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Consolidated Balance Sheets - Summit Materials Inc - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 379,457 $ 520,451
Accounts receivable, net 236,569 256,669
Costs and estimated earnings in excess of billings 14,387 6,510
Inventories 234,564 212,491
Other current assets 24,608 20,787
Current assets held for sale 1,305 1,468
Total current assets 890,890 1,018,376
Property, plant and equipment, less accumulated depreciation, depletion and amortization (April 1, 2023 - $1,311,037 and December 31, 2022 - $1,267,557) 1,867,412 1,813,702
Goodwill 1,159,525 1,132,546
Intangible assets, less accumulated amortization (April 1, 2023 - $16,428 and December 31, 2022 - $15,503) 70,485 71,384
Deferred tax assets, less valuation allowance (April 1, 2023 - $1,113 and December 31, 2022 - $1,113) 144,467 136,986
Operating lease right-of-use assets 36,638 37,889
Other assets 45,523 44,809
Total assets 4,214,940 4,255,692
Current liabilities:    
Current portion of debt 5,096 5,096
Current portion of acquisition-related liabilities 7,243 13,718
Accounts payable 138,961 104,031
Accrued expenses 97,478 119,967
Current operating lease liabilities 7,515 7,296
Billings in excess of costs and estimated earnings 4,233 5,739
Total current liabilities 260,526 255,847
Long-term debt 1,487,783 1,488,569
Acquisition-related liabilities 22,939 29,051
Tax receivable agreement liability 322,624 327,812
Noncurrent operating lease liabilities 34,315 35,737
Other noncurrent liabilities 106,807 106,686
Total liabilities 2,234,994 2,243,702
Commitments and contingencies (see note 12)
Stockholders’ equity:    
Additional paid-in capital 1,403,186 1,404,122
Accumulated earnings 560,091 590,895
Accumulated other comprehensive income 3,245 3,084
Stockholders’ equity 1,967,711 1,999,286
Noncontrolling interest in Summit Holdings 12,235 12,704
Total stockholders’ equity 1,979,946 2,011,990
Total liabilities and stockholders’ equity 4,214,940 4,255,692
Common Class A    
Stockholders’ equity:    
Common stock 1,189 1,185
Common Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0