hska-20200804
0001038133FALSE970493-72728-KAugust 4, 2020HESKA CORPORATION3760 Rocky Mountain AvenueLovelandColorado8053800010381332020-05-212020-05-21

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
(Amendment No.)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
August 4, 2020
Date of Report (Date of earliest event reported)
HESKA CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware000-2242777-0192527
(State or other jurisdiction of
incorporation)
(Commission File Number)(I.R.S. Employer Identification No.)
3760 Rocky Mountain Avenue
Loveland, Colorado
(Address of principal executive offices)
80538
(Zip Code)
Registrant's telephone number, including area code
(970) 493-7272
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, $0.01 par valueHSKAThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o





Item 2.02 Results of Operations and Financial Condition.
        The information in this current report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended.
        On August 4, 2020, Heska Corporation announced its financial results for the quarter ended June 30, 2020 and certain other information. A copy of the press release announcing these financial results and certain other information is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.
        The following exhibit is furnished with this current report on Form 8-K:
Exhibit Number
  
Description
  Press Release dated August 4, 2020.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HESKA CORPORATION,
a Delaware corporation
Dated: August 4, 2020
By: /s/ Catherine Grassman
      Catherine Grassman
Executive Vice President, Chief Financial Officer (Principal Financial and Accounting Officer)



Document

Exhibit 99.1
Heska Corporation
Jon Aagaard
Investor Relations
970.619.3033
investorrelations@heska.com
  
Heska Corporation Reports Second Quarter 2020 Results
Record Quarterly Revenues Up 62.4% to $45.7 Million
Reaffirms 2020 Consolidated Revenues and Other Key Targets
LOVELAND, CO, August 4, 2020 -- Heska Corporation (NASDAQ: HSKA; “Heska” or “Company”), a leading provider of advanced veterinary diagnostic and specialty products, reported financial results in two segments (North America and International) for its second quarter ended June 30, 2020. The Company forecast provided in the May 7, 2020 release is referred to as "2020 Combined Outlook". As a result of the Company's reporting segments structure change outlined in this release, the Company is providing a recast of 2020 Combined Outlook full year guidance ("2020 Recast Outlook"). Point of Care is "POC" and scil animal care company GmbH is "scil" in this release.
Second Quarter 2020 and Year Over Year ("YOY") Metrics
$ in millions except Earnings Per Share ("EPS")

Q2 ($)Q2 (%) YOY
Consolidated Revenue$45.762.4%
North America Revenue$29.09.8%
International Revenue$16.7
1
Q2 (%)
Q2 YOY bps2
Consolidated Gross Margin39.1%-500
Q2Q2 (%) YOY
Net loss attributable to Heska$(6.4)
1
Adjusted EBITDA Margin3
9.1%2.7%
EPS, Diluted$(0.72)
1
Non-GAAP EPS, Diluted3
$0.00(100.0)%
1 Comparable percentage variances are not meaningful. 2 "bps" is basis points. 3 See “Use of Non-GAAP Financial Measures” and related reconciliations provided below.
Second Quarter 2020 Highlights
Revenue benefited by growth in Heska Point of Care Lab Consumables and the recently completed scil acquisition.
As anticipated, consolidated gross margin was impacted by acquired lower scil margin. Year over year, North America quarterly sales rose 9.8% at a steady 44.0% gross margin and International sales and gross margin met the Company's targets.



Net loss and diluted EPS impacted by one-time transaction and restructuring costs of the acquisition of scil. Non-GAAP diluted EPS impacted by cash interest charge in the current period.
Heska subscriber retention continues to be strong and in-line with Company targets.
Contract Subscriptions Value ("CSV") rose 17% in the period to record levels in the United States.
Research, development, and commercial launch of key projects progressed in-line with previously stated timelines.

Kevin Wilson, Heska’s Chief Executive Officer and President, commented, “Heska is healthier and more strongly positioned today than when we began the year. Despite COVID-19 challenges, the overall animal health space reconfirmed its decades-long resiliency and Heska again continued its upward trajectory within this healthy industry. Heska reported record second quarter revenue driven by growth in our core POC Lab Consumables and from our April 1, 2020 scil acquisition. Integration of our recent international acquisitions are on track and we remain confident in our ability to meaningfully grow and improve these businesses. We continue to believe we will achieve our goals for the full year in 2020, and we are strongly optimistic we will achieve our goals for the second half of our (2018-2023) strategic plan. End user demand has returned to near-normal levels in both of our segments and we have served this demand well in our remote workforce posture. Veterinary hospital businesses are healthy and they continue to grow their Heska utilization because they and pet families need, now more than ever, our critical service and great value. In the second quarter, we managed well through supply chain challenges and anticipate no major disruptions the second half. Our teams and their families continue to be healthy, our balance sheet is in great shape, and Heska's brand is stronger than ever. In any environment these are excellent results about which we should be pleased, but, in light of the worldwide challenges we all have faced this year, these results are cause for deep and humble thanksgiving for our good fortune during this very difficult time for so many.”
Mr. Wilson continued, "In 2018 we declared our (2018-2023) five year strategic plan to (1) double the geographies and customers we serve, (2) double the products and revenue lines we offer, and (3) grow our current core businesses. We have succeeded in doubling the geographies and customers we serve by organically expanding in Australia and acquiring leading businesses within the indispensable markets of Germany, France, Italy, and Spain. We are well on the way to doubling the products and revenues lines we offer as we roll out the most ambitious POC diagnostic products pipeline in the Company's (and perhaps the veterinary industry's) history. And we continue to make solid progress in growing our current businesses. We are executing the plan. Of course, there is a great deal of work to be done. Our competition votes “no” to our ambitions each day and their efforts against us are formidable. Adding to the challenge



are several macro headwinds that will continue for the foreseeable future, including COVID-19 impacts, international trade-currency-tax uncertainties, geopolitical and U.S. election tensions, shifting competitive threats, and society-wide race and wealth friction. In spite of this, we believe in ourselves, in the decades-long resiliency of animal health, and in our strategic plan, which is focused, compelling, and achievable. With our plans resolutely in motion and largely on schedule, Heska accomplished a great deal in the first half of 2020 and we expect to do so again in the second half of the year and in this second half of our strategic plan,” concluded Mr. Wilson.
Second Quarter Financial Results
Change in Segment Reporting
During the second quarter of 2020, as a result of recent acquisitions, growth of our diagnostic product lines relative to our other products, and other factors, the Company modified its internal reporting structure to better align the way financial information is reported to and analyzed by executive leadership. Previously, the Company reported in two segments: Core Companion Animal ("CCA") and Other Vaccines and Pharmaceuticals ("OVP"). Prior to recent business development activity, the Company operated primarily in the United States. The acquisition of scil on April 1, 2020 created a significant presence for the Company outside of the United States. The Company will now report sales and cost of sales into two geographic segments:

North America: consists of the United States, Canada and Mexico
International: consists of all markets outside of the North America segment, currently comprised primarily of Australia, France, Germany, Italy, Malaysia, Spain and Switzerland

The Company's core strategic POC Lab and POC Imaging diagnostics products are included in both segments. The North America segment also includes the contract manufacturing sales of vaccines, pharmaceuticals and other products from our Diamond Animal Health facilities in Des Moines, Iowa. Changes in the segment structure affect only the manner in which the results of the Company’s reportable segments were previously reported and do not restate previously reported consolidated statements.







Revenue
North America Segment Revenue
Q2 ($)Q2 (%) YOY
North America Revenue$29.09.8%
POC Lab Instruments & Other$3.02.3%
POC Lab Consumables$13.52.7%
POC Imaging$4.1(0.4)%
PVD1
$4.979.3%
OVP2
$3.50.7%
1 "PVD" is Pharmaceuticals, Vaccines and Diagnostic, and includes Tri-Heart® heartworm and Allercept® allergy testing and therapeutics.
2 "OVP" is former Other Vaccines and Pharmaceuticals segment contract manufacturing products.

International Segment Revenue
Q2 ($)Q2 (%) YOY
International Revenue$16.7
1
POC Lab Instruments & Other$2.2
1
POC Lab Consumables$9.5
1
POC Imaging$4.4
1
PVD2
$0.7
1
1 Comparative calculations are not meaningful as International segment is primarily related to the acquisitions of CVM Diagnostico Veternario S.L. and CVM Ecografia S.L. ("CVM") and scil subsequent to the second quarter of 2019.
2 "PVD" is Pharmaceuticals, Vaccines and Diagnostic, and includes allergy testing and therapeutics.
Note: Numbers may not foot due to rounding.
Operating Expenses 
Total operating expenses in the second quarter of 2020 were $22.3 million, compared to $13.0 million in the second quarter of the prior year. The increase is driven primarily by the impact related to the consolidation of our acquisitions' operations of approximately $6.2 million, one-time acquisition costs of $2.7 million and an increase in stock-based compensation of $1.3 million.
Liquidity
We continue to demonstrate a strong liquidity position with cash of $79.2 million.
2020 Recast Outlook
In order to assist analysts and investors in understanding the Company's previously issued 2020 Combined Outlook in light of Heska's new segment presentation, the Company provides the below guidance recast.
 2020 Recast Outlook
Consolidated Revenue$175-$185 million
Adjusted EBITDA Margin1
4%-6%
Dollars in millions. All 2020 Combined Outlook and 2020 Recast Outlook are forward looking statements.
1 Excludes estimates for taxes, interest, depreciation and amortization, purchase accounting, acquisition and other one-time costs, and stock-based compensation. Heska is unable to provide a reconciliation of the non-GAAP guidance measure to the corresponding GAAP measure on a forward-looking basis without unreasonable effort due to the high variability and low visibility of most of the excluded items. Material changes to any one of these items could have a significant impact on future GAAP results. Heska believes the non-GAAP presentation is more in-line with future ongoing operating performance.




Heska reaffirms the 2020 Combined Outlook for consolidated revenue ($175-$185 million), POC Lab revenue ($105-$115 million), global POC Imaging revenue ($25-$35 million), former OVP segment revenue ($15-$16 million), which is now included in our North America segment, and Adjusted EBITDA margin (4%-6%).
Consistent with revenue proportions we experienced in the second quarter of 2020, we anticipate approximately 60%-65% of full year revenue to come from the North America segment.
2020 Combined Outlook POC Lab Consumables 12%-17% growth was based on the stand-alone business of Heska, including Australia, Spain, and France as of March 31, 2020, but excluding the scil acquisition of April 1, 2020. On a comparable basis, including COVID-19 pressure from our prior lowered estimate for fewer new installed POC Lab Instruments due to travel and hospital access restrictions, Heska now expects approximately 12% growth. As part of the segment recast, the portion of the prior 2020 Combined Outlook for POC Lab Consumables growth derived outside of North America (≈ 4 percentage points) now reports in the International segment. As a result, the 2020 Recast Outlook for North America POC Lab Consumables is for growth of approximately 8%.
2020 Investor and Analyst Day and Multi-Year Outlook
The Company plans to host an Analyst and Investor Day on November 12, 2020 in New York City and/or virtually, pending evaluation of the then-current COVID-19 situation, to discuss the Company’s growth strategy, consolidated performance including its recent major acquisitions, Element UF® demonstration, and multi-year outlook. Details surrounding the event will be forthcoming.
Investor Conference Call
Management will conduct a conference call on August 4, 2020 at 9 a.m. MT (11 a.m. ET) to discuss the second quarter 2020 financial results. To participate, dial 1-866-548-4713 (US) or 1-323-794-2093 (international) and reference conference call access number 7624830. The conference call will also be broadcast live over the Internet at www.heska.com. To listen, simply log on to the web at this address at least ten minutes prior to the start of the call to register and download and install any necessary audio software. Telephone replays of the conference call will be available for playback until August 18, 2020. The telephone replay may be accessed by dialing 1-844-512-2921 (US) or 1-412-317-6671 (international). The replay access number is 7624830.  The webcast will also be archived on www.heska.com for 90 days.



About Heska
Heska Corporation (NASDAQ: HSKA) manufactures, develops and sells advanced veterinary diagnostic and specialty healthcare products through its two business segments: North America and International. Both segments include Point of Care Lab testing instruments and consumables, digital imaging products, software and services, data services, allergy testing and immunotherapy, and single-use offerings such as in-clinic diagnostic tests and heartworm preventive products. The North America segment also includes private label vaccine and pharmaceutical production under third-party agreements and channels, primarily for herd animal health.

Forward-Looking Statements
This document contains forward-looking information related to the Company. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. All of the statements in this document, other than historical facts, are forward-looking statements and are based on a number of assumptions that could ultimately prove inaccurate and cause actual results to materially deviate from forward-looking statements. Forward-looking statements in this document include, among other things, statements with respect to Heska's future financial and operating results, future sales, sales split percentages, sales geography percentages, market share, and strategic goals, the anticipated benefits of the scil acquisition; anticipated investments and growth; and the number of customers that the Company will be able to acquire and retain. Such statements are based on current expectations and are subject to a number of risks and uncertainties, including, but not limited to, risks and uncertainties related to the ability to achieve the anticipated benefits of the scil acquisition; supplier availability, competing suppliers, any product’s ability to perform and be recognized as anticipated, in particular when such product is under development; Heska’s ability to sell and market its products in an economically sustainable fashion, including related to varying customs, cultures, languages and sales cycles and uncertainties with foreign political and economic climates; the Company’s ability to integrate the acquired scil business within its existing operations; and new product development and release schedules.

Other factors that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements include, among others, risks and uncertainties related to: the impact of the COVID-19 pandemic on consumer demand, our global supply chain and our financial and operational results; the success of third parties in marketing our products; outside business interests of our Chief Executive Officer, our reliance on third party suppliers and collaborative partners; our dependence on key personnel; our dependence upon a number of significant customers; competitive conditions in our industry; our ability to market and sell our products successfully; expansion of our international operations; the impact of regulation on our business; the success of our acquisitions and other strategic development opportunities; our ability to develop, commercialize and gain market acceptance of our products; cybersecurity incidents and related disruptions and our ability to protect our stakeholders’ privacy; product returns or liabilities; volatility of our stock price; our ability to service our convertible notes and comply with their terms. Such factors are set forth under “Risk Factors” in the Company’s most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q.



Use of Non-GAAP Financial Measures

In addition to financial measures presented on the basis of accounting principles generally accepted in the U.S. (“U.S. GAAP”), we also present second quarter 2020 and 2019 EBITDA (net income before income taxes, interest, depreciation and amortization), and Adjusted EBITDA, Adjusted EBITDA Margin, Non-GAAP earnings per share and adjusted effective tax rate, excluding acquisition and other one-time charges, which are non-GAAP measures. These measures should be viewed as a supplement to (not substitute for) our results of operations presented under U.S. GAAP. The non-GAAP financial measures presented may not be comparable to similarly titled measures of other companies because they may not calculate their measures in the same manner. A reconciliation of non-GAAP financial measures and most directly comparable GAAP financial measures is included in this release. Our management has included these measures to assist in comparing performance from period to period on a consistent basis.



