LCUT: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, LCUT has $581,124K in assets. $12,125K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	12,125	12,045
Accounts receivable, less allowances of 15,636 at september30, 2025 and 14,093 at december31, 2024	127,827	89,554
Inventory	221,185	218,208
Prepaid expenses and other current assets	11,616	12,138
Income taxes receivable	2,215	5,036
Total current assets	374,968	336,981
Property and equipment, net	15,270	15,952
Operating lease right-of-use assets	51,777	55,363
Intangible assets, net	137,271	141,657
Other assets	1,838	1,924
Total assets	581,124	551,877

Current maturity of term loan	4,987	4,952
Accounts payable	49,786	52,528
Accrued expenses	67,495	53,419
Income taxes payable	0	0
Current portion of operating lease liabilities	16,277	16,027
Total current liabilities	138,545	126,926
Other long-term liabilities	15,720	15,947
Income taxes payable, long-term	706	706
Operating lease liabilities	46,154	50,604
Deferred income taxes	5,747	5,787
Revolving credit facility	62,411	37,683
Term loan	127,196	128,456
Preferred stock, 1.00 par value, shares authorized 100 shares of series a and 2,000,000 shares of series b none issued and outstanding	0	0
Common stock, 0.01 par value, shares authorized 50,000,000 at september30, 2025 and december31, 2024 shares issued and outstanding 22,657,435 at september30, 2025 and 22,155,735 at december31, 2024	227	227
Paid-in capital	283,248	282,252
Accumulated deficit	-80,610	-78,426
Accumulated other comprehensive loss	-18,220	-18,285
Total stockholders equity	184,645	185,768
Total liabilities and stockholders equity	581,124	551,877