10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001174947-20-000643 |
| Period End Date | 20200331 |
| Filing Date | 20200506 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | rgr10qq1-2020_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Treasury stock, shares |
TreasuryStockShares
|
6.71M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
6.71M | shares | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$38.49M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$35.39M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$37.98M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$35.42M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$129.49M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$149.57M | USD | Point-in-time |
| Trade receivables, net |
AccountsReceivableNetCurrent
|
$55.84M | USD | Point-in-time |
| Trade receivables, net |
AccountsReceivableNetCurrent
|
$52.64M | USD | Point-in-time |
| Gross inventories (Note 4) |
InventoryGross
|
$79.01M | USD | Point-in-time |
| Gross inventories (Note 4) |
InventoryGross
|
$68.80M | USD | Point-in-time |
| Less LIFO reserve |
InventoryLIFOReserve
|
$47.14M | USD | Point-in-time |
| Less LIFO reserve |
InventoryLIFOReserve
|
$47.48M | USD | Point-in-time |
| Less excess and obsolescence reserve |
InventoryValuationReserves
|
$3.57M | USD | Point-in-time |
| Less excess and obsolescence reserve |
InventoryValuationReserves
|
$3.02M | USD | Point-in-time |
| Net inventories |
InventoryNet
|
$28.30M | USD | Point-in-time |
| Net inventories |
InventoryNet
|
$18.29M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.94M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.47M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$264.62M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$249.32M | USD | Point-in-time |
| Property, plant and equipment |
PropertyPlantAndEquipmentGross
|
$372.48M | USD | Point-in-time |
| Property, plant and equipment |
PropertyPlantAndEquipmentGross
|
$376.12M | USD | Point-in-time |
| Less allowances for depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$298.57M | USD | Point-in-time |
| Less allowances for depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$305.25M | USD | Point-in-time |
| Net property, plant and equipment |
PropertyPlantAndEquipmentNet
|
$70.87M | USD | Point-in-time |
| Net property, plant and equipment |
PropertyPlantAndEquipmentNet
|
$73.91M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomTaxes
|
$5.39M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomTaxes
|
$3.86M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$20.34M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$23.05M | USD | Point-in-time |
| Total Assets |
Assets
|
$362.40M | USD | Point-in-time |
| Total Assets |
Assets
|
$348.96M | USD | Point-in-time |
| Trade accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$29.77M | USD | Point-in-time |
| Trade accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$29.27M | USD | Point-in-time |
| Contract liabilities with customers (Note 3) |
ContractWithCustomerLiabilityCurrent
|
$8.56M | USD | Point-in-time |
| Contract liabilities with customers (Note 3) |
ContractWithCustomerLiabilityCurrent
|
$9.62M | USD | Point-in-time |
| Product liability |
ProductLiabilityCurrent
|
$737.00K | USD | Point-in-time |
| Product liability |
ProductLiabilityCurrent
|
$735.00K | USD | Point-in-time |
| Employee compensation and benefits |
AccruedEmployeeBenefitsCurrent
|
$14.27M | USD | Point-in-time |
| Employee compensation and benefits |
AccruedEmployeeBenefitsCurrent
|
$14.40M | USD | Point-in-time |
| Workers' compensation |
WorkersCompensationLiabilityCurrent
|
$5.84M | USD | Point-in-time |
| Workers' compensation |
WorkersCompensationLiabilityCurrent
|
$5.62M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$1.22M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.68M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$62.49M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$61.24M | USD | Point-in-time |
| Product liability accrual |
ProductLiabilityAccrualNoncurrent
|
$83.00K | USD | Point-in-time |
| Product liability accrual |
ProductLiabilityAccrualNoncurrent
|
$23.00K | USD | Point-in-time |
| Lease liability (Note 5) |
OperatingLeaseLiabilityNoncurrent
|
$2.06M | USD | Point-in-time |
| Lease liability (Note 5) |
OperatingLeaseLiabilityNoncurrent
|
$2.18M | USD | Point-in-time |
| Contingent liabilities (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contingent liabilities (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$38.71M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$38.68M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$368.20M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$380.51M | USD | Point-in-time |
| Less: Treasury stock - at cost 2020 - 6,709,898 shares 2019 - 6,709,898 shares |
TreasuryStockValue
|
$145.59M | USD | Point-in-time |
| Less: Treasury stock - at cost 2020 - 6,709,898 shares 2019 - 6,709,898 shares |
TreasuryStockValue
|
$145.59M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$285.46M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$297.82M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$348.96M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$362.40M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total net sales |
Revenues
|
$114.04M | USD | 1 Quarter |
| Total net sales |
Revenues
|
$123.64M | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$87.63M | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$81.44M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$36.01M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$32.60M | USD | 1 Quarter |
| Selling |
SellingExpense
|
$8.13M | USD | 1 Quarter |
| Selling |
SellingExpense
|
$7.64M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$8.01M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$8.21M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$16.14M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$15.85M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$16.45M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$20.16M | USD | 1 Quarter |
| Interest Income |
InvestmentIncomeInterest
|
$566.00K | USD | 1 Quarter |
| Interest Income |
