10-Q Filing

OXFORD INDUSTRIES INC CIK: 75288 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000075288-21-000008`
Period End Date	20210430
Filing Date	20210610
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	oxm-20210501x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 33 Cash Flow Statement 56 Comprehensive Income 9

Balance Sheet 84 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`	$92.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$181.78M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$50.27M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$67.66M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$30.42M	USD	Point-in-time
Inventories, net	`InventoryNet`	$169.50M	USD	Point-in-time
Inventories, net	`InventoryNet`	$123.54M	USD	Point-in-time
Inventories, net	`InventoryNet`	$108.81M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$17.83M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$790.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$17.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.36M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.37M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$258.32M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$423.69M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$308.74M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$188.57M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$159.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$157.55M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$155.97M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$156.19M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$157.01M	USD	Point-in-time
Goodwill	`Goodwill`	$23.80M	USD	Point-in-time
Goodwill	`Goodwill`	$23.93M	USD	Point-in-time
Goodwill	`Goodwill`	$23.91M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$233.78M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$274.78M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$221.65M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$29.61M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$33.15M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$33.71M	USD	Point-in-time
Total Assets	`Assets`	$1.10B	USD	Point-in-time
Total Assets	`Assets`	$865.63M	USD	Point-in-time
Total Assets	`Assets`	$900.98M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$72.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$71.15M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$18.90M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$11.37M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$31.58M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$60.89M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$60.23M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$66.13M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherAccruedLiabilitiesCurrent`	$60.96M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherAccruedLiabilitiesCurrent`	$45.32M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherAccruedLiabilitiesCurrent`	$35.19M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$196.25M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$153.13M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$225.09M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$207.62M	USD	Point-in-time
Non-current portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$239.96M	USD	Point-in-time
Non-current portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$226.36M	USD	Point-in-time
Non-current portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$271.81M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$21.27M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$23.69M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$17.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$363.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$9.12M	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.89M	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.72M	USD	Point-in-time
Common stock, $1.00 par value per share	`CommonStockValue`	$16.89M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$156.07M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$156.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$149.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$258.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$236.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$277.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.27M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.66M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.25M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$528.60M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$431.55M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$418.95M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$438.69M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$427.90M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$405.73M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$865.63M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$900.98M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$265.76M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.34M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$99.18M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$66.27M	USD	1 Quarter
Gross profit	`GrossProfit`	$166.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.07M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$123.00M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$137.12M	USD	1 Quarter
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$60.45M	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$5.43M	USD	1 Quarter
Royalties and other operating income	`RoyaltiesAndOtherOperatingIncome`	$3.89M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$34.89M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-85.49M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-252.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-658.00K	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.64M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-86.15M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$6.17M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-19.36M	USD	1 Quarter
Net earnings (loss), basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$28.47M	USD	1 Quarter
Net earnings (loss), basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-66.78M	USD	1 Quarter
Net earnings (loss), diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-66.78M	USD	1 Quarter
Net earnings (loss), diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$28.47M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-4.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.72	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-4.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.70	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.61M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.59M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.79M	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 earnings (loss)	`ProfitLoss`	$28.47M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$-66.78M	USD	1 Quarter
Depreciation	`Depreciation`	$9.46M	USD	1 Quarter
Depreciation	`Depreciation`	$10.41M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$220.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$283.00K	USD	1 Quarter
Impairment of goodwill and intangible assets	`GoodwillAndIntangibleAssetImpairment`	$60.45M	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$2.23M	USD	1 Quarter
Equity compensation expense	`ShareBasedCompensation`	$1.68M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$86.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$86.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-7.42M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.58M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$37.22M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$-7.67M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$17.55M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-14.90M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-72.00K	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-145.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.98M	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`	$27.21M	USD	1 Quarter
Other balance sheet changes	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$14.03M	USD	1 Quarter
Other balance sheet changes	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$4.10M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.01M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-45.85M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.59M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.92M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$500.00K	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.42M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.59M	USD	1 Quarter
Repayment of revolving credit arrangements	`RepaymentsOfLinesOfCredit`	$22.77M	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`	$322.00K	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`	$2.98M	USD	1 Quarter
Repurchase of equity awards for employee tax withholding liabilities	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.87M	USD	1 Quarter
Cash dividends declared and paid	`PaymentsOfDividendsCommonStock`	$6.25M	USD	1 Quarter
Cash dividends declared and paid	`PaymentsOfDividendsCommonStock`	$4.19M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-749.00K	USD	1 Quarter
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$183.91M	USD	1 Quarter
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.66M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$25.92M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$129.47M	USD	1 Quarter
Effect of foreign currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.00K	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`	$92.09M	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 beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.78M	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.01M	USD	Point-in-time
Cash and cash equivalents at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.09M	USD	Point-in-time
Cash and cash equivalents at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.46M	USD	Point-in-time
Cash and cash equivalents at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.78M	USD	Point-in-time
Cash and cash equivalents at the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.01M	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net earnings (loss)	`NetIncomeLoss`	$-66.78M	USD	1 Quarter
Net earnings (loss)	`NetIncomeLoss`	$28.47M	USD	1 Quarter
Net foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-591.00K	USD	1 Quarter
Net foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$391.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-11.45M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-67.38M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-10.72M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$28.86M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-5.15M	USD	1 Quarter

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