Luminex Corporation (LMNX) financial statements (2022 and earlier)

Company profile

Business Address 12212 TECHNOLOGY BLVD
AUSTIN, TX 78727
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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments309,40759,17376,441127,11293,452140,53491,694
Cash and cash equivalents309,40759,17376,441127,11293,452128,54691,694
Short-term investments     11,988 
Receivables66,96355,81553,39640,64832,36528,85329,095
Inventory, net of allowances, customer advances and progress billings123,13477,08463,25049,47840,77531,25236,616
Inventory123,13477,08463,25049,47840,77531,25236,616
Deferred tax assets    12,203
Other current assets9,52710,398     
Other undisclosed current assets  9,6577,4037,1458,8877,412
Total current assets:509,031202,470202,744224,641173,737209,526177,020
Noncurrent Assets
Operating lease, right-of-use asset17,768 
Property, plant and equipment64,14665,51566,28858,25857,37547,79639,945
Long-term investments and receivables 11,501 4,4002,0007,45915,975
Long-term investments 11,501 3,0002,0007,45915,975
Accounts and financing receivable, after allowance for credit loss   1,400   
Intangible assets, net (including goodwill)196,941208,481223,275161,466170,322102,101106,001
Goodwill118,145118,145118,12785,48185,48149,61949,619
Intangible assets, net (excluding goodwill)78,79690,336105,14875,98584,84152,48256,382
Deferred income tax assets21,077 
Other noncurrent assets16,50019,12211,3988,5996,7853,8533,185
Deferred tax assets, net    15,399
Other undisclosed noncurrent assets 36,64021,47033,15240,49731,8211
Total noncurrent assets:316,432341,259322,431265,875276,979193,030180,506
TOTAL ASSETS:825,463543,729525,175490,516450,716402,556357,526
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities77,41449,85541,27640,52735,08023,02035,919
Accounts payable21,04917,98314,50414,53712,2767,86811,841
Accrued liabilities56,36531,87226,77225,99022,80415,15214,118
Employee-related liabilities      9,960
Deferred revenue10,047 
Deferred revenue and credits4,7215,1204,2124,407
Deferred tax liabilities    (1,000)
Contract with customer, liability8,214 
Other undisclosed current liabilities  10,099   (8,960)
Total current liabilities:87,46158,06951,37545,24840,20027,23230,366
Noncurrent Liabilities
Long-term debt and lease obligation13,366      
Operating lease, liability13,366 
Liabilities, other than long-term debt3,7893,6186,1447,3616,8376,788(14,908)
Deferred revenue and credits1,0791,4981,8752,0642,297
Deferred revenue1,658 
Contract with customer, liability1,633 
Deferred tax liabilities, net    (22,074)
Other liabilities2,1311,9855,0655,8634,9624,7244,869
Other undisclosed noncurrent liabilities203,13617,182    22,074
Total noncurrent liabilities:220,29120,8006,1447,3616,8376,7887,166
Total liabilities:307,75278,86957,51952,60947,03734,02037,532
Stockholders' equity
Stockholders' equity attributable to parent, including:517,711464,860467,656437,907403,679368,536319,994
Common stock  4443434242
Additional paid in capital434,021380,304365,349350,834336,430321,657309,424
Accumulated other comprehensive loss(142)(1,380)(1,127)(625)(1,692)(1,296)(744)
Retained earnings83,78785,892103,39087,65568,89848,13311,272
Other undisclosed stockholders' equity attributable to parent4544     
Total stockholders' equity:517,711464,860467,656437,907403,679368,536319,994
TOTAL LIABILITIES AND EQUITY:825,463543,729525,175490,516450,716402,556357,526

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues417,396334,638315,818306,571270,639237,708226,983
Revenue, net315,818306,571270,639237,708226,983
Cost of revenue(169,544)(151,899)(120,327)(107,525)(90,984)(69,001)(67,131)
Cost of goods and services sold(169,544)(151,899) (107,525)(90,984)(69,001)(67,131)
Gross profit:247,852182,739195,491199,046179,655168,707159,852
Operating expenses(205,409)(194,818)(167,645)(161,893)(158,669)(131,350)(131,715)
Operating income (loss):42,443(12,079)27,84637,15320,98637,35728,137
Nonoperating income (expense)(11,912)3,100465(4)129987(30)
Foreign currency transaction gain, before tax  487   16
Other nonoperating income (expense)   (4)129987(46)
Interest and debt expense(6,533)   (1,500) (6)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (5,300)(16)
Income (loss) from continuing operations before equity method investments, income taxes:23,998(8,979)28,31137,14919,61533,04428,085
Loss from equity method investments(1,591)(523)     
Income (loss) from continuing operations before income taxes:22,407(9,502)28,31137,14919,61533,04428,085
Income tax expense (benefit)(13,770)5,664(9,803)(7,726)(5,801)3,81710,958
Income (loss) from continuing operations:8,637(3,838)18,50829,42313,81436,86139,043
Income from discontinued operations      2,800
Net income (loss):8,637(3,838)18,50829,42313,81436,86141,843
Other undisclosed net income (loss) attributable to parent6,533     (2,800)
Net income (loss) attributable to parent:15,170(3,838)18,50829,42313,81436,86139,043
Other undisclosed net income (loss) available to common stockholders, basic(297)65(312)(529)   
Net income (loss) available to common stockholders, basic:14,873(3,773)18,19628,89413,81436,86139,043
Other undisclosed net loss available to common stockholders, diluted(1)(2)     
Net income (loss) available to common stockholders, diluted:14,872(3,775)18,19628,89413,81436,86139,043

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):8,637(3,838)18,50829,42313,81436,86141,843
Other comprehensive income (loss)1,238(253)     
Other undisclosed comprehensive income (loss)   1,067(396)(552)(3,963)
Comprehensive income (loss):9,875(4,091)18,50830,49013,41836,30937,880
Other undisclosed comprehensive income (loss), net of tax, attributable to parent6,533 (502)    
Comprehensive income (loss), net of tax, attributable to parent:16,408(4,091)18,00630,49013,41836,30937,880

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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