G iii apparel group ltd /de/ (GIII)
Balance Sheet / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
ASSETS
Current assets
Cash and cash equivalents

197,372

55,801

39,568

48,312

70,138

66,080

42,306

71,048

45,776

68,229

58,782

67,134

79,957

44,996

44,950

95,448

132,587

54,298

18,810

85,708

128,354

49,158

21,534

23,610

22,091

29,811

16,454

20,620

27,360

39,646

22,653

38,336

24,660

16,083

8,566

12,701

10,045

16,586

6,147

Accounts receivable, net of allowance for doubtful accounts of $0.7 million and $0.9 million, respectively

530,137

899,029

464,663

478,371

502,133

819,636

447,576

429,146

294,430

601,179

287,570

256,212

263,881

537,073

243,108

213,752

221,500

537,458

238,659

208,769

195,678

450,259

191,533

145,010

160,010

397,546

162,563

151,841

178,216

362,724

184,816

176,530

162,510

368,087

171,541

128,218

138,341

297,101

119,662

Inventories

551,918

650,633

842,136

538,955

576,383

616,162

678,571

463,463

553,323

592,822

655,272

445,969

483,269

490,555

569,996

406,720

485,311

510,374

605,214

371,224

426,180

436,367

534,186

322,659

359,639

323,334

406,246

242,072

280,929

307,477

336,389

208,755

253,521

273,161

322,387

167,751

204,995

208,507

223,543

Prepaid income taxes

8,566

2,942

12,500

9,369

8,308

-

6,962

2,132

15,058

-

23,338

16,845

8,885

-

31,130

25,359

23,347

-

8,668

8,712

6,507

-

18,474

16,529

6,807

-

4,586

2,226

-

-

468

584

145

-

3,307

2,810

-

-

0

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

17,571

17,576

17,584

17,564

16,056

16,057

16,064

16,072

16,335

16,331

16,331

16,331

10,318

10,318

10,290

10,285

9,377

9,559

9,559

9,559

10,035

10,035

10,035

10,035

15,315

15,315

Prepaid expenses and other current assets

80,695

77,328

93,353

96,545

96,933

82,933

100,688

102,072

51,014

34,841

58,653

55,474

46,946

16,326

33,149

26,495

22,131

14,799

30,386

22,140

23,118

17,833

37,228

26,796

21,312

16,811

36,011

24,392

19,795

17,758

27,075

17,418

14,383

12,556

24,744

17,037

13,390

6,540

18,046

Total current assets

1,368,688

1,685,733

1,452,220

1,171,552

1,253,895

1,584,811

1,276,103

1,067,861

959,601

1,297,071

1,083,615

841,634

882,938

1,106,521

939,909

785,358

902,440

1,132,985

917,794

712,617

795,909

969,952

819,286

550,935

586,190

777,820

636,178

451,441

516,585

736,982

580,960

451,182

464,778

679,922

540,580

338,552

376,806

544,049

382,713

Investments in unconsolidated affiliates

61,987

62,231

63,773

63,361

66,587

67,874

59,048

63,161

62,422

60,642

60,015

60,002

61,171

61,456

62,882

61,464

25,662

25,494

25,490

-

-

-

0

-

-

-

-

-

-

-

2,236

-

2,419

2,578

2,065

1,191

40

100

0

Property and equipment, net

76,023

90,830

85,548

89,848

86,407

89,658

92,133

95,269

97,857

98,522

95,074

100,102

102,571

101,579

103,697

103,715

103,579

101,137

89,743

84,397

81,671

79,583

75,808

69,080

62,832

49,639

46,016

43,912

40,816

39,323

34,110

33,408

33,365

30,904

27,647

24,323

22,556

19,020

16,367

Operating lease assets

270,032

293,819

309,421

320,169

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets, net

32,629

34,389

35,681

35,663

35,459

35,109

34,242

33,709

32,478

33,883

35,149

35,304

36,181

25,244

24,782

25,628

24,886

26,380

26,817

27,028

27,721

28,969

32,316

32,848

31,259

30,320

31,858

20,323

10,053

11,549

1,706

4,162

1,830

1,851

2,168

2,150

2,133

2,175

2,340

Other intangibles, net

38,363

39,297

40,444

41,486

42,404

43,409

44,193

45,406

46,405

47,076

47,774

47,797

48,558

9,910

10,217

10,738

10,799

11,461

11,609

11,651

13,075

13,497

14,229

13,741

13,926

14,065

14,018

12,905

13,860

14,269

3,311

3,446

3,581

4,322

18,032

18,243

18,483

18,793

19,137

Deferred income tax assets, net

18,135

25,135

25,253

25,212

22,427

28,336

28,360

27,982

11,439

16,169

16,081

15,901

15,849

