Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a
specialty retailer of natural stone, man-made and luxury vinyl
tiles today announced results for its second quarter ended June 30,
2024.
Second Quarter 2024 Summary
Net Sales Decreased
7.3%Comparable Store Sales Decreased 6.9%
Gross Margin of 66%Net Income of $1.2
Million and Adjusted EBITDA of $6.7 MillionDiluted
Earnings per Share of $0.03
Management Commentary – Cabell Lolmaugh,
CEO
“I’m pleased with the team’s execution during
the quarter, which contributed to a sequential improvement in our
comparable store sales results. We continue to see softness in
existing home sales and resulting lower traffic in our stores,
which contributed to a decrease in comparable store sales from the
second quarter of 2023. Recent actions to enhance our Superior line
of installation products and expand the selection of tile products
that cater to customers seeking to complete smaller projects are
showing promising early results.”
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
(unaudited, dollars in thousands, except per |
|
June 30, |
|
|
June 30, |
share data) |
|
2024 |
|
2023 |
|
2024 |
|
2023 |
Net sales |
|
$ |
91,384 |
|
|
|
$ |
98,557 |
|
|
|
$ |
183,112 |
|
|
|
$ |
200,576 |
|
|
Net sales decline(1) |
|
|
(7.3 |
) |
% |
|
|
(8.4 |
) |
% |
|
|
(8.7 |
) |
% |
|
|
(4.5 |
) |
% |
Comparable store sales decline (2) |
|
|
(6.9 |
) |
% |
|
|
(8.0 |
) |
% |
|
|
(8.6 |
) |
% |
|
|
(4.0 |
) |
% |
Gross margin rate |
|
|
66.0 |
|
% |
|
|
64.2 |
|
% |
|
|
65.9 |
|
% |
|
|
64.2 |
|
% |
Income from operations as a % of net sales |
|
|
2.0 |
|
% |
|
|
7.8 |
|
% |
|
|
2.3 |
|
% |
|
|
5.9 |
|
% |
Net income |
|
$ |
1,219 |
|
|
|
$ |
5,079 |
|
|
|
$ |
2,908 |
|
|
|
$ |
7,591 |
|
|
Net income per diluted share |
|
$ |
0.03 |
|
|
|
$ |
0.12 |
|
|
|
$ |
0.07 |
|
|
|
$ |
0.17 |
|
|
Adjusted EBITDA |
|
$ |
6,733 |
|
|
|
$ |
13,584 |
|
|
|
$ |
14,150 |
|
|
|
$ |
23,897 |
|
|
Adjusted EBITDA as a % of net sales |
|
|
7.4 |
|
% |
|
|
13.8 |
|
% |
|
|
7.7 |
|
% |
|
|
11.9 |
|
% |
Number of stores open at the end of period |
|
|
142 |
|
|
|
|
143 |
|
|
|
|
142 |
|
|
|
|
143 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) As compared to the prior year period.(2) The
comparable store sales operating metric is the percentage change in
sales of comparable stores period over period. A store is
considered comparable on the second day of the 13th full month of
operation. When a store is relocated, it is excluded from the
comparable store sales calculation. Comparable store sales include
total charges to customers less any actual returns. The Company
includes the change in allowance for anticipated sales returns
applicable to comparable stores in the comparable store sales
calculation.
SECOND QUARTER 2024
Net SalesNet sales for the
second quarter of 2024 decreased $7.2 million, or 7.3%,
compared to the second quarter of 2023. Sales decreased at
comparable stores by 6.9% during the second quarter of 2024
compared to the second quarter of 2023 principally due to a
decrease in traffic.
Gross ProfitGross profit
decreased $3.0 million, or 4.7%, in the second quarter of 2024
compared to the second quarter of 2023. The gross margin rate
increased to 66.0% during the second quarter of 2024 as compared to
64.2% during the second quarter 2023. The improvement in the gross
margin rate was primarily due to decreases in product costs.
Selling, General and Administrative
ExpensesSelling, general and administrative expenses
increased $2.9 million, or 5.2%, from $55.6 million in
the second quarter of 2023 to $58.5 million in the second
quarter of 2024. The increase was partially due to a $1.3 million
increase in bonus expenses which is primarily attributable to a
onetime benefit recorded during the second quarter of 2023 to
reduce certain bonus and long-term incentive accruals that was not
repeated in 2024. Additionally, occupancy costs increased by $0.7
million due to an increase in rent expense associated with leases
that were extended over the last year, information technology
expenses increased by $0.7 million due to an increase in software
licensing costs, and marketing expenditures increased by $0.4
million due to an increase in digital advertising expenditures
during the second quarter of 2024 when compared to the same period
in 2023. These factors were partially offset by a $0.9 million
decrease in depreciation expense and a $0.7 million decrease in
variable compensation costs. During the second quarter of 2024, the
Company recorded $0.9 million of asset impairment charges in
connection with the write-down of certain store assets.
Provision for Income TaxesThe
provision for income taxes for the second quarter of 2024 and 2023
was $0.6 million and $2.0 million, respectively. The decrease in
the provision for income tax was due to a decrease in pretax
income. The Company’s effective tax rate was 32.1% and 28.1% in the
second quarter of 2024 and 2023, respectively. The increase in the
effective tax rate was largely due to a decrease in pre-tax income
and the disproportionate impact of certain permanent items.
Capital Structure and
LiquidityAs of June 30, 2024, the Company had no
borrowings outstanding on its $75.0 million line of credit and cash
and cash equivalents of $25.3 million.
NON-GAAP INFORMATION
Adjusted EBITDA
Adjusted EBITDA for the second quarter of 2024
was $6.7 million compared with $13.6 million for the second quarter
of 2023. See the table below for a reconciliation of GAAP net
income to Adjusted EBITDA.
|
|
|
Three Months Ended |
($ in thousands,
unaudited) |
June 30, |
|
2024 |
|
% of net sales (1) |
|
2023 |
|
% of net sales |
GAAP net income |
$ |
1,219 |
|
|
|
1.3 |
% |
|
$ |
5,079 |
|
|
|
5.2 |
% |
Interest expense |
|
57 |
|
|
|
0.1 |
|
|
|
668 |
|
|
|
0.7 |
|
Provision for income
taxes |
|
575 |
|
|
|
0.6 |
|
|
|
1,987 |
|
|
|
2.0 |
|
Depreciation and
amortization |
|
4,602 |
|
|
|
5.0 |
|
|
|
5,549 |
|
|
|
5.6 |
|
Stock-based compensation |
|
280 |
|
|
|
0.3 |
|
|
|
301 |
|
|
|
0.3 |
|
Adjusted EBITDA |
$ |
6,733 |
|
|
|
7.4 |
% |
|
$ |
13,584 |
|
|
|
13.8 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended |
($ in thousands,
unaudited) |
June 30, |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2024 |
|
% of net sales |
|
2023 |
|
% of net sales |
GAAP net income |
$ |
2,908 |
|
|
|
1.6 |
% |
|
$ |
7,591 |
|
|
|
3.8 |
% |
Interest expense |
|
223 |
|
|
|
0.1 |
|
|
|
1,466 |
|
|
|
0.7 |
|
Provision for income
taxes |
|
1,003 |
|
|
|
0.5 |
|
|
|
2,802 |
|
|
|
1.4 |
|
Depreciation and
amortization |
|
9,344 |
|
|
|
5.1 |
|
|
|
11,332 |
|
|
|
5.6 |
|
Stock-based compensation |
|
672 |
|
|
|
0.4 |
|
|
|
706 |
|
|
|
0.4 |
|
Adjusted EBITDA |
$ |
14,150 |
|
|
|
7.7 |
% |
|
$ |
23,897 |
|
|
|
11.9 |
% |
(1) Amounts do not foot due to
rounding.Pretax Return on Capital Employed
Pretax Return on Capital Employed was 6.8% for
the trailing twelve months as of the end of the second quarter in
2024 compared to 13.8% for the trailing twelve months as of the end
of the second quarter in 2023. See the Pretax Return on Capital
Employed calculation in the table below.
