$GGG
GRACO INC Stock $ggg

$ggg Overview Financials Valuation SEC Filings Company Website

2015 Q3 Form 10-Q Financial Statement

#000119312515260061 Filed on July 23, 2015

Income Statement

Concept	2015 Q3	2015 Q2	2014 Q2
Revenue	$319.0M	$335.5M	$322.5M
YoY Change	5.41%	4.01%	12.77%
Cost Of Revenue	$148.8M	$154.9M	$145.7M
YoY Change	8.76%	6.29%	14.47%
Gross Profit	$170.2M	$180.6M	$176.9M
YoY Change	2.64%	2.13%	11.41%
Gross Profit Margin	53.36%	53.84%	54.83%
Selling, General & Admin	$78.49M	$81.83M	$77.60M
YoY Change	7.34%	5.45%	9.14%
% of Gross Profit	46.12%	45.3%	43.88%
Research & Development	$14.78M	$14.91M	$13.41M
YoY Change	7.24%	11.2%	7.52%
% of Gross Profit	8.69%	8.25%	7.58%
Depreciation & Amortization	$11.30M	$11.20M	$9.000M
YoY Change	21.51%	24.44%	-3.23%
% of Gross Profit	6.64%	6.2%	5.09%
Operating Expenses	$93.27M	$96.73M	$91.00M
YoY Change	7.32%	6.3%	629.94%
Operating Profit	$76.93M	$83.89M	$85.85M
YoY Change	-2.51%	-2.28%	-41.31%
Interest Expense	$4.025M	$4.125M	$4.676M
YoY Change	-11.85%	-11.78%	-201.65%
% of Operating Profit	5.23%	4.92%	5.45%
Other Income/Expense, Net	-$1.389M	$438.0K	$202.0K
YoY Change	348.06%	116.83%	-98.15%
Pretax Income	$73.90M	$239.0M	$91.94M
YoY Change	-10.48%	160.0%	12.94%
Income Tax	$23.21M	$66.40M	$25.70M
% Of Pretax Income	31.41%	27.78%	27.95%
Net Earnings	$50.69M	$172.6M	$66.20M
YoY Change	-14.88%	160.78%	14.53%
Net Earnings / Revenue	15.89%	51.46%	20.52%
Basic Earnings Per Share	$0.88	$2.96	$1.10
Diluted Earnings Per Share	$0.86	$2.90	$1.07
COMMON SHARES
Basic Shares Outstanding	57.73M shares
Diluted Shares Outstanding	58.66M shares	59.62M shares

Balance Sheet

Concept	2015 Q3	2015 Q2	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$51.90M	$44.30M	$451.3M
YoY Change	-88.48%	-90.18%	-0.49%
Cash & Equivalents	$51.91M	$44.26M	$29.60M
Short-Term Investments	$0.00	$0.00	$421.8M
Other Short-Term Assets	$19.80M	$12.28M	$31.80M
YoY Change	120.55%	-61.39%	17.78%
Inventory	$197.2M	$194.6M	$147.1M
Prepaid Expenses
Receivables	$229.5M	$262.7M	$229.2M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$519.9M	$535.1M	$859.5M
YoY Change	-38.44%	-37.74%	6.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$172.2M	$171.4M	$159.1M
YoY Change	7.91%	7.73%	6.78%
Goodwill	$397.3M	$403.5M
YoY Change	79.19%
Intangibles	$233.9M	$244.2M
YoY Change	52.64%
Long-Term Investments
YoY Change
Other Assets	$24.68M	$26.25M	$48.90M
YoY Change	-5.02%	-46.33%	-20.1%
Total Long-Term Assets	$867.5M	$883.8M	$597.4M
YoY Change	48.72%	47.94%	12.74%
TOTAL ASSETS
Total Short-Term Assets	$519.9M	$535.1M	$859.5M
Total Long-Term Assets	$867.5M	$883.8M	$597.4M
Total Assets	$1.387B	$1.419B	$1.457B
YoY Change	-2.83%	-2.61%	8.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$50.23M	$45.15M	$42.70M
YoY Change	33.55%	5.73%	24.49%
Accrued Expenses	$65.40M	$59.40M	$49.90M
YoY Change	14.54%	19.04%	3.96%
Deferred Revenue
YoY Change
Short-Term Debt	$9.200M	$10.40M	$12.60M
YoY Change	48.39%	-17.46%	61.54%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$204.3M	$233.8M	$165.2M
YoY Change	27.79%	41.51%	6.65%
LONG-TERM LIABILITIES
Long-Term Debt	$375.0M	$300.4M	$522.8M
YoY Change	-26.29%	-42.54%	12.24%
Other Long-Term Liabilities	$11.49M	$11.48M	$94.90M
YoY Change	-87.71%	-87.91%	-31.63%
Total Long-Term Liabilities	$386.5M	$311.9M	$617.7M
YoY Change	-24.03%	-49.51%	2.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$204.3M	$233.8M	$165.2M
Total Long-Term Liabilities	$386.5M	$311.9M	$617.7M
Total Liabilities	$590.8M	$545.7M	$803.6M
YoY Change	-11.64%	-32.1%	2.97%
SHAREHOLDERS EQUITY
Retained Earnings	$284.6M	$343.7M
YoY Change	5.24%
Common Stock	$452.4M	$457.3M
YoY Change	4.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$636.5M	$712.4M	$653.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.387B	$1.419B	$1.457B
YoY Change	-2.83%	-2.61%	8.68%

Cashflow Statement

Concept	2015 Q3	2015 Q2	2014 Q2
OPERATING ACTIVITIES
Net Income	$50.69M	$172.6M	$66.20M
YoY Change	-14.88%	160.78%	14.53%
Depreciation, Depletion And Amortization	$11.30M	$11.20M	$9.000M
YoY Change	21.51%	24.44%	-3.23%
Cash From Operating Activities	$38.50M	$49.50M	$55.80M
YoY Change	-55.44%	-11.29%	-8.52%
INVESTING ACTIVITIES
Capital Expenditures	-$9.000M	-$10.10M	-$10.20M
YoY Change	9.76%	-0.98%	67.21%
Acquisitions
YoY Change
Other Investing Activities	$12.00M	$584.6M	-$200.0K
YoY Change	-3100.0%	-292400.0%
Cash From Investing Activities	$3.000M	$574.5M	-$10.40M
YoY Change	-134.88%	-5624.04%	70.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-35.20M	-608.0M	-39.30M
YoY Change	-55.56%	1447.07%	-40.36%
NET CHANGE
Cash From Operating Activities	38.50M	49.50M	55.80M
Cash From Investing Activities	3.000M	574.5M	-10.40M
Cash From Financing Activities	-35.20M	-608.0M	-39.30M
Net Change In Cash	6.300M	16.00M	6.100M
YoY Change	-550.0%	162.3%	-155.45%
FREE CASH FLOW
Cash From Operating Activities	$38.50M	$49.50M	$55.80M
Capital Expenditures	-$9.000M	-$10.10M	-$10.20M
Free Cash Flow	$47.50M	$59.60M	$66.00M
YoY Change	-49.79%	-9.7%	-1.64%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Sales Revenue Net SalesRevenueNet	641942000	USD
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-25
CY2015Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	57729000	shares
CY2015Q2	dei	Entity Public Float EntityPublicFloat	4128441586	USD
	dei	Trading Symbol TradingSymbol	GGG
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	276349000	USD
	us-gaap	Gross Profit GrossProfit	336162000	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	335489000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	26564000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	95845000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	53200000	USD
CY2015Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	154866000	USD
CY2015Q2	us-gaap	Gross Profit GrossProfit	180623000	USD
	us-gaap	Interest Expense InterestExpense	9264000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-45000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	165481000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	48500000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	116981000	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.88
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.55
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	116536000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-445000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-2413000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	149122000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-1994000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-4357000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-864000	USD
	us-gaap	Investment Income Net InvestmentIncomeNet	188356000	USD
	us-gaap	Investment Income Net InvestmentIncomeNet	14237000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-1919000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-1225000	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	66236000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1119000	USD
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	25700000	USD
CY2014Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	49503000	USD
CY2014Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	13405000	USD
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.07
CY2015Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	13584000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-739000	USD
CY2015Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	14907000	USD
CY2015Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	50126000	USD
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	31699000	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	83891000	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	4125000	USD
CY2015Q2	us-gaap	Investment Income Net InvestmentIncomeNet	158833000	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	438000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	239037000	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	66400000	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	172637000	USD
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.96
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.90
CY2015Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.30
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	85848000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	91936000	USD
CY2014Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	145699000	USD
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.10
CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	202000	USD
CY2014Q2	us-gaap	Gross Profit GrossProfit	176850000	USD
CY2014Q2	us-gaap	Interest Expense InterestExpense	4676000	USD
CY2014Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2014Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	28094000	USD
CY2014Q2	us-gaap	Investment Income Net InvestmentIncomeNet	10562000	USD
CY2014Q2	us-gaap	Sales Revenue Net SalesRevenueNet	322549000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	186221000	USD
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	65117000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-436000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	12404000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23656000	USD
CY2014Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	214944000	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	159797000	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	19969000	USD
CY2014Q4	us-gaap	Other Assets Current OtherAssetsCurrent	19374000	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	859507000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	433751000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	161230000	USD
CY2014Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	272521000	USD
CY2014Q4	ggg	Accrued Salaries Incentives AccruedSalariesIncentives	40775000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44258000	USD
CY2015Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	262722000	USD
CY2015Q2	us-gaap	Inventory Net InventoryNet	194568000	USD
CY2015Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	21317000	USD
CY2015Q2	us-gaap	Other Assets Current OtherAssetsCurrent	12277000	USD
CY2015Q2	us-gaap	Assets Current AssetsCurrent	535142000	USD
CY2015Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	447367000	USD
CY2015Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	275968000	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	171399000	USD
CY2015Q2	us-gaap	Goodwill Goodwill	403529000	USD
CY2015Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	244234000	USD
