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A.C. Moore Arts & Crafts, Inc.
Business Summary
A.C. Moore Arts & Crafts, Inc. is a privately-held specialty retailer that specializes in arts, crafts and floral merchandise. A.C. Moore Arts & Crafts, Inc. was founded in 1985. A.C. Moore Arts & Crafts, Inc. headquarters are located in Berlin, New Jersey.
Overview & Corporate Organization
Basic Information
| Year Founded: | 1985 |
| Fiscal Year End: | 01/02 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| City: | Berlin |
| State/Province: | New Jersey |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.acmoore.com |
Corporate Organization
| Parent Companies: |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Consumer Products > Crafts & Handmade Goods |
| Retail > Hobby & Recreation Supplies Retail > Arts, Crafts & Hobby Stores |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
| Net Sales Revenue | View | View | View | View | View | $539,436,000 | $497,626,000 | $433,928,000 | $393,392,000 | $332,413,000 | $262,057,000 | $222,998,000 | $187,005,000 | $138,056,000 |
| Cost of Goods and Services Sold | View | View | View | View | View | $328,565,000 | $299,872,000 | $272,034,000 | $244,601,000 | $208,315,000 | $165,850,000 | $143,078,000 | $118,727,000 | $86,827,000 |
| Gross Profit | View | View | View | View | View | $210,871,000 | $197,754,000 | $161,894,000 | $148,791,000 | $124,098,000 | $96,207,000 | $79,920,000 | $68,278,000 | $51,229,000 |
| Selling, General and Administrative Expenses | View | View | View | View | View | $192,878,000 | $166,485,000 | $131,890,000 | $122,984,000 | $105,447,000 | $83,516,000 | $70,336,000 | $60,214,000 | $41,971,000 |
| Restructuring Charges | View | View | $0 | $0 | ||||||||||
| Pre - Opening Costs | View | View | View | View | View | $3,459,000 | $4,036,000 | $2,842,000 | $2,884,000 | $2,518,000 | $1,928,000 | $609,000 | $2,234,000 | $1,477,000 |
| Operating Income/(Loss) | View | View | View | View | View | $14,534,000 | $27,233,000 | $27,162,000 | $22,923,000 | $16,133,000 | $10,763,000 | $8,975,000 | $5,830,000 | $7,781,000 |
| Interest Expense | View | View | View | View | View | $1,234,000 | $380,000 | $92,000 | $277,000 | $781,000 | $345,000 | $172,000 | $66,000 | $631,000 |
| Interest Income | View | View | View | View | View | $784,000 | $543,000 | $496,000 | $750,000 | $106,000 | $158,000 | $211,000 | $471,000 | $202,000 |
| Income/(Loss) from Continuing Operations Before Income Taxes | View | View | View | View | View | $14,084,000 | $27,396,000 | $27,566,000 | $23,396,000 | $15,458,000 | $10,576,000 | $9,014,000 | $6,235,000 | $7,352,000 |
| Provision for Income Taxes | View | View | View | View | View | $5,183,000 | $10,548,000 | $10,532,000 | $9,188,000 | $5,951,000 | $4,019,000 | $3,350,000 | $2,300,000 | $3,360,000 |
| Net Income (Loss) | View | View | View | View | View | $8,901,000 | $16,848,000 | $17,034,000 | $14,208,000 | $9,507,000 | $6,557,000 | $5,664,000 | $3,935,000 | $3,992,000 |
| Net Income Pro Forma Before Adjustment | $7,352,000 | |||||||||||||
| Pro-Forma Adjustment | ($2,921,000) | |||||||||||||
| Total Net Income Pro Forma | $4,431,000 |
| Balance Sheet | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
| Cash and Cash Equivalents | View | View | View | View | View | $57,748,000 | $48,428,000 | $43,700,000 | $61,584,000 | $10,818,000 | $10,310,000 | $14,553,000 | $9,475,000 |
| Current Marketable Securities | $5,224,000 | $17,558,000 | $0 | $3,894,000 | |||||||||
| Net Accounts Receivable Trade | $1,858,000 | $703,000 | $830,000 | $491,000 | $869,000 | ||||||||
| Net Income Taxes Receivable | View | ||||||||||||
| Net Inventories | View | View | View | View | View | $152,646,000 | $142,832,000 | $121,493,000 | $102,497,000 | $85,674,000 | $72,786,000 | $59,327,000 | $54,379,000 |
| Current Deferred Income Taxes | View | View | View | View | View | $734,000 | $2,673,000 | $0 | |||||
| Prepaid Income Taxes | View | View | View | ||||||||||
| Other Prepaid Expenses | View | View | View | ||||||||||
| Prepaid Expenses | View | View | $6,900,000 | $7,655,000 | $2,962,000 | $871,000 | $823,000 | $1,222,000 | $903,000 | $1,080,000 | |||
| Current Assets | View | View | View | View | View | $223,252,000 | $219,146,000 | $168,155,000 | $166,810,000 | $98,018,000 | $85,148,000 | $75,274,000 | $69,697,000 |
| Net Property, Plant and Equipment | View | View | View | View | View | $88,098,000 | $83,219,000 | $51,075,000 | $27,997,000 | $24,969,000 | $21,517,000 | $14,711,000 | $12,059,000 |
| Noncurrent Marketable Securities | $14,132,000 | $0 | |||||||||||
| Noncurrent Other Assets | View | View | View | View | View | $1,407,000 | $1,747,000 | $1,801,000 | $1,851,000 | $824,000 | $727,000 | $632,000 | $601,000 |
| Assets | View | View | View | View | View | $312,757,000 | $304,112,000 | $235,163,000 | $196,658,000 | $123,811,000 | $107,392,000 | $90,617,000 | $82,357,000 |
| Accounts Payable - Trade | View | View | View | View | View | $46,445,000 | $50,256,000 | $33,558,000 | $24,253,000 | $23,322,000 | $26,237,000 | $20,224,000 | $20,176,000 |
| Accrued Expenses - Other | View | View | View | View | View | ||||||||
| Accrued Salaries | View | View | |||||||||||
| Employee Related Liabilities | View | View | View | $3,928,000 | $3,706,000 | $4,501,000 | $5,737,000 | $5,098,000 | $3,822,000 | $3,019,000 | $2,888,000 | ||
| Other Accrued Expenses | View | View | View | View | View | $10,044,000 | $8,573,000 | $10,015,000 | $8,326,000 | $7,247,000 | $4,274,000 | $3,005,000 | $3,321,000 |
| Income Taxes Payable | $1,679,000 | $3,626,000 | $6,826,000 | $3,341,000 | $4,600,000 | $3,258,000 | $2,032,000 | $241,000 | |||||
| Short-Term Borrowings - Other | View | ||||||||||||
| Total Short-Term Borrowings | View | View | View | ||||||||||
| Current Portion of Long-Term Debt | View | $2,571,000 | $2,571,000 | $504,000 | |||||||||
| Current Capital Lease Obligations | $153,000 | $369,000 | $350,000 | ||||||||||
| Current Debt and Capital Lease Obligations | $1,342,000 | $1,329,000 | $389,000 | ||||||||||
| Current Other Liabilities | View | View | |||||||||||
| Current Liabilities | View | View | View | View | View | $64,820,000 | $68,732,000 | $55,404,000 | $42,999,000 | $41,596,000 | $37,980,000 | $28,649,000 | $26,976,000 |
| Long-Term Debt | View | View | $24,215,000 | $26,786,000 | $0 | ||||||||
| Capital Lease Obligations - Long-Term | $17,174,000 | $1,568,000 | |||||||||||
| Debt and Capital Lease Obligations - Long-Term | $504,000 | $1,845,000 | $812,000 | $1,199,000 | |||||||||
| Deferred Tax Liability | View | View | View | View | View | $8,039,000 | $8,584,000 | $3,977,000 | $5,150,000 | $3,427,000 | $2,320,000 | $1,720,000 | $981,000 |
| Noncurrent Other Accrued Expenses | View | View | View | View | View | $13,795,000 | $10,523,000 | ||||||
| Noncurrent Other Liabilities | $3,974,000 | $3,216,000 | $2,599,000 | $2,077,000 | $1,661,000 | ||||||||
| Noncurrent Liabilities | View | View | View | View | View | $49,428,000 | $49,165,000 | $14,500,000 | $9,628,000 | $8,488,000 | $5,731,000 | $4,996,000 | $4,210,000 |
| Liabilities | View | View | View | View | View | $114,248,000 | $117,897,000 | $69,904,000 | $52,627,000 | $50,084,000 | $43,711,000 | $33,645,000 | $31,186,000 |
| Preferred Stock - Value (Excluding Additional Paid in Capital) | View | View | View | View | View | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock - Value (Excluding Additional Paid in Capital) | View | View | View | View | View | $111,383,000 | $109,131,000 | $105,023,000 | $99,654,000 | $43,807,000 | $43,268,000 | $43,116,000 | $42,979,000 |
| Retained Earnings | View | View | View | View | View | $87,126,000 | $77,084,000 | $60,236,000 | $44,377,000 | $29,920,000 | $20,413,000 | $13,856,000 | $8,192,000 |
| Other Accumulated Comprehensive Income, Net of Tax Effect | View | View | |||||||||||
| Stockholders' Equity | View | View | View | View | View | $198,509,000 | $186,215,000 | $165,259,000 | $144,031,000 | $73,727,000 | $63,681,000 | $56,972,000 | $51,171,000 |
| Liabilities and Stockholders' Equity | View | View | View | View | View | $312,757,000 | $304,112,000 | $235,163,000 | $196,658,000 | $123,811,000 | $107,392,000 | $90,617,000 | $82,357,000 |
| Cash Flow Statement | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
| Operating Activities Beginning Net Income | View | View | View | View | View | $8,901,000 | $16,848,000 | $17,034,000 | $14,208,000 | $9,507,000 | $6,557,000 | $5,664,000 | $3,935,000 | $3,992,000 |
| Depreciation and Amortization | View | View | View | View | View | $10,769,000 | $8,967,000 | $7,178,000 | $6,330,000 | $5,220,000 | $3,829,000 | $2,899,000 | $2,202,000 | $1,461,000 |
| Employee Stock Option Plan (ESOP) and Restricted Stock Expense | $300,000 | $0 | $102,000 | $137,000 | $150,000 | $39,000 | ||||||||
| Total Adjustments to Provision for Doubtful Accounts | View | ($1,327,000) | $1,934,000 | ($371,000) | $1,561,000 | $1,107,000 | ||||||||
| Asset Impairment Charges | View | View | View | View | View | |||||||||
| Adjustment for Equity Based Compensation Expense | View | View | View | View | View | $0 | $0 | |||||||
| Adjustment Realized Gains Losses On Sale Asset | View | View | View | View | View | $438,000 | $0 | $0 | ||||||
| Deferred Income Taxes | View | View | View | View | $600,000 | $739,000 | $151,000 | $830,000 | ||||||
| Noncash Expenses - Other | $2,526,000 | |||||||||||||
| Change Accounts Receivable | ($127,000) | $339,000 | ($378,000) | $738,000 | ($31,000) | |||||||||
| Change Income Taxes Receivable | View | View | View | View | View | $0 | ||||||||
| Increase/(Decrease) in Inventories | View | View | View | View | View | $7,830,000 | $21,339,000 | $18,996,000 | $16,823,000 | $12,888,000 | $13,459,000 | $4,948,000 | $17,357,000 | $11,767,000 |
| Change Prepaid Expenses Other Current Assets | View | View | View | View | View | ($755,000) | $4,693,000 | $233,000 | $751,000 | ($399,000) | $319,000 | ($177,000) | $177,000 | $542,000 |
| Increase/(Decrease) in Deferred Charges | ($2,671,000) | |||||||||||||
| Increase/(Decrease) in Other Non-operating Assets | ($3,000) | $95,000 | ||||||||||||
| Increase/(Decrease) in Accounts Payable | View | View | View | View | View | |||||||||
| Change Other Accrued Expenses | View | View | View | View | ||||||||||
| Increase/(Decrease) in Accrued Expenses | View | $3,532,000 | $3,272,000 | |||||||||||
| Other Increase/(Decrease) in Accounts Payable and Accrued Expenses | ($2,118,000) | $14,461,000 | ||||||||||||
| Increase/(Decrease) in Accounts Payable and Accrued Expenses | $9,758,000 | $2,649,000 | $1,334,000 | $8,085,000 | $2,582,000 | $6,745,000 | $7,166,000 | |||||||
| Increase/(Decrease) in Income Taxes Payable | View | View | View | View | View | $1,160,000 | ($897,000) | $6,135,000 | $682,000 | $1,342,000 | $1,226,000 | $1,791,000 | $241,000 | $0 |
| Increase/(Decrease) in Employee Related Liabilities | View | View | View | View | View | |||||||||
