10-Q Filing

LIFECORE BIOMEDICAL, INC. DE CIK: 1005286 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-000265`
Period End Date	20161130
Filing Date	20170105
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	lndc-20161127.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 96 Cash Flow Statement 78 Stockholders Equity 14 Comprehensive Income 4

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.97M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.57M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.89M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.15M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.26M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$50.01M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$46.41M	USD	Point-in-time
Inventories	`InventoryNet`	$25.54M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.26M	shares	Point-in-time
Inventories	`InventoryNet`	$27.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.15M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.93M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.47M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$84.47M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$86.30M	USD	Point-in-time
Investment in non-public company, fair value	`FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue`	$62.70M	USD	Point-in-time
Investment in non-public company, fair value	`FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue`	$62.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$120.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$120.97M	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`	$14.43M	USD	Point-in-time
Trademarks/tradenames, net	`IndefiniteLivedTrademarks`	$14.43M	USD	Point-in-time
Customer relationships, net	`FiniteLivedCustomerListsNet`	$6.97M	USD	Point-in-time
Customer relationships, net	`FiniteLivedCustomerListsNet`	$6.53M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.62M	USD	Point-in-time
Total Assets	`Assets`	$342.65M	USD	Point-in-time
Total Assets	`Assets`	$341.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.91M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.70M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$5.46M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$7.77M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$8.42M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$474.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$832.00K	USD	Point-in-time
Lines of credit	`LinesOfCreditCurrent`	$3.50M	USD	Point-in-time
Lines of credit	`LinesOfCreditCurrent`	$1.50M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$4.94M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$7.87M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$46.95M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$56.34M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$45.97M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$44.77M	USD	Point-in-time
Capital lease obligation, less current portion	`CapitalLeaseObligationsNoncurrent`	$3.80M	USD	Point-in-time
Capital lease obligation, less current portion	`CapitalLeaseObligationsNoncurrent`	$3.77M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$22.44M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$24.33M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesCurrent`	$1.74M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesCurrent`	$1.98M	USD	Point-in-time
Total Liabilities	`Liabilities`	$130.30M	USD	Point-in-time
Total Liabilities	`Liabilities`	$121.79M	USD	Point-in-time
Common stock, $0.001 par value; 50,000 shares authorized; 27,258 and 27,148 shares issued and outstanding at November 27, 2016 and May 29, 2016, respectively	`CommonStockValue`	$27.00K	USD	Point-in-time
Common stock, $0.001 par value; 50,000 shares authorized; 27,258 and 27,148 shares issued and outstanding at November 27, 2016 and May 29, 2016, respectively	`CommonStockValue`	$27.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$137.24M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$139.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$78.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$73.46M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$327.00K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$218.01M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$210.73M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$1.62M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$1.54M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$219.55M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$212.35M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$341.34M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$342.65M	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Product sales	`SalesRevenueGoodsNet`	$135.87M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$275.80M	USD	2 Qtrs
Product sales	`SalesRevenueGoodsNet`	$140.44M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$268.26M	USD	2 Qtrs
Cost of product sales	`CostOfGoodsSold`	$116.91M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$240.55M	USD	2 Qtrs
Cost of product sales	`CostOfGoodsSold`	$123.18M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$228.16M	USD	2 Qtrs
Gross profit	`GrossProfit`	$35.24M	USD	2 Qtrs
Gross profit	`GrossProfit`	$40.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$17.27M	USD	1 Quarter
Gross profit	`GrossProfit`	$18.95M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.90M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.52M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.64M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.97M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.46M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$12.81M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.72M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$24.98M	USD	2 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$31.36M	USD	2 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$14.46M	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$15.69M	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$28.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$8.73M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$2.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.26M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.75M	USD	2 Qtrs
Dividend income	`InvestmentIncomeDividend`	$413.00K	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$825.00K	USD	2 Qtrs
Dividend income	`InvestmentIncomeDividend`	$413.00K	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$825.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$16.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$47.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	1 Quarter
Interest expense	`InterestExpenseNet`	$439.00K	USD	1 Quarter
Interest expense	`InterestExpenseNet`	$1.03M	USD	2 Qtrs
Interest expense	`InterestExpenseNet`	$941.00K	USD	2 Qtrs
Interest expense	`InterestExpenseNet`	$380.00K	USD	1 Quarter
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	2 Qtrs
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	1 Quarter
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$1.00M	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$200.00K	USD	1 Quarter
Net income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.07M	USD	1 Quarter
Net income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.30M	USD	2 Qtrs
Net income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.68M	USD	2 Qtrs
Net income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$693.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.76M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.58M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.07M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$4.92M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$1.93M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$1.37M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$4.72M	USD	2 Qtrs
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$60.00K	USD	1 Quarter
