$TLF
TANDY LEATHER FACTORY INC

2019 Q2 Form 10-Q Financial Statement

#000114036121021870 Filed on June 22, 2021

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $17.20M $19.19M
YoY Change -10.37% -0.49%
Cost Of Revenue $7.827M $6.954M
YoY Change 12.56% 8.9%
Gross Profit $9.370M $12.23M
YoY Change -23.41% -5.13%
Gross Profit Margin 54.49% 63.76%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $539.6K $413.4K
YoY Change 30.5% -12.28%
% of Gross Profit 5.76% 3.38%
Operating Expenses $10.62M $10.65M
YoY Change -0.32% -5.24%
Operating Profit -$1.247M $1.582M
YoY Change -178.82% -4.43%
Interest Expense $0.00 $78.18K
YoY Change -100.0% 45.64%
% of Operating Profit 4.94%
Other Income/Expense, Net $55.00K $53.66K
YoY Change 2.5% -246.34%
Pretax Income -$1.192M $1.636M
YoY Change -172.87% 1.05%
Income Tax -$317.0K $478.0K
% Of Pretax Income 29.22%
Net Earnings -$875.0K $1.158M
YoY Change -175.58% 12.65%
Net Earnings / Revenue -5.09% 6.03%
Basic Earnings Per Share -$0.10 $0.13
Diluted Earnings Per Share -$0.10 $0.13
COMMON SHARES
Basic Shares Outstanding 8.934M 9.180M
Diluted Shares Outstanding 8.934M 9.183M

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.32M $18.96M
YoY Change 7.22% 27.73%
Cash & Equivalents $11.27M $18.96M
Short-Term Investments $9.050M
Other Short-Term Assets $162.6K $163.0K
YoY Change -0.28% 16.04%
Inventory $26.19M $35.12M
Prepaid Expenses $1.375M
Receivables $428.7K $496.3K
Other Receivables $0.00 $0.00
Total Short-Term Assets $50.26M $56.18M
YoY Change -10.54% 2.62%
LONG-TERM ASSETS
Property, Plant & Equipment $13.50M $15.02M
YoY Change -10.1% -4.69%
Goodwill $958.8K $958.5K
YoY Change 0.04% -0.14%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $374.9K $384.7K
YoY Change -2.56% 5.84%
Total Long-Term Assets $30.97M $17.66M
YoY Change 75.36% 0.91%
TOTAL ASSETS
Total Short-Term Assets $50.26M $56.18M
Total Long-Term Assets $30.97M $17.66M
Total Assets $81.23M $73.84M
YoY Change 10.01% 2.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.545M $3.116M
YoY Change -50.43% 109.95%
Accrued Expenses $2.891M $3.136M
YoY Change -7.83% -29.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $1.741M
YoY Change -100.0% 13.33%
Total Short-Term Liabilities $8.429M $8.146M
YoY Change 3.47% 7.69%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $6.614M
YoY Change -100.0% 13.33%
Other Long-Term Liabilities $556.3K $597.7K
YoY Change -6.94%
Total Long-Term Liabilities $556.3K $7.212M
YoY Change -92.29% 23.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.429M $8.146M
Total Long-Term Liabilities $556.3K $7.212M
Total Liabilities $8.985M $15.36M
YoY Change -41.5% 14.61%
SHAREHOLDERS EQUITY
Retained Earnings $64.76M $62.75M
YoY Change 3.2% 1.66%
Common Stock $24.85K $24.81K
YoY Change 0.17% -8.64%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.762M $8.380M
YoY Change 16.49% -18.47%
Treasury Stock Shares $1.422M $1.183M
Shareholders Equity $58.62M $57.28M
YoY Change
Total Liabilities & Shareholders Equity $81.23M $73.84M
YoY Change 10.01% 2.21%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$875.0K $1.158M
YoY Change -175.58% 12.65%
Depreciation, Depletion And Amortization $539.6K $413.4K
YoY Change 30.5% -12.28%
Cash From Operating Activities $2.662M -$105.6K
YoY Change -2619.94% -92.29%
INVESTING ACTIVITIES
Capital Expenditures -$105.5K -$181.8K
YoY Change -41.97% -145.46%
Acquisitions
YoY Change
Other Investing Activities -$3.933M $2.160K
YoY Change -182174.07% -110.8%
Cash From Investing Activities -$4.038M -$179.7K
YoY Change 2147.51% -57.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.490K -12.25K
YoY Change -22.53% -105.57%
NET CHANGE
Cash From Operating Activities 2.662M -105.6K
Cash From Investing Activities -4.038M -179.7K
Cash From Financing Activities -9.490K -12.25K
Net Change In Cash -1.386M -297.5K
YoY Change 365.89% -81.05%
FREE CASH FLOW
Cash From Operating Activities $2.662M -$105.6K
Capital Expenditures -$105.5K -$181.8K
Free Cash Flow $2.767M $76.22K
YoY Change 3530.4% -104.31%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10353155
CY2018Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
480112
CY2019Q2 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
485250
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2154394
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1544580
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
408170
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
428733
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5401508
CY2019Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2890612
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1444185
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1042359
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13625261
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14032058
CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4644896
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4267138
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
5053530
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-957811
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
23719
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28969
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
191936
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
185825
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
15703
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6132
CY2019Q2 us-gaap Assets
Assets
81229082
CY2018Q4 us-gaap Assets
Assets
76781327
CY2019Q2 us-gaap Assets Current
AssetsCurrent
50255524
CY2018Q4 us-gaap Assets Current
AssetsCurrent
59816578
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-12796408
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
872471
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18082857
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24070351
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11273943
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18955328
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11273943
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24070351
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
300000
CY2019Q2 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
200000
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7826369
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
16523021
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
6953730
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
14765248
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
1035003
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
880094
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10354563
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0024
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0024
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
24848
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
24851
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-788334
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2330633
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1045970
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
872969
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
0
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1300000
CY2018Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
900000
CY2019Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
800000
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1200000
CY2019Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
467848
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1092293
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
624445
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-154643
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-417036
CY2019Q2 us-gaap Gross Profit
GrossProfit
9370446
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
248013
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.266
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.266
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.292
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.292
CY2018Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2018Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;"><font style="font-style: italic;"><u>Accounts Receivable and Allowance for Uncollectible Accounts.</u></font>&#160; Our receivables primarily arise from the sale of merchandise to customers that have applied for and been granted credit.&#160; Accounts receivable are stated at amounts due, net of an allowance for doubtful accounts.&#160; Accounts receivable are generally due within 30 days of invoicing.&#160; We maintain allowances for bad debts based on factors such as the composition of accounts receivable, the age of the accounts, historical bad debt experience, and our evaluation of the financial condition and past collection history of each customer.&#160; Write-offs have historically not been material, but receivables are evaluated for write off as they are deemed uncollectible based on a periodic review of accounts.</div></div>
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
692202
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
690869
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
707369
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
707369
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15167
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
16500
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-133525
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
215866
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-4556
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
34737
CY2018Q4 us-gaap Goodwill
Goodwill
954765
CY2019Q2 us-gaap Goodwill
Goodwill
958817
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2339493
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
300000
us-gaap Gross Profit
GrossProfit
24922552
CY2018Q2 us-gaap Gross Profit
GrossProfit
12233492
us-gaap Gross Profit
GrossProfit
21615116
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-675164
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1635766
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1193253
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
877763
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3778639
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
233619
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1104240
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
478023
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-317586
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
216874
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-422302
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
0
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-26063
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
44689
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
22534
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
721717
CY2019Q2 us-gaap Lease Cost
LeaseCost
1260247
us-gaap Lease Cost
LeaseCost
2557705
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1920897
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
1541142
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
202651
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
688434
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7182787
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-469347
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-165857
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2290
us-gaap Interest Expense
InterestExpense
32383
CY2019Q2 us-gaap Interest Expense
InterestExpense
0
CY2018Q2 us-gaap Interest Expense
InterestExpense
78182
us-gaap Interest Expense
InterestExpense
142824
CY2019Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
25001014
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
31263806
CY2019Q2 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
688776
CY2018Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
919202
CY2018Q4 us-gaap Inventory Net
InventoryNet
33302549
CY2019Q2 us-gaap Inventory Net
InventoryNet
26189055
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3888665
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
18347948
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2150237
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1721031
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2048191
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2408708
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3279719
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
81229082
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
76781327
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
8428544
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8075418
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
519516
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
8448502
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9692125
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12248
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5697674
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1716588
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9049970
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-414833
us-gaap Net Income Loss
NetIncomeLoss
644144
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1157743
us-gaap Net Income Loss
NetIncomeLoss
2674399
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-875667
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
1516656
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1519811
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
53660
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-87876
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
54125
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
142396
CY2019Q2 us-gaap Number Of Stores
NumberOfStores
116
CY2018 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2018 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3993352
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
12204359
us-gaap Operating Lease Payments
OperatingLeasePayments
2032013
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
1016719
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
15657859
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.10
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
CY2019Q2 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
16197711
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1734140
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
0
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
10651386
us-gaap Operating Expenses
OperatingExpenses
20649477
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
10617824
us-gaap Operating Expenses
OperatingExpenses
21286309
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1247378
us-gaap Operating Income Loss
OperatingIncomeLoss
965639
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1582106
us-gaap Operating Income Loss
OperatingIncomeLoss
3636243
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
401826
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-343766
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-284774
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
87333
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-58992
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
314493
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
331805
CY2019Q2 us-gaap Other Assets Current
OtherAssetsCurrent
162563
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
386107
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
374902
CY2019Q2 us-gaap Other Inventory In Transit
OtherInventoryInTransit
499265
CY2018Q4 us-gaap Other Inventory In Transit
OtherInventoryInTransit
1119541
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
555296
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
556260
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
54125
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
131842
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
285220
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-55493
CY2018Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1283795
CY2019Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1188274
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
995186
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
724107
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
10678860
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
136424
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
421861
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.10
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P6M
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Prepaid Taxes
PrepaidTaxes
1963446
CY2018Q4 us-gaap Prepaid Taxes
PrepaidTaxes
419908
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
982938
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
1680000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
85314
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7028
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14515084
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13498965
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
27531023
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28140345
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
18076962
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8968018
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
64758706
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
64476378
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19187222
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39687800
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
38138137
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17196815
us-gaap Revenue Recognition Discounts
RevenueRecognitionDiscounts
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; font-family: 'Times New Roman', Times, serif;"><font style="font-family: 'Times New Roman'; font-style: italic;"><u>Discounts</u></font><font style="font-family: 'Times New Roman';">.&#160; Prior to 2019, we maintained five price levels:&#160; retail, wholesale gold, wholesale elite, business, and manufacturer.&#160; Since May of 2019 (April of 2019 in Canada), we offer a single retail price level, plus three volume-based levels for commercial customers.&#160; Discounts from those price levels are offered to Business, Military/First Responder and Employee customers.&#160; Such discounts do not convey a material right to these customers since the discounted pricing they receive at the point of sale is not dependent upon any previous or subsequent purchases.&#160; As a result, sales are reported after deduction of discounts, at the point of sale.&#160; We do not pay slotting fees or make other payments to resellers.</font></div></div>
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
us-gaap Share Based Compensation
ShareBasedCompensation
52688
us-gaap Share Based Compensation
ShareBasedCompensation
377761
CY2018Q4 us-gaap Shares Outstanding
SharesOutstanding
9060561
CY2019Q2 us-gaap Shares Outstanding
SharesOutstanding
8932224
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
55895540
CY2019Q1 us-gaap Shares Outstanding
SharesOutstanding
8934024
CY2018Q4 us-gaap Short Term Investments
ShortTermInvestments
0
CY2019Q2 us-gaap Short Term Investments
ShortTermInvestments
9049510
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0
CY2018Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
58286396
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
58624204
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
59230092
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
57283675
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
56841233
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
9761890
CY2019Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
9490
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
540940
CY2018Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
454246
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
9037783
CY2018Q4 tlf Reclassification Of Liabilities
ReclassificationOfLiabilities
800000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8975000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8933648
tlf Gift Card Redemption Period
GiftCardRedemptionPeriod
P1Y
tlf Deferred Revenue Recognized Period
DeferredRevenueRecognizedPeriod
P1Y
CY2019Q2 tlf Inventory Merchandise Expected To Be Returned
InventoryMerchandiseExpectedToBeReturned
100000
CY2018Q4 tlf Inventory Merchandise Expected To Be Returned
InventoryMerchandiseExpectedToBeReturned
100000
CY2018 tlf Number Of Price Levels
NumberOfPriceLevels
5
tlf Number Of Price Levels
NumberOfPriceLevels
3
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
714617
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1292594
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
1422339
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9182527
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9223086
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9222028
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8933648
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8971490
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9180076
dei Document Type
DocumentType
10-Q
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
No
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
dei Entity Registrant Name
EntityRegistrantName
TANDY LEATHER FACTORY INC
dei Entity Central Index Key
EntityCentralIndexKey
0000909724
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
dei Entity Shell Company
EntityShellCompany
false
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2021Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
8663921
CY2018Q4 tlf Uncertain Tax Positions Noncurrent
UncertainTaxPositionsNoncurrent
1415715
CY2019Q2 tlf Uncertain Tax Positions Noncurrent
UncertainTaxPositionsNoncurrent
1415715
tlf Number Of Websites
NumberOfWebsites
4
tlf Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-1677442
tlf Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
0
tlf Lessee Operating Lease Assets And Liabilities
LesseeOperatingLeaseAssetsAndLiabilities
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify;">Additional information regarding the Company&#8217;s operating leases is as follows:</div><div><br /></div><table align="center" border="0" cellpadding="0" cellspacing="0" style="width: 90%; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; text-align: left;"><tr><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 34%;"><div style="text-indent: -7.2pt; margin-left: 7.2pt; color: rgb(0, 0, 0); font-weight: bold;">Leases</div></td><td nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); width: 44%;"><div style="color: rgb(0, 0, 0); font-weight: bold;">Balance Sheet Classification</div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;">&#160;</td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);"><div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">June 30, 2019</div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; padding-bottom: 2px; width: 1%;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 34%;"><div style="text-indent: -7.2pt; margin-left: 7.2pt; color: rgb(0, 0, 0); font-weight: bold;">Assets:</div></td><td valign="bottom" style="vertical-align: bottom; width: 44%;">&#160;</td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%;">&#160;</td><td colspan="2" nowrap="nowrap" valign="bottom" style="vertical-align: bottom;">&#160;</td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 34%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="text-indent: -7.2pt; margin-left: 7.2pt; color: rgb(0, 0, 0);">Non-current</div></td><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 4px; background-color: rgb(204, 238, 255);"><div style="color: rgb(0, 0, 0);">Operating lease assets</div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255);">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div>$</div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0); background-color: rgb(204, 238, 255);"><div>15,657,859</div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: bottom; width: 34%;">&#160;</td><td valign="bottom" style="vertical-align: middle; width: 44%;">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 34%; background-color: rgb(204, 238, 255);"><div style="text-indent: -7.2pt; margin-left: 7.2pt; color: rgb(0, 0, 0); font-weight: bold;">Liabilities:</div></td><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(204, 238, 255);">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);">&#160;</td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 34%;"><div style="text-indent: -7.2pt; margin-left: 7.2pt; color: rgb(0, 0, 0);">Current</div></td><td valign="bottom" style="vertical-align: middle; width: 44%;"><div style="color: rgb(0, 0, 0);">Operating lease liabilities</div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%;"><div>$</div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%;"><div>3,993,352</div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 34%; background-color: rgb(204, 238, 255); padding-bottom: 2px;"><div style="text-indent: -7.2pt; margin-left: 7.2pt; color: rgb(0, 0, 0);">Non-current</div></td><td valign="bottom" style="vertical-align: middle; width: 44%; background-color: rgb(204, 238, 255); padding-bottom: 2px;"><div style="color: rgb(0, 0, 0);">Operating lease liabilities, noncurrent</div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255); border-bottom: 2px solid rgb(0, 0, 0);"><div>12,204,359</div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255); padding-bottom: 2px;">&#160;</td></tr><tr><td valign="bottom" style="vertical-align: middle; width: 34%; padding-bottom: 4px;"><div style="text-indent: -7.2pt; margin-left: 16.2pt; color: rgb(0, 0, 0); font-weight: bold;">Total lease liabilities</div></td><td valign="bottom" style="vertical-align: middle; width: 44%; padding-bottom: 4px;">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td><td colspan="1" valign="bottom" style="vertical-align: bottom; width: 1%; border-bottom: 4px double rgb(0, 0, 0);"><div style="font-weight: bold;">$</div></td><td colspan="1" valign="bottom" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: 4px double rgb(0, 0, 0);"><div style="font-weight: bold;">16,197,711</div></td><td colspan="1" nowrap="nowrap" valign="bottom" style="vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td></tr></table></div>
CY2019Q2 tlf Operating Lease Payments Excluded Payments Of Leases Not Yet Commenced
OperatingLeasePaymentsExcludedPaymentsOfLeasesNotYetCommenced
300000
CY2019Q2 tlf Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
5001634
CY2017Q1 tlf Number Of Stock Option Plans Expired
NumberOfStockOptionPlansExpired
1
tlf Forfeiture Rate Stock Based Awards
ForfeitureRateStockBasedAwards
0

Files In Submission

Name View Source Status
0001140361-21-021870-index-headers.html Edgar Link pending
0001140361-21-021870-index.html Edgar Link pending
0001140361-21-021870.txt Edgar Link pending
0001140361-21-021870-xbrl.zip Edgar Link pending
brhc10025890_10q.htm Edgar Link pending
brhc10025890_ex10-13.htm Edgar Link pending
brhc10025890_ex10-14.htm Edgar Link pending
brhc10025890_ex10-5.htm Edgar Link pending
brhc10025890_ex10-7.htm Edgar Link pending
brhc10025890_ex14-1.htm Edgar Link pending
brhc10025890_ex21-1.htm Edgar Link pending
brhc10025890_ex31-1.htm Edgar Link pending
brhc10025890_ex31-2.htm Edgar Link pending
brhc10025890_ex32-1.htm Edgar Link pending
brhc10025890_ex4-1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image0.jpg Edgar Link pending
image00002.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tlf-20190630.xml Edgar Link completed
tlf-20190630.xsd Edgar Link pending
tlf-20190630_cal.xml Edgar Link unprocessable
tlf-20190630_def.xml Edgar Link unprocessable
tlf-20190630_lab.xml Edgar Link unprocessable
tlf-20190630_pre.xml Edgar Link unprocessable