2014 Q4 Form 10-Q Financial Statement

#000010768714000067 Filed on December 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2013 Q4
Revenue $224.4M $222.7M
YoY Change 0.78% 15.02%
Cost Of Revenue $200.0M $196.7M
YoY Change 1.68% 13.84%
Gross Profit $24.39M $25.96M
YoY Change -6.07% 25.42%
Gross Profit Margin 10.87% 11.66%
Selling, General & Admin $9.944M $9.956M
YoY Change -0.12% -7.81%
% of Gross Profit 40.78% 38.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.061M $984.0K
YoY Change 7.83% -10.55%
% of Gross Profit 4.35% 3.79%
Operating Expenses $9.944M $9.956M
YoY Change -0.12% -7.81%
Operating Profit $14.44M $16.01M
YoY Change -9.77% 61.68%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $7.000K $91.00K
YoY Change -92.31% -84.83%
Pretax Income $14.45M $16.10M
YoY Change -10.24% 51.86%
Income Tax $4.554M $4.951M
% Of Pretax Income 31.52% 30.76%
Net Earnings $9.895M $11.15M
YoY Change -11.22% 50.62%
Net Earnings / Revenue 4.41% 5.01%
Basic Earnings Per Share $0.37 $0.40
Diluted Earnings Per Share $0.37 $0.40
COMMON SHARES
Basic Shares Outstanding 26.97M shares 27.85M shares
Diluted Shares Outstanding 27.08M shares 27.97M shares

Balance Sheet

Concept 2014 Q4 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.80M $49.70M
YoY Change -44.06% 12.19%
Cash & Equivalents $27.80M $49.74M
Short-Term Investments
Other Short-Term Assets $26.20M $16.60M
YoY Change 57.83% 1.84%
Inventory $150.8M $122.5M
Prepaid Expenses
Receivables $62.80M $42.94M
Other Receivables $0.00 $200.0K
Total Short-Term Assets $267.6M $231.8M
YoY Change 15.46% 19.96%
LONG-TERM ASSETS
Property, Plant & Equipment $26.30M $21.06M
YoY Change 24.88% 4.62%
Goodwill $1.228M $1.228M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $25.30M $25.30M
YoY Change 0.0% -23.56%
Other Assets $10.02M $10.52M
YoY Change -4.74% -18.53%
Total Long-Term Assets $86.94M $83.11M
YoY Change 4.6% -15.66%
TOTAL ASSETS
Total Short-Term Assets $267.6M $231.8M
Total Long-Term Assets $86.94M $83.11M
Total Assets $354.6M $314.9M
YoY Change 12.59% 7.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.30M $27.32M
YoY Change 47.53% -4.28%
Accrued Expenses $5.379M $4.465M
YoY Change 20.47% 6.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $94.29M $67.01M
YoY Change 40.72% 0.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $64.50M $67.30M
YoY Change -4.16% -15.35%
Total Long-Term Liabilities $64.54M $67.32M
YoY Change -4.12% -15.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.29M $67.01M
Total Long-Term Liabilities $64.54M $67.32M
Total Liabilities $158.8M $134.3M
YoY Change 18.25% -8.14%
SHAREHOLDERS EQUITY
Retained Earnings $561.9M $520.6M
YoY Change 7.94% 7.36%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $421.2M $397.3M
YoY Change 6.0% 1.87%
Treasury Stock Shares 24.87M shares 23.95M shares
Shareholders Equity $195.7M $180.6M
YoY Change
Total Liabilities & Shareholders Equity $354.6M $314.9M
YoY Change 12.59% 7.93%

