2015 Form 10-K Financial Statement

#000119312516490104 Filed on March 02, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014 Q3
Revenue $293.5M $76.97M $75.68M
YoY Change -2.7% 7.39% 7.52%
Cost Of Revenue $157.9M $44.21M $44.04M
YoY Change -10.3% -28.45% -5.61%
Gross Profit $135.5M $32.76M $31.64M
YoY Change 7.97% 231.59% 33.38%
Gross Profit Margin 46.18% 42.56% 41.8%
Selling, General & Admin $78.63M $16.32M $19.37M
YoY Change 8.57% 5.7% 24.07%
% of Gross Profit 58.02% 49.82% 61.22%
Research & Development $14.36M $4.720M $3.049M
YoY Change 5.01% -6.16% -48.23%
% of Gross Profit 10.59% 14.41% 9.64%
Depreciation & Amortization $11.80M $3.440M $2.200M
YoY Change 19.19% -0.86% -70.31%
% of Gross Profit 8.71% 10.5% 6.95%
Operating Expenses $92.99M $21.03M $22.42M
YoY Change 8.0% 81.45% 4.27%
Operating Profit $42.53M $11.73M $9.221M
YoY Change 7.9% -786.02% 315.36%
Interest Expense $38.72M -$10.53M -$10.50M
YoY Change -8.45% -1.22% -6.33%
% of Operating Profit 91.03% -89.76% -113.87%
Other Income/Expense, Net -$65.00K $590.0K $441.0K
YoY Change -112.87% 34.09% 2.56%
Pretax Income -$11.78M $1.800M -$923.0K
YoY Change 397.8% -115.57% -93.98%
Income Tax $2.968M $1.570M -$56.00K
% Of Pretax Income 87.22%
Net Earnings -$14.70M $227.0K -$867.0K
YoY Change 308.33% -101.85% -94.24%
Net Earnings / Revenue -5.01% 0.29% -1.15%
Basic Earnings Per Share -$0.60
Diluted Earnings Per Share -$0.60 $8.706K -$32.93K
COMMON SHARES
Basic Shares Outstanding 24.44M shares 18.08M shares
Diluted Shares Outstanding 24.44M shares 18.08M shares

Balance Sheet

Concept 2015 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.60M $19.70M $27.10M
YoY Change 45.18% 5.91%
Cash & Equivalents $28.60M $19.74M $27.13M
Short-Term Investments
Other Short-Term Assets $8.500M $4.374M $4.200M
YoY Change 93.18% 41.1%
Inventory $15.60M $15.58M $16.40M
Prepaid Expenses
Receivables $37.30M $41.54M $41.20M
Other Receivables $0.00 $2.000M $400.0K
Total Short-Term Assets $90.00M $81.24M $89.40M
YoY Change 10.84% 2.57%
LONG-TERM ASSETS
Property, Plant & Equipment $86.50M $96.01M $96.10M
YoY Change -9.9% -1.73%
Goodwill $15.71M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $20.50M $20.58M $27.80M
YoY Change -0.49% -36.09%
Total Long-Term Assets $152.4M $161.9M $170.6M
YoY Change -5.93% -11.08%
TOTAL ASSETS
Total Short-Term Assets $90.00M $81.24M $89.40M
Total Long-Term Assets $152.4M $161.9M $170.6M
Total Assets $242.4M $243.2M $260.0M
YoY Change -0.33% -6.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.70M $15.67M $15.40M
YoY Change -25.48% -13.45%
Accrued Expenses $18.50M $24.90M $35.10M
YoY Change -25.7% -2.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $8.000M $8.000M
YoY Change -100.0% 0.0%
Long-Term Debt Due $3.700M $0.00
YoY Change
Total Short-Term Liabilities $35.50M $48.53M $59.60M
YoY Change -26.8% -12.72%
LONG-TERM LIABILITIES
Long-Term Debt $349.9M $392.9M $399.2M
YoY Change -10.94% -1.54%
Other Long-Term Liabilities $42.30M $33.60M $40.00M
YoY Change 3.17% -20.2%
Total Long-Term Liabilities $392.2M $426.5M $439.2M
YoY Change -9.61% -3.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.50M $48.53M $59.60M
Total Long-Term Liabilities $392.2M $426.5M $439.2M
Total Liabilities $427.7M $482.4M $498.8M
YoY Change -11.34% -2.89%
SHAREHOLDERS EQUITY
Retained Earnings -$344.4M
YoY Change
Common Stock $106.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $106.0K
YoY Change
Treasury Stock Shares 5.037K shares
Shareholders Equity -$185.3M -$239.3M -$238.8M
YoY Change
Total Liabilities & Shareholders Equity $242.4M $243.2M $260.0M
YoY Change -0.33% -6.94%

