Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
ASSETS    
Cash and cash equivalents $ 72,276 $ 20,824
Accounts receivable, net 8,092 14,247
Inventories, net 126,101 162,389
Prepaid expenses and other current assets 23,483 18,830
Total current assets 229,952 216,290
Property, plant and equipment, net 236,678 245,246
Goodwill 25,388 25,388
Intangible assets 19,740 19,740
Operating lease right-of-use assets 109,342  
Deferred income taxes 137 2,108
Other assets 1,552 1,579
TOTAL ASSETS 622,789 510,351
Current liabilities:    
Accounts payable and accrued expenses 25,595 34,166
Customer deposits and deferred revenues 64,031 56,714
Accrued compensation and benefits 18,278 22,646
Short-term debt 550
Current operating lease liabilities 27,366  
Other current liabilities 3,708 8,750
Total current liabilities 138,978 122,826
Long-term debt 50,000 516
Operating lease liabilities, long-term 102,111  
Other non-current liabilities 1,074 1,069
Other long-term liabilities 2,562 22,011
TOTAL LIABILITIES 294,725 146,422
Commitments and contingencies (See Note 20)
SHAREHOLDERS' EQUITY    
Preferred stock, $0.01 par value; 1,055 shares authorized; none issued
Common stock, $0.01 par value; 150,000 shares authorized; 49,053 and 49,049 shares issued; 25,053 and 26,587 shares outstanding at June 30, 2020 and 2019, respectively 491 491
Additional paid-in-capital 378,300 377,913
Treasury stock, at cost: 24,000 and 22,462 shares at June 30, 2020 and 2019, respectively (680,916) (656,597)
Retained earnings 638,631 647,710
Accumulated other comprehensive loss (8,441) (5,651)
Total Ethan Allen Interiors Inc. shareholders' equity 328,065 363,866
Noncontrolling interests (1) 63
TOTAL SHAREHOLDERS' EQUITY 328,064 363,929
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 622,789 $ 510,351