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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Nov. 30, 2013
Nov. 30, 2012
Nov. 30, 2013
Nov. 30, 2012
Revenues        
Sales $ 7,801,296 $ 7,327,659 $ 22,666,134 $ 21,648,429
Franchise and royalty fees 1,478,698 1,308,145 5,454,883 4,375,405
Total revenues 9,279,994 8,635,804 28,121,017 26,023,834
Costs and Expenses        
Cost of sales, exclusive of depreciation and amortization expense of $72,102, $68,388, $214,425 and $206,953, respectively 5,061,615 4,769,166 13,789,705 13,460,977
Franchise costs 510,145 457,558 1,508,604 1,560,078
Sales and marketing 555,833 447,887 1,523,991 1,317,874
General and administrative 1,146,214 847,862 3,625,033 2,389,700
Retail operating 803,338 743,805 2,588,313 2,568,078
Depreciation and amortization 198,466 224,044 670,219 691,590
Impairment loss – Aspen Leaf Yogurt long-lived assets   1,978,216   1,978,216
Total costs and expenses 8,275,611 9,468,538 23,705,865 23,966,513
Income (Loss) from Operations 1,004,383 (832,734) 4,415,152 2,057,321
Interest Income 16,702 10,368 43,690 33,149
Income (Loss) Before Income Taxes 1,021,085 (822,366) 4,458,842 2,090,470
Income Tax Provision (Benefit) 406,886 (312,882) 1,501,608 708,843
Consolidated Net Income (Loss) 614,199 (509,484) 2,957,234 1,381,627
Less: Net (loss) income attributable to non-controlling interest (84,975)   50,969  
Net income (loss) attributable to RMCF $ 699,174 $ (509,484) $ 2,906,265 $ 1,381,627
Basic Earnings (Loss) per Common Share (in Dollars per share) $ 0.11 $ (0.08) $ 0.48 $ 0.23
Diluted Earnings (Loss) per Common Share (in Dollars per share) $ 0.11 $ (0.08) $ 0.45 $ 0.22
Weighted Average Common Shares Outstanding (in Shares) 6,115,860 6,050,279 6,094,529 6,085,057
Dilutive Effect of Stock Options (in Shares) 364,692 130,577 329,927 145,731
Weighted Average Common Shares Outstanding, Assuming Dilution (in Shares) 6,480,552 6,180,856 6,424,456 6,230,788