Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ¨ No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.


	(Unaudited) December 27, 2009		June 28, 2009		(Unaudited) March 28, 2010		June 28, 2009
CURRENT ASSETS:
Cash and Cash Equivalents	$	22,909	$	15,992	$	27,867	$	15,992
Accounts Receivable, Net		218,915		262,934		438,146		262,934
Inventories -
Finished Products and Parts		460,184		359,429		325,556		359,429
Work in Process		130,914		109,774		125,848		109,774
Raw Materials		4,966		8,136		5,501		8,136

Total Inventories		596,064		477,339		456,905		477,339

Deferred Income Tax Asset		57,285		51,658		54,859		51,658
Assets Held For Sale						4,000		4,000
Prepaid Expenses and Other Current Assets		27,223		48,597		26,246		48,597

Total Current Assets		922,396		856,520		1,008,023		860,520


OTHER ASSETS:
Goodwill		254,844		253,854		255,016		253,854
Investments		16,673		18,667		18,307		18,667
Other Intangible Assets, Net		91,343		92,190		90,934		92,190
Long-Term Deferred Income Tax Asset		23,964		23,165		17,096		23,165
Other Long-Term Assets, Net		11,951		10,452		12,509		10,452

Total Other Assets		398,775		398,328		393,862		398,328


PLANT AND EQUIPMENT:
Cost		981,162		995,682		974,286		991,682
Less - Accumulated Depreciation		632,399		631,507		637,831		631,507

Total Plant and Equipment, Net		348,763		364,175		336,455		360,175


TOTAL ASSETS	$	1,669,934	$	1,619,023	$	1,738,340	$	1,619,023


	(Unaudited) December 27, 2009			June 28, 2009			(Unaudited) March 28, 2010			June 28, 2009
CURRENT LIABILITIES:
Accounts Payable	$	135,580		$	128,151		$	164,163		$	128,151
Short-Term Debt		106,415			3,000			3,000			3,000
Current Maturity on Long-Term Debt								206,098			—
Accrued Liabilities		163,881			167,938			177,777			167,938

Total Current Liabilities		405,876			299,089			551,038			299,089


OTHER LIABILITIES:
Deferred Income Tax Liability		3,280			—
Accrued Pension Cost		133,137			138,811			130,289			138,811
Accrued Employee Benefits		19,512			19,429			19,627			19,429
Accrued Postretirement Health Care Obligation		150,238			155,443			147,936			155,443
Other Long-Term Liabilities		28,686			30,463			29,901			30,463
Long-Term Debt		230,924			281,104			139,355			281,104

Total Other Liabilities		565,777			625,250			467,108			625,250


SHAREHOLDERS’ INVESTMENT:
Common Stock -
Authorized 120,000 shares, $.01 par value, issued 57,854 shares		579			579			579			579
Additional Paid-in Capital		79,455			77,522
Additional Paid-In Capital								80,246			77,522
Retained Earnings		1,059,632			1,075,838			1,078,205			1,075,838
Accumulated Other Comprehensive Loss		(237,355	)		(250,273	)		(234,826	)		(250,273	)
Treasury Stock at cost, 7,852 and 8,042 shares, respectively		(204,030	)		(208,982	)		(204,010	)		(208,982	)

Total Shareholders’ Investment		698,281			694,684			720,194			694,684


TOTAL LIABILITIES AND SHAREHOLDERS’ INVESTMENT	$	1,669,934		$	1,619,023		$	1,738,340		$	1,619,023


	Three Months Ended						Six Months Ended						Three Months Ended						Nine Months Ended
	December 27, 2009			December 28, 2008			December 27, 2009			December 28, 2008			March 28, 2010			March 29, 2009			March 28, 2010			March 29, 2009
NET SALES	$	393,049		$	477,481		$	717,656		$	935,632		$	694,575		$	673,794		$	1,412,231		$	1,609,426

COST OF GOODS SOLD		322,399			401,584			594,616			795,016			554,093			561,724			1,148,709			1,356,740


Gross profit on sales		70,650			75,897			123,040			140,616			140,482			112,070			263,522			252,686

ENGINEERING, SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		60,339			63,302			121,132			128,153			71,394			68,118			192,526			196,271

LITIGATION SETTLEMENT														30,600			—			30,600			—


Income from operations		10,311			12,595			1,908			12,463			38,488			43,952			40,396			56,415

INTEREST EXPENSE		(7,179	)		(8,714	)		(13,655	)		(16,611	)		(7,323	)		(7,709	)		(20,979	)		(24,320	)

OTHER INCOME, net		1,137			687			2,427			1,886			1,860			806			4,287			2,692

Income (Loss) before income taxes		4,269			4,568			(9,320	)		(2,262	)
PROVISION (CREDIT) FOR INCOME TAXES		1,244			1,376			(3,658	)		(3,498	)

NET INCOME (LOSS)	$	3,025		$	3,192		$	(5,662	)	$	1,236
Income before income taxes														33,025			37,049			23,704			34,787

EARNINGS (LOSS) PER SHARE DATA
PROVISION FOR INCOME TAXES														8,952			11,638			5,293			8,140


NET INCOME													$	24,073		$	25,411		$	18,411		$	26,647


EARNINGS PER SHARE DATA

Average Shares Outstanding		49,595			49,571			49,594			49,567			49,597			49,571			49,595			49,568

Basic Earnings (Loss) Per Share	$	0.06		$	0.06		$	(0.12	)	$	0.02

Basic Earnings Per Share													$	0.48		$	0.51		$	0.37		$	0.53


Diluted Average Shares Outstanding		50,040			49,707			49,594			49,664			50,060			49,728			49,987			49,699

Diluted Earnings (Loss) Per Share	$	0.06		$	0.06		$	(0.12	)	$	0.02

Diluted Earnings Per Share													$	0.48		$	0.51		$	0.36		$	0.53


CASH DIVIDENDS PER SHARE	$	0.11		$	0.22		$	0.22		$	0.44		$	0.11		$	0.22		$	0.33		$	0.66


	Six Months Ended						Nine Months Ended
	December 27, 2009			December 28, 2008			March 28, 2010			March 29, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)	$	(5,662	)	$	1,236
Adjustments to reconcile net income (loss) to net cash used by operating activities:
Net Income							$	18,411		$	26,647
Adjustments to reconcile net income to net cash used by operating activities:
Depreciation and Amortization		32,265			34,580			48,629			51,417
Stock Compensation Expense		5,359			2,560			6,155			3,136
Loss on Disposition of Plant and Equipment		1,013			641			1,656			2,807
(Provision) Credit for Deferred Income Taxes		(6,216	)		4			(4,195	)		2,051
Earnings of Unconsolidated Affiliates		(1,460	)		(810	)		(2,466	)		(1,095	)
Dividends Received from Unconsolidated Affiliates		4,005			4,812			4,005			4,812
Change in Operating Assets and Liabilities:
Decrease (Increase) in Accounts Receivable		44,779			(8,344	)
Increase in Inventories		(118,127	)		(68,125	)
Decrease (Increase) in Other Current Assets		10,271			(355	)
Decrease in Accounts Payable and Accrued Liabilities		10,296			4,958
Changes in Accrued Pension		(2,386	)		(4,214	)
Increase in Accounts Receivable								(175,159	)		(166,324	)
Decrease in Inventories								20,474			27,257
Decrease in Other Current Assets								12,363			360
Increase in Accounts Payable and Accrued Liabilities								60,241			4,664
Changes in Accrued / Prepaid Pension								(3,610	)		(6,423	)
Other, Net		584			(5,684	)		(3,014	)		(6,881	)

Net Cash Used by Operating Activities		(25,279	)		(38,741	)		(16,510	)		(57,572	)


CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to Plant and Equipment		(15,592	)		(21,140	)		(24,816	)		(30,963	)
Cash Paid for Acquisition, Net of Cash Acquired		—			(24,757	)		—			(24,757	)
Proceeds Received on Sale of Plant and Equipment		172			2,211			209			2,538
Other, Net		(144	)		—			(144	)		—

Net Cash Used by Investing Activities		(15,564	)		(43,686	)		(24,751	)		(53,182	)


CASH FLOWS FROM FINANCING ACTIVITIES:
Net Borrowings on Loans, Notes Payable and Long-term Debt		52,932			81,650			63,872			119,661
Dividends Paid		(5,500	)		(10,906	)		(11,001	)		(21,811	)

Net Cash Provided by Financing Activities		47,432			70,744			52,871			97,850


EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		328			(1,749	)		265			(3,091	)

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		6,917			(13,432	)		11,875			(15,995	)
CASH AND CASH EQUIVALENTS, Beginning		15,992			32,468			15,992			32,468

CASH AND CASH EQUIVALENTS, Ending	$	22,909		$	19,036		$	27,867		$	16,473

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest Paid	$	13,672		$	16,142		$	25,651		$	29,806

Income Taxes Paid	$	2,317		$	2,103		$	2,671		$	3,732

The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission and therefore do not include all information and footnotes necessary for a fair presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States. The year-end condensed balance sheet data was derived from audited financial statements, but also does not include all disclosures required by accounting principles generally accepted in the United States. However, in the opinion of Briggs & Stratton Corporation (the Company), adequate disclosures have been presented to prevent the information from being misleading, and all adjustments necessary to present fair statements of the results of operations and financial position have been included. All of these adjustments are of a normal recurring nature. These consolidated condensed financial statements should be read in conjunction with the financial statements and the notes thereto which were included in our latest Annual Report on Form 10-K.

