$ALG
ALAMO GROUP INC Stock $alg

$alg Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000089707724000096 Filed on July 31, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$401.3M	$416.3M
YoY Change	-4.37%	-5.53%
Cost Of Revenue	$300.4M	$308.1M
YoY Change	-1.67%	-4.49%
Gross Profit	$100.9M	$108.2M
YoY Change	-11.61%	-8.38%
Gross Profit Margin	25.14%	25.99%
Selling, General & Admin	$56.75M	$60.82M
YoY Change	-6.3%	1.6%
% of Gross Profit	56.25%	56.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$13.25M	$13.21M
YoY Change	9.52%	12.67%
% of Gross Profit	13.14%	12.21%
Operating Expenses	$56.75M	$60.82M
YoY Change	-6.3%	-4.5%
Operating Profit	$40.08M	$43.31M
YoY Change	-19.44%	-20.38%
Interest Expense	-$4.324M	-$5.584M
YoY Change	-164.26%	-13.83%
% of Operating Profit	-10.79%	-12.89%
Other Income/Expense, Net	-$32.00K	-$65.00K
YoY Change	-123.19%	-93.79%
Pretax Income	$35.72M	$37.66M
YoY Change	-17.97%	-19.64%
Income Tax	$8.318M	$9.336M
% Of Pretax Income	23.28%	24.79%
Net Earnings	$27.41M	$28.32M
YoY Change	-21.51%	-22.13%
Net Earnings / Revenue	6.83%	6.8%
Basic Earnings Per Share	$2.29	$2.36
Diluted Earnings Per Share	$2.28	$2.35
COMMON SHARES
Basic Shares Outstanding	12.06M shares	12.05M shares
Diluted Shares Outstanding	12.04M shares	12.04M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$140.0M	$118.5M
YoY Change	23.38%	5.78%
Cash & Equivalents	$140.0M	$118.5M
Short-Term Investments
Other Short-Term Assets	$10.90M	$14.83M
YoY Change	18.47%	35.08%
Inventory	$372.0M	$385.1M
Prepaid Expenses
Receivables	$356.6M	$388.5M
Other Receivables	$51.00K	$463.0K
Total Short-Term Assets	$879.6M	$907.5M
YoY Change	0.71%	4.07%
LONG-TERM ASSETS
Property, Plant & Equipment	$230.7M	$226.0M
YoY Change	5.49%	4.52%
Goodwill	$206.5M	$204.8M
YoY Change	5.41%	3.71%
Intangibles	$156.4M	$159.7M
YoY Change	-2.18%	-2.84%
Long-Term Investments
YoY Change
Other Assets	$26.80M	$24.39M
YoY Change	18.84%	214.89%
Total Long-Term Assets	$601.7M	$598.5M
YoY Change	3.36%	2.17%
TOTAL ASSETS
Total Short-Term Assets	$879.6M	$907.5M
Total Long-Term Assets	$601.7M	$598.5M
Total Assets	$1.481B	$1.506B
YoY Change	1.77%	3.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$97.26M	$102.9M
YoY Change	-12.34%	-11.47%
Accrued Expenses	$84.06M	$76.77M
YoY Change	5.5%	6.24%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$15.00M	$15.00M
YoY Change	0.0%	-0.05%
Total Short-Term Liabilities	$212.0M	$207.6M
YoY Change	-3.33%	-3.39%
LONG-TERM LIABILITIES
Long-Term Debt	$209.2M	$278.6M
YoY Change	-32.29%	-16.23%
Other Long-Term Liabilities	$28.89M	$23.96M
YoY Change	30.29%	-5.16%
Total Long-Term Liabilities	$28.89M	$23.96M
YoY Change	30.29%	-93.3%
TOTAL LIABILITIES
Total Short-Term Liabilities	$212.0M	$207.6M
Total Long-Term Liabilities	$28.89M	$23.96M
Total Liabilities	$240.9M	$231.5M
YoY Change	-0.25%	-60.88%
SHAREHOLDERS EQUITY
Retained Earnings	$931.4M	$907.1M
YoY Change	13.04%	14.58%
Common Stock	$145.8M	$143.3M
YoY Change	6.62%	6.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.018B	$979.7M
YoY Change
Total Liabilities & Shareholders Equity	$1.481B	$1.506B
YoY Change	1.77%	3.31%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$27.41M	$28.32M
YoY Change	-21.51%	-22.13%
Depreciation, Depletion And Amortization	$13.25M	$13.21M
YoY Change	9.52%	12.67%
Cash From Operating Activities	$96.33M	$33.19M
YoY Change	142.03%	-7.74%
INVESTING ACTIVITIES
Capital Expenditures	$7.927M	$4.408M
YoY Change	-10.93%	-52.29%
Acquisitions
YoY Change
Other Investing Activities	$2.110M	$47.00K
YoY Change	955.0%	-88.19%
Cash From Investing Activities	-$5.817M	-$4.361M
YoY Change	-33.14%	-50.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-72.58M	-30.62M
YoY Change	177.01%	16.43%
NET CHANGE
Cash From Operating Activities	96.33M	33.19M
Cash From Investing Activities	-5.817M	-4.361M
Cash From Financing Activities	-72.58M	-30.62M
Net Change In Cash	17.93M	-1.788M
YoY Change	265.98%	-313.37%
FREE CASH FLOW
Cash From Operating Activities	$96.33M	$33.19M
Capital Expenditures	$7.927M	$4.408M
Free Cash Flow	$88.40M	$28.78M
YoY Change	186.08%	7.65%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	785360000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	37763000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1699000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	141000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.22
CY2023Q1	us-gaap	Dividends Cash DividendsCash	2615000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	822348000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	44273000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1869000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	74000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.22
CY2023Q2	us-gaap	Dividends Cash DividendsCash	2622000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	865942000	usd
	us-gaap	Net Income Loss NetIncomeLoss	60444000	usd
	us-gaap	Net Income Loss NetIncomeLoss	69723000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	508000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	244000	usd
	us-gaap	Depreciation Depreciation	11270000	usd
	us-gaap	Equipment Expense EquipmentExpense	4814000	usd
	us-gaap	Equipment Expense EquipmentExpense	4259000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8114000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7639000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	351000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	351000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	4758000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3568000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-21000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	105000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-126000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	2058000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	30657000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	57260000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	11160000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	13273000	usd
	alg	Increase Decrease In Rental Equipment IncreaseDecreaseInRentalEquipment	12198000	usd
	alg	Increase Decrease In Rental Equipment IncreaseDecreaseInRentalEquipment	6889000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3348000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	415000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-34000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	17435000	usd
