10-Q Filing

ALBERTO-CULVER CO CIK: 1368457 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-024421`
Period End Date	20101231
Filing Date	20110204
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	acv-20101231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 46 Cash Flow Statement 67

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.99M	USD	Point-in-time
Receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.71M	USD	Point-in-time
Property, plant and equipment at cost, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$228.44M	USD	Point-in-time
Property, plant and equipment at cost, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$222.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$401.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$469.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$301.98M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Receivables, less allowance for doubtful accounts ($1,992 at December 31, 2010 and $1,710 at September 30, 2010)	`ReceivablesNetCurrent`	$274.32M	USD	Point-in-time
Receivables, less allowance for doubtful accounts ($1,992 at December 31, 2010 and $1,710 at September 30, 2010)	`ReceivablesNetCurrent`	$283.18M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Raw materials	`InventoryRawMaterials`	$43.84M	USD	Point-in-time
Raw materials	`InventoryRawMaterials`	$48.14M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$5.37M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$5.25M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	102.74M	shares	Point-in-time
Finished goods	`InventoryFinishedGoods`	$117.92M	USD	Point-in-time
Finished goods	`InventoryFinishedGoods`	$126.56M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	98.81M	shares	Point-in-time
Total inventories	`InventoryNet`	$171.31M	USD	Point-in-time
Total inventories	`InventoryNet`	$175.77M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$15.49M	USD	Point-in-time
Income taxes	`IncomeTaxesReceivableAndDeferredIncomeTaxesCurrent`	$38.49M	USD	Point-in-time
Income taxes	`IncomeTaxesReceivableAndDeferredIncomeTaxesCurrent`	$32.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$804.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$910.21M	USD	Point-in-time
Property, plant and equipment at cost, less accumulated depreciation ($228,436 at December 31, 2010 and $222,368 at September 30, 2010)	`PropertyPlantAndEquipmentNet`	$242.97M	USD	Point-in-time
Property, plant and equipment at cost, less accumulated depreciation ($228,436 at December 31, 2010 and $222,368 at September 30, 2010)	`PropertyPlantAndEquipmentNet`	$247.05M	USD	Point-in-time
Goodwill	`Goodwill`	$521.20M	USD	Point-in-time
Goodwill	`Goodwill`	$521.67M	USD	Point-in-time
Trade names	`IndefiniteLivedTradeNames`	$166.95M	USD	Point-in-time
Trade names	`IndefiniteLivedTradeNames`	$167.51M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$53.71M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$52.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$84.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$84.10M	USD	Point-in-time
Total assets	`Assets`	$1.88B	USD	Point-in-time
Total assets	`Assets`	$1.98B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$173.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$181.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$126.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$111.88M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$121.93M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$148.69M	USD	Point-in-time
Income taxes	`DeferredTaxLiabilitiesAndAccruedIncomeTaxesCurrent`	$8.13M	USD	Point-in-time
Income taxes	`DeferredTaxLiabilitiesAndAccruedIncomeTaxesCurrent`	$7.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$242.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$283.42M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$150.24M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$150.20M	USD	Point-in-time
Income taxes	`DeferredTaxLiabilitiesAndAccruedIncomeTaxesNoncurrent`	$69.27M	USD	Point-in-time
Income taxes	`DeferredTaxLiabilitiesAndAccruedIncomeTaxesNoncurrent`	$74.89M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$46.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$48.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$551.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$513.30M	USD	Point-in-time
Stock options subject to redemption	`TemporaryEquityCarryingAmount`	$1.05M	USD	Point-in-time
Stock options subject to redemption	`TemporaryEquityCarryingAmount`	$2.63M	USD	Point-in-time
Preferred stock, par value $.01 per share, authorized 50,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $.01 per share, authorized 50,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $.01 per share, authorized 300,000,000 shares, issued 102,744,748 shares at December 31, 2010 and 98,809,923 shares at September 30, 2010	`CommonStockValue`	$988.00K	USD	Point-in-time
Common stock, par value $.01 per share, authorized 300,000,000 shares, issued 102,744,748 shares at December 31, 2010 and 98,809,923 shares at September 30, 2010	`CommonStockValue`	$1.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$591.61M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$491.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$942.09M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$902.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-70.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-70.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.32B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.98B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.88B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$405.34M	USD	1 Quarter
Interest expense (income), interest income	`InvestmentIncomeInterest`	$482.00K	USD	1 Quarter
Net sales	`SalesRevenueNet`	$362.96M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$169.22M	USD	1 Quarter
Interest expense (income), interest expense	`InterestExpense`	$104.00K	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$189.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$193.74M	USD	1 Quarter
Gross profit	`GrossProfit`	$215.59M	USD	1 Quarter
Advertising, marketing, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$137.73M	USD	1 Quarter
Advertising, marketing, selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$128.02M	USD	1 Quarter
Transaction expenses (notes 11 and 13)	`BusinessCombinationAcquisitionRelatedCosts`	$5.33M	USD	1 Quarter
Transaction expenses (notes 11 and 13)	`BusinessCombinationAcquisitionRelatedCosts`	$6.12M	USD	1 Quarter
Restructuring and other (note 3)	`RestructuringCharges`	$4.21M	USD	1 Quarter
