v3.25.3

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 28, 2025	Dec. 29, 2024
Current assets:
Cash and cash equivalents	$ 106.9	$ 107.1
Accounts receivable, net of allowance for doubtful accounts of $27.4 and $26.9, respectively	606.0	547.1
Inventory, net	962.6	827.2
Income tax receivable	5.0	12.3
Prepaid expenses and other current assets	89.9	55.9
Total current assets	1,770.4	1,549.6
Property and equipment, net (Note 5)	300.6	292.1
Operating lease right-of-use assets, net (Note 7)	410.3	415.3
Goodwill (Note 6)	522.2	518.1
Intangible assets, net (Note 6)	227.0	261.0
Deferred tax assets	18.4	18.5
Other assets	18.5	16.2
Total assets	3,267.4	3,070.8
Current liabilities:
Accounts payable	341.7	315.5
Current portion of finance leases (Note 7)	34.2	29.7
Current portion of operating leases (Note 7)	90.3	90.2
Accrued compensation	87.8	70.9
Long-term debt, current portion (Note 9)	3.9	4.3
Accrued liabilities	153.5	130.2
Total current liabilities	711.4	640.8
Other long-term liabilities	4.3	11.0
Finance leases, less current portion (Note 7)	106.8	100.9
Operating leases, less current portion (Note 7)	335.9	342.3
Long-term debt, less current portion (Note 9)	384.5	383.9
Total liabilities	1,542.9	1,478.9
Commitments and contingencies (Note 11)
Redeemable non-controlling interest	22.8	19.4
Stockholders' equity:
Common stock, par value $0.01; 1,000,000,000 shares authorized; 45,879,547 and 45,601,760 shares issued, and 44,696,474 and 44,913,296 shares outstanding at September 28, 2025 and December 29, 2024, respectively	0.5	0.5
Additional paid-in capital	652.7	626.5
Retained earnings	1,200.7	1,039.9
Accumulated other comprehensive loss	(5.9)	(6.1)
Treasury stock, at cost, 1,183,073 and 688,464 shares at September 28, 2025 and December 29, 2024, respectively	(146.3)	(88.3)
Total stockholders' equity	1,701.7	1,572.5
Total liabilities, redeemable non-controlling interest, and stockholders' equity	$ 3,267.4	$ 3,070.8

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).

SiteOne Landscape Supply, Inc. 10-Q