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10-Q Filing

CONNS INC CIK: 1223389 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001223389-17-000034
Period End Date 20170430
Filing Date 20170606
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance conn-20170430.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $112.82M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $23.57M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.25M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.54M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $110.70M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $160.04M USD Point-in-time
Customer accounts receivable, net of allowances (includes VIE balance of $581,679 and $529,108, respectively) AccountsReceivableNetCurrent $702.16M USD Point-in-time
Customer accounts receivable, net of allowances (includes VIE balance of $581,679 and $529,108, respectively) AccountsReceivableNetCurrent $652.05M USD Point-in-time
Other accounts receivable OtherReceivablesNetCurrent $69.29M USD Point-in-time
Other accounts receivable OtherReceivablesNetCurrent $61.20M USD Point-in-time
Inventories InventoryNet $164.86M USD Point-in-time
Inventories InventoryNet $171.00M USD Point-in-time
Customer accounts receivable, net of allowances (includes VIE balance of $581,679 and $529,108, respectively) AccountsReceivableNetCurrent $702.16M USD Point-in-time
Income taxes recoverable IncomeTaxesReceivable $2.15M USD Point-in-time
Customer accounts receivable, net of allowances (includes VIE balance of $581,679 and $529,108, respectively) AccountsReceivableNetCurrent $652.05M USD Point-in-time
Income taxes recoverable IncomeTaxesReceivable $4.22M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $16.74M USD Point-in-time
Long-term customer accounts receivable, net AccountsReceivableNetNoncurrent $615.90M USD Point-in-time
Long-term customer accounts receivable, net AccountsReceivableNetNoncurrent $593.33M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $14.96M USD Point-in-time
Total current assets AssetsCurrent $1.09B USD Point-in-time
Total current assets AssetsCurrent $1.18B USD Point-in-time
Long-term portion of customer accounts receivable, net of allowances (includes VIE balance of $474,474 and $320,382, respectively) AccountsReceivableNetNoncurrent $615.90M USD Point-in-time
Long-term portion of customer accounts receivable, net of allowances (includes VIE balance of $474,474 and $320,382, respectively) AccountsReceivableNetNoncurrent $593.33M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $159.20M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $158.93M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $71.33M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $71.44M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Other assets OtherAssetsNoncurrent $6.91M USD Point-in-time
Other assets OtherAssetsNoncurrent $8.96M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total assets Assets $2.01B USD Point-in-time
Total assets Assets $1.94B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Current maturities of capital lease obligations LongTermDebtCurrent $849.00K USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Current maturities of capital lease obligations LongTermDebtCurrent $1.19M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Accounts payable AccountsPayableCurrent $101.61M USD Point-in-time
Accounts payable AccountsPayableCurrent $104.92M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 31.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 30.96M shares Point-in-time
Accrued compensation and related expenses EmployeeRelatedLiabilitiesCurrent $8.96M USD Point-in-time
Accrued compensation and related expenses EmployeeRelatedLiabilitiesCurrent $13.32M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $26.46M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $33.97M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $3.32M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $4.21M USD Point-in-time
Deferred revenues and allowances DeferredRevenueCurrent $21.82M USD Point-in-time
Deferred revenues and allowances DeferredRevenueCurrent $21.39M USD Point-in-time
Total current liabilities LiabilitiesCurrent $174.63M USD Point-in-time
Total current liabilities LiabilitiesCurrent $167.38M USD Point-in-time
Deferred Rent Credit, Noncurrent DeferredRentCreditNoncurrent $87.96M USD Point-in-time
Deferred Rent Credit, Noncurrent DeferredRentCreditNoncurrent $86.73M USD Point-in-time
Long-term debt and capital lease obligations (includes VIE balance of $981,836 and $745,581, respectively) LongTermDebtNoncurrent $1.21B USD Point-in-time
Long-term debt and capital lease obligations (includes VIE balance of $981,836 and $745,581, respectively) LongTermDebtNoncurrent $1.14B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $23.61M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $25.75M USD Point-in-time
Total liabilities Liabilities $1.49B USD Point-in-time
Total liabilities Liabilities $1.42B USD Point-in-time