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,803

1,803

1,803

1,803

10,672

10,672

Trademarks

438,658

437,247

439,409

438,675

439,742

440,505

440,878

443,900

442,265

441,490

439,637

436,147

435,414

68,637

68,169

69,372

67,267

68,871

68,182

67,040

73,255

75,815

80,425

80,959

81,086

77,499

75,137

74,285

76,062

74,129

13,920

13,975

14,030

13,499

-

-

-

-

-

Goodwill

260,622

259,926

260,687

260,578

261,137

261,366

261,677

263,275

262,710

264,200

264,706

266,901

269,262

50,094

49,864

50,406

49,437

50,164

49,844

49,317

52,130

53,273

55,354

55,572

55,604

55,257

54,153

61,359

60,396

58,629

26,100

26,100

26,100

26,100

26,100

26,100

26,100

26,100

26,100

Total assets

2,565,137

2,928,607

2,712,436

2,446,544

2,208,058

2,551,068

2,236,634

2,040,563

1,915,177

2,259,053

2,042,051

1,803,788

1,851,944

1,423,441

1,259,520

1,106,681

1,184,070

1,416,492

1,189,479

952,050

1,043,761

1,221,089

1,077,418

803,135

830,897

1,004,600

857,360

664,225

717,772

934,881

662,343

532,273

546,103

760,979

618,395

412,362

447,921

620,909

457,329

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Income tax payable

8,468

32,029

6,966

3,588

8,859

25,194

-

-

19,748

22,949

-

-

2,242

25,184

-

-

-

34,444

-

-

-

24,117

-

-

-

30,905

-

-

12,181

27,570

-

-

6,212

24,072

-

0

41

28,232

1,363

Accounts payable

204,786

215,217

346,642

172,806

225,499

224,826

301,427

152,854

232,364

216,860

312,191

164,521

217,902

181,653

244,904

100,215

173,586

175,056

297,724

102,757

174,541

161,850

242,349

103,382

131,241

113,914

195,549

69,682

104,037

118,727

171,374

55,678

96,727

90,225

138,089

49,220

103,012

85,638

107,521

Accrued expenses

101,838

137,402

89,137

78,619

102,841

137,878

95,464

86,058

95,055

128,891

82,387

75,197

95,275

103,844

60,423

51,633

71,218

105,287

56,225

44,399

63,665

89,877

48,773

36,839

56,468

69,432

37,851

30,403

51,998

51,422

25,435

20,950

43,530

40,194

20,086

14,425

34,259

40,511

19,012

Customer refund liabilities

233,418

260,040

179,078

210,310

243,589

235,400

204,360

214,693

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current operating lease liabilities

63,166

66,850

74,297

74,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of notes payable

673

655

683

-

-

-

-

-

-

-

-

-

-

91,334

-

-

-

171,840

5,503

-

-

153,853

45,031

62,950

48,843

215,782

122,092

76,088

65,000

265,092

87,007

83,073

30,050

245,058

141,974

35,000

0

166,739

77,411

Other current liabilities

1,611

1,056

425

147

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to noncontrolling shareholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,733

5,146

4,674

4,180

3,203

2,444

2,275

2,162

1,568

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,529

1,529

Total current liabilities

613,960

713,249

697,228

540,231

580,788

623,298

601,251

453,605

347,167

368,700

394,578

239,718

315,419

402,015

305,327

151,848

244,804

486,627

359,452

147,156

238,206

429,697

341,886

208,317

241,226

430,033

358,695

178,617

233,216

462,811

283,816

159,701

176,519

399,549

300,149

98,645

137,312

322,649

206,836

Notes payable, net of discount and unamortized issuance costs

396,794

674,741

553,118

411,087

386,604

694,277

494,206

448,263

391,044

726,608

568,834

492,796

461,756

-

-

-

-

-

-

-

22,853

-

20,386

20,537

20,560

20,287

19,518

19,231

19,778

18,633

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities, net

7,952

14,300

15,019

14,777

15,128

15,276

15,393

16,388

15,888

16,325

15,721

14,536

14,300

21,575

24,902

25,186

23,840

18,770

19,006

18,678

20,471

20,585

21,936

22,078

22,100

20,026

19,235

16,316

14,442

14,543

1,289

1,289

1,289

-

-

0

0

6,495

6,495

Noncurrent operating lease liabilities

249,040

260,010

272,632

286,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CONTINGENT PURCHASE PRICE PAYABLE

