2015 Q2 Form 10-Q Financial Statement
#000114420415036275 Filed on June 09, 2015
Income Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
Revenue | $28.28M | $24.80M |
YoY Change | 14.01% | 6.51% |
Cost Of Revenue | $20.02M | $17.46M |
YoY Change | 14.66% | 1.16% |
Gross Profit | $8.254M | $7.339M |
YoY Change | 12.47% | 21.83% |
Gross Profit Margin | 29.19% | 29.59% |
Selling, General & Admin | $3.116M | $3.145M |
YoY Change | -0.92% | 13.37% |
% of Gross Profit | 37.75% | 42.85% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $980.0K | $840.0K |
YoY Change | 16.67% | 52.73% |
% of Gross Profit | 11.87% | 11.45% |
Operating Expenses | $3.116M | $3.145M |
YoY Change | -0.92% | 13.37% |
Operating Profit | $4.140M | $3.230M |
YoY Change | 28.17% | 35.37% |
Interest Expense | $45.00K | |
YoY Change | ||
% of Operating Profit | 1.09% | |
Other Income/Expense, Net | -$121.0K | $28.00K |
YoY Change | -532.14% | -99.16% |
Pretax Income | $4.019M | $3.258M |
YoY Change | 23.36% | -43.22% |
Income Tax | $1.456M | $1.145M |
% Of Pretax Income | 36.23% | 35.14% |
Net Earnings | $2.563M | $2.113M |
YoY Change | 21.3% | -15.65% |
Net Earnings / Revenue | 9.06% | 8.52% |
Basic Earnings Per Share | $0.17 | $0.15 |
Diluted Earnings Per Share | $0.17 | $0.15 |
COMMON SHARES | ||
Basic Shares Outstanding | 14.12M shares | 14.05M shares |
Diluted Shares Outstanding | 14.12M shares | 14.05M shares |
Balance Sheet
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $100.0K | $100.0K |
YoY Change | 0.0% | |
Cash & Equivalents | ||
Short-Term Investments | ||
Other Short-Term Assets | $5.800M | $5.100M |
YoY Change | 13.73% | 24.39% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $11.74M | $11.18M |
Other Receivables | $500.0K | $0.00 |
Total Short-Term Assets | $18.06M | $16.40M |
YoY Change | 10.1% | 9.32% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $117.9M | $92.27M |
YoY Change | 27.74% | 68.68% |
Goodwill | $680.0K | $680.0K |
YoY Change | 0.0% | |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $3.139M | $1.655M |
YoY Change | 89.67% | -77.28% |
Other Assets | $8.182M | $8.146M |
YoY Change | 0.44% | 49.33% |
Total Long-Term Assets | $247.5M | $205.4M |
YoY Change | 20.49% | 25.17% |
TOTAL ASSETS | ||
Total Short-Term Assets | $18.06M | $16.40M |
Total Long-Term Assets | $247.5M | $205.4M |
Total Assets | $265.6M | $221.8M |
YoY Change | 19.72% | 23.84% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $6.047M | $5.755M |
YoY Change | 5.07% | -1.81% |
Accrued Expenses | $4.619M | $4.363M |
YoY Change | 5.87% | 52.18% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $583.0K | $577.0K |
YoY Change | 1.04% | -22.13% |
Total Short-Term Liabilities | $18.08M | $17.53M |
YoY Change | 3.14% | 39.51% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $87.52M | $60.45M |
YoY Change | 44.79% | 2.25% |
Other Long-Term Liabilities | $6.024M | $3.673M |
YoY Change | 64.01% | -59.56% |
Total Long-Term Liabilities | $93.55M | $64.12M |
YoY Change | 45.89% | -18.76% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $18.08M | $17.53M |
Total Long-Term Liabilities | $93.55M | $64.12M |
Total Liabilities | $134.0M | $100.8M |
YoY Change | 32.96% | 10.16% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $22.84M | $18.81M |
YoY Change | 21.42% | 27.68% |
Common Stock | $141.0K | $141.0K |
YoY Change | 0.0% | 6.02% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $119.2M | $111.7M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $265.6M | $221.8M |
YoY Change | 19.72% | 23.84% |
Cashflow Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $2.563M | $2.113M |
YoY Change | 21.3% | -15.65% |
Depreciation, Depletion And Amortization | $980.0K | $840.0K |
YoY Change | 16.67% | 52.73% |
Cash From Operating Activities | $4.320M | $6.780M |
YoY Change | -36.28% | -1403.85% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$9.290M | -$4.620M |
YoY Change | 101.08% | 66.79% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | $0.00 |
YoY Change | -100.0% | |
Cash From Investing Activities | -$9.310M | -$4.630M |
YoY Change | 101.08% | -299.57% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 4.960M | -2.140M |
YoY Change | -331.78% | 20.22% |
NET CHANGE | ||
Cash From Operating Activities | 4.320M | 6.780M |
Cash From Investing Activities | -9.310M | -4.630M |
Cash From Financing Activities | 4.960M | -2.140M |
Net Change In Cash | -30.00K | 10.00K |
YoY Change | -400.0% | -50.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $4.320M | $6.780M |
Capital Expenditures | -$9.290M | -$4.620M |
Free Cash Flow | $13.61M | $11.40M |
YoY Change | 19.39% | 406.67% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
23157000 | USD |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
19900000 | shares |
CY2015Q2 | us-gaap |
Cash
Cash
|
77000 | USD |
CY2015Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
11738000 | USD |
CY2015Q2 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
1565000 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
4237000 | USD |
CY2015Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
442000 | USD |
CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
18059000 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
117867000 | USD |
CY2015Q2 | lmnr |
Real Estate Under Development Noncurrent
RealEstateUnderDevelopmentNoncurrent
|
90892000 | USD |
CY2015Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
3139000 | USD |
CY2015Q2 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
25325000 | USD |
CY2015Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
2108000 | USD |
CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
8182000 | USD |
CY2015Q2 | us-gaap |
Assets
Assets
|
265572000 | USD |
CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
6047000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
6067000 | USD |
CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4619000 | USD |
CY2015Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
768000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
583000 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
18084000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
87521000 | USD |
CY2015Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
22384000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
6024000 | USD |
CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
134013000 | USD |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14124332 | shares |
CY2015Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
141000 | USD |
CY2015Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
90212000 | USD |
CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
89770000 | USD |
CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
22837000 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
23308000 | USD |
CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
6038000 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
119228000 | USD |
CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
265572000 | USD |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
14078077 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
19900000 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
14124332 | shares |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
53802000 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
48308000 | USD | |
us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
2458000 | USD | |
us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
2301000 | USD | |
us-gaap |
Retail Land Sales Improvement Revenue Prior Sales
RetailLandSalesImprovementRevenuePriorSales
|
28000 | USD | |
us-gaap |
Retail Land Sales Improvement Revenue Prior Sales
RetailLandSalesImprovementRevenuePriorSales
|
75000 | USD | |
us-gaap |
Revenues
Revenues
|
56288000 | USD | |
us-gaap |
Revenues
Revenues
|
50684000 | USD | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
45837000 | USD | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
40925000 | USD | |
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
1564000 | USD | |
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
1435000 | USD | |
us-gaap |
Real Estate Improvements
RealEstateImprovements
|
481000 | USD | |
us-gaap |
Real Estate Improvements
RealEstateImprovements
|
601000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
6783000 | USD | |
CY2014Q4 | us-gaap |
Cash
Cash
|
92000 | USD |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
7236000 | USD |
CY2014Q4 | us-gaap |
Inventory Real Estate
InventoryRealEstate
|
3691000 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3849000 | USD |
CY2014Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
1143000 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
16011000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
105433000 | USD |
CY2014Q4 | lmnr |
Real Estate Under Development Noncurrent
RealEstateUnderDevelopmentNoncurrent
|
88088000 | USD |
CY2014Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
3638000 | USD |
CY2014Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
24270000 | USD |
CY2014Q4 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
2084000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
8114000 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
247638000 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
6363000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
5839000 | USD |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
7539000 | USD |
CY2014Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
809000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
583000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
21133000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
67771000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
21792000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
6282000 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
116978000 | USD |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14078077 | shares |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
140000 | USD |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
5111000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
118329000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
247638000 | USD |
CY2015Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
54665000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
49647000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1623000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
6686000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.09 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.08 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14109000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14039000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14109000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14039000 | shares | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-12000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
31000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1037000 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-57000 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
39000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
262000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
215000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
193000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
285000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1816000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1322000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
701000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
428000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1115000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
894000 | USD | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
317000 | USD | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
131000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
798000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
763000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-298000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-235000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
641000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
422000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-12000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
251000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
927000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
908000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2042000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1802000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1969000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1662000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-247000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-308000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
717000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
641000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
508000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
153000 | USD | |
us-gaap |
Other Noncash Income
OtherNoncashIncome
|
24000 | USD | |
us-gaap |
Other Noncash Income
OtherNoncashIncome
|
39000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4501000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4752000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2126000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2713000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
388000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
760000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-701000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
USD | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-167000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-199000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1269000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1110000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3493000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3218000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1937000 | USD | |
us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
172000 | USD | |
us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
82000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1519000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2657000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
16361000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9383000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
9000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
8000 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
15000 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
15000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16385000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9406000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
65670000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
27698000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
45920000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
28807000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1053000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
317000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
131000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
USD | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
94000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
17889000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6738000 | USD | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-15000 | USD | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-11000 | USD | |
CY2013Q4 | us-gaap |
Cash
Cash
|
82000 | USD |
CY2014Q2 | us-gaap |
Cash
Cash
|
71000 | USD |
us-gaap |
Interest Paid
InterestPaid
|
1181000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
1174000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1855000 | USD | |
lmnr |
Supplemental Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
SupplementalUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1055000 | USD | |
lmnr |
Supplemental Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
SupplementalUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
700000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1044000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
939000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
24000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
39000 | USD | |
us-gaap |
Noncash Contribution Expense
NoncashContributionExpense
|
270000 | USD | |
us-gaap |
Noncash Contribution Expense
NoncashContributionExpense
|
270000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
275000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
175000 | USD | |
CY2015Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
31000 | USD |
CY2014Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
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mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman",serif;} </style> <![endif]--></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;">Limoneira Company, a Delaware corporation (the “Company”), engages primarily in growing citrus and avocados, picking and hauling citrus, and packing, marketing and selling lemons. The Company is also engaged in residential rentals and other rental operations and real estate development activities.</font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0.5in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;"> </font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;">The Company markets and sells lemons directly to foodservice, wholesale and retail customers throughout the United States, Canada, Asia and other international markets. The Company is a member of Sunkist Growers, Inc. (“Sunkist”), an agricultural marketing cooperative, and sells its oranges, specialty citrus and other crops to Sunkist-licensed and other third-party packinghouses.</font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; text-indent: 0.5in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;"> </font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;">The Company sells all of its avocado production to Calavo Growers, Inc. (“Calavo”), a packing and marketing company listed on the NASDAQ Global Select Market under the symbol CVGW. Calavo's customers include many of the largest retail and food service companies in the United States and Canada. The Company's avocados are packed by Calavo, sold and distributed under Calavo brands to its customers.</font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;"> </font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;">The unaudited interim consolidated financial statements include the accounts of the Company and the accounts of all the subsidiaries and investments in which a controlling interest is held by the Company. The unaudited interim consolidated financial statements represent the consolidated balance sheets, consolidated statements of operations, consolidated statements of comprehensive income and consolidated statements of cash flows of the Company and its wholly-owned subsidiaries. The Company's subsidiaries include: Limoneira International Division, LLC, Limoneira Mercantile, LLC, Windfall Investors, LLC, Templeton Santa Barbara, LLC, and Associated Citrus Packers, Inc. All significant intercompany balances and transactions have been eliminated in consolidation. The Company considers the criteria established under the Financial Accounting Standards Board – Accounting Standards Code (“FASB ASC”) 810, <i>Consolidations</i> and the effect of variable interest entities, in its consolidation process. These unaudited consolidated financial statements should be read in conjunction with the notes thereto included in this quarterly report.</font></p> </div> </div> | ||
