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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 199,114 $ 311,319
Accounts receivable, net 231,215 253,256
Costs and estimated earnings in excess of billings 11,319 13,088
Inventories 231,413 204,787
Other current assets 15,195 13,831
Total current assets 688,256 796,281
Property, plant and equipment, less accumulated depreciation, depletion and amortization (March 28, 2020 - $1,000,745 and December 28, 2019 - $955,815) 1,768,703 1,747,449
Goodwill 1,195,557 1,199,699
Intangible assets, less accumulated amortization (March 28, 2020 - $11,071 and December 28, 2019 - $10,366) 22,793 23,498
Deferred tax assets, less valuation allowance (March 28, 2020 - $1,675 and December 28, 2019 - $1,675) 237,922 212,333
Operating lease right-of-use assets 30,527 32,777
Other assets 48,510 55,519
Total assets 3,992,268 4,067,556
Current liabilities:    
Current portion of debt 7,942 7,942
Current portion of acquisition-related liabilities 30,923 32,700
Accounts payable 122,350 116,359
Accrued expenses 102,460 120,005
Current operating lease liabilities 8,131 8,427
Billings in excess of costs and estimated earnings 14,022 13,864
Total current liabilities 285,828 299,297
Long-term debt 1,850,289 1,851,057
Acquisition-related liabilities 13,024 19,801
Tax receivable agreement liability 327,957 326,965
Noncurrent operating lease liabilities 23,280 25,381
Other noncurrent liabilities 96,031 100,282
Total liabilities 2,596,409 2,622,783
Commitments and contingencies (see note 16)
Stockholders’ equity/Member's interest    
Additional paid-in capital 1,239,271 1,234,020
Accumulated earnings 143,826 188,805
Accumulated other comprehensive (loss) income (2,645) 3,448
Stockholders’ equity 1,381,594 1,427,407
Noncontrolling interest in Summit Holdings 14,265 17,366
Total stockholders’ equity 1,395,859 1,444,773
Total liabilities and stockholders’ equity/member's interest 3,992,268 4,067,556
Summit Materials, LLC    
Current assets:    
Cash and cash equivalents 199,114 311,319
Accounts receivable, net 231,215 253,256
Costs and estimated earnings in excess of billings 11,319 13,088
Inventories 231,413 204,787
Other current assets 15,195 13,831
Total current assets 688,256 796,281
Property, plant and equipment, less accumulated depreciation, depletion and amortization (March 28, 2020 - $1,000,745 and December 28, 2019 - $955,815) 1,768,703 1,747,449
Goodwill 1,196,557 1,200,699
Intangible assets, less accumulated amortization (March 28, 2020 - $11,071 and December 28, 2019 - $10,366) 22,793 23,498
Operating lease right-of-use assets 30,527 32,777
Other assets 48,510 55,519
Total assets 3,755,346 3,856,223
Current liabilities:    
Current portion of debt 7,942 7,942
Current portion of acquisition-related liabilities 28,671 30,200
Accounts payable 122,961 116,970
Accrued expenses 102,691 120,237
Current operating lease liabilities 8,131 8,427
Billings in excess of costs and estimated earnings 14,022 13,864
Total current liabilities 284,418 297,640
Long-term debt 1,850,289 1,851,057
Acquisition-related liabilities 13,024 17,666
Noncurrent operating lease liabilities 23,280 25,381
Other noncurrent liabilities 141,362 151,329
Total liabilities 2,312,373 2,343,073
Commitments and contingencies (see note 16)
Stockholders’ equity/Member's interest    
Members' equity 1,434,525 1,432,718
Accumulated earnings 37,778 101,403
Accumulated other comprehensive (loss) income (29,330) (20,971)
Total member's interest 1,442,973 1,513,150
Total liabilities and stockholders’ equity/member's interest 3,755,346 3,856,223
Class A Common Stock    
Stockholders’ equity/Member's interest    
Common stock 1,142 1,134
Class B Common Stock    
Stockholders’ equity/Member's interest    
Common stock $ 0 $ 0