Brady Corporation (BRC) financial statements (2021 and earlier)
Company profile
| Business Address |
6555 W GOOD HOPE RD MILWAUKEE, WI 53201-0571 |
| State of Incorp. | WI |
| Fiscal Year End | July 31 |
| SIC | 399 - Miscellaneous Manufacturing Industries (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 1/31/2021 TTM | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 278 | 218 | 279 | 181 | 134 | 141 | 114 | ||
| Cash and cash equivalents | 278 | 218 | 279 | 181 | 134 | 141 | 114 | ||
| Receivables | 154 | 146 | 158 | 161 | 150 | 147 | 157 | ||
| Inventory, net of allowances, customer advances and progress billings | 123 | 136 | 120 | 113 | 107 | 99 | 105 | ||
| Inventory | 123 | 136 | 120 | 113 | 107 | 99 | 105 | ||
| Other undisclosed current assets | 13 | 10 | 16 | 16 | 17 | 19 | 32 | ||
| Total current assets: | 567 | 509 | 573 | 471 | 408 | 407 | 409 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 39 | 42 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 122 | 115 | 110 | 98 | 98 | 102 | 111 | ||
| Intangible assets, net (including goodwill) | 441 | 438 | 447 | 462 | 491 | 490 | 502 | ||
| Goodwill | 421 | 416 | 411 | 420 | 438 | 430 | 433 | ||
| Intangible assets, net (excluding goodwill) | 20 | 22 | 36 | 43 | 53 | 60 | 69 | ||
| Deferred income tax assets | 8 | 9 | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 31 | 29 | 20 | 18 | 18 | 17 | 19 | ||
| Other undisclosed noncurrent assets | 7 | 8 | 35 | 27 | 22 | ||||
| Total noncurrent assets: | 641 | 633 | 584 | 586 | 642 | 637 | 654 | ||
| TOTAL ASSETS: | 1,208 | 1,142 | 1,157 | 1,057 | 1,050 | 1,044 | 1,063 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 137 | 121 | 142 | 146 | 140 | 122 | 118 | ||
| Accounts payable | 67 | 63 | 65 | 67 | 67 | 62 | 73 | ||
| Employee-related liabilities | 52 | 42 | 63 | 68 | 58 | 46 | 30 | ||
| Taxes payable | 18 | 17 | 15 | 12 | 15 | 14 | 15 | ||
| Debt | 50 | 3 | 5 | 43 | |||||
| Other liabilities | 48 | 50 | 50 | 45 | 44 | 40 | 38 | ||
| Other undisclosed current liabilities | 17 | 15 | 10 | ||||||
| Total current liabilities: | 202 | 186 | 242 | 191 | 187 | 167 | 209 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27 | 32 | 53 | 105 | 212 | 201 | |||
| Long-term debt, excluding current maturities | 53 | 105 | 212 | 201 | |||||
| Operating lease, liability | 27 | 32 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 60 | 62 | 65 | 61 | 58 | 62 | 69 | ||
| Liability, pension and other postretirement and postemployment benefits | 3 | ||||||||
| Other liabilities | 60 | 62 | 65 | 61 | 58 | 62 | 65 | ||
| Other undisclosed noncurrent liabilities | (3) | ||||||||
| Total noncurrent liabilities: | 87 | 94 | 65 | 114 | 163 | 274 | 266 | ||
| Total liabilities: | 289 | 279 | 307 | 305 | 350 | 440 | 475 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 919 | 863 | 851 | 752 | 700 | 604 | 588 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | ||||
| Treasury stock, value | (110) | (107) | (46) | (71) | (85) | (109) | (93) | ||
| Additional paid in capital | 334 | 332 | 330 | 326 | 323 | 317 | 314 | ||
| Accumulated other comprehensive loss | (51) | (66) | (71) | (56) | (45) | (55) | (45) | ||
| Retained earnings | 746 | 704 | 638 | 553 | 507 | 453 | 414 | ||
| Other undisclosed stockholders' equity attributable to parent | 1 | (3) | (3) | ||||||
| Total stockholders' equity: | 919 | 863 | 851 | 752 | 700 | 604 | 588 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,208 | 1,142 | 1,157 | 1,057 | 1,050 | 1,044 | 1,063 | ||
Income statement (P&L) ($ in millions)
| 1/31/2021 TTM | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,061 | 1,081 | 1,161 | 1,174 | 1,113 | 1,121 | 1,172 | |
| Revenue, net | ✕ | ✕ | ✕ | 1,174 | 1,113 | 1,121 | 1,172 | |
| Cost of revenue (Cost of Goods and Services Sold) | (548) | (553) | (582) | (586) | (555) | (562) | (613) | |
| Gross profit: | 513 | 529 | 579 | 588 | 558 | 559 | 558 | |
| Operating expenses | (377) | (391) | (416) | (436) | (427) | (441) | (523) | |
| Operating income: | 135 | 138 | 162 | 153 | 131 | 118 | 35 | |
| Nonoperating income (expense) | 2 | (0) | ||||||
| Investment income, nonoperating | (0) | |||||||
| Other nonoperating income | 2 | |||||||
| Interest and debt expense | (1) | (2) | (3) | (3) | (6) | (8) | (11) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 2 | 5 | 5 | 2 | 1 | (1) | 1 | |
| Income from continuing operations before equity method investments, income taxes: | 139 | 141 | 165 | 152 | 127 | 109 | 25 | |
| Loss from equity method investments | (1) | (0) | ||||||
| Other undisclosed loss from continuing operations before income taxes | (0) | |||||||
| Income from continuing operations before income taxes: | 138 | 141 | 165 | 152 | 127 | 109 | 25 | |
| Income tax expense | (32) | (28) | (33) | (61) | (31) | (29) | (20) | |
| Income from continuing operations: | 106 | 112 | 131 | 91 | 96 | 80 | 5 | |
| Loss from discontinued operations | (1) | |||||||
| Net income: | 106 | 112 | 131 | 91 | 96 | 80 | 3 | |
| Other undisclosed net loss attributable to parent | (0) | |||||||
| Net income available to common stockholders, diluted: | 106 | 112 | 131 | 91 | 96 | 80 | 3 | |
Comprehensive Income ($ in millions)
| 1/31/2021 TTM | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 106 | 112 | 131 | 91 | 96 | 80 | 3 | |
| Other comprehensive income (loss) | 21 | 5 | (15) | (12) | 10 | (10) | (109) | |
| Comprehensive income (loss): | 127 | 117 | 116 | 79 | 106 | 70 | (106) | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 127 | 117 | 116 | 79 | 106 | 70 | (106) | |
Statements sources
The financial statements are based on the company's filings with the 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.