2024 Q3 Form 10-Q Financial Statement

#000085120524000079 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $234.7M
YoY Change -3.2%
Cost Of Revenue $75.34M
YoY Change 19.92%
Gross Profit $159.4M
YoY Change -11.29%
Gross Profit Margin 67.9%
Selling, General & Admin $92.63M
YoY Change 11.03%
% of Gross Profit 58.11%
Research & Development $35.21M
YoY Change 4.84%
% of Gross Profit 22.09%
Depreciation & Amortization $8.818M
YoY Change 78.72%
% of Gross Profit 5.53%
Operating Expenses $127.8M
YoY Change 9.25%
Operating Profit $31.56M
YoY Change -49.64%
Interest Expense $4.782M
YoY Change 92.05%
% of Operating Profit 15.15%
Other Income/Expense, Net $209.0K
YoY Change 86.61%
Pretax Income $36.56M
YoY Change -46.07%
Income Tax $6.964M
% Of Pretax Income 19.05%
Net Earnings $29.59M
YoY Change -48.51%
Net Earnings / Revenue 12.61%
Basic Earnings Per Share $0.17
Diluted Earnings Per Share $0.17
COMMON SHARES
Basic Shares Outstanding 171.5M shares
Diluted Shares Outstanding 172.8M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $287.9M
YoY Change -21.98%
Cash & Equivalents $197.1M
Short-Term Investments $90.80M
Other Short-Term Assets $64.09M
YoY Change -6.88%
Inventory $155.3M
Prepaid Expenses
Receivables $158.0M
Other Receivables $0.00
Total Short-Term Assets $672.1M
YoY Change -6.45%
LONG-TERM ASSETS
Property, Plant & Equipment $103.2M
YoY Change -31.32%
Goodwill $391.7M
YoY Change 62.13%
Intangibles
YoY Change
Long-Term Investments $319.3M
YoY Change -31.11%
Other Assets $6.840M
YoY Change -98.35%
Total Long-Term Assets $1.391B
YoY Change 8.71%
TOTAL ASSETS
Total Short-Term Assets $672.1M
Total Long-Term Assets $1.391B
Total Assets $2.063B
YoY Change 3.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.98M
YoY Change 14.84%
Accrued Expenses $76.68M
YoY Change -16.47%
Deferred Revenue $30.05M
YoY Change -30.83%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $170.7M
YoY Change -5.39%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $1.251M
YoY Change -98.75%
Total Long-Term Liabilities $1.251M
YoY Change -98.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $170.7M
Total Long-Term Liabilities $1.251M
Total Liabilities $496.2M
YoY Change -4.14%
SHAREHOLDERS EQUITY
Retained Earnings $527.9M
YoY Change -1.87%
Common Stock $1.076B
YoY Change 6.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.567B
YoY Change
Total Liabilities & Shareholders Equity $2.063B
YoY Change 3.26%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $29.59M
YoY Change -48.51%
Depreciation, Depletion And Amortization $8.818M
YoY Change 78.72%
Cash From Operating Activities $56.27M
YoY Change 88.52%
INVESTING ACTIVITIES
Capital Expenditures $4.399M
YoY Change -6.4%
Acquisitions
YoY Change
Other Investing Activities -$23.01M
YoY Change -204.68%
Cash From Investing Activities -$27.41M
YoY Change -258.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.16M
YoY Change -51.64%
NET CHANGE
Cash From Operating Activities 56.27M
Cash From Investing Activities -27.41M
Cash From Financing Activities -15.16M
Net Change In Cash 13.70M
YoY Change -13.2%
FREE CASH FLOW
Cash From Operating Activities $56.27M
Capital Expenditures $4.399M
Free Cash Flow $51.87M
YoY Change 106.26%

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CY2023Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.30
CY2024Q3 cgnx Effective Income Tax Rate Reconciliation Discrete Tax Expense Benefit Amount
EffectiveIncomeTaxRateReconciliationDiscreteTaxExpenseBenefitAmount
889000 usd
cgnx Effective Income Tax Rate Reconciliation Discrete Tax Expense Benefit Amount
EffectiveIncomeTaxRateReconciliationDiscreteTaxExpenseBenefitAmount
3511000 usd
us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
3043000 usd
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2198000 usd
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172169000 shares
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1234000 shares
CY2023Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1185000 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
173354000 shares
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
27002000 usd
CY2024Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
197075000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
202655000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
90803000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
129392000 usd
CY2024Q3 us-gaap Long Term Investments
LongTermInvestments
319287000 usd
CY2023Q4 us-gaap Long Term Investments
LongTermInvestments
244230000 usd
CY2024Q3 cgnx Cash Cash Equivalents Short Term And Long Term Investments
CashCashEquivalentsShortTermAndLongTermInvestments
607165000 usd
CY2023Q4 cgnx Cash Cash Equivalents Short Term And Long Term Investments
CashCashEquivalentsShortTermAndLongTermInvestments
576277000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
409926000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3427000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
3263000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
410090000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
383589000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
588000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
10555000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
373622000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
30018000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
80000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
141479000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
3183000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
171497000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3263000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
68557000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1561000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
233304000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
8994000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
301861000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
10555000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
109000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0 usd
CY2024Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
90803000 usd
CY2024Q3 cgnx Available For Sale Securities Debt Maturities After One Year Before Two Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneYearBeforeTwoYearsFairValue
70321000 usd
CY2024Q3 cgnx Available For Sale Securities Debt Maturities After Two Years Before Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTwoYearsBeforeThreeYearsFairValue
96736000 usd
CY2024Q3 cgnx Available For Sale Securities Debt Maturities After Three Years Before Four Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeYearsBeforeFourYearsFairValue
86739000 usd
CY2024Q3 cgnx Available For Sale Securities Debt Maturities After Four Years Before Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFourYearsBeforeFiveYearsFairValue
61861000 usd
CY2024Q3 cgnx Available For Sale Securities Debt Maturities After Five Years
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYears
3630000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
410090000 usd
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
89141000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
93201000 usd
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4568000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
61569000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
155278000 usd
CY2024Q3 cgnx Operating Lease Number Of Options To Terminate
OperatingLeaseNumberOfOptionsToTerminate
0 terminationoptions
CY2024Q3 cgnx Operating Leases Number Of Options To Extend
OperatingLeasesNumberOfOptionsToExtend
20 extension_option
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3610000 usd
CY2024Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
3516000 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
52000 usd
CY2023Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
5512000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
8151000 usd
CY2023Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
5168000 usd
CY2023Q4 us-gaap Lease Cost
LeaseCost
132000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3657000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13148000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11064000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9966000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9389000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8786000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
46700000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
102710000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
77181000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.058
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2023Q4 us-gaap Goodwill
Goodwill
393181000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1508000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
391673000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
138111000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
35561000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
102550000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
139331000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
26379000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
112952000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4244000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3214000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2845000 usd
us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-4000 usd
CY2024Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4617000 usd
CY2024Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
38153000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
234000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
151000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
106000 usd
CY2023Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 usd
CY2023Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
0 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
151000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
106000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
640877000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
640877000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
13265000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
583000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
100000 usd
cgnx Accounts Receivable Allowance For Credit Loss Writeoff Recovery
AccountsReceivableAllowanceForCreditLossWriteoffRecovery
77000 usd
cgnx Accounts Receivable Allowance For Credit Loss Foreign Exchange Rate Increase Decrease
AccountsReceivableAllowanceForCreditLossForeignExchangeRateIncreaseDecrease
-2000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
604000 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
31525000 usd
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
22192000 usd
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
23720000 usd
cgnx Deferred Revenue Foreign Currency Exchange Adjustment
DeferredRevenueForeignCurrencyExchangeAdjustment
48000 usd
CY2024Q3 us-gaap Deferred Revenue
DeferredRevenue
30045000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9008000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.87
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1641000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
39.72
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
186000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
25.19
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
512000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
54.76
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9951000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
49.31
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y10M20D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
13032000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5781000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
49.49
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y1M13D
CY2024Q3 cgnx Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableAggregateIntrinsicValue
10997000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
9318000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
49.52
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y8M15D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
12609000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11006000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
559000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
3993000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.037
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.040
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0057
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0059
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.39
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y10M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
18.11
cgnx Shares Based Compensation Arrangement By Shares Based Payment Award Options Exercisable Intrinsic Value
SharesBasedCompensationArrangementBySharesBasedPaymentAwardOptionsExercisableIntrinsicValue
6119000 usd
cgnx Share Based Compensation Arrangement By Share Based Payment Award Options Vested Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedFairValue
27232000 usd
cgnx Share Based Compensation Arrangement By Share Based Payment Award Options Vested Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedFairValue
33035000 usd
CY2024Q3 cgnx Number Of Groups Within Employee Population
NumberOfGroupsWithinEmployeePopulation
3 group
CY2024Q3 cgnx Estimated Forfeiture Rate For Unvested Options For Ceo
EstimatedForfeitureRateForUnvestedOptionsForCEO
0
CY2024Q3 cgnx Estimated Forfeiture Rate For Unvested Options For Senior Management
EstimatedForfeitureRateForUnvestedOptionsForSeniorManagement
0.09
CY2024Q3 cgnx Estimated Forfeiture Rate For Unvested Options For All Non Senior Management
EstimatedForfeitureRateForUnvestedOptionsForAllNonSeniorManagement
0.13
cgnx Decrease In Compensation Expense Due To Revised Estimated Forfeiture Rates
DecreaseInCompensationExpenseDueToRevisedEstimatedForfeitureRates
1832000 usd
cgnx Decrease In Compensation Expense Due To Revised Estimated Forfeiture Rates
DecreaseInCompensationExpenseDueToRevisedEstimatedForfeitureRates
234000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
63930000 usd
cgnx Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Periodfor Recognition
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedPeriodforRecognition
P1Y8M12D
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13101000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2287000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
39367000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6059000 usd
CY2023Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12365000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1971000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
41518000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6053000 usd
CY2024Q3 cgnx Employee Service Share Based Compensation Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationRecognizedPeriodCostsCapitalizedAmount
0 usd
CY2023Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12365000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
41518000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.16
CY2023Q4 cgnx Effective Income Tax Rate Reconciliation Discrete Tax Expense Benefit Amount
EffectiveIncomeTaxRateReconciliationDiscreteTaxExpenseBenefitAmount
4035000 usd
cgnx Effective Income Tax Rate Reconciliation Discrete Tax Expense Benefit Amount
EffectiveIncomeTaxRateReconciliationDiscreteTaxExpenseBenefitAmount
-840000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
1645000 usd
us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
320000 usd
us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
1270000 usd
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
854000 usd
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1130000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2178000 usd
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2134000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
1769000 usd
CY2024Q3 cgnx Liability For Uncertain Tax Positions
LiabilityForUncertainTaxPositions
28858000 usd
CY2024Q3 cgnx Unrecognized Tax Benefits Gross Noncurrent Liability
UnrecognizedTaxBenefitsGrossNoncurrentLiability
26491000 usd
CY2024Q3 cgnx Unrecognized Tax Benefits Gross Offset To Tax Attributes
UnrecognizedTaxBenefitsGrossOffsetToTaxAttributes
2367000 usd
cgnx Tax Years Open To Examination By Internal Revenue Service
TaxYearsOpenToExaminationByInternalRevenueService
2020 through 2023
cgnx Income Tax Examination Years Under Examination Other Entities
IncomeTaxExaminationYearsUnderExaminationOtherEntities
2017 through 2023
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
171519000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
171588000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172408000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1145000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1251000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172753000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172733000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
173659000 shares
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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0000851205-24-000079-index.html Edgar Link pending
0000851205-24-000079.txt Edgar Link pending
0000851205-24-000079-xbrl.zip Edgar Link pending
a9292024-10qxexhibit311.htm Edgar Link pending
cgnx-20240929_cal.xml Edgar Link unprocessable
cgnx-20240929_def.xml Edgar Link unprocessable
a9292024-10qxexhibit312.htm Edgar Link pending
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cgnx-20240929.htm Edgar Link pending
cgnx-20240929.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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cgnx-20240929_pre.xml Edgar Link unprocessable
cgnx-20240929_lab.xml Edgar Link unprocessable
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cgnx-20240929_htm.xml Edgar Link completed
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