Cashflow Statement

Concept 2015 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income -$14.70M $227.0K -$867.0K
YoY Change 308.33% -101.85% -94.24%
Depreciation, Depletion And Amortization $11.80M $3.440M $2.200M
YoY Change 19.19% -0.86% -70.31%
Cash From Operating Activities $21.76M -$3.880M $20.52M
YoY Change 87.77% 0.26% 378.32%
INVESTING ACTIVITIES
Capital Expenditures -$13.15M -$2.840M -$1.820M
YoY Change 61.55% 118.46% 100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $230.0K
YoY Change -100.0% -100.0%
Cash From Investing Activities -$13.15M -$2.830M -$1.600M
YoY Change 71.24% -1330.43% 75.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $73.54M
YoY Change
Debt Paid & Issued, Net $1.900M
YoY Change 2576.06%
Cash From Financing Activities $999.0K -360.0K -7.330M
YoY Change -143.43% 80.0% 391.95%
NET CHANGE
Cash From Operating Activities $21.76M -3.880M 20.52M
Cash From Investing Activities -$13.15M -2.830M -1.600M
Cash From Financing Activities $999.0K -360.0K -7.330M
Net Change In Cash $9.610M -7.070M 11.59M
YoY Change 496.89% 84.11% 513.23%
FREE CASH FLOW
Cash From Operating Activities $21.76M -$3.880M $20.52M
Capital Expenditures -$13.15M -$2.840M -$1.820M
Free Cash Flow $34.91M -$1.040M $22.34M
YoY Change 76.95% -59.53% 329.62%

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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>1. Description of Business</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> <i>Overview</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Holdings, a Delaware corporation, is the parent company of LMI, also a Delaware corporation.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company develops, manufactures and commercializes innovative diagnostic medical imaging agents and products that assist clinicians in the diagnosis and treatment of cardiovascular and other diseases. The Company&#x2019;s commercial products are used by cardiologists, nuclear physicians, radiologists, internal medicine physicians, technologists and sonographers working in a variety of clinical settings. 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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> <i>Concentration of Risks and Limited Suppliers</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of trade accounts receivable. The Company periodically reviews its accounts receivable for collectability and provides for an allowance for doubtful accounts to the extent that amounts are not expected to be collected. The Company sells primarily to large national distributors, which in turn, may resell the Company&#x2019;s products. There were three customers that represented greater than 10% of the total net accounts receivable balance at either December&#xA0;31, 2015 or 2014. 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The failure of one of these suppliers to deliver on schedule could delay or interrupt the manufacturing or commercialization process and thereby adversely affect the Company&#x2019;s operating results. In addition, a disruption in the commercial supply of, or a significant increase in the cost of one of the Company&#x2019;s materials from these sources could have a material adverse effect on the Company&#x2019;s business, financial position and results of operations. The Company has agreements with Nordion and NTP/ANSTO, the Company&#x2019;s Moly suppliers, with an expiration dates of October&#xA0;31, 2016 and December&#xA0;31, 2017, respectively. In addition, because Xenon is a by-product of the Moly production process and is currently captured only by Nordion, the Company is currently reliant on Nordion as the sole supplier of Xenon to meet customer demand. In March 2013, the Company entered into an agreement with Institute for Radioelements, or IRE, who had previously been supplying the Company with Moly under the previous agreement with NTP, and this agreement expires on December&#xA0;31, 2017. In January 2015, the Company announced entering into a new strategic agreement with IRE for the future supply of Xenon. Under the terms of the agreement, IRE will provide bulk Xenon to us for processing and finishing once development work has been completed and all necessary regulatory approvals have been obtained.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company currently relies on JHS as its sole source manufacturer of DEFINITY, Neurolite and evacuation vials. The Company has additional ongoing technology transfer activities at JHS for its Cardiolite product supply. In the meantime, the Company has no other currently active supplier of DEFINITY, Neurolite, and its Cardiolite product supply is approved for manufacture by a single manufacturer.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Based on current projections, the Company believes that it will have sufficient supply of DEFINITY, Neurolite and evacuation vials from JHS to meet expected demand and sufficient Cardiolite product supply and saline from the Company&#x2019;s current suppliers to meet expected demand.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company is working to secure additional alternative suppliers for its key products as part of its ongoing supply chain diversification strategy. On November&#xA0;12, 2013, the Company entered into a Manufacturing and Supply Agreement with Pharmalucence to manufacture and supply DEFINITY. 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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Distributor Relationships</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Revenue for product sold to distributors is recognized at shipment, unless revenue recognition criteria have not been met. In those instances where collectability cannot be determined or the selling price cannot be reasonably estimated until the distributor has sold through the goods, the Company defers that revenue until such time as the goods have been sold through to the end-user customer, or the selling price can be reasonably estimated based on history of transactions with that distributor.</p> </div>
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
12.11
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2015 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.355872 pure
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2704000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
281474 shares
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
592179 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2015 us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Product Returns</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The Company provides a reserve for its estimate of sales recorded for which the related products are expected to be returned. The Company does not typically accept product returns unless an over shipment or non-conforming shipment was provided to the customer, or if the product was defective. The Company adjusts its estimate of product returns if it becomes aware of other factors that it believes could significantly impact its expected returns, including product recalls. These factors include its estimate of actual and historical return rates for non-conforming product and open return requests. Historically, the Company&#x2019;s estimates of returns have reasonably approximated actual returns.</p> </div>
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.44
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
400000000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-355000
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
120000
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
174000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-2670000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-9108000
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1752000
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1900000
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1125000
CY2015 us-gaap Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
9752000
CY2015 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
8000000
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1894000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-11778000
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 18pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The more significant estimates reflected in the Company&#x2019;s consolidated financial statements include certain judgments regarding revenue recognition, goodwill, tangible and intangible asset valuation, inventory valuation, asset retirement obligations, income tax liabilities and related indemnification receivable, deferred tax assets and liabilities and accrued expenses. Actual results could materially differ from those estimates or assumptions.</p> </div>
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2015 dei Trading Symbol
TradingSymbol
LNTH
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
24439845000 shares
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
200000
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-15528000
CY2015 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
