2019 Q2 Form 10-Q Financial Statement
#000077240619000026 Filed on July 31, 2019
Income Statement
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
Revenue | $238.3M | $254.5M |
YoY Change | -6.38% | -20.66% |
Cost Of Revenue | $115.8M | $129.9M |
YoY Change | -10.9% | -18.3% |
Gross Profit | $122.5M | $124.6M |
YoY Change | -1.66% | -22.98% |
Gross Profit Margin | 51.41% | 48.95% |
Selling, General & Admin | $29.52M | $32.78M |
YoY Change | -9.96% | 6.24% |
% of Gross Profit | 24.1% | 26.32% |
Research & Development | $88.83M | $97.93M |
YoY Change | -9.29% | 17.2% |
% of Gross Profit | 72.52% | 78.62% |
Depreciation & Amortization | $19.75M | $22.64M |
YoY Change | -12.78% | 15.53% |
% of Gross Profit | 16.12% | 18.18% |
Operating Expenses | $118.4M | $130.7M |
YoY Change | -9.46% | 14.25% |
Operating Profit | $4.144M | -$6.157M |
YoY Change | -167.31% | -113.02% |
Interest Expense | -$100.0K | $1.400M |
YoY Change | -107.14% | 133.33% |
% of Operating Profit | -2.41% | |
Other Income/Expense, Net | -$378.0K | $210.0K |
YoY Change | -280.0% | -1205.26% |
Pretax Income | $6.051M | -$4.500M |
YoY Change | -234.47% | -109.4% |
Income Tax | $1.433M | -$200.0K |
% Of Pretax Income | 23.68% | |
Net Earnings | $4.618M | -$4.272M |
YoY Change | -208.1% | -109.96% |
Net Earnings / Revenue | 1.94% | -1.68% |
Basic Earnings Per Share | $0.08 | -$0.07 |
Diluted Earnings Per Share | $0.08 | -$0.07 |
COMMON SHARES | ||
Basic Shares Outstanding | 58.54M shares | 61.46M shares |
Diluted Shares Outstanding | 60.26M shares | 61.46M shares |
Balance Sheet
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $250.4M | $226.3M |
YoY Change | 10.64% | 29.11% |
Cash & Equivalents | $198.1M | $186.5M |
Short-Term Investments | $52.35M | $39.88M |
Other Short-Term Assets | $28.33M | $14.27M |
YoY Change | 98.52% | 31.41% |
Inventory | $146.3M | $205.4M |
Prepaid Expenses | $27.51M | $30.50M |
Receivables | $111.5M | $106.3M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $564.1M | $575.1M |
YoY Change | -1.92% | -0.59% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $182.0M | $195.8M |
YoY Change | -7.03% | 14.62% |
Goodwill | $286.4M | $287.0M |
YoY Change | -0.23% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $205.1M | $159.3M |
YoY Change | 28.75% | 18.09% |
Other Assets | $14.63M | $34.15M |
YoY Change | -57.18% | 67.93% |
Total Long-Term Assets | $906.0M | $791.7M |
YoY Change | 14.45% | 0.45% |
TOTAL ASSETS | ||
Total Short-Term Assets | $564.1M | $575.1M |
Total Long-Term Assets | $906.0M | $791.7M |
Total Assets | $1.470B | $1.367B |
YoY Change | 7.56% | 0.01% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $60.41M | $53.66M |
YoY Change | 12.59% | -37.61% |
Accrued Expenses | $54.10M | $42.20M |
YoY Change | 28.2% | -8.66% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $131.2M | $118.6M |
YoY Change | 10.59% | -18.67% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $0.00 | $7.801M |
YoY Change | -100.0% | -85.76% |
Total Long-Term Liabilities | $221.7M | $121.1M |
YoY Change | 83.09% | 101.54% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $131.2M | $118.6M |
Total Long-Term Liabilities | $221.7M | $121.1M |
Total Liabilities | $352.9M | $239.7M |
YoY Change | 47.21% | 16.39% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$258.9M | -$184.7M |
YoY Change | 40.19% | 64.51% |
Common Stock | $1.376B | $1.325B |
YoY Change | 3.81% | 4.14% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.117B | $1.127B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.470B | $1.367B |
YoY Change | 7.56% | 0.01% |
Cashflow Statement
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $4.618M | -$4.272M |
YoY Change | -208.1% | -109.96% |
Depreciation, Depletion And Amortization | $19.75M | $22.64M |
YoY Change | -12.78% | 15.53% |
Cash From Operating Activities | $56.99M | $4.689M |
YoY Change | 1115.33% | -222.88% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $3.816M | $10.83M |
YoY Change | -64.75% | 0.73% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$26.60M | -$300.0K |
YoY Change | 8766.67% | -99.35% |
Cash From Investing Activities | -$34.72M | -$12.84M |
YoY Change | 170.49% | -83.52% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $40.00M | $40.00M |
YoY Change | 0.0% | -12.18% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$40.36M | -$41.00M |
YoY Change | -1.56% | -61.15% |
NET CHANGE | ||
Cash From Operating Activities | $56.99M | $4.689M |
Cash From Investing Activities | -$34.72M | -$12.84M |
Cash From Financing Activities | -$40.36M | -$41.00M |
Net Change In Cash | -$18.10M | -$49.15M |
YoY Change | -63.18% | -73.75% |
FREE CASH FLOW | ||
Cash From Operating Activities | $56.99M | $4.689M |
Capital Expenditures | $3.816M | $10.83M |
Free Cash Flow | $53.17M | -$6.138M |
YoY Change | -966.26% | -57.86% |
Facts In Submission
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CY2018Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-314000 | USD |
CY2019Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-346000 | USD |
CY2018Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-107000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-9159000 | USD |
CY2018Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
20264000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-18416000 | USD |
CY2018Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-32306000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2966000 | USD |
CY2018Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3361000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3220000 | USD |
CY2018Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-31185000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-7084000 | USD |
CY2018Q2 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-4018000 | USD |
CY2019Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
56987000 | USD |
CY2018Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4689000 | USD |
CY2019Q2 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
42057000 | USD |
CY2018Q2 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
17655000 | USD |
CY2019Q2 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
68663000 | USD |
CY2018Q2 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
17937000 | USD |
CY2019Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3816000 | USD |
CY2018Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10827000 | USD |
CY2019Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
4301000 | USD |
CY2018Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1728000 | USD |
CY2019Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-34723000 | USD |
CY2018Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-12837000 | USD |
CY2019Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
260000 | USD |
CY2018Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
60000 | USD |
CY2019Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
40000000 | USD |
CY2018Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
40000000 | USD |
CY2019Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-40359000 | USD |
CY2018Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-40997000 | USD |
CY2019Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
619000 | USD |
CY2018Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1057000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-18095000 | USD |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-49145000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
216172000 | USD |
CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
235604000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
198077000 | USD |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
186459000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1161728000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4272000 | USD |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
33000 | USD |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-2190000 | USD |
CY2018Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-997000 | USD |
CY2018Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
40000000 | USD |
CY2018Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12794000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1127096000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1140240000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4618000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
1671000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
24000 | USD |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-359000 | USD |
CY2019Q1 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
-726000 | USD |
CY2019Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
40000000 | USD |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11782000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1117250000 | USD |
CY2019Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
27961000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
149746000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
14899000 | USD |
CY2019Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
5268000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
143085000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
10854000 | USD |
CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-221465000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
254920000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
2618000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
109000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
257429000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
100000 | USD |
CY2019Q2 | crus |
Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
|
56100000 | USD |
CY2019Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
49800000 | USD |
CY2019Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
100000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
228757000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
1035000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
641000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
229151000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
600000 | USD |
CY2019Q1 | crus |
Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
|
123100000 | USD |
CY2019Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
120300000 | USD |
CY2019Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
600000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
70490000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
52415000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
52350000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
70183000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
202505000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
205079000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
158267000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
158968000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
254920000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
257429000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
228757000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
229151000 | USD |
CY2019Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
257429000 | USD |
CY2019Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
229151000 | USD |
CY2019Q2 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
1 | derivtive |
CY2019Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
59700000 | USD |
CY2019Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
111642000 | USD |
CY2019Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
120926000 | USD |
CY2019Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
145000 | USD |
CY2019Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
270000 | USD |
CY2019Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
111497000 | USD |
CY2019Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
120656000 | USD |
CY2019Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1096000 | USD |
CY2019Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
80100000 | USD |
CY2019Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
56850000 | USD |
CY2019Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
84633000 | USD |
CY2019Q2 | us-gaap |
Inventory Net
InventoryNet
|
146317000 | USD |
CY2019Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
89467000 | USD |
CY2019Q1 | us-gaap |
Inventory Net
InventoryNet
|
164733000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
3463000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
3711000 | USD |
CY2019Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
6000 | USD |
CY2019Q2 | us-gaap |
Lease Cost
LeaseCost
|
4565000 | USD |
CY2019Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P20Y | |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.04 | |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
11163000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
621000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
14366000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
1322000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
13661000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
1356000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
12831000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
535000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
12564000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
264000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
161975000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
338000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
226560000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
4436000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
74863000 | USD |
CY2019Q2 | crus |
Lessor Operating Lease Undiscounted Excess Amount
LessorOperatingLeaseUndiscountedExcessAmount
|
0 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
151697000 | USD |
CY2019Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
4436000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
14517000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
137180000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
151697000 | USD |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
238253000 | USD |
CY2018Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
254483000 | USD |
CY2019Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
6051000 | USD |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-4500000 | USD |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1433000 | USD |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-228000 | USD |
CY2019Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.237 | |
CY2018Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.051 | |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1400000 | USD |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-200000 | USD |
CY2019Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.237 | |
CY2018Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.051 | |
CY2019Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
40000000.0 | USD |
CY2019Q2 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
39800000 | USD |
CY2019Q2 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
300000 | USD |
CY2019Q2 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
3000000.0 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4618000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4272000 | USD |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
58540000 | shares |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61462000 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1718000 | shares |
CY2018Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
60258000 | shares |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61462000 | shares |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
CY2019Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
734000 | shares |
CY2019Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares |
CY2018Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares |
CY2019Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2019Q2 | crus |
Number Of Product Lines
NumberOfProductLines
|
2 | product_line |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
238253000 | USD |
CY2018Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
254483000 | USD |