$HLF
HERBALIFE LTD.

2017 Q3 Form 10-Q Financial Statement

#000156459017021220 Filed on November 02, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q4 2016 Q3
Revenue $1.085B $1.045B $1.122B
YoY Change -3.26% -4.86% 1.73%
Cost Of Revenue $215.4M $196.1M $209.1M
YoY Change 3.01% -4.06% 1.06%
Gross Profit $870.0M $848.9M $912.9M
YoY Change -4.7% -5.04% 1.89%
Gross Profit Margin 80.15% 81.23% 81.36%
Selling, General & Admin $445.2M $718.8M $441.3M
YoY Change 0.88% -4.72% -39.46%
% of Gross Profit 51.17% 84.67% 48.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.20M $25.70M $24.70M
YoY Change 2.02% 1.18% 0.41%
% of Gross Profit 2.9% 3.03% 2.71%
Operating Expenses $445.2M $684.1M $441.3M
YoY Change 0.88% -9.32% -39.46%
Operating Profit $119.3M $164.8M $151.5M
YoY Change -21.25% 18.05% -9.34%
Interest Expense -$38.40M -$29.90M -$22.10M
YoY Change 73.76% 32.3% -1800.0%
% of Operating Profit -32.19% -18.14% -14.59%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change
Pretax Income $80.90M $134.9M $129.4M
YoY Change -37.48% 15.3% -5.89%
Income Tax $26.40M $35.50M $41.70M
% Of Pretax Income 32.63% 26.32% 32.23%
Net Earnings $54.50M $99.40M $87.70M
YoY Change -37.86% 17.63% -6.3%
Net Earnings / Revenue 5.02% 9.51% 7.82%
Basic Earnings Per Share $0.34 $1.19 $1.06
Diluted Earnings Per Share $0.33 $1.16 $1.01
COMMON SHARES
Basic Shares Outstanding 159.1M 93.05M 83.10M
Diluted Shares Outstanding 165.9M 86.40M

Balance Sheet

Concept 2017 Q3 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.636B $844.0M $788.3M
YoY Change 107.57% -5.15% -3.06%
Cash & Equivalents $1.653B $856.9M $788.3M
Short-Term Investments
Other Short-Term Assets $188.4M $176.9M $311.5M
YoY Change -39.52% -35.58% 13.94%
Inventory $354.2M $371.3M $371.7M
Prepaid Expenses
Receivables $95.20M $70.30M $87.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.274B $1.463B $1.559B
YoY Change 45.83% -6.63% 4.51%
LONG-TERM ASSETS
Property, Plant & Equipment $375.1M $378.0M $376.2M
YoY Change -0.29% 11.44% 12.03%
Goodwill $89.90M
YoY Change -2.07%
Intangibles $310.1M
YoY Change -0.03%
Long-Term Investments
YoY Change
Other Assets $367.4M $324.9M $192.4M
YoY Change 90.96% 130.26% 0.52%
Total Long-Term Assets $1.148B $1.103B $973.2M
YoY Change 18.0% 20.99% 4.71%
TOTAL ASSETS
Total Short-Term Assets $2.274B $1.463B $1.559B
Total Long-Term Assets $1.148B $1.103B $973.2M
Total Assets $3.423B $2.565B $2.533B
YoY Change 35.14% 3.53% 4.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.60M $66.00M $86.40M
YoY Change -29.86% -7.17% 6.14%
Accrued Expenses $243.1M $236.9M $363.9M
YoY Change -33.2% 3.59% 6.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $104.1M $9.500M $425.3M
YoY Change -75.52% -95.86% 66.98%
Total Short-Term Liabilities $858.8M $791.5M $1.263B
YoY Change -32.02% -22.74% 22.59%
LONG-TERM LIABILITIES
Long-Term Debt $2.177B $1.438B $1.018B
YoY Change 113.9% 3.3% -27.25%
Other Long-Term Liabilities $168.1M $139.2M $125.4M
YoY Change 34.05% 97.45% 8.48%
Total Long-Term Liabilities $2.345B $1.578B $1.143B
YoY Change 105.14% 7.83% -24.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $858.8M $791.5M $1.263B
Total Long-Term Liabilities $2.345B $1.578B $1.143B
Total Liabilities $3.204B $2.369B $2.409B
YoY Change 32.99% -6.41% -5.61%
SHAREHOLDERS EQUITY
Retained Earnings $240.7M -$66.30M
YoY Change -79.68%
Common Stock $452.1M $467.7M
YoY Change 6.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $299.2M
YoY Change
Treasury Stock Shares
Shareholders Equity $219.0M $196.3M $123.7M
YoY Change
Total Liabilities & Shareholders Equity $3.423B $2.565B $2.533B
YoY Change 35.14% 3.53% 4.59%

Cashflow Statement

Concept 2017 Q3 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income $54.50M $99.40M $87.70M
YoY Change -37.86% 17.63% -6.3%
Depreciation, Depletion And Amortization $25.20M $25.70M $24.70M
YoY Change 2.02% 1.18% 0.41%
Cash From Operating Activities $127.3M $117.4M -$118.1M
YoY Change -207.79% -13.36% -187.81%
INVESTING ACTIVITIES
Capital Expenditures -$22.00M -$31.50M -$25.00M
YoY Change -12.0% 46.51% 42.05%
Acquisitions
YoY Change
Other Investing Activities -$1.200M -$2.300M -$100.0K
YoY Change 1100.0% 283.33% -116.67%
Cash From Investing Activities -$23.20M -$33.80M -$25.10M
YoY Change -7.57% 52.94% 47.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -98.90M -11.00M -7.800M
YoY Change 1167.95% -65.73% -81.07%
NET CHANGE
Cash From Operating Activities 127.3M 117.4M -118.1M
Cash From Investing Activities -23.20M -33.80M -25.10M
Cash From Financing Activities -98.90M -11.00M -7.800M
Net Change In Cash 5.200M 72.60M -151.0M
YoY Change -103.44% -10.7% -297.9%
FREE CASH FLOW
Cash From Operating Activities $127.3M $117.4M -$118.1M
Capital Expenditures -$22.00M -$31.50M -$25.00M
Free Cash Flow $149.3M $148.9M -$93.10M
YoY Change -260.37% -5.16% -161.21%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
454800000
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
219000000
CY2017Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
427400000
CY2017Q3 hlf Accrued Royalty Overrides
AccruedRoyaltyOverrides
266700000
CY2016Q4 us-gaap Assets
Assets
2565400000
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
66000000
CY2016Q4 hlf Accrued Royalty Overrides
AccruedRoyaltyOverrides
261200000
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
60600000
CY2017Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
104100000
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
9500000
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83000000
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4800000
hlf Other Comprehensive Income Loss Other Tax
OtherComprehensiveIncomeLossOtherTax
100000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
73800000
us-gaap Share Based Compensation
ShareBasedCompensation
32600000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
44800000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4100000
us-gaap Inventory Write Down
InventoryWriteDown
17700000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4000000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1400000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1100000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
22500000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-29200000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3600000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8200000
hlf Royalty Overrides Increase Decrease
RoyaltyOverridesIncreaseDecrease
-6700000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-45000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-16200000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
404400000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
67900000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2800000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-70700000
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1274000000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
468200000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
233000000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
22600000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1600000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
438600000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
20000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
792300000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
889800000
us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. Organization</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Herbalife Ltd., a Cayman Islands exempt limited liability company, was incorporated on April&#160;4, 2002. Herbalife Ltd. (and together with its subsidiaries, the &#8220;Company&#8221; or &#8220;Herbalife&#8221;) is a global nutrition company that sells weight management, targeted nutrition, energy, sports&#160;&amp; fitness, and outer nutrition products to and through a network of independent members, or Members. In China, the Company sells its products to and through independent service providers, sales representatives, and sales officers to customers and preferred customers, as well as through Company-operated retail stores when necessary. 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>
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
168100000
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
89300000
CY2017Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
4600000
CY2017Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1029700000
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1063200000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3162800000
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3422500000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-70100000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
361500000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26400000
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41700000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
229800000
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-174600000
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
240700000
CY2017Q3 us-gaap Liabilities
Liabilities
3203500000
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
299200000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
858800000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2565400000
CY2016Q4 us-gaap Liabilities
Liabilities
2369100000
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
100000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
791500000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
467600000
CY2017Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2176600000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
100000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-205100000
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1438400000
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
139200000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-66300000
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
93100000
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
452000000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
196300000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
638800000
CY2017Q3 us-gaap Gross Profit
GrossProfit
870000000
CY2016Q3 us-gaap Gross Profit
GrossProfit
912900000
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
215400000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
80900000
CY2017Q3 hlf Royalty Overrides
RoyaltyOverrides
310100000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83000000
CY2017Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
2500000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3253100000
CY2017Q3 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
55700000
CY2016Q3 us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
58800000
us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
171600000
us-gaap Shipping And Handling Revenue
ShippingAndHandlingRevenue
190300000
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1085400000
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1122000000
us-gaap Sales Revenue Net
SalesRevenueNet
3334400000
us-gaap Sales Revenue Net
SalesRevenueNet
3443400000
CY2016Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
209100000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
658500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84200000
us-gaap Gross Profit
GrossProfit
2695600000
us-gaap Gross Profit
GrossProfit
2784900000
us-gaap Net Income Loss
NetIncomeLoss
277300000
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
445200000
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
441300000
CY2016Q3 hlf Royalty Overrides
RoyaltyOverrides
320300000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1327000000
hlf Royalty Overrides
RoyaltyOverrides
944100000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
87700000
hlf Royalty Overrides
RoyaltyOverrides
968900000
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.41
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1545200000
CY2017Q3 us-gaap Other Operating Income
OtherOperatingIncome
4600000
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2016Q3 us-gaap Other Operating Income
OtherOperatingIncome
200000
us-gaap Other Operating Income
OtherOperatingIncome
43500000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.26
us-gaap Other Operating Income
OtherOperatingIncome
29100000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
119300000
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83100000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
151500000
us-gaap Operating Income Loss
OperatingIncomeLoss
468000000
us-gaap Operating Income Loss
OperatingIncomeLoss
299900000
CY2017Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-38400000
CY2016Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-22100000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-106500000
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
129400000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69200000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
54500000
us-gaap Net Income Loss
NetIncomeLoss
160600000
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.94
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79600000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81400000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86100000
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86400000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
41000000
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
11300000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-38400000
hlf Other Comprehensive Income Loss Other Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossOtherNetOfTaxPortionAttributableToParent
-100000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13800000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
30500000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
68300000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
72600000
us-gaap Share Based Compensation
ShareBasedCompensation
30300000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
42000000
us-gaap Inventory Write Down
InventoryWriteDown
16700000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
3800000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
14600000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
56700000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14900000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
17500000
hlf Royalty Overrides Increase Decrease
RoyaltyOverridesIncreaseDecrease
14100000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
24300000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1600000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
249900000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
111900000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4400000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-107500000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-241300000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2600000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-101500000
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
788300000
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2600000
CY2016Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-2200000
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3900000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
346200000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12500000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
4200000
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
49300000
CY2017Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
5000000
CY2017Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
307400000
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
318100000
CY2017Q3 us-gaap Convertible Debt
ConvertibleDebt
1058400000
CY2016Q4 us-gaap Convertible Debt
ConvertibleDebt
1024800000
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
2280700000
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
1447900000
CY2015Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
6200000
CY2017Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
43000000
CY2016Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
24000000
us-gaap Interest Expense Debt
InterestExpenseDebt
117400000
CY2017Q3 hlf Contributions Margin
ContributionsMargin
559900000
CY2016Q3 hlf Contributions Margin
ContributionsMargin
592600000
CY2017Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1500000000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="text-align:justify;Background-color:#FFFFFF;margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Certain reclassifications were made to the prior period condensed consolidated balance sheets, the condensed consolidated statements of comprehensive income and the condensed consolidated statements of cash flows to conform to the current period presentation. <font style="color:#000000;">See Note 13, </font><font style="font-style:italic;color:#000000;">Detail of Certain Balance Sheet Accounts</font><font style="color:#000000;">, for further information on certain balance sheet items that are combined for financial statement presentation.</font></p></div>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6
CY2017Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
41800000
CY2017Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
9700000
CY2016Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
13100000
us-gaap Interest Expense Debt
InterestExpenseDebt
74600000
CY2017Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
37900000
CY2017Q3 hlf Surety Bond Through Insurance Company To Guarantee Payment Of Tax Assessment
SuretyBondThroughInsuranceCompanyToGuaranteePaymentOfTaxAssessment
17900000
hlf Deductible For Product Liability Insurance
DeductibleForProductLiabilityInsurance
15000000
CY2017Q3 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
94
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
hlf Contributions Margin
ContributionsMargin
1751500000
hlf Contributions Margin
ContributionsMargin
1816000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1900000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2000000
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-5400000
CY2016Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
232900000
CY2016 us-gaap Stock Repurchase Program Expiration Date
StockRepurchaseProgramExpirationDate
2017-06-30
us-gaap Stock Repurchase Program Expiration Date
StockRepurchaseProgramExpirationDate
2020-02-21
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
299200000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
47000000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12500000
hlf Repurchase Of Common Stock
RepurchaseOfCommonStock
346200000
hlf Repurchase Of Common Stock
RepurchaseOfCommonStock
12500000
CY2017Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
11100000
CY2016Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-1800000
CY2017Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-2700000
CY2016Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
3000000
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-1800000
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
5800000
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
30200000
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
5000000
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-300000
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
12800000
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
3500000
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
7300000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-300000
hlf Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Other Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForOtherTax
100000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3600000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3100000
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3900000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4800000
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1900000
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7400000
CY2017Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1600000
CY2016Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
3000000
CY2017Q3 us-gaap Derivative Assets
DerivativeAssets
300000
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
4400000
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
6600000
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3500000
CY2017Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1600000
CY2016Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
3000000
CY2017Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
5000000
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
500000
CY2017Q3 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
32700000
CY2016Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
30600000
CY2017Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
190300000
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
155200000
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
110100000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
125800000
CY2016Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
42000000
CY2017Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
243100000
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
236900000
CY2017Q3 us-gaap Customer Advances Current
CustomerAdvancesCurrent
68200000
CY2016Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
50100000
CY2017Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
6000000
CY2017Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
15400000
CY2017Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
55900000
CY2016Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
50000000
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
15300000

Files In Submission

Name View Source Status
0001564590-17-021220-index-headers.html Edgar Link pending
0001564590-17-021220-index.html Edgar Link pending
0001564590-17-021220.txt Edgar Link pending
0001564590-17-021220-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hlf-10q_20170930.htm Edgar Link pending
hlf-20170930.xml Edgar Link completed
hlf-20170930.xsd Edgar Link pending
hlf-20170930_cal.xml Edgar Link unprocessable
hlf-20170930_def.xml Edgar Link unprocessable
hlf-20170930_lab.xml Edgar Link unprocessable
hlf-20170930_pre.xml Edgar Link unprocessable
hlf-ex311_11.htm Edgar Link pending
hlf-ex312_8.htm Edgar Link pending
hlf-ex321_13.htm Edgar Link pending
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