10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950123-11-049025 |
| Period End Date | 20110331 |
| Filing Date | 20110512 |
| Fiscal Year | 2011 |
| Fiscal Period | Q1 |
| XBRL Instance | wmgi-20110331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$154.84M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$109.04M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$153.26M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$84.41M | USD | Point-in-time |
| Marketable securities |
MarketableSecuritiesCurrent
|
$19.15M | USD | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Marketable securities |
MarketableSecuritiesCurrent
|
$14.84M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$107.62M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$105.34M | USD | Point-in-time |
| Common stock, issued and outstanding (in shares) |
CommonStockIssuedAndOutstanding
|
39.18M | shares | Point-in-time |
| Common stock, issued and outstanding (in shares) |
CommonStockIssuedAndOutstanding
|
39.17M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$171.74M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$166.34M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$5.79M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$5.33M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$32.03M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$32.13M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$16.14M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$19.18M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$497.59M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$506.15M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$158.25M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$161.43M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$54.17M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$54.65M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$15.81M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$16.50M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesNoncurrent
|
$10.07M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesNoncurrent
|
$17.19M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$4.12M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$4.62M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$7.41M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$7.09M | USD | Point-in-time |
| Total assets |
Assets
|
$755.24M | USD | Point-in-time |
| Total assets |
Assets
|
$759.82M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$15.86M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$22.08M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$58.76M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$54.41M | USD | Point-in-time |
| Current portion of long-term obligations |
DebtCurrent
|
$8.62M | USD | Point-in-time |
| Current portion of long-term obligations |
DebtCurrent
|
$1.03M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$89.46M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$71.30M | USD | Point-in-time |
| Long-term debt and capital lease obligations |
LongTermDebtAndCapitalLeaseObligations
|
$173.27M | USD | Point-in-time |
| Long-term debt and capital lease obligations |
LongTermDebtAndCapitalLeaseObligations
|
$201.77M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$5.81M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$5.71M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$5.49M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$11.34M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$279.88M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$284.27M | USD | Point-in-time |
| Common stock, $.01 par value, authorized: 100,000,000 shares; issued and outstanding: 39,180,164 shares at March 31, 2011 and 39,171,501 shares at December 31, 2010 |
CommonStockValue
|
$379.00K | USD | Point-in-time |
| Common stock, $.01 par value, authorized: 100,000,000 shares; issued and outstanding: 39,180,164 shares at March 31, 2011 and 39,171,501 shares at December 31, 2010 |
CommonStockValue
|
$380.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$392.80M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$390.10M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$24.84M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$22.17M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$58.32M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$61.91M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$470.97M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$479.93M | USD | Point-in-time |
| Total liabilities and stockholder's equity |
LiabilitiesAndStockholdersEquity
|
$755.24M | USD | Point-in-time |
| Total liabilities and stockholder's equity |
LiabilitiesAndStockholdersEquity
|
$759.82M | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueGoodsNet
|
$131.24M | USD | 1 Quarter |
| Net sales |
SalesRevenueGoodsNet
|
$135.39M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$38.77M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$40.14M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$96.62M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$91.10M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$74.83M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$76.44M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$9.21M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$9.84M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$649.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$690.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$3.00M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$2.86M | USD | 1 Quarter |
| Restructuring charges |
RestructuringCharges
|
$544.00K | USD | 1 Quarter |
| Restructuring charges |
RestructuringCharges
|
- | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$84.72M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$87.47M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$11.90M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$3.64M | USD | 1 Quarter |
| Interest expense, net |
InterestExpenseIncomeNet
|
$1.83M | USD | 1 Quarter |
| Interest expense, net |
InterestExpenseIncomeNet
|
$1.51M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-132.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-4.46M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$5.60M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$2.01M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$2.52M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-525.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$3.59M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.09 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.01 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.01 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.09 | USD | 1 Quarter |
