$LESL
Leslie's, Inc.

2022 Q4 Form 10-K Financial Statement

#000095017022025883 Filed on November 30, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $475.6M $1.562B $1.343B
YoY Change 16.3% 16.32% 20.74%
Cost Of Revenue $258.4M $888.4M $747.8M
YoY Change 17.0% 18.81% 14.77%
Gross Profit $217.2M $673.7M $595.2M
YoY Change 15.49% 13.2% 29.18%
Gross Profit Margin 45.67% 43.13% 44.32%
Selling, General & Admin $134.1M $435.0M $386.1M
YoY Change 17.08% 12.67% 22.82%
% of Gross Profit 61.75% 64.56% 64.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.889M $27.80M $26.60M
YoY Change 7.36% 4.51% -7.96%
% of Gross Profit 3.63% 4.13% 4.47%
Operating Expenses $134.1M $435.0M $386.1M
YoY Change 17.08% 12.67% 22.82%
Operating Profit $83.07M $238.8M $209.1M
YoY Change 13.0% 14.19% 42.84%
Interest Expense -$9.581M $30.24M $34.41M
YoY Change 30.02% -12.12% -59.08%
% of Operating Profit -11.53% 12.67% 16.46%
Other Income/Expense, Net $10.00K -$397.0K -$2.377M
YoY Change -102.17% -83.3% 118.27%
Pretax Income $73.50M $208.1M $163.1M
YoY Change 23.98% 27.58% 166.6%
Income Tax $15.57M $49.09M $36.50M
% Of Pretax Income 21.18% 23.59% 22.37%
Net Earnings $57.93M $159.0M $126.6M
YoY Change 30.07% 25.58% 116.24%
Net Earnings / Revenue 12.18% 10.18% 9.43%
Basic Earnings Per Share -$0.16 $0.86 $0.68
Diluted Earnings Per Share $314.0K $0.85 $0.67
COMMON SHARES
Basic Shares Outstanding 183.5M 184.3M 185.4M
Diluted Shares Outstanding 183.5M 186.1M 190.0M

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $112.3M $112.3M $343.5M
YoY Change -67.31% -67.31% 118.65%
Cash & Equivalents $112.3M $112.3M $343.5M
Short-Term Investments
Other Short-Term Assets $15.60M $23.10M $20.56M
YoY Change 101.26% 12.35% -40.57%
Inventory $361.7M $361.7M $198.8M
Prepaid Expenses
Receivables $45.30M $40.74M $38.86M
Other Receivables $4.553M $4.553M $0.00
Total Short-Term Assets $542.4M $542.4M $601.7M
YoY Change -9.86% -9.86% 61.71%
LONG-TERM ASSETS
Property, Plant & Equipment $78.09M $314.6M $282.6M
YoY Change 11.02% 11.3% 15.83%
Goodwill $173.5M
YoY Change 71.6%
Intangibles $40.19M
YoY Change 44.01%
Long-Term Investments
YoY Change
Other Assets $37.72M $38.99M $28.88M
YoY Change 49.99% 34.99% 217.38%
Total Long-Term Assets $567.3M $567.3M $440.5M
YoY Change 28.77% 28.77% 17.69%
TOTAL ASSETS
Total Short-Term Assets $542.4M $542.4M $601.7M
Total Long-Term Assets $567.3M $567.3M $440.5M
Total Assets $1.110B $1.110B $1.042B
YoY Change 6.47% 6.47% 39.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $156.5M $156.5M $101.0M
YoY Change 54.97% 54.97% 9.26%
Accrued Expenses $134.7M $134.7M $146.8M
YoY Change -8.25% -8.25% 12.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.100M $8.100M $8.100M
YoY Change 0.0% 0.0% -2.41%
Total Short-Term Liabilities $348.0M $348.0M $309.7M
YoY Change 12.35% 12.35% 19.95%
LONG-TERM LIABILITIES
Long-Term Debt $779.7M $779.7M $160.0M
YoY Change -0.81% 387.22% -86.43%
Other Long-Term Liabilities $65.00K $179.9M $790.0M
YoY Change -98.34% -77.23% 482.2%
Total Long-Term Liabilities $779.8M $959.6M $950.1M
YoY Change -1.3% 1.01% -27.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $348.0M $348.0M $309.7M
Total Long-Term Liabilities $779.8M $959.6M $950.1M
Total Liabilities $1.308B $1.308B $1.260B
YoY Change 3.79% 3.79% -19.93%
SHAREHOLDERS EQUITY
Retained Earnings -$288.1M
YoY Change -31.81%
Common Stock $90.12M
YoY Change -56.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$198.0M -$198.0M -$217.6M
YoY Change
Total Liabilities & Shareholders Equity $1.110B $1.110B $1.042B
YoY Change 6.47% 6.47% 39.63%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income $57.93M $159.0M $126.6M
YoY Change 30.07% 25.58% 116.24%
Depreciation, Depletion And Amortization $7.889M $27.80M $26.60M
YoY Change 7.36% 4.51% -7.96%
Cash From Operating Activities -$6.014M $66.64M $169.6M
YoY Change -111.75% -60.7% 63.97%
INVESTING ACTIVITIES
Capital Expenditures -$5.799M $31.73M $28.93M
YoY Change -47.91% 9.66% 40.24%
Acquisitions $107.7M $107.7M $8.900M
YoY Change 1109.7% 43.83%
Other Investing Activities -$67.00M -$107.3M -$6.424M
YoY Change 3173.03% 1569.6% 3.61%
Cash From Investing Activities -$72.80M -$139.0M -$35.36M
YoY Change 452.38% 293.1% 31.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $152.1M
YoY Change
Debt Paid & Issued, Net $2.025M $8.100M $396.1M
YoY Change -97.96% 3699.86%
Cash From Financing Activities -2.025M -158.9M 53.78M
YoY Change 0.0% -395.4% -615.88%
NET CHANGE
Cash From Operating Activities -6.014M 66.64M 169.6M
Cash From Investing Activities -72.80M -139.0M -35.36M
Cash From Financing Activities -2.025M -158.9M 53.78M
Net Change In Cash -80.84M -231.2M 188.0M
YoY Change -324.67% -222.99% 184.08%
FREE CASH FLOW
Cash From Operating Activities -$6.014M $66.64M $169.6M
Capital Expenditures -$5.799M $31.73M $28.93M
Free Cash Flow -$215.0K $34.92M $140.6M
YoY Change -100.35% -75.17% 69.88%

Facts In Submission

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IncreaseDecreaseInInventories
-1762000
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1476000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2674000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14959000
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12670000
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9579000
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11164000
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13023000
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
23841000
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
35756000
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
38065000
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5566000
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5088000
CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4856000
CY2022 lesl Increase Decrease In Operating Lease Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilitiesNet
-5093000
CY2021 lesl Increase Decrease In Operating Lease Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilitiesNet
1786000
CY2020 lesl Increase Decrease In Operating Lease Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilitiesNet
7037000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66644000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
169272000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
102138000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31726000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28931000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20630000
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
107663000
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8868000
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
6188000
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
408000
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2444000
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-138981000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35355000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-26811000
CY2022 lesl Borrowings On Revolving Commitment
BorrowingsOnRevolvingCommitment
45000000
CY2021 lesl Borrowings On Revolving Commitment
BorrowingsOnRevolvingCommitment
0
CY2020 lesl Borrowings On Revolving Commitment
BorrowingsOnRevolvingCommitment
238750000
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
45000000
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
238750000
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8100000
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
396135000
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10425000
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
907000
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0
CY2022 lesl Proceeds From Options Exercised
ProceedsFromOptionsExercised
1378000
CY2021 lesl Proceeds From Options Exercised
ProceedsFromOptionsExercised
0
CY2020 lesl Proceeds From Options Exercised
ProceedsFromOptionsExercised
0
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
152146000
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
458587000
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-158868000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
53780000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10425000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-231205000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
187697000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
64902000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
343498000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
155801000
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
90899000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
112293000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
343498000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
155801000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
32617000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
36408000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
88678000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
41149000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
28559000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15305000
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Note 1—Business and Operations</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Leslie’s, Inc. (“Leslie’s,” “we,” “our,” “us,” “its,” or the “Company”) is the leading direct-to-consumer pool and spa care brand. We market and sell pool and spa supplies and related products and services, which primarily consist of maintenance items such as chemicals, equipment and parts, and cleaning accessories, as well as safety, recreational, and fitness-related products. We currently market our products through</span><span style="background-color:rgba(0,0,0,0);color:rgba(255,255,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">990</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> Company-operated locations in </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">39</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> states and e-commerce websites.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="margin-left:4.533%;text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Initial Public Offering</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">In November 2020, we completed an IPO of </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">30.0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million shares of common stock at a public offering price of $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">17.00</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> per share for net proceeds of $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">458.6</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million, after deducting underwriting discounts and commissions of $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">45.0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million and offering costs of $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">6.3</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million. We used the net proceeds from the IPO to repay the entire outstanding amount related to our $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">390.0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million senior unsecured notes. The remaining proceeds were used for working capital and general corporate purposes.</span></p>
