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IAA, Inc. – ‘10-Q’ for 7/3/22 – ‘EX-31.1’

On:  Tuesday, 8/9/22, at 2:37pm ET   ·   For:  7/3/22   ·   Accession #:  1745041-22-14   ·   File #:  1-38580

Previous ‘10-Q’:  ‘10-Q’ on 5/10/22 for 4/3/22   ·   Next & Latest:  ‘10-Q’ on 11/9/22 for 10/2/22   ·   6 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 8/09/22  IAA, Inc.                         10-Q        7/03/22   58:6.1M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   1.45M 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     20K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     21K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     17K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     17K 
11: R1          Cover Page                                          HTML     71K 
12: R2          Consolidated Statements of Income                   HTML     85K 
13: R3          Consolidated Statements of Comprehensive Income     HTML     37K 
14: R4          Consolidated Balance Sheets                         HTML    139K 
15: R5          Consolidated Balance Sheets (Parenthetical)         HTML     46K 
16: R6          Consolidated Statements of Stockholders' Equity     HTML     85K 
17: R7          Consolidated Statements of Cash Flows               HTML    125K 
18: R8          Basis of Presentation and Nature of Operations      HTML     24K 
19: R9          Revenue Recognition                                 HTML     28K 
20: R10         Stock-Based Compensation Plans                      HTML     37K 
21: R11         Net Income Per Share                                HTML     50K 
22: R12         Debt                                                HTML     40K 
23: R13         Accounts Receivable                                 HTML     28K 
24: R14         Leases                                              HTML     72K 
25: R15         Acquisition                                         HTML     39K 
26: R16         Commitments and Contingencies                       HTML     30K 
27: R17         Segment Information                                 HTML    126K 
28: R18         Basis of Presentation and Nature of Operations      HTML     29K 
                (Policies)                                                       
29: R19         Stock-Based Compensation Plans (Tables)             HTML     31K 
30: R20         Net Income Per Share (Tables)                       HTML     49K 
31: R21         Debt (Tables)                                       HTML     28K 
32: R22         Accounts Receivable (Tables)                        HTML     28K 
33: R23         Leases (Tables)                                     HTML     46K 
34: R24         Acquisition (Tables)                                HTML     40K 
35: R25         Segment Information (Tables)                        HTML    123K 
36: R26         Basis of Presentation and Nature of Operations      HTML     20K 
                (Details)                                                        
37: R27         Revenue Recognition (Details)                       HTML     30K 
38: R28         Stock-Based Compensation Plans - Narrative          HTML     71K 
                (Details)                                                        
39: R29         Stock-Based Compensation Plans - Schedule of        HTML     31K 
                Granted Stock-Based Awards (Details)                             
40: R30         Net Income Per Share - Computation of Net Income    HTML     54K 
                Per Share (Details)                                              
41: R31         Net Income Per Share - Anti-dilutive Securities     HTML     25K 
                (Details)                                                        
42: R32         Net Income Per Share - Narrative (Details)          HTML     25K 
43: R33         Debt- Schedule of Long-Term Debt (Details)          HTML     33K 
44: R34         Debt - Narrative (Details)                          HTML     89K 
45: R35         Accounts Receivable (Details)                       HTML     31K 
46: R36         Leases - Components of Lease Expense (Details)      HTML     27K 
47: R37         Leases - Supplemental Cash Flow and Balance Sheet   HTML     30K 
                Information Related to Leases (Details)                          
48: R38         Acquisition - Narrative (Details)                   HTML     43K 
49: R39         Acquisition - Fair Value of Consideration           HTML     25K 
                Transferred (Details)                                            
50: R40         Acquisition - Preliminary Fair Values of Assets     HTML     49K 
                Acquired and Liabilities Assumed (Details)                       
51: R41         Acquisition - Summary of Purchase Price Accounting  HTML     22K 
                and Pro forma Information (Details)                              
52: R42         Commitments and Contingencies (Details)             HTML     33K 
53: R43         Segment Information (Details)                       HTML    116K 
56: XML         IDEA XML File -- Filing Summary                      XML     97K 
54: XML         XBRL Instance -- iaa-20220703_htm                    XML   1.47M 
55: EXCEL       IDEA Workbook of Financial Reports                  XLSX     97K 
 7: EX-101.CAL  XBRL Calculations -- iaa-20220703_cal                XML    133K 
 8: EX-101.DEF  XBRL Definitions -- iaa-20220703_def                 XML    381K 
 9: EX-101.LAB  XBRL Labels -- iaa-20220703_lab                      XML   1.10M 
10: EX-101.PRE  XBRL Presentations -- iaa-20220703_pre               XML    644K 
 6: EX-101.SCH  XBRL Schema -- iaa-20220703                          XSD    104K 
57: JSON        XBRL Instance as JSON Data -- MetaLinks              290±   422K 
58: ZIP         XBRL Zipped Folder -- 0001745041-22-000014-xbrl      Zip    374K 


‘EX-31.1’   —   Certification — §302 – SOA’02


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EXHIBIT 31.1
Certification of Chief Executive Officer
Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
I, John W. Kett, certify that:
1)I have reviewed this Quarterly Report on Form 10-Q of IAA, Inc.;
2)Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3)Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4)The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)    evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)    disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5)The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a)all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b)any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
/s/ John W. Kett
President and Chief Executive Officer
Date: August 9, 2022


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:8/9/228-K
For Period end:7/3/22
 List all Filings 


5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/10/23  IAA, Inc.                         DEFM14A                1:9.1M                                   Broadridge Fin’l So… Inc
 2/10/23  RB Global Inc.                    424B3                  1:9.9M                                   Broadridge Fin’l So… Inc
 2/09/23  RB Global Inc.                    S-4/A                  7:10M                                    Broadridge Fin’l So… Inc
 2/01/23  RB Global Inc.                    S-4/A                 13:17M                                    Broadridge Fin’l So… Inc
12/14/22  RB Global Inc.                    S-4                   11:9.7M                                   Broadridge Fin’l So… Inc


1 Previous Filing that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/28/19  IAA, Inc.                         8-K:1,3,5,8 6/28/19    9:1.4M                                   Broadridge Fin’l So… Inc
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Filing Submission 0001745041-22-000014   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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