G iii apparel group ltd /de/ (GIII)
Income statement / 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'11Oct'10Jul'10
Net sales

754,617

1,128,403

643,892

633,552

766,785

1,072,982

624,698

611,743

714,897

1,024,993

538,006

529,042

603,289

883,476

442,267

457,403

527,428

909,865

473,884

432,965

514,323

812,330

424,010

366,192

472,756

668,702

304,158

272,615

375,278

543,513

251,479

229,449

294,346

510,009

229,975

196,871

450,002

188,960

Cost of goods sold

503,529

729,384

412,123

397,488

507,847

690,882

393,154

377,216

455,960

633,897

335,016

327,326

404,725

562,024

286,624

291,734

348,614

572,808

305,544

278,538

330,834

517,078

275,626

236,058

306,860

441,400

204,739

180,223

257,691

353,306

176,636

160,759

210,931

347,734

164,404

137,416

296,055

128,206

Gross profit

251,088

399,019

231,769

236,064

258,938

382,100

231,544

234,527

258,937

391,096

202,990

201,716

198,564

321,452

155,643

165,669

178,814

337,057

168,340

154,427

183,489

295,252

148,384

130,134

165,896

227,302

99,419

92,392

117,587

190,207

74,843

68,690

83,415

162,275

65,571

59,455

153,947

60,754

Selling, general and administrative expenses

187,293

246,580

196,448

201,859

201,780

232,052

198,860

202,071

219,247

242,740

195,849

197,411

199,889

198,274

153,168

153,105

159,201

191,044

141,483

137,034

141,557

176,383

131,609

122,441

140,177

125,457

89,044

85,828

98,887

106,287

69,454

66,614

72,310

86,958

59,826

57,925

80,140

53,844

Depreciation and amortization

9,772

9,701

9,789

9,473

9,951

10,033

9,455

9,380

10,303

6,906

10,736

9,838

9,583

8,033

7,672

7,193

7,180

6,611

5,914

5,687

5,603

5,589

4,955

4,227

4,155

3,158

3,242

3,121

2,943

2,811

2,100

2,053

2,222

1,875

1,852

1,524

1,508

1,277

Gain on lease terminations

-

124

1,393

829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating profit

32,306

142,862

26,925

25,561

44,394

140,015

23,229

23,076

21,503

141,450

-3,595

-5,533

-21,388

115,145

-5,197

5,371

12,433

139,402

20,943

11,706

36,329

113,280

11,820

3,466

21,564

98,687

7,133

3,443

15,757

81,109

3,289

23

8,883

73,442

3,893

6

72,299

5,633

Other loss

-427

677

-751

-648

-2,657

176

-28

-451

1,522

-2,072

369

-1,232

-

-

-

-

-

896

-

-

-

11,950

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity earnings (loss) in unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,437

348

269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity loss in joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-586

-273

-146

286

-2,083

337

376

99

-

-

Interest and financing charges, net

10,784

12,518

10,785

10,320

11,771

12,323

10,210

9,620

11,096

11,431

10,107

9,729

-19,588

1,701

1,056

1,242

-10,798

1,955

1,177

975

-13,929

1,988

2,290

1,709

-2,123

-2,949

-1,750

-1,777

-2,243

-3,073

-1,034

-1,104

-9,721

2,297

952

759

1,706

634

Income before income taxes

21,095

131,021

15,389

14,593

29,966

127,868

12,991

13,005

11,929

127,947

-13,333

-16,494

-32,738

112,007

-5,905

4,398

10,293

138,343

19,766

10,731

33,912

123,242

9,530

1,757

19,441

95,738

5,383

1,666

13,500

77,763

2,109

-1,367

6,719

70,808

2,565

-852

70,593

4,999

Income tax expense

-4,193

35,634

4,270

2,550

5,886

33,843

2,914

3,120

12,471

46,322

-4,765

-6,103

-12,634

41,443

-4,612

1,627

2,329

51,187

7,313

3,971

11,691

43,469

3,622

668

6,767

36,381

2,045

633

5,604

29,550

802

-520

1,699

27,253

1,000

-332

27,871

2,000

Net income

25,288

95,387

11,119

12,043

24,080

94,025

10,077

9,885

-542

81,625

-8,568

-10,391

-20,104

70,564

-1,293

2,771

7,964

87,156

12,453

6,760

22,220

80,615

6,236

1,290

13,055

59,595

3,592

1,118

8,069

48,291

1,362

-847

5,020

43,555

1,565

-520

42,722

2,999

Add: Loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-842

-328

-201

-381

-238

-254

-85

-

-78

-55

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,964

87,156

12,453

6,760

22,221

79,773

5,908

1,089

12,674

59,357

3,338

1,033

7,896

48,213

1,307

-847

-

43,555

1,565

-

-

-

NET INCOME PER COMMON SHARE:
Basic:
Net income per common share

0.50

2.00

0.23

0.25

0.50

1.91

0.20

0.20

-0.01

1.67

-0.18

-0.21

-0.45

1.54

-0.03

0.06

0.17

1.92

0.28

0.15

0.57

1.80

0.15

0.03

-1.26

2.92

0.18

0.06

0.40

2.41

0.07

-0.04

0.27

2.19

0.08

-0.03

2.22

0.16

Weighted average number of shares outstanding (in shares)

47,837

47,768

48,450

48,781

49,033

49,231

49,169

49,127

49,097

48,846

48,689

48,648

93,601

45,918

45,667

45

90,883

45,311

45,073

44

87,351

44,822

42

40,976

101,719

20,399

20,305

20,161

20,116

20,053

19,995

19,860

19,772

19,845

19,848

19,719

19,227

19

Diluted:
Net income per common share

0.50

1.97

0.23

0.24

0.49

1.86

0.20

0.20

-0.01

1.65

-0.18

-0.21

-0.43

1.50

-0.03

0.06

0.17

1.87

0.27

0.15

0.55

1.76

0.14

0.03

-1.22

2.85

0.17

0.05

0.40

2.37

0.07

-0.04

-

2.16

0.08

-

2.16

0.15

Weighted average number of shares outstanding (in shares)

48,334

48,356

49,116

49,774

50,050

50,494

50,415

50,137

52,135

49,528

48,689

48,648

96,960

46,902

45,667

46

93,113

46,526

46,362

46

89,884

45,724

43

42,044

104,846

20,911

20,753

20,402

20,528

20,401

20,331

19,860

-

20,172

20,253

-

19,764

19

Net income

25,288

95,387

11,119

12,043

24,080

94,025

10,077

9,885

-542

81,625

-8,568

-10,391

-20,104

70,564

-1,293

2,771

-

-

12,453

6,760

22,220

80,615

6,236

1,290

13,055

59,595

3,592

1,118

8,069

48,291

1,362

-847

5,020

43,555

1,565

-520

42,722

2,999

Other comprehensive income (loss):
Foreign currency translation adjustments

5,052

-6,212

1,573

-3,227

372

-1,979

-11,501

3,436

9,977

4,182

7,973

68

-7,196

-59

-2,810

6,032

-4,506

929

1,117

-11,124

-8,136

-7,805

-293

-36

1,396

3,761

-136

-2,379

-34

3,608

-57

2

-55

44

12

22

-

-

Other comprehensive income (loss)

5,052

-6,212

1,573

-3,227

372

-1,979

-11,501

3,436

9,977

4,182

7,973

68

-7,196

-59

-2,810

6,032

-4,506

929

1,117

-11,124

-8,136

-7,805

-293

-36

1,396

3,761

-136

-2,379

-34

3,608

-57

2

-55

44

12

22

-

-

Comprehensive income

30,340

89,175

12,692

8,816

24,452

92,046

-1,424

13,321

9,435

85,807

-595

-10,323

-27,300

70,505

-4,103

8,803

3,458

88,085

13,570

-4,364

14,084

72,810

5,943

1,254

14,451

63,356

3,456

-1,261

8,035

51,899

1,305

-845

5,121

43,511

1,553

-542

-

-