$RH
RH

2014 Q3 Form 10-Q Financial Statement

#000119312514339123 Filed on September 11, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q3
Revenue $433.8M $382.1M
YoY Change 13.52% 30.45%
Cost Of Revenue $265.9M $242.9M
YoY Change 9.46% 35.85%
Gross Profit $167.9M $139.2M
YoY Change 20.6% 21.99%
Gross Profit Margin 38.71% 36.44%
Selling, General & Admin $119.0M $167.0M
YoY Change -28.76% 76.79%
% of Gross Profit 70.86% 119.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.400M $6.600M
YoY Change 27.27% 1.54%
% of Gross Profit 5.0% 4.74%
Operating Expenses $119.0M $167.0M
YoY Change -28.76% 76.79%
Operating Profit $48.94M -$27.78M
YoY Change -276.15% -241.29%
Interest Expense $4.346M $1.191M
YoY Change 264.9% -19.47%
% of Operating Profit 8.88%
Other Income/Expense, Net
YoY Change
Pretax Income $44.59M -$28.97M
YoY Change -253.91% -259.33%
Income Tax $17.34M -$11.14M
% Of Pretax Income 38.88%
Net Earnings $27.25M -$17.84M
YoY Change -252.81% -201.24%
Net Earnings / Revenue 6.28% -4.67%
Basic Earnings Per Share $0.69 -$0.46
Diluted Earnings Per Share $0.66 -$0.46
COMMON SHARES
Basic Shares Outstanding 39.44M 38.71M shares
Diluted Shares Outstanding 41.26M 38.71M shares

Balance Sheet

Concept 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $181.5M $15.00M
YoY Change 1110.0% 48.51%
Cash & Equivalents $181.5M $15.01M
Short-Term Investments
Other Short-Term Assets $149.2M $1.355M
YoY Change 10911.07% -98.33%
Inventory $547.1M $406.7M
Prepaid Expenses $12.56M
Receivables $24.14M $22.61M
Other Receivables $0.00 $0.00
Total Short-Term Assets $901.9M $577.4M
YoY Change 56.21% 50.29%
LONG-TERM ASSETS
Property, Plant & Equipment $261.9M $154.0M
YoY Change 70.04% 75.21%
Goodwill $124.6M $122.5M
YoY Change 1.71%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.49M $6.235M
YoY Change 84.2% 32.66%
Total Long-Term Assets $464.8M $352.0M
YoY Change 32.06% 31.97%
TOTAL ASSETS
Total Short-Term Assets $901.9M $577.4M
Total Long-Term Assets $464.8M $352.0M
Total Assets $1.367B $929.4M
YoY Change 47.06% 42.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $143.7M $122.6M
YoY Change 17.22% 95.51%
Accrued Expenses $27.10M $83.00M
YoY Change -67.35% 52.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $500.0K
YoY Change
Total Short-Term Liabilities $362.7M $297.0M
YoY Change 22.11% 60.2%
LONG-TERM LIABILITIES
Long-Term Debt $277.7M $87.60M
YoY Change 217.01% -39.38%
Other Long-Term Liabilities $73.27M $13.96M
YoY Change 424.99% -58.58%
Total Long-Term Liabilities $73.27M $13.96M
YoY Change 424.99% -92.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $362.7M $297.0M
Total Long-Term Liabilities $73.27M $13.96M
Total Liabilities $752.5M $430.0M
YoY Change 75.0% 11.45%
SHAREHOLDERS EQUITY
Retained Earnings -$8.244M -$73.48M
YoY Change -88.78%
Common Stock $4.000K $4.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $19.29M
YoY Change
Treasury Stock Shares 292.3K shares
Shareholders Equity $614.3M $499.4M
YoY Change
Total Liabilities & Shareholders Equity $1.367B $929.4M
YoY Change 47.06% 42.78%

Cashflow Statement

Concept 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $27.25M -$17.84M
YoY Change -252.81% -201.24%
Depreciation, Depletion And Amortization $8.400M $6.600M
YoY Change 27.27% 1.54%
Cash From Operating Activities $27.50M $51.00M
YoY Change -46.08% 1059.09%
INVESTING ACTIVITIES
Capital Expenditures -$22.60M -$20.90M
YoY Change 8.13% 175.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$22.60M -$20.90M
YoY Change 8.13% 175.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 165.6M -24.80M
YoY Change -767.74% -900.0%
NET CHANGE
Cash From Operating Activities 27.50M 51.00M
Cash From Investing Activities -22.60M -20.90M
Cash From Financing Activities 165.6M -24.80M
Net Change In Cash 170.5M 5.300M
YoY Change 3116.98% -5400.0%
FREE CASH FLOW
Cash From Operating Activities $27.50M $51.00M
Capital Expenditures -$22.60M -$20.90M
Free Cash Flow $50.10M $71.90M
YoY Change -30.32% 499.17%

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