XML 71 R34.htm IDEA: XBRL DOCUMENT v3.3.0.814
Restatement (Table)
9 Months Ended
Sep. 30, 2015
Accounting Changes And Error Corrections [Abstract]  
Adjustment previously reported unaudited condensed consolidated statements of income and comprehensive income

Adjustments to the Company’s previously reported unaudited condensed consolidated statements of income and comprehensive income are identified in the tables below:

 

 

Three Months Ended September 30, 2014

 

 

Nine Months Ended September 30, 2014

 

 

As Previously

Reported

 

 

Adjustments

 

 

As Restated

 

 

As Previously

Reported

 

 

Adjustments

 

 

As Restated

 

Licensing revenue

$

95,070

 

 

$

(3,458

)

 

$

91,612

 

 

$

304,778

 

 

$

(5,444

)

 

$

299,334

 

Other revenue

 

18,680

 

 

 

 

 

 

18,680

 

 

 

44,053

 

 

 

(5,363

)

 

 

38,690

 

Total revenue

 

113,750

 

 

 

(3,458

)

 

 

110,292

 

 

 

348,831

 

 

 

(10,807

)

 

 

338,024

 

Selling, general and administrative

   expenses

 

50,190

 

 

 

(3,312

)

 

 

46,878

 

 

 

142,685

 

 

 

(4,188

)

 

 

138,497

 

Operating income

 

63,560

 

 

 

(146

)

 

 

63,414

 

 

 

206,146

 

 

 

(6,619

)

 

 

199,527

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before taxes

 

47,119

 

 

 

(146

)

 

 

46,973

 

 

 

195,075

 

 

 

(6,619

)

 

 

188,456

 

Provision for income taxes

 

9,907

 

 

 

(51

)

 

 

9,856

 

 

 

56,239

 

 

 

(2,317

)

 

 

53,922

 

Net income

 

37,212

 

 

 

(95

)

 

 

37,117

 

 

 

138,836

 

 

 

(4,302

)

 

 

134,534

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Iconix Brand

   Group, Inc.

$

33,779

 

 

$

(95

)

 

$

33,684

 

 

$

128,866

 

 

$

(4,302

)

 

$

124,564

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

          Basic

$

0.70

 

 

$

0.00

 

 

$

0.70

 

 

$

2.65

 

 

$

(0.09

)

 

$

2.56

 

          Diluted

$

0.58

 

 

$

0.00

 

 

$

0.58

 

 

$

2.21

 

 

$

(0.07

)

 

$

2.14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comprehensive income

$

10,738

 

 

$

(95

)

 

$

10,643

 

 

$

109,742

 

 

$

(4,302

)

 

$

105,440

 

Comprehensive income attributable to

   Iconix Brand Group, Inc.

$

7,305

 

 

$

(95

)

 

$

7,210

 

 

$

99,772

 

 

$

(4,302

)

 

$

95,470