v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 316,911 $ 330,017
Short-term investments 6,216 6,019
Trade receivables, net of allowances for credit losses of $21,313 and $19,493, respectively 657,055 473,511
Grower advance receivables, net of allowances for credit losses of $34,004 and $29,304, respectively 107,943 104,956
Other receivables, net of allowances for credit losses of $14,804 and $15,248, respectively 136,724 125,412
Inventories, net of allowances of $4,325 and $4,178, respectively 415,773 430,090
Prepaid expenses 69,717 66,136
Other current assets 16,662 15,111
Fresh Vegetables current assets held for sale 351,177 332,042
Other assets held for sale 2,491 1,419
Total current assets 2,080,669 1,884,713
Long-term investments 14,294 14,630
Investments in unconsolidated affiliates 138,128 129,322
Actively marketed property 45,391 45,778
Property, plant and equipment, net of accumulated depreciation of $573,635 and $498,895, respectively 1,099,285 1,082,056
Operating lease right-of-use assets 357,685 337,468
Goodwill 448,798 429,590
DOLE brand 306,280 306,280
Other intangible assets, net of accumulated amortization of $131,007 and $118,956, respectively 22,378 25,238
Other assets 116,538 108,804
Deferred tax assets, net 83,836 82,484
Total assets 4,713,282 4,446,363
LIABILITIES AND EQUITY    
Accounts payable 727,335 648,586
Income taxes payable 47,052 42,753
Accrued liabilities 429,844 437,017
Bank overdrafts 25,404 11,443
Current portion of long-term debt, net 73,639 80,097
Current maturities of operating leases 68,144 62,896
Payroll and other tax 32,499 28,056
Contingent consideration 4,745 3,399
Pension and other postretirement benefits 18,116 18,491
Fresh Vegetables current liabilities held for sale 195,737 244,669
Dividends payable and other current liabilities 22,934 14,696
Total current liabilities 1,645,449 1,592,103
Long-term debt, net 998,876 866,075
Operating leases, less current maturities 293,669 280,836
Deferred tax liabilities, net 68,568 79,598
Income taxes payable, less current portion 0 6,210
Contingent consideration, less current portion 1,195 4,007
Pension and other postretirement benefits, less current portion 130,944 129,870
Other long-term liabilities 50,821 52,746
Total liabilities 3,189,522 3,011,445
Contingencies (See Note 16)    
Redeemable noncontrolling interests $ 35,398 $ 35,554
Common stock, shares outstanding (in shares) 95,163 95,041
Stockholders’ equity:    
Common stock — $0.01 par value; 300,000 shares authorized; 95,163 and 95,041 shares outstanding as of June 30, 2025 and December 31, 2024, respectively $ 952 $ 950
Additional paid-in capital 798,457 801,099
Retained earnings 690,355 657,430
Accumulated other comprehensive loss (113,372) (166,180)
Total equity attributable to Dole plc 1,376,392 1,293,299
Equity attributable to noncontrolling interests 111,970 106,065
Total equity 1,488,362 1,399,364
Total liabilities, redeemable noncontrolling interests and equity $ 4,713,282 $ 4,446,363