Guarantor Financial Information | 9 Months Ended |
Sep. 30, 2014 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Guarantor Financial Information | ' |
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16. Guarantor Financial Information |
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The Notes, issued by LMI, are guaranteed by Lantheus Intermediate, or the Parent Guarantor, and Lantheus Real Estate, one of Lantheus Intermediate’s wholly-owned consolidated subsidiaries, or the Guarantor Subsidiary. The guarantees are full and unconditional and joint and several. The following supplemental financial information sets forth, on a condensed consolidating basis, balance sheet information as of September 30, 2014 and December 31, 2013, comprehensive income (loss) information for the three and nine months ended September 30, 2014 and 2013 and cash flow information for the nine months ended September 30, 2014 and 2013 for Lantheus Intermediate, LMI, the Guarantor Subsidiary and Lantheus Intermediate’s other wholly-owned subsidiaries, or the Non-Guarantor Subsidiaries. The condensed consolidating financial statements have been prepared on the same basis as the condensed consolidated financial statements of Lantheus Intermediate. The equity method of accounting is followed within this financial information. |
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Condensed Consolidating Balance Sheet Information |
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September 30, 2014 |
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(in thousands) | | Lantheus | | | LMI | | | Guarantor | | | Non- | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Guarantor |
| | Subsidiaries |
Assets: | | | | | | | | | | | | | | | | | | | | | | | | |
Current assets | | | | | | | | | | | | | | | | | | | | | | | | |
Cash and cash equivalents | | $ | — | | | $ | 20,121 | | | $ | — | | | $ | 5,084 | | | $ | — | | | $ | 25,205 | |
Accounts receivable, net | | | — | | | | 30,611 | | | | — | | | | 10,549 | | | | — | | | | 41,160 | |
Intercompany accounts receivable | | | — | | | | 2,962 | | | | — | | | | — | | | | (2,962 | ) | | | — | |
Inventory | | | — | | | | 13,500 | | | | — | | | | 2,925 | | | | — | | | | 16,425 | |
Income tax receivable | | | — | | | | 423 | | | | — | | | | 25 | | | | — | | | | 448 | |
Deferred tax assets | | | — | | | | — | | | | — | | | | 12 | | | | — | | | | 12 | |
Other current assets | | | — | | | | 3,916 | | | | — | | | | 265 | | | | — | | | | 4,181 | |
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Total current assets | | | — | | | | 71,533 | | | | — | | | | 18,860 | | | | (2,962 | ) | | | 87,431 | |
Property, plant and equipment, net | | | — | | | | 75,510 | | | | 15,555 | | | | 5,007 | | | | — | | | | 96,072 | |
Capitalized software development costs, net | | | — | | | | 1,828 | | | | — | | | | 1 | | | | — | | | | 1,829 | |
Intangibles, net | | | — | | | | 26,628 | | | | — | | | | 2,575 | | | | — | | | | 29,203 | |
Goodwill | | | — | | | | 15,714 | | | | — | | | | — | | | | — | | | | 15,714 | |
Deferred financing costs | | | — | | | | 7,969 | | | | — | | | | — | | | | — | | | | 7,969 | |
Deferred tax assets | | | — | | | | — | | | | — | | | | 45 | | | | — | | | | 45 | |
Investment in subsidiaries | | | (240,416 | ) | | | 39,293 | | | | — | | | | — | | | | 201,123 | | | | — | |
Intercompany note receivable | | | — | | | | — | | | | — | | | | 5,568 | | | | (5,568 | ) | | | — | |
Other long-term assets | | | — | | | | 19,591 | | | | — | | | | 200 | | | | — | | | | 19,791 | |
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Total assets | | $ | (240,416 | ) | | $ | 258,066 | | | $ | 15,555 | | | $ | 32,256 | | | $ | 192,593 | | | $ | 258,054 | |
