LL Flooring Holdings (LL) annual balance sheet covering fiscal 2017 through 2022, as reported to the SEC.
Total Assets have grown 8.4% a year on average since fiscal 2017, from $410.8M to $613.95M.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||||||
Current Assets: | |||||||||||||||||||||
Cash and Cash Equivalents | |||||||||||||||||||||
10,800 | 85,189 | 169,941 | 8,993 | 11,565 | 19,938 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash and Cash Equivalents | 10,800 | 85,189 | 169,941 | 8,993 | 11,565 | 19,938 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Merchandise Inventories, Net | |||||||||||||||||||||
332,296 | 254,385 | 244,409 | 286,369 | 318,272 | 262,280 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Merchandise Inventories, Net | 332,296 | 254,385 | 244,409 | 286,369 | 318,272 | 262,280 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid Expenses | |||||||||||||||||||||
9,054 | 9,160 | 9,370 | 8,288 | 6,299 | 9,108 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid Expenses | 9,054 | 9,160 | 9,370 | 8,288 | 6,299 | 9,108 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income Tax Receivable | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income Tax Receivable | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deposit for Legal Settlement | |||||||||||||||||||||
- | - | - | 21,500 | 21,500 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deposit for Legal Settlement | - | - | - | 21,500 | 21,500 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Tariff Recovery Receivable | |||||||||||||||||||||
- | - | 4,078 | 27,025 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Tariff Recovery Receivable | - | - | 4,078 | 27,025 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Tax Asset | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred Tax Asset | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other Current Assets | |||||||||||||||||||||
17,598 | 11,094 | 10,354 | 6,938 | 8,667 | 6,670 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other Current Assets | 17,598 | 11,094 | 10,354 | 6,938 | 8,667 | 6,670 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Current Assets | |||||||||||||||||||||
369,748 | 359,828 | 438,152 | 359,113 | 366,303 | 297,996 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Current Assets | 369,748 | 359,828 | 438,152 | 359,113 | 366,303 | 297,996 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Property and Equipment, Net | |||||||||||||||||||||
101,758 | 96,926 | 97,557 | 98,733 | 93,689 | 100,491 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property and Equipment, Net | 101,758 | 96,926 | 97,557 | 98,733 | 93,689 | 100,491 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating Lease Right-of-Use Assets | |||||||||||||||||||||
123,172 | 119,510 | 109,475 | 121,796 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating Lease Right-of-Use Assets | 123,172 | 119,510 | 109,475 | 121,796 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Goodwill | |||||||||||||||||||||
- | 9,693 | 9,693 | 9,693 | 9,693 | 9,693 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill | - | 9,693 | 9,693 | 9,693 | 9,693 | 9,693 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Tax Assets, Net | |||||||||||||||||||||
13,697 | 11,336 | 11,611 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred Tax Assets, Net | 13,697 | 11,336 | 11,611 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other Assets | |||||||||||||||||||||
5,578 | 8,599 | 7,860 | 6,674 | 5,832 | 2,615 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other Assets | 5,578 | 8,599 | 7,860 | 6,674 | 5,832 | 2,615 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Assets | |||||||||||||||||||||
613,953 | 605,892 | 674,348 | 596,009 | 475,517 | 410,795 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Assets | 613,953 | 605,892 | 674,348 | 596,009 | 475,517 | 410,795 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Liabilities and Stockholders' Equity | |||||||||||||||||||||
Current Liabilities: | |||||||||||||||||||||
Accounts Payable | |||||||||||||||||||||
47,733 | 63,464 | 70,543 | 59,827 | 73,412 | 67,676 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts Payable | 47,733 | 63,464 | 70,543 | 59,827 | 73,412 | 67,676 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Customer Deposits and Store Credits | |||||||||||||||||||||
43,767 | 67,063 | 61,389 | 41,571 | 40,332 | 38,546 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Customer Deposits and Store Credits | 43,767 | 67,063 | 61,389 | 41,571 | 40,332 | 38,546 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued Compensation | |||||||||||||||||||||
9,070 | 10,128 | 15,347 | 11,742 | 9,265 | 12,101 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued Compensation | 9,070 | 10,128 | 15,347 | 11,742 | 9,265 | 12,101 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Sales and Income Tax Liabilities | |||||||||||||||||||||
3,574 | 4,297 | 5,793 | 7,225 | 4,200 | 4,273 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Sales and Income Tax Liabilities | 3,574 | 4,297 | 5,793 | 7,225 | 4,200 | 4,273 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrual for Legal Matters and Settlements - Current | |||||||||||||||||||||
