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Midas Edge

Biglari Holdings Inc

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

View on SEC.gov

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

BH$349.22-6.5%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 exhibits
Contents

Consolidated Balance Sheets — March 31, 202 and December 31,

CONSOLIDATED BALANCE SHEETS

March 31,2024December 31,2023
(Unaudited)
Assets
Current assets:
Cash and cash equivalents$34,536$28,066
Investments97,72591,879
Receivables24,19822,241
Inventories3,5652,980
Other current assets8,4107,385
Total current assets168,434152,551
Property and equipment377,363380,491
Operating lease assets34,07332,215
Goodwill and other intangible assets76,64276,760
Investment partnerships220,757199,103
Other assets8,0488,302
Total assets$885,317$849,422
Liabilities and shareholders’ equity
Liabilities
Current liabilities:
Accounts payable and accrued expenses$72,811$66,743
Loss and loss adjustment expenses16,01315,168
Unearned premiums14,93914,334
Current portion of lease obligations14,51914,855
Total current liabilities118,282111,100
Lease obligations91,91286,389
Deferred taxes41,80137,939
Asset retirement obligations14,40214,316
Other liabilities348348
Total liabilities266,745250,092
Shareholders’ equity
Common stock1,1381,138
Additional paid-in capital385,594385,594
Retained earnings654,037631,458
Accumulated other comprehensive loss(2,549)(2,518)
Treasury stock, at cost(419,648)(416,342)
Biglari Holdings Inc. shareholders’ equity618,572599,330
Total liabilities and shareholders’ equity$885,317$849,422
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.