Lumber Liquidators Holdings, Inc (LL) financial statements (2021 and earlier)

Company profile

Business Address 4901 BAKERS MILL LANE
RICHMOND, VA 23230
State of Incorp.
Fiscal Year End December 31
SIC 5211 - Lumber and Other Building Materials Dealers (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 investments17091220102720
Cash and cash equivalents17091220102720
Receivables   13120 
Inventory, net of allowances, customer advances and progress billings244286318262302244314
Inventory244286318262302244314
Prepaid expense9869566
Deposits current assets 2222    
Deferred tax assets  621 
Other current assets107955517
Other undisclosed current assets427     
Total current assets:438359366298360323357
Noncurrent Assets
Operating lease, right-of-use asset109 
Property, plant and equipment989994100115122125
Intangible assets, net (including goodwill)10101010101010
Goodwill10101010101010
Intangible assets, net (excluding goodwill) 1    1
Deferred income tax assets12 
Other noncurrent assets8763422
Other undisclosed noncurrent assets 121    (1)
Total noncurrent assets:236237109113128133136
TOTAL ASSETS:674596476411489456493
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities927987841346591
Accounts payable716073681215580
Employee-related liabilities1512912964
Taxes payable6744447
Debt33      
Deferred lease income3  
Liability for uncertainty in income taxes003    
Estimated litigation liability30679837   
Self insurance reserve3322222
Other liabilities26191719202918
Other undisclosed current liabilities55703436313233
Total current liabilities:242238242178187128144
Noncurrent Liabilities
Long-term debt and lease obligation1918265154020 
Long-term debt, excluding current maturities1018265154020 
Operating lease, liability90 
Liabilities, other than long-term debt13142119213117
Deferred revenue and credits56 7
Deferred tax liabilities, net1  1111
Accrued environmental loss contingencies   10   
Off-market lease, unfavorable   33  
Estimated litigation liability   112  
Other liabilities131420  20 
Other undisclosed noncurrent liabilities 101 110  
Total noncurrent liabilities:2041978635715117
Total liabilities:447435328213258179161
Stockholders' equity
Stockholders' equity attributable to parent228161147198231278332
Common stock0000000
Treasury stock, value(143)(142)(142)(141)(139)(139)(139)
Additional paid in capital223219214209203181177
Accumulated other comprehensive loss (2)(1)(1)(1)(2)(1)
Retained earnings1488677131169238294
Total stockholders' equity:228161147198231278332
TOTAL LIABILITIES AND EQUITY:674596476411489456493

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
Revenues1,0981,0931,0851,0299619791,047
Revenue, net1,0851,0299619791,047
Cost of revenue
(Cost of Goods and Services Sold)
(670)(689)(692)(660)(657)(700)(629)
Gross profit:428404393369304279418
Operating expenses(371)(387)(444)(406)(398)(362)(314)
Operating income (loss):5617(51)(37)(94)(83)104
Nonoperating expense
(Other Nonoperating expense)
(3)(4)(3)(2)(1)(0)(0)
Income (loss) from continuing operations before income taxes:5413(53)(39)(94)(83)104
Income tax expense (benefit)8(3)(1)12627(40)
Income (loss) before gain (loss) on sale of properties:6110(54)(38)(69)(56)63
Unusual or infrequent item, or both, net (gain) loss3    
Other undisclosed net loss(3)      
Net income (loss) available to common stockholders, diluted:6110(54)(38)(69)(56)63

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 (loss):6110(54)(38)(69)(56)63
Comprehensive income (loss):6110(54)(38)(69)(56)63
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2(0)(0)00(1)(0)
Comprehensive income (loss), net of tax, attributable to parent:639(55)(38)(68)(57)63

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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