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10-Q Filing

REVLON INC /DE/ CIK: 887921 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0000887921-14-000005
Period End Date 20140331
Filing Date 20140430
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance rev-20140331.xml
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts on trade receivables AllowanceForDoubtfulAccountsReceivableCurrent $5.80M USD Point-in-time
Allowance for doubtful accounts on trade receivables AllowanceForDoubtfulAccountsReceivableCurrent $4.20M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $196.30M USD Point-in-time
Accumulated depreciation on property, plant and equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $251.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $244.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $120.80M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $116.30M USD Point-in-time
Accumulated depreciation on property, plant and equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $243.10M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $19.00M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $24.60M USD Point-in-time
Trade receivables, less allowance for doubtful accounts of $5.8 and $4.2 as of March 31, 2014 and December 31, 2013, respectively AccountsReceivableNetCurrent $265.50M USD Point-in-time
Trade receivables, less allowance for doubtful accounts of $5.8 and $4.2 as of March 31, 2014 and December 31, 2013, respectively AccountsReceivableNetCurrent $253.50M USD Point-in-time
Inventories InventoryNet $188.40M USD Point-in-time
Inventories InventoryNet $175.00M USD Point-in-time
Deferred income taxes current DeferredTaxAssetsNetCurrent $65.10M USD Point-in-time
Deferred income taxes current DeferredTaxAssetsNetCurrent $61.20M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $61.40M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $72.40M USD Point-in-time
Total current assets AssetsCurrent $783.80M USD Point-in-time
Total current assets AssetsCurrent $799.10M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $251.5 and $243.1 as of March 31, 2014 and December 31, 2013, respectively PropertyPlantAndEquipmentNet $195.90M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $251.5 and $243.1 as of March 31, 2014 and December 31, 2013, respectively PropertyPlantAndEquipmentNet $195.50M USD Point-in-time
Deferred income taxes noncurrent DeferredTaxAssetsNetNoncurrent $172.60M USD Point-in-time
Deferred income taxes noncurrent DeferredTaxAssetsNetNoncurrent $179.60M USD Point-in-time
Goodwill Goodwill $472.30M USD Point-in-time
Goodwill Goodwill $253.30M USD Point-in-time
Goodwill Goodwill $472.30M USD Point-in-time
Intangible assets, net of accumulated amortization of $24.6 and $19.0 as of March 31, 2014 and December 31, 2013, respectively IntangibleAssetsNetExcludingGoodwill $355.10M USD Point-in-time
Intangible assets, net of accumulated amortization of $24.6 and $19.0 as of March 31, 2014 and December 31, 2013, respectively IntangibleAssetsNetExcludingGoodwill $360.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $125.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $123.80M USD Point-in-time
Total assets Assets $2.11B USD Point-in-time
Total assets Assets $2.13B USD Point-in-time
Short-term borrowings ShortTermBorrowings $11.80M USD Point-in-time
Short-term borrowings ShortTermBorrowings $7.90M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $65.40M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $65.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $165.70M USD Point-in-time
Accounts payable AccountsPayableCurrent $185.60M USD Point-in-time
Accrued expenses and other OtherLiabilitiesCurrent $272.10M USD Point-in-time
Accrued expenses and other OtherLiabilitiesCurrent $313.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $552.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $534.90M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.86B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.86B USD Point-in-time
Long-term pension and other post-retirement plan liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $118.30M USD Point-in-time
Long-term pension and other post-retirement plan liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $109.80M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $194.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $188.10M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.02B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.02B USD Point-in-time
Treasury stock, at cost: 754,853 shares of Class A Common Stock as of March 31, 2014 and December 31, 2013, respectively TreasuryStockValue $9.80M USD Point-in-time
Treasury stock, at cost: 754,853 shares of Class A Common Stock as of March 31, 2014 and December 31, 2013, respectively TreasuryStockValue $9.80M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.45B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.45B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-149.80M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-148.00M USD Point-in-time
Total stockholders deficiency StockholdersEquity $-589.00M USD Point-in-time
Total stockholders deficiency StockholdersEquity $-596.50M USD Point-in-time
Total liabilities and stockholders deficiency LiabilitiesAndStockholdersEquity $2.11B USD Point-in-time
Total liabilities and stockholders deficiency LiabilitiesAndStockholdersEquity $2.13B USD Point-in-time
Income Statement 64 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $469.80M USD 1 Quarter
Net sales SalesRevenueNet $325.90M USD 1 Quarter
Cost of sales CostOfGoodsSold $163.50M USD 1 Quarter
