000 | 35,836,000 | -17,279,000 | -65,775,000 | 4,946,000 | 17,069,000 | -19,392,000 | -48,908,000 | 19,939,000 | 84,147,000 | -41,876,000 | -99,438,000 | 20,118,000 | 84,685,000 | -32,718,000 | -85,742,000 | 27,979,000 | 95,241,000 | -30,422,000 | -82,386,000 | 13,847,000 | 83,745,000 | -25,745,000 | -77,770,000 | 22,281,000 | -34,752,000 | -51,844,000 | 30,309,000 |
inventories | 1,130,000 | -6,250,000 | -5,302,000 | -2,416,000 | 3,180,000 | -6,155,000 | -20,960,000 | -9,485,000 | 4,330,000 | -21,340,000 | -36,752,000 | 2,604,000 | 806,000 | -15,412,000 | 6,644,000 | 24,562,000 | -412,000 | -26,979,000 | -7,714,000 | 11,088,000 | 5,913,000 | -705,000 | 14,429,000 | 18,401,000 | -9,180,000 | -35,248,000 | -5,774,000 | 6,437,000 | 5,405,000 | -24,677,000 | 6,775,000 | 10,876,000 | -2,336,000 | -25,612,000 | 12,725,000 | 4,858,000 | -21,413,000 |
costs and estimated earnings in excess of billings | -1,290,000 | -22,277,000 | -1,799,000 | 30,717,000 | -5,703,000 | -20,892,000 | -7,868,000 | 27,082,000 | 4,123,000 | -29,716,000 | -6,449,000 | -5,494,000 | -13,033,000 | -8,442,000 | 30,518,000 | -355,000 | -32,267,000 | 1,710,000 | 36,643,000 | -4,370,000 | -28,256,000 | 1,541,000 | 28,941,000 | -3,118,000 | -31,847,000 | -2,678,000 | 29,781,000 | -10,035,000 | -14,091,000 | -7,480,000 | 31,665,000 | -9,807,000 | -22,561,000 | -1,981,000 | -8,897,000 | -12,843,000 | -1,662,000 |
other current assets | 4,485,000 | 4,482,000 | -1,973,000 | 9,062,000 | 5,508,000 | 2,678,000 | -3,748,000 | -407,000 | -4,831,000 | -239,000 | -1,891,000 | 1,369,000 | 5,284,000 | -9,209,000 | -2,408,000 | -729,000 | 3,173,000 | -2,519,000 | -170,000 | 2,050,000 | 7,032,000 | -3,447,000 | -340,000 | -5,053,000 | 1,436,000 | -3,202,000 | 2,660,000 | 2,491,000 | 2,058,000 | 1,494,000 | -2,642,000 | -230,000 | 6,937,000 | -9,583,000 | -1,622,000 | -2,476,000 | -303,000 |
other assets | 2,473,000 | -917,000 | 4,839,000 | -35,555,000 | 476,000 | -507,000 | 2,239,000 | -10,378,000 | 4,025,000 | -1,776,000 | 1,183,000 | 1,532,000 | 2,423,000 | 2,504,000 | -619,000 | 1,947,000 | 877,000 | 5,543,000 | 93,000 | 618,000 | 1,798,000 | 2,576,000 | 1,111,000 | -1,997,000 | 33,000 | 747,000 | 38,000 | -1,576,000 | -839,000 | -726,000 | 2,193,000 | 150,000 | -718,000 | 351,000 | -577,000 | -702,000 | 755,000 |
increase in operating liabilities, net of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||||
accounts payable | 17,299,000 | -13,477,000 | 21,177,000 | -43,200,000 | -3,633,000 | 31,170,000 | 20,987,000 | -53,728,000 | 4,908,000 | 22,858,000 | 16,744,000 | 6,898,000 | 12,340,000 | 14,518,000 | -17,136,000 | 6,319,000 | 18,122,000 | -2,712,000 | -33,520,000 | 22,525,000 | 35,329,000 | -5,431,000 | -38,381,000 | 1,066,000 | 31,654,000 | -7,742,000 | -32,165,000 | 9,807,000 | 24,381,000 | 4,169,000 | -29,563,000 | 14,130,000 | 10,300,000 | -618,000 | 26,278,000 | 13,150,000 | -10,045,000 |
accrued expenses | -22,262,000 | 56,258,000 | -60,842,000 | 23,293,000 | -14,000 | 47,016,000 | -27,968,000 | -3,420,000 | -10,672,000 | 14,838,000 | -25,946,000 | -11,102,000 | 19,634,000 | -24,130,000 | -10,194,000 | -1,517,000 | 25,457,000 | -20,776,000 | -807,000 | -948,000 | 16,358,000 | -6,963,000 | -14,347,000 | -3,871,000 | 10,334,000 | -8,660,000 | -10,860,000 | 10,643,000 | 13,875,000 | -20,664,000 | 4,248,000 | -1,395,000 | 28,233,000 | -17,890,000 | -1,251,000 | 9,648,000 | -20,669,000 |
billings in excess of costs and estimated earnings | 7,685,000 | 1,636,000 | -1,780,000 | -335,000 | 1,513,000 | 2,806,000 | -1,507,000 | -1,414,000 | 1,383,000 | -1,054,000 | 317,000 | -876,000 | 547,000 | -2,578,000 | -7,533,000 | 1,648,000 | -1,498,000 | 245,000 | 1,370,000 | 1,756,000 | 57,000 | -1,195,000 | -1,202,000 | -1,663,000 | -399,000 | -1,788,000 | -2,277,000 | 1,134,000 | 3,955,000 | -2,703,000 | -1,438,000 | 5,661,000 | -971,000 | -2,552,000 | 112,000 | -226,000 | -649,000 |
tax receivable agreement (benefit) expense | 0 | 0 | 6,227,000 | ||||||||||||||||||||||||||||||||||
other liabilities | -6,835,000 | -3,662,000 | -6,782,000 | 29,425,000 | -953,000 | -1,590,000 | 57,000 | 829,000 | -2,387,000 | -650,000 | -1,564,000 | -4,067,000 | -1,216,000 | -3,266,000 | -22,027,000 | 3,473,000 | 2,855,000 | -3,316,000 | -1,295,000 | -2,088,000 | -1,910,000 | -1,807,000 | 1,306,000 | -1,267,000 | -696,000 | 156,000 | -1,092,000 | -6,553,000 | -140,000 | 1,369,000 | 10,048,000 | 378,000 | -2,319,000 | -1,103,000 | 261,000 | -911,000 | -203,000 |
net cash from operating activities | 232,796,000 | 151,649,000 | -40,245,000 | 195,236,000 | 149,582,000 | 93,707,000 | 335,000 | 151,907,000 | 115,937,000 | 32,967,000 | -16,713,000 | 132,722,000 | 95,969,000 | -21,318,000 | 143,890,000 | 156,338,000 | 100,632,000 | -38,931,000 | 173,341,000 | 147,895,000 | 46,624,000 | -30,676,000 | 138,811,000 | 104,275,000 | 17,649,000 | -51,367,000 | 159,750,000 | 121,284,000 | 56,688,000 | -45,539,000 | 160,340,000 | 111,023,000 | 15,458,000 | -41,958,000 | 61,157,000 | -18,576,000 | -61,508,000 |
capital expenditures | -99,177,000 | -117,441,000 | -58,519,000 | -73,437,000 | -55,289,000 | -63,309,000 | -63,584,000 | -77,725,000 | -59,428,000 | -71,806,000 | -57,774,000 | -37,347,000 | -62,966,000 | -69,757,000 | -71,976,000 | -34,282,000 | -43,895,000 | -61,829,000 | -37,733,000 | -34,193,000 | -43,381,000 | -62,188,000 | -36,933,000 | -52,095,000 | -82,152,000 | -49,505,000 | -46,668,000 | -38,390,000 | -58,032,000 | -51,056,000 | -31,538,000 | -30,276,000 | -52,544,000 | -39,125,000 | -26,293,000 | -25,671,000 | -17,708,000 |
free cash flows | 133,619,000 | 34,208,000 | -98,764,000 | 121,799,000 | 94,293,000 | 30,398,000 | -63,249,000 | 74,182,000 | 56,509,000 | -38,839,000 | -74,487,000 | 95,375,000 | 33,003,000 | -91,075,000 | 71,914,000 | 122,056,000 | 56,737,000 | -100,760,000 | 135,608,000 | 113,702,000 | 3,243,000 | -92,864,000 | 101,878,000 | 52,180,000 | -64,503,000 | -100,872,000 | 113,082,000 | 82,894,000 | -1,344,000 | -96,595,000 | 128,802,000 | 80,747,000 | -37,086,000 | -81,083,000 | 34,864,000 | -44,247,000 | -79,216,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | 48,280,000 | -12,348,000 | -1,100,919,000 | 0 | -1,842,000 | -182,189,000 | -55,477,000 | -20,797,000 | 0 | 8,000 | 103,682,000 | -2,550,000 | 0 | 0 | -2,842,000 | -35,123,000 | -57,698,000 | -39,203,000 | -113,993,000 | -3,451,000 | -158,355,000 | -100,791,000 | -112,333,000 | -5,495,000 | -34,799,000 | -47,553,000 | -249,111,000 | -489,603,000 | |||||||||
