Briggs & Stratton Corporation (BGG) Financial Statements (2024 and earlier)
Company Profile
Business Address |
12301 W WIRTH ST WAUWATOSA, WI 53222 |
State of Incorp. | WI |
Fiscal Year End | June 30 |
Industry (SIC) | 351 - Engines And Turbines (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
3/31/2020 Q3 | 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 42,230 | 48,740 | 29,569 | 23,863 | 33,954 | 29,012 | |||
Cash and cash equivalents | 42,230 | 48,740 | 29,569 | 23,863 | 33,954 | 29,012 | |||
Receivables | 219,351 | 198,021 | 198,498 | 253,536 | 242,232 | 185,188 | |||
Inventory, net of allowances, customer advances and progress billings | 612,119 | 612,401 | 502,006 | 525,210 | 567,256 | 544,848 | |||
Inventory | 612,119 | 612,401 | 502,006 | 525,210 | 567,256 | 544,848 | |||
Other undisclosed current assets | 34,141 | 38,887 | 32,404 | 34,682 | 38,481 | 34,811 | |||
Total current assets: | 907,841 | 898,049 | 762,477 | 837,291 | 881,923 | 793,859 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 396,906 | 402,162 | 411,045 | 413,280 | 413,155 | 416,970 | |||
Long-term investments and receivables | 49,641 | ||||||||
Long-term investments | 49,641 | ||||||||
Intangible assets, net (including goodwill) | 266,420 | ||||||||
Goodwill | 169,682 | ||||||||
Intangible assets, net (excluding goodwill) | 96,738 | ||||||||
Other noncurrent assets | 496,129 | 477,047 | 365,491 | 365,392 | 366,378 | ||||
Deferred tax assets, net | ✕ | ✕ | ✕ | 42,970 | ✕ | ||||
Other undisclosed noncurrent assets | 18,878 | ||||||||
Total noncurrent assets: | 893,035 | 879,209 | 788,954 | 778,771 | 778,547 | 783,348 | |||
TOTAL ASSETS: | 1,800,876 | 1,777,258 | 1,551,431 | 1,616,062 | 1,660,470 | 1,577,207 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 349,758 | 382,320 | 417,205 | 415,557 | 358,715 | 368,754 | |||
Accounts payable | 215,295 | 247,338 | 287,620 | 272,125 | 226,536 | 240,489 | |||
Accrued liabilities | 134,463 | 134,982 | 129,585 | 143,432 | 132,179 | 128,265 | |||
Debt | 195,175 | 11,968 | 160,540 | 211,545 | 314,073 | 201,406 | |||
Other undisclosed current liabilities | 12,368 | ||||||||
Total current liabilities: | 557,301 | 394,288 | 577,745 | 627,102 | 672,788 | 570,160 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 428,300 | 645,180 | 194,969 | 195,464 | 196,013 | 200,888 | |||
Long-term debt, excluding current maturities | 428,300 | 565,863 | 194,969 | 195,464 | 196,013 | 200,888 | |||
Capital lease obligations | ✕ | ✕ | 79,317 | ✕ | ✕ | ||||
Liabilities, other than long-term debt | 301,626 | 308,636 | 318,486 | 265,831 | 266,076 | 266,683 | |||
Accounts payable and accrued liabilities | 19,280 | 19,298 | 19,572 | 15,729 | 15,514 | 15,428 | |||
Liability for uncertainty in income taxes | 7,800 | ||||||||
Liability, pension and other postretirement and postemployment benefits | 236,020 | 241,845 | 246,962 | 204,781 | 209,688 | 215,160 | |||
Other liabilities | 46,326 | 47,493 | 44,152 | 45,321 | 40,874 | 36,095 | |||
Other undisclosed noncurrent liabilities | 114,119 | 21,329 | 20,122 | 20,174 | 20,138 | ||||
Total noncurrent liabilities: | 844,045 | 975,145 | 513,455 | 481,417 | 482,263 | 487,709 | |||
Total liabilities: | 1,401,346 | 1,369,433 | 1,091,200 | 1,108,519 | 1,155,051 | 1,057,869 | |||
