Company: OSIS
Filing Date: 2025-01-24
Form Type: 10-Q
Source: 0001410578-25-000048
Chunk: 1

Company: OSI SYSTEMS INC
Filing Date: 2025-01-24
Form: 10-Q
Item: Part I, Item 1F
Chunk 1
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ITEM 1. FINANCIAL STATEMENTS

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OSI SYSTEMS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(amounts in thousands, except share amounts and par value)

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​​​​​​​​​June 30, ​December 31, ​    2024    2024ASSETS​​​​​​CURRENT ASSETS:​​​​​​Cash and cash equivalents​$ 95,353​$ 101,633Accounts receivable, net​  648,155​ ​ 703,933Inventories​  397,939​ ​ 441,795Prepaid expenses and other current assets​  74,077​ ​ 77,208Total current assets​  1,215,524​ ​ 1,324,569Property and equipment, net​  113,967​ ​ 124,023Goodwill​  351,480​ ​ 382,166Intangible assets, net​  139,529​ ​ 181,954Other assets​  115,508​ ​ 118,202Total assets​$ 1,936,008​$ 2,130,914LIABILITIES AND STOCKHOLDERS’ EQUITY​​​​​​CURRENT LIABILITIES:​​​​​​Bank lines of credit​$ 384,000​$ 236,000Current portion of long-term debt​  8,167​ ​ 8,200Accounts payable​  191,149​ ​ 183,768Accrued payroll and related expenses​  46,732​ ​ 39,433Advances from customers​  53,431​ ​ 76,494Other accrued expenses and current liabilities​  131,158​ ​ 159,823Total current liabilities​  814,637​ ​ 703,718Long-term debt, net​  129,383​ ​ 466,560Other long-term liabilities​  128,505​ ​ 134,806Total liabilities​  1,072,525​ ​ 1,305,084Commitments and contingencies (Note 10)​​​​​​STOCKHOLDERS’ EQUITY:​​​​​​Preferred stock, $0.001 par value—10,000,000 shares authorized; no shares issued or outstanding​  —​ ​—Common stock, $0.001 par value—