Advanced Drainage Systems Files 2024 10-K
Ticker: WMS · Form: 10-K · Filed: 2024-05-16T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
ADS filed its 2024 10-K. Full year financials and biz ops detailed.
AI Summary
Advanced Drainage Systems, Inc. filed its 10-K for the fiscal year ending March 31, 2024. The company, headquartered in Hilliard, Ohio, reported its financial performance and business operations. Key financial data and operational details are presented in this comprehensive annual filing.
Why It Matters
This filing provides investors and stakeholders with a detailed overview of Advanced Drainage Systems' financial health, strategic initiatives, and risks for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — 10-K filings inherently carry medium risk due to the comprehensive nature of financial and operational disclosures, which can reveal both strengths and weaknesses.
Key Players & Entities
- ADVANCED DRAINAGE SYSTEMS, INC. (company) — Filer of the 10-K
- Hilliard, OH (location) — Company headquarters
- March 31, 2024 (date) — Fiscal year end
- 2024 (date) — Fiscal year
FAQ
What is the primary business of Advanced Drainage Systems, Inc.?
Advanced Drainage Systems, Inc. is involved in the manufacturing of plastic foam products, with SIC code 3086.
Where is Advanced Drainage Systems, Inc. headquartered?
The company's business and mailing address is 4640 Trueman Boulevard, Hilliard, OH 43026.
What is the fiscal year end for Advanced Drainage Systems, Inc.?
The company's fiscal year ends on March 31.
What SEC Act is this filing under?
This filing is made under the 1934 Act.
What is the SEC file number for Advanced Drainage Systems, Inc.?
The SEC file number is 001-36557.
From the Filing
0001604028-24-000011.txt : 20240516 0001604028-24-000011.hdr.sgml : 20240516 20240516160309 ACCESSION NUMBER: 0001604028-24-000011 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 141 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240516 DATE AS OF CHANGE: 20240516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED DRAINAGE SYSTEMS, INC. CENTRAL INDEX KEY: 0001604028 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS FOAM PRODUCTS [3086] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 510105665 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36557 FILM NUMBER: 24955421 BUSINESS ADDRESS: STREET 1: 4640 TRUEMAN BOULEVARD CITY: HILLIARD STATE: OH ZIP: 43026 BUSINESS PHONE: 614-658-0050 MAIL ADDRESS: STREET 1: 4640 TRUEMAN BOULEVARD CITY: HILLIARD STATE: OH ZIP: 43026 10-K 1 wms-20240331.htm 10-K wms-20240331 FALSE 0001604028 2024 FY http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization iso4217:USD xbrli:shares iso4217:USD xbrli:shares wms:segment xbrli:pure wms:customer wms:consolidatedJointVenture wms:iNSTALLMENT utr:Rate 0001604028 2023-04-01 2024-03-31 0001604028 2023-09-30 0001604028 2024-05-09 0001604028 2024-03-31 0001604028 2023-03-31 0001604028 wms:RedeemableCommonStockMember 2024-03-31 0001604028 wms:RedeemableCommonStockMember 2023-03-31 0001604028 2022-04-01 2023-03-31 0001604028 2021-04-01 2022-03-31 0001604028 us-gaap:RevolvingCreditFacilityMember 2023-04-01 2024-03-31 0001604028 us-gaap:RevolvingCreditFacilityMember 2022-04-01 2023-03-31 0001604028 us-gaap:RevolvingCreditFacilityMember 2021-04-01 2022-03-31 0001604028 wms:PNCCreditAgreementMember 2023-04-01 2024-03-31 0001604028 wms:PNCCreditAgreementMember 2022-04-01 2023-03-31 0001604028 wms:PNCCreditAgreementMember 2021-04-01 2022-03-31 0001604028 2022-03-31 0001604028 2021-03-31 0001604028 us-gaap:CommonStockMember 2021-03-31 0001604028 us-gaap:AdditionalPaidInCapitalMember 2021-03-31 0001604028 us-gaap:TreasuryStockCommonMember 2021-03-31 0001604028 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-03-31 0001604028 us-gaap:RetainedEarningsMember 2021-03-31 0001604028 us-gaap:ParentMember 2021-03-31 0001604028 us-gaap:NoncontrollingInterestMember 2021-03-31 0001604028 us-gaap:RedeemableConvertiblePreferredStockMember 2021-03-31 0001604028 wms:DeferredCompensationUnearnedEsopSharesAdjustmentMember 2021-03-31 0001604028 us-gaap:RetainedEarningsMember 2021-04-01 2022-03-31 0001604028 us-gaap:ParentMember 2021-04-01 2022-03-31 0001604028 us-gaap:NoncontrollingInterestMember 2021-04-01 2022-03-31 0001604028 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-04-01 2022-03-31 0001604028 us-gaap:TreasuryStockCommonMember 2021-04-01 2022-03-31 0001604028 us-gaap:AdditionalPaidInCapitalMember 2021-04-01 2022-03-31 0001604028 wms:DeferredCompensationUnearnedEsopSharesAdjustmentMember 2021-04-01 2022-03-31 0001604028 us-gaap:CommonStockMember 2021-04-01 2022-03-31 0001604028 us-gaap:RedeemableConvertiblePreferredStockMember 2021-04-01 2022-03-31 0001604028 us-gaap:CommonStockMember 2022-03-31 0001604028 us-gaap:AdditionalPaidInCapitalMember 2022-03-31 0001604028 us-gaap:TreasuryStockCommonMember 2022-03-31 0001604028 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-03-31 0001604028 us-gaap:RetainedEarningsMember 2022-03-31 0001604028 us-gaap:ParentMember 2022-03-31 0001604028 us-gaap:NoncontrollingInterestMember 2022-03-31 00016