10-Q Filing

E.L.F. BEAUTY, INC. CIK: 1600033 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-017356`
Period End Date	20170630
Filing Date	20170811
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	elf-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 60 Cash Flow Statement 64

Balance Sheet 59 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`	45.28M	shares	Point-in-time
Cash	`Cash`	$3.76M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.08M	shares	Point-in-time
Cash	`Cash`	$3.35M	USD	Point-in-time
Cash	`Cash`	$15.29M	USD	Point-in-time
Cash	`Cash`	$14.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.28M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$26.14M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.08M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$37.83M	USD	Point-in-time
Inventories	`InventoryNet`	$72.27M	USD	Point-in-time
Inventories	`InventoryNet`	$69.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.72M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.39M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$124.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$107.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.08M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.15M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$109.39M	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
Investments	`CostMethodInvestments`	$2.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.72M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.41M	USD	Point-in-time
Total assets	`Assets`	$395.82M	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`	$22.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.65M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$12.05M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$33.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$80.27M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$156.18M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$152.20M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$31.74M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$34.21M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.26M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$237.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$273.87M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`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 June 30, 2017; 45,276,137 and 46,082,501 shares issued and outstanding as of December 31, 2016 and June 30, 2017, respectively	`CommonStockValue`	$458.00K	USD	Point-in-time
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of December 31, 2016 and June 30, 2017; 45,276,137 and 46,082,501 shares issued and outstanding as of December 31, 2016 and June 30, 2017, respectively	`CommonStockValue`	$438.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$700.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$712.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-554.32M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-560.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$140.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$158.15M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$395.82M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$414.73M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$116.43M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$44.15M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$96.82M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$55.86M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$19.01M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$19.97M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$42.38M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$42.31M	USD	2 Qtrs
Gross profit	`GrossProfit`	$54.44M	USD	2 Qtrs
Gross profit	`GrossProfit`	$25.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$35.89M	USD	1 Quarter
Gross profit	`GrossProfit`	$74.12M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$65.71M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$47.80M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$24.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$442.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.63M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$8.41M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$3.19M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.96M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-244.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.04M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.63M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.39M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.33M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-4.54M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-6.40M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.82M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.52M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.20M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$554.00K	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-1.80M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-3.31M	USD	2 Qtrs
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$1.11M	USD	2 Qtrs
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-3.42M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.71M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.09M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$3.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.13M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.97M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.09M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.71M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$6.13M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-117.31	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.14	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-200.43	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-117.31	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-200.43	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.12	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	821,695.00	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	651,268.00	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.79M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.47M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	651,268.00	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.51M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.52M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	821,695.00	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-2.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.09M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.13M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.61M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.14M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.80M	USD	1 Quarter
Depreciation of property and equipment	`Depreciation`	$3.53M	USD	2 Qtrs
Depreciation of property and equipment	`Depreciation`	$2.09M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.16M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.93M	USD	2 Qtrs
Amortization of debt issuance costs and discount on debt	`AmortizationOfFinancingCostsAndDiscounts`	$571.00K	USD	2 Qtrs
Amortization of debt issuance costs and discount on debt	`AmortizationOfFinancingCostsAndDiscounts`	$403.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-2.68M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.91M	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-219.00K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-183.00K	USD	2 Qtrs
Loss/(gain) on foreign currency forward contracts	`GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet`	$5.28M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$17.00K	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$181.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-11.49M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-847.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.86M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.11M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.51M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.10M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-40.33M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.86M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$52.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.28M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.86M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.86M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.91M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.15M	USD	2 Qtrs
Investment in equity securities	`PaymentsToAcquireInvestments`	$2.88M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$84.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.83M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-5.02M	USD	2 Qtrs
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$2.00M	USD	2 Qtrs
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$20.60M	USD	2 Qtrs
Repayment of revolving line of credit	`RepaymentsOfLinesOfCredit`	$6.50M	USD	2 Qtrs
Repayment of revolving line of credit	`RepaymentsOfLinesOfCredit`	$7.70M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$62.29M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$4.12M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$1.31M	USD	2 Qtrs
Cash received from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.15M	USD	2 Qtrs
Cash received from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$669.00K	USD	2 Qtrs
Deferred offering costs paid	`PaymentsOfDeferredOfferingCosts`	$3.14M	USD	2 Qtrs
Dividend paid	`PaymentsOfDividends`	$68.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-182.00K	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-85.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-15.27M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$10.95M	USD	2 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-11.94M	USD	2 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.24M	USD	2 Qtrs
Cash - beginning of period	`Cash`	$3.76M	USD	Point-in-time
Cash - beginning of period	`Cash`	$3.35M	USD	Point-in-time
Cash - beginning of period	`Cash`	$15.29M	USD	Point-in-time
Cash - beginning of period	`Cash`	$14.00M	USD	Point-in-time
Cash - end of period	`Cash`	$3.76M	USD	Point-in-time
Cash - end of period	`Cash`	$3.35M	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.