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Liabilities and (deficit) equity: | | | | | | | | | | | | | | | | | | | | | | | | |
Current liabilities | | | | | | | | | | | | | | | | | | | | | | | | |
Line of credit | | $ | — | | | $ | 8,000 | | | $ | — | | | $ | — | | | $ | — | | | $ | 8,000 | |
Accounts payable | | | — | | | | 13,810 | | | | — | | | | 1,573 | | | | — | | | | 15,383 | |
Intercompany accounts payable | | | — | | | | — | | | | — | | | | 2,962 | | | | (2,962 | ) | | | — | |
Accrued expenses and other liabilities | | | — | | | | 31,944 | | | | — | | | | 3,144 | | | | — | | | | 35,088 | |
Deferred tax liability | | | — | | | | — | | | | — | | | | 57 | | | | — | | | | 57 | |
Deferred revenue | | | — | | | | 1,063 | | | | — | | | | — | | | | — | | | | 1,063 | |
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Total current liabilities | | | — | | | | 54,817 | | | | — | | | | 7,736 | | | | (2,962 | ) | | | 59,591 | |
Asset retirement obligations | | | — | | | | 7,049 | | | | — | | | | 195 | | | | — | | | | 7,244 | |
Long-term debt, net | | | — | | | | 399,220 | | | | — | | | | — | | | | — | | | | 399,220 | |
Intercompany note payable | | | — | | | | 5,568 | | | | — | | | | — | | | | (5,568 | ) | | | — | |
Deferred tax liability | | | — | | | | — | | | | — | | | | 8 | | | | — | | | | 8 | |
Other long-term liabilities | | | — | | | | 31,828 | | | | — | | | | 579 | | | | — | | | | 32,407 | |
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Total liabilities | | | — | | | | 498,482 | | | | — | | | | 8,518 | | | | (8,530 | ) | | | 498,470 | |
(Deficit) equity | | | (240,416 | ) | | | (240,416 | ) | | | 15,555 | | | | 23,738 | | | | 201,123 | | | | (240,416 | ) |
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Total liabilities and (deficit) equity | | $ | (240,416 | ) | | $ | 258,066 | | | $ | 15,555 | | | $ | 32,256 | | | $ | 192,593 | | | $ | 258,054 | |
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Condensed Consolidating Balance Sheet Information |
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December 31, 2013 |
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(in thousands) | | Lantheus | | | LMI | | | Guarantor | | | Non- | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Guarantor |
| | Subsidiaries |
Assets: | | | | | | | | | | | | | | | | | | | | | | | | |
Current assets | | | | | | | | | | | | | | | | | | | | | | | | |
Cash and cash equivalents | | $ | — | | | $ | 11,995 | | | $ | — | | | $ | 4,674 | | | $ | — | | | $ | 16,669 | |
Accounts receivable, net | | | — | | | | 28,099 | | | | — | | | | 10,811 | | | | — | | | | 38,910 | |
Intercompany accounts receivable | | | — | | | | 2,671 | | | | — | | | | — | | | | (2,671 | ) | | | — | |
Inventory | | | — | | | | 15,414 | | | | — | | | | 2,896 | | | | — | | | | 18,310 | |
Income tax receivable | | | — | | | | 297 | | | | — | | | | 28 | | | | — | | | | 325 | |
Deferred tax assets | | | — | | | | — | | | | — | | | | 18 | | | | — | | | | 18 | |
Other current assets | | | — | | | | 2,906 | | | | — | | | | 181 | | | | — | | | | 3,087 | |
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Total current assets | | | — | | | | 61,382 | | | | — | | | | 18,608 | | | | (2,671 | ) | | | 77,319 | |
Property, plant and equipment, net | | | — | | | | 76,068 | | | | 15,615 | | | | 5,970 | | | | — | | | | 97,653 | |
Capitalized software development costs, net | | | — | | | | 1,468 | | | | — | | | | 2 | | | | — | | | | 1,470 | |
Intangibles, net | | | — | | | | 31,838 | | | | — | | | | 3,160 | | | | — | | | | 34,998 | |
Goodwill | | | — | | | | 15,714 | | | | — | | | | — | | | | — | | | | 15,714 | |
