2017 Q3 Form 10-Q Financial Statement

#000102430517000125 Filed on November 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $2.238B $1.080B
YoY Change 107.21% -2.89%
Cost Of Revenue $874.2M $444.8M
YoY Change 96.54% 0.25%
Gross Profit $1.364B $635.4M
YoY Change 114.68% -4.97%
Gross Profit Margin 60.94% 58.82%
Selling, General & Admin $1.191B $478.9M
YoY Change 148.72% -1.12%
% of Gross Profit 87.32% 75.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $168.7M $59.90M
YoY Change 181.64% 4.17%
% of Gross Profit 12.37% 9.43%
Operating Expenses $1.191B $478.9M
YoY Change 148.72% -1.12%
Operating Profit $29.50M $46.40M
YoY Change -36.42% -43.21%
Interest Expense $67.40M $39.70M
YoY Change 69.77% 164.67%
% of Operating Profit 228.47% 85.56%
Other Income/Expense, Net -$4.500M -$1.300M
YoY Change 246.15% -533.33%
Pretax Income -$41.40M $4.700M
YoY Change -980.85% -92.88%
Income Tax -$25.30M -$5.100M
% Of Pretax Income -108.51%
Net Earnings -$19.70M $0.00
YoY Change -100.0%
Net Earnings / Revenue -0.88% 0.0%
Basic Earnings Per Share -$0.03 $0.00
Diluted Earnings Per Share -$0.03 $0.00
COMMON SHARES
Basic Shares Outstanding 748.6M shares 336.3M shares
Diluted Shares Outstanding 748.6M shares 336.3M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $919.0M $378.0M
YoY Change 143.12% -9.35%
Cash & Equivalents $919.2M $378.0M
Short-Term Investments
Other Short-Term Assets $548.0M $345.0M
YoY Change 58.84% 31.18%
Inventory $1.172B $616.7M
Prepaid Expenses
Receivables $1.610B $768.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.250B $2.108B
YoY Change 101.62% 3.42%
LONG-TERM ASSETS
Property, Plant & Equipment $1.634B $665.7M
YoY Change 145.43% 37.66%
Goodwill $8.738B $2.192B
YoY Change 298.58% 43.41%
Intangibles $8.494B $2.038B
YoY Change 316.78% 7.91%
Long-Term Investments
YoY Change
Other Assets $299.7M $175.1M
YoY Change 71.16% -15.94%
Total Long-Term Assets $19.32B $5.086B
YoY Change 279.96% 23.47%
TOTAL ASSETS
Total Short-Term Assets $4.250B $2.108B
Total Long-Term Assets $19.32B $5.086B
Total Assets $23.57B $7.193B
YoY Change 227.7% 16.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.768B $964.6M
YoY Change 83.32% 24.77%
Accrued Expenses $1.828B $753.0M
YoY Change 142.76% -9.06%
Deferred Revenue
YoY Change
Short-Term Debt $3.300M $20.10M
YoY Change -83.58% -13.73%
Long-Term Debt Due $220.0M $157.0M
YoY Change 40.13% 273.81%
Total Short-Term Liabilities $3.949B $1.883B
YoY Change 109.7% 11.6%
LONG-TERM LIABILITIES
Long-Term Debt $7.542B $4.210B
YoY Change 79.13% 53.07%
Other Long-Term Liabilities $565.0M $236.9M
YoY Change 138.5% 18.45%
Total Long-Term Liabilities $8.107B $4.447B
YoY Change 82.29% 50.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.949B $1.883B
Total Long-Term Liabilities $8.107B $4.447B
Total Liabilities $13.56B $6.857B
YoY Change 97.71% 32.39%
SHAREHOLDERS EQUITY
Retained Earnings -$470.6M -$37.00M
YoY Change 1171.89% -45.75%
Common Stock $8.100M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.442B $1.442B
YoY Change 0.0% 88.15%
Treasury Stock Shares 65.00M shares 65.00M shares
Shareholders Equity $9.452B $251.0M
YoY Change
Total Liabilities & Shareholders Equity $23.57B $7.193B
YoY Change 227.7% 16.83%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income -$19.70M $0.00
YoY Change -100.0%
Depreciation, Depletion And Amortization $168.7M $59.90M
YoY Change 181.64% 4.17%
Cash From Operating Activities -$8.900M -$15.00M
YoY Change -40.67% -112.85%
INVESTING ACTIVITIES
Capital Expenditures -$111.4M -$86.80M
YoY Change 28.34% 103.76%
Acquisitions $7.500M $0.00
YoY Change
Other Investing Activities -$4.600M $0.00
YoY Change -100.0%
Cash From Investing Activities -$116.0M -$86.80M
YoY Change 33.64% 104.24%
FINANCING ACTIVITIES
Cash Dividend Paid $94.30M $92.40M
YoY Change 2.06%
Common Stock Issuance & Retirement, Net -$11.20M $30.20M
YoY Change -137.09% -79.3%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $492.4M $131.4M
YoY Change 274.73% 1890.91%
NET CHANGE
Cash From Operating Activities -$8.900M -$15.00M
Cash From Investing Activities -$116.0M -$86.80M
Cash From Financing Activities $492.4M $131.4M
Net Change In Cash $373.9M $30.60M
YoY Change 1121.9% -62.13%
FREE CASH FLOW
Cash From Operating Activities -$8.900M -$15.00M
Capital Expenditures -$111.4M -$86.80M
Free Cash Flow $102.5M $71.80M
YoY Change 42.76% -54.93%

Facts In Submission

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4700000 USD
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1100000 USD
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19300000 USD
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48700000 USD
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6100000 USD
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21000000 USD
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219300000 USD
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219300000 USD
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242200000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
336300000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
748600000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
336300000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
748600000 shares
CY2017Q3 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates on a fiscal year basis with a year-end of </font><font style="font-family:inherit;font-size:10pt;">June 30</font><font style="font-family:inherit;font-size:10pt;">. Unless otherwise noted, any reference to a year preceded by the word &#8220;fiscal&#8221; refers to the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">June 30</font><font style="font-family:inherit;font-size:10pt;"> of that year. For example, references to &#8220;fiscal </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">&#8221; refer to the fiscal year ending </font><font style="font-family:inherit;font-size:10pt;">June 30, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2017Q3 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the period reported. Significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, the market value of inventory, the fair value of acquired assets and liabilities associated with acquisitions, pension benefit costs, the assessment of goodwill, other intangible assets and long-lived assets for impairment, income taxes and the fair value of redeemable noncontrolling interests. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, and makes adjustments when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from those estimates and assumptions. Significant changes, if any, in those estimates and assumptions resulting from continuing changes in the economic environment will be reflected in the Condensed Consolidated Financial Statements in future periods.</font></div></div>

Files In Submission

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0001024305-17-000125-index-headers.html Edgar Link pending
0001024305-17-000125-index.html Edgar Link pending
0001024305-17-000125.txt Edgar Link pending
0001024305-17-000125-xbrl.zip Edgar Link pending
coty-20170930.xml Edgar Link completed
coty-20170930.xsd Edgar Link pending
coty-20170930_cal.xml Edgar Link unprocessable
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coty-20170930_lab.xml Edgar Link unprocessable
coty-20170930_pre.xml Edgar Link unprocessable
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exhibit101-danielramosoffe.htm Edgar Link pending
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