Company: OSIS
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001410578-25-001066
Chunk: 1

Company: OSI SYSTEMS INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1F
Chunk 1
---
ITEM 1. FINANCIAL STATEMENTS

​

OSI SYSTEMS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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

​

​​​​​​​​​June 30, ​March 31, ​    2024    2025ASSETS​​​​​​CURRENT ASSETS:​​​​​​Cash and cash equivalents​$ 95,353​$ 95,830Accounts receivable, net​  648,155​ ​ 672,176Inventories​  397,939​ ​ 438,954Prepaid expenses and other current assets​  74,077​ ​ 65,569Total current assets​  1,215,524​ ​ 1,272,529Property and equipment, net​  113,967​ ​ 124,352Goodwill​  351,480​ ​ 382,861Intangible assets, net​  139,529​ ​ 183,322Other assets​  115,508​ ​ 117,933Total assets​$ 1,936,008​$ 2,080,997LIABILITIES AND STOCKHOLDERS’ EQUITY​​​​​​CURRENT LIABILITIES:​​​​​​Bank lines of credit​$ 384,000​$ 156,000Current portion of long-term debt​  8,167​ ​ 8,145Accounts payable​  191,149​ ​ 173,078Accrued payroll and related expenses​  46,732​ ​ 45,771Advances from customers​  53,431​ ​ 62,926Other accrued expenses and current liabilities​  131,158​ ​ 158,037Total current liabilities​  814,637​ ​ 603,957Long-term debt, net​  129,383​ ​ 465,051Other long-term liabilities​  128,505​ ​ 132,664Total liabilities​  1,072,525​ ​ 1,201,672Commitments 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—