10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-21-005751 |
| Period End Date | 20210331 |
| Filing Date | 20210505 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | ll-20210331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 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 |
| Common Stock, shares, issued |
CommonStockSharesIssued
|
30.23M | shares | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$169.94M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$208.86M | USD | Point-in-time |
| Common Stock, shares, issued |
CommonStockSharesIssued
|
30.40M | shares | Point-in-time |
| Common Stock, shares outstanding |
CommonStockSharesOutstanding
|
28.91M | shares | Point-in-time |
| Merchandise Inventories |
InventoryNet
|
$225.40M | USD | Point-in-time |
| Merchandise Inventories |
InventoryNet
|
$244.41M | USD | Point-in-time |
| Common Stock, shares outstanding |
CommonStockSharesOutstanding
|
29.02M | shares | Point-in-time |
| Treasury Stock, shares |
TreasuryStockShares
|
1.32M | shares | Point-in-time |
| Prepaid Expenses |
PrepaidExpenseCurrent
|
$9.66M | USD | Point-in-time |
| Treasury Stock, shares |
TreasuryStockShares
|
1.37M | shares | Point-in-time |
| Prepaid Expenses |
PrepaidExpenseCurrent
|
$9.37M | USD | Point-in-time |
| Tariff Recovery Receivable |
AccountsAndOtherReceivablesNetCurrent
|
$1.07M | USD | Point-in-time |
| Tariff Recovery Receivable |
AccountsAndOtherReceivablesNetCurrent
|
$4.08M | USD | Point-in-time |
| Other Current Assets |
OtherAssetsCurrent
|
$10.35M | USD | Point-in-time |
| Other Current Assets |
OtherAssetsCurrent
|
$9.35M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$438.15M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$454.35M | USD | Point-in-time |
| Property and Equipment, net |
PropertyPlantAndEquipmentNet
|
$97.56M | USD | Point-in-time |
| Property and Equipment, net |
PropertyPlantAndEquipmentNet
|
$95.68M | USD | Point-in-time |
| Operating Lease Right-of-Use Assets |
OperatingLeaseRightOfUseAsset
|
$109.47M | USD | Point-in-time |
| Operating Lease Right-of-Use Assets |
OperatingLeaseRightOfUseAsset
|
$111.78M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.69M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.69M | USD | Point-in-time |
| Deferred Tax Asset |
DeferredIncomeTaxAssetsNet
|
$11.61M | USD | Point-in-time |
| Deferred Tax Asset |
DeferredIncomeTaxAssetsNet
|
$11.58M | USD | Point-in-time |
| Other Assets |
OtherAssetsNoncurrent
|
$7.86M | USD | Point-in-time |
| Other Assets |
OtherAssetsNoncurrent
|
$8.23M | USD | Point-in-time |
| Total Assets |
Assets
|
$674.35M | USD | Point-in-time |
| Total Assets |
Assets
|
$691.30M | USD | Point-in-time |
| Accounts Payable |
AccountsPayableCurrent
|
$75.10M | USD | Point-in-time |
| Accounts Payable |
AccountsPayableCurrent
|
$70.54M | USD | Point-in-time |
| Customer Deposits and Store Credits |
CustomerDepositsAndStoreCredits
|
$61.39M | USD | Point-in-time |
| Customer Deposits and Store Credits |
CustomerDepositsAndStoreCredits
|
$68.21M | USD | Point-in-time |
| Accrued Compensation |
EmployeeRelatedLiabilitiesCurrent
|
$8.59M | USD | Point-in-time |
| Accrued Compensation |
EmployeeRelatedLiabilitiesCurrent
|
$15.35M | USD | Point-in-time |
| Sales and Income Tax Liabilities |
TaxesPayableCurrent
|
$6.24M | USD | Point-in-time |
| Sales and Income Tax Liabilities |
TaxesPayableCurrent
|
$5.79M | USD | Point-in-time |
| Accrual for Legal Matters and Settlements - Current |
LitigationReserveCurrent
|
$36.59M | USD | Point-in-time |
| Accrual for Legal Matters and Settlements - Current |
LitigationReserveCurrent
|
$67.47M | USD | Point-in-time |
| Accrual for Legal Matters and Settlements - Current |
LitigationReserveCurrent
|
$67.47M | USD | Point-in-time |
| Accrual for Legal Matters and Settlements - Current |
LitigationReserveCurrent
|
$30.40M | USD | Point-in-time |
| Operating Lease Liabilities - Current |
OperatingLeaseLiabilityCurrent
|
$33.02M | USD | Point-in-time |
| Operating Lease Liabilities - Current |
