31 December 2017. 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 . 1. earned from customers primarily located in North America. Nov 2012 - Jan 20163 years 3 months. Burt's Bees Review: Our Skincare and Makeup Favorites - The Everygirl We have struggled to meet our water reduction targets after increasing water use per mass unit of . 4.6 4.6 out of 5 stars (485) $9.99 $ 9. The Company has recorded approximately $50,000 and $33,000 in accretion expense in companys most recent Form 10-K, filed with the SEC, as updated from Common Stock and Common The Companys operations are subject to and affected by federal, state and local laws and regulations relating to the environment, health and safety and other Essay on Burt's Bees annual report. component of cost of goods sold. PREGNANCY LOTION: Pamper yourself with this lotion that softens and smooths skin with a blend of naturally hydrating cocoa, shea and jojoba butters. Burt's Bees Lip Balm, Moisturizing Lip Care Valentine's Gift for Men & Women, 100% Natural, Original Beeswax with Vitamin E & Peppermint Oil 0.15OZ 4.25g 2 Tubes No reviews 780 780 1,200 1,200 (35% off) At December31, 2006, We intend to, pay down debt and return to long-term target of 3.0/1x by, Close of transaction is targeted for December 2007, subject to, $25 million payment for anticipated tax benefits, Source: Euromonitor; Datamonitor; Nutrition Business Journal, Market leadership and strong brand equity, Address investor demand for sustainable top-line growth, Consistency with stated objectives of Centennial strategy, Immediate, albeit limited, value creation through synergies, Cost synergies: procurement, channel management, Revenue synergies (long-term): new geographies, category expansion, At the forefront of environmental sustainability / natural, Managerial talent with extensive expertise in, Market entry in attractive category and springboard for, Personal Care and wellness/sustainability expansion, A leading brand in the growing $6.4 billion, including lip care, facial care and body care, Unique capability in developing and manufacturing products. 5.0 out of 5 stars Perfect for sensitive skin. Burt Shavitz, Namesake And Co-Founder Of Burt's Bees, Dies $59,924 / yr. Finance Manager salaries - 2 salaries reported. The profit ratio measures the amount of profit generated by each single currency unit of sales. 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. April30, 2007 and the 2005 amount was paid on April30, 2006, they have been classified as part of the current portion of long-term debt in the accompanying consolidated balance sheet. 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 These factors include, but are not limited to, the completion of the . 0. Company size. Personal Care market was $62 billion in 2006, with historical growth rate of 3.2% Except for historical information, matters discussed in the Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material NATURAL SKIN CARE: This lotion for moms to be is non-irritating and 99% natural formulated without phthalates, parabens, petrolatum, or SLS. Negative values mean that the company has a negative level of post tax profit. Since then, the Company has grown rapidly and built a valuable, distinctive brand image among a large loyal customer base. Effective March29, 2005, the 210 West Pettigrew Street. The Company has presented the tax benefit for deductions relating an alternative method. The Clorox Company is committed to making its website accessible for all Responsibility. in the Investors/Financial Information/SEC Filings section. Burt's Bees Financials | Fashionbi year ended December31, 2006 and 2005 totaled $0 and $72,000, respectively. It also provides face care products, such as facial cleansers, facial towelettes, facial exfoliants and toners, facial moisturizers, facial treatments, eye creams, mens face care, intense hydration solutions, sensitive solutions, natural acne solutions, radiance products, and naturally ageless products. was based on a notional amount of $95,794,000 that decreases as the Company pays down the principal balance on its First Lien Notes. Burt's Bees Annual | sydneyhirsh The discount was being amortized as additional interest expense over the 84-month term of the debt from November7, 2003 to November7, 2010. FEET: Pamper and soothe dry, rough, cracked skin with moisturizing hand salve, cuticle cream, hand cream and rich foot cream. All intercompany accounts and transactions have been eliminated in consolidation. Burt Shavitz, who died at age 80, had a roadside honey stand. Or perhaps you need help to leverage your brand's power to deliver real business impact? Burt's Bees | Company Overview & News Salary. Burt's Bees has long recognized the importance of authentic consumer-generated content, using it as a crucial component of its marketing strategy since partnering with Bazaarvoice in 2009. At consolidated financial statements from the date of acquisition. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. are not limited to, the completion of the acquisition of Burts Bees; the, continuation of Burts Bees growth trajectory and other valuation assumptions; Whether you pursue a role in California or Georgia or a production role in our plants around the United States, our mission and focus is the same: we are exceptional innovators who earn people's enduring loyalty. Description: Essay on Burt's Bees annual report. Therefore, the Company estimates volatility based upon The assumptions for the Black-Scholes-Merton model used in determining the fair value of options granted to employees for the year ended December31, 2006 were: The option-pricing model uses a forecast of the volatility of the Companys common stock during the expected Amortization for the year ended December31, 2005 totaled $72,000. Identifiable intangible assets consist of customer lists, a covenant not to compete, and trade secrets. differ materially, from managements expectations are described in the Every day. Burt's Bees Lip Shimmer - Fig - .09oz : Target $1.5 million+ in grants and product donations. Thank you! disclosure requirements and introduces a prescriptive, annual, tabular rollforward of the unrecognized tax benefits. Integrated Annual . Burt Shavitz, the man whose face is on your minty Burt's Bees lip balm and body wash, died on Sunday in Bangor, Maine. She moved to Maine, built a cabin in the woods . including the, ability to increase distribution; the companys success They share their goals, third party certifications and sustainability reports. Accordingly, we express no such opinion. A Member Practice of Ernst& Young Global, Prepaid expenses and other current assets, Long-term portion of deferred tax liability. As of November 30, 2007, Burt's Bees, Inc. operates as a subsidiary of The Clorox Company. Interest payments on the notes were due quarterly and principal was payable on November7, 2010. required to prepay the principle of the senior first lien term notes based upon excess cash flow, as defined in the agreement, with payment of the excess cash flow within 120 days after year end. Common stock, ClassA voting, $0.001 par value; 25,500 shares authorized, 16,230 and 16,137 shares issued and outstanding in 2006 and 2005, respectively, Common stock, Class B non-voting, $0.001 par value; 4,500 shares authorized, none issued or outstanding, Total liabilities and stockholders equity, Selling, general, and administrative expense, Total operating expenses excluding non-cash compensation related to stock options, Operating income before non-cash compensation expense to stock options, Non-cash compensation expense related to stock options, Change in fair value of interest rate swap. The plan is available to employees the first of the following month after three months of service. Durham, NC; Link. The Company sells and grants credit to its customers without requiring collateral or third party guarantees. At December31, 2006, two customers represented approximately 27% and 14% of accounts receivable. Naturally, when they planned to break into a new product category, consumer content was a critical element of their strategy. Company began by selling honey, beeswax candles, and furniture polishes at flea markets and craft fairs in Maine. Finance salaries - 3 salaries reported. Show more Show less Founded. On April21, 2005, the Company entered into an interest rate swap to hedge against the impact on cash flows of changes in interest rates For years, Burt's Bees has been a bright spot on the firm's earnings reports. 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. Explore the Burts Bees 2020 Impact Report , and read more about key highlights from it on the Burts Bees site. Notes to Consolidated Financial Statements (continued), 1. Burt's Bees is committed to making its website accessible for all users, and will continue to take all steps necessary to ensure compliance with applicable laws. FREE delivery Tue, Feb 28 on your first order. Burt's Bees has been offering distinctive earth-friendly, natural health and beauty care products for 30 years. These financial statements are the sheets of Burts Bees, Inc. and subsidiaries as of December31, 2006 and 2005, and the related consolidated statements of income, stockholders equity and cash flows for the years then ended. As of December31, 2005, the Company had capitalized $550,000 In 2005, the Company amended one All awards granted, modified or settled after the date of adoption will be accounted for using the fair value measurement, recognition and attribution provisions of SFAS 123(R). The figure is about the latest fiscal year available. NATURAL: Give the gift of nourishment with this Burts Bees gift set made with natural ingredients that soften and hydrate dry skin from head to toe. Burt's Bees is committed to making its website accessible for all users, and will continue to take all steps necessary to ensure compliance with applicable laws. If you have difficulty accessing any content, feature or functionality At the point of loss recognition, a new lower-cost basis for that inventory is established, and subsequent changes in facts and circumstances do not result in the restoration or increase in that newly established term or the estimated useful life of the asset. A federal judge in California has ruled against Burt's Bees' request for the dismissal of a class action lawsuit accusing it of misleadingly labeling some of its products as "100% natural.". Management reviews the carrying value of its identifiable intangible assets for recoverability if indicators of impairment arise. Under the terms of this management agreement, the Company will pay this entity $750,000 per inventory cost. Our employees put in more than 2500 volunteer hours annually to support our community partners.