CY2015Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	38357000	USD
CY2015Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	26247000	USD
CY2015Q2	us-gaap	Assets Assets	1418908000	USD
CY2015Q2	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	10354000	USD
CY2015Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	45145000	USD
CY2015Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	17400000	USD
CY2015Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	122284000	USD
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	233772000	USD
CY2015Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	300410000	USD
CY2015Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	138042000	USD
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	57817000	USD
CY2015Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	399499000	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	343666000	USD
CY2015Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-88627000	USD
CY2015Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	712355000	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1418908000	USD
CY2015Q2	ggg	Allowances For Doubtful Accounts And Sales AllowancesForDoubtfulAccountsAndSales	9300000	USD
CY2015Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	22854000	USD
CY2015Q2	us-gaap	Cost Method Investments CostMethodInvestments	0	USD
CY2014Q4	us-gaap	Cost Method Investments CostMethodInvestments	421767000	USD
CY2015Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	11475000	USD
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	0	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	21969000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	18327000	USD
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-11324000	USD
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-5710000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	10990000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	2300000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	33934000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	42019000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	24540000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	9806000	USD
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	7879000	USD
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	6219000	USD
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-8230000	USD
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-9670000	USD
	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	6094000	USD
	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	2749000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	56035000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	3916000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	21792000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	4476000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	96664000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	84029000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	19886000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	17062000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	381819000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	458540000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	773130000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	700000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	14511000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	130635000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	35339000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-460017000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	2136000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	20602000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	250000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	599000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	2659000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	187853000	USD
	us-gaap	Proceeds From Sale Of Other Productive Assets ProceedsFromSaleOfOtherProductiveAssets	0	USD
	us-gaap	Proceeds From Sale Of Other Productive Assets ProceedsFromSaleOfOtherProductiveAssets	589808000	USD
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	0	USD
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-530000	USD
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	147261000	USD
	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	USD
CY2015Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1387000	shares
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	59622000	shares
CY2014Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	60453000	shares
CY2014Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1575000	shares
CY2015Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	17200000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11000000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate	0.15	pure
CY2015Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	10500000	shares
CY2015Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	8388000	shares
CY2014Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-1908000	USD
CY2014Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	789000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-46794000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	12404000	USD
CY2015Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	1180000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-1994000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	1549000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-46349000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	9393000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	2716000	USD
CY2015Q2	ggg	Accelerated Share Repurchases Initial Shares AcceleratedShareRepurchasesInitialShares	742880	shares
CY2015Q2	ggg	Accelerated Share Repurchases Fair Value Of Initial Shares AcceleratedShareRepurchasesFairValueOfInitialShares	54000000	USD
CY2015Q3	ggg	Accelerated Share Repurchases Settlement Shares Received AcceleratedShareRepurchasesSettlementSharesReceived	94515	shares
CY2015Q3	us-gaap	Accelerated Share Repurchases Final Price Paid Per Share AcceleratedShareRepurchasesFinalPricePaidPerShare	71.65
CY2015Q2	ggg	Accelerated Share Repurchases Initial Payment AcceleratedShareRepurchasesInitialPayment	60000000	USD
CY2015Q2	ggg	Accelerated Share Repurchases Settlement Shares Hypothetical AcceleratedShareRepurchasesSettlementSharesHypothetical	90000	shares
CY2015Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	17600000	USD
CY2015Q2	us-gaap	Noncurrent Assets NoncurrentAssets	171399000	USD
CY2014Q4	us-gaap	Noncurrent Assets NoncurrentAssets	161230000	USD
CY2015Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	108684000	USD
CY2014Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	87384000	USD
