Franchise group, inc. (TAX)
Balance Sheet / Yearly
Dec'19Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12
Assets
Current assets:
Cash and cash equivalents

39,581

86,306

90,570

22,983

4,348

5,132

6,186

18,522

4,084

5,173

6,254

16,427

3,459

3,739

4,882

9,906

1,787

3,963

4,418

21,387

3,150

4,605

8,649

46,080

3,742

2,607

8,573

19,013

849

1,158

2,228

19,848

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

-

86,306

-

-

-

5,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables:
Accounts receivable

-

39,318

47,355

-

62,141

40,089

41,224

-

67,550

41,850

43,225

54,723

63,013

37,967

38,561

49,908

59,865

30,610

33,460

46,121

50,020

28,407

30,737

43,122

43,749

20,749

24,116

41,856

31,869

13,101

18,533

38,321

Notes receivable - current

-

30,541

25,163

-

69,513

38,014

29,402

-

69,015

39,445

33,493

27,845

79,122

43,658

34,474

26,710

90,858

43,815

35,214

24,465

76,233

41,114

32,861

27,715

89,566

52,074

32,470

34,156

96,933

58,503

46,916

30,283

interest receivable, current, net

-

2,281

1,826

-

3,480

2,500

2,023

-

4,476

3,487

2,554

-

5,201

3,777

2,826

-

5,156

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest receivable, net of uncollectible amounts

-

-

-

-

-

-

-

-

-

-

-

1,967

-

-

-

1,944

-

3,198

1,934

1,033

3,989

2,493

1,394

415

4,887

3,180

1,706

877

5,433

3,131

1,520

674

Allowance for doubtful accounts - current

-

8,563

10,344

-

10,878

11,937

11,917

-

7,987

8,235

8,745

10,052

8,529

6,852

6,284

6,840

5,993

6,184

6,208

5,692

5,760

5,437

5,684

5,596

4,636

4,948

4,481

5,583

4,649

4,721

4,474

4,496

Total current receivables, net

79,693

63,577

64,000

60,427

124,256

68,666

60,732

66,816

133,054

76,547

70,527

74,483

138,807

78,550

69,577

71,722

149,886

71,439

64,400

65,927

124,482

66,577

59,308

65,656

133,566

71,055

53,811

71,306

129,586

70,014

62,495

64,782

Assets Held-for-sale, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,606

4,001

3,619

0

-

-

-

Assets Held-for-sale, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,964

2,125

5,328

Income taxes receivable

-

427

6,917

-

16,329

14,890

4,989

-

14,820

14,726

47

-

12,827

15,936

7,093

-

16,303

17,473

7,901

-

17,434

20,647

10,946

-

8,449

11,759

4,017

-

12,611

12,372

6,095

286

Inventory, Net

300,312

144,981

9,586

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans Payable to Bank, Current

-

-

-3,136

-

-

-

-1,738

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets Held for Sale_New

-

-

-

-

-

-

-

-

-

-

-

11,989

-

-

-

9,886

-

-

-

5,160

-

-

-

-

-

-

-

-

-

-

-

-

Assets Held for Sale

-

0

0

-

0

4,357

5,231

-

12,070

16,173

14,678

11,989

17,549

18,083

16,623

9,886

11,164

9,658

6,357

5,160

5,613

5,398

5,425

4,413

-

-

-

-

-

-

-

-

Assets Held-for-sale, at Carrying Value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Deferred income tax asset

-

-

-

-

-

-

-

-

-

-

-

6,956

3,881

3,192

2,847

3,496

3,354

3,727

6,773

6,921

7,574

4,013

3,636

4,058

4,442

2,875

3,375

4,232

3,144

2,987

3,319

3,901

Other Assets, Current

20,267

8,763

3,160

9,682

16,782

2,928

1,463

14,370

19,473

3,909

4,717

5,812

23,079

3,196

2,796

5,838

21,188

2,384

2,552

6,470

18,371

3,789

3,058

5,325

18,527

2,926

2,469

4,963

18,675

-

-

-

Total current assets

439,853

304,054

177,369

93,092

161,715

95,973

80,339

99,708

183,501

116,528

96,223

115,667

199,602

122,696

103,818

100,848

203,682

108,644

92,401

105,865

176,624

105,029

91,022

125,532

168,726

95,828

76,246

103,133

164,865

89,495

76,262

94,145

Property, equipment, and software, net

150,147

45,760

31,336

32,676

34,648

36,185

37,091

38,636

40,050

39,747

39,744

39,789

41,734

41,487

41,013

40,957

41,216

39,695

37,937

36,232

42,615

41,635

38,866

38,343

37,553

36,470

34,805

33,037

31,978

28,693

25,462

23,948

Financing Receivable, before Allowance for Credit Loss, Noncurrent

-

20,054

6,887

-

11,435

10,569

9,882

-

17,676

18,049

18,202

18,213

27,455

26,897

24,481

25,514

34,374

25,090

23,079

22,416

29,389

24,002

16,996

17,078

24,419

-

-

-

-

-

-

-

Accounts Receivable, Allowance for Credit Loss, Noncurrent

-

781

1,114

-

946

1,502

1,642

-

1,006

1,614

1,880

1,968

1,713

2,139

2,339

2,010

1,338

1,891

1,933

1,663

1,339

1,708

1,421

1,254

774

-

-

-

-

-

-

-

Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent

18,638

-

-

6,812

-

-

-

5,589

-

-

-

16,245

-

-

-

23,504

-

-

-

20,753

-

-

-

15,824

23,645

-

-

-

-

-

-

-

Goodwill

134,301

118,844

94,553

6,566

7,348

7,550

7,997

8,640

9,210

7,448

7,620

8,576

4,811

4,124

4,183

4,228

4,069

3,157

3,283

3,377

3,185

2,978

3,009

2,997

6,279

7,194

6,992

5,685

5,721

6,701

6,350

5,400

Other intangible assets, net

77,590

64,268

49,086

19,161

20,602

21,731

22,765

22,837

23,068

23,029

21,902

21,224

22,648

16,966

15,884

16,270

13,217

14,002

13,339

14,672

17,358

12,134

12,786

14,295

17,645

16,316

13,277

10,921

11,620

11,409

12,348

10,314

Operating Lease, Right-of-Use Asset

462,610

127,618

20,588

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing Receivable, after Allowance for Credit Loss, Noncurrent

-

19,273

5,773

-

10,489

9,067

8,240

-

16,670

16,435

16,322

-

25,742

24,758

22,142

-

33,036

23,199

21,146

-

28,050

22,294

15,575

-

-

16,793

25,106

14,352

21,356

16,630

12,314

11,711

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,068

2,845

4,093

Deferred Income Taxes and Other Assets, Noncurrent

-

1,038

323

-

307

1,441

1,272

-

174

177

173

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets, net

15,406

5,666

3,697

1,694

1,975

2,013

2,056

2,593

2,535

2,651

2,814

2,767

3,214

3,274

3,246

7,416

8,458

3,480

3,070

3,247

3,973

2,553

2,207

1,772

2,124

2,160

2,228

2,402

5,706

5,746

2,590

2,585

Total assets

1,298,545

686,521

382,725

160,001

237,084

173,960

159,760

178,003

275,208

206,015

184,798

204,268

297,751

213,305

190,286

193,223

303,678

192,177

171,176

184,146

271,805

186,623

163,465

198,763

255,972

174,761

158,654

169,530

241,246

159,742

138,171

152,196

Liabilities and Stockholders' Equity
Current liabilities:
Current installments of long-term debt

218,384

13,454

4,450

13,108

13,763

15,685

16,923

18,113

5,223

5,306

5,202

7,738

5,688

3,663

6,754

5,947

5,220

4,922

1,958

3,934

4,107

1,965

3,042

6,797

6,649

6,485

3,918

3,400

3,488

3,321

3,174

2,736

Operating Lease, Liability, Current

107,680

32,290

6,373

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance Lease, Liability, Current

-

418

408

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

158,995

63,836

20,025

13,672

17,566

15,100

21,213

14,521

22,027

11,936

13,958

12,953

22,259

8,505

9,590

11,664

15,506

9,166

16,819

17,321

27,787

11,798

8,963

15,023

12,804

7,851

6,866

11,954

15,260

7,921

7,301

14,170

Due to Area Developers (ADs)

-

3,550

5,830

-

9,818

6,886

7,186

-

11,742

7,484

9,168

23,143

13,157

9,210

10,449

24,977

16,258

8,138

9,403

24,340

14,980

8,010

9,207

18,236

15,390

8,315

9,900

18,248

14,955

9,413

9,987

15,956

Income taxes payable

-

0

361

-

34

0

0

-

0

0

208

6,442

0

0

0

3,581

0

0

187

2,147

0

0

0

9,676

0

0

0

5,897

0

-

-

6,689

Line of Credit, Current

-

39,260

20,000

-

107,893

48,275

12,590

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue - current

16,409

3,188

4,204

21,408

4,593

3,873

4,018

24,438

2,024

2,428

2,854

2,892

3,436

4,455

3,687

4,682

4,413

6,265

5,585

6,076

6,094

7,224

6,796

6,051

6,362

6,693

6,822

7,555

6,489

7,373

7,325

6,920

Total current liabilities

501,468

155,996

61,651

48,188

153,667

89,819

61,930

57,072

41,016

27,154

31,390

53,168

44,540

25,833

30,480

50,851

41,397

28,491

33,952

53,818

52,968

28,997

28,008

55,783

41,205

29,344

27,506

47,054

40,192

28,028

27,787

46,471

Total long-term debt less debt issuance costs

-

193,472

78,188

-

1,946

1,979

1,895

-

16,421

17,106

17,816

-

19,238

17,068

18,298

-

18,410

17,985

20,708

-

21,778

22,119

21,103

-

22,337

22,987

23,635

-

24,775

64,948

-

-

Revolving credit facility

-

-

-

-

0

-

-

-

120,189

60,950

20,611

-

131,215

66,635

27,984

-

150,682

57,301

16,556

-

110,762

51,711

13,822

-

104,592

38,459

16,505

0

108,105

-

-

-

Long-term debt, excluding current installments

245,236

-

-

1,940

-

-

-

2,270

-

-

-

18,461

-

-

-

17,493

-

-

-

21,463

-

-

-

21,691

-

-

-

24,283

-

-

36,834

26,249

Deferred revenue - non-current

-

3,220

4,799

-

5,199

6,890

7,870

-

5,193

5,611

5,466

5,817

5,307

5,905

6,555

7,056

7,206

7,655

8,964

7,640

7,777

8,368

8,097

8,059

8,510

8,092

9,108

10,381

9,935

10,722

11,616

12,411

Long-term Debt and Lease Obligation

394,307

90,861

17,986

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Liabilities, Noncurrent

5,773

-

-

6,159

-

-

-

7,159

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance Lease, Liability, Noncurrent

-

703

627

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability classified stock-based compensation awards (note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

5,111

0

-

-

-

Deferred income tax liability

-

-

-

-

-

-

-

-

-

-

-

10,367

-

-

-

6,322

-

-

-

2,363

-

-

-

3,045

-

-

-

-

-

-

-

-

Deferred income tax liability

-

0

11,247

-

1,723

919

919

-

3,682

3,585

3,585

-

8,203

9,107

6,259

-

6,049

4,747

3,673

-

6,705

5,158

4,657

-

2,030

2,106

600

865

382

-

-

-

Accrued Income Taxes, Noncurrent

-

0

0

-

1,208

1,070

1,070

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

1,146,784

444,252

174,498

56,287

163,743

100,677

73,684

66,501

186,501

114,406

78,868

87,813

208,503

124,548

89,576

81,722

223,744

116,179

83,853

85,284

199,990

116,353

75,687

88,578

178,674

100,988

77,354

87,694

183,389

103,698

76,237

85,131

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Common stock subject to potential redemption, 9,096,435 shares (at redemption value of $12 per share)

-

109,157

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Preferred Stock, Shares Issued

-

19

16

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

108,339

0

66,264

12,552

12,374

11,964

11,769

11,570

10,689

10,285

8,925

8,371

7,862

7,781

7,897

7,153

6,385

4,115

4,049

4,082

2,049

1,365

6,590

9,402

9,044

7,818

7,220

1,920

6,752

6,632

6,708

3,182

Accumulated other comprehensive income (loss), net of taxes

-1,538

-1,583

-1,605

-1,910

-1,698

-1,654

-1,539

-1,347

-990

-1,393

-1,065

-2,084

-1,673

-1,850

-1,580

-1,698

-2,430

-1,572

-1,455

-697

-1,171

-112

184

66

-129

1,639

1,285

1,194

810

790

493

676

Retained earnings

18,388

63,706

77,348

92,932

62,524

62,833

75,706

101,139

78,869

82,578

97,931

110,029

82,920

82,687

94,254

105,907

75,840

73,317

84,591

95,339

70,800

68,881

80,867

100,574

68,242

64,186

72,665

78,592

50,164

48,491

54,602

60,965

Stockholders' Equity Attributable to Parent

125,391

62,339

142,185

103,714

73,341

73,283

86,076

111,502

88,707

91,609

105,930

116,455

89,248

88,757

100,710

111,501

79,934

75,998

87,323

98,862

71,815

70,270

87,778

110,185

77,298

73,773

81,300

81,836

57,857

56,044

61,934

67,065

Noncontrolling Interest in Variable Interest Entity

26,370

70,773

66,042

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

151,761

133,112

208,227

103,714

-

73,283

86,076

111,502

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and stockholders' equity

1,298,545

686,521

382,725

160,001

237,084

173,960

159,760

178,003

275,208

206,015

184,798

204,268

297,751

213,305

190,286

193,223

303,678

192,177

171,176

184,146

271,805

186,623

163,465

198,763

255,972

174,761

158,654

169,530

241,246

159,742

138,171

152,196

Special voting preferred stock
Preferred stock

19

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Stock, Shares Issued

-

1,886

1,616

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity Attributable to Parent

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class A Common stock
Common stock

183

197

162

140

141

140

140

128

127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity Attributable to Parent

183

197

162

140

-

140

140

128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Common stock
Common stock

0

-

-

0

0

-

-

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity Attributable to Parent

-

-

-

0

-

0

0

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exchangeable shares
Common stock

0

-

-

0

0

-

-

10

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity Attributable to Parent

-

-

-

0

-

0

0

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-