10-K Filing

INGLES MARKETS INC CIK: 50493 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0000050493-15-000023`
Period End Date	20150930
Filing Date	20151210
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	imkt-20150926.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 58 Cash Flow Statement 84 Stockholders Equity 22

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$307.03K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$400.25K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$66.28M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Receivables	`ReceivablesNetCurrent`	$60.99M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$329.52M	USD	Point-in-time
Inventories	`InventoryNet`	$338.64M	USD	Point-in-time
Other current Assets	`OtherAssetsCurrent`	$19.86M	USD	Point-in-time
Other current Assets	`OtherAssetsCurrent`	$14.79M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$413.92M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$432.30M	USD	Point-in-time
Property and Equipment - Net	`PropertyPlantAndEquipmentNet`	$1.21B	USD	Point-in-time
Property and Equipment - Net	`PropertyPlantAndEquipmentNet`	$1.22B	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$27.63M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$24.43M	USD	Point-in-time
Total Assets	`Assets`	$1.67B	USD	Point-in-time
Total Assets	`Assets`	$1.67B	USD	Point-in-time
Total Assets	`Assets`	$1.66B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$12.65M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$12.49M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$166.04M	USD	Point-in-time
Accounts payable - trade	`AccountsPayableTradeCurrent`	$167.31M	USD	Point-in-time
Accrued expenses and current portion of other long-term liabilities	`AccruedLiabilitiesCurrent`	$74.55M	USD	Point-in-time
Accrued expenses and current portion of other long-term liabilities	`AccruedLiabilitiesCurrent`	$70.94M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$250.75M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$253.24M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$71.91M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$70.04M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$924.77M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$882.69M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$34.56M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$28.79M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.27B	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.24B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.05 par value; 10,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.05 par value; 10,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$12.31M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$12.31M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$415.65M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$369.28M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$410.64M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$382.60M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$428.98M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$457.41M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.67B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.66B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$915.34M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$964.50M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$945.12M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$947.76M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$978.26M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$3.84B	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$945.97M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$3.78B	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$952.84M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$3.74B	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$964.84M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$2.91B	USD	Annual
Cost of goods sold	`CostOfGoodsSold`	$2.89B	USD	Annual
Cost of goods sold	`CostOfGoodsSold`	$2.99B	USD	Annual
Gross profit	`GrossProfit`	$228.06M	USD	1 Quarter
Gross profit	`GrossProfit`	$893.30M	USD	Annual
Gross profit	`GrossProfit`	$206.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$222.16M	USD	1 Quarter
Gross profit	`GrossProfit`	$845.16M	USD	Annual
Gross profit	`GrossProfit`	$224.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$203.51M	USD	1 Quarter
Gross profit	`GrossProfit`	$827.81M	USD	Annual
Gross profit	`GrossProfit`	$215.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$218.69M	USD	1 Quarter
Gross profit	`GrossProfit`	$220.38M	USD	1 Quarter
Operating and administrative expenses	`OperatingExpenses`	$756.31M	USD	Annual
Operating and administrative expenses	`OperatingExpenses`	$722.64M	USD	Annual
Operating and administrative expenses	`OperatingExpenses`	$706.50M	USD	Annual
Gain from sale or disposal of assets	`GainLossOnDispositionOfAssets`	$2.19M	USD	Annual
Gain from sale or disposal of assets	`GainLossOnDispositionOfAssets`	$825.86K	USD	Annual
Gain from sale or disposal of assets	`GainLossOnDispositionOfAssets`	$4.26M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$125.57M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$139.18M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$123.35M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$2.90M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$2.28M	USD	Annual
Interest expense	`InterestExpense`	$46.57M	USD	Annual
Interest expense	`InterestExpense`	$47.01M	USD	Annual
Interest expense	`InterestExpense`	$59.14M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-43.09M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$79.78M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$94.46M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.24M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$28.35M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$35.10M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$5.45M	USD	Annual
Net income	`NetIncomeLoss`	$59.35M	USD	Annual
Net income	`NetIncomeLoss`	$15.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.43M	USD	Annual
Net income	`NetIncomeLoss`	$16.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.80M	USD	Annual
Net income	`NetIncomeLoss`	$13.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.83M	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$59.35M	USD	Annual
Net income	`NetIncomeLoss`	$15.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.43M	USD	Annual
