$WMK
WEIS MARKETS INC

2022 Q3 Form 10-Q Financial Statement

#000010541822000028 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $1.151B $1.135B $1.104B
YoY Change 8.19% 8.39% 9.71%
Cost Of Revenue $862.9M $843.0M $810.4M
YoY Change 10.58% 10.03% 9.66%
Gross Profit $287.6M $292.2M $293.7M
YoY Change 1.59% 3.92% 9.83%
Gross Profit Margin 25.0% 25.74% 26.6%
Selling, General & Admin $254.0M $243.8M $252.3M
YoY Change 4.02% 3.47% 7.08%
% of Gross Profit 88.3% 83.44% 85.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.09M $25.88M $25.63M
YoY Change 0.51% 0.04% 1.06%
% of Gross Profit 9.07% 8.86% 8.73%
Operating Expenses $254.0M $243.8M $252.3M
YoY Change 4.02% 3.47% 7.12%
Operating Profit $33.66M $48.41M $41.41M
YoY Change -13.63% 6.25% 30.09%
Interest Expense -$1.483M -$1.030M -$881.0K
YoY Change -343.91% -148.13% -155.06%
% of Operating Profit -4.41% -2.13% -2.13%
Other Income/Expense, Net $1.214M $2.085M $1.505M
YoY Change -402.74% -213.87% -294.19%
Pretax Income $33.39M $49.46M $42.04M
YoY Change -14.77% 7.83% 28.67%
Income Tax $4.731M $13.19M $10.65M
% Of Pretax Income 14.17% 26.68% 25.33%
Net Earnings $28.66M $36.27M $31.39M
YoY Change 0.53% 8.35% 29.41%
Net Earnings / Revenue 2.49% 3.19% 2.84%
Basic Earnings Per Share $1.07 $1.35 $1.17
Diluted Earnings Per Share $1.07 $1.35 $1.17
COMMON SHARES
Basic Shares Outstanding 26.90M 26.90M 26.90M
Diluted Shares Outstanding 26.90M 26.90M 26.90M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $315.7M $300.1M $291.8M
YoY Change 8.86% 16.87% 35.15%
Cash & Equivalents $144.6M $70.68M $93.09M
Short-Term Investments $171.1M $229.4M $198.8M
Other Short-Term Assets $33.50M $28.93M $29.61M
YoY Change 14.55% 9.95% 15.68%
Inventory $300.1M $303.4M $285.4M
Prepaid Expenses
Receivables $53.41M $50.08M $47.31M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $724.2M $705.3M $678.6M
YoY Change 11.6% 14.78% 15.61%
LONG-TERM ASSETS
Property, Plant & Equipment $963.5M $962.5M $954.5M
YoY Change 0.75% 1.74% 2.36%
Goodwill $52.33M $52.33M $52.33M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $1.217B $1.221B $1.218B
YoY Change -0.54% 0.83% 1.7%
TOTAL ASSETS
Total Short-Term Assets $724.2M $705.3M $678.6M
Total Long-Term Assets $1.217B $1.221B $1.218B
Total Assets $1.941B $1.926B $1.897B
YoY Change 3.66% 5.53% 6.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $206.5M $206.1M $193.2M
YoY Change 4.46% 10.24% 4.71%
Accrued Expenses $52.54M $48.21M $49.04M
YoY Change 17.72% 23.0% 38.55%
Deferred Revenue $8.114M $8.007M $8.505M
YoY Change 6.96% 8.26% 7.02%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $344.7M $341.4M $328.8M
YoY Change 5.43% 10.9% 10.32%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $8.724M $5.494M $4.535M
YoY Change -34.42% -51.12% -51.06%
Total Long-Term Liabilities $8.724M $5.494M $4.535M
YoY Change -34.42% -51.12% -51.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $344.7M $341.4M $328.8M
Total Long-Term Liabilities $8.724M $5.494M $4.535M
Total Liabilities $659.6M $663.3M $659.5M
YoY Change -0.88% 3.82% 5.74%
SHAREHOLDERS EQUITY
Retained Earnings $1.429B $1.409B $1.382B
YoY Change 6.28% 6.39% 6.32%
Common Stock $9.949M $9.949M $9.949M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.281B $1.263B $1.237B
YoY Change
Total Liabilities & Shareholders Equity $1.941B $1.926B $1.897B
YoY Change 3.66% 5.53% 6.28%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $28.66M $36.27M $31.39M
YoY Change 0.53% 8.35% 29.41%
Depreciation, Depletion And Amortization $26.09M $25.88M $25.63M
YoY Change 0.51% 0.04% 1.06%
Cash From Operating Activities $57.92M $49.91M $34.48M
YoY Change -29.59% -41.24% 130.84%
INVESTING ACTIVITIES
Capital Expenditures -$30.79M -$34.65M $18.79M
YoY Change -24.08% -14.8% -49.27%
Acquisitions
YoY Change
Other Investing Activities $55.40M -$29.07M $13.00K
YoY Change -2863.24% -810.24% -100.27%
Cash From Investing Activities $24.62M -$63.72M -$18.83M
YoY Change -157.84% 74.22% -55.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.608M -8.607M -8.608M
YoY Change 3.23% 2.75% 3.23%
NET CHANGE
Cash From Operating Activities 57.92M 49.91M 34.48M
Cash From Investing Activities 24.62M -63.72M -18.83M
Cash From Financing Activities -8.608M -8.607M -8.608M
Net Change In Cash 73.93M -22.41M 7.044M
YoY Change 135.71% -156.04% -119.9%
FREE CASH FLOW
Cash From Operating Activities $57.92M $49.91M $34.48M
Capital Expenditures -$30.79M -$34.65M $18.79M
Free Cash Flow $88.71M $84.56M $15.69M
YoY Change -27.77% -32.68% -170.96%

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CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2022Q2 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
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CY2021Q2 us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
VariableLeaseCost
5587000
us-gaap Variable Lease Cost
VariableLeaseCost
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CY2022Q2 us-gaap Sublease Income
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CY2021Q2 us-gaap Sublease Income
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us-gaap Sublease Income
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CY2022Q2 us-gaap Lease Cost
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CY2021Q2 us-gaap Lease Cost
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us-gaap Lease Cost
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24402000
us-gaap Lease Cost
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22843000

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