FRANKLIN ELECTRIC CO., INC. FELE Balance Sheet

Franklin electric co., inc. (FELE)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current assets:
Cash and cash equivalents
39,987	64,405	47,805	40,991	54,364	59,173	41,173	70,044	67,370	67,233	60,129	55,095	70,651	104,331	78,981	71,582	74,642	81,561	84,898	63,034	69,593	59,141	77,420	87,680	102,137	134,553	118,065	77,088	74,666	103,338	95,717	86,250	98,936	153,337	128,055	94,173	102,790	140,070	122,149	92,938	86,875
Receivables, less allowances of $3,907 and $3,705, respectively
167,590	173,327	198,052	220,815	180,584	172,899	193,429	206,542	192,771	171,007	176,286	190,650	154,701	145,999	152,093	161,972	151,173	127,251	131,767	154,133	155,087	143,787	167,849	176,110	147,101	115,127	130,813	147,945	130,884	102,918	118,795	127,092	119,511	78,435	101,654	121,708	98,930	70,829	78,807	90,614	62,847
Inventories:
Raw material
97,538	98,286	108,473	118,091	107,010	98,858	108,091	112,061	121,743	109,590	101,863	100,559	97,623	80,052	82,621	85,986	87,817	82,223	87,893	94,942	94,767	88,961	89,455	91,269	86,501	71,909	74,119	78,831	77,695	72,536	72,005	73,074	72,270	49,615	52,966	55,696	55,955	51,468	57,932	56,323	53,889
Work-in-process
21,452	18,392	22,263	22,174	20,698	18,649	19,745	19,686	18,695	16,742	21,950	18,412	16,551	18,735	18,308	17,682	18,145	18,384	18,481	18,505	19,319	19,148	21,105	22,584	19,552	17,978	17,106	18,639	18,223	18,295	19,025	18,686	18,450	16,047	15,620	17,146	13,590	12,461	13,231	13,852	12,555
Finished goods
191,016	183,568	203,074	212,118	208,931	196,542	195,379	196,885	202,878	185,993	177,561	177,716	121,550	104,684	114,138	106,974	101,779	93,987	102,817	106,481	107,410	112,419	132,665	125,681	117,080	101,674	108,648	106,837	109,440	101,017	107,243	102,140	95,818	76,031	85,501	91,918	83,472	76,303	83,640	80,400	82,288
LIFO reserve
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,832	14,664	14,328
Total inventories
310,006	300,246	333,810	352,383	336,639	314,049	323,215	328,632	343,316	312,325	301,374	296,687	235,724	203,471	215,067	210,642	207,741	194,594	209,191	219,928	221,496	220,528	243,225	239,534	223,133	191,561	199,873	204,307	205,358	191,848	198,273	193,900	186,538	141,693	154,087	164,760	153,017	140,232	139,971	135,911	134,404
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,194	15,296	15,055	8,364	8,061	8,194	9,761	10,072	8,676	8,838	11,386	7,912	13,263	12,401	12,060	11,853	14,349	13,524	13,836	13,182	16,123	15,544	15,577
Other current assets
25,472	29,466	37,900	34,937	34,115	33,758	31,948	34,735	38,394	38,566	44,462	37,194	33,803	30,018	31,289	29,531	30,617	34,715	35,179	37,068	38,387	37,719	30,155	27,060	27,172	21,041	19,671	19,109	21,886	22,901	25,046	17,842	19,050	15,165	11,725	16,171	16,791	14,787	14,744	13,120	11,890
Total current assets
543,055	567,444	617,567	649,126	605,702	579,879	589,765	639,953	641,851	589,131	582,251	579,626	494,879	483,819	477,430	473,727	464,173	438,121	476,229	489,459	499,618	469,539	526,710	538,578	509,304	472,354	477,098	457,287	444,180	428,917	451,094	437,485	436,095	400,483	409,870	410,336	385,364	379,100	371,794	348,127	311,593
Property, plant, and equipment, at cost:
Land and buildings
134,041	142,189	139,971	142,349	141,397	144,299	143,578	140,225	144,854	142,088	143,261	142,014	125,005	121,364	116,614	116,434	117,483	117,753	118,516	122,626	122,780	127,782	129,524	121,906	120,606	121,154	119,594	88,331	90,276	90,616	87,697	85,010	88,579	85,623	88,090	88,572	87,155	84,724	83,802	-	83,917
Machinery and equipment
271,115	276,541	267,746	271,379	267,722	269,484	266,700	266,967	272,405	268,373	263,267	259,064	249,422	242,170	246,147	239,907	238,567	233,834	232,187	233,939	229,542	234,617	237,965	237,784	230,974	227,521	221,162	211,808	206,176	204,408	198,026	191,847	195,596	186,525	189,928	201,746	188,904	181,291	180,562	168,489	188,543
Furniture and fixtures
42,984	43,631	42,497	42,834	49,710	49,426	48,525	48,606	49,290	52,916	52,209	52,547	49,479	47,523	46,936	39,683	38,823	39,639	38,894	39,693	38,485	39,001	38,179	37,353	35,198	32,104	29,027	29,044	26,740	26,887	26,185	25,196	25,401	24,332	23,646	21,641	21,317	20,924	20,557	18,856	18,772
Other
26,824	29,293	28,250	26,687	26,145	22,795	25,203	23,179	26,509	22,810	17,753	14,861	15,975	19,089	25,300	30,334	27,829	19,845	19,908	18,731	18,644	20,539	17,440	29,421	27,840	26,844	30,315	54,528	43,699	33,500	20,869	17,198	14,043	13,059	11,093	9,111	6,598	6,323	6,846	5,419	3,533
Property, plant, and equipment, gross
474,964	491,654	478,464	483,249	484,974	486,004	484,006	478,977	493,058	486,187	476,490	468,486	439,881	430,146	434,997	426,358	422,702	411,071	409,505	414,989	409,451	421,939	423,108	426,464	414,618	407,623	400,098	383,711	366,891	355,411	332,777	319,251	323,619	309,539	312,757	321,070	303,974	293,262	291,767	266,765	294,765
Less: Allowance for depreciation
286,318	290,326	280,752	281,149	282,377	278,940	277,849	273,880	275,690	270,493	263,284	253,834	242,469	234,009	236,322	230,442	227,946	221,032	221,471	217,816	211,272	212,153	210,977	210,712	204,288	199,027	197,094	190,433	185,898	183,436	178,074	170,247	171,297	163,130	164,199	165,122	159,723	150,186	148,153	134,570	147,594
Property, plant, and equipment, net
188,646	201,328	197,712	202,100	202,597	207,064	206,157	205,097	217,368	215,694	213,206	214,652	197,412	196,137	198,675	195,916	194,756	190,039	188,034	197,173	198,179	209,786	212,131	215,752	210,330	208,596	203,004	193,278	180,993	171,975	154,703	149,004	152,322	146,409	148,558	155,948	144,251	143,076	143,614	132,195	147,171
Right-of-Use Asset, net
26,583	27,621	24,822	25,708	25,411	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,000	3,782	1,613	1,615	2,056	2,041	2,405	2,610	0	0	1,750	-	-	-	0	1,100	1,100	1,100	1,300	1,300	1,500	2,177	2,325	2,325	2,625	0
Deferred income taxes
9,167	9,171	8,830	9,177	9,115	8,694	8,696	8,765	9,212	8,929	7,627	7,439	7,141	4,621	4,897	4,839	5,084	3,461	2,563	2,335	3,313	3,899	4,480	4,296	2,695	2,969	2,053	2,257	2,658	2,540	-	-	-	0	-	-	-	-	-	-	-
Intangible assets, net
124,503	131,127	132,665	130,724	132,813	135,052	134,742	123,497	129,918	131,471	135,768	136,818	133,675	134,667	138,256	140,850	141,490	141,357	143,920	151,986	153,533	160,314	166,561	172,257	146,973	148,663	150,684	151,756	155,393	158,117	150,391	133,659	139,744	94,538	95,963	102,845	88,832	89,011	90,300	84,327	88,912
Goodwill
255,800	256,100	253,400	250,200	249,900	248,700	249,653	235,408	239,000	236,800	236,981	236,153	200,407	199,609	202,037	201,365	201,580	199,847	201,943	204,781	204,108	208,828	211,228	213,349	207,730	207,220	206,987	205,845	206,861	208,141	200,560	193,282	195,258	168,846	170,594	175,729	167,618	165,193	165,162	158,563	161,761
Other assets
1,807	1,993	1,959	2,660	3,221	2,928	3,138	3,026	3,315	3,318	3,660	5,422	21,766	21,052	23,322	22,279	21,658	21,673	21,885	22,075	19,965	21,116	21,678	22,145	12,708	10,321	4,976	5,711	6,372	6,689	6,995	7,224	7,195	17,954	18,387	17,403	11,615	9,854	9,376	9,355	8,861
Total assets
1,149,500	1,194,700	1,236,900	1,269,700	1,228,800	1,182,400	1,192,151	1,215,746	1,240,664	1,185,400	1,179,493	1,180,110	1,055,280	1,039,905	1,044,617	1,040,963	1,032,523	996,111	1,036,189	1,069,865	1,080,757	1,075,887	1,145,398	1,166,377	1,089,740	1,051,873	1,044,802	1,016,134	996,457	976,379	964,843	921,754	931,714	829,530	844,672	863,761	799,857	788,559	782,571	735,192	718,298
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable
88,388	82,593	94,531	99,654	91,399	76,652	75,348	82,123	84,829	79,348	76,163	73,266	69,042	63,927	60,695	56,983	62,568	57,822	59,865	58,629	59,143	70,806	75,921	75,778	81,133	57,755	60,106	60,322	63,978	68,660	58,721	59,578	68,516	45,481	49,853	57,102	52,801	39,084	49,761	43,804	31,699
Accrued expenses and other current liabilities
48,921	68,444	68,243	61,651	51,242	64,800	61,698	57,563	48,196	63,900	63,704	57,047	43,497	56,845	61,003	58,686	46,594	52,109	59,431	62,476	57,436	94,782	82,071	58,391	47,376	62,081	58,623	56,393	47,987	60,415	62,181	54,200	50,878	58,692	60,119	55,001	48,525	64,714	64,578	58,718	44,261
Current lease liability
9,451	9,838	8,337	8,605	7,738	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	636	637	637	637	1,260	1,227	1,227	1,227	1,173	1,173	1,173	1,173	-	-	-	0	-	-	-	-	-	-	-
Income taxes
2,907	3,010	5,337	2,109	1,748	2,419	5,869	3,589	2,747	2,213	4,194	3,823	3,170	3,274	3,353	2,950	2,628	1,794	2,278	1,376	1,096	788	2,496	2,001	1,939	2,048	2,305	1,816	713	215	7,129	2,455	2,050	5,946	7,499	11,180	7,262	4,268	7,990	5,365	6,448
Current maturities of long-term debt and short-term borrowings
41,700	21,900	80,800	129,300	132,000	112,000	122,846	167,803	152,945	100,500	104,081	145,381	33,783	33,715	33,418	55,673	45,337	32,946	55,088	37,509	103,237	34,092	82,656	69,766	30,607	15,363	16,440	17,517	15,945	15,176	17,743	21,181	20,381	13,978	11,374	11,848	1,256	1,241	2,112	487	735
Total current liabilities
191,387	185,764	257,245	301,356	284,084	255,857	265,761	311,078	288,717	245,901	248,142	279,517	149,492	157,761	158,469	174,292	157,127	144,671	177,298	160,627	221,549	201,105	244,404	207,163	162,282	138,474	138,647	137,221	129,796	145,639	145,774	137,414	141,825	124,097	128,845	135,131	109,844	109,307	124,441	108,374	83,143
Long-term debt
92,600	93,100	93,100	93,700	93,800	94,400	94,229	94,920	125,076	125,600	125,608	126,030	156,170	156,544	156,712	157,203	187,257	187,806	188,150	187,841	143,189	143,695	144,666	175,405	173,654	174,166	174,241	174,772	174,854	150,729	150,801	150,827	151,254	150,000	154,199	154,384	151,207	151,245	151,820	150,974	151,242
Long-term lease liability
17,134	17,785	16,487	17,105	17,675	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes payable non-current
11,964	11,965	11,965	10,881	10,881	10,881	10,365	12,791	17,391	17,391	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
27,117	27,598	27,925	29,815	28,927	28,949	29,601	25,397	26,021	30,913	42,776	40,842	42,067	40,460	38,950	39,289	36,025	33,404	43,719	44,146	43,915	45,568	57,253	54,674	54,347	54,618	43,006	41,013	41,329	40,136	45,097	40,269	39,929	15,348	24,153	21,497	19,505	17,887	12,014	5,424	3,266
Employee benefit plans
37,057	38,288	33,404	36,523	36,963	38,020	36,361	38,472	41,058	42,178	42,180	42,705	43,527	45,307	40,799	42,337	46,799	47,398	50,363	52,088	55,989	58,709	34,164	36,825	38,457	41,685	71,470	73,657	76,144	78,967	62,708	64,767	67,684	68,746	50,484	55,638	57,202	65,967	63,008	66,054	74,179
Other long-term liabilities
19,090	21,769	19,964	19,584	19,826	17,934	18,873	17,300	18,485	19,251	18,653	17,635	18,367	17,093	19,899	18,660	17,656	16,511	16,715	20,851	20,784	21,407	22,795	48,827	39,535	39,543	38,102	37,302	39,331	38,659	39,989	39,034	39,356	15,494	15,313	17,264	9,010	8,313	8,195	7,850	8,865
Commitments and contingencies (see Note 14)
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-
Redeemable noncontrolling interest
-245	-236	-229	-210	408	518	616	764	1,360	1,502	1,871	1,948	7,849	7,652	7,597	7,617	7,329	6,856	6,436	6,401	6,335	6,420	6,261	3,022	5,288	5,171	5,426	5,511	4,578	5,263	5,184	5,045	4,889	5,407	14,047	14,732	7,884	7,291	7,414	-	7,393
Shareholders' equity:
Common stock (65,000 shares authorized, $.10 par value) outstanding (46,144 and 46,391, respectively)
4,614	4,639	4,636	4,632	4,637	4,632	4,682	4,654	4,652	4,663	4,659	4,648	4,644	4,638	4,630	4,621	4,617	4,622	4,636	4,763	4,763	4,759	4,756	4,760	4,769	4,771	4,765	4,754	4,741	4,712	2,350	2,336	2,343	2,333	2,322	2,318	2,327	2,326	2,321	2,323	2,313
Additional capital
274,869	269,656	267,299	264,533	262,002	257,535	255,462	246,682	244,095	240,136	238,348	235,141	231,978	228,564	225,547	221,221	219,400	216,472	214,785	212,807	211,187	207,446	204,057	202,534	198,089	194,810	192,502	187,521	179,124	170,890	164,261	153,822	148,870	144,609	137,712	135,798	132,054	129,705	125,768	124,655	119,133
Retained earnings
698,917	712,460	699,876	673,493	652,737	654,724	658,232	634,992	613,113	604,905	602,235	583,698	560,346	550,095	538,501	521,008	502,512	498,214	492,208	513,190	505,697	492,548	496,000	480,175	462,526	450,855	441,602	423,071	405,481	395,950	393,765	383,090	370,321	350,457	345,040	329,144	317,403	313,905	302,268	293,981	285,467
Accumulated other comprehensive loss
-227,221	-190,210	-196,617	-183,470	-185,281	-183,019	-183,826	-173,630	-141,503	-149,047	-146,768	-153,670	-160,965	-169,852	-148,081	-146,756	-148,192	-161,608	-159,801	-134,399	-134,790	-107,913	-71,048	-49,072	-51,925	-54,729	-67,218	-71,522	-61,907	-57,146	-47,493	-57,489	-37,415	-49,264	-30,247	-5,012	-9,233	-19,442	-16,629	-33,158	-18,740
Total shareholders' equity
751,179	796,545	775,194	759,188	734,095	733,872	734,550	712,698	720,357	700,657	698,474	669,817	636,003	613,445	620,597	600,094	578,337	557,700	551,828	596,361	586,857	596,840	633,765	638,397	613,459	595,707	571,651	543,824	527,439	514,406	512,883	481,759	484,119	448,135	454,827	462,248	442,551	426,494	413,728	387,801	388,173
Noncontrolling interest
2,287	2,124	1,862	1,714	2,097	1,955	1,795	2,326	2,199	1,964	1,789	1,616	1,805	1,643	1,594	1,471	1,993	1,765	1,680	1,550	2,139	2,143	2,090	2,064	2,718	2,509	2,259	2,834	2,986	2,580	2,407	2,639	2,658	2,303	2,804	2,867	2,654	2,055	1,951	2,031	2,037
Total equity
753,466	798,669	777,056	760,902	736,192	735,827	736,345	715,024	722,556	702,621	700,263	671,433	637,808	615,088	622,191	601,565	580,330	559,465	553,508	597,911	588,996	598,983	635,855	640,461	616,177	598,216	573,910	546,658	530,425	516,986	515,290	484,398	486,777	450,438	457,631	465,115	445,205	428,549	415,679	389,832	390,210
Total liabilities and equity
1,149,533	1,194,743	1,236,940	1,269,663	1,228,759	1,182,365	1,192,151	1,215,746	1,240,664	1,185,353	1,179,493	1,180,110	1,055,280	1,039,905	1,044,617	1,040,963	1,032,523	996,111	1,036,189	1,069,865	1,080,757	1,075,887	1,145,398	1,166,377	1,089,740	1,051,873	1,044,802	1,016,134	996,457	976,379	964,843	921,754	931,714	829,530	844,672	863,761	799,857	788,559	782,571	735,192	718,298