Varex Imaging Corp
For the period ended Apr 4, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 4, 2025 · Filed May 8, 2025
VREX$18.45+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| (In millions, except share and per share amounts) | April 4, 2025 | September 27, 2024 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $205.1 | $168.7 |
| Marketable securities | 17.9 | 31.8 |
| Accounts receivable, net of allowance for credit losses of $1.3 million and $1.0 million at April 4, 2025 and September 27, 2024, respectively | 145.7 | 157.7 |
| Inventories, net | 284.7 | 264.8 |
| Prepaid expenses and other current assets | 30.4 | 26.9 |
| Total current assets | 683.8 | 649.9 |
| Property, plant, and equipment, net | 152.9 | 153.4 |
| Goodwill | 290.3 | 291.0 |
| Intangible assets, net | 15.3 | 16.1 |
| Investments in privately-held companies | 23.2 | 26.8 |
| Deferred tax assets | 3.0 | 4.7 |
| Operating lease assets | 24.7 | 28.3 |
| Restricted cash | 127.1 | 1.7 |
| Other assets | 37.3 | 45.1 |
| Total assets | $1,357.6 | $1,217.0 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $70.8 | $59.1 |
| Accrued liabilities and other current liabilities | 83.0 | 78.6 |
| Current operating lease liabilities | 3.9 | 4.0 |
| Current maturities of long-term debt, net | 1.4 | 46.3 |
| Deferred revenues | 9.7 | 7.9 |
| Total current liabilities | 168.8 | 195.9 |
| Long-term debt, net | 565.8 | 397.1 |
| Deferred tax liabilities | — | 1.4 |
| Operating lease liabilities | 19.6 | 23.0 |
| Other long-term liabilities | 39.5 | 50.4 |
| Total liabilities | 793.7 | 667.8 |
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value: 20,000,000 shares authorized, none issued | — | — |
| Common stock, $0.01 par value: 150,000,000 shares authorized | ||
| Shares issued and outstanding: 41,512,831 and 41,094,179 at April 4, 2025 and September 27, 2024, respectively | 0.4 | 0.4 |
| Additional paid-in capital | 474.7 | 467.2 |
| Accumulated other comprehensive loss | (2.4) | (2.9) |
| Retained earnings | 77.0 | 70.4 |
| Total Varex stockholders' equity | 549.7 | 535.1 |
| Noncontrolling interests | 14.2 | 14.1 |
| Total stockholders' equity | 563.9 | 549.2 |
| Total liabilities and stockholders' equity | $1,357.6 | $1,217.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.