Hutchinson Technology Inc (HTCH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
40 W HIGHLAND PARK HUTCHINSON, MN 55350 |
| State of Incorp. | MN |
| Fiscal Year End | September 30 |
| Industry (SIC) | 3679 - Electronic Components, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 MRQ | 9/30/2015 | 9/30/2014 | 9/30/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 40,419 | 38,904 | 40,603 | |||
| Cash and cash equivalents | 39,454 | 37,939 | 39,403 | |||
| Short-term investments | 965 | 965 | 1,200 | |||
| Restricted cash and investments | 2,642 | 3,024 | ||||
| Receivables | 18,567 | 26,865 | 21,680 | |||
| Inventory, net of allowances, customer advances and progress billings | 40,148 | 48,978 | 44,285 | |||
| Inventory | 40,148 | 48,978 | 44,285 | |||
| Other current assets | 3,588 | 4,323 | 6,383 | |||
| Other undisclosed current assets | (2,642) | (3,024) | 3,214 | |||
| Total current assets: | 102,722 | 119,070 | 116,165 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 134,509 | 153,169 | 186,914 | |||
| Intangible assets, net (including goodwill) | (1,202) | |||||
| Intangible assets, net (excluding goodwill) | (1,202) | |||||
| Other noncurrent assets | 4,281 | 2,926 | 3,596 | |||
| Other undisclosed noncurrent assets | 1,202 | |||||
| Total noncurrent assets: | 138,790 | 156,095 | 190,510 | |||
| TOTAL ASSETS: | 241,512 | 275,165 | 306,675 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 36,342 | 34,773 | 29,601 | |||
| Interest and dividends payable | 2,838 | |||||
| Employee-related liabilities | 9,388 | 9,312 | ||||
| Accounts payable | 19,877 | 19,055 | 23,535 | |||
| Accrued liabilities | 4,239 | 6,406 | 6,066 | |||
| Debt | 3,000 | 50,840 | 5,102 | |||
| Other undisclosed current liabilities | 2,188 | 9,251 | ||||
| Total current liabilities: | 41,530 | 85,613 | 43,954 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 122,156 | 91,632 | 125,991 | |||
| Long-term debt, excluding current maturities | 124,887 | 87,168 | 123,023 | |||
| Capital lease obligations | 4,220 | 4,464 | 2,968 | |||
| Other undisclosed long-term debt and lease obligation | (6,951) | |||||
| Liabilities, other than long-term debt | 1,649 | 1,891 | 524 | |||
| Deferred revenue and credits | 1,649 | 1,891 | 524 | |||
| Total noncurrent liabilities: | 123,805 | 93,523 | 126,515 | |||
| Total liabilities: | 165,335 | 179,136 | 170,469 | |||
| Equity | ||||||
| Equity, attributable to parent | 70,875 | 94,828 | 134,233 | |||
| Common stock | 335 | 281 | 276 | |||
| Additional paid in capital | 452,165 | 433,308 | 431,909 | |||
| Accumulated other comprehensive loss | (4,309) | (543) | (148) | |||
| Accumulated deficit | (377,316) | (338,218) | (297,804) | |||
| Total equity: | 70,875 | 94,828 | 134,233 | |||
| Other undisclosed liabilities and equity | 5,302 | 1,201 | 1,973 | |||
| TOTAL LIABILITIES AND EQUITY: | 241,512 | 275,165 | 306,675 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 TTM | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|
| Revenues | 252,823 | 253,543 | 241,811 | ||
| Revenue, net | 252,823 | 261,087 | 249,596 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (222,791) | (237,186) | (233,171) | ||
| Other undisclosed gross profit | 7,544 | 7,785 | |||
| Gross profit: | 30,032 | 23,901 | 16,425 | ||
| Operating expenses | (47,423) | (47,445) | (41,268) | ||
| Other undisclosed operating income (loss) | 63 | (57) | 98 | ||
| Operating loss: | (17,328) | (23,601) | (24,745) | ||
| Nonoperating expense | (7,447) | (3,741) | (452) | ||
| Investment income, nonoperating | 40 | 73 | 98 | ||
| Loss, foreign currency transaction, before tax | (3,949) | (2,076) | |||
| Other nonoperating expense | (3,538) | (1,738) | (550) | ||
| Interest and debt expense | (18,346) | (15,909) | (10,135) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3,949 | 2,076 | 272 | ||
| Loss from continuing operations before equity method investments, income taxes: | (39,172) | (41,175) | (35,060) | ||
| Other undisclosed income from continuing operations before income taxes | 35,069 | ||||
| Income (loss) from continuing operations before income taxes: | (39,172) | (41,175) | 9 | ||
| Income tax expense (benefit) | 74 | 761 | (16) | ||
| Loss from continuing operations: | (39,098) | (40,414) | (7) | ||
| Loss before gain (loss) on sale of properties: | (39,098) | (40,414) | (7) | ||
| Net loss: | (39,098) | (40,414) | (7) | ||
| Other undisclosed net loss attributable to parent | (35,069) | ||||
| Net loss available to common stockholders, diluted: | (39,098) | (40,414) | (35,076) | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 TTM | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|
| Net loss: | (39,098) | (40,414) | (7) | ||
| Other comprehensive loss | (3,766) | (395) | (19) | ||
| Comprehensive loss: | (42,864) | (40,809) | (26) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (35,069) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (42,864) | (40,809) | (35,095) | ||
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.