Kirkland's, inc (KIRK)
Balance Sheet / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Oct'18Aug'18Jul'18May'18Apr'18Feb'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value

30,132

4,202

14,650

32,523

57,946

23,837

23,837

35,359

35,359

58,242

58,242

80,156

80,156

27,885

48,694

59,804

63,937

28,260

29,581

38,203

44,352

32,358

49,126

93,437

99,138

56,642

68,468

82,418

89,050

54,634

63,489

74,111

67,797

34,339

49,614

73,162

83,123

60,343

75,106

90,254

91,222

58,831

65,688

Inventories, net

94,674

140,222

108,233

90,406

84,434

113,759

113,759

95,466

95,466

83,164

83,164

81,255

81,255

104,741

71,283

72,565

73,191

99,989

74,166

69,107

68,222

95,460

65,895

58,291

55,775

77,456

57,364

50,702

52,637

68,833

53,979

47,889

49,577

64,191

49,773

47,484

47,306

59,940

47,656

44,620

44,452

56,851

43,413

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,491

-

-

-

4,479

3,727

-

-

2,664

3,880

-

-

3,332

3,478

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,538

2,969

2,828

2,857

2,777

1,687

1,630

1,638

1,602

1,497

1,635

1,725

1,657

2,174

3,274

3,571

3,528

4,013

3,309

Prepaid expenses and other current assets

6,705

8,417

8,662

9,598

15,561

23,314

23,314

21,053

21,053

15,848

15,848

15,988

15,988

25,644

21,565

12,893

15,912

19,503

19,874

13,627

15,206

18,056

14,501

8,343

8,878

12,549

12,534

8,595

8,817

7,989

12,258

7,591

10,202

9,917

10,138

8,118

7,784

11,176

9,283

6,810

7,468

8,321

7,310

Total current assets

131,511

152,841

131,545

132,527

157,941

160,910

160,910

151,878

151,878

157,254

157,254

177,399

177,399

158,270

141,542

145,262

153,040

147,752

123,621

120,937

127,780

145,874

129,522

160,071

167,329

149,616

141,194

144,572

153,281

137,634

131,356

131,229

129,178

114,423

114,887

130,489

139,870

136,297

139,199

145,255

146,670

131,348

123,198

Property and equipment:
Equipment

21,390

21,524

21,575

21,562

21,425

21,878

21,878

21,025

21,025

20,935

20,935

20,835

20,835

20,618

20,091

19,588

19,525

19,321

19,107

19,305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Furniture and fixtures

80,622

80,869

81,184

81,405

81,523

82,361

82,361

81,371

81,371

80,947

80,947

80,299

80,299

79,481

78,432

77,678

78,492

77,390

75,533

72,773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Leasehold improvements

123,022

125,294

126,812

126,673

126,784

126,843

126,843

124,133

124,133

122,282

122,282

119,272

119,272

116,251

112,435

109,418

109,494

107,640

104,431

100,449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Computer software and hardware

