Integer Holdings Corporation (ITGR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5830 GRANITE PARKWAY., SUITE 1150 PLANO, TX 75024 |
| State of Incorp. | DE |
| 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)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 32,142 | 38,615 | 40,604 | 24,272 | 20,187 | 15,593 | |||
| Cash and cash equivalents | 32,142 | 38,615 | 40,604 | 24,272 | 20,187 | 15,593 | |||
| Receivables | 231,159 | 239,556 | 252,569 | 226,328 | 225,707 | 226,566 | |||
| Inventory, net of allowances, customer advances and progress billings | 232,158 | 228,931 | 225,282 | 208,766 | 210,459 | 194,458 | |||
| Inventory | 232,158 | 228,931 | 225,282 | 208,766 | 210,459 | 194,458 | |||
| Contract with customer, asset, after allowance for credit loss | 86,637 | 80,010 | 80,929 | 71,927 | 71,427 | 70,408 | |||
| Other undisclosed current assets | 27,248 | 28,816 | 29,605 | 27,005 | 28,837 | 25,988 | |||
| Total current assets: | 609,344 | 615,928 | 628,989 | 558,298 | 556,617 | 533,013 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 8,352 | 8,537 | 8,650 | 8,852 | |||||
| Operating lease, right-of-use asset | 67,418 | 70,281 | 72,532 | 74,809 | 73,023 | 75,777 | |||
| Property, plant and equipment | 364,283 | 348,895 | 330,995 | 317,243 | 282,330 | 280,461 | |||
| Intangible assets, net (including goodwill) | 1,759,001 | 1,783,576 | 1,798,366 | 1,802,081 | 1,781,119 | 1,819,681 | |||
| Goodwill | 979,886 | 985,982 | 986,906 | 982,192 | 965,118 | 978,559 | |||
| Intangible assets, net (excluding goodwill) | 779,115 | 797,594 | 811,460 | 819,889 | 816,001 | 841,122 | |||
| Deferred income tax assets | 6,398 | 6,447 | 6,363 | 6,247 | 6,117 | 6,149 | |||
| Other noncurrent assets | 24,553 | 27,680 | 27,655 | 26,856 | 39,267 | 43,006 | |||
| Total noncurrent assets: | 2,230,005 | 2,245,416 | 2,244,561 | 2,236,088 | 2,181,856 | 2,225,074 | |||
| TOTAL ASSETS: | 2,839,349 | 2,861,344 | 2,873,550 | 2,794,386 | 2,738,473 | 2,758,087 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 190,842 | 181,721 | 194,200 | 184,279 | 172,911 | 171,714 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 1,357 | 259 | ||
| Accounts payable | 108,351 | 107,507 | 124,280 | 110,780 | 101,152 | 103,111 | |||
| Accrued liabilities | 82,491 | 74,214 | 69,920 | 73,499 | 70,402 | 68,344 | |||
| Deferred revenue | 5,818 | 8,777 | 6,366 | 6,156 | 8,718 | ||||
| Debt | 5,000 | 10,000 | 18,188 | 15,250 | 15,250 | ||||
| Accrued environmental loss contingencies | 100 | ||||||||
| Other undisclosed current liabilities | 6,441 | 4,334 | 14,909 | 21,185 | 4,445 | 2,044 | |||
| Total current liabilities: | 203,101 | 199,832 | 225,475 | 223,752 | 198,762 | 197,726 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 948,871 | 988,075 | 1,000,278 | 915,079 | 985,413 | 996,325 | |||
| Long-term debt, excluding current maturities | 941,383 | 980,398 | 992,469 | 907,073 | 923,396 | 931,889 | |||
| Finance lease, liability | 7,488 | 7,677 | 7,809 | 8,006 | |||||
| Liabilities, other than long-term debt | 224,028 | 227,782 | 229,861 | 238,099 | 199,234 | 200,585 | |||
| Deferred income tax liabilities | 151,386 | 152,926 | 153,028 | 160,671 | 176,835 | 178,695 | |||
| Other liabilities | 15,317 | 14,868 | 14,858 | 13,379 | 22,399 | 21,890 | |||
| Operating lease, liability | 57,325 | 59,988 | 61,975 | 64,049 | 62,017 | 64,436 | |||
| Total noncurrent liabilities: | 1,172,899 | 1,215,857 | 1,230,139 | 1,153,178 | 1,184,647 | 1,196,910 | |||
| Total liabilities: | 1,376,000 | 1,415,689 | 1,455,614 | 1,376,930 | 1,383,409 | 1,394,636 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,463,349 | 1,445,655 | 1,417,936 | 1,417,456 | 1,355,064 | 1,363,451 | |||
| Common stock | 33 | 33 | 33 | 33 | 33 | 33 | |||
| Additional paid in capital | 721,283 | 715,715 | 709,171 | 731,393 | 727,050 | 722,175 | |||
| Accumulated other comprehensive income (loss) | (2,961) | 12,170 | 14,966 | 5,329 | (34,603) | (5,284) | |||
| Retained earnings | 744,994 | 717,737 | 693,766 | 680,701 | 662,584 | 646,527 | |||
| Total equity: | 1,463,349 | 1,445,655 | 1,417,936 | 1,417,456 | 1,355,064 | 1,363,451 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,839,349 | 2,861,344 | 2,873,550 | 2,794,386 | 2,738,473 | 2,758,087 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 404,693 | 400,044 | 378,785 | 372,423 | 342,680 | 350,081 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (299,137) | (294,240) | (282,112) | (274,507) | (255,962) | (257,184) | ||
| Gross profit: | 105,556 | 105,804 | 96,673 | 97,916 | 86,718 | 92,897 | ||
| Operating expenses | (57,481) | (64,228) | (62,507) | (61,051) | (57,460) | (60,190) | ||
| Operating income: | 48,075 | 41,576 | 34,166 | 36,865 | 29,258 | 32,707 | ||
| Nonoperating income (expense) | (4,031) | (225) | (915) | 5,578 | (1,587) | (511) | ||
| Investment income, nonoperating | (3,451) | 134 | (155) | (2,887) | (320) | |||
| Other nonoperating income (expense) | (580) | (359) | (760) | 1,300 | (191) | |||
| Interest and debt expense | (11,967) | (11,459) | (17,254) | (14,215) | (10,676) | (7,773) | ||
| Income from continuing operations before equity method investments, income taxes: | 32,077 | 29,892 | 15,997 | 28,228 | 16,995 | 24,423 | ||
| Other undisclosed loss from continuing operations before income taxes | (7,636) | |||||||
| Income from continuing operations before income taxes: | 32,077 | 29,892 | 15,997 | 20,592 | 16,995 | 24,423 | ||
| Income tax expense | (4,820) | (5,921) | (2,932) | (3,502) | (938) | (3,587) | ||
| Income from continuing operations: | 27,257 | 23,971 | 13,065 | 17,090 | 16,057 | 20,836 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 16,057 | 20,836 | |
| Other undisclosed net income | 1,027 | |||||||
| Net income available to common stockholders, diluted: | 27,257 | 23,971 | 13,065 | 18,117 | 16,057 | 20,836 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 27,257 | 23,971 | 13,065 | 18,117 | 16,057 | 20,836 | ||
| Other undisclosed comprehensive income (loss) | (21,861) | |||||||
| Comprehensive income (loss): | 27,257 | 23,971 | 13,065 | (3,744) | 16,057 | 20,836 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (15,131) | (2,796) | 9,637 | 61,793 | (29,319) | (27,321) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 12,126 | 21,175 | 22,702 | 58,049 | (13,262) | (6,485) | ||
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.