Lancaster Colony Corporation (LANC) Financial Statements (2024 and earlier)

Company Profile

Business Address 380 POLARIS PARKWAY
WESTERVILLE, OH 43082
State of Incorp. OH
Fiscal Year End June 30
Industry (SIC) 203 - Canned, Frozen, And Preserved Fruits, Vegetables, and Food Specialties (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2023
MRQ
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8860188198196206
Cash and cash equivalents8860188198196206
Receivables11513598877673
Inventory, net of allowances, customer advances and progress billings158145122858691
Inventory158145122858691
Other current assets13111616119
Total current assets:374352423386369379
Noncurrent Assets
Operating lease, right-of-use asset25282223
Property, plant and equipment482451365293247191
Intangible assets, net (including goodwill)213241267274279224
Goodwill208208208208208168
Intangible assets, net (excluding goodwill)53259657056
Other noncurrent assets181824181111
Total noncurrent assets:739739678608537426
TOTAL ASSETS:1,1131,0901,101993905804
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities16916617412612094
Accounts payable112115110717758
Accrued liabilities575164554336
Total current liabilities:16916617412612094
Noncurrent Liabilities
Long-term debt and lease obligation:  201718  
Liabilities, other than long-term debt826067665958
Deferred tax liabilities, net2317
Deferred income tax liabilities47393934
Other liabilities182128323642
Operating lease, liability17201718
Total noncurrent liabilities:828084845958
Total liabilities:251246258210179152
Equity
Equity, attributable to parent862845843783727652
Common stock144138129125123119
Treasury stock, value(776)(767)(759)(751)(745)(738)
Accumulated other comprehensive loss(9)(11)(8)(12)(10)(8)
Retained earnings1,5041,4851,4821,4211,3601,279
Total equity:862845843783727652
TOTAL LIABILITIES AND EQUITY:1,1131,0901,101993905804

Income Statement (P&L) ($ in millions)

12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
Revenues1,8231,6761,4671,3341,3081,223
Revenue, net1,223
Cost of revenue
(Cost of Goods and Services Sold)
(1,434)(1,321)(1,080)(976)(982)(919)
Gross profit:389356387358326304
Operating expenses(247)(247)(207)(182)(151)(131)
Other undisclosed operating income (loss)  36(0)16 
Operating income:142112186176191172
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
20(0)352
Interest and debt expense (0)(0)(0)(0)  
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  00  
Income from continuing operations before equity method investments, income taxes:143112186179196174
Other undisclosed income from continuing operations before income taxes00    
Income from continuing operations before income taxes:143112186179196174
Income tax expense(32)(23)(43)(42)(45)(39)
Income from continuing operations:11190142137151135
Income before gain (loss) on sale of properties:90142137151135
Net income available to common stockholders, basic:11190142137151135
Other undisclosed net loss available to common stockholders, diluted(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:11189142137150135

Comprehensive Income ($ in millions)

12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
6/30/2018
Net income:11190142137151135
Other comprehensive income (loss)2(3)4(2)(2)3
Comprehensive income, net of tax, attributable to parent:11387146135149138

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.

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