$ANET
Arista Networks, Inc. Stock $anet

$anet Overview Financials Valuation SEC Filings Company Website

2014 Q2 Form 10-Q Financial Statement

#000135027814000011 Filed on August 08, 2014

Income Statement

Concept	2014 Q2	2013 Q2
Revenue	$137.9M	$83.49M
YoY Change	65.24%
Cost Of Revenue	$44.57M	$29.58M
YoY Change	50.65%
Gross Profit	$93.38M	$53.90M
YoY Change	73.24%
Gross Profit Margin	67.69%	64.56%
Selling, General & Admin	$27.84M	$16.55M
YoY Change	68.19%
% of Gross Profit	29.81%	30.71%
Research & Development	$34.89M	$21.09M
YoY Change	65.46%
% of Gross Profit	37.36%	39.12%
Depreciation & Amortization	$2.400M	$800.0K
YoY Change	200.0%
% of Gross Profit	2.57%	1.48%
Operating Expenses	$62.73M	$37.64M
YoY Change	66.66%
Operating Profit	$30.66M	$16.26M
YoY Change	88.48%
Interest Expense	-$2.200M	-$1.800M
YoY Change	22.22%
% of Operating Profit	-7.18%	-11.07%
Other Income/Expense, Net	$1.037M	-$1.773M
YoY Change	-158.49%
Pretax Income	$31.69M	$14.49M
YoY Change	118.7%
Income Tax	$10.07M	$4.240M
% Of Pretax Income	31.79%	29.26%
Net Earnings	$21.62M	$10.25M
YoY Change	110.89%
Net Earnings / Revenue	15.67%	12.28%
Basic Earnings Per Share	$0.37	$0.18
Diluted Earnings Per Share	$0.34	$0.18
COMMON SHARES
Basic Shares Outstanding	38.49M shares	26.93M shares
Diluted Shares Outstanding	44.06M shares	29.25M shares

Balance Sheet

Concept	2014 Q2	2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$397.2M
YoY Change
Cash & Equivalents	$397.2M	$90.63M
Short-Term Investments
Other Short-Term Assets	$18.50M
YoY Change
Inventory	$71.07M
Prepaid Expenses
Receivables	$67.95M
Other Receivables	$8.000M
Total Short-Term Assets	$562.7M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$68.80M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.806M
YoY Change
Total Long-Term Assets	$80.10M
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$562.7M
Total Long-Term Assets	$80.10M
Total Assets	$642.8M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$20.00M
YoY Change
Accrued Expenses	$28.02M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$0.00
YoY Change
Total Short-Term Liabilities	$97.69M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$0.00
YoY Change
Other Long-Term Liabilities	$25.72M
YoY Change
Total Long-Term Liabilities	$25.72M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$97.69M
Total Long-Term Liabilities	$25.72M
Total Liabilities	$181.6M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings	$76.91M
YoY Change
Common Stock	$7.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$461.2M
YoY Change
Total Liabilities & Shareholders Equity	$642.8M
YoY Change

Cashflow Statement

Concept	2014 Q2	2013 Q2
OPERATING ACTIVITIES
Net Income	$21.62M	$10.25M
YoY Change	110.89%
Depreciation, Depletion And Amortization	$2.400M	$800.0K
YoY Change	200.0%
Cash From Operating Activities	$46.20M	$7.000M
YoY Change	560.0%
INVESTING ACTIVITIES
Capital Expenditures	-$5.500M	-$10.50M
YoY Change	-47.62%
Acquisitions
YoY Change
Other Investing Activities	$4.000M	$0.00
YoY Change
Cash From Investing Activities	-$1.400M	-$10.50M
YoY Change	-86.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	222.8M	2.500M
YoY Change	8812.0%
NET CHANGE
Cash From Operating Activities	46.20M	7.000M
Cash From Investing Activities	-1.400M	-10.50M
Cash From Financing Activities	222.8M	2.500M
Net Change In Cash	267.6M	-1.000M
YoY Change	-26860.0%
FREE CASH FLOW
Cash From Operating Activities	$46.20M	$7.000M
Capital Expenditures	-$5.500M	-$10.50M
Free Cash Flow	$51.70M	$17.50M
YoY Change	195.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q4	anet	Accrued Accounts Payable Current AccruedAccountsPayableCurrent	5370000	USD
CY2013Q4	anet	Accrued Manufacturing Costs Current AccruedManufacturingCostsCurrent	3633000	USD
CY2014Q2	anet	Accrued Manufacturing Costs Current AccruedManufacturingCostsCurrent	1577000	USD
	anet	Acquisitionof Buildingwith Financing Obligation AcquisitionofBuildingwithFinancingObligation	456000	USD
CY2014Q2	anet	Accrued Accounts Payable Current AccruedAccountsPayableCurrent	4876000	USD
	anet	Acquisitionof Buildingwith Financing Obligation AcquisitionofBuildingwithFinancingObligation	17713000	USD
	anet	Adjustmentsto Additional Paidin Capital Vestingof Stock Optionsand Restricted Stock AdjustmentstoAdditionalPaidinCapitalVestingofStockOptionsandRestrictedStock	1940000	USD
CY2013Q4	anet	Allowancefor Doubtful Accountsand Product Sales Return Reserve AllowanceforDoubtfulAccountsandProductSalesReturnReserve	2339000	USD
CY2014Q2	anet	Allowancefor Doubtful Accountsand Product Sales Return Reserve AllowanceforDoubtfulAccountsandProductSalesReturnReserve	2521000	USD
	anet	Debt Instrument Prepay Notice Period DebtInstrumentPrepayNoticePeriod	P10D
	anet	Increase Decreasein Interest Payable Related Parties IncreaseDecreaseinInterestPayableRelatedParties	670000	USD
	anet	Increase Decreasein Interest Payable Related Parties IncreaseDecreaseinInterestPayableRelatedParties	744000	USD
	anet	Incremental Common Shares Attributableto Dilutive Effectof Employee Stock Purchase Plan IncrementalCommonSharesAttributabletoDilutiveEffectofEmployeeStockPurchasePlan	15000	shares
CY2013Q2	anet	Incremental Common Shares Attributableto Dilutive Effectof Employee Stock Purchase Plan IncrementalCommonSharesAttributabletoDilutiveEffectofEmployeeStockPurchasePlan	0	shares
	anet	Incremental Common Shares Attributableto Dilutive Effectof Employee Stock Purchase Plan IncrementalCommonSharesAttributabletoDilutiveEffectofEmployeeStockPurchasePlan	0	shares
CY2014Q2	anet	Incremental Common Shares Attributableto Dilutive Effectof Employee Stock Purchase Plan IncrementalCommonSharesAttributabletoDilutiveEffectofEmployeeStockPurchasePlan	29000	shares
CY2013Q2	anet	Interest Expense Excluding Related Party InterestExpenseExcludingRelatedParty	1339000	USD
	anet	Interest Expense Excluding Related Party InterestExpenseExcludingRelatedParty	2424000	USD
	anet	Interest Expense Excluding Related Party InterestExpenseExcludingRelatedParty	2662000	USD
CY2014Q2	anet	Interest Expense Excluding Related Party InterestExpenseExcludingRelatedParty	1085000	USD
	anet	Interest Paid Lease Financing Obligation InterestPaidLeaseFinancingObligation	1283000	USD
	anet	Interest Paid Lease Financing Obligation InterestPaidLeaseFinancingObligation	0	USD
	anet	Interest Paid Notes Payable InterestPaidNotesPayable	0	USD
	anet	Interest Paid Notes Payable InterestPaidNotesPayable	3639000	USD
CY2013Q4	anet	Interest Payable Related Parties Current InterestPayableRelatedPartiesCurrent	4484000	USD
CY2014Q2	anet	Interest Payable Related Parties Current InterestPayableRelatedPartiesCurrent	0	USD
CY2014Q2	anet	Lease Financing Obligation LeaseFinancingObligation	44100000	USD
CY2013Q4	anet	Lease Financing Obligation LeaseFinancingObligation	44000000	USD
CY2014Q2	anet	Lease Financing Obligation Current LeaseFinancingObligationCurrent	1000000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Due LeaseFinancingObligationFutureMinimumPaymentsDue	59496000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Due Next Twelve Months LeaseFinancingObligationFutureMinimumPaymentsDueNextTwelveMonths	4991000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Due Thereafter LeaseFinancingObligationFutureMinimumPaymentsDueThereafter	31059000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Duein Five Years LeaseFinancingObligationFutureMinimumPaymentsDueinFiveYears	6128000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Duein Four Years LeaseFinancingObligationFutureMinimumPaymentsDueinFourYears	5948000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Duein Three Years LeaseFinancingObligationFutureMinimumPaymentsDueinThreeYears	5769000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Duein Two Years LeaseFinancingObligationFutureMinimumPaymentsDueinTwoYears	5601000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Interestand Land Lease Expense Includedin Payments LeaseFinancingObligationFutureMinimumPaymentsInterestandLandLeaseExpenseIncludedinPayments	38962000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Net Minimum Payments LeaseFinancingObligationFutureMinimumPaymentsNetMinimumPayments	20534000	USD
CY2013Q4	anet	Lease Financing Obligation Future Minimum Payments Present Valueof Net Minimum Payments LeaseFinancingObligationFutureMinimumPaymentsPresentValueofNetMinimumPayments	43970000	USD
CY2013Q4	anet	Lease Financing Obligation Noncurrent LeaseFinancingObligationNoncurrent	43152000	USD
CY2014Q2	anet	Lease Financing Obligation Noncurrent LeaseFinancingObligationNoncurrent	43108000	USD
