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Posted on Oct 06, 2024

1) Sales in FY 2019 will be $761.20. 2) Tax Rate is 25%. 3) Each item that changes with sales will be the five-year average

1) Sales in FY 2019 will be $761.20. 2) Tax Rate is 25%. 3) Each item that changes with sales will be the five-year average percentage of sales. 4) Property, Plant and Equipment - Gross will increase to $650. 5) The dividend will be $0.90 per share.

What is the DFN in 2019? Is this a surplus or deficit?

If you could show formulas for excel that would be perfect!

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Ethan Allen Interiors Inc. Income Statement (Industrial) All figures in millions of U.S. Dollar, except per share items Jun '18 Jun '17 Jun '16 Jun '15 Jun '14 Sales 766.784 763.385 794.202 754.600 746.659 Cost of Goods Sold (COGS) incl. D&A 350.820 343.662 351.966 343.437 340.163 Gross Income 415.964 419.723 442.236 411.163 406.496 SG&A Expense 367.097 361.773 353.057 345.229 336.860 EBIT (Operating Income) 48.867 57.950 89.179 65.934 69.636 Interest Expense 0.325 1.223 1.618 5.957 7.540 Other Income - Net 0.525 0.268 0.395 1.206 0.306 Unusual Expense - Net 0.000 0.000 0.000 4.500 0.000 Pretax Income 49.067 56.995 87.956 56.683 62.402 Income Taxes 12.696 20.801 31.319 19.541 19.471 Net Income 36.371 36.194 56.637 37.142 42.931 Actual Jun '19 746.684 337.193 409.491 357.164 52.327 0.087 0.000 18.380 33.860 8.162 25.698 0.96 26.75 EPS (recurring) EPS (diluted) Diluted Shares Outstanding Total Shares Outstanding Dividends per Share Payout Ratio 1.32 1.32 27.63 26.53 0.76 57.72 1.29 1.29 27.96 27.45 0.74 57.36 2.00 2.00 28.32 27.75 0.62 31.00 1.38 1.27 29.18 28.41 0.50 39.37 1.47 1.47 29.28 28.93 0.40 27.21 0.76 EBITDA EBIT Depreciation & Amortization Expense 68.70 48.87 19.83 78.07 57.95 20.12 108.53 89.18 19.35 85.08 65.93 19.14 87.57 69.64 17.93 71.93 33.95 19.60 Actual Jun '19 Ethan Allen Interiors Inc. Balance Sheet (Industrial) All figures in millions of U.S. Dollar, except per share items Jun '18 Jun '17 Jun '16 Jun '15 Jun '14 Assets Cash Only 22.363 57.701 52.659 76.182 109.176 Total Short Term Investments 0.000 0.000 0.000 2.198 18.153 Short-Term Receivables 12.364 12.293 9.467 12.547 12.426 Inventories 163.012 149.483 162.323 151.916 146.275 Other Current Assets 16.686 23.621 23.755 27.831 19.599 Total Current Assets 214.425 243.098 248.204 270.674 305.629 Property, Plant & Equipment - Gross 611.027 605.219 598.264 594.912 601.709 Accumulated Depreciation 343.124 335.021 324.649 317.877 313.553 Net Property. Plant & Equipment 267.903 270.198 273.615 277.035 288.156 Other Long-Term Assets 48.105 54.926 55.590 59.599 60.649 Total Assets 530.433 568.222 577.409 607.308 654.434 20.824 0.000 14.247 162.389 18.830 216.290 245.246 510.351 Liabilities & Shareholders' Equity ST Debt & Curr. Portion LT Debt 0.584 2.731 3.001 3.341 0.501 Accounts Payable 18.768 16.961 15.437 18.946 24.320 Other Current Liabilities 101.908 106.753 104.909 118.682 111.226 Total Current Liabilities 121.260 126.445 123.347 140.969 136.047 Long-Term Debt 1.096 11.608 38.837 74.227 130.411 Other Liabilities 24.207 29.273 23.023 21.577 20.509 Total Liabilities 146.563 167.326 185.207 236.773 286.967 Common Stock Par Carry Value 0.490 0.490 0.489 0.489 0.486 Additional Paid-In Capital Capital Surplus 376.950 377.550 374.972 370.914 365.733 Retained Earnings 669.013 661.976 646.315 607.079 