$HVT
HAVERTY FURNITURE COMPANIES INC

2019 Q3 Form 10-Q Financial Statement

#000021608519000026 Filed on November 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $209.3M $210.5M $198.8M
YoY Change -0.58% 1.37% 0.95%
Cost Of Revenue $97.30M $95.18M $90.98M
YoY Change 2.23% -0.44% 1.42%
Gross Profit $112.0M $115.4M $107.8M
YoY Change -2.91% 2.92% 0.56%
Gross Profit Margin 53.52% 54.8% 54.23%
Selling, General & Admin $104.2M $103.2M $98.75M
YoY Change 0.95% 1.06% 1.91%
% of Gross Profit 92.99% 89.44% 91.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.100M $7.600M $7.600M
YoY Change -32.89% 0.0% 0.0%
% of Gross Profit 4.55% 6.59% 7.05%
Operating Expenses $104.2M $103.9M $98.96M
YoY Change 0.22% 1.99% 2.12%
Operating Profit $7.858M $11.44M $8.839M
YoY Change -31.31% 12.16% -14.18%
Interest Expense $300.0K -$300.0K -$500.0K
YoY Change -200.0% -40.0% -16.67%
% of Operating Profit 3.82% -2.62% -5.66%
Other Income/Expense, Net
YoY Change
Pretax Income $8.169M $11.20M $8.410M
YoY Change -27.09% 15.51% -13.3%
Income Tax $2.072M $2.852M $2.196M
% Of Pretax Income 25.36% 25.46% 26.11%
Net Earnings $6.097M $8.352M $6.214M
YoY Change -27.0% 39.2% 0.23%
Net Earnings / Revenue 2.91% 3.97% 3.13%
Basic Earnings Per Share $0.31 $0.40 $0.30
Diluted Earnings Per Share $0.31 $0.39 $0.29
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.50M $96.30M $74.60M
YoY Change -7.06% 10.82% 13.2%
Cash & Equivalents $89.53M $104.5M $82.82M
Short-Term Investments
Other Short-Term Assets $6.449M $24.30M $26.60M
YoY Change -73.46% 1.25% 14.16%
Inventory $99.96M $108.3M $107.5M
Prepaid Expenses $10.48M
Receivables $1.570M $1.800M $1.900M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $214.6M $230.8M $210.7M
YoY Change -7.01% 8.26% 7.55%
LONG-TERM ASSETS
Property, Plant & Equipment $158.1M $220.3M $226.1M
YoY Change -28.24% -2.82% -1.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.873M $22.30M $21.90M
YoY Change -55.73% -25.67% -24.22%
Total Long-Term Assets $363.9M $242.8M $248.2M
YoY Change 49.87% -5.53% -3.95%
TOTAL ASSETS
Total Short-Term Assets $214.6M $230.8M $210.7M
Total Long-Term Assets $363.9M $242.8M $248.2M
Total Assets $578.5M $473.6M $458.9M
YoY Change 22.15% 0.72% 1.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.50M $24.90M $22.10M
YoY Change 10.42% -6.39% 6.25%
Accrued Expenses $41.16M $41.70M $36.60M
YoY Change -1.29% 8.59% 9.25%
Deferred Revenue $34.85M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $3.900M $3.900M
YoY Change -100.0% 5.41% 8.33%
Total Short-Term Liabilities $132.8M $101.1M $91.90M
YoY Change 31.35% 2.95% 6.49%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $47.80M $48.80M
YoY Change -100.0% -7.18% -4.69%
Other Long-Term Liabilities $21.94M $32.20M $26.40M
YoY Change -31.86% 21.51% -0.38%
Total Long-Term Liabilities $21.94M $80.00M $75.20M
YoY Change -72.57% 2.56% -3.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $132.8M $101.1M $91.90M
Total Long-Term Liabilities $21.94M $80.00M $75.20M
Total Liabilities $309.8M $181.2M $167.1M
YoY Change 70.96% 2.84% 1.89%
SHAREHOLDERS EQUITY
Retained Earnings $293.8M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $147.7M
YoY Change
Treasury Stock Shares
Shareholders Equity $268.7M $292.4M $291.8M
YoY Change
Total Liabilities & Shareholders Equity $578.5M $473.6M $458.9M
YoY Change 22.15% 0.72% 1.01%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $6.097M $8.352M $6.214M
YoY Change -27.0% 39.2% 0.23%
Depreciation, Depletion And Amortization $5.100M $7.600M $7.600M
YoY Change -32.89% 0.0% 0.0%
Cash From Operating Activities $43.60M $33.60M $21.60M
YoY Change 29.76% 17.48% 51.05%
INVESTING ACTIVITIES
Capital Expenditures -$4.600M -$3.600M -$7.500M
YoY Change 27.78% -26.53% 41.51%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.600M -$200.0K
YoY Change -100.0% -300.0%
Cash From Investing Activities -$4.700M -$2.100M -$7.600M
YoY Change 123.81% -57.14% 46.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.300M -10.00M -11.30M
YoY Change -47.0% 270.37% 140.43%
NET CHANGE
Cash From Operating Activities 43.60M 33.60M 21.60M
Cash From Investing Activities -4.700M -2.100M -7.600M
Cash From Financing Activities -5.300M -10.00M -11.30M
Net Change In Cash 33.60M 21.50M 2.700M
YoY Change 56.28% 2.38% -38.64%
FREE CASH FLOW
Cash From Operating Activities $43.60M $33.60M $21.60M
Capital Expenditures -$4.600M -$3.600M -$7.500M
Free Cash Flow $48.20M $37.20M $29.10M
YoY Change 29.57% 11.04% 48.47%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Entity Address State Or Province
EntityAddressStateOrProvince
GA
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
HAVERTY FURNITURE COMPANIES INC
dei Entity Central Index Key
EntityCentralIndexKey
0000216085
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Type
DocumentType
10-Q
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Shell Company
EntityShellCompany
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
false
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
27495000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
19840000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1833000
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1570000
CY2018Q4 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
226000
CY2019Q3 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
204000
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
41163000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
39903000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1440000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1465000
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
91394000
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
92586000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
2690000
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
739000
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1224000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
3781000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3800000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2700000
CY2019Q3 us-gaap Assets
Assets
578503000
CY2018Q4 us-gaap Assets
Assets
440179000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
201850000
CY2019Q3 us-gaap Assets Current
AssetsCurrent
214613000
CY2018Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
46785000
CY2019Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
0
CY2018Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
4018000
CY2019Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
0
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
16351000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
