← G III APPAREL GROUP LTD /DE/
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $51.9m |
$62.1m
+19.61%
|
$138.1m
+122.24%
|
$143.8m
+4.18%
|
$23.5m
-83.63%
|
$200.6m
+751.96%
|
($133.1m)
-166.33%
|
$176.2m
+232.40%
|
$193.6m
+9.88%
|
$67.4m
-65.20%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $51.9m | $62.1m | $138.1m | $143.8m | $23.5m | $200.1m | ($134.4m) | $174.7m | $193.3m | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | ($22k) | ($492k) | ($1.3m) | ($1.4m) | ($273k) | — | — | |
| Depreciation and amortization | $32.5m | $37.8m | $38.8m | $38.7m | $38.6m | $27.6m | $27.8m | $27.5m | $27.4m | $29.0m | $29.6m | |
| Amortization of Debt Issuance Costs | $5.2m | $10.9m | $10.1m | $10.5m | — | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | $10.0m | $9.7m | $10.2m | $7.1m | $2.3m | — | — | |
| Amortization of Intangible Assets | $2.5m | $4.5m | $4.6m | $4.5m | $4.3m | $3.7m | $3.9m | $5.4m | $5.2m | $4.2m | — | |
| Depreciation | $29.6m | $32.8m | $33.9m | $33.8m | $34.0m | $23.6m | $23.5m | $22.0m | $22.2m | $29.0m | $29.6m | |
| Deferred financing charges and debt discount amortization | $5.2m | $10.9m | $10.1m | $10.5m | $10.0m | $9.7m | $10.2m | $7.1m | $2.3m | $1.3m | — | |
| Deferred Income Tax Expense (Benefit) | ($7.3m) | $4.1m | $5.4m | $319k | $24.8m | $21.1m | ($55.1m) | $3.7m | $12.0m | $15.7m | $12.8m | |
| Share-based Payment Arrangement, Noncash Expense | $16.9m | $19.7m | $19.7m | $17.6m | $6.1m | $17.4m | $32.5m | $17.2m | $28.9m | — | $27.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $7.0m | $6.1m | $5.7m | $12.2m | $324k | $4.3m | $9.8m | $10.9m | $7.6m | — | — | |
| Share-based Payment Arrangement, Expense | — | $19.7m | ($19.7m) | — | — | — | — | — | — | — | $27.7m | |
| Share-based compensation | $16.9m | $19.7m | $19.7m | $17.6m | $6.1m | $17.4m | $32.5m | $17.2m | $28.9m | $23.4m | $27.7m | |
| Goodwill, Impairment Loss | — | ($716k) | — | — | — | — | $347.2m | $5.9m | — | — | $1.8m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | $0 | $0 | — | $7.4m | — | — | |
| Operating Lease, Impairment Loss | — | — | — | $9.9m | $19.4m | $200k | $700k | $300k | — | — | — | |
| Asset impairments | $10.5m | $7.9m | $2.8m | $21.8m | $20.4m | $1.5m | $349.7m | $6.8m | $8.2m | $48.6m | — | |
| Income (Loss) from Equity Method Investments | — | — | ($1.5m) | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($27k) | ($454k) | ($3.0m) | ($1.1m) | $3.2m | $9.5m | $27.9m | ($3.1m) | ($4.4m) | $3.2m | — | |
| Change in fair value of equity investment | — | — | — | — | — | ($1.6m) | ($1.3m) | ($1.0m) | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $29.3m | $29.9m | $207.9m | $28.0m | ($38.9m) | $112.8m | $41.0m | ($112.6m) | $62.4m | — | $34.8m | |
| Accounts receivable, net | ($29.3m) | ($29.9m) | ($207.9m) | ($28.0m) | $38.9m | ($112.8m) | ($41.0m) | $112.6m | ($62.4m) | $87.7m | $34.8m | |
| Increase (Decrease) in Inventories | ($12.6m) | $68.8m | $23.6m | ($24.5m) | ($143.5m) | $95.7m | $163.7m | ($188.9m) | ($42.3m) | — | $38.6m | |
