$AXON
AXON ENTERPRISE, INC.

2020 Q1 Form 10-Q Financial Statement

#000155837020005817 Filed on May 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $147.2M $115.8M
YoY Change 27.07% 472.16%
Cost Of Revenue $58.55M $46.89M
YoY Change 24.87% 27.59%
Gross Profit $88.61M $68.92M
YoY Change 28.57% 6.91%
Gross Profit Margin 60.21% 59.51%
Selling, General & Admin $63.03M $42.89M
YoY Change 46.94% 19.95%
% of Gross Profit 71.13% 62.24%
Research & Development $26.38M $23.35M
YoY Change 12.96% 54.47%
% of Gross Profit 29.77% 33.89%
Depreciation & Amortization $2.881M $2.800M
YoY Change 2.89% 16.13%
% of Gross Profit 3.25% 4.06%
Operating Expenses $89.41M $66.25M
YoY Change 34.96% 30.21%
Operating Profit -$800.0K $2.671M
YoY Change -129.95% -80.34%
Interest Expense $941.0K $2.313M
YoY Change -59.32% 83.14%
% of Operating Profit 86.6%
Other Income/Expense, Net
YoY Change
Pretax Income $141.0K $4.984M
YoY Change -97.17% -66.43%
Income Tax -$3.933M -$1.435M
% Of Pretax Income -2789.36% -28.79%
Net Earnings $4.074M $6.419M
YoY Change -36.53% -50.34%
Net Earnings / Revenue 2.77% 5.54%
Basic Earnings Per Share $0.07 $0.11
Diluted Earnings Per Share $0.07 $0.11
COMMON SHARES
Basic Shares Outstanding 59.61M 58.91M
Diluted Shares Outstanding 60.39M 59.75M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $345.2M $329.0M
YoY Change 4.92% 239.88%
Cash & Equivalents $156.5M $223.6M
Short-Term Investments $188.7M $105.3M
Other Short-Term Assets $34.70M $33.30M
YoY Change 4.2% 52.05%
Inventory $46.92M $37.59M
Prepaid Expenses
Receivables $191.9M $167.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $618.7M $566.9M
YoY Change 9.14% 396.47%
LONG-TERM ASSETS
Property, Plant & Equipment $43.07M $41.35M
YoY Change 4.16% 32.63%
Goodwill $24.75M $25.02M
YoY Change -1.06% 67.37%
Intangibles $11.93M $15.07M
YoY Change -20.83% -13.88%
Long-Term Investments $50.20M
YoY Change
Other Assets $59.46M $35.48M
YoY Change 67.57% 71.5%
Total Long-Term Assets $258.7M $165.1M
YoY Change 56.7% 199.17%
TOTAL ASSETS
Total Short-Term Assets $618.7M $566.9M
Total Long-Term Assets $258.7M $165.1M
Total Assets $877.5M $732.0M
YoY Change 19.87% 332.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.57M $9.865M
YoY Change 220.0% -15.63%
Accrued Expenses $36.40M $39.95M
YoY Change -8.89% 53.59%
Deferred Revenue $119.8M $110.1M
YoY Change 8.87% 54.44%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $195.0M $168.5M
YoY Change 15.76% 73.17%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $23.02M $94.90M
YoY Change -75.75% 46.22%
Total Long-Term Liabilities $23.02M $94.90M
YoY Change -75.75% 46.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $195.0M $168.5M
Total Long-Term Liabilities $23.02M $94.90M
Total Liabilities $317.9M $264.7M
YoY Change 20.08% 72.55%
SHAREHOLDERS EQUITY
Retained Earnings $175.7M $177.8M
YoY Change -1.18% 25.06%
Common Stock $543.3M $460.1M
YoY Change 18.07% 127.41%
Preferred Stock
YoY Change
Treasury Stock (at cost) $155.9M $155.9M
YoY Change 0.0% 0.0%
Treasury Stock Shares $20.22M 20.22M shares
Shareholders Equity $559.6M $480.5M
YoY Change
Total Liabilities & Shareholders Equity $877.5M $732.0M
YoY Change 19.87% 147.65%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $4.074M $6.419M
YoY Change -36.53% -50.34%
Depreciation, Depletion And Amortization $2.881M $2.800M
YoY Change 2.89% 16.13%
Cash From Operating Activities $13.42M -$13.97M
YoY Change -196.03% -177.42%
INVESTING ACTIVITIES
Capital Expenditures $2.209M $5.271M
YoY Change -58.09% 395.86%
Acquisitions
YoY Change
Other Investing Activities -$19.82M -$105.3M
YoY Change -81.18% -4543.88%
Cash From Investing Activities -$22.07M -$110.8M
YoY Change -80.07% -8834.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.162M -1.159M
YoY Change 345.38% -66.12%
NET CHANGE
Cash From Operating Activities 13.42M -13.97M
Cash From Investing Activities -22.07M -110.8M
Cash From Financing Activities -5.162M -1.159M
Net Change In Cash -15.71M -125.8M
YoY Change -87.51% -869.05%
FREE CASH FLOW
Cash From Operating Activities $13.42M -$13.97M
Capital Expenditures $2.209M $5.271M
Free Cash Flow $11.21M -$19.24M
YoY Change -158.24% -213.31%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001069183
CY2020Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q1 dei Amendment Flag
AmendmentFlag
false
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
59813163
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
59497759
CY2020Q1 dei Document Type
DocumentType
10-Q
CY2020Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2020Q1 dei Document Period End Date
DocumentPeriodEndDate
2020-03-31
CY2020Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2020Q1 dei Entity File Number
EntityFileNumber
001-16391
CY2020Q1 dei Entity Registrant Name
EntityRegistrantName
Axon Enterprise, Inc.
