ࡱ> QR 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#܈ ~~7#܈ ~~<#܈ ~~4#܈ ~~3#܈ ~~83ffff̙̙3f3fff3f3f33333f33&rMASIMO CORPORATIONExact name of#MASIMO CORPORATIONExact (1)xNot Applicable#Not Applicable (1)J* SIGNATURES&1Q3 2017 Highlights compared to k;ForwardLooking Statements&GB Masimo SET Signal Extraction Z Masimo SET Signal (1) lv Masimo SET Signal (2)  Masimo SET Signal (3) l  Q  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? MASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } I"} $ } <} $ }        MASIMO CORP 8-K 10/31/2017g________________________MASIMO CORPORATION(Exact name of registrant as specified in its charter)      Delaware   001-33642   33-0368882$ (State or other jurisdiction   (Commission   (IRS Employer of incorporation)   File Number)  Identification No.) $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(cTMA5)n=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofNot ApplicableNot Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } 0} $ }        MASIMO CORP 8-K 10/31/2017g________________________MASIMO CORPORATION(Exact name of registrant as specified in its charter)     52 Discovery ~ * Irvine, California0 ((Address of principal executive offices)   (Zip Code) $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(TMA5)SG;=PF0*8X> @ l  % "  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } $} U} $ %      MASIMO CORP 8-K 10/31/2017Not Applicable    o/ 'Written communications pursuant to Rule 5 -425 under the Securities Act (17 CFR 230.425) o3 +Soliciting material pursuant to Rule 14a-12 2 *under the Exchange Act (17 CFR 240.14a-12) o0(Pre-commencement communications pursuant/'to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2 (b)) o0(Pre-commencement communications pursuant/'to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c))5-Indicate by check mark whether the registrant0(is an emerging growth company as defined:2in Rule 405 of the Securities Act of 1933(?230.40580of this chapter) or Rule 12b-2 of the Securities0(Exchange Act of 1934 (?240.12b-2 of this chapter).Emerging growth company o/'If an emerging growth company, indicate o3+by check mark if the registrant has elected1)not to use the extended transition periodDlznJ ?Pw9x`H !"#$U Mfor complying with any new or revised financial ____________________________Y!Qaccounting standards provided pursuant Created by Morningstar Document Research.Z"Rto Section 13(a) of the Exchange Act. http://documentresearch.morningstar.com/#$PJ=PF0*8X> @""!!      l  )  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not Applicable SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } I } 0       MASIMO CORP 8-K 10/31/2017Not Applicable   Exhibit  Description  No. fffffX@0 (Press Release, dated September 30, 2017, . &Reporting Third Quarter 2017 FinancialResults$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|znV,yma9=PF0*8X> @ l  s0  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1)!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } I } 0       MASIMO CORP 8-K 10/31/2017 SIGNATURES EXHIBIT INDEX   Exhibit  Description No. fffffX@0 (Press Release, dated September 30, 2017, . &Reporting Third Quarter 2017 FinancialResults$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|~eM#qeY1=PF0*8X> @" l  :  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1) SIGNATURESForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } $ } $} $ } y<       MASIMO CORP 8-K 10/31/20171)Q3 2017 Highlights (compared to Q3 2016):      ? 2 *Total revenue, including royalty and other   2 *revenue increased 15.6% to $193.7 million.  ? 1 )Product revenue increased 13.1% to $181.3    million. ?5-Masimo rainbow ? revenue increased 19.9%to $21.5 million. ?:251,100 SET ? and rainbow SET ? oximeters were shipped ?1)Net income of $39.2 million, or $0.70 per.&diluted share versus $27.8 million, or/'$0.52 per diluted share in the year-agoperiod$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:dwk_S#n~=DaUI!=PF0*8X> @ l  A  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } %} $ } !       MASIMO CORP 8-K 10/31/2017"Forward-Looking Statements      ' Investor Contact: Eli Kammerman # Media Contact: Irene Paigah (949) 297-7077  (858) 859-7001 ekammerman@masimo.com  irenep@masimo.com$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hznb>|2&=PF0*8X> @ l  7N2X  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements Masimo SET Signal (1) Masimo SET Signal (2) Masimo SET Signal (3)U } 2} $ 7      MASIMO CORP 8-K 10/31/2017kc# # # Masimo, SET, Signal Extraction Technology, Improving Patient Outcome and Reducing Cost of CarMASIMO CORPORATION- %CONDENSED CONSOLIDATED BALANCE SHEETS! (unaudited, in thousands)           September 30, December 31,~ ~ ASSETSCurrent assets!Cash and cash equivalents~ b~ ʬ-%Accounts receivable, net of allowance~ Z~ 4for doubtful accounts 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~ 2,$LIABILITIES AND STOCKHOLDERS? EQUITYD9 lI=1%9HrQ:l W !"#$%&'()*+,-./0123456 Current liabilities   !Accounts payable~ !t!!