$WDFC
WD 40 CO

2020 Q1 Form 10-Q Financial Statement

#000010513220000025 Filed on April 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $100.0M $101.3M
YoY Change -1.27% 0.08%
Cost Of Revenue $46.45M $45.18M
YoY Change 2.81% -0.71%
Gross Profit $53.60M $56.16M
YoY Change -4.55% 0.72%
Gross Profit Margin 53.58% 55.42%
Selling, General & Admin $29.91M $30.59M
YoY Change -2.24% 0.51%
% of Gross Profit 55.79% 54.47%
Research & Development $1.500M $1.500M
YoY Change 0.0% -6.25%
% of Gross Profit 2.8% 2.67%
Depreciation & Amortization $2.067M $1.900M
YoY Change 8.79% -3.5%
% of Gross Profit 3.86% 3.38%
Operating Expenses $35.42M $36.44M
YoY Change -2.82% 0.15%
Operating Profit $18.19M $19.72M
YoY Change -7.76% 1.79%
Interest Expense $593.0K $685.0K
YoY Change -13.43% -31.64%
% of Operating Profit 3.26% 3.47%
Other Income/Expense, Net -$229.0K $497.0K
YoY Change -146.08% -276.87%
Pretax Income $17.39M $19.57M
YoY Change -11.14% 7.44%
Income Tax $3.064M $3.666M
% Of Pretax Income 17.62% 18.73%
Net Earnings $14.33M $15.91M
YoY Change -9.93% 7.34%
Net Earnings / Revenue 14.32% 15.7%
Basic Earnings Per Share $1.04 $1.15
Diluted Earnings Per Share $1.04 $1.14
COMMON SHARES
Basic Shares Outstanding 13.71M 13.83M
Diluted Shares Outstanding 13.74M 13.86M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.50M $31.80M
YoY Change -4.09% -74.23%
Cash & Equivalents $30.50M $31.60M
Short-Term Investments $200.0K
Other Short-Term Assets $8.973M $8.079M
YoY Change 11.07% 41.74%
Inventory $42.96M $44.21M
Prepaid Expenses
Receivables $75.83M $75.24M
Other Receivables $0.00 $0.00
Total Short-Term Assets $158.3M $159.3M
YoY Change -0.68% -34.26%
LONG-TERM ASSETS
Property, Plant & Equipment $57.91M $39.48M
YoY Change 46.7% 7.27%
Goodwill $95.58M $95.71M
YoY Change -0.14%
Intangibles $9.475M $12.17M
YoY Change -22.11%
Long-Term Investments
YoY Change
Other Assets $3.356M $3.066M
YoY Change 9.46% -14.83%
Total Long-Term Assets $175.1M $150.9M
YoY Change 15.99% -0.44%
TOTAL ASSETS
Total Short-Term Assets $158.3M $159.3M
Total Long-Term Assets $175.1M $150.9M
Total Assets $333.3M $310.3M
YoY Change 7.43% -21.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.64M $21.24M
YoY Change 16.0% 0.21%
Accrued Expenses $20.63M $19.42M
YoY Change 6.19% -19.74%
Deferred Revenue
YoY Change
Short-Term Debt $15.90M $10.10M
YoY Change 57.43% 23.17%
Long-Term Debt Due $25.80M $15.80M
YoY Change 63.29% 172.41%
Total Short-Term Liabilities $95.42M $77.08M
YoY Change 23.81% 15.9%
LONG-TERM LIABILITIES
Long-Term Debt $61.12M $63.38M
YoY Change -3.57% -58.63%
Other Long-Term Liabilities $10.44M $1.788M
YoY Change 483.84% -78.2%
Total Long-Term Liabilities $71.56M $65.17M
YoY Change 9.8% -59.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $95.42M $77.08M
Total Long-Term Liabilities $71.56M $65.17M
Total Liabilities $185.4M $154.4M
YoY Change 20.07% -35.59%
SHAREHOLDERS EQUITY
Retained Earnings $382.9M $364.1M
YoY Change 5.17%
Common Stock $156.4M $154.4M
YoY Change 1.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $360.9M $333.7M
YoY Change 8.16%
Treasury Stock Shares $6.107M $5.950M
Shareholders Equity $148.0M $155.9M
YoY Change
Total Liabilities & Shareholders Equity $333.3M $310.3M
YoY Change 7.43% -21.25%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $14.33M $15.91M
YoY Change -9.93% 7.34%
Depreciation, Depletion And Amortization $2.067M $1.900M
YoY Change 8.79% -3.5%
Cash From Operating Activities $8.170M $8.220M
YoY Change -0.61% -4.08%
INVESTING ACTIVITIES
Capital Expenditures -$4.730M -$3.720M
YoY Change 27.15% -54.85%
Acquisitions
YoY Change
Other Investing Activities $10.00K $60.00K
YoY Change -83.33% 200.0%
Cash From Investing Activities -$4.710M -$3.650M
YoY Change 29.04% -55.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.300M -4.350M
YoY Change -70.11% -63.45%
NET CHANGE
Cash From Operating Activities 8.170M 8.220M
Cash From Investing Activities -4.710M -3.650M
Cash From Financing Activities -1.300M -4.350M
Net Change In Cash 2.160M 220.0K
YoY Change 881.82% -101.9%
FREE CASH FLOW
Cash From Operating Activities $8.170M $8.220M
Capital Expenditures -$4.730M -$3.720M
Free Cash Flow $12.90M $11.94M
YoY Change 8.04% -28.97%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Entity Central Index Key
EntityCentralIndexKey
0000105132
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-02-29
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-06936
dei Entity Registrant Name
EntityRegistrantName
WD-40 COMPANY
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
95-1797918
dei Entity Address Address Line1
EntityAddressAddressLine1
9715 Businesspark Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
San Diego
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92131
dei City Area Code
CityAreaCode
619
dei Local Phone Number
LocalPhoneNumber
275-1400
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Security12b Title
Security12bTitle
Common stock, par value $0.001 per share
dei Trading Symbol
TradingSymbol
WDFC
dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19773977
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13705795
CY2020Q1 us-gaap Goodwill
Goodwill
95580000
CY2019Q3 us-gaap Goodwill
Goodwill
95347000
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3356000
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3189000
dei Entity Shell Company
EntityShellCompany
false
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13668439
CY2020Q1 us-gaap Assets
Assets
333331000
CY2019Q3 us-gaap Assets
Assets
302662000
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13718661
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30503000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27233000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
330000
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
300000
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
75827000
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
72864000
CY2020Q1 us-gaap Inventory Net
InventoryNet
42960000
CY2019Q3 us-gaap Inventory Net
InventoryNet
40682000
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
8973000
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
7216000
CY2020Q1 us-gaap Assets Current
AssetsCurrent
158263000
CY2019Q3 us-gaap Assets Current
AssetsCurrent
147995000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57910000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45076000
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9475000
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10652000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8324000
