$LAKE
LAKELAND INDUSTRIES INC

2015 Q1 Form 10-K Financial Statement

#000114420415032060 Filed on May 18, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2015 2014 Q4
Revenue $25.31M $93.42M $23.54M
YoY Change 13.88% 2.23% 3.32%
Cost Of Revenue $15.77M $61.72M $15.32M
YoY Change -1.25% -7.26% -13.64%
Gross Profit $9.533M $31.70M $8.223M
YoY Change 52.55% 27.64% 63.09%
Gross Profit Margin 37.67% 33.93% 34.93%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $90.00K
YoY Change -26.83%
% of Gross Profit 0.28%
Depreciation & Amortization $280.0K $1.109M $270.0K
YoY Change -26.32% -30.99% -40.0%
% of Gross Profit 2.94% 3.5% 3.28%
Operating Expenses $6.510M $24.74M $6.940M
YoY Change -1.96% -1.81% 14.14%
Operating Profit $3.022M $6.961M $1.283M
YoY Change -872.89% -2038.95% -223.6%
Interest Expense -$170.0K $1.688M $511.0K
YoY Change -83.0% -22.8% -196.42%
% of Operating Profit -5.63% 24.25% 39.83%
Other Income/Expense, Net -$90.00K -$2.375M -$2.245M
YoY Change -400.0% -4809.31% -3841.67%
Pretax Income $2.760M $61.34K -$1.473M
YoY Change -302.94% -102.06% -2.45%
Income Tax -$9.170M -$8.337M $280.0K
% Of Pretax Income -332.25% -13591.16%
Net Earnings $11.29M $8.399M -$2.500M
YoY Change -800.5% -7128.39% 36.24%
Net Earnings / Revenue 44.59% 8.99% -10.62%
Basic Earnings Per Share $1.69 $1.35 -$0.29
Diluted Earnings Per Share $1.65 $1.33 -$0.29
COMMON SHARES
Basic Shares Outstanding 6.214M shares 5.952M shares
Diluted Shares Outstanding 6.326M shares 5.952M shares

Balance Sheet

Concept 2015 Q1 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.700M $6.700M $7.000M
YoY Change 45.65% 45.65% 40.0%
Cash & Equivalents $6.709M $6.700M $6.935M
Short-Term Investments
Other Short-Term Assets $2.361M $11.50M $2.544M
YoY Change 11.99% 57.53% 2.41%
Inventory $37.09M $37.10M $38.92M
Prepaid Expenses
Receivables $13.28M $13.30M $15.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $68.64M $68.60M $69.87M
YoY Change 4.82% 4.73% 2.4%
LONG-TERM ASSETS
Property, Plant & Equipment $10.14M $10.10M $11.77M
YoY Change -15.95% -16.53% -6.39%
Goodwill $871.0K $871.3K
YoY Change -0.03% 0.0%
Intangibles $171.0K $493.6K
YoY Change -88.85% -72.31%
Long-Term Investments
YoY Change
Other Assets $13.40M $13.40M $3.800M
YoY Change 2580.0% 2580.0% -33.33%
Total Long-Term Assets $24.57M $24.60M $16.89M
YoY Change 63.8% 64.0% -11.6%
TOTAL ASSETS
Total Short-Term Assets $68.64M $68.60M $69.87M
Total Long-Term Assets $24.57M $24.60M $16.89M
Total Assets $93.21M $93.20M $86.76M
YoY Change 15.81% 15.78% -0.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.763M $7.800M $9.484M
YoY Change -5.11% -4.88% 2.63%
Accrued Expenses $1.462M $2.600M $2.574M
YoY Change 1.5% 0.0% 2.57%
Deferred Revenue
YoY Change
Short-Term Debt $2.611M $8.300M $3.686M
YoY Change 2.05% -44.67% 36.5%
Long-Term Debt Due $100.0K $100.0K $100.0K
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $26.22M $26.20M $24.34M
YoY Change -2.28% -2.24% -14.87%
LONG-TERM LIABILITIES
Long-Term Debt $800.0K $800.0K $900.0K
YoY Change -69.23% -69.23% -65.38%
Other Long-Term Liabilities $64.91K $2.900M $77.29K
YoY Change -8.86% -55.38% -1.49%
Total Long-Term Liabilities $64.91K $3.700M $77.29K
YoY Change -8.86% -59.34% -1.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.22M $26.20M $24.34M
Total Long-Term Liabilities $64.91K $3.700M $77.29K
Total Liabilities $29.95M $30.00M $31.81M
YoY Change -16.81% -16.67% -17.51%
SHAREHOLDERS EQUITY
Retained Earnings $4.654M -$3.478M
YoY Change -224.28%
Common Stock $64.67M $64.64M
YoY Change 21.05%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.352M $3.352M
YoY Change -0.01%
Treasury Stock Shares 356.4K shares 356.4K shares
Shareholders Equity $63.26M $63.30M $54.96M
YoY Change
Total Liabilities & Shareholders Equity $93.21M $93.20M $86.76M
YoY Change 15.81% 15.78% -0.66%

Cashflow Statement

Concept 2015 Q1 2015 2014 Q4
OPERATING ACTIVITIES
Net Income $11.29M $8.399M -$2.500M
YoY Change -800.5% -7128.39% 36.24%
Depreciation, Depletion And Amortization $280.0K $1.109M $270.0K
YoY Change -26.32% -30.99% -40.0%
Cash From Operating Activities -$130.0K $3.329M $3.650M
YoY Change -84.52% -185.77% -207.35%
INVESTING ACTIVITIES
Capital Expenditures -$540.0K $938.0K -$160.0K
YoY Change 260.0% 13.16% 45.45%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Cash From Investing Activities -$540.0K -$904.7K -$160.0K
YoY Change 68.75% 765.81% -23.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 500.0K -$116.1K -2.710M
YoY Change -31.51% -106.24% -197.83%
NET CHANGE
Cash From Operating Activities -130.0K $3.329M 3.650M
Cash From Investing Activities -540.0K -$904.7K -160.0K
Cash From Financing Activities 500.0K -$116.1K -2.710M
Net Change In Cash -170.0K $2.308M 780.0K
YoY Change -60.47% -208.6% -192.86%
FREE CASH FLOW
Cash From Operating Activities -$130.0K $3.329M $3.650M
Capital Expenditures -$540.0K $938.0K -$160.0K
Free Cash Flow $410.0K $2.391M $3.810M
YoY Change -159.42% -150.76% -215.81%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
4957402 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.02
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
91384695 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
99733744 USD
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
66551354 USD
CY2015 us-gaap Cost Of Goods Sold
CostOfGoodsSold
66021795 USD
CY2014 us-gaap Gross Profit
GrossProfit
24833341 USD
CY2015 us-gaap Gross Profit
GrossProfit
33711949 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
25192350 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