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$96.00K	USD	2 Qtrs
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$81.00K	USD	2 Qtrs
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$48.00K	USD	1 Quarter
Net income and comprehensive income applicable to common stockholders	`NetIncomeLoss`	$4.82M	USD	2 Qtrs
Net income and comprehensive income applicable to common stockholders	`NetIncomeLoss`	$1.33M	USD	1 Quarter
Net income and comprehensive income applicable to common stockholders	`NetIncomeLoss`	$1.87M	USD	1 Quarter
Net income and comprehensive income applicable to common stockholders	`NetIncomeLoss`	$4.64M	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	2 Qtrs
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.23M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.01M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.02M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.42M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.62M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.42M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.57M	shares	2 Qtrs
Change in net unrealized gains on interest rate swap (net of tax effect of $192, $0, $192, and $0)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$327.00K	USD	1 Quarter
Change in net unrealized gains on interest rate swap (net of tax effect of $192, $0, $192, and $0)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Change in net unrealized gains on interest rate swap (net of tax effect of $192, $0, $192, and $0)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in net unrealized gains on interest rate swap (net of tax effect of $192, $0, $192, and $0)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$327.00K	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$327.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$327.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.87M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.96M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.82M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.65M	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$4.92M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$1.93M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$1.37M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$4.72M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.34M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.70M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.77M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.17M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$2.32M	USD	2 Qtrs
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	2 Qtrs
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	1 Quarter
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Change in investment in non-public company, fair value	`FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss`	$1.00M	USD	2 Qtrs
Change in investment in non-public company, fair value	`FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss`	-	USD	2 Qtrs
Net loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Net loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	$-57.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$3.60M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$3.80M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$2.44M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$3.83M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-666.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$2.46M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.99M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.91M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$236.00K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.36M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.17M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$802.00K	USD	2 Qtrs
Deferred revenue, net	`IncreaseDecreaseInDeferredRevenue`	$-358.00K	USD	2 Qtrs
Deferred revenue, net	`IncreaseDecreaseInDeferredRevenue`	$-462.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$5.53M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.28M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.74M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.20M	USD	2 Qtrs
Deposit on capital lease	`DepositOnCapitalLease`	-	USD	2 Qtrs
Deposit on capital lease	`DepositOnCapitalLease`	$850.00K	USD	2 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.00K	USD	2 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$91.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.72M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-15.96M	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$108.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$193.00K	USD	2 Qtrs
Taxes paid by Company for stock swaps and RSUs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$272.00K	USD	2 Qtrs
Taxes paid by Company for stock swaps and RSUs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$9.97M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$50.00M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$54.70M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$4.28M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$10.50M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$1.50M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$1.50M	USD	Point-in-time
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$3.50M	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$10.50M	USD	2 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$897.00K	USD	2 Qtrs
Payments for early debt extinguishment penalties	`PaymentsOfDebtExtinguishmentCosts`	$233.00K	USD	1 Quarter
Payments for early debt extinguishment penalties	`PaymentsOfDebtExtinguishmentCosts`	$233.00K	USD	2 Qtrs
Payments for early debt extinguishment penalties	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Change in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$59.00K	USD	2 Qtrs
Change in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$26.00K	USD	2 Qtrs
Payments to non-controlling interest	`PaymentsToMinorityShareholders`	$166.00K	USD	2 Qtrs
Payments to non-controlling interest	`PaymentsToMinorityShareholders`	$248.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-8.13M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.53M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.15M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.33M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.13M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.57M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.97M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.13M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.57M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.89M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$218.01M	USD	Point-in-time
Balance	`StockholdersEquity`	$210.73M	USD	Point-in-time
Cumulative Effect of New Accounting Principle in Period of Adoption	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$623.00K	USD	Point-in-time
Issuance of common stock at $5.63 to $6.66 per share, net of taxes paid by Landec on behalf of employees	`StockIssuedDuringPeriodValueNewIssues`	$193.00K	USD	2 Qtrs
Taxes paid by Company for stock swaps and RSUs	`AdjustmentsToAdditionalPaidInCapitalOther`	$-272.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.77M	USD	2 Qtrs
Payments to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.64M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$327.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$218.01M	USD	Point-in-time
Balance	`StockholdersEquity`	$210.73M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Change in net unrealized gains on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	-	USD	2 Qtrs
Change in net unrealized gains on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$192.00K	USD	1 Quarter
Change in net unrealized gains on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$192.00K	USD	2 Qtrs
Change in net unrealized gains on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	-	USD	1 Quarter

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