$TTSH
TILE SHOP HOLDINGS, INC. Stock $ttsh

$ttsh Overview Financials Valuation SEC Filings Company Website

2013 Q2 Form 10-Q Financial Statement

#000114420413043931 Filed on August 08, 2013

Income Statement

Concept	2013 Q2	2012 Q2
Revenue	$58.12M	$46.31M
YoY Change	25.5%	15.62%
Cost Of Revenue	$17.26M	$12.66M
YoY Change	36.37%
Gross Profit	$40.87M	$33.66M
YoY Change	21.41%
Gross Profit Margin	70.31%	72.68%
Selling, General & Admin	$30.39M	$22.64M
YoY Change	34.21%	-40.48%
% of Gross Profit	74.36%	67.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.470M	$2.550M
YoY Change	36.08%
% of Gross Profit	8.49%	7.58%
Operating Expenses	$30.39M	$22.64M
YoY Change	34.21%	-61.65%
Operating Profit	$10.48M	$10.90M
YoY Change	-3.92%	15.69%
Interest Expense	$495.0K	$85.00K
YoY Change	482.35%
% of Operating Profit	4.73%	0.78%
Other Income/Expense, Net	-$8.000K	$14.00K
YoY Change	-157.14%	-240.0%
Pretax Income	$7.599M	$10.83M
YoY Change	-29.85%	-41.98%
Income Tax	$4.015M	$175.0K
% Of Pretax Income	52.84%	1.62%
Net Earnings	$3.584M	$10.66M
YoY Change	-66.37%	16.9%
Net Earnings / Revenue	6.17%	23.01%
Basic Earnings Per Share	$0.07	$0.33
Diluted Earnings Per Share	$0.07	$0.33
COMMON SHARES
Basic Shares Outstanding	51.56M shares	32.00M shares
Diluted Shares Outstanding	53.26M shares	32.00M shares

Balance Sheet

Concept	2013 Q2	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.800M
YoY Change
Cash & Equivalents	$3.810M	$16.92M
Short-Term Investments
Other Short-Term Assets	$544.0K
YoY Change
Inventory	$58.68M
Prepaid Expenses	$1.327M
Receivables	$1.537M
Other Receivables	$6.700M
Total Short-Term Assets	$91.76M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$99.95M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.248M
YoY Change
Total Long-Term Assets	$120.5M
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$91.76M
Total Long-Term Assets	$120.5M
Total Assets	$212.3M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$23.04M
YoY Change
Accrued Expenses	$8.618M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$3.590M
YoY Change
Total Short-Term Liabilities	$45.03M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$72.70M
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$45.03M
Total Long-Term Liabilities	$0.00
Total Liabilities	$139.8M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings	-$95.33M
YoY Change
Common Stock	$5.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$72.54M
YoY Change
Total Liabilities & Shareholders Equity	$212.3M
YoY Change

Cashflow Statement

Concept	2013 Q2	2012 Q2
OPERATING ACTIVITIES
Net Income	$3.584M	$10.66M
YoY Change	-66.37%	16.9%
Depreciation, Depletion And Amortization	$3.470M	$2.550M
YoY Change	36.08%
Cash From Operating Activities	-$3.560M	$12.85M
YoY Change	-127.7%	-32225.0%
INVESTING ACTIVITIES
Capital Expenditures	-$10.71M	-$5.670M
YoY Change	88.89%
Acquisitions
YoY Change
Other Investing Activities	$0.00
YoY Change
Cash From Investing Activities	-$10.71M	-$5.670M
YoY Change	88.89%	28250.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	2.310M	-5.630M
YoY Change	-141.03%
NET CHANGE
Cash From Operating Activities	-3.560M	12.85M
Cash From Investing Activities	-10.71M	-5.670M
Cash From Financing Activities	2.310M	-5.630M
Net Change In Cash	-11.96M	1.550M
YoY Change	-871.61%	-2683.33%
FREE CASH FLOW
Cash From Operating Activities	-$3.560M	$12.85M
Capital Expenditures	-$10.71M	-$5.670M
Free Cash Flow	$7.150M	$18.52M
YoY Change	-61.39%

