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Checkpoint Systems (Checkpoint Systems) Long-Term Capital Lease Obligation : $0.0 Mil (As of Mar. 2016)


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What is Checkpoint Systems Long-Term Capital Lease Obligation?

Checkpoint Systems's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0.0 Mil.

Checkpoint Systems's quarterly Long-Term Capital Lease Obligation increased from Sep. 2015 ($0.0 Mil) to Dec. 2015 ($10.8 Mil) but then declined from Dec. 2015 ($10.8 Mil) to Mar. 2016 ($0.0 Mil).

Checkpoint Systems's annual Long-Term Capital Lease Obligation increased from Dec. 2013 ($0.0 Mil) to Dec. 2014 ($33.1 Mil) but then declined from Dec. 2014 ($33.1 Mil) to Dec. 2015 ($10.8 Mil).


Checkpoint Systems Long-Term Capital Lease Obligation Historical Data

The historical data trend for Checkpoint Systems's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Checkpoint Systems Long-Term Capital Lease Obligation Chart

Checkpoint Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 33.09 10.84

Checkpoint Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 10.84 -

Checkpoint Systems  (NYSE:CKP) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Checkpoint Systems Long-Term Capital Lease Obligation Related Terms

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Checkpoint Systems (Checkpoint Systems) Business Description

Traded in Other Exchanges
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Address
Checkpoint Systems Inc was founded in 1969. Company is a manufacturer and provider of technology-driven loss prevention, inventory management and labeling solutions to the retail and apparel industries. It also provides electronic article surveillance systems and tags using RF and electro-magnetic technology. It also engineer systems using RF and acousto-magnetic technology. It operates directly in 28 countries. Its products are developed and manufactured in-house and sold through direct distribution and reseller channels. Company reported its results of operations in three segments: Merchandise Availability Solutions (MAS), Apparel Labeling Solutions (ALS), and Retail Merchandising Solutions (RMS). ALS includes the results of radio frequency identification (RFID) labels business, coupled with data management platform and network of service bureaus that manage the printing of variable information on apparel labels and tags. MAS segment, which is focused on loss prevention and Merchandise Visibility (RFID), includes EAS systems, EAS consumables, Alpha high-theft solutions, RFID systems and software and CheckView in Asia. There were no changes to the RMS Segment. Its competitors include: Tyco International Ltd., Avery Dennison Corporation, SML Group, R-Pac International Corporation, NexGen, Fineline Technologies, SATO DCS & Labeling Worldwide, Garvey Products Inc., Hallo, Avery Dennison Corporation, and Prix International.
Executives
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115
Stephen N David director C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
George Jr Babich director, officer: CEO and President 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
Jack W Partridge director
Julie Spicer England director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Antle William S Iii director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Rowland Bryan T.r. officer: See Remarks 101 WOLF DRIVE, THOROFARE NJ 08086
Van Der Merwe Robert P director, officer: Chairman, President and CEO
George W Off director C/O TDS, 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602
Robert O Aders director