$TLYS
TILLY'S, INC.

2014 Q1 Form 10-K Financial Statement

#000119312514126179 Filed on April 01, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2014 2013 Q1
Revenue $139.9M $495.8M $140.8M
YoY Change -0.64% 6.11% 14.54%
Cost Of Revenue $97.60M $345.0M $96.60M
YoY Change 1.04% 7.91% 18.38%
Gross Profit $43.29M $150.8M $44.20M
YoY Change -2.07% 2.21% 6.87%
Gross Profit Margin 30.94% 30.42% 31.39%
Selling, General & Admin $33.80M $121.1M $29.40M
YoY Change 14.97% 4.22% 7.69%
% of Gross Profit 78.09% 80.28% 66.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.900M $19.40M $4.380M
YoY Change 11.87% 16.17% 13.18%
% of Gross Profit 11.32% 12.86% 9.91%
Operating Expenses $33.80M $121.1M $29.40M
YoY Change 14.97% 4.22% 7.69%
Operating Profit $8.471M $29.74M $14.80M
YoY Change -42.76% -5.27% 5.3%
Interest Expense $0.00 $0.00
YoY Change -100.0%
% of Operating Profit 0.0% 0.0%
Other Income/Expense, Net -$9.000K $0.00
YoY Change -90.11%
Pretax Income $8.400M $29.73M $14.80M
YoY Change -43.24% -5.02% 5.71%
Income Tax $3.000M $11.59M $4.900M
% Of Pretax Income 35.71% 38.99% 33.11%
Net Earnings $5.417M $18.14M $9.800M
YoY Change -44.72% -24.09% -29.27%
Net Earnings / Revenue 3.87% 3.66% 6.96%
Basic Earnings Per Share $0.19
Diluted Earnings Per Share $0.19 $644.1K $460.1K
COMMON SHARES
Basic Shares Outstanding 11.37M shares 27.82M shares 10.79M shares
Diluted Shares Outstanding 28.12M shares

Balance Sheet

Concept 2014 Q1 2014 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.40M $60.40M $57.20M
YoY Change 5.59% 5.59% 127.89%
Cash & Equivalents $25.41M $25.40M $17.31M
Short-Term Investments $34.90M $34.90M $39.90M
Other Short-Term Assets $765.0K $11.70M $500.0K
YoY Change 53.0% 2.63% 87.27%
Inventory $46.27M $46.30M $46.60M
Prepaid Expenses
Receivables $5.200M $5.200M $5.900M
Other Receivables $360.0K $3.300M $479.0K
Total Short-Term Assets $126.9M $126.9M $121.1M
YoY Change 4.82% 4.79% 63.99%
LONG-TERM ASSETS
Property, Plant & Equipment $100.9M $100.9M $80.93M
YoY Change 24.73% 24.72% 26.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.533M $4.500M $3.357M
YoY Change 35.03% 32.35% 15.8%
Total Long-Term Assets $105.5M $105.5M $84.28M
YoY Change 25.14% 25.15% 25.84%
TOTAL ASSETS
Total Short-Term Assets $126.9M $126.9M $121.1M
Total Long-Term Assets $105.5M $105.5M $84.28M
Total Assets $232.4M $232.4M $205.4M
YoY Change 13.16% 13.15% 45.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.65M $19.60M $18.26M
YoY Change 7.58% 7.1% 8.5%
Accrued Expenses $9.241M $14.20M $12.13M
YoY Change -23.83% -21.98% -6.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $800.0K $800.0K $700.0K
YoY Change 14.29% 14.29% 0.0%
Total Short-Term Liabilities $46.23M $46.20M $47.21M
YoY Change -2.07% -2.12% 2.25%
LONG-TERM LIABILITIES
Long-Term Debt $2.500M $2.500M $3.300M
YoY Change -24.24% -24.24% -17.5%
Other Long-Term Liabilities $42.80M $42.80M $37.60M
YoY Change 13.83% 13.83% 24.09%
Total Long-Term Liabilities $45.26M $45.30M $40.88M
YoY Change 10.71% 10.76% 19.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $46.23M $46.20M $47.21M
Total Long-Term Liabilities $45.26M $45.30M $40.88M
Total Liabilities $91.48M $91.50M $88.09M
YoY Change 3.86% 3.86% 9.57%
SHAREHOLDERS EQUITY
Retained Earnings $18.00M -$140.0K
YoY Change -12955.0% -100.23%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $140.9M $140.9M $117.3M
YoY Change
Total Liabilities & Shareholders Equity $232.4M $232.4M $205.4M
YoY Change 13.16% 13.15% 45.85%

Cashflow Statement

Concept 2014 Q1 2014 2013 Q1
OPERATING ACTIVITIES
Net Income $5.417M $18.14M $9.800M
YoY Change -44.72% -24.09% -29.27%
Depreciation, Depletion And Amortization $4.900M $19.40M $4.380M
YoY Change 11.87% 16.17% 13.18%
Cash From Operating Activities $16.53M $43.79M $15.16M
YoY Change 9.04% 4.95% -26.97%
INVESTING ACTIVITIES
Capital Expenditures -$6.680M $42.70M -$7.710M
YoY Change -13.36% 28.24% 29.15%
Acquisitions
YoY Change
Other Investing Activities -$4.920M $5.170M -$14.94M
YoY Change -67.07% -113.25% -149500.0%
Cash From Investing Activities -$11.60M -$37.53M -$22.65M
YoY Change -48.79% -48.11% 279.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -190.0K 1.834M -80.00K
YoY Change 137.5% -91.96% -98.51%
NET CHANGE
Cash From Operating Activities 16.53M 43.79M 15.16M
Cash From Investing Activities -11.60M -37.53M -22.65M
Cash From Financing Activities -190.0K 1.834M -80.00K
Net Change In Cash 4.740M 8.098M -7.570M
YoY Change -162.62% -204.13% -180.45%
FREE CASH FLOW
Cash From Operating Activities $16.53M $43.79M $15.16M
Capital Expenditures -$6.680M $42.70M -$7.710M
Free Cash Flow $23.21M $1.093M $22.87M
YoY Change 1.49% -87.04% -14.44%

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CY2013 us-gaap Proceeds From Issuance Initial Public Offering
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CY2013 us-gaap Shipping Handling And Transportation Costs
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CY2013 tlys Income Tax Reconciliation Change In Tax Status
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