In June 2008, new guidance was issued requiring unvested share-based payment awards that contain non-forfeitable rights to dividends (whether paid or unpaid) to be treated as participating securities and included in the computation of basic earnings per share. The Company adopted this guidance June 29, 2009. The guidance requires all prior-period earnings per share data to be adjusted retrospectively. The adoption had no impact on the Company’s earnings per share for the ~~second~~third fiscal ~~quarters~~quarter ended ~~December 27,~~March 29, 2009 ~~and December 28, 2008~~ or for the ~~six~~nine months ended ~~December~~March 28, ~~2008.~~2010. It had a $0.01 impact on the earnings per share for the ~~six~~third fiscal quarter ended March 28, 2010 and for the nine months ended ~~December 27,~~March 29, 2009. The calculation of earnings per share for common stock below excludes the income attributable to the unvested share units from the numerator and excludes the dilutive impact of those units from the denominator.

Shares outstanding used to compute diluted earnings per share for the ~~quarter~~three and nine months ended ~~December 27, 2009~~March 28, 2010 excluded outstanding options to purchase approximately ~~4,600,000~~4,526,000 and 4,396,000 shares of common stock, respectively, because the options’ exercise price was greater than the average market price of the common shares. Shares outstanding used to compute diluted earnings per share for the ~~six~~three and nine months ended ~~December 27,~~March 29, 2009 excluded approximately 346,000 shares for restricted and deferred stock and outstanding options to purchase approximately 4,400,000 shares of common stock as their inclusion would have been anti-dilutive.

~~Shares outstanding used to compute diluted earnings per share for the three and six months ended December 28, 2008~~ excluded outstanding options to purchase approximately 4,329,000 and ~~4,130,000~~4,199,000 shares of common stock, respectively, because the options’ exercise price was greater than the average market price of the common shares.

Comprehensive income ~~(loss)~~ is a more inclusive financial reporting method that includes disclosure of certain financial information that historically has not been recognized in the calculation of net income. Comprehensive income ~~(loss)~~ is defined as net income and other changes in shareholders’ investment from transactions and events other than with shareholders. Total comprehensive income ~~(loss)~~ is as follows (in thousands):


	Three Months Ended						Six Months Ended						Three Months Ended						Nine Months Ended
	December 27, 2009			December 28, 2008			December 27, 2009			December 28, 2008			March 28, 2010			March 29, 2009			March 28, 2010		March 29, 2009
Net Income (Loss)	$	3,025		$	3,192		$	(5,662	)	$	1,236
Net Income													$	24,073		$	25,411		$	18,411	$	26,647

Cumulative Translation Adjustments		(1,184	)		(8,472	)		4,975			(18,864	)		(3,735	)		(1,148	)		1,241		(20,012	)

Unrealized Gain (Loss) on Derivative Instruments		3,430			(1,848	)		3,015			(7,165	)		3,801			(1,358	)		6,817		(8,523	)

Unrecognized Pension & Postretirement Obligation		2,464			2,236			4,928			4,470			2,463			2,235			7,389		6,705

Total Comprehensive Income (Loss)	$	7,735		$	(4,892	)	$	7,256		$	(20,323	)

Total Comprehensive Income													$	26,602		$	25,140		$	33,858	$	4,817

The components of Accumulated Other Comprehensive Loss are as follows (in thousands):


	December 27, 2009			June 28, 2009			March 28, 2010			June 28, 2009
Cumulative Translation Adjustments	$	13,937		$	8,961		$	10,202		$	8,961
Unrealized Loss on Derivative Instruments		(111	)		(3,127	)

Unrealized Gain (Loss) on Derivative Instruments								3,690			(3,127	)

Unrecognized Pension & Postretirement Obligation		(251,181	)		(256,107	)		(248,718	)		(256,107	)


Accumulated Other Comprehensive Loss	$	(237,355	)	$	(250,273	)	$	(234,826	)	$	(250,273	)

Derivatives are recorded on the balance sheet as assets or liabilities, measured at fair value. The Company enters into derivative contracts designated as cash flow hedges to manage certain foreign currency and commodity exposures.

Changes in the fair value of cash flow hedges to manage its foreign currency exposure are recorded on the Consolidated Condensed Statements of Income or as a component of Accumulated Other Comprehensive Loss. The amounts included in Accumulated Other Comprehensive Loss are reclassified into income when the forecasted transactions occur. These forecasted transactions represent the exporting of products for which the Company will receive foreign currency and the importing of products for which it will be required to pay in a foreign currency. Changes in the fair value of all derivatives deemed to be ineffective would be recorded as either income or expense in the accompanying Consolidated Condensed Statements of Income. These instruments generally do not have a maturity of more than twenty-four months.

The Company manages its exposure to fluctuation in the cost of natural gas used by its operating facilities through participation in a third party managed dollar cost averaging program linked to NYMEX futures. As a participant in the program, the Company hedges up to 100% of its anticipated monthly natural gas usage along with a pool of other companies. The Company does not hold any actual futures contracts, and actual delivery of natural gas is not required of the participants in the program. Cash settlements occur on a monthly basis based on the difference between the average dollar price of the underlying NYMEX futures held

by the third party and the actual price of natural gas paid by the Company in the period. The fair value of the underlying NYMEX futures is reflected as an asset or liability on the accompanying Consolidated Condensed Balance Sheets. Changes in fair value are reflected as a Component of Accumulated Other Comprehensive Loss, which are reclassified into the income statement as the monthly cash settlements occur and actual natural gas is consumed. These instruments generally do not have a maturity of more than twenty-four months.

The Company manages its exposure to fluctuations in the cost of copper to be used in manufacturing by entering into forward purchase contracts designated as cash flow hedges. The Company hedges up to 100% of its anticipated copper usage and the fair value of outstanding future contracts is reflected as an asset or liability on the accompanying Consolidated Condensed Balance Sheet based on NYMEX prices. Changes in fair value are reflected as a Component of Accumulated Other Comprehensive Loss if the forward purchase contracts are deemed to be effective. Changes in the fair value of all derivatives deemed to be ineffective would be recorded as either income or expense in the accompanying Consolidated Condensed Statements of Income. Unrealized gains or losses associated with the forward purchase contracts are captured in inventory costs and are realized in the income statement when sales of inventory are made. These instruments generally do not have a maturity of more than twenty-four months.

The Company has considered the counterparty credit risk related to all its foreign currency and commodity derivative contracts and does not deem any counterparty credit risk material at this time.

As of ~~December 27, 2009,~~March 28, 2010, the Company had the following outstanding derivative contracts (in thousands):

As of ~~December 27, 2009~~ and for the ~~six~~nine months ended ~~December 27, 2009,~~March 28, 2010, the Company’s derivative contracts had the following impact on the Consolidated Condensed Balance Sheet and the Consolidated Condensed Statement of Income (in thousands):


	Asset Derivatives			Liability Derivatives			Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign currency contracts	Other Current Assets	$	1,121	Accrued Liabilities	$	3,316	Other Current Assets	$	8,536	Accrued Liabilities	$	788
Commodity contracts	Other Current Assets		271	Accrued Liabilities		1,233	Other Current Assets		144	Accrued Liabilities		2,111
Foreign currency contracts	Other Long-Term Assets, Net		1,692	Other Long-Term Liabilities		—	Other Long-Term Assets, Net		2,978	Other Long-Term Liabilities		—
Commodity contracts	Other Long-Term Assets, Net		—	Other Long-Term Liabilities		469	Other Long-Term Assets, Net		—	Other Long-Term Liabilities		1,125

		$	3,084		$	5,018		$	11,658		$	4,024

Of the net ~~$0.1~~$3.7 million ~~loss~~gain detailed above that is currently recognized in Accumulated Other Comprehensive Loss, a ~~$0.9~~$2.6 million ~~loss~~gain is expected to be reclassified into the earnings within the next twelve months.