Preferred stock ($0.01 par value, 1,000,000 shares authorized; none issued or outstanding) PreferredStockValue - USD Point-in-time
Preferred stock ($0.01 par value, 1,000,000 shares authorized; none issued or outstanding) PreferredStockValue - USD Point-in-time
Common stock ($0.01 par value, 100,000 shares authorized; 31,004 and 30,962 shares issued, respectively) CommonStockValue $310.00K USD Point-in-time
Common stock ($0.01 par value, 100,000 shares authorized; 31,004 and 30,962 shares issued, respectively) CommonStockValue $310.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $92.11M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $90.28M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $424.62M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $427.20M USD Point-in-time
Total stockholders' equity StockholdersEquity $517.79M USD Point-in-time
Total stockholders' equity StockholdersEquity $517.05M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.94B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $2.01B USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Product sales SalesRevenueGoodsNet $286.49M USD 1 Quarter
Product sales SalesRevenueGoodsNet $251.36M USD 1 Quarter
Repair service agreement commissions SalesRevenueRepairServicesNet $28.18M USD 1 Quarter
Repair service agreement commissions SalesRevenueRepairServicesNet $24.70M USD 1 Quarter
Service revenues SalesRevenueServicesNet $3.87M USD 1 Quarter
Service revenues SalesRevenueServicesNet $3.23M USD 1 Quarter
Total net sales SalesRevenueNet $279.29M USD 1 Quarter
Total net sales SalesRevenueNet $318.54M USD 1 Quarter
Finance charges and other FinancialServicesRevenue $76.54M USD 1 Quarter
Finance charges and other FinancialServicesRevenue $70.57M USD 1 Quarter
Total revenues Revenues $389.11M USD 1 Quarter
Total revenues Revenues $355.83M USD 1 Quarter
Cost of goods sold, including warehousing and occupancy costs CostOfGoodsSold $204.47M USD 1 Quarter
Cost of goods sold, including warehousing and occupancy costs CostOfGoodsSold $171.95M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $113.25M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $106.54M USD 1 Quarter
Provision for bad debts ProvisionForDoubtfulAccounts $58.22M USD 1 Quarter
Provision for bad debts ProvisionForDoubtfulAccounts $55.93M USD 1 Quarter
Other Nonrecurring (Income) Expense OtherNonrecurringIncomeExpense $1.23M USD 1 Quarter
Other Nonrecurring (Income) Expense OtherNonrecurringIncomeExpense $526.00K USD 1 Quarter
Total cost and expenses CostsAndExpenses $376.46M USD 1 Quarter
Total cost and expenses CostsAndExpenses $335.64M USD 1 Quarter
Operating income OperatingIncomeLoss $12.66M USD 1 Quarter
Operating income OperatingIncomeLoss $20.18M USD 1 Quarter
Interest expense InterestExpense $24.01M USD 1 Quarter
Interest expense InterestExpense $25.90M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-349.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-4.17M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-13.24M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $-1.59M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $-3.49M USD 1 Quarter
Net income NetIncomeLoss $-2.58M USD 1 Quarter
Net income NetIncomeLoss $-9.75M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.32 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.08 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.08 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.32 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 30.66M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 30.97M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 30.97M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 30.66M shares 1 Quarter
Cash Flow Statement 80 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $-2.58M USD 1 Quarter
Net income NetIncomeLoss $-9.75M USD 1 Quarter
Depreciation, Depletion and Amortization, Nonproduction DepreciationAndAmortization $7.63M USD 1 Quarter
Depreciation, Depletion and Amortization, Nonproduction DepreciationAndAmortization $6.64M USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $7.73M USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $5.26M USD 1 Quarter
Provision for bad debts and uncollectible interest ProvisionForBadDebtsAndUncollectibleInterest $65.75M USD 1 Quarter
Provision for bad debts and uncollectible interest ProvisionForBadDebtsAndUncollectibleInterest $67.86M USD 1 Quarter
Loss from extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss from extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-349.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.30M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.58M USD 1 Quarter
Charges, net of credits, for facility closures CostsAndImpairmentChargesRelatedToStoreClosings - USD 1 Quarter
Charges, net of credits, for facility closures CostsAndImpairmentChargesRelatedToStoreClosings $323.00K USD 1 Quarter
Benefit for deferred income taxes DeferredIncomeTaxExpenseBenefit $955.00K USD 1 Quarter
Benefit for deferred income taxes DeferredIncomeTaxExpenseBenefit $114.00K USD 1 Quarter
(Gain) loss on sale of property and equipment GainLossOnSaleOfPropertyPlantEquipment $178.00K USD 1 Quarter
