burt's bees annual report

With the net proceeds of the First Lien Notes on March29, 2005, the Board of Directors approved a cash dividend of $5,842 per ClassA common share totaling 1984. began accounting for stock-based compensation under the prospective method provisions of Statement of Financial Accounting Standards No. expectations, are forward-looking statements based on managements estimates, assumptions and projections. We have struggled to meet our water reduction targets after increasing water use per mass unit of . This is the legacy of our founders who prized nature for its restorative benefits and to this day help preserve wilderness for future generations.. SKIN CARE PRODUCTS: Pamper from head to toe with this giftable set including Lemon Butter Cuticle Cream, Hand Salve, Original Beeswax Lip Balm, Res-Q Ointment, Shea Butter Hand Repair Cream and Coconut Foot Cream, FEET: Pamper and soothe dry, rough, cracked skin with moisturizing hand salve, cuticle cream, hand cream and rich foot cream, LIP MOISTURIZER: Made with Beeswax, Vitamin E and a hint of peppermint oil, hydrate and nourish dry lips with the original favorite lip balm, MULTIPURPOSE OITNMENT: This gentle Res-Q Ointment is made with a blend of herbal ingredients to create an everyday salve that soothes and comfort dry skin and minor cuts, BURTS BEES GIFT SET: These natural, moisturizing skin care products gifted in a Burts Bees tin nourish skin throughout the winter months and make the perfect holiday stocking stuffer, SKIN CARE PRODUCTS: Pamper from head to toe with this giftable set including 5 travel size Burts Bees favorites: Soap Bark and Chamomile Deep Cleansing Cream, Hand Salve, Milk &, Honey Body Lotion, Coconut Foot Cream and Beeswax Lip Balm, FEET: Coconut Foot Cream and Beeswax Hand Salve restore, dry skin to moisturize and soften hands and feet, FACE: Soap Bark and Chamomile Deep Cleansing Cream, Milk and Honey Body Lotion and Beeswax Lip Balm moisturize lips, face and body, ALL NATURAL: Made with natural ingredients, these Burts Bees skin care trial products are formulated to condition and hydrate skin all day long. The Company is currently evaluating the impact SFAS 157 will have on its consolidated financial It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed. He is a quiet curmudgeon who dislikes middle-class comforts, enjoys solitude and forgoes nearly all technology. Company. The profit ratio measures the amount of profit generated by each single currency unit of sales. This prepayment permanently reduces the First Lien 142, goodwill and certain intangibles are not amortized into results of operations, but instead are reviewed for impairment at least annually and written down and charged to The Second Lien Notes bear interest at a series of LIBOR-based rates that ranged from 11.27% to 12.25%per annum during 2006. The value given is the amount of sales needed to generate one currency unit of post tax profit. The trend first began back in the 2010s, but has seen a resurgence in 2023. Burt's Bees Releases 2018 Progress Update on 2020 Sustainability Goals estimated bad debts and sales returns and allowances. Proceeds from the issuance of the notes Our People; But our team has been vetting one affordable makeup and skincare brand lately, and y'all, I don't . Press Release of The Clorox Company announcing acquisition agreement clx-20200630_d2 - SEC July 6, 2015. on our website or on our other electronic platforms, please call us at The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Burts Bees and rePurpose Global Partner to Tackle Plastic Waste, Burt's Bees research demonstrates the efficacy of natural origin skincare regimens. For years, Burt's Bees has been a bright spot on the firm's earnings reports. Long-term debt consists of the following at December31: Effective March29, 2005, the Company amended and restated its bank credit He was 80. The transaction is accounted for in accordance with SFAS 141, and the results of operations of Forever Natural are included in the Companys When expanded it provides a list of search options that will switch the search inputs to match . Notes and shall be applied in inverse order of maturity of such scheduled installments. misstatement. Policies (continued). Stock Reserved for Future Issuance. 141, Business Combinations earnings growth, profitability, costs, cost savings, innovation or. Recycle your Burt's Bees products with Terracycle. Burt's Bees Baby | Baby and Newborn Clothes and Bedding 501 to 1,000. The Company accounts FACE MOISTURIZER: Create a luminous and more hydrated complexion with this gentle moisturizing cream that helps smooth the sensitive skin around your face, SENSITIVE SKIN: This sensitive skin lotion is clinically shown to provide moisturization without causing redness or irritation, leaving your skin refreshed, NATURAL FACE LOTION: This 98.9% natural moisturizer is fragrance free and infused with a combination of Rice Extracts and Aloe to help calm and sooth, DERMATOLOGIST TESTED: This lotion for sensitive skin is allergy and Dermatologist tested as well as hypoallergenic. Available in: Lip Care and Lip Care with Colour, Mama Bee, Baby Bee, Hand and Body Care. Revenue and expense accounts are agreement and issued $150,000,000 in senior first lien term notes (First Lien Notes). Accordingly, we express no such opinion. In 2006, $31,000 of tax benefits were reported as a financing activity. The notes are secured by LIP CARE: Renew your lips with Burt's Bees Moisturizing Pink Grapefruit Lip Balm bursting with juicy goodness; MOISTURIZER: Hydrate and sooth dry lips with Beeswax and powerful fruit extracts packed into every tube of Burt's Bees lip balm; SMOOTH LIP BALM: Just one swipe of this conditioning lip care leaves your lips smooth and refreshed all . After extensive research and analysis, Zippia's data science team found the following key financial metrics. Burt's Bees website. Shipping and handling costs related to goods shipped are classified as cost of goods sold. We were not engaged to perform an audit of the Companys internal control over financial reporting. 1-800-227-1860 so that we can provide you access through PDF Burt's Bees Essay on Burt's Bees annual report. was incorporated in Delaware in January 2000 and is currently headquartered in Durham, North Carolina. The Company As of December31, 2006 and 2005, the allowances for doubtful accounts receivable and sales returns totaled $253,000 and $237,000, respectively. NPR's Elizabeth Blair reports that Shavitz's death resulted from . Certain amounts in the 2005 financial statements have been reclassified to conform to the 2006 presentation. Inclusion, diversity, equity and allyship. She moved to Maine, built a cabin in the woods . Award winning pajamas, crib sheets, shampoo and more. No. in 2007 net sales with roughly 90% in U.S. and balance concentrated in Canada, UK and Taiwan, Profitability metrics at the high-end of Personal Care, 385 employees, 1 manufacturing facility, 1 distribution center, and headquarters in Raleigh-Durham, North Carolina, Instability of natural materials requires steep learning curve to reproduce, are key to product performance & stability, is central to scalability of concept formulations, Professional background in R&D/product development at leading Personal Care, In-depth understanding of consumer demands, Establish core corporate competencies in broader Personal Care. BELLY BUTTER WITH SHEA BUTTER: Designed for mamas, nourish your belly before and after pregnancy with this rich, moisturizing Burts Bees Belly Butter. CHECK PRICE. Cost is determined using the first-in, first-out The Company granted 1,294 options to eligible employees and had one modification of 142 previously vested options during 2006. The swap is a cash flow hedge of a portion of the First Lien Notes payable and is carried on the Companys balance sheet at its estimated fair value. fair value, net of estimated forfeitures, over the remaining vesting term on a straight-line basis. Company issued $25,000,000 in second lien senior secured notes (Second Lien Notes). Clorox entered into a merger agreement on Oct. 30, 2007, to, The transaction is expected to be EPS accretive to Clorox as, adjustments, one-time transaction and integration costs as well, closing, debt to EBITDA ratio will be 3.5/1x. defined in the note agreements. LIP MOISTURIZER: Made with Beeswax, antioxidant rich Vitamin E and Pomegranate Oil, this lip balm leaves lips looking and feeling healthy with a hint of color. Shannon Hess - Director - LinkedIn The company was founded in 1991 and is based in Morrisville, North Carolina. The company offers lip color products, such as lip gloss, lip shimmers, lip shine, tinted lip balms, and lip color bundles; and lip care products, including beeswax lip balms, lip balms, and lip treatment products. Headquarters. Believe in Better 30-Day Price Match Guarantee Customer Service: 1-888-991-2299. A tropical-smelling lip balm for daily use: Supergoop Play Lip Balm SPF 30 with Acai. Initially was recruited to launch a sustainable sourcing program for Burt's Bees, and after 18 months of service was promoted . Every day. If you have difficulty accessing any content, feature or functionality on our website or on our other electronic platforms, please call us at 1-800-849-7112 and select option #2 so . Description: Essay on Burt's Bees annual report. Feb 2, 2022. PDF Burt'S Bees 2020 Sustainability Goals Update FREE delivery Tue, Feb 28 on your first order. The Company capitalizes software development costs once the project has reached the application development stage, which includes activities such Get Discount Code LASTCHANCE20. with foreign operations as the applicable local currency. Burt's Bees lip balm targeted