10-Q Filing

JOHNSON OUTDOORS INC CIK: 788329 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001140361-17-004331`
Period End Date	20161231
Filing Date	20170203
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	jout-20161230.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 32 Cash Flow Statement 60 Comprehensive Income 12

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$119.17M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$125.29M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$123.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.36M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$72.35M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$66.06M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$41.52M	USD	Point-in-time
Inventories	`InventoryNet`	$76.04M	USD	Point-in-time
Inventories	`InventoryNet`	$68.40M	USD	Point-in-time
Inventories	`InventoryNet`	$93.90M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.82M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.75M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$214.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$205.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$201.97M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $125,286, $123,921 and $119,171, respectively	`PropertyPlantAndEquipmentNet`	$48.54M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $125,286, $123,921 and $119,171, respectively	`PropertyPlantAndEquipmentNet`	$45.30M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $125,286, $123,921 and $119,171, respectively	`PropertyPlantAndEquipmentNet`	$49.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$16.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$22.75M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$19.06M	USD	Point-in-time
Goodwill	`Goodwill`	$14.29M	USD	Point-in-time
Goodwill	`Goodwill`	$11.20M	USD	Point-in-time
Goodwill	`Goodwill`	$11.17M	USD	Point-in-time
Goodwill	`Goodwill`	$19.62M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$14.46M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$11.47M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$14.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.59M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$13.99M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.88M	USD	Point-in-time
Total assets	`Assets`	$316.47M	USD	Point-in-time
Total assets	`Assets`	$321.47M	USD	Point-in-time
Total assets	`Assets`	$310.28M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$366.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$381.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.52M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$11.40M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.40M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$12.17M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$4.33M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$4.26M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$4.78M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrual`	$4.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.05M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.69M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.95M	USD	Point-in-time
Accrued discounts and returns	`AccruedLiabilitiesCurrent`	$6.12M	USD	Point-in-time
Accrued discounts and returns	`AccruedLiabilitiesCurrent`	$7.07M	USD	Point-in-time
Accrued discounts and returns	`AccruedLiabilitiesCurrent`	$4.86M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$12.16M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$11.18M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$12.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$67.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$68.31M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$13.00M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$31.23M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$7.01M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.22M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.16M	USD	Point-in-time
Retirement benefits	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$12.53M	USD	Point-in-time
Retirement benefits	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$12.70M	USD	Point-in-time
Retirement benefits	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$9.98M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$14.64M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$14.21M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$13.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$126.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$109.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$102.78M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$71.13M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$71.55M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$69.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$138.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$123.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$135.41M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.35M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.64M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.96M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.30M	USD	Point-in-time
Treasury stock at cost, shares of Class A common stock: 79,071, 64,323 and 37,015, respectively	`TreasuryStockValue`	$2.49M	USD	Point-in-time
Treasury stock at cost, shares of Class A common stock: 79,071, 64,323 and 37,015, respectively	`TreasuryStockValue`	$1.89M	USD	Point-in-time
Treasury stock at cost, shares of Class A common stock: 79,071, 64,323 and 37,015, respectively	`TreasuryStockValue`	$973.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$206.84M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$195.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$207.50M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$310.28M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$321.47M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$316.47M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$93.73M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$85.30M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$52.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$57.16M	USD	1 Quarter
Gross profit	`GrossProfit`	$36.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$33.30M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$20.00M	USD	1 Quarter
Marketing and selling	`SellingAndMarketingExpense`	$20.82M	USD	1 Quarter
Administrative management, finance and information systems	`GeneralAndAdministrativeExpense`	$10.15M	USD	1 Quarter
Administrative management, finance and information systems	`GeneralAndAdministrativeExpense`	$10.56M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.05M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.71M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$34.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$36.09M	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$-900.00K	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$472.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$23.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$8.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$486.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$190.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$563.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-54.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-45.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-519.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$15.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-4.10M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-534.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.06M	USD	1 Quarter
Participating securities	`IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights`	187,000.00	shares	1 Quarter
Participating securities	`IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights`	29,000.00	shares	1 Quarter
Weighted average common shares - Dilutive	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.98M	shares	1 Quarter
Weighted average common shares - Dilutive	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.87M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-534.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.06M	USD	1 Quarter
Depreciation	`Depreciation`	$2.62M	USD	1 Quarter
Depreciation	`Depreciation`	$2.82M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$302.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$215.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$217.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$31.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$501.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$504.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-651.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.20M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$31.36M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$21.50M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$14.20M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$8.63M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$598.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.80M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$140.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$452.00K	USD	1 Quarter
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-22.00K	USD	1 Quarter
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-17.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-157.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$3.00K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$277.00K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-54.00K	USD	1 Quarter
Cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-34.33M	USD	1 Quarter
Cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-33.56M	USD	1 Quarter
Payments for purchase of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.25M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.55M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.67M	USD	1 Quarter
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.67M	USD	1 Quarter
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-7.80M	USD	1 Quarter
Net borrowings from revolving credit lines	`ProceedsFromRepaymentsOfShortTermDebt`	$12.73M	USD	1 Quarter
Net borrowings from revolving credit lines	`ProceedsFromRepaymentsOfShortTermDebt`	$23.91M	USD	1 Quarter
Principal payments on term loans and other long-term debt	`RepaymentsOfLongTermDebt`	$7.10M	USD	1 Quarter
Principal payments on term loans and other long-term debt	`RepaymentsOfLongTermDebt`	$60.00K	USD	1 Quarter
Common stock transactions	`CommonStockTransactionsNetOfTax`	$97.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$790.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$890.00K	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$476.00K	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$664.00K	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$22.68M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.08M	USD	1 Quarter
Effect of foreign currency rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.52M	USD	1 Quarter
Effect of foreign currency rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.13M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-35.43M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.80M	USD	1 Quarter
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$51.86M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$87.29M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$69.16M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.36M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$51.86M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$87.29M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$69.16M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$49.36M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$1.63M	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	$644.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$135.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$290.00K	USD	1 Quarter

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Change in pension plans, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$59.00K	USD	1 Quarter
Change in pension plans, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$54.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-534.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.06M	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.75M	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.78M	USD	1 Quarter
Change in pension plans, net of tax of $54 and $59, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-96.00K	USD	1 Quarter
Change in pension plans, net of tax of $54 and $59, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-88.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.68M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.66M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.21M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$397.00K	USD	1 Quarter

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