Winnebago industries, inc. (WGO)
Balance Sheet / Yearly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11
Assets
Current assets:
Cash and cash equivalents

122,939

101,328

37,431

4,176

3,017

702

2,342

39,029

27,443

54,468

35,945

24,369

10,931

25,584

85,583

71,253

36,872

55,721

70,239

49,215

7,938

57,804

50,490

16,258

49,737

64,277

42,422

26,235

44,075

62,683

80,831

80,800

71,299

69,307

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,605

-

250

-

250

-

250

-

Receivables, less allowance for doubtful accounts ($381 and $160, respectively)

182,475

167,290

158,049

185,546

179,940

140,837

164,585

148,948

157,425

116,798

124,539

120,998

120,498

81,762

66,184

65,474

70,060

59,312

66,936

65,198

75,636

69,699

56,333

69,628

42,944

29,145

31,421

26,906

24,643

22,726

18,476

18,528

14,670

19,981

Inventories, net

237,808

263,333

201,126

190,883

189,611

191,461

195,128

177,378

178,046

151,787

142,265

144,422

148,456

155,446

122,522

130,136

134,169

136,364

112,165

122,575

149,841

112,848

117,735

124,289

122,478

112,541

112,951

123,944

106,363

87,094

69,604

60,183

65,190

69,165

Prepaid expenses and other assets

20,883

13,301

14,051

10,480

15,217

10,256

9,883

8,408

9,788

12,359

11,388

8,500

13,943

10,561

6,300

6,670

13,038

7,083

6,882

8,450

8,215

5,723

7,121

8,029

8,356

8,277

6,718

6,689

7,818

4,509

4,289

5,146

5,003

4,227

Net investment in operating leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

15,978

16,479

-

-

0

-

-

-

-

-

-

-

-

Income taxes receivable and prepaid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

8,808

-

385

1,061

132

1,868

2,416

1,278

1,603

1,603

875

1,376

913

1,525

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

9,995

5,907

1,975

9,641

7,348

8,264

8,155

7,742

10,515

9,419

8,482

8,453

1,402

1,587

1,613

649

Total current assets

564,105

545,252

410,657

391,085

387,785

343,256

371,938

373,763

372,702

335,412

314,137

298,289

293,828

273,353

280,589

273,533

254,139

258,480

266,217

251,535

252,413

271,693

255,891

227,529

231,802

223,850

211,048

194,471

193,234

187,068

175,727

167,620

158,938

164,854

Property, plant, and equipment, net

169,840

163,348

127,572

121,977

117,761

110,212

101,193

82,481

78,798

74,113

71,560

68,656

67,858

66,703

55,931

52,799

50,719

39,094

37,250

34,646

28,370

25,135

22,665

20,411

21,057

20,266

20,158

20,260

20,127

19,978

20,382

21,184

21,930

22,589

Other assets:
Goodwill

348,860

347,840

274,931

275,657

275,072

275,072

274,370

244,684

244,684

244,684

242,728

245,393

245,393

251,210

1,228

-

-

-

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

1,228

Deferred income taxes

-

-

-

-

-

-

-

7,043

9,813

10,680

12,736

14,695

14,203

7,706

18,753

17,946

19,844

20,400

21,994

24,164

23,762

24,029

24,540

24,087

25,007

25,649

28,112

29,518

30,531

30,520

-

-

-

0

Other intangible assets, net

415,285

423,258

256,082

258,513

260,791

263,058

265,717

222,519

224,452

226,385

228,440

230,522

240,682

251,049

0

-

-

-

-

-

-

-

-

-

-

-

577

599

620

641

661

681

700

720

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

550

600

600

600

600

Long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,108

4,385

8,735

8,823

9,074

9,091

9,903

9,753

10,627

Investment in life insurance

27,231

26,958

26,846

27,111

26,963

26,651

28,297

28,130

27,921

27,634

27,418

27,030

26,862

26,653

26,492

26,739

26,531

26,187

26,172

25,843

25,650

25,126

24,793

25,587

25,299

25,051

24,826

24,515

24,296

23,127

22,981

23,445

23,434

23,669

Operating lease assets

30,460

30,720

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

16,146

16,248

8,143

8,860

9,764

11,724

10,290

7,090

6,956

5,942

5,493

5,766

5,895

6,021

7,725

9,020

9,109

10,171

9,313

9,329

9,508

11,091

11,217

10,284

10,520

10,993

12,537

12,831

12,912

13,886

13,254

14,656

15,054

15,640

Total assets

1,571,927

1,553,624

1,104,231

1,083,203

1,078,136

1,029,973

1,051,805

965,710

965,326

924,850

902,512

890,351

894,721

882,695

390,718

380,037

360,342

354,332

362,174

346,745

340,931

358,302

340,334

309,126

314,913

309,145

302,871

292,157

291,771

286,072

243,924

239,317

231,637

239,927

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

99,211

93,120

81,635

84,304

92,592

79,687

81,039

88,397

99,727

76,109

79,194

79,599

66,873

50,971

44,134

47,748

41,461

34,949

33,158

29,547

34,215

33,111

31,229

28,867

27,316

28,142

28,398

26,083

28,536

24,920

24,635

21,697

15,580

21,610

Income taxes payable

-

0

-

0

472

13,212

15,655

6,186

2,792

13,869

7,450

6,094

0

3,541

19

0

0

3,159

2,314

0

0

2,927

-

-

2,623

0

0

1,152

3,402

348

0

131

115

104

Accrued expenses:
Accrued compensation

28,639

25,885

20,328

27,288

25,112

21,977

29,350

27,989

25,407

23,004

24,546

23,135

22,258

20,452

19,699

16,500

14,334

15,467

18,346

17,405

16,284

20,763

19,067

17,749

15,207

22,101

19,961

16,652

15,780

16,038

13,370

12,339

9,990

10,841

Operating lease repurchase obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

