$BGS
B&G Foods, Inc.

2012 Q4 Form 10-Q Financial Statement

#000110465912071255 Filed on October 25, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q4
Revenue $173.7M $154.2M $150.0M
YoY Change 15.81% 19.08% 19.9%
Cost Of Revenue $114.2M $98.88M $91.60M
YoY Change 24.67% 13.28% 6.51%
Gross Profit $59.48M $55.28M $49.29M
YoY Change 20.68% 31.09% 25.74%
Gross Profit Margin 34.24% 35.86% 32.86%
Selling, General & Admin $20.00M $14.94M $12.70M
YoY Change 57.48% 5.23% 2.42%
% of Gross Profit 33.62% 27.02% 25.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.500M $4.500M $4.100M
YoY Change 34.15% 15.38% 10.81%
% of Gross Profit 9.25% 8.14% 8.32%
Operating Expenses $22.10M $14.94M $14.30M
YoY Change 54.55% 5.23% 2.14%
Operating Profit $37.38M $38.32M $34.99M
YoY Change 6.84% 45.49% 38.85%
Interest Expense -$11.80M $11.99M -$8.300M
YoY Change 42.17% 43.8% -19.42%
% of Operating Profit -31.57% 31.3% -23.72%
Other Income/Expense, Net
YoY Change
Pretax Income $15.20M $26.33M $18.80M
YoY Change -19.15% 46.28% 27.03%
Income Tax $5.600M $9.429M $6.700M
% Of Pretax Income 36.84% 35.82% 35.64%
Net Earnings $9.600M $16.90M $12.10M
YoY Change -20.66% 34.13% 30.11%
Net Earnings / Revenue 5.53% 10.96% 8.07%
Basic Earnings Per Share $0.18 $0.35 $0.26
Diluted Earnings Per Share $0.18 $0.35 $0.25
COMMON SHARES
Basic Shares Outstanding 52.56M shares 48.39M shares 47.82M shares
Diluted Shares Outstanding 48.74M shares 48.48M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.20M $15.40M $98.10M
YoY Change -80.43% -84.83% 12.11%
Cash & Equivalents $19.22M $15.35M $16.74M
Short-Term Investments
Other Short-Term Assets $7.500M $4.600M $3.700M
YoY Change 102.7% 43.75% 2.78%
Inventory $89.76M $107.2M $82.67M
Prepaid Expenses $4.551M
Receivables $43.36M $41.10M $39.48M
Other Receivables $4.200M $3.400M $3.100M
Total Short-Term Assets $164.1M $171.7M $150.2M
YoY Change 9.23% -25.09% -29.6%
LONG-TERM ASSETS
Property, Plant & Equipment $104.7M $62.20M $61.93M
YoY Change 69.14% 3.32% 13.84%
Goodwill $267.9M $262.8M
YoY Change 1.95%
Intangibles $637.2M $634.5M
YoY Change 0.42%
Long-Term Investments
YoY Change
Other Assets $17.99M $20.40M $23.42M
YoY Change -23.19% 117.02% 149.15%
Total Long-Term Assets $1.028B $974.0M $982.7M
YoY Change 4.6% 49.39% 51.3%
TOTAL ASSETS
Total Short-Term Assets $164.1M $171.7M $150.2M
Total Long-Term Assets $1.028B $974.0M $982.7M
Total Assets $1.192B $1.146B $1.133B
YoY Change 5.21% 30.02% 31.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.05M $29.30M $24.43M
YoY Change 2.55% 24.68% -8.17%
Accrued Expenses $23.61M $19.20M $26.72M
YoY Change -11.64% -25.29% 41.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $40.38M $15.38M $9.750M
YoY Change 314.1%
Total Short-Term Liabilities $104.3M $76.90M $71.87M
YoY Change 45.1% 29.68% 34.08%
LONG-TERM LIABILITIES
Long-Term Debt $597.3M $698.0M $710.4M
YoY Change -15.91% 46.06% 48.7%
Other Long-Term Liabilities $8.038M $6.900M $9.409M
YoY Change -14.57% 283.33% -51.5%
Total Long-Term Liabilities $605.4M $704.9M $719.8M
YoY Change -15.9% 46.95% 44.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $104.3M $76.90M $71.87M
Total Long-Term Liabilities $605.4M $704.9M $719.8M
Total Liabilities $830.8M $899.0M $897.4M
YoY Change -7.42% 39.68% 39.95%
SHAREHOLDERS EQUITY
Retained Earnings $144.8M $85.58M
YoY Change 69.24%
Common Stock $526.0K $477.0K
YoY Change 10.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $361.2M $246.7M $235.5M
YoY Change
Total Liabilities & Shareholders Equity $1.192B $1.146B $1.133B
YoY Change 5.21% 30.02% 31.29%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q4
OPERATING ACTIVITIES
Net Income $9.600M $16.90M $12.10M
YoY Change -20.66% 34.13% 30.11%
Depreciation, Depletion And Amortization $5.500M $4.500M $4.100M
YoY Change 34.15% 15.38% 10.81%
Cash From Operating Activities $47.00M $11.70M $13.10M
YoY Change 258.78% -19.31% -25.57%
INVESTING ACTIVITIES
Capital Expenditures -$2.900M -$2.400M -$2.900M
YoY Change 0.0% -4.0% 16.0%
Acquisitions
YoY Change
Other Investing Activities -$62.50M $0.00 $0.00
YoY Change
Cash From Investing Activities -$65.50M -$2.300M -$2.900M
YoY Change 2158.62% -8.0% 16.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 22.40M -15.50M -13.70M
YoY Change -263.5% 53.47% 69.14%
NET CHANGE
Cash From Operating Activities 47.00M 11.70M 13.10M
Cash From Investing Activities -65.50M -2.300M -2.900M
Cash From Financing Activities 22.40M -15.50M -13.70M
Net Change In Cash 3.900M -6.100M -3.500M
YoY Change -211.43% -421.05% -150.0%
FREE CASH FLOW
Cash From Operating Activities $47.00M $11.70M $13.10M
Capital Expenditures -$2.900M -$2.400M -$2.900M
Free Cash Flow $49.90M $14.10M $16.00M
YoY Change 211.88% -17.06% -20.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48387225 shares
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47821907 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48267133 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47903475 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48743162 shares
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48479348 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48597165 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48573605 shares
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.27
CY2011Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.81
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-1000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-51000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-1388000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-631000 USD
us-gaap Interest Paid
InterestPaid
38742000 USD
us-gaap Interest Paid
InterestPaid
29988000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
7899000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
8865000 USD
CY2012Q3 us-gaap Dividends Payable Amount
DividendsPayableAmount
13065000 USD
CY2011Q4 us-gaap Dividends Payable Amount
DividendsPayableAmount
10017000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
98107000 USD
CY2011Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
98738000 USD
us-gaap Nature Of Operations
NatureOfOperations
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">(1)</font></b><font style="FONT-SIZE: 8.5pt" size="1">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt" size="2">Nature of Operations</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">B&amp;G Foods,&#160;Inc. is a holding company, the principal assets of which are the shares of capital stock of its subsidiaries.&#160; Unless the context requires otherwise, references in this report to &#8220;B&amp;G Foods,&#8221; &#8220;our company,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and &#8220;our&#8221; refer to B&amp;G Foods, Inc. and its subsidiaries.&#160; Our financial statements are presented on a consolidated basis.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">We operate in a single industry segment and manufacture, sell and distribute a diverse portfolio of high-quality shelf-stable foods across the United States, Canada and Puerto Rico.&#160; Our products include hot cereals, fruit spreads, canned meats and beans, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, Mexican-style sauces, taco shells and kits, salsas, pickles, peppers, tomato-based products and other specialty products.&#160; Our products are marketed under many recognized brands, including <i><font style="FONT-STYLE: italic">Ac&#8217;cent, B&amp;G, B&amp;M, Baker&#8217;s Joy, Brer Rabbit, Cream of Rice, Cream of Wheat, Don Pepino, Emeril&#8217;s, Grandma&#8217;s Molasses, Joan of Arc, Las Palmas, Maple Grove Farms of Vermont, Molly McButter, Mrs.&#160;Dash, Ortega, Polaner, Red Devil, Regina, Sa-</font> s&#243;n, Sclafani, Sugar Twin, Trappey&#8217;s, Underwood, Vermont Maid </i>and <i>Wright&#8217;s. </i>&#160;We also sell and distribute two branded household products, <i>Static Guard</i> and <i>Kleen Guard</i>.&#160; We compete in the retail grocery, food service, specialty, private label, club and mass merchandiser channels of distribution.&#160; We distribute our products via a network of independent brokers and distributors to supermarket chains, food service outlets, mass merchants, warehouse clubs, non-food outlets and specialty distributors.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2">Acquisitions</font></i></b></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 36.75pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">On November&#160;30, 2011, we completed the acquisition of the <i>Mrs.&#160;Dash</i>, <i>Sugar Twin</i>, <i>Baker&#8217;s Joy</i>, <i>Molly&#160;McButter</i>, <i>Static Guard </i>and<i> Kleen Guard </i>brands from Conopco,&#160;Inc. 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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
dei Entity Registrant Name
EntityRegistrantName
B&G Foods, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001278027
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-09-29
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
52560765 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Fiscal Period
FiscalPeriod
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us-gaap Use Of Estimates
UseOfEstimates
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bgs Number Of Weeks In Fiscal Quarter
NumberOfWeeksInFiscalQuarter
13 week
bgs Number Of Weeks In Fourth Fiscal Quarter
NumberOfWeeksInFourthFiscalQuarter
14 week
CY2012 bgs Number Of Weeks In Fiscal Year
NumberOfWeeksInFiscalYear
52 week
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NumberOfWeeksInFiscalYear
52 week
bgs Number Of Weeks In Fiscal Quarter
NumberOfWeeksInFiscalQuarter
13 week
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InventoryRawMaterialsNetOfReserves
22822000 USD
CY2011Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
347000 USD
CY2011Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
62065000 USD
CY2012Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
30096000 USD
CY2012Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
318000 USD
CY2012Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
76822000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
160390000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
160390000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
38335000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
32268000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
122055000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
128122000 USD
CY2012Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4294000 USD
CY2011Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4893000 USD
CY2012Q3 us-gaap Long Term Debt
LongTermDebt
713394000 USD
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
720107000 USD
CY2012Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
15375000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2438000 USD
CY2012Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
17250000 USD
CY2012Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
24750000 USD
CY2012Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
24750000 USD
CY2012Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
84750000 USD
CY2012Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
563750000 USD
CY2012Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
717688000 USD
