The Gorman-Rupp Company 11-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
Pursuant to Section 15(d) of the
Securities Exchange Act of 1934
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| þ |
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2006
OR
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
Commission file number: 1-6747
THE GORMAN-RUPP COMPANY 401(k) PLAN
(Full title of the plan)
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| The Gorman-Rupp Company
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305 Bowman Street
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Mansfield, Ohio 44903 |
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(Name of issuer of the securities held pursuant to the plan and the address of its principal
executive office)
************
The Exhibit Index is located at Page 16.
REQUIRED INFORMATION
Audited plan financial statements and schedules prepared in accordance with the financial reporting
requirements of the Employee Retirement Income Security Act of 1974, as amended, are filed herewith
in lieu of the requirements of audited statements of financial condition and audited statements of
income and changes in plan equity.
Financial Statements and Exhibits
| A) |
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The following financial statements and schedules (including the report of Ernst & Young LLP)
are filed as part of this annual report: |
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1) |
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Statements of Net Assets Available for Benefits — December 31, 2006 and 2005 |
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2) |
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Statement of Changes in Net Assets Available for Benefits — Year ended December 31, 2006 |
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3) |
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Schedule of Assets (Held at End of Year) |
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4) |
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Schedule of Reportable Transactions |
| B) |
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The following exhibit is filed as part of this annual report: |
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(23) |
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Consent of Independent Registered Public Accounting Firm |
2
The Gorman-Rupp Company 401(k) Plan
Audited Financial Statements
and Supplemental Schedules
December 31, 2006 and 2005, and
Year Ended December 31, 2006
Contents
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4 |
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Financial Statements |
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5 |
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6 |
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7 |
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Supplemental Schedules |
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12 |
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14 |
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| EX-23 |
3
Report of Independent Registered Public Accounting Firm
The Plan Administrators
The Gorman-Rupp Company 401(k) Plan
We have audited the accompanying statements of net assets available for benefits of The Gorman-Rupp
Company 401(k) Plan as of December 31, 2006 and 2005, and the related statements of changes in net
assets available for benefits for the year ended December 31, 2006. These financial statements are
the responsibility of the Plan’s management. Our responsibility is to express an opinion on these
financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. We
were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our
audits included consideration of internal control over financial reporting as a basis for designing
audit procedures that are appropriate in the circumstances, but not for the purpose of expressing
an opinion on the effectiveness of the Plan’s internal control over financial reporting.
Accordingly, we express no such opinion. An audit also includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements, assessing the
accounting principles used and significant estimates made by management, and evaluating the overall
financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, the financial statements referred to above present fairly, in all material
respects, the net assets available for benefits of the Plan at December 31, 2006 and 2005, and the
changes in its net assets available for benefits for the year ended December 31, 2006, in
conformity with U.S. generally accepted accounting principles.
Our audits were performed for the purpose of forming an opinion on the financial statements taken
as a whole. The accompanying supplemental schedules of assets (held at end of year) as of December
31, 2006, and reportable transactions for the year then ended, are presented for purposes of
additional analysis and are not a required part of the financial statements but are supplementary
information required by the Department of Labor’s Rules and Regulations for Reporting and
Disclosure under the Employee Retirement Income Security Act of 1974. These supplemental schedules
are the responsibility of the Plan’s management. The supplemental schedules have been subjected to
the auditing procedures applied in our audits of the financial statements and, in our opinion, are
fairly stated in all material respects in relation to the financial statements taken as a whole.
Cleveland, Ohio
June 28, 2007
4
The Gorman-Rupp Company 401(k) Plan
Statements of Net Assets Available for Benefits
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December 31 |
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2006 |
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2005 |
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Assets |
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Investments, at fair value |
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$ |
38,042,977 |
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$ |
26,192,033 |
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Receivables: |
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Employer contribution |
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6,422 |
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|
56,643 |
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Participants contribution |
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28,837 |
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253,558 |
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Accrued interest |
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— |
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17,675 |
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Total receivables |
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35,259 |
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327,876 |
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Net assets available for benefits |
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$ |
38,078,236 |
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$ |
26,519,909 |
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See accompanying notes.
5
The Gorman-Rupp Company 401(k) Plan
Statement of Changes in Net Assets Available for Benefits
Year Ended December 31, 2006
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Additions |
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Investment income: |
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Net appreciation in fair value of investments |
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$ |
8,343,187 |
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Interest and dividends |
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1,362,894 |
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9,706,081 |
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Contributions: |
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Participants |
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2,437,201 |
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Employer |
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538,612 |
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Rollovers |
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360,404 |
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3,336,217 |
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Total additions |
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13,042,298 |
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Deductions |
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Benefits paid to participants |
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1,483,971 |
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Net increase |
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11,558,327 |
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Net assets available for benefits: |
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Beginning of year |
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26,519,909 |
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End of year |
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$ |
38,078,236 |
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See accompanying notes.
