2015 Q2 Form 10-K Financial Statement

#000156459015005183 Filed on June 22, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 2014 Q2
Revenue $181.0M $551.9M $170.4M
YoY Change 6.2% -11.93% -4.64%
Cost Of Revenue $113.9M $356.9M $100.7M
YoY Change 13.11% -2.88% -8.62%
Gross Profit $67.14M $194.9M $69.74M
YoY Change -3.73% -24.77% 1.9%
Gross Profit Margin 37.1% 35.32% 40.92%
Selling, General & Admin $27.70M $98.36M $25.10M
YoY Change 10.36% -4.01% 24.26%
% of Gross Profit 41.25% 50.46% 35.99%
Research & Development $2.100M $6.943M $1.500M
YoY Change 40.0% 22.93% 7.14%
% of Gross Profit 3.13% 3.56% 2.15%
Depreciation & Amortization $9.700M $30.90M $5.600M
YoY Change 73.21% 42.37% 19.15%
% of Gross Profit 14.45% 15.85% 8.03%
Operating Expenses $29.80M $105.3M $26.60M
YoY Change 12.03% -2.61% 22.58%
Operating Profit $37.34M $89.63M $43.14M
YoY Change -13.44% -40.64% -7.7%
Interest Expense -$3.100M $11.33M -$1.800M
YoY Change 72.22% -7.59% 63.64%
% of Operating Profit -8.3% 12.64% -4.17%
Other Income/Expense, Net $0.00 -$10.90M -$2.200M
YoY Change -100.0% -23.62%
Pretax Income $34.20M $78.73M $39.10M
YoY Change -12.53% -42.41% -14.44%
Income Tax $12.30M $28.91M $14.20M
% Of Pretax Income 35.96% 36.71% 36.32%
Net Earnings $21.89M $49.61M $25.06M
YoY Change -12.65% -44.45% -0.44%
Net Earnings / Revenue 12.09% 8.99% 14.7%
Basic Earnings Per Share $0.41 $0.92 $0.45
Diluted Earnings Per Share $0.40 $0.90 $0.44
COMMON SHARES
Basic Shares Outstanding 54.17M 53.99M 55.18M shares
Diluted Shares Outstanding 55.23M

Balance Sheet

Concept 2015 Q2 2015 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.20M $42.20M $68.90M
YoY Change -38.75% -38.75% -29.04%
Cash & Equivalents $42.22M $42.20M $68.86M
Short-Term Investments
Other Short-Term Assets $22.70M $22.70M $23.10M
YoY Change -1.73% -1.73% 14.36%
Inventory $76.90M $76.90M $86.74M
Prepaid Expenses
Receivables $55.28M $55.30M $55.89M
Other Receivables $0.00 $0.00 $4.600M
Total Short-Term Assets $197.1M $197.1M $239.2M
YoY Change -17.59% -17.6% 4.18%
LONG-TERM ASSETS
Property, Plant & Equipment $133.8M $133.8M $120.4M
YoY Change 11.09% 11.13% 39.43%
Goodwill $75.43M
YoY Change
Intangibles $3.425M
YoY Change -13.62%
Long-Term Investments
YoY Change
Other Assets $10.80M $10.80M $18.47M
YoY Change -41.52% -33.33% 160.98%
Total Long-Term Assets $293.8M $293.8M $142.3M
YoY Change 106.42% 106.47% 46.1%
TOTAL ASSETS
Total Short-Term Assets $197.1M $197.1M $239.2M
Total Long-Term Assets $293.8M $293.8M $142.3M
Total Assets $490.9M $490.9M $381.5M
YoY Change 28.68% 28.68% 16.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.40M $32.40M $37.69M
YoY Change -14.03% -14.06% 20.72%
Accrued Expenses $39.10M $39.10M $16.05M
YoY Change 143.6% -21.01% 0.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $81.01M $81.00M $92.54M
YoY Change -12.46% -12.43% 12.05%
LONG-TERM LIABILITIES
Long-Term Debt $170.9M $170.9M $100.0M
YoY Change 70.9% 70.9% 129.36%
Other Long-Term Liabilities $10.71M $10.70M $10.72M
YoY Change -0.12% 0.0% -8.19%
Total Long-Term Liabilities $10.71M $181.6M $10.72M
YoY Change -0.12% 64.05% -8.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.01M $81.00M $92.54M
Total Long-Term Liabilities $10.71M $181.6M $10.72M
Total Liabilities $300.6M $296.6M $214.7M
YoY Change 40.03% 38.15% 47.35%
SHAREHOLDERS EQUITY
Retained Earnings $147.4M $97.74M
YoY Change 50.76% 1058.87%
Common Stock $219.3M $211.3M
YoY Change 3.77% 6.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $172.3M $142.3M
YoY Change 21.11% 439.03%
Treasury Stock Shares $13.46M
Shareholders Equity $194.4M $194.4M $166.8M
YoY Change
Total Liabilities & Shareholders Equity $495.0M $490.9M $381.5M
YoY Change 29.75% 28.68% 16.67%

Cashflow Statement

Concept 2015 Q2 2015 2014 Q2
OPERATING ACTIVITIES
Net Income $21.89M $49.61M $25.06M
YoY Change -12.65% -44.45% -0.44%
Depreciation, Depletion And Amortization $9.700M $30.90M $5.600M
YoY Change 73.21% 42.37% 19.15%
Cash From Operating Activities $84.90M $114.8M $36.00M
YoY Change 135.83% 27.27% -29.82%
INVESTING ACTIVITIES
Capital Expenditures -$4.200M $28.20M -$14.00M
YoY Change -70.0% -47.08% 6.87%
Acquisitions $159.2M
YoY Change
Other Investing Activities $700.0K -$157.5M $0.00
YoY Change -78850.0%
Cash From Investing Activities -$3.500M -$186.1M -$13.90M
YoY Change -74.82% 197.14% 6.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $30.04M
YoY Change -74.08%
Debt Paid & Issued, Net $100.0M
YoY Change 121.52%
Cash From Financing Activities -98.30M 44.61M 1.500M
YoY Change -6653.33% -175.34% 650.0%
NET CHANGE
Cash From Operating Activities 84.90M 114.8M 36.00M
Cash From Investing Activities -3.500M -186.1M -13.90M
Cash From Financing Activities -98.30M 44.61M 1.500M
Net Change In Cash -16.90M -26.64M 23.60M
YoY Change -171.61% -15.77% -38.54%
FREE CASH FLOW
Cash From Operating Activities $84.90M $114.8M $36.00M
Capital Expenditures -$4.200M $28.20M -$14.00M
Free Cash Flow $89.10M $86.61M $50.00M
YoY Change 78.2% 134.56% -22.36%

