Crown Crafts, Inc. (CRWS) financial statements (2022 and earlier)

Company profile

Business Address 916 SOUTH BURNSIDE AVENUE
GONZALES, LA 70737
State of Incorp. DE
Fiscal Year End March 31
SIC 2211 - Broadwoven Fabric Mills, Cotton (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0526132821432157,8927,574
Cash and cash equivalents2,0526132821432157,8927,574
Receivables1,2237347315223,05169321,471
Inventory, net of allowances, customer advances and progress billings24,46720,33517,73219,53419,78815,82114,785
Inventory24,46720,33517,73219,53419,78815,82114,785
Prepaid expense1,3941,1841,2241,2301,2531,7831,689
Other undisclosed current assets19,77918,60417,07217,25015,44714,921213
Total current assets:48,91541,47037,04138,67939,75441,11045,732
Noncurrent Assets
Operating lease, right-of-use asset2,8384,0684,896
Property, plant and equipment1,3521,4582,0001,9221,778441433
Intangible assets, net (including goodwill)9,89910,28812,70213,55714,3974,2545,008
Goodwill7,1257,1257,1257,1257,1251,1261,126
Intangible assets, net (excluding goodwill)2,7743,1635,5776,4327,2723,1283,882
Deferred income tax assets386706439
Other noncurrent assets89929597120139193
Other undisclosed noncurrent assets   5245321,2401,049
Total noncurrent assets:14,56416,61220,13216,10016,8276,0746,683
TOTAL ASSETS:63,47958,08257,17354,77956,58147,18452,415
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities15,7539,1806,2887,7116,7887,57312,185
Accounts payable7,7735,5392,9724,2013,7665,1494,640
Accrued liabilities1,8786257228051,3335981,448
Employee-related liabilities1,7642,2161,7811,8198427991,988
Taxes payable   7640224806
Interest and dividends payable4,3388008138108078033,303
Deferred revenue26  
Debt 1,964     
Other undisclosed current liabilities1,7901,802191    
Total current liabilities:17,56912,9466,4797,7116,7887,57312,185
Noncurrent Liabilities
Long-term debt and lease obligation1,2742,6417,5374,4869,458  
Long-term debt, excluding current maturities  2,5784,4869,458  
Operating lease, liability1,2742,6414,959
Liabilities, other than long-term debt7346307211,1941,017688211
Liability for uncertainty in income taxes7346307211,1941,017688211
Total noncurrent liabilities:2,0083,2718,2585,68010,475688211
Total liabilities:19,57716,21714,73713,39117,2638,26112,396
Stockholders' equity
Stockholders' equity attributable to parent43,90241,86542,43641,38839,31838,92340,019
Common stock129128126125125124123
Treasury stock, value(15,614)(15,202)(12,408)(12,326)(12,231)(12,175)(11,228)
Additional paid in capital55,65554,74853,61053,25152,87452,22050,723
Retained earnings (accumulated deficit)3,7322,1911,108338(1,450)(1,246)401
Total stockholders' equity:43,90241,86542,43641,38839,31838,92340,019
TOTAL LIABILITIES AND EQUITY:63,47958,08257,17354,77956,58147,18452,415

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

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Revenues87,74979,16473,39676,38170,27065,97884,342
Revenue, net 65,97884,342
Cost of revenue
(Cost of Goods and Services Sold)
(62,999)(55,067)(51,806)(54,074)(50,491)(46,567)(60,529)
Gross profit:24,75024,09721,59022,30719,77919,41123,813
Operating expenses(15,732)(16,452)(13,853)(15,194)(14,272)(10,711)(13,025)
Operating income:9,0187,6457,7377,1135,5078,70010,788
Nonoperating income (expense)55(1)1837616414
Investment income, nonoperating    7913469
Foreign currency transaction gain (loss), before tax    (3)26(62)
Other nonoperating income (expense)55(1)183 47
Interest and debt expense1,985  (325)(162)(68)(58)
Other undisclosed income from continuing operations before equity method investments, income taxes797913    
Income from continuing operations before equity method investments, income taxes:11,1377,7237,7686,7915,4218,79610,744
Other undisclosed loss from continuing operations before income taxes(20)      
Income from continuing operations before income taxes:11,1177,7237,7686,7915,4218,79610,744
Income tax expense(2,506)(1,642)(1,207)(1,772)(2,400)(3,224)(3,915)
Net income available to common stockholders, diluted:8,6116,0816,5615,0193,0215,5726,829

Comprehensive Income ($ in thousands)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Net income:8,6116,0816,5615,0193,0215,5726,829
Comprehensive income, net of tax, attributable to parent:8,6116,0816,5615,0193,0215,5726,829

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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