ࡱ> z{|} l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~ ؈ ~~8#܈ ~~<#܈ ~~4#܈ ~~3#܈ ~~7#܈ ~~83ffff̙̙3f3fff3f3f33333f33 WASHINGTON DC 20549GWASHINGTON DC 20549 (1)z$TABLE OF CONTENTS: Balance Sheet#YIncome StatementwIncome Statement (1)< Cash FlowsMProperty and Equipment&NOTES TO CONDENSED CONSOLIDATEDCComprehensive Income&NOTES TO CONDENSED CONSOLID (1)&Supplemental Cash Flow InformatM 5 Inventories6 Other Current Assets 7 Property and Equipment8 Intangible Assets&t*NOTES TO CONDENSED CONSOLID (2)&69 Accrued and Other Current Lia&6F11 Other NonCurrent Liabilities"S12 Stock Repurchase Programa Stock Options oRSUs Z}PSUs& NOTES TO CONDENSED CONSOLID (3) Leases&SNOTES TO CONDENSED CONSOLID (4)&NOTES TO CONDENSED CONSOLID (5)Results of Operations&Comparison of the Three Months %Comparison of the Three Mo (1)%Comparison of the Three Mo (2)%"Comparison of the Three Mo (3)%.Comparison of the Three Mo (4)%Y:Comparison of the Three Mo (5)&!FComparison of the Nine Months e&S[Comparison of the Nine Mont (1)&AlComparison of the Nine Mont (2)&xComparison of the Nine Mont (3)&ЃComparison of the Nine Mont (4)&Comparison of the Nine Mont (5)UCash Flows (1)vStock Repurchase Program2Item 6 Exhibits Exhibit 121 l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0} $ } $       MASIMO CORP 10-Q 10/31/2017WASHINGTON, D.C. 20549    Delaware   33-0368882' (State or Other Jurisdiction of  (I.R.S. Employer& Incorporation or Organization)  Identification Number)   52 Discovery~ *Irvine, California0((Address of Principal Executive Offices) (Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0}qeA `Hb=PF0*8X> @ l  #  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } U} $ } 8} $ } } $ } $       MASIMO CORP 10-Q 10/31/2017WASHINGTON, D.C. 20549        Large accelerated filer  ?  Accelerated filer  ?     Non-accelerated filer 7 /? (Do not check if a smaller reporting company) ! Smaller reporting company  ?       Emerging growth company ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,H|}qec]=PF0*8X> @ l  <i2:  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1) Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } y } :}  <      MASIMO CORP 10-Q 10/31/2017TABLE OF CONTENTS   % PART I. Financial Information    Item 1.) !Financial Statements (unaudited):    -%Condensed Consolidated Balance Sheets~ 1)as of September 30, 2017 and December 31,~ ,$Condensed Consolidated Statements of~ 0(Operations for the three and nine months/'ended September 30, 2017 and October 1,~ ,$Condensed Consolidated Statements of~ .&Comprehensive Income for the three and0(nine months ended September 30, 2017 andOctober 1, 2016,$Condensed Consolidated Statements of~ 6.Cash Flows for the nine months ended September$30, 2017 and October 1, 2016DlvjF>u5n0[ !"#$%&'()*+,-./0123456789:; 1 )Notes to Condensed Consolidated Financial~ !! Statements"""#Item 2.,#$Management?s Discussion and Analysis~ #r$8$0of Financial Condition and Results of Operations%%%&Item 3.0&(Quantitative and Qualitative Disclosures~ &''About Market Risk((()Item 4.)Controls and Procedures~ )**"+PART II. Other Information+,,,-Item 1.-Legal Proceedings~ -.../Item 1A./ Risk Factors~ /0001Item 2./1'Unregistered Sales of Equity Securities~ 1 22and Use of Proceeds3334Item 6.4Exhibits~ 4556 Signatures~ 678$9____________________________1:)Created by Morningstar Document Research.0;(http://documentresearch.morningstar.com/<SkY0 ~ZFznF=PF0*8X> @2;;::9966++  l  >BKV  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTSIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 7} $ >      MASIMO CORP 10-Q 10/31/2017 Balance Sheet           September 30,   December 31, ~  ~  ASSETS    Current assets   !Cash and cash equivalents~ b~ ʬ-%Accounts receivable, net of allowance~ Z~ 42*for doubtful accounts of $1,413 and $1,6984,at September 30, 2017 and December 31, 2016, respectively. Inventories~  ~ zmOther current assets~ ~ Total current assets~ Z!~ n#Deferred cost of goods sold~ B~ 2#Property and equipment, net~  ~ LIntangible assets, net~ ~ Goodwill~ C~ 5Deferred tax assets~ a~ ` Other non-current assets~ j~  Total assets~ ^M7~ 20(LIABILITIES AND STOCKHOLDERS ? EQUITYCurrent liabilitiesAccounts payable~ t~ zDm lzn[Gi By%b  !"#$%&'()*+,-./0123456789:;<= Accrued compensation~   ~  -!%Accrued and other current liabilities~ !s!!~ !:c!"Deferred revenue~ "f""~ "T"!#Total current liabilities~ #ֆ ##~ #:s #$Deferred revenue~ $$$~ $$%%Other non-current liabilities~ %%%~ %%&Total liabilities~ &օ &&~ &&%'Commitments and contingencies'''(Stockholders? equity(((0)(Preferred stock, $0.001 par value; 5,000 )?)) )?).*&shares authorized; 0 shares issued and6+.outstanding at September 30, 2017 and December,31, 2016/-'Common stock, $0.001 par value; 100,000~ ---~ --3.+shares authorized; 51,671 and 50,188 shares//'issued and outstanding at September 30,00(2017 and December 31, 2016, respectively01(Treasury stock, 14,788 and 14,255 shares~ 111~ 12S142,at September 30, 2017 and December 31, 2016,3 respectively"4Additional paid-in capital~ 4jh44~ 4T4,5$Accumulated other comprehensive loss~ 555~ 5656Retained earnings~ 6j+66~ 6#6"7Total stockholders? equity~ 7+77~ 71"728*Total liabilities and stockholders? equity~ 8^M788~ 8289:$;____________________________1<)Created by Morningstar Document Research.0=(http://documentresearch.morningstar.com/@ D/nLIVD [=PF0*8X> @?==<<;;888877776666555544441111----))))&&&&%%%%$$$$####""""!!!!       l  *:p1t  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 1} $ *      MASIMO CORP 10-Q 10/31/2017Income Statement                  Three Months Ended  Nine Months Ended   September 30,   October 1,   September 30,   October 1, ~  ~  ~  ~  Revenue:       Product~ ^ ~ z ~  j!  ~  !Royalty and other revenue~ ~ r~    ~  &k Total revenue~ r ~ ; ~  "  ~  7Cost of goods sold~ ~ n~  2   ~  ~  Gross profit~ f~ ~  D  ~  :Operating expenses:   +#Selling, general and administrative~ ~ և~  n   ~  >  Research and development~ ~ ~    ~   Total operating expenses~ ~ |~    ~   Operating income~ ~ ;~  l  ~  &Non-operating income (expense)~ ~~ z~    ~  0(Income before provision for income taxes~ ~ j3~  r  ~  &"Provision for income taxes~ ~ v~  ~  ~  2 Net income~ e~ ~    ~  5   Net income per share:    Basic?Q? ffffff@   Gz?Dilutedffffff?p= ף? @   Q?DlwkXb[[D) YW !"#$%&'()        1!)Weighted-average shares used in per share!!!!! ! ! " calculations: #Basic~ #-##~ ###~ # 6$# # ~ # #$Diluted~ $m$$~ $D$$~ $ ~j$ $ ~ $ 9$%&$'____________________________1()Created by Morningstar Document Research.0)(http://documentresearch.morningstar.com/a=PF0*8X> @Q))((''$$$$$$ $$ ###### ##                                        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome Statement Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } a/} $       MASIMO CORP 10-Q 10/31/2017Income Statement                  Three Months Ended  Nine Months Ended   September 30,   October 1,   September 30,   October 1, ~  ~  ~  ~   Net income~ e  ~   ~   ~ 5 /'Other comprehensive income, net of tax:   .&Unrealized gains (losses) from foreign~ ~ ~  B  ~  ( currency translation adjustmentsComprehensive income~ {~ ~  zE  ~  1$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2wkXb9{Oc=PF0*8X> @                l  ?Hv  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1)Property and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } :} $ ?      MASIMO CORP 10-Q 10/31/2017 Cash Flows          Nine Months Ended   September 30,   October 1, ~  ~ - %Cash flows from operating activities:    Net income~ ~ 5.&Adjustments to reconcile net income to2*net cash provided by operating activities:%Depreciation and amortization~ ~  Stock-based compensation~ ~ v/'Loss on disposal of property, equipment~ ~ zand intangibles4,Gain on deconsolidation of variable interest ?~ entity+#Provision for deferred income taxes ?~ *N4,Changes in operating assets and liabilities:'Increase in accounts receivable~ ~ .Increase in inventories~ i~ r( Increase in other current assets~ R~ F6/'Increase in deferred cost of goods sold~ j~ O,$Increase in other non-current assets~ ~ $Increase in accounts payable~ :~ ( Decrease in accrued compensation~ q~ ZD l}qml6idRNk !"#$%&'()*+,-./0123456789:;<=>' Decrease in accrued liabilities~ j  ~  /!'(Decrease) increase in deferred revenue~ !!!~ !