2016 Q2 Form 10-Q Financial Statement
#000106299316009594 Filed on May 11, 2016
Income Statement
| Concept | 2016 Q2 | 2015 Q2 |
|---|---|---|
| Revenue | $352.3M | $273.9M |
| YoY Change | 28.61% | -15.03% |
| Cost Of Revenue | $320.4M | $270.5M |
| YoY Change | 18.44% | -5.48% |
| Gross Profit | $31.90M | $32.89M |
| YoY Change | -3.02% | -9.14% |
| Gross Profit Margin | 9.05% | 12.01% |
| Selling, General & Admin | $24.30M | $23.67M |
| YoY Change | 2.66% | 1.15% |
| % of Gross Profit | 76.18% | 71.96% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $8.760M | $4.063M |
| YoY Change | 115.6% | -24.48% |
| % of Gross Profit | 27.46% | 12.35% |
| Operating Expenses | $28.80M | $23.67M |
| YoY Change | 21.67% | 2.47% |
| Operating Profit | $3.100M | $9.398M |
| YoY Change | -67.01% | -28.26% |
| Interest Expense | $11.02M | $1.823M |
| YoY Change | 504.61% | -201.28% |
| % of Operating Profit | 355.55% | 19.4% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$12.37M | $7.575M |
| YoY Change | -263.23% | -31.14% |
| Income Tax | -$3.086M | $2.757M |
| % Of Pretax Income | 36.4% | |
| Net Earnings | -$10.23M | $5.234M |
| YoY Change | -295.51% | -20.7% |
| Net Earnings / Revenue | -2.9% | 1.91% |
| Basic Earnings Per Share | -$0.12 | $0.08 |
| Diluted Earnings Per Share | -$0.12 | $0.08 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 85.43M shares | 67.40M shares |
| Diluted Shares Outstanding | 85.43M shares | 68.27M shares |
Balance Sheet
| Concept | 2016 Q2 | 2015 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $5.500M | $3.500M |
| YoY Change | 57.14% | -46.97% |
| Cash & Equivalents | $5.475M | $1.428M |
| Short-Term Investments | ||
| Other Short-Term Assets | $82.10M | $27.10M |
| YoY Change | 202.95% | 19.38% |
| Inventory | $357.1M | $269.3M |
| Prepaid Expenses | ||
| Receivables | $135.2M | $128.3M |
| Other Receivables | $21.70M | $2.500M |
| Total Short-Term Assets | $601.6M | $430.7M |
| YoY Change | 39.69% | -1.8% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $173.6M | $134.8M |
| YoY Change | 28.75% | -13.29% |
| Goodwill | $45.50M | |
| YoY Change | ||
| Intangibles | $51.70M | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $13.10M | $4.942M |
| YoY Change | 165.07% | -64.95% |
| Total Long-Term Assets | $621.0M | $240.7M |
| YoY Change | 158.01% | -14.5% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $601.6M | $430.7M |
| Total Long-Term Assets | $621.0M | $240.7M |
| Total Assets | $1.223B | $671.4M |
| YoY Change | 82.1% | -6.77% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $134.3M | $121.1M |
| YoY Change | 10.9% | 1.59% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $202.4M | $109.2M |
| YoY Change | 85.36% | -30.44% |
| Long-Term Debt Due | $2.200M | $5.445M |
| YoY Change | -59.6% | -9.25% |
| Total Short-Term Liabilities | $401.0M | $252.6M |
| YoY Change | 58.73% | -15.2% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $313.9M | $30.08M |
| YoY Change | 943.45% | -25.17% |
| Other Long-Term Liabilities | $17.90M | $17.66M |
| YoY Change | 1.34% | 1004.0% |
| Total Long-Term Liabilities | $331.8M | $47.75M |
| YoY Change | 594.91% | 14.23% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $401.0M | $252.6M |
| Total Long-Term Liabilities | $331.8M | $47.75M |
| Total Liabilities | $803.5M | $314.3M |
| YoY Change | 155.6% | -18.75% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $134.5M | |
| YoY Change | ||
| Common Stock | $23.37M | $22.35M |
| YoY Change | 4.54% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $413.8M | $345.2M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.223B | $671.4M |
| YoY Change | 82.1% | -6.77% |
Cashflow Statement
| Concept | 2016 Q2 | 2015 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$10.23M | $5.234M |
| YoY Change | -295.51% | -20.7% |
| Depreciation, Depletion And Amortization | $8.760M | $4.063M |
| YoY Change | 115.6% | -24.48% |
| Cash From Operating Activities | -$17.14M | -$11.49M |
| YoY Change | 49.19% | -8.84% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $4.547M | $5.521M |
| YoY Change | -17.64% | -254.65% |
| Acquisitions | $0.00 | $13.30M |
| YoY Change | -100.0% | |
| Other Investing Activities | $0.00 | $30.00K |
| YoY Change | -100.0% | -108.11% |
| Cash From Investing Activities | -$4.738M | -$19.07M |
| YoY Change | -75.16% | 382.86% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $0.00 | |
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $1.616M | |
| YoY Change | ||
| Debt Paid & Issued, Net | $10.49M | $243.0K |
| YoY Change | 4215.23% | |
| Cash From Financing Activities | $24.62M | $24.13M |
| YoY Change | 2.01% | 65.41% |
| NET CHANGE | ||
| Cash From Operating Activities | -$17.14M | -$11.49M |
| Cash From Investing Activities | -$4.738M | -$19.07M |
| Cash From Financing Activities | $24.62M | $24.13M |
| Net Change In Cash | $2.745M | -$6.426M |
| YoY Change | -142.72% | 227.86% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$17.14M | -$11.49M |
