10-Q Filing

VAREX IMAGING CORP CIK: 1681622 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001681622-19-000008`
Period End Date	20181231
Filing Date	20190206
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	var-20181228.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 40 Cash Flow Statement 62 Stockholders Equity 22 Comprehensive Income 12

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.10M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$94.10M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.30M	USD	Point-in-time
Common stock, par value per share (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$133.40M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$154.00M	USD	Point-in-time
Common stock, par value per share (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$256.70M	USD	Point-in-time
Inventories, net	`InventoryNet`	$235.10M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	38.03M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.50M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	38.12M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$23.50M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	38.12M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$458.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$465.70M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	38.03M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$138.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$144.90M	USD	Point-in-time
Goodwill	`Goodwill`	$243.60M	USD	Point-in-time
Goodwill	`Goodwill`	$243.60M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$70.10M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$73.80M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$52.60M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$51.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$34.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$30.60M	USD	Point-in-time
Total assets	`Assets`	$987.90M	USD	Point-in-time
Total assets	`Assets`	$1.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$66.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$65.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$54.60M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$58.30M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$25.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$27.50M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$14.20M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$14.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$165.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$152.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$347.90M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$364.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$22.30M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$19.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$29.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$28.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$548.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$560.80M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$11.10M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.90M	USD	Point-in-time
Preferred stock, $.01 par value: 20,000,000 shares authorized, none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $.01 par value: 20,000,000 shares authorized, none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $.01 par value: 150,000,000 shares authorized, 38,119,344 issued and outstanding as of December 28, 2018 ; 38,026,597 issued and outstanding as of September 28, 2018	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Common stock, $.01 par value: 150,000,000 shares authorized, 38,119,344 issued and outstanding as of December 28, 2018 ; 38,026,597 issued and outstanding as of September 28, 2018	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$357.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$362.10M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.50M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$61.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$58.30M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$426.20M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$427.30M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.90M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.10M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$397.50M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$379.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$429.20M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$987.90M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$1.00B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$176.20M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$185.70M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$114.70M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$125.70M	USD	1 Quarter
Gross margin	`GrossProfit`	$60.00M	USD	1 Quarter
Gross margin	`GrossProfit`	$61.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$19.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$18.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$30.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$28.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$49.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$47.90M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$13.60M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$10.40M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.50M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.20M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.10M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-6.50M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-6.30M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.10M	USD	1 Quarter
Earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.10M	USD	1 Quarter
Taxes (benefit) on earnings	`IncomeTaxExpenseBenefit`	$-4.30M	USD	1 Quarter
Taxes (benefit) on earnings	`IncomeTaxExpenseBenefit`	$1.10M	USD	1 Quarter
Net earnings	`ProfitLoss`	$11.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.00M	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Net earnings attributable to Varex	`NetIncomeLoss`	$11.30M	USD	1 Quarter
Net earnings attributable to Varex	`NetIncomeLoss`	$3.00M	USD	1 Quarter
Earnings per share, basic (in USD per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Earnings per share, basic (in USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Earnings per share, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Earnings per share, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.70M	shares	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.10M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.20M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.30M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$11.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.00M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.10M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.60M	USD	1 Quarter
Depreciation	`Depreciation`	$4.90M	USD	1 Quarter
Depreciation	`Depreciation`	$9.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.70M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.20M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.50M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.90M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$800.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-700.00K	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$600.00K	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$600.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-100.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-33.60M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$9.60M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$22.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.70M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.50M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-500.00K	USD	1 Quarter
Accrued operating liabilities and other long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.10M	USD	1 Quarter
Accrued operating liabilities and other long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.10M	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-500.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.10M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.60M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.40M	USD	1 Quarter
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$4.00M	USD	1 Quarter
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$2.00M	USD	1 Quarter
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$32.00M	USD	1 Quarter
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$19.00M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.80M	USD	1 Quarter
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$1.40M	USD	1 Quarter
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$1.90M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.10M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.80M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.00K	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-400.00K	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.10M	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.80M	USD	1 Quarter
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.50M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.50M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$3.00M	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaid`	$600.00K	USD	1 Quarter
Cash paid for income tax	`IncomeTaxesPaid`	$200.00K	USD	1 Quarter
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$2.00M	USD	1 Quarter
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$1.80M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	38.12M	shares	Point-in-time
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	38.03M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$397.50M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$379.00M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$429.20M	USD	Point-in-time
Effect of adoption of ASC 606	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-4.10M	USD	Point-in-time
Net earnings	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.80M	USD	1 Quarter
Net earnings	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$11.30M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.80M	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.50M	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.90M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.10M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.60M	USD	1 Quarter
Unrealized (loss) gain on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.80M	USD	1 Quarter
Unrealized (loss) gain on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-2.30M	USD	1 Quarter
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	38.12M	shares	Point-in-time
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	38.03M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$397.50M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$379.00M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$429.20M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$11.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.00M	USD	1 Quarter
Unrealized gain/(loss) on interest rate swap contracts	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.80M	USD	1 Quarter
Unrealized gain/(loss) on interest rate swap contracts	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.30M	USD	1 Quarter
Other comprehensive earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.30M	USD	1 Quarter
Other comprehensive earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.80M	USD	1 Quarter
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$700.00K	USD	1 Quarter
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.20M	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$700.00K	USD	1 Quarter
Comprehensive earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$13.10M	USD	1 Quarter

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