RBC Bearings Inc. Files Q3 2025 10-Q

TL;DR

**RBC Bearings Q3 2025 10-Q filed. Check financials.**

AI Summary

RBC Bearings Inc. filed its 10-Q for the quarterly period ended December 28, 2024. The company, incorporated in Delaware, reported its financial status and business operations. The filing details its principal executive offices located at One Tribology Center, Oxford, CT, and its telephone number is (203) 267-7001.

Why It Matters

This filing provides investors and analysts with an update on RBC Bearings' financial performance and operational status for the specified quarter, crucial for investment decisions.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks indicated in the provided snippet.

Key Players & Entities

• RBC Bearings INC (company) — Registrant
• December 28, 2024 (date) — Quarterly period end date
• One Tribology Center, Oxford, CT 06478 (location) — Principal executive offices address
• (203) 267-7001 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — ich Registered Common Stock, par value $0.01 per share RBC The New York Stock Exchan

Filing Documents

• ea0228752-10q_rbcbear.htm (10-Q) — 1242KB
• ea022875201ex31-01_rbcbear.htm (EX-31.01) — 10KB
• ea022875201ex31-02_rbcbear.htm (EX-31.02) — 10KB
• ea022875201ex32-01_rbcbear.htm (EX-32.01) — 4KB
• ea022875201ex32-02_rbcbear.htm (EX-32.02) — 4KB
• 0001213900-25-008804.txt ( ) — 5369KB
• rbc-20241228.xsd (EX-101.SCH) — 43KB
• rbc-20241228_cal.xml (EX-101.CAL) — 48KB
• rbc-20241228_def.xml (EX-101.DEF) — 193KB
• rbc-20241228_lab.xml (EX-101.LAB) — 388KB
• rbc-20241228_pre.xml (EX-101.PRE) — 212KB
• ea0228752-10q_rbcbear_htm.xml (XML) — 599KB

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 17 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 27 Item 4.

Controls and Procedures

Controls and Procedures 28 Part II - OTHER INFORMATION 29 Item 1.

Legal Proceedings

Legal Proceedings 29 Item 1A.

Risk Factors

Risk Factors 29 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 29 Item 3. Defaults Upon Senior Securities 30 Item 4. Mine Safety Disclosures 30 Item 5. Other Information 30 Item 6. Exhibits 30 i Part I. FINANCIAL INFORMATION Item 1. Consolidated Financial Statements RBC Bearings Incorporated Consolidated Balance Sheets (dollars in millions) December 28, 2024 March 30, 2024 ASSETS (Unaudited) Current assets: Cash and cash equivalents $ 60.6 $ 63.5 Accounts receivable, net of allowances of $ 4.7 as of December 28, 2024 and $ 4.4 as of March 30, 2024 256.1 255.2 Inventory 656.9 622.8 Prepaid expenses and other current assets 29.7 24.0 Total current assets 1,003.3 965.5 Property, plant and equipment, net 357.7 361.0 Operating lease assets, net 46.4 41.4 Goodwill 1,871.6 1,874.9 Intangible assets, net 1,341.6 1,391.9 Other noncurrent assets 45.1 43.9 Total assets $ 4,665.7 $ 4,678.6 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 130.1 $ 116.2 Accrued expenses and other current liabilities 152.9 167.3 Current operating lease liabilities 8.0 7.0 Current portion of long-term debt 1.7 3.8 Total current liabilities 292.7 294.3 Long-term debt, less current portion 999.7 1,188.1 Noncurrent operating lease liabilities 39.1 35.3 Deferred income taxes 270.9 284.2 Other noncurrent liabilities 124.1 124.8 Total liabilities 1,726.5 1,926.7 Stockholders' equity: Preferred stock, $ .01 par value; authorized shares: 10,000,000 as of December 28, 2024 and March 30, 2024, respectively; issued and outstanding shares: 0 and 4,600,000 as of December 28, 2024 and March 30, 2024, respectively — 0.0 Common stock, $ .01 par value; authorized shares: 60,000,000 at December 28, 2024 and March 30, 2024, respectively; issued and outstanding shares: 32,488,692 and 30,227,444 as of December 28, 2024 and March 30, 20

financial statements and notes thereto included in our Annual Report

financial statements and notes thereto included in our Annual Report. The results of operations for the three- and nine-month periods ended December 28, 2024 are not necessarily indicative of the operating results for the entire fiscal year ending March 29, 2025. The three-month periods ended December 28, 2024 and December 30, 2023 each included 13 weeks . The nine-month periods ended December 28, 2024 and December 30, 2023 each included 39 weeks . All dollar amounts contained in these financial statements and footnotes are stated in millions, except for per share data. 2. Significant Accounting Policies The Company's significant accounting policies are detailed in "Note 2 - Summary of Significant Accounting Policies" of our Annual Report. Significant changes to our accounting policies as a result of adopting new accounting standards are discussed below. Recent Accounting Standards Adopted Not Applicable. Recent Accounting Standards Yet to Be Adopted In November 2023, Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures . The amendments in ASU 2023-07 improve the disclosures about a public entity's reportable segments and address requests from investors for additional, more detailed information about a reportable segment's expenses. ASU 2023-07 is effective for annual reporting periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. We are currently evaluating the impact the standard will have on our consolidated financial statements. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures . The amendments in ASU 2023-09 address investor requests for more transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid inform

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View this 10-Q filing on SEC EDGAR