THORATEC CORP Financial Statements (2024 and earlier)

Company Profile

Business Address 6035 STONERIDGE DR
PLEASANTON, CA 94588
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 3845 - Electromedical and Electrotherapeutic Apparatus (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 230,478305,790249,748
Cash and cash equivalents 72,814139,099101,322
Short-term investments 157,664166,691148,426
Receivables 83,62571,41870,471
Inventory, net of allowances, customer advances and progress billings 62,20460,29347,100
Inventory 62,20460,29347,100
Prepaid expense and other current assets7,162
Income taxes receivable5,73311,950
Other undisclosed current assets 28,18522,43310,626
Total current assets: 404,492465,667397,057
Noncurrent Assets
Property, plant and equipment 51,23155,16345,892
Long-term investments and receivables 4,2394,23410,607
Long-term investments 4,2394,23410,607
Intangible assets, net (including goodwill) 269,781242,167227,753
Goodwill 225,293205,764194,182
Intangible assets, net (excluding goodwill) 44,48836,40333,571
Deferred costs 6,000  
Other noncurrent assets 34,24024,476
Prepaid expense and other noncurrent assets17,055
Other undisclosed noncurrent assets (6,000)  
Total noncurrent assets: 359,491326,040301,307
TOTAL ASSETS: 763,983791,707698,364
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 66,57840,35845,368
Employee-related liabilities 22,83622,75925,409
Accounts payable 12,66217,59919,959
Accrued liabilities 31,080  
Business combination, contingent consideration, liability 14,902
Other undisclosed current liabilities  33,96323,318
Total current liabilities: 81,48074,32168,686
Noncurrent Liabilities
Liabilities, other than long-term debt 56,40620,22919,503
Deferred compensation liability, classified 6,7005,9004,400
Deferred tax liabilities, net 3,5922,2242,780
Other liabilities 14,45812,10512,323
Business combination, contingent consideration, liability 31,656
Other undisclosed noncurrent liabilities (6,700)30,48413,432
Total noncurrent liabilities: 49,70650,71332,935
Total liabilities: 131,186125,034101,621
Equity
Equity, attributable to parent 632,797666,673596,743
Additional paid in capital 614,577621,589577,448
Accumulated other comprehensive loss (22,022)(12,503)(15,069)
Retained earnings 40,24257,58734,364
Total equity: 632,797666,673596,743
TOTAL LIABILITIES AND EQUITY: 763,983791,707698,364

Income Statement (P&L) ($ in thousands)

6/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 477,560502,821491,654
Cost of revenue
(Cost of Goods and Services Sold)
 (161,415)(163,552)(150,037)
Other undisclosed gross profit   (50,242)
Gross profit: 316,145339,269291,375
Operating expenses (246,207)(241,721)(215,713)
Operating income: 69,93897,54875,662
Nonoperating expense (16,290)(1,778)(163)
Investment income, nonoperating (3,901)(3,592)(2,209)
Gain (loss), foreign currency transaction, before tax (12,389)1,8142,046
Other undisclosed income from continuing operations before equity method investments, income taxes 14,4453,9851,818
Income from continuing operations before income taxes: 68,09399,75577,317
Income tax expense (17,702)(26,429)(21,154)
Income from continuing operations: 50,39173,32656,163
Income before gain (loss) on sale of properties: 50,39173,32656,163
Net income attributable to parent: 50,39173,32656,163
Other undisclosed net loss available to common stockholders, basic   (12)
Net income available to common stockholders, diluted: 50,39173,32656,151

Comprehensive Income ($ in thousands)

6/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Net income: 50,39173,32656,163
Comprehensive income: 50,39173,32656,163
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (9,519)2,5662,964
Comprehensive income, net of tax, attributable to parent: 40,87275,89259,127

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: