Iconix Brand Group, Inc. (ICON) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1450 BROADWAY, 4TH FL NEW YORK, NY 10018 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 314 - Footwear, Except Rubber (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 50 | 55 | 67 | 66 | 149 | 170 | ||
| Cash and cash equivalents | 50 | 55 | 67 | 66 | 149 | 170 | ||
| Restricted cash and investments | 9 | 16 | 16 | 49 | 177 | 50 | ||
| Receivables | 25 | 31 | 38 | 67 | 85 | 104 | ||
| Contract with customer, asset | 14 | 9 | 5 | ✕ | ✕ | ✕ | ||
| Deferred tax assets | ✕ | ✕ | 2 | |||||
| Other current assets | 2 | 21 | 28 | 52 | 32 | 44 | ||
| Total current assets: | 100 | 134 | 153 | 233 | 444 | 370 | ||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 5 | 6 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 2 | 3 | 5 | 6 | 9 | 7 | ||
| Long-term investments and receivables | 16 | 45 | 90 | 91 | 99 | 147 | ||
| Long-term investments | 16 | 45 | 90 | 91 | 99 | 147 | ||
| Intangible assets, net (including goodwill) | 273 | 300 | 364 | 530 | 1,433 | 1,954 | ||
| Goodwill | 26 | 26 | 26 | 64 | 224 | 257 | ||
| Intangible assets, net (excluding goodwill) | 247 | 274 | 338 | 466 | 1,208 | 1,697 | ||
| Contract with customer, asset, net | 11 | 12 | 15 | ✕ | ✕ | ✕ | ||
| Deferred costs | 15 | |||||||
| Other noncurrent assets | 6 | 7 | 6 | 6 | 19 | 29 | ||
| Deferred tax assets, net | ✕ | ✕ | 4 | 1 | ||||
| Total noncurrent assets: | 313 | 372 | 479 | 637 | 1,561 | 2,152 | ||
| TOTAL ASSETS: | 413 | 506 | 632 | 871 | 2,006 | 2,522 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 30 | 52 | 45 | 49 | 72 | 52 | ||
| Other undisclosed accounts payable and accrued liabilities | 30 | 52 | 45 | 49 | 72 | 52 | ||
| Deferred revenue | 5 | 5 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 28 | 62 | 54 | 44 | 160 | 61 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 6 | 20 | 29 | ||
| Other liabilities | 4 | 14 | 10 | 14 | 1 | 4 | ||
| Other undisclosed current liabilities | 5 | |||||||
| Total current liabilities: | 67 | 132 | 114 | 113 | 254 | 146 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 536 | 584 | 621 | 756 | 1,094 | 1,403 | ||
| Long-term debt, excluding current maturities | 536 | 584 | 621 | 756 | 1,094 | 1,403 | ||
| Liabilities, other than long-term debt | 34 | 8 | 8 | 22 | 101 | 203 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 5 | 11 | 86 | 184 | ||
| Deferred income tax liabilities | 5 | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 29 | 8 | 4 | 10 | 15 | 20 | ||
| Other undisclosed noncurrent liabilities | 4 | 1 | 5 | 5 | ||||
| Total noncurrent liabilities: | 570 | 596 | 629 | 779 | 1,200 | 1,611 | ||
| Total liabilities: | 637 | 728 | 744 | 891 | 1,454 | 1,757 | ||
| Temporary equity, carrying amount | 24 | 34 | 34 | 30 | 57 | 70 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | (275) | (283) | (173) | (74) | 375 | 591 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (845) | (844) | (844) | (844) | (843) | (837) | ||
| Additional paid in capital | 1,048 | 1,045 | 1,037 | 1,045 | 1,034 | 974 | ||
| Accumulated other comprehensive loss | (43) | (55) | (53) | (51) | (70) | (61) | ||
| Retained earnings (accumulated deficit) | (436) | (429) | (313) | (224) | 255 | 515 | ||
| Stockholders' equity attributable to noncontrolling interest | 27 | 27 | 27 | 23 | 119 | 104 | ||
| Total stockholders' equity: | (249) | (256) | (146) | (51) | 495 | 695 | ||
| TOTAL LIABILITIES AND EQUITY: | 413 | 506 | 632 | 871 | 2,006 | 2,522 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 109 | 149 | 188 | 226 | 368 | 379 | |
| Revenue, net | ✕ | ✕ | ✕ | 226 | 394 | 379 | |
| Other income | 91 | 18 | |||||
| Gross profit: | 109 | 149 | 188 | 226 | 368 | 379 | |
| Operating expenses | (41) | (178) | (122) | (763) | (615) | (647) | |
| Other undisclosed operating income (loss) | 0 | (2) | (184) | (28) | 4 | 5 | |
| Operating income (loss): | 68 | (31) | (119) | (565) | (243) | (263) | |
| Nonoperating income (expense) | (73) | (63) | 36 | (89) | (83) | (22) | |
| Investment income, nonoperating | 0 | 0 | 0 | 0 | 2 | 4 | |
| Foreign currency transaction gain (loss), before tax | (2) | (1) | (1) | (3) | 1 | 9 | |
| Interest and debt expense | (68) | (57) | 4 | (21) | (6) | (86) | |
| Loss from continuing operations before equity method investments, income taxes: | (73) | (151) | (79) | (674) | (332) | (371) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 68 | 57 | (4) | 21 | 6 | 86 | |
| Loss from continuing operations before income taxes: | (5) | (94) | (83) | (653) | (326) | (284) | |
| Income tax expense (benefit) | 2 | (8) | 7 | 96 | 76 | 95 | |
| Other undisclosed loss from continuing operations | (13) | ||||||
| Loss from continuing operations: | (3) | (102) | (90) | (557) | (250) | (189) | |
| Income from discontinued operations | 49 | ||||||
| Net loss: | (3) | (102) | (90) | (508) | (250) | (189) | |
| Net loss attributable to noncontrolling interest | (3) | (0) | |||||
| Other undisclosed net income (loss) attributable to parent | (4) | (10) | (11) | 19 | |||
| Net loss attributable to parent: | (7) | (112) | (101) | (489) | (252) | (189) | |
| Preferred stock dividends and other adjustments | (0) | (5) | (6) | ||||
| Net loss available to common stockholders, diluted: | (7) | (112) | (106) | (495) | (252) | (189) | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (3) | (102) | (90) | (508) | (250) | (189) | |
| Other comprehensive income (loss) | 12 | (2) | (5) | 19 | (10) | (37) | |
| Other undisclosed comprehensive loss | (49) | ||||||
| Comprehensive income (loss): | 9 | (103) | (95) | (538) | (259) | (226) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (4) | (10) | (11) | 22 | (3) | (0) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 5 | (113) | (105) | (516) | (262) | (226) | |
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.