MOOG INC
For the period ended Dec 30, 2023. Filed Jan 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 30, 2023 · Filed Jan 26, 2024
MOG-A$342.62+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Shareholders' Equity
| Three Months Ended | ||
|---|---|---|
| (dollars in thousands) | December 30,2023 | December 31,2022 |
| COMMON STOCK | ||
| Beginning and end of period | $51,280 | $51,280 |
| ADDITIONAL PAID-IN CAPITAL | ||
| Beginning of period | 608,270 | 516,123 |
| Issuance of treasury shares | 2,160 | 2,228 |
| Equity-based compensation expense | 3,454 | 2,443 |
| Adjustment to market - SECT and SERP | 59,377 | 29,717 |
| End of period | 673,261 | 550,511 |
| RETAINED EARNINGS | ||
| Beginning of period | 2,496,979 | 2,360,055 |
| Net earnings | 47,812 | 46,016 |
| Dividends (1) | (8,619) | (8,257) |
| End of period | 2,536,172 | 2,397,814 |
| TREASURY SHARES AT COST | ||
| Beginning of period | (1,057,938) | (1,047,012) |
| Class A and B shares issued related to compensation | 995 | 1,724 |
| Class A and B shares purchased | (8,711) | (10,447) |
| End of period | (1,065,654) | (1,055,735) |
| STOCK EMPLOYEE COMPENSATION TRUST ("SECT") | ||
| Beginning of period | (114,769) | (73,602) |
| Issuance of shares | 5,001 | 2,561 |
| Purchase of shares | (3,971) | (1,753) |
| Adjustment to market | (32,634) | (16,895) |
| End of period | (146,373) | (89,689) |
| SUPPLEMENTAL RETIREMENT PLAN ("SERP") TRUST | ||
| Beginning of period | (93,126) | (58,989) |
| Adjustment to market | (26,743) | (12,822) |
| End of period | (119,869) | (71,811) |
| ACCUMULATED OTHER COMPREHENSIVE LOSS | ||
| Beginning of period | (254,609) | (311,042) |
| Other comprehensive income | 33,009 | 53,853 |
| End of period | (221,600) | (257,189) |
| TOTAL SHAREHOLDERS’ EQUITY | $1,707,217 | $1,525,181 |
| See accompanying Notes to Consolidated Condensed Financial Statements. | ||
(1)Cash dividends were $0.27 per share for the three months ended December 30, 2023 and $0.26 per share for three months ended December 31, 2022.
Consolidated Condensed Statements of Shareholders’ Equity, Shares
| Three Months Ended | ||
|---|---|---|
| (share data) | December 30,2023 | December 31,2022 |
| COMMON STOCK - CLASS A | ||
| Beginning of period | 43,822,344 | 43,806,835 |
| Conversion of Class B to Class A | 3,573 | — |
| End of period | 43,825,917 | 43,806,835 |
| COMMON STOCK - CLASS B | ||
| Beginning of period | 7,457,369 | 7,472,878 |
| Conversion of Class B to Class A | (3,573) | — |
| End of period | 7,453,796 | 7,472,878 |
| TREASURY SHARES - CLASS A COMMON STOCK | ||
| Beginning of period | (14,657,897) | (14,614,444) |
| Class A shares issued related to compensation | 18,411 | 35,550 |
| Class A shares purchased | (7,533) | (87,614) |
| End of period | (14,647,019) | (14,666,508) |
| TREASURY SHARES - CLASS B COMMON STOCK | ||
| Beginning of period | (2,896,845) | (3,020,291) |
| Class B shares issued related to compensation | 64,263 | 72,740 |
| Class B shares purchased | (59,112) | (44,350) |
| End of period | (2,891,694) | (2,991,901) |
| SECT - CLASS A COMMON STOCK | ||
| Beginning and end of period | (425,148) | (425,148) |
| SECT - CLASS B COMMON STOCK | ||
| Beginning of period | (592,128) | (611,942) |
| Issuance of shares | 37,308 | 30,069 |
| Purchase of shares | (29,780) | (20,727) |
| End of period | (584,600) | (602,600) |
| SERP - CLASS B COMMON STOCK | ||
| Beginning and end of period | (826,170) | (826,170) |
| See accompanying Notes to Consolidated Condensed Financial Statements. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.