Arhaus 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
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders’ Equity (unaudited)
Arhaus, Inc. and SubsidiariesCondensed Consolidated Statements of Changes in Stockholders’ Equity(Unaudited, amounts in thousands)
| Six Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · Total Stockholders’Equity | |||||||||
| Class A · Class B · Class A | |||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Retained Earnings | AdditionalPaid-in Capital | Total Stockholders’ Equity | |
| Balances as of December 31, 2023 | 52,669 | $52 | 87,116 | $87 | 84 | $— | $145,292 | $194,807 | $340,238 |
| Net income | — | — | — | — | — | — | 37,333 | — | 37,333 |
| Shareholder capital contribution | — | — | — | — | — | — | — | 17 | 17 |
| Equity based compensation | 362 | 1 | — | — | — | — | — | 3,350 | 3,351 |
| Shares withheld to cover employees’ withholding taxes for equity based compensation | (37) | — | — | — | 37 | — | — | (548) | (548) |
| Dividends declared | — | — | — | — | — | — | (71,081) | — | (71,081) |
| Balances as of June 30, 2024 | 52,994 | $53 | 87,116 | $87 | 121 | $— | $111,544 | $197,626 | $309,310 |
| Six Months Ended | |||||||||
| Common Stock · Treasury Stock · Total Stockholders’Equity | |||||||||
| Class A · Class B · Class A | |||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Retained Earnings | AdditionalPaid-in Capital | Total Stockholders’ Equity | |
| Balances as of December 31, 2022 | 51,437 | $51 | 87,116 | $87 | — | $— | $20,053 | $189,504 | $209,695 |
| Net income | — | — | — | — | — | — | 74,282 | — | 74,282 |
| Shareholder capital contribution | — | — | — | — | — | — | — | 30 | 30 |
| Equity based compensation | 933 | 1 | — | — | — | — | — | 3,903 | 3,904 |
| Shares withheld to cover employees’ withholding taxes for equity based compensation | (25) | — | — | — | 25 | — | — | (347) | (347) |
| Balances as of June 30, 2023 | 52,345 | $52 | 87,116 | $87 | 25 | $— | $94,335 | $193,090 | $287,564 |
Arhaus, Inc. and SubsidiariesCondensed Consolidated Statements of Changes in Stockholders’ Equity (continued)(Unaudited, amounts in thousands)
| Three Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · Total Stockholders’Equity | |||||||||
| Class A · Class B · Class A | |||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Retained Earnings | AdditionalPaid-in Capital | Total Stockholders’ Equity | |
| Balances as of March 31, 2024 | 52,761 | $53 | 87,116 | $87 | 121 | $— | $89,206 | $196,301 | $285,647 |
| Net income | — | — | — | — | — | — | 22,234 | — | 22,234 |
| Shareholder capital contribution | — | — | — | — | — | — | — | 6 | 6 |
| Equity based compensation | 233 | — | — | — | — | — | — | 1,327 | 1,327 |
| Shares withheld to cover employees' withholding taxes for equity based compensation | — | — | — | — | — | — | — | (8) | (8) |
| Dividends declared | — | — | — | — | — | — | 104 | — | 104 |
| Balances as of June 30, 2024 | 52,994 | $53 | 87,116 | $87 | 121 | $— | $111,544 | $197,626 | $309,310 |
| Three Months Ended | |||||||||
| Common Stock · Treasury Stock · Total Stockholders’Equity | |||||||||
| Class A · Class B · Class A | |||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Retained Earnings | AdditionalPaid-in Capital | Total Stockholders’ Equity | |
| Balances as of March 31, 2023 | 52,216 | $52 | 87,116 | $87 | 25 | $— | $54,152 | $190,803 | $245,094 |
| Net income | — | — | — | — | — | — | 40,183 | — | 40,183 |
| Shareholder capital contribution | — | — | — | — | — | — | — | 13 | 13 |
| Equity based compensation | 129 | — | — | — | — | — | — | 2,274 | 2,274 |
| Balances as of June 30, 2023 | 52,345 | $52 | 87,116 | $87 | 25 | $— | $94,335 | $193,090 | $287,564 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.