Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Williams-Sonoma Inc., adjusted total assets

US$ in thousands

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
As Reported
Total assets	5,273,548)	4,663,016)	4,625,620)	4,661,424)	4,054,042)	2,812,844)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	1,484,531)
Less: Deferred tax assets²	110,656)	81,389)	56,585)	61,854)	47,977)	44,055)
After Adjustment
Adjusted total assets	5,162,892)	4,581,627)	4,569,035)	4,599,570)	4,006,065)	4,253,320)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

Download chart

Williams-Sonoma Inc., adjusted current liabilities

US$ in thousands

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
As Reported
Current liabilities	1,880,315)	1,636,451)	1,771,686)	1,848,000)	1,609,555)	1,074,812)
Adjustments
Less: Current gift card and other deferred revenue	573,904)	479,229)	447,770)	373,164)	289,613)	290,445)
After Adjustment
Adjusted current liabilities	1,306,411)	1,157,222)	1,323,916)	1,474,836)	1,319,942)	784,367)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

Download chart

Williams-Sonoma Inc., adjusted total liabilities

US$ in thousands

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
As Reported
Total liabilities	3,145,687)	2,961,965)	2,961,413)	3,010,239)	2,818,182)	1,657,130)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	1,484,531)
Less: Deferred tax liabilities²	3,174)	2,401)	1,319)	3,113)	2,755)	2,530)
Less: Gift card and other deferred revenue	573,904)	479,229)	447,770)	373,164)	289,613)	290,445)
After Adjustment
Adjusted total liabilities	2,568,609)	2,480,335)	2,512,324)	2,633,962)	2,525,814)	2,848,686)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

Download chart

Williams-Sonoma Inc., adjusted stockholders’ equity

US$ in thousands

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
As Reported
Stockholders’ equity	2,127,861)	1,701,051)	1,664,207)	1,651,185)	1,235,860)	1,155,714)
Adjustments
Less: Deferred tax assets (liabilities), net¹	107,482)	78,988)	55,266)	58,741)	45,222)	41,525)
Add: Gift card and other deferred revenue	573,904)	479,229)	447,770)	373,164)	289,613)	290,445)
After Adjustment
Adjusted stockholders’ equity	2,594,283)	2,101,292)	2,056,711)	1,965,608)	1,480,251)	1,404,634)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

¹ Deferred tax assets (liabilities), net. See details »

Download chart

Williams-Sonoma Inc., adjusted capitalization table

US$ in thousands

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
As Reported
Current debt	—)	—)	—)	299,350)	299,818)	—)
Long-term debt	—)	—)	—)	—)	—)	299,620)
Total reported debt	—)	—)	—)	299,350)	299,818)	299,620)
Stockholders’ equity	2,127,861)	1,701,051)	1,664,207)	1,651,185)	1,235,860)	1,155,714)
Total reported capital	2,127,861)	1,701,051)	1,664,207)	1,950,535)	1,535,678)	1,455,334)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	1,484,531)
Add: Current operating lease liabilities²	234,517)	231,965)	217,409)	209,754)	227,923)	—)
Add: Long-term operating lease liabilities³	1,156,104)	1,211,693)	1,066,839)	1,025,057)	1,094,579)	—)
Adjusted total debt	1,390,621)	1,443,658)	1,284,248)	1,534,161)	1,622,320)	1,784,151)
Adjustments to Equity
Less: Deferred tax assets (liabilities), net⁴	107,482)	78,988)	55,266)	58,741)	45,222)	41,525)
Add: Gift card and other deferred revenue	573,904)	479,229)	447,770)	373,164)	289,613)	290,445)
Adjusted stockholders’ equity	2,594,283)	2,101,292)	2,056,711)	1,965,608)	1,480,251)	1,404,634)
After Adjustment
Adjusted total capital	3,984,904)	3,544,950)	3,340,959)	3,499,769)	3,102,571)	3,188,785)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities. See details »

³ Long-term operating lease liabilities. See details »

⁴ Deferred tax assets (liabilities), net. See details »

Download chart

Williams-Sonoma Inc., adjusted net revenues

US$ in thousands

12 months ended:	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
As Reported
Net revenues	7,750,652)	8,674,417)	8,245,936)	6,783,189)	5,898,008)	5,671,593)
Adjustment
Add: Increase (decrease) in gift card and other deferred revenue	94,675)	31,459)	74,606)	83,551)	(832)	(10,162)
After Adjustment
Adjusted net revenues	7,845,327)	8,705,876)	8,320,542)	6,866,740)	5,897,176)	5,661,431)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

Download chart

Williams-Sonoma Inc., adjusted net earnings

US$ in thousands

12 months ended:	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
As Reported
Net earnings	949,762)	1,127,904)	1,126,337)	680,714)	356,062)	333,684)
Adjustments
Add: Deferred income tax expense (benefit)¹	(29,085)	(23,823)	2,535)	(13,061)	(2,557)	23,639)
Add: Increase (decrease) in gift card and other deferred revenue	94,675)	31,459)	74,606)	83,551)	(832)	(10,162)
Add: Other comprehensive income (loss)	(1,743)	(2,981)	(3,711)	7,470)	(3,514)	(4,291)
After Adjustment
Adjusted net earnings	1,013,609)	1,132,559)	1,199,767)	758,674)	349,159)	342,870)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

¹ Deferred income tax expense (benefit). See details »

Download chart

Williams-Sonoma Inc. (NYSE:WSM)

Adjustments to Financial Statements

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income