FIVE BELOW INC
For the period ended May 4, 2024. Filed Jun 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
May 4, 2024 · Filed Jun 6, 2024
FIVE$253.51-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Financial Statements (unaudited)
Consolidated Balance Sheets
(in thousands, except share and per share data)
| May 4, 2024 | February 3, 2024 | April 29, 2023 | |
|---|---|---|---|
| Assets | |||
| Current assets: | |||
| Cash and cash equivalents | $96,308 | $179,749 | $335,286 |
| Short-term investment securities | 273,341 | 280,339 | 88,241 |
| Inventories | 629,981 | 584,627 | 534,389 |
| Prepaid income taxes and tax receivable | 4,834 | 4,834 | 8,898 |
| Prepaid expenses and other current assets | 146,004 | 153,993 | 116,689 |
| Total current assets | 1,150,468 | 1,203,542 | 1,083,503 |
| Property and equipment, net of accumulated depreciation and amortization of $621,276, $584,090, and $483,213, respectively. | 1,190,865 | 1,134,312 | 944,375 |
| Operating lease assets | 1,587,435 | 1,509,416 | 1,336,588 |
| Long-term investment securities | — | 7,791 | — |
| Other assets | 18,536 | 16,976 | 16,043 |
| $3,947,304 | $3,872,037 | $3,380,509 | |
| Liabilities and Shareholders’ Equity | |||
| Current liabilities: | |||
| Line of credit | $— | $— | $— |
| Accounts payable | 221,789 | 256,275 | 234,492 |
| Income taxes payable | 51,551 | 41,772 | 27,751 |
| Accrued salaries and wages | 25,906 | 30,028 | 13,390 |
| Other accrued expenses | 150,335 | 146,887 | 135,463 |
| Operating lease liabilities | 292,048 | 240,964 | 207,458 |
| Total current liabilities | 741,629 | 715,926 | 618,554 |
| Other long-term liabilities | 8,234 | 6,826 | 4,626 |
| Long-term operating lease liabilities | 1,546,157 | 1,497,586 | 1,310,465 |
| Deferred income taxes | 66,623 | 66,743 | 59,563 |
| Total liabilities | 2,362,643 | 2,287,081 | 1,993,208 |
| Commitments and contingencies (note 6) | |||
| Shareholders’ equity: | |||
| Common stock, $0.01 par value. Authorized 120,000,000 shares; issued and outstanding 55,072,106, 55,197,875, and 55,665,239 shares, respectively. | 550 | 551 | 556 |
| Additional paid-in capital | 150,948 | 182,709 | 248,677 |
| Retained earnings | 1,433,163 | 1,401,696 | 1,138,068 |
| Total shareholders’ equity | 1,584,661 | 1,584,956 | 1,387,301 |
| $3,947,304 | $3,872,037 | $3,380,509 | |
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