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><b><font style="font-size: 10pt; color: black;">Reclassifications and Adjustments</font></b><font style="font-size: 10pt;"></font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;"> </font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;">Certain reclassifications have been made to the prior years' consolidated financial statements to conform to the April 30, 2015 presentation.</font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;"></font><br/></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; 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mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman",serif;} </style> <![endif]--></font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><i><font style="font-size: 10pt;">Immaterial Classification Error</font></i><font style="font-size: 10pt;"> - An immaterial error in the classification of an equity method investee's distributions was corrected in the April 30, 2014 consolidated financial statements which resulted in the reclassification of an equity method investee's distributions from investing to operating cash flows in the amount of $<font>184,000</font> in the consolidated statement of cash flows. The Company has evaluated the materiality of this error both qualitatively and quantitatively in accordance with Staff Accounting Bulletin No. 99, Materiality, and determined that this error was not material to our previously reported consolidated financial statements as of October 31, 2014 and prior.</font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;"> </font></p> <p style="margin: 0in 0in 0.0001pt; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10pt;"><i><font style="font-size: 10pt; font-family: 'Times New Roman', serif;">Other Reclassifications </font></i><font style="font-size: 10pt; font-family: 'Times New Roman', serif;">- Equity in earnings of investments were reclassified as a component of other income (expense) from a separate line item following the income tax provision on the statement of operations.</font> </font></p> </div> | ||
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
680000 | USD |
CY2015Q2 | lmnr |
Mutual Water Companies Investment
MutualWaterCompaniesInvestment
|
4016000 | USD |
CY2014Q4 | lmnr |
Mutual Water Companies Investment
MutualWaterCompaniesInvestment
|
3731000 | USD |
CY2015Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
1536000 | USD |
CY2014Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
1536000 | USD |
CY2015Q2 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
1154000 | USD |
CY2014Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
1282000 | USD |
CY2015Q2 | lmnr |
Cooperative Associations Investment
CooperativeAssociationsInvestment
|
308000 | USD |
CY2014Q4 | lmnr |
Cooperative Associations Investment
CooperativeAssociationsInvestment
|
355000 | USD |
CY2015Q2 | lmnr |
Acquired Finite Lived Intangible Assets Net
AcquiredFiniteLivedIntangibleAssetsNet
|
488000 | USD |
CY2014Q4 | lmnr |
Acquired Finite Lived Intangible Assets Net
AcquiredFiniteLivedIntangibleAssetsNet
|
530000 | USD |
CY2015Q2 | us-gaap |
Goodwill
Goodwill
|
680000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
88104000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
68354000 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1223000 | USD | |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1198000 | USD | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segments | |
CY2015Q2 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
300000 | USD |
CY2015Q2 | lmnr |
Accrued Payables To Lemon Suppliers
AccruedPayablesToLemonSuppliers
|
USD | |
CY2014Q4 | lmnr |
Accrued Payables To Lemon Suppliers
AccruedPayablesToLemonSuppliers
|
624000 | USD |
CY2014Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
300000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
|
55000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
|
55000 | USD |
CY2015Q2 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
4634000 | USD |
CY2014Q4 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
4954000 | USD |
CY2015Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
1035000 | USD |
CY2014Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
973000 | USD |
CY2015Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
14124332 | shares |
CY2015Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
174000 | USD |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
442000 | USD |
CY2015Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1579000 | USD |
CY2014Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3280000 | USD |
CY2015Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
25000 | USD |
CY2014Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
500000 | USD |
CY2015Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
248000 | USD |
CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
235000 | USD |
CY2015Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
637000 | USD |
CY2014Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
598000 | USD |
CY2015Q2 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
1028000 | USD |
CY2014Q4 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
1458000 | USD |
CY2015Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1102000 | USD |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
844000 | USD |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001342423 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
CY2014Q2 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
1167000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
1340000 | USD |
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Limoneira CO | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-04-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--10-31 | ||
dei |
Trading Symbol
TradingSymbol
|