CY2020Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2020Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
86-0741227
CY2020Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
17800 North 85th Street
CY2020Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
85255
CY2020Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Scottsdale
CY2020Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
AZ
CY2020Q1 dei City Area Code
CityAreaCode
480
CY2020Q1 dei Local Phone Number
LocalPhoneNumber
991-0797
CY2020Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.00001 Par Value
CY2020Q1 dei Trading Symbol
TradingSymbol
AAXN
CY2020Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2020Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2020Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2020Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Entity Shell Company
EntityShellCompany
false
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
59825208
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
156540000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172250000
CY2020Q1 us-gaap Short Term Investments
ShortTermInvestments
188673000
CY2019Q4 us-gaap Short Term Investments
ShortTermInvestments
178534000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1827000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1567000
CY2020Q1 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
147945000
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
146878000
CY2020Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
43959000
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
38102000
CY2020Q1 us-gaap Inventory Net
InventoryNet
46922000
CY2019Q4 us-gaap Inventory Net
InventoryNet
38845000
CY2020Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
34702000
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
34866000
CY2020Q1 us-gaap Assets Current
AssetsCurrent
618741000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
609475000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43065000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43770000
CY2020Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
29433000
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
27688000
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11929000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12771000
CY2020Q1 us-gaap Goodwill
Goodwill
24752000
CY2019Q4 us-gaap Goodwill
Goodwill
25013000
CY2020Q1 us-gaap Long Term Investments
LongTermInvestments
50225000
CY2019Q4 us-gaap Long Term Investments
LongTermInvestments
45499000
CY2020Q1 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
27556000
CY2019Q4 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
31598000
CY2020Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
12293000
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
9644000
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
59457000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40181000
CY2020Q1 us-gaap Assets
Assets
877451000
CY2019Q4 us-gaap Assets
Assets
845639000
CY2020Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
31568000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
25874000
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
36404000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
45001000
CY2020Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3891000
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3853000
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
195015000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
195566000
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
91886000
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
87936000
CY2020Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
4173000
CY2019Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
3832000
CY2020Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
3430000
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
3936000
CY2020Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
342000
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
354000
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
23015000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10520000
CY2020Q1 us-gaap Liabilities
Liabilities
317861000
CY2019Q4 us-gaap Liabilities
Liabilities
302144000
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
59813163
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
59497759
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
1000
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
1000
CY2020Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
543305000
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
528272000
CY2020Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
20220227
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
20220227
CY2020Q1 us-gaap Treasury Stock Value
TreasuryStockValue
155947000
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
155947000
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
175699000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
172265000
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3468000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1096000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
559590000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
543495000
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
877451000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
845639000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147162000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115810000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
58554000
CY2019Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
46893000
CY2020Q1 us-gaap Gross Profit
GrossProfit
88608000
CY2019Q1 us-gaap Gross Profit
GrossProfit
68917000
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
63027000
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
42892000
CY2020Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26381000
CY2019Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
23354000
CY2020Q1 us-gaap Operating Expenses
OperatingExpenses
89408000
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
66246000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-800000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2671000
CY2020Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
941000
CY2019Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
2313000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
141000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4984000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3933000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1435000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4074000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
6419000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59609000
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58914000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60394000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59751000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4074000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
6419000
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2372000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
50000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1702000
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6469000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
543495000
CY2019Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-640000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-5162000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20195000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4074000
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2372000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
559590000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
467324000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
-1159000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7905000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
6419000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
50000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
480539000
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
577000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
4074000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
6419000
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2881000
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2800000
CY2020Q1 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-13000
CY2019Q1 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-18000
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-517000
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-242000
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
20195000
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
7905000
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1548000
CY2020Q1 aaxn Provision For Unrecognized Tax Benefits
ProvisionForUnrecognizedTaxBenefits
341000
CY2019Q1 aaxn Provision For Unrecognized Tax Benefits
ProvisionForUnrecognizedTaxBenefits
307000
CY2020Q1 us-gaap Other Noncash Expense
OtherNoncashExpense
1156000
CY2019Q1 us-gaap Other Noncash Expense
OtherNoncashExpense
896000
CY2020Q1 aaxn Credit Loss Reserve
CreditLossReserve
902000
CY2019Q1 aaxn Credit Loss Reserve
CreditLossReserve
0
CY2020Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
9700000
CY2019Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
21994000
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8630000
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3936000
CY2020Q1 aaxn Increase Decrease In Prepaid Expense And Other Current Assets
IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets
-2277000
CY2019Q1 aaxn Increase Decrease In Prepaid Expense And Other Current Assets
IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets
3152000
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3562000
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-7284000
CY2020Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4499000
CY2019Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3232000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13415000
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13970000
CY2020Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
99512000
CY2019Q1 aaxn Payments To Acquire Equity Securities Without Readily Determinable Fair Value
PaymentsToAcquireEquitySecuritiesWithoutReadilyDeterminableFairValue
0
CY2019Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
105322000
CY2020Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
84315000
CY2019Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2209000
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5271000
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
78000
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
CY2020Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
45000
CY2019Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
162000
CY2020Q1 aaxn Payments To Acquire Equity Securities Without Readily Determinable Fair Value
PaymentsToAcquireEquitySecuritiesWithoutReadilyDeterminableFairValue
4700000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22073000
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-110755000
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28000
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
100000
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5190000
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1259000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5162000
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1159000
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1890000
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-15710000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-125817000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
172355000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
351027000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
156645000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
225210000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
156540000
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
223642000
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
105000
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1568000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
156645000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
225210000
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3863000
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
758000
CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
617000
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
328000
CY2020Q1 us-gaap Investment Related Liabilities
InvestmentRelatedLiabilities
13451000
CY2019Q1 us-gaap Investment Related Liabilities
InvestmentRelatedLiabilities
0
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Basis of Presentation and Use of Estimates</p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">These unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the SEC. Certain information related to our organization, significant accounting policies and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) has been condensed or omitted. The accounting policies followed in the preparation of these unaudited condensed consolidated financial statements are consistent with those followed in our annual consolidated financial statements for the year ended December 31, 2019, as filed on Form 10-K, with the exception of our adoption of certain accounting pronouncements which we describe below. In the opinion of management, these unaudited condensed consolidated financial statements contain all material adjustments, consisting only of normal recurring adjustments, necessary to fairly state our financial position, results of operations and cash flows for the periods presented and the presentations and disclosures herein are adequate when read in conjunction with our Form 10-K for the year ended December 31, 2019. The results of operations for the three months ended March 31, 2020 and 2019 are not necessarily indicative of the results to be expected for the full year (or any other period). Significant estimates and assumptions in these unaudited condensed consolidated financial statements include:</p><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">product warranty reserves,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">inventory valuation,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">revenue recognition,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">expected credit loss reserves,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">valuation of goodwill, intangible and long-lived assets,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">recognition, measurement and valuation of current and deferred income taxes,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">stock-based compensation,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">recognition and measurement of lease liabilities,</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">recognition and measurement of contingencies and accrued litigation expense, and</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"/><td style="font-family:'Times New Roman';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:justify;">fair values of identified tangible and intangible assets acquired and liabilities assumed in business combinations.</span></td></tr></table><div style="margin-top:12pt;"/><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 0pt;">Actual results could differ materially from those estimates.</p>