6
The Gorman-Rupp Company 401(k) Plan
Notes to Financial Statements
December 31, 2006 and 2005 and
Year ended December 31, 2006
1. Description of the Plan
The following description of The Gorman-Rupp Company 401(k) Plan (Plan) provides only general
information. Participants should refer to the Summary Plan Description for a more complete
description of the Plan’s provisions.
General
The Plan is a defined contribution plan covering substantially all employees of the Corporate,
Mansfield and Industries Divisions of The Gorman-Rupp Company (Company and Plan Administrator) and
Patterson Pump Company, a subsidiary of the Company. The Plan is subject to the provisions of the
Employee Retirement Income Security Act of 1974 (ERISA).
Contributions
Each year
participants may contribute up to 40% of pretax annual compensation (15% for highly compensated employees), as defined in the
Plan. Participants may also contribute amounts representing distributions from other qualified
defined benefit or defined contribution plans. Effective August 1, 2000, the Company contributes
40% of the first 4% of compensation that a participant
contributes to the Plan.
Upon enrollment, a participant may direct employee contributions in whole increments to any of the
investment fund options offered by the Plan. Effective August 1, 2000, employer contributions are
restricted to the Gorman-Rupp Company Common Stock Fund. Participants may change their investment
options daily.
Participant Accounts
Each participant’s account is credited with the participant’s contributions and allocations of (a)
the Company’s contributions and (b) Plan earnings. Allocations are based on participant earnings or
account balances, as defined. The benefit to which a participant is entitled is the benefit that
can be provided from the participant’s account.
Vesting
Participants are immediately vested in their contributions plus actual earnings thereon.
Participants are also fully vested in the Company contribution portion of their accounts plus
actual earnings thereon.
7
The Gorman-Rupp Company
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Participant Loans
Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the
lesser of $50,000 or 50% of their vested account balance. The term of the loan shall not exceed 5
years, or 20 years for the purchase of a primary residence. The loans are secured by the balance in
the participant’s account and bear interest at the prime rate, as quoted in the Wall Street
Journal. Principal and interest is paid ratably through payroll deductions.
Payment of Benefits
Upon retirement or termination of employment, a participant may receive a lump-sum amount equal to
the vested value of his or her account. A lump-sum payment is required at a participant death.
Plan Termination
Although it has not expressed any intent to do so, the Company has the right under the Plan to
discontinue its contributions at any time and to terminate the Plan subject to the provisions of
ERISA.
2. Summary of Significant Accounting Policies
Basis of Accounting
The financial statements have been prepared on the accrual basis of accounting.
Investment Valuation and Income Recognition
The Plan’s investments are stated at fair value. The shares of registered investment companies are
valued at quoted market prices which represent the net asset values of shares held by the Plan at
year-end. The Company stock is valued at its quoted market price as of the last business day of the
Plan’s year. The participant loans are valued at their outstanding balances, which approximate fair
value.
Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded
on the accrual basis. Dividends are recorded on the ex-dividend date.
8
The Gorman-Rupp Company
Notes to Financial Statements (continued)
2. Summary of Significant Accounting Policies (continued)
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting
principles requires management to make estimates that affect the amounts reported in the financial
statements and accompanying notes. Actual results could differ from those estimates.
3. Investments
During 2006, the Plan’s investments (including investments purchased, sold as well as held during
the year) appreciated in fair value as determined by quoted market prices as follows:
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Net |
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Appreciation |
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in Fair Value |
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of Investments |
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Common stock |
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$ |
7,319,610 |
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Shares of registered investment companies |
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1,023,577 |
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$ |
8,343,187 |
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Investments that represent 5% or more of the Plan’s net assets are as follows:
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2006 |
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2005 |
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The Gorman-Rupp Company Common Stock* |
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$ |
13,913,779 |
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$ |
8,930,981 |
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NYL Insurance Anchor Account I |
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3,461,392 |
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Oppenheimer Value Fund A |
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2,074,178 |
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American Century Income and Growth Fund |
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3,597,224 |
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Allegiant Money Market Fund |
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3,631,760 |
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AIM Balanced Fund |
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1,831,609 |
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Franklin Small-Mid Cap Growth Fund |
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1,347,809 |
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| * |
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Non-participant-directed |
9
The Gorman-Rupp Company
Notes to Financial Statements (continued)
4. Non-participant-Directed Investments
The Gorman-Rupp Company Common Stock Fund contains participant account balances that are both
participant-directed and non-participant-directed. Because the fund contains balances that are
non-participant-directed, the entire fund is considered non-participant-directed for disclosure
purposes.
Information about the net assets and the significant components of changes in net assets related to
non-participant-directed investments is as follows:
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December 31 |
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2006 |
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2005 |
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Net assets: |
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Investments, at fair value: |
|
|
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|
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The Gorman-Rupp Company Common Stock |
|
$ |
13,913,779 |
|
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$ |
8,930,981 |
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Contributions receivable |
|
|
8,455 |
|
|
|
67,398 |
|
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|
|
|
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$ |
13,922,234 |
|
|
$ |
8,998,379 |
|
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|
|
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|
|
|
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Year Ended |
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December 31, |
|
| |
|
2006 |
|
Changes in net assets: |
|
|
|
|
Contributions: |
|
|
|
|
Participants |
|
$ |
284,929 |
|
Employer |
|
|
573,577 |
|
|
|
|
|
|
|
|
858,506 |
|
|
|
|
|
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The Gorman-Rupp Company Common Stock dividends |
|
|
171,531 |
|
Net appreciation in fair value of common stock |
|
|
7,319,610 |
|
Net transfers to participant directed funds |
|
|
(3,053,089 |
) |
Distributions to participants |
|
|
(372,703 |
) |
|
|
|
|
|
|
$ |
4,923,855 |
|
|
|
|
|
10
The Gorman-Rupp Company
Notes to Financial Statements (continued)
5. Administrative Costs
Fees for legal, accounting, and other services rendered to the Plan are paid by the Company.
6. Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various
risks such as interest rate, market and credit risks. Due to the level of risk associated with
certain investment securities, it is at least reasonably possible that changes in the values of the
investment securities will occur in the near term and that such changes could materially affect
participants’ account balances and the amounts reported in the statements of net assets available
for benefits.
7. Income Tax Status
The Plan has received a determination letter from the Internal Revenue Service dated May 14, 2004,
stating that the Plan is qualified under section 401(a) of the Internal Revenue Code (Code) and,
therefore, the related trust is exempt from taxation. Subsequent to this determination by the
Internal Revenue Service, the Plan was amended. Once qualified, the Plan is required to operate in
conformity with the Code to maintain its qualification. The Plan Administrator believes the Plan is
being operated in compliance with the applicable requirements of the Code and, therefore, believes
that the Plan, as amended, is qualified and the related trust is tax exempt.
11
The Gorman-Rupp Company 401(k) Plan
EIN #34-0253990 Plan #005
Schedule H, Line 4i – Schedule of Assets
(Held at End of Year)
December 31, 2006
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Description of |
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Investment Including |
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Maturity Date, Rate |
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| Identity of Issuer, Borrower, |
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of Interest, Par, |
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Current |
| Lessor, or Similar Party |
|
or Maturity Value |
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Cost** |
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Value |
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The Gorman-Rupp Company
