10-Q Filing

LANTHEUS HOLDINGS, INC. CIK: 1521036 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-575234`
Period End Date	20160331
Filing Date	20160503
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	lnth-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 33 Cash Flow Statement 53 Comprehensive Income 6

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$881.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.05M	USD	Point-in-time
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`	$38.88M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.60M	USD	Point-in-time
Accounts receivable, net of allowance of $1,051 and $881	`AccountsReceivableNetCurrent`	$39.90M	USD	Point-in-time
Accounts receivable, net of allowance of $1,051 and $881	`AccountsReceivableNetCurrent`	$37.29M	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
Inventory	`InventoryNet`	$15.62M	USD	Point-in-time
Inventory	`InventoryNet`	$15.54M	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
Other current assets	`OtherAssetsCurrent`	$3.85M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.72M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$4.64M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$100.04M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.36M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$90.01M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.38M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$86.52M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.38M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$85.32M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.36M	shares	Point-in-time
Capitalized software development costs, net	`CapitalizedComputerSoftwareNet`	$9.14M	USD	Point-in-time
Capitalized software development costs, net	`CapitalizedComputerSoftwareNet`	$8.62M	USD	Point-in-time
Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$19.23M	USD	Point-in-time
Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$20.50M	USD	Point-in-time
Goodwill	`Goodwill`	$15.71M	USD	Point-in-time
Goodwill	`Goodwill`	$15.71M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$20.34M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$20.51M	USD	Point-in-time
Total assets	`Assets`	$249.26M	USD	Point-in-time
Total assets	`Assets`	$242.38M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$3.65M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$3.65M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	-	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.98M	USD	Point-in-time
Accrued expenses and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$14.85M	USD	Point-in-time
Accrued expenses and other liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$18.50M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldForSaleNotPartOfDisposalGroup`	$1.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$35.52M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$8.14M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$8.42M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$349.86M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$349.35M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$34.24M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$34.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$427.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$423.48M	USD	Point-in-time
Commitments and contingencies (See Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.01 par value, 25,000,000 shares authorized; no shares issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.01 par value, 25,000,000 shares authorized; no shares issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.01 par value, 250,000,000 shares authorized; 30,377,104 and 30,364,501 shares issued and outstanding)	`CommonStockValue`	$303.00K	USD	Point-in-time
Common stock ($0.01 par value, 250,000,000 shares authorized; 30,377,104 and 30,364,501 shares issued and outstanding)	`CommonStockValue`	$303.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$175.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$175.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-359.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-348.84M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.99M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.65M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-174.22M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-185.29M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$242.38M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$249.26M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$76.47M	USD	1 Quarter
Revenues	`Revenues`	$74.82M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$42.77M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$39.05M	USD	1 Quarter
Gross profit	`GrossProfit`	$33.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$35.77M	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$9.31M	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$9.07M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.51M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.12M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$3.04M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$6.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$21.86M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$5.83M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$11.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$17.67M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-7.02M	USD	1 Quarter
Interest expense, net	`InterestRevenueExpenseNet`	$-10.62M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-383.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$58.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$372.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-3.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$390.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.32M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$375.00K	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.34	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	18.08M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	30.37M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.40M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.37M	shares	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.32M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$375.00K	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAndAmortization`	$4.59M	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAndAmortization`	$8.12M	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$497.00K	USD	1 Quarter
Provision for excess and obsolete inventory	`InventoryWriteDown`	$180.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$277.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$407.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$5.83M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-513.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-853.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.63M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.76M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$953.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$304.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.02M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.04M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-235.00K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$87.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.07M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-771.00K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.25M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.57M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.78M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.16M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$9.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$3.50M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$1.65M	USD	1 Quarter
Redemption of certificate of deposit-restricted	`ProceedsFromSaleOfRestrictedInvestments`	$74.00K	USD	1 Quarter
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$7.42M	USD	1 Quarter
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.50M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$933.00K	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$18.00K	USD	1 Quarter
Payments for offering costs	`PaymentsOfStockIssuanceCosts`	$441.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.00K	USD	1 Quarter
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-944.00K	USD	1 Quarter
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-459.00K	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$26.00K	USD	1 Quarter
Effect of foreign exchange rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-196.00K	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.00M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.28M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.88M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.74M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.74M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.88M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.74M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$30.74M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.60M	USD	Point-in-time
Interest paid	`InterestPaid`	$59.00K	USD	1 Quarter
Interest paid	`InterestPaid`	$6.42M	USD	1 Quarter
Income taxes paid/(refunded), net	`IncomeTaxesPaidNet`	$199.00K	USD	1 Quarter
Income taxes paid/(refunded), net	`IncomeTaxesPaidNet`	$-59.00K	USD	1 Quarter

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.32M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$375.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$340.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-358.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.66M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.00K	USD	1 Quarter

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