2015 Form 10-K Financial Statement
#000021608516000043 Filed on March 04, 2016
Income Statement
| Concept | 2015 | 2014 | 2013 |
|---|---|---|---|
| Revenue | $804.9M | $768.4M | $746.1M |
| YoY Change | 4.74% | 2.99% | 11.29% |
| Cost Of Revenue | $374.1M | $356.0M | $344.6M |
| YoY Change | 5.08% | 3.31% | 8.36% |
| Gross Profit | $431.1M | $412.7M | $401.8M |
| YoY Change | 4.46% | 2.71% | 14.05% |
| Gross Profit Margin | 53.56% | 53.71% | 53.85% |
| Selling, General & Admin | $385.1M | $364.9M | $348.7M |
| YoY Change | 5.54% | 4.65% | 5.99% |
| % of Gross Profit | 89.33% | 88.42% | 86.78% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $25.80M | $22.60M | $21.50M |
| YoY Change | 14.16% | 5.12% | 10.82% |
| % of Gross Profit | 5.98% | 5.48% | 5.35% |
| Operating Expenses | $383.5M | $386.4M | $348.2M |
| YoY Change | -0.75% | 10.97% | 6.09% |
| Operating Profit | $47.60M | $26.30M | $53.60M |
| YoY Change | 80.99% | -50.93% | 122.41% |
| Interest Expense | -$2.300M | -$1.100M | -$1.100M |
| YoY Change | 109.09% | 0.0% | 83.33% |
| % of Operating Profit | -4.83% | -4.18% | -2.05% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $45.30M | $25.30M | $52.50M |
| YoY Change | 79.05% | -51.81% | 123.4% |
| Income Tax | $17.50M | $16.70M | $20.20M |
| % Of Pretax Income | 38.63% | 66.01% | 38.48% |
| Net Earnings | $27.80M | $8.600M | $32.30M |
| YoY Change | 223.26% | -73.37% | 116.78% |
| Net Earnings / Revenue | 3.45% | 1.12% | 4.33% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $1.116M | $342.6K | $1.272M |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 | 2014 | 2013 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $83.40M | $72.70M | $83.20M |
| YoY Change | 14.72% | -12.62% | 55.22% |
| Cash & Equivalents | $70.70M | $65.50M | $83.20M |
| Short-Term Investments | $12.70M | $7.300M | |
| Other Short-Term Assets | $20.40M | $22.40M | $17.90M |
| YoY Change | -8.93% | 25.14% | -9.6% |
| Inventory | $108.9M | $107.1M | $91.50M |
| Prepaid Expenses | |||
| Receivables | $5.900M | $7.100M | $8.200M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $218.7M | $209.5M | $200.7M |
| YoY Change | 4.39% | 4.38% | 11.56% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $229.3M | $225.2M | $189.2M |
| YoY Change | 1.82% | 19.03% | -2.02% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $22.60M | $25.60M | $27.10M |
| YoY Change | -11.72% | -5.54% | -4.24% |
| Total Long-Term Assets | $252.6M | $251.5M | $217.2M |
| YoY Change | 0.44% | 15.79% | -2.25% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $218.7M | $209.5M | $200.7M |
| Total Long-Term Assets | $252.6M | $251.5M | $217.2M |
| Total Assets | $471.3M | $461.0M | $417.9M |
| YoY Change | 2.23% | 10.31% | 3.93% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $27.80M | $24.20M | $21.80M |
| YoY Change | 14.88% | 11.01% | -22.7% |
| Accrued Expenses | $28.20M | $24.70M | $22.80M |
| YoY Change | 14.17% | 8.33% | 6.54% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $3.100M | $2.400M | $1.000M |
| YoY Change | 29.17% | 140.0% | 11.11% |
| Total Short-Term Liabilities | $94.00M | $95.90M | $78.10M |
| YoY Change | -1.98% | 22.79% | -13.13% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $50.10M | $46.70M | $16.20M |
| YoY Change | 7.28% | 188.27% | -12.43% |
| Other Long-Term Liabilities | $25.50M | $26.40M | $25.30M |
| YoY Change | -3.41% | 4.35% | -26.24% |
| Total Long-Term Liabilities | $75.60M | $73.10M | $41.50M |
| YoY Change | 3.42% | 76.14% | -21.4% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $94.00M | $95.90M | $78.10M |
| Total Long-Term Liabilities | $75.60M | $73.10M | $41.50M |
| Total Liabilities | $169.5M | $168.9M | $119.6M |
| YoY Change | 0.36% | 41.22% | -16.19% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $301.7M | $292.1M | $298.3M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $471.3M | $461.0M | $417.9M |
| YoY Change | 2.23% | 10.31% | 3.93% |
Cashflow Statement
| Concept | 2015 | 2014 | 2013 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $27.80M | $8.600M | $32.30M |
| YoY Change | 223.26% | -73.37% | 116.78% |
| Depreciation, Depletion And Amortization | $25.80M | $22.60M | $21.50M |
| YoY Change | 14.16% | 5.12% | 10.82% |
| Cash From Operating Activities | $52.20M | $55.50M | $55.90M |
| YoY Change | -5.95% | -0.72% | 7.09% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$27.10M | -$30.90M | -$20.20M |
| YoY Change | -12.3% | 52.97% | -19.2% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$1.200M | -$10.50M | $100.0K |
| YoY Change | -88.57% | -10600.0% | -50.0% |
| Cash From Investing Activities | -$28.40M | -$41.40M | -$20.10M |
| YoY Change | -31.4% | 105.97% | -18.95% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -18.70M | -31.80M | -6.100M |
| YoY Change | -41.19% | 421.31% | -73.93% |
| NET CHANGE | |||
| Cash From Operating Activities | 52.20M | 55.50M | 55.90M |
| Cash From Investing Activities | -28.40M | -41.40M | -20.10M |
| Cash From Financing Activities | -18.70M | -31.80M | -6.100M |
| Net Change In Cash | 5.100M | -17.70M | 29.70M |
| YoY Change | -128.81% | -159.6% | 642.5% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $52.20M | $55.50M | $55.90M |
| Capital Expenditures | -$27.10M | -$30.90M | -$20.20M |
| Free Cash Flow | $79.30M | $86.40M | $76.10M |
| YoY Change | -8.22% | 13.53% | -1.42% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013 | hvt |
Payments To Acquire Commercial Paper And Certificates Of Deposit
PaymentsToAcquireCommercialPaperAndCertificatesOfDeposit
|
0 | |
| CY2013 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1 | |
| CY2015 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1 | |
| CY2014 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1 | |
| CY2014 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-244000 | |
| CY2013 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-1695000 | |
| CY2015 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-169000 | |
| CY2015 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
432000 | |
| CY2014 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
210000 | |
| CY2013 | us-gaap |
Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
|
210000 | |
| CY2015 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
804870000 | |
| CY2013 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
746090000 | |
| CY2014 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
768409000 | |
| CY2015 | hvt |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Settlement And Termination Expense
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansSettlementAndTerminationExpense
|
0 | |
| CY2014 | hvt |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Settlement And Termination Expense
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansSettlementAndTerminationExpense
|
20810000 |
