Accounting question

G. ​MARKET DATA ANALYSIS Summary

Coach Inc. Current Quarter

Coach Inc. 2016

Coach 2015

Under Armour 2015

Monetary Units (thousands, millions)

Millions Millions Millions Thousands

Cash & Cash Equivalents 348.6 859.0 1291.8 250,470

Short-term investment 124.4 460.4 234.0 N/A

Accounts Receivable 50.8 245.2 219.5 622,685

Inventory 119.7 459.2 485.1 917,491

Prepaid expenses and other current assets

34.4 149.1 177.7 174,507

Marketable Securities N/A N/A N/A N/A

Total Current Assets 692.4 2172.9 2408.1 1,965,153

Property, Plant & equip, net 165.3 919.5 732.6 804,211

Long-term Investments 26.1 558.5 406.0 N/A

Goodwill 120.3 502.4 434.2 563,591

Intangible Assets 85.7 346.8 359.5 64,310

Deferred Income Taxes 44.1 248.8 115.8 136,862

Other Long term assets 31.35 143.7 111.9 110,204

Accumulated Depreciation N/A 861.8 841.0 397,056

Total Assets 1165.3 4892.7 4666.9 3,644,331

Total Current Liabilities 159.1 826.7 834.7 685,816

Long-term Liabilities 148.0 861.2 879.1 790,388

Other Liabilities 135.3 521.9 463.2 137,227

Total Liabilities 442.3 2209.8 2177.0 1,613,431

Contributed Capital 733.0 2859.9 2757.2 823,629

Retained Earnings 12.8 (104.1) (189.6) 1,259,414

Accumulated Other Comprehensive loss

(23.5) (72.9) (77.7) (52,143)

Total Stockholders' Equity 723.0 2682.9 2489.9 2,030,900

Net Sales Revenue 995.2 4491.8 4191.6 4,825,335

Cost of Sales 289.5 1440.5 1283.0 2,584,724

Operating Expenses 554.6 2397.8 2290.6 1,823,140

Depreciation expense 49.6 219.1 240.6 130,700

Interest Expense 4.0 26.9 6.4 26,434

Other Expense N/A N/A N/A 2,755

Provision for Income Taxes 24.9 166.1 209.2 131,303

Net Income 122.2 460.5 402.4 256,979

Inc./Dec. in Cash 133.9 (432.8) 699.6 120,618

Dividends Paid 94.4 374.5 371.8 2,927

Inventory Valuation Method FIFO FIFO FIFO FIFO

Depreciation Method(s) Straight Line Method

Straight Line Method

Straight Line Method

Straight Line Method