Deferred financing costs | | | — | | | | 9,639 | | | | — | | | | — | | | | — | | | | 9,639 | |
Deferred tax assets | | | — | | | | — | | | | — | | | | 15 | | | | — | | | | 15 | |
Investment in subsidiaries | | | (237,088 | ) | | | 40,289 | | | | — | | | | — | | | | 196,799 | | | | — | |
Intercompany note receivable | | | — | | | | — | | | | — | | | | 5,396 | | | | (5,396 | ) | | | — | |
Other long-term assets | | | — | | | | 22,370 | | | | — | | | | 207 | | | | — | | | | 22,577 | |
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Total assets | | $ | (237,088 | ) | | $ | 258,768 | | | $ | 15,615 | | | $ | 33,358 | | | $ | 188,732 | | | $ | 259,385 | |
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Liabilities and (deficit) equity: | | | | | | | | | | | | | | | | | | | | | | | | |
Current liabilities | | | | | | | | | | | | | | | | | | | | | | | | |
Line of credit | | $ | — | | | $ | 8,000 | | | $ | — | | | $ | — | | | $ | — | | | $ | 8,000 | |
Accounts payable | | | — | | | | 16,672 | | | | — | | | | 1,431 | | | | — | | | | 18,103 | |
Intercompany accounts payable | | | — | | | | — | | | | — | | | | 2,671 | | | | (2,671 | ) | | | — | |
Accrued expenses and other liabilities | | | — | | | | 21,409 | | | | — | | | | 4,083 | | | | — | | | | 25,492 | |
Deferred tax liability | | | — | | | | — | | | | — | | | | 57 | | | | — | | | | 57 | |
Deferred revenue | | | — | | | | 3,979 | | | | — | | | | — | | | | — | | | | 3,979 | |
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Total current liabilities | | | — | | | | 50,060 | | | | — | | | | 8,242 | | | | (2,671 | ) | | | 55,631 | |
Asset retirement obligations | | | — | | | | 6,212 | | | | — | | | | 173 | | | | — | | | | 6,385 | |
Long-term debt, net | | | — | | | | 399,037 | | | | — | | | | — | | | | — | | | | 399,037 | |
Intercompany note payable | | | — | | | | 5,396 | | | | — | | | | — | | | | (5,396 | ) | | | — | |
Deferred tax liability | | | — | | | | — | | | | — | | | | 12 | | | | — | | | | 12 | |
Other long-term liabilities | | | — | | | | 35,151 | | | | — | | | | 257 | | | | — | | | | 35,408 | |
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Total liabilities | | | — | | | | 495,856 | | | | — | | | | 8,684 | | | | (8,067 | ) | | | 496,473 | |
(Deficit) equity | | | (237,088 | ) | | | (237,088 | ) | | | 15,615 | | | | 24,674 | | | | 196,799 | | | | (237,088 | ) |
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Total liabilities and (deficit) equity | | $ | (237,088 | ) | | $ | 258,768 | | | $ | 15,615 | | | $ | 33,358 | | | $ | 188,732 | | | $ | 259,385 | |
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Condensed Consolidating Statement of Comprehensive Income (Loss) |
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Three Months Ended September 30, 2014 |
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(in thousands) | | Lantheus | | | LMI | | | Guarantor | | | Non-Guarantor | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Subsidiaries |
Revenues | | $ | — | | | $ | 66,927 | | | $ | — | | | $ | 13,637 | | | $ | (4,882 | ) | | $ | 75,682 | |
Cost of goods sold | | | — | | | | 36,243 | | | | — | | | | 12,683 | | | | (4,882 | ) | | | 44,044 | |
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Gross profit | | | — | | | | 30,684 | | | | — | | | | 954 | | | | — | | | | 31,638 | |
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Operating expenses | | | | | | | | | | | | | | | | | | | | | | | | |
Sales and marketing expenses | | | — | | | | 7,462 | | | | — | | | | 865 | | | | — | | | | 8,327 | |
General and administrative expenses | | | — | | | | 8,222 | | | | 20 | | | | 480 | | | | — | | | | 8,722 | |
Research and development expenses | | | — | | | | 2,953 | | | | — | | | | 96 | | | | — | | | | 3,049 | |
