Spectranetics Corp (SPNC) financial statements (2022 and earlier)

Company profile

Business Address 9965 FEDERAL DRIVE
COLORADO SPRINGS, CO 80921
State of Incorp. DE
Fiscal Year End December 31
SIC 3845 - Electromedical and Electrotherapeutic Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments57,23784,59495,505128,39537,775
Cash and cash equivalents57,23784,59495,505128,39537,775
Receivables43,56543,35941,09026,76619,945
Inventory, net of allowances, customer advances and progress billings27,64225,15525,4469,4769,288
Inventory27,64225,15525,4469,4769,288
Prepaid expense and other current assets2,506
Other undisclosed current assets7,0885,17110,2933,193313
Total current assets:135,532158,279172,334167,83069,827
Noncurrent Assets
Property, plant and equipment44,82744,71933,81928,28127,006
Intangible assets, net (including goodwill)247,040263,072252,51420,45513,316
Goodwill148,811152,616149,89814,84613,296
Intangible assets, net (excluding goodwill)98,229110,456102,6165,60920
Deferred costs  6,912  
Other noncurrent assets2,6791,9291,371591
Prepaid expense and other noncurrent assets620
Total noncurrent assets:294,546309,720294,61649,32740,942
TOTAL ASSETS:430,078467,999466,950217,157110,769
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40,61137,82641,29623,06519,000
Accounts payable6,2304,1504,3972,5871,996
Accrued liabilities34,38133,67635,05218,81916,001
Taxes payable  1,8471,6591,003
Debt24,71224,232   
Business combination, contingent consideration, liability  143
Deferred revenue and credits1,6191,6211,8941,8192,196
Other undisclosed current liabilities  (1,990)(1,659)(1,003)
Total current liabilities:66,94263,67941,34323,22520,193
Noncurrent Liabilities
Long-term debt and lease obligation  230,000  
Long-term debt, excluding current maturities  230,000  
Liabilities, other than long-term debt4,0543,6744,8992,5801,879
Deferred tax liabilities, net2,3661,9153,6771,365888
Other liabilities1,6881,4961,2221,215991
Business combination, contingent consideration, liability 263 
Other undisclosed noncurrent liabilities284,759283,67728,5511,352 
Total noncurrent liabilities:288,813287,351263,4503,9321,879
Total liabilities:355,755351,030304,79327,15722,072
Stockholders' equity
Stockholders' equity attributable to parent, including:74,323116,969162,157190,00088,697
Common stock4342424135
Additional paid in capital332,701313,442298,526284,494183,140
Accumulated other comprehensive loss(5,696)(1,910)(1,280)(305)(618)
Accumulated deficit(252,725)(194,605)(135,131)(94,230)(93,860)
Receivable from shareholders or affiliates for issuance of capital stock(577)    
Other undisclosed stockholders' equity attributable to parent577    
Total stockholders' equity:74,323116,969162,157190,00088,697
TOTAL LIABILITIES AND EQUITY:430,078467,999466,950217,157110,769

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
270,823245,956204,914158,811140,285
Cost of revenue
(Cost of Goods and Services Sold)
(68,326)(62,883)(51,385)(41,356)(37,927)
Other undisclosed gross profit (251)(2,074)  
Gross profit:202,497182,822151,455117,455102,358
Operating expenses(246,132)(233,351)(188,405)(117,061)(99,411)
Operating income (loss):(43,635)(50,529)(36,950)3942,947
Nonoperating income (expense)(13,698)(8,219)(4,273)1613
Foreign currency transaction gain (loss), before tax(403)(369)(211)5(5)
Other nonoperating income   810
Interest and debt expense200200(4,108)(58)(63)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(200)(200)4,1085863
Income (loss) from continuing operations before income taxes:(57,333)(58,748)(41,223)4102,960
Income tax expense (benefit)(787)(726)322(780)(734)
Net income (loss) available to common stockholders, diluted:(58,120)(59,474)(40,901)(370)2,226

Comprehensive Income ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(58,120)(59,474)(40,901)(370)2,226
Comprehensive income (loss):(58,120)(59,474)(40,901)(370)2,226
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3,786)(630)(975)31397
Comprehensive income (loss), net of tax, attributable to parent:(61,906)(60,104)(41,876)(57)2,323

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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