$GGG
GRACO INC Stock $ggg

$ggg Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000004288816000012 Filed on April 20, 2016

Income Statement

Concept	2016 Q2	2016 Q1	2015 Q1
Revenue	$348.1M	$304.9M	$306.5M
YoY Change	3.77%	-0.5%	5.69%
Cost Of Revenue	$163.0M	$143.1M	$144.3M
YoY Change	5.24%	-0.84%	10.42%
Gross Profit	$185.1M	$161.8M	$162.1M
YoY Change	2.5%	-0.21%	1.77%
Gross Profit Margin	53.18%	53.06%	52.91%
Selling, General & Admin	$91.19M	$86.16M	$81.61M
YoY Change	11.45%	5.58%	14.3%
% of Gross Profit	49.26%	53.25%	50.34%
Research & Development	$15.61M	$14.69M	$15.29M
YoY Change	4.7%	-3.95%	15.83%
% of Gross Profit	8.43%	9.08%	9.43%
Depreciation & Amortization	$12.50M	$12.01M	$10.81M
YoY Change	11.61%	11.1%	16.71%
% of Gross Profit	6.75%	7.42%	6.67%
Operating Expenses	$106.8M	$100.8M	$96.90M
YoY Change	10.41%	4.08%	14.54%
Operating Profit	$78.34M	$60.95M	$65.23M
YoY Change	-6.61%	-6.56%	-12.69%
Interest Expense	$4.543M	$4.493M	$5.303M
YoY Change	10.13%	-15.27%	-215.28%
% of Operating Profit	5.8%	7.37%	8.13%
Other Income/Expense, Net	-$392.0K	$1.146M	-$710.0K
YoY Change	-189.5%	-261.41%	-120.88%
Pretax Income	$73.41M	$57.60M	$88.74M
YoY Change	-69.29%	-35.09%	20.74%
Income Tax	$22.46M	$18.05M	$19.90M
% Of Pretax Income	30.6%	31.34%	22.42%
Net Earnings	$50.95M	$39.55M	$68.84M
YoY Change	-70.49%	-42.55%	35.78%
Net Earnings / Revenue	14.63%	12.97%	22.46%
Basic Earnings Per Share	$0.31	$0.24	$1.17
Diluted Earnings Per Share	$0.30	$0.23	$1.14
COMMON SHARES
Basic Shares Outstanding	55.61M shares	55.12M shares
Diluted Shares Outstanding	57.04M shares	56.71M shares	60.47M shares

Balance Sheet

Concept	2016 Q2	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$43.90M	$36.50M	$449.4M
YoY Change	-0.9%	-91.88%	0.67%
Cash & Equivalents	$43.86M	$36.49M	$27.68M
Short-Term Investments			$421.8M
Other Short-Term Assets	$24.97M	$20.99M	$9.174M
YoY Change	103.4%	128.83%	-11.54%
Inventory	$205.3M	$212.3M	$182.5M
Prepaid Expenses
Receivables	$244.0M	$226.0M	$243.2M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$518.2M	$495.8M	$905.3M
YoY Change	-3.16%	-45.23%	8.37%
LONG-TERM ASSETS
Property, Plant & Equipment	$189.7M	$184.2M	$168.1M
YoY Change	10.66%	9.57%	7.77%
Goodwill	$416.2M	$419.4M	$393.4M
YoY Change	3.14%	6.61%	73.17%
Intangibles	$240.4M	$248.8M	$242.7M
YoY Change	-1.57%	2.54%	45.61%
Long-Term Investments
YoY Change
Other Assets	$24.37M	$24.00M	$26.06M
YoY Change	-7.15%	-7.93%	6.58%
Total Long-Term Assets	$932.7M	$935.2M	$862.5M
YoY Change	5.53%	8.42%	44.91%
TOTAL ASSETS
Total Short-Term Assets	$518.2M	$495.8M	$905.3M
Total Long-Term Assets	$932.7M	$935.2M	$862.5M
Total Assets	$1.451B	$1.431B	$1.768B
YoY Change	2.25%	-19.05%	23.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$40.03M	$40.33M	$45.93M
YoY Change	-11.33%	-12.19%	5.12%
Accrued Expenses	$53.60M	$48.60M	$47.00M
YoY Change	-9.76%	3.4%	11.9%
Deferred Revenue
YoY Change
Short-Term Debt	$13.30M	$14.50M	$52.00M
YoY Change	27.88%	-72.12%	372.73%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$169.8M	$161.8M	$218.7M
YoY Change	-27.36%	-26.03%	29.48%
LONG-TERM LIABILITIES
Long-Term Debt	$429.5M	$457.7M	$767.0M
YoY Change	42.97%	-40.33%	52.49%
Other Long-Term Liabilities	$8.730M	$8.730M	$6.375M
YoY Change	-23.92%	36.94%	-93.29%
Total Long-Term Liabilities	$438.2M	$466.4M	$773.4M
YoY Change	40.51%	-39.7%	53.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$169.8M	$161.8M	$218.7M
Total Long-Term Liabilities	$438.2M	$466.4M	$773.4M
Total Liabilities	$608.0M	$628.2M	$992.1M
YoY Change	11.43%	-36.68%	47.65%
SHAREHOLDERS EQUITY
Retained Earnings	$297.5M	$264.9M	$262.1M
YoY Change	-13.43%	1.07%	-0.55%
Common Stock	$491.1M	$478.0M	$457.1M
YoY Change	7.39%	4.58%	7.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$676.1M	$636.9M	$616.9M
YoY Change
Total Liabilities & Shareholders Equity	$1.451B	$1.431B	$1.768B
YoY Change	2.25%	-19.05%	23.57%

Cashflow Statement

Concept	2016 Q2	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	$50.95M	$39.55M	$68.84M
YoY Change	-70.49%	-42.55%	35.78%
Depreciation, Depletion And Amortization	$12.50M	$12.01M	$10.81M
YoY Change	11.61%	11.1%	16.71%
Cash From Operating Activities	$64.60M	$28.88M	$47.22M
YoY Change	30.51%	-38.85%	67.2%
INVESTING ACTIVITIES
Capital Expenditures	-$12.90M	$13.12M	$9.796M
YoY Change	27.72%	33.94%	42.4%
Acquisitions		$48.88M	$182.9M
YoY Change		-73.28%	180.74%
Other Investing Activities	-$600.0K	-$320.0K	-$38.00K
YoY Change	-100.1%	742.11%	1166.67%
Cash From Investing Activities	-$13.50M	-$60.81M	-$192.7M
YoY Change	-102.35%	-68.44%	167.49%
FINANCING ACTIVITIES
Cash Dividend Paid		$18.33M	$17.73M
YoY Change		3.4%	5.45%
Common Stock Issuance & Retirement, Net		$27.94M	$34.19M
YoY Change		-18.28%	5.96%
Debt Paid & Issued, Net		$233.7M	$227.1M
YoY Change		2.94%	173.33%
Cash From Financing Activities	-43.30M	$17.24M	$148.0M
YoY Change	-92.88%	-88.35%	207.1%
NET CHANGE
Cash From Operating Activities	64.60M	$28.88M	$47.22M
Cash From Investing Activities	-13.50M	-$60.81M	-$192.7M
Cash From Financing Activities	-43.30M	$17.24M	$148.0M
Net Change In Cash	7.800M	-$14.69M	$2.585M
YoY Change	-51.25%	-668.09%	-41.48%
FREE CASH FLOW
Cash From Operating Activities	$64.60M	$28.88M	$47.22M
Capital Expenditures	-$12.90M	$13.12M	$9.796M
Free Cash Flow	$77.50M	$15.76M	$37.43M
YoY Change	30.03%	-57.9%	75.19%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q4	ggg	Customer Advances And Deferred Revenue CustomerAdvancesAndDeferredRevenue	9449000	USD
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000042888
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	55614000	shares
CY2016Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	Graco Inc.
CY2016Q1	dei	Trading Symbol TradingSymbol	GGG
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-30
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-25
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	ggg	Customer Advances And Deferred Revenue CustomerAdvancesAndDeferredRevenue	8393000	USD
CY2015	ggg	Intangible Assets Translation Adjustments IntangibleAssetsTranslationAdjustments	-14386000	USD
CY2016Q1	ggg	Intangible Assets Translation Adjustments IntangibleAssetsTranslationAdjustments	-13665000	USD
CY2016Q1	ggg	Product Warranty Margin Reversed ProductWarrantyMarginReversed	120000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	40505000	USD
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	40329000	USD
CY2015Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1308000	USD
CY2016Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	4770000	USD
CY2015Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	8522000	USD
CY2016Q1	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	5869000	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	282736000	USD
CY2016Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	285170000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-104497000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-105995000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	398774000	USD
CY2016Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	422436000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	4022000	USD
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	55566000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-15805000	USD
CY2015Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.3
CY2016Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	55766000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	67366000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	38054000	USD
CY2015Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	144324000	USD
CY2015Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5000000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6100000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	10400000	USD
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	11400000	USD
CY2015Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4100000	USD
CY2016Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4800000	USD
CY2015Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1186000	shares
CY2016Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1909000	shares
CY2015Q4	us-gaap	Assets Assets	1391352000	USD
CY2016Q1	us-gaap	Assets Assets	1430998000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	509017000	USD
CY2016Q1	us-gaap	Assets Current AssetsCurrent	495844000	USD
CY2015Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	12963000	USD
CY2016Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	12749000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23656000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27678000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	52295000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	36490000	USD
CY2016Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	143116000	USD
CY2015Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	300000000	USD
CY2016Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	300000000	USD
CY2015Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-4044000	USD
CY2016Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-2688000	USD
CY2015Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	56976000	USD
CY2016Q1	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	58674000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	22303000	USD
CY2016Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	28577000	USD
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10810000	USD
CY2016Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12010000	USD
CY2015Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	18447000	USD
CY2016Q1	us-gaap	Dividends Payable Current DividendsPayableCurrent	18150000	USD
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.17
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.71
CY2015Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.14
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.70
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	218795000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	241044000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	162369000	USD
CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	1437000	USD
CY2016Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-1120000	USD
CY2015Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	44673000	USD
CY2016Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	27886000	USD
CY2016Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	17000000	USD
CY2016Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y11M
CY2015Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	300000	USD
CY2016Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	3300000	USD
CY2015Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	300000	USD
CY2016Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	3300000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	45936000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	50680000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	92400000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	19000000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	18200000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	18300000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	18500000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	18800000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	180403000	USD
CY2015	us-gaap	Finite Lived Intangible Assets Translation Adjustments FiniteLivedIntangibleAssetsTranslationAdjustments	-10490000	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Translation Adjustments FiniteLivedIntangibleAssetsTranslationAdjustments	-9961000	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	30184000	USD
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	33460000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	394488000	USD
CY2016Q1	us-gaap	Goodwill Goodwill	419447000	USD
CY2016Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	27049000	USD
CY2016Q1	us-gaap	Goodwill Translation Adjustments GoodwillTranslationAdjustments	-2090000	USD
CY2015Q1	us-gaap	Gross Profit GrossProfit	162129000	USD
CY2016Q1	us-gaap	Gross Profit GrossProfit	161796000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	88741000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	57602000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	19900000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	18050000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	6088000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	119000	USD
CY2015Q1	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-16910000	USD
CY2016Q1	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-17191000	USD
CY2015Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	13545000	USD
CY2016Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	8127000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	4947000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-3233000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-9762000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1426000	USD
