2018 Q3 Form 10-Q Financial Statement

#000162828018011740 Filed on September 10, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q4 2017 Q3
Revenue $39.95M $15.93M $40.40M
YoY Change -1.1% -18.43% 1.23%
Cost Of Revenue $23.98M $16.45M $23.02M
YoY Change 4.17% -2.26% 8.85%
Gross Profit $15.97M -$520.0K $17.37M
YoY Change -8.09% -119.26% -7.35%
Gross Profit Margin 39.97% -3.26% 43.01%
Selling, General & Admin $3.513M $3.760M $3.229M
YoY Change 8.8% 4.74% -5.58%
% of Gross Profit 22.0% 18.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.776M $1.650M $1.633M
YoY Change 8.76% 11.49% 12.62%
% of Gross Profit 11.12% 9.4%
Operating Expenses $3.513M $3.760M $3.229M
YoY Change 8.8% 4.74% -5.58%
Operating Profit $11.43M -$4.280M $13.17M
YoY Change -13.24% 380.9% -7.23%
Interest Expense $260.0K -$370.0K $521.0K
YoY Change -50.1% -716.67% 10.15%
% of Operating Profit 2.28% 3.96%
Other Income/Expense, Net -$111.0K $130.0K -$408.0K
YoY Change -72.79% 225.0% -112.64%
Pretax Income $11.31M -$4.520M $12.76M
YoY Change -11.33% -2360.0% -26.76%
Income Tax $3.114M -$1.860M $5.017M
% Of Pretax Income 27.52% 39.32%
Net Earnings $8.201M -$2.650M $7.777M
YoY Change 5.45% -13350.0% -27.51%
Net Earnings / Revenue 20.53% -16.64% 19.25%
Basic Earnings Per Share $0.51 $0.53
Diluted Earnings Per Share $0.50 -$184.0K $0.52
COMMON SHARES
Basic Shares Outstanding 15.95M shares 14.52M shares 14.40M shares
Diluted Shares Outstanding 16.55M shares 14.99M shares

Balance Sheet

Concept 2018 Q3 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $500.0K $500.0K $1.800M
YoY Change -72.22% 1700.0%
Cash & Equivalents $505.0K $492.0K
Short-Term Investments
Other Short-Term Assets $6.800M $11.10M $7.200M
YoY Change -5.56% 76.19% 30.91%
Inventory $1.800M
Prepaid Expenses
Receivables $14.99M $10.95M $10.73M
Other Receivables $3.200M $500.0K $0.00
Total Short-Term Assets $27.26M $23.12M $19.77M
YoY Change 37.87% 24.98% 9.24%
LONG-TERM ASSETS
Property, Plant & Equipment $224.8M $188.2M $186.8M
YoY Change 20.32% 6.28% -25.74%
Goodwill $1.227M $876.0K $873.0K
YoY Change 40.55% 28.82% 28.38%
Intangibles
YoY Change
Long-Term Investments $18.51M $14.06M $14.34M
YoY Change 29.11% 124.83% -49.34%
Other Assets $14.60M $10.43M $13.38M
YoY Change 9.14% 19.67% 1015.08%
Total Long-Term Assets $384.6M $315.9M $315.9M
YoY Change 21.74% 10.09% 11.13%
TOTAL ASSETS
Total Short-Term Assets $27.26M $23.12M $19.77M
Total Long-Term Assets $384.6M $315.9M $315.9M
Total Assets $411.9M $339.0M $335.7M
YoY Change 22.69% 10.99% 11.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.799M $6.311M $4.462M
YoY Change 52.38% 13.61% -2.17%
Accrued Expenses $4.902M $5.177M $8.495M
YoY Change -42.3% -19.37% -11.71%
Deferred Revenue $473.0K $636.0K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.177M $3.030M $2.935M
YoY Change 8.25% 20.81% 17.4%
Total Short-Term Liabilities $27.48M $23.61M $26.90M
YoY Change 2.15% -0.58% 3.19%
LONG-TERM LIABILITIES
Long-Term Debt $70.65M $102.1M $97.64M
YoY Change -27.65% 15.79% 12.1%
Other Long-Term Liabilities $4.510M $3.920M $5.161M
YoY Change -12.61% -36.02% -81.1%
Total Long-Term Liabilities $75.16M $106.0M $102.8M
YoY Change -26.89% 12.42% -10.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.48M $23.61M $26.90M
Total Long-Term Liabilities $75.16M $106.0M $102.8M
Total Liabilities $174.5M $191.4M $185.7M
YoY Change -6.05% 14.82% 15.4%
SHAREHOLDERS EQUITY
Retained Earnings $54.82M $34.69M $38.26M
YoY Change 43.29% 9.05% 17.15%
Common Stock $177.0K $144.0K $144.0K
YoY Change 22.92% 1.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $236.8M $136.8M $149.4M
YoY Change
Total Liabilities & Shareholders Equity $411.9M $339.0M $335.7M
YoY Change 22.69% 10.99% 11.02%

Cashflow Statement

Concept 2018 Q3 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $8.201M -$2.650M $7.777M
YoY Change 5.45% -13350.0% -27.51%
Depreciation, Depletion And Amortization $1.776M $1.650M $1.633M
YoY Change 8.76% 11.49% 12.62%
Cash From Operating Activities $16.12M -$1.640M $17.57M
YoY Change -8.25% -147.81% 4.96%
INVESTING ACTIVITIES
Capital Expenditures -$16.69M -$3.290M -$3.930M
YoY Change 324.68% 10.03% 18.02%
Acquisitions
YoY Change
Other Investing Activities -$25.32M -$10.00K -$3.230M
YoY Change 683.9% -98.39% -211.0%
Cash From Investing Activities -$42.01M -$3.310M -$7.150M
YoY Change 487.55% -8.31% 1643.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.88M 3.600M -8.820M
YoY Change -393.42% 2669.23% -45.82%
NET CHANGE
Cash From Operating Activities 16.12M -1.640M 17.57M
Cash From Investing Activities -42.01M -3.310M -7.150M
Cash From Financing Activities 25.88M 3.600M -8.820M
Net Change In Cash -10.00K -1.350M 1.600M
YoY Change -100.63% 2600.0% 3100.0%
FREE CASH FLOW
Cash From Operating Activities $16.12M -$1.640M $17.57M
Capital Expenditures -$16.69M -$3.290M -$3.930M
Free Cash Flow $32.81M $1.650M $21.50M
YoY Change 52.6% -74.3% 7.13%

Facts In Submission

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1633000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4824000 USD
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1776000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5210000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
268000 USD
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 USD
CY2017Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
929000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
2934000 USD
CY2018Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
1004000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
3045000 USD
CY2017Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
125000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
435000 USD
CY2018Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
125000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
376000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.54
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.50
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
16000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.278
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.275
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2367000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2156000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
377000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
175000 USD
CY2014Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.35
CY2018Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.90
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
14061000 USD
CY2018Q3 us-gaap Equity Method Investments
EquityMethodInvestments
18511000 USD
CY2018Q2 us-gaap Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
4500000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-215000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-188000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
25000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
876000 USD
CY2018Q3 us-gaap Goodwill
Goodwill
1227000 USD
CY2017Q4 us-gaap Guaranty Liabilities
GuarantyLiabilities
0 USD
CY2018Q3 us-gaap Guaranty Liabilities
GuarantyLiabilities
1080000 USD
CY2017Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
120000 USD
CY2018Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12760000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15142000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11314000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18336000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
76000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
123000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5935000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
40000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5017000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-314000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-2810000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-250000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-880000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
246000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
105000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
47000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-420000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3114000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5093000 USD
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1500000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
210000 USD
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
570000 USD
CY2018Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
319000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
480000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3927000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1335000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4031000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1968000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-26000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1010000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
954000 USD
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2655000 USD
CY2018Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
3829000 USD
CY2017Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
551000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1424000 USD
CY2018Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
688000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1637000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
521000 USD
us-gaap Interest Expense
InterestExpense
1372000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
260000 USD
us-gaap Interest Expense
InterestExpense
1054000 USD
us-gaap Interest Paid Net
InterestPaidNet
1295000 USD
us-gaap Interest Paid Net
InterestPaidNet
1547000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
327000 USD
CY2018Q3 us-gaap Interest Payable Current
InterestPayableCurrent
253000 USD
CY2017Q4 us-gaap Inventory Real Estate
InventoryRealEstate
4124000 USD
CY2018Q3 us-gaap Inventory Real Estate
InventoryRealEstate
4957000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
191428000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
174499000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
339031000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
411893000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
23614000 USD
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
27475000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
105113000 USD
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
73822000 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3030000 USD
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
3177000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
102083000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
70645000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
587000 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
593000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4784000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27646000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23113000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-50852000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20122000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23203000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
7777000 USD
us-gaap Net Income Loss
NetIncomeLoss
9245000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
8201000 USD
us-gaap Net Income Loss
NetIncomeLoss
23425000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-34000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
7777000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
8966000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
8201000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
23425000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7652000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8810000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8076000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23049000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-408000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-999000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-111000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-731000 USD
CY2017Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
0 USD
CY2018Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
2844000 USD
us-gaap Notes Issued1
NotesIssued1
0 USD
us-gaap Notes Issued1
NotesIssued1
3000000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
625000 USD
CY2018Q3 us-gaap Notes Receivable Net
NotesReceivableNet
563000 USD
us-gaap Notes Reduction
NotesReduction
0 USD
us-gaap Notes Reduction
NotesReduction
79000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2017Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
25594000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
84415000 USD
CY2018Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
26749000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
90401000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
13168000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
11425000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
16141000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
105000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1653000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3415000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-203000 USD
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
30396000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4740000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-126000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-378000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-125000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-113000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-75000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
218000 USD
CY2018Q3 us-gaap Other Liabilities
OtherLiabilities
44127000 USD
CY2017Q4 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
62000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1875000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-255000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3987000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1001000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1763000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
19067000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
1345000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
4144000 USD
CY2018Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
1273000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
3803000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
945000 USD
CY2018Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1049000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10433000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14604000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
113000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-372000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
83000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
247000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
51000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
154000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
102000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
443000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
163000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
67000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
288000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
12000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
79000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1534000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2707000 USD
CY2018Q3 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
25000 USD
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8828000 USD
CY2018Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12597000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3920000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4510000 USD
CY2017Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
22110000 USD
CY2018Q3 us-gaap Other Long Term Investments
OtherLongTermInvestments
27750000 USD
us-gaap Other Noncash Income
OtherNoncashIncome
18000 USD
us-gaap Other Noncash Income
OtherNoncashIncome
136000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
37000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
364000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
26000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
283000 USD
CY2017Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
958000 USD
CY2018Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
664000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
108000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2362000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2920000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
435000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
376000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
294000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
401000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5706000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
25000000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
7450000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
3500000 USD
us-gaap Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
0 USD
us-gaap Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
13111000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
350000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
337000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9607000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9003000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1444000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6981000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6493000 USD
CY2017Q4 us-gaap Prepaid Insurance
PrepaidInsurance
609000 USD
CY2018Q3 us-gaap Prepaid Insurance
PrepaidInsurance
476000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
64097000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
161425000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
135127000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
7743000 USD
us-gaap Profit Loss
ProfitLoss
9207000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
8200000 USD
us-gaap Profit Loss
ProfitLoss
23429000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
188225000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
224818000 USD
CY2018Q3 us-gaap Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
1.25
CY2017Q4 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
4337000 USD
CY2018Q3 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
153442000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
167881000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
34692000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
54824000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40395000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
105380000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39950000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
114678000 USD
CY2017Q3 us-gaap Revenues
Revenues
40395000 USD
us-gaap Revenues
Revenues
105380000 USD
CY2018Q3 us-gaap Revenues
Revenues
39950000 USD
us-gaap Revenues
Revenues
114678000 USD
CY2018Q2 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
64100000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3229000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10192000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3513000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11529000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1088000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1216000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
136793000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
226584000 USD
CY2017Q4 us-gaap Supplies
Supplies
806000 USD
CY2018Q3 us-gaap Supplies
Supplies
1750000 USD
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
593000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
283000 shares
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
604000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
599000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14989000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14989000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14570000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14570000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16551000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16551000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15578000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15578000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14396000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14396000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14287000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14287000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15947000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15947000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14979000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14979000 shares
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Limoneira Company, a Delaware corporation (the &#8220;Company&#8221;), 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></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company markets and sells lemons directly to food service, wholesale and retail customers throughout the United States, Canada, Asia and other international markets. The Company is a member of Sunkist Growers, Inc. (&#8220;Sunkist&#8221;), an agricultural marketing cooperative, and sells a portion of its oranges, specialty citrus and other crops to Sunkist-licensed and other third-party packinghouses.</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company sells all of its avocado production to Calavo Growers, Inc. (&#8220;Calavo&#8221;), a packing and marketing company listed on NASDAQ under the symbol CVGW. Calavo&#8217;s customers include many of the largest retail and food service companies in the United States and Canada. The Company&#8217;s avocados are packed by Calavo, which are then sold and distributed under Calavo brands to its customers.&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;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&#8217;s material subsidiaries include: Limoneira Mercantile, LLC, Windfall Investors, LLC (&#8220;Windfall&#8221;), Templeton Santa Barbara, LLC, Associated Citrus Packers, Inc. (&#8220;Associated&#8221;), Limoneira Chile, SpA, Limoneira EA1 Land, LLC, San Pablo and PDA, in which the Company has a </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest. All significant intercompany balances and transactions have been eliminated in consolidation. The Company considers the criteria established under the Financial Accounting Standards Board (&#8220;FASB&#8221;) &#8211; Accounting Standards Code (&#8220;ASC&#8221;) 810, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Consolidation,</font><font style="font-family:inherit;font-size:10pt;"> 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 on Form 10-Q.</font></div></div>

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