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 Statements of Comprehensive Income
| Year Ended December 31, | |||
|---|---|---|---|
| (In thousands, except per share data) | 2023 | 2022 | 2021 |
| Net sales | $862,133 | $1,047,215 | $1,012,799 |
| Cost of goods sold | 339,041 | 442,990 | 438,174 |
| Gross profit | 523,092 | 604,225 | 574,625 |
| Expenses: | |||
| Selling, general and administrative | 455,812 | 486,298 | 456,267 |
| Other expense (income), net | 77 | 44 | 54 |
| Total expenses | 455,889 | 486,342 | 456,321 |
| Income before interest and income taxes | 67,203 | 117,883 | 118,304 |
| Interest income, net | 5,508 | 1,618 | 231 |
| Income before income taxes | 72,711 | 119,501 | 118,535 |
| Income tax expense | 16,392 | 30,143 | 27,732 |
| Net income | $56,319 | $89,358 | $90,803 |
| Other comprehensive (loss) income, net of tax: | |||
| Defined benefit pension plan adjustments; net of tax expense (benefit) of $(76), $513 and $89 | $(227) | $1,537 | $267 |
| Comprehensive income | $56,092 | $90,895 | $91,070 |
| Basic earnings per share: | |||
| Common Stock | $3.48 | $5.43 | $5.06 |
| Class A Common Stock | $3.29 | $5.17 | $4.75 |
| Diluted earnings per share: | |||
| Common Stock | $3.36 | $5.24 | $4.90 |
| Class A Common Stock | $3.25 | $5.07 | $4.69 |
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