2015 Q2 Form 10-Q Financial Statement

#000114420415036275 Filed on June 09, 2015

View on sec.gov

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

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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>1. 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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;">&#160;</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. 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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;">&#160;</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 &#150; Accounting Standards Code (&#147;FASB ASC&#148;) 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;">&#160;</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: 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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;">&#160;</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;">&#160;</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&#160;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&#160;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;">&#160;</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;">(&#147;GAAP&#148;)</font>&#160;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;">&#160;</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 &#147;SEC&#148;). 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&#160;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

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