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Variable Interest Entities (VIEs) (Tables) | 12 Months Ended
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Dec. 31, 2016
Variable Interest Entity [Abstract] |
Condensed Consolidating Schedules of Balance Sheets | The consolidating balance sheet as of January 2, 2016, and statements of operations for the years ended January 2, 2016 and January 3, 2015 reflecting the Company, Cercacor and related eliminations (in thousands) are as follows.
|  | January 2, 2016
Consolidating Balance Sheet: |  | Masimo Corp |  | Cercacor |  | Cercacor Elim |  | Total
ASSETS |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 131,554 |  |  | $ | 763 |  |  | $ | — |  |  | $ | 132,317 |
Accounts receivable, net |  | 80,937 |  |  | 23 |  |  | — |  |  | 80,960 |
Inventories |  | 62,038 |  |  | — |  |  | — |  |  | 62,038 |
Prepaid income taxes |  | 2,342 |  |  | 62 |  |  | — |  |  | 2,404 |
Other current assets |  | 21,230 |  |  | 1,277 |  |  | (1,084 | ) |  | 21,423 |
Deferred cost of goods sold |  | 66,844 |  |  | — |  |  | — |  |  | 66,844 |
Property and equipment, net |  | 131,877 |  |  | 589 |  |  | — |  |  | 132,466 |
Intangible assets, net |  | 29,045 |  |  | 2,858 |  |  | (4,347 | ) |  | 27,556 |
Goodwill |  | 20,394 |  |  | — |  |  | — |  |  | 20,394 |
Deferred income taxes |  | 44,320 |  |  | — |  |  | — |  |  | 44,320 |
Other assets |  | 11,013 |  |  | — |  |  | — |  |  | 11,013 |
Total assets |  | $ | 601,594 |  |  | $ | 5,572 |  |  | $ | (5,431 | ) |  | $ | 601,735 |
LIABILITIES |  |  |  |  |  |  |  |
Accounts payable |  | $ | 25,798 |  |  | $ | 67 |  |  | $ | — |  |  | $ | 25,865 |
Accrued compensation |  | 37,715 |  |  | 700 |  |  | — |  |  | 38,415 |
Accrued liabilities |  | 45,142 |  |  | 164 |  |  | (1,084 | ) |  | 44,222 |
Income taxes payable |  | 2,565 |  |  | 212 |  |  | — |  |  | 2,777 |
Deferred revenue |  | 21,280 |  |  | 376 |  |  | (376 | ) |  | 21,280 |
Current portion of capital lease obligations |  | 74 |  |  | — |  |  | — |  |  | 74 |
Deferred revenue |  | 298 |  |  | 3,406 |  |  | (3,406 | ) |  | 298 |
Long-term debt |  | 185,071 |  |  | — |  |  | — |  |  | 185,071 |
Other liabilities |  | 7,964 |  |  | 57 |  |  | — |  |  | 8,021 |
EQUITY |  |  |  |  |  |  |  |
Common stock |  | 50 |  |  | 14 |  |  | (14 | ) |  | 50 |
Treasury stock |  | (340,873 | ) |  | (100 | ) |  | 100 |  |  | (340,873 | )
Additional paid-in capital |  | 332,417 |  |  | 842 |  |  | (842 | ) |  | 332,417 |
Accumulated other comprehensive loss |  | (4,739 | ) |  | — |  |  | — |  |  | (4,739 | )
Retained earnings (deficit) |  | 288,832 |  |  | (166 | ) |  | (106 | ) |  | 288,560 |
Total Masimo Corporation stockholders’ equity |  | 275,687 |  |  | 590 |  |  | (862 | ) |  | 275,415 |
Noncontrolling interest |  | — |  |  | — |  |  | 297 |  |  | 297 |
Total equity |  | 275,687 |  |  | 590 |  |  | (565 | ) |  | 275,712 |
Total liabilities and equity |  | $ | 601,594 |  |  | $ | 5,572 |  |  | $ | (5,431 | ) |  | $ | 601,735 |
Condensed Consolidating Schedules of Statements of Comprehensive Income |
| Year ended January 2, 2016 |  | Year ended January 3, 2015
Consolidating Statements of Operations: | Masimo Corp |  | Cercacor |  | Cercacor Elim |  | Total |  | Masimo Corp |  | Cercacor |  | Cercacor Elim |  | Total
Total revenue | $ | 630,111 |  |  | $ | 6,910 |  |  | $ | (6,910 | ) |  | $ | 630,111 |  |  | $ | 586,643 |  |  | $ | 5,970 |  |  | $ | (5,970 | ) |  | $ | 586,643 |
Cost of goods sold | 226,788 |  |  | — |  |  | (6,660 | ) |  | 220,128 |  |  | 201,334 |  |  | — |  |  | (5,470 | ) |  | 195,864 |
Gross profit | 403,323 |  |  | 6,910 |  |  | (250 | ) |  | 409,983 |  |  | 385,309 |  |  | 5,970 |  |  | (500 | ) |  | 390,779 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Selling, general and administrative | 250,627 |  |  | 2,348 |  |  | (250 | ) |  | 252,725 |  |  | 238,674 |  |  | 2,842 |  |  | (500 | ) |  | 241,016 |
Research and development | 50,292 |  |  | 6,325 |  |  | — |  |  | 56,617 |  |  | 53,449 |  |  | 3,132 |  |  | — |  |  | 56,581 |
Litigation settlement, award and/or defense costs | (19,609 | ) |  | — |  |  | — |  |  | (19,609 | ) |  | (8,010 | ) |  | (2,321 | ) |  | — |  |  | (10,331 | )
Total operating expenses | 281,310 |  |  | 8,673 |  |  | (250 | ) |  | 289,733 |  |  | 284,113 |  |  | 3,653 |  |  | (500 | ) |  | 287,266 |
Operating income (loss) | 122,013 |  |  | (1,763 | ) |  | — |  |  | 120,250 |  |  | 101,196 |  |  | 2,317 |  |  | — |  |  | 103,513 |
Non-operating expense (income) | 3,910 |  |  | (571 | ) |  | 566 |  |  | 3,905 |  |  | 1,505 |  |  | (33 | ) |  | — |  |  | 1,472 |
Income (loss) before provision for income taxes | 118,103 |  |  | (1,192 | ) |  | (566 | ) |  | 116,345 |  |  | 99,691 |  |  | 2,350 |  |  | — |  |  | 102,041 |
Provision for income taxes | 34,803 |  |  | 42 |  |  | — |  |  | 34,845 |  |  | 27,173 |  |  | 505 |  |  | — |  |  | 27,678 |
Net income (loss) including noncontrolling interests | 83,300 |  |  | (1,234 | ) |  | (566 | ) |  | 81,500 |  |  | 72,518 |  |  | 1,845 |  |  | — |  |  | 74,363 |
Net (loss) income attributable to noncontrolling interests | — |  |  | — |  |  | (1,800 | ) |  | (1,800 | ) |  | — |  |  | — |  |  | 1,845 |  |  | 1,845 |
Net income (loss) attributable to Masimo Corporation stockholders | $ | 83,300 |  |  | $ | (1,234 | ) |  | $ | 1,234 |  |  | $ | 83,300 |  |  | $ | 72,518 |  |  | $ | 1,845 |  |  | $ | (1,845 | ) |  | $ | 72,518 |

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