0001683168-17-000105.txt : 20170118 0001683168-17-000105.hdr.sgml : 20170118 20170118080012 ACCESSION NUMBER: 0001683168-17-000105 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 8 CONFORMED PERIOD OF REPORT: 20161103 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170118 DATE AS OF CHANGE: 20170118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LIVE VENTURES Inc CENTRAL INDEX KEY: 0001045742 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 850206668 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-33937 FILM NUMBER: 17532214 BUSINESS ADDRESS: STREET 1: 325 EAST WARM SPRINGS ROAD STREET 2: SUITE 102 CITY: LAS VEGAS STATE: NV ZIP: 89119 BUSINESS PHONE: (702) 939-0231 MAIL ADDRESS: STREET 1: 325 EAST WARM SPRINGS ROAD STREET 2: SUITE 102 CITY: LAS VEGAS STATE: NV ZIP: 89119 FORMER COMPANY: FORMER CONFORMED NAME: LIVEDEAL INC DATE OF NAME CHANGE: 20070815 FORMER COMPANY: FORMER CONFORMED NAME: YP CORP DATE OF NAME CHANGE: 20040504 FORMER COMPANY: FORMER CONFORMED NAME: YP NET INC DATE OF NAME CHANGE: 19991112 8-K/A 1 live_8ka.htm FORM 8-K AMENDMENT

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

______________

 

FORM 8-K/A

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): November 3, 2016

 

Live Ventures Incorporated

(Exact Name of Registrant as Specified in Charter)

Nevada

001-33937

85-0206668

(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

 

325 E. Warm Springs Road, Suite 102
Las Vegas, NV 89119

(Address of Principal Executive Offices and Zip Code)

 

Registrant’s telephone number, including area code: 702-939-0231

 

_______________________________________________________________________

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 
 

EXPLANATORY NOTE:

 

On November 3, 2016 (the “Closing Date”), Live Ventures Incorporated (“Live Ventures”), through its newly formed, wholly-owned subsidiary, Vintage Stock Affiliated Holdings LLC (“VSAH”), entered into a series of agreements in connection with its purchase of Vintage Stock, Inc., a Missouri corporation (“Vintage Stock”). The purchase and financing transactions were, in the aggregate, valued at approximately $60 million. The purchase was effectuated between VSAH and the shareholders of Vintage Stock, with VSAH acquiring 100% of the outstanding capital stock of Vintage Stock. In connection with the purchase and finance transactions, various persons and entities entered into a series of agreements (each of which is dated the Closing Date, with funding initiated on the Closing Date and concluded on November 4, 2016). We filed our Current Report on Form 8-K on November 9, 2016, and disclosed those transactions.

 

This Amended Current Report on Form 8-K/A is being filed to include the financial statements required by Item 9.01 of Form 8-K, including the audited financial statements of Vintage Stock, Inc. as of and for the three years ended December 31, 2015, December 31, 2014, December 31, 2013 and to include the pro forma financial information of Live Ventures and Vintage Stock as at September 30, 2016 and for the twelve months ended September 30, 2016 and September 30, 2015, respectively.

 

Item 9.01 Financial Statements and Exhibits

 

(a)Financial Statements of Business Acquired.

 

Attached to this Current Report as Exhibit 99.1 are certain financial statements of Vintage Stock including a report of KPM CPAs, PC, an independent public accounting firm, and notes to the financial statements, as at November 3, 2016 (unaudited) and December 31, 2015 (audited) and December 31, 2014 (audited), and for the period of January 1, 2016 through November 3, 2016 (unaudited) and the years ended December 31, 2015 (audited) and December 31, 2014 (audited).

 

Attached to this Current Report as Exhibit 99.2 are audited financial statements of Vintage Stock including a report of KPM CPAs PC, an independent public accounting firm, and notes to the financial statements, as at December 31, 2013 and December 31, 2012, and for the years ended December 31, 2013 and December 31, 2012.

 

(b)Pro Forma Financial Information.

 

Attached to this Current Report as Exhibit 99.3 are certain pro forma condensed combined financial information of Live Ventures and Vintage Stock as at September 30, 2016 and for the twelve months ended September 30, 2016 and 2015, and the notes to the pro forma condensed combined financial information.

 

 

 

 

 

 

 

 

 2 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: January 18, 2017 By:    /s/ Jon Isaac
  Jon Isaac,
  Chief Executive Officer and President

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 3 

 

(d) Exhibits

 

Exhibit No. Description
99.1 Financial statements of Vintage Stock including a report from KPM CPAs PC, an independent public accounting firm, and notes to the financial statements, as at November 3, 2016 (unaudited) and December 31, 2015 (audited), and December 31, 2014 (audited); and for the period January 1, 2016 through November 3, 2016 (unaudited), and for the years ended December 31, 2015 (audited) and December 31, 2014 (audited).
   
99.2

Audited financial statements of Vintage Stock including a report from KPM CPAs PC, an independent public accounting firm, and notes to the financial statements, as at December 31, 2013 and December 31, 2012, and for the years ending December 31, 2013 and 2012, respectively.

   
99.3 Unaudited pro forma condensed combined financial information of Live Ventures and Vintage Stock as at September 30, 2016 and for the twelve months ended September 30, 2016 and 2015, respectively and notes to the pro forma condensed combined financial information.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 4 

EX-99.1 2 live_8ka-ex9901.htm EX-99.1

Exhibit 99.1

 

VINTAGE STOCK, INC.

 

INDEPENDENT ACCOUNTANTS' REVIEW

REPORT AND FINANCIAL STATEMENTS

 

Period January 1 to November 3, 2016 (unaudited)

and the Years Ended December 31, 2015 and 2014

 

 

 

 

 

 

 

 

 

   

 

 

 

INDEPENDENT ACCOUNTANTS' REVIEW REPORT

 

To the Board of Directors and Stockholders

Vintage Stock, Inc.

Joplin, Missouri

 

We have reviewed the accompanying financial statements of Vintage Stock, Inc., which comprise the balance sheet as of November 3, 2016, and the related statements of income, stockholders’ equity and cash flows for the period January 1, 2016 to November 3, 2016, and related notes to the financial statements. A review includes primarily applying analytical procedures to management's financial data and making inquiries of company management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion.

 

Management’s Responsibility for the Financial Statements

 

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the financial statements that are free from material misstatement whether due to fraud or error.

 

Accountants’ Responsibility

 

Our responsibility is to conduct the review engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. Those standards require us to perform procedures to obtain limited assurance as a basis for reporting whether we are aware of any material modifications that should be made to the financial statements for them to be in accordance with accounting principles generally accepted in the United States of America. We believe that the results of our procedures provide a reasonable basis for our conclusion.

 

Accountants’ Conclusion

 

Based on our review, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in accordance with accounting principles generally accepted in the United States of America.

 

Prior Period Financial Statements

 

The financial statements of Vintage Stock, Inc. as of December 31, 2015 and 2014 and for the years then ended were audited by us and our report, dated September 19, 2016, expressed an unmodified opinion on those statements. We have not performed any auditing procedures since that date.

