2013 Q4 Form 10-Q Financial Statement

#000110465914005259 Filed on January 30, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4
Revenue $120.6M $95.83K
YoY Change 125725.67% -99.87%
Cost Of Revenue $85.20M $68.00M
YoY Change 25.29% 27.82%
Gross Profit $35.38M $27.84K
YoY Change 127000.62% -99.87%
Gross Profit Margin 29.34% 29.05%
Selling, General & Admin $26.20M $21.20M
YoY Change 23.58% 21.84%
% of Gross Profit 74.05% 76157.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.938M $2.992M
YoY Change 31.62% 30.94%
% of Gross Profit 11.13% 10748.28%
Operating Expenses $30.00M $24.05M
YoY Change 24.75% 22.82%
Operating Profit $5.430M $3.789K
YoY Change 143209.58% -99.81%
Interest Expense $707.0K $255.00
YoY Change 277154.9% -99.85%
% of Operating Profit 13.02% 6.73%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $4.724M $3.536K
YoY Change 133497.29% -99.81%
Income Tax $1.802M $1.315K
% Of Pretax Income 38.15% 37.19%
Net Earnings $2.922M $2.221M
YoY Change 31.56% 76.27%
Net Earnings / Revenue 2.42% 2317.62%
Basic Earnings Per Share $0.13 $0.10
Diluted Earnings Per Share $0.13 $0.10
COMMON SHARES
Basic Shares Outstanding 22.44M 22.37M shares
Diluted Shares Outstanding 22.47M 22.46M shares

Balance Sheet

Concept 2013 Q4 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.400M $11.10M
YoY Change -33.33% 311.11%
Cash & Equivalents $6.222M $10.27M
Short-Term Investments $1.200M $900.0K
Other Short-Term Assets $2.100M $1.600M
YoY Change 31.25% 60.0%
Inventory $48.60M $38.40M
Prepaid Expenses
Receivables $1.698M $1.209M
Other Receivables $0.00 $0.00
Total Short-Term Assets $59.71M $53.21M
YoY Change 12.21% 43.04%
LONG-TERM ASSETS
Property, Plant & Equipment $102.8M $77.93M
YoY Change 31.89% 84.22%
Goodwill $511.0K
YoY Change
Intangibles $398.0K
YoY Change
Long-Term Investments $1.100M
YoY Change
Other Assets $200.0K $300.0K
YoY Change -33.33% -72.73%
Total Long-Term Assets $103.9M $80.16M
YoY Change 29.62% 80.12%
TOTAL ASSETS
Total Short-Term Assets $59.71M $53.21M
Total Long-Term Assets $103.9M $80.16M
Total Assets $163.6M $133.4M
YoY Change 22.67% 63.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.08M $20.06M
YoY Change 39.97% 38.35%
Accrued Expenses $10.02M $9.334M
YoY Change 7.39% 60.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $200.0K $400.0K
YoY Change -50.0% -63.64%
Total Short-Term Liabilities $38.29M $29.78M
YoY Change 28.6% -14.93%
LONG-TERM LIABILITIES
Long-Term Debt $19.60M $15.70M
YoY Change 24.84% -2.48%
Other Long-Term Liabilities $10.90M $9.100M
YoY Change 19.78% 13.75%
Total Long-Term Liabilities $37.72M $28.41M
YoY Change 32.76% 17.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.29M $29.78M
Total Long-Term Liabilities $37.72M $28.41M
Total Liabilities $76.02M $58.19M
YoY Change 30.63% -12.23%
SHAREHOLDERS EQUITY
Retained Earnings $33.73M $22.48M
YoY Change 50.07%
Common Stock $53.86M $52.70M
YoY Change 2.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $87.59M $75.18M
YoY Change
Total Liabilities & Shareholders Equity $163.6M $133.4M
YoY Change 22.67% 63.24%

