Quarterly Report — Form 10-Q
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 10-Q Quarterly Report HTML 1.11M
2: EX-4.1 Instrument Defining the Rights of Security Holders HTML 701K
3: EX-10.1 Material Contract HTML 931K
4: EX-10.2 Material Contract HTML 257K
5: EX-10.3 Material Contract HTML 140K
6: EX-10.4 Material Contract HTML 116K
7: EX-10.5 Material Contract HTML 152K
8: EX-18.1 Letter re: a Change in Accounting Principles or HTML 28K
Practices
9: EX-31.1 Certification -- §302 - SOA'02 HTML 31K
10: EX-31.2 Certification -- §302 - SOA'02 HTML 31K
11: EX-31.3 Certification -- §302 - SOA'02 HTML 31K
12: EX-32.1 Certification -- §906 - SOA'02 HTML 29K
19: R1 Document and Entity Information HTML 82K
20: R2 Consolidated Balance Sheets HTML 137K
21: R3 Consolidated Balance Sheets (Parenthetical) HTML 56K
22: R4 Consolidated Statements of Income HTML 104K
23: R5 Consolidated Statements of Comprehensive Income HTML 66K
24: R6 Consolidated Statements of Comprehensive Income HTML 39K
(Parenthetical)
25: R7 Consolidated Statements of Cash Flows HTML 141K
26: R8 Consolidated Statements of Changes in HTML 89K
Stockholders' Equity (Deficit)
27: R9 Consolidated Statements of Changes in HTML 39K
Stockholders' Equity (Deficit) (Parenthetical)
28: R10 Description of Business and Basis of Presentation HTML 35K
29: R11 Summary of Significant Accounting Policies HTML 103K
30: R12 Acquisitions HTML 46K
31: R13 Derivative Instruments HTML 35K
32: R14 Fair Value of Financial Instruments HTML 38K
33: R15 Inventories HTML 75K
34: R16 Other Current Assets HTML 37K
35: R17 Property, Plant, and Equipment HTML 42K
36: R18 Other Assets HTML 35K
37: R19 Accrued Liabilities HTML 39K
38: R20 Notes Payable and Long-Term Debt HTML 64K
39: R21 Leases HTML 65K
40: R22 Income Taxes HTML 33K
41: R23 Pension and Postretirement Benefit Plans HTML 51K
42: R24 Share Incentive Plans HTML 132K
43: R25 Contingencies HTML 35K
44: R26 Income Per Share HTML 79K
45: R27 Segment Information HTML 107K
46: R28 Dividends and Share Repurchase HTML 31K
47: R29 Subsequent Events HTML 30K
48: R30 Description of Business and Basis of Presentation HTML 31K
(Policies)
49: R31 Summary of Significant Accounting Policies HTML 123K
(Policies)
50: R32 Summary of Significant Accounting Policies HTML 79K
(Tables)
51: R33 Acquisitions (Tables) HTML 42K
52: R34 Inventories (Tables) HTML 77K
53: R35 Other Current Assets (Tables) HTML 37K
54: R36 Property, Plant, and Equipment (Tables) HTML 41K
55: R37 Other Assets (Tables) HTML 35K
56: R38 Accrued Liabilities (Tables) HTML 39K
57: R39 Notes Payable and Long-Term Debt (Tables) HTML 45K
58: R40 Leases (Tables) HTML 70K
59: R41 Pension and Postretirement Benefit Plans (Tables) HTML 46K
60: R42 Share Incentive Plans (Tables) HTML 128K
61: R43 Income Per Share (Tables) HTML 78K
62: R44 Segment Information (Tables) HTML 106K
63: R45 Description of Business and Basis of Presentation HTML 31K
(Details)
64: R46 Summary of Significant Accounting Policies, HTML 29K
Shipping Costs (Details)
65: R47 Summary of Significant Accounting Policies, HTML 34K
Derivative Instruments (Details)
66: R48 Summary of Significant Accounting Policies, Master HTML 106K
Settlement Agreement (Details)
67: R49 Summary of Significant Accounting Policies, Food HTML 33K
and Drug Administration (Details)
68: R50 Summary of Significant Accounting Policies, Recent HTML 52K
Accounting Pronouncements (Details)
69: R51 Acquisitions, ReCreation Marketing (Details) HTML 75K
70: R52 Acquisitions, SDI Reorganization (Details) HTML 45K
71: R53 Acquisitions, Durfort Holdings (Details) HTML 48K
72: R54 Derivative Instruments (Details) HTML 77K
73: R55 Fair Value of Financial Instruments (Details) HTML 87K
74: R56 Inventories, Change in Method of Accounting for HTML 111K
Inventory (Details)
75: R57 Inventories, Components of Inventories (Details) HTML 46K
76: R58 Other Current Assets (Details) HTML 37K
