ARTHROCARE CORP
Healthcare · Electromedical & Electrotherapeutic Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|
| Revenue | $92.3M | $92.9M | $87.9M | $89.1M | $324.1M |
| Operating income | $13.5M | $17.4M | $16.6M | $15.5M | $53,000 |
| Net income | $26.1M | $46.4M | $12.8M | $8.8M | −$5.8M |
| Total assets | $594.1M | $519.8M | $533.0M | $439.2M | — |
| Total liabilities | $106.6M | $75.0M | $149.1M | $69.7M | — |
| Equity | $403.1M | $364.0M | $306.7M | $295.7M | $250.4M |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 28.0M | 27.6M | 27.5M | 27.1M | 26.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- 14.6%
- Net margin
- 28.2%
- Return on equity
- 6.5%
- Return on assets
- 4.4%
- Return on capital (ROCE)
- 2.6%
- Liabilities / assets
- 17.9%
- Debt / equity
- 0.26×
- Book value / share
- $14.37
- Revenue growth (YoY)
- −0.6%
- Net income growth (YoY)
- −43.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2013- Altman Z″ (distress)
- 7.26safe
- Accruals / assets
- −7.8%clean
- Beneish M-Score
- -2.62normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 10, 2009
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2009
- NT 10-Qmissed a reporting deadline ↗May 12, 2009
- NT 10-Kmissed a reporting deadline ↗Mar 6, 2009
- NT 10-Qmissed a reporting deadline ↗Nov 12, 2008
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2008
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Pacek James LOfficer — Sr VP, Global Markets & Sales | May 29, 2014 | Option exercise | 15,778 | $23.50 |
| Dinger Fred B IiiOfficer — SVP & General Manager for ENT | May 29, 2014 | Option exercise | 2,477 | $35.97 |
| Wiley GayleOfficer — SVP & Chief HR Officer | May 29, 2014 | Option exercise | 10,840 | $36.90 |
| Newton ToddOfficer — EVP, CFO & COO | May 29, 2014 | Option exercise | 17,020 | $23.50 |
| Woloszko JeanOfficer — Chief Tech Officer and SVP R&D | May 29, 2014 | Option exercise | 2,128 | $23.50 |
| Fitzgerald DavidOfficer — President and CEO | May 29, 2014 | Option exercise | 4,254 | $23.50 |
| Prothro BruceOfficer — Chief Regulatory Officer & SVP | May 29, 2014 | Option exercise | 3,901 | $23.50 |
| Rew Richard W. IiOfficer — Senior VP & General Counsel | May 29, 2014 | Option exercise | 12,056 | $23.50 |
| Schaffner ScottOfficer — SVP and GM Sports Medicine | May 29, 2014 | Option exercise | 12,471 | $26.49 |
| Belinfanti GregoryDirector | May 29, 2014 | Option exercise | 17,021 | — |
| Ahrens ChristianDirector | May 29, 2014 | Option exercise | 17,021 | — |
| Oep Ac Holdings, Llc10% owner | May 29, 2014 | Option exercise | 34,042 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJun 4, 2014
- Other material eventMay 29, 2014
- Other material eventMay 21, 2014
- Shareholder voteMay 8, 2014
- Results of operationsMay 2, 2014
- Other material eventApr 10, 2014
- Other material eventMar 14, 2014
- Results of operationsFeb 13, 2014
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.