CY2015Q1	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	3171000	USD
CY2016Q1	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	669000	USD
CY2015Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	26632000	USD
CY2016Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-3100000	USD
CY2015Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
CY2016Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-876000	USD
CY2015Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	288309000	USD
CY2016Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	313172000	USD
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	227987000	USD
CY2016Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	248827000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	5303000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	4493000	USD
CY2015Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	112267000	USD
CY2016Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	117180000	USD
CY2015Q4	us-gaap	Inventory Gross InventoryGross	246194000	USD
CY2016Q1	us-gaap	Inventory Gross InventoryGross	256872000	USD
CY2015Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	44058000	USD
CY2016Q1	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	44541000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	202136000	USD
CY2016Q1	us-gaap	Inventory Net InventoryNet	212331000	USD
CY2015Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	82894000	USD
CY2016Q1	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	84556000	USD
CY2015Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	51033000	USD
CY2016Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	55136000	USD
CY2015Q1	us-gaap	Investment Income Dividend InvestmentIncomeDividend	30000000	USD
CY2015Q1	us-gaap	Investment Income Net InvestmentIncomeNet	29523000	USD
CY2016Q1	us-gaap	Investment Income Net InvestmentIncomeNet	0	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1391352000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1430998000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	194616000	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	161757000	USD
CY2015Q4	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	12558000	USD
CY2016Q1	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	7675000	USD
CY2015Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	320000000	USD
CY2016Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	330000000	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	392695000	USD
CY2016Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	457670000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	148026000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	20543000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-192662000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-60806000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	47221000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	25578000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	68841000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	39552000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	68841000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	39552000	USD
CY2015Q4	us-gaap	Noncurrent Assets NoncurrentAssets	178437000	USD
CY2016Q1	us-gaap	Noncurrent Assets NoncurrentAssets	184211000	USD
CY2016Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	65231000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	60949000	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	32208000	USD
CY2016Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	25141000	USD
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	29077000	USD
CY2016Q1	us-gaap	Other Assets Current OtherAssetsCurrent	20993000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	24447000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	23995000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-3011000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-2402000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1475000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1498000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2438000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1473000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-902000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-569000	USD
CY2015Q4	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	8825000	USD
CY2016Q1	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	1845000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	75090000	USD
CY2016Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	60884000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	8730000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	8730000	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-710000	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1146000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-38000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-320000	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	46935000	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	48050000	USD
CY2015Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	17730000	USD
CY2016Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	18332000	USD
CY2015Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	182904000	USD
CY2016Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	48881000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9796000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13121000	USD
CY2015Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	137457000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	137356000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	12746000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	3575000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	38.49
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	41.83
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	6000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	67.46
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	642000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5165000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5336000	shares
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	20111000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	379095000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	298709000	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	47605000	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-1461000	USD
CY2015Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7870000	USD
CY2016Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7913000	USD
CY2016Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	1732000	USD
CY2016Q1	us-gaap	Product Warranty Expense ProductWarrantyExpense	1655000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	461173000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	469381000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	178437000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	184211000	USD
CY2015Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	225509000	USD
CY2016Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	226030000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	227055000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	233734000	USD
CY2015Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	15290000	USD
CY2016Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	14686000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	285508000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	264901000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	306453000	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	304912000	USD
CY2015Q4	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	6908000	USD
CY2016Q1	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	6953000	USD
CY2015Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	51424000	USD
CY2016Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	52701000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5033000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	6093000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate	0.15
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	3583000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	48.16
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	51.86
CY2016Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	37.78
CY2016Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	71.54
CY2015Q4	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	15901000	USD
CY2016Q1	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	14508000	USD
CY2016Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	465000	shares
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	635551000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	636908000	USD
CY2015Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1484000	shares
CY2016Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1315000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	60465000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56709000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	58981000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	55394000	shares

