Latham Group, Inc. (SWIM)

Import this data to Google Sheets with:

=jivedata("SWIM","financials")

Full statements spill as a table. For one cell: =jivedata("SWIM","Revenue") or =jivedata("SWIM","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

Latham Group, Inc.

SWIM • CIK 0001833197

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$566,492	$508,520	$545,912	$576,642
Cost of Revenue	$413,548	$354,776	$363,824	$384,163
Gross Profit	$152,944	$153,744	$182,088	$192,479
Selling, General and Administrative Expense	$110,296	$108,364	$122,565	$134,214
Amortization of Intangible Assets	$26,519	$27,103	$28,944	$28,988
Operating Income (Loss)	$16,129	$18,277	$30,579	$29,277
Income (Loss) from Equity Method Investments	$3,723	$4,060	$5,222	$5,697
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$-10,060	$-8,740	$13,488	$9,946
Income Tax Expense (Benefit)	$-7,672	$9,120	$2,364	$4,620
Net Income (Loss) Attributable to Parent	$-2,388	$-17,860	$11,124	$5,326
InterestExpenseNonoperating	—	$24,840	$25,805	$22,971
Other Nonoperating Income (Expense)	$1,004	$-6,237	$3,492	$-2,057
Nonoperating Income (Expense)	$-29,912	$-31,077	$-22,313	$-25,028
Weighted Average Number of Shares Outstanding, Basic	112,899,586	115,434,828	116,424,673	117,435,157
Weighted Average Number of Shares Outstanding, Diluted	112,899,586	115,434,828	119,822,088	119,929,803

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Cash	$102,763	$56,398	$71,043	$43,480
Accounts Receivable, after Allowance for Credit Loss, Current	$30,407	$32,299	$39,914	$95,230
Property, Plant and Equipment, Net	$113,014	$112,848	$118,820	$136,331
Inventory, Net	$97,137	$77,101	$74,926	$79,610
Equity Method Investments	$25,940	$24,891	$26,482	$28,397
Income Taxes Receivable, Current	$983	$3,964	$12,178	$9,283
Deferred Income Tax Assets, Net	$7,485	$729	$718	$1,056
Prepaid Expense and Other Assets, Current	$7,327	$8,536	$20,943	$13,024
Operating Lease, Right-of-Use Asset	$30,788	$28,259	$30,723	$30,332
Assets, Current	$238,617	$178,298	$219,004	$240,627
Goodwill	$131,363	$152,625	$155,189	$161,519
Intangible Assets, Net (Excluding Goodwill)	$282,793	$292,913	$268,073	$258,225
Other Assets	$5,003	$3,644	$4,214	$3,885
Assets	$835,003	$794,207	$823,223	$860,372
Deferred Income Tax Liabilities, Net	$40,088	$32,347	$34,269	$34,270
Operating Lease, Liability, Noncurrent	$24,787	$22,138	$23,964	$24,314
Other Liabilities, Noncurrent	$4,771	$3,252	$3,396	$2,266
Liabilities	$435,803	$406,985	$417,362	$448,940
Accounts Payable, Current	—	—	$19,283	$37,992
Long-term Debt, Current Maturities	$21,250	$3,250	$3,250	$3,250
Operating Lease, Liability, Current	$7,133	$7,176	$7,630	$6,892
Other Liabilities, Current	$40,691	$47,410	$48,979	$63,006
Liabilities, Current	$86,206	$70,977	$79,142	$111,527
Preferred Stock, Value, Issued	$0	$0	$0	$0
Common Stock, Value, Issued	$11	$12	$12	$12
Additional Paid in Capital	$459,684	$467,076	$473,423	$473,660
Retained Earnings (Accumulated Deficit)	$-56,956	$-74,816	$-63,692	$-59,472
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-3,539	$-5,050	$-3,882	$-2,768
Stockholders' Equity Attributable to Parent	$399,200	$387,222	$405,861	$411,432
Preferred Stock, Shares Authorized	100,000,000	100,000,000	100,000,000	100,000,000
Preferred Stock, Shares Issued	0	0	0	0
Common Stock, Shares Authorized	900,000,000	900,000,000	900,000,000	900,000,000
Common Stock, Shares, Issued	114,871,782	115,764,839	116,766,927	117,535,232
Product Warranty Accrual, Current	$2,889	$2,389	$3,056	$3,056
Accrued Vacation, Current	$2,310	$2,509	$2,153	$2,153
Accrued Payroll Taxes, Current	$4,893	$4,405	$3,871	$3,871
Interest Payable, Current	$2,955	$4,153	$2,020	$2,020
Deferred Revenue, Current	$3,787	$3,794	$4,329	$4,329
Deposits Assets, Current	—	—	$12,863	$12,863
Prepaid Expense, Current	—	—	$4,174	$4,174
Prepaid Insurance	—	—	$1,615	$1,615
Accounts and Other Receivables, Net, Current	—	—	$685	$685
Other Prepaid Expense, Current	—	—	$274	$274
Accounts Receivable, Allowance for Credit Loss	$7,544	$5,869	$6,539	$6,539
Accounts Receivable, Credit Loss Expense (Reversal)	$5,379	$2,069	$1,736	$1,736
Accounts Receivable, Allowance for Credit Loss, Writeoff	$996	$3,744	$1,066	$1,066

