← Sleep Number Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $11.6m | $3.7m | $1.6m | $1.6m | $4.2m | $1.8m | $1.8m | $2.5m | $1.9m | $1.7m | |
| Cash and cash equivalents | $3.7m | $1.6m | $1.6m | $1.6m | $4.2m | $2.4m | $2.5m | $1.9m | $1.9m | $1.7m | |
| Accounts receivable, net of allowances of $694 and $1,113, respectively | $19.3m | $24.8m | $20.0m | $20.0m | $31.9m | $25.7m | $26.9m | $17.5m | $17.5m | $15.5m | |
| Prepaid expenses | $17.6m | $8.0m | $15.3m | $15.3m | $20.8m | $19.0m | $16.7m | $14.6m | $14.6m | $13.7m | |
| Other current assets | $27.7m | $31.6m | $36.4m | $36.4m | $43.5m | $54.9m | $44.6m | $44.1m | $44.1m | $36.9m | |
| Inventory, Net | $75.0m | $84.3m | $84.9m | $87.1m | $81.4m | $81.4m | $114.0m | $115.4m | $103.2m | $82.2m | |
| Assets, Current | $138.3m | $152.5m | $150.9m | $160.4m | $181.8m | $197.8m | $197.8m | $206.1m | $181.3m | $150.0m | |
| Total current assets | $152.5m | $150.9m | $160.4m | $160.4m | $181.8m | $207.6m | $206.1m | $181.3m | $181.3m | $150.0m | |
| Property, Plant and Equipment, Net | $208.4m | $208.6m | $205.6m | $197.4m | $175.2m | $200.6m | $200.6m | $179.5m | $129.6m | $86.5m | |
| Goodwill | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | $64.0m | |
| Goodwill and intangible assets, net | $77.6m | $75.4m | $73.2m | $73.2m | $72.9m | $70.5m | $66.6m | $66.4m | $66.4m | $66.2m | |
| Operating Lease, Right-of-Use Asset | — | $300.0m | $300.0m | $327.0m | $314.2m | $314.2m | $397.8m | $395.4m | $356.6m | $311.7m | |
| Other Assets, Noncurrent | $25.0m | $30.5m | $38.2m | $48.0m | $56.0m | $81.8m | $81.8m | $83.0m | $93.3m | $65.3m | |
| Operating lease right-of-use assets | — | $0 | $327.0m | $327.0m | $314.2m | $371.1m | $395.4m | $356.6m | $356.6m | $311.7m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $19.7m | $19.3m | $24.8m | $20.0m | $31.9m | $26.0m | $26.0m | $26.9m | $17.5m | $15.5m | |
| Deferred income taxes | $2.6m | $4.8m | $3.8m | $3.8m | $242k | $688k | $20.3m | $33.6m | $33.6m | $399k | |
| Other non-current assets | $30.5m | $38.2m | $48.0m | $48.0m | $56.0m | $75.2m | $83.0m | $93.3m | $93.3m | $65.3m | |
| Borrowings under revolving credit facility | $24.5m | $199.6m | $231.0m | $231.0m | $244.2m | $382.5m | $539.5m | $546.6m | $546.6m | $588.2m | |
| Customer prepayments | $27.8m | $27.1m | $34.2m | $34.2m | $72.0m | $129.5m | $49.1m | $46.9m | $46.9m | $39.5m | |
| Compensation and benefits | $34.6m | $27.7m | $40.3m | $40.3m | $76.8m | $51.2m | $28.3m | $31.0m | $31.0m | $15.0m | |
| Taxes and withholding | $24.2m | $18.4m | $22.2m | $22.2m | $23.3m | $22.1m | $17.1m | $18.6m | $18.6m | $11.4m | |
| Operating lease liabilities | — | $0 | $298.1m | $298.1m | $283.1m | $336.2m | $351.4m | $307.2m | $307.2m | $273.1m | |
| Other current liabilities | $46.8m | $51.2m | $53.1m | $53.1m | $60.9m | $64.2m | $62.0m | $55.8m | $55.8m | $46.4m | |
| Other non-current liabilities | $76.3m | $86.2m | $68.8m | $68.8m | $84.8m | $100.8m | $105.3m | $97.2m | $97.2m | $72.9m | |
