2016 Q4 Form 10-Q Financial Statement

#000129594717000007 Filed on February 02, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $216.8M $200.2M
YoY Change 8.28% 1.31%
Cost Of Revenue $92.22M $83.40M
YoY Change 10.57% -2.91%
Gross Profit $124.5M $116.8M
YoY Change 6.65% 4.51%
Gross Profit Margin 57.46% 58.34%
Selling, General & Admin $52.80M $48.10M
YoY Change 9.77% -3.02%
% of Gross Profit 42.39% 41.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.300M $1.200M
YoY Change 8.33% 20.0%
% of Gross Profit 1.04% 1.03%
Operating Expenses $55.26M $54.14M
YoY Change 2.07% -1.12%
Operating Profit $69.29M $62.64M
YoY Change 10.61% 9.91%
Interest Expense -$18.60M -$19.50M
YoY Change -4.62% -20.73%
% of Operating Profit -26.84% -31.13%
Other Income/Expense, Net
YoY Change
Pretax Income $50.73M $43.18M
YoY Change 17.49% 28.77%
Income Tax $19.09M $15.19M
% Of Pretax Income 37.63% 35.17%
Net Earnings $31.64M $28.00M
YoY Change 13.02% 31.48%
Net Earnings / Revenue 14.6% 13.98%
Basic Earnings Per Share $0.60 $0.53
Diluted Earnings Per Share $0.59 $0.53
COMMON SHARES
Basic Shares Outstanding 53.00M shares 52.82M shares
Diluted Shares Outstanding 53.36M shares 53.20M shares

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.30M $49.00M
YoY Change 29.18% 122.73%
Cash & Equivalents $63.29M $48.97M
Short-Term Investments
Other Short-Term Assets $22.60M $13.40M
YoY Change 68.66% -15.19%
Inventory $100.9M $80.67M
Prepaid Expenses
Receivables $104.4M $85.09M
Other Receivables $300.0K $1.500M
Total Short-Term Assets $291.2M $228.2M
YoY Change 27.64% 13.64%
LONG-TERM ASSETS
Property, Plant & Equipment $12.87M $12.30M
YoY Change 4.58% -6.01%
Goodwill $345.5M $282.7M
YoY Change 22.22% -3.16%
Intangibles $2.156B $2.117B
YoY Change 1.88% -1.29%
Long-Term Investments
YoY Change
Other Assets $4.914M $1.352M
YoY Change 263.46% -95.61%
Total Long-Term Assets $2.520B $2.413B
YoY Change 4.43% -2.7%
TOTAL ASSETS
Total Short-Term Assets $291.2M $228.2M
Total Long-Term Assets $2.520B $2.413B
Total Assets $2.811B $2.641B
YoY Change 6.43% -1.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $45.25M $28.54M
YoY Change 58.55% -26.0%
Accrued Expenses $67.40M $54.70M
YoY Change 23.22% 8.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $132.3M $86.72M
YoY Change 52.59% -4.74%
LONG-TERM LIABILITIES
Long-Term Debt $1.416B $1.447B
YoY Change -2.17% -11.66%
Other Long-Term Liabilities $3.312M $2.823M
YoY Change 17.32% 911.83%
Total Long-Term Liabilities $1.419B $1.450B
YoY Change -2.14% -11.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $132.3M $86.72M
Total Long-Term Liabilities $1.419B $1.450B
Total Liabilities $2.011B $1.920B
YoY Change 4.74% -7.32%
SHAREHOLDERS EQUITY
Retained Earnings $385.6M $313.4M
YoY Change 23.05% 53.89%
Common Stock $532.0K $530.0K
YoY Change 0.38% 0.95%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.594M $5.121M
YoY Change 28.76% 67.24%
Treasury Stock Shares 332.0K shares 306.0K shares
Shareholders Equity $799.9M $720.9M
YoY Change
Total Liabilities & Shareholders Equity $2.811B $2.641B
YoY Change 6.43% -1.48%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $31.64M $28.00M
YoY Change 13.02% 31.48%
Depreciation, Depletion And Amortization $1.300M $1.200M
YoY Change 8.33% 20.0%
Cash From Operating Activities $40.00M $45.90M
YoY Change -12.85% -2.34%
INVESTING ACTIVITIES
Capital Expenditures -$500.0K -$800.0K
YoY Change -37.5% -65.22%
Acquisitions
YoY Change
Other Investing Activities $59.80M $7.300M
YoY Change 719.18% -27.0%
Cash From Investing Activities $59.30M $6.300M
YoY Change 841.27% -17.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -65.00M -25.90M
YoY Change 150.97% -52.13%
NET CHANGE
Cash From Operating Activities 40.00M 45.90M
Cash From Investing Activities 59.30M 6.300M
Cash From Financing Activities -65.00M -25.90M
Net Change In Cash 34.30M 26.30M
YoY Change 30.42% 5160.0%
FREE CASH FLOW
Cash From Operating Activities $40.00M $45.90M
Capital Expenditures -$500.0K -$800.0K
Free Cash Flow $40.50M $46.70M
YoY Change -13.28% -5.27%

