Cyberonics Inc (CYBX) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
100 CYBERONICS BLVD HOUSTON, TX 77058 |
| State of Incorp. | DE |
| Fiscal Year End | April 30 |
| Industry (SIC) | 3845 - Electromedical and Electrotherapeutic Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 4/30/2015 | 4/30/2014 | 4/30/2013 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 151,207 | 128,328 | 135,709 | ||
| Cash and cash equivalents | 124,187 | 103,299 | 120,709 | ||
| Short-term investments | 27,020 | 25,029 | 15,000 | ||
| Receivables | 50,569 | 50,674 | 39,450 | ||
| Inventory, net of allowances, customer advances and progress billings | 23,963 | 17,630 | 17,718 | ||
| Inventory | 23,963 | 17,630 | 17,718 | ||
| Prepaid expense and other current assets | ✕ | ✕ | 4,084 | ||
| Deferred tax assets | 7,199 | ||||
| Other current assets | 7,783 | 6,591 | ✕ | ||
| Other undisclosed current assets | 17,208 | 10,398 | |||
| Total current assets: | 240,721 | 220,431 | 207,358 | ||
| Noncurrent Assets | |||||
| Property, plant and equipment | 40,287 | 39,535 | 28,556 | ||
| Long-term investments and receivables | 15,944 | 10,588 | |||
| Long-term investments | 15,944 | 10,588 | |||
| Intangible assets, net (including goodwill) | 10,168 | 11,655 | 9,220 | ||
| Intangible assets, net (excluding goodwill) | 10,168 | 11,655 | 9,220 | ||
| Other noncurrent assets | 1,564 | 856 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | 496 | ||
| Deferred tax assets, net | 6,078 | ||||
| Other undisclosed noncurrent assets | 17,127 | 5,771 | 7,825 | ||
| Total noncurrent assets: | 75,223 | 73,760 | 56,685 | ||
| TOTAL ASSETS: | 315,944 | 294,191 | 264,043 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 45,230 | 29,898 | 29,576 | ||
| Taxes payable | 551 | ||||
| Employee-related liabilities | 13,781 | ||||
| Accounts payable | 7,251 | 7,570 | 8,026 | ||
| Accrued liabilities | 24,198 | 22,328 | 21,000 | ||
| Other undisclosed current liabilities | (13,781) | (551) | |||
| Total current liabilities: | 31,449 | 29,898 | 29,025 | ||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 7,921 | 4,757 | 3,700 | ||
| Deferred compensation liability, classified | 1,311 | 500 | 100 | ||
| Liability for uncertainty in income taxes | 5,782 | 4,257 | 3,600 | ||
| Other liabilities | 828 | ||||
| Other undisclosed noncurrent liabilities | 436 | 1,750 | |||
| Total noncurrent liabilities: | 7,921 | 5,194 | 5,450 | ||
| Total liabilities: | 39,370 | 35,092 | 34,475 | ||
| Equity | |||||
| Equity, attributable to parent | 276,574 | 259,100 | 229,568 | ||
| Common stock | 321 | 318 | 313 | ||
| Treasury stock, value | (243,535) | (188,519) | (116,161) | ||
| Additional paid in capital | 445,362 | 426,867 | 380,159 | ||
| Accumulated other comprehensive income (loss) | (3,401) | 455 | 168 | ||
| Retained earnings (accumulated deficit) | 77,827 | 19,979 | (34,911) | ||
| Total equity: | 276,574 | 259,100 | 229,568 | ||
| TOTAL LIABILITIES AND EQUITY: | 315,944 | 294,191 | 264,043 | ||
Income Statement (P&L) ($ in thousands)
| 4/30/2015 | 4/30/2014 | 4/30/2013 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 291,558 | 282,014 | 254,320 | |
| Cost of revenue (Cost of Goods and Services Sold) | (27,311) | (27,355) | (21,907) | |
| Gross profit: | 264,247 | 254,659 | 232,413 | |
| Operating expenses | (175,595) | (174,648) | (154,067) | |
| Operating income: | 88,652 | 80,012 | 78,346 | |
| Nonoperating income (expense) | 920 | (133) | 85 | |
| Investment income, nonoperating | 162 | 84 | ||
| Gain, foreign currency transaction, before tax | 441 | 304 | ||
| Other nonoperating income (expense) | 479 | (295) | (304) | |
| Interest and debt expense | (119) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (3,037) | |||
| Income from continuing operations before equity method investments, income taxes: | 89,572 | 79,879 | 75,275 | |
| Other undisclosed loss from continuing operations before income taxes | (278) | |||
| Income from continuing operations before income taxes: | 89,294 | 79,879 | 75,275 | |
| Income tax expense | (31,447) | (24,988) | (28,917) | |
| Income from continuing operations: | 57,848 | 54,890 | 46,358 | |
| Income before gain (loss) on sale of properties: | 57,848 | 54,890 | 46,358 | |
| Net income available to common stockholders, diluted: | 57,848 | 54,890 | 46,358 | |
Comprehensive Income ($ in thousands)
| 4/30/2015 | 4/30/2014 | 4/30/2013 | ||
|---|---|---|---|---|
| Net income: | 57,848 | 54,890 | 46,358 | |
| Other comprehensive income (loss) | 287 | (254) | ||
| Comprehensive income: | 57,848 | 55,177 | 46,104 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (3,856) | |||
| Comprehensive income, net of tax, attributable to parent: | 53,992 | 55,177 | 46,104 | |
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.