10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-23-017245 |
| Period End Date | 20230331 |
| Filing Date | 20230503 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | rvlv-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$13.08M | USD | Point-in-time |
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$14.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$283.32M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$234.72M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$8.08M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$5.42M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$215.22M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$190.15M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$978.00K | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$2.97M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$59.87M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$64.80M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$547.33M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$518.22M | USD | Point-in-time |
| Property and equipment (net of accumulated depreciation of $14,260 and $13,081 as of March 31, 2023 and December 31, 2022, respectively) |
PropertyPlantAndEquipmentNet
|
$8.93M | USD | Point-in-time |
| Property and equipment (net of accumulated depreciation of $14,260 and $13,081 as of March 31, 2023 and December 31, 2022, respectively) |
PropertyPlantAndEquipmentNet
|
$8.77M | USD | Point-in-time |
| Right-of-use lease assets |
OperatingLeaseRightOfUseAsset
|
$41.56M | USD | Point-in-time |
| Right-of-use lease assets |
OperatingLeaseRightOfUseAsset
|
$22.96M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.70M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.60M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.04M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.04M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$807.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.25M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$24.75M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$24.75M | USD | Point-in-time |
| Total assets |
Assets
|
$627.40M | USD | Point-in-time |
| Total assets |
Assets
|
$579.32M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$50.79M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$49.10M | USD | Point-in-time |
| Income taxes payable |
TaxesPayableCurrent
|
$2.60M | USD | Point-in-time |
| Income taxes payable |
TaxesPayableCurrent
|
$229.00K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$35.52M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$38.27M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$63.38M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$49.30M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$69.63M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$73.92M | USD | Point-in-time |
| Current lease liabilities |
OperatingLeaseLiabilityCurrent
|
$5.84M | USD | Point-in-time |
| Current lease liabilities |
OperatingLeaseLiabilityCurrent
|
$4.43M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$26.69M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$22.58M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$181.09M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$192.26M | USD | Point-in-time |
| Non-current lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$39.20M | USD | Point-in-time |
| Non-current lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$18.66M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$199.75M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$231.46M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$111.78M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$110.34M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$284.09M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$269.16M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$395.94M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$340.50M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$317.01M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$379.57M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$627.40M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$579.32M | 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
|
$279.61M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$140.39M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$129.09M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$154.41M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$139.22M | USD | 1 Quarter |
| Fulfillment |
FulfillmentExpense
|
$9.07M | USD | 1 Quarter |
| Fulfillment |
FulfillmentExpense
|
$7.29M | USD | 1 Quarter |
| Selling and distribution |
SellingExpense
|
$46.59M | USD | 1 Quarter |
| Selling and distribution |
SellingExpense
|
$51.46M | USD | 1 Quarter |
| Marketing |
MarketingExpense
|
$45.25M | USD | 1 Quarter |
| Marketing |
MarketingExpense
|
$38.34M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$26.84M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$28.09M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$125.96M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$126.96M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$28.45M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$12.26M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$516.00K | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$6.58M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$28.97M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$18.84M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$4.67M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$6.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.57M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.19 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.31 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.19 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.30 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
73.26M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
73.37M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
74.38M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
74.80M | shares | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$14.17M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$22.57M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.22M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.10M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$1.49M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$1.28M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.66M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$6.75M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-25.07M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$7.99M | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-2.91M | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-2.00M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$16.01M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$4.92M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$442.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$361.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-1.69M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$20.78M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.76M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.37M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-2.75M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$6.72M | USD | 1 Quarter |
| Returns reserve |
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
$10.54M | USD | 1 Quarter |
| Returns reserve |
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
$20.33M | 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
|
$-534.00K | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$4.11M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$6.29M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$48.83M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$53.80M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.15M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.07M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.07M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.15M | 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
|
$161.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$126.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$161.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$755.00K | 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
|
$48.60M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$52.15M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$218.46M | 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
|
$283.32M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$234.72M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$218.46M | 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
|
$283.32M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$234.72M | USD | Point-in-time |
| Income taxes, net of refund |
IncomeTaxesPaidNet
|
$713.00K | USD | 1 Quarter |
| Income taxes, net of refund |
IncomeTaxesPaidNet
|
$255.00K | USD | 1 Quarter |
| Operating leases |
OperatingLeasePayments
|
$1.37M | USD | 1 Quarter |
| Operating leases |
OperatingLeasePayments
|
$1.79M | USD | 1 Quarter |
| Lease assets obtained in exchange for new operating lease liabilities |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$11.11M | USD | 1 Quarter |
| Lease assets obtained in exchange for new operating lease liabilities |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$20.45M | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$14.17M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.57M | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$755.00K | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-701.00K | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$755.00K | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-701.00K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$21.87M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$14.93M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.