2023 Q3 Form 10-K Financial Statement

#000005751523000017 Filed on August 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $461.6M $454.7M $1.823B
YoY Change 8.47% 0.5% 8.72%
Cost Of Revenue $352.9M $361.5M $1.434B
YoY Change 8.08% 2.12% 8.58%
Gross Profit $108.7M $93.17M $388.6M
YoY Change 9.76% -5.33% 9.23%
Gross Profit Margin 23.55% 20.49% 21.32%
Selling, General & Admin $51.95M $56.10M $222.1M
YoY Change 4.4% 5.25% 4.71%
% of Gross Profit 47.78% 60.21% 57.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.59M $14.55M $51.21M
YoY Change 21.32% 26.89% 11.62%
% of Gross Profit 12.5% 15.61% 13.18%
Operating Expenses $51.95M $56.73M $222.1M
YoY Change 4.4% 4.71% 4.71%
Operating Profit $56.78M $36.44M $141.5M
YoY Change 15.17% -17.62% 26.45%
Interest Expense -$97.00K
YoY Change -36.6%
% of Operating Profit -0.07%
Other Income/Expense, Net $857.0K $974.0K $1.789M
YoY Change -417.41% 329.07% 275.05%
Pretax Income $57.63M $12.45M $143.3M
YoY Change 17.55% -63.32% 27.5%
Income Tax $13.68M $3.283M $32.01M
% Of Pretax Income 23.74% 26.37% 22.34%
Net Earnings $43.95M $9.155M $111.3M
YoY Change 16.92% -68.48% 24.22%
Net Earnings / Revenue 9.52% 2.01% 6.11%
Basic Earnings Per Share $1.60 $4.04
Diluted Earnings Per Share $1.59 $0.33 $4.04
COMMON SHARES
Basic Shares Outstanding 27.53M shares 27.52M shares 27.46M shares
Diluted Shares Outstanding 27.47M shares 27.48M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $73.70M $88.47M $88.47M
YoY Change 14.76% 46.76% 46.76%
Cash & Equivalents $73.75M $88.47M $88.47M
Short-Term Investments
Other Short-Term Assets $14.63M $12.76M $12.76M
YoY Change 28.29% 12.9% 12.9%
Inventory $177.8M $158.3M $158.3M
Prepaid Expenses
Receivables $120.1M $115.0M $115.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $386.3M $374.5M $374.5M
YoY Change 2.24% 6.45% 6.45%
LONG-TERM ASSETS
Property, Plant & Equipment $489.1M $482.2M $506.9M
YoY Change 4.49% 6.83% 5.71%
Goodwill $208.4M $208.4M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $18.80M $18.37M $18.37M
YoY Change 4.7% 0.09% 0.09%
Total Long-Term Assets $744.0M $738.5M $738.5M
YoY Change -1.25% -0.01% -0.01%
TOTAL ASSETS
Total Short-Term Assets $386.3M $374.5M $374.5M
Total Long-Term Assets $744.0M $738.5M $738.5M
Total Assets $1.130B $1.113B $1.113B
YoY Change -0.08% 2.07% 2.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $120.3M $111.8M $111.8M
YoY Change -11.1% -2.8% -2.8%
Accrued Expenses $46.87M $56.99M $47.54M
YoY Change -15.62% 12.61% 31.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.944M
YoY Change -23.52%
Total Short-Term Liabilities $167.2M $168.8M $168.8M
YoY Change -12.42% 1.91% 1.91%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $2.255M
YoY Change -47.8%
Other Long-Term Liabilities $16.31M $17.68M $32.40M
YoY Change -17.53% -14.65% -12.19%
Total Long-Term Liabilities $16.31M $17.68M $34.65M
YoY Change -17.53% -14.65% -15.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $167.2M $168.8M $168.8M
Total Long-Term Liabilities $16.31M $17.68M $34.65M
Total Liabilities $183.5M $186.4M $250.7M
YoY Change -12.9% 0.07% 2.05%
SHAREHOLDERS EQUITY
Retained Earnings $1.524B $1.504B
YoY Change 1.59% 1.27%
Common Stock $146.4M $143.9M
YoY Change 4.85% 4.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $782.9M $776.2M
YoY Change 2.06% 1.2%
Treasury Stock Shares
Shareholders Equity $878.8M $862.3M $862.3M
YoY Change
Total Liabilities & Shareholders Equity $1.130B $1.113B $1.113B
YoY Change -0.08% 2.07% 2.07%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income $43.95M $9.155M $111.3M
YoY Change 16.92% -68.48% 24.22%
Depreciation, Depletion And Amortization $13.59M $14.55M $51.21M
YoY Change 21.32% 26.89% 11.62%
Cash From Operating Activities $35.62M $41.75M $225.9M
YoY Change -29.98% -3.27% 121.88%
INVESTING ACTIVITIES
Capital Expenditures $18.33M $11.33M $90.18M
YoY Change -25.44% -141.85% -31.67%
Acquisitions
YoY Change
Other Investing Activities $1.412M -$527.0K $1.813M
YoY Change 2467.27% 479.12% 185.06%
Cash From Investing Activities -$19.74M -$11.86M -$90.78M
YoY Change -15.92% -56.35% -31.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.201M
YoY Change 21.66%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$30.60M -24.28M -$106.9M
YoY Change 30.5% 6.53% 9.85%
NET CHANGE
Cash From Operating Activities $35.62M 41.75M $225.9M
Cash From Investing Activities -$19.74M -11.86M -$90.78M
Cash From Financing Activities -$30.60M -24.28M -$106.9M
Net Change In Cash -$14.73M 5.612M $28.19M
YoY Change -474.16% -182.51% -122.06%
FREE CASH FLOW
Cash From Operating Activities $35.62M $41.75M $225.9M
Capital Expenditures $18.33M $11.33M $90.18M
Free Cash Flow $17.28M $30.42M $135.7M
YoY Change -34.23% -56.7% -550.01%

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<div style="margin-top:7pt;text-indent:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires that we make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Estimates included in these consolidated financial statements include allowances for customer deductions, net realizable value of inventories, useful lives for the calculation of depreciation and amortization, distribution accruals, pension and postretirement assumptions and self-insurance accruals. Actual results could differ from these estimates.</span></div>
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<div style="margin-top:7pt;text-indent:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Credit Risk</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and equivalents and trade accounts receivable. By policy, we limit the amount of credit exposure to any one institution or issuer. We maintain our cash and equivalents with high credit-quality financial institutions. Deposits with these financial institutions may exceed the amounts insured by the Federal Deposit Insurance Corporation. The majority of our excess cash is invested in AAA-rated money market funds that primarily invest in U.S. government securities. Our concentration of credit risk with respect to trade accounts receivable is mitigated by our credit evaluation process and our broad Retail and Foodservice customer base. However, see Note 9 with respect to our accounts receivable with Walmart Inc. and McLane Company, Inc., a wholesale distribution subsidiary of Berkshire Hathaway, Inc.</span></div>
CY2022 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
1600000 usd
CY2021 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