Cashflow Statement

Concept 2014 Q4 2013 Q4
OPERATING ACTIVITIES
Net Income $9.895M $11.15M
YoY Change -11.22% 50.62%
Depreciation, Depletion And Amortization $1.061M $984.0K
YoY Change 7.83% -10.55%
Cash From Operating Activities -$19.62M -$11.90M
YoY Change 64.96% 15.49%
INVESTING ACTIVITIES
Capital Expenditures $2.310M $1.693M
YoY Change 36.44% -230.23%
Acquisitions
YoY Change
Other Investing Activities -$293.0K -$153.0K
YoY Change 91.5% -151.0%
Cash From Investing Activities -$2.000M $811.0K
YoY Change -346.61% -181.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.950M $5.561M
YoY Change 7.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$8.379M -$3.456M
YoY Change 142.45% -52.66%
NET CHANGE
Cash From Operating Activities -$19.62M -$11.90M
Cash From Investing Activities -$2.000M $811.0K
Cash From Financing Activities -$8.379M -$3.456M
Net Change In Cash -$30.00M -$14.54M
YoY Change 106.33% -21.83%
FREE CASH FLOW
Cash From Operating Activities -$19.62M -$11.90M
Capital Expenditures $2.310M $1.693M
Free Cash Flow -$21.93M -$13.59M
YoY Change 61.41% 50.98%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">Fiscal Period </font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">We follow a 52-/53-week fiscal year, ending the last Saturday in August. Both Fiscal 2015 and Fiscal 2014 are 52-week years. </font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div></div>
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482000 USD
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OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
492000 USD
CY2013Q4 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
151000 USD
CY2014Q4 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
0 USD
CY2013Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-485000 USD
CY2014Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-601000 USD
CY2013Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-485000 USD
CY2014Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-601000 USD
CY2013Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
800000 USD
CY2014Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
800000 USD
CY2013Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
151000 USD
CY2014Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2014Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2013Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
91000 USD
CY2013Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
91000 USD
CY2014Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7000 USD
CY2014Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
62811000 USD
CY2014Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
61637000 USD
CY2013Q4 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-153000 USD
CY2014Q4 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-293000 USD
CY2014Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5950000 USD
CY2013Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5561000 USD
CY2013Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2014Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2442000 USD
CY2014Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2310000 USD
CY2013Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1693000 USD
CY2014Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
5296000 USD
CY2014Q3 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
4575000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
66933000 USD
CY2014Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
67386000 USD
CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5718000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6520000 USD
CY2014Q4 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
13000 USD
CY2013Q4 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
25000 USD
CY2014Q4 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2013Q4 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
2350000 USD
CY2014Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2013Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2080000 USD
CY2014Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9090000 USD
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8345000 USD
CY2014Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9501000 USD
CY2013Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8443000 USD
CY2014Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
9501000 USD
CY2014Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
9090000 USD
CY2013Q4 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2868000 USD
CY2014Q4 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2988000 USD
CY2014Q4 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2577000 USD
CY2013Q4 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2770000 USD
CY2014Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
151566000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
152751000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26295000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25135000 USD
CY2014Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
9951000 USD
CY2014Q3 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
15978000 USD
CY2014Q2 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
343
CY2013Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2014Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-4000 USD
