10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-17-004502 |
| Period End Date | 20170331 |
| Filing Date | 20170525 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | fnd-20170330.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$451.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$361.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$445.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$318.00K | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$33.38M | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$34.53M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Inventories, net |
InventoryNet
|
$316.54M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$293.70M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$9.52M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$7.53M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$336.21M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$359.88M | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$150.47M | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$163.81M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$109.39M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$109.39M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$227.45M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$227.45M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$7.82M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$7.64M | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$494.95M | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$508.47M | USD | Point-in-time |
| Total assets |
Assets
|
$831.17M | USD | Point-in-time |
| Total assets |
Assets
|
$868.35M | USD | Point-in-time |
| Current portion of term loans |
LongTermDebtCurrent
|
$3.50M | USD | Point-in-time |
| Current portion of term loans |
LongTermDebtCurrent
|
$3.50M | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableCurrent
|
$205.94M | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableCurrent
|
$158.47M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$61.51M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$56.36M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$6.49M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$5.79M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$14.46M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$20.93M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$293.21M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$243.71M | USD | Point-in-time |
| Term loans |
LongTermDebtNoncurrent
|
$337.24M | USD | Point-in-time |
| Term loans |
LongTermDebtNoncurrent
|
$336.71M | USD | Point-in-time |
| Revolving line of credit |
LongTermLineOfCredit
|
$14.50M | USD | Point-in-time |
| Revolving line of credit |
LongTermLineOfCredit
|
$50.00M | USD | Point-in-time |
| Deferred rent |
DeferredRentCreditNoncurrent
|
$19.59M | USD | Point-in-time |
| Deferred rent |
DeferredRentCreditNoncurrent
|
$16.75M | USD | Point-in-time |
| Deferred income tax liabilities, net |
DeferredTaxLiabilitiesNoncurrent
|
$28.27M | USD | Point-in-time |
| Deferred income tax liabilities, net |
DeferredTaxLiabilitiesNoncurrent
|
$33.55M | USD | Point-in-time |
| Tenant improvement allowances |
TenantImprovementAllowances
|
$24.06M | USD | Point-in-time |
| Tenant improvement allowances |
TenantImprovementAllowances
|
$20.32M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$625.00K | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$592.00K | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$453.17M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$429.03M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$696.88M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$722.25M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at March 30, 2017 and December 29, 2016 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at March 30, 2017 and December 29, 2016 |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$118.25M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$117.27M | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-106.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss), net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$176.00K | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$27.88M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$16.75M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$146.11M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$134.28M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$831.17M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$868.35M | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$307.30M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$235.30M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$141.40M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$181.82M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$93.90M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$125.47M | USD | 1 Quarter |
| Selling and store operating |
SellingExpense
|
$80.75M | USD | 1 Quarter |
| Selling and store operating |
SellingExpense
|
$62.05M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$17.88M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$14.57M | USD | 1 Quarter |
| Pre-opening |
PreOpeningCosts
|
$3.32M | USD | 1 Quarter |
| Pre-opening |
PreOpeningCosts
|
$4.17M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$102.80M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$79.94M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$13.96M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$22.67M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$2.49M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.41M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$17.26M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$11.48M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$6.13M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$4.38M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$11.13M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.10M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.09 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.13 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.08 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.13 | USD | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$11.13M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$8.93M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.12M | USD | 1 Quarter |
| Loss on asset disposals |
GainLossOnSaleOfPropertyPlantEquipment
|
$-47.00K | USD | 1 Quarter |
| Loss on asset disposals |
GainLossOnSaleOfPropertyPlantEquipment
|
- | USD | 1 Quarter |
| Amortization of tenant improvement allowances |
AmortizationOfTenantImprovementAllowances
|
$755.00K | USD | 1 Quarter |
| Amortization of tenant improvement allowances |
AmortizationOfTenantImprovementAllowances
|
$605.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$132.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$5.45M | USD | 1 Quarter |
| Stock based compensation expense |
ShareBasedCompensation
|
$885.00K | USD | 1 Quarter |
| Stock based compensation expense |
ShareBasedCompensation
|
$755.00K | USD | 1 Quarter |
| Receivables, net |
IncreaseDecreaseInReceivables
|
$-1.15M | USD | 1 Quarter |
| Receivables, net |
IncreaseDecreaseInReceivables
|
$-5.13M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$12.37M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$22.84M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$2.75M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$96.00K | USD | 1 Quarter |
| Trade accounts payable |
IncreaseDecreaseInAccountsPayable
|
$47.47M | USD | 1 Quarter |
| Trade accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.94M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$2.24M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-7.07M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$4.37M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$699.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$6.47M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$3.46M | USD | 1 Quarter |
| Deferred rent |
IncreaseDecreaseInDeferredRent
|
$437.00K | USD | 1 Quarter |
| Deferred rent |
IncreaseDecreaseInDeferredRent
|
$2.79M | USD | 1 Quarter |
| Tenant improvement allowances |
IncreaseDecreaseInTenantImprovementAllowances
|
$517.00K | USD | 1 Quarter |
| Tenant improvement allowances |
IncreaseDecreaseInTenantImprovementAllowances
|
$4.50M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$24.00K | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$26.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$19.21M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$56.07M | USD | 1 Quarter |
| Purchases of fixed assets |
PaymentsToAcquireProductiveAssets
|
$19.80M | USD | 1 Quarter |
| Purchases of fixed assets |
PaymentsToAcquireProductiveAssets
|
$13.91M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-19.80M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-13.91M | USD | 1 Quarter |
| Borrowings on revolving line of credit |
ProceedsFromLongTermLinesOfCredit
|
$25.30M | USD | 1 Quarter |
| Borrowings on revolving line of credit |
ProceedsFromLongTermLinesOfCredit
|
$46.15M | USD | 1 Quarter |
| Payments on revolving line of credit |
RepaymentsOfLongTermLinesOfCredit
|
$51.05M | USD | 1 Quarter |
| Payments on revolving line of credit |
RepaymentsOfLongTermLinesOfCredit
|
$60.80M | USD | 1 Quarter |
| Payments on term loans |
RepaymentsOfSecuredDebt
|
$367.00K | USD | 1 Quarter |
| Payments on term loans |
RepaymentsOfSecuredDebt
|
$875.00K | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$17.00K | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$34.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$96.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-36.28M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-5.25M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-6.00K | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$43.00K | USD | 1 Quarter |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$451.00K | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$361.00K | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$445.00K | USD | Point-in-time |
| Cash and cash equivalents, beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$318.00K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$451.00K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$361.00K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$445.00K | USD | Point-in-time |
| Cash and cash equivalents, end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$318.00K | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$1.75M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
$7.95M | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaid
|
$20.00K | USD | 1 Quarter |
| Fixed assets accrued at the end of the period |
CapitalExpendituresIncurredButNotYetPaid
|
$7.37M | USD | 1 Quarter |
| Fixed assets accrued at the end of the period |
CapitalExpendituresIncurredButNotYetPaid
|
$6.96M | USD | 1 Quarter |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$11.13M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.10M | USD | 1 Quarter |
| Other comprehensive losschange in fair value of hedge instruments, net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
- | USD | 1 Quarter |
| Other comprehensive losschange in fair value of hedge instruments, net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-282.00K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$7.10M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$10.85M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.