Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Jun. 30, 2020
ASSETS    
Cash and cash equivalents $ 104,596 $ 72,276
Accounts receivable, net 9,026 8,092
Inventories, net 143,978 126,101
Prepaid expenses and other current assets 37,679 23,483
Total current assets 295,279 229,952
Property, plant and equipment, net 231,446 236,678
Goodwill 25,388 25,388
Intangible assets 19,740 19,740
Operating lease right-of-use assets 108,730 109,342
Deferred income taxes 1,078 137
Other assets 1,584 1,552
TOTAL ASSETS 683,245 622,789
Current liabilities:    
Accounts payable and accrued expenses 37,786 25,595
Customer deposits and deferred revenues 130,635 64,031
Accrued compensation and benefits 23,866 18,278
Current operating lease liabilities 27,395 27,366
Other current liabilities 4,220 3,708
Total current liabilities 223,902 138,978
Long-term debt 0 50,000
Operating lease liabilities, long-term 97,911 102,111
Deferred income taxes 5,028 1,074
Other long-term liabilities 4,986 2,562
TOTAL LIABILITIES 331,827 294,725
Commitments and contingencies (See Note 20)
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; 49,240 and 49,053 shares issued; 25,237 and 25,053 shares outstanding at June 30, 2021 and 2020, respectively 492 491
Additional paid-in-capital 382,527 378,300
Treasury stock, at cost: 24,003 and 24,000 shares at June 30, 2021 and 2020, respectively (680,991) (680,916)
Retained earnings 655,346 638,631
Accumulated other comprehensive loss (5,931) (8,441)
Total Ethan Allen Interiors Inc. shareholders' equity 351,443 328,065
Noncontrolling interests (25) (1)
TOTAL SHAREHOLDERS' EQUITY 351,418 328,064
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 683,245 $ 622,789