Orthofix medical inc. (OFIX)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets
Cash and cash equivalents

57,739

69,719

56,849

52,143

46,668

69,623

53,783

45,686

77,056

81,157

53,925

44,330

41,652

39,572

46,824

40,482

39,846

63,663

63,694

55,946

29,784

36,815

29,825

28,919

25,117

28,924

22,219

27,370

33,675

30,767

53,572

50,089

47,053

33,207

29,020

27,485

13,561

Restricted cash

529

684

654

-

2,540

2,566

2,459

-

-

-

-

-

-

14,369

-

-

-

-

-

-

27,253

34,424

34,630

45,248

19,270

23,761

22,732

20,601

29,446

21,314

67,319

72,913

79,371

45,476

37,222

25,255

22,944

Accounts receivable, net of allowances of $5,591 and $3,987, respectively

77,798

86,805

79,690

80,591

79,615

77,747

74,356

74,397

77,182

63,437

61,187

61,213

59,443

57,848

52,893

56,438

55,267

59,839

56,173

58,356

58,535

61,358

62,505

63,322

73,447

70,811

75,252

90,828

96,506

103,802

155,978

149,472

156,495

99,888

142,197

139,243

134,184

Inventories

82,744

82,397

80,993

79,141

79,128

76,847

79,895

81,730

77,686

81,330

80,124

75,869

66,271

63,346

65,013

61,334

59,787

57,563

57,766

59,219

56,709

59,846

64,266

70,902

70,677

72,678

100,204

94,941

84,691

69,813

80,822

78,423

90,939

81,528

94,707

97,981

84,589

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,974

36,970

36,913

-

39,847

40,402

40,007

39,999

34,053

33,664

33,915

38,487

19,059

20,106

19,028

36,313

19,342

20,044

17,422

Escrow receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,537

15,523

15,263

14,937

Prepaid expenses and other current assets

21,185

20,948

19,617

20,954

16,387

17,856

34,517

35,613

31,219

25,877

18,172

17,192

19,478

19,238

20,519

19,734

19,067

31,187

31,884

24,723

25,840

26,552

39,272

43,886

31,050

28,933

27,313

28,993

34,390

36,449

28,122

25,386

21,889

21,999

21,718

20,829

24,123

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

171,185

-

-

-

Total current assets

239,995

260,553

237,803

232,829

224,338

244,639

245,010

237,426

263,143

251,801

213,408

198,604

186,844

194,373

185,249

177,988

173,967

212,252

245,491

235,214

235,034

218,995

270,345

292,679

259,568

265,106

281,773

296,397

312,623

300,632

404,872

396,389

414,775

531,133

359,729

346,100

311,760

Property, plant and equipment, net

64,836

62,727

62,964

64,402

63,727

42,835

43,575

44,377

43,973

45,139

46,678

46,651

47,962

48,916

51,861

52,499

53,645

52,306

51,467

49,963

46,737

48,549

49,616

51,082

52,656

54,372

55,762

55,166

54,119

52,793

46,550

45,267

53,634

46,137

49,302

49,205

45,535

Intangible assets, net

58,770

54,139

53,613

55,628

56,764

51,897

51,637

51,498

13,150

10,461

9,915

9,508

8,530

7,461

8,020

7,822

5,602

5,302

5,368

5,626

5,888

7,152

7,455

8,075

8,518

9,046

9,821

6,857

6,935

7,290

7,000

7,294

36,399

8,846

38,938

40,252

41,457

Goodwill

82,646

71,177

71,177

71,177

71,177

72,401

70,747

70,747

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

53,565

55,405

72,758

72,607

74,388

73,952

73,111

180,435

73,094

179,796

181,633

176,497

Deferred income taxes

36,133

35,117

39,626

37,566

36,575

33,228

36,030

30,634

28,359

23,315

47,052

42,685

41,431

47,325

56,222

56,443

56,439

57,306

19,101

17,910

18,139

55,725

21,226

22,762

22,816

22,394

19,911

19,205

19,176

21,523

19,158

18,444

9,958

16,741

16,170

16,295

16,175

Other long-term assets

11,110

11,907

10,420

27,204

26,735

21,641

3,166

7,082

6,814

21,073

15,683

16,664

16,413

20,463

21,136

16,421

19,557

19,491

27,457

26,876

27,351

8,970

8,838

5,834

6,850

7,492

7,386

9,067

10,298

7,920

13,541

12,815

12,385

9,429

12,138

13,541

12,565

Total assets

493,490

495,620

475,603

488,806

479,316

466,641

450,165

441,764

409,004

405,354

386,301

367,677

354,745

372,103

376,053

364,738

362,775

400,222

402,449

389,154

386,714

392,956

411,045

433,997

403,973

411,975

430,058

459,450

475,758

464,546

565,073

553,320

707,586

685,380

656,073

647,026

603,989

Liabilities and shareholders’ equity
Current liabilities
Bank borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

