KATE SPADE & CO Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2 PARK AVENUE NEW YORK, NY 10016 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 233 - Women's, Misses', And Juniors' Outerwear (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 479 | 298 | 184 | 130 | 59 | |||
| Cash and cash equivalent | 479 | 298 | 184 | 130 | 59 | |||
| Receivables | 77 | 97 | 179 | 90 | 122 | |||
| Inventory, net of allowances, customer advances and progress billings | 167 | 192 | 158 | 185 | 221 | |||
| Inventory | 167 | 192 | 158 | 185 | 221 | |||
| Other current assets | 34 | 33 | 42 | 45 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 49 | ||
| Other undisclosed current assets | 2 | (88) | 202 | 1 | ||||
| Total current assets: | 758 | 622 | 475 | 652 | 452 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 167 | 174 | 174 | 149 | 220 | |||
| Intangible assets, net (including goodwill) | 137 | 135 | 155 | 140 | 192 | |||
| Goodwill | 50 | 49 | 65 | 49 | 60 | |||
| Intangible assets, net (excluding goodwill) | 87 | 86 | 90 | 91 | 131 | |||
| Other noncurrent assets | 47 | 48 | 34 | 37 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 39 | ||
| Deferred tax assets, net | 2 | |||||||
| Other undisclosed noncurrent assets | 1 | 89 | 0 | 0 | ||||
| Total noncurrent assets: | 353 | 359 | 452 | 326 | 450 | |||
| TOTAL ASSETS: | 1,110 | 980 | 926 | 978 | 903 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 221 | 263 | 257 | 359 | 412 | |||
| Interest and dividends payable | 0 | |||||||
| Taxes payable | 2 | 2 | 12 | 16 | 20 | |||
| Employee-related liabilities | 5 | |||||||
| Accounts payable | 93 | 109 | 88 | 143 | 175 | |||
| Accrued liabilities | 125 | 152 | 151 | 200 | 217 | |||
| Debt | 4 | 5 | 10 | 3 | 4 | |||
| Restructuring reserve | 14 | ✕ | ✕ | |||||
| Deferred revenue and credits | 8 | 6 | 10 | |||||
| Deferred tax liabilities | 0 | |||||||
| Other undisclosed current liabilities | (36) | 76 | (11) | |||||
| Total current liabilities: | 224 | 267 | 253 | 445 | 416 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 390 | 397 | 400 | 391 | 384 | |||
| Other undisclosed long-term debt and lease obligation | 390 | 397 | 400 | 391 | 384 | |||
| Liabilities, other than long-term debt | 66 | 71 | 74 | 174 | 230 | |||
| Deferred tax liabilities, net | 18 | 19 | 17 | 17 | 21 | |||
| Other liabilities | 49 | 52 | 56 | 157 | 209 | |||
| Total noncurrent liabilities: | 456 | 468 | 474 | 565 | 614 | |||
| Total liabilities: | 680 | 735 | 727 | 1,010 | 1,029 | |||
| Equity | ||||||||
| Equity, attributable to parent | 430 | 245 | 200 | (32) | (127) | |||
| Common stock | 176 | 176 | 176 | 176 | 176 | |||
| Treasury stock, value | (1,276) | (1,282) | (1,292) | (1,365) | (1,512) | |||
| Additional paid in capital | 252 | 225 | 199 | 156 | 147 | |||
| Accumulated other comprehensive loss | (28) | (30) | (30) | (21) | (10) | |||
| Retained earnings | 1,306 | 1,156 | 1,146 | 1,021 | 1,072 | |||
| Total equity: | 430 | 245 | 200 | (32) | (127) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,110 | 980 | 926 | 978 | 903 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 1,381 | 1,243 | 1,155 | 1,297 | 1,548 | ||
| Cost of revenue (Cost of Product and Service Sold) | (555) | (489) | (491) | (582) | (695) | ||
| Other undisclosed gross profit | 17 | 11 | (11) | ||||
| Gross profit: | 827 | 754 | 680 | 726 | 843 | ||
| Operating expenses | (643) | (688) | (707) | (708) | (960) | ||
| Other undisclosed operating income (loss) | 61 | (63) | 82 | ||||
| Operating income (loss): | 184 | 66 | 33 | (46) | (34) | ||
| Nonoperating income (expense) | (8) | (11) | (6) | (2) | 1 | ||
| Gain (loss), foreign currency transaction, before tax | (2) | (1) | 1 | ||||
| Other nonoperating expense | (8) | (11) | (4) | (2) | (0) | ||
| Interest and debt expense | 17 | (2) | (10) | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (29) | (52) | 120 | (13) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 175 | 26 | (8) | 71 | (56) | ||
| Income (loss) from equity method investments | (3) | (1) | 1 | ||||
| Other undisclosed loss from continuing operations before income taxes | (20) | ||||||
| Income (loss) from continuing operations before income taxes: | 156 | 26 | (10) | 70 | (55) | ||
| Income tax expense (benefit) | (4) | (5) | 84 | 3 | (3) | ||
| Other undisclosed loss from continuing operations | (1) | ||||||
| Income (loss) from continuing operations: | 152 | 22 | 74 | 73 | (59) | ||
| Income (loss) before gain (loss) on sale of properties: | 152 | 17 | (8) | 72 | (75) | ||
| Loss from discontinued operations | (5) | (82) | (1) | (15) | |||
| Other undisclosed net income | 167 | 1 | |||||
| Net income (loss) attributable to parent: | 152 | 17 | 159 | 73 | (75) | ||
| Other undisclosed net income available to common stockholders, basic | 2 | ||||||
| Net income (loss) available to common stockholders, basic: | 154 | 17 | 159 | 73 | (75) | ||
| Interest on convertible debt | (5) | 82 | 1 | ||||
| Net income (loss) available to common stockholders, diluted: | 154 | 12 | 242 | 74 | (75) | ||
Comprehensive Income ($ in millions)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 152 | 17 | 159 | 73 | (75) | ||
| Other comprehensive loss | (0) | (9) | (11) | (4) | |||
| Comprehensive income (loss): | 152 | 17 | 150 | 62 | (79) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 4 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 155 | 17 | 150 | 62 | (79) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.