CACHE INC - FORM 8-K - EX-99.1 - FINANCIAL TABLES

file	filename
EX-99.1 - PRESS RELEASE - CACHE INC	p12-1140exhibit991.htm
8-K - CACHE, INC. - CACHE INC	p12-1140form8k.htm

CACHE, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

		March 31,		December 31,		April 2,
ASSETS		2012		2011		2011

Current assets:
Cash and equivalents	$	10,710,000	$	22,509,000	$	1,896,000
Marketable securities		7,014,000		4,008,000		16,850,000
Certificate of deposits - restricted		3,000,000		3,000,000		2,500,000
Receivables, net		3,346,000		3,403,000		3,345,000
Income tax receivable		131,000		162,000		50,000
Inventories, net		27,326,000		22,075,000		22,961,000
Prepaid expenses and other current assets		2,347,000		1,572,000		5,328,000
Total current assets		53,874,000		56,729,000		52,930,000


Equipment and leasehold improvements, net		19,367,000		18,937,000		23,260,000
Intangible assets, net		102,000		102,000		102,000
Other assets		9,726,000		8,877,000		9,833,000

Total assets	$	83,069,000	$	84,645,000	$	86,125,000


LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable	$	10,502,000	$	9,565,000	$	12,269,000
Note payable		-		-		1,282,000
Accrued compensation		1,372,000		2,579,000		1,328,000
Accrued liabilities		10,188,000		10,217,000		10,020,000
Total current liabilities		22,062,000		22,361,000		24,899,000


Note payable		-		-		160,000
Other liabilities		11,267,000		11,487,000		13,361,000


Commitments and contingencies


STOCKHOLDERS' EQUITY

Common stock		166,000		165,000		165,000
Additional paid-in capital		48,569,000		48,419,000		48,180,000
Retained earnings		40,800,000		42,008,000		39,155,000
Treasury stock, at cost		(39,795,000)		(39,795,000)		(39,795,000)
Total stockholders' equity		49,740,000		50,797,000		47,705,000

Total liabilities and stockholders' equity	$	83,069,000	$	84,645,000	$	86,125,000

CACHE, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

		13 Weeks Ended		13 Weeks Ended
		March 31,		April 2,
		2012		2011

Net sales	$	55,995,000	$	52,099,000

Cost of sales, including buying and occupancy		33,798,000		30,178,000

Gross profit		22,197,000		21,921,000

Expenses
Store operating expenses		19,342,000		18,137,000
General and administrative expenses		4,878,000		5,044,000
Total expenses		24,220,000		23,181,000

Operating loss		(2,023,000)		(1,260,000)


Other income (expense):
Interest expense		-		(18,000)
Interest income		18,000		21,000

Loss before income taxes		(2,005,000)		(1,257,000)

Income tax benefit		(797,000)		(485,000)


Net loss	$	(1,208,000)	$	(772,000)



Basic loss per share	$	(0.09)	$	(0.06)

Diluted loss per share	$	(0.09)	$	(0.06)



Basic weighted average shares outstanding		12,873,000		12,817,000

Diluted weighted average shares outstanding		12,873,000		12,817,000

CACHE INC - FORM 8-K - EX-99.1 - FINANCIAL TABLES - May 11, 2012