28754547 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-359009 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-475865 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-124967 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
50432 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2418890 USD
CY2014 us-gaap Interest Expense
InterestExpense
2186450 USD
CY2015 us-gaap Interest Expense
InterestExpense
2352201 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2970892 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
61344 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2851391 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8337360 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-119501 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
8398704 USD
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5689230 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6214303 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5689230 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6325525 shares
CY2015Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2162664 USD
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.33
CY2014Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
22202707 USD
CY2015Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
22521552 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-690256 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-864955 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-809757 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7533749 USD
CY2014Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
16348861 USD
CY2015Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
15624059 USD
CY2014Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1292741 USD
CY2015Q1 us-gaap Inventory Net
InventoryNet
40308275 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-119501 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
8398704 USD
CY2014 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
5689230 shares
CY2015 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
6214303 shares
CY2014 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2015 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
111222 shares
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.35
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.02
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17000 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
17000 shares
CY2015Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
0 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.47
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.11
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.11
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y11M12D
CY2015Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
54580 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y9M29D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y9M29D
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
54580 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
276406 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
23234 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
32234 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
-3000 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
264406 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
6.04
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.64
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
5.95
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
6.44
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
6.27
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
197744 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
1202986 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
71188 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
433075 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4555097 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6761977 USD
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
13795301 USD
CY2015Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
14165779 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
4707278 USD
CY2015Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1143893 USD
CY2014Q1 us-gaap Prepaid Taxes
PrepaidTaxes
470843 USD
CY2015Q1 us-gaap Prepaid Taxes
PrepaidTaxes
1775090 USD
CY2014Q1 us-gaap Other Assets Current
OtherAssetsCurrent
2108177 USD
CY2015Q1 us-gaap Other Assets Current
OtherAssetsCurrent
2663013 USD
CY2014Q1 us-gaap Assets Current
AssetsCurrent
65481005 USD
CY2015Q1 us-gaap Assets Current
AssetsCurrent
66818027 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12069107 USD
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11688038 USD
CY2014Q1 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
124025 USD
CY2015Q1 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
173278 USD
CY2014Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
404198 USD
CY2015Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
113089 USD
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1533349 USD
CY2015Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
443376 USD
CY2014Q1 us-gaap Goodwill
Goodwill
871297 USD
CY2015Q1 us-gaap Goodwill
Goodwill
871297 USD
CY2014Q1 us-gaap Assets
Assets
80482981 USD
CY2015Q1 us-gaap Assets
Assets
93207703 USD
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
8181026 USD
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
8414757 USD
