PURE CYCLE CORPORATION: 10-Q filed 2019-07-08

Name: PURE CYCLE CORPORATION: 10-Q filed 2019-07-08
Creator: PURE CYCLE CORPORATION

What PURE CYCLE CORPORATION reported in its quarterly report filed 2019-07-08 (fiscal Q3 2019): 43 published measures, 118 facts as tagged in accession 0001140361-19-012510.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-07-08
Fiscal period: fiscal Q3 2019
Accession: 0001140361-19-012510 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All PURE CYCLE CORPORATION 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 2019-05-31	76,839,973	USD
At 2018-08-31	71,906,615	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2019-05-31	5,268,562	USD
At 2018-08-31	2,453,396	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2019-05-31	71,571,411	USD
At 2019-02-28	70,213,975	USD
At 2018-08-31	69,453,219	USD
At 2018-05-31	69,006,840	USD
At 2018-02-28	68,827,995	USD
At 2017-08-31	67,506,099	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 2019-05-31	3,581,310	USD
At 2018-08-31	11,565,038	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
2019-03-01 to 2019-05-31	1,261,371	USD	92
2018-09-01 to 2019-05-31	1,799,318	USD	273
2018-03-01 to 2018-05-31	54,601	USD	92
2017-09-01 to 2018-05-31	58,153	USD	273

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
2018-09-01 to 2019-05-31	-2,741,999	USD	273
2017-09-01 to 2018-05-31	-1,356,272	USD	273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2019-03-01 to 2019-05-31	5,184,663	USD	92
2018-09-01 to 2019-05-31	10,887,631	USD	273
2018-03-01 to 2018-05-31	1,212,119	USD	92
2017-09-01 to 2018-05-31	3,066,911	USD	273

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
2018-09-01 to 2019-05-31	108,848	USD	273
2017-09-01 to 2018-05-31	288,352	USD	273

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
2018-09-01 to 2019-05-31	-5,350,577	USD	273
2017-09-01 to 2018-05-31	-1,631,751	USD	273

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 2019-05-31	-100,724,853	USD
At 2018-08-31	-102,524,171	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
2019-03-01 to 2019-05-31	23,801,598	shares	92
2018-09-01 to 2019-05-31	23,791,320	shares	273
2018-03-01 to 2018-05-31	23,764,098	shares	92
2017-09-01 to 2018-05-31	23,759,654	shares	273

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
2019-03-01 to 2019-05-31	24,003,242	shares	92
2018-09-01 to 2019-05-31	23,998,254	shares	273
2018-03-01 to 2018-05-31	23,955,046	shares	92
2017-09-01 to 2018-05-31	23,913,863	shares	273

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
2019-03-01 to 2019-05-31	0.05	USD/shares	92
2018-09-01 to 2019-05-31	0.08	USD/shares	273

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
2019-03-01 to 2019-05-31	0.05	USD/shares	92
2018-09-01 to 2019-05-31	0.07	USD/shares	273

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	Unit	Days
2019-03-01 to 2019-05-31	USD	92
2018-09-01 to 2019-05-31	USD	273
2018-03-01 to 2018-05-31	USD	92
2017-09-01 to 2018-05-31	USD	273

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 2019-05-31	43,614,590	USD
At 2018-08-31	36,721,884	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
2019-03-01 to 2019-05-31	96,100	USD	92
2018-09-01 to 2019-05-31	257,813	USD	273
2018-03-01 to 2018-05-31	83,600	USD	92
2017-09-01 to 2018-05-31	241,209	USD	273

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
2019-03-01 to 2019-05-31	1,158,831	USD	92
2018-09-01 to 2019-05-31	1,402,222	USD	273
2018-03-01 to 2018-05-31	-87,798	USD	92
2017-09-01 to 2018-05-31	-302,201	USD	273

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 2019-05-31	25,692,380	USD
At 2018-08-31	27,918,218	USD

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 2019-05-31	4,916,951	USD
At 2018-08-31	2,053,983	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 2019-05-31	461,830	USD
At 2018-08-31	787,662	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2019-05-31	594,249	USD
At 2018-08-31	1,067,268	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 2019-05-31	12,693,514	USD
At 2018-08-31	5,195,059	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
2019-03-01 to 2019-05-31	1,922,361	USD	92
2018-09-01 to 2019-05-31	3,542,598	USD	273
2018-03-01 to 2018-05-31	617,077	USD	92
2017-09-01 to 2018-05-31	1,697,279	USD	273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2019-03-01 to 2019-05-31	3,262,302	USD	92
2018-09-01 to 2019-05-31	7,345,033	USD	273
2018-03-01 to 2018-05-31	595,042	USD	92
2017-09-01 to 2018-05-31	1,369,632	USD	273

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 2019-05-31	23,801,598	shares
At 2018-08-31	23,764,098	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2019-05-31	3,581,310	USD
At 2018-08-31	11,565,038	USD
At 2018-05-31	2,876,152	USD
At 2017-08-31	5,575,823	USD

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 2019-05-31	172,203,831	USD
At 2018-08-31	171,831,293	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2019-05-31	12,656	USD
At 2018-08-31	66,446	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 2019-05-31	47,269,100	USD
At 2018-08-31	39,735,200	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 2019-05-31	3,654,500	USD
At 2018-08-31	3,013,300	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2019-05-31	1,007,458	USD
At 2018-08-31	777,734	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 2019-05-31	2,627,069	USD
At 2018-08-31	849,538	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2019-05-31	2,634,164	USD
At 2018-08-31	1,372,886	USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

Period	Value	Unit	Days
At 2019-05-31	1,631,797	USD
At 2018-08-31	361,050	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2019-03-01 to 2019-05-31	1,261,340	USD	92
2018-09-01 to 2019-05-31	1,745,528	USD	273
2018-03-01 to 2018-05-31	95,214	USD	92
2017-09-01 to 2018-05-31	129,483	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2019-03-01 to 2019-05-31	665,684	USD	92
2018-09-01 to 2019-05-31	1,864,125	USD	273
2018-03-01 to 2018-05-31	635,502	USD	92
2017-09-01 to 2018-05-31	1,816,110	USD	273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2019-03-01 to 2019-05-31	322,700	USD	92
2018-09-01 to 2019-05-31	812,700	USD	273
2018-03-01 to 2018-05-31	211,000	USD	92
2017-09-01 to 2018-05-31	554,700	USD	273

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
2018-09-01 to 2019-05-31	813,960	USD	273
2017-09-01 to 2018-05-31	559,975	USD	273

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
2019-03-01 to 2019-05-31	-2,642	USD	92
2018-09-01 to 2019-05-31	-4,617	USD	273
2018-03-01 to 2018-05-31	-1,674	USD	92
2017-09-01 to 2018-05-31	-5,456	USD	273

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2018-09-01 to 2019-05-31	114,850	USD	273
2017-09-01 to 2018-05-31	75,000	USD	273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2018-09-01 to 2019-05-31	-504,252	USD	273
2017-09-01 to 2018-05-31	530,530	USD	273

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
2018-09-01 to 2019-05-31	5,306,880	USD	273
2017-09-01 to 2018-05-31	382,554	USD	273

Inspect the source

Entity: PURE CYCLE CORPORATION / CIK 0000276720
Captured: 2026-09-19T14:55:34.866Z
SEC response SHA-256: 273afbe0652bac1dd0e8c99a94a7e58dc18e45b8a90e253090c75340d30662db

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
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with urlopen("https://canlicapital.com/company-data/0000276720.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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