CY2013Q4	anet	Lease Financing Obligation Property Revertingto Landlord LeaseFinancingObligationPropertyRevertingtoLandlord	23436000	USD
CY2013Q4	anet	Lease Financing Obligations Current LeaseFinancingObligationsCurrent	818000	USD
CY2013Q3	anet	Lessee Leasing Arrangements Financing Obligation Termof Contract LesseeLeasingArrangementsFinancingObligationTermofContract	P120M
	anet	Minimum Amountof Aggregate Proceeds Receivedin Qualified Financing MinimumAmountofAggregateProceedsReceivedinQualifiedFinancing	6000000	USD
	anet	Minimum Percentageof Voting Power Transferredin Corporate Transaction MinimumPercentageofVotingPowerTransferredinCorporateTransaction	0.5
	anet	Note Receivable Term Numberof Times Outstanding Principaltobe Receivedif Borrower Closesa Corporate Transaction NoteReceivableTermNumberofTimesOutstandingPrincipaltobeReceivedifBorrowerClosesaCorporateTransaction	2
CY2014Q2	anet	Numberof Noteholders Paid Out Upon Closingof Ipo NumberofNoteholdersPaidOutUponClosingofIPO	1	noteholder
CY2011Q1	anet	Numberof Related Parties NumberofRelatedParties	2	related_party
CY2011Q1	anet	Numberof Trusts Relatedto Cofounders NumberofTrustsRelatedtoCofounders	2	trust
	anet	Offering Costs Incurred But Not Yet Paid OfferingCostsIncurredButNotYetPaid	3138000	USD
	anet	Offering Costs Incurred But Not Yet Paid OfferingCostsIncurredButNotYetPaid	0	USD
	anet	Percentof Lowest Priceper Share Receivedin Qualified Financing PercentofLowestPriceperShareReceivedinQualifiedFinancing	0.8
	anet	Proceedsfrom Issuance Initial Public Offering Netof Offering Costs ProceedsfromIssuanceInitialPublicOfferingNetofOfferingCosts	0	USD
	anet	Proceedsfrom Issuance Initial Public Offering Netof Offering Costs ProceedsfromIssuanceInitialPublicOfferingNetofOfferingCosts	241862000	USD
CY2013Q4	anet	Product Return Reserve Current ProductReturnReserveCurrent	1529000	USD
CY2014Q2	anet	Product Return Reserve Current ProductReturnReserveCurrent	1635000	USD
CY2014Q2	anet	Repaymentof Notes Payableand Accrued Interest RepaymentofNotesPayableandAccruedInterest	23600000	USD
	anet	Repaymentsof Longterm Lease Financing Obligations RepaymentsofLongtermLeaseFinancingObligations	335000	USD
	anet	Repaymentsof Longterm Lease Financing Obligations RepaymentsofLongtermLeaseFinancingObligations	0	USD
	anet	Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Shares Availablefor Grant Early Exercised Shares Repurchased SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesAvailableforGrantEarlyExercisedSharesRepurchased	8000	shares
CY2014Q2	anet	Sharebased Compensation Arrangementby Sharebased Payment Award Shares Held Subjectto Repurchase SharebasedCompensationArrangementbySharebasedPaymentAwardSharesHeldSubjecttoRepurchase	2200000.0	shares
	anet	Sharebased Compensation Arrangementsby Sharebased Payment Award Early Exercised Shares Repurchased Weighted Average Exercise Price SharebasedCompensationArrangementsbySharebasedPaymentAwardEarlyExercisedSharesRepurchasedWeightedAverageExercisePrice	6.40
	anet	Specific Product Warranty Accrual Warranties Issued SpecificProductWarrantyAccrualWarrantiesIssued	0	USD
	anet	Specific Product Warranty Accrual Warranties Issued SpecificProductWarrantyAccrualWarrantiesIssued	300000	USD
	anet	Stock Issued During Period Value Conversionof Convertible Securities Related Party StockIssuedDuringPeriodValueConversionofConvertibleSecuritiesRelatedParty	30153000	USD
	anet	Stock Issued During Period Value Stock Options Exercised Netof Repurchases StockIssuedDuringPeriodValueStockOptionsExercisedNetofRepurchases	432000	USD
	anet	Supply Agreement Terms Termof Exclusive Features SupplyAgreementTermsTermofExclusiveFeatures	P24M
CY2014Q2	anet	Taxes Withheldfrom Repaymentof Convertible Debt TaxesWithheldfromRepaymentofConvertibleDebt	1100000	USD
CY2014Q2	anet	Underwriting Discountsand Commissions UnderwritingDiscountsandCommissions	15600000	USD
	anet	Unrealized Gain Losson Notes Receivable UnrealizedGainLossonNotesReceivable	4000000	USD
	anet	Unrealized Gain Losson Notes Receivable UnrealizedGainLossonNotesReceivable	0	USD
CY2014Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	20000000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	14741000	USD
CY2013Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	80338000	USD
CY2014Q2	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	70467000	USD
CY2014Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	67946000	USD
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	77999000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3815000	USD
CY2013Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	14716000	USD
CY2014Q2	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	15072000	USD
CY2014Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	28016000	USD
CY2013Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	26909000	USD
CY2014Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	11679000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7186000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	36000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	15000	USD
CY2014Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	384253000	USD
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	28737000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11487000	USD
	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	454000	USD
CY2014Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6705000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	10217000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	16795000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11487000	USD
CY2013Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2073000	USD
CY2014Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	886000	USD
CY2013Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	810000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	553000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	527000	USD
CY2013Q4	us-gaap	Assets Assets	364520000	USD
CY2014Q2	us-gaap	Assets Assets	642778000	USD
CY2014Q2	us-gaap	Assets Current AssetsCurrent	562676000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	285523000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	317000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	-2261000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	113664000	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	397198000	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	90632000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	88655000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	283534000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1977000	USD
CY2014Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q2	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	27171000	shares
CY2013Q4	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	48137000	shares
CY2014Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2014Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	176000000	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	31927000	shares
CY2014Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	64386000	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	31927000	shares
CY2014Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	64386000	shares
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	7000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	3000	USD
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	21630000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	33926000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1484000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	4713000	USD
CY2014Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	37888000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.59
CY2013Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	41306000	USD
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash, cash equivalents, restricted cash, accounts receivable and notes receivable. Our cash, cash equivalents and restricted cash are invested in high quality financial instruments with banks and financial institutions. Such deposits may be in excess of insured limits provided on such deposits. </font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our accounts receivable are unsecured and represent amounts due to us based on contractual obligations of our customers. We mitigate credit risk in respect to accounts receivable by performing ongoing credit evaluations of our customers to assess the probability of accounts receivable collection based on a number of factors, including past transaction experience with the customer, evaluation of their credit history, the credit limits extended and review of the invoicing terms of the contract. We generally do not require our customers to provide collateral to support accounts receivable. We have recorded an allowance for doubtful accounts for those receivables that we have determined not to be collectible. </font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our notes receivable are secured and represent amounts due to us from a private company. We mitigate credit risk in respect to the notes receivable by performing ongoing credit evaluations of the borrower to assess the probability of collecting all amounts due to us under the existing contractual terms. </font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We market and sell our products through both our direct sales force and our channel partners, including distributors, value-added resellers, system integrators and original equipment manufacturer (“OEM”) partners.</font></div></div>
CY2013Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	74050000	USD
CY2014Q2	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	0	USD
CY2014Q2	us-gaap	Convertible Preferred Stock Shares Issued Upon Conversion ConvertiblePreferredStockSharesIssuedUponConversion	1	shares
	us-gaap	Cost Of Revenue CostOfRevenue	48804000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	80460000	USD
CY2013Q2	us-gaap	Cost Of Revenue CostOfRevenue	29584000	USD
CY2014Q2	us-gaap	Cost Of Revenue CostOfRevenue	44567000	USD
CY2014Q2	us-gaap	Debt Conversion Original Debt Amount1 DebtConversionOriginalDebtAmount1	96500000	USD
CY2013Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	100000000	USD
CY2014Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	0	USD
CY2014Q2	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	0	USD
CY2013Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	1207000	USD
CY2014Q2	us-gaap	Deferred Compensation Share Based Arrangements Liability Current DeferredCompensationShareBasedArrangementsLiabilityCurrent	6600000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	703000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2090000	USD
CY2014Q2	us-gaap	Deferred Revenue DeferredRevenue	61683000	USD
CY2013Q4	us-gaap	Deferred Revenue DeferredRevenue	58904000	USD
CY2013Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	17598000	USD
CY2014Q2	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	23795000	USD
	us-gaap	Depreciation Depreciation	4700000	USD
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.37
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	12356000	USD
CY2014Q2	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	8696000	USD
CY2014Q2	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	7497000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	4541000	USD
	us-gaap	Depreciation Depreciation	1500000	USD
CY2013Q2	us-gaap	Depreciation Depreciation	800000	USD
CY2014Q2	us-gaap	Depreciation Depreciation	2400000	USD
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.18
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	63000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-54000	USD
CY2013Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	9090000	USD
CY2014Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	13276000	USD
