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TSS, INC.: 10-Q filed 2016-08-15

What TSS, INC. reported in its quarterly report filed 2016-08-15 (fiscal Q2 2016): 31 published measures, 88 facts as tagged in accession 0001144204-16-119544.

This filing

Form
10-Q (quarterly report)
Filed
2016-08-15
Fiscal period
fiscal Q2 2016
Accession
0001144204-16-119544 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 TSS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2016-06-307,581,000USD
At 2015-12-3112,994,000USD

Total liabilities

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

PeriodValueUnitDays
At 2016-06-309,383,000USD
At 2015-12-3113,594,000USD

Stockholders equity

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

PeriodValueUnitDays
At 2016-06-30-1,802,000USD
At 2015-12-31-600,000USD

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.

PeriodValueUnitDays
At 2016-06-30540,000USD
At 2015-12-311,132,000USD
At 2015-06-30916,000USD
At 2014-12-311,378,000USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-169,000USD91
2016-01-01 to 2016-06-30-1,336,000USD182
2015-04-01 to 2015-06-30-1,218,000USD91
2015-01-01 to 2015-06-30-1,620,000USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2016-04-01 to 2016-06-307,029,000USD91
2016-01-01 to 2016-06-3014,704,000USD182
2015-04-01 to 2015-06-305,847,000USD91
2015-01-01 to 2015-06-3013,119,000USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2016-06-30-68,736,000USD
At 2015-12-31-67,400,000USD

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-3015,665,000shares91
2016-01-01 to 2016-06-3015,662,000shares182
2015-04-01 to 2015-06-3015,665,000shares91
2015-01-01 to 2015-06-3015,474,000shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2016-04-01 to 2016-06-300USD91
2016-01-01 to 2016-06-300USD182
2015-04-01 to 2015-06-300USD91
2015-01-01 to 2015-06-300USD181

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.

PeriodValueUnitDays
At 2016-06-30663,000USD
At 2015-12-31702,000USD

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.

PeriodValueUnitDays
2016-01-01 to 2016-06-30134,000USD182
2015-01-01 to 2015-06-30251,000USD181

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-60,000USD91
2016-01-01 to 2016-06-30-1,154,000USD182
2015-04-01 to 2015-06-30-1,131,000USD91
2015-01-01 to 2015-06-30-1,461,000USD181

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.

PeriodValueUnitDays
At 2016-06-304,208,000USD
At 2015-12-319,514,000USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2016-04-01 to 2016-06-30111,000USD91
2016-01-01 to 2016-06-30191,000USD182
2015-04-01 to 2015-06-3087,000USD91
2015-01-01 to 2015-06-30159,000USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2016-06-308,418,000USD
At 2015-12-3112,521,000USD

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.

PeriodValueUnitDays
At 2016-06-301,907,000USD
At 2015-12-311,907,000USD

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-302,228,000USD91
2016-01-01 to 2016-06-304,627,000USD182
2015-04-01 to 2015-06-302,573,000USD91
2015-01-01 to 2015-06-305,307,000USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2016-06-3063,000USD
At 2015-12-3166,000USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2016-04-01 to 2016-06-302,168,000USD91
2016-01-01 to 2016-06-303,473,000USD182
2015-04-01 to 2015-06-301,442,000USD91
2015-01-01 to 2015-06-303,846,000USD181

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-302,077,000USD91
2016-01-01 to 2016-06-304,329,000USD182
2015-04-01 to 2015-06-302,425,000USD91
2015-01-01 to 2015-06-305,029,000USD181

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.

PeriodValueUnitDays
At 2016-06-3068,463,000USD
At 2015-12-3168,329,000USD

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.

PeriodValueUnitDays
At 2016-06-301,217,000USD
At 2015-12-311,323,000USD

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.

PeriodValueUnitDays
At 2016-06-30773,000USD
At 2015-12-31841,000USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2016-06-3030,000USD
At 2015-12-3130,000USD

Other noncurrent liabilities

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

PeriodValueUnitDays
At 2016-06-3041,000USD
At 2015-12-3137,000USD

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.

PeriodValueUnitDays
At 2016-06-301,217,000USD
At 2015-12-311,560,000USD

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.

PeriodValueUnitDays
At 2016-06-30425,000USD
At 2015-12-31235,000USD

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-30109,000USD91
2016-01-01 to 2016-06-30215,000USD182
2015-04-01 to 2015-06-3095,000USD91
2015-01-01 to 2015-06-30181,000USD181

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-3034,000USD91
2016-01-01 to 2016-06-3069,000USD182
2015-04-01 to 2015-06-3034,000USD91
2015-01-01 to 2015-06-3070,000USD181

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-302,000USD91
2016-01-01 to 2016-06-309,000USD182
2015-04-01 to 2015-06-300USD91
2015-01-01 to 2015-06-300USD181

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.

PeriodValueUnitDays
2016-01-01 to 2016-06-30-3,000USD182
2015-01-01 to 2015-06-30-74,000USD181

Inspect the source

Entity
TSS, INC. / CIK 0001320760
Captured
SEC response SHA-256
746de8e616a53f36435a4479c9aff2fc43b063bed942fce32814f42a6660599a

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.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001320760.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"])))