| May'19 | May'18 | May'18 | May'17 | May'17 | May'16 | May'15 | May'14 | May'13 | May'12 | May'11 | May'10 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
411 | 24,923 | 24,923 | 10,677 | 10,677 | -11,448 | 13,725 | 19,342 | 22,812 | 13,099 | 4,261 | 4,466 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | |||||||||||
Depreciation, amortization of intangibles and amortization of debt costs | |||||||||||
15,230 | 12,412 | 12,412 | 10,677 | 10,677 | 9,395 | 7,090 | 7,114 | 7,295 | 5,621 | 5,313 | 3,364 |
Stock-based compensation expense | |||||||||||
3,560 | 4,403 | 4,403 | 3,964 | 3,964 | 3,465 | 1,577 | 1,356 | 1,695 | 1,872 | 1,951 | 1,016 |
Deferred taxes | |||||||||||
- | - | - | - | - | - | 4,152 | 5,585 | 6,606 | 3,283 | 3,257 | 3,248 |
Loss on early debt extinguishment | |||||||||||
0 | 0 | 0 | -1,233 | -1,233 | 0 | 0 | - | - | - | - | - |
Deferred taxes | |||||||||||
910 | -7,221 | -7,221 | 2,506 | 2,506 | -9,787 | - | - | - | - | - | - |
Change in investment in non-public company, fair value | |||||||||||
1,600 | 2,900 | 2,900 | 900 | 900 | 1,200 | 3,900 | 10,000 | 8,100 | 5,838 | - | - |
Change in contingent consideration liability | |||||||||||
-3,500 | -1,900 | -1,900 | 0 | 0 | 0 | - | - | - | 1,421 | - | - |
Net loss (gain) on disposal of property and equipment | |||||||||||
-188 | -157 | -157 | -586 | -586 | -46 | 90 | -329 | -217 | -12 | - | - |
Net loss on disposal of property and equipment | |||||||||||
- | - | - | - | - | - | - | - | - | - | -26 | - |
Non-cash restructuring and impairment of assets charges | |||||||||||
- | - | - | - | - | - | - | - | - | - | 4,780 | 1,000 |
Impairment of GreenLine tradename | |||||||||||
2,000 | 0 | 0 | 0 | 0 | 34,000 | 0 | 0 | - | - | - | - |
Change in investment in non-public company (fair market value) | |||||||||||
- | - | - | - | - | - | - | - | - | - | 662 | - |
Increase in long-term receivable | |||||||||||
- | - | - | - | - | - | - | - | - | - | 800 | 800 |
Tax benefit from stock based compensation | |||||||||||
- | - | - | - | - | - | - | 1,922 | 1,302 | 4,057 | 764 | 517 |
Impairment of non-public company, non-fair value investment | |||||||||||
- | - | - | - | - | - | 793 | 0 | 0 | - | - | - |
Earn out liability | |||||||||||
- | - | - | - | - | - | - | - | 3,933 | - | - | - |
Changes in current assets and current liabilities: | |||||||||||
Accounts receivable, net | |||||||||||
8,860 | 7,312 | 7,312 | 336 | 336 | -73 | 1,754 | 7,982 | 4,121 | 3,246 | 3,016 | 1,506 |
Accounts receivable, related party | |||||||||||
- | - | - | - | - | - | - | - | 348 | -130 | -276 | -97 |
Taxes receivable | |||||||||||
- | - | - | - | - | - | - | - | 3,754 | -4,581 | -878 | -764 |
Inventories | |||||||||||
10,929 | 6,529 | 6,529 | -855 | -855 | 508 | 292 | 622 | 2,102 | 441 | 4,054 | -1,269 |
Prepaid expenses and other current assets | |||||||||||
-1,601 | 3,987 | 3,987 | -1,039 | -1,039 | -965 | -177 | -4,711 | - | - | - | - |
Prepaid expenses and other current assets | |||||||||||
- | - | - | - | - | - | - | - | 278 | -3,588 | -602 | 1,172 |
Accounts payable | |||||||||||
19,116 | 4,965 | 4,965 | -4,778 | -4,778 | -5,277 | 2,894 | -141 | 8,826 | -544 | 2,393 | 957 |
Accounts payable, related party | |||||||||||
- | - | - | - | - | - | - | - | 10 | 476 | -49 | 50 |
Income taxes payable | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | 1,162 |
Accrued compensation | |||||||||||
249 | 1,981 | 1,981 | 2,751 | 2,751 | -1,282 | 2,646 | 38 | -798 | 2,701 | 1,038 | -264 |
Other accrued liabilities | |||||||||||
21 | -1,383 | -1,383 | 2,086 | 2,086 | 2,556 | 11 | 3,211 | -2,486 | 3,434 | 532 | 703 |
Deferred revenue | |||||||||||
-2,377 | - | 2,170 | - | -522 | - | - | - | - | - | - | - |
Restricted cash collateral | |||||||||||
- | 0 | - | 100 | - | 225 | 0 | 0 | - | - | - | - |
Deferred revenue | |||||||||||
- | 2,170 | - | -522 | - | -11 | -411 | 6 | 1,086 | -2,495 | -1,734 | -2,039 |
Net cash (used in) provided by operating activities | |||||||||||
16,020 | 19,779 | 19,779 | 29,738 | 29,838 | 20,762 | - | - | - | - | 14,469 | 7,483 |
Net cash provided by operating activities | |||||||||||
- | - | - | - | - | - | 26,618 | 21,045 | 21,230 | 22,181 | - | - |
Cash flows from investing activities: | |||||||||||
Purchases of property and equipment | |||||||||||
44,734 | 33,590 | 33,590 | 23,003 | 23,003 | 39,695 | 17,511 | 14,886 | 8,877 | 5,371 | 6,684 | 5,192 |
Acquisition of Yucatan Foods (Note 2), net of cash acquired | |||||||||||
59,872 | - | 0 | - | 2,500 | - | - | - | - | 66,826 | - | 39,682 |
Payments to Acquire Businesses, Gross | |||||||||||
- | 0 | - | 2,500 | - | 0 | 0 | - | - | - | - | - |
Issuance of note receivable | |||||||||||
0 | - | 2,099 | - | 0 | - | - | - | - | - | - | - |
Issuance of notes and advances receivable | |||||||||||
- | - | - | - | - | - | - | - | 4,173 | 3,699 | 3,073 | 3,030 |
Proceeds from collections of notes receivable | |||||||||||
545 | - | 0 | - | 0 | - | - | - | 4,173 | 3,704 | 3,314 | 2,975 |
Proceeds from sale of investment in non-public company | |||||||||||
7,000 | - | 0 | - | 0 | - | - | - | - | - | - | - |
Deposit on capital lease | |||||||||||
- | 0 | - | 0 | - | 850 | 0 | 0 | - | - | - | - |
Proceeds from sales of fixed assets | |||||||||||
264 | 100 | 100 | 81 | 81 | 127 | 1,071 | 0 | 0 | - | - | - |
Issuance of pacific harvest note receivable | |||||||||||
- | 2,099 | - | 0 | - | 0 | - | - | - | - | - | - |
Repurchase of outstanding common stock | |||||||||||
- | - | - | - | - | - | - | - | - | 5,006 | 1,184 | - |
Proceeds from maturities of marketable securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 59,970 |
Net cash used in investing activities | |||||||||||
-96,797 | -35,589 | -35,589 | -25,422 | -25,422 | -40,418 | - | - | - | - | -29,387 | -42,797 |
Investment in non-public company, fair value | |||||||||||
- | - | - | - | - | - | 18,000 | 0 | 0 | - | 15,000 | - |
Purchases of marketable securities | |||||||||||
- | - | - | - | - | - | - | 1,417 | 4,959 | 30,723 | 59,833 | 67,433 |
Proceeds from maturities of marketable securities | |||||||||||
- | - | - | - | - | - | - | 2,962 | 3,414 | - | - | 9,540 |
Proceeds from sales of marketable securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 9,540 |
Net cash used in investing activities | |||||||||||
- | - | - | - | - | - | -34,440 | -13,341 | -10,422 | -44,073 | - | - |
Cash flows from financing activities: | |||||||||||
Proceeds from sale of common stock | |||||||||||
327 | 56 | 56 | 706 | 706 | 322 | 122 | 2,298 | 3,416 | 61 | 126 | 379 |
Taxes paid by Company for employee stock plans | |||||||||||
700 | 1,478 | 1,478 | 434 | 434 | 0 | 343 | 1,271 | 49 | 260 | 218 | 339 |
Tax benefit from stock-based compensation expense | |||||||||||
- | - | - | - | - | - | - | 1,922 | 1,302 | 4,057 | 764 | 517 |
Earn out payment from Lifecore acquisition | |||||||||||
- | - | - | - | - | - | - | - | 9,650 | - | - | - |
Net change in other assets/liabilities | |||||||||||
0 | 0 | 0 | 41 | 41 | 247 | 24 | -31 | -712 | - | - | - |
Proceeds from debt | |||||||||||
60,000 | 0 | 0 | 50,000 | 50,000 | 26,748 | 15,014 | 0 | 0 | 31,816 | - | 20,000 |
Payments on long-term debt | |||||||||||
5,092 | 5,076 | 5,076 | 57,236 | 57,236 | 14,652 | 6,867 | 5,933 | 7,012 | 4,329 | 3,940 | 387 |
Proceeds from lines of credit | |||||||||||
59,000 | 33,000 | 33,000 | 4,500 | 4,500 | 26,100 | 30,417 | 9,500 | 0 | 12,766 | - | - |
Payments on lines of credit | |||||||||||
34,000 | 9,000 | 9,000 | 5,000 | 5,000 | 22,600 | 30,417 | 13,500 | 7,666 | 1,100 | - | - |
Payments for debt issuance costs | |||||||||||
509 | 0 | 0 | 897 | 897 | 0 | 0 | - | - | - | - | - |
Payments for early debt extinguishment penalties | |||||||||||
0 | 0 | 0 | 233 | 233 | 0 | 0 | - | - | - | - | - |
Purchase of non-controlling interest | |||||||||||
0 | 4,095 | 4,095 | 0 | 0 | 0 | - | - | - | - | - | - |
Payments to non-controlling interest | |||||||||||
0 | 115 | 115 | 166 | 166 | 248 | 196 | 226 | 320 | 258 | 361 | - |
Other, net | |||||||||||
- | - | - | - | - | - | - | - | - | 1,813 | -49 | - |
Net cash (used in) provided by financing activities | |||||||||||
- | - | - | - | - | - | 7,706 | -7,179 | -19,267 | 35,934 | - | - |
Payments to non controlling interest | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 498 |
Net cash provided by financing activities | |||||||||||
79,026 | 13,292 | 13,292 | -8,801 | -8,801 | 15,423 | - | - | - | - | -4,764 | 19,672 |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
-1,751 | - | -2,518 | - | -4,385 | - | - | - | - | - | - | - |
Net decrease in cash and cash equivalents | |||||||||||
- | -2,518 | - | -4,485 | - | -4,233 | -116 | 525 | -8,459 | - | -19,682 | -15,642 |
Net decrease in cash and cash equivalents | |||||||||||
- | - | - | - | - | - | - | - | - | 14,042 | - | - |
Cash paid during the period for interest | |||||||||||
- | - | - | - | - | - | 1,994 | 1,504 | 1,728 | 952 | 761 | - |
Cash paid during the period for interest | |||||||||||
5,614 | 2,292 | 2,292 | 2,332 | 2,332 | 2,017 | - | - | - | - | - | 88 |
Cash paid during the period for income taxes, net of refunds received | |||||||||||
-1,963 | 283 | 283 | 2,792 | 2,792 | 2,625 | 150 | 50 | 5,605 | 246 | 146 | 652 |
Supplemental disclosure of non-cash investing activities: | |||||||||||
Facility and equipment acquired under a capital lease | |||||||||||
- | 0 | - | 0 | - | 3,908 | 0 | 0 | - | - | - | - |
Purchases of property and equipment on trade vendor credit | |||||||||||
3,948 | 8 | 8,445 | 4 | 4,380 | 4 | - | - | - | - | - | - |
Long-term receivable | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 800 |
Accrued non controlling interest distribution | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 250 |