10-Q Filing

LIFECORE BIOMEDICAL, INC. DE CIK: 1005286 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001437749-18-000336`
Period End Date	20171130
Filing Date	20180105
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	lndc-20171126.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 96 Cash Flow Statement 76 Stockholders Equity 17 Comprehensive Income 4

Balance Sheet 74 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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.37M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.41M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$47.08M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$56.36M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.53M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.50M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.53M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.50M	shares	Point-in-time
Inventories	`InventoryNet`	$30.84M	USD	Point-in-time
Inventories	`InventoryNet`	$25.29M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.43M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$81.28M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$95.99M	USD	Point-in-time
Investment in non-public company, fair value	`FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue`	$65.80M	USD	Point-in-time
Investment in non-public company, fair value	`FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue`	$63.60M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$133.22M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$135.27M	USD	Point-in-time
Goodwill	`Goodwill`	$54.78M	USD	Point-in-time
Goodwill	`Goodwill`	$54.78M	USD	Point-in-time
Trademarks/tradenames, net	`IndefiniteLivedTrademarks`	$16.03M	USD	Point-in-time
Trademarks/tradenames, net	`IndefiniteLivedTrademarks`	$16.03M	USD	Point-in-time
Customer relationships, net	`FiniteLivedCustomerListsNet`	$6.78M	USD	Point-in-time
Customer relationships, net	`FiniteLivedCustomerListsNet`	$6.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.15M	USD	Point-in-time
Total Assets	`Assets`	$358.61M	USD	Point-in-time
Total Assets	`Assets`	$379.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.48M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$7.62M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$8.21M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$9.12M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$8.47M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.67M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$310.00K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$3.00M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$10.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.94M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.94M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$51.45M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$70.19M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$42.30M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$39.83M	USD	Point-in-time
Capital lease obligation, less current portion	`CapitalLeaseObligationsNoncurrent`	$3.73M	USD	Point-in-time
Capital lease obligation, less current portion	`CapitalLeaseObligationsNoncurrent`	$3.69M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$24.58M	USD	Point-in-time
Deferred taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$26.03M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesCurrent`	$8.39M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesCurrent`	$6.86M	USD	Point-in-time
Total Liabilities	`Liabilities`	$130.46M	USD	Point-in-time
Total Liabilities	`Liabilities`	$146.60M	USD	Point-in-time
Common stock, $0.001 par value; 50,000 shares authorized; 27,534 and 27,499 shares issued and outstanding at November 26, 2017 and May 28, 2017, respectively	`CommonStockValue`	$28.00K	USD	Point-in-time
Common stock, $0.001 par value; 50,000 shares authorized; 27,534 and 27,499 shares issued and outstanding at November 26, 2017 and May 28, 2017, respectively	`CommonStockValue`	$27.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$141.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$143.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$87.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$84.47M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$568.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$432.00K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$226.61M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$231.19M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$1.52M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$1.54M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$232.71M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$228.15M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$379.31M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$358.61M	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Product sales	`SalesRevenueGoodsNet`	$268.26M	USD	2 Qtrs
Product sales	`SalesRevenueGoodsNet`	$136.46M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$259.81M	USD	2 Qtrs
Product sales	`SalesRevenueGoodsNet`	$135.87M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$116.91M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$224.78M	USD	2 Qtrs
Cost of product sales	`CostOfGoodsSold`	$120.70M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$228.16M	USD	2 Qtrs
Gross profit	`GrossProfit`	$35.04M	USD	2 Qtrs
Gross profit	`GrossProfit`	$15.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$40.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$18.95M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.90M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.37M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$6.09M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.97M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$12.93M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.98M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.46M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.72M	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$31.36M	USD	2 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$15.69M	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$16.31M	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$33.07M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$8.73M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$3.26M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$1.97M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-554.00K	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$825.00K	USD	2 Qtrs
Dividend income	`InvestmentIncomeDividend`	$412.00K	USD	1 Quarter
Dividend income	`InvestmentIncomeDividend`	$825.00K	USD	2 Qtrs
Dividend income	`InvestmentIncomeDividend`	$412.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$42.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$74.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.00K	USD	2 Qtrs
Interest expense	`InterestExpenseNet`	$884.00K	USD	2 Qtrs
Interest expense	`InterestExpenseNet`	$480.00K	USD	1 Quarter
Interest expense	`InterestExpenseNet`	$1.03M	USD	2 Qtrs
Interest expense	`InterestExpenseNet`	$380.00K	USD	1 Quarter
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	1 Quarter
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	2 Qtrs
Loss on debt refinancing	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$1.30M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$2.20M	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
Net income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.18M	USD	2 Qtrs
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`	$720.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$693.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.58M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$207.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.46M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$4.72M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$1.37M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$2.73M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$513.00K	USD	1 Quarter
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$92.00K	USD	2 Qtrs
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$81.00K	USD	2 Qtrs
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$26.00K	USD	1 Quarter
Non-controlling interest expense	`NetIncomeLossAttributableToNoncontrollingInterest`	$48.00K	USD	1 Quarter
Net income applicable to common stockholders	`NetIncomeLoss`	$4.64M	USD	2 Qtrs
Net income applicable to common stockholders	`NetIncomeLoss`	$487.00K	USD	1 Quarter
Net income applicable to common stockholders	`NetIncomeLoss`	$2.63M	USD	2 Qtrs
Net income applicable to common stockholders	`NetIncomeLoss`	$1.33M	USD	1 Quarter
Basic net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.02	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`	$0.10	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`	$0.02	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	2 Qtrs
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.52M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.25M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.23M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.51M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.62M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.88M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.87M	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 $140, $192, $85, and $192)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$327.00K	USD	2 Qtrs
Change in net unrealized gains on interest rate swap (net of tax effect of $140, $192, $85, and $192)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$136.00K	USD	2 Qtrs
Change in net unrealized gains on interest rate swap (net of tax effect of $140, $192, $85, and $192)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$239.00K	USD	1 Quarter
Change in net unrealized gains on interest rate swap (net of tax effect of $140, $192, $85, and $192)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$327.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$136.00K	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$239.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$327.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$327.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.96M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$726.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.77M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.65M	USD	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$4.72M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$1.37M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$2.73M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$513.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.55M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.77M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.07M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$2.32M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.36M	USD	2 Qtrs
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	1 Quarter
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-1.23M	USD	2 Qtrs
Loss on early debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Change in investment in non-public company, fair value	`FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss`	-	USD	2 Qtrs
Change in investment in non-public company, fair value	`FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss`	$2.20M	USD	2 Qtrs
Net (gain) loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	$-57.00K	USD	2 Qtrs
Net (gain) loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	$45.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$9.27M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$3.60M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$5.55M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.44M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$904.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-666.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.62M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.99M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$236.00K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-497.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$802.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.27M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-358.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.36M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.33M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.53M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.74M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.43M	USD	2 Qtrs
Issuance of note receivable	`PaymentsForIssuanceOfNotesReceivable`	-	USD	2 Qtrs
Issuance of note receivable	`PaymentsForIssuanceOfNotesReceivable`	$2.10M	USD	2 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$14.00K	USD	2 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$73.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.72M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.46M	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$193.00K	USD	2 Qtrs
Taxes paid by Company for employee stock plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$256.00K	USD	2 Qtrs
Taxes paid by Company for employee stock plans	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$272.00K	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$50.00M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$2.54M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$54.70M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$1.50M	USD	2 Qtrs
Proceeds from lines of credit	`ProceedsFromLinesOfCredit`	$14.50M	USD	2 Qtrs
Payments on lines of credit	`RepaymentsOfLinesOfCredit`	$3.50M	USD	2 Qtrs
Payments on lines of credit	`RepaymentsOfLinesOfCredit`	$7.50M	USD	2 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$897.00K	USD	2 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments for early debt extinguishment penalties	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Payments for early debt extinguishment penalties	`PaymentsOfDebtExtinguishmentCosts`	$233.00K	USD	2 Qtrs
Payments to non-controlling interest	`PaymentsToMinorityShareholders`	$115.00K	USD	2 Qtrs
Payments to non-controlling interest	`PaymentsToMinorityShareholders`	$166.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherNoncurrentAssets`	$59.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.13M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.09M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.33M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.04M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.37M	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 beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.37M	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
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.41M	USD	Point-in-time

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$226.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$231.19M	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`	-	USD	2 Qtrs
Issuance of common stock for vested restricted stock units (RSUs)	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$1.00K	USD	2 Qtrs
Taxes paid by Company for employee stock plans	`AdjustmentsToAdditionalPaidInCapitalOther`	$-256.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.07M	USD	2 Qtrs
Payments to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.64M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$487.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.33M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$136.00K	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$239.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$327.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$327.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$226.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$231.19M	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`	$192.00K	USD	2 Qtrs
Change in net unrealized gains on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$85.00K	USD	2 Qtrs
Change in net unrealized gains on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$140.00K	USD	1 Quarter
Change in net unrealized gains on interest rate swap, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$192.00K	USD	1 Quarter

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