10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-17-004142 |
| Period End Date | 20170331 |
| Filing Date | 20170420 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | gnc-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.87M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$56.46M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$61.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.46M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$123.34M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$129.18M | USD | Point-in-time |
| Inventory (Note 3) |
InventoryNet
|
$602.59M | USD | Point-in-time |
| Inventory (Note 3) |
InventoryNet
|
$583.21M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$39.40M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$36.70M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$802.50M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$786.25M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$176.14M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$176.06M | USD | Point-in-time |
| Brand name |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$720.00M | USD | Point-in-time |
| Brand name |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$720.00M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$109.31M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$111.23M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$232.29M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$226.20M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$30.00M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$28.47M | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$1.26B | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$1.27B | USD | Point-in-time |
| Total assets |
Assets
|
$2.06B | USD | Point-in-time |
| Total assets |
Assets
|
$2.06B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$179.93M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$202.35M | USD | Point-in-time |
| Current portion of long-term debt (Note 4) |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$12.56M | USD | Point-in-time |
| Current portion of long-term debt (Note 4) |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$12.56M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredCreditsAndOtherLiabilitiesCurrent
|
$97.45M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredCreditsAndOtherLiabilitiesCurrent
|
$115.17M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$312.36M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$307.67M | USD | Point-in-time |
| Long-term debt (Note 4) |
LongTermDebtAndCapitalLeaseObligations
|
$1.50B | USD | Point-in-time |
| Long-term debt (Note 4) |
LongTermDebtAndCapitalLeaseObligations
|
$1.53B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$260.28M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$259.20M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$56.38M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$56.13M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.84B | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.82B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.15B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.13B | USD | Point-in-time |
| Contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$114.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$114.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$922.69M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$923.87M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$740.29M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$716.20M | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockValue
|
$1.73B | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockValue
|
$1.73B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-8.70M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-8.14M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$289.82M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$-95.05M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$468.56M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$-69.22M | USD | Point-in-time |
| Total liabilities and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$2.06B | USD | Point-in-time |
| Total liabilities and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$2.06B | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
$644.84M | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
$668.90M | USD | 1 Quarter |
| Cost of sales, including warehousing, distribution and occupancy |
CostOfGoodsAndServicesSold
|
$431.87M | USD | 1 Quarter |
| Cost of sales, including warehousing, distribution and occupancy |
CostOfGoodsAndServicesSold
|
$433.06M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$235.84M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$212.97M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$143.07M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$160.58M | USD | 1 Quarter |
| Gains on refranchising |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$1.01M | USD | 1 Quarter |
| Gains on refranchising |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$154.00K | USD | 1 Quarter |
| Other income, net |
OtherOperatingIncomeExpenseNet
|
$1.01M | USD | 1 Quarter |
| Other income, net |
OtherOperatingIncomeExpenseNet
|
$277.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$94.06M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$53.55M | USD | 1 Quarter |
| Interest expense, net (Note 4) |
InterestIncomeExpenseNonoperatingNet
|
$-15.89M | USD | 1 Quarter |
| Interest expense, net (Note 4) |
InterestIncomeExpenseNonoperatingNet
|
$-14.44M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$37.66M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$79.62M | USD | 1 Quarter |
| Income tax expense (Note 9) |
IncomeTaxExpenseBenefit
|
$13.81M | USD | 1 Quarter |
| Income tax expense (Note 9) |
IncomeTaxExpenseBenefit
|
$28.81M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$50.81M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$23.85M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.70 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.35 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.35 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.69 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
68.25M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
73.08M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
73.37M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
68.30M | shares | 1 Quarter |
| Dividends declared per share: (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | 1 Quarter |
| Dividends declared per share: (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
- | USD | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$50.81M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$23.85M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$14.04M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$16.74M | USD | 1 Quarter |
| Amortization of debt costs |
AmortizationOfFinancingCosts
