Form 8-K
8-K — Lifeway Foods, Inc.
Accession: 0001683168-26-003838
Filed: 2026-05-14
Period: 2026-05-14
CIK: 0000814586
SIC: 2020 (DAIRY PRODUCTS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — lifeway_8k.htm (Primary)
EX-99.1 — PRESS RELEASE DATED MAY 14, 2026. (lifeway_ex9901.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: lifeway_8k.htm · Sequence: 1
LIFEWAY FOODS, INC. 8-K
false
0000814586
0000814586
2026-05-14
2026-05-14
0000814586
LWAY:CommonStockNoParValueMember
2026-05-14
2026-05-14
0000814586
LWAY:PreferredStockPurchaseRightsMember
2026-05-14
2026-05-14
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
`
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 14, 2026
LIFEWAY FOODS, INC.
(Exact name of registrant as specified in its charter)
ILLINOIS
000-17363
36-3442829
(State
or other jurisdiction of
incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
6431
West Oakton Street Morton
Grove, IL
60053
(Address of principal executive
offices)
(Zip code)
Registrant’s telephone number, including
area code: (847) 967-1010
N/A
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each Class
Trading Symbol
Name of each exchange on which registered
Common Stock, no par value
LWAY
Nasdaq
Global Market
Preferred Stock Purchase Rights
None
Nasdaq Global Market
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§ 240.12b 2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On May 14, 2026, Lifeway Foods, Inc. (the “Company”) issued
a press release announcing its financial results for the fiscal quarter ended March 31, 2026. A copy of this press release is furnished
as Exhibit 99.1 to this report and is incorporated herein by reference.
The information in this Item 2.02 of Form 8-K and Exhibit 99.1 attached
hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange
Act”) or otherwise subject to the liabilities of that section, or incorporated by reference into any of the Company’s filings
under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing regardless
of any general incorporation language in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No.
Description
99.1
Press Release dated May 14, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LIFEWAY FOODS, INC.
Date: May 14, 2026
By:
/s/ Eric Hanson
Name:
Eric Hanson
Title:
Chief Financial Officer
3
EX-99.1 — PRESS RELEASE DATED MAY 14, 2026.
EX-99.1
Filename: lifeway_ex9901.htm · Sequence: 2
Exhibit 99.1
Lifeway Foods®
Announces Record-Breaking Results for the First Quarter Ended March 31, 2026
Achieves $63.0 million in net sales, a 37% volume-led
net sales increase, driven by the Company’s flagship Lifeway Kefir
Record-breaking results signal robust Kefir &
Farmer Cheese growth, supported by the widening consumer focus on protein-rich, probiotic foods
Significant gross profit margin expansion of 360
basis points and net income growth of 32% reflect the Company’s disciplined operational execution
Morton Grove, IL — May 14, 2026 —
Lifeway Foods, Inc. (Nasdaq: LWAY) (“Lifeway” or “the Company”), the leading U.S. supplier of kefir and fermented
probiotic foods, today announced financial results for the first quarter ended March 31, 2026.
We kicked off 2026 with a blowout quarter that demonstrates the extraordinary
momentum we’ve built across our business,” said Julie Smolyansky, President and Chief Executive Officer of Lifeway Foods.
“We far exceeded our previous record with net sales of $63.0 million, up 37% year-over-year, surpassing sixty million in quarterly
net sales for the first time and marking our 26th consecutive quarter of year-over-year growth. This exceptional top-line performance
was accompanied by sizeable gross margin expansion of 360 basis points year-over-year, and equally strong net income growth of 32% that
reflects a clean flow-through from our significant sales growth down to the bottom line. We are investing meaningfully behind our core
products to support our rapid growth, and we continue to see impressive velocity acceleration. We also leveraged our SG&A by 300 basis
points this quarter, demonstrating the increasing return and effectiveness of our investments.”
