Tuesday Morning Corp. (TUEM) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
6250 LBJ FREEWAY DALLAS, TX 75240 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 5331 - Variety Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q1 | 6/30/2022 Q4 | 3/31/2022 Q3 | 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,912 | 8,457 | 4,321 | 4,550 | 6,534 | 6,314 | |||
| Cash and cash equivalents | 6,912 | 8,457 | 4,321 | 4,550 | 6,534 | 6,314 | |||
| Inventory, net of allowances, customer advances and progress billings | 132,464 | 176,650 | 157,067 | 174,149 | 145,075 | 137,360 | |||
| Inventory | 132,464 | 176,650 | 157,067 | 174,149 | 145,075 | 137,360 | |||
| Prepaid expense | 5,477 | 5,073 | 5,319 | 4,404 | 5,486 | 8,081 | |||
| Other current assets | 3,015 | 1,862 | 5,149 | 6,519 | 3,385 | 3,970 | |||
| Other undisclosed current assets | 137 | 22,321 | 55,569 | ||||||
| Total current assets: | 147,868 | 192,042 | 171,856 | 189,759 | 182,801 | 211,294 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 156,705 | 162,320 | 178,794 | 185,619 | 193,244 | 203,565 | |||
| Property, plant and equipment | 26,423 | 30,365 | 32,131 | 33,838 | 37,784 | 39,082 | |||
| Other noncurrent assets | 3,137 | 1,641 | 1,686 | 1,546 | 1,596 | 3,329 | |||
| Other undisclosed noncurrent assets | 6,702 | 1,816 | 1,968 | 2,214 | 2,459 | 2,705 | |||
| Total noncurrent assets: | 192,967 | 196,142 | 214,579 | 223,217 | 235,083 | 248,681 | |||
| TOTAL ASSETS: | 340,835 | 388,184 | 386,435 | 412,976 | 417,884 | 459,975 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 100,675 | 82,032 | 81,773 | 98,690 | 92,384 | 118,948 | |||
| Taxes payable | 6,320 | ✕ | ✕ | ||||||
| Employee-related liabilities | 6,684 | ✕ | ✕ | ||||||
| Accounts payable | 52,071 | 42,950 | 36,579 | 56,814 | 45,930 | 46,082 | |||
| Accrued liabilities | 35,600 | 39,082 | 45,194 | 41,876 | 46,454 | 72,866 | |||
| Debt | 313 | 1 | 23 | 73 | 171 | ||||
| Other undisclosed current liabilities | 33,386 | 54,164 | 57,815 | 55,315 | 54,632 | 53,309 | |||
| Total current liabilities: | 134,374 | 136,197 | 139,611 | 154,078 | 147,016 | 172,428 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 151,920 | 174,788 | 154,041 | 168,923 | 168,240 | 169,199 | |||
| Long-term debt, excluding current maturities | 31,355 | 54,077 | 17,860 | 22,390 | 12,000 | ||||
| Finance lease, liability | 9 | ||||||||
| Liabilities, other than long-term debt | 48,708 | 31,194 | 30,252 | 31,171 | 30,827 | 4,032 | |||
| Asset retirement obligations | 1,056 | 1,085 | 1,066 | 1,021 | 971 | ||||
| Due to related parties | 37,443 | 29,531 | 28,448 | 27,396 | 26,374 | ||||
| Other liabilities | 1,497 | 607 | 719 | 2,709 | 3,432 | 3,061 | |||
| Operating lease, liability | 120,565 | 120,711 | 136,181 | 146,533 | 156,240 | 169,190 | |||
| Derivative instruments and hedges, liabilities | 9,768 | ||||||||
| Other undisclosed noncurrent liabilities | 25,383 | ||||||||
| Total noncurrent liabilities: | 200,628 | 205,982 | 184,293 | 200,094 | 199,067 | 198,614 | |||
| Total liabilities: | 335,002 | 342,179 | 323,904 | 354,172 | 346,083 | 371,042 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,833 | 46,005 | 62,531 | 58,804 | 71,801 | 88,933 | |||
| Common stock | 1,767 | 858 | 858 | 858 | 862 | 832 | |||
| Treasury stock, value | (6,812) | (6,812) | (6,812) | (6,812) | (6,812) | (6,812) | |||
| Additional paid in capital | 325,791 | 310,566 | 308,941 | 307,108 | 305,498 | 303,798 | |||
| Accumulated deficit | (314,913) | (258,607) | (240,456) | (242,350) | (227,747) | (208,885) | |||
| Total equity: | 5,833 | 46,005 | 62,531 | 58,804 | 71,801 | 88,933 | |||
| TOTAL LIABILITIES AND EQUITY: | 340,835 | 388,184 | 386,435 | 412,976 | 417,884 | 459,975 | |||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2022 Q1 | 6/30/2022 Q4 | 3/31/2022 Q3 | 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 157,105 | (587,875) | 159,621 | 251,382 | 176,872 | 177,274 | 153,345 | |
| Cost of revenue (Cost of Goods and Services Sold) | (122,469) | (120,700) | (179,838) | (125,858) | (130,596) | (105,145) | ||
| Gross profit: | 34,636 | 38,921 | 71,544 | 51,014 | 46,678 | 48,200 | ||
| Operating expenses | (60,523) | (55,290) | (68,098) | (62,707) | (64,751) | (59,183) | ||
| Other undisclosed operating income (loss) | 1,916 | (1,047) | ||||||
| Operating income (loss): | (25,887) | (16,369) | 3,446 | (11,693) | (16,157) | (12,030) | ||
| Nonoperating expense | (2,127) | (1,713) | (1,561) | (2,959) | (54,975) | (24,917) | ||
| Other nonoperating income (expense) | (498) | 78 | 83 | 49 | 89 | |||
| Interest and debt expense | (8,382) | (1) | (1) | (1) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (36,396) | (18,082) | 1,884 | (14,652) | (71,133) | (36,948) | ||
| Other undisclosed income from continuing operations before income taxes | 8,382 | 1 | 51,847 | 1 | ||||
| Income (loss) from continuing operations before income taxes: | (28,014) | (18,082) | 1,885 | (14,652) | (19,286) | (36,947) | ||
| Income tax expense (benefit) | (149) | (69) | 9 | 49 | 424 | (172) | ||
| Income (loss) from continuing operations: | (28,163) | (18,151) | 1,894 | (14,603) | (18,862) | (37,119) | ||
| Income (loss) before gain (loss) on sale of properties: | (28,163) | ✕ | (18,151) | 1,894 | (14,603) | (18,862) | (37,119) | |
| Net income (loss) attributable to parent: | (28,163) | (18,151) | 1,894 | (14,603) | (18,862) | (37,119) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (23) | 176 | ||||||
| Net income (loss) available to common stockholders, diluted: | (28,163) | (18,151) | 1,871 | (14,603) | (18,686) | (37,119) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q1 | 6/30/2022 Q4 | 3/31/2022 Q3 | 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (28,163) | (18,151) | 1,894 | (14,603) | (18,862) | (37,119) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (28,163) | (18,151) | 1,894 | (14,603) | (18,862) | (37,119) | ||
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.