BRIGGS & STRATTON CORP: 10-Q filed 2019-05-07
What BRIGGS & STRATTON CORP reported in its quarterly report filed 2019-05-07 (fiscal Q3 2019): 42 published measures, 122 facts as tagged in accession 0000014195-19-000016.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2019-05-07
- Fiscal period
- fiscal Q3 2019
- Accession
- 0000014195-19-000016 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All BRIGGS & STRATTON CORP filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 1,616,062,000 | USD | |
| At 2018-07-01 | 1,443,966,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 507,543,000 | USD | |
| At 2018-12-30 | 505,419,000 | USD | |
| At 2018-07-01 | 570,424,000 | USD | |
| At 2018-04-01 | 560,282,000 | USD | |
| At 2017-12-31 | 528,209,000 | USD | |
| At 2017-07-02 | 559,334,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 23,863,000 | USD | |
| At 2018-07-01 | 44,923,000 | USD | |
| At 2018-04-01 | 65,218,000 | USD | |
| At 2017-07-02 | 61,707,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 8,005,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | -35,543,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 31,888,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 504,000 | USD | 273 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | -104,891,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | -19,020,000 | USD | 273 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | 46,379,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | 77,483,000 | USD | 273 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 580,196,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | 1,364,655,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 604,069,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 1,379,599,000 | USD | 273 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | 135,823,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | 100,385,000 | USD | 273 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | -55,213,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | -78,944,000 | USD | 273 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 1,018,265,000 | USD | |
| At 2018-07-01 | 1,071,480,000 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 41,527,000 | shares | 91 |
| 2018-07-02 to 2019-03-31 | 41,691,000 | shares | 273 |
| 2018-01-01 to 2018-04-01 | 42,064,000 | shares | 91 |
| 2017-07-03 to 2018-04-01 | 42,108,000 | shares | 273 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 41,527,000 | shares | 91 |
| 2018-07-02 to 2019-03-31 | 41,691,000 | shares | 273 |
| 2018-01-01 to 2018-04-01 | 42,307,000 | shares | 91 |
| 2017-07-03 to 2018-04-01 | 42,362,000 | shares | 273 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 0.19 | USD/shares | 91 |
| 2018-07-02 to 2019-03-31 | -0.86 | USD/shares | 273 |
| 2018-01-01 to 2018-04-01 | 0.74 | USD/shares | 91 |
| 2017-07-03 to 2018-04-01 | 0 | USD/shares | 273 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 0.19 | USD/shares | 91 |
| 2018-07-02 to 2019-03-31 | -0.86 | USD/shares | 273 |
| 2018-01-01 to 2018-04-01 | 0.74 | USD/shares | 91 |
| 2017-07-03 to 2018-04-01 | 0 | USD/shares | 273 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 1,121,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | -14,331,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 11,675,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 34,163,000 | USD | 273 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 413,280,000 | USD | |
| At 2018-07-01 | 422,080,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 2,300,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | 5,496,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 1,400,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 5,312,000 | USD | 273 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 17,261,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | -28,534,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 50,830,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 50,537,000 | USD | 273 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 837,291,000 | USD | |
| At 2018-07-01 | 679,206,000 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 9,088,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | 21,731,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 8,617,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 19,167,000 | USD | 273 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 627,102,000 | USD | |
| At 2018-07-01 | 384,106,000 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 272,125,000 | USD | |
| At 2018-07-01 | 204,173,000 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 169,693,000 | USD | |
| At 2018-07-01 | 163,200,000 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 253,536,000 | USD | |
| At 2018-07-01 | 182,801,000 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | 11,937,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | 8,710,000 | USD | 273 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 525,210,000 | USD | |
| At 2018-07-01 | 411,831,000 | USD |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 96,987,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | 233,233,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 130,273,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 289,403,000 | USD | 273 |
Selling, general and administrative expense
Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 79,521,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | 267,553,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 80,156,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 245,304,000 | USD | 273 |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 77,523,000 | USD | |
| At 2018-07-01 | 76,408,000 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | -255,021,000 | USD | |
| At 2018-12-30 | -254,768,000 | USD | |
| At 2018-07-01 | -252,272,000 | USD | |
| At 2018-04-01 | -280,546,000 | USD | |
| At 2017-12-31 | -290,254,000 | USD | |
| At 2017-07-02 | -300,026,000 | USD |
Long-term debt
Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 194,934,000 | USD | |
| At 2018-07-01 | 199,954,000 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 1,208,747,000 | USD | |
| At 2018-07-01 | 1,175,165,000 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 795,467,000 | USD | |
| At 2018-07-01 | 753,085,000 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 97,465,000 | USD | |
| At 2018-07-01 | 95,864,000 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 365,491,000 | USD | |
| At 2018-07-01 | 342,680,000 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 45,321,000 | USD | |
| At 2018-07-01 | 33,447,000 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-03-31 | 143,432,000 | USD | |
| At 2018-07-01 | 131,897,000 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 9,126,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | -49,874,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 43,563,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 34,667,000 | USD | 273 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-12-31 to 2019-03-31 | 7,752,000 | USD | 91 |
| 2018-07-02 to 2019-03-31 | -38,292,000 | USD | 273 |
| 2018-01-01 to 2018-04-01 | 41,596,000 | USD | 91 |
| 2017-07-03 to 2018-04-01 | 19,984,000 | USD | 273 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | 47,385,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | 43,756,000 | USD | 273 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | 70,876,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | 25,948,000 | USD | 273 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-02 to 2019-03-31 | 113,407,000 | USD | 273 |
| 2017-07-03 to 2018-04-01 | 62,780,000 | USD | 273 |
Inspect the source
- Entity
- BRIGGS & STRATTON CORP / CIK 0000014195
- Captured
- SEC response SHA-256
c7672659750c4267d389d0a293a07e8476b9156ef81e66d295fa7bd96bbfd8d8
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