2017 Q3 Form 10-Q Financial Statement
#000143774917018197 Filed on November 03, 2017
Income Statement
| Concept | 2017 Q3 | 2016 Q3 |
|---|---|---|
| Revenue | $31.47M | $27.87M |
| YoY Change | 12.92% | -8.97% |
| Cost Of Revenue | $17.91M | $15.49M |
| YoY Change | 15.6% | -12.29% |
| Gross Profit | $6.486M | $6.402M |
| YoY Change | 1.31% | 1.41% |
| Gross Profit Margin | 20.61% | 22.97% |
| Selling, General & Admin | $3.360M | $3.070M |
| YoY Change | 9.45% | 3.02% |
| % of Gross Profit | 51.8% | 47.95% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $367.0K | $349.0K |
| YoY Change | 5.16% | 4.8% |
| % of Gross Profit | 5.66% | 5.45% |
| Operating Expenses | $3.730M | $3.410M |
| YoY Change | 9.38% | 3.02% |
| Operating Profit | $8.734M | $8.031M |
| YoY Change | 8.75% | -4.69% |
| Interest Expense | -$3.630M | -$3.630M |
| YoY Change | 0.0% | -0.82% |
| % of Operating Profit | -41.56% | -45.2% |
| Other Income/Expense, Net | $21.00K | $21.00K |
| YoY Change | 0.0% | -16.0% |
| Pretax Income | $5.127M | $4.425M |
| YoY Change | 15.86% | -7.6% |
| Income Tax | $2.007M | $1.918M |
| % Of Pretax Income | 39.15% | 43.34% |
| Net Earnings | $3.120M | $2.507M |
| YoY Change | 24.45% | -11.94% |
| Net Earnings / Revenue | 9.91% | 9.0% |
| Basic Earnings Per Share | $0.75 | $0.60 |
| Diluted Earnings Per Share | $0.74 | $0.60 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 4.179M | 4.172M |
| Diluted Shares Outstanding | 4.212M | 4.207M |
Balance Sheet
| Concept | 2017 Q3 | 2016 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $61.70M | $55.10M |
| YoY Change | 11.98% | -7.24% |
| Cash & Equivalents | $61.68M | $55.13M |
| Short-Term Investments | ||
| Other Short-Term Assets | $356.0K | $348.0K |
| YoY Change | 2.3% | 21.68% |
| Inventory | $604.0K | $507.0K |
| Prepaid Expenses | ||
| Receivables | $10.10M | $7.700M |
| Other Receivables | $1.400M | $1.400M |
| Total Short-Term Assets | $74.28M | $65.18M |
| YoY Change | 13.96% | -8.5% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $8.466M | $8.923M |
| YoY Change | -5.12% | 1.2% |
| Goodwill | $95.00K | $95.00K |
| YoY Change | 0.0% | 0.0% |
| Intangibles | $1.353M | $1.353M |
| YoY Change | 0.0% | 0.0% |
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $293.0K | $94.00K |
| YoY Change | 211.7% | -72.59% |
| Total Long-Term Assets | $10.21M | $10.47M |
| YoY Change | -2.47% | -1.35% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $74.28M | $65.18M |
| Total Long-Term Assets | $10.21M | $10.47M |
| Total Assets | $84.49M | $75.65M |
| YoY Change | 11.68% | -7.58% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $5.128M | $4.167M |
| YoY Change | 23.06% | -9.33% |
| Accrued Expenses | $5.184M | $5.991M |
| YoY Change | -13.47% | 7.65% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $10.51M | $10.26M |
| YoY Change | 2.47% | -2.02% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $132.1M | $130.9M |
| YoY Change | 0.91% | 0.93% |
| Other Long-Term Liabilities | $1.455M | $1.639M |
| YoY Change | -11.23% | -29.48% |
| Total Long-Term Liabilities | $133.5M | $132.5M |
| YoY Change | 0.76% | 0.39% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $10.51M | $10.26M |
| Total Long-Term Liabilities | $133.5M | $132.5M |
| Total Liabilities | $144.9M | $143.5M |
| YoY Change | 0.96% | 0.05% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$43.82M | -$51.29M |
| YoY Change | -14.56% | -12.0% |
| Common Stock | $60.72M | $60.73M |
| YoY Change | -0.02% | 0.02% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $77.30M | $77.30M |
| YoY Change | 0.0% | 20.76% |
| Treasury Stock Shares | $5.127M | $5.127M |
| Shareholders Equity | -$60.41M | -$67.87M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $84.49M | $75.65M |
| YoY Change | 11.68% | -7.58% |
Cashflow Statement
| Concept | 2017 Q3 | 2016 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $3.120M | $2.507M |
| YoY Change | 24.45% | -11.94% |
| Depreciation, Depletion And Amortization | $367.0K | $349.0K |
| YoY Change | 5.16% | 4.8% |
| Cash From Operating Activities | $1.010M | $2.610M |
| YoY Change | -61.3% | 38.1% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$160.0K | -$330.0K |
| YoY Change | -51.52% | 312.5% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$160.0K | -$330.0K |
| YoY Change | -51.52% | -104.27% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 0.000 | 0.000 |
| YoY Change | -100.0% | |
| NET CHANGE | ||
| Cash From Operating Activities | 1.010M | 2.610M |
| Cash From Investing Activities | -160.0K | -330.0K |
| Cash From Financing Activities | 0.000 | 0.000 |
| Net Change In Cash | 850.0K | 2.280M |
| YoY Change | -62.72% | -70.88% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.010M | $2.610M |
| Capital Expenditures | -$160.0K | -$330.0K |
| Free Cash Flow | $1.170M | $2.940M |
| YoY Change | -60.2% | 49.24% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| nath |
Accounts Receivable Payment Terms
AccountsReceivablePaymentTerms
|
P30D | ||
| CY2017Q3 | nath |
Accrued Construction Costs Current
AccruedConstructionCostsCurrent
|
106000 | |
| CY2017Q1 | nath |
Accrued Construction Costs Current
AccruedConstructionCostsCurrent
|
160000 | |
| CY2017 | nath |
Advertising Fund Contributions From Franchises And Other Third Parties
AdvertisingFundContributionsFromFranchisesAndOtherThirdParties
|
2572000 | |
| CY2017Q3 | nath |
Dilutive Securities Effect On Earnings Per Share
DilutiveSecuritiesEffectOnEarningsPerShare
|
-0.01 | |
| CY2016Q3 | nath |
Dilutive Securities Effect On Earnings Per Share
DilutiveSecuritiesEffectOnEarningsPerShare
|
||
| nath |
Dilutive Securities Effect On Earnings Per Share
DilutiveSecuritiesEffectOnEarningsPerShare
|
-0.02 | ||
| nath |
Dilutive Securities Effect On Earnings Per Share
DilutiveSecuritiesEffectOnEarningsPerShare
|
-0.01 | ||
| CY2017Q3 | nath |
Dividends Payable Noncurrent
DividendsPayableNoncurrent
|
||
| CY2017Q1 | nath |
Dividends Payable Noncurrent
DividendsPayableNoncurrent
|
125000 | |
| CY2013Q2 | nath |
Minimum Percentage Of Common Stock Acquired By A Person Or Group Which Triggers Exercise Of New Rights
MinimumPercentageOfCommonStockAcquiredByAPersonOrGroupWhichTriggersExerciseOfNewRights
|
0.15 | |
| CY2013Q2 | nath |
New Right Purchase Price
NewRightPurchasePrice
|
100 | |
| CY2017Q3 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
11527000 | |
| CY2017Q1 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
8948000 | |
| CY2017Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
5128000 | |
| CY2017Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
4809000 | |
| CY2017Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
12026000 | |
| CY2017Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
9405000 | |
| CY2017Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
718000 | |
| CY2017Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
143000 | |
| CY2017Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5184000 | |
| CY2017Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5865000 | |
| CY2017Q3 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
1271000 | |
| CY2017Q1 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
1050000 | |
| CY2017Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
70000 | |
| CY2017Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
109000 | |
| CY2017Q3 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
233000 | |
| CY2017Q1 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
215000 | |
| CY2017Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
8204000 | |
| CY2017Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7522000 | |
| CY2017Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
60624000 | |
| CY2017Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
60582000 | |
| us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
157000 | ||
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
199000 | ||
| CY2017Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
100000 | |
| CY2016Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
173000 | |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
199000 | ||
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
346000 | ||
| CY2017Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
457000 | |
| CY2016Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
471000 | |
| CY2017Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
499000 | |
| us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
15000 | ||
| CY2017 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
67000 | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
599000 | ||
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
611000 | ||
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | ||
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | ||
| CY2017Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
| CY2016Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
| CY2017Q3 | us-gaap |
Assets
Assets
|
84488000 | |
| CY2017Q1 | us-gaap |
Assets
Assets
|
78125000 | |
| CY2017Q3 | us-gaap |
Assets Current
AssetsCurrent
|
74281000 | |
| CY2017Q1 | us-gaap |
Assets Current
AssetsCurrent
|
67535000 | |
| CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
56915000 | |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
50228000 | |
| CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
61677000 | |
| CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
55125000 | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
4762000 | ||
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
4897000 | ||
| CY2017Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2017Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2013Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
10188600 | |
| CY2017Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
6271192 | |
| CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
25 | |
| CY2017Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2017Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2017Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | |
| CY2017Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | |
| CY2017Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9311922 | |
| CY2017Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9303870 | |
| us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
35566000 | ||
| us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
30947000 | ||
| CY2017Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
22872000 | |
| CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
19982000 | |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
45340000 | ||
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
40574000 | ||
| CY2017Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
135000000 | |
| CY2017Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
135000000 | |
| CY2017Q3 | us-gaap |
Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
|
110000 | |
| CY2017Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4184549 | |
| CY2017Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4176497 | |
| CY2017Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
93000 | |
| CY2017Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
93000 | |
| CY2017Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
18041000 | |
| CY2016Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
15489000 | |
| CY2017Q1 | us-gaap |
Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
|
67000 | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
40000 | ||
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
27000 | ||
| CY2017Q3 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
729000 | |
| CY2017Q1 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
786000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
854000 | |
| CY2017Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
814000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
735000 | ||
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
696000 | ||
| CY2017Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
367000 | |
| CY2016Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
349000 | |
| us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">NOTE <div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">C – NEW ACCOUNTING PRONOUNCEMENTS <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">NOT</div> YET ADOPTED</div></div> <div style=" font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May 2014, </div>the FASB issued a new accounting standard that attempts to establish a uniform basis for recording <div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">revenue to virtually all industries’ financial statements, under U.S. GAAP as further amended during <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016.</div> The FASB issued certain updates to the standard, including clarifying reporting revenue between Principle versus Agent and clarification in determining performance obligations and licenses guidance. The revenue standard’s core principle is built on the contract between a vendor and a customer for the provision of goods and services. It attempts to depict the exchange of rights and obligations between the parties in the pattern of revenue recognition based on the consideration to which the vendor is entitled.<div style="display: inline; font-weight: bold;"> </div>In order to accomplish this objective, companies must evaluate the following <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">five</div> basic steps: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. </div></div> <div style=" font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">There are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">two</div> basic transition methods that are available <div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">– full retrospective, or modified retrospective transition methods. Early adoption is prohibited. Public companies were originally expected to apply the new standard for annual periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2016, </div>including interim periods therein, which for Nathan’s would have been its <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter of fiscal <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> beginning on <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 27, 2017. </div>On <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July 9, 2015, </div>the FASB agreed to delay the standard’s effective date to annual reporting periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2017 </div>which will now be our <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 2018) </div>of our fiscal year ending <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2019. </div></div></div> <div style=" font-family: Times\ New\ Roman, Times, serif; font-size: 10pt; margin: 0pt;"> </div> <div style=" font-family: Times\ New\ Roman, Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The Company has assigned internal resources to evaluate and implement the new standard, and will continue to provide updates during fiscal year <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018.