purchases of property, plant and equipment | -99,177,000 | -117,441,000 | -58,519,000 | -73,437,000 | -55,289,000 | -63,309,000 | -63,584,000 | -77,725,000 | -59,428,000 | -71,806,000 | -57,774,000 | -37,347,000 | -62,966,000 | -69,757,000 | -71,976,000 | -34,282,000 | -43,895,000 | -61,829,000 | -37,733,000 | -34,193,000 | -43,381,000 | -62,188,000 | -36,933,000 | -52,095,000 | -82,152,000 | -49,505,000 | -46,668,000 | -38,390,000 | -58,032,000 | -51,056,000 | -31,538,000 | -30,276,000 | -52,544,000 | -39,125,000 | -26,293,000 | -25,671,000 | -17,708,000 |
purchase of intellectual property | 0 | 0 | -21,400,000 | ||||||||||||||||||||||||||||||||||
proceeds from the sale of property, plant and equipment | 6,824,000 | 11,553,000 | 2,664,000 | 4,664,000 | 4,000,000 | 3,983,000 | 1,777,000 | 7,076,000 | 2,871,000 | 3,988,000 | 1,439,000 | 2,021,000 | 4,143,000 | 2,663,000 | 2,826,000 | 2,241,000 | 3,447,000 | 3,160,000 | 8,138,000 | 5,030,000 | 5,208,000 | 2,797,000 | 3,209,000 | 4,316,000 | 6,322,000 | 7,788,000 | 3,782,000 | 4,879,000 | 4,086,000 | 4,325,000 | 646,000 | 6,780,000 | 3,423,000 | 6,019,000 | 2,844,000 | 3,298,000 | 2,741,000 |
proceeds from sale of businesses | 12,837,000 | 10,038,000 | 75,993,000 | -717,000 | 32,049,000 | 293,920,000 | 47,821,000 | 0 | |||||||||||||||||||||||||||||
net cash from investing activities | -32,125,000 | -109,028,000 | -1,103,421,000 | -4,732,000 | -54,881,000 | -242,322,000 | -118,329,000 | -93,111,000 | -25,624,000 | 223,928,000 | -9,371,000 | -35,750,000 | 4,934,000 | -34,500,000 | 161,710,000 | -155,470,000 | -40,620,000 | -56,868,000 | -33,033,000 | -28,931,000 | -38,434,000 | -62,411,000 | -67,703,000 | -81,937,000 | -115,849,000 | -154,210,000 | -46,990,000 | -191,821,000 | -155,574,000 | -158,090,000 | -34,966,000 | -58,295,000 | -95,174,000 | -282,217,000 | -513,052,000 | -37,350,000 | -15,243,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||
proceeds from debt issuances | 0 | 0 | 1,007,475,000 | 0 | 0 | 0 | 300,000,000 | 0 | 0 | 0 | 0 | 33,000,000 | 71,000,000 | 250,000,000 | 1,173,750,000 | 138,000,000 | 104,000,000 | ||||||||||||||||||||
debt issuance costs | -202,000 | -181,000 | -17,550,000 | -4,033,000 | 0 | 0 | -1,566,000 | 0 | -66,000 | -472,000 | -5,774,000 | 0 | 0 | -1,099,000 | -9,000 | -4,609,000 | -699,000 | -126,000 | -565,000 | -109,000 | -5,001,000 | -5,781,000 | -1,075,000 | -4,055,000 | |||||||||||||
payments on debt | -1,416,000 | -3,373,000 | -506,392,000 | -1,860,000 | -1,800,000 | -2,306,000 | -4,414,000 | -8,767,000 | -26,948,000 | -79,218,000 | -7,603,000 | -306,369,000 | -7,263,000 | -10,170,000 | 337,882,000 | -655,504,000 | -5,895,000 | -5,493,000 | -5,323,000 | -3,881,000 | -4,692,000 | -256,333,000 | -6,015,000 | -68,255,000 | -6,800,000 | -3,972,000 | -3,551,000 | -3,599,000 | -5,722,000 | -3,566,000 | -6,448,000 | -50,578,000 | -60,218,000 | -3,458,000 | -781,779,000 | -363,187,000 | -106,441,000 |
purchase of tax receivable agreement interests | -9,514,000 | ||||||||||||||||||||||||||||||||||||
payments on acquisition-related liabilities | -649,000 | -165,000 | -6,124,000 | -164,000 | -664,000 | -165,000 | -11,374,000 | -464,000 | -1,387,000 | -180,000 | -11,397,000 | -1,377,000 | -282,000 | -8,096,000 | 31,000 | -688,000 | -188,000 | -9,515,000 | -22,883,000 | -1,842,000 | -225,000 | -8,933,000 | -1,183,000 | -4,097,000 | -22,262,000 | -8,962,000 | -12,034,000 | -5,412,000 | -790,000 | -16,414,000 | -3,120,000 | -3,258,000 | -13,689,000 | -11,973,000 | -3,048,000 | -7,938,000 | -4,032,000 |
distributions from partnership | -409,000 | -279,000 | -374,000 | 0 | 0 | -1,865,000 | -30,000 | 0 | -79,000 | -3,985,000 | -8,676,000 | -14,606,000 | |||||||||||||||||||||||||
proceeds from stock option exercises | 21,000 | 987,000 | 593,000 | 135,000 | 28,000 | 69,000 | 15,000 | 14,000 | 76,000 | 96,000 | 27,000 | 650,000 | 15,846,000 | 15,920,000 | 32,122,000 | 19,000 | 0 | 310,000 | 16,517,000 | 1,775,000 | 18,000 | 766,000 | 0 | 0 | 140,000 | 15,475,000 | 0 | ||||||||||
net cash from financing activities | -2,396,000 | -1,560,000 | 468,742,000 | 784,967,000 | -126,604,000 | -1,521,000 | -23,058,000 | -10,306,000 | -82,691,000 | -78,334,000 | -67,662,000 | -307,630,000 | 8,300,000 | -2,762,000 | -320,500,000 | 34,261,000 | -6,082,000 | -15,606,000 | -11,690,000 | -4,013,000 | -5,372,000 | 29,225,000 | -7,228,000 | -7,861,000 | -29,616,000 | 712,000 | -16,253,000 | 4,010,000 | 295,754,000 | 216,244,000 | -13,364,000 | -30,085,000 | -3,412,000 | 229,568,000 | 458,312,000 | -246,484,000 | 378,516,000 |
impact of foreign currency on cash | 558,000 | -463,000 | -1,128,000 | 1,216,000 | -632,000 | 689,000 | 58,000 | 295,000 | -1,271,000 | -638,000 | 177,000 | -356,000 | 153,000 | 140,000 | 242,000 | 221,000 | 363,000 | -800,000 | 112,000 | -20,000 | 3,000 | 191,000 | -302,000 | 49,000 | -73,000 | -398,000 | -33,000 | 546,000 | 88,000 | 100,000 | -261,000 | -168,000 | 52,000 | 446,000 | |||
net decrease in cash and cash equivalents and restricted cash | 198,833,000 | 40,598,000 | -676,052,000 | ||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash—beginning of period | 0 | 0 | 1,174,162,000 | ||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash—end of period | 198,833,000 | 40,598,000 | 498,110,000 | ||||||||||||||||||||||||||||||||||
repurchases of common stock | 0 | -53,471,000 | 0 | -47,509,000 | |||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||
tax receivable agreement benefit | |||||||||||||||||||||||||||||||||||||
net increase in cash | -32,535,000 | 48,785,000 | 6,351,000 | -14,658,000 | 128,730,000 | -63,671,000 | 63,578,000 | 14,526,000 | -127,889,000 | -205,263,000 | 96,474,000 | -65,981,000 | 196,956,000 | 12,715,000 | 111,749,000 | -94,161,000 | 6,417,000 | -302,410,000 | 301,765,000 | ||||||||||||||||||
cash and cash equivalents—beginning of period | 0 | 0 | 520,451,000 | 0 | 0 | 0 | 380,961,000 | 0 | 0 | 418,181,000 | 106,862,000 | 0 | 0 | 311,319,000 | 0 | 0 | 0 | 128,508,000 | 0 | 0 | 0 | 383,556,000 | 0 | 0 | 0 | 143,392,000 | 0 | 0 | 0 | 186,405,000 | |||||||
cash and cash equivalents—end of period | -32,535,000 | -149,447,000 | 379,457,000 | 48,785,000 | 6,351,000 | 177,923,000 | 287,392,000 | -211,014,000 | 109,356,000 | 359,741,000 | 92,204,000 | 35,350,000 | 54,293,000 | 199,114,000 | 128,730,000 | 114,931,000 | 2,821,000 | 64,837,000 | 63,578,000 | 14,526,000 | -127,889,000 | 178,293,000 | 96,474,000 | -65,981,000 | 196,956,000 | 156,107,000 | 111,749,000 | 22,475,000 | -83,076,000 | 92,244,000 | |||||||
tax receivable agreement liability | 0 | -531,000 | 310,000 | 0 | 2,059,000 | 2,980,000 | 4,152,000 | 3,875,000 | 0 | 0 | 993,000 | 16,867,000 | 365,000 | 0 | 59,000 | -23,478,000 | 124,000 | 866,000 | 822,000 | -217,546,000 | |||||||||||||||||
net decrease in cash | -140,994,000 | -93,569,000 | -58,440,000 | 54,293,000 | -112,205,000 | ||||||||||||||||||||||||||||||||
cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||
cash flow from investing activities: | |||||||||||||||||||||||||||||||||||||
cash flow from financing activities: | |||||||||||||||||||||||||||||||||||||
proceeds from sale of business | 33,077,000 | 0 | |||||||||||||||||||||||||||||||||||
net gain on asset disposals | -1,615,000 | -2,198,000 | -1,933,000 | -2,264,000 | -4,093,000 | -2,202,000 | -1,735,000 | -2,832,000 | -19,753,000 | -3,431,000 | -4,077,000 | -1,575,000 | -2,011,000 | -2,387,000 | -1,665,000 | -2,127,000 | -2,034,000 | -1,683,000 | -1,503,000 | -1,653,000 | -1,834,000 | ||||||||||||||||
increase in operating assets, net of acquisitions and dispositions: | |||||||||||||||||||||||||||||||||||||
proceeds from equity offerings | 0 | 0 | 0 | 237,600,000 | |||||||||||||||||||||||||||||||||
capital issuance costs | 0 | 0 | 11,000 | -638,000 | 0 | 0 | -24,820,000 | -442,000 | -35,956,000 | ||||||||||||||||||||||||||||
purchase of noncontrolling interests | |||||||||||||||||||||||||||||||||||||
balance — december 31, 2016 | |||||||||||||||||||||||||||||||||||||
issuance of class a shares | |||||||||||||||||||||||||||||||||||||
lp unit exchanges | |||||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax | |||||||||||||||||||||||||||||||||||||
stock option exercises | |||||||||||||||||||||||||||||||||||||
share-based compensation | |||||||||||||||||||||||||||||||||||||
dividend | |||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interest | |||||||||||||||||||||||||||||||||||||
shares redeemed to settle taxes and other | |||||||||||||||||||||||||||||||||||||
balance — december 30, 2017 | |||||||||||||||||||||||||||||||||||||
balance — december 29, 2018 | |||||||||||||||||||||||||||||||||||||
