2014 Q4 Form 10-Q Financial Statement

#000119312514394184 Filed on November 03, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $1.134B $1.256B $1.214B
YoY Change -10.66% 3.52% 19.33%
Cost Of Revenue $219.6M $254.9M $238.4M
YoY Change -12.79% 6.93% 18.26%
Gross Profit $914.0M $1.001B $975.1M
YoY Change -10.14% 2.69% 19.6%
Gross Profit Margin 80.63% 79.71% 80.35%
Selling, General & Admin $748.6M $609.7M $409.7M
YoY Change -10.41% 48.8% 26.39%
% of Gross Profit 81.9% 60.89% 42.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.00M $24.40M $20.90M
YoY Change 11.63% 16.75% 11.17%
% of Gross Profit 2.63% 2.44% 2.14%
Operating Expenses $748.6M $609.7M $409.7M
YoY Change -10.41% 48.8% 26.39%
Operating Profit $165.4M $27.64M $192.1M
YoY Change -8.87% -85.61% 19.46%
Interest Expense -$26.40M -$19.86M -$4.726M
YoY Change 956.0% 320.31% 33.28%
% of Operating Profit -15.96% -71.86% -2.46%
Other Income/Expense, Net $0.00 -$9.800M $0.00
YoY Change
Pretax Income $139.0M -$2.053M $187.4M
YoY Change -22.35% -101.1% 19.15%
Income Tax $35.70M -$13.30M $45.46M
% Of Pretax Income 25.68% 24.26%
Net Earnings $103.3M $11.30M $142.0M
YoY Change -16.36% -92.04% 26.9%
Net Earnings / Revenue 9.11% 0.9% 11.7%
Basic Earnings Per Share $1.26 $0.14 $1.39
Diluted Earnings Per Share $1.21 $0.13 $1.32
COMMON SHARES
Basic Shares Outstanding 91.80M shares 81.93M shares 102.2M shares
Diluted Shares Outstanding 86.20M shares 107.8M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $645.4M $678.1M $892.5M
YoY Change -33.67% -24.02% 177.43%
Cash & Equivalents $645.4M $678.2M $892.5M
Short-Term Investments
Other Short-Term Assets $286.7M $290.3M $228.7M
YoY Change 31.15% 26.93% 30.17%
Inventory $377.7M $367.8M $347.7M
Prepaid Expenses
Receivables $83.60M $100.6M $109.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.393B $1.437B $1.579B
YoY Change -15.2% -8.99% 70.65%
LONG-TERM ASSETS
Property, Plant & Equipment $366.7M $359.0M $267.9M
YoY Change 14.99% 34.02% 34.89%
Goodwill $102.2M $105.5M $105.5M
YoY Change -3.13% 0.0% 0.0%
Intangibles $310.4M $310.5M $310.9M
YoY Change -0.13% -0.12% -0.12%
Long-Term Investments
YoY Change
Other Assets $154.9M $101.7M $49.01M
YoY Change 143.17% 107.59% 7.76%
Total Long-Term Assets $961.6M $927.7M $764.6M
YoY Change 15.77% 21.32% 10.35%
TOTAL ASSETS
Total Short-Term Assets $1.393B $1.437B $1.579B
Total Long-Term Assets $961.6M $927.7M $764.6M
Total Assets $2.355B $2.364B $2.343B
YoY Change -4.8% 0.9% 44.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $72.40M $93.56M $82.99M
YoY Change -12.45% 12.74% 3.58%
Accrued Expenses $252.1M $273.1M $241.4M
YoY Change -5.76% 13.14% 42.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0M $100.0M $75.10M
YoY Change 23.0% 33.16% 49.01%
Total Short-Term Liabilities $874.8M $928.0M $868.0M
YoY Change -5.15% 6.92% 30.73%
LONG-TERM LIABILITIES
Long-Term Debt $1.712B $1.728B $875.0M
YoY Change 101.38% 97.47% 94.4%
Other Long-Term Liabilities $64.60M $61.58M $45.33M
YoY Change 38.03% 35.86% 10.11%
Total Long-Term Liabilities $1.776B $61.58M $45.33M
YoY Change 98.07% 35.86% 10.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $874.8M $928.0M $868.0M
Total Long-Term Liabilities $1.776B $61.58M $45.33M
Total Liabilities $2.709B $2.785B $1.888B
YoY Change 40.94% 47.52% 51.43%
SHAREHOLDERS EQUITY
Retained Earnings -$665.4M -$768.7M $178.2M
YoY Change -369.17% -531.31% 61.96%
Common Stock $409.2M $406.9M $304.7M
YoY Change 26.3% 33.53% 2.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$334.4M -$420.6M $455.6M
YoY Change
Total Liabilities & Shareholders Equity $2.375B $2.364B $2.343B
YoY Change -3.99% 0.9% 44.83%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $103.3M $11.30M $142.0M
YoY Change -16.36% -92.04% 26.9%
Depreciation, Depletion And Amortization $24.00M $24.40M $20.90M
YoY Change 11.63% 16.75% 11.17%
Cash From Operating Activities $61.90M $101.9M $225.5M
YoY Change -68.4% -54.81% 58.25%
INVESTING ACTIVITIES
Capital Expenditures -$33.70M -$34.50M -$35.80M
YoY Change -38.95% -3.63% 83.59%
Acquisitions
YoY Change
Other Investing Activities -$15.80M -$4.200M $100.0K
YoY Change 295.0% -4300.0% -116.67%
Cash From Investing Activities -$49.50M -$38.70M -$35.70M
YoY Change -16.24% 8.4% 76.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.70M -21.40M -156.0M
YoY Change -48.62% -86.28% 70.31%
NET CHANGE
Cash From Operating Activities 61.90M 101.9M 225.5M
Cash From Investing Activities -49.50M -38.70M -35.70M
Cash From Financing Activities -31.70M -21.40M -156.0M
Net Change In Cash -19.30M 41.80M 33.80M
YoY Change -125.7% 23.67% 10.1%
FREE CASH FLOW
Cash From Operating Activities $61.90M $101.9M $225.5M
Capital Expenditures -$33.70M -$34.50M -$35.80M
Free Cash Flow $95.60M $136.4M $261.3M
YoY Change -61.93% -47.8% 61.3%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000
CY2014Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1500000000
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-44300000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-27400000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
892548000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-22700000
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
91900000 shares
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2014Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
86.28
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q3 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
91 Country
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
394144000
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
928034000
CY2014Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
11000000
CY2014Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
28674000
CY2014Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
36100000
CY2014Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1727919000
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
92000
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-58785000
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
93561000
CY2014Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
1000000
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-768690000
CY2014Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
25719000
CY2014Q3 us-gaap Customer Advances Current
CustomerAdvancesCurrent
89499000
CY2014Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
406822000
CY2014Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
10600000
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
