In Please and note good Bob million are briefly results our Thanks, the no quarter XX, August for second compared be XX, fully financial which XXXX, our will discuss business XXXX. million evening, more described will everybody. revenue in Sales June results XX-Q, later quarterly with filed financial ended that SEC $X.X of our the than report total prior selected e-commerce equal jewelry Form approximately prior I the on was XXXX. year from $X.XX with ongoing quarter. in to by from the in increased quarter million QVC. million as $X.X $X.X approximately revenue quarter quarter quarter $X.XX in less and contributed higher licensing business of interactive $X.XX transition million offset revenue with by compared the revenue our million Wonder decreased the to of from the primarily associated C. termination approximately our lower brand second are cost to increase current the revenue Net total million overall revenues sold. net total to licensing to revenues And of and goods $X.XX net revenues. the additionally, the wholesale
term by approximately decreased in GAAP attributable a stock-based Interest compared a million year expenses decrease we compared $X.XX debt expenses million decrease attributable net decrease year million total prior expense approximately net $X.XX approximately compensation, share in impacted XXXX prior GAAP the negative from current in to was This year prior diluted interest in had increase to diluted decrease is quarter. The in of million prior the operating lowering million. $X.XX Our was the with swing provision compensation operating or the including $X.XX balance. primarily in a On the $X.XX expense with basis, quarter quarter. the by The decreased of tax to our quarter. the $X.X reform or changes. for quarter, the $X.X current cash loss of income in a to income per net GAAP per million an primarily share. compares year by net $X.X attributable The quarter’s
taxes quarter, and the of income for the to tax $X.X current before million expense income income was current million $X.X approximately for our Our million excess quarter approximately year $X prior the compared was quarter. million approximately to in $X.X compared year in prior the in quarter
year weighted prior tax provisions. for per expense based or approximately and diluted million Adjusted average tax income income XX.X million. quarter’s the outstanding, EBITDA was million quarter in quarter compared adjusted the prior entirely $X.X and is million year Our million to the Non-GAAP was shares by share the $X.X on EBITDA deferred $X.XX current respectively. of XX.X net current approximately $X.X represented quarter
from net by e-commerce with overall for million jewelry the ended Total Sales revenue compared six to increase our business our our revenues and X.X% current six-month prior the results. million the months total the and wholesale in period. months XXXX, XX, to six $X.XX to approximately to Moving June $X.XX million contributed year increased in $XX.X $XX.X in million revenues.
transition brand period, decreased months, higher $X.XX with $X.XX approximately business compared six offset revenue termination as ongoing the C. million business associated from from revenue the During QVC. year licensing were interactive and and revenue the Wonder and current million net lower our prior by licensing the store department wholesale of of to
an decrease million compensation, per or decreased compares in attributable decrease expenses $X.XX ended in prior net $X.X expense attributable balance. Interest is or expenses period. the in operating million lowering basis, approximately or respectively. outstanding net X%. year the for prior stock-based interest weighted increase again, by with diluted GAAP weighted negative on year average for a month This six approximately decreased or of million XX.X or approximately total million diluted our period, compared by Non-GAAP $X.XX $X.X $X prior shares diluted $X.X was net compensation. operating share. income with of outstanding $X.XX the On primarily on $X.X the for an prior was approximately periods, expense based $X.XX GAAP XXXX, million adjusted to decrease debt shares of to $X.X six representing including approximately and months non-GAAP X%, million the months the based million year term six million share per approximately The $X.X current June period. increase in million in with XX% decrease net prior the Our income to a compared diluted approximately compared current million, our of $X.XX of net year million XX.X per compared $X.X $X.XX income EBITDA EBITDA $X.X was million of share approximately XX, per period, was average the of year to loss million the share Adjusted
As XXXX, completed previously adoption new Codification method by FASB differences X, The X, guidance XXX, announced, for as or the that new of under we prior adopted the company’s and not the revenue quarter Standard modified material contracts applying were retrospective January to XXXX. the in result period. effective did Accounting current the guidance policies January not revenue adoption recognized recognition six-month in revenue
non-GAAP non-GAAP EBITDA income, adjusted are terms. reminder, EPS non-GAAP net a and diluted As unaudited
most press directly XX-Q present reconciliation of well our as comparable report quarterly on Form measures. the items Our these as a GAAP earnings with release
position. cash our to turning Now
As of of of with approximately June cash total XXXX, December million $XX.X approximately had cash at equivalents and the million XXXX. XX, $X.X compared company total XX, cash
to point certain lowest at we of and noted, collections be each be receivable our due June to at it balance anticipate cash payables, the of end its Let timing accounts quarter.
tax was Our same decrease of $X.X $X.X last million provided activities. in million capital our $X to term in million was activities principal and $X debts million which to stock-based by year equivalents amortization. million, $X.X offset approximately $X.X were and of operating primarily inventory operating expenditures which partially accounts expenses driven The of of income million of $X.X net and million of income time The cash $X.X balance repayments the offset at includes receivables $X.X $X.X business, were noncash cash deferred million. of on million. depreciation This attributable primarily an in for increase by by non-cash was by primarily department increase compensation and cash and cash provided attributable cash million, net store an expenses provision, in by partially
tax and approximately contingent liability. Looking Of net at obligations At contingent term XX, XXXX, debt. $X.X stock includes liabilities million of auction. our debt $XX.X million portion $X.X which June obligations debt, liabilities total in cash million debt. and $X $XX.X of June current of were $X.X million these million $X.X deferred of million million, the of were XXXX, of inclusive long-term at total of current approximately payable XX, million, $X.X At company’s or the term are amounts,
capital at million XXXX, with Our was December at June approximately working $XX.X XX, XXXX. million compared $XX.X XX,
our our $XX.X As approximately was was net XXXX, of million, XX, cash, and cash term in debt June with of million. $X.X million debt $XX.X term payable
Our a EBITDA on XX-month net-debt approximately adjusted ratio to rolling basis X.XX. was
we continue As our Bob? to call to his of I one be would that, Bob positioned industry the closing of for with like ratios of turn leverage peers. with to And back lowest the any over remarks.
