HAVERTY FURNITURE COMPANIES INC
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
HVT$26.18+4.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (In thousands, except per share data) | 2023 | 2022 |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $120,635 | $123,126 |
| Restricted cash equivalents | 7,142 | 6,804 |
| Inventories | 93,956 | 118,333 |
| Prepaid expenses | 17,067 | 9,707 |
| Other current assets | 12,793 | 18,283 |
| Total current assets | 251,593 | 276,253 |
| Property and equipment, net | 171,588 | 137,475 |
| Right-of-use lease assets | 202,306 | 207,390 |
| Deferred income taxes | 15,641 | 15,501 |
| Other assets | 13,005 | 12,430 |
| Total assets | $654,133 | $649,049 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $18,781 | $23,345 |
| Customer deposits | 35,837 | 47,969 |
| Accrued liabilities | 46,289 | 48,676 |
| Current lease liabilities | 37,357 | 34,442 |
| Total current liabilities | 138,264 | 154,432 |
| Noncurrent lease liabilities | 180,397 | 186,845 |
| Other liabilities | 27,106 | 18,373 |
| Total liabilities | 345,767 | 359,650 |
| Stockholders’ equity | ||
| Capital Stock, par value $1 per share | ||
| Preferred Stock, Authorized – 1,000 shares; Issued: None | ||
| Common Stock, Authorized – 50,000 shares; Issued: 2023– 30,220; 2022 – 30,006 | 30,220 | 30,006 |
| Convertible Class A Common Stock, Authorized – 15,000 shares; Issued: 2023 – 1,804; 2022 – 1,806 | 1,804 | 1,806 |
| Additional paid-in capital | 113,307 | 108,706 |
| Retained earnings | 419,472 | 398,393 |
| Accumulated other comprehensive loss | (983) | (756) |
| Treasury stock at cost – Common Stock (2023 – 15,355; 2022 – 15,140) and Convertible Class A Common Stock (2023 and 2022 – 522) | (255,454) | (248,756) |
| Total stockholders’ equity | 308,366 | 289,399 |
| Total liabilities and stockholders’ equity | $654,133 | $649,049 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.