Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type

MERIT MEDICAL   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Sales1,515.911,356.511,257.371,150.981,074.75963.88994.85882.75727.85603.84
Total Revenues1,515.911,356.511,257.371,150.981,074.75963.88994.85882.75727.85603.84
Cost of sales777.64713.18673.49631.88589.42562.70562.49487.98401.60338.81
Gross Profit738.27643.33583.87519.10485.33401.18432.37394.77326.25265.03
Goodwill impairment charge--------------0.66----
Intangible asset impairment charge------------23.75------
Research and development97.3587.4782.7375.5171.2557.5465.6259.5351.4045.23
Acquired in-process research and development0.000.001.556.670.000.250.530.6412.140.46
Selling, general and administrative455.21399.73373.68342.53335.69297.72327.27276.02229.13184.40
Legal settlement----0.000.00(10.04)(18.68)--------
Impairment0.000.00(0.27)(2.22)(4.28)(36.50)----(0.81)--
Contingent consideration benefit(0.98)(0.44)(1.70)(4.61)(3.16)7.960.230.700.30(0.06)
Total Operating Expenses553.55487.64459.93431.54424.42402.74416.93336.15293.18230.15
Operating Income (Loss)184.72155.69123.9487.5660.92(1.56)15.4358.6233.0734.88
Interest expense26.4631.2215.516.345.269.9912.4110.367.748.80
Litigation settlement--------------------
Interest income15.0726.232.460.440.770.60(0.29)1.200.380.08
Other income (expense)(2.39)(0.71)1.200.97(2.51)(2.28)(0.54)0.06(0.87)(0.77)
Bargain purchase gain------------0.00--11.04--
Total other Income (Expense)(13.78)(5.70)(11.86)(4.93)(7.00)(11.67)(13.24)(9.10)2.81(9.49)
Income (loss) before income taxes170.94149.99112.0982.6353.92(13.23)2.1949.5235.8825.39
Income tax expense (benefit)42.4529.6417.688.115.46(3.39)(3.26)7.508.365.27
Current tax expense: Foreign14.6313.1610.8610.298.488.418.04--5.17--
Current tax expense: Federal17.7526.0615.689.580.81(0.94)0.48--3.85--
Current tax expense: State4.865.293.783.160.810.440.66--0.65--
Deferred (benefit) expense: Federal4.77(12.61)(11.03)(10.44)(0.47)(2.69)(8.11)--(0.31)--
Deferred (benefit) expense: State0.38(1.42)(1.70)(3.62)(1.85)(4.52)(3.52)--(0.22)--
Deferred (benefit) expense: Foreign0.07(0.84)0.09(0.87)(2.32)(4.08)(0.80)--(0.77)--
Net Income (loss) Available to Common Shareholders128.49120.3694.4174.5248.45(9.84)5.4542.0227.5220.12
Net Earnings Per Share (Basic)2.172.071.641.310.86(0.18)0.100.800.560.45
Net Earnings Per Share (Diluted)2.132.031.621.290.84(0.18)0.100.780.550.45
Weighted Average Shares Outstanding (Basic)59.1658.2257.5956.8156.1555.4355.0852.2748.8144.41
Weighted Average Shares Outstanding (Diluted)60.4659.3758.3657.6757.3655.4356.2453.9350.1044.86