($ in thousands,
unaudited) |
June 30, |
|
|
2024(1) |
|
2023(1) |
Income from Operations (trailing twelve months) |
$ |
8,433 |
|
|
$ |
19,954 |
|
|
|
|
|
|
|
|
|
Total Assets |
|
321,899 |
|
|
|
341,737 |
|
Less: Accounts payable |
|
(23,944 |
) |
|
|
(26,566 |
) |
Less: Income tax payable |
|
(652 |
) |
|
|
(801 |
) |
Less: Other accrued liabilities |
|
(31,288 |
) |
|
|
(35,798 |
) |
Less: Lease liability |
|
(138,118 |
) |
|
|
(129,254 |
) |
Less: Other long-term liabilities |
|
(4,763 |
) |
|
|
(4,530 |
) |
Capital Employed |
$ |
123,134 |
|
|
$ |
144,788 |
|
|
|
|
|
|
|
|
|
Pretax Return on Capital Employed |
|
6.8 |
% |
|
|
13.8 |
% |
(1) Income statement accounts represent the
activity for the trailing twelve months ended as of each of the
balance sheet dates. Balance sheet accounts represent the average
account balance for the four quarters ended as of each of the
balance sheet dates.
Non-GAAP Financial Measures
The Company calculates Adjusted EBITDA by taking
net income calculated in accordance with GAAP, and adjusting for
interest expense, income taxes, depreciation and amortization, and
stock-based compensation expense. Adjusted EBITDA margin is equal
to Adjusted EBITDA divided by net sales. The Company calculates
Pretax Return on Capital Employed by taking income (loss) from
operations divided by capital employed. Capital employed equals
total assets less accounts payable, income taxes payable, other
accrued liabilities, lease liability and other long-term
liabilities. Other companies may calculate both Adjusted EBITDA and
Pretax Return on Capital Employed differently, limiting the
usefulness of these measures for comparative purposes.
The Company believes that these non-GAAP
measures of financial results provide useful information to
management and investors regarding certain financial and business
trends relating to the Company’s financial condition and results of
operations. Company management uses these non-GAAP measures to
compare Company performance to that of prior periods for trend
analyses, for purposes of determining management incentive
compensation, for budgeting and planning purposes and for assessing
the effectiveness of capital allocation over time. These measures
are used in monthly financial reports prepared for management and
the Board of Directors. The Company believes that the use of these
non-GAAP financial measures provides an additional tool for
investors to use in evaluating ongoing operating results and trends
and in comparing the Company’s financial measures with other
specialty retailers, many of which present similar non-GAAP
financial measures to investors.
Company management does not consider these
non-GAAP measures in isolation or as an alternative to financial
measures determined in accordance with GAAP. The principal
limitations of these non-GAAP financial measures are that they
exclude significant expenses and income that are required by GAAP
to be recognized in the Company’s consolidated financial
statements. In addition, they are subject to inherent limitations
as they reflect the exercise of judgments by management about which
expenses and income are excluded or included in determining these
non-GAAP financial measures. In order to compensate for these
limitations, management presents non-GAAP financial measures in
connection with GAAP results. The Company urges investors to review
the reconciliation of these non-GAAP financial measures to the
comparable GAAP financial measures and not to rely on any single
financial measure to evaluate the business.
WEBCAST AND CONFERENCE CALL
As announced on August 1, 2024, the Company will
host a conference call via webcast for investors and other
interested parties beginning at 9:00 a.m. Eastern Time on Thursday,
August 8, 2024. The call will be hosted by Cabell Lolmaugh, CEO,
Mark Davis, CFO, and Ken Cooper, Investor Relations.
Participants may access the webcast by visiting the Investor
Relations page at www.tileshop.com. The call can also be accessed
by dialing (888) 596-4144, or (646) 968-2525 for international
participants, and referencing conference identification number
7601375. A webcast replay of the call will be available on the
Company’s Investor Relations page at www.tileshop.com.
The Company intends to use its website,
investors.tileshop.com, as a means of disclosing material
non-public information and for complying with its disclosure
obligations under Regulation FD. Such disclosures will be included
on the Company’s website under the heading News and Events.
