Heartware International Inc (HTWR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
500 OLD CONNECTICUT PATH FRAMINGHAM, MA 01701 |
| State of Incorp. | DE |
| 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)
| 6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments, including: | 244,600 | 179,700 | 201,700 | 102,808 | |||
| Cash and cash equivalents | 175,047 | 102,946 | 162,880 | 85,921 | |||
| Short-term investments | 68,531 | 75,535 | 37,596 | 16,887 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 1,022 | 1,219 | 1,224 | ||||
| Receivables | 35,570 | 38,041 | 28,052 | 25,225 | |||
| Inventory, net of allowances, customer advances and progress billings | 47,686 | 54,046 | 40,876 | 38,443 | |||
| Inventory | 47,686 | 54,046 | 40,876 | 38,443 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 5,925 | ||
| Other undisclosed current assets | 1,846 | 4,756 | 9,981 | ||||
| Total current assets: | 329,702 | 276,543 | 280,609 | 172,401 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 15,098 | 19,036 | 18,562 | 19,380 | |||
| Long-term investments and receivables, including: | 2,500 | ||||||
| Other undisclosed long-term investments and receivables | 2,500 | ||||||
| Intangible assets, net (including goodwill) | 74,278 | 79,197 | 77,571 | 8,984 | |||
| Goodwill | 61,233 | 61,390 | 61,596 | 1,190 | |||
| Intangible assets, net (excluding goodwill) | 13,045 | 17,807 | 15,975 | 7,794 | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 3,405 | ||
| Investments and other noncurrent assets | ✕ | ✕ | ✕ | 15,621 | |||
| Other undisclosed noncurrent assets | 35,998 | 49,037 | 37,464 | 2,329 | |||
| Total noncurrent assets: | 127,874 | 147,270 | 149,218 | 34,098 | |||
| TOTAL ASSETS: | 457,576 | 423,813 | 429,827 | 206,499 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 61,138 | 64,952 | 65,359 | 12,024 | |||
| Taxes payable | 1,637 | 1,329 | |||||
| Employee-related liabilities | 13,404 | 10,840 | |||||
| Accounts payable | 15,249 | 13,322 | 17,914 | 12,024 | |||
| Accrued liabilities | 45,889 | 36,589 | 35,276 | ||||
| Restructuring reserve | 1,266 | ✕ | ✕ | ||||
| Other undisclosed current liabilities | (16,307) | (12,169) | 22,020 | ||||
| Total current liabilities: | 61,138 | 49,911 | 53,190 | 34,044 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 191,062 | 114,803 | |||||
| Long-term debt, excluding current maturities | 191,062 | 114,803 | |||||
| Liabilities, other than long-term debt | 7,754 | 10,325 | 6,405 | 3,929 | |||
| Deferred revenue and credits | 3,200 | 3,500 | 2,500 | ||||
| Other liabilities | 4,554 | 6,825 | 3,905 | 3,929 | |||
| Total noncurrent liabilities: | 198,816 | 125,128 | 6,405 | 3,929 | |||
| Total liabilities: | 259,954 | 175,039 | 59,595 | 37,973 | |||
| Equity | |||||||
| Equity, attributable to parent | 188,492 | 208,534 | 198,607 | 68,211 | |||
| Common stock | 17 | 17 | 17 | 15 | |||
| Additional paid in capital | 618,219 | 565,609 | 535,817 | 346,301 | |||
| Accumulated other comprehensive loss | (8,245) | (8,373) | (7,874) | (8,063) | |||
| Accumulated deficit | (421,499) | (348,719) | (329,353) | (270,042) | |||
| Total equity: | 188,492 | 208,534 | 198,607 | 68,211 | |||
| Other undisclosed liabilities and equity | 9,130 | 40,240 | 171,625 | 100,315 | |||
| TOTAL LIABILITIES AND EQUITY: | 457,576 | 423,813 | 429,827 | 206,499 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 276,843 | 278,420 | 207,929 | 110,922 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (103,287) | (92,195) | (76,468) | (51,023) | ||
| Gross profit: | 173,556 | 186,225 | 131,461 | 59,899 | ||
| Operating expenses | (210,802) | (186,349) | (179,007) | (137,493) | ||
| Operating loss: | (37,246) | (124) | (47,546) | (77,594) | ||
| Nonoperating income (expense) | (20,215) | (5,548) | 927 | 1,281 | ||
| Investment income, nonoperating | 790 | 666 | 370 | 243 | ||
| Gain (loss), foreign currency transaction, before tax | (4,417) | (4,952) | (70) | 1,224 | ||
| Other nonoperating income (expense) | (16,588) | (1,263) | 626 | (187) | ||
| Interest and debt expense | (14,305) | (26,666) | (12,224) | (11,404) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (71,766) | (32,338) | (58,843) | (87,718) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 13,532 | (1) | ||||
| Loss from continuing operations before income taxes: | (71,766) | (18,806) | (58,844) | (87,718) | ||
| Income tax expense | (1,014) | (560) | (467) | |||
| Loss from continuing operations: | (72,780) | (19,366) | (59,311) | (87,718) | ||
| Loss before gain (loss) on sale of properties: | (72,780) | (19,366) | (59,311) | (87,718) | ||
| Net loss available to common stockholders, diluted: | (72,780) | (19,366) | (59,311) | (87,718) | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net loss: | (72,780) | (19,366) | (59,311) | (87,718) | ||
| Other comprehensive income (loss) | (499) | 189 | (409) | |||
| Comprehensive loss: | (72,780) | (19,865) | (59,122) | (88,127) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 128 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (72,652) | (19,865) | (59,122) | (88,127) | ||
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.