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10-Q Filing

BELLRING BRANDS, INC. CIK: 1772016 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001772016-22-000028
Period End Date 20211231
Filing Date 20220204
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance brbr-20211231_htm.xml
Balance Sheet 55 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $30.40M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $48.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $152.60M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $50.80M USD Point-in-time
Receivables, net AccountsReceivableNetCurrent $103.90M USD Point-in-time
Receivables, net AccountsReceivableNetCurrent $118.20M USD Point-in-time
Inventories InventoryNet $130.20M USD Point-in-time
Inventories InventoryNet $117.90M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $18.80M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $13.70M USD Point-in-time
Total Current Assets AssetsCurrent $388.10M USD Point-in-time
Total Current Assets AssetsCurrent $297.60M USD Point-in-time
Property, net PropertyPlantAndEquipmentNet $8.90M USD Point-in-time
Property, net PropertyPlantAndEquipmentNet $9.10M USD Point-in-time
Goodwill Goodwill $65.90M USD Point-in-time
Goodwill Goodwill $65.90M USD Point-in-time
Intangible assets, net OtherIntangibleAssetsNet $218.20M USD Point-in-time
Intangible assets, net OtherIntangibleAssetsNet $223.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $10.50M USD Point-in-time
Other assets OtherAssetsNoncurrent $9.80M USD Point-in-time
Total Assets Assets $696.50M USD Point-in-time
Total Assets Assets $600.60M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $35.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $116.30M USD Point-in-time
Accounts payable AccountsPayableCurrent $72.50M USD Point-in-time
Accounts payable AccountsPayableCurrent $91.90M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $43.10M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $38.20M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $145.70M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $251.30M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $473.40M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $481.20M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $8.50M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $7.60M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $19.90M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $21.90M USD Point-in-time
Total Liabilities Liabilities $647.50M USD Point-in-time
Total Liabilities Liabilities $762.00M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $2.78B USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $3.00B USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Common stock CommonStockValue $400.00K USD Point-in-time
Common stock CommonStockValue $400.00K USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-3.06B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.81B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.50M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.50M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $18.10M USD Point-in-time
Treasury stock, at cost TreasuryStockValue - USD Point-in-time
Total Stockholders Deficit StockholdersEquity $-2.50B USD Point-in-time
Total Stockholders Deficit StockholdersEquity $-3.06B USD Point-in-time
Total Stockholders Deficit StockholdersEquity $-2.83B USD Point-in-time
Total Liabilities and Stockholders Deficit LiabilitiesAndStockholdersEquity $696.50M USD Point-in-time
Total Liabilities and Stockholders Deficit LiabilitiesAndStockholdersEquity $600.60M USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Net Sales Revenues $306.50M USD 1 Quarter
Net Sales Revenues $282.40M USD 1 Quarter
Cost of goods sold CostOfRevenue $214.20M USD 1 Quarter
Cost of goods sold CostOfRevenue $190.50M USD 1 Quarter
Gross Profit GrossProfit $92.30M USD 1 Quarter
Gross Profit GrossProfit $91.90M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $38.30M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $36.80M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $5.90M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $4.90M USD 1 Quarter
Other operating income, net OtherOperatingIncomeExpenseNet - USD 1 Quarter
Other operating income, net OtherOperatingIncomeExpenseNet $100.00K USD 1 Quarter
Operating Profit OperatingIncomeLoss $50.60M USD 1 Quarter
Operating Profit OperatingIncomeLoss $47.80M USD 1 Quarter
Interest expense, net InterestExpense $8.40M USD 1 Quarter
Interest expense, net InterestExpense $12.80M USD 1 Quarter
Earnings before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $42.20M USD 1 Quarter
Earnings before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $35.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $2.90M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $2.10M USD 1 Quarter
Net Earnings Including Redeemable Noncontrolling Interest ProfitLoss $32.90M USD 1 Quarter
Net Earnings Including Redeemable Noncontrolling Interest ProfitLoss $39.30M USD 1 Quarter
Less: Net earnings attributable to redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $25.10M USD 1 Quarter
Less: Net earnings attributable to redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $31.10M USD 1 Quarter
Net Earnings Available to Class A Common Stockholders NetIncomeLoss $7.80M USD 1 Quarter
Net Earnings Available to Class A Common Stockholders NetIncomeLoss $8.20M USD 1 Quarter
Earnings per Class A common share, basic (in usd per share) EarningsPerShareBasic $0.21 USD 1 Quarter
Earnings per Class A common share, basic (in usd per share) EarningsPerShareBasic $0.20 USD 1 Quarter
Earnings per Class A common share, diluted (in usd per share) EarningsPerShareDiluted $0.20 USD 1 Quarter
Earnings per Class A common share, diluted (in usd per share) EarningsPerShareDiluted $0.21 USD 1 Quarter
Weighted Average Class A common shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 39.40M shares 1 Quarter
Weighted Average Class A common shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 39.50M shares 1 Quarter
Weighted-Average Class A common shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 39.60M shares 1 Quarter
Weighted-Average Class A common shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 39.60M shares 1 Quarter
Cash Flow Statement 54 line items