ڪ!1")Increase in other non-current liabilities~ """~ ""1#)Net cash provided by operating activities~ ###~ #z_#-$%Cash flows from investing activities:$$$0%(Purchases of property and equipment, net~ %%%~ %)%%&Increase in intangible assets~ &R&&~ &&,'$Acquisition of long-term investments~ '''~ ''8(0Reduction in cash resulting from deconsolidation (?((~ ((#)of variable interest entity-*%Net cash used in investing activities~ *V|**~ **-+%Cash flows from financing activities:+++',Borrowings under line of credit ,?,,~ ,",$-Repayments on line of credit -?--~ -E-.Debt issuance costs .?..~ .N.//'Repayments of capital lease obligations~ ///~ //.0&Proceeds from issuance of common stock~ 0vf00~ 0>0#1Repurchases of common stock~ 1Bf11~ 1102(Net cash provided by (used in) financing~ 222~ 2f23 activities14)Effect of foreign currency exchange rates~ 4044~ 4 45on cash16)Net decrease in cash and cash equivalents~ 666~ 66.7&Cash and cash equivalents at beginning~ 7ʬ77~ 7v78 of period29*Cash and cash equivalents at end of period~ 9b99~ 99:;$<____________________________1=)Created by Morningstar Document Research.0>(http://documentresearch.morningstar.com/B X"8o.]?),/#=PF0*8X> @RJ>>==<<9999777766664444222211110000////....----,,,,****((((''''&&&&%%%%####""""!!!!        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash Flows!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } $} 0.       MASIMO CORP 10-Q 10/31/2017Property and Equipment     Useful Lives Aircraft and components 10 to 20 years  Buildings 39 years Building improvements  7 to 15 yearsComputer equipment 2 to 6 yearsDemonstration units3 years&Furniture and office equipment 2 to 6 yearsLeasehold improvements.&Lesser of useful life or term of leaseMachinery and equipment 5 to 7 yearsTooling3 yearsVehicles5 years$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8}qeM)S!P*=PF0*8X> @ l  :  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and EquipmentComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 6} $       MASIMO CORP 10-Q 10/31/2017H@NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)          Nine Months Ended   September 30,   October 1, ~  ~ - %Warranty accrual, beginning of period~ :  ~  %Accrual for warranties issued~ " ~ J 5-Changes to pre-existing warranties (including~ 2~ changes in estimates)Settlements made~ j~ F'Warranty accrual, end of period~ ~ 2$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4k_SG;k7]g=PF0*8X> @        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATED!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0.} $       MASIMO CORP 10-Q 10/31/2017Comprehensive Income      Nine Months Ended  September 30, 2017- %Accumulated other comprehensive loss,~ 6  beginning of period.&Unrealized gains from foreign currency~ B translation-%Accumulated other comprehensive loss,~  end of period$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0sg7z.=PF0*8X> @B    l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } a/} $       MASIMO CORP 10-Q 10/31/2017H@NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)                  Three Months Ended  Nine Months Ended   September 30,   October 1,   September 30,   October 1, ~  ~  ~  ~   Net income~ e  ~   ~   ~ 5 #Basic net income per share:   +#Weighted-average shares outstanding~ -~ ~  6$  ~  - basic"Net income per basic share?Q? ffffff@   Gz?%Diluted net income per share:   +#Weighted-average shares outstanding~ -~ ~  6$  ~  - basic/'Diluted share equivalent: stock options~ ?~ ?~  JF  ~  5and RSUs+#Weighted-average shares outstanding~ m~ D~  ~j  ~  9 - diluted$Net income per diluted shareffffff?p= ף? @   Q?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BB Xk_SG;{(2ZGM:{g=PF0*8X> @J)                        l  >  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1) 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } y<} $       MASIMO CORP 10-Q 10/31/2017*"Supplemental Cash Flow Information          Nine Months Ended   September 30,   October 1, ~  ~ & Cash paid during the year for:   -%Interest (net of amounts capitalized)~ ~ ( Income taxes~ K~ f3+Noncash investing and financing activities:/'Unpaid purchases of property, plant and~ V4~ B equipment:2 Unsettled common stock proceeds from option~ ~ r exercises*" Unsettled stock repurchases~ v) ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:j}qeYU>p[[OC=PF0*8X> @      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } $} $       MASIMO CORP 10-Q 10/31/20175. Inventories           September 30,   December 31, ~  ~   Raw materials~   ~   Work-in-process~ f  ~ Vx Finished goods~ ~   Total inventories~  ~ zm$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.-ym 7 =PF0*8X> @z         l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } %} $       MASIMO CORP 10-Q 10/31/20176. Other Current Assets           September 30,   December 31, ~  ~  Prepaid expenses~ &  ~   Prepaid income taxes~ Z  ~ V Due from foreign agent~  ?Royalties receivable~ y~ 2u#Employee loans and advances~ J~ Due from related party~ ^~ 6Other current assets~ T~ :P' Total other current assets~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6'|pd+j Avj^6=PF0*8X> @         l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 1} $       MASIMO CORP 10-Q 10/31/2017!7. Property and Equipment           September 30,   December 31, ~  ~ * "Building and building improvements~ @  ~ :?  Machinery and equipment~ Z  ~ N Aircraft and vehicles~ Ƌ~  Land~ Js~ JsLeasehold improvements~ ~ Computer equipment~ ~ Tooling~ ~ ~&Furniture and office equipment~ ~ Demonstration units~ ~  Construction-in-progress~ ʃ~ {)! Total property and equipment~ ~ w 1)Accumulated depreciation and amortization~ +~ ( Property and equipment, net~  ~ L$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@ DznbSC'Vui]5=PF0*8X> @ !         l  )  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0.} $       MASIMO CORP 10-Q 10/31/20178. Intangible Assets           September 30,   December 31, ~  ~  Patents~ C  ~ 7  Customer relationships~ w  ~ w Licenses~ 2u~ 2uAcquired technology~ 2W~ 2W Trademarks~ Z>~ ;.&Capitalized software development costs~ (~ ' Other~ 9~ j9$ Total intangible assets~ v(~  Accumulated amortization~ ~ # Intangible assets, net~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:sg7"Z ==PF0*8X> @         l  M5  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } $} $       MASIMO CORP 10-Q 10/31/2017H@NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)      Fiscal year Amount 2017 (balance of year)~ ~S ~ ~ J ~ ~ 9 ~ ~ 4~ ~ j$ Thereafter~ | Total~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2k_SG; ~V.f=PF0*8X> @Z      l  D  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } I;} $       MASIMO CORP 10-Q 10/31/20170(9. Accrued and Other Current Liabilities           September 30,   December 31, ~  ~ ! Contract related payables~ v  ~ Ʀ  Income taxes payable~ P  ~ r  Accrued taxes~ M~ >P91Accrued customer rebates, fees and reimbursements~ @~ <!Accrued stock repurchases~ v) ?Accrued legal fees~ ~ JAccrued warranty~ ~ :Related party payable~ ~ 6Accrued donations~  ~  Other~ RJ~ fS80 Total accrued and other current liabilities~ s~ :c$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<wk_SvXw\2&=PF0*8X> @         l  R  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0} $       MASIMO CORP 10-Q 10/31/2017)!11. Other Non-Current Liabilities           September 30,   December 31, ~  ~  Unrecognized tax benefit~   ~    Deferred rent, long-term~   ~  )!Deferred tax liability, long-term~ N~ R Other~ ~ 0( Total other non-current liabilities~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0~rfZ}HwkC=PF0*8X> @         l  `  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } !} $       MASIMO CORP 10-Q 10/31/2017$12. Stock Repurchase Program                    Three Months Ended  Nine Months Ended    September 30,   October 1,   September 30,   October 1,  ~  ~  ~  ~  Shares repurchased ~ V   ?  ~ V  ~ b Average cost per shareףp= 7U@ $?  