Net income	`NetIncomeLoss`	$16.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.80M	USD	Annual
Net income	`NetIncomeLoss`	$13.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.83M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$97.66M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$102.88M	USD	Annual
Depreciation and amortization expense	`DepreciationAndAmortization`	$94.89M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-43.09M	USD	Annual
Gain from sale or disposal of assets	`GainLossOnDispositionOfAssets`	$2.19M	USD	Annual
Gain from sale or disposal of assets	`GainLossOnDispositionOfAssets`	$825.86K	USD	Annual
Gain from sale or disposal of assets	`GainLossOnDispositionOfAssets`	$4.26M	USD	Annual
Receipt of advance payments on purchase contracts	`ReceiptOfAdvancePaymentsOnPurchasesContracts`	$4.08M	USD	Annual
Receipt of advance payments on purchase contracts	`ReceiptOfAdvancePaymentsOnPurchasesContracts`	$3.72M	USD	Annual
Receipt of advance payments on purchase contracts	`ReceiptOfAdvancePaymentsOnPurchasesContracts`	$2.98M	USD	Annual
Recognition of advance payments on purchase contracts	`RecognitionOfAdvancePaymentsOnPurchasesContracts`	$-4.13M	USD	Annual
Recognition of advance payments on purchase contracts	`RecognitionOfAdvancePaymentsOnPurchasesContracts`	$-3.45M	USD	Annual
Recognition of advance payments on purchase contracts	`RecognitionOfAdvancePaymentsOnPurchasesContracts`	$-3.28M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-16.35M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.23M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.43M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-1.59M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$3.97M	USD	Annual
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$1.43M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$76.33K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$9.12M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-167.65K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.19M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-11.12M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.40M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.52M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.89M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-12.12M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$154.35M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$153.47M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$145.20M	USD	Annual
Proceeds from sales of property and equipment	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$434.06K	USD	Annual
Proceeds from sales of property and equipment	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$4.38M	USD	Annual
Proceeds from sales of property and equipment	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$7.81M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$108.34M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$101.45M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$104.06M	USD	Annual
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-107.90M	USD	Annual
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-93.64M	USD	Annual
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-99.68M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromLinesOfCredit`	$581.93M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromLinesOfCredit`	$413.84M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromLinesOfCredit`	$692.96M	USD	Annual
Payments on short-term borrowings	`RepaymentsOfLinesOfCredit`	$383.93M	USD	Annual
Payments on short-term borrowings	`RepaymentsOfLinesOfCredit`	$622.05M	USD	Annual
Payments on short-term borrowings	`RepaymentsOfLinesOfCredit`	$722.41M	USD	Annual
Proceeds from issuance of bonds	`ProceedsFromIssuanceOfBond`	$700.00M	USD	Annual
Bond issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.92M	USD	Annual
Proceeds from new long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$14.00M	USD	Annual
Proceeds from new long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$8.00M	USD	Annual
Principal payments on long-term borrowings	`RepaymentsOfLongTermDebt`	$12.47M	USD	Annual
Principal payments on long-term borrowings	`RepaymentsOfLongTermDebt`	$19.12M	USD	Annual
Principal payments on long-term borrowings	`RepaymentsOfLongTermDebt`	$602.03M	USD	Annual
Prepayment penalties on debt extinguishment	`PaymentsOfDebtExtinguishmentCosts`	$27.76M	USD	Annual
Stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$65.00M	USD	Annual
Stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$37.12M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$12.98M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$14.46M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$30.45M	USD	Annual
Net Cash Used by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-54.67M	USD	Annual
Net Cash Used by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-39.40M	USD	Annual
Net Cash Used by Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-54.89M	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.23M	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.16M	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.11M	USD	Annual
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$8.61M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$16.84M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$8.61M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$16.84M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$410.64M	USD	Point-in-time
Balance	`StockholdersEquity`	$382.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$428.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$457.41M	USD	Point-in-time
Net income	`NetIncomeLoss`	$59.35M	USD	Annual
Net income	`NetIncomeLoss`	$15.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.43M	USD	Annual
Net income	`NetIncomeLoss`	$16.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.80M	USD	Annual
Net income	`NetIncomeLoss`	$13.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.83M	USD	1 Quarter
Stock repurchases, at cost	`StockRepurchasedDuringPeriodValue`	$65.00M	USD	Annual
Stock repurchases, at cost	`StockRepurchasedDuringPeriodValue`	$37.12M	USD	Annual
Stock repurchases, at cost (in shares)	`StockRepurchasedDuringPeriodShares`	4.00M	shares	Annual
Balance	`StockholdersEquity`	$410.64M	USD	Point-in-time
Balance	`StockholdersEquity`	$382.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$428.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$457.41M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.