Facts In Submission

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142881000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4527000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
17522000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
17945000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
17945000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17945000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
302677000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
218765000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-51807000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
36000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2015Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-451000 USD
CY2016Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18135000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
52186000 USD
CY2016Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22131000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
60383000 USD
CY2016Q1 us-gaap Goodwill
Goodwill
360191000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
345485000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1550000 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
13156000 USD
CY2015Q4 us-gaap Gross Profit
GrossProfit
116784000 USD
us-gaap Gross Profit
GrossProfit
348960000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
124547000 USD
us-gaap Gross Profit
GrossProfit
370103000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43181000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
132582000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
50733000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
92048000 USD
CY2015Q4 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2016Q4 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15186000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
25127000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-17553000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46611000 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19092000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
33743000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
9014000 USD
CY2015Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
400000 USD
CY2016Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
7944000 USD
CY2016Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4800000 USD
CY2016Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4100000 USD
CY2015Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
31000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
91000 USD
CY2016Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
46000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
149000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2453000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12374000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5207000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
22323000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7114000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16589000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5472000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-11149000 USD
CY2015Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
379000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
379000 shares
CY2016Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
360000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
379000 shares
CY2016Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2020046000 USD
CY2016Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1937613000 USD
CY2016Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2322723000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2156378000 USD
CY2016Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2682914000 USD
CY2016Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2501863000 USD
CY2016Q1 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
8664000 USD
CY2016Q4 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
8399000 USD
CY2015Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
19493000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
62104000 USD
CY2016Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
18600000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
60660000 USD
us-gaap Interest Paid
InterestPaid
58867000 USD
us-gaap Interest Paid
InterestPaid
54615000 USD
CY2016Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
83700000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
92982000 USD
CY2016Q1 us-gaap Inventory Net
InventoryNet
91263000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
100926000 USD
CY2016Q1 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
7563000 USD
CY2016Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
400000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1500000 USD
CY2016Q1 us-gaap Liabilities
Liabilities
2204455000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
2010995000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2948791000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2810852000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
132324000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1437000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2016Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1625309000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1415579000 USD
CY2015Q4 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
29935000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
84250000 USD
CY2016Q4 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
30682000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
86909000 USD
CY2016Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
1
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-113504000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-212696000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
5041000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
110286000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136451000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
140348000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
27995000 USD
us-gaap Net Income Loss
NetIncomeLoss
85971000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
31641000 USD
us-gaap Net Income Loss
NetIncomeLoss
58305000 USD
CY2015Q4 us-gaap Operating Expenses
OperatingExpenses
54141000 USD
us-gaap Operating Expenses
OperatingExpenses
153914000 USD
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
55260000 USD
us-gaap Operating Expenses
OperatingExpenses
217544000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
62643000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
195046000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
69287000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
152559000 USD
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
8434000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
8232000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
910000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1934000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2197000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2472000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
63000 USD
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1165000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
971000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
656000 USD
CY2016Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
7100000 USD
CY2016Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5856000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6927000 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
42.13
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
55.86
CY2016Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1324000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4914000 USD
CY2015Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4922000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6562000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-8736000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11857000 USD
CY2015Q4 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
6071000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
17478000 USD
CY2016Q4 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
5852000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
18700000 USD
CY2016Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2840000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3312000 USD
CY2015Q4 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
710000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
2358000 USD
CY2016Q4 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
31000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
871000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4211000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2187000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1431000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2540000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1935000 USD
CY2016Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
25165000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10005000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
110717000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
20000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
344000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
85000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6600000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3444000 USD
CY2016Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
30361000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
31306000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15540000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12865000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
81100000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
105000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
50000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
130500000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
327312000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
385617000 USD
CY2015Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
199485000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
596034000 USD
CY2016Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
216732000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
640519000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
200195000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
598392000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
216763000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
641390000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7098000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6260000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
2500000.0 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
1000000.0 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1800000.0 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
5000000.0 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2400000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
313500 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
387000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
21.68
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
25.70
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2400000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
2100 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
92200 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
38.21
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
42.62
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
208200 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
264300 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.24
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.75
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
15325000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
12543000 USD
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
871200 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
740400 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
727700 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
791900 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.40
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.63
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.70
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.54
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
18.99
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
31.91
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
9341000 USD
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
10217000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y8M12D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y3M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y10M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y4M24D
CY2015Q4 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
10100000 USD
us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
29200000 USD
CY2016Q4 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
10700000 USD
us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
32100000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
336900 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
107900 shares
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
744336000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
799857000 USD
CY2015Q4 us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
4922000 USD
us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
-6562000 USD
CY2016Q4 us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
-8736000 USD
us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax Period Increase Decrease
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease
-11857000 USD
CY2016Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
306000 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
332000 shares
CY2016Q1 us-gaap Treasury Stock Value
TreasuryStockValue
5163000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6594000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4100000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3700000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
600000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000 USD
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53203000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53106000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53359000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53339000 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52824000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52727000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52999000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52960000 shares
us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-align:left;vertical-align:bottom;">Advertising and Promotion Costs</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Advertising and promotion costs are expensed as incurred.&#160;&#160;Allowances for distribution costs associated with products, including slotting fees, are recognized as a reduction of sales.&#160;&#160;Under these new distribution arrangements, the retailers allow our products to be placed on the stores' shelves in exchange for such fees.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period.&#160;&#160;Although these estimates are based on our knowledge of current events and actions that we may undertake in the future, actual results could differ from those estimates.&#160;&#160;As discussed below, our most significant estimates include those made in connection with the valuation of intangible assets, stock-based compensation, fair value of debt, sales returns and allowances, trade promotional allowances and inventory obsolescence, and the recognition of income taxes using an estimated annual effective tax rate.</font></div></div>

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0001295947-17-000007.txt Edgar Link pending
0001295947-17-000007-xbrl.zip Edgar Link pending
exhibit101bppoolofferletter.htm Edgar Link pending
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