Lifeway Foods, Inc. (LWAY) financial statements (2021 and earlier)

Company profile

Business Address 6431 W OAKTON
MORTON GROVE, IL 60053
State of Incorp. IL
Fiscal Year End December 31
SIC 202 - Dairy Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments843598
Cash and cash equivalents843596
Short-term investments     2
Receivables879111010
Inventory, net of allowances, customer advances and progress billings766888
Inventory766888
Other undisclosed current assets121111
Total current assets:241919252827
Noncurrent Assets
Operating lease, right-of-use asset01
Property, plant and equipment212225252221
Long-term investments and receivables     0
Accounts and financing receivable, after allowance for credit loss     0
Intangible assets, net (including goodwill), including:131313151616
Goodwill999101014
Intangible assets, net (excluding goodwill)444122
Other undisclosed intangible assets, net (including goodwill)   44 
Other undisclosed noncurrent assets22000 
Total noncurrent assets:363838403838
TOTAL ASSETS:605757656665
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities89710810
Accounts payable655767
Accrued liabilities243323
Debt   31 
Other undisclosed current liabilities100011
Total current liabilities:810713911
Noncurrent Liabilities
Long-term debt and lease obligation30 367
Long-term debt, excluding current maturities3  367
Operating lease, liability00
Liabilities, other than long-term debt201222
Deferred tax liabilities, net0122
Deferred income tax liabilities2 
Other liabilities0011  
Other undisclosed noncurrent liabilities 46   
Total noncurrent liabilities:547589
Total liabilities:131414181820
Stockholders' equity
Stockholders' equity attributable to parent474342474845
Common stock777777
Treasury stock, value(12)(13)(13)(12)(10)(10)
Additional paid in capital322222
Accumulated other comprehensive loss     (0)
Retained earnings504747505047
Total stockholders' equity:474342474845
TOTAL LIABILITIES AND EQUITY:605757656665

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues10294103119124137
Revenue, net119124119
Cost of revenue(75)(72)(77)(88)(89)(87)
Cost of goods and services sold(72)(68)(75)(88)(89)(87)
Other undisclosed gross profit     (19)
Gross profit:272226313532
Operating expenses(22)(24)(29)(31)(29)(27)
Operating income (loss):5(2)(3)(1)64
Nonoperating income (expense)(0)3(0)(0)(0)(0)
Investment income, nonoperating 2    
Other nonoperating income (expense)000(0)(0)(0)
Interest and debt expense(0)(0)(0)(0)(0)(0)
Income (loss) from continuing operations before equity method investments, income taxes:51(4)(1)54
Other undisclosed income from continuing operations before income taxes000000
Income (loss) from continuing operations before income taxes:51(3)(1)64
Income tax expense (benefit)(2)(1)00(2)(2)
Net income (loss) available to common stockholders, diluted:30(3)(0)32

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):30(3)(0)32
Other comprehensive income    0 
Comprehensive income (loss):30(3)(0)42
Other undisclosed comprehensive income, net of tax, attributable to parent     0
Comprehensive income (loss), net of tax, attributable to parent:30(3)(0)42

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: