Hamilton Beach Brands Holding Company (HBB) financial statements (2023 and earlier)

Company profile

Business Address 4421 WATERFRONT DRIVE
GLEN ALLEN, VA 23060
State of Incorp. DE
Fiscal Year End December 31
SIC 3634 - Electric Housewares and Fans (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1251,4631,1081,3752,4158581,616
Cash and cash equivalents1,1251,4631,1081,3752,4158581,616
Restricted cash and investments48208213210208198194
Inventory, net of allowances, customer advances and progress billings183,382176,982151,728163,831173,962203,36990,572
Inventory183,382176,982151,728163,831173,962203,36990,572
Other undisclosed current assets133,805143,219120,905121,494159,707112,34798,373
Total current assets:318,360321,872273,954286,910336,292316,772190,755
Noncurrent Assets
Property, plant and equipment30,48531,69930,31924,25223,49023,41223,064
Intangible assets, net (including goodwill)7,9457,9958,0458,0958,1458,4238,747
Goodwill6,2536,2536,2536,2536,2536,2536,253
Intangible assets, net (excluding goodwill)1,6921,7421,7921,8421,8922,1702,494
Deferred costs18,70314,78514,19213,96013,44911,85211,532
Deferred income tax assets4,0063,0883,4253,4166,9656,0785,830
Other noncurrent assets3,0053,0243,0702,7082,8272,8422,673
Total noncurrent assets:64,14460,59159,05152,43154,87652,60751,846
TOTAL ASSETS:382,504382,463333,005339,341391,168369,379242,601
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities143,631137,028107,019113,619168,035201,590103,644
Accounts payable131,912126,23199,353102,725152,054187,29692,282
Employee-related liabilities11,71910,7977,66610,89415,98114,29411,362
Debt     70,41341,785
Customer refund liability6,4296,0486,2765,8606,8536,5757,383
Other liabilities14,11617,08417,95718,46523,67717,33815,242
Other undisclosed current liabilities  3410505496496
Total current liabilities:164,176160,160131,286137,954199,070296,412168,550
Noncurrent Liabilities
Long-term debt and lease obligation96,837114,95099,170102,55598,360  
Long-term debt, excluding current maturities96,837114,95099,170102,55598,360  
Liabilities, other than long-term debt19,21219,44819,46116,13313,63312,56712,499
Other liabilities19,21219,44819,46116,13313,63312,56712,499
Total noncurrent liabilities:116,049134,398118,631118,688111,99312,56712,499
Total liabilities:280,225294,558249,917256,642311,063308,979181,049
Stockholders' equity
Stockholders' equity attributable to parent, including:102,27987,90583,08882,69980,10560,40061,552
Treasury stock, value(5,960)(5,960)(5,960)(5,960)(5,960)(5,960)(5,960)
Additional paid in capital61,58661,23360,88159,45658,48558,22556,325
Accumulated other comprehensive loss(14,243)(17,016)(17,164)(17,429)(17,476)(19,225)(19,481)
Retained earnings60,75349,50545,18846,48944,91527,21930,528
Other undisclosed stockholders' equity attributable to parent143143143143141141140
Total stockholders' equity:102,27987,90583,08882,69980,10560,40061,552
TOTAL LIABILITIES AND EQUITY:382,504382,463333,005339,341391,168369,379242,601

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

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues197,750156,740154,655149,249234,021110,549138,297
Cost of revenue
(Cost of Goods and Services Sold)
(154,608)(123,456)(126,272)(117,556)(179,409)(86,801)(103,043)
Gross profit:43,14233,28428,38331,69354,61223,74835,254
Operating expenses(25,199)(25,838)(27,497)(26,429)(26,190)(26,153)(24,359)
Operating income (loss):17,9437,4468865,26428,422(2,405)10,895
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
93126224(171)(84)(92)193
Interest and debt expense(774)(662)(698)(720)(690)(339)(366)
Income (loss) from continuing operations before income taxes:17,2626,9104124,37327,648(2,836)10,722
Income tax expense (benefit)(4,624)(1,204)(326)(1,497)(8,282)826(2,657)
Net income (loss):12,6385,706862,87619,366(2,010)8,065
Other undisclosed net loss attributable to parent    (370) (305)
Net income (loss) available to common stockholders, diluted:12,6385,706862,87618,996(2,010)7,760

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):12,6385,706862,87619,366(2,010)8,065
Other comprehensive income (loss) (228)40(237)   
Other undisclosed comprehensive loss(1,185)   (633)  
Comprehensive income (loss):11,4535,4781262,63918,733(2,010)8,065
Other undisclosed comprehensive income, net of tax, attributable to parent3,9583762252842,01225656
Comprehensive income (loss), net of tax, attributable to parent:15,4115,8543512,92320,745(1,754)8,121

Statements sources

The financial statements are based on the company's filings with the 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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