HESKA CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except per share amounts)
(unaudited)
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2020201920202019
Revenue, net$45,712  $28,146  $76,366  $57,657  
Cost of revenue27,847  15,734  45,053  32,702  
Gross profit17,865  12,412  31,313  24,955  
Operating expenses:  
Selling and marketing9,583  6,715  16,963  13,748  
Research and development1,696  2,239  3,824  3,605  
General and administrative11,040  4,024  19,599  8,243  
Total operating expenses22,319  12,978  40,386  25,596  
Operating loss(4,454) (566) (9,073) (641) 
Interest and other expense, net2,145  21  4,343   
Loss before income taxes and equity in losses of unconsolidated affiliates(6,599) (587) (13,416) (646) 
Income tax (benefit) expense:  
Current income tax expense31  28  56  72  
Deferred income tax benefit(243) (454) (1,776) (1,508) 
Total income tax benefit(212) (426) (1,720) (1,436) 
Net (loss) income before equity in losses of unconsolidated affiliates(6,387) (161) (11,696) 790  
         Equity in losses of unconsolidated affiliates(87) (127) (217) (308) 
Net (loss) income after equity in losses of unconsolidated affiliates(6,474) (288) (11,913) 482  
         Net loss attributable to redeemable non-controlling interest(117) (47) (268) (91) 
Net (loss) income attributable to Heska Corporation$(6,357) $(241) $(11,645) $573  
Basic (loss) earnings per share attributable to Heska Corporation$(0.72) $(0.03) $(1.43) $0.08  
Diluted (loss) earnings per share attributable to Heska Corporation$(0.72) $(0.03) $(1.43) $0.07  
Weighted average outstanding shares used to compute basic (loss) earnings per share attributable to Heska Corporation8,776  7,486  8,165  7,463  
Weighted average outstanding shares used to compute diluted (loss) earnings per share attributable to Heska Corporation8,776  7,486  8,165  7,956  



HESKA CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
 June 30,December 31,
 20202019
ASSETS
Current Assets:  
Cash and cash equivalents$79,189  $89,030  
Accounts receivable, net of allowance for doubtful accounts of $696 and $186, respectively26,312  15,161  
Inventories40,772  26,601  
Net investment in leases, current, net of allowance for doubtful accounts of $93 and $105, respectively4,565  3,856  
Prepaid expenses3,077  2,219  
Other current assets4,467  3,000  
Total current assets 158,382  139,867  
Property and equipment, net33,873  15,469  
Operating lease right-of-use assets5,988  5,726  
Goodwill84,741  36,204  
Other intangible assets, net54,782  11,472  
Deferred tax asset, net8,205  6,429  
Net investment in leases, non-current15,307  14,307  
Investments in unconsolidated affiliates7,265  7,424  
Other non-current assets8,356  7,526  
Total assets$376,899  $244,424  
LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY
Current liabilities:  
Accounts payable$11,891  $6,600  
Accrued liabilities13,211  6,345  
Accrued purchase consideration payable—  14,579  
Operating lease liabilities, current2,108  1,745  
Deferred revenue, current, and other5,644  2,930  
Total current liabilities32,854  32,199  
Convertible notes, non-current, net$48,396  $45,348  
Deferred revenue, non-current5,204  5,966  
Other long-term borrowings507  1,121  
Related party loan1,134  —  
Operating lease liabilities, non-current4,341  4,413  
Deferred tax liability14,071  691  
Other liabilities434  152  
Total liabilities106,941  89,890  
Redeemable non-controlling interest and mezzanine equity(89) 170  
Total stockholders' equity270,047  154,364  
Total liabilities, mezzanine equity and stockholders' equity$376,899  $244,424  



HESKA CORPORATION AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO NON-GAAP ADJUSTED EBITDA
($ in thousands)
(unaudited)
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2020201920202019
Net (loss) income$(6,387) $(161) $(11,696) $790  
Income tax benefit(212) (426) (1,720) (1,436) 
Interest expense (income)2,213  14  4,326  (1) 
Depreciation and amortization3,330  1,257  4,704  2,522  
EBITDA$(1,056) $684  $(4,386) $1,875  
Acquisition-related and other one-time costs1
2,728  —  6,603  —  
Stock-based compensation2,444  1,194  2,797  2,380  
Equity in losses of unconsolidated affiliate(87) (127) (217) (308) 
Net loss attributable to non-controlling interest117  47  268  91  
Adjusted EBITDA$4,146  $1,798  $5,065  $4,038  
Adjusted EBITDA margin2
9.1 %6.4 %6.6 %7.0 %

1 To exclude the effect of one-time charges of $2.7 million and $6.6 million for the three and six months ending June 30, 2020 incurred primarily as part of the acquisition of scil.

