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Consolidated Balance Sheets - Summit Materials Inc - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 498,110 $ 374,162
Restricted cash 0 800,000
Accounts receivable, net 454,650 287,252
Costs and estimated earnings in excess of billings 11,681 10,289
Inventories 338,501 241,350
Other current assets 40,644 17,937
Current assets held for sale 1,375 1,134
Total current assets 1,344,961 1,732,124
Property, plant and equipment, less accumulated depreciation, depletion and amortization (March 30, 2024 - $1,447,284 and December 30, 2023 - $1,267,557) 4,417,355 1,976,820
Goodwill 1,990,482 1,224,861
Intangible assets, less accumulated amortization (March 30, 2024 - $28,335 and December 30, 2023 - $18,972) 179,587 68,081
Deferred tax assets, less valuation allowance (March 30, 2024 - $1,113 and December 30, 2023 - $1,113) 0 52,009
Operating lease right-of-use assets 89,251 36,553
Other assets 108,264 59,134
Total assets 8,129,900 5,149,582
Current liabilities:    
Current portion of debt 7,575 3,822
Current portion of acquisition-related liabilities 8,993 7,007
Accounts payable 290,914 123,621
Accrued expenses 191,776 171,691
Current operating lease liabilities 16,745 8,596
Billings in excess of costs and estimated earnings 6,005 8,228
Total current liabilities 522,008 322,965
Long-term debt 2,772,709 2,283,639
Acquisition-related liabilities 20,655 28,021
Tax receivable agreement liability 44,267 41,276
Deferred tax liabilities 205,669 15,854
Noncurrent operating lease liabilities 78,618 33,230
Other noncurrent liabilities 267,337 108,017
Total liabilities 3,911,263 2,833,002
Commitments and contingencies (see note 12)
Stockholders’ equity:    
Preferred stock 0 0
Additional paid-in capital 3,403,307 1,421,813
Accumulated earnings 809,885 876,751
Accumulated other comprehensive income 3,690 7,275
Stockholders’ equity 4,218,637 2,307,035
Noncontrolling interest in Summit Holdings 0 9,545
Total stockholders’ equity 4,218,637 2,316,580
Total liabilities and members' interest 8,129,900 5,149,582
Common Class A    
Stockholders’ equity:    
Common stock 1,755 1,196
Common Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0