OperatingLeaseLiabilityCurrent
|
$32.01M | USD | Point-in-time |
| Other Current Liabilities |
OtherLiabilitiesCurrent
|
$26.45M | USD | Point-in-time |
| Other Current Liabilities |
OtherLiabilitiesCurrent
|
$25.76M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$242.25M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$253.19M | USD | Point-in-time |
| Other Long-Term Liabilities |
OtherLiabilitiesNoncurrent
|
$13.29M | USD | Point-in-time |
| Other Long-Term Liabilities |
OtherLiabilitiesNoncurrent
|
$6.83M | USD | Point-in-time |
| Operating Lease Liabilities - Long-Term |
OperatingLeaseLiabilityNoncurrent
|
$92.16M | USD | Point-in-time |
| Operating Lease Liabilities - Long-Term |
OperatingLeaseLiabilityNoncurrent
|
$90.19M | USD | Point-in-time |
| Credit Agreement |
LongTermLineOfCredit
|
$101.00M | USD | Point-in-time |
| Credit Agreement |
LongTermLineOfCredit
|
$101.00M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$446.74M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$453.18M | USD | Point-in-time |
| Common Stock ($0.001 par value; 35,000 shares authorized; 30,398 and 30,229 shares issued and 29,025 and 28,911 shares outstanding, respectively) |
CommonStockValue
|
$30.00K | USD | Point-in-time |
| Common Stock ($0.001 par value; 35,000 shares authorized; 30,398 and 30,229 shares issued and 29,025 and 28,911 shares outstanding, respectively) |
CommonStockValue
|
$30.00K | USD | Point-in-time |
| Treasury Stock, at cost (1,373 and 1,318 shares, respectively) |
TreasuryStockValue
|
$142.98M | USD | Point-in-time |
| Treasury Stock, at cost (1,373 and 1,318 shares, respectively) |
TreasuryStockValue
|
$144.35M | USD | Point-in-time |
| Additional Capital |
AdditionalPaidInCapitalCommonStock
|
$222.63M | USD | Point-in-time |
| Additional Capital |
AdditionalPaidInCapitalCommonStock
|
$223.90M | USD | Point-in-time |
| Retained Earnings |
RetainedEarningsAccumulatedDeficit
|
$158.55M | USD | Point-in-time |
| Retained Earnings |
RetainedEarningsAccumulatedDeficit
|
$147.93M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$173.33M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$161.25M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$238.12M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$227.61M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$674.35M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$691.30M | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$267.37M | USD | 1 Quarter |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$283.45M | USD | 1 Quarter |
| Cost of Sales |
CostOfGoodsAndServicesSold
|
$167.86M | USD | 1 Quarter |
| Cost of Sales |
CostOfGoodsAndServicesSold
|
$162.40M | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
$115.59M | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
$104.97M | USD | 1 Quarter |
| Selling, General and Administrative Expenses |
SellingGeneralAndAdministrativeExpense
|
$102.49M | USD | 1 Quarter |
| Selling, General and Administrative Expenses |
SellingGeneralAndAdministrativeExpense
|
$96.21M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$13.11M | USD | 1 Quarter |
| Operating Income |
OperatingIncomeLoss
|
$8.77M | USD | 1 Quarter |
| Other (Income) Expense |
OtherNonoperatingIncomeExpense
|
$-883.00K | USD | 1 Quarter |
| Other (Income) Expense |
OtherNonoperatingIncomeExpense
|
$769.00K | USD | 1 Quarter |
| Income Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$7.88M | USD | 1 Quarter |
| Income Before Income Taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$13.87M | USD | 1 Quarter |
| Income Tax (Benefit) Expense |
IncomeTaxExpenseBenefit
|
$-4.35M | USD | 1 Quarter |
| Income Tax (Benefit) Expense |
IncomeTaxExpenseBenefit
|
$3.25M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$10.62M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$12.23M | USD | 1 Quarter |
| Net Income per Common Share-Basic |
EarningsPerShareBasic
|
$0.43 | USD | 1 Quarter |
| Net Income per Common Share-Basic |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| Net Income per Common Share-Diluted |