Common Stock* |
|
|
372,561.000 |
|
|
shares |
|
$ |
6,783,093 |
|
|
$ |
13,913,779 |
|
NYL Insurance Achor Account 1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,461,392 |
|
American Cap World Bond R3 |
|
|
22,976.000 |
|
|
shares |
|
|
|
|
|
|
441,607 |
|
Fid Advisor Infat Prot Bond A |
|
|
74,837.032 |
|
|
shares |
|
|
|
|
|
|
797,763 |
|
MainStay High Yield Corp Bond A |
|
|
42,267.851 |
|
|
shares |
|
|
|
|
|
|
294,241 |
|
PIMCO Total Return Fund (A) |
|
|
77,022.303 |
|
|
shares |
|
|
|
|
|
|
799,491 |
|
Barclay LifePath Retire Fund I |
|
|
18,758.335 |
|
|
shares |
|
|
|
|
|
|
217,409 |
|
Barclays LifePath 2010 Fund I |
|
|
44,213.996 |
|
|
shares |
|
|
|
|
|
|
597,773 |
|
Barclays LifePath 2020 Fund I |
|
|
98,807.047 |
|
|
shares |
|
|
|
|
|
|
1,727,147 |
|
Barclays LifePath 2030 Fund I |
|
|
37,908.886 |
|
|
shares |
|
|
|
|
|
|
640,660 |
|
Barclays LifePath 2040 Fund I |
|
|
11,668.340 |
|
|
shares |
|
|
|
|
|
|
243,868 |
|
American Wash Mutual Inv Fund R3 |
|
|
32,355.463 |
|
|
shares |
|
|
|
|
|
|
1,122,734 |
|
Fid Advisor Real Estate Fund A |
|
|
13,495.878 |
|
|
shares |
|
|
|
|
|
|
292,861 |
|
Franklin Income Fund A |
|
|
670,917.585 |
|
|
shares |
|
|
|
|
|
|
1,784,641 |
|
Franklin Mutual Shares Class A |
|
|
34,337.176 |
|
|
shares |
|
|
|
|
|
|
889,676 |
|
Oppenheimer Value Fund A |
|
|
79,929.774 |
|
|
shares |
|
|
|
|
|
|
2,074,178 |
|
Columbia Small Cap Val Fund A |
|
|
10,254.433 |
|
|
shares |
|
|
|
|
|
|
501,442 |
|
Davis New York Venture Fund (A) |
|
|
20,260.683 |
|
|
shares |
|
|
|
|
|
|
780,442 |
|
Fid Advisor Leveraged Co Stk A |
|
|
20,694.929 |
|
|
shares |
|
|
|
|
|
|
680,242 |
|
Fid Advisor New Insights A |
|
|
30,957.374 |
|
|
shares |
|
|
|
|
|
|
568,687 |
|
Fid Advisor Small Cap Fund A |
|
|
38,342.083 |
|
|
shares |
|
|
|
|
|
|
869,598 |
|
Fid Advisor Value Strategies A |
|
|
8,579.380 |
|
|
shares |
|
|
|
|
|
|
253,521 |
|
Lord Abbett Mid Cap Value A |
|
|
13,820.514 |
|
|
shares |
|
|
|
|
|
|
309,580 |
|
Lord Abbett Small Cap Blend A |
|
|
16,923.609 |
|
|
shares |
|
|
|
|
|
|
286,686 |
|
Royce Value Fund (Serv) |
|
|
32,915.280 |
|
|
shares |
|
|
|
|
|
|
364,043 |
|
RS Partners Fund |
|
|
10,752.032 |
|
|
shares |
|
|
|
|
|
|
376,859 |
|
T Row Price New Era Fund |
|
|
9,567.428 |
|
|
shares |
|
|
|
|
|
|
440,102 |
|
American EuroPacific Growth R3 |
|
|
19,038.700 |
|
|
shares |
|
|
|
|
|
|
873,876 |
|
Fid Advisor Diversified Intl A |
|
|
27,286.868 |
|
|
shares |
|
|
|
|
|
|
621,595 |
|
12
The Gorman-Rupp Company 401(k) Plan
EIN #34-0253990 Plan #005
Schedule H, Line 4i – Schedule of Assets
(Held at End of Year) (continued)
| |
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|
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|
|
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|
|
|
|
|
|
|
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| |
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Description of |
|
|
|
|
|
|
|
|
| |
|
Investment Including |
|
|
|
|
|
|
|
|
| |
|
Maturity Date, Rate |
|
|
|
|
|
|
|
|
Identity
of Issuer, Borrower, |
|
of Interest, Par, |
|
|
|
|
|
|
Current |
|
Lessor,
or Similar Party |
|
or Maturity Value |
|
|
Cost** |
|
|
Value |
|
| |
Fid Advisor Intl Sm Cap Opp A |
|
|
21,955.953 |
|
|
shares |
|
|
|
|
|
|
345,367 |
|
Oppenheimer Global Fund (A) |
|
|
6,315.815 |
|
|
shares |
|
|
|
|
|
|
464,276 |
|
Templeton Foreign Fund |
|
|
30,227.702 |
|
|
shares |
|
|
|
|
|
|
412,306 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan Fund* |
|
At interest rates ranging from
4.00% to 8.25% with maturity
date through 2016 |
|
|
|
|
|
|
595,135 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
38,042,977 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| * |
|
Indicates party in interest to the Plan. |
| |
| ** |
|
Cost is presented for non-participant-directed investments only. |
13
The Gorman-Rupp Company 401(k) Plan
EIN: 34-0253990 Plan Number: 005
Schedule H, Line 4j – Schedule of Reportable Transactions
Year Ended December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Value of |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset on |
|
|
| Identity of |
|
Description |
|
Purchase |
|
Selling |
|
Cost of |
|
Transaction |
|
Net |
| Party Involved |
|
of Asset |
|
Price |
|
Price |
|
Asset |
|
Date |
|
Gain |
| |
| Category (i) – Single transactions in excess of 5% of plan assets |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NYLIM |
|
NYL Insurance Anchor Account I |
|
$ |
3,644,296 |
|
|
|
|
|
|
$ |
3,644,296 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Barclays LifePath 2020 Fund I |
|
$ |
1,831,601 |
|
|
|
|
|
|
$ |
1,831,601 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Oppenheimer Value Fund A |
|
$ |
1,988,573 |
|
|
|
|
|
|
$ |
1,988,573 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Fid Advisor Small Cap Fund A |
|
$ |
1,347,809 |
|
|
|
|
|
|
$ |
1,347,809 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Credit Suisse Large Cap Val A |
|
$ |
4,064,984 |
|
|
|
|
|
|
$ |
4,064,984 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Credit Suisse Large Cap Val A |
|
|
|
|
|
$ |
2,004,147 |
|
|
$ |
1,811,924 |
|
|
$ |
2,004,147 |
|
|
$ |
192,223 |
|
| |
| Category (iii) – Series of transactions in excess of 5% of plan assets |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NYLIM |
|
MainStay Cash Reserves Fund I |
|
|
|
|
|
$ |
3,697,553 |
|
|
$ |
3,697,553 |
|
|
$ |
3,697,553 |
|
|
$ |
— |
|
| |
|
|
|
NYL Insurance Anchor Account I |
|
$ |
5,208,119 |
|
|
|
|
|
|
$ |
5,208,119 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
NYL Insurance Anchor Account I |
|
|
|
|
|
$ |
1,871,135 |
|
|
$ |
1,871,135 |
|
|
$ |
1,871,135 |
|
|
$ |
— |
|
| |
|
|
|
Barclays LifePath 2020 Fund I |
|
$ |
2,181,782 |
|
|
|
|
|
|
$ |
2,181,782 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
American Wash Mutural Inv Fund R3 |
|
$ |
1,380,683 |
|
|
|
|
|
|
$ |
1,380,683 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Franklin Income Fund A |
|
$ |
1,638,843 |
|
|
|
|
|
|
$ |
1,638,843 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Oppenheimer Value Fund A |
|
$ |
2,020,179 |
|
|
|
|
|
|
$ |
2,020,179 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Fid Advisor Small Cap Fund A |
|
$ |
1,466,637 |
|
|
|
|
|
|
$ |
1,466,637 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Credit Suisse Large Cap Val A |
|
$ |
4,248,083 |
|
|
|
|
|
|
$ |
4,248,083 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Credit Suisse Large Cap Val A |
|
|
|
|
|
$ |
4,460,942 |
|
|
$ |
4,264,673 |
|
|
$ |
4,460,942 |
|
|
$ |
196,269 |
|
14
SIGNATURES
The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the
trustees (or other persons who administer the employee benefit plan) have duly caused this annual
report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
|
|
|
|
|
|
| |
|
THE GORMAN-RUPP COMPANY 401(k) PLAN |
|
|
|
|
|
|
|
|
|
|
|
By:
|
|
The Gorman-Rupp Company, |
|
|
|
|
|
|
as Plan Administrator |
|
|
|
|
|
|
|
|
|
Date: June 29, 2007
|
|
By:
|
|
/s/ JEFFREY S. GORMAN |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jeffrey S. Gorman, |
|
|
|
|
|
|
Committee Member |
|
|
|
|
|
|
|
|
|
Date: June 29, 2007
|
|
By:
|
|
/s/ ROBERT E. KIRKENDALL |
|
|
|
|
|
|
|
|
|
|
|
|
|
Robert E. Kirkendall, |
|
|
|
|
|
|
Committee Member |
|
|
|
|
|
|
|
|
|
Date: June 29, 2007
|
|
By:
|
|
/s/ JUDITH L. SOVINE |
|
|
|
|
|
|
|
|
|
|
|
|
|
Judith L. Sovine, |
|
|
|
|
|
|
Committee Member |
|
|
|
|
|
|
|
|
|
Date: June 29, 2007
|
|
By:
|
|
/s/ DAVID P. EMMENS |
|
|
|
|
|
|
|
|
|
|
|
|
|
David P. Emmens, |
|
|
|
|
|
|
Committee Member
|
|
|
15
EXHIBIT INDEX
| |
|
|
|
|
|
|
| |
|
|
|
Pagination by |
| Exhibit |
|
|
|
Sequential |
| Number |
|
Description |
|
Numbering System |
| |
|
|
|
|
|
|
|
23
|
|
Consent of Independent Registered Public Accounting Firm
|
|
|
17 |
|
16