0000000000-22-003868.txt : 20220524 0000000000-22-003868.hdr.sgml : 20220524 20220411143007 ACCESSION NUMBER: 0000000000-22-003868 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220411 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Cardiovascular Systems Inc CENTRAL INDEX KEY: 0001180145 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 411698056 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 1225 OLD HWY 8 NW CITY: ST. PAUL STATE: MN ZIP: 55112 BUSINESS PHONE: 651-259-1600 MAIL ADDRESS: STREET 1: 1225 OLD HWY 8 NW CITY: ST. PAUL STATE: MN ZIP: 55112 FORMER COMPANY: FORMER CONFORMED NAME: REPLIDYNE INC DATE OF NAME CHANGE: 20020813 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Points Chief Financial Officer Cardiovascular Systems, Inc. 1225 Old Highway 8 Northwest St. Paul, Minnesota 55112-6416 Re: Cardiovascular Systems, Inc. Form 10-K for the fiscal year ended June 30, 2021 Filed August 19, 2021 Response Dated February 17, 2022 File No.: 000-52082 Dear Mr. Points: We have reviewed your February 17, 2022 response to our comment letter and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our February 3, 2022 letter. Form 10-K for the fiscal year ended June 30, 2021 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Non-GAAP Financial Information, page 39 1. We appreciate the information provided to us in response to prior comment 1. We believe that your adjustment to exclude the IPR&D charge from Adjusted EBITDA is inconsistent with the guidance in Question 100.01 of the Non-GAAP Financial Measures Compliance and Disclosure Interpretations. Please confirm to us that you will no longer include this adjustment in any non-GAAP financial measure presented in accordance with Item 10(e) of Regulation S-K or Regulation G. You may contact Michael Fay at 202-551-3812 or Brian Cascio, Accounting Branch Jeffrey S. Points Cardiovascular Systems, Inc. April 11, 2022 Page 2 Chief, at 202-551-3676 if you have any questions. FirstName LastNameJeffrey S. Points Sincerely, Comapany NameCardiovascular Systems, Inc. Division of Corporation Finance April 11, 2022 Page 2 Office of Life Sciences FirstName LastName