Bob Evans Farms (Bob Evans Farms) Long-Term Capital Lease Obligation : $0.0 Mil (As of Oct. 2017)

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What is Bob Evans Farms Long-Term Capital Lease Obligation?

Bob Evans Farms's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2017 was $0.0 Mil.

Bob Evans Farms Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bob Evans Farms'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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Bob Evans Farms Long-Term Capital Lease Obligation Chart

Bob Evans Farms Annual Data

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Long-Term Capital Lease Obligation

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Bob Evans Farms Quarterly Data
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Bob Evans Farms (NAS:BOBE) 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.

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Bob Evans Farms (Bob Evans Farms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bob Evans Farms Inc (NAS:BOBE) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bobevansgrocery.com

Bob Evans Farms Inc was incorporated in Delaware in 1985. It is producer and distributor of pork sausage product and complementary home-style refrigerated side dishes and frozen food items under the Bob Evans, Owens and Country Creek brand names. These food products are distributed to warehouses that distribute to retail stores throughout the United States. The Company currently produces food products in its five manufacturing facilities. It is subject to numerous federal, state and local laws affecting its businesses.

Executives

Eileen A Mallesch	director	3776 SOUTH HIGH ST, COLUMBUS OH 43207
Charles M Elson	director	1401 61STG STREET S, STETSON UNIV COLLEGE OF LAW, ST PETERSBURG FL 33707
Larry S Mcwilliams	director
Mary Kay Haben	director	C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Kathy S Lane	director	C/O GILLETTE COMPANY, PRUDENTIAL TOWER BUILDING, BOSTON MA 02199
Douglas N Benham	director
David W Head	director	4311 SNEED ROAD, NASHVILLE TN 37215
Saed Mohseni	director, officer: Chief Executive Officer	720 SW WASHINGTON STREET, SUITE 550, PORTLAND OR 97205
Drew T. Domecq	officer: SVP - Chief Information Office	810 DSW DRIVE, COLUMBUS OH 43219
Paul S Williams	director	C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Kevin C Oneil	officer: VP - Associate General Counsel	3776 S HIGH STREET, C/O BOB EVANS FARMS INC, COLUMBUS OH 43207
Steven A Davis	director, officer: CEO/COB	3776 SOUTH HIGH ST, COLUMBUS OH 43207
Michael J Gasser	director	425 WINTER ROAD, DELAWARE OH 43015
Gordon Gee	director	100 MISSION RIDGE, GOODLETTTSVILLE TN 37072
Paul F Desantis	officer: CFO	25435 HARVARD RD, BEACHWOOD OH 44122-6201