$ZUMZ
Zumiez Inc

2021 Q3 Form 10-Q Financial Statement

#000156459021047473 Filed on September 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $268.7M $250.4M
YoY Change 7.3% 9.62%
Cost Of Revenue $163.7M $159.5M
YoY Change 2.63% 5.47%
Gross Profit $105.0M $90.90M
YoY Change 15.47% 17.75%
Gross Profit Margin 39.07% 36.3%
Selling, General & Admin $73.01M $57.70M
YoY Change 26.54% -11.91%
% of Gross Profit 69.56% 63.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.750M $5.900M
YoY Change -2.54% -4.84%
% of Gross Profit 5.48% 6.49%
Operating Expenses $73.01M $57.80M
YoY Change 26.32% -11.89%
Operating Profit $31.95M $33.10M
YoY Change -3.46% 185.44%
Interest Expense $965.0K $800.0K
YoY Change 20.63% 0.0%
% of Operating Profit 3.02% 2.42%
Other Income/Expense, Net -$151.0K $400.0K
YoY Change -137.75% -28.44%
Pretax Income $32.77M $34.30M
YoY Change -4.47% 163.24%
Income Tax $8.770M $8.900M
% Of Pretax Income 26.76% 25.95%
Net Earnings $24.00M $25.39M
YoY Change -5.49% 181.35%
Net Earnings / Revenue 8.93% 10.14%
Basic Earnings Per Share $0.95 $1.02
Diluted Earnings Per Share $0.94 $1.01
COMMON SHARES
Basic Shares Outstanding 25.27M 24.84M
Diluted Shares Outstanding 25.65M 25.13M

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $412.0M $299.1M
YoY Change 37.74% 58.59%
Cash & Equivalents $74.21M $133.9M
Short-Term Investments $338.9M $207.0M
Other Short-Term Assets $11.66M $10.60M
YoY Change 9.96% -10.17%
Inventory $149.4M $126.7M
Prepaid Expenses
Receivables $24.83M $24.80M
Other Receivables $0.00 $0.00
Total Short-Term Assets $597.8M $461.2M
YoY Change 29.63% 23.6%
LONG-TERM ASSETS
Property, Plant & Equipment $339.5M $383.5M
YoY Change -11.47% 229.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.32M $16.40M
YoY Change 5.63% 95.84%
Total Long-Term Assets $432.9M $475.7M
YoY Change -9.0% -6.57%
TOTAL ASSETS
Total Short-Term Assets $597.8M $461.2M
Total Long-Term Assets $432.9M $475.7M
Total Assets $1.031B $936.9M
YoY Change 10.02% 6.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $80.17M $75.30M
YoY Change 6.47% -9.12%
Accrued Expenses $89.22M $92.40M
YoY Change -3.45% 24.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $205.2M $203.6M
YoY Change 0.76% 12.4%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $231.3M $263.3M
YoY Change -12.16% 7483.53%
Total Long-Term Liabilities $231.3M $263.3M
YoY Change -12.16% -11.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $205.2M $203.6M
Total Long-Term Liabilities $231.3M $263.3M
Total Liabilities $436.4M $466.9M
YoY Change -6.52% -2.33%
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 $594.3M $470.0M
YoY Change
Total Liabilities & Shareholders Equity $1.031B $936.9M
YoY Change 10.02% 6.19%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $24.00M $25.39M
YoY Change -5.49% 181.35%
Depreciation, Depletion And Amortization $5.750M $5.900M
YoY Change -2.54% -4.84%
Cash From Operating Activities $25.21M $79.50M
YoY Change -68.3% 214.23%
INVESTING ACTIVITIES
Capital Expenditures -$2.593M -$2.500M
YoY Change 3.72% -50.0%
Acquisitions
YoY Change
Other Investing Activities -$19.21M -$9.500M
YoY Change 102.22% -43.45%
Cash From Investing Activities -$21.80M -$12.10M
YoY Change 80.2% -44.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.14M 100.0K
YoY Change -10242.0%
NET CHANGE
Cash From Operating Activities 25.21M 79.50M
Cash From Investing Activities -21.80M -12.10M
Cash From Financing Activities -10.14M 100.0K
Net Change In Cash -6.741M 67.50M
YoY Change -109.99% 1828.57%
FREE CASH FLOW
Cash From Operating Activities $25.21M $79.50M
Capital Expenditures -$2.593M -$2.500M
Free Cash Flow $27.80M $82.00M
YoY Change -66.1% 170.63%

Facts In Submission

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Use of Estimates—<span style="font-weight:normal;">The preparation of financial statements in conformity with U.S. GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements as well as the reported amounts of revenues and expenses during the reporting period.  These estimates can also affect supplemental information disclosed by us, including information about contingencies, risk and financial condition.  Actual results could differ from these estimates and assumptions.</span>
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