10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-18-005123 |
| Period End Date | 20180331 |
| Filing Date | 20180426 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | gnc-20180331.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
|
$53.87M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.46M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$64.00M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$126.65M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$114.71M | USD | Point-in-time |
| Inventory (Note 4) |
InventoryNet
|
$507.97M | USD | Point-in-time |
| Inventory (Note 4) |
InventoryNet
|
$485.73M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$66.65M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$78.68M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$755.23M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$743.03M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$141.20M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$141.03M | USD | Point-in-time |
| Brand name |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$324.40M | USD | Point-in-time |
| Brand name |
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
$324.40M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$99.72M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$97.96M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$186.56M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$179.55M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$25.03M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$29.42M | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$772.53M | USD | Point-in-time |
| Total long-term assets |
AssetsNoncurrent
|
$776.73M | USD | Point-in-time |
| Total assets |
Assets
|
$1.52B | USD | Point-in-time |
| Total assets |
Assets
|
$1.53B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$153.02M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$175.15M | USD | Point-in-time |
| Current debt (Note 5) |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
- | USD | Point-in-time |
| Current debt (Note 5) |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$213.11M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredCreditsAndOtherLiabilitiesCurrent
|
$114.08M | USD | Point-in-time |
| Deferred revenue and other current liabilities |
DeferredCreditsAndOtherLiabilitiesCurrent
|
$115.21M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$267.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$503.48M | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtAndCapitalLeaseObligations
|
$1.30B | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtAndCapitalLeaseObligations
|
$1.06B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$56.06M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$56.92M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$85.50M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$83.83M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.44B | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.20B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.71B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.71B | USD | Point-in-time |
| Contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contingencies (Note 7) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$130.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$130.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.00B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.00B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$543.81M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$550.05M | 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
|
$-6.68M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-5.83M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$-179.25M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$-90.84M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$-117.56M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquity
|
$-185.92M | USD | Point-in-time |
| Total liabilities and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$1.53B | USD | Point-in-time |
| Total liabilities and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$1.52B | USD | Point-in-time |
Income Statement
31 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue (Note 3) |
SalesRevenueNet
|
$654.95M | USD | 1 Quarter |
| Revenue (Note 3) |
SalesRevenueNet
|
$607.53M | USD | 1 Quarter |
| Cost of sales, including warehousing, distribution and occupancy |
CostOfGoodsAndServicesSold
|
$400.66M | USD | 1 Quarter |
| Cost of sales, including warehousing, distribution and occupancy |
CostOfGoodsAndServicesSold
|
$435.09M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$206.87M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$219.86M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$160.73M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$166.03M | USD | 1 Quarter |
| Other income, net |
OtherOperatingIncomeExpenseNet
|
$245.00K | USD | 1 Quarter |
| Other income, net |
OtherOperatingIncomeExpenseNet
|
$1.13M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$46.39M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$54.97M | USD | 1 Quarter |
| Interest expense, net (Note 5) |
InterestIncomeExpenseNonoperatingNet
|
$-15.89M | USD | 1 Quarter |
| Interest expense, net (Note 5) |
InterestIncomeExpenseNonoperatingNet
|
$-21.77M | USD | 1 Quarter |
| Loss on debt refinancing |
GainsLossesOnRestructuringOfDebt
|
$-16.74M | USD | 1 Quarter |
| Loss on debt refinancing |
GainsLossesOnRestructuringOfDebt
|
- | USD | 1 Quarter |
| Loss on debt refinancing |
GainsLossesOnRestructuringOfDebt
|
$-16.70M | USD | Point-in-time |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$7.88M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$39.07M | USD | 1 Quarter |
| Income tax expense (Note 10) |
IncomeTaxExpenseBenefit
|
$1.69M | USD | 1 Quarter |
| Income tax expense (Note 10) |
IncomeTaxExpenseBenefit
|
$14.33M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$6.19M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$24.74M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.36 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
83.23M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
68.25M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
68.30M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
83.37M | shares | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$6.19M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$24.74M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$16.74M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$12.11M | USD | 1 Quarter |
| Amortization of debt costs |
AmortizationOfFinancingCosts
|
$3.29M | USD | 1 Quarter |
| Amortization of debt costs |
AmortizationOfFinancingCosts
|
$3.61M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.41M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.51M | USD | 1 Quarter |
| Gains on refranchising |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$124.00K | USD | 1 Quarter |
| Gains on refranchising |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
- | USD | 1 Quarter |
| Loss on debt refinancing |
GainsLossesOnRestructuringOfDebt
|
$-16.74M | USD | 1 Quarter |
| Loss on debt refinancing |
GainsLossesOnRestructuringOfDebt
|
- | USD | 1 Quarter |
| Loss on debt refinancing |
GainsLossesOnRestructuringOfDebt
|
$-16.70M | USD | Point-in-time |
| Third-party fees associated with refinancing |
DebtInstrumentRefinancingFee
|
- | USD | 1 Quarter |
| Third-party fees associated with refinancing |
DebtInstrumentRefinancingFee
|
$15.75M | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-5.89M | USD | 1 Quarter |
| Decrease in receivables |
IncreaseDecreaseInReceivables
|
$-11.84M | USD | 1 Quarter |
| (Increase) in inventory |
IncreaseDecreaseInInventories
|
$15.92M | USD | 1 Quarter |
| (Increase) in inventory |
IncreaseDecreaseInInventories
|
$22.77M | USD | 1 Quarter |
| (Increase) in prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$11.87M | USD | 1 Quarter |
| (Increase) in prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$9.47M | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$21.79M | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$27.41M | USD | 1 Quarter |
| Increase (decrease) in deferred revenue and accrued liabilities |
IncreaseDecreaseInDeferredRevenue
|
$388.00K | USD | 1 Quarter |
| Increase (decrease) in deferred revenue and accrued liabilities |
IncreaseDecreaseInDeferredRevenue
|
$-5.66M | USD | 1 Quarter |
| Other operating activities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-197.00K | USD | 1 Quarter |
| Other operating activities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$1.11M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$46.10M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$25.07M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$3.73M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$13.91M | USD | 1 Quarter |
| Refranchising proceeds |
ProceedsFromSaleOfProductiveAssets
|
$1.34M | USD | 1 Quarter |
| Refranchising proceeds |
ProceedsFromSaleOfProductiveAssets
|
$465.00K | USD | 1 Quarter |
| Store acquisition costs |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$116.00K | USD | 1 Quarter |
| Store acquisition costs |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$98.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.38M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-12.66M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
$64.00M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLongTermLinesOfCredit
|
$50.00M | USD | 1 Quarter |
| Payments on revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
$91.00M | USD | 1 Quarter |
| Payments on revolving credit facility |
RepaymentsOfLongTermLinesOfCredit
|
$32.50M | USD | 1 Quarter |
| Payments of OID and lender fees |
PaymentsofOriginalIssuanceDiscountandLenderFees
|
$35.22M | USD | 1 Quarter |
| Payments of OID and lender fees |
PaymentsofOriginalIssuanceDiscountandLenderFees
|
- | USD | 1 Quarter |
| Deferred fees associated with pending equity transaction |
PreferredStockConversionsDeferredFees
|
- | USD | 1 Quarter |
| Deferred fees associated with pending equity transaction |
PreferredStockConversionsDeferredFees
|
$2.18M | USD | 1 Quarter |
| Minimum tax withholding requirements |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$223.00K | USD | 1 Quarter |
| Minimum tax withholding requirements |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$229.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-28.37M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-31.96M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$141.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$332.00K | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.41M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-10.13M | USD | 1 Quarter |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.87M | USD | Point-in-time |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$53.87M | USD | Point-in-time |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.46M | USD | Point-in-time |
| Beginning balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$64.00M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.87M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$53.87M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.46M | USD | Point-in-time |
| Ending balance, cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$64.00M | USD | Point-in-time |
| Capital expenditures in current liabilities |
AccruedCapitalExpendituresCurrent
|
$1.20M | USD | Point-in-time |
| Capital expenditures in current liabilities |
AccruedCapitalExpendituresCurrent
|
$2.26M | USD | Point-in-time |
| Original issuance discount (Note 5) |
DebtInstrumentOriginalIssuanceDiscount
|
- | USD | Point-in-time |
| Original issuance discount (Note 5) |
DebtInstrumentOriginalIssuanceDiscount
|
- | USD | Point-in-time |
| Original issuance discount (Note 5) |
DebtInstrumentOriginalIssuanceDiscount
|
$19.59M | USD | Point-in-time |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$-179.25M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-90.84M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-117.56M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$-185.92M | USD | Point-in-time |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$5.34M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$25.30M | USD | 1 Quarter |
| Dividend forfeitures on restricted stock |
RestrictedStockAwardForfeituresDividends
|
$242.00K | USD | 1 Quarter |
| Dividend forfeitures on restricted stock |
RestrictedStockAwardForfeituresDividends
|
$42.00K | USD | 1 Quarter |
| Restricted stock awards |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
- | USD | 1 Quarter |
| Restricted stock awards |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
- | USD | 1 Quarter |
| Minimum tax withholding requirements |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$223.00K | USD | 1 Quarter |
| Minimum tax withholding requirements |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$229.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.41M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.51M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$-179.25M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-90.84M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-117.56M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$-185.92M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$6.19M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$24.74M | USD | 1 Quarter |
| Foreign currency translation (loss) gain |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$552.00K | USD | 1 Quarter |
| Foreign currency translation (loss) gain |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-846.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$5.34M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$25.30M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.