2019 Q1 Form 10-K Financial Statement

#000119312519097973 Filed on April 04, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2019 2018 Q1
Revenue $1.836B $5.672B $1.680B
YoY Change 9.32% 7.17% 6.22%
Cost Of Revenue $1.127B $3.571B $1.034B
YoY Change 8.98% 6.25% 7.72%
Gross Profit $709.9M $2.101B $646.2M
YoY Change 9.86% 8.76% 3.89%
Gross Profit Margin 38.66% 37.04% 38.47%
Selling, General & Admin $501.8M $1.665B $436.0M
YoY Change 15.09% 12.66% 7.34%
% of Gross Profit 70.69% 79.25% 67.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.60M $188.8M $47.60M
YoY Change 0.0% 3.13% 4.62%
% of Gross Profit 6.71% 8.99% 7.37%
Operating Expenses $501.8M $1.665B $436.0M
YoY Change 15.09% 12.66% 7.34%
Operating Profit $208.1M $436.0M $210.2M
YoY Change -1.0% -3.94% -2.59%
Interest Expense -$1.700M -$2.700M -$2.600M
YoY Change -34.62% -41.3% 2500.0%
% of Operating Profit -0.82% -0.62% -1.24%
Other Income/Expense, Net
YoY Change
Pretax Income $199.2M $429.2M $198.5M
YoY Change 0.35% -5.13% -7.97%
Income Tax $42.70M $95.56M $61.30M
% Of Pretax Income 21.44% 22.26% 30.88%
Net Earnings $155.3M $333.7M $95.80M
YoY Change 62.11% 28.56% -33.75%
Net Earnings / Revenue 8.46% 5.88% 5.7%
Basic Earnings Per Share $4.10
Diluted Earnings Per Share $1.929M $4.05 $1.132M
COMMON SHARES
Basic Shares Outstanding 78.56M 81.42M 83.31M shares
Diluted Shares Outstanding 82.34M

Balance Sheet

Concept 2019 Q1 2019 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $339.0M $339.0M $390.1M
YoY Change -13.1% -13.1% 82.55%
Cash & Equivalents $339.0M $339.0M $390.1M
Short-Term Investments
Other Short-Term Assets $21.94M $123.3M $11.88M
YoY Change 84.73% 30.34% 11.49%
Inventory $1.125B $1.125B $1.062B
Prepaid Expenses $101.4M $62.20M
Receivables $107.1M $107.1M $90.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.694B $1.694B $1.636B
YoY Change 3.54% 3.54% 19.69%
LONG-TERM ASSETS
Property, Plant & Equipment $929.6M $929.6M $932.3M
YoY Change -0.28% -0.29% 0.97%
Goodwill $85.38M $18.84M
YoY Change 353.24% 0.85%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $59.43M $103.5M $130.9M
YoY Change -54.59% -47.78% 155.73%
Total Long-Term Assets $1.119B $1.119B $1.149B
YoY Change -2.68% -2.68% 3.57%
TOTAL ASSETS
Total Short-Term Assets $1.694B $1.694B $1.636B
Total Long-Term Assets $1.119B $1.119B $1.149B
Total Assets $2.813B $2.813B $2.786B
YoY Change 0.97% 0.97% 12.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $526.7M $526.7M $457.1M
YoY Change 15.22% 15.23% 0.76%
Accrued Expenses $163.6M $163.6M $134.2M
YoY Change 21.87% 21.91% 3.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.075B $1.075B $1.008B
YoY Change 6.65% 6.65% 4.84%
LONG-TERM LIABILITIES
Long-Term Debt $299.6M $299.6M $299.4M
YoY Change 0.07% 0.07%
Other Long-Term Liabilities $81.32M $282.7M $72.80M
YoY Change 11.7% 2.84% 2.23%
Total Long-Term Liabilities $380.9M $582.3M $372.2M
YoY Change 2.34% 1.39% 422.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.075B $1.075B $1.008B
Total Long-Term Liabilities $380.9M $582.3M $372.2M
Total Liabilities $1.657B $1.657B $1.582B
YoY Change 4.74% 4.73% 28.77%
SHAREHOLDERS EQUITY
Retained Earnings $584.3M $647.4M
YoY Change -9.74% -7.74%
Common Stock $789.0K $837.0K
YoY Change -5.73% -4.12%
Preferred Stock
YoY Change
Treasury Stock (at cost) $235.0K $725.0K
YoY Change -67.59% -47.46%
Treasury Stock Shares $2.000K $11.00K
Shareholders Equity $1.156B $1.156B $1.204B
YoY Change
Total Liabilities & Shareholders Equity $2.813B $2.813B $2.786B
YoY Change 0.97% 0.97% 12.47%

Cashflow Statement

Concept 2019 Q1 2019 2018 Q1
OPERATING ACTIVITIES
Net Income $155.3M $333.7M $95.80M
YoY Change 62.11% 28.56% -33.75%
Depreciation, Depletion And Amortization $47.60M $188.8M $47.60M
YoY Change 0.0% 3.13% 4.62%
Cash From Operating Activities $406.5M $586.0M $386.8M
YoY Change 5.09% 17.27% -3.83%
INVESTING ACTIVITIES
Capital Expenditures -$61.80M $190.1M -$53.90M
YoY Change 14.66% 0.21% -23.22%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $400.0K -$2.203M -$80.50M
YoY Change -100.5% 358.96%
Cash From Investing Activities -$61.40M -$187.9M -$134.4M
YoY Change -54.32% -30.35% 91.45%
FINANCING ACTIVITIES
Cash Dividend Paid $140.3M
YoY Change 3.94%
Common Stock Issuance & Retirement, Net $295.3M
YoY Change 50.53%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -170.3M -450.1M 49.40M
YoY Change -444.74% 770.42% -125.39%
NET CHANGE
Cash From Operating Activities 406.5M 586.0M 386.8M
Cash From Investing Activities -61.40M -187.9M -134.4M
Cash From Financing Activities -170.3M -450.1M 49.40M
Net Change In Cash 174.8M -51.98M 301.8M
YoY Change -42.08% -129.16% 119.65%
FREE CASH FLOW
Cash From Operating Activities $406.5M $586.0M $386.8M
Capital Expenditures -$61.80M $190.1M -$53.90M
Free Cash Flow $468.3M $395.9M $440.7M
YoY Change 6.26% 27.71% -6.71%

Facts In Submission

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95653000
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46394000
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452439000
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471911000
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3719000
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11772000
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14905000
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808000
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3456000
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1279000
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10610000
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818000
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223815000
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25293000
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522000
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578000
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558000
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271225000
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262456000
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333684000
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259545000
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305387000
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31000
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261000
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35508000
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56405000
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0
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16066000
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24129000
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9036000
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25550000
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453811000
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1488000
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478000
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-4000
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3967000
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0
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2019-08-24
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2020-01-21
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0.350
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CY2019 us-gaap Prior Period Reclassification Adjustment Description
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<div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:12pt; margin-bottom:0pt"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Reclassifications</div></div><div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:0pt; margin-bottom:0pt">Certain amounts reported in our Consolidated Balance Sheet as of January&#160;28, 2018 and our Consolidated Statements of Cash Flows for the&#160;fifty-two&#160;weeks ended January&#160;28, 2018 and January&#160;29, 2017 have been reclassified in order to conform to the current period presentation. These reclassifications impacted prepaid catalog expenses, prepaid expenses, goodwill, other long-term assets, accounts payable, accrued expenses, gift card and other deferred revenue and other current liabilities. There was no change to total current assets, total assets, total current liabilities, or cash flows as a result of these reclassifications.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Fiscal Period
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<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Fiscal Year </div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0pt; line-height: 12pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Our fiscal year ends on the Sunday closest to January&#160;31, based on a 52 or 53-week year. Fiscal 2018, a 53-week year, ended on February&#160;3, 2019; Fiscal 2017, a 52-week year, ended on January&#160;28, 2018; and Fiscal 2016, a 52-week year, ended on January&#160;29, 2017. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Use Of Estimates
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<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 18pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates </div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0pt; line-height: 12pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. These estimates and assumptions are evaluated on an ongoing basis and are based on historical experience and various other factors that we believe to be reasonable under the circumstances. Actual results could differ from these estimates. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 dei Entity Small Business
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CY2019 us-gaap Revenue Recognition Deferred Revenue
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<div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:12pt; margin-bottom:0pt"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Gift Card and Other Deferred Revenue</div></div><div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:0pt; margin-bottom:0pt">We defer revenue when cash payments are received in advance of satisfying performance obligations, primarily associated with our stored-value cards, merchandise sales, customer loyalty programs, and incentives received from credit card issuers.</div><div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:6pt; margin-bottom:0pt">We issue stored-value cards that may be redeemed on future merchandise purchases at our stores or through our&#160;e-commerce&#160;channel. Our stored-value cards have no expiration dates. Revenue from stored-value cards is recognized at a point in time upon redemption of the card and as control of the merchandise is transferred to the customer. Revenue from estimated unredeemed stored-value cards (breakage) is recognized in a manner consistent with our historical redemption patterns over the estimated period of redemption of our cards of approximately four years, the majority of which is recognized within one year of the card issuance. Breakage revenue is not material to our Consolidated Financial Statements.</div><div style="color: rgb(0, 0, 0); font-family: 'times new roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">For merchandise sales, we record a liability at each period end where we have not fulfilled our obligation to transfer goods or services to the customer, but for which we have already received consideration or have a right to consideration.</div><div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:6pt; margin-bottom:0pt">We have customer loyalty programs which allow members to earn points for each qualifying purchase. Points earned enable members to receive certificates that may be redeemed on future merchandise purchases at our stores or through our&#160;e-commerce&#160;channel. This customer option is a material right and, accordingly, represents a separate performance obligation to the customer. The allocated consideration for the points earned by our loyalty program members is deferred based on the standalone selling price of the points and recorded within gift card and other deferred revenue within our Consolidated Balance Sheet. The measurement of standalone selling prices takes into consideration the discount the customer would receive in a separate transaction for the delivered item, as well as our estimate of certificates expected to be redeemed, based on historical redemption patterns. This measurement is applied to our portfolio of performance obligations for points earned, as all obligations have similar economic characteristics. We believe the impact to our Consolidated Financial Statements would not be materially different if this measurement was applied to each individual performance obligation. Revenue is recognized for these performance obligations at a point in time when certificates are redeemed by the customer. These obligations relate to contracts with terms less than one year, as our certificates generally expire within 6 months from issuance.</div><div style="font-size: 1px; color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin-top: 0px; margin-bottom: 0px; background: none;">&#160;</div><div style="font-size: 10pt; color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt; margin-bottom: 0pt; line-height: 12pt;">We enter into agreements with credit card issuers in connection with our private label and&#160;co-branded&#160;credit cards whereby we receive cash incentives in exchange for promised services, such as licensing our brand names and marketing the credit card program to&#160;customers. Services promised under these agreements are interrelated and are thus considered a single performance obligation. Revenue is recognized over time as we transfer promised services throughout the contract term.</div><div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:6pt; margin-bottom:0pt">As of February&#160;3, 2019, we had recorded $298,435,000 for gift card and other deferred revenue&#160;in our Consolidated Balance Sheet, substantially all of which will be recognized into revenue within the next 12 months.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019 us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 6pt;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Merchandise Sales</div></div><div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:0pt; margin-bottom:0pt">Revenues from the sale of our merchandise through our&#160;e-commerce&#160;channel, at our retail stores, as well as to our franchisees and wholesale customers are, in each case, recognized at a point in time when control of merchandise is transferred to the customer. Merchandise can either be picked up in our stores, or delivered to the customer. For merchandise picked up in the store, control is transferred at the time of the sale to the customer. For merchandise delivered to the customer, control is transferred either when delivery has been completed, or when we have a present right to payment which, for certain merchandise, occurs upon conveyance of the merchandise to the carrier for delivery. We exclude from revenue any taxes assessed by governmental authorities, including value-added and other sales-related taxes, that are imposed on and are concurrent with revenue-generating activities. Our payment terms are primarily at the point of sale for merchandise sales and for most services. We have elected to account for shipping and handling as fulfillment activities, and not as a separate performance obligation.</div><div style="font-size:10pt; color:#000000; font-family:'times new roman'; font-style:normal; font-variant-ligatures:normal; font-variant-caps:normal; font-weight:400; letter-spacing:normal; orphans:2; text-align:start; text-indent:0px; text-transform:none; white-space:normal; widows:2; word-spacing:0px; -webkit-text-stroke-width:0px; text-decoration-style:initial; text-decoration-color:initial; margin-top:6pt; margin-bottom:0pt">Revenue from the sale of merchandise is reported net of sales returns. We estimate future returns based on historical return trends together with current product sales performance. As of February&#160;3, 2019, we recorded a liability for expected sales returns of approximately $26,276,000 within other current liabilities and a corresponding asset for the expected net realizable value of the merchandise inventory to be returned of approximately $10,030,000 within other current assets in our Consolidated Balance Sheet.</div><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin-top: 6pt; margin-bottom: 0pt;">Prior to the adoption of Auditing Standards Update (&#8220;ASU&#8221;)&#160;2014-09,&#160;<div style="font-style:italic;display:inline;">Revenue from Contracts with Customers</div>&#160;in the first quarter of fiscal 2018, we recorded a reserve for estimated product returns, net of cost of merchandise inventory to be returned, within other current liabilities. For fiscal 2017 and fiscal 2016, the opening balance of our sales returns reserve was&#160;$16,058,000&#160;and&#160;$19,113,000, respectively. For fiscal 2017 and fiscal 2016, provision for sales returns was&#160;$302,320,000 and&#160;$303,694,000, respectively, and actual sales returns were&#160;$306,536,000&#160;and&#160;$306,749,000, respectively. The closing balance of our sales returns reserve was&#160;$11,842,000&#160;and&#160;$16,058,000 for fiscal 2017 and fiscal 2016, respectively.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 wsm Deferred Revenues And Credits
DeferredRevenuesAndCredits
298435000
CY2018Q1 wsm Percentage Increase In Quarterly Cash Dividend
PercentageIncreaseInQuarterlyCashDividend
0.116
CY2019Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
7500000
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
7500000
CY2015Q1 wsm Reserve For Estimated Product Returns Net Of Cost Of Goods Sold
ReserveForEstimatedProductReturnsNetOfCostOfGoodsSold
19113000
CY2017Q1 wsm Reserve For Estimated Product Returns Net Of Cost Of Goods Sold
ReserveForEstimatedProductReturnsNetOfCostOfGoodsSold
11842000
CY2016Q1 wsm Reserve For Estimated Product Returns Net Of Cost Of Goods Sold
ReserveForEstimatedProductReturnsNetOfCostOfGoodsSold
16058000
CY2017 wsm Revenue Recognition Sales Returns Reserve For Sales Returns Net Of Cost Of Goods Sold
RevenueRecognitionSalesReturnsReserveForSalesReturnsNetOfCostOfGoodsSold
302320000
CY2016 wsm Revenue Recognition Sales Returns Reserve For Sales Returns Net Of Cost Of Goods Sold
RevenueRecognitionSalesReturnsReserveForSalesReturnsNetOfCostOfGoodsSold
303694000
CY2017 wsm Sales Returns Goods Net Of Cost Of Goods Sold
SalesReturnsGoodsNetOfCostOfGoodsSold
306536000
CY2016 wsm Sales Returns Goods Net Of Cost Of Goods Sold
SalesReturnsGoodsNetOfCostOfGoodsSold
306749000
CY2019Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
-4797000
CY2018Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
-3116000
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
786000
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1356000
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1122000
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
376000
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
714000
CY2018 us-gaap Severance Costs1
SeveranceCosts1
8600000
CY2019Q1 wsm Entity Wide Disclosure On Geographic Areas Long Lived Assets Foreign Countries
EntityWideDisclosureOnGeographicAreasLongLivedAssetsForeignCountries
50300000
CY2018Q1 wsm Entity Wide Disclosure On Geographic Areas Long Lived Assets Foreign Countries
EntityWideDisclosureOnGeographicAreasLongLivedAssetsForeignCountries
63400000
CY2017Q1 wsm Entity Wide Disclosure On Geographic Areas Long Lived Assets Foreign Countries
EntityWideDisclosureOnGeographicAreasLongLivedAssetsForeignCountries
59200000
CY2019 dei Document Type
DocumentType
10-K
CY2019 dei Amendment Flag
AmendmentFlag
false
CY2019 dei Document Period End Date
DocumentPeriodEndDate
2019-02-03
CY2019 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2019 dei Entity Registrant Name
EntityRegistrantName
WILLIAMS SONOMA INC
CY2019 dei Entity Central Index Key
EntityCentralIndexKey
0000719955
CY2019 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-03
CY2019 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2019 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2019 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q3 dei Entity Public Float
EntityPublicFloat
4678185000
CY2019 dei Trading Symbol
TradingSymbol
WSM
CY2019 dei Entity Shell Company
EntityShellCompany
false
CY2019 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false

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