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NumberOfQuarterSeniorSecuredLeverageRatioToBeMaintained
4 quarter
bgs Number Of Quarter Consolidated Leverage Ratio To Be Maintained
NumberOfQuarterConsolidatedLeverageRatioToBeMaintained
4 quarter
bgs Number Of Quarter Consolidated Interest Coverage Ratio To Be Maintained
NumberOfQuarterConsolidatedInterestCoverageRatioToBeMaintained
4 quarter
CY2012Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
20000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37988000 USD
CY2011Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
23100000 USD
CY2012Q3 us-gaap Interest Payable Current
InterestPayableCurrent
6500000 USD
CY2011Q4 us-gaap Interest Payable Current
InterestPayableCurrent
13200000 USD
CY2012Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
602000 USD
CY2011Q4 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
525000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1790000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1418000 USD
CY2012Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
512000 USD
CY2011Q4 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
538000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1524000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1513000 USD
CY2012Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
734000 USD
CY2011Q4 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
688000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2184000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1941000 USD
CY2012Q3 us-gaap Defined Benefit Plan Amortization Of Net Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit
-11000 USD
CY2011Q4 us-gaap Defined Benefit Plan Amortization Of Net Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit
-11000 USD
us-gaap Defined Benefit Plan Amortization Of Net Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit
-33000 USD
us-gaap Defined Benefit Plan Amortization Of Net Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit
-33000 USD
CY2012Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-244000 USD
CY2011Q4 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-133000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-678000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-273000 USD
CY2012Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
635000 USD
CY2011Q4 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
519000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1841000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1296000 USD
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3600000 USD
CY2012Q3 us-gaap Defined Benefit Plan Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear
600000 USD
CY2012Q3 bgs Operating Leases Future Minimum Payments Due Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsDueRemainderOfFiscalYear
1424000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4443000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3369000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3006000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3047000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2313000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
17602000 USD
CY2012Q3 bgs Number Of Executive Officers With Employment Agreements
NumberOfExecutiveOfficersWithEmploymentAgreements
6 officer
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
355937 shares
CY2011Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
657441 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
330032 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
670130 shares
bgs Number Of Top Customers
NumberOfTopCustomers
10 customer
CY2011Q4 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-265000 USD
us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-795000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
198000 USD
CY2011Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
344000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
427000 USD
CY2011Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
825000 USD
CY2012Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
871000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2697000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2900000 USD
CY2012Q1 bgs Debt Instrument Covenant Consolidated Leverage Ratio In Year One
DebtInstrumentCovenantConsolidatedLeverageRatioInYearOne
6.25 pure
CY2012Q1 bgs Debt Instrument Covenant Consolidated Leverage Ratio In Year Two
DebtInstrumentCovenantConsolidatedLeverageRatioInYearTwo
6.00 pure
CY2012Q1 bgs Debt Instrument Covenant Consolidated Leverage Ratio In Year Three
DebtInstrumentCovenantConsolidatedLeverageRatioInYearThree
5.50 pure
CY2012Q1 bgs Debt Instrument Covenant Consolidated Leverage Ratio In Year Four
DebtInstrumentCovenantConsolidatedLeverageRatioInYearFour
5.00 pure
CY2012Q1 bgs Debt Instrument Covenant Consolidated Leverage Ratio In Year Five
DebtInstrumentCovenantConsolidatedLeverageRatioInYearFive
4.50 pure
CY2012Q1 bgs Debt Instrument Covenant Consolidated Leverage Ratio In Year Six
DebtInstrumentCovenantConsolidatedLeverageRatioInYearSix
4.00 pure
CY2012Q1 bgs Debt Instrument Covenant Consolidated Leverage Ratio In Year Seven
DebtInstrumentCovenantConsolidatedLeverageRatioInYearSeven
4.00 pure
CY2011Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
1100000 USD
CY2011Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2011Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2012Q3 us-gaap Preferred Stock Value
PreferredStockValue
USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
-3000 USD
CY2012Q2 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
900000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16897000 USD
CY2011Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12084000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49701000 USD
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
36000 USD
CY2011Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-8000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
26000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-83000 USD
CY2012Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-162000 USD
CY2011Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-87000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-401000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-159000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
871000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17095000 USD
CY2011Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12428000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
50128000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
38859000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13443000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11964000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3771000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1500000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10967000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22002000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
19714000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1828000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
414000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-7177000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
1848000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12647000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2697000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
8031000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1117000 USD
us-gaap Derivative Instruments Gain Recognized In Income
DerivativeInstrumentsGainRecognizedInIncome
612000 USD
us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-1270000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1648000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1163000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
63000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
63000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
4881000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
12541000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-7545000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5404000 USD
bgs Increase Decrease In Interest Swaps Payable Net
IncreaseDecreaseInInterestSwapsPayableNet
-11400000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1883000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1905000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
53496000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
39293000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7660000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6881000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
150000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7810000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-6881000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7312000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
37096000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
28221000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8031000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1117000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10696000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2236000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-47073000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-32992000 USD
bgs Number Of Branded Household Products
NumberOfBrandedHouseholdProducts
2 product
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
150000 USD
CY2011Q1 us-gaap Goodwill
Goodwill
253744000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
687093 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
278109 shares
bgs Shares Of Common Stock Issued For Other Share Based Compensation Net Of Shares Withheld To Fund Statutory Minimum Tax Withholding
SharesOfCommonStockIssuedForOtherShareBasedCompensationNetOfSharesWithheldToFundStatutoryMinimumTaxWithholding
9394 shares
bgs Shares Of Common Stock Issued For Other Share Based Compensation Net Of Shares Withheld To Fund Statutory Minimum Tax Withholding
SharesOfCommonStockIssuedForOtherShareBasedCompensationNetOfSharesWithheldToFundStatutoryMinimumTaxWithholding
9008 shares
CY2011 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
1000000 USD
CY2010 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
1100000 USD
CY2009 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
1100000 USD
CY2012Q3 bgs Multiemployer Plan Period Contributions Percentage Maximum
MultiemployerPlanPeriodContributionsPercentageMaximum
0.05 pure
bgs Defined Benefit Plan Surcharge Payable On Hours Worked For Initial Critical Year
DefinedBenefitPlanSurchargePayableOnHoursWorkedForInitialCriticalYear
0.05 pure
bgs Defined Benefit Plan Surcharge Payable On Hours Worked For Succeeding Plan Years
DefinedBenefitPlanSurchargePayableOnHoursWorkedForSucceedingPlanYears
0.10 pure
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
217901 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
16.73
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3652000 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
-2000 USD
CY2011 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9083000 USD

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