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UBIQUITI INC. filed this 10-K on 08/23/24

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UBIQUITI INC. - 10-K - 20240823 - STOCKHOLDERS_EQUITY

UBIQUITI INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)

In thousands, except share data


	Common Stock		Additional Paid-In Capital				Retained Earnings (Deficit)	Accumulated Other Comprehensive Loss	Total Stockholders' Equity (Deficit)
		Shares	Amount		Amount				Amount		Amount		Amount
Balance at June 30, 2021		62,582,858	$	63	$	—			$	2,635	$	1	$	2,699
Net Income		—	—		—				378,657		—		378,657
Other comprehensive income (loss)		—	—		—				—		(475)		(475)
Stock options exercised		8,413	—		98				—		—		98
Restricted stock units issued, net of tax withholdings		23,107	—		(1,185)				—		—		(1,185)
Repurchase of Common Stock		(2,193,853)	(3)		(1,779)				(616,349)		—		(618,131)
Share-based compensation expense		—	—		3,516				—		—		3,516
Dividends paid on Common Stock ($2.40 per share)		—	—		—				(148,055)		—		(148,055)
Balance at June 30, 2022		60,420,525	$	60	$	650			$	(383,112)	$	(474)	$	(382,876)
Net Income		—	—		—				407,641		—		407,641
Reclassification adjustment for loss on investments included in net income		—	—		—				—		474		474

Stock options exercised		2,112	—		23				—		—		23
Restricted stock units issued, net of tax withholdings		19,259	—		(686)				—		—		(686)
Share-based compensation expense		—	—		4,734				—		—		4,734
Dividends paid on Common Stock ($2.40 per share)		—	—		—				(145,043)		—		(145,043)
Balance at June 30, 2023		60,441,896	$	60	$	4,721			$	(120,514)	$	—	$	(115,733)
Net Income		—	—		—				349,960		—		349,960


Restricted stock units issued, net of tax withholdings		20,643	—		(434)				—		—		(434)

Share-based compensation expense		—	—		6,358				—		—		6,358
Dividends paid on Common Stock ($2.40 per share)		—	—		—				(145,091)		—		(145,091)
Balance at June 30, 2024		60,462,539	$	60	$	10,645			$	84,355	$	—	$	95,060