CY2020Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
423000
CY2019Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
403000
CY2020Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
24643000
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
18727000
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
20627000
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18513000
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8239000
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
15301000
CY2020Q1 us-gaap Debt Current
DebtCurrent
41729000
CY2019Q3 us-gaap Debt Current
DebtCurrent
21205000
CY2020Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
186000
CY2019Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
844000
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
95424000
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
74590000
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
61117000
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
60221000
CY2020Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
11665000
CY2019Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
11688000
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6727000
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
20000
CY2019Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
45177000
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10439000
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10688000
CY2020Q1 us-gaap Liabilities
Liabilities
185372000
CY2019Q3 us-gaap Liabilities
Liabilities
157187000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
91460000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
90628000
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
36000000
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
36000000
CY2020Q1 us-gaap Gross Profit
GrossProfit
53602000
CY2019Q1 us-gaap Gross Profit
GrossProfit
56158000
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q1 us-gaap Treasury Stock Value
TreasuryStockValue
360913000
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
351255000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
147959000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
145475000
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
20000
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
333331000
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19812685
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
302662000
CY2020Q1 us-gaap Revenues
Revenues
100049000
CY2019Q1 us-gaap Revenues
Revenues
101335000
us-gaap Revenues
Revenues
198605000
us-gaap Revenues
Revenues
202617000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
46447000
CY2020Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
156381000
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
155132000
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
382939000
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
374060000
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-30468000
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-32482000
CY2020Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
6106890
CY2019Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
6055316
us-gaap Gross Profit
GrossProfit
107145000
us-gaap Gross Profit
GrossProfit
111989000
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
29906000
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
30591000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
62505000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
63322000
CY2020Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
4857000
CY2019Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
5184000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
10447000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
11150000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
654000
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
668000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1304000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1401000
CY2020Q1 us-gaap Operating Expenses
OperatingExpenses
35417000
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
36443000
us-gaap Operating Expenses
OperatingExpenses
74256000
us-gaap Operating Expenses
OperatingExpenses
75873000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6505000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
18185000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
19715000
us-gaap Operating Income Loss
OperatingIncomeLoss
32889000
us-gaap Operating Income Loss
OperatingIncomeLoss
36116000
CY2020Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
28000
CY2019Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
45000
us-gaap Investment Income Interest
InvestmentIncomeInterest
53000
us-gaap Investment Income Interest
InvestmentIncomeInterest
96000
CY2020Q1 us-gaap Interest Expense
InterestExpense
593000
CY2019Q1 us-gaap Interest Expense
InterestExpense
685000
us-gaap Interest Expense
InterestExpense
1035000
us-gaap Interest Expense
InterestExpense
1395000
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-229000
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
497000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-224000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
873000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17391000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
19572000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31683000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
35690000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3064000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3666000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5162000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
14327000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
15906000
us-gaap Net Income Loss
NetIncomeLoss
26521000
us-gaap Net Income Loss
NetIncomeLoss
29185000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.92
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.10
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.92
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.09
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13712000
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13828000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13713000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13837000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13737000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13857000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13741000
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5198000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
145475000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
145992000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27867000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13869000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
14327000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
15906000
us-gaap Net Income Loss
NetIncomeLoss
26521000
us-gaap Net Income Loss
NetIncomeLoss
29185000
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-98000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
313000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2014000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1318000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14229000
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16219000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28535000
CY2019Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2640000
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2214000
CY2019Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.61
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8406000
CY2019Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4957000
CY2019Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2112000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
12194000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1675000
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.67
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9236000
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4701000
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-98000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
14327000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
147959000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
155489000
CY2018Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2425000
CY2018Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1965000
CY2018Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.54
CY2018Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7522000
CY2018Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6863000
CY2018Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1631000
CY2018Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-324000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
13279000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
151968000
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-8000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1393000
CY2019Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.61
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
2407000
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8489000
us-gaap Share Based Compensation
ShareBasedCompensation
3889000
us-gaap Share Based Compensation
ShareBasedCompensation
3358000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
249000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-460000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2640000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
61000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
313000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
15906000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
155885000
us-gaap Net Income Loss
NetIncomeLoss
26521000
us-gaap Net Income Loss
NetIncomeLoss
29185000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4024000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3825000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
66000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
15000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-79000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
411000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
35000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1313000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6378000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1648000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7189000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1781000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5318000
wdfc Increase Decrease In Operating Lease Assets And Liabilities Net
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilitiesNet
-211000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1969000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5239000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-7345000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-5251000
wdfc Increase Decrease In Other Noncurrent Liabilities And Income Taxes Payable
IncreaseDecreaseInOtherNoncurrentLiabilitiesAndIncomeTaxesPayable
-812000
wdfc Increase Decrease In Other Noncurrent Liabilities And Income Taxes Payable
IncreaseDecreaseInOtherNoncurrentLiabilitiesAndIncomeTaxesPayable
-1294000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23382000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17226000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10695000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5006000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
212000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
124000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10483000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4882000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9658000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12061000
us-gaap Payments Of Dividends
PaymentsOfDividends
17642000
us-gaap Payments Of Dividends
PaymentsOfDividends
16011000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
400000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
400000
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
20524000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7604
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2164
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
334000
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
89111000
CY2019Q3 wdfc Inventory Product Held At Contract Manufacturers Net Of Reserves
InventoryProductHeldAtContractManufacturersNetOfReserves
3175000
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
33248000
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
74494000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2433000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9816000
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
31201000
us-gaap Nature Of Operations
NatureOfOperations
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: bold;margin: 0;padding: 0;">Note 1. The Company</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">WD-40 Company (“the Company”), based in San Diego, California, is a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world. The Company markets its maintenance products and its homecare and cleaning products under the following well-known brands: WD-40®, 3-IN-ONE®, GT85®, X-14®, 2000 Flushes®, Carpet Fresh®, no vac®, Spot Shot®, 1001®, Lava® and Solvol®. Currently included in the WD-40 brand are the WD-40 Multi-Use Product and the WD-40 Specialist® and WD-40 BIKE® product lines</span><span style="white-space:pre-wrap; color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">. </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; color: #000000;font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The Company’s brands are sold in various locations around the world. Maintenance products are sold worldwide in markets throughout North, Central and South America, Asia, Australia, Europe, the Middle East and Africa. Homecare and cleaning products are sold primarily in North America, the United Kingdom (“U.K.”) and Australia. The Company’s products are sold primarily through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets, sports retailers, independent bike dealers, online retailers and industrial distributors and suppliers.</span>
CY2020Q1 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
5208000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-28498000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1116000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3270000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17270000
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27233000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48866000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30503000
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31596000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5724000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--08-31
us-gaap Use Of Estimates
UseOfEstimates
<span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: italic;font-weight: bold;margin: 0;padding: 0;">Use of Estimates</span><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;"> </span></p><p dir="ltr" style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 108%;margin-bottom: .001pt;margin-left: 0;margin-right: 0;margin-top: 0;text-align: justify;"><span style="white-space:pre-wrap; color: #000000;font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. </span><span style="white-space:pre-wrap; font-family: 'Times New Roman', 'serif';font-size: 10pt;font-style: normal;font-weight: normal;margin: 0;padding: 0;">Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year.</span></p>
CY2019Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
4367000
CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
628000
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
257000
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
29418000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57910000
us-gaap Investment Income Interest
InvestmentIncomeInterest
96000
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45076000
CY2019Q3 wdfc Capital Costs
CapitalCosts
9000000.0
us-gaap Interest Expense
InterestExpense
1395000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2019Q3 wdfc Capital Costs
CapitalCosts
10900000
CY2019Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
0
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
0
CY2020Q1 wdfc Inventory Product Held At Contract Manufacturers Net Of Reserves
InventoryProductHeldAtContractManufacturersNetOfReserves
3876000
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10652000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1304000
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
32883000
CY2020Q1 us-gaap Inventory Net
InventoryNet
42960000
CY2019Q3 us-gaap Inventory Net
InventoryNet
40682000
CY2019Q3 us-gaap Goodwill
Goodwill
95347000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
233000
CY2020Q1 us-gaap Goodwill
Goodwill
95580000
CY2019Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
36037000
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
35531000
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
26562000
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
24879000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9475000
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10652000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13713000
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
127000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9475000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
9515000
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1127000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8388000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13837000
us-gaap Net Income Loss
NetIncomeLoss
26521000
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
25000
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
29000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
28000
us-gaap Net Income Loss
NetIncomeLoss
29185000
CY2020Q1 wdfc Net Income Allocated To Participating Securities
NetIncomeAllocatedToParticipatingSecurities
-68000
CY2019Q1 wdfc Net Income Allocated To Participating Securities
NetIncomeAllocatedToParticipatingSecurities
-94000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
500000
us-gaap Operating Lease Expense
OperatingLeaseExpense
1000000.0
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
500000
us-gaap Operating Lease Payments
OperatingLeasePayments
1000000.0
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M18D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.032
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8324000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1661000
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6727000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8388000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1005000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1721000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1319000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1149000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1097000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
3224000
wdfc Net Income Allocated To Participating Securities
NetIncomeAllocatedToParticipatingSecurities
-135000
wdfc Net Income Allocated To Participating Securities
NetIncomeAllocatedToParticipatingSecurities
-181000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14259000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15812000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
32000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13737000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26386000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13857000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13741000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
1988000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
1470000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
827000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
348000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
975000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
932000
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
6540000
CY2020Q1 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
9581000
CY2019Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
10438000
CY2020Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1886000
CY2019Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1744000
CY2020Q1 wdfc Accrual For Sales Excise And Other Taxes Current
AccrualForSalesExciseAndOtherTaxesCurrent
2409000
CY2019Q3 wdfc Accrual For Sales Excise And Other Taxes Current
AccrualForSalesExciseAndOtherTaxesCurrent
1418000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1661000
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5090000
CY2019Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4913000
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
20627000
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18513000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
15906000
CY2020Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1751000
CY2019Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
7259000
CY2020Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
3854000
CY2019Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
3454000
CY2020Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
898000
CY2019Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
2503000
CY2020Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
1253000
CY2019Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
1566000
CY2020Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
483000
CY2019Q3 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
519000
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8239000
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
15301000
wdfc Number Of Debt Agreements
NumberOfDebtAgreements
2
wdfc Number Of Amended Debt Agreements
NumberOfAmendedDebtAgreements
7
CY2020Q1 us-gaap Line Of Credit
LineOfCredit
68500000
CY2020Q1 us-gaap Line Of Credit
LineOfCredit
68500000
CY2020Q1 us-gaap Debt Current
DebtCurrent
41729000
CY2019Q3 us-gaap Debt Current
DebtCurrent
21205000
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
61117000
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
60221000
CY2020Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
102846000
CY2019Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
81426000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
14327000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29004000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
18185000
CY2020Q1 us-gaap Revenues
Revenues
100049000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13712000
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13828000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13869000
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9479
CY2020Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
400000
CY2019Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
300000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
900000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
700000
CY2020Q1 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
0
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.176
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.187
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.163
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.182
us-gaap Revenues
Revenues
198605000
us-gaap Operating Income Loss
OperatingIncomeLoss
32889000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4024000
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2067000
CY2020Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
28000
CY2020Q1 us-gaap Interest Expense
InterestExpense
593000
CY2019Q1 us-gaap Revenues
Revenues
101335000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
19715000
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1900000
CY2019Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
45000
CY2019Q1 us-gaap Interest Expense
InterestExpense
685000
us-gaap Investment Income Interest
InvestmentIncomeInterest
53000
us-gaap Interest Expense
InterestExpense
1035000
us-gaap Revenues
Revenues
202617000
us-gaap Operating Income Loss
OperatingIncomeLoss
36116000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3825000
CY2020Q1 us-gaap Revenues
Revenues
100049000
CY2019Q1 us-gaap Revenues
Revenues
101335000
us-gaap Revenues
Revenues
198605000
us-gaap Revenues
Revenues
202617000
us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2020-03-17
us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2020-04-30
us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2020-04-17
CY2019Q3 wdfc Unrecognized Tax Benefits Reserve Accrued
UnrecognizedTaxBenefitsReserveAccrued
8700000

Files In Submission

Name View Source Status
0000105132-20-000025-index-headers.html Edgar Link pending
0000105132-20-000025-index.html Edgar Link pending
0000105132-20-000025.txt Edgar Link pending
0000105132-20-000025-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
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
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.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
wdfc-20200229.xsd Edgar Link pending
wdfc-20200229x10q.htm Edgar Link pending
wdfc-20200229x10q_htm.xml Edgar Link completed
wdfc-20200229xex10_d.htm Edgar Link pending
wdfc-20200229xex10_dg001.jpg Edgar Link pending
wdfc-20200229xex10_e.htm Edgar Link pending
wdfc-20200229xex31_a.htm Edgar Link pending
wdfc-20200229xex31_b.htm Edgar Link pending
wdfc-20200229xex32_a.htm Edgar Link pending
wdfc-20200229xex32_b.htm Edgar Link pending
wdfc-20200229_cal.xml Edgar Link unprocessable
wdfc-20200229_def.xml Edgar Link unprocessable
wdfc-20200229_lab.xml Edgar Link unprocessable
wdfc-20200229_pre.xml Edgar Link unprocessable