| Address:
|
512 SEVENTH AVE
|
| City: |
NEW YORK |
|
State: |
NY |
|
Zip Code: |
10018 |
| Telephone: |
212-629-8830 |
|
Description of Business
|
Primary SIC Code:
2300 |
| (As filed with the SEC)
|
|
|
Unless the context otherwise requires, "G-III", "us", "we" and "our" refer to
G-III Apparel Group, Ltd. and its subsidiaries. References to fiscal years refer
to the year ended or ending on January 31 of that year. For example, our fiscal
year ended January 31, 2011 is referred to as "fiscal 2011".
All share and per share information in this Annual Report has been adjusted to
give retroactive effect to a three-for-two stock split of our Common Stock in
March 2006.
Overview
G-III designs, manufactures and markets an extensive range of outerwear, women's
sportswear and dresses, including coats, jackets, pants, women's suits and
women's performance wear. We sell our products under licensed brands, our own
proprietary brands and private retail labels. We provide high quality apparel
under recognized brands to a cross section of leading retailers such as Macy's,
Bloomingdale's, Nordstrom, Lord & Taylor, The Bon-Ton Stores, Dillards, JC
Penney and Kohl's. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 10/2011 | 2.83 | NA | 9.96 | | 07/2011 | 2.85 | NA | 10.83 | | 04/2011 | 2.92 | NA | 15.36 | | 01/2011 | 2.88 | NA | 12.11 | | 10/2010 | 2.76 | NA | 9.57 | | 07/2010 | 2.48 | NA | 10.40 | | 04/2010 | 2.17 | NA | 13.18 | | 01/2010 | 1.83 | NA | 9.51 |
Key Financial Ratios and Statistics |
FYE:
01/31 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.37 | Total Liab/Total Assets | 0.34 | | Net Inc/Total Assets | 0.12 | Total Liab/Inv Cap | 0.48 | | Net Inc/Inv Cap | 0.18 | Total Liab/Comm Equity | 1.01 | | Pretax Inc/Net Sales | 0.09 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.05 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | -0.03 | LTD/Equity | NA | | SG&A/NetSales | 0.23 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 8.89 | Quick Ratio | 1.25 | | Inventory Turnover | 4.39 | Current Ratio | 2.72 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.40 | | Net Sales/Work Cap | 4.44 | Inv/Curr Assets | 0.54 | | Net Sales/PP&E | 47.15 | | |
Income Statement (Millions) |
| |
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Total Revenues(Net Sales)
|
510.01
|
229.98
|
196.87
|
270.17
|
|
Cost of Goods Sold
|
347.73
|
164.40
|
137.42
|
182.86
|
|
Selling & Admin Exps
|
86.96
|
59.83
|
57.93
|
64.72
|
|
Operating Income
|
73.44
|
3.89
|
0.01
|
20.93
|
|
Interest Exp
|
4.01
|
NA
|
NA
|
-2.70
|
|
Pretax Income
|
70.81
|
2.57
|
-0.85
|
19.60
|
|
Other Income
|
NA
|
NA
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
43.56
|
1.57
|
-0.52
|
12.33
|
|
Assets
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Cash & Short Term Investments
|
16.08
|
8.57
|
12.70
|
10.05
|
|
Receivables - Total
|
380.10
|
183.56
|
140.23
|
150.36
|
|
Inventories - Total
|
273.16
|
322.39
|
167.75
|
205.00
|
|
Total Current Assets
|
681.90
|
542.56
|
340.53
|
378.79
|
|
Net Property, Plant & Equipment
|
30.90
|
27.65
|
24.32
|
22.56
|
|
Total Assets
|
769.46
|
626.88
|
420.84
|
456.40
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
156.47
|
160.16
|
65.63
|
139.29
|
|
Debt in Current Liabilities
|
245.06
|
141.97
|
35.00
|
NA
|
|
Total Current Liabilities
|
401.53
|
302.13
|
100.63
|
139.29
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
417.54
|
317.20
|
114.75
|
152.91
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.20
|
0.20
|
0.20
|
0.20
|
|
Retained Earnings
|
196.54
|
152.99
|
151.42
|
151.94
|
|
Treasury Stock
|
-3.90
|
-0.97
|
-0.97
|
-0.97
|
|
Total Stockholders' Equity
|
351.92
|
309.68
|
306.09
|
303.49
|
|
Total Liabilities and Stockholders' Equity
|
769.46
|
626.88
|
420.84
|
456.40
|
Cash Flow Summary (Millions) |
|
Categories
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Net Cash Provided by Operating Activities
|
-86.75
|
-105.60
|
-29.85
|
160.48
|
|
Net Cash Provided by Investing Activities
|
-5.77
|
-6.12
|
-4.40
|
-4.89
|
|
Net Cash Provided by Financing Activities
|
100.09
|
107.59
|
36.93
|
-162.15
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2007 | 427.02 | 13.19 | 1.00 | | 01/2008 | 518.87 | 17.49 | 1.05 | | 01/2009 | 711.15 | -14.03 | -0.85 | | 01/2010 | 800.86 | 31.72 | 1.83 | | 01/2011 | 1,063.40 | 56.68 | 2.88 | | Growth Rates | 25.62 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 121 | 17,167 | 86.85 |
|
Report Date :
2/6/2012
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