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Smart & Final Inc.
Business Summary
Smart & Final Inc. is a privately-held chain of warehouse stores. Smart & Final Inc. headquarters are located in Commerce, California.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed |
| Year Founded: | 1871 |
| Formerly Named: | Haas, Baruch & Co. Hellman-Haas Grocery Co. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Commerce |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.smartandfinal.com |
Corporate Organization
| Brands: | Smart & Final Cash & Carry Henry's Farmers Market Sun Harvest |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Retail > General Merchandise Stores > Warehouse Clubs & Superstores |
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especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.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 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
| Revenues | View | View | View | View | View | View | $2,002,934,000 | $1,955,579,000 | $1,730,114,000 | $1,572,320,000 | $1,493,986,000 | $1,863,895,000 | $1,793,142,000 | $1,661,629,000 | $1,453,020,000 |
| Cost of Goods and Services Sold | View | $1,668,880,000 | $1,616,490,000 | $1,433,106,000 | $1,323,693,000 | $1,252,288,000 | $1,606,384,000 | $1,557,800,000 | $1,455,941,000 | $1,258,357,000 | |||||
| Gross Profit | View | $334,054,000 | $339,089,000 | $297,008,000 | $248,627,000 | $241,698,000 | $257,511,000 | $235,342,000 | $205,688,000 | $194,663,000 | |||||
| Nonrecurring Charges - Other | $8,884,000 | ||||||||||||||
| Litigation Expense | View | $14,700,000 | $0 | $13,834,000 | $0 | $0 | |||||||||
| Expense | View | $276,756,000 | $276,655,000 | $245,584,000 | $201,882,000 | $192,329,000 | $230,058,000 | $209,620,000 | $204,537,000 | $169,849,000 | |||||
| Operating Income/(Loss) | View | $42,598,000 | $62,434,000 | $37,590,000 | $46,745,000 | $49,369,000 | $27,453,000 | $25,722,000 | $1,151,000 | $15,930,000 | |||||
| Interest Expense | $12,240,000 | $13,368,000 | $17,997,000 | $13,304,000 | $8,117,000 | ||||||||||
| Net Interest Income/(Expense) | View | ($9,450,000) | ($13,178,000) | ($15,508,000) | ($12,426,000) | ||||||||||
| Income/(Loss) from Continuing Operations Before Income Taxes | View | $33,148,000 | $49,256,000 | $22,082,000 | $34,505,000 | $36,943,000 | $14,085,000 | ||||||||
| Income Loss Continuing Operations Before Income Taxes Extraordinary Items and cumulative effect of change in accounting principl | ($12,153,000) | ||||||||||||||
| Income Loss Continuing Operations Before Income Taxes Minority Interest Effect Change Accounting Principle | $7,813,000 | ||||||||||||||
| Income Loss Continuing Operations Before Income Taxes Extraordinary Items | $7,725,000 | ||||||||||||||
| Provision for Income Taxes | View | $12,180,000 | $18,718,000 | $9,229,000 | $13,615,000 | $14,134,000 | $5,361,000 | $2,931,000 | ($4,397,000) | $1,940,000 | |||||
| Income Loss Continuing Operations Before Minority Interest Earnings Losses Equity Investments | $8,724,000 | ||||||||||||||
| Minority Interest, Net of Tax Effect | ($563,000) | ||||||||||||||
| Income/(Loss) from Equity Investments | View | $1,060,000 | $993,000 | $744,000 | $884,000 | $1,126,000 | $833,000 | $748,000 | $187,000 | $200,000 | |||||
| Income/(Loss) Before Extraordinary Items and Cumulative Effect of Change in Accounting Principle | ($7,569,000) | $6,636,000 | |||||||||||||
| Total Income Before Extraordinary Items | $5,542,000 | ||||||||||||||
| Extraordinary Items, Net of Tax Effect | ($166,000) | $0 | $0 | ||||||||||||
| Income/(Loss) Before Cumulative Effect of Change in Accounting Principle | ($54,938,000) | $6,849,000 | $12,029,000 | ||||||||||||
| Cumulative Effect of a Change in Accounting Principle, Net of Tax Effect | ($5,301,000) | $0 | $0 | ($1,090,000) | $0 | ||||||||||
| Income/(Loss) from Continuing Operations | View | $22,028,000 | $31,531,000 | $13,597,000 | $21,774,000 | $23,935,000 | |||||||||
| Income/(Loss) from Discontinued Operations, Net of Tax Effect | View | ($662,000) | ($1,337,000) | ($68,535,000) | ($14,925,000) | ($11,906,000) | |||||||||
| Net Income (Loss) | View | $21,366,000 | $30,194,000 | ($60,239,000) | $6,849,000 | $12,029,000 | $9,557,000 | $5,376,000 | ($8,659,000) | $6,636,000 | |||||
| EBITDA | View |
| Balance Sheet | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
| Cash and Cash Equivalents | View | $31,887,000 | $28,672,000 | $36,592,000 | $23,002,000 | $23,016,000 | $22,028,000 | $42,936,000 | $20,887,000 |
| Net Accounts Receivable Trade | View | $18,410,000 | $16,717,000 | $15,524,000 | $18,430,000 | $78,744,000 | $66,212,000 | $63,494,000 | $70,155,000 |
| Net Inventories | View | $158,553,000 | $142,360,000 | $123,428,000 | $123,578,000 | $175,302,000 | $170,212,000 | $154,550,000 | $157,678,000 |
| Current Deferred Income Taxes | View | $13,036,000 | $11,646,000 | $16,660,000 | $13,162,000 | $16,145,000 | $12,853,000 | $10,834,000 | $11,511,000 |
| Prepaid Expenses | View | $16,333,000 | $16,428,000 | $27,383,000 | $8,370,000 | $7,303,000 | $6,426,000 | $7,835,000 | $21,053,000 |
| Current Assets Held-for-Sale | View | $2,129,000 | $2,129,000 | ||||||
| Current Assets of Discontinued Operations | $4,681,000 | $154,432,000 | |||||||
| Current Assets | View | $240,348,000 | $217,952,000 | $224,268,000 | $340,974,000 | $300,510,000 | $277,731,000 | $279,649,000 | $281,284,000 |
| Land | View | $70,860,000 | $66,275,000 | $68,042,000 | $32,207,000 | $36,329,000 | $36,338,000 | $35,742,000 | $36,387,000 |
| Buildings | View | $62,335,000 | $62,583,000 | $64,237,000 | $30,308,000 | $33,277,000 | $29,028,000 | $29,116,000 | $29,625,000 |
| Furniture and Fixtures | View | $209,751,000 | $194,554,000 | $179,079,000 | $173,458,000 | $192,599,000 | $182,678,000 | $166,234,000 | $162,148,000 |
| Leasehold Improvements | View | $135,018,000 | $125,206,000 | $113,388,000 | $109,098,000 | $120,674,000 | $104,646,000 | $95,337,000 | $85,501,000 |
| Property, Plant and Equipment, Gross | View | $477,964,000 | $448,618,000 | $424,746,000 | $345,071,000 | $382,879,000 | $352,690,000 | $326,429,000 | $313,661,000 |
| Accumulated Depreciation and Amortization | View | $220,377,000 | $197,443,000 | $177,706,000 | $155,240,000 | $166,448,000 | $146,826,000 | $122,499,000 | $108,588,000 |
| Net Property, Plant and Equipment | View | $257,587,000 | $251,175,000 | $247,040,000 | $189,831,000 | $216,431,000 | $205,864,000 | $203,930,000 | $205,073,000 |
| Net Capital Leased Assets | View | $1,423,000 | $2,085,000 | $3,926,000 | $4,280,000 | $12,038,000 | $6,877,000 | $8,343,000 | $4,016,000 |
| Investment in Affiliates | View | $7,481,000 | $6,258,000 | $5,398,000 | |||||
| Goodwill | View | $34,775,000 | $34,775,000 | $34,775,000 | $34,775,000 | $52,432,000 | $53,952,000 | $55,087,000 | $56,667,000 |
| Finite-Lived - Computer Software | View | $30,974,000 | |||||||
| Noncurrent Deferred Tax Assets | View | $28,749,000 | $18,237,000 | $16,123,000 | $8,963,000 | $7,110,000 | $6,051,000 | $4,734,000 | $5,018,000 |
| Restricted Cash | View | $120,000 | $116,000 | $14,357,000 | |||||
| Noncurrent Other Assets | View | $36,861,000 | $56,833,000 | $51,345,000 | $42,234,000 | $42,603,000 | $29,876,000 | $30,856,000 | $30,206,000 |
| Assets | View | $638,318,000 | $587,431,000 | $597,232,000 | $621,057,000 | $631,124,000 | $580,351,000 | $582,599,000 | $582,264,000 |
| Accounts Payable | View | $99,696,000 | $83,103,000 | $92,448,000 | $73,153,000 | $104,615,000 | $103,514,000 | $92,513,000 | $97,568,000 |
| Accrued Expenses - Other | View | $55,348,000 | $48,147,000 | $47,914,000 | $35,367,000 | $50,721,000 | $40,408,000 | $34,150,000 | $40,789,000 |
| Accrued Salaries | View | $19,898,000 | $8,432,000 | ||||||
| Employee Related Liabilities | $19,882,000 | $17,220,000 | $14,383,000 | $15,538,000 | $13,127,000 | $13,951,000 | |||
| Current Notes Payable - Related Parties | View | $33,146,000 | |||||||
| Current Portion of Long-Term Debt | $1,353,000 | $61,964,000 | $136,719,000 | $8,096,000 | $91,209,000 | $3,928,000 | $139,680,000 | ||
| Current Notes Payable | $0 | $1,681,000 | |||||||
| Current Debt and Capital Lease Obligations | View | $54,076,000 | |||||||
| Current Liabilities of Discontinued Operations | $2,476,000 | $7,296,000 | $30,833,000 | ||||||
| Current Liabilities | View | $262,164,000 | $154,961,000 | $226,842,000 | $284,504,000 | $177,815,000 | $250,669,000 | $143,718,000 | $293,669,000 |
| Notes Payable - Long-Term | $86,529,000 | $53,496,000 | $0 | $5,004,000 | $10,117,000 | $12,865,000 | $15,839,000 | ||
| Notes Payable Bank Noncurrent | View | $20,000,000 | $25,000,000 | $0 | $127,000,000 | $0 | $117,500,000 | $0 | |
| Capital Lease Obligations - Long-Term | View | $1,848,000 | $2,638,000 | $4,511,000 | $5,314,000 | $12,871,000 | $9,390,000 | $11,140,000 | $7,485,000 |
| Noncurrent Notes Payable - Related Parties | $33,173,000 | $15,965,000 | $15,965,000 | $55,388,000 | |||||
| Other Postretirement Benefit Obligations | View | $43,275,000 | $35,566,000 | $37,868,000 | |||||
| Deferred Compensation Liability | $38,794,000 | $21,504,000 | $20,079,000 | $18,785,000 | $17,564,000 | ||||
| Commitments and Contingencies | $0 | ||||||||
| Noncurrent Other Liabilities | View | $37,088,000 | $30,324,000 | $25,185,000 | $20,910,000 | $15,349,000 | $12,632,000 | $9,179,000 | $3,033,000 |
| Noncurrent Liabilities | View | $102,211,000 | $180,057,000 | $154,233,000 | $65,018,000 | $181,728,000 | $68,183,000 | $185,434,000 | $99,309,000 |
| Preferred Stock - Value (Excluding Additional Paid in Capital) | View | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock - Value (Excluding Additional Paid in Capital) | View | $319,000 | $308,000 | $299,000 | $294,000 | $294,000 | $292,000 | $291,000 | $225,000 |
| Additional Paid in Capital | View | $231,775,000 | $219,768,000 | $209,876,000 | $206,926,000 | $206,874,000 | $204,898,000 | $204,450,000 | $144,987,000 |
| Retained Earnings | View | $67,523,000 | $46,157,000 | $15,963,000 | $76,202,000 | $69,353,000 | $57,324,000 | $49,641,000 | $44,909,000 |
| Treasury Stock - Value | View | $9,834,000 | $1,384,000 | $0 | |||||
| Cumulative Translation Adjustment, Net of Tax Effect | ($835,000) | ||||||||
| Other Accumulated Comprehensive Income, Net of Tax Effect | View | ($15,822,000) | ($12,361,000) | ($9,881,000) | ($11,787,000) | ($4,840,000) | ($915,000) | ($835,000) | |
| Equity - Other | View | ($18,000) | ($75,000) | ($100,000) | ($100,000) | ($100,000) | ($100,000) | ($100,000) | $0 |
| Stockholders' Equity | View | $273,943,000 | $252,413,000 | $216,157,000 | $271,535,000 | $271,581,000 | $261,499,000 | $253,447,000 | $189,286,000 |
| Liabilities and Stockholders' Equity | View | $638,318,000 | $587,431,000 | $597,232,000 | $621,057,000 | $631,124,000 | $580,351,000 | $582,599,000 | $582,264,000 |
| Cash Flow Statement | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
| Operating Activities Beginning Net Income | View | $21,366,000 | $30,194,000 | $13,597,000 | $21,774,000 | $23,935,000 | $9,557,000 | $5,376,000 | ($8,659,000) | $6,636,000 |
| Depreciation (Non-Production) | View | $18,319,000 | $17,951,000 | $19,265,000 | $18,568,000 | $17,247,000 | ||||
| Amortization | View | $13,722,000 | $13,525,000 | $14,631,000 | $13,072,000 | $13,518,000 | $1,784,000 | $1,869,000 | $0 | $0 |
| Depreciation and Amortization | $32,883,000 | $31,326,000 | $29,353,000 | $25,761,000 | ||||||
| Employee Stock Option Plan (ESOP) and Restricted Stock Expense | $1,745,000 | |||||||||
| Asset Impairment Charges | View | $828,000 | $2,500,000 | $663,000 | $0 | $1,175,000 | $0 | |||
| Gain/(Loss) on Sale/Retirement of Property, Plant and Equipment | View | $2,609,000 | $390,000 | $818,000 | $2,065,000 | $1,690,000 | ($64,000) | $608,000 | $3,126,000 | $843,000 |
| Tax Benefit from Exercise of Stock Options | View | $0 | $0 | |||||||
| Adjustment for Equity Based Compensation Expense | View | $983,000 | $549,000 | |||||||
| Adjustment Minority Interest | ($563,000) | |||||||||
| Adjustment Income/(Loss) from Equity Investments | View | $1,060,000 | $993,000 | $744,000 | $884,000 | $1,126,000 | $833,000 | $748,000 | $187,000 | $200,000 |
| Deferred Income Taxes | View | ($6,691,000) | $2,899,000 | $12,575,000 | ($217,000) | ($4,351,000) | ($2,189,000) | $1,343,000 | ($3,781,000) | ($800,000) |
| Income/(Loss) from Discontinued Operations, Net of Tax Effect | $4,568,000 | $22,196,000 | ||||||||
| Adjustment Extraordinary Items | ($166,000) | $0 | $0 | |||||||
| Adjustments to Cumulative Effect of a Change in Accounting Principle, Net of Tax Effect | ($1,090,000) | $0 | ||||||||
| Noncash Expenses - Other | View | $8,799,000 | $0 | $8,300,000 | $0 | $0 | ||||
| Change Accounts Receivable | View | $841,000 | $1,193,000 | ($6,284,000) | ($9,489,000) | $3,106,000 | $5,894,000 | ($5,961,000) | ($8,634,000) | $3,771,000 |
| Increase/(Decrease) in Inventories | View | $16,193,000 | $18,933,000 | ($1,408,000) | ($5,836,000) | $1,910,000 | $15,694,000 | ($3,160,000) | $6,646,000 | $2,504,000 |
| Change Prepaid Expenses Other Current Assets | ($8,796,000) | |||||||||
| Change Prepaid Expenses Other Assets | View | ($54,000) | ($9,731,000) | $16,117,000 | $4,083,000 | $4,042,000 | ($1,409,000) | $3,540,000 | $11,546,000 | |
| Increase/(Decrease) in Accounts Payable | View | $16,591,000 | ($9,345,000) | $20,459,000 | ($6,201,000) | $3,285,000 | $6,380,000 | ($4,749,000) | $14,224,000 | $4,601,000 |
| Change Other Accrued Expenses | View | $8,552,000 | ($9,108,000) | $9,700,000 | $6,407,000 | $9,963,000 | $11,986,000 | $54,000 | ||
| Increase/(Decrease) in Accrued Expenses | $2,921,000 | ($412,000) | ||||||||
| Increase/(Decrease) in Employee Related Liabilities | View | $15,000 | $2,946,000 | ($3,724,000) | $2,411,000 | $2,547,000 | ||||
| Increase/(Decrease) in Other Non-operating Liabilities | $7,821,000 | $4,210,000 | ||||||||
| Net Cash Flows Provided By/(Used In) Operating Activities of Discontinued Operations | View | ($1,376,000) | ($3,003,000) | ($3,278,000) | ||||||
| Net Cash Flows Provided By/(Used In) Operating Activities | View | $60,459,000 | $37,330,000 | $86,380,000 | $54,694,000 | $29,527,000 | $41,864,000 | $54,493,000 | $39,279,000 | $20,569,000 |
| Purchase of Property, Plant and Equipment | View | $42,426,000 | $25,487,000 | $21,899,000 | $39,340,000 | $34,105,000 | $23,942,000 | $26,169,000 | $39,622,000 | $29,427,000 |
| Increase Decrease Restricted Funds | View | $4,000 | ($14,241,000) | |||||||
| Acquisition of Businesses, Net of Cash Acquired | $44,401,000 | $11,300,000 | ||||||||
| Net Other Acquisition/(Divestiture) of Business Activities | $0 | |||||||||
| Purchase Intangible Assets | View | $11,843,000 | $12,080,000 | $2,519,000 | ||||||
| Purchase Software | $11,699,000 | $1,955,000 | ||||||||
| Proceeds from Discontinued Operations | View | $0 | $325,000 | |||||||
| Total Increase Decrease Discontinued Operations | ($105,000) | ($10,719,000) | ||||||||
| Proceeds from Sale of Other Assets | $37,898,000 | $0 | ||||||||
| Proceeds from Sale of Property, Plant and Equipment | View | $3,611,000 | $4,386,000 | $1,928,000 | $7,745,000 | $2,857,000 | $549,000 | $3,142,000 | $3,658,000 | $10,471,000 |
| Net Other Investing Activities | View | $434,000 | ($5,518,000) | $2,019,000 | $1,375,000 | $2,828,000 | $4,662,000 | $4,310,000 | $7,557,000 | $3,573,000 |
| Net Cash Flows Provided By/(Used In) Investing Activities of Discontinued Operations | View | $0 | $226,000 | ($9,078,000) | ||||||
| Net Cash Flows Provided By/(Used In) Investing Activities | View | ($51,096,000) | ($12,871,000) | $4,104,000 | ($44,567,000) | ($46,750,000) | ($28,055,000) | ($27,337,000) | ($87,922,000) | ($33,829,000) |
| Proceeds from Lines of Credit | View | $25,000,000 | $5,000,000 | $7,500,000 | $20,000,000 | $157,500,000 | $0 | $20,000,000 | $133,500,000 | $20,000,000 |
| Proceeds from Other Debt | $0 | |||||||||
| Repayments on Lines of Credit | View | $30,000,000 | $40,000,000 | $77,500,000 | $17,000,000 | $117,500,000 | $30,500,000 | $36,000,000 | $82,000,000 | $0 |
| Repayments on Notes Payable | View | $1,353,000 | $1,751,000 | $6,792,000 | $6,726,000 | $19,938,000 | $4,217,000 | $6,462,000 | $3,796,000 | $11,161,000 |
| Repayments Debt | View | $215,000 | $1,070,000 | |||||||
| Excess Tax Benefit Stock Option Exercised | View | $0 | $0 | |||||||
| Debt Restructuring Costs | $5,844,000 | $0 | $0 | $5,598,000 | $0 | |||||
| Financing Costs | $0 | |||||||||
| Proceeds from Issuance of Common Stock | View | $2,848,000 | $5,442,000 | $40,000 | $11,000 | $1,008,000 | $0 | $20,163,000 | $1,737,000 | $5,135,000 |
| Payment for Repurchases of Equity | View | $2,428,000 | $0 | $0 | ||||||
| Payment of Dividends | $1,127,000 | $4,492,000 | $4,448,000 | |||||||
| Cash Provided by/(Used in) Financing Activities - Other | ($1,681,000) | $7,288,000 | $9,830,000 | |||||||
| Net Change Discontinued Operations | ($142,000) | ($419,000) | ||||||||
| Net Cash Flows Provided By/(Used In) Financing Activities of Discontinued Operations | ($1,264,000) | |||||||||
| Net Cash Flows Provided By/(Used In) Financing Activities | View | ($6,148,000) | ($32,379,000) | ($76,894,000) | ($4,979,000) | $14,807,000 | ($34,717,000) | ($5,107,000) | $46,639,000 | $19,356,000 |
| Increase/(Decrease) in Cash and Cash Equivalents | View | $3,215,000 | ($7,920,000) | $13,590,000 | $5,148,000 | ($2,416,000) | ($20,908,000) | $22,049,000 | ($2,004,000) | $6,096,000 |
| Cash and cash equivalents at the beginning of the year | View | $28,672,000 | $36,592,000 | $23,002,000 | $17,854,000 | $20,270,000 | $42,936,000 | $20,887,000 | $22,891,000 | $16,795,000 |
| Total Cash and cash equivalents at the end of the year | View | $31,887,000 | $28,672,000 | $36,592,000 | $23,002,000 | $17,854,000 | $22,028,000 | $42,936,000 | $20,887,000 | $22,891,000 |
| Noncash Investing and Financing Activities | $2,882,000 | $45,856,000 | $19,820,000 | $1,763,000 | ||||||
| Supplemental Property Plant Equipment Acquired | View | $1,510,000 | $0 | |||||||
| Fair Value of Assets Acquired | $600,000 | $6,648,000 | $0 | $4,891,000 | $0 | $0 | ||||
| Supplemental Other Net | View | $4,225,000 | $11,748,000 | $17,411,000 | $2,282,000 | $3,856,000 | $5,967,000 | $40,965,000 | $19,820,000 | $1,763,000 |
| Financial Notes: | |
| * | Smart & Final Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Smart & Final Inc. Income/(Loss) from Continuing Operations ($ MM): |
Smart & Final Inc. Income/(Loss) from Discontinued Operations, Net of Tax Effect ($ MM): |
Smart & Final Inc. Net Income (Loss) ($ MM): |
Smart & Final Inc. Cash and Cash Equivalents ($ MM): |
Smart & Final Inc. Net Accounts Receivable Trade ($ MM): |
Smart & Final Inc. Net Inventories ($ MM): |
Smart & Final Inc. Current Deferred Income Taxes ($ MM): |
Smart & Final Inc. Prepaid Expenses ($ MM): |
Smart & Final Inc. Current Assets Held-for-Sale ($ MM): |
Smart & Final Inc. Current Assets ($ MM): |
Smart & Final Inc. Land ($ MM): |
Smart & Final Inc. Buildings ($ MM): |
Smart & Final Inc. Furniture and Fixtures ($ MM): |
Smart & Final Inc. Leasehold Improvements ($ MM): |
Smart & Final Inc. Property, Plant and Equipment, Gross ($ MM): |
Smart & Final Inc. Accumulated Depreciation and Amortization ($ MM): |
Smart & Final Inc. Net Property, Plant and Equipment ($ MM): |
Smart & Final Inc. Net Capital Leased Assets ($ MM): |
Smart & Final Inc. Investment in Affiliates ($ MM): |
Smart & Final Inc. Goodwill ($ MM): |
Smart & Final Inc. Finite-Lived - Computer Software ($ MM): |
Smart & Final Inc. Noncurrent Deferred Tax Assets ($ MM): |
Smart & Final Inc. Restricted Cash ($ MM): |
Smart & Final Inc. Noncurrent Other Assets ($ MM): |
Smart & Final Inc. Assets ($ MM): |
Smart & Final Inc. Accounts Payable ($ MM): |
Smart & Final Inc. Accrued Expenses - Other ($ MM): |
Smart & Final Inc. Accrued Salaries ($ MM): |
Smart & Final Inc. Current Notes Payable - Related Parties ($ MM): |
Smart & Final Inc. Current Debt and Capital Lease Obligations ($ MM): |
Smart & Final Inc. Current Liabilities ($ MM): |
Smart & Final Inc. Notes Payable Bank Noncurrent ($ MM): |
Smart & Final Inc. Capital Lease Obligations - Long-Term ($ MM): |
Smart & Final Inc. Other Postretirement Benefit Obligations ($ MM): |
Smart & Final Inc. Noncurrent Other Liabilities ($ MM): |
Smart & Final Inc. Noncurrent Liabilities ($ MM): |
Smart & Final Inc. Common Stock - Value (Excluding Additional Paid in Capital) ($): |
Smart & Final Inc. Additional Paid in Capital ($ MM): |
Smart & Final Inc. Retained Earnings ($ MM): |
Smart & Final Inc. Treasury Stock - Value ($ MM): |
Smart & Final Inc. Other Accumulated Comprehensive Income, Net of Tax Effect ($ MM): |
Smart & Final Inc. Equity - Other ($): |
Smart & Final Inc. Stockholders' Equity ($ MM): |
Smart & Final Inc. Liabilities and Stockholders' Equity ($ MM): |
Smart & Final Inc. Operating Activities Beginning Net Income ($ MM): |
Smart & Final Inc. Depreciation (Non-Production) ($ MM): |
Smart & Final Inc. Amortization ($ MM): |
Smart & Final Inc. Asset Impairment Charges ($ MM): |
Smart & Final Inc. Gain/(Loss) on Sale/Retirement of Property, Plant and Equipment ($ MM): |
Smart & Final Inc. Tax Benefit from Exercise of Stock Options ($): |
Smart & Final Inc. Adjustment for Equity Based Compensation Expense ($ MM): |
Smart & Final Inc. Adjustment Income/(Loss) from Equity Investments ($ MM): |
Smart & Final Inc. Deferred Income Taxes ($ MM): |
Smart & Final Inc. Noncash Expenses - Other ($ MM): |
Smart & Final Inc. Change Accounts Receivable ($ MM): |
Smart & Final Inc. Increase/(Decrease) in Inventories ($ MM): |
Smart & Final Inc. Change Prepaid Expenses Other Assets ($ MM): |
Smart & Final Inc. Increase/(Decrease) in Accounts Payable ($ MM): |
Smart & Final Inc. Change Other Accrued Expenses ($ MM): |
Smart & Final Inc. Increase/(Decrease) in Employee Related Liabilities ($ MM): |
Smart & Final Inc. Net Cash Flows Provided By/(Used In) Operating Activities of Discontinued Operations ($ MM): |
Smart & Final Inc. Net Cash Flows Provided By/(Used In) Operating Activities ($ MM): |
Smart & Final Inc. Purchase of Property, Plant and Equipment ($ MM): |
Smart & Final Inc. Increase Decrease Restricted Funds ($ MM): |
Smart & Final Inc. Purchase Intangible Assets ($ MM): |
Smart & Final Inc. Proceeds from Discontinued Operations ($): |
Smart & Final Inc. Proceeds from Sale of Property, Plant and Equipment ($ MM): |
Smart & Final Inc. Net Other Investing Activities ($ MM): |
Smart & Final Inc. Net Cash Flows Provided By/(Used In) Investing Activities of Discontinued Operations ($ MM): |
Smart & Final Inc. Net Cash Flows Provided By/(Used In) Investing Activities ($ MM): |
Smart & Final Inc. Proceeds from Lines of Credit ($ MM): |
Smart & Final Inc. Repayments on Lines of Credit ($ MM): |
Smart & Final Inc. Repayments on Notes Payable ($ MM): |
