$ELF
e.l.f. Beauty, Inc.

2016 Q4 Form 10-Q Financial Statement

#000156459016029029 Filed on November 14, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q4
Revenue $76.44M $56.31M $65.44M
YoY Change 16.81% 10.89%
Cost Of Revenue $31.12M $23.83M $30.41M
YoY Change 2.33% -3.84%
Gross Profit $45.32M $32.48M $35.03M
YoY Change 29.38% 24.91%
Gross Profit Margin 59.29% 57.68% 53.53%
Selling, General & Admin $30.35M $31.00M $24.09M
YoY Change 25.99% 58.99%
% of Gross Profit 66.97% 95.45% 68.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.570M $3.350M $2.890M
YoY Change 23.53% 19.64%
% of Gross Profit 7.88% 10.31% 8.25%
Operating Expenses $30.34M $31.01M $24.09M
YoY Change 25.94% 59.04%
Operating Profit $14.98M $1.468M $10.94M
YoY Change 36.94% -77.43%
Interest Expense -$4.700M -$5.190M -$3.250M
YoY Change 44.62% 62.7%
% of Operating Profit -31.38% -353.54% -29.71%
Other Income/Expense, Net $760.0K $290.0K -$3.260M
YoY Change -123.31% -106.95%
Pretax Income $11.04M -$3.430M $4.440M
YoY Change 148.65% 297.91%
Income Tax $4.440M -$1.050M $2.010M
% Of Pretax Income 40.22% 45.27%
Net Earnings $6.601M -$2.377M $2.427M
YoY Change 171.98% 217.78%
Net Earnings / Revenue 8.64% -4.22% 3.71%
Basic Earnings Per Share $0.15 -$73.13 -$1.151K
Diluted Earnings Per Share $0.13 -$73.13 -$1.151K
COMMON SHARES
Basic Shares Outstanding 45.26M
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.30M $21.10M $14.00M
YoY Change 9.29%
Cash & Equivalents $15.30M $21.10M $14.00M
Short-Term Investments
Other Short-Term Assets $2.400M $10.10M $3.000M
YoY Change -20.0%
Inventory $69.40M $41.31M $31.26M
Prepaid Expenses
Receivables $37.83M $33.93M $22.48M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $124.9M $106.4M $70.72M
YoY Change 76.62%
LONG-TERM ASSETS
Property, Plant & Equipment $17.15M $15.02M $9.854M
YoY Change 74.05%
Goodwill $157.3M $157.3M $157.3M
YoY Change 0.0%
Intangibles $113.0M $115.1M $121.3M
YoY Change -6.83%
Long-Term Investments
YoY Change
Other Assets $2.407M $1.699M $1.954M
YoY Change 23.18%
Total Long-Term Assets $289.8M $289.1M $290.4M
YoY Change -0.18%
TOTAL ASSETS
Total Short-Term Assets $124.9M $106.4M $70.72M
Total Long-Term Assets $289.8M $289.1M $290.4M
Total Assets $414.7M $395.5M $361.1M
YoY Change 14.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.94M $21.49M $11.11M
YoY Change 241.41%
Accrued Expenses $33.68M $32.82M $13.71M
YoY Change 145.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.700M $4.600M $10.30M
YoY Change -15.53%
Total Short-Term Liabilities $80.27M $61.30M $45.85M
YoY Change 75.06%
LONG-TERM LIABILITIES
Long-Term Debt $156.2M $156.8M $134.6M
YoY Change 16.05%
Other Long-Term Liabilities $3.208M $2.498M $1.601M
YoY Change 100.37%
Total Long-Term Liabilities $3.208M $2.498M $1.601M
YoY Change 100.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.27M $61.30M $45.85M
Total Long-Term Liabilities $3.208M $2.498M $1.601M
Total Liabilities $273.9M $63.80M $224.2M
YoY Change 22.17%
SHAREHOLDERS EQUITY
Retained Earnings -$560.4M -$67.18M
YoY Change 734.21%
Common Stock $701.3M $437.0K $6.785M
YoY Change 10236.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $140.9M $132.8M -$60.40M
YoY Change
Total Liabilities & Shareholders Equity $414.7M $395.5M $361.1M
YoY Change 14.86%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q4
OPERATING ACTIVITIES
Net Income $6.601M -$2.377M $2.427M
YoY Change 171.98% 217.78%
Depreciation, Depletion And Amortization $3.570M $3.350M $2.890M
YoY Change 23.53% 19.64%
Cash From Operating Activities -$430.0K -$5.310M $21.16M
YoY Change -102.03% 114.98%
INVESTING ACTIVITIES
Capital Expenditures -$3.670M -$2.640M -$2.330M
YoY Change 57.51% -36.54%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$3.670M -$2.640M -$2.330M
YoY Change 57.51% -36.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.690M 25.27M -6.150M
YoY Change -72.52% 361.97%
NET CHANGE
Cash From Operating Activities -430.0K -5.310M 21.16M
Cash From Investing Activities -3.670M -2.640M -2.330M
Cash From Financing Activities -1.690M 25.27M -6.150M
Net Change In Cash -5.790M 17.32M 12.68M
YoY Change -145.66% -1593.1%
FREE CASH FLOW
Cash From Operating Activities -$430.0K -$5.310M $21.16M
Capital Expenditures -$3.670M -$2.640M -$2.330M
Free Cash Flow $3.240M -$2.670M $23.49M
YoY Change -86.21% -257.99%

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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Calibri;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 1 &#822; Nature of operations</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">e.l.f. Beauty, Inc. and subsidiaries (the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us,&#8221; &#8220;its&#8221; and &#8220;our&#8221;) was formed as a Delaware corporation on December 20, 2013 under the name J.A. Cosmetics Holdings, Inc. In April 2016, the Company changed its name to e.l.f. Beauty, Inc. The Company and its subsidiaries conduct business under the name e.l.f. Cosmetics, and offer high-quality, prestige-inspired products for eyes, lips and face to consumers through its retail customers, e.l.f. stores and e-commerce channels.&nbsp;&nbsp;&#160;</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On September 19, 2016, the Company amended and restated its certificate of incorporation to effect a 2.76:1 forward stock split of the Company&#8217;s common stock, increase the number of shares of common stock authorized for issuance to 250.0 million, provide for conversion of preferred stock into common stock prior to an initial public offering and at a ratio that has been adjusted to reflect the effects of the stock split and to address a variety of other corporate governance matters. There was no change in the par value of the Company&#8217;s common stock. All common shares, stock options and per share information presented in the financial statements have been adjusted to reflect the stock split on a retroactive basis for all periods presented.