2021 Q3 Form 10-Q Financial Statement
#000095017021002940 Filed on November 04, 2021
Income Statement
Concept | 2021 Q3 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
Revenue | $244.1M | $151.0M | $142.8M |
YoY Change | 61.59% | -2.05% | -11.81% |
Cost Of Revenue | $109.6M | $67.57M | $70.70M |
YoY Change | 62.19% | -5.52% | -1.09% |
Gross Profit | $134.5M | $83.47M | $72.07M |
YoY Change | 61.11% | 0.95% | -20.29% |
Gross Profit Margin | 55.1% | 55.26% | 50.48% |
Selling, General & Admin | $109.5M | $57.51M | $49.47M |
YoY Change | 90.37% | -17.6% | -26.59% |
% of Gross Profit | 81.42% | 68.91% | 68.64% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.119M | $1.250M | $1.210M |
YoY Change | -10.48% | 9.65% | 37.5% |
% of Gross Profit | 0.83% | 1.5% | 1.68% |
Operating Expenses | $115.3M | $61.67M | $53.27M |
YoY Change | 86.9% | -11.7% | -26.72% |
Operating Profit | $19.21M | $21.80M | $18.80M |
YoY Change | -11.86% | 69.84% | 6.07% |
Interest Expense | -$300.0K | -$200.0K | |
YoY Change | |||
% of Operating Profit | -1.38% | -1.06% | |
Other Income/Expense, Net | $158.0K | -$253.0K | -$174.0K |
YoY Change | -162.45% | -3714.29% | -60.81% |
Pretax Income | $19.37M | $21.54M | $18.63M |
YoY Change | -10.09% | 67.77% | 7.79% |
Income Tax | $2.701M | $2.104M | $4.394M |
% Of Pretax Income | 13.94% | 9.77% | 23.59% |
Net Earnings | $16.67M | $19.44M | $14.24M |
YoY Change | -14.25% | 103.35% | 11.73% |
Net Earnings / Revenue | 6.83% | 12.87% | 9.97% |
Basic Earnings Per Share | $0.23 | $0.28 | $0.21 |
Diluted Earnings Per Share | $0.22 | $0.27 | $0.20 |
COMMON SHARES | |||
Basic Shares Outstanding | 72.81M | 69.87M | 69.42M |
Diluted Shares Outstanding | 74.88M | 72.28M | 71.66M |
Balance Sheet
Concept | 2021 Q3 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $221.6M | $158.7M | $150.8M |
YoY Change | 39.64% | 210.57% | 236.61% |
Cash & Equivalents | $221.6M | $158.7M | $150.8M |
Short-Term Investments | |||
Other Short-Term Assets | $39.32M | $19.90M | $19.50M |
YoY Change | 97.56% | -24.05% | -23.23% |
Inventory | $141.8M | $73.60M | $64.50M |
Prepaid Expenses | |||
Receivables | $6.715M | $4.700M | $4.800M |
Other Receivables | $10.44M | $2.500M | $0.00 |
Total Short-Term Assets | $419.4M | $259.4M | $239.7M |
YoY Change | 61.7% | 38.93% | 31.51% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $9.631M | $11.90M | $12.70M |
YoY Change | -19.07% | -20.08% | -10.81% |
Goodwill | $2.042M | ||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.760M | $16.70M | $16.50M |
YoY Change | -83.47% | 2396.26% | 2274.1% |
Total Long-Term Assets | $37.14M | $31.90M | $32.50M |
YoY Change | 16.42% | -8.9% | -2.39% |
TOTAL ASSETS | |||
Total Short-Term Assets | $419.4M | $259.4M | $239.7M |
Total Long-Term Assets | $37.14M | $31.90M | $32.50M |
Total Assets | $456.6M | $291.3M | $272.2M |
YoY Change | 56.74% | 31.38% | 26.27% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $54.91M | $38.80M | $25.90M |
YoY Change | 41.53% | 50.32% | -12.76% |
Accrued Expenses | $37.74M | $21.70M | $20.70M |
YoY Change | 73.91% | 2.81% | -6.5% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $15.00M | $24.00M |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $169.3M | $116.4M | $120.8M |
YoY Change | 45.48% | 15.31% | 15.82% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $169.3M | $116.4M | $120.8M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $173.4M | $116.4M | $120.8M |
YoY Change | 49.01% | 15.36% | 15.82% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $183.9M | ||
YoY Change | |||
Common Stock | $99.15M | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $283.1M | $174.9M | $151.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $456.6M | $291.3M | $272.2M |
YoY Change | 56.74% | 31.38% | 26.27% |
Cashflow Statement
Concept | 2021 Q3 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $16.67M | $19.44M | $14.24M |
YoY Change | -14.25% | 103.35% | 11.73% |
Depreciation, Depletion And Amortization | $1.119M | $1.250M | $1.210M |
YoY Change | -10.48% | 9.65% | 37.5% |
Cash From Operating Activities | $1.855M | $14.34M | $53.81M |
YoY Change | -87.06% | 56.72% | 696.01% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$515.0K | -$460.0K | -$830.0K |
YoY Change | 11.96% | -72.94% | -82.6% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$515.0K | -$460.0K | -$830.0K |
YoY Change | 11.96% | -72.94% | -82.6% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.231M | -6.300M | -5.660M |
YoY Change | -119.54% | 549.48% | -135.85% |
NET CHANGE | |||
Cash From Operating Activities | 1.855M | 14.34M | 53.81M |
Cash From Investing Activities | -515.0K | -460.0K | -830.0K |
Cash From Financing Activities | 1.231M | -6.300M | -5.660M |
Net Change In Cash | 2.571M | 7.580M | 47.32M |
YoY Change | -66.08% | 16.98% | 166.14% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.855M | $14.34M | $53.81M |
Capital Expenditures | -$515.0K | -$460.0K | -$830.0K |
Free Cash Flow | $2.370M | $14.80M | $54.64M |
YoY Change | -83.99% | 36.41% | 373.89% |
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MarketingExpense
|
46955000 | |
CY2020Q3 | us-gaap |
Marketing Expense
MarketingExpense
|
18903000 | |
us-gaap |
Marketing Expense
MarketingExpense
|
108054000 | ||
us-gaap |
Marketing Expense
MarketingExpense
|
55491000 | ||
CY2021Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
24180000 | |
CY2020Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
17741000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6323000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
66028000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
52391000 | ||
CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
115265000 | |
CY2020Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
61672000 | |
us-gaap |
Operating Expenses
OperatingExpenses
|
285004000 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
182035000 | ||
CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
19211000 | |
CY2020Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
21795000 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
73355000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44453000 | ||
CY2021Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
158000 | |
CY2020Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-253000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-339000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-300000 | ||
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
19369000 | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
