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Hain Celestial Group Inc (HAIN) SEC Filing 10-K Annual report for the fiscal year ending Thursday, June 30, 2016

Hain Celestial Group Inc

CIK: 910406 Ticker: HAIN

Exhibit 99.1

haincelestialnewlogoa01a20.jpg

Hain Celestial Announces Financial Results and Expands Strategic Plan
to Deliver Enhanced Shareholder Value

Completes Accounting Review and Audit Process
No Material Changes to Previously Reported Financial Statements

Provides Fourth Quarter and Fiscal Year 2017 Guidance and Initial Fiscal 2018 Outlook

Expects to Deliver $350 Million in Cost Savings Through Fiscal 2020

Generates Strong Operating Cash Flow of $148 Million in First Nine Months of Fiscal 2017

Authorizes New $250 Million Share Repurchase Program

Lake Success, NY, June 22, 2017 —
The Hain Celestial Group, Inc. (NASDAQ: HAIN) (“Hain Celestial” or the “Company”), a leading organic and natural products company with operations in North America, Europe and India providing consumers with A Healthier Way of Life™, today announced the completion of its internal accounting review and audit process for its fiscal year ended June 30, 2016. In connection with the completion of its internal accounting review, the Company has concluded that its previously-issued consolidated financial statements are fairly stated in all material respects in accordance with generally accepted accounting principles in the United States. Today, the Company will file its Annual Report on Form 10-K for the fiscal year ended June 30, 2016 (the “Form 10-K”), which includes immaterial revisions to its results for fiscal years 2016, 2015 and 2014, as well as its Quarterly Reports on Form 10-Q for the first three quarters of its fiscal year 2017. Upon the filing of these outstanding reports, the Company will be current with all of its reporting obligations with the Securities and Exchange Commission.

“The accounting review is complete, and we are pleased to report our financial results, which reflect no material changes to any prior reported periods. We have also implemented greater and more effective internal controls and enhanced oversight for our financial reporting and business units. The changes we are announcing today strengthen Hain Celestial globally on a go-forward basis,” said Irwin D. Simon, Founder, President and Chief Executive Officer of Hain Celestial. “We appreciate the efforts of our employees and the support of our customers, lenders and stockholders throughout this process.”

Irwin Simon continued, “We have made significant progress to build upon our strategic plan, Project Terra, identifying substantial cost-savings, enhancing customer-centric, go-to market initiatives and fueling innovation to improve our performance. Our team is energized and focused on the continued execution of our strategic initiatives as we position our business for long-term growth, success and enhanced shareholder value.”




The Hain Celestial Group, Inc. • 1111 Marcus Avenue • Lake Success, NY 11042
516-587-5000 • www.hain.com

The following information was filed by Hain Celestial Group Inc (HAIN) on Thursday, June 22, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Hain Celestial Group Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:

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Inside Hain Celestial Group Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Schedule Ii - Valuation And Qualifying Accounts
Schedule Ii - Valuation And Qualifying Accounts (details)
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statement Of Stockholders' Equity
Consolidated Statement Of Stockholders' Equity (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (loss) Statement
Consolidated Statements Of Income
- Legal Proceedings (details)
Accrued Expenses And Other Current Liabilities
Accrued Expenses And Other Current Liabilities (details)
Accrued Expenses And Other Current Liabilities (tables)
Acquisitions
Acquisitions (components Of Preliminary Purchase Price Allocations) (details)
Acquisitions (fiscal 2014) (narrative) (details)
Acquisitions (fiscal 2016) (narrative) (details)
Acquisitions Acquisitions (fiscal 2015) (narrative) (details)
Acquisitions Acquisitions (pro Forma Results) (details)
Acquisitions Acquisitions (tables)
Commitments And Contingencies
Commitments And Contingencies (tables)
Commitments And Contingencies - Operating Lease Future Minimum Payments (details)
Correction Of Immaterial Errors To Prior Period Financial Statements
Correction Of Immaterial Errors To Prior Period Financial Statements (tables)
Correction Of Immaterial Errors To Prior Period Financial Statements - Revenue Corrections And Other Corrections (details)
Correction Of Immaterial Errors To Prior Period Financial Statements - Revised Annual Consolidated Statements Of Income (details)
Correction Of Immaterial Errors To Prior Period Financial Statements - Revised Consolidated Balance Sheets (details)
Correction Of Immaterial Errors To Prior Period Financial Statements - Revised Consolidated Statement Of Stockholders' Equity (details)
Correction Of Immaterial Errors To Prior Period Financial Statements - Revised Consolidated Statements Of Cash Flows From Operations (details)
Correction Of Immaterial Errors To Prior Period Financial Statements - Revised Segment Net Sales And Operating Income (details)
Correction Of Immaterial Errors To Prior Period Financial Statements - Revised Statements Of Comprehensive Income (loss) (details)
Debt And Borrowings
Debt And Borrowings (narrative) (details)
Debt And Borrowings Debt And Borrowings (maturities Of Debt Instruments) (details)
Debt And Borrowings Debt And Borrowings (schedule Of Debt Balances) (details)
Debt And Borrowings Debt And Borrowings (tables)
Defined Contribution Plans
Defined Contribution Plans (details)
Description Of Business And Basis Of Presentation
Description Of Business And Basis Of Presentation (details)
Earnings Per Share
Earnings Per Share (computation Of Basic And Diluted Earnings Per Share) (details)
Earnings Per Share (narrative) (details)
Earnings Per Share (tables)
Financial Instruments Measured At Fair Value
Financial Instruments Measured At Fair Value (assets And Liabilities Measured At Fair Value On A Recurring Basis) (details)
Financial Instruments Measured At Fair Value (narrative) (details)
Financial Instruments Measured At Fair Value (summary Of Level 3 Activity) (details)
Financial Instruments Measured At Fair Value (tables)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (amortization Expense) (details)
Goodwill And Other Intangible Assets (changes In Carrying Amount Of Goodwill) (details)
Goodwill And Other Intangible Assets (components Of Other Intangible Assets) (details)
Goodwill And Other Intangible Assets (expected Amortization Expense Over Next Five Fiscal Years) (details)
Goodwill And Other Intangible Assets (narrative) (details)
Goodwill And Other Intangible Assets (tables)
Income Taxes
Income Taxes (changes In Valuation Allowances) (details)
Income Taxes (components Of Deferred Tax Assets And Liabilities) (details)
Income Taxes (components Of Income Before Income Taxes) (details)
Income Taxes (provision For Income Taxes) (details)
Income Taxes (reconciliation Of Expected Income Taxes) (details)
Income Taxes (tables)
Income Taxes (unrecognized Tax Benefits Activity) (details)
Income Taxes Income Taxes (narrative) (details)
Inventories
Inventories (components Of Inventories) (details)
Inventories (tables)
Investments And Joint Ventures
Investments And Joint Ventures (available For Sale Securities) (details)
Investments And Joint Ventures (equity Method Investments) (details)
Property, Plant And Equipment, Net
Property, Plant And Equipment, Net (details)
Property, Plant And Equipment, Net (tables)
Quarterly Financial Data (unaudited)
Quarterly Financial Data (unaudited) (narrative) (details)
Quarterly Financial Data (unaudited) (revised Quarterly Consolidated Statements Of Income) (details)
Quarterly Financial Data (unaudited) (schedule Of Quarterly Data) (details)
Quarterly Financial Data (unaudited) (tables)
Segment Information
Segment Information (long-lived Assets) (details)
Segment Information (narrative) (details)
Segment Information (net Sales) (details)
Segment Information (segment Data) (details)
Segment Information (tables)
Stock Based Compensation And Incentive Performance Plans
Stock Based Compensation And Incentive Performance Plans (compensation Cost And Related Income Tax Benefits Recognized) (details)
Stock Based Compensation And Incentive Performance Plans (non-vested Restricted Stock And Restricted Share Unit Awards) (details)
Stock Based Compensation And Incentive Performance Plans (other Narrative) (details)
Stock Based Compensation And Incentive Performance Plans (restricted Stock Grant Information) (details)
Stock Based Compensation And Incentive Performance Plans (schedule Of Cash Proceeds Received From Share-based Payment Awards) (details)
Stock Based Compensation And Incentive Performance Plans (stock Plans Narrative) (details)
Stock Based Compensation And Incentive Performance Plans (summary Of Stock Option Activity) (details)
Stock Based Compensation And Incentive Performance Plans (tables)
Stockholders' Equity
Stockholders' Equity (tables)
Stockholders' Equity - Accumulated Other Comprehensive Loss (details)
Stockholders' Equity - Narrative (details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies - Narrative (details)
Summary Of Significant Accounting Policies - Ppe Useful Life (details)
Ticker: HAIN
CIK: 910406
Form Type: 10-K Annual Report
Accession Number: 0000910406-17-000028
Submitted to the SEC: Thu Jun 22 2017 7:41:11 AM EST
Accepted by the SEC: Thu Jun 22 2017
Period: Thursday, June 30, 2016
Industry: Food And Kindred Products

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