Advantage Solutions Inc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
View on SEC.govAbout 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.
Jun 30, 2024 · Filed Aug 9, 2024
ADV$32.29-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Stockholders’ Equity
| Accumulated · Advantage | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · Additional · Loans · Other · Solutions Inc. · 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 April 1, 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 | |||
| Comprehensive (loss) income | ||||||||||||||
| Net loss | — | — | — | — | — | (100,835) | — | — | (100,835) | — | (100,835) | |||
| Foreign currency translation adjustments | — | — | — | — | — | — | — | (2,340) | (2,340) | 74 | (2,266) | |||
| Total comprehensive (loss) income | — | — | — | — | — | — | — | — | (103,175) | 74 | (103,101) | |||
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (171) | — | (171) | — | (171) | |||
| Purchase of treasury stock | (2,275,095) | — | 2,275,095 | (9,086) | — | — | — | — | (9,086) | — | (9,086) | |||
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | (872) | — | — | (872) | — | (872) | ||||
| Payments for taxes related to net share settlement under 2020 Incentive Award Plan | — | — | — | — | (1,425) | — | — | — | (1,425) | — | (1,425) | |||
| Shares issued under 2020 Incentive Award Plan | 1,401,548 | — | — | — | — | — | — | — | — | — | — | |||
| Sale of a business | — | — | — | — | — | — | — | (2,431) | (2,431) | (980) | (3,411) | |||
| Stock-based compensation expense | — | — | — | — | 7,617 | — | — | — | 7,617 | — | 7,617 | |||
| Balance at June 30, 2024 | 323,020,596 | $32 | 8,875,170 | $(39,724) | $3,452,358 | $(2,420,792) | $(6,707) | $(11,433) | $973,734 | $— | $973,734 | |||
| Advantage | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · Additional · Loans · Other · Solutions Inc. · 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 April 1, 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 |
| Comprehensive (loss) income | |||||||||||
| Net (loss) income | — | — | — | — | — | (8,762) | — | — | (8,762) | 828 | (7,934) |
| Foreign currency translation adjustments | — | — | — | — | — | — | — | 3,722 | 3,722 | 1,872 | 5,594 |
| Total comprehensive (loss) income | — | — | — | — | — | — | — | — | (5,040) | 2,700 | (2,340) |
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (6) | — | (6) | — | (6) |
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | (1,218) | — | — | — | (1,218) | — | (1,218) |
| Shares issued under 2020 Incentive Award Plan | 925,845 | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation expense | — | — | — | — | 11,147 | — | — | — | 11,147 | — | 11,147 |
| Balance at June 30, 2023 | 324,481,143 | $32 | 1,610,014 | $(12,567) | $3,427,490 | $(2,303,458) | $(6,375) | $(13,603) | $1,091,519 | $106,087 | $1,197,606 |
| Accumulated · Advantage | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · Additional · Loans · Other · Solutions Inc. · 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 | — | — | — | — | — | (106,142) | — | — | (106,142) | 2,192 | (103,950) |
| Foreign currency translation adjustments | — | — | — | — | — | — | — | (5,057) | (5,057) | 73 | (4,984) |
| Total comprehensive (loss) income | — | — | — | — | — | — | — | — | (111,199) | 2,265 | (108,934) |
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (320) | — | (320) | — | (320) |
| Purchase of treasury stock | (5,275,095) | — | 5,275,095 | (20,775) | — | — | — | — | (20,775) | — | (20,775) |
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | (480) | — | — | — | (480) | — | (480) |
| 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 | — | — | — | — | (11,113) | — | — | — | (11,113) | — | (11,113) |
| Shares issued under 2020 Incentive Award Plan | 5,478,476 | — | — | — | — | — | — | — | — | — | — |
| Sale of a business | — | — | — | — | — | — | — | (2,431) | (2,431) | (980) | (3,411) |
| Stock-based compensation expense | — | — | — | — | 13,523 | — | — | — | 13,523 | — | 13,523 |
| Balance at June 30, 2024 | 323,020,596 | $32 | 8,875,170 | $(39,724) | $3,452,358 | $(2,420,792) | $(6,707) | $(11,433) | $973,734 | $— | $973,734 |
| Advantage | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional · Loans · Other · Solutions Inc. · 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) income | — | — | — | — | — | (56,349) | — | — | (56,349) | 658 | (55,691) |
| Foreign currency translation adjustments | — | — | — | — | — | — | — | 5,246 | 5,246 | 3,685 | 8,931 |
| Total comprehensive (loss) income | — | — | — | — | — | — | — | — | (51,103) | 4,343 | (46,760) |
| Interest on loans to Karman Topco L.P. | — | — | — | — | — | — | (12) | — | (12) | — | (12) |
| Equity-based compensation of Karman Topco L.P. | — | — | — | — | (3,487) | — | — | — | (3,487) | — | (3,487) |
| 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 | 4,115,867 | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation expense | — | — | — | — | 22,225 | — | — | — | 22,225 | — | 22,225 |
| Balance at June 30, 2023 | 324,481,143 | $32 | 1,610,014 | $(12,567) | $3,427,490 | $(2,303,458) | $(6,375) | $(13,603) | $1,091,519 | $106,087 | $1,197,606 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.