Company: GGG
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000042888-25-000025
Chunk: 1

Company: GRACO INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Item 1
Chunk 1
---
78 (352)57 (589)Other comprehensive income (loss)56,703 141 76,669 (17,884)Comprehensive Income$184,326 $133,119 $328,393 $237,293 

See notes to consolidated financial statements.

3

Table of Contents

GRACO INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Unaudited) (In thousands)

June 27,2025December 27,2024ASSETSCurrent AssetsCash and cash equivalents$534,921 $675,336 Accounts receivable, less allowances of $6,500 and $6,000387,166 362,533 Inventories403,156 404,676 Other current assets55,399 54,896 Total current assets1,380,642 1,497,441 Property, Plant and Equipment, net762,960 771,656 Goodwill516,922 487,468 Other Intangible Assets, net241,524 233,306 Operating Lease Assets22,164 19,678 Deferred Income Taxes36,447 46,910 Other Assets85,464 82,753 Total Assets$3,046,123 $3,139,212 LIABILITIES AND SHAREHOLDERS’ EQUITYCurrent LiabilitiesNotes payable to banks$28,150 $28,537 Trade accounts payable78,868 60,816 Salaries and incentives58,881 58,169 Dividends payable45,540 46,558 Other current liabilities177,141 211,728 Total current liabilities388,580 405,808 Retirement Benefits and Deferred Compensation81,960 80,381 Operating Lease Liabilities14,947 12,278 Deferred Income Taxes38,727 37,822 Other Non-current Liabilities20,889 18,788 Shareholders’ EquityCommon stock165,637 169,394 Additional paid-in-capital970,332 955,051 Retained earnings1,337,956 1,509,264 Accumulated other comprehensive income (loss) 27,095 (49,574)Total shareholders’ equity2,501,020 2,584,135 Total Liabilities and Shareholders’ Equity$3,046,123 $3,139,212 

See notes