10-Q Filing

VAREX IMAGING CORP CIK: 1681622 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001681622-23-000013`
Period End Date	20221231
Filing Date	20230131
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	var-20221230_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 40 Cash Flow Statement 81 Stockholders Equity 21 Comprehensive Income 10

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$600.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$400.00K	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$81.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$89.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.60M	USD	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
Accounts receivable, net of allowance for credit losses of $0.4 million and $0.6 million at December 30, 2022 and September 30, 2022, respectively	`AccountsReceivableNetCurrent`	$157.90M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $0.4 million and $0.6 million at December 30, 2022 and September 30, 2022, respectively	`AccountsReceivableNetCurrent`	$173.30M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$303.20M	USD	Point-in-time
Common stock, par value per share (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$320.30M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$47.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$44.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	40.09M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$607.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$609.90M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	40.09M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	40.09M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$142.90M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$141.30M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	40.09M	shares	Point-in-time
Goodwill	`Goodwill`	$284.50M	USD	Point-in-time
Goodwill	`Goodwill`	$288.20M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$33.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$31.70M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$46.40M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$47.80M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.90M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$2.30M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$23.20M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$22.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$39.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$43.20M	USD	Point-in-time
Total assets	`Assets`	$1.18B	USD	Point-in-time
Total assets	`Assets`	$1.18B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.20M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$56.00M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$81.40M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.90M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$4.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.10M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$2.10M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$9.20M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$7.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$173.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$157.40M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$440.80M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$412.30M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$500.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$18.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$17.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$39.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$33.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$637.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$655.90M	USD	Point-in-time
Preferred stock, $.01 par value: 20,000,000 shares authorized, none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $.01 par value: 20,000,000 shares authorized, none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $.01 par value: 150,000,000 shares authorized Shares issued and outstanding: 40,087,100 and 40,085,126 at December 30, 2022 and September 30, 2022, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Common stock, $.01 par value: 150,000,000 shares authorized Shares issued and outstanding: 40,087,100 and 40,085,126 at December 30, 2022 and September 30, 2022, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$469.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$437.90M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$100.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$100.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$63.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$73.30M	USD	Point-in-time
Total Varex stockholders' equity	`StockholdersEquity`	$533.40M	USD	Point-in-time
Total Varex stockholders' equity	`StockholdersEquity`	$511.70M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$13.30M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$13.30M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$13.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$13.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$506.10M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$546.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$496.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.18B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.18B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.80M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$205.60M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$142.30M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$134.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$64.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$63.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$20.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$17.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$33.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$30.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$50.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$50.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$500.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$9.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.50M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-600.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-800.00K	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-10.70M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-7.60M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.30M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.40M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.70M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.20M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net income	`ProfitLoss`	$1.60M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Net income attributable to Varex	`NetIncomeLoss`	$1.40M	USD	1 Quarter
Net income attributable to Varex	`NetIncomeLoss`	$3.10M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.60M	shares	1 Quarter

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net income	`ProfitLoss`	$1.60M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.30M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.40M	USD	1 Quarter
Depreciation	`Depreciation`	$4.60M	USD	1 Quarter
Depreciation	`Depreciation`	$4.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.80M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$200.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-200.00K	USD	1 Quarter
(Income) loss from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-500.00K	USD	1 Quarter
(Income) loss from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$1.30M	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfDeferredLoanOriginationFeesNet`	$-600.00K	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfDeferredLoanOriginationFeesNet`	$-2.60M	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$400.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$2.00M	USD	1 Quarter
Loss on operating lease abandonment	`GainLossOnTerminationOfLease`	$-1.90M	USD	Annual
Loss on operating lease abandonment	`GainLossOnTerminationOfLease`	-	USD	1 Quarter
Loss on operating lease abandonment	`GainLossOnTerminationOfLease`	$-1.90M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.10M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-28.40M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$18.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$23.80M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.40M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$400.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.50M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.00M	USD	1 Quarter
Accrued liabilities and other current and long-term liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-30.50M	USD	1 Quarter
Accrued liabilities and other current and long-term liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-25.40M	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$1.70M	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInContractWithCustomerLiability`	$-500.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.80M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.70M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.10M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.50M	USD	1 Quarter
Loss on settlement of cash flow hedge	`GainLossOnSettlementOfHedgeInvestingActivities`	$300.00K	USD	1 Quarter
Loss on settlement of cash flow hedge	`GainLossOnSettlementOfHedgeInvestingActivities`	-	USD	1 Quarter
Proceeds from maturities of marketable debt securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$4.00M	USD	1 Quarter
Proceeds from maturities of marketable debt securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	1 Quarter
Purchase of marketable debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Purchase of marketable debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$6.30M	USD	1 Quarter
Purchase of marketable equity securities	`PaymentsToAcquireMarketableSecurities`	$2.70M	USD	1 Quarter
Purchase of marketable equity securities	`PaymentsToAcquireMarketableSecurities`	-	USD	1 Quarter
Settlement of net investment hedge	`ProceedsFromHedgeInvestingActivities`	$7.00M	USD	1 Quarter
Settlement of net investment hedge	`ProceedsFromHedgeInvestingActivities`	-	USD	1 Quarter
Proceeds from sales of business and assets	`ProceedsFromSalesOfBusinessAndAssets`	$1.70M	USD	1 Quarter
Proceeds from sales of business and assets	`ProceedsFromSalesOfBusinessAndAssets`	-	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$200.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-100.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.70M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.60M	USD	1 Quarter
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$500.00K	USD	1 Quarter
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$300.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.50M	USD	1 Quarter
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	-	USD	1 Quarter
Proceeds from shares issued under employee stock purchase plan	`ProceedsFromStockPlans`	$1.70M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$100.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$100.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-400.00K	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-100.00K	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$13.10M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.80M	USD	1 Quarter
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.10M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.20M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.20M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.10M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.60M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.80M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$13.70M	USD	1 Quarter
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$400.00K	USD	1 Quarter
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$4.50M	USD	1 Quarter
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$800.00K	USD	1 Quarter
Purchases of property, plant and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$2.00M	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	40.09M	shares	Point-in-time
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	40.09M	shares	Point-in-time
Stockholders' equity, outstanding, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.00M	USD	Point-in-time
Stockholders' equity, outstanding, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$546.70M	USD	Point-in-time
Stockholders' equity, outstanding, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$506.10M	USD	Point-in-time
Stockholders' equity, outstanding, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$496.50M	USD	Point-in-time
Net income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net income	`ProfitLoss`	$1.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.50M	USD	1 Quarter
Common stock issued under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.70M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$500.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$100.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$100.00K	USD	1 Quarter
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	40.09M	shares	Point-in-time
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	40.09M	shares	Point-in-time
Stockholders' equity, outstanding, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.00M	USD	Point-in-time
Stockholders' equity, outstanding, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$546.70M	USD	Point-in-time
Stockholders' equity, outstanding, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$506.10M	USD	Point-in-time
Stockholders' equity, outstanding, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$496.50M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net income	`ProfitLoss`	$1.60M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-500.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.20M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	1 Quarter
Comprehensive income attributable to Varex	`ComprehensiveIncomeNetOfTax`	$3.10M	USD	1 Quarter
Comprehensive income attributable to Varex	`ComprehensiveIncomeNetOfTax`	$900.00K	USD	1 Quarter

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