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Description of the Company | 3 Months Ended
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Mar. 29, 2025
Accounting Policies [Abstract] |
Description of the Company | 1. Description of the Company Masimo Corporation (the “Company”) is a global technology company that develops, manufactures and markets a wide array of patient monitoring technologies, as well as automation and connectivity solutions. The Company’s mission is to improve patient outcomes, reduce the cost of care and take noninvasive monitoring to new sites and applications. As of March 29, 2025, the Company operates two reportable segments: healthcare and non-healthcare. The Company’s healthcare products and patient monitoring solutions generally incorporate a monitor or circuit board, proprietary single-patient use or reusable sensors, software and/or cables. The Company primarily sells its healthcare products to hospitals, emergency medical service providers, home care providers, physician offices, veterinarians, long-term care facilities and consumers through its direct sales force, distributors and original equipment manufacturer (OEM) partners. The Company’s non-healthcare consumer business incorporates audio and home integration technologies are primarily sold or licensed direct-to-consumers, or through authorized retailers and wholesalers. As of December 28, 2024, the non-healthcare consumer business remained part of the Company’s continuing operations. Subsequently, the sales process has progressed in early 2025, and as of March 29, 2025, the non-healthcare consumer business has been classified as held-for-sale, and reported as discontinued operations. For additional information with respect to the non-healthcare consumer business separation and discontinued operations of this business, please see Note 18, “Discontinued Operations”. On May 6, 2025, the Company announced that it entered into a definitive agreement with HARMAN International, a wholly-owned subsidiary of Samsung Electronics., Ltd., to sell its non-healthcare business. See Note 26, “Subsequent Events” for additional information. The terms “the Company” and “Masimo” refer to Masimo Corporation and, where applicable, its consolidated subsidiaries.

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- Definition The entire disclosure for the nature of an entity's business, major products or services, principal markets including location, and the relative importance of its operations in each business and the basis for the determination, including but not limited to, assets, revenues, or earnings. For an entity that has not commenced principal operations, disclosures about the risks and uncertainties related to the activities in which the entity is currently engaged and an understanding of what those activities are being directed toward. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 275 -Publisher FASB -URI https://asc.fasb.org/275/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -SubTopic 10 -Topic 275 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-1 + Details
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