Facts In Submission

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	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Period End Date DocumentPeriodEndDate	2013-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001552800
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	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	TILE SHOP HOLDINGS, INC.
	dei	Trading Symbol TradingSymbol	tts
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CY2012Q3	tts	Cash Impact Of Payment Of Offering Costs CashImpactOfPaymentOfOfferingCosts	-4588000	USD
CY2012Q3	tts	Cash Impact Of Payment Of Transaction Expenses CashImpactOfPaymentOfTransactionExpenses	-4644000	USD
CY2012Q3	tts	Cash Impact Of Share Redemption CashImpactOfShareRedemption	-54960000	USD
CY2012Q3	tts	Common Stock Held By Former Shareholders CommonStockHeldByFormerShareholders	329897	shares
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	tts	Pro Forma Income Tax Expense Benefit ProFormaIncomeTaxExpenseBenefit	8485000	USD
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CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	176074000	USD
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	69310000	USD
CY2013Q2	us-gaap	Long Term Debt LongTermDebt	71370000	USD
CY2012Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	3860000	USD
CY2013Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	3590000	USD
CY2012Q3	us-gaap	Minority Interest Ownership Percentage By Noncontrolling Owners MinorityInterestOwnershipPercentageByNoncontrollingOwners	0.752	pure
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9915000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	7972000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12138000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-21845000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	32687000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14696000	USD
	us-gaap	Net Income Loss NetIncomeLoss	20789000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-41133000	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	3584000	USD
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	10657000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	21367000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	22495000	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	10476000	USD
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	10903000	USD
CY2012Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	7734000	USD
CY2013Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	8618000	USD
CY2012Q4	us-gaap	Other Assets Current OtherAssetsCurrent	966000	USD
CY2013Q2	us-gaap	Other Assets Current OtherAssetsCurrent	544000	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1316000	USD
CY2013Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1248000	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	95645000	USD
CY2013Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent		USD
	us-gaap	Other Noncash Expense OtherNoncashExpense	2417000	USD
	us-gaap	Other Noncash Expense OtherNoncashExpense	3506000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	22000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-41000	USD
CY2013Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-8000	USD
CY2012Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	14000	USD
CY2012Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	6051000	USD
CY2013Q2	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	8659000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock		USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	46000000	USD
	us-gaap	Payments For Repurchase Of Warrants PaymentsForRepurchaseOfWarrants		USD
	us-gaap	Payments For Repurchase Of Warrants PaymentsForRepurchaseOfWarrants	30108000	USD
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	10274000	USD
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution		USD
CY2012Q3	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	75000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12138000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21845000	USD
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2013Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2013Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2013Q2	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2012Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	2017000	USD
CY2013Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1327000	USD
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px"> <strong>Reclassifications:</strong></p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px"> <strong> </strong></p> <p style="FONT: 10pt Times New Roman, Times, Serif; MARGIN: 0pt 0px"> Certain accounts in the prior year's audited consolidated financial statements have been reclassified for comparative purposes to conform to the current year's presentation. The reclassification for 2012 was to present the long term portion of debt issuance costs as a long term asset.</p> <!--EndFragment--></div> </div>
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	-300000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital		USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	37000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	32000000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	1205000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt		USD
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	82400000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	82080000	USD
CY2013Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	99945000	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	583000	USD
	us-gaap	Repayments Of Debt RepaymentsOfDebt	30326000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-54201000	USD
CY2013Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-95333000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	92175000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	114958000	USD
CY2013Q2	us-gaap	Sales Revenue Net SalesRevenueNet	58123000	USD
CY2012Q2	us-gaap	Sales Revenue Net SalesRevenueNet	46314000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	44707000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	58744000	USD
CY2013Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	30390000	USD
CY2012Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	22643000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation		USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2264000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised	7166382	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	2036500	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	11.45
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	-44763000	USD
CY2013Q2	us-gaap	Stockholders Equity StockholdersEquity	72539000	USD
CY2012Q3	us-gaap	Stock Issued During Period Shares Issued For Cash StockIssuedDuringPeriodSharesIssuedForCash	1500000	shares
CY2013Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	4250000	shares
CY2013Q2	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	46000000	USD
CY2013Q2	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	1986290	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment		shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment		shares
CY2013Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1703162	shares
CY2012Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32000000	shares
CY2012Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment		shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32000000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	48224049	shares
CY2013Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	53259250	shares
CY2012Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	48224049	shares
CY2013Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	51556088	shares

Files In Submission

Name	View Source	Status
0001144204-13-043931-index-headers.html	Edgar Link	pending
0001144204-13-043931-index.html	Edgar Link	pending
0001144204-13-043931.txt	Edgar Link	pending
0001144204-13-043931-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R1.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tts-20130630.xml	Edgar Link	completed
tts-20130630.xsd	Edgar Link	pending
tts-20130630_cal.xml	Edgar Link	unprocessable
tts-20130630_def.xml	Edgar Link	unprocessable
tts-20130630_lab.xml	Edgar Link	unprocessable
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v351309_10q.htm	Edgar Link	pending
v351309_ex31-1.htm	Edgar Link	pending
v351309_ex31-2.htm	Edgar Link	pending
v351309_ex32-1.htm	Edgar Link	pending
v351309_ex32-2.htm	Edgar Link	pending

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$TTSH
TILE SHOP HOLDINGS, INC. Stock $ttsh

2013 Q2 Form 10-Q Financial Statement

#000114420413043931 Filed on August 08, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TTSH TILE SHOP HOLDINGS, INC. Stock $ttsh

2013 Q2 Form 10-Q Financial Statement

#000114420413043931 Filed on August 08, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TTSH
TILE SHOP HOLDINGS, INC. Stock $ttsh