Cashflow Statement

Concept 2013 Q4 2012 Q4
OPERATING ACTIVITIES
Net Income $2.922M $2.221M
YoY Change 31.56% 76.27%
Depreciation, Depletion And Amortization $3.938M $2.992M
YoY Change 31.62% 30.94%
Cash From Operating Activities $5.310M $2.340M
YoY Change 126.92% -45.96%
INVESTING ACTIVITIES
Capital Expenditures $7.684M $8.825M
YoY Change -12.93% 103.68%
Acquisitions
YoY Change
Other Investing Activities $500.0K -$180.0K
YoY Change -377.78%
Cash From Investing Activities -$7.180M -$9.000M
YoY Change -20.22% 107.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -40.00K -360.0K
YoY Change -88.89% -115.72%
NET CHANGE
Cash From Operating Activities 5.310M 2.340M
Cash From Investing Activities -7.180M -9.000M
Cash From Financing Activities -40.00K -360.0K
Net Change In Cash -1.910M -7.020M
YoY Change -72.79% -406.55%
FREE CASH FLOW
Cash From Operating Activities $5.310M $2.340M
Capital Expenditures $7.684M $8.825M
Free Cash Flow -$2.374M -$6.485M
YoY Change -63.39% 228004.12%

Facts In Submission

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NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-36000 USD
CY2013Q4 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-1910000 USD
CY2012Q4 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-7021000 USD
CY2012Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2176000 USD
CY2012Q4 ngvc Payments For Interest Excluding Interest Paid On Capital Lease Finance Obligations And Capital Lease Obligations Net
PaymentsForInterestExcludingInterestPaidOnCapitalLeaseFinanceObligationsAndCapitalLeaseObligationsNet
3000 USD
CY2012Q4 ngvc Payments For Interest On Capital Lease Finance Obligations And Capital Lease Obligations
PaymentsForInterestOnCapitalLeaseFinanceObligationsAndCapitalLeaseObligations
229000 USD
CY2012Q4 us-gaap Income Taxes Paid
IncomeTaxesPaid
101000 USD
CY2012Q4 ngvc Property Acquired Through Capital Lease And Capital Financing Lease Obligations
PropertyAcquiredThroughCapitalLeaseAndCapitalFinancingLeaseObligations
10319000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17291000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6222000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10270000 USD
CY2013Q4 dei Entity Registrant Name
EntityRegistrantName
Natural Grocers by Vitamin Cottage, Inc.
CY2013Q4 dei Entity Central Index Key
EntityCentralIndexKey
0001547459
CY2013Q4 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q4 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q4 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2013Q4 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q4 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
734000 USD
CY2013Q4 ngvc Increase Decrease In Deferred Rent And Leasehold Incentives
IncreaseDecreaseInDeferredRentAndLeaseholdIncentives
489000 USD
CY2013Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 item
CY2013Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
500000 USD
CY2013Q4 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
700000 USD
CY2013Q4 ngvc Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
189000 USD
CY2012Q4 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
300000 USD
CY2013Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
900000 USD
CY2013Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
39000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
28080000 USD
CY2013Q4 ngvc Capital And Financing Lease Obligations Current
CapitalAndFinancingLeaseObligationsCurrent
189000 USD
CY2013Q4 ngvc Capital And Financing Lease Obligations Non Current
CapitalAndFinancingLeaseObligationsNonCurrent
19611000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
7174000 USD
CY2013Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
5033000 USD
CY2013Q4 us-gaap Incentive From Lessor
IncentiveFromLessor
5904000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
22000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
53842000 USD
CY2013Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
120580000 USD
CY2013Q4 ngvc Cost Of Goods Sold And Occupancy Costs
CostOfGoodsSoldAndOccupancyCosts
85199000 USD
CY2013Q4 ngvc Store Expenses
StoreExpenses
25173000 USD
CY2013Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3889000 USD
CY2013Q4 ngvc Pre Opening Costs And Relocation Expenses
PreOpeningCostsAndRelocationExpenses
889000 USD
CY2013Q4 us-gaap Interest Expense
InterestExpense
707000 USD
CY2013Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1000 USD
CY2013Q4 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
706000 USD
CY2013Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1802000 USD
CY2013Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7684000 USD
CY2013Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3646000 USD
CY2013Q4 ngvc Property Acquired Through Capital Lease And Capital Financing Lease Obligations
PropertyAcquiredThroughCapitalLeaseAndCapitalFinancingLeaseObligations
14000 USD
CY2013Q4 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
654000 USD
CY2013Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
654000 USD

Files In Submission

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0001104659-14-005259.txt Edgar Link pending
0001104659-14-005259-xbrl.zip Edgar Link pending
a13-27264_110q.htm Edgar Link pending
a13-27264_1ex31d1.htm Edgar Link pending
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