Short answer
Moog Inc (MOG-A) filed its Q4 2018 10-Q quarterly report on Jan 25, 2019 for the quarter ended Dec 29, 2018.
Moog Inc Q4 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net sales increased across all segments, though quarterly dollar revenue and YoY percentage were not visible in provided tables
- Gross margin 29.4% vs 29.4% YoY, SG&A margin 14.2% vs 15.1%
- Industrial Systems best performer: operating margin 12.6% vs 9.2%; Space and Defense Controls weakest: 11.8% vs 12.3%
- Cash $111M; financing outflows $59M, including $46M credit-facility repayments and $9M dividends
- 2019 EPS guidance $5.05-$5.45, midpoint $5.25; defense growth expected, future defense spending beyond 2019 uncertain
Risk Factors
- Newly added ASC 606 revenue-recognition risk, triggered by Q1 2019 adoption using the modified retrospective method
- Contract-estimate risk: quarterly cost-to-cost revisions can create cumulative catch-up adjustments on firm-fixed-price contracts
- Regulatory compliance risk: U.S. Government contracts represented a significant portion of over-time revenue recognition under ASC 606
- Operational risk: performance obligations concentrated in complex, interdependent products requiring significant integration
- Financial risk: long-term debt of $815,107 thousand and cash of $110,759 thousand at December 29, 2018
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Moog Inc quarterly reports
- Q2 2019 10-QFiled Jul 26, 2019
- Q1 2019 10-QFiled Apr 26, 2019
- Q2 2018 10-QFiled Jul 27, 2018
- Q1 2018 10-QFiled Apr 27, 2018
- Q4 2017 10-QFiled Jan 26, 2018
- Q3 2017 10-QFiled Jul 28, 2017
- Q2 2017 10-QFiled Apr 28, 2017
- Q4 2016 10-QFiled Jan 31, 2017
- Q3 2016 10-QFiled Aug 1, 2016
- Q2 2016 10-QFiled May 2, 2016
- Q1 2016 10-QFiled Feb 1, 2016
- Q3 2015 10-QFiled Aug 4, 2015
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