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Operating income (loss) | | | — | | | | 12,047 | | | | (20 | ) | | | (487 | ) | | | — | | | | 11,540 | |
Interest expense, net | | | — | | | | (10,649 | ) | | | — | | | | 64 | | | | — | | | | (10,585 | ) |
Other income, net | | | — | | | | 305 | | | | — | | | | 136 | | | | — | | | | 441 | |
Equity in earnings (losses) of affiliates | | | 1,452 | | | | (497 | ) | | | — | | | | — | | | | (955 | ) | | | — | |
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Income (loss) before income taxes | | | 1,452 | | | | 1,206 | | | | (20 | ) | | | (287 | ) | | | (955 | ) | | | 1,396 | |
(Benefit) provision for income taxes | | | — | | | | (246 | ) | | | — | | | | 190 | | | | — | | | | (56 | ) |
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Net income (loss) | | | 1,452 | | | | 1,452 | | | | (20 | ) | | | (477 | ) | | | (955 | ) | | | 1,452 | |
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Foreign currency translation | | | — | | | | — | | | | — | | | | (671 | ) | | | — | | | | (671 | ) |
Equity in other comprehensive (loss) income of subsidiaries | | | (671 | ) | | | (671 | ) | | | — | | | | — | | | | 1,342 | | | | — | |
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Total comprehensive income (loss) | | $ | 781 | | | $ | 781 | | | $ | (20 | ) | | $ | (1,148 | ) | | $ | 387 | | | $ | 781 | |
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Condensed Consolidating Statement of Comprehensive Income (Loss) |
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Three Months Ended September 30, 2013 |
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(in thousands) | | Lantheus | | | LMI | | | Guarantor | | | Non-Guarantor | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Subsidiaries |
Revenues | | $ | — | | | $ | 59,416 | | | $ | — | | | $ | 15,372 | | | $ | (4,403 | ) | | $ | 70,385 | |
Cost of goods sold | | | — | | | | 35,859 | | | | — | | | | 15,208 | | | | (4,403 | ) | | | 46,664 | |
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Gross profit | | | — | | | | 23,557 | | | | — | | | | 164 | | | | — | | | | 23,721 | |
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Operating expenses | | | | | | | | | | | | | | | | | | | | | | | | |
Sales and marketing expenses | | | — | | | | 7,641 | | | | — | | | | 835 | | | | — | | | | 8,476 | |
General and administrative expenses | | | — | | | | 6,585 | | | | 20 | | | | 527 | | | | — | | | | 7,132 | |
Research and development expenses | | | — | | | | 5,779 | | | | — | | | | 114 | | | | — | | | | 5,893 | |
Impairment of land | | | — | | | | — | | | | 6,788 | | | | — | | | | — | | | | 6,788 | |
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Operating income (loss) | | | — | | | | 3,552 | | | | (6,808 | ) | | | (1,312 | ) | | | — | | | | (4,568 | ) |
Interest expense, net | | | — | | | | (11,083 | ) | | | — | | | | 48 | | | | — | | | | (11,035 | ) |
Other income (expense), net | | | — | | | | 409 | | | | — | | | | (149 | ) | | | — | | | | 260 | |
Equity in earnings (losses) of affiliates | | | (15,064 | ) | | | (8,197 | ) | | | — | | | | — | | | | 23,261 | | | | — | |
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Income (loss) before income taxes | | | (15,064 | ) | | | (15,319 | ) | | | (6,808 | ) | | | (1,413 | ) | | | 23,261 | | | | (15,343 | ) |
(Benefit) provision for income taxes | | | — | | | | (255 | ) | | | — | | | | (24 | ) | | | — | | | | (279 | ) |
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Net income (loss) | | | (15,064 | ) | | | (15,064 | ) | | | (6,808 | ) | | | (1,389 | ) | | | 23,261 | | | | (15,064 | ) |
