10-Q Filing

E.L.F. BEAUTY, INC. CIK: 1600033 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-010721`
Period End Date	20170331
Filing Date	20170512
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	elf-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 30 Cash Flow Statement 54

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.66M	shares	Point-in-time
Cash	`Cash`	$15.29M	USD	Point-in-time
Cash	`Cash`	$14.81M	USD	Point-in-time
Cash	`Cash`	$5.38M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.28M	shares	Point-in-time
Cash	`Cash`	$14.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$29.14M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.66M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$37.83M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.28M	shares	Point-in-time
Inventories	`InventoryNet`	$76.90M	USD	Point-in-time
Inventories	`InventoryNet`	$69.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.08M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$115.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$124.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.28M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.15M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$111.14M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$113.00M	USD	Point-in-time
Goodwill	`Goodwill`	$157.26M	USD	Point-in-time
Goodwill	`Goodwill`	$157.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.19M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.41M	USD	Point-in-time
Total assets	`Assets`	$401.37M	USD	Point-in-time
Total assets	`Assets`	$414.73M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$8.65M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$23.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.86M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$16.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$33.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$80.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$59.94M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$154.19M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$156.18M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$34.21M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$34.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.21M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$273.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$251.72M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of December 31, 2016 and March 31, 2017; 45,276,137 and 45,655,937 shares issued and outstanding as of December 31, 2016 and March 31, 2017, respectively	`CommonStockValue`	$438.00K	USD	Point-in-time
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of December 31, 2016 and March 31, 2017; 45,276,137 and 45,655,937 shares issued and outstanding as of December 31, 2016 and March 31, 2017, respectively	`CommonStockValue`	$454.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$700.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$707.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-558.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-560.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$149.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$140.86M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$414.73M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$401.37M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$60.57M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$52.67M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$23.37M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$22.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$29.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$38.23M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$23.11M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.01M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.19M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.22M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-799.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.59M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.06M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.16M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.72M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.27M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$108.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.16M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-69.57	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-69.57	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	490,760.00	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.10M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	490,760.00	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.48M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.86M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.07M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$1.80M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$912.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.40M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$187.00K	USD	1 Quarter
Amortization of debt issuance costs and discount on debt	`AmortizationOfFinancingCostsAndDiscounts`	$202.00K	USD	1 Quarter
Amortization of debt issuance costs and discount on debt	`AmortizationOfFinancingCostsAndDiscounts`	$264.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-19.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-35.00K	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-117.00K	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-131.00K	USD	1 Quarter
Loss/(gain) on foreign currency forward contracts	`GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet`	$5.86M	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$24.00K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$199.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.48M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.62M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-2.85M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-415.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$304.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-31.45M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.36M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$792.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$11.30M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-22.04M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.92M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$676.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.92M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-676.00K	USD	1 Quarter
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$15.00M	USD	1 Quarter
Repayment of revolving line of credit	`RepaymentsOfLinesOfCredit`	$7.70M	USD	1 Quarter
Repayment of long term debt	`RepaymentsOfLongTermDebt`	$656.00K	USD	1 Quarter
Repayment of long term debt	`RepaymentsOfLongTermDebt`	$2.06M	USD	1 Quarter
Cash received from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$146.00K	USD	1 Quarter
Cash received from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$749.00K	USD	1 Quarter
Deferred offering costs paid	`PaymentsOfDeferredOfferingCosts`	$965.00K	USD	1 Quarter
Deferred offering costs paid	`PaymentsOfDeferredOfferingCosts`	$193.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-90.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-8.57M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$12.80M	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.92M	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$805.00K	USD	1 Quarter
Cash - beginning of period	`Cash`	$15.29M	USD	Point-in-time
Cash - beginning of period	`Cash`	$14.81M	USD	Point-in-time
Cash - beginning of period	`Cash`	$5.38M	USD	Point-in-time
Cash - beginning of period	`Cash`	$14.00M	USD	Point-in-time
Cash - end of period	`Cash`	$14.81M	USD	Point-in-time
Cash - end of period	`Cash`	$5.38M	USD	Point-in-time
Cash - end of period	`Cash`	$15.29M	USD	Point-in-time
Cash - end of period	`Cash`	$14.00M	USD	Point-in-time

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