Revenues and Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Revenues Disaggregated by Major Product Category and Service

The following table presents our revenues disaggregated by each major product category and service:


(In thousands)	Three Months Ended June 30,								Six Months Ended June 30,
	2025				2024				2025				2024
	Net Sales		% of Net Sales		Net Sales		% of Net Sales		Net Sales		% of Net Sales		Net Sales		% of Net Sales
Merchandise:
Case Goods
Bedroom Furniture	$	26,885	14.9	%	$	25,772	14.4	%	$	54,061	14.9	%	$	51,634	14.2	%
Dining Room Furniture	17,686		9.8		19,453		10.9		35,643		9.8		38,469		10.6
Occasional	12,990		7.2		13,183		7.4		25,909		7.1		27,390		7.6
	57,561		31.9		58,408		32.7		115,613		31.8		117,493		32.4
Upholstery	80,884		44.7		78,273		43.8		162,300		44.8		161,208		44.5
Mattresses	16,525		9.1		16,640		9.3		32,329		8.9		33,240		9.2
Accessories and Other (1)	26,055		14.3		25,315		14.2		52,350		14.5		50,692		14.0
	$	181,025	100.0	%	$	178,636	100.0	%	$	362,592	100.0	%	$	362,633	100.0	%


(1)			Includes delivery charges and product protection.

Schedule of Significant Segment Expenses And Other Segment Items

The following table present significant segment expenses and other segment items regularly reviewed by our CODM:


	Three Months Ended June 30,				Six Months Ended June 30,
(in 000's)	2025		2024		2025		2024
Net Sales	$	181,025	$	178,636	$	362,592	$	362,633
Less:
Cost of goods sold (exclusive of depreciation and amortization)	70,923		70,652		141,407		143,630
Selling, general, and administrative
Advertising and marketing	12,108		11,028		23,184		23,202
Selling	25,953		26,585		51,666		54,323
Occupancy	25,868		24,412		51,340		48,255
Warehouse, delivery, and transportation	14,079		15,199		28,993		31,822
General and administrative	29,325		25,875		59,352		54,853
Total selling, general and administrative(a)	107,333		103,099		214,535		212,455

Other segment items(b)	65		101		223		78
Interest income	1,532		1,507		2,826		3,103
Interest expense	(40)		(40)		(80)		(81)
Income before income taxes	4,326		6,453		9,619		9,648
Income tax expense	1,637		2,015		3,152		2,817





Consolidated net income	$	2,689	$	4,438	$	6,467	$	6,831

(a) Depreciation and amortization expense included in selling, general and administrative expense totaled $5.9 million and $5.2 million for the three months ended June 30, 2025 and 2024, respectively, and $11.8 million and $10.1 million for the six months ended June 30, 2025 and 2024, respectively.

(b) Other segment items include gains (losses) on asset disposals and miscellaneous income (expense).

HAVERTY FURNITURE COMPANIES INC 10-Q