Arhaus Inc

For the period ended Dec 31, 2023. Filed Mar 11, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 11, 2024

ARHS$14.89-0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Changes in Stockholders’/Members’ Equity (Deficit

Common Shares in Homeworks Holdings, Inc. · Common Stock · Treasury Stock · Stockholders' / Members' Equity (Deficit)
Voting · Non-Voting · Class A · Class B · Class A
	Shares	Amount	Shares	Amount	Shares	Amount	Shares	Amount	Shares	Amount	Retained Earnings (Accumulated Deficit)	Additional Paid-in Capital	Noncontrolling Interest	Total Stockholders' / Members' Equity (Deficit)
Balances as of December 31, 2020	645	$—	4,158	$—	—	$—	—	$—	—	$—	$(28,422)	$1,670	$(7,689)	$(34,441)
Net income	—	—	—	—	—	—	—	—	—	—	8,028	—	15,815	23,843
Tax distribution	—	—	—	—	—	—	—	—	—	—	—	—	(7,865)	(7,865)
Shareholder distribution	—	—	—	—	—	—	—	—	—	—	(12,350)	—	—	(12,350)
Equity based compensation	—	—	—	—	—	—	—	—	—	—	—	1,367	—	1,367
Pre-IPO dividend to noncontrolling interests of Arhaus, LLC	—	—	—	—	—	—	—	—	—	—	—	—	(50,659)	(50,659)
Shareholder distributions	—	—	—	—	—	—	—	—	—	—	(46,528)	(3,037)	—	(49,565)
Initial public offering less underwriter fees	—	—	—	—	12,903	13	—	—	—	—	—	157,245	—	157,258
Issuance of Class A and B common stock to vested incentive unit holders of Arhaus, LLC	—	—	—	—	5,837	6	6,148	6	—	—	—	(12)	—	—
Non-controlling interest adjustment, in exchange of Class A common stock	—	—	—	—	31,267	31	1,097	1	—	—	(50,398)	(32)	50,398	—
Controlling interest adjustment, in exchange of Class B common stock	(645)	—	(4,158)	—	—	—	79,695	80	—	—	—	(80)	—	—
Shareholder capital contribution	—	—	—	—	—	—	—	—	—	—	—	3,872	—	3,872
Balances as of November 8, 2021	—	$—	—	$—	50,007	$50	86,940	$87	—	$—	$(129,670)	$160,993	$—	$31,460
Net income	—	—	—	—	—	—	—	—	—	—	13,089	—	—	13,089
Deferred tax impact of Reorganization from partnership to a corporation	—	—	—	—	—	—	—	—	—	—	—	17,436	—	17,436
Transfer of Class B common stock to Class A common stock for long-tenured employees	—	—	—	—	421	—	(421)	—	—	—	—	7,315	—	7,315
Equity based compensation	—	—	—	—	—	—	—	—	—	—	—	465	—	465
Balances as of December 31, 2021	—	$—	—	$—	50,428	$50	86,519	$87	—	$—	$(116,581)	$186,209	$—	$69,765

Consolidated Statements of Changes in Stockholders’/Members’ Equity (Deficit)

Common Shares in Homeworks Holdings, Inc. · Common Stock · Treasury Stock · Stockholders' / Members' Equity (Deficit)
Voting · Non-Voting · Class A · Class B · Class A
	Shares	Amount	Shares	Amount	Shares	Amount	Shares	Amount	Shares	Amount	Retained Earnings (Accumulated Deficit)	Additional Paid-in Capital	Noncontrolling Interest	Total Stockholders' / Members' Equity (Deficit)
Net income	—	—	—	—	—	—	—	—	—	—	136,634	—	—	136,634
Adjustment to deferred tax asset impact of Reorganization from partnership to a corporation	—	—	—	—	—	—	—	—	—	—	—	(1,072)	—	(1,072)
Shareholder capital contribution	—	—	—	—	—	—	—	—	—	—	—	80	—	80
Equity based compensation	—	—	—	—	1,009	1	597	—	—	—	—	4,287	—	4,288
Balances as of December 31, 2022	—	$—	—	$—	51,437	$51	87,116	$87	—	$—	$20,053	$189,504	$—	$209,695
Net income	—	—	—	—	—	—	—	—	—	—	125,239	—	—	125,239
Adjustment to deferred tax asset impact of Reorganization from partnership to a corporation	—	—	—	—	—	—	—	—	—	—	—	(1,625)	—	(1,625)
Shareholder capital contribution	—	—	—	—	—	—	—	—	—	—	—	56	—	56
Equity based compensation	—	—	—	—	1,316	1	—	—	—	—	—	7,908	—	7,909
Shares withheld to cover employees' withholding taxes for equity based awards	—	—	—	—	(84)	—	—	—	84	—	—	(1,036)	—	(1,036)
Balances as of December 31, 2023	—	$—	—	$—	52,669	$52	87,116	$87	84	$—	$145,292	$194,807	$—	$340,238

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.