LMNR | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><font style="color: black;"><b>Preface</b></font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify; text-indent: 0.5in;"><font style="color: black;"> </font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><font style="color: black;">The preparation of the unaudited interim consolidated financial statements requires management to make use of estimates and assumptions that affect the reported amount of assets and liabilities, revenue and expenses and certain financial statement disclosures. Actual results may differ from these estimates.</font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify; text-indent: 24.5pt;"><font style="color: black;"> </font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><font style="color: black;">The unaudited interim consolidated financial statements for the three months and six months ended April 30, 2015 and 2014 and balance sheet as of April 30, 2015 included herein have not been audited by an independent registered public accounting firm, but in management's opinion, all adjustments (consisting of normal recurring adjustments) necessary to make a fair statement of the financial position at April 30, 2015 and the results of operations and the cash flows for the periods presented herein have been made. The results of operations for the three and six months ended April 30, 2015 are not necessarily indicative of the operating results expected for the full fiscal year.</font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><font style="color: black;"> </font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><font style="color: black;">The consolidated balance sheet at October 31, 2014 included herein has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles <font style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">(“GAAP”)</font> for complete financial statements.</font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify; text-indent: 24.5pt;"><font style="color: black;"> </font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><font style="color: black;">The unaudited interim consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). Although we believe the disclosures made are adequate to make the information presented not misleading, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules or regulations. These unaudited interim consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Form 10-K for the fiscal year ended October 31, 2014.</font></p> </div> | ||
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
26919000 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
23604000 | USD |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-121000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
3186000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
214000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
161000 | USD |
CY2015Q2 | us-gaap |
Retail Land Sales Improvement Revenue Prior Sales
RetailLandSalesImprovementRevenuePriorSales
|
18000 | USD |
CY2014Q2 | us-gaap |
Retail Land Sales Improvement Revenue Prior Sales
RetailLandSalesImprovementRevenuePriorSales
|
31000 | USD |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
28277000 | USD |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
24802000 | USD |
CY2015Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
20023000 | USD |
CY2014Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
17463000 | USD |
CY2015Q2 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
759000 | USD |
CY2014Q2 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
707000 | USD |
CY2015Q2 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
239000 | USD |
CY2014Q2 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
257000 | USD |
CY2015Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3116000 | USD |
CY2014Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3145000 | USD |
CY2015Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
24137000 | USD |
CY2014Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
21572000 | USD |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4140000 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3230000 | USD |
CY2015Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-45000 | USD |
CY2014Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
19000 | USD |
CY2015Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-97000 | USD |
CY2014Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-53000 | USD |
CY2015Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
21000 | USD |
CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
62000 | USD |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
28000 | USD |
CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4019000 | USD |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3258000 | USD |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1456000 | USD |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1145000 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2563000 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2113000 | USD |
CY2015Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
158000 | USD |
CY2014Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
65000 | USD |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2405000 | USD |
CY2014Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2048000 | USD |
CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | |
CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.17 | |
CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | |
CY2015Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.05 | |
CY2014Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.04 | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14124000 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14050000 | shares |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14124000 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14050000 | shares |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-149000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-117000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
119000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3496000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
450000 | USD |
CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
6059000 | USD |
CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2563000 | USD |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
USD | ||
CY2015Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
980000 | USD |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
9300000 | USD | |
CY2015Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
613000 | USD |
CY2014Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
601000 | USD |
CY2014Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
20727000 | USD |
CY2014Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
845000 | USD |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
52696000 | USD | |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
47985000 | USD | |
CY2015Q2 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
12331000 | USD |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | pure | |
CY2014Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
12331000 | USD |