Haverty Furniture Companies, Inc. (HVT) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments200767279637165
Cash and cash equivalents200767279637165
Restricted cash and investments 78888 
Receivables 222467
Inventory, net of allowances, customer advances and progress billings90105106103102109107
Inventory90105106103102109107
Prepaid expense108811966
Deferred tax assets    (6)
Other current assets10866868
Other undisclosed current assets7    1321
Total current assets:316205202211194219209
Noncurrent Assets
Operating lease, right-of-use asset229175
Property, plant and equipment108157217229234229225
Long-term investments and receivables 000011
Accounts and financing receivable, after allowance for credit loss 000011
Deferred income tax assets1613
Other noncurrent assets111099858
Deferred tax assets, net   1718
Other undisclosed noncurrent assets  131218  
Total noncurrent assets:364356238251260253252
TOTAL ASSETS:680560440461455471461
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities85676058687073
Accounts payable31282021262824
Accrued liabilities53404038424240
Employee-related liabilities0      
Taxes payable      9
Deferred revenue8630
Debt 29   32
Self insurance reserve      6
Deferred tax liabilities    6
Customer advances and deposits282521 
Contract with customer, liability24
Other undisclosed current liabilities33 443 8
Total current liabilities:2041278890969496
Noncurrent Liabilities
Long-term debt and lease obligation2001504751525047
Capital lease obligations4751525047
Operating lease, liability200150
Liabilities, other than long-term debt23233127252563
Deferred revenue and credits   12
Deferred tax liabilities, net    21
Other liabilities23233127252526
Self insurance reserve      3
Other undisclosed noncurrent liabilities      (37)
Total noncurrent liabilities:2231737778777673
Total liabilities:427300166167173170169
Stockholders' equity
Stockholders' equity attributable to parent, including:253261275294282302292
Treasury stock, value(178)(158)(129)(111)(111)(90)(76)
Additional paid in capital97939189868380
Accumulated other comprehensive loss(3)(2)(1)(2)(2)(2)(2)
Retained earnings305296282287278280260
Other undisclosed stockholders' equity attributable to parent32313131313131
Total stockholders' equity:253261275294282302292
TOTAL LIABILITIES AND EQUITY:680560440461455471461

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues748802818820822805768
Revenue, net820822805768
Cost of revenue
(Cost of Goods and Services Sold)
(329)(368)(371)(375)   
Other undisclosed gross profit    (378)(374)(356)
Gross profit:419434447445443431412
Operating expenses(342)(407)(405)(400)(399)(385)(365)
Other operating income, net    4  
Operating income:77274245494647
Interest and debt expense(0)(0)(2)(3)(3)(3)(1)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes1211(0)2(21)
Income from continuing operations before income taxes:77294043464525
Income tax expense(18)(7)(10)(22)(17)(17)(17)
Net income available to common stockholders, diluted:5922302128289

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:5922302128289
Other comprehensive income (loss)0(1)1(0)0013
Comprehensive income:59213121282822
Other undisclosed comprehensive loss, net of tax, attributable to parent(1)      
Comprehensive income, net of tax, attributable to parent:59213121282822

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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