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$-2,388	$-17,860	$11,124	$5,326
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	$-631	$-1,008	$507	$886
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$70,137	$-46,365	$14,645	$16,537
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$102,763	$56,398	$71,043	$74,558
Depreciation, Depletion and Amortization	$40,751	$44,446	$51,354	$52,996
Payments to Acquire Property, Plant, and Equipment	$33,189	$20,116	$25,385	$31,094
Gain on Business Interruption Insurance Recovery	$1,463	$0	$0	$0
Foreign Currency Transaction Gain (Loss), before Tax	—	$-6,223	$4,131	$-2,155
Amortization of Debt Issuance Costs and Discounts	$1,720	$1,720	$1,720	$1,720
Payments to Acquire Businesses, Net of Cash Acquired	$5,358	$64,527	$4,934	$14,250
Net Cash Provided by (Used in) Investing Activities	$-31,726	$-84,643	$-42,319	$-57,344
Unrealized Gain (Loss) on Derivatives	$-4,729	$808	$-717	$960
Deferred Income Tax Expense (Benefit)	$-9,685	$-1,678	$2,405	$2,405
Share-based Payment Arrangement, Noncash Expense	$18,804	$7,392	$9,247	$8,608
Other Noncash Income (Expense)	$94	$-1,115	$-651	$579
Income (Loss) from Equity Method Investments	$3,723	$4,060	$5,222	$5,697
Proceeds from Equity Method Investment, Distribution	$2,878	$5,109	$3,632	$3,632
Net Cash Provided by (Used in) Operating Activities	$116,369	$61,307	$63,430	$80,118
Repayments of Medium-term Notes	$13,250	$21,250	$3,250	$3,250
Payment, Tax Withholding, Share-based Payment Arrangement	—	—	$2,900	$3,013
Net Cash Provided by (Used in) Financing Activities	$-13,875	$-22,021	$-6,973	$-7,123
Interest Paid, Excluding Capitalized Interest, Operating Activities	$25,747	$24,894	$26,990	$23,694
Income Taxes Paid, Net	$6,990	$15,475	$8,180	$8,105
Capital Expenditures Incurred but Not yet Paid	$955	$510	$1,148	$1,804
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$6,193	$5,426	$10,353	$19,481
Increase (Decrease) in Accounts Receivable	$-13,040	$2,378	$9,223	$7,856
Increase (Decrease) in Inventories	$-68,190	$-22,695	$-2,840	$-2,539
Increase (Decrease) in Prepaid Expense and Other Assets	$1,326	$1,992	$1,622	$1,912
Increase (Decrease) in Income Taxes Receivable	$-1,333	$2,981	$8,214	$395
Increase (Decrease) in Other Noncurrent Assets	$4,346	$-1,263	$244	$577
Increase (Decrease) in Accounts Payable	$-8,512	$-4,039	$5,803	$10,567
Increase (Decrease) in Accrued Liabilities	$-11,938	$-1,329	$-6,072	$-716
Increase (Decrease) in Other Noncurrent Liabilities	$2,848	$-711	$-573	$-387
Proceeds from Issuance of Common Stock	$257,663	$0	—	$0
Payments for Repurchase of Common Stock	$280,701	$0	—	$0

Loading financial statements…

Import this data to Google Sheets with:

=jivedata("SWIM","financials")

Full statements spill as a table. For one cell: =jivedata("SWIM","Revenue") or =jivedata("SWIM","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

Latham Group, Inc.

SWIM • CIK 0001833197

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$566,492	$508,520	$545,912	$576,642
Cost of Revenue	$413,548	$354,776	$363,824	$384,163
Gross Profit	$152,944	$153,744	$182,088	$192,479
Selling, General and Administrative Expense	$110,296	$108,364	$122,565	$134,214
Amortization of Intangible Assets	$26,519	$27,103	$28,944	$28,988
Operating Income (Loss)	$16,129	$18,277	$30,579	$29,277
Income (Loss) from Equity Method Investments	$3,723	$4,060	$5,222	$5,697
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$-10,060	$-8,740	$13,488	$9,946
Income Tax Expense (Benefit)	$-7,672	$9,120	$2,364	$4,620
Net Income (Loss) Attributable to Parent	$-2,388	$-17,860	$11,124	$5,326
InterestExpenseNonoperating	—	$24,840	$25,805	$22,971
Other Nonoperating Income (Expense)	$1,004	$-6,237	$3,492	$-2,057
Nonoperating Income (Expense)	$-29,912	$-31,077	$-22,313	$-25,028
Weighted Average Number of Shares Outstanding, Basic	112,899,586	115,434,828	116,424,673	117,435,157
Weighted Average Number of Shares Outstanding, Diluted	112,899,586	115,434,828	119,822,088	119,929,803

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Cash	$102,763	$56,398	$71,043	$43,480
Accounts Receivable, after Allowance for Credit Loss, Current	$30,407	$32,299	$39,914	$95,230
Property, Plant and Equipment, Net	$113,014	$112,848	$118,820	$136,331
Inventory, Net	$97,137	$77,101	$74,926	$79,610
Equity Method Investments	$25,940	$24,891	$26,482	$28,397
Income Taxes Receivable, Current	$983	$3,964	$12,178	$9,283
Deferred Income Tax Assets, Net	$7,485	$729	$718	$1,056
Prepaid Expense and Other Assets, Current	$7,327	$8,536	$20,943	$13,024
Operating Lease, Right-of-Use Asset	$30,788	$28,259	$30,723	$30,332
Assets, Current	$238,617	$178,298	$219,004	$240,627
Goodwill	$131,363	$152,625	$155,189	$161,519
Intangible Assets, Net (Excluding Goodwill)	$282,793	$292,913	$268,073	$258,225
Other Assets	$5,003	$3,644	$4,214	$3,885
Assets	$835,003	$794,207	$823,223	$860,372
Deferred Income Tax Liabilities, Net	$40,088	$32,347	$34,269	$34,270
Operating Lease, Liability, Noncurrent	$24,787	$22,138	$23,964	$24,314
Other Liabilities, Noncurrent	$4,771	$3,252	$3,396	$2,266
Liabilities	$435,803	$406,985	$417,362	$448,940
Accounts Payable, Current	—	—	$19,283	$37,992
Long-term Debt, Current Maturities	$21,250	$3,250	$3,250	$3,250
Operating Lease, Liability, Current	$7,133	$7,176	$7,630	$6,892
Other Liabilities, Current	$40,691	$47,410	$48,979	$63,006
Liabilities, Current	$86,206	$70,977	$79,142	$111,527
Preferred Stock, Value, Issued	$0	$0	$0	$0
Common Stock, Value, Issued	$11	$12	$12	$12
Additional Paid in Capital	$459,684	$467,076	$473,423	$473,660
Retained Earnings (Accumulated Deficit)	$-56,956	$-74,816	$-63,692	$-59,472
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-3,539	$-5,050	$-3,882	$-2,768
Stockholders' Equity Attributable to Parent	$399,200	$387,222	$405,861	$411,432
Preferred Stock, Shares Authorized	100,000,000	100,000,000	100,000,000	100,000,000
Preferred Stock, Shares Issued	0	0	0	0
Common Stock, Shares Authorized	900,000,000	900,000,000	900,000,000	900,000,000
Common Stock, Shares, Issued	114,871,782	115,764,839	116,766,927	117,535,232
Product Warranty Accrual, Current	$2,889	$2,389	$3,056	$3,056
Accrued Vacation, Current	$2,310	$2,509	$2,153	$2,153
Accrued Payroll Taxes, Current	$4,893	$4,405	$3,871	$3,871
Interest Payable, Current	$2,955	$4,153	$2,020	$2,020
Deferred Revenue, Current	$3,787	$3,794	$4,329	$4,329
Deposits Assets, Current	—	—	$12,863	$12,863
Prepaid Expense, Current	—	—	$4,174	$4,174
Prepaid Insurance	—	—	$1,615	$1,615
Accounts and Other Receivables, Net, Current	—	—	$685	$685
Other Prepaid Expense, Current	—	—	$274	$274
Accounts Receivable, Allowance for Credit Loss	$7,544	$5,869	$6,539	$6,539
Accounts Receivable, Credit Loss Expense (Reversal)	$5,379	$2,069	$1,736	$1,736
Accounts Receivable, Allowance for Credit Loss, Writeoff	$996	$3,744	$1,066	$1,066

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$-2,388	$-17,860	$11,124	$5,326
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	$-631	$-1,008	$507	$886
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$70,137	$-46,365	$14,645	$16,537
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$102,763	$56,398	$71,043	$74,558
Depreciation, Depletion and Amortization	$40,751	$44,446	$51,354	$52,996
Payments to Acquire Property, Plant, and Equipment	$33,189	$20,116	$25,385	$31,094
Gain on Business Interruption Insurance Recovery	$1,463	$0	$0	$0
Foreign Currency Transaction Gain (Loss), before Tax	—	$-6,223	$4,131	$-2,155
Amortization of Debt Issuance Costs and Discounts	$1,720	$1,720	$1,720	$1,720
Payments to Acquire Businesses, Net of Cash Acquired	$5,358	$64,527	$4,934	$14,250
Net Cash Provided by (Used in) Investing Activities	$-31,726	$-84,643	$-42,319	$-57,344
Unrealized Gain (Loss) on Derivatives	$-4,729	$808	$-717	$960
Deferred Income Tax Expense (Benefit)	$-9,685	$-1,678	$2,405	$2,405
Share-based Payment Arrangement, Noncash Expense	$18,804	$7,392	$9,247	$8,608
Other Noncash Income (Expense)	$94	$-1,115	$-651	$579
Income (Loss) from Equity Method Investments	$3,723	$4,060	$5,222	$5,697
Proceeds from Equity Method Investment, Distribution	$2,878	$5,109	$3,632	$3,632
Net Cash Provided by (Used in) Operating Activities	$116,369	$61,307	$63,430	$80,118
Repayments of Medium-term Notes	$13,250	$21,250	$3,250	$3,250
Payment, Tax Withholding, Share-based Payment Arrangement	—	—	$2,900	$3,013
Net Cash Provided by (Used in) Financing Activities	$-13,875	$-22,021	$-6,973	$-7,123
Interest Paid, Excluding Capitalized Interest, Operating Activities	$25,747	$24,894	$26,990	$23,694
Income Taxes Paid, Net	$6,990	$15,475	$8,180	$8,105
Capital Expenditures Incurred but Not yet Paid	$955	$510	$1,148	$1,804
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$6,193	$5,426	$10,353	$19,481
Increase (Decrease) in Accounts Receivable	$-13,040	$2,378	$9,223	$7,856
Increase (Decrease) in Inventories	$-68,190	$-22,695	$-2,840	$-2,539
Increase (Decrease) in Prepaid Expense and Other Assets	$1,326	$1,992	$1,622	$1,912
Increase (Decrease) in Income Taxes Receivable	$-1,333	$2,981	$8,214	$395
Increase (Decrease) in Other Noncurrent Assets	$4,346	$-1,263	$244	$577
Increase (Decrease) in Accounts Payable	$-8,512	$-4,039	$5,803	$10,567
Increase (Decrease) in Accrued Liabilities	$-11,938	$-1,329	$-6,072	$-716
Increase (Decrease) in Other Noncurrent Liabilities	$2,848	$-711	$-573	$-387
Proceeds from Issuance of Common Stock	$257,663	$0	—	$0
Payments for Repurchase of Common Stock	$280,701	$0	—	$0

Latham Group, Inc.

Consolidated Statementsof Operations

Consolidated Balance Sheets

Consolidated Statementsof Cash Flows

Latham Group, Inc.

Consolidated Statementsof Operations

Consolidated Balance Sheets

Consolidated Statementsof Cash Flows