Badger Meter Files 2023 10-K, Details Equity Plans
Ticker: BMI · Form: 10-K · Filed: 2024-02-16T00:00:00.000Z
Sentiment: neutral
Topics: earnings, equity, annual-report
TL;DR
**Badger Meter just dropped its 2023 10-K, giving us the full financial picture including equity details!**
AI Summary
BADGER METER INC (BMI) filed its 10-K on February 16, 2024, for the fiscal year ending December 31, 2023. The filing details financial information, including employee stock options under the Omnibus Incentive Plan for 2022 and changes in retained earnings as of December 31, 2022. It also mentions common stock as of February 28, 2023, and performance shares as of December 31, 2022.
Why It Matters
This filing provides a comprehensive overview of Badger Meter's financial health and operational performance for the past fiscal year, crucial for investors and stakeholders to assess the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The filing provides standard financial disclosures, and without specific adverse events mentioned, the risk is moderate, typical for a public company's annual report.
Key Players & Entities
- BADGER METER INC (company) — Filer of the 10-K
- 0000009092 (company) — Central Index Key (CIK) for BADGER METER INC
- 20231231 (date) — Conformed Period of Report
- 20240216 (date) — Filed As Of Date
- Omnibus Incentive Plan (company) — Plan for employee stock options
FAQ
What is the Central Index Key (CIK) for BADGER METER INC?
The Central Index Key (CIK) for BADGER METER INC is 0000009092.
When was the 10-K filing submitted?
The 10-K filing was submitted on February 16, 2024 (Filed As Of Date: 20240216).
What is the fiscal year end for BADGER METER INC?
The fiscal year end for BADGER METER INC is December 31 (1231).
What type of incentive plan is mentioned in relation to employee stock options?
The Omnibus Incentive Plan is mentioned in relation to employee stock options for BADGER METER INC.
What was the date of the last name change for BADGER METER INC?
The last name change for BADGER METER INC (formerly BADGER METER MANUFACTURING CO) was on July 29, 1971 (19710729).
From the Filing
0000950170-24-016245.txt : 20240216 0000950170-24-016245.hdr.sgml : 20240216 20240216132648 ACCESSION NUMBER: 0000950170-24-016245 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 99 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BADGER METER INC CENTRAL INDEX KEY: 0000009092 STANDARD INDUSTRIAL CLASSIFICATION: TOTALIZING FLUID METERS & COUNTING DEVICES [3824] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 390143280 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06706 FILM NUMBER: 24647256 BUSINESS ADDRESS: STREET 1: 4545 WEST BROWN DEER ROAD CITY: MILWAUKEE STATE: WI ZIP: 53223 BUSINESS PHONE: 4143715702 MAIL ADDRESS: STREET 1: 4545 W BROWN DEER RD CITY: MILWAUKEE STATE: WI ZIP: 53223 FORMER COMPANY: FORMER CONFORMED NAME: BADGER METER MANUFACTURING CO DATE OF NAME CHANGE: 19710729 10-K 1 bmi-20231231.htm 10-K 10-K false FY 0000009092 http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementBenefitExpense http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementBenefitExpense http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementBenefitExpense 1 year 1 year 1 year 1 year 1 year 1 Year http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0000009092 srt:MaximumMember 2023-06-30 0000009092 us-gaap:EmployeeStockOptionMember 2022-01-01 2022-12-31 0000009092 bmi:OmnibusIncentivePlanMember us-gaap:EmployeeStockOptionMember 2022-01-01 2022-12-31 0000009092 us-gaap:RetainedEarningsMember 2022-12-31 0000009092 us-gaap:CommonStockMember 2023-02-28 0000009092 us-gaap:PerformanceSharesMember 2022-12-31 0000009092 2023-09-30 0000009092 bmi:DefinedContributionFeatureMember 2022-01-01 2022-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000009092 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000009092 country:US 2023-01-01 2023-12-31 0000009092 bmi:OmnibusIncentivePlanMember us-gaap:EmployeeStockOptionMember 2021-12-31 0000009092 us-gaap:RetainedEarningsMember 2020-12-31 0000009092 country:CA 2021-01-01 2021-12-31 0000009092 2021-07-08 0000009092 us-gaap:RestrictedStockMember 2022-01-01 2022-12-31 0000009092 srt:AsiaMember 2021-01-01 2021-12-31 0000009092 us-gaap:PerformanceSharesMember 2021-12-31 0000009092 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2022-12-31 0000009092 us-gaap:TradeNamesMember 2022-12-31 0000009092 bmi:OmnibusIncentivePlanMember us-gaap:RestrictedStockMember 2023-12-31 0000009092 us-gaap:RestrictedStockMember 2023-01-01 2023-12-31 0000009092 us-gaap:RestrictedStockMember 2023-12-31 0000009092 us-gaap:QualifiedPlanMember 2022-01-01 2022-12-31 0000009092 us-gaap:RestrictedStockMember 2021-01-01 2021-12-31 0000009092 us-gaap:MiddleEastMember 2023-01-01 2023-12-31 0000009092 srt:EuropeMember 2022-01-01 2022-12-31 0000009092 us-gaap:DomesticCountryMember 2023-12-31 0000009092 country:US 2023-12-31 0000009092 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember bmi:AccruedNonPensionPostretirementBenefitsMember 2022-12-31 0000009092 bmi:OmnibusIncentivePlanMember 2023-12-31 0000009092 us-gaap:EmployeeStockOptionMember 2021-01-01 2021-12-31 0000009092 us-gaap:LicensingAgreementsMember 2022-12-31 0000009092 us-gaap:CustomerRelationshipsMember 2022-12-31 0000009092 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000009092 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2022-12-31 0000009092 us-gaap:BuildingAndBuildingImprovementsMember srt:MinimumMember 2023-12-31 0000009092 bmi:OmnibusIncentivePlanMember 2022-12-31 0000009092 country:CA 2023-01-01 2023-12-31 0000009092 us-gaap:AdditionalPaidInCapitalMember 202