Financial Performance - Net sales for the three months ended March 28, 2020, were $765.3 million, an increase of 6.5% compared to $718.8 million for the same period in 2019[10] - Gross profit for the six months ended March 28, 2020, was $419.3 million, up 5.6% from $396.9 million in the prior year[10] - Net earnings for the three months ended March 28, 2020, were $49.7 million, representing a 21.5% increase from $41.1 million in the same period last year[10] - Basic net earnings per share for the three months ended March 28, 2020, were $1.49, compared to $1.18 for the same period in 2019, reflecting a 26.3% increase[10] - Net earnings for the six months ended March 28, 2020, were $99,772,000, compared to $83,828,000 for the same period in 2019, representing a growth of approximately 19.0%[25] - Comprehensive income for the three months ended March 28, 2020, was $31.3 million, down from $48.1 million in the same period last year[13] - Operating profit for the three months ended March 28, 2020, was $84.1 million, compared to $77.9 million for the same period in 2019, reflecting an increase of 8.9%[108] - The total operating profit for the six months ended March 28, 2020, was $174.8 million, compared to $157.2 million for the same period in 2019, reflecting a growth of 11.2%[108] Assets and Liabilities - Total assets as of March 28, 2020, were $3.38 billion, an increase from $3.11 billion as of September 28, 2019[16] - Total liabilities increased to $2.14 billion as of March 28, 2020, compared to $1.79 billion as of September 28, 2019[16] - Cash, cash equivalents, and restricted cash at the end of the period were $119,265,000, up from $112,072,000 at the end of the same period in 2019, showing an increase of about 6.2%[25] - Total receivables increased to $1,007,730 as of March 28, 2020, from $957,287 in September 28, 2019[61] - Inventories increased to $589,493 as of March 28, 2020, compared to $534,974 in September 28, 2019[62] - Goodwill increased to $810,354 as of March 28, 2020, from $784,240 in September 28, 2019[72] - Long-term debt as of March 28, 2020, totaled $1,093,966, an increase of 31.3% from $832,984 as of September 28, 2019[76] Cash Flow and Investments - Net cash provided by operating activities for the six months ended March 28, 2020, was $80,704,000, down from $108,848,000 in the prior year, indicating a decrease of about 26.0%[25] - The company reported a net cash used by investing activities of $111,434,000 for the six months ended March 28, 2020, compared to $57,524,000 in the same period of 2019, reflecting an increase of approximately 93.5%[25] - The company issued treasury shares as compensation amounting to $9,063,000 for the six months ended March 28, 2020, compared to $11,795,000 in the prior year[26] - The company used $54 million for the acquisition of GAT and $53 million for capital expenditures in the first half of 2020[162] Dividends and Shareholder Equity - The company declared dividends of $0.25 per share for both the three months ended March 28, 2020, and March 30, 2019[10] - Total shareholders' equity as of March 28, 2020, was $1,245,678 million, reflecting no change from the previous reporting period[38] - Cash dividends declared and paid were $0.25 per share for both Class A and Class B common stock in the first and second quarters of 2020 and 2019[105] Research and Development - Research and development expenses for the three months ended March 28, 2020, were $26.7 million, a decrease of 14.3% from $31.3 million in the same period last year[10] - Research and development expenses decreased by 15% in Q2 2020 to $27 million, down from $31 million in Q2 2019[137] Market and Operational Insights - The defense market remains stable with military spending not significantly impacted by the COVID-19 pandemic, although future spending levels are uncertain[186] - The commercial aircraft market is experiencing a shift from wide-body to longer range narrow-body aircraft due to reduced air traffic and financial pressures on airlines caused by the COVID-19 pandemic[187] - The demand for maintenance services and spare parts is expected to decrease substantially in the short term due to dramatic reductions in flight hours and cash preservation measures by airlines[188] - The industrial automation market is constrained by unfavorable economic conditions, which have affected supply chains, productivity, and customer demand[191] - The medical market has seen an unprecedented demand for medical equipment, particularly ventilators, due to the COVID-19 pandemic, leading to increased orders for critical motion control components[194] Tax and Pension Expenses - The effective tax rate for the three months ended March 28, 2020, was 19.2%, lower than the previous year's rate of 23.8% due to tax reductions in foreign jurisdictions[97][98] - U.S. defined benefit pension plans expense for the three months ended March 28, 2020, was $8,749 million, a decrease from $9,926 million in the same period of 2019[95] - Non-U.S. defined benefit pension plans expense for the three months ended March 28, 2020, was $2,438 million, an increase from $1,680 million in the same period of 2019[95] Revenue Recognition - The over-time method of revenue recognition was predominantly used in Aircraft Controls and Space and Defense Controls, with 65% and 64% of revenue recognized over time for the three and six months ended March 28, 2020, respectively[49] - Revenue recognized at the point in time control was transferred to the customer was 35% and 36% for the three and six months ended March 28, 2020[54] - The company recognized lower revenues of $4,941 million and higher revenues of $9,678 million for adjustments made to performance obligations in the three and six months ended March 28, 2020, respectively[50] Future Outlook - The company is committed to maintaining adequate liquidity during the COVID-19 crisis, focusing on financial health and operational performance[124] - The company has established adequate reserves for environmental legal proceedings and does not expect these matters to materially affect financial conditions[111] - The company plans to adopt ASU no. 2018-15 for capitalizing implementation costs of cloud computing arrangements in Q1 2021[31]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Table of Contents FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 28, 2019 Commission file number 1-05129 MOOG Inc. (Exact name of registrant as specified in its charter) New York 16-0757636 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 400 Jamison Rd East Aurora, New York 14052-0018 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 28, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 1-05129 MOOG Inc. (Exact name of registrant as specified in its charter) New York 16-0757636 (Stat ...

