Section 16 Filings Only
LAPOLLA INDUSTRIES INC filed this 10-Q on 08/19/2011.
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Trade Receivables [Abstract] Trade Receivables, Net Accumulated Other Comprehensive Gain (Loss) Additional Paid-In Capital Depreciation Depreciation Amortization of Other Intangible Assets CONDENSED BALANCE SHEETS (UNAUDITED) [Abstract] CONDENSED BALANCE SHEETS (UNAUDITED) [Abstract] Net Income (Loss) Per Share - Basic Interest Expense - Amortization of Discount Amortization of Debt Discount (Premium) Cash at Beginning of Period Cash at End of Period Cash and Cash Equivalents, at Carrying Value Cash Payments for Interest Trade Receivables Inventories Prepaid Expenses and Other Current Assets Accounts Payable Increase (Decrease) in Accounts Payable, Trade Changes in Assets and Liabilities: Common Stock, shares authorized (in shares) Common Stock, shares issued (in shares) Common Stock, shares outstanding (in shares) Common Stock, $.01 Par Value; 140,000,000 and 98,000,000 Shares Authorized; 81,393,878 and 83,705,376 Issued and Outstanding for June 30, 2011 and December 31, 2010, respectively. Dependence on Few Suppliers Concentration Risk Disclosure [Text Block] Cost of Sales Total Current Liabilities Liabilities, Current Current Liabilities: Current Portion of Derivate Liability Net Income (Loss) Per Share - Diluted Net Effect of Exchange Rate Changes on Cash Share Based Compensation Expense Gross Profit Gross Profit CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) [Abstract] Other Intangible Assets, Net Intangible Assets, Net (Excluding Goodwill) Goodwill Interest Expense Interest Expense, Debt Inventories Inventory, Net Total Liabilities Liabilities Total Liabilities and Stockholders' Equity Liabilities and Equity Liabilities and Stockholders' Equity Non-Current Portion of Revolver Loan Current Portion of Term Loan Non-Current Portion of Term Loan Current Portion of Long-Term Debt Non Current Portion of Long-Term Debt Net Cash Provided by (Used in) Financing Activities Net Cash Provided by (Used in) Financing Activities Cash Flows From Financing Activities Net Cash (Used in) Investing Activities Cash Flows From Investing Activities Net Cash (Used in) Provided by Operating Activities Net Cash Provided by (Used in) Operating Activities Cash Flows From Operating Activities Net Income (Loss) Continuing Operations Net Income (Loss) Available to Common Stockholders Net Income (Loss) Available to Common Stockholders, Basic Net Increase (Decrease) In Cash Cash and Cash Equivalents, Period Increase (Decrease) Total Other (Income) Expense Nonoperating Income (Expense) Other (Income) Expense: Total Other Liabilities Liabilities, Noncurrent Other Liabilities: Professional Fees Operating Income (Loss) Operating Income (Loss) Other, Net Payment for AirTight Asset Purchase Payments to Acquire Other Property, Plant, and Equipment Payment of Preferred Stock Dividends Payments of Dividends, Preferred Stock and Preference Stock Preferred Stock, shares authorized (in shares) Preferred Stock, shares issued (in shares) Preferred Stock, shares outstanding (in shares) Preferred Stock, par value (in dollars per share) Proceeds from Revolving Credit Note Proceeds from Revolver Loan Property, Plant and Equipment Property, Plant and Equipment [Abstract] Provision for Losses on Accounts Receivable Additions to Property, Plant and Equipment Payments to Acquire Property, Plant, and Equipment Related Party Transactions Related Party Transactions Disclosure [Text Block] Principal Repayments to Term Loan Repayments of Bank Debt Principal Repayments to Revolving Credit Note Repayments of Lines of Credit Principal Repayments to Revolver Loan Repayments of Long-term Lines of Credit Principal Repayments on Long Term Debt Repayments of Long-term Debt Principal Repayments to Convertible Term Note Repayments of Convertible Debt Payments for Voluntary Redemption of Preferred Stock Payments for Repurchase of Preferred Stock and Preference Stock Accumulated (Deficit) Sales Inventories Inventory Disclosure [Text Block] Business Segment Information Segment Reporting Disclosure [Text Block] Selling, General and Administrative CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) [Abstract] Stockholders' Equity: Shareholders' Equity Preferred Stock [Abstract] Goodwill and Other Intangible Assets Goodwill and Intangible Assets Disclosure [Text Block] Supplemental Disclosure of Cash Flow Information: Total Current Assets Assets, Current Current Assets: Property, Plant and Equipment Property, Plant and Equipment Disclosure [Text Block] Cash Preferred Stock [Member] Series D Total Assets Assets Statement [Table] Assets Assets [Abstract] Statement [Line Items] Dependence on Few Suppliers [Abstract] Class of Stock [Domain] Depreciation Depreciation, Nonproduction Operating Expenses: Total Operating Expenses Operating Expenses Net Income (Loss) Per Common Share - Basic and Diluted [Abstract] Class of Stock [Axis] Common Stock, par value (in dollars per share) Total Stockholders' Equity Stockholders' Equity Attributable to Parent Preferred Stock, $1.00 Par Value; 2,000,000 Shares Authorized, of which Designation: Series D, 25,000 Shares Authorized; 7,210 and 5,242 Issued and Outstanding for June 30, 2011 and December 31, 2010, respectively; $7,210,000 and $5,242,000 aggregate liquidation preference for June 30, 2011 and December 31, 2010, respectively. Long Term Debt Long-term Debt [Text Block] Supplemental Schedule of Non Cash Investing and Financing Activities: Net Income (Loss) Per Common Share - Basic and Diluted Earnings Per Share [Text Block] Adjustments to Reconcile Net Income (Loss) to Net Cash (Used in) Provided by Operating Activities: Accounts Payable Accounts Payable, Current Net Income (Loss): Basis of Presentation, Critical Accounting Policies, Estimates, and Assumptions Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] Prepaid Expenses and Other Current Assets Prepaid Expense and Other Assets, Current Other Assets: Total Other Assets Other Assets Interest Expense - Related Party Interest Expense, Related Party Accrued Expenses and Other Current Liabilities [Abstract] Basis of Presentation, Critical Accounting Policies, Estimates, and Assumptions [Abstract] Preferred Stock Preferred Stock [Text Block] Accrued Expenses and Other Current Liabilities Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block] (Gain) Loss on Derivative Liability Increase (Decrease) in Derivative Liabilities Goodwill and Other Intangible Assets [Abstract] Derivatives and Fair Value [Abstract] Inventories [Abstract] Long Term Debt [Abstract] Derivatives and Fair Value Derivatives and Fair Value [Text Block] Business Segment Information [Abstract] Related Party Transactions [Abstract] Dividends on Preferred Stock Preferred Stock Dividends, Income Statement Impact Amendment Flag Current Fiscal Year End Date Document Period End Date Entity [Text Block] Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Filer Category Entity Public Float Entity Registrant Name Entity Central Index Key Entity Common Stock, Shares Outstanding Document Fiscal Year Focus Document Fiscal Period Focus Document Type Trade Receivables Disclosure [Text Block] The entire disclosure for trade receivables. Trade Receivables Customer Deposits And Other Noncurrent Assets The noncurrent portion of money or property received from customers that is to be returned upon satisfactory contract completion or as partial prepayment for goods or services to be provided in the future and other noncurrent assets not separately disclosed in the balance sheet. Deposits and Other Non-Current Assets, Net Consulting Fees A fee charged for services rendered during the period under an advisory and consulting agreement with a non-employee director. Weighted Average Number Shares Outstanding Basic Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Weighted Average Shares Outstanding Weighted Average Number Shares Outstanding Diluted The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Weighted Average Shares Outstanding Issuance of Restricted Common Stock To Director For Services The fair value of restricted stock granted to the company's director as payment for advisory and consulting services. Issuance of Restricted Common Stock for Advisory/Consulting Services to Director Exchange of Restricted Common Stock To Series D Preferred Stock Related Party The value of restricted common stock held by a related party converted to Series D preferred stock. Exchange of Restricted Common Stock - Related Party for Series D Preferred Stock - Related Party Conversion Of Accrued Series D Preferred Stock Dividends To Preferred Stock The value of accrued Series D preferred stock dividends payable to a related party converted to shares of preferred stock. Conversion of Accrued Series D Preferred Stock Dividends - Related Party to Preferred Stock Accrued Series D Preferred Stock Dividends Related Party The amount of stock dividends accrued during the reporting period for Series D preferred stock held by a related party. Accrued Series D Preferred Stock Dividends - Related Party Increase Decrease Customer Deposits and Other Noncurrent Assets The increase (decrease) in the carrying amount of customer deposits and other noncurrent assets not separately disclosed in the balance sheet. Deposits and Other Non Current Assets Accrued Expenses and Other Current Liabilities Carrying value as of the balance sheet date of accrued expenses and obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Accrued Expenses and Other Current Liabilities Increase Decrease Accrued Expenses And Other Current Liabilities The increase (decrease) in the carrying value of accrued expenses and obligations incurred through the balance sheet date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Accrued Expenses and Other Current Liabilities Financing Instruments [Abstract] Financing Instruments Disclosure [Text Block] The entire disclosure pertaining to the reporting entity's sources of financing, including revolving credit and loan agreements, credit notes, and term loans. Financing Instruments Securities Transactions [Abstract] Securities Transactions [Text Block] The entire disclosure regarding the reporting entity's securities transactions during the period. Securities Transactions Preferred Stock Liquidation Preference Value The liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. Preferred stock, aggregate liquidation preference




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