2021 Q3 Form 10-Q Financial Statement

#000004288821000047 Filed on July 21, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q2
Revenue $486.7M $507.2M $366.9M
YoY Change 10.78% 38.23% -14.34%
Cost Of Revenue $238.5M $243.3M $184.4M
YoY Change 13.36% 31.99% -8.45%
Gross Profit $248.2M $263.8M $182.5M
YoY Change 8.42% 44.54% -19.57%
Gross Profit Margin 51.0% 52.02% 49.75%
Selling, General & Admin $103.9M $108.6M $84.85M
YoY Change 20.83% 27.97% -12.77%
% of Gross Profit 41.84% 41.15% 46.48%
Research & Development $19.76M $21.41M $17.95M
YoY Change 11.56% 19.27% 3.6%
% of Gross Profit 7.96% 8.11% 9.83%
Depreciation & Amortization $15.03M $15.31M $13.90M
YoY Change 9.74% 10.16% 14.88%
% of Gross Profit 6.06% 5.8% 7.62%
Operating Expenses $123.6M $130.0M $102.8M
YoY Change 19.25% 26.45% -10.3%
Operating Profit $124.6M $133.8M $44.77M
YoY Change -0.32% 198.94% -60.15%
Interest Expense $2.500M $2.528M $3.258M
YoY Change -15.65% -22.41% -5.04%
% of Operating Profit 2.01% 1.89% 7.28%
Other Income/Expense, Net -$344.0K $434.0K $510.0K
YoY Change -66.44% -14.9% -145.58%
Pretax Income $121.8M $131.7M $42.03M
YoY Change 0.61% 213.5% -61.02%
Income Tax $17.93M $21.63M $13.19M
% Of Pretax Income 14.72% 16.42% 31.39%
Net Earnings $103.8M $110.1M $28.83M
YoY Change -9.01% 281.93% -67.29%
Net Earnings / Revenue 21.33% 21.71% 7.86%
Basic Earnings Per Share $0.61 $0.65 $0.17
Diluted Earnings Per Share $0.59 $0.63 $0.17
COMMON SHARES
Basic Shares Outstanding 169.7M shares 169.4M shares 166.6M shares
Diluted Shares Outstanding 174.8M shares 174.6M shares 170.5M shares

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $603.8M $482.8M $432.7M
YoY Change 42.18% 11.58% 139.19%
Cash & Equivalents $603.8M $482.8M $432.7M
Short-Term Investments
Other Short-Term Assets $42.03M $29.42M $31.29M
YoY Change 11.16% -5.97% 6.21%
Inventory $362.9M $337.5M $291.4M
Prepaid Expenses
Receivables $324.3M $354.2M $282.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.333B $1.204B $1.038B
YoY Change 25.62% 15.96% 29.97%
LONG-TERM ASSETS
Property, Plant & Equipment $416.5M $387.9M $327.5M
YoY Change 25.36% 18.45% 14.29%
Goodwill $357.0M $358.4M $338.7M
YoY Change 4.29% 5.82% 14.33%
Intangibles $154.4M $159.9M $162.3M
YoY Change -3.92% -1.49% -0.79%
Long-Term Investments
YoY Change
Other Assets $46.18M $46.16M $32.91M
YoY Change 35.8% 40.25% 8.13%
Total Long-Term Assets $1.044B $1.025B $924.2M
YoY Change 11.95% 10.94% 9.8%
TOTAL ASSETS
Total Short-Term Assets $1.333B $1.204B $1.038B
Total Long-Term Assets $1.044B $1.025B $924.2M
Total Assets $2.377B $2.229B $1.962B
YoY Change 19.22% 13.59% 19.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $86.86M $76.07M $48.26M
YoY Change 56.61% 57.64% -22.11%
Accrued Expenses $122.0M $105.9M $70.40M
YoY Change 50.75% 50.42% -14.67%
Deferred Revenue $56.00M $57.88M $50.28M
YoY Change 7.27% 15.12% 21.13%
Short-Term Debt $50.32M $13.13M $20.60M
YoY Change 14.37% -36.26% 182.19%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $427.2M $358.7M $310.4M
YoY Change 30.87% 15.58% -13.69%
LONG-TERM LIABILITIES
Long-Term Debt $150.0M $150.0M $400.0M
YoY Change -45.45% -62.5% 123.36%
Other Long-Term Liabilities $11.02M $11.04M $8.600M
YoY Change 28.17% 28.35%
Total Long-Term Liabilities $161.0M $161.0M $408.6M
YoY Change -43.22% -60.59% 128.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $427.2M $358.7M $310.4M
Total Long-Term Liabilities $161.0M $161.0M $408.6M
Total Liabilities $588.2M $519.8M $719.0M
YoY Change -3.58% -27.71% 33.47%
SHAREHOLDERS EQUITY
Retained Earnings $792.4M $720.4M $400.2M
YoY Change 63.31% 80.04% 16.9%
Common Stock $898.0M $885.3M $790.5M
YoY Change 10.64% 11.99% 9.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.564B $1.481B $1.027B
YoY Change
Total Liabilities & Shareholders Equity $2.377B $2.229B $1.962B
YoY Change 19.22% 13.59% 19.62%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $103.8M $110.1M $28.83M
YoY Change -9.01% 281.93% -67.29%
Depreciation, Depletion And Amortization $15.03M $15.31M $13.90M
YoY Change 9.74% 10.16% 14.88%
Cash From Operating Activities $137.2M $118.3M $88.40M
YoY Change 14.22% 33.88% -21.98%
INVESTING ACTIVITIES
Capital Expenditures -$27.87M -$33.36M -$13.70M
YoY Change 111.13% 143.5% -65.58%
Acquisitions
YoY Change
Other Investing Activities -$54.00K -$19.43M -$27.10M
YoY Change -73.0% -28.29% 1984.62%
Cash From Investing Activities -$27.92M -$52.79M -$40.80M
YoY Change 108.38% 29.39% -0.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.57M -44.07M -71.20M
YoY Change -110.83% -38.1% 508.55%
NET CHANGE
Cash From Operating Activities 137.2M 118.3M 88.40M
Cash From Investing Activities -27.92M -52.79M -40.80M
Cash From Financing Activities 12.57M -44.07M -71.20M
Net Change In Cash 121.8M 21.48M -23.60M
YoY Change -1396.05% -191.03% -138.94%
FREE CASH FLOW
Cash From Operating Activities $137.2M $118.3M $88.40M
Capital Expenditures -$27.87M -$33.36M -$13.70M
Free Cash Flow $165.1M $151.7M $102.1M
YoY Change 23.82% 48.59% -33.31%

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29812000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26966000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-10313000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1366000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
13745000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
15445000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
34962000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
38747000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
19705000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
51359000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22662000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
14496000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
342000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
8334000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-16677000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
5980000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
6134000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
32399000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
12578000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
105000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-2151000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
220047000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
142550000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54759000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32613000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
19322000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
27173000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
112000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