Cost of sales CostOfGoodsSold $114.40M USD 1 Quarter
Gross profit GrossProfit $211.50M USD 1 Quarter
Gross profit GrossProfit $306.30M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $161.60M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $246.20M USD 1 Quarter
Acquisition and integration costs BusinessCombinationAcquisitionandIntegrationRelatedCosts - USD 1 Quarter
Acquisition and integration costs BusinessCombinationAcquisitionandIntegrationRelatedCosts $3.80M USD 1 Quarter
Restructuring charges and other, net RestructuringCharges $13.50M USD 1 Quarter
Restructuring charges and other, net RestructuringCharges $200.00K USD 1 Quarter
Operating income OperatingIncomeLoss $49.70M USD 1 Quarter
Operating income OperatingIncomeLoss $42.80M USD 1 Quarter
Interest expense InterestExpense $22.30M USD 1 Quarter
Interest expense InterestExpense $18.80M USD 1 Quarter
Interest expense preferred stock dividends InterestExpenseOther $1.60M USD 1 Quarter
Interest expense preferred stock dividends InterestExpenseOther - USD 1 Quarter
Amortization of debt issuance costs OtherAmortizationOfDeferredCharges $1.40M USD 1 Quarter
Amortization of debt issuance costs OtherAmortizationOfDeferredCharges $1.30M USD 1 Quarter
Loss on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.90M USD 1 Quarter
Loss on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-27.90M USD 1 Quarter
Foreign currency losses, net ForeignCurrencyTransactionGainLossBeforeTax $-1.40M USD 1 Quarter
Foreign currency losses, net ForeignCurrencyTransactionGainLossBeforeTax $-3.30M USD 1 Quarter
Miscellaneous, net OtherNonoperatingIncomeExpense $-100.00K USD 1 Quarter
Miscellaneous, net OtherNonoperatingIncomeExpense $-100.00K USD 1 Quarter
Other expenses, net NonoperatingIncomeExpense $-53.00M USD 1 Quarter
Other expenses, net NonoperatingIncomeExpense $-27.10M USD 1 Quarter
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-3.30M USD 1 Quarter
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $15.70M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $7.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $1.20M USD 1 Quarter
Income (loss) from continuing operations, net of taxes IncomeLossFromContinuingOperations $-4.50M USD 1 Quarter
Income (loss) from continuing operations, net of taxes IncomeLossFromContinuingOperations $8.70M USD 1 Quarter
Loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-3.20M USD 1 Quarter
Loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-2.40M USD 1 Quarter
Net income (loss) NetIncomeLoss $-6.90M USD 1 Quarter
Net income (loss) NetIncomeLoss $5.50M USD 1 Quarter
Currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $1.60M USD 1 Quarter
Currency translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-800.00K USD 1 Quarter
Amortization of pension related costs, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax $-1.20M USD 1 Quarter
Amortization of pension related costs, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax $-1.90M USD 1 Quarter
Revaluation of derivative financial instruments, net of tax(c) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-1.00M USD 1 Quarter
Revaluation of derivative financial instruments, net of tax(c) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $1.80M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $1.10M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTax $7.30M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTax $-5.80M USD 1 Quarter
Continuing operations (usd per share) IncomeLossFromContinuingOperationsPerBasicShare $0.17 USD 1 Quarter
Continuing operations (usd per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.08 USD 1 Quarter
Discontinued operations (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.05 USD 1 Quarter
Discontinued operations (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.06 USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $0.11 USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $-0.13 USD 1 Quarter
Continuing operations (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.08 USD 1 Quarter
Continuing operations (usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.17 USD 1 Quarter
Discontinued operations (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.06 USD 1 Quarter
Discontinued operations (usd per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.05 USD 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $0.11 USD 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $-0.13 USD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 52.36M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 52.36M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 52.37M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 52.36M shares 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-6.90M USD 1 Quarter
Net income (loss) NetIncomeLoss $5.50M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $24.80M USD 1 Quarter
Amortization of debt discount AmortizationOfDebtDiscountPremium $400.00K USD 1 Quarter
Amortization of debt discount AmortizationOfDebtDiscountPremium $300.00K USD 1 Quarter
Stock compensation amortization ShareBasedCompensation - USD 1 Quarter
Stock compensation amortization ShareBasedCompensation $200.00K USD 1 Quarter
Provision for (benefit from) deferred income taxes DeferredIncomeTaxExpenseBenefitAndBenefitOfOperatingLossCarryforwards $8.20M USD 1 Quarter
Provision for (benefit from) deferred income taxes DeferredIncomeTaxExpenseBenefitAndBenefitOfOperatingLossCarryforwards $-1.60M USD 1 Quarter
Loss on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.90M USD 1 Quarter
Loss on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-27.90M USD 1 Quarter
Amortization of debt issuance costs OtherAmortizationOfDeferredCharges $1.40M USD 1 Quarter
Amortization of debt issuance costs OtherAmortizationOfDeferredCharges $1.30M USD 1 Quarter
Gain on sale of certain assets GainLossOnSaleOfOtherAssets $400.00K USD 1 Quarter
Gain on sale of certain assets GainLossOnSaleOfOtherAssets - USD 1 Quarter
Pension and other post-retirement income PensionAndOtherPostretirementBenefitExpense $-1.30M USD 1 Quarter
Pension and other post-retirement income PensionAndOtherPostretirementBenefitExpense $-100.00K USD 1 Quarter
(Increase) decrease in trade receivables IncreaseDecreaseInAccountsReceivable $-26.90M USD 1 Quarter
(Increase) decrease in trade receivables IncreaseDecreaseInAccountsReceivable $12.90M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $15.40M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $13.70M USD 1 Quarter
Increase in prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $10.50M USD 1 Quarter
Increase in prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $9.60M USD 1 Quarter
Increase in accounts payable IncreaseDecreaseInAccountsPayable $16.10M USD 1 Quarter
Increase in accounts payable IncreaseDecreaseInAccountsPayable $11.10M USD 1 Quarter
Decrease in accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-48.30M USD 1 Quarter
Decrease in accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-37.60M USD 1 Quarter
Pension and other post-retirement plan contributions PensionAndOtherPostretirementBenefitContributions $6.30M USD 1 Quarter
Pension and other post-retirement plan contributions PensionAndOtherPostretirementBenefitContributions $2.70M USD 1 Quarter
Purchases of permanent displays PurchasesOfPermanentDisplays $11.10M USD 1 Quarter
Purchases of permanent displays PurchasesOfPermanentDisplays $13.70M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $8.80M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $4.50M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-16.90M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-45.50M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $3.70M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $5.50M USD 1 Quarter
Proceeds from the sale of certain assets ProceedsFromSaleOfProductiveAssets $100.00K USD 1 Quarter
Proceeds from the sale of certain assets ProceedsFromSaleOfProductiveAssets $400.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-3.60M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-5.10M USD 1 Quarter
Net increase in short-term borrowings and overdraft ProceedsFromRepaymentsOfShortTermDebt $6.10M USD 1 Quarter
Net increase in short-term borrowings and overdraft ProceedsFromRepaymentsOfShortTermDebt $200.00K USD 1 Quarter
Payment of financing costs PaymentsOfFinancingCosts $27.90M USD 1 Quarter
Payment of financing costs PaymentsOfFinancingCosts $1.60M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-500.00K USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-600.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $2.20M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $28.70M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-900.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-2.20M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-47.80M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $4.50M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $196.30M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $244.10M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $120.80M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $116.30M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $196.30M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $244.10M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $120.80M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $116.30M USD Point-in-time
Interest InterestPaidNet $29.50M USD 1 Quarter
Interest InterestPaidNet $24.20M USD 1 Quarter
Income taxes, net of refunds IncomeTaxesPaidNet $2.70M USD 1 Quarter
Income taxes, net of refunds IncomeTaxesPaidNet $4.90M USD 1 Quarter
Preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $1.60M USD 1 Quarter
Preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock - USD 1 Quarter
Stockholders Equity 9 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $-589.00M USD Point-in-time
Beginning balance StockholdersEquity $-596.50M USD Point-in-time
Stock-based compensation amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $200.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $-6.90M USD 1 Quarter
Net income (loss) NetIncomeLoss $5.50M USD 1 Quarter
Other comprehensive income, net OtherComprehensiveIncomeLossNetOfTax $1.80M USD 1 Quarter
Other comprehensive income, net OtherComprehensiveIncomeLossNetOfTax $1.10M USD 1 Quarter
Ending balance StockholdersEquity $-589.00M USD Point-in-time
Ending balance StockholdersEquity $-596.50M USD Point-in-time
Comprehensive Income 5 line items
Line Item Tag Value Unit Period
Currency translation adjustment, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $500.00K USD 1 Quarter
Currency translation adjustment, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-300.00K USD 1 Quarter
Amortization of pension related costs, tax benefit OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax $-300.00K USD 1 Quarter
Amortization of pension related costs, tax benefit OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax - USD 1 Quarter
Revaluation of derivative financial instruments, tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $-600.00K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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