Winmark Corporation (WINA) financial statements (2021 and earlier)
Company profile
| Business Address |
605 HIGHWAY 169 N SUITE 400 MINNEAPOLIS, MN 55441 |
| State of Incorp. | MN |
| Fiscal Year End | December 31 |
| SIC | 59 - Miscellaneous Retail (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 25 | 2 | 1 | 1 | 1 | 3 | 11 | ||
| Cash and cash equivalents | 25 | 2 | 1 | 1 | 1 | 2 | 11 | ||
| Short-term investments | 0 | 0 | 0 | 1 | |||||
| Restricted cash and investments | 0 | 0 | 0 | 0 | 0 | ||||
| Receivables | 2 | 2 | 2 | 1 | 1 | 1 | 1 | ||
| Inventory, net of allowances, customer advances and progress billings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Prepaid expense | 1 | 1 | 1 | 1 | 1 | 0 | 1 | ||
| Deferred costs | 0 | ||||||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
| Other undisclosed current assets | 13 | 19 | 17 | 19 | 21 | 24 | 17 | ||
| Total current assets: | 41 | 24 | 21 | 23 | 24 | 28 | 31 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 3 | 1 | 0 | 1 | 1 | 1 | 1 | ||
| Intangible assets, net (including goodwill) | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Goodwill | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Deferred costs | 0 | ||||||||
| Deferred income tax assets | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 0 | 0 | 1 | 1 | 1 | ||||
| Other undisclosed noncurrent assets | 13 | 20 | 26 | 24 | 21 | 24 | 20 | ||
| Total noncurrent assets: | 21 | 22 | 27 | 26 | 23 | 26 | 22 | ||
| TOTAL ASSETS: | 62 | 47 | 48 | 49 | 47 | 55 | 53 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| Accounts payable | 1 | 1 | 2 | 2 | 2 | 2 | 2 | ||
| Accrued liabilities | 3 | 3 | 2 | 2 | 2 | 2 | 1 | ||
| Employee-related liabilities | 1 | 0 | |||||||
| Interest and dividends payable | 0 | ||||||||
| Deferred revenue | 2 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 6 | 6 | 4 | 2 | 2 | 19 | 0 | ||
| Deferred revenue and credits | ✕ | ✕ | 2 | 2 | 2 | 2 | 2 | ||
| Deferred tax liabilities | ✕ | 4 | 4 | ||||||
| Contract with customer, liability | ✕ | 2 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | (1) | (0) | |||||||
| Total current liabilities: | 12 | 12 | 9 | 7 | 8 | 29 | 11 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 29 | 28 | 65 | 43 | 64 | 0 | 0 | ||
| Long-term debt, excluding current maturities | 23 | 28 | 65 | 43 | 64 | 0 | 0 | ||
| Operating lease, liability | 6 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 9 | 11 | 4 | 6 | 6 | 5 | 5 | ||
| Deferred revenue and credits | ✕ | ✕ | 1 | 1 | 1 | 2 | 2 | ||
| Deferred revenue | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | 1 | 2 | 3 | 4 | 1 | 1 | ||
| Other liabilities | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Other undisclosed noncurrent liabilities | (1) | (1) | |||||||
| Total noncurrent liabilities: | 37 | 39 | 70 | 49 | 71 | 4 | 4 | ||
| Total liabilities: | 49 | 51 | 79 | 56 | 78 | 33 | 15 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 12 | (5) | (31) | (8) | (31) | 22 | 38 | ||
| Common stock | 12 | 4 | 1 | 3 | 0 | 0 | 3 | ||
| Accumulated other comprehensive loss | (0) | (0) | (0) | (0) | |||||
| Retained earnings (accumulated deficit) | 1 | (9) | (32) | (11) | (31) | 21 | 35 | ||
| Total stockholders' equity: | 12 | (5) | (31) | (8) | (31) | 22 | 38 | ||
| TOTAL LIABILITIES AND EQUITY: | 62 | 47 | 48 | 49 | 47 | 55 | 53 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 73 | 73 | 70 | 67 | 69 | 61 | 56 | |
| Revenue, net | ✕ | ✕ | 51 | 49 | 48 | 45 | 41 | |
| Cost of revenue | (2) | (3) | (2) | (2) | (3) | (3) | (2) | |
| Cost of goods and services sold | (2) | (3) | (2) | (2) | (3) | (3) | (2) | |
| Gross profit: | 71 | 70 | 67 | 64 | 67 | 59 | 54 | |
| Operating expenses | (26) | (26) | (25) | (24) | (24) | (25) | (23) | |
| Other undisclosed operating loss | (2) | (2) | (3) | (2) | (6) | (1) | (1) | |
| Operating income: | 43 | 42 | 39 | 38 | 37 | 33 | 30 | |
| Nonoperating income (Investment Income, Nonoperating) | 0 | |||||||
| Interest and debt expense | (2) | (2) | (2) | (2) | (2) | (0) | (0) | |
| Income from continuing operations before equity method investments, income taxes: | 41 | 39 | 36 | 36 | 35 | 33 | 30 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 0 | (0) | 0 | (0) | (0) | (0) | 0 | |
| Income from continuing operations before income taxes: | 41 | 39 | 36 | 36 | 35 | 33 | 30 | |
| Income tax expense | (9) | (9) | (12) | (14) | (13) | (13) | (11) | |
| Net income available to common stockholders, diluted: | 32 | 30 | 25 | 22 | 22 | 20 | 18 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 32 | 30 | 25 | 22 | 22 | 20 | 18 | |
| Comprehensive income: | 32 | 30 | 25 | 22 | 22 | 20 | 18 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | 0 | 0 | (0) | (0) | |||
| Comprehensive income, net of tax, attributable to parent: | 32 | 30 | 25 | 22 | 22 | 20 | 18 | |
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.