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Hooker Furnishings Corporation HOFT Hosting Arrangement Service Contract Implementation Costs Capitalized

Hosting Arrangement Service Contract Implementation Costs Capitalized at other companies

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$47.27M+29.3%
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$20.52M+13.5%
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$1.25M+1.6%
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Vertex, Inc.VERX
$1.04M+3.1%
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Abercrombie & FitchANF
$3.12M-34.0%
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DeluxeDLX
$2.3M-45.2%

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 hoft:HostingArrangementServiceContractImplementationCostsCapitalized.

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 hosting arrangement service contract implementation costs capitalized?
Hooker Furnishings Corporation (HOFT) reported hosting arrangement service contract implementation costs capitalized of $0 in Q1 2026.
How has Hooker Furnishings Corporation's hosting arrangement service contract implementation costs capitalized changed year-over-year?
Hooker Furnishings Corporation's hosting arrangement service contract implementation costs capitalized decreased by 100.0% year-over-year, from $203K to $0.
What is the long-term trend for Hooker Furnishings Corporation's hosting arrangement service contract implementation costs capitalized?
Over 4 years (2022 to 2026), Hooker Furnishings Corporation's hosting arrangement service contract implementation costs capitalized has grown at a -30.3% compound annual growth rate (CAGR), from $3.2M to $757K.
What does hosting arrangement service contract implementation costs capitalized mean?
Costs incurred to implement cloud-based hosting arrangements that are capitalized as assets under current accounting standards. This metric tracks the investment in external service infrastructure rather than traditional on-premise software.