CY2014Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1189324 USD
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2859631 USD
CY2014Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1440416 USD
CY2015Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2559135 USD
CY2014Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
50000 USD
CY2015Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
50000 USD
CY2014Q1 us-gaap Litigation Reserve Current
LitigationReserveCurrent
1000000 USD
CY2015Q1 us-gaap Litigation Reserve Current
LitigationReserveCurrent
1000000 USD
CY2014Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
2558545 USD
CY2015Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
3298823 USD
CY2014Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
12415424 USD
CY2015Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
5641965 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
26834735 USD
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
23824311 USD
CY2015 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1 pure
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2014Q1 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
3758691 USD
CY2015Q1 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
2870154 USD
CY2014Q1 us-gaap Long Term Loans Payable
LongTermLoansPayable
1110634 USD
CY2015Q1 us-gaap Long Term Loans Payable
LongTermLoansPayable
799637 USD
CY2014Q1 us-gaap Subordinated Long Term Debt
SubordinatedLongTermDebt
1525392 USD
CY2015Q1 us-gaap Subordinated Long Term Debt
SubordinatedLongTermDebt
0 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
71223 USD
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
64910 USD
CY2014Q1 lake Accrued Value Added Taxes Noncurrent
AccruedValueAddedTaxesNoncurrent
2705532 USD
CY2015Q1 lake Accrued Value Added Taxes Noncurrent
AccruedValueAddedTaxesNoncurrent
2392777 USD
CY2014Q1 us-gaap Liabilities
Liabilities
36006207 USD
CY2015Q1 us-gaap Liabilities
Liabilities
29951789 USD
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
57132 USD
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
74140 USD
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3352291 USD
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3352291 USD
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
53365286 USD
CY2015Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
64593669 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3744673 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4654031 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1848680 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2713635 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
44476774 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
63255914 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
80482981 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
93207703 USD
CY2014 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1 pure
CY2014 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
197744 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
9000 USD
CY2014 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
31683 USD
CY2015 us-gaap Inventory Write Down
InventoryWriteDown
-848556 USD
CY2014 us-gaap Inventory Write Down
InventoryWriteDown
2632000 USD
CY2015 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-63596 USD
CY2014 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
246813 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9333103 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7253713 USD
CY2015 lake Deferred Taxes Long Term
DeferredTaxesLongTerm
-312755 USD
CY2014 lake Deferred Taxes Long Term
DeferredTaxesLongTerm
-623288 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1334621 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1606993 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-42577 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
884683 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
528873 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
500637 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4595924 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1304247 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1093991 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
428670 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1348313 USD
CY2015 lake Proceeds From Discontinued Operations
ProceedsFromDiscontinuedOperations
0 USD
CY2014 lake Proceeds From Discontinued Operations
ProceedsFromDiscontinuedOperations
428827 USD
CY2014 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1729232 USD
CY2015 lake Repayments In Brazil Loan
RepaymentsInBrazilLoan
997275 USD
CY2014 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
776961 USD
CY2015 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
2124530 USD
CY2015 lake Increase Decrease In Assets Of Discontinued Operations
IncreaseDecreaseInAssetsOfDiscontinuedOperations
0 USD
CY2014 lake Increase Decrease In Assets Of Discontinued Operations
IncreaseDecreaseInAssetsOfDiscontinuedOperations
-364434 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
340417 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2394208 USD
CY2015 lake Increase Decrease In Arbitration Award
IncreaseDecreaseInArbitrationAward
-1000000 USD
CY2014 lake Increase Decrease In Arbitration Award
IncreaseDecreaseInArbitrationAward
-952000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1670307 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
213566 USD
CY2015 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