| Capital Expenditures | $4.547M | $5.521M |
| Free Cash Flow | -$21.68M | -$17.01M |
| YoY Change | 27.49% | 88.34% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-3978000 | USD |
| CY2016Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
22399000 | USD |
| CY2016Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-238000 | USD |
| CY2016Q2 | stkl |
Company Owned Grain Inventory
CompanyOwnedGrainInventory
|
15687000 | USD |
| CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
793024000 | USD |
| CY2016Q2 | us-gaap |
Liabilities
Liabilities
|
803469000 | USD |
| CY2016Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
117412000 | USD |
| CY2016Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
85439680 | shares |
| CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
85417849 | shares |
| CY2016Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
202444000 | USD |
| CY2016Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
159773000 | USD |
| CY2016Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
23366000 | USD |
| CY2016Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
22327000 | USD |
| CY2016Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
21722000 | USD |
| CY2016Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
21728000 | USD |
| CY2016Q1 | us-gaap |
Assets Current
AssetsCurrent
|
597055000 | USD |
| CY2016Q2 | us-gaap |
Assets Current
AssetsCurrent
|
601641000 | USD |
| CY2016Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
20088000 | USD |
| CY2015Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
357023000 | USD |
| CY2016Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8760000 | USD |
| CY2016Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1039000 | USD |
| CY2016Q2 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
758000 | USD |
| CY2016Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17136000 | USD |
| CY2016Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4547000 | USD |
| CY2016Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
| CY2016Q2 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
232543000 | USD |
| CY2016Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
432000 | USD |
| CY2016Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
10486000 | USD |
| CY2016Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-15000 | USD |
| CY2016Q2 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
37000 | USD |
| CY2016Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2782000 | USD |
| CY2015Q2 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
21347000 | USD |
| CY2015Q2 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-533000 | USD |
| CY2015Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11486000 | USD |
| CY2015Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-515000 | USD |
| CY2015Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5521000 | USD |
| CY2015Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4063000 | USD |
| CY2015Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
13300000 | USD |
| CY2015Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
| CY2015Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
243000 | USD |
| CY2015Q2 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-21000 | USD |
| CY2015Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-6447000 | USD |
| CY2015Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-137000 | USD |
| CY2015Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-10953000 | USD |
| CY2016Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
209000 | USD |
| CY2015Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
103000 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
27485000 | USD |
| CY2015Q2 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
22200000 | USD |
| CY2015Q2 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-195000 | USD |
| CY2016Q2 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-3687000 | USD |
| CY2015Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
30000 | USD |
| CY2016Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | USD |
| CY2016Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
89287000 | USD |
| CY2016Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
6438000 | USD |
| CY2016Q1 | stkl |
Company Owned Grain Inventory
CompanyOwnedGrainInventory
|
14348000 | USD |
| CY2016Q1 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
276434000 | USD |
| CY2016Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
6774000 | USD |
| CY2016Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
1517000 | USD |
| CY2016Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
316137000 | USD |
| CY2016Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
322995000 | USD |
| CY2016Q1 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
1507000 | USD |
| CY2016Q2 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
9378000 | USD |
| CY2016Q1 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