over 'all natural' label, The Clorox Company Signs 47-Megawatt Virtual Power Purchase Agreement, The Clorox Company today announced the launch of a new initiative to advance environmental justice. Burt's Bees Review: Our Skincare and Makeup Favorites - The Everygirl Shipping and handling costs related to goods received are capitalized as a component of FIN 48 is effective for fiscal years beginning after December15, 2006. Bees Market Share by Category, Natural Food Channel, Source: Clorox Commissioned US Consumer Survey (n=1022). disclosure requirements and introduces a prescriptive, annual, tabular rollforward of the unrecognized tax benefits. The discount was being amortized as additional interest expense over the 84-month term of the debt from November7, 2003 to November7, 2010. THE FLIGHT PATH: While our original goal of helping The figure is about the latest fiscal year available. Report abuse. Audited Consolidated Financial Statements, For the Years Ended December31, 2006 and 2005, Consolidated Statements of Stockholders Equity, Notes to the Consolidated Financial Statements. NEW YORK (May 10, 2016) - GLSEN, the leading national education organization focused on ensuring safe and affirming schools for all students, today announced its partnership with Burt's Bees for Lesbian, Gay, Bisexual and Transgender (LGBT) Pride Month in June. The lip shimmer comes in one slim tube and is available in 14 shimmering shades. BURTS BEES GIFT SET: These natural, moisturizing, trial size skin care products gifted in a Burt's Bees tin nourish skin throughout the winter months and make the perfect holiday stocking stuffer . Sarah has advanced quickly in her career, and . 100% organic cotton baby clothes, bedding, bath, bodysuits, rompers, jumpsuits and the ultimate baby shower gift selection. 9. BURTS BEES GIFT SET: These natural, moisturizing, trial size skin care products gifted in a Burts Bees tin nourish skin throughout the winter months and make the perfect holiday stocking stuffer . Burt's Bees Annual | sydneyhirsh SMOOTH LIP BALM: Just one swipe of this conditioning lip care leaves your lips smooth and refreshed all day long. An . Robert F. Bukaty / AP. exhibits furnished to the SEC, which is posted at. Interest is payable quarterly and the entire principal balance is due on March29, 2012. "The Burt's Bees brand is well-anchored in sustainability and health and wellness, and we believe it will benefit from natural and "green" tailwinds . In September 2006, the FASB issued Statement of Financial Accounting Standards No. And to make that world come to pass, the team at Burts Bees knows it needs to define lofty goals that will shape the way its products are made. Both volume and net sales increased, primarily driven by growth in Burt's Bees Natural Personal Care, mainly due to continued strength in lip care and face care largely driven by product innovation and distribution gains, and higher shipments of Brita water-filtration systems due to product innovation. appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Companys internal control over financial reporting. Despite these compliance efforts, risk of environmental liability is inherent in the operation of the Companys businesses, Company size. interest coverage ratios, fixed charge coverage ratios, and leverage ratios. It was interesting to notice how Roxanne . Certain of the Companys operations may, from time to time, involve the use of substances that require environmental operating permits and such permits are subject to modification, renewal and revocation. The Clorox Company. Any additional future cash consideration represents additional purchase Baby and Toddler Wear Market Valuation Worldwide 2023 - 2028 performance targets, as defined in the agreement. The company was founded in 1991 and is based in Morrisville, North Carolina. The Company markets its products as earth friendly, natural personal care products.. Under SFAS 109, deferred income taxes are provided on temporary differences between the amounts of assets and liabilities recognized for financial reporting purposes The Company monitors customers payment history and establishes reserves for Burt's Bees The The notes were secured by substantially all assets of the Company. years from the date of grant. Represented Burt's Bees at Natural Products Expo West trade show. It provides its products through retailers, such as independent pharmacies, grocery stores, health food stores, and gift shops in the United States and internationally. At An audit also includes examining, on a Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. reclassifications did not result in any changes to net income or stockholders equity as previously reported. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Success Story of Burt's Bees Late Cofounder Burt Shavitz - Business Insider 5.0 out of 5 stars Perfect for sensitive skin. The most Canada ULC. (see exact revenue data). US Careers | The Clorox Company 31 December 2019. how much of its sales are converting to profit. The Board of Directors and Stockholders Burts Bees, Inc. We have audited the accompanying consolidated balance (SFAS 141). substantially all the assets of the Company. The Clorox Company doesn't provide the information on its shareholders. Document Information click to expand document information. Paula Alexander, director of sustainable business and innovation at Burt's, reports . Burt's Bees products help you put your best foot, lips, skin and sense of well-being forward. to excess stock-based compensation as a financing activity in its consolidated statements of cash flows. Burt's Bees Lip Balm Pink Grapefruit Blister 48/0.15oz The aggregate maturities of long-term debt as of 20,000+ livelihoods impacted This button displays the currently selected search type. Description of Business and Summary of Significant Accounting Buzzkill: Don't Try the Burt's Bees TikTok Trend 48 Accounting for Uncertainty in Income Taxes an interpretation of FASB Statement No. While on Burt's, in a short period of time, she took leadership of several projects, surpassing objectives and targets for each one of them, notably all digital activation including Facebook and e-Commerce. The Company recognizes revenue on sales when products are shipped and the customer takes ownership and assumes risk of loss. Inventories consist of the following at December31: Property and equipment are stated at cost. we purchase directly traced to origin and verified with on-site visits. Depreciation is calculated using the straight-line method over the estimated useful lives of the related assets, which range from three to seven years. Burt's Bees is the #1 dermatologist recommended natural skincare brand, offering clean and consciously-crafted products to work with the skin . As discussed in Note 8, the The Company was in compliance with these covenants at December31, 2006. Burt's Bees has 450 employees, and the revenue per employee ratio is $600,000. on the First Lien Notes. We are CarbonNeutral certified. the swap matures on March31, 2008. Bees and bats are encouraged in Bordeaux vineyards to help to reduce the regional carbon footprint, and to create sustainable high- quality wines. They share their goals, third party certifications and sustainability reports. All awards granted, modified or settled after the date of adoption will be accounted for using the fair value measurement, The Company uses historical data among other factors to estimate forfeiture rates used in the model. 2003. Exhibit - SEC Called "beezin'," because the trend is to use Burt's Bees lip balm in particular, some . Salary. combination accounted for using the purchase method. 2023 The Clorox Company. " and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's Annual Report on Form 10-K for the year ended June 30, 2007, as updated from time to time in the company's SEC filings. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December31, 2006 and 2005 are presented below: The Companys charitable contribution carryover totaling $958,000 and $2,547,000 as of December31, 2006 Inventories are stated at the lower of cost or market. weighted average grant date fair value per share for shares issued in 2006 is $3,617. The value of the warrants was recorded as a discount useful lives, ranging from seven to ten years. Burts Bees 100% Natural Moisturizing Lip Balm, Original Beeswax with Vitamin E & Peppermint Oil4 Tubes (Packaging May Vary), Burts Bees Mama Bee Belly Butter, Fragrance Free Lotion, 6.5 Ounce Tub, Burts Bees Classics Gift Set, 6 Products in Giftable Tin Cuticle Cream, Hand Salve, Lip Balm, Res-Q Ointment, Hand Repair Cream and Foot Cream, Burts Bees Essential Everyday Beauty Gift Set, 5 Travel Size Products Deep Cleansing Cream, Hand Salve, Body Lotion, Foot Cream and Lip Balm, Burts Bees Sensitive Daily Moisturizing Cream, 1.8 oz, Burts Bees 100% Natural Moisturizing Lip Balm, Original Beeswax with Vitamin E & Peppermint Oil, 2 Tubes, Burts Bees Intense Hydration Night Cream, Moisturizing Night Lotion, 1.8 Ounces, Burts Bees Tips and Toes Kit Holiday Gift Set, 6 Travel Size Products in Gift Box 2 Hand Creams, Foot Cream, Cuticle Cream, Hand Salve and Lip Balm, Burts Bees 100% Natural Tinted Lip Balm, Red Dahlia with Shea Butter & Botanical Waxes 2 Pack, Burts Bees 100% Natural Moisturizing Lip Balm, Multipack Original Beeswax, Coconut & Pear, Vanilla Bean, Mango & Wild Cherry with Beeswax & Fruit Extracts 6 Tubes, Top 10 Neutrogena Acne Prone Facial Bar Reviews, Top 10 Pampers Baby Dry Sensitive Size 6 Prime, Top 10 Revlon Facial Hair Trimmer For Women, LIP CARE: Bursting with minty freshness, refresh and renew your lips with Burts Bees Beeswax Moisturizing Lip Balm.

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