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GUITAR CENTER HOLDINGS, INC.

CIK: 1427553 SIC: 5731
$2.19B
Revenue
$-454.57M
Net Income
29.16%
Gross Margin
-13.42%
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 2 of 2 annual reports available (2011 - 2012)
Breakdown TTM
(Sep 30, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
+ Total Revenue $2.19B $2.14B $2.08B
Revenue Growth % 2.2% 2.7% nan%
Cost of Revenue $1.55B $1.50B $1.45B
+ Gross Profit $637.37M $643.39M $635.14M
Gross Margin % 29.2% 30.1% 30.5%
Selling General & Admin $568.34M $547.72M $579.23M
+ Operating Income $-293.37M $95.67M $-97.07M
Operating Margin % -13.4% 4.5% -4.7%
Interest Expense $345.38M $165.38M $161.25M
Interest Income $31.00K $34.00K $214.00K
Income Before Tax $-454.29M $-69.68M $-258.11M
Income Tax Expense $283.00K $2.49M $-21.17M
+ Net Income $-454.57M $-72.17M $-236.94M
Net Margin % -20.8% -3.4% -11.4%
Breakdown FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Cash & Cash Equivalents $74.84M $106.04M
Accounts Receivable $44.02M $44.73M
Inventory $564.96M $547.96M
Other Current Assets $23.29M $26.98M
Total Current Assets $710.26M $726.65M
Property Plant & Equipment $213.97M $209.10M
Goodwill $582.38M $582.38M
Intangible Assets $291.27M $320.14M
Other Non-current Assets $18.68M $20.80M
Total Assets $1.82B $1.86B
Accounts Payable $116.97M $120.01M
Accrued Liabilities $132.12M $128.79M
Total Current Liabilities $419.72M $280.43M
Long-term Debt $1.45B $1.56B
Other Non-current Liabilities $20.67M $18.69M
Total Liabilities $1.97B $1.94B
Common Stock $97.00K $97.00K
Retained Earnings $-782.92M $-710.75M
Total Stockholders Equity $-149.02M $-78.07M
Total Liabilities & Equity $1.82B $1.86B
Breakdown TTM
(Sep 30, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Depreciation & Amortization $131.72M $90.91M $106.20M
Stock-based Compensation $1.91M $1.08M $1.55M
Deferred Income Tax $-875.00K $549.00K $-25.42M
Change in Receivables $-2.31M $-717.00K $7.86M
Change in Inventory $-5.98M $17.00M $46.09M
Change in Payables $51.80M $-3.04M $15.30M
Capital Expenditure $76.89M $67.47M $57.32M
Debt Repayment $8.46M $647.00K $641.00K
Stock Repurchased - $39.00K $286.00K
SEC Filing Format - Data shown as it appears in the Q3 2013 (10-Q) filing Period ended: Sep 30, 2013
Condensed Consolidated Statements of Operations
Description Sep 30, 2013 Sep 30, 2013
Current Prior Year Current YTD Prior Year YTD
Total Revenue $520.68M $496.23M $1.56B $1.51B
Cost of Revenue $373.15M $348.87M $1.11B $1.05B
Gross Profit $147.53M $147.36M $451.38M $457.40M
Selling General & Admin $146.37M $131.38M $423.62M $403.00M
Operating Income $-358.94M $15.98M $-334.64M $54.40M
Interest Expense - - $223.71M $90.26M
Interest Income $7.00K $3.00K $27.00K $30.00K
Income Before Tax $-398.20M $-25.22M $-453.94M $-69.33M
Income Tax Expense $466.00K $434.00K $-903.00K $1.31M
Net Income $-398.67M $-25.66M $-453.03M $-70.63M
Condensed Consolidated Balance Sheets
Description Sep 30, 2013 Dec 31, 2012
Cash & Cash Equivalents $26.03M $74.84M
Accounts Receivable $43.04M $44.02M
Inventory $611.72M $564.96M
Other Current Assets $28.18M $23.29M
Total Current Assets $712.13M $710.26M
Property Plant & Equipment $206.60M $213.97M
Goodwill $222.52M $582.38M
Intangible Assets $272.61M $291.27M
Other Non-current Assets $18.96M $18.68M
Total Assets $1.43B $1.82B
Accounts Payable $152.18M $116.97M
Accrued Liabilities $138.42M $132.12M
Total Current Liabilities $327.61M $419.72M
Long-term Debt $1.61B $1.45B
Other Non-current Liabilities $21.67M $20.67M
Total Liabilities $2.03B $1.97B
Common Stock $97.00K $97.00K
Retained Earnings $-1.24B $-782.92M
Total Stockholders Equity $-601.37M $-149.02M
Total Liabilities & Equity $1.43B $1.82B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2013 Sep 30, 2013
Current Prior Year Current YTD Prior Year YTD
Depreciation & Amortization $22.18M $22.67M $65.20M $67.40M
Stock-based Compensation - - $681.00K $704.00K
Deferred Income Tax - - $-470.00K $-103.00K
Change in Receivables - - $-977.00K $1.38M
Change in Inventory - - $46.07M $99.37M
Change in Payables - - $35.18M $36.39M
Capital Expenditure $16.82M $16.32M $44.08M $48.78M
Acquisitions - - $1.14M -
Debt Repayment - - $4.45M $484.00K
Stock Repurchased - - - $39.00K

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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