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Foreign currency translation | | | — | | | | — | | | | — | | | | 417 | | | | — | | | | 417 | |
Equity in other comprehensive income (loss) of subsidiaries | | | 417 | | | | 417 | | | | — | | | | — | | | | (834 | ) | | | — | |
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Total comprehensive income (loss) | | $ | (14,647 | ) | | $ | (14,647 | ) | | $ | (6,808 | ) | | $ | (972 | ) | | $ | 22,427 | | | $ | (14,647 | ) |
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Condensed Consolidating Statement of Comprehensive Income (Loss) |
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Nine Months Ended September 30, 2014 |
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(in thousands) | | Lantheus | | | LMI | | | Guarantor | | | Non-Guarantor | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Subsidiaries |
Revenues | | $ | — | | | $ | 196,435 | | | $ | — | | | $ | 42,067 | | | $ | (13,871 | ) | | $ | 224,631 | |
Cost of goods sold | | | — | | | | 108,111 | | | | — | | | | 37,633 | | | | (13,871 | ) | | | 131,873 | |
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Gross profit | | | — | | | | 88,324 | | | | — | | | | 4,434 | | | | — | | | | 92,758 | |
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Operating expenses | | | | | | | | | | | | | | | | | | | | | | | | |
Sales and marketing expenses | | | — | | | | 24,466 | | | | — | | | | 2,761 | | | | — | | | | 27,227 | |
General and administrative expenses | | | — | | | | 24,822 | | | | 60 | | | | 1,682 | | | | — | | | | 26,564 | |
Research and development expenses | | | — | | | | 8,656 | | | | — | | | | 302 | | | | — | | | | 8,958 | |
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Operating income (loss) | | | — | | | | 30,380 | | | | (60 | ) | | | (311 | ) | | | — | | | | 30,009 | |
Interest expense, net | | | — | | | | (31,896 | ) | | | — | | | | 192 | | | | — | | | | (31,704 | ) |
Other income (expense), net | | | — | | | | 80 | | | | — | | | | (228 | ) | | | — | | | | (148 | ) |
Equity in earnings (losses) of affiliates | | | (1,469 | ) | | | (657 | ) | | | — | | | | — | | | | 2,126 | | | | — | |
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Income (loss) before income taxes | | | (1,469 | ) | | | (2,093 | ) | | | (60 | ) | | | (347 | ) | | | 2,126 | | | | (1,843 | ) |
(Benefit) provision for income taxes | | | — | | | | (624 | ) | | | — | | | | 250 | | | | — | | | | (374 | ) |
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Net income (loss) | | | (1,469 | ) | | | (1,469 | ) | | | (60 | ) | | | (597 | ) | | | 2,126 | | | | (1,469 | ) |
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Foreign currency translation | | | — | | | | — | | | | — | | | | (339 | ) | | | — | | | | (339 | ) |
Equity in other comprehensive income (loss) of subsidiaries | | | (339 | ) | | | (339 | ) | | | — | | | | — | | | | 678 | | | | — | |
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Total comprehensive income (loss) | | $ | (1,808 | ) | | $ | (1,808 | ) | | $ | (60 | ) | | $ | (936 | ) | | $ | 2,804 | | | $ | (1,808 | ) |
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Condensed Consolidating Statement of Comprehensive Income (Loss) |
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Nine Months Ended September 30, 2013 |
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(in thousands) | | Lantheus | | | LMI | | | Guarantor | | | Non-Guarantor | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Subsidiaries |
Revenues | | $ | — | | | $ | 180,453 | | | $ | — | | | $ | 47,228 | | | $ | (15,677 | ) | | $ | 212,004 | |
Cost of goods sold | | | — | | | | 115,962 | | | | — | | | | 44,239 | | | | (15,677 | ) | | | 144,524 | |
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Gross profit | | | — | | | | 64,491 | | | | — | | | | 2,989 | | | | — | | | | 67,480 | |
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Operating expenses | | | | | | | | | | | | | | | | | | | | | | | | |
Sales and marketing expenses | | | — | | | | 24,564 | | | | — | | | | 2,702 | | | | — | | | | 27,266 | |
General and administrative expenses | | | — | | | | 23,844 | | | | 60 | | | | 1,774 | | | | — | | | | 25,678 | |
Research and development expenses | | | — | | | | 25,200 | | | | — | | | | 228 | | | | — | | | | 25,428 | |
Impairment of land | | | — | | | | — | | | | 6,788 | | | | — | | | | — | | | | 6,788 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating loss | | | — | | | | (9,117 | ) | | | (6,848 | ) | | | (1,715 | ) | | | — | | | | (17,680 | ) |
Interest expense, net | | | — | | | | (32,458 | ) | | | — | | | | 135 | | | | — | | | | (32,323 | ) |
Other income (expense), net | | | — | | | | 1,039 | | | | — | | | | (145 | ) | | | — | | | | 894 | |
Equity in earnings (losses) of affiliates | | | (49,376 | ) | | | (8,552 | ) | | | — | | | | — | | | | 57,928 | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Income (loss) before income taxes | | | (49,376 | ) | | | (49,088 | ) | | | (6,848 | ) | | | (1,725 | ) | | | 57,928 | | | | (49,109 | ) |
(Benefit) provision for income taxes | | | — | | | | 288 | | | | — | | | | (21 | ) | | | — | | | | 267 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Net income (loss) | | | (49,376 | ) | | | (49,376 | ) | | | (6,848 | ) | | | (1,704 | ) | | | 57,928 | | | | (49,376 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Foreign currency translation | | | — | | | | — | | | | — | | | | (1,176 | ) | | | — | | | | (1,176 | ) |
Equity in other comprehensive income (loss) of subsidiaries | | | (1,176 | ) | | | (1,176 | ) | | | — | | | | — | | | | 2,352 | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Total comprehensive income (loss) | | $ | (50,552 | ) | | $ | (50,552 | ) | | $ | (6,848 | ) | | $ | (2,880 | ) | | $ | 60,280 | | | $ | (50,552 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
|
|
|
Condensed Consolidating Cash Flow Information |
|
Nine Months September September 30, 2014 |
|
|
| | | | | | | | | | | | | | | | | | | | | | | | |
| | Lantheus | | | LMI | | | Guarantor | | | Non-Guarantor | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Subsidiaries |
Cash provided by operating activities | | $ | — | | | $ | 14,614 | | | $ | — | | | $ | 834 | | | $ | — | | | $ | 15,448 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash flows from investing activities | | | | | | | | | | | | | | | | | | | | | | | | |
Capital expenditures | | | — | | | | (5,011 | ) | | | — | | | | (292 | ) | | | — | | | | (5,303 | ) |
Payments from subsidiary | | | 1,741 | | | | — | | | | — | | | | — | | | | (1,741 | ) | | | — | |
Proceeds from sale of property, plant and equipment | | | — | | | | 227 | | | | — | | | | — | | | | — | | | | 227 | |
Redemption of certificate of deposit-restricted | | | — | | | | 228 | | | | — | | | | — | | | | — | | | | 228 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash provided by (used in) investing activities | | | 1,741 | | | | (4,556 | ) | | | — | | | | (292 | ) | | | (1,741 | ) | | | (4,848 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash flows from financing activities | | | | | | | | | | | | | | | | | | | | | | | | |
Proceeds from line of credit | | | — | | | | 5,500 | | | | — | | | | — | | | | — | | | | 5,500 | |
Payments on line of credit | | | — | | | | (5,500 | ) | | | — | | | | — | | | | — | | | | (5,500 | ) |
Payments on note payable | | | — | | | | (52 | ) | | | — | | | | — | | | | — | | | | (52 | ) |