 

/s/ KPM CPAs, PC

 

January 16, 2017

Springfield, Missouri

 

 

 

www.kpmcpa.com
1445 E. Republic Road, Springfield, MO 65804 | 417-882-4300 | fax 417-882-4343
500 W. Main Street Suite 200, Branson, MO 65616 | 417-334-2987 | fax 417-336-3403
Member CPA Associates International, Inc., with offices in principal U.S. and international cities

 

   

 

 

 

VINTAGE STOCK, INC.
BALANCE SHEETS

 

   November 3,
2016
   December 31,
2015
   December 31,
2014
 
ASSETS  (unaudited)         
Current Assets:            
Cash and cash equivalents  $342,798   $1,524,603   $2,540,890 
Receivables   113,500    99,079    46,323 
Merchandise inventories   20,160,092    14,940,547    13,695,393 
Prepaid expenses and other assets   860,453    725,926    687,854 
Total current assets   21,476,843    17,290,155    16,970,460 
                
Property and Equipment:               
Cost   9,279,598    7,607,769    6,888,669 
Less accumulated depreciation   5,794,274    5,112,067    4,283,681 
Net property and equipment   3,485,324    2,495,702    2,604,988 
                
Other Assets:               
Goodwill, net   2,349,583    824,167    931,667 
Intangible asset, net   413,334    160,000    220,000 
Total other assets   2,762,917    984,167    1,151,667 
                
Total assets  $27,725,084   $20,770,024   $20,727,115 
                
LIABILITIES AND STOCKHOLDERS' EQUITY               
Current Liabilities:               
Bank overdraft  $   $139,551   $ 
Debt maturing within one year   2,897,122         
Accounts payable   4,048,805    1,112,106    1,281,793 
Accrued wages   702,303    745,425    721,269 
Sales tax payable   247,699    553,315    527,200 
Accrued other expenses   819,792    805,208    740,837 
Gift certificates outstanding   219,152    312,610    302,575 
Total current liabilities   8,934,873    3,668,215    3,573,674 
                
Long-Term Debt   2,181,563         
                
Stockholders' Equity:               
Common stock   365,141    365,141    365,141 
Treasury stock   (200,000)   (200,000)   (200,000)
Retained earnings   16,443,507    16,936,668    16,988,300 
Total stockholders' equity   16,608,648    17,101,809    17,153,441 
                
Total liabilities and stockholders' equity  $27,725,084   $20,770,024   $20,727,115 

 

See independent accountants' review report

The accompanying notes are an integral part of these financial statements

 

 1 

 

 

VINTAGE STOCK, INC.
STATEMENTS OF INCOME

 

   For the Period
January 1, 2016 -
   For the Years Ended 
  November 3,
2016
   December 31,
2015
   December 31,
2014
 
  (unaudited)         
Revenue  $52,500,928   $61,563,194   $59,867,751 
Cost of revenue   22,131,613    26,008,190    24,957,170 
                
Gross profit   30,369,315    35,555,004    34,910,581 
                
Operating expenses:               
Salaries and wages   8,625,144    9,240,215    8,882,392 
Depreciation and amortization   1,035,707    1,032,618    1,058,941 
Trade credit incentive   837,030    1,003,314    1,051,718 
Bank and credit card fees   722,910    757,918    793,200 
Insurance   927,083    920,512    678,999 
Computer and professional fees   577,430    564,602    387,985 
Taxes and licenses   846,027    914,225    926,006 
Office   916,985    1,106,430    1,112,218 
Profit sharing expense   98,625    118,753    124,074 
Rent   5,865,448    6,246,657    6,086,101 
Travel   250,897    232,697    156,312 
Utilities   822,612    886,746    876,696 
Repairs   311,093    433,935    390,918 
Miscellaneous   78,985    88,568    98,324 
Total store operating expenses   21,915,976    23,547,190    22,623,884 
                
Income from operations   8,453,339    12,007,814    12,286,697 
                
Other income (expenses):               
Gift card breakage   77,173    159,000    161,000 
Other income   59,759    103,107    82,818 
Interest   (81,674)   (34,792)   (43,992)
Loss from disposal of property and equipment   (44,926)   (2,017)   (231)
Total other income   10,332    225,298    199,595 
                
Income before income taxes   8,463,671    12,233,112    12,486,292 
Income tax expense   15,187    62,403    59,390 
                
Net income  $8,448,484   $12,170,709   $12,426,902 

 

See independent accountants' review report

The accompanying notes are an integral part of these financial statements

 

 2 

 

VINTAGE STOCK, INC.

STATEMENTS OF STOCKHOLDERS' EQUITY

 

 

   Common Stock   Treasury   Retained   Total Stockholders' 
   Shares    Amount   Stock   Earnings   Equity 
                          
Balances at December 31, 2013   2,820   $365,141   $(200,000)  $15,049,474   $15,214,615 
                          
Distributions               (10,488,076)   (10,488,076)
Net income               12,426,902    12,426,902 
                          
Balances at December 31, 2014   2,820    365,141    (200,000)   16,988,300    17,153,441 
                          
Distributions               (12,222,341)   (12,222,341)
Net income               12,170,709    12,170,709 
                          
Balances at December 31, 2015   2,820    365,141    (200,000)   16,936,668    17,101,809 
                          
Distributions               (8,941,645)   (8,941,645)
Net income               8,448,484    8,448,484 
                          
Balances at November 3, 2016 (unaudited)   2,820   $365,141   $(200,000)  $16,443,507   $16,608,648 

 

See independent accountants' review report

The accompanying notes are an integral part of these financial statements

 

 3 

 

VINTAGE STOCK, INC.

STATEMENTS OF CASH FLOWS

 

 

  For the Period
January 1, 2016 -
   For the Years Ended 
  November 3,
2016
   December 31,
2015
   December 31,
2014
 
  (unaudited)         
Net income  $8,448,484   $12,170,709   $12,426,902 
Adjustments:               
Depreciation   749,457    865,118    891,441 
Amortization   286,250    167,500    167,500 
Loss from disposal of property and equipment   44,926    2,017    231 
Net change in operating accounts:               
Receivables   (14,421)   (52,756)   42,798 
Merchandise inventories   (4,544,545)   (1,245,154)   (909,330)
Prepaid expenses and other assets   (134,527)   (38,072)   (107,463)
Accounts payable   2,936,699    (169,687)   (1,032,288)
Accrued expenses and sales tax payable   (334,154)   114,642    141,164 
Gift certificates outstanding   (93,458)   10,035    2,770 
Net cash from operating activities   7,344,711    11,824,352    11,623,725 
                
Cash flows used in investing activities:               
Acquisition of store   (2,600,000)        
Acquisition of leasehold rights   (215,000)        
Acquisition of property and equipment   (1,709,005)   (757,849)   (245,022)
Net cash used in investing activities   (4,524,005)   (757,849)   (245,022)
                
Cash flows from financing activities:               
Bank overdrafts   (139,551)   139,551     
Net borrowings/(repayments) under line of credit   2,308,622        (1,000,000)
Borrowings from note payable   3,100,000         
Repayment of note payable   (329,937)        
Distributions   (8,941,645)   (12,222,341)   (10,488,076)
Net cash used in financing activities   (4,002,511)   (12,082,790)   (11,488,076)
                
Net decrease in cash and cash equivalents   (1,181,805)   (1,016,287)   (109,373)
                
Cash and cash equivalents - beginning of period   1,524,603    2,540,890    2,650,263 
                
Cash and cash equivalents - end of period  $342,798   $1,524,603   $2,540,890 

 

 

 

See independent accountants' review report

The accompanying notes are an integral part of these financial statements

 

 4 

 

 

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

 

 

(1)SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Nature of business – The Company operates a chain of retail stores throughout the central United States which buy, sell and trade new and pre-owned movies, music, video games, comics, books, and collectibles.

 

Statements of cash flows – Cash equivalents include time deposits, certificates of deposit, money market funds, and all highly liquid debt instruments with maturities of three months or less at the date of their acquisition.

 

Revenue recognition – Merchandise and rental asset revenue is recognized at the point of sale or rental or at the time the merchandise is shipped to the customer. Additionally, revenues are presented net of estimated returns and exclude all sales taxes.

 

Gift card liabilities are recorded as deferred revenue at the time of sale. The liability is relieved and revenue is recognized upon redemption of the gift cards or when it is determined that gift cards will not be redeemed.

 

The Company provides customers with the opportunity to trade in used merchandise in exchange for cash consideration or store credit. Merchandise inventory is recorded at a cost equal to the cash offered to the customer. If a customer chooses store credit, credit is issued for the amount of the cash offer plus a premium. Premiums associated with store credit issued as a result of trade in transactions are recorded as expense in the period in which the credits are issued.

