Golden Enterprises Inc (GLDC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ONE GOLDEN FLAKE DRIVE BIRMINGHAM, AL 35205 |
| State of Incorp. | DE |
| Fiscal Year End | May 31 |
| Industry (SIC) | 209 - Miscellaneous Food Preparations And Kindred (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,159 | 1,161 | 757 | |||
| Cash and cash equivalents | 1,159 | 1,161 | 757 | |||
| Receivables | 11,086 | 11,341 | 10,460 | |||
| Inventory, net of allowances, customer advances and progress billings | 5,242 | 5,660 | 4,956 | |||
| Inventory | 5,242 | 5,660 | 4,956 | |||
| Prepaid expense | 1,350 | 1,278 | 1,555 | |||
| Other undisclosed current assets | 1,616 | 560 | 596 | |||
| Total current assets: | 20,453 | 19,999 | 18,324 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 24,488 | 25,671 | 27,095 | |||
| Other noncurrent assets | 973 | 1,208 | 1,642 | |||
| Other undisclosed noncurrent assets | (23,858) | (25,069) | (26,399) | |||
| Total noncurrent assets: | 1,603 | 1,810 | 2,338 | |||
| Other undisclosed assets | 24,488 | 25,671 | 27,095 | |||
| TOTAL ASSETS: | 46,545 | 47,480 | 47,756 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 10,915 | 12,687 | 10,290 | |||
| Taxes payable | 379 | 53 | ||||
| Employee-related liabilities | 1,844 | 2,636 | ||||
| Accounts payable | 4,049 | 3,719 | 4,809 | |||
| Accrued liabilities | 5,021 | 5,953 | 5,427 | |||
| Debt | 1,868 | 2,341 | 1,836 | |||
| Self insurance reserve | 1,472 | 1,349 | 1,316 | |||
| Other undisclosed current liabilities | (386) | (1,243) | 606 | |||
| Total current liabilities: | 13,868 | 15,133 | 14,047 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 6,214 | 4,944 | 5,314 | |||
| Long-term debt, excluding current maturities | 4,561 | 4,944 | 5,314 | |||
| Capital lease obligations | ||||||
| Other undisclosed long-term debt and lease obligation | 1,652 | |||||
| Liabilities, other than long-term debt | 4,779 | 3,890 | 4,337 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | 1,033 | |||
| Deferred tax liabilities, net | 3,857 | 2,969 | 3,304 | |||
| Liability, pension and other postretirement and postemployment benefits | 922 | 920 | ✕ | |||
| Total noncurrent liabilities: | 10,992 | 8,834 | 9,651 | |||
| Total liabilities: | 24,860 | 23,967 | 23,699 | |||
| Equity | ||||||
| Equity, attributable to parent | 21,685 | 23,513 | 24,058 | |||
| Common stock | 9,219 | 9,219 | 9,219 | |||
| Treasury stock, value | (13,137) | (10,933) | (10,933) | |||
| Additional paid in capital | 6,553 | 6,498 | 6,498 | |||
| Retained earnings | 19,050 | 18,728 | 19,273 | |||
| Total equity: | 21,685 | 23,513 | 24,058 | |||
| TOTAL LIABILITIES AND EQUITY: | 46,545 | 47,480 | 47,756 | |||
Income Statement (P&L) ($ in thousands)
| 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|
| Revenues | 131,725 | 135,897 | 137,406 | ||
| Revenue, net | 131,725 | 135,897 | 137,345 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (66,132) | (69,665) | (70,787) | ||
| Other undisclosed gross profit | (61) | ||||
| Gross profit: | 65,593 | 66,232 | 66,557 | ||
| Operating expenses | (62,206) | (64,401) | (64,295) | ||
| Other undisclosed operating income (loss) | (234) | (23) | 61 | ||
| Operating income: | 3,152 | 1,809 | 2,324 | ||
| Nonoperating expense | (86) | (215) | (147) | ||
| Other nonoperating income | 89 | 99 | 103 | ||
| Interest and debt expense | (458) | (337) | (311) | ||
| Income from continuing operations before equity method investments, income taxes: | 2,608 | 1,257 | 1,865 | ||
| Other undisclosed income from continuing operations before income taxes | 458 | 337 | 311 | ||
| Income from continuing operations before income taxes: | 3,066 | 1,594 | 2,177 | ||
| Income tax expense | (1,293) | (672) | (1,043) | ||
| Income from continuing operations: | 1,774 | 922 | 1,134 | ||
| Income before gain (loss) on sale of properties: | 1,774 | 922 | 1,134 | ||
| Net income available to common stockholders, diluted: | 1,774 | 922 | 1,134 | ||
Comprehensive Income ($ in thousands)
| 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|
| Net income: | 1,774 | 922 | 1,134 | ||
| Comprehensive income, net of tax, attributable to parent: | 1,774 | 922 | 1,134 | ||
Statements Sources
The financial statements are based on the Company's filings with 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.