2024 Q1 Form 10-Q Financial Statement

#000031314324000007 Filed on February 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $343.3M $336.3M
YoY Change 13.03%
Cost Of Revenue $163.4M $158.4M
YoY Change 13.47%
Gross Profit $179.9M $177.9M
YoY Change 12.64%
Gross Profit Margin 52.39% 52.9%
Selling, General & Admin $111.8M $111.7M
YoY Change 21.23%
% of Gross Profit 62.13% 62.81%
Research & Development $15.74M $13.27M
YoY Change 58.1%
% of Gross Profit 8.75% 7.46%
Depreciation & Amortization $27.64M $14.20M
YoY Change -39.41%
% of Gross Profit 15.37% 7.98%
Operating Expenses $137.9M $131.9M
YoY Change 21.27%
Operating Profit $41.94M $45.98M
YoY Change -6.45%
Interest Expense -$6.529M -$1.949M
YoY Change -65.64%
% of Operating Profit -15.57% -4.24%
Other Income/Expense, Net -$1.949M
YoY Change 84.74%
Pretax Income $23.41M $44.03M
YoY Change 7.23%
Income Tax $3.047M $12.80M
% Of Pretax Income 13.01% 29.07%
Net Earnings $20.37M $31.24M
YoY Change -5.89%
Net Earnings / Revenue 5.93% 9.29%
Basic Earnings Per Share $0.62
Diluted Earnings Per Share $0.40 $0.61
COMMON SHARES
Basic Shares Outstanding 50.79M shares 50.74M shares
Diluted Shares Outstanding 51.45M shares

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $178.8M $194.0M
YoY Change -19.58%
Cash & Equivalents $178.8M $194.0M
Short-Term Investments
Other Short-Term Assets $66.34M $55.37M
YoY Change 14.45%
Inventory $317.2M $304.0M
Prepaid Expenses
Receivables $206.6M $211.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $768.9M $765.0M
YoY Change 6.87%
LONG-TERM ASSETS
Property, Plant & Equipment $311.4M $318.7M
YoY Change 3.52%
Goodwill $565.1M $555.0M
YoY Change 19.07%
Intangibles $406.1M $429.3M
YoY Change 50.95%
Long-Term Investments
YoY Change
Other Assets $136.4M $127.4M
YoY Change 51.9%
Total Long-Term Assets $1.427B $1.435B
YoY Change 24.89%
TOTAL ASSETS
Total Short-Term Assets $768.9M $765.0M
Total Long-Term Assets $1.427B $1.435B
Total Assets $2.196B $2.200B
YoY Change 17.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $73.36M $56.85M
YoY Change -7.55%
Accrued Expenses $80.71M $58.76M
YoY Change 31.77%
Deferred Revenue $31.24M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $10.23M $13.74M
YoY Change -76.4%
Total Short-Term Liabilities $300.4M $261.8M
YoY Change -0.16%
LONG-TERM LIABILITIES
Long-Term Debt $797.6M $856.8M
YoY Change 12.81%
Other Long-Term Liabilities $75.04M $76.26M
YoY Change -2.73%
Total Long-Term Liabilities $872.6M $933.1M
YoY Change 11.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $300.4M $261.8M
Total Long-Term Liabilities $872.6M $933.1M
Total Liabilities $1.173B $1.195B
YoY Change 5.17%
SHAREHOLDERS EQUITY
Retained Earnings $360.5M $340.1M
YoY Change 51.98%
Common Stock $635.1M $627.6M
YoY Change 6.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $960.0M $943.3M
YoY Change
Total Liabilities & Shareholders Equity $2.196B $2.200B
YoY Change 17.98%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income $20.37M $31.24M
YoY Change -5.89%
Depreciation, Depletion And Amortization $27.64M $14.20M
YoY Change -39.41%
Cash From Operating Activities $64.08M -$530.0K
YoY Change -100.61%
INVESTING ACTIVITIES
Capital Expenditures $9.685M $22.31M
YoY Change -162.05%
Acquisitions
YoY Change
Other Investing Activities -$3.371M -$246.6M
YoY Change -5144.43%
Cash From Investing Activities -$13.06M -$268.9M
YoY Change 765.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -63.50M 109.5M
YoY Change -526.14%
NET CHANGE
Cash From Operating Activities 64.08M -530.0K
Cash From Investing Activities -13.06M -268.9M
Cash From Financing Activities -63.50M 109.5M
Net Change In Cash -12.48M -160.0M
YoY Change -628.33%
FREE CASH FLOW
Cash From Operating Activities $64.08M -$530.0K
Capital Expenditures $9.685M $22.31M
Free Cash Flow $54.40M -$22.84M
YoY Change -118.57%

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CY2023Q4 hae Accounts Receivable Allowance For Credit Loss Recovery Writeoff
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CY2022Q4 hae Net Revenues By Business Unit Before Foreign Exchange Impact
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CY2023Q4 hae Operating Expenses Transaction Costs
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4869000 usd
CY2022Q4 hae Operating Expenses Transaction Costs
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CY2023Q4 us-gaap Restructuring Costs
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CY2023Q4 hae Restructuring Related Costs
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CY2023Q4 hae Digital Transformation Costs
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CY2023Q4 hae Impairment Of Assets And Pcs2 Related Charges Credits
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us-gaap Operating Income Loss
OperatingIncomeLoss
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RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
true

Files In Submission

Name View Source Status
hae-20231230_cal.xml Edgar Link unprocessable
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