$GGG
GRACO INC

2012 Q4 Form 10-Q Financial Statement

#000119312512433405 Filed on October 24, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q4
Revenue $253.7M $256.5M $215.6M
YoY Change 17.66% 12.81% 9.28%
Cost Of Revenue $114.8M $116.5M $98.60M
YoY Change 16.43% 15.39% 10.04%
Gross Profit $138.9M $139.9M $117.0M
YoY Change 18.71% 10.75% 8.64%
Gross Profit Margin 54.75% 54.56% 54.27%
Selling, General & Admin $68.70M $71.12M $56.80M
YoY Change 20.95% 20.28% -5.96%
% of Gross Profit 49.46% 50.82% 48.55%
Research & Development $12.30M $12.49M $10.80M
YoY Change 13.89% 19.78% 13.68%
% of Gross Profit 8.86% 8.92% 9.23%
Depreciation & Amortization $10.40M $10.00M $6.200M
YoY Change 67.74% 9.89% -27.06%
% of Gross Profit 7.49% 7.15% 5.3%
Operating Expenses $81.00M $83.60M $67.60M
YoY Change 19.82% 20.21% -3.29%
Operating Profit $57.89M $56.33M $49.40M
YoY Change 17.18% -0.83% 30.69%
Interest Expense -$5.000M $5.233M -$3.700M
YoY Change 35.14% 67.46% 270.0%
% of Operating Profit -8.64% 9.29% -7.49%
Other Income/Expense, Net $5.800M $3.233M $0.00
YoY Change -1094.77% -100.0%
Pretax Income $58.70M $54.33M $43.70M
YoY Change 34.32% 1.83% 19.73%
Income Tax $16.40M $17.20M $13.30M
% Of Pretax Income 27.94% 31.66% 30.43%
Net Earnings $42.30M $37.10M $30.40M
YoY Change 39.14% -2.62% 12.59%
Net Earnings / Revenue 16.67% 14.47% 14.1%
Basic Earnings Per Share $0.70 $0.61
Diluted Earnings Per Share $0.68 $0.60 $167.1K
COMMON SHARES
Basic Shares Outstanding 60.67M shares 60.52M shares 59.69M shares
Diluted Shares Outstanding 61.78M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $457.9M $454.1M $303.2M
YoY Change 51.02% 280.64% 3058.33%
Cash & Equivalents $31.12M $27.32M $303.2M
Short-Term Investments $426.8M $426.8M $0.00
Other Short-Term Assets $7.629M $6.124M $5.887M
YoY Change 29.59% 85.3% -26.01%
Inventory $121.5M $120.6M $105.3M
Prepaid Expenses
Receivables $172.1M $174.9M $150.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $777.0M $776.0M $583.0M
YoY Change 33.28% 37.3% 130.96%
LONG-TERM ASSETS
Property, Plant & Equipment $151.5M $152.9M $138.2M
YoY Change 9.62% 13.72% 3.03%
Goodwill $181.2M $171.9M $93.40M
YoY Change 94.03% 84.03% 1.81%
Intangibles $151.8M $154.7M $18.12M
YoY Change 737.69% 649.28% -36.06%
Long-Term Investments
YoY Change
Other Assets $21.64M $14.52M $11.82M
YoY Change 83.09% 35.53% 29.8%
Total Long-Term Assets $544.7M $524.0M $291.3M
YoY Change 86.98% 90.94% 4.77%
TOTAL ASSETS
Total Short-Term Assets $777.0M $776.0M $583.0M
Total Long-Term Assets $544.7M $524.0M $291.3M
Total Assets $1.322B $1.300B $874.3M
YoY Change 51.17% 54.83% 64.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.94M $28.59M $27.40M
YoY Change 5.61% -4.36% 39.32%
Accrued Expenses $54.60M $51.30M $51.30M
YoY Change 6.43% 21.28% -5.7%
Deferred Revenue
YoY Change
Short-Term Debt $8.100M $7.600M $8.700M
YoY Change -6.9% -45.32% 6.1%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $151.7M $143.8M $131.3M
YoY Change 15.53% 11.92% 9.63%
LONG-TERM LIABILITIES
Long-Term Debt $556.5M $589.6M $300.0M
YoY Change 85.49% 96.54% 327.02%
Other Long-Term Liabilities $137.8M $121.3M $120.3M
YoY Change 14.55% 55.12% 57.46%
Total Long-Term Liabilities $556.5M $589.6M $300.0M
YoY Change 85.49% 96.54% 327.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $151.7M $143.8M $131.3M
Total Long-Term Liabilities $556.5M $589.6M $300.0M
Total Liabilities $708.2M $733.4M $431.3M
YoY Change 64.2% 71.17% 126.98%
SHAREHOLDERS EQUITY
Retained Earnings $189.3M $162.9M $97.47M
YoY Change 94.22% 92.42% 119.34%
Common Stock $348.6M $342.5M $301.8M
YoY Change 15.51% 14.8% 10.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $454.1M $427.5M $322.7M
YoY Change
Total Liabilities & Shareholders Equity $1.322B $1.300B $874.3M
YoY Change 51.17% 54.83% 64.82%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q4
OPERATING ACTIVITIES
Net Income $42.30M $37.10M $30.40M
YoY Change 39.14% -2.62% 12.59%
Depreciation, Depletion And Amortization $10.40M $10.00M $6.200M
YoY Change 67.74% 9.89% -27.06%
Cash From Operating Activities $57.70M $67.30M $53.20M
YoY Change 8.46% 126.6% 37.47%
INVESTING ACTIVITIES
Capital Expenditures -$4.400M -$1.700M -$6.900M
YoY Change -36.23% -71.67% -10.39%
Acquisitions
YoY Change
Other Investing Activities -$7.300M -$15.00M $200.0K
YoY Change -3750.0% 614.29% 100.0%
Cash From Investing Activities -$11.70M -$16.70M -$6.700M
YoY Change 74.63% 108.75% -12.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -42.90M -45.50M -17.80M
YoY Change 141.01% 911.11% -41.64%
NET CHANGE
Cash From Operating Activities 57.70M 67.30M 53.20M
Cash From Investing Activities -11.70M -16.70M -6.700M
Cash From Financing Activities -42.90M -45.50M -17.80M
Net Change In Cash 3.100M 5.100M 28.70M
YoY Change -89.2% -70.35% 5640.0%
FREE CASH FLOW
Cash From Operating Activities $57.70M $67.30M $53.20M
Capital Expenditures -$4.400M -$1.700M -$6.900M
Free Cash Flow $62.10M $69.00M $60.10M
YoY Change 3.33% 93.28% 29.53%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q3 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012Q3 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2012Q3 dei Entity Central Index Key
EntityCentralIndexKey
0000042888
CY2012Q3 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
60673000 shares
CY2012Q3 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012Q3 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-28
CY2011Q3 dei Entity Public Float
EntityPublicFloat
3078080694 USD
CY2012Q3 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012Q3 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q3 dei Entity Registrant Name
EntityRegistrantName
Graco Inc.
us-gaap Gross Profit
GrossProfit
383192000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
166775000 USD
CY2012Q3 dei Document Type
DocumentType
10-Q
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
113738000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
121803000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
30708000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
36625000 USD
CY2012Q3 dei Amendment Flag
AmendmentFlag
false
us-gaap Sales Revenue Net
SalesRevenueNet
758778000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
296497000 USD
us-gaap Gross Profit
GrossProfit
411642000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
166004000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
CY2012Q3 dei Document Period End Date
DocumentPeriodEndDate
2012-09-28
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1408000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-649000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
111904000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
347136000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.68
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51800000 USD
us-gaap Interest Expense
InterestExpense
5473000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54100000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
54331000 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29887000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
56331000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17200000 USD
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2012Q3 us-gaap Interest Expense
InterestExpense
5233000 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3233000 USD
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.23
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2593000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1762000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
114913000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
256472000 USD
CY2012Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
116539000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
139933000 USD
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12485000 USD
CY2012Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
41230000 USD
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2011Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
227347000 USD
CY2011Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
100998000 USD
CY2011Q3 us-gaap Gross Profit
GrossProfit
126349000 USD
CY2011Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10423000 USD
CY2011Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
36673000 USD
CY2011Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22451000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
56802000 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
3125000 USD
CY2011Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-325000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
53352000 USD
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16800000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36552000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
42103000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
862000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
559000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
106864000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
158664000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
66620000 USD
us-gaap Interest Expense
InterestExpense
14281000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6170000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.77
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
105456000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
172126000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
86439000 USD
CY2011Q4 ggg Accrued Salaries Incentives
AccruedSalariesIncentives
32181000 USD
CY2012Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
17755000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9591000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
256600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-682777000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3300000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
27057000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
682000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
40654000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
275604000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-663000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-275835000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26308000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-4663000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.70
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3211000 shares
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y11M
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
239000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60369000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1161000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5478000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
564000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-695000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-44000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5303000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.12
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
34.95
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3302000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
32.27
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
32.81
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
27.06
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
50.32
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
342000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1921000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1131000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
426813000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61640000 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
313000 shares
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
61733000 USD
CY2011Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
150912000 USD
CY2011Q4 us-gaap Inventory Net
InventoryNet
105347000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
17674000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
37518000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4972000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
966000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3009000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-2394000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-1525000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-4317000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
454000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
0 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-6018000 USD
CY2011Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5887000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
3440000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-7203000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
303150000 USD
CY2011Q4 us-gaap Assets Current
AssetsCurrent
582970000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
358235000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
138248000 USD
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
219987000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
93400000 USD
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18118000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
29752000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11821000 USD
CY2011Q4 us-gaap Assets
Assets
874309000 USD
CY2011Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
8658000 USD
CY2011Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
27402000 USD
CY2011Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
13445000 USD
CY2011Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
49596000 USD
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
131282000 USD
CY2011Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
300000000 USD
CY2011Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
120287000 USD
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
59747000 USD
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
242007000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
97467000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-76481000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
322740000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
874309000 USD
CY2011Q4 ggg Allowances For Doubtful Accounts And Sales
AllowancesForDoubtfulAccountsAndSales
5500000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27315000 USD
CY2012Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
174939000 USD
CY2012Q3 us-gaap Inventory Net
InventoryNet
120586000 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
20229000 USD
CY2012Q3 us-gaap Other Assets Current
OtherAssetsCurrent
6124000 USD
CY2012Q3 us-gaap Assets Current
AssetsCurrent
776006000 USD
CY2012Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
385025000 USD
CY2012Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
232159000 USD
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
152866000 USD
CY2012Q3 us-gaap Goodwill
Goodwill
171883000 USD
CY2012Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
154697000 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
30001000 USD
CY2012Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14515000 USD
CY2012Q3 us-gaap Assets
Assets
1299968000 USD
CY2012Q3 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
7611000 USD
CY2012Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
28587000 USD
CY2012Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
13634000 USD
CY2012Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
62511000 USD
CY2012Q3 us-gaap Liabilities Current
LiabilitiesCurrent
143798000 USD
CY2012Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
589620000 USD
CY2012Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
121314000 USD
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
60669000 USD
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
281822000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
162880000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-77890000 USD
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
427481000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1299968000 USD
CY2012Q3 ggg Allowances For Doubtful Accounts And Sales
AllowancesForDoubtfulAccountsAndSales
5900000 USD
CY2012Q3 ggg Accrued Salaries Incentives
AccruedSalariesIncentives
31455000 USD
CY2012Q3 us-gaap Other Short Term Investments
OtherShortTermInvestments
426813000 USD
CY2011Q4 us-gaap Other Short Term Investments
OtherShortTermInvestments
0 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
0 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28444000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-2494000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10035000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8821000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3300000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1800000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
5517000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
31852000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6580000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
7085000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-6675000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-6420000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
746000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
5400000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-781000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
6327000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1471000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-5281000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
132001000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
108770000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13780000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17334000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
212000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
211000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2328000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
534000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-21295000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
546220000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
402175000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
172430000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1800000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20563000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
35250000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
38116000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
177424000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
265241000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
274832000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
11465000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
12581000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15550000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
15737000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
240068000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2139000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
0 USD
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
1499000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1271000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60474000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1141000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61615000 shares
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1208000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61778000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60570000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60430000 shares
CY2011Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
985000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61415000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
945000 shares
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8800000 USD
CY2012Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
10200000 USD
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
6000 shares
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
71049000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
75658000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-6841000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-823000 USD
CY2012Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
15000000 USD
CY2011Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
3000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6000000 USD
CY2012Q3 us-gaap Noncurrent Assets
NoncurrentAssets
152866000 USD
CY2011Q4 us-gaap Noncurrent Assets
NoncurrentAssets
138248000 USD
CY2012Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
58020000 USD
CY2011Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
51943000 USD
CY2012Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
42659000 USD
CY2011Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
39268000 USD
CY2012Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
60482000 USD
CY2012Q3 us-gaap Inventory Gross
InventoryGross
161161000 USD
CY2011Q4 us-gaap Inventory Gross
InventoryGross
145772000 USD
CY2011Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
54561000 USD
CY2012Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
40575000 USD
CY2011Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
40425000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
170653000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
52946000 USD
CY2012Q3 ggg Finite Lived Intangible Assets Foreign Currency Translation
FiniteLivedIntangibleAssetsForeignCurrencyTranslation
3590000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
114117000 USD
CY2012Q3 ggg Other Intangible Assets Gross
OtherIntangibleAssetsGross
211233000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
46527000 USD
CY2011Q4 ggg Finite Lived Intangible Assets Foreign Currency Translation
FiniteLivedIntangibleAssetsForeignCurrencyTranslation
268000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14938000 USD
CY2011Q4 ggg Other Intangible Assets Gross
OtherIntangibleAssetsGross
64913000 USD
CY2012Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
154697000 USD
CY2011Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
18118000 USD
CY2012Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11000000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
15000000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12400000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9100000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8600000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8300000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
71700000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8400000 USD
CY2011Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2600000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-2627000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
81110000 USD
CY2012Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7938000 USD
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6709000 USD
CY2012Q3 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
5329000 USD
CY2011Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
6607000 USD
CY2012Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
4856000 USD
CY2012Q3 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
7011000 USD
CY2011Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
6563000 USD
CY2011Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
5852000 USD
CY2012Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1554000 USD
CY2012Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26267000 USD
CY2011Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20896000 USD
CY2011Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2689000 USD
CY2011Q4 ggg Customer Advances And Deferred Revenue
CustomerAdvancesAndDeferredRevenue
280000 USD
CY2012Q3 ggg Customer Advances And Deferred Revenue
CustomerAdvancesAndDeferredRevenue
9556000 USD
us-gaap Product Warranty Expense
ProductWarrantyExpense
4647000 USD
ggg Product Warranty Margin Reversed
ProductWarrantyMarginReversed
1709000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6248000 USD
CY2010Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6862000 USD
CY2011 us-gaap Product Warranty Expense
ProductWarrantyExpense
5110000 USD
CY2011 ggg Product Warranty Margin Reversed
ProductWarrantyMarginReversed
2676000 USD
CY2011 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
7939000 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
1121000 USD
CY2011 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Helvetica;font-size:12pt;margin-left:0px;">The </font><font style="font-family:Arial;font-size:12pt;">Company accounts for all derivatives, including those embedded in other contracts, as either assets or liabilities and measures those financial instruments at fair value. The accounting for changes in the fair value of derivatives depends on their intended use and designation. </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Helvetica;font-size:12pt;margin-left:36px;">As part of its risk management program, the Company may periodically use forward exchange contracts and interest rate swaps to manage known market exposures. Terms of derivative instruments are structured to match the terms of the risk being managed and are generally held to maturity. The Company does not hold or issue derivative financial instruments for trading purposes. All other contracts that contain provisions meeting the definition of a derivative also meet the requirements of, and have been designated as, normal purchases or sales. The Company's policy is to not enter into contracts with terms that cannot be designated as normal purchases or sales. </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:12pt;margin-left:36px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:12pt;margin-left:36px;">The Company periodically evaluates its monetary asset and liability positions denominated in foreign currencies. The Company enters into forward contracts or options, or borrows in various currencies, in order to hedge its net monetary positions. These instruments are recorded at current market values and the gains and losses are included in other expen</font><font style="font-family:Arial;font-size:12pt;">se</font><font style="font-family:Arial;font-size:12pt;"> (income), net. The</font><font style="font-family:Arial;font-size:12pt;"> notional amount of</font><font style="font-family:Arial;font-size:12pt;"> contracts </font><font style="font-family:Arial;font-size:12pt;">outstanding as of September 28, 2012</font><font style="font-family:Arial;font-size:12pt;"> </font><font style="font-family:Arial;font-size:12pt;">tota</font><font style="font-family:Arial;font-size:12pt;">led</font><font style="font-family:Arial;font-size:12pt;"> $</font><font style="font-family:Arial;font-size:12pt;">2</font><font style="font-family:Arial;font-size:12pt;">6</font><font style="font-family:Arial;font-size:12pt;"> million. </font><font style="font-family:Arial;font-size:12pt;">The Company believes it uses strong financial counterparts in these transactions and that the resulting credit risk under these hedging strategies is not significant.</font><font style="font-family:Times New Roman;font-size:12pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:12pt;margin-left:36px;">The Company uses significant other observable inputs to value the derivative instruments used to hedge interest rate volatility and net monetary positions</font><font style="font-family:Arial;font-size:12pt;">, including reference to market prices and financial models that incorporate relevant market assumptions</font><font style="font-family:Arial;font-size:12pt;">.</font></p>
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
26000000 USD
CY2011Q4 ggg Unrealized Loss On Derivatives
UnrealizedLossOnDerivatives
120000 USD
CY2011Q4 ggg Unrealizedgainonderivatives
Unrealizedgainonderivatives
218000 USD
CY2012Q3 ggg Unrealizedgainonderivatives
Unrealizedgainonderivatives
132000 USD
CY2012Q3 ggg Unrealized Loss On Derivatives
UnrealizedLossOnDerivatives
170000 USD
CY2012Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
450000000 USD
CY2012Q3 ggg Swingline Facility Maximum Borrowing Capacity
SwinglineFacilityMaximumBorrowingCapacity
50000000 USD
us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
Loans denominated in U.S. Dollars bear interest, at the Company&#8217;s option, at either a base rate or a LIBOR-based rate. Loans denominated in currencies other than U.S. Dollars bear interest at a LIBOR-based rate. The base rate is an annual rate equal to a margin ranging from 0% to 1%, depending on the Company&#8217;s cash flow leverage ratio (debt to earnings before interest, taxes, depreciation, amortization and extraordinary, non-operating or non-cash charges and expenses), plus the highest of (i) the bank&#8217;s prime rate, (ii) the federal funds rate plus 0.5% or (iii) one-month LIBOR plus 1.5%. In general, LIBOR-based loans bear interest at LIBOR plus 1% to 2%, depending on the Company&#8217;s cash flow leverage ratio.