16889000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87606000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
79809000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
104495000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
96160000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89528000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71537000
CY2018Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.18
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.56
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.20
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.54
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20954000
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6105000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8377000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15790000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
24465000
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
34852000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
276689000
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
95175000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
269796000
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
97301000
CY2018Q3 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
133000
CY2019Q3 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
6824000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-592000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1942000
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
12544000
CY2019Q3 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
12202000
CY2018Q3 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
25000
us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
25000
us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
75000
CY2019Q3 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
8000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22650000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15412000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8957000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.256
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.254
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3617000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10436000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10342000
CY2018Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3452000
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4700000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
us-gaap Gross Profit
GrossProfit
332076000
us-gaap Gross Profit
GrossProfit
318659000
CY2019Q3 us-gaap Gross Profit
GrossProfit
112019000
CY2018Q3 us-gaap Gross Profit
GrossProfit
115372000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
11464000
us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
29255000
us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
20152000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
7877000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11204000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
21132000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8169000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28071000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5367000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2072000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7192000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2852000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2728000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
10387000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-550000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-219000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9988000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-316000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-6534000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5882000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4907000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
980000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-825000
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
292000
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-260000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1184000
CY2018Q4 us-gaap Inventory Net
InventoryNet
105840000
CY2019Q3 us-gaap Inventory Net
InventoryNet
99958000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
92229000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
31842000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
25292000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
236535000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10273000
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
52206000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
37238000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
39661000
CY2019Q3 us-gaap Lease Cost
LeaseCost
12080000
us-gaap Lease Cost
LeaseCost
35625000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-615000
CY2018Q4 us-gaap Liabilities
Liabilities
165550000
CY2019Q3 us-gaap Liabilities
Liabilities
309781000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
440179000
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
578503000
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
132793000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
88226000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
62494000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58367000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15755000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10178000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-29850000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-31838000
us-gaap Net Income Loss
NetIncomeLoss
20879000
us-gaap Net Income Loss
NetIncomeLoss
15765000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6097000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
8352000
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
183524000
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
10478000
us-gaap Operating Lease Cost
OperatingLeaseCost
31171000
us-gaap Operating Expenses
OperatingExpenses
298567000
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
104161000
us-gaap Operating Expenses
OperatingExpenses
302902000
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
103932000
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0669
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
29283000
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
155046000
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0
us-gaap Operating Lease Payments
OperatingLeasePayments
30130000
