2022 Q4 Form 10-K Financial Statement

#000168162222000091 Filed on November 18, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022
Revenue $205.6M $214.5M $859.4M
YoY Change 3.42% 1.56% 5.05%
Cost Of Revenue $142.3M $141.1M $575.9M
YoY Change 6.19% 2.92% 5.36%
Gross Profit $63.30M $73.40M $283.5M
YoY Change -2.31% -0.94% 4.42%
Gross Profit Margin 30.79% 34.22% 32.99%
Selling, General & Admin $30.30M $30.20M $118.3M
YoY Change -8.46% 3.42% -5.74%
% of Gross Profit 47.87% 41.14% 41.73%
Research & Development $20.00M $20.20M $77.00M
YoY Change 12.99% 5.21% 7.09%
% of Gross Profit 31.6% 27.52% 27.16%
Depreciation & Amortization $4.600M $8.400M $19.00M
YoY Change -4.17% -8.7% -7.32%
% of Gross Profit 7.27% 11.44% 6.7%
Operating Expenses $50.30M $50.40M $195.3M
YoY Change -0.98% 4.13% -1.06%
Operating Profit $13.00M $23.00M $88.20M
YoY Change -7.14% -10.51% 19.03%
Interest Expense $7.500M $9.400M $39.80M
YoY Change -24.24% -11.32% -5.46%
% of Operating Profit 57.69% 40.87% 45.12%
Other Income/Expense, Net -$7.600M -$9.500M -$43.70M
YoY Change -28.97% -8.65% -3.96%
Pretax Income $5.400M $13.50M $44.50M
YoY Change 63.64% -11.76% 55.59%
Income Tax $2.200M $5.100M $13.70M
% Of Pretax Income 40.74% 37.78% 30.79%
Net Earnings $3.100M $8.200M $30.30M
YoY Change 121.43% -31.67% 74.14%
Net Earnings / Revenue 1.51% 3.82% 3.53%
Basic Earnings Per Share $0.08 $0.21 $0.76
Diluted Earnings Per Share $0.08 $0.20 $0.73
COMMON SHARES
Basic Shares Outstanding 40.10M shares 39.90M shares 39.80M shares
Diluted Shares Outstanding 40.60M shares 40.50M shares 41.60M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.6M $131.9M $89.40M
YoY Change -30.43% 2.81% -38.17%
Cash & Equivalents $81.50M $99.60M $89.40M
Short-Term Investments $19.10M $32.30M $14.50M
Other Short-Term Assets $47.60M $36.00M $44.00M
YoY Change 61.36% -9.55% 49.15%
Inventory $320.3M $300.3M $303.2M
Prepaid Expenses
Receivables $157.9M $157.5M $173.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $607.3M $593.4M $609.9M
YoY Change 9.58% 6.0% 10.05%
LONG-TERM ASSETS
Property, Plant & Equipment $165.0M $160.4M $164.5M
YoY Change 0.3% -5.48% 0.0%
Goodwill $288.2M $287.2M
YoY Change -1.37% -2.15%
Intangibles $31.70M $37.40M
YoY Change -37.48% -32.25%
Long-Term Investments $47.80M $47.70M $46.40M
YoY Change 1493.33% -4.79% -5.88%
Other Assets $39.00M $36.80M $45.50M
YoY Change 19.63% 12.88% 24.32%
Total Long-Term Assets $573.6M $570.0M $574.5M
YoY Change -3.32% -5.17% -3.17%
TOTAL ASSETS
Total Short-Term Assets $607.3M $593.4M $609.9M
Total Long-Term Assets $573.6M $570.0M $574.5M
Total Assets $1.181B $1.163B $1.184B
YoY Change 2.91% 0.22% 3.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $86.20M $83.20M $78.20M
YoY Change 46.6% 25.68% 32.99%
Accrued Expenses $56.00M $70.40M $85.40M
YoY Change -37.57% -1.95% -10.76%
Deferred Revenue $9.200M $11.50M
YoY Change 1.1% 32.18%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.100M $2.500M $2.100M
YoY Change -25.0% -92.4% -30.0%
Total Short-Term Liabilities $157.4M $172.3M $173.1M
YoY Change -5.52% -7.47% 3.9%
LONG-TERM LIABILITIES
Long-Term Debt $440.8M $410.1M $412.3M
YoY Change 2.11% -4.58% -4.56%
Other Long-Term Liabilities $39.80M $32.70M $51.80M
YoY Change 25.16% -7.37% 3.19%
Total Long-Term Liabilities $480.6M $442.8M $464.1M
YoY Change 3.69% -4.79% -3.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $157.4M $172.3M $173.1M
Total Long-Term Liabilities $480.6M $442.8M $464.1M
Total Liabilities $655.9M $635.3M $651.0M
YoY Change 0.75% -6.05% -1.99%
SHAREHOLDERS EQUITY
Retained Earnings $73.30M $50.70M
YoY Change 118.81% 104.44%
Common Stock $400.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $511.7M $514.8M $533.4M
YoY Change
Total Liabilities & Shareholders Equity $1.181B $1.163B $1.184B
YoY Change 2.91% 0.22% 3.22%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022
OPERATING ACTIVITIES
Net Income $3.100M $8.200M $30.30M
YoY Change 121.43% -31.67% 74.14%
Depreciation, Depletion And Amortization $4.600M $8.400M $19.00M
YoY Change -4.17% -8.7% -7.32%
Cash From Operating Activities -$3.700M -$2.700M $16.90M
YoY Change -134.26% -112.22% -81.75%
INVESTING ACTIVITIES
Capital Expenditures $5.500M -$4.000M $21.30M
YoY Change 34.15% -14.89% 41.06%
Acquisitions $0.00 $0.00
YoY Change
Other Investing Activities -$100.0K -$10.30M $1.400M
YoY Change -150.0% -5250.0% -566.67%
Cash From Investing Activities -$3.700M -$14.30M -$48.40M
YoY Change 42.31% 217.78% 198.77%
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 1.400M -$23.80M
YoY Change -108.0% -566.67% -26.32%
NET CHANGE
Cash From Operating Activities -$3.700M -2.700M $16.90M
Cash From Investing Activities -$3.700M -14.30M -$48.40M
Cash From Financing Activities -$400.0K 1.400M -$23.80M
Net Change In Cash -$7.800M -15.60M -$55.50M
YoY Change -159.54% -190.17% -226.14%
FREE CASH FLOW
Cash From Operating Activities -$3.700M -$2.700M $16.90M
Capital Expenditures $5.500M -$4.000M $21.30M
