10-Q Filing

LL FLOORING HOLDINGS, INC. CIK: 1396033 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-168737`
Period End Date	20130331
Filing Date	20130424
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	ll-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 26 Cash Flow Statement 42 Comprehensive Income 6

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`	$61.44M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.67M	USD	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`	$72.73M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	27.32M	shares	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	1.80M	shares	Point-in-time
Merchandise Inventories	`InventoryNet`	$210.09M	USD	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	1.72M	shares	Point-in-time
Merchandise Inventories	`InventoryNet`	$206.70M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$5.17M	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$6.79M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$12.11M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$8.64M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$298.24M	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`	$47.49M	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`	$1.78M	USD	Point-in-time
Total Assets	`Assets`	$357.20M	USD	Point-in-time
Total Assets	`Assets`	$347.39M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$55.11M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$39.00M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$28.61M	USD	Point-in-time
Customer Deposits and Store Credits	`CustomerDepositsAndStoreCredits`	$25.75M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$7.97M	USD	Point-in-time
Accrued Compensation	`EmployeeRelatedLiabilitiesCurrent`	$6.42M	USD	Point-in-time
Sales and Income Tax Liabilities	`TaxesPayableCurrent`	$8.65M	USD	Point-in-time
Sales and Income Tax Liabilities	`TaxesPayableCurrent`	$4.31M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$11.20M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$7.89M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$93.90M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$101.03M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$3.72M	USD	Point-in-time
Deferred Rent	`DeferredRentCreditNoncurrent`	$3.65M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$8.17M	USD	Point-in-time
Deferred Tax Liability	`DeferredIncomeTaxLiabilities`	$8.18M	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,315,147 and 27,214,144 outstanding, respectively)	`CommonStockValue`	$29.00K	USD	Point-in-time
Common Stock ($0.001 par value; 35,000,000 authorized; 27,315,147 and 27,214,144 outstanding, respectively)	`CommonStockValue`	$29.00K	USD	Point-in-time
Treasury Stock, at cost (1,797,044 and 1,719,706 shares, respectively)	`TreasuryStockValue`	$54.83M	USD	Point-in-time
Treasury Stock, at cost (1,797,044 and 1,719,706 shares, respectively)	`TreasuryStockValue`	$50.55M	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$131.72M	USD	Point-in-time
Additional Capital	`AdditionalPaidInCapitalCommonStock`	$137.41M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$169.05M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$153.27M	USD	Point-in-time
Accumulated Other Comprehensive (Loss) Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-248.00K	USD	Point-in-time
Accumulated Other Comprehensive (Loss) Income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$251.41M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$234.54M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$347.39M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$357.20M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueNet`	$230.42M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$188.03M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$117.90M	USD	1 Quarter
Cost of Sales	`CostOfGoodsAndServicesSold`	$137.42M	USD	1 Quarter
Gross Profit	`GrossProfit`	$70.14M	USD	1 Quarter
Gross Profit	`GrossProfit`	$93.00M	USD	1 Quarter
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$67.59M	USD	1 Quarter
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$56.82M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$13.32M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$25.41M	USD	1 Quarter
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$210.00K	USD	1 Quarter
Other (Income) Expense	`OtherNonoperatingIncomeExpense`	$42.00K	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.36M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$25.62M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$5.16M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$9.84M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$15.78M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.20M	USD	1 Quarter
Net Income per Common Share-Basic	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Net Income per Common Share-Basic	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Net Income per Common Share-Diluted	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.21M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.93M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.51M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.78M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$15.78M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.20M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$2.72M	USD	1 Quarter
Depreciation and Amortization	`DepreciationDepletionAndAmortization`	$2.37M	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$1.11M	USD	1 Quarter
Stock-Based Compensation Expense	`ShareBasedCompensation`	$1.13M	USD	1 Quarter
Merchandise Inventories	`IncreaseDecreaseInInventories`	$3.52M	USD	1 Quarter
Merchandise Inventories	`IncreaseDecreaseInInventories`	$27.74M	USD	1 Quarter
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$13.29M	USD	1 Quarter
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-15.97M	USD	1 Quarter
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$8.09M	USD	1 Quarter
Customer Deposits and Store Credits	`IncreaseDecreaseInCustomerDepositsAndStoreCredits`	$2.87M	USD	1 Quarter
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.06M	USD	1 Quarter
Prepaid Expenses and Other Current Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.95M	USD	1 Quarter
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-8.06M	USD	1 Quarter
Other Assets and Liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-6.12M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$10.34M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$11.06M	USD	1 Quarter
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$2.59M	USD	1 Quarter
Purchases of Property and Equipment	`PaymentsToAcquirePropertyAndEquipment`	$3.18M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.18M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.59M	USD	1 Quarter
Payments for Stock Repurchases	`PaymentsForRepurchaseOfCommonStock`	$9.08M	USD	1 Quarter
Payments for Stock Repurchases	`PaymentsForRepurchaseOfCommonStock`	$4.28M	USD	1 Quarter
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$1.23M	USD	1 Quarter
Proceeds from the Exercise of Stock Options	`ProceedsFromStockOptionsExercised`	$1.28M	USD	1 Quarter
Excess Tax Benefit from Stock-Based Compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$337.00K	USD	1 Quarter
Excess Tax Benefit from Stock-Based Compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.37M	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$369.00K	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.51M	USD	1 Quarter
Effect of Exchange Rates on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-283.00K	USD	1 Quarter
Effect of Exchange Rates on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$110.00K	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.56M	USD	1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-239.00K	USD	1 Quarter
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$61.44M	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`	$64.17M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$72.73M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$61.44M	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`	$64.17M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$72.73M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$15.78M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.20M	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-321.00K	USD	1 Quarter
Foreign Currency Translation Adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$104.00K	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$15.46M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$8.30M	USD	1 Quarter

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