Financial Performance - Net sales for the three months ended June 29, 2019, were $740.97 million, a 7.0% increase from $692.02 million for the same period in 2018[10] - Gross profit for the nine months ended June 29, 2019, was $608.82 million, compared to $574.98 million for the same period in 2018, reflecting a 5.9% increase[10] - Net earnings attributable to Moog for the three months ended June 29, 2019, were $47.47 million, up 16.9% from $40.68 million in the same period of 2018[10] - Basic net earnings per share attributable to Moog increased to $1.36 for the three months ended June 29, 2019, compared to $1.14 for the same period in 2018[10] - Comprehensive income for the nine months ended June 29, 2019, was $139.52 million, significantly higher than $14.74 million for the same period in 2018[13] - Net earnings attributable to Moog for the nine months ended June 29, 2019, were $133,893 thousand, a significant increase from $55,947 thousand in the same period of the previous year, reflecting an increase of 139%[23] - Operating profit for the three months ended June 29, 2019, was $84.112 million, up from $75.262 million in the same period of 2018, representing an increase of 11.0%[96] Assets and Liabilities - Total assets as of June 29, 2019, were $3.07 billion, an increase from $2.96 billion as of September 29, 2018[16] - Total liabilities decreased slightly to $1.74 billion as of June 29, 2019, from $1.71 billion as of September 29, 2018[16] - Shareholders' equity increased to $1.36 billion as of June 29, 2019, compared to $1.22 billion as of September 29, 2018[16] - Total shareholders' equity increased to $1,355,657 thousand from $1,262,267 thousand year-over-year, representing a growth of approximately 7.4%[19] - The company’s retained earnings at the end of the period were $2,096,174 thousand, up from $1,941,902 thousand year-over-year, marking an increase of approximately 8%[23] Cash Flow and Investments - Net cash provided by operating activities for the nine months ended June 29, 2019, was $129,095 thousand, compared to $46,350 thousand for the same period in 2018, indicating a substantial improvement[23] - The company experienced a net cash used by investing activities of $88,565 thousand for the nine months ended June 29, 2019, compared to $122,154 thousand in the same period of 2018, indicating a reduction in cash outflow[23] - The company reported a decrease in cash, cash equivalents, and restricted cash of $38,661 thousand for the nine months ended June 29, 2019, compared to a decrease of $210,643 thousand in the same period of 2018[23] Research and Development - Research and development expenses for the nine months ended June 29, 2019, were $94.52 million, a decrease from $97.28 million for the same period in 2018[10] - Research and development expenses decreased by $6 million in the first three quarters of 2019 compared to the same period in 2018[124] Dividends and Shareholder Returns - The company declared dividends of $0.25 per share for the three months ended June 29, 2019, compared to no dividends declared in the same period of 2018[10] - Cash dividends declared and paid were $0.25 per share for each quarter of 2019, consistent with the second quarter of 2018[92] - The company authorized a share repurchase program allowing the purchase of up to 13 million common shares, with approximately 9.7 million shares repurchased for $655 million as of June 29, 2019[170] Accounting Standards and Adjustments - The company adopted ASC 606 for revenue recognition on September 30, 2018, resulting in a cumulative adjustment of $14,923 to retained earnings[31] - The total assets as of June 29, 2019, were reported at $3,066,139, reflecting an increase of $31,749 due to ASC 606[35] - The total shareholders' equity increased by $23,169 to $1,355,657 as a result of the adjustments from ASC 606[35] - The company plans to adopt ASU 2016-02 on leases in Q1 2020, expecting to record a material right-of-use asset and lease liability[29] Market and Economic Conditions - The industrial automation market is influenced by capital investment and economic growth, with challenges arising from customer demands sensitive to economic conditions[178] - The company faces uncertainties regarding future defense spending levels beyond 2019, which may impact revenue and growth prospects[174] - The company expects approximately $875 million in U.S. defense sales for 2019, following moderate growth in defense spending[174] Segment Performance - The Aircraft Controls segment generated net sales of $336.735 million for the three months ended June 29, 2019, compared to $299.606 million in the same period of 2018, reflecting an increase of 12.4%[94] - The Space and Defense Controls segment reported an operating profit of $24.133 million for the three months ended June 29, 2019, compared to $16.689 million in the same period of 2018, marking a significant increase of 44.4%[96] - Net sales for Industrial Systems decreased by $11 million (5%) in Q3 2019 compared to Q3 2018, primarily due to lost sales from exiting a business and weaker foreign currencies[143]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-Q ___________________________________________ (Mark One) ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File Number: 1 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-Q ___________________________________________ (Mark One) ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 29, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File Number ...