Free Cash Flow -$9.200M $1.300M -$4.400M
YoY Change -237.31% -95.15% -105.68%

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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23800000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-32300000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
83600000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-200000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-100000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
900000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-55500000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
44000000.0 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
70800000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146100000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102100000 usd
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31300000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90600000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146100000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102100000 usd
CY2022 us-gaap Interest Paid Net
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29500000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
21600000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
16700000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2200000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14100000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4200000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1500000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1500000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1600000 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022 us-gaap Fiscal Period
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<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The fiscal years of the Company as reported are the 52 or 53-week period ending on the Friday nearest September 30. Fiscal year 2022 was the 52-week period that ended September 30, 2022, fiscal year 2021 was the 52-week period that ended October 1, 2021, and fiscal year 2020 was the 53-week period that ended October 2, 2020.</span></div>
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
1200000 usd
CY2022 vrex Numberof Variable Interest Entities
NumberofVariableInterestEntities
2 entity
CY2022 us-gaap Use Of Estimates
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Use of Estimates    The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates include the valuation of inventories, valuation of goodwill and intangible assets, warranties, contract liabilities, long-lived asset valuations, impairment of investments, valuation of financial instruments, and taxes on income. Actual results could differ from these estimates.
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144600000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89400000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
100600000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
144600000 usd
CY2021Q4 us-gaap Restricted Cash
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1500000 usd
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
1500000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
1500000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146100000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90600000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102100000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146100000 usd
CY2022 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Risk</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Financial instruments that potentially expose the Company to concentrations of credit risk consist principally of cash, cash equivalents, marketable securities, and trade accounts receivable. Cash held with financial institutions may exceed the Federal Deposit Insurance Corporation insurance limits or similar limits in foreign jurisdictions. To date, the Company has not experienced any losses on its deposits of cash and cash equivalents. The Company performs ongoing credit evaluations of its customers and, except for government tenders, group purchases and orders with a letter of credit, its industrial customers often provide a down payment. The Company maintains an allowance for credit losses based upon the expected collectability of all accounts receivable. The Company obtains some of the components in its products from a limited group of suppliers or from a single-source supplier. When these suppliers are unable to meet the Company's supply needs, the Company's production is negatively impacted. </span></div>    Credit is extended to customers based on an evaluation of the customer’s financial condition, and collateral is not required. In certain circumstances, a customer may be required to prepay all or a portion of the contract price prior to transfer of control.