Accordingly, investors should monitor such portions of the
Company’s website, in addition to following its press releases,
Securities and Exchange Commission filings and public conference
calls and webcasts.
Contact:Investors and
Media:Mark DavisChief Financial
Officerinvestorrelations@tileshop.com
ABOUT THE TILE SHOP
Tile Shop Holdings, Inc. (Nasdaq: TTSH) is a
leading specialty retailer of natural stone, man-made and luxury
vinyl tiles, setting and maintenance materials, and related
accessories in the United States. The Tile Shop offers a wide
selection of high-quality products, exclusive designs,
knowledgeable staff and exceptional customer service in an
extensive showroom environment. The Tile Shop currently operates
142 stores in 31 states and the District of Columbia.
The Tile Shop is a proud member of the American
Society of Interior Designers (ASID), National Association of
Homebuilders (NAHB), National Kitchen and Bath Association (NKBA),
and the National Tile Contractors Association (NTCA). Visit
www.tileshop.com. Join The Tile Shop (#thetileshop) on Facebook,
Instagram, Pinterest and X, previously known as Twitter.
FORWARD LOOKING STATEMENTS
This press release includes “forward looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995.
Forward looking statements may be identified by the use of words
such as “anticipate”, “believe”, “expect”, “estimate”, “plan”,
“outlook”, and “project” and other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters. These forward looking statements include any
statements regarding the Company’s strategic and operational plan
and expected financial performance. Forward looking statements
should not be read as a guarantee of future performance or results,
and will not necessarily be accurate indications of the times at,
or by, which such performance or results will be achieved. Forward
looking statements are based on information available at the time
such statements are made and/or management’s good faith belief as
of that time with respect to future events, and are subject to
risks and uncertainties, many of which are difficult to predict and
are outside of our control, that may cause actual results,
performance, or achievements to differ materially from any expected
future results, performance, or achievements expressed or implied
by the forward looking statements, including but not limited to
unforeseen events that may affect the retail market or the
performance of the Company’s stores. The Company does not intend,
and undertakes no duty, to update this information to reflect
future events or circumstances, except as required by law.
Investors are referred to the most recent reports filed by the
Company with the Securities and Exchange Commission.
Tile Shop Holdings, Inc. and
SubsidiariesConsolidated Balance
Sheets($ in thousands, except per share
data)
|
|
|
|
|
|
|
|
|
|
|
(Unaudited) |
|
|
(Audited) |
|
|
June 30, |
|
|
December 31, |
|
|
2024 |
|
|
2023 |
Assets |
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
25,341 |
|
|
$ |
8,620 |
|
Receivables, net |
|
|
3,654 |
|
|
|
2,882 |
|
Inventories |
|
|
86,071 |
|
|
|
93,679 |
|
Income tax receivable |
|
|
1,415 |
|
|
|
129 |
|
Other current assets, net |
|
|
8,501 |
|
|
|
9,248 |
|
Total Current Assets |
|
|
124,982 |
|
|
|
114,558 |
|
Property, plant and equipment,
net |
|
|
59,959 |
|
|
|
64,317 |
|
Right of use asset |
|
|
130,915 |
|
|
|
129,092 |
|
Deferred tax assets |
|
|
4,263 |
|
|
|
5,256 |
|
Other assets |
|
|
2,177 |
|
|
|
3,449 |
|
Total
Assets |
|
$ |
322,296 |
|
|
$ |
316,672 |
|
|
|
|
|
|
|
|
|
|
Liabilities and
Stockholders' Equity |
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
Accounts payable |
|
$ |
21,922 |
|
|
$ |
23,345 |
|
Income tax payable |
|
|
84 |
|
|
|
1,135 |
|
Current portion of lease
liability |
|
|
28,686 |
|
|
|
27,265 |
|
Other accrued liabilities |
|
|
31,335 |
|
|
|
27,000 |
|
Total Current Liabilities |
|
|
82,027 |
|
|
|
78,745 |
|
Long-term debt, net |
|
|
- |
|
|
|
- |
|
Long-term lease liability,
net |
|
|
112,828 |
|
|
|
112,697 |
|
Other long-term
liabilities |
|
|
4,649 |
|
|
|
5,543 |
|
Total
Liabilities |
|
|
199,504 |
|
|
|
196,985 |
|
|
|
|
|
|
|
|
|
|
Stockholders’
Equity: |
|
|
|
|
|
|
|
|
Common stock, par value
$0.0001; authorized: 100,000,000 shares; issued and outstanding:
44,652,655 and 44,510,779 shares, respectively |
|
|
4 |
|
|
|
4 |
|
Preferred stock, par value
$0.0001; authorized: 10,000,000 shares; issued and outstanding: 0
shares |
|
|
- |
|
|
|
- |
|
Additional paid-in
capital |
|
|
129,070 |
|
|
|
128,861 |
|
Accumulated deficit |
|
|
(6,201 |
) |
|
|
(9,109 |
) |
Accumulated other comprehensive loss |
|
|
(81 |
) |
|
|
(69 |
) |
Total Stockholders'
Equity |
|
|
122,792 |
|
|
|
119,687 |
|
Total Liabilities and
Stockholders' Equity |
|
$ |
322,296 |
|
|
$ |
316,672 |
|
|
|
|
|
|
|
|
|
|
Tile Shop Holdings, Inc. and
SubsidiariesConsolidated Statements of
Income($ in thousands, except per share
data)(Unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months
Ended |
|
Six Months
Ended |
|
|
June 30, |
|
June 30, |
|
|
2024 |
|
2023 |
|
2024 |
|
2023 |
Net sales |
|
$ |
91,384 |
|
|
$ |
98,557 |
|
|
$ |
183,112 |
|
|
$ |
200,576 |
|
Cost of
sales |
|
|
31,053 |
|
|
|
35,255 |
|
|
|
62,462 |
|
|
|
71,736 |
|
Gross
profit |
|
|
60,331 |
|
|
|
63,302 |
|
|
|
120,650 |
|
|
|
128,840 |
|
Selling,
general and administrative expenses |
|
|
58,480 |
|
|
|
55,568 |
|
|
|
116,516 |
|
|
|
116,981 |
|
Income from
operations |
|
|
1,851 |
|
|
|
7,734 |
|
|
|
4,134 |
|
|
|
11,859 |
|
Interest
expense |
|
|
(57 |
) |
|
|
(668 |
) |
|
|
(223 |
) |
|
|
(1,466 |
) |
Income
before income taxes |
|
|
1,794 |
|
|
|
7,066 |
|
|
|
3,911 |
|
|
|
10,393 |
|
Provision
for income taxes |
|
|
(575 |
) |
|
|
(1,987 |
) |
|
|
(1,003 |
) |
|
|
(2,802 |
) |
Net
income |
|
$ |
1,219 |
|
|
$ |
5,079 |
|
|
$ |
2,908 |
|
|
$ |
7,591 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income per
common share: |
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
0.03 |
|
|
$ |
0.12 |
|
|
$ |
0.07 |
|
|
$ |
0.18 |
|
Diluted |
|
$ |
0.03 |
|
|
$ |
0.12 |
|
|
$ |
0.07 |
|
|
$ |
0.17 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted
average shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
43,688,605 |
|
|
|
43,363,374 |
|
|
|
43,629,675 |
|
|
|
43,300,962 |
|
Diluted |
|
|
43,759,597 |
|
|
|
43,508,221 |
|
|
|
43,711,030 |
|
|
|
43,465,235 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tile Shop Holdings, Inc. and
SubsidiariesRate