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

888

868

973

1,015

5,503

5,544

5,550

5,936

5,711

5,627

5,787

5,452

-

-

-

-

-

-

-

-

-

Other non-current liabilities

6,719

6,005

6,619

6,960

36,529

37,262

38,567

39,383

40,389

40,488

41,884

40,678

39,233

29,949

29,186

27,996

27,299

26,099

24,958

24,193

-

21,548

19,652

20,154

19,465

18,298

14,257

13,280

13,034

12,280

11,498

10,811

10,323

9,508

8,567

7,625

7,115

6,105

4,289

Total liabilities

1,274,465

1,668,305

1,544,616

1,259,718

1,019,049

1,370,113

1,149,417

957,639

794,488

1,152,121

1,021,017

787,728

830,708

453,539

359,415

205,030

295,943

531,496

404,304

190,895

282,503

472,845

409,363

276,630

308,901

498,760

417,416

233,071

288,532

515,881

298,171

171,801

188,131

409,057

308,716

106,270

144,427

335,249

217,620

Stockholders' Equity
Preferred stock; 1,000 shares authorized; no shares issued and outstanding

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock - $0.01 par value; 120,000 shares authorized; 49,396 and 49,387 shares issued, respectively

264

264

264

264

264

264

263

262

245

247

254

253

253

235

231

229

229

229

232

230

230

229

229

210

209

209

210

208

206

206

205

205

203

203

202

202

201

197

195

Additional paid-in capital

452,142

457,278

456,195

456,835

464,112

461,457

460,000

454,398

451,844

447,555

448,320

442,897

437,777

359,149

360,947

358,460

353,739

354,065

343,582

333,157

328,874

329,944

324,211

188,294

184,841

182,602

179,834

174,389

171,132

168,755

165,749

163,445

160,102

159,173

157,513

155,479

152,340

146,866

143,638

Accumulated other comprehensive loss

-18,008

-23,060

-16,848

-18,421

-15,194

-15,566

-13,587

-2,086

-5,522

-15,499

-19,681

-27,654

-27,722

-20,526

-20,467

-17,657

-23,689

-19,183

-20,112

-21,229

-10,105

-1,969

5,836

6,129

6,165

4,769

1,008

1,144

3,523

3,557

-51

6

4

-97

-53

-41

-19

-43

-41

Retained earnings

893,138

867,850

772,463

761,344

758,881

734,800

640,774

630,633

674,542

675,084

593,501

602,027

612,418

632,534

561,970

563,262

560,491

552,528

465,372

452,896

446,158

423,939

343,323

337,088

335,797

322,895

263,289

259,556

258,437

250,367

202,076

200,715

201,562

196,542

152,987

151,422

151,942

139,610

96,887

Common stock held in treasury, at cost - 1,386 and 678 shares, respectively

36,864

42,030

44,254

13,196

19,054

-

233

283

420

455

1,360

1,463

1,490

1,490

2,576

2,643

2,643

2,643

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

3,899

970

970

970

970

970

Total stockholders' equity

1,290,672

1,260,302

1,167,820

1,186,826

1,189,009

1,180,955

1,087,217

1,082,924

-

1,106,932

1,021,034

1,016,060

-

969,902

900,105

901,651

-

884,996

785,175

-

-

-

669,700

527,822

523,113

506,576

440,442

431,398

429,399

418,986

364,080

360,472

357,972

351,922

309,679

306,092

303,494

285,660

239,709

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,645

-1,317

-1,117

-736

-498

-244

-159

14

92

-

-

-

-

-

-

-

-

Total stockholders' equity

-

-

-

-

-

-

-

-

1,120,689

-

-

-

1,021,236

-

-

-

888,127

-

-

761,155

761,258

748,244

668,055

526,505

521,996

505,840

439,944

431,154

429,240

419,000

364,172

360,472

357,972

351,922

309,679

-

-

-

-

Total liabilities and stockholders' equity

2,565,137

2,928,607

2,712,436

2,446,544

2,208,058

2,551,068

2,236,634

2,040,563

1,915,177

2,259,053

2,042,051

1,803,788

1,851,944

1,423,441

1,259,520

1,106,681

1,184,070

1,416,492

1,189,479

952,050

1,043,761

1,221,089

1,077,418

803,135

830,897

1,004,600

857,360

664,225

717,772

934,881

662,343

532,273

546,103

760,979

618,395

412,362

447,921

620,909

457,329