(Gain) loss on sale of property and equipment GainLossOnSaleOfPropertyPlantEquipment $235.00K USD 1 Quarter
Payments for (Proceeds from) Tenant Allowance PaymentsForProceedsFromTenantAllowance $-6.97M USD 1 Quarter
Payments for (Proceeds from) Tenant Allowance PaymentsForProceedsFromTenantAllowance $-1.89M USD 1 Quarter
Customer accounts receivable IncreaseDecreaseInAccountsReceivable $16.25M USD 1 Quarter
Customer accounts receivable IncreaseDecreaseInAccountsReceivable $-6.94M USD 1 Quarter
Increase (Decrease) in Other Receivables IncreaseDecreaseInOtherReceivables $-6.30M USD 1 Quarter
Increase (Decrease) in Other Receivables IncreaseDecreaseInOtherReceivables $-11.74M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $6.14M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-20.43M USD 1 Quarter
Increase (Decrease) in Other Operating Assets IncreaseDecreaseInOtherOperatingAssets $-864.00K USD 1 Quarter
Increase (Decrease) in Other Operating Assets IncreaseDecreaseInOtherOperatingAssets $2.10M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $3.43M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $8.72M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $4.36M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $2.59M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-1.18M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-4.44M USD 1 Quarter
Increase (Decrease) in Deferred Revenue and Customer Advances and Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $1.71M USD 1 Quarter
Increase (Decrease) in Deferred Revenue and Customer Advances and Deposits IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits $848.00K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $90.76M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $108.65M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $17.00M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.29M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $696.00K USD 1 Quarter
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-16.30M USD 1 Quarter
Net Cash Provided by (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivities $-4.29M USD 1 Quarter
Proceeds from Issuance of Secured Debt ProceedsFromIssuanceOfSecuredDebt $493.54M USD 1 Quarter
Proceeds from Issuance of Secured Debt ProceedsFromIssuanceOfSecuredDebt $469.81M USD 1 Quarter
Payments on asset-backed notes RepaymentsOfSecuredDebt $232.93M USD 1 Quarter
Payments on asset-backed notes RepaymentsOfSecuredDebt $289.64M USD 1 Quarter
Increase (Decrease) in Restricted Cash IncreaseDecreaseInRestrictedCash $49.34M USD 1 Quarter
Increase (Decrease) in Restricted Cash IncreaseDecreaseInRestrictedCash $40.50M USD 1 Quarter
Borrowings under lines of credit ProceedsFromLongTermLinesOfCredit $265.94M USD 1 Quarter
Borrowings under lines of credit ProceedsFromLongTermLinesOfCredit $170.39M USD 1 Quarter
Payments on lines of credit RepaymentsOfLongTermLinesOfCredit $421.74M USD 1 Quarter
Payments on lines of credit RepaymentsOfLongTermLinesOfCredit $443.44M USD 1 Quarter
Payments of Debt Issuance Costs PaymentsOfDebtIssuanceCosts $5.29M USD 1 Quarter
Payments of Debt Issuance Costs PaymentsOfDebtIssuanceCosts $7.61M USD 1 Quarter
Proceeds from stock issued under employee benefit plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $256.00K USD 1 Quarter
Proceeds from stock issued under employee benefit plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $385.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $83.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-223.00K USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $-93.07M USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $2.77M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $89.25M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-712.00K USD 1 Quarter
Beginning of period CashAndCashEquivalentsAtCarryingValue $112.82M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $23.57M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $12.25M USD Point-in-time
Beginning of period CashAndCashEquivalentsAtCarryingValue $11.54M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $112.82M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $23.57M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $12.25M USD Point-in-time
End of period CashAndCashEquivalentsAtCarryingValue $11.54M USD Point-in-time
Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred $3.20M USD 1 Quarter
Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred - USD 1 Quarter
Capital Expenditures Incurred but Not yet Paid CapitalExpendituresIncurredButNotYetPaid $6.48M USD 1 Quarter
Capital Expenditures Incurred but Not yet Paid CapitalExpendituresIncurredButNotYetPaid $732.00K USD 1 Quarter
Interest Paid InterestPaid $18.45M USD 1 Quarter
Interest Paid InterestPaid $17.80M USD 1 Quarter
Income Taxes Paid, Net IncomeTaxesPaidNet $-529.00K USD 1 Quarter
Income Taxes Paid, Net IncomeTaxesPaidNet $61.00K USD 1 Quarter

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

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