Sweetheart Brands Acquisition
Balance Sheet and Cash Flow
Balance
Sheet
(at Q2 end)
Cash Flow
(First Half)
Cash
Accounts receivable
Inventory
Other assets
Accounts payable
Long-term debt
Operating Cash Flow
CapEx
Free Cash Flow
Note: Results may not be additive due to rounding.
2013
$ in millions
$312.1
133.3
429.2
537.5
199.6
186.0
2013
$69.8
(70.6)
($0.7)
2012
$237.6
131.9
377.9
497.6
120.9
186.0
2012
$89.9
(37.7)
$52.2
ā
Strong liquidity
HIGHLIGHTS
$312 million cash on hand
$174 revolver availability
Inventory dollars up in support of strong
planned second half sales and store openings
-
Other assets increase reflects acquisition of
H.W. Carter and Sons tradenames for $38
million
Assets to be amortized on an accelerated
basis over 3 years
CapEx reflects growth and infrastructure
investments, including:
New multi-channel distribution center
U.S. / International retail stores
Technology initiatives
Repurchased 433,402 shares in Q2 for $28.8
million (average price/share $66.49)
YTD repurchased $46.2 million (703,902
shares @ average price $65.62)
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