Smart & Final Inc. Repayments Debt ($ MM): |
Smart & Final Inc. Excess Tax Benefit Stock Option Exercised ($): |
Smart & Final Inc. Proceeds from Issuance of Common Stock ($ MM): |
Smart & Final Inc. Payment for Repurchases of Equity ($ MM): |
Smart & Final Inc. Net Cash Flows Provided By/(Used In) Financing Activities ($ MM): |
Smart & Final Inc. Increase/(Decrease) in Cash and Cash Equivalents ($ MM): |
Smart & Final Inc. Cash and cash equivalents at the beginning of the year ($ MM): |
Smart & Final Inc. Total Cash and cash equivalents at the end of the year ($ MM): |
Smart & Final Inc. Supplemental Property Plant Equipment Acquired ($ MM): |
Smart & Final Inc. Supplemental Other Net ($ MM): |
Smart & Final Inc. Total Employees: |
Smart & Final Inc. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Unspecified | Completed | View | View | Acquisition Leveraged Buyout (LBO) | View |
| Details | Unspecified | Completed | View1 | View | Acquisition | View |
| Details | Sep. 2003 | Completed | Florida foodservice and stores businesses Northern California foodservice operations Northern California meat processing and distribution business2 | Gordon Food Service Sysco Corporation Pacific Fresh Seafood Company | Acquisition Asset Sale | Unspecified |
| Details | Feb. 2007 | Completed | View | View | Acquisition Take Private | View |
| Details | Feb. 2011 | Completed | View3 | View | Acquisition Divestiture | View |
| Details | Oct. 2012 | Completed | View4 | View | Acquisition Leveraged Buyout (LBO) Majority Acquisition | View |
| 1 | Smart & Final purchased 27...Read More → |
| 2 | Gordon Food Service purchased the Florida foodservice and stores businesses, and Sysco purchased the northern California foodservice operations. In addition, Smart & Final's non-core northern California meat processing and distribution business was sold to Pacific Fresh Sea Food Company. - Details → |
| 3 | Apollo Management agreed to invest...Read More → |
| 4 | Apollo declined to comment on...Read More → |
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Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Feb. 2007 | View | View | View | View | View | View |
Detailed Business Description: Smart & Final Inc.
Smart & Final's ShopCo Experiment Fails
In the summer of 2010, Smart & Final opened its largest stores ever in a new test format called SmartCo Foods. Five large locations were opened in the Denver area as a test market. At the end of 2010, Smart & Final said that although it plans to use the SmartCo Foods concept at some larger Smart & Final warehouse stores, it was closing all give SmartCo stores.
The SmartCo Foods concept was a higher-end concept for Smart & Final. SmartCo stores combined features of a supermarket, warehouse club and a farmers market - including fresh bakery, meat slicing stations, and gourmet goods - and ranged in size from 40,000 to 61,000 square feet. All stores prove unprofitable, ending Smart & Final's foray into a segment overlapping with high end large fresh supermarkets such as Whole Foods Markets.
In the summer of 2010, Smart & Final opened its largest stores ever in a new test format called SmartCo Foods. Five large… Continue Reading →
Supplemental Resources
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