10-Q Filing

VAREX IMAGING CORP CIK: 1681622 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001681622-20-000057`
Period End Date	20200331
Filing Date	20200513
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	var-20200403_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 84 Cash Flow Statement 78 Stockholders Equity 45 Comprehensive Income 28

Balance Sheet 102 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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$126.70M	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`	$141.00M	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
Inventories	`InventoryNet`	$248.20M	USD	Point-in-time
Inventories	`InventoryNet`	$282.20M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.30M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	38.37M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	38.65M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.90M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$454.00M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	38.65M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$438.40M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$146.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$142.30M	USD	Point-in-time
Goodwill	`Goodwill`	$290.80M	USD	Point-in-time
Goodwill	`Goodwill`	$290.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$86.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.50M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$54.30M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$53.60M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$29.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$27.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$30.30M	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Total assets	`Assets`	$1.04B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.90M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$71.80M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$75.70M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.50M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$30.20M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$30.70M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$11.70M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$10.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$175.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$198.10M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$352.80M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$364.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$23.50M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$34.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$32.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$617.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$580.20M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.50M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.50M	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, shares issued and outstanding - 38,653,547 and 38,371,305 at April 3, 2020 and September 27, 2019, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Common stock, $.01 par value: 150,000,000 shares authorized, shares issued and outstanding - 38,653,547 and 38,371,305 at April 3, 2020 and September 27, 2019, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$379.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$371.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.70M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$300.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$70.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$74.40M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$451.10M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$444.90M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.30M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$435.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$429.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$451.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$1.04B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time
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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value per share (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	38.37M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	38.65M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	38.65M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$195.80M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$197.00M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$381.50M	USD	2 Qtrs
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$397.10M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$278.40M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$131.40M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$139.40M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$257.10M	USD	2 Qtrs
Gross margin	`GrossProfit`	$64.40M	USD	1 Quarter
Gross margin	`GrossProfit`	$124.40M	USD	2 Qtrs
Gross margin	`GrossProfit`	$57.60M	USD	1 Quarter
Gross margin	`GrossProfit`	$118.70M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$42.60M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$18.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$37.60M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$20.90M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$30.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$70.10M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$61.10M	USD	2 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$800.00K	USD	2 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$800.00K	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	2 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$49.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$56.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$99.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$112.70M	USD	2 Qtrs
Operating earnings	`OperatingIncomeLoss`	$1.40M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$14.50M	USD	1 Quarter
Operating earnings	`OperatingIncomeLoss`	$24.90M	USD	2 Qtrs
Operating earnings	`OperatingIncomeLoss`	$6.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$10.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$10.60M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.60M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.60M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.30M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.50M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-2.50M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-8.30M	USD	2 Qtrs
Interest and other expense, net	`NonoperatingIncomeExpense`	$-13.00M	USD	2 Qtrs
Interest and other expense, net	`NonoperatingIncomeExpense`	$-6.70M	USD	1 Quarter
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.10M	USD	1 Quarter
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.80M	USD	1 Quarter
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.30M	USD	2 Qtrs
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.90M	USD	2 Qtrs
Taxes on earnings	`IncomeTaxExpenseBenefit`	$3.00M	USD	2 Qtrs
Taxes on earnings	`IncomeTaxExpenseBenefit`	$700.00K	USD	1 Quarter
Taxes on earnings	`IncomeTaxExpenseBenefit`	$1.90M	USD	1 Quarter
Taxes on earnings	`IncomeTaxExpenseBenefit`	$700.00K	USD	2 Qtrs
Net (loss) earnings	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Net (loss) earnings	`ProfitLoss`	$8.90M	USD	2 Qtrs
Net (loss) earnings	`ProfitLoss`	$-1.80M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$5.90M	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	2 Qtrs
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$-1.90M	USD	1 Quarter
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$-3.20M	USD	2 Qtrs
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$8.80M	USD	2 Qtrs
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$5.80M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.23	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.08	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.23	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.08	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.05	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.50M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.60M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`ProfitLoss`	$8.90M	USD	2 Qtrs
Net (loss) earnings	`ProfitLoss`	$-1.80M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$5.90M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$6.50M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$5.60M	USD	2 Qtrs
Depreciation	`Depreciation`	$14.10M	USD	2 Qtrs
Depreciation	`Depreciation`	$11.40M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$7.30M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.60M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.90M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$300.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.60M	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$300.00K	USD	2 Qtrs
Income from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-700.00K	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$1.20M	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$1.20M	USD	2 Qtrs
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	2 Qtrs
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$800.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-200.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-29.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$34.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$26.40M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.50M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.90M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$21.00M	USD	2 Qtrs
Accrued liabilities and other current and long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.40M	USD	2 Qtrs
Accrued liabilities and other current and long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$900.00K	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.90M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$1.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.90M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.90M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.60M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.20M	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.20M	USD	2 Qtrs
Investments in privately-held companies	`PaymentsToAcquireInterestInJointVenture`	$1.90M	USD	2 Qtrs
Investments in privately-held companies	`PaymentsToAcquireInterestInJointVenture`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.60M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.30M	USD	2 Qtrs
Taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.80M	USD	2 Qtrs
Taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.10M	USD	2 Qtrs
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$7.00M	USD	2 Qtrs
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$23.50M	USD	2 Qtrs
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$36.50M	USD	2 Qtrs
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$52.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$100.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.50M	USD	2 Qtrs
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$1.90M	USD	2 Qtrs
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$1.80M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$500.00K	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$500.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-100.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-45.60M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.10M	USD	2 Qtrs
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-600.00K	USD	2 Qtrs
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-200.00K	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.70M	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.90M	USD	2 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.50M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.30M	USD	Point-in-time
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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.30M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.50M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.60M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$9.20M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$9.10M	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$6.40M	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$300.00K	USD	2 Qtrs
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$600.00K	USD	2 Qtrs
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$900.00K	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	38.65M	shares	Point-in-time
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$435.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$429.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$451.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-3.30M	USD	2 Qtrs
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-2.00M	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$8.60M	USD	2 Qtrs
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$5.80M	USD	1 Quarter
Exercises of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	64,000.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$300.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.50M	USD	2 Qtrs
Common stock issued upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Common stock issued upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Common stock issued upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.70M	USD	1 Quarter
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.10M	USD	1 Quarter
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.80M	USD	2 Qtrs
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.10M	USD	2 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.90M	USD	2 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.80M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.50M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.60M	USD	2 Qtrs
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.40M	USD	1 Quarter
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.30M	USD	2 Qtrs
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.70M	USD	2 Qtrs
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.30M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-4.30M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-5.20M	USD	1 Quarter
Other	`StockholdersEquityOther`	$300.00K	USD	2 Qtrs
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	38.65M	shares	Point-in-time
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$451.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$429.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$435.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`ProfitLoss`	$8.90M	USD	2 Qtrs
Net (loss) earnings	`ProfitLoss`	$-1.80M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$5.90M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.40M	USD	1 Quarter
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.30M	USD	1 Quarter
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-3.70M	USD	2 Qtrs
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.30M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.30M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.90M	USD	1 Quarter
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	2 Qtrs
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.40M	USD	1 Quarter
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.70M	USD	2 Qtrs
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.50M	USD	1 Quarter
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.20M	USD	2 Qtrs
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	2 Qtrs
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$-1.20M	USD	2 Qtrs
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$5.10M	USD	2 Qtrs
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$4.40M	USD	1 Quarter
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$1.00M	USD	1 Quarter

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