| Inventories | $12.6m | ($68.8m) | ($23.6m) | $24.5m | $143.5m | ($95.7m) | ($163.7m) | $188.9m | $42.3m | $18.1m | $38.6m | |
| Accounts payable, accrued expenses and other liabilities | $12.4m | $10.7m | ($328k) | ($18.6m) | ($94.2m) | $124.6m | ($107.2m) | $35.0m | $50.1m | $24.4m | ($50k) | |
| Prepaid expenses and other current assets | ($6.3m) | ($3.9m) | ($48.0m) | $15.9m | $24.5m | $8.4m | ($11.4m) | $3.6m | $20.0m | ($2.9m) | — | |
| Other assets, net | ($10.9m) | $11.0m | ($6.2m) | ($731k) | ($663k) | $752k | $1.5m | $5.9m | ($1.1m) | $2.8m | — | |
| Net Cash Provided by (Used in) Operating Activities | $105.7m |
$79.7m
-24.56%
|
$103.8m
+30.22%
|
$209.0m
+101.31%
|
$74.8m
-64.23%
|
$185.8m
+148.53%
|
($104.6m)
-156.30%
|
$587.6m
+661.75%
|
$316.4m
-46.15%
|
$299.1m
-5.45%
|
$203.4m
-32.01%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($3.2m) | ($2.9m) | ($128k) | ($2.5m) | ($1.1m) | ($136k) | ($210k) | ($102k) | ($388k) | — | $3.6m | |
| Capital expenditures | ($24.9m) | ($34.5m) | ($29.2m) | ($38.0m) | ($16.0m) | ($18.3m) | ($21.5m) | ($24.7m) | ($41.5m) | ($35.2m) | ($35.6m) | |
| Payments to Acquire Investments | — | — | — | — | — | $13.2m | — | — | — | — | ($732k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $465.4m | — | — | — | — | — | $168.6m | — | — | — | ($196.3m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $2.1m | $4.1m | — | $84k | $52k | $1.8m | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($525.8m) | ($33.9m) | ($37.3m) | ($40.1m) | ($20.1m) | ($51.5m) | ($218.0m) | ($28.3m) | ($148.2m) | ($36.0m) | ($35.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($6.5m) | — | — | — | ($1.6m) | — | — | |
| Proceeds from Issuance of Long-term Debt | $283.2m | — | — | — | — | — | — | — | — | — | $305.4m | |
| Repayment of borrowings - revolving credit facility | ($413.3m) | ($2.0b) | ($2.3b) | ($2.4b) | ($1.3b) | — | ($507.2m) | ($112.8m) | ($485.1m) | — | — | |
| Proceeds from borrowings - revolving credit facility | $524.7m | $1.9b | $2.3b | $2.4b | $1.3b | — | $587.3m | $32.7m | $485.1m | — | — | |
| Repayment of borrowings - foreign facilities | — | — | — | — | — | ($1.5m) | ($75.5m) | ($139.4m) | ($152.5m) | ($165.1m) | — | |
| Proceeds from borrowings - foreign facilities | — | — | — | — | — | — | $83.8m | $136.8m | $139.0m | $169.8m | — | |
| Repayment of borrowings - senior secured notes | — | — | — | — | — | — | — | ($125.0m) | ($400.0m) | — | — | |
| Payments for Repurchase of Common Stock | — | — | $20.3m | $35.2m | — | $17.3m | $26.9m | $26.1m | $60.0m | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $367.6m |
($83.7m)
-122.75%
|
($38.0m)
+54.63%
|
($44.5m)
-17.21%
|
$94.8m
+313.06%
|
($23.4m)
-124.73%
|
$51.6m
+320.25%
|
($244.6m)
-573.80%
|
($485.5m)
-98.46%
|
($54.3m)
+88.82%
|
($41.9m)
+22.82%
|
|