CY2013Q4 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
636000 USD
CY2014Q4 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
601000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
554496000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
561949000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
222670000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
224403000 USD
CY2013Q4 us-gaap Share Based Compensation
ShareBasedCompensation
952000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
195731000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
192748000 USD
CY2014Q4 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">A summary of repurchase activity is as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td width="72%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">(Dollars in thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">November&#160;29, <br clear="none"/>2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">November&#160;30, <br clear="none"/>2013</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Inventory repurchased:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">54</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">14</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Dollars</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">7,266</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">325</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Inventory resold:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Units</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Cash collected</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">20</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">257</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Loss recognized</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">12</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">68</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Units in ending inventory</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">53</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2014Q3 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
4941000 USD
CY2014Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
5108000 USD
CY2014Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4707000 USD
CY2013Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4333000 USD
CY2014Q4 us-gaap Share Based Compensation
ShareBasedCompensation
901000 USD
CY2014Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
24727000 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
24865000 shares
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
417500000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
421181000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2900000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1200000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2000000 USD
CY2014Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
109000 shares
CY2013Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
120000 shares
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27078000 shares
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27971000 shares
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26969000 shares
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27851000 shares
CY2014Q4 wgo Accrued Loss On Repurchases
AccruedLossOnRepurchases
1121000 USD
CY2014Q3 wgo Accrued Loss On Repurchases
AccruedLossOnRepurchases
2212000 USD
CY2013Q4 wgo Accumulated Other Comprehensive Income Decrease Increase In Actuarial Loss
AccumulatedOtherComprehensiveIncomeDecreaseIncreaseInActuarialLoss
164000 USD
CY2014Q4 wgo Accumulated Other Comprehensive Income Decrease Increase In Actuarial Loss
AccumulatedOtherComprehensiveIncomeDecreaseIncreaseInActuarialLoss
199000 USD
CY2013Q4 wgo Cash Collected For Resold Repurchased Units
CashCollectedForResoldRepurchasedUnits
257000 USD
CY2014Q4 wgo Cash Collected For Resold Repurchased Units
CashCollectedForResoldRepurchasedUnits
20000 USD
CY2014Q4 wgo Defined Benefit Plan Age Requirement Before Distribution Occurs
DefinedBenefitPlanAgeRequirementBeforeDistributionOccurs
P55Y
CY2014Q1 wgo Defined Benefit Plan Amendment Amortization Period
DefinedBenefitPlanAmendmentAmortizationPeriod
P7Y4M0D
CY2012Q1 wgo Defined Benefit Plan Amendment Amortization Period
DefinedBenefitPlanAmendmentAmortizationPeriod
P7Y9M20D
CY2013Q1 wgo Defined Benefit Plan Amendment Amortization Period
DefinedBenefitPlanAmendmentAmortizationPeriod
P7Y6M0D
CY2014Q1 wgo Defined Benefit Plan Dollar Cap Liability Reduction
DefinedBenefitPlanDollarCapLiabilityReduction
0.10
CY2013Q1 wgo Defined Benefit Plan Dollar Cap Liability Reduction
DefinedBenefitPlanDollarCapLiabilityReduction
0.10
CY2012Q1 wgo Defined Benefit Plan Dollar Cap Liability Reduction
DefinedBenefitPlanDollarCapLiabilityReduction
0.10
CY2014Q4 wgo Defined Benefit Plan Service Requirement
DefinedBenefitPlanServiceRequirement
P15Y
CY2014Q3 wgo Executive Deferred Compensation
ExecutiveDeferredCompensation
213000 USD
CY2014Q4 wgo Executive Deferred Compensation
ExecutiveDeferredCompensation
289000 USD
CY2014Q3 wgo Executive Share Option Plan Liability
ExecutiveShareOptionPlanLiability
5628000 USD
