$AOUT
American Outdoor Brands, Inc.

2021 Q1 Form 10-Q Financial Statement

#000156459021013872 Filed on March 17, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1 2019 Q4
Revenue $82.65M $43.34M $47.74M
YoY Change 90.72%
Cost Of Revenue $45.28M $28.65M
YoY Change
Gross Profit $37.37M $19.09M
YoY Change
Gross Profit Margin 45.22% 39.99%
Selling, General & Admin $25.71M $19.37M
YoY Change
% of Gross Profit 68.8% 101.46%
Research & Development $1.480M $1.193M
YoY Change
% of Gross Profit 3.96% 6.25%
Depreciation & Amortization $4.650M
YoY Change
% of Gross Profit 12.44%
Operating Expenses $27.19M $20.56M
YoY Change
Operating Profit $10.18M -$1.472M
YoY Change
Interest Expense -$51.00K $1.178M
YoY Change
% of Operating Profit -0.5%
Other Income/Expense, Net $90.00K $1.173M
YoY Change
Pretax Income $10.27M -$299.0K
YoY Change
Income Tax $2.200M -$149.0K $94.00K
% Of Pretax Income 21.42%
Net Earnings $8.029M -$147.0K -$393.0K
YoY Change -5561.9%
Net Earnings / Revenue 9.71% -0.34% -0.82%
Basic Earnings Per Share $0.57 -$0.01 -$0.03
Diluted Earnings Per Share $0.56 -$0.01 -$0.03
COMMON SHARES
Basic Shares Outstanding 14.00M 13.98M 13.98M
Diluted Shares Outstanding 14.25M 13.98M 13.98M

Balance Sheet

Concept 2021 Q1 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.50M
YoY Change
Cash & Equivalents $45.51M $426.0K
Short-Term Investments
Other Short-Term Assets $3.200M
YoY Change
Inventory $73.69M
Prepaid Expenses
Receivables $56.10M
Other Receivables $0.00
Total Short-Term Assets $178.4M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $36.20M
YoY Change
Goodwill $64.30M
YoY Change
Intangibles $57.61M
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.800M
YoY Change
Total Long-Term Assets $163.0M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $178.4M
Total Long-Term Assets $163.0M
Total Assets $341.4M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.80M
YoY Change
Accrued Expenses $12.07M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $38.10M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $25.60M
YoY Change
Total Long-Term Liabilities $25.60M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $38.10M
Total Long-Term Liabilities $25.60M
Total Liabilities $63.70M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $277.7M $322.2M $323.3M
YoY Change
Total Liabilities & Shareholders Equity $341.4M
YoY Change

Cashflow Statement

Concept 2021 Q1 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income $8.029M -$147.0K -$393.0K
YoY Change -5561.9%
Depreciation, Depletion And Amortization $4.650M
YoY Change
Cash From Operating Activities $12.60M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures -$950.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$950.0K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.00K
YoY Change
NET CHANGE
Cash From Operating Activities 12.60M
Cash From Investing Activities -950.0K
Cash From Financing Activities -20.00K
Net Change In Cash 11.63M
YoY Change
FREE CASH FLOW
Cash From Operating Activities $12.60M
Capital Expenditures -$950.0K
Free Cash Flow $13.55M
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201613Member
CY2021Q1 us-gaap Change In Accounting Principle Accounting Standards Update Adopted
ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted
true
CY2021Q1 us-gaap Change In Accounting Principle Accounting Standards Update Immaterial Effect
ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect
true
aout Share Based Compensation Arrangement By Share Based Payment Awards Performance Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardsPerformancePeriod
P3Y
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2244000
CY2021Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-51000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2400000
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
90000
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10273000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
324614000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
8029000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13999000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14254000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
323294000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-147000
CY2020Q1 aout Net Transfers From To Former Parent
NetTransfersFromToFormerParent
-931000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
322216000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
268785000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
8029000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
904000
CY2021Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
277704000
us-gaap Net Income Loss
NetIncomeLoss
-5526000
aout Net Transfers From To Former Parent
NetTransfersFromToFormerParent
3128000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
322216000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
224098000
us-gaap Net Income Loss
NetIncomeLoss
17157000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1680000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14000
aout Net Transfers From To Former Parent
NetTransfersFromToFormerParent
34783000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
277704000
us-gaap Profit Loss
ProfitLoss
17157000
us-gaap Profit Loss
ProfitLoss
-5526000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15112000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17931000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
23000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
649000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-780000
us-gaap Share Based Compensation
ShareBasedCompensation
2100000
us-gaap Share Based Compensation
ShareBasedCompensation
368000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20991000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9031000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
13691000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6079000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1902000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
441000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
1182000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
206000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7724000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1000000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
4140000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-710000
aout Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
-927000
aout Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
-681000
aout Increase Decrease In Accrued Profit Sharing
IncreaseDecreaseInAccruedProfitSharing
961000
aout Increase Decrease In Accrued Profit Sharing
IncreaseDecreaseInAccruedProfitSharing
-125000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5919000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3340000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
15000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
63000
aout Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-1097000
aout Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
-820000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
288000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-73000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17057000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-693000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
216000
aout Transfers From To Former Parent Net
TransfersFromToFormerParentNet
31706000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
410000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31282000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2022000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
45276000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-162000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
234000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
162000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
45510000
us-gaap Interest Paid Net
InterestPaidNet
61000
us-gaap Income Taxes Paid
IncomeTaxesPaid
3680000
aout Purchases Of Property And Equipment Included In Accounts Payable
PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable
4000
aout Non Cash Transfers To From Former Parent
NonCashTransfersToFromFormerParent
1398000
aout Changes In Right Of Use Assets For Operating Lease Obligations
ChangesInRightOfUseAssetsForOperatingLeaseObligations
23940000
aout Changes In Right Of Use Assets For Operating Lease Obligations
ChangesInRightOfUseAssetsForOperatingLeaseObligations
3369000
aout Changes In Lease Liabilities For Operating Leases Obligations
ChangesInLeaseLiabilitiesForOperatingLeasesObligations
23940000
aout Changes In Lease Liabilities For Operating Leases Obligations
ChangesInLeaseLiabilitiesForOperatingLeasesObligations
4449000
aout Number Of Brand Lanes
NumberOfBrandLanes
4
aout Number Of Brand Lanes
NumberOfBrandLanes
4
aout Number Of Brand Lanes
NumberOfBrandLanes
4
aout Corporate Expenses
CorporateExpenses
2700000
CY2021Q1 aout Corporate Expenses
CorporateExpenses
1500000
aout Corporate Expenses
CorporateExpenses
6300000
aout Distribution Expenses
DistributionExpenses
1900000
CY2020Q1 aout Distribution Expenses
DistributionExpenses
2800000
aout Distribution Expenses
DistributionExpenses
6200000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-top:18pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">Reclassification</span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:6pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">We have adjusted the accompanying combined balance sheet as of April 30, 2020 for an immaterial correction of an error to appropriately present deferred income taxes, in the amount of $3.6 million, as non-current, which was previously presented as a current asset. </span></p>
us-gaap Fiscal Period
FiscalPeriod
<p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Fiscal Year</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We operate and report using a fiscal year ending on April 30 of each year. </p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject us to concentration of credit risk consist principally of cash, cash equivalents, and trade receivables. We place our cash and cash equivalents in overnight U.S. government securities. Concentrations of credit risk with respect to trade receivables are limited by the large number of customers comprising our customer base and their geographic and business dispersion. We perform ongoing credit evaluations of our customers’ financial condition and generally do not require collateral. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For the </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">three and </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">nine</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> months ended </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">January </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31, 202</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">one</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> of our customers accounted for more than 10% of our net sales and accounted for </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</span>23.5<span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> million</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, or </span>28.4<span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%, and </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</span>61.8<span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> million, or </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">29.1</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%, </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">respectively, </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">of our net sales. As of </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">January </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">31, 202</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">two</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> of our customers exceeded 10% or more of our accounts receivable and accounted for $</span>17.6<span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> million, or </span>31.4<span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%, </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">and $</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6.3</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> million, or </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11.2</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%, respectively, </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">of our accounts</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> receivable. </span></p>
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82649000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43336000
