LIFETIME BRANDS INC
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
View on SEC.govAbout this filing
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.
Jun 30, 2024 · Filed Aug 8, 2024
LCUT$7.98+6.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity (unaudited) –
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands)
| Common stock · Paid-incapital · Accumulated deficit · Accumulated othercomprehensive loss · Total | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| BALANCE AT DECEMBER 31, 2023 | 21,813 | $218 | $277,728 | $(13,568) | $(33,499) | $230,879 |
| Net loss | — | — | — | (6,260) | — | (6,260) |
| Other comprehensive income, net of taxes | — | — | — | — | 254 | 254 |
| Performance shares issued to employees | 152 | 2 | (2) | — | — | — |
| Net issuance of restricted shares granted to employees | 213 | 2 | (2) | — | — | — |
| Stock compensation expense | — | — | 799 | — | — | 799 |
| Shares effectively repurchased for required employee withholding taxes | (105) | (1) | (1,027) | — | — | (1,028) |
| Dividends (1) | — | — | — | (943) | — | (943) |
| BALANCE AT MARCH 31, 2024 | 22,073 | $221 | $277,496 | $(20,771) | $(33,245) | $223,701 |
| Net loss | — | — | — | (18,167) | — | (18,167) |
| Other comprehensive income, net of taxes | — | — | — | — | 14,239 | 14,239 |
| Net issuance of restricted shares granted to employees and directors | 92 | 1 | (1) | — | — | — |
| Stock compensation expense | — | — | 1,044 | — | — | 1,044 |
| Shares effectively repurchased for required employee withholding taxes | (7) | — | (55) | — | — | (55) |
| Dividends (1) | — | — | — | (957) | — | (957) |
| BALANCE AT JUNE 30, 2024 | 22,158 | $222 | $278,484 | $(39,895) | $(19,006) | $219,805 |
| Common stock · Paid-incapital · Retained earnings (accumulated deficit) · Accumulated othercomprehensive loss · Total | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||
| BALANCE AT DECEMBER 31, 2022 | 21,780 | $218 | $274,579 | $1,145 | $(35,854) | $240,088 | |
| Net loss | — | — | — | (8,805) | — | (8,805) | |
| Other comprehensive income, net of taxes | — | — | — | — | 420 | 420 | |
| Performance shares issued to employees | 120 | 1 | (1) | — | — | — | |
| Net issuance of restricted shares granted to employees | 185 | 2 | (2) | — | — | — | |
| Stock compensation expense | — | — | 866 | — | — | 866 | |
| Shares effectively repurchased for required employee withholding taxes | (74) | (1) | (438) | — | — | (439) | |
| Stock repurchase | (320) | (3) | — | (2,536) | — | (2,539) | |
| Dividends (1) | — | — | — | (930) | — | (930) | |
| BALANCE AT MARCH 31, 2023 | 21,691 | $217 | $275,004 | $(11,126) | $(35,434) | $228,661 | |
| Net loss | — | — | — | (6,520) | — | (6,520) | |
| Other comprehensive income, net of taxes | — | — | — | — | 948 | 948 | |
| Net issuance of restricted shares granted to employees and directors | 141 | 1 | (1) | — | — | — | |
| Stock compensation expense | — | — | 1,010 | — | — | 1,010 | |
| Shares effectively repurchased for required employee withholding taxes | (18) | — | (98) | — | — | (98) | |
| Dividends (1) | — | — | — | (950) | — | (950) | |
| BALANCE AT JUNE 30, 2023 | 21,814 | $218 | $275,915 | $(18,596) | $(34,486) | $223,051 | |
(1)Cash dividends declared per share of common stock were $0.085 and $0.085 in the six months ended June 30, 2024 and 2023, respectively.
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