DJO FINANCE LLC Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1430 DECISION STREET VISTA, CA 92081 |
| 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 millions)
| 9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 32 | 35 | 49 | 31 | 44 | 31 | |||
| Cash and cash equivalents | 32 | 35 | 49 | 31 | 44 | 31 | |||
| Receivables | 190 | 178 | 172 | 188 | 185 | 167 | |||
| Inventory, net of allowances, customer advances and progress billings | 169 | 152 | 175 | 175 | 155 | 156 | |||
| Inventory | 169 | 152 | 175 | 175 | 155 | 156 | |||
| Disposal group, including discontinued operation | 1 | 1 | 3 | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 18 | ||
| Other undisclosed current assets | 20 | 24 | 21 | 42 | 55 | 33 | |||
| Total current assets: | 412 | 389 | 420 | 436 | 439 | 406 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 134 | 128 | 117 | 120 | 108 | 107 | |||
| Intangible assets, net (including goodwill) | 1,471 | 1,528 | 1,767 | 2,009 | 2,108 | 2,305 | |||
| Goodwill | 864 | 856 | 1,018 | 1,141 | 1,149 | 1,249 | |||
| Intangible assets, net (excluding goodwill) | 607 | 672 | 749 | 868 | 959 | 1,056 | |||
| Regulated entity, other noncurrent assets | 29 | 36 | 42 | ||||||
| Disposal group, including discontinued operation, noncurrent assets | 0 | ✕ | ✕ | ||||||
| Other noncurrent assets | 5 | 6 | 5 | 33 | 39 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 45 | ||
| Other undisclosed noncurrent assets | (2,038) | (36) | (42) | ||||||
| Total noncurrent assets: | 1,610 | 1,661 | 1,890 | 153 | 2,256 | 2,457 | |||
| Other undisclosed assets | 2,009 | ||||||||
| TOTAL ASSETS: | 2,022 | 2,050 | 2,310 | 2,598 | 2,695 | 2,863 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 116 | 81 | 75 | 178 | 97 | 93 | |||
| Interest and dividends payable | 18 | 17 | 17 | 30 | |||||
| Taxes payable | 7 | 8 | 9 | ||||||
| Employee-related liabilities | 32 | 33 | 30 | ||||||
| Accounts payable | 98 | 64 | 58 | 63 | 56 | 54 | |||
| Accrued liabilities | 46 | ||||||||
| Debt | 16 | 11 | 11 | 9 | 9 | 9 | |||
| Disposal group, including discontinued operation | 13 | ||||||||
| Other liabilities | 126 | 113 | 102 | 99 | 109 | 94 | |||
| Deferred tax liabilities | 0 | 0 | |||||||
| Other undisclosed current liabilities | (86) | (12) | (7) | ||||||
| Total current liabilities: | 259 | 204 | 202 | 201 | 204 | 188 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2,398 | 2,392 | 2,345 | 2,262 | 2,251 | 2,224 | |||
| Long-term debt, excluding current maturities | 2,398 | 2,392 | 2,345 | 2,262 | 2,251 | ||||
| Other undisclosed long-term debt and lease obligation | 2,224 | ||||||||
| Liabilities, other than long-term debt | 156 | 218 | 229 | 257 | 259 | 266 | |||
| Deferred tax liabilities, net | 143 | 203 | 214 | 243 | 242 | 241 | |||
| Other liabilities | 13 | 15 | 15 | 14 | 17 | 25 | |||
| Total noncurrent liabilities: | 2,554 | 2,610 | 2,574 | 2,519 | 2,510 | 2,490 | |||
| Total liabilities: | 2,813 | 2,814 | 2,775 | 2,720 | 2,714 | 2,678 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,637) | (1,610) | (1,310) | (964) | (22) | 182 | |||
| Additional paid in capital | 839 | 839 | |||||||
| Accumulated other comprehensive income (loss) | (21) | (31) | (16) | (12) | 1 | 1 | |||
| Accumulated deficit | (1,616) | (1,580) | (1,293) | (952) | (862) | (658) | |||
| Equity, attributable to noncontrolling interest | 3 | 2 | |||||||
| Other undisclosed equity | 846 | 846 | 844 | 842 | |||||
| Total equity: | (790) | (764) | (466) | (122) | (19) | 184 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,022 | 2,050 | 2,310 | 2,598 | 2,695 | 2,863 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 1,186 | 1,155 | 1,114 | 1,229 | 1,175 | 1,129 | ||
| Cost of revenue | (1,089) | (1,245) | (466) | (504) | (483) | (450) | ||
| Cost of goods and services sold | (3) | (26) | (466) | (504) | (483) | (450) | ||
| Other undisclosed gross profit | 10 | 6 | ||||||
| Gross profit: | 97 | (90) | 648 | 725 | 703 | 686 | ||
| Operating expenses | (21) | (31) | (570) | (1,125) | (713) | (593) | ||
| Other undisclosed operating income | 504 | |||||||
| Operating income (loss): | 76 | (121) | 78 | 104 | (10) | 93 | ||
| Nonoperating expense | (172) | (173) | (248) | (180) | (180) | (216) | ||
| Interest and debt expense | (3) | (3) | (5) | (9) | (179) | (257) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3 | 3 | 5 | 9 | 179 | 257 | ||
| Loss from continuing operations before income taxes: | (96) | (294) | (170) | (77) | (189) | (123) | ||
| Income tax expense (benefit) | 61 | 7 | (12) | (13) | (13) | 5 | ||
| Loss from continuing operations: | (35) | (287) | (183) | (90) | (203) | (118) | ||
| Loss before gain (loss) on sale of properties: | (35) | (286) | (340) | (90) | (203) | (118) | ||
| Income (loss) from discontinued operations | 0 | 1 | (158) | |||||
| Net loss: | (35) | (286) | (340) | (90) | (203) | (118) | ||
| Net loss attributable to noncontrolling interest | (1) | (1) | (1) | (1) | (1) | (1) | ||
| Net loss available to common stockholders, diluted: | (36) | (286) | (341) | (91) | (203) | (119) | ||
Comprehensive Income ($ in millions)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (35) | (286) | (340) | (90) | (203) | (118) | ||
| Other comprehensive income (loss) | 9 | (14) | (5) | (13) | 0 | 1 | ||
| Comprehensive loss: | (26) | (300) | (345) | (103) | (203) | (117) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | (1) | (1) | (1) | 1 | 1 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2) | (2) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (26) | (301) | (346) | (103) | (204) | (118) | ||
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.