$HLF
HERBALIFE LTD.

2014 Q2 Form 10-Q Financial Statement

#000119312514282448 Filed on July 28, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $1.306B $1.219B
YoY Change 7.14% 18.15%
Cost Of Revenue $257.2M $247.2M
YoY Change 4.04% 21.34%
Gross Profit $1.049B $972.0M
YoY Change 7.92% 17.36%
Gross Profit Margin 80.31% 79.72%
Selling, General & Admin $461.9M $400.1M
YoY Change 15.44% 30.62%
% of Gross Profit 44.03% 41.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.50M $21.30M
YoY Change 10.33% 18.33%
% of Gross Profit 2.24% 2.19%
Operating Expenses $461.9M $400.1M
YoY Change 15.44% 30.62%
Operating Profit $196.3M $192.4M
YoY Change 2.05% 3.03%
Interest Expense -$21.40M -$5.559M
YoY Change 284.96% 75.42%
% of Operating Profit -10.9% -2.89%
Other Income/Expense, Net $0.00 -$100.0K
YoY Change -100.0%
Pretax Income $174.9M $186.8M
YoY Change -6.37% 1.78%
Income Tax $55.40M $43.64M
% Of Pretax Income 31.68% 23.36%
Net Earnings $119.5M $143.1M
YoY Change -16.49% 8.41%
Net Earnings / Revenue 9.15% 11.74%
Basic Earnings Per Share $1.39 $1.39
Diluted Earnings Per Share $1.31 $1.34
COMMON SHARES
Basic Shares Outstanding 86.10M 103.0M shares
Diluted Shares Outstanding 91.20M 107.1M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $773.5M $849.7M
YoY Change -8.97% 196.89%
Cash & Equivalents $773.5M $849.7M
Short-Term Investments
Other Short-Term Assets $274.1M $211.9M
YoY Change 29.35% 12.18%
Inventory $343.4M $331.5M
Prepaid Expenses
Receivables $103.8M $110.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.495B $1.504B
YoY Change -0.61% 77.75%
LONG-TERM ASSETS
Property, Plant & Equipment $363.2M $255.2M
YoY Change 42.3% 29.68%
Goodwill $105.5M $105.5M
YoY Change 0.0%
Intangibles $310.6M $311.0M
YoY Change -0.12%
Long-Term Investments
YoY Change
Other Assets $108.4M $47.25M
YoY Change 129.33% -33.45%
Total Long-Term Assets $940.9M $750.0M
YoY Change 25.45% 9.54%
TOTAL ASSETS
Total Short-Term Assets $1.495B $1.504B
Total Long-Term Assets $940.9M $750.0M
Total Assets $2.436B $2.254B
YoY Change 8.06% 47.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.07M $77.54M
YoY Change 25.19% -1.85%
Accrued Expenses $287.5M $227.5M
YoY Change 26.4% -0.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $93.80M $68.80M
YoY Change 36.34% 8500.0%
Total Short-Term Liabilities $942.4M $792.3M
YoY Change 18.95% 39.9%
LONG-TERM LIABILITIES
Long-Term Debt $1.744B $893.8M
YoY Change 95.14% 61.02%
Other Long-Term Liabilities $51.40M $41.35M
YoY Change 24.31% -37.25%
Total Long-Term Liabilities $51.40M $41.35M
YoY Change 24.31% -93.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $942.4M $792.3M
Total Long-Term Liabilities $51.40M $41.35M
Total Liabilities $2.840B $1.820B
YoY Change 56.0% 44.46%
SHAREHOLDERS EQUITY
Retained Earnings -$779.9M $172.1M
YoY Change -553.3%
Common Stock $398.5M $305.8M
YoY Change 30.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$404.1M $433.6M
YoY Change
Total Liabilities & Shareholders Equity $2.436B $2.254B
YoY Change 8.06% 47.24%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $119.5M $143.1M
YoY Change -16.49% 8.41%
Depreciation, Depletion And Amortization $23.50M $21.30M
YoY Change 10.33% 18.33%
Cash From Operating Activities $157.0M $213.9M
YoY Change -26.6% 56.13%
INVESTING ACTIVITIES
Capital Expenditures -$47.00M -$31.10M
YoY Change 51.13% 107.33%
Acquisitions
YoY Change
Other Investing Activities -$4.400M $0.00
YoY Change -100.0%
Cash From Investing Activities -$51.40M -$31.20M
YoY Change 64.74% 106.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $266.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -596.7M -44.80M
YoY Change 1231.92% -66.57%
NET CHANGE
Cash From Operating Activities 157.0M 213.9M
Cash From Investing Activities -51.40M -31.20M
Cash From Financing Activities -596.7M -44.80M
Net Change In Cash -491.1M 137.9M
YoY Change -456.13% -1239.67%
FREE CASH FLOW
Cash From Operating Activities $157.0M $213.9M
Capital Expenditures -$47.00M -$31.10M
Free Cash Flow $204.0M $245.0M
YoY Change -16.73% 61.18%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
91782311 shares
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41700000
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-44300000
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
849703000
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-22500000
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
91800000 shares
CY2014Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
86.28
CY2014Q2 us-gaap Foreign Currency Exchange Rate Remeasurement1
ForeignCurrencyExchangeRateRemeasurement1
6.3 pure
CY2014Q2 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
91 Country
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
287516000
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
368796000
CY2014Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
97065000
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
942366000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-22657000
CY2014Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
89358000
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
51403000
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
93751000
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
-404068000
CY2014Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
398436000
CY2014Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1838000000
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2013000
CY2014Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
4600000
CY2014Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
1000000
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-779939000
CY2014Q2 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
893800000
CY2014Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
33344000
CY2014Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
4500000
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1744236000
CY2014Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
2200000
