Container store group, inc. (TCS)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Feb'16Dec'15Nov'15Sep'15Aug'15Jun'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12
Assets
Current assets:
Cash

13,971

9,029

11,404

7,364

20,969

7,212

7,212

14,102

8,399

22,653

22,653

10,145

7,216

10,736

18,491

9,329

8,189

13,609

20,953

14,571

7,397

16,379

8,397

9,829

24,994

13,965

15,298

8,610

18,046

10,822

12,744

13,703

25,351

19,875

Accounts receivable, net

29,438

26,030

27,821

25,568

29,549

25,400

25,400

24,840

25,528

29,548

29,548

26,083

27,490

27,476

31,344

27,896

25,035

28,843

26,726

24,170

24,177

25,661

21,415

21,929

24,319

24,036

27,732

29,267

32,273

28,088

25,013

23,087

25,536

24,380

Inventory

139,579

133,200

120,512

108,650

116,006

110,801

110,801

104,135

97,362

110,391

110,391

109,277

105,006

103,120

109,009

112,916

104,144

86,435

101,899

109,296

112,115

105,722

109,246

103,619

83,724

103,850

95,708

94,626

85,595

105,124

91,165

91,150

82,443

96,106

Prepaid expenses

10,435

11,736

11,129

10,078

8,877

11,021

11,021

10,842

11,281

11,668

11,668

11,519

16,131

10,550

10,815

10,368

14,817

8,692

10,396

8,438

14,873

10,084

13,456

6,476

7,895

9,259

9,675

7,953

14,121

9,049

10,249

6,587

12,137

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,359

Forward contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

227

329

1,103

615

Income taxes receivable

1,205

2,603

1,124

1,003

640

3,394

3,394

812

15

1,450

1,450

1,456

668

16

-

-

770

157

1,876

1,637

1,447

1,447

1,186

908

1,698

3,205

2,257

600

83

1,949

2,317

-

-

-

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,256

-

3,256

-

3,256

-

-

-

-

-

-

-

-

-

-

1,203

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,256

-

3,256

-

3,256

3,256

3,967

3,967

3,967

3,967

855

855

855

1,505

-

Other current assets

11,633

10,518

11,867

11,705

10,404

10,562

10,562

12,577

11,609

10,338

10,338

13,021

13,683

10,787

12,319

8,546

9,852

8,695

9,501

11,584

9,507

8,910

10,535

10,686

11,056

14,589

9,798

10,958

10,322

13,394

10,583

10,515

9,147

-

Total current assets

206,261

193,116

183,857

164,368

186,445

168,390

168,390

167,308

154,194

186,048

186,048

171,501

170,194

162,685

181,978

169,055

162,807

146,431

174,607

172,952

172,772

171,459

167,491

156,703

156,942

172,871

164,435

155,981

164,407

169,281

153,153

146,226

157,222

162,538

Noncurrent assets:
Property and equipment, net

153,515

155,107

152,448

152,588

151,860

149,259

149,259

151,455

158,389

160,836

160,836

162,884

163,876

165,498

166,428

172,324

173,937

176,117

175,193

175,239

175,904

174,589

173,255

170,851

169,053

168,859

170,562

164,779

161,431

150,142

146,372

141,402

141,177

136,901

Noncurrent operating lease assets

350,922

362,609

353,490

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

202,815

Trade names

224,956

223,184

225,182

225,150

226,996

226,939

226,939

226,613

229,401

230,379

230,379

230,482

229,009

226,685

226,050

228,360

228,699

228,368

228,967

227,659

229,253

228,838

229,749

228,593

229,433

234,557

237,821

240,021

242,290

241,138

240,434

240,528

241,940

255,100

Deferred financing costs, net

188

206

223

241

259

276

276

294

312

329

329

335

297

320

343

366

389

419

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent deferred tax assets, net

1,835

1,803

-

1,912

1,898

-

1,979

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

426

6,540

190

6,764

222

7,253

7,742

8,231

8,721

9,210

9,699

10,188

10,167

10,633

8,745

9,114

Noncurrent deferred tax assets, net

-

-

1,898

-

-

1,979

-

2,101

2,404

2,308

2,308

2,240

2,226

2,139

1,080

1,286

1,269

2,090

2,324

-

2,448

-

2,213

-

-

-

-

-

-

-

-

-

-

-

Noncurrent deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,285

-

2,483

-

2,186

1,739

1,055

1,158

1,179

1,323

1,667

1,667

1,667

-

-

Other assets

1,790

1,732

1,607

1,670

1,749

1,796

1,796

1,777

1,854

1,684

1,684

1,696

1,824

1,692

1,420

1,659

1,826

1,879

1,923

1,703

1,743

1,747

1,808

1,622

1,333

1,178

1,064

1,211

1,184

841

855

881

921

834

Total noncurrent assets

936,021

947,456

937,663

584,376

585,577

583,064

583,064

585,055

595,175

598,351

598,351

600,452

600,047

599,149

598,136

606,810

608,935

611,688

611,648

616,241

612,353

617,236

610,062

613,320

612,115

616,695

622,141

619,215

618,742

606,791

602,310

597,926

595,598

604,764

Total assets

1,142,282

1,140,572

1,121,520

748,744

772,022

751,454

751,454

752,363

749,369

784,399

784,399

771,953

770,241

761,834

780,114

775,865

771,742

758,119

786,255

789,193

785,125

788,695

777,553

770,023

769,057

789,566

786,576

775,196

783,149

776,072

755,463

744,152

752,820

767,302

Liabilities and shareholders' equity
Current liabilities:
Accounts payable

56,231

74,376

55,387

58,734

59,571

62,313

62,313

52,215

43,692

53,757

53,757

61,224

43,445

44,762

49,057

60,287

51,552

40,274

43,365

50,435

57,038

47,469

49,505

57,035

48,904

50,163

46,600

47,846

49,282

54,489

51,465

47,291

48,340

52,867

Accrued liabilities

67,658

65,522

68,507

67,163

67,775

63,497

64,199

71,817

70,494

73,539

73,539

64,144

69,601

60,107

64,552

56,924

62,220

69,635

62,220

57,744

53,430

58,532

55,262

52,991

59,891

54,837

57,032

54,420

58,744

49,646

51,892

47,846

51,805

53,429

Revolving lines of credit

-

10,813

9,951

5,511

-

1,128

1,128

889

-

-

-

-

2,729

-

-

1,550

5,982

721

2,558

8,415

7,097

9,981

10,379

7,407

2,834

10,250

16,779

23,529

16,033

16,679

21,215

18,178

13,482

17,027

Current portion of long-term debt

6,953

6,936

6,931

7,016

7,018

-

7,052

7,780

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current operating lease liabilities

63,163

61,663

58,664

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

7,052

-

-

7,771

9,465

9,465

9,345

5,448

5,445

5,390

5,506

5,464

5,373

5,279

5,239

5,290

5,256

5,307

5,274

5,319

5,332

5,985

5,741

7,527

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,975

9,869

9,769

9,023

8,878

Income taxes payable

2,504

254

2,011

2,851

1,589

1,851

1,851

2,019

4,580

1,690

1,690

960

1,297

2,738

4,156

383

-

-

311

300

245

259

56

5

2,188

1,377

1,305

640

3,474

496

585

379

2,650

1,398

Other current liabilities

-

-

-

-

-

702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

29

29

29

43

43

43

-

-

Total current liabilities

196,509

219,564

201,451

141,275

135,953

136,543

136,543

134,720

126,537

138,451

138,451

135,673

122,520

113,052

123,155

124,650

125,218

116,003

113,733

122,133

123,100

121,497

120,509

122,712

119,136

121,988

127,730

132,205

135,089

130,328

135,069

123,506

125,300

133,599

Noncurrent liabilities:
Long-term debt

298,758

268,007

272,556

254,960

297,895

282,289

282,289

291,038

277,394

304,638

304,638

301,296

316,375

312,026

332,900

325,974

326,544

316,135

344,212

350,950

340,091

347,411

-

333,562

326,775

348,489

343,264

332,306

327,724

-

-

-

-

-

Noncurrent operating lease liabilities

320,536

333,603

327,221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent deferred tax liabilities, net

48,363

49,516

-

51,702

50,397

-

50,630

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

340,917

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

342,863

361,108

368,102

276,348

293,711

Noncurrent deferred tax liabilities, net

-

-

50,182

-

-

50,630

-

49,378

54,839

56,706

56,706

79,091

77,712

80,679

79,672

81,123

79,922

80,720

84,899

81,200

82,014

81,395

80,293

79,843

82,965

84,101

83,555

82,638

85,442

90,906

88,228

86,620

87,770

88,366

Other long-term liabilities

9,947

10,534

8,903

36,114

36,339

-

41,020

41,337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent and other long-term liabilities

-

-

-

-

-

41,020

-

-

41,892

32,941

32,941

33,012

33,742

34,287

33,020

33,653

33,532

38,193

38,363

38,357

38,561

38,555

37,781

37,764

38,319

38,657

36,469

36,354

37,708

34,693

31,492

30,116

30,027

22,227

Total noncurrent liabilities

677,604

661,660

658,862

342,776

384,631

373,939

373,939

381,753

374,125

394,285

394,285

413,399

427,829

426,992

445,592

440,750

439,998

435,048

467,474

470,507

460,666

467,361

458,991

451,169

448,059

471,247

463,288

451,298

450,874

468,462

480,828

484,838

394,145

404,304

Total liabilities

874,113

881,224

860,313

484,051

520,584

510,482

510,482

516,473

500,662

532,736

532,736

549,072

550,349

540,044

568,747

565,400

565,216

551,051

581,207

592,640

583,766

588,858

579,500

573,881

567,195

593,235

591,018

583,503

585,963

598,790

615,897

608,344

519,445

537,903

Commitments and contingencies (Note 6)

-

-

-

-

-

0

-

-

-

0

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

Shareholders' equity:
Common stock, $0.01 par value, 250,000,000 shares authorized; 48,316,559 shares issued at December 28, 2019; 48,142,319 shares issued at March 30, 2019; 48,142,319 shares issued at December 29, 2018

483

483

483

481

481

481

481

481

481

481

481

481

481

480

480

480

480

480

480

480

480

480

480

480

480

480

480

480

479

479

29

29

29

29

Additional paid-in capital

866,132

865,347

864,386

863,978

863,119

862,495

862,495

861,726

861,263

860,827

860,827

860,196

859,638

859,102

858,460

857,816

857,381

856,879

856,667

856,515

856,179

856,027

855,775

855,648

855,322

855,038

854,516

854,174

853,295

852,698

455,460

455,346

455,246

455,121

Accumulated other comprehensive loss

-26,771

-32,395

-25,929

-26,132

-22,646

-23,167

-23,167

-24,239

-17,316

-14,323

-14,323

-14,095

-17,401

-22,643

-24,047

-19,212

-19,175

-19,835

-18,615

-20,587

-17,892

-18,546

-17,452

-19,189

-18,342

-10,541

-4,543

-1,111

1,683

716

-569

-158

2,713

965

Retained deficit

-571,675

-574,087

-577,733

-573,634

-589,516

-598,837

-598,837

-602,078

-595,721

-595,322

-595,322

-623,701

-622,826

-615,149

-623,526

-628,619

-632,160

-630,456

-633,484

-639,855

-637,408

-638,124

-640,750

-640,797

-635,598

-648,646

-654,895

-661,850

-658,271

-676,611

-314,518

-318,626

-223,830

-225,924

Treasury stock, no shares at August 30, 2014 and March 1, 2014;14,162 shares at August 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

840

787

787

796

Total shareholders' equity

268,169

259,348

261,207

264,693

251,438

240,972

240,972

235,890

248,707

251,663

251,663

222,881

219,892

221,790

211,367

210,465

206,526

207,068

205,048

196,553

201,359

199,837

198,053

196,142

201,862

196,331

195,558

191,693

197,186

177,282

139,566

135,808

233,375

229,399

Total liabilities and shareholders' equity

1,142,282

1,140,572

1,121,520

748,744

772,022

751,454

751,454

752,363

749,369

784,399

784,399

771,953

770,241

761,834

780,114

775,865

771,742

758,119

786,255

789,193

785,125

788,695

777,553

770,023

769,057

789,566

786,576

775,196

783,149

776,072

755,463

744,152

752,820

767,302