$CRUS
CIRRUS LOGIC, INC. Stock $crus

$crus Overview Financials Valuation SEC Filings Company Website

2018 Q3 Form 10-Q Financial Statement

#000077240618000021 Filed on November 01, 2018

Income Statement

Concept	2018 Q3	2017 Q3
Revenue	$366.3M	$425.5M
YoY Change	-13.92%	-0.72%
Cost Of Revenue	$181.2M	$214.3M
YoY Change	-15.43%	-1.23%
Gross Profit	$185.1M	$211.3M
YoY Change	-12.38%	-0.2%
Gross Profit Margin	50.54%	49.65%
Selling, General & Admin	$33.16M	$30.04M
YoY Change	10.38%	-6.38%
% of Gross Profit	17.91%	14.22%
Research & Development	$96.38M	$90.35M
YoY Change	6.67%	19.4%
% of Gross Profit	52.06%	42.76%
Depreciation & Amortization	$22.70M	$19.40M
YoY Change	17.01%	28.48%
% of Gross Profit	12.26%	9.18%
Operating Expenses	$129.5M	$120.4M
YoY Change	7.6%	11.72%
Operating Profit	$55.58M	$90.89M
YoY Change	-38.85%	-12.55%
Interest Expense	$1.500M	$700.0K
YoY Change	114.29%	-170.0%
% of Operating Profit	2.7%	0.77%
Other Income/Expense, Net	-$378.0K	-$1.116M
YoY Change	-66.13%	327.59%
Pretax Income	$56.73M	$90.50M
YoY Change	-37.32%	-11.86%
Income Tax	-$1.400M	$17.20M
% Of Pretax Income	-2.47%	19.0%
Net Earnings	$58.17M	$73.30M
YoY Change	-20.64%	-14.81%
Net Earnings / Revenue	15.88%	17.23%
Basic Earnings Per Share	$0.96	$1.16
Diluted Earnings Per Share	$0.93	$1.10
COMMON SHARES
Basic Shares Outstanding	60.47M shares	63.43M shares
Diluted Shares Outstanding	62.43M shares	66.36M shares

Balance Sheet

Concept	2018 Q3	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$244.6M	$195.6M
YoY Change	25.0%	-14.71%
Cash & Equivalents	$195.9M	$180.2M
Short-Term Investments	$48.70M	$15.45M
Other Short-Term Assets	$17.28M	$10.26M
YoY Change	68.42%	-71.34%
Inventory	$142.3M	$210.8M
Prepaid Expenses	$31.63M	$20.92M
Receivables	$206.8M	$232.4M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$642.6M	$670.0M
YoY Change	-4.09%	-3.74%
LONG-TERM ASSETS
Property, Plant & Equipment	$193.2M	$177.5M
YoY Change	8.84%	8.25%
Goodwill	$287.4M	$289.2M
YoY Change	-0.65%
Intangibles
YoY Change
Long-Term Investments	$151.2M	$133.5M
YoY Change	13.26%	6575.0%
Other Assets	$29.53M	$23.70M
YoY Change	24.57%	-48.36%
Total Long-Term Assets	$761.8M	$785.8M
YoY Change	-3.05%	20.98%
TOTAL ASSETS
Total Short-Term Assets	$642.6M	$670.0M
Total Long-Term Assets	$761.8M	$785.8M
Total Assets	$1.404B	$1.456B
YoY Change	-3.53%	8.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$88.47M	$131.1M
YoY Change	-32.53%	0.48%
Accrued Expenses	$47.50M	$49.20M
YoY Change	-3.46%	7.42%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$155.9M	$191.2M
YoY Change	-18.46%	0.57%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change		-100.0%
Other Long-Term Liabilities	$6.937M	$57.42M
YoY Change	-87.92%	24.01%
Total Long-Term Liabilities	$105.5M	$64.66M
YoY Change	63.18%	-65.29%
TOTAL LIABILITIES
Total Short-Term Liabilities	$155.9M	$191.2M
Total Long-Term Liabilities	$105.5M	$64.66M
Total Liabilities	$261.4M	$255.9M
YoY Change	2.18%	-32.03%
SHAREHOLDERS EQUITY
Retained Earnings	-$182.5M	-$92.18M
YoY Change	97.93%
Common Stock	$1.339B	$1.289B
YoY Change	3.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.143B	$1.200B
YoY Change
Total Liabilities & Shareholders Equity	$1.404B	$1.456B
YoY Change	-3.53%	8.2%

Cashflow Statement

Concept	2018 Q3	2017 Q3
OPERATING ACTIVITIES
Net Income	$58.17M	$73.30M
YoY Change	-20.64%	-14.81%
Depreciation, Depletion And Amortization	$22.70M	$19.40M
YoY Change	17.01%	28.48%
Cash From Operating Activities	$74.30M	$84.50M
YoY Change	-12.07%	252.08%
INVESTING ACTIVITIES
Capital Expenditures	-$8.500M	-$16.10M
YoY Change	-47.2%	20.15%
Acquisitions
YoY Change
Other Investing Activities	-$500.0K	-$2.700M
YoY Change	-81.48%	-88.31%
Cash From Investing Activities	-$9.100M	-$18.80M
YoY Change	-51.6%	-48.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-55.80M	-49.40M
YoY Change	12.96%	175.98%
NET CHANGE
Cash From Operating Activities	74.30M	84.50M
Cash From Investing Activities	-9.100M	-18.80M
Cash From Financing Activities	-55.80M	-49.40M
Net Change In Cash	9.400M	16.30M
YoY Change	-42.33%	-153.8%
FREE CASH FLOW
Cash From Operating Activities	$74.30M	$84.50M
Capital Expenditures	-$8.500M	-$16.10M
Free Cash Flow	$82.80M	$100.6M
YoY Change	-17.69%	168.98%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	69850000	USD
CY2018Q1	crus	Available For Sale Securities Amortized Cost On Gross Unrealized Losses AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses	198200000	USD
CY2018Q3	crus	Available For Sale Securities Amortized Cost On Gross Unrealized Losses AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses	198800000	USD
CY2018Q3	crus	Averagecostpersharerepurchased Averagecostpersharerepurchased	43.19
	crus	Averagecostpersharerepurchased Averagecostpersharerepurchased	41.26
CY2018	crus	Number Of Pension Plan Participants Terminated From Defined Benefit Pension Scheme NumberOfPensionPlanParticipantsTerminatedFromDefinedBenefitPensionScheme	60	participant
	crus	Number Of Product Lines NumberOfProductLines	2	product_line
CY2018Q1	crus	Software License Agreement SoftwareLicenseAgreement	21981000	USD
CY2018Q3	crus	Software License Agreement SoftwareLicenseAgreement	19905000	USD
CY2018Q1	crus	Software License Agreement Long Term SoftwareLicenseAgreementLongTerm	27765000	USD
CY2018Q3	crus	Software License Agreement Long Term SoftwareLicenseAgreementLongTerm	19453000	USD
	crus	Standard Product Warranty Term StandardProductWarrantyTerm	P1Y
	crus	Tax Cutsand Jobs Act Incomplete Accounting Transition Taxfor Accumulated Foreign Earnings Provisional Income Tax Expense TaxCutsandJobsActIncompleteAccountingTransitionTaxforAccumulatedForeignEarningsProvisionalIncomeTaxExpense	-11300000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
	dei	Document Period End Date DocumentPeriodEndDate	2018-09-29
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000772406
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	59844299	shares
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	CIRRUS LOGIC INC
	dei	Entity Small Business EntitySmallBusiness	false
CY2018Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	88473000	USD
CY2018Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	101004000	USD
CY2018Q3	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	206992000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	100801000	USD
CY2018Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	206789000	USD
CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	106340000	USD
CY2018Q1	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	92753000	USD
CY2018Q3	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	79127000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-11361000	USD
CY2018Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-13158000	USD
CY2018Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1312434000	USD
CY2018Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1338586000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	203000	USD
CY2018Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	203000	USD
CY2017Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	236000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	222000	shares
CY2018Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	2193000	USD
CY2018Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	2200000	USD
CY2018Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	609000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1277000	shares
CY2018Q1	us-gaap	Assets Assets	1430117000	USD
CY2018Q3	us-gaap	Assets Assets	1404394000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	613674000	USD
CY2018Q3	us-gaap	Assets Current AssetsCurrent	642572000	USD
CY2018Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	4000	USD
CY2018Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	3000	USD
CY2018Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	2433000	USD
CY2018Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	2400000	USD
CY2018Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	201325000	USD
CY2018Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	202098000	USD
CY2018Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	174765000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	153075000	USD
CY2018Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	172499000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	151207000	USD
CY2018Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	26560000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	49023000	USD
CY2018Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	26397000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	48701000	USD
CY2018Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	198896000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	199908000	USD
CY2018Q1	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	26397000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	48701000	USD
CY2018Q1	us-gaap	Available For Sale Securities Debt Securities Noncurrent AvailableForSaleSecuritiesDebtSecuritiesNoncurrent	172499000	USD
CY2018Q3	us-gaap	Available For Sale Securities Debt Securities Noncurrent AvailableForSaleSecuritiesDebtSecuritiesNoncurrent	151207000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	351166000	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	180198000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	235604000	USD
CY2018Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	195857000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-170968000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-39747000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	76334000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	120212000	USD
CY2018Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	58533000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	52104000	USD
CY2017Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	214255000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	373274000	USD
CY2018Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	181186000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	311110000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1497000	USD
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.16
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.82
CY2018Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	33200000	USD
CY2018Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	400000	USD
CY2018Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	14716000	USD
CY2018Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	13733000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	346000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	39031000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	45296000	USD
CY2018Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.96
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.88
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.10
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.74
CY2018Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.93
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.86
CY2017Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.190
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.160
CY2018Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.026
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.032
CY2018Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	35721000	USD
CY2018Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	30154000	USD
CY2018Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	111547000	USD
CY2018Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	86769000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-377000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-883000	USD
CY2018Q1	us-gaap	Goodwill Goodwill	288718000	USD
CY2018Q3	us-gaap	Goodwill Goodwill	287368000	USD
CY2017Q3	us-gaap	Gross Profit GrossProfit	211282000	USD
	us-gaap	Gross Profit GrossProfit	372998000	USD
CY2018Q3	us-gaap	Gross Profit GrossProfit	185119000	USD
	us-gaap	Gross Profit GrossProfit	309678000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	90497000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	138372000	USD
CY2018Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	56725000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	52225000	USD
CY2018Q3	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	1700000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17200000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17197000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	22160000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	22200000	USD
CY2018Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1448000	USD
CY2018Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1400000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1700000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1676000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	49658000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-516000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	112406000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	100448000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	4797000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-3863000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	42896000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-63054000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-5056000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	4001000	USD
CY2017Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	280000	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	615000	USD
CY2018Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	280000	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	539000	USD
CY2018Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	108622000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax	48000	USD
CY2018Q3	us-gaap	Inventory Net InventoryNet	142315000	USD
CY2018Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	54973000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	205760000	USD
CY2018Q2	us-gaap	Inventory Net InventoryNet	205369000	USD
CY2018Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	97138000	USD
CY2018Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	87342000	USD
CY2017Q3	us-gaap	Investment Income Net InvestmentIncomeNet	1005000	USD
	us-gaap	Investment Income Net InvestmentIncomeNet	1934000	USD
CY2018Q3	us-gaap	Investment Income Net InvestmentIncomeNet	1805000	USD
	us-gaap	Investment Income Net InvestmentIncomeNet	3511000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1430117000	USD
CY2018Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1404394000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	140209000	USD
CY2018Q3	us-gaap	Liabilities Current LiabilitiesCurrent	155902000	USD
CY2018Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	128180000	USD
CY2018Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	105517000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-154940000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-96784000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-96737000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-21913000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	80709000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	78950000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	73300000	USD
	us-gaap	Net Income Loss NetIncomeLoss	116212000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	58173000	USD
	us-gaap	Net Income Loss NetIncomeLoss	53901000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2017Q3	us-gaap	Operating Expenses OperatingExpenses	120394000	USD
	us-gaap	Operating Expenses OperatingExpenses	234810000	USD
CY2018Q3	us-gaap	Operating Expenses OperatingExpenses	129541000	USD
	us-gaap	Operating Expenses OperatingExpenses	260257000	USD
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	90888000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	138188000	USD
CY2018Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	55578000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	49421000	USD
CY2018Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	12657000	USD
CY2018Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	17370000	USD
CY2018Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	18196000	USD
CY2018Q1	us-gaap	Other Assets Current OtherAssetsCurrent	13877000	USD
CY2018Q3	us-gaap	Other Assets Current OtherAssetsCurrent	17283000	USD
CY2018Q2	us-gaap	Other Assets Current OtherAssetsCurrent	14268000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	37809000	USD
CY2018Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	29527000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	3021000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	3311000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax	14000	USD
CY2018Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	204000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-1986000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	0	USD
CY2018Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax	198000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax	239000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	792000	USD
CY2018Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	0	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	0	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	1000	USD
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	151000	USD
CY2018Q3	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	42000	USD
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	50000	USD
CY2018Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	7662000	USD
CY2018Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	6937000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	3819000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-216000	USD
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1116000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1135000	USD
CY2018Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-378000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-168000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	95550000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	94997000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	5085000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2015000	USD
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	158216000	USD
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	31118000	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	21809000	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	2248000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	25781000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	18842000	USD
CY2018Q1	us-gaap	Pension Contributions PensionContributions	11000000	USD
	us-gaap	Pension Expense Reversal Of Expense Noncash PensionExpenseReversalOfExpenseNoncash	658000	USD
	us-gaap	Pension Expense Reversal Of Expense Noncash PensionExpenseReversalOfExpenseNoncash	0	USD
CY2018Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	31235000	USD
CY2018Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	31627000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	109069000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	30295000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	5695000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	228000	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	191154000	USD
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	193218000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	60000000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	0	USD
CY2017Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	90353000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	173910000	USD
CY2018Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	96381000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	194313000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-139345000	USD
CY2018Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	100000	shares
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	60900000	USD
CY2018Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	33160000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	65944000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	23695000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	25925000	USD
CY2017Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	200000	shares
	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	400000	shares
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-182453000	USD
CY2017Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	425537000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	746272000	USD
CY2018Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	366305000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	620788000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	30041000	USD
	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	200000	shares
CY2018Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	200000000	USD
CY2018Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	105000000	USD
CY2018Q3	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	1300000	shares
	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	2300000	shares
CY2018Q3	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	55000000	USD
	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	95000000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	1161728000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	1142975000	USD
CY2018Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	44200000	USD
	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions	12500000	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	700000	USD
CY2018Q3	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	900000	USD
CY2017Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2929000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2997000	shares
CY2018Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1959000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1843000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	66360000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	66761000	shares
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62431000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62810000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	63431000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	63764000	shares
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	60472000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	60967000	shares

Files In Submission

Name	View Source	Status
0000772406-18-000021-index-headers.html	Edgar Link	pending
0000772406-18-000021-index.html	Edgar Link	pending
0000772406-18-000021.txt	Edgar Link	pending
0000772406-18-000021-xbrl.zip	Edgar Link	pending
a10q-crus9292018.htm	Edgar Link	pending
crus-20180929.xml	Edgar Link	completed
crus-20180929.xsd	Edgar Link	pending
crus-20180929_cal.xml	Edgar Link	unprocessable
crus-20180929_def.xml	Edgar Link	unprocessable
crus-20180929_lab.xml	Edgar Link	unprocessable
crus-20180929_pre.xml	Edgar Link	unprocessable
ex311-crus9292018.htm	Edgar Link	pending
ex312-crus9292018.htm	Edgar Link	pending
ex321-crus9292018.htm	Edgar Link	pending
ex322-crus9292018.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	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
R5.htm	Edgar Link	pending
R6.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

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$CRUS
CIRRUS LOGIC, INC. Stock $crus

2018 Q3 Form 10-Q Financial Statement

#000077240618000021 Filed on November 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CRUS CIRRUS LOGIC, INC. Stock $crus

2018 Q3 Form 10-Q Financial Statement

#000077240618000021 Filed on November 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CRUS
CIRRUS LOGIC, INC. Stock $crus