Company: ICUI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000883984-25-000035
Chunk: 87

Company: ICU MEDICAL INC/DE
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 87
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ivatives and Hedging Activities).On October 31, 2025, we refinanced the Credit Agreement (see Note 23: Subsequent Event).

Note 19:  Stockholders' Equity

Treasury Stock    In August 2019, our Board approved a share purchase plan to purchase up to $100.0 million of our common stock. This plan has no expiration date. During the three months ended September 30, 2025 and 2024, we did not purchase any shares of our common stock under our share purchase plan. As of September 30, 2025, all of the $100.0 million available for purchase was remaining under the plan. We are currently limited on share purchases in accordance with the terms and conditions of our Credit Agreement (see Note 18: Long-Term Debt).      For the nine months ended September 30, 2025, we withheld 61,304 shares of our common stock from employee vested restricted stock units in consideration for $8.7 million in payments made on the employees' behalf for their minimum statutory income tax withholding obligations. For the nine months ended September 30, 2024, we withheld 114,023 shares of our common stock from employee vested restricted stock units in consideration for $11.9 million in payments made on the employees' behalf for their minimum statutory income tax withholding obligations. Treasury stock is used to issue shares for stock option exercises and restricted stock grants.Accumulated Other Comprehensive (Loss) Income ("AOCI")    The components of AOCI, net of tax, were as follows (in thousands):

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

Foreign Currency Translation AdjustmentsUnrealized Losses  on Cash Flow HedgesOther AdjustmentsTotalBalance as of January 1, 2025$(146,942)$5,722 $1,819 $(139,401)Other comprehensive income (loss) beforereclassifications39,890 (3,260)— 36,630 Amounts reclassified from AOCI— (2,624)— (2,624)Other comprehensive income (loss)39,890 (5,884)— 34,006 Balance as of March 31, 2025$(107,052)$(162)$1,819 $(105,395)Other comprehensive income (