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10-Q Filing

MKS INC CIK: 1049502 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-173981
Period End Date 20150331
Filing Date 20150506
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance mksi-20150331.xml
Filing Contents
Balance Sheet 73 line items
Line Item Tag Value Unit Period
Preferred Stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred Stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $192.71M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $287.09M USD Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $305.44M USD Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $288.90M USD Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Short-term investments ShortTermInvestments $158.63M USD Point-in-time
Short-term investments ShortTermInvestments $129.59M USD Point-in-time
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Trade accounts receivable, net AccountsReceivableNetCurrent $106.36M USD Point-in-time
Trade accounts receivable, net AccountsReceivableNetCurrent $124.44M USD Point-in-time
Inventories, net InventoryNet $155.17M USD Point-in-time
Common Stock, par value CommonStockNoParValue - USD Point-in-time
Common Stock, par value CommonStockNoParValue - USD Point-in-time
Inventories, net InventoryNet $164.41M USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $13.56M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $14.02M USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Other current assets OtherAssetsCurrent $27.51M USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 53.15M shares Point-in-time
Other current assets OtherAssetsCurrent $21.58M USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 53.29M shares Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 53.29M shares Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 53.15M shares Point-in-time
Total current assets AssetsCurrent $738.09M USD Point-in-time
Total current assets AssetsCurrent $675.34M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $72.78M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $70.91M USD Point-in-time
Long-term investments AvailableForSaleSecuritiesNoncurrent $237.31M USD Point-in-time
Long-term investments AvailableForSaleSecuritiesNoncurrent $157.20M USD Point-in-time
Goodwill Goodwill $192.38M USD Point-in-time
Goodwill Goodwill $150.91M USD Point-in-time
Goodwill Goodwill $199.33M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $49.55M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $46.39M USD Point-in-time
Other assets OtherAssetsNoncurrent $17.16M USD Point-in-time
Other assets OtherAssetsNoncurrent $17.21M USD Point-in-time
Total assets Assets $1.22B USD Point-in-time
Total assets Assets $1.25B USD Point-in-time
Accounts payable AccountsPayableCurrent $37.55M USD Point-in-time
Accounts payable AccountsPayableCurrent $34.17M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $26.97M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $21.35M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $6.46M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $6.70M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $35.79M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $38.51M USD Point-in-time
Total current liabilities LiabilitiesCurrent $103.63M USD Point-in-time
Total current liabilities LiabilitiesCurrent $103.87M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $38.59M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $41.05M USD Point-in-time
Commitments and contingencies (Note 18) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 18) CommitmentsAndContingencies - USD Point-in-time
Preferred Stock, $0.01 par value per share, 2,000,000 shares authorized; none issued and outstanding PreferredStockValue - USD Point-in-time
Preferred Stock, $0.01 par value per share, 2,000,000 shares authorized; none issued and outstanding PreferredStockValue - USD Point-in-time
Common Stock, no par value, 200,000,000 shares authorized; 53,289,953 and 53,154,666 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively CommonStockValue $113.00K USD Point-in-time
Common Stock, no par value, 200,000,000 shares authorized; 53,289,953 and 53,154,666 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively CommonStockValue $113.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $736.29M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $734.73M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $374.06M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $349.06M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-5.78M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.08M USD Point-in-time
Total stockholders' equity StockholdersEquity $1.08B USD Point-in-time
Total stockholders' equity StockholdersEquity $1.10B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.25B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.22B USD Point-in-time
Income Statement 54 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $181.19M USD 1 Quarter
Products SalesRevenueGoodsNet $186.10M USD 1 Quarter
Services SalesRevenueServicesNet $25.17M USD 1 Quarter
Services SalesRevenueServicesNet $27.74M USD 1 Quarter
Total net revenues SalesRevenueNet $206.35M USD 1 Quarter
Total net revenues SalesRevenueNet $213.84M USD 1 Quarter
Cost of products CostOfGoodsSold $100.21M USD 1 Quarter
Cost of products CostOfGoodsSold $98.65M USD 1 Quarter
Cost of services CostOfServices $16.77M USD 1 Quarter
Cost of services CostOfServices $18.14M USD 1 Quarter
Total cost of revenues (exclusive of amortization shown separately below) CostOfGoodsAndServicesSold $116.79M USD 1 Quarter
Total cost of revenues (exclusive of amortization shown separately below) CostOfGoodsAndServicesSold $116.98M USD 1 Quarter
Gross profit GrossProfit $89.37M USD 1 Quarter
Gross profit GrossProfit $97.05M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $16.68M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $15.62M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $30.87M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $34.59M USD 1 Quarter
Acquisition costs BusinessCombinationAcquisitionRelatedCosts $30.00K USD 1 Quarter
Acquisition costs BusinessCombinationAcquisitionRelatedCosts $228.00K USD 1 Quarter
Restructuring RestructuringCharges $747.00K USD 1 Quarter
Restructuring RestructuringCharges $788.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $410.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $1.67M USD 1 Quarter
Income from operations OperatingIncomeLoss $47.01M USD 1 Quarter
Income from operations OperatingIncomeLoss $37.78M USD 1 Quarter
Interest income InterestAndOtherIncome $541.00K USD 1 Quarter
Interest income InterestAndOtherIncome $252.00K USD 1 Quarter
Interest expense InterestExpense $17.00K USD 1 Quarter
Interest expense InterestExpense $37.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $47.51M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $38.01M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $6.77M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $13.73M USD 1 Quarter
Net income NetIncomeLoss $33.79M USD 1 Quarter
Net income NetIncomeLoss $31.25M USD 1 Quarter
Changes in value of financial instruments designated as cash flow hedges, net of tax benefit OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-822.00K USD 1 Quarter
Changes in value of financial instruments designated as cash flow hedges, net of tax benefit OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-163.00K USD 1 Quarter
Foreign currency translation adjustments, net of tax of $0 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $21.00K USD 1 Quarter
Foreign currency translation adjustments, net of tax of $0 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.21M USD 1 Quarter
Unrealized gain on investments, net of tax expense OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $36.00K USD 1 Quarter
Unrealized gain on investments, net of tax expense OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $334.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $30.09M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $31.14M USD 1 Quarter
Basic EarningsPerShareBasic $0.58 USD 1 Quarter
Basic EarningsPerShareBasic $0.63 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.63 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.58 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.16 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 53.21M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 53.41M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 53.53M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 53.78M shares 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $33.79M USD 1 Quarter
Net income NetIncomeLoss $31.25M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.53M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $4.15M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $3.21M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $3.20M USD 1 Quarter
Provision for excess and obsolete inventory InventoryWriteDown $2.68M USD 1 Quarter
Provision for excess and obsolete inventory InventoryWriteDown $2.61M USD 1 Quarter
Provision for bad debt ProvisionForDoubtfulAccounts $-172.00K USD 1 Quarter
Provision for bad debt ProvisionForDoubtfulAccounts $94.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-3.97M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $736.00K USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $189.00K USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $524.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $-1.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $141.00K USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $19.03M USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $2.78M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $12.82M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $7.40M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $-5.46M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $2.03M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $5.03M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $1.29M USD 1 Quarter
Accrued compensation IncreaseDecreaseInAccruedSalaries $-4.93M USD 1 Quarter
Accrued compensation IncreaseDecreaseInAccruedSalaries $-6.87M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $2.51M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $2.73M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $-4.66M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $3.59M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $1.14M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-7.80M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $9.90M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $19.61M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $9.87M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $164.33M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $128.52M USD 1 Quarter
Maturities of investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $38.20M USD 1 Quarter
Maturities of investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $104.62M USD 1 Quarter
Sales of investments ProceedsFromSaleOfAvailableForSaleSecurities $17.41M USD 1 Quarter
Sales of investments ProceedsFromSaleOfAvailableForSaleSecurities $24.95M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.10M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.50M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $-79.00K USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $-5.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-121.07M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.97M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $945.00K USD 1 Quarter
Net payments related to employee stock awards PaymentsForEmployeeStockAwards $762.00K USD 1 Quarter
Net payments related to employee stock awards PaymentsForEmployeeStockAwards $2.10M USD 1 Quarter
Dividend payments to common stockholders PaymentsOfDividendsCommonStock $8.55M USD 1 Quarter
Dividend payments to common stockholders PaymentsOfDividendsCommonStock $8.78M USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $524.00K USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $189.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-10.07M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-10.37M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-890.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $328.00K USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-112.72M USD 1 Quarter
Decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.81M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $192.71M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $287.09M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $305.44M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $288.90M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $192.71M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $287.09M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $305.44M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $288.90M USD Point-in-time
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Tax benefit on changes in value of financial instruments designated as cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $133.00K USD 1 Quarter
Tax benefit on changes in value of financial instruments designated as cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $108.00K USD 1 Quarter
Tax on foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Tax on foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Tax expense on unrealized (loss) gain on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $24.00K USD 1 Quarter
Tax expense on unrealized (loss) gain on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $54.00K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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