Company Information

  

Address: 600 HOPE PARKWAY SE  
City: LEESBURG 
State: VA 
Zip Code: 20175 
Telephone: 703-777-3155 

Description of Business

Primary SIC Code: 3841
(As filed with the SEC)  

K2M, Inc. was incorporated in 2004 and began working with leading spine surgeons for the purpose of designing, developing and commercializing innovative and proprietary complex spine technologies and techniques. In 2010, K2M Group Holdings, Inc., an entity then controlled by Welsh, Carson, Andersen & Stowe, acquired K2M, Inc. Certain affiliates of Welsh, Carson, Anderson & Stowe are referred to herein as "WCAS," and WCAS, and together with the other owners of K2M Group Holdings, Inc. prior to our May 2014 initial public offering, are collectively referred to as our "pre-IPO owners." Since 2010, we have continued to invest in our business by expanding our global distribution network, including through the investment of additional capital raised from our pre-IPO owners, our initial public offering in May 2014, subsequent public offerings in February and July 2015 and issuance of convertible senior notes in August 2016.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-0.87NAN/E
12/2017-0.87NAN/E
09/2017-0.97NAN/E
06/2017-0.96NAN/E
03/2017-1.01NAN/E
12/2016-1.00NAN/E
09/2016-0.90NAN/E
06/2016-0.96NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.08Total Liab/Total Assets0.35
Net Inc/Total Assets-0.10Total Liab/Inv Cap0.41
Net Inc/Inv Cap-0.12Total Liab/Comm Equity0.27
Pretax Inc/Net Sales-0.15Interest Coverage Ratio-4.55
Net Inc/Net Sales-0.14Curr Debt/Equity0.00
Cash Flow/Net Sales-0.05LTD/Equity0.30
SG&A/NetSales0.70Total Debt/Equity0.31
Asset Utilization   Liquidity  
Net Receivables Turnover5.33Quick Ratio1.52
Inventory Turnover1.33Current Ratio2.84
Inventory Day Sales0.00Net Rec/Curr Assets0.33
Net Sales/Work Cap2.59Inv/Curr Assets0.46
Net Sales/PP&E3.42  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 67.88 67.80 62.65 65.69
Cost of Goods Sold 24.42 24.22 20.43 22.52
Selling & Admin Exps 47.81 46.38 44.22 45.77
Operating Income -10.02 -8.88 -7.35 -8.16
Interest Exp 1.78 1.75 1.75 1.73
Pretax Income -11.32 -10.35 -8.43 -9.01
Other Income 0.48 0.28 0.67 0.87
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -11.40 -8.75 -8.47 -9.06

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 17.19 23.96 33.94 36.55
Receivables - Total 51.26 50.47 45.03 50.09
Inventories - Total 77.39 71.42 72.39 66.75
Total Current Assets 152.63 153.70 158.88 160.43
Net Property, Plant & Equipment 75.83 75.45 49.93 50.94
Total Assets 372.98 373.13 378.60 381.98
Liabilities        
Accounts Payable 53.45 52.94 50.81 48.05
Debt in Current Liabilities 1.16 1.12 1.08 1.05
Total Current Liabilities 54.61 54.06 51.89 49.09
Long-Term Debt 80.30 72.99 72.69 72.40
Total Liabilities 138.62 130.73 129.90 127.58
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.04 0.04 0.04 0.04
Retained Earnings -260.62 -249.22 -239.48 -231.01
Treasury Stock -0.31 -0.31 -0.31 -0.13
Total Stockholders' Equity 234.36 242.40 248.70 254.41
Total Liabilities and Stockholders' Equity 372.98 373.13 378.60 381.98

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -8.54 -4.11 -0.52 -3.34
Net Cash Provided by Investing Activities -5.34 -6.39 -2.49 -4.33
Net Cash Provided by Financing Activities 6.88 0.36 0.21 5.33

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013157.58-37.91--
12/2014186.67-59.64-1.65
12/2015216.01-39.22-0.97
12/2016236.63-41.66-1.00
12/2017258.03-37.15-0.87
Growth Rates13.12----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1817043,704--




Report Date : 6/18/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.