Symmetry Medical Inc (SMA) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
3724 N STATE ROAD 15 WARSAW, IN 46582 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3842 - Orthopedic, Prosthetic, and Surgical Appliances and Supplies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 27,175 | 17,307 | 14,904 | 7,362 | 4,897 | 12,506 | 14,901 | ||
| Cash and cash equivalents | 27,175 | 17,307 | 14,904 | 7,362 | 4,897 | 12,506 | 14,901 | ||
| Receivables | 53,180 | 57,961 | 57,031 | 51,813 | 57,709 | 55,105 | 56,671 | ||
| Inventory, net of allowances, customer advances and progress billings | 56,661 | 58,386 | 59,553 | 58,879 | 60,574 | 65,225 | 66,717 | ||
| Inventory | 56,661 | 58,386 | 59,553 | 58,879 | 60,574 | 65,225 | 66,717 | ||
| Derivative instruments and hedges, assets | 5 | 49 | |||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 4,900 | 4,069 | 5,548 | 4,608 | ||
| Income taxes receivable | 3,198 | 3,917 | 4,725 | 5,784 | 5,060 | 6,408 | 6,125 | ||
| Other current assets | 4,800 | 5,906 | 5,764 | ||||||
| Other undisclosed current assets | 6,193 | 5,975 | 5,653 | 5,439 | 6,409 | 6,870 | 7,803 | ||
| Total current assets: | 151,207 | 149,452 | 147,630 | 134,177 | 138,718 | 151,667 | 156,874 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 87,357 | 88,485 | 90,688 | 89,993 | 91,256 | 94,098 | 95,440 | ||
| Intangible assets, net (including goodwill) | 269,920 | 272,812 | 285,294 | 287,182 | 289,048 | 341,265 | 342,903 | ||
| Goodwill | 170,674 | 171,563 | 182,179 | 182,178 | 181,873 | 228,640 | 228,517 | ||
| Intangible assets, net (excluding goodwill) | 99,246 | 101,249 | 103,115 | 105,004 | 107,175 | 112,625 | 114,386 | ||
| Other noncurrent assets | 2,839 | 3,395 | 3,674 | ||||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 4,484 | 6,005 | 6,560 | 7,259 | ||
| Other undisclosed noncurrent assets | 43 | ||||||||
| Total noncurrent assets: | 360,116 | 364,692 | 379,656 | 381,659 | 386,352 | 441,923 | 445,602 | ||
| TOTAL ASSETS: | 511,323 | 514,144 | 527,286 | 515,836 | 525,070 | 593,590 | 602,476 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 42,729 | 43,332 | 43,874 | 38,546 | 38,557 | 39,566 | 41,877 | ||
| Accounts payable | 28,831 | 32,143 | 32,180 | 28,837 | 26,882 | 29,813 | 31,716 | ||
| Employee-related liabilities | 12,909 | 10,896 | 11,510 | 9,656 | 11,159 | 9,663 | 10,090 | ||
| Taxes payable | 989 | 293 | 184 | 53 | 516 | 90 | 71 | ||
| Debt | 507 | 500 | 488 | 6,996 | 5,701 | 5,688 | 11,601 | ||
| Derivative instruments and hedges, liabilities | 416 | 434 | 309 | 283 | 271 | 227 | 464 | ||
| Other undisclosed current liabilities | 9,144 | 8,070 | 5,874 | 7,138 | 9,109 | 7,107 | 7,381 | ||
| Total current liabilities: | 52,796 | 52,336 | 50,545 | 52,963 | 53,638 | 52,588 | 61,323 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 170,563 | 170,708 | 177,838 | 166,424 | 176,144 | 197,941 | 200,075 | ||
| Long-term debt, excluding current maturities | 170,000 | 170,000 | 177,000 | 165,450 | 175,071 | 196,734 | 198,789 | ||
| Capital lease obligations | 563 | 708 | 838 | 974 | 1,073 | 1,207 | 1,286 | ||
| Liabilities, other than long-term debt | 8,687 | 9,462 | 12,234 | 11,652 | 10,609 | 28,033 | 29,681 | ||
| Accrued income taxes | 685 | 1,524 | 1,380 | 2,126 | 2,118 | 7,124 | 7,124 | ||
