Luby's, Inc. (LUB) Financial Statements (2024 and earlier)

Company Profile

Business Address 13111 NORTHWEST FREEWAY
HOUSTON, TX 77040
State of Incorp. DE
Fiscal Year End August 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

8/31/2021
Q4
11/30/2020
Q2
8/31/2020
Q4
5/31/2020
Q3
2/29/2020
Q2
12/31/2019
Q1
8/31/2019
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 14,87415,06914,1227,0803,7343,640
Cash and cash equivalents 14,87415,06914,1227,0803,7343,640
Restricted cash and investments6,6516,7567,9178,7049,6469,116
Receivables 1,098   1,486
Inventory, net of allowances, customer advances and progress billings  1,6532,1202,3922,5563,432
Inventory  1,6532,1202,3922,5563,432
Prepaid expense   1,3991,9701,3502,355
Other undisclosed current assets  6,5715,4988,41310,4717,366
Total current assets:21,52531,14731,05628,55927,75727,395
Noncurrent Assets
Operating lease, right-of-use asset  16,75617,79024,29624,781 
Property, plant and equipment  100,599104,288117,430119,202121,743
Intangible assets, net (including goodwill)  15,53815,89016,53916,86317,295
Goodwill  195195514514514
Intangible assets, net (excluding goodwill)  15,34315,69516,02516,34916,781
Disposal group, including discontinued operation, noncurrent assets  1,7151,6911,8131,8131,813
Other undisclosed noncurrent assets  11,64818,54114,66017,49017,754
Total noncurrent assets:  146,256158,200174,738180,149158,605
TOTAL ASSETS:21,525177,403189,256203,297207,906186,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 26,3399,8087,9457,55332,940
Taxes payable      
Employee-related liabilities      
Accounts payable  6,7709,8087,9457,5538,465
Accrued liabilities 19,569   24,475
Deferred revenue      
Debt   6,3868,4839,320 
Disposal group, including discontinued operation  171152514
Other undisclosed current liabilities  3,90325,77224,01526,251 
Total current liabilities: 30,25941,97740,44843,14932,954
Noncurrent Liabilities
Long-term debt and lease obligation 71,91580,08771,31569,86445,439
Long-term debt, excluding current maturities  54,11857,31648,26845,62945,439
Liabilities, other than long-term debt  1,6301,5509228446,577
Other liabilities  1,6301,5509228446,577
Operating lease, liability 17,79722,77123,04724,235 
Total noncurrent liabilities: 73,54581,63772,23770,70852,016
Total liabilities: 103,804123,614112,685113,85784,970
Equity
Equity, attributable to parent  73,59965,64290,61294,049101,030
Common stock  9,9609,9219,8419,8079,753
Treasury stock, value  (4,775)(4,775)(4,775)(4,775)(4,775)
Additional paid in capital  35,65535,40735,47835,14634,870
Retained earnings  32,75925,08950,06853,87161,182
Total equity:  73,59965,64290,61294,049101,030
TOTAL LIABILITIES AND EQUITY: 177,403189,256203,297207,906186,000

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

8/31/2021
Q4
11/30/2020
Q2
8/31/2020
Q4
5/31/2020
Q3
2/29/2020
Q2
12/31/2019
Q1
8/31/2019
Q4
Revenues41,94731,31818,99468,56195,14971,363
Cost of revenue (31,849)(74,983)(21,080)(54,450)(75,579)(56,052)
Other undisclosed gross profit (5,012)46,512(3,057)(7,388)(9,794)(8,536)
Gross profit: 5,0862,847(5,143)6,7239,7766,775
Operating expenses (11,869)52,381(21,613)(16,526)(26,104)(22,881)
Other undisclosed operating income (loss) 5,012(46,512)3,0577,3889,7948,536
Operating income (loss): (1,771)8,716(23,699)(2,415)(6,534)(7,570)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 30405402148240(3)
Interest and debt expense (1,212)(1,312)(1,641)(1,473)(1,962)(1,384)
Other undisclosed income from continuing operations before equity method investments, income taxes  1319523 
Income (loss) from continuing operations before equity method investments, income taxes: (2,953)7,822(24,919)(3,735)(8,233)(8,957)
Other undisclosed income from continuing operations before income taxes 8     
Income (loss) from continuing operations before income taxes: (2,945)7,822(24,919)(3,735)(8,233)(8,957)
Income tax expense (58)(147)(53)(62)(94)(123)
Income (loss) from continuing operations: (3,003)7,675(24,972)(3,797)(8,327)(9,080)
Income (loss) before gain (loss) on sale of properties:(3,019)7,669(24,979)(3,803)(8,338)(9,069)
Income (loss) from discontinued operations (16)(6)(7)(6)(11)11
Net income (loss) available to common stockholders, diluted: (3,019)7,669(24,979)(3,803)(8,338)(9,069)

Comprehensive Income ($ in thousands)

8/31/2021
Q4
11/30/2020
Q2
8/31/2020
Q4
5/31/2020
Q3
2/29/2020
Q2
12/31/2019
Q1
8/31/2019
Q4
Net income (loss): (3,019)7,669(24,979)(3,803)(8,338)(9,069)
Comprehensive income (loss), net of tax, attributable to parent: (3,019)7,669(24,979)(3,803)(8,338)(9,069)

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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