Advantage Solutions Inc

For the period ended Mar 31, 2024. Filed May 10, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 10, 2024

ADV$32.29-2.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Stockholders’ Equity

Accumulated · Advantage
Common Stock · Treasury Stock · Additional · Loans · Other · Solutions Inc. · Nonredeemable · Total
Paid-in · Accumulated · to · Comprehensive · Stockholders' · Noncontrolling · Stockholders'
(in thousands, except share data)	Shares	Amount	Shares	Amount	Capital	Deficit	Topco	Income (Loss)	Equity	Interests	Equity
Balance at January 1, 2024	322,235,261	$32	3,600,075	$(18,949)	$3,449,261	$(2,314,650)	$(6,387)	$(3,945)	$1,105,362	$(1,285)	$1,104,077
Comprehensive (loss) income
Net (loss) income	—	—	—	—	—	(5,307)	—	—	(5,307)	2,192	(3,115)
Foreign currency translation adjustments	—	—	—	—	—	—	—	(2,717)	(2,717)	(1)	(2,718)
Total comprehensive (loss) income	—	—	—	—	—	—	—	—	(8,024)	2,191	(5,833)
Interest on loans to Karman Topco L.P.	—	—	—	—	—	—	(149)	—	(149)	—	(149)
Purchase of treasury stock	(3,000,000)	—	3,000,000	(11,689)	—	—	—	—	(11,689)	—	(11,689)
Equity-based compensation of Karman Topco L.P.	—	—	—	—	390	—	—	—	390	—	390
Shares issued under 2020 Employee Stock Purchase Plan	581,954	—	—	—	1,167	—	—	—	1,167	—	1,167
Payments for taxes related to net share settlement under 2020 Incentive Award Plan	—	—	—	—	(9,688)	—	—	—	(9,688)	—	(9,688)
Shares issued under 2020 Incentive Award Plan	4,076,928	—	—	—	—	—	—	—	—	—	—
Stock-based compensation expense	—	—	—	—	5,908	—	—	—	5,908	—	5,908
Balance at March 31, 2024	323,894,143	$32	6,600,075	$(30,638)	$3,447,038	$(2,319,957)	$(6,536)	$(6,662)	$1,083,277	$906	$1,084,183

Advantage
Additional · Loans · Other · Solutions Inc. · Nonredeemable · Total
Common Stock · Treasury Stock · Paid-in · Accumulated · to · Comprehensive · Stockholders' · Noncontrolling · Stockholders'
(in thousands, except share data)	Shares	Amount	Shares	Amount	Capital	Deficit	Topco	Income (Loss)	Equity	Interests	Equity
Balance at January 1, 2023	319,690,300	$32	1,610,014	$(12,567)	$3,408,836	$(2,247,109)	$(6,363)	$(18,849)	$1,123,980	$101,744	$1,225,724
Comprehensive (loss) income
Net loss	—	—	—	—	—	(47,587)	—	—	(47,587)	(170)	(47,757)
Foreign currency translation adjustments	—	—	—	—	—	—	—	1,524	1,524	1,813	3,337
Total comprehensive (loss) income	—	—	—	—	—	—	—	—	(46,063)	1,643	(44,420)
Interest on loans to Karman Topco L.P.	—	—	—	—	—	—	(6)	—	(6)	—	(6)
Equity-based compensation of Karman Topco L.P.	—	—	—	—	(2,269)	—	—	—	(2,269)	—	(2,269)
Shares issued under 2020 Employee Stock Purchase Plan	674,976	—	—	—	1,193	—	—	—	1,193	—	1,193
Payments for taxes related to net share settlement under 2020 Incentive Award Plan	—	—	—	—	(1,277)	—	—	—	(1,277)	—	(1,277)
Shares issued under 2020 Incentive Award Plan	3,190,022	—	—	—	—	—	—	—	—	—	—
Stock-based compensation expense	—	—	—	—	11,078	—	—	—	11,078	—	11,078
Balance at March 31, 2023	323,555,298	$32	1,610,014	$(12,567)	$3,417,561	$(2,294,696)	$(6,369)	$(17,325)	$1,086,636	$103,387	$1,190,023

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.