$NGVC
Natural Grocers by Vitamin Cottage, Inc.

2018 Q2 Form 10-Q Financial Statement

#000143774918014305 Filed on August 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $213.1M $194.7M
YoY Change 9.46% 8.61%
Cost Of Revenue $156.3M $141.9M
YoY Change 10.15% 10.6%
Gross Profit $56.83M $52.78M
YoY Change 7.67% 3.63%
Gross Profit Margin 26.66% 27.11%
Selling, General & Admin $45.90M $43.90M
YoY Change 4.56% 7.6%
% of Gross Profit 80.77% 83.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.344M $7.519M
YoY Change -2.33% 17.85%
% of Gross Profit 12.92% 14.25%
Operating Expenses $53.10M $51.10M
YoY Change 3.91% 8.72%
Operating Profit $3.758M $1.678M
YoY Change 123.96% -58.21%
Interest Expense $1.170M $876.0K
YoY Change 33.56% 14.06%
% of Operating Profit 31.13% 52.21%
Other Income/Expense, Net
YoY Change
Pretax Income $2.588M $802.0K
YoY Change 222.69% -75.3%
Income Tax $597.0K $204.0K
% Of Pretax Income 23.07% 25.44%
Net Earnings $1.991M $598.0K
YoY Change 232.94% -77.69%
Net Earnings / Revenue 0.93% 0.31%
Basic Earnings Per Share $0.09 $0.03
Diluted Earnings Per Share $0.09 $0.03
COMMON SHARES
Basic Shares Outstanding 22.36M 22.46M
Diluted Shares Outstanding 22.50M 22.47M

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.200M $5.100M
YoY Change 41.18% 88.89%
Cash & Equivalents $7.204M $5.123M
Short-Term Investments
Other Short-Term Assets $3.200M $2.200M
YoY Change 45.45% -33.33%
Inventory $97.20M $92.90M
Prepaid Expenses
Receivables $4.913M $3.285M
Other Receivables $0.00 $0.00
Total Short-Term Assets $112.6M $103.5M
YoY Change 8.77% 8.93%
LONG-TERM ASSETS
Property, Plant & Equipment $187.6M $187.0M
YoY Change 0.35% 8.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.700M $1.600M
YoY Change 6.25% 60.0%
Total Long-Term Assets $195.0M $194.3M
YoY Change 0.38% 8.79%
TOTAL ASSETS
Total Short-Term Assets $112.6M $103.5M
Total Long-Term Assets $195.0M $194.3M
Total Assets $307.6M $297.8M
YoY Change 3.3% 8.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.21M $57.49M
YoY Change 1.26% 2.57%
Accrued Expenses $17.63M $16.07M
YoY Change 9.71% 20.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $700.0K $500.0K
YoY Change 40.0% 25.0%
Total Short-Term Liabilities $76.54M $74.08M
YoY Change 3.32% 6.17%
LONG-TERM LIABILITIES
Long-Term Debt $56.80M $59.00M
YoY Change -3.73% 19.68%
Other Long-Term Liabilities $21.20M $20.50M
YoY Change 3.41% 16.48%
Total Long-Term Liabilities $86.66M $91.01M
YoY Change -4.79% 16.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $76.54M $74.08M
Total Long-Term Liabilities $86.66M $91.01M
Total Liabilities $163.2M $165.1M
YoY Change -1.15% 11.82%
SHAREHOLDERS EQUITY
Retained Earnings $89.42M $77.61M
YoY Change 15.22% 10.1%
Common Stock $56.10M $55.90M
YoY Change 0.36% 0.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.108M $805.0K
YoY Change 37.64% 479.14%
Treasury Stock Shares $145.8K $75.35K
Shareholders Equity $144.4M $132.7M
YoY Change
Total Liabilities & Shareholders Equity $307.6M $297.8M
YoY Change 3.3% 8.84%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $1.991M $598.0K
YoY Change 232.94% -77.69%
Depreciation, Depletion And Amortization $7.344M $7.519M
YoY Change -2.33% 17.85%
Cash From Operating Activities $8.570M $13.42M
YoY Change -36.14% 393.38%
INVESTING ACTIVITIES
Capital Expenditures -$6.110M -$13.15M
YoY Change -53.54% -15.92%
Acquisitions
YoY Change
Other Investing Activities $130.0K $30.00K
YoY Change 333.33%
Cash From Investing Activities -$5.990M -$13.13M
YoY Change -54.38% -16.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.450M 600.0K
YoY Change -675.0% -94.01%
NET CHANGE
Cash From Operating Activities 8.570M 13.42M
Cash From Investing Activities -5.990M -13.13M
Cash From Financing Activities -3.450M 600.0K
Net Change In Cash -870.0K 890.0K
YoY Change -197.75% -130.69%
FREE CASH FLOW
Cash From Operating Activities $8.570M $13.42M
Capital Expenditures -$6.110M -$13.15M
Free Cash Flow $14.68M $26.57M
YoY Change -44.75% 44.72%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q2 ngvc Accrued Income Property Sales And Use Tax Payable
AccruedIncomePropertySalesAndUseTaxPayable
5891000
CY2017Q3 ngvc Accrued Income Property Sales And Use Tax Payable
AccruedIncomePropertySalesAndUseTaxPayable
5391000
CY2018Q2 ngvc Capital And Financing Lease Obligations Current
CapitalAndFinancingLeaseObligationsCurrent
699000
CY2017Q3 ngvc Capital And Financing Lease Obligations Current
CapitalAndFinancingLeaseObligationsCurrent
548000
CY2018Q2 ngvc Capital And Financing Lease Obligations Noncurrent
CapitalAndFinancingLeaseObligationsNoncurrent
40519000
CY2017Q3 ngvc Capital And Financing Lease Obligations Noncurrent
CapitalAndFinancingLeaseObligationsNoncurrent
32880000
CY2018Q2 ngvc Capital And Financing Lease Obligations Number Of Leases
CapitalAndFinancingLeaseObligationsNumberOfLeases
20
CY2017Q3 ngvc Capital And Financing Lease Obligations Number Of Leases
CapitalAndFinancingLeaseObligationsNumberOfLeases
17
CY2018Q2 ngvc Capital Lease And Capital Lease Finance Obligations
CapitalLeaseAndCapitalLeaseFinanceObligations
41218000
CY2017Q3 ngvc Capital Lease And Capital Lease Finance Obligations
CapitalLeaseAndCapitalLeaseFinanceObligations
33428000
CY2018Q2 ngvc Capital Lease And Capital Lease Finance Obligations Current
CapitalLeaseAndCapitalLeaseFinanceObligationsCurrent
699000
CY2017Q3 ngvc Capital Lease And Capital Lease Finance Obligations Current
CapitalLeaseAndCapitalLeaseFinanceObligationsCurrent
548000
CY2018Q2 ngvc Capital Lease And Capital Lease Finance Obligations Noncurrent
CapitalLeaseAndCapitalLeaseFinanceObligationsNoncurrent
40519000
CY2017Q3 ngvc Capital Lease And Capital Lease Finance Obligations Noncurrent
CapitalLeaseAndCapitalLeaseFinanceObligationsNoncurrent
32880000
CY2018Q2 ngvc Cost Of Goods Sold And Occupancy Costs
CostOfGoodsSoldAndOccupancyCosts
156299000
CY2017Q2 ngvc Cost Of Goods Sold And Occupancy Costs
CostOfGoodsSoldAndOccupancyCosts
141928000
ngvc Cost Of Goods Sold And Occupancy Costs
CostOfGoodsSoldAndOccupancyCosts
463250000
ngvc Cost Of Goods Sold And Occupancy Costs
CostOfGoodsSoldAndOccupancyCosts
411397000
CY2018Q2 ngvc Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
1693000
CY2017Q3 ngvc Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
1642000
ngvc Increase Decrease In Deferred Rent And Leasehold Incentives
IncreaseDecreaseInDeferredRentAndLeaseholdIncentives
861000
ngvc Increase Decrease In Deferred Rent And Leasehold Incentives
IncreaseDecreaseInDeferredRentAndLeaseholdIncentives
2500000
ngvc Payments For Deferred Compensation
PaymentsForDeferredCompensation
700000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13108000
CY2018Q2 ngvc Stock Issued During Period Shares Treasury Stock Reissued For Equity Based Compensation Obligations
StockIssuedDuringPeriodSharesTreasuryStockReissuedForEquityBasedCompensationObligations
197
ngvc Stock Issued During Period Shares Treasury Stock Reissued For Equity Based Compensation Obligations
StockIssuedDuringPeriodSharesTreasuryStockReissuedForEquityBasedCompensationObligations
17994
CY2017Q2 ngvc Stock Issued During Period Shares Treasury Stock Reissued For Equity Based Compensation Obligations
StockIssuedDuringPeriodSharesTreasuryStockReissuedForEquityBasedCompensationObligations
63
ngvc Stock Issued During Period Shares Treasury Stock Reissued For Equity Based Compensation Obligations
StockIssuedDuringPeriodSharesTreasuryStockReissuedForEquityBasedCompensationObligations
12322
CY2017 ngvc Stock Issued During Period Value Treasury Stock Reissued For Equity Based Compensation Obligations
StockIssuedDuringPeriodValueTreasuryStockReissuedForEquityBasedCompensationObligations
400000
CY2018Q2 ngvc Store Expenses
StoreExpenses
47000000
CY2017Q2 ngvc Store Expenses
StoreExpenses
45028000
ngvc Payments For Deferred Compensation
PaymentsForDeferredCompensation
ngvc Payments For Interest On Capital Lease Finance Obligations And Capital Lease Obligations
PaymentsForInterestOnCapitalLeaseFinanceObligationsAndCapitalLeaseObligations
2670000
ngvc Payments For Interest On Capital Lease Finance Obligations And Capital Lease Obligations
PaymentsForInterestOnCapitalLeaseFinanceObligationsAndCapitalLeaseObligations
2156000
CY2018Q2 ngvc Pre Opening Costs And Relocation Expenses
PreOpeningCostsAndRelocationExpenses
443000
CY2017Q2 ngvc Pre Opening Costs And Relocation Expenses
PreOpeningCostsAndRelocationExpenses
970000
ngvc Pre Opening Costs And Relocation Expenses
PreOpeningCostsAndRelocationExpenses
1683000
ngvc Pre Opening Costs And Relocation Expenses
PreOpeningCostsAndRelocationExpenses
3515000
ngvc Property Acquired Through Capital Lease And Capital Financing Lease Obligations
PropertyAcquiredThroughCapitalLeaseAndCapitalFinancingLeaseObligations
8204000
ngvc Property Acquired Through Capital Lease And Capital Financing Lease Obligations
PropertyAcquiredThroughCapitalLeaseAndCapitalFinancingLeaseObligations
226000
ngvc Repayments Of Long Term Capital And Financing Lease Obligations
RepaymentsOfLongTermCapitalAndFinancingLeaseObligations
416000
ngvc Repayments Of Long Term Capital And Financing Lease Obligations
RepaymentsOfLongTermCapitalAndFinancingLeaseObligations
352000
CY2018Q2 ngvc Sales Revenue Goods Percentage Net
SalesRevenueGoodsPercentageNet
1
CY2017Q2 ngvc Sales Revenue Goods Percentage Net
SalesRevenueGoodsPercentageNet
1
ngvc Sales Revenue Goods Percentage Net
SalesRevenueGoodsPercentageNet
1
ngvc Sales Revenue Goods Percentage Net
SalesRevenueGoodsPercentageNet
1
CY2017 ngvc Stock Issued During Period Shares Treasury Stock Reissued For Equity Based Compensation Obligations
StockIssuedDuringPeriodSharesTreasuryStockReissuedForEquityBasedCompensationObligations
35747
ngvc Store Expenses
StoreExpenses
138646000
ngvc Store Expenses
StoreExpenses
129271000
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
58211000
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
56849000
CY2018Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4913000
CY2017Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4860000
CY2018Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17630000
