$ALG
ALAMO GROUP INC Stock $alg

$alg Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000089707716000102 Filed on May 06, 2016

Income Statement

Concept	2016 Q1	2015 Q1
Revenue	$211.0M	$207.8M
YoY Change	1.53%	20.39%
Cost Of Revenue	$160.7M	$162.3M
YoY Change	-0.97%	20.66%
Gross Profit	$50.28M	$45.54M
YoY Change	10.41%	19.43%
Gross Profit Margin	23.83%	21.91%
Selling, General & Admin	$33.99M	$33.41M
YoY Change	1.73%	21.49%
% of Gross Profit	67.6%	73.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.579M	$2.815M
YoY Change	62.66%	21.65%
% of Gross Profit	9.11%	6.18%
Operating Expenses	$33.99M	$33.41M
YoY Change	1.73%	21.49%
Operating Profit	$16.29M	$12.13M
YoY Change	34.31%	14.08%
Interest Expense	$1.406M	$1.623M
YoY Change	-13.37%	579.08%
% of Operating Profit	8.63%	13.38%
Other Income/Expense, Net	-$622.0K	$860.0K
YoY Change	-172.33%	81.43%
Pretax Income	$14.32M	$11.42M
YoY Change	25.45%	4.48%
Income Tax	$5.664M	$4.058M
% Of Pretax Income	39.54%	35.54%
Net Earnings	$8.659M	$7.359M
YoY Change	17.67%	1.67%
Net Earnings / Revenue	4.1%	3.54%
Basic Earnings Per Share	$0.76	$0.65
Diluted Earnings Per Share	$0.75	$0.64
COMMON SHARES
Basic Shares Outstanding	11.39M shares	11.28M shares
Diluted Shares Outstanding	11.51M shares	11.44M shares

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$49.70M	$36.70M
YoY Change	35.42%	-13.24%
Cash & Equivalents	$49.65M	$36.66M
Short-Term Investments
Other Short-Term Assets	$5.100M	$11.50M
YoY Change	-55.65%	-12.21%
Inventory	$156.6M	$170.3M
Prepaid Expenses	$5.134M	$5.765M
Receivables	$195.7M	$193.2M
Other Receivables	$1.400M	$400.0K
Total Short-Term Assets	$408.4M	$412.1M
YoY Change	-0.89%	13.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$70.30M	$67.73M
YoY Change	3.8%	10.04%
Goodwill	$76.40M	$72.83M
YoY Change	4.9%	0.59%
Intangibles	$52.47M	$55.71M
YoY Change	-5.81%	912.89%
Long-Term Investments
YoY Change
Other Assets	$2.876M	$1.648M
YoY Change	74.51%	-5.45%
Total Long-Term Assets	$237.9M	$235.4M
YoY Change	1.07%	-11.3%
TOTAL ASSETS
Total Short-Term Assets	$408.4M	$412.1M
Total Long-Term Assets	$237.9M	$235.4M
Total Assets	$646.4M	$647.5M
YoY Change	-0.18%	2.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$54.90M	$57.48M
YoY Change	-4.47%	-13.36%
Accrued Expenses	$30.36M	$37.95M
YoY Change	-19.99%	16.86%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$75.00K	$511.0K
YoY Change	-85.32%	-53.55%
Total Short-Term Liabilities	$86.41M	$96.35M
YoY Change	-10.32%	-5.44%
LONG-TERM LIABILITIES
Long-Term Debt	$173.0M	$208.0M
YoY Change	-16.83%
Other Long-Term Liabilities	$5.879M	$5.645M
YoY Change	4.15%	59.46%
Total Long-Term Liabilities	$178.9M	$213.7M
YoY Change	-16.28%	5935.54%
TOTAL LIABILITIES
Total Short-Term Liabilities	$86.41M	$96.35M
Total Long-Term Liabilities	$178.9M	$213.7M
Total Liabilities	$265.3M	$310.0M
YoY Change	-14.42%	194.03%
SHAREHOLDERS EQUITY
Retained Earnings	$306.7M	$265.9M
YoY Change	15.33%	1.66%
Common Stock	$98.52M	$95.43M
YoY Change	3.24%	2.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$426.0K	$426.0K
YoY Change	0.0%	0.0%
Treasury Stock Shares	42.60K shares	42.60K shares
Shareholders Equity	$372.4M	$331.1M
YoY Change
Total Liabilities & Shareholders Equity	$646.4M	$647.5M
YoY Change	-0.18%	39.11%

Cashflow Statement

Concept	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$8.659M	$7.359M
YoY Change	17.67%	1.67%
Depreciation, Depletion And Amortization	$4.579M	$2.815M
YoY Change	62.66%	21.65%
Cash From Operating Activities	-$5.047M	-$12.91M
YoY Change	-60.9%	-33.42%
INVESTING ACTIVITIES
Capital Expenditures	$1.761M	$1.886M
YoY Change	-6.63%	-14.97%
Acquisitions	$188.0K	$3.465M
YoY Change	-94.57%
Other Investing Activities	$200.0K	-$3.400M
YoY Change	-105.88%
Cash From Investing Activities	-$1.595M	-$5.330M
YoY Change	-70.08%	145.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$317.0K	$275.0K
YoY Change	15.27%	10.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$28.29M	$17.66M
YoY Change	60.21%	10665.85%
NET CHANGE
Cash From Operating Activities	-$5.047M	-$12.91M
Cash From Investing Activities	-$1.595M	-$5.330M
Cash From Financing Activities	$28.29M	$17.66M
Net Change In Cash	$21.64M	-$582.0K
YoY Change	-3818.9%	-97.28%
FREE CASH FLOW
Cash From Operating Activities	-$5.047M	-$12.91M
Capital Expenditures	$1.761M	$1.886M
Free Cash Flow	-$6.808M	-$14.79M
YoY Change	-53.98%	-31.53%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	alg	Increase Decreasein Rental Equipment IncreaseDecreaseinRentalEquipment	3148000	USD
CY2016Q1	alg	Increase Decreasein Rental Equipment IncreaseDecreaseinRentalEquipment	-1916000	USD
CY2015Q4	alg	Rental Equipment Net RentalEquipmentNet	37564000	USD
CY2016Q1	alg	Rental Equipment Net RentalEquipmentNet	33994000	USD
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	107094000	USD
CY2016Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	109854000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-36079000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-32354000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	96778000	USD
CY2016Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	97378000	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	285000	USD
CY2015Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	176000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	285000	USD
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3484000	USD
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3581000	USD
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000897077
CY2015Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	38141000	USD
CY2016Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	30360000	USD
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	11439177	shares
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	ALAMO GROUP INC
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	45486000	USD
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	54903000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	178305000	USD
CY2016Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	195692000	USD
CY2015Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1320000	USD
CY2016Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1076000	USD
CY2015Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	53000	USD
CY2016Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	53000	USD
CY2015Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	781000	USD
CY2016Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	772000	USD
CY2016Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	85962	shares
CY2015Q4	us-gaap	Assets Assets	603503000	USD
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CY2015Q4	us-gaap	Assets Current AssetsCurrent	362886000	USD
CY2016Q1	us-gaap	Assets Current AssetsCurrent	408412000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	39533000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	36661000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	26922000	USD
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CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2016Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11392236	shares
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CY2015Q4	us-gaap	Common Stock Value CommonStockValue	1139000	USD
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	1141000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6088000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	12384000	USD
CY2015Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	162261000	USD
CY2016Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	160694000	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1166000	USD
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CY2015Q1	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-162000	USD
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CY2015Q1	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	472000	USD
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CY2015Q1	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	318000	USD
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CY2015Q1	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	3000	USD
CY2016Q1	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	3000	USD
CY2016Q1	us-gaap	Dividends Cash DividendsCash	1025000	USD
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.65
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CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-2290000	USD
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CY2015Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	10000	USD
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CY2016Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	165000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	75509000	USD
CY2016Q1	us-gaap	Goodwill Goodwill	76397000	USD
CY2016Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
CY2016Q1	us-gaap	Goodwill Translation Adjustments GoodwillTranslationAdjustments	888000	USD
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CY2016Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	1360000	USD
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CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	85024000	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	86414000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	144006000	USD
CY2016Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	173004000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	77000	USD
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CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	144083000	USD
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CY2016Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	173004000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	17656000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	28324000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5330000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1595000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-12908000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-5085000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	7359000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	8659000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	12128000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	16289000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2169000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2876000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	205000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	166000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-13652000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	3559000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3559000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-13447000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	3725000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-166000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	5782000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	5879000	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	860000	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-622000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	903000	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1025000	USD
CY2015Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	3465000	USD
CY2016Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	188000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1886000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1761000	USD
CY2015Q4	us-gaap	Percentage Of Lifo Inventory PercentageOfLIFOInventory	0.45
CY2016Q1	us-gaap	Percentage Of Lifo Inventory PercentageOfLIFOInventory	0.45
CY2015Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5410000	USD
CY2016Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5134000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	275000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	317000	USD
CY2015Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	33000000	USD
CY2016Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	44000000	USD
CY2016Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	69000	USD
CY2015Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	15000000	USD
CY2016Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	15000000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	299057000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	306691000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	207798000	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	210971000	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	33409000	USD
CY2016Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	33988000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	176000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	285000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P5Y
CY2016Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P10Y
CY2015Q1	us-gaap	Proceeds From Repayments Of Long Term Debt And Capital Securities ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities	274000	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Long Term Debt And Capital Securities ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities	-6000	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	21000	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	354000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	178044000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	180158000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	70950000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	70304000	USD
CY2015Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	126000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	317000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	360469000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	372430000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	42600	shares
CY2016Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	42600	shares
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	426000	USD
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	426000	USD
CY2015Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	156000	shares
CY2016Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	118000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11436000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11507000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11280000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11389000	shares
CY2016Q1	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Contingent Matters </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">     </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Like other manufacturers, the Company is subject to a broad range of federal, state, local and foreign laws and requirements, including those concerning air emissions, discharges into waterways, and the generation, handling, storage, transportation, treatment and disposal of hazardous substances and waste materials, as well as the remediation of contamination associated with releases of hazardous substances at the Company’s facilities and off-site disposal locations, workplace safety and equal employment opportunities. These laws and regulations are constantly changing, and it is impossible to predict with accuracy the effect that changes to such laws and regulations may have on the Company in the future. Like other industrial concerns, the Company’s manufacturing operations entail the risk of noncompliance, and there can be no assurance that the Company will not incur material costs or other liabilities as a result thereof.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The Company knows that its Indianola, Iowa property is contaminated with chromium which most likely resulted from chrome plating operations which were discontinued before the Company purchased the property. Chlorinated volatile organic compounds have also been detected in water samples on the property, though the source is unknown at this time. The Company voluntarily worked with an environmental consultant and the state of Iowa with respect to these issues and believes it completed its remediation program in June 2006. The work was accomplished within the Company’s environmental liability reserve balance. We requested a “no further action” classification from the state. We received a conditional “no further action” letter in January of 2009. When we demonstrate stable or improving conditions below residential standards for a certain period of time by monitoring existing wells, we will request an unconditional “no further action” letter.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The Company knows that Bush Hog’s main manufacturing property in Selma, Alabama was contaminated with chlorinated volatile organic compounds which most likely resulted from painting and cleaning operations during the 1960s and 1970s. The contaminated areas were primarily in the location of underground storage tanks and underneath the former waste storage area. Under the Asset Purchase Agreement, Bush Hog’s prior owner agreed to and has removed the underground storage tanks at its cost and has remediated the identified contamination in accordance with the regulations of the Alabama Department of Environmental Management. An environmental consulting firm was retained by the prior owner to administer the cleanup and monitor the site on an ongoing basis until the remediation program is complete and approved by the applicable authorities. The remediation process has been completed.  On August 6, 2015, Bush Hog received a letter of concurrence from the Alabama Department of Environmental Management concluding that Bush Hog had successfully remediated the property and that the site was eligible for liability protection under the Land Recycling and Economic Redevelopment Act for contamination discovered and addressed under Bush Hog’s voluntary cleanup plan.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">  </font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Alamo Group Inc. and Bush Hog, Inc. were added as defendants in 2013 to ongoing litigation by Deere & Company as plaintiff against Bush Hog, LLC (now Duroc, LLC) and Great Plains Manufacturing Incorporated, in which Deere alleged infringement of a mower-related patent. The jury concluded that not only did the defendants not infringe the patent, but that the patent was invalid as well. The Company expensed </font><font style="font-family:Arial;font-size:10pt;">$2,100,000</font><font style="font-family:Arial;font-size:10pt;"> in legal fees related to this lawsuit in 2013. Deere & Company has appealed and requested a new trial. A hearing on the appeal was held on October 8, 2015. A final ruling on the appeal is expected in 2016.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain assets of the Company contain asbestos that may have to be remediated over time. The Company believes that any subsequent change in the liability associated with the asbestos removal will not have a material adverse effect on the Company’s consolidated financial position or results of operations.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The Company is subject to various other federal, state, and local laws affecting its business, as well as a variety of regulations relating to such matters as working conditions, equal employment opportunities, and product safety. A variety of state laws regulate the Company’s contractual relationships with its dealers, some of which impose restrictive standards on the relationship between the Company and its dealers, including events of default, grounds for termination, non-renewal of dealer contracts, and equipment repurchase requirements. The Company believes it is currently in material compliance with all such applicable laws and regulations.</font></div></div>

Files In Submission

Name	View Source	Status
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0000897077-16-000102-index.html	Edgar Link	pending
0000897077-16-000102.txt	Edgar Link	pending
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$ALG
ALAMO GROUP INC Stock $alg

2016 Q1 Form 10-Q Financial Statement

#000089707716000102 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALG ALAMO GROUP INC Stock $alg

2016 Q1 Form 10-Q Financial Statement

#000089707716000102 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALG
ALAMO GROUP INC Stock $alg