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10-Q Filing

VECTOR GROUP LTD CIK: 59440 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0000059440-14-000015
Period End Date 20140331
Filing Date 20140512
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance vgr-20140331.xml
Balance Sheet 126 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $381.48M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $405.86M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $351.90M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $234.47M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Investment securities available for sale AvailableForSaleSecuritiesCurrent $172.53M USD Point-in-time
Investment securities available for sale AvailableForSaleSecuritiesCurrent $180.84M USD Point-in-time
Common stock, par value (in shares) CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common stock, par value (in shares) CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Accounts receivable - trade, net AccountsReceivableNetCurrent $13.18M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 150.00M shares Point-in-time
Accounts receivable - trade, net AccountsReceivableNetCurrent $12.16M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 150.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 101.43M shares Point-in-time
Inventories InventoryNet $110.03M USD Point-in-time
Inventories InventoryNet $93.50M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 103.67M shares Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $28.42M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 97.48M shares Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $50.48M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 99.72M shares Point-in-time
Common stock in treasury, shares (in shares) TreasuryStockShares 3.95M shares Point-in-time
Common stock in treasury, shares (in shares) TreasuryStockShares 3.95M shares Point-in-time
Income tax receivable, net IncomeTaxesReceivable $22.16M USD Point-in-time
Income tax receivable, net IncomeTaxesReceivable - USD Point-in-time
Restricted assets RestrictedCashAndInvestmentsCurrent $1.78M USD Point-in-time
Restricted assets RestrictedCashAndInvestmentsCurrent $3.52M USD Point-in-time
Other current assets OtherAssetsCurrent $23.39M USD Point-in-time
Other current assets OtherAssetsCurrent $27.25M USD Point-in-time
Total current assets AssetsCurrent $588.31M USD Point-in-time
Total current assets AssetsCurrent $766.88M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $79.26M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $81.09M USD Point-in-time
Investments in consolidated real estate businesses, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $20.91M USD Point-in-time
Investments in consolidated real estate businesses, net InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $21.09M USD Point-in-time
Long-term investments accounted for at cost CostMethodInvestments $21.79M USD Point-in-time
Long-term investments accounted for at cost CostMethodInvestments $20.79M USD Point-in-time
Long-term investments accounted for under the equity method EquityMethodInvestments $12.83M USD Point-in-time
Long-term investments accounted for under the equity method EquityMethodInvestments $8.60M USD Point-in-time
Investments in non-consolidated real estate businesses RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $128.20M USD Point-in-time
Investments in non-consolidated real estate businesses RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures $129.88M USD Point-in-time
Restricted assets RestrictedCashAndInvestmentsNoncurrent $11.98M USD Point-in-time
Restricted assets RestrictedCashAndInvestmentsNoncurrent $11.01M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $59.02M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $51.47M USD Point-in-time
Intangible assets. net IntangibleAssetsNetExcludingGoodwill $9.38M USD Point-in-time
Intangible assets. net IntangibleAssetsNetExcludingGoodwill $11.92M USD Point-in-time
Goodwill GoodwillExcludingOtherIntangibles $71.68M USD Point-in-time
Goodwill GoodwillExcludingOtherIntangibles $71.68M USD Point-in-time
Trademarks IndefiniteLivedIntangibleAssetsExcludingGoodwill $80.00M USD Point-in-time
Trademarks IndefiniteLivedIntangibleAssetsExcludingGoodwill $80.00M USD Point-in-time
Intangible asset associated with benefit under the Master Settlement Agreement IntangibleAssetAssociatedwithBenefitUnderMasterSettlementAgreement $107.51M USD Point-in-time
Intangible asset associated with benefit under the Master Settlement Agreement IntangibleAssetAssociatedwithBenefitUnderMasterSettlementAgreement $107.51M USD Point-in-time
Prepaid pension costs PrepaidPensionCosts $26.87M USD Point-in-time
Prepaid pension costs PrepaidPensionCosts $26.08M USD Point-in-time
Other assets OtherAssetsNoncurrent $53.55M USD Point-in-time
Other assets OtherAssetsNoncurrent $60.22M USD Point-in-time
Total assets Assets $1.26B USD Point-in-time
Total assets Assets $1.46B USD Point-in-time
Current portion of notes payable and long-term debt LongTermDebtCurrent $151.58M USD Point-in-time
Current portion of notes payable and long-term debt LongTermDebtCurrent $132.79M USD Point-in-time
Current portion of fair value of derivatives embedded within convertible debt EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiabilityCurrent $12.11M USD Point-in-time
Current portion of fair value of derivatives embedded within convertible debt EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiabilityCurrent $19.13M USD Point-in-time
Current payments due under the Master Settlement Agreement SettlementAccrualMasterSettlementAgreementCurrent $49.92M USD Point-in-time
Current payments due under the Master Settlement Agreement SettlementAccrualMasterSettlementAgreementCurrent $25.35M USD Point-in-time
Current portion of employee benefits EmployeeRelatedLiabilitiesCurrent $939.00K USD Point-in-time
Current portion of employee benefits EmployeeRelatedLiabilitiesCurrent $939.00K USD Point-in-time
Accounts payable AccountsPayableCurrent $26.80M USD Point-in-time
Accounts payable AccountsPayableCurrent $9.52M USD Point-in-time
Accrued promotional expenses AccruedAdvertisingCurrent $18.66M USD Point-in-time
Accrued promotional expenses AccruedAdvertisingCurrent $18.57M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $3.15M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $6.42M USD Point-in-time
Accrued excise and payroll taxes payable, net AccruedExciseAndPayrollTaxesPayableNet $11.62M USD Point-in-time
Accrued excise and payroll taxes payable, net AccruedExciseAndPayrollTaxesPayableNet $23.53M USD Point-in-time
Litigation accruals LitigationReserveCurrent $59.31M USD Point-in-time
Litigation accruals LitigationReserveCurrent $4.80M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesCurrent $45.73M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesCurrent $50.45M USD Point-in-time
Accrued interest InterestPayableCurrent $13.10M USD Point-in-time
Accrued interest InterestPayableCurrent $21.97M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $17.61M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $25.55M USD Point-in-time
Total current liabilities LiabilitiesCurrent $344.42M USD Point-in-time
Total current liabilities LiabilitiesCurrent $405.11M USD Point-in-time
Notes payable, long-term debt and other obligations, less current portion LongTermDebtNoncurrent $540.77M USD Point-in-time
Notes payable, long-term debt and other obligations, less current portion LongTermDebtNoncurrent $690.83M USD Point-in-time
Fair value of derivatives embedded within convertible debt EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability $92.93M USD Point-in-time
Fair value of derivatives embedded within convertible debt EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability $181.87M USD Point-in-time
Non-current employee benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $47.92M USD Point-in-time
Non-current employee benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $48.23M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $151.99M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $137.65M USD Point-in-time
Payments due under the Master Settlement Agreement SettlementAccrualMasterSettlementAgreementNonCurrent $27.57M USD Point-in-time
Payments due under the Master Settlement Agreement SettlementAccrualMasterSettlementAgreementNonCurrent $27.57M USD Point-in-time
Litigation accruals LitigationAccrualsNonCurrent $23.75M USD Point-in-time
Litigation accruals LitigationAccrualsNonCurrent $27.06M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $3.18M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $2.87M USD Point-in-time
Total liabilities Liabilities $1.47B USD Point-in-time
Total liabilities Liabilities $1.28B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized PreferredStockValue - USD Point-in-time
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized PreferredStockValue - USD Point-in-time
Common stock, par value $0.10 per share, 150,000,000 shares authorized, 103,668,756 and 101,430,853 shares issued and 99,720,901 and 97,482,998 shares outstanding CommonStockValue $9.97M USD Point-in-time
Common stock, par value $0.10 per share, 150,000,000 shares authorized, 103,668,756 and 101,430,853 shares issued and 99,720,901 and 97,482,998 shares outstanding CommonStockValue $9.75M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock - USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-112.23M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-114.79M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $22.86M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $28.17M USD Point-in-time
Less: 3,947,855 and 3,947,855 shares of common stock in treasury, at cost TreasuryStockValue $12.86M USD Point-in-time
Less: 3,947,855 and 3,947,855 shares of common stock in treasury, at cost TreasuryStockValue $12.86M USD Point-in-time
Total Vector Group Ltd. stockholders' deficiency StockholdersEquity $-86.95M USD Point-in-time
Total Vector Group Ltd. stockholders' deficiency StockholdersEquity $-95.04M USD Point-in-time
Non-controlling interest MinorityInterest $74.38M USD Point-in-time
Non-controlling interest MinorityInterest $73.43M USD Point-in-time
Total stockholders' deficiency StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-21.61M USD Point-in-time
Total stockholders' deficiency StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-12.57M USD Point-in-time
Total liabilities and stockholders' deficiency LiabilitiesAndStockholdersEquity $1.26B USD Point-in-time
Total liabilities and stockholders' deficiency LiabilitiesAndStockholdersEquity $1.46B USD Point-in-time
Income Statement 54 line items
Line Item Tag Value Unit Period
Tax portion of revenues and cost of goods sold ExciseAndSalesTaxes $108.91M USD 1 Quarter
Tax portion of revenues and cost of goods sold ExciseAndSalesTaxes $102.41M USD 1 Quarter
Tobacco SalesRevenueGoodsNet $233.39M USD 1 Quarter
Tobacco SalesRevenueGoodsNet $240.40M USD 1 Quarter
Real estate RealEstateRevenueNet $108.04M USD 1 Quarter
Real estate RealEstateRevenueNet $5.77M USD 1 Quarter
E-Cigarettes OtherSalesRevenueNet $5.80M USD 1 Quarter
E-Cigarettes OtherSalesRevenueNet - USD 1 Quarter
Total revenues SalesRevenueNet $347.24M USD 1 Quarter
Total revenues SalesRevenueNet $246.17M USD 1 Quarter
Tobacco CostOfGoodsSold $168.17M USD 1 Quarter
Tobacco CostOfGoodsSold $172.96M USD 1 Quarter
Real estate CostOfRealEstateRevenue $4.22M USD 1 Quarter
Real estate CostOfRealEstateRevenue $67.32M USD 1 Quarter
E-Cigarettes OtherCostOfOperatingRevenue $3.55M USD 1 Quarter
E-Cigarettes OtherCostOfOperatingRevenue - USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $177.18M USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $239.04M USD 1 Quarter
Operating, selling, administrative and general expenses OperatingExpenses $25.90M USD 1 Quarter
Operating, selling, administrative and general expenses OperatingExpenses $65.48M USD 1 Quarter
Operating income OperatingIncomeLoss $42.72M USD 1 Quarter
Operating income OperatingIncomeLoss $43.10M USD 1 Quarter
Interest expense InterestExpense $33.38M USD 1 Quarter
Interest expense InterestExpense $35.45M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-21.46M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Change in fair value of derivatives embedded within convertible debt GainLossOnDerivativeInstrumentsNetPretax $-1.65M USD 1 Quarter
Change in fair value of derivatives embedded within convertible debt GainLossOnDerivativeInstrumentsNetPretax $3.05M USD 1 Quarter
Acceleration of interest expense related to debt conversion DebtConversionAccelerationOfInterestExpense - USD 1 Quarter
Acceleration of interest expense related to debt conversion DebtConversionAccelerationOfInterestExpense $3.68M USD 1 Quarter
Equity income from non-consolidated real estate businesses IncomeLossFromEquityMethodInvestments $1.55M USD 1 Quarter
Equity income from non-consolidated real estate businesses IncomeLossFromEquityMethodInvestments $481.00K USD 1 Quarter
Equity income (loss) on long-term investments EquityIncomeLossonLongTermInvestments $906.00K USD 1 Quarter
Equity income (loss) on long-term investments EquityIncomeLossonLongTermInvestments $-23.00K USD 1 Quarter
(Loss) gain on sale of investment securities available for sale AvailableForSaleSecuritiesGrossRealizedGainLossNet $-53.00K USD 1 Quarter
(Loss) gain on sale of investment securities available for sale AvailableForSaleSecuritiesGrossRealizedGainLossNet $5.41M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $2.13M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $809.00K USD 1 Quarter
Income (loss) before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.02M USD 1 Quarter
Income (loss) before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $6.47M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $2.94M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $-335.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $-1.68M USD 1 Quarter
Net income (loss) NetIncomeLoss $3.53M USD 1 Quarter
Net income attributed to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income attributed to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $949.00K USD 1 Quarter
Net income (loss) attributed to Vector Group Ltd. ProfitLoss $-1.68M USD 1 Quarter
Net income (loss) attributed to Vector Group Ltd. ProfitLoss $2.58M USD 1 Quarter
Net income (loss) applicable to common shares attributed to Vector Group Ltd. EarningsPerShareBasic $0.03 USD 1 Quarter
Net income (loss) applicable to common shares attributed to Vector Group Ltd. EarningsPerShareBasic $-0.02 USD 1 Quarter
Net income (loss) applicable to common shares attributed to Vector Group Ltd. EarningsPerShareDiluted $-0.02 USD 1 Quarter
Net income (loss) applicable to common shares attributed to Vector Group Ltd. EarningsPerShareDiluted $0.03 USD 1 Quarter
Cash distributions and dividends declared per share CommonStockDividendsPerShareDeclared $0.40 USD 1 Quarter
Cash distributions and dividends declared per share CommonStockDividendsPerShareDeclared $0.38 USD 1 Quarter
Cash Flow Statement 52 line items
Line Item Tag Value Unit Period
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-39.08M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-9.92M USD 1 Quarter
Sale of investment securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $6.58M USD 1 Quarter
Sale of investment securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $35.01M USD 1 Quarter
Purchase of investment securities PaymentsToAcquireAvailableForSaleSecurities $36.76M USD 1 Quarter
Purchase of investment securities PaymentsToAcquireAvailableForSaleSecurities $5.00M USD 1 Quarter
Purchase of long-term investments PaymentsToAcquireLongtermInvestments $1.00M USD 1 Quarter
Purchase of long-term investments PaymentsToAcquireLongtermInvestments - USD 1 Quarter
Investments in non-consolidated real estate businesses PaymentsToAcquireEquityMethodInvestments $4.07M USD 1 Quarter
Investments in non-consolidated real estate businesses PaymentsToAcquireEquityMethodInvestments $1.35M USD 1 Quarter
Investments in consolidated real estate businesses InvestmentsInConsolidatedRealEstateBusinesses - USD 1 Quarter
Investments in consolidated real estate businesses InvestmentsInConsolidatedRealEstateBusinesses $7.62M USD 1 Quarter
Distributions from non-consolidated real estate businesses EquityMethodInvestmentDividendsOrDistributions $2.58M USD 1 Quarter
Distributions from non-consolidated real estate businesses EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Increase in cash surrender value of life insurance policies IncreaseDecreaseInCashSurrenderValueOfLifeInsurancePolicies $68.00K USD 1 Quarter
Increase in cash surrender value of life insurance policies IncreaseDecreaseInCashSurrenderValueOfLifeInsurancePolicies $47.00K USD 1 Quarter
Increase in restricted assets IncreaseDecreaseInRestrictedCash $-7.00K USD 1 Quarter
Increase in restricted assets IncreaseDecreaseInRestrictedCash $390.00K USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $6.42M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $3.56M USD 1 Quarter
Repayments of notes receivable RepaymentOfNotesReceivableFromRelatedParties - USD 1 Quarter
Repayments of notes receivable RepaymentOfNotesReceivableFromRelatedParties $933.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-10.18M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-11.01M USD 1 Quarter
Proceeds from debt issuance ProceedsFromIssuanceOfLongTermDebt $260.51M USD 1 Quarter
Proceeds from debt issuance ProceedsFromIssuanceOfLongTermDebt $450.00M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $11.45M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $8.21M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $2.21M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $416.90M USD 1 Quarter
Borrowings under revolver ProceedsFromLinesOfCredit $196.84M USD 1 Quarter
Borrowings under revolver ProceedsFromLinesOfCredit $214.76M USD 1 Quarter
Repayments on revolver RepaymentsOfLinesOfCredit $233.69M USD 1 Quarter
Repayments on revolver RepaymentsOfLinesOfCredit $211.52M USD 1 Quarter
Dividends and distributions on common stock PaymentsOfDividendsCommonStock $35.75M USD 1 Quarter
Dividends and distributions on common stock PaymentsOfDividendsCommonStock $40.87M USD 1 Quarter
Proceeds from exercise of Vector options ProceedsFromIssuanceOrSaleOfEquity - USD 1 Quarter
Proceeds from exercise of Vector options ProceedsFromIssuanceOrSaleOfEquity $1.39M USD 1 Quarter
Tax benefit of options exercised ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $344.00K USD 1 Quarter
Tax benefit of options exercised ExcessTaxBenefitFromShareBasedCompensationFinancingActivities - USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-33.03M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $196.27M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-53.95M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $147.01M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $381.48M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $405.86M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $351.90M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $234.47M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $381.48M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $405.86M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $351.90M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $234.47M USD Point-in-time
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Beneficial conversion feature of notes payable, tax IncomeTaxesonBeneficialConversionFeatureofNotesPayable $10.33M USD 1 Quarter
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-21.61M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-12.57M USD Point-in-time
Net income (loss) NetIncomeLoss $-1.68M USD 1 Quarter
Net income (loss) NetIncomeLoss $3.53M USD 1 Quarter
Change in net loss and prior service cost, net of income taxes OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax $-283.00K USD 1 Quarter
Forward contract adjustments, net of income taxes OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $11.00K USD 1 Quarter
Unrealized gain on long-term investment securities accounted for under the equity method, net of income taxes UnrealizedLossOnLongTermInvestmentsAccountedForUnderEquityMethodNetOfIncomeTaxes $-1.96M USD 1 Quarter
Change in net unrealized gain on investment securities, net of income taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $3.02M USD 1 Quarter
Net unrealized loss reclassified into net income, net of income taxes OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-31.00K USD 1 Quarter
Unrealized gain on investment securities, net of income taxes OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $3.05M USD 1 Quarter
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $5.31M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $4.23M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $8.84M USD 1 Quarter
Distributions and dividends on common stock DividendsCommonStockCash $39.80M USD 1 Quarter
Note conversion, net of income taxes StockIssuedDuringPeriodValueConversionOfConvertibleSecurities $23.96M USD 1 Quarter
Beneficial conversion feature of notes payable, net of income taxes of $10,327 AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $14.65M USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $1.39M USD 1 Quarter
Tax benefit of options exercised AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $344.00K USD 1 Quarter
Stock-based compensation AdjustmentToAdditionalPaidInCapitalAmortizationOfDeferredCompensation $523.00K USD 1 Quarter
Tax rate adjustment StockholdersEquityOther $865.00K USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-21.61M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-12.57M USD Point-in-time
Comprehensive Income 42 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-1.68M USD 1 Quarter
Net income (loss) NetIncomeLoss $3.53M USD 1 Quarter
Change in net unrealized gains OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $5.99M USD 1 Quarter
Change in net unrealized gains OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $14.04M USD 1 Quarter
Net unrealized losses (gains) reclassified into net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $5.41M USD 1 Quarter
Net unrealized losses (gains) reclassified into net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $-53.00K USD 1 Quarter
Net unrealized gains on investment securities available for sale OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent $8.63M USD 1 Quarter
