2021 Q1 Form 10-Q Financial Statement

#000009484521000016 Filed on April 08, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q4 2020 Q1
Revenue $1.306B $1.386B $1.506B
YoY Change -13.31% -11.65% 5.0%
Cost Of Revenue $545.6M $619.3M $666.8M
YoY Change -18.18% -13.65% 2.32%
Gross Profit $760.0M $766.5M $839.3M
YoY Change -9.45% -9.97% 7.22%
Gross Profit Margin 58.21% 55.31% 55.73%
Selling, General & Admin $582.9M $650.3M $660.5M
YoY Change -11.75% -9.65% 13.52%
% of Gross Profit 76.7% 84.84% 78.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $35.47M $36.80M $35.97M
YoY Change -1.4% 9.52% 25.96%
% of Gross Profit 4.67% 4.8% 4.29%
Operating Expenses $582.9M $650.3M $660.5M
YoY Change -11.75% -9.65% 13.52%
Operating Profit $177.1M $116.2M $178.8M
YoY Change -0.93% -11.73% -11.01%
Interest Expense $23.31M -$25.90M $16.65M
YoY Change 39.97% -241.64% -5.07%
% of Operating Profit 13.16% -22.29% 9.32%
Other Income/Expense, Net $858.0K $600.0K $2.700M
YoY Change -68.22% -87.67% -264.03%
Pretax Income $154.7M $52.00M $164.8M
YoY Change -6.16% -56.02% -9.3%
Income Tax $12.17M -$4.700M $12.14M
% Of Pretax Income 7.87% -9.04% 7.36%
Net Earnings $142.5M $56.70M $152.7M
YoY Change -6.67% -40.5% 4.17%
Net Earnings / Revenue 10.91% 4.09% 10.14%
Basic Earnings Per Share $0.36 $0.39
Diluted Earnings Per Share $0.35 $142.4K $0.37
COMMON SHARES
Basic Shares Outstanding 399.5M shares 396.2M shares
Diluted Shares Outstanding 411.9M shares 410.1M shares

Balance Sheet

Concept 2021 Q1 2020 Q4 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.068B $1.594B $957.5M
YoY Change 115.97% 57.01% 32.62%
Cash & Equivalents $1.974B $1.497B $873.6M
Short-Term Investments $94.30M $96.50M $84.00M
Other Short-Term Assets $192.1M $174.6M $222.8M
YoY Change -13.78% -7.23% 25.52%
Inventory $835.4M $817.7M $854.7M
Prepaid Expenses
Receivables $600.3M $540.2M $710.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.696B $3.126B $2.745B
YoY Change 34.63% 8.92% 12.16%
LONG-TERM ASSETS
Property, Plant & Equipment $440.9M $454.5M $460.7M
YoY Change -4.3% -14.17% -0.68%
Goodwill $267.1M $264.8M $259.5M
YoY Change 2.9% 12.29% 9.91%
Intangibles $47.27M $47.43M $50.76M
YoY Change -6.87% 10.86% 18.54%
Long-Term Investments
YoY Change
Other Assets $262.1M $261.9M $156.4M
YoY Change 67.58% 79.15% 30.04%
Total Long-Term Assets $2.541B $2.515B $2.370B
YoY Change 7.19% 84.62% 87.96%
TOTAL ASSETS
Total Short-Term Assets $3.696B $3.126B $2.745B
Total Long-Term Assets $2.541B $2.515B $2.370B
Total Assets $6.236B $5.641B $5.115B
YoY Change 21.91% 33.29% 37.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $420.6M $375.5M $304.2M
YoY Change 38.27% 4.2% -7.79%
Accrued Expenses $1.014B $1.079B $935.0M
YoY Change 8.43% 39.2% 14.53%
Deferred Revenue
YoY Change
Short-Term Debt $8.059M $17.63M $19.34M
YoY Change -58.33% 131.35% -17.62%
Long-Term Debt Due $789.3M $0.00
YoY Change
Total Short-Term Liabilities $2.324B $1.549B $1.292B
YoY Change 79.92% 32.7% 7.23%
LONG-TERM LIABILITIES
Long-Term Debt $1.263B $1.547B $994.4M
YoY Change 26.98% 53.63% -2.29%
Other Long-Term Liabilities $61.41M $64.27M $36.52M
YoY Change 68.16% -55.6% -68.61%
Total Long-Term Liabilities $61.41M $1.611B $36.52M
YoY Change 68.16% 39.9% -68.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.324B $1.549B $1.292B
Total Long-Term Liabilities $61.41M $1.611B $36.52M
Total Liabilities $4.829B $4.342B $3.520B
YoY Change 37.18% 63.17% 30.42%
SHAREHOLDERS EQUITY
Retained Earnings $1.241B $1.114B $1.445B
YoY Change -14.14% -14.97% 32.02%
Common Stock $609.5M $626.6M $602.4M
YoY Change 1.18% -4.77% 160106.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.407B $1.299B $1.595B
YoY Change
Total Liabilities & Shareholders Equity $6.236B $5.641B $5.115B
YoY Change 21.91% 33.29% 37.94%

Cashflow Statement

Concept 2021 Q1 2020 Q4 2020 Q1
OPERATING ACTIVITIES
Net Income $142.5M $56.70M $152.7M
YoY Change -6.67% -40.5% 4.17%
Depreciation, Depletion And Amortization $35.47M $36.80M $35.97M
YoY Change -1.4% 9.52% 25.96%
Cash From Operating Activities $69.48M $228.7M $197.9M
YoY Change -64.89% 10.64% 254.49%
INVESTING ACTIVITIES
Capital Expenditures $36.99M -$40.90M $44.42M
YoY Change -16.74% -13.71% 22.89%
Acquisitions
YoY Change
Other Investing Activities $2.100M -$30.00M -$74.90M
YoY Change -102.8% -1404.35% -174.99%
Cash From Investing Activities -$34.89M -$70.90M -$119.3M
YoY Change -70.75% 57.91% 48.71%
FINANCING ACTIVITIES
Cash Dividend Paid $16.00M $55.00M
YoY Change -70.91% 0.0%
Common Stock Issuance & Retirement, Net -$1.929M $28.04M
YoY Change -106.88% 808.16%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $439.7M -16.50M -$138.0M
YoY Change -418.55% -82.03% 103.73%
NET CHANGE
Cash From Operating Activities $69.48M 228.7M $197.9M
Cash From Investing Activities -$34.89M -70.90M -$119.3M
Cash From Financing Activities $439.7M -16.50M -$138.0M
Net Change In Cash $476.4M 141.3M -$60.69M
YoY Change -885.07% 101.86% -33.44%
FREE CASH FLOW
Cash From Operating Activities $69.48M $228.7M $197.9M
Capital Expenditures $36.99M -$40.90M $44.42M
Free Cash Flow $32.49M $269.6M $153.5M
YoY Change -78.83% 6.1% 680.05%

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CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35469000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35974000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6716000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17535000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-18786000 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-15818000 USD
CY2021Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
6725000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
56674000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-67767000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
13901000 USD
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-41247000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
45038000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-59757000 USD
CY2021Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-13885000 USD
CY2020Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-40527000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
36137000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
28083000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-27589000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
21586000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69480000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
197883000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36986000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44424000 USD
CY2021Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2020Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
52201000 USD
CY2021Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-78000 USD
CY2020Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
19326000 USD
CY2021Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
30915000 USD
CY2020Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
30121000 USD
CY2021Q1 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
32930000 USD
CY2020Q1 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
26791000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
30074000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-34893000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-119281000 USD
CY2021Q1 lvis Proceeds From Long Term Debt Issuance
ProceedsFromLongTermDebtIssuance
500000000 USD
CY2020Q1 lvis Proceeds From Long Term Debt Issuance
ProceedsFromLongTermDebtIssuance
0 USD
CY2021Q1 lvis Proceedsfrom Repaymentsofof Other Shortterm Debt
ProceedsfromRepaymentsofofOtherShorttermDebt
-9622000 USD
CY2020Q1 lvis Proceedsfrom Repaymentsofof Other Shortterm Debt
ProceedsfromRepaymentsofofOtherShorttermDebt
12021000 USD
CY2021Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10114000 USD
CY2020Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1929000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2030000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
25818000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
75242000 USD
CY2021Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2020Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
14825000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
15992000 USD
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
31930000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-715000 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
439668000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-138020000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2191000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1270000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
476446000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-60688000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1497648000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
934753000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1974094000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
874065000 USD
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
492000 USD
CY2020Q1 us-gaap Restricted Cash
RestrictedCash
501000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1973602000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
873564000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
19201000 USD
CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12089000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
0 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-17338000 USD
CY2021Q1 lvis Noncash Repurchase Of Common Stock
NoncashRepurchaseOfCommonStock
0 USD
CY2020Q1 lvis Noncash Repurchase Of Common Stock
NoncashRepurchaseOfCommonStock
6997000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
846000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
818000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9991000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19636000 USD
CY2021Q1 lvis Number Of Geographical Regions In Which Entity Operates
NumberOfGeographicalRegionsInWhichEntityOperates
3 region
CY2021Q1 us-gaap Fiscal Period
FiscalPeriod
The Company’s fiscal year ends on the last Sunday of November in each year, although the fiscal years of certain foreign subsidiaries end on November 30. Each quarter of both fiscal years 2021 and 2020 consists of 13 weeks, with the exception of the fourth quarter of 2020, which consisted of 14 weeks. All references to years and quarters relate to fiscal years and quarters rather than calendar years and quarters.
CY2020Q2 lvis Charges Incurred By Covid
ChargesIncurredByCOVID
242000000.0 USD
CY2020Q2 us-gaap Restructuring Charges
RestructuringCharges
67400000 USD
CY2020Q2 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
86600000 USD
CY2020Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
88000000.0 USD
CY2020 lvis Charges Incurred By Covid
ChargesIncurredByCOVID
250000000.0 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
90400000 USD
CY2020 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
68500000 USD
CY2020 us-gaap Other Restructuring Costs
OtherRestructuringCosts
91100000 USD
CY2021Q1 lvis Purchase Commitment Write Down
PurchaseCommitmentWriteDown
6500000 USD
CY2021Q1 lvis Adverse Purchase Commitment
AdversePurchaseCommitment
16600000 USD
CY2020Q4 lvis Adverse Purchase Commitment
AdversePurchaseCommitment
25500000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
13900000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
14700000 USD
CY2021Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
3100000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1100000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1100000000 USD
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the related notes to the consolidated financial statements. Estimates are based upon historical factors, current circumstances and the experience and judgment of the Company’s management. Management evaluates its estimates and assumptions on an ongoing basis and may employ outside experts to assist in its evaluations. Changes in such estimates, based on more accurate future information, or different assumptions or conditions, may affect amounts reported in future periods.
CY2019Q4 lvis Number Of Stores Acquired
NumberOfStoresAcquired
78 numberOfStores
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0 USD
CY2021Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1900000 shares
CY2021Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
37000000.0 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4541000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3882000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4117000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4725000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
826699000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
809085000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
835357000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
817692000 USD
CY2021Q1 lvis Gain Loss On Derivative And Hedging Instruments Recognized In Accumulated Other Comprehensive Income Net Cumulative Income Taxes
GainLossOnDerivativeAndHedgingInstrumentsRecognizedInAccumulatedOtherComprehensiveIncomeNetCumulativeIncomeTaxes
34243000 USD
CY2020Q4 lvis Gain Loss On Derivative And Hedging Instruments Recognized In Accumulated Other Comprehensive Income Net Cumulative Income Taxes
