Hostess Brands, Inc. (TWNK) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q
ASSETS
Current assets:
Cash and cash equivalents	99.4	101.7	206.8	238.4	249.2	228.1	218.8
Short-term investments			20.9
Accounts receivable, net	181.7	190.0	178.8	193.1	148.2	156.7	148.7
Inventories	67.2	67.5	60.8	59.9	52.8	49.3	52.2
Prepaids and other current assets	18.1	12.0	10.5	7.0	10.6	7.6	13.2
Total current assets	366.4	371.1	477.9	498.4	460.7	441.7	432.8
Property and equipment, net	464.6	443.0	359.4	354.1	335.3	318.5	311.5
Intangible assets, net	1,909.1	1,915.0	1,932.6	1,938.5	1,944.4	1,950.3	1,956.1
Goodwill	706.6	706.6	706.6	706.6	706.6	706.6	706.6
Other assets, net	70.7	63.4	52.6	42.8	19.3	17.9	18.0
Total assets	3,517.4	3,499.0	3,529.2	3,540.4	3,466.3	3,435.0	3,425.1

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Long-term debt and lease obligations payable within one year	12.5	4.2	14.0	14.1	14.2	14.2	14.1
Tax receivable agreement payments payable within one year	7.4	11.2	11.1	10.2
Accounts payable	87.5	91.8	84.1	90.6	68.1	71.1	67.8
Customer trade allowances	68.0	66.1	60.7	63.3	52.7	55.2	47.6
Accrued expenses and other current liabilities	27.8	33.7	42.1	36.9	47.0	46.5	44.5
Total current liabilities	203.2	206.9	212.0	215.1	193.6	198.3	185.3
Long-term debt and lease obligations	982.0	998.2	1,092.8	1,096.9	1,100.0	1,103.3	1,107.0
Tax receivable agreement obligations	117.2	123.1	125.5	134.2	134.3	137.3	137.3
Deferred tax liability	361.9	353.4	336.6	331.7	317.8	315.5	311.0
Other long-term liabilities	1.3	1.6	1.6	1.6	1.6	1.6	1.6
Total liabilities	1,665.7	1,683.2	1,768.5	1,779.5	1,747.3	1,756.0	1,742.2

Commitments and Contingencies (Note 9)
Class A common stock	0.0	0.0	0.0	0.0
Additional paid in capital	1,315.4	1,311.3	1,305.0	1,302.0	1,303.3	1,300.3	1,297.7
Accumulated other comprehensive income	34.6	29.5	23.0	17.7	-0.5	-4.2	-4.7
Retained earnings	710.4	677.9	540.4	510.0	475.4	438.9	412.7
Treasury stock	-208.7	-202.9
Stockholders’ equity	1,851.7	1,815.8	1,760.7	1,760.9	1,719.0	1,679.0	1,682.9
Total liabilities and stockholders’ equity	3,517.4	3,499.0	3,529.2	3,540.4	3,466.3	3,435.0	3,425.1