2017 Form 10-K Financial Statement

#000143774918003295 Filed on February 26, 2018

View on sec.gov

Income Statement

Concept 2017 2016 Q4 2016
Revenue $2.221M $620.0K $2.386M
YoY Change -6.93% 12.73% 7.69%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.549M $490.0K $1.676M
YoY Change -7.55% 22.5% 1.48%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.54K $0.00 $20.15K
YoY Change -42.76% -100.0% 17.54%
% of Gross Profit
Operating Expenses $1.761M $550.0K $1.926M
YoY Change -8.57% 25.0% -8.82%
Operating Profit $459.6K $459.7K
YoY Change -0.03% 346.3%
Interest Expense $0.00 $1.323K
YoY Change -53.58%
% of Operating Profit 0.29%
Other Income/Expense, Net
YoY Change
Pretax Income $459.7K $70.00K $458.9K
YoY Change 0.17% -30.0% 350.51%
Income Tax $5.500K $10.00K $9.500K
% Of Pretax Income 1.2% 14.29% 2.07%
Net Earnings $454.2K $60.00K $449.4K
YoY Change 1.06% -40.0% 307.21%
Net Earnings / Revenue 20.45% 9.68% 18.83%
Basic Earnings Per Share $0.06
Diluted Earnings Per Share $62.53K $8.264K $0.06
COMMON SHARES
Basic Shares Outstanding 7.264M
Diluted Shares Outstanding 7.264M

Balance Sheet

Concept 2017 2016 Q4 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $792.7K $910.0K $907.1K
YoY Change -12.62% 8.33% 8.33%
Cash & Equivalents $907.1K
Short-Term Investments
Other Short-Term Assets $779.2K $680.0K $679.9K
YoY Change 14.6% 36.0% 34.76%
Inventory $19.76K $20.00K $16.13K
Prepaid Expenses
Receivables $56.34K $50.84K $50.84K
Other Receivables $12.64K $10.00K $10.24K
Total Short-Term Assets $1.661M $1.664M $1.664M
YoY Change -0.22% 13.61% 13.61%
LONG-TERM ASSETS
Property, Plant & Equipment $5.520K $1.226K $1.230K
YoY Change 348.78% -64.73% -64.66%
Goodwill $1.494M
YoY Change 0.0%
Intangibles $455.2K
YoY Change 0.0%
Long-Term Investments
YoY Change
Other Assets $248.0K $250.0K $248.0K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $2.207M $2.207M $2.207M
YoY Change -0.02% -0.73% -0.73%
TOTAL ASSETS
Total Short-Term Assets $1.661M $1.664M $1.664M
Total Long-Term Assets $2.207M $2.207M $2.207M
Total Assets $3.868M $3.872M $3.872M
YoY Change -0.1% 4.97% 4.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $43.74K $43.38K $43.38K
YoY Change 0.83% 232.31% 232.16%
Accrued Expenses $243.4K $370.0K $365.2K
YoY Change -33.35% 19.35% 17.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $1.012M $1.107M $1.107M
YoY Change -8.58% 18.09% 18.09%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.012M $1.107M $1.107M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.012M $1.107M $1.107M
YoY Change -8.58% 18.09% 18.09%
SHAREHOLDERS EQUITY
Retained Earnings -$11.51M
YoY Change -0.12%
Common Stock $13.51M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $222.8K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $2.855M $2.764M $2.764M
YoY Change
Total Liabilities & Shareholders Equity $3.868M $3.872M $3.872M
YoY Change -0.1% 4.97% 4.97%

Cashflow Statement

Concept 2017 2016 Q4 2016
OPERATING ACTIVITIES
Net Income $454.2K $60.00K $449.4K
YoY Change 1.06% -40.0% 307.21%
Depreciation, Depletion And Amortization $11.54K $0.00 $20.15K
YoY Change -42.76% -100.0% 17.54%
Cash From Operating Activities $259.9K $190.0K $543.0K
YoY Change -52.14% -24.0% 3.21%
INVESTING ACTIVITIES
Capital Expenditures -$11.17K -$4.020K
YoY Change 177.86% 25.63%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$11.17K $0.00 -$4.023K
YoY Change 177.73% 25.6%
FINANCING ACTIVITIES
Cash Dividend Paid $363.2K $435.8K
YoY Change -16.67% 20.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -363.2K -110.0K -469.2K
YoY Change -22.6% 0.0% 18.77%
NET CHANGE
Cash From Operating Activities 259.9K 190.0K 543.0K
Cash From Investing Activities -11.17K 0.000 -4.023K
Cash From Financing Activities -363.2K -110.0K -469.2K
Net Change In Cash -114.5K 80.00K 69.73K
YoY Change -264.14% -42.86% -45.45%
FREE CASH FLOW
Cash From Operating Activities $259.9K $190.0K $543.0K
Capital Expenditures -$11.17K -$4.020K
Free Cash Flow $271.1K $547.0K
YoY Change -50.45% 3.34%

Facts In Submission

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CY2017 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">9</div> <div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">&#x2013; Contingencies</div></div></div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">We are subject to various legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business. While the outcome of such proceedings or claims cannot be predicted with certainty, management does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> believe that the outcome of any such proceedings or claims will have a material effect on our financial position. <div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">We know of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> pending or threatened proceeding or claim to which we are or will be a party.</div></div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div></div>
CY2017 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
24065
CY2016 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
40650
CY2017 us-gaap Nature Of Operations
NatureOfOperations
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div> - Nature of Operations</div></div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">BAB<div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">, Inc (&#x201c;the Company&#x201d;) has <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> wholly owned subsidiaries: BAB Systems, Inc. (&#x201c;Systems&#x201d;) and BAB Operations, Inc. (&#x201c;Operations&#x201d;) and BAB Investments, Inc. (&#x201c;Investments&#x201d;). Systems was incorporated on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 2, 1992, </div>and was primarily established to franchise Big Apple Bagels&reg; (&#x201c;BAB&#x201d;) specialty bagel retail stores. My Favorite Muffin (&#x201c;MFM&#x201d;) was acquired in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1997</div> and is included as a part of Systems. Brewster&#x2019;s (&#x201c;Brewster&#x2019;s&#x201d;) was established in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1996</div> and the coffee is sold in BAB and MFM locations. SweetDuet&reg; (&#x201c;SD&#x201d;) frozen yogurt can be added as an additional brand in a BAB or MFM location. Operations was formed in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1995,</div> primarily to operate Company-owned stores of which there are currently <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">none.</div> The assets of Jacobs Bros. Bagels (&#x201c;Jacobs Bros.&#x201d;) were acquired in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1999,</div> and any branded wholesale business uses this trademark. Investments was incorporated in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2009</div> to be used for the purpose of acquisitions. To date there have been <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> acquisitions.</div></div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Company was incorporated under the laws of the State of Delaware on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July 12, 2000.</div><div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">&nbsp; The Company currently franchises and licenses bagel and muffin retail units under the BAB, MFM and SD trade names. At <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> November 30, 2017, </div>the Company had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">82</div> franchise units and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div> licensed units in operation in </div><div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">23</div> states and the United Arab Emirates</div><div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">. There are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> units under development. The Company additionally derives income from the sale of its trademark bagels, muffins and coffee through nontraditional channels of distribution including under a licensing agreement with Green Beans Coffee. Also, included in licensing fees and other income is Operations Sign Shop results. For franchise consistency and convenience, the Sign Shop provides the majority of signage to franchisees, including but <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> limited to, posters, menu panels, build charts, outside window stickers and counter signs.</div></div></div>
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-363176
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-469223
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11173
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4023
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
259888
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
542980
CY2017 us-gaap Net Income Loss
NetIncomeLoss
454173
CY2016 us-gaap Net Income Loss
NetIncomeLoss
449400
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
454173
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
449400
CY2017Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
23
CY2017Q4 us-gaap Number Of Stores
NumberOfStores
87
CY2016Q4 us-gaap Number Of Stores
NumberOfStores
90
CY2017 us-gaap Occupancy Costs
OccupancyCosts
177592
CY2016 us-gaap Occupancy Costs
OccupancyCosts
174757
CY2017 us-gaap Operating Expenses
OperatingExpenses
1761327
CY2016 us-gaap Operating Expenses
OperatingExpenses
1926446
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
459566
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
459721
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
115197
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
174000
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
171000
CY2017 us-gaap Other General Expense
OtherGeneralExpense
200459
CY2016 us-gaap Other General Expense
OtherGeneralExpense
230463
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
363176
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
435810
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
4455
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
4023
CY2017 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
6718
CY2016 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
85770
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
81021
CY2017 us-gaap Professional Fees
ProfessionalFees
130323
CY2016 us-gaap Professional Fees
ProfessionalFees
143755
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5515
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1226
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-5881
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-7733
CY2017 us-gaap Repayments Of Debt
RepaymentsOfDebt
CY2016 us-gaap Repayments Of Debt
RepaymentsOfDebt
33413
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
693000
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
599000
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
693425
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
598887
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-11417148
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-11508145
CY2017 us-gaap Revenues
Revenues
2220893
CY2016 us-gaap Revenues
Revenues
2386167
CY2017 us-gaap Royalty Revenue
RoyaltyRevenue
1726976
CY2016 us-gaap Royalty Revenue
RoyaltyRevenue
1744640
CY2017 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
1017435
CY2016 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
1118356
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P5Y
CY2001Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1400000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
237500
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
237500
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.275
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.275
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2002Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1380040
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2855362
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2764365
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
2750775
CY2017 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
41271
CY2016 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
42188
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
222781
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
222781
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; text-decoration: underline;">Use of Estimates</div></div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</div></div></div></div></div></div></div></div>
CY2017Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2016Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7263508
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7263508

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