Company Quick10K Filing
Blue Bird
10-Q 2020-01-04 Filed 2020-02-13
10-K 2019-09-28 Filed 2019-12-12
10-Q 2019-06-29 Filed 2019-08-08
10-Q 2019-03-30 Filed 2019-05-09
10-Q 2018-12-29 Filed 2019-02-07
10-K 2018-09-29 Filed 2018-12-12
10-Q 2018-06-30 Filed 2018-08-08
10-Q 2018-03-31 Filed 2018-05-10
10-Q 2017-12-30 Filed 2018-02-07
10-K 2017-09-30 Filed 2017-12-08
10-Q 2017-07-01 Filed 2017-08-04
10-Q 2017-04-01 Filed 2017-05-12
10-Q 2016-12-31 Filed 2017-02-09
10-K 2016-10-01 Filed 2016-12-15
10-Q 2016-07-02 Filed 2016-08-16
10-Q 2016-04-02 Filed 2016-05-23
10-Q 2016-01-02 Filed 2016-02-09
10-K 2015-10-03 Filed 2015-12-15
10-Q 2015-07-04 Filed 2015-08-18
10-Q 2015-04-04 Filed 2015-05-19
10-K 2014-12-31 Filed 2015-02-27
10-Q 2014-09-30 Filed 2014-11-14
10-Q 2014-06-30 Filed 2014-08-14
10-Q 2014-03-31 Filed 2014-05-13
8-K 2020-05-08 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-05-01 Officers, Regulation FD, Exhibits
8-K 2020-03-04 Officers, Shareholder Vote
8-K 2020-02-12 Earnings, Regulation FD, Exhibits
8-K 2019-12-11 Earnings, Regulation FD, Exhibits
8-K 2019-11-18 Officers
8-K 2019-11-12 Earnings, Regulation FD, Exhibits
8-K 2019-08-07 Earnings, Regulation FD, Exhibits
8-K 2019-05-09 Earnings, Regulation FD, Exhibits
8-K 2019-03-05 Shareholder Vote
8-K 2019-02-06 Earnings, Regulation FD, Exhibits
8-K 2018-12-06 Earnings, Regulation FD, Exhibits
8-K 2018-12-04 Officers, Exhibits
8-K 2018-10-24 Regulation FD, Other Events, Exhibits
8-K 2018-09-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-08-08 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-06-14 Other Events, Exhibits
8-K 2018-05-10
8-K 2018-04-03 Regulation FD, Other Events, Exhibits
8-K 2018-03-05 Shareholder Vote
8-K 2018-02-07 Earnings, Regulation FD, Exhibits

Blue Bird Financials

BLBD Metrics, Comps, Filings

Quarterly | Annual

Business

The Company (formerly Hennessy Capital Acquisition Corp.) was incorporated in Delaware on September 24, 2013 as a special purpose acquisition company, or SPAC. On February 24, 2015, the Company consummated a business combination (the "Business Combination"), pursuant to which the Company acquired all of the outstanding capital stock of School Bus Holdings Inc. ("School Bus Holdings" or "SBH") from The Traxis Group, B.V. (the "Seller"), in accordance with the purchase agreement, dated as of September 21, 2014, by and among the Company, the Seller and Hennessy Capital Partners I LLC, as amended on February 10, 2015 and February 18, 2015 (the "Purchase Agreement"). Pursuant to the Purchase Agreement, the total purchase price was paid in a combination of cash in the amount of $100.0 million and 12,000,000 shares of the Company's common stock, $0.0001 par value (the "Common Stock"), valued at $120.0 million.

In connection with the closing of the Business Combination, the Company changed its name from Hennessy Capital Acquisition Corp. to Blue Bird Corporation. Unless expressly stated otherwise in this Report, Blue Bird Corporation shall be referred to as "Blue Bird" or the "Company," and includes its consolidated subsidiaries.

The following description of our business describes the business historically operated by School Bus Holdings and its subsidiaries under the "Blue Bird" name as an independent enterprise prior to the Business Combination and as subsidiaries of Blue Bird Corporation (formerly Hennessy Capital Acquisition Corp.) after the Business Combination.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Caterpillar (CAT) 72,257,572 31% 10.6 6% 77,993,000 63,000,000 54,998,000 16,786,000 4,997,000 8,400,000 88,800,572
CNH Industrial (CNHI) 12,317,050 0% 46,100,000 41,002,000 0 0 0 0 6,514,050
Terex (TEX) 1,884,750 21% 16.8 1% 3,160,700 2,294,400 3,468,100 719,200 29,900 153,300 2,575,850
Douglas Dynamics (PLOW) 1,032,699 30% 50.2 0% 766,909 466,905 563,237 166,572 0 25,284 1,270,240
Hyster-Yale Materials Handling (HY) 921,596 16% 13.2 2% 1,838,200 1,295,700 3,294,700 521,500 32,200 90,200 1,187,896
Columbus McKinnon (CMCO) 901,771 35% 11.3 5% 1,071,379 607,561 854,469 298,555 54,137 97,560 1,100,911
Wabash National (WNC) 810,884 13% 7.4 6% 1,378,603 863,545 2,350,331 303,131 82,784 157,414 1,170,239
Astec Industries (ASTE) 715,227 24% 9.4 5% 815,669 198,085 886,389 211,836 40,661 73,079 689,859
Modine Manufacturing (MOD) 561,589 16% 6.6 2% 1,564,500 1,038,900 2,126,900 342,400 28,100 128,900 852,389
Green Brick Partners (GRBK) 532,754 21% 6.2 7% 865,789 337,087 746,658 157,360 61,222 78,658 491,522
Blue Bird (BLBD) 523,027 13% 11.5 7% 365,413 433,224 1,018,874 133,474 24,300 55,290 638,318
Ducommun (DCO) 522,474 21% 14.5 4% 689,554 405,775 698,345 144,783 24,263 51,090 742,161
Marine Products (MPX) 509,425 22% 15.3 21% 119,031 36,894 243,961 54,872 24,697 31,748 486,395
Spartan Motors (SPAR) 491,163 12% 20.0 3% 512,612 312,986 1,003,811 117,108 17,289 29,254 585,301
Forterra (FRTA) 476,435 19% 24.6 -1% 1,866,146 1,742,142 1,505,758 288,538 -16,607 65,100 1,601,116
Manitowoc (MTW) 443,587 19% 37.0 -3% 1,590,700 965,600 1,886,000 353,000 -40,900 18,500 685,187
Gencor Industries (GENC) 184,880 24% 12.1 6% 165,372 9,857 81,329 19,578 10,196 14,424 174,578
ASV Holdings (ASV) 16,748 13% 6.9 -0% 82,365 48,994 96,132 12,218 -361 3,750 25,879
Miller Industries (MLR)

