10-Q
Quarterly Report
BUILD-A-BEAR WORKSHOP INC
BBW
NYSE
CIK: 1113809
File #: 001-32320
Balance Sheet
44 line items · 3 periods
XBRL
| Item | Oct 28, 2023 | Jan 28, 2023 | Oct 29, 2022 |
|---|---|---|---|
Current assets: | |||
Cash and cash equivalents | 24,800,000 | 42,198,000 | 12,023,000 |
Inventories, net | 64,466,000 | 70,485,000 | 88,339,000 |
Receivables, net | 13,908,000 | 15,374,000 | 15,894,000 |
Prepaid expenses and other current assets | 13,592,000 | 19,374,000 | 10,379,000 |
Total current assets | 116,766,000 | 147,431,000 | 126,635,000 |
Operating lease right-of-use asset | 67,768,000 | 71,791,000 | 76,236,000 |
Property and equipment, net | 51,914,000 | 50,759,000 | 46,264,000 |
North America | 48,631,000 | — | 43,898,000 |
Europe | 3,283,000 | — | 2,366,000 |
Other Geographic Region | 0 | — | 0 |
Deferred tax assets | 6,822,000 | 6,592,000 | 7,561,000 |
Other assets, net | 7,273,000 | 4,221,000 | 3,105,000 |
Total Assets | 250,543,000 | 280,794,000 | 259,801,000 |
International Franchising | 1,186,000 | 1,107,000 | 1,161,000 |
Direct to Consumer | 238,604,000 | 272,221,000 | 253,595,000 |
Commercial | 10,753,000 | 7,466,000 | 5,045,000 |
Current liabilities: | |||
Accounts payable | 11,961,000 | 10,286,000 | 19,514,000 |
Accrued expenses | 25,319,000 | 37,358,000 | 25,764,000 |
Operating lease liability short term | 26,002,000 | 27,436,000 | 27,644,000 |
Gift cards and customer deposits | 18,366,000 | 19,425,000 | 18,287,000 |
Deferred revenue and other | 3,665,000 | 6,646,000 | 5,713,000 |
Total current liabilities | 85,313,000 | 101,151,000 | 96,922,000 |
Operating lease liability long term | 52,423,000 | 59,080,000 | 64,212,000 |
Other long-term liabilities | 1,159,000 | 1,446,000 | 1,569,000 |
Stockholders' equity: | |||
Preferred stock, par value $0.01, Shares authorized: 15,000,000; No shares issued or outstanding at October 28, 2023, January 28, 2023 and October 29, 2022 | 0 | 0 | 0 |
Common stock, par value $0.01, Shares authorized: 50,000,000; Issued and outstanding: 14,391,876, 14,802,338, and 14,718,368 shares, respectively | 144,000 | 148,000 | 147,000 |
Additional paid-in capital | 66,641,000 | 69,868,000 | 68,422,000 |
Accumulated other comprehensive loss | (12,319,000) | (12,274,000) | (12,336,000) |
Retained earnings | 57,182,000 | 61,375,000 | 40,865,000 |
Total stockholders' equity | 111,648,000 | 119,117,000 | 97,098,000 |
Common Stock | 144,000 | 148,000 | 147,000 |
Additional Paid-in Capital | 66,641,000 | 69,868,000 | 68,422,000 |
AOCI Attributable to Parent | (12,319,000) | (12,274,000) | (12,336,000) |
Retained Earnings | 57,182,000 | 61,375,000 | 40,865,000 |
Cumulative Effect, Period of Adoption, Adjustment - Accounting Standards Update 2016-13 - Retained Earnings | — | (785,000) | — |
Cumulative Effect, Period of Adoption, Adjusted Balance - Accounting Standards Update 2016-13 - Common Stock | — | 148,000 | — |
Cumulative Effect, Period of Adoption, Adjusted Balance - Accounting Standards Update 2016-13 - Additional Paid-in Capital | — | 69,868,000 | — |
Cumulative Effect, Period of Adoption, Adjusted Balance - Accounting Standards Update 2016-13 - AOCI Attributable to Parent | — | (12,274,000) | — |
Cumulative Effect, Period of Adoption, Adjusted Balance - Accounting Standards Update 2016-13 - Retained Earnings | — | 60,590,000 | — |
Cumulative Effect, Period of Adoption, Adjusted Balance - Accounting Standards Update 2016-13 | — | 118,332,000 | — |
Total Liabilities and Stockholders' Equity | 250,543,000 | 280,794,000 | 259,801,000 |