Company: ICUI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000883984-25-000016
Chunk: 114

Company: ICU MEDICAL INC/DE
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 114
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 5,511 Foreign exchange contracts3,560 6,716 Interest rate contracts8,403 11,038 Other*5,614 5,921  $75,364 $70,287 ____________________________*As of March 31, 2025 and December 31, 2024, certain prepaid expense account balances that are part of a disposal group that met the criteria for assets held for sale during the fourth quarter of 2024 were combined with other disposal group assets and presented as a separate line item "Assets Held For Sale" in our consolidated balance sheet (See Note 4:Assets Held For Sale).Other assets consist of the following (in thousands):As ofMarch 31, 2025December 31, 2024Pump lease receivables$23,947 $23,631 Spare parts*29,826 28,632 Equity method investment3,038 3,038 Deferred debt issuance costs1,289 1,719 Finance lease right-of-use assets3,321 3,259 Interest rate contracts512 5,724 Other2,698 2,132 $64,631 $68,135 

____________________________

*As of March 31, 2025 and December 31, 2024, spare parts account balances that are part of a disposal group that met the criteria for assets held for sale during the fourth quarter of 2024 were combined with other disposal group assets and presented as a separate line item "Assets Held For Sale" in our consolidated balance sheet (See Note 4:Assets Held For Sale).

Note 13:  Inventories

     Inventories are stated at the lower of cost or net realizable value with cost determined using the first-in, first-out method. Inventory costs include material, labor and overhead related to the manufacturing of our products. Inventories consist of the following (in thousands): 

25

ICU MEDICAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Continued)

As of March 31, 2025December 31, 2024Raw materials$282,615 $265,275 Work in process44,396 37,528 Finished goods263,315 281,873 Total inventories$590,326 $584,676 _____________________________As of March 31,