584.395 Treasury Stock and Other Deductions from Equity 662.722 639.310 629.574 607.947 583.147 Total Shareholders' Equity 383.731 400.706 392.202 370.535 367.467 Total Liabilities & Shareholders' Equity 530.433 568.222 577.409 607.308 654.434 0.550 35.485 86.791 122.826 0.516 23.080 146.422 363.866 510.351 Ethan Allen Interiors Inc. Income Statement (Industrial) All figures in millions of U.S. Dollar, except per share items Jun '18 Jun '17 Jun '16 Jun '15 Jun '14 Sales 766.784 763.385 794.202 754.600 746.659 Cost of Goods Sold (COGS) incl. D&A 350.820 343.662 351.966 343.437 340.163 Gross Income 415.964 419.723 442.236 411.163 406.496 SG&A Expense 367.097 361.773 353.057 345.229 336.860 EBIT (Operating Income) 48.867 57.950 89.179 65.934 69.636 Interest Expense 0.325 1.223 1.618 5.957 7.540 Other Income - Net 0.525 0.268 0.395 1.206 0.306 Unusual Expense - Net 0.000 0.000 0.000 4.500 0.000 Pretax Income 49.067 56.995 87.956 56.683 62.402 Income Taxes 12.696 20.801 31.319 19.541 19.471 Net Income 36.371 36.194 56.637 37.142 42.931 Actual Jun '19 746.684 337.193 409.491 357.164 52.327 0.087 0.000 18.380 33.860 8.162 25.698 0.96 26.75 EPS (recurring) EPS (diluted) Diluted Shares Outstanding Total Shares Outstanding Dividends per Share Payout Ratio 1.32 1.32 27.63 26.53 0.76 57.72 1.29 1.29 27.96 27.45 0.74 57.36 2.00 2.00 28.32 27.75 0.62 31.00 1.38 1.27 29.18 28.41 0.50 39.37 1.47 1.47 29.28 28.93 0.40 27.21 0.76 EBITDA EBIT Depreciation & Amortization Expense 68.70 48.87 19.83 78.07 57.95 20.12 108.53 89.18 19.35 85.08 65.93 19.14 87.57 69.64 17.93 71.93 33.95 19.60 Actual Jun '19 Ethan Allen Interiors Inc. Balance Sheet (Industrial) All figures in millions of U.S. Dollar, except per share items Jun '18 Jun '17 Jun '16 Jun '15 Jun '14 Assets Cash Only 22.363 57.701 52.659 76.182 109.176 Total Short Term Investments 0.000 0.000 0.000 2.198 18.153 Short-Term Receivables 12.364 12.293 9.467 12.547 12.426 Inventories 163.012 149.483 162.323 151.916 146.275 Other Current Assets 16.686 23.621 23.755 27.831 19.599 Total Current Assets 214.425 243.098 248.204 270.674 305.629 Property, Plant & Equipment - Gross 611.027 605.219 598.264 594.912 601.709 Accumulated Depreciation 343.124 335.021 324.649 317.877 313.553 Net Property. Plant & Equipment 267.903 270.198 273.615 277.035 288.156 Other Long-Term Assets 48.105 54.926 55.590 59.599 60.649 Total Assets 530.433 568.222 577.409 607.308 654.434 20.824 0.000 14.247 162.389 18.830 216.290 245.246 510.351 Liabilities & Shareholders' Equity ST Debt & Curr. Portion LT Debt 0.584 2.731 3.001 3.341 0.501 Accounts Payable 18.768 16.961 15.437 18.946 24.320 Other Current Liabilities 101.908 106.753 104.909 118.682 111.226 Total Current Liabilities 121.260 126.445 123.347 140.969 136.047 Long-Term Debt 1.096 11.608 38.837 74.227 130.411 Other Liabilities 24.207 29.273 23.023 21.577 20.509 Total Liabilities 146.563 167.326 185.207 236.773 286.967 Common Stock Par Carry Value 0.490 0.490 0.489 0.489 0.486 Additional Paid-In Capital Capital Surplus 376.950 377.550 374.972 370.914 365.733 Retained Earnings 669.013 661.976 646.315 607.079 584.395 Treasury Stock and Other Deductions from Equity 662.722 639.310 629.574 607.947 583.147 Total Shareholders' Equity 383.731 400.706 392.202 370.535 367.467 Total Liabilities & Shareholders' Equity 530.433 568.222 577.409 607.308 654.434 0.550 35.485 86.791 122.826 0.516 23.080 146.422 363.866 510.351