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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Jan. 02, 2016
Current assets    
Cash and cash equivalents $ 305,970 $ 132,317
Accounts receivable, net of allowance for doubtful accounts of $1,698 and $1,967 at December 31, 2016 and January 2, 2016, respectively 101,720 80,960
Inventories 72,542 62,038
Prepaid income taxes 981 2,404
Other current assets 26,014 21,423
Total current assets 507,227 299,142
Deferred cost of goods sold 79,948 66,844
Property and equipment, net 135,996 132,466
Intangible assets, net 29,376 27,556
Goodwill 19,780 20,394
Deferred income taxes 38,975 44,320
Other assets 9,223 11,013
Total assets 820,525 601,735
Current liabilities    
Accounts payable 31,125 25,865
Accrued compensation 43,180 38,415
Accrued liabilities 31,476 44,222
Income taxes payable 76,316 2,777
Deferred revenue 38,198 21,280
Current portion of capital lease obligations 71 74
Total current liabilities 220,366 132,633
Deferred revenue 25,336 298
Long-term debt 0 185,071
Other liabilities 14,587 8,021
Total liabilities 260,289 326,023
Commitments and contingencies (Notes 4 and 15)
Masimo Corporation stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000 shares authorized at December 31, 2016 and January 2, 2016; 0 shares issued and outstanding at December 31, 2016 and January 2, 2016 0 0
Common stock, $0.001 par value, 100,000 shares authorized at December 31, 2016 and January 2, 2016; 50,188 and 49,881 shares issued and outstanding at December 31, 2016 and January 2, 2016, respectively 50 50
Treasury stock, 14,255 and 12,759 shares at December 31, 2016 and January 2, 2016, respectively (404,276) (340,873)
Additional paid-in capital 382,263 332,417
Accumulated other comprehensive (loss) income (7,027) (4,739)
Retained earnings 589,226 288,560
Total Masimo Corporation stockholders’ equity 560,236 275,415
Noncontrolling interest 0 297
Total equity 560,236 275,712
Total liabilities and equity $ 820,525 $ 601,735