245000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-74193000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-60031000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-9282000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-768000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
250000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
70000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1422000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
33216000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
42217000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
102143000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1796000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
63414000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
58490000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-40972000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
129020000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1004000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
196000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
103878000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
211735000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
378909000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
220973000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
482787000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
432708000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1382502000 USD
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
9092000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6304000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-2336000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
110118000 USD
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.188
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
31948000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7531000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1481263000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1283904000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
35552000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12312000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-2336000 USD
us-gaap Net Income Loss
NetIncomeLoss
215805000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
63671000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-303000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1481263000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1018658000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4064000 USD
CY2020Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
12114000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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8058000 USD
CY2020Q2 us-gaap Net Income Loss
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28832000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.175
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
29178000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8648000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1026968000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1024931000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
41151000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
102143000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13992000 USD
us-gaap Net Income Loss
NetIncomeLoss
101650000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.350
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
58718000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6105000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1026968000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Revenues
Revenues
507164000 USD
CY2020Q2 us-gaap Revenues
Revenues
366892000 USD
us-gaap Revenues
Revenues
961293000 USD
us-gaap Revenues
Revenues
740459000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
133843000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
44773000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
262129000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
134585000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Assets
Assets
2229205000 USD
CY2020Q4 us-gaap Assets
Assets
1988128000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Revenues
Revenues
507164000 USD
CY2020Q2 us-gaap Revenues
Revenues
366892000 USD
us-gaap Revenues
Revenues
961293000 USD
us-gaap Revenues
Revenues
740459000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Noncurrent Assets
NoncurrentAssets
387906000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
350750000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
110118000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
28832000 USD
us-gaap Net Income Loss
NetIncomeLoss
215805000 USD
us-gaap Net Income Loss
NetIncomeLoss
101650000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
169594000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
166663000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
169271000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
167320000 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4978000 shares
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3886000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4939000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4276000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174572000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
170549000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174210000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171596000 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
737000 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2530000 shares
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10208000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.02
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6553000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
28.02
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
841000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
72.21
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
674000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.69
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
14000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
43.06
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10361000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.84
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7196000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
31.31
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13700000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15400000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
17900000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-131999000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
