v3.24.1

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 59,421	$ 47,914
Accounts receivable, net	83,157	93,301
Inventories, net	633,360	443,295
Prepaid expenses and other current assets	42,106	57,656
Income tax receivable	14,464	56,317
Total current assets	832,508	698,483
Property, plant and equipment, net	255,270	221,870
Operating lease asset	707,047	693,875
Goodwill	100,357	664,296
Trade names	94,680	383,737
Other intangible assets, net	13,304	23,687
Other assets, net	16,831	25,952
Total assets	2,019,997	2,711,900
Current liabilities:
Loans and notes payable	360,745	84,181
Accounts payable	157,474	161,736
Accrued expenses	181,466	195,531
Current portion of operating lease liability	119,605	116,437
Income taxes payable	426	10,801
Current portion of long-term obligations	1,331,003	1,373
Total current liabilities	2,150,719	570,059
Long-term obligations, excluding current portion	11,134	1,351,189
Long-term portion of operating lease liability	685,120	655,875
Deferred income tax liabilities	9,128	29,195
Other long-term liabilities	21,723	22,868
Total liabilities	2,877,824	2,629,186
Commitments and contingencies (Note 15)
Stockholders' (deficit) equity:
Common stock (Par value $0.01; 113,509,223 and 112,170,944 shares outstanding and 126,787,094 and 124,157,500 shares issued at December 31, 2022 and December 31, 2021, respectively)	1,385	1,384
Additional paid-in capital	988,463	982,307
Accumulated deficit	(1,514,615)	(571,985)
Accumulated other comprehensive income	1,855	3,541
Total stockholders' (deficit) equity before common stock held in treasury	(522,912)	415,247
Less: Common stock held in treasury, at cost (13,277,871 and 11,986,556 shares at December 31, 2022 and December 31, 2021 respectively)	(334,915)	(332,533)
Total stockholders' (deficit) equity	(857,827)	82,714
Total liabilities and stockholders' (deficit) equity	$ 2,019,997	$ 2,711,900

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Party City Holdco Inc. 10-K