Heartware International Inc (HTWR) financial statements (2022 and earlier)

Company profile

Business Address 500 OLD CONNECTICUT PATH
FRAMINGHAM, MA 01701
State of Incorp. DE
Fiscal Year End December 31
SIC 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:244,600179,700201,700102,808
Cash and cash equivalents175,047102,946162,88085,921
Short-term investments68,53175,53537,59616,887
Other undisclosed cash, cash equivalents, and short-term investments1,0221,2191,224 
Receivables35,57038,04128,05225,225
Inventory, net of allowances, customer advances and progress billings47,68654,04640,87638,443
Inventory47,68654,04640,87638,443
Prepaid expense and other current assets5,925
Other undisclosed current assets1,8464,7569,981 
Total current assets:329,702276,543280,609172,401
Noncurrent Assets
Property, plant and equipment15,09819,03618,56219,380
Long-term investments and receivables, including:2,500   
Other undisclosed long-term investments and receivables2,500   
Intangible assets, net (including goodwill)74,27879,19777,5718,984
Goodwill61,23361,39061,5961,190
Intangible assets, net (excluding goodwill)13,04517,80715,9757,794
Prepaid expense and other noncurrent assets3,405
Investments and other noncurrent assets15,621 
Other undisclosed noncurrent assets35,99849,03737,4642,329
Total noncurrent assets:127,874147,270149,21834,098
TOTAL ASSETS:457,576423,813429,827206,499
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities61,13864,95265,35912,024
Accounts payable15,24913,32217,91412,024
Accrued liabilities45,88936,58935,276 
Employee-related liabilities 13,40410,840 
Taxes payable 1,6371,329 
Restructuring reserve 1,266
Other undisclosed current liabilities (16,307)(12,169)22,020
Total current liabilities:61,13849,91153,19034,044
Noncurrent Liabilities
Long-term debt and lease obligation191,062114,803  
Long-term debt, excluding current maturities191,062114,803  
Liabilities, other than long-term debt7,75410,3256,4053,929
Deferred revenue and credits3,2003,5002,500 
Other liabilities4,5546,8253,9053,929
Total noncurrent liabilities:198,816125,1286,4053,929
Total liabilities:259,954175,03959,59537,973
Stockholders' equity
Stockholders' equity attributable to parent188,492208,534198,60768,211
Common stock17171715
Additional paid in capital618,219565,609535,817346,301
Accumulated other comprehensive loss(8,245)(8,373)(7,874)(8,063)
Accumulated deficit(421,499)(348,719)(329,353)(270,042)
Total stockholders' equity:188,492208,534198,60768,211
Other undisclosed liabilities and equity9,13040,240171,625100,315
TOTAL LIABILITIES AND EQUITY:457,576423,813429,827206,499

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
276,843278,420207,929110,922
Cost of revenue
(Cost of Goods and Services Sold)
(103,287)(92,195)(76,468)(51,023)
Gross profit:173,556186,225131,46159,899
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)9271,281
Investment income, nonoperating790666370243
Foreign currency transaction gain (loss), 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) 
Net loss available to common stockholders, diluted:(72,780)(19,366)(59,311)(87,718)

Comprehensive Income ($ in thousands)

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 parent128   
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 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.

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