Company: ACEL
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001698991-25-000023
Chunk: 5

Company: Accel Entertainment, Inc.
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 1
Chunk 5
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prehensive income attributable to Accel Entertainment, Inc.$13,506 $8,497 

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

1

Table of Contents

 ACCEL ENTERTAINMENT, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands, except par value and share amounts)March 31,December 3120252024AssetsCurrent assets:Cash and cash equivalents$271,939 $281,305 Accounts receivable, net12,673 10,550 Prepaid expenses8,606 8,950 Inventories8,558 8,122 Interest rate caplets5,024 6,342 Other current assets9,686 10,883 Total current assets316,486 326,152 Property and equipment, net321,802 307,997 Noncurrent assets:Route and customer acquisition costs, net23,578 23,258 Location contracts acquired, net197,539 202,618 Goodwill116,252 116,252 Other intangible assets, net53,344 53,940 Interest rate caplets, net of current— 479 Other assets18,255 17,702 Total noncurrent assets408,968 414,249 Total assets$1,047,256 $1,048,398 Liabilities, Temporary equity, and Stockholders’ equityCurrent liabilities:Current maturities of debt$34,280 $34,443 Current portion of route and customer acquisition costs payable2,218 2,197 Accrued location gaming expense10,175 4,734 Accrued state gaming expense20,203 19,802 Accounts payable and other accrued expenses51,892 41,944 Accrued compensation and related expenses8,863 12,117 Current portion of consideration payable3,137 3,116 Total current liabilities130,768 118,353 Long-term liabilities:Debt, net of current maturities546,425 560,936 Route and customer acquisition costs payable, less current portion7,475 7,160 Consideration payable, less current portion14,403 14,596 Contingent earnout share liability30,748 33,103 Other long-term liabilities 7,886 7,571 Deferred income tax liability, net46,231 47,