JOANN Inc.

2023 Q4 Form 10-Q Financial Statement

#000095017023067992 Filed on December 05, 2023

View on sec.gov

Income Statement

Concept 2023 Q4

Balance Sheet

Concept 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.30M
YoY Change 2.91%
Cash & Equivalents $28.30M
Short-Term Investments
Other Short-Term Assets $82.40M
YoY Change 3.52%
Inventory $679.6M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $790.3M
YoY Change -7.47%
LONG-TERM ASSETS
Property, Plant & Equipment $238.7M
YoY Change -19.3%
Goodwill $162.0M
YoY Change 0.0%
Intangibles $263.9M
YoY Change -41.41%
Long-Term Investments
YoY Change
Other Assets $42.60M
YoY Change 4.16%
Total Long-Term Assets $1.467B
YoY Change -12.16%
TOTAL ASSETS
Total Short-Term Assets $790.3M
Total Long-Term Assets $1.467B
Total Assets $2.258B
YoY Change -10.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $262.7M
YoY Change -2.81%
Accrued Expenses $109.2M
YoY Change -11.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $6.800M
YoY Change 0.0%
Total Short-Term Liabilities $553.7M
YoY Change -1.63%
LONG-TERM LIABILITIES
Long-Term Debt $1.148B
YoY Change 8.08%
Other Long-Term Liabilities $26.00M
YoY Change -16.93%
Total Long-Term Liabilities $1.174B
YoY Change 7.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $553.7M
Total Long-Term Liabilities $1.174B
Total Liabilities $1.728B
YoY Change 4.3%
SHAREHOLDERS EQUITY
Retained Earnings -$388.3M
YoY Change 162.19%
Common Stock $207.7M
YoY Change -0.53%
Preferred Stock
YoY Change
Treasury Stock (at cost) $19.00M
YoY Change -34.03%
Treasury Stock Shares
Shareholders Equity -$183.0M
YoY Change
Total Liabilities & Shareholders Equity $2.258B
YoY Change -10.58%

