The Motley Fool

TOTAL ASSETS

	2017	2018
Total Assets	2.10 B	2.10 B

TOTAL LIABILITIES

Total Liabilities

2.46 B

2.37 B

TOTAL EQUITY

Total Equity

-363.62 M

-268.56 M

Balance Sheet

	2015	2016	2017	2018
ASSETS
CURRENT ASSETS
Cash And Equivalents	140.04 M	86.62 M	63.76 M	77.30 M
Receivables	91.09 M	83.98 M	92.24 M	90.49 M
Inventories	885.21 M	907.34 M	930.86 M	944.34 M
Other Current Assets	70.76 M	94.88 M	55.22 M	42.96 M
Total Current Assets	1.19 B	1.17 B	1.14 B	1.16 B
NON-CURRENT ASSETS
Property, Plant & Equipment, Gross	699.35 M	787.42 M	859.78 M	919.38 M
Accumulated Depreciation & Depletion	-	-	-	-
Property, Plant & Equipment, Net	270.85 M	319.56 M	313.72 M	308.36 M
Intangibles	98.85 M	92.96 M	80.30 M	72.70 M
Other Non-Current Assets	-	-	-	-
Total Non-Current Assets	-	-	-	-
TOTAL ASSETS	2.09 B	2.13 B	2.10 B	2.10 B
LIABILITIES
CURRENT LIABILITIES
Accounts Payable	275.92 M	271.38 M	307.75 M	303.24 M
Short Term Debt	0	0	0	0
Current Deferred Revenue	85.90 M	114.66 M	98.04 M	75.97 M
Other Current Liabilities	29.04 M	25.48 M	23.03 M	20.59 M
Total Current Liabilities	491.70 M	488.66 M	572.59 M	491.17 M
Non-Current Liabilities
Long Term Debt	1.78 B	1.78 B	1.77 B	1.77 B
Deferred Income Taxes	-	-	-	-
Other Current Liabilities	-	-	-	-
Minority Interest	-	-	-	-
TOTAL LIABILITIES	2.39 B	2.41 B	2.46 B	2.37 B
SHAREHOLDER EQUITY
Preferred Stock Equity	-	-	-	-
Common Stock Equity	1.52 M	1.45 M	1.30 M	1.20 M
Additional Paid In Capital	0	0	0	0
Retained Earnings	(218.67 M)	(177.56 M)	(283.08 M)	(179.76 M)
Treasury Stock	(2.96 M)	0	-	-
Other Equity Adjustments	(77.70 M)	(100.05 M)	(80.75 M)	(91.36 M)
TOTAL EQUITY	(297.82 M)	(276.17 M)	(363.62 M)	(268.56 M)
TOTAL LIABILITIES & STOCK EQUITY	-	-	-	-