ףp= 7U@  R1E@#Value of shares repurchased~ 6 $? ~  6  ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.awk_4&q=PF0*8X> @              l  n  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase ProgramRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0}  } $       MASIMO CORP 10-Q 10/31/2017 Stock Options         Nine Months Ended  September 30, 2017  Shares  Average     Exercise Price0(Options outstanding, beginning of period~ &(\<@Granted~ > 33333U@Canceled~ Q>B@ Exercised~ )\;@*"Options outstanding, end of period~ o= ףpA@*"Options exercisable, end of period~ ^>(\B:@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6zn@qN=PF0*8X> @r      l  o|  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } -}  } $       MASIMO CORP 10-Q 10/31/2017 RSUs         Nine Months Ended  September 30, 2017  Units  Weighted Average Grant     Date Fair Value-%RSUs outstanding, beginning of period~ J*D@Granted~ {GU@Canceled~ (\rU@Expired ? ?Vested~ QE@'RSUs outstanding, end of period~ R*QD@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6w#:no=PF0*8X> @r      l  !  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } -} U} $       MASIMO CORP 10-Q 10/31/2017 PSUs         Nine Months Ended  September 30, 2017  Units  Weighted Average Grant     Date Fair Value-%PSUs outstanding, beginning of period ? $?Granted~ = ףpV@Canceled~ HzV@Expired ? ?Vested ? ?'PSUs outstanding, end of period~ ̬V@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6w#:sz =PF0*8X> @r      l  [  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUsLeases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0.} } $ } } $ } } $ }        MASIMO CORP 10-Q 10/31/2017H@NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)          Three Months Ended  Nine Months Ended   September 30,   October 1,   September 30,   October 1, ~  ~  ~  ~  Risk-free interest rate  1.7% to 2.0%   1.0% to 1.3%   1.7% to 2.2%   1.0% to 1.9% Expected term (in years)@@@@Estimated volatility30.3% to 32.1%30.3% to 31.9%29.7% to 32.1%30.3% to 35.7%Expected dividends 0% 0% 0% 0%.&Weighted-average fair value of options33333;@= ףp1@= ףp;@ףp= *@granted$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2k_SG;[5xP=PF0*8X> @*   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } $}  $                            MASIMO CORP 10-Q 10/31/2017Leases              As of September 30, 2017   Operating  Capital  Total  Leases   Leases (1) 2017 (balance of year)~    $?  ~  ~ ~ .c ?~  .c ~ ~ S ?~  S ~ ~ v1 ?~  v1 ~ ~ ( ?~  (  Thereafter~ q ?~  q  Total~  $?~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6uX7I=PF0*8X> @                l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 1} $ }  } $}  $ } } $} $ }  } $} $ }  } $       MASIMO CORP 10-Q 10/31/2017H@NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)                                Three Months Ended  Nine Months Ended   September 30, 2017  October 1, 2016  September 30, 2017  October 1, 2016' Geographic area by destination:                United States ~ G   33333sP@ % ~    Q@ % ~    33333Q@ % ~ f   ̬Q@ %&Europe, Middle East and Africa~ S~ V~  u   -@~ >fffff2@~ ~0@Asia and Australia~ z~ *~     $@~ f)333333#@~ ~333333#@1)North and South America (excluding United~ Z @~  P    @~  @~ 333333@States)" Total product revenue~ ^ ~  %~  z   ~   %~ j!~  %~ ~  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4 k_SG; @               l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } -} $ }  } $}  $ } } $       MASIMO CORP 10-Q 10/31/2017H@NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)                  September 30, 2017  December 31, 2016- %Long-lived assets by geographic area:          United States ~    33333X@ % ~ B;    33333X@ %  International ~     @  ~     @  Total~ 6~  %~  >   ~   %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|k_SG;(#sg[3=PF0*8X> @Z      l  !W  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0} $ }  } $}  $ } } $} $ }  } $} $ }  } $ !      MASIMO CORP 10-Q 10/31/2017Results of Operations                              Three Months Ended  Nine Months Ended   September 30,   Percentage   October 1,   Percentage   September 30,   Percentage   October 1,   Percentage ~    of Revenue ~    of Revenue ~    of Revenue ~    of Revenue Revenue:               Product~ ^ ffffffW@ %~ z    fffffW@  %~ j!fffffW@ %~ W@ %!Royalty and other revenue~ @~ r   @ ~ @~ &k@ Total revenue~ r ~ ~ ;   ~   ~ "~ ~ 7~ Cost of goods sold~ @@~ n   fffff&A@ ~ 2 @@~ ~ @@ Gross profit~ fP@~    lP@ ~ DP@~ :P@Operating expenses:  +#Selling, general and administrative~ fffff@@~ և   @A@ ~ n 333333A@~ > ~  Research and development~ @~    "@ ~ ~ "~ !