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CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1240000
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1446000
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1487000
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.04
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.04
CY2015 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2014 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2013 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2015Q2 swhc Product Warranty Recall Costs
ProductWarrantyRecallCosts
5500000
CY2015 swhc Future Estimated Recall Costs
FutureEstimatedRecallCosts
3200000
CY2015 us-gaap Product Warranty Expense
ProductWarrantyExpense
4300000
CY2014 us-gaap Product Warranty Expense
ProductWarrantyExpense
3600000
CY2013 us-gaap Product Warranty Expense
ProductWarrantyExpense
7100000
CY2014Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7565000
CY2013Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8423000
CY2012Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6412000
CY2015 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
4292000
CY2014 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
3620000
CY2013 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
7093000
CY2015 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3204000
CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4478000
CY2013 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5082000
CY2015Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8653000
CY2015 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
6900000
CY2014 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1600000
CY2013 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
680000
CY2015Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1000000
CY2015Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
3214000
CY2015 swhc Export Sales As Percentage Of Revenue
ExportSalesAsPercentageOfRevenue
0.04
CY2014 swhc Export Sales As Percentage Of Revenue
ExportSalesAsPercentageOfRevenue
0.03
CY2013 swhc Export Sales As Percentage Of Revenue
ExportSalesAsPercentageOfRevenue
0.03
CY2015Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
191480000
CY2014Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
156030000
CY2015Q2 swhc Computer Hardware And Software Gross
ComputerHardwareAndSoftwareGross
30945000
CY2014Q2 swhc Computer Hardware And Software Gross
ComputerHardwareAndSoftwareGross
27331000
CY2015Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
19946000
CY2014Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
12187000
CY2014Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
2150000
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
245585000
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
197698000
CY2015Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
116663000
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
93138000
CY2015Q2 swhc Property Plant And Equipment Gross Excluding Construction In Progress
PropertyPlantAndEquipmentGrossExcludingConstructionInProgress
128922000
CY2014Q2 swhc Property Plant And Equipment Gross Excluding Construction In Progress
PropertyPlantAndEquipmentGrossExcludingConstructionInProgress
104560000
CY2015Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
4922000
CY2014Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
15880000
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
28240000
CY2014Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
26523000
CY2015Q2 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
34269000
CY2014Q2 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
47109000
CY2015Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7492000
CY2014Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7643000
CY2015Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6894000
CY2014Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5467000
CY2015Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
81268000
CY2014Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6726000
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7950000
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3603000
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
73318000
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3123000
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4600000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
645000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
639000
CY2015Q2 swhc Accrued Rebates And Promotions Current
AccruedRebatesAndPromotionsCurrent
4126000
CY2014Q2 swhc Accrued Rebates And Promotions Current
AccruedRebatesAndPromotionsCurrent
2633000
CY2015Q2 us-gaap Interest Payable Current
InterestPayableCurrent
3362000
CY2014Q2 us-gaap Interest Payable Current
InterestPayableCurrent
2194000
CY2015Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
3065000
CY2015Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2335000
CY2015Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
833000
CY2014Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
916000
CY2015Q2 swhc Accrued Distributor Incentives Current
AccruedDistributorIncentivesCurrent
761000
CY2014Q2 swhc Accrued Distributor Incentives Current
AccruedDistributorIncentivesCurrent
590000
CY2015Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4539000
CY2015Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
9610000
CY2015Q2 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
6200000
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
17000000
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
8700000
CY2012Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
8980000
CY2015 swhc Self Insurance Reserve Deductions
SelfInsuranceReserveDeductions
12500000
CY2014 swhc Self Insurance Reserve Deductions
SelfInsuranceReserveDeductions
11106000
CY2013 swhc Self Insurance Reserve Deductions
SelfInsuranceReserveDeductions
11611000
CY2015Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
3800000
CY2015Q2 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
3100000
CY2015Q2 swhc Receivables From Insurance Carriers Included In Other Assets
ReceivablesFromInsuranceCarriersIncludedInOtherAssets
1900000
CY2014Q2 swhc Receivables From Insurance Carriers Included In Other Assets
ReceivablesFromInsuranceCarriersIncludedInOtherAssets
1900000
CY2015Q2 swhc Receivables From Insurance Carriers Included In Other Current Assets
ReceivablesFromInsuranceCarriersIncludedInOtherCurrentAssets
25000
CY2014Q2 swhc Receivables From Insurance Carriers Included In Other Current Assets
ReceivablesFromInsuranceCarriersIncludedInOtherCurrentAssets
25000
CY2014Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
115000000
CY2014 swhc Stock Repurchase Program Fees And Expenses Related To Tender Offer And Open Market Purchases
StockRepurchaseProgramFeesAndExpensesRelatedToTenderOfferAndOpenMarketPurchases
887000
CY2014Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
30000000
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2105315
CY2015 swhc Stock Repurchase Program Fees And Expenses Related To Tender Offer And Open Market Purchases
StockRepurchaseProgramFeesAndExpensesRelatedToTenderOfferAndOpenMarketPurchases
40000
CY2015 swhc Number Of Stock Option Plans
NumberOfStockOptionPlans
2
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3019127
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3988164
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3500
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
365719
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
732778
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
847042
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
13000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
28000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
125495
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1879630
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y7D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y15D
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y7D
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1878464
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1873494
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2087675
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y9M
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.15
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.31
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.67
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.02
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.96
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.73
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.10
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
7.98
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
5.59
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
3.87
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.37
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.36
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.29
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.38
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
16100000
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
20800000
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
12100000
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
16000000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2900000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7300000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5100000
CY2015Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1000
CY2015 swhc Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Correlation Coefficient
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsCorrelationCoefficient
0.32
CY2014 swhc Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Correlation Coefficient
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsCorrelationCoefficient
0.46
CY2013 swhc Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Correlation Coefficient
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsCorrelationCoefficient
0.47
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0091
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0091
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0032
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2015 swhc Share Based Compensation Arrangement By Share Based Payment Award Performance Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod
P3Y
CY2015 swhc Share Based Compensation Percentage Of Target Award Granted For Calculating Maximum Aggregate Award Of Performance Share
ShareBasedCompensationPercentageOfTargetAwardGrantedForCalculatingMaximumAggregateAwardOfPerformanceShare
2.00
CY2015 swhc Percentage Of Stock Outperform In Order For Target Award To Be Earned
PercentageOfStockOutperformInOrderForTargetAwardToBeEarned
0.05
CY2014 swhc Percentage Of Stock Outperform In Order For Target Award To Be Earned
PercentageOfStockOutperformInOrderForTargetAwardToBeEarned
0.10
CY2013 swhc Percentage Of Stock Outperform In Order For Target Award To Be Earned
PercentageOfStockOutperformInOrderForTargetAwardToBeEarned
0.10
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
726000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
22471000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
43470000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
38661000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4188000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6167000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5982000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26659000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
49637000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
44643000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2274000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1352000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1508000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-28000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-190000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
349000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2246000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1542000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1857000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
27556000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
47853000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
44767000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3015000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4535000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4576000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
82000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
77000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
131000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
205000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
187000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
107000
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
2462000
CY2014 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
4325000
CY2013 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
3708000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
-100000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
-100000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
-140000
CY2015Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
23000
CY2014 swhc Income Tax Reconciliation Changes In Uncertain Tax Positions
IncomeTaxReconciliationChangesInUncertainTaxPositions
-265000
CY2013 swhc Income Tax Reconciliation Changes In Uncertain Tax Positions
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IncomeTaxReconciliationOtherAdjustments
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CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2015 swhc Increase Decrease In Income Tax Examination Penalties And Interest
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7000
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-212000
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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795000
CY2015 swhc Number Of Product Liability Cases
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8
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9
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CY2014Q2 us-gaap Accrued Environmental Loss Contingencies Noncurrent
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CY2011 us-gaap Investment Tax Credit
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CY2015 swhc Amortization Of Investment Tax Credits
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CY2015Q2 swhc Investment Tax Credit Current
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CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.27
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2015Q1 us-gaap Net Income Loss
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CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.41
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CY2015 swhc Market Price High
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GrossProfit
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GrossProfit
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CY2014Q1 us-gaap Gross Profit
GrossProfit
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CY2013Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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728000
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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157000
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NetIncomeLoss
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NetIncomeLoss
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NetIncomeLoss
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CY2013Q3 us-gaap Earnings Per Share Basic
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CY2013Q3 us-gaap Earnings Per Share Diluted
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CY2013Q4 swhc Market Price Low
MarketPriceLow
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MarketPriceLow
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MarketPriceLow
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CY2014 swhc Market Price Low
MarketPriceLow
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CY2013Q4 swhc Market Price High
MarketPriceHigh
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CY2014Q1 swhc Market Price High
MarketPriceHigh
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CY2014Q2 swhc Market Price High
MarketPriceHigh
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CY2014 swhc Market Price High
MarketPriceHigh
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CY2015 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2020-06-15
CY2015 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2020-06-15

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