10-Q Filing

NATIONAL BEVERAGE CORP CIK: 69891 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-13-011664`
Period End Date	20130731
Filing Date	20130905
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	fizz-20130727.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 29 Cash Flow Statement 49 Stockholders Equity 12 Comprehensive Income 6

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in Shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.27M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.90M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Trade receivables - net	`AccountsReceivableNetCurrent`	$62.55M	USD	Point-in-time
Trade receivables - net	`AccountsReceivableNetCurrent`	$64.07M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$43.82M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$39.23M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxAssetsNetCurrent`	$3.86M	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Deferred income taxes - net	`DeferredTaxAssetsNetCurrent`	$3.67M	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$5.71M	USD	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	50.36M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$3.40M	USD	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	50.36M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$142.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$130.94M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$57.31M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$57.17M	USD	Point-in-time
Goodwill	`Goodwill`	$13.14M	USD	Point-in-time
Goodwill	`Goodwill`	$13.14M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.61M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$1.61M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.63M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.63M	USD	Point-in-time
Total assets	`Assets`	$208.64M	USD	Point-in-time
Total assets	`Assets`	$220.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.58M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$19.27M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$19.14M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.33M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$34.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$63.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$68.18M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$45.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$50.00M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxLiabilitiesNoncurrent`	$14.30M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxLiabilitiesNoncurrent`	$14.33M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$10.60M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$10.56M	USD	Point-in-time
Common stock, $.01 par value - 75,000,000 shares authorized; 50,363,199 shares issued (50,361,799 shares at April 27)	`CommonStockValue`	$504.00K	USD	Point-in-time
Common stock, $.01 par value - 75,000,000 shares authorized; 50,363,199 shares issued (50,361,799 shares at April 27)	`CommonStockValue`	$504.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$50.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$50.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$37.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$49.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.24M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-964.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$135.26M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$70.32M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$82.00M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$208.64M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$220.09M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$172.35M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$182.85M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$113.60M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$124.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$58.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$58.29M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.25M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$40.09M	USD	1 Quarter
Interest expense	`InterestExpense`	$32.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$196.00K	USD	1 Quarter
Other expense - net	`OtherExpenses`	$40.00K	USD	1 Quarter
Other expense - net	`OtherExpenses`	$36.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.43M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.97M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.36M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.07M	USD	1 Quarter
Less preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$150.00K	USD	1 Quarter
Earnings available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$11.92M	USD	1 Quarter
Earnings available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.39M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.29M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.33M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.52M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.47M	shares	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.95M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-57.00K	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-163.00K	USD	1 Quarter
Loss on disposal of property, net	`GainLossOnDispositionOfAssets`	$-14.00K	USD	1 Quarter
Loss on disposal of property, net	`GainLossOnDispositionOfAssets`	$-3.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$37.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$86.00K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$3.52M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-1.52M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.21M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.58M	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-564.00K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$825.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.25M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$317.00K	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$5.34M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.87M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.17M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.34M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.40M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.40M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.39M	USD	1 Quarter
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$150.00K	USD	1 Quarter
Repayments under credit facilities	`ProceedsFromRepaymentsOfLinesOfCredit`	$-5.00M	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$4.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$24.00K	USD	1 Quarter
Stock-based tax benefits	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.00K	USD	1 Quarter
Stock-based tax benefits	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$4.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.14M	USD	1 Quarter
Net Increase in Cash and Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.63M	USD	1 Quarter
Net Increase in Cash and Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.98M	USD	1 Quarter
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$18.27M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$28.90M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$18.27M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$28.90M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$46.60M	USD	Point-in-time
Interest paid	`InterestPaid`	$32.00K	USD	1 Quarter
Interest paid	`InterestPaid`	$223.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$487.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$770.00K	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock	`StockholdersEquity`	$135.26M	USD	Point-in-time
Preferred Stock	`StockholdersEquity`	$70.32M	USD	Point-in-time
Preferred Stock	`StockholdersEquity`	$82.00M	USD	Point-in-time
End of period	`StockholdersEquity`	$135.26M	USD	Point-in-time
End of period	`StockholdersEquity`	$70.32M	USD	Point-in-time
End of period	`StockholdersEquity`	$82.00M	USD	Point-in-time
Stock-based compensation	`ShareBasedCompensation`	$37.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$86.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.07M	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-878.00K	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-280.00K	USD	1 Quarter

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.07M	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-878.00K	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-280.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.79M	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.