Neiman Marcus 2014 Annual Report Download - page 123
Download and view the complete annual report
Please find page 123 of the 2014 Neiman Marcus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
 |
 |
Table of Contents
The significant components of our intangible assets and goodwill are as follows:
Balance at August 3, 2013 $ 340,053
$ 210,690
$ 1,231,405
$ 1,263,433
Amortization (4,469)
(7,251)
—
—
Balance at November 2, 2013 $ 335,584
$ 203,439
$ 1,231,405
$ 1,263,433
Balance at November 2, 2013 $ 1,135,341
$ 695,571
$ 1,970,698
$ 2,148,627
Amortization (40,574)
(108,052)
—
—
Balance at August 2, 2014 1,094,767
587,519
1,970,698
2,148,627
Additions —
18,751
74,754
139,968
Amortization (54,327)
(82,953)
—
—
Foreign currency translation adjustment —
(2,042)
(8,605)
(16,112)
Balance at August 1, 2015 $ 1,040,440
$ 521,275
$ 2,036,847
$ 2,272,483
Total accumulated amortization at August 1, 2015 $ 95,046
$ 190,888
The significant components of accrued liabilities are as follows:
Accrued salaries and related liabilities $ 67,913
$ 81,079
Amounts due customers 130,859
125,950
Self-insurance reserves 37,943
38,732
Interest payable 61,072
61,164
Sales returns reserves 44,046
38,869
Sales taxes 26,322
22,817
Other 97,247
83,561
Total $ 465,402
$ 452,172
The significant components of our long-term debt are as follows:
Asset-Based Revolving Credit Facility
variable
$ 130,000
$ —
Senior Secured Term Loan Facility
variable
2,898,485
2,927,912
Cash Pay Notes
8.00%
960,000
960,000
PIK Toggle Notes
8.75%/9.50%
600,000
600,000
2028 Debentures
7.125%
122,250
122,035
Total debt
4,710,735
4,609,947
Less: current portion of Senior Secured Term Loan Facility
(29,426)
(29,426)
Long-term debt
$ 4,681,309
$ 4,580,521