10-Q Filing

BIG HEART PET BRANDS CIK: 1259045 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-245621`
Period End Date	20110731
Filing Date	20110912
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	cik0001259045-20110731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 25 Cash Flow Statement 44

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$246.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.70M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$205.20M	USD	Point-in-time
Trade accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$184.80M	USD	Point-in-time
Trade accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$201.50M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	10.00	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	10.00	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	10.00	shares	Point-in-time
Inventories	`InventoryNet`	$766.90M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	10.00	shares	Point-in-time
Inventories	`InventoryNet`	$873.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$165.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$132.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.44B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.34B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$726.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$731.70M	USD	Point-in-time
Goodwill	`Goodwill`	$2.12B	USD	Point-in-time
Goodwill	`Goodwill`	$2.14B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.81B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.83B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$174.20M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$180.30M	USD	Point-in-time
Total assets	`Assets`	$7.20B	USD	Point-in-time
Total assets	`Assets`	$7.29B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$578.80M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$486.70M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$4.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$8.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$27.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$20.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$609.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$515.60M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.97B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.97B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$969.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$952.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$260.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$305.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.83B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.72B	USD	Point-in-time
Common stock ($0.01 par value per share, shares authorized: 1,000; 10 issued and outstanding)	`CommonStockValue`	-	USD	Point-in-time
Common stock ($0.01 par value per share, shares authorized: 1,000; 10 issued and outstanding)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.59B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.50M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-132.10M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-104.50M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$7.20B	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$7.29B	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$804.60M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$776.20M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$554.40M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$537.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$266.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$221.80M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$172.50M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$147.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$119.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$49.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$19.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$62.60M	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-3.60M	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-30.30M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-43.60M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$96.10M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$36.20M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-16.00M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-27.60M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$59.90M	USD	1 Quarter
Loss from discontinued operations before income taxes	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-200.00K	USD	1 Quarter
Provision for income taxes	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$300.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-500.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$59.40M	USD	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-27.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$59.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.60M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$7.40M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-16.80M	USD	1 Quarter
Loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$-200.00K	USD	1 Quarter
Loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.20M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.20M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$3.40M	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.50M	USD	1 Quarter
Unrealized loss on derivative financial instruments	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-4.70M	USD	1 Quarter
Unrealized loss on derivative financial instruments	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-29.50M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$46.20M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-42.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$66.10M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.70M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.70M	USD	1 Quarter
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$79.30M	USD	1 Quarter
Payments on short-term borrowings	`RepaymentsOfShortTermDebt`	$29.20M	USD	1 Quarter
Payments on short-term borrowings	`RepaymentsOfShortTermDebt`	$4.60M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$7.50M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$10.00M	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.60M	USD	1 Quarter
Capital contribution, net	`ProceedsFromContributionsFromParent`	$1.00M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$100.00M	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.50M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-55.30M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.60M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-800.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.40M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.80M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$41.20M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$246.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$53.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$205.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$246.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$53.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$205.20M	USD	Point-in-time

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