Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 788.3 $ 889.8
Receivables, net of allowance for doubtful accounts 87.9 69.9
Inventories 371.7 332.0
Prepaid expenses and other current assets 198.0 161.1
Deferred income tax assets 113.5 113.5
Total current assets 1,559.4 1,566.3
Property, at cost, net of accumulated depreciation and amortization 376.2 339.2
Deferred compensation plan assets 30.2 29.3
Other assets 162.2 141.1
Marketing related intangibles and other intangible assets, net 310.1 310.2
Goodwill 94.5 91.8
Total assets 2,532.6 2,477.9
CURRENT LIABILITIES:    
Accounts payable 86.4 71.1
Royalty overrides 261.5 249.9
Accrued compensation 126.9 128.8
Accrued expenses 239.3 228.7
Current portion of long-term debt 425.3 229.5
Advance sales deposits 85.0 63.8
Income taxes payable 38.9 52.6
Total current liabilities 1,263.3 1,024.4
NON-CURRENT LIABILITIES:    
Long-term debt, net of current portion 1,017.6 1,392.5
Deferred compensation plan liability 48.9 43.6
Deferred income tax liabilities 2.6 0.4
Other non-current liabilities 76.5 70.5
Total liabilities 2,408.9 2,531.4
CONTINGENCIES
SHAREHOLDERS’ EQUITY (DEFICIT):    
Common shares, $0.001 par value; 1.0 billion shares authorized; 93.1 million (2016) and 92.7 million (2015) shares outstanding 0.1 0.1
Paid-in capital in excess of par value 462.6 438.2
Accumulated other comprehensive loss (173.3) (165.5)
Accumulated deficit (165.7) (326.3)
Total shareholders’ equity (deficit) 123.7 (53.5)
Total liabilities and shareholders’ equity (deficit) $ 2,532.6 $ 2,477.9