10-Q/APeriod: Q1 FY2016

BROWN & BROWN, INC. Quarterly Report (Amendment) for Q1 Ended Mar 31, 2016

Filed August 18, 2017For Securities:BRO

Summary

This filing is an amendment to BROWN & BROWN, INC.'s (BRO) 10-Q for the period ending March 30, 2016, filed on August 17, 2017. The amendment primarily consists of exhibits, including certifications from the CEO and CFO regarding the accuracy of the financial statements (Rules 13a-14(a)/15d-14(a) and Section 1350), as well as XBRL (eXtensible Business Reporting Language) related documents. Investors should note that this amendment does not appear to introduce new financial data or operational updates for the period. Instead, it serves to provide the necessary certifications and digital tagging for regulatory compliance. For a comprehensive understanding of the company's financial performance and business operations during that period, investors should refer to the original 10-Q filing and any subsequent reports that include updated financial information.

Financial Highlights

49 data points
Beta

Revenue

$404.30M

Net Income

$56.95M

14.1% Net Margin

EPS (Diluted)

$0.20

Total Assets

$4.84B

Cash & Equivalents

$340.73M

Free Cash Flow

$46.98M

Financial Statements
Beta
Revenue$404.30M
Operating Expenses$310.52M
Interest Expense$9.85M
Net Income$56.95M
EPS (Basic)$0.20
EPS (Diluted)$0.20
Shares Outstanding (Basic)278.72M
Shares Outstanding (Diluted)282.97M

Key Highlights

  • 1Amendment to the 10-Q filing for the period ending March 30, 2016.
  • 2Filed on August 17, 2017, by BROWN & BROWN, INC. (BRO).
  • 3Primarily contains supplementary exhibits, not new financial data.
  • 4Includes CEO and CFO certifications regarding financial statement accuracy.
  • 5Contains Section 1350 certifications from the CEO and CFO.
  • 6Includes a comprehensive set of XBRL (eXtensible Business Reporting Language) documents for enhanced data transparency.
  • 7Focus is on regulatory compliance and digital reporting standards.

Frequently Asked Questions

This filing is an amendment (10-Q/A) to BROWN & BROWN, INC.'s previously filed quarterly report (10-Q). Its primary purpose is to provide supplemental exhibits, including required certifications from the CEO and CFO and XBRL documents, ensuring regulatory compliance rather than introducing new financial performance data.

No, this filing is an amendment that mainly consists of exhibits like certifications and XBRL documents. It does not appear to present updated financial results or operational insights for the period ending March 30, 2016. Investors should refer to the original 10-Q filing and subsequent reports for financial performance details.

The XBRL documents (Instance Document, Taxonomy Extension Schema, Calculation Linkbase, Definition Linkbase, Label Linkbase, and Presentation Linkbase) are part of the company's adoption of eXtensible Business Reporting Language. These documents provide standardized, machine-readable financial data, enhancing transparency and facilitating analysis for investors and regulators.

Yes, the certifications from the Chief Executive Officer and Chief Financial Officer under Rules 13a-14(a)/15d-14(a) and Section 1350 are important. They attest to the accuracy and fair presentation of the financial statements, providing a level of assurance to investors about the integrity of the reported financial information.