Company research
MTS SYSTEMS CORP
CIK 68709Updated Sep 24, 2026
Securities
Historical securities (1)
MTSC · OTC · equity · closed Apr 6, 2021MTSC price & chart
Historical security
This listing closed Apr 6, 2021. Live provider charts are shown only for current listings.
In the news
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Recent filings
Financials
FY 2020 · USDSource
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balance sheet · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,150,231,000Source | 1,297,977,000Source | 1,139,396,000Source | 1,189,692,000Source |
| Property, Plant and Equipment, NetUSD | 95,110,000Source | 101,083,000Source | 90,269,000Source | 99,930,000Source |
| GoodwillUSD | 228,640,000Source | 429,039,000Source | 369,275,000Source | 369,762,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 295,095,000Source | 306,585,000Source | 246,138,000Source | 255,079,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 88,913,000Source | 57,937,000Source | 71,804,000Source | 108,733,000Source |
| Inventory, NetUSD | 174,241,000Source | 167,199,000Source | 139,109,000Source | 127,728,000Source |
| Assets, CurrentUSD | 501,001,000Source | 450,488,000Source | 428,202,000Source | 457,249,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 24,429,000Source | 23,761,000Source | 24,572,000Source | 19,880,000Source |
| Operating Lease, Right-of-Use AssetUSD | 18,522,000Source | — | — | — |
| Other Assets, NoncurrentUSD | 23,313,000Source | 3,553,000Source | 2,263,000Source | 4,116,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 929,048,000Source | 813,918,000Source | 661,464,000Source | 760,915,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 4,816,000Source | 4,781,000Source | 4,464,000Source | 4,440,000Source |
| Retained Earnings (Accumulated Deficit)USD | 31,768,000Source | 315,329,000Source | 300,585,000Source | 261,258,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,981,000Source | -18,473,000Source | 1,476,000Source | -553,000Source |
| Stockholders' Equity Attributable to ParentUSD | 221,183,000Source | 484,059,000Source | 477,932,000Source | 428,777,000Source |
| Additional Paid in Capital, Common StockUSD | 189,580,000Source | 182,422,000Source | 171,407,000Source | 163,632,000Source |
| Liabilities and EquityUSD | 1,150,231,000Source | 1,297,977,000Source | 1,139,396,000Source | 1,189,692,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 296,851,000Source | 251,576,000Source | 239,113,000Source | 247,389,000Source |
| Operating Lease, Liability, CurrentUSD | 7,014,000Source | — | — | — |
| Accounts Payable, CurrentUSD | 51,562,000Source | 46,849,000Source | 47,886,000Source | 47,515,000Source |
| Operating Lease, Liability, NoncurrentUSD | 11,508,000Source | — | — | — |
| Deferred Income Tax Liabilities, NetUSD | 35,513,000Source | 41,531,000Source | 46,482,000Source | — |
| Other Liabilities, NoncurrentUSD | 28,880,000Source | 15,164,000Source | 4,894,000Source | 5,558,000Source |
| Additional Financial Items | ||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | 10,420,000Source | 11,539,000Source | 6,616,000Source | 6,452,000Source |
| Deferred Tax Liabilities, NetUSD | 28,441,000Source | 34,302,000Source | 43,233,000Source | 71,425,000Source |
| Dividends Payable, CurrentUSD | 0Source | 5,695,000Source | 5,312,000Source | — |
| Dividends PayableUSD | 0Source | 5,695,000Source | 5,312,000Source | 5,278,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 541,730,000Source | 484,648,000Source | 355,640,000Source | 418,544,000Source |
cash flow · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 46,687,000Source | 37,975,000Source | 34,492,000Source | 35,523,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,150,000Source | 9,397,000Source | 7,283,000Source | 5,600,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 6,085,000Source | -8,702,000Source | 12,343,000Source | 2,253,000Source |
| Increase (Decrease) in Accounts PayableUSD | -7,428,000Source | -4,624,000Source | -846,000Source | 1,751,000Source |
| Deferred Income Tax Expense (Benefit)USD | -16,328,000Source | -9,655,000Source | -29,614,000Source | -12,716,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 47,849,000Source | 73,463,000Source | 63,247,000Source | 71,652,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 49,361,000Source | 151,956,000Source | 0Source | 853,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -72,219,000Source | -182,756,000Source | -4,705,000Source | -18,606,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -87,000Source | 285,000Source | -823,000Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 23,893,000Source | 30,525,000Source | 12,321,000Source | 17,798,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 1,208,000Source | 1,533,000Source | 1,403,000Source | 1,785,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 51,413,000Source | 97,403,000Source | -94,566,000Source | -30,481,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 30,976,000Source | -13,867,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 88,913,000Source | 57,937,000Source | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 33,250,000Source | 22,136,000Source | 22,224,000Source | — |
| Income Taxes Paid, NetUSD | 13,826,000Source | 11,406,000Source | 11,380,000Source | 11,478,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,933,000Source | -1,977,000Source | — | — |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 499,000Source | — | — | — |
| Share-based Payment Arrangement, ExpenseUSD | 7,150,000Source | 9,397,000Source | 7,283,000Source | 5,600,000Source |
| Amortization of Debt Issuance CostsUSD | 3,197,000Source | 6,765,000Source | 4,644,000Source | 3,863,000Source |
| Amortization of Intangible AssetsUSD | 22,844,000Source | 17,361,000Source | 13,831,000Source | 14,665,000Source |
| Capitalized Computer Software, AmortizationUSD | 264,000Source | 176,000Source | 30,000Source | 892,000Source |
| DepreciationUSD | 23,843,000Source | — | — | — |
| Dividends Payable, CurrentUSD | 0Source | 5,695,000Source | 5,312,000Source | — |
| Dividends PayableUSD | 0Source | 5,695,000Source | 5,312,000Source | 5,278,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -636,000Source | -200,000Source | 104,000Source | -2,499,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -4,311,000Source | -1,442,000Source | 4,162,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | 0Source | -503,000Source |
| General and Administrative ExpenseUSD | 96,089,000Source | 86,658,000Source | 79,240,000Source | 87,539,000Source |
| GoodwillUSD | 228,640,000Source | 429,039,000Source | 369,275,000Source | 369,762,000Source |
| Goodwill, Impairment LossUSD | 241,518,000Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 49,871,000Source | — | — | — |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | -11,655,000Source | 5,546,000Source | -17,105,000Source | -2,073,000Source |
| Net Income (Loss) Attributable to ParentUSD | -272,051,000Source | 43,067,000Source | 61,328,000Source | 25,084,000Source |
| Operating ExpensesUSD | 535,875,000Source | 249,225,000Source | 240,357,000Source | 247,450,000Source |
| Operating Lease, ExpenseUSD | 9,786,000Source | — | — | — |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of TaxUSD | — | — | 598,000Source | -98,000Source |
| Other Nonoperating Income (Expense)USD | -2,249,000Source | 466,000Source | 4,933,000Source | -996,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 0Source | 0Source |
| Stock or Unit Option Plan ExpenseUSD | 1,760,000Source | 2,415,000Source | 1,849,000Source | 1,588,000Source |
income statement · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Total RevenueUSD | 828,586,000Source | 892,518,000Source | 778,032,000Source | 787,955,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -247,487,000Source | 79,705,000Source | 65,172,000Source | 54,828,000Source |
| Other Nonoperating Income (Expense)USD | -2,249,000Source | 466,000Source | 4,933,000Source | -996,000Source |
| Income Tax Expense (Benefit)USD | -11,655,000Source | 5,546,000Source | -17,105,000Source | -2,073,000Source |
| Net Income (Loss) Attributable to ParentUSD | -272,051,000Source | 43,067,000Source | 61,328,000Source | 25,084,000Source |
| Earnings Per Share, BasicUSD per share | -14.16Source | 2.24Source | 3.2Source | 1.32Source |
| Earnings Per Share, DilutedUSD per share | -14.16Source | 2.21Source | 3.18Source | 1.31Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 19,212,000Source | 19,258,000Source | 19,163,000Source | 19,040,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 19,212,000Source | 19,447,000Source | 19,293,000Source | 19,137,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 22,844,000Source | 17,361,000Source | 13,831,000Source | 14,665,000Source |
| Capitalized Computer Software, AmortizationUSD | 264,000Source | 176,000Source | 30,000Source | 892,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.6Source | 1.2Source | 1.2Source | 1.2Source |
| Cost of Goods Sold (Deprecated 2018-01-31)USD | — | — | — | 427,405,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -636,000Source | -200,000Source | 104,000Source | -2,499,000Source |
| General and Administrative ExpenseUSD | 96,089,000Source | 86,658,000Source | 79,240,000Source | 87,539,000Source |
| Goodwill, Impairment LossUSD | 241,518,000Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 288,388,000Source | 328,930,000Source | 305,529,000Source | 302,278,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -198,607,000Source | 17,474,000Source | 6,139,000Source | -9,658,000Source |
| Interest ExpenseUSD | — | — | — | 30,821,000Source |
| Interest Income (Expense), NetUSD | -33,970,000Source | -31,558,000Source | -25,882,000Source | — |
| Operating ExpensesUSD | 535,875,000Source | 249,225,000Source | 240,357,000Source | 247,450,000Source |
| Operating Lease, ExpenseUSD | 9,786,000Source | — | — | — |
| Research and Development ExpenseUSD | 28,109,000Source | 30,928,000Source | 34,784,000Source | 34,999,000Source |
| Sales Revenue, Goods, Net (Deprecated 2018-01-31)USD | — | — | — | 691,471,000Source |
| Sales Revenue, Services, Net (Deprecated 2018-01-31)USD | — | — | — | 96,484,000Source |
| Selling and Marketing ExpenseUSD | 120,288,000Source | 131,639,000Source | 126,333,000Source | 124,912,000Source |