KATE SPADE & CO (KATE) financial statements (2020 and earlier)

Company profile

Business Address 2 PARK AVENUE
NEW YORK, NY 10016
State of Incorp. DE
Fiscal Year End December 31
SIC 233 - Women's, Misses', And Juniors' Outerwear (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47929818413059
Cash and cash equivalents47929818413059
Receivables779717990122
Inventory, net of allowances, customer advances and progress billings167192158185221
Inventory167192158185221
Prepaid expense and other current assets49
Other current assets34334245
Other undisclosed current assets 2(88)2021
Total current assets:758622475652452
Noncurrent Assets
Property, plant and equipment167174174149220
Intangible assets, net (including goodwill)137135155140192
Goodwill5049654960
Intangible assets, net (excluding goodwill)87869091131
Other noncurrent assets47483437
Prepaid expense and other noncurrent assets39
Deferred tax assets, net2    
Other undisclosed noncurrent assets 18900
Total noncurrent assets:353359452326450
TOTAL ASSETS:1,110980926978903
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities221263257359412
Accounts payable9310988143175
Accrued liabilities125152151200217
Employee-related liabilities  5  
Taxes payable22121620
Interest and dividends payable  0  
Debt451034
Restructuring reserve  14
Deferred revenue and credits  8610
Deferred tax liabilities    0
Other undisclosed current liabilities  (36)76(11)
Total current liabilities:224267253445416
Noncurrent Liabilities
Long-term debt and lease obligation, including:390397400391384
Other undisclosed long-term debt and lease obligation390397400391384
Liabilities, other than long-term debt667174174230
Deferred tax liabilities, net1819171721
Other liabilities495256157209
Total noncurrent liabilities:456468474565614
Total liabilities:6807357271,0101,029
Stockholders' equity
Stockholders' equity attributable to parent430245200(32)(127)
Common stock176176176176176
Treasury stock, value(1,276)(1,282)(1,292)(1,365)(1,512)
Additional paid in capital252225199156147
Accumulated other comprehensive loss(28)(30)(30)(21)(10)
Retained earnings1,3061,1561,1461,0211,072
Total stockholders' equity:430245200(32)(127)
TOTAL LIABILITIES AND EQUITY:1,110980926978903

Income statement (P&L) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
1,3811,2431,1551,2971,548
Cost of revenue
(Cost of Goods and Services Sold)
(555)(489)(491)(582)(695)
Other undisclosed gross profit  1711(11)
Gross profit:827754680726843
Operating expenses(643)(688)(707)(708)(960)
Other undisclosed operating income (loss)  61(63)82
Operating income (loss):1846633(46)(34)
Nonoperating income (expense)(8)(11)(6)(2)1
Foreign currency transaction gain (loss), 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:17526(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:15626(10)70(55)
Income tax expense (benefit)(4)(5)843(3)
Other undisclosed loss from continuing operations    (1)
Income (loss) from continuing operations:152227473(59)
Loss from discontinued operations (5)(82)(1)(15)
Income (loss) before gain (loss) on sale of properties:15217(8)72(75)
Other undisclosed net income  1671 
Net income (loss) attributable to parent:1521715973(75)
Other undisclosed net income available to common stockholders, basic2    
Net income (loss) available to common stockholders, basic:1541715973(75)
Interest on convertible debt (5)821 
Net income (loss) available to common stockholders, diluted:1541224274(75)

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):1521715973(75)
Other comprehensive loss (0)(9)(11)(4)
Comprehensive income (loss):1521715062(79)
Other undisclosed comprehensive income, net of tax, attributable to parent4    
Comprehensive income (loss), net of tax, attributable to parent:1551715062(79)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: