Company: ICUI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000883984-25-000035
Chunk: 43

Company: ICU MEDICAL INC/DE
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 43
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Item1.Financial Statements (Unaudited)

ICU MEDICAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except par value data and treasury shares) 

 September 30,2025December 31,2024 (Unaudited)(1)ASSETS  CURRENT ASSETS:  Cash and cash equivalents$299,732 $308,566 Accounts receivable, net of allowance for doubtful accounts $12,802 at September 30, 2025 and $12,977 at December 31, 2024191,541 182,828 Inventories622,443 584,676 Prepaid expenses and other current assets93,574 81,531 Assets held for sale— 284,382 TOTAL CURRENT ASSETS1,207,290 1,441,983 PROPERTY, PLANT AND EQUIPMENT, net455,967 442,746 OPERATING LEASE RIGHT-OF-USE ASSETS56,598 53,295 GOODWILL1,498,767 1,432,772 INTANGIBLE ASSETS, net664,827 740,789 DEFERRED INCOME TAXES23,976 24,211 OTHER ASSETS61,385 65,097 INVESTMENTS IN UNCONSOLIDATED AFFILIATES134,086 3,038 TOTAL ASSETS$4,102,896 $4,203,931 LIABILITIES AND STOCKHOLDERS’ EQUITY  CURRENT LIABILITIES:  Accounts payable$171,752 $148,020 Accrued liabilities316,103 306,923 Current portion of long-term debt— 51,000 Income tax payable5,045 17,328 Liabilities held for sale— 32,911 TOTAL CURRENT LIABILITIES492,900 556,182 LONG-TERM DEBT1,313,931 1,531,858 OTHER LONG-TERM LIABILITIES93,558 66,745 DEFERRED INCOME TAXES41,371 48,814 INCOME TAX LIABILITY33,886 35,097 COMMITMENTS AND CONTINGENCIES (Note 20)STOCKHOLDERS’ EQUITY:  Convertible preferred stock, $1.00 par value; Authorized — 500 shares; Issued and outstanding