| Net increase (decrease) in cash and cash equivalents | ($52.6m) | ($34.2m) | $24.4m | $127.2m | $154.6m | $114.0m | ($274.3m) | $316.2m | ($326.4m) | $225.2m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($52.6m) | ($34.2m) | $24.4m | $127.2m | $154.6m | $114.0m | ($274.3m) | $316.2m | ($326.4m) | — | $383.6m | |
| Cash and cash equivalents at beginning of year | — | $80.0m | $45.8m | $70.1m | $197.4m | $466.0m | $191.7m | $507.8m | $181.4m | $406.7m | $257.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $351.9m | $466.0m | $191.7m | $507.8m | $181.4m | — | $383.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $260k | $1.6m | $101k | $115k | $297k | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $35.8m | $34.3m | $16.4m | $54.4m | $44.1m | $30.2m | $27.4m | — | — | |
| Income Taxes Paid, Net | $18.9m | $32.9m | $44.0m | $39.0m | $2.0m | $39.8m | $38.1m | $57.9m | $67.0m | ($5.0m) | — | |
| Additional Financial Items | ||||||||||||
| Financing Interest Expense | — | — | — | $44.4m | $50.4m | $49.7m | $56.6m | $39.6m | — | — | — | |
| Goodwill | $269.3m | $262.7m | $261.1m | $260.6m | $263.1m | $262.5m | $0 | $0 | — | — | $1.8m | |
| Income Tax Expense (Benefit) | $25.8m | $47.9m | $45.8m | $38.3m | $12.2m | $70.9m | ($3.8m) | $65.9m | $76.6m | $43.3m | — | |
| Payments of Financing Costs | — | — | — | — | $13.6m | — | — | — | $4.4m | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $3.1b | $3.2b | $2.1b | $2.8b | $3.2b | $3.1b | $3.2b | $3.0b | — | |
| Loss on disposal of fixed assets | $3.2m | $2.9m | $128k | $2.5m | $1.1m | $136k | $210k | $102k | $388k | $776k | — | |
| Equity loss in unconsolidated affiliates | $27k | $454k | $1.5m | ($3.2m) | ($601k) | ($8.1m) | ($674k) | $5.6m | $1.9m | $1.1m | — | |
| Extinguishment of deferred financing costs | — | — | — | — | $6.5m | — | — | — | $1.6m | — | — | |
| Income taxes, net | $14.2m | $11.3m | ($3.9m) | ($621k) | ($13.8m) | $9.7m | $12.6m | $4.3m | ($5.1m) | ($13.4m) | — | |
| Customer refund liabilities | — | — | $177.1m | ($10.2m) | ($136.4m) | ($12.6m) | $3.0m | ($5.7m) | ($4.1m) | ($3.7m) | — | |
| Operating lease liabilities | — | — | — | ($79.8m) | ($86.4m) | ($46.9m) | ($56.1m) | ($58.9m) | ($58.1m) | ($56.8m) | — | |
| Operating lease assets initial direct costs | — | — | — | ($2.1m) | ($4.1m) | — | ($84k) | ($52k) | ($1.8m) | ($45k) | — | |
| Investment in equity interest of private companies | — | — | — | — | — | — | ($25.0m) | ($3.6m) | ($105.6m) | ($732k) | — | |
| Payment of financing costs | — | — | — | — | ($13.6m) | — | — | — | ($4.4m) | — | — | |
| Purchase of treasury shares | — | — | ($20.3m) | ($35.2m) | — | ($17.3m) | ($26.9m) | ($26.1m) | ($60.0m) | ($49.8m) | — | |
| Foreign currency translation adjustments | ($193k) | $3.7m | ($4.2m) | $2.8m | $5.2m | $3.2m | ($3.4m) | $1.6m | ($9.1m) | $16.4m | — | |
| Interest, net | $21.8m | $31.6m | $35.8m | $34.3m | $16.4m | $54.4m | $44.1m | $30.2m | $27.4m | $3.6m | — | |
| Excise tax liability related to stock repurchases | — | — | — | — | — | — | — | — | $636k | $374k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.