What does restructuring charges mean?

One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

Movado Group MOV Restructuring Charges

Discontinued — last reported Q4 '16

Restructuring Charges at other companies

GenthermTHRM

$6.69M+48.2%

Nabors IndustriesNBR

$574K-88.6%

Arbutus Biopharma CorporationABUS

$0-100%

OceanFirst FinancialOCFC

$128K—

DeluxeDLX

$3.7M-56.0%

Cronos GroupCRON

$484K-12.8%

Segments

By segment

See full

Watch And Accessory Brands$500K-16.7%

Other financials

Income statement

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Revenue$142.4M+8.1%

Gross profit$81.6M+14.4%

Operating income$7.0M+2,311%

Net income$6.9M+388%

EPS (diluted)$0.30+400%

Balance sheet

See full

Cash & equivalents$225.3M+10.9%

Total debt$73.5M-20.3%

Total equity$505.5M+2.5%

Total assets$734.0M-1.8%

Cash flow

See full

Operating cash flow$7.0M+196%

CapEx$1.2M-24.7%

Free cash flow$5.8M+166%

Valuation

See full

Market cap$846.64M+153%

Enterprise value$694.89M+210%

P/E26.4×+7.6×

P/S1.2×+0.7×

Profitability

See full

Gross margin54.8%+0.8pp

Operating margin5.4%+2.6pp

Net margin4.7%+2.0pp

FCF margin10%—

Returns & leverage

See full

Return on equity6.4%+2.8pp

Debt / equity0.1×0.0×

Current ratio4.6×+0.5×

Where this comes from

Reported directly by Movado Group in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Movado Group’s 10-K, filed March 20, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does restructuring charges mean?: One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.