Company: PENG
Filing Date: 2025-04-02
Form Type: 10-Q
Source: 0001628280-25-016182
Chunk: 39

Company: Penguin Solutions, Inc.
Filing Date: 2025-04-02
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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,367)Other comprehensive income (loss), net of tax:Cumulative translation adjustment— (210)— (6,352)Cumulative translation adjustment reclassified to net income (loss)— — — 212,397 Gain (loss) on investments(2)13 7 25 Comprehensive income (loss)8,869 (13,204)14,842 173,703 Comprehensive income attributable to noncontrolling interest789 613 1,536 1,174 Comprehensive income (loss) attributable to Penguin Solutions$8,080 $(13,817)$13,306 $172,529 

The accompanying notes are an integral part of these consolidated financial statements.

7

Penguin Solutions, Inc.

Consolidated Statements of Shareholders’ Equity

(In thousands)

(Unaudited)

OrdinaryPreferredAdditionalPaid-in-capitalAccumulatedOtherComprehensiveIncome (Loss)Total Penguin SolutionsShareholders’EquityNon-controllingInterest inSubsidiarySharesIssuedAmountSharesIssuedAmountRetainedEarningsTreasurySharesTotalEquityAs of August 30, 202460,226 $1,807 $— $— $513,335 $29,985 $(153,756)$10 $391,381 $7,827 $399,208 Net income— — — — — 5,217 — — 5,217 747 5,964 Other comprehensive income (loss)— — — — — — — 9 9 — 9 Shares issued under equity plans841 25 — — 3,335 — — — 3,360 — 3,360 Repurchase of shares— — — — — — (11,123)— (11,123)— (11,123)Share-based compensation expense— — — — 11,531 — — — 11,531 — 11,531 As of November 29, 202461,067 1,832 — — 528,201 35,202 (164,879)19 400,375 8,574 408,949 Net income— — — — — 8,082 — — 8,082 789 8