10-Q Filing

LL FLOORING HOLDINGS, INC. CIK: 1396033 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001144204-13-056356`
Period End Date	20130930
Filing Date	20131023
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	ll-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 52 Cash Flow Statement 44 Comprehensive Income 12

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.17M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	27.21M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.19M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	27.61M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.06M	USD	Point-in-time
Merchandise Inventories	`InventoryNet`	$206.70M	USD	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	1.72M	shares	Point-in-time
Merchandise Inventories	`InventoryNet`	$237.29M	USD	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	2.03M	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$5.71M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$5.17M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$12.11M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$15.11M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$342.31M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$288.14M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$47.76M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$56.71M	USD	Point-in-time
Goodwill	`Goodwill`	$9.69M	USD	Point-in-time
Goodwill	`Goodwill`	$9.69M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$1.78M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$1.73M	USD	Point-in-time
Total Assets	`Assets`	$347.39M	USD	Point-in-time
Total Assets	`Assets`	$410.45M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$37.69M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$55.11M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$25.75M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$32.49M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$7.97M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$10.72M	USD	Point-in-time
Sales and Income Tax Liabilities	`TaxesPayableCurrent`	$4.31M	USD	Point-in-time
Sales and Income Tax Liabilities	`TaxesPayableCurrent`	$5.04M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$7.89M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$16.82M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$101.03M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$102.76M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$3.65M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$3.82M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$8.17M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$8.52M	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,609,809 and 27,214,144 outstanding, respectively)	`CommonStockValue`	$30.00K	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,609,809 and 27,214,144 outstanding, respectively)	`CommonStockValue`	$29.00K	USD	Point-in-time
Treasury Stock, at cost (2,034,911 and 1,719,706 shares, respectively)	`TreasuryStockValue`	$50.55M	USD	Point-in-time
Treasury Stock, at cost (2,034,911 and 1,719,706 shares, respectively)	`TreasuryStockValue`	$75.16M	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$160.96M	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$131.72M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$153.27M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$209.87M	USD	Point-in-time
Accumulated Other Comprehensive (Loss) Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Accumulated Other Comprehensive (Loss) Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-352.00K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$234.54M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$295.34M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$410.45M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$347.39M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueNet`	$254.28M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$602.67M	USD	3 Qtrs
Net Sales	`SalesRevenueNet`	$741.81M	USD	3 Qtrs
Net Sales	`SalesRevenueNet`	$204.29M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$376.17M	USD	3 Qtrs
Cost of Sales	`CostOfGoodsAndServicesSold`	$147.90M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$436.36M	USD	3 Qtrs
Cost of Sales	`CostOfGoodsAndServicesSold`	$126.41M	USD	1 Quarter
Gross Profit	`GrossProfit`	$226.50M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$77.89M	USD	1 Quarter
Gross Profit	`GrossProfit`	$106.38M	USD	1 Quarter
Gross Profit	`GrossProfit`	$305.45M	USD	3 Qtrs
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$213.69M	USD	3 Qtrs
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$172.64M	USD	3 Qtrs
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$73.11M	USD	1 Quarter
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$57.13M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$33.27M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$20.75M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$91.76M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$53.87M	USD	3 Qtrs
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$64.00K	USD	1 Quarter
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$99.00K	USD	3 Qtrs
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$26.00K	USD	1 Quarter
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$425.00K	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$92.19M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.78M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$53.96M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.33M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$35.59M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$12.93M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$7.89M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$20.71M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$20.40M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$33.26M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$56.60M	USD	3 Qtrs
Net Income per Common Share?Basic	`EarningsPerShareBasic`	$2.06	USD	3 Qtrs
Net Income per Common Share?Basic	`EarningsPerShareBasic`	$0.74	USD	1 Quarter
Net Income per Common Share?Basic	`EarningsPerShareBasic`	$1.21	USD	3 Qtrs
Net Income per Common Share?Basic	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Net Income per Common Share?Diluted	`EarningsPerShareDiluted`	$1.18	USD	3 Qtrs
Net Income per Common Share?Diluted	`EarningsPerShareDiluted`	$2.03	USD	3 Qtrs
Net Income per Common Share?Diluted	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Net Income per Common Share?Diluted	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.52M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.13M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.59M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.45M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.09M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.74M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.91M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.95M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$20.40M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$33.26M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$56.60M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$7.32M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$8.50M	USD	3 Qtrs
Stock-Based Compensation Expense	`ShareBasedCompensation`	$3.02M	USD	3 Qtrs
Stock-Based Compensation Expense	`ShareBasedCompensation`	$4.17M	USD	3 Qtrs
Merchandise Inventories	`IncreaseDecreaseInInventories`	$30.70M	USD	3 Qtrs
Merchandise Inventories	`IncreaseDecreaseInInventories`	$30.96M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-17.62M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-8.21M	USD	3 Qtrs
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$5.97M	USD	3 Qtrs
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$6.75M	USD	3 Qtrs
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.99M	USD	3 Qtrs
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.43M	USD	3 Qtrs
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-8.97M	USD	3 Qtrs
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-12.99M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$16.94M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$36.70M	USD	3 Qtrs
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$9.57M	USD	3 Qtrs
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$17.26M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.26M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.57M	USD	3 Qtrs
Payments for Share Repurchases	`PaymentsForRepurchaseOfCommonStock`	$40.35M	USD	3 Qtrs
Payments for Share Repurchases	`PaymentsForRepurchaseOfCommonStock`	$24.61M	USD	3 Qtrs
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$9.80M	USD	3 Qtrs
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$8.03M	USD	3 Qtrs
Excess Tax Benefit from Stock-Based Compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.14M	USD	3 Qtrs
Excess Tax Benefit from Stock-Based Compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$15.71M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$898.00K	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.18M	USD	3 Qtrs
Effect of Exchange Rates on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$201.00K	USD	3 Qtrs
Effect of Exchange Rates on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-312.00K	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-21.61M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.03M	USD	3 Qtrs
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$64.17M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$84.19M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$40.06M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$64.17M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$84.19M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$40.06M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$20.40M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$33.26M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$56.60M	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$415.00K	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-425.00K	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$358.00K	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$268.00K	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$56.17M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$20.67M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$33.67M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$13.24M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.