2023 Q1 Form 10-K Financial Statement

#000171015523000011 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 2021
Revenue $2.080B $1.712B
YoY Change 21.48% 0.0%
Cost Of Revenue $904.8M $786.6M
YoY Change 15.02% 0.0%
Gross Profit $1.175B $925.1M
YoY Change 26.99% 0.0%
Gross Profit Margin 56.49% 54.04%
Selling, General & Admin $900.8M $725.0M
YoY Change 24.25% 1.82%
% of Gross Profit 76.68% 78.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $97.09M $91.60M
YoY Change 5.99% 0.0%
% of Gross Profit 8.26% 9.9%
Operating Expenses $999.8M $838.1M
YoY Change 19.29% 4.35%
Operating Profit $174.9M $87.01M
YoY Change 101.06% -28.62%
Interest Expense -$23.21M -$48.30M
YoY Change -51.94% 0.0%
% of Operating Profit -13.27% -55.51%
Other Income/Expense, Net -$25.61M -$48.33M
YoY Change -47.0%
Pretax Income $149.3M $38.68M
YoY Change 286.05% -0.05%
Income Tax $21.08M $2.403M
% Of Pretax Income 14.12% 6.21%
Net Earnings $128.2M $36.28M
YoY Change 253.51% -0.06%
Net Earnings / Revenue 6.17% 2.12%
Basic Earnings Per Share $1.57 $0.45
Diluted Earnings Per Share $1.43 $0.44
COMMON SHARES
Basic Shares Outstanding 79.00M shares 81.82M shares 80.57M shares
Diluted Shares Outstanding 96.13M shares 82.79M shares

Balance Sheet

Concept 2023 Q1 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $305.8M $373.9M
YoY Change -18.21% 0.0%
Cash & Equivalents $305.8M $373.9M
Short-Term Investments
Other Short-Term Assets $29.41M $23.50M
YoY Change 25.15% 0.0%
Inventory $123.7M $111.3M
Prepaid Expenses
Receivables $49.01M $49.50M
Other Receivables $6.685M $8.500M
Total Short-Term Assets $514.6M $566.7M
YoY Change -9.2% 0.0%
LONG-TERM ASSETS
Property, Plant & Equipment $701.3M $681.4M
YoY Change 2.93% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.00M $17.70M
YoY Change -3.96% 0.0%
Total Long-Term Assets $1.779B $1.767B
YoY Change 0.66% 0.0%
TOTAL ASSETS
Total Short-Term Assets $514.6M $566.7M
Total Long-Term Assets $1.779B $1.767B
Total Assets $2.293B $2.334B
YoY Change -1.73% 0.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.33M $64.90M
YoY Change -0.88% 0.0%
Accrued Expenses $160.5M $130.0M
YoY Change 23.43% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.999M $3.600M
YoY Change 11.08% 0.0%
Total Short-Term Liabilities $343.8M $328.7M
YoY Change 4.59% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $566.1M $651.8M
YoY Change -13.15% 0.0%
Other Long-Term Liabilities $374.4M $365.6M
YoY Change 2.4% 0.0%
Total Long-Term Liabilities $940.5M $1.017B
YoY Change -7.56% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $343.8M $328.7M
Total Long-Term Liabilities $940.5M $1.017B
Total Liabilities $1.367B $1.427B
YoY Change -4.2% 0.0%
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 $926.0M $906.5M
YoY Change
Total Liabilities & Shareholders Equity $2.293B $2.334B
YoY Change -1.73% 0.0%

Cashflow Statement

Concept 2023 Q1 2022 2021
OPERATING ACTIVITIES
Net Income $128.2M $36.28M
YoY Change 253.51% -0.06%
Depreciation, Depletion And Amortization $97.09M $91.60M
YoY Change 5.99% 0.0%
Cash From Operating Activities $258.9M $235.0M
YoY Change 10.2% -0.01%
INVESTING ACTIVITIES
Capital Expenditures $95.52M $76.82M
YoY Change 24.33% 0.03%
Acquisitions
YoY Change
Other Investing Activities -$2.618M -$413.0K
YoY Change 533.9% -203.25%
Cash From Investing Activities -$92.90M -$76.41M
YoY Change 21.58% 0.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $61.46M -$12.42M
YoY Change -594.98% -200.13%
Debt Paid & Issued, Net $167.4M $369.3M
YoY Change -54.67%
Cash From Financing Activities -$234.3M $176.3M
YoY Change -232.93% -0.01%
NET CHANGE
Cash From Operating Activities $258.9M $235.0M
Cash From Investing Activities -$92.90M -$76.41M
Cash From Financing Activities -$234.3M $176.3M
Net Change In Cash -$68.28M $334.9M
YoY Change -120.39% -0.01%
FREE CASH FLOW
Cash From Operating Activities $258.9M $235.0M
Capital Expenditures $95.52M $76.82M
Free Cash Flow $163.4M $158.2M
YoY Change 3.33% -0.03%

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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
1020000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
6158000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
-780000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
259000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
3698000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-194000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42883000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
130704000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
35691000 usd
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
776437000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
13591000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
10616000 usd
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
689000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
71385000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-586000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
36277000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
906502000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11482000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
14701000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
73295000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2460000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
128244000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
925980000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3286000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
13353000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
84388000 usd
CY2022 eye Settlement Of2025 Notes Adjustments To Additional Paid In Capital Settlement Of Debt
SettlementOf2025NotesAdjustmentsToAdditionalPaidInCapitalSettlementOfDebt
-1000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
761000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
42122000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
901113000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
42122000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
128244000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
36277000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
99956000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
97089000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
91585000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3314000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4321000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
11895000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5783000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4427000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
22004000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
11024000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
16701000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-233000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
13512000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
14886000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
10740000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
16377000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3286000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-4014000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
2371000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
2481000 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
4852000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2122000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-94000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5092000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24816000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1182000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13697000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1860000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14876000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-11430000 usd
CY2022 eye Increase Decrease In Lease Right Of Use Assets And Lease Liabilities
IncreaseDecreaseInLeaseRightOfUseAssetsAndLeaseLiabilities
-859000 usd
CY2022 eye Increase Decrease In Lease Right Of Use Assets And Lease Liabilities
IncreaseDecreaseInLeaseRightOfUseAssetsAndLeaseLiabilities
41000 usd
CY2021 eye Increase Decrease In Lease Right Of Use Assets And Lease Liabilities
IncreaseDecreaseInLeaseRightOfUseAssetsAndLeaseLiabilities
-1518000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4256000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6456000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8096000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
945000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-530000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
24079000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6655000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6002000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6982000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-22156000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
8700000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
26539000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
119198000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
258938000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
234981000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
113547000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
95515000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
76823000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2653000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2618000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-413000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-110894000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-92897000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-76410000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
548769000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
167375000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
369269000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3744000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11838000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13105000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
84388000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
73295000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
689000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
900000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
12439000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3908000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4592000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3196000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-84556000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-234324000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
176281000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-76252000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-68283000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
334852000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
306876000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
375159000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40307000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230624000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
306876000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
375159000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
16940000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
24897000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
30786000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7481000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10428000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
894000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9594000 usd
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 usd
CY2022Q1 eye Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
100000000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10571000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8455000 usd
CY2022Q4 us-gaap Number Of Stores
NumberOfStores
1354 store
CY2022Q1 us-gaap Number Of Stores
NumberOfStores
1278 store
CY2022Q4 eye Number Of Store Brands
NumberOfStoreBrands
5 storebrand
CY2022 us-gaap Fiscal Period
FiscalPeriod
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Fiscal Year</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We operate on a retail fiscal calendar that results in a given fiscal year consisting of a 52- or 53-week period ending on the Saturday closest to December 31. In a 52-week fiscal year, each quarter contains 13 weeks of operations; in a 53-week fiscal year, each of the first, second and third quarters include 13 weeks of operations and the fourth quarter includes 14 weeks of operations.</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">References herein to “fiscal year 2022” and “fiscal year 2021,” relate to the 52 weeks ended December 31, 2022 and January 1, 2022, respectively, and references to “fiscal year 2020,” relate to the 53 weeks ended January 2, 2021. Unless otherwise stated, references to years in this report relate to fiscal years rather than calendar years.</span></div>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. 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.</span></div>
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000 usd
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2700000 shares
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
80000000 usd
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1400000 usd
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
69900000 usd
CY2022Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
50000000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
900000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
800000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
700000 usd
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
0 usd
CY2022Q4 eye Estimated Insurance Recoveries Current
EstimatedInsuranceRecoveriesCurrent
1047000 usd
CY2022Q1 eye Estimated Insurance Recoveries Current
EstimatedInsuranceRecoveriesCurrent
964000 usd
CY2022Q4 eye Estimated Insurance Recoveries Noncurrent
EstimatedInsuranceRecoveriesNoncurrent
2125000 usd
CY2022Q1 eye Estimated Insurance Recoveries Noncurrent
EstimatedInsuranceRecoveriesNoncurrent
1956000 usd
CY2022Q4 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
3172000 usd
CY2022Q1 us-gaap Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
2920000 usd
CY2022 eye Revenue Reduction Based On Variable Consideration
RevenueReductionBasedOnVariableConsideration
14800000 usd
CY2022 eye Revenue Reduction Based On Variable Consideration
RevenueReductionBasedOnVariableConsideration
10200000 usd
CY2021 eye Revenue Reduction Based On Variable Consideration
RevenueReductionBasedOnVariableConsideration
7500000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
141400000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
149600000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
86500000 usd
CY2022 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
800000 usd
CY2021 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
1100000 usd
CY2022 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
0 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
229425000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
305800000 usd
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
373903000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1199000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1076000 usd
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1256000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230624000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
306876000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
375159000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
519000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
502000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
79892000 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
55697000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
64786000 usd
CY2022Q1 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
65262000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
58372000 usd
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
58407000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
123158000 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
123669000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
36219000 usd
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
36235000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
842748000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
752558000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
482973000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
406122000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
359775000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
346436000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
37451000 usd
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
55670000 usd
CY2022Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
8744000 usd
CY2022Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
9034000 usd
CY2022Q4 eye Capital Expenditures Payable Current
CapitalExpendituresPayableCurrent
9594000 usd
CY2022Q1 eye Capital Expenditures Payable Current
CapitalExpendituresPayableCurrent
10571000 usd
CY2022Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
3811000 usd
CY2022Q1 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
6962000 usd
CY2022Q4 eye Reserves For Customer Returns And Remakes Current
ReservesForCustomerReturnsAndRemakesCurrent
7676000 usd
CY2022Q1 eye Reserves For Customer Returns And Remakes Current
ReservesForCustomerReturnsAndRemakesCurrent
7556000 usd
CY2022Q4 eye Accrued Management And Services Agreement Current
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CY2022 eye Effective Income Tax Rate Reconciliation Executive Compensation Limitation
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CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2022 us-gaap Operating Lease Payments
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CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
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CY2021 us-gaap Capital Lease Obligations Incurred
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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