EarningsPerShareDiluted
|
$0.42 | USD | 1 Quarter |
| Net Income per Common Share-Diluted |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
28.94M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
28.74M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
29.55M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
28.85M | shares | 1 Quarter |
Cash Flow Statement
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income (Loss) |
ProfitLoss
|
$12.23M | USD | 1 Quarter |
| Net Income (Loss) |
ProfitLoss
|
$10.62M | USD | 1 Quarter |
| Depreciation and Amortization |
DepreciationDepletionAndAmortization
|
$4.49M | USD | 1 Quarter |
| Depreciation and Amortization |
DepreciationDepletionAndAmortization
|
$4.66M | USD | 1 Quarter |
| Deferred Income Taxes Provision |
DeferredIncomeTaxExpenseBenefit
|
$27.00K | USD | 1 Quarter |
| Deferred Income Taxes Provision |
DeferredIncomeTaxExpenseBenefit
|
$378.00K | USD | 1 Quarter |
| Income on Vouchers Redeemed for Legal Settlements |
OtherNoncashIncome
|
$503.00K | USD | 1 Quarter |
| Stock-Based Compensation Expense |
ShareBasedCompensation
|
$1.23M | USD | 1 Quarter |
| Stock-Based Compensation Expense |
ShareBasedCompensation
|
$120.00K | USD | 1 Quarter |
| Provision for Inventory Obsolescence Reserves |
InventoryWriteDown
|
$26.00K | USD | 1 Quarter |
| Provision for Inventory Obsolescence Reserves |
InventoryWriteDown
|
$452.00K | USD | 1 Quarter |
| Gain on Disposal of Fixed Assets |
DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown
|
$-30.00K | USD | 1 Quarter |
| Gain on Disposal of Fixed Assets |
DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown
|
$-743.00K | USD | 1 Quarter |
| Merchandise Inventories |
IncreaseDecreaseInInventories
|
$-18.00M | USD | 1 Quarter |
| Merchandise Inventories |
IncreaseDecreaseInInventories
|
$-16.38M | USD | 1 Quarter |
| Accounts Payable |
IncreaseDecreaseInAccountsPayable
|
$9.05M | USD | 1 Quarter |
| Accounts Payable |
IncreaseDecreaseInAccountsPayable
|
$6.04M | USD | 1 Quarter |
| Accrued Compensation |
IncreaseDecreaseInAccruedSalaries
|
$-6.76M | USD | 1 Quarter |
| Accrued Compensation |
IncreaseDecreaseInAccruedSalaries
|
$-1.80M | USD | 1 Quarter |
| Customer Deposits and Store Credits |
IncreaseDecreaseInCustomerDepositsAndStoreCredits
|
$-3.73M | USD | 1 Quarter |
| Customer Deposits and Store Credits |
IncreaseDecreaseInCustomerDepositsAndStoreCredits
|
$6.82M | USD | 1 Quarter |
| Tariff Recovery Receivable |
IncreaseDecreaseInOtherReceivables
|
$132.00K | USD | 1 Quarter |
| Tariff Recovery Receivable |
IncreaseDecreaseInOtherReceivables
|
$-3.01M | USD | 1 Quarter |
| Prepaid Expenses and Other Current Assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.00M | USD | 1 Quarter |
| Prepaid Expenses and Other Current Assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.30M | USD | 1 Quarter |
| Accrual for Legal Matters and Settlements |
IncreaseDecreaseInOtherAccruedLiabilities
|
$7.70M | USD | 1 Quarter |
| Payments for Legal Matters and Settlements |
PaymentsForLegalSettlements
|
$23.00K | USD | 1 Quarter |
| Payments for Legal Matters and Settlements |
PaymentsForLegalSettlements
|
$5.00K | USD | 1 Quarter |
| Other Assets and Liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$2.73M | USD | 1 Quarter |
| Other Assets and Liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$7.63M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$35.97M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$44.49M | USD | 1 Quarter |
| Purchases of Property and Equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.48M | USD | 1 Quarter |
| Purchases of Property and Equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.30M | USD | 1 Quarter |
| Other Investing Activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-306.00K | USD | 1 Quarter |
| Other Investing Activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-58.00K | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.24M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.17M | USD | 1 Quarter |