| Weighted-average number of shares outstanding-basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
38.03M | shares | 1 Quarter |
| Weighted-average number of shares outstanding-basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
37.54M | shares | 1 Quarter |
| Weighted-average number of shares outstanding-diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
38.33M | shares | 1 Quarter |
| Weighted-average number of shares outstanding-diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
37.54M | shares | 1 Quarter |
Cash Flow Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$3.59M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-525.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$8.44M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$9.44M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$3.00M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$2.86M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$649.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$690.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$336.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$246.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-924.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-767.00K | USD | 1 Quarter |
| Write off of deferred financing costs |
OtherNoncashExpense
|
- | USD | 1 Quarter |
| Write off of deferred financing costs |
OtherNoncashExpense
|
$2.93M | USD | 1 Quarter |
| Excess tax benefit from stock-based compensation arrangements |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$-1.00K | USD | 1 Quarter |
| Excess tax benefit from stock-based compensation arrangements |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$-93.00K | USD | 1 Quarter |
| Non-cash restructuring charges |
RestructuringCosts
|
$121.00K | USD | 1 Quarter |
| Non-cash restructuring charges |
RestructuringCosts
|
- | USD | 1 Quarter |
| Other |
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther
|
$1.06M | USD | 1 Quarter |
| Other |
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther
|
$-1.31M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$51.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-2.64M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-5.20M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.46M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$3.68M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-3.12M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$6.10M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$6.40M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedAndOtherLiabilities
|
$7.81M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedAndOtherLiabilities
|
$2.56M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$18.15M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$28.69M | USD | 1 Quarter |
| Capital expenditures |
CapitalExpenditures
|
$-10.09M | USD | 1 Quarter |
| Capital expenditures |
CapitalExpenditures
|
$-11.60M | USD | 1 Quarter |
| Acquisitions of businesses |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$237.00K | USD | 1 Quarter |
| Acquisitions of businesses |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$61.00K | USD | 1 Quarter |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$751.00K | USD | 1 Quarter |
| Investment in held-to-maturity marketable securities |
PaymentsToAcquireHeldToMaturitySecurities
|
- | USD | 1 Quarter |
| Investment in held-to-maturity marketable securities |
PaymentsToAcquireHeldToMaturitySecurities
|
$-20.09M | USD | 1 Quarter |
| Sales and maturities of available-for-sale marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Sales and maturities of available-for-sale marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$11.54M | USD | 1 Quarter |
| Investment in available-for-sale marketable securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$11.44M | USD | 1 Quarter |
| Investment in available-for-sale marketable securities |
PaymentsToAcquireAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfIntangibleAssets
|
$5.50M | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfIntangibleAssets
|
- | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.94M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$6.89M | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$78.00K | USD | 1 Quarter |
| Issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$206.00K | USD | 1 Quarter |
| Financing under factoring agreement, net |
ProceedsFromRepaymentsOfOtherDebt
|
- | USD | 1 Quarter |
| Financing under factoring agreement, net |
ProceedsFromRepaymentsOfOtherDebt
|
$5.00K | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Payments of deferred financing costs |
PaymentsOfFinancingCosts
|
$2.89M | USD | 1 Quarter |
| Payments of capital leases |
RepaymentsOfLongTermDebtAndCapitalSecurities
|
$55.00K | USD | 1 Quarter |
| Payments of capital leases |
RepaymentsOfLongTermDebtAndCapitalSecurities
|
$261.00K | USD | 1 Quarter |
| Redemption of convertible senior notes |
RepaymentsOfConvertibleDebt
|
$170.89M | USD | 1 Quarter |
| Redemption of convertible senior notes |
RepaymentsOfConvertibleDebt
|
- | USD | 1 Quarter |
| Proceeds from term loan borrowings |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$150.00M | USD | 1 Quarter |
| Proceeds from term loan borrowings |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 1 Quarter |
| Excess tax benefit from stock-based compensation arrangements |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$1.00K | USD | 1 Quarter |
| Excess tax benefit from stock-based compensation arrangements |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$93.00K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$249.00K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-23.96M | USD | 1 Quarter |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$496.00K | USD | 1 Quarter |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-370.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.58M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$24.63M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$154.84M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$109.04M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$153.26M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$84.41M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$109.04M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$153.26M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$154.84M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$84.41M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.