</div><div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;"> The Company is continuing its evaluation of the impact of the new standard, but currently does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> believe that the standard will impact its recognition of revenue for its Company-operated restaurants or its recognition of royalties from its franchised restaurants or retail licenses, which are based on a percentage of sales. The Company is still assessing the impact of the new standard on revenues from its Branded Product Program as well as decisions reached by the FASB Transition Resource Group in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> November 2016 </div>on the treatment of minimum guarantees in licensing arrangements, which <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>affect the timing of the Company’s recognition of royalty revenues. Currently, franchise and international development fees are recognized when the Company has performed substantially all initial services required by the agreements, which is generally when the franchisee begins operations. Under the new guidance, these fees <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>be recognized over the term of the agreements. The Company also expects that the adoption of this new guidance <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>change the reporting of contributions to the advertising fund from franchisees and other <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div> parties and the related advertising fund expenditures, which are currently reported on a net basis in the Consolidated Statements of Earnings and Consolidated Balance Sheets. The Company expects the new guidance will require these advertising fund contributions and expenditures to be reported on a gross basis in the Consolidated Statement of Earnings. For the fiscal year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 26, 2017, </div>advertising fund contributions from franchisees and other <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div> parties were <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$2,572,000,</div> and therefore we expect this change <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>impact our total revenues and expenses. The Company plans to adopt this standard in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter of fiscal <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019,</div> beginning <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 26, 2018, </div>using the modified retrospective method. </div></div> <div style=" font-family: Times\ New\ Roman, Times, serif; font-size: 10pt; margin: 0pt;"></div> <div style=" margin: 0pt; text-align: left; font-family: Times New Roman, Times, serif; font-size: 10pt;"> </div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February 2016, </div>the FASB issued a new accounting standard on leases. <div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">The new standard, among other changes, will require lessees to recognize a right-of-use asset and a lease liability on the balance sheet for all leases. The lease liability will be measured at the present value of the lease payments over the lease term. The right-of-use asset will be measured at the lease liability amount, adjusted for lease prepayments, lease incentives received and the lessee’s initial direct costs (e.g. commissions). The new standard is effective for annual reporting periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2018, </div>including interim reporting periods within those annual reporting periods. This standard is required to take effect in Nathan’s <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 2019) </div>of our fiscal year ending <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 29, 2020. </div>The adoption will require a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest period presented. The Company is currently evaluating the standard to determine the impact of the adoption on its consolidated financial statements but expects that the standard will result in a significant increase to its other assets and other liabilities.</div></div> <div style=" font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January 2017, </div>the FASB issued an update to the accounting guidance to simplify the testing for goodwill impairment. The update removes the requirement to determine the implied fair value of goodwill to measure the amount of impairment loss, if any, under the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">second</div> step of the current goodwill impairment test. A company will perform its annual or interim goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. A goodwill impairment charge will be recognized for the amount by which the reporting unit<div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;">’s carrying amount exceeds its fair value, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> to exceed the carrying amount of the goodwill. The guidance is effective prospectively for public business entities for annual reporting periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2019. </div>This standard is required to take effect in Nathan’s <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter (<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 2020) </div>of our fiscal year ending <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 28, 2021. </div>Nathan’s does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> expect the adoption of this new guidance to have a material impact on its results of operations or financial position.</div></div> <div style=" font-family: Times New Roman, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Company does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> believe that any other recently issued, but <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> yet effective accounting standards, when adopted, will have a material effect on the accompanying financial statements.</div></div> | ||
| CY2017Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
5 | |
| CY2017Q3 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
125000 | |
| CY2017Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
125000 | |
| CY2015Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1000000 | |
| CY2015Q1 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2015-03-20 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.75 | |
| CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.60 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.45 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.45 | ||
| CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | |
| CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.60 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.43 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.44 | ||
| us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.394 | ||
| us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.369 | ||
| us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.019 | ||
| us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.064 | ||
| CY2017Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1771000 | |
| CY2017Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2708000 | |
| CY2017Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
300000 | |
| us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P300D | ||
| us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
194000 | ||
| us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
621000 | ||
| us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
-194000 | ||
| us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
-621000 | ||
| CY2017Q3 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
1315000 | |
| CY2016Q3 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
1334000 | |
| us-gaap |
Franchise Revenue
FranchiseRevenue
|
2487000 | ||
| us-gaap |
Franchise Revenue
FranchiseRevenue
|
2664000 | ||
| CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3359000 | |
| CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3066000 | |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7030000 | ||
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6915000 | ||
| CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
95000 | |
| CY2017Q1 | us-gaap |
Goodwill
Goodwill
|
95000 | |
| CY2017Q1 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
204000 | |
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
5127000 | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4425000 | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
9970000 | ||
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
9595000 | ||
| CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2007000 | |
| CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1918000 | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3928000 | ||
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3538000 | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3400000 | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2099000 | ||
| us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
2636000 | ||
| us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
403000 | ||
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-431000 | ||
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1401000 | ||
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
102000 | ||
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-36000 | ||
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
25000 | ||
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-180000 | ||
| us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-5000 | ||
| us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-15000 | ||
| us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-100000 | ||
| us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-67000 | ||
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-620000 | ||
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-894000 | ||
| CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
33000 | |
| CY2016Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
35000 | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
35000 | ||
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
30000 | ||
| CY2017Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1353000 | |
| CY2017Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1353000 | |
| CY2017Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
3663000 | |
| CY2016Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
3663000 | |
| us-gaap |
Interest Expense Other
InterestExpenseOther
|
7326000 | ||
| us-gaap |
Interest Expense Other
InterestExpenseOther
|
7339000 | ||
| us-gaap |
Interest Paid
InterestPaid
|
6750000 | ||
| us-gaap |
Interest Paid
InterestPaid
|
6750000 | ||
| CY2017Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
441000 | |
| CY2017Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
463000 | |
| CY2017Q3 | us-gaap |
Inventory Net
InventoryNet
|
604000 | |
| CY2017Q1 | us-gaap |
Inventory Net
InventoryNet
|
579000 | |
| CY2017Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
35000 | |
| CY2016Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
36000 | |
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
70000 | ||
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
36000 | ||
| CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
144895000 | |
| CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
144616000 | |
| CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
84488000 | |
| CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
78125000 | |
| CY2017Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
10512000 | |
| CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
10772000 | |
| CY2017Q3 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
404000 | |
| CY2017Q1 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
366000 | |
| CY2017Q3 | us-gaap |
Licenses Revenue
LicensesRevenue
|
5764000 | |
| CY2016Q3 | us-gaap |
Licenses Revenue
LicensesRevenue
|
4788000 | |
| us-gaap |
Licenses Revenue
LicensesRevenue
|
13165000 | ||
| us-gaap |
Licenses Revenue
LicensesRevenue
|
11612000 | ||
| CY2017Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
142088000 | |
| CY2017Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
132074000 | |
| CY2017Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
131475000 | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-282000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2058000 | ||
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-357000 | ||
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-606000 | ||
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5401000 | ||
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7561000 | ||
| us-gaap |
Net Income Loss
NetIncomeLoss
|
6042000 | ||
| us-gaap |
Net Income Loss
NetIncomeLoss
|
6057000 | ||
| CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3120000 | |
| CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2507000 | |
| CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3120000 | |
| CY2016Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2507000 | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6042000 | ||
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6057000 | ||
| CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
3120000 | |
| CY2016Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
2507000 | |
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
6042000 | ||
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
6057000 | ||
| CY2017Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1105000 | |
| CY2016Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1078000 | |
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
2009000 | ||
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
2016000 | ||
| CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8734000 | |
| CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8031000 | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
17184000 | ||
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
16855000 | ||
| CY2017Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
249000 | |
| CY2017Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
169000 | |
| CY2017Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
356000 | |
| CY2017Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
774000 | |
| CY2017Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
293000 | |
| CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
298000 | |
| CY2017Q3 | us-gaap |
Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
|
212000 | |
| CY2017Q1 | us-gaap |
Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
|
211000 | |
| CY2017Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1455000 | |
| CY2017Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1555000 | |
| CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
21000 | |
| CY2016Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
21000 | |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
42000 | ||
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
43000 | ||
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
|||
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1272000 | ||
| CY2015Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
115100000 | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
875000 | ||
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
125000 | ||
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
125000 | ||
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
157000 | ||
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
705000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
357000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
606000 | ||
| CY2017Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
473000 | |
| CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1093000 | |
| CY2017Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
117000 | |
| CY2017Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
319000 | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
|||
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
44000 | ||
| CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8466000 | |
| CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8844000 | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
57000 | ||
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
21000 | ||
| CY2017 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
53000 | |
| CY2017Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-43821000 | |
| CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-49863000 | |
| CY2017Q3 | us-gaap |
Revenues
Revenues
|
31606000 | |
| CY2016Q3 | us-gaap |
Revenues
Revenues
|
28013000 | |
| us-gaap |
Revenues
Revenues
|
62524000 | ||
| us-gaap |
Revenues
Revenues
|
57429000 | ||
| CY2017Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
24527000 | |
| CY2016Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
21891000 | |
| us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
46872000 | ||
| us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
43153000 | ||
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
199000 | ||
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
346000 | ||
| CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
10000 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
5000 | |
| CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
49.80 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
49.80 | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
5000 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
49.80 | ||
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
35.58 | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
379000 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
0 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue
|
0 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
|
0 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | ||
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1899000 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2306000 | |
| CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
75745 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
64384 | |
| CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
35.58 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
35.58 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
45444 | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
35.58 | ||
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
0 | ||
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | ||
| CY2015Q1 | us-gaap |
Share Price
SharePrice
|
73.56 | |
| CY2017Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1628000 | |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P1Y313D | ||
| CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y131D | |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P1Y313D | ||
| CY2017Q3 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
5000 | |
| us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
11361 | ||
| CY2017Q3 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
260258 | |
| CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-60407000 | |
| CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-66491000 | |
| CY2017Q3 | us-gaap |
Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
|
16896000 | |
| CY2017Q1 | us-gaap |
Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
|
10812000 | |
| CY2017Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5127373 | |
| CY2017Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5127373 | |
| us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
5127373 | ||
| us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | ||
| CY2017Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
77303000 | |
| CY2017Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
77303000 | |
| us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
77303000 | ||
| CY2017Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
2926000 | |
| CY2017Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
3525000 | |
| CY2017Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
208000 | |
| CY2017Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
201000 | |
| CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4212000 | |
| CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4207000 | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4213000 | ||
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4199000 | ||
| CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4179000 | |
| CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4172000 | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4178000 | ||
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4169000 |
