10-Q Filing

JOHNSON OUTDOORS INC CIK: 788329 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001042167-12-000017`
Period End Date	20111231
Filing Date	20120203
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	jout-20111230.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 103 Income Statement 32 Cash Flow Statement 60

Balance Sheet 103 line items

Line Item	Tag	Value	Unit	Period
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$97.23M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$95.40M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$90.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.10M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$60.79M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$65.56M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$47.21M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	172.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$84.19M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	6,105.00	shares	Point-in-time
Inventories	`InventoryNet`	$79.02M	USD	Point-in-time
Inventories	`InventoryNet`	$68.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.73M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.67M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.65M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.52M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.93M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$185.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$176.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$188.26M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $95,397, $97,229, and $90,442, respectively	`PropertyPlantAndEquipmentNet`	$34.79M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $95,397, $97,229, and $90,442, respectively	`PropertyPlantAndEquipmentNet`	$35.16M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $95,397, $97,229, and $90,442, respectively	`PropertyPlantAndEquipmentNet`	$33.16M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$19.45M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$19.53M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$4.14M	USD	Point-in-time
Goodwill	`Goodwill`	$14.47M	USD	Point-in-time
Goodwill	`Goodwill`	$14.65M	USD	Point-in-time
Goodwill	`Goodwill`	$13.79M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.40M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.16M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.48M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.17M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.29M	USD	Point-in-time
Total assets	`Assets`	$270.73M	USD	Point-in-time
Total assets	`Assets`	$259.36M	USD	Point-in-time
Total assets	`Assets`	$252.08M	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`	$22.11M	USD	Point-in-time
Short-term notes payable and revolving credit lines	`ShortTermBankLoansAndNotesPayable`	$31.04M	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
Current maturities of long-term debt	`LongTermDebtCurrent`	$646.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.34M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$11.04M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$11.07M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$14.29M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$5.26M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$5.16M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$5.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$915.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.64M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$141.00K	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$13.19M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$12.09M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$11.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$65.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$81.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$92.00M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$11.48M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$14.82M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$11.26M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$678.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$218.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$348.00K	USD	Point-in-time
Retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$10.07M	USD	Point-in-time
Retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$9.92M	USD	Point-in-time
Retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$8.36M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.71M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$8.93M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$112.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$125.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$95.83M	USD	Point-in-time
Preferred stock: none issued	`PreferredStockValue`	-	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`	$62.23M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$60.16M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$61.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$79.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$48.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$82.68M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.94M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.06M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.83M	USD	Point-in-time
Treasury stock at cost, 6,105, 0 and 172 shares of Class A common stock, respectively	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock at cost, 6,105, 0 and 172 shares of Class A common stock, respectively	`TreasuryStockValue`	$1.00K	USD	Point-in-time
Treasury stock at cost, 6,105, 0 and 172 shares of Class A common stock, respectively	`TreasuryStockValue`	$98.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$158.30M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$163.53M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$126.51M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$259.36M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$252.08M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$270.73M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$80.18M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$78.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$49.08M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$48.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.68M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.10M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$20.39M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$19.31M	USD	1 Quarter
Administrative management, finance and information systems	`GeneralAndAdministrativeExpense`	$10.84M	USD	1 Quarter
Administrative management, finance and information systems	`GeneralAndAdministrativeExpense`	$9.09M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$32.02M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$34.82M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.72M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.33M	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$21.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$29.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$853.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$596.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$1.19M	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$6.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.15M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.10M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-158.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-916.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.94M	USD	1 Quarter
Participating securities	`IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights`	480,000.00	shares	1 Quarter
Participating securities	`IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights`	357,000.00	shares	1 Quarter
Weighted average common shares - Dilutive	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.81M	shares	1 Quarter
Weighted average common shares - Dilutive	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.61M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.94M	USD	1 Quarter
Depreciation	`Depreciation`	$2.19M	USD	1 Quarter
Depreciation	`Depreciation`	$2.42M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$175.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$176.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$60.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$61.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$223.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$375.00K	USD	1 Quarter
Amortization of deferred loss on interest rate swap	`AmortizationOfDeferredHedgeGains`	$213.00K	USD	1 Quarter
Amortization of deferred loss on interest rate swap	`AmortizationOfDeferredHedgeGains`	$278.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-586.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$90.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$14.02M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$18.87M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$12.33M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$11.38M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.64M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.35M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$384.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$17.00K	USD	1 Quarter
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-488.00K	USD	1 Quarter
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-117.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$373.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$232.00K	USD	1 Quarter
Other operating cash flows, net	`OtherOperatingActivitiesCashFlowStatement`	$287.00K	USD	1 Quarter
Other operating cash flows, net	`OtherOperatingActivitiesCashFlowStatement`	-	USD	1 Quarter
Cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-32.03M	USD	1 Quarter
Cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.12M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$1.62M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$1.97M	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$1.21M	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	-	USD	1 Quarter
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.62M	USD	1 Quarter
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-766.00K	USD	1 Quarter
Net proceeds from short-term debt and revolving credit lines	`ProceedsFromRepaymentsOfShortTermDebt`	$23.48M	USD	1 Quarter
Net proceeds from short-term debt and revolving credit lines	`ProceedsFromRepaymentsOfShortTermDebt`	$22.11M	USD	1 Quarter
Principal payments on senior notes and other long-term debt	`RepaymentsOfLongTermDebt`	$3.07M	USD	1 Quarter
Principal payments on senior notes and other long-term debt	`RepaymentsOfLongTermDebt`	$110.00K	USD	1 Quarter
Deferred financing costs paid to lenders	`PaymentsOfFinancingCosts`	$133.00K	USD	1 Quarter
Deferred financing costs paid to lenders	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Common stock transactions	`ProceedsFromIssuanceOfCommonStock`	$169.00K	USD	1 Quarter
Common stock transactions	`ProceedsFromIssuanceOfCommonStock`	$252.00K	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$98.00K	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.41M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$19.20M	USD	1 Quarter
Effect of foreign currency fluctuations on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.05M	USD	1 Quarter
Effect of foreign currency fluctuations on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.82M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-15.42M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-275.00K	USD	1 Quarter
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$33.32M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$33.04M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$44.51M	USD	Point-in-time
Beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$29.10M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$33.32M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$33.04M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$44.51M	USD	Point-in-time
End of year	`CashAndCashEquivalentsAtCarryingValue`	$29.10M	USD	Point-in-time

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