CY2017Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
14164000
CY2018Q2 us-gaap Accrued Liabilities For Unredeeemed Gift Cards
AccruedLiabilitiesForUnredeeemedGiftCards
1197000
CY2017Q3 us-gaap Accrued Liabilities For Unredeeemed Gift Cards
AccruedLiabilitiesForUnredeeemedGiftCards
906000
CY2018Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
351000
CY2017Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
648000
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
159979000
CY2017Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
143437000
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
56077000
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
55678000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
11000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
CY2018Q2 us-gaap Assets
Assets
307609000
CY2017Q3 us-gaap Assets
Assets
299991000
CY2018Q2 us-gaap Assets Current
AssetsCurrent
112574000
CY2017Q3 us-gaap Assets Current
AssetsCurrent
108215000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3446000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3594000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6521000
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4017000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7204000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5123000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
683000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1106000
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
22510279
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
22510279
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22364477
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22448056
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
23000
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
23000
CY2018Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
676000
CY2017Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1231000
CY2018Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
34000
CY2017Q3 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
62000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3738000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-700000
CY2018Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
10976000
CY2017Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
10465000
CY2018Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
8682000
CY2017Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
12419000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22169000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21965000
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7344000
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7519000
us-gaap Dividends
Dividends
0
CY2017Q2 us-gaap Dividends
Dividends
0
us-gaap Dividends
Dividends
0
CY2018Q2 us-gaap Dividends
Dividends
0
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9043000
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6399000
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
420000
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
394000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
23000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
21000
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5630000
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5105000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16345000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14947000
CY2018Q2 us-gaap Gross Profit
GrossProfit
56831000
CY2017Q2 us-gaap Gross Profit
GrossProfit
52781000
us-gaap Gross Profit
GrossProfit
168271000
us-gaap Gross Profit
GrossProfit
159092000
CY2018Q2 us-gaap Incentive From Lessor
IncentiveFromLessor
9510000
CY2017Q3 us-gaap Incentive From Lessor
IncentiveFromLessor
9160000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2588000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
802000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8216000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8621000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
597000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
204000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2360000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2966000
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-4300000
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-4300000
us-gaap Income Taxes Paid
IncomeTaxesPaid
508000
us-gaap Income Taxes Paid
IncomeTaxesPaid
2534000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
759000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
7114000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-462000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3467000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3588000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-554000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
