G III APPAREL GROUP LTD /DE/ company info

CIK 821002
IRS Number 411590959
State of incorporation DE
Business address 512 SEVENTH AVE
None
NEW YORK
NY
10018
Mail address 512 SEVENTH AVENUE
None
NEW YORK
NY
10018

Short summary

G III APPAREL GROUP LTD /DE/ is a New York company, with head office located at 512 Seventh Ave New York, New York 10018. The company achieved a record breaking net income in 2015 - 114.33 million USD. In 2017 the company owned a total of 2.04 billion USD worth of assets, including 1.07 billion USD worth of current assets. An analysis of the recent trend shows a steady growth of company assets, with a 13.13% growth from the last year and a 394.85% increase in the 7 year period.

G III APPAREL GROUP LTD /DE/ Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Gross Profit 266.87351.05370.72451.64585.63757.26838.64840.861,054.91
Selling, General and Administrative Expense 205.28248.38277.02341.24440.51571.99628.76704.44855.25
Operating Income (Loss) 56.2196.9386.22100.49130.83164.90184.4893.46153.99
Interest expense 4.035.717.76
Other Nonoperating Income (Expense) 11.491.34-0.03-0.45
Income Tax Expense (Benefit) 19.7836.2229.6235.4445.8359.4564.8025.8247.93
Net income 31.7256.6849.6256.8877.36110.36114.3351.9462.12

G III APPAREL GROUP LTD /DE/ Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 2.5146.8112.7038.3420.6223.6185.7195.4567.1371.05
Accounts Receivable, Net, Current 128.22176.53151.84145.01208.77213.75256.21429.15
Inventories 167.75208.76242.07322.66371.22406.72445.97463.46
Deferred income taxes 10.049.5610.2917.5817.57
Property, Plant and Equipment, Gross 52.8368.81101.21120.14163.71179.23195.65
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 19.4628.0038.3738.4760.1376.6697.80
Goodwill 26.1026.1061.3655.5749.3250.41266.90263.28
Intangible Assets, Net (Excluding Goodwill) 18.2417.4214.27
Other Assets, Noncurrent 2.151.7820.3232.8527.0325.6335.3033.71
Total assets 412.36532.27664.23803.14952.051,106.681,803.792,040.56
Current assets 338.55451.18451.44550.94712.62785.36841.631,067.86
Accounts payable 49.2255.6869.68103.38102.76100.22164.52152.85
Taxes Payable, Current 30.9124.1234.442.2419.75
Total current liabilities 98.65159.70178.62208.32147.16151.85239.72453.61
Long-term Debt 492.80448.26
Deferred income taxes 01.2916.3222.0818.6825.1914.5416.39
Total liabilities 106.27171.80233.07276.63190.90205.03787.73957.64
Common Stock, Value, Issued 0.200.210.210.210.230.230.250.26
Retained Earnings (Accumulated Deficit) 151.42200.72259.56337.09452.90563.26602.03630.63
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.040.011.146.13-21.23-17.66-27.65-2.09

G III APPAREL GROUP LTD /DE/ Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income 31.7256.6849.6256.8877.36110.36114.3351.9462.12
Depreciation and amortization 5.737.479.9413.6820.3725.3932.4837.78
Depreciation 4.408.708.7011.4017.902329.6032.80
Amortization of Intangible Assets 1.300.901.201.6021.902.504.50
Depreciation and amortization 5.385.737.479.9113.6820.3725.39
Deferred Income Tax Expense (Benefit) -2.986.133.57-1.190.750.863.59-7.324.08
Accounts receivable 3.7664.8924.178.25-18.6137.5723.6229.3129.95
Inventories 3.2785.1248.5316.8635.5869.7759.91-12.6368.78
Net Cash Provided by (Used in) Operating Activities 44.00-28.656.7854.49
Payments to Acquire Property, Plant, and Equipment 1.4819.4117.4111.62
Payments to Acquire Productive Assets 17.4111.6229.2842.5742.1724.9334.51
Payments to Acquire Businesses, Net of Cash Acquired 80.2549.13465.40
Net Cash Provided by (Used in) Investing Activities -7.02-19.41-21.06-89.98
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -21.06-89.98-78.41-39.36-67.66-525.76-33.91
Proceeds from Issuance of Long-term Debt 283.20
Proceeds from Issuance of Common Stock 34.66128.69
Payments for Repurchase of Common Stock 2.93
Net Cash Provided by (Used in) Financing Activities 7.3611.2728.8837.67
Cash and Cash Equivalents, Period Increase (Decrease) 44.31-36.7714.622.70-5.27106.264.23-52.63-34.18