Duluth Holdings Inc. (DLTH) Financial Statements (2024 and earlier)

Company Profile

Business Address 201 EAST FRONT STREET
MOUNT HOREB, WI 53572
State of Incorp.
Fiscal Year End January 31
Industry (SIC) 56 - Apparel And Accessory Stores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

10/31/2023
MRQ
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments45,54877,05147,2215387312,865
Cash and cash equivalents45,54877,05147,2215387312,865
Receivables6,0415,4552,8203,1214,639325
Inventory, net of allowances, customer advances and progress billings154,922122,672149,052147,84988,91989,548
Inventory154,922122,672149,052147,84988,91989,548
Prepaid expense13,93913,6236,564  7,642
Capitalized contract cost3,0741,4751,149  
Deferred costs      1,446
Other undisclosed current assets2,3732,2453,50410,6846,616 
Total current assets:225,897222,521210,310162,192100,905101,826
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization47,20650,13353,46846,677
Operating lease, right-of-use asset131,753120,911117,490120,431
Property, plant and equipment108,332110,078124,237137,071167,109109,705
Intangible assets, net (including goodwill)    526402600
Goodwill     402402
Intangible assets, net (excluding goodwill)    526 198
Restricted cash and investments    512,3544,218
Deferred income tax assets    
Other noncurrent assets8,7275,3533,9611,1962,401628
Other undisclosed noncurrent assets5,5396,5546,1115,906(50,990)6,125
Total noncurrent assets:301,557293,029305,267311,858121,276121,276
TOTAL ASSETS:527,454515,550515,577474,050222,181223,102
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities82,60388,13568,06954,48548,25250,212
Taxes payable1,7616,8147,5793,4277,7807,631
Employee-related liabilities2,40411,7738,8262,7752,328 
Accounts payable56,54745,40233,64733,05325,36317,320
Accrued liabilities21,89124,14618,01715,23012,78125,261
Deferred revenue10,24910,7919,9449,946
Debt3,6103,3945,75212,83150084
Deferred revenue and credits10,485 
Other undisclosed current liabilities21,84213,67611,9491,513(8,837) 
Total current liabilities:118,304115,99695,71478,77550,40050,296
Noncurrent Liabilities
Long-term debt and lease obligation, including:63,338173,969220,565171,332 1,424
Long-term debt, excluding current maturities25,91326,60872,97927,778 1,424
Capital lease obligations 26,578
Finance lease, liability37,42540,26743,29937,434
Other undisclosed long-term debt and lease obligation      (26,578)
Liabilities, other than long-term debt118,6152,8678,2008,5056,7265,455
Deferred revenue and credits5,0033,355
Deferred tax liabilities, net1,7232,100
Deferred income tax liabilities 1,2492,8678,2008,505
Operating lease, liability117,366107,094104,287106,120
Other undisclosed noncurrent liabilities    39,33226,35426,578
Total noncurrent liabilities:181,953176,836228,765219,16933,08033,457
Total liabilities:300,257292,832324,479297,94483,48083,753
Equity
Equity, attributable to parent230,407225,870193,461178,272160,349136,070
Treasury stock, value(1,459)(1,002)(628)(407)(92)(57)
Additional paid in capital98,84295,51592,87590,90289,84988,043
Accumulated other comprehensive income (loss)(148)48948188  
Retained earnings133,172130,868101,16687,58970,59248,084
Equity, attributable to noncontrolling interest(3,210)(3,152)(2,363)(2,166)(239)3,279
Other undisclosed equity     (21,409) 
Total equity:227,197222,718191,098176,106138,701139,349
TOTAL LIABILITIES AND EQUITY:527,454515,550515,577474,050222,181223,102

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

10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Revenues653,307698,584638,783615,624568,102471,447
Revenue, net471,447
Cost of revenue
(Cost of Goods and Services Sold)
(309,872)(321,260)(307,257)(287,475)(257,700)(210,428)
Gross profit:343,435377,324331,526328,149310,402261,019
Operating expenses(337,204)(333,225)(307,311)(300,041)(273,221)(223,947)
Operating income (loss):6,23144,09924,21528,10837,18137,072
Nonoperating income
(Other Nonoperating income)
3765565291383421
Interest and debt expense(3,653)(4,717)(6,263)(4,471)(5,949)(1,988)
Income (loss) from continuing operations before income taxes:2,95439,43718,01723,92831,61535,505
Income tax expense (benefit)(708)(9,887)(4,637)(5,429)(8,450)(11,878)
Income (loss) from continuing operations:2,24629,55013,38018,49923,16523,627
Income before gain (loss) on sale of properties:29,55013,38018,49923,16523,627
Net income (loss):2,24629,55013,38018,49923,16523,627
Net income (loss) attributable to noncontrolling interest58152197422(9)(276)
Net income (loss) available to common stockholders, diluted:2,30429,70213,57718,92123,15623,351

Comprehensive Income ($ in thousands)

10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Net income (loss):2,24629,55013,38018,49923,16523,627
Other comprehensive income (loss)(637)441(140)188  
Comprehensive income (loss):1,60929,99113,24018,68723,16523,627
Comprehensive income (loss), net of tax, attributable to noncontrolling interest58152197422(9)(276)
Comprehensive income (loss), net of tax, attributable to parent:1,66730,14313,43719,10923,15623,351

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: