10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-17-008799 |
| Period End Date | 20170331 |
| Filing Date | 20170504 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | hlf-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common shares, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common shares, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common shares, shares authorized |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Common shares, shares authorized |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$889.80M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$774.20M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.78B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$844.00M | USD | Point-in-time |
| Common shares, shares outstanding |
CommonStockSharesOutstanding
|
92.20M | shares | Point-in-time |
| Common shares, shares outstanding |
CommonStockSharesOutstanding
|
93.10M | shares | Point-in-time |
| Receivables, net of allowance for doubtful accounts |
ReceivablesNetCurrent
|
$100.20M | USD | Point-in-time |
| Treasury stock shares, at cost |
TreasuryStockCommonShares
|
1.10M | shares | Point-in-time |
| Receivables, net of allowance for doubtful accounts |
ReceivablesNetCurrent
|
$70.30M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$371.30M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$375.00M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$151.40M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$176.90M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.41B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.46B | USD | Point-in-time |
| Property, at cost, net of accumulated depreciation and amortization |
PropertyPlantAndEquipmentNet
|
$378.00M | USD | Point-in-time |
| Property, at cost, net of accumulated depreciation and amortization |
PropertyPlantAndEquipmentNet
|
$373.30M | USD | Point-in-time |
| Marketing related intangibles and other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$310.10M | USD | Point-in-time |
| Marketing related intangibles and other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$310.10M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$89.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$93.50M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$324.90M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$373.90M | USD | Point-in-time |
| Total assets |
Assets
|
$3.56B | USD | Point-in-time |
| Total assets |
Assets
|
$2.57B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$80.70M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$66.00M | USD | Point-in-time |
| Royalty overrides |
AccruedRoyaltyOverrides
|
$249.10M | USD | Point-in-time |
| Royalty overrides |
AccruedRoyaltyOverrides
|
$261.20M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$9.50M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$103.60M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$454.80M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$507.20M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$791.50M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$940.60M | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$2.20B | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$1.44B | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$153.10M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$139.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.29B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.37B | USD | Point-in-time |
| CONTINGENCIES |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| CONTINGENCIES |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common shares, $0.001 par value; 1.0 billion shares authorized; 92.2 million (2017) and 93.1 million (2016) shares outstanding |
CommonStockValue
|
$100.00K | USD | Point-in-time |
| Common shares, $0.001 par value; 1.0 billion shares authorized; 92.2 million (2017) and 93.1 million (2016) shares outstanding |
CommonStockValue
|
$100.00K | USD | Point-in-time |
| Paid-in capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$467.60M | USD | Point-in-time |
| Paid-in capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$469.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-205.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-189.60M | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$-66.30M | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$48.40M | USD | Point-in-time |
| Treasury stock, at cost, 1.1 million shares (2017) |
TreasuryStockValue
|
$60.70M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$196.30M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$267.40M | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$2.57B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$3.56B | USD | Point-in-time |
Income Statement
33 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Product sales |
SalesRevenueGoodsNet
|
$1.04B | USD | 1 Quarter |
| Product sales |
SalesRevenueGoodsNet
|
$1.05B | USD | 1 Quarter |
| Shipping & handling revenues |
ShippingAndHandlingRevenue
|
$67.60M | USD | 1 Quarter |
| Shipping & handling revenues |
ShippingAndHandlingRevenue
|
$57.70M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.12B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.10B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$204.60M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$213.10M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$906.50M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$897.50M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverrides
|
$311.90M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverrides
|
$315.10M | USD | 1 Quarter |
| Selling, general & administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$427.10M | USD | 1 Quarter |
| Selling, general & administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$438.60M | USD | 1 Quarter |
| Other operating income |
OtherOperatingIncome
|
$800.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$168.30M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$143.80M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-30.20M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-24.90M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$113.60M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$143.40M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$47.60M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$28.40M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$85.20M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$95.80M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.03 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.16 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.98 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.12 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
82.80M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
83.10M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
86.70M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
85.60M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$85.20M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$95.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$23.90M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$24.50M | USD | 1 Quarter |
| Share-based compensation expenses |
ShareBasedCompensation
|
$11.30M | USD | 1 Quarter |
| Share-based compensation expenses |
ShareBasedCompensation
|
$9.80M | USD | 1 Quarter |
| Non-cash interest expense |
AmortizationOfFinancingCostsAndDiscounts
|
$14.40M | USD | 1 Quarter |
| Non-cash interest expense |
AmortizationOfFinancingCostsAndDiscounts
|
$15.60M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-3.20M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-3.20M | USD | 1 Quarter |
| Inventory write-downs |
InventoryWriteDown
|
$7.30M | USD | 1 Quarter |
| Inventory write-downs |
InventoryWriteDown
|
$4.60M | USD | 1 Quarter |
| Foreign exchange transaction gain |
ForeignExchangeTransactionGain
|
$400.00K | USD | 1 Quarter |
| Foreign exchange transaction gain |
ForeignExchangeTransactionGain
|
$700.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-1.10M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$1.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$17.30M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$27.90M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-7.30M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$2.60M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-5.40M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-25.10M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$5.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.80M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverridesIncreaseDecrease
|
$-18.80M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverridesIncreaseDecrease
|
$-10.40M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$44.60M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$8.30M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-4.80M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-5.30M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$175.50M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$141.10M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$29.70M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$24.50M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-4.10M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.20M | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-25.60M | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-25.70M | USD | 1 Quarter |
| Borrowings from senior secured credit facility, net of discount |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$1.27B | USD | 1 Quarter |
| Principal payments on senior secured credit facility and other debt |
RepaymentsOfSeniorDebt
|
$229.70M | USD | 1 Quarter |
| Principal payments on senior secured credit facility and other debt |
RepaymentsOfSeniorDebt
|
$413.40M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$22.60M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$2.30M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$58.10M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$600.00K | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.70M | USD | 1 Quarter |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$780.50M | USD | 1 Quarter |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-233.70M | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$2.60M | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$8.60M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-115.60M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$938.90M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$889.80M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$774.20M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$1.78B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$844.00M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$889.80M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$774.20M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$1.78B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$844.00M | USD | Point-in-time |
Comprehensive Income
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Foreign currency translation adjustment, tax |
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
$-800.00K | USD | 1 Quarter |
| Foreign currency translation adjustment, tax |
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
$2.60M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$85.20M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$95.80M | USD | 1 Quarter |
| Unrealized (loss) gain on derivatives, tax |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
$-200.00K | USD | 1 Quarter |
| Foreign currency translation adjustment, net of income taxes of $2.6 and $(0.8) for the three months ended March 31, 2017 and 2016, respectively |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$23.00M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of income taxes of $2.6 and $(0.8) for the three months ended March 31, 2017 and 2016, respectively |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$20.00M | USD | 1 Quarter |
| Other, tax |
OtherComprehensiveIncomeLossOtherTax
|
$100.00K | USD | 1 Quarter |
| Unrealized (loss) gain on derivatives, net of income tax of $(0.2) for the three months ended March 31, 2016 |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-5.60M | USD | 1 Quarter |
| Unrealized (loss) gain on derivatives, net of income tax of $(0.2) for the three months ended March 31, 2016 |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-7.50M | USD | 1 Quarter |
| Other, net of income taxes of $0.1 for the three months ended March 31, 2016 |
OtherComprehensiveIncomeLossOtherNetOfTaxPortionAttributableToParent
|
$-100.00K | USD | 1 Quarter |
| Total other comprehensive Income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$15.50M | USD | 1 Quarter |
| Total other comprehensive Income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$14.30M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$100.70M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$110.10M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.