Company: SENEA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025429
Chunk: 46

Company: Seneca Foods Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 46
---
CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

			June 28,
			2025

			June 29,
			2024

			March 31,
			2025

			Assets

			Current assets:

			Cash and cash equivalents

			$
			12,072

			$
			5,544

			$
			42,685

			Restricted cash

			-

			7,431

			7,705

			Accounts receivable, net of allowance for credit losses of $67, $72 and $71, respectively

			99,817

			96,448

			96,330

			Inventories

			614,435

			841,847

			603,955

			Refundable income taxes

			506

			597

			672

			Other current assets

			5,485

			3,815

			4,307

			Total current assets

			732,315

			955,682

			755,654

			Property, plant and equipment, net

			325,492

			307,654

			324,768

			Right-of-use assets operating, net

			10,953

			13,841

			10,004

			Right-of-use assets finance, net

			12,318

			18,660

			13,224

			Pension assets

			76,316

			52,254

			75,733

			Other assets

			1,950

			21,034

			2,046

			Total assets

			$
			1,159,344

			$
			1,369,125

			$
			1,181,429

			Liabilities and Stockholders' Equity

			Current liabilities:

			Accounts payable

			$
			85,755

			$
			62,460

			$
			43,580

			Note payable

			-

			13,921

			-

			Deferred revenue

			8,313

			5,061

			11,140

			Accrued vacation