CY2014Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	88800000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	213000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	459000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	459000	USD
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	213000	USD
CY2014Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7126000	USD
CY2013Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3506000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14357000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7242000	USD
CY2013Q2	us-gaap	Gross Profit GrossProfit	53901000	USD
	us-gaap	Gross Profit GrossProfit	96029000	USD
CY2014Q2	us-gaap	Gross Profit GrossProfit	93380000	USD
	us-gaap	Gross Profit GrossProfit	174694000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	31692000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	21384000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	51139000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	14491000	USD
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4240000	USD
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10074000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17192000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4522000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	18433000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	5896000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	2227000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	4789000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	27545000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-9678000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	945000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	372000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	7951000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	626000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	14816000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	2779000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	2232000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-1630000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2291000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	12651000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-118000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	596000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	2616000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1101000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1914000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	5621000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-4040000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
	us-gaap	Incremental Common Shares Attributable To Equity Unit Purchase Agreements IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements	5000	shares
CY2013Q2	us-gaap	Incremental Common Shares Attributable To Equity Unit Purchase Agreements IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements	6000	shares
CY2014Q2	us-gaap	Incremental Common Shares Attributable To Equity Unit Purchase Agreements IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements	0	shares
	us-gaap	Incremental Common Shares Attributable To Equity Unit Purchase Agreements IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2038000	shares
CY2013Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2320000	shares
CY2014Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	5537000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	5113000	shares
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	861000	USD
CY2013Q2	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	433000	USD
CY2014Q2	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	350000	USD
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	782000	USD
CY2011	us-gaap	Interest Paid InterestPaid	25900000	USD
CY2013Q4	us-gaap	Inventory Parts And Components Net Of Reserves InventoryPartsAndComponentsNetOfReserves	5500000	USD
CY2014Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	13078000	USD
CY2013Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	18286000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	1700000	USD
CY2014Q2	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	700000	USD
CY2013Q2	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	900000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	1700000	USD
CY2013Q4	us-gaap	Interest Payable Current InterestPayableCurrent	12967000	USD
CY2014Q2	us-gaap	Interest Payable Current InterestPayableCurrent	0	USD
CY2014Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	57990000	USD
CY2013Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	55074000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	73360000	USD
CY2014Q2	us-gaap	Inventory Net InventoryNet	71068000	USD
CY2014Q2	us-gaap	Inventory Parts And Components Net Of Reserves InventoryPartsAndComponentsNetOfReserves	8300000	USD
CY2014Q2	us-gaap	Liabilities Liabilities	181592000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	286788000	USD
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	642778000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	364520000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	209344000	USD
CY2014Q2	us-gaap	Liabilities Current LiabilitiesCurrent	97694000	USD
CY2014Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	USD
CY2013Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	98793000	USD
CY2013Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	USD
CY2014Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	224064000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5495000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4539000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12212000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	63946000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8748000	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	21618000	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	10251000	USD
	us-gaap	Net Income Loss NetIncomeLoss	33947000	USD
	us-gaap	Net Income Loss NetIncomeLoss	16862000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	19985000	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	14212000	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4948000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8063000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	8372000	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	5159000	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	14851000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	21121000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1498000	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	967000	USD
CY2014Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1037000	USD
CY2013Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1773000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3623000	USD
CY2014Q2	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	8000000	USD
CY2013Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	4000000	USD
CY2014Q2	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	0	USD
CY2013Q4	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	24743000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	62725000	USD
	us-gaap	Operating Expenses OperatingExpenses	122057000	USD
	us-gaap	Operating Expenses OperatingExpenses	71022000	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	37637000	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	16264000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	25007000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	52637000	USD
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	30655000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	2444000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	825000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	161000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	411000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	507000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	540000	USD
CY2013Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	3741000	USD
CY2014Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4723000	USD
CY2014Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3806000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3212000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-21000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	12000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-34000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-67000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-34000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	12000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-67000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-21000	USD
CY2014Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	11790000	USD
CY2013Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	10144000	USD
CY2013Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	19576000	USD
CY2014Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	25718000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1708000	USD
CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2472000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-100000	USD
CY2013Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1000	USD
CY2014Q2	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	5300000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12212000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8579000	USD
CY2014Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2013Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized		shares
CY2014Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2014Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4144000	USD
CY2014Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	9768000	USD
	us-gaap	Proceeds From Repurchase Of Equity ProceedsFromRepurchaseOfEquity	2078000	USD
	us-gaap	Proceeds From Repurchase Of Equity ProceedsFromRepurchaseOfEquity	5282000	USD
CY2013Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	6591000	USD
CY2012Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	5314000	USD
CY2013Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	5075000	USD
CY2014Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	3564000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	1658000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	1288000	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	1190000	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	0	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	2935000	USD
CY2014Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	80478000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	74390000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	67204000	USD
CY2014Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	68799000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	313000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	374000	USD
CY2014Q2	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	1600000	USD
CY2013Q4	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	1800000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	20000000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	0	USD
CY2011	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	55600000	USD
CY2014Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	34888000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	68334000	USD
CY2013Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	21086000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	40600000	USD
CY2014Q2	us-gaap	Sales Revenue Net SalesRevenueNet	137947000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	144833000	USD
CY2014Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	0	USD
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	4040000	USD
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	76911000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	42964000	USD