| Deferred tax liabilities, net | 4,768 | 4,491 | 8,166 | 7,536 | 5,887 | 18,572 | 18,310 | ||
| Other liabilities | 923 | 948 | 918 | 886 | 943 | 896 | 866 | ||
| Derivative instruments and hedges, liabilities | 2,311 | 2,499 | 1,770 | 1,104 | 1,661 | 1,441 | 3,381 | ||
| Total noncurrent liabilities: | 179,250 | 180,170 | 190,072 | 178,076 | 186,753 | 225,974 | 229,756 | ||
| Total liabilities: | 232,046 | 232,506 | 240,617 | 231,039 | 240,391 | 278,562 | 291,079 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 279,277 | 281,638 | 286,669 | 284,797 | 284,679 | 315,028 | 311,397 | ||
| Common stock | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| Additional paid in capital | 291,893 | 290,994 | 290,092 | 289,257 | 288,986 | 288,297 | 287,854 | ||
| Accumulated other comprehensive income (loss) | 891 | 5,468 | 4,850 | 5,067 | 3,063 | (423) | (2,434) | ||
| Retained earnings (accumulated deficit) | (13,511) | (14,828) | (8,277) | (9,531) | (7,374) | 27,150 | 25,973 | ||
| Total stockholders' equity: | 279,277 | 281,638 | 286,669 | 284,797 | 284,679 | 315,028 | 311,397 | ||
| TOTAL LIABILITIES AND EQUITY: | 511,323 | 514,144 | 527,286 | 515,836 | 525,070 | 593,590 | 602,476 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 95,935 | 101,251 | 101,267 | 101,177 | 98,003 | 101,948 | 98,864 | |
| Cost of revenue | (70,223) | (73,086) | (77,328) | (75,365) | (73,474) | (75,377) | (73,720) | |
| Gross profit: | 25,712 | 28,165 | 23,939 | 25,812 | 24,529 | 26,571 | 25,144 | |
| Operating expenses | (32,992) | (40,813) | (21,096) | (20,888) | (70,533) | (19,055) | (23,522) | |
| Other undisclosed operating income (loss) | 10,339 | 10,072 | 1,982 | 2,614 | (508) | (794) | 2,271 | |
| Operating income (loss): | 3,059 | (2,576) | 4,825 | 7,538 | (46,512) | 6,722 | 3,893 | |
| Nonoperating income (expense) | 710 | 160 | (56) | (758) | (836) | (460) | 121 | |
| Investment income, nonoperating | (5) | (44) | (193) | |||||
| Other nonoperating income (expense) | 710 | 160 | (56) | (758) | (831) | (416) | 314 | |
| Interest and debt expense | (2,051) | (2,109) | (2,726) | (8,631) | (4,337) | (4,554) | (4,617) | |
| Income (loss) from continuing operations before income taxes: | 1,718 | (4,525) | 2,043 | (1,851) | (51,685) | 1,708 | (603) | |
| Income tax expense (benefit) | (401) | 1,911 | (789) | (306) | 17,161 | (531) | 309 | |
| Net income (loss): | 1,317 | (2,614) | 1,254 | (2,157) | (34,524) | 1,177 | (294) | |
| Other undisclosed net loss attributable to parent | (3,937) | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,317 | (6,551) | 1,254 | (2,157) | (34,524) | 1,177 | (294) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,317 | (2,614) | 1,254 | (2,157) | (34,524) | 1,177 | (294) | |
| Other comprehensive loss | (55) | |||||||
| Other undisclosed comprehensive income | 4,061 | |||||||
| Comprehensive income (loss): | 1,317 | (2,614) | 1,254 | 1,904 | (34,524) | 1,177 | (349) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (4,576) | (3,318) | (217) | (2,353) | 3,581 | 2,011 | (3,385) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (3,259) | (5,932) | 1,037 | (449) | (30,943) | 3,188 | (3,734) | |
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.