353000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1082000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3635000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6534000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1186000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-871000
CY2018Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
5659000
CY2017Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
5655000
CY2018Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000
CY2017Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
200000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
400000
CY2018Q2 us-gaap Interest Expense
InterestExpense
1170000
CY2017Q2 us-gaap Interest Expense
InterestExpense
876000
us-gaap Interest Expense
InterestExpense
3381000
us-gaap Interest Expense
InterestExpense
2738000
CY2018Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
1200000
CY2017Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
1100000
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
3500000
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
3200000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
105000
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
237000
us-gaap Interest Paid Net
InterestPaidNet
654000
us-gaap Interest Paid Net
InterestPaidNet
504000
CY2018Q2 us-gaap Liabilities
Liabilities
163195000
CY2017Q3 us-gaap Liabilities
Liabilities
166108000
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
307609000
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
299991000
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
76540000
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
71561000
CY2018Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
86655000
CY2017Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
94547000
CY2018Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
16292000
CY2017Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
28392000
us-gaap Nature Of Operations
NatureOfOperations
<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:left;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div></div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">Organization</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-style: italic;">Nature of Business</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">Natural Grocers by Vitamin Cottage, Inc. (Natural Grocers or the holding company) and its consolidated subsidiaries (collectively, the Company) operate retail stores that specialize in natural and organic groceries and dietary supplements. The Company operates its retail stores under its trademark <div style="display: inline; font-style: italic;">Natural Grocers by Vitamin Cottage</div>&reg;. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30, 2018, </div>the Company operated <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">147</div> stores in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19</div> states. The Company also has a bulk food repackaging facility and distribution center in Golden, Colorado. The Company had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">140</div> stores in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">19</div> states as of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2017.</div></div></div>
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16515000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-34163000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30306000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
35857000
us-gaap Net Income Loss
NetIncomeLoss
10576000
us-gaap Net Income Loss
NetIncomeLoss
5655000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-588000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1991000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
580000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
261000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
25000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16673000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36748000
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3210000
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3222000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
124000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
598000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1991000
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
598000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10576000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5655000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2018Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
19
CY2017Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
19
CY2018Q2 us-gaap Number Of Stores
NumberOfStores
147
CY2017Q3 us-gaap Number Of Stores
NumberOfStores
140
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3758000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1678000
us-gaap Operating Income Loss
OperatingIncomeLoss
11597000
us-gaap Operating Income Loss
OperatingIncomeLoss
11359000
CY2018Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1148000
CY2017Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
