$MASI
MASIMO CORP

2011 Q4 Form 10-K Financial Statement

#000119312513061008 Filed on February 15, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2011 Q2
Revenue $112.3M $109.6M $113.0M
YoY Change 11.23% 9.46% 14.41%
Cost Of Revenue $35.60M $34.30M $36.20M
YoY Change 21.09% 15.1% 23.97%
Gross Profit $73.61M $75.25M $76.83M
YoY Change 2.81% 7.04% 10.55%
Gross Profit Margin 65.53% 68.68% 67.97%
Selling, General & Admin $40.13M $43.70M $41.50M
YoY Change 1.61% 6.59% -15.82%
% of Gross Profit 54.52% 58.07% 54.01%
Research & Development $9.372M $9.400M $10.00M
YoY Change 1.87% 3.3% 6.38%
% of Gross Profit 12.73% 12.49% 13.02%
Depreciation & Amortization $1.800M $1.800M $2.000M
YoY Change 12.5% 12.5% 25.0%
% of Gross Profit 2.45% 2.39% 2.6%
Operating Expenses $49.51M $53.10M $51.50M
YoY Change 1.45% 5.99% -12.41%
Operating Profit $20.06M $22.13M $25.39M
YoY Change -12.0% 9.56% 137.28%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$240.0K $500.0K $200.0K
YoY Change -120.0% 66.67% -166.67%
Pretax Income $18.69M $22.70M $25.60M
YoY Change -22.44% 6.57% -36.63%
Income Tax $3.869M $5.800M $7.400M
% Of Pretax Income 20.7% 25.55% 28.91%
Net Earnings $13.82M $17.04M $18.01M
YoY Change -15.73% 19.15% -32.54%
Net Earnings / Revenue 12.3% 15.55% 15.93%
Basic Earnings Per Share $0.23 $0.28 $0.30
Diluted Earnings Per Share $0.23 $0.28 $0.30
COMMON SHARES
Basic Shares Outstanding 59.97M shares 59.84M 59.60M
Diluted Shares Outstanding 61.09M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $143.2M $125.7M $105.6M
YoY Change 14.19% 13.24% -5.8%
Cash & Equivalents $129.9M $125.7M $105.6M
Short-Term Investments
Other Short-Term Assets $2.008M $24.40M $20.40M
YoY Change -89.03% 41.86% 18.6%
Inventory $45.94M $45.00M $42.20M
Prepaid Expenses $6.424M
Receivables $57.01M $52.00M $51.90M
Other Receivables $6.800M $7.300M $11.80M
Total Short-Term Assets $262.9M $254.3M $231.8M
YoY Change 6.06% 12.57% 4.84%
LONG-TERM ASSETS
Property, Plant & Equipment $15.24M $15.10M $15.20M
YoY Change 10.43% 15.27% 23.58%
Goodwill $448.0K
YoY Change
Intangibles $11.39M
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.644M $71.90M $70.50M
YoY Change -86.05% 39.34% 46.57%
Total Long-Term Assets $103.2M $97.40M $96.20M
YoY Change 30.59% 30.21% 37.04%
TOTAL ASSETS
Total Short-Term Assets $262.9M $254.3M $231.8M
Total Long-Term Assets $103.2M $97.40M $96.20M
Total Assets $366.1M $351.7M $328.0M
YoY Change 11.99% 16.96% 12.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.30M $20.10M $17.80M
YoY Change 14.23% -7.8% -14.83%
Accrued Expenses $12.30M $25.50M $24.10M
YoY Change -59.42% 0.39% -2.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Total Short-Term Liabilities $75.95M $62.30M $63.10M
YoY Change 8.66% -2.35% -14.03%
LONG-TERM LIABILITIES
Long-Term Debt $100.0K $100.0K $100.0K
YoY Change 0.0% 0.0% -50.0%
Other Long-Term Liabilities $9.427M $10.30M $10.10M
YoY Change -0.77% 4.04% 9.78%
Total Long-Term Liabilities $9.427M $10.40M $10.20M
YoY Change -1.8% 4.0% 8.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.95M $62.30M $63.10M
Total Long-Term Liabilities $9.427M $10.40M $10.20M
Total Liabilities $86.44M $75.10M $75.90M
YoY Change 6.32% -0.4% -8.77%
SHAREHOLDERS EQUITY
Retained Earnings $69.36M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $37.40M
YoY Change
Treasury Stock Shares 2.001M shares
Shareholders Equity $276.8M $276.7M $252.1M
YoY Change
Total Liabilities & Shareholders Equity $366.1M $351.7M $328.0M
YoY Change 11.99% 16.96% 12.6%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income $13.82M $17.04M $18.01M
YoY Change -15.73% 19.15% -32.54%
Depreciation, Depletion And Amortization $1.800M $1.800M $2.000M
YoY Change 12.5% 12.5% 25.0%
Cash From Operating Activities $19.30M $18.60M $16.20M
YoY Change 21.38% 933.33% -55.12%
INVESTING ACTIVITIES
Capital Expenditures -$2.200M -$1.700M -$1.300M
YoY Change -12.0% -37.04% -38.1%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$2.200M -$1.700M -$1.300M
YoY Change -8.33% -102.32% -93.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 400.0K 2.800M 2.400M
YoY Change -20.0% -660.0% -102.17%
NET CHANGE
Cash From Operating Activities 19.30M 18.60M 16.20M
Cash From Investing Activities -2.200M -1.700M -1.300M
Cash From Financing Activities 400.0K 2.800M 2.400M
Net Change In Cash 17.50M 19.70M 17.30M
YoY Change 25.0% -73.56% -118.06%
FREE CASH FLOW
Cash From Operating Activities $19.30M $18.60M $16.20M
Capital Expenditures -$2.200M -$1.700M -$1.300M
Free Cash Flow $21.50M $20.30M $17.50M
YoY Change 16.85% 351.11% -54.19%

