| Address:
|
31248 OAK CREST DRIVE
|
| City: |
WESTLAKE VILLAGE |
|
State: |
CA |
|
Zip Code: |
91361 |
| Telephone: |
818-706-5100 |
|
Description of Business
|
Primary SIC Code:
3140 |
| (As filed with the SEC)
|
|
|
K.Swiss Inc. designs, develops and markets an array of footwear, apparel and
accessories for athletic, high performance sports and fitness activities and
casual wear under the K.Swiss brand. Since July 2008 and July 2010, we also
design, develop and market footwear for adventurers for all terrains under the
Palladium brand and apparel for mixed martial arts under the Form Athletics
brand, respectively. Revenues by brand for the years ended December 31, 2010,
2009 and 2008 are as follows (in thousands):
2010 2009 2008
K. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -1.72 | NA | N/E | | 06/2011 | -2.23 | NA | N/E | | 03/2011 | -2.09 | NA | N/E | | 12/2010 | -1.94 | NA | N/E | | 09/2010 | -1.71 | NA | N/E | | 06/2010 | -0.98 | NA | N/E | | 03/2010 | -0.88 | NA | N/E | | 12/2009 | -0.79 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -6.06 | Total Liab/Total Assets | 0.18 | | Net Inc/Total Assets | -0.24 | Total Liab/Inv Cap | 0.21 | | Net Inc/Inv Cap | -0.27 | Total Liab/Comm Equity | 4.73 | | Pretax Inc/Net Sales | -0.28 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | -0.31 | Curr Debt/Equity | 0.00 | | Cash Flow/Net Sales | -0.22 | LTD/Equity | 0.00 | | SG&A/NetSales | 0.66 | Total Debt/Equity | 0.00 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.29 | Quick Ratio | 5.11 | | Inventory Turnover | 2.29 | Current Ratio | 7.14 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.11 | | Net Sales/Work Cap | 1.07 | Inv/Curr Assets | 0.28 | | Net Sales/PP&E | 10.48 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
80.03
|
65.54
|
72.62
|
42.80
|
|
Cost of Goods Sold
|
51.28
|
43.04
|
44.09
|
28.92
|
|
Selling & Admin Exps
|
40.01
|
39.83
|
40.78
|
35.49
|
|
Operating Income
|
-7.57
|
-21.01
|
-12.26
|
-21.61
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
-9.44
|
-18.99
|
-9.32
|
-21.35
|
|
Other Income
|
-1.96
|
1.96
|
3.00
|
0.44
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-15.42
|
-20.03
|
-9.84
|
-20.64
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
66.35
|
85.61
|
105.18
|
138.36
|
|
Receivables - Total
|
43.30
|
40.40
|
49.42
|
24.81
|
|
Inventories - Total
|
93.70
|
101.12
|
80.43
|
66.96
|
|
Total Current Assets
|
213.53
|
232.68
|
240.05
|
235.19
|
|
Net Property, Plant & Equipment
|
20.12
|
19.66
|
20.09
|
20.70
|
|
Total Assets
|
256.80
|
281.93
|
293.10
|
288.17
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
37.43
|
41.63
|
38.67
|
32.38
|
|
Debt in Current Liabilities
|
15.34
|
11.60
|
6.42
|
0.57
|
|
Total Current Liabilities
|
52.78
|
53.22
|
45.09
|
32.95
|
|
Long-Term Debt
|
0.16
|
0.17
|
0.19
|
0.40
|
|
Total Liabilities
|
64.43
|
72.45
|
65.86
|
53.25
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.38
|
0.38
|
0.38
|
0.38
|
|
Retained Earnings
|
174.89
|
190.31
|
210.33
|
220.17
|
|
Treasury Stock
|
-58.19
|
-59.08
|
-58.19
|
-58.19
|
|
Total Stockholders' Equity
|
192.37
|
209.47
|
227.24
|
234.91
|
|
Total Liabilities and Stockholders' Equity
|
256.80
|
281.93
|
293.10
|
288.17
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-18.56
|
-25.23
|
-40.20
|
3.44
|
|
Net Cash Provided by Investing Activities
|
9.61
|
32.00
|
14.88
|
5.40
|
|
Net Cash Provided by Financing Activities
|
3.87
|
5.85
|
5.87
|
-4.33
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 501.15 | 76.86 | 2.17 | | 12/2007 | 410.43 | 39.07 | 1.10 | | 12/2008 | 340.16 | 20.88 | 0.59 | | 12/2009 | 240.73 | -27.96 | -0.79 | | 12/2010 | 216.99 | -68.21 | -1.94 | | Growth Rates | -18.88 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 104 | 27,209 | 98.73 |
|
Report Date :
2/6/2012
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