10-Q/APeriod: Q3 FY2016

BROWN & BROWN, INC. Quarterly Report (Amendment) for Q3 Ended Sep 30, 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 September 29, 2016. It primarily concerns the submission of exhibits, including certifications from the CEO and CFO regarding the accuracy of financial reporting (Rule 13a-14(a)/15d-14(a) and Section 1350 certifications). Additionally, it includes XBRL-related documents for interactive data reporting. Investors should note that this amendment does not contain updated financial performance data or operational insights for the period. The core financial information would have been presented in the original 10-Q filing.

Financial Statements
Beta
Revenue$432.17M
Operating Expenses$319.34M
Interest Expense$9.88M
Net Income$67.43M
EPS (Basic)$0.24
EPS (Diluted)$0.23
Shares Outstanding (Basic)275.37M
Shares Outstanding (Diluted)280.08M

Key Highlights

  • 1Amendment to the 10-Q filing for the period ending September 29, 2016.
  • 2Includes certifications by the CEO and CFO affirming the accuracy of financial statements.
  • 3Contains Section 1350 certifications from the CEO and CFO.
  • 4Submission of XBRL Instance Document and related taxonomy extension documents.
  • 5XBRL data is embedded within an inline XBRL document, not as a separate instance document in the interactive data file.
  • 6No new financial performance data or management discussion is presented in this amendment.

Frequently Asked Questions

This filing is an amendment (10-Q/A) to a previous quarterly report. Its primary purpose is to submit additional exhibits, specifically CEO and CFO certifications regarding financial reporting accuracy and XBRL documents for interactive data presentation. It does not typically present new financial results.

No, this amendment does not contain updated financial results. It focuses on the submission of required certifications and XBRL documents related to the financial period ending September 29, 2016, which would have been reported in the original 10-Q filing.

These certifications are statements made by the Chief Executive Officer and Chief Financial Officer confirming that the financial reports comply with SEC regulations and accurately reflect the company's financial condition and results of operations. Section 1350 certifications specifically address the accuracy of financial reports under Sarbanes-Oxley.

XBRL (eXtensible Business Reporting Language) is a global standard for the digital reporting of business and financial data. The XBRL documents included in this filing allow for the tagging and electronic transmission of financial information, making it more accessible and analyzable for investors and regulators.