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.
See the whole filing, with its images and exhibitsContents
Centuri Holdings, Inc. Consolidated Statements of Operations
Consolidated Statements of Operations
(In thousands, except per-share information)
| Fiscal Year Ended | |||
|---|---|---|---|
| December 29,2024 | December 31,2023 | January 1,2023 | |
| Revenue | $2,530,394 | $2,782,845 | $2,625,669 |
| Revenue, related party - parent | 106,835 | 116,431 | 134,658 |
| Total revenue, net | 2,637,229 | 2,899,276 | 2,760,327 |
| Cost of revenue (including depreciation) | 2,319,744 | 2,520,420 | 2,428,722 |
| Cost of revenue, related party - parent (including depreciation) | 96,813 | 105,414 | 116,993 |
| Total cost of revenue | 2,416,557 | 2,625,834 | 2,545,715 |
| Gross profit | 220,672 | 273,442 | 214,612 |
| Selling, general and administrative expenses | 107,247 | 110,344 | 109,197 |
| Amortization of intangible assets | 26,642 | 26,670 | 29,759 |
| Goodwill impairment | — | 213,992 | 177,086 |
| Operating income (loss) | 86,783 | (77,564) | (101,430) |
| Interest expense, net | 90,515 | 97,476 | 61,371 |
| Other (income) expense, net | (376) | (64) | 887 |
| Loss before income taxes | (3,356) | (174,976) | (163,688) |
| Income tax expense | 3,466 | 9,530 | 1,298 |
| Net loss | (6,822) | (184,506) | (164,986) |
| Net (loss) income attributable to noncontrolling interests | (98) | 1,670 | 3,159 |
| Net loss attributable to common stock | $(6,724) | $(186,176) | $(168,145) |
| Loss per share attributable to common stock: | |||
| Basic | $(0.08) | $(2.60) | $(2.35) |
| Diluted | $(0.08) | $(2.60) | $(2.35) |
| Shares used in computing earnings per share: | |||
| Weighted average basic shares outstanding | 83,286 | 71,666 | 71,666 |
| Weighted average diluted shares outstanding | 83,286 | 71,666 | 71,666 |
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