2016 Q2 Form 10-Q Financial Statement

#000119312516585462 Filed on May 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $306.9M $322.1M
YoY Change -4.72% -18.98%
Cost Of Revenue $157.2M $164.8M
YoY Change -4.59% -4.04%
Gross Profit $149.7M $157.3M
YoY Change -4.85% -30.34%
Gross Profit Margin 48.77% 48.84%
Selling, General & Admin $49.60M $51.98M
YoY Change -4.57% -20.06%
% of Gross Profit 33.14% 33.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.53M $13.90M
YoY Change 4.54% 14.88%
% of Gross Profit 9.71% 8.84%
Operating Expenses $49.60M $51.98M
YoY Change -4.57% -20.06%
Operating Profit $13.56M $18.04M
YoY Change -24.87% -84.25%
Interest Expense -$30.00M -$31.10M
YoY Change -3.54% -0.32%
% of Operating Profit -221.29% -172.36%
Other Income/Expense, Net $65.00K -$575.0K
YoY Change -111.3% -35.32%
Pretax Income -$16.40M -$8.859M
YoY Change 85.16% -110.74%
Income Tax -$5.603M -$3.375M
% Of Pretax Income
Net Earnings -$10.75M -$5.433M
YoY Change 97.92% -110.06%
Net Earnings / Revenue -3.5% -1.69%
Basic Earnings Per Share -$0.17 -$0.10
Diluted Earnings Per Share -$0.17 -$0.10
COMMON SHARES
Basic Shares Outstanding 63.55M shares 56.81M shares
Diluted Shares Outstanding 63.55M shares 56.81M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $127.8M $211.0M
YoY Change -39.43% -23.69%
Cash & Equivalents $127.8M $211.0M
Short-Term Investments
Other Short-Term Assets $56.00M $74.90M
YoY Change -25.23% 30.72%
Inventory $29.78M $28.11M
Prepaid Expenses
Receivables $27.70M $31.20M
Other Receivables $0.00 $0.00
Total Short-Term Assets $241.2M $345.2M
YoY Change -30.12% -13.6%
LONG-TERM ASSETS
Property, Plant & Equipment $55.24M $72.11M
YoY Change -23.39% -11.08%
Goodwill $163.9M $167.7M
YoY Change -2.28% 46.08%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.44M $4.034M
YoY Change 208.48% 47.17%
Total Long-Term Assets $1.049B $1.101B
YoY Change -4.72% -2.27%
TOTAL ASSETS
Total Short-Term Assets $241.2M $345.2M
Total Long-Term Assets $1.049B $1.101B
Total Assets $1.290B $1.446B
YoY Change -10.78% -5.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $68.96M $56.93M
YoY Change 21.13% 50.14%
Accrued Expenses $136.1M $157.3M
YoY Change -13.48% -6.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $69.00M $250.2M
YoY Change -72.42% 733.95%
Total Short-Term Liabilities $414.9M $606.2M
YoY Change -31.55% 57.15%
LONG-TERM LIABILITIES
Long-Term Debt $1.993B $2.037B
YoY Change -2.18% -13.17%
Other Long-Term Liabilities $23.04M $17.52M
YoY Change 31.48% 5.83%
Total Long-Term Liabilities $2.016B $2.055B
YoY Change -1.89% -13.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $414.9M $606.2M
Total Long-Term Liabilities $2.016B $2.055B
Total Liabilities $2.587B $2.832B
YoY Change -8.63% -3.17%
SHAREHOLDERS EQUITY
Retained Earnings $1.979B $1.898B
YoY Change 4.31% 2.29%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.241B $3.251B
YoY Change -0.32% -0.11%
Treasury Stock Shares 55.12M shares 55.41M shares
Shareholders Equity -$1.302B -$1.390B
YoY Change
Total Liabilities & Shareholders Equity $1.290B $1.446B
YoY Change -10.78% -5.24%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income -$10.75M -$5.433M
YoY Change 97.92% -110.06%
Depreciation, Depletion And Amortization $14.53M $13.90M
YoY Change 4.54% 14.88%
Cash From Operating Activities $43.30M -$7.400M
YoY Change -685.14% -111.46%
INVESTING ACTIVITIES
Capital Expenditures $1.060M $1.444M
YoY Change -26.59% -115.36%
Acquisitions $0.00 $2.775M
YoY Change -100.0%
Other Investing Activities $87.00K -$54.00K
YoY Change -261.11% -98.83%
Cash From Investing Activities -$9.000M -$13.50M
YoY Change -33.33% -4.26%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00 $2.000K
YoY Change -100.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $149.6M $65.14M
YoY Change 129.62%
Cash From Financing Activities -149.6M -65.10M
YoY Change 129.8% 1022.41%
NET CHANGE
Cash From Operating Activities 43.30M -7.400M
Cash From Investing Activities -9.000M -13.50M
Cash From Financing Activities -149.6M -65.10M
Net Change In Cash -115.3M -86.00M
YoY Change 34.07% -292.39%
FREE CASH FLOW
Cash From Operating Activities $43.30M -$7.400M
Capital Expenditures $1.060M $1.444M
Free Cash Flow $42.24M -$8.844M
YoY Change -577.61% -111.95%

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WEIGHT WATCHERS INTERNATIONAL INC
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CY2016Q2 dei Document Fiscal Year Focus
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CY2016Q2 wtw Gains Losses On Extinguishment Of Debt Before Payments Of Debt Extinguishment Costs
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