820000
CY2018Q2 us-gaap Other Assets
OtherAssets
7386000
CY2017Q3 us-gaap Other Assets
OtherAssets
7359000
us-gaap Payments For Commissions
PaymentsForCommissions
7000
us-gaap Payments For Commissions
PaymentsForCommissions
80000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
279900000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
224350000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
34000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2585000
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
347628000
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
327854000
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
187649000
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
184417000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
292000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
224300000
CY2018Q2 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
97247000
CY2017Q3 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
93612000
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
89422000
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
78846000
CY2018Q2 us-gaap Revenues
Revenues
213130000
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1108000
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
664000
CY2017Q2 us-gaap Revenues
Revenues
194709000
us-gaap Revenues
Revenues
631521000
us-gaap Revenues
Revenues
570489000
us-gaap Share Based Compensation
ShareBasedCompensation
547000
us-gaap Share Based Compensation
ShareBasedCompensation
604000
CY2016Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000
CY2016Q2 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P2Y
CY2018Q2 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P2Y
CY2018Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
8300000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
144414000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
133883000
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
145802
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
62223
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
97970
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
101573
CY2018Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><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:left;"><div style="display: inline; font-style: italic;">Use of</div><div style="display: inline; font-style: italic;"> </div><div style="display: inline; font-style: italic;">Estimates</div></div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities (including the fair value of assets acquired and liabilities assumed in a business combination), the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management reviews its estimates on an ongoing basis, including those related to: allowances for self-insurance reserves; valuation of inventories; useful lives of property and equipment for depreciation and amortization; impairment of finite-lived intangible assets, long-lived assets, and goodwill; lease assumptions; and litigation based on currently available information. Changes in facts and circumstances <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>result in revised estimates and actual results could differ from those estimates.</div></div></div>
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
132669
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9128
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
80463
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7798
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22497066
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22469186
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22439890
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22465126
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22497066
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22469186
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22439890
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22465126
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22364397
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22460058
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22359427
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22457328

Files In Submission

Name View Source Status
0001437749-18-014305-index-headers.html Edgar Link pending
0001437749-18-014305-index.html Edgar Link pending
0001437749-18-014305.txt Edgar Link pending
0001437749-18-014305-xbrl.zip Edgar Link pending
a1.jpg Edgar Link pending
ex_118712.htm Edgar Link pending
ex_118713.htm Edgar Link pending
ex_118714.htm Edgar Link pending
ex_118715.htm Edgar Link pending
ex_118716.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ngvc-20180630.xml Edgar Link completed
ngvc-20180630.xsd Edgar Link pending
ngvc-20180630_cal.xml Edgar Link unprocessable
ngvc-20180630_def.xml Edgar Link unprocessable
ngvc-20180630_lab.xml Edgar Link unprocessable
ngvc-20180630_pre.xml Edgar Link unprocessable
ngvc20180630_10q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending