10-Q Filing

NATIONAL BEVERAGE CORP CIK: 69891 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001437749-12-009199`
Period End Date	20120731
Filing Date	20120906
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	fizz-20120728.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 26 Cash Flow Statement 48 Stockholders Equity 22 Comprehensive Income 6

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Allowance for trade receivables (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$399.00K	USD	Point-in-time
Allowance for trade receivables (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$433.00K	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.52M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.37M	USD	Point-in-time
Trade receivables - net of allowances of $433 ($399 at April 28)	`AccountsReceivableNetCurrent`	$65.11M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Trade receivables - net of allowances of $433 ($399 at April 28)	`AccountsReceivableNetCurrent`	$61.59M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	150,000.00	shares	Point-in-time
Inventories	`InventoryNet`	$40.86M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	150,000.00	shares	Point-in-time
Inventories	`InventoryNet`	$44.07M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxAssetsNetCurrent`	$3.55M	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	1 Quarter
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Deferred income taxes - net	`DeferredTaxAssetsNetCurrent`	$4.09M	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$4.42M	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$4.27M	USD	Point-in-time
Preferred stock, aggregate liquidation preference (in Dollars)	`PreferredStockLiquidationPreferenceValue`	$15.00M	USD	Point-in-time
Preferred stock, aggregate liquidation preference (in Dollars)	`PreferredStockLiquidationPreferenceValue`	$15.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$146.05M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$164.14M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$55.80M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$56.73M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Goodwill	`Goodwill`	$13.14M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.30M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.26M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.32M	shares	Point-in-time
Goodwill	`Goodwill`	$13.14M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.32M	shares	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.61M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.61M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.65M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.45M	USD	Point-in-time
Assets	`Assets`	$240.34M	USD	Point-in-time
Assets	`Assets`	$222.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$54.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$52.62M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$20.28M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$21.28M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.89M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$82.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$76.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$79.80M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxLiabilitiesNoncurrent`	$14.21M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxLiabilitiesNoncurrent`	$14.05M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$10.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.23M	USD	Point-in-time
Preferred stock, 7% cumulative, $1 par value, aggregate liquidation preference of $15,000 - 1,000,000 shares authorized; 150,000 shares issued	`PreferredStockValue`	$150.00K	USD	Point-in-time
Preferred stock, 7% cumulative, $1 par value, aggregate liquidation preference of $15,000 - 1,000,000 shares authorized; 150,000 shares issued	`PreferredStockValue`	$150.00K	USD	Point-in-time
Common stock, $.01 par value - 75,000,000 shares authorized; 50,324,759 shares issued (50,321,559 shares at April 28)	`CommonStockValue`	$503.00K	USD	Point-in-time
Common stock, $.01 par value - 75,000,000 shares authorized; 50,324,759 shares issued (50,321,559 shares at April 28)	`CommonStockValue`	$503.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$30.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$30.54M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$109.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$123.59M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-642.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.52M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$135.26M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$92.94M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$121.64M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$222.99M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$240.34M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$182.85M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$169.08M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$124.56M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$108.01M	USD	1 Quarter
Gross profit	`GrossProfit`	$61.07M	USD	1 Quarter
Gross profit	`GrossProfit`	$58.29M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$40.36M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.25M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$32.00K	USD	1 Quarter
Other expense - net	`OtherNonoperatingIncomeExpense`	$-36.00K	USD	1 Quarter
Other expense - net	`OtherNonoperatingIncomeExpense`	$-23.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.67M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.58M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.44M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.29M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.24M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.47M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.40M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.44M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.73M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.95M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-163.00K	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-134.00K	USD	1 Quarter
Loss (gain) on disposal of property, net	`GainLossOnDispositionOfProperty`	$-2.00K	USD	1 Quarter
Loss (gain) on disposal of property, net	`GainLossOnDispositionOfProperty`	$3.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$86.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$106.00K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-1.46M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-3.52M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-6.38M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-3.21M	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-618.00K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-825.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.05M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.25M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.06M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.87M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.34M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.77M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.40M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.80M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.00K	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.39M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.79M	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$24.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$58.00K	USD	1 Quarter
Stock-based tax benefits	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.00K	USD	1 Quarter
Stock-based tax benefits	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$113.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$171.00K	USD	1 Quarter
Net Increase in Cash and Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.15M	USD	1 Quarter
Net Increase in Cash and Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.98M	USD	1 Quarter
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$20.52M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$7.37M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$20.52M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$7.37M	USD	Point-in-time
Interest paid	`InterestPaid`	$32.00K	USD	1 Quarter
Interest paid	`InterestPaid`	$19.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$474.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$487.00K	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning of period (in Shares)	`CommonStockSharesIssued`	50.30M	shares	Point-in-time
Beginning of period (in Shares)	`CommonStockSharesIssued`	50.26M	shares	Point-in-time
Beginning of period (in Shares)	`CommonStockSharesIssued`	50.32M	shares	Point-in-time
Beginning of period (in Shares)	`CommonStockSharesIssued`	50.32M	shares	Point-in-time
Stock options exercised (in Shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	41,000.00	shares	1 Quarter
Stock options exercised (in Shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	3,200.00	shares	1 Quarter
End of period (in Shares)	`CommonStockSharesIssued`	50.30M	shares	Point-in-time
End of period (in Shares)	`CommonStockSharesIssued`	50.26M	shares	Point-in-time
End of period (in Shares)	`CommonStockSharesIssued`	50.32M	shares	Point-in-time
End of period (in Shares)	`CommonStockSharesIssued`	50.32M	shares	Point-in-time
Beginning of period	`StockholdersEquity`	$135.26M	USD	Point-in-time
Beginning of period	`StockholdersEquity`	$92.94M	USD	Point-in-time
Beginning of period	`StockholdersEquity`	$121.64M	USD	Point-in-time
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.10M	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-878.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.44M	USD	1 Quarter
Stock options exercised	`ProceedsFromStockOptionsExercised`	$24.00K	USD	1 Quarter
Stock options exercised	`ProceedsFromStockOptionsExercised`	$58.00K	USD	1 Quarter
End of period	`StockholdersEquity`	$135.26M	USD	Point-in-time
End of period	`StockholdersEquity`	$92.94M	USD	Point-in-time
End of period	`StockholdersEquity`	$121.64M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.44M	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.10M	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-878.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.33M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.51M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.