$WW
WW INTERNATIONAL, INC.

2015 Q2 Form 10-Q Financial Statement

#000119312515188080 Filed on May 14, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q1
Revenue $322.1M $409.4M
YoY Change -18.98% -16.59%
Cost Of Revenue $164.8M $186.5M
YoY Change -4.04% -9.99%
Gross Profit $157.3M $222.9M
YoY Change -30.34% -21.41%
Gross Profit Margin 48.84% 54.45%
Selling, General & Admin $51.98M $56.51M
YoY Change -20.06% -3.1%
% of Gross Profit 33.04% 25.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.90M $11.50M
YoY Change 14.88% 9.52%
% of Gross Profit 8.84% 5.16%
Operating Expenses $51.98M $56.51M
YoY Change -20.06% -3.1%
Operating Profit $18.04M $51.05M
YoY Change -84.25% -50.49%
Interest Expense -$31.10M -$25.30M
YoY Change -0.32% 11.95%
% of Operating Profit -172.36% -49.56%
Other Income/Expense, Net -$575.0K -$270.0K
YoY Change -35.32% -79.17%
Pretax Income -$8.859M $36.06M
YoY Change -110.74% -54.51%
Income Tax -$3.375M $14.53M
% Of Pretax Income 40.29%
Net Earnings -$5.433M $21.53M
YoY Change -110.06% -55.84%
Net Earnings / Revenue -1.69% 5.26%
Basic Earnings Per Share -$0.10 $0.38
Diluted Earnings Per Share -$0.10 $0.38
COMMON SHARES
Basic Shares Outstanding 56.81M shares 56.43M shares
Diluted Shares Outstanding 56.81M shares 56.51M shares

Balance Sheet

Concept 2015 Q2 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $211.0M $231.6M
YoY Change -23.69% 90.77%
Cash & Equivalents $211.0M $231.6M
Short-Term Investments
Other Short-Term Assets $74.90M $63.30M
YoY Change 30.72% -3.8%
Inventory $28.11M $32.67M
Prepaid Expenses
Receivables $31.20M $40.40M
Other Receivables $0.00 $0.00
Total Short-Term Assets $345.2M $368.0M
YoY Change -13.6% 34.41%
LONG-TERM ASSETS
Property, Plant & Equipment $72.11M $84.18M
YoY Change -11.08% 2.68%
Goodwill $167.7M $110.0M
YoY Change 46.08% 73.25%
Intangibles $43.35M
YoY Change -15.13%
Long-Term Investments
YoY Change
Other Assets $4.034M $2.847M
YoY Change 47.17% -13.91%
Total Long-Term Assets $1.101B $1.115B
YoY Change -2.27% 7.12%
TOTAL ASSETS
Total Short-Term Assets $345.2M $368.0M
Total Long-Term Assets $1.101B $1.115B
Total Assets $1.446B $1.483B
YoY Change -5.24% 12.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.93M $55.85M
YoY Change 50.14% 2.11%
Accrued Expenses $157.3M $178.4M
YoY Change -6.59% 3.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $250.2M $30.00M
YoY Change 733.95% -85.31%
Total Short-Term Liabilities $606.2M $399.0M
YoY Change 57.15% -31.95%
LONG-TERM LIABILITIES
Long-Term Debt $2.037B $2.352B
YoY Change -13.17% 7.11%
Other Long-Term Liabilities $17.52M $16.26M
YoY Change 5.83% 0.12%
Total Long-Term Liabilities $2.055B $2.368B
YoY Change -13.04% 7.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $606.2M $399.0M
Total Long-Term Liabilities $2.055B $2.368B
Total Liabilities $2.832B $2.936B
YoY Change -3.17% 0.01%
SHAREHOLDERS EQUITY
Retained Earnings $1.898B $1.794B
YoY Change 2.29% 9.3%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.251B $3.255B
YoY Change -0.11% -0.66%
Treasury Stock Shares 55.41M shares 55.53M shares
Shareholders Equity -$1.390B -$1.461B
YoY Change
Total Liabilities & Shareholders Equity $1.446B $1.483B
YoY Change -5.24% 12.8%