Balance Sheet ($'000)2014-03-312014-06-302014-09-302014-12-312015-04-042015-07-042015-10-032016-01-022016-04-022016-07-022016-10-012016-12-312017-04-012017-07-012017-09-302017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Cash1,02581847711922,61827,82352,86116,63228,61542,70252,30912,99938,43250,31162,61623,20810,34941,92460,26018,81825,60029,07570,959
Accounts Receivable13,04833,81513,74612,4066,06719,75420,31518,9526,87134,18010,1486,27912,19022,56924,06710,2748,27240,22910,537
Inventory84,521106,52049,18071,48892,858101,41253,80671,865110,424126,60276,15574,332105,387113,02757,33384,217125,940140,68878,830
PP&E27,60627,88087,23128,47129,37630,67297,25533,00033,35134,156104,29336,18538,12648,910140,74781,58692,48594,727172,415
Assets116,088115,882115,533115,170261,656307,622267,903250,969279,359310,252277,866257,826309,328366,780295,816248,837277,215331,538307,430297,705355,370408,378365,413
Accounts Payable1,4381,39187,704115,86679,33366,40697,494129,44580,64667,949109,429135,41787,33160,66996,125132,86495,78065,906112,886135,902102,266
Long-Term Debt229,125226,188198,250205,312192,375164,438161,500160,000158,000156,000154,000152,000150,000148,000146,150213,675211,200213,725186,250
Liabilities3,8103,9946,9808,410407,249441,468389,133372,499398,514409,303364,840350,944391,521426,412354,326314,153347,167376,015335,766377,416432,960469,564433,224
Stockholders' Equity5,0005,0005,0005,000-145,593-133,846-121,230-121,530-119,155-99,051-86,974-93,118-82,193-59,632-58,510-65,316-69,952-44,477-28,336-79,711-77,590-61,186-67,811
Income Statement ($'000)2014-03-312014-06-302014-09-302014-12-312015-04-042015-07-042015-10-032016-01-022016-04-022016-07-022016-10-012016-12-312017-04-012017-07-012017-09-302017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Revenue0000183,018262,653307,624131,333191,208323,055286,414136,660208,651332,604312,687162,549216,628314,186331,613154,926211,642308,774343,532
Cost of Revenue159,988225,991266,399112,580166,094276,247247,733118,462184,002287,594273,176141,901194,960277,213288,914135,816185,688266,992296,904
Gross Profit23,03036,66241,22518,75325,11446,80838,68118,19824,64945,01039,51120,64821,66836,97342,69919,11025,95441,78246,628
R&D
SG&A1323943,3555,15833,95017,40417,74817,07918,74545,50521,38218,19219,25916,33119,04925,91818,74120,95023,14617,27322,92820,99628,445
Tax22222241-4,2514,3234,8022099738873,9205031,1308,3027,1021,3523,57169892,3163,2482,155
Net Income-132-390-3,335-5,129-11,09510,68315,972-2,3371,394-2,93410,777-8,5232,74820,03214,544-7,8391,83621,89114,932-1,220-67314,60111,592
Cash Flow ($'000)2014-03-312014-06-302014-09-302014-12-312015-04-042015-07-042015-10-032016-01-022016-04-022016-07-022016-10-012016-12-312017-04-012017-07-012017-09-302017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Cash Operating-123-203-548-7039,77255,004-41,56628,19534,6323,844-32,20622,88115,07641,890-33,80875140,07941,331-48,20821,4367,65974,819
Cash Investing04-1,595-1,763-1,671-2,266-2,574-3,072-2,956-2,157-2,033-2,058-3,449-3,572-8,539-16,544-10,787-11,919-7,448-5,313
Cash Financing116,1460-2-2-2,972-28,2037,008-13,946-17,9718,835-4,1484,709-1,164-27,527-2,151-10,03835-6,45117,553-2,7353,264-27,622