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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 02, 2016
Jan. 03, 2015
Current assets    
Cash and cash equivalents $ 132,317 $ 134,453
Accounts receivable, net of allowance for doubtful accounts of $1,967 and $1,890 at January 2, 2016 and January 3, 2015, respectively 80,960 71,017
Inventories 62,038 69,718
Prepaid income taxes 2,404 417
Other current assets 21,423 21,471
Total current assets 299,142 297,076
Deferred cost of goods sold 66,844 67,485
Property and equipment, net 132,466 101,952
Intangible assets, net 27,556 27,771
Goodwill 20,394 20,979
Deferred income taxes 44,320 42,258
Other assets 11,013 7,485
Total assets 601,735 565,006
Current liabilities    
Accounts payable 25,865 38,045
Accrued compensation 38,415 33,600
Accrued liabilities 44,222 24,541
Income taxes payable 2,777 6,562
Deferred revenue 21,280 21,067
Current portion of capital lease obligations 74 79
Total current liabilities 132,633 123,894
Deferred revenue 298 453
Long term debt 185,071 125,145
Other liabilities 8,021 7,773
Total liabilities $ 326,023 $ 257,265
Commitments and contingencies (Note 15)
Masimo Corporation stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000 shares authorized at January 2, 2016 and January 3, 2015; 0 shares issued and outstanding at January 2, 2016 and January 3, 2015 $ 0 $ 0
Common stock, $0.001 par value, 100,000 shares authorized at January 2, 2016 and January 3, 2015; 49,881 and 52,594 shares outstanding at January 2, 2016 and January 3, 2015, respectively 50 52
Treasury stock, 12,759 and 8,611 shares at January 2, 2016 and January 3, 2015, respectively (340,873) (185,906)
Additional paid-in capital 332,417 288,686
Accumulated other comprehensive (loss) income (4,739) (2,093)
Retained earnings 288,560 205,260
Total Masimo Corporation stockholders’ equity 275,415 305,999
Noncontrolling interest 297 1,742
Total equity 275,712 307,741
Total liabilities and equity $ 601,735 $ 565,006