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)

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 investments42,23048,74029,56923,86333,95429,012
Cash and cash equivalents42,23048,74029,56923,86333,95429,012
Receivables219,351198,021198,498253,536242,232185,188
Inventory, net of allowances, customer advances and progress billings612,119612,401502,006525,210567,256544,848
Inventory612,119612,401502,006525,210567,256544,848
Other undisclosed current assets34,14138,88732,40434,68238,48134,811
Total current assets:907,841898,049762,477837,291881,923793,859
Noncurrent Assets
Property, plant and equipment396,906402,162411,045413,280413,155416,970
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 assets496,129477,047 365,491365,392366,378
Deferred tax assets, net42,970  
Other undisclosed noncurrent assets   18,878   
Total noncurrent assets:893,035879,209788,954778,771778,547783,348
TOTAL ASSETS:1,800,8761,777,2581,551,4311,616,0621,660,4701,577,207
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities349,758382,320417,205415,557358,715368,754
Accounts payable215,295247,338287,620272,125226,536240,489
Accrued liabilities134,463134,982129,585143,432132,179128,265
Debt195,17511,968160,540211,545314,073201,406
Other undisclosed current liabilities12,368     
Total current liabilities:557,301394,288577,745627,102672,788570,160
Noncurrent Liabilities
Long-term debt and lease obligation 428,300645,180194,969195,464196,013200,888
Long-term debt, excluding current maturities 428,300565,863194,969195,464196,013200,888
Capital lease obligations79,317  
Liabilities, other than long-term debt301,626308,636318,486265,831266,076266,683
Accounts payable and accrued liabilities19,28019,29819,57215,72915,51415,428
Liability for uncertainty in income taxes   7,800   
Liability, pension and other postretirement and postemployment benefits236,020241,845246,962204,781209,688215,160
Other liabilities46,32647,49344,15245,32140,87436,095
Other undisclosed noncurrent liabilities114,11921,329 20,12220,17420,138
Total noncurrent liabilities:844,045975,145513,455481,417482,263487,709
Total liabilities:1,401,3461,369,4331,091,2001,108,5191,155,0511,057,869
Equity
Equity, attributable to parent399,530407,825446,720507,543505,419519,338
Common stock579579579579579579
Treasury stock, value(323,583)(323,486)(334,084)(333,803)(333,907)(327,619)
Additional paid in capital70,90169,87378,90277,52377,31075,437
Accumulated other comprehensive loss(288,983)(297,363)(292,550)(255,021)(254,768)(253,934)
Retained earnings940,616958,222993,8731,018,2651,016,2051,024,875
Total equity:399,530407,825446,720507,543505,419519,338
Other undisclosed liabilities and equity   13,511   
TOTAL LIABILITIES AND EQUITY:1,800,8761,777,2581,551,4311,616,0621,660,4701,577,207

Income Statement (P&L) ($ in thousands)

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
Revenues437,941313,719471,950580,196505,462278,997
Revenue, net580,196505,462278,997
Cost of revenue
(Cost of Goods and Services Sold)
(369,916)(270,472)(404,132)(483,209)(413,005)(235,243)
Gross profit:68,02543,24767,81896,98792,45743,754
Operating expenses(79,124)(78,737)(81,723)(79,521)(87,139)(100,858)
Other undisclosed operating income (loss)9461,2633,243(205)3,0172,973
Operating income (loss):(10,153)(34,227)(10,662)17,2618,335(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)8,173853(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)4,1628,238(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 6363(1,031)196154154
Net income (loss) available to common stockholders, diluted:(15,281)(33,574)(19,571)8,201(2,450)(40,832)

Comprehensive Income ($ in thousands)

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.

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