GainLossOnDerivativeAndHedgingInstrumentsRecognizedInAccumulatedOtherComprehensiveIncomeNetCumulativeIncomeTaxes
31350000 USD
CY2021Q1 lvis Gain Losson Derivativeand Hedging Instruments Reclassifiedfrom Accumulated Oc Iinto Income Net Cumulative Income Taxes
GainLossonDerivativeandHedgingInstrumentsReclassifiedfromAccumulatedOCIintoIncomeNetCumulativeIncomeTaxes
0 USD
CY2020Q1 lvis Gain Losson Derivativeand Hedging Instruments Reclassifiedfrom Accumulated Oc Iinto Income Net Cumulative Income Taxes
GainLossonDerivativeandHedgingInstrumentsReclassifiedfromAccumulatedOCIintoIncomeNetCumulativeIncomeTaxes
0 USD
CY2021Q1 lvis Gain Loss On Derivative And Non Derivative Hedging Instruments Recognized In Accumulated Other Comprehensive Income Net Net Of Taxes
GainLossOnDerivativeAndNonDerivativeHedgingInstrumentsRecognizedInAccumulatedOtherComprehensiveIncomeNetNetOfTaxes
-88877000 USD
CY2020Q4 lvis Gain Loss On Derivative And Non Derivative Hedging Instruments Recognized In Accumulated Other Comprehensive Income Net Net Of Taxes
GainLossOnDerivativeAndNonDerivativeHedgingInstrumentsRecognizedInAccumulatedOtherComprehensiveIncomeNetNetOfTaxes
-74456000 USD
CY2021Q1 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-19300000 USD
CY2021Q1 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
62747000 USD
CY2020Q4 us-gaap Accrued Advertising Current And Noncurrent
AccruedAdvertisingCurrentAndNoncurrent
80272000 USD
CY2021Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
26367000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8235000 USD
CY2021Q1 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
23956000 USD
CY2020Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
22045000 USD
CY2021Q1 lvis Fabric Liabilities
FabricLiabilities
16580000 USD
CY2020Q4 lvis Fabric Liabilities
FabricLiabilities
25493000 USD
CY2021Q1 us-gaap Fair Value Hedge Liabilities At Fair Value
FairValueHedgeLiabilitiesAtFairValue
17466000 USD
CY2020Q4 us-gaap Fair Value Hedge Liabilities At Fair Value
FairValueHedgeLiabilitiesAtFairValue
10390000 USD
CY2021Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
32129000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
34555000 USD
CY2021Q1 lvis Other Accrued Liabilities Other
OtherAccruedLiabilitiesOther
238076000 USD
CY2020Q4 lvis Other Accrued Liabilities Other
OtherAccruedLiabilitiesOther
296011000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
417321000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
477001000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
1262704000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1546700000 USD
CY2021Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
8059000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
17631000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
789283000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2021Q1 lvis Short Term Borrowings And Current Maturities On Long Term Debt
ShortTermBorrowingsAndCurrentMaturitiesOnLongTermDebt
797342000 USD
CY2020Q4 lvis Short Term Borrowings And Current Maturities On Long Term Debt
ShortTermBorrowingsAndCurrentMaturitiesOnLongTermDebt
17631000 USD
CY2021Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2060046000 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1564331000 USD
CY2021Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0455
CY2020Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0488
CY2021Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-284000 USD
CY2020Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2213000 USD
CY2021Q1 us-gaap Restructuring Charges
RestructuringCharges
-800000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
61021000 USD
CY2021Q1 us-gaap Restructuring Charges
RestructuringCharges
-777000 USD
CY2021Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
12142000 USD
CY2021Q1 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
338000 USD
CY2021Q1 us-gaap Restructuring Reserve
RestructuringReserve
48440000 USD
CY2021Q1 lvis Adverse Purchase Commitment
AdversePurchaseCommitment
16600000 USD
CY2021Q1 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.04
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
16000000.0 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
219864000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
222345000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
265433000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-88877000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-74456000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-20823000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-149333000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-158641000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-174810000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
14798000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
13996000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
8332000 USD
CY2021Q1 lvis Accumulated Other Comprehensive Income Loss Net Of Tax Attributable To Parent
AccumulatedOtherComprehensiveIncomeLossNetOfTaxAttributableToParent
-443276000 USD
CY2020Q4 lvis Accumulated Other Comprehensive Income Loss Net Of Tax Attributable To Parent
AccumulatedOtherComprehensiveIncomeLossNetOfTaxAttributableToParent
-441446000 USD
CY2020Q1 lvis Accumulated Other Comprehensive Income Loss Net Of Tax Attributable To Parent
AccumulatedOtherComprehensiveIncomeLossNetOfTaxAttributableToParent
-452734000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1305602000 USD
CY2021Q1 lvis Covid19 Percent Of Retail Stores Remaining Closed
COVID19PercentOfRetailStoresRemainingClosed
0.15
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1506126000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
858000 USD
CY2021Q1 lvis Foreign Exchange Management Gains Losses
ForeignExchangeManagementGainsLosses
367000 USD
CY2020Q1 lvis Foreign Exchange Management Gains Losses
ForeignExchangeManagementGainsLosses
-1721000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3235000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
694000 USD
CY2021Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
708000 USD
CY2020Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
4211000 USD
CY2021Q1 lvis Investment Income Expense
InvestmentIncomeExpense
1964000 USD
CY2020Q1 lvis Investment Income Expense
InvestmentIncomeExpense
741000 USD
CY2021Q1 lvis Other Other Income Expense
OtherOtherIncomeExpense
1054000 USD
CY2020Q1 lvis Other Other Income Expense
OtherOtherIncomeExpense
-1225000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2700000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.079
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.074
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
142504000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
152689000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
399541735 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
396216057 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
12331036 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
13852316 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
411872771 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
410068373 shares
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
154671000 USD
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 Regional_Segments
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
989627 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
787917 shares
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1305602000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1506126000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
177123000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
178782000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
23310000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
16654000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
858000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2700000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
164828000 USD
CY2021Q1 lvis Covid19 Percent Of Retail Stores Remaining Closed
COVID19PercentOfRetailStoresRemainingClosed
0.15

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