Cashflow Statement

Concept 2023 Q4

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
2900000
dei Entity Central Index Key
EntityCentralIndexKey
0001834585
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-03
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-10-28
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-40204
dei Entity Registrant Name
EntityRegistrantName
JOANN Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-1095540
dei Entity Address Address Line1
EntityAddressAddressLine1
5555 Darrow Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Hudson
dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
44236
dei City Area Code
CityAreaCode
330
dei Local Phone Number
LocalPhoneNumber
656-2600
dei Security12b Title
Security12bTitle
Common stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
JOAN
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
41911651
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28300000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27500000
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20200000
CY2023Q4 us-gaap Inventory Net
InventoryNet
679600000
CY2022Q4 us-gaap Inventory Net
InventoryNet
747000000
CY2023Q1 us-gaap Inventory Net
InventoryNet
584100000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
82400000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
79600000
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
38600000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
790300000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
854100000
CY2023Q1 us-gaap Assets Current
AssetsCurrent
642900000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
238700000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
295800000
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
287800000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
760200000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
802600000
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
778400000
CY2023Q4 us-gaap Goodwill
Goodwill
162000000
CY2022Q4 us-gaap Goodwill
Goodwill
162000000
CY2023Q1 us-gaap Goodwill
Goodwill
162000000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
263900000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
369300000
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
272100000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
42600000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40900000
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
37600000
CY2023Q4 us-gaap Assets
Assets
2257700000
CY2022Q4 us-gaap Assets
Assets
2524700000
CY2023Q1 us-gaap Assets
Assets
2180800000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
262700000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
270300000
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
197500000
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
109200000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
123400000
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
119200000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
175000000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
162400000
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
177500000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6800000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6800000
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
6800000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
553700000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
562900000
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
501000000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1148200000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1062400000
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
976000000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
692000000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
735500000
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
707300000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
20800000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
89300000
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
16900000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
26000000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
31300000
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
28700000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44100000
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44100000
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44100000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
400000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
400000
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
400000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
207300000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
208400000
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
208000000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-388300000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-148100000
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-239200000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
16600000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
11400000
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8300000
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
2200000
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
3300000
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
3000000
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
19000000
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
28800000
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
26600000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-183000000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
43300000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-49100000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2257700000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2524700000
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2180800000
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
539800000
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
562800000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1471700000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1524100000
CY2023Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
257700000
CY2022Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
281800000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
708600000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
787500000
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
273400000
CY2022Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
269000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
806200000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
786600000
CY2023Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22400000
CY2022Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
19900000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
61600000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
59900000
CY2023Q4 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
1700000
CY2022Q4 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
1700000
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-15400000
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-7900000
us-gaap Operating Income Loss
OperatingIncomeLoss
-106400000
us-gaap Operating Income Loss
OperatingIncomeLoss
-109900000
CY2023Q4 us-gaap Interest Expense
InterestExpense
28400000
CY2022Q4 us-gaap Interest Expense
InterestExpense
18100000
us-gaap Interest Expense
InterestExpense
80500000
us-gaap Interest Expense
InterestExpense
42500000
CY2023Q4 joan Investment Remeasurements
InvestmentRemeasurements
0
CY2022Q4 joan Investment Remeasurements
InvestmentRemeasurements
-2000000
joan Investment Remeasurements
InvestmentRemeasurements
0
joan Investment Remeasurements
InvestmentRemeasurements
-1000000
CY2023Q4 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
12100000
CY2022Q4 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
0
us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
12100000
us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
0
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-31700000
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-174800000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-151400000
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10900000
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-30200000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-41900000
CY2023Q4 joan Loss From Equity Method Investments
LossFromEquityMethodInvestments
800000
CY2022Q4 joan Loss From Equity Method Investments
LossFromEquityMethodInvestments
0
joan Loss From Equity Method Investments
LossFromEquityMethodInvestments
4500000
joan Loss From Equity Method Investments
LossFromEquityMethodInvestments
0
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-21600000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-17500000
us-gaap Net Income Loss
NetIncomeLoss
-149100000
us-gaap Net Income Loss
NetIncomeLoss
-109500000
CY2023Q4 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
100000
CY2022Q4 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
100000
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
0
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
100000
CY2023Q4 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
1600000
CY2022Q4 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
13900000
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
11300000
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
13000000
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
400000
CY2022Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
3500000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
3300000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1100000
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
10300000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
8400000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9600000
CY2023Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20500000
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7200000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-140700000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-99900000
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.69
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.69
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42200000
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40800000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41800000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40700000
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42200000
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40800000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41800000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40700000
us-gaap Net Income Loss
NetIncomeLoss
-149100000
us-gaap Net Income Loss
NetIncomeLoss
-109500000
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
129900000
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
127000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
61600000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
59900000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1100000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1700000
us-gaap Share Based Compensation
ShareBasedCompensation
6600000
us-gaap Share Based Compensation
ShareBasedCompensation
6100000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2600000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1500000
joan Investment Remeasurements
InvestmentRemeasurements
0
joan Investment Remeasurements
InvestmentRemeasurements
-1000000
us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
12100000
us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
0
joan Loss On Disposal And Impairment Of Fixed And Operating Lease Assets
LossOnDisposalAndImpairmentOfFixedAndOperatingLeaseAssets
8600000
joan Loss On Disposal And Impairment Of Fixed And Operating Lease Assets
LossOnDisposalAndImpairmentOfFixedAndOperatingLeaseAssets
300000
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
1700000
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-4500000
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
95500000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
88400000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
34700000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
39300000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
65200000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16500000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4200000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-16400000
joan Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-129500000
joan Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-120600000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-2900000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-13100000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-4700000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
5100000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-150900000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-173600000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
36100000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
80400000
joan Proceeds From Sale Leaseback
ProceedsFromSaleLeaseback
33200000
joan Proceeds From Sale Leaseback
ProceedsFromSaleLeaseback
0
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1600000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4300000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4500000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84700000
us-gaap Repayments Of Debt
RepaymentsOfDebt
5100000
us-gaap Repayments Of Debt
RepaymentsOfDebt
5100000
joan Filo Proceeds
FiloProceeds
97000000
joan Filo Proceeds
FiloProceeds
0
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
555600000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
544100000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
473100000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
256100000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6100000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7100000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
500000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1100000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
100000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
100000
us-gaap Payments Of Dividends
PaymentsOfDividends
0
us-gaap Payments Of Dividends
PaymentsOfDividends
13400000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5200000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
163500000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
263400000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-100000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8100000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5000000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
20200000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
22500000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
28300000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
27500000
us-gaap Interest Paid Net
InterestPaidNet
77500000
us-gaap Interest Paid Net
InterestPaidNet
39600000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2300000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-6600000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-49100000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-54200000
CY2023Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
800000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5300000
CY2023Q2 joan Vesting Of Restricted Stock Units
VestingOfRestrictedStockUnits
-100000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-97300000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-73300000
CY2023Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
6400000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1500000
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
500000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-162200000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-21600000
CY2023Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1100000
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-200000
CY2023Q4 joan Vesting Of Restricted Stock Units
VestingOfRestrictedStockUnits
-100000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-183000000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
149800000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-35100000
CY2022Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3500000
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.11
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
4500000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1000000
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
400000
CY2022Q2 joan Vesting Of Restricted Stock Units
VestingOfRestrictedStockUnits
-100000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
115000000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-56900000
CY2022Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-4200000
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.1
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
4600000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1200000
CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
700000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
51200000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-17500000
CY2022Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
10300000
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.11
CY2022Q4 us-gaap Dividends Common Stock
DividendsCommonStock
4600000
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3900000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
43300000
CY2023Q4 us-gaap Number Of Stores
NumberOfStores
829
CY2023Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
49
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Since actual results may differ from those estimates, the Company revises its estimates and assumptions as new information becomes available.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2022Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
18100000
us-gaap Interest Expense Debt
InterestExpenseDebt
81900000
us-gaap Interest Expense Debt
InterestExpenseDebt
42500000
CY2023Q4 joan Interest Income Of Derivatives
InterestIncomeOfDerivatives
-1400000
CY2022Q4 joan Interest Income Of Derivatives
InterestIncomeOfDerivatives
0
joan Interest Income Of Derivatives
InterestIncomeOfDerivatives
-1400000
joan Interest Income Of Derivatives
InterestIncomeOfDerivatives
0
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1168000000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1077300000
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
990600000
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
13000000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
8100000
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
7800000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1155000000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1069200000
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
982800000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6800000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6800000
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
6800000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1148200000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1062400000
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
976000000
CY2023Q4 joan Total Facility
TotalFacility
650000000
us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
The covenants contained in the credit agreements restrict JOANN’s ability to pay dividends or make other distributions; accordingly, any dividends may only be paid in accordance with such covenants. Among other restrictions, the credit agreements permit the public parent company to pay dividends on its common stock in amounts not to exceed the greater of 6% per annum of the net proceeds received by, or contributed to Jo-Ann Stores, LLC from any such public offering of common stock of Jo-Ann Stores, LLC or its direct or indirect parent company, or 7% of Market Capitalization (as defined in the credit agreements). So long as there is no event of default, the credit agreements also allow dividends in amounts up to $100 million, which amount can increase if certain other conditions are satisfied, including if JOANN’s leverage does not exceed certain thresholds. Additionally, the ABL Facility allows for unlimited dividends, so long as there is no event of default and the Company’s excess availability after giving pro forma effect for the thirty-day period immediately preceding such payment shall be greater than (a) the greater of 12.5% of the maximum credit and $40 million and the consolidated fixed charge coverage ratio shall be greater than or equal to 1.0 to 1.0 or (b) 17.5% of the maximum credit calculated.
joan Credit Agreement Market Capitalization Percentage
CreditAgreementMarketCapitalizationPercentage
0.07
joan Percentage Of Maximum Credit Excess Capacity
PercentageOfMaximumCreditExcessCapacity
0.125
joan Maximum Credit Fixed Charge
MaximumCreditFixedCharge
40000000
joan Percentage Of Maximum Credit
PercentageOfMaximumCredit
0.175
CY2023Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1600000
CY2022Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
13900000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
11300000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
13000000
CY2023Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
29800000
CY2023Q4 joan Interest Expense On Debt And Derivatives
InterestExpenseOnDebtAndDerivatives
28400000
CY2022Q4 joan Interest Expense On Debt And Derivatives
InterestExpenseOnDebtAndDerivatives
18100000
joan Interest Expense On Debt And Derivatives
InterestExpenseOnDebtAndDerivatives
80500000
joan Interest Expense On Debt And Derivatives
InterestExpenseOnDebtAndDerivatives
42500000
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
643800000
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
643800000
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
481800000
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
481800000
CY2023Q4 us-gaap Goodwill
Goodwill
162000000
CY2022Q4 us-gaap Goodwill
Goodwill
162000000
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
355400000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
91400000
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
450400000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
81100000
CY2023Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6500000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1700000
CY2023Q4 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1700000
CY2022Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6300000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P3Y3M18D
CY2023Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.344
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.271
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.173
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.277
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1000000
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
800000
CY2023Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
100000
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
100000
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
100000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-21600000
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-17500000
us-gaap Net Income Loss
NetIncomeLoss
-149100000
us-gaap Net Income Loss
NetIncomeLoss
-109500000
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42200000
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40800000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41800000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40700000
CY2023Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42200000
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40800000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41800000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40700000
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.69
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.69
CY2023Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9900000
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4500000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9200000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4500000
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
539800000
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
562800000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1471700000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1524100000

Files In Submission

Name View Source Status
0000950170-23-067992-index-headers.html Edgar Link pending
0000950170-23-067992-index.html Edgar Link pending
0000950170-23-067992.txt Edgar Link pending
0000950170-23-067992-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
joan-20231028.htm Edgar Link pending
joan-20231028.xsd Edgar Link pending
joan-ex10_1.htm Edgar Link pending
joan-ex10_2.htm Edgar Link pending
joan-ex10_3.htm Edgar Link pending
joan-ex10_4.htm Edgar Link pending
joan-ex31_1.htm Edgar Link pending
joan-ex31_2.htm Edgar Link pending
joan-ex32_1.htm Edgar Link pending
joan-ex32_2.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
joan-20231028_def.xml Edgar Link unprocessable
joan-20231028_lab.xml Edgar Link unprocessable
joan-20231028_pre.xml Edgar Link unprocessable
joan-20231028_htm.xml Edgar Link completed
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
joan-20231028_cal.xml Edgar Link unprocessable