Container Store (The) (TCS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
500 Freeport Parkway COPPELL, TX 75019 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 57 - Home Furniture, Furnishings, And Equipment Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q1 | 3/31/2023 Q4 | 12/31/2022 Q3 | 9/30/2022 Q2 | 6/30/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10,195 | 12,155 | 6,958 | 5,760 | 19,814 | 23,206 | |||
| Cash and cash equivalents | 10,195 | 12,155 | 6,958 | 5,760 | 19,814 | 23,206 | |||
| Receivables | 25,948 | 22,834 | 26,728 | 32,147 | 29,933 | 31,274 | |||
| Inventory, net of allowances, customer advances and progress billings | 173,438 | 170,512 | 170,637 | 190,307 | 190,142 | 190,752 | |||
| Inventory | 173,438 | 170,512 | 170,637 | 190,307 | 190,142 | 190,752 | |||
| Prepaid expense | 12,986 | 14,624 | 14,989 | 15,596 | 17,474 | 14,612 | |||
| Other current assets | 9,189 | 9,985 | 10,914 | 9,941 | 9,639 | 9,826 | |||
| Total current assets: | 231,756 | 230,110 | 230,226 | 253,751 | 267,002 | 269,670 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 355,863 | 353,402 | 347,959 | 357,607 | 356,605 | 365,053 | |||
| Property, plant and equipment | 158,740 | 157,747 | 158,702 | 152,282 | 147,302 | 144,175 | |||
| Intangible assets, net (including goodwill) | 219,558 | 243,341 | 244,725 | 442,205 | 440,041 | 442,792 | |||
| Goodwill | 23,447 | 23,447 | 221,159 | 221,159 | 221,159 | ||||
| Intangible assets, net (excluding goodwill) | 219,558 | 219,894 | 221,278 | 221,046 | 218,882 | 221,633 | |||
| Deferred income tax assets | 432 | 517 | 568 | 690 | 471 | 636 | |||
| Other noncurrent assets | 3,037 | 2,702 | 2,844 | 2,323 | 2,062 | 1,923 | |||
| Other undisclosed noncurrent assets | 123 | 137 | 150 | 163 | 176 | 190 | |||
| Total noncurrent assets: | 737,753 | 757,846 | 754,948 | 955,270 | 946,657 | 954,769 | |||
| TOTAL ASSETS: | 969,509 | 987,956 | 985,174 | 1,209,021 | 1,213,659 | 1,224,439 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 136,637 | 121,523 | 127,310 | 133,042 | 196,342 | 161,127 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | 197 | ✕ | ||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 15,148 | 10,464 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 21,658 | ✕ | ||
| Accounts payable | 65,275 | 53,305 | 52,637 | 57,704 | 79,892 | 68,920 | |||
| Accrued liabilities | 71,362 | 68,218 | 74,673 | 75,338 | 79,447 | 81,743 | |||
| Debt | 4,880 | 2,055 | 4,486 | 10,192 | 15,726 | 13,613 | |||
| Self insurance reserve | 2,450 | ||||||||
| Other undisclosed current liabilities | 62,445 | 60,666 | 56,069 | 58,585 | 19,419 | 54,605 | |||
| Total current liabilities: | 203,962 | 184,244 | 190,315 | 201,819 | 231,487 | 229,345 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 168,321 | 183,333 | 163,385 | 178,416 | 158,465 | 173,502 | |||
| Other undisclosed long-term debt and lease obligation | 168,321 | 183,333 | 163,385 | 178,416 | (164,365) | (159,298) | |||
| Liabilities, other than long-term debt | 372,813 | 371,301 | 369,289 | 379,276 | 56,197 | 55,185 | |||
| Deferred income tax liabilities | 43,790 | 45,062 | 49,338 | 50,050 | 49,804 | 48,309 | |||
| Other liabilities | 5,793 | 5,394 | 5,851 | 6,983 | 6,393 | 6,876 | |||
| Operating lease, liability | 323,230 | 320,845 | 314,100 | 322,243 | 322,830 | 332,800 | |||
| Other undisclosed noncurrent liabilities | 322,830 | 332,800 | |||||||
| Total noncurrent liabilities: | 541,134 | 554,634 | 532,674 | 557,692 | 537,492 | 561,487 | |||
| Total liabilities: | 745,096 | 738,878 | 722,989 | 759,511 | 768,979 | 790,832 | |||
| Equity | |||||||||
| Equity, attributable to parent | 224,413 | 249,078 | 262,185 | 449,510 | 444,680 | 433,607 | |||
| Common stock | 496 | 494 | 492 | 492 | 501 | 499 | |||
| Additional paid in capital | 873,149 | 872,536 | 872,204 | 871,384 | 875,550 | 875,016 | |||
| Accumulated other comprehensive loss | (35,740) | (34,113) | (32,509) | (33,614) | (38,451) | (33,241) | |||
| Accumulated deficit | (613,492) | (589,839) | (578,002) | (388,752) | (392,920) | (408,667) | |||
| Total equity: | 224,413 | 249,078 | 262,185 | 449,510 | 444,680 | 433,607 | |||
| TOTAL LIABILITIES AND EQUITY: | 969,509 | 987,956 | 985,174 | 1,209,021 | 1,213,659 | 1,224,439 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q1 | 3/31/2023 Q4 | 12/31/2022 Q3 | 9/30/2022 Q2 | 6/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 219,731 | 207,112 | 259,716 | 252,236 | 272,672 | 262,634 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (93,064) | (92,563) | (106,712) | (108,795) | (118,242) | (112,546) | ||
| Gross profit: | 126,667 | 114,549 | 153,004 | 143,441 | 154,430 | 150,088 | ||
| Operating expenses | (24,216) | (186) | (198,700) | (440) | (663) | (37) | ||
| Other operating expense, net (Other Expenses) | (7) | (2,453) | ||||||
| Other undisclosed operating loss | (120,268) | (122,366) | (135,545) | (132,317) | (128,740) | (132,116) | ||
| Operating income (loss): | (17,824) | (10,456) | (181,241) | 10,684 | 25,027 | 17,935 | ||
| Nonoperating income (expense) (Gain (Loss), Foreign Currency Transaction, before Tax) | (2) | 75 | (23) | |||||
| Interest and debt expense | (5,238) | (4,967) | (4,776) | (4,389) | (3,783) | (3,223) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (23,064) | (15,348) | (186,040) | 6,295 | 21,244 | 14,712 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 2 | (75) | 23 | |||||
| Income (loss) from continuing operations before income taxes: | (23,062) | (15,423) | (186,017) | 6,295 | 21,244 | 14,712 | ||
| Income tax expense (benefit) | (591) | 3,586 | (3,233) | (2,127) | (5,497) | (4,233) | ||
| Income (loss) from continuing operations: | (23,653) | (11,837) | (189,250) | 4,168 | 15,747 | 10,479 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 15,747 | 10,479 | |
| Net income (loss) available to common stockholders, diluted: | (23,653) | (11,837) | (189,250) | 4,168 | 15,747 | 10,479 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q1 | 3/31/2023 Q4 | 12/31/2022 Q3 | 9/30/2022 Q2 | 6/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (23,653) | (11,837) | (189,250) | 4,168 | 15,747 | 10,479 | ||
| Other comprehensive income (loss) | 51 | (6) | (20) | 39 | ||||
| Comprehensive income (loss): | (23,653) | (11,837) | (189,199) | 4,162 | 15,727 | 10,518 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,627) | (1,604) | 1,054 | 4,843 | (5,190) | (5,836) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (25,280) | (13,441) | (188,145) | 9,005 | 10,537 | 4,682 | ||
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.