Cumberland Pharmaceuticals Inc.: 10-Q filed 2018-08-14

Name: Cumberland Pharmaceuticals Inc.: 10-Q filed 2018-08-14
Creator: Cumberland Pharmaceuticals Inc.

What Cumberland Pharmaceuticals Inc. reported in its quarterly report filed 2018-08-14 (fiscal Q2 2018): 39 published measures, 106 facts as tagged in accession 0001628280-18-011131.

This filing

Form: 10-Q (quarterly report)
Filed: 2018-08-14
Fiscal period: fiscal Q2 2018
Accession: 0001628280-18-011131 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 Cumberland Pharmaceuticals 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 2018-06-30	90,444,641	USD
At 2017-12-31	93,232,312	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-06-30	30,774,191	USD
At 2017-12-31	29,310,711	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2018-06-30	59,906,724	USD
At 2017-12-31	64,120,163	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 2018-06-30	35,906,655	USD
At 2017-12-31	45,412,868	USD
At 2017-06-30	34,616,105	USD
At 2016-12-31	34,510,330	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
2018-04-01 to 2018-06-30	-720,688	USD	91
2018-01-01 to 2018-06-30	-3,099,927	USD	181
2017-04-01 to 2017-06-30	-5,160,611	USD	91
2017-01-01 to 2017-06-30	-6,435,057	USD	181

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
2018-01-01 to 2018-06-30	1,029,675	USD	181
2017-01-01 to 2017-06-30	-1,090,995	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
2018-01-01 to 2018-06-30	131,684	USD	181
2017-01-01 to 2017-06-30	143,150	USD	181

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
2018-01-01 to 2018-06-30	201,602	USD	181
2017-01-01 to 2017-06-30	809,329	USD	181

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
2018-01-01 to 2018-06-30	-10,737,490	USD	181
2017-01-01 to 2017-06-30	387,441	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	Days
At 2018-06-30	8,609,295	USD
At 2017-12-31	11,709,222	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
2018-04-01 to 2018-06-30	15,674,954	shares	91
2018-01-01 to 2018-06-30	15,682,348	shares	181
2017-04-01 to 2017-06-30	16,011,758	shares	91
2017-01-01 to 2017-06-30	16,026,935	shares	181

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
2018-04-01 to 2018-06-30	15,674,954	shares	91
2018-01-01 to 2018-06-30	15,682,348	shares	181
2017-04-01 to 2017-06-30	16,011,758	shares	91
2017-01-01 to 2017-06-30	16,026,935	shares	181

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
2018-04-01 to 2018-06-30	-0.05	USD/shares	91
2018-01-01 to 2018-06-30	-0.2	USD/shares	181
2017-04-01 to 2017-06-30	-0.32	USD/shares	91
2017-01-01 to 2017-06-30	-0.4	USD/shares	181

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
2018-04-01 to 2018-06-30	-0.05	USD/shares	91
2018-01-01 to 2018-06-30	-0.2	USD/shares	181
2017-04-01 to 2017-06-30	-0.32	USD/shares	91
2017-01-01 to 2017-06-30	-0.4	USD/shares	181

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
2018-04-01 to 2018-06-30	4,159	USD	91
2018-01-01 to 2018-06-30	8,318	USD	181
2017-04-01 to 2017-06-30	3,535,783	USD	91
2017-01-01 to 2017-06-30	4,192,370	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	Days
At 2018-06-30	550,492	USD
At 2017-12-31	528,882	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
2018-01-01 to 2018-06-30	665,309	USD	181
2017-01-01 to 2017-06-30	551,255	USD	181

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
2018-04-01 to 2018-06-30	-868,978	USD	91
2018-01-01 to 2018-06-30	-3,321,200	USD	181
2017-04-01 to 2017-06-30	-1,680,871	USD	91
2017-01-01 to 2017-06-30	-2,338,673	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	Days
At 2018-06-30	66,647,890	USD
At 2017-12-31	68,684,845	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
2018-04-01 to 2018-06-30	22,019	USD	91
2018-01-01 to 2018-06-30	40,321	USD	181
2017-04-01 to 2017-06-30	30,029	USD	91
2017-01-01 to 2017-06-30	61,744	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	Days
At 2018-06-30	16,814,287	USD
At 2017-12-31	17,694,743	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 2018-06-30	10,065,882	USD
At 2017-12-31	8,979,929	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 2018-06-30	20,611,853	USD
At 2017-12-31	21,444,545	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 2018-06-30	5,806,095	USD
At 2017-12-31	8,395,112	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2018-01-01 to 2018-06-30	1,951,199	USD	181
2017-01-01 to 2017-06-30	1,790,671	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	Days
At 2018-06-30	7,345,501	USD
At 2017-12-31	6,737,848	USD

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	1,450,390	USD	91
2018-01-01 to 2018-06-30	3,325,329	USD	181
2017-04-01 to 2017-06-30	1,080,426	USD	91
2017-01-01 to 2017-06-30	1,978,789	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 2018-06-30	15,604,709	shares
At 2017-12-31	15,723,075	shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2018-06-30	59,670,450	USD
At 2017-12-31	63,921,601	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 2018-06-30	2,547,196	USD
At 2017-12-31	2,486,830	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	-745,450	USD	91
2018-01-01 to 2018-06-30	-3,137,639	USD	181
2017-04-01 to 2017-06-30	-5,177,202	USD	91
2017-01-01 to 2017-06-30	-6,470,771	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
2018-04-01 to 2018-06-30	-745,450	USD	91
2018-01-01 to 2018-06-30	-3,137,639	USD	181
2017-04-01 to 2017-06-30	-5,177,202	USD	91
2017-01-01 to 2017-06-30	-6,470,771	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
2018-04-01 to 2018-06-30	2,334,223	USD	91
2018-01-01 to 2018-06-30	4,664,504	USD	181
2017-04-01 to 2017-06-30	2,353,140	USD	91
2017-01-01 to 2017-06-30	4,463,373	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
2018-01-01 to 2018-06-30	1,394,728	USD	181
2017-01-01 to 2017-06-30	1,314,293	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
2018-04-01 to 2018-06-30	648,520	USD	91
2018-01-01 to 2018-06-30	1,284,655	USD	181
2017-04-01 to 2017-06-30	590,573	USD	91
2017-01-01 to 2017-06-30	1,202,017	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
2018-01-01 to 2018-06-30	0	USD	181
2017-01-01 to 2017-06-30	4,293,963	USD	181

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
2018-01-01 to 2018-06-30	200,909	USD	181
2017-01-01 to 2017-06-30	0	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
2018-01-01 to 2018-06-30	-2,589,017	USD	181
2017-01-01 to 2017-06-30	-1,223,213	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
2018-01-01 to 2018-06-30	607,653	USD	181
2017-01-01 to 2017-06-30	182,595	USD	181

Inspect the source

Entity: Cumberland Pharmaceuticals Inc. / CIK 0001087294
Captured: 2026-09-20T05:21:29.619Z
SEC response SHA-256: b37ed2fef35db1cde0c40b2233eb97cf370fc96d41a5c7d61b6a5a76a296e4a0

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

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