CIK 703360

LSI CORP

CIK 0000703360 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

79.7

composite · 4 signals · TRIGGERED

Every card below shows the score and the exact filing data it was computed from — 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 — never a guess.

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Signals

P-05 · FY 2013-12-31 · TRIGGERED100.0

Tax arbitrage

ETR 9.5% vs 21% statutory — gap persistent across 3 of 3 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-02-26) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2013-12-31": 0.0953,
    "2012-12-31": -0.1196,
    "2011-12-31": 0.0403
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2013-12-31": 0.1147,
    "2012-12-31": 0.3296,
    "2011-12-31": 0.1697
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703360/000119312514069522/0001193125-14-069522-index.htm",
    "form": "10-K",
    "filed": "2014-02-26"
  }
}

P-13 · FY 2010-12-31 · ELEVATED20.0

Zombie / distress

[FY2010 data, stale — no more recent EBIT figure in XBRL] Altman Z'' -2.43 in the distress zone

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-02-26) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2013-12-31": null,
    "2012-12-31": null,
    "2011-12-31": null,
    "2010-12-31": 5.236
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": -2.435,
  "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": 29327000,
    "interest_expense_t": 5601000
  },
  "stale": true,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703360/000119312513077227/0001193125-13-077227-index.htm",
    "form": "10-K",
    "filed": "2013-02-26"
  }
}

P-01 · FY 2013-12-31 · CLEAN16.4

Earnings quality

Beneish M-Score -2.93 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-02-26) ↗

Evidence — inputs and thresholds

{
  "m_score": -2.927,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.084,
    "GMI": 0.961,
    "AQI": 0.871,
    "SGI": 0.946,
    "DEPI": 1,
    "SGAI": 1.023,
    "LVGI": 0.932,
    "TATA": -0.09
  },
  "defaulted_to_neutral": [
    "DEPI"
  ],
  "sloan_accruals": -0.0904,
  "inputs": {
    "revenue_t": 2370229000,
    "revenue_t1": 2506087000,
    "total_assets_t": 2361705000,
    "net_income_t": 124654000,
    "cfo_t": 337795000
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703360/000119312514069522/0001193125-14-069522-index.htm",
    "form": "10-K",
    "filed": "2014-02-26"
  }
}

P-12 · FY 2013-12-31 · CLEAN31.1

Restatement predictor

F-Score 0.93 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-02-26) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.934,
  "probability": 0.00346,
  "components": {
    "rsst": -0.0904,
    "drec": 0.0029,
    "dinv": -0.0212,
    "soft": 0.6422,
    "dcs": -0.0569,
    "droa": -0.0305,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2013-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/703360/000119312514069522/0001193125-14-069522-index.htm",
    "form": "10-K",
    "filed": "2014-02-26"
  }
}