Company: ICUI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000883984-25-000007
Chunk: 379

Company: ICU MEDICAL INC/DE
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 379
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IDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Cash Flow HedgesOther AdjustmentsTotalBalance as of January 1, 2022$(19,045)$(237)$13 $(19,269)Other comprehensive (loss) income before reclassifications(103,928)54,962 1,203 (47,763)Amounts reclassified from AOCI— (13,946)— (13,946)Other comprehensive (loss) income(103,928)41,016 1,203 (61,709)Balance as of December 31, 2022$(122,973)$40,779 $1,216 $(80,978)Other comprehensive income before reclassifications46,189 12,096 603 58,888 Amounts reclassified from AOCI— (30,991)— (30,991)Other comprehensive income (loss)46,189 (18,895)603 27,897 Balance as of December 31, 2023$(76,784)$21,884 $1,819 $(53,081)Other comprehensive loss before reclassifications(70,158)14,042 — (56,116)Amounts reclassified from AOCI— (30,204)— (30,204)Other comprehensive loss(70,158)(16,162)— (86,320)Balance as of December 31, 2024$(146,942)$5,722 $1,819 $(139,401)

NOTE 16. COMMITMENTS AND CONTINGENCIES

Legal ProceedingsFrom time to time, we are involved in various legal proceedings, most of which are routine litigation, in the normal course of business.  Our management does not believe that the resolution of the unsettled legal proceedings that we are involved with will have a material adverse impact on our financial position or results of operations.Off Balance Sheet ArrangementsIn the normal course of business, we have agreed to indemnify our officers and directors to the maximum extent permitted under Delaware law and to indemnify customers as to certain intellectual property matters related to sales of our products. There is no maximum limit on the indemnification that may be required under these agreements. We have never incurred, nor do we expect to incur, any liability for indemnification.ContingenciesIn