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
184329000
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
25000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
25000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
75000
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
21942000
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
42000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
323000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
98000
CY2018Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-713000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
9000
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3000
CY2018Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
9000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
27000
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
6449000
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
6262000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9873000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8707000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
30539000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-55000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14456000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19316000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11194000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11337000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18231000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12446000
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10476000
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8106000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2421000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2268000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
158087000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
216852000
CY2018Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
34000
CY2019Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
42000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
58000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
66000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
25664000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2824000
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6632000
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
8272000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
282366000
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
293761000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
210547000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
588455000
us-gaap Share Based Compensation
ShareBasedCompensation
2690000
us-gaap Share Based Compensation
ShareBasedCompensation
3781000
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
30000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
70000
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
0
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
0
CY2018Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
0
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1328000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1233000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
209320000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
608765000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
298824000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
103185000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
302942000
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
104161000
CY2018Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
71000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
274629000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
268722000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
291778000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
294142000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
267260000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
292423000
CY2018Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5175000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
14456000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19316000
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1473000
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
129025000
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
147661000
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
1572000
us-gaap Variable Lease Cost
VariableLeaseCost
4384000
hvt Stock Granted During Period Value Sharebased Compensation Directors Plan
StockGrantedDuringPeriodValueSharebasedCompensationDirectorsPlan
627000
CY2018Q3 hvt Stock Granted During Period Value Sharebased Compensation Directors Plan
StockGrantedDuringPeriodValueSharebasedCompensationDirectorsPlan
42000
hvt Stock Granted During Period Value Sharebased Compensation Directors Plan
StockGrantedDuringPeriodValueSharebasedCompensationDirectorsPlan
439000
CY2019Q3 hvt Percentage Of Earnings Or Losses Assumed In Calculation
PercentageOfEarningsOrLossesAssumedInCalculation
1
hvt Number Of Non Cancellable Operating Leases Entered During Period
NumberOfNonCancellableOperatingLeasesEnteredDuringPeriod
1
CY2019Q3 hvt Gross Profit And Other Revenue
GrossProfitAndOtherRevenue
112038000
hvt Gross Profit And Other Revenue
GrossProfitAndOtherRevenue
332157000
CY2018Q3 hvt Gross Profit And Other Revenue
GrossProfitAndOtherRevenue
115396000
hvt Gross Profit And Other Revenue
GrossProfitAndOtherRevenue
318719000
hvt Credit Service Charges
CreditServiceCharges
81000
hvt Credit Service Charges
CreditServiceCharges
60000
CY2018Q3 hvt Credit Service Charges
CreditServiceCharges
24000
CY2019Q3 hvt Credit Service Charges
CreditServiceCharges
19000
hvt Taxes On Vested Restricted Shares
TaxesOnVestedRestrictedShares
1328000
hvt Taxes On Vested Restricted Shares
TaxesOnVestedRestrictedShares
1233000

Files In Submission

Name View Source Status
0000216085-19-000026-index-headers.html Edgar Link pending
0000216085-19-000026-index.html Edgar Link pending
0000216085-19-000026.txt Edgar Link pending
0000216085-19-000026-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hvex311.htm Edgar Link pending
hvt-20190930.xml Edgar Link completed
hvt-20190930.xsd Edgar Link pending
hvt-20190930_cal.xml Edgar Link unprocessable
hvt-20190930_def.xml Edgar Link unprocessable
hvt-20190930_lab.xml Edgar Link unprocessable
hvt-20190930_pre.xml Edgar Link unprocessable
hvt10q93019.htm Edgar Link pending
hvtex10.htm Edgar Link pending
hvtex312.htm Edgar Link pending
hvtex32.htm Edgar Link pending
image0.jpg 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
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