3500000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
4199000 usd
CY2023Q2 lanc Land Buildings And Improvements
LandBuildingsAndImprovements
297611000 usd
CY2022Q2 lanc Land Buildings And Improvements
LandBuildingsAndImprovements
223535000 usd
CY2023Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
513458000 usd
CY2022Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
423135000 usd
CY2023Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
42640000 usd
CY2022Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
138959000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
853709000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
785629000 usd
CY2023 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
8714000 usd
CY2022 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
19644000 usd
CY2023 us-gaap Depreciation
Depreciation
46405000 usd
CY2022 us-gaap Depreciation
Depreciation
39799000 usd
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
7600000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.026
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3050000 shares
CY2010Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2000000 shares
CY2023Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
1176739 shares
CY2023 lanc Advertising Expense As Percentage Of Net Sales
AdvertisingExpenseAsPercentageOfNetSales
0.01
CY2022 lanc Advertising Expense As Percentage Of Net Sales
AdvertisingExpenseAsPercentageOfNetSales
0.01
CY2021 lanc Advertising Expense As Percentage Of Net Sales
AdvertisingExpenseAsPercentageOfNetSales
0.02
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.017
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.018
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
111029000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27462000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27448000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27482000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27472000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27518000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.04
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.26
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.17
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.04
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.25
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.16
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
11172000 usd
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
8253000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-2357000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
3809000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-550000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
890000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1807000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2919000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
9365000 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
11172000 usd
CY2023Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
150000000 usd
CY2022Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
150000000 usd
CY2023Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
225000000 usd
CY2022Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
225000000 usd
CY2023 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2025-03-19
CY2023 lanc Minimum Interest Coverage Ratio
MinimumInterestCoverageRatio
2.5
CY2023 lanc Maximum Leverage Ratio
MaximumLeverageRatio
3.5
CY2023Q2 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q2 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2023Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2800000 usd
CY2022Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2800000 usd
CY2023 us-gaap Interest Paid
InterestPaid
0 usd
CY2022 us-gaap Interest Paid
InterestPaid
0 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
9702000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
9246000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
8300000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2228000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2413000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1571000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
97000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
153000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
156000 usd
CY2023 lanc Finance Lease Expense
FinanceLeaseExpense
2325000 usd
CY2022 lanc Finance Lease Expense
FinanceLeaseExpense
2566000 usd
CY2021 lanc Finance Lease Expense
FinanceLeaseExpense
1727000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4362000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4639000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2652000 usd
CY2023 us-gaap Lease Cost
LeaseCost
16389000 usd
CY2022 us-gaap Lease Cost
LeaseCost
16451000 usd
CY2021 us-gaap Lease Cost
LeaseCost
12679000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24743000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28177000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8821000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8874000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
16967000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
20494000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
25788000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
29368000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
4682000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7217000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1944000 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2542000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2255000 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4320000 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
6862000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
9848000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
9603000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
8501000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
97000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
153000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
