Hooker Furniture Corporation (HOFT) financial statements (2021 and earlier)

Company profile

Business Address 440 E COMMONWEALTH BLVD
MARTINSVILLE, VA 24115
State of Incorp. VA
Fiscal Year End January 31
SIC 251 - Household Furniture (benchmarking)
More info Complete financial analysis Financial benchmarking

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

10/31/2020
TTM
1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 361131405439
Cash and cash equivalents 361131405439
Receivables 8811392932832
Inventory, net of allowances, customer advances and progress billings 9310584754445
Inventory 9310584754445
Deferred tax assets    2
Other undisclosed current assets 565422
Total current assets: 222235213212128120
Noncurrent Assets
Operating lease, right-of-use asset 40
Property, plant and equipment 302929262323
Intangible assets, net (including goodwill) 7376784911
Goodwill 40404023  
Intangible assets, net (excluding goodwill) 3336382611
Deferred income tax assets 3
Other noncurrent assets 112222
Deferred tax assets, net53754
Other undisclosed noncurrent assets 252424222220
Total noncurrent assets: 1721351371075451
TOTAL ASSETS: 394370350319182171
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 355649531618
Accounts payable 25413337910
Accrued liabilities 443322
Employee-related liabilities 589855
Taxes payable  34401
Deferred revenue 3
Debt 6686  
Liability for uncertainty in income taxes      0
Customer advances and deposits 611
Contract with customer, liability3
Other undisclosed current liabilities 6 4  (0)
Total current liabilities: 506460641719
Noncurrent Liabilities
Long-term debt and lease obligation 58304642  
Long-term debt, excluding current maturities 24304642  
Operating lease, liability 34
Liabilities, other than long-term debt 11121415917
Accounts payable and accrued liabilities     00
Deferred compensation liability, classified 1112111188
Liability, pension and other postretirement and postemployment benefits   23 8
Other liabilities  11100
Other undisclosed noncurrent liabilities      (8)
Total noncurrent liabilities: 6942605799
Total liabilities: 1201071201212628
Stockholders' equity
Stockholders' equity attributable to parent 274263229198156143
Common stock 525049401918
Accumulated other comprehensive income (loss) (1)0000(0)
Retained earnings 223213180158137125
Total stockholders' equity: 274263229198156143
TOTAL LIABILITIES AND EQUITY: 394370350319182171

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

10/31/2020
TTM
1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
Revenues 611684621577247244
Revenue, net 577247244
Cost of revenue (0)(0)(486)(451)(178)(182)
Cost of goods and services sold   (486)(451)(178)(182)
Provision for loan, lease, and other losses (0)(0)
Other undisclosed gross profit (496)(536)    
Gross profit: 1141471351266963
Operating expenses (91)(94)(89)(87)(44)(45)
Other undisclosed operating income      1
Operating income: 235345392419
Nonoperating income
(Other Nonoperating income)
 002100
Other undisclosed loss from continuing operations before equity method investments, income taxes (1)(1)(1)(1)  
Income from continuing operations before income taxes: 225246392419
Income tax expense (5)(12)(18)(14)(8)(7)
Net income attributable to parent: 174028251613
Preferred stock dividends and other adjustments (0)(0)(0)(0)(0)(0)
Undistributed earnings (loss) allocated to participating securities, basic (0)(0)(0)
Other undisclosed net loss available to common stockholders, basic    (0)(0)(0)
Net income available to common stockholders, diluted: 174028251613

Comprehensive Income ($ in millions)

10/31/2020
TTM
1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
Net income: 174028251613
Other comprehensive income (loss) (1)(0)(0)0(0)(0)
Comprehensive income: 164028261612
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (0)0  10
Comprehensive income, net of tax, attributable to parent: 164028261712

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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