Conn's, Inc. (CONN) Financial Statements (2024 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 thousands)

10/31/2023
Q3
7/31/2023
Q2
4/30/2023
Q1
1/31/2023
Q4
10/31/2022
Q3
7/31/2022
Q2
4/30/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,56014,11919,5348,43324,25610,456
Cash and cash equivalents8,56014,11919,5348,43324,25610,456
Restricted cash and investments   40,837   
Receivables527,636512,159517,006496,568497,202498,051
Inventory, net of allowances, customer advances and progress billings234,478236,789240,783259,285262,952255,648
Inventory234,478236,789240,783259,285262,952255,648
Other undisclosed current assets42,98245,94312,93756,88457,95643,287
Total current assets:813,656809,010831,097821,170842,366807,442
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   4,900   
Operating lease, right-of-use asset284,457279,905262,104255,202252,653253,100
Property, plant and equipment221,881207,869 218,640210,814208,619
Long-term investments and receivables368,238366,507389,054391,933398,127407,072
Accounts and financing receivable, after allowance for credit loss368,238366,507389,054391,933398,127407,072
Other noncurrent assets13,97112,81715,00450,18750,84951,500
Other undisclosed noncurrent assets   214,056   
Total noncurrent assets:888,547867,098885,118915,962912,443920,291
TOTAL ASSETS:1,702,2031,676,1081,716,2151,737,1321,754,8091,727,733
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities150,631130,284141,019178,711169,940173,340
Taxes payable2,5162,3153,378
Employee-related liabilities19,39313,08319,490
Accounts payable72,45169,76671,68579,86577,69171,659
Accrued liabilities78,18060,51869,33476,93776,85178,813
Deferred revenue10,94310,29411,04310,99213,20214,494
Debt9,0398691,874919909882
Other undisclosed current liabilities77,13378,12768,42556,29557,94056,546
Total current liabilities:247,746219,574222,361246,917241,991245,262
Noncurrent Liabilities
Long-term debt and lease obligation, including:639,950615,377636,079591,673602,412572,350
Long-term debt, excluding current maturities639,950615,377 591,673602,412572,350
Finance lease, liability   4,289   
Other undisclosed long-term debt and lease obligation   631,790(323,410)(321,104)(325,771)
Liabilities, other than long-term debt375,185371,650355,36532,02629,42529,959
Deferred income tax liabilities1,9521,8602,041  7,116
Other liabilities23,57923,12422,21532,02629,42522,843
Operating lease, liability349,654346,666331,109323,410321,104325,771
Other undisclosed noncurrent liabilities    323,410321,104325,771
Total noncurrent liabilities:1,015,135987,027991,444947,109952,941928,080
Total liabilities:1,262,8811,206,6011,213,8051,194,0261,194,9321,173,342
Equity
Equity, attributable to parent439,322469,507502,410543,106559,877554,391
Common stock336336334333332332
Treasury stock, value(193,370)(193,370)(193,370)(193,370)(193,370)(193,370)
Additional paid in capital161,044157,712155,523153,417145,350141,993
Retained earnings471,312504,829539,923582,726607,565605,436
Total equity:439,322469,507502,410543,106559,877554,391
TOTAL LIABILITIES AND EQUITY:1,702,2031,676,1081,716,2151,737,1321,754,8091,727,733

Income Statement (P&L) ($ in thousands)

10/31/2023
Q3
7/31/2023
Q2
4/30/2023
Q1
1/31/2023
Q4
10/31/2022
Q3
7/31/2022
Q2
4/30/2022
Q1
Revenues306,906284,570154,984321,200346,632339,821
Other income63,26162,02351,05866,84267,12067,557
Cost of revenue(153,985)(147,933)(112,375)(177,848)(182,718)(178,382)
Cost of goods and services sold(153,985)(147,933) (169,842)(182,718)(178,382)
Gross profit:152,921136,63742,609143,352163,914161,439
Operating expenses(168,276)(158,147)(225,747)(161,347)(157,368)(147,514)
Other operating income (expense), net
(Other Nonrecurring (Income) Expense)
 807 (8,006)1,484 
Other undisclosed operating income   8,006  
Operating income (loss):(15,355)(20,703)(183,138)(17,995)8,03013,925
Interest and debt expense(16,787)(16,379)(15,175)(11,478)(6,808)(5,521)
Income (loss) from continuing operations before income taxes:(32,142)(37,082)(198,313)(29,473)1,2228,404
Income tax expense (benefit)(1,375)1,70238,3804,634907(2,183)
Income (loss) from continuing operations:(33,517)(35,380)(159,933)(24,839)2,1296,221
Income (loss) before gain (loss) on sale of properties:(24,839)2,1296,221
Net income (loss) available to common stockholders, diluted:(33,517)(35,380)(159,933)(24,839)2,1296,221

Comprehensive Income ($ in thousands)

10/31/2023
Q3
7/31/2023
Q2
4/30/2023
Q1
1/31/2023
Q4
10/31/2022
Q3
7/31/2022
Q2
4/30/2022
Q1
Net income (loss):(33,517)(35,380)(159,933)(24,839)2,1296,221
Comprehensive income (loss), net of tax, attributable to parent:(33,517)(35,380)(159,933)(24,839)2,1296,221

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.

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