$GGG
GRACO INC Stock $ggg

$ggg Overview Financials Valuation SEC Filings Company Website

2014 Q3 Form 10-Q Financial Statement

#000119312514378864 Filed on October 22, 2014

Income Statement

Concept	2014 Q3	2013 Q3
Revenue	$302.6M	$277.0M
YoY Change	9.23%	8.02%
Cost Of Revenue	$136.8M	$126.2M
YoY Change	8.43%	8.26%
Gross Profit	$165.8M	$150.9M
YoY Change	9.9%	7.82%
Gross Profit Margin	54.79%	54.46%
Selling, General & Admin	$73.12M	$68.64M
YoY Change	6.53%	-3.48%
% of Gross Profit	44.1%	45.49%
Research & Development	$13.79M	$12.51M
YoY Change	10.21%	0.18%
% of Gross Profit	8.31%	8.29%
Depreciation & Amortization	$9.300M	$9.100M
YoY Change	2.2%	-9.0%
% of Gross Profit	5.61%	6.03%
Operating Expenses	$86.91M	$81.15M
YoY Change	7.1%	-2.94%
Operating Profit	$78.91M	$69.73M
YoY Change	13.17%	23.78%
Interest Expense	$4.566M	$4.450M
YoY Change	2.61%	-14.96%
% of Operating Profit	5.79%	6.38%
Other Income/Expense, Net	-$310.0K	$8.425M
YoY Change	-103.68%	160.59%
Pretax Income	$82.55M	$73.70M
YoY Change	12.01%	35.65%
Income Tax	$23.00M	$17.60M
% Of Pretax Income	27.86%	23.88%
Net Earnings	$59.55M	$56.10M
YoY Change	6.15%	51.21%
Net Earnings / Revenue	19.68%	20.25%
Basic Earnings Per Share	$0.99	$0.91
Diluted Earnings Per Share	$0.97	$0.89
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding	61.54M shares	63.00M shares

Balance Sheet

Concept	2014 Q3	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$450.5M	$439.6M
YoY Change	2.48%	-3.19%
Cash & Equivalents	$28.74M	$17.30M
Short-Term Investments	$421.8M	$422.3M
Other Short-Term Assets	$8.976M	$27.60M
YoY Change	-67.48%	350.69%
Inventory	$149.0M	$132.7M
Prepaid Expenses
Receivables	$214.7M	$194.9M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$844.5M	$794.8M
YoY Change	6.25%	2.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$159.6M	$149.6M
YoY Change	6.68%	-2.14%
Goodwill	$221.7M
YoY Change
Intangibles	$153.2M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$25.98M	$62.30M
YoY Change	-58.3%	329.21%
Total Long-Term Assets	$583.3M	$537.1M
YoY Change	8.6%	2.51%
TOTAL ASSETS
Total Short-Term Assets	$844.5M	$794.8M
Total Long-Term Assets	$583.3M	$537.1M
Total Assets	$1.428B	$1.332B
YoY Change	7.2%	2.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$37.61M	$32.90M
YoY Change	14.32%	15.09%
Accrued Expenses	$57.10M	$55.90M
YoY Change	2.15%	8.97%
Deferred Revenue
YoY Change
Short-Term Debt	$6.200M	$9.500M
YoY Change	-34.74%	25.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$159.9M	$163.8M
YoY Change	-2.37%	13.91%
LONG-TERM LIABILITIES
Long-Term Debt	$508.8M	$404.3M
YoY Change	25.83%	-31.43%
Other Long-Term Liabilities	$93.50M	$140.7M
YoY Change	-33.55%	15.99%
Total Long-Term Liabilities	$508.8M	$545.0M
YoY Change	-6.65%	-7.57%
TOTAL LIABILITIES
Total Short-Term Liabilities	$159.9M	$163.8M
Total Long-Term Liabilities	$508.8M	$545.0M
Total Liabilities	$668.7M	$730.6M
YoY Change	-8.48%	-0.38%
SHAREHOLDERS EQUITY
Retained Earnings	$270.5M
YoY Change
Common Stock	$434.3M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$646.0M	$601.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.428B	$1.332B
YoY Change	7.2%	2.46%

Cashflow Statement

Concept	2014 Q3	2013 Q3
OPERATING ACTIVITIES
Net Income	$59.55M	$56.10M
YoY Change	6.15%	51.21%
Depreciation, Depletion And Amortization	$9.300M	$9.100M
YoY Change	2.2%	-9.0%
Cash From Operating Activities	$86.40M	$80.80M
YoY Change	6.93%	20.06%
INVESTING ACTIVITIES
Capital Expenditures	-$8.200M	-$5.800M
YoY Change	41.38%	241.18%
Acquisitions
YoY Change
Other Investing Activities	-$400.0K	$3.000M
YoY Change	-113.33%	-120.0%
Cash From Investing Activities	-$8.600M	-$2.800M
YoY Change	207.14%	-83.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-79.20M	-88.10M
YoY Change	-10.1%	93.63%
NET CHANGE
Cash From Operating Activities	86.40M	80.80M
Cash From Investing Activities	-8.600M	-2.800M
Cash From Financing Activities	-79.20M	-88.10M
Net Change In Cash	-1.400M	-10.10M
YoY Change	-86.14%	-298.04%
FREE CASH FLOW
Cash From Operating Activities	$86.40M	$80.80M
Capital Expenditures	-$8.200M	-$5.800M
Free Cash Flow	$94.60M	$86.60M
YoY Change	9.24%	25.51%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	44297000	USD
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	56101000	USD
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	69726000	USD
CY2013Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	24342000	USD
CY2013Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	126162000	USD
CY2013Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8425000	USD
CY2013Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	12508000	USD
CY2013Q3	us-gaap	Sales Revenue Net SalesRevenueNet	277035000	USD
CY2013Q3	us-gaap	Gross Profit GrossProfit	150873000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-2304000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-835000	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	66436000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	8866000	USD
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.89
CY2013Q4	ggg	Allowances For Doubtful Accounts And Sales AllowancesForDoubtfulAccountsAndSales	6300000	USD
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.91
CY2014Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	508750000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-11915000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	47636000	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	73701000	USD
CY2013Q3	us-gaap	Interest Expense InterestExpense	4450000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17600000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-12888000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-490000	USD
CY2014Q3	us-gaap	Interest Expense InterestExpense	4566000	USD
CY2014Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8210000	USD
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	23000000	USD
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	59551000	USD
CY2014Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	47466000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	82551000	USD
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	78907000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	407887000	USD
CY2013Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	69167000	USD
CY2013Q4	us-gaap	Other Assets Current OtherAssetsCurrent	14633000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	792593000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	133787000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	18827000	USD
CY2013Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	408370000	USD
CY2013Q4	us-gaap	Goodwill Goodwill	189967000	USD
CY2013Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	147940000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	168853000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	151717000	USD
CY2014Q3	us-gaap	Dividends Payable Current DividendsPayableCurrent	16500000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	256170000	USD
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	347058000	USD
CY2013Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	16881000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	20366000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	24645000	USD
CY2013Q4	us-gaap	Assets Assets	1327228000	USD
CY2014Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	214670000	USD
CY2013Q4	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	9584000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	34282000	USD
CY2014Q3	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	21338000	USD
CY2014Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	25982000	USD
CY2014Q3	us-gaap	Assets Current AssetsCurrent	844511000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1327228000	USD
CY2013Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	94705000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	61003000	USD
CY2014Q3	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	22787000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	272653000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-46349000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	634365000	USD
CY2014Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	429430000	USD
CY2014Q3	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	6161000	USD
CY2014Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	153206000	USD
CY2014Q3	us-gaap	Inventory Net InventoryNet	149023000	USD
CY2014Q3	us-gaap	Other Assets Current OtherAssetsCurrent	8976000	USD
CY2014Q3	us-gaap	Assets Assets	1427818000	USD
CY2014Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	159595000	USD
CY2014Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	37612000	USD
CY2014Q3	us-gaap	Goodwill Goodwill	221737000	USD
CY2013Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	183293000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	19756000	USD
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.99
CY2014Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.97
CY2014Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	269835000	USD
CY2014Q3	us-gaap	Liabilities Current LiabilitiesCurrent	159913000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	28737000	USD
CY2014Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	19634000	USD
CY2014Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	63569000	USD
CY2014Q3	ggg	Accrued Salaries Incentives AccruedSalariesIncentives	36071000	USD
CY2012Q4	ggg	Accrued Salaries Incentives AccruedSalariesIncentives	34001000	USD
CY2013Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	20935000	USD
CY2014Q3	us-gaap	Cost Method Investments CostMethodInvestments	421767000	USD
CY2013Q4	us-gaap	Cost Method Investments CostMethodInvestments	422297000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62996000	shares
	us-gaap	Proceeds From Sale Of Other Productive Assets ProceedsFromSaleOfOtherProductiveAssets	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	991000	USD
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-530000	USD
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-4516000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-3611000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	1265000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	65219000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	890000	USD
CY2013Q3	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	61333000	shares
CY2014Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	93480000	USD
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	59672000	USD
CY2014Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	646041000	USD
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1427818000	USD
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	270450000	USD
CY2014Q3	ggg	Allowances For Doubtful Accounts And Sales AllowancesForDoubtfulAccountsAndSales	6900000	USD
CY2014Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	374628000	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-58709000	USD
CY2013Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-76199000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-14882000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	2522000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	3011000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	4535000	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-83745000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-46794000	USD
CY2013Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-86534000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	8866000	USD
CY2013Q3	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	1469000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-12888000	USD
CY2014Q3	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	973000	USD
CY2014Q3	us-gaap	Noncurrent Assets NoncurrentAssets	159595000	USD
CY2013Q4	us-gaap	Noncurrent Assets NoncurrentAssets	151717000	USD
CY2014Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	77136000	USD
CY2013Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	65963000	USD
CY2014Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	42943000	USD
CY2013Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	41458000	USD
CY2014Q3	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	72613000	USD
CY2014Q3	us-gaap	Inventory Gross InventoryGross	192692000	USD
CY2013Q4	us-gaap	Inventory Gross InventoryGross	176472000	USD
CY2013Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	69051000	USD
CY2014Q3	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	43669000	USD
CY2013Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	42685000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	137275000	USD
CY2014Q3	ggg	Finite Lived Intangible Assets Foreign Currency Translation FiniteLivedIntangibleAssetsForeignCurrencyTranslation	4112000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	107170000	USD
CY2014Q3	ggg	Other Intangible Assets Gross OtherIntangibleAssetsGross	185075000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	137505000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	32255000	USD
CY2013Q4	ggg	Finite Lived Intangible Assets Foreign Currency Translation FiniteLivedIntangibleAssetsForeignCurrencyTranslation	-1576000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	106826000	USD
CY2013Q4	ggg	Other Intangible Assets Gross OtherIntangibleAssetsGross	177905000	USD
CY2014Q3	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	153206000	USD
CY2013Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	147940000	USD
CY2014Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2600000	USD
CY2013Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3100000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	11000000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	10300000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	10000000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	9700000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	9700000	USD
CY2014Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	65000000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8500000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9600000	USD
	us-gaap	Goodwill Translation Adjustments GoodwillTranslationAdjustments	-5570000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	37340000	USD
CY2014Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7628000	USD
CY2013Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7771000	USD
CY2014Q3	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	6731000	USD
CY2013Q4	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	7908000	USD
CY2014Q3	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	6360000	USD
CY2014Q3	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	6993000	USD
CY2013Q4	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	6381000	USD
CY2013Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	7245000	USD
CY2014Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	2445000	USD
CY2014Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	23640000	USD
CY2013Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	23608000	USD
CY2013Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	4561000	USD
CY2013Q4	ggg	Customer Advances And Deferred Revenue CustomerAdvancesAndDeferredRevenue	11693000	USD
CY2014Q3	ggg	Customer Advances And Deferred Revenue CustomerAdvancesAndDeferredRevenue	9772000	USD
	us-gaap	Product Warranty Expense ProductWarrantyExpense	4531000	USD
	ggg	Product Warranty Margin Reversed ProductWarrantyMarginReversed	1691000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	6377000	USD
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7943000	USD
CY2013	us-gaap	Product Warranty Expense ProductWarrantyExpense	6119000	USD
CY2013	ggg	Product Warranty Margin Reversed ProductWarrantyMarginReversed	3819000	USD
CY2013	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	10110000	USD
	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	12000	USD
CY2013	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	0	USD
CY2014Q3	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	13043000	USD
CY2013Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	12902000	USD
CY2013Q4	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	2296000	USD
CY2014Q3	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	2589000	USD
CY2014Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	300000000	USD
CY2014Q3	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	320000000	USD
CY2013Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	320000000	USD
CY2014Q3	us-gaap	Investment Income Dividend InvestmentIncomeDividend	9000000	USD
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	24000000	USD
CY2013Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	300000000	USD
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	24000000	USD
CY2014Q3	ggg	Disposal Group Including Discontinued Operation Consideration DisposalGroupIncludingDiscontinuedOperationConsideration	590000000	USD
CY2013Q3	us-gaap	Investment Income Dividend InvestmentIncomeDividend	9000000	USD
CY2014Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	500000000	USD
	us-gaap	Line Of Credit Facility Increase Decrease For Period Net LineOfCreditFacilityIncreaseDecreaseForPeriodNet	50000000	USD
	us-gaap	Line Of Credit Facility Interest Rate Description LineOfCreditFacilityInterestRateDescription	Under the amended agreement, the base rate applied to borrowings is an annual rate equal to a margin ranging from zero percent to 0.875 percent (down from zero to 1 percent under the prior agreement), depending on the Company’s cash flow leverage ratio, plus the highest of (i) the bank’s prime rate, (ii) the federal funds rate plus 0.5 percent or (iii) one-month LIBOR plus 1.5 percent. In general, LIBOR-based loans bear interest at LIBOR plus 1 percent to 1.875 percent (down from 1 to 2 percent), depending on the Company’s cash flow leverage ratio.
	ggg	Line Of Credit Facility Unused Capacity Commitment Fee Percentage Maximum LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMaximum	0.003	pure
	ggg	Line Of Credit Facility Unused Capacity Commitment Fee Percentage Minimum LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMinimum	0.0015	pure
CY2014Q1	ggg	Line Of Credit Facility Unused Capacity Commitment Fee Percentage Minimum LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMinimum	0.0015	pure
CY2014Q1	ggg	Line Of Credit Facility Unused Capacity Commitment Fee Percentage Maximum LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMaximum	0.004	pure
CY2014Q3	us-gaap	Line Of Credit Facility Expiration Date1 LineOfCreditFacilityExpirationDate1	2019-06-26

Files In Submission

Name	View Source	Status
0001193125-14-378864-index-headers.html	Edgar Link	pending
0001193125-14-378864-index.html	Edgar Link	pending
0001193125-14-378864.txt	Edgar Link	pending
0001193125-14-378864-xbrl.zip	Edgar Link	pending
d807584d10q.htm	Edgar Link	pending
d807584dex21.htm	Edgar Link	pending
d807584dex311.htm	Edgar Link	pending
d807584dex312.htm	Edgar Link	pending
d807584dex32.htm	Edgar Link	pending
d807584dex991.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
g807584001.jpg	Edgar Link	pending
g807584002.jpg	Edgar Link	pending
g807584003.jpg	Edgar Link	pending
ggg-20140926.xml	Edgar Link	completed
ggg-20140926.xsd	Edgar Link	pending
ggg-20140926_cal.xml	Edgar Link	unprocessable
ggg-20140926_def.xml	Edgar Link	unprocessable
ggg-20140926_lab.xml	Edgar Link	unprocessable
ggg-20140926_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
R46.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

2014 Q3 Form 10-Q Financial Statement

#000119312514378864 Filed on October 22, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GGG GRACO INC Stock $ggg

2014 Q3 Form 10-Q Financial Statement

#000119312514378864 Filed on October 22, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GGG
GRACO INC Stock $ggg