1681928 USD
CY2014 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-570714 USD
CY2015 lake Increase Decrease In Interest Expense From Arbitration Award
IncreaseDecreaseInInterestExpenseFromArbitrationAward
129643 USD
CY2014 lake Increase Decrease In Interest Expense From Arbitration Award
IncreaseDecreaseInInterestExpenseFromArbitrationAward
0 USD
CY2015 lake Increase In Liabilities Of Discontinued Operations
IncreaseInLiabilitiesOfDiscontinuedOperations
0 USD
CY2014 lake Increase In Liabilities Of Discontinued Operations
IncreaseInLiabilitiesOfDiscontinuedOperations
-25041 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3328912 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3881373 USD
CY2015 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
0 USD
CY2014 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
724402 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
904703 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
828894 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-904703 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-104492 USD
CY2015 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
2295432 USD
CY2014 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
0 USD
CY2015 lake Payment In Kind Interest
PaymentInKindInterest
-926724 USD
CY2014 lake Payment In Kind Interest
PaymentInKindInterest
-260792 USD
CY2015 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-6773459 USD
CY2014 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
12415424 USD
CY2015 lake Repayments Of Canada Loan
RepaymentsOfCanadaLoan
25387 USD
CY2014 lake Repayments Of Canada Loan
RepaymentsOfCanadaLoan
1398566 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
12550 USD
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9000 USD
CY2015 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
626981 USD
CY2014 lake Repayments In Brazil Loan
RepaymentsInBrazilLoan
1870670 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6313 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-15688 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
101136 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
31683 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-116059 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1860573 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-101270 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-56573 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2206880 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2181865 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6736962 USD
CY2015 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
-184740 USD
CY2014 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
811669 USD
CY2015 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
0 USD
CY2014 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
15108882 USD
CY2015 us-gaap Repayments Of Debt
RepaymentsOfDebt
811669 USD
CY2014Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
356441 shares
CY2014 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2015 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
0 USD
CY2014 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
1061776 USD
CY2015 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
3594371 USD
CY2014 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
0 USD
CY2014 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
3500000 USD
CY2015 lake Repayment Of Subordinated Debt Principal Payments
RepaymentOfSubordinatedDebtPrincipalPayments
500000 USD
CY2014 lake Repayment Of Subordinated Debt Principal Payments
RepaymentOfSubordinatedDebtPrincipalPayments
0 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2000 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.10
CY2015 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
900000 USD
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
830000 USD
CY2015 dei Document Type
DocumentType
10-K
CY2015 dei Amendment Flag
AmendmentFlag
false
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-01-31
CY2015 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015 dei Entity Registrant Name
EntityRegistrantName
LAKELAND INDUSTRIES INC
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0000798081
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-31
CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q3 dei Entity Public Float
EntityPublicFloat
29275882 USD
CY2015 dei Trading Symbol
TradingSymbol
LAKE
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7071779 shares
CY2015 lake Selling And Shipping Expense
SellingAndShippingExpense
13459880 USD
CY2014 lake Selling And Shipping Expense
SellingAndShippingExpense
11797803 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15294667 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13394547 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
2295432 USD
CY2015Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
26524000 USD
CY2014Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
25093000 USD
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
24610000 USD
CY2014Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
23507000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
9942000 USD
CY2014Q4 us-gaap Gross Profit
GrossProfit
8608000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
8062000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
7099000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
2210000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
698000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1467000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
582000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
11285000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-2500000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-386000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
0 USD
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.58
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2015Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
13100598 USD
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
525200 USD
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
588800 USD
CY2015Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in"> <strong>Concentration of Credit Risk</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.2in; size: 8.5in 11.0in" align="justify">Financial instruments, which potentially subject the Company to concentration of credit risk, consist principally of trade receivables. Concentration of credit risk with respect to these receivables is generally diversified due to the large number of entities comprising the Company&#8217;s customer base and their dispersion across geographic areas principally within the United States. The Company routinely addresses the financial strength of its customers and, as a consequence, believes that its receivable credit risk exposure is limited. The Company does not require customers to post collateral.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.2in; size: 8.5in 11.0in" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.2in; size: 8.5in 11.0in" align="justify">Our foreign financial depositories are Bank of America; China Construction Bank; Bank of China; China Industrial and Commercial Bank; HSBC; Rural Credit Cooperative of Shandong; Postal Savings Bank of China; Punjab National Bank; HSBC in India, Argentina and UK; Raymond James in Argentina; TD Canada Trust; Banco do Brasil, S.A.; Banco Ita&#250; S.A., and Mercantil do Brasil, S.A. in Brazil; Banco Credito Inversione in Chile; Banco Mercantil Del Norte SA in Mexico; ZAO KB Citibank Moscow in Russia, and JSC Bank Centercredit in Kazakhstan. We monitor our financial depositories by their credit rating which varies by country.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
22222000 USD
CY2013Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
22787000 USD
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
24639000 USD
CY2013Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
21737000 USD
CY2015Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1500000 shares
CY2014Q1 us-gaap Gross Profit
GrossProfit
6249000 USD
CY2013Q4 us-gaap Gross Profit
GrossProfit
5042000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
7462000 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
6080000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-389000 USD
CY2013Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1030000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1297000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-237000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-1611000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
-1835000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
4171000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-844000 USD
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1500000 shares
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2015Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.27
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
2235406 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
12550 USD
CY2015 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
101136 USD
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7414037 shares
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5713180 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7057596 shares
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5356739 shares
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
356441 shares
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
32200 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1170786 USD
CY2015 lake Stockissuedduringperiodvaluewarrantsexercised
Stockissuedduringperiodvaluewarrantsexercised
5660 USD
CY2015 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
10150431 USD
CY2015 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
10139331 USD
CY2014 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
CY2015 us-gaap Interest Paid
InterestPaid
2019000 USD
CY2014 us-gaap Interest Paid
InterestPaid
1581366 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
1246672 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
1331279 USD
CY2015 lake Foreign Currency Transaction Gain Loss Before Tax Price Per Share
ForeignCurrencyTransactionGainLossBeforeTaxPricePerShare
0.02
CY2014 lake Foreign Currency Transaction Gain Loss Before Tax Price Per Share
ForeignCurrencyTransactionGainLossBeforeTaxPricePerShare
0.08
CY2015 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
131483 USD
CY2015 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1977041 USD
CY2014 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
260792 USD
CY2015Q1 us-gaap Long Term Debt
LongTermDebt
9790425 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
8990788 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
24119 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25721 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
27430 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
29253 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
693114 USD
CY2015Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21639639 USD
CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23692471 USD
CY2015Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9983865 USD
CY2014Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11735960 USD
CY2015Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
32264 USD
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.2in" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in"> <strong>Use of Estimates</strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.2in; size: 8.5in 11.0in" align="justify">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at year-end and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. It is reasonably possible that events could occur during the upcoming year that could change such estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
112596 USD
CY2015 lake Entity Wide Revenue Major Customer Description
EntityWideRevenueMajorCustomerDescription
No customer accounted for more than 10% of net sales
CY2014 lake Entity Wide Revenue Major Customer Description
EntityWideRevenueMajorCustomerDescription
No customer accounted for more than 10% of net sales
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
2700000 USD
CY2014 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
2400000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
90000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
123000 USD
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
371183 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
341181 shares
CY2015 us-gaap Weighted Average Number Of Shares Treasury Stock
WeightedAverageNumberOfSharesTreasuryStock
356441 shares
CY2014 us-gaap Weighted Average Number Of Shares Treasury Stock
WeightedAverageNumberOfSharesTreasuryStock
356441 shares
CY2015 us-gaap Advertising Expense
AdvertisingExpense
455000 USD
CY2014 us-gaap Advertising Expense
AdvertisingExpense
322000 USD
CY2015Q1 lake Foreign Denominated Cash And Cash Equivalents
ForeignDenominatedCashAndCashEquivalents
6800000 USD
CY2014Q1 lake Foreign Denominated Cash And Cash Equivalents
ForeignDenominatedCashAndCashEquivalents
4600000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
200000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
200000 USD
CY2014 lake Warrants Issued To Purchase Common Stock Shares
WarrantsIssuedToPurchaseCommonStockShares
566015 shares
CY2015 us-gaap Depreciation
Depreciation
978684 USD
CY2014 us-gaap Depreciation
Depreciation
1197696 USD
CY2015Q1 lake Estimated Cost To Complete Constructioninprogress
EstimatedCostToCompleteConstructioninprogress
32000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
781502 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
813448 USD
CY2015 lake Lease And Rental Expense Related Party
LeaseAndRentalExpenseRelatedParty
0 USD
CY2014 lake Lease And Rental Expense Related Party
LeaseAndRentalExpenseRelatedParty
0 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
347808 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
315251 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
293539 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
66250 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
269750 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
269750 USD
CY2015Q1 lake Annual Base Remuneration Payments Due Current
AnnualBaseRemunerationPaymentsDueCurrent
1094375 USD
CY2015Q1 lake Annual Base Remuneration Payments Due In Two Years
AnnualBaseRemunerationPaymentsDueInTwoYears
1110000 USD
CY2015Q1 lake Annual Base Remuneration Payments Due In Three Years
AnnualBaseRemunerationPaymentsDueInThreeYears
967083 USD
CY2014 lake Employment Contract Percentage Of Reduction In Pay
EmploymentContractPercentageOfReductionInPay
0.08 pure
CY2014 lake Employment Contract Percentage Of Reduction In Pay To Be Paid In Restricted Shares
EmploymentContractPercentageOfReductionInPayToBePaidInRestrictedShares
0.3 pure
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-222315 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
512202 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
129893 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
39810 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1246378 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1303875 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-12437201 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-162847 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2945885 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-4544431 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3400 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3400 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-5.9285 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.0088 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.8497 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
7.5869 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
-0.1733 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.6942 pure
CY2015 lake Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
-0.3802 pure
CY2014 lake Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
-0.1244 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.0267 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
48.0237 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
1.5938 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-4.1160 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0 pure
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-135.9155 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.9598 pure
CY2015Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1153094 USD
CY2014Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1545663 USD
CY2015Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
11931395 USD
CY2014Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
233798 USD
CY2015Q1 lake Deferred Tax Assets Tax Deferred Expense Accounts Receivable And Accrued Rebates
DeferredTaxAssetsTaxDeferredExpenseAccountsReceivableAndAccruedRebates
80748 USD
CY2014Q1 lake Deferred Tax Assets Tax Deferred Expense Accounts Receivable And Accrued Rebates
DeferredTaxAssetsTaxDeferredExpenseAccountsReceivableAndAccruedRebates
125159 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
137860 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
183434 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
164190 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
613200 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
573966 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
215872 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
2170109 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
1243519 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
980872 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
145528 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
146657 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
299756 USD
CY2015Q1 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
0 USD
CY2014Q1 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
101349 USD
CY2015Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17190375 USD
CY2014Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
4707278 USD
CY2015Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2945884 USD
CY2014Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2015Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
14244491 USD
CY2014Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
4707278 USD
CY2015 lake Income Tax Examination Tax Expense
IncomeTaxExaminationTaxExpense
100000 USD
CY2015 lake Income Tax Examination Tax Expense
IncomeTaxExaminationTaxExpense
280416 BRL
CY2015Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
21600000 USD
CY2014Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
18000000 USD
CY2015Q1 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
3200000 USD
CY2014Q1 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
3200000 USD
CY2015Q1 lake Value Added Tax Claims Principal
ValueAddedTaxClaimsPrincipal
7491261 BRL
CY2015Q1 lake Value Added Tax Claims Interest And Penalty
ValueAddedTaxClaimsInterestAndPenalty
11054740 BRL
CY2015Q1 lake Value Added Tax Claims Total Amount
ValueAddedTaxClaimsTotalAmount
18546000 BRL
CY2015Q1 lake Value Added Tax Claims Total Amount
ValueAddedTaxClaimsTotalAmount
6966157 USD
CY2015Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
2300000 USD
CY2015Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
6200000 BRL
CY2015 lake Value Added Tax Examination Claims Incurred In Period
ValueAddedTaxExaminationClaimsIncurredInPeriod
4800000 BRL
CY2015 lake Value Added Tax Examination Penalties And Interest Expense
ValueAddedTaxExaminationPenaltiesAndInterestExpense
5600000 BRL
CY2015 lake Value Added Tax Examination Income Tax Total
ValueAddedTaxExaminationIncomeTaxTotal
10400000 BRL
CY2015 lake Value Added Tax Examination Claims Incurred In Period
ValueAddedTaxExaminationClaimsIncurredInPeriod
3000000 USD
CY2015 lake Value Added Tax Examination Penalties And Interest Expense
ValueAddedTaxExaminationPenaltiesAndInterestExpense
3500000 USD
CY2015 lake Value Added Tax Examination Income Tax Total
ValueAddedTaxExaminationIncomeTaxTotal
6500000 USD
CY2010Q2 lake Value Added Tax Claim Paid Amount
ValueAddedTaxClaimPaidAmount
3500000 BRL
CY2010Q2 lake Value Added Tax Claim Paid Amount
ValueAddedTaxClaimPaidAmount
1900000 USD
CY2010Q2 lake Value Added Tax Credit Carryforward Amount
ValueAddedTaxCreditCarryforwardAmount
2100000 BRL
CY2010Q2 lake Value Added Tax Credit Carryforward Amount
ValueAddedTaxCreditCarryforwardAmount
1100000 USD
CY2010Q4 lake Value Added Tax Judicial Deposit
ValueAddedTaxJudicialDeposit
6200000 BRL
CY2010Q4 lake Value Added Tax Judicial Deposit
ValueAddedTaxJudicialDeposit
2300000 USD
CY2010Q4 lake Value Added Tax Available For Credit
ValueAddedTaxAvailableForCredit
3400000 BRL
CY2010Q4 lake Value Added Tax Available For Credit
ValueAddedTaxAvailableForCredit
1300000 USD
CY2015Q1 lake Value Added Tax Judicial Tax Claim Percentage
ValueAddedTaxJudicialTaxClaimPercentage
0.2 pure
CY2015Q1 lake Value Added Tax Judicial Tax Claim Amount
ValueAddedTaxJudicialTaxClaimAmount
5800000 USD
CY2015Q1 lake Value Added Tax Judicial Tax Claim Amount
ValueAddedTaxJudicialTaxClaimAmount
15400000 BRL
CY2015 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
8000000 USD
CY2015Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
1000000 USD
CY2015Q1 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
1500000 USD
CY2015Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
627039 USD
CY2015 us-gaap Loss Contingency Actions Taken By Defendant
LossContingencyActionsTakenByDefendant
it is anticipated the Company would contribute funding of slightly less than US $1,600,000 to the buyer, subject to possible repayment from the buyer and possible recoupment through a land sale.
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5000 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.44
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
-191.3581 pure
CY2015 lake Effective Income Tax Rate Reconciliation Original Issue Discount
EffectiveIncomeTaxRateReconciliationOriginalIssueDiscount
10.7732 pure
CY2015 lake Effective Income Tax Rate Reconciliation Argentina Flowthrough Loss
EffectiveIncomeTaxRateReconciliationArgentinaFlowthroughLoss
-1.7062 pure
CY2015Q1 lake Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Amortization
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAmortization
-148516 USD
CY2014Q1 lake Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Amortization
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAmortization
0 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
0 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
-9500000 USD
CY2015Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2015 lake Value Added Tax Favourable Adjustment
ValueAddedTaxFavourableAdjustment
700000 USD
CY2015 lake Effective Income Tax Rate Reconciliation Deduction Goodwill And Amortization
EffectiveIncomeTaxRateReconciliationDeductionGoodwillAndAmortization
900000 USD
CY2015 lake Effective Income Tax Rate Reconciliation Deduction Goodwill And Amortization
EffectiveIncomeTaxRateReconciliationDeductionGoodwillAndAmortization
2774843 BRL
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
422321 USD
CY2015 us-gaap Loss Contingency Opinion Of Counsel
LossContingencyOpinionOfCounsel
our attorney informs us that R$1.0 (US $0.4) million will be successfully defended based on a lapse of statute of limitations and R$0.3 (US $0.1) million based on state auditor misunderstanding.
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in; size: 8.5in 11.0in" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">Reclassifications</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.2in"> <font style="FONT-SIZE: 10pt">Certain reclassifications of prior period data have been made to conform to current period classification.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4500000 USD
CY2014Q4 lake Proceeds From Issuance Of Private Placement Gross
ProceedsFromIssuanceOfPrivatePlacementGross
11100000 USD
CY2014Q4 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.12 pure
CY2014Q4 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
3600000 USD
CY2014Q4 lake Private Placement Fee
PrivatePlacementFee
777000 USD
CY2014Q4 lake Percentage Of Private Placement Fee
PercentageOfPrivatePlacementFee
0.07 pure
CY2014Q4 lake Warrants To Purchase Common Stock
WarrantsToPurchaseCommonStock
55500 shares
CY2014Q4 lake Warrants Exercise Price
WarrantsExercisePrice
11.00
CY2014Q4 us-gaap Professional Fees
ProfessionalFees
132000 USD
CY2014Q4 us-gaap Share Price
SharePrice
14.10
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
3.10
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
42894063 USD
CY2015Q1 lake Annual Base Remuneration Payments Due In Four Years
AnnualBaseRemunerationPaymentsDueInFourYears
83333 USD
CY2015Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2273000 USD
CY2014Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3572000 USD
CY2014 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
568052 USD

Files In Submission

Name View Source Status
0001144204-15-032060-index-headers.html Edgar Link pending
0001144204-15-032060-index.html Edgar Link pending
0001144204-15-032060.txt Edgar Link pending
0001144204-15-032060-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lake-20150131.xml Edgar Link completed
lake-20150131.xsd Edgar Link pending
lake-20150131_cal.xml Edgar Link unprocessable
lake-20150131_def.xml Edgar Link unprocessable
lake-20150131_lab.xml Edgar Link unprocessable
lake-20150131_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
v410283_10k.htm Edgar Link pending
v410283_ex23-1.htm Edgar Link pending
v410283_ex23-2.htm Edgar Link pending
v410283_ex23-3.htm Edgar Link pending
v410283_ex23-4.htm Edgar Link pending
v410283_ex23-5.htm Edgar Link pending
v410283_ex23-6.htm Edgar Link pending
v410283_ex23-7.htm Edgar Link pending
v410283_ex31-1.htm Edgar Link pending
v410283_ex31-2.htm Edgar Link pending
v410283_ex32-1.htm Edgar Link pending
v410283_ex32-2.htm Edgar Link pending