2014 Q3 Form 10-Q Financial Statement

#000093755614000138 Filed on October 29, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q4 2013 Q3
Revenue $144.1M $142.4M $131.4M
YoY Change 9.64% 7.77% 10.4%
Cost Of Revenue $47.89M $51.90M $43.97M
YoY Change 8.93% 15.33% 7.93%
Gross Profit $96.22M $90.54M $87.48M
YoY Change 10.0% 3.85% 11.68%
Gross Profit Margin 66.77% 63.56% 66.55%
Selling, General & Admin $62.06M $55.90M $53.09M
YoY Change 16.9% 8.33% 10.01%
% of Gross Profit 64.5% 61.74% 60.69%
Research & Development $14.21M $13.90M $13.65M
YoY Change 4.16% 4.51% 12.58%
% of Gross Profit 14.77% 15.35% 15.6%
Depreciation & Amortization $3.400M $2.900M $2.900M
YoY Change 17.24% 0.0% 16.0%
% of Gross Profit 3.53% 3.2% 3.32%
Operating Expenses $73.96M $69.90M $66.74M
YoY Change 10.82% 7.7% 10.52%
Operating Profit $22.27M $12.65M $20.74M
YoY Change 7.35% -43.19% 15.55%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$566.0K -$800.0K -$676.0K
YoY Change -16.27% -38.46% -174.12%
Pretax Income $21.70M $11.90M $20.07M
YoY Change 8.15% -43.33% 6.38%
Income Tax $5.568M $2.700M $4.581M
% Of Pretax Income 25.66% 22.69% 22.83%
Net Earnings $14.86M $9.313M $15.60M
YoY Change -4.74% -37.94% 13.11%
Net Earnings / Revenue 10.31% 6.54% 11.87%
Basic Earnings Per Share $0.28 $0.16 $0.28
Diluted Earnings Per Share $0.27 $0.16 $0.27
COMMON SHARES
Basic Shares Outstanding 53.99M shares 56.50M shares
Diluted Shares Outstanding 54.62M shares 57.40M shares

Balance Sheet

Concept 2014 Q3 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $119.0M $95.50M $91.70M
YoY Change 29.77% 33.38% -18.85%
Cash & Equivalents $119.0M $95.47M $91.72M
Short-Term Investments
Other Short-Term Assets $5.429M $19.38M $2.928M
YoY Change 85.42% 397.54% -17.61%
Inventory $62.83M $56.81M $59.46M
Prepaid Expenses $11.22M $9.243M $18.86M
Receivables $73.24M $76.76M $70.17M
Other Receivables $6.800M $7.300M $6.800M
Total Short-Term Assets $299.6M $271.8M $261.9M
YoY Change 14.39% 23.91% 0.67%
LONG-TERM ASSETS
Property, Plant & Equipment $87.62M $24.87M $24.94M
YoY Change 251.39% 3.94% 8.28%
Goodwill $21.75M $22.79M $22.96M
YoY Change -5.26% -0.14% 0.94%
Intangibles $28.19M $28.10M $28.03M
YoY Change 0.55% 2.71% 2.73%
Long-Term Investments
YoY Change
Other Assets $7.552M $6.822M $7.190M
YoY Change 5.03% -14.96% -4.27%
Total Long-Term Assets $232.8M $166.9M $165.8M
YoY Change 40.41% 7.44% 10.99%
TOTAL ASSETS
Total Short-Term Assets $299.6M $271.8M $261.9M
Total Long-Term Assets $232.8M $166.9M $165.8M
Total Assets $532.5M $438.7M $427.8M
YoY Change 24.48% 17.08% 4.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.99M $28.00M $38.13M
YoY Change -23.98% 3.59% 46.53%
Accrued Expenses $31.51M $23.03M $15.94M
YoY Change 97.62% 38.32% -3.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $125.1M $100.0K $100.0K
YoY Change 125000.0% 0.0% 0.0%
Total Short-Term Liabilities $240.2M $103.8M $103.4M
YoY Change 132.3% 15.92% 22.36%
LONG-TERM LIABILITIES
Long-Term Debt $100.0K $200.0K $200.0K
YoY Change -50.0% 100.0% 100.0%
Other Long-Term Liabilities $7.544M $7.680M $9.683M
YoY Change -22.09% -12.91% -3.84%
Total Long-Term Liabilities $7.544M $7.680M $9.683M
YoY Change -22.09% -12.91% -3.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $240.2M $103.8M $103.4M
Total Long-Term Liabilities $7.544M $7.680M $9.683M
Total Liabilities $248.4M $112.3M $113.9M
YoY Change 118.11% 13.4% 19.43%
SHAREHOLDERS EQUITY
Retained Earnings $184.0M $132.7M $123.4M
YoY Change 49.11% 78.51% 5.83%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $185.3M $83.45M $83.45M
YoY Change 122.07% 31.09% 31.09%
Treasury Stock Shares 8.583M shares 4.156M shares 4.156M shares
Shareholders Equity $282.9M $326.5M $313.8M
YoY Change
Total Liabilities & Shareholders Equity $532.5M $438.7M $427.8M
YoY Change 24.48% 17.08% 4.43%

