10-Q Filing

EDGEWELL PERSONAL CARE CO CIK: 1096752 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001096752-19-000006`
Period End Date	20181231
Filing Date	20190207
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	epc-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 42 Cash Flow Statement 52 Stockholders Equity 23 Comprehensive Income 4

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.70M	USD	Point-in-time
Preferred shares, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred shares, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$529.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$502.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$266.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.90M	USD	Point-in-time
Trade receivables, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$163.60M	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade receivables, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$226.50M	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$367.30M	USD	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$329.50M	USD	Point-in-time
Common shares, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$128.80M	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$128.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$899.60M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$951.20M	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	65.25M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$424.10M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	65.25M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$410.40M	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	54.12M	shares	Point-in-time
Goodwill	`Goodwill`	$1.45B	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	54.04M	shares	Point-in-time
Goodwill	`Goodwill`	$1.45B	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	11.13M	shares	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	11.21M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.10B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.09B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$32.30M	USD	Point-in-time
Total assets	`Assets`	$3.95B	USD	Point-in-time
Total assets	`Assets`	$3.88B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$184.90M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$185.00M	USD	Point-in-time
Notes payable	`ShortTermBankLoansAndNotesPayable`	$10.10M	USD	Point-in-time
Notes payable	`ShortTermBankLoansAndNotesPayable`	$8.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$238.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$207.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$285.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$212.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$615.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$717.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.10B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.14B	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$175.70M	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$176.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$211.80M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$215.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.21B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.14B	USD	Point-in-time
Preferred shares	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred shares	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common shares	`CommonStockValueOutstanding`	$700.00K	USD	Point-in-time
Common shares	`CommonStockValueOutstanding`	$700.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.63B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.62B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.08B	USD	Point-in-time
Common shares in treasury at cost	`TreasuryStockValue`	$812.60M	USD	Point-in-time
Common shares in treasury at cost	`TreasuryStockValue`	$819.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-131.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-148.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-121.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-160.40M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.66B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.95B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.88B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$468.30M	USD	1 Quarter
Net sales	`Revenues`	$457.10M	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$269.00M	USD	1 Quarter
Cost of products sold	`CostOfGoodsAndServicesSold`	$263.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$193.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$199.30M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$87.30M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$97.90M	USD	1 Quarter
Advertising and sales promotion expense	`MarketingAndAdvertisingExpense`	$49.00M	USD	1 Quarter
Advertising and sales promotion expense	`MarketingAndAdvertisingExpense`	$51.60M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$12.60M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$16.10M	USD	1 Quarter
Gain on sale of Playtex gloves	`GainonsaleofPlaytexgloves`	-	USD	1 Quarter
Gain on sale of Playtex gloves	`GainonsaleofPlaytexgloves`	$15.90M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$17.10M	USD	1 Quarter
Interest expense associated with debt	`InterestExpense`	$16.00M	USD	1 Quarter
Interest expense associated with debt	`InterestExpense`	$17.80M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-1.30M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-1.30M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.10M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.60M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$26.40M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Basic net (loss) earnings per share	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic net (loss) earnings per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted net (loss) earnings per share	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted net (loss) earnings per share	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.80M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.50M	USD	1 Quarter
Pension and postretirement activity, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Pension and postretirement activity, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-400.00K	USD	1 Quarter
Deferred (loss) gain on hedging activity, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$200.00K	USD	1 Quarter
Deferred (loss) gain on hedging activity, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.30M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-12.10M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$10.10M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-12.50M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$16.80M	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.80M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$4.80M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$4.90M	USD	1 Quarter
Loss (gain) on sale of assets	`GainLossOnDispositionOfAssets1`	$-700.00K	USD	1 Quarter
Loss (gain) on sale of assets	`GainLossOnDispositionOfAssets1`	$13.90M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-28.90M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-100.00K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$5.10M	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-4.80M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$78.70M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$12.80M	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.10M	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-46.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$9.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$11.60M	USD	1 Quarter
Playtex gloves sale	`ProceedsFromSaleOfOtherAssets1`	-	USD	1 Quarter
Playtex gloves sale	`ProceedsFromSaleOfOtherAssets1`	$19.00M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.10M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$4.00M	USD	1 Quarter
Collection of deferred purchase price on accounts receivable sold	`ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables`	$2.50M	USD	1 Quarter
Collection of deferred purchase price on accounts receivable sold	`ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables`	$1.70M	USD	1 Quarter
Net cash (used by) from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$11.20M	USD	1 Quarter
Net cash (used by) from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.90M	USD	1 Quarter
Cash proceeds from debt with original maturities greater than 90 days	`ProceedsFromIssuanceOfLongTermDebt`	$137.00M	USD	1 Quarter
Cash proceeds from debt with original maturities greater than 90 days	`ProceedsFromIssuanceOfLongTermDebt`	$253.00M	USD	1 Quarter
Cash payments on debt with original maturities greater than 90 days	`RepaymentsOfLongTermDebt`	$105.00M	USD	1 Quarter
Cash payments on debt with original maturities greater than 90 days	`RepaymentsOfLongTermDebt`	$100.00M	USD	1 Quarter
Net decrease in debt with original maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-1.30M	USD	1 Quarter
Net decrease in debt with original maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-900.00K	USD	1 Quarter
Common shares purchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Common shares purchased	`PaymentsForRepurchaseOfCommonStock`	$115.20M	USD	1 Quarter
Net financing inflow (outflow) from the Accounts Receivable Facility	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.10M	USD	1 Quarter
Net financing inflow (outflow) from the Accounts Receivable Facility	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.40M	USD	1 Quarter
Employee shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.50M	USD	1 Quarter
Employee shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.00M	USD	1 Quarter
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.90M	USD	1 Quarter
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.50M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.70M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$4.00M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$27.00M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-26.50M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$266.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$502.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$239.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$529.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$502.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$239.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$266.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$529.90M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Total shareholders' equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.66B	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	11.13M	shares	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	11.21M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	65.25M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	65.25M	shares	Point-in-time
Net (loss) earnings	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$6.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.50M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.80M	USD	1 Quarter
Pension and postretirement activity, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Pension and postretirement activity, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-400.00K	USD	1 Quarter
Deferred (loss) gain on hedging activity, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$200.00K	USD	1 Quarter
Deferred (loss) gain on hedging activity, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.30M	USD	1 Quarter
Repurchase of shares (in usd)	`TreasuryStockValueAcquiredCostMethod`	$115.20M	USD	1 Quarter
Activity under share plans (in usd)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.30M	USD	1 Quarter
Activity under share plans (in usd)	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.50M	USD	1 Quarter
Total shareholders' equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.74B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.66B	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Pension and postretirement activity, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$300.00K	USD	1 Quarter
Pension and postretirement activity, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$100.00K	USD	1 Quarter
Deferred (loss) gain on hedging activity, tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$100.00K	USD	1 Quarter
Deferred (loss) gain on hedging activity, tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$-700.00K	USD	1 Quarter

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