$VNCE
VINCE HOLDING CORP.

2021 Q4 Form 10-Q Financial Statement

#000156459021059908 Filed on December 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q4
Revenue $87.45M $78.67M $69.02M
YoY Change 26.7% 112.5% -33.95%
Cost Of Revenue $45.32M $43.30M $37.40M
YoY Change 21.17% 82.82% -30.09%
Gross Profit $42.13M $35.38M $31.70M
YoY Change 32.91% 165.2% -37.84%
Gross Profit Margin 48.18% 44.97% 45.93%
Selling, General & Admin $39.00M $32.74M $25.40M
YoY Change 53.54% 19.73% -41.47%
% of Gross Profit 92.56% 92.55% 80.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.525M $1.481M $1.660M
YoY Change -8.13% -10.24% -19.42%
% of Gross Profit 3.62% 4.19% 5.24%
Operating Expenses $39.00M $32.74M $25.40M
YoY Change 53.54% 19.73% -41.61%
Operating Profit $3.134M $2.635M $6.300M
YoY Change -50.25% -118.81% -16.56%
Interest Expense -$3.037M -$1.927M $1.259M
YoY Change -341.22% -288.55% -5.05%
% of Operating Profit -96.9% -73.13% 19.98%
Other Income/Expense, Net $0.00 $0.00 $1.000K
YoY Change -100.0% -100.0% -114.29%
Pretax Income $97.00K $708.0K $5.006M
YoY Change -98.06% -104.71% -19.48%
Income Tax -$2.118M $1.298M $43.00K
% Of Pretax Income -2183.51% 183.33% 0.86%
Net Earnings $2.215M -$590.0K $4.963M
YoY Change -55.37% -96.08% -17.3%
Net Earnings / Revenue 2.53% -0.75% 7.19%
Basic Earnings Per Share $0.19 -$0.05 $0.42
Diluted Earnings Per Share $0.18 -$49.59K $0.42
COMMON SHARES
Basic Shares Outstanding 11.94M 11.90M 11.80M
Diluted Shares Outstanding 12.02M 11.90M 11.81M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.605M $1.524M $700.0K
YoY Change 129.29% 90.5% 40.0%
Cash & Equivalents $1.605M $1.524M $704.0K
Short-Term Investments
Other Short-Term Assets $5.342M $5.614M $4.400M
YoY Change 21.41% 60.4% -46.34%
Inventory $82.04M $74.34M $88.60M
Prepaid Expenses
Receivables $32.28M $31.16M $32.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $121.3M $112.6M $126.5M
YoY Change -4.13% -2.06% 28.17%
LONG-TERM ASSETS
Property, Plant & Equipment $115.5M $106.7M $114.4M
YoY Change 0.96% -1.04% 8.33%
Goodwill $31.97M $31.97M
YoY Change
Intangibles $76.00M $76.16M
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.162M $3.745M $4.900M
YoY Change -15.06% -26.57% 53.13%
Total Long-Term Assets $227.6M $218.6M $228.0M
YoY Change -0.16% -1.42% 0.8%
TOTAL ASSETS
Total Short-Term Assets $121.3M $112.6M $126.5M
Total Long-Term Assets $227.6M $218.6M $228.0M
Total Assets $348.9M $331.2M $354.5M
YoY Change -1.58% -1.64% 9.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.68M $50.79M $43.50M
YoY Change 7.3% -13.18% 49.48%
Accrued Expenses $46.50M $41.95M $42.40M
YoY Change 9.68% 6.2% 22.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.750M $1.375M $0.00
YoY Change -34.52% -100.0%
Total Short-Term Liabilities $94.93M $94.11M $85.90M
YoY Change 10.51% -5.89% 29.56%
LONG-TERM LIABILITIES
Long-Term Debt $92.88M $84.76M $92.80M
YoY Change 0.09% 16.27% 113.33%
Other Long-Term Liabilities $100.0M $91.86M $102.6M
YoY Change -2.5% -3.82% -25.87%
Total Long-Term Liabilities $92.88M $84.76M $195.4M
YoY Change -52.47% -49.67% 7.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.93M $94.11M $85.90M
Total Long-Term Liabilities $92.88M $84.76M $195.4M
Total Liabilities $291.2M $276.3M $281.3M
YoY Change 3.52% 2.98% 13.34%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $57.71M $54.90M $73.15M
YoY Change
Total Liabilities & Shareholders Equity $348.9M $331.2M $354.5M
YoY Change -1.58% -1.64% 9.11%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q4
OPERATING ACTIVITIES
Net Income $2.215M -$590.0K $4.963M
YoY Change -55.37% -96.08% -17.3%
Depreciation, Depletion And Amortization $1.525M $1.481M $1.660M
YoY Change -8.13% -10.24% -19.42%
Cash From Operating Activities -$3.958M $2.504M -$16.89M
YoY Change -76.57% -120.08% -324.9%
INVESTING ACTIVITIES
Capital Expenditures -$2.205M -$1.443M -$960.0K
YoY Change 129.69% 60.33% -43.53%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$2.205M -$1.443M -$960.0K
YoY Change 129.69% 60.33% -43.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.247M -908.0K 17.77M
YoY Change -64.85% -92.79% -410.66%
NET CHANGE
Cash From Operating Activities -3.958M 2.504M -16.89M
Cash From Investing Activities -2.205M -1.443M -960.0K
Cash From Financing Activities 6.247M -908.0K 17.77M
Net Change In Cash 84.00K 153.0K -80.00K
YoY Change -205.0% -100.59% -188.89%
FREE CASH FLOW
Cash From Operating Activities -$3.958M $2.504M -$16.89M
Capital Expenditures -$2.205M -$1.443M -$960.0K
Free Cash Flow -$1.753M $3.947M -$15.93M
YoY Change -89.0% -134.11% -272.96%

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<p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(A) Description of Business:<span style="font-weight:normal;"> The Company is a global contemporary group, consisting of three brands: Vince, Rebecca Taylor, and Parker. Vince, established in 2002, is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day effortless style. Rebecca Taylor, founded in 1996 in New York City, is a </span><span style="Background-color:#FFFFFF;color:#000000;font-weight:normal;">contemporary womenswear line lauded for its signature prints, romantic detailing and vintage inspired aesthetic, reimagined for a modern era</span><span style="font-weight:normal;">.