21542000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
73016000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
44153000 | ||
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2701000 | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2104000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2558000 | ||
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16668000 | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
19438000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
70458000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
37830000 | ||
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.97 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.54 | ||
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | |
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.27 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.95 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72810000 | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
69872000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72330000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
69537000 | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
74881000 | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72281000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
74449000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73155000 | ||
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16668000 | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
19438000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
70458000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
37830000 | ||
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-548000 | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1844000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1768000 | ||
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-246000 | ||
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
1703000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1844000 | ||
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
30000000 | ||
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
15000000 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
41000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9448000 | ||
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
343000 | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-499000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-124000 | ||
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-548000 | |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
343000 | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-499000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-124000 | ||
CY2021Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
16120000 | |
CY2020Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
19781000 | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
69959000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
37706000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
70458000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
37830000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3390000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3646000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3664000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2412000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-842000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2094000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-38000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
46496000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-30670000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
18985000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-4246000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2260000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-28000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
15576000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
8967000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
800000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
350000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
13005000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2297000 | ||
rvlv |
Increase Decrease Customer Refund Liability Current
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
25240000 | ||
rvlv |
Increase Decrease Customer Refund Liability Current
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
-11743000 | ||
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
5867000 | ||
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
31000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
68411000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
76227000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1768000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
8500000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-499000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-124000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
75592000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4065000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
9448000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
19024000 | ||
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
65418000 | |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
221605000 | |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
158701000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
295000 | ||
CY2021Q3 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
50842000 | |
CY2020Q3 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
23361000 | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
93283000 | ||
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
146013000 | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1511000 | ||
CY2021Q3 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
50842000 | |
CY2020Q3 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