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4074000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
6419000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59609000
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58914000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
785000
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
837000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60394000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59751000
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12161000
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12125000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2020Q1 aaxn Warranty Period After Purchase Of Product
WarrantyPeriodAfterPurchaseOfProduct
P1Y
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1476000
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
898000
CY2020Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
171000
CY2019Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
123000
CY2020Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-85000
CY2019Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
252000
CY2020Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1220000
CY2019Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1027000
CY2020Q1 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
3500000
CY2019Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
4200000
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
4700000
CY2020Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2600000
CY2020Q1 us-gaap Reclassifications
Reclassifications
<p style="font-family:'Times New Roman';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Reclassification of Prior Year Presentation</p><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Certain prior year amounts, including the long-term portion of contract assets, have been reclassified for consistency with the current year presentation. These reclassifications are not material and had no effect on the reported results of operations.</p>
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147162000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115810000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147162000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115810000
CY2020Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
56252000
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
211713000
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
48465000
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
119827000
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
91886000
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
211713000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
117864000
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
87936000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2000
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
205800000
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
119827000
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
91886000
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
211713000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
117864000
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
87936000
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
205800000
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1270000000
CY2020Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
395537000
CY2020Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
219000
CY2020Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
1035000
CY2020Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
394721000
CY2020Q1 aaxn Cash Cash Equivalent And Investments Amortized Cost
CashCashEquivalentAndInvestmentsAmortizedCost
156541000
CY2020Q1 aaxn Short Term Investment
ShortTermInvestment
188759000
CY2020Q1 aaxn Long Term Investment
LongTermInvestment
50237000
CY2020Q1 us-gaap Investment Related Liabilities
InvestmentRelatedLiabilities
13500000
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
100000
CY2019Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
100000
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
396283000
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
107000
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
34000
CY2019Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
396356000
CY2019Q4 aaxn Cash Cash Equivalent And Investments Amortized Cost
CashCashEquivalentAndInvestmentsAmortizedCost
172250000
CY2019Q4 aaxn Short Term Investment
ShortTermInvestment
178534000
CY2019Q4 aaxn Long Term Investment
LongTermInvestment
45499000
CY2020Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
900000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1567000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
768000
CY2020Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
886000
CY2020Q1 aaxn Allowance For Doubtful Accounts Receivable Other
AllowanceForDoubtfulAccountsReceivableOther
-4000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3215000
CY2020Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2588000
CY2020Q1 aaxn Prepaid Expenses Depositsand Other Assets Noncurrent
PrepaidExpensesDepositsandOtherAssetsNoncurrent
4821000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1827000
CY2020Q1 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
429000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
959000
CY2020Q1 aaxn Allowance For Expected Credit Losses On Customer Receivables
AllowanceForExpectedCreditLossesOnCustomerReceivables
3215000
CY2020Q1 aaxn Inventory Finished Goods Trial And Evaluation Gross
InventoryFinishedGoodsTrialAndEvaluationGross
1500000
CY2019Q4 aaxn Inventory Finished Goods Trial And Evaluation Gross
InventoryFinishedGoodsTrialAndEvaluationGross
1400000
CY2020Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
21808000
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
20789000
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
25114000
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
18056000
CY2020Q1 us-gaap Inventory Net
InventoryNet
46922000
CY2019Q4 us-gaap Inventory Net
InventoryNet
38845000
CY2019Q4 us-gaap Goodwill
Goodwill
25013000
CY2020Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-261000
CY2020Q1 us-gaap Goodwill
Goodwill
24752000
CY2019Q4 aaxn Prepaid Expenses Depositsand Other Assets Noncurrent
PrepaidExpensesDepositsandOtherAssetsNoncurrent
4190000
CY2020Q1 aaxn Aggregate Intrinsic Value Price Per Share
AggregateIntrinsicValuePricePerShare
70.77
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9653000
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
4700000
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
24000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13795000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10205000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
24438000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13409000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11029000
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1724000
CY2020Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1724000
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1742000
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1742000
CY2020Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
25724000
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13795000
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11929000
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
26180000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13409000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12771000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000.0
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2476000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2854000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1258000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
971000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
890000
CY2020Q1 aaxn Finite Lived Intangible Assets Amortization Expense Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseYearSix
623000
CY2020Q1 aaxn Finite Lived Intangible Assets Amortization Expenseafter Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseafterYearSix
1133000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10205000
CY2020Q1 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
3523000
CY2019Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
4214000
CY2020Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
21826000
CY2019Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
22068000
CY2020Q1 us-gaap Restricted Cash
RestrictedCash
55000
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
56000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21944000
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
59457000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40181000
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
4700000
CY2020Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2600000
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13378000
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
24737000
CY2020Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
8993000
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3235000
CY2020Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1220000
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1476000
CY2020Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
2093000
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
3362000
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10720000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12191000
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
36404000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
45001000
CY2020Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
29100000
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6600000
CY2020Q1 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
2600000
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-27.894
CY2020Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.90
CY2018Q2 aaxn Market Capitalization Goalfor Tranche First Tranche
MarketCapitalizationGoalforTrancheFirstTranche
2500000000
CY2018Q2 aaxn Market Capitalization Goalfor Tranche Incremental Increase
MarketCapitalizationGoalforTrancheIncrementalIncrease
1000000000.0
CY2020Q1 aaxn Maximum Ratio Of Liabilities To Tangible Net Worth
MaximumRatioOfLiabilitiesToTangibleNetWorth
2.50
CY2020Q1 aaxn Revenue Goal Goal Number One
RevenueGoalGoalNumberOne
710058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Nine
AdjustedEBITDAGoalGoalNumberNine
125000000
CY2020Q1 aaxn Revenue Goal Goal Number Two
RevenueGoalGoalNumberTwo
860058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Ten
AdjustedEBITDAGoalGoalNumberTen
155000000
CY2020Q1 aaxn Revenue Goal Goal Number Three
RevenueGoalGoalNumberThree
1010058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Eleven
AdjustedEBITDAGoalGoalNumberEleven
175000000
CY2020Q1 aaxn Revenue Goal Goal Number Four
RevenueGoalGoalNumberFour
1210058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Twelve
AdjustedEBITDAGoalGoalNumberTwelve
190000000
CY2020Q1 aaxn Revenue Goal Goal Number Five
RevenueGoalGoalNumberFive
1410058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Thirteen
AdjustedEBITDAGoalGoalNumberThirteen
200000000
CY2020Q1 aaxn Revenue Goal Goal Number Six
RevenueGoalGoalNumberSix
1610058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Fourteen
AdjustedEBITDAGoalGoalNumberFourteen
210000000
CY2020Q1 aaxn Revenue Goal Goal Number Seven
RevenueGoalGoalNumberSeven
1810058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Fifteen
AdjustedEBITDAGoalGoalNumberFifteen
220000000
CY2020Q1 aaxn Revenue Goal Goal Number Eight
RevenueGoalGoalNumberEight
2010058000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Sixteen
AdjustedEBITDAGoalGoalNumberSixteen
230000000
CY2020Q1 aaxn Revenue Goal Goal Number One
RevenueGoalGoalNumberOne
710100000
CY2020Q1 aaxn Revenue Goal Goal Number Two
RevenueGoalGoalNumberTwo
860100000
CY2020Q1 aaxn Revenue Goal Goal Number Three
RevenueGoalGoalNumberThree
1010100000
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Nine
AdjustedEBITDAGoalGoalNumberNine
125000000.0
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Ten
AdjustedEBITDAGoalGoalNumberTen
155000000.0
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Eleven
AdjustedEBITDAGoalGoalNumberEleven
175000000.0
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Twelve
AdjustedEBITDAGoalGoalNumberTwelve
190000000.0
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Thirteen
AdjustedEBITDAGoalGoalNumberThirteen
200000000.0
CY2020Q1 aaxn Adjusted Ebitda Goal Goal Number Fourteen
AdjustedEBITDAGoalGoalNumberFourteen
210000000.0
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
44300000
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4800000
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P5Y9M14D
CY2020Q1 aaxn Aggregate Intrinsic Value Price Per Share
AggregateIntrinsicValuePricePerShare
70.77
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
20195000
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
7905000
CY2020Q1 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
8
CY2020Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
5000000.0
CY2020Q1 aaxn Employee Deferrals Vested Percentage
EmployeeDeferralsVestedPercentage
1
CY2020Q1 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1500000
CY2019Q1 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1400000
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147162000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115810000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
58554000
CY2019Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
46893000
CY2020Q1 us-gaap Gross Profit
GrossProfit
88608000
CY2019Q1 us-gaap Gross Profit
GrossProfit
68917000
CY2020Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26381000
CY2019Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
23354000

Files In Submission

Name View Source Status
0001558370-20-005817-index-headers.html Edgar Link pending
0001558370-20-005817-index.html Edgar Link pending
0001558370-20-005817.txt Edgar Link pending
0001558370-20-005817-xbrl.zip Edgar Link pending
aaxn-20200331xex31d1.htm Edgar Link pending
aaxn-20200331xex31d2.htm Edgar Link pending
aaxn-20200331xex32.htm Edgar Link pending
aaxn-20200507.xsd Edgar Link pending
aaxn-20200507x10q.htm Edgar Link pending
aaxn-20200507x10q_htm.xml Edgar Link completed
aaxn-20200507_cal.xml Edgar Link unprocessable
aaxn-20200507_def.xml Edgar Link unprocessable
aaxn-20200507_lab.xml Edgar Link unprocessable
aaxn-20200507_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending