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

MERIT MEDICAL   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Sales1,356.511,257.371,150.981,074.75963.88994.85882.75727.85603.84542.15
Total Revenues1,356.511,257.371,150.981,074.75963.88994.85882.75727.85603.84542.15
Cost of sales713.18673.49631.88589.42562.70562.49487.98401.60338.81306.37
Gross Profit643.33583.87519.10485.33401.18432.37394.77326.25265.03235.78
Goodwill impairment charge------------0.66------
Intangible asset impairment charge----------23.75--------
Research and development87.4782.7375.5171.2557.5465.6259.5351.4045.2340.81
Acquired in-process research and development0.001.556.670.000.250.530.6412.140.461.00
Selling, general and administrative399.73373.68342.53335.69297.72327.27276.02229.13184.40156.35
Legal settlement--0.000.00(10.04)(18.68)----------
Impairment0.00(0.27)(2.22)(4.28)(36.50)----(0.81)--0.00
Contingent consideration benefit(0.44)(1.70)(4.61)(3.16)7.960.230.700.30(0.06)(0.08)
Total Operating Expenses487.64459.93431.54424.42402.74416.93336.15293.18230.15198.24
Operating Income (Loss)155.69123.9487.5660.92(1.56)15.4358.6233.0734.8837.54
Interest expense31.2215.516.345.269.9912.4110.367.748.806.23
Litigation settlement--------------------
Interest income26.232.460.440.770.60(0.29)1.200.380.080.27
Other income (expense)(0.71)1.200.97(2.51)(2.28)(0.54)0.06(0.87)(0.77)(0.39)
Bargain purchase gain----------0.00--11.04----
Total other Income (Expense)(5.70)(11.86)(4.93)(7.00)(11.67)(13.24)(9.10)2.81(9.49)--
Income (loss) before income taxes149.99112.0982.6353.92(13.23)2.1949.5235.8825.3931.20
Income tax expense (benefit)29.6417.688.115.46(3.39)(3.26)7.508.365.277.40
Current tax expense: Foreign13.1610.8610.298.488.418.04--5.17--3.22
Current tax expense: Federal26.0615.689.580.81(0.94)0.48--3.85--(0.02)
Current tax expense: State5.293.783.160.810.440.66--0.65--0.75
Deferred (benefit) expense: Federal(12.61)(11.03)(10.44)(0.47)(2.69)(8.11)--(0.31)--3.25
Deferred (benefit) expense: State(1.42)(1.70)(3.62)(1.85)(4.52)(3.52)--(0.22)--0.29
Deferred (benefit) expense: Foreign(0.84)0.09(0.87)(2.32)(4.08)(0.80)--(0.77)--(0.09)
Net Income (loss) Available to Common Shareholders120.3694.4174.5248.45(9.84)5.4542.0227.5220.1223.80
Net Earnings Per Share (Basic)2.071.641.310.86(0.18)0.100.800.560.450.54
Net Earnings Per Share (Diluted)2.031.621.290.84(0.18)0.100.780.550.450.53
Weighted Average Shares Outstanding (Basic)58.2257.5956.8156.1555.4355.0852.2748.8144.4144.04
Weighted Average Shares Outstanding (Diluted)59.3758.3657.6757.3655.4356.2453.9350.1044.8644.51