23361000 | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;line-height:1.3;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:Times New Roman;">Note 1. Description of Business</span></p><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:Times New Roman;">Revolve Group, Inc., or REVOLVE, is an online fashion retailer for Millennial and Generation Z consumers. Through our websites and mobile apps we deliver an aspirational customer experience from a vast, yet curated merchandise offering. Our dynamic platform connects a deeply engaged community of consumers, global fashion influencers, and emerging, established and owned brands. We are headquartered in Los Angeles County, California. </span> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="margin-left:4.533%;text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.3;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:Times New Roman;font-style:italic;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;line-height:1.3;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:Times New Roman;">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include: the allowance for sales returns, the valuation of deferred tax assets, inventory, equity‑based compensation, goodwill, reserves for income tax uncertainties and other contingencies, and breakage of store credit and gift cards.</span></p> | ||
rvlv |
Loyalty Program Description
LoyaltyProgramDescription
|
In March 2020 we launched the REVOLVE Loyalty Club within the REVOLVE segment and in April 2021 we expanded the program to include the FORWARD (FWRD) segment. Eligible customers who enroll in the program will generally earn points for every dollar spent. Points earned will automatically convert into a $20 reward once the Loyalty Club member earns 2,000 points. | ||
rvlv |
Reward Amount Per Two Thousand Reward Point
RewardAmountPerTwoThousandRewardPoint
|
20 | ||
rvlv |
Number Of Reward Point
NumberOfRewardPoint
|
2000 | ||
CY2021Q2 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
44024000 | |
CY2020Q2 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
28336000 | |
CY2020Q4 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
25602000 | |
CY2019Q4 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
35104000 | |
CY2021Q3 | rvlv |
Contract With Customer Liability Sales Return Reserves Sales Return
ContractWithCustomerLiabilitySalesReturnReservesSalesReturn
|
254974000 | |
CY2020Q3 | rvlv |
Contract With Customer Liability Sales Return Reserves Sales Return
ContractWithCustomerLiabilitySalesReturnReservesSalesReturn
|
124142000 | |
rvlv |
Contract With Customer Liability Sales Return Reserves Sales Return
ContractWithCustomerLiabilitySalesReturnReservesSalesReturn
|
602232000 | ||
rvlv |
Contract With Customer Liability Sales Return Reserves Sales Return
ContractWithCustomerLiabilitySalesReturnReservesSalesReturn
|
383316000 | ||
CY2021Q3 | rvlv |
Contract With Customer Liability Sales Return Reserves Provision
ContractWithCustomerLiabilitySalesReturnReservesProvision
|
261792000 | |
CY2020Q3 | rvlv |
Contract With Customer Liability Sales Return Reserves Provision
ContractWithCustomerLiabilitySalesReturnReservesProvision
|
119167000 | |
rvlv |
Contract With Customer Liability Sales Return Reserves Provision
ContractWithCustomerLiabilitySalesReturnReservesProvision
|
627472000 | ||
rvlv |
Contract With Customer Liability Sales Return Reserves Provision
ContractWithCustomerLiabilitySalesReturnReservesProvision
|
371573000 | ||
rvlv |
Emerging Growth Company Description
EmergingGrowthCompanyDescription
|
We will lose our emerging growth company status as of December 31, 2021, when we become a “large accelerated filer” as defined in Rule 12b-2 of the Securities Exchange Act of 1934, as amended. | ||
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
28250 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
140569 | ||
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
29.13 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
21.15 | ||
CY2021Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
2200000 | |
CY2020Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3400000 | |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
15700000 | ||
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
5100000 | ||
CY2021Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.139 | |
CY2020Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.098 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.035 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.143 | ||
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
264448000 | |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1231000 | |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1336000 | |
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-548000 | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16668000 | |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
19369000 | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
21542000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
73016000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
44153000 | ||
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2701000 | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2104000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2558000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6323000 | ||
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
283135000 | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
151437000 | |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2708000 | |
CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
980000 | |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
343000 | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
19438000 | |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
174906000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
200064000 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
9448000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3664000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-499000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
70458000 | ||
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
283135000 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
130764000 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
4065000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2412000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-124000 | ||
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-41000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
37830000 | ||
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
174906000 | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | ||
us-gaap |
Segment Reporting Disclosure Of Major Customers
SegmentReportingDisclosureOfMajorCustomers
|
During the three and nine months ended September 30, 2021 and 2020, no customer represented over 10% of net sales. | ||
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
244064000 | |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
151036000 |