Line Item Tag Value Unit Period
Net Earnings Including Redeemable Noncontrolling Interest ProfitLoss $32.90M USD 1 Quarter
Net Earnings Including Redeemable Noncontrolling Interest ProfitLoss $39.30M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $5.30M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $6.70M USD 1 Quarter
Unrealized gain on interest rate swaps UnrealizedGainLossOnDerivatives $700.00K USD 1 Quarter
Unrealized gain on interest rate swaps UnrealizedGainLossOnDerivatives $1.70M USD 1 Quarter
Non-cash stock-based compensation expense ShareBasedCompensation $1.10M USD 1 Quarter
Non-cash stock-based compensation expense ShareBasedCompensation $1.50M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $900.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $700.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-800.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-1.20M USD 1 Quarter
Increase in receivables IncreaseDecreaseInAccountsReceivable $14.40M USD 1 Quarter
Increase in receivables IncreaseDecreaseInAccountsReceivable $39.90M USD 1 Quarter
(Increase) decrease in inventories IncreaseDecreaseInInventories $-14.50M USD 1 Quarter
(Increase) decrease in inventories IncreaseDecreaseInInventories $12.40M USD 1 Quarter
Increase in prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $6.10M USD 1 Quarter
Increase in prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $4.80M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherNoncurrentAssets $-700.00K USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherNoncurrentAssets $-500.00K USD 1 Quarter
(Decrease) increase in accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $12.30M USD 1 Quarter
(Decrease) increase in accounts payable and other current liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-24.50M USD 1 Quarter
Increase in non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities - USD 1 Quarter
Increase in non-current liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $300.00K USD 1 Quarter
Net Cash (Used in) Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $-9.10M USD 1 Quarter
Net Cash (Used in) Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $23.30M USD 1 Quarter
Additions to property PaymentsToAcquireProductiveAssets - USD 1 Quarter
Additions to property PaymentsToAcquireProductiveAssets $600.00K USD 1 Quarter
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-600.00K USD 1 Quarter
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities - USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $20.00M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $90.10M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $37.50M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $18.10M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Distributions to Post Holdings, Inc. DistributionsToFromPostHoldingsIncNet $-3.20M USD 1 Quarter
Distributions to Post Holdings, Inc. DistributionsToFromPostHoldingsIncNet $-3.60M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-1.10M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-900.00K USD 1 Quarter
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-112.50M USD 1 Quarter
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-22.00M USD 1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents - USD 1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $800.00K USD 1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $2.10M USD 1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-122.20M USD 1 Quarter
Cash and Cash Equivalents, Beginning of Year CashAndCashEquivalentsAtCarryingValue $30.40M USD Point-in-time
Cash and Cash Equivalents, Beginning of Year CashAndCashEquivalentsAtCarryingValue $48.70M USD Point-in-time
Cash and Cash Equivalents, Beginning of Year CashAndCashEquivalentsAtCarryingValue $152.60M USD Point-in-time
Cash and Cash Equivalents, Beginning of Year CashAndCashEquivalentsAtCarryingValue $50.80M USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $30.40M USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $48.70M USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $152.60M USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $50.80M USD Point-in-time
Stockholders Equity 8 line items
Line Item Tag Value Unit Period
Stockholders' Equity, beginning of period StockholdersEquity $-2.50B USD Point-in-time
Stockholders' Equity, beginning of period StockholdersEquity $-3.06B USD Point-in-time
Stockholders' Equity, beginning of period StockholdersEquity $-2.83B USD Point-in-time
Net earnings available to Class A Common Stockholders NetIncomeLoss $7.80M USD 1 Quarter
Net earnings available to Class A Common Stockholders NetIncomeLoss $8.20M USD 1 Quarter
Stockholders' Equity, end of period StockholdersEquity $-2.50B USD Point-in-time
Stockholders' Equity, end of period StockholdersEquity $-3.06B USD Point-in-time
Stockholders' Equity, end of period StockholdersEquity $-2.83B USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net Earnings Including Redeemable Noncontrolling Interest ProfitLoss $32.90M USD 1 Quarter
Net Earnings Including Redeemable Noncontrolling Interest ProfitLoss $39.30M USD 1 Quarter
Reclassifications to net earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-500.00K USD 1 Quarter
Reclassifications to net earnings OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-500.00K USD 1 Quarter
Unrealized foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $900.00K USD 1 Quarter
Unrealized foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax $-400.00K USD 1 Quarter
Total Other Comprehensive Income Including Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTax $100.00K USD 1 Quarter
Total Other Comprehensive Income Including Redeemable Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTax $1.40M USD 1 Quarter
Less: Comprehensive income attributable to redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $26.10M USD 1 Quarter
Less: Comprehensive income attributable to redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $31.20M USD 1 Quarter
Total Comprehensive Income Available to Class A Common Stockholders ComprehensiveIncomeNetOfTax $8.20M USD 1 Quarter
Total Comprehensive Income Available to Class A Common Stockholders ComprehensiveIncomeNetOfTax $8.20M USD 1 Quarter

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

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