Company Information

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Address: 747 WAREHOUSE STREET  
City: LOS ANGELES 
State: CA 
Zip Code: 90021 
Telephone: 213-488-0226 


Description of Business


Primary SIC Code: 6770
(As filed with the SEC)  

American Apparel, Inc., a Delaware corporation, was incorporated in Delaware on July 22, 2005 as Endeavor Acquisition Corp., a blank check company formed to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business. On December 21, 2005, Endeavor Acquisition Corp. consummated its initial public offering, and on December 18, 2006, entered into an Agreement and Plan of Reorganization with American Apparel, Inc., a California corporation ("Old American Apparel"), and its affiliated companies. Endeavor Acquisition Corp. consummated the acquisition of Old American Apparel and its affiliated companies on December 12, 2007 (the "Acquisition") and changed its name to American Apparel, Inc. Pursuant to the Acquisition, Old American Apparel merged with and into AAI Acquisition LLC, a Delaware limited liability company and a wholly owned subsidiary of Endeavor Acquisition Corp.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20090.02NA175.50
06/20090.00NAN/E
03/20090.03NA97.33
12/20080.20NA9.95
09/20080.20NA41.00
06/20080.29NA22.93
03/20080.30NA31.50
12/20070.31NA48.39

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2008 Leverage 2008
Net Inc/Comm Equity0.12Total Liab/Total Assets0.59
Net Inc/Total Assets0.04Total Liab/Inv Cap1.04
Net Inc/Inv Cap0.07Total Liab/Comm Equity1.62
Pretax Inc/Net Sales0.04Interest Coverage Ratio2.53
Net Inc/Net Sales0.03Curr Debt/Equity0.27
Cash Flow/Net Sales0.04LTD/Equity0.53
SG&A/NetSales0.48Total Debt/Equity0.80
Asset Utilization   Liquidity  
Net Receivables Turnover23.64Quick Ratio0.36
Inventory Turnover1.93Current Ratio1.74
Inventory Day Sales0.00Net Rec/Curr Assets0.13
Net Sales/Work Cap6.84Inv/Curr Assets0.79
Net Sales/PP&E4.85  

Income Statement (Millions)

  9/30/2009 6/30/2009 3/31/2009 12/31/2008
Total Revenues(Net Sales) 150.32 136.06 114.28 145.64
Cost of Goods Sold 63.03 55.85 48.89 64.97
Selling & Admin Exps 76.07 72.91 69.30 71.45
Operating Income 11.21 7.30 -3.90 9.23
Interest Exp -12.48 4.84 7.64 3.65
Pretax Income 7.49 5.67 -13.41 5.91
Other Income 1.65 3.20 -1.88 0.40
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 4.16 4.46 -10.56 3.88

Balance Sheet (Millions)

Assets 9/30/2009 6/30/2009 3/31/2009 12/31/2008
Cash & Short Term Investments 6.10 8.78 6.99 11.37
Receivables - Total 26.01 24.43 18.27 23.51
Inventories - Total 152.64 159.27 147.01 148.15
Total Current Assets 191.39 199.07 176.91 186.96
Net Property, Plant & Equipment 106.51 110.48 109.69 112.41
Total Assets 334.73 346.38 323.10 333.01
Liabilities        
Accounts Payable 46.13 50.53 51.78 67.88
Debt in Current Liabilities 34.78 53.34 41.47 36.93
Total Current Liabilities 80.91 103.87 95.11 107.22
Long-Term Debt 69.85 65.97 62.13 72.33
Total Liabilities 179.31 196.00 180.16 196.59
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 NA NA NA
Common Stock 0.01 0.01 0.01 0.01
Retained Earnings 15.96 11.80 7.34 17.90
Treasury Stock -10.04 -10.04 -10.04 -10.04
Total Stockholders' Equity 155.42 150.38 142.94 136.41
Total Liabilities and Stockholders' Equity 334.73 346.38 323.10 333.01

Cash Flow Summary (Millions)

Categories 9/30/2009 6/30/2009 3/31/2009 12/31/2008
Net Cash Provided by Operating Activities 20.21 -1.93 -3.61 20.31
Net Cash Provided by Investing Activities -3.56 -6.05 -7.50 -16.58
Net Cash Provided by Financing Activities -19.34 9.30 7.89 -9.07

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20050.000.05--
12/20060.002.87--
12/2007387.0415.480.31
12/2008545.0514.110.20
Growth RatesInfinity538.10--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/097422,17931.22




Report Date : 3/15/2010

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