RTI Surgical, Inc. (RTIX) financial statements (2023 and earlier)

Company profile

Business Address 11621 RESEARCH CIRCLE
ALACHUA, FL 32615
State of Incorp. DE
Fiscal Year End December 31
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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,94922,38113,84912,61415,70318,72149,696
Cash and cash equivalents10,94922,38113,84912,61415,70318,72149,696
Receivables52,27144,90641,48847,24338,83331,75221,694
Inventory, net of allowances, customer advances and progress billings107,471111,927119,743118,673113,464106,12676,509
Inventory107,471111,927119,743118,673113,464106,12676,509
Prepaid expense4,127     
Prepaid expense and other current assets6,075
Other current assets7445,226    
Other undisclosed current assets 1,2345,21313,18429,49630,06012,598
Total current assets:175,562185,674180,293191,714197,496186,659166,572
Noncurrent Assets
Property, plant and equipment77,95479,56483,29884,99277,02874,73849,644
Intangible assets, net (including goodwill)86,15769,31278,88181,10085,14888,67315,828
Goodwill59,79846,24254,88754,88754,88754,8872,062
Intangible assets, net (excluding goodwill)26,35923,07023,99426,21330,26133,78613,766
Other noncurrent assets4,0031,78159187412,27014,332
Prepaid expense and other noncurrent assets713
Deferred tax assets, net17,5109,57524,96822,385   
Other undisclosed noncurrent assets    6,1935,4528,652
Total noncurrent assets:185,624160,232187,738189,351180,639183,19574,837
TOTAL ASSETS:361,186345,906368,031381,065378,135369,854241,409
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities50,99243,86248,14249,05558,99249,72642,772
Accounts payable26,30918,25226,11220,44626,83423,23111,949
Accrued liabilities24,68325,61022,03028,60924,68922,47820,594
Employee-related liabilities    6,2203,8176,279
Taxes payable    1,2492003,950
Debt 4,2686,0806,0096,4791,344116
Deferred revenue and credits4,8684,7424,8655,9845,1094,803
Deferred tax liabilities    208(318) 
Other undisclosed current liabilities4,908   (7,677)(3,504)(10,229)
Total current liabilities:55,90052,99858,96459,92963,98652,35737,462
Noncurrent Liabilities
Long-term debt and lease obligation, including:49,07342,07677,26773,63169,41367,7064
Long-term debt, excluding current maturities      4
Other undisclosed long-term debt and lease obligation49,07342,07677,26773,63169,41367,706 
Liabilities, other than long-term debt6335,1726,8689,82630,55239,81619,253
Deferred revenue and credits3,7416,6129,35412,46018,75518,780
Deferred tax liabilities, net    6,4857,615473
Other liabilities6331,43125647211,60713,446 
Other undisclosed noncurrent liabilities5,730   (6,485)(7,615)698
Total noncurrent liabilities:55,43647,24884,13583,45793,48099,90719,955
Total liabilities:111,336100,246143,099143,386157,466152,26457,417
Temporary equity, carrying amount  60,01656,323   
Stockholders' equity
Stockholders' equity attributable to parent, including:183,624181,737164,916181,356167,835168,053183,992
Preferred stock    52,83449,537 
Common stock64635858575656
Treasury stock, value(4,869)(4,390)(916)(446)(189)(67)(34)
Additional paid in capital433,143429,459417,428417,725415,702415,426414,482
Accumulated other comprehensive loss(7,270)(6,329)(8,316)(7,042)(3,881)(812)(1,776)
Accumulated deficit(237,444)(237,066)(243,338)(228,939)(243,854)(246,550)(228,736)
Other undisclosed stockholders' equity attributable to parent    (52,834)(49,537) 
Other undisclosed stockholders' equity66,22663,923  52,83449,537 
Total stockholders' equity:249,850245,660164,916181,356220,669217,590183,992
TOTAL LIABILITIES AND EQUITY:361,186345,906368,031381,065378,135369,854241,409

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues280,855279,563272,865282,293262,810197,979178,113
Revenue, net279,563272,865282,293262,810197,979178,113
Cost of revenue
(Cost of Goods and Services Sold)
(140,732)(137,042)(140,516)(132,551)(132,776)(119,659)(96,010)
Other undisclosed gross profit    3,7631,7853,114
Gross profit:140,123142,521132,349149,742133,79780,10585,217
Operating expenses(142,624)(113,711)(148,030)(125,117)(128,172)(108,761)(72,977)
Operating income (loss):(2,501)28,810(15,681)24,6255,625(28,656)12,240
Nonoperating income (expense)(3,080)(3,085)(1,779)(1,411)(1,436)(268)204
Investment income, nonoperating35883923185
Foreign currency transaction gain (loss), before tax(35)87(132)78(88)25119
Interest and debt expense(309)(3,180)(1,655)(1,492)(1,357)(542) 
Other undisclosed income from continuing operations before equity method investments, income taxes    1,357542 
Income (loss) from continuing operations before equity method investments, income taxes:(5,890)22,545(19,115)21,7224,189(28,924)12,444
Other undisclosed income from continuing operations before income taxes3093,1801,6551,492   
Income (loss) from continuing operations before income taxes:(5,581)25,725(17,460)23,2144,189(28,924)12,444
Income tax expense (benefit)4,331(19,453)3,061(8,299)(1,493)11,110(4,042)
Net income (loss) attributable to parent:(1,250)6,272(14,399)14,9152,696(17,814)8,402
Preferred stock dividends and other adjustments(2,120)(3,723)(3,508)(3,305)(3,113)(1,375) 
Net income (loss) available to common stockholders, diluted:(3,370)2,549(17,907)11,610(417)(19,189)8,402

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(1,250)6,272(14,399)14,9152,696(17,814)8,402
Comprehensive income (loss):(1,250)6,272(14,399)14,9152,696(17,814)8,402
Other undisclosed comprehensive loss, net of tax, attributable to parent(3,061)(1,736)(4,782)(6,466)(6,182)(411) 
Comprehensive income (loss), net of tax, attributable to parent:(4,311)4,536(19,181)8,449(3,486)(18,225)8,402

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: