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SEC Filings

8-K
NEXEO SOLUTIONS, INC. filed this Form 8-K on 05/09/2017
Entire Document
 


Nexeo Solutions, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(Unaudited, in millions, except share amounts and par value)
 
March 31, 2017
 
September 30, 2016
Current Assets
 

 
 

Cash and cash equivalents
$
95.3

 
$
47.5

Accounts and notes receivable (net of allowance for doubtful accounts of $1.4 million and $1.4 million, respectively)
540.4

 
474.8

Inventories
336.4

 
315.8

Other current assets
23.8

 
25.7

Total current assets
995.9

 
863.8

 
 
 
 
Non-Current Assets
 

 
 

Property, plant and equipment, net
327.3

 
322.6

Goodwill
661.0

 
665.7

Other intangible assets, net of amortization
211.2

 
215.0

Deferred income taxes
1.6

 
1.1

Other non-current assets
10.9

 
10.7

Total non-current assets
1,212.0

 
1,215.1

Total Assets
$
2,207.9

 
$
2,078.9

 
 
 
 
Current Liabilities
 

 
 

Short-term borrowings, current portion of long-term debt and capital lease obligations
$
47.1

 
$
47.7

Accounts payable
353.3

 
325.8

Accrued expenses and other liabilities
37.6

 
45.7

Due to related party pursuant to contingent consideration obligations
5.1

 

Income taxes payable
2.3

 
2.0

Total current liabilities
445.4

 
421.2

 
 
 
 
Non-Current Liabilities
 

 
 

Long-term debt and capital lease obligations, less current portion, net
871.3

 
765.6

Deferred income taxes
16.4

 
23.1

Due to related party pursuant to contingent consideration obligations
135.9

 
118.4

Other non-current liabilities
7.5

 
5.8

Total non-current liabilities
1,031.1

 
912.9

Total Liabilities
1,476.5

 
1,334.1

 
 
 
 
Commitments and contingencies


 


 
 
 
 
Equity
 

 
 

Preferred stock, $0.0001 par value (1,000,000 shares authorized, none issued and outstanding as of March 31, 2017 and September 30, 2016)

 

Common stock, $0.0001 par value (300,000,000 shares authorized; 89,276,183 shares issued and outstanding as of March 31, 2017 and 89,286,936 shares issued and outstanding as of September 30, 2016)

 

Additional paid-in capital
761.6

 
758.9

Accumulated deficit
(19.0
)
 
(9.6
)
Accumulated other comprehensive loss
(11.2
)
 
(4.5
)
Total equity
731.4

 
744.8

Total Liabilities and Equity
$
2,207.9

 
$
2,078.9