TOTAL ASSETS

	2018-12-31	2019-03-31
Total Assets	2.14 B	2.09 B

TOTAL LIABILITIES

Total Liabilities

2.36 B

2.24 B

TOTAL EQUITY

Total Equity

-214.73 M

-145.08 M

Balance Sheet

	Jun 2018	Sep 2018	Dec 2018	Mar 2019
ASSETS
CURRENT ASSETS
Cash And Equivalents	76.86 M	77.30 M	102.77 M	89.78 M
Receivables	94.58 M	90.49 M	91.78 M	91.43 M
Inventories	950.98 M	944.34 M	982.50 M	953.04 M
Other Current Assets	42.09 M	42.96 M	40.82 M	39.90 M
Total Current Assets	1.16 B	1.16 B	1.22 B	1.17 B
NON-CURRENT ASSETS
Property, Plant & Equipment, Gross	890.16 M	919.38 M	927.17 M	933.22 M
Accumulated Depreciation & Depletion	-	-	-	-
Property, Plant & Equipment, Net	296.61 M	308.36 M	303.16 M	297.12 M
Intangibles	75.74 M	72.70 M	69.60 M	68.37 M
Other Non-Current Assets	-	-	-	-
Total Non-Current Assets	-	-	-	-
TOTAL ASSETS	2.10 B	2.10 B	2.14 B	2.09 B
LIABILITIES
CURRENT LIABILITIES
Accounts Payable	310.49 M	303.24 M	307.49 M	252.47 M
Short Term Debt	0	0	0	0
Current Deferred Revenue	69.70 M	75.97 M	79.36 M	82.61 M
Other Current Liabilities	3.15 M	2.14 M	15.16 M	6.61 M
Total Current Liabilities	549.13 M	491.17 M	484.71 M	420.74 M
Non-Current Liabilities
Long Term Debt	1.77 B	1.77 B	1.77 B	1.71 B
Deferred Income Taxes	-	-	-	-
Other Current Liabilities	-	-	-	-
Minority Interest	-	-	-	-
TOTAL LIABILITIES	2.42 B	2.37 B	2.36 B	2.24 B
SHAREHOLDER EQUITY
Preferred Stock Equity	-	-	-	-
Common Stock Equity	1.20 M	1.20 M	1.20 M	1.20 M
Additional Paid In Capital	0	0	4.80 M	7.59 M
Retained Earnings	(235.40 M)	(179.76 M)	(114.04 M)	(48.31 M)
Treasury Stock	-	-	-	-
Other Equity Adjustments	(92.74 M)	(91.36 M)	(106.70 M)	(105.55 M)
TOTAL EQUITY	(326.21 M)	(268.56 M)	(214.73 M)	(145.08 M)
TOTAL LIABILITIES & STOCK EQUITY	-	-	-	-

TOTAL REVENUES

	2017	2018
Total Revenue	3.94 B	3.93 B

EBT EXCLUDING UNUSUAL ITEMS

EBT Exc. Unusual Items

130.62 M

96.38 M

NET INCOME

Net Income

215.08 M

258.05 M

Income Statement

	2015	2016	2017	2018
Revenue	3.83 B	3.95 B	3.94 B	3.93 B
Cost Of Goods Sold	1.94 B	1.99 B	1.97 B	1.99 B
Gross Profit	1.90 B	1.96 B	1.96 B	1.94 B
OPERATING EXPENSES
Selling, General, & Administrative Expenses	1.32 B	1.36 B	1.35 B	1.49 B
Research & Development	-	-	-	-
Other Expenses	-	-	-	-
Interest Income	-	-	22.68 M	33.62 M
Operating Profit	495.33 M	498.30 M	478.60 M	426.59 M
INCOME FROM CONTINUING OPERATIONS
Interest Expense	(116.84 M)	(144.24 M)	(132.90 M)	(98.16 M)
Pre-Tax Income	143.40 M	131.12 M	130.62 M	96.38 M
Income Taxes	235.09 M	222.94 M	215.08 M	232.05 M
Other Income - Net	235.09 M	222.94 M	215.08 M	232.05 M
Special Income / Charges	-	-	-	26.00 M
Net Income from Continuing Operations	235.09 M	222.94 M	215.08 M	258.05 M
Minority Interest	-	-	-	-
TOTAL NET INCOME	235.09 M	222.94 M	215.08 M	258.05 M

TOTAL REVENUES

	2018-12-31	2019-03-31
Total Revenue	989.45 M	945.85 M

EBT EXCLUDING UNUSUAL ITEMS

EBT Exc. Unusual Items

22.52 M

22.97 M

NET INCOME

Net Income

65.73 M

65.72 M

Income Statement

	Jun 2018	Sep 2018	Dec 2018	Mar 2019
Revenue	996.28 M	966.00 M	989.45 M	945.85 M
Cost Of Goods Sold	502.91 M	487.90 M	508.75 M	477.53 M
Gross Profit	493.37 M	478.09 M	480.70 M	468.32 M
OPERATING EXPENSES
Selling, General, & Administrative Expenses	378.60 M	367.43 M	366.99 M	361.63 M
Research & Development	-	-	-	-
Other Expenses	-	-	-	-
Interest Income	12.54 M	9.10 M	3.98 M	(5.81 M)
Operating Profit	102.23 M	103.13 M	109.74 M	112.51 M
INCOME FROM CONTINUING OPERATIONS
Interest Expense	(24.50 M)	(24.38 M)	(24.49 M)	(23.82 M)
Pre-Tax Income	19.50 M	27.36 M	22.52 M	22.97 M
Income Taxes	58.23 M	51.39 M	62.73 M	65.72 M
Other Income - Net	58.23 M	51.39 M	62.73 M	65.72 M
Special Income / Charges	0	3.80 M	3.00 M	0
Net Income from Continuing Operations	58.23 M	55.19 M	65.73 M	65.72 M
Minority Interest	-	-	-	-
TOTAL NET INCOME	58.23 M	55.19 M	65.73 M	65.72 M