2835000
CY2014Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
10400000
CY2014Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
325500000
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
CY2014Q3 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
23837000
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
12100000
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
64300000
CY2014Q3 us-gaap Inventory Net
InventoryNet
367827000
CY2014Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
38900000
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
2835000
CY2014Q3 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
27102000
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
310524000
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
101730000
CY2014Q3 us-gaap Assets
Assets
2364498000
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
CY2014Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
81722000
CY2014Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
273074000
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
-420561000
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
61582000
CY2014Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
100000000
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2364498000
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
21400000
CY2014Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
10400000
CY2014Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
5000000
CY2014Q3 us-gaap Line Of Credit
LineOfCredit
875000000
CY2014Q3 us-gaap Liabilities
Liabilities
2785059000
CY2014Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
85451000
CY2014Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
41805000
CY2014Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1827900000
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2351000
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
678134000
CY2014Q3 us-gaap Derivative Assets
DerivativeAssets
1700000
CY2014Q3 us-gaap Goodwill
Goodwill
105490000
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
358983000
CY2014Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
100560000
CY2014Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2835000
CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
208589000
CY2014Q3 us-gaap Assets Current
AssetsCurrent
1436832000
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
CY2014Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2835000
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
327864000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
922178000
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2100000
CY2013Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
43826000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
66026000
CY2013Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
68079000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
323860000
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
267501000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
551446000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
46806000
CY2014Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3400000
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
850019000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
101000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19794000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
82665000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
247279000
CY2014Q3 hlf Accrued Royalty Overrides
AccruedRoyaltyOverrides
257775000
CY2014Q3 hlf Available For Sale Securities Debt Maturities Within Two Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinTwoYearsFairValue
CY2014Q3 hlf Available For Sale Securities Debt Maturities Within Two Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinTwoYearsAmortizedCost
CY2014Q3 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingIntrinsicValue
172300000
CY2014Q3 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsExercisableWeightedAverageExercisePrice
25.57
CY2014Q3 hlf Unrealized Excess Tax Benefits
UnrealizedExcessTaxBenefits
21100000
CY2014Q3 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsExercisableNumber
8238000 shares
CY2014Q3 hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Exercisable Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsExercisableIntrinsicValue
169300000
CY2014Q3 hlf Guarantee Retainer Fees Unpaid
GuaranteeRetainerFeesUnpaid
1000000
CY2014Q3 hlf Decrease In Unrecognized Tax Benefits Expiration Of Statute Of Limitations
DecreaseInUnrecognizedTaxBenefitsExpirationOfStatuteOfLimitations
4600000
CY2014Q3 hlf Decrease In Unrecognized Tax Benefits Due To Settlement Of Audits Or Resolution Of Administrative Or Judicial Proceedings
DecreaseInUnrecognizedTaxBenefitsDueToSettlementOfAuditsOrResolutionOfAdministrativeOrJudicialProceedings
6000000
CY2014Q3 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingWeightedAverageExercisePrice
37.14
CY2014Q3 hlf Gross Balance Of Unrecognized Tax Benefits Including Interest And Penalties
GrossBalanceOfUnrecognizedTaxBenefitsIncludingInterestAndPenalties
44300000
CY2014Q3 hlf Liability Award Expense Unrecognized
LiabilityAwardExpenseUnrecognized
800000
CY2014Q3 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingNumber
12822000 shares
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
91799867 shares
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 Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
81250000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2473701000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
5100000
CY2013Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
3000000
CY2013Q4 us-gaap Line Of Credit
LineOfCredit
931300000
CY2013Q4 us-gaap Liabilities
Liabilities
1922255000
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
111905000
CY2013Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
37226000
CY2013Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
931300000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2211000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
972974000
us-gaap Gross Profit
GrossProfit
2844813000
CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
5000000
CY2013Q4 us-gaap Goodwill
Goodwill
105490000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
318860000
CY2013Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
100326000
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
