10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-22-007103 |
| Period End Date | 20220331 |
| Filing Date | 20220503 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | rvlv-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$9.35M | USD | Point-in-time |
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$10.42M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$218.46M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$270.61M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$11.39M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$4.64M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$179.25M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$171.26M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$466.00K | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$3.38M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$58.13M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$42.11M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$519.83M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$439.84M | USD | Point-in-time |
| Property and equipment (net of accumulated depreciation of $10,418 and $9,347 as of March 31, 2022 and December 31, 2021, respectively) |
PropertyPlantAndEquipmentNet
|
$8.87M | USD | Point-in-time |
| Property and equipment (net of accumulated depreciation of $10,418 and $9,347 as of March 31, 2022 and December 31, 2021, respectively) |
PropertyPlantAndEquipmentNet
|
$8.95M | USD | Point-in-time |
| Right-of-use lease assets |
OperatingLeaseRightOfUseAsset
|
$16.62M | USD | Point-in-time |
| Right-of-use lease assets |
OperatingLeaseRightOfUseAsset
|
$6.57M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.26M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.21M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.04M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.04M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$3.11M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.75M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$19.06M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$19.06M | USD | Point-in-time |
| Total assets |
Assets
|
$480.41M | USD | Point-in-time |
| Total assets |
Assets
|
$570.78M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$54.34M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$75.13M | USD | Point-in-time |
| Income taxes payable |
TaxesPayableCurrent
|
$2.76M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$40.62M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$33.90M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$49.30M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$37.47M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$69.63M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$25.60M | USD | Point-in-time |
| Current lease liabilities |
OperatingLeaseLiabilityCurrent
|
$3.77M | USD | Point-in-time |
| Current lease liabilities |
OperatingLeaseLiabilityCurrent
|
$3.83M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$25.21M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$18.92M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$160.22M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$217.17M | USD | Point-in-time |
| Non-current lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$3.18M | USD | Point-in-time |
| Non-current lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$13.11M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$230.28M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$163.40M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$103.59M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$105.21M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$235.22M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$213.35M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$317.01M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$200.06M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$227.71M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$340.50M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$480.41M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$570.78M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$283.50M | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$178.91M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$129.09M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$82.24M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$96.67M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$154.41M | USD | 1 Quarter |
| Fulfillment |
FulfillmentExpense
|
$7.29M | USD | 1 Quarter |
| Fulfillment |
FulfillmentExpense
|
$4.37M | USD | 1 Quarter |
| Selling and distribution |
SellingExpense
|
$46.59M | USD | 1 Quarter |
| Selling and distribution |
SellingExpense
|
$24.98M | USD | 1 Quarter |
| Marketing |
MarketingExpense
|
$26.23M | USD | 1 Quarter |
| Marketing |
MarketingExpense
|
$45.25M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$19.88M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$26.84M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$75.45M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$125.96M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$21.21M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$28.45M | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$516.00K | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$-233.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$20.98M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$28.97M | USD | 1 Quarter |
| Provision for (benefit from) income taxes |
IncomeTaxExpenseBenefit
|
$6.40M | USD | 1 Quarter |
| Provision for (benefit from) income taxes |
IncomeTaxExpenseBenefit
|
$-1.27M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.25M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.57M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.31 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.31 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.30 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.30 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
71.78M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
73.26M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
74.03M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
74.80M | shares | 1 Quarter |
Cash Flow Statement
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$22.57M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$22.25M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.15M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$1.49M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$976.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$2.42M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$6.75M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.96M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$5.18M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$7.99M | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$4.70M | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-2.91M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$5.81M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$16.01M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$2.35M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$361.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$10.35M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$20.78M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$637.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.76M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$6.72M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$1.02M | USD | 1 Quarter |
| Returns reserve |
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
$20.33M | USD | 1 Quarter |
| Returns reserve |
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
$11.87M | USD | 1 Quarter |
| Right-of-use lease assets and current and non-current lease liabilities |
RightOfUseLeaseAssetsAndCurrentAndNonCurrentLeaseLiabilities
|
$52.00K | USD | 1 Quarter |
| Right-of-use lease assets and current and non-current lease liabilities |
RightOfUseLeaseAssetsAndCurrentAndNonCurrentLeaseLiabilities
|
$222.00K | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$6.29M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$2.77M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$33.21M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$53.80M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$736.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.07M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-736.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.07M | USD | 1 Quarter |
| Proceeds from the exercise of stock options, net |
ProceedsFromStockOptionsExercised
|
$126.00K | USD | 1 Quarter |
| Proceeds from the exercise of stock options, net |
ProceedsFromStockOptionsExercised
|
$4.32M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$4.32M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$126.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$104.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-701.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$36.89M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$52.15M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$146.01M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$270.61M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$182.91M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$218.46M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$146.01M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$270.61M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$182.91M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$218.46M | USD | Point-in-time |
| Income taxes, net of refund |
IncomeTaxesPaidNet
|
$364.00K | USD | 1 Quarter |
| Income taxes, net of refund |
IncomeTaxesPaidNet
|
$713.00K | USD | 1 Quarter |
| Operating leases |
OperatingLeasePayments
|
$1.37M | USD | 1 Quarter |
| Operating leases |
OperatingLeasePayments
|
$1.40M | USD | 1 Quarter |
| Lease assets obtained in exchange for new operating lease liabilities |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$1.44M | USD | 1 Quarter |
| Lease assets obtained in exchange for new operating lease liabilities |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$11.11M | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$22.25M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.57M | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$104.00K | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-701.00K | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$-701.00K | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$104.00K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$21.87M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$22.36M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.