A Bunch More MD&A Examples with the Third Year Back Omitted!

Jan 21, 2020

By George Wilson

A Bunch More MD&A Examples with the Third Year Back Omitted!

 

In two recent posts we linked to examples of companies that have used the new Disclosure Modernization and Simplification opportunity to omit the third year back from MD&A. Check out the comments at the bottom of this post for more examples.  And, one of the members of PLI's blog community, Alyson Clabaugh from Intelligize, has been working on finding more examples. She has built this treasure trove of examples!


WOODWARD, INC.  10-K  (FY 2019)          11/25/2019

https://apps.intelligize.com/SECFilings/View/Filings/18137272

For a discussion of the 2018 Results of Operations, including a discussion of the financial results for the fiscal year ended September 30, 2018 compared to the fiscal year ended September 30, 2017, refer to Part I, Item 7 of our Form 10-K filed with the SEC on November 13, 2018.

 

BRIGHTVIEW HOLDINGS, INC.  10-K  (FY 2019)     11/21/2019

https://apps.intelligize.com/SECFilings/View/Filings/18128052

For discussion around results of operations for the nine months ended September 30, 2017 and for a comparison of our results for the fiscal year ended September 30, 2018 and twelve months ended September 30, 2017 see Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, of our Annual Report on Form 10-K for fiscal year ended September 30, 2018, filed with the SEC on November 28, 2018.

 

KEY TRONIC CORP  10-K  (FY 2019) 9/12/2019

https://apps.intelligize.com/SECFilings/View/Filings/18018826

To review the results of operations comparison of the fiscal year ended June 30, 2018 with the fiscal year ended July 1, 2017, please refer to our Form 10-K filed September 10, 2018 with the Securities and Exchange Commission or follow the link below.

https://www.sec.gov/Archives/edgar/data/719733/000071973318000054/ktcc-06302018x10k.htm

 

ADTALEM GLOBAL EDUCATION INC.  10-K  (FY 2019)        8/28/2019

https://apps.intelligize.com/SECFilings/View/Filings/17997774

The following discussion is on the comparison between fiscal year 2018 and fiscal year 2019 results. For a discussion on the comparison between fiscal year 2017 and fiscal year 2018 results, see the Management’s Discussion and Analysis of Financial Condition and Results of Operations included in Adtalem’s Annual Report on Form 10-K for the fiscal year ended June 30, 2018, as filed with the Securities and Exchange Commission (“SEC”).

 

ETHAN ALLEN INTERIORS INC  10-K  (FY 2019)      8/9/2019

https://apps.intelligize.com/SECFilings/View/Filings/17967420

For a comparison of our results of operations for the fiscal years ended June 30, 2018 and 2017, see Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, of our Annual Report on Form 10-K for the fiscal year ended June 30, 2018, filed with the SEC on August 2, 2018.

 

PROCTER & GAMBLE CO  10-K  (FY 2019)              8/6/2019

https://apps.intelligize.com/SECFilings/View/Filings/17957753

A detailed discussion of the fiscal 2018 year-over-year changes can be found in the MD&A section in the Form 8-K filed October 22, 2018, which updated our Form 10-K for the year ended June 30, 2018, to revise disclosures to reflect the adoption of the Financial Accounting Standards Board (FASB) ASU 2017-07 and 2016-18. For more information on the adoption of this standard, refer to Note 1 to the Consolidated Financial Statements.

 

DARDEN RESTAURANTS INC  10-K  (FY 2019)        7/19/2019

https://apps.intelligize.com/SECFilings/View/Filings/17928523

For a comparison of our results of operations for the fiscal years ended May 27, 2018 and May 28, 2017, see “Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our annual report on Form 10-K for the fiscal year ended May 27, 2018, filed with the SEC on July 20, 2018.

 

RESOURCES CONNECTION INC  10-K  (FY 2019)    7/19/2019

https://apps.intelligize.com/SECFilings/View/Filings/17927982

For a comparison of our results of operations for the fiscal years ended May 26, 2018 and May 27, 2017, see “Part II, Item 7. Management’s Discussion and Analysis of Financial Conditions and Results of Operations” of our Annual Report on Form 10-K for the fiscal year ended May 26, 2018, filed with the SEC on July 23, 2018 (File No. 0-32113).

 

ELASTIC N.V.  10-K  (FY 2019)      6/28/2019

https://apps.intelligize.com/SECFilings/View/Filings/17900516

For a discussion of our consolidated statement of operations data for the fiscal year ended April 30, 2018 compared to the year ended April 30, 2017 and as a percentage of revenue for that period, see “Management’s Discussion and Analysis of Financial Condition and Results of Operations” the Company’s final prospectus for its IPO filed with the SEC pursuant to Rule 424(b)(4) under the Securities Act of 1933, as amended (File No. 333-227191) on October 5, 2018.

