$SAM
BOSTON BEER CO INC

2018 Q1 Form 10-Q Financial Statement

#000119312518131461 Filed on April 25, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q2
Revenue $190.5M $161.7M
YoY Change -33.95%
Cost Of Revenue $94.36M $85.35M
YoY Change -27.63%
Gross Profit $96.10M $76.34M
YoY Change -39.83%
Gross Profit Margin 50.46% 47.21%
Selling, General & Admin $86.86M $72.32M
YoY Change -14.97%
% of Gross Profit 90.39% 94.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.82M $12.72M
YoY Change 1.79%
% of Gross Profit 13.34% 16.67%
Operating Expenses $86.86M $72.32M
YoY Change -15.01%
Operating Profit $9.238M $4.028M
YoY Change -90.36%
Interest Expense $205.0K $84.00K
YoY Change 320.0%
% of Operating Profit 2.22% 2.09%
Other Income/Expense, Net -$80.00K $12.00K
YoY Change -106.45%
Pretax Income $9.158M $4.040M
YoY Change -90.29%
Income Tax -$152.0K -$1.671M
% Of Pretax Income -1.66% -41.36%
Net Earnings $9.310M $5.711M
YoY Change -78.55%
Net Earnings / Revenue 4.89% 3.53%
Basic Earnings Per Share $0.79 $0.46
Diluted Earnings Per Share $0.78 $0.45
COMMON SHARES
Basic Shares Outstanding 11.81M 12.47M shares
Diluted Shares Outstanding 11.83M 12.52M shares

Balance Sheet

Concept 2018 Q1 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.60M $59.90M
YoY Change 117.03%
Cash & Equivalents $46.65M $59.89M
Short-Term Investments
Other Short-Term Assets $14.10M $9.500M
YoY Change -50.78%
Inventory $56.23M $54.44M
Prepaid Expenses
Receivables $49.01M $35.31M
Other Receivables $9.000M $6.900M
Total Short-Term Assets $174.9M $166.1M
YoY Change -1.33%
LONG-TERM ASSETS
Property, Plant & Equipment $385.6M $404.4M
YoY Change -1.81%
Goodwill $3.683M $3.683M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.73M $12.77M
YoY Change 90.53%
Total Long-Term Assets $405.0M $420.9M
YoY Change -0.32%
TOTAL ASSETS
Total Short-Term Assets $174.9M $166.1M
Total Long-Term Assets $405.0M $420.9M
Total Assets $579.9M $587.0M
YoY Change -0.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $43.18M $36.07M
YoY Change -13.27%
Accrued Expenses $56.70M $48.40M
YoY Change -30.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $99.92M $84.48M
YoY Change -23.99%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $8.041M $9.688M
YoY Change 2.24%
Total Long-Term Liabilities $8.041M $9.688M
YoY Change 2.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $99.92M $84.48M
Total Long-Term Liabilities $8.041M $9.688M
Total Liabilities $143.0M $151.5M
YoY Change -15.03%
SHAREHOLDERS EQUITY
Retained Earnings $44.01M $70.09M
YoY Change -13.39%
Common Stock $394.3M $366.3M
YoY Change 10.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $436.9M $435.4M
YoY Change
Total Liabilities & Shareholders Equity $579.9M $587.0M
YoY Change -0.61%

Cashflow Statement

Concept 2018 Q1 2017 Q2
OPERATING ACTIVITIES
Net Income $9.310M $5.711M
YoY Change -78.55%
Depreciation, Depletion And Amortization $12.82M $12.72M
YoY Change 1.79%
Cash From Operating Activities -$10.42M -$5.000M
YoY Change -111.9%
INVESTING ACTIVITIES
Capital Expenditures $11.48M $6.981M
YoY Change -153.7%
Acquisitions
YoY Change
Other Investing Activities $100.0K $0.00
YoY Change
Cash From Investing Activities -$11.36M -$7.000M
YoY Change -45.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $16.64M $33.27M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.787M -19.10M
YoY Change -63.69%
NET CHANGE
Cash From Operating Activities -10.42M -5.000M
Cash From Investing Activities -11.36M -7.000M
Cash From Financing Activities 2.787M -19.10M
Net Change In Cash -18.99M -31.10M
YoY Change 32.34%
FREE CASH FLOW
Cash From Operating Activities -$10.42M -$5.000M
Capital Expenditures $11.48M $6.981M
Free Cash Flow -$21.89M -$11.98M
YoY Change -121.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
4300000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59893000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
143.93
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
157.36
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
374181 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
178692 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
104.02
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1005755 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
178.90
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
70562 shares
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
44005000
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8041000
CY2018Q1 us-gaap Liabilities
Liabilities
142961000
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
579887000
CY2018Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
8100000
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1509000
CY2018Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
43181000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
436926000
CY2018Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
394313000
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
300000
CY2018Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
34997000
CY2018Q1 us-gaap Contractual Obligation
ContractualObligation
193600000
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
45100000
CY2018Q1 us-gaap Assets
Assets
579887000
CY2018Q1 us-gaap Goodwill
Goodwill
3683000
CY2018Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
8952000
CY2018Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
14380000
CY2018Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
33249000
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
99923000
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
15732000
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
14074000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
19949000
CY2018Q1 sam International Sales Percentage Of Sales
InternationalSalesPercentageOfSales
0.04 pure
CY2018Q1 sam Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
68722000
CY2018Q1 sam Domestic Sales Percentage Of Sales
DomesticSalesPercentageOfSales
0.95 pure
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
47000
CY2018Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
56742000
CY2018Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2018Q1 us-gaap Line Of Credit
LineOfCredit
0
CY2018Q1 us-gaap Assets Current
AssetsCurrent
174903000
CY2018Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
8596000
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
385569000
CY2018Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
16108000
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46645000
CY2018Q1 us-gaap Inventory Noncurrent
InventoryNoncurrent
12497000
CY2018Q1 us-gaap Inventory Net
InventoryNet
56225000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
19015000
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
49007000
CY2018Q1 sam Retail Sales Percentage Of Sales
RetailSalesPercentageOfSales
0.01 pure
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
91035000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
155.21
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1156997 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
158.53
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
62405 shares
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
52105000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9524000
CY2017Q4 us-gaap Liabilities
Liabilities
146101000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
569624000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1288000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
38141000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
423523000
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
372590000
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
300000
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
34819000
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2017Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
63617000
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
101758000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
168348000
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
6826000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
384280000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65637000
CY2017Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
9905000
CY2017Q4 us-gaap Inventory Net
InventoryNet
50651000
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
33749000
CY2017Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
63800000
CY2017Q4 us-gaap Assets
Assets
569624000
CY2017Q4 us-gaap Goodwill
Goodwill
3683000
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
7616000
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10739000
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
33086000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13313000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10695000
CY2017Q4 sam Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
60556000
CY2017Q4 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
79000 shares
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2017Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-5040000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12516000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12471000 shares
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
116000 shares
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.468 pure
CY2017Q2 us-gaap Revenues
Revenues
161695000
CY2017Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6981000
CY2017Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
33268000
CY2017Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
84000
CY2017Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-27000
CY2017Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
3562000
CY2017Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
172437000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
4028000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
5711000
CY2017Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4799000
CY2017Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1376000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5711000
CY2017Q2 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
60000
CY2017Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
225000
CY2017Q2 us-gaap Gross Profit
GrossProfit
76344000
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-72000
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
12000
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5711000
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5679000
CY2017Q2 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-16000
CY2017Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2784000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4040000
CY2017Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
117000
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12724000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1671000
CY2017Q2 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-12595000
CY2017Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6254000
CY2017Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-6958000
CY2017Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7000
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1581000
CY2017Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1891000
CY2017Q2 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
2000
CY2017Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
53754000
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18562000
CY2017Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-148000
CY2017Q2 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-19144000
CY2017Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4000
CY2017Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-32000
CY2017Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-31142000
CY2017Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
85351000
CY2017Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
10742000
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
72316000
CY2017Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13869000
CY2017Q2 sam Decrease Increase In Accounts Payable For Purchase Of Property Plant And Equipment
DecreaseIncreaseInAccountsPayableForPurchaseOfPropertyPlantAndEquipment
1741000
CY2017Q2 sam Net Proceeds From Sale Of Investment Shares
NetProceedsFromSaleOfInvestmentShares
315000
CY2018Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2018Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018Q1 dei Document Type
DocumentType
10-Q
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2018Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000949870
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-10415000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2018Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y11M19D
CY2018Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
113.82
CY2018Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2018Q1 dei Trading Symbol
TradingSymbol
SAM
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11831000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11805000 shares
CY2018Q1 dei Amendment Flag
AmendmentFlag
false
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1012 shares
CY2018Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2018Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
191.10
CY2018Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y6M14D
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2018Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-30
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2018Q1 dei Document Period End Date
DocumentPeriodEndDate
2018-03-31
CY2018Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
99000 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
108.71
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
156.90
CY2018Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
168773 shares
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.280 pure
CY2018Q1 dei Entity Registrant Name
EntityRegistrantName
BOSTON BEER CO INC
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
152.19
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
17531 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
28087 shares
CY2018Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y6M29D
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
18918 shares
CY2018Q1 us-gaap Revenues
Revenues
190457000
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11477000
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
16640000
CY2018Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
205000
CY2018Q1 us-gaap Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
-1310000
CY2018Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-143000
CY2018Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
2723000
CY2018Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
201831000
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
9238000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
9310000
CY2018Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8166000
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16615000
CY2018Q1 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
1000000
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9321000
CY2018Q1 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
63000
CY2018Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
11000
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
459000
CY2018Q1 us-gaap Gross Profit
GrossProfit
96097000
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-285000
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-80000
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9310000
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9253000
CY2018Q1 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-111000
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4689000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9158000
CY2018Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
178000
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12820000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-152000
CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-6575000
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2299000
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-11364000
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000
CY2018Q1 sam Net Proceeds From Sale Of Investment Shares
NetProceedsFromSaleOfInvestmentShares
186000
CY2018Q1 sam Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
200000
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1491000
CY2018Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2571000
CY2018Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
67521000
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19338000
CY2018Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-658000
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2787000
CY2018Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
47000
CY2018Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-58000
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-18992000
CY2018Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
94360000
CY2018Q1 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
11374000
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
86859000
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
19304000
CY2018Q1 sam Decrease Increase In Accounts Payable For Purchase Of Property Plant And Equipment
DecreaseIncreaseInAccountsPayableForPurchaseOfPropertyPlantAndEquipment
2741000
CY2018Q1 sam Income Allocated To Equity Instruments Other Than Option Nonvested
IncomeAllocatedToEquityInstrumentsOtherThanOptionNonvested
1000

Files In Submission

Name View Source Status
0001193125-18-131461-index-headers.html Edgar Link pending
0001193125-18-131461-index.html Edgar Link pending
0001193125-18-131461.txt Edgar Link pending
0001193125-18-131461-xbrl.zip Edgar Link pending
d557767d10q.htm Edgar Link pending
d557767dex311.htm Edgar Link pending
d557767dex312.htm Edgar Link pending
d557767dex321.htm Edgar Link pending
d557767dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R4.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
sam-20180331.xml Edgar Link completed
sam-20180331.xsd Edgar Link pending
sam-20180331_cal.xml Edgar Link unprocessable
sam-20180331_def.xml Edgar Link unprocessable
sam-20180331_lab.xml Edgar Link unprocessable
sam-20180331_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending