10-K Filing

LL FLOORING HOLDINGS, INC. CIK: 1396033 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001193125-12-071457`
Period End Date	20111231
Filing Date	20120222
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	ll-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 39 Cash Flow Statement 62 Stockholders Equity 24 Comprehensive Income 7

Balance Sheet 55 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
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.14M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	35.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.67M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.83M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.89M	shares	Point-in-time
Merchandise Inventories	`InventoryNet`	$164.14M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.47M	shares	Point-in-time
Merchandise Inventories	`InventoryNet`	$155.13M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$4.84M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$4.29M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$8.01M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$7.86M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$237.97M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$202.81M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$44.15M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$35.31M	USD	Point-in-time
Goodwill	`Goodwill`	$9.69M	USD	Point-in-time
Goodwill	`Goodwill`	$1.05M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$3.04M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$3.12M	USD	Point-in-time
Total Assets	`Assets`	$242.29M	USD	Point-in-time
Total Assets	`Assets`	$294.85M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$38.16M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$33.74M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$18.12M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$12.04M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$2.51M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$2.46M	USD	Point-in-time
Sales and Income Tax Liabilities	`TaxesPayableCurrent`	$2.86M	USD	Point-in-time
Sales and Income Tax Liabilities	`TaxesPayableCurrent`	$5.09M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$6.84M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$5.58M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$70.72M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$56.69M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$3.33M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$2.75M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$2.35M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$5.72M	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,894,543 and 27,472,680 outstanding, respectively)	`CommonStockValue`	$28.00K	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,894,543 and 27,472,680 outstanding, respectively)	`CommonStockValue`	$27.00K	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$109.05M	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$100.53M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$106.20M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$79.95M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-194.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$215.08M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$148.43M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$114.40M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$180.50M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$242.29M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$294.85M	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueNet`	$681.59M	USD	Annual
Net Sales	`SalesRevenueNet`	$544.57M	USD	Annual
Net Sales	`SalesRevenueNet`	$620.28M	USD	Annual
Cost of Sales	`CostOfGoodsAndServicesSold`	$404.45M	USD	Annual
Cost of Sales	`CostOfGoodsAndServicesSold`	$349.89M	USD	Annual
Cost of Sales	`CostOfGoodsAndServicesSold`	$440.91M	USD	Annual
Gross Profit	`GrossProfit`	$240.68M	USD	Annual
Gross Profit	`GrossProfit`	$194.68M	USD	Annual
Gross Profit	`GrossProfit`	$215.83M	USD	Annual
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$173.67M	USD	Annual
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$151.07M	USD	Annual
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$198.24M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$42.16M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$43.61M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$42.44M	USD	Annual
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$587.00K	USD	Annual
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$498.00K	USD	Annual
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$579.00K	USD	Annual
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$43.02M	USD	Annual
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$44.10M	USD	Annual
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$42.74M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$16.48M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$17.18M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$16.77M	USD	Annual
Net Income	`NetIncomeLoss`	$26.27M	USD	Annual
Net Income	`NetIncomeLoss`	$26.26M	USD	Annual
Net Income	`NetIncomeLoss`	$26.92M	USD	Annual
Net Income per Common Share-Basic	`EarningsPerShareBasic`	$0.96	USD	Annual
Net Income per Common Share-Basic	`EarningsPerShareBasic`	$1.00	USD	Annual
Net Income per Common Share-Basic	`EarningsPerShareBasic`	$0.95	USD	Annual
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.93	USD	Annual
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.97	USD	Annual
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.93	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.71M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	26.98M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.38M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.38M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.68M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.25M	shares	Annual

