10-Q Filing

HELEN OF TROY LTD CIK: 916789 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001558370-17-005075`
Period End Date	20170531
Filing Date	20170710
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	hele-20170531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 32 Cash Flow Statement 62 Comprehensive Income 18

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Receivables - principally trade, allowances (in dollars)	`AllowanceForDoubtfulReceivablesAndReturns`	$8.30M	USD	Point-in-time
Receivables - principally trade, allowances (in dollars)	`AllowanceForDoubtfulReceivablesAndReturns`	$5.66M	USD	Point-in-time
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$106.56M	USD	Point-in-time
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$110.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$225.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.09M	USD	Point-in-time
Other intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$172.07M	USD	Point-in-time
Other intangible assets, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$165.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.51M	USD	Point-in-time
Other assets, accumulated amortization (in dollars)	`OtherAssetsNoncurrentAccumulatedAmortization`	$1.95M	USD	Point-in-time
Receivables - principally trade, less allowances of $8.296 and $5,656	`AccountsReceivableNetCurrent`	$207.79M	USD	Point-in-time
Other assets, accumulated amortization (in dollars)	`OtherAssetsNoncurrentAccumulatedAmortization`	$1.93M	USD	Point-in-time
Receivables - principally trade, less allowances of $8.296 and $5,656	`AccountsReceivableNetCurrent`	$229.93M	USD	Point-in-time
Cumulative preferred stock, non-voting, par (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cumulative preferred stock, non-voting, par (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Inventory	`InventoryNet`	$312.02M	USD	Point-in-time
Inventory	`InventoryNet`	$289.12M	USD	Point-in-time
Cumulative preferred stock, non-voting, Authorized shares	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.87M	USD	Point-in-time
Cumulative preferred stock, non-voting, Authorized shares	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.70M	USD	Point-in-time
Cumulative preferred stock, non-voting, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$2.24M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$2.94M	USD	Point-in-time
Cumulative preferred stock, non-voting, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total assets, current	`AssetsCurrent`	$556.08M	USD	Point-in-time
Common stock, par (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total assets, current	`AssetsCurrent`	$551.14M	USD	Point-in-time
Common stock, par (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $110,022 and $106,561	`PropertyPlantAndEquipmentNet`	$135.60M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $110,022 and $106,561	`PropertyPlantAndEquipmentNet`	$134.94M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	27.03M	shares	Point-in-time
Goodwill	`Goodwill`	$698.93M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	27.22M	shares	Point-in-time
Goodwill	`Goodwill`	$672.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.22M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.03M	shares	Point-in-time
Other intangible assets, net of accumulated amortization of $172,072 and $165,388	`IntangibleAssetsNetExcludingGoodwill`	$411.00M	USD	Point-in-time
Other intangible assets, net of accumulated amortization of $172,072 and $165,388	`IntangibleAssetsNetExcludingGoodwill`	$419.49M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$2.05M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.96M	USD	Point-in-time
Other assets, net of accumulated amortization of $1,953 and $1,930	`OtherAssetsNoncurrent`	$1.96M	USD	Point-in-time
Other assets, net of accumulated amortization of $1,953 and $1,930	`OtherAssetsNoncurrent`	$1.71M	USD	Point-in-time
Total assets	`Assets`	$1.77B	USD	Point-in-time
Total assets	`Assets`	$1.81B	USD	Point-in-time
Accounts payable, principally trade	`AccountsPayableCurrent`	$136.43M	USD	Point-in-time
Accounts payable, principally trade	`AccountsPayableCurrent`	$111.76M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$133.77M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$153.20M	USD	Point-in-time
Long-term debt, current maturities	`LongTermDebtCurrent`	$20.60M	USD	Point-in-time
Long-term debt, current maturities	`LongTermDebtCurrent`	$24.40M	USD	Point-in-time
Total liabilities, current	`LiabilitiesCurrent`	$289.37M	USD	Point-in-time
Total liabilities, current	`LiabilitiesCurrent`	$290.80M	USD	Point-in-time
Long-term debt, excluding current maturities	`LongTermDebtNoncurrent`	$461.21M	USD	Point-in-time
Long-term debt, excluding current maturities	`LongTermDebtNoncurrent`	$433.24M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$20.09M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$7.64M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$18.57M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$21.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$792.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$750.24M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Cumulative preferred stock, non-voting, $1.00 par. Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Cumulative preferred stock, non-voting, $1.00 par. Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.10 par. Authorized 50,000,000 shares; 27,219,125 and 27,028,665 shares issued and outstanding	`CommonStockValue`	$2.72M	USD	Point-in-time
Common stock, $0.10 par. Authorized 50,000,000 shares; 27,219,125 and 27,028,665 shares issued and outstanding	`CommonStockValue`	$2.70M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$218.76M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$218.72M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$798.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$804.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.81B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Sales revenue, net	`SalesRevenueNet`	$359.61M	USD	1 Quarter
Sales revenue, net	`SalesRevenueNet`	$347.94M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$195.51M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$203.16M	USD	1 Quarter
Gross profit	`GrossProfit`	$156.45M	USD	1 Quarter
Gross profit	`GrossProfit`	$152.43M	USD	1 Quarter
Selling, general and administrative expense ("SG&A")	`SellingGeneralAndAdministrativeExpense`	$122.13M	USD	1 Quarter
Selling, general and administrative expense ("SG&A")	`SellingGeneralAndAdministrativeExpense`	$123.68M	USD	1 Quarter
Asset impairment charges	`AssetImpairmentCharges`	$36.00M	USD	1 Quarter
Asset impairment charges	`AssetImpairmentCharges`	$7.40M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-3.23M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$22.90M	USD	1 Quarter
Nonoperating income, net	`NonoperatingIncomeExpense`	$149.00K	USD	1 Quarter
Nonoperating income, net	`NonoperatingIncomeExpense`	$166.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.84M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.65M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.40M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.91M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$-601.00K	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$3.77M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-3.40M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-12.17M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.87M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$19.03M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.68	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.77M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.15M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.25M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.87M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$19.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.80M	USD	1 Quarter
Amortization of financing costs	`AmortizationOfFinancingCosts`	$290.00K	USD	1 Quarter
Amortization of financing costs	`AmortizationOfFinancingCosts`	$325.00K	USD	1 Quarter
Provision for doubtful receivables	`ProvisionForDoubtfulAccounts`	$-37.00K	USD	1 Quarter
Provision for doubtful receivables	`ProvisionForDoubtfulAccounts`	$347.00K	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$3.19M	USD	1 Quarter
Non-cash share-based compensation	`ShareBasedCompensation`	$5.61M	USD	1 Quarter
Non-cash intangible asset impairment charges	`GoodwillAndIntangibleAssetImpairment`	$36.00M	USD	1 Quarter
Non-cash intangible asset impairment charges	`GoodwillAndIntangibleAssetImpairment`	$7.40M	USD	1 Quarter
Loss on the sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$10.00K	USD	1 Quarter
Loss on the sale or disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-20.00K	USD	1 Quarter
Deferred income taxes and tax credits	`DeferredIncomeTaxesAndTaxCredits`	$-12.17M	USD	1 Quarter
Deferred income taxes and tax credits	`DeferredIncomeTaxesAndTaxCredits`	$-3.46M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-20.52M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-22.17M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$11.16M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$22.90M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.39M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.18M	USD	1 Quarter
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.93M	USD	1 Quarter
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.73M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.71M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.82M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.02M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-20.95M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.34M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.71M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.74M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.74M	USD	1 Quarter
Capital and intangible asset expenditures	`PaymentsToAcquireProductiveAssets`	$13.03M	USD	1 Quarter
Capital and intangible asset expenditures	`PaymentsToAcquireProductiveAssets`	$5.15M	USD	1 Quarter
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Proceeds from the sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.00K	USD	1 Quarter
Payments to acquire businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$209.26M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-214.41M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-13.01M	USD	1 Quarter
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$131.20M	USD	1 Quarter
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$100.20M	USD	1 Quarter
Repayment of line of credit	`RepaymentsOfLinesOfCredit`	$129.10M	USD	1 Quarter
Repayment of line of credit	`RepaymentsOfLinesOfCredit`	$157.60M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$5.70M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$3.80M	USD	1 Quarter
Payment of financing costs	`PaymentsOfFinancingCosts`	$14.00K	USD	1 Quarter
Proceeds from share issuances under share-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptionsAndTaxBenefits`	$3.58M	USD	1 Quarter
Proceeds from share issuances under share-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptionsAndTaxBenefits`	$3.13M	USD	1 Quarter
Payment of tax obligations resulting from cashless share award settlement	`PaymentsRelatedToTaxWithholdingForShareSettlementOfShareAwards`	$424.00K	USD	1 Quarter
Payment of tax obligations resulting from cashless share award settlement	`PaymentsRelatedToTaxWithholdingForShareSettlementOfShareAwards`	$6.79M	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-30.01M	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-35.31M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-202.69M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-6.58M	USD	1 Quarter
Cash and cash equivalents, beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$23.11M	USD	Point-in-time
Cash and cash equivalents, beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$225.80M	USD	Point-in-time
Cash and cash equivalents, beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$23.09M	USD	Point-in-time
Cash and cash equivalents, beginning balance	`CashAndCashEquivalentsAtCarryingValue`	$16.51M	USD	Point-in-time
Cash and cash equivalents, ending balance	`CashAndCashEquivalentsAtCarryingValue`	$23.11M	USD	Point-in-time
Cash and cash equivalents, ending balance	`CashAndCashEquivalentsAtCarryingValue`	$225.80M	USD	Point-in-time
Cash and cash equivalents, ending balance	`CashAndCashEquivalentsAtCarryingValue`	$23.09M	USD	Point-in-time
Cash and cash equivalents, ending balance	`CashAndCashEquivalentsAtCarryingValue`	$16.51M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.40M	USD	1 Quarter
Income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.91M	USD	1 Quarter
Total OCI, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-2.55M	USD	1 Quarter
Total OCI, before tax	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-861.00K	USD	1 Quarter
Comprehensive income (loss), before tax	`ComprehensiveIncomeBeforeTax`	$-9.45M	USD	1 Quarter
Comprehensive income (loss), before tax	`ComprehensiveIncomeBeforeTax`	$18.54M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-12.78M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$370.00K	USD	1 Quarter
Total OCI, tax	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-177.00K	USD	1 Quarter
Total OCI, tax	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-370.00K	USD	1 Quarter
Comprehensive income, Tax	`ComprehensiveIncomeTax`	$-13.14M	USD	1 Quarter
Comprehensive income, Tax	`ComprehensiveIncomeTax`	$193.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.87M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$19.03M	USD	1 Quarter
Total OCI	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-684.00K	USD	1 Quarter
Total OCI	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.18M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$3.69M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$18.34M	USD	1 Quarter

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