ggg Line Of Credit Facility Unused Capacity Commitment Fee Percentage Minimum
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMinimum
0.0015 pure
ggg Line Of Credit Facility Unused Capacity Commitment Fee Percentage Maximum
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMaximum
0.004 pure
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2017-03-01
CY2012Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
300000000 USD
CY2012Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
300000000 USD
CY2012Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
330000000 USD
us-gaap Debt Instrument Maturity Date Range Start1
DebtInstrumentMaturityDateRangeStart1
2018-03-11
us-gaap Debt Instrument Maturity Date Range End1
DebtInstrumentMaturityDateRangeEnd1
2026-07-26
CY2011Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
8000000 USD
CY2012Q3 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
15000000 USD
CY2012Q3 us-gaap Investment Income Dividend
InvestmentIncomeDividend
4000000 USD
us-gaap Investment Income Dividend
InvestmentIncomeDividend
8000000 USD
CY2011Q3 ggg Business Acquisitions Pro Forma Operating Earnings
BusinessAcquisitionsProFormaOperatingEarnings
65205000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
789023000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
114252000 USD
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.89
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.85
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.84
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
1.88
CY2011Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.68
CY2011Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.67
CY2012Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.58
CY2012Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.59
CY2012Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
256472000 USD
CY2012Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
35605000 USD
CY2011Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
265681000 USD
CY2011Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
41232000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
776463000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
113597000 USD
CY2012Q3 ggg Business Acquisitions Pro Forma Operating Earnings
BusinessAcquisitionsProFormaOperatingEarnings
59916000 USD
ggg Business Acquisitions Pro Forma Operating Earnings
BusinessAcquisitionsProFormaOperatingEarnings
191005000 USD
ggg Business Acquisitions Pro Forma Operating Earnings
BusinessAcquisitionsProFormaOperatingEarnings
183142000 USD
CY2012Q3 ggg Business Acquisition Pro Forma Adjustments Depreciation And Amortization
BusinessAcquisitionProFormaAdjustmentsDepreciationAndAmortization
2000000 USD
CY2012Q3 ggg Business Acquisition Pro Forma Adjustments Acquisition Transaction Costs
BusinessAcquisitionProFormaAdjustmentsAcquisitionTransactionCosts
4000000 USD
ggg Business Acquisition Pro Forma Adjustments Acquisition Transaction Costs
BusinessAcquisitionProFormaAdjustmentsAcquisitionTransactionCosts
15000000 USD
ggg Business Acquisition Pro Forma Adjustments Inventory
BusinessAcquisitionProFormaAdjustmentsInventory
7000000 USD
CY2012Q3 ggg Business Acquisition Pro Forma Adjustments Dividend Income
BusinessAcquisitionProFormaAdjustmentsDividendIncome
4000000 USD
CY2011Q3 ggg Business Acquisition Pro Forma Adjustments Acquisition Transaction Costs
BusinessAcquisitionProFormaAdjustmentsAcquisitionTransactionCosts
3000000 USD
CY2012Q3 ggg Net Earnings Of Business Held Separate
NetEarningsOfBusinessHeldSeparate
12000000 USD
ggg Net Earnings Of Business Held Separate
NetEarningsOfBusinessHeldSeparate
27000000 USD
ggg Net Earnings Of Business Held Separate
NetEarningsOfBusinessHeldSeparate
24000000 USD
CY2011Q3 ggg Net Earnings Of Business Held Separate
NetEarningsOfBusinessHeldSeparate
9000000 USD
ggg Business Acquisition Pro Forma Adjustments Acquisition Transaction Costs
BusinessAcquisitionProFormaAdjustmentsAcquisitionTransactionCosts
6000000 USD
ggg Business Acquisition Pro Forma Adjustments Dividend Income
BusinessAcquisitionProFormaAdjustmentsDividendIncome
8000000 USD

Files In Submission

Name View Source Status
0001193125-12-433405-index-headers.html Edgar Link pending
0001193125-12-433405-index.html Edgar Link pending
0001193125-12-433405.txt Edgar Link pending
0001193125-12-433405-xbrl.zip Edgar Link pending
d427490d10q.htm Edgar Link pending
d427490dex311.htm Edgar Link pending
d427490dex312.htm Edgar Link pending
d427490dex32.htm Edgar Link pending
d427490dex991.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
g427490g06m17.jpg Edgar Link pending
ggg-20120928.xml Edgar Link completed
ggg-20120928.xsd Edgar Link pending
ggg-20120928_cal.xml Edgar Link unprocessable
ggg-20120928_def.xml Edgar Link unprocessable
ggg-20120928_lab.xml Edgar Link unprocessable
ggg-20120928_pre.xml Edgar Link unprocessable
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
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