10-Q/A Filing

LINDSAY CORP CIK: 836157 Q1 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001193125-12-037428`
Period End Date	20111130
Filing Date	20120203
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	lnn-20111130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 112 Income Statement 42 Cash Flow Statement 58

Balance Sheet 112 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.17M	USD	Point-in-time
Receivables, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.19M	USD	Point-in-time
Receivables, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.42M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.73M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Receivables, net of allowances of $2,171, $2,187 and $2,340, respectively	`ReceivablesNetCurrent`	$60.00M	USD	Point-in-time
Receivables, net of allowances of $2,171, $2,187 and $2,340, respectively	`ReceivablesNetCurrent`	$76.67M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Receivables, net of allowances of $2,171, $2,187 and $2,340, respectively	`ReceivablesNetCurrent`	$79.01M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$57.65M	USD	Point-in-time
Inventories, net	`InventoryNet`	$53.15M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$49.52M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$8.98M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.74M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$8.60M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.54M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.79M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$12.40M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$207.96M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$263.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$257.69M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	18.40M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$56.98M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$56.79M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	18.37M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	18.24M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$58.47M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$27.49M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$28.08M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.70M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.70M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.70M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$28.64M	USD	Point-in-time
Goodwill	`Goodwill`	$28.12M	USD	Point-in-time
Goodwill	`Goodwill`	$30.39M	USD	Point-in-time
Goodwill	`Goodwill`	$30.94M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$5.41M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$5.40M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$4.81M	USD	Point-in-time
Total assets	`Assets`	$384.08M	USD	Point-in-time
Total assets	`Assets`	$381.14M	USD	Point-in-time
Total assets	`Assets`	$325.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.15M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$33.32M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.29M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.29M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.29M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.92M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$38.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$42.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$82.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$63.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$79.32M	USD	Point-in-time
Pension benefits liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$6.17M	USD	Point-in-time
Pension benefits liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$6.34M	USD	Point-in-time
Pension benefits liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$6.23M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.21M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.29M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$7.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$11.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$12.55M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$10.43M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$8.13M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.99M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$105.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$110.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$90.82M	USD	Point-in-time
Preferred stock, ($1 par value, 2,000 shares authorized, no shares issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, ($1 par value, 2,000 shares authorized, no shares issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, ($1 par value, 2,000 shares authorized, no shares issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, ($1 par value, 25,000 shares authorized,18,397, 18,242 and 18,374 shares issued at November 30, 2011 and 2010 and August 31, 2011, respectively)	`CommonStockValue`	$18.37M	USD	Point-in-time
Common stock, ($1 par value, 25,000 shares authorized,18,397, 18,242 and 18,374 shares issued at November 30, 2011 and 2010 and August 31, 2011, respectively)	`CommonStockValue`	$18.24M	USD	Point-in-time
Common stock, ($1 par value, 25,000 shares authorized,18,397, 18,242 and 18,374 shares issued at November 30, 2011 and 2010 and August 31, 2011, respectively)	`CommonStockValue`	$18.40M	USD	Point-in-time
Capital in excess of stated value	`AdditionalPaidInCapital`	$39.45M	USD	Point-in-time
Capital in excess of stated value	`AdditionalPaidInCapital`	$31.94M	USD	Point-in-time
Capital in excess of stated value	`AdditionalPaidInCapital`	$39.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$273.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$304.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$302.73M	USD	Point-in-time
Less treasury stock (at cost, 5,698 shares)	`TreasuryStockValue`	$90.96M	USD	Point-in-time
Less treasury stock (at cost, 5,698 shares)	`TreasuryStockValue`	$90.96M	USD	Point-in-time
Less treasury stock (at cost, 5,698 shares)	`TreasuryStockValue`	$90.96M	USD	Point-in-time
Accumulated other comprehensive income, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.46M	USD	Point-in-time
Accumulated other comprehensive income, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.43M	USD	Point-in-time
Accumulated other comprehensive income, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.23M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$234.94M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$275.67M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$273.82M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$325.77M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$384.08M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$381.14M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$119.20M	USD	1 Quarter
Operating revenues	`Revenues`	$89.17M	USD	1 Quarter
Cost of operating revenues	`CostOfRevenue`	$88.96M	USD	1 Quarter
Cost of operating revenues	`CostOfRevenue`	$64.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$24.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$30.25M	USD	1 Quarter
Selling expense	`SellingExpense`	$6.94M	USD	1 Quarter
Selling expense	`SellingExpense`	$7.02M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$8.94M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$7.32M	USD	1 Quarter
Engineering and research expense	`ResearchAndDevelopmentExpense`	$2.06M	USD	1 Quarter
Engineering and research expense	`ResearchAndDevelopmentExpense`	$2.56M	USD	1 Quarter
Environmental remediation expense	`EnvironmentalRemediationExpense`	$713.00K	USD	1 Quarter
Environmental remediation expense	`EnvironmentalRemediationExpense`	$7.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$25.16M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$17.61M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.61M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$186.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$143.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$96.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$42.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$111.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-595.00K	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.44M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.58M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$2.29M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.52M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$2.92M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$4.29M	USD	1 Quarter
Basic net earnings per share	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic net earnings per share	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Diluted net earnings per share	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Diluted net earnings per share	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	12.50M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	12.68M	shares	1 Quarter
Diluted effect of stock equivalents	`DilutedEffectOfStockEquivalents`	82,000.00	shares	1 Quarter
Diluted effect of stock equivalents	`DilutedEffectOfStockEquivalents`	142,000.00	shares	1 Quarter
Weighted average shares outstanding assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.64M	shares	1 Quarter
Weighted average shares outstanding assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.76M	shares	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareDeclared`	$0.09	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareDeclared`	$0.09	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$2.92M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$4.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.93M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.12M	USD	1 Quarter
Provision for uncollectible accounts receivable	`ProvisionForDoubtfulAccounts`	$47.00K	USD	1 Quarter
Provision for uncollectible accounts receivable	`ProvisionForDoubtfulAccounts`	$21.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.60M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-78.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$933.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$898.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-114.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$1.01M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-4.43M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsReceivable`	$-162.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.13M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$9.56M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$928.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-483.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.78M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.55M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.40M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-8.35M	USD	1 Quarter
Current taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.55M	USD	1 Quarter
Current taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-812.00K	USD	1 Quarter
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNonCurrentAssetsAndLiabilities`	$-967.00K	USD	1 Quarter
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNonCurrentAssetsAndLiabilities`	$5.20M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.17M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.21M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.63M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.48M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$43.00K	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.28M	USD	1 Quarter
Proceeds (payment) for settlement of net investment hedge	`PaymentsForProceedsFromHedgeInvestingActivities`	$734.00K	USD	1 Quarter
Proceeds (payment) for settlement of net investment hedge	`PaymentsForProceedsFromHedgeInvestingActivities`	$-476.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.45M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.16M	USD	1 Quarter
Issuance of common stock under share-based compensation plans	`ProceedsFromStockPlans`	$-579.00K	USD	1 Quarter
Issuance of common stock under share-based compensation plans	`ProceedsFromStockPlans`	$-187.00K	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.07M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.07M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$135.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$609.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.06M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.14M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.71M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.66M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$111.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-829.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$564.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.88M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$108.17M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$80.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$83.42M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$108.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$108.17M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$83.42M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$108.73M	USD	Point-in-time

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