5693000 USD
CY2021Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1838000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-124468000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-124165000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-4777000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
4474000 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-124468000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-172330000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
6756000 USD
CY2020Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1892000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163682000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-169787000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
2079000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
265000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
4026000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-163682000 USD
CY2021Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
333000000 USD
CY2021Q2 us-gaap Other Receivables
OtherReceivables
21000000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2020Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
302000000 USD
CY2020Q4 us-gaap Other Receivables
OtherReceivables
13000000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3745000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4828000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
631000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
495000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
291000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-4000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-9000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3511000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5159000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
153876000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
133122000 USD
CY2021Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
95695000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
284112000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
83791000 USD
CY2021Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
152657000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
129319000 USD
CY2021Q2 us-gaap Inventory Gross
InventoryGross
402228000 USD
CY2020Q4 us-gaap Inventory Gross
InventoryGross
346232000 USD
CY2021Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
64703000 USD
CY2020Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
60528000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
337525000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
285704000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
115861000 USD
ggg Intangible Assets Translation Adjustments
IntangibleAssetsTranslationAdjustments
-8390000 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
159861000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
274080000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
107057000 USD
CY2020 ggg Intangible Assets Translation Adjustments
IntangibleAssetsTranslationAdjustments
-6354000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
160669000 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4600000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8200000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
9003000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17964000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
17076000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15518000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
14946000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
23751000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
347603000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
13249000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2403000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Goodwill
Goodwill
358449000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
8209000 USD
CY2020Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
8041000 USD
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
13748000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
13082000 USD
CY2021Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
12699000 USD
CY2020Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
12140000 USD
CY2021Q2 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
7126000 USD
CY2020Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
14554000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
57884000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
41689000 USD
CY2021Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
11871000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
8564000 USD
CY2021Q2 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
18072000 USD
CY2020Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
16303000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9760000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11178000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
36780000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
31709000 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
176149000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
157260000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
13082000 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
24000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
5271000 USD
ggg Product Warranty Margin Reversed
ProductWarrantyMarginReversed
1741000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6370000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
13748000 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
57900000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
41700000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
24000000.0 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
24000000.0 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14200000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14200000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2021Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
22519000 USD
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
19903000 USD
CY2021Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
16573000 USD
CY2020Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
14553000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
150000000 USD
CY2021Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
150000000 USD
CY2021Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
165000000 USD
dei Document Period End Date
DocumentPeriodEndDate
2021-06-25
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
170000000 USD

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