10-Q Filing

OXFORD INDUSTRIES INC CIK: 75288 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000075288-20-000005`
Period End Date	20200430
Filing Date	20200611
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	oxm-20200502x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 33 Cash Flow Statement 56 Comprehensive Income 9

Balance Sheet 88 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`	$181.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$52.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.50M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$85.86M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$58.72M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$51.05M	USD	Point-in-time
Inventories, net	`InventoryNet`	$157.22M	USD	Point-in-time
Inventories, net	`InventoryNet`	$169.50M	USD	Point-in-time
Inventories, net	`InventoryNet`	$152.23M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.59M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.41M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.37M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$273.17M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$423.69M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$288.83M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$191.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$188.57M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$191.52M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$176.18M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$175.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$175.88M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$157.01M	USD	Point-in-time
Goodwill	`Goodwill`	$66.60M	USD	Point-in-time
Goodwill	`Goodwill`	$23.80M	USD	Point-in-time
Goodwill	`Goodwill`	$66.58M	USD	Point-in-time
Goodwill	`Goodwill`	$66.62M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$274.78M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$287.18M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$294.13M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$29.61M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$23.54M	USD	Point-in-time
Other non-current assets, net	`OtherAssetsNoncurrent`	$24.26M	USD	Point-in-time
Total Assets	`Assets`	$1.10B	USD	Point-in-time
Total Assets	`Assets`	$1.03B	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`	$65.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.43M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$11.37M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$19.36M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$19.72M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$53.68M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$66.13M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$50.20M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$40.78M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$35.19M	USD	Point-in-time
Other accrued expenses and liabilities	`OtherAccruedLiabilitiesCurrent`	$42.73M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$166.30M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$177.78M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$153.13M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$207.62M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$33.18M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$295.40M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$291.89M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$271.81M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$18.57M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$17.10M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$16.71M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$19.66M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$9.12M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$16.54M	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`	$17.04M	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`	$16.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$149.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$149.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$142.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$277.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$338.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$366.79M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.66M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.48M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$528.60M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$478.36M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$518.95M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$516.82M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$438.69M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$493.17M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.03B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$281.97M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.34M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$116.20M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$66.27M	USD	1 Quarter
Gross profit	`GrossProfit`	$165.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.07M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$139.81M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$123.00M	USD	1 Quarter
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$60.45M	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$3.79M	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$3.89M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$29.74M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-85.49M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-671.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-658.00K	USD	1 Quarter
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.07M	USD	1 Quarter
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-86.15M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-19.36M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$7.41M	USD	1 Quarter
Net (loss) earnings, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.66M	USD	1 Quarter
Net (loss) earnings, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-66.78M	USD	1 Quarter
Net (loss) earnings, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$21.66M	USD	1 Quarter
Net (loss) earnings, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-66.78M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-4.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-4.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.71M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.61M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.37	USD	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`ProfitLoss`	$-66.78M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$21.66M	USD	1 Quarter
Depreciation	`Depreciation`	$9.85M	USD	1 Quarter
Depreciation	`Depreciation`	$10.41M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.17M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$283.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$292.00K	USD	1 Quarter
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$60.45M	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$1.68M	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$1.88M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$86.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$106.00K	USD	1 Quarter
Deferred income taxes (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-7.42M	USD	1 Quarter
Deferred income taxes (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$1.02M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$17.09M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$-7.74M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-3.21M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$17.55M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.81M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.03M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-24.75M	USD	1 Quarter
Current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-29.17M	USD	1 Quarter
Other balance sheet changes	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$14.03M	USD	1 Quarter
Other balance sheet changes	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-356.00K	USD	1 Quarter
Cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-45.85M	USD	1 Quarter
Cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.09M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.59M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.28M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.59M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.28M	USD	1 Quarter
Repayment of revolving credit arrangements	`RepaymentsOfLinesOfCredit`	$77.32M	USD	1 Quarter
Repayment of revolving credit arrangements	`RepaymentsOfLinesOfCredit`	$22.77M	USD	1 Quarter
Proceeds from revolving credit arrangements	`ProceedsFromLinesOfCredit`	$97.51M	USD	1 Quarter
Proceeds from revolving credit arrangements	`ProceedsFromLinesOfCredit`	$230.39M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$18.05M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$422.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$406.00K	USD	1 Quarter
Repurchase of equity awards for employee tax withholding liabilities	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.87M	USD	1 Quarter
Repurchase of equity awards for employee tax withholding liabilities	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.45M	USD	1 Quarter
Cash dividends declared and paid	`PaymentsOfDividendsCommonStock`	$6.30M	USD	1 Quarter
Cash dividends declared and paid	`PaymentsOfDividendsCommonStock`	$4.19M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-282.00K	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.58M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$183.91M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$129.47M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.79M	USD	1 Quarter
Effect of foreign currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-35.00K	USD	1 Quarter
Effect of foreign currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-153.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.50M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.78M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.33M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.46M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.50M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.78M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.33M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.46M	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`NetIncomeLoss`	$21.66M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-66.78M	USD	1 Quarter
Net foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-591.00K	USD	1 Quarter
Net foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-388.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$1.84M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$29.70M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$21.27M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$16.11M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-67.38M	USD	1 Quarter

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