balance — december 28, 2019 | |||||||||||||||||||||||||||||||||||||
increase in operating assets, net of acquisitions: | |||||||||||||||||||||||||||||||||||||
increase in operating liabilities, net of acquisitions: | |||||||||||||||||||||||||||||||||||||
decrease (increase) in operating assets, net of acquisitions: | |||||||||||||||||||||||||||||||||||||
deferred income tax benefit | 4,394,000 | 2,728,000 | -2,354,000 | 405,000 | -17,000 | ||||||||||||||||||||||||||||||||
deferred tax assets | |||||||||||||||||||||||||||||||||||||
net (gain) loss on asset disposals | |||||||||||||||||||||||||||||||||||||
net gain on debt financings | 2,356,000 | ||||||||||||||||||||||||||||||||||||
capital contributions by partners | |||||||||||||||||||||||||||||||||||||
shares redeemed to settle employee taxes | |||||||||||||||||||||||||||||||||||||
deferred income tax (benefit) expense | |||||||||||||||||||||||||||||||||||||
cash – beginning of period | 0 | 0 | 13,215,000 | ||||||||||||||||||||||||||||||||||
cash – end of period | 6,417,000 | -302,410,000 | 314,980,000 | ||||||||||||||||||||||||||||||||||
balance — december 27, 2014 | 0 | 0 | 33,740,000 | ||||||||||||||||||||||||||||||||||
accretion/ redemption value adjustment | 0 | 0 | 32,252,000 | ||||||||||||||||||||||||||||||||||
other comprehensive income | 245,000 | ||||||||||||||||||||||||||||||||||||
balance - march 11, 2015 | 0 | ||||||||||||||||||||||||||||||||||||
recording of noncontrolling interest upon reorganization | |||||||||||||||||||||||||||||||||||||
issuance of class b shares | |||||||||||||||||||||||||||||||||||||
share repurchase | |||||||||||||||||||||||||||||||||||||
balance — september 26, 2015 | |||||||||||||||||||||||||||||||||||||
balance — december 28, 2013 | 0 | 0 | 24,767,000 | ||||||||||||||||||||||||||||||||||
contributed capital | |||||||||||||||||||||||||||||||||||||
repurchase of member’s interest | |||||||||||||||||||||||||||||||||||||
balance —september 27, 2014 | |||||||||||||||||||||||||||||||||||||
deferred income tax expense | |||||||||||||||||||||||||||||||||||||
proceeds from initial public offering | 0 | 460,000,000 | |||||||||||||||||||||||||||||||||||
purchase of noncontrolling interest in consolidated subsidiary | 0 | -35,000,000 | |||||||||||||||||||||||||||||||||||
purchase of redeemable noncontrolling interest | 0 | -64,102,000 | |||||||||||||||||||||||||||||||||||
balance — june 27, 2015 | |||||||||||||||||||||||||||||||||||||
balance — june 28, 2014 | |||||||||||||||||||||||||||||||||||||
loss on debt financings | 688,000 | ||||||||||||||||||||||||||||||||||||
other comprehensive loss | |||||||||||||||||||||||||||||||||||||
balance — march 11, 2015 | 64,102,000 | ||||||||||||||||||||||||||||||||||||
balance — march 28, 2015 | |||||||||||||||||||||||||||||||||||||
balance — march 29, 2014 | 25,137,000 | ||||||||||||||||||||||||||||||||||||
goodwill impairment | |||||||||||||||||||||||||||||||||||||
net (gain) loss on debt financings | |||||||||||||||||||||||||||||||||||||
impact of cash on foreign currency |
