Centuri Holdings Inc
For the period ended Dec 29, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
CTRI$22.560.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Centuri Holdings, Inc. Consolidated Balance Sheets
Consolidated Balance Sheets
| December 29,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $49,019 | $33,407 |
| Accounts receivable, net | 271,793 | 335,196 |
| Accounts receivable, related party - parent, net | 9,648 | 12,258 |
| Contract assets | 235,546 | 266,600 |
| Contract assets, related party - parent | 2,623 | 3,208 |
| Prepaid expenses and other current assets | 32,755 | 32,258 |
| Total current assets | 601,384 | 682,927 |
| Property and equipment, net | 511,314 | 545,442 |
| Intangible assets, net | 340,901 | 369,048 |
| Goodwill, net | 368,302 | 375,892 |
| Right-of-use assets under finance leases | 33,790 | 43,525 |
| Right-of-use assets under operating leases | 104,139 | 118,448 |
| Other assets | 114,560 | 54,626 |
| Total assets | $2,074,390 | $2,189,908 |
| LIABILITIES, TEMPORARY EQUITY AND EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $30,018 | $42,552 |
| Current portion of finance lease liabilities | 9,331 | 11,370 |
| Current portion of operating lease liabilities | 18,695 | 19,363 |
| Accounts payable | 125,726 | 116,583 |
| Accrued expenses and other current liabilities | 173,584 | 187,050 |
| Contract liabilities | 24,975 | 43,694 |
| Total current liabilities | 382,329 | 420,612 |
| Long-term debt, net of current portion | 730,330 | 1,031,174 |
| Line of credit | 113,533 | 77,121 |
| Finance lease liabilities, net of current portion | 15,009 | 24,334 |
| Operating lease liabilities, net of current portion | 91,739 | 105,215 |
| Deferred income taxes | 115,114 | 135,123 |
| Other long-term liabilities | 66,115 | 71,076 |
| Total liabilities | 1,514,169 | 1,864,655 |
| Commitments and contingencies (Note 18) | ||
| Temporary equity: | ||
| Redeemable noncontrolling interests | 4,669 | 99,262 |
| Equity: | ||
| Common stock, $0.01 par value, 850,000,000 shares authorized, 88,517,521 shares issued and outstanding at December 29, 2024 and 1,000 shares issued and outstanding at December 31, 2023 | 885 | — |
| Additional paid-in capital | 718,598 | 374,124 |
| Accumulated other comprehensive loss | (13,209) | (4,025) |
| Accumulated deficit | (150,722) | (144,108) |
| Total equity | 555,552 | 225,991 |
| Total liabilities, temporary equity and equity | $2,074,390 | $2,189,908 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.