Event-Driven Stocks

LODGENET INTERACTIVE CORP

Communication Services · Communications Services, NEC · DE · SEC filings ↗ · Compare ⊕

Signs2 good4 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY12FY11FY10FY09
Revenue$94.7M$107.7M$452.2M$484.5M
Operating income−$103.8M$28.5M$23.4M$21.7M
Net income−$2.1M−$908,000−$11.7M−$10.2M
Total assets$272.1M$408.7M$444.0M
Total liabilities$457.6M$459.6M$498.4M
Equity−$185.5M−$50.9M−$54.3M−$71.0M
EPS (diluted)$-5.48$-0.25$-0.71
Shares out.25.3M25.3M25.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2012
Operating margin
−109.6%
Net margin
−2.2%
Return on equity
1.1%
Return on assets
−0.8%
Return on capital (ROCE)
Liabilities / assets
168.2%
Debt / equity
Book value / share
$-7.32
Revenue growth (YoY)
−12.1%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2012
Altman Z″ (distress)
-19.17distress
Accruals / assets
22.1%clean
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
32
/ 100
Profitability 25Growth 0Catalyst 33Earnings quality 100Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

3 severe4 warning2 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
6 acquisitions4 disposalsnet 2.5M shares · last 10
InsiderDateTypeSharesPrice
Par Capital Management IncJan 2, 2013Sell1.7M$0.05
Matlack ThomasDirectorNov 13, 2012Sell464,027
Petersen Scott COfficer — President &amp; CEONov 13, 2012Sell25,000$0.12
Battista RichardOfficer — President &amp; CEOOct 19, 2012J550,000$0.00
Par Capital Management Inc10% ownerOct 9, 2012J3,750$3.17
Par Capital Management Inc10% ownerOct 4, 2012J97,800$3.26
Matlack ThomasDirectorMay 31, 2012Grant32,200$0.00
Pachera Vikki IDirectorMay 31, 2012Grant32,200$0.00
Petersen Scott COfficer — President &amp; CEOMay 31, 2012Grant32,200$0.00
Kirby J ScottDirectorMay 31, 2012Grant32,200$0.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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