Lakeland industries inc (LAKE)
Balance Sheet / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Jul'15Apr'15Jan'15Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Jan'11
ASSETS
Current assets
Cash and cash equivalents

14,606

9,473

9,056

14,282

12,831

11,660

14,933

16,285

15,788

21,493

13,188

11,848

10,365

8,453

7,940

10,331

7,022

5,065

8,721

6,709

6,173

7,010

4,555

5,019

5,834

7,003

6,736

5,551

6,462

4,695

5,711

5,946

6,660

5,953

Accounts receivable, net of allowance for doubtful accounts of $497 and $434 at January 31, 2020 and 2019, respectively

17,702

17,413

17,990

15,167

16,477

16,271

13,627

14,578

14,119

13,032

13,763

12,689

10,704

11,322

11,978

11,649

11,476

15,711

14,769

13,277

15,988

14,635

13,795

15,047

13,643

14,126

13,782

15,597

14,365

16,188

12,576

15,242

16,700

14,377

Inventories

44,238

47,797

49,409

46,761

42,365

46,620

46,358

44,411

42,919

38,453

34,062

32,088

35,535

36,605

39,239

38,891

40,841

41,902

39,495

37,092

39,510

40,370

39,844

40,440

40,418

39,090

39,270

41,237

43,019

42,318

45,668

47,312

50,580

45,295

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,171

1,707

-

84

1,015

1,144

4,633

4,835

4,707

4,593

3,861

-

0

4,959

4,671

4,322

3,987

2,262

2,274

2,296

Assets of discontinued operations in Brazil

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6,447

6,335

-

-

-

19

205

744

813

1,990

1,922

2,003

1,998

2,980

-

3,669

Prepaid VAT and other taxes

1,228

1,316

1,123

1,351

1,478

1,971

2,759

1,903

2,119

1,824

1,332

1,202

1,361

1,516

1,430

1,177

1,143

1,657

1,216

1,717

1,417

908

470

628

1,483

1,626

1,564

2,244

1,998

2,125

1,772

1,225

1,476

1,814

Other current assets

2,033

2,622

2,434

2,558

2,319

2,902

2,432

2,237

1,555

1,843

1,923

2,156

2,121

2,018

2,925

2,848

1,635

2,773

3,184

2,361

2,203

2,185

2,108

2,484

1,973

2,052

1,703

1,986

1,938

2,046

1,993

1,832

2,166

2,318

Total current assets

79,807

78,621

80,012

80,119

75,470

79,424

80,109

79,414

76,500

76,645

64,268

59,983

60,086

59,914

64,683

66,603

62,117

67,192

74,847

68,635

69,926

69,946

65,481

68,233

67,420

64,645

63,871

73,567

74,377

73,701

73,707

76,802

79,858

75,724

Property and equipment, net

10,113

10,233

10,565

10,596

10,781

10,286

9,524

8,821

8,789

8,624

8,672

8,432

8,527

8,538

8,810

9,141

9,268

9,696

10,311

10,144

11,972

12,092

12,069

12,571

12,460

13,967

14,089

14,139

13,792

13,824

13,914

13,588

14,490

11,096

Operating lease right-of-use assets

2,244

2,482

2,670

2,234

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

150

150

150

150

901

901

901

901

976

1,051

1,101

1,101

881

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

5,939

6,600

6,964

7,425

7,267

7,205

7,253

7,369

7,557

12,764

13,287

13,210

13,515

14,098

12,783

12,783

14,338

13,101

13,101

13,101

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Prepaid VAT and other taxes

333

176

176

176

176

300

305

305

310

319

460

484

478

558

377

377

377

173

173

173

2,487

2,451

124

2,417

2,401

2,458

2,461

2,432

2,428

2,480

2,791

-

-

2,773

Security deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111

99

-

80

86

113

1,452

1,461

404

1,461

1,189

1,121

1,546

1,381

1,414

1,470

1,330

-

-

717

Other assets

98

121

127

144

158

168

189

342

354

239

220

91

176

92

8

-

188

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles, prepaid bank fees and other assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

