Varex Imaging Corporation(NASDAQ:VREX)

Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image...
Website: http://www.vareximaging.com
Founded: 2016
Full Time Employees: 2,000
Sector: Healthcare
Industry: Medical Devices
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-07-04 | 2025-04-04 | 2025-01-03 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-29 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-30 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2021-01-01 | 2020-10-02 | 2020-07-03 | 2020-04-03 | 2020-01-03 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-28 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-29 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 216 | 209,600,000 | -615,699,155.4 | 203,000,000 | 212,900,000 | 199,800,000 | 205,700,000 | 209,100,000 | 206,200,000 | 190,000,000 | 227,400,000 | 232,200,000 | 228,200,000 | 205,600,000 | 231,400,000 | 214,500,000 | 214,700,000 | 198,800,000 | 226,300,000 | 211,200,000 | 203,500,000 | 177,100,000 | 170,000,000 | 171,200,000 | 197,000,000 | 200,100,000 | 202,400,000 | 196,700,000 | 195,800,000 | 185,700,000 | 204,800,000 | 191,200,000 | 201,200,000 | 176,200,000 | 215,700,000 | 170,100,000 | 154,800,000 | 157,400,000 |
cost of revenues | 143.4 | 139,800,000 | -402,999,445.9 | 135,500,000 | 136,200,000 | 131,300,000 | 138,600,000 | 142,200,000 | 140,400,000 | 132,900,000 | 149,400,000 | 155,900,000 | 155,500,000 | 142,300,000 | 156,900,000 | 141,100,000 | 143,900,000 | 134,000,000 | 150,700,000 | 137,100,000 | 138,900,000 | 119,900,000 | 124,800,000 | 144,900,000 | 139,400,000 | 139,000,000 | 130,800,000 | 136,000,000 | 131,400,000 | 125,700,000 | 145,600,000 | 128,200,000 | 131,100,000 | 114,700,000 | 138,000,000 | 110,600,000 | 97,200,000 | 98,600,000 |
gross profit | 72.6 | 69,800,000 | -212,699,709.5 | 67,500,000 | 76,700,000 | 68,500,000 | 67,100,000 | 66,900,000 | 65,800,000 | 57,100,000 | 78,000,000 | 76,300,000 | 72,700,000 | 63,300,000 | 74,500,000 | 73,400,000 | 70,800,000 | 64,800,000 | 75,600,000 | 74,100,000 | 64,600,000 | 57,200,000 | ||||||||||||||||
yoy | -100.00% | 1.90% | -416.99% | 0.90% | 16.57% | 19.96% | -13.97% | -12.32% | -9.49% | -9.79% | 4.70% | 3.95% | 2.68% | -2.31% | -1.46% | -0.94% | 9.60% | 13.29% | ||||||||||||||||||||
qoq | -100.00% | -132.82% | -415.11% | -11.99% | 11.97% | 2.09% | 0.30% | 1.67% | 15.24% | -26.79% | 2.23% | 4.95% | 14.85% | -15.03% | 1.50% | 3.67% | 9.26% | -14.29% | 2.02% | 14.71% | 12.94% | |||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||
research and development | 22.2 | 21,700,000 | -66,899,908.9 | 21,400,000 | 22,000,000 | 23,500,000 | 21,900,000 | 22,000,000 | 22,600,000 | 20,500,000 | 21,800,000 | 20,000,000 | 23,000,000 | 20,000,000 | 20,200,000 | 20,200,000 | 18,900,000 | 17,700,000 | 17,800,000 | 19,200,000 | 18,200,000 | 16,700,000 | 17,300,000 | 19,000,000 | 20,900,000 | 21,700,000 | 19,600,000 | 20,900,000 | 18,800,000 | 18,800,000 | 20,700,000 | 20,500,000 | 22,000,000 | 19,700,000 | 21,900,000 | 17,700,000 | 14,400,000 | 13,300,000 |
selling, general, and administrative | 36 | 32,700,000 | -99,299,866.7 | 32,900,000 | 32,600,000 | 33,800,000 | 25,875,000 | 35,600,000 | 35,500,000 | 32,400,000 | ||||||||||||||||||||||||||||
total operating expenses | 58.2 | 54,400,000 | -260,099,681.7 | 148,200,000 | 54,600,000 | 57,300,000 | 56,200,000 | 57,600,000 | 58,100,000 | 52,900,000 | 53,700,000 | 52,100,000 | 57,100,000 | 50,300,000 | 49,900,000 | 50,400,000 | 44,200,000 | 50,800,000 | 49,100,000 | 48,400,000 | 48,800,000 | 51,100,000 | 58,100,000 | 53,100,000 | 56,200,000 | 56,500,000 | 55,400,000 | 56,100,000 | 49,900,000 | 49,600,000 | 52,800,000 | 55,700,000 | 52,900,000 | 47,900,000 | 51,100,000 | 44,000,000 | 34,100,000 | 40,200,000 |
operating income | 14.4 | 15,400,000 | 47,399,972.2 | -80,700,000 | 22,100,000 | 11,200,000 | 10,900,000 | 9,300,000 | 7,700,000 | 4,200,000 | 24,300,000 | 24,200,000 | 15,600,000 | 13,000,000 | 24,600,000 | 23,000,000 | 26,600,000 | 14,000,000 | 26,500,000 | 25,700,000 | 15,800,000 | |||||||||||||||||
yoy | -100.00% | 37.50% | 334.86% | -967.74% | 187.01% | 166.67% | -55.14% | -61.57% | -50.64% | -67.69% | -1.22% | 5.22% | -41.35% | -7.14% | -7.17% | -10.51% | 68.35% | |||||||||||||||||||||
qoq | -100.00% | -67.51% | -158.74% | -465.16% | 97.32% | 2.75% | 17.20% | 20.78% | 83.33% | -82.72% | 0.41% | 55.13% | 20.00% | -47.15% | 6.96% | -13.53% | 90.00% | -47.17% | 3.11% | 62.66% | ||||||||||||||||||
interest income | 0.4 | 600,000 | -7,499,991.5 | 2,500,000 | 2,900,000 | 2,100,000 | 1,800,000 | 1,800,000 | 1,800,000 | 1,900,000 | 1,600,000 | 900,000 | 700,000 | 500,000 | 200,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |||||||||||||||
interest expense | -17.2 | -7,900,000 | 27,599,964.5 | -9,400,000 | -10,200,000 | -8,000,000 | -7,600,000 | -7,400,000 | -7,900,000 | -7,300,000 | -7,200,000 | -7,300,000 | -7,300,000 | -7,500,000 | -9,400,000 | -9,400,000 | -11,100,000 | -9,900,000 | -10,800,000 | -10,600,000 | -10,400,000 | -10,300,000 | -14,500,000 | -6,900,000 | -4,600,000 | -5,400,000 | -5,400,000 | -5,100,000 | -5,500,000 | -5,100,000 | -5,200,000 | -5,400,000 | -5,600,000 | -5,500,000 | -6,500,000 | -4,200,000 | -1,000,000 | -600,000 |
other expense | -4 | -4,300,000 | -2,600,000 | -2,900,000 | -17,700,000 | -700,000 | -1,200,000 | -600,000 | -2,000,000 | -800,000 | -500,000 | -1,125,000 | -6,100,000 | -400,000 | -1,200,000 | |||||||||||||||||||||||
interest and other expense | -20.8 | -11,600,000 | 25,899,968.6 | -5,900,000 | -11,300,000 | -8,700,000 | -8,400,000 | -8,500,000 | -5,400,000 | -4,800,000 | -23,300,000 | -7,100,000 | -7,800,000 | -7,600,000 | -10,500,000 | -9,500,000 | -13,000,000 | -10,700,000 | -11,700,000 | -10,400,000 | -12,600,000 | -10,800,000 | -17,600,000 | -13,000,000 | -2,500,000 | -5,800,000 | -4,550,000 | -5,200,000 | -6,700,000 | -6,300,000 | ||||||||
income before taxes | -6.4 | 3,800,000 | 73,299,940.8 | -86,600,000 | 10,800,000 | 2,500,000 | 2,500,000 | 800,000 | 2,300,000 | -600,000 | 1,000,000 | 17,100,000 | 7,800,000 | 5,400,000 | 14,100,000 | 13,500,000 | 13,600,000 | 3,300,000 | 14,800,000 | 15,300,000 | 3,200,000 | |||||||||||||||||
income tax expense | 1.6 | 1,400,000 | -8,799,989.3 | 2,500,000 | 3,700,000 | 2,600,000 | 52,400,000 | -700,000 | 700,000 | -200,000 | -31,000,000 | 7,900,000 | 3,500,000 | 2,200,000 | 900,000 | 5,100,000 | 6,000,000 | 1,700,000 | 6,000,000 | 3,100,000 | 1,600,000 | -2,725,000 | -11,600,000 | |||||||||||||||
net income | -8 | 2,400,000 | 82,099,930.1 | -89,100,000 | 7,100,000 | -100,000 | -49,900,000 | 1,500,000 | 1,600,000 | -400,000 | 32,000,000 | 9,200,000 | 4,300,000 | 3,200,000 | 13,200,000 | 8,400,000 | 7,600,000 | 1,600,000 | 8,800,000 | 12,200,000 | 3,200,000 | -6,300,000 | ||||||||||||||||
yoy | -100.00% | -2500.00% | -264.53% | -6040.00% | 343.75% | -75.00% | -255.94% | -83.70% | -62.79% | -112.50% | 142.42% | 9.52% | -43.42% | 100.00% | 50.00% | -31.15% | 137.50% | -125.40% | ||||||||||||||||||||
qoq | -100.00% | -97.08% | -192.14% | -1354.93% | -7200.00% | -99.80% | -3426.67% | -6.25% | -500.00% | -101.25% | 247.83% | 113.95% | 34.38% | -75.76% | 57.14% | 10.53% | 375.00% | -81.82% | -27.87% | 281.25% | -150.79% | |||||||||||||||||
less: net income attributable to noncontrolling interests | 0.1 | 100,000 | -399,999.6 | 200,000 | 200,000 | 100,000 | 100,000 | 200,000 | 100,000 | 100,000 | 100,000 | 200,000 | 100,000 | 100,000 | 200,000 | 200,000 | 100,000 | 200,000 | 100,000 | |||||||||||||||||||
net income attributable to varex | -8.1 | 2,300,000 | 82,499,929.7 | -89,100,000 | 6,900,000 | -50,000,000 | 1,400,000 | 1,400,000 | -500,000 | 31,900,000 | 9,100,000 | 4,100,000 | 3,100,000 | 13,100,000 | 8,200,000 | 7,600,000 | 1,400,000 | 8,700,000 | 12,000,000 | 3,100,000 | ||||||||||||||||||
net income per common share attributable to varex | ||||||||||||||||||||||||||||||||||||||
basic | -0.19 | 60,000 | 1,999,998.3 | -2,150,000 | 170,000 | -1,230,000 | 30,000 | 30,000 | -10,000 | 790,000 | 230,000 | 100,000 | 80,000 | 330,000 | 210,000 | 190,000 | 40,000 | 220,000 | 310,000 | 80,000 | ||||||||||||||||||
diluted | -0.19 | 50,000 | 1,999,998.3 | -2,150,000 | 170,000 | -1,230,000 | 30,000 | 30,000 | -10,000 | 680,000 | 210,000 | 100,000 | 80,000 | 320,000 | 200,000 | 180,000 | 30,000 | 210,000 | 290,000 | 80,000 | ||||||||||||||||||
weighted-average common shares outstanding | ||||||||||||||||||||||||||||||||||||||
basic | 42 | 41,800,000 | 41.4 | 41,500,000 | 41,400,000 | 41,100,000 | 40,800,000 | 40,900,000 | 40,700,000 | 40,600,000 | 40,300,000 | 40,400,000 | 40,200,000 | 40,100,000 | 39,800,000 | 39,900,000 | 39,700,000 | 39,500,000 | 39,300,000 | 39,400,000 | 39,200,000 | 39,100,000 | 38,800,000 | 39,000,000 | 38,600,000 | 38,500,000 | 38,200,000 | 38,300,000 | 38,200,000 | 38,100,000 | 37,900,000 | 37,900,000 | 37,800,000 | 37,700,000 | 37,600,000 | 37,600,000 | 37,500,000 | |
diluted | 42 | 42,300,000 | 41.4 | 41,500,000 | 51,200,000 | 41,100,000 | 40,800,000 | 41,200,000 | 41,200,000 | 40,600,000 | 50,300,000 | 50,400,000 | 40,500,000 | 40,600,000 | 41,600,000 | 40,500,000 | 42,200,000 | 43,900,000 | 40,300,000 | 41,300,000 | 40,000,000 | 39,100,000 | 38,800,000 | 39,000,000 | 38,600,000 | 38,500,000 | 38,600,000 | 38,300,000 | 38,500,000 | 38,300,000 | 38,400,000 | 38,400,000 | 38,400,000 | 38,200,000 | 38,000,000 | 38,000,000 | 37,800,000 | |
impairment of goodwill | -93,899,906.1 | 93,900,000 | ||||||||||||||||||||||||||||||||||||
other income | -1,450,000 | 1,000,000 | -4,000,000 | -2,800,000 | 700,000 | 600,000 | -750,000 | -200,000 | -625,000 | 200,000 | -2,200,000 | 2,000,000 | -600,000 | -100,000 | -1,300,000 | -1,100,000 | 700,000 | 4,100,000 | -1,100,000 | -1,900,000 | 4,400,000 | -100,000 | 200,000 | |||||||||||||||
net loss attributable to varex | -300,000 | -6,400,000 | ||||||||||||||||||||||||||||||||||||
net loss per common share attributable to varex | ||||||||||||||||||||||||||||||||||||||
basic | -10,000 | -160,000 | ||||||||||||||||||||||||||||||||||||
diluted | -10,000 | -160,000 | ||||||||||||||||||||||||||||||||||||
selling, general and administrative | 31,900,000 | 32,100,000 | 34,100,000 | 30,300,000 | 29,700,000 | 30,200,000 | 25,300,000 | 33,100,000 | 31,300,000 | 29,200,000 | 30,600,000 | 34,400,000 | 40,700,000 | 31,400,000 | 35,300,000 | 34,800,000 | 31,000,000 | 35,200,000 | 31,100,000 | 30,800,000 | 32,100,000 | 35,200,000 | 30,900,000 | 28,200,000 | 29,200,000 | 26,300,000 | 19,700,000 | 26,900,000 | ||||||||||
impairment of intangible assets | 100,000 | 2,700,000 | ||||||||||||||||||||||||||||||||||||
operating earnings | 6,100,000 | -12,900,000 | -26,800,000 | 1,400,000 | 4,600,000 | 16,200,000 | 4,600,000 | 14,500,000 | 10,400,000 | 6,400,000 | 7,300,000 | 17,200,000 | 13,600,000 | 26,600,000 | 15,500,000 | 23,500,000 | 18,600,000 | |||||||||||||||||||||
loss before taxes | -4,700,000 | |||||||||||||||||||||||||||||||||||||
less: net earnings attributable to noncontrolling interests | 100,000 | 200,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 400,000 | 100,000 | 100,000 | 100,000 | 200,000 | 100,000 | 100,000 | |||||||||||||||||||||||
gross margin | 36,250,000 | 26,300,000 | 57,600,000 | 61,100,000 | 71,600,000 | 60,700,000 | 64,400,000 | 60,000,000 | 59,200,000 | 63,000,000 | 70,100,000 | 61,500,000 | 77,700,000 | 59,500,000 | 57,600,000 | 58,800,000 | ||||||||||||||||||||||
earnings before taxes | -30,500,000 | -39,800,000 | -1,100,000 | -1,200,000 | 10,200,000 | -600,000 | 7,800,000 | 4,100,000 | 200,000 | 2,600,000 | 15,700,000 | 7,100,000 | 18,200,000 | 15,800,000 | 22,400,000 | 18,300,000 | ||||||||||||||||||||||
net earnings | -26,200,000 | -28,200,000 | -1,800,000 | -1,200,000 | 8,200,000 | -1,300,000 | 5,900,000 | 3,000,000 | 400,000 | 3,900,000 | 12,300,000 | 11,400,000 | 15,000,000 | 10,700,000 | 15,000,000 | 11,200,000 | ||||||||||||||||||||||
net earnings attributable to varex | -26,400,000 | -28,300,000 | -1,900,000 | -1,300,000 | 8,100,000 | -1,400,000 | 5,800,000 | 3,000,000 | 3,800,000 | 12,200,000 | 11,300,000 | 14,800,000 | 10,600,000 | 15,000,000 | 11,100,000 | |||||||||||||||||||||||
net earnings per common share attributable to varex | ||||||||||||||||||||||||||||||||||||||
basic | -202,500 | -730,000 | -50,000 | -30,000 | 220,000 | -40,000 | 150,000 | 80,000 | 100,000 | 320,000 | 300,000 | 390,000 | 280,000 | 400,000 | ||||||||||||||||||||||||
diluted | -202,500 | -730,000 | -50,000 | -30,000 | 210,000 | -40,000 | 150,000 | 80,000 | 100,000 | 320,000 | 300,000 | 390,000 | 280,000 | 400,000 | ||||||||||||||||||||||||
taxes on earnings | 700,000 | 3,200,000 | 5,100,000 | 7,400,000 | 7,100,000 | |||||||||||||||||||||||||||||||||
taxes (benefit) on earnings | 2,000,000 | 700,000 | 1,900,000 | 1,100,000 | ||||||||||||||||||||||||||||||||||
interest and other income | -3,150,000 | -4,700,000 | -1,500,000 | -6,500,000 | -125,000 | 300,000 | -1,100,000 | -300,000 | ||||||||||||||||||||||||||||||
income tax provision on earnings | -600,000 | -1,300,000 | 3,400,000 | |||||||||||||||||||||||||||||||||||
(benefit) taxes on earnings | -4,300,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-07-04 | 2025-04-04 | 2025-01-03 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-29 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-30 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2021-01-01 | 2020-10-02 | 2020-07-03 | 2020-04-03 | 2020-01-03 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-28 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-29 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-30 |
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assets | ||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 85,300,000 | 119,500,000 | 145,000,000 | 136,400,000 | 205,100,000 | 176,000,000 | 168,700,000 | 156,400,000 | 141,800,000 | 141,300,000 | 152,600,000 | 118,500,000 | 104,400,000 | 81,500,000 | 89,400,000 | 99,600,000 | 115,100,000 | 157,800,000 | 144,600,000 | 128,300,000 | 111,100,000 | 105,500,000 | 100,600,000 | 87,400,000 | 24,200,000 | 30,000,000 | 29,900,000 | 28,500,000 | 31,000,000 | 55,100,000 | 51,900,000 | 52,800,000 | 55,400,000 | 94,100,000 | 83,300,000 | 89,300,000 | 79,600,000 | 53,900,000 |
marketable securities | 3,000,000 | 6,100,000 | 10,100,000 | 16,200,000 | 17,900,000 | 36,600,000 | 31,800,000 | 33,600,000 | 47,100,000 | |||||||||||||||||||||||||||||
accounts receivable | 148,100,000 | 146,500,000 | 156,600,000 | 137,000,000 | 145,700,000 | 138,100,000 | 157,700,000 | 152,000,000 | 151,500,000 | 139,600,000 | 163,600,000 | 163,300,000 | 159,500,000 | 157,900,000 | 173,300,000 | 157,500,000 | 154,300,000 | 127,100,000 | 155,300,000 | 148,500,000 | 129,100,000 | 121,000,000 | 123,800,000 | 109,700,000 | 126,700,000 | 122,900,000 | 141,000,000 | 131,100,000 | 124,500,000 | 133,400,000 | 154,000,000 | 131,700,000 | 129,200,000 | 130,000,000 | 163,600,000 | 133,100,000 | 120,700,000 | 111,500,000 |
inventories | 346,700,000 | 328,000,000 | 299,400,000 | 298,700,000 | 284,700,000 | 279,900,000 | 264,800,000 | 281,700,000 | 286,100,000 | 289,700,000 | 277,500,000 | 297,700,000 | 310,700,000 | 320,300,000 | 303,200,000 | 300,300,000 | 269,200,000 | 247,600,000 | 224,800,000 | 243,200,000 | 248,200,000 | 269,800,000 | 271,900,000 | 283,200,000 | 282,200,000 | 269,100,000 | 248,200,000 | 263,400,000 | 261,200,000 | 256,700,000 | 235,100,000 | 244,000,000 | 245,300,000 | 245,300,000 | 234,500,000 | 256,300,000 | 212,100,000 | 204,000,000 |
prepaid expenses and other current assets | 42,500,000 | 33,500,000 | 30,700,000 | 31,200,000 | 30,400,000 | 26,300,000 | 26,900,000 | 25,600,000 | 25,400,000 | 75,100,000 | 64,600,000 | 59,000,000 | 43,800,000 | 47,600,000 | 44,000,000 | 36,000,000 | 30,600,000 | 25,400,000 | 29,500,000 | 39,800,000 | 41,400,000 | 26,300,000 | 25,700,000 | 18,600,000 | 20,900,000 | 18,200,000 | 19,300,000 | 18,400,000 | 20,600,000 | 20,500,000 | 17,100,000 | 15,500,000 | 15,800,000 | 14,500,000 | 13,900,000 | 27,600,000 | 12,100,000 | 6,200,000 |
total current assets | 625,600,000 | 633,600,000 | 641,800,000 | 619,500,000 | 683,800,000 | 656,900,000 | 649,900,000 | 649,300,000 | 651,900,000 | 645,700,000 | 658,300,000 | 638,500,000 | 618,400,000 | 607,300,000 | 609,900,000 | 593,400,000 | 569,200,000 | 557,900,000 | 554,200,000 | 559,800,000 | 529,800,000 | 522,600,000 | 522,000,000 | 498,900,000 | 454,000,000 | 440,200,000 | 438,400,000 | 441,400,000 | 437,300,000 | 465,700,000 | 458,100,000 | 444,000,000 | 445,700,000 | 483,900,000 | 495,300,000 | 506,300,000 | 424,500,000 | 375,600,000 |
property, plant, and equipment | 163,400,000 | 160,200,000 | 157,800,000 | 152,600,000 | 152,900,000 | 151,100,000 | 148,000,000 | 147,700,000 | 148,300,000 | 142,000,000 | 142,600,000 | 142,900,000 | ||||||||||||||||||||||||||
goodwill | 197,800,000 | 198,400,000 | 198,400,000 | 198,500,000 | 290,300,000 | 287,200,000 | 291,000,000 | 288,900,000 | 289,300,000 | 290,400,000 | 288,500,000 | 289,200,000 | 289,200,000 | 288,200,000 | 284,500,000 | 287,200,000 | 289,900,000 | 291,200,000 | 292,200,000 | 293,500,000 | 293,300,000 | 295,300,000 | 293,100,000 | 290,800,000 | 290,800,000 | 290,800,000 | 290,800,000 | 290,100,000 | 243,600,000 | 243,600,000 | 243,600,000 | 242,200,000 | 242,200,000 | 241,900,000 | 241,900,000 | 243,300,000 | 74,700,000 | 74,700,000 |
intangible assets | 13,200,000 | 14,700,000 | 14,000,000 | 15,000,000 | 15,300,000 | 14,200,000 | 16,100,000 | 16,400,000 | 18,200,000 | 22,100,000 | 22,400,000 | 25,500,000 | 28,900,000 | 31,700,000 | 33,600,000 | 37,400,000 | 42,100,000 | 46,400,000 | 50,700,000 | 55,200,000 | 59,200,000 | 64,500,000 | 67,500,000 | 70,600,000 | 77,500,000 | 81,800,000 | 90,700,000 | 65,800,000 | 70,100,000 | |||||||||
investments in privately-held companies | 20,000,000 | 21,300,000 | 24,500,000 | 24,600,000 | 23,200,000 | 25,200,000 | 26,800,000 | 27,100,000 | 28,900,000 | 28,300,000 | 29,000,000 | 46,800,000 | 47,300,000 | 47,800,000 | 46,400,000 | 47,700,000 | 47,900,000 | 49,200,000 | 49,300,000 | 50,100,000 | 49,000,000 | 49,700,000 | 51,300,000 | 50,900,000 | 54,300,000 | 54,900,000 | 53,600,000 | 54,100,000 | 52,000,000 | 52,600,000 | 51,000,000 | 52,600,000 | 51,700,000 | 50,300,000 | 52,300,000 | 52,000,000 | 49,600,000 | |
deferred tax assets | 2,900,000 | 2,900,000 | 2,900,000 | 3,000,000 | 3,000,000 | 3,100,000 | 4,700,000 | 55,300,000 | 47,800,000 | 42,000,000 | 41,300,000 | 2,800,000 | 2,100,000 | 1,900,000 | 2,300,000 | 500,000 | 1,200,000 | 1,600,000 | 4,000,000 | 500,000 | 6,300,000 | 400,000 | ||||||||||||||||
operating lease assets | 29,000,000 | 29,100,000 | 29,400,000 | 24,100,000 | 24,700,000 | 27,100,000 | 28,300,000 | 28,500,000 | 29,500,000 | 28,400,000 | 29,000,000 | 28,700,000 | 23,200,000 | 22,100,000 | 23,200,000 | 24,300,000 | 23,000,000 | 21,200,000 | 24,300,000 | 26,300,000 | 27,700,000 | 29,600,000 | 29,000,000 | 25,100,000 | ||||||||||||||
other assets | 37,500,000 | 37,800,000 | 38,600,000 | 36,100,000 | 37,300,000 | 41,600,000 | 46,800,000 | 39,200,000 | 38,400,000 | 37,100,000 | 37,500,000 | 38,200,000 | 39,100,000 | 39,000,000 | 43,200,000 | 36,800,000 | 32,900,000 | 33,900,000 | 32,600,000 | 32,600,000 | 32,200,000 | 33,900,000 | 32,200,000 | 29,100,000 | 30,300,000 | 29,400,000 | 27,500,000 | 28,800,000 | 29,800,000 | 30,600,000 | 16,500,000 | 16,000,000 | 17,100,000 | 12,800,000 | 11,000,000 | 10,700,000 | 6,400,000 | 22,700,000 |
total assets | 1,089,400,000 | 1,098,000,000 | 1,107,400,000 | 1,073,400,000 | 1,357,600,000 | 1,332,200,000 | 1,217,000,000 | 1,252,700,000 | 1,251,700,000 | 1,242,300,000 | 1,249,600,000 | 1,211,700,000 | 1,190,800,000 | 1,180,900,000 | 1,184,400,000 | 1,163,400,000 | 1,142,600,000 | 1,139,000,000 | 1,147,500,000 | 1,160,900,000 | 1,132,600,000 | 1,137,100,000 | 1,139,500,000 | 1,121,700,000 | 1,082,000,000 | 1,068,400,000 | 1,038,900,000 | 1,043,700,000 | 965,600,000 | 1,000,900,000 | 987,900,000 | 976,800,000 | 985,900,000 | 1,020,100,000 | 1,040,100,000 | 1,046,500,000 | 692,800,000 | 645,100,000 |
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||
accounts payable | 96,400,000 | 78,900,000 | 69,900,000 | 70,700,000 | 70,800,000 | 65,600,000 | 59,100,000 | 69,600,000 | 69,400,000 | 73,700,000 | 64,700,000 | 74,600,000 | 74,200,000 | 86,200,000 | 78,200,000 | 83,200,000 | 78,800,000 | 71,600,000 | 58,800,000 | 66,200,000 | 51,800,000 | 68,100,000 | 72,900,000 | 79,800,000 | 78,900,000 | 73,200,000 | 58,200,000 | 61,300,000 | 62,300,000 | 65,700,000 | 66,300,000 | 54,900,000 | 53,500,000 | 58,300,000 | 58,900,000 | 62,200,000 | 46,400,000 | 39,700,000 |
accrued liabilities and other current liabilities | 61,100,000 | 65,700,000 | 98,400,000 | 86,000,000 | 83,000,000 | 70,400,000 | 78,600,000 | 67,000,000 | 69,400,000 | 61,600,000 | 82,600,000 | 67,900,000 | 66,900,000 | 56,000,000 | 81,400,000 | 70,400,000 | 72,800,000 | 61,000,000 | 89,700,000 | 71,800,000 | 76,600,000 | 67,400,000 | 70,500,000 | 69,500,000 | 71,800,000 | 70,900,000 | ||||||||||||
current operating lease liabilities | 4,700,000 | 4,600,000 | 4,400,000 | 3,900,000 | 3,900,000 | 3,700,000 | 4,000,000 | 3,700,000 | 3,800,000 | 3,800,000 | 3,800,000 | 3,400,000 | 3,900,000 | 3,900,000 | 4,000,000 | 4,700,000 | 5,300,000 | 5,900,000 | 6,200,000 | 6,600,000 | 6,200,000 | 6,100,000 | 6,100,000 | 5,600,000 | 5,500,000 | 6,700,000 | ||||||||||||
current maturities of long-term debt | 18,600,000 | 1,400,000 | 1,500,000 | 1,500,000 | 1,400,000 | 1,400,000 | 46,300,000 | 46,200,000 | 1,500,000 | 1,600,000 | 1,500,000 | 1,800,000 | 2,000,000 | 2,100,000 | 2,100,000 | 2,500,000 | 2,600,000 | 2,800,000 | 2,800,000 | 32,900,000 | 2,900,000 | 2,600,000 | 2,500,000 | 27,600,000 | 30,200,000 | 30,400,000 | 30,700,000 | 30,200,000 | 29,400,000 | 27,500,000 | 25,000,000 | 22,500,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 15,000,000 | |
deferred revenues | 14,500,000 | 12,400,000 | 13,000,000 | 14,600,000 | 9,700,000 | 9,400,000 | 7,900,000 | 8,100,000 | 10,000,000 | 9,400,000 | 10,200,000 | 10,900,000 | 10,200,000 | 9,200,000 | 7,400,000 | 11,500,000 | 7,600,000 | 8,600,000 | 9,100,000 | 8,700,000 | 8,800,000 | 8,300,000 | 8,600,000 | 9,400,000 | 11,700,000 | 9,700,000 | 10,500,000 | 13,800,000 | 12,900,000 | 14,000,000 | 13,200,000 | 10,600,000 | 10,000,000 | 10,000,000 | 10,500,000 | 10,000,000 | 10,100,000 | 11,500,000 |
total current liabilities | 195,300,000 | 163,000,000 | 187,200,000 | 176,700,000 | 168,800,000 | 150,500,000 | 195,900,000 | 194,600,000 | 154,100,000 | 150,100,000 | 162,800,000 | 158,600,000 | 157,200,000 | 157,400,000 | 173,100,000 | 172,300,000 | 167,100,000 | 149,900,000 | 166,600,000 | 186,200,000 | 146,300,000 | 152,500,000 | 160,600,000 | 191,900,000 | 198,100,000 | 190,900,000 | 175,100,000 | 171,200,000 | 156,300,000 | 165,500,000 | 152,000,000 | 140,700,000 | 137,000,000 | 148,800,000 | 151,800,000 | 153,300,000 | 145,800,000 | 76,100,000 |
long-term debt | 329,000,000 | 366,200,000 | 366,000,000 | 366,000,000 | 565,800,000 | 565,600,000 | 397,100,000 | 396,900,000 | 441,400,000 | 441,400,000 | 441,100,000 | 441,100,000 | 441,000,000 | 440,800,000 | 412,300,000 | 410,100,000 | 408,400,000 | 433,700,000 | 431,700,000 | 429,800,000 | 458,000,000 | 457,500,000 | 452,800,000 | 389,500,000 | 352,800,000 | 350,900,000 | 364,400,000 | 379,400,000 | 316,700,000 | 347,900,000 | 364,800,000 | 377,100,000 | 397,100,000 | 434,500,000 | 463,900,000 | 478,700,000 | 187,300,000 | |
deferred tax liabilities | 5,800,000 | 5,500,000 | 5,500,000 | 2,600,000 | 1,400,000 | 500,000 | 2,200,000 | 2,600,000 | 2,200,000 | 1,700,000 | 2,300,000 | 8,800,000 | 8,900,000 | 8,200,000 | 15,700,000 | 19,000,000 | 19,400,000 | 23,200,000 | 16,900,000 | 19,600,000 | 20,100,000 | 29,500,000 | 36,700,000 | 3,700,000 | ||||||||||||||
operating lease liabilities | 23,000,000 | 23,300,000 | 24,000,000 | 19,400,000 | 19,600,000 | 21,400,000 | 23,000,000 | 22,800,000 | 23,900,000 | 22,900,000 | 23,100,000 | 23,400,000 | 17,100,000 | 17,900,000 | 18,000,000 | 20,200,000 | 19,000,000 | 17,300,000 | 18,700,000 | 22,300,000 | 22,000,000 | 22,200,000 | 23,100,000 | 24,100,000 | 23,500,000 | 19,200,000 | ||||||||||||
other long-term liabilities | 48,200,000 | 49,200,000 | 38,100,000 | 39,200,000 | 39,500,000 | 40,500,000 | 50,400,000 | 43,100,000 | 42,100,000 | 44,900,000 | 41,600,000 | 43,700,000 | 42,600,000 | 39,800,000 | 33,800,000 | 32,700,000 | 33,700,000 | 32,000,000 | 31,800,000 | 35,300,000 | 35,200,000 | 38,800,000 | 34,900,000 | 35,100,000 | 34,000,000 | 36,600,000 | 32,500,000 | 28,800,000 | 27,600,000 | 28,000,000 | 8,500,000 | 7,800,000 | 7,900,000 | 7,800,000 | 4,700,000 | 8,400,000 | 2,200,000 | 5,000,000 |
total liabilities | 601,300,000 | 607,200,000 | 620,800,000 | 603,900,000 | 793,700,000 | 778,000,000 | 667,800,000 | 657,400,000 | 661,500,000 | 659,300,000 | 668,600,000 | 666,800,000 | 657,900,000 | 655,900,000 | 637,700,000 | 635,300,000 | 628,200,000 | 632,900,000 | 651,000,000 | 676,200,000 | 663,700,000 | 672,700,000 | 673,700,000 | 640,600,000 | 617,200,000 | 606,500,000 | 580,200,000 | 595,100,000 | 519,600,000 | 560,800,000 | 548,500,000 | 542,500,000 | 561,600,000 | 611,200,000 | 649,900,000 | 677,100,000 | 339,000,000 | 81,100,000 |
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value: 20,000,000 shares authorized, none issued | ||||||||||||||||||||||||||||||||||||||
common stock | ||||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 42,146,485 and 41,689,672 at april 3, 2026 and october 3, 2025, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
additional paid-in capital | 491,100,000 | 485,600,000 | 483,300,000 | 478,400,000 | 474,700,000 | 470,000,000 | 467,200,000 | 462,200,000 | 458,400,000 | 453,200,000 | 450,400,000 | 444,900,000 | 441,600,000 | 437,900,000 | 469,100,000 | 465,200,000 | 459,900,000 | 458,000,000 | 449,400,000 | 446,100,000 | 441,300,000 | 439,200,000 | 434,400,000 | 427,200,000 | 379,500,000 | 377,600,000 | 371,800,000 | 368,100,000 | 363,100,000 | 362,100,000 | 357,600,000 | 354,700,000 | 348,800,000 | 348,100,000 | 342,700,000 | 338,200,000 | 333,500,000 | |
accumulated other comprehensive loss | -5,600,000 | -5,500,000 | -5,200,000 | -5,400,000 | -2,400,000 | -300,000 | -2,900,000 | -1,800,000 | -1,700,000 | -2,200,000 | -1,500,000 | 800,000 | -3,100,000 | -2,600,000 | 5,800,000 | 2,600,000 | 800,000 | 400,000 | ||||||||||||||||||||
accumulated deficit | -11,700,000 | -3,600,000 | ||||||||||||||||||||||||||||||||||||
total varex stockholders' equity | 474,200,000 | 476,900,000 | 472,600,000 | 455,300,000 | 549,700,000 | 540,200,000 | 535,100,000 | 581,200,000 | 576,100,000 | 568,900,000 | 567,700,000 | 531,500,000 | 519,600,000 | 511,700,000 | 533,400,000 | 514,800,000 | 501,100,000 | 492,800,000 | 483,300,000 | 471,500,000 | 451,700,000 | 444,900,000 | 426,200,000 | |||||||||||||||
noncontrolling interests | 13,900,000 | 13,900,000 | 14,000,000 | 14,200,000 | 14,200,000 | 14,000,000 | 14,100,000 | 14,100,000 | 14,100,000 | 14,100,000 | 13,300,000 | 13,400,000 | 13,300,000 | 13,300,000 | 13,300,000 | 13,300,000 | 13,300,000 | 13,300,000 | 13,200,000 | 13,200,000 | 14,200,000 | 14,200,000 | 14,100,000 | 3,200,000 | 3,200,000 | 3,300,000 | 3,300,000 | 3,300,000 | 1,900,000 | 1,900,000 | 2,100,000 | |||||||
total stockholders' equity | 488,100,000 | 490,800,000 | 486,600,000 | 469,500,000 | 563,900,000 | 554,200,000 | 549,200,000 | 595,300,000 | 590,200,000 | 583,000,000 | 581,000,000 | 544,900,000 | 532,900,000 | 525,000,000 | 546,700,000 | 528,100,000 | 514,400,000 | 506,100,000 | 496,500,000 | 484,700,000 | 468,900,000 | 464,400,000 | 465,800,000 | 448,200,000 | 428,300,000 | 423,200,000 | 412,600,000 | 397,500,000 | 379,000,000 | 359,100,000 | 343,500,000 | |||||||
total liabilities and stockholders' equity | 1,089,400,000 | 1,098,000,000 | 1,107,400,000 | 1,073,400,000 | 1,357,600,000 | 1,332,200,000 | 1,217,000,000 | 1,252,700,000 | 1,251,700,000 | 1,242,300,000 | 1,249,600,000 | 1,211,700,000 | 1,190,800,000 | 1,180,900,000 | 1,184,400,000 | 1,163,400,000 | 1,142,600,000 | 1,139,000,000 | 1,147,500,000 | 1,160,900,000 | 1,132,600,000 | 1,137,100,000 | ||||||||||||||||
shares issued and outstanding: 41,919,432 and 41,689,672 at january 2, 2026 and october 3, 2025, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 41,689,672 and 41,094,179 at october 3, 2025 and september 27, 2024, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
(accumulated deficit) retained earnings | -5,900,000 | -18,100,000 | ||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 41,520,742 and 41,094,179 at july 4, 2025 and september 27, 2024, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
restricted cash | 127,100,000 | 125,800,000 | ||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 41,512,831 and 41,094,179 at april 4, 2025 and september 27, 2024, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
retained earnings | 77,000,000 | 70,100,000 | 70,400,000 | 120,400,000 | 119,000,000 | 117,500,000 | 118,100,000 | 86,500,000 | 77,400,000 | 73,300,000 | 63,800,000 | 50,700,000 | 42,500,000 | 34,900,000 | 33,500,000 | 24,800,000 | 12,800,000 | 9,700,000 | 16,100,000 | 42,600,000 | 70,900,000 | 72,500,000 | 74,400,000 | 66,300,000 | 67,700,000 | 61,300,000 | 62,400,000 | 62,600,000 | 58,700,000 | 46,400,000 | 35,100,000 | 20,100,000 | 9,600,000 | |||||
shares issued and outstanding: 41,231,000 and 41,094,179 at january 3, 2025 and september 27, 2024, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
property, plant and equipment | 153,400,000 | 143,600,000 | 141,300,000 | 136,100,000 | 136,400,000 | 137,600,000 | 140,200,000 | 142,200,000 | 142,200,000 | 144,800,000 | 145,200,000 | 145,500,000 | 146,100,000 | 146,200,000 | 142,300,000 | 138,600,000 | 137,100,000 | 138,300,000 | 144,900,000 | 146,100,000 | 146,300,000 | 144,100,000 | 148,300,000 | 138,700,000 | 119,100,000 | 122,100,000 | ||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 41,094,179 and 40,529,573 at september 27, 2024 and september 29, 2023, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value: 20,000,000 shares authorized, none issued | ||||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 40,860,965 and 40,529,573 at june 28, 2024 and september 29, 2023, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 40,855,981 and 40,529,573 at march 29, 2024 and september 29, 2023, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 40,618,590 and 40,529,573 at december 29, 2023 and september 29, 2023, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 40,529,573 and 40,085,126 at september 29, 2023 and september 30, 2022, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -1,200,000 | -300,000 | 200,000 | 100,000 | 100,000 | -1,700,000 | -500,000 | 200,000 | 200,000 | 900,000 | 300,000 | -1,700,000 | -400,000 | 2,100,000 | 3,500,000 | 5,500,000 | 4,700,000 | |||||||||||||||||||||
shares issued and outstanding: 40,387,511 and 40,085,126 at june 30, 2023 and september 30, 2022, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 40,384,190 and 40,085,126 at march 31, 2023 and september 30, 2022, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 40,087,100 and 40,085,126 at december 30, 2022 and september 30, 2022, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 40,085,126 and 39,435,830 at september 30, 2022 and october 1, 2021, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 39,940,055 and 39,435,830 at july 1, 2022 and october 1, 2021, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 39,823,331 and 39,435,830 at april 1, 2022 and october 1, 2021, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 39,645,030 and 39,435,830 at december 31, 2021 and october 1, 2021, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding: 39,435,830 and 39,059,094 at october 1, 2021 and october 2, 2020, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 27,500,000 | 26,900,000 | ||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 39,433,708 and 39,059,094 at july 2, 2021 and october 2, 2020, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 39,300,288 and 39,059,094 at april 2, 2021 and october 2, 2020, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
total varex equity | 454,700,000 | 450,200,000 | 467,100,000 | 451,100,000 | 447,900,000 | 434,400,000 | 433,300,000 | 427,300,000 | ||||||||||||||||||||||||||||||
shares issued and outstanding - 39,184,538 and 39,059,094 at january 1, 2021 and october 2, 2020, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
liabilities, redeemable noncontrolling interests and stockholders' equity | ||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 10,800,000 | 10,500,000 | 10,700,000 | 10,500,000 | 10,900,000 | 10,800,000 | 10,900,000 | 11,100,000 | 11,100,000 | 11,700,000 | 11,400,000 | 11,200,000 | 10,300,000 | 10,300,000 | 10,300,000 | |||||||||||||||||||||||
shares issued and outstanding: 39,059,094 and 38,371,305 at october 2, 2020 and september 27, 2019, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and stockholders' equity | 1,139,500,000 | 1,038,900,000 | 987,900,000 | |||||||||||||||||||||||||||||||||||
liabilities, redeemable noncontrolling interests and equity | ||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 39,056,965 and 38,371,305 at july 3, 2020 and september 27, 2019, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
total equity | 470,300,000 | 454,300,000 | 451,200,000 | 437,700,000 | 435,200,000 | 429,200,000 | 553,700,000 | |||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and equity | 1,121,700,000 | 1,082,000,000 | 1,068,400,000 | 1,043,700,000 | 965,600,000 | 1,000,900,000 | 645,100,000 | |||||||||||||||||||||||||||||||
shares issued and outstanding - 38,653,547 and 38,371,305 at april 3, 2020 and september 27, 2019, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
authorized shares - 150,000,000 | ||||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 38,494,349 and 38,371,305 at january 3, 2020 and september 27, 2019, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
intangibles assets | 86,300,000 | 73,800,000 | 75,900,000 | 82,900,000 | 87,100,000 | 91,300,000 | 95,500,000 | 18,000,000 | ||||||||||||||||||||||||||||||
accrued liabilities | 75,700,000 | 65,900,000 | 51,700,000 | 58,300,000 | 47,500,000 | 52,700,000 | 53,500,000 | 60,500,000 | 62,400,000 | 61,100,000 | 74,300,000 | 24,900,000 | ||||||||||||||||||||||||||
shares issued and outstanding: 38,371,305 and 38,026,597 at september 27, 2019 and september 28, 2018, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 38,341,103 and 38,026,597 at june 28, 2019 and september 28, 2018, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 38,249,440 and 38,026,597 at march 29, 2019 and september 28, 2018, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
shares issued and outstanding - 38,119,344 and 38,026,597 at december 28, 2018 and september 28, 2018, respectively. | 400,000 | |||||||||||||||||||||||||||||||||||||
issued shares - 38,026,597 and 37,633,747 at september 28, 2018 and september 29, 2017, respectively | ||||||||||||||||||||||||||||||||||||||
outstanding shares - 38,026,597 and 37,633,747 at september 28, 2018 and september 29, 2017, respectively | 400,000 | |||||||||||||||||||||||||||||||||||||
issued shares - 38,006,792 and 37,633,747 | ||||||||||||||||||||||||||||||||||||||
outstanding shares - 38,006,792 and 37,633,747 | 400,000 | |||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and varex stockholders' equity | 976,800,000 | 985,900,000 | 1,020,100,000 | 1,040,100,000 | 1,046,500,000 | 692,800,000 | ||||||||||||||||||||||||||||||||
issued shares - 37,878,841 and 37,633,747 | ||||||||||||||||||||||||||||||||||||||
outstanding shares - 37,878,841 and 37,633,747 | 400,000 | |||||||||||||||||||||||||||||||||||||
issued shares - 37,753,118 and 37,633,747 | ||||||||||||||||||||||||||||||||||||||
outstanding shares - 37,753,118 and 37,633,747 | 400,000 | |||||||||||||||||||||||||||||||||||||
issued shares - 37,633,747 and 0 | ||||||||||||||||||||||||||||||||||||||
outstanding shares - 37,633,747 and 0 | 400,000 | |||||||||||||||||||||||||||||||||||||
net parent investment | 553,700,000 | |||||||||||||||||||||||||||||||||||||
issued shares - 37,630,219 and 0 | ||||||||||||||||||||||||||||||||||||||
outstanding shares - 37,630,219 and 0 | 400,000 | |||||||||||||||||||||||||||||||||||||
investments in privately held companies | 50,100,000 | |||||||||||||||||||||||||||||||||||||