CY2021Q1 aout Change In Revenue From Contract With Customer Excluding Assessed Tax
ChangeInRevenueFromContractWithCustomerExcludingAssessedTax
39313000
CY2021Q1 aout Percentage Of Change In Revenue From Contract With Customer Excluding Assessed Tax
PercentageOfChangeInRevenueFromContractWithCustomerExcludingAssessedTax
0.907
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82649000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
43336000
CY2021Q1 aout Change In Revenue From Contract With Customer Excluding Assessed Tax
ChangeInRevenueFromContractWithCustomerExcludingAssessedTax
39313000
CY2021Q1 aout Percentage Of Change In Revenue From Contract With Customer Excluding Assessed Tax
PercentageOfChangeInRevenueFromContractWithCustomerExcludingAssessedTax
0.907
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
212214000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
124295000
aout Change In Revenue From Contract With Customer Excluding Assessed Tax
ChangeInRevenueFromContractWithCustomerExcludingAssessedTax
87919000
aout Percentage Of Change In Revenue From Contract With Customer Excluding Assessed Tax
PercentageOfChangeInRevenueFromContractWithCustomerExcludingAssessedTax
0.707
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
212214000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
124295000
aout Change In Revenue From Contract With Customer Excluding Assessed Tax
ChangeInRevenueFromContractWithCustomerExcludingAssessedTax
87919000
aout Percentage Of Change In Revenue From Contract With Customer Excluding Assessed Tax
PercentageOfChangeInRevenueFromContractWithCustomerExcludingAssessedTax
0.707
CY2021Q1 us-gaap Change In Accounting Principle Accounting Standards Update Adoption Date
ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate
2020-05-01
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3005000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2030000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2059000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2005000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
28547000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
41569000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
14572000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
26997000
CY2021Q1 aout Operating Lease Right Of Use Asset Before Impairment And Accumulated Amortization
OperatingLeaseRightOfUseAssetBeforeImpairmentAndAccumulatedAmortization
27449000
CY2021Q1 aout Operating Lease Right Of Use Assets Accumulated Amortization
OperatingLeaseRightOfUseAssetsAccumulatedAmortization
1664000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
25785000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1758000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25239000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
26997000
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
965000
CY2021Q1 aout Short Term Operating Lease Costs
ShortTermOperatingLeaseCosts
32000
us-gaap Operating Lease Cost
OperatingLeaseCost
2200000
aout Short Term Operating Lease Costs
ShortTermOperatingLeaseCosts
217000
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
369000
CY2020Q1 aout Short Term Operating Lease Costs
ShortTermOperatingLeaseCosts
142000
us-gaap Operating Lease Cost
OperatingLeaseCost
1100000
aout Short Term Operating Lease Costs
ShortTermOperatingLeaseCosts
365000
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P16Y9M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.053
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
791000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3132000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1758000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
25239000
us-gaap Operating Lease Payments
OperatingLeasePayments
1100000
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
162905000
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
93957000
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
68948000
CY2021Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
430000
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
204000
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
163797000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
106192000
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
57605000
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
163109000
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
93957000
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
69152000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12200000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000000.0
CY2021Q1 us-gaap Goodwill
Goodwill
64300000
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
109300000
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
173600000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
255000
CY2021Q1 aout Per Common Share Effect Of Dilutive Stock Award
PerCommonShareEffectOfDilutiveStockAward
-0.01
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
62772000
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
50171000
CY2021Q1 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
3451000
CY2020Q2 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
3499000
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
312000
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
249000
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7155000
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6080000
CY2021Q1 us-gaap Inventory Net
InventoryNet
73690000
CY2020Q2 us-gaap Inventory Net
InventoryNet
59999000
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8029000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13999000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-147000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13975000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2021Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
1006000
CY2020Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
197000
CY2021Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
598000
CY2020Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
787000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14321000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5526000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13975000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.40
aout Number Of Incentive Stock Plans
NumberOfIncentiveStockPlans
2
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
711000
aout Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Vesting Period
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedVestingPeriod
P1Y4M24D
CY2021Q1 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
1780000
CY2020Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
954000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8029000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14254000
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-147000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13975000
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17157000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13987000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5526000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13975000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.40
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
334000
aout Per Common Share Effect Of Dilutive Stock Award
PerCommonShareEffectOfDilutiveStockAward
-0.03
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
17157000
aout Share Based Compensation Arrangement By Share Based Payment Awards Performance Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardsPerformancePeriod
P3Y
aout Share Based Compensation Percentage Of Target Award Granted For Calculating Maximum Aggregate Award Of Performance Share
ShareBasedCompensationPercentageOfTargetAwardGrantedForCalculatingMaximumAggregateAwardOfPerformanceShare
2
aout Percentage Of Stock Outperform In Order For Target Awards To Vest
PercentageOfStockOutperformInOrderForTargetAwardsToVest
0.05
CY2021Q1 aout Accrued Freight
AccruedFreight
4842000
CY2020Q2 aout Accrued Freight
AccruedFreight
1646000
CY2021Q1 aout Accrued Sales Allowances Current
AccruedSalesAllowancesCurrent
2979000
CY2020Q2 aout Accrued Sales Allowances Current
AccruedSalesAllowancesCurrent
2441000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1400000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.251
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.197
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
575000
CY2021Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
404000
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
336000
CY2021Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
385000
CY2020Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
754000
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
77000
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
540000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12071000
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7655000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2200000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-149000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.218
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.503
CY2020Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
740000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5700000
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
2100000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
aout Number Of Distinct Brands
NumberOfDistinctBrands
20
aout Number Of Brand Lanes
NumberOfBrandLanes
4

Files In Submission

Name View Source Status
0001564590-21-013872-index-headers.html Edgar Link pending
0001564590-21-013872-index.html Edgar Link pending
0001564590-21-013872.txt Edgar Link pending
0001564590-21-013872-xbrl.zip Edgar Link pending
aout-10q_20210131.htm Edgar Link pending
aout-10q_20210131_htm.xml Edgar Link completed
aout-20210131.xsd Edgar Link pending
aout-20210131_cal.xml Edgar Link unprocessable
aout-20210131_def.xml Edgar Link unprocessable
aout-20210131_lab.xml Edgar Link unprocessable
aout-20210131_pre.xml Edgar Link unprocessable
aout-ex311_8.htm Edgar Link pending
aout-ex312_9.htm Edgar Link pending
aout-ex321_7.htm Edgar Link pending
aout-ex322_6.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gypx4tj1r4ph000001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending