HAEMONETICS CORPORATION HAE Balance Sheet

Haemonetics corporation (HAE)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
ASSETS
Current assets:
Cash and cash equivalents
137,311	126,417	112,030	190,234	169,351	154,871	199,763	192,106	180,169	251,591	203,622	171,739	139,564	129,639	138,870	118,248	115,123	105,167	100,247	112,204	160,662	125,200	129,971	139,943	192,469	177,846	159,148	166,328	179,120	193,181	187,051	236,047	228,861	205,372	183,421	216,891	196,707	169,538	115,049	83,467	141,562
Accounts receivable, less allowance of $3,824 at March 28, 2020 and $3,937 at March 30, 2019
165,207	170,753	176,535	163,339	185,027	167,641	161,590	151,336	151,226	146,718	143,693	151,507	152,683	150,557	151,600	149,668	157,093	148,774	145,411	139,103	145,827	143,635	151,055	156,733	164,603	149,585	162,084	155,958	170,111	167,347	158,175	126,130	135,464	127,443	129,242	120,759	127,166	120,373	121,767	114,834	118,580
Inventory, Net
270,276	254,167	244,504	221,953	194,337	168,936	163,584	175,329	160,799	158,840	168,592	173,894	176,929	188,489	194,511	189,431	187,028	203,863	207,645	211,131	211,077	212,493	209,418	207,487	197,661	209,331	205,251	196,673	183,784	180,037	173,506	126,843	117,163	107,913	101,444	94,960	84,387	81,915	86,009	84,571	79,953
Deferred tax asset, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,995	11,977	12,680	-	16,172	14,149	14,173	14,144	14,178	14,454	14,341	13,782	10,807	10,643	10,579	9,665	9,487	9,790	9,930	9,674	13,397	13,880	10,720	10,985
Prepaid expenses and other current assets
30,845	31,238	34,720	39,752	27,406	24,449	27,868	32,246	28,983	32,564	37,482	30,949	40,853	27,877	27,406	32,248	28,842	31,564	35,444	33,243	40,103	52,331	52,366	50,969	54,099	52,392	51,144	58,072	50,213	47,510	47,425	40,588	35,976	16,958	17,203	25,729	30,897	20,794	25,517	29,924	34,862
Total current assets
603,639	582,575	567,789	615,278	576,121	515,897	552,805	551,017	521,177	589,713	553,389	528,089	510,029	496,562	512,387	489,595	488,086	501,363	500,724	508,361	557,669	549,831	556,959	569,305	622,976	603,332	592,081	591,372	597,010	598,882	576,800	540,187	527,129	467,173	441,100	468,269	448,831	406,017	362,222	323,516	385,942
Property, plant and equipment:
Land, building and building improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80,242	79,418	55,533	59,816	55,159	55,127	52,544	52,359	51,945	50,969	49,292	49,292
Plant equipment and machinery
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	196,869	250,777	137,877	136,057	135,268	132,124	132,404	128,612	128,691	126,351	121,337	113,534
Office equipment and information technology
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,955	32,423	94,982	88,185	85,894	85,347	84,530	83,258	82,264	80,824	76,173	75,023
Haemonetics equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	241,435	228,328	229,763	226,476	220,187	217,471	215,640	211,455	211,280	211,355	204,590	206,267
Total property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	676,388	662,735	641,476	-	619,501	590,946	518,155	510,534	496,508	490,069	485,118	475,684	474,180	469,499	451,392	444,116
Less: accumulated depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	416,283	404,468	386,500	-	356,373	351,786	351,915	348,877	338,805	333,203	328,140	320,156	318,064	312,202	294,027	289,803
Property, Plant and Equipment, Net
253,399	268,104	264,238	276,748	343,979	351,108	344,560	315,873	332,156	330,026	320,221	321,953	323,862	335,957	339,843	339,666	337,634	332,772	328,233	328,882	321,948	323,491	311,999	294,100	271,437	260,105	258,267	254,976	256,953	263,128	239,160	166,240	161,657	157,703	156,866	156,978	155,528	156,116	157,297	157,365	154,313
Intangible assets, less accumulated amortization of $287,526 at December 28, 2019 and $263,479 at March 30, 2019
133,106	107,307	113,540	120,340	127,693	134,724	141,483	148,730	156,589	163,946	169,379	173,420	177,540	185,427	192,451	198,121	204,458	214,809	237,685	241,873	244,588	251,221	257,544	264,560	271,159	275,287	277,065	279,098	264,388	273,695	297,972	94,913	96,549	97,060	98,847	100,892	101,789	99,649	94,544	84,214	100,060
Goodwill
210,652	211,062	211,041	211,140	210,819	210,723	210,844	210,903	211,395	211,086	211,125	210,930	210,841	267,314	268,546	268,589	267,840	266,945	333,575	334,187	334,310	334,990	336,301	337,237	336,768	337,029	341,673	341,509	330,474	321,284	322,114	115,048	115,058	115,320	115,582	115,707	115,367	111,268	112,383	117,739	109,988
Deferred tax asset
3,930	4,428	4,328	4,622	4,359	3,702	3,765	3,774	3,961	4,510	4,478	4,399	3,988	7,575	7,942	7,572	7,055	5,290	3,053	3,080	15,631	1,031	1,071	1,119	1,184	1,751	1,751	1,751	1,751	733	1,974	656	23	757	1,353	1,357	1,291	937	1,372	5,433	910
Other long-term assets
62,384	64,273	29,605	31,482	11,796	11,483	12,254	10,871	12,061	12,433	12,571	12,591	12,449	13,586	13,657	13,848	14,055	15,243	15,674	11,028	11,271	13,581	10,671	10,410	10,654	10,389	13,409	10,924	11,341	16,651	16,535	11,079	10,719	9,760	9,974	10,203	10,458	9,401	9,919	9,328	9,715
Total other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	624,456	633,898	633,282	607,954	612,363	638,595	221,696	222,349	222,897	225,756	228,159	228,905	221,255	218,218	216,714	220,673
Total assets
1,267,110	1,237,749	1,190,541	1,259,610	1,274,767	1,227,637	1,265,711	1,241,168	1,237,339	1,311,714	1,271,163	1,251,382	1,238,709	1,306,421	1,334,826	1,317,391	1,319,128	1,336,422	1,418,944	1,427,411	1,485,417	1,474,145	1,474,545	1,476,731	1,514,178	1,487,893	1,484,246	1,479,630	1,461,917	1,474,373	1,454,555	928,123	911,135	847,773	823,722	853,406	833,264	783,388	737,737	697,595	760,928
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Long-term Debt, Current Maturities
76,980	61,966	56,934	117,548	27,666	17,199	12,664	17,043	194,259	151,465	108,589	65,876	61,022	66,271	51,549	46,804	43,471	46,293	46,593	32,396	21,522	7,748	1,655	1,931	45,630	40,810	43,687	32,434	23,150	14,197	4,249	2,417	894	2,545	3,080	906	913	8,244	11,702	6,418	16,062
Accounts payable
50,730	52,298	57,449	60,792	63,361	62,579	57,857	65,393	55,265	41,496	41,764	39,389	42,973	48,848	42,013	36,799	39,674	39,636	42,088	42,155	48,425	46,830	44,173	55,213	53,562	43,106	45,380	47,915	49,893	53,077	42,987	33,978	35,425	28,891	29,759	28,155	28,323	19,608	21,628	23,418	25,786
Accrued payroll and related costs
49,471	44,425	38,848	31,352	53,200	51,811	49,132	45,828	69,519	63,066	37,364	31,934	43,534	41,556	40,808	44,330	35,798	38,204	42,852	40,092	51,115	48,028	55,840	49,495	54,913	44,581	44,101	41,523	45,697	40,897	40,376	25,162	29,451	24,970	26,780	23,001	27,039	26,138	30,330	25,240	39,046
Accrued taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,791	2,209	2,780	-	2,754	3,347	2,076	3,113	3,247	4,403	5,322	4,053	6,632	7,430	8,080	8,075	7,545	5,361	6,082	6,033	4,820	4,679	2,337	5,092
Deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	225	297	-	75	123	554	107	1,177	1,131	173	68
Other Liabilities, Current
97,641	98,003	86,835	83,973	91,532	79,693	69,514	65,731	65,660	68,151	67,282	68,324	63,650	59,546	64,294	71,040	66,608	49,410	54,363	52,342	67,622	58,980	60,041	57,153	59,710	57,264	60,617	60,601	57,351	62,557	60,927	51,972	56,899	45,342	45,703	44,321	46,256	45,543	44,281	44,427	49,000
Total current liabilities
274,822	256,692	240,066	293,665	235,759	211,282	189,167	193,995	384,703	324,178	254,999	205,523	211,179	216,221	198,664	198,973	185,551	175,334	188,105	169,765	188,684	164,340	165,056	165,868	216,928	189,008	198,188	187,795	180,144	177,610	156,194	121,906	130,744	109,368	110,806	103,019	108,671	105,530	113,751	102,013	135,054
Long-term Debt, Excluding Current Maturities
305,513	309,738	313,984	318,144	322,454	326,618	330,988	330,838	59,423	118,702	178,015	237,167	253,625	269,997	336,505	352,908	364,529	380,814	387,715	399,453	406,369	421,006	428,253	429,010	392,057	406,418	420,711	448,119	456,944	468,250	477,402	2,642	2,877	3,107	3,332	3,606	3,966	4,194	4,423	4,384	4,458
Deferred tax liability
10,562	14,576	11,687	14,006	19,906	18,441	13,235	10,606	6,526	6,428	13,380	12,818	12,114	24,463	22,188	21,416	21,377	33,510	34,781	34,354	32,505	25,871	26,911	28,366	29,664	29,664	29,265	29,961	29,552	25,497	26,513	24,356	23,332	16,775	18,005	18,386	18,669	11,872	12,681	13,512	15,377
Other Liabilities, Noncurrent
89,104	82,163	41,050	42,829	28,780	28,167	30,983	31,670	34,258	39,599	23,516	23,104	22,181	24,843	28,355	28,534	26,106	27,212	31,463	32,192	31,737	29,020	33,607	38,415	37,641	37,583	39,609	39,377	26,095	23,858	22,480	21,752	21,551	13,290	13,302	15,939	15,822	13,268	12,490	12,730	12,915
Stockholders’ equity:
Commitments and contingencies (Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-
Common stock, $0.01 par value; Authorized — 150,000,000 shares; Issued and outstanding — 50,322,930 shares at March 28, 2020 and 51,019,918 shares at March 30, 2019
503	504	506	508	510	510	516	516	523	534	527	525	523	518	515	511	509	508	506	509	517	515	513	514	520	519	515	514	510	516	257	256	506	251	249	257	256	255	248	247	255
Additional paid-in capital
553,229	537,913	533,720	525,038	536,320	531,131	530,480	507,394	503,955	525,877	497,980	491,436	482,044	468,348	459,651	445,138	439,912	435,477	430,488	427,878	426,964	417,405	408,940	404,686	402,611	396,607	385,153	378,366	365,040	362,199	354,389	341,401	322,232	312,887	304,517	310,083	302,709	289,906	256,071	251,113	252,323
Retained earnings
78,512	69,868	85,634	99,418	161,418	140,584	194,375	189,859	266,942	323,608	330,155	310,053	289,916	341,056	325,663	305,838	316,184	324,916	384,359	387,344	420,365	423,563	411,199	409,307	433,347	423,163	406,873	390,324	398,199	409,553	412,764	410,569	400,783	382,977	364,726	390,577	373,630	352,642	332,907	311,568	334,641
Accumulated Other Comprehensive Income (Loss), Net of Tax
-45,135	-33,705	-36,106	-33,998	-30,380	-29,096	-24,033	-23,710	-18,991	-27,212	-27,409	-29,244	-32,873	-39,025	-36,715	-35,927	-35,040	-41,349	-38,473	-24,084	-21,724	-7,575	66	565	1,410	4,931	3,932	5,174	5,433	6,890	4,556	5,241	9,110	9,118	8,785	11,539	9,541	5,721	5,166	2,028	5,905
Stockholders' Equity Attributable to Parent
587,109	574,580	583,754	590,966	667,868	643,129	701,338	674,059	752,429	822,807	801,253	772,770	739,610	770,897	749,114	715,560	721,565	719,552	776,880	791,647	826,122	833,908	820,718	815,072	837,888	825,220	796,473	774,378	769,182	779,158	771,966	757,467	732,631	705,233	678,277	712,456	686,136	648,524	594,392	564,956	593,124
Total liabilities and stockholders’ equity
1,267,110	1,237,749	1,190,541	1,259,610	1,274,767	1,227,637	1,265,711	1,241,168	1,237,339	1,311,714	1,271,163	1,251,382	1,238,709	1,306,421	1,334,826	1,317,391	1,319,128	1,336,422	1,418,944	1,427,411	1,485,417	1,474,145	1,474,545	1,476,731	1,514,178	1,487,893	1,484,246	1,479,630	1,461,917	1,474,373	1,454,555	928,123	911,135	847,773	823,722	853,406	833,264	783,388	737,737	697,595	760,928