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CIK 39648

G&K SERVICES INC
CIK 0000039648 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
48.9
composite ยท 5 signals ยท TRIGGERED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-07 ยท FY 2016-07-02 ยท TRIGGERED67.9

Pension underfunding

DB plan 70% funded โ€” -$32M deficit (8% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-26) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 107847000,
  "plan_assets": 75678000,
  "funded_ratio": 0.7017,
  "deficit": -32169000,
  "deficit_vs_equity": 0.0826,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2016-07-02",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/39648/000003964816000043/0000039648-16-000043-index.htm",
    "form": "10-K",
    "filed": "2016-08-26"
  }
}
P-01 ยท FY 2016-07-02 ยท CLEAN20.6

Earnings quality

Beneish M-Score -2.78 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-26) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.778,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.98,
    "GMI": 0.986,
    "AQI": 0.983,
    "SGI": 1.043,
    "DEPI": 0.922,
    "SGAI": 0.975,
    "LVGI": 0.957,
    "TATA": -0.067
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0668,
  "inputs": {
    "revenue_t": 978041000,
    "revenue_t1": 937642000,
    "total_assets_t": 921537000,
    "net_income_t": 72439000,
    "cfo_t": 134176000
  },
  "stale": false,
  "latest_filing_period": "2016-07-02",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/39648/000003964816000043/0000039648-16-000043-index.htm",
    "form": "10-K",
    "filed": "2016-08-26"
  }
}
P-05 ยท FY 2016-07-02 ยท CLEAN0.0

Tax arbitrage

ETR 37.4% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-26) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2016-07-02": 0.3745,
    "2015-06-27": 0.3636,
    "2014-06-28": 0.3756
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2016-07-02": -0.1645,
    "2015-06-27": -0.1536,
    "2014-06-28": -0.1656
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2016-07-02",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/39648/000003964816000043/0000039648-16-000043-index.htm",
    "form": "10-K",
    "filed": "2016-08-26"
  }
}
P-12 ยท FY 2016-07-02 ยท CLEAN13.4

Restatement predictor

F-Score 0.40 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-26) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.401,
  "probability": 0.00148,
  "components": {
    "rsst": -0.0668,
    "drec": 0.0024,
    "dinv": -0.0024,
    "soft": 0.7255,
    "dcs": 0.0407,
    "droa": 0.0141,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2016-07-02",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/39648/000003964816000043/0000039648-16-000043-index.htm",
    "form": "10-K",
    "filed": "2016-08-26"
  }
}
P-13 ยท FY 2016-07-02 ยท CLEAN0.0

Zombie / distress

Interest coverage 17.94x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2016-08-26) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2016-07-02": 17.943,
    "2015-06-27": 14.18,
    "2014-06-28": 15.208,
    "2013-06-29": 17.31
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 4.203,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 122640000,
    "interest_expense_t": 6835000
  },
  "stale": false,
  "latest_filing_period": "2016-07-02",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/39648/000003964816000043/0000039648-16-000043-index.htm",
    "form": "10-K",
    "filed": "2016-08-26"
  }
}