9245000 | USD |
| CY2016Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
97000 | USD |
| CY2016Q2 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
8000 | USD |
| CY2016Q2 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2016Q2 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
| CY2016Q2 | dei |
Entity Registrant Name
EntityRegistrantName
|
SunOpta Inc. | |
| CY2016Q2 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2016Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
87215000 | USD |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.09 | |
| CY2015Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.09 | |
| CY2015Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.01 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
| CY2016Q2 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
1039000 | USD |
| CY2016Q2 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The interim consolidated financial statements of the Company have been prepared in accordance with the instructions to Form 10-Q and Rule 10-01 of</font><font style='font-family:Times New Roman;font-size:10pt;' > Regulation S-X promulgated under the Securities Exchange Act of 1934, as amended, and in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. Accordingly, these condensed interim consolidated fina</font><font style='font-family:Times New Roman;font-size:10pt;' >ncial statements do not include all of the disclosures required by U.S. GAAP for annual financial statements. In the opinion of management, all adjustments considered necessary for fair presentation have been included and all such adjustments are of a nor</font><font style='font-family:Times New Roman;font-size:10pt;' >mal, recurring nature. Operating results </font><font style='font-family:Times New Roman;font-size:10pt;' >for the quarter ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >April 2, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' > are not necessarily indicative of the results that may be expected for the full year ending </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' > or for any other period. </font><font style='font-family:Times New Roman;font-size:10pt;' >The interim consolidated financial statements include the accounts of the Company and its subsidiaries, and have been prepared on a basis consistent with the annual consolidated financial statements for the year ended </font><font style='font-family:Times New Roman;font-size:10pt;' >January 2, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > For further informat</font><font style='font-family:Times New Roman;font-size:10pt;' >ion, refer to the consolidated financial statements, and notes thereto, included in the Company’s Annual Report on Form 10-K for the fiscal year ended </font><font style='font-family:Times New Roman;font-size:10pt;' >January 2, 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div> | |
| CY2016Q2 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
258610000 | USD |
| CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-7910000 | USD |
| CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
241000 | USD |
| CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8151000 | USD |
| CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
546000 | USD |
| CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-782000 | USD |
| CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1328000 | USD |
| CY2016Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
16000 | USD |
| CY2015Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1494000 | USD |
| CY2016Q2 | us-gaap |
Revenues
Revenues
|
352314000 | USD |
| CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
11022000 | USD |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-12365000 | USD |
| CY2016Q2 | us-gaap |
Year Founded
YearFounded
|
1973 | |
| CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1939000 | USD |
| CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-4633000 | USD |
| CY2016Q2 | dei |
Trading Symbol
TradingSymbol
|
STKL | |
| CY2016Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.12 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.11 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.11 | |
| CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3086000 | USD |
| CY2016Q2 | us-gaap |
Inventory Net
InventoryNet
|
357146000 | USD |
| CY2016Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
419156000 | USD |
| CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-9849000 | USD |
| CY2016Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
384000 | USD |
| CY2015Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-55000 | USD |
| CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10233000 | USD |
| CY2016Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
85439680 | shares |
| CY2016Q1 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
| CY2016Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
96000 | USD |
| CY2015Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
122000 | USD |
| CY2016Q2 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2016Q2 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000351834 | |
| CY2016Q2 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2016Q2 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2016Q2 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2016Q2 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
| CY2016Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
159773000 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2313000 | USD |
| CY2015Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5423000 | USD |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-9279000 | USD |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
5899000 | USD |
| CY2016Q2 | us-gaap |
Operating Cycle
OperatingCycle
|
The fiscal year of the Company consists of a 52- or 53-week period ending on the Saturday closest to December 31. Fiscal year 2016 is a 52-week period ending on December 31, 2016, with quarterly periods ending on April 2, July 2 and October 1, 2016. Fiscal year 2015 was a 52-week period ending on January 2, 2016, with quarterly periods ending on April 4, July 4 and October 3, 2015. | |
| CY2016Q2 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
-191000 | USD |
| CY2015Q2 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
-222000 | USD |
| CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1408000 | USD |
| CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
85417849 | shares |
| CY2016Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-4547000 | USD |
| CY2015Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-18851000 | USD |
| CY2016Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4738000 | USD |
| CY2015Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-19073000 | USD |
| CY2016Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
202444000 | USD |
| CY2016Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
198000 | USD |
| CY2016Q2 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD |
| CY2015Q2 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
812000 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
16837000 | USD |
| CY2015Q2 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
4669000 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9867000 | USD |
| CY2015Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
9674000 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
1031000 | USD |
| CY2015Q2 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-1486000 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-18170000 | USD |
| CY2015Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5194000 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
-1063000 | USD |
| CY2015Q2 | us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
4246000 | USD |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7768000 | USD |
| CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1939000 | USD |
| CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85425943 | shares |
| CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
85425943 | shares |
| CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67399642 | shares |
| CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
68268166 | shares |
| CY2015Q2 | stkl |
Segment Operating Income Loss
SegmentOperatingIncomeLoss
|
11541000 | USD |
| CY2016Q2 | stkl |
Segment Operating Income Loss
SegmentOperatingIncomeLoss
|
4663000 | USD |
| CY2016Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
2207000 | USD |
| CY2016Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
85509835 | shares |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
5954000 | USD |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-9663000 | USD |
| CY2015Q2 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
-196000 | USD |
| CY2016Q2 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
0 | USD |
| CY2016Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
|
-1993000 | USD |
| CY2015Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
125000 | USD |
| CY2015Q2 | us-gaap |
Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
|
-21000 | USD |
| CY2015Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | USD |
| CY2016Q2 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2016Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-04-02 | |
| CY2015Q2 | us-gaap |
Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
|
0 | USD |
| CY2016Q2 | us-gaap |
Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
|
-1735000 | USD |
| CY2015Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1616000 | USD |
| CY2016Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
112000 | USD |
| CY2016Q2 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
4110000 | USD |
| CY2015Q2 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
| CY2015Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
0 | USD |
| CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5475000 | USD |
| CY2015Q2 | us-gaap |
Revenues
Revenues
|
273949000 | USD |
| CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
5179000 | USD |
| CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5234000 | USD |
| CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
426179000 | USD |
| CY2016Q1 | us-gaap |
Inventory Net
InventoryNet
|
371223000 | USD |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2274000 | USD |
| CY2016Q2 | us-gaap |
Inventory Recall Expense
InventoryRecallExpense
|
1468000 | USD |
| CY2015Q2 | us-gaap |
Inventory Recall Expense
InventoryRecallExpense
|
0 | USD |
| CY2016Q1 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
312243000 | USD |
| CY2016Q2 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
305242000 | USD |
| CY2016Q2 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
400000 | USD |
| CY2016Q2 | us-gaap |
Debt Issuance Costs
DebtIssuanceCosts
|
3368000 | USD |
| CY2015Q2 | us-gaap |
Debt Issuance Costs
DebtIssuanceCosts
|
98000 | USD |
| CY2016Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
192677000 | USD |
| CY2015Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | USD |
| CY2016Q2 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
-1180000 | USD |
| CY2015Q2 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
738000 | USD |
| CY2016Q2 | stkl |
Cashandcashequivalentsdiscopsatcarryingvalue
Cashandcashequivalentsdiscopsatcarryingvalue
|
1288000 | USD |
| CY2015Q2 | stkl |
Cashandcashequivalentsdiscopsatcarryingvalue
Cashandcashequivalentsdiscopsatcarryingvalue
|
2083000 | USD |
| CY2015Q1 | stkl |
Cashandcashequivalentsdiscopsatcarryingvalue
Cashandcashequivalentsdiscopsatcarryingvalue
|
2170000 | USD |
| CY2016Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
24619000 | USD |
| CY2015Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
24133000 | USD |
| CY2016Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
25799000 | USD |
| CY2015Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
23395000 | USD |
| CY2015Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
|
-1345000 | USD |
| CY2016Q2 | stkl |
Discontinuedoperationgainlossfromdisposalofassetsheldforsale
Discontinuedoperationgainlossfromdisposalofassetsheldforsale
|
560000 | USD |
| CY2015Q2 | stkl |
Discontinuedoperationgainlossfromdisposalofassetsheldforsale
Discontinuedoperationgainlossfromdisposalofassetsheldforsale
|
0 | USD |
| CY2016Q2 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-599000 | USD |
| CY2015Q2 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-264000 | USD |
| CY2016Q2 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
59732000 | USD |
| CY2016Q2 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
800000 | USD |
| CY2016Q1 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
64330000 | USD |
| CY2016Q1 | stkl |
Current Liabilities Held For Sale
CurrentLiabilitiesHeldForSale
|
52486000 | USD |
| CY2016Q2 | stkl |
Current Liabilities Held For Sale
CurrentLiabilitiesHeldForSale
|
48597000 | USD |
| CY2016Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
-264000 | USD |
| CY2015Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
-361000 | USD |
| CY2015Q2 | stkl |
Exercise Of Warrants Value
ExerciseOfWarrantsValue
|
812000 | USD |
| CY2016Q2 | stkl |
Business Combination Settlement Of Pre Existing Relationship
BusinessCombinationSettlementOfPreExistingRelationship
|
0 | USD |
| CY2015Q2 | stkl |
Business Combination Settlement Of Pre Existing Relationship
BusinessCombinationSettlementOfPreExistingRelationship
|
-749000 | USD |
| CY2016Q2 | us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
0 | USD |
| CY2015Q2 | us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
18000000 | USD |
| CY2016Q1 | us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2021-02-10 | |
| CY2016Q1 | us-gaap |
Line Of Credit Facility Initiation Date1
LineOfCreditFacilityInitiationDate1
|
2016-02-11 | |
| CY2016Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.25 | pure |
| CY2015Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.339 | pure |
| CY2016Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-834000 | USD |
| CY2015Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-1081000 | USD |
| CY2016Q1 | stkl |
Cashandcashequivalentsdiscopsatcarryingvalue
Cashandcashequivalentsdiscopsatcarryingvalue
|
1707000 | USD |
| CY2016Q2 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
| CY2016Q2 | stkl |
Acquisitionaccountingadjustmentoninventorysold
Acquisitionaccountingadjustmentoninventorysold
|
7626000 | USD |
| CY2015Q2 | stkl |
Acquisitionaccountingadjustmentoninventorysold
Acquisitionaccountingadjustmentoninventorysold
|
0 | USD |
| CY2016Q2 | stkl |
Businesscombinationworkingcapitaladjustment
Businesscombinationworkingcapitaladjustment
|
0 | USD |
| CY2015Q2 | stkl |
Businesscombinationworkingcapitaladjustment
Businesscombinationworkingcapitaladjustment
|
319000 | USD |
