WEST MARINE INC
Consumer Discretionary · Retail-Auto Dealers & Gasoline Stations · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $704.8M | $675.8M | $113.3M | $663.2M | $675.3M | $643.4M |
| Operating income | $7.7M | $4.4M | −$19.1M | $15.7M | $25.3M | $22.8M |
| Net income | $4.5M | $1.9M | −$11.0M | $7.8M | $14.7M | $32.8M |
| Total assets | $391.8M | $385.5M | — | $364.2M | $351.0M | $308.9M |
| Total liabilities | $92.4M | $94.5M | — | $75.7M | $75.7M | $80.0M |
| Equity | $299.5M | $291.0M | — | $288.6M | $275.3M | $255.6M |
| EPS (diluted) | $0.18 | $0.08 | $-0.46 | $0.32 | $0.62 | $1.41 |
| Shares out. | 24.7M | 24.5M | 24.4M | 23.9M | 23.0M | 23.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- 1.1%
- Net margin
- 0.6%
- Return on equity
- 1.5%
- Return on assets
- 1.2%
- Return on capital (ROCE)
- 2.4%
- Liabilities / assets
- 23.6%
- Debt / equity
- 0.31×
- Book value / share
- $12.11
- Revenue growth (YoY)
- 4.3%
- Net income growth (YoY)
- 132.0%
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 · FY2016- Altman Z″ (distress)
- 8.14safe
- Accruals / assets
- −4.8%clean
- Beneish M-Score
- -2.63normal
- Piotroski F-Score
- 8/9strong
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 ScoreOur 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
● 1 severe● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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- NT 10-Kmissed a reporting deadline ↗Mar 11, 2008
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2007
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2006
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2005
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| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Repass Randolph KDirector | Jun 8, 2017 | Gift | 2,000 | $0.00 |
| Hyde Matthew LOfficer — Chief Executive Officer | Aug 23, 2017 | Gift | 7,500 | $0.00 |
| Lasher JeffOfficer — Chief Financial Officer | Sep 14, 2017 | D | 55,849 | $12.97 |
| Madsen Dennis FDirector | Sep 14, 2017 | D | 34,007 | $12.97 |
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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsSep 14, 2017
- Shareholder vote · Other material eventSep 12, 2017
- Other material eventSep 1, 2017
- Results of operationsAug 7, 2017
- Entered a material agreement · Other material eventJun 30, 2017
- Director / officer change · Shareholder vote · Other material eventJun 5, 2017
- Results of operationsApr 26, 2017
- Entered a material agreementApr 14, 2017
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)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.