-

141

141

171

1,239

1,384

1,533

1,782

1,663

517

477

3,931

3,867

4,226

4,527

8,739

9,053

4,765

Goodwill

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

871

5,529

5,496

5,794

6,132

6,258

6,625

6,297

Total assets

99,405

99,104

101,385

101,565

94,723

98,404

98,401

97,272

94,531

100,363

88,679

83,972

84,554

85,047

88,694

91,037

88,260

92,135

99,530

93,208

87,950

88,208

80,482

87,337

86,005

83,581

83,318

100,981

101,377

101,496

102,404

105,390

110,028

101,375

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts payable

7,204

6,246

8,290

10,440

6,214

7,687

8,744

7,844

6,855

8,547

8,217

5,263

4,928

4,833

6,616

7,366

4,254

8,508

8,512

7,763

8,225

9,978

8,181

9,241

9,262

7,459

6,704

7,360

8,203

6,002

4,600

5,389

6,675

6,474

Accrued compensation and benefits

1,300

1,699

1,739

1,655

1,137

1,381

1,411

1,708

1,771

1,216

1,205

1,101

1,311

1,149

995

846

1,157

1,047

854

1,120

2,015

1,532

1,189

1,299

990

1,240

975

1,738

1,567

1,897

1,304

1,934

1,939

1,411

Other accrued expenses

2,445

3,227

3,547

3,061

2,825

1,966

1,365

1,486

1,384

1,244

1,115

1,276

1,024

1,640

1,763

1,197

1,813

1,696

1,798

1,462

2,321

2,368

1,440

2,509

2,420

2,710

2,409

1,828

1,997

1,579

1,584

730

1,331

2,697

Current maturity of long-term debt

1,155

1,194

158

158

158

158

158

158

158

158

208

50

50

-

-

-

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liability

835

254

506

676

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities of discontinued operations in Brazil

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207

-

753

6,692

6,574

-

-

-

0

0

0

25

19

32

43

64

366

-

33

Current maturity of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

50

50

50

-

50

50

50

50

50

50

50

0

99

100

100

99

8,592

1,898

1,455

504

100

Current maturity of accrued arbitration award

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,760

1,760

10,000

0

-

-

-

Short-term borrowings

-

-

-

-

-

179

85

177

211

754

430

9

153

294

3,232

3,198

3,226

2,746

3,446

2,611

4,464

2,522

2,558

2,700

2,340

1,793

7,128

887

1,383

-

0

-

-

-

Term loans to TD Bank

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

5,285

-

5,815

6,080

-

0

-

-

-

Borrowings under revolving credit facility

-

-

332

-

-

-

-

-

-

0

0

2,363

4,865

5,771

6,160

9,281

9,458

8,897

8,666

5,642

13,384

13,497

12,415

11,790

10,403

9,558

9,558

9,558

9,058

6,742

0

-

-

-

Total current liabilities

12,939

12,620

14,572

15,990

10,334

11,371

11,763

11,373

10,379

11,919

11,175

10,062

12,331

13,737

18,816

22,145

19,958

23,697

31,018

26,222

31,461

30,950

26,834

28,592

26,417

29,146

27,902

29,069

30,183

34,857

9,453

9,876

10,451

10,717

Accrued arbitration award, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,637

2,870

3,336

3,566

3,758

4,008

4,258

4,460

4,710

4,906

5,257

-

0

-

-

-

Borrowings under revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

11,457

12,705

16,081

11,485

Long-term portion of debt

0

0

1,076

1,121

1,161

1,200

1,233

1,273

1,312

1,351

2,131

678

716

704

731

768

691

759

830

800

1,031

1,069

1,110

1,011

0

1,260

1,298

1,502

1,568

1,850

4,814

4,483

2,713

1,592

Long-term portion of operating lease liability

1,414

2,243

2,152

1,559

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total noncurrent liabilities

-

2,243

3,228

2,680

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debt, net of OID, including PIK interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,734

-

1,525

-

-

-

-

-

-

-

-

-

-

-

Subordinated debt, net of OID, including PIK interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,005

-

1,538

1,301

-

0

-

-

-

-

-

-

-

Other liabilities - accrued legal fees in Brazil

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

77

71

78

75

86

86

83

84

89

99

102

111

103

VAT taxes payable

-

-

-

-

-

-

-

-

-

-

6

6

-

8

8

8

95

118

130

60

3,328

3,327

2,705

3,330

3,331

3,328

3,328

3,322

3,322

-

3,312

-

-

-

VAT taxes payable long-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,312

-

3,312

3,314

3,309

Total liabilities

14,353

14,863

17,800

18,670

11,495

12,571

12,996

12,646

11,691

13,270

13,312

10,746

13,047

14,449

19,555

22,921

20,744

24,574

34,615

29,952

40,969

40,998

36,006

38,560

35,385

38,282

37,326

38,885

40,416

40,110

29,137

30,481

32,671

27,208

Commitments and contingencies

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Stockholders' equity
Preferred stock, $0.01 par; authorized 1,500,000 shares (none issued)

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

-

-

-

Preferred stock, $.01 par; authorized 1,500,000 shares (none issued)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Common stock, $0.01 par; authorized 10,000,000 shares, Issued 8,481,665 and 8,475,929; outstanding 7,972,423 and 8,013,840 at January 31, 2020 and 2019, respectively

85

85

85

85

85

85

85

85

85

85

77

76

76

76

76

76

76

76

74

74

57

57

57

57

57

56

56

56

56

55

55

55

55

55

Treasury stock, at cost; 509,242 and 462,089 shares at January 31, 2020 and 2019,

5,023

4,614

4,614

4,517

4,517

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,352

3,012

Additional paid-in capital

75,171

75,048

75,361

75,813

75,612

75,384

75,221

75,038

74,917

74,771

64,942

64,862

64,764

64,683

64,543

64,597

64,468

64,130

64,680

64,594

53,402

53,389

53,365

53,346

53,341

51,029

50,973

50,993

50,818

50,903

50,772

50,728

50,600

50,279

Retained earnings

17,581

16,376

15,230

13,835

14,300

16,227

15,726

14,709

12,841

17,759

15,954

14,112

12,401

11,454

9,942

8,511

8,508

7,917

5,883

4,654

-977

-592

-3,744

1,018

2,854

-1,316

-472

17,621

17,338

15,694

25,816

27,363

27,940

26,193

Accumulated other comprehensive loss

-2,762

-2,654

-2,477

-2,321

-2,252

-2,511

-2,275

-1,854

-1,651

-2,170

-2,254

-2,472

-2,382

-2,263

-2,070

-1,716

-2,184

-1,210

-2,370

-2,714

-2,148

-2,292

-1,848

-2,293

-2,280

-1,118

-1,214

-3,223

-3,899

-1,916

-25

-

-

651

Other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

2,113

-

Total stockholders' equity

85,052

84,241

83,585

82,895

83,228

85,833

85,405

84,626

82,840

87,093

75,367

73,226

71,507

70,598

69,139

68,116

67,516

67,561

64,915

63,256

46,980

47,209

44,476

48,777

50,620

45,298

45,991

62,095

60,961

61,385

73,266

74,908

77,357

74,167

Total liabilities and stockholders' equity

99,405

99,104

101,385

101,565

94,723

98,404

98,401

97,272

94,531

100,363

88,679

83,972

84,554

85,047

88,694

91,037

88,260

92,135

99,530

93,208

87,950

88,208

80,482

87,337

86,005

83,581

83,318

100,981

101,377

101,496

102,404

105,390

110,028

101,375