@ Total operating expenses~ D@~ |   33333E@ ~ 333333E@~  ffffffF@Operating income~ 8@~ ;   5@ ~ l8@~ 5@&Non-operating income (expense)~ ~?~ z   333333ӿ ~ ?~ ?0(Income before provision for income taxes~ fffff8@~ j3   5@ ~ rL8@~ &333335@"Provision for income taxes~ @~ v   @ ~ ~ffffff?~ 2~  Net income~ eL4@ %~    0@  %~ fffff6@ %~ 5333330@ %$____________________________1)Created by Morningstar Document Research.Dl~rfQvDH, 0 (http://documentresearch.morningstar.com/H=PF0*8X> @JI                               l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 1} $ }  } $}  $ } } $} $ } U} $       MASIMO CORP 10-Q 10/31/2017iaComparison of the Three Months ended September 30, 2017 to the Three Months ended October 1, 2016                       Three Months Ended  September 30, 2017  October 1, 2016   Increase/   Percentage                 (Decrease)  Change  United States~ G   33333sP@ % ~    Q@ % ~ ~I   ffffff@ %&Europe, Middle East and Africa~ S~ V~ u   -@ ~ fffffM@Asia and Australia~ z~ *~    $@ ~ ffffff!@1)North and South America (excluding United~ Z @~ P    @ ~  (@States)" Total product revenue~ ^ ~  %~ z   ~    %~ G333333*@ %!Royalty and other revenue~ ~ r   ~ zO33333SQ@ Total revenue~ r ~ ;    ~ ^333333/@ %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/86 J>2&`xxnpWD?Z{oc;=PF0*8X> @                 l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0.} $ }  } $}  $ } } $} $ }  } $       MASIMO CORP 10-Q 10/31/2017iaComparison of the Three Months ended September 30, 2017 to the Three Months ended October 1, 2016                       Three Months Ended   September 30,   Gross Profit   October 1,   Gross Profit   Increase/   Percentage ~    Percentage ~    Percentage   (Decrease)  Change Product gross profit~ j"    P@ % ~ F   fffffP@ % ~ ^   ffffff+@ %.&Royalty and other revenue gross profit~ 33333W@~ r  ~   ~ bE@N@ Total gross profit~ fP@ %~    lP@  %~ !0@ %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/. J>2&"jcQG;/=PF0*8X> @                 l  0"  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} a} m}        MASIMO CORP 10-Q 10/31/2017iaComparison of the Three Months ended September 30, 2017 to the Three Months ended October 1, 2016      + #Selling, General and Administrative Three Months Ended  Percentage of Three Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~  33.8%~ և 34.5%~ u 13.0%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/* hJ>2& x=PF0*8X> @"  l  -  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} a} m}        MASIMO CORP 10-Q 10/31/2017iaComparison of the Three Months ended September 30, 2017 to the Three Months ended October 1, 2016       Research and Development Three Months Ended  Percentage of Three Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~  7.9%~  9.4%~ . (2.4)%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hJ>2&'=PF0*8X> @"  l  9  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} a} m}        MASIMO CORP 10-Q 10/31/2017iaComparison of the Three Months ended September 30, 2017 to the Three Months ended October 1, 2016      & Non-operating Income (Expense) Three Months Ended  Percentage of Three Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~ ~ 0.1%~ z (0.3)%~   (152.6)%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hJ>2&}=PF0*8X> @"  l  E  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} a} m}        MASIMO CORP 10-Q 10/31/2017iaComparison of the Three Months ended September 30, 2017 to the Three Months ended October 1, 2016      " Provision for Income Taxes Three Months Ended  Percentage of Three Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~  4.7%~ v 4.9%~   9.0%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hJ>2&'=PF0*8X> @"  l  Y  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 1} $ }  } $}  $ } } $} $ } U} $       MASIMO CORP 10-Q 10/31/2017g_Comparison of the Nine Months ended September 30, 2017 to the Nine Months ended October 1, 2016                       Nine Months Ended  September 30, 2017  October 1, 2016   Increase/   Percentage                 (Decrease)  Change  United States~    33333Q@ % ~ f   ̬Q@ % ~ *   333333@ %&Europe, Middle East and Africa~ >fffff2@~ ~   0@ ~ N?~ fAsia and Australia~ f)333333#@~ ~   333333#@ ~ Mffffff%@1)North and South America (excluding United~  @~    333333@ ~ 236@States)" Total product revenue~ j!~  %~   ~    %~ K333333&@ %!Royalty and other revenue~ ~ &k   ~ ru33333SQ@ Total revenue~ "~ 7   ~ ~ 2 %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/83 L@4( c{{qoVC>Y~rf>=PF0*8X> @                 l  k  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } 0.} $ }  } $}  $ } } $} $ }  } $       MASIMO CORP 10-Q 10/31/2017g_Comparison of the Nine Months ended September 30, 2017 to the Nine Months ended October 1, 2016                       Nine Months Ended  September 30, 2017   Gross Profit  October 1, 2016   Gross Profit   Increase/   Percentage       Percentage       Percentage   (Decrease)  Change Product gross profit~ Zo   333333P@ % ~ M   333333P@ % ~ F"   333333&@ %.&Royalty and other revenue gross profit~ vlX@~ &k  ~   ~ RjL=@ Total gross profit~ DP@ %~ :   P@  %~ (@ %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.9 L@4( 70=PF0*8X> @               l  w  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} 0} m}        MASIMO CORP 10-Q 10/31/2017g_Comparison of the Nine Months ended September 30, 2017 to the Nine Months ended October 1, 2016      + #Selling, General and Administrative Nine Months Ended  Percentage of Nine Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~ n  34.4%~ >  36.0%~  7.1%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hL@4(| =PF0*8X> @"  l  A  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} 0} m}        MASIMO CORP 10-Q 10/31/2017g_Comparison of the Nine Months ended September 30, 2017 to the Nine Months ended October 1, 2016       Research and Development Nine Months Ended  Percentage of Nine Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~  8.0%~  8.8%~  2.2%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hL@4(-!=PF0*8X> @"  l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} 0} m}        MASIMO CORP 10-Q 10/31/2017g_Comparison of the Nine Months ended September 30, 2017 to the Nine Months ended October 1, 2016       Non-operating Income Nine Months Ended  Percentage of Nine Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~  0.2%~  0.1%~  211.8%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hL@4(/#=PF0*8X> @"  l  ƚ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)Cash Flows (1)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } } m} 0} m}        MASIMO CORP 10-Q 10/31/2017g_Comparison of the Nine Months ended September 30, 2017 to the Nine Months ended October 1, 2016      " Provision for Income Taxes Nine Months Ended  Percentage of Nine Months Ended  Percentage of  Increase/  Percentage  September 30, 2017  Net Revenues October 1, 2016  Net Revenues  (Decrease) Change~ ~ 1.4%~ 2 5.0%~  (68.1)%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hL@4((=PF0*8X> @"  l  3  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Stock Repurchase ProgramItem 6 Exhibits Exhibit 121U } $                            MASIMO CORP 10-Q 10/31/2017 Cash Flows            Nine Months Ended    September 30,   October 1,  ~  ~ ' Net cash (used in) provided by:   Operating activities~ ~ z_Investing activities~ V|~ Financing activities~ ~ f1)Effect of foreign currency exchange rates~ 0~  on cash80Increase (decrease) in cash and cash equivalents~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6}q}=.YF=PF0*8X> @       l     dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Item 6 Exhibits Exhibit 121U } -} $ }  } $ }  } $ } y} $       MASIMO CORP 10-Q 10/31/2017 Stock Repurchase Program               Period   Total Number   Average Price  Total Number of  Maximum Number    of Shares  Paid Per Share  Shares Purchased  of Shares that May    Purchased      as Part of Publicly  Yet Be Purchased          Announced Plans  Under the Plans or  or Programs   Programs (1)%July 2, 2017 to July 29, 2017 ? $?  ?  ~  ~ ( July 30, 2017 to August 26, 2017 ? ?  ?  ~  ~ -%August 27, 2017 to September 30, 2017~ ^ ףp= 7U@~  ^   ~  "  Total~ ^ ףp= 7U@~  ^   ~  " $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4" {ocn fg[O'=PF0*8X> @          l  >u  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase Program Exhibit 121U } y } $ } U} $ } I; >      MASIMO CORP 10-Q 10/31/2017Item 6. Exhibits EXHIBIT INDEX         ExhibitDescription of DocumentNumber@~ 91Amended and Restated Certificate of Incorporation (Exhibit 3.1) @~ .&Amended and Restated Bylaws adopted on&October 20, 2011 (Exhibit 3.2)ffffff@~ 1)Form of Common Stock Certificate (Exhibitffffff@@~ /'Fifth Amended and Restated Registration.&Rights Agreement made and entered into0(as of September 14, 1999, between Masimo3+Corporation and certain of its stockholders (Exhibit 4.2) 4.3#~ /'Masimo Retirement Savings Plan (Exhibit@ 10.1#~ 3+First Amendment to November 4, 2015 Amended0(and Restated Employment Agreement, dated80July 27, 2017, by and between Masimo CorporationD lw^RF:.^U$t [ !"#$%&'()*+,-./0123456789:;<=     and Joe Kiani. !10.2#!~ !!/!'Offer Letter, dated September 22, 2017,""""+"#between the Company and Micah Young #12.1*###.#&Statement Regarding the Computation of$$$$*$"Ratio of Earnings to Fixed Charges %31.1*%%%3%+Certification of Joe Kiani, Chief Executive&&&&/&'Officer, pursuant to Section 302 of the''''.'&Sarbanes-Oxley Act of 2002, as amended (31.2*(((5(-Certification of Micah Young, Chief Financial))))/)'Officer, pursuant to Section 302 of the****.*&Sarbanes-Oxley Act of 2002, as amended +32.1*+++3++Certification of Joe Kiani, Chief Executive,,,,1,)Officer, and Micah Young, Chief Financial----/-'Officer, pursuant to Section 906 of the......&Sarbanes-Oxley Act of 2002, as amended/101.INS*////XBRL Instance Document0101.SCH*000/0'XBRL Taxonomy Extension Schema Document1101.CAL*11141,XBRL Taxonomy Extension Calculation Linkbase22222Document3101.DEF*33333+XBRL Taxonomy Extension Definition Linkbase44444Document5101.LAB*555.5&XBRL Taxonomy Extension Label Linkbase66666Document7101.PRE*777,7$XBRL Taxonomy Extension Presentation88888Linkbase Document9:$;____________________________1<)Created by Morningstar Document Research.0=(http://documentresearch.morningstar.com/@b DL(Y&X.iFT_=PF0*8X> @"==<<;; l  !  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??+WASHINGTON DC 20549WASHINGTON DC 20549 (1)TABLE OF CONTENTS Balance SheetIncome StatementIncome Statement (1) Cash FlowsProperty and Equipment!NOTES TO CONDENSED CONSOLIDATEDComprehensive Income!NOTES TO CONDENSED CONSOLID (1)!Supplemental Cash Flow Informat 5 Inventories6 Other Current Assets7 Property and Equipment8 Intangible Assets!NOTES TO CONDENSED CONSOLID (2)!9 Accrued and Other Current Lia!11 Other NonCurrent Liabilities12 Stock Repurchase Program Stock OptionsRSUsPSUs!NOTES TO CONDENSED CONSOLID (3)Leases!NOTES TO CONDENSED CONSOLID (4)!NOTES TO CONDENSED CONSOLID (5)Results of Operations!Comparison of the Three Months  Comparison of the Three Mo (1) Comparison of the Three Mo (2) Comparison of the Three Mo (3) Comparison of the Three Mo (4) Comparison of the Three Mo (5)!Comparison of the Nine Months e!Comparison of the Nine Mont (1)!Comparison of the Nine Mont (2)!Comparison of the Nine Mont (3)!Comparison of the Nine Mont (4)!Comparison of the Nine Mont (5)Cash Flows (1)Stock Repurchase ProgramItem 6 ExhibitsU } $ !      MASIMO CORP 10-Q 10/31/2017 Exhibit 12.1Masimo Corporation* "Ratio of Earnings to Fixed Charges (Dollars in thousands)                            Nine Months EndedFiscal Year Ended September 30, December 31,   January 2,  January 3, December 28, December 29,~ ~  ~   ~ ~~ v~ r+#Ratio of earnings to fixed charges:   0(Income before provision for income taxes~ r~  ~    ~ f:~ :~  Fixed charges~ &~ RP ~  RV  ~ 4~ F*~ J'4,Noncontrolling interests in pre-tax (income) ? ? ~  v  ~ $~ ~ ~   lossTotal earnings~ >~  ~    ~ ~ ~ P Fixed charges   Interest expensed~ ~ 2 ~  6  ~ J ~ r~ 3+Estimated of interest within rental expense~ ~ ^ ~    ~ +~ )~ &Total fixed charges~ &~ RP ~  RV  ~ 4~ F*~ J'*"Ratio of earnings to fixed charges(\L@)\T@  zGa6@  zG?@Q8=@RQA@$____________________________1)Created by Morningstar Document Research.Dl{]/ _r %$  0 (http://documentresearch.morningstar.com/H=PF0*8X> @zO              Root Entry FBook  B  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxy