Quarterly Report — Form 10-Q Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-Q Quarterly Report HTML 1.06M
2: EX-3.1 Articles of Incorporation/Organization or Bylaws HTML 61K
3: EX-31.1 Certification -- §302 - SOA'02 HTML 28K
4: EX-31.2 Certification -- §302 - SOA'02 HTML 28K
5: EX-32.1 Certification -- §906 - SOA'02 HTML 25K
6: EX-32.2 Certification -- §906 - SOA'02 HTML 25K
13: R1 Cover Page HTML 75K
14: R2 Condensed Consolidated Balance Sheets (Unaudited) HTML 100K
15: R3 Condensed Consolidated Balance Sheets HTML 40K
(Parenthetical)
16: R4 Condensed Consolidated Statements of Comprehensive HTML 88K
Income (Unaudited)
17: R5 Condensed Consolidated Statements of Cash Flows HTML 102K
(Unaudited)
18: R6 Description of the Business HTML 26K
19: R7 Summary of Significant Accounting Policies HTML 70K
20: R8 Financial Instruments HTML 225K
21: R9 Balance Sheet Details and Other Financial HTML 70K
Information
22: R10 Revenue and Contract Acquisition Costs HTML 93K
23: R11 Leases HTML 47K
24: R12 Goodwill and Intangible Assets HTML 69K
25: R13 Contingencies HTML 36K
26: R14 Stockholders' Equity HTML 340K
27: R15 Share-Based Compensation HTML 98K
28: R16 Income Taxes HTML 30K
29: R17 Net Income Per Share HTML 51K
30: R18 Summary of Significant Accounting Policies HTML 69K
(Policies)
31: R19 Summary of Significant Accounting Policies HTML 53K
(Tables)
32: R20 Financial Instruments (Tables) HTML 230K
33: R21 Balance Sheet Details and Other Financial HTML 77K
Information (Tables)
34: R22 Revenue and Contract Acquisition Costs (Tables) HTML 104K
35: R23 Leases (Tables) HTML 67K
36: R24 Goodwill and Intangible Assets (Tables) HTML 65K
37: R25 Stockholders' Equity (Tables) HTML 344K
38: R26 Share-Based Compensation (Tables) HTML 103K
39: R27 Net Income Per Share (Tables) HTML 51K
40: R28 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - HTML 39K
Additional Information (Details)
41: R29 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - HTML 51K
Amortized Cost Basis by Year of Origination and
Credit Quality Indicator (Details)
42: R30 FINANCIAL INSTRUMENTS - Summary of Cash and HTML 91K
Available-For-Sale Securities (Details)
43: R31 FINANCIAL INSTRUMENTS - Summary of Contractual HTML 41K
Maturities of Cash Equivalents and
Available-For-Sale Investments (Details)
44: R32 FINANCIAL INSTRUMENTS - Summary of Equity HTML 47K
Investment Activity (Details)
45: R33 FINANCIAL INSTRUMENTS - Derivative Instruments HTML 32K
Used to Hedge against Balance Sheet Foreign
Currency Exposures (Details)
46: R34 FINANCIAL INSTRUMENTS - Gross Notional Amounts for HTML 37K
Outstanding Derivatives (Details)
47: R35 BALANCE SHEET DETAILS AND OTHER FINANCIAL HTML 32K
INFORMATION - Inventory (Details)
48: R36 BALANCE SHEET DETAILS AND OTHER FINANCIAL HTML 34K
INFORMATION - Prepaids and Other Current Assets
(Details)
49: R37 BALANCE SHEET DETAILS AND OTHER FINANCIAL HTML 34K
INFORMATION - Other Accrued Liabilities -
Short-term (Details)
50: R38 BALANCE SHEET DETAILS AND OTHER FINANCIAL HTML 32K
INFORMATION - Other Long-term Liabilities
(Details)
51: R39 BALANCE SHEET DETAILS AND OTHER FINANCIAL HTML 27K
INFORMATION - Supplemental Cash Flow Information
(Details)
52: R40 REVENUE AND CONTRACT ACQUISITION COSTS - Revenue HTML 45K
Disaggregated by Types and Geography (Details)
53: R41 REVENUE AND CONTRACT ACQUISITION COSTS - HTML 36K
Additional Information (Details)
54: R42 REVENUE AND CONTRACT ACQUISITION COSTS - Summary HTML 27K
of Contract Assets and Liabilities (Details)
55: R43 REVENUE AND CONTRACT ACQUISITION COSTS - HTML 28K
Sales-type and Operating Lease Revenue (Details)
56: R44 LEASES - Lease Receivables (Details) HTML 37K
57: R45 LEASES - Schedule of Contractual Maturities of HTML 38K
Gross Lease Receivables (Details)
58: R46 Intangible Assets, Goodwill and Other (Details) HTML 73K
59: R47 GOODWILL AND INTANGIBLE ASSETS - Schedule of HTML 30K
Summary of Changes in Goodwill (Details)
60: R48 GOODWILL AND INTANGIBLE ASSETS - Schedule of HTML 38K
Intangible Assets (Details)
61: R49 GOODWILL AND INTANGIBLE ASSETS - Schedule Of HTML 38K
Estimated Future Amortization Expense Of
Intangible Assets (Details)
62: R50 STOCKHOLDERS' EQUITY - Schedule of Stockholders HTML 93K
Equity (Details)
63: R51 STOCKHOLDERS' EQUITY - Schedule of Share HTML 36K
Repurchase Activities (Details)
64: R52 STOCKHOLDERS' EQUITY - Stock Repurchase Program HTML 33K
(Details)
65: R53 STOCKHOLDERS' EQUITY - Components of Accumulated HTML 95K
Other Comprehensive Income, Net of Tax (Details)
66: R54 SHARE-BASED COMPENSATION - Additional Information HTML 49K
(Details)
67: R55 SHARE-BASED COMPENSATION - Summary of Stock Option HTML 44K
Activity Under All Stock Plans (Details)
68: R56 SHARE-BASED COMPENSATION - Summary of RSU Activity HTML 47K
(Details)
69: R57 SHARE-BASED COMPENSATION - Stock-Based HTML 42K
Compensation Expense (Details)
70: R58 SHARE-BASED COMPENSATION - Schedule of Estimated HTML 39K
Fair Value of Option Using Black-Scholes Option
Pricing Model, Weighted Average Assumptions
(Details)
71: R59 INCOME TAXES - Additional Information (Details) HTML 40K
72: R60 NET INCOME PER SHARE - Computation of Basic and HTML 46K
Diluted Net Income Per Share (Details)
73: R61 NET INCOME PER SHARE - Additional Information HTML 25K
(Details)
75: XML IDEA XML File -- Filing Summary XML 138K
12: XML XBRL Instance -- isrg-20200930_htm XML 3.28M
74: EXCEL IDEA Workbook of Financial Reports XLSX 95K
8: EX-101.CAL XBRL Calculations -- isrg-20200930_cal XML 270K
9: EX-101.DEF XBRL Definitions -- isrg-20200930_def XML 485K
10: EX-101.LAB XBRL Labels -- isrg-20200930_lab XML 1.52M
11: EX-101.PRE XBRL Presentations -- isrg-20200930_pre XML 871K
7: EX-101.SCH XBRL Schema -- isrg-20200930 XSD 147K
76: JSON XBRL Instance as JSON Data -- MetaLinks 341± 540K
77: ZIP XBRL Zipped Folder -- 0001035267-20-000166-xbrl Zip 323K
Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
I, Marshall L. Mohr, certify that:
1.I have reviewed this quarterly report on Form 10-Q of Intuitive Surgical, Inc.;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))
for the registrant and have:
a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s
most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors
(or persons performing the equivalent functions):
a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
