FREDS INC: 10-Q filed 2016-09-08
What FREDS INC reported in its quarterly report filed 2016-09-08 (fiscal Q2 2016): 32 published measures, 92 facts as tagged in accession 0001615774-16-007100.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2016-09-08
- Fiscal period
- fiscal Q2 2016
- Accession
- 0001615774-16-007100 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 FREDS INC 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 2016-07-30 | 730,381,000 | USD | |
| At 2016-01-30 | 730,512,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-07-30 | 334,585,000 | USD | |
| At 2016-01-30 | 326,301,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-07-30 | 395,796,000 | USD | |
| At 2016-01-30 | 404,211,000 | 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 2016-07-30 | 6,181,000 | USD | |
| At 2016-01-30 | 5,917,000 | USD | |
| At 2015-08-01 | 6,964,000 | USD | |
| At 2015-01-31 | 6,440,000 | 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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | -6,928,000 | USD | 91 |
| 2016-01-31 to 2016-07-30 | -5,672,000 | USD | 182 |
| 2015-05-03 to 2015-08-01 | -4,877,000 | USD | 91 |
| 2015-02-01 to 2015-08-01 | -4,906,000 | USD | 182 |
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 2016-07-30 | 283,989,000 | USD | |
| At 2016-01-30 | 294,140,000 | 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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | 36,760 | shares | 91 |
| 2016-01-31 to 2016-07-30 | 36,747 | shares | 182 |
| 2015-05-03 to 2015-08-01 | 36,676 | shares | 91 |
| 2015-02-01 to 2015-08-01 | 36,586 | shares | 182 |
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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | 36,760 | shares | 91 |
| 2016-01-31 to 2016-07-30 | 36,747 | shares | 182 |
| 2015-05-03 to 2015-08-01 | 36,676 | shares | 91 |
| 2015-02-01 to 2015-08-01 | 36,586 | shares | 182 |
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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | -0.18 | USD/shares | 91 |
| 2016-01-31 to 2016-07-30 | -0.15 | USD/shares | 182 |
| 2015-05-03 to 2015-08-01 | -0.13 | USD/shares | 91 |
| 2015-02-01 to 2015-08-01 | -0.13 | USD/shares | 182 |
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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | -0.18 | USD/shares | 91 |
| 2016-01-31 to 2016-07-30 | -0.15 | USD/shares | 182 |
| 2015-05-03 to 2015-08-01 | -0.13 | USD/shares | 91 |
| 2015-02-01 to 2015-08-01 | -0.13 | USD/shares | 182 |
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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | -4,590,000 | USD | 91 |
| 2016-01-31 to 2016-07-30 | -3,933,000 | USD | 182 |
| 2015-05-03 to 2015-08-01 | -3,350,000 | USD | 91 |
| 2015-02-01 to 2015-08-01 | -3,508,000 | USD | 182 |
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 2016-07-30 | 138,649,000 | USD | |
| At 2016-01-30 | 138,993,000 | 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 |
|---|---|---|---|
| 2016-01-31 to 2016-07-30 | 1,496,000 | USD | 182 |
| 2015-02-01 to 2015-08-01 | 928,000 | USD | 182 |
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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | -10,908,000 | USD | 91 |
| 2016-01-31 to 2016-07-30 | -8,480,000 | USD | 182 |
| 2015-05-03 to 2015-08-01 | -7,778,000 | USD | 91 |
| 2015-02-01 to 2015-08-01 | -7,703,000 | USD | 182 |
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 2016-07-30 | 453,094,000 | USD | |
| At 2016-01-30 | 451,361,000 | 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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | 610,000 | USD | 91 |
| 2016-01-31 to 2016-07-30 | 1,125,000 | USD | 182 |
| 2015-05-03 to 2015-08-01 | 449,000 | USD | 91 |
| 2015-02-01 to 2015-08-01 | 711,000 | USD | 182 |
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 2016-07-30 | 204,287,000 | USD | |
| At 2016-01-30 | 241,352,000 | 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 2016-07-30 | 145,390,000 | USD | |
| At 2016-01-30 | 184,657,000 | 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 2016-07-30 | 41,490,000 | USD | |
| At 2016-01-30 | 41,490,000 | 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 2016-07-30 | 346,354,000 | USD | |
| At 2016-01-30 | 340,730,000 | 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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | 128,138,000 | USD | 91 |
| 2016-01-31 to 2016-07-30 | 269,460,000 | USD | 182 |
| 2015-05-03 to 2015-08-01 | 131,917,000 | USD | 91 |
| 2015-02-01 to 2015-08-01 | 269,008,000 | USD | 182 |
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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | 127,285,000 | USD | 91 |
| 2016-01-31 to 2016-07-30 | 254,616,000 | USD | 182 |
| 2015-05-03 to 2015-08-01 | 128,187,000 | USD | 91 |
| 2015-02-01 to 2015-08-01 | 254,321,000 | USD | 182 |
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 2016-07-30 | 475,000 | USD | |
| At 2016-04-30 | 475,000 | USD | |
| At 2016-01-30 | 475,000 | USD | |
| At 2015-08-01 | 570,000 | USD | |
| At 2015-05-02 | 570,000 | USD | |
| At 2015-01-31 | 570,000 | 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 2016-07-30 | 1,515,000 | USD | |
| At 2016-01-30 | 1,515,000 | 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 2016-07-30 | 19,694,000 | USD | |
| At 2016-01-30 | 22,698,000 | 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 2016-07-30 | 58,839,000 | USD | |
| At 2016-01-30 | 56,074,000 | 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 2016-07-30 | 10,428,000 | USD | |
| At 2016-01-30 | 11,494,000 | 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 |
|---|---|---|---|
| 2016-05-01 to 2016-07-30 | -6,928,000 | USD | 91 |
| 2016-01-31 to 2016-07-30 | -5,672,000 | USD | 182 |
| 2015-05-03 to 2015-08-01 | -4,877,000 | USD | 91 |
| 2015-02-01 to 2015-08-01 | -4,906,000 | USD | 182 |
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 |
|---|---|---|---|
| 2016-01-31 to 2016-07-30 | 23,324,000 | USD | 182 |
| 2015-02-01 to 2015-08-01 | 22,390,000 | USD | 182 |
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 |
|---|---|---|---|
| 2016-01-31 to 2016-07-30 | -4,343,000 | USD | 182 |
| 2015-02-01 to 2015-08-01 | -3,511,000 | USD | 182 |
Income taxes paid, net
Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-31 to 2016-07-30 | -2,472,000 | USD | 182 |
| 2015-02-01 to 2015-08-01 | 3,849,000 | USD | 182 |
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 |
|---|---|---|---|
| 2016-01-31 to 2016-07-30 | 6,711,000 | USD | 182 |
| 2015-02-01 to 2015-08-01 | 9,189,000 | USD | 182 |
Inspect the source
- Entity
- FREDS INC / CIK 0000724571
- Captured
- SEC response SHA-256
27360bb1ea325e66906e321f6bf5bada745618a2d3120ad36d24f99e5687a590
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/0000724571.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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