13151000
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
900000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8857000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
99000
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2704000
CY2015 us-gaap Operating Expenses
OperatingExpenses
92992000
CY2015 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
7900000
CY2015 us-gaap Interest Expense
InterestExpense
38715000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-13151000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
999000
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
14358000
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
24000
CY2015 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y1M6D
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
17.71
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y4M24D
CY2015 us-gaap Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
6362000
CY2015 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
8000
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
97000
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14746000
CY2015 us-gaap Revenues
Revenues
293461000
CY2015 us-gaap Interest Paid
InterestPaid
40788000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2002000
CY2015 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-230000
CY2015 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
563000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
42530000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2609000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
99000
CY2015 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
97000
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1600000
CY2015 us-gaap Gross Profit
GrossProfit
135522000
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-89000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-753000
CY2015 us-gaap Income Tax Examination Interest Expense
IncomeTaxExaminationInterestExpense
2500000
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3986000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2386000
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
46000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-15101000
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6304000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-11778000
CY2015 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
1191000
CY2015 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-37000
CY2015 us-gaap Capitalized Computer Software Amortization
CapitalizedComputerSoftwareAmortization
1100000
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-355000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
218000
CY2015 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
34740000
CY2015 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
0
CY2015 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
747000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-476000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2968000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
2002000
CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
638000
CY2015 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
6362000
CY2015 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
2523000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
749000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
694000
CY2015 us-gaap Finite Lived Intangible Assets Translation Adjustments
FiniteLivedIntangibleAssetsTranslationAdjustments
-1448000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4122000
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6000000
CY2015 us-gaap Cost Of Goods Sold
CostOfGoodsSold
157939000
CY2015 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
73539000
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
17400000
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1680000
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
19651000
CY2015 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
236000
CY2015 us-gaap Depreciation
Depreciation
11800000
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
773000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
478000
CY2015 lnth Financial Assurance In Form Of Surety Bond
FinancialAssuranceInFormOfSuretyBond
28200000
CY2015 lnth Tax Indemnification Income Loss
TaxIndemnificationIncomeLoss
1655000
CY2015 lnth Share Based Compensation Arrangement By Share Based Payment Award Options Cancellations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancellationsInPeriodWeightedAverageExercisePrice
19.78
CY2015 lnth Rebates And Allowances Charges
RebatesAndAllowancesCharges
5900000
CY2015 lnth Income Tax Returns Period Subject To Examination
IncomeTaxReturnsPeriodSubjectToExamination
P3Y
CY2015 lnth Deferred Tax Assets Valuation Allowance Foreign Currency Translation Adjustments
DeferredTaxAssetsValuationAllowanceForeignCurrencyTranslationAdjustments
590000
CY2015 lnth Amortization Of Deferred Financing Costs
AmortizationOfDeferredFinancingCosts
1900000
CY2015 lnth Share Based Compensation Arrangement By Share Based Payment Award Options Cancellations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancellationsInPeriod
39432 shares
CY2015 lnth Number Of Methods Utilized To Derive Fair Value Of Business
NumberOfMethodsUtilizedToDeriveFairValueOfBusiness
2 Method
CY2015 lnth Period For Which Domestic Pre Tax Losses Were Generated
PeriodForWhichDomesticPreTaxLossesWereGenerated
P2Y
CY2015 lnth Financial Assurance In Form Of Letter Of Credit
FinancialAssuranceInFormOfLetterOfCredit
8800000
CY2015 lnth Period Over Which Cumulative Loss Was Incurred
PeriodOverWhichCumulativeLossWasIncurred
P3Y
CY2015 lnth Number Of Customers Representing Greater Than Ten Percent Of Accounts Receivable
NumberOfCustomersRepresentingGreaterThanTenPercentOfAccountsReceivable
3 Customer
CY2015 lnth Percentage Of Greatest Amount Of Letter Of Credit Drawn
PercentageOfGreatestAmountOfLetterOfCreditDrawn
1.05 pure
CY2015 lnth Purchase Price From Sale Of Assets
PurchasePriceFromSaleOfAssets
9000000
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-1285000
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
73336000
CY2014Q1 us-gaap Gross Profit
GrossProfit
30061000
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
375000
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
74823000
CY2015Q1 us-gaap Gross Profit
GrossProfit
35769000
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.09
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-1636000
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
75613000
CY2014Q2 us-gaap Gross Profit
GrossProfit
31059000
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.29
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-24423000
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
73314000
CY2015Q2 us-gaap Gross Profit
GrossProfit
32667000
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.05
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-867000
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
75682000
CY2014Q3 us-gaap Gross Profit
GrossProfit
31638000
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.18
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
5386000
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
74123000
CY2015Q3 us-gaap Gross Profit
GrossProfit
33705000
CY2014Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
227000
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
76969000
CY2014Q4 us-gaap Gross Profit
GrossProfit
32761000
CY2015Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.13
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
3916000
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
71201000
CY2015Q4 us-gaap Gross Profit
GrossProfit
33381000

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