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<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>1. Description of the Company</b></font></p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Masimo Corporation, or the Company, is a global medical technology company that develops, manufactures, and markets noninvasive patient monitoring products. The Company&#x2019;s mission is to improve patient outcomes and reduce cost of care by taking noninvasive monitoring to new sites and applications. The Company invented Masimo Signal Extraction Technology, or Masimo SET<font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">&#xAE;</sup></font>, which provides the capabilities of Measure-Through Motion and Low Perfusion pulse oximetry to address the primary limitations of conventional pulse oximetry. The Company has also developed Masimo rainbow<font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">&#xAE;</sup></font> SET products which monitor multiple blood measurements, including oxygen content, carboxyhemoglobin, methemoglobin and hemoglobin. Additional rainbow<font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">&#xAE;</sup></font> SET measurements that assist clinicians are Pleth Variability Index, respiration rate, Halo Index</font><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">TM</sup></font> <font style="FONT-FAMILY: Times New Roman" size="2">and In Vivo Adjustment</font><font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">TM</sup></font><font style="FONT-FAMILY: Times New Roman" size="2">. The Company develops, manufactures and markets a family of patient monitoring solutions which incorporate a monitor or circuit board and sensors, including proprietary single-patient use, reusable and resposable sensors, and cables. The Company considers the pulse oximetry device (monitor or circuit board), its sensors and cables and software fees to be products as defined in its consolidated statements of comprehensive income. The Company sells to hospitals and the alternate care market through its direct sales force and distributors, and markets its circuit boards containing the Company&#x2019;s proprietary algorithm and software architecture to original equipment manufacturer, or OEM, partners.</font></p> </div>
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CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
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CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2012 us-gaap Increase Decrease In Deferred Charges
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CY2012 us-gaap Gross Profit
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CY2012 us-gaap Comprehensive Income Net Of Tax
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CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
563000
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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566000
CY2012 us-gaap Current Federal Tax Expense Benefit
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CY2012 us-gaap Advertising Expense
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CY2012 us-gaap Operating Expenses
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CY2012 us-gaap Revenues
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CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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47000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.013 pure
CY2012 us-gaap Tax Benefit From Stock Options Exercised1
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CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2012 us-gaap Selling General And Administrative Expense
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CY2012 us-gaap Income Tax Expense Benefit
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CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2012 us-gaap Payments Of Dividends
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CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2012 us-gaap Depreciation
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CY2012 us-gaap Lease And Rental Expense
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CY2012 us-gaap Capital Lease Obligations Incurred
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CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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CY2012 masi Final Expiration Date Of Right
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2017-11-08
CY2012 masi Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term Price Below Market Value
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CY2012 masi Product Life Estimate
ProductLifeEstimate
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CY2012 masi Number Of Days After Which Royalty Report And Payment Is Received
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CY2012 masi Investment Tax Credit Expiration Date
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CY2012 masi Initial Term Of Executive Employment Agreement
InitialTermOfExecutiveEmploymentAgreement
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CY2012 masi Deferred Income Tax Expense Benefit Change In Valuation Allowance
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CY2012 masi Deferred Income Tax Expense Benefit Deferred Revenue