282

499

1,423

1,318

1,284

2,387

3,812

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

17,500

15,000

12,500

7,500

Accounts payable

19,641

19,886

17,892

19,523

19,643

17,989

15,426

14,453

14,012

18,111

13,352

14,245

16,555

14,353

14,375

13,676

13,524

16,391

17,009

17,230

16,322

13,223

13,233

15,712

14,022

20,674

14,710

18,894

14,987

22,575

18,089

11,551

17,401

18,231

17,816

18,443

19,796

Current portion of finance lease liability

357

323

293

301

359

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued charges related to U.S. Government resolutions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76,743

83,864

82,500

83,138

46,000

46,000

-

Other current liabilities

45,963

64,674

70,323

48,161

43,652

67,919

61,387

49,486

51,171

61,295

60,718

50,858

46,316

69,088

68,900

63,523

45,472

65,597

61,570

47,678

53,083

53,220

68,148

67,382

43,700

49,676

51,308

52,679

44,729

42,742

57,349

50,132

50,173

40,836

57,208

53,881

52,418

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,676

-

-

-

Total current liabilities

65,961

84,883

88,508

67,985

63,654

85,908

76,813

63,939

65,183

79,406

74,070

65,103

62,871

83,441

83,275

77,199

58,996

81,988

78,579

64,908

69,405

66,443

81,381

83,094

57,722

70,350

66,018

71,573

59,716

65,333

152,463

146,046

171,497

183,699

137,308

133,211

83,526

Long-term portion of finance lease liability

22,471

20,648

20,767

20,847

20,879

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

40,000

184,945

191,195

197,445

201,195

208,695

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,886

13,325

13,201

13,026

12,834

12,326

12,225

11,350

9,779

9,781

9,521

9,778

7,286

7,539

8,102

Other long-term liabilities

49,689

62,458

59,894

52,180

51,101

45,336

50,002

57,979

30,647

29,340

26,920

25,627

24,740

25,185

19,598

29,308

28,308

27,923

26,664

26,569

26,769

26,886

11,762

12,367

12,487

12,736

12,149

10,324

10,425

11,424

5,221

3,277

3,215

8,634

3,091

7,171

2,775

Total liabilities

138,121

167,989

169,169

141,012

135,634

131,244

126,815

121,918

95,830

108,746

100,990

90,730

87,611

108,626

102,873

106,507

87,304

109,911

105,243

91,477

96,174

93,329

106,029

128,786

103,410

116,112

111,001

114,223

102,366

108,107

187,463

199,104

369,178

393,306

345,130

349,116

303,098

Contingencies (Note 9)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders’ equity
Common shares $0.10 par value; 50,000,000 shares authorized; 19,056,178 and 19,022,619 issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

1,906

1,902

1,888

1,883

1,879

1,858

1,854

1,849

1,841

1,828

1,821

1,812

1,804

1,783

1,804

1,811

1,819

1,866

1,888

1,884

1,876

1,861

1,861

1,854

1,836

1,810

1,810

1,849

1,945

1,934

1,928

1,895

1,873

1,846

1,841

1,824

1,772

Additional paid-in capital

275,686

271,019

263,064

257,888

252,862

243,165

238,422

233,742

228,356

220,591

215,778

211,990

208,686

204,095

208,109

205,337

212,720

232,126

239,954

237,987

236,260

232,788

231,038

228,502

223,356

216,653

215,081

225,148

250,381

246,306

246,052

231,758

222,794

214,505

220,639

213,287

195,402

Retained earnings

82,527

57,749

46,063

86,561

87,108

87,078

78,207

79,418

78,493

70,402

68,834

65,378

61,525

64,179

67,415

59,057

66,444

62,551

59,182

60,553

56,981

65,360

71,158

70,706

71,389

73,897

97,208

117,030

119,347

102,709

128,035

120,475

109,270

72,009

84,862

72,484

98,327

Accumulated other comprehensive loss

-4,750

-3,039

-4,581

1,462

1,833

3,296

4,867

4,837

4,484

3,787

-1,122

-2,233

-4,881

-6,580

-4,148

-7,974

-5,512

-6,232

-3,818

-2,747

-4,577

-382

959

4,149

3,982

3,503

4,958

1,200

1,719

5,490

1,595

88

4,471

3,714

3,601

10,315

5,390

Total shareholders’ equity

355,369

327,631

306,434

347,794

343,682

335,397

323,350

319,846

313,174

296,608

285,311

276,947

267,134

263,477

273,180

258,231

275,471

290,311

297,206

297,677

290,540

299,627

305,016

305,211

300,563

295,863

319,057

345,227

373,392

356,439

377,610

354,216

338,408

292,074

310,943

297,910

300,891

Total liabilities and shareholders’ equity

493,490

495,620

475,603

488,806

479,316

466,641

450,165

441,764

409,004

405,354

386,301

367,677

354,745

372,103

376,053

364,738

362,775

400,222

402,449

389,154

386,714

392,956

411,045

433,997

403,973

411,975

430,058

459,450

475,758

464,546

565,073

553,320

707,586

685,380

656,073

647,026

603,989