 

Inventories – Inventories have been valued at the lower of cost or market using the individual item method, as determined by the average cost method.

 

Property and equipment and related depreciation - Property and equipment has been stated at cost. Depreciation has been computed by applying the straight-line method and the following estimated lives:

 

Category Estimated Life
Equipment and furnishings 3-10 years
Leasehold improvements 6-19 years

 

Leasehold improvements are depreciated over the shorter of their economic useful life or their remaining lease term.

 

Non-compete agreements – Non-compete agreements have been amortized on a straight-line basis over the five-year life of the agreements. The balance sheets reflect the unamortized amount of such costs.

 

See independent accountants’ review report

 

 5 

 

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

 

(1)SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

 

Leasehold rights – Leasehold rights are amortized on a straight-line basis over the five-year life of the lease agreements. The balance sheets reflect the unamortized amount of such costs.

 

Goodwill – Goodwill has been amortized on a straight-line basis over a ten year period. The balance sheets reflect the unamortized amount of such costs.

 

Use of estimates - Management uses estimates and assumptions in preparing these financial statements in accordance with U.S. generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.

 

Income taxes - The Company has elected to be taxed under the provisions of Subchapter S of the Internal Revenue Code. Under such provisions, all income, losses and credits are passed through to the stockholders with no income tax consequences resulting to the Company. The Company’s policy is to pay distributions at least equal to the stockholders’ additional individual income taxes incurred for their proportionate share of the corporation’s taxable income.

 

The Company has analyzed the tax positions taken and has concluded that as of November 03, 2016, there are no uncertain positions taken, or expected to be taken, that would require recognition of an asset or liability or disclosure in the financial statements. A tax asset or liability would be recognized if the Company has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. The Company is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Company does not believe it likely that changes will occur within the next fiscal year that will have a material impact on the financial statements.

 

Advertising costs - The Company expenses non-direct response advertising costs as they are incurred.

 

Sales taxes - The Company’s policy is to present taxes collected from customers and remitted to governmental authorities on a net basis. The Company records the amounts collected as a current liability and relieves such liability upon remittance to the taxing authority without impacting revenues or expenses.

 

 

See independent accountants’ review report

 

 

 6 

 

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

 

(1)SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

 

Freight costs - The Company includes freight costs in cost of goods sold. Total freight and shipping expense included for the period from January 1 to November 3, 2016 and the years ended December 31, 2016 and 2015 was $144,918, $132,654 and $131,262, respectively.

 

(2)BUSINESS ACQUISITION

 

During the period ended November 3, 2016, the Company acquired a store location from an unrelated third party. Accordingly, the results of the operations of this location are included from the date of the acquisition forward.

 

The aggregate purchase price for the acquisition made on February 25, 2016 was approximately $2,600,000. The transaction was financed with proceeds from borrowings and was accounted for under the acquisition method of accounting. The following is a condensed balance sheet showing the fair values acquired as of the date of acquisition:

 

 

Goodwill  $1,500,000 
Inventory   675,000 
Non-compete agreement   350,000 
Equipment and furnishings   75,000 
   $2,600,000 

 

(3)PROPERTY AND EQUIPMENT

 

   November 3,   December 31,   December 31, 
Category  2016   2015   2014 
   (unaudited)         
Equipment and furnishings  $6,874,071   $5,413,519   $4,805,103 
Leasehold improvements   2,405,527    2,194,250    2,083,566 
    9,279,598    7,607,769    6,888,669 
Less accumulated depreciation   (5,794,274)   (5,112,067)   (4,283,681)
   $3,485,324   $2,495,702   $2,604,988 

 

 

Depreciation amounted to $749,457, $865,118 and $891,441 for the period from January
1 to November 3, 2016 and the years ended December 31, 2015 and 2014, respectively.

 

 

 

See independent accountants’ review report

 

 

 7 

 

 

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

 

 

(4)INTANGIBLES

 

   November 3,   December 31,   December 31, 
Category  2016   2015   2014 
   (unaudited)           
Goodwill  $2,575,000   $1,075,000   $1,075,000 
Leasehold rights   215,000         
Non-compete agreements   650,000    300,000    300,000 
    3,440,000    1,375,000    1,375,000 
Less accumulated amortization   (677,083)   (390,833)   (223,333)
   $2,762,917   $984,167   $1,151,667 

 

Amortization amounted to $286,250, for the period from January 1 to November 3, 2016 and $167,500 for each of the years ended December 31, 2015 and 2014. Future estimated amortization expense is as follows:

 

2017  $429,000 
2018   419,000 
2019   369,000 
2020   369,000 
2021   323,000 
Later years   853,917 
   $2,762,917 

 

(5)DEBT

 

     
   November 3, 
   2016 
Current debt  (unaudited) 
     
Prime - .38%, Arvest Bank, secured by all business assets; monthly interest payments; matures March 2017   $ 2,308,622   
         
Add debt maturing within one year   588,500 
Current debt  $2,897,122 
      
Long-term debt     
3.68%; Arvest Bank; secured by all business assets; monthly principal and interest payments of $56,715; matures February 2021   $ 2,770,063    
         
Less debt maturing within one year   588,500 
Long-term debt  $2,181,563 

 

See independent accountants’ review report

 

 8 

 

  

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

 

(5)DEBT (CONTINUED)

 

The Company maintains a line of credit with Arvest Bank maturing March 2017 which permits the Company to borrow up to $4,000,000 at the prime rate minus .38%. There was no balance on the line of credit at December 31, 2015 and 2014.

 

Principal payments due on long-term debt at November 3, 2016 are as follows:

 

   Aggregate Annual Maturities 
2018  $610,600 
2019   633,400 
2020   657,100 
2021   280,463 
   $2,181,563 

 

(6)CREDIT CARD PAYABLE

 

The Company has a $1,000,000 credit limit on a credit card with Security BankCard as of November 3, 2016. The card charges monthly interest on the unpaid balance if the entire balance is not paid by the due date. The credit card payable at November 3, 2016, December 31, 2015 and 2014 was $221,995, $190,466 and $138,956, respectively, and is included in accounts payable on the balance sheets. The card carries no annual fee and no interest was paid during the period from January to November 3, 2016 or the years ended December 31, 2015 and 2014.

 

(7)STOCKHOLDERS’ EQUITY

 

At November 3, 2016 and December 31, 2015 and 2014, common stock is composed of the following:

 

   Amount 
Vintage Stock, Inc. common stock; no par value;     
Class A (voting); 1,000 shares authorized; 307 shares issued; 282 shares outstanding   $ 39,399   
Class B (nonvoting); 10,000 shares authorized; 2,538 shares issued and outstanding     325,742   
   $365,141 

 

At November 3, 2016 and December 31, 2015 and 2014, treasury stock consists of 25 shares of Vintage Stock, Inc. Class A common stock totaling $200,000, at cost.

 

See independent accountants’ review report

 

 9 

 

 

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

(8)RETAINED EARNINGS

 

Retained earnings at November 3, 2016, includes approximately $12,800,000 in undistributed earnings which have been taxed to the stockholders under the provisions of Subchapter S of the Internal Revenue Code. This amount is available for dividend distributions at the discretion of the Board of Directors.

 

(9)CONTRIBUTION TO PROFIT-SHARING PLAN

 

The Company maintains a profit-sharing plan covering all full-time employees of the Company who are at least 21 years of age. Contributions to the plan are determined each year by the Board of Directors subject to the maximum deduction limitations allowable under the provisions of the Internal Revenue Code. For the period from January 1 to November 3, 2016 and the years ended December 31, 2015 and 2014, the Company matched 100% of employee contributions up to 4% of compensation. The matching contributions to the plan for the period from January 1 to November 3, 2016 and the years ended December 31, 2015 and 2014 amounted to $98,625, $118,753 and $124,074, respectively.

