10-Q/A Filing

LOGITECH INTERNATIONAL S.A. CIK: 1032975 Q1 2010

Filing Information

Form Type	10-Q/A
Accession Number	`0001032975-10-000019`
Period End Date	20100630
Filing Date	20100825
Fiscal Year	2010
Fiscal Period	Q1
XBRL Instance	logi-20100630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 36 Cash Flow Statement 52 Stockholders Equity 36

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$317.31M	USD	Point-in-time
Share, par value CHF	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Share, par value CHF	`CommonStockParOrStatedValuePerShare`	0.25	CHF	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$567.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$492.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$319.94M	USD	Point-in-time
Shares, issued	`CommonStockSharesIssued`	191.61M	shares	Point-in-time
Shares, issued	`CommonStockSharesIssued`	191.61M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$195.25M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$213.57M	USD	Point-in-time
Shares, authorized	`CommonStockSharesAuthorized`	191.61M	shares	Point-in-time
Inventories	`InventoryNet`	$219.59M	USD	Point-in-time
Inventories	`InventoryNet`	$279.80M	USD	Point-in-time
Shares, authorized	`CommonStockSharesAuthorized`	191.61M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$63.03M	USD	Point-in-time
Shares, conditionally authorized	`SharesConditionallyAuthorized`	50.00M	shares	Point-in-time
Shares, conditionally authorized	`SharesConditionallyAuthorized`	50.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$58.88M	USD	Point-in-time
Treasury, shares	`TreasuryStockShares`	15.84M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$873.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$793.66M	USD	Point-in-time
Treasury, shares	`TreasuryStockShares`	16.43M	shares	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$87.69M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$91.23M	USD	Point-in-time
Goodwill	`Goodwill`	$553.46M	USD	Point-in-time
Goodwill	`Goodwill`	$553.46M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$88.49M	USD	Point-in-time
Other intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$95.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$65.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$68.14M	USD	Point-in-time
Total assets	`Assets`	$1.67B	USD	Point-in-time
Total assets	`Assets`	$1.60B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$316.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$257.95M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$175.09M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$182.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$440.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$491.97M	USD	Point-in-time
Other liabilities	`LiabilitiesNoncurrent`	$159.67M	USD	Point-in-time
Other liabilities	`LiabilitiesNoncurrent`	$152.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$644.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$599.96M	USD	Point-in-time
Shares, par value CHF 0.25 - 191,606,620 issued and authorized and 50,000,000 conditionally authorized at June 30, 2010 and March 31, 2010	`CommonStockValue`	$33.37M	USD	Point-in-time
Shares, par value CHF 0.25 - 191,606,620 issued and authorized and 50,000,000 conditionally authorized at June 30, 2010 and March 31, 2010	`CommonStockValue`	$33.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$12.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$14.88M	USD	Point-in-time
Less shares in treasury, at cost, 15,843,442 at June 30, 2010 and 16,435,528 at March 31, 2010	`TreasuryStockValue`	$366.46M	USD	Point-in-time
Less shares in treasury, at cost, 15,843,442 at June 30, 2010 and 16,435,528 at March 31, 2010	`TreasuryStockValue`	$382.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.41B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.43B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-77.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-72.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$997.71M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$999.72M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$971.22M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.67B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$326.11M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$479.33M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$310.30M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$248.29M	USD	1 Quarter
Gross profit	`GrossProfit`	$77.82M	USD	1 Quarter
Gross profit	`GrossProfit`	$169.03M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$58.94M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$91.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.39M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$31.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.36M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$1.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$157.23M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$112.93M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-35.11M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$11.80M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$521.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$592.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$802.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$1.80M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-33.71M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.12M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-5.40M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$3.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$19.52M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-37.37M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.21	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.21	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	179.75M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	175.49M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.75M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	177.36M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$19.52M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-37.37M	USD	1 Quarter
Depreciation	`Depreciation`	$11.48M	USD	1 Quarter
Depreciation	`Depreciation`	$12.34M	USD	1 Quarter
Amortization of other intangible assets	`AmortizationOfIntangibleAssets`	$6.91M	USD	1 Quarter
Amortization of other intangible assets	`AmortizationOfIntangibleAssets`	$2.33M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$5.41M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$8.46M	USD	1 Quarter
Gain on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-838.00K	USD	1 Quarter
Gain on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-288.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-421.00K	USD	1 Quarter
Loss (gain) on cash surrender value of life insurance policies	`LifeInsuranceCorporateOrBankOwnedChangeInValue`	$-440.00K	USD	1 Quarter
Loss (gain) on cash surrender value of life insurance policies	`LifeInsuranceCorporateOrBankOwnedChangeInValue`	$384.00K	USD	1 Quarter
Deferred income taxes and other	`DeferredIncomeTaxExpenseBenefit`	$-292.00K	USD	1 Quarter
Deferred income taxes and other	`DeferredIncomeTaxExpenseBenefit`	$-568.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-18.40M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$46.43M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-66.02M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$317.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.95M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.14M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$60.52M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$45.07M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-10.30M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.10M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$75.53M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-7.70M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-11.92M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromLifeInsurancePolicies`	-	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromLifeInsurancePolicies`	$-2.69M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.23M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.70M	USD	1 Quarter
Proceeds from sale of shares upon exercise of options and purchase rights	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.12M	USD	1 Quarter
Proceeds from sale of shares upon exercise of options and purchase rights	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.40M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$288.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$421.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.54M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.69M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.14M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.04M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.63M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$74.66M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$317.31M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$567.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$492.76M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$319.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$317.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$567.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$492.76M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$319.94M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$997.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$999.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$971.22M	USD	Point-in-time
Balance (registered shares)	`CommonStockValue`	$33.37M	USD	Point-in-time
Balance (registered shares)	`CommonStockValue`	$33.37M	USD	Point-in-time
Balance (treasury shares)	`TreasuryStockValue`	$366.46M	USD	Point-in-time
Balance (treasury shares)	`TreasuryStockValue`	$382.51M	USD	Point-in-time
Balance (treasury shares (in shares))	`TreasuryStockShares`	15.84M	shares	Point-in-time
Balance (treasury shares (in shares))	`TreasuryStockShares`	16.43M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$19.52M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-37.37M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$6.48M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-4.35M	USD	1 Quarter
Pension liability adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$230.00K	USD	1 Quarter
Pension liability adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-441.00K	USD	1 Quarter
Net deferred hedging loss	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease`	$-5.53M	USD	1 Quarter
Net deferred hedging loss	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease`	$-985.00K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$14.41M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-36.85M	USD	1 Quarter
Tax benefit (provision) from exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-212.00K	USD	1 Quarter
Tax benefit (provision) from exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$784.00K	USD	1 Quarter
Sale of shares upon exercise of options and purchase rights	`StockIssuedDuringPeriodValueOptionExercisesAndPurchaseRights`	$4.40M	USD	1 Quarter
Sale of shares upon exercise of options and purchase rights	`StockIssuedDuringPeriodValueOptionExercisesAndPurchaseRights`	$5.12M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.18M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.43M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$997.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$999.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$971.22M	USD	Point-in-time
Balance (registered shares)	`CommonStockValue`	$33.37M	USD	Point-in-time
Balance (registered shares)	`CommonStockValue`	$33.37M	USD	Point-in-time
Balance (treasury shares)	`TreasuryStockValue`	$366.46M	USD	Point-in-time
Balance (treasury shares)	`TreasuryStockValue`	$382.51M	USD	Point-in-time
Balance (treasury shares (in shares))	`TreasuryStockShares`	15.84M	shares	Point-in-time
Balance (treasury shares (in shares))	`TreasuryStockShares`	16.43M	shares	Point-in-time

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