NT 10-Q Notification of Late Filing-发了1800万有抵押可转债

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$Body Central (BODY)$

这段话好象很重要,可惜看不懂[哭泣]
“As of August 5, 2014, the Company had $12 million drawn on its $17 million commitment from Crystal Financial LLC. The Company also expects to include a subsequent event in the forthcoming Form 10-Q indicating that the Company has made the strategic determination to not relocate its corporate office and distribution center to the facilities contemplated in the January 15, 2013 lease agreement between GIV Imeson, LLC and Body Central Stores, Inc.”

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 Explanation of anticipated change in operating results

The Company anticipates that net sales will be approximately $56 million for the quarter ended June 28, 2014, which is a decrease of $19 million from the $75 million reported in the second quarter of 2013. The Company also expects to report a pre-tax loss in a range from $15.9 million to $17.9 million for the second quarter of 2014, compared to pre-tax loss of $14.2 million for the second quarter of 2013. The figures for the three months ended June 28, 2014 do not include an expected $3 million to $5 million impairment charge to the Company's trade name, an expected, yet to be finalized impairment to certain fixed assets, nor do they include an anticipated additional valuation allowance on deferred tax assets, and are unaudited, preliminary and subject to change.

For the six months ended June 28, 2014, the Company anticipates that net sales will be approximately $116 million compared to $157 million for the six months ended June 29, 2013. The Company expects to report a pre-tax loss in a range from $25.5 million to $27.5 million for the six months ended June 28, 2014, compared to pre-tax loss of $10.3 million for the six months ended June 29, 2013.  The figures for the six months ended June 28, 2014 do not include an expected $3 million to $5 million impairment charge to the Company's trade name, an expected, yet to be finalized impairment to certain fixed assets, nor do they include an anticipated additional valuation allowance on deferred tax assets, and are unaudited, preliminary and subject to change.

The Company’s cash, cash equivalents and short-term investments were approximately $4.4 million at June 28, 2014, compared to $38.8 million as of June 29, 2013. Additionally, the Company had $18.0 million in accounts receivable on June 28, 2014, reflecting the forthcoming proceeds of the $18.0 million in subordinated secured convertible notes issued on June 27, 2014. The proceeds of the the subordinated secured convertible notes were received by the Company on June 30, 2014, the first business day of the Company's third fiscal quarter. Cash and cash equivalents were approximately $12.9 million as of August 5, 2014. As of August 5, 2014, the Company had $12 million drawn on its $17 million commitment from Crystal Financial LLC. The Company also expects to include a subsequent event in the forthcoming Form 10-Q indicating that the Company has made the strategic determination to not relocate its corporate office and distribution center to the facilities contemplated in the January 15, 2013 lease agreement between GIV Imeson, LLC and Body Central Stores, Inc.

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2014-08-10 16:23

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