22,159 | 33,611 | 30,398 | 67,471 | 97,625 | 36,960 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrual for Legal Matters and Settlements - Current | 22,159 | 33,611 | 30,398 | 67,471 | 97,625 | 36,960 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating Lease Liabilities - Current | |||||||||||||||||||||
34,509 | 33,060 | 33,024 | 31,333 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating Lease Liabilities - Current | 34,509 | 33,060 | 33,024 | 31,333 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other Current Liabilities | |||||||||||||||||||||
19,712 | 20,717 | 25,761 | 18,937 | 17,290 | 18,605 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other Current Liabilities | 19,712 | 20,717 | 25,761 | 18,937 | 17,290 | 18,605 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Current Liabilities | |||||||||||||||||||||
180,524 | 232,340 | 242,255 | 238,106 | 242,124 | 178,161 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Current Liabilities | 180,524 | 232,340 | 242,255 | 238,106 | 242,124 | 178,161 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other Long-Term Liabilities | |||||||||||||||||||||
6,162 | 4,268 | 13,293 | 13,757 | 20,203 | 19,235 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other Long-Term Liabilities | 6,162 | 4,268 | 13,293 | 13,757 | 20,203 | 19,235 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating Lease Liabilities - Long-Term | |||||||||||||||||||||
99,186 | 97,163 | 90,194 | 100,470 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating Lease Liabilities - Long-Term | 99,186 | 97,163 | 90,194 | 100,470 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Tax Liability | |||||||||||||||||||||
- | - | - | 426 | 792 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred Tax Liability | - | - | - | 426 | 792 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Tax Liability | |||||||||||||||||||||
- | - | - | - | - | 552 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred Tax Liability | - | - | - | - | - | 552 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Credit Agreement | |||||||||||||||||||||
72,000 | - | 101,000 | 82,000 | 65,000 | 15,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Credit Agreement | 72,000 | - | 101,000 | 82,000 | 65,000 | 15,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Liabilities | |||||||||||||||||||||
357,872 | 333,771 | 446,742 | 434,759 | 328,119 | 212,948 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Liabilities | 357,872 | 333,771 | 446,742 | 434,759 | 328,119 | 212,948 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Stockholders' Equity: | |||||||||||||||||||||
Common Stock ($0.001 par value; 35,000 shares authorized; 30,971 and 30,758 shares issued and 28,840 and 28,695 shares outstanding at September 30, 2023, and December 31, 2022, respectively) | |||||||||||||||||||||
31 | 31 | 30 | 30 | 32 | 31 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common Stock ($0.001 par value; 35,000 shares authorized; 30,971 and 30,758 shares issued and 28,840 and 28,695 shares outstanding at September 30, 2023, and December 31, 2022, respectively) | 31 | 31 | 30 | 30 | 32 | 31 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Treasury Stock, at cost (2,131 and 2,063 shares, respectively) | |||||||||||||||||||||
153,331 | 145,337 | 142,977 | 142,314 | 141,828 | 140,875 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Treasury Stock, at cost (2,131 and 2,063 shares, respectively) | 153,331 | 145,337 | 142,977 | 142,314 | 141,828 | 140,875 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Additional Capital | |||||||||||||||||||||
231,839 | 227,804 | 222,628 | 218,616 | 213,744 | 208,629 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Additional Capital | 231,839 | 227,804 | 222,628 | 218,616 | 213,744 | 208,629 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Retained Earnings | |||||||||||||||||||||
177,542 | 189,623 | 147,925 | 86,498 | 76,835 | 131,214 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Retained Earnings | 177,542 | 189,623 | 147,925 | 86,498 | 76,835 | 131,214 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated Other Comprehensive Loss | |||||||||||||||||||||
- | - | - | -1,580 | -1,385 | -1,152 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated Other Comprehensive Loss | - | - | - | -1,580 | -1,385 | -1,152 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Stockholders' Equity | |||||||||||||||||||||
256,081 | 272,121 | 227,606 | 161,250 | 147,398 | 197,847 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Stockholders' Equity | 256,081 | 272,121 | 227,606 | 161,250 | 147,398 | 197,847 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Liabilities and Stockholders' Equity | |||||||||||||||||||||
613,953 | 605,892 | 674,348 | 596,009 | 475,517 | 410,795 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Liabilities and Stockholders' Equity | 613,953 | 605,892 | 674,348 | 596,009 | 475,517 | 410,795 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||