Equity | |||||||||
Equity, attributable to parent | 399,530 | 407,825 | 446,720 | 507,543 | 505,419 | 519,338 | |||
Common stock | 579 | 579 | 579 | 579 | 579 | 579 | |||
Treasury stock, value | (323,583) | (323,486) | (334,084) | (333,803) | (333,907) | (327,619) | |||
Additional paid in capital | 70,901 | 69,873 | 78,902 | 77,523 | 77,310 | 75,437 | |||
Accumulated other comprehensive loss | (288,983) | (297,363) | (292,550) | (255,021) | (254,768) | (253,934) | |||
Retained earnings | 940,616 | 958,222 | 993,873 | 1,018,265 | 1,016,205 | 1,024,875 | |||
Total equity: | 399,530 | 407,825 | 446,720 | 507,543 | 505,419 | 519,338 | |||
Other undisclosed liabilities and equity | 13,511 | ||||||||
TOTAL LIABILITIES AND EQUITY: | 1,800,876 | 1,777,258 | 1,551,431 | 1,616,062 | 1,660,470 | 1,577,207 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
3/31/2020 Q3 | 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 437,941 | 313,719 | 471,950 | 580,196 | 505,462 | 278,997 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | 580,196 | 505,462 | 278,997 | |
Cost of revenue (Cost of Goods and Services Sold) | (369,916) | (270,472) | (404,132) | (483,209) | (413,005) | (235,243) | ||
Gross profit: | 68,025 | 43,247 | 67,818 | 96,987 | 92,457 | 43,754 | ||
Operating expenses | (79,124) | (78,737) | (81,723) | (79,521) | (87,139) | (100,858) | ||
Other undisclosed operating income (loss) | 946 | 1,263 | 3,243 | (205) | 3,017 | 2,973 | ||
Operating income (loss): | (10,153) | (34,227) | (10,662) | 17,261 | 8,335 | (54,131) | ||
Interest and debt expense | (8,965) | (6,905) | (7,511) | (9,088) | (7,482) | (5,161) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 340 | |||||||
Income (loss) from continuing operations before equity method investments, income taxes: | (19,118) | (41,132) | (17,833) | 8,173 | 853 | (59,292) | ||
Other undisclosed income (loss) from continuing operations before income taxes | (388) | (743) | (391) | 953 | (946) | 343 | ||
Income (loss) from continuing operations before income taxes: | (19,506) | (41,875) | (18,224) | 9,126 | (93) | (58,949) | ||
Income tax expense (benefit) | 4,162 | 8,238 | (316) | (1,121) | (2,511) | 17,963 | ||
Income (loss) from continuing operations: | (15,344) | (33,637) | (18,540) | 8,005 | (2,604) | (40,986) | ||
Income (loss) before gain (loss) on sale of properties: | (15,344) | (33,637) | (18,540) | 8,005 | (2,604) | (40,986) | ||
Net income (loss) attributable to parent: | (15,344) | (33,637) | (18,540) | 8,005 | (2,604) | (40,986) | ||
Undistributed earnings (loss) allocated to participating securities, basic | 63 | 63 | (1,031) | 196 | 154 | 154 | ||
Net income (loss) available to common stockholders, diluted: | (15,281) | (33,574) | (19,571) | 8,201 | (2,450) | (40,832) |
Comprehensive Income ($ in thousands)Annual | Quarterly
3/31/2020 Q3 | 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (15,344) | (33,637) | (18,540) | 8,005 | (2,604) | (40,986) | ||
Other comprehensive income (loss) | 8,380 | (4,813) | (37,529) | (253) | (834) | (1,662) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (6,964) | (38,450) | (56,069) | 7,752 | (3,438) | (42,648) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.