73,984

73,311

72,121

70,622

69,444

67,911

67,911

63,474

63,474

62,342

62,342

59,331

59,331

57,683

56,532

55,602

52,740

51,158

50,238

47,792

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Projects in progress

6,862

11,815

10,791

9,925

8,344

8,899

8,899

12,637

12,637

10,460

10,460

7,685

7,685

9,046

6,400

5,136

5,520

6,932

5,217

6,346

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, gross

305,880

312,813

312,483

310,187

307,520

307,892

307,892

302,640

302,640

296,966

296,966

287,422

287,422

283,079

273,890

267,422

265,771

262,441

254,526

246,665

240,020

237,446

220,599

208,817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated depreciation

223,017

216,717

209,917

203,861

196,697

192,617

192,617

185,572

185,572

180,154

180,154

174,383

174,383

167,952

162,667

156,553

154,901

148,508

142,369

138,039

134,478

130,446

125,695

120,384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

82,863

96,096

102,566

106,326

110,823

115,275

115,275

117,068

117,068

116,812

116,812

113,039

113,039

115,127

111,223

110,869

110,870

113,933

112,157

108,626

105,542

107,000

94,904

88,433

90,992

90,683

86,201

82,768

80,329

79,664

77,537

76,964

78,499

76,004

68,840

61,414

60,315

58,366

51,940

46,013

46,231

45,125

39,660

Operating lease right-of-use assets

200,067

210,213

219,648

225,100

0

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Income Tax Assets, Net

1,525

-

-

-

1,703

-

1,255

-

1,344

-

2,004

-

2,216

968

1,022

1,144

1,198

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

803

1,086

1,150

1,108

2,412

1,394

1,456

1,440

3,656

4,314

Deferred income taxes

-

944

9,010

5,326

-

1,255

-

1,344

-

2,004

-

2,216

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

6,476

6,283

6,229

6,144

6,681

7,201

7,201

7,248

7,248

6,531

6,531

6,543

6,543

6,552

6,026

5,815

5,038

3,135

3,184

2,659

1,934

2,107

2,565

2,283

2,166

2,125

2,065

2,028

1,838

1,823

1,757

1,680

1,559

1,457

1,425

1,496

1,296

1,176

847

879

736

684

634

Total assets

422,442

466,377

468,998

475,423

277,148

284,641

284,641

277,538

277,538

282,601

282,601

299,197

299,197

280,917

259,813

263,090

270,146

264,820

238,962

232,222

235,256

254,981

226,991

250,787

260,487

242,424

229,460

229,368

235,448

219,121

210,650

209,873

209,236

192,687

186,238

194,549

202,589

198,251

193,380

193,603

195,077

180,813

167,806

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts Payable, Trade, Current

59,513

-

-

-

40,004

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

68,395

60,537

33,081

-

55,001

55,001

42,849

42,849

35,362

35,362

45,602

45,602

44,030

29,166

25,124

32,890

44,062

29,067

22,641

26,431

53,962

27,951

26,072

24,705

32,049

22,434

19,465

23,102

24,751

21,442

20,933

21,642

27,793

22,583

18,050

21,592

24,975

17,011

19,824

20,236

25,923

18,419

Accounts payable to related party vendor

0

0

0

9,736

8,166

11,261

11,261

6,747

6,747

7,800

7,800

7,523

7,523

7,671

4,618

4,791

5,008

8,614

3,317

2,112

2,258

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

0

0

701

-

0

0

0

0

4,362

4,362

4,943

4,943

0

0

4,891

6,273

0

0

-

4,863

-

-

191

5,648

-

0

866

5,875

-

0

-

1,352

-

-

1,931

3,146

-

-

601

1,289

0

0

Accrued expenses

28,773

23,527

24,646

23,310

38,366

34,466

34,466

35,345

35,345

35,021

35,021

38,872

38,872

34,699

31,030

31,633

30,270

29,711

26,446

27,647

25,943

26,927

25,319

24,655

27,027

25,296

22,440

22,870

23,670

23,886

21,470

21,719

21,009

19,874

20,772

18,637

21,805

21,145

21,527

20,287

24,364

21,625

21,878

Operating lease liabilities

53,154

53,210

53,561

52,090

0

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

141,440

145,132

138,744

118,918

86,536

100,728

100,728

84,941

84,941

82,545

82,545

96,940

96,940

86,400

64,814

66,439

74,441

82,387

58,830

52,400

59,495

80,889

53,270

50,918

57,380

57,345

44,874

43,201

52,647

48,637

42,912

42,652

44,003

47,667

43,355

38,618

46,543

46,120

38,538

40,712

45,889

47,548

40,297

Deferred rent

0

0

0

0

51,871

53,944

53,944

53,080

53,080

54,235

54,235

53,303

53,303

54,196

53,384

52,956

52,656

53,846

52,185

49,974

48,280

45,962

42,695

41,057

41,995

40,831

39,519

39,435

38,976

38,906

38,222

38,572

39,303

37,490

35,545

34,369

34,311

30,578

27,690

26,548

27,259

27,001

24,641

Operating lease liabilities

195,736

206,789

218,700

228,345

0

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving line of credit

-

25,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

0

0

-

-

27

27

411

411

-

0

-

0

2,561

2,172

957

479

1,689

1,784

1,191

1,342

757

578

435

4,138

3,116

3,274

3,239

3,337

2,966

3,074

3,057

3,128

-

-

-

-

-

-

-

-

-

-

Other liabilities

8,311

8,883

9,148

8,352

7,941

8,692

8,692

9,049

9,049

8,416

8,416

8,193

8,193

9,916

9,674

9,475

8,757

8,347

7,610

7,054

6,444

5,934

6,156

5,960

5,912

5,474

5,416

5,495

5,259

5,406

5,425

5,206

4,927

4,593

4,614

4,264

4,073

4,445

4,309

4,067

3,640

3,331

3,082

Total liabilities

345,487

385,804

366,592

355,615

146,348

163,391

163,391

147,481

147,481

145,196

145,196

158,436

158,436

153,073

130,044

129,827

136,333

146,269

120,409

110,619

115,561

133,542

102,699

98,370

109,425

106,766

93,083

91,370

100,219

95,915

89,633

89,487

91,361

89,750

83,514

77,251

84,927

81,143

70,537

71,327

76,788

77,880

68,020

Commitments and contingencies (Note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

Shareholders’ equity:
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at February 1, 2020, and February 2, 2019

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

Common stock, no par value, 100,000,000 shares authorized; 13,955,826 and 14,504,824 shares issued and outstanding at February 1, 2020, and February 2, 2019, respectively

172,885

171,585

170,869

170,105

169,477

168,725

168,725

168,198

168,198

167,999

167,999

167,501

167,501

167,063

166,408

166,130

165,245

164,526

163,682

163,165

162,173

161,253

160,469

159,584

159,015

158,295

157,576

156,907

156,193

156,496

155,315

154,107

153,369

152,684

152,055

151,235

150,352

149,256

148,611

147,564

146,747

145,773

144,905

Accumulated deficit

-95,930

-91,012

-68,463

-50,297

-38,677

-47,475

-47,475

-38,141

-38,141

-30,594

-30,594

-26,740

-26,740

-39,219

-36,639

-32,867

-31,432

-45,975

-45,129

-41,562

-42,478

-39,814

-36,177

-7,167

-7,953

-22,637

-21,199

-18,909

-20,964

-33,290

-34,298

-33,721

-35,494

-49,747

-49,331

-33,937

-32,690

-32,148

-25,768

-25,288

-28,458

-42,840

-45,119

Stockholders' Equity Attributable to Parent

76,955

80,573

102,406

119,808

130,800

121,250

121,250

130,057

130,057

137,405

137,405

140,761

140,761

127,844

129,769

133,263

133,813

118,551

118,553

121,603

119,695

121,439

124,292

152,417

151,062

135,658

136,377

137,998

135,229

123,206

121,017

120,386

117,875

102,937

102,724

117,298

117,662

117,108

122,843

122,276

118,289

102,933

99,786

Total liabilities and shareholders’ equity

422,442

466,377

468,998

475,423

277,148

284,641

284,641

277,538

277,538

282,601

282,601

299,197

299,197

280,917

259,813

263,090

270,146

264,820

238,962

232,222

235,256

254,981

226,991

250,787

260,487

242,424

229,460

229,368

235,448

219,121

210,650

209,873

209,236

192,687

186,238

194,549

202,589

198,251

193,380

193,603

195,077

180,813

167,806