 

ADVANCED DRAINAGE SYSTEMS, INC.  10-K  (FY 2019)     5/30/2019

https://apps.intelligize.com/SECFilings/View/Filings/17851913

The discussion of our results of operations for the fiscal year ended March 31, 2018 compared with the fiscal year ended March 31, 2017 can be found in our fiscal 2018 Form 10-K. See Item 7. Management’s Discussion and Analysis of Financial Discussion and Results of Operations in our fiscal 2018 Form 10-K for further information on our prior period results of operations.

 

ABIOMED INC  10-K  (FY 2019)    5/23/2019

https://apps.intelligize.com/SECFilings/View/Filings/17838810

For a comparison of our results of operations for the fiscal years ended March 31, 2018 and March 31, 2017, see “Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our annual report on Form 10-K for the fiscal year ended March 31, 2018, filed with the SEC on May 24, 2018.

 

EAGLE MATERIALS INC  10-K  (FY 2019)   5/23/2019

https://apps.intelligize.com/SECFilings/View/Filings/17839359

FISCAL YEAR 2019 COMPARED WITH FISCAL YEAR 2018

Please see our Form 10-K for fiscal year 2018 for the discussion of our Results of Operations and results of Revenue and Operating Income by segment for fiscal 2018 compared with fiscal 2017. Our 2018 Form 10-K can be found on the investor page of our website, at www.eaglematerials.com.

 

NEW RELIC, INC.  10-K  (FY 2019)              5/15/2019

https://apps.intelligize.com/SECFilings/View/Filings/17818700

The following tables summarize our consolidated statements of operations data for the fiscal years ended March 31, 2019 and March 31, 2018 and as a percentage of our revenue for those periods. For a discussion of our consolidated statement of operations data for the fiscal year ended March 31, 2017 and as a percentage of revenue for that period, see “Results of Operations for Fiscal Years Ended March 31, 2018, 2017, and 2016” in Part II, Item 7 of our Annual Report on Form 10-K for the fiscal year ended March 31, 2018, filed with the SEC on May 11, 2018.

 

 ARROWHEAD PHARMACEUTICALS, INC.  10-K  (FY 2019)  11/25/2019

https://apps.intelligize.com/SECFilings/View/Filings/18136363

Results of Operations Comparison for 2018 and 2017

For a discussion of our results of operations comparison for 2018 and 2017, refer to our Annual Report on Form 10-K for the fiscal year ended September 30, 2018 filed on December 11, 2018.

 

HORTON D R INC /DE/  10-K  (FY 2019)    11/25/2019

https://apps.intelligize.com/SECFilings/View/Filings/18135171

For similar operating and financial data and discussion of our fiscal 2018 results compared to our fiscal 2017 results, refer to Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” under Part II of our annual report on Form 10-K for the fiscal year ended September 30, 2018, which was filed with the SEC on November 16, 2018.

 

JACK IN THE BOX INC /NEW/  10-K  (FY 2019)       11/21/2019

https://apps.intelligize.com/SECFilings/View/Filings/18130004

Results of operations - an analysis of our consolidated statements of earnings for fiscal 2019 compared to fiscal 2018. For a comparison of our results of operations for the fiscal 2018 compared to fiscal 2017 can be found under “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2018, filed with the SEC on November 21, 2018.

 

TRANSDIGM GROUP INC  10-K  (FY 2019)              11/19/2019

https://apps.intelligize.com/SECFilings/View/Filings/18124389

Fiscal year ended September 30, 2018 compared with fiscal year ended September 30, 2017

For our results of operations for fiscal 2018 compared with fiscal 2017, refer to the discussion in Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of Form 10-K for the fiscal year ended September 30, 2018, as filed with the Securities and Exchange Commission on November 9, 2018.

 

AUTOZONE INC  10-K  (FY 2019) 10/28/2019

https://apps.intelligize.com/SECFilings/View/Filings/18078013

Fiscal 2018 Compared with Fiscal 2017

A discussion of changes in our results of operations from fiscal 2017 to fiscal 2018 has been omitted from this Form 10-K, but may be found in “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our Form 10-K for the fiscal year ended August 25, 2018, filed with the SEC on October 24, 2018, which is available free of charge on the SECs website at www.sec.gov and at www.autozone.com, by clicking “Investor Relations” located at the bottom of the page.

 

WD 40 CO  10-K  (FY 2019)          10/22/2019

https://apps.intelligize.com/SECFilings/View/Filings/18070588

Fiscal Year Ended August 31, 2018 Compared to Fiscal Year Ended August 31, 2017

For discussion related to changes in financial condition and the results of operations for fiscal year 2018 compared to fiscal year 2017, refer to Part II - Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations included in the Company’s Annual Report on Form 10-K for the fiscal year ended August 31, 2018, which was filed with the SEC on October 22, 2018.

