Frischs Restaurants Inc (FRS) financial statements (2022 and earlier)

Company profile

Business Address 2800 GILBERT AVE
CINCINNATI, OH 45206
State of Incorp. OH
Fiscal Year End May 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

5/31/2015
Q4
2/28/2015
Q3
12/31/2014
Q3
9/30/2014
Q2
5/31/2014
Q4
2/28/2014
Q3
11/30/2013
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,9594,6211,1383,3862,0381,7961,144
Cash and cash equivalents4,9594,6211,1383,3862,0381,7961,144
Receivables2,2281,8861,9231,5281,9231,4601,384
Inventory, net of allowances, customer advances and progress billings6,2676,1136,4816,3345,6376,4036,578
Inventory6,2676,1136,4816,3345,6376,4036,578
Prepaid expense3   908  
Deferred tax assets1,967   1,165  
Other undisclosed current assets1,3953,7664,2203,9051,9512,6392,219
Total current assets:16,81916,38613,76215,15313,62212,29811,325
Noncurrent Assets
Property, plant and equipment101,360102,359104,245104,657104,862105,624106,254
Intangible assets, net (including goodwill)770771772772773773774
Goodwill741741741741741741741
Intangible assets, net (excluding goodwill)29303131323233
Other noncurrent assets4,0333,5843,4213,3933,2613,6813,498
Defined benefit plan, assets for plan benefits293      
Deferred tax assets, net(3,306)   (2,339)  
Other undisclosed noncurrent assets9,0426,0286,1146,3259,0838,7107,637
Total noncurrent assets:112,192112,742114,552115,147115,640118,788118,163
TOTAL ASSETS:129,011129,128128,314130,300129,262131,086129,488
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities25,81124,60727,56625,06723,47422,94324,536
Accounts payable6,2487,0098,8017,4516,8127,9558,621
Accrued liabilities11,5369,6719,3758,8949,3197,5557,971
Employee-related liabilities5,4444,8794,9625,1404,5804,4944,601
Taxes payable2,5833,0483,4022,5582,7632,9393,343
Interest and dividends payable  1,0261,024   
Debt 8228151,8141,9962,4182,591
Self insurance reserve     328329
Other undisclosed current liabilities(8,027)(7,927)(9,390)(8,722)(7,343)(7,433)(7,944)
Total current liabilities:17,78417,50218,99118,15918,12718,25619,512
Noncurrent Liabilities
Long-term debt and lease obligation1,6561,4531,6624,3116,65610,2869,263
Long-term debt, excluding current maturities 1,4531,6624,3114,7378,4097,328
Capital lease obligations1,656   1,9191,8771,935
Liabilities, other than long-term debt, including:3,8713,9484,0304,0512,8519,3839,296
Pension and other postretirement defined benefit plans, liabilities1,8678,1168,080
Deferred compensation liability, classified4,0403,8793,7863,7884,997  
Deferred tax liabilities, net3,3063,4252,6432,5322,340 20
Liability, pension and other postretirement and postemployment benefits 5331,2331,934  
Self insurance reserve     1,2671,196
Other undisclosed liabilities, other than long-term debt(3,475)(3,889)(3,632)(4,203)(6,353)  
Other undisclosed noncurrent liabilities5,6907,8377,6628,2547,2855,2724,520
Total noncurrent liabilities:11,21713,23813,35416,61616,79224,94123,079
Total liabilities:29,00130,74032,34534,77534,91943,19742,591
Stockholders' equity
Stockholders' equity attributable to parent100,01098,38895,96995,52594,34387,88986,897
Common stock7,5877,5877,5877,5877,5877,5877,587
Treasury stock, value(38,885)(38,885)(38,885)(39,103)(39,381)(39,381)(39,488)
Additional paid in capital69,74369,67269,59869,72769,51369,43669,347
Accumulated other comprehensive loss(103)(150)(157)(164)(174)(3,896)(4,024)
Retained earnings61,66860,16457,82657,47856,79854,14353,475
Total stockholders' equity:100,01098,38895,96995,52594,34387,88986,897
TOTAL LIABILITIES AND EQUITY:129,011129,128128,314130,300129,262131,086129,488

Income statement (P&L) ($ in thousands)

5/31/2015
Q4
2/28/2015
Q3
12/31/2014
Q3
9/30/2014
Q2
5/31/2014
Q4
2/28/2014
Q3
11/30/2013
Q2
Revenues
(Revenue, Net)
50,22147,07352,01662,58353,55945,16149,217
Cost of revenue(32,642)(32,254)(35,171)(42,950)(37,059)(31,842)(33,440)
Cost of goods and services sold (32,254)(35,171)(42,950)(37,059)(31,842)(33,440)
Other undisclosed gross profit(10,302)(9,132)(9,919)(13,243)(10,228)(9,752)(9,962)
Gross profit:7,2775,6876,9266,3906,2723,5675,815
Operating expenses(14,327)(13,758)(13,846)(16,244)(13,590)(12,598)(12,793)
Other undisclosed operating income10,22111,06710,27413,70510,86510,04510,320
Operating income:3,1712,9963,3543,8513,5471,0143,342
Interest and debt expense(80)(55)(124)(111)(115)(120)(135)
Income from continuing operations before income taxes:3,0912,9413,2303,7403,4328943,207
Income tax expense (benefit)(561)(603)(766)(1,117)140691(843)
Net income available to common stockholders, diluted:2,5302,3382,4642,6233,5721,5852,364

Comprehensive Income ($ in thousands)

5/31/2015
Q4
2/28/2015
Q3
12/31/2014
Q3
9/30/2014
Q2
5/31/2014
Q4
2/28/2014
Q3
11/30/2013
Q2
Net income:2,5302,3382,4642,6233,5721,5852,364
Other comprehensive income4777103,722  
Comprehensive income:2,5772,3452,4712,6337,2941,5852,364
Other undisclosed comprehensive income, net of tax, attributable to parent    1128129
Comprehensive income, net of tax, attributable to parent:2,5772,3452,4712,6337,2951,7132,493

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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