CY2014Q2 us-gaap Customer Advances Current
CustomerAdvancesCurrent
88071000
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
92000
CY2014Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
41795000
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2435684000
CY2014Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
59952000
CY2014Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
103782000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
8453000
CY2014Q2 us-gaap Liabilities
Liabilities
2839752000
CY2014Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
32900000
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
6800000
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
2400000
CY2014Q2 us-gaap Assets Current
AssetsCurrent
1494789000
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q2 us-gaap Goodwill
Goodwill
105490000
CY2014Q2 us-gaap Derivative Assets
DerivativeAssets
200000
CY2014Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
310608000
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
108358000
CY2014Q2 us-gaap Assets
Assets
2435684000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
773517000
CY2014Q2 us-gaap Inventory Net
InventoryNet
343447000
CY2014Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
296700000
CY2014Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
2200000
CY2014Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
27597000
CY2014Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
25677000
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
206654000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
8800000
CY2014Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
9900000
CY2014Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4500000
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
74700000
CY2014Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
8800000
CY2014Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
67389000
CY2014Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
42200000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
8453000
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
363165000
CY2014Q2 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsExercisableWeightedAverageExercisePrice
25.61
CY2014Q2 hlf Decrease In Unrecognized Tax Benefits Due To Settlement Of Audits Or Resolution Of Administrative Or Judicial Proceedings
DecreaseInUnrecognizedTaxBenefitsDueToSettlementOfAuditsOrResolutionOfAdministrativeOrJudicialProceedings
6400000
CY2014Q2 hlf Decrease In Unrecognized Tax Benefits Expiration Of Statute Of Limitations
DecreaseInUnrecognizedTaxBenefitsExpirationOfStatuteOfLimitations
3500000
CY2014Q2 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsExercisableNumber
8311000 shares
CY2014Q2 hlf Accrued Royalty Overrides
AccruedRoyaltyOverrides
253261000
CY2014Q2 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingNumber
12842000 shares
CY2014Q2 hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Exercisable Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsExercisableIntrinsicValue
327400000
CY2014Q2 hlf Unrealized Excess Tax Benefits
UnrealizedExcessTaxBenefits
18200000
CY2014Q2 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingWeightedAverageExercisePrice
37.07
CY2014Q2 hlf Guarantee Retainer Fees Unpaid
GuaranteeRetainerFeesUnpaid
2000000
CY2014Q2 hlf Liability Award Expense Unrecognized
LiabilityAwardExpenseUnrecognized
2000000
CY2014Q2 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingIntrinsicValue
369100000
CY2014Q2 hlf Gross Balance Of Unrecognized Tax Benefits Including Interest And Penalties
GrossBalanceOfUnrecognizedTaxBenefitsIncludingInterestAndPenalties
40400000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-31700000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
333534000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
101100000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
267501000
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
327864000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
82665000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
922178000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19794000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-8158000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
13038000
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
111905000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
46806000
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
81250000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
551446000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
323860000
CY2013Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
931300000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2211000
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2100000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
247279000
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
850019000
CY2013Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
3000000
CY2013Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
68079000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
101000
CY2013Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
37226000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2473701000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
66026000
CY2013Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
931300000
CY2013Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
43826000
CY2013Q4 us-gaap Liabilities
Liabilities
1922255000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
5100000
CY2013Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
100326000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
8000000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
1643120000
CY2013Q4 us-gaap Goodwill
Goodwill
105490000
CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
5000000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
310801000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
63713000
CY2013Q4 us-gaap Assets
Assets
2473701000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
972974000
CY2013Q4 us-gaap Inventory Net
InventoryNet
351201000
CY2013Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
325300000
CY2013Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
3000000
CY2013Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
26821000
CY2013Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
4896000
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
148774000
CY2013Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2800000
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
69845000
CY2013Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
23100000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
318860000
CY2013Q4 hlf Accrued Royalty Overrides
AccruedRoyaltyOverrides
266952000
CY2013Q4 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingNumber
12143000 shares
CY2013Q4 hlf Unrealized Excess Tax Benefits
UnrealizedExcessTaxBenefits
15400000
CY2013Q4 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingWeightedAverageExercisePrice
33.24
CY2013Q4 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingIntrinsicValue
552900000
CY2012Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
1000000000
CY2014Q1 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
1500000000
CY2014Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
266000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.44
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107589000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.53
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.252 pure
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
351453000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4038000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.85
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103551000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4100000 shares
us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
336267000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13150000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
249447000
us-gaap Gross Profit
GrossProfit
1869685000
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
5343000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61823000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-700000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8040000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
38250000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2006619000
us-gaap Income Taxes Paid
IncomeTaxesPaid
117120000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
534000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-10932000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
15000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-17931000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-12588000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
674000
us-gaap Operating Income Loss
OperatingIncomeLoss
361278000
us-gaap Interest Paid
InterestPaid
12004000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
44000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
350346000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
312000
us-gaap Net Income Loss
NetIncomeLoss
262035000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14094000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-15900000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
165726000
us-gaap Sales Revenue Net
SalesRevenueNet
2342886000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
56048000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
971000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
6800000
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-1811000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1295000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
473201000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3300000
us-gaap Inventory Write Down
InventoryWriteDown
10448000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
248414000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7939000
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
513227000
us-gaap Share Based Compensation
ShareBasedCompensation
15253000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
42310000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
516169000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-56015000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-12546000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4586000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
33000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1704000
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
4481000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
15000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
3527000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15300000
us-gaap Interest Expense Debt
InterestExpenseDebt
14300000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
764827000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
88311000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-27683000
hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
1300000
hlf Royalty Overrides Increase Decrease
RoyaltyOverridesIncreaseDecrease
-2051000
hlf Foreign Exchange Loss From Foreign Country Currency Devaluation
ForeignExchangeLossFromForeignCountryCurrencyDevaluation
15116000
hlf Increase Decrease In Accrued Expenses And Accrued Compensation
IncreaseDecreaseInAccruedExpensesAndAccruedCompensation
43761000
hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
300000
hlf Advisory Retainer Fees
AdvisoryRetainerFees
3000000
hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
17600000
hlf Royalty Overrides
RoyaltyOverrides
743580000
hlf Contributions Margin
ContributionsMargin
1126000000
dei Trading Symbol
TradingSymbol
HLF
dei Entity Registrant Name
EntityRegistrantName
HERBALIFE LTD.
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001180262
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
invest Investment Repurchase Agreement Date Of Agreement
InvestmentRepurchaseAgreementDateOfAgreement
2014-05-06
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 Segment
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.02
us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-03-18
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
95934000 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.317 pure
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.14
us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>1. Organization</b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> Herbalife Ltd., a Cayman Islands exempt limited liability company, or Herbalife, was incorporated on April&#xA0;4, 2002. Herbalife Ltd. (and together with its subsidiaries, the &#x201C;Company&#x201D;) is a global nutrition company that sells weight management products, nutritional supplements, energy, sports&#xA0;&amp; fitness products and personal care products. As of June&#xA0;30, 2014, the Company sold its products to and through a network of 3.9&#xA0;million independent members, or Members, which included 0.2&#xA0;million in China. In China, the Company sells its products through retail stores, sales representatives, sales officers and independent service providers. The Company reports revenue in six geographic regions: North America; Mexico; South and Central America; EMEA, which consists of Europe, the Middle East and Africa; Asia Pacific (excluding China); and China.</p> </div>
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
347583000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5202000 shares
us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2014-02-18
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
26.02
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90732000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Reclassifications</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Certain reclassifications were made to the prior period statement of cash flows, within cash flows from operating activities, to conform to current period presentation. These reclassifications did not impact the prior period total net cash provided by (used in) operating activities, investing activities and financing activities, nor did it impact the Company&#x2019;s accompanying condensed consolidated balance sheets and related condensed consolidated statements of income and comprehensive income.</p> </div>
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3500000 shares
us-gaap Gross Profit
GrossProfit
2060463000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
133000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2039000
us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
211377000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
50669000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
191297000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
28927000
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-3178000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30400000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13090000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
37500000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2357472000
us-gaap Income Taxes Paid
IncomeTaxesPaid
109337000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
7588000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
65400000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4642000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-36367000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
6693000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
182000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2863000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3717000
us-gaap Operating Income Loss
OperatingIncomeLoss
323891000
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
123825000
us-gaap Interest Paid
InterestPaid
14417000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-2532000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
284363000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1163000
us-gaap Net Income Loss
NetIncomeLoss
194160000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2409000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
23398000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-3400000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1277929000
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
6693000
us-gaap Sales Revenue Net
SalesRevenueNet
2568849000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
105482000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2039000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
8500000
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1542000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
3161000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
19021000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
1000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
508386000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-500000
us-gaap Inventory Write Down
InventoryWriteDown
12373000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
70000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-336433000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7838000
us-gaap Share Based Compensation
ShareBasedCompensation
23398000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1277929000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
44776000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-199457000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-113059000
CY2014Q2 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Sa Rs Exercisable Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndSARsExercisableWeightedAverageRemainingContractualTerm
P4Y
hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsForfeituresInPeriodWeightedAverageExercisePrice
59.12
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-314000
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
20915000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
6693000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
4569000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23400000
us-gaap Interest Expense Debt
InterestExpenseDebt
41900000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
963979000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1150000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
90203000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-97548000
hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
200000
hlf Royalty Overrides Increase Decrease
RoyaltyOverridesIncreaseDecrease
-12113000
hlf Agreement Expiration Date
AgreementExpirationDate
2014-06-30
hlf Foreign Exchange Loss From Foreign Country Currency Devaluation
ForeignExchangeLossFromForeignCountryCurrencyDevaluation
86108000
hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsExercisesInPeriodWeightedAverageExercisePrice
20.04
hlf Increase Decrease In Accrued Expenses And Accrued Compensation
IncreaseDecreaseInAccruedExpensesAndAccruedCompensation
16661000
hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
35000000
hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsExercisesInPeriod
757000 shares
hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsGrantsInPeriod
1509000 shares
hlf Advisory Retainer Fees
AdvisoryRetainerFees
2600000
hlf Stock Repurchase Program Expiry Date
StockRepurchaseProgramExpiryDate
2017-06-30
hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
60.13
hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
12300000
hlf Number Of Members
NumberOfMembers
3900000 Members
hlf Deductible For Product Liability Insurance
DeductibleForProductLiabilityInsurance
10000000
hlf Royalty Overrides
RoyaltyOverrides
772593000
hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsForfeituresInPeriod
53000 shares
hlf Noncash Interest Expense
NoncashInterestExpense
2600000
hlf Contributions Margin
ContributionsMargin
1288000000
hlf Noncash Forward Transaction Issuance Costs
NoncashForwardTransactionIssuanceCosts
35800000
hlf Dividends Paid And Received Net
DividendsPaidAndReceivedNet
26984000
hlf Adjustments To Additional Paid In Capital Due To Issuance Of Senior Convertible Notes
AdjustmentsToAdditionalPaidInCapitalDueToIssuanceOfSeniorConvertibleNotes
249797000
hlf Proceeds From Dividends Received Related To Forward Transactions
ProceedsFromDividendsReceivedRelatedToForwardTransactions
3416000
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
CY2014Q2 hlf Sharebased Compensation Arrangement By Sharebased Payment Award Options And Sa Rs Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndSARsOutstandingWeightedAverageRemainingContractualTerm1
P5Y4M24D
CY2013Q4 hlf Sharebased Compensation Arrangement By Sharebased Payment Award Options And Sa Rs Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndSARsOutstandingWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2014Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4300000 shares
CY2014Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
3200000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107083000 shares
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
CY2013Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.234 pure
CY2013Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4090000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
12.68
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102993000 shares
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4100000 shares
CY2013Q2 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
164203000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
140590000
CY2013Q2 us-gaap Gross Profit
GrossProfit
972015000
CY2013Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
6675000
CY2013Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30900000
CY2013Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1055036000
CY2013Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-5559000
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-9247000
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2572000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
192357000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
186798000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
143162000
CY2013Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-4400000
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1219239000
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2500000
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-1506000
CY2013Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
247224000
CY2013Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1800000
CY2013Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
2211000
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7400000
CY2013Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
7500000
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
400107000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43636000
CY2013Q2 hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
300000
CY2013Q2 hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
0
CY2013Q2 hlf Advisory Retainer Fees
AdvisoryRetainerFees
1500000
CY2013Q2 hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
8100000
CY2013Q2 hlf Royalty Overrides
RoyaltyOverrides
379551000
CY2013Q2 hlf Contributions Margin
ContributionsMargin
592500000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91172000 shares
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
174882000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
119532000
CY2014Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1000000
CY2014Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-21406000
CY2014Q2 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
45100000
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
CY2014Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.316 pure
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5059000 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
25.99
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86113000 shares
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3500000 shares
CY2014Q2 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
104862000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
119360000
CY2014Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
225000
CY2014Q2 us-gaap Gross Profit
GrossProfit
1048979000
CY2014Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-2763000
CY2014Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0
CY2014Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1201338000
CY2014Q2 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
4300000
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
2366000
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-172000
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1306200000
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
300000
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
196288000
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1615000
CY2014Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
257221000
CY2014Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1200000
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
121000
CY2014Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
0
CY2014Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-210000
CY2014Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12400000
CY2014Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
24200000
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
461917000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55350000
CY2014Q2 hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
300000
CY2014Q2 hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
20100000
CY2014Q2 hlf Advisory Retainer Fees
AdvisoryRetainerFees
1300000
CY2014Q2 hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
8000000
CY2014Q2 hlf Royalty Overrides
RoyaltyOverrides
390774000
CY2014Q2 hlf Noncash Interest Expense
NoncashInterestExpense
1600000
CY2014Q2 hlf Contributions Margin
ContributionsMargin
658200000
CY2014Q2 hlf Proceeds From Dividends Received Related To Forward Transactions
ProceedsFromDividendsReceivedRelatedToForwardTransactions
0

Files In Submission

Name View Source Status
0001193125-14-282448-index-headers.html Edgar Link pending
0001193125-14-282448-index.html Edgar Link pending
0001193125-14-282448.txt Edgar Link pending
0001193125-14-282448-xbrl.zip Edgar Link pending
d743001d10q.htm Edgar Link pending
d743001dex1037.htm Edgar Link pending
d743001dex1060.htm Edgar Link pending
d743001dex311.htm Edgar Link pending
d743001dex312.htm Edgar Link pending
d743001dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g743001g72b10.jpg Edgar Link pending
hlf-20140630.xml Edgar Link completed
hlf-20140630.xsd Edgar Link pending
hlf-20140630_cal.xml Edgar Link unprocessable
hlf-20140630_def.xml Edgar Link unprocessable
hlf-20140630_lab.xml Edgar Link unprocessable
hlf-20140630_pre.xml Edgar Link unprocessable
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
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.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