Cashflow Statement

Concept 2015 Q2 2014 Q1
OPERATING ACTIVITIES
Net Income -$5.433M $21.53M
YoY Change -110.06% -55.84%
Depreciation, Depletion And Amortization $13.90M $11.50M
YoY Change 14.88% 9.52%
Cash From Operating Activities -$7.400M $80.90M
YoY Change -111.46% -29.75%
INVESTING ACTIVITIES
Capital Expenditures $1.444M $2.052M
YoY Change -115.36% -88.55%
Acquisitions $2.775M $11.92M
YoY Change -65.95%
Other Investing Activities -$54.00K $53.00K
YoY Change -98.83% -255.88%
Cash From Investing Activities -$13.50M -$17.90M
YoY Change -4.26% -69.23%
FINANCING ACTIVITIES
Cash Dividend Paid $2.000K $73.00K
YoY Change 1725.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $65.14M $6.000M
YoY Change -5.41%
Cash From Financing Activities -65.10M -6.100M
YoY Change 1022.41% 96.77%
NET CHANGE
Cash From Operating Activities -7.400M 80.90M
Cash From Investing Activities -13.50M -17.90M
Cash From Financing Activities -65.10M -6.100M
Net Change In Cash -86.00M 56.90M
YoY Change -292.39% 5.59%
FREE CASH FLOW
Cash From Operating Activities -$7.400M $80.90M
Capital Expenditures $1.444M $2.052M
Free Cash Flow -$8.844M $78.85M
YoY Change -111.95% -18.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8517000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
174557000
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
57182008 shares
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
112493000 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
55412000 shares
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2015Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0390 pure
CY2015Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0392 pure
CY2015Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
5074000
CY2015Q2 us-gaap Restructuring Reserve
RestructuringReserve
6673000
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
606163000
CY2015Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
8817000
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
0
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-36820000
CY2015Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
56930000
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1897669000
CY2015Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
250185000
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
170954000
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
-1390292000
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17522000
CY2015Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
157264000
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2037000000
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1446421000
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
165167000
CY2015Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1310711000
CY2015Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
14818000
CY2015Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
57815000
CY2015Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
75152000
CY2015Q2 us-gaap Liabilities
Liabilities
2831639000
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
2287185000
CY2015Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
48181000
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2901000
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
211009000
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3505000
CY2015Q2 us-gaap Goodwill
Goodwill
167738000
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
72106000
CY2015Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
31215000
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
49420000
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
72383000
CY2015Q2 us-gaap Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
4200000
CY2015Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
30593000
CY2015Q2 us-gaap Assets
Assets
1446421000
CY2015Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
25476000
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
23695000
CY2015Q2 us-gaap Inventory Net
InventoryNet
28112000
CY2015Q2 us-gaap Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
753622000
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4034000
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
3251141000
CY2015Q2 us-gaap Assets Current
AssetsCurrent
345232000
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
26364000
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
18405000
CY2015Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
238263000
CY2015Q2 wtw Additional Applicable Margin Rate
AdditionalApplicableMarginRate
0.0025 pure
CY2015Q2 wtw Finite Lived Intangible Assets Amortization Expense Year Five And Thereafter
FiniteLivedIntangibleAssetsAmortizationExpenseYearFiveAndThereafter
1127000
CY2015Q2 wtw Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next Twelve Months Before Tax
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNextTwelveMonthsBeforeTax
24292000
CY2015Q2 wtw Franchise Rights Acquired Net
FranchiseRightsAcquiredNet
754335000
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-40000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
231633000
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
112195000 shares
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
55485000 shares
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2015Q1 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0386 pure
CY2015Q1 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0390 pure
CY2015Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
5553000
CY2015Q1 us-gaap Restructuring Reserve
RestructuringReserve
2570000
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
431695000
CY2015Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10779000
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
0
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19950000
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
52411000
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1900506000
CY2015Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
80728000
CY2015Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
176278000
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
-1373041000
CY2015Q1 us-gaap Assets
Assets
1534640000
CY2015Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
23744000
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16883000
CY2015Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
179164000
CY2015Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2277272000
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1534640000
CY2015Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
156723000
CY2015Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1888051000
CY2015Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
42423000
CY2015Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
66190000
CY2015Q1 us-gaap Liabilities
Liabilities
2902128000
CY2015Q1 us-gaap Long Term Debt
LongTermDebt
2358000000
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3287000
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
301212000
CY2015Q1 us-gaap Goodwill
Goodwill
168279000
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
74650000
CY2015Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
31960000
CY2015Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
36367000
CY2015Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
68115000
CY2015Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
32742000
CY2015Q1 us-gaap Inventory Net
InventoryNet
32382000
CY2015Q1 us-gaap Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
759838000
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4306000
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3253597000
CY2015Q1 us-gaap Assets Current
AssetsCurrent
425665000
CY2015Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
225883000
CY2015Q1 wtw Franchise Rights Acquired Net
FranchiseRightsAcquiredNet
760883000
CY2013Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2399904000
CY2014Q1 us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
2 LegalMatter
CY2015 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0493 pure
CY2013Q2 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
44817000
CY2013Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
21685000
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2015Q2 dei Document Type
DocumentType
10-Q
CY2015Q2 dei Entity Registrant Name
EntityRegistrantName
WEIGHT WATCHERS INTERNATIONAL INC
CY2015Q2 dei Trading Symbol
TradingSymbol
WTW
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2015Q2 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2015Q2 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0499 pure
CY2015Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.381 pure
CY2015Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-7433000
CY2015Q2 dei Document Period End Date
DocumentPeriodEndDate
2015-04-04
CY2015Q2 dei Amendment Flag
AmendmentFlag
false
CY2015Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-02
CY2015Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56806000 shares
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2015Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000105319
CY2015Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4117000 shares
CY2015Q2 us-gaap Maximum Length Of Time Hedged In Cash Flow Hedge1
MaximumLengthOfTimeHedgedInCashFlowHedge1
P6Y
CY2015Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Segment
CY2015Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
249965000
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-9680000
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-12521000
CY2015Q2 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
13816000
CY2015Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
4776000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-22802000
CY2015Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3743000
CY2015Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4142000
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56806000 shares
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7638000
CY2015Q2 us-gaap Gross Profit
GrossProfit
157303000
CY2015Q2 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-595000
CY2015Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
65139000
CY2015Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
2000
CY2015Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-17027000
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-15869000
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17318000
CY2015Q2 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-120000
CY2015Q2 us-gaap Profit Loss
ProfitLoss
-5484000
CY2015Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1668000
CY2015Q2 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
0
CY2015Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2775000
CY2015Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
1658000
CY2015Q2 us-gaap Payments For Software
PaymentsForSoftware
9322000
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
18044000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-22303000
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-8859000
CY2015Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-54000
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-575000
CY2015Q2 us-gaap Revenues
Revenues
322103000
CY2015Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1444000
CY2015Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-5433000
CY2015Q2 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
10584000
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
51976000
CY2015Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1822000
CY2015Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
34487000
CY2015Q2 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0
CY2015Q2 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3142000
CY2015Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-193000
CY2015Q2 us-gaap Restructuring Charges
RestructuringCharges
5761000
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9218000
CY2015Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-90203000
CY2015Q2 us-gaap Cost Of Services
CostOfServices
130313000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3375000
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-6189000
CY2015Q2 us-gaap Cost Of Revenue
CostOfRevenue
164800000
CY2015Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13933000
CY2015Q2 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-4792000
CY2015Q2 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4251000
CY2015Q2 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-65141000
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-4883000
CY2015Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
15755000
CY2015Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19419000
CY2015Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
31104000
CY2015Q2 us-gaap Inventory Write Down
InventoryWriteDown
1952000
CY2015Q2 us-gaap Marketing Expense
MarketingExpense
87283000
CY2015Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-13487000
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-448000
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-448000
CY2015Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
291000
CY2015Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3273000
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-51000
CY2015Q2 us-gaap Severance Costs1
SeveranceCosts1
5761000
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2281000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-499000
CY2015Q2 wtw Severance Costs After Tax
SeveranceCostsAfterTax
3514000
CY2015Q2 wtw Product Sales And Other Revenue Net
ProductSalesAndOtherRevenueNet
72138000
CY2015Q2 wtw Franchise Rights Acquired Translation Adjustments
FranchiseRightsAcquiredTranslationAdjustments
-6216000
CY2015Q2 wtw Gains Losses On Extinguishment Of Debt Before Payments Of Debt Extinguishment Costs
GainsLossesOnExtinguishmentOfDebtBeforePaymentsOfDebtExtinguishmentCosts
5350000
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
78000 shares
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.403 pure
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
80850000
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56506000 shares
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2190000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56428000 shares
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-375000
CY2014Q1 us-gaap Gross Profit
GrossProfit
222900000
CY2014Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-209000
CY2014Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6000000
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
73000
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-9057000
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-13413000
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8557000
CY2014Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
3201000
CY2014Q1 us-gaap Profit Loss
ProfitLoss
21531000
CY2014Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6029000
CY2014Q1 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
10540000
CY2014Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
11919000
CY2014Q1 us-gaap Payments For Software
PaymentsForSoftware
3921000
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
51053000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12974000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
36061000
CY2014Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
53000
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-270000
CY2014Q1 us-gaap Revenues
Revenues
409358000
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2052000
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
155000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
21531000
CY2014Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
316697000
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-8182000
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-1300000
CY2014Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-751000
CY2014Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2014Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
12974000
CY2014Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10857000
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
243000
CY2014Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
26083000
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
56512000
CY2014Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1959000
CY2014Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
41849000
CY2014Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1000
CY2014Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-6791000
CY2014Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
299000
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6193000
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
57076000
CY2014Q1 us-gaap Cost Of Services
CostOfServices
144609000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14530000
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-5231000
CY2014Q1 us-gaap Cost Of Revenue
CostOfRevenue
186458000
CY2014Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11454000
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-6072000
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-925000
CY2014Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
13413000
CY2014Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7785000
CY2014Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
25262000
CY2014Q1 us-gaap Inventory Write Down
InventoryWriteDown
2939000
CY2014Q1 us-gaap Marketing Expense
MarketingExpense
115335000
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-17945000
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
0
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-500000
CY2014Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10193000
CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0
CY2014Q1 us-gaap Severance Costs1
SeveranceCosts1
3656000
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1448000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0
CY2014Q1 wtw Severance Costs After Tax
SeveranceCostsAfterTax
2235000
CY2014Q1 wtw Product Sales And Other Revenue Net
ProductSalesAndOtherRevenueNet
92661000
CY2014Q1 wtw Gains Losses On Extinguishment Of Debt Before Payments Of Debt Extinguishment Costs
GainsLossesOnExtinguishmentOfDebtBeforePaymentsOfDebtExtinguishmentCosts
0

Files In Submission

Name View Source Status
0001193125-15-188080-index-headers.html Edgar Link pending
0001193125-15-188080-index.html Edgar Link pending
0001193125-15-188080.txt Edgar Link pending
0001193125-15-188080-xbrl.zip Edgar Link pending
d908517d10q.htm Edgar Link pending
d908517dex101.htm Edgar Link pending
d908517dex311.htm Edgar Link pending
d908517dex312.htm Edgar Link pending
d908517dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g908517weight.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wtw-20150404.xml Edgar Link completed
wtw-20150404.xsd Edgar Link pending
wtw-20150404_cal.xml Edgar Link unprocessable
wtw-20150404_def.xml Edgar Link unprocessable
wtw-20150404_lab.xml Edgar Link unprocessable
wtw-20150404_pre.xml Edgar Link unprocessable