77: R59 Property, Plant, and Equipment (Details) HTML 46K
78: R60 Other Assets (Details) HTML 34K
79: R61 Accrued Liabilities (Details) HTML 44K
80: R62 Notes Payable and Long-Term Debt, Summary of Notes HTML 48K
Payable and Long-Term Debt (Details)
81: R63 Notes Payable and Long-Term Debt, Senior Secured HTML 56K
Notes (Details)
82: R64 Notes Payable and Long-Term Debt, 2021 Revolving HTML 57K
Credit Facility (Details)
83: R65 Notes Payable and Long-Term Debt, 2018 Credit HTML 42K
Facility (Details)
84: R66 Notes Payable and Long-Term Debt, 2018 First Lien HTML 75K
Credit Facility (Details)
85: R67 Notes Payable and Long-Term Debt, Convertible HTML 55K
Senior Notes (Details)
86: R68 Notes Payable and Long-Term Debt, Promissory Note HTML 42K
(Details)
87: R69 Notes Payable and Long-Term Debt, Unsecured Loan HTML 35K
(Details)
88: R70 Notes Payable and Long-Term Debt, Note Payable - HTML 37K
IVG (Details)
89: R71 Leases (Details) HTML 85K
90: R72 Income Taxes (Details) HTML 32K
91: R73 Pension and Postretirement Benefit Plans (Details) HTML 54K
92: R74 Share Incentive Plans, Equity Incentive Plans HTML 48K
(Details)
93: R75 Share Incentive Plans, Stock Option Activity HTML 66K
(Details)
94: R76 Share Incentive Plans, Assumptions for Options HTML 56K
Granted Under 2006 Plan (Details)
95: R77 Share Incentive Plans, Assumptions for Options HTML 120K
Granted Under 2015 Plan (Details)
96: R78 Share Incentive Plans, Compensation Expense HTML 34K
Related to Options (Details)
97: R79 Share Incentive Plans, Performance-Based HTML 89K
Restricted Stock Units (Details)
98: R80 Contingencies (Details) HTML 35K
99: R81 Income Per Share (Details) HTML 75K
100: R82 Segment Information, Financial Information of HTML 90K
Reportable Segments (Details)
101: R83 Segment Information, Revenue Disaggregation - HTML 44K
Sales Channel (Details)
102: R84 Segment Information, Net Sales - Domestic and HTML 38K
Foreign (Details)
103: R85 Dividends and Share Repurchase (Details) HTML 50K
104: R86 Subsequent Events (Details) HTML 31K
106: XML IDEA XML File -- Filing Summary XML 189K
18: XML XBRL Instance -- brhc10023570_10q_htm XML 2.45M
105: EXCEL IDEA Workbook of Financial Reports XLSX 126K
14: EX-101.CAL XBRL Calculations -- tpb-20210331_cal XML 264K
15: EX-101.DEF XBRL Definitions -- tpb-20210331_def XML 1.17M
16: EX-101.LAB XBRL Labels -- tpb-20210331_lab XML 2.40M
17: EX-101.PRE XBRL Presentations -- tpb-20210331_pre XML 1.54M
13: EX-101.SCH XBRL Schema -- tpb-20210331 XSD 232K
107: JSON XBRL Instance as JSON Data -- MetaLinks 496± 724K
108: ZIP XBRL Zipped Folder -- 0001140361-21-015966-xbrl Zip 739K
‘EX-18.1’ — Letter re: a Change in Accounting Principles or Practices
This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]
Turning Point Brands, Inc.
5201 Interchange Way
At your request, we have read the description included in your Form 10-Q for the quarter ended
March 31, 2021 of the facts relating to your change from the last-in, first-out
(
“LIFO”) method of accounting for certain inventories to the first-in, first-out (
“FIFO”) method. We believe, on the basis of the facts so set forth and other information furnished to us by appropriate officials of
the Company, that the accounting
change described in your Form 10-Q is to an alternative accounting principle that is preferable under the circumstances.
We have not audited any consolidated financial statements of Turning Point Brands, Inc. and its consolidated
subsidiaries as of any date or for any period subsequent to
December
31, 2020. Therefore, we are unable to express, and we do not express, an opinion on the facts set forth in the above-mentioned Form 10-Q on the related information furnished to us by officials of
the Company, or on the financial position, results of
operations, or cash flows of Turning Point Brands, Inc. and its consolidated
subsidiaries as of any date or for any period subsequent to
December 31, 2020.
Greensboro, North Carolina
