Workflow
Burlington Stores(BURL) - 2025 Q1 - Quarterly Report
BURLBurlington Stores(BURL)2024-05-30 20:15
  1. Income Taxes As of May 4, 2024, the Company had a deferred tax asset related to net operating losses of 5.1million,inclusiveof5.1 million, inclusive of 4.8 million related to state net operating losses that expire at various dates between 2025 and 2041, as well as 0.3millionrelatedtoPuertoRiconetoperatinglossesthatwillexpirein2025.8.CapitalStockDuringthethreemonthperiodendedMay4,2024,theCompanyacquired63,407sharesofcommonstockfromemployeesforapproximately0.3 million related to Puerto Rico net operating losses that will expire in 2025. 8. Capital Stock During the three month period ended May 4, 2024, the Company acquired 63,407 shares of common stock from employees for approximately 12.2 million to satisfy their ...