Wet Seal Inc (WTSL) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
26972 BURBANK FOOTHILL RANCH, CA 92610 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| Industry (SIC) | 5621 - Women's Clothing Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 1/31/2014 | 1/31/2013 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments, including: | 109,973 | |||
| Cash and cash equivalent | 42,279 | |||
| Short-term investments | 67,694 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | ||||
| Inventory, net of allowances, customer advances and progress billings | (3,900) | |||
| Inventory | (3,900) | |||
| Prepaid expense | ✕ | |||
| Other current assets | ✕ | |||
| Prepaid expense and other current assets | ✕ | 13,443 | ||
| Income taxes receivable | 286 | |||
| Other undisclosed current assets | 39,426 | |||
| Total current assets: | 159,228 | |||
| Noncurrent Assets | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 64,225 | |||
| Other noncurrent assets | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | 3,053 | ||
| Other undisclosed noncurrent assets | (64,225) | |||
| Total noncurrent assets: | 3,053 | |||
| Other undisclosed assets | 64,225 | |||
| TOTAL ASSETS: | 226,506 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 33,895 | |||
| Taxes payable | 1,965 | |||
| Employee-related liabilities | 5,583 | |||
| Accrued liabilities | 26,347 | |||
| Deferred revenue and credits | 2,289 | |||
| Other undisclosed current liabilities | 27,546 | |||
| Total current liabilities: | 63,730 | |||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 34,044 | |||
| Deferred revenue and credits | 32,136 | |||
| Other liabilities | 1,908 | |||
| Total noncurrent liabilities: | 34,044 | |||
| Total liabilities: | 97,774 | |||
| Equity | ||||
| Equity, attributable to parent, including: | 128,732 | |||
| Treasury stock, value | (412) | |||
| Additional paid in capital | 239,698 | |||
| Accumulated other comprehensive loss | (127) | |||
| Accumulated deficit | (119,481) | |||
| Other undisclosed equity, attributable to parent | 9,054 | |||
| Total equity: | 128,732 | |||
| TOTAL LIABILITIES AND EQUITY: | 226,506 | |||
Income Statement (P&L) ($ in thousands)
| 1/31/2014 | 1/31/2013 | ||
|---|---|---|---|
| Revenues (Revenue, Net) | 580,397 | ||
| Cost of revenue (Cost of Product and Service Sold) | (439,896) | ||
| Gross profit: | 140,501 | ||
| Operating expenses | (211,864) | ||
| Other undisclosed operating income | 1,074 | ||
| Operating loss: | (70,289) | ||
| Nonoperating income (Investment Income, Nonoperating) | 142 | ||
| Interest and debt expense | (181) | ||
| Loss from continuing operations before income taxes: | (70,328) | ||
| Income tax expense | (42,903) | ||
| Loss from continuing operations: | (113,231) | ||
| Loss before gain (loss) on sale of properties: | (113,231) | ||
| Net loss available to common stockholders, diluted: | (113,231) | ||
Comprehensive Income ($ in thousands)
| 1/31/2014 | 1/31/2013 | ||
|---|---|---|---|
| Net loss: | (113,231) | ||
| Comprehensive loss: | (113,231) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (123) | ||
| Comprehensive loss, net of tax, attributable to parent: | (113,354) | ||
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.