CASH FROM OPERATIONS

	2017	2018
Cash From Operations	343.29 M	372.66 M

CASH FROM INVESTING ACTIVITIES

Cash From Activities

-89.62 M

-95.31 M

CASH FROM FINANCING ACTIVITIES

Cash From Fin. Activities

-277.30 M

-263.28 M

Cash Flow Statement

	2015	2016	2017	2018
Net Income	235.09 M	222.94 M	215.08 M	258.05 M
Depreciation & Amortization	89.39 M	99.66 M	112.32 M	108.83 M
Amortization	-	-	-	-
Deferred Income Taxes	7.12 M	21.46 M	14.12 M	(20.54 M)
Non Cash Operations	-	-	-	-
Changes Working Capital	(31.86 M)	(39.57 M)	(48.45 M)	10.92 M
Cash from Operating Activities	300.79 M	354.11 M	343.29 M	372.66 M
Capital Expenditures	(106.53 M)	(151.22 M)	(89.67 M)	(86.51 M)
Other Investing Cash Flow Items	(6.29 M)	(23.61 M)	41.00 K	(8.81 M)
Cash from Investing Activities	(112.82 M)	(174.83 M)	(89.62 M)	(95.31 M)
Financing Cash Flow Items	22.08 M	(12.75 M)	(8.38 M)	(1.15 M)
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	(173.21 M)	(192.85 M)	(329.53 M)	(165.35 M)
Issuance (Retirement) of Debt, Net	(831.00 K)	(26.54 M)	60.61 M	(96.78 M)
Cash from Financing Activities	(151.96 M)	(232.14 M)	(277.30 M)	(263.28 M)
Foreign Exchange Effectss	(2.55 M)	(561.00 K)	779.00 K	(530.00 K)
Cash Dividends Paid	-	-	-	-
Net Change In Cash	33.46 M	(53.42 M)	(22.86 M)	13.54 M
Cash Interest Paid	-	-	-	-
Cash Taxes Paid	107.59 M	123.74 M	114.55 M	70.25 M

CASH FROM OPERATIONS

	2018-12-31	2019-03-31
Cash From Operations	50.26 M	110.11 M

CASH FROM INVESTING ACTIVITIES

Cash From Activities

-24.16 M

-37.24 M

CASH FROM FINANCING ACTIVITIES

Cash From Fin. Activities

73.00 K

-59.93 M

Cash Flow Statement

	Jun 2018	Sep 2018	Dec 2018	Mar 2019
Net Income	202.86 M	258.05 M	65.73 M	131.45 M
Depreciation & Amortization	81.43 M	108.83 M	26.51 M	53.28 M
Amortization	-	-	-	-
Deferred Income Taxes	(25.13 M)	(20.54 M)	4.60 M	8.53 M
Non Cash Operations	-	-	-	-
Changes Working Capital	10.82 M	10.92 M	(50.92 M)	(83.98 M)
Cash from Operating Activities	281.93 M	372.66 M	50.26 M	110.11 M
Capital Expenditures	(62.17 M)	(86.51 M)	(23.71 M)	(46.40 M)
Other Investing Cash Flow Items	(9.18 M)	(8.81 M)	(451.00 K)	9.16 M
Cash from Investing Activities	(71.35 M)	(95.31 M)	(24.16 M)	(37.24 M)
Financing Cash Flow Items	(1.15 M)	(1.15 M)	-	-
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	(163.52 M)	(165.35 M)	1.45 M	1.72 M
Issuance (Retirement) of Debt, Net	(31.90 M)	(96.78 M)	(1.38 M)	(61.65 M)
Cash from Financing Activities	(196.58 M)	(263.28 M)	73.00 K	(59.93 M)
Foreign Exchange Effectss	(913.00 K)	(530.00 K)	(692.00 K)	(460.00 K)
Cash Dividends Paid	-	-	-	-
Net Change In Cash	13.10 M	13.54 M	25.48 M	12.48 M
Cash Interest Paid	-	-	-	-
Cash Taxes Paid	53.56 M	70.25 M	3.77 M	37.52 M