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q2	us-gaap	Sales Revenue Net SalesRevenueNet	83485000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	255154000	USD
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	254319000	USD
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	702257000	USD
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	11245000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	14092000	shares
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	23180000	USD
CY2013Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	13045000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	39366000	USD
CY2014Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	20711000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	11487000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3815000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized	6510000	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	8941000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	12426000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	3051000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	4.27
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	3300000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	298000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	3331000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	19.73
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	12.56
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	6.82
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	625146000	USD
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	12280000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	11.48
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	9.01
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	8.99
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	31.40
CY2014Q2	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions	3051000	shares
CY2014Q2	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions	14092000	shares
CY2014Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	177332000	USD
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P7Y8M12D
CY2013	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y9M18D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y7M21D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P8Y6M18D
CY2014Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	4500000	USD
CY2014Q2	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1	4.27
CY2014Q2	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1	12.56
	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2	P8Y7M6D
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	186000	shares
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	238724000	USD
CY2014Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	238724000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	77732000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	461186000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	-13962000	USD
CY2014Q2	us-gaap	Undistributed Earnings UndistributedEarnings	-7406000	USD
CY2013Q2	us-gaap	Undistributed Earnings UndistributedEarnings	-5303000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	-8799000	USD
	us-gaap	Undistributed Earnings Diluted UndistributedEarningsDiluted	1136000	USD
	us-gaap	Undistributed Earnings Diluted UndistributedEarningsDiluted	309000	USD
CY2013Q2	us-gaap	Undistributed Earnings Diluted UndistributedEarningsDiluted	211000	USD
CY2014Q2	us-gaap	Undistributed Earnings Diluted UndistributedEarningsDiluted	639000	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the accompanying unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the unaudited condensed consolidated financial statements and accompanying notes. Those estimates and assumptions include, but are not limited to, revenue recognition and deferred revenue; determination of fair value for stock-based awards; accounting for income taxes, including the valuation allowance on deferred tax assets and reserves for uncertain tax positions; valuation of inventory; valuation of warranty accruals; and the recognition and measurement of contingent liabilities. We evaluate our estimates and assumptions on an ongoing basis using historical experience and other factors and adjust those estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ from these estimates, and those differences could be material to the unaudited condensed consolidated financial statements.</font></div></div>
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	38962000	shares
CY2013Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29252000	shares
CY2014Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44057000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28650000	shares
CY2014Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	38491000	shares
CY2013Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26926000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33834000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26607000	shares
	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	680000	USD
	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	dei	Document Period End Date DocumentPeriodEndDate	2014-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001596532
CY2014Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	64403957	shares
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Arista Networks, Inc.
	dei	Trading Symbol TradingSymbol	ANET

Files In Submission

Name	View Source	Status
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$ANET
Arista Networks, Inc. Stock $anet

2014 Q2 Form 10-Q Financial Statement

#000135027814000011 Filed on August 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ANET Arista Networks, Inc. Stock $anet

2014 Q2 Form 10-Q Financial Statement

#000135027814000011 Filed on August 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ANET
Arista Networks, Inc. Stock $anet