10-Q Filing

TIMBERLAND CO CIK: 814361 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-045629`
Period End Date	20110331
Filing Date	20110505
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	tbl-20110401.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 36 Cash Flow Statement 67

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.86M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.30M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.59M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$289.84M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$272.22M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$238.54M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$265.27M	USD	Point-in-time
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $11,591 at April 1, 2011, $10,859 at December 31, 2010 and $12,299 at April 2, 2010	`ReceivablesNetCurrent`	$188.34M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $11,591 at April 1, 2011, $10,859 at December 31, 2010 and $12,299 at April 2, 2010	`ReceivablesNetCurrent`	$178.49M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $11,591 at April 1, 2011, $10,859 at December 31, 2010 and $12,299 at April 2, 2010	`ReceivablesNetCurrent`	$157.62M	USD	Point-in-time
Inventory	`InventoryNet`	$136.94M	USD	Point-in-time
Preferred Stock, authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Inventory	`InventoryNet`	$186.86M	USD	Point-in-time
Preferred Stock, authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Inventory	`InventoryNet`	$180.07M	USD	Point-in-time
Preferred Stock, authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred Stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$32.73M	USD	Point-in-time
Preferred Stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$29.37M	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$33.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$14.39M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$27.90M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$25.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$24.45M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$21.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$22.56M	USD	Point-in-time
Derivative assets	`DerivativeInstrumentsAndHedges`	$5.44M	USD	Point-in-time
Derivative assets	`DerivativeInstrumentsAndHedges`	$29.00K	USD	Point-in-time
Derivative assets	`DerivativeInstrumentsAndHedges`	$5.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$606.75M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$721.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$712.73M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$70.70M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$66.25M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$68.04M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$10.39M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$15.38M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$15.59M	USD	Point-in-time
Goodwill	`Goodwill`	$44.35M	USD	Point-in-time
Goodwill	`Goodwill`	$38.96M	USD	Point-in-time
Goodwill	`Goodwill`	$38.96M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$34.84M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$34.59M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$44.65M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$13.65M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$17.05M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$13.90M	USD	Point-in-time
Total assets	`Assets`	$791.03M	USD	Point-in-time
Total assets	`Assets`	$892.36M	USD	Point-in-time
Total assets	`Assets`	$884.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$91.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$67.49M	USD	Point-in-time
Payroll and related	`EmployeeRelatedLiabilitiesCurrent`	$21.51M	USD	Point-in-time
Payroll and related	`EmployeeRelatedLiabilitiesCurrent`	$47.38M	USD	Point-in-time
Payroll and related	`EmployeeRelatedLiabilitiesCurrent`	$23.39M	USD	Point-in-time
Other	`AccruedLiabilitiesCurrent`	$66.91M	USD	Point-in-time
Other	`AccruedLiabilitiesCurrent`	$80.67M	USD	Point-in-time
Other	`AccruedLiabilitiesCurrent`	$67.94M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$20.28M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$15.76M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$25.76M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$261.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liabilities	`DerivativeInstrumentsAndHedgesLiabilities`	$4.42M	USD	Point-in-time
Derivative liabilities	`DerivativeInstrumentsAndHedgesLiabilities`	$1.69M	USD	Point-in-time
Derivative liabilities	`DerivativeInstrumentsAndHedgesLiabilities`	$60.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$153.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$246.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$178.99M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$34.70M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$34.32M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$37.80M	USD	Point-in-time
Preferred Stock, $.01 par value; 2,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $.01 par value; 2,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $.01 par value; 2,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$280.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$319.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$268.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.07B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.00B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.67M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.57M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.45M	USD	Point-in-time
Treasury Stock at cost; 35,630,635 Class A shares at April 1, 2011, 35,610,050 Class A shares at December 31, 2010 and 32,177,071 Class A shares at April 2, 2010	`TreasuryStockValue`	$748.26M	USD	Point-in-time
Treasury Stock at cost; 35,630,635 Class A shares at April 1, 2011, 35,610,050 Class A shares at December 31, 2010 and 32,177,071 Class A shares at April 2, 2010	`TreasuryStockValue`	$747.48M	USD	Point-in-time
Treasury Stock at cost; 35,630,635 Class A shares at April 1, 2011, 35,610,050 Class A shares at December 31, 2010 and 32,177,071 Class A shares at April 2, 2010	`TreasuryStockValue`	$681.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$599.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$611.51M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$670.73M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$884.42M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$892.36M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$791.03M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$317.04M	USD	1 Quarter
Revenue	`Revenues`	$349.00M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$185.69M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$159.06M	USD	1 Quarter
Gross profit	`GrossProfit`	$157.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$163.31M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$92.70M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$103.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.35M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.90M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$118.59M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$135.43M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$27.89M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$39.39M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$74.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$131.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$140.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$188.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-133.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$1.68M	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$1.62M	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$-199.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.51M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$39.19M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.54M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.75M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	50.91M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	54.17M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.64M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$17.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.75M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.35M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.51M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.56M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.54M	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.47M	USD	1 Quarter
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$648.00K	USD	1 Quarter
Excess tax benefit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$55.00K	USD	1 Quarter
Excess tax benefit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$4.20M	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$-382.00K	USD	1 Quarter
Unrealized (gain)/loss on derivatives	`UnrealizedGainLossOnDerivatives`	$163.00K	USD	1 Quarter
Other non-cash charges/(credits), net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$53.00K	USD	1 Quarter
Other non-cash charges/(credits), net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-258.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$13.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-11.64M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-20.62M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$7.17M	USD	1 Quarter
Prepaid expense and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.81M	USD	1 Quarter
Prepaid expense and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.72M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-23.42M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-37.06M	USD	1 Quarter
Accrued expense	`IncreaseDecreaseInAccruedLiabilities`	$-37.05M	USD	1 Quarter
Accrued expense	`IncreaseDecreaseInAccruedLiabilities`	$-34.15M	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$2.81M	USD	1 Quarter
Prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$2.60M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-6.66M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-325.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$837.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$284.00K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.34M	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.32M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.82M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.65M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-23.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-662.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.79M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.99M	USD	1 Quarter
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$19.51M	USD	1 Quarter
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$915.00K	USD	1 Quarter
Issuance of common stock	`ProceedsFromStockOptionsExercised`	$31.40M	USD	1 Quarter
Issuance of common stock	`ProceedsFromStockOptionsExercised`	$719.00K	USD	1 Quarter
Excess tax benefit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.20M	USD	1 Quarter
Excess tax benefit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$303.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-785.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-451.00K	USD	1 Quarter
Net cash provided/(used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.90M	USD	1 Quarter
Net cash provided/(used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.94M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.25M	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.48M	USD	1 Quarter
Net decrease in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.95M	USD	1 Quarter
Net decrease in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-51.30M	USD	1 Quarter
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$289.84M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$272.22M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$238.54M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$265.27M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$289.84M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$272.22M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$238.54M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$265.27M	USD	Point-in-time
Interest paid	`InterestPaid`	$221.00K	USD	1 Quarter
Interest paid	`InterestPaid`	$173.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	$13.78M	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	$14.48M	USD	1 Quarter
Non-cash investing activity (ERP system costs on account)	`CapitalExpendituresIncurredButNotYetPaid`	$1.70M	USD	1 Quarter

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