Ms. Smolyansky continued, “We believe Lifeway is uniquely positioned
at the intersection of numerous consumer tailwinds with our on-trend, functional product offerings. The consumer focus on health and wellness
continues to increase, gut-health awareness is spreading and demand from GLP-1 users seeking nutrient-dense, probiotic foods is particularly
strong. We address each of these trends with our flagship Lifeway Kefir and high-protein Lifeway Farmer Cheese, while continuing to build
a pipeline of innovative products, including Muscle Mates™ with creatine and probiotic Kefir Butter™. Together, these offerings
bring new excitement to the category and expand our reach across the cultured dairy landscape. We are very excited about our trajectory
and confident in our ability to execute throughout 2026 as we further capitalize on the growing consumer demand in our space.”
First Quarter 2026 Highlights
· Net Sales: $63.0 million, up 36.7% year-over-year.
· Gross Profit Margin: 27.5%, up 360 basis points
from 23.9% last year.
· Selling, general and administrative expenses
were $10.9 million, up 16.8% from last year, reflecting continued investment in marketing and brand awareness.
· Net Income: $4.7 million, or $0.31 per basic
and $0.30 per diluted common share, compared to a net income of $3.5 million, or $0.23 per basic and diluted common share in the prior
year.
Expanding Lifeway Visibility
Lifeway recently announced strategic partnerships,
experiential marketing initiatives, and product innovation designed to elevate the brand’s visibility and engage health-conscious
consumers nationwide.
· The
Company partnered with Erewhon to launch the Tropical Lifeway Smoothie,
made with Organic Lifeway Kefir, offering the ultimate summer refreshment reminiscent of a creamy frozen lemonade while delivering the
added benefits of probiotics and protein.
· The
Company hosted a retro-inspired Wellness House in Palm Springs during
festival weekend, bringing together media, influencers, tastemakers and wellness enthusiasts for a celebration of Lifeway's legacy and
continued role in shaping the modern wellness conversation.
· The
Company celebrated forty years of Kefir leadership with new cultured
dairy innovations at Expo West 2026, showcasing its Lifeway Muscle Mates™ and Lifeway Kefir Butter™.
1
Outlook
The Company reiterated its long-term target of
$45–$50 million in Adjusted EBITDA1 for FY 2027 and believes it is well positioned to deliver the strongest annual sales
in Company history in FY 2026.
“Our momentum continues to build as we drive
sustainable, profitable growth across the business,” Smolyansky concluded. “We have laid a foundation for durable, long-term
value creation, and believe the investments we are making today in manufacturing capacity, marketing and innovation position us exceptionally
well to capitalize on the tremendous opportunities ahead.”
1. Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA is defined as Operating Income, as
reported, plus Depreciation and Amortization, plus Stock-Based Compensation.
Conference Call and Webcast
A webcast with Lifeway’s President and
Chief Executive Officer discussing these results with additional comments and details is available through the “Investor Relations”
section of the Company’s website at https://lifewaykefir.com/webinars-reports/.
About Lifeway Foods, Inc.
Lifeway Foods, Inc., which has been recognized
as one of America's Growth Leaders by TIME, as Dairy Foods' Processor of the Year 2025, one of Forbes' Best Small Companies and named
to Inc.'s 2025 Best in Business list in the Best Challenger Brands category, is America's leading supplier of the probiotic, fermented
beverage known as kefir. In addition to its line of drinkable kefir, the Company also produces a variety of cheeses and a ProBugs®
line for kids. Lifeway's tart and tangy fermented dairy products are now sold across the United States, Mexico, United Arab Emirates,
Central America and the Caribbean. Learn how Lifeway is good for more than just you at lifewayfoods.com.
Forward-Looking Statements
This press release contains "forward-looking
statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, unaudited estimated
net sales. These statements use words, and variations of words, such as "anticipate," "plan," "project,"
"estimate," "potential," "forecast," "will," "continue," "future," "increase,"
"believe," "outlook," "expect," and "predict." You are cautioned not to rely on these forward-looking
statements. These forward-looking statements are made as of the date of this press release, are based on current expectations of future
events and thus are inherently subject to a number of risks and uncertainties, many of which involve factors or circumstances beyond Lifeway's
control. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary
materially from Lifeway's expectations and projections. These risks, uncertainties, and other factors include: price competition; the
decisions of customers or consumers; the actions of competitors; changes in the pricing of commodities; the effects of government regulation;
possible delays in the introduction of new products; and customer acceptance of products and services. A further list and description
of these risks, uncertainties, and other factors can be found in Lifeway's Annual Report on Form 10-K for the fiscal year ended December
31, 2025. Copies of these filings are available online at https://www.sec.gov, http://lifewaykefir.com/investor-relations/,
or on request from Lifeway. Lifeway expressly disclaims any obligation to update any forward-looking statements (including, without limitation,
to reflect changed assumptions, the occurrence of anticipated or unanticipated events or new information), except as required by law.
2
Non-GAAP Financial Measures
This press release refers to Adjusted EBITDA,
which is a financial measure that has not been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”),
and may exclude items that are significant to understanding and assessing financial results. This non-GAAP measure is provided to enhance
investors’ overall understanding of the Company’s financial performance. Non-GAAP financial measures should be considered
as supplements to GAAP measures reported, should not be considered replacements for, or superior to, GAAP measures reported and may not
be comparable to similarly named measures used by other companies. The Company’s calculation of non-GAAP financial measures may
differ from methods used by other companies.
We are unable to reconcile our target fiscal
year 2027 Adjusted EBITDA to projected net income, the most directly comparable projected GAAP financial measure, because certain information
necessary to calculate such measures on a GAAP basis is unavailable or dependent on the timing of future events outside of our control.
Due to this uncertainty, the Company cannot reconcile target fiscal year 2027 Adjusted EBITDA to the nearest GAAP financial measure without
unreasonable effort.
Derek Miller
Vice President of Communications, Lifeway
Foods
Email: derekm@lifeway.net
Perceptual Advisors
Dan Tarman
Email: dtarman@perceptualadvisors.com
General inquiries:
Lifeway Foods, Inc.
Phone: 847-967-1010
Email: info@lifeway.net
3
LIFEWAY FOODS, INC. AND SUBSIDIARIES
Unaudited Consolidated Balance Sheets
March 31, 2026 and December 31, 2025
(In thousands)
March 31, 2026
December 31,
(Unaudited)
2025
Current assets
Cash and cash equivalents
$ 5,604
$ 5,571
Accounts receivable, net of allowance for credit losses and discounts & allowances of $2,530 and $1,730 at March 31, 2026 and December 31, 2025, respectively
22,985
16,643
Inventories, net
11,452
11,890
Prepaid expenses and other current assets
2,588
2,627
Refundable income taxes
41
325
Total current assets
42,670
37,056
Property, plant and equipment, net
57,844
48,282
Operating lease right-of-use asset
553
465
Goodwill
11,704
11,704
Intangible assets, net
5,683
5,818
Other assets
2,051
2,285
Total assets
$ 120,505
$ 105,610
Current liabilities
Accounts payable
$ 13,845
$ 11,008
Accrued expenses
4,589
5,413
Accrued income taxes
1,518
218
Total current liabilities
19,952
16,639
Line of credit
6,939
–
Operating lease liabilities
426
360
Deferred income taxes, net
2,792
2,792
Other long-term liabilities
74
–
Total liabilities
30,183
19,791
Commitments and contingencies (Note 9)
–
–
Stockholders’ equity
Preferred stock, no par value; 2,500 shares authorized; none issued
–
–
Common stock, no par value; 40,000 shares authorized; 17,274 shares issued; 15,282 and 15,232 outstanding at March 31, 2026 and December 31, 2025, respectively
6,509
6,509
Treasury stock, at cost
(12,889 )
(13,214 )
Paid-in capital
3,347
3,843
Retained earnings
93,355
88,681
Total stockholders’ equity
90,322
85,819
Total liabilities and stockholders’ equity
$ 120,505
$ 105,610
4
LIFEWAY FOODS, INC. AND SUBSIDIARIES
Unaudited Consolidated Statements of Operations
For the three months ended March 31, 2026 and
2025
(In thousands, except per share data)
2026
2025
Net Sales
$ 63,012
$ 46,091
Cost of goods sold
44,741
34,254
Depreciation expense
920
802
Total cost of goods sold
45,661
35,056
Gross profit
17,351
11,035
Selling expense
6,188
4,698
General and administrative expense
4,703
4,628
Amortization expense
135
135
Total operating expenses
11,026
9,461
Income from operations
6,325
1,574
Other income (expense):
Interest expense
(68 )
(14 )
Gain on sales of investments
–
3,352
Other income (expense), net
–
54
Total other (expense) income
(68 )
3,392
Income before provision for income taxes
6,257
4,966
Provision for income taxes
1,583
1,426
Net income
$ 4,674
$ 3,540
Net earnings per common share:
Basic
$ 0.31
$ 0.23
Diluted
$ 0.30
$ 0.23
Weighted average common shares outstanding:
Basic
15,257
15,134
Diluted
15,559
15,333
5
LIFEWAY FOODS, INC. AND SUBSIDIARIES
Consolidated Statements of Cash Flows
(Unaudited)
(In thousands)
Three months ended March 31,
2026
2025
Cash flows from operating activities:
Net income
$ 4,674
$ 3,540
Adjustments to reconcile net income to operating cash flow:
Depreciation and amortization
1,055
937
Stock-based compensation
548
326
Non-cash interest expense
5
3
Bad debt expense
87
–
Gain on sale of investments
–
(3,352 )
Fair value loss on investment
–
20
(Increase) decrease in operating assets:
Accounts receivable
(6,429 )
(1,259 )
Inventories
438
(563 )
Prepaid expenses and other current assets
228
136
Refundable income taxes
283
631
Increase (decrease) in operating liabilities:
Accounts payable
3,397
1,401
Accrued expenses
(1,282 )
(2,765 )
Accrued income taxes
1,300
795
Other long-term liabilities
74
–
Net cash provided by (used in) operating activities
4,378
(150 )
Cash flows from investing activities:
Purchases of property and equipment
(11,041 )
(2,219 )
Proceeds from sale of investments
–
5,152
Net cash (used in) provided by investing activities
(11,041 )
2,933
Cash flows from financing activities:
Borrowings under line of credit
8,000
–
Repayments under line of credit
(1,000 )
–
Payment of deferred financing costs
(21 )
(65 )
Equity award settled in cash
(283 )
–
Net cash provided by (used in) financing activities
6,696
(65 )
Net increase in cash and cash equivalents
33
2,718
Cash and cash equivalents at the beginning of the period
5,571
16,728
Cash and cash equivalents at the end of the period
$ 5,604
$ 19,446
Supplemental cash flow information:
Cash paid for income taxes, net of (refunds)
$ –
$ –
Cash paid for interest
$ 45
$ 11
Non-cash investing activities
Accrued purchase of property and equipment
$ 216
$ 239
Right-of-use assets obtained in exchange for lease obligations
$ 119
$ 8
6
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 8
v3.26.1
Cover
May 14, 2026
Document Type
8-K
Amendment Flag
false
Document Period End Date
May 14, 2026
Entity File Number
000-17363
Entity Registrant Name
LIFEWAY FOODS, INC.
Entity Central Index Key
0000814586
Entity Tax Identification Number
36-3442829
Entity Incorporation, State or Country Code
IL
Entity Address, Address Line One
6431
West Oakton Street
Entity Address, City or Town
Morton
Grove
Entity Address, State or Province
IL
Entity Address, Postal Zip Code
60053
City Area Code
(847)
Local Phone Number
967-1010
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
false
Common Stock No Par Value [Member]
Title of 12(b) Security
Common Stock, no par value
Trading Symbol
LWAY
Security Exchange Name
NASDAQ
Preferred Stock Purchase Rights [Member]
Title of 12(b) Security
Preferred Stock Purchase Rights
No Trading Symbol Flag
true
Security Exchange Name
NASDAQ
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true only for a security having no trading symbol.
+ References
No definition available.
+ Details
Name:
dei_NoTradingSymbolFlag
Namespace Prefix:
dei_
Data Type:
dei:trueItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=LWAY_CommonStockNoParValueMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=LWAY_PreferredStockPurchaseRightsMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: