WRIGHT MEDICAL GROUP INC Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5677 AIRLINE ROAD ARLINGTON, TN 38002 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3842 - Orthopedic, Prosthetic, and Surgical Appliances and Supplies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 229,901 | 175,432 | 333,006 | |||
| Cash and cash equivalents | 227,326 | 168,534 | 320,360 | |||
| Short-term investments | 2,575 | 6,898 | 12,646 | |||
| Receivables | 57,190 | 45,817 | 98,636 | |||
| Inventory, net of allowances, customer advances and progress billings | 88,412 | 72,443 | 144,250 | |||
| Inventory | 88,412 | 72,443 | 144,250 | |||
| Prepaid expense | 11,161 | 6,508 | ✕ | |||
| Other current assets | 50,355 | 52,351 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 45,824 | ||
| Assets held-for-sale | ✕ | ✕ | 142,015 | |||
| Other undisclosed current assets | 3,437 | 10,749 | 30,429 | |||
| Total current assets: | 440,456 | 505,315 | 652,145 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 104,235 | 70,515 | 138,242 | |||
| Long-term investments and receivables | 7,650 | |||||
| Long-term investments | 7,650 | |||||
| Intangible assets, net (including goodwill) | 259,991 | 157,683 | 79,360 | |||
| Goodwill | 190,966 | 118,263 | 58,066 | |||
| Intangible assets, net (excluding goodwill) | 69,025 | 39,420 | 21,294 | |||
| Other noncurrent assets | 87,179 | 132,213 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 80,539 | ||
| Assets held-for-sale, long lived | ✕ | ✕ | 132,443 | |||
| Other undisclosed noncurrent assets | 815 | 1,632 | 3,167 | |||
| Total noncurrent assets: | 452,220 | 502,136 | 301,308 | |||
| TOTAL ASSETS: | 892,676 | 1,007,451 | 953,453 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 77,445 | 8,635 | 13,658 | |||
| Taxes payable | 5,782 | 4,722 | 3,316 | |||
| Employee-related liabilities | 8,525 | |||||
| Accounts payable | 16,729 | 3,913 | 10,342 | |||
| Accrued liabilities | 46,409 | |||||
| Debt | 718 | 4,174 | 786 | |||
| Disposal group, including discontinued operation | 31,221 | |||||
| Other undisclosed current liabilities | 109,488 | 75,395 | 61,988 | |||
| Total current liabilities: | 187,651 | 119,425 | 76,432 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 280,612 | 271,227 | 258,504 | |||
| Capital lease obligations | 7,960 | 7,832 | 19 | |||
| Other undisclosed long-term debt and lease obligation | 272,652 | 263,395 | 258,485 | |||
| Liabilities, other than long-term debt | 145,610 | 157,085 | 95,076 | |||
| Deferred tax liabilities, net | 11,566 | 20,620 | 8,152 | |||
| Disposal group, including discontinued operation, liabilities | 1,399 | |||||
| Other liabilities | 134,044 | 135,066 | 86,924 | |||
| Total noncurrent liabilities: | 426,222 | 428,312 | 353,580 | |||
| Total liabilities: | 613,873 | 547,737 | 430,012 | |||
| Equity | ||||||
| Equity, attributable to parent | 278,803 | 459,714 | 523,441 | |||
| Common stock | 509 | 473 | 389 | |||
| Additional paid in capital | 751,061 | 656,770 | 442,055 | |||
| Accumulated other comprehensive income | 2,398 | 17,953 | 22,534 | |||
| Retained earnings (accumulated deficit) | (475,165) | (215,482) | 58,463 | |||
| Total equity: | 278,803 | 459,714 | 523,441 | |||
| TOTAL LIABILITIES AND EQUITY: | 892,676 | 1,007,451 | 953,453 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 298,027 | 242,330 | 483,776 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (77,223) | (64,421) | (159,278) | ||
| Other undisclosed gross profit | 4,000 | 4,700 | 8,865 | ||
| Gross profit: | 224,804 | 182,609 | 333,363 | ||
| Operating expenses | (324,610) | (464,815) | (309,219) | ||
| Operating income (loss): | (99,806) | (282,206) | 24,144 | ||
| Nonoperating income (expense) | (129,626) | 67,843 | 9,605 | ||
| Investment income, nonoperating | 15,000 | ||||
| Other nonoperating income (expense) | (129,626) | 67,843 | (5,395) | ||
| Interest and debt expense | (200) | (200) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (17,398) | (15,840) | (24,988) | ||
| Income (loss) from continuing operations before income taxes: | (246,830) | (230,403) | 8,561 | ||
| Income tax expense (benefit) | 6,334 | (49,765) | (3,277) | ||
| Income (loss) from continuing operations: | (240,496) | (280,168) | 5,284 | ||
| Income (loss) before gain (loss) on sale of properties: | (259,683) | (283,434) | 5,284 | ||
| Loss from discontinued operations | (19,187) | (3,266) | |||
| Net income (loss): | (259,683) | (283,434) | 5,284 | ||
| Other undisclosed net income attributable to parent | 9,489 | ||||
| Net income (loss) available to common stockholders, diluted: | (259,683) | (273,945) | 5,284 | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (259,683) | (283,434) | 5,284 | ||
| Other comprehensive income (loss) | (15,555) | (4,581) | 3,473 | ||
| Comprehensive income (loss): | (275,238) | (288,015) | 8,757 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 9,489 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (275,238) | (278,526) | 8,757 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.