10-Q Filing

OXFORD INDUSTRIES INC CIK: 75288 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0000075288-19-000049`
Period End Date	20190430
Filing Date	20190613
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	oxm-20190504.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 30 Cash Flow Statement 60 Comprehensive Income 6

Balance Sheet 80 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`	$5.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.34M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$69.04M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$85.86M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$81.27M	USD	Point-in-time
Inventories, net	`InventoryNet`	$132.34M	USD	Point-in-time
Inventories, net	`InventoryNet`	$157.22M	USD	Point-in-time
Inventories, net	`InventoryNet`	$160.66M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$31.77M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$31.99M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$24.59M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$250.27M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$273.17M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$269.79M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$191.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$192.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$196.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$178.11M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$175.88M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$176.18M	USD	Point-in-time
Goodwill	`Goodwill`	$66.60M	USD	Point-in-time
Goodwill	`Goodwill`	$66.58M	USD	Point-in-time
Goodwill	`Goodwill`	$66.62M	USD	Point-in-time
Right of use lease assets	`OperatingLeaseRightOfUseAsset`	$294.13M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$25.04M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$22.09M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$23.54M	USD	Point-in-time
Total Assets	`Assets`	$727.25M	USD	Point-in-time
Total Assets	`Assets`	$716.73M	USD	Point-in-time
Total Assets	`Assets`	$1.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$52.12M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$81.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$51.62M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$24.23M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$19.15M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$19.72M	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$53.68M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$40.42M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$36.37M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$40.78M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$111.19M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$166.30M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$142.21M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$72.24M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$12.99M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$33.18M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$295.40M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$75.29M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$73.59M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$16.71M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$18.41M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$16.05M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$19.66M	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`	$17.02M	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.96M	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$142.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$136.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$142.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$295.09M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$323.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$338.88M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.48M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.66M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.09M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$493.17M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$429.82M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$478.36M	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$443.67M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$716.73M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$727.25M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$272.63M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$281.97M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$116.20M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$108.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$164.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$165.77M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$139.72M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$139.81M	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$3.95M	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$3.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$28.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$29.74M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-671.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-781.00K	USD	1 Quarter
Earnings before income taxes	`IncomeLossAttributableToParent`	$27.59M	USD	1 Quarter
Earnings before income taxes	`IncomeLossAttributableToParent`	$29.07M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$7.41M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$7.03M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.57M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.66M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.24	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.23	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.77M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.85M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.34	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.37	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.57M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.66M	USD	1 Quarter
Depreciation	`Depreciation`	$9.44M	USD	1 Quarter
Depreciation	`Depreciation`	$9.85M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$691.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$292.00K	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$1.88M	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$1.72M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$106.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$106.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$660.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.02M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$13.79M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$17.09M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-3.21M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$5.76M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-1.81M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-3.40M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-29.17M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-23.43M	USD	1 Quarter
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-356.00K	USD	1 Quarter
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$736.00K	USD	1 Quarter
Cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.14M	USD	1 Quarter
Cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.09M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$302.00K	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.84M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.28M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.28M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.14M	USD	1 Quarter
Repayment of revolving credit arrangements	`RepaymentsOfLinesOfCredit`	$77.32M	USD	1 Quarter
Repayment of revolving credit arrangements	`RepaymentsOfLinesOfCredit`	$64.27M	USD	1 Quarter
Proceeds from revolving credit arrangements	`ProceedsFromLinesOfCredit`	$90.70M	USD	1 Quarter
Proceeds from revolving credit arrangements	`ProceedsFromLinesOfCredit`	$97.51M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$422.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$385.00K	USD	1 Quarter
Repurchase of equity awards for employee tax withholding liabilities	`PaymentsForRepurchaseOfEquity`	$2.37M	USD	1 Quarter
Repurchase of equity awards for employee tax withholding liabilities	`PaymentsForRepurchaseOfEquity`	$2.45M	USD	1 Quarter
Cash dividends declared and paid	`PaymentsOfDividendsCommonStock`	$5.76M	USD	1 Quarter
Cash dividends declared and paid	`PaymentsOfDividendsCommonStock`	$6.30M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-282.00K	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.69M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.58M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.79M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.59M	USD	1 Quarter
Effect of foreign currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-86.00K	USD	1 Quarter
Effect of foreign currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-35.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$5.50M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.33M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.66M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.34M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.50M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.33M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.66M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.34M	USD	Point-in-time
Cash paid for interest, net	`InterestPaidNet`	$635.00K	USD	1 Quarter
Cash paid for interest, net	`InterestPaidNet`	$514.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$534.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$334.00K	USD	1 Quarter

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.57M	USD	1 Quarter
Net earnings	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.66M	USD	1 Quarter
Net foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-581.00K	USD	1 Quarter
Net foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-388.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.27M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.99M	USD	1 Quarter

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