SpartanNash Company (SPTN) financial statements (2022 and earlier)
Company profile
| Business Address |
850 76TH ST SW GRAND RAPIDS, MI 49518 |
| State of Incorp. | MI |
| Fiscal Year End | December 31 |
| SIC | 5141 - Groceries, General Line (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 investments | 11 | 20 | 24 | 19 | 16 | 24 | 23 | ||
| Cash and cash equivalents | 11 | 20 | 24 | 19 | 16 | 24 | 23 | ||
| Receivables | 362 | 358 | 345 | 346 | 344 | 292 | 317 | ||
| Inventory, net of allowances, customer advances and progress billings | 522 | 542 | 537 | 554 | 597 | 540 | 521 | ||
| Inventory | 522 | 542 | 537 | 554 | 597 | 540 | 521 | ||
| Disposal group, including discontinued operation | 23 | 31 | 9 | 1 | |||||
| Other undisclosed current assets | 63 | 72 | 59 | 74 | 47 | 37 | 23 | ||
| Total current assets: | 957 | 1,015 | 997 | 1,001 | 1,004 | 893 | 884 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 283 | 289 | 269 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 577 | 577 | 616 | 579 | 600 | 560 | 584 | ||
| Intangible assets, net (including goodwill) | 292 | 297 | 311 | 308 | 313 | 323 | 323 | ||
| Goodwill | 181 | 181 | 181 | 179 | 179 | 323 | 323 | ||
| Intangible assets, net (excluding goodwill) | 111 | 116 | 130 | 129 | 134 | ||||
| Other noncurrent assets | 97 | 99 | 83 | 84 | 138 | 154 | 135 | ||
| Total noncurrent assets: | 1,250 | 1,263 | 1,279 | 971 | 1,052 | 1,037 | 1,042 | ||
| TOTAL ASSETS: | 2,207 | 2,277 | 2,276 | 1,972 | 2,056 | 1,930 | 1,925 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 602 | 639 | 516 | 458 | 485 | 489 | 468 | ||
| Accounts payable | 447 | 465 | 405 | 358 | 377 | 372 | 354 | ||
| Accrued liabilities | 68 | 60 | 51 | 43 | 43 | 41 | 43 | ||
| Employee-related liabilities | 86 | 114 | 60 | 57 | 65 | 75 | 72 | ||
| Debt | 6 | 5 | 6 | 18 | 9 | 17 | 19 | ||
| Self insurance reserve | 12 | 10 | 11 | ||||||
| Other undisclosed current liabilities | 36 | 36 | 32 | ||||||
| Total current liabilities: | 656 | 690 | 565 | 476 | 495 | 506 | 487 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 310 | 481 | 682 | 680 | 741 | 414 | 476 | ||
| Long-term debt, excluding current maturities | 6 | 7 | 9 | 4 | 713 | 391 | 436 | ||
| Finance lease, liability | 38 | 40 | 41 | ✕ | ✕ | ✕ | ✕ | ||
| Capital lease obligations | ✕ | ✕ | ✕ | 33 | 37 | 42 | 51 | ||
| Operating lease, liability | 267 | 279 | 267 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 156 | 366 | 643 | (9) | (20) | (12) | |||
| Liabilities, other than long-term debt | 109 | 99 | 36 | 100 | 99 | 185 | 171 | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 49 | 42 | 123 | 117 | ||
| Deferred income tax liabilities | 64 | 46 | ✕ | ✕ | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 15 | 16 | 16 | 16 | |||||
| Other liabilities | 38 | 47 | 30 | 35 | 41 | 46 | 39 | ||
| Self insurance reserve | 8 | 7 | 6 | ||||||
| Other undisclosed noncurrent liabilities | 348 | 272 | 304 | ||||||
| Total noncurrent liabilities: | 768 | 853 | 1,023 | 780 | 839 | 599 | 647 | ||
| Total liabilities: | 1,424 | 1,542 | 1,588 | 1,256 | 1,334 | 1,105 | 1,135 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 783 | 735 | 688 | 716 | 722 | 825 | 791 | ||
| Common stock | 494 | 492 | 490 | 484 | 497 | 522 | 522 | ||
| Accumulated other comprehensive loss | (1) | (2) | (2) | (16) | (15) | (11) | (11) | ||
| Retained earnings | 291 | 246 | 199 | 248 | 240 | 315 | 281 | ||
| Total stockholders' equity: | 783 | 735 | 688 | 716 | 722 | 825 | 791 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,207 | 2,277 | 2,276 | 1,972 | 2,056 | 1,930 | 1,925 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,931 | 9,348 | 8,536 | 8,065 | 8,128 | 7,735 | 7,652 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 8,128 | 7,735 | 7,652 | |
| Cost of revenue | (7,527) | (7,924) | (7,292) | (6,954) | (6,983) | (6,623) | (6,536) | |
| Gross profit: | 1,404 | 1,425 | 1,244 | 1,110 | 1,145 | 1,111 | 1,116 | |
| Operating expenses | (1,292) | (1,323) | (1,187) | (1,040) | (1,251) | (1,003) | (993) | |
| Operating income (loss): | 112 | 102 | 57 | 71 | (106) | 109 | 123 | |
| Nonoperating expense | (14) | (17) | (53) | (30) | (25) | (19) | (23) | |
| Interest and debt expense | (14) | (18) | (0) | (30) | (0) | (0) | (1) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 30 | 0 | 0 | 1 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 85 | 67 | 3 | 41 | (132) | 90 | 100 | |
| Other undisclosed income from continuing operations before income taxes | 14 | 18 | 0 | |||||
| Income (loss) from continuing operations before income taxes: | 99 | 85 | 4 | 41 | (132) | 90 | 100 | |
| Income tax expense (benefit) | (25) | (9) | 2 | (7) | 79 | (33) | (37) | |
| Income (loss) from continuing operations: | 74 | 76 | 6 | 34 | (53) | 57 | 63 | |
| Loss from discontinued operations | (0) | (0) | (0) | (0) | (0) | |||
| Net income (loss) available to common stockholders, diluted: | 74 | 76 | 6 | 34 | (53) | 57 | 63 | |
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 (loss): | 74 | 76 | 6 | 34 | (53) | 57 | 63 | |
| Other comprehensive income (loss) | 1 | (1) | 19 | (1) | (2) | 0 | 0 | |
| Comprehensive income (loss): | 75 | 75 | 24 | 33 | (54) | 57 | 63 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | 0 | (5) | 0 | 1 | (0) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 75 | 75 | 20 | 33 | (54) | 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.