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Total shareholders’ deficit | $89.2m | ($109.5m) | ($159.4m) | ($159.4m) | ($224.0m) | ($425.0m) | ($441.9m) | ($451.6m) | ($451.6m) | ($578.5m) | |
| Assets | $457.2m | $471.8m | $470.1m | $806.0m | $800.1m | $953.9m | $953.9m | $950.9m | $860.8m | $680.1m | |
| Total assets | $513.4m | $471.8m | $470.1m | $806.0m | $800.1m | $800.1m | $919.5m | $950.9m | $860.8m | $680.1m | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | $59.6m | $59.6m | $62.1m | $79.5m | $79.5m | $81.8m | $82.3m | $81.2m | |
| Accounts Payable, Current | $105.4m | $129.2m | $144.8m | $134.6m | $91.9m | $91.9m | $176.2m | $135.9m | $107.6m | $118.0m | |
| Operating Lease, Liability, Noncurrent | — | — | $298.1m | $298.1m | $283.1m | $356.9m | $356.9m | $351.4m | $307.2m | $273.1m | |
| Accrued sales returns | $19.3m | $19.9m | $19.8m | $19.8m | $24.8m | $22.4m | $22.4m | $19.1m | $19.1m | $12.8m | |
| Liabilities, Current | $225.3m | $306.4m | $488.7m | $594.8m | $655.9m | $929.8m | $929.8m | $936.1m | $908.0m | $912.5m | |
| Total current liabilities | $306.4m | $488.7m | $594.8m | $594.8m | $655.9m | $906.8m | $936.1m | $908.0m | $908.0m | $912.5m | |
| Deferred Income Tax Liabilities, Net | — | — | — | $242k | $242k | $0 | $0 | — | — | — | |
| Other Liabilities, Noncurrent | $71.5m | $76.3m | $86.2m | $68.8m | $84.8m | $105.4m | $105.4m | $105.3m | $97.2m | $72.9m | |
| Deferred Tax Liabilities, Net | — | $4.8m | $4.8m | $3.8m | $242k | — | — | — | — | — | |
| Liabilities | $296.8m | $382.7m | $579.7m | $965.5m | $1.0b | $1.4b | $1.4b | $1.4b | $1.3b | $1.3b | |
| Total liabilities | $291.1m | $382.7m | $579.7m | $965.5m | $1.0b | $1.0b | $1.3b | $1.4b | $1.3b | $1.3b | |
| Total liabilities and shareholders’ deficit | $471.8m | $470.1m | $806.0m | $806.0m | $800.1m | $919.5m | $950.9m | $860.8m | $860.8m | $680.1m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $436k | $388k | $309k | $280k | $254k | $254k | $220k | $222k | $224k | $229k | |
| Retained Earnings (Accumulated Deficit) | $159.9m | $88.8m | ($109.9m) | ($159.7m) | ($224.2m) | ($443.6m) | ($443.6m) | ($458.9m) | ($479.2m) | ($611.2m) | |
| Additional Paid in Capital, Common Stock | $0 | $0 | $0 | $0 | $0 | $5.2m | $5.2m | $16.7m | $27.4m | $32.5m | |
| Undesignated preferred stock; 5,000 shares authorized, no shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value; 142,500 shares authorized, 22,860 and 22,388 shares issued and outstanding, respectively | 388k | 309k | 280k | 280k | 254k | 227k | 222k | 224k | 224k | 229k | |
| Additional paid-in capital | $0 | $0 | $0 | $0 | $0 | $4.0m | $16.7m | $27.4m | $27.4m | $32.5m | |
| Accumulated deficit | $88.8m | ($109.9m) | ($159.7m) | ($159.7m) | ($224.2m) | ($429.2m) | ($458.9m) | ($479.2m) | ($479.2m) | ($611.2m) | |
| Stockholders' Equity Attributable to Parent | $160.3m | $89.2m | ($109.5m) | ($159.4m) | ($224.0m) | ($438.2m) | ($438.2m) | ($441.9m) | ($451.6m) | ($578.5m) | |
| Liabilities and Equity | $457.2m | $471.8m | $470.1m | $806.0m | $800.1m | $953.9m | $953.9m | $950.9m | $860.8m | $680.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.