Analysis(Unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months
Ended |
|
Six Months
Ended |
|
|
June 30, |
|
June 30, |
|
|
2024 |
|
2023 |
|
2024 |
|
2023 |
Gross margin
rate |
|
66.0 |
% |
|
64.2 |
% |
|
65.9 |
% |
|
64.2 |
% |
SG&A
expense rate |
|
64.0 |
% |
|
56.4 |
% |
|
63.6 |
% |
|
58.3 |
% |
Income from
operations margin rate |
|
2.0 |
% |
|
7.8 |
% |
|
2.3 |
% |
|
5.9 |
% |
Adjusted
EBITDA margin rate |
|
7.4 |
% |
|
13.8 |
% |
|
7.7 |
% |
|
11.9 |
% |
|
|
|
|
|
|
|
|
|
|
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|
Tile Shop Holdings, Inc. and
SubsidiariesConsolidated Statements of Cash
Flows($ in
thousands)(Unaudited)
|
|
|
|
|
|
|
|
|
Six Months
Ended |
|
|
June 30, |
|
|
2024 |
|
2023 |
Cash
Flows From Operating Activities |
|
|
|
|
|
|
Net income |
|
$ |
2,908 |
|
|
$ |
7,591 |
|
Adjustments
to reconcile net income to net cash provided by operating
activities: |
|
|
|
|
|
|
Depreciation and amortization |
|
|
9,344 |
|
|
|
11,332 |
|
Amortization of debt issuance costs |
|
|
36 |
|
|
|
129 |
|
Loss on disposals of property, plant and equipment |
|
|
32 |
|
|
|
7 |
|
Impairment charges |
|
|
949 |
|
|
|
618 |
|
Non-cash lease expense |
|
|
13,404 |
|
|
|
13,016 |
|
Stock based compensation |
|
|
672 |
|
|
|
706 |
|
Deferred income taxes |
|
|
993 |
|
|
|
2,006 |
|
Changes in operating assets and liabilities: |
|
|
|
|
|
|
Receivables, net |
|
|
(772 |
) |
|
|
(460 |
) |
Inventories |
|
|
7,608 |
|
|
|
14,090 |
|
Other current assets, net |
|
|
1,984 |
|
|
|
1,142 |
|
Accounts payable |
|
|
(1,119 |
) |
|
|
984 |
|
Income tax receivable / payable |
|
|
(2,336 |
) |
|
|
3,066 |
|
Accrued expenses and other liabilities |
|
|
(10,251 |
) |
|
|
(12,789 |
) |
Net cash provided by operating activities |
|
|
23,452 |
|
|
|
41,438 |
|
Cash
Flows From Investing Activities |
|
|
|
|
|
|
Purchases of property, plant and equipment |
|
|
(6,257 |
) |
|
|
(8,076 |
) |
Net cash used in investing activities |
|
|
(6,257 |
) |
|
|
(8,076 |
) |
Cash
Flows From Financing Activities |
|
|
|
|
|
|
Payments of long-term debt |
|
|
(10,000 |
) |
|
|
(40,400 |
) |
Advances on line of credit |
|
|
10,000 |
|
|
|
15,000 |
|
Employee taxes paid for shares withheld |
|
|
(463 |
) |
|
|
(446 |
) |
Net cash used in financing activities |
|
|
(463 |
) |
|
|
(25,846 |
) |
Effect of
exchange rate changes on cash |
|
|
(11 |
) |
|
|
(28 |
) |
Net change
in cash, cash equivalents and restricted cash |
|
|
16,721 |
|
|
|
7,488 |
|
Cash, cash
equivalents and restricted cash beginning of period |
|
|
8,620 |
|
|
|
7,759 |
|
Cash, cash equivalents and restricted cash end of
period |
|
$ |
25,341 |
|
|
$ |
15,247 |
|
|
|
|
|
|
|
|
Cash and
cash equivalents |
|
$ |
25,341 |
|
|
$ |
14,592 |
|
Restricted
cash |
|
|
- |
|
|
|
655 |
|
Cash, cash equivalents and restricted cash end of
period |
|
$ |
25,341 |
|
|
$ |
15,247 |
|
|
|
|
|
|
|
|
Supplemental disclosure of cash flow
information |
|
|
|
|
|
|
Purchases of property, plant and equipment included in accounts
payable and accrued expenses |
|
$ |
126 |
|
|
$ |
655 |
|
Cash paid for interest |
|
|
167 |
|
|
|
1,578 |
|
Cash paid (received) for income taxes, net |
|
|
2,346 |
|
|
|
(2,271 |
) |
Tile Shop (NASDAQ:TTSH)
過去 株価チャート
から 9 2024 まで 10 2024
Tile Shop (NASDAQ:TTSH)
過去 株価チャート
から 10 2023 まで 10 2024