2Adjusted EBITDA margin is calculated as the ratio of adjusted EBITDA to revenue.

































HESKA CORPORATION AND SUBSIDIARIES
RECONCILIATION OF GAAP TO NON-GAAP NET INCOME (LOSS) PER DILUTED SHARE
($ in thousands)
(unaudited)
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2020201920202019
GAAP net (loss) income attributable to Heska per diluted share$(0.72) $(0.03) $(1.43) $0.07  
Acquisition-related and other one-time costs1
$0.29  $—  $0.81  $—  
Amortization of acquired intangibles2
$0.18  $0.04  $0.25  $0.08  
Purchase accounting adjustments related to inventory and fixed asset step-up3
$0.04  $—  $0.05  $—  
Amortization of debt discount and issuance costs$0.16  $—  $0.37  $—  
Stock-based compensation$0.26  $0.15  $0.34  $0.30  
Loss on equity method investee transactions$0.01  $0.02  $0.03  $0.04  
Estimated income tax effect of above non-GAAP adjustments4
$(0.22) $(0.08) $(0.39) $(0.28) 
Non-GAAP net income per diluted share$0.00  $0.10  $0.03  $0.21  
Shares used in diluted per share calculations9,269  7,951  8,165  7,956  

1 To exclude the effect of one-time charges of $2.7 million and $6.6 million in the three and six months ending June 30, 2020 incurred primarily as part of the acquisition of scil.

2 To exclude the effect of amortization of acquired intangibles of $1.6 million and $2.1 million in the three and six months ended June 30, 2020, compared to $0.3 million and $0.6 million in the three and six months ended June 30, 2019. These costs were incurred as part of the purchase accounting adjustments for the acquisitions of scil, Optomed and CVM.

3 To exclude the effect of purchase accounting adjustments for inventory step up amortization of $0.2 million and depreciation related to the step-up of fixed assets of $0.2 million for the three and six months ended June 30, 2020.

4 Represents income tax expense utilizing an estimated effective tax rate that adjusts for non-GAAP measures including: acquisition-related and other one-time costs (excluding those costs which are not deductible for tax of $1.3 million and $4.0 million for the three and six months ended June 30, 2020, respectively), amortization of acquired intangibles, purchase accounting adjustments, amortization of debt discount and issuance costs, and stock-based compensation. This incorporates the discrete tax benefits related to stock-based compensation of $0.2 million and $0.5 million for the three and six months ended June 30, 2020, respectively, compared to $0.3 million and $1.4 million for the three and six months ended June 30, 2019, respectively. Adjusted effective tax rates are 25% for the three and six months ended June 30, 2020 and 24% for the three and six months ended June 20, 2019.







v3.20.2
Cover Page
May 21, 2020
Cover [Abstract]  
Document Type 8-K
Document Period End Date Aug. 04, 2020
Entity Registrant Name HESKA CORPORATION
Entity Incorporation, State or Country Code DE
Entity File Number 000-22427
Entity Tax Identification Number 77-0192527
Entity Address, Address Line One 3760 Rocky Mountain Avenue
Entity Address, City or Town Loveland
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80538
City Area Code 970
Local Phone Number 493-7272
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, $0.01 par value
Trading Symbol HSKA
Security Exchange Name NASDAQ
Entity Central Index Key 0001038133
Amendment Flag false
Entity Emerging Growth Company false