| Increase/(Decrease) in Other Non-operating Liabilities | $617,000 | $522,000 | $416,000 | $431,000 | $283,000 | |||||||||
| Net Other Increase/(Decrease) in Working Capital | View | View | View | View | View | ($340,000) | $58,000 | ($51,000) | $1,026,000 | $27,000 | $28,000 | $41,000 | ||
| Net Cash Flows Provided By/(Used In) Operating Activities | View | View | View | View | View | $14,620,000 | $18,495,000 | $23,227,000 | $9,656,000 | $6,768,000 | $6,709,000 | $9,808,000 | ($4,445,000) | $1,452,000 |
| Purchase of Property, Plant and Equipment | View | View | View | View | View | $16,086,000 | $40,999,000 | $28,356,000 | $11,168,000 | $8,672,000 | $10,635,000 | $5,526,000 | $4,682,000 | $4,002,000 |
| Proceeds Sale Marketable Securities | View | $22,570,000 | $686,000 | $0 | $3,865,000 | $4,004,000 | $0 | |||||||
| Increase Decrease Marketable Securities | View | ($10,236,000) | ($4,112,000) | ($14,132,000) | $0 | $0 | ($3,950,000) | ($4,004,000) | ||||||
| Net Cash Flows Provided By/(Used In) Investing Activities | View | View | View | View | View | ($3,752,000) | ($44,425,000) | ($42,488,000) | ($11,168,000) | ($8,672,000) | ($1,661,000) | ($4,628,000) | ($8,006,000) | |
| Net Increase/(Decrease) in Bank Overdrafts | ($2,719,000) | $2,719,000 | $0 | |||||||||||
| Proceeds from Lines of Credit | View | View | View | View | $2,000,000 | $20,250,000 | $9,750,000 | $9,500,000 | ||||||
| Proceeds from Short-Term Borrowings | $3,606,000 | $0 | ||||||||||||
| Repayments on Lines of Credit | $2,000,000 | $20,250,000 | $9,750,000 | $9,500,000 | ||||||||||
| Repayments of Short-Term Borrowings | $3,606,000 | $0 | ||||||||||||
| Net Change Line Credit | View | |||||||||||||
| Proceeds from Capital Lease Obligations | $2,791,000 | |||||||||||||
| Proceeds from Related Party Debt | $3,705,000 | |||||||||||||
| Net Proceeds from Issuance of Long-Term Debt and Capital Securities | $30,000,000 | $0 | $0 | |||||||||||
| Reduction of Capital Lease Obligations | $504,000 | $1,342,000 | $1,328,000 | $818,000 | $6,000 | $8,510,000 | ||||||||
| Repayments of Related Party Debt | $14,800,000 | |||||||||||||
| Repayments Debt | View | View | View | View | ||||||||||
| Repayments of Long-Term Debt and Capital Securities | View | $2,571,000 | $643,000 | $0 | $0 | |||||||||
| Excess Tax Benefit Stock Option Exercised | View | View | View | View | View | $0 | $0 | |||||||
| Proceeds from Issuance of Common Stock | View | View | View | View | $52,125,000 | $0 | $0 | $42,590,000 | ||||||
| Proceeds from Stock Options Exercised | View | View | View | View | View | $1,023,000 | $1,805,000 | $2,719,000 | $1,481,000 | $439,000 | $50,000 | $0 | $0 | |
| Payment of Dividends | $7,027,000 | |||||||||||||
| Cash Provided by/(Used in) Financing Activities - Other | ($367,000) | ($350,000) | ||||||||||||
| Net Cash Flows Provided By/(Used In) Financing Activities | View | View | View | View | View | ($1,548,000) | $30,658,000 | $1,377,000 | $52,278,000 | $2,412,000 | ($317,000) | ($3,069,000) | $2,713,000 | $15,958,000 |
| Increase/(Decrease) in Cash and Cash Equivalents | View | View | View | View | View | $9,320,000 | $4,728,000 | ($17,884,000) | $50,766,000 | $508,000 | ($4,243,000) | $5,078,000 | ($6,360,000) | $9,404,000 |
| Cash and cash equivalents at the beginning of the year | View | View | View | View | View | $48,428,000 | $43,700,000 | $61,584,000 | $10,818,000 | $10,310,000 | $14,553,000 | $9,475,000 | $15,835,000 | $6,431,000 |
| Total Cash and cash equivalents at the end of the year | View | View | View | View | View | $57,748,000 | $48,428,000 | $43,700,000 | $61,584,000 | $10,818,000 | $10,310,000 | $14,553,000 | $9,475,000 | $15,835,000 |
| Income Taxes Paid | View | View | View | View | View | $5,345,000 | $9,553,000 | $4,807,000 | $6,945,000 | $3,399,000 | $2,249,000 | $701,000 | $2,180,000 | $2,707,000 |
| Cash Interest Expense | View | View | View | View | View | $1,197,000 | $496,000 | $95,000 | $316,000 | $756,000 | $339,000 | $171,000 | $68,000 | $679,000 |
| Supplemental Tax Benefit Stock Option Exercised | $1,229,000 | $2,303,000 | $2,650,000 | $1,941,000 | $100,000 |
| Financial Notes: | |
| * | A.C. Moore Arts & Crafts, Inc. fiscal year end: 01/02 |
Charts, Financials, and Statistics (Graphs)
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A.C. Moore Arts & Crafts, Inc. Net Sales Revenue ($ MM): |
A.C. Moore Arts & Crafts, Inc. Cost of Goods and Services Sold ($ MM): |
A.C. Moore Arts & Crafts, Inc. Gross Profit ($ MM): |
A.C. Moore Arts & Crafts, Inc. Selling, General and Administrative Expenses ($ MM): |
A.C. Moore Arts & Crafts, Inc. Restructuring Charges ($ MM): |
A.C. Moore Arts & Crafts, Inc. Pre - Opening Costs ($ MM): |
A.C. Moore Arts & Crafts, Inc. Operating Income/(Loss) ($ MM): |
A.C. Moore Arts & Crafts, Inc. Interest Expense ($ MM): |
A.C. Moore Arts & Crafts, Inc. Interest Income ($ MM): |
A.C. Moore Arts & Crafts, Inc. Income/(Loss) from Continuing Operations Before Income Taxes ($ MM): |
A.C. Moore Arts & Crafts, Inc. Provision for Income Taxes ($ MM): |
A.C. Moore Arts & Crafts, Inc. Net Income (Loss) ($ MM): |
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A.C. Moore Arts & Crafts, Inc. Net Inventories ($ MM): |
A.C. Moore Arts & Crafts, Inc. Current Deferred Income Taxes ($ MM): |
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A.C. Moore Arts & Crafts, Inc. Current Assets ($ MM): |
A.C. Moore Arts & Crafts, Inc. Net Property, Plant and Equipment ($ MM): |
A.C. Moore Arts & Crafts, Inc. Noncurrent Other Assets ($ MM): |
A.C. Moore Arts & Crafts, Inc. Assets ($ MM): |
A.C. Moore Arts & Crafts, Inc. Accounts Payable - Trade ($ MM): |
A.C. Moore Arts & Crafts, Inc. Accrued Expenses - Other ($ MM): |
A.C. Moore Arts & Crafts, Inc. Accrued Salaries ($ MM): |
A.C. Moore Arts & Crafts, Inc. Employee Related Liabilities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Other Accrued Expenses ($ MM): |
A.C. Moore Arts & Crafts, Inc. Total Short-Term Borrowings ($ MM): |
A.C. Moore Arts & Crafts, Inc. Current Portion of Long-Term Debt ($ MM): |
A.C. Moore Arts & Crafts, Inc. Current Other Liabilities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Current Liabilities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Long-Term Debt ($ MM): |
A.C. Moore Arts & Crafts, Inc. Deferred Tax Liability ($ MM): |
A.C. Moore Arts & Crafts, Inc. Noncurrent Other Accrued Expenses ($ MM): |
A.C. Moore Arts & Crafts, Inc. Noncurrent Liabilities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Liabilities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Common Stock - Value (Excluding Additional Paid in Capital) ($ MM): |
A.C. Moore Arts & Crafts, Inc. Retained Earnings ($ MM): |
A.C. Moore Arts & Crafts, Inc. Other Accumulated Comprehensive Income, Net of Tax Effect ($): |
A.C. Moore Arts & Crafts, Inc. Stockholders' Equity ($ MM): |
A.C. Moore Arts & Crafts, Inc. Liabilities and Stockholders' Equity ($ MM): |
A.C. Moore Arts & Crafts, Inc. Operating Activities Beginning Net Income ($ MM): |
A.C. Moore Arts & Crafts, Inc. Depreciation and Amortization ($ MM): |
A.C. Moore Arts & Crafts, Inc. Total Adjustments to Provision for Doubtful Accounts ($ MM): |
A.C. Moore Arts & Crafts, Inc. Asset Impairment Charges ($ MM): |
A.C. Moore Arts & Crafts, Inc. Adjustment for Equity Based Compensation Expense ($ MM): |
A.C. Moore Arts & Crafts, Inc. Adjustment Realized Gains Losses On Sale Asset ($ MM): |
A.C. Moore Arts & Crafts, Inc. Deferred Income Taxes ($ MM): |
A.C. Moore Arts & Crafts, Inc. Change Income Taxes Receivable ($ MM): |
A.C. Moore Arts & Crafts, Inc. Increase/(Decrease) in Inventories ($ MM): |
A.C. Moore Arts & Crafts, Inc. Change Prepaid Expenses Other Current Assets ($ MM): |
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A.C. Moore Arts & Crafts, Inc. Increase/(Decrease) in Income Taxes Payable ($ MM): |
A.C. Moore Arts & Crafts, Inc. Increase/(Decrease) in Employee Related Liabilities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Net Other Increase/(Decrease) in Working Capital ($ MM): |
A.C. Moore Arts & Crafts, Inc. Net Cash Flows Provided By/(Used In) Operating Activities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Purchase of Property, Plant and Equipment ($ MM): |
A.C. Moore Arts & Crafts, Inc. Proceeds Sale Marketable Securities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Increase Decrease Marketable Securities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Net Cash Flows Provided By/(Used In) Investing Activities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Proceeds from Lines of Credit ($ MM): |
A.C. Moore Arts & Crafts, Inc. Repayments Debt ($ MM): |
A.C. Moore Arts & Crafts, Inc. Repayments of Long-Term Debt and Capital Securities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Excess Tax Benefit Stock Option Exercised ($ MM): |
A.C. Moore Arts & Crafts, Inc. Proceeds from Issuance of Common Stock ($ MM): |
A.C. Moore Arts & Crafts, Inc. Proceeds from Stock Options Exercised ($ MM): |
A.C. Moore Arts & Crafts, Inc. Net Cash Flows Provided By/(Used In) Financing Activities ($ MM): |
A.C. Moore Arts & Crafts, Inc. Increase/(Decrease) in Cash and Cash Equivalents ($ MM): |
A.C. Moore Arts & Crafts, Inc. Cash and cash equivalents at the beginning of the year ($ MM): |
A.C. Moore Arts & Crafts, Inc. Total Cash and cash equivalents at the end of the year ($ MM): |
A.C. Moore Arts & Crafts, Inc. Income Taxes Paid ($ MM): |
A.C. Moore Arts & Crafts, Inc. Cash Interest Expense ($ MM): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Nov. 2011 | Completed | View1 | View | Acquisition Take Private | View |
| 1 | A.C. Moore Arts & Crafts,...Read More → |
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Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Nov. 2011 | View | View | View1 | View | View | View |
| 1 | A.C. Moore Arts & Crafts,...Read More → |
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Detailed Business Description: A.C. Moore Arts & Crafts, Inc.
Business
A.C. Moore Arts & Crafts, Inc. is a specialty retailer of arts, crafts and floral merchandise for a wide range of customers. The first store opened in Moorestown, New Jersey in 1985. As of January 1, 2011, A.C. Moore Arts & Crafts, Inc. operates 134 stores in the Eastern United States. A.C. Moore Arts & Crafts, Inc. stores typically range from 20,000 to 25,000 square feet with an average of 22,800 square feet. In fiscal 2010, net sales totaled $448.1 million. For stores open for the full calendar year, A.C. Moore Arts & Crafts, Inc. average net sales per square foot was $146 and their average net sales per store was $3.3 million. A.C. Moore Arts & Crafts, Inc. was organized as a Pennsylvania corporation in 1997 by exchanging 4,300,000 shares of common stock for all of the capital stock of the operating subsidiary which was organized in 1984.
Industry Overview and Competition
In its Attitude & Usage Study for the twelve month period ending December… Continue Reading →
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