148774000
CY2013Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
3000000
CY2013Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
325300000
CY2013Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
4896000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
8000000
CY2013Q4 us-gaap Assets
Assets
2473701000
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
69845000
CY2013Q4 us-gaap Inventory Net
InventoryNet
351201000
CY2013Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
23100000
CY2013Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
26821000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
310801000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
63713000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
1643120000
CY2013Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2800000
CY2013Q4 hlf Accrued Royalty Overrides
AccruedRoyaltyOverrides
266952000
CY2013Q4 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingIntrinsicValue
552900000
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 Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsOutstandingNumber
12143000 shares
CY2014Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
266000000
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M6D
CY2014Q3 hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Sa Rs Exercisable Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndSARsExercisableWeightedAverageRemainingContractualTerm
P3Y8M12D
CY2014Q3 hlf Sharebased Compensation Arrangement By Sharebased Payment Award Options And Sa Rs Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndSARsOutstandingWeightedAverageRemainingContractualTerm1
P5Y2M12D
CY2013Q4 hlf Sharebased Compensation Arrangement By Sharebased Payment Award Options And Sa Rs Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndSARsOutstandingWeightedAverageRemainingContractualTerm1
P5Y3M18D
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.75
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.249 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4663000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
576984000
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 Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107759000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.92
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103096000 shares
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-585000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3069581000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-400000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-18725000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
133775000
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-3610000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4324000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-1624000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-2586000
us-gaap Sales Revenue Net
SalesRevenueNet
3556429000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15330000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
678000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
37311000
us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
486848000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
92651000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
800000
us-gaap Operating Income Loss
OperatingIncomeLoss
553418000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-15658000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
408309000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2906000
us-gaap Income Taxes Paid
IncomeTaxesPaid
163843000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
537760000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
275821000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
300733000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
91782000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1661000
us-gaap Net Income Loss
NetIncomeLoss
403985000
us-gaap Interest Paid
InterestPaid
18005000
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
7230000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7705000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21900000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7532000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1174574000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
7200000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1937000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
711616000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-2586000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-13313000
us-gaap Interest Expense Debt
InterestExpenseDebt
21100000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
559014000
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
27038000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
1490000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
63207000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
92416000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
121000
us-gaap Inventory Write Down
InventoryWriteDown
17536000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-91661000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
5595000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-4700000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8569000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
975000
us-gaap Share Based Compensation
ShareBasedCompensation
21882000
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
763232000
hlf Foreign Exchange Loss From Foreign Country Currency Devaluation
ForeignExchangeLossFromForeignCountryCurrencyDevaluation
15116000
hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
23800000
hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
2300000
hlf Royalty Overrides Increase Decrease
RoyaltyOverridesIncreaseDecrease
13959000
hlf Advisory Retainer Fees
AdvisoryRetainerFees
4500000
hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
300000
hlf Contributions Margin
ContributionsMargin
1728100000
hlf Royalty Overrides
RoyaltyOverrides
1116821000
hlf Increase Decrease In Accrued Expenses And Accrued Compensation
IncreaseDecreaseInAccruedExpensesAndAccruedCompensation
65868000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.34
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4865000 shares
dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
HERBALIFE LTD.
dei Trading Symbol
TradingSymbol
HLF
invest Investment Repurchase Agreement Date Of Agreement
InvestmentRepurchaseAgreementDateOfAgreement
2014-05-06
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2014-02-18
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.272 pure
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 September&#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
449497000
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
25.71
us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-03-18
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
us-gaap Loss Contingency Settlement Agreement Terms
LossContingencySettlementAgreementTerms
Under the terms of the settlement, the Company would (i) pay $15 million into a fund to be distributed to qualified claimants and (ii) accept up to a maximum amount of $2.5 million in product returns from qualified claimants. Any settlement would be subject to the preliminary and final approval of the court.
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 Segment
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
92619000 shares
dei Entity Central Index Key
EntityCentralIndexKey
0001180262
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
113400000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3500000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 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>
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
11818000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2401000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3514415000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87754000 shares
us-gaap Gross Profit
GrossProfit
3061686000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-4032000
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
123825000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-42200000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-38991000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
5388000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
4176000
us-gaap Sales Revenue Net
SalesRevenueNet
3825013000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
59211000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8794000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
58724000
us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
310598000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30400000
us-gaap Operating Income Loss
OperatingIncomeLoss
351533000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-56231000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
166417000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-39717000
us-gaap Income Taxes Paid
IncomeTaxesPaid
152698000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
282310000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1278420000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
56250000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
28927000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
139970000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3060000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-95000
us-gaap Net Income Loss
NetIncomeLoss
205408000
us-gaap Interest Paid
InterestPaid
31512000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
34431000
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
4176000
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
821000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10939000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34400000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
27514000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-59022000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-234743000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
12992000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1573701000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
8700000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
31179000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
763327000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
4176000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-11665000
us-gaap Interest Expense Debt
InterestExpenseDebt
66000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-51000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1278420000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-294840000
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
27446000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76902000
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
720000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
186000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
69191000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-357829000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23000
us-gaap Inventory Write Down
InventoryWriteDown
17729000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-151765000
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
13000000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
4579000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1150000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3200000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
15407000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
3400000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2401000
us-gaap Share Based Compensation
ShareBasedCompensation
34431000
hlf Foreign Exchange Loss From Foreign Country Currency Devaluation
ForeignExchangeLossFromForeignCountryCurrencyDevaluation
200294000
hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
18300000
hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
-1800000
hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsForfeituresInPeriodWeightedAverageExercisePrice
58.55
hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsGrantsInPeriod
1610000 shares
hlf Adjustments To Additional Paid In Capital Due To Issuance Of Senior Convertible Notes
AdjustmentsToAdditionalPaidInCapitalDueToIssuanceOfSeniorConvertibleNotes
249797000
hlf Royalty Overrides Increase Decrease
RoyaltyOverridesIncreaseDecrease
4385000
hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsForfeituresInPeriod
99000 shares
hlf Agreement Expiration Date
AgreementExpirationDate
2014-06-30
hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
59.56
hlf Advisory Retainer Fees
AdvisoryRetainerFees
3900000
hlf Number Of Members
NumberOfMembers
3900000 Members
hlf Deductible For Product Liability Insurance
DeductibleForProductLiabilityInsurance
10000000
hlf Proceeds From Dividends Received Related To Forward Transactions
ProceedsFromDividendsReceivedRelatedToForwardTransactions
3416000
hlf Noncash Forward Transaction Issuance Costs
NoncashForwardTransactionIssuanceCosts
35800000
hlf Dividends Paid And Received Net
DividendsPaidAndReceivedNet
26984000
hlf Share Based Compensation Arrangement By Share Based Payments Award Options And Appreciation Rights Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsAndAppreciationRightsExercisesInPeriodWeightedAverageExercisePrice
21.05
hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
37400000
hlf Stock Repurchase Program Expiry Date
StockRepurchaseProgramExpiryDate
2017-06-30
hlf Contributions Margin
ContributionsMargin
1925200000
hlf Noncash Interest Expense
NoncashInterestExpense
4200000
hlf Royalty Overrides
RoyaltyOverrides
1136452000
hlf Share Based Compensation Arrangement By Share Based Payment Award Options And Appreciation Rights Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndAppreciationRightsExercisesInPeriod
832000 shares
hlf Increase Decrease In Accrued Expenses And Accrued Compensation
IncreaseDecreaseInAccruedExpensesAndAccruedCompensation
11822000
CY2014Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4300000 shares
CY2014Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0
CY2014Q2 hlf Proceeds From Dividends Received Related To Forward Transactions
ProceedsFromDividendsReceivedRelatedToForwardTransactions
0
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
CY2013Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.243 pure
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5577000 shares
CY2013Q3 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
0.00
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107777000 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
900000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102200000 shares
CY2013Q3 us-gaap Gross Profit
GrossProfit
975128000
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1062962000
CY2013Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
15500000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
16912000
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1213543000
CY2013Q3 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
150581000
CY2013Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
30800000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
100000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
192140000
CY2013Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4726000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
158862000
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
15025000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
187414000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
141950000
CY2013Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
1887000
CY2013Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6600000
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
409747000
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
400000
CY2013Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
238415000
CY2013Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
6700000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
45464000
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-1799000
CY2013Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-214000
CY2013Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1400000
CY2013Q3 hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
6300000
CY2013Q3 hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
1000000
CY2013Q3 hlf Advisory Retainer Fees
AdvisoryRetainerFees
1500000
CY2013Q3 hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
100000
CY2013Q3 hlf Contributions Margin
ContributionsMargin
601900000
CY2013Q3 hlf Royalty Overrides
RoyaltyOverrides
373241000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2014Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
6.479 pure
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4274000 shares
CY2014Q3 hlf Liability Award Expense Recognized
LiabilityAwardExpenseRecognized
-1600000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
11248000
CY2014Q3 hlf Advisory Retainer Fees
AdvisoryRetainerFees
1300000
CY2014Q3 hlf Proceeds From Dividends Received Related To Forward Transactions
ProceedsFromDividendsReceivedRelatedToForwardTransactions
0
CY2014Q3 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
20.88
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86201000 shares
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3600000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81927000 shares
CY2014Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
4200000
CY2014Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
48000000
CY2014Q3 us-gaap Gross Profit
GrossProfit
1001223000
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1156943000
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-38800000
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-36128000
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1256164000
CY2014Q3 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
99221000
CY2014Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
27642000
CY2014Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-19864000
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24880000
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-39899000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2053000
CY2014Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-225000
CY2014Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
3996000
CY2014Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000
CY2014Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9831000
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
609722000
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
200000
CY2014Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
254941000
CY2014Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
24000000
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-121000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-13301000
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-822000
CY2014Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
500000
CY2014Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
9800000
CY2014Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2700000
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesTax
2400000
CY2014Q3 hlf Professional Fees And Other Expenses
ProfessionalFeesAndOtherExpenses
6000000
CY2014Q3 hlf Intrinsic Value Of Awards Exercised For Options And Sars
IntrinsicValueOfAwardsExercisedForOptionsAndSars
2400000
CY2014Q3 hlf Contributions Margin
ContributionsMargin
637300000
CY2014Q3 hlf Noncash Interest Expense
NoncashInterestExpense
1600000
CY2014Q3 hlf Royalty Overrides
RoyaltyOverrides
363859000

Files In Submission

Name View Source Status
0001193125-14-394184-index-headers.html Edgar Link pending
0001193125-14-394184-index.html Edgar Link pending
0001193125-14-394184.txt Edgar Link pending
0001193125-14-394184-xbrl.zip Edgar Link pending
d791825d10q.htm Edgar Link pending
d791825dex311.htm Edgar Link pending
d791825dex312.htm Edgar Link pending
d791825dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hlf-20140930.xml Edgar Link completed
hlf-20140930.xsd Edgar Link pending
hlf-20140930_cal.xml Edgar Link unprocessable
hlf-20140930_def.xml Edgar Link unprocessable
hlf-20140930_lab.xml Edgar Link unprocessable
hlf-20140930_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