Net unrealized gains on investment securities available for sale OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent $6.05M USD 1 Quarter
Change in net unrealized gains OtherComprehensiveIncomeLossUnrealizedHoldingGainLossOnLongTermEquityMethodInvestmentsArisingDuringPeriodBeforeTax $958.00K USD 1 Quarter
Change in net unrealized gains OtherComprehensiveIncomeLossUnrealizedHoldingGainLossOnLongTermEquityMethodInvestmentsArisingDuringPeriodBeforeTax $3.33M USD 1 Quarter
Net unrealized gains reclassified into net income OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfLongTermEquityMethodInvestmentsIncludedInNetIncomeBeforeTax - USD 1 Quarter
Net unrealized gains reclassified into net income OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfLongTermEquityMethodInvestmentsIncludedInNetIncomeBeforeTax - USD 1 Quarter
Net unrealized gains on long-term investments accounted for under the equity method OtherComprehensiveIncomeLossLongTermEquityMethodInvestmentsAdjustmentBeforeTax $958.00K USD 1 Quarter
Net unrealized gains on long-term investments accounted for under the equity method OtherComprehensiveIncomeLossLongTermEquityMethodInvestmentsAdjustmentBeforeTax $3.33M USD 1 Quarter
Net change in forward contracts OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax $17.00K USD 1 Quarter
Net change in forward contracts OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax $15.00K USD 1 Quarter
Net change in pension-related amounts OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax $-351.00K USD 1 Quarter
Net change in pension-related amounts OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax $-148.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossBeforeTax $9.54M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossBeforeTax $9.96M USD 1 Quarter
Change in net unrealized gains on investment securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $5.70M USD 1 Quarter
Change in net unrealized gains on investment securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $2.97M USD 1 Quarter
Net unrealized losses (gains) reclassified into net income on investment securities OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $2.19M USD 1 Quarter
Net unrealized losses (gains) reclassified into net income on investment securities OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $-22.00K USD 1 Quarter
Change in unrealized gains on long-term investments OtherComprehensiveIncomeLossUnrealizedHoldingGainLossOnLongTermEquityMethodInvestmentsArisingDuringPeriodTax $1.37M USD 1 Quarter
Change in unrealized gains on long-term investments OtherComprehensiveIncomeLossUnrealizedHoldingGainLossOnLongTermEquityMethodInvestmentsArisingDuringPeriodTax $389.00K USD 1 Quarter
Net unrealized gains reclassified into net income on long-term investments OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfLongTermEquityMethodInvestmentsIncludedInNetIncomeTax - USD 1 Quarter
Net unrealized gains reclassified into net income on long-term investments OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfLongTermEquityMethodInvestmentsIncludedInNetIncomeTax - USD 1 Quarter
Forward contracts OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $6.00K USD 1 Quarter
Forward contracts OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $6.00K USD 1 Quarter
Pension-related amounts OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $135.00K USD 1 Quarter
Pension-related amounts OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-142.00K USD 1 Quarter
Income tax provision on other comprehensive income OtherComprehensiveIncomeLossTax $4.24M USD 1 Quarter
Income tax provision on other comprehensive income OtherComprehensiveIncomeLossTax $4.04M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $5.91M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $5.31M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $4.23M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $8.84M USD 1 Quarter
Comprehensive income attributed to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $949.00K USD 1 Quarter
Comprehensive income attributed to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive income attributed to Vector Group Ltd. ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.23M USD 1 Quarter
Comprehensive income attributed to Vector Group Ltd. ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $7.89M USD 1 Quarter

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

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