issued shares - 37,538,165 and 0 | ||||||||||||||||||||||||||||||||||||||
outstanding shares - 37,538,165 and 0 | 400,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-07-04 | 2025-04-04 | 2025-01-03 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-29 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-30 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2021-01-01 | 2020-10-02 | 2020-07-03 | 2020-04-03 | 2020-01-03 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-28 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-29 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||
net income | -8,000,000 | 2,400,000 | 12,200,000 | -89,100,000 | -49,900,000 | 1,500,000 | 1,600,000 | -400,000 | 32,000,000 | 9,200,000 | 4,300,000 | 3,200,000 | 13,200,000 | 8,400,000 | 7,600,000 | 1,600,000 | 8,800,000 | |||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 4,000,000 | 3,800,000 | 3,400,000 | 3,700,000 | 3,800,000 | 4,100,000 | 3,500,000 | 3,900,000 | 4,200,000 | 3,700,000 | 3,400,000 | 3,600,000 | 3,200,000 | 3,300,000 | 3,300,000 | 3,400,000 | 3,900,000 | 3,400,000 | 3,300,000 | 3,400,000 | 3,600,000 | 3,600,000 | 3,200,000 | 3,700,000 | 3,300,000 | 3,200,000 | 3,000,000 | 3,100,000 | 3,000,000 | 2,600,000 | 2,500,000 | 2,800,000 | 2,600,000 | 2,100,000 | 2,300,000 | 2,500,000 | 1,300,000 | 2,300,000 |
depreciation | 5,700,000 | 5,700,000 | 5,600,000 | 5,800,000 | 5,600,000 | 6,200,000 | 5,600,000 | 5,300,000 | 5,200,000 | 5,100,000 | 5,300,000 | 4,900,000 | 4,700,000 | 4,600,000 | 4,700,000 | 4,700,000 | 4,800,000 | 4,800,000 | 5,000,000 | 5,000,000 | 5,300,000 | 5,200,000 | 5,000,000 | 5,900,000 | 6,200,000 | 5,200,000 | 4,800,000 | 4,600,000 | 4,300,000 | 9,800,000 | 10,000,000 | 5,500,000 | 5,600,000 | 4,900,000 | 6,300,000 | 2,100,000 | 5,400,000 | 3,100,000 |
amortization of intangible assets | 1,100,000 | 1,100,000 | 1,100,000 | 1,000,000 | 1,000,000 | 900,000 | 1,000,000 | 1,700,000 | 3,600,000 | 3,600,000 | 3,500,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,700,000 | 3,700,000 | 3,800,000 | 4,100,000 | 4,200,000 | 4,300,000 | 4,200,000 | 4,100,000 | 4,200,000 | 4,400,000 | 4,500,000 | 4,300,000 | 4,100,000 | 3,600,000 | 3,700,000 | 3,700,000 | 4,100,000 | 4,200,000 | 4,200,000 | 4,300,000 | 3,600,000 | 1,300,000 | 1,300,000 |
deferred taxes | -100,000 | 600,000 | 2,700,000 | -3,400,000 | 100,000 | 100,000 | 51,300,000 | -7,700,000 | -5,800,000 | -800,000 | -38,400,000 | -700,000 | -200,000 | -200,000 | -900,000 | 1,000,000 | 300,000 | 200,000 | -3,500,000 | 400,000 | 0 | 100,000 | 12,500,000 | -15,900,000 | -200,000 | 500,000 | -7,200,000 | -3,100,000 | -100,000 | -2,500,000 | 6,300,000 | -2,900,000 | -1,200,000 | -9,900,000 | -16,700,000 | 900,000 | 1,700,000 | 5,200,000 |
loss from equity method investments | 1,300,000 | 3,200,000 | 200,000 | -600,000 | 1,400,000 | 1,700,000 | 1,200,000 | 1,500,000 | 800,000 | 1,100,000 | -100,000 | -300,000 | 800,000 | 1,700,000 | 1,700,000 | -2,600,000 | ||||||||||||||||||||||
amortization of deferred loan costs | 300,000 | 500,000 | 700,000 | 800,000 | 600,000 | 700,000 | 700,000 | 600,000 | 700,000 | 600,000 | 2,800,000 | 2,800,000 | 2,700,000 | 2,600,000 | 2,800,000 | 1,100,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 500,000 | 600,000 | 600,000 | 1,200,000 | |||||||||||
inventory write-down | 1,600,000 | 1,100,000 | 800,000 | 1,400,000 | 1,100,000 | 500,000 | 1,500,000 | 800,000 | 1,700,000 | 900,000 | 1,800,000 | 1,200,000 | 600,000 | 2,000,000 | 1,100,000 | 3,700,000 | 1,200,000 | 400,000 | 0 | 0 | 2,300,000 | 0 | ||||||||||||||||
loss on debt extinguishment | ||||||||||||||||||||||||||||||||||||||
other | 1,600,000 | 500,000 | -2,000,000 | -2,200,000 | 500,000 | 1,900,000 | -500,000 | 700,000 | 1,800,000 | -500,000 | 800,000 | -300,000 | 2,400,000 | 300,000 | 300,000 | 1,100,000 | 600,000 | -300,000 | 300,000 | 700,000 | 4,000,000 | 500,000 | -200,000 | -400,000 | 1,300,000 | 100,000 | 1,300,000 | 1,200,000 | 0 | 400,000 | 200,000 | |||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||
accounts receivable | -1,100,000 | 8,900,000 | -20,100,000 | 8,600,000 | -7,900,000 | 19,500,000 | -5,700,000 | -600,000 | -12,300,000 | 25,300,000 | -400,000 | -3,800,000 | -1,600,000 | 15,600,000 | -16,200,000 | -3,200,000 | -27,100,000 | 28,400,000 | -7,400,000 | -19,300,000 | -8,400,000 | 2,200,000 | -13,900,000 | 16,900,000 | -3,800,000 | 18,500,000 | -10,300,000 | -4,300,000 | 8,800,000 | 20,600,000 | -23,500,000 | -1,900,000 | 800,000 | 33,600,000 | -30,300,000 | 6,900,000 | -9,600,000 | 9,900,000 |
inventories | -21,800,000 | -30,100,000 | -2,300,000 | -16,500,000 | -5,500,000 | -15,600,000 | 14,600,000 | 3,800,000 | 1,400,000 | -13,200,000 | 18,500,000 | 11,600,000 | 8,900,000 | -18,800,000 | -3,900,000 | -34,600,000 | -22,700,000 | -23,800,000 | 18,200,000 | 4,200,000 | 17,900,000 | 2,500,000 | 7,400,000 | -15,900,000 | -13,100,000 | -21,100,000 | 15,100,000 | 200,000 | -4,400,000 | -22,000,000 | 7,300,000 | 1,300,000 | -1,400,000 | -9,600,000 | 19,900,000 | -8,900,000 | -8,500,000 | -6,700,000 |
prepaid expenses and other assets | -7,400,000 | -2,100,000 | 1,700,000 | -700,000 | -2,200,000 | -2,400,000 | 2,800,000 | 2,200,000 | 3,000,000 | 5,900,000 | -1,500,000 | -400,000 | 5,700,000 | 3,500,000 | -2,300,000 | 3,400,000 | 13,700,000 | 500,000 | -13,100,000 | -2,000,000 | -1,600,000 | -1,800,000 | -9,600,000 | 3,700,000 | -400,000 | 2,200,000 | -1,200,000 | 3,700,000 | -800,000 | 1,500,000 | -3,300,000 | 400,000 | -5,400,000 | -2,400,000 | ||||
accounts payable | 16,200,000 | 12,100,000 | -5,400,000 | 0 | 4,800,000 | 6,800,000 | -10,100,000 | -200,000 | -1,900,000 | 9,000,000 | -11,300,000 | -100,000 | -11,600,000 | 8,000,000 | -5,100,000 | 4,400,000 | 6,900,000 | 13,500,000 | -7,600,000 | 13,800,000 | -15,600,000 | -4,200,000 | -7,400,000 | 700,000 | 5,600,000 | 15,400,000 | -4,700,000 | -1,600,000 | -2,200,000 | -500,000 | 7,900,000 | 4,500,000 | -8,700,000 | 1,500,000 | -5,800,000 | 3,400,000 | 9,200,000 | -1,900,000 |
accrued liabilities and other current and long-term liabilities | -6,400,000 | -23,800,000 | 11,500,000 | 300,000 | 4,700,000 | -16,400,000 | 10,100,000 | -2,000,000 | 4,800,000 | -22,000,000 | 11,500,000 | 700,000 | 12,200,000 | -25,400,000 | 7,900,000 | -4,600,000 | 12,300,000 | -30,500,000 | ||||||||||||||||||||
deferred revenues | -1,900,000 | 4,800,000 | 1,300,000 | 1,500,000 | -200,000 | -1,900,000 | 600,000 | -800,000 | -1,200,000 | 700,000 | 1,100,000 | 1,700,000 | 3,900,000 | -1,000,000 | -500,000 | 500,000 | -200,000 | 600,000 | -300,000 | -900,000 | -2,300,000 | 2,000,000 | -800,000 | -3,300,000 | 0 | -500,000 | -1,400,000 | 2,300,000 | 500,000 | 100,000 | -500,000 | 400,000 | 0 | -1,500,000 | -500,000 | |||
net cash from operating activities | -1,500,000 | -16,100,000 | 7,900,000 | 7,700,000 | 16,600,000 | 9,500,000 | 25,900,000 | 8,000,000 | 3,100,000 | 10,300,000 | 47,100,000 | 37,700,000 | 27,300,000 | -3,700,000 | 17,100,000 | -2,700,000 | -8,300,000 | 10,800,000 | 50,600,000 | 22,100,000 | 12,800,000 | 7,100,000 | -11,800,000 | 1,100,000 | 900,000 | 23,000,000 | 22,900,000 | 16,100,000 | 12,900,000 | 20,000,000 | 18,500,000 | 21,300,000 | 5,400,000 | 40,100,000 | 14,800,000 | 26,800,000 | 13,800,000 | 19,200,000 |
capital expenditures | -4,900,000 | -8,400,000 | -900,000 | -6,500,000 | -6,600,000 | -3,500,000 | 0 | -4,200,000 | -7,400,000 | -7,900,000 | 1,400,000 | 400,000 | -6,700,000 | -3,500,000 | -9,500,000 | -3,900,000 | -3,100,000 | -3,300,000 | -2,000,000 | -4,200,000 | -4,000,000 | -3,400,000 | -3,500,000 | -5,100,000 | -6,000,000 | -7,300,000 | -4,900,000 | -6,100,000 | -5,400,000 | -1,600,000 | -5,600,000 | -11,400,000 | -800,000 | -600,000 | -10,000,000 | -2,100,000 | -1,700,000 | -2,400,000 |
free cash flows | -6,400,000 | -24,500,000 | 7,000,000 | 1,200,000 | 10,000,000 | 6,000,000 | 25,900,000 | 3,800,000 | -4,300,000 | 2,400,000 | 48,500,000 | 38,100,000 | 20,600,000 | -7,200,000 | 7,600,000 | -6,600,000 | -11,400,000 | 7,500,000 | 48,600,000 | 17,900,000 | 8,800,000 | 3,700,000 | -15,300,000 | -4,000,000 | -5,100,000 | 15,700,000 | 18,000,000 | 10,000,000 | 7,500,000 | 18,400,000 | 12,900,000 | 9,900,000 | 4,600,000 | 39,500,000 | 4,800,000 | 24,700,000 | 12,100,000 | 16,800,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||
purchases of property, plant, and equipment | -6,200,000 | -10,700,000 | -5,600,000 | -6,300,000 | -6,800,000 | -4,200,000 | -4,700,000 | -5,800,000 | -10,400,000 | |||||||||||||||||||||||||||||
proceeds from sales of marketable debt securities | 1,000,000 | 0 | 1,000,000 | 9,500,000 | ||||||||||||||||||||||||||||||||||
proceeds from maturities of marketable debt securities | 3,100,000 | 4,000,000 | 5,200,000 | 4,800,000 | 29,900,000 | 10,600,000 | 13,600,000 | 15,000,000 | 16,000,000 | 14,200,000 | 11,600,000 | 5,200,000 | 7,500,000 | 4,000,000 | ||||||||||||||||||||||||
purchase of marketable debt securities | 0 | 0 | -9,200,000 | -21,400,000 | -19,500,000 | -2,000,000 | -10,600,000 | -24,500,000 | -18,600,000 | -23,700,000 | -3,600,000 | -6,300,000 | ||||||||||||||||||||||||||
proceeds from maturities of certificates of deposit | 0 | 0 | 0 | 3,400,000 | ||||||||||||||||||||||||||||||||||
net cash from investing activities | -3,100,000 | -7,700,000 | -700,000 | -700,000 | 14,700,000 | -3,000,000 | -14,000,000 | 7,700,000 | -1,300,000 | -19,900,000 | -14,600,000 | -22,800,000 | -3,800,000 | -3,700,000 | -27,500,000 | -14,300,000 | -4,000,000 | -2,600,000 | -3,300,000 | -4,500,000 | -4,000,000 | -4,400,000 | -3,700,000 | -5,900,000 | -6,700,000 | -10,600,000 | -6,800,000 | -78,800,000 | -4,200,000 | -3,400,000 | -10,500,000 | -8,400,000 | -4,300,000 | -2,600,000 | -8,400,000 | -276,900,000 | -2,400,000 | -4,300,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of term loans | ||||||||||||||||||||||||||||||||||||||
taxes related to net share settlement of equity awards | 0 | -1,500,000 | 0 | 0 | -700,000 | -1,200,000 | -300,000 | -100,000 | -800,000 | -1,000,000 | 0 | 0 | -700,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
proceeds from issuance of senior secured notes | 0 | 0 | 0 | 126,900,000 | ||||||||||||||||||||||||||||||||||
debt extinguishment costs | ||||||||||||||||||||||||||||||||||||||
repayments of borrowings | ||||||||||||||||||||||||||||||||||||||
proceeds from revolver borrowings | ||||||||||||||||||||||||||||||||||||||
repayments of revolver borrowings | ||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | 0 | -700,000 | -100,000 | -600,000 | -8,200,000 | -8,000,000 | 0 | 0 | 0 | |||||||||||||||||||||||||||||
proceeds from shares issued under employee stock purchase plan | 1,600,000 | 0 | 1,800,000 | 0 | 1,900,000 | 0 | 1,300,000 | 1,900,000 | 0 | 1,700,000 | 0 | 1,600,000 | 0 | 1,200,000 | 0 | 1,800,000 | 0 | 1,800,000 | 0 | 1,900,000 | 0 | 1,900,000 | 0 | 1,900,000 | 0 | 1,400,000 | ||||||||||||
net cash from financing activities | -29,300,000 | -1,600,000 | 1,100,000 | -201,200,000 | -700,000 | 124,900,000 | 800,000 | -1,100,000 | -1,300,000 | -1,700,000 | 1,400,000 | -700,000 | -500,000 | -400,000 | 200,000 | 1,400,000 | -30,400,000 | 5,000,000 | -31,000,000 | -300,000 | -3,200,000 | 2,200,000 | 26,900,000 | 68,800,000 | -100,000 | -12,000,000 | -14,800,000 | 60,300,000 | -32,500,000 | -13,100,000 | -8,900,000 | -14,800,000 | -39,900,000 | -26,800,000 | -12,600,000 | 259,800,000 | 14,300,000 | 1,800,000 |
effects of exchange rate changes on cash and cash equivalents and restricted cash | 300,000 | 500,000 | 200,000 | -100,000 | 0 | 0 | -100,000 | 0 | 1,900,000 | -800,000 | 100,000 | -300,000 | 0 | -100,000 | -200,000 | -400,000 | ||||||||||||||||||||||
net increase in cash and cash equivalents and restricted cash | -34,000,000 | -25,400,000 | 8,600,000 | -193,700,000 | 30,400,000 | 131,400,000 | 12,600,000 | 14,600,000 | 34,100,000 | 14,100,000 | 23,000,000 | -7,800,000 | -10,300,000 | -15,600,000 | -42,700,000 | 13,100,000 | 16,300,000 | 17,200,000 | 5,600,000 | 4,900,000 | 13,300,000 | 63,200,000 | -5,800,000 | 100,000 | 3,100,000 | |||||||||||||
cash and cash equivalents and restricted cash at beginning of period | 0 | 147,100,000 | 0 | 0 | 0 | 170,400,000 | 0 | 0 | 0 | 154,000,000 | 0 | 0 | 0 | 90,600,000 | 0 | 0 | 0 | 146,100,000 | 0 | 0 | 0 | 102,100,000 | 0 | 0 | 0 | 31,300,000 | 0 | 0 | 0 | 53,400,000 | ||||||||
cash and cash equivalents and restricted cash at end of period | -34,000,000 | 121,700,000 | 8,600,000 | -193,700,000 | 30,400,000 | 301,800,000 | 12,600,000 | 14,600,000 | 500,000 | 142,700,000 | 34,100,000 | 14,100,000 | 23,000,000 | 82,800,000 | -10,300,000 | -15,600,000 | -42,700,000 | 159,200,000 | 16,300,000 | 17,200,000 | 5,600,000 | 107,000,000 | 13,300,000 | 63,200,000 | -5,800,000 | 31,400,000 | 1,300,000 | -2,500,000 | -24,000,000 | 56,500,000 | ||||||||
supplemental cash flow information: | ||||||||||||||||||||||||||||||||||||||
cash paid for interest | 12,300,000 | 14,600,000 | 700,000 | 16,700,000 | 200,000 | 13,700,000 | 0 | 13,800,000 | 100,000 | 13,700,000 | 0 | 13,600,000 | 100,000 | 13,700,000 | 0 | 13,700,000 | 1,000,000 | 14,800,000 | 600,000 | 17,000,000 | 200,000 | 3,800,000 | 5,100,000 | 2,400,000 | 4,200,000 | 5,000,000 | 6,200,000 | 4,600,000 | 6,100,000 | 3,000,000 | 4,700,000 | 4,700,000 | 4,900,000 | 5,000,000 | 5,400,000 | 3,500,000 | ||
income taxes paid, net of refunds | 4,700,000 | 4,000,000 | 1,500,000 | 3,100,000 | 7,800,000 | 6,200,000 | 4,500,000 | |||||||||||||||||||||||||||||||
supplemental non-cash activities: | ||||||||||||||||||||||||||||||||||||||
purchases of property, plant, and equipment financed through accounts payable | 1,300,000 | 2,300,000 | 4,700,000 | -200,000 | 200,000 | 700,000 | 500,000 | -1,600,000 | 2,500,000 | |||||||||||||||||||||||||||||
impairment of equity method investment | ||||||||||||||||||||||||||||||||||||||
gain on purchase of business | 0 | 0 | 0 | -2,100,000 | ||||||||||||||||||||||||||||||||||
impairment of goodwill | 0 | |||||||||||||||||||||||||||||||||||||
loss on settlement of cash flow hedge | 0 | 0 | 100,000 | -300,000 | ||||||||||||||||||||||||||||||||||
purchase of marketable equity securities | 0 | 0 | 0 | 0 | -2,700,000 | |||||||||||||||||||||||||||||||||
purchase of certificates of deposit | ||||||||||||||||||||||||||||||||||||||
settlement of net investment hedge | 0 | 0 | 0 | 0 | 7,000,000 | |||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash acquired | 0 | 0 | 0 | 900,000 | -400,000 | 0 | 0 | -1,200,000 | 0 | 4,200,000 | ||||||||||||||||||||||||||||
proceeds from exercise of stock options | 0 | 0 | 300,000 | 3,500,000 | 0 | 0 | 400,000 | 1,100,000 | 600,000 | 100,000 | 300,000 | 1,300,000 | 400,000 | 1,800,000 | 0 | 2,200,000 | ||||||||||||||||||||||
amortization of deferred loan costs, net of premium | 700,000 | 800,000 | 800,000 | |||||||||||||||||||||||||||||||||||
repayments of borrowing under credit agreements | -200,400,000 | -400,000 | -700,000 | -400,000 | -400,000 | -400,000 | -500,000 | -700,000 | -500,000 | -600,000 | -28,100,000 | -300,000 | -700,000 | -1,300,000 | -200,000 | -181,500,000 | -18,700,000 | -17,800,000 | -21,300,000 | -13,700,000 | -33,000,000 | -19,000,000 | -10,000,000 | -18,000,000 | -46,000,000 | -32,000,000 | -21,000,000 | -230,200,000 | ||||||||||
net loss | -100,000 | 3,200,000 | -6,300,000 | |||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||
loss on operating lease abandonment | 0 | 0 | 0 | 1,900,000 | ||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment | -5,600,000 | -5,500,000 | -9,800,000 | -4,000,000 | -3,400,000 | -4,100,000 | -2,600,000 | -4,700,000 | -3,400,000 | -4,400,000 | -4,000,000 | -5,300,000 | -6,100,000 | -8,100,000 | -6,500,000 | -5,700,000 | -4,200,000 | -3,400,000 | -5,100,000 | -8,400,000 | -4,300,000 | -2,600,000 | -12,600,000 | -900,000 | -1,700,000 | -5,000,000 | ||||||||||||
proceeds from sales of business and assets | 0 | 0 | 0 | 1,700,000 | ||||||||||||||||||||||||||||||||||
investments in and loans to privately-held companies | -300,000 | 0 | ||||||||||||||||||||||||||||||||||||
other financing activities | 0 | 100,000 | -500,000 | 100,000 | -100,000 | -1,200,000 | -600,000 | -100,000 | -1,100,000 | -500,000 | 0 | -100,000 | 0 | |||||||||||||||||||||||||
cash paid for income tax, net of refunds | ||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment financed through accounts payable | 1,400,000 | 400,000 | -1,100,000 | 2,000,000 | 300,000 | 100,000 | 300,000 | 800,000 | 600,000 | 500,000 | -600,000 | 1,000,000 | 500,000 | 200,000 | 100,000 | 800,000 | 1,600,000 | -400,000 | -1,200,000 | 1,800,000 | -500,000 | -3,000,000 | 3,500,000 | 2,000,000 | 2,600,000 | -1,200,000 | 0 | 2,600,000 | ||||||||||
income from equity method investments | -200,000 | -400,000 | 1,400,000 | -700,000 | 1,000,000 | 500,000 | -800,000 | 0 | ||||||||||||||||||||||||||||||
income taxes paid, net of | 10,100,000 | 2,700,000 | 3,000,000 | 2,800,000 | ||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents and restricted cash | -11,300,000 | -2,500,000 | ||||||||||||||||||||||||||||||||||||
other assets impairment charges | ||||||||||||||||||||||||||||||||||||||
acquisitions of businesses and assets | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | ||||||||||||||||||||||||||||||||||||||
(income) income from equity method investments | -1,300,000 | -100,000 | ||||||||||||||||||||||||||||||||||||
impairment of intangible assets | 0 | 4,000,000 | 0 | |||||||||||||||||||||||||||||||||||
proceeds from issuance of warrant | ||||||||||||||||||||||||||||||||||||||
purchases of hedges | 0 | |||||||||||||||||||||||||||||||||||||
purchases of marketable securities | ||||||||||||||||||||||||||||||||||||||
borrowings under credit agreements | 0 | 200,000 | 1,300,000 | 68,200,000 | 20,500,000 | 3,000,000 | 6,400,000 | 72,000,000 | 3,000,000 | 4,000,000 | 0 | 0 | 8,000,000 | 2,000,000 | 5,000,000 | 538,000,000 | ||||||||||||||||||||||
loss from equity method investments, net of dividends received | 500,000 | |||||||||||||||||||||||||||||||||||||
cash paid for income tax | 400,000 | 1,100,000 | 8,500,000 | 4,400,000 | 400,000 | 5,900,000 | 500,000 | 4,400,000 | 3,500,000 | -300,000 | 600,000 | 1,200,000 | 700,000 | 11,700,000 | 200,000 | 3,400,000 | ||||||||||||||||||||||
changes in assets and liabilities, net of effects of acquisitions: | ||||||||||||||||||||||||||||||||||||||
accrued operating liabilities and other long-term operating liabilities | 11,400,000 | 3,900,000 | -7,500,000 | 3,100,000 | -3,200,000 | -1,000,000 | -7,100,000 | 1,100,000 | 18,600,000 | 7,100,000 | ||||||||||||||||||||||||||||
investments in privately-held companies | 700,000 | -600,000 | ||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs and discounts | 2,500,000 | 2,500,000 | 2,400,000 | |||||||||||||||||||||||||||||||||||
impairment of assets | ||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities, net of effects of acquisition: | ||||||||||||||||||||||||||||||||||||||
accrued liabilities and other current and long-term operating liabilities | -4,000,000 | 7,900,000 | -2,700,000 | 10,100,000 | 5,700,000 | -4,800,000 | ||||||||||||||||||||||||||||||||
investments and loans to privately-held companies | -200,000 | |||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible debt | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of warrants | ||||||||||||||||||||||||||||||||||||||
net earnings | -26,200,000 | -28,200,000 | -1,800,000 | -1,200,000 | 8,200,000 | -1,300,000 | 5,900,000 | 3,000,000 | 400,000 | 4,000,000 | 12,500,000 | 11,400,000 | 15,000,000 | 10,800,000 | 15,000,000 | 11,200,000 | ||||||||||||||||||||||
adjustments to reconcile net earnings to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling partner | ||||||||||||||||||||||||||||||||||||||
contributions and advances to joint ventures | -1,300,000 | |||||||||||||||||||||||||||||||||||||
gain from equity method investments, net of dividends received | ||||||||||||||||||||||||||||||||||||||
net transfers from parent | ||||||||||||||||||||||||||||||||||||||
distributions to varian medical systems, inc. | ||||||||||||||||||||||||||||||||||||||
excess tax benefits from share-based compensation | ||||||||||||||||||||||||||||||||||||||
dividends paid to redeemable noncontrolling interest | ||||||||||||||||||||||||||||||||||||||
transfers of property, plant and equipment from varian medical systems, inc. | 1,200,000 | -900,000 | ||||||||||||||||||||||||||||||||||||
other non-cash transfers to varian medical systems, inc. | ||||||||||||||||||||||||||||||||||||||
sale of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||
increase in restricted cash | ||||||||||||||||||||||||||||||||||||||
net transfers from (to) parent | 1,700,000 | 1,800,000 | ||||||||||||||||||||||||||||||||||||
effects of exchange rate changes on cash and cash equivalents | 0 | -700,000 | 100,000 | 100,000 | 200,000 | 0 | 0 | 700,000 | ||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -900,000 | -2,600,000 | -38,700,000 | 10,800,000 | -6,000,000 | 9,700,000 | 25,700,000 | 17,400,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 83,300,000 | 0 | 0 | 0 | 36,500,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | -900,000 | -2,600,000 | -38,700,000 | 94,100,000 | -6,000,000 | 9,700,000 | 25,700,000 | 53,900,000 | ||||||||||||||||||||||||||||||
distribution to varian medical systems, inc. | -27,100,000 | |||||||||||||||||||||||||||||||||||||
distribution payable to varian medical systems, inc. | ||||||||||||||||||||||||||||||||||||||
other non-cash transfers from parent | ||||||||||||||||||||||||||||||||||||||
loss (income) from equity method investments | 700,000 | |||||||||||||||||||||||||||||||||||||
tax effect of (windfalls) shortfalls from share-based compensation | ||||||||||||||||||||||||||||||||||||||
accrued liabilities and other long-term liabilities | -2,400,000 | |||||||||||||||||||||||||||||||||||||
transfers of property, plant and equipment from varian | 12,300,000 |
