10-Q Filing

VAREX IMAGING CORP CIK: 1681622 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001681622-21-000067`
Period End Date	20210331
Filing Date	20210505
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	var-20210402_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 80 Cash Flow Statement 78 Stockholders Equity 54 Comprehensive Income 28

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$300.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$800.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$111.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.90M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.20M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $0.8 million and $0.3 million at April 2, 2021 and October 2, 2020, respectively	`AccountsReceivableNetCurrent`	$123.80M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $0.8 million and $0.3 million at April 2, 2021 and October 2, 2020, respectively	`AccountsReceivableNetCurrent`	$129.10M	USD	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
Inventories	`InventoryNet`	$271.90M	USD	Point-in-time
Inventories	`InventoryNet`	$248.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$41.40M	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
Total current assets	`AssetsCurrent`	$529.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$522.00M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	39.30M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	39.06M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$145.20M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	39.06M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$142.20M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	39.30M	shares	Point-in-time
Goodwill	`Goodwill`	$293.30M	USD	Point-in-time
Goodwill	`Goodwill`	$293.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$59.20M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$67.50M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$51.30M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$49.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$500.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$27.70M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$26.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$32.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$32.20M	USD	Point-in-time
Total assets	`Assets`	$1.13B	USD	Point-in-time
Total assets	`Assets`	$1.14B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$51.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$72.90M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$70.50M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$76.60M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.20M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.10M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.90M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.50M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$8.80M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$8.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$160.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$146.30M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$452.80M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$458.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.30M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$22.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$23.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$35.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$34.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$663.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$673.70M	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 - 39,300,288 and 39,059,094 at April 2, 2021 and October 2, 2020, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Common stock, $.01 par value: 150,000,000 shares authorized, shares issued and outstanding - 39,300,288 and 39,059,094 at April 2, 2021 and October 2, 2020, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$434.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$441.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$800.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.10M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$451.70M	USD	Point-in-time
Total Varex equity	`StockholdersEquity`	$454.70M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.10M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$451.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$465.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$468.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$464.40M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.13B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.14B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$380.60M	USD	2 Qtrs
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$397.10M	USD	2 Qtrs
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$197.00M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$203.50M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$138.90M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$139.40M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$278.40M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$258.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$121.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$64.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$118.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$57.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$34.90M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$18.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$20.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$42.60M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$65.00M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$70.10M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$30.60M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$35.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$99.90M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$56.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$48.80M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$112.70M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$15.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$21.90M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$6.00M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$100.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.70M	USD	2 Qtrs
Interest expense	`InterestExpense`	$10.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$10.00M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.60M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.20M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-2.70M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-12.60M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-2.50M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-23.40M	USD	2 Qtrs
Interest and other expense, net	`NonoperatingIncomeExpense`	$-8.30M	USD	2 Qtrs
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.50M	USD	2 Qtrs
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.30M	USD	2 Qtrs
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.10M	USD	1 Quarter
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$700.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$700.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.60M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.10M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.20M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Net income (loss) attributable to Varex	`NetIncomeLoss`	$-3.20M	USD	2 Qtrs
Net income (loss) attributable to Varex	`NetIncomeLoss`	$-1.90M	USD	1 Quarter
Net income (loss) attributable to Varex	`NetIncomeLoss`	$3.10M	USD	1 Quarter
Net income (loss) attributable to Varex	`NetIncomeLoss`	$-3.30M	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.08	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.09	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.05	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.08	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.09	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.50M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.20M	shares	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.80M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$3.20M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.10M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$7.20M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$6.50M	USD	2 Qtrs
Depreciation	`Depreciation`	$11.40M	USD	2 Qtrs
Depreciation	`Depreciation`	$10.50M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.50M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.90M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.30M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$300.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$100.00K	USD	2 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-700.00K	USD	2 Qtrs
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-2.50M	USD	2 Qtrs
Amortization of debt issuance costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$1.20M	USD	2 Qtrs
Amortization of debt issuance costs and discounts	`AmortizationOfFinancingCostsAndDiscounts`	$4.90M	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	-	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	$3.50M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-200.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.70M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-20.40M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$34.20M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.10M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.90M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$21.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-19.80M	USD	2 Qtrs
Accrued liabilities and other current and long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$900.00K	USD	2 Qtrs
Accrued liabilities and other current and long-term operating liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.20M	USD	2 Qtrs
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$300.00K	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`	$19.90M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.20M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.80M	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 and loans to privately-held companies	`PaymentsToAcquireInterestInJointVenture`	$1.90M	USD	2 Qtrs
Investments and loans to privately-held companies	`PaymentsToAcquireInterestInJointVenture`	$600.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.40M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.30M	USD	2 Qtrs
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$23.50M	USD	2 Qtrs
Borrowings under credit agreements	`ProceedsFromLongTermLinesOfCredit`	$1.50M	USD	2 Qtrs
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$1.50M	USD	2 Qtrs
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$36.50M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$500.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.50M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$1.20M	USD	2 Qtrs
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$1.80M	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`	$1.50M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-700.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-100.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.10M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.00M	USD	2 Qtrs
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-200.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.50M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.70M	USD	2 Qtrs
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`	$112.60M	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`	$102.10M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.10M	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`	$25.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.60M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$4.00M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$9.20M	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$12.90M	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaid`	$6.40M	USD	2 Qtrs
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$900.00K	USD	2 Qtrs
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$400.00K	USD	2 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`	39.30M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$465.80M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$468.90M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$451.20M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$464.40M	USD	Point-in-time
Cumulative effect of accounting changes	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$464.40M	USD	Point-in-time
Cumulative effect of accounting changes	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$451.20M	USD	Point-in-time
Cumulative effect of accounting changes	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Cumulative effect of accounting changes	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Cumulative effect of accounting changes	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$465.80M	USD	Point-in-time
Cumulative effect of accounting changes	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$468.90M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-1.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.10M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-2.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-3.30M	USD	2 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	0.00	shares	2 Qtrs
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
Common stock issued upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.50M	USD	1 Quarter
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.70M	USD	1 Quarter
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.50M	USD	2 Qtrs
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.80M	USD	2 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.20M	USD	2 Qtrs
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.80M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.60M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.20M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.50M	USD	2 Qtrs
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`	$-2.30M	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$600.00K	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$700.00K	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-4.30M	USD	2 Qtrs
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-5.20M	USD	1 Quarter
Other	`StockholdersEquityOther`	$100.00K	USD	2 Qtrs
Other	`StockholdersEquityOther`	$300.00K	USD	2 Qtrs
Other	`StockholdersEquityOther`	$100.00K	USD	1 Quarter
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	39.06M	shares	Point-in-time
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	39.30M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$451.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$465.80M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.30M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$468.90M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$448.20M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$464.40M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-1.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.10M	USD	2 Qtrs
Unrealized loss on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-2.30M	USD	1 Quarter
Unrealized loss on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-2.30M	USD	2 Qtrs
Unrealized loss on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	2 Qtrs
Unrealized loss on interest rate swap contracts	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-600.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-700.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.30M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-700.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.90M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-600.00K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.70M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.50M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Varex	`ComprehensiveIncomeNetOfTax`	$-3.90M	USD	2 Qtrs
Comprehensive income (loss) attributable to Varex	`ComprehensiveIncomeNetOfTax`	$1.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Varex	`ComprehensiveIncomeNetOfTax`	$2.40M	USD	1 Quarter
Comprehensive income (loss) attributable to Varex	`ComprehensiveIncomeNetOfTax`	$-1.20M	USD	2 Qtrs

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