LUB Liquidating Trust: 10-K filed 2017-11-13
What LUB Liquidating Trust reported in its annual report filed 2017-11-13 (fiscal FY 2017): 40 published measures, 129 facts as tagged in accession 0000016099-17-000106.
This filing
- Form
- 10-K (annual report)
- Filed
- 2017-11-13
- Fiscal period
- fiscal FY 2017
- Accession
- 0000016099-17-000106 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All LUB Liquidating Trust filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 226,457,000 | USD | |
| At 2016-08-31 | 252,225,000 | USD | |
| At 2015-08-26 | 264,258,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 82,405,000 | USD | |
| At 2016-08-31 | 86,472,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 144,052,000 | USD | |
| At 2016-08-31 | 165,753,000 | USD | |
| At 2015-08-26 | 174,659,000 | USD | |
| At 2014-08-27 | 175,024,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 1,096,000 | USD | |
| At 2016-08-31 | 1,339,000 | USD | |
| At 2015-08-26 | 1,501,000 | USD | |
| At 2014-08-27 | 2,788,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-06-08 to 2017-08-30 | -4,101,000 | USD | 84 |
| 2016-09-01 to 2017-08-30 | -23,262,000 | USD | 364 |
| 2017-03-16 to 2017-06-07 | -396,000 | USD | 84 |
| 2016-12-22 to 2017-03-15 | -13,179,000 | USD | 84 |
| 2016-09-01 to 2016-12-21 | -5,586,000 | USD | 112 |
| 2016-06-02 to 2016-08-31 | -7,802,000 | USD | 91 |
| 2015-08-27 to 2016-08-31 | -10,346,000 | USD | 371 |
| 2016-03-10 to 2016-06-01 | -134,000 | USD | 84 |
| 2015-12-17 to 2016-03-09 | -599,000 | USD | 84 |
| 2015-08-27 to 2015-12-16 | -1,811,000 | USD | 112 |
| 2014-08-28 to 2015-08-26 | -2,074,000 | USD | 364 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 9,640,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 13,859,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 10,316,000 | USD | 364 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 12,502,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 18,253,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 20,378,000 | USD | 364 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | -6,667,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | -579,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | -4,560,000 | USD | 364 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | -3,216,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | -13,442,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | -7,043,000 | USD | 364 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 107,497,000 | USD | |
| At 2016-08-31 | 130,759,000 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 29,476,000 | shares | 364 |
| 2015-08-27 to 2016-08-31 | 29,226,000 | shares | 371 |
| 2014-08-28 to 2015-08-26 | 28,974,000 | shares | 364 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 29,476,000 | shares | 364 |
| 2015-08-27 to 2016-08-31 | 29,226,000 | shares | 371 |
| 2014-08-28 to 2015-08-26 | 28,974,000 | shares | 364 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-06-08 to 2017-08-30 | -0.14 | USD/shares | 84 |
| 2016-09-01 to 2017-08-30 | -0.79 | USD/shares | 364 |
| 2017-03-16 to 2017-06-07 | -0.01 | USD/shares | 84 |
| 2016-12-22 to 2017-03-15 | -0.45 | USD/shares | 84 |
| 2016-09-01 to 2016-12-21 | -0.19 | USD/shares | 112 |
| 2016-06-02 to 2016-08-31 | -0.27 | USD/shares | 91 |
| 2015-08-27 to 2016-08-31 | -0.35 | USD/shares | 371 |
| 2016-03-10 to 2016-06-01 | 0 | USD/shares | 84 |
| 2015-12-17 to 2016-03-09 | -0.02 | USD/shares | 84 |
| 2015-08-27 to 2015-12-16 | -0.06 | USD/shares | 112 |
| 2014-08-28 to 2015-08-26 | -0.07 | USD/shares | 364 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-06-08 to 2017-08-30 | -0.14 | USD/shares | 84 |
| 2016-09-01 to 2017-08-30 | -0.79 | USD/shares | 364 |
| 2017-03-16 to 2017-06-07 | -0.01 | USD/shares | 84 |
| 2016-12-22 to 2017-03-15 | -0.45 | USD/shares | 84 |
| 2016-09-01 to 2016-12-21 | -0.19 | USD/shares | 112 |
| 2016-06-02 to 2016-08-31 | -0.27 | USD/shares | 91 |
| 2015-08-27 to 2016-08-31 | -0.35 | USD/shares | 371 |
| 2016-03-10 to 2016-06-01 | 0 | USD/shares | 84 |
| 2015-12-17 to 2016-03-09 | -0.02 | USD/shares | 84 |
| 2015-08-27 to 2015-12-16 | -0.06 | USD/shares | 112 |
| 2014-08-28 to 2015-08-26 | -0.07 | USD/shares | 364 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 2,438,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 4,875,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | -1,076,000 | USD | 364 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 172,814,000 | USD | |
| At 2016-08-31 | 193,218,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 1,561,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 1,477,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 1,514,000 | USD | 364 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | -17,469,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | -3,324,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | -880,000 | USD | 364 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 16,991,000 | USD | |
| At 2016-08-31 | 15,542,000 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 2,443,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 2,247,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 2,337,000 | USD | 364 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 44,380,000 | USD | |
| At 2016-08-31 | 41,703,000 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 15,937,000 | USD | |
| At 2016-08-31 | 17,539,000 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 1,068,000 | USD | |
| At 2016-08-31 | 1,605,000 | USD |
Net finite-lived intangible assets
Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 19,640,000 | USD | |
| At 2016-08-31 | 21,074,000 | USD |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 4,453,000 | USD | |
| At 2016-08-31 | 4,596,000 | USD |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 50,102,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 62,532,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 58,671,000 | USD | 364 |
Selling, general and administrative expense
Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 37,878,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 42,422,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 38,759,000 | USD | 364 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 29,124,083 | shares | |
| At 2016-08-31 | 28,940,041 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 31,850,000 | USD | |
| At 2016-08-31 | 30,348,000 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 317,538,000 | USD | |
| At 2016-08-31 | 324,105,000 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 144,724,000 | USD | |
| At 2016-08-31 | 130,887,000 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 19,640,000 | USD | |
| At 2016-08-31 | 21,074,000 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 7,311,000 | USD | |
| At 2016-08-31 | 7,752,000 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 28,076,000 | USD | |
| At 2016-08-31 | 23,752,000 | USD |
Net deferred tax assets
Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-08-30 | 9,698,000 | USD | |
| At 2016-08-31 | 12,072,000 | USD |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 20,438,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 21,906,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 21,431,000 | USD | 364 |
Amortization of intangible assets
Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 1,400,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 1,400,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 1,400,000 | USD | 364 |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | -454,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 186,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | 521,000 | USD | 364 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | 2,025,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 4,665,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | -1,662,000 | USD | 364 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-09-01 to 2017-08-30 | -143,000 | USD | 364 |
| 2015-08-27 to 2016-08-31 | 616,000 | USD | 371 |
| 2014-08-28 to 2015-08-26 | -1,073,000 | USD | 364 |
Inspect the source
- Entity
- LUB Liquidating Trust / CIK 0000016099
- Captured
- SEC response SHA-256
ecc789c5646c4bb6b341a4fb70901f4c950565e98946eee47a0b43d67ea48d9c
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000016099.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))