Hooker furniture corp (HOFT)
Balance Sheet / TTM
Feb'20Nov'19Aug'19May'19Feb'19Oct'18Jul'18Apr'18Jan'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jan'10
Assets
Current assets
Cash and cash equivalents

36,031

24,498

13,289

28,254

11,435

29,449

29,231

46,558

30,915

30,915

32,357

45,818

53,782

39,792

43,106

39,111

32,354

53,922

49,474

43,631

40,534

38,663

36,943

31,686

23,882

29,946

28,974

28,728

26,342

33,052

43,325

47,978

40,355

32,698

30,427

19,993

16,623

20,460

37,995

Accounts receivable

87,653

92,603

86,298

78,244

112,557

86,978

83,584

74,813

92,461

92,803

79,850

75,371

69,456

92,578

74,241

-

-

28,176

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts receivable, less allowance for doubtful accounts of $3,848 and $1,032 on each respective date

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

67,435

61,760

-

30,655

28,544

30,323

32,245

25,224

30,396

29,393

26,545

26,234

26,435

28,272

29,456

23,711

23,957

25,807

26,404

26,414

29,134

27,670

28,409

25,894

Inventories (see note 8)

92,813

103,615

113,593

110,765

105,204

100,743

98,465

84,203

84,459

84,459

83,550

82,036

79,444

75,303

74,722

76,862

77,670

43,713

42,019

47,019

43,956

44,973

44,595

43,587

49,016

48,995

48,494

46,506

49,872

38,854

35,820

30,524

34,136

42,937

42,108

49,441

57,438

55,622

36,176

Deferred taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,565

1,227

871

-

1,165

1,246

1,664

2,071

1,806

1,572

1,612

-

-

-

1,012

-

-

-

-

-

-

Income tax recoverable

751

2,348

3,856

-

0

-

-

-

-

-

954

-

-

-

-

-

-

-

-

233

178

-

36

0

682

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

4,719

4,119

6,966

6,957

5,735

6,667

6,137

5,565

5,314

5,314

5,220

4,246

3,539

4,244

4,209

4,354

3,694

2,256

2,456

2,138

2,133

2,353

2,334

2,397

2,413

3,075

2,881

2,652

3,569

4,593

3,749

3,389

3,182

5,450

5,018

5,987

4,965

-

-

Insurance proceeds receivable

-

-

-

-

-

4,000

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,457

3,468

Total current assets

221,967

227,183

224,002

224,220

234,931

227,837

217,417

211,139

213,149

213,491

201,931

207,471

206,221

211,917

196,278

187,762

175,478

128,067

126,169

122,792

117,995

118,234

110,297

109,312

107,050

110,632

108,389

105,893

109,667

105,955

106,605

105,848

104,492

107,489

103,967

104,555

106,696

109,948

103,533

Property, plant and equipment, net (See note 9)

29,907

30,782

30,925

30,638

29,482

28,105

27,647

28,572

29,249

29,249

30,846

25,507

25,703

25,803

26,477

27,521

28,192

22,768

22,896

22,808

22,591

22,824

23,185

22,840

23,752

23,594

23,347

23,125

22,829

22,913

22,570

23,268

21,669

20,947

21,279

-

20,663

-

-

Cash surrender value of life insurance policies (See note 11)

24,888

25,016

24,763

24,533

23,816

23,499

23,229

23,074

23,622

23,622

23,322

23,178

22,687

22,366

22,197

21,907

22,246

21,888

21,617

21,312

20,734

20,373

19,746

19,202

18,891

18,501

18,264

17,720

17,360

17,495

17,185

16,814

16,217

15,832

15,482

14,887

15,026

14,560

14,810

Deferred taxes (See note 17)

2,880

-

-

-

4,522

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes

-

3,035

2,349

2,170

-

2,979

2,494

1,617

3,264

3,264

5,512

6,019

4,971

7,264

7,091

7,240

6,633

5,350

4,057

3,982

4,194

5,892

4,135

4,121

4,051

4,321

4,300

4,434

4,379

-

-

-

5,114

-

-

-

-

-

-

Operating leases right-of-use assets (See note 12)

39,512

40,872

42,536

43,894

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,000

-

-

22,747

Property, plant, and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,173

-

Intangible assets, net (See note 10)

33,371

33,967

34,563

35,159

35,755

36,351

36,947

37,543

38,139

38,139

37,825

25,256

25,589

25,923

26,381

26,715

27,528

1,382

1,382

1,382

1,382

1,382

1,382

1,382

1,382

1,382

1,257

1,257

1,257

1,257

1,257

1,257

1,257

3,072

3,072

3,072

3,072

3,468

3,468

Goodwill (See notes 4 and 10)

40,058

40,058

40,058

40,058

40,058

40,058

40,058

40,058

40,058

40,058

40,832

23,187

23,187

23,187

24,057

23,398

23,398

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

1,125

1,528

1,414

1,247

1,152

1,453

2,258

2,271

2,235

2,235

2,249

2,241

2,225

2,236

2,252

2,178

2,190

2,198

2,300

2,051

2,051

2,050

1,666

1,703

355

332

331

331

331

4,844

5,088

5,599

422

4,462

5,017

4,925

4,954

4,691

4,541

Total non-current assets

171,741

175,258

176,608

177,699

134,785

132,445

132,633

133,135

136,567

136,567

140,586

105,388

104,362

106,779

108,455

108,959

110,187

53,586

52,252

51,535

50,952

52,521

50,114

49,248

48,431

-

-

-

46,156

-

-

-

-

-

-

148,439

-

-

-

Total assets

393,708

402,441

400,610

401,919

369,716

360,282

350,050

344,274

349,716

350,058

342,517

312,859

310,583

318,696

304,733

296,721

285,665

181,653

178,421

174,327

168,947

170,755

160,411

158,560

155,481

158,762

155,888

152,760

155,823

152,464

152,705

152,786

149,171

151,802

148,817

-

150,411

153,840

149,099

Liabilities and Shareholders’ Equity
Current liabilities
Current portion of term loans

5,834

5,833

5,846

5,829

5,829

6,112

6,532

6,942

7,528

7,528

7,526

5,822

5,820

5,817

5,817

5,817

5,816

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts payable

25,493

27,407

31,829

33,416

40,838

38,355

36,987

34,894

32,685

32,685

33,748

27,712

29,704

36,552

31,549

29,426

26,275

9,105

8,098

10,049

8,425

10,293

8,709

8,694

7,077

12,271

10,801

9,224

11,620

9,404

12,660

13,415

9,233

11,153

9,386

10,629

11,785

14,264

10,425

Accrued salaries, wages and benefits

4,933

5,449

5,146

4,736

8,002

9,019

7,557

6,357

9,218

9,218

8,373

7,049

4,450

8,394

6,893

5,668

4,771

4,834

4,713

3,908

2,873

4,824

3,295

2,805

3,478

3,068

3,073

2,604

3,316

3,585

2,321

2,656

3,855

3,223

2,816

2,475

3,426

2,427

2,184

Income tax accrual (See note 17)

0

0

0

1,292

3,159

1,419

112

4,019

3,711

3,711

0

953

4,347

4,323

1,499

2,389

733

357

1,141

0

0

1,368

-

142

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

3,351

13,030

5,498

6,140

3,023

-

-

-

-

4,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of lease liabilities

6,307

6,395

6,447

5,847

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

3,480

-

-

3,951

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

4,957

4,338

-

-

4,290

5,993

6,124

5,605

7,903

5,721

4,069

797

911

803

910

853

599

433

659

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Accrued commissions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

882

850

940

916

764

856

934

-

-

-

996

-

-

-

-

-

-

-

-

-

-

Other accrued expenses

4,211

3,913

4,597

2,901

3,564

3,464

3,659

3,385

2,894

2,894

3,338

3,288

2,951

3,369

4,126

3,373

2,435

1,512

911

915

942

813

809

832

759

1,695

1,549

1,241

1,535

2,728

2,090

1,424

792

1,730

2,284

1,678

1,111

1,662

1,953

Legal contingency

-

-

-

-

-

4,000

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,078

-

-

-

-

-

-

Accrued dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,075

1,078

1,079

-

1,078

1,078

1,078

1,077

1,077

1,077

Total current liabilities

50,129

62,027

59,363

60,161

64,415

65,849

59,804

59,935

59,987

60,329

57,275

50,817

53,396

64,060

57,787

52,394

44,099

16,605

16,656

16,525

14,090

19,067

14,176

13,762

12,907

17,034

15,423

13,069

17,467

16,792

18,149

18,574

14,958

17,184

15,564

15,860

17,399

19,430

15,639

Long term debt (See note 13)

24,282

25,253

26,697

28,171

29,628

31,574

33,031

34,488

45,778

45,778

47,660

38,858

40,314

41,772

43,226

44,680

46,234

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation (See note 14)

11,382

10,611

10,847

10,791

11,513

11,433

11,343

11,257

11,164

11,164

11,043

11,041

10,836

10,849

10,655

10,677

10,619

8,409

8,714

8,429

8,525

8,329

7,937

7,793

7,668

7,851

7,671

7,557

7,311

7,425

7,299

7,127

7,100

6,738

6,533

6,399

6,242

6,682

5,868

Lease liabilities

33,794

35,304

36,567

38,171

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension plan (See note 13)

-

-

-

-

-

0

2,366

2,348

2,441

2,441

3,017

3,008

3,397

3,499

3,596

4,881

4,967

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax accrual

-

-

-

-

-

-

-

-

-

-

-

-

-

-

121

169

168

-

165

161

89

90

132

117

103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

0

3

3

3

984

1,002

963

924

886

886

852

793

809

589

1,497

1,460

1,416

578

400

388

376

360

325

308

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Total long-term liabilities

69,458

71,171

74,114

77,136

42,125

44,009

47,703

49,017

60,269

60,269

62,572

53,700

55,356

56,709

59,095

61,867

63,404

8,987

9,279

8,978

8,990

8,779

8,394

8,218

7,771

-

-

-

7,311

-

-

-

-

-

-

-

-

-

-

Total liabilities

119,587

133,198

133,477

137,297

106,540

109,858

107,507

108,952

120,256

120,598

119,847

104,517

108,752

120,769

116,882

114,261

107,503

25,592

25,935

25,503

23,080

27,846

22,570

21,980

20,678

24,885

23,094

20,626

24,778

24,217

25,448

25,701

22,058

23,922

22,097

22,259

23,641

26,112

21,507

Shareholders’ equity
Common stock, no par value, 20,000 shares authorized, 11,838 and 11,785 shares issued and outstanding on each date

51,582

51,177

50,844

50,748

49,549

49,390

49,224

49,082

48,970

48,970

48,910

40,403

40,288

39,753

39,649

39,551

39,434

18,667

18,546

18,462

18,389

17,852

17,714

17,641

17,585

17,528

17,471

17,407

17,360

17,305

17,313

17,302

17,262

17,231

17,200

17,178

17,161

17,134

17,076

Retained earnings

223,252

218,131

215,986

213,599

213,380

200,457

192,775

185,728

180,122

180,122

173,245

167,434

161,047

157,688

148,097

142,793

138,601

137,255

134,191

130,642

127,786

125,392

120,045

118,849

117,120

116,197

115,155

114,542

113,483

110,860

109,853

109,683

109,742

110,193

109,013

108,444

109,000

110,261

110,073

Accumulated other comprehensive (loss) income

-713

-65

303

275

247

577

544

512

368

368

515

505

496

486

105

116

127

139

-251

-280

-308

-335

82

90

98

152

168

185

202

82

91

100

109

456

507

558

609

333

443

Total shareholders’ equity

274,121

269,243

267,133

264,622

263,176

250,424

242,543

235,322

229,460

229,460

222,670

208,342

201,831

197,927

187,851

182,460

178,162

156,061

152,486

148,824

145,867

142,909

137,841

136,580

134,803

133,877

132,794

132,134

131,045

128,247

127,257

127,085

127,113

127,880

126,720

126,180

126,770

127,728

-

Total shareholders equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

127,592

Total liabilities and shareholders’ equity

393,708

402,441

400,610

401,919

369,716

360,282

350,050

344,274

349,716

350,058

342,517

312,859

310,583

318,696

304,733

296,721

285,665

181,653

178,421

174,327

168,947

170,755

160,411

158,560

155,481

158,762

155,888

152,760

155,823

152,464

152,705

152,786

149,171

151,802

148,817

148,439

150,411

153,840

149,099