10-Q Filing

VAREX IMAGING CORP CIK: 1681622 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001681622-24-000009`
Period End Date	20231231
Filing Date	20240206
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	var-20231229_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 40 Cash Flow Statement 76 Stockholders Equity 21 Comprehensive Income 10

Balance Sheet 86 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`	$600.00K	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
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`	$152.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$89.40M	USD	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 $0.6 million and $0.6 million at December 29, 2023 and September 29, 2023, respectively	`AccountsReceivableNetCurrent`	$139.60M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $0.6 million and $0.6 million at December 29, 2023 and September 29, 2023, respectively	`AccountsReceivableNetCurrent`	$163.60M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$289.70M	USD	Point-in-time
Common stock, par value per share (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$277.50M	USD	Point-in-time
Common stock, par value per share (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$75.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$64.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$645.70M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	40.53M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$658.30M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	40.62M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	40.62M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$148.30M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$143.60M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	40.53M	shares	Point-in-time
Goodwill	`Goodwill`	$290.40M	USD	Point-in-time
Goodwill	`Goodwill`	$288.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$22.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$22.10M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$28.30M	USD	Point-in-time
Investments in privately-held companies	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$29.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$41.30M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$42.00M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$29.00M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$28.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$37.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$37.10M	USD	Point-in-time
Total assets	`Assets`	$1.24B	USD	Point-in-time
Total assets	`Assets`	$1.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$64.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$73.70M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$61.60M	USD	Point-in-time
Accrued liabilities and other current liabilities	`AccruedLiabilitiesCurrent`	$82.60M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.80M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.80M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.50M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.60M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$9.40M	USD	Point-in-time
Deferred revenues	`ContractWithCustomerLiabilityCurrent`	$10.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$162.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$150.10M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$441.40M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$441.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$23.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$22.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$44.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$41.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$659.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$668.60M	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: 40,618,590 and 40,529,573 at December 29, 2023 and September 29, 2023, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Common stock, $.01 par value: 150,000,000 shares authorized Shares issued and outstanding: 40,618,590 and 40,529,573 at December 29, 2023 and September 29, 2023, respectively	`CommonStockValueOutstanding`	$400.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$450.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$453.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$118.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$117.50M	USD	Point-in-time
Total Varex stockholders' equity	`StockholdersEquity`	$568.90M	USD	Point-in-time
Total Varex stockholders' equity	`StockholdersEquity`	$567.70M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.10M	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`	$13.30M	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`	$583.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$581.00M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.25B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.24B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$190.00M	USD	1 Quarter
Revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$205.60M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$132.90M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$142.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$57.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$63.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$20.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$20.50M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$30.30M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$32.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$50.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$52.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.20M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.90M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$500.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.50M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-600.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$600.00K	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-4.80M	USD	1 Quarter
Interest and other expense, net	`NonoperatingIncomeExpense`	$-7.60M	USD	1 Quarter
(Loss) income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.40M	USD	1 Quarter
(Loss) income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-600.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-200.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$2.20M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-400.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Net (loss) income attributable to Varex	`NetIncomeLoss`	$-500.00K	USD	1 Quarter
Net (loss) income attributable to Varex	`NetIncomeLoss`	$3.10M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.60M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-400.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.30M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.70M	USD	1 Quarter
Depreciation	`Depreciation`	$5.10M	USD	1 Quarter
Depreciation	`Depreciation`	$4.60M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.60M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefitCashImpact`	$-200.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefitCashImpact`	$-800.00K	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$1.30M	USD	1 Quarter
Income from equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$400.00K	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfDeferredLoanOriginationFeesNet`	$-600.00K	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfDeferredLoanOriginationFeesNet`	$-700.00K	USD	1 Quarter
Gain on purchase of business	`GainOnPurchaseOfBusinessIncludingRemeasurmentGainLoss`	$2.10M	USD	1 Quarter
Gain on purchase of business	`GainOnPurchaseOfBusinessIncludingRemeasurmentGainLoss`	-	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$900.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$2.00M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$500.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-25.30M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$13.20M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$18.80M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.20M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$400.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.00M	USD	1 Quarter
Accrued liabilities and other current and long-term liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-22.00M	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`	$-800.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.70M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.30M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.50M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.40M	USD	1 Quarter
Loss on settlement of cash flow hedge	`GainLossOnSettlementOfHedgeInvestingActivities`	-	USD	1 Quarter
Loss on settlement of cash flow hedge	`GainLossOnSettlementOfHedgeInvestingActivities`	$300.00K	USD	1 Quarter
Proceeds from maturities of marketable debt securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$4.00M	USD	1 Quarter
Proceeds from maturities of marketable debt securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$14.20M	USD	1 Quarter
Purchase of marketable debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$6.30M	USD	1 Quarter
Purchase of marketable debt securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$24.50M	USD	1 Quarter
Purchase of marketable equity securities	`PaymentsToAcquireMarketableSecurities`	-	USD	1 Quarter
Purchase of marketable equity securities	`PaymentsToAcquireMarketableSecurities`	$2.70M	USD	1 Quarter
Settlement of net investment hedge	`ProceedsFromHedgeInvestingActivities`	-	USD	1 Quarter
Settlement of net investment hedge	`ProceedsFromHedgeInvestingActivities`	$7.00M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-900.00K	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$100.00K	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`	$-19.90M	USD	1 Quarter
Taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$400.00K	USD	1 Quarter
Repayments of borrowing under credit agreements	`RepaymentsOfLongTermLinesOfCredit`	$500.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$100.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-300.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-400.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.70M	USD	1 Quarter
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.30M	USD	1 Quarter
Net decrease 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`	$142.70M	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`	$154.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$90.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.70M	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`	$154.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$13.70M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$13.70M	USD	1 Quarter
Income taxes paid, net of (refunds)	`IncomeTaxesPaidNet`	$2.70M	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`	$2.00M	USD	1 Quarter
Purchases of property, plant, and equipment financed through accounts payable	`FairValueOfAssetsAcquired`	$2.50M	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
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`	$583.00M	USD	Point-in-time
Stockholders' equity, outstanding, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$581.00M	USD	Point-in-time
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	40.62M	shares	Point-in-time
Common stock, shares, outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	40.53M	shares	Point-in-time
Net (loss) income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-400.00K	USD	1 Quarter
Shares withheld on vesting of restricted stock	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.70M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.00M	USD	1 Quarter
Business acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$700.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	-	USD	1 Quarter
Other	`StockholdersEquityOther`	$100.00K	USD	1 Quarter
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`	$583.00M	USD	Point-in-time
Stockholders' equity, outstanding, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$581.00M	USD	Point-in-time
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	40.62M	shares	Point-in-time
Common stock, shares, outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	40.53M	shares	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$3.20M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-400.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.40M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.20M	USD	1 Quarter
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 (loss) income attributable to Varex	`ComprehensiveIncomeNetOfTax`	$3.10M	USD	1 Quarter
Comprehensive (loss) income attributable to Varex	`ComprehensiveIncomeNetOfTax`	$-1.50M	USD	1 Quarter

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