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Midas Edge

Biglari Holdings Inc

For the period ended Jun 30, 2024. Filed Aug 9, 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.

Jun 30, 2024 · Filed Aug 9, 2024

BH$349.22-6.5%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Balance Sheets — June 30, 202 and December 31,

CONSOLIDATED BALANCE SHEETS

June 30,2024December 31,2023
(Unaudited)
Assets
Current assets:
Cash and cash equivalents$26,897$28,066
Investments93,61991,879
Receivables19,16922,241
Inventories3,5872,980
Other current assets7,8827,385
Total current assets151,154152,551
Property and equipment381,078380,491
Operating lease assets34,60132,215
Goodwill and other intangible assets75,54076,760
Investment partnerships158,731199,103
Other assets7,9498,302
Total assets$809,053$849,422
Liabilities and shareholders’ equity
Liabilities
Current liabilities:
Accounts payable and accrued expenses$60,126$66,743
Loss and loss adjustment expenses15,69515,168
Unearned premiums15,49614,334
Current portion of lease obligations14,40614,855
Line of credit50—
Total current liabilities105,773111,100
Lease obligations92,90686,389
Deferred taxes26,25437,939
Asset retirement obligations14,59314,316
Other liabilities348348
Total liabilities239,874250,092
Shareholders’ equity
Common stock1,1381,138
Additional paid-in capital385,594385,594
Retained earnings605,847631,458
Accumulated other comprehensive loss(2,667)(2,518)
Treasury stock, at cost(420,733)(416,342)
Biglari Holdings Inc. shareholders’ equity569,179599,330
Total liabilities and shareholders’ equity$809,053$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.