10-Q Filing

E.L.F. BEAUTY, INC. CIK: 1600033 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001600033-18-000029`
Period End Date	20180331
Filing Date	20180510
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	elf-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 30 Cash Flow Statement 52

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Cash	`Cash`	$10.06M	USD	Point-in-time
Cash	`Cash`	$15.29M	USD	Point-in-time
Cash	`Cash`	$5.38M	USD	Point-in-time
Cash	`Cash`	$10.47M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.66M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.62M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	47.43M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$29.14M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.43M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.62M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$31.78M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.66M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$44.63M	USD	Point-in-time
Inventory, net	`InventoryNet`	$76.90M	USD	Point-in-time
Inventory, net	`InventoryNet`	$62.68M	USD	Point-in-time
Inventory, net	`InventoryNet`	$61.73M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.27M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.08M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$115.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$110.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$123.64M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.28M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.69M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$105.88M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$111.14M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.13M	USD	Point-in-time
Goodwill	`Goodwill`	$157.26M	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
Investments	`CostMethodInvestments`	-	USD	Point-in-time
Investments	`CostMethodInvestments`	$2.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.54M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.11M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.19M	USD	Point-in-time
Total assets	`Assets`	$403.69M	USD	Point-in-time
Total assets	`Assets`	$401.37M	USD	Point-in-time
Total assets	`Assets`	$417.24M	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`	$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`	$17.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.78M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$16.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$15.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$8.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$59.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$34.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$51.36M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$145.71M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$147.70M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$154.19M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$21.34M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$22.06M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$34.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.98M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.98M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$223.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$205.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$251.72M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	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 March 31, 2018, December 31, 2017 and March 31, 2017; 47,425,139, 46,617,830 and 45,655,937 shares issued and outstanding as of March 31, 2018, December 31, 2017 and March 31, 2017, respectively	`CommonStockValue`	$465.00K	USD	Point-in-time
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of March 31, 2018, December 31, 2017 and March 31, 2017; 47,425,139, 46,617,830 and 45,655,937 shares issued and outstanding as of March 31, 2018, December 31, 2017 and March 31, 2017, respectively	`CommonStockValue`	$454.00K	USD	Point-in-time
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of March 31, 2018, December 31, 2017 and March 31, 2017; 47,425,139, 46,617,830 and 45,655,937 shares issued and outstanding as of March 31, 2018, December 31, 2017 and March 31, 2017, respectively	`CommonStockValue`	$463.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$720.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$724.22M	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`	$-526.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-526.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$149.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$193.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$198.35M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$401.37M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$417.24M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$403.69M	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`	$65.92M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$25.71M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$22.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$40.21M	USD	1 Quarter
Gross profit	`GrossProfit`	$38.23M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.01M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.23M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.22M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.97M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-799.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-888.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.96M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.16M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.12M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.27M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$108.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$433.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$690.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$690.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.16M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.48M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$690.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.29M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.64M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.40M	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`	$199.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$735.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-35.00K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$142.00K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$330.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.77M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.48M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-951.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.50M	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`	$-16.89M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.04M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.03M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.67M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$676.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.67M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-676.00K	USD	1 Quarter
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$2.00M	USD	1 Quarter
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$15.00M	USD	1 Quarter
Repayment of revolving line of credit	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Repayment of revolving line of credit	`RepaymentsOfLinesOfCredit`	$2.00M	USD	1 Quarter
Repayment of long term debt	`RepaymentsOfLongTermDebt`	$2.06M	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`	$212.00K	USD	1 Quarter
Deferred offering costs paid	`PaymentsOfDeferredOfferingCosts`	$193.00K	USD	1 Quarter
Deferred offering costs paid	`PaymentsOfDeferredOfferingCosts`	-	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-97.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-90.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.80M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.95M	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.92M	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$415.00K	USD	1 Quarter
Cash - beginning of period	`Cash`	$10.47M	USD	Point-in-time
Cash - beginning of period	`Cash`	$5.38M	USD	Point-in-time
Cash - beginning of period	`Cash`	$15.29M	USD	Point-in-time
Cash - beginning of period	`Cash`	$10.06M	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`	$10.47M	USD	Point-in-time
Cash - end of period	`Cash`	$10.06M	USD	Point-in-time

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