10-Q Filing

NATIONAL BEVERAGE CORP CIK: 69891 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-13-015674`
Period End Date	20131031
Filing Date	20131205
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	fizz-20131026.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 58 Cash Flow Statement 49 Stockholders Equity 16 Comprehensive Income 12

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.71M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
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`	$27.07M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.27M	USD	Point-in-time
Trade receivables - net	`AccountsReceivableNetCurrent`	$64.07M	USD	Point-in-time
Trade receivables - net	`AccountsReceivableNetCurrent`	$55.94M	USD	Point-in-time
Inventories	`InventoryNet`	$39.23M	USD	Point-in-time
Inventories	`InventoryNet`	$42.92M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxAssetsNetCurrent`	$3.71M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxAssetsNetCurrent`	$3.67M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$5.71M	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$6.09M	USD	Point-in-time
Common stock, shares authorized (in Shares)	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$135.72M	USD	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	50.36M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$130.94M	USD	Point-in-time
Common stock, shares issued (in Shares)	`CommonStockSharesIssued`	50.36M	shares	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$57.31M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$56.70M	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`	$5.51M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.63M	USD	Point-in-time
Total assets	`Assets`	$212.69M	USD	Point-in-time
Total assets	`Assets`	$208.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.26M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.85M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$19.14M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$127.00K	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`	$53.23M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$40.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$50.00M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxLiabilitiesNoncurrent`	$14.33M	USD	Point-in-time
Deferred income taxes - net	`DeferredTaxLiabilitiesNoncurrent`	$14.27M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$10.56M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$10.59M	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`	$50.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$50.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$62.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$37.83M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-923.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-964.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$94.60M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$70.32M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$147.97M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$208.64M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$212.69M	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$167.67M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$166.57M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$340.02M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$349.42M	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$236.53M	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$111.98M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$108.84M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$222.44M	USD	2 Qtrs
Gross profit	`GrossProfit`	$117.58M	USD	2 Qtrs
Gross profit	`GrossProfit`	$112.88M	USD	2 Qtrs
Gross profit	`GrossProfit`	$54.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$58.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$79.77M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$39.68M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$72.38M	USD	2 Qtrs
Interest expense	`InterestExpense`	$63.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$166.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$31.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$362.00K	USD	2 Qtrs
Other expense - net	`OtherExpenses`	$18.00K	USD	1 Quarter
Other expense - net	`OtherExpenses`	$86.00K	USD	1 Quarter
Other expense - net	`OtherExpenses`	$122.00K	USD	2 Qtrs
Other expense - net	`OtherExpenses`	$58.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$40.32M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.39M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.96M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.47M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.33M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.91M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.41M	USD	2 Qtrs
Less preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$149.00K	USD	1 Quarter
Less preferred dividends	`PreferredStockDividendsIncomeStatementImpact`	$299.00K	USD	2 Qtrs
Earnings available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$12.02M	USD	1 Quarter
Earnings available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$12.35M	USD	1 Quarter
Earnings available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.41M	USD	2 Qtrs
Earnings available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$24.27M	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.52	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.57	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.57	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.33M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.30M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.30M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.33M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.48M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.51M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.48M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.51M	shares	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.41M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.76M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.83M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-117.00K	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-317.00K	USD	2 Qtrs
Loss on disposal of property, net	`GainLossOnDispositionOfAssets`	$-44.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$156.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$24.00K	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-4.97M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-8.13M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.69M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.07M	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$374.00K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.12M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.12M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.01M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-3.86M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.57M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.14M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.50M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.37M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.23M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$17.00K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.22M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.35M	USD	2 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$299.00K	USD	2 Qtrs
Repayments under credit facilities	`ProceedsFromRepaymentsOfLinesOfCredit`	$-10.00M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-53.00K	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$151.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.35M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$151.00K	USD	2 Qtrs
Net Increase in Cash and Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.80M	USD	2 Qtrs
Net Increase in Cash and Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.08M	USD	2 Qtrs
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$48.71M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$27.07M	USD	Point-in-time
Cash and Equivalents - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$18.27M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$48.71M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$27.07M	USD	Point-in-time
Cash and Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$18.27M	USD	Point-in-time
Interest paid	`InterestPaid`	$51.00K	USD	2 Qtrs
Interest paid	`InterestPaid`	$395.00K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$13.05M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$13.55M	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Shareholders' equity	`StockholdersEquity`	$94.60M	USD	Point-in-time
Shareholders' equity	`StockholdersEquity`	$70.32M	USD	Point-in-time
Shareholders' equity	`StockholdersEquity`	$147.97M	USD	Point-in-time
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$41.00K	USD	2 Qtrs
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-380.00K	USD	2 Qtrs
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$321.00K	USD	1 Quarter
Cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$498.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.41M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$156.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$24.00K	USD	2 Qtrs
Shareholders' equity, end of period	`StockholdersEquity`	$94.60M	USD	Point-in-time
Shareholders' equity, end of period	`StockholdersEquity`	$70.32M	USD	Point-in-time
Shareholders' equity, end of period	`StockholdersEquity`	$147.97M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.41M	USD	2 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$41.00K	USD	2 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-380.00K	USD	2 Qtrs
Cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$321.00K	USD	1 Quarter
Cash flow hedges	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$498.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$26.03M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.82M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$24.61M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.52M	USD	1 Quarter

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