CY2015Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	49864000	USD
CY2014Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	47682000	USD
CY2015Q2	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	82105000	USD
CY2015Q2	us-gaap	Inventory Gross InventoryGross	240653000	USD
CY2014Q4	us-gaap	Inventory Gross InventoryGross	204278000	USD
CY2014Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	69212000	USD
CY2015Q2	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	46085000	USD
CY2014Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	44481000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	218817000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	37589000	USD
CY2015Q2	ggg	Finite Lived Intangible Assets Foreign Currency Translation FiniteLivedIntangibleAssetsForeignCurrencyTranslation	4728000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	176500000	USD
CY2015Q2	ggg	Other Intangible Assets Gross OtherIntangibleAssetsGross	287982000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	161587000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	29118000	USD
CY2014Q4	ggg	Finite Lived Intangible Assets Foreign Currency Translation FiniteLivedIntangibleAssetsForeignCurrencyTranslation	7989000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	124480000	USD
CY2014Q4	ggg	Other Intangible Assets Gross OtherIntangibleAssetsGross	216852000	USD
CY2015Q2	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	244234000	USD
CY2014Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	176278000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	17400000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	98800000	USD
CY2015Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4400000	USD
CY2014Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2700000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8500000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5800000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	17300000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	17000000	USD
CY2015Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	16900000	USD
	us-gaap	Goodwill Translation Adjustments GoodwillTranslationAdjustments	4188000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	106767000	USD
CY2015Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7641000	USD
CY2015Q2	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	4951000	USD
CY2014Q4	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	9126000	USD
CY2015Q2	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	5830000	USD
CY2015Q2	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	7371000	USD
CY2014Q4	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	7089000	USD
CY2014Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	7697000	USD
CY2015Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	48104000	USD
CY2015Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	32624000	USD
CY2014Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	25157000	USD
CY2014Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	5997000	USD
CY2014Q4	ggg	Customer Advances And Deferred Revenue CustomerAdvancesAndDeferredRevenue	8918000	USD
CY2015Q2	ggg	Customer Advances And Deferred Revenue CustomerAdvancesAndDeferredRevenue	15763000	USD
	us-gaap	Product Warranty Expense ProductWarrantyExpense	3169000	USD
	ggg	Product Warranty Margin Reversed ProductWarrantyMarginReversed	1035000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	4172000	USD
CY2013Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	7771000	USD
CY2014	us-gaap	Product Warranty Expense ProductWarrantyExpense	6069000	USD
CY2014	ggg	Product Warranty Margin Reversed ProductWarrantyMarginReversed	1920000	USD
CY2014	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	8163000	USD
	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	0	USD
CY2014	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	12000	USD
CY2015Q2	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	13597000	USD
CY2014Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	13467000	USD
CY2014Q4	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	2676000	USD
CY2015Q2	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	11367000	USD
CY2015Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	300000000	USD
CY2015Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	330000000	USD
CY2014Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	330000000	USD
CY2014Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	300000000	USD
CY2015Q2	us-gaap	Disposal Group Including Discontinued Operation Consideration DisposalGroupIncludingDiscontinuedOperationConsideration	590000000	USD
CY2015Q2	us-gaap	Investment Income Dividend InvestmentIncomeDividend	12000000	USD
CY2014Q2	us-gaap	Investment Income Dividend InvestmentIncomeDividend	11000000	USD
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	42000000	USD
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	15000000	USD
CY2015Q2	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	147000000	USD
CY2015Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.28	pure
CY2014Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.28	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.26	pure
CY2015Q2	us-gaap	Deferred Tax Liabilities Undistributed Foreign Earnings DeferredTaxLiabilitiesUndistributedForeignEarnings	7000000	USD
	us-gaap	Income Tax Credits And Adjustments IncomeTaxCreditsAndAdjustments	2000000	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.29	pure

Files In Submission

Name	View Source	Status
0001193125-15-260061-index-headers.html	Edgar Link	pending
0001193125-15-260061-index.html	Edgar Link	pending
0001193125-15-260061.txt	Edgar Link	pending
0001193125-15-260061-xbrl.zip	Edgar Link	pending
d24836d10q.htm	Edgar Link	pending
d24836dex311.htm	Edgar Link	pending
d24836dex312.htm	Edgar Link	pending
d24836dex32.htm	Edgar Link	pending
d24836dex991.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
g24836ex99_1pg001.jpg	Edgar Link	pending
ggg-20150626.xml	Edgar Link	completed
ggg-20150626.xsd	Edgar Link	pending
ggg-20150626_cal.xml	Edgar Link	unprocessable
ggg-20150626_def.xml	Edgar Link	unprocessable
ggg-20150626_lab.xml	Edgar Link	unprocessable
ggg-20150626_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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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

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GRACO INC Stock $ggg

2015 Q3 Form 10-Q Financial Statement

#000119312515260061 Filed on July 23, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GGG GRACO INC Stock $ggg

2015 Q3 Form 10-Q Financial Statement

#000119312515260061 Filed on July 23, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GGG
GRACO INC Stock $ggg