10-Q Filing

E.L.F. BEAUTY, INC. CIK: 1600033 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001600033-18-000049`
Period End Date	20180930
Filing Date	20181106
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	elf-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 60 Cash Flow Statement 56

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`	$5.68M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.24M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	47.99M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.62M	shares	Point-in-time
Cash	`Cash`	$15.29M	USD	Point-in-time
Cash	`Cash`	$33.65M	USD	Point-in-time
Cash	`Cash`	$10.06M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$35.63M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.62M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.99M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$31.76M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$44.63M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.24M	shares	Point-in-time
Inventory, net	`InventoryNet`	$63.57M	USD	Point-in-time
Inventory, net	`InventoryNet`	$62.68M	USD	Point-in-time
Inventory, net	`InventoryNet`	$53.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.27M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$113.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$123.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$125.53M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.64M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.18M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$107.64M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$100.62M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$105.88M	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`	$2.88M	USD	Point-in-time
Investments	`CostMethodInvestments`	$2.88M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.54M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.43M	USD	Point-in-time
Total assets	`Assets`	$417.24M	USD	Point-in-time
Total assets	`Assets`	$407.02M	USD	Point-in-time
Total assets	`Assets`	$414.33M	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`	$18.14M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$9.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.78M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.01M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.07M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$10.80M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$15.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$12.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$35.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$52.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$51.36M	USD	Point-in-time
Long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$149.69M	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`	$141.31M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$34.41M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$21.34M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$20.41M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.88M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.98M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$239.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$200.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$223.38M	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 September 30, 2018, December 31, 2017 and September 30, 2017; 47,994,581, 46,617,830 and 46,242,817 shares issued and outstanding as of September 30, 2018, December 31, 2017 and September 30, 2017, respectively	`CommonStockValue`	$471.00K	USD	Point-in-time
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of September 30, 2018, December 31, 2017 and September 30, 2017; 47,994,581, 46,617,830 and 46,242,817 shares issued and outstanding as of September 30, 2018, December 31, 2017 and September 30, 2017, respectively	`CommonStockValue`	$459.00K	USD	Point-in-time
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of September 30, 2018, December 31, 2017 and September 30, 2017; 47,994,581, 46,617,830 and 46,242,817 shares issued and outstanding as of September 30, 2018, December 31, 2017 and September 30, 2017, respectively	`CommonStockValue`	$463.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$715.95M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$720.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$734.32M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-548.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-526.97M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-521.17M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$167.96M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$193.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$213.62M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$417.24M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$407.02M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$414.33M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$63.89M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$188.86M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$71.86M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$188.29M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$71.26M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$24.92M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$73.04M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$28.95M	USD	1 Quarter
Gross profit	`GrossProfit`	$117.03M	USD	3 Qtrs
Gross profit	`GrossProfit`	$38.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$42.91M	USD	1 Quarter
Gross profit	`GrossProfit`	$115.82M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$102.68M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$98.84M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.66M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.14M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$18.19M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$6.31M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.78M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-379.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.42M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-19.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$360.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-6.80M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-5.85M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-2.26M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.77M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.96M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.27M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.14M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$1.27M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$857.00K	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-2.03M	USD	3 Qtrs
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$1.42M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$11.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.85M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.92M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.85M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.92M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.99M	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.13	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.27	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.12	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.24	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.61M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.13M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.46M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.29M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.12M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$11.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.85M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.90M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.72M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.46M	USD	3 Qtrs
Amortization of debt issuance costs and discount on debt	`AmortizationOfFinancingCostsAndDiscounts`	$605.00K	USD	3 Qtrs
Amortization of debt issuance costs and discount on debt	`AmortizationOfFinancingCostsAndDiscounts`	$596.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-914.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.00K	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$192.00K	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$435.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.99M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.79M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-9.31M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-5.84M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.77M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.03M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-34.07M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.48M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$72.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-330.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.17M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.03M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.46M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.37M	USD	3 Qtrs
Investment in equity securities	`PaymentsToAcquireInvestments`	$2.88M	USD	3 Qtrs
Investment in equity securities	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.46M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.25M	USD	3 Qtrs
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$24.10M	USD	3 Qtrs
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$2.00M	USD	3 Qtrs
Repayment of revolving line of credit	`RepaymentsOfLinesOfCredit`	$2.00M	USD	3 Qtrs
Repayment of revolving line of credit	`RepaymentsOfLinesOfCredit`	$14.60M	USD	3 Qtrs
Repayment of long term debt	`RepaymentsOfLongTermDebt`	$6.19M	USD	3 Qtrs
Repayment of long term debt	`RepaymentsOfLongTermDebt`	$6.19M	USD	3 Qtrs
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	$519.00K	USD	3 Qtrs
Debt issuance costs paid	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Cash received from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.50M	USD	3 Qtrs
Cash received from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.31M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-293.00K	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-307.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.79M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.99M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.62M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$23.59M	USD	3 Qtrs
Cash - beginning of period	`Cash`	$5.68M	USD	Point-in-time
Cash - beginning of period	`Cash`	$10.06M	USD	Point-in-time
Cash - beginning of period	`Cash`	$33.65M	USD	Point-in-time
Cash - beginning of period	`Cash`	$15.29M	USD	Point-in-time
Cash - end of period	`Cash`	$33.65M	USD	Point-in-time
Cash - end of period	`Cash`	$15.29M	USD	Point-in-time
Cash - end of period	`Cash`	$10.06M	USD	Point-in-time
Cash - end of period	`Cash`	$5.68M	USD	Point-in-time

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