Cashflow Statement

Concept 2014 Q3 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income $14.86M $9.313M $15.60M
YoY Change -4.74% -37.94% 13.11%
Depreciation, Depletion And Amortization $3.400M $2.900M $2.900M
YoY Change 17.24% 0.0% 16.0%
Cash From Operating Activities $28.00M $6.100M $15.80M
YoY Change 77.22% -66.85% -38.76%
INVESTING ACTIVITIES
Capital Expenditures -$5.600M -$3.100M -$3.800M
YoY Change 47.37% -18.42% -17.39%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$5.600M -$3.100M -$3.800M
YoY Change 47.37% -18.42% -89.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 800.0K 1.000M 600.0K
YoY Change 33.33% -101.77% 20.0%
NET CHANGE
Cash From Operating Activities 28.00M 6.100M 15.80M
Cash From Investing Activities -5.600M -3.100M -3.800M
Cash From Financing Activities 800.0K 1.000M 600.0K
Net Change In Cash 23.20M 4.000M 12.60M
YoY Change 84.13% -109.52% -246.51%
FREE CASH FLOW
Cash From Operating Activities $28.00M $6.100M $15.80M
Capital Expenditures -$5.600M -$3.100M -$3.800M
Free Cash Flow $33.60M $9.200M $19.60M
YoY Change 71.43% -58.56% -35.53%

Facts In Submission

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us-gaap Fiscal Period
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:17px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Periods</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company follows a 52-53 week fiscal year that ends on the Saturday closest to December 31. A 52 week year includes four 13 fiscal week quarters, while a 53 week fiscal year includes three 13 fiscal week quarters and one 14 fiscal week quarter. The last 53 week fiscal year was fiscal year 2008. Fiscal year 2014 is a 53 week fiscal year. All references to years in these notes to condensed consolidated financial statements are fiscal years unless otherwise noted.</font></div></div>
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.014
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5710000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5750000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
23.27
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3200000 USD
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
600000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
256000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1777000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.41
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.79
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.52
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
16100000 USD
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10216000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8911000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.76
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.31
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
14600000 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
12.37
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
24.56
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
24.92
CY2013Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y6M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y29D
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y29D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
216000 shares
CY2013Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
6000000.0 shares
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
282927000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
326469000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
284103000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
326401000 USD
CY2014Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
21.95
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
23.01
CY2013Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
19.79
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4156000 shares
CY2014Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
8583000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1000000 shares
CY2013Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4400000.0 shares
CY2014Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2400000.0 shares
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
83454000 USD
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
185325000 USD
CY2013Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19800000 USD
CY2014Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
52700000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
101900000 USD
CY2014Q3 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
27000000 USD
CY2013Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
26000000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7200000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
6100000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:17px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company prepares its financial statements in conformity with GAAP, which requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include the determination of accounts receivable allowances, inventory reserves, warranty reserves, rebate accruals, valuation of the Company&#8217;s stock options, goodwill valuation, deferred taxes and any associated valuation allowances, distributor channel inventory, royalty revenues, deferred revenue, uncertain income tax positions, property taxes, litigation costs and related accruals. Actual results could differ from such estimates.</font></div><div style="line-height:120%;padding-top:17px;text-align:left;padding-left:18px;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"></font></div></div>
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57404000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56381000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57506000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54618000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56727000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53988000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56501000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55521000 shares
CY2014Q2 masi Cash Equivalents Maximum Maturity Period
CashEquivalentsMaximumMaturityPeriod
Three months or less
CY2013Q4 masi Deferred Cost Of Goods Sold
DeferredCostOfGoodsSold
61714000 USD
CY2014Q3 masi Deferred Cost Of Goods Sold
DeferredCostOfGoodsSold
65226000 USD
masi Income Tax Benefit From Exercise Of Stock Options Granted
IncomeTaxBenefitFromExerciseOfStockOptionsGranted
49000 USD
masi Income Tax Benefit From Exercise Of Stock Options Granted
IncomeTaxBenefitFromExerciseOfStockOptionsGranted
595000 USD
masi Increase Decrease In Royalties Receivable
IncreaseDecreaseInRoyaltiesReceivable
-330000 USD
masi Increase Decrease In Royalties Receivable
IncreaseDecreaseInRoyaltiesReceivable
-500000 USD
masi Initial Term Of Executive Employment Agreement
InitialTermOfExecutiveEmploymentAgreement
P3Y
masi Number Of Days After Which Royalty Report And Payment Is Received
NumberOfDaysAfterWhichRoyaltyReportAndPaymentIsReceived
P60D
CY2011Q3 masi Numberof Former Sales Representatives
NumberofFormerSalesRepresentatives
2 sales_representatives
CY2014Q1 masi Numberof Participantsinthe Surfactant Positive Pressureand Oxygenation Randomized Trial
NumberofParticipantsintheSurfactantPositivePressureandOxygenationRandomizedTrial
2 participant
masi Percentage Of Revenue One Customer
PercentageOfRevenueOneCustomer
0.13
masi Percentage Of Revenue One Customer
PercentageOfRevenueOneCustomer
0.14
CY2014Q3 masi Percentage Of Revenue One Customer
PercentageOfRevenueOneCustomer
0.14
CY2013Q3 masi Percentage Of Revenue One Customer
PercentageOfRevenueOneCustomer
0.14
CY2013Q3 masi Percentage Of Revenue Two Customer
PercentageOfRevenueTwoCustomer
0.11
CY2014Q3 masi Percentage Of Revenue Two Customer
PercentageOfRevenueTwoCustomer
0.12
masi Percentage Of Revenue Two Customer
PercentageOfRevenueTwoCustomer
0.11
masi Percentage Of Revenue Two Customer
PercentageOfRevenueTwoCustomer
0.11
masi Rate Of Royalty Agreed To Be Paid
RateOfRoyaltyAgreedToBePaid
0.0775
CY2013Q4 masi Royalties Receivables
RoyaltiesReceivables
7300000 USD
CY2013Q3 masi Royalty
Royalty
6925000 USD
masi Royalty
Royalty
21988000 USD
masi Royalty
Royalty
22086000 USD
CY2014Q3 masi Royalty
Royalty
6976000 USD
masi Royalty Rate Percentage
RoyaltyRatePercentage
0.0775
CY2014Q3 masi Royalty Receivable
RoyaltyReceivable
6800000 USD
masi Royalty Revenue Numberof Days Royalty Revenueis Adjusted Subsequentto Quarter End
RoyaltyRevenueNumberofDaysRoyaltyRevenueisAdjustedSubsequenttoQuarterEnd
P60D
CY2014Q3 masi Severance Plan Participation Agreements
SeverancePlanParticipationAgreements
6 Agreement
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-03
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-27
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000937556
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
52411582 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MASIMO CORP
dei Trading Symbol
TradingSymbol
MASI

Files In Submission

Name View Source Status
0000937556-14-000138-index-headers.html Edgar Link pending
0000937556-14-000138-index.html Edgar Link pending
0000937556-14-000138.txt Edgar Link pending
0000937556-14-000138-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
masi-20140927.xml Edgar Link completed
masi-20140927.xsd Edgar Link pending
masi-20140927x10q.htm Edgar Link pending
masi-20140927x10qex121.htm Edgar Link pending
masi-20140927x10qex311.htm Edgar Link pending
masi-20140927x10qex312.htm Edgar Link pending
masi-20140927x10qex321.htm Edgar Link pending
masi-20140927_cal.xml Edgar Link unprocessable
masi-20140927_def.xml Edgar Link unprocessable
masi-20140927_lab.xml Edgar Link unprocessable
masi-20140927_pre.xml Edgar Link unprocessable
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