&nbsp;&nbsp;</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Calibri;font-size:10pt;text-transform:none;font-variant: normal;">Recapitalization</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In conjunction with the Company&#8217;s acquisition of e.l.f. Cosmetics, Inc. (formerly known as J.A. Cosmetics US, Inc.) (together with its subsidiaries, the &#8220;Predecessor&#8221;) on January 31, 2014, the Company entered into a five-year, senior secured credit agreement (as amended, the &#8220;Senior Secured Credit Facility&#8221;) with a syndicate consisting of several large financial institutions. The Senior Secured Credit Facility originally consisted of a $20.0 million revolving line of credit (the &#8220;Revolving Credit Facility&#8221;) and a $105.0 million term loan facility (the &#8220;Term Loan Facility&#8221;). In conjunction with the Company&#8217;s entry into the Senior Secured Credit Facility, and as amended in conjunction with the special dividend declared on June 7, 2016 as described below, the Company entered into a second lien credit agreement (as amended, the &#8220;Second Lien Credit Facility&#8221;) that provided a $40.0 million second lien term loan (the &#8220;Second Lien Term Loan&#8221;).&nbsp;&nbsp;</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On June 7, 2016, the Company incurred an incremental $64.0 million in term loan borrowings under the Senior Secured Credit Facility to fund, in part, the payment of a $72.0 million special dividend to stockholders, and increased the total availability under the Revolving Credit Facility to $25.0 million. In connection with the incremental borrowings, certain covenants were amended to reflect the increased leverage. All common stockholders, including individuals that received shares of restricted common stock in connection with the early exercise of certain unvested stock options, received a dividend of $1.79 per share. The $4.1 million dividend paid to restricted common stockholders was immediately used to pay down outstanding notes receivable from such common stockholders pursuant to the underlying recourse note agreements. Accordingly, the net cash outflow related to the dividend was $68.0 million. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Finally, in connection with the special dividend, the Company modified all stock options outstanding and reduced the exercise price by $1.79 per share in order to protect the option holders from dilution that would have otherwise resulted from the dividend recapitalization transaction. This constituted a modification in accordance with Accounting Standards Codification ("ASC") 718, <font style="font-style:italic;">Compensation-stock compensation</font>. The incremental compensation expense related to the modification was approximately $2.7 million and is being recognized over the original requisite service period for each modified option. </p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Calibri;font-size:10pt;text-transform:none;font-variant: normal;">Initial public offering</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On September 27, 2016, the Company completed the initial public offering of 9,583,333 shares of its common stock, including the underwriters&#8217; overallotment option, at an initial offering price of $17.00 per share, for aggregate gross proceeds of $162.9 million. Existing stockholders of the Company sold 5,583,333 shares of common stock in the initial public offering. The Company received net proceeds of $54.9 million, after deducting underwriting discounts and commissions and other offering expenses, including offering expenses paid prior to the initial public offering. As part of the initial public offering, the outstanding shares of convertible preferred stock were converted into an aggregate of 37,271,375 shares of common stock.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The shares offered and sold in the initial public offering were registered under the Securities Act pursuant to the Company&#8217;s Registration Statement on Form S-1, which was declared effective by the SEC on September 21, 2016. The common stock is listed on the New York Stock Exchange (&#8220;NYSE&#8221;) under the symbol "ELF."</p></div>
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1206000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
10000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3345000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7080000
CY2014Q4 us-gaap Cash
Cash
4668000
CY2015Q3 us-gaap Cash
Cash
1323000
us-gaap Interest Paid
InterestPaid
8552000
us-gaap Interest Paid
InterestPaid
9953000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5002000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7506000
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
-9834000
elf Deferred Offering Costs Included In Accounts Payable And Accrued Expense
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2350000
elf Property And Equipment Acquired Under Capital Lease
PropertyAndEquipmentAcquiredUnderCapitalLease
3000000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
111000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
300000
elf Vesting Of Shares Related To Early Exercise Of Common Stock Options
VestingOfSharesRelatedToEarlyExerciseOfCommonStockOptions
7859000
elf Note Receivable Issued To Finance Early Exercise Of Common Stock Net Of Dividend Proceeds
NoteReceivableIssuedToFinanceEarlyExerciseOfCommonStockNetOfDividendProceeds
11971000
CY2016Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
272338000
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Calibri;font-size:10pt;text-transform:none;font-variant: normal;">Use of estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Calibri;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with US 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 the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p></div>
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.79
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000
us-gaap Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
On September 19, 2016, the Company amended and restated its certificate of incorporation to effect a 2.76:1 forward stock split of the Company’s common stock
us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2016-06-07
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2071000
CY2016Q2 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
72000000
CY2016Q2 elf Share Based Compensation Arrangement By Share Based Payment Award Exercise Price Decreased Per Share
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1.79
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2700000
us-gaap Number Of Operating Segments
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1
us-gaap Number Of Reportable Segments
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1
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
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73280000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15798000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
57482000
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
157264000
CY2015Q4 elf Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
294344000
CY2015Q4 elf Intangible Assets Including Goodwill Accumulated Amortization
IntangibleAssetsIncludingGoodwillAccumulatedAmortization
15798000
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
278546000
CY2016Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
73280000
CY2016Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22006000
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51274000
CY2016Q3 us-gaap Goodwill Gross
GoodwillGross
157264000
CY2016Q3 elf Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
294344000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7121000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7007000
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6982000
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
6880000
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
148106000
CY2016Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
163385000
CY2015Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3187000
CY2016Q3 elf Intangible Assets Including Goodwill Accumulated Amortization
IntangibleAssetsIncludingGoodwillAccumulatedAmortization
22006000
CY2016Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1935000
CY2016Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
425000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
829000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
144919000
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
161450000
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1030000
CY2015Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
266000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2200000
CY2016Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1000000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-932000
CY2015Q3 us-gaap Interest Expense Other
InterestExpenseOther
1000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
996000
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-932000
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4362000
us-gaap Interest Expense Other
InterestExpenseOther
33000
CY2015Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
3195000
CY2016Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
5191000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
9476000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
11554000
CY2015Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2900000
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3725000
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4287000
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4185000
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
12912000
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
30501000
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Number Of Employees Affected
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationNumberOfEmployeesAffected
43
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
66531000
CY2015Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
3953000
CY2016Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
371228000
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
9834000
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
436317000
CY2015Q3 elf Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-4701000
CY2016Q3 elf Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-373605000
elf Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-7904000
elf Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-504136000
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8800433
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7679700
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8800433
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7679700
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.307
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.050
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.134
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.544
CY2016Q3 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
1700000
us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
1700000
CY2016Q3 elf Income Tax Reconciliation Change In Deferred Tax Assets And Liabilities Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsAndLiabilitiesValuationAllowance
2100000
elf Income Tax Reconciliation Change In Deferred Tax Assets And Liabilities Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsAndLiabilitiesValuationAllowance
2100000

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