CY2014Q4 wgo Executive Share Option Plan Liability
ExecutiveShareOptionPlanLiability
5517000 USD
CY2014Q4 wgo Hypothetical Change Of Repurchase Assumptions Percent
HypotheticalChangeOfRepurchaseAssumptionsPercent
0.10
CY2014Q4 wgo Hypothetical Change On Repurchase Assumptions
HypotheticalChangeOnRepurchaseAssumptions
271000 USD
CY2014Q3 wgo Income Taxes Receivable And Prepaid
IncomeTaxesReceivableAndPrepaid
5000 USD
CY2014Q4 wgo Income Taxes Receivable And Prepaid
IncomeTaxesReceivableAndPrepaid
5000 USD
CY2013Q4 wgo Increase Decrease In Deferred Compensation And Postretirement Obligation Expenses
IncreaseDecreaseInDeferredCompensationAndPostretirementObligationExpenses
-139000 USD
CY2014Q4 wgo Increase Decrease In Deferred Compensation And Postretirement Obligation Expenses
IncreaseDecreaseInDeferredCompensationAndPostretirementObligationExpenses
-154000 USD
CY2013Q4 wgo Increase Decrease In Receivables And Prepaid Assets
IncreaseDecreaseInReceivablesAndPrepaidAssets
13928000 USD
CY2014Q4 wgo Increase Decrease In Receivables And Prepaid Assets
IncreaseDecreaseInReceivablesAndPrepaidAssets
-6841000 USD
CY2014Q4 wgo Increase Decreasein Investmentin Operating Leases Netof Repurchase Obligations
IncreaseDecreaseinInvestmentinOperatingLeasesNetofRepurchaseObligations
-154000 USD
CY2013Q4 wgo Increase Decreasein Investmentin Operating Leases Netof Repurchase Obligations
IncreaseDecreaseinInvestmentinOperatingLeasesNetofRepurchaseObligations
0 USD
CY2012Q4 wgo Line Of Credit Facility Minimum Excess Borrowing Availability With No Financial Covenant Restrictions
LineOfCreditFacilityMinimumExcessBorrowingAvailabilityWithNoFinancialCovenantRestrictions
5000000 USD
CY2014Q2 wgo Lineof Credit Facility Maximum Amountof Repurchased Company Stockor Dividends Within Twelve Months With No Financial Covenant Restrictions
LineofCreditFacilityMaximumAmountofRepurchasedCompanyStockorDividendsWithinTwelveMonthsWithNoFinancialCovenantRestrictions
15000000 USD
CY2014Q4 wgo Loss Contingency Repurchase Agreement Term
LossContingencyRepurchaseAgreementTerm
P18M
CY2014Q4 wgo Loss Recognized On Resold Repurchased Units
LossRecognizedOnResoldRepurchasedUnits
12000 USD
CY2013Q4 wgo Loss Recognized On Resold Repurchased Units
LossRecognizedOnResoldRepurchasedUnits
68000 USD
CY2014Q4 wgo Non Qualified Deferred Compensation
NonQualifiedDeferredCompensation
20672000 USD
CY2014Q3 wgo Non Qualified Deferred Compensation
NonQualifiedDeferredCompensation
21014000 USD
CY2013Q4 wgo Number Of Repurchased Units Resold
NumberOfRepurchasedUnitsResold
14
CY2014Q4 wgo Number Of Repurchased Units Resold
NumberOfRepurchasedUnitsResold
1
CY2013Q4 wgo Number Of Units Repurchased
NumberOfUnitsRepurchased
14
CY2014Q4 wgo Number Of Units Repurchased
NumberOfUnitsRepurchased
54
CY2014Q4 wgo Numberofrentalunitsreleasedfromoperatingleaserepurchaseobligation
Numberofrentalunitsreleasedfromoperatingleaserepurchaseobligation
124
CY2014Q3 wgo Operating Lease Repurchase Obligations
OperatingLeaseRepurchaseObligations
16050000 USD
CY2014Q4 wgo Operating Lease Repurchase Obligations
OperatingLeaseRepurchaseObligations
10177000 USD
CY2014Q4 wgo Postretirement Health Care Benefit Cost
PostretirementHealthCareBenefitCost
37142000 USD
CY2014Q3 wgo Postretirement Health Care Benefit Cost
PostretirementHealthCareBenefitCost
36930000 USD
CY2014Q4 wgo Proceeds From Sale Of Property
ProceedsFromSaleOfProperty
17000 USD
CY2013Q4 wgo Proceeds From Sale Of Property
ProceedsFromSaleOfProperty
1000 USD
CY2014Q2 wgo Rentalunitssoldto Apollo
RentalunitssoldtoApollo
520
CY2013Q4 wgo Repurchased Units In Inventory
RepurchasedUnitsInInventory
0
CY2014Q4 wgo Repurchased Units In Inventory
RepurchasedUnitsInInventory
53
CY2014Q4 wgo Serp Benefit Liability
SerpBenefitLiability
2999000 USD
CY2014Q3 wgo Serp Benefit Liability
SerpBenefitLiability
2974000 USD
CY2013Q4 wgo Value Of Units Repurchased
ValueOfUnitsRepurchased
325000 USD
CY2014Q4 wgo Value Of Units Repurchased
ValueOfUnitsRepurchased
7266000 USD
CY2014Q4 dei Amendment Flag
AmendmentFlag
false
CY2014Q4 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--08-30
CY2014Q4 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q4 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2014Q4 dei Document Period End Date
DocumentPeriodEndDate
2014-11-29
CY2014Q4 dei Document Type
DocumentType
10-Q
CY2014Q4 dei Entity Central Index Key
EntityCentralIndexKey
0000107687
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
26920456 shares
CY2014Q4 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q4 dei Entity Registrant Name
EntityRegistrantName
WINNEBAGO INDUSTRIES INC

Files In Submission

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0000107687-14-000067-index-headers.html Edgar Link pending
0000107687-14-000067-index.html Edgar Link pending
0000107687-14-000067.txt Edgar Link pending
0000107687-14-000067-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
wgo-20141129.xml Edgar Link completed
wgo-20141129.xsd Edgar Link pending
wgo-20141129_cal.xml Edgar Link unprocessable
wgo-20141129_def.xml Edgar Link unprocessable
wgo-20141129_lab.xml Edgar Link unprocessable
wgo-20141129_pre.xml Edgar Link unprocessable
wgo2015q110q.htm Edgar Link pending
wgo2015q110qexh.pdf Edgar Link pending
wgo2015q1exh311.htm Edgar Link pending
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