10-Q Filing

VAREX IMAGING CORP CIK: 1681622 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001681622-20-000080`
Period End Date	20200630
Filing Date	20200814
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	var-20200703_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 84 Cash Flow Statement 88 Stockholders Equity 54 Comprehensive Income 28

Balance Sheet 90 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`	$87.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.90M	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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, par value per share (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$109.70M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventories	`InventoryNet`	$283.20M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.60M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	39.06M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	38.37M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.30M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$438.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$498.90M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	39.06M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$145.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$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`	$70.60M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$53.60M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$50.90M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$6.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$29.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$29.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$27.50M	USD	Point-in-time
Total assets	`Assets`	$1.04B	USD	Point-in-time
Total assets	`Assets`	$1.12B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$79.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.20M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$75.70M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$69.50M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.60M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$30.70M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$27.60M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$9.40M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$10.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$191.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$175.10M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$389.50M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$364.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$24.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$32.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$35.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$580.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$640.60M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$10.80M	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 - 39,056,965 and 38,371,305 at July3, 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 - 39,056,965 and 38,371,305 at July3, 2020 and September 27, 2019, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$371.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$427.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$42.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$74.40M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$444.90M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$467.10M	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`	$454.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$470.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$435.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$437.70M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$1.12B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$1.04B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$568.30M	USD	3 Qtrs
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$171.20M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$196.70M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$578.20M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$393.10M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$136.00M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$144.90M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$423.30M	USD	3 Qtrs
Gross margin	`GrossProfit`	$185.10M	USD	3 Qtrs
Gross margin	`GrossProfit`	$60.70M	USD	1 Quarter
Gross margin	`GrossProfit`	$26.30M	USD	1 Quarter
Gross margin	`GrossProfit`	$145.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$61.60M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$20.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$19.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$58.50M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$31.20M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$101.50M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$31.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$92.30M	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.70M	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$2.70M	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$4.80M	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$4.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$165.80M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$56.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$53.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$155.60M	USD	3 Qtrs
Operating (loss) earnings	`OperatingIncomeLoss`	$29.50M	USD	3 Qtrs
Operating (loss) earnings	`OperatingIncomeLoss`	$-20.80M	USD	3 Qtrs
Operating (loss) earnings	`OperatingIncomeLoss`	$4.60M	USD	1 Quarter
Operating (loss) earnings	`OperatingIncomeLoss`	$-26.80M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$15.70M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.90M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.50M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.10M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.60M	USD	3 Qtrs
Interest and other expense, net	`NonoperatingIncomeExpense`	$-13.00M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-5.20M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-18.20M	USD	3 Qtrs
Interest and other expense, net	`NonoperatingIncomeExpense`	$-21.30M	USD	3 Qtrs
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.10M	USD	3 Qtrs
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.30M	USD	3 Qtrs
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-39.80M	USD	1 Quarter
(Loss) earnings before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-600.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-11.60M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-10.90M	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$3.70M	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$700.00K	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$-28.20M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$-1.30M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$7.60M	USD	3 Qtrs
Net (loss) earnings	`ProfitLoss`	$-31.20M	USD	3 Qtrs
Less: Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$300.00K	USD	3 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`	$200.00K	USD	3 Qtrs
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$-28.30M	USD	1 Quarter
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$-1.40M	USD	1 Quarter
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$7.40M	USD	3 Qtrs
Net (loss) earnings attributable to Varex	`NetIncomeLoss`	$-31.50M	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.19	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.81	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.73	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.19	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.73	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.81	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.20M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.70M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.70M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.40M	shares	3 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`ProfitLoss`	$-1.30M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$7.60M	USD	3 Qtrs
Net (loss) earnings	`ProfitLoss`	$-31.20M	USD	3 Qtrs
Net (loss) earnings	`ProfitLoss`	$-28.20M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$10.20M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.70M	USD	3 Qtrs
Depreciation	`Depreciation`	$17.30M	USD	3 Qtrs
Depreciation	`Depreciation`	$18.70M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.20M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$13.10M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.40M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.60M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.70M	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-700.00K	USD	3 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-1.60M	USD	3 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$2.30M	USD	3 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$1.80M	USD	3 Qtrs
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$5.40M	USD	3 Qtrs
Impairment of intangible assets	`GoodwillAndIntangibleAssetImpairment`	$4.80M	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	$3.10M	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	$15.80M	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	$15.80M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-700.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-31.60M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-25.10M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$50.10M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$26.20M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.70M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.70M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.30M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$21.70M	USD	3 Qtrs
Accrued liabilities and other current and long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-500.00K	USD	3 Qtrs
Accrued liabilities and other current and long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$11.00M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.10M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.00M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.30M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.50M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$69.50M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.20M	USD	3 Qtrs
Investments in privately-held companies	`PaymentsToAcquireInterestInJointVenture`	$2.50M	USD	3 Qtrs
Investments in privately-held companies	`PaymentsToAcquireInterestInJointVenture`	$3.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.20M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.40M	USD	3 Qtrs
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$91.70M	USD	3 Qtrs
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$79.00M	USD	3 Qtrs
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$65.70M	USD	3 Qtrs
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$218.00M	USD	3 Qtrs
Proceeds from issuance of convertible debt	`ProceedsFromConvertibleDebt`	$200.00M	USD	3 Qtrs
Proceeds from issuance of convertible debt	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from issuance of warrants	`ProceedsFromIssuanceOfWarrants`	$49.80M	USD	3 Qtrs
Proceeds from issuance of warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	3 Qtrs
Purchases of hedges	`PaymentsForHedgeFinancingActivities`	$61.00M	USD	3 Qtrs
Purchases of hedges	`PaymentsForHedgeFinancingActivities`	-	USD	3 Qtrs
Purchases of hedges	`PaymentsForHedgeFinancingActivities`	$61.00M	USD	Point-in-time
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.50M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$500.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$200.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.50M	USD	3 Qtrs
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$3.60M	USD	3 Qtrs
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$3.80M	USD	3 Qtrs
Taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.10M	USD	3 Qtrs
Taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.80M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-600.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$56.70M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.70M	USD	3 Qtrs
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.00M	USD	3 Qtrs
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-700.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$57.50M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-23.40M	USD	3 Qtrs
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`	$88.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.00M	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`	$30.00M	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`	$88.80M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$11.60M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$13.70M	USD	3 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$6.80M	USD	3 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$3.80M	USD	3 Qtrs
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$1.10M	USD	3 Qtrs
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$200.00K	USD	3 Qtrs

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	39.06M	shares	Point-in-time
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$470.30M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$435.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$437.70M	USD	Point-in-time
Net (loss) earnings	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-31.60M	USD	3 Qtrs
Net (loss) earnings	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-1.40M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$7.20M	USD	3 Qtrs
Net (loss) earnings	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-28.30M	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	64,000.00	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.50M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	3 Qtrs
Common stock issued upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	3 Qtrs
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.80M	USD	3 Qtrs
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.10M	USD	3 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.90M	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.80M	USD	3 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.80M	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.60M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.20M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.10M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.70M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.70M	USD	3 Qtrs
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-6.00M	USD	3 Qtrs
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$300.00K	USD	1 Quarter
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.00M	USD	3 Qtrs
Unrealized loss on interest rate swap contracts, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.30M	USD	1 Quarter
Conversion feature of Convertible Notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$46.10M	USD	1 Quarter
Conversion feature of Convertible Notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$46.10M	USD	3 Qtrs
Purchase of hedges	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfBondHedges`	$61.00M	USD	1 Quarter
Purchase of hedges	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfBondHedges`	$61.00M	USD	3 Qtrs
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$49.80M	USD	1 Quarter
Issuance of warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$49.80M	USD	3 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-600.00K	USD	3 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$200.00K	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$200.00K	USD	3 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$3.70M	USD	1 Quarter
Shares issued to settle deferred consideration	`StockIssuedDuringPeriodValueIssuedForServices`	$7.40M	USD	3 Qtrs
Shares issued to settle deferred consideration	`StockIssuedDuringPeriodValueIssuedForServices`	$7.40M	USD	1 Quarter
Other	`StockholdersEquityOther`	$400.00K	USD	3 Qtrs
Other	`StockholdersEquityOther`	$100.00K	USD	1 Quarter
Noncontrolling interest acquired / consolidated	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$1.40M	USD	1 Quarter
Noncontrolling interest acquired / consolidated	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$1.40M	USD	3 Qtrs
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	39.06M	shares	Point-in-time
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$435.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$470.30M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$428.30M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$437.70M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`ProfitLoss`	$-1.30M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$7.60M	USD	3 Qtrs
Net (loss) earnings	`ProfitLoss`	$-31.20M	USD	3 Qtrs
Net (loss) earnings	`ProfitLoss`	$-28.20M	USD	1 Quarter
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-2.00M	USD	3 Qtrs
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-2.30M	USD	1 Quarter
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-6.00M	USD	3 Qtrs
Unrealized (loss)/gain on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$300.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-200.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-200.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$600.00K	USD	3 Qtrs
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.40M	USD	3 Qtrs
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.20M	USD	3 Qtrs
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.50M	USD	1 Quarter
Other comprehensive (loss) earnings, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	1 Quarter
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.40M	USD	3 Qtrs
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.80M	USD	1 Quarter
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-32.60M	USD	3 Qtrs
Comprehensive (loss) earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-31.60M	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	3 Qtrs
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$300.00K	USD	3 Qtrs
Less: Comprehensive earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$-31.70M	USD	1 Quarter
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$-32.90M	USD	3 Qtrs
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$1.20M	USD	3 Qtrs
Comprehensive (loss) earnings attributable to Varex	`ComprehensiveIncomeNetOfTax`	$-3.90M	USD	1 Quarter

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