CY2022Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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240300000 usd
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
168000000.0 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
23200000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
20400000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
39700000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
36400000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
303200000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
224800000 usd
CY2022 us-gaap Inventory Write Down
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6400000 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
3500000 usd
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
18100000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
369500000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
354800000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
228200000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
214600000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
141300000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
140200000 usd
CY2022 us-gaap Depreciation
Depreciation
19000000 usd
CY2021 us-gaap Depreciation
Depreciation
20500000 usd
CY2020 us-gaap Depreciation
Depreciation
22300000 usd
CY2021 us-gaap Equity Method Investment Other Than Temporary Impairment
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0 usd
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 usd
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
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2700000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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1000000 usd
CY2022Q3 us-gaap Equity Method Investments
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2500000 usd
CY2020 us-gaap Number Of Reporting Units
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2 reportingunit
CY2021 us-gaap Number Of Reporting Units
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2 reportingunit
CY2022 us-gaap Number Of Reporting Units
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2 reportingunit
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 usd
CY2021 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
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0 usd
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
2800000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
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600000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
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8500000 usd
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8100000 usd
CY2022 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
11300000 usd
CY2021 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
13000000.0 usd
CY2022 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
11900000 usd
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
12600000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
7900000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8500000 usd
CY2021 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
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CY2021Q4 us-gaap Contract With Customer Liability
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27000000.0 usd
CY2020Q4 vrex Contract With Customer Asset
ContractWithCustomerAsset
24600000 usd
CY2021 vrex Increase Decrease In Contractwith Customer Asset Costs Recovered From Product Returns
IncreaseDecreaseInContractwithCustomerAssetCostsRecoveredFromProductReturns
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CY2021 vrex Increase Decrease In Contractwith Customer Asset Shipment Of Product Subject To Return
IncreaseDecreaseInContractwithCustomerAssetShipmentOfProductSubjectToReturn
6400000 usd
CY2021 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
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CY2021Q4 vrex Contract With Customer Asset
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24300000 usd
CY2022 vrex Increase Decrease In Contractwith Customer Asset Costs Recovered From Product Returns
IncreaseDecreaseInContractwithCustomerAssetCostsRecoveredFromProductReturns
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CY2022 vrex Increase Decrease In Contractwith Customer Asset Shipment Of Product Subject To Return
IncreaseDecreaseInContractwithCustomerAssetShipmentOfProductSubjectToReturn
7100000 usd
CY2022 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
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CY2022Q3 vrex Contract With Customer Asset
ContractWithCustomerAsset
25400000 usd
CY2020Q4 us-gaap Contract With Customer Liability
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27400000 usd
CY2021 vrex Contract With Customer Refund Liability Amount Released
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5300000 usd
CY2021 vrex Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
7100000 usd
CY2022 vrex Contract With Customer Refund Liability Amount Released
ContractWithCustomerRefundLiabilityAmountReleased
6100000 usd
CY2022 vrex Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
7900000 usd
CY2022 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
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CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
28200000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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6700000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6900000 usd
CY2022Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
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CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23200000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24300000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
300000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
500000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
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4000000.0 usd
CY2021Q4 us-gaap Operating Lease Liability Current
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6200000 usd
CY2022Q3 us-gaap Finance Lease Liability Current
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200000 usd
CY2021Q4 us-gaap Finance Lease Liability Current
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200000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
18000000.0 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
18700000 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
100000 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
300000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y4M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.056
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y6M
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.036
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.036
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
6400000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
8100000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
8400000 usd
CY2022 vrex Lease Cost Finance Lease Costs
LeaseCostFinanceLeaseCosts
200000 usd
CY2021 vrex Lease Cost Finance Lease Costs
LeaseCostFinanceLeaseCosts
300000 usd
CY2020 vrex Lease Cost Finance Lease Costs
LeaseCostFinanceLeaseCosts
300000 usd
CY2022 us-gaap Operating Lease Payments
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7300000 usd
CY2021 us-gaap Operating Lease Payments
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7900000 usd
CY2020 us-gaap Operating Lease Payments
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8000000.0 usd
CY2022 us-gaap Finance Lease Principal Payments
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200000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 usd
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
300000 usd
CY2022 vrex Cash Paid For Operating And Finance Leases
CashPaidForOperatingAndFinanceLeases
7500000 usd
CY2021 vrex Cash Paid For Operating And Finance Leases
CashPaidForOperatingAndFinanceLeases
8100000 usd
CY2020 vrex Cash Paid For Operating And Finance Leases
CashPaidForOperatingAndFinanceLeases
8300000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5400000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5600000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10600000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
100000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
200000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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CY2022 vrex Finance And Operating Right Of Use Assets Obtained In Exchange For Lease Liabilities
FinanceAndOperatingRightOfUseAssetsObtainedInExchangeForLeaseLiabilities
5500000 usd
CY2021 vrex Finance And Operating Right Of Use Assets Obtained In Exchange For Lease Liabilities
FinanceAndOperatingRightOfUseAssetsObtainedInExchangeForLeaseLiabilities
5800000 usd
CY2020 vrex Finance And Operating Right Of Use Assets Obtained In Exchange For Lease Liabilities
FinanceAndOperatingRightOfUseAssetsObtainedInExchangeForLeaseLiabilities
10800000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5200000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
200000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4600000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
100000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4400000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
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CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3100000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2800000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6500000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
26600000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
300000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4600000 usd
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
22000000.0 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
300000 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3000000 usd
CY2020Q3 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
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94 employee
CY2022Q3 us-gaap Accrued Employee Benefits Current
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37500000 usd
CY2021Q4 us-gaap Accrued Employee Benefits Current
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44200000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual Current
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7900000 usd
CY2021Q4 us-gaap Standard Product Warranty Accrual Current
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8500000 usd
CY2022Q3 us-gaap Accrued Income Taxes Current
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11300000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
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8000000.0 usd
CY2022Q3 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
6800000 usd
CY2021Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
6700000 usd
CY2022Q3 us-gaap Interest Payable Current
InterestPayableCurrent
11700000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
12500000 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
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6200000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9800000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
81400000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
89700000 usd
CY2022Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
4300000 usd
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
1800000 usd
CY2022Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
1300000 usd
CY2021Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
600000 usd
CY2022Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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CY2021Q4 us-gaap Other Liabilities Noncurrent
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CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2021 us-gaap Impairment Of Investments
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CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2021 vrex Other Nonoperating Income Expense Miscellaneous
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CY2020 vrex Other Nonoperating Income Expense Miscellaneous
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CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 vrex Interest Expense Debt Contractual Interest Coupon
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CY2020 vrex Interest Expense Debt Contractual Interest Coupon
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CY2022 vrex Amortization And Write Off Of Debt Issuance Costs
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CY2021 vrex Amortization And Write Off Of Debt Issuance Costs
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CY2020 vrex Amortization And Write Off Of Debt Issuance Costs
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CY2022 us-gaap Amortization Of Debt Discount Premium
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CY2021 us-gaap Amortization Of Debt Discount Premium
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CY2021 us-gaap Interest Expense
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CY2022Q3 vrex Marketable Securities Amortized Cost
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CY2022Q3 vrex Marketable Securities Accumulated Gross Unrealized Loss Before Tax
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CY2022Q3 us-gaap Marketable Securities
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CY2022Q3 vrex Marketable Securities Maturity Allocated And Single Maturity Date Rolling Within One Year Amortized Cost
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CY2022Q3 vrex Marketable Securities Maturity Allocated And Single Maturity Date Year One
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CY2022Q3 us-gaap Marketable Securities
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CY2020 us-gaap Impairment Of Intangible Assets Finitelived
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CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2022Q3 us-gaap Accrual For Environmental Loss Contingencies
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CY2022 vrex Milestone Payment Made
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CY2022 vrex Payment For Purchase Of Stock
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CY2020 us-gaap Allocated Share Based Compensation Expense
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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CY2022Q3 us-gaap Share Price
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CY2022 vrex Sharebased Compensation Arrangementby Sharebased Payment Award Options Grantsin Period Grant Date Fair Value
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CY2021 vrex Sharebased Compensation Arrangementby Sharebased Payment Award Options Grantsin Period Grant Date Fair Value
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CY2020 vrex Sharebased Compensation Arrangementby Sharebased Payment Award Options Grantsin Period Grant Date Fair Value
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2022Q3 vrex Sharebased Compensationby Sharebased Payment Award Equity Instruments Otherthan Options Shares Outstanding Market Value
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CY2021Q4 vrex Sharebased Compensationby Sharebased Payment Award Equity Instruments Otherthan Options Shares Outstanding Market Value
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30900000 usd
CY2020Q4 vrex Sharebased Compensationby Sharebased Payment Award Equity Instruments Otherthan Options Shares Outstanding Market Value
SharebasedCompensationbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsSharesOutstandingMarketValue
11800000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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CY2022 vrex Sharebased Compensation Arrangement By Share Based Payment Award Other Than Options Grants In Period Grant Date Fair Value
SharebasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsGrantsInPeriodGrantDateFairValue
10800000 usd
CY2021 vrex Sharebased Compensation Arrangement By Share Based Payment Award Other Than Options Grants In Period Grant Date Fair Value
SharebasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsGrantsInPeriodGrantDateFairValue
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CY2020 vrex Sharebased Compensation Arrangement By Share Based Payment Award Other Than Options Grants In Period Grant Date Fair Value
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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200000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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6800000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
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5700000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
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