LIFEWAY FOODS, INC.: 10-Q filed 2014-08-11

Name: LIFEWAY FOODS, INC.: 10-Q filed 2014-08-11
Creator: LIFEWAY FOODS, INC.

What LIFEWAY FOODS, INC. reported in its quarterly report filed 2014-08-11 (fiscal Q2 2014): 39 published measures, 122 facts as tagged in accession 0001072613-14-000326.

This filing

Form: 10-Q (quarterly report)
Filed: 2014-08-11
Fiscal period: fiscal Q2 2014
Accession: 0001072613-14-000326 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 LIFEWAY FOODS, 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
At 2014-06-30	63,936,943	USD
At 2013-12-31	63,673,801	USD
At 2013-06-30	59,469,294	USD

Total liabilities

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

Period	Value	Unit
At 2014-06-30	19,199,181	USD
At 2013-12-31	20,724,679	USD
At 2013-06-30	17,775,907	USD

Stockholders equity

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

Period	Value	Unit
At 2014-06-30	44,737,762	USD
At 2013-12-31	42,949,122	USD
At 2013-06-30	41,693,387	USD
At 2012-12-31	39,312,469	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
At 2014-06-30	2,869,638	USD
At 2013-12-31	3,306,608	USD
At 2013-06-30	4,939,948	USD
At 2012-12-31	2,286,226	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
2014-04-01 to 2014-06-30	1,094,416	USD	91
2014-01-01 to 2014-06-30	1,754,595	USD	181
2013-01-01 to 2013-12-31	4,990,298	USD	365
2013-04-01 to 2013-06-30	1,403,940	USD	91
2013-01-01 to 2013-06-30	3,769,579	USD	181

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
2014-01-01 to 2014-06-30	1,761,401	USD	181
2013-01-01 to 2013-06-30	547,819	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit
At 2014-06-30	44,341,809	USD
At 2013-12-31	42,587,214	USD
At 2013-06-30	41,366,495	USD

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
2014-04-01 to 2014-06-30	382,768	USD	91
2014-01-01 to 2014-06-30	718,229	USD	181
2013-04-01 to 2013-06-30	1,145,478	USD	91
2013-01-01 to 2013-06-30	2,556,671	USD	181

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
At 2014-06-30	21,494,127	USD
At 2013-12-31	20,824,448	USD
At 2013-06-30	14,718,760	USD

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
2014-04-01 to 2014-06-30	1,524,972	USD	91
2014-01-01 to 2014-06-30	2,552,174	USD	181
2013-04-01 to 2013-06-30	2,485,658	USD	91
2013-01-01 to 2013-06-30	6,216,175	USD	181

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
At 2014-06-30	24,677,202	USD
At 2013-12-31	24,750,821	USD
At 2013-06-30	26,294,882	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
2014-04-01 to 2014-06-30	66,724	USD	91
2014-01-01 to 2014-06-30	132,293	USD	181
2013-04-01 to 2013-06-30	37,424	USD	91
2013-01-01 to 2013-06-30	73,723	USD	181

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
At 2014-06-30	8,248,307	USD
At 2013-12-31	8,882,241	USD
At 2013-06-30	10,030,806	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
At 2014-06-30	6,471,442	USD
At 2013-12-31	6,723,179	USD
At 2013-06-30	7,166,377	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
At 2014-06-30	3,417,602	USD
At 2013-12-31	3,750,441	USD
At 2013-06-30	4,107,561	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
At 2014-06-30	9,538,188	USD
At 2013-12-31	10,444,839	USD
At 2013-06-30	9,911,305	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2014-04-01 to 2014-06-30	5,979,937	USD	91
2014-01-01 to 2014-06-30	12,019,175	USD	181
2013-04-01 to 2013-06-30	5,112,058	USD	91
2013-01-01 to 2013-06-30	9,825,462	USD	181

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
At 2014-06-30	6,810,541	USD
At 2013-12-31	6,899,008	USD
At 2013-06-30	7,807,150	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
2014-04-01 to 2014-06-30	7,504,909	USD	91
2014-01-01 to 2014-06-30	14,571,349	USD	181
2013-04-01 to 2013-06-30	7,597,716	USD	91
2013-01-01 to 2013-06-30	16,041,637	USD	181

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 2014-06-30	16,346,017	shares
At 2013-06-30	16,346,017	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
At 2014-06-30	2,032,516	USD
At 2013-12-31	2,032,516	USD
At 2013-06-30	2,032,516	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
At 2014-06-30	41,852	USD
At 2013-12-31	7,807	USD
At 2013-06-30	-27,209	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit
At 2014-06-30	9,432,793	USD
At 2013-12-31	9,874,014	USD
At 2013-06-30	5,271,966	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
At 2014-06-30	39,613,231	USD
At 2013-12-31	37,932,314	USD
At 2013-06-30	31,186,417	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
At 2014-06-30	18,119,104	USD
At 2013-12-31	17,107,866	USD
At 2013-06-30	16,467,657	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
At 2014-06-30	899,803	USD
At 2013-12-31	1,284,060	USD
At 2013-06-30	1,094,820	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
At 2014-06-30	13,612	USD
At 2013-12-31	128,323	USD
At 2013-06-30	31,797	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2014-04-01 to 2014-06-30	1,477,184	USD	91
2014-01-01 to 2014-06-30	2,472,824	USD	181
2013-04-01 to 2013-06-30	2,549,418	USD	91
2013-01-01 to 2013-06-30	6,326,250	USD	181

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
2014-04-01 to 2014-06-30	1,123,134	USD	91
2014-01-01 to 2014-06-30	1,788,640	USD	181
2013-04-01 to 2013-06-30	1,307,955	USD	91
2013-01-01 to 2013-06-30	3,688,779	USD	181

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
2014-04-01 to 2014-06-30	2,107,197	USD	91
2014-01-01 to 2014-06-30	4,487,827	USD	181
2013-04-01 to 2013-06-30	2,057,581	USD	91
2013-01-01 to 2013-06-30	3,955,425	USD	181

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
2014-01-01 to 2014-06-30	1,011,238	USD	181
2013-01-01 to 2013-06-30	815,832	USD	181

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
2014-01-01 to 2014-06-30	1,369,077	USD	181
2013-01-01 to 2013-06-30	1,171,515	USD	181

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
2014-04-01 to 2014-06-30	178,919	USD	91
2014-01-01 to 2014-06-30	357,839	USD	181
2013-04-01 to 2013-06-30	177,842	USD	91
2013-01-01 to 2013-06-30	355,683	USD	181

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
2014-04-01 to 2014-06-30	-47,788	USD	91
2014-01-01 to 2014-06-30	-79,350	USD	181
2013-04-01 to 2013-06-30	63,760	USD	91
2013-01-01 to 2013-06-30	110,075	USD	181

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2014-01-01 to 2014-06-30	1,158,514	USD	181
2013-01-01 to 2013-06-30	2,660,804	USD	181

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
2014-01-01 to 2014-06-30	-440,285	USD	181
2013-01-01 to 2013-06-30	-104,133	USD	181

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
2014-01-01 to 2014-06-30	-728,281	USD	181
2013-01-01 to 2013-06-30	1,211,015	USD	181

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
2014-01-01 to 2014-06-30	-88,467	USD	181
2013-01-01 to 2013-06-30	1,867,964	USD	181

Change in accounts payable

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

Period	Value	Unit	Days
2014-01-01 to 2014-06-30	-1,972,157	USD	181
2013-01-01 to 2013-06-30	2,909,652	USD	181

Inspect the source

Entity: LIFEWAY FOODS, INC. / CIK 0000814586
Captured: 2026-09-19T15:06:48.755Z
SEC response SHA-256: 697426efc7135b586051e6291fa2b752f6ae8bef12602d3cada6f1c621e21df2

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000814586.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"])))