~ !z!"Accrued compensation~ """~ ""-#%Accrued and other current liabilities~ #s##~ #:c#$Deferred revenue~ $f$$~ $T$!%Total current liabilities~ %ֆ %%~ %:s %&Deferred revenue~ &&&~ &&%'Other non-current liabilities~ '''~ ''(Total liabilities~ (օ ((~ ((%)Commitments and contingencies)))*Stockholders? equity***+ Common stock~ +++~ ++,Treasury stock~ ,,,~ ,2S,"-Additional paid-in capital~ -jh--~ -T-,.$Accumulated other comprehensive loss~ ...~ .6./Retained earnings~ /j+//~ /#/"0Total stockholders? equity~ 0+00~ 01"021*Total liabilities and stockholders? equity~ 1^M711~ 12123$4____________________________15)Created by Morningstar Document Research.06(http://documentresearch.morningstar.com/2 a4s `j7[OC=PF0*8X> @@66554411110000////....----,,,,++++((((''''&&&&%%%%$$$$####""""!!!!   l  /'lUs  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (2) Masimo SET Signal (3)U } 1} $ /      MASIMO CORP 8-K 10/31/2017kc# # # Masimo, SET, Signal Extraction Technology, Improving Patient Outcome and Reducing Cost of CarMASIMO CORPORATION- % CONDENSED CONSOLIDATED STATEMENTS OF  OPERATIONS2 *(unaudited, in thousands, except per share amounts)      Three Months Ended Nine Months Ended September 30, October 1,  September 30,   October 1,~ ~ ~   ~  Revenue:   Product~ ^ ~ z ~  j!  ~  !Royalty and other revenue~ ~ r~    ~  &k Total revenue~ r ~ ; ~  "  ~  7Cost of goods sold~ ~ n~  2   ~  ~  Gross profit~ f~ ~  D  ~  :Operating expenses:   +#Selling, general and administrative~ ~ և~  n   ~  >  Research and development~ ~ ~    ~   Total operating expenses~ ~ |~    ~   Operating income~ ~ ;~  l  ~  &Non-operating income (expense)~ ~~ z~    ~  0(Income before provision for income taxes~ ~ j3~  r  ~  &"Provision for income taxes~ ~ v~  ~  ~  2D(lI=1%vjWaZZC( !"#$%&'()*+,-.  Net income~ e  ~   ~   ~ 5 !!!!!! ! ! "Net income per share:""""" " "  #Basic#?###Q?### ffffff@# # # Gz?#$Diluted$ffffff?$$$p= ף?$$$ @$ $ $ Q?$%%%%%% % % 1&)Weighted-average shares used in per share&&&&& & & ' calculations: (Basic~ (-((~ (((~ ( 6$( ( ~ ( ()Diluted~ )m))~ )D))~ ) ~j) ) ~ ) 9)*+$,____________________________1-)Created by Morningstar Document Research.0.(http://documentresearch.morningstar.com/"^-D+=PF0*8X> @V..--,,)))))) )) (((((( (( $$$$$$ $$ ###### ##                                      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (3)U } *} $       MASIMO CORP 8-K 10/31/2017kc# # # Masimo, SET, Signal Extraction Technology, Improving Patient Outcome and Reducing Cost of Car                  Three Months Ended  Nine Months Ended   September 30,   October 1,   September 30,   October 1, ~  ~  ~  ~  Cost of goods sold~ v  ~   ~    ~ 6 +#Selling, general and administrative~ F?~ '~    ~  Jr Research and development~ 6~  ~  .#  ~    Total~ N~ 6~    ~  v$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0I=1%Yxf^RF=PF0*8X> @                  l  C  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? !MASIMO CORPORATIONExact name ofMASIMO CORPORATIONExact (1)Not ApplicableNot Applicable (1) SIGNATURES!Q3 2017 Highlights compared to ForwardLooking Statements! Masimo SET Signal Extraction Masimo SET Signal (1) Masimo SET Signal (2)U } :} $ C      MASIMO CORP 8-K 10/31/2017kc# # # Masimo, SET, Signal Extraction Technology, Improving Patient Outcome and Reducing Cost of CarMASIMO CORPORATION, $CONDENSED CONSOLIDATED STATEMENTS OF  CASH FLOWS! (unaudited, in thousands)         Nine Months Ended September 30, October 1,~ ~ -%Cash flows from operating activities: Net income~ ~ 5.&Adjustments to reconcile net income to2*net cash provided by operating activities:%Depreciation and amortization~ ~  Stock-based compensation~ ~ v/'Loss on disposal of property, equipment~ ~ zand intangibles4,Gain on deconsolidation of variable interest ?~ entity+#Provision for deferred income taxes ?~ *N4,Changes in operating assets and liabilities:'Increase in accounts receivable~ ~ .Increase in inventories~ i~ r( Increase in other current assets~ R~ F6D lI=1%07Uq< !"#$%&'()*+,-./0123456789:;<=>?/ 'Increase in deferred cost of goods sold~ j  ~ O ,!$Increase in other non-current assets~ !!!~ !!$"Increase in accounts payable~ ":""~ ""(# Decrease in accrued compensation~ #q##~ #Z#'$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:///'0Borrowings under line of credit 0?00~ 0"0$1Repayments on line of credit 1?11~ 1E12Debt issuance costs 2?22~ 2N2/3'Repayments of capital lease obligations~ 333~ 33.4&Proceeds from issuance of common stock~ 4vf44~ 4>4#5Repurchases of common stock~ 5Bf55~ 5506(Net cash provided by (used in) financing~ 666~ 6f67 activities18)Effect of foreign currency exchange rates~ 8088~ 8 89on cash1:)Net decrease in cash and cash equivalents~ :::~ ::.;&Cash and cash equivalents at beginning~ ;ʬ;;~ ;v;< of period2=*Cash and cash equivalents at end of period~ =b==~ ==>?D lIk,Od=w Hcrux@AB$@____________________________1A)Created by Morningstar Document Research.0B(http://documentresearch.morningstar.com/ (=PF0*8X> @rNBBAA@@====;;;;::::88886666555544443333222211110000....,,,,++++****))))''''&&&&%%%%$$$$####""""!!!!      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