10-Q Filing

BIG HEART PET BRANDS CIK: 1259045 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-387808`
Period End Date	20120731
Filing Date	20120911
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	dlmc-20120729.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 20 Cash Flow Statement 44 Comprehensive Income 10

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$205.20M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$402.80M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$272.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$246.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.00	shares	Point-in-time
Trade accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$205.10M	USD	Point-in-time
Trade accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$195.30M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.00	shares	Point-in-time
Inventories	`InventoryNet`	$748.70M	USD	Point-in-time
Inventories	`InventoryNet`	$860.70M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$158.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$125.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.47B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.50B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$729.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$736.30M	USD	Point-in-time
Goodwill	`Goodwill`	$2.12B	USD	Point-in-time
Goodwill	`Goodwill`	$2.12B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.77B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.76B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$138.10M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$148.10M	USD	Point-in-time
Total assets	`Assets`	$7.24B	USD	Point-in-time
Total assets	`Assets`	$7.25B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$585.40M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$501.90M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$3.30M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$3.30M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$91.10M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$596.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$595.20M	USD	Point-in-time
Long-term debt, net of discount	`LongTermDebtNoncurrent`	$3.88B	USD	Point-in-time
Long-term debt, net of discount	`LongTermDebtNoncurrent`	$3.88B	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$953.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$962.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$308.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$308.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.74B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.74B	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`	$1.59B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.59B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.90M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.30M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-65.60M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-71.90M	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.51B	USD	Point-in-time
Total stockholder's equity	`StockholdersEquity`	$1.50B	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$7.25B	USD	Point-in-time
Total liabilities and stockholder's equity	`LiabilitiesAndStockholdersEquity`	$7.24B	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$821.10M	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`	$600.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$221.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$220.50M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$174.70M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$172.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$49.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$62.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$65.20M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$25.80M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingIncomeExpense`	$-30.30M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.40M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-43.60M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$100.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-16.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.30M	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`	$6.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.10M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-16.80M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$7.50M	USD	1 Quarter
Write off of debt issuance cost	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Write off of debt issuance cost	`GainsLossesOnExtinguishmentOfDebt`	$-2.90M	USD	1 Quarter
Loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.20M	USD	1 Quarter
Loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$-200.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.20M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$2.50M	USD	1 Quarter
Unrealized (gain) loss on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$-29.50M	USD	1 Quarter
Unrealized (gain) loss on derivative financial instruments	`UnrealizedGainLossOnDerivatives`	$29.10M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$32.20M	USD	1 Quarter
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$-42.00M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$66.10M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-800.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.70M	USD	1 Quarter
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	-	USD	1 Quarter
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	$12.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.70M	USD	1 Quarter
Payments on short-term borrowings	`RepaymentsOfShortTermDebt`	-	USD	1 Quarter
Payments on short-term borrowings	`RepaymentsOfShortTermDebt`	$4.60M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$91.10M	USD	1 Quarter
Capital contribution, net	`ProceedsFromContributionsFromParent`	-	USD	1 Quarter
Capital contribution, net	`ProceedsFromContributionsFromParent`	$1.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-91.10M	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`	$-1.10M	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`	$-130.40M	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`	$205.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$402.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$272.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$246.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$205.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$402.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$272.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$246.40M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-27.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-400.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-100.00K	USD	1 Quarter
Prior service credit arising during the period, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$4.40M	USD	1 Quarter
Prior service credit arising during the period, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.50M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$5.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-32.10M	USD	1 Quarter

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