Crown Crafts Inc (CRWS) Financial Statements (2024 and earlier)

Company Profile

Business Address 916 SOUTH BURNSIDE AVENUE
GONZALES, LA 70737
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 2211 - Broadwoven Fabric Mills, Cotton (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2024
MRQ
3/31/2024
12/31/2023
MRQ
3/31/2023
3/31/2022
3/31/2021
3/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8296831,7421,598613282
Cash and cash equivalents8296831,7421,598613282
Receivables3,8194,4082,0682,133734731
Inventory, net of allowances, customer advances and progress billings29,70934,93534,21120,65320,33517,732
Inventory29,70934,93534,21120,65320,33517,732
Prepaid expense1,8832,7441,6141,0311,1841,224
Other undisclosed current assets18,58417,63620,74021,09318,60417,072
Total current assets:54,82460,40660,37546,50841,47037,041
Noncurrent Assets
Operating lease, right-of-use asset14,94915,81317,3052,4234,0684,896
Property, plant and equipment1,6561,6961,7191,3571,4582,000
Intangible assets, net (including goodwill)10,79810,89611,3859,77910,28812,702
Goodwill7,9267,8747,9127,1257,1257,125
Intangible assets, net (excluding goodwill)2,8723,0223,4732,6543,1635,577
Deferred income tax assets277291  706439
Other noncurrent assets202202188889295
Total noncurrent assets:27,88228,89830,59713,64716,61220,132
TOTAL ASSETS:82,70689,30490,97260,15558,08257,173
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,87411,15010,63012,9779,1806,288
Interest and dividends payable827800813
Employee-related liabilities2,1962,2161,781
Accounts payable4,5027,5087,5486,3755,5392,972
Accrued liabilities2,3723,6423,0823,579625722
Debt     1,964 
Other undisclosed current liabilities3,5873,4802,427(1,191)1,802191
Total current liabilities:10,46114,63013,05711,78612,9466,479
Noncurrent Liabilities
Long-term debt and lease obligation8,11210,01412,6748092,6417,537
Long-term debt, excluding current maturities8,11210,01412,674  2,578
Liabilities, other than long-term debt12,53213,43516,0271,759630721
Deferred income tax liabilities   8151,020  
Liability for uncertainty in income taxes394379323739630721
Operating lease, liability12,13813,05614,8898092,6414,959
Total noncurrent liabilities:20,64423,44928,7012,5683,2718,258
Total liabilities:31,10538,07941,75814,35416,21714,737
Equity
Equity, attributable to parent51,60151,22549,21445,80141,86542,436
Common stock132131131129128126
Treasury stock, value(15,821)(15,821)(15,821)(15,614)(15,202)(12,408)
Additional paid in capital57,88857,69957,12655,92554,74853,610
Retained earnings9,4029,2167,7785,3612,1911,108
Total equity:51,60151,22549,21445,80141,86542,436
TOTAL LIABILITIES AND EQUITY:82,70689,30490,97260,15558,08257,173

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

6/30/2024
TTM
3/31/2024
12/31/2023
TTM
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Revenues87,63286,66675,05387,36079,16473,396
Cost of revenue
(Cost of Goods and Services Sold)
(64,632)(64,171)(55,225)(64,052)(55,067)(51,806)
Gross profit:23,00022,49519,82823,30824,09721,590
Operating expenses(16,105)(15,953)(12,655)(13,002)(16,452)(13,853)
Operating income:6,8956,5427,17310,3067,6457,737
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
9413667(1)18
Interest and debt expense    1,985  
Other undisclosed income from continuing operations before equity method investments, income taxes     7913
Income from continuing operations before equity method investments, income taxes:6,9046,5467,30912,3587,7237,768
Other undisclosed income (loss) from continuing operations before income taxes(676)(427)117(32)  
Income from continuing operations before income taxes:6,2286,1197,42612,3267,7237,768
Income tax expense(1,334)(1,401)(1,776)(2,408)(1,642)(1,207)
Income from continuing operations:4,8944,7185,6509,9186,0816,561
Income before gain (loss) on sale of properties:9,9186,0816,561
Net income available to common stockholders, diluted:4,8944,7185,6509,9186,0816,561

Comprehensive Income ($ in thousands)

6/30/2024
TTM
3/31/2024
12/31/2023
TTM
3/31/2023
3/31/2022
3/31/2021
3/31/2020
Net income:4,8944,7185,6509,9186,0816,561
Comprehensive income, net of tax, attributable to parent:4,8944,7185,6509,9186,0816,561

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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