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CY2012 masi Deferred Income Tax Expense Benefit Net Operating Losses
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CY2012 masi Deferred Income Tax Expense Benefit Property And Equipment
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CY2012 masi Deferred Income Tax Expense Benefit State Taxes And Other
DeferredIncomeTaxExpenseBenefitStateTaxesAndOther
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CY2012 masi Deferred Income Tax Expense Benefit Tax Credits
DeferredIncomeTaxExpenseBenefitTaxCredits
-853000
CY2012 masi Income Tax Benefit From Exercise Of Stock Options Granted
IncomeTaxBenefitFromExerciseOfStockOptionsGranted
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CY2012 masi Indefinitely Carryforward Research And Development Credits
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CY2012 masi Increase Decrease In Royalties Receivable
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28000
CY2012 masi Product Revenue
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464928000
CY2012 masi Royalty
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CY2012 masi Tax And Accrued Interest Related To Uncertain Tax Positions Increase Decrease
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CY2012 masi Write Off Of Uncollectible Accounts
WriteOffOfUncollectibleAccounts
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CY2012 masi Statutory Regular Federal Income Tax Rate
StatutoryRegularFederalIncomeTaxRate
0.350 pure
CY2012 masi Royalty Rate Percentage
RoyaltyRatePercentage
0.0775 pure
CY2012 masi Rate Of Royalty Agreed To Be Paid
RateOfRoyaltyAgreedToBePaid
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CY2012 masi Percentage Of Executive Officers Unvested And Outstanding Stock Options
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0.50 pure
CY2012 masi Percentage Of Product Revenue Based On Geographic Area By Destination
PercentageOfProductRevenueBasedOnGeographicAreaByDestination
1.00 pure
CY2012 masi Percentage Of Shares Outstanding
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0.03 pure
CY2012 masi Preferred Stock Voting Rights Per Share
PreferredStockVotingRightsPerShare
1000
CY2012 masi Dividends Declared For Outstanding Common Stock
DividendsDeclaredForOutstandingCommonStock
One preferred stock purchase right
CY2012 masi Treasury Stock Acquired Value
TreasuryStockAcquiredValue
26300000
CY2012 masi Percentage Of Accounts Receivable Balance From Two Just In Time Distributor
PercentageOfAccountsReceivableBalanceFromTwoJustInTimeDistributor
0.07 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
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0.012 pure
CY2011 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
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1586000 shares
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1358000
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6584000
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
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1729000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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16816000
CY2011 us-gaap Proceeds From Stock Options Exercised
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10239000
CY2011 us-gaap Increase Decrease In Other Operating Assets
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CY2011 us-gaap Profit Loss
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CY2011 us-gaap Net Cash Provided By Used In Investing Activities
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CY2011 us-gaap Income Taxes Paid
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CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2011 us-gaap Research And Development Expense
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CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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0.414 pure
CY2011 us-gaap Product Warranty Accrual Period Increase Decrease
ProductWarrantyAccrualPeriodIncreaseDecrease
2355000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
90753000
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58769000 shares
CY2011 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.005 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.318 pure
CY2011 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3012000
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10905000
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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862000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
107569000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
35100000
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.002 pure
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
26.20
CY2011 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
108000
CY2011 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
44800000
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1840000 shares