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	9000	usd
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	4586000	usd
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-2143000	usd
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-1317000	usd
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	1474000	usd
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-784000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	34316000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	37184000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	5237000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1422000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1204000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1819000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	989000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	47173000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	40474000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-4608000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2694000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	66616000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	65045000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51919000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	47016000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	118535000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	112061000	usd
	us-gaap	Interest Paid Net InterestPaidNet	12144000	usd
	us-gaap	Interest Paid Net InterestPaidNet	12140000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	21852000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	19891000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2023Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent
CY2024Q2	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
	us-gaap	Depreciation Depreciation	13279000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11061000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	18238000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	796000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2931000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-10265000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-15307000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	176000000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	117000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	110250000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	64000000	usd
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	7564000	usd
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	7504000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	4402000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6214000	usd
CY2024Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	350858000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	338675000	usd
CY2024Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	27347000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	30616000	usd
CY2024Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	6931000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	8189000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	385136000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	377480000	usd
CY2024Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	9300000	usd
CY2023Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	9000000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	206536000	usd
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-1652000	usd
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-118000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	204766000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	242727000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	243536000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	88519000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	80740000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	154208000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	162796000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	159708000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	168296000	usd
CY2024Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4100000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3800000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8100000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7600000	usd
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	2000	usd
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	2000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	4000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	5000	usd
CY2024Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	1802000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	1482000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	3464000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	2940000	usd
CY2024Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	395000	usd
CY2023Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	305000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	870000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	629000	usd
CY2024Q2	us-gaap	Variable Lease Cost VariableLeaseCost	78000	usd
CY2023Q2	us-gaap	Variable Lease Cost VariableLeaseCost	75000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	151000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	151000	usd
CY2024Q2	us-gaap	Lease Cost LeaseCost	2277000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	1864000	usd
	us-gaap	Lease Cost LeaseCost	4489000	usd
	us-gaap	Lease Cost LeaseCost	3725000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	3181000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	5825000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	5794000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4842000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4372000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	3443000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2734000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1887000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1536000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	786000	usd
CY2024Q2	alg	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	1860000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	962000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	19477000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	17745000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	1512000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	1143000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	17965000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	16602000	usd
