Lindsay Corporation (LNN) financial statements (2021 and earlier)

Company profile

Business Address 18135 BURKE STREET
OMAHA, NE 68022
State of Incorp. DE
Fiscal Year End August 31
SIC 3523 - Farm Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

11/30/2020
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
8/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments146141127161122101139
Cash and cash equivalents127121127161122101139
Short-term investments2020     
Restricted cash and investments     2 
Receivables75857669748174
Inventory, net of allowances, customer advances and progress billings1141059279867575
Inventory1141059279867575
Prepaid expense   4445
Disposal group, including discontinued operation  311   
Other current assets211816771413
Other undisclosed current assets     1516
Total current assets:356348313331293292322
Noncurrent Assets
Operating lease, right-of-use asset2627 
Property, plant and equipment81806957747879
Intangible assets, net (including goodwill)91918992120124129
Goodwill68686465777777
Intangible assets, net (excluding goodwill)23232427434752
Regulated entity, other noncurrent assets  1    
Deferred income tax assets1010 
Other noncurrent assets111417131367
Deferred tax assets, net75  
Other undisclosed noncurrent assets  11    
Total noncurrent assets:219223187169213207214
TOTAL ASSETS:575571500500506500536
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities36302931373266
Accounts payable36302931373239
Accrued liabilities      7
Employee-related liabilities      16
Taxes payable      4
Debt0000000
Accrued environmental loss contingencies      1
Disposal group, including discontinued operation   2   
Deferred revenue and credits  6
Customer advances and deposits  3
Other liabilities66735247555556
Other undisclosed current liabilities      (38)
Total current liabilities:1021028280928895
Noncurrent Liabilities
Long-term debt and lease obligation141142116117117117117
Long-term debt, excluding current maturities116116116117117117117
Operating lease, liability2526 
Liabilities, other than long-term debt28283327274342
Deferred tax liabilities, net111319
Deferred income tax liabilities11 
Liability, pension and other postretirement and postemployment benefits6666677
Accrued environmental loss contingencies      6
Other liabilities21212720202310
Other undisclosed noncurrent liabilities  1   (6)
Total noncurrent liabilities:169170150143144160153
Total liabilities:271272232223236248248
Stockholders' equity
Stockholders' equity attributable to parent304299268277270252289
Common stock19191919191919
Treasury stock, value(277)(277)(277)(277)(277)(277)(229)
Additional paid in capital78787268635755
Accumulated other comprehensive loss(19)(21)(20)(18)(12)(14)(15)
Retained earnings503500475485478467459
Total stockholders' equity:304299268277270252289
TOTAL LIABILITIES AND EQUITY:575571500500506500536

Income statement (P&L) ($ in millions)

11/30/2020
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
8/31/2015
Revenues474475444548518516560
Cost of revenue(324)(322)(329)(396)(373)(368)(404)
Gross profit:150153115151145149156
Operating expenses(100)(98)(108)(113)(105)(114)(106)
Operating income:4954639403451
Nonoperating income (expense)(6)(5)1(0)2(0)(1)
Investment income, nonoperating1222111
Other nonoperating income (expense)(4)(3)(2)(2)1(1)(2)
Interest and debt expense(5)(5)(5)(5)(5)(5)(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes55  (2)  
Income from continuing operations before equity method investments, income taxes:4349234362947
Other undisclosed income from continuing operations before income taxes1      
Income from continuing operations before income taxes:4449234362947
Income tax expense (benefit)(7)(10)0(14)(13)(9)(20)
Net income available to common stockholders, diluted:3739220232026

Comprehensive Income ($ in millions)

11/30/2020
TTM
8/31/2020
8/31/2019
8/31/2018
8/31/2017
8/31/2016
8/31/2015
Net income:3739220232026
Other comprehensive income (loss)1(1)(1)(6)21(13)
Comprehensive income, net of tax, attributable to parent:3838114252113

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.

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