 

(10)INCOME TAXES

 

The provision for income taxes appearing in the statements of income consists of:

 

   November 3,   December 31,   December 31, 
   2016   2015   2014 
   (unaudited)         
Current  $15,187   $62,403   $59,390 

 

The Company has elected to be taxed under the provisions of Subchapter S of the Internal Revenue Code. The current tax provision for the period from January 1 to November 3, 2016 and the years ended December 31, 2015 and 2014 relates to taxes due to certain state taxing authorities.

 

(11)OPERATING LEASES

 

The Company operates all of its current store locations in leased facilities under non-cancelable leases which are accounted for as operating leases. Remaining lease terms range from 1 to 8 years excluding additional renewal periods. The leases on several locations are based on a minimum monthly rate or a stated percent of gross sales. A substantial portion of leases provide for various renewal terms. Total rent expense, including common area maintenance, for the period from January 1 to November 3, 2016 and the years ended December 31, 2015 and 2014 amounted to $5,865,448 and $6,246,657 and $6,086,101, respectively.

 

 

See independent accountants’ review report

 

 10 

 

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

 

(11)OPERATING LEASES (CONTINUED)

 

Future minimum lease payments under operating leases at November 3, 2016 are as follows:

 

   Amount 
2017  $6,955,200 
2018   6,044,000 
2019   4,715,100 
2020   3,966,500 
2021   2,871,700 
Thereafter   754,200 
Total minimum lease payments  $25,306,700 

 

(12)CASH FLOW STATEMENT DISCLOSURES

 

Supplemental disclosure of cash flow information:

 

   November 3,   December 31,   December 31, 
   2016   2015   2014 
   (unaudited)         
Cash paid during the period for:               
Income taxes  $43,974   $58,184   $55,472 
Interest   77,648    34,792    43,992 

 

(13)CONTINGENT LIABILITIES

 

At November 3, 2016, the Company was a direct guarantor for debts of related companies totaling $7,463,354 with outstanding balances of $7,246,808. Included in total guaranteed debt is a $2,000,000 line of credit with an outstanding balance of $1,783,454. The debts mature in April 2017 ($5,463,354) and April 2018 ($1,783,454).

 

The Company is a defendant in an ongoing litigation regarding general employment and business matters. Outside counsel for the Company has advised that at this stage in the proceedings they cannot offer an opinion as to the probable outcome. The Company is vigorously defending its position and does not believe the lawsuit will have a material impact on the financial statements.

 

 

See independent accountants’ review report

 

 11 

 

 

 

VINTAGE STOCK, INC.

 

NOTES TO FINANCIAL STATEMENTS

 

 

 

Period January 1 to November 3, 2016 (unaudited)
and the Years Ended December 31, 2015 and 2014

 

(14)SUBSEQUENT EVENTS

 

On November 3, 2016, the Company, entered into a series of agreements in connection with its sale to Live Ventures Incorporated (“Live Ventures”), through its newly formed, wholly-owned subsidiary, Vintage Stock Affiliated Holdings LLC (“VSAH”). The purchase and financing transactions were, in the aggregate, valued at approximately $60 million. The purchase was effectuated between VSAH and the shareholders of the Company, with VSAH acquiring 100% of the outstanding capital stock of Vintage Stock.

 

Management has evaluated subsequent events between the end of the most recent fiscal year end and January 16, 2017, the date the financial statements were available to be issued.

 

 

 

See independent accountants’ review report

 

 12 

 

EX-99.2 3 live_8ka-ex9902.htm EX-99.2

Exhibit 99.2

 

VINTAGE STOCK, INC.

 

INDEPENDENT AUDITORS' REPORT AND
FINANCIAL STATEMENTS

 

YEARS ENDED DECEMBER 31, 2013 AND 2012

 

 

 

 

 

 

 

   

 

 

 

INDEPENDENT AUDITOR’S REPORT

 

 

To the Board of Directors and Stockholders

Vintage Stock, Inc.

Joplin, Missouri

 

We have audited the accompanying financial statements of Vintage Stock, Inc. which comprise the balance sheets as of December 31, 2013 and 2012, and the related statements of income, retained earnings, and cash flows for the years then ended, and the related notes to the financial statements.

 

Management’s Responsibility for the Financial Statements

 

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

 

Auditors’ Responsibility

Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

 

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

 

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

 

 

   

 

 

Opinion

 

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Vintage Stock, Inc. as of December 31, 2013 and 2012, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

 

 

 

/s/ KPM CPAs, PC

 

August 22, 2014

Springfield, Missouri

 

 

 

 

 

 

 

 

 

 

 

   

 

 

VINTAGE STOCK, INC.

BALANCE SHEETS

 

 

 

December 31, 2013 and 2012

 

  2013   2012 
ASSETS        
Current Assets:          
Cash and cash equivalents  $2,650,263   $3,870,797 
Receivables   89,121    129,197 
Merchandise inventories   12,786,063    11,264,353 
Prepaid expenses and other assets   580,391    539,960 
Total current assets   16,105,838    15,804,307 
           
Property and Equipment:          
Cost   7,092,918    6,195,540 
Less accumulated depreciation   3,841,280    3,051,371 
Net property and equipment   3,251,638    3,144,169 
           
Other Assets:          
Goodwill, net   1,039,167     
Intangible asset, net   280,000     
Total other assets   1,319,167     
           
Total assets  $20,676,643   $18,948,476 
           
LIABILITIES AND STOCKHOLDERS' EQUITY          
Current Liabilities:          
Debt maturing within one year  $   $896 
Accounts payable   2,314,081    713,174 
Accrued wages   822,795    723,595 
Sales tax payable   474,724    448,422 
Accrued other expenses   499,623    494,854 
Income taxes payable   51,000    50,000 
Gift certificates outstanding   299,805    259,670 
Total current liabilities   4,462,028    2,690,611 
           
Long-Term Debt   1,000,000     
           
Stockholders' Equity:          
Common stock   365,141    365,141 
Treasury stock   (200,000)   (200,000)
Retained earnings   15,049,474    16,092,724 
Total stockholders' equity   15,214,615    16,257,865 
           
Total liabilities and stockholders' equity  $20,676,643   $18,948,476 

 

The accompanying notes are an integral part of these financial statements

 

 1 

 

 

VINTAGE STOCK, INC.
STATEMENTS OF INCOME

 

 Years Ended December 31, 2013 and 2012

 

   2013 2012 
  Amount   % Sales   Amount   % Sales 
Revenue  $54,652,552    100.0%    $51,061,468    100.0 % 
Cost of revenue   22,568,265    41.3    20,919,717    41.0 
Gross profit   32,084,287    58.7    30,141,751    59.0 
                     
Operating expenses:                    
Salaries and wages   8,428,019    15.4    7,914,294    15.5 
Depreciation and amortization   872,042    1.6    733,972    1.4 
Advertising   70,392    .1    143,441    .3 
Trade credit incentive   1,120,121    2.1    1,037,539    2.0 
Bank and credit card fees   697,807    1.3    631,266    1.2 
Insurance   517,096    .9    501,198    1.0 
Computer and professional fees   298,172    .5    323,680    .6 
Taxes and licenses   921,932    1.7    838,896    1.6 
Office   1,060,835    1.9    1,012,595    2.0 
Profit sharing expense   123,415    .2    116,678    .2 
Rent   5,629,875    10.4    5,560,707    10.9 
Travel   169,235    .3    172,446    .3 
Utilities   826,756    1.5    805,107    1.6 
Repairs   347,651    .6    288,209    .6 
Miscellaneous   92,081    .2    58,462    .1 
Total store operating expenses   21,175,429    38.7    20,138,490    39.4 
                     
Income from operations   10,908,858    20.0    10,003,261    19.6 
                     
Other income (expenses):                    
Gift card breakage   154,000    .3    125,000    .2 
Other income   13,837        48,065    .1 
Interest   (7,888)       (232)    
Gain from disposal of property and equipment   7,030             
Total other income   166,979    .3    172,833    .3 
                     
Income before income taxes   11,075,837    20.3    10,176,094    19.9 
Income tax expense   56,795    .1    53,581    .1 
                     
Net income  $11,019,042    20.2%  $10,122,513    19.8%

 

 

The accompanying notes are an integral part of these financial statements

 

 2 

 

VINTAGE STOCK, INC.

STATEMENTS OF STOCKHOLDERS' EQUITY

 

 Years Ended December 31, 2013 and 2012

 

 

   Common Stock   Treasury   Retained   Total Stockholders' 
   Shares    Amount   Stock   Earnings   Equity 
Balances at December 31, 2011   282   $365,141   $(200,000)  $14,560,495   $14,725,636 
                          
Issuance of nonvoting shares   2,538                 
Distributions               (8,590,284)   (8,590,284)
Net income               10,122,513    10,122,513 
                          
Balances at December 31, 2012   2,820    365,141    (200,000)   16,092,724    16,257,865 
                          
Distributions               (12,062,292)   (12,062,292)
Net income               11,019,042    11,019,042 
                          
Balances at December 31, 2013   2,820   $365,141   $(200,000)  $15,049,474   $15,214,615 

 

The accompanying notes are an integral part of these financial statements

 

 3 

 

 

VINTAGE STOCK, INC.

STATEMENTS OF CASH FLOWS

 

Years Ended December 31, 2013 and 2012

 

 

   2013   2012 
Cash flows from operating activities:          
Net income  $11,019,042   $10,122,513 
Adjustments:          
Depreciation   816,209    733,972 
Amortization   55,833     
Gain from disposal of property and equipment   (7,030)    
Net change in operating accounts:          
Receivables   40,076    (53,742)
Merchandise inventories   (1,111,710)   (360,658)
Income taxes recoverable/payable   1,000    5,000 
Prepaid expenses and other assets   (40,431)   (13,680)
Accounts payable   1,600,907    90,718 
Accrued expenses and sales tax payable   130,271    342,351 
Gift certificates outstanding   40,135    46,757 
Net cash from operating activities   12,544,302    10,913,231 
Cash flows used in investing activities:          
Proceeds from sale of property and equipment   7,030     
Acquisition of store   (1,800,000)     
Acquisition of property and equipment   (908,678)   (399,070)
Net cash used in investing activities   (2,701,648)   (399,070)
           
Cash flows from financing activities:          
Proceeds from borrowings   1,000,000     
Repayment of debt   (896)   (10,750)
Distributions   (12,062,292)   (8,590,284)
Net cash used in financing activities   (11,063,188)   (8,601,034)
           
Net increase (decrease) in cash and cash equivalents   (1,220,534)   1,913,127 
           
Cash and cash equivalents - beginning of year   3,870,797    1,957,670 
           
Cash and cash equivalents - end of year  $2,650,263   $3,870,797 

 

The accompanying notes are an integral part of these financial statements

 

 4 

 

 

 

VINTAGE STOCK, INC.

NOTES TO FINANCIAL STATEMENTS

 

 

Years Ended December 31, 2013 and 2012

 

(1)SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Nature of business The Company operates a chain of retail stores throughout the central United States which buy, sell and trade new and pre-owned movies, music, video games, comics, books, and collectibles.

 

Statements of cash flows Cash equivalents include time deposits, certificates of deposit, money market funds, and all highly liquid debt instruments with maturities of three months or less at the date of their acquisition.

 

Revenue recognition Merchandise and rental asset revenue is recognized at the point of sale or rental or at the time the merchandise is shipped to the customer. Additionally, revenues are presented net of estimated returns and exclude all sales taxes.

 

Gift card liabilities are recorded as deferred revenue at the time of sale. The liability is relieved and revenue is recognized upon redemption of the gift cards or when it is determined that gift cards will not be redeemed.

 

The Company provides customers with the opportunity to trade in used merchandise in exchange for cash consideration or store credit. Merchandise inventory is recorded at a cost equal to the cash offered to the customer. If a customer chooses store credit, credit is issued for the amount of the cash offer plus a premium. Premiums associated with store credit issued as a result of trade in transactions are recorded as expense in the period in which the credits are issued.

 

Inventories Inventories have been valued at the lower of cost or market using the individual item method, as determined by the average cost method.

 

Property and equipment and related depreciation - Property and equipment has been stated at cost. Depreciation has been computed by applying the straight-line method and the following estimated lives:

 

Category Estimated Life
Equipment and furnishings 3-10 years
Leasehold improvements 6-19 years

 

Leasehold improvements are depreciated over the shorter of their economic useful life or their remaining lease term.

 

Non-compete agreement The non-compete agreement has been amortized on a straight-line basis over the five-year life of the agreement. The balance sheets reflect the unamortized amount of such costs.

 

Goodwill Goodwill has been amortized on a straight-line basis over a ten year period. The balance sheets reflect the unamortized amount of such costs.

 

 5 

 

 

 

VINTAGE STOCK, INC.

NOTES TO FINANCIAL STATEMENTS

 

 Years Ended December 31, 2013 and 2012

 

(1)SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

 

Use of estimates - Management uses estimates and assumptions in preparing these financial statements in accordance with U.S. generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.

 

Income taxes - The Company has elected to be taxed under the provisions of Subchapter S of the Internal Revenue Code. Under such provisions, all income, losses and credits are passed through to the stockholders with no income tax consequences resulting to the Company, unless the Company sells assets owned prior to electing S-Corporation status within ten years of the election and is required to pay tax on the recapture of built-in gains. The Company’s policy is to pay distributions at least equal to the stockholders’ additional individual income taxes incurred for their proportionate share of the corporation’s taxable income.

 

The Company has analyzed the tax positions taken and has concluded that as of December 31, 2013 and 2012, there are no uncertain positions taken, or expected to be taken, that would require recognition of an asset or liability or disclosure in the financial statements. A tax asset or liability would be recognized if the Company has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. The Company is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Company believes it is no longer subject to income tax examinations for years prior to 2010. However, tax years prior to 2010 remain subject to examination by certain states. The Company does not believe it likely that changes will occur within the next fiscal year that will have a material impact on the financial statements.

 

Advertising costs - The Company expenses non-direct response advertising costs as they are incurred.

 

Sales taxes - The Company’s policy is to present taxes collected from customers and remitted to governmental authorities on a net basis. The Company records the amounts collected as a current liability and relieves such liability upon remittance to the taxing authority without impacting revenues or expenses.

 

Freight costs - The Company includes freight costs in cost of goods sold. Total freight and shipping expense included for the years ended December 31, 2013 and 2012 was $127,806 and $102,941, respectively.

 

 

 6 

 

 

VINTAGE STOCK, INC.

NOTES TO FINANCIAL STATEMENTS

 

Years Ended December 31, 2013 and 2012

 

(2)BUSINESS ACQUISITION

 

During the year ended December 31, 2013, the Company acquired a store location from an unrelated third party. Accordingly, the results of the operations of this location are included from the date of the acquisition forward.

 

The aggregate purchase price for the acquisition made on August 26, 2013 was approximately $1,800,000. The transaction was financed with proceeds from borrowings on a revolving line of credit and available cash and was accounted for under the acquisition method of accounting. The following is a condensed balance sheet showing the fair values acquired as of the date of acquisition:

 

Goodwill  $1,075,000 
Inventory   410,000 
Non-compete agreement   300,000 
Equipment and furnishings   15,000 
   $1,800,000 

 

(3)PROPERTY AND EQUIPMENT

 

Category  2013   2012 
Equipment and furnishings  $6,219,874   $5,439,150 
Leasehold improvements   873,044    756,390 
    7,092,918    6,195,540 
Less accumulated depreciation   (3,841,280)   (3,051,371)
   $3,251,638   $3,144,169 

 

Depreciation amounted to $816,209 and $733,972 for the years ended December 31, 2013 and 2012, respectively.

 

(4)INTANGIBLES

 

   2013 
   Cost   Accum.
Amort.
   Net 
Goodwill  $1,075,000   $35,833   $1,039,167 
Non-compete agreement   300,000    20,000    280,000 
Total  $1,375,000   $55,833   $1,319,167 

 

Amortization amounted to $55,833 for the year ended December 31, 2013.

 

 

 

 7 

 

 

 

VINTAGE STOCK, INC.

NOTES TO FINANCIAL STATEMENTS

 

Years Ended December 31, 2013 and 2012

 

(4)INTANGIBLES (CONTINUED)

 

Future estimated amortization expense is as follows:

 

2014  $167,500 
2015   167,500 
2016   167,500 
2017   167,500 
2018   147,500 
Later years   501,667 
   $1,319,167 

 

(5)DEBT

 

Long-term debt consists of the following:

 

   2013   2012 
Prime; Arvest Bank; maximum $1,000,000 line of credit; secured by Company assets; interest payable monthly; matures August 2014  $1,000,000   $ 
0%; Ford Motor Credit; secured by a vehicle; payable $896 per month; matured          
February 2013       896 
Less long-term debt maturing within one year       (896)
Long-term debt  $1,000,000   $ 

 

The Company refinanced the Arvest Bank line of credit on February 20, 2014. The credit limit was increased to $4,000,000 and the maturity date was extended to January 31, 2015. Due to this modification, the debt has been classified as long-term debt in the Company’s balance sheet. The modified debt agreement includes covenants for certain financial ratios.

 

(6)CONCENTRATION OF CREDIT RISK

 

The Company maintains its primary operating bank accounts with Arvest Bank. On December 31, 2013, the balance of the accounts exceeded FDIC insurance limits.

 

 

 8 

 

 

VINTAGE STOCK, INC.

NOTES TO FINANCIAL STATEMENTS

 

Years Ended December 31, 2013 and 2012

 

(7)CREDIT CARD PAYABLE

 

The Company has a $1,000,000 credit limit on a credit card with Security BankCard as of December 31, 2013. The card charges monthly interest on the unpaid balance if the entire balance is not paid by the due date. The credit card payable at December 31, 2013 and 2012 was $185,224 and $92,264, respectively, and is included in accounts payable on the balance sheet. The card carries no annual fee and no interest was paid during 2013 and 2012.

 

(8)STOCKHOLDERS’ EQUITY

 

At December 31, 2013 and 2012, common stock is composed of the following:

 

  Amount 
Vintage Stock, Inc. common stock; no par value;     
Class A (voting); 1,000 shares authorized; 307 shares issued;282 shares outstanding   $ 39,399  
Class B (nonvoting); 10,000 shares authorized; 2,538 shares issued and outstanding     325,742  
   $365,141 

 

At December 31, 2013 and 2012, treasury stock consists of 25 shares of Vintage Stock, Inc. Class A common stock totaling $200,000, at cost.

 

(9)RETAINED EARNINGS

 

Retained earnings at December 31, 2013, includes approximately $9,900,000 in undistributed earnings which have been taxed to the stockholders under the provisions of Subchapter S of the Internal Revenue Code. This amount is available for dividend distributions at the discretion of the Board of Directors.

 

(10)CONTRIBUTION TO PROFIT-SHARING PLAN

 

The Company maintains a profit-sharing plan covering all full-time employees of the Company who are at least 21 years of age. Contributions to the plan are determined each year by the Board of Directors subject to the maximum deduction limitations allowable under the provisions of the Internal Revenue Code. For the years ended December 31, 2013 and 2012, the Company matched 100% of employee contributions up to 4% of compensation. The matching contributions to the plan for the years ended December 31, 2013 and 2012 amounted to $123,415 and $116,678, respectively.

 

(11)ADVERTISING COSTS

 

The Company incurred $70,392 and $143,441 in non-direct response advertising costs during the years ended December 31, 2013 and 2012, respectively. The Company incurred no direct response advertising costs during either year.

 

 9 

 

 

 

VINTAGE STOCK, INC.

NOTES TO FINANCIAL STATEMENTS

 

Years Ended December 31, 2013 and 2012

 

 

(12)INCOME TAXES

 

The provision for income taxes appearing in the statements of income consists of:

 

   2013   2012 
         
Current  $56,795   $53,581 

 

The Company has elected to be taxed under the provisions of Subchapter S of the Internal Revenue Code. The current tax provision for the years ended December 31, 2013 and 2012 relates to taxes due to certain state taxing authorities.

 

(13)OPERATING LEASES

 

The Company operates all of its current store locations in leased facilities under non-cancelable leases which are accounted for as operating leases. Remaining lease terms range from 1 to 9 years excluding additional renewal periods. The leases on several locations are based on a minimum monthly rate or a stated percent of gross sales. A substantial portion of leases provide for various renewal terms. Total rent expense, including common area maintenance, for the years ended December 31, 2013 and 2012 amounted to $5,629,875 and $5,560,707, respectively.

 

Future minimum lease payments under operating leases at December 31, 2013, are as follows:

 

   Amount 
2014  $4,581,600 
2015   4,235,100 
2016   3,738,000 
2017   3,374,000 
2018   2,513,400 
Thereafter   4,303,500 
Total minimum lease payments  $22,745,600 

 

(14)CASH FLOW STATEMENT DISCLOSURES

 

Supplemental disclosure of cash flow information:

 

   2013   2012 
Cash paid during the year for:          
Income taxes  $55,795   $48,581 
Interest   7,888    232 

 

 

 10 

 

 

VINTAGE STOCK, INC.

NOTES TO FINANCIAL STATEMENTS

 

Years Ended December 31, 2013 and 2012

 

 

(15)CONTINGENT LIABILITY

 

At December 31, 2013, the Company was a direct guarantor for debts of related companies. The debts total $12,580,000 with outstanding balances of $6,844,685 at December 31, 2013. The debts mature in November 2014 ($10,580,000) and March 2015 ($2,000,000).

 

(16)SUBSEQUENT EVENTS

 

Management has evaluated subsequent events between the end of the most recent fiscal year end and August 22, 2014, the date the financial statements were available to be issued.

 

The Company declared and paid distributions to stockholders in 2014 totaling $7,200,232.

 

(17)RECLASSIFICATION

 

Certain amounts in the accompanying financial statements for the year ended December 31, 2012 have been reclassified to conform to the current year presentation.

 

 

 

 11 

EX-99.3 4 live_8ka-ex9903.htm EX-99.3

Exhibit 99.3

 

UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION

 

Live Ventures Incorporated (the Company) acquired Vintage Stock, Inc. (“Vintage Stock”) for total cash consideration of approximately $57.7 million on November 3, 2016. The Company financed the acquisition by issuing debt and by providing $8 million in cash.

 

The following unaudited pro forma condensed combined financial statements are based on our historical consolidated financial statements and Vintage Stock’s historical consolidated financial statements as adjusted to give effect to the Company’s acquisition of Vintage Stock and the related financing transactions. The unaudited pro forma condensed combined statements of operations for the twelve months ended September 30, 2016 and the twelve months ended September 30, 2015 give effect to these transactions as if they had occurred on October 1, 2014. The unaudited pro forma condensed combined balance sheet as of September 30, 2016 gives effect to these transactions as if they had occurred on September 30, 2016.

 

The assumptions and estimates underlying the unaudited adjustments to the pro forma condensed combined financial statements are described in the accompanying notes, which should be read together with the pro forma condensed combined financial statements.

 

The unaudited pro forma condensed combined financial statements should be read together with the Company’s historical financial statements, which are included in the Company’s latest annual report on Form 10-K, and Vintage Stock’s historical information included herein.

