2024 Q4 Form 10-Q Financial Statement

#000095017024120026 Filed on November 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.511B
YoY Change 3.76%
Cost Of Revenue $827.5M
YoY Change 2.21%
Gross Profit $683.1M
YoY Change 5.69%
Gross Profit Margin 45.22%
Selling, General & Admin $231.7M
YoY Change 4.04%
% of Gross Profit 33.92%
Research & Development $36.00M
YoY Change 18.81%
% of Gross Profit 5.27%
Depreciation & Amortization $21.00M
YoY Change 15.38%
% of Gross Profit 3.07%
Operating Expenses $267.7M
YoY Change 5.81%
Operating Profit -$91.50M
YoY Change -135.77%
Interest Expense $23.40M
YoY Change -13.97%
% of Operating Profit
Other Income/Expense, Net -$100.0K
YoY Change -102.7%
Pretax Income -$101.4M
YoY Change -143.33%
Income Tax -$26.30M
% Of Pretax Income
Net Earnings -$75.10M
YoY Change -142.31%
Net Earnings / Revenue -4.97%
Basic Earnings Per Share -$0.31
Diluted Earnings Per Share -$0.31
COMMON SHARES
Basic Shares Outstanding 245.0M 244.8M
Diluted Shares Outstanding 244.6M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $752.1M
YoY Change 31.19%
Cash & Equivalents $752.1M
Short-Term Investments
Other Short-Term Assets $50.80M
YoY Change 31.27%
Inventory $658.5M
Prepaid Expenses
Receivables $555.3M
Other Receivables $0.00
Total Short-Term Assets $2.017B
YoY Change 15.6%
LONG-TERM ASSETS
Property, Plant & Equipment $915.3M
YoY Change 6.13%
Goodwill $2.433B
YoY Change 0.07%
Intangibles $2.920B
YoY Change -12.54%
Long-Term Investments $12.00M
YoY Change -11.76%
Other Assets $369.2M
YoY Change 18.37%
Total Long-Term Assets $6.650B
YoY Change -4.43%
TOTAL ASSETS
Total Short-Term Assets $2.017B
Total Long-Term Assets $6.650B
Total Assets $8.666B
YoY Change -0.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $705.9M
YoY Change 2.04%
Accrued Expenses $529.6M
YoY Change 8.99%
Deferred Revenue
YoY Change
Short-Term Debt $3.400M
YoY Change -10.53%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $1.247B
YoY Change 4.9%
LONG-TERM LIABILITIES
Long-Term Debt $2.208B
YoY Change -8.05%
Other Long-Term Liabilities $326.4M
YoY Change 20.8%
Total Long-Term Liabilities $2.535B
YoY Change -5.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.247B
Total Long-Term Liabilities $2.535B
Total Liabilities $4.473B
YoY Change -3.85%
SHAREHOLDERS EQUITY
Retained Earnings $6.201B
YoY Change 4.64%
Common Stock $828.4M
YoY Change 12.69%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.817B
YoY Change 9.16%
Treasury Stock Shares
Shareholders Equity $4.194B
YoY Change
Total Liabilities & Shareholders Equity $8.666B
YoY Change -0.41%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$75.10M
YoY Change -142.31%
Depreciation, Depletion And Amortization $21.00M
YoY Change 15.38%
Cash From Operating Activities $364.0M
YoY Change 27.32%
INVESTING ACTIVITIES
Capital Expenditures $48.60M
YoY Change -16.64%
Acquisitions
YoY Change
Other Investing Activities $2.000M
YoY Change -322.22%
Cash From Investing Activities -$46.60M
YoY Change -21.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -60.90M
YoY Change 27.94%
NET CHANGE
Cash From Operating Activities 364.0M
Cash From Investing Activities -46.60M
Cash From Financing Activities -60.90M
Net Change In Cash 256.5M
YoY Change 43.22%
FREE CASH FLOW
Cash From Operating Activities $364.0M
Capital Expenditures $48.60M
Free Cash Flow $315.4M
YoY Change 38.58%

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CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2024Q3 us-gaap Lease Cost
LeaseCost
10000000
CY2023Q3 us-gaap Lease Cost
LeaseCost
7900000
us-gaap Lease Cost
LeaseCost
29800000
us-gaap Lease Cost
LeaseCost
23500000
CY2024Q3 chd Right Of Use Asset Obtained In Exchange For Operating Lease Liability Net Of Modifications
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityNetOfModifications
1200000
CY2023Q3 chd Right Of Use Asset Obtained In Exchange For Operating Lease Liability Net Of Modifications
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityNetOfModifications
2200000
chd Right Of Use Asset Obtained In Exchange For Operating Lease Liability Net Of Modifications
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityNetOfModifications
19600000
chd Right Of Use Asset Obtained In Exchange For Operating Lease Liability Net Of Modifications
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityNetOfModifications
7300000
CY2024Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
8700000
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
7600000
us-gaap Operating Lease Payments
OperatingLeasePayments
25000000
us-gaap Operating Lease Payments
OperatingLeasePayments
23100000
chd Operating Lease Righ Of Use Asset Amortization
OperatingLeaseRighOfUseAssetAmortization
22800000
chd Operating Lease Righ Of Use Asset Amortization
OperatingLeaseRighOfUseAssetAmortization
17900000
chd Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
15400000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9800000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
38400000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
30000000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
28100000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
25500000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
109400000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
241200000
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
39900000
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
201300000
CY2024Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
705900000
CY2023Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
630600000
CY2024Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
249500000
CY2023Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
276700000
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
116500000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
152300000
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
163600000
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
151400000
CY2024Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1235500000
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1211000000
CY2024Q3 chd Supply Chain Finance Program Outstanding Obligations
SupplyChainFinanceProgramOutstandingObligations
86500000
chd Supply Chain Financing Payments Included In Operating Activities Within The Companys Consolidated Statements Of Cash Flows
SupplyChainFinancingPaymentsIncludedInOperatingActivitiesWithinTheCompanysConsolidatedStatementsOfCashFlows
292300000
CY2024Q3 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
3400000
CY2023Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
3900000
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
3400000
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
3900000
CY2024Q3 us-gaap Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
4200000
CY2023Q4 us-gaap Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
0
CY2024Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
17100000
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
18700000
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
2208200000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2402100000
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
199900000
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2208200000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2202200000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29300000
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
5300000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
5000000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
400000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-100000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29400000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-27200000
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
12400000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
1600000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1800000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9000000
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-18200000
CY2024Q3 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
600000
CY2023Q3 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
1300000
us-gaap Long Term Purchase Commitment Minimum Quantity Required
LongTermPurchaseCommitmentMinimumQuantityRequired
240000
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
408600000
CY2024Q3 chd Outstanding Guarantees And Letters Of Credit
OutstandingGuaranteesAndLettersOfCredit
6000000
CY2023Q4 chd Business Acquisition Additional Cash Payable First Installment
BusinessAcquisitionAdditionalCashPayableFirstInstallment
2000000
chd Business Acquisition Additional Cash Payable Second Installment
BusinessAcquisitionAdditionalCashPayableSecondInstallment
7000000
chd Business Acquisition Remaining Cash Payable Installment
BusinessAcquisitionRemainingCashPayableInstallment
5000000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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