10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-21-025564 |
| Period End Date | 20210331 |
| Filing Date | 20210507 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | rvlv-10q_20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$15.73M | USD | Point-in-time |
| Property and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$14.65M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$146.01M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$182.91M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$4.62M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$6.58M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$95.27M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$100.45M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$15.39M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$10.69M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$20.33M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$26.14M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$331.48M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$276.93M | USD | Point-in-time |
| Property and equipment (net of accumulated depreciation of $15,735 and $14,652 as of March 31, 2021 and December 31, 2020, respectively) |
PropertyPlantAndEquipmentNet
|
$10.83M | USD | Point-in-time |
| Property and equipment (net of accumulated depreciation of $15,735 and $14,652 as of March 31, 2021 and December 31, 2020, respectively) |
PropertyPlantAndEquipmentNet
|
$11.21M | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.26M | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.23M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.04M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.04M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$500.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.85M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$11.39M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$13.81M | USD | Point-in-time |
| Total assets |
Assets
|
$359.82M | USD | Point-in-time |
| Total assets |
Assets
|
$305.75M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$39.34M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$49.69M | USD | Point-in-time |
| Income taxes payable |
TaxesPayableCurrent
|
$832.00K | USD | Point-in-time |
| Income taxes payable |
TaxesPayableCurrent
|
$195.00K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$25.75M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$24.73M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$37.47M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$25.60M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$20.98M | USD | Point-in-time |
| Returns reserve |
CustomerRefundLiabilityCurrent
|
$35.10M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$15.82M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$18.37M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$132.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$105.69M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$91.33M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$86.04M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$113.95M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$136.31M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$227.71M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$130.76M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$136.12M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$200.06M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$359.82M | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$305.75M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$178.91M | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$146.07M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$75.12M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$82.24M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$96.67M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$70.95M | USD | 1 Quarter |
| Fulfillment |
FulfillmentExpense
|
$4.37M | USD | 1 Quarter |
| Fulfillment |
FulfillmentExpense
|
$4.49M | USD | 1 Quarter |
| Selling and distribution |
SellingExpense
|
$21.78M | USD | 1 Quarter |
| Selling and distribution |
SellingExpense
|
$24.98M | USD | 1 Quarter |
| Marketing |
MarketingExpense
|
$26.23M | USD | 1 Quarter |
| Marketing |
MarketingExpense
|
$21.95M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$18.87M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$19.88M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$75.45M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$67.10M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$3.85M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$21.21M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$-233.00K | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$127.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$3.98M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$20.98M | USD | 1 Quarter |
| Benefit from income taxes |
IncomeTaxExpenseBenefit
|
$-1.27M | USD | 1 Quarter |
| Benefit from income taxes |
IncomeTaxExpenseBenefit
|
$-175.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.16M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.25M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.06 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.31 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.06 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.30 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
71.78M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
69.32M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
74.03M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
71.90M | shares | 1 Quarter |
Cash Flow Statement
53 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$4.16M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$22.25M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.19M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.15M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$976.00K | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$564.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$2.42M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.96M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-1.73M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$5.18M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-2.89M | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$4.70M | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$205.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$5.82M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-5.88M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$2.35M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-33.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$10.35M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$8.99M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$637.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-72.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$1.02M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-3.95M | USD | 1 Quarter |
| Returns reserve |
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
$-14.13M | USD | 1 Quarter |
| Returns reserve |
IncreaseDecreaseCustomerRefundLiabilityCurrent
|
$11.87M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$1.00M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$2.54M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$33.21M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$8.08M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$551.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$736.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-736.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-551.00K | USD | 1 Quarter |
| Proceeds from borrowings on line of credit |
ProceedsFromLinesOfCredit
|
$30.00M | USD | 1 Quarter |
| Proceeds from the exercise of stock options, net |
ProceedsFromStockOptionsExercised
|
$975.00K | 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
|
$30.98M | 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
|
$-344.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$38.16M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$36.89M | 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
|
$65.42M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$103.58M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$182.91M | 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
|
$65.42M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$103.58M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$182.91M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$25.00K | USD | 1 Quarter |
| Income taxes, net of refund |
IncomeTaxesPaidNet
|
$364.00K | USD | 1 Quarter |
| Income taxes, net of refund |
IncomeTaxesPaidNet
|
$101.00K | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$4.16M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$22.25M | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-344.00K | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$104.00K | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$104.00K | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-344.00K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.81M | 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.