Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Current Period Unaudited)

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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 55,051 $ 62,130
Investments 97,679 110,577
Accounts receivable, net 6,831 11,577
Inventories, net 140,939 149,195
Prepaid expenses and other current assets 25,459 25,974
Total current assets 325,959 359,453
Property, plant and equipment, net 219,492 222,167
Goodwill 25,388 25,388
Intangible assets 19,740 19,740
Operating lease right-of-use assets 113,699 115,861
Deferred income taxes 832 640
Other assets 17,065 2,204
TOTAL ASSETS 722,175 745,453
Current liabilities:    
Accounts payable and accrued expenses 24,069 28,565
Customer deposits 63,098 77,765
Accrued compensation and benefits 21,253 23,534
Current operating lease liabilities 26,649 26,045
Other current liabilities 5,861 7,188
Total current liabilities 140,930 163,097
Operating lease liabilities, long-term 101,314 104,301
Deferred income taxes 2,991 3,056
Other long-term liabilities 4,050 3,993
TOTAL LIABILITIES 249,285 274,447
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, 49,535 and 49,426 shares issued; 25,399 and 25,356 shares outstanding at September 30, 2023 and June 30, 2023, respectively 495 494
Additional paid-in capital 387,189 386,146
Treasury stock, at cost: 24,136 and 24,070 shares at September 30, 2023 and June 30, 2023, respectively (684,747) (682,646)
Retained earnings 771,052 769,819
Accumulated other comprehensive loss (1,063) (2,785)
Total Ethan Allen Interiors Inc. shareholders' equity 472,926 471,028
Noncontrolling interests (36) (22)
TOTAL SHAREHOLDERS' EQUITY 472,890 471,006
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 722,175 $ 745,453