Sleep Number Corporation (SNBR) financial statements (2021 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)
| 12/31/2020 | 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 investments | 4 | 2 | 2 | 4 | 12 | 28 | 122 | ||
| Cash and cash equivalents | 4 | 2 | 2 | 4 | 12 | 21 | 52 | ||
| Short-term investments | 7 | 70 | |||||||
| Receivables | 32 | 20 | 25 | 19 | 20 | 44 | 20 | ||
| Inventory, net of allowances, customer advances and progress billings | 81 | 87 | 85 | 84 | 75 | 87 | 54 | ||
| Inventory | 81 | 87 | 85 | 84 | 75 | 87 | 54 | ||
| Prepaid expense | 21 | 15 | 8 | 18 | 9 | 10 | 18 | ||
| Other current assets | 43 | 36 | 32 | 28 | 23 | 14 | 11 | ||
| Other undisclosed current assets | 16 | 9 | |||||||
| Total current assets: | 182 | 160 | 151 | 152 | 138 | 198 | 233 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 314 | 327 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 175 | 197 | 206 | 209 | 208 | 204 | 165 | ||
| Long-term investments and receivables | 9 | 44 | |||||||
| Long-term investments | 9 | 44 | |||||||
| Intangible assets, net (including goodwill), including: | 73 | 73 | 75 | 78 | 81 | 83 | 16 | ||
| Goodwill | 64 | 64 | 64 | 64 | 64 | 64 | 9 | ||
| Intangible assets, net (excluding goodwill) | 7 | 8 | 10 | 12 | 15 | 18 | 7 | ||
| Other undisclosed intangible assets, net (including goodwill) | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Other noncurrent assets | 56 | 48 | 38 | 30 | 25 | 19 | 12 | ||
| Deferred tax assets, net | ✕ | ✕ | 3 | ||||||
| Other undisclosed noncurrent assets | 5 | 3 | |||||||
| Total noncurrent assets: | 618 | 646 | 319 | 319 | 319 | 315 | 242 | ||
| TOTAL ASSETS: | 800 | 806 | 470 | 472 | 457 | 513 | 474 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 192 | 197 | 191 | 188 | 148 | 129 | 127 | ||
| Accounts payable | 92 | 135 | 145 | 129 | 105 | 104 | 84 | ||
| Employee-related liabilities | 77 | 40 | 28 | 35 | 19 | 16 | 33 | ||
| Taxes payable | 23 | 22 | 18 | 24 | 23 | 10 | 10 | ||
| Debt | 244 | 291 | 200 | 25 | |||||
| Customer advances and deposits | ✕ | ✕ | ✕ | 28 | 26 | 51 | 29 | ||
| Other liabilities | 61 | 53 | 51 | 47 | 36 | 23 | 16 | ||
| Other undisclosed current liabilities | 159 | 54 | 47 | 19 | 15 | 21 | 15 | ||
| Total current liabilities: | 656 | 595 | 489 | 306 | 225 | 225 | 187 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 283 | 298 | |||||||
| Operating lease, liability | 283 | 298 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 85 | 69 | 91 | 76 | 72 | 66 | 30 | ||
| Accounts payable and accrued liabilities | 5 | 3 | |||||||
| Deferred tax liabilities, net | ✕ | ✕ | 5 | 12 | |||||
| Deferred income tax liabilities | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 85 | 69 | 86 | 76 | 72 | 49 | 28 | ||
| Other undisclosed noncurrent liabilities | 4 | ||||||||
| Total noncurrent liabilities: | 368 | 371 | 91 | 76 | 72 | 66 | 30 | ||
| Total liabilities: | 1,024 | 965 | 580 | 383 | 297 | 291 | 217 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (224) | (159) | (110) | 89 | 160 | 222 | 257 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 1 | ||
| Accumulated other comprehensive loss | (0) | (0) | |||||||
| Retained earnings (accumulated deficit) | (224) | (160) | (110) | 89 | 160 | 222 | 256 | ||
| Total stockholders' equity: | (224) | (159) | (110) | 89 | 160 | 222 | 257 | ||
| TOTAL LIABILITIES AND EQUITY: | 800 | 806 | 470 | 472 | 457 | 513 | 474 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,857 | 1,698 | 1,532 | 1,444 | 1,311 | 1,214 | 1,157 | |
| Revenue, net | ✕ | ✕ | ✕ | 1,444 | 1,311 | 1,214 | 1,157 | |
| Cost of revenue | (701) | (646) | (604) | (547) | (501) | (473) | (450) | |
| Gross profit: | 1,156 | 1,052 | 928 | 897 | 810 | 741 | 707 | |
| Operating expenses | (971) | (940) | (836) | (805) | (734) | (666) | (605) | |
| Operating income: | 185 | 112 | 92 | 92 | 77 | 75 | 102 | |
| Nonoperating income (expense) | (6) | (1) | (1) | 0 | 0 | |||
| Interest and debt expense | (12) | (6) | (1) | (1) | (0) | (0) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1 | 1 | 0 | 0 | ||||
| Income from continuing operations before equity method investments, income taxes: | 185 | 101 | 81 | 91 | 76 | 75 | 102 | |
| Other undisclosed income (loss) from continuing operations before income taxes | (9) | 0 | 6 | |||||
| Income from continuing operations before income taxes: | 176 | 101 | 87 | 91 | 76 | 75 | 102 | |
| Income tax expense | (37) | (19) | (17) | (26) | (25) | (25) | (34) | |
| Net income available to common stockholders, diluted: | 139 | 82 | 70 | 65 | 51 | 51 | 68 | |
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: | 139 | 82 | 70 | 65 | 51 | 51 | 68 | |
| Comprehensive income: | 139 | 82 | 70 | 65 | 51 | 51 | 68 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | 0 | (0) | |||||
| Comprehensive income, net of tax, attributable to parent: | 139 | 82 | 70 | 65 | 51 | 51 | 68 | |
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.