CY2024Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	2500000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	17763000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	16279000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	5686000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	5295000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	12279000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	11307000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	17965000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	16602000	usd
CY2024Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y11M19D
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y9M3D
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0439
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0405
	us-gaap	Operating Lease Payments OperatingLeasePayments	3175000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	2639000	usd
CY2024Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	8000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	8000	usd
CY2024Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	15000000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	15000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	15008000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	15008000	usd
CY2024Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	3000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	68000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	278591000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	220269000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	293599000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	235277000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.26
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.22
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.52
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.44
CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.26
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.22
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.52
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.44
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	28324000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	36374000	usd
	us-gaap	Net Income Loss NetIncomeLoss	60444000	usd
	us-gaap	Net Income Loss NetIncomeLoss	69723000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11974000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11921000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11959000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11910000	shares
CY2024Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	70000	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	72000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	73000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	67000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12044000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11993000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12032000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11977000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.36
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.85
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.35
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.03
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.82
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	416303000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	440694000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	841889000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	852465000	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	416303000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	440694000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	841889000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	852465000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	43309000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	54392000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	90288000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	103416000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	204766000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	206536000	usd
CY2024Q2	us-gaap	Assets Assets	1505970000	usd
CY2023Q4	us-gaap	Assets Assets	1409386000	usd
CY2024Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-5506000	usd
CY2023Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	7616000	usd
CY2024Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-327000	usd
CY2023Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-283000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5179000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	7899000	usd
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000897077-24-000096-index-headers.html	Edgar Link	pending
0000897077-24-000096-index.html	Edgar Link	pending
0000897077-24-000096.txt	Edgar Link	pending
0000897077-24-000096-xbrl.zip	Edgar Link	pending
a2024630-ex311.htm	Edgar Link	pending
a2024630-ex312.htm	Edgar Link	pending
a2024630-ex313.htm	Edgar Link	pending
a2024630-ex321.htm	Edgar Link	pending
a2024630-ex322.htm	Edgar Link	pending
a2024630-ex323.htm	Edgar Link	pending
alg-20240630.htm	Edgar Link	pending
alg-20240630.xsd	Edgar Link	pending
alg-20240630_cal.xml	Edgar Link	unprocessable
alg-20240630_def.xml	Edgar Link	unprocessable
alg-20240630_htm.xml	Edgar Link	completed
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
alg-20240630_lab.xml	Edgar Link	unprocessable
alg-20240630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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report.css	Edgar Link	pending
richardconsultingagreeme.htm	Edgar Link	pending
richardconsultingagreeme001.jpg	Edgar Link	pending
richardconsultingagreeme002.jpg	Edgar Link	pending
Show.js	Edgar Link	pending

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$ALG
ALAMO GROUP INC Stock $alg

2024 Q3 Form 10-Q Financial Statement

#000089707724000096 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALG ALAMO GROUP INC Stock $alg

2024 Q3 Form 10-Q Financial Statement

#000089707724000096 Filed on July 31, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALG
ALAMO GROUP INC Stock $alg