Landec corporation (LNDC)
Balance Sheet / Yearly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11
ASSETS
Current Assets:
Cash and cash equivalents

2,607

1,594

1,990

1,080

1,722

1,514

1,359

2,899

2,899

7,650

4,369

8,191

5,998

12,734

2,566

8,626

9,894

8,214

5,975

7,103

14,127

15,695

4,970

8,529

14,243

12,987

5,766

8,897

13,718

9,943

4,856

10,049

22,177

12,534

4,235

7,242

8,135

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,297

1,545

3,790

1,959

756

-

25,094

24,236

32,112

28,124

Accounts receivable, less allowance for doubtful accounts

69,763

69,962

61,402

69,565

60,390

53,420

48,660

53,877

53,877

50,438

56,356

47,851

45,899

45,918

50,009

44,150

46,406

42,924

50,283

44,520

46,479

45,275

52,136

43,458

44,421

41,041

41,745

32,973

36,427

37,267

40,595

30,295

31,951

23,366

29,055

20,355

21,653

Accounts receivable, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

162

338

304

189

131

205

316

312

313

268

323

378

314

413

453

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

134

-

1,211

156

1,020

2,000

4,214

5,016

4,942

5,103

-

21

316

47

212

395

522

571

Inventories

67,059

58,563

55,020

54,132

44,227

31,628

29,986

31,819

31,819

28,749

30,836

28,139

23,620

23,273

27,970

30,182

25,535

27,161

28,859

28,423

25,027

24,662

30,440

27,834

24,735

25,668

26,865

24,589

24,113

22,385

24,402

23,543

22,011

19,932

20,175

19,628

20,161

Notes and advances receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

508

1,351

752

-

Deferred taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,065

2,038

2,111

1,987

1,985

2,078

2,056

1,771

1,800

2,006

1,582

2,092

2,076

2,076

2,076

1,674

1,681

973

542

Prepaid expenses and other current assets

9,382

10,061

12,150

8,264

7,994

5,904

8,312

7,958

7,958

7,614

4,426

4,339

3,498

4,650

3,930

4,815

4,468

5,606

8,012

5,128

5,458

3,626

5,095

5,993

3,170

3,059

4,217

2,816

2,856

6,198

3,014

2,838

2,578

2,410

5,735

5,992

5,987

Other current assets, discontinued operations

-

-

-

-

0

-

0

510

510

-

-

-

2,265

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Assets

148,811

140,180

130,562

133,041

114,333

92,466

88,317

97,063

97,063

94,451

95,987

88,520

81,280

86,575

84,475

87,773

86,303

83,905

95,194

87,346

93,202

92,491

94,944

89,250

90,929

88,929

85,540

77,725

85,660

81,987

77,236

70,141

81,163

86,108

87,177

87,989

85,626

Investment in non-public company, non-fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

793

793

793

793

793

793

793

793

793

793

793

793

793

793

793

Investment in non-public company, fair value

61,300

61,300

61,100

61,100

68,100

68,100

67,500

66,500

66,500

65,800

65,800

64,500

63,600

63,400

62,700

62,700

62,700

62,500

62,500

62,300

61,500

61,100

59,000

50,800

39,600

37,700

37,300

35,000

29,600

27,800

26,752

25,796

21,500

20,388

16,836

15,714

15,662

Property and equipment, net

191,782

204,687

201,557

200,027

191,892

170,517

165,875

159,624

159,624

143,362

135,271

132,637

133,220

123,005

120,972

120,720

120,880

108,719

95,869

85,954

84,465

78,960

78,375

76,946

74,140

70,973

70,024

68,489

65,811

63,056

63,443

63,776

63,495

51,791

52,247

52,063

51,779

Operating leases

25,187

29,779

28,726

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

77,246

77,246

76,742

76,742

75,739

54,510

54,510

54,510

54,500

54,779

54,779

54,779

54,510

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

49,620

36,462

36,462

36,462

36,462

Trademarks/tradenames, net

29,928

-

-

29,928

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer relationships, net

13,782

-

-

15,319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trademarks/tradenames, net

-

29,928

29,928

-

31,928

16,028

16,028

16,028

16,028

16,028

16,028

16,028

16,028

14,428

14,428

14,428

14,428

14,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

48,428

12,428

12,428

12,428

12,428

Customer relationships, net

-

14,294

14,807

-

15,821

5,338

5,576

5,814

5,814

6,052

6,291

6,562

6,783

6,304

6,525

6,747

6,968

7,189

7,411

7,632

7,835

8,056

8,277

8,499

8,720

8,942

9,163

9,384

9,606

9,827

10,048

10,269

10,557

3,135

3,212

3,289

3,366

Other assets

2,024

2,583

2,715

2,934

3,770

4,695

5,095

5,164

5,164

5,364

5,152

3,941

2,918

2,804

2,621

1,784

1,754

2,316

2,083

1,305

1,415

1,648

1,662

1,602

1,393

1,396

1,388

1,394

1,424

1,484

1,792

2,037

2,136

441

253

153

196

Other assets, discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Assets

550,060

559,997

546,137

519,091

501,583

411,654

402,901

404,703

404,703

385,836

379,308

366,967

358,608

346,136

341,341

343,772

342,653

328,677

361,105

342,585

346,465

340,303

341,099

325,938

313,623

306,781

302,256

290,833

290,942

282,995

278,112

270,860

277,692

211,546

209,408

208,891

206,312

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable

63,660

47,145

46,162

53,973

46,431

31,719

27,027

34,668

34,668

35,240

37,483

26,951

24,527

24,764

25,914

31,613

30,904

25,091

36,921

31,946

35,009

28,166

39,184

37,212

31,981

29,625

34,519

29,083

32,031

27,740

25,944

26,724

22,644

14,452

18,887

18,160

16,747

Accounts payable, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146

332

167

134

109

242

297

225

191

425

533

776

217

332

371

300

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79

527

104

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation

8,458

8,700

7,399

10,687

7,029

6,824

4,953

9,978

9,978

6,732

7,624

5,386

7,506

6,136

5,696

4,045

5,460

4,206

5,383

3,913

6,742

4,744

4,973

3,547

4,096

4,205

3,315

3,929

4,984

5,913

4,559

3,958

5,782

3,918

3,385

2,625

3,080

Other accrued liabilities

11,111

10,702

8,790

10,001

10,406

9,922

8,845

8,706

8,706

10,369

8,471

9,751

9,045

10,904

8,424

9,139

7,772

7,282

5,876

4,851

5,212

4,791

4,939

4,405

4,871

4,437

4,508

3,219

2,332

2,452

4,513

7,566

18,642

12,717

13,301

13,620

3,581

Current portion of lease liabilities

3,900

3,980

3,601

75

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

618

611

488

499

1,286

1,717

-

-

2,625

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

2,062

2,625

-

1,906

1,673

284

310

429

474

706

832

1,152

381

854

843

1,102

211

1,059

1,254

1,674

1,282

628

1,248

931

-

-

162

344

355

1,150

2,657

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

246

276

-

-

-

-

-

Line of credit

58,500

61,500

70,600

52,000

44,000

42,000

39,000

27,000

27,000

12,000

10,000

10,500

3,000

0

1,500

0

3,500

-

-

-

0

9,300

5,000

-

-

-

1,000

1,050

4,000

4,000

7,500

7,500

11,666

-

-

-

-

Current portion of long-term debt, net

11,723

11,723

9,791

9,791

9,791

4,940

4,940

4,940

4,940

4,940

4,940

4,940

4,940

4,940

4,940

7,930

7,873

8,546

13,527

7,650

8,353

7,591

7,550

6,980

6,055

6,017

5,989

5,961

5,933

7,047

7,035

7,012

7,012

4,330

4,330

4,330

4,330

Other current liabilities, discontinued operations

0

0

0

65

0

-

0

458

458

-

-

-

2,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Liabilities

157,970

144,361

146,831

137,091

118,943

97,122

86,827

88,375

88,375

71,187

70,191

57,812

51,454

47,173

46,948

53,433

56,341

46,356

62,615

49,318

56,159

55,840

62,189

53,370

48,391

46,067

50,855

44,167

50,753

48,274

50,222

53,569

66,684

35,978

40,590

40,256

30,695

Long-term debt, net

104,539

107,470

84,748

87,193

89,637

34,889

36,125

37,360

37,360

38,595

39,829

41,064

42,299

43,534

44,771

44,066

45,972

48,607

34,685

32,953

34,166

32,901

34,675

33,051

28,317

29,763

31,188

32,961

34,372

35,794

37,192

38,936

40,305

12,170

13,170

14,500

15,500

Long-term lease liabilities

26,757

30,795

30,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term lease liabilities

-

-

-

3,532

3,562

3,589

3,615

3,641

3,641

3,665

3,688

3,710

3,731

3,751

3,770

3,787

3,804

3,711

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes, net

11,662

17,047

17,686

19,393

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred taxes, net

-

-

-

-

17,395

17,707

17,394

17,485

17,485

15,822

26,028

25,673

24,581

25,507

24,328

23,546

22,442

21,669

35,461

34,776

34,340

34,377

31,477

30,584

30,133

29,529

28,322

26,781

24,054

22,283

21,076

19,979

18,037

12,627

12,014

11,470

11,338

Other non-current liabilities

-

1,248

1,899

-

1,982

4,774

5,559

5,280

5,280

6,417

6,863

7,539

8,391

2,031

1,977

1,989

1,744

1,728

1,672

1,529

1,691

1,686

1,650

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

1,464

-

-

1,738

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,403

2,021

1,785

1,625

1,455

1,349

1,965

1,862

1,349

1,108

1,161

1,217

1,324

11,053

Total Liabilities

302,392

300,921

281,190

248,947

231,519

158,081

149,520

152,141

152,141

135,686

146,599

135,798

130,456

121,996

121,794

126,821

130,303

122,071

134,433

118,576

126,356

124,804

129,991

118,408

108,862

107,144

111,990

105,364

110,528

108,316

110,352

113,833

126,134

61,936

66,991

67,550

68,586

Commitments and contingencies (Note 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

Stockholders’ Equity:
Common stock, $0.001 par value; 50,000 shares authorized; 29,182 and 29,102 shares issued and outstanding at February 23, 2020 and May 26, 2019, respectively

29

29

29

29

29

28

28

28

28

28

28

28

27

27

27

27

27

27

27

27

27

27

27

27

27

27

27

26

26

26

26

26

26

26

26

27

27

Additional paid-in capital

162,077

161,556

160,814

160,341

159,524

143,506

142,805

142,087

142,087

144,498

143,490

142,587

141,680

140,134

139,138

138,077

137,244

136,303

135,202

134,219

133,307

132,948

132,360

131,833

131,488

130,980

128,031

126,502

126,258

125,108

122,981

120,900

119,894

121,041

118,695

120,865

119,169

Retained earnings

86,394

97,912

104,652

109,710

109,971

108,904

109,489

109,299

109,299

103,191

87,103

86,616

84,470

82,018

78,518

77,192

73,457

68,728

89,918

88,050

85,098

80,902

77,130

73,907

71,554

67,012

60,612

57,161

52,409

47,890

43,101

34,188

29,822

27,043

22,278

18,938

17,126

Accumulated other comprehensive (loss) income

-832

-421

-548

64

540

1,135

1,059

1,148

1,148

915

568

329

432

430

327

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-202

-235

-301

-267

Total Stockholders’ Equity

247,668

259,076

264,947

270,144

270,064

253,573

253,381

252,562

252,562

248,632

231,189

229,560

226,609

222,609

218,010

215,296

210,728

205,058

225,147

222,296

218,432

213,877

209,517

205,767

203,069

198,019

188,670

183,689

178,693

173,024

166,108

155,114

149,742

147,908

140,764

139,529

136,055

Non-controlling interest

-

-

-

-

-

-

-

-

-

1,518

1,520

1,609

1,543

1,531

1,537

1,655

1,622

1,548

1,525

1,713

1,677

1,622

1,591

1,763

1,692

1,618

1,596

1,780

1,721

1,655

1,652

1,913

1,816

1,702

1,653

1,812

1,671

Total Equity

-

-

-

-

-

-

-

-

-

250,150

232,709

231,169

228,152

224,140

219,547

216,951

212,350

206,606

226,672

224,009

220,109

215,499

211,108

207,530

204,761

199,637

190,266

185,469

180,414

174,679

167,760

157,027

151,558

149,610

142,417

141,341

137,726

Total Liabilities and Stockholders’ Equity

550,060

559,997

546,137

519,091

501,583

411,654

402,901

404,703

404,703

385,836

379,308

366,967

358,608

346,136

341,341

343,772

342,653

328,677

361,105

342,585

346,465

340,303

341,099

325,938

313,623

306,781

302,256

290,833

290,942

282,995

278,112

270,860

277,692

211,546

209,408

208,891

206,312