Company profile

Ticker
BGG
Exchange
CEO
Todd J. Teske
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
390182330

BGG stock data

(
)

Calendar

7 May 19
21 Aug 19
3 Jul 20

News

Company financial data Financial data

Quarter (USD) Mar 19 Dec 18 Sep 18 Jul 18
Revenue 580.2M 505.46M 279M -1B
Net income 8.01M -2.6M -40.99M -11.82M
Diluted EPS 0.19 -0.07 -0.98 -0.28
Net profit margin 1.38% -0.52% -14.69% 1.18%
Operating income 17.26M 8.34M -54.13M -17.34M
Net change in cash -10.09M 4.94M -15.91M -20.3M
Cash on hand 23.86M 33.95M 29.01M 44.92M
Cost of revenue 483.21M 413.01M 235.24M 393.02M
Annual (USD) Jul 18 Jul 17 Jul 16 Jun 15
Revenue 376.41M 413.22M 465.12M 494.47M
Net income -11.32M 56.65M 26.56M 45.69M
Diluted EPS -0.28 1.31 0.6 1
Net profit margin -3.01% 13.71% 5.71% 9.24%
Operating income 33.19M 97.35M 46.36M 66.18M
Net change in cash -16.78M -28.13M -28.55M -76.28M
Cash on hand 44.92M 61.71M 89.84M 118.39M
Cost of revenue 1.48B 1.4B 1.44B 1.51B

Financial data from company earnings reports

Financial report summary

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Management Discussion
  • (1) For the third quarter of fiscal 2019, business optimization expenses include $1.4 million ($0.9 million after tax) of non-cash charges related to accelerated depreciation, and $8.4 million ($5.6 million after tax) of cash charges related primarily to activities associated with the upgrade to the Company's ERP system, professional services, employee termination benefits, and plant rearrangement activities. The Company recognized $0.2 million ($0.1 million after tax) related to acquisition integration activities.
  • (2)  For the third quarter of fiscal 2018, business optimization expenses include $0.9 million ($0.6 million after tax) of non-cash charges related primarily to plant & equipment impairment and accelerated depreciation, and $3.3 million ($2.9 million after tax) of cash charges related primarily to employee termination benefits, lease terminations, professional services and plant rearrangement activities. Tax expense also includes a $0.7 million benefit to revalue deferred tax assets and liabilities under the Tax Cuts and Jobs Act of 2017. The Company recognized in interest expense $2.0 million ($1.5 million after tax) for premiums paid to repurchase senior notes after receiving unsolicited offers from bondholders.
  • (3) Adjusted financial results are non-GAAP financial measures. The Company believes this information is meaningful to investors as it isolates the impact that business optimization charges and certain other items have on reported financial results and facilitates comparisons between peer companies. The Company may utilize non-GAAP financial measures as a guide in the forecasting, budgeting, and long-term planning process. While the Company believes that adjusted financial results are useful supplemental information, such adjusted financial results are not intended to replace its GAAP financial results and should be read in conjunction with those GAAP results.
Content analysis ?
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