◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

LIFECORE BIOMEDICAL, INC. DE CIK: 1005286 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0001437749-13-012346
Period End Date 20130831
Filing Date 20130926
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance lndc-20130825.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts (in Dollars) AllowanceForDoubtfulAccountsReceivableCurrent $451.00K USD Point-in-time
Allowance for doubtful accounts (in Dollars) AllowanceForDoubtfulAccountsReceivableCurrent $583.00K USD Point-in-time
Common stock, par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized (in Shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $8.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $10.05M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.72M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $22.18M USD Point-in-time
Common stock, shares authorized (in Shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Marketable securities MarketableSecuritiesCurrent $1.30M USD Point-in-time
Common stock, shares issued (in Shares) CommonStockSharesIssued 26.40M shares Point-in-time
Marketable securities MarketableSecuritiesCurrent $1.54M USD Point-in-time
Common stock, shares issued (in Shares) CommonStockSharesIssued 26.48M shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $451 and $583 at August 25, 2013 and May 26, 2013, respectively AccountsReceivableNetCurrent $32.97M USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $451 and $583 at August 25, 2013 and May 26, 2013, respectively AccountsReceivableNetCurrent $36.07M USD Point-in-time
Common stock, shares outstanding (in Shares) CommonStockSharesOutstanding 26.48M shares Point-in-time
Common stock, shares outstanding (in Shares) CommonStockSharesOutstanding 26.40M shares Point-in-time
Accounts receivable, related party AccountsReceivableRelatedPartiesCurrent $671.00K USD Point-in-time
Accounts receivable, related party AccountsReceivableRelatedPartiesCurrent $205.00K USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $5.10M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $4.94M USD Point-in-time
Inventories, net InventoryNet $24.11M USD Point-in-time
Inventories, net InventoryNet $24.59M USD Point-in-time
Deferred taxes DeferredTaxAssetsNetCurrent $2.01M USD Point-in-time
Deferred taxes DeferredTaxAssetsNetCurrent $1.58M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $2.82M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $2.86M USD Point-in-time
Total Current Assets AssetsCurrent $77.72M USD Point-in-time
Total Current Assets AssetsCurrent $85.66M USD Point-in-time
Investment in non-public company, non-fair value CostMethodInvestments $793.00K USD Point-in-time
Investment in non-public company, non-fair value CostMethodInvestments $793.00K USD Point-in-time
Investment in non-public company, fair value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue $29.60M USD Point-in-time
Investment in non-public company, fair value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue $35.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $68.49M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $65.81M USD Point-in-time
Goodwill, net Goodwill $13.16M USD Point-in-time
Goodwill, net Goodwill $49.62M USD Point-in-time
Goodwill, net Goodwill $49.62M USD Point-in-time
Trademarks/tradenames, net IndefiniteLivedTrademarks $48.43M USD Point-in-time
Trademarks/tradenames, net IndefiniteLivedTrademarks $48.43M USD Point-in-time
Customer relationships, net FiniteLivedCustomerListsNet $9.61M USD Point-in-time
Customer relationships, net FiniteLivedCustomerListsNet $9.38M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.42M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.39M USD Point-in-time
Total Assets Assets $290.83M USD Point-in-time
Total Assets Assets $290.94M USD Point-in-time
Accounts payable AccountsPayableCurrent $31.47M USD Point-in-time
Accounts payable AccountsPayableCurrent $29.08M USD Point-in-time
Accounts payable, related party AccountsPayableRelatedPartiesCurrent $297.00K USD Point-in-time
Accounts payable, related party AccountsPayableRelatedPartiesCurrent $786.00K USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $3.93M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $4.98M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $2.33M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $3.22M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $1.25M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $628.00K USD Point-in-time
Lines of credit LinesOfCreditCurrent $4.00M USD Point-in-time
Lines of credit LinesOfCreditCurrent $1.05M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $5.93M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $5.96M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $50.75M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $44.17M USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $32.96M USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $34.37M USD Point-in-time
Deferred taxes DeferredTaxLiabilitiesNoncurrent $26.78M USD Point-in-time
Deferred taxes DeferredTaxLiabilitiesNoncurrent $24.05M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $1.35M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $1.46M USD Point-in-time
Total Liabilities Liabilities $110.53M USD Point-in-time
Total Liabilities Liabilities $105.36M USD Point-in-time
Common stock, $0.001 par value; 50,000,000 shares authorized; 26,478,809 and 26,402,247 shares issued and outstanding at August 25, 2013 and May 26, 2013, respectively CommonStockValue $26.00K USD Point-in-time
Common stock, $0.001 par value; 50,000,000 shares authorized; 26,478,809 and 26,402,247 shares issued and outstanding at August 25, 2013 and May 26, 2013, respectively CommonStockValue $26.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $126.50M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $126.26M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $52.41M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $57.16M USD Point-in-time
Total Stockholders Equity StockholdersEquity $178.69M USD Point-in-time
Total Stockholders Equity StockholdersEquity $183.69M USD Point-in-time
Non-controlling interest MinorityInterest $1.72M USD Point-in-time
Non-controlling interest MinorityInterest $1.78M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $185.47M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $180.41M USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $290.83M USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $290.94M USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Product sales SalesRevenueGoodsNet $101.30M USD 1 Quarter
Product sales SalesRevenueGoodsNet $108.93M USD 1 Quarter
Services revenue, related party RevenueFromRelatedParties $771.00K USD 1 Quarter
Services revenue, related party RevenueFromRelatedParties $550.00K USD 1 Quarter
Total revenues Revenues $109.48M USD 1 Quarter
Total revenues Revenues $102.07M USD 1 Quarter
Cost of product sales CostOfGoodsSold $96.43M USD 1 Quarter
Cost of product sales CostOfGoodsSold $87.66M USD 1 Quarter
Cost of services revenue CostOfServices $647.00K USD 1 Quarter
Cost of services revenue CostOfServices $517.00K USD 1 Quarter
Total cost of revenue CostOfRevenue $96.95M USD 1 Quarter
Total cost of revenue CostOfRevenue $88.31M USD 1 Quarter
Gross profit GrossProfit $13.76M USD 1 Quarter
Gross profit GrossProfit $12.53M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $1.93M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $2.20M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $8.63M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $8.56M USD 1 Quarter
Total operating costs and expenses OperatingExpenses $10.56M USD 1 Quarter
Total operating costs and expenses OperatingExpenses $10.76M USD 1 Quarter
Operating income OperatingIncomeLoss $1.98M USD 1 Quarter
Operating income OperatingIncomeLoss $3.00M USD 1 Quarter
Dividend income InvestmentIncomeDividend $281.00K USD 1 Quarter
Dividend income InvestmentIncomeDividend $281.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $60.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $26.00K USD 1 Quarter
Interest expense InterestExpense $431.00K USD 1 Quarter
Interest expense InterestExpense $541.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $5.40M USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $4.26M USD 1 Quarter
Net income before taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $7.29M USD 1 Quarter
Net income before taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $7.03M USD 1 Quarter
Income tax expense OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $2.48M USD 1 Quarter
Income tax expense OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $2.56M USD 1 Quarter
Consolidated net income ProfitLoss $4.81M USD 1 Quarter
Consolidated net income ProfitLoss $4.46M USD 1 Quarter
Non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $97.00K USD 1 Quarter
Non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $59.00K USD 1 Quarter
Net income and comprehensive income applicable to common stockholders ComprehensiveIncomeNetOfTax $4.75M USD 1 Quarter
Net income and comprehensive income applicable to common stockholders ComprehensiveIncomeNetOfTax $4.37M USD 1 Quarter
Basic net income per share (in Dollars per share) EarningsPerShareBasic $0.18 USD 1 Quarter
Basic net income per share (in Dollars per share) EarningsPerShareBasic $0.17 USD 1 Quarter
Diluted net income per share (in Dollars per share) EarningsPerShareDiluted $0.17 USD 1 Quarter
Diluted net income per share (in Dollars per share) EarningsPerShareDiluted $0.18 USD 1 Quarter
Basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 25.67M shares 1 Quarter
Basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 26.45M shares 1 Quarter
Diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.08M shares 1 Quarter
Diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 26.21M shares 1 Quarter
Cash Flow Statement 65 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $4.81M USD 1 Quarter
Consolidated net income ProfitLoss $4.46M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $1.86M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $1.84M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $278.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $348.00K USD 1 Quarter
Tax benefit from stock-based compensation expense ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $505.00K USD 1 Quarter
Net loss on disposal of property and equipment GainLossOnDispositionOfAssets $-46.00K USD 1 Quarter
Net loss on disposal of property and equipment GainLossOnDispositionOfAssets $-180.00K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $1.94M USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $2.30M USD 1 Quarter
Change in investment in non-public company (fair market value) FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss $5.40M USD 1 Quarter
Change in investment in non-public company (fair market value) FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss $4.30M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInReceivables $-1.66M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInReceivables $-3.10M USD 1 Quarter
Accounts receivable, related party IncreaseDecreaseInDueFromRelatedParties $-55.00K USD 1 Quarter
Accounts receivable, related party IncreaseDecreaseInDueFromRelatedParties $-466.00K USD 1 Quarter
Income taxes receivable IncreaseDecreaseInIncomeTaxesReceivable $-161.00K USD 1 Quarter
Income taxes receivable IncreaseDecreaseInIncomeTaxesReceivable $-236.00K USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $1.53M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $476.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-40.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $260.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $4.08M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-2.39M USD 1 Quarter
Accounts payable, related party IncreaseDecreaseInAccountsPayableRelatedParties $-489.00K USD 1 Quarter
Accounts payable, related party IncreaseDecreaseInAccountsPayableRelatedParties $-243.00K USD 1 Quarter
Accrued compensation IncreaseDecreaseInEmployeeRelatedLiabilities $-1.82M USD 1 Quarter
Accrued compensation IncreaseDecreaseInEmployeeRelatedLiabilities $-129.00K USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInAccruedLiabilities $993.00K USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInAccruedLiabilities $-1.44M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $364.00K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-620.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $4.54M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.08M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.03M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.34M USD 1 Quarter
Purchase of marketable securities PaymentsToAcquireMarketableSecurities $1.42M USD 1 Quarter
Purchase of marketable securities PaymentsToAcquireMarketableSecurities $756.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.79M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-4.10M USD 1 Quarter
Proceeds from sale of common stock ProceedsFromIssuanceOfCommonStock $250.00K USD 1 Quarter
Proceeds from sale of common stock ProceedsFromIssuanceOfCommonStock $202.00K USD 1 Quarter
Taxes paid by Company for stock swaps and RSUs PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.21M USD 1 Quarter
Taxes paid by Company for stock swaps and RSUs PaymentsRelatedToTaxWithholdingForShareBasedCompensation $49.00K USD 1 Quarter
Tax benefit from stock-based compensation expense ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $505.00K USD 1 Quarter
Earn out payment from Lifecore acquisition EarnOutPaymentFromAcquisition $9.65M USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt $1.38M USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt $1.37M USD 1 Quarter
Payments on lines of credit RepaymentsOfLinesOfCredit $4.17M USD 1 Quarter
Payments on lines of credit RepaymentsOfLinesOfCredit $2.95M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherNoncurrentAssets $-31.00K USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherNoncurrentAssets $-99.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-14.43M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-5.26M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-12.13M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-4.82M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $8.90M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $10.05M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $13.72M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $22.18M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $8.90M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $10.05M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $13.72M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $22.18M USD Point-in-time

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...