156000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2334000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2655000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2002000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5698000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16617000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7005000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
334000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
9035000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
9585000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2000000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7694000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1973000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6154000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
306000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3230000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
408000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
240000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
27311000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4279000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1523000 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
80000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
25788000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
4199000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4840000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
32323000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2514000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4437000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5255000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
527000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
527000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
527000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
343000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
251000 usd
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
26339000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
16300000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8821000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8874000 usd
CY2023Q2 lanc Accrued Distribution Costs
AccruedDistributionCosts
7515000 usd
CY2022Q2 lanc Accrued Distribution Costs
AccruedDistributionCosts
11862000 usd
CY2023Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
5484000 usd
CY2022Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
4705000 usd
CY2023Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
1984000 usd
CY2022Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
1592000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1944000 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2542000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4907000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4738000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
56994000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
50613000 usd
CY2023Q2 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
7165000 usd
CY2022Q2 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
7265000 usd
CY2023Q2 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
5261000 usd
CY2022Q2 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
4934000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2255000 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4320000 usd
CY2023Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
858000 usd
CY2022Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
925000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1078000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
595000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17683000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
20719000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
20147000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
19751000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
32655000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3978000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1974000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7460000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
24125000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
21725000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
40115000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7886000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1077000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3298000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32011000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22802000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43413000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.032
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.011
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.017
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.008
CY2023 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.004
CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.006
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.006
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.223
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.203
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.234
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
7561000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
6638000 usd
CY2023Q2 lanc Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
5613000 usd
CY2022Q2 lanc Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
6553000 usd
CY2023Q2 lanc Deferred Tax Assets Research And Development Capitalization
DeferredTaxAssetsResearchAndDevelopmentCapitalization
4281000 usd
CY2022Q2 lanc Deferred Tax Assets Research And Development Capitalization
DeferredTaxAssetsResearchAndDevelopmentCapitalization
0 usd
CY2023Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
4143000 usd
CY2022Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1668000 usd
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CY2023Q2 us-gaap Liability For Uncertain Tax Positions Current
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494000 usd
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CY2023Q2 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
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5261000 usd
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CY2021 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
147000 usd
CY2023 dei Auditor Firm
AuditorFirmId
34

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