10-Q Filing

OXFORD INDUSTRIES INC CIK: 75288 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0000075288-14-000025`
Period End Date	20140430
Filing Date	20140612
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	oxm-20140503.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 32 Cash Flow Statement 64 Comprehensive Income 10

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.48M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$89.64M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$75.28M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$82.20M	USD	Point-in-time
Inventories, net	`InventoryNet`	$128.26M	USD	Point-in-time
Inventories, net	`InventoryNet`	$95.80M	USD	Point-in-time
Inventories, net	`InventoryNet`	$143.71M	USD	Point-in-time
Prepaid expenses, net	`PrepaidExpenseCurrent`	$23.09M	USD	Point-in-time
Prepaid expenses, net	`PrepaidExpenseCurrent`	$23.21M	USD	Point-in-time
Prepaid expenses, net	`PrepaidExpenseCurrent`	$21.51M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$20.69M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$20.46M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$21.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$248.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$271.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$271.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$139.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$135.61M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$141.52M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$173.02M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$163.81M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$173.20M	USD	Point-in-time
Goodwill	`Goodwill`	$17.27M	USD	Point-in-time
Goodwill	`Goodwill`	$17.44M	USD	Point-in-time
Goodwill	`Goodwill`	$17.40M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$24.65M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$24.33M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$23.21M	USD	Point-in-time
Total Assets	`Assets`	$626.54M	USD	Point-in-time
Total Assets	`Assets`	$627.30M	USD	Point-in-time
Total Assets	`Assets`	$588.41M	USD	Point-in-time
Accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$55.20M	USD	Point-in-time
Accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$75.53M	USD	Point-in-time
Accounts payable	`AccountsPayableAndAccruedLiabilitiesCurrent`	$49.86M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$17.33M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$18.41M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$14.65M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$6.58M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$11.44M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$31.64M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$26.03M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$27.92M	USD	Point-in-time
Contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueAtBalanceSheetDateCurrent`	$12.29M	USD	Point-in-time
Contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueAtBalanceSheetDateCurrent`	$2.50M	USD	Point-in-time
Contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueAtBalanceSheetDateCurrent`	-	USD	Point-in-time
Short-term debt	`DebtCurrent`	$5.83M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$3.38M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$3.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$131.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$133.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.26M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$138.60M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$137.59M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$159.29M	USD	Point-in-time
Non-current contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueAtBalanceSheetDateNoncurrent`	$14.52M	USD	Point-in-time
Non-current contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueAtBalanceSheetDateNoncurrent`	$12.22M	USD	Point-in-time
Non-current contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueAtBalanceSheetDateNoncurrent`	-	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$51.52M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$50.84M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$46.34M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$33.58M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$35.50M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$32.76M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.45M	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.42M	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$114.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$111.88M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$114.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$164.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$131.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$153.34M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-24.88M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.62M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-24.59M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.86M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$234.50M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$272.24M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$260.16M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$626.54M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$588.41M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$627.30M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$257.65M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$234.20M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$100.13M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$110.32M	USD	1 Quarter
Gross profit	`GrossProfit`	$134.07M	USD	1 Quarter
Gross profit	`GrossProfit`	$147.33M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$123.23M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$113.03M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$69.00K	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$69.00K	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$4.44M	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$5.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$26.06M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$28.47M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.07M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$936.00K	USD	1 Quarter
Net earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$25.12M	USD	1 Quarter
Net earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.40M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$11.50M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$12.43M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.97M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.62M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.42M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.59M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.45M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.61M	shares	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.21	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.97M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.62M	USD	1 Quarter
Depreciation	`Depreciation`	$8.51M	USD	1 Quarter
Depreciation	`Depreciation`	$7.01M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$211.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$624.00K	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$69.00K	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$69.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$108.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$108.00K	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$595.00K	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$782.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.44M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-647.00K	USD	1 Quarter
Excess tax benefits related to equity-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$5.99M	USD	1 Quarter
Excess tax benefits related to equity-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$14.12M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$19.71M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-13.60M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-15.85M	USD	1 Quarter
Prepaid expenses, net	`IncreaseDecreaseInPrepaidExpense`	$171.00K	USD	1 Quarter
Prepaid expenses, net	`IncreaseDecreaseInPrepaidExpense`	$2.00M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-17.38M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-12.14M	USD	1 Quarter
Other non-current assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$380.00K	USD	1 Quarter
Other non-current assets, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$124.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.77M	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-716.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.58M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.55M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.86M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.70M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-13.86M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.70M	USD	1 Quarter
Repayment of revolving credit arrangements	`RepaymentsOfLinesOfCredit`	$67.43M	USD	1 Quarter
Repayment of revolving credit arrangements	`RepaymentsOfLinesOfCredit`	$85.10M	USD	1 Quarter
Proceeds from revolving credit arrangements	`ProceedsFromLinesOfCredit`	$85.41M	USD	1 Quarter
Proceeds from revolving credit arrangements	`ProceedsFromLinesOfCredit`	$116.17M	USD	1 Quarter
Payment of contingent consideration amounts earned	`BusinessAcquisitionContingentConsiderationCashPaidDuringThePeriod`	-	USD	1 Quarter
Payment of contingent consideration amounts earned	`BusinessAcquisitionContingentConsiderationCashPaidDuringThePeriod`	$2.50M	USD	1 Quarter
Proceeds from issuance of common stock, including excess tax benefits	`ProceedsAndExcessTaxBenefitFromSharebasedCompensation`	$6.21M	USD	1 Quarter
Proceeds from issuance of common stock, including excess tax benefits	`ProceedsAndExcessTaxBenefitFromSharebasedCompensation`	$228.00K	USD	1 Quarter
Repurchase of equity awards for employee tax withholding liabilities	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Repurchase of equity awards for employee tax withholding liabilities	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.64M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.02M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.46M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$39.30M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-5.43M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$420.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$20.86M	USD	1 Quarter
Effect of foreign currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-335.00K	USD	1 Quarter
Effect of foreign currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-48.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.57M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.52M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$28.32M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.48M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.57M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.52M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$28.32M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.48M	USD	Point-in-time
Cash paid for interest, net	`InterestPaidNet`	$969.00K	USD	1 Quarter
Cash paid for interest, net	`InterestPaidNet`	$860.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$8.11M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.11M	USD	1 Quarter

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.97M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.62M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodAfterReclassificationNetOfTax`	$94.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodAfterReclassificationNetOfTax`	$-661.00K	USD	1 Quarter
Net unrealized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodAfterReclassificationNetOfTax`	$-341.00K	USD	1 Quarter
Net unrealized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodAfterReclassificationNetOfTax`	$362.00K	USD	1 Quarter
Total other comprehensive income, net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-247.00K	USD	1 Quarter
Total other comprehensive income, net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-299.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.32M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.