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Hooker Furnishings Corporation HOFT Capitalized cloud computing arrangement implementation costs, amortization expense

Capitalized cloud computing arrangement implementation costs, amortization expense at other companies

Skyline Champion logo
Skyline ChampionSKY
$1.1M+10.0%
ATN International logo
ATN InternationalATNI
$300K-42.9%
Schneider National logo
Schneider NationalSNDR
$1.95M+16.4%
AMC Networks Inc. logo
AMC Networks Inc.AMCX
$2.29M-28.8%
Hooker Furnishings Corporation logo
Hooker Furnishings CorporationHOFT
$533K+44.8%
Torrid Holdings logo
Torrid HoldingsCURV
$2M+15.9%

Other financials

Income statement

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Revenue$69.5M-2.4%
Gross profit$20.6M+14.8%
Operating income$1.6M+417%
Net income$1.1M+135%
EPS (diluted)$0.10+134%

Balance sheet

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Cash & equivalents$10.6M-41.0%
Total debt$23.6M-65.9%
Total equity$169.1M-15.1%
Total assets$223.2M-25.5%

Cash flow

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Operating cash flow$14.4M-1.7%
CapEx$403.0K-44.6%
Free cash flow$14.0M+0.5%

Valuation

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Market cap$180.67M+63.2%
Enterprise value$193.62M+19.7%
P/S0.6×+0.3×

Profitability

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Gross margin26.4%+1.8pp
Operating margin-3.2%+1.4pp
Net margin-8.1%-31.3pp
FCF margin2.9%+2.0pp

Returns & leverage

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Return on equity-12.7%-52.5pp
Debt / equity0.1×-0.2×
Current ratio3.1×-0.9×

Where this comes from

Reported directly by Hooker Furnishings Corporation in its filing.

Tagged under the XBRL concept us-gaap:HostingArrangementServiceContractImplementationCostExpenseAmortization.

The official record: Hooker Furnishings Corporation’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hooker Furnishings Corporation's capitalized cloud computing arrangement implementation costs, amortization expense?
Hooker Furnishings Corporation (HOFT) reported capitalized cloud computing arrangement implementation costs, amortization expense of $533K in Q1 2026.
How has Hooker Furnishings Corporation's capitalized cloud computing arrangement implementation costs, amortization expense changed year-over-year?
Hooker Furnishings Corporation's capitalized cloud computing arrangement implementation costs, amortization expense increased by 44.8% year-over-year, from $368K to $533K.
What is the long-term trend for Hooker Furnishings Corporation's capitalized cloud computing arrangement implementation costs, amortization expense?
Over 3 years (2023 to 2026), Hooker Furnishings Corporation's capitalized cloud computing arrangement implementation costs, amortization expense has grown at a -51.5% compound annual growth rate (CAGR), from $12M to $1.37M.
What does capitalized cloud computing arrangement implementation costs, amortization expense mean?
The periodic amortization expense associated with capitalized implementation costs for cloud computing service arrangements. This metric represents the systematic recognition of costs related to setting up cloud-based systems over the life of the service agreement. It is a critical component for evaluating the total cost of ownership for cloud-based digital infrastructure.