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$26.27M	USD	Annual
Net Income	`NetIncomeLoss`	$26.26M	USD	Annual
Net Income	`NetIncomeLoss`	$26.92M	USD	Annual
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$5.77M	USD	Annual
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$4.71M	USD	Annual
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$8.33M	USD	Annual
Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$-956.00K	USD	Annual
Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$4.30M	USD	Annual
Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$2.40M	USD	Annual
Stock-Based Compensation Expense	`ShareBasedCompensation`	$2.96M	USD	Annual
Stock-Based Compensation Expense	`ShareBasedCompensation`	$4.00M	USD	Annual
Stock-Based Compensation Expense	`ShareBasedCompensation`	$3.09M	USD	Annual
Merchandise Inventories	`IncreaseDecreaseInInventories`	$21.79M	USD	Annual
Merchandise Inventories	`IncreaseDecreaseInInventories`	$9.20M	USD	Annual
Merchandise Inventories	`IncreaseDecreaseInInventories`	$44.61M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$4.47M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$17.23M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$1.14M	USD	Annual
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$-613.00K	USD	Annual
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$6.10M	USD	Annual
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$2.23M	USD	Annual
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.55M	USD	Annual
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.94M	USD	Annual
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$155.00K	USD	Annual
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.68M	USD	Annual
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.32M	USD	Annual
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$487.00K	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$7.81M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$44.10M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$16.98M	USD	Annual
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$-20.54M	USD	Annual
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$-11.43M	USD	Annual
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$-16.99M	USD	Annual
Cash Paid for Acquisition	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$4.72M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.54M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.71M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.43M	USD	Annual
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$1.80M	USD	Annual
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$3.28M	USD	Annual
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$3.07M	USD	Annual
Excess Tax Benefits on Stock Option Exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.20M	USD	Annual
Excess Tax Benefits on Stock Option Exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.31M	USD	Annual
Excess Tax Benefits on Stock Option Exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.69M	USD	Annual
Common Stock Purchased Pursuant to Equity Compensation Plans	`PaymentsForRepurchaseOfCommonStock`	$249.00K	USD	Annual
Common Stock Purchased Pursuant to Equity Compensation Plans	`PaymentsForRepurchaseOfCommonStock`	$389.00K	USD	Annual
Common Stock Purchased Pursuant to Equity Compensation Plans	`PaymentsForRepurchaseOfCommonStock`	$323.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.71M	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.16M	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.51M	USD	Annual
Effect of Exchange Rates on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-54.00K	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-845.00K	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$536.00K	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$26.84M	USD	Annual
Cash and Cash Equivalents, Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$35.14M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$35.67M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$34.83M	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$35.14M	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$35.67M	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$34.83M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$215.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$148.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$114.40M	USD	Point-in-time
Balance	`StockholdersEquity`	$180.50M	USD	Point-in-time
Stock-Based Compensation Expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	Annual
Stock-Based Compensation Expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.96M	USD	Annual
Stock-Based Compensation Expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.09M	USD	Annual
Exercise of Stock Options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.28M	USD	Annual
Exercise of Stock Options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.07M	USD	Annual
Exercise of Stock Options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.80M	USD	Annual
Excess Tax Benefits on Stock Option Exercises	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$1.31M	USD	Annual
Excess Tax Benefits on Stock Option Exercises	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$1.20M	USD	Annual
Excess Tax Benefits on Stock Option Exercises	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$1.69M	USD	Annual
Common Stock Purchased Pursuant to Equity Compensation Plans	`StockRepurchasedAndRetiredDuringPeriodValue`	$389.00K	USD	Annual
Common Stock Purchased Pursuant to Equity Compensation Plans	`StockRepurchasedAndRetiredDuringPeriodValue`	$323.00K	USD	Annual
Common Stock Purchased Pursuant to Equity Compensation Plans	`StockRepurchasedAndRetiredDuringPeriodValue`	$249.00K	USD	Annual
Translation Adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-194.00K	USD	Annual
Net Income	`NetIncomeLoss`	$26.27M	USD	Annual
Net Income	`NetIncomeLoss`	$26.26M	USD	Annual
Net Income	`NetIncomeLoss`	$26.92M	USD	Annual
Balance	`StockholdersEquity`	$215.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$148.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$114.40M	USD	Point-in-time
Balance	`StockholdersEquity`	$180.50M	USD	Point-in-time

Comprehensive Income 7 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$26.27M	USD	Annual
Net Income	`NetIncomeLoss`	$26.26M	USD	Annual
Net Income	`NetIncomeLoss`	$26.92M	USD	Annual
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-194.00K	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$26.92M	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$26.27M	USD	Annual
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$26.06M	USD	Annual

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