10-K Filing

JOHNSON OUTDOORS INC CIK: 788329 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001042167-11-000226`
Period End Date	20110930
Filing Date	20111216
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	jout-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 32 Cash Flow Statement 64 Stockholders Equity 2

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$3.08M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.32M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,076 and $2,988, respectively	`AccountsReceivableNetCurrent`	$47.21M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,076 and $2,988, respectively	`AccountsReceivableNetCurrent`	$46.93M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	172.00	shares	Point-in-time
Inventories	`InventoryNet`	$68.46M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$72.09M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.84M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.73M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.95M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$176.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$160.13M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$33.77M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$35.16M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$3.32M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$19.53M	USD	Point-in-time
Goodwill	`Goodwill`	$14.65M	USD	Point-in-time
Goodwill	`Goodwill`	$13.73M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.72M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.09M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.17M	USD	Point-in-time
Total assets	`Assets`	$226.76M	USD	Point-in-time
Total assets	`Assets`	$259.36M	USD	Point-in-time
Short-term notes payable and revolving credit lines	`ShortTermBankLoansAndNotesPayable`	-	USD	Point-in-time
Short-term notes payable and revolving credit lines	`ShortTermBankLoansAndNotesPayable`	$7.54M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.33M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.10M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$14.29M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$14.48M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$5.16M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$4.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.64M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.06M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$13.91M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$12.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$65.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$67.02M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$14.94M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$11.48M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$601.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$348.00K	USD	Point-in-time
Retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$8.52M	USD	Point-in-time
Retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$10.07M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.31M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$8.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$95.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$100.39M	USD	Point-in-time
Preferred stock: none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: none issued	`PreferredStockValue`	-	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$61.52M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$59.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$82.68M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$50.04M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.83M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.07M	USD	Point-in-time
Treasury stock at cost, 0 and 172 shares of Class A common stock, respectively	`TreasuryStockValue`	$1.00K	USD	Point-in-time
Treasury stock at cost, 0 and 172 shares of Class A common stock, respectively	`TreasuryStockValue`	-	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$126.37M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$163.53M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$226.76M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$259.36M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$382.43M	USD	Annual
Net sales	`SalesRevenueNet`	$407.42M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$244.29M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$228.91M	USD	Annual
Gross profit	`GrossProfit`	$153.52M	USD	Annual
Gross profit	`GrossProfit`	$163.13M	USD	Annual
Marketing and selling	`SellingAndMarketingExpense`	$90.34M	USD	Annual
Marketing and selling	`SellingAndMarketingExpense`	$86.68M	USD	Annual
Administrative management, finance and information systems	`GeneralAndAdministrativeExpense`	$38.84M	USD	Annual
Administrative management, finance and information systems	`GeneralAndAdministrativeExpense`	$40.31M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$14.82M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$13.45M	USD	Annual
Total operating expenses	`OperatingExpenses`	$145.47M	USD	Annual
Total operating expenses	`OperatingExpenses`	$138.97M	USD	Annual
Operating profit	`OperatingIncomeLoss`	$17.67M	USD	Annual
Operating profit	`OperatingIncomeLoss`	$14.55M	USD	Annual
Interest income	`InvestmentIncomeNet`	$90.00K	USD	Annual
Interest income	`InvestmentIncomeNet`	$62.00K	USD	Annual
Interest expense	`InterestExpense`	$3.22M	USD	Annual
Interest expense	`InterestExpense`	$5.06M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.29M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-367.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.25M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.19M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$2.65M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-20.39M	USD	Annual
Net income	`NetIncomeLoss`	$32.64M	USD	Annual
Net income	`NetIncomeLoss`	$6.54M	USD	Annual
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	26,000.00	shares	Annual
Dilutive stock options	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	42,000.00	shares	Annual
Weighted average common shares - Dilutive	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.27M	shares	Annual
Weighted average common shares - Dilutive	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.29M	shares	Annual

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$32.64M	USD	Annual
Net income	`NetIncomeLoss`	$6.54M	USD	Annual
Depreciation	`Depreciation`	$8.88M	USD	Annual
Depreciation	`Depreciation`	$9.84M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$681.00K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$729.00K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$421.00K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$305.00K	USD	Annual
Impairment losses	`AssetImpairmentCharges`	$114.00K	USD	Annual
Impairment losses	`AssetImpairmentCharges`	$334.00K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$956.00K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$1.44M	USD	Annual
Amortization of deferred loss on interest rate swap	`AmortizationOfDeferredHedgeGains`	$2.04M	USD	Annual
Amortization of deferred loss on interest rate swap	`AmortizationOfDeferredHedgeGains`	$990.00K	USD	Annual
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$995.00K	USD	Annual
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$448.00K	USD	Annual
Provision for inventory reserves	`InventoryWriteDown`	$1.40M	USD	Annual
Provision for inventory reserves	`InventoryWriteDown`	$3.32M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$415.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.86M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$581.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-588.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$12.56M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.10M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.11M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.99M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$708.00K	USD	Annual
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$242.00K	USD	Annual
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-913.00K	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.28M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$358.00K	USD	Annual
Other operating cash flows, net	`OtherOperatingActivitiesCashFlowStatement`	$181.00K	USD	Annual
Other operating cash flows, net	`OtherOperatingActivitiesCashFlowStatement`	$157.00K	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.75M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$30.98M	USD	Annual
Payments for purchase of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Payments for purchase of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.97M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$9.37M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$9.97M	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$695.00K	USD	Annual
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$13.00K	USD	Annual
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.27M	USD	Annual
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.32M	USD	Annual
Net repayments on short-term debt and revolving credit lines	`ProceedsFromRepaymentsOfShortTermDebt`	$-7.29M	USD	Annual
Net repayments on short-term debt and revolving credit lines	`ProceedsFromRepaymentsOfShortTermDebt`	$-7.55M	USD	Annual
Principal payments on senior notes and other long-term debt	`RepaymentsOfLongTermDebt`	$1.29M	USD	Annual
Principal payments on senior notes and other long-term debt	`RepaymentsOfLongTermDebt`	$594.00K	USD	Annual
Deferred financing costs paid to lenders	`PaymentsOfFinancingCosts`	$173.00K	USD	Annual
Deferred financing costs paid to lenders	`PaymentsOfFinancingCosts`	$133.00K	USD	Annual
Common stock transactions	`ProceedsFromIssuanceOfCommonStock`	$484.00K	USD	Annual
Common stock transactions	`ProceedsFromIssuanceOfCommonStock`	$323.00K	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.57M	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.65M	USD	Annual
Effect of foreign currency fluctuations on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.19M	USD	Annual
Effect of foreign currency fluctuations on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.51M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.20M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.42M	USD	Annual
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$27.89M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$44.51M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$33.32M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$27.89M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$44.51M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$33.32M	USD	Point-in-time

Stockholders Equity 2 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$32.64M	USD	Annual
Net income	`NetIncomeLoss`	$6.54M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.