Sleep Number Corporation (SNBR) financial statements (2022 and earlier)

Company profile

Business Address 1001 THIRD AVENUE SOUTH
MINNEAPOLIS, MN 55404
State of Incorp. MN
Fiscal Year End December 31
SIC 251 - Household Furniture (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 investments242241228
Cash and cash equivalents242241221
Short-term investments      7
Receivables26322025192044
Inventory, net of allowances, customer advances and progress billings106818785847587
Inventory106818785847587
Prepaid expense192115818910
Other current assets55433632282314
Other undisclosed current assets      16
Total current assets:208182160151152138198
Noncurrent Assets
Operating lease, right-of-use asset371314327
Property, plant and equipment195175197206209208204
Long-term investments and receivables      9
Long-term investments      9
Intangible assets, net (including goodwill), including:70737375788183
Goodwill64646464646464
Intangible assets, net (excluding goodwill)57810121518
Other undisclosed intangible assets, net (including goodwill)1111111
Other noncurrent assets75564838302519
Deferred tax assets, net 3  
Other undisclosed noncurrent assets     5 
Total noncurrent assets:712618646319319319315
TOTAL ASSETS:920800806470472457513
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities236192197191188148129
Accounts payable16392135145129105104
Employee-related liabilities51774028351916
Taxes payable22232218242310
Debt38324429120025  
Self insurance reserve9      
Customer advances and deposits282651
Other liabilities64615351473623
Other undisclosed current liabilities2151595447191521
Total current liabilities:907656595489306225225
Noncurrent Liabilities
Long-term debt and lease obligation336283298    
Operating lease, liability336283298
Liabilities, other than long-term debt102856991767266
Accounts payable and accrued liabilities      5
Deferred tax liabilities, net5  12
Deferred income tax liabilities10 
Other liabilities101856986767249
Other undisclosed noncurrent liabilities  4    
Total noncurrent liabilities:43836837191767266
Total liabilities:1,3441,024965580383297291
Stockholders' equity
Stockholders' equity attributable to parent(425)(224)(159)(110)89160222
Common stock0000000
Additional paid in capital4      
Accumulated other comprehensive loss      (0)
Retained earnings (accumulated deficit)(429)(224)(160)(110)89160222
Total stockholders' equity:(425)(224)(159)(110)89160222
TOTAL LIABILITIES AND EQUITY:920800806470472457513

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
Revenues2,1851,8571,6981,5321,4441,3111,214
Revenue, net1,4441,3111,214
Cost of revenue(866)(701)(646)(604)(547)(501)(473)
Gross profit:1,3191,1561,052928897810741
Operating expenses(1,125)(971)(940)(836)(805)(734)(666)
Operating income:19418511292927775
Nonoperating income (expense)   (6)(1)(1)0
Interest and debt expense  (12)(6)(1)(1)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes    110
Income from continuing operations before equity method investments, income taxes:19418510181917675
Other undisclosed income (loss) from continuing operations before income taxes(6)(9)06   
Income from continuing operations before income taxes:18717610187917675
Income tax expense(34)(37)(19)(17)(26)(25)(25)
Net income available to common stockholders, diluted:1541398270655151

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:1541398270655151
Comprehensive income:1541398270655151
Other undisclosed comprehensive income, net of tax, attributable to parent     00
Comprehensive income, net of tax, attributable to parent:1541398270655151

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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