Financial Statements

Landec Corporation (LNDC)

$9.87

+0.16 (+1.65%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 7111010984-
Net Income -33-3802511
Stock Dividends --0--74
Dividend Paid -----
Retained Earnings 397111010984

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 218200160133-
Annual Depreciation 6448560156
Capital Expenditure -24-27-45-34-23
Net PPE 200218200160133

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -55557769
New Purchases -----
Intangible and Goodwill 5555776969

Landec Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Landec Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.