|
$3.29M | USD | 1 Quarter |
| Amortization of debt costs |
AmortizationOfFinancingCosts
|
$3.10M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.42M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.41M | USD | 1 Quarter |
| Gains on refranchising |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$1.01M | USD | 1 Quarter |
| Gains on refranchising |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$154.00K | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-17.40M | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-5.89M | USD | 1 Quarter |
| (Increase) in inventory |
IncreaseDecreaseInInventories
|
$13.02M | USD | 1 Quarter |
| (Increase) in inventory |
IncreaseDecreaseInInventories
|
$18.55M | USD | 1 Quarter |
| (Increase) in prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$8.79M | USD | 1 Quarter |
| (Increase) in prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$9.06M | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$27.41M | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$41.36M | USD | 1 Quarter |
| (Decrease) increase in deferred revenue and accrued liabilities |
IncreaseDecreaseInDeferredRevenue
|
$-5.20M | USD | 1 Quarter |
| (Decrease) increase in deferred revenue and accrued liabilities |
IncreaseDecreaseInDeferredRevenue
|
$33.25M | USD | 1 Quarter |
| Other operating activities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-4.02M | USD | 1 Quarter |
| Other operating activities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-197.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$46.10M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$142.32M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$13.91M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$10.54M | USD | 1 Quarter |
| Refranchising proceeds |
ProceedsFromSaleOfProductiveAssets
|
$1.34M | USD | 1 Quarter |
| Refranchising proceeds |
ProceedsFromSaleOfProductiveAssets
|
$830.00K | USD | 1 Quarter |
| Store acquisition costs |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$519.00K | USD | 1 Quarter |
| Store acquisition costs |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$98.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-10.23M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-12.66M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
$90.00M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
$64.00M | USD | 1 Quarter |
| Payments on revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
- | USD | 1 Quarter |
| Payments on revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
$91.00M | USD | 1 Quarter |
| Payments on term loan facility |
RepaymentsOfSecuredDebt
|
$1.14M | USD | 1 Quarter |
| Payments on term loan facility |
RepaymentsOfSecuredDebt
|
$1.14M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$1.71M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
- | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$292.00K | USD | 1 Quarter |
| Minimum tax withholding requirements |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$519.00K | USD | 1 Quarter |
| Minimum tax withholding requirements |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$229.00K | USD | 1 Quarter |
| Cash paid for treasury stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Cash paid for treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$201.00M | USD | 1 Quarter |
| Dividends paid to shareholders |
PaymentsOfDividendsCommonStock
|
$14.27M | USD | 1 Quarter |
| Dividends paid to shareholders |
PaymentsOfDividendsCommonStock
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-28.37M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-128.35M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$796.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$332.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$4.54M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.41M | USD | 1 Quarter |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.87M | USD | Point-in-time |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$56.46M | USD | Point-in-time |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$61.00M | USD | Point-in-time |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.46M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.87M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$56.46M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$61.00M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.46M | USD | Point-in-time |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$2.26M | USD | 1 Quarter |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$2.87M | USD | 1 Quarter |
| Accrued treasury stock |
AccrualforRepurchaseofCommonStock
|
- | USD | 1 Quarter |
| Accrued treasury stock |
AccrualforRepurchaseofCommonStock
|
$17.94M | USD | 1 Quarter |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$289.82M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-95.05M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$468.56M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-69.22M | USD | Point-in-time |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$53.74M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$24.40M | USD | 1 Quarter |
| Dividend forfeitures on restricted stock |
RestrictedStockAwardForfeituresDividends
|
$242.00K | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethodIncludingAdjustmentsForTax
|
$218.94M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$14.41M | USD | 1 Quarter |
| Exercise of stock options |
ConversionOfStockAmountIssued1
|
$292.00K | USD | 1 Quarter |
| Restricted stock awards |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
- | USD | 1 Quarter |
| Restricted stock awards |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
- | USD | 1 Quarter |
| Minimum tax withholding requirements |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$229.00K | USD | 1 Quarter |
| Minimum tax withholding requirements |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$519.00K | USD | 1 Quarter |
| Net excess tax benefits from stock-based compensation |
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
$-315.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.41M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.42M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$289.82M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-95.05M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$468.56M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-69.22M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$50.81M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$23.85M | USD | 1 Quarter |
| Foreign currency translation gain |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$552.00K | USD | 1 Quarter |
| Foreign currency translation gain |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$2.92M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$53.74M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$24.40M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.