 

KIMBALL ELECTRONICS, INC.  10-K  (FY 2019)       8/27/2019

https://apps.intelligize.com/SECFilings/View/Filings/17995496

A discussion regarding our financial condition and results of operations for fiscal year 2019 compared to fiscal year 2018 is presented below. A discussion regarding our financial condition and results of operations for fiscal year 2018 compared to fiscal year 2017 can be found under captions entitled “Results of Operations - Fiscal Year 2018 Compared with Fiscal Year 2017” and “Liquidity and Capital Resources” in the section entitled “Item 7 - Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our Annual Report on Form 10-K for the year ended June 30, 2018 filed with the SEC on August 28, 2018, which is available free of charge through the SEC’s website at http://www.sec.gov or the Company’s website, http://investors.kimballelectronics.com. The Company’s website and the information contained therein, or incorporated therein, are not intended to be incorporated into this Annual Report on Form 10-K.

 

LIFEVANTAGE CORP  10-K  (FY 2019)        8/14/2019

https://apps.intelligize.com/SECFilings/View/Filings/17976687

Comparison of Fiscal Years Ended June 30, 2018 and 2017

For a discussion of our results of operations for the fiscal 2018 compared with fiscal 2017, refer to “Part II. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-K for the fiscal year ended June 30, 2018, as filed with the SEC on August 15, 2018.

 

RESMED INC  10-K  (FY 2019)      8/8/2019

https://apps.intelligize.com/SECFilings/View/Filings/17961759

For discussion related to the results of operations and changes in financial condition for the fiscal year ended June 30, 2018 compared to fiscal year June 30, 2017, please refer to Item 7 of Part II, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report for the Year Ended June 30, 2018, which was filed with the United States Securities and Exchange Commission on August 17, 2018.

 

THERMON GROUP HOLDINGS, INC.  10-K  (FY 2019)         6/12/2019

https://apps.intelligize.com/SECFilings/View/Filings/17874036

Year Ended March 31, 2018 ("fiscal 2018") Compared to the Year Ended March 31, 2017 ("fiscal 2017")

See Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K/A for the fiscal year ended March 31, 2018 filed with the SEC on June 8, 2018 for a discussion of the results of operations in fiscal 2018 as compared to fiscal 2017.

 

TOYOTA MOTOR CREDIT CORP  10-K  (FY 2019)   6/4/2019

https://apps.intelligize.com/SECFilings/View/Filings/17859774

Fiscal 2018 Compared to Fiscal 2017

For a discussion comparing our consolidated results of operations for fiscal 2018 to fiscal 2017, see Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, “Results of Operations” in our Annual Report on Form 10-K for the fiscal year ended March 31, 2018, filed with the SEC on June 4, 2018.

 

NORTONLIFELOCK INC.  10-K  (FY 2019)  5/24/2019

https://apps.intelligize.com/SECFilings/View/Filings/17842177

Pursuant to instruction 1 of the instructions to paragraph 303(a) of Regulation S-K, discussion of the results of operations from fiscal year 2018 to fiscal year 2017 has been omitted. Such omitted discussion can be found under Item 7 of our annual report on Form 10-K for the fiscal year ended March 30, 2018, filed with the Commission on October 26, 2018.

 

ELECTRONIC ARTS INC.  10-K  (FY 2019)   5/24/2019

https://apps.intelligize.com/SECFilings/View/Filings/17840057

Comparison of Fiscal Year 2018 to Fiscal Year 2017

For the comparison of fiscal year 2018 to fiscal year 2017, refer to Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our Annual Report on Form 10-K for our fiscal year ended March 31, 2018, filed with the SEC on May 23, 2018 under the subheading “Comparison of Fiscal Year 2018 to Fiscal Year 2017.”

 

VISTA OUTDOOR INC.  10-K  (FY 2019)     5/23/2019

https://apps.intelligize.com/SECFilings/View/Filings/17839446

Please see Part III, Item 7 Management's Discussion and Analysis of Financial Condition and Results of Operation in our Annual Report on Form 10-K for the fiscal year ended March 31, 2018 filed with the SEC on May 18, 2018 for the results of operations for Fiscal 2018 compared to Fiscal 2017 and for other financial information related to Fiscal 2017.

 

8X8 INC /DE/  10-K  (FY 2019)      5/21/2019

https://apps.intelligize.com/SECFilings/View/Filings/17833863

For a discussion of our results of operations and liquidity and capital resources for the fiscal year ended March 31, 2017, see Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7 of our Annual Report on Form 10-K for the fiscal year ended March 31, 2017, filed with the Securities and Exchange Commission on May 30, 2018.

 

Thank you, Alyson, and as always, your thoughts and comments are welcome!

 


Other news

Cookies help us deliver our services. By using our services, you agree to our use of cookies.