Restructuring and other (note 3)	`RestructuringCharges`	$201.00K	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$72.32M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$55.40M	USD	1 Quarter
Interest expense (income), net of interest income of $482 in 2010 and interest expense of $104 in 2009	`InterestIncomeExpenseNet`	$-1.79M	USD	1 Quarter
Interest expense (income), net of interest income of $482 in 2010 and interest expense of $104 in 2009	`InterestIncomeExpenseNet`	$258.00K	USD	1 Quarter
Earnings from continuing operations before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$70.53M	USD	1 Quarter
Earnings from continuing operations before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$55.66M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.79M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.02M	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$47.74M	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$36.63M	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-42.00K	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-113.00K	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$36.59M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$47.63M	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.48	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.37	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Total	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Total	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.47	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.37	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Total	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Total	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	97.81M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	99.92M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.55M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.91M	shares	1 Quarter
Cash dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	1 Quarter
Cash dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$36.59M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$47.63M	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-42.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-113.00K	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$36.63M	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$47.74M	USD	1 Quarter
Depreciation	`Depreciation`	$6.76M	USD	1 Quarter
Depreciation	`Depreciation`	$6.46M	USD	1 Quarter
Amortization of other assets	`AdjustmentForAmortization`	$483.00K	USD	1 Quarter
Amortization of other assets	`AdjustmentForAmortization`	$634.00K	USD	1 Quarter
Restructuring and other - non-cash charges	`OtherRestructuringCosts`	$622.00K	USD	1 Quarter
Restructuring and other - non-cash charges	`OtherRestructuringCosts`	$144.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.85M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.54M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$5.76M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.56M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$-18.81M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$-11.34M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.70M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$12.91M	USD	1 Quarter
Other current assets	`IncreaseDecreaseOtherCurrentAssets`	$4.41M	USD	1 Quarter
Other current assets	`IncreaseDecreaseOtherCurrentAssets`	$4.49M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-31.59M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-47.04M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.20M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.77M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$180.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$259.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-655.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$518.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$13.10M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$31.98M	USD	1 Quarter
Proceeds from settlement of investment	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$600.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.83M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.65M	USD	1 Quarter
Payments for purchased businesses, net of cash acquired (note 11)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$384.13M	USD	1 Quarter
Proceeds from the sale of BDM Grange	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$478.00K	USD	1 Quarter
Proceeds from disposals of assets	`ProceedsFromSaleOfProductiveAssets`	$42.00K	USD	1 Quarter
Proceeds from disposals of assets	`ProceedsFromSaleOfProductiveAssets`	$21.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.21M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-392.26M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$45.00K	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$43.00K	USD	1 Quarter
Change in book cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$1.95M	USD	1 Quarter
Change in book cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$776.00K	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$80.62M	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$7.75M	USD	1 Quarter
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.09M	USD	1 Quarter
Excess tax benefit from stock option exercises	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$16.78M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividends`	$7.36M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividends`	$8.44M	USD	1 Quarter
Stock purchased (note 6)	`PaymentsForRepurchaseOfCommonStock`	$1.49M	USD	1 Quarter
Stock purchased (note 6)	`PaymentsForRepurchaseOfCommonStock`	$15.57M	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$89.36M	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.35M	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$386.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.30M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-376.94M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$99.65M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$401.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$469.77M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$92.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$301.98M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$469.77M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$92.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$401.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$301.98M	USD	Point-in-time

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