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10-Q Filing

MKS INC CIK: 1049502 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0001193125-16-581453
Period End Date 20160331
Filing Date 20160506
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance mksi-20160331.xml
Filing Contents
Balance Sheet 69 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 $305.44M USD Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $192.71M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $227.57M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $357.86M USD Point-in-time
Short-term investments ShortTermInvestments $308.77M USD Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Short-term investments ShortTermInvestments $430.66M USD Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 0.00 shares 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 $113.47M USD Point-in-time
Trade accounts receivable, net AccountsReceivableNetCurrent $101.88M 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 $151.65M USD Point-in-time
Inventories, net InventoryNet $152.63M USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 200.00M shares Point-in-time
Other current assets OtherAssetsCurrent $26.76M USD Point-in-time
Other current assets OtherAssetsCurrent $27.39M USD Point-in-time
Total current assets AssetsCurrent $939.51M USD Point-in-time
Total current assets AssetsCurrent $959.13M USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 53.31M shares Point-in-time
Common Stock, shares issued CommonStockSharesIssued 53.20M shares Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $67.56M USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 53.20M shares Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 53.31M shares Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $68.86M USD Point-in-time
Goodwill Goodwill $192.38M USD Point-in-time
Goodwill Goodwill $200.00M USD Point-in-time
Goodwill Goodwill $199.70M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $44.03M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $42.58M USD Point-in-time
Other assets OtherAssetsNoncurrent $21.25M USD Point-in-time
Other assets OtherAssetsNoncurrent $21.39M USD Point-in-time
Total assets Assets $1.29B USD Point-in-time
Total assets Assets $1.27B USD Point-in-time
Accounts payable AccountsPayableCurrent $28.08M USD Point-in-time
Accounts payable AccountsPayableCurrent $23.18M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $28.42M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $20.98M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $4.02M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $3.51M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $35.36M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $45.37M USD Point-in-time
Total current liabilities LiabilitiesCurrent $97.94M USD Point-in-time
Total current liabilities LiabilitiesCurrent $90.98M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $21.48M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $21.65M USD Point-in-time
Commitments and contingencies (Note 17) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 17) 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; 53,305,017 and 53,199,720 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively CommonStockValue $113.00K USD Point-in-time
Common Stock, no par value, 200,000,000 shares authorized; 53,305,017 and 53,199,720 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively CommonStockValue $113.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $744.73M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $745.84M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $427.21M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $434.80M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-11.17M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.69M USD Point-in-time
Total stockholders' equity StockholdersEquity $1.17B USD Point-in-time
Total stockholders' equity StockholdersEquity $1.16B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.29B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.27B USD Point-in-time
Income Statement 51 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $153.62M USD 1 Quarter
Products SalesRevenueGoodsNet $186.10M USD 1 Quarter
Services SalesRevenueServicesNet $30.06M USD 1 Quarter
Services SalesRevenueServicesNet $27.74M USD 1 Quarter
Total net revenues SalesRevenueNet $183.68M USD 1 Quarter
Total net revenues SalesRevenueNet $213.84M USD 1 Quarter
Cost of products CostOfGoodsSold $85.35M USD 1 Quarter
Cost of products CostOfGoodsSold $98.65M USD 1 Quarter
Cost of services CostOfServices $18.14M USD 1 Quarter
Cost of services CostOfServices $20.42M 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 $105.77M USD 1 Quarter
Gross profit GrossProfit $77.91M USD 1 Quarter
Gross profit GrossProfit $97.05M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $17.23M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $16.68M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $33.95M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $30.87M USD 1 Quarter
Acquisition costs BusinessCombinationAcquisitionRelatedCosts $30.00K USD 1 Quarter
Acquisition costs BusinessCombinationAcquisitionRelatedCosts $2.49M USD 1 Quarter
Restructuring RestructuringCharges $788.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $1.68M 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 $22.56M USD 1 Quarter
Interest and other income, net InterestAndOtherIncome $504.00K USD 1 Quarter
Interest and other income, net InterestAndOtherIncome $1.25M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $23.80M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $47.51M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $13.73M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $6.24M USD 1 Quarter
Net income NetIncomeLoss $33.79M USD 1 Quarter
Net income NetIncomeLoss $17.56M 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 $-1.55M USD 1 Quarter
Foreign currency translation adjustments, net of tax of $0 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.21M USD 1 Quarter
Foreign currency translation adjustments, net of tax of $0 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.65M USD 1 Quarter
Unrealized gain on investments, net of tax expense OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $334.00K USD 1 Quarter
Unrealized gain on investments, net of tax expense OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $378.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $19.05M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $30.09M USD 1 Quarter
Basic EarningsPerShareBasic $0.33 USD 1 Quarter
Basic EarningsPerShareBasic $0.63 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.33 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.63 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 53.23M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 53.21M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 53.53M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 53.56M shares 1 Quarter
Cash Flow Statement 67 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $33.79M USD 1 Quarter
Net income NetIncomeLoss $17.56M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.28M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.53M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $4.15M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $3.21M USD 1 Quarter
Provision for excess and obsolete inventory InventoryWriteDown $2.95M USD 1 Quarter
Provision for excess and obsolete inventory InventoryWriteDown $2.68M USD 1 Quarter
Provision for bad debt ProvisionForDoubtfulAccounts $-172.00K USD 1 Quarter
Provision for bad debt ProvisionForDoubtfulAccounts $17.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $736.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $347.00K USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $233.00K 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 $-68.00K USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $10.08M USD 1 Quarter
Trade accounts receivable IncreaseDecreaseInAccountsReceivable $19.03M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $12.82M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $844.00K USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $2.03M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $2.32M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $3.56M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $5.03M USD 1 Quarter
Accrued compensation IncreaseDecreaseInAccruedSalaries $-7.09M USD 1 Quarter
Accrued compensation IncreaseDecreaseInAccruedSalaries $-4.93M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $2.73M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $7.72M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $4.77M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $3.59M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $189.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-7.80M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $19.61M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $23.18M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $9.87M USD 1 Quarter
Purchases of investments PaymentsToAcquireAvailableForSaleSecurities $82.14M USD 1 Quarter
Purchases of investments PaymentsToAcquireAvailableForSaleSecurities $164.33M USD 1 Quarter
Maturities of investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $76.97M USD 1 Quarter
Maturities of investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $38.20M USD 1 Quarter
Sales of investments ProceedsFromSaleOfAvailableForSaleSecurities $128.25M USD 1 Quarter
Sales of investments ProceedsFromSaleOfAvailableForSaleSecurities $17.41M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.50M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.16M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $-5.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $120.93M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-121.07M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.54M USD 1 Quarter
Net payments related to employee stock awards ProceedsFromPaymentsForEmployeeStockAwards $-2.59M USD 1 Quarter
Net payments related to employee stock awards ProceedsFromPaymentsForEmployeeStockAwards $-2.10M USD 1 Quarter
Dividend payments to common stockholders PaymentsOfDividendsCommonStock $9.06M 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 $233.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-12.96M 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 $-876.00K USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $130.28M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-112.72M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $305.44M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $192.71M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $227.57M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $357.86M 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 $192.71M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $227.57M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $357.86M 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 $1.04M 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 gain (loss) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $54.00K USD 1 Quarter
Tax expense on unrealized gain (loss) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $254.00K USD 1 Quarter

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

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