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Business Summary
Manufactures, retails, and imports home furnishings

Bassett Furniture Industries, Inc. is a retailer, manufacturer and marketer of home furnishings.

It operates through the three reportable segments: Wholesale, Retail, and Investments and Real Estate.

The Wholesale segment is involved principally in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores, including licensee-owned and company-owned retail stores and independent furniture retailers.

It includes its wood and upholstery operations.

The Retail segment consists of company owned stores in the United States of America.

The Investments and Real Estate segment consists of its holdings of retail real estate leased or previously leased as licensee stores.

The company was founded by John David Bassett in 1902 and is headquartered in Bassett, VA.

Number of employees : 1 501 persons.
Sales per Businesses
20122013Delta
USD (in Million)%USD (in Million)%
Wholesale185.1968.7%215.4567.1% +14.05%
Retail171.6363.6%199.3862.1% +13.92%
Investments and Real Estate-----
Eliminations-87.15-32.3%-93.55-29.1%-
Sales per Regions
20122013Delta
USD (in Million)%USD (in Million)%
United States269.67100%321.29100% +16.06%
Managers
NameAgeSinceTitle
Robert H. Spilman, Jr.571997President, Chief Executive Officer & Director
Paul A. Fulton781993Chairman
John Michael Daniel, CPA522007CFO, Senior VP & Head-Investor Relations
Stephen D. Harmon--Vice President-Information Technology
Peter W. Brown, MD711993Independent Director
William C. Wampler, Jr.532004Independent Director
George W. Henderson III, MBA652004Independent Director
William C. Warden, Jr.602004Independent Director
Howard H. Haworth781997Independent Director
Dale C. Pond672002Independent Director
Shareholders
NameShares%
Dimensional Fund Advisors LP 948,8098.75%
Donald Smith & Co., Inc. 687,7606.34%
GAMCO Asset Management Inc. 648,5575.98%
Mutual of America Capital Management LLC 417,5173.85%
Renaissance Technologies LLC 411,9003.80%
Walthausen & Co. LLC 354,5923.27%
The Vanguard Group, Inc. 348,7293.22%
BlackRock Fund Advisors 347,1303.20%
Aegis Financial Corp. 245,9012.27%
Acadian Asset Management LLC 218,9282.02%
Sector
Consumer Cyclicals
Cyclical Consumer Products
 Household Goods
  Home Furnishings
   Furniture
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Company contact information
Bassett Furniture Industries, Inc.
3525 Fairystone Park Highway
Bassett, VA 24055

Phone : +1.276.629.6000
Fax : +1.276.629.6333
Web : www.bassettfurniture.com
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