Business Context and Reporting Period
Company: Brunswick Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: July 30, 2009
Reporting Period: Second Quarter 2009
This filing serves as a notification that Brunswick Corporation has announced its financial results for the second quarter of 2009. The detailed earnings information is contained in a news release incorporated by reference as Exhibit 99.1.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, and Liquidity: The text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are located in the referenced news release (Exhibit 99.1) and are not included in the body of this filing.
Material Changes
The filing does not detail specific material changes versus the prior comparable period. It solely references the announcement of second-quarter results.
Guidance, Outlook, and Management Commentary
Non-GAAP Measures: Management utilizes non-GAAP financial measures, including "free cash flow," to evaluate ongoing business performance. Brunswick defines free cash flow as cash flow from operating and investing activities (excluding acquisitions and investments) and excluding financing activities. Management believes these measures allow investors to view performance using the same tools used internally.
Legal Disclaimer: The information in this report and the attached exhibit is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference in other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release dated July 30, 2009) for specific Q2 2009 revenue, earnings, and cash flow figures.
- Verify the reconciliation between GAAP and non-GAAP measures, specifically the calculation of "free cash flow."
- Confirm if the news release contains updated guidance or outlook for the remainder of 2009.
- Check for any specific risk factors or contingencies detailed in the full earnings release that are not summarized in this 8-K.