The Company operates two reportable business segments that are managed separately based on fundamental differences in their operations. Included within the Engine Segment income from operations for the three and nine months ended March 28, 2010 is a charge of $30.6 million related to a litigation settlement, as further discussed within the Commitments and Contingencies footnote. Summarized segment data is as follows (in thousands):


	Three Months Ended						Six Months Ended						Three Months Ended						Nine Months Ended
	December 27, 2009			December 28, 2008			December 27, 2009			December 28, 2008			March 28, 2010			March 29, 2009			March 28, 2010			March 29, 2009
NET SALES:
Engines	$	274,332		$	339,287		$	484,735		$	597,908		$	498,897		$	480,216		$	983,632		$	1,078,124
Power Products		156,576			192,012			320,182			447,543			245,342			250,176			565,524			697,719
Inter-Segment Eliminations		(37,859	)		(53,818	)		(87,261	)		(109,819	)		(49,664	)		(56,598	)		(136,925	)		(166,417	)

Total *	$	393,049		$	477,481		$	717,656		$	935,632		$	694,575		$	673,794		$	1,412,231		$	1,609,426


* International sales included in net sales based on product shipment destination	$	147,374		$	164,930		$	232,812		$	276,797		$	177,507		$	145,174		$	410,319		$	421,971

GROSS PROFIT ON SALES:
Engines	$	59,909		$	65,697		$	96,309		$	106,124		$	122,597		$	94,556		$	218,906		$	200,680
Power Products		14,014			10,953			36,044			32,484			16,161			17,294			52,205			49,778
Inter-Segment Eliminations		(3,273	)		(753	)		(9,313	)		2,008			1,724			220			(7,589	)		2,228

Total	$	70,650		$	75,897		$	123,040		$	140,616		$	140,482		$	112,070		$	263,522		$	252,686


INCOME (LOSS) FROM OPERATIONS:
Engines	$	18,043		$	21,970		$	12,129		$	16,459		$	43,841		$	46,600		$	55,970		$	63,059
Power Products		(4,459	)		(8,622	)		(908	)		(6,004	)		(7,077	)		(2,868	)		(7,985	)		(8,872	)
Inter-Segment Eliminations		(3,273	)		(753	)		(9,313	)		2,008			1,724			220			(7,589	)		2,228

Total	$	10,311		$	12,595		$	1,908		$	12,463		$	38,488		$	43,952		$	40,396		$	56,415

The Company recognizes the cost associated with its standard warranty on Engines and Power Products at the time of sale. The amount recognized is based on historical failure rates and current claim cost experience. The following is a reconciliation of the changes in accrued warranty costs for the reporting period (in thousands):


	Six Months Ended						Nine Months Ended
	December 27, 2009			December 28, 2008			March 28, 2010			March 29, 2009
Beginning Balance	$	42,044		$	49,548		$	42,044		$	49,548
Payments		(16,724	)		(17,652	)		(24,702	)		(26,309	)
Provision for Current Year Warranties		14,513			15,683			22,963			24,190
Adjustment to Prior Years’ Warranties		(1,523	)		(834	)		(2,715	)		(830	)

Ending Balance	$	38,310		$	46,745		$	37,590		$	46,599

On July 1, 2009 the Company announced a plan to close its Jefferson and Watertown, Wisconsin manufacturing facilities in fiscal 2010. At March 28, 2010, the Company had $4.0 million included in Assets Held for Sale in its Condensed Consolidated Balance Sheets consisting of certain assets related to the Jefferson, WI production facility. Prior to the closure, the facility manufactured all portable generator and pressure washer products marketed and sold by the Company within its Power Products Segment.

Stock based compensation is calculated by estimating the fair value of incentive stock awards granted and amortizing the estimated value over the awards’ vesting periods. Some awards’ vesting periods are subject to acceleration based on the participants’ retirement eligibility. Stock based compensation expense was ~~$1.2~~$0.8 million and ~~$5.4~~$6.2 million for the ~~quarter~~three and ~~six~~nine months ended ~~December 27, 2009,~~March 28, 2010, respectively. For the ~~quarter~~three and ~~six~~nine months ended ~~December 28, 2008,~~March 29, 2009, stock based compensation expense was ~~$0.6~~$0.5 million and ~~$2.6~~$3.1 million, respectively.

The Company has noncontributory, defined benefit retirement plans and postretirement plans covering certain employees. The following tables summarize the plans’ income and expense for the periods indicated (in thousands):


	Pension Benefits						Other Postretirement Benefits
	Six Months Ended						Six Months Ended
	December 27,			December 28,			December 27,			December 28,			Pension Benefits						Other Postretirement Benefits
	2009			2008			2009			2008			Three Months Ended						Three Months Ended
													March 28, 2010			March 29, 2009			March 28, 2010			March 29, 2009
Components of Net Periodic (Income) Expense:
Service Cost-Benefits Earned	$	5,636		$	5,739		$	314		$	637
Service Cost													$	2,815		$	2,870		$	157		$	(96	)
Interest Cost on Projected Benefit Obligation		30,372			30,573			5,632			6,201			15,186			15,287			2,816			3,164
Expected Return on Plan Assets		(40,510	)		(41,665	)		—			—			(20,255	)		(20,833	)		—			—
Amortization of:
Transition Obligation		4			4			—			—			2			2			—			—
Prior Service Cost (Credit)		1,534			1,674			(460	)		(438	)		767			837			(230	)		(219	)
Actuarial Loss		1,586			279			5,103			5,206			793			139			2,551			2,174

Net Periodic (Income) Expense	$	(1,378	)	$	(3,396	)	$	10,589		$	11,606		$	(692	)	$	(1,698	)	$	5,294		$	5,023


													Pension Benefits						Other Postretirement Benefits
													Nine Months Ended						Nine Months Ended
													March 28, 2010			March 29, 2009			March 28, 2010			March 29, 2009
Components of Net Periodic (Income) Expense:
Service Cost													$	8,452		$	8,609		$	471		$	541
Interest Cost on Projected Benefit Obligation														45,558			45,860			8,448			9,365
Expected Return on Plan Assets														(60,766	)		(62,498	)		—			—
Amortization of:
Transition Obligation														6			6			—			—
Prior Service Cost (Credit)														2,301			2,511			(690	)		(657	)
Actuarial Loss														2,378			418			7,654			7,380

Net Periodic (Income) Expense													$	(2,071	)	$	(5,094	)	$	15,883		$	16,629

The Company expects to make benefit payments of approximately $2.0 million attributable to its non-qualified pension plans during fiscal 2010. During the first ~~six~~nine months of fiscal 2010, the Company made payments of approximately ~~$1.0~~$1.5 million for its non-qualified pension plans. The Company anticipates making benefit payments of approximately ~~$23.4~~$23.2 million for its other postretirement benefit plans during fiscal 2010. During the first ~~six~~nine months of fiscal 2010, the Company made payments of ~~$11.7~~$17.4 million for its other postretirement benefit plans.

The Company is not required to, nor has or intends to, make any contributions to the qualified pension plan during fiscal 2010, but may be required to make contributions in future years depending upon the actual return on plan assets and the funded status of the plan in future periods.

As of June 28, 2009, the Company had $24.1 million of gross unrecognized tax benefits. Of this amount, $15.8 million represented the portion that, if recognized, would impact the effective tax rate. The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense. For the ~~six~~nine months ended ~~December 27, 2009,~~March 28, 2010, the Company recorded a reduction ofin the tax reserve

of ~~$0.4~~$0.6 million. The decrease relates primarily to the resolution of aforeign, state and federal ~~audit plus a small impact for interest rate adjustments year to date.~~audits. Over the next twelve months, it is reasonably possible that wethe Company will settle global tax examinations, which could decrease the amount of unrecognized tax benefits. Due to the various jurisdictions in which the Company files tax returns and the uncertainty regarding the timing of the settlements, the amount of the change of unrecognized tax benefits cannot be reasonably ~~estimated.~~

The Company files income tax returns in the U.S. ~~federal,~~and various state and foreign jurisdictions. In the U.S., the Company is no longer subject to U.S. federal income tax examinations before 2006 and is currently under audit by the IRS for fiscal years 2006 through 2008. With respect to the Company’s major foreign jurisdictions, it is no longer subject to tax examinations before 1999.

In ~~August 2009,~~February 2010, the Financial Accounting Standards Board (“FASB”) issued an update that removes the requirement for a SEC filer to disclose a date through which subsequent events have been evaluated. This change removes potential conflicts with SEC requirements. The adoption did not have an impact on the Company’s consolidated financial statements.

In August 2009, the FASB issued a clarification on fair value measurements. This clarification provides that in circumstances in which a quoted price in an active market for the identical liability is not available, a reporting entity is required to measure fair value using one or more of the techniques provided for in this update. This clarification was effective in the first reporting period following issuance, and did not have ~~a material~~an impact on the Company’s financial statements.

In June 2009, the FASB issued new guidance for the hierarchy of accounting standards, which establishes theAccounting Standards Codification TM(Codification) as the source of authoritative U.S. GAAP recognized by the FASB to be applied by nongovernmental entities. Under the Codification, all of its content will carry the same level of authority. This statement is effective for the Company beginning with the first quarter of our current fiscal year. The adoption of this statement did not have ~~a material~~an impact on the Company’s financial position or results of operations.

In June 2009, the FASB issued new guidance that changes the approach to determining the primary beneficiary of a variable interest entity (VIE) and requires companies to more frequently assess whether they must consolidate VIEs. This new standard is effective for fiscal years beginning after November 15, 2009. The Company is currently assessing the potential impacts, if any, on the consolidated financial statements.

In April 2009, the FASB issued an update that requires disclosure about the fair value of financial instruments whenever summarized financial information for interim periods is issued, and requires disclosure of the fair value of all financial instruments (where practicable) in the body or accompanying notes of interim and annual financial statements. This update was effective for the Company’s first quarter of fiscal 2010, with no material impact on the financial statements.

In December 2008, the FASB issued additional guidance on an employer’s disclosures regarding plan assets of a defined benefit pension or other postretirement plan. The objectives of the disclosures required under this guidance are to provide users of financial statements with an understanding of how investment allocation decisions are made; the major categories of plan assets; the inputs and valuation techniques used to measure the fair value of plan assets; the effect of fair value measurements using significant unobservable inputs on changes in plan assets for the period; and significant concentrations of risk within plan assets. These disclosures around plan assets are required for fiscal years ending after December 15, 2009. The adoption of this statement is not expected to have a material impact on the company’s financial position or results of operations.

In February 2008, the FASB issued guidance which delayed the effective date of fair value guidance for nonfinancial assets and nonfinancial liabilities that are recognized or disclosed in the financial statements on a nonrecurring basis to fiscal years beginning after November 15, 2008. The Company adopted the guidance related to its nonfinancial assets and nonfinancial liabilities as of September 27, 2009. There was no material financial impact as a result of the adoption.

In December 2007, the FASB issued new guidance regarding business combinations and acquisitions. The new guidance states that all business combinations (whether full, partial or step acquisitions) will result in all assets and liabilities of an acquired business being recorded at their fair values. Certain forms of contingent consideration and certain acquired contingencies will be recorded at fair value at the acquisition date. This guidance also states acquisition costs will generally be expensed as incurred and restructuring costs will be expensed in periods after the acquisition date. This statement is effective for the Company beginning with the current fiscal year. The impact of the adoption of this guidance will depend on the nature and significance of business combinations the Company enters into subsequent to adoption.

The following guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels:

Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-driven valuations whose inputs are observable or whose significant value drivers are observable.

The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis as of ~~December 27, 2009~~March 28, 2010 (in thousands):


			Fair Value Measurement Using								Fair Value Measurement Using
	December 27, 2009		Level 1		Level 2		Level 3		March 28, 2010		Level 1		Level 2		Level 3
Assets:
Derivatives	$	3,084	$	2,813	$	271	$	—	$	11,658	$	11,514	$	144	$	—
Liabilities:
Derivatives	$	5,018	$	3,316	$	1,702	$	—	$	4,024	$	788	$	3,236	$	—

Briggs & Stratton is subject to various unresolved legal actions that arise in the normal course of its business. These actions typically relate to product liability (including asbestos-related liability), patent and trademark matters, and disputes with customers, suppliers, distributors and dealers, competitors and employees.

Starting with the first complaint in June 2004, various plaintiff groups ~~have~~ filed complaints in state and federal courts across the country against the Company and other engine and lawnmower manufacturers alleging ~~among other things,~~ that the horsepower labels on the products they purchased were inaccurate and that the Company conspired with other engine and lawnmower manufacturers to conceal the true horsepower of these engines. In May 2008, a putative nationwide class of plaintiffs pursuing these claims was dismissed without prejudice by Judge Murphy of the United States District Court for the Southern District of Illinois. Since that time plaintiffs ~~have~~ filed 66 separate class actions in 49 states across the country seeking to certify 52 separate classes of all persons in each of the 50 states, Puerto Rico and the District of Columbia who purchased a lawnmower containing a gasoline combustion engine up to 30 horsepower from 1994 to the ~~present.~~present (“Horsepower Class Actions”). In these ~~various actions,~~Horsepower Class Actions, plaintiffs seek injunctive relief, compensatory and punitive damages, and attorneys’ fees. Plaintiffs ~~have~~ also filed state and federal antitrust and RICO claims and seek a nationwide class based on these claims. ~~However, in May 2008 Judge Murphy dismissed similar RICO claims with prejudice.~~

On September 25, 2008, the Company, along with ~~several~~all other defendants, filed a motion with the Judicial Panel on Multidistrict Litigation seeking to transfer all pending ~~actions, and any subsequently filed similar~~ actions to a single federal court for coordinated pretrial proceedings. On December 5, 2008, the Multidistrict Litigation Panel granted the motion and transferred the cases to Judge Adelman of the United States District Court for the Eastern District of Wisconsin (In Re: Lawnmower Engine Horsepower Marketing and Sales Practices Litigation, Case No. 2:08-md-01999). On January 27, 2009, Judge Adelman ~~held an initial hearing in the action. At that hearing, the court appointed lead plaintiffs’ class counsel, liaison counsel for defendants, and~~ entered a stay of all litigation ~~in all cases for 120 days~~ so that the parties ~~may~~could conduct mediation in an effort to resolve all outstanding litigation. ~~Since~~

On February 24, 2010, the Company entered into a Stipulation of Settlement (“Settlement”) that, if given final court approval, will resolve all of the Horsepower Class Actions. Other parties to the Settlement are Sears, Roebuck and Co., Sears Holdings Corporation, Kmart Holdings Corporation, Deere & Company, Tecumseh Products Company, The Toro Company, Electrolux Home Products, Inc. and Husqvarna Outdoor Products, Inc. (now known as Husqvarna Consumer Outdoor Products, N.A., Inc.) (collectively with the Company referred to below as the “Settling Defendants”). All other defendants settled all claims separately. As part of the Settlement, the Company denies any and all liability and seeks resolution to avoid further protracted and expensive litigation. If finally approved, the Settlement resolves all horsepower-labeling claims brought by “all persons or entities in the United States who, beginning January 1, 1994 through the date notice of the Settlement is first given, purchased, for use and not for resale, a lawn mower containing a gas combustible engine up to 30 horsepower provided that either the lawn mower or the engine of the lawn mower was manufactured or sold by a Defendant.”

As part of the Settlement, the Settling Defendants as a group agreed to pay an aggregate amount of $51.0 million. In addition, the Company, along with the other Settling Defendants, agreed to injunctive relief regarding their future horsepower labeling, as well as procedures that will allow purchasers of lawnmower engines to seek a one-year extended warranty free of charge.

On February 26, 2010, Judge Adelman preliminarily approved the Settlement, certified a settlement class, appointed settlement class counsel, and stayed all proceedings against all the Settling Defendants. On March 11, 2010, Judge Adelman entered an order approving a notice plan for the Settlement, and set a final approval hearing for June 22, 2010 to determine the fairness of the Settlement, and whether final judgment should be entered thereon.

As a result of the pending Settlement, the Company recorded a total charge of $30.6 million, or $18.7 million after-tax, in the third quarter of fiscal 2010 representing the total of the Company’s monetary portion of the Settlement and the estimated costs of extending the warranty period for one year. The amount has been included as a Litigation Settlement expense reducing income from operations on the Consolidated Condensed Statements of Income.

On March 19, 2010, new plaintiffs filed a complaint in the Ontario Superior Court ~~has extended~~of Justice in Canada (Robert Foster et al. v. Sears Canada, Inc. et al., Docket No. 766-2010) containing allegations and seeking relief under Canadian law that are similar to the ~~stay on two occasions to allow those mediation efforts to continue. The current stay extends through February 22, 2010.~~U.S. Horsepower Class Actions. The Company is evaluating the complaint and has not yet tofiled an answer or ~~otherwise plead~~other responsive pleading. The Company intends to vigorously defend itself in ~~response~~the litigation. Litigation is inherently uncertain and always difficult to ~~any~~predict. However, given the small size of the ~~complaints filed~~Canadian market and revisions to ~~date.~~

~~Although~~the Company’s power labeling practices in recent years, it is not ~~possible to predict with certainty~~likely the ~~outcome of these unresolved legal actions or the range of possible loss, the Company believes the unresolved legal actions will not~~litigation would have a material adverse effect on its results of operations, financial position, ~~operations~~ or cash ~~flow.~~flows.

On July 12, 2007, the Company entered into a $500 million amended and restated multicurrency credit agreement. The Amended Credit Agreement (“Revolver”) provides a revolving credit facility for up to $500 million in revolving loans, including up to $25 million in swing-line loans. The Revolver has a term of five years and all outstanding borrowings on the Revolver are due and payable on July 12, 2012. The Revolver contains covenants that the Company considers usual and customary for an agreement of this type, including a Maximum Total Leverage Ratio and Minimum Interest Coverage Ratio. Certain of the Company’s subsidiaries are required to be guarantors of the Company’s obligations under the Revolver.

In May 2001, the Company issued $275 million of 8.875% senior notes. Under the terms of the Company’s 8.875% senior notes and the Revolver (collectively, the “Domestic Indebtedness”), Briggs & Stratton Power Products Group, LLC is the joint and several guarantor of the Domestic Indebtedness (the “Guarantor”). The guarantees are full and unconditional guarantees. Additionally, if at any time a domestic subsidiary of the Company constitutes a significant domestic subsidiary, then such domestic subsidiary will also become a guarantor of the Domestic Indebtedness. Currently, all of the Domestic Indebtedness is unsecured. If the Company were to fail to make a payment of interest or principal on its due date, the Guarantor is obligated to pay the outstanding Domestic Indebtedness. The Company had the following outstanding amounts related to the guaranteed debt (in thousands):


	December 27, 2009 Carrying Amount		Maximum Guarantee
					March 28, 2010 Carrying Amount		Maximum Guarantee
8.875% Senior Notes, due March 15, 2011	$	230,924	$	231,517	$	206,098	$	206,517

Revolving Credit Facility, expiring July 12, 2012	$	103,415	$	500,000	$	139,355	$	500,000

The following condensed supplemental consolidating financial information reflects the summarized financial information of the Company, its Guarantor and Non-Guarantor Subsidiaries (in thousands):


	Briggs & Stratton Corporation		Guarantor Subsidiary		Non- Guarantor Subsidiaries		Eliminations			Consolidated		Briggs & Stratton Corporation		Guarantor Subsidiary		Non- Guarantor Subsidiaries		Eliminations			Consolidated
Current Assets	$	475,317	$	388,399	$	260,728	$	(202,048	)	$	922,396	$	534,628	$	418,955	$	237,284	$	(182,844	)	$	1,008,023
Investment in Subsidiaries		702,318		—		—		(702,318	)		—		694,479		—		—		(694,479	)		—
Non-Current Assets		447,076		297,539		52,018		(49,095	)		747,538		434,847		292,160		50,389		(47,079	)		730,317

	$	1,624,711	$	685,938	$	312,746	$	(953,461	)	$	1,669,934
												$	1,663,954	$	711,115	$	287,673	$	(924,402	)	$	1,738,340

Current Liabilities	$	434,486	$	64,067	$	109,371	$	(202,048	)	$	405,876	$	552,572	$	96,283	$	85,028	$	(182,845	)	$	551,038
Long-term Debt		230,924		—		—		—			230,924		139,355		—		—		—			139,355
Other Long-term Obligations		261,020		73,185		49,743		(49,095	)		334,853		251,833		74,878		48,121		(47,079	)		327,753
Shareholders’ Investment		698,281		548,686		153,632		(702,318	)		698,281		720,194		539,954		154,524		(694,478	)		720,194

	$	1,624,711	$	685,938	$	312,746	$	(953,461	)	$	1,669,934	$	1,663,954	$	711,115	$	287,673	$	(924,402	)	$	1,738,340


	Briggs & Stratton Corporation		Guarantor Subsidiary		Non- Guarantor Subsidiaries		Eliminations			Consolidated		Briggs & Stratton Corporation		Guarantor Subsidiary		Non- Guarantor Subsidiaries		Eliminations			Consolidated
Current Assets	$	447,878	$	378,806	$	243,983	$	(214,147	)	$	856,520	$	451,878	$	378,806	$	243,983	$	(214,147	)	$	860,520
Investment in Subsidiaries		693,119		—		—		(693,119	)		—		693,119		—		—		(693,119	)		—
Non-current Assets		454,694		301,229		50,964		(44,384	)		762,503		450,694		301,229		50,964		(44,384	)		758,503

	$	1,595,691	$	680,035	$	294,947	$	(951,650	)	$	1,619,023
												$	1,595,691	$	680,035	$	294,947	$	(951,650	)	$	1,619,023

Current Liabilities	$	348,483	$	47,020	$	117,733	$	(214,147	)	$	299,089	$	348,483	$	47,020	$	117,733	$	(214,147	)	$	299,089
Long-term Debt		281,104		—		—		—			281,104		281,104		—		—		—			281,104
Other Long-term Obligations		271,421		72,198		44,912		(44,384	)		344,147		271,421		72,198		44,912		(44,384	)		344,147
Shareholders’ Investment		694,683		560,817		132,302		(693,119	)		694,683		694,683		560,817		132,302		(693,119	)		694,683

	$	1,595,691	$	680,035	$	294,947	$	(951,650	)	$	1,619,023	$	1,595,691	$	680,035	$	294,947	$	(951,650	)	$	1,619,023


	Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated			Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	254,624		$	133,612		$	69,297		$	(64,484	)	$	393,049		$	457,641		$	225,366		$	82,092		$	(70,524	)	$	694,575
Cost of Goods Sold		200,865			127,832			53,439			(59,737	)		322,399			347,015			212,773			64,829			(70,524	)		554,093

Gross Profit		53,759			5,780			15,858			(4,747	)		70,650			110,626			12,593			17,263			—			140,482
Engineering, Selling, General and Administrative Expenses		34,458			16,264			9,617			—			60,339			42,877			21,460			7,057			—			71,394
Equity in Loss from Subsidiaries		1,760			—			—			(1,760	)		—
Litigation Settlement																	30,600			—			—			—			30,600
Equity in Earnings from Subsidiaries																	(3,715	)		—			—			3,715			—

Income (Loss) from Operations		17,541			(10,484	)		6,241			(2,987	)		10,311			40,864			(8,867	)		10,206			(3,715	)		38,488
Interest Expense		(7,115	)		(24	)		(40	)		—			(7,179	)		(7,279	)		(23	)		(21	)		—			(7,323	)
Other Income, Net		1,003			29			105			—			1,137
Other Income (Expense), Net																	1,193			(5	)		672			—			1,860

Income (Loss) before Income Taxes		11,429			(10,479	)		6,306			(2,987	)		4,269			34,778			(8,895	)		10,857			(3,715	)		33,025
Provision (Credit) for Income Taxes		3,657			(3,781	)		1,368			—			1,244			10,705			(3,525	)		1,772			—			8,952

Net Income (Loss)	$	7,772		$	(6,698	)	$	4,938		$	(2,987	)	$	3,025		$	24,073		$	(5,370	)	$	9,085		$	(3,715	)	$	24,073


	Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated			Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	313,218		$	172,021		$	77,146		$	(84,904	)	$	477,481		$	449,314		$	233,915		$	78,868		$	(88,303	)	$	673,794
Cost of Goods Sold		258,245			164,770			65,884			(87,315	)		401,584			367,197			221,895			60,935			(88,303	)		561,724

Gross Profit		54,973			7,251			11,262			2,411			75,897			82,117			12,020			17,933			—			112,070
Engineering, Selling, General and Administrative Expenses		36,921			18,109			8,272			—			63,302			39,295			18,707			10,116			—			68,118
Equity in Loss from Subsidiaries		5,042			—			—			(5,042	)		—
Equity in Earnings from Subsidiaries																	(3,035	)		—			—			3,035			—

Income (Loss) from Operations		13,010			(10,858	)		2,990			7,453			12,595			45,857			(6,687	)		7,817			(3,035	)		43,952
Interest Expense		(8,531	)		(59	)		(124	)		—			(8,714	)		(7,606	)		(30	)		(73	)		—			(7,709	)
Other Income (Expense), Net		1,441			302			(502	)		(554	)		687
Other Income, Net																	404			—			402			—			806

Income (Loss) before Income Taxes		5,920			(10,615	)		2,364			6,899			4,568			38,655			(6,717	)		8,146			(3,035	)		37,049
Provision (Credit) for Income Taxes		4,585			(4,056	)		847			—			1,376			13,244			(2,263	)		657			—			11,638

Net Income (Loss)	$	1,335		$	(6,559	)	$	1,517		$	6,899		$	3,192		$	25,411		$	(4,454	)	$	7,489		$	(3,035	)	$	25,411


	Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated			Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	445,856		$	278,831		$	129,294		$	(136,325	)	$	717,656		$	903,497		$	504,197		$	211,386		$	(206,849	)	$	1,412,231
Cost of Goods Sold		365,691			258,229			97,737			(127,041	)		594,616			721,990			471,002			162,566			(206,849	)		1,148,709

Gross Profit		80,165			20,602			31,557			(9,284	)		123,040			181,507			33,195			48,820			—			263,522
Engineering, Selling, General and Administrative Expenses		69,214			32,294			19,624			—			121,132			112,091			53,754			26,681			—			192,526
Litigation Settlement																	30,600			—			—			—			30,600
Equity in Earnings from Subsidiaries		(2,345	)		—			—			2,345			—			(6,059	)		—			—			6,059			—

Income (Loss) from Operations		13,296			(11,692	)		11,933			(11,629	)		1,908			44,875			(20,559	)		22,139			(6,059	)		40,396
Interest Expense		(13,505	)		(51	)		(99	)		—			(13,655	)		(20,783	)		(75	)		(121	)		—			(20,979	)
Other Income, Net		2,153			117			7			150			2,427			3,496			112			679			—			4,287

Income (Loss) before Income Taxes		1,944			(11,626	)		11,841			(11,479	)		(9,320	)		27,588			(20,522	)		22,697			(6,059	)		23,704
Provision (Credit) for Income Taxes		(1,528	)		(4,176	)		2,046			—			(3,658	)		9,177			(7,702	)		3,818			—			5,293

Net Income (Loss)	$	3,472		$	(7,450	)	$	9,795		$	(11,479	)	$	(5,662	)	$	18,411		$	(12,820	)	$	18,879		$	(6,059	)	$	18,411


	Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated			Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	551,677		$	406,053		$	154,532		$	(176,630	)	$	935,632		$	1,000,991		$	639,968		$	233,400		$	(264,933	)	$	1,609,426
Cost of Goods Sold		463,591			383,212			132,917			(184,704	)		795,016			822,714			605,107			193,852			(264,933	)		1,356,740

Gross Profit		88,086			22,841			21,615			8,074			140,616			178,277			34,861			39,548			—			252,686
Engineering, Selling, General and Administrative Expenses		74,211			34,877			19,065			—			128,153			113,506			53,584			29,181			—			196,271
Equity in Loss from Subsidiaries		7,056			—			—			(7,056	)		—			4,019			—			—			(4,019	)		—

Income (Loss) from Operations		6,819			(12,036	)		2,550			15,130			12,463			60,752			(18,723	)		10,367			4,019			56,415
Interest Expense		(16,313	)		(100	)		(198	)		—			(16,611	)		(23,919	)		(130	)		(271	)		—			(24,320	)
Other Income (Expense), Net		3,416			232			(497	)		(1,265	)		1,886			2,554			232			(94	)		—			2,692

Income (Loss) before Income Taxes		(6,078	)		(11,904	)		1,855			13,865			(2,262	)		39,387			(18,621	)		10,002			4,019			34,787
Provision (Credit) for Income Taxes		(505	)		(4,531	)		1,538			—			(3,498	)		12,740			(6,794	)		2,194			—			8,140

Net Income (Loss)	$	(5,573	)	$	(7,373	)	$	317		$	13,865		$	1,236		$	26,647		$	(11,827	)	$	7,808		$	4,019		$	26,647


	Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated			Briggs & Stratton Corporation			Guarantor Subsidiary			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Cash Provided (Used) by Operating Activities	$	5,457		$	(18,979	)	$	(8,661	)	$	(3,096	)	$	(25,279	)	$	(1,455	)	$	(20,587	)	$	8,086		$	(2,554	)	$	(16,510	)


Cash Flows from Investing Activities:
Additions to Plant and Equipment		(8,296	)		(5,500	)		(1,796	)		—			(15,592	)		(14,663	)		(7,602	)		(2,551	)		—			(24,816	)
Proceeds Received on Sale of Plant and Equipment		158			2			12			—			172			180			13			16			—			209
Cash Investment in Subsidiary		(9,519	)		—			613			8,906			—			(1,920	)		—			613			1,307			—
Other, net		(144	)		—			—			—			(144	)		(144	)		—			—			—			(144	)

Net Cash Used by Investing Activities		(17,801	)		(5,498	)		(1,171	)		8,906			(15,564	)		(16,547	)		(7,589	)		(1,922	)		1,307			(24,751	)


Cash Flows from Financing Activities:
Net Borrowings on Loans, Notes Payable and Long-term Debt		21,467			26,248			2,121			3,096			52,932			31,072			28,036			2,210			2,554			63,872
Dividends Paid		(5,500	)		—			—			—			(5,500	)		(11,001	)		—			—			—			(11,001	)
Capital Contributions Received		—			—			8,906			(8,906	)		—			—			—			1,307			(1,307	)		—

Net Cash Provided by Financing Activities		15,967			26,248			11,027			(5,810	)		47,432			20,071			28,036			3,517			1,247			52,871


Effect of Foreign Currency Exchange Rate Changes on Cash and Cash Equivalents		—			—			328			—			328

Effect of Foreign Currency Exchange Rate
Changes on Cash and Cash Equivalents																	—			—			265			—			265

Net Increase in Cash and Cash Equivalents		3,623			1,771			1,523			—			6,917			2,069			(140	)		9,946			—			11,875
Cash and Cash Equivalents, Beginning		1,541			1,301			13,150			—			15,992			1,541			1,301			13,150			—			15,992

Cash and Cash Equivalents, Ending	$	5,164		$	3,072		$	14,673		$	—		$	22,909		$	3,610		$	1,161		$	23,096		$	—		$	27,867

~~BRIGGS~~In prior periods the Company reported eliminations of intercompany gross profit and other income (expense) in the eliminations column. Under equity accounting, these amounts are more properly reflected in the Parent company column. In the current period the Company has revised these disclosures to reflect the elimination of intercompany gross profit and other income (expense) within the Briggs & ~~STRATTON CORPORATION AND SUBSIDIARIES~~

~~In May 2009, the FASB issued guidance requiring disclosure~~Stratton Corporation column. The impact of the ~~date through which subsequent events have been evaluated, as well as whether~~revision for the ~~date is~~three months ended March 29, 2009 and the ~~date~~nine months ended March 29, 2009 was a decrease of $720 and an increase of $6,088, respectively to net income of the ~~financial statements were issued or the date the financial statements were available to be issued.~~Briggs & Stratton Corporation column. The Company has evaluated subsequent events through February 3, 2010, the date the financial statements were issued. The Company noted no significant events that occurred through this date requiring adjustmentoffsetting impact was to the ~~financial statements or disclosures.~~Eliminations column.

The aforementioned revisions also affected the Statements of Cash Flows for the Briggs & Stratton Corporation column, the Non-Guarantor Subsidiaries column and the Eliminations column. The Briggs & Stratton Corporation column net cash provided (used) by operating activities decreased by $2,757 and cash investment in subsidiary increased by $2,754 for the nine months ended March 29, 2009. The Non-Guarantor Subsidiaries column net cash provided (used) by operating activities increased by $486, dividends paid increased by $2,271 and capital contributions received decreased by $2,754 for the nine months ended March 29, 2009. The Elimination column net cash provided (used) by operating activities increased by $2,271, cash investment in subsidiary decreased by $2,754, dividends paid decreased by $2,271, and capital contributions received increased by $2,754 for the nine months ended March 29, 2009.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following is management’s discussion and analysis of the Company’s financial condition and results of operations for the periods included in the accompanying consolidated condensed financial statements:

Consolidated net sales for the ~~second~~third quarter of fiscal 2010 were ~~$393~~$695 million, ~~a decrease~~an increase of ~~$84~~$21 million or ~~18%~~3% when compared to the same period a year ago.

~~Second~~Third quarter fiscal 2010 net sales for the Engines Segment were ~~$274~~$499 million versus ~~$339~~$480 million in the third quarter of fiscal 2009, ~~a decrease~~an increase of ~~$65~~$19 million or ~~19%~~4%. ~~This decrease is~~The increase in net sales was primarily ~~attributable to a 15% decrease in~~the result of an engine unit ~~shipments between quarters which is driven by~~shipment increase of 6% from the same period a year ago. Offsetting the volume improvement were lower ~~shipments~~average prices in effect for fiscal 2010. Shipments of engines increased in the third quarter for lawn and garden applications ~~as some OEMs are delaying deliveries~~due to the shift of ~~engines~~OEM production to the last half of the fiscal year from the fiscal second quarter reflecting the desire of the channel participants to control their ~~inventory investment ahead~~working capital commitments at the end of ~~an uncertain market environment for~~ the spring of 2010. Additionally, engine requirements for portable generators were down due to the lack of any significant weather events and engine shipments for snow thrower applications were down because of placement shifts.calendar year.

~~Second~~Third quarter fiscal 2010 Power Products Segment net sales were ~~$157~~$245 million, a ~~$35~~$5 million or ~~18%~~2% decrease from the ~~second~~third quarter of fiscal 2009. ~~This decline is~~The net sales decrease was primarily ~~attributable to decreased~~the result of lower portable generator ~~shipments. Replenishment demand that occurred because of major weather events~~sales in ~~fiscal 2009~~the quarter, as the current year’s quarter did not ~~occur~~have hurricane replenishment shipments that were experienced in ~~fiscal 2010 due to the lack~~last year’s third quarter. The portable generator sales decrease was partially offset by stronger pressure washer volume and a small improvement in shipments of ~~weather events. In general, all~~ lawn and garden unit shipments were down from the prior year, except for stronger snow thrower shipments. All levels of the lawn and garden distribution channel appear to be managing to lower inventory levels ahead of the spring 2010 retail season.equipment.

Consolidated net sales for the first ~~six~~nine months of fiscal 2010 were ~~$718 million,~~$1.41 billion, a decrease of ~~$218~~$197 million or ~~23%~~12% when compared to the same period a year ago.