CY2022 lesl Number Of Company Operated Locations
NumberOfCompanyOperatedLocations
990
CY2022Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
39
CY2022 us-gaap Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
156,500-for-1 stock
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
40188000
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
57943000
CY2021Q4 lesl Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
30037000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
27906000
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
55707000
CY2022 us-gaap Fiscal Period
FiscalPeriod
<p style="text-indent:4.533%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Fiscal Periods</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">We operate on a fiscal calendar that results in a fiscal year consisting of a 52- or 53-week period ending on the Saturday closest to September 30th. In a 52-week fiscal year, each quarter contains 13 weeks of operations; in a 53-week fiscal year, each of the first, second and third quarters includes 13 weeks of operations and the fourth quarter includes 14 weeks of operations. References to fiscal 2022, 2021, and 2020 refer to the 52 weeks ended October 1, 2022 and October 2, 2021, respectively, and 53 weeks ended October 3, 2020.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:4.533%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Prior Period Reclassifications</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Reclassifications of certain immaterial prior period amounts have been made to conform to current period presentation.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2020 lesl Sale Of Inventories
SaleOfInventories
-1342000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4939000
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:4.533%;font-size:10.0pt;margin-top:18.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Management is required to make certain estimates and assumptions during the preparation of the consolidated financial statements in accordance with GAAP. These estimates and assumptions impact the reported amount of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amount of net income during any period. Actual results could differ from those estimates.</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Significant estimates underlying the accompanying consolidated financial statements include </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">inventory reserves, lease assumptions, vendor rebate programs, our loyalty program, the determination of income taxes payable and deferred income taxes, sales returns reserve, self-insurance liabilities, the recoverability of intangible assets and goodwill, fair value of assets acquired in a business combination; and contingent consideration related to business combinations.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2020Q4 lesl Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
27816000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
27891000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3000000.0
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2200000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2600000
CY2022 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2021 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2020 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0
CY2022Q4 lesl Vendor Rebate Receivables
VendorRebateReceivables
19500000
CY2021Q4 lesl Vendor Rebate Receivables
VendorRebateReceivables
20200000
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
5856000
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022 lesl Impairment Charges Related To Goodwill Or Other Indefinite Lived Intangible Assets
ImpairmentChargesRelatedToGoodwillOrOtherIndefiniteLivedIntangibleAssets
0
CY2021 lesl Impairment Charges Related To Goodwill Or Other Indefinite Lived Intangible Assets
ImpairmentChargesRelatedToGoodwillOrOtherIndefiniteLivedIntangibleAssets
0
CY2020 lesl Impairment Charges Related To Goodwill Or Other Indefinite Lived Intangible Assets
ImpairmentChargesRelatedToGoodwillOrOtherIndefiniteLivedIntangibleAssets
0
CY2022Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P5Y
CY2022 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2022 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
one additional five-year
CY2022 us-gaap Lessee Operating Lease Option To Terminate
LesseeOperatingLeaseOptionToTerminate
Some of our leases may include the option to terminate in less than five years.
