Blue Bird Corporation (BLBD) financial statements (2020 and earlier)
Company profile
| Business Address |
3920 ARKWRIGHT ROAD MACON, GA 31210 |
| State of Incorp. | |
| Fiscal Year End | September 30 |
| SIC | 3713 - Truck and Bus Bodies (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8 | 71 | 60 | 63 | 52 | 53 | 0 | ||
| Cash and cash equivalents | 8 | 71 | 60 | 63 | 52 | 53 | 0 | ||
| Receivables | 6 | 11 | 24 | 10 | 20 | 14 | |||
| Inventory, net of allowances, customer advances and progress billings | 139 | 79 | 57 | 76 | 54 | 49 | |||
| Inventory | 139 | 79 | 57 | 76 | 54 | 49 | |||
| Prepaid expense | 0 | ||||||||
| Deferred tax assets | ✕ | ✕ | 8 | 9 | |||||
| Other current assets | 12 | 12 | 8 | 12 | 6 | 4 | |||
| Total current assets: | 164 | 172 | 150 | 160 | 140 | 129 | 0 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 104 | 100 | 66 | 35 | 33 | 29 | |||
| Long-term investments and receivables | 11 | 11 | 11 | 12 | 13 | 13 | |||
| Long-term investments | 11 | 11 | 11 | 12 | 13 | 13 | |||
| Intangible assets, net (including goodwill) | 73 | 74 | 74 | 76 | 78 | 79 | |||
| Goodwill | 19 | 19 | 19 | 19 | 19 | 19 | |||
| Intangible assets, net (excluding goodwill) | 54 | 55 | 55 | 57 | 59 | 60 | |||
| Assets held-in-trust | 115 | ||||||||
| Other noncurrent assets | 0 | 0 | 2 | 1 | 2 | 3 | |||
| Deferred tax assets, net | ✕ | ✕ | 12 | 11 | 15 | ||||
| Other undisclosed noncurrent assets | 8 | 8 | 4 | ||||||
| Total noncurrent assets: | 197 | 193 | 158 | 135 | 138 | 139 | 115 | ||
| TOTAL ASSETS: | 361 | 365 | 307 | 296 | 278 | 268 | 115 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 84 | 111 | 105 | 96 | 89 | 87 | 5 | ||
| Accounts payable | 75 | 102 | 96 | 87 | 81 | 79 | 1 | ||
| Accrued liabilities | 8 | 9 | 9 | 9 | 8 | 7 | 3 | ||
| Debt | 10 | 10 | 10 | 8 | 12 | 12 | |||
| Self insurance reserve | 3 | 3 | 3 | 3 | 4 | 4 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 7 | 6 | 5 | |||
| Other liabilities | 8 | 10 | 4 | 10 | 4 | 7 | |||
| Other undisclosed current liabilities | 30 | 35 | 27 | 15 | 17 | 19 | |||
| Total current liabilities: | 134 | 170 | 149 | 139 | 131 | 133 | 5 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 171 | 173 | 132 | 143 | 140 | 177 | |||
| Long-term debt, excluding current maturities | 171 | 173 | 132 | 143 | 140 | 177 | |||
| Capital lease obligations | ✕ | ✕ | 0 | 0 | |||||
| Liabilities, other than long-term debt | 72 | 73 | 41 | 72 | 94 | 82 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 13 | 11 | 9 | |||
| Accounts payable and accrued liabilities | 13 | 13 | 14 | 12 | 11 | 10 | |||
| Liability, pension and other postretirement and postemployment benefits | 45 | 46 | 21 | 32 | 56 | 46 | |||
| Other liabilities | 12 | 12 | 5 | 15 | 16 | 13 | |||
| Self insurance reserve | 2 | 2 | 2 | 3 | |||||
| Other undisclosed noncurrent liabilities | 51 | 18 | 13 | (3) | 4 | ||||
| Total noncurrent liabilities: | 295 | 264 | 187 | 216 | 234 | 256 | 4 | ||
| Total liabilities: | 429 | 433 | 336 | 354 | 365 | 389 | 8 | ||
| Temporary equity, carrying amount | 102 | ||||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (68) | (68) | (28) | (59) | (87) | (121) | 5 | ||
| Treasury stock, value | (50) | (50) | |||||||
| Additional paid in capital | 84 | 84 | 70 | 45 | 51 | 16 | 11 | ||
| Accumulated other comprehensive loss | (56) | (56) | (38) | (44) | (59) | (52) | |||
| Accumulated deficit | (46) | (46) | (69) | (100) | (129) | (135) | |||
| Warrants and rights outstanding | 12 | ||||||||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 9 | 40 | 50 | 50 | (18) | ||
| Total stockholders' equity: | (68) | (68) | (28) | (59) | (87) | (121) | 5 | ||
| TOTAL LIABILITIES AND EQUITY: | 361 | 365 | 307 | 296 | 278 | 268 | 115 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,017 | 1,019 | 1,025 | 991 | 932 | 919 | ||
| Cost of revenue | (882) | (885) | (903) | (863) | (803) | (799) | ||
| Gross profit: | 136 | 133 | 122 | 127 | 129 | 120 | ||
| Operating expenses | (93) | (90) | (89) | (73) | (103) | (92) | (8) | |
| Other undisclosed operating income | 8 | |||||||
| Operating income (loss): | 43 | 44 | 33 | 55 | 27 | 36 | (16) | |
| Nonoperating income (expense) | (1) | (1) | 0 | 0 | 0 | 0 | ||
| Investment income, nonoperating | 0 | 0 | 0 | 0 | 0 | |||
| Other nonoperating income (expense) | (1) | (1) | 0 | 0 | (0) | |||
| Interest and debt expense | (12) | (13) | (7) | (17) | (16) | (19) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 30 | 30 | 27 | 37 | 10 | 17 | (16) | |
| Income from equity method investments | 2 | 2 | 1 | 3 | 3 | 3 | ||
| Income (loss) from continuing operations before income taxes: | 33 | 32 | 28 | 41 | 13 | 20 | (16) | |
| Income tax expense (benefit) | (7) | (8) | 3 | (12) | (6) | (4) | ||
| Net income (loss): | 25 | 24 | 31 | 29 | 7 | 15 | (16) | |
| Other undisclosed net income (loss) attributable to parent | 0 | (0) | (0) | 11 | ||||
| Net income (loss) attributable to parent: | 25 | 24 | 31 | 29 | 7 | 15 | (6) | |
| Preferred stock dividends and other adjustments | (2) | (4) | (4) | (2) | ||||
| Other undisclosed net loss available to common stockholders, basic | (6) | |||||||
| Net income (loss) available to common stockholders, basic: | 25 | 24 | 29 | 18 | 3 | 13 | (6) | |
| Convertible preferred dividends | 2 | |||||||
| Net income (loss) available to common stockholders, diluted: | 25 | 24 | 29 | 18 | 3 | 15 | (6) | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 25 | 24 | 31 | 29 | 7 | 15 | (16) | |
| Other comprehensive income (loss) | (18) | (18) | 5 | 15 | (7) | 3 | ||
| Comprehensive income (loss): | 7 | 7 | 36 | 44 | 0 | 18 | (16) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (0) | (8) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 7 | 7 | 36 | 44 | (0) | 10 | (16) | |
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.