10-Q Filing

INTEGER HOLDINGS CORP CIK: 1114483 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-204203`
Period End Date	20130331
Filing Date	20130507
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	gb-20130329.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 46 Cash Flow Statement 62 Stockholders Equity 13

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.53M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.10B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.14M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.40B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.51M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$120.92M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$124.57M	USD	Point-in-time
Inventories	`InventoryNet`	$106.61M	USD	Point-in-time
Inventories	`InventoryNet`	$118.18M	USD	Point-in-time
Refundable income taxes	`IncomeTaxReceivable`	-	USD	Point-in-time
Refundable income taxes	`IncomeTaxReceivable`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$7.68M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$7.54M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.32M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.64M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$268.13M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$271.75M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$150.53M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$150.89M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Amortizing intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$83.22M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Amortizing intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$87.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.73M	shares	Point-in-time
Indefinite-lived intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$20.83M	USD	Point-in-time
Indefinite-lived intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$20.83M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.92M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.71M	shares	Point-in-time
Goodwill	`Goodwill`	$344.67M	USD	Point-in-time
Goodwill	`Goodwill`	$349.04M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.90M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	22,005.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.53M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.47M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	19,732.00	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.11M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.46M	USD	Point-in-time
Total assets	`Assets`	$884.92M	USD	Point-in-time
Total assets	`Assets`	$889.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$43.22M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$94.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$30.32M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$874.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$840.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$45.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$28.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$91.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.56M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$225.41M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$233.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$82.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$53.26M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.72M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$395.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$409.01M	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$24.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$24.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$325.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$320.62M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$452.00K	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$593.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$153.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$147.72M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.75M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$12.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$489.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$480.86M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$889.88M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$884.92M	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$159.10M	USD	1 Quarter
Sales	`SalesRevenueNet`	$148.26M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$99.52M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$112.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$46.89M	USD	1 Quarter
Gross profit	`GrossProfit`	$48.75M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$20.09M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$19.03M	USD	1 Quarter
Research, development and engineering costs, net	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$11.08M	USD	1 Quarter
Research, development and engineering costs, net	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$13.91M	USD	1 Quarter
Other operating (income) expense, net	`OtherCostAndExpenseOperating`	$2.75M	USD	1 Quarter
Other operating (income) expense, net	`OtherCostAndExpenseOperating`	$3.24M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$35.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$34.41M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$14.34M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$11.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.99M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.36M	USD	1 Quarter
Other (income) expense	`OtherNonoperatingExpense`	$720.00K	USD	1 Quarter
Other (income) expense	`OtherNonoperatingExpense`	$285.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.12M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.07M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.66M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.47M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.42M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.75M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.41M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.85M	shares	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.66M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.47M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.06M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.04M	USD	1 Quarter
Net change in cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$525.00K	USD	1 Quarter
Net change in cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$269.00K	USD	1 Quarter
Defined benefit plan liability adjustment, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Defined benefit plan liability adjustment, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$597.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.56M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.47M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$9.03M	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$5.66M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.12M	USD	1 Quarter
Debt related amortization included in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$5.76M	USD	1 Quarter
Debt related amortization included in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$2.96M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.43M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.19M	USD	1 Quarter
Other non-cash (gains) losses	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-930.00K	USD	1 Quarter
Other non-cash (gains) losses	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$165.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$123.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-29.21M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.61M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.90M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$12.07M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.91M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-80.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-848.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-512.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.96M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-12.73M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-13.92M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$30.25M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.02M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-410.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.59M	USD	1 Quarter
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.84M	USD	1 Quarter
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.75M	USD	1 Quarter
Proceeds from sale of orthopaedic product lines	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$1.77M	USD	1 Quarter
Proceeds from sale of orthopaedic product lines	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	1 Quarter
Net proceeds from sale (purchase) of cost and equity method investments, net	`SalePurchaseOfCostEquityMethodInvestments`	$810.00K	USD	1 Quarter
Net proceeds from sale (purchase) of cost and equity method investments, net	`SalePurchaseOfCostEquityMethodInvestments`	-	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.22M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-8.00K	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-38.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.78M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.02M	USD	1 Quarter
Principal payments of long-term debt	`RepaymentsOfLongTermDebt`	$205.78M	USD	1 Quarter
Principal payments of long-term debt	`RepaymentsOfLongTermDebt`	$10.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$10.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$208.00M	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$223.00K	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.19M	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-118.00K	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-81.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$105.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.32M	USD	1 Quarter
Effect of foreign currency exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-88.00K	USD	1 Quarter
Effect of foreign currency exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$353.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-26.97M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.14M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.28M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.14M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.51M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.14M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.51M	USD	Point-in-time

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$489.38M	USD	Point-in-time
Balance	`StockholdersEquity`	$480.86M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.17M	USD	1 Quarter
Net shares issued under stock incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$486.00K	USD	1 Quarter
Income tax liability from stock options, restricted stock and restricted stock units	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-81.00K	USD	1 Quarter
Shares contrbuted to 401(k)	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$2.48M	USD	1 Quarter
Shares contrbuted to 401(k)	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.79M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.66M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.47M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.56M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.20M	USD	1 Quarter
Balance	`StockholdersEquity`	$489.38M	USD	Point-in-time
Balance	`StockholdersEquity`	$480.86M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.