10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-18-010700 |
| Period End Date | 20180331 |
| Filing Date | 20180503 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | hlf-20180331.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
|
$1.33B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.28B | USD | Point-in-time |
| Common shares, shares outstanding |
CommonStockSharesOutstanding
|
83.10M | shares | Point-in-time |
| Common shares, shares outstanding |
CommonStockSharesOutstanding
|
82.30M | shares | Point-in-time |
| Treasury stock shares, at cost |
TreasuryStockCommonShares
|
5.00M | shares | Point-in-time |
| Receivables, net of allowance for doubtful accounts |
ReceivablesNetCurrent
|
$103.30M | USD | Point-in-time |
| Receivables, net of allowance for doubtful accounts |
ReceivablesNetCurrent
|
$93.30M | USD | Point-in-time |
| Treasury stock shares, at cost |
TreasuryStockCommonShares
|
5.00M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$341.20M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$333.00M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$147.00M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$184.60M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.95B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.86B | USD | Point-in-time |
| Property, plant, and equipment, at cost, net of accumulated depreciation and amortization |
PropertyPlantAndEquipmentNet
|
$369.20M | USD | Point-in-time |
| Property, plant, and equipment, at cost, net of accumulated depreciation and amortization |
PropertyPlantAndEquipmentNet
|
$377.50M | 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
|
$96.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$98.60M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$239.70M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$250.30M | USD | Point-in-time |
| Total assets |
Assets
|
$2.90B | USD | Point-in-time |
| Total assets |
Assets
|
$2.97B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$80.20M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$67.80M | USD | Point-in-time |
| Royalty overrides |
AccruedRoyaltyOverrides
|
$264.70M | USD | Point-in-time |
| Royalty overrides |
AccruedRoyaltyOverrides
|
$277.70M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$102.40M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$102.30M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$463.70M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$458.90M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$906.80M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$910.90M | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$2.17B | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$2.11B | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$167.70M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$157.30M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.19B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.23B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common shares, $0.001 par value; 1.0 billion shares authorized; 83.1 million (2018) and 82.3 million (2017) shares outstanding |
CommonStockValue
|
$100.00K | USD | Point-in-time |
| Common shares, $0.001 par value; 1.0 billion shares authorized; 83.1 million (2018) and 82.3 million (2017) shares outstanding |
CommonStockValue
|
$100.00K | USD | Point-in-time |
| Paid-in capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$407.30M | USD | Point-in-time |
| Paid-in capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$425.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-165.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-147.30M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-248.10M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-168.30M | USD | Point-in-time |
| Treasury stock, at cost, 5.0 million (2018) and 5.0 million (2017) shares |
TreasuryStockValue
|
$328.60M | USD | Point-in-time |
| Treasury stock, at cost, 5.0 million (2018) and 5.0 million (2017) shares |
TreasuryStockValue
|
$328.90M | USD | Point-in-time |
| Total shareholders deficit |
StockholdersEquity
|
$-219.00M | USD | Point-in-time |
| Total shareholders deficit |
StockholdersEquity
|
$-334.70M | USD | Point-in-time |
| Total liabilities and shareholders deficit |
LiabilitiesAndStockholdersEquity
|
$2.90B | USD | Point-in-time |
| Total liabilities and shareholders deficit |
LiabilitiesAndStockholdersEquity
|
$2.97B | USD | Point-in-time |
Income Statement
31 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$1.18B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.10B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$239.90M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$204.60M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$937.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$897.50M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverrides
|
$315.10M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverrides
|
$337.30M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$460.10M | USD | 1 Quarter |
| Selling, general, and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$438.60M | USD | 1 Quarter |
| Other operating income |
OtherOperatingIncome
|
$16.20M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$155.80M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$143.80M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-39.90M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-30.20M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-24.40M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$113.60M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$91.50M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$9.40M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$28.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$82.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$85.20M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.13 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.03 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.98 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.08 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
72.70M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
83.10M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
76.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
86.70M | shares | 1 Quarter |
Cash Flow Statement
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$82.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$85.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$24.50M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$25.60M | 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
|
$15.70M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-3.20M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$3.30M | USD | 1 Quarter |
| Inventory write-downs |
InventoryWriteDown
|
$12.10M | USD | 1 Quarter |
| Inventory write-downs |
InventoryWriteDown
|
$4.60M | USD | 1 Quarter |
| Foreign exchange transaction loss (gain) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$400.00K | USD | 1 Quarter |
| Foreign exchange transaction loss (gain) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-500.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-25.50M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$1.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$27.90M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$16.10M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-8.40M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-7.30M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-25.10M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$11.90M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$16.40M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$5.00M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverridesIncreaseDecrease
|
$-18.80M | USD | 1 Quarter |
| Royalty overrides |
RoyaltyOverridesIncreaseDecrease
|
$-12.60M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-3.70M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$44.60M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-1.10M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-4.80M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$156.20M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$175.50M | USD | 1 Quarter |
| Purchases of property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$24.50M | USD | 1 Quarter |
| Purchases of property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$15.60M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-100.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-15.60M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-24.40M | 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
|
$24.50M | USD | 1 Quarter |
| Principal payments on senior secured credit facility and other debt |
RepaymentsOfSeniorDebt
|
$413.40M | USD | 1 Quarter |
| Proceeds from senior convertible notes |
ProceedsFromConvertibleDebt
|
$550.00M | USD | 1 Quarter |
| Repurchase of senior convertible notes |
RepaymentsOfConvertibleDebt
|
$582.50M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$22.60M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$11.70M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$54.20M | USD | 1 Quarter |
| Share repurchases |
PaymentsForRepurchaseOfCommonStock
|
$58.10M | USD | 1 Quarter |
| Proceeds from settlement of capped call transactions |
ProceedsFromDerivativeInstrumentFinancingActivities
|
$27.10M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$600.00K | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$600.00K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$780.50M | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-95.20M | USD | 1 Quarter |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$6.10M | USD | 1 Quarter |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.10M | USD | 1 Quarter |
| Net change in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$51.50M | USD | 1 Quarter |
| Net change in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$940.70M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$857.00M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.35B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.80B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.30B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$857.00M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.35B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.80B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.30B | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$82.10M | USD | 1 Quarter |
| Foreign currency translation adjustment, tax |
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
$2.60M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$85.20M | USD | 1 Quarter |
| Foreign currency translation adjustment, tax |
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
$1.10M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of income taxes of $1.1 and $2.6 for the three months ended March 31, 2018 and 2017, respectively |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$23.00M | USD | 1 Quarter |
| Foreign currency translation adjustment, net of income taxes of $1.1 and $2.6 for the three months ended March 31, 2018 and 2017, respectively |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$21.20M | USD | 1 Quarter |
| Unrealized loss on derivatives, net of income taxes of $ for both the three months ended March 31, 2018 and 2017 |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-3.10M | USD | 1 Quarter |
| Unrealized loss on derivatives, net of income taxes of $ for both the three months ended March 31, 2018 and 2017 |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-7.50M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$15.50M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$18.10M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$100.20M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$100.70M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.