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2011 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
743000
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2962000
CY2011 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1937000
CY2011 us-gaap Operating Income Loss
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CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4400000
CY2011 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12265000
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
27.93
CY2011 us-gaap Inventory Write Down
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619000
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14088000
CY2011 us-gaap Cost Of Goods Sold
CostOfGoodsSold
119825000
CY2011 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
60000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2011 us-gaap Net Income Loss
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CY2011 us-gaap Nonoperating Income Expense
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1348000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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CY2011 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
5558000
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
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CY2011 us-gaap Earnings Per Share Diluted
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1.21
CY2011 us-gaap Common Stock Dividends Per Share Declared
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
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CY2011 us-gaap Increase Decrease In Employee Related Liabilities
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3219000
CY2011 us-gaap Comprehensive Income Net Of Tax
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CY2011 us-gaap Current Federal Tax Expense Benefit
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CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2011 us-gaap Net Cash Provided By Used In Financing Activities
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.374 pure
CY2011 us-gaap Increase Decrease In Deferred Charges
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19080000
CY2011 us-gaap Gross Profit
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179361000
CY2011 us-gaap Revenues
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.029 pure
CY2011 us-gaap Tax Benefit From Stock Options Exercised1
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5600000
CY2011 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2011 us-gaap Interest Paid Net
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Fair Value
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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568000 shares
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CY2011 us-gaap Depreciation
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4500000 shares
CY2011 us-gaap Dividends Cash
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161978000
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
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1200000
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2011 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2011 us-gaap Increase Decrease In Prepaid Taxes
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.026 pure
CY2011 masi Antitrust Litigation Expenses Proceeds
AntitrustLitigationExpensesProceeds
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CY2011 masi Amount Retained By Company Prior To Payment For Attorneys
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30800000
CY2011 masi Deferred Income Tax Expense Benefit Accrued Liabilities
DeferredIncomeTaxExpenseBenefitAccruedLiabilities
539000
CY2011 masi Deferred Income Tax Expense Benefit Acquired Intangibles
DeferredIncomeTaxExpenseBenefitAcquiredIntangibles
57000
CY2011 masi Deferred Income Tax Expense Benefit Capitalized Research And Development Costs
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-60000
CY2011 masi Deferred Income Tax Expense Benefit Change In Valuation Allowance
DeferredIncomeTaxExpenseBenefitChangeInValuationAllowance
516000
CY2011 masi Deferred Income Tax Expense Benefit Deferred Revenue
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-273000
CY2011 masi Deferred Income Tax Expense Benefit Net Operating Losses
DeferredIncomeTaxExpenseBenefitNetOperatingLosses
765000
CY2011 masi Deferred Income Tax Expense Benefit Property And Equipment
DeferredIncomeTaxExpenseBenefitPropertyAndEquipment
809000
CY2011 masi Deferred Income Tax Expense Benefit Share Based Compensation
DeferredIncomeTaxExpenseBenefitShareBasedCompensation
-3227000
CY2011 masi Deferred Income Tax Expense Benefit State Taxes And Other
DeferredIncomeTaxExpenseBenefitStateTaxesAndOther
83000
CY2011 masi Deferred Income Tax Expense Benefit Tax Credits
DeferredIncomeTaxExpenseBenefitTaxCredits
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