THORATEC CORP
Healthcare · Electromedical & Electrotherapeutic Apparatus · CA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | $477.6M | $125.7M | $117.7M | $491.7M | $422.7M | $280.0M |
| Operating income | $69.9M | — | $97.5M | $75.7M | $114.2M | $49.8M |
| Net income | $50.4M | $18.2M | $18.2M | $56.2M | $71.5M | $28.6M |
| Total assets | $764.0M | — | $791.7M | $698.4M | $681.0M | $747.9M |
| Total liabilities | $131.2M | — | $125.0M | $101.6M | $96.5M | $222.8M |
| Equity | $632.8M | — | $666.7M | $596.7M | $584.5M | $525.1M |
| EPS (diluted) | $0.89 | $0.32 | $0.31 | $0.94 | $1.19 | $0.49 |
| Shares out. | 53.7M | 56.8M | 57.6M | 58.4M | 58.7M | 57.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- 14.6%
- Net margin
- 10.6%
- Return on equity
- 8.0%
- Return on assets
- 6.6%
- Return on capital (ROCE)
- 10.2%
- Liabilities / assets
- 17.2%
- Debt / equity
- 0.21×
- Book value / share
- $11.78
- Revenue growth (YoY)
- 279.9%
- Net income growth (YoY)
- 176.3%
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 · FY2015- Altman Z″ (distress)
- 8.63safe
- Accruals / assets
- −5.3%clean
- Piotroski F-Score
- 4/4mixed
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● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- 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-Kmissed a reporting deadline ↗Mar 1, 2007
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 |
|---|---|---|---|---|
| Schermerhorn Todd CDirector | Oct 8, 2015 | D | 17,919 | $63.50 |
| Pellegrini Niamh LouiseOfficer — President, North America | Oct 8, 2015 | Grant | 11,228 | $0.00 |
| Padmanabhan VasantOfficer — SVP, Technical Operations | Oct 8, 2015 | Grant | 13,474 | $0.00 |
| Marsh Martha H.Director | Oct 8, 2015 | D | 12,206 | $63.50 |
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- Other material eventOct 8, 2015
- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteOct 8, 2015
- Other material eventOct 1, 2015
- Other material eventAug 31, 2015
- Results of operationsAug 4, 2015
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Other material eventJul 22, 2015
- Shareholder voteMay 8, 2015
- Results of operationsMay 7, 2015
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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