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Subsequent Event (Notes) | 9 Months Ended
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Oct. 03, 2015
Subsequent Event [Line Items] |
Subsequent Events [Text Block] | 16. Subsequent Event On November 4, 2015, the Company entered into an Amended and Restated Employment Agreement with Joe Kiani, Masimo’s Chairman and Chief Executive Officer (Restated Employment Agreement). The Restated Employment Agreement, among other things, eliminates the tax gross-up payments, “single trigger” change in control payments and certain survival provisions, as well as phases out the fixed annual stock option grants guaranteed to Mr. Kiani, under his previous employment agreement. Pursuant to the terms of the Restated Employment Agreement, upon a “Qualifying Termination” (as defined in the Restated Employment Agreement), Mr. Kiani will be entitled to receive a cash severance benefit equal to two times the sum of his then-current base salary and the average annual bonus paid to Mr. Kiani during the immediately preceding three years. In addition, upon a Qualifying Termination prior to 2018, Mr. Kiani will receive 2.7 million shares of common stock (subject to adjustment for recapitalizations, stock splits, stock dividends and the like) related to the vesting of certain restricted share units (RSUs) to be granted to Mr. Kiani in connection with the Restated Employment Agreement, and an additional cash payment of $35.0 million related to a Non-Competition and Confidentiality Agreement between Mr. Kiani and the Company (collectively, the Special Payment). For any Qualifying Termination occurring on or after January 1, 2018, the number of shares to be issued to Mr. Kiani pursuant to the restricted share units and the cash payment will each be reduced by 10% of the original amount each year so that after December 31, 2026, no Special Payment will be due. As of November 4, 2015, the estimated fair value of the Special Payment that would be recognized in the Company’s consolidated financial statements upon the occurrence of a Qualifying Termination, including the fair value of the common shares that would be issuable under the RSUs, approximated $146.9 million.

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- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. + References No definition available. + Details
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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