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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ (188,930) $ 118,822 $ 117,292
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property and equipment 1,631 2,605 2,702
Amortization of trademarks and other intangibles 3,088 4,530 7,428
Amortization of deferred financing costs 4,826 5,263 4,816
Amortization of convertible note discount 31,455 29,616 24,838
Stock-based compensation expense 11,449 18,492 20,018
Non-cash gain on re-measurement of equity investment (49,990) (28,898)  
Provision for doubtful accounts 25,128 9,627 9,718
Earnings on equity investments in joint ventures (5,330) (11,325) (10,211)
Distributions from equity investments 5,954 7,145 13,116
Gain on sale of fixed assets (225)    
Impairment of trademarks and goodwill 437,524    
Gain on sale of securities   (342) (5,395)
Gains on sale of trademarks [1]   (6,399) (7,354)
Deferred income tax provision (112,836) 32,124 22,936
Foreign currency translation loss (gain) (9,488) 1,745 326
Changes in operating assets and liabilities, net of business acquisitions:      
Accounts receivable (12,893) (22,575) 9,741
Other assets – current (1,779) (13,209) (7,946)
Other assets 15,886 (4,142) (12,054)
Deferred revenue 8,158 (5,025) 6,102
Accounts payable and accrued expenses 26,613 23,700 (4,155)
Net cash provided by operating activities 190,241 160,009 191,592
Cash flows used in investing activities:      
Purchases of property and equipment (1,433) (1,505) (1,209)
Acquisition of trademarks (438) (915) (8,372)
Purchase of securities   (5,998) 5,395
Additional investments in joint ventures     (744)
Proceeds from the sale of securities   6,341  
Proceeds from sale of trademarks and related notes receivable 3,030   24,519
Proceeds from sale of fixed assets 225    
Net cash used in investing activities (153,039) (49,629) (169,138)
Cash flows (used in) provided by financing activities:      
Shares repurchased on the open market (12,391) (193,434) (436,419)
Proceeds from Variable Funding Notes 100,000    
Proceeds from long-term debt     392,000
Proceeds from sale of warrants     57,707
Proceeds from sale of trademarks and related notes receivables to consolidated joint ventures 21,162 24,915 17,347
Payment for purchase of convertible note hedge     (84,106)
Payment of long-term debt (61,124) (62,856) (95,113)
Deferred financing costs (496)   (3,838)
Acquisition of interest (21,000)    
Payment of note payable to Purim (2,000)   (3,000)
Distributions to non-controlling interests (22,080) (18,064) (8,290)
Excess tax benefit from share-based payment arrangements (2,006) 10,706 1,193
Cost of shares repurchased on vesting of restricted stock and exercise of stock options (15,515) (16,024) (3,707)
Proceeds from exercise of stock options and warrants 321 10,088 353
Proceeds from Securitization     270,188
Restricted cash 10,015 (9,163) (42,496)
Net cash provided by (used in) financing activities 9,886 (253,832) 16,819
Effect of exchange rate changes on cash (5,156) (7,298) 844
Net increase (decrease) in cash and cash equivalents 41,932 (150,750) 40,117
Cash and cash equivalents, beginning of period 128,039 278,789 238,672
Cash and cash equivalents, end of period 169,971 128,039 278,789
Cash paid during the period:      
Income taxes (11,724) 3,508 20,054
Interest 48,102 48,224 40,410
Non-cash investing and financing activities:      
Sale of trademarks for note receivable   51,246 15,763
Shares repurchased on the open market included in payable   3,156  
Buffalo International Unlimited Liability Corporation      
Cash flows used in investing activities:      
Acquisition of interest     (76,500)
Proceeds received from note 7,727 8,948 11,560
Lee Cooper      
Cash flows used in investing activities:      
Acquisition of interest     (66,667)
Complex Media Inc.      
Cash flows used in investing activities:      
Acquisition of interest     (25,120)
Marcy Media Holdings      
Cash flows used in investing activities:      
Acquisition of interest     (32,000)
Latin America      
Cash flows used in investing activities:      
Acquisition of interest   (42,000)  
NGX LLC      
Cash flows used in investing activities:      
Acquisition of interest   (6,000)  
Hydraulic IP Holdings      
Cash flows used in investing activities:      
Acquisition of interest   (6,000)  
iBrands International LLC      
Cash flows used in investing activities:      
Acquisition of interest   $ (2,500)  
Iconix China      
Adjustments to reconcile net income to net cash provided by operating activities:      
Non-cash gain on re-measurement of equity investment (49,990)    
Cash flows used in investing activities:      
Acquisition of interest, net of cash acquired (20,400)    
Non-cash investing and financing activities:      
Issuance of shares in connection with purchase 15,703    
Pony International, LLC.      
Cash flows used in investing activities:      
Acquisition of interest (37,000)    
Strawberry Shortcake      
Cash flows used in investing activities:      
Acquisition of interest (95,000)    
Iconix Southeast Asia      
Cash flows used in investing activities:      
Acquisition of trademarks (3,500)    
Scion      
Cash flows (used in) provided by financing activities:      
Acquisition of interest (6,000)    
I P Holdings Unltd L L C      
Cash flows (used in) provided by financing activities:      
Acquisition of interest     $ (45,000)
Umbro And Lee Cooper China      
Non-cash investing and financing activities:      
Note payable in connection with purchase of Umbro China and Lee Cooper China trademarks 8,400    
American Greetings Corporation      
Cash flows used in investing activities:      
Issuance of note (10,000)    
Proceeds received from note $ 3,750    
[1] Gains on sale of trademarks was previously reported as other revenue. Many of the gains recorded upon formation of certain joint ventures were reversed as a result of consolidation. The gains that were not impacted by consolidation, and therefore not reversed, have been reclassified and are being presented as a separate line item above operating income.