Medical Information Technology, Inc.: 10-K filed 2019-01-31

Name: Medical Information Technology, Inc.: 10-K filed 2019-01-31
Creator: Medical Information Technology, Inc.

What Medical Information Technology, Inc. reported in its annual report filed 2019-01-31 (fiscal FY 2018): 29 published measures, 87 facts as tagged in accession 0001011452-19-000002.

This filing

Form: 10-K (annual report)
Filed: 2019-01-31
Fiscal period: fiscal FY 2018
Accession: 0001011452-19-000002 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Medical Information Technology, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit
At 2018-12-31	569,459,952	USD
At 2017-12-31	619,228,517	USD
At 2016-12-31	634,294,572	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit
At 2018-12-31	108,559,224	USD
At 2017-12-31	122,300,267	USD
At 2016-12-31	110,759,875	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2018-12-31	460,900,728	USD
At 2017-12-31	496,928,250	USD
At 2016-12-31	523,534,697	USD
At 2015-12-31	538,429,058	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2018-12-31	23,095,977	USD
At 2017-12-31	17,436,627	USD
At 2016-12-31	14,089,951	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	56,205,796	USD	365
2017-01-01 to 2017-12-31	77,428,576	USD	365
2016-01-01 to 2016-12-31	72,890,198	USD	366

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	90,526,189	USD	365
2017-01-01 to 2017-12-31	65,337,714	USD	365
2016-01-01 to 2016-12-31	62,066,105	USD	366

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	-14,541,509	USD	365
2017-01-01 to 2017-12-31	-10,375,066	USD	365
2016-01-01 to 2016-12-31	-7,557,283	USD	366

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	488,188,746	USD	365
2017-01-01 to 2017-12-31	480,903,895	USD	365
2016-01-01 to 2016-12-31	462,256,468	USD	366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	-92,233,318	USD	365
2017-01-01 to 2017-12-31	-92,233,318	USD	365
2016-01-01 to 2016-12-31	-92,233,318	USD	366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	7,366,479	USD	365
2017-01-01 to 2017-12-31	30,242,280	USD	365
2016-01-01 to 2016-12-31	20,691,265	USD	366

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	4,000,366	USD	365
2017-01-01 to 2017-12-31	19,057,203	USD	365
2016-01-01 to 2016-12-31	29,080,750	USD	366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit
At 2018-12-31	212,199,210	USD
At 2017-12-31	214,116,362	USD
At 2016-12-31	218,053,206	USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	64,767,273	USD	365
2017-01-01 to 2017-12-31	63,981,134	USD	365
2016-01-01 to 2016-12-31	69,891,192	USD	366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit
At 2018-12-31	340,573,083	USD
At 2017-12-31	386,422,571	USD
At 2016-12-31	394,114,414	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit
At 2018-12-31	79,110,535	USD
At 2017-12-31	84,560,572	USD
At 2016-12-31	59,119,151	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit
At 2018-12-31	701,524	USD
At 2017-12-31	227,663	USD
At 2016-12-31	222,615	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	423,421,473	USD	365
2017-01-01 to 2017-12-31	416,922,761	USD	365
2016-01-01 to 2016-12-31	392,365,276	USD	366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit
At 2018-12-31	37,190,854	shares
At 2017-12-31	37,190,854	shares
At 2016-12-31	37,190,854	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit
At 2018-12-31	0	USD
At 2017-12-31	47,195,304	USD
At 2016-12-31	46,416,093	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit
At 2018-12-31	-175,832,443	USD
At 2017-12-31	-178,192,159	USD
At 2016-12-31	-167,211,794	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit
At 2018-12-31	8,430,515	USD
At 2017-12-31	9,466,338	USD
At 2016-12-31	10,764,422	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit
At 2018-12-31	17,039,282	USD
At 2017-12-31	18,584,766	USD
At 2016-12-31	18,229,173	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit
At 2018-12-31	23,916,832	USD
At 2017-12-31	22,831,337	USD
At 2016-12-31	22,542,136	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2017-01-01 to 2017-12-31	78,207,787	USD	365
2016-01-01 to 2016-12-31	77,338,957	USD	366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	14,396,957	USD	365
2017-01-01 to 2017-12-31	14,433,528	USD	365
2016-01-01 to 2016-12-31	15,009,723	USD	366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	0	USD	365
2017-01-01 to 2017-12-31	0	USD	365
2016-01-01 to 2016-12-31	-3,998,277	USD	366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	15,403,260	USD	365
2017-01-01 to 2017-12-31	22,313,039	USD	365
2016-01-01 to 2016-12-31	31,578,902	USD	366

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	13,762,134	USD	365
2017-01-01 to 2017-12-31	-8,948,463	USD	365
2016-01-01 to 2016-12-31	-1,086,837	USD	366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	473,861	USD	365
2017-01-01 to 2017-12-31	5,048	USD	365
2016-01-01 to 2016-12-31	-61,845	USD	366

Inspect the source

Entity: Medical Information Technology, Inc. / CIK 0001011452
Captured: 2026-09-23 02:44 UTC
SEC response SHA-256: f572256ab4fe6ce457b78b55993c7ccf2bc707c899228e299af4f26f0d61ed75

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001011452.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))