Engines Segment net sales for the first ~~six~~nine months of fiscal 2010 were ~~$485~~$984 million, a ~~$113~~$95 million or ~~19%~~9% decrease compared to the first ~~six~~nine months of fiscal 2009. ~~This decrease reflects an 18% decline in~~Unit volume decreases of 7% through the first nine months of fiscal 2010 were the result of lower engine ~~unit~~demand for portable generators, soft engine shipments ~~between years primarily resulting from the same reasons mentioned for the second quarter. Additionally, first quarter engine sales were light because 2009 summer retail demand for~~to European lawn and garden equipment manufacturers and minor market share losses in various engine categories. The majority of the remainder of the net sales decrease was ~~soft and did not generate levels of engine reorders similar~~due to ~~those in the prior year.~~lower pricing implemented for fiscal 2010.

Power Products Segment net sales for the first ~~six~~nine months of fiscal 2010 were ~~$320~~$566 million, a ~~$128~~$132 million or ~~29%~~19% decrease compared to the first ~~six~~nine months of fiscal ~~2010. This decline was primarily the result of a decrease in~~2009. Lower portable generator ~~shipments~~sales for this nine-month period accounted for almost all of the net sales decrease primarily due to ~~no hurricanes making landfall~~the absence of any hurricane activity in ~~the United States in the first half of~~ fiscal 2010. ~~Other than a small increase in pressure washer shipments, the other product offerings in this reporting segment had volume declines between years.~~

The consolidated gross profit margin improved to ~~18.0%~~20.2% for the ~~second~~third quarter of fiscal 2010 from ~~15.9%~~16.6% in the same period last year.

Engines Segment gross profit margin increased to ~~21.8%~~24.6% for the ~~second~~third quarter of fiscal 2010 from ~~19.4%~~19.7% in the ~~second~~third quarter of fiscal 2009. ~~This~~The improvement was primarily the result of lower manufacturing costs for materials, labor and ~~operating costs, resulting primarily from~~fixed overhead, offset by the lower ~~commodity costs and planned cost savings initiatives.~~selling prices as discussed above.

The Power Products Segment gross profit margin ~~increased~~decreased to ~~9.0%~~6.6% for the ~~second~~third quarter of fiscal 2010 from ~~5.7%~~6.9% in the ~~second~~third quarter of fiscal 2009. ~~This improvement was~~The decrease resulted from lower plant utilization, primarily production of portable generators that decreased over 90% in the ~~result of lower manufacturing costs, primarily related~~current third quarter compared to ~~lower commodity costs and planned cost savings initiatives, partially offset by expenses associated with~~ the ~~previously announced closing of the Jefferson, Wisconsin manufacturing facility.~~same period a year ago.

The consolidated gross profit margin for the first ~~six~~nine months of fiscal 2010 improved to ~~17.1%~~18.7% from ~~15.0%~~15.7% in the first ~~six~~nine months of fiscal 2009.

The Engines Segment gross profit margin increased to ~~19.9%~~22.3% for the first ~~six~~nine months of fiscal 2010 from ~~17.7%~~18.6% in the first ~~six~~nine months of fiscal 2009. ~~This~~The improvement ~~is attributable to~~was the ~~same factors mentioned~~result of lower manufacturing costs for ~~the second quarter.~~materials, labor and fixed overhead, offset by lower sales volume, production volume and pricing.

The Power Products Segment gross profit margin increased to ~~11.3%~~9.2% for the first ~~six~~nine months of fiscal 2010 from ~~7.3%~~7.1% in the first ~~six~~nine months of fiscal 2009. ~~This~~The improvement ~~is attributable~~was the result of lower manufacturing costs, primarily related to lower commodity costs and planned cost saving initiatives. The improvements were offset by lower sales and production volumes primarily related to the ~~same factors mentioned for~~significantly lower portable generator shipments and production in fiscal 2010 and startup inefficiencies as a result of moving production to other plants during the ~~second quarter, offset by an unfavorable mix of lawn and garden product shipments.~~quarter.

Engineering, selling, general and administrative expenses were ~~$60.3~~$71.4 million in the ~~second~~third quarter of fiscal 2010, ~~a decrease~~an increase of ~~$3.0~~$3.3 million or 5% from the ~~second~~third quarter of fiscal 2009. Engineering, selling, general and administrative expenses were ~~$121.1~~$192.5 million for the first ~~six~~nine months of fiscal 2010, a decrease of ~~$7.0~~$3.8 million or 5%2% from the first ~~six~~nine months of fiscal 2009. ~~These decreases are due~~The third quarter increase is attributable to ~~planned reductions in~~increased salaries and fringes, ~~and~~offset by reduced professional services and marketing expenses. The fiscal year to date decrease is attributable to reduced professional services and marketing expenses, offset by increased salaries and fringes.

On February 24, 2010, the Company entered into a Stipulation of Settlement (“Settlement”) that, if given final court approval, will resolve over 65 class-action lawsuits that have been filed against Briggs & Stratton and other engine and lawnmower manufacturers alleging, among other things, misleading power labeling on its lawnmower engines. Other parties to the Settlement are Sears, Roebuck and Co., Sears Holdings Corporation, Kmart Holdings Corporation, Deere & Company, Tecumseh Products Company, The Toro Company, Electrolux Home Products, Inc. and Husqvarna Outdoor Products, Inc. (now known as Husqvarna Consumer Outdoor Products, N.A., Inc.) (collectively with the Company referred to below as the “Settling Defendants”). All other defendants settled all claims separately. As part of the Settlement, the Company denies any and all liability and seeks resolution to avoid further protracted and expensive litigation. If finally approved, the Settlement resolves all horsepower-labeling claims brought by “all persons or entities in the United States who, beginning January 1, 1994 through the date notice of the Settlement is first given, purchased, for use and not for resale, a lawn mower containing a gas combustible engine up to 30 horsepower provided that either the lawn mower or the engine of the lawn mower was manufactured or sold by a Defendant.”

Interest expense for the ~~second~~third quarter of fiscal 2010 was ~~$7.2~~$7.3 million compared to ~~the $8.7~~$7.7 million in fiscal 2009. Interest expense for the first ~~six~~nine months of fiscal 2010 was ~~$13.7~~$21.0 million compared to ~~$16.6~~$24.3 million in fiscal 2009. These decreases are attributable to lower average borrowings for working capital purposes.

The ~~second~~effective tax rate was 27.1% for the third quarter and ~~year to date~~22.3% for the first nine months of fiscal 2010 ~~effective tax rates are at 29%~~versus 31.4% and ~~39%, respectively, versus the 30% and 155% used in~~23.4% for the same ~~respective~~ periods last ~~year.~~year, respectively. The ~~difference~~variation reflected between ~~the effective tax rates for the six month periods~~years was due to the ~~impact~~required recognition of ~~higher levels~~the tax effect of certain events as discrete items ~~related to foreign dividends~~ in ~~fiscal 2009 compared to fiscal 2010.~~the quarter in which they occurred.

Cash used by operating activities in the first ~~six~~nine months of fiscal 2010 was ~~$25.3~~$16.5 million, a ~~$13.4~~$41.1 million improvement from the ~~$38.7~~$57.6 million used by operating activities in the first ~~six~~nine months of fiscal 2009. This improvement was primarily attributable to ~~$19.1~~

$58.6 million less of working capital requirements between years, offset by ~~weakened~~lower operating ~~results.~~results due to the litigation settlement. The improvement in working capital requirements is primarily the result of ~~reduced~~increased accounts ~~receivable~~payable due to the timing and level of ~~sales, offset by increased inventory, primarily portable generators due to the lack of sales for weather events.~~vendor payments.

Cash used by investing activities was ~~$15.6~~$24.8 million and ~~$43.7~~$53.2 million in the first ~~six~~nine months of fiscal 2010 and fiscal 2009, respectively. The ~~$28.1~~$28.4 million decrease was primarily the result of the absence of the $24.8 million used for the acquisition of Victa Lawncare Pty. Ltd. in the first ~~six~~nine months of fiscal 2009 and planned reductions to plant and equipment spending.

Cash provided by financing activities was ~~$47.4~~$52.9 million and ~~$70.7~~$97.9 million in the first ~~six~~nine months of fiscal 2010 and fiscal 2009, respectively. This ~~$23.3~~$45.0 million decrease is attributable to decreased net borrowings for working capital purposes, offset by a reduction in dividends paid.

On July 12, 2007, the Company entered into a $500 million amended and restated multicurrency credit agreement. The Amended Credit Agreement (“Revolver”) provides a revolving credit facility for up to $500 million in revolving loans, including up to $25 million in swing-line loans. The Revolver has a term of five years and all outstanding borrowings on the Revolver are due and payable on July 12, 2012. As of ~~December 27, 2009,~~March 28, 2010, borrowings on the Revolver totaled ~~$103.4~~$139.4 million. This credit facility and the Company’s other indebtedness contain restrictive covenants as described in Note 9 of the Notes to the Consolidated Financial Statements of the Company’s Annual Report on Form 10-K. As of the end of the ~~second~~third quarter of fiscal 2010, the Company was in compliance with these covenants.

The Company expects capital expenditures to be approximately $50 to $55 million in fiscal 2010. These anticipated expenditures reflect our plans to continue to reinvest in equipment, new products, and capacity enhancements.

The Company is not required to make any contributions to the qualified pension plan during fiscal 2010, but may be required to make contributions in future years depending upon the actual return on plan assets and the funded status of the plan in future periods.

The Company’s ~~$231~~$206.1 million of 8.875% Senior Notes will mature in March 2011. At this time, the Company believes it will be able to replace these borrowings with new financing.

Management believes that available cash, cash generated from operations, ~~and~~ existing lines of credit and access to debt markets will be adequate to fund the Company’s capital and liquidity requirements for the foreseeable future.

There have been no material changes since the August 27, 2009, filing of the Company’s Annual Report on Form 10-K.

There have been no material changes in the Company’s critical accounting policies since the August 27, 2009 filing of its Annual Report on Form 10-K. As discussed in our annual report, the preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions about future events that affect the amounts reported in the financial statements and accompanying notes. Future events and their effects cannot be determined with absolute certainty. Therefore, the determination of estimates requires the exercise of judgment. Actual results inevitably will differ from those estimates, and such differences may be material to the financial statements.

The most significant accounting estimates inherent in the preparation of our financial statements include a goodwill assessment, estimates as to the realizability of accounts receivable and inventory assets, as well as estimates used in the determination of liabilities related to customer rebates, pension obligations, postretirement benefits, warranty, product liability, group health insurance, litigation and taxation. Various assumptions and other factors underlie the determination of these significant estimates. The process of determining significant estimates is fact specific and takes into account factors such as historical experience, current and expected economic conditions, product mix, and, in some instances, actuarial techniques. The Company ~~re-evaluates~~continues to evaluate these significant factors as facts and circumstances change.

A discussion of new accounting pronouncements is included in the Notes to Consolidated Condensed Financial Statements of this Form 10-Q under the heading New Accounting Pronouncements and incorporated herein by reference.

This report contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. The words “anticipate”, “believe”, “could”, “estimate”, “expect”, “forecast”, “intend”, “may”, “objective”, “plan”, “project”, “seek”, “think”, “will”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements are based on the company’s current views and assumptions and involve risks and uncertainties that include, among other things, the ability to successfully forecast demand for our products and appropriately adjust our manufacturing and inventory levels; changes in our operating expenses; changes in interest rates; the effects of weather on the purchasing patterns of consumers and original equipment manufacturers (OEMs); actions of engine manufacturers and OEMs with whom we compete; the seasonal nature of our business; changes in laws and regulations, including environmental, tax, pension funding and accounting standards; the ability of ourselves and our customers to secure adequate working capital funding and meet related covenants; work stoppages or other consequences of any deterioration in our employee relations; work stoppages by other unions that affect the ability of suppliers or customers to manufacture; acts of war or terrorism that may disrupt our business operations or those of our customers and suppliers; changes in customer and OEM demand; changes in prices of raw materials and parts that we purchase; changes in domestic economic conditions, including housing starts and consumer confidence; changes in the market value of the assets in our defined benefit pension plan and any related funding requirements; changes in foreign economic conditions, including currency rate fluctuations; the actions of customers of our OEM customers; the ability to bring new productive capacity on line efficiently and with good quality; the ability to successfully realize the maximum market value of assets that may require disposal if products or production methods change; new facts that come to light in the future course of litigation proceedings which could affect our assessment of those matters; and other factors that may be disclosed from time to time in our SEC filings or otherwise, including the factors discussed in Item 1A, Risk Factors, of the company’s Annual Report on Form 10-K and in its periodic reports on Form 10-Q. Some or all of the factors may be beyond our control. We caution you that any forward-looking statement reflects only our belief at the time the statement is made. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made.

There have been no material changes since the August 27, 2009, filing of the Company’s Annual Report on Form 10-K.

The Company’s management, with the participation of the Company’s Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of the Company’s disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of the end of the period covered by this report. Based on such evaluation, the Company’s Chief Executive Officer and Chief Financial Officer have concluded that, as of the end of such period, the Company’s disclosure controls and procedures are effective in recording, processing, summarizing and reporting, on a timely basis, information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act.

There has not been any change in the Company’s internal control over financial reporting during the ~~second~~third fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

A discussion of legal proceedings is included in the Notes to Consolidated Condensed Financial Statements of this Form 10-Q under the heading Commitments and Contingencies and incorporated herein by reference.

There have been no material changes since the August 27, 2009, filing of the Company’s Annual Report on Form 10-K.

The Company held its Annual Meeting of Shareholders on October 21, 2009. Information on the matters voted upon and the votes cast with respect to each matter was previously reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 27, 2009 filed on November 4, 2009.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


			Page No.

PART I – FINANCIAL INFORMATION

	Item 1.	Financial Statements

		Consolidated Condensed Balance Sheets – ~~December 27, 2009~~ March 28, 2010 and June 28, 2009	3

		Consolidated Condensed Statements of Income – Three and ~~Six~~Nine Months Ended ~~December 27,~~March 28, 2010 and March 29, 2009 ~~and December 28, 2008~~	5

		Consolidated Condensed Statements of Cash Flows – ~~Six~~ Nine Months Ended ~~December 27,~~March 28, 2010 and March 29, 2009 ~~and December 28, 2008~~	6

		Notes to Consolidated Condensed Financial Statements	7

	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	19

	Item 3.	Quantitative and Qualitative Disclosures About Market Risk	2122

	Item 4.	Controls and Procedures	22

PART II – OTHER INFORMATION

Item 1.	~~Item 1.~~	Legal Proceedings	22

	~~Item 1A.~~	~~Risk Factors~~	22

	~~Item 4.~~	~~Submission of Matters to a Vote of Security Holders~~	22

	~~Item 6.~~	~~Exhibits~~	2223

Item 1A.	~~Signatures~~Risk Factors	2423

Item 6.	Exhibits	23

Signatures		24

Exhibit Index		25


	Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Loss on Derivatives (Effective Portion)			Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Foreign currency contracts	$	950		Net Sales	$	(3,674	)
Foreign currency contracts		(80	)	Cost of Goods Sold		363
Commodity contracts		(981	)	Cost of Goods Sold		(1,777	)

	$	(111	)		$	(5,088	)


	Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Loss on Derivatives (Effective Portion)			Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Foreign currency contracts - sell	$	5,700		Net Sales	$	(3,626	)
Foreign currency contracts - buy		(36	)	Cost of Goods Sold		304
Commodity contracts		(1,974	)	Cost of Goods Sold		(2,430	)

	$	3,690			$	(5,752	)


Exhibit Number		Description

~~4.1~~10.1		~~Amendment to Rights Agreement,~~Stipulation of Settlement, dated ~~as of October 13, 2009 (Filed~~February 24, 2010 (filed as Exhibit ~~4.2 to Amendment No. 3~~10.1 to the ~~Registration Statement~~Company’s Current Report on Form ~~8-A/A of the Company~~8-K dated ~~as of October 13, 2009~~February 24, 2010 and incorporated herein by reference)

~~4.2~~		Amendment to Rights Agreement, effective October 22, 2009 (Filed as Exhibit 4.2 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 27, 2009 and incorporated herein by reference)

~~10.1~~10.5		Amended and Restated Briggs & Stratton Corporation Incentive Compensation Plan ~~Agreement~~ (Filed ~~as Exhibit 10.1 to the Company’s Report on Form 8-K dated October 21, 2009 and incorporated herein by reference)~~herewith)

~~10.2~~10.6(a)		Amended ~~and Restated~~ Form of ~~Change of Control Employment~~Restricted Stock Award Agreement ~~for new officers of~~Under the ~~Company~~Premium Option and Stock Award Program (Filed ~~as Exhibit 10.1 to the Company’s Report on Form 8-K dated October 14, 2009 and incorporated herein by reference)~~herewith)


~~10.3~~10.6(b)		~~Amendment to~~Amended Form of Deferred Stock Award Agreement Under the ~~Briggs & Stratton Corporation Key Employee Savings~~Premium Option and ~~Investment Plan, adopted by the Board of Directors on October 21, 2009~~Stock Award Program (Filed ~~as Exhibit 10.15 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 27, 2009 and incorporated herein by reference)~~herewith)

31.1		Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Filed herewith)

31.2		Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Filed herewith)

32.1		Certification of the Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Filed herewith)

32.2		Certification of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Filed herewith)


	~~BRIGGS & STRATTON CORPORATION~~
			BRIGGS & STRATTON CORPORATION (Registrant)

Date: ~~February 3,~~May 5, 2010			/S/ JAMES E. BRENN
	~~James E. Brenn~~
		James E. Brenn Senior Vice President and Chief Financial Officer and Duly Authorized Officer

Large accelerated filer

Accelerated filer

Non-accelerated filer

¨ (Do not check if a smaller reporting company)

Smaller reporting company