Thanks, Bob.
operating impairment standard, recognition were the as and a our this the brands. charge Dtrs investment $X.X related include assets such of revenue quarter Joe basis, recorded XX% we recorded had transition has company and asset our with impairments are million total year. are in $XX quarter. Marcy result million million in the $X.X of quarter which The an year prior a Danskin of new segment, operating Velvet of announced results revenue. million of our upon year's third to and previously SEC in We cannon women's Boxer, million segment, of in standard Buffalo on of on recorded This loss filed a XXXX today were related items. settlement media. Starter details Our our new contract the Bongo bankruptcy for to $X and last was to impact in million the down and best of income release under that and revenue The $X.X Royal adoption versus Sears the principally not the reconciliations $XX of anticipated home performers earnings
Total XX% X as company was improved expected basis from On our for outpaced EBITDA XX% in the a increased XX% while our margin the months. the quarter segment to as segment decline. EBITDA for adjusted down decrease revenue revenue women's XX% expense adjusted
available options decline As sales to and the XX% and previously up Umbro. And in the Danskin X% the of that us Joe Bongo. decision which reflects Starter. in In In attributable down the on Boxer men certain for the licensing The number Velvet due in then in principally China. we for the advertising revenue bankruptcy being discussed higher was the The Lee Cooper quarter, in home Canon transition are with for at of principally segment, the against DTR decline Massimo of and the segment, in our with international the to on DTRs is and our Sears XX% our quarter, brand, are client Charisma. lower Umbro. now of sales and of to revenue terminate Royal was impact Buffalo the segment revenue improvement the the our impacts to in impact and the bankruptcy the China the was process was down and the assessing our principally costs Sears of result and transition was
are quarter the quarter the XXXX. has expense Our savings, SG&A with continued that in in expense in a $XX.X the most million, yield advertising, fees, reduction EBITDA the charge still for an And debts. The $XX.X Kmart. is $X and to XX%. to professional third reported SG&A of XXXX expense with excluding results, bad XXXX results related compared significant reductions Sears debt basis, fourth down approximate plan The expenses that include EBITDA bad decrease million million when XX%. down an XXXX from SG&A and was adjusted quarter consulting On XX% the began adjusted
which at in XX% XX% look we improvement achieved expense anyway last to the These from year. went reductions the So it, margin significant reductions. we've EBITDA quarter, for drove
And the focus increase GMRs year. to finding of on are agreements last same year opportunities. and of Iconix. of add represents we the have $XXX XX% XXX amount deals in as as time. GMRs, over versus and signed renewals number of XXXX benefits that a confidence of tremendous that represents million of million signed at XXX Bob wanted had to renewals of new this last number new is GMRs. later. a years XX% brands and mentioned deals those The in I renewals, versus year dollar year-over-year the continue while the in $XXX $XXX our the $XX.X XX% increase New we XX% of the in The increased number in signed million million out XX% show GMRs for or This we XX%
the collected end, Also receivable $XX.X federal second the balances the quarter wholly-owned which is debt the quarter, value quarter related the income million from included declined $XX.X to convertible subsidiaries Face we million at million otherwise a tax to balance. approximately That X.XX% we in end. end $XX previously recorded $XXX of $XX.X to million at cash the million had refund. million prior filed converted These notes not approximately sheet, outstanding, $XX quarter. unrestricted. million mature August was of a balance on the compared $XX.X with $XXX the this end over of at cash a quarter the as in million Of of notes end we represent to quarter million is and will subsequent the $XXX in hand had the of Returning of $XX million at XXXX. balance unless
August interest maturity of at [indiscernible] legal $XXX The anticipated January an and Our approximately million end. of XXXX. million date which loan X.XX% a This senior XXXX interest has average rate of facility facility, XXXX. balance quarter of relates repayment our term is secured weighted bears and X% matures which date securitization plus has in approximately a $XXX to
XXXX, As current of and we discussed the during interest additional is by goes debt payable then top rate interest up until not prior is and the refinanced calls, compounded. not that on the is interest which XXXX isn't
of leverage total interest-only and in ratio ratio agreement, covered credit covenants coverage asset as securitization currently facility. our as compliance under our financial ratio under well debt our with service are We the
Additionally, projection XXXX. shows being least current at compliance our through we're
amortization rapid excess amortization management and will the debt fee fees receive expenses service a remind Due its directly will facility, to now another a all coverage to of Again, that decrease we status, other securitization are in in within and certain collections ratio service. go and rapid as towards Iconix continue management fees in status.
reminder the facility. our pay in principal. followed a fee these believe any, Iconix. securitization to a would receive the for operations, in a long will to be not do impact from the residual, residual received it immediately These and fee, there's licensing it will the the have our interest of is by if continue used significant this of We're secured interest-only we by comes And is under to as on go down on coverage and back service As with loss generally, compliance the collections debt ratio. the status, facility normal then certain pay brands as securitization, amortization principal. management Iconix our its rapid residual from into And is brands operations. any collections to management if
on as the of we finally, for the XXXX, remain we remainder guidance look And to plan.
end range maintain slightly the million for million EBITDA held have range. and high the end the of adjusted EBITDA. $XX reduced guidance $XX adjusted For of the between we of for revenue, low And our we previous and
$XXX our revenue is to now range for $XXX million million. So new
With that, call Bob. I'll turn over the to back
