Haverty Furniture Companies, Inc. (HVT) financial statements (2022 and earlier)

Company profile

Business Address 780 JOHNSON FERRY ROAD
ATLANTA, GA 30342
State of Incorp. MD
Fiscal Year End December 31
SIC 5712 - Furniture Stores (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1662007672796371
Cash and cash equivalents1662007672796371
Restricted cash and investments7 78888
Receivables  22246
Inventory, net of allowances, customer advances and progress billings11290105106103102109
Inventory11290105106103102109
Prepaid expense1210881196
Other current assets121086686
Other undisclosed current assets 7    13
Total current assets:309316205202211194219
Noncurrent Assets
Operating lease, right-of-use asset222229175
Property, plant and equipment126108157217229234229
Long-term investments and receivables  00001
Accounts and financing receivable, after allowance for credit loss  00001
Deferred income tax assets161613
Other noncurrent assets1211109985
Deferred tax assets, net   17
Other undisclosed noncurrent assets   131218 
Total noncurrent assets:377364356238251260253
TOTAL ASSETS:686680560440461455471
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities78856760586870
Accounts payable31312820212628
Accrued liabilities47534040384242
Employee-related liabilities00     
Deferred revenue998630
Debt  29   3
Customer advances and deposits282521
Contract with customer, liability24
Other undisclosed current liabilities3333 443 
Total current liabilities:21020412788909694
Noncurrent Liabilities
Long-term debt and lease obligation19720015047515250
Capital lease obligations47515250
Operating lease, liability197200150
Liabilities, other than long-term debt23232331272525
Other liabilities23232331272525
Total noncurrent liabilities:22022317377787776
Total liabilities:430427300166167173170
Stockholders' equity
Stockholders' equity attributable to parent, including:256253261275294282302
Treasury stock, value(219)(178)(158)(129)(111)(111)(90)
Additional paid in capital103979391898683
Accumulated other comprehensive loss(2)(3)(2)(1)(2)(2)(2)
Retained earnings343305296282287278280
Other undisclosed stockholders' equity attributable to parent32323131313131
Total stockholders' equity:256253261275294282302
TOTAL LIABILITIES AND EQUITY:686680560440461455471

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,013748802818820822805
Revenue, net820822805
Cost of revenue
(Cost of Goods and Services Sold)
(438)(329)(368)(371)(375)  
Other undisclosed gross profit     (378)(374)
Gross profit:575419434447445443431
Operating expenses(456)(342)(407)(405)(400)(399)(385)
Other operating income, net     4 
Operating income:118772742454946
Interest and debt expense(0)(0)(0)(2)(3)(3)(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 1211(0)2
Income from continuing operations before equity method investments, income taxes:118772940434645
Other undisclosed income from continuing operations before income taxes0      
Income from continuing operations before income taxes:119772940434645
Income tax expense(28)(18)(7)(10)(22)(17)(17)
Net income available to common stockholders, diluted:91592230212828

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:91592230212828
Other comprehensive income (loss)(0)0(1)1(0)00
Comprehensive income:91592131212828
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(1)     
Comprehensive income, net of tax, attributable to parent:91592131212828

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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