 

Unaudited Pro Forma Condensed Combined Balance Sheet
As of September 30, 2016

 

   Live
Ventures
Incorporated
Historical
   Vintage
Stock, Inc.
(Acquiree)
Historical
   Pro
Forma
Adjustments
 Notes  Pro
Forma
Combined
 
Assets                       
                        
Cash and cash equivalents  $770,895   $526,850   $(184,052)  (a)  $1,113,693 
Trade and other receivables, net   8,334,801    510,916    (397,416)  (a)   8,448,301 
Inventories, net   11,053,085    17,170,741    2,989,351   (a)   31,213,177 
Prepaid expenses and other current assets   5,059,981    818,855    41,598   (a)   5,920,434 
Total current assets   25,218,762    19,027,362    2,449,481       46,695,605 
                        
Property, plant and equipment, net   14,014,501    3,362,993    122,331   (a)   17,499,825 
Deposits and other assets   19,765                19,765 
Deferred taxes   12,524,582                12,524,582 
Intangible assets, net   1,689,790    424,167    (424,167)  (a)   1,689,790 
Goodwill       2,371,042    36,695,019   (a)   39,066,061 
Total assets  $53,467,400   $25,185,564   $38,842,664      $117,495,628 
                        
Liabilities and Stockholders' Equity                       
Liabilities:                       
Accounts payable  $5,402,654   $1,012,262   $1,930,638   (a)  $8,345,554 
Accrued liabilities   6,396,772    1,887,545    101,401   (a)   8,385,718 
Income tax payable                    
Current portion of long term debt   1,789,290    3,279,607    324,467   (a) (b)   5,393,364 
Total current liabilities   13,588,716    6,179,414    2,356,506       22,124,636 
Notes payable, net of current portion   13,682,872    2,231,398    53,260,910   (a) (b)   69,175,180 
Note payable, related party   2,000,000               2,000,000 
Total liabilities   29,271,588    8,410,812    55,617,416       93,299,816 
Total shareholder's equity   24,195,812    16,774,752    (16,774,752)  (a)   24,195,812 
Total liabilities and shareholder's equity  $53,467,400   $25,185,564   $38,842,664      $117,495,628 

 

See accompanying notes to the Unaudited Pro Forma Condensed Combined Financial Information

 

 1 

 

Unaudited Pro Forma Condensed Combined Statements of Operations
Twelve Months Ended September 30, 2016

 

   Live
Ventures
Incorporated
Historical
   Vintage
Stock, Inc.
(Acquiree)
Historical
   Pro
Forma
Adjustments
  Notes  Pro
Forma
Combined
 
Revenues  $78,954,247   $65,493,122   $      $144,447,369 
Cost of revenues   58,979,377    28,010,588           86,989,965 
Gross profit   19,974,870    37,482,534           57,457,404 
                       
Operating expenses:                      
General and administrative expenses   8,543,877    24,594,407    (195,000) (d)   32,943,284 
Sales and marketing expenses   9,112,744    1,018,382           10,131,126 
Total operating expenses   17,656,621    25,612,789    (195,000)     43,074,410 
Operating income   2,318,249    11,869,745    195,000      14,382,994 
Interest expense, net   (4,020,547)   (81,227)   (6,528,057) (c)   (10,629,831)
Other income   7,163,128    147,725           7,310,853 
Income before provision for income taxes   5,460,830    11,936,243    (6,333,057)     11,064,016 
Provision for income taxes   (12,493,221)   76,525    2,241,274  (e)   (10,175,422)
Net income   17,954,051    11,859,718    (8,574,331)     21,239,438 
Net income attributed to noncontrolling interest   124,194               124,194 
Net income attributed to Live Ventures, Incorporated  $17,829,857   $11,859,718   $(8,574,331)    $21,115,244 
                       
Earnings per share:                      
Basic  $6.33               $7.50 
Diluted  $5.40               $6.39 
                       
Weighted average common shares outstanding:                      
Basic   2,815,072                2,815,072 
Diluted   3,303,698                3,303,698 

 

See accompanying notes to the Unaudited Pro Forma Condensed Combined Financial Information

 

 

Unaudited Pro Forma Condensed Combined Statements of Operations
Twelve Months Ended September 30, 2015

 

   Live
Ventures
Incorporated
Historical
   Vintage
Stock, Inc.
(Acquiree)
Historical
   Pro
Forma
Adjustments
  Notes  Pro
Forma
Combined
 
Revenues  $33,369,866   $60,620,768   $      $93,990,634 
Cost of revenues   22,115,472    25,201,597           47,317,069 
Gross profit   11,254,394    35,419,171           46,673,565 
Operating expenses:                      
General and administrative expenses   10,992,356    22,138,761    (107,500) (d)    33,023,617 
Sales and marketing expenses   6,684,833    995,747           7,680,580 
Impairment of intangible assets   3,713,472               3,713,472 
Total operating expenses   21,390,661    23,134,508    (107,500)     44,417,669 
Operating income (loss)   (10,136,267)   12,284,663    107,500      2,255,896 
Interest expense, net   (4,485,661)   (30,788)   (6,528,057) (c)   (11,044,506)
Other income   285,643    255,431           541,074 
Income (loss) before provision for income taxes   (14,336,285)   12,509,306    (6,420,557)     (8,247,536)
Provision for income taxes   376,000    66,793    2,435,500  (e)       2,878,293 
Net income (loss)   (14,712,285)   12,442,513    (3,985,057)     (11,125,829)
Net income (loss) attributed to noncontrolling interest   (46,156)              (46,156)
Net income (loss) attributed to Live Ventures, Incorporated  $(14,666,129)  $12,442,513   $(3,985,057)    $(11,079,673)
Earnings (loss) per share:                      
Basic  $(5.58)              $(4.22)
Diluted  $(5.58)              $(4.22)
Weighted average common shares outstanding:                      
Basic   2,627,636                2,627,636 
Diluted   2,627,636                2,627,636 

 

See accompanying notes to the Unaudited Pro Forma Condensed Combined Financial Information

 

 2 

 

 

 

Notes to Unaudited Pro Forma Condensed Combined Financial Information

 

Note 1 – Basis of Presentation

 

The historical consolidated financial statements have been adjusted in the pro forma condensed combined financial statements to give effect to pro forma events that are (1) directly attributable to the business combination, (2) factually supportable and (3) with respect to the pro forma condensed combined statements of operations, expected to have a continuing impact on the combined results following the business combination.

 

The business combination was accounted for under the acquisition method of accounting in accordance with ASC Topic 805, Business Combinations. As the acquirer for accounting purposes, the Company has estimated the fair value of Vintage Stock’s assets acquired and liabilities assumed and conformed the accounting policies of Vintage Stock to its own accounting policies.

 

The pro forma combined condensed financial statements do not necessarily reflect what the combined company’s financial condition or results of operations would have been had the acquisition occurred on the dates indicated. They also may not be useful in predicting the future financial condition and results of operations of the combined company. The actual financial position and result of operations may differ significantly from the pro forma amounts reflected herein due to a variety of factors.

 

The combined pro forma financial information does not reflect the realization of any expected cost savings or other synergies from the acquisition of Vintage Stock as a result of restructuring activities and other cost savings initiatives that may follow the completion of the business combination.

 

Note 2 – Financing Transactions

 

The purchase price for the capital stock of Vintage Stock was $57,653,698. The purchase price and related transaction expenses including debt issuance costs of $1,710,610 were paid through a combination of (a) debt financing that was provided by (i) the Revolving Loan Lender under the Revolving Loan Agreement in the amount of $11,492,658 and (ii) the Term Loan Lenders under the Term Loan Agreement in the aggregate amount of $29,871,650, (b) the Subordinated Acquisition Note in the amount of $10 million, and (c) capital provided by Live Ventures in the amount of $8 million. In connection with operations of Vintage Stock after the closing of the purchase transaction, Vintage Stock may borrow up to $20 million under the Revolving Loan Agreement (based on availability and eligibility under the Revolving Loan Agreement).

 

The term loans under the Term Loan Agreement bear interest at the LIBO rate (as described below) or base rate, plus an applicable margin in each case. In their loan notice to the Term Loan Administrative Agent, the Term Loan Borrowers selected the LIBO rate for the initial term loans made under the Term Loan Agreement on the Closing Date.

 

The interest rate for LIBO rate loans under the Term Loan Agreement is equal to the sum of (a) the greater of (i) a rate per annum equal to (A) the offered rate for deposits in United States Dollars for the applicable interest period and for the amount of the applicable loan that is a LIBOR loan that appears on Bloomberg ICE LIBOR Screen (or any successor thereto) that displays an average ICE Benchmark Administration Limited Interest Settlement Rate for deposits in United States Dollars (for delivery on the first day of such interest period) with a term equivalent to such interest period, determined as of approximately 11:00 a.m. (London time) two business days prior to the first day of such interest period, divided by (B) the sum of one minus the daily average during such interest period of the aggregate maximum reserve requirement (expressed as a decimal) then imposed under Regulation D of the FRB for “Eurocurrency Liabilities” (as defined therein), and (ii) 0.50% per annum, plus (b) the sum of (i) 12.50% per annum in cash pay plus (ii) 3.00% per annum payable in kind by compounding such interest to the principal amount of the obligations under the Term Loan Agreement on each interest payment date.

 

The interest rate for base rate loans under the Term Loan Agreement is equal to the sum of (a) the highest of (with a minimum of 1.50%) (i) the federal funds rate plus 0.50%, (ii) the prime rate, and (iii) the LIBO rate plus 1.00%, plus (b) the sum of (i) 11.50% per annum payable in cash plus (ii) 3.00% per annum payable in kind by compounding such interest to the principal amount of the obligations under the Term Loan Agreement on each interest payment date.

 

The payment obligations under the Term Loan Agreement include (i) monthly payments of interest and (ii) principal installment payments in an amount equal to $725,000 due on March 31, June 30, September 30, and December 31 of each year, with the first such payment due on December 31, 2016. The outstanding principal amounts of the term loans and all accrued interest thereon under the Term Loan Agreement are due and payable in November 2021.

 

 

 3 

 

 

The Term Loan Borrowers may prepay the term loans under the Term Loan Agreement from time to time, subject to the payment (with certain exceptions described below) of a prepayment premium of: (i) an amount equal to 2.0% of the principal amount of the term loan prepaid if prepaid during the period of time from and after the Closing Date up to the first anniversary of the Closing Date; (ii) 1.0% of the principal amount of the term loan prepaid if prepaid during the period of time from and after the first anniversary of the Closing Date up to the second anniversary of the Closing Date; and (iii) zero if prepaid from and after the second anniversary of the Closing Date.

 

The Term Loan Borrowers may make the following prepayments of the term loans under Term Loan Agreement without being required to pay any prepayment premium:

 

(i)an amount not to exceed $3 million of the term loans;
(ii)in addition to any amount prepaid in respect of item (i), an additional amount not to exceed $1.45 million, but only if that additional amount is paid prior to the first anniversary of the Closing Date; and
(iii)in addition to any amount prepaid in respect of item (i), an additional amount not to exceed the difference between $2.9 million and any amount prepaid in respect of item (ii), but only if that additional amount is paid from and after the first anniversary of the Closing Date but prior to the second anniversary of the Closing Date.

 

There are also various mandatory prepayment triggers under the Term Loan Agreement, including in respect of excess cash flow, dispositions, equity and debt issuances, extraordinary receipts, equity contributions, change in control, and failure to obtain required landlord consents.

 

The revolving loans under the Revolving Loan Agreement bear interest at a varying rate of interest, which is the LIBOR rate plus 2.75%. The LIBOR rate under the Revolving Loan Agreement is equal to the one-month LIBOR rate for deposits in United States Dollars that appears on Thomson Reuters British Bankers Association LIBOR Rates Page (or the successor thereto) as of 11:00 a.m., London, England time, on the applicable determination date.

 

The payment obligations under the Revolving Loan Agreement include monthly payments of interest and all outstanding principal and accrued interest thereon due in November 2020, which is when the revolving loan availability under the Revolving Loan Agreement terminates.

 

The Revolving Loan Agreement contains certain mandatory prepayment triggers that are customarily required for similar financings.

 

Each of the Term Loan Agreement and the Revolving Loan Agreement contains certain representations and warranties, certain affirmative covenants, certain negative covenants, certain financial covenants, and certain conditions that are customarily required for similar financings.

 

The Subordinated acquisition note bears interest at 8%, with interest payable monthly in arrears; and is subject to a subordination agreement. The subordinated acquisition note matures five years and six months from November 3, 2016.

 

Note 3 – Preliminary purchase price allocation

 

The Company has performed a preliminary valuation analysis of the fair value of Vintage Stock’s assets and liabilities. The following table summarizes the allocation of the preliminary purchase price as of the acquisition date:

 

Cash and cash equivalents  $342,798 
Trade and other receivables   113,500 
Inventory   20,160,092 
Prepaid expenses and other current assets   860,453 
Property and equipment   3,485,324 
Goodwill   39,066,061 
Notes payable   (542,074)
Accounts payable   (3,843,510)
Accrued expenses   (1,988,946)
Purchase price  $57,653,698 

 

 4 

 

 

This preliminary purchase price allocation has been used to prepare pro forma adjustments in the pro forma balance sheet and statements of operations. The final purchase price allocation will be determined when the Company has completed the detailed valuations and necessary calculations. The final allocation could differ materially from the preliminary allocation used in the pro forma adjustments. The final allocation may include (1) changes in fair values of property and equipment, (2) changes in fair value of inventory, (2) changes in fair value of prepaid expenses and other current assets, (3) changes in allocations to intangible assets such as trade names, customer relationships as well as goodwill, (4) changes in fair value of accrued expenses, and (5) other changes to assets and liabilities.

 

Note 4 – Pro Forma adjustments

 

The pro forma adjustments are based on our preliminary estimates and assumptions that are subject to change. The following adjustments have been reflected in the unaudited pro forma condensed combined financial information:

 

(a)To allocate purchase price based on the terms of the transaction to include:

 

Record borrowings from Revolver loan $11,492,658

Record borrowings from the Term loan lenders $29,871,650

Record borrowing from the Sellers’ of Vintage Stock, Inc. $10,000,000

Record cash paid by Live Ventures $8,000,000

Remove equity accounts of Vintage Stock, Inc. $16,774,752

Eliminate existing goodwill $2,371,042

Eliminate existing intangibles $424,167

Record the repayment of existing Vintage Stock, Inc. debt not assumed in acquisition $4,536,611

Record the repayment of existing Vintage Stock, Inc. credit card debt not assumed in acquisition $205,295

Record debt issuance cost $810,000

Record transaction fees paid upon acquisition $900,610

Eliminate current provision for long term debt $3,279,607

Adjust Assets and Liabilities to reflect preliminary purchase price allocation:

 

Cash and Cash Equivalents  $(184,052)
Receivables, net   (397,416)
Inventory, net   2,989,351 
Prepaid expenses and other current assets   41,598 
Notes payable   (432,320)
Accounts payable   3,306,543 
Accrued expenses   101,401 

 

(b)Record addition to current portion of long term debt as a result of the purchase of Vintage Stock, Inc. by Live Ventures $3,604,074
(c)Record additional annual interest expense due to new indebtedness related to the acquisition of Vintage Stock, Inc. $6,528,057
(d)Eliminate amortization of goodwill of $195,000 and $107,500 for fiscal years ended September 30, 2016 and 2015, respectively.
(e)Income tax provision @ 40% of Vintage Stock income less pro forma adjustments

 

 

 

 

 

GRAPHIC 5 kpm_logo.jpg GRAPHIC begin 644 kpm_logo.jpg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end GRAPHIC 6 kpm_header.jpg GRAPHIC begin 644 kpm_header.jpg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end GRAPHIC 7 kpm_footer.jpg GRAPHIC begin 644 kpm_footer.jpg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ex9901_image1.jpg GRAPHIC begin 644 ex9901_image1.jpg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