v3.25.4
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 64,274 $ 76,178
Investments, short-term 75,067 59,955
Accounts receivable, net 4,494 6,066
Inventories, net 141,936 140,893
Prepaid expenses and other current assets 26,272 26,841
Total current assets 312,043 309,933
Property, plant and equipment, net 207,736 210,238
Goodwill 25,388 25,388
Intangible assets 19,740 19,740
Operating lease right-of-use assets 107,908 109,173
Deferred income taxes 325 369
Investments, long-term 39,989 60,030
Other assets 1,637 2,228
TOTAL ASSETS 714,766 737,099
Current liabilities:    
Accounts payable and accrued expenses 23,189 22,137
Customer deposits 63,566 75,068
Accrued compensation and benefits 17,706 23,625
Current operating lease liabilities 26,396 27,403
Other current liabilities 4,988 4,618
Total current liabilities 135,845 152,851
Operating lease liabilities, long-term 94,751 96,263
Deferred income taxes 2,483 2,054
Other long-term liabilities 3,604 3,662
TOTAL LIABILITIES 236,683 254,830
Commitments and Contingencies  
SHAREHOLDERS' EQUITY    
Preferred stock, $0.01 par value; 1,055 shares authorized; none issued 0 0
Common stock, $0.01 par value, 150,000 shares authorized, 49,717 and 49,640 shares issued; 25,446 and 25,432 shares outstanding at December 31, 2025 and June 30, 2025, respectively 497 496
Additional paid-in-capital 390,294 389,672
Treasury stock, at cost: 24,271 and 24,208 shares at December 31, 2025 and June 30, 2025, respectively (688,849) (687,003)
Retained earnings 780,736 784,878
Accumulated other comprehensive loss (4,507) (5,688)
Total Ethan Allen Interiors Inc. shareholders' equity 478,171 482,355
Noncontrolling interests (88) (86)
TOTAL SHAREHOLDERS' EQUITY 478,083 482,269
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 714,766 $ 737,099

Source

v3.25.4
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Net sales $ 149,916 $ 157,260 $ 296,900 $ 311,597
Cost of sales 58,645 62,423 115,431 122,891
Gross profit 91,271 94,837 181,469 188,706
Selling, general and administrative expenses 77,858 76,674 157,555 152,746
Restructuring and other charges, net of gains (815) 6 (281) 238
Operating income 14,228 18,157 24,195 35,722
Interest and other income, net 1,549 2,029 5,647 4,227
Interest and other financing costs 60 63 119 123
Income before income taxes 15,717 20,123 29,723 39,826
Income tax expense 3,973 5,119 7,528 10,103
Net income $ 11,744 $ 15,004 $ 22,195 $ 29,723
Basic earnings per common share        
Net income per basic share (in dollars per share) $ 0.46 $ 0.59 $ 0.87 $ 1.16
Basic weighted average common shares (in shares) 25,572 25,556 25,569 25,551
Diluted earnings per common share        
Net income per diluted share (in dollars per share) $ 0.46 $ 0.59 $ 0.87 $ 1.16
Diluted weighted average common shares (in shares) 25,608 25,625 25,618 25,622
Comprehensive income        
Net income $ 11,744 $ 15,004 $ 22,195 $ 29,723
Other comprehensive income (loss), net of tax        
Foreign currency translation adjustments 555 (1,398) 1,048 (2,981)
Other 40 19 131 634
Other comprehensive income (loss), net of tax 595 (1,379) 1,179 (2,347)
Comprehensive income $ 12,339 $ 13,625 $ 23,374 $ 27,376

Source

v3.25.4
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities    
Net income $ 22,195 $ 29,723
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 7,679 7,854
Share-based compensation expense 622 785
Non-cash operating lease cost 16,534 16,288
Deferred income taxes 473 (689)
Restructuring and other charges, net of gains (281) 238
Payments on restructuring and other charges, net of proceeds (1,510) (520)
Loss on disposal of property, plant and equipment 49 10
Proceeds from insurance recoveries 1,137 109
Other 525 (129)
Changes in operating assets and liabilities:    
Accounts receivable, net (1,572) (1,758)
Inventories, net 1,067 5
Prepaid expenses and other current assets 643 (7,559)
Customer deposits (11,502) (2,694)
Accounts payable and accrued expenses 750 (3,655)
Accrued compensation and benefits (5,919) 2,308
Operating lease liabilities (17,417) (17,257)
Other assets and liabilities 522 134
Net cash provided by operating activities 15,005 26,699
Cash Flows from Investing Activities    
Capital expenditures (5,300) (7,371)
Purchases of investments (19,995) (35,230)
Proceeds from sales of investments 24,857 36,322
Proceeds from insurance recoveries 1,225 0
Net cash provided by (used in) investing activities 787 (6,279)
Cash Flows from Financing Activities    
Payment of cash dividends (26,337) (30,151)
Taxes paid related to net share settlement of equity awards (1,846) (2,207)
Payments on financing leases (183) (172)
Net cash used in financing activities (28,366) (32,530)
Effect of exchange rate changes on cash and cash equivalents    
Effect of exchange rate changes on cash and cash equivalents 189 (422)
Net decrease in cash, cash equivalents and restricted cash (12,385) (12,532)
Cash, cash equivalents and restricted cash at beginning of period 76,955 70,216
Cash, cash equivalents and restricted cash at end of period $ 64,570 $ 57,684

Source