10-Q
Quarterly Report
HOOKER FURNISHINGS CORPORATION
HOFT
NASDAQ
CIK: 1077688
File #: 000-25349
Balance Sheet
47 line items · 2 periods
XBRL
| Item | Nov 2, 2025 | Feb 2, 2025 |
|---|---|---|
Assets | ||
Current assets | ||
Cash and cash equivalents | 1,354,000 | 6,295,000 |
Trade accounts receivable, net | 31,737,000 | 45,487,000 |
Inventories | 52,146,000 | 66,228,000 |
Income tax recoverable | 74,000 | 521,000 |
Prepaid expenses and other current assets | 6,830,000 | 5,080,000 |
Current assets held for sale | 13,301,000 | 17,513,000 |
Total current assets | 105,442,000 | 141,124,000 |
Property, plant and equipment, net | 25,008,000 | 27,343,000 |
Cash surrender value of life insurance policies | 30,188,000 | 29,238,000 |
Fair Value, Inputs, Level 1 | 0 | 0 |
Fair Value, Inputs, Level 2 | 30,188,000 | 29,238,000 |
Fair Value, Inputs, Level 3 | 0 | 0 |
Deferred taxes | 24,914,000 | 16,057,000 |
Operating leases right-of-use assets | 24,369,000 | 39,264,000 |
Real Estate | 23,592,000 | 38,329,000 |
Property, Plant and Equipment | 777,000 | 935,000 |
Intangible assets, net | 13,539,000 | 17,999,000 |
Goodwill | 574,000 | 15,036,000 |
Non-current assets held for sale | 0 | 11,269,000 |
Other assets | 16,203,000 | 16,612,000 |
Total non-current assets | 134,795,000 | 172,818,000 |
Total assets | 240,237,000 | 313,942,000 |
Liabilities and Shareholders’ Equity | ||
Current liabilities | ||
Trade accounts payable | 12,448,000 | 16,376,000 |
Accrued salaries, wages and benefits | 4,797,000 | 3,851,000 |
Accrued income taxes | 35,000 | 49,000 |
Customer deposits | 5,317,000 | 5,655,000 |
Current portion of operating lease liabilities | 5,432,000 | 6,311,000 |
Other accrued expenses | 2,335,000 | 2,916,000 |
Current liabilities held for sale | 9,177,000 | 4,816,000 |
Total current liabilities | 39,541,000 | 39,974,000 |
Long term debt | 3,815,000 | 21,717,000 |
Deferred compensation | 6,287,000 | 6,795,000 |
Operating lease liabilities | 20,838,000 | 35,331,000 |
Long-term liabilities held for sale | 0 | 5,742,000 |
Discontinued Operations | 9,177,000 | 10,558,000 |
Total long-term liabilities | 30,940,000 | 69,585,000 |
Total liabilities | 70,481,000 | 109,559,000 |
Shareholders’ equity | ||
Common stock, no par value, 20,000 shares authorized, 10,778 and 10,703 shares issued and outstanding on each date | 50,977,000 | 50,474,000 |
Retained earnings | 118,308,000 | 153,336,000 |
Accumulated other comprehensive income | 471,000 | 573,000 |
Total shareholders’ equity | 169,756,000 | 204,383,000 |
Total liabilities and shareholders’ equity | 240,237,000 | 313,942,000 |