10-Q Filing

MARINEMAX INC CIK: 1057060 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-038813`
Period End Date	20131231
Filing Date	20140206
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	hzo-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 22 Cash Flow Statement 51 Stockholders Equity 11

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.90M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$19.41M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$13.67M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Inventories, net	`InventoryNet`	$238.05M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$228.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.85M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.80M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.34M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$272.43M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.56M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$276.06M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.77M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$100.18M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.55M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$100.34M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockShares`	790,900.00	shares	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$5.53M	USD	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$5.51M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockShares`	790,900.00	shares	Point-in-time
Total assets	`Assets`	$381.90M	USD	Point-in-time
Total assets	`Assets`	$378.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.47M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$9.34M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$11.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$14.88M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$20.33M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$125.91M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$122.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$156.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$159.62M	USD	Point-in-time
Long-term liabilities	`LiabilitiesNoncurrent`	$440.00K	USD	Point-in-time
Long-term liabilities	`LiabilitiesNoncurrent`	$473.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$156.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$160.09M	USD	Point-in-time
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued or outstanding at September 30, 2013 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value, 1,000,000 shares authorized, none issued or outstanding at September 30, 2013 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value, 40,000,000 shares authorized, 24,336,495 and 24,561,254 shares issued and 23,545,595 and 23,770,354 shares outstanding at September 30, 2013 and December 31, 2013, respectively	`CommonStockValue`	$25.00K	USD	Point-in-time
Common stock, $.001 par value, 40,000,000 shares authorized, 24,336,495 and 24,561,254 shares issued and 23,545,595 and 23,770,354 shares outstanding at September 30, 2013 and December 31, 2013, respectively	`CommonStockValue`	$24.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$221.73M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$224.54M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.87M	USD	Point-in-time
Treasury stock, at cost, 790,900 shares held at September 30, 2013 and December 31, 2013	`TreasuryStockValue`	$15.81M	USD	Point-in-time
Treasury stock, at cost, 790,900 shares held at September 30, 2013 and December 31, 2013	`TreasuryStockValue`	$15.81M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$221.81M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$221.25M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$381.90M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$378.14M	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$109.59M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$99.05M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$79.68M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$72.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$26.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$29.91M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.28M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$29.44M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.37M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$997.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$997.00K	USD	1 Quarter
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.16M	USD	1 Quarter
Loss before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.37M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.37M	USD	1 Quarter
Basic and diluted net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	1 Quarter
Basic and diluted net loss per common share	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22.96M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.72M	shares	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.68M	USD	1 Quarter
Loss (gain) on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$30.00K	USD	1 Quarter
Loss (gain) on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-14.00K	USD	1 Quarter
Gain on insurance settlements	`GainLossOnSaleOfInsuranceBlock`	$261.00K	USD	1 Quarter
Gain on insurance settlements	`GainLossOnSaleOfInsuranceBlock`	$214.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.15M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.05M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-5.31M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-5.83M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$11.69M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$10.01M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-103.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-31.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.29M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.67M	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$5.33M	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$2.18M	USD	1 Quarter
Accrued expenses and long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-4.48M	USD	1 Quarter
Accrued expenses and long-term liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-5.41M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.38M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.79M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.62M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.77M	USD	1 Quarter
Proceeds from insurance settlements	`ProceedsFromInsuranceSettlementInvestingActivities`	$1.25M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$20.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$50.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.57M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.50M	USD	1 Quarter
Net borrowings on short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$2.72M	USD	1 Quarter
Net borrowings on short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$3.44M	USD	1 Quarter
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$352.00K	USD	1 Quarter
Net proceeds from issuance of common stock under incentive compensation and employee purchase plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.66M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.07M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.10M	USD	1 Quarter
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.22M	USD	1 Quarter
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.85M	USD	1 Quarter
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.39M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.76M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.90M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.39M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.76M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.90M	USD	Point-in-time
Interest	`InterestPaid`	$859.00K	USD	1 Quarter
Interest	`InterestPaid`	$1.04M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$221.81M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$221.25M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-4.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.37M	USD	1 Quarter
Shares issued pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$282.00K	USD	1 Quarter
Shares issued upon vesting of equity awards, net of tax withholding	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	-	USD	1 Quarter
Shares issued upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.38M	USD	1 Quarter
Shares issued upon exercise of stock options, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	185,898.00	shares	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.15M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$221.81M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$221.25M	USD	Point-in-time

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