InvestmentIncomeInterest
|
$679.00K | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNonoperatingNet
|
$-25.00K | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNonoperatingNet
|
$-26.00K | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$295.00K | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$107.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$948.00K | USD | 1 Quarter |
| Total other income, net |
NonoperatingIncomeExpense
|
$648.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$17.40M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$20.81M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$4.37M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$5.47M | USD | 1 Quarter |
| Net income and comprehensive income |
NetIncomeLoss
|
$13.03M | USD | 1 Quarter |
| Net income and comprehensive income |
NetIncomeLoss
|
$15.34M | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.75 | USD | 1 Quarter |
| Basic earnings per share |
EarningsPerShareBasic
|
$0.88 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.87 | USD | 1 Quarter |
| Diluted earnings per share |
EarningsPerShareDiluted
|
$0.74 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareDeclared
|
$0.18 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareDeclared
|
$0.28 | USD | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$13.03M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.34M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$7.21M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$7.49M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.54M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.35M | USD | 1 Quarter |
| Deferred income taxes |
DeferredOtherTaxExpenseBenefit
|
$1.53M | USD | 1 Quarter |
| Deferred income taxes |
DeferredOtherTaxExpenseBenefit
|
$411.00K | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$3.20M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$7.19M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$5.06M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-10.01M | USD | 1 Quarter |
| Trade accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-4.49M | USD | 1 Quarter |
| Trade accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-266.00K | USD | 1 Quarter |
| Contract liability to customers |
ContractLiabilityToCustomers
|
$-3.52M | USD | 1 Quarter |
| Contract liability to customers |
ContractLiabilityToCustomers
|
$-1.06M | USD | 1 Quarter |
| Employee compensation and benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-8.16M | USD | 1 Quarter |
| Employee compensation and benefits |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$127.00K | USD | 1 Quarter |
| Product liability |
IncreaseDecreaseInProductLiability
|
$501.00K | USD | 1 Quarter |
| Product liability |
IncreaseDecreaseInProductLiability
|
$-58.00K | USD | 1 Quarter |
| Prepaid expenses, other assets and other liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$4.87M | USD | 1 Quarter |
| Prepaid expenses, other assets and other liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$2.38M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$7.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.46M | USD | 1 Quarter |
| Cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-10.30M | USD | 1 Quarter |
| Cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$31.07M | USD | 1 Quarter |
| Property, plant and equipment additions |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.09M | USD | 1 Quarter |
| Property, plant and equipment additions |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.71M | USD | 1 Quarter |
| Purchases of short-term investments |
PaymentsToAcquireInvestments
|
$44.96M | USD | 1 Quarter |
| Purchases of short-term investments |
PaymentsToAcquireInvestments
|
$89.53M | USD | 1 Quarter |
| Proceeds from maturities of short-term investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$59.76M | USD | 1 Quarter |
| Proceeds from maturities of short-term investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$69.45M | USD | 1 Quarter |
| Cash (used for) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$12.09M | USD | 1 Quarter |
| Cash (used for) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-24.18M | USD | 1 Quarter |
| Remittance of taxes withheld from employees related to share-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.30M | USD | 1 Quarter |
| Remittance of taxes withheld from employees related to share-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
- | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$3.03M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$4.89M | USD | 1 Quarter |
| Cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.89M | USD | 1 Quarter |
| Cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.33M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-3.10M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$2.56M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.49M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.39M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.98M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.42M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.49M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.39M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.98M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.42M | USD | Point-in-time |
Stockholders Equity
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$285.46M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$297.82M | USD | Point-in-time |
| Net income and comprehensive income |
NetIncomeLoss
|
$13.03M | USD | 1 Quarter |
| Net income and comprehensive income |
NetIncomeLoss
|
$15.34M | USD | 1 Quarter |
| Common stock issued - compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
- | USD | 1 Quarter |
| Vesting of RSUs |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
$1.30M | USD | 1 Quarter |
| Dividends paid |
DividendsCommonStock
|
$3.03M | USD | 1 Quarter |
| Recognition of stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.35M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$285.46M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$297.82M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.