10-Q Filing

LL FLOORING HOLDINGS, INC. CIK: 1396033 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-432281`
Period End Date	20120930
Filing Date	20121024
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	ll-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 52 Cash Flow Statement 45 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`	$61.67M	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
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.82M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.06M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.14M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	53,085.00	shares	Point-in-time
Merchandise Inventories	`InventoryNet`	$194.95M	USD	Point-in-time
Merchandise Inventories	`InventoryNet`	$164.14M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.54M	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$4.29M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$6.35M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$7.86M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$8.02M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$237.97M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$249.39M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$46.39M	USD	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$44.15M	USD	Point-in-time
Goodwill	`Goodwill`	$9.69M	USD	Point-in-time
Goodwill	`Goodwill`	$9.69M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$3.04M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$1.91M	USD	Point-in-time
Total Assets	`Assets`	$294.85M	USD	Point-in-time
Total Assets	`Assets`	$307.38M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$38.16M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$29.97M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$18.12M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$24.07M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$2.51M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$6.83M	USD	Point-in-time
Sales and Income Tax Liabilities	`TaxesPayableCurrent`	$4.39M	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`	$9.77M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$75.03M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$70.72M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$3.60M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$3.33M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$5.72M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$6.15M	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,141,423 and 27,894,543 outstanding, respectively)	`CommonStockValue`	$29.00K	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,141,423 and 27,894,543 outstanding, respectively)	`CommonStockValue`	$28.00K	USD	Point-in-time
Treasury Stock, at cost (1,539,971 and 53,085 shares, respectively)	`TreasuryStockValue`	$1.12M	USD	Point-in-time
Treasury Stock, at cost (1,539,971 and 53,085 shares, respectively)	`TreasuryStockValue`	$41.47M	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$124.35M	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$110.16M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$139.46M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$106.20M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-194.00K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$221.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$222.59M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$215.08M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$294.85M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$307.38M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueNet`	$204.29M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$171.99M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$507.13M	USD	3 Qtrs
Net Sales	`SalesRevenueNet`	$602.67M	USD	3 Qtrs
Cost of Sales	`CostOfGoodsAndServicesSold`	$328.37M	USD	3 Qtrs
Cost of Sales	`CostOfGoodsAndServicesSold`	$110.75M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$126.41M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$376.17M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$77.89M	USD	1 Quarter
Gross Profit	`GrossProfit`	$178.76M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$61.25M	USD	1 Quarter
Gross Profit	`GrossProfit`	$226.50M	USD	3 Qtrs
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$149.83M	USD	3 Qtrs
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$57.13M	USD	1 Quarter
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$172.64M	USD	3 Qtrs
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$50.33M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$20.75M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$28.93M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$10.92M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$53.87M	USD	3 Qtrs
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$303.00K	USD	3 Qtrs
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$26.00K	USD	1 Quarter
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$148.00K	USD	1 Quarter
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$99.00K	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.07M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$53.96M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.24M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.78M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$4.33M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$20.71M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$11.44M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$7.89M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$17.80M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$33.26M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$6.74M	USD	1 Quarter
Net Income per Common Share-Basic	`EarningsPerShareBasic`	$0.24	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-Basic	`EarningsPerShareBasic`	$0.64	USD	3 Qtrs
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.63	USD	3 Qtrs
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.24	USD	1 Quarter
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$1.18	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.67M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.76M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.52M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.13M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.38M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.09M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.74M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.33M	shares	1 Quarter

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$17.80M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$33.26M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$6.74M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$7.32M	USD	3 Qtrs
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$6.13M	USD	3 Qtrs
Stock-Based Compensation Expense	`ShareBasedCompensation`	$3.00M	USD	3 Qtrs
Stock-Based Compensation Expense	`ShareBasedCompensation`	$3.02M	USD	3 Qtrs
Merchandise Inventories	`IncreaseDecreaseInInventories`	$5.79M	USD	3 Qtrs
Merchandise Inventories	`IncreaseDecreaseInInventories`	$30.96M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-14.18M	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-8.21M	USD	3 Qtrs
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$6.97M	USD	3 Qtrs
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$5.97M	USD	3 Qtrs
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.43M	USD	3 Qtrs
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.87M	USD	3 Qtrs
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-8.97M	USD	3 Qtrs
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.96M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$16.02M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$16.94M	USD	3 Qtrs
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$9.57M	USD	3 Qtrs
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$11.64M	USD	3 Qtrs
Cash Paid for Acquisition	`PaymentsToAcquireBusinessesAndInterestInAffiliates`	$4.72M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.57M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.36M	USD	3 Qtrs
Payments for Share Repurchases	`PaymentsForRepurchaseOfCommonStock`	$151.00K	USD	3 Qtrs
Payments for Share Repurchases	`PaymentsForRepurchaseOfCommonStock`	$40.35M	USD	3 Qtrs
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$8.03M	USD	3 Qtrs
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$2.12M	USD	3 Qtrs
Excess Tax Benefits on Stock Option Exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.42M	USD	3 Qtrs
Excess Tax Benefits on Stock Option Exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.14M	USD	3 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.18M	USD	3 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$3.39M	USD	3 Qtrs
Effect of Exchange Rates on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-54.00K	USD	3 Qtrs
Effect of Exchange Rates on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$201.00K	USD	3 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.99M	USD	3 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-21.61M	USD	3 Qtrs
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$34.83M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$37.82M	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`	$61.67M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$34.83M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$37.82M	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`	$17.80M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$33.26M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$12.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$6.74M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$358.00K	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-277.00K	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$415.00K	USD	3 Qtrs
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-300.00K	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$6.46M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$13.24M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$33.67M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$17.50M	USD	3 Qtrs

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