$HVT
HAVERTY FURNITURE COMPANIES INC

2022 Q1 Form 10-Q Financial Statement

#000114036122018051 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $238.9M $236.5M
YoY Change 1.04% 31.8%
Cost Of Revenue $97.99M $101.5M
YoY Change -3.42% 27.01%
Gross Profit $141.0M $135.0M
YoY Change 4.39% 35.64%
Gross Profit Margin 58.99% 57.1%
Selling, General & Admin $115.2M $109.8M
YoY Change 4.91% 12.54%
% of Gross Profit 81.69% 81.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.272M $4.000M
YoY Change 6.8% -21.94%
% of Gross Profit 3.03% 2.96%
Operating Expenses $115.3M $109.7M
YoY Change 5.09% 12.56%
Operating Profit $25.65M $25.31M
YoY Change 1.34% 1124.38%
Interest Expense $74.00K $100.0K
YoY Change -26.0% -50.0%
% of Operating Profit 0.29% 0.4%
Other Income/Expense, Net
YoY Change
Pretax Income $25.72M $25.36M
YoY Change 1.4% 1002.78%
Income Tax $6.359M $5.958M
% Of Pretax Income 24.72% 23.49%
Net Earnings $19.36M $19.41M
YoY Change -0.23% 966.85%
Net Earnings / Revenue 8.1% 8.21%
Basic Earnings Per Share
Diluted Earnings Per Share $1.030M $960.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $162.3M $210.1M
YoY Change -22.73% 148.35%
Cash & Equivalents $162.3M $210.1M
Short-Term Investments
Other Short-Term Assets $30.93M $29.00M
YoY Change 6.67% 314.05%
Inventory $119.9M $103.6M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $313.1M $342.7M
YoY Change -8.63% 55.64%
LONG-TERM ASSETS
Property, Plant & Equipment $349.8M $336.9M
YoY Change 3.83% 119.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $30.95M $28.60M
YoY Change 8.22% 211.24%
Total Long-Term Assets $380.8M $365.6M
YoY Change 4.15% 3.07%
TOTAL ASSETS
Total Short-Term Assets $313.1M $342.7M
Total Long-Term Assets $380.8M $365.6M
Total Assets $693.9M $708.3M
YoY Change -2.04% 23.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.42M $25.00M
YoY Change 29.66% 48.64%
Accrued Expenses $82.80M $85.20M
YoY Change -2.82% 186.3%
Deferred Revenue $98.50M $104.7M
YoY Change -5.92% 300.02%
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $213.7M $214.9M
YoY Change -0.54% 46.44%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $219.7M $223.0M
YoY Change -1.46% 920.36%
Total Long-Term Liabilities $219.7M $223.0M
YoY Change -1.46% 920.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $213.7M $214.9M
Total Long-Term Liabilities $219.7M $223.0M
Total Liabilities $433.5M $438.0M
YoY Change -1.03% 35.84%
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 $260.4M $270.3M
YoY Change
Total Liabilities & Shareholders Equity $693.9M $708.3M
YoY Change -2.04% 23.21%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $19.36M $19.41M
YoY Change -0.23% 966.85%
Depreciation, Depletion And Amortization $4.272M $4.000M
YoY Change 6.8% -21.94%
Cash From Operating Activities $20.58M $19.60M
YoY Change 4.99% -190.83%
INVESTING ACTIVITIES
Capital Expenditures -$7.107M -$4.700M
YoY Change 51.21% -289.52%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$7.107M -$4.700M
YoY Change 51.21% 89.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.28M -4.800M
YoY Change 259.96% -114.58%
NET CHANGE
Cash From Operating Activities 20.58M 19.60M
Cash From Investing Activities -7.107M -4.700M
Cash From Financing Activities -17.28M -4.800M
Net Change In Cash -3.807M 10.10M
YoY Change -137.69% 13.91%
FREE CASH FLOW
Cash From Operating Activities $20.58M $19.60M
Capital Expenditures -$7.107M -$4.700M
Free Cash Flow $27.69M $24.30M
YoY Change 13.93% -201.0%

Facts In Submission

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