16,050

16,050

-

-

0

-

-

-

-

-

-

-

-

Product warranties

60,211

61,107

44,436

43,624

40,305

41,303

40,498

37,444

34,988

32,500

30,805

28,056

25,030

24,551

12,412

11,911

11,727

11,585

11,254

9,805

9,856

9,501

8,918

8,781

8,345

8,443

8,441

8,065

7,549

6,990

6,595

6,530

7,022

7,335

Self-insurance

15,639

15,685

13,820

13,316

14,488

13,381

12,262

9,571

9,124

6,157

6,122

6,199

5,527

6,037

5,812

6,536

5,780

5,863

6,242

5,902

5,633

4,941

4,926

4,612

4,455

4,531

4,868

4,409

4,117

4,137

4,243

4,141

3,409

3,203

Accrued loss on repurchases

-

-

-

-

-

-

-

-

-

-

-

-

1,522

1,340

-

1,126

1,039

1,240

1,329

1,749

1,544

2,212

1,420

1,971

1,610

1,287

1,250

1,108

740

627

862

906

857

1,174

Promotional

13,761

19,139

10,896

15,046

21,333

14,868

11,017

6,523

11,136

9,741

6,560

9,237

9,512

8,078

4,756

3,594

4,255

2,601

3,149

3,877

3,315

3,205

3,424

2,405

2,988

1,910

2,239

2,437

2,397

2,661

2,320

1,574

1,487

2,177

Accrued interest

747

3,034

4,059

3,963

3,002

3,026

3,095

3,177

2,255

3,065

3,128

3,213

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued dividend

-

-

-

-

-

-

-

-

-

3,187

-

3,184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

18,773

16,768

13,678

10,810

12,463

11,736

11,269

11,119

10,161

8,546

6,503

6,726

9,664

5,919

6,117

5,383

5,293

5,378

5,818

5,868

5,709

7,009

8,363

5,251

4,465

3,940

4,329

4,096

4,200

5,297

5,023

4,623

4,502

4,874

Current maturities of long-term debt

13,668

12,668

8,892

6,500

2,750

-

0

0

0

2,342

2,850

12,051

11,301

7,578

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

250,649

247,406

197,744

204,851

212,517

199,190

204,185

190,406

195,590

178,520

167,158

177,494

151,687

128,467

92,949

92,798

83,889

80,242

81,610

74,153

76,556

99,719

93,397

69,636

67,009

70,354

69,486

64,002

66,721

61,018

57,048

51,941

42,962

51,318

Non-current liabilities:
Long-term debt, less current maturities

451,134

450,848

245,402

253,071

274,168

-

291,441

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

17,057

17,210

12,032

5,255

4,595

4,834

4,457

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

253,262

-

251,798

271,102

268,421

271,726

274,818

318,164

334,742

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrecognized tax benefits

6,253

6,563

3,591

3,501

1,712

1,745

1,745

1,703

1,668

1,634

1,606

1,755

1,926

2,066

2,461

2,333

2,248

2,410

2,511

2,619

2,756

3,024

3,228

3,641

3,830

3,988

4,931

5,096

5,076

5,228

4,853

5,034

5,213

5,387

Operating lease liabilities

27,882

28,066

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation benefits, net of current portion

12,166

12,594

12,878

13,161

14,228

14,214

15,282

15,732

18,907

19,394

19,270

18,982

19,370

19,961

26,949

25,988

26,572

27,869

57,090

59,211

59,630

62,811

59,219

59,611

63,485

64,074

70,354

70,027

74,426

75,135

67,158

69,449

74,074

74,492

Other

5,262

5,328

372

371

250

250

250

250

250

250

1,078

1,052

959

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-current liabilities

519,754

520,609

274,275

275,359

294,953

274,305

313,175

269,483

291,927

289,699

293,680

296,607

340,419

356,769

29,410

28,321

28,820

30,279

59,601

61,830

62,386

65,835

62,447

63,252

67,315

68,062

75,285

75,123

79,502

80,363

72,011

74,483

79,287

79,879

Contingent liabilities and commitments (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Stockholders' equity:
Preferred stock, par value $0.01: Authorized-10,000 shares; Issued-zero

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, par value $0.50: Authorized-60,000 shares; Issued-51,776 shares

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

25,888

Additional paid-in capital

200,751

198,733

91,185

89,896

89,682

88,288

86,223

84,179

80,721

80,040

80,401

79,844

79,205

78,941

32,717

32,173

31,649

31,427

32,018

31,765

31,438

31,672

31,410

31,445

31,071

29,334

28,960

29,142

28,965

28,496

28,600

29,203

30,173

30,131

Retained earnings

890,994

877,469

866,886

838,506

805,851

787,794

768,816

742,148

712,809

693,909

679,138

654,215

641,192

629,099

620,546

610,118

598,399

591,769

585,941

576,665

567,604

554,496

541,567

530,182

520,589

509,443

498,827

491,166

484,881

477,490

436,582

432,641

433,553

432,518

Accumulated other comprehensive loss

-543

-551

-491

-102

252

878

892

1,043

907

-383

-1,023

-952

-900

6,952

10,975

12,633

13,616

14,598

-2,274

-2,721

-2,067

-1,808

1,138

1,890

364

849

-2,273

-2,083

-4,168

-3,686

1,206

3,133

-1,008

-454

Treasury stock, at cost: 18,153 and 20,262 shares, respectively

315,566

315,930

351,256

351,195

351,007

346,370

347,374

347,437

342,516

342,823

342,730

342,745

342,770

343,421

421,767

421,894

421,919

419,871

420,610

420,835

420,874

417,500

415,513

413,167

397,323

394,785

393,302

391,081

390,018

383,497

377,411

377,972

379,218

379,353

Total stockholders' equity

801,524

785,609

632,212

602,993

570,666

556,478

534,445

505,821

477,809

456,631

441,674

416,250

402,615

397,459

268,359

258,918

247,633

243,811

220,963

210,762

201,989

192,748

184,490

176,238

180,589

170,729

158,100

153,032

145,548

144,691

114,865

112,893

109,388

108,730

Total liabilities and stockholders' equity

1,571,927

1,553,624

1,104,231

1,083,203

1,078,136

1,029,973

1,051,805

965,710

965,326

924,850

902,512

890,351

894,721

882,695

390,718

380,037

360,342

354,332

362,174

346,745

340,931

358,302

340,334

309,126

314,913

309,145

302,871

292,157

291,771

286,072

243,924

239,317

231,637

239,927