Conn's Inc. (CONN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2445 TECHNOLOGY FOREST BLVD, SUITE 800 THE WOODLANDS, TX 77381 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| Industry (SIC) | 5731 - Radio, Television, and Consumer Electronics Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 1/31/2024 | 10/31/2023 MRQ | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6 | 20 | 8 | 10 | 5 | 6 | |||
| Cash and cash equivalents | 6 | 20 | 8 | 10 | 5 | 6 | |||
| Restricted cash and investments | 41 | 32 | 51 | 75 | 59 | ||||
| Receivables | 518 | 517 | 526 | 579 | 747 | 720 | |||
| Inventory, net of allowances, customer advances and progress billings | 232 | 241 | 247 | 196 | 220 | 220 | |||
| Inventory | 232 | 241 | 247 | 196 | 220 | 220 | |||
| Other current assets | 16 | 10 | |||||||
| Other undisclosed current assets | 53 | 13 | 9 | 9 | (4) | (0) | |||
| Total current assets: | 808 | 831 | 821 | 844 | 1,059 | 1,014 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 5 | 6 | ✕ | ||||||
| Operating lease, right-of-use asset | 335 | 262 | 256 | 266 | ✕ | ||||
| Property, plant and equipment | 215 | 191 | 173 | 149 | |||||
| Long-term investments and receivables | 355 | 389 | 432 | 431 | 664 | 686 | |||
| Accounts and financing receivable, after allowance for credit loss | 355 | 389 | 432 | 431 | 664 | 686 | |||
| Deferred income tax assets | 9 | ✕ | |||||||
| Other noncurrent assets | 13 | 15 | 52 | 14 | 12 | 8 | |||
| Other undisclosed noncurrent assets | 214 | 187 | 261 | 28 | |||||
| Total noncurrent assets: | 918 | 885 | 934 | 911 | 1,110 | 871 | |||
| TOTAL ASSETS: | 1,726 | 1,716 | 1,754 | 1,755 | 2,169 | 1,885 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 140 | 141 | 187 | 154 | 114 | 161 | |||
| Taxes payable | ✕ | ✕ | ✕ | 3 | 1 | 2 | 9 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 37 | 25 | 11 | 27 | ||
| Accounts payable | 67 | 72 | 75 | 69 | 49 | 71 | |||
| Accrued liabilities | 73 | 69 | 73 | 58 | 52 | 54 | |||
| Deferred revenue | 10 | 11 | 16 | 13 | ✕ | ||||
| Debt | 8 | 2 | 2 | 2 | 1 | 54 | |||
| Other liabilities | 15 | 22 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 22 | ||
| Other undisclosed current liabilities | 81 | 68 | 54 | 43 | 33 | (22) | |||
| Total current liabilities: | 239 | 222 | 258 | 212 | 162 | 238 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 673 | 636 | 522 | 609 | 1,026 | 901 | |||
| Long-term debt, excluding current maturities | 673 | 609 | 1,026 | 901 | |||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4 | ||
| Finance lease, liability | 4 | 5 | 5 | ✕ | |||||
| Other undisclosed long-term debt and lease obligation | 632 | 186 | (360) | (4) | |||||
| Liabilities, other than long-term debt | 423 | 355 | 29 | 23 | 25 | 126 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 93 | ||
| Deferred income tax liabilities | 2 | 2 | 7 | ✕ | |||||
| Other liabilities | 18 | 22 | 21 | 23 | 25 | 33 | |||
| Operating lease, liability | 404 | 331 | 330 | 355 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 330 | 355 | 329 | ||||||
| Total noncurrent liabilities: | 1,097 | 991 | 881 | 986 | 1,379 | 1,027 | |||
| Total liabilities: | 1,336 | 1,214 | 1,140 | 1,198 | 1,542 | 1,265 | |||
| Temporary equity, carrying amount | |||||||||
| Equity | |||||||||
| Equity, attributable to parent | 391 | 502 | 615 | 557 | 627 | 620 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (193) | (193) | (125) | (66) | (66) | ||||
| Additional paid in capital | 164 | 156 | 140 | 132 | 123 | 111 | |||
| Retained earnings | 420 | 540 | 599 | 491 | 571 | 508 | |||
| Total equity: | 391 | 502 | 615 | 557 | 627 | 620 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,726 | 1,716 | 1,754 | 1,755 | 2,169 | 1,885 | |||
Income Statement (P&L) ($ in millions)
| 1/31/2024 | 10/31/2023 TTM | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,027 | 1,343 | 1,590 | 1,386 | 1,544 | 1,550 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,195 | |
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 355 | |
| Other income | 238 | 266 | 285 | 322 | 380 | |||
| Cost of revenue | (563) | (725) | (829) | (675) | (701) | (710) | ||
| Cost of goods and services sold | (448) | (710) | (826) | (668) | (698) | (702) | ||
| Gross profit: | 464 | 618 | 761 | 711 | 843 | 840 | ||
| Operating expenses | (722) | (647) | (593) | (681) | (708) | (679) | ||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (1) | (14) | (3) | (6) | (3) | (8) | ||
| Other undisclosed operating income | 2 | 14 | 3 | 6 | 3 | 8 | ||
| Operating income (loss): | (258) | (29) | 169 | 31 | 135 | 161 | ||
| Nonoperating income (Investment Income, Nonoperating) | ||||||||
| Interest and debt expense | (71) | (37) | (27) | (50) | (60) | (64) | ||
| Income (loss) from continuing operations before income taxes: | (328) | (66) | 142 | (19) | 74 | 97 | ||
| Income tax expense (benefit) | 48 | 7 | (34) | 16 | (18) | (23) | ||
| Income (loss) from continuing operations: | (280) | (59) | 108 | (3) | 56 | 74 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 108 | (3) | 56 | 74 | |
| Net income (loss) available to common stockholders, diluted: | (280) | (59) | 108 | (3) | 56 | 74 | ||
Comprehensive Income ($ in millions)
| 1/31/2024 | 10/31/2023 TTM | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (280) | (59) | 108 | (3) | 56 | 74 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (280) | (59) | 108 | (3) | 56 | 74 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.