| Borrowings on Credit Agreement |
ProceedsFromLinesOfCredit
|
$8.00M | USD | 1 Quarter |
| Payments on Credit Agreement |
RepaymentsOfLinesOfCredit
|
$26.00M | USD | 1 Quarter |
| Common Stock Repurchased |
PaymentsForRepurchaseOfCommonStock
|
$1.38M | USD | 1 Quarter |
| Common Stock Repurchased |
PaymentsForRepurchaseOfCommonStock
|
$316.00K | USD | 1 Quarter |
| Other Financing Activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$41.00K | USD | 1 Quarter |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-18.32M | USD | 1 Quarter |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.33M | USD | 1 Quarter |
| Effect of Exchange Rates on Cash and Cash Equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$-44.00K | USD | 1 Quarter |
| Net Increase in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$38.92M | USD | 1 Quarter |
| Net Increase in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$13.43M | USD | 1 Quarter |
| Cash and Cash Equivalents, Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$22.42M | USD | Point-in-time |
| Cash and Cash Equivalents, Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$208.86M | USD | Point-in-time |
| Cash and Cash Equivalents, Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$169.94M | USD | Point-in-time |
| Cash and Cash Equivalents, Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$8.99M | USD | Point-in-time |
| Cash and Cash Equivalents, End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$22.42M | USD | Point-in-time |
| Cash and Cash Equivalents, End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$208.86M | USD | Point-in-time |
| Cash and Cash Equivalents, End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$169.94M | USD | Point-in-time |
| Cash and Cash Equivalents, End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$8.99M | USD | Point-in-time |
| Relief of Inventory for Vouchers Redeemed for Legal Settlements |
LitigationSettlementAmountAwardedToOtherParty
|
$977.00K | USD | 1 Quarter |
| Tenant Improvement Allowance for Leases |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$496.00K | USD | 1 Quarter |
| Tenant Improvement Allowance for Leases |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$585.00K | USD | 1 Quarter |
Stockholders Equity
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$173.33M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$161.25M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$238.12M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$227.61M | USD | Point-in-time |
| Stock-Based Compensation Expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.23M | USD | 1 Quarter |
| Stock-Based Compensation Expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$120.00K | USD | 1 Quarter |
| Exercise of Stock Options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$41.00K | USD | 1 Quarter |
| Common Stock Repurchased |
CommonStockRepurchased
|
$316.00K | USD | 1 Quarter |
| Common Stock Repurchased |
TreasuryStockValueAcquiredCostMethod
|
$1.38M | USD | 1 Quarter |
| Translation Adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$45.00K | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$10.62M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$12.23M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$173.33M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$161.25M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$238.12M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$227.61M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
NetIncomeLoss
|
$10.62M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$12.23M | USD | 1 Quarter |
| Foreign Currency Translation Adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$45.00K | USD | 1 Quarter |
| Total Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$45.00K | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$12.28M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$10.62M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.