| Balance Sheets | 2025-09-28 | 2025-06-29 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 810 | 227 | ||
| Due from factor | 16,119 | 14,406 | ||
| Other | 2,314 | 2,798 | ||
| Inventory, net | 32,582 | 31,572 | ||
| Prepaid expenses | 2,264 | 2,239 | ||
| Total current assets | 54,089 | 51,242 | ||
| Operating lease right of use assets | 10,265 | 11,250 | ||
| Machinery and equipment | - | 5,979 | ||
| Leasehold improvements | - | 562 | ||
| Furniture and fixtures | - | 518 | ||
| Property, plant and equipment - gross | - | 7,059 | ||
| Less accumulated depreciation | - | 5,235 | ||
| Property, plant and equipment - net of accumulated depreciation of 5,426 and 5,037, respectively | 1,825 | 1,824 | ||
| Other finite-lived intangible assets | - | 9,716 | ||
| Customer relationships | - | 8,174 | ||
| Finite-lived intangible assets - gross | - | 17,890 | ||
| Less accumulated amortization | - | 11,054 | ||
| Intangible assets - net of accumulated amortization of 11,241 and 10,840, respectively | 6,649 | 6,836 | ||
| Deferred income taxes | 4,487 | 4,721 | ||
| Other assets | 150 | 150 | ||
| Total assets | 77,465 | 76,023 | ||
| Accounts payable | 8,907 | 8,393 | ||
| Accrued wages and benefits | - | 1,115 | ||
| Accrued royalties | 266 | 797 | ||
| Other accrued liabilities | - | 523 | ||
| Dividends payable | 892 | 890 | ||
| Operating lease liabilities, current | 4,031 | 4,089 | ||
| Accrued liabilities | 1,158 | - | ||
| Current maturities of long-term debt | 1,990 | 1,990 | ||
| Total current liabilities | 17,244 | 17,797 | ||
| Long-term debt | 14,352 | 11,890 | ||
| Operating lease liabilities, noncurrent | 7,086 | 8,048 | ||
| Reserve for unrecognized tax liabilities | 426 | 419 | ||
| Total non-current liabilities | 21,864 | 20,357 | ||
| Common stock - 0.01 par value per share authorized 40,000,000 shares at september 28, 2025 and march 30, 2025 issued 13,616,749 shares at september 28, 2025 and 13,478,402 shares at march 30, 2025 | 136 | 135 | ||
| Additional paid-in capital | 59,026 | 58,837 | ||
| Treasury stock - at cost - 2,913,962 shares at september 28, 2025 and 2,910,859 shares at march 30, 2025 | 15,889 | 15,880 | ||
| Retained earnings (accumulated deficit) | -4,916 | -5,223 | ||
| Total shareholders' equity | 38,357 | 37,869 | ||
| Total liabilities and shareholders' equity | 77,465 | 76,023 | ||
CROWN CRAFTS INC (CRWS)
CROWN CRAFTS INC (CRWS)