v3.25.2

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2025	Sep. 30, 2024
Current assets:
Cash and cash equivalents	$ 79.1	$ 140.4
Accounts receivable, net	396.2	415.2
Unbilled revenue	108.9	137.8
Other current assets	81.1	86.7
Total current assets	665.3	780.1
Property and equipment, net	493.1	391.9
Intangible assets, net	73.5	95.8
Goodwill	2,015.7	2,015.7
Operating lease assets	74.6	81.3
Other assets	35.0	27.0
Total assets	3,357.2	3,391.8
Current liabilities:
Accounts payable	120.4	144.1
Deferred revenue	99.7	83.8
Current portion of self-insurance reserves	57.2	52.8
Accrued expenses and other current liabilities	207.2	237.7
Current portion of operating lease liabilities	24.8	24.9
Total current liabilities	509.3	543.3
Long-term debt, net	790.7	802.5
Deferred tax liabilities	47.2	43.9
Self-insurance reserves	124.7	112.8
Long-term operating lease liabilities	55.8	62.6
Other liabilities	42.8	44.3
Total liabilities	1,570.5	1,609.4
Stockholders’ equity:
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued or outstanding as of June 30, 2025 and September 30, 2024	0.0	0.0
Common stock, $0.01 par value; 500,000,000 shares authorized; 109,500,000 and 108,200,000 shares issued and 95,000,000 and 94,800,000 shares outstanding as of June 30, 2025 and September 30, 2024, respectively	1.1	1.1
Treasury stock, at cost; 14,500,000 and 13,400,000 shares as of June 30, 2025 and September 30, 2024, respectively	(188.1)	(173.5)
Additional paid-in capital	1,507.8	1,518.1
Accumulated deficit	(40.6)	(68.9)
Accumulated other comprehensive (loss)	(0.6)	(1.5)
Total stockholders’ equity	1,279.6	1,275.3
Total liabilities, mezzanine equity and stockholders' equity	3,357.2	3,391.8
Maintenance Services Segment [Member]
Current assets:
Goodwill	1,797.7	1,797.7
Development Services Segment [Member]
Current assets:
Goodwill	218.0	218.0
Series A Convertible Preferred Stock
Mezzanine equity:
Convertible preferred shares	$ 507.1	$ 507.1

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

BrightView Holdings, Inc. 10-Q