Deferred financing costs | | | — | | | | (139 | ) | | | — | | | | — | | | | — | | | | (139 | ) |
Payments to parent | | | (1,741 | ) | | | (1,741 | ) | | | — | | | | — | | | | 1,741 | | | | (1,741 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash provided by (used in) financing activities | | | (1,741 | ) | | | (1,932 | ) | | | — | | | | — | | | | 1,741 | | | | (1,932 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Effect of foreign exchange rate on cash | | | — | | | | — | | | | — | | | | (132 | ) | | | — | | | | (132 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Increase (decrease) in cash and cash equivalents | | | — | | | | 8,126 | | | | — | | | | 410 | | | | — | | | | 8,536 | |
Cash and cash equivalents, beginning of period | | | — | | | | 11,995 | | | | — | | | | 4,674 | | | | — | | | | 16,669 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash and cash equivalents, end of period | | $ | — | | | $ | 20,121 | | | $ | — | | | $ | 5,084 | | | $ | — | | | $ | 25,205 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
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|
|
Condensed Consolidating Cash Flow Information |
|
Nine Months Ended September 30, 2013 |
|
|
| | | | | | | | | | | | | | | | | | | | | | | | |
| | Lantheus | | | LMI | | | Guarantor | | | Non-Guarantor | | | Eliminations | | | Total | |
Intermediate | Subsidiary | Subsidiaries |
Cash provided by (used in) operating activities | | $ | — | | | $ | (13,054 | ) | | $ | — | | | $ | 2,970 | | | $ | (1,738 | ) | | $ | (11,822 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash flows from investing activities | | | | | | | | | | | | | | | | | | | | | | | | |
Capital expenditures | | | — | | | | (3,621 | ) | | | — | | | | (90 | ) | | | — | | | | (3,711 | ) |
Intercompany note | | | — | | | | — | | | | — | | | | (2,249 | ) | | | 2,249 | | | | — | |
Proceeds from dividend | | | — | | | | 4,174 | | | | — | | | | — | | | | (4,174 | ) | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash provided by (used in) investing activities | | | — | | | | 553 | | | | — | | | | (2,339 | ) | | | (1,925 | ) | | | (3,711 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash flows from financing activities | | | | | | | | | | | | | | | | | | | | | | | | |
Proceeds from line of credit | | | — | | | | 8,000 | | | | — | | | | — | | | | — | | | | 8,000 | |
Payments on note payable | | | — | | | | (1,174 | ) | | | — | | | | — | | | | — | | | | (1,174 | ) |
Deferred financing costs | | | — | | | | (1,188 | ) | | | — | | | | — | | | | — | | | | (1,188 | ) |
Payments from parent | | | — | | | | 111 | | | | — | | | | — | | | | — | | | | 111 | |
Intercompany note | | | — | | | | 2,249 | | | | — | | | | — | | | | (2,249 | ) | | | — | |
Payment of dividend | | | — | | | | — | | | | — | | | | (5,912 | ) | | | 5,912 | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash provided by (used in) financing activities | | | — | | | | 7,998 | | | | — | | | | (5,912 | ) | | | 3,663 | | | | 5,749 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Effect of foreign exchange rate on cash | | | — | | | | — | | | | — | | | | (949 | ) | | | — | | | | (949 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Increase (decrease) in cash and cash equivalents | | | — | | | | (4,503 | ) | | | — | | | | (6,230 | ) | | | — | | | | (10,733 | ) |
Cash and cash equivalents, beginning of period | | | — | | | | 17,635 | | | | — | | | | 13,960 | | | | — | | | | 31,595 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Cash and cash equivalents, end of period | | $ | — | | | $ | 13,132 | | | $ | — | | | $ | 7,730 | | | $ | — | | | $ | 20,862 | |
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