K2M GROUP HOLDINGS, INC. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
600 HOPE PARKWAY SE LEESBURG, VA 20175 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3841 - Surgical and Medical Instruments and Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 23,964 | 45,511 | 34,646 | 11,411 | |||
| Cash and cash equivalent | 23,964 | 45,511 | 34,646 | 11,411 | |||
| Restricted cash and investments | 6,669 | ||||||
| Receivables | 50,474 | 46,430 | 38,773 | 33,937 | |||
| Inventory, net of allowances, customer advances and progress billings | 71,424 | 61,897 | 62,002 | 52,617 | |||
| Inventory | 71,424 | 61,897 | 62,002 | 52,617 | |||
| Prepaid expense | 3,419 | 2,666 | 2,408 | ||||
| Other current assets | 4,423 | 3,420 | 4,289 | ||||
| Other undisclosed current assets | 61 | 6,454 | 7,348 | ||||
| Total current assets: | 153,704 | 159,985 | 155,241 | 105,313 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 49,200 | 50,714 | 38,318 | 4,220 | |||
| Intangible assets, net (including goodwill), including: | 121,814 | 121,814 | 121,814 | 163,423 | |||
| Goodwill | 121,814 | ||||||
| Intangible assets, net (excluding goodwill) | 18,899 | 22,758 | 33,123 | 41,609 | |||
| Other undisclosed intangible assets, net (including goodwill) | 102,915 | 99,056 | 88,691 | ||||
| Deposits noncurrent assets | 8,114 | ||||||
| Other noncurrent assets | 3,260 | 28,254 | 26,016 | 29,672 | |||
| Other undisclosed noncurrent assets | 45,149 | 22,758 | 33,123 | (8,114) | |||
| Total noncurrent assets: | 219,423 | 223,540 | 219,271 | 197,315 | |||
| TOTAL ASSETS: | 373,127 | 383,525 | 374,512 | 302,628 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 52,942 | 43,108 | 47,549 | 35,583 | |||
| Employee-related liabilities | 10,214 | 12,068 | 11,507 | 11,488 | |||
| Accounts payable | 20,495 | 15,367 | 22,483 | 14,018 | |||
| Accrued liabilities | 22,233 | 15,673 | 13,559 | 10,077 | |||
| Debt | 1,122 | 973 | 284 | ||||
| Total current liabilities: | 54,064 | 44,081 | 47,833 | 35,583 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 72,988 | 71,827 | 34,140 | ||||
| Long-term debt, excluding current maturities | 39,176 | 36,894 | |||||
| Capital lease obligations | 33,812 | 34,933 | 34,140 | ||||
| Liabilities, other than long-term debt | 316 | 1,032 | 835 | 112 | |||
| Other liabilities | 316 | 1,032 | 835 | 112 | |||
| Other undisclosed noncurrent liabilities | 3,360 | 5,017 | 5,042 | 8,479 | |||
| Total noncurrent liabilities: | 76,664 | 77,876 | 40,017 | 8,591 | |||
| Total liabilities: | 130,728 | 121,957 | 87,850 | 44,174 | |||
| Equity | |||||||
| Equity, attributable to parent | 242,399 | 261,568 | 286,662 | 258,454 | |||
| Common stock | 43 | 42 | 41 | 37 | |||
| Treasury stock, value | (311) | (134) | |||||
| Additional paid in capital | 491,012 | 474,512 | 454,153 | 386,795 | |||
| Accumulated other comprehensive income (loss) | 876 | (1,771) | 1,889 | 1,827 | |||
| Accumulated deficit | (249,221) | (211,081) | (169,421) | (130,205) | |||
| Total equity: | 242,399 | 261,568 | 286,662 | 258,454 | |||
| TOTAL LIABILITIES AND EQUITY: | 373,127 | 383,525 | 374,512 | 302,628 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|
| Revenues | 258,031 | 236,634 | 216,007 | 186,672 | ||
| Cost of revenue (Cost of Product and Service Sold) | (88,649) | (82,178) | (71,791) | (66,786) | ||
| Other undisclosed gross profit | 3,986 | |||||
| Gross profit: | 169,382 | 154,456 | 144,216 | 123,872 | ||
| Operating expenses | (202,839) | (189,187) | (180,486) | (171,841) | ||
| Operating loss: | (33,457) | (34,731) | (36,270) | (47,969) | ||
| Nonoperating expense | (5,162) | (6,855) | (2,754) | (11,782) | ||
| Gain (loss), foreign currency transaction, before tax | 1,802 | (2,430) | (1,813) | (4,752) | ||
| Interest and debt expense | (6,964) | (4,425) | (941) | (2,205) | ||
| Loss from continuing operations before equity method investments, income taxes: | (45,583) | (46,011) | (39,965) | (61,956) | ||
| Other undisclosed income from continuing operations before income taxes | 6,964 | 4,425 | 941 | 2,205 | ||
| Loss from continuing operations before income taxes: | (38,619) | (41,586) | (39,024) | (59,751) | ||
| Income tax expense (benefit) | 1,474 | (74) | (192) | 114 | ||
| Loss from continuing operations: | (37,145) | (41,660) | (39,216) | (59,637) | ||
| Loss before gain (loss) on sale of properties: | (37,145) | (41,660) | (39,216) | (59,637) | ||
| Net loss attributable to parent: | (37,145) | (41,660) | (39,216) | (59,637) | ||
| Preferred stock dividends and other adjustments | 6,879 | |||||
| Net loss available to common stockholders, diluted: | (37,145) | (41,660) | (39,216) | (52,758) | ||
Comprehensive Income ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|
| Net loss: | (37,145) | (41,660) | (39,216) | (59,637) | ||
| Comprehensive loss: | (37,145) | (41,660) | (39,216) | (59,637) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,647 | (3,660) | 62 | 2,747 | ||
| Comprehensive loss, net of tax, attributable to parent: | (34,498) | (45,320) | (39,154) | (56,890) | ||
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.