2015 Q1 Form 10-Q Financial Statement

#000120677415000769 Filed on March 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1 2013 Q4
Revenue $4.704M $4.140M $4.219M
YoY Change 13.63% 0.72% 0.69%
Cost Of Revenue $2.470M $2.500M $2.150M
YoY Change -1.2% 2.04% 7.5%
Gross Profit $2.230M $1.640M $2.070M
YoY Change 35.98% -0.61% -5.48%
Gross Profit Margin 47.41% 39.62% 49.07%
Selling, General & Admin $1.140M $1.190M $920.0K
YoY Change -4.2% 25.26% 9.52%
% of Gross Profit 51.12% 72.56% 44.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $440.0K $420.0K $420.0K
YoY Change 4.76% 5.0% 5.0%
% of Gross Profit 19.73% 25.61% 20.29%
Operating Expenses $4.054M $4.114M $3.493M
YoY Change -1.47% -0.23% 7.59%
Operating Profit $649.9K $25.13K $726.1K
YoY Change 2486.27% -235.15% -23.43%
Interest Expense $92.35K $113.1K $98.55K
YoY Change -18.38% 2.63% -13.45%
% of Operating Profit 14.21% 450.25% 13.57%
Other Income/Expense, Net
YoY Change
Pretax Income $583.9K -$57.05K $817.0K
YoY Change -1123.51% -30.4% -3.28%
Income Tax $255.0K $381.0K
% Of Pretax Income 43.67% 46.63%
Net Earnings $328.9K -$57.05K $436.0K
YoY Change -676.53% 420.15% -12.93%
Net Earnings / Revenue 6.99% -1.38% 10.34%
Basic Earnings Per Share $0.16 -$0.03 $0.22
Diluted Earnings Per Share $163.4K -$29.70K $217.8K
COMMON SHARES
Basic Shares Outstanding 2.016M shares 2.016M shares 2.016M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 Q1 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.800M $1.700M $1.900M
YoY Change 64.71% -32.0% -17.39%
Cash & Equivalents $2.829M $1.653M $1.887M
Short-Term Investments
Other Short-Term Assets $1.400M $1.200M $800.0K
YoY Change 16.67% 0.0% 33.33%
Inventory
Prepaid Expenses $1.406M $1.197M $823.8K
Receivables $400.0K $400.0K $300.0K
Other Receivables $1.250M $200.0K $0.00
Total Short-Term Assets $6.100M $4.336M $3.612M
YoY Change 40.69% 3.24% 9.44%
LONG-TERM ASSETS
Property, Plant & Equipment $47.45M $46.34M $46.65M
YoY Change 2.38% 6.05% 5.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.400M $1.400M $1.300M
YoY Change 0.0% -54.84% -53.57%
Other Assets $3.400M $2.800M $2.400M
YoY Change 21.43% 16.67% 9.09%
Total Long-Term Assets $56.30M $53.33M $53.12M
YoY Change 5.56% 2.57% 1.18%
TOTAL ASSETS
Total Short-Term Assets $6.100M $4.336M $3.612M
Total Long-Term Assets $56.30M $53.33M $53.12M
Total Assets $62.40M $57.67M $56.73M
YoY Change 8.2% 2.62% 1.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $93.91K $171.5K $84.49K
YoY Change -45.24% 71.49% -15.51%
Accrued Expenses $2.400M $2.500M $1.800M
YoY Change -4.0% 25.0% 38.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $139.2K $176.4K $173.3K
YoY Change -21.12% -11.79% 73.32%
Total Short-Term Liabilities $3.787M $2.879M $2.237M
YoY Change 31.54% -24.23% 11.86%
LONG-TERM LIABILITIES
Long-Term Debt $9.237M $7.022M $7.057M
YoY Change 31.54% 17.04% -3.33%
Other Long-Term Liabilities $2.400M $600.0K $700.0K
YoY Change 300.0%
Total Long-Term Liabilities $9.237M $7.022M $7.057M
YoY Change 31.54% 17.04% -3.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.787M $2.879M $2.237M
Total Long-Term Liabilities $9.237M $7.022M $7.057M
Total Liabilities $17.49M $13.96M $12.94M
YoY Change 25.32% 7.37% 2.73%
SHAREHOLDERS EQUITY
Retained Earnings $40.51M $39.38M $39.44M
YoY Change 2.86% 1.42% 1.54%
Common Stock $5.525M $5.525M $5.525M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.288M $1.288M $1.288M
YoY Change 0.0%
Treasury Stock Shares 162.5K shares 162.5K shares 162.5K shares
Shareholders Equity $44.91M $43.71M $43.79M
YoY Change
Total Liabilities & Shareholders Equity $62.40M $57.67M $56.73M
YoY Change 8.2% 2.62% 1.67%

Cashflow Statement

Concept 2015 Q1 2014 Q1 2013 Q4
OPERATING ACTIVITIES
Net Income $328.9K -$57.05K $436.0K
YoY Change -676.53% 420.15% -12.93%
Depreciation, Depletion And Amortization $440.0K $420.0K $420.0K
YoY Change 4.76% 5.0% 5.0%
Cash From Operating Activities -$50.00K $340.0K $1.464M
YoY Change -114.71% -27.66% 2.55%
INVESTING ACTIVITIES
Capital Expenditures -$470.0K -$120.0K $1.439M
YoY Change 291.67% -60.0% 530.86%
Acquisitions
YoY Change
Other Investing Activities $10.00K -$420.0K $1.380M
YoY Change -102.38% -940.0% -962.5%
Cash From Investing Activities -$450.0K -$540.0K -$59.37K
YoY Change -16.67% 116.0% -84.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $40.64K
YoY Change 7.53%
Cash From Financing Activities 640.0K -30.00K -$182.5K
YoY Change -2233.33% -57.14% 458.36%
NET CHANGE
Cash From Operating Activities -50.00K 340.0K $1.464M
Cash From Investing Activities -450.0K -540.0K -$59.37K
Cash From Financing Activities 640.0K -30.00K -$182.5K
Net Change In Cash 140.0K -230.0K $1.222M
YoY Change -160.87% -253.33% 21.23%
FREE CASH FLOW
Cash From Operating Activities -$50.00K $340.0K $1.464M
Capital Expenditures -$470.0K -$120.0K $1.439M
Free Cash Flow $420.0K $460.0K $24.65K
YoY Change -8.7% -40.26% -97.94%

Facts In Submission

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mays Concentration Risk Number Of Tenants
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49 tenant
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230000 USD
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139170 USD
us-gaap Debt Instrument Periodic Payment Interest
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LongTermDebtWithinOneYear
240000 USD
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LongTermDebtWithinAfterYear
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dei Entity Registrant Name
EntityRegistrantName
MAYS J W INC
dei Entity Central Index Key
EntityCentralIndexKey
0000054187
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2015-01-31
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--07-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Trading Symbol
TradingSymbol
mays
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us-gaap Investment Income Dividend
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us-gaap Investment Income Dividend
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us-gaap Investment Income Net
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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us-gaap Loss Contingency Damages Sought Value
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CY2014Q1 us-gaap Investment Income Interest
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us-gaap Marketable Securities Gain Loss
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108715 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
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