CY2022 us-gaap Lessee Operating Lease Existence Of Option To Terminate
LesseeOperatingLeaseExistenceOfOptionToTerminate
true
CY2022 lesl Credit Payment Terms For Commercial Customers
CreditPaymentTermsForCommercialCustomers
P60D
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
4600000
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
5900000
CY2022 lesl Charged To Costs And Expenses Inventories
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865000
CY2022 lesl Sale Of Inventories
SaleOfInventories
-850000
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
5871000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4939000
CY2020 us-gaap Goodwill And Intangible Asset Impairment
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0
CY2022Q4 us-gaap Finite Lived Intangible Assets Period Increase Decrease
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8400000
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4898000
CY2022Q4 lesl Inventory Related Accruals Current
InventoryRelatedAccrualsCurrent
16034000
CY2021Q4 lesl Inventory Related Accruals Current
InventoryRelatedAccrualsCurrent
12444000
CY2022Q4 lesl Loyalty And Deferred Revenue Current
LoyaltyAndDeferredRevenueCurrent
5541000
CY2021Q4 lesl Loyalty And Deferred Revenue Current
LoyaltyAndDeferredRevenueCurrent
6685000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
38000000.0
CY2021 us-gaap Advertising Expense
AdvertisingExpense
25400000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
19400000
CY2021 lesl Charged To Costs And Expenses Inventories
ChargedToCostsAndExpensesInventories
1993000
CY2021 lesl Sale Of Inventories
SaleOfInventories
-1076000
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
5856000
CY2022Q4 lesl Capitalized Software And Development Costs Remaining To Be Amortized
CapitalizedSoftwareAndDevelopmentCostsRemainingToBeAmortized
7600000
CY2021Q4 lesl Capitalized Software And Development Costs Remaining To Be Amortized
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6900000
CY2022Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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107663000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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20050000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
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15200000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
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1692000
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
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36942000
CY2022Q4 us-gaap Goodwill Acquired During Period
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70721000
CY2021Q4 us-gaap Goodwill
Goodwill
101114000
CY2020Q4 us-gaap Goodwill
Goodwill
93295000
CY2022 us-gaap Goodwill Acquired During Period
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72399000
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
7819000
CY2022Q4 us-gaap Goodwill
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173513000
CY2021Q4 us-gaap Goodwill
Goodwill
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CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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73193000
CY2022Q4 lesl Intangible Assets Accumulated Amortization
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33005000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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3507000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2868000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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2772000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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2525000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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2402000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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16764000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
30838000
CY2019Q3 us-gaap Inventory Valuation Reserves
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3622000
CY2020 lesl Charged To Costs And Expenses Inventories
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CY2022Q4 lesl Vendor And Other Rebates Receivable
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24546000
CY2021Q4 lesl Vendor And Other Rebates Receivable
VendorAndOtherRebatesReceivable
23222000
CY2022Q4 lesl Customer Receivables Current
CustomerReceivablesCurrent
17708000
CY2021Q4 lesl Customer Receivables Current
CustomerReceivablesCurrent
13473000
CY2022Q4 us-gaap Other Receivables Net Current
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4553000
CY2021Q4 us-gaap Other Receivables Net Current
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4621000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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1512000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2022Q4 us-gaap Accounts Receivable Net Current
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45295000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
38860000
CY2022Q4 us-gaap Inventory Raw Materials
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9065000
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
4244000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
352621000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
194545000
CY2022Q4 us-gaap Inventory Net
InventoryNet
361686000
CY2021Q4 us-gaap Inventory Net
InventoryNet
198789000
CY2022Q4 us-gaap Accounts Payable Current
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156456000
CY2021Q4 us-gaap Accounts Payable Current
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100960000
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
34010000
CY2021Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
40071000
CY2022Q4 lesl Accrued Customer Deposits Current
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13250000
CY2021Q4 lesl Accrued Customer Deposits Current
AccruedCustomerDepositsCurrent
19861000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
342000
CY2022Q4 lesl Prepaid Occupancy Costs Current
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CY2021Q4 lesl Prepaid Occupancy Costs Current
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7198000
CY2022Q4 us-gaap Prepaid Taxes
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CY2021Q4 us-gaap Prepaid Taxes
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2205000
CY2022Q4 us-gaap Other Prepaid Expense Current
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2493000
CY2021Q4 us-gaap Other Prepaid Expense Current
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CY2022Q4 us-gaap Other Assets Current
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15598000
CY2021Q4 us-gaap Other Assets Current
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8878000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
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23104000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
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20564000
CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Property Plant And Equipment Gross
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392271000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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342860000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
321936000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
78087000
CY2021Q4 us-gaap Property Plant And Equipment Net
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70335000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27800000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26600000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28900000
CY2022 us-gaap Capitalized Computer Software Additions
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6500000
CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2800000
CY2020 us-gaap Capitalized Computer Software Additions
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3000000.0
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
20900000
CY2021Q4 us-gaap Capitalized Computer Software Accumulated Amortization
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15000000.0
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
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9130000
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
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13975000
CY2022Q4 us-gaap Accrued Insurance Current
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CY2021Q4 us-gaap Accrued Insurance Current
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CY2022Q4 us-gaap Other Accrued Liabilities Current
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22929000
CY2021Q4 us-gaap Other Accrued Liabilities Current
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27024000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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266972000
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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CapitalExpendituresIncludedInOtherAccruedLiabilitiesCurrent
1100000
CY2021Q4 lesl Capital Expenditures Included In Other Accrued Liabilities Current
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1500000
CY2020Q4 lesl Capital Expenditures Included In Other Accrued Liabilities Current
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1100000
CY2022Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8100000
CY2021Q4 us-gaap Long Term Debt Current
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8100000
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
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2805000
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
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3285000
CY2022Q4 us-gaap Deferred Finance Costs Gross
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7219000
CY2021Q4 us-gaap Deferred Finance Costs Gross
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8440000
CY2022Q4 us-gaap Long Term Debt Noncurrent
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CY2021Q4 us-gaap Long Term Debt Noncurrent
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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8100000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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10125000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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8100000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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757350000
CY2022Q4 us-gaap Long Term Debt
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797850000
CY2022 lesl Lease Expiration Month And Year
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2033-12
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
40959000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
22844000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
17863000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
272291000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
32083000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
72922000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
68130000
CY2020 us-gaap Operating Lease Cost
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66642000
CY2022 us-gaap Variable Lease Cost
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CY2021 us-gaap Variable Lease Cost
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CY2020 us-gaap Variable Lease Cost
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CY2022 us-gaap Lease Cost
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CY2021 us-gaap Lease Cost
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CY2020 us-gaap Lease Cost
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67461000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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805000
CY2021 lesl Income Tax Reconciliation Deduction Limit
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2826000
CY2020 lesl Income Tax Reconciliation Deduction Limit
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0
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CY2021 lesl Effective Income Tax Rate Reconciliation Permanent Differences
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564000
CY2020 lesl Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
71851000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
67558000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
51216000
CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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43705000
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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-2360000
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
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6734000
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2022 us-gaap Income Tax Expense Benefit
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49088000
CY2021 us-gaap Income Tax Expense Benefit
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36495000
CY2020 us-gaap Income Tax Expense Benefit
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2627000
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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4067000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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5674000
CY2022Q4 us-gaap Deferred Tax Assets Inventory
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3496000
CY2021Q4 us-gaap Deferred Tax Assets Inventory
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0
CY2022Q4 lesl Deferred Tax Assets Lease Liabilities
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58710000
CY2021Q4 lesl Deferred Tax Assets Lease Liabilities
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54489000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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2151000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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1646000
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1059000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
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1138000
CY2022Q4 us-gaap Deferred Tax Assets Gross
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69483000
CY2021Q4 us-gaap Deferred Tax Assets Gross
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62947000
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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4066000
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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1392000
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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4302000
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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3849000
CY2022Q4 lesl Deferred Tax Liabilities Leased Assets
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57798000
CY2021Q4 lesl Deferred Tax Liabilities Leased Assets
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52264000
CY2022Q4 us-gaap Deferred Tax Liabilities Financing Arrangements
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CY2021Q4 us-gaap Deferred Tax Liabilities Financing Arrangements
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CY2021Q4 us-gaap Deferred Tax Liabilities Other
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1309000
CY2022Q4 us-gaap Deferred Income Tax Liabilities
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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1268000
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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3734000
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
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5400000
CY2022Q3 lesl Corporate Minimum Tax Rate
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CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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29100000
CY2022Q4 us-gaap Purchase Obligation Due In Next Twelve Months
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4143000
CY2022Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
4422000
CY2022Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
3366000
CY2022Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
3120000
CY2022Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
1339000
CY2022Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
260000
CY2022Q4 us-gaap Purchase Obligation
PurchaseObligation
16650000
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2022 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.04
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1400000
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
800000
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000
CY2020 us-gaap Payment For Management Fee
PaymentForManagementFee
4900000
CY2022 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 lesl Share Based Compensation Arrangement By Share Based Payment Award Options Converted To Restricted Stock Units
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsConvertedToRestrictedStockUnits
4800000
CY2022 lesl Number Of Trading Days
NumberOfTradingDays
P20D
CY2022 us-gaap Net Income Loss
NetIncomeLoss
159029000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
126634000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
58561000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
184347000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
185412000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156500000
CY2022 lesl Dilutive Securities Excluded From Computation Of Earnings Per Share Amount
DilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021 lesl Dilutive Securities Excluded From Computation Of Earnings Per Share Amount
DilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
567000
CY2020 lesl Dilutive Securities Excluded From Computation Of Earnings Per Share Amount
DilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022 lesl Dilutive Shares Restricted Stock Units
DilutiveSharesRestrictedStockUnits
1801000
CY2021 lesl Dilutive Shares Restricted Stock Units
DilutiveSharesRestrictedStockUnits
4030000
CY2020 lesl Dilutive Shares Restricted Stock Units
DilutiveSharesRestrictedStockUnits
0
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
186148000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190009000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156500000
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.68
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4621000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
323000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0

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