Files In Submission

Name	View Source	Status
0000042888-16-000012-index-headers.html	Edgar Link	pending
0000042888-16-000012-index.html	Edgar Link	pending
0000042888-16-000012.txt	Edgar Link	pending
0000042888-16-000012-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
ggg-20160325.xml	Edgar Link	completed
ggg-20160325.xsd	Edgar Link	pending
ggg-20160325_cal.xml	Edgar Link	unprocessable
ggg-20160325_def.xml	Edgar Link	unprocessable
ggg-20160325_lab.xml	Edgar Link	unprocessable
ggg-20160325_pre.xml	Edgar Link	unprocessable
ggg0325201610-q.htm	Edgar Link	pending
ggg03252016exhibit101.htm	Edgar Link	pending
ggg03252016exhibit102.htm	Edgar Link	pending
ggg03252016exhibit311.htm	Edgar Link	pending
ggg03252016exhibit312.htm	Edgar Link	pending
ggg03252016exhibit32.htm	Edgar Link	pending
ggg03252016exhibit991.htm	Edgar Link	pending
gracoa01.jpg	Edgar Link	pending
newsreleasea02.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$GGG
GRACO INC Stock $ggg

2016 Q2 Form 10-Q Financial Statement

#000004288816000012 Filed on April 20, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GGG GRACO INC Stock $ggg

2016 Q2 Form 10-Q Financial Statement

#000004288816000012 Filed on April 20, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GGG
GRACO INC Stock $ggg