</span><span style="Background-color:#FFFFFF;color:#555555;font-family:Arial;font-weight:normal;"> </span><span style="font-weight:normal;">Parker, founded in 2008 in New York City, is a contemporary women’s fashion brand that is trend focused. </span><span style="Background-color:#FFFFFF;color:#000000;font-weight:normal;">While we continue to believe that the Parker brand complements our portfolio, during the first half of fiscal 2020 the Company decided to pause the creation of new products to focus resources on the operations of the Vince and Rebecca Taylor brands and to preserve liquidity.</span><span style="font-weight:normal;"> </span></p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company reaches its customers through a variety of channels, specifically through major wholesale department stores and specialty stores in the United States (“U.S.”) and select international markets, as well as through the Company’s branded retail locations and the Company’s websites. The Company designs products in the U.S. and sources the vast majority of products from contract manufacturers outside the U.S., primarily in Asia. Products are manufactured to meet the Company’s product specifications and labor standards.<span style="font-weight:bold;color:#FF0000;"> </span> </p>
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.13%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(C) Use of Estimates<span style="font-weight:normal;">: </span><span style="color:#000000;font-weight:normal;"> The preparation of financial statements in conformity with GAAP requires that management 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 financial statements which affect revenues and expenses during the period reported. Estimates are adjusted when necessary to reflect actual experience. Significant estimates and assumptions may affect many items in the financial statements. Actual results could differ from estimates and assumptions in amounts that may be material to the consolidated financial statements.  </span></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.13%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company considered the novel coronavirus (“COVID-19”) related impacts to its estimates including the impairment of property and equipment and operating lease right-of-use (“ROU”) assets, the impairment of goodwill and intangible assets, accounts </p> <p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-top:6pt;margin-bottom:0pt;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">receivable and </span><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">inventory valuation</span><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, </span><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the liability associated with our </span><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">tax receivable agreement,</span><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> and </span><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the assessment of our liquidity</span><span style="color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">. </span><span style="color:#212529;">These estimates may change as the current situation evolves or new events occur</span><span style="color:#212529;">.  </span></p>
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
13848000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1492000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1618000
CY2021Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
35000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
192000
vnce Variable Lease Cost Income
VariableLeaseCostIncome
-59000
CY2021Q4 us-gaap Lease Cost
LeaseCost
6887000
CY2020Q4 us-gaap Lease Cost
LeaseCost
2403000
us-gaap Lease Cost
LeaseCost
18211000
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
8556000
CY2021Q4 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7948000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
28868000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
28338000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
25218000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
16917000
CY2021Q4 vnce Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
42988000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
150277000
CY2021Q4 us-gaap Change In Accounting Principle Accounting Standards Update Adoption Date
ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate
2021-01-31
CY2021Q1 us-gaap Goodwill
Goodwill
31973000
CY2021Q4 us-gaap Goodwill
Goodwill
31973000
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
101845000
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
155441000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
21614000
CY2021Q4 vnce Indefinite Lived Intangible Assets Excluding Goodwill Accumulated Impairment Loss
IndefiniteLivedIntangibleAssetsExcludingGoodwillAccumulatedImpairmentLoss
57828000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
75999000
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
155441000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
21122000
CY2021Q1 vnce Indefinite Lived Intangible Assets Excluding Goodwill Accumulated Impairment Loss
IndefiniteLivedIntangibleAssetsExcludingGoodwillAccumulatedImpairmentLoss
57828000
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
76491000
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
164000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
492000
CY2020Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
164000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
492000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
655000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
655000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
655000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
655000
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
655000
CY2021Q4 vnce Non Financial Assets Fair Value Disclosure
NonFinancialAssetsFairValueDisclosure
0
CY2021Q1 vnce Non Financial Assets Fair Value Disclosure
NonFinancialAssetsFairValueDisclosure
0
CY2021Q4 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
0
CY2021Q1 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
0
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
95916000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
9462000
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
8556000
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
95916000
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
85897000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1750000
CY2021Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1283000
CY2021Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1412000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
92883000
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
84485000
CY2020Q2 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
82040000
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
68226000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
58
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.77
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
58
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
38.77
CY2021Q4 us-gaap Share Based Compensation
ShareBasedCompensation
596000
CY2020Q4 us-gaap Share Based Compensation
ShareBasedCompensation
-209000
us-gaap Share Based Compensation
ShareBasedCompensation
1485000
us-gaap Share Based Compensation
ShareBasedCompensation
857000
CY2021Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
484050
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
296483
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11796860
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11882147
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11758327
CY2021Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
84058
CY2020Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10638
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12019429
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11935371
CY2020Q3 us-gaap Loss Contingency Claims Dismissed Number
LossContingencyClaimsDismissedNumber
2
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1823000
vnce Provision For Income Taxes Included Correction Of Error Related To State Tax Impact Of Non Cash Deferred Tax Expense
ProvisionForIncomeTaxesIncludedCorrectionOfErrorRelatedToStateTaxImpactOfNonCashDeferredTaxExpense
882000
vnce Provision For Income Taxes Included Correction Of Error Related To State Tax Impact Of Non Cash Deferred Tax Expense
ProvisionForIncomeTaxesIncludedCorrectionOfErrorRelatedToStateTaxImpactOfNonCashDeferredTaxExpense
882000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.223
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
113000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.002
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
The Company leases various office spaces, showrooms and retail stores. Although the Company’s more recent leases are subject to shorter terms as a result of the implementation of the strategy to pursue shorter lease terms, many of the Company’s leases have initial terms of 10 years, and in many instances can be extended for an additional term.
CY2021Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P10Y
CY2020Q4 vnce Impact Of Rent Concessions
ImpactOfRentConcessions
3655000
vnce Impact Of Rent Concessions
ImpactOfRentConcessions
3947000
CY2020Q4 vnce Impact Of Other Occupancy Costs Concessions
ImpactOfOtherOccupancyCostsConcessions
549000
vnce Impact Of Other Occupancy Costs Concessions
ImpactOfOtherOccupancyCostsConcessions
992000
CY2021Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
6077000
CY2020Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
5258000
us-gaap Operating Lease Cost
OperatingLeaseCost
18270000
us-gaap Operating Lease Cost
OperatingLeaseCost
18112000
CY2021Q4 vnce Variable Lease Cost Income
VariableLeaseCostIncome
810000
CY2020Q4 vnce Variable Lease Cost Income
VariableLeaseCostIncome
-2855000
vnce Variable Lease Cost Income
VariableLeaseCostIncome
-2810000
us-gaap Lease Cost
LeaseCost
15302000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
87450000
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
97000
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
69022000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5006000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
223656000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8174000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145062000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-58164000
CY2021Q4 us-gaap Assets
Assets
348902000
CY2021Q1 us-gaap Assets
Assets
332944000
vnce Adjustment To Tax Receivable Agreement Obligation
AdjustmentToTaxReceivableAgreementObligation
2320000
vnce Adjustment To Tax Receivable Agreement Liability
AdjustmentToTaxReceivableAgreementLiability
2320000

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