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Consolidated Balance Sheets - Summit Materials Inc - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 230,010 $ 520,451
Accounts receivable, net 370,504 256,669
Costs and estimated earnings in excess of billings 35,315 6,510
Inventories 246,275 212,491
Other current assets 22,336 20,787
Current assets held for sale 1,862 1,468
Total current assets 906,302 1,018,376
Property, plant and equipment, less accumulated depreciation, depletion and amortization (July 1, 2023 - $1,352,008 and December 31, 2022 - $1,267,557) 1,979,986 1,813,702
Goodwill 1,228,468 1,132,546
Intangible assets, less accumulated amortization (July 1, 2023 - $17,321 and December 31, 2022 - $15,503) 69,714 71,384
Deferred tax assets, less valuation allowance (July 1, 2023 - $1,113 and December 31, 2022 - $1,113) 126,817 136,986
Operating lease right-of-use assets 36,013 37,889
Other assets 48,187 44,809
Total assets 4,395,487 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 171,221 104,031
Accrued expenses 148,660 119,967
Current operating lease liabilities 7,707 7,296
Billings in excess of costs and estimated earnings 7,054 5,739
Total current liabilities 346,981 255,847
Long-term debt 1,487,289 1,488,569
Acquisition-related liabilities 23,503 29,051
Tax receivable agreement liability 322,624 327,812
Noncurrent operating lease liabilities 33,563 35,737
Other noncurrent liabilities 107,563 106,686
Total liabilities 2,321,523 2,243,702
Commitments and contingencies (see note 12)
Stockholders’ equity:    
Additional paid-in capital 1,409,364 1,404,122
Accumulated earnings 643,728 590,895
Accumulated other comprehensive income 6,326 3,084
Stockholders’ equity 2,060,608 1,999,286
Noncontrolling interest in Summit Holdings 13,356 12,704
Total stockholders’ equity 2,073,964 2,011,990
Total liabilities and members' interest 4,395,487 4,255,692
Common Class A    
Stockholders’ equity:    
Common stock 1,190 1,185
Common Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0