XML 92 R80.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidating Financial Statements (Condensed Consolidating Statements of Income and Comprehensive Income) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Revenues        
Net sales $ 199,485 $ 196,435 $ 596,034 $ 520,981
Other revenues 710 1,171 2,358 3,596
Revenues 200,195 197,606 598,392 524,577
Cost of Sales        
Cost of sales (exclusive of depreciation shown below) 83,411 85,861 249,432 228,424
Gross profit 116,784 111,745 348,960 296,153
Operating Expenses        
Advertising and promotion 29,935 30,144 84,250 74,284
General and administrative 18,135 19,454 52,186 63,588
Depreciation and amortization 6,071 5,154 17,478 11,967
Total operating expenses 54,141 54,752 153,914 149,839
Operating income 62,643 56,993 195,046 146,314
Other (income) expense        
Interest income (31) (20) (91) (67)
Interest expense 19,493 24,612 62,104 57,505
Loss on extinguishment of debt 0 0 451 0
Gain on sale of asset 0 (1,133) 0 (1,133)
Equity in (income) loss of subsidiaries 0 0 0 0
Total other expense 19,462 23,459 62,464 56,305
Income before income taxes 43,181 33,534 132,582 90,009
Provision for income taxes 15,186 12,241 46,611 35,521
Net income 27,995 21,293 85,971 54,488
Comprehensive income, net of tax:        
Currency translation adjustments 4,922 (8,779) (6,562) (16,883)
Total other comprehensive loss 4,922 (8,779) (6,562) (16,883)
Comprehensive income 32,917 12,514 79,409 37,605
Prestige Brands Holdings, Inc.        
Revenues        
Net sales 0 0 0 0
Other revenues 0 0 0 0
Revenues 0 0 0 0
Cost of Sales        
Cost of sales (exclusive of depreciation shown below) 0 0 0 0
Gross profit 0 0 0 0
Operating Expenses        
Advertising and promotion 0 0 0 0
General and administrative 1,370 1,408 3,884 3,662
Depreciation and amortization 1,013 869 3,032 2,381
Total operating expenses 2,383 2,277 6,916 6,043
Operating income (2,383) (2,277) (6,916) (6,043)
Other (income) expense        
Interest income (12,141) (12,226) (36,351) (36,604)
Interest expense 8,602 8,611 26,056 25,788
Loss on extinguishment of debt     0  
Gain on sale of asset   0   0
Equity in (income) loss of subsidiaries (27,711) (20,462) (84,458) (53,718)
Total other expense (31,250) (24,077) (94,753) (64,534)
Income before income taxes 28,867 21,800 87,837 58,491
Provision for income taxes 872 507 1,866 4,003
Net income 27,995 21,293 85,971 54,488
Comprehensive income, net of tax:        
Currency translation adjustments 4,922 (8,779) (6,562) (16,883)
Total other comprehensive loss 4,922 (8,779) (6,562) (16,883)
Comprehensive income 32,917 12,514 79,409 37,605
Prestige Brands, Inc., the issuer or the borrower        
Revenues        
Net sales 27,598 27,937 83,438 80,514
Other revenues 98 83 273 308
Revenues 27,696 28,020 83,711 80,822
Cost of Sales        
Cost of sales (exclusive of depreciation shown below) 11,796 10,296 33,105 30,170
Gross profit 15,900 17,724 50,606 50,652
Operating Expenses        
Advertising and promotion 1,881 2,175 7,602 7,563
General and administrative 1,789 1,879 5,644 7,793
Depreciation and amortization 151 156 444 446
Total operating expenses 3,821 4,210 13,690 15,802
Operating income 12,079 13,514 36,916 34,850
Other (income) expense        
Interest income (21,569) (21,602) (64,584) (52,546)
Interest expense 19,443 24,612 61,654 57,505
Loss on extinguishment of debt     451  
Gain on sale of asset   0   0
Equity in (income) loss of subsidiaries (15,898) (12,977) (52,599) (33,700)
Total other expense (18,024) (9,967) (55,078) (28,741)
Income before income taxes 30,103 23,481 91,994 63,591
Provision for income taxes 4,950 3,782 13,867 10,761
Net income 25,153 19,699 78,127 52,830
Comprehensive income, net of tax:        
Currency translation adjustments 4,922 (8,779) (6,562) (16,883)
Total other comprehensive loss 4,922 (8,779) (6,562) (16,883)
Comprehensive income 30,075 10,920 71,565 35,947
Combined Subsidiary Guarantors        
Revenues        
Net sales 159,783 155,733 477,079 402,967
Other revenues 700 1,166 2,317 3,506
Revenues 160,483 156,899 479,396 406,473
Cost of Sales        
Cost of sales (exclusive of depreciation shown below) 68,148 71,891 206,646 187,218
Gross profit 92,335 85,008 272,750 219,255
Operating Expenses        
Advertising and promotion 25,251 25,202 68,412 58,579
General and administrative 13,463 13,760 38,326 43,079
Depreciation and amortization 4,794 3,864 13,686 8,682
Total operating expenses 43,508 42,826 120,424 110,340
Operating income 48,827 42,182 152,326 108,915
Other (income) expense        
Interest income (1,124) (1,278) (3,513) (3,800)
Interest expense 25,255 25,212 75,604 63,350
Loss on extinguishment of debt     0  
Gain on sale of asset   (1,133)   (1,133)
Equity in (income) loss of subsidiaries (2,033) (1,654) (6,868) (2,565)
Total other expense 22,098 21,147 65,223 55,852
Income before income taxes 26,729 21,035 87,103 53,063
Provision for income taxes 8,582 6,977 28,243 18,179
Net income 18,147 14,058 58,860 34,884
Comprehensive income, net of tax:        
Currency translation adjustments 4,922 (8,779) (6,562) (16,883)
Total other comprehensive loss 4,922 (8,779) (6,562) (16,883)
Comprehensive income 23,069 5,279 52,298 18,001
Combined Non-Guarantor Subsidiaries        
Revenues        
Net sales 12,332 14,273 37,945 40,436
Other revenues 356 266 1,397 1,104
Revenues 12,688 14,539 39,342 41,540
Cost of Sales        
Cost of sales (exclusive of depreciation shown below) 4,448 5,208 13,808 14,998
Gross profit 8,240 9,331 25,534 26,542
Operating Expenses        
Advertising and promotion 2,803 2,767 8,236 8,142
General and administrative 1,513 2,407 4,332 9,054
Depreciation and amortization 113 265 316 458
Total operating expenses 4,429 5,439 12,884 17,654
Operating income 3,811 3,892 12,650 8,888
Other (income) expense        
Interest income (128) (15) (366) (55)
Interest expense 1,124 1,278 3,513 3,800
Loss on extinguishment of debt     0  
Gain on sale of asset   0   0
Equity in (income) loss of subsidiaries 0 0 0 0
Total other expense 996 1,263 3,147 3,745
Income before income taxes 2,815 2,629 9,503 5,143
Provision for income taxes 782 975 2,635 2,578
Net income 2,033 1,654 6,868 2,565
Comprehensive income, net of tax:        
Currency translation adjustments 4,922 (8,779) (6,562) (16,883)
Total other comprehensive loss 4,922 (8,779) (6,562) (16,883)
Comprehensive income 6,955 (7,125) 306 (14,318)
Consolidation, Eliminations        
Revenues        
Net sales (228) (1,508) (2,428) (2,936)
Other revenues (444) (344) (1,629) (1,322)
Revenues (672) (1,852) (4,057) (4,258)
Cost of Sales        
Cost of sales (exclusive of depreciation shown below) (981) (1,534) (4,127) (3,962)
Gross profit 309 (318) 70 (296)
Operating Expenses        
Advertising and promotion 0 0 0 0
General and administrative 0 0 0 0
Depreciation and amortization 0 0 0 0
Total operating expenses 0 0 0 0
Operating income 309 (318) 70 (296)
Other (income) expense        
Interest income 34,931 35,101 104,723 92,938
Interest expense (34,931) (35,101) (104,723) (92,938)
Loss on extinguishment of debt     0  
Gain on sale of asset   0   0
Equity in (income) loss of subsidiaries 45,642 35,093 143,925 89,983
Total other expense 45,642 35,093 143,925 89,983
Income before income taxes (45,333) (35,411) (143,855) (90,279)
Provision for income taxes 0 0 0 0
Net income (45,333) (35,411) (143,855) (90,279)
Comprehensive